HUBBERD-FROST NAT'L BANK G/U

Name: HUBBERD-FROST NAT'L BANK G/U lease production and value, Dec 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the ROSITA, NW (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 152550District 04Field 783385002 tax incentive programmesGasSave Export

Value, all time

$3.6 M

Dec 1994 – Oct 2008

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

167

no gaps in the span

Streams

gas

The ROSITA, NW (WILCOX CONS.) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 50 leases and 50 wells, and the rule below applies to all of them.

Discovered

1997-01-10

as the register files it

Field class

Gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-12-20.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 03/01/97.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-02-27	133474
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Gas	Production	3,352,554 Mcf	$3,645,071
Total			$3,645,071

2,208,238 Mcf of this lease's gas, across 25 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.8075, -98.5552. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.80751, -98.55522 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

12,337 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,337 ft.

Completions filed

Oct 2008

1 of 1 wells

1 well


42-13137958	5	12,337 ft	Oct 2008	—	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (167)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

167 months


Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	18	114.22	8.48	$153
Jul 2008	0	131.08	11.39	$0
Jun 2008	87	131.33	13.03	$1,134
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	1	92.53	8.77	$9
Jan 2008	61	90.38	8.21	$501
Dec 2007	103	88.33	7.30	$752
Nov 2007	0	91.67	7.29	$0
Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	144	70.90	6.39	$920
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	63	50.30	6.73	$424
Dec 2006	108	56.65	6.92	$747
Nov 2006	570	54.20	7.62	$4,342
Oct 2006	0	54.90	6.01	$0
Sep 2006	0	60.08	5.04	$0
Aug 2006	102	68.71	7.34	$749
Jul 2006	44	69.37	6.34	$279
Jun 2006	100	66.28	6.38	$638
May 2006	1,676	66.01	6.42	$10,768
Apr 2006	617	64.39	7.36	$4,541
Mar 2006	365	56.70	7.08	$2,585
Feb 2006	187	57.59	7.75	$1,449
Jan 2006	278	60.59	8.93	$2,483
Dec 2005	290	54.94	13.42	$3,890
Nov 2005	379	54.69	10.59	$4,013
Oct 2005	561	58.34	13.80	$7,739
Sep 2005	421	61.45	12.08	$5,085
Aug 2005	745	61.51	9.80	$7,299
Jul 2005	474	55.69	7.84	$3,718
Jun 2005	909	52.33	7.38	$6,709
May 2005	565	45.22	6.65	$3,758
Apr 2005	702	49.20	7.36	$5,167
Mar 2005	2,159	50.37	7.15	$15,447
Feb 2005	6,953	45.22	6.31	$43,887
Jan 2005	995	43.16	6.32	$6,291
Dec 2004	697	39.86	6.75	$4,706
Nov 2004	1,147	45.28	6.33	$7,261
Oct 2004	1,725	49.70	6.52	$11,239
Sep 2004	1,213	43.24	5.28	$6,409
Aug 2004	2,265	42.37	5.55	$12,572
Jul 2004	1,725	38.28	6.08	$10,495
Jun 2004	2,914	36.10	6.43	$18,746
May 2004	2,674	37.48	6.49	$17,367
Apr 2004	5,804	34.47	5.86	$34,003
Mar 2004	6,886	34.36	5.53	$38,081
Feb 2004	4,208	32.45	5.51	$23,184
Jan 2004	1,621	32.03	6.30	$10,212
Dec 2003	1,687	30.26	6.30	$10,631
Nov 2003	1,955	28.80	4.60	$8,984
Oct 2003	2,106	28.17	4.76	$10,024
Sep 2003	1,179	26.31	4.75	$5,600
Aug 2003	4,907	29.76	5.13	$25,172
Jul 2003	5,318	29.41	5.17	$27,499
Jun 2003	4,642	28.56	5.98	$27,773
May 2003	5,763	26.59	5.97	$34,421
Apr 2003	5,244	26.67	5.41	$28,356
Mar 2003	6,413	31.14	6.10	$39,094
Feb 2003	5,331	33.48	7.93	$42,253
Jan 2003	5,561	30.31	5.58	$31,042
Dec 2002	6,890	26.91	4.85	$33,442
Nov 2002	6,231	24.66	4.14	$25,777
Oct 2002	4,631	26.46	4.23	$19,585
Sep 2002	5,779	27.44	3.64	$21,008
Aug 2002	7,187	25.96	3.16	$22,741
Jul 2002	6,954	24.58	3.06	$21,291
Jun 2002	6,220	23.73	3.34	$20,764
May 2002	7,207	24.66	3.58	$25,830
Apr 2002	6,683	23.65	3.51	$23,473
Mar 2002	7,875	22.00	3.10	$24,434
Feb 2002	5,617	18.22	2.38	$13,344
Jan 2002	7,974	17.17	2.38	$18,944
Dec 2001	8,108	16.93	2.36	$19,171
Nov 2001	7,461	18.07	2.41	$17,948
Oct 2001	8,010	19.78	2.53	$20,256
Sep 2001	7,814	24.26	2.25	$17,592
Aug 2001	8,924	24.87	3.05	$27,246
Jul 2001	8,323	23.93	3.20	$26,609
Jun 2001	8,398	24.56	3.82	$32,115
May 2001	8,908	25.52	4.31	$38,370
Apr 2001	8,560	24.68	5.34	$45,670
Mar 2001	8,409	24.54	5.38	$45,210
Feb 2001	9,219	27.75	5.77	$53,167
Jan 2001	10,371	27.47	8.40	$87,104
Dec 2000	10,446	26.88	9.12	$95,294
Nov 2000	9,678	32.21	5.66	$54,758
Oct 2000	10,534	31.23	5.15	$54,203
Sep 2000	9,929	31.87	5.19	$51,497
Aug 2000	12,302	29.64	4.54	$55,860
Jul 2000	12,474	28.53	4.09	$51,016
Jun 2000	10,315	29.30	4.40	$45,358
May 2000	11,195	27.26	3.68	$41,195
Apr 2000	12,638	24.51	3.12	$39,380
Mar 2000	13,053	28.42	2.86	$37,328
Feb 2000	12,999	27.62	2.73	$35,442
Jan 2000	12,607	25.27	2.48	$31,272
Dec 1999	12,301	24.28	2.42	$29,814
Nov 1999	13,212	23.19	2.43	$32,158
Oct 1999	14,436	20.98	2.80	$40,474
Sep 1999	14,238	21.75	2.62	$37,287
Aug 1999	11,182	19.26	2.88	$32,155
Jul 1999	15,250	17.89	2.37	$36,179
Jun 1999	16,960	15.94	2.36	$40,061
May 1999	17,479	15.79	2.32	$40,569
Apr 1999	15,766	15.10	2.21	$34,812
Mar 1999	18,219	12.47	1.84	$33,493
Feb 1999	17,692	9.98	1.82	$32,160
Jan 1999	18,788	10.38	1.90	$35,696
Dec 1998	17,018	9.20	1.77	$30,178
Nov 1998	18,685	10.89	2.19	$40,840
Oct 1998	19,949	12.42	1.97	$39,284
Sep 1998	20,119	12.59	2.08	$41,900
Aug 1998	21,818	11.30	1.91	$41,615
Jul 1998	23,379	11.74	2.24	$52,305
Jun 1998	22,539	11.24	2.24	$50,426
May 1998	26,113	12.62	2.21	$57,614
Apr 1998	25,498	13.04	2.51	$63,881
Mar 1998	27,389	12.80	2.31	$63,253
Feb 1998	26,184	13.95	2.30	$60,200
Jan 1998	30,635	14.70	2.15	$66,012
Dec 1997	29,134	16.32	2.41	$70,245
Nov 1997	30,967	18.19	3.09	$95,634
Oct 1997	28,774	19.25	3.15	$90,633
Sep 1997	33,816	17.74	2.95	$99,922
Aug 1997	23,279	17.86	2.55	$59,472
Jul 1997	11,988	17.58	2.25	$26,936
Jun 1997	1,057	17.24	2.26	$2,386
May 1997	32,532	18.97	2.31	$75,100
Apr 1997	5,100	17.88	2.08	$10,622
Mar 1997	30,519	18.95	1.94	$59,181
Feb 1997	5,176	20.49	2.21	$11,418
Jan 1997	24,540	23.48	3.54	$86,864
Dec 1996	15,272	23.32	—	$0
Nov 1996	20,403	21.97	—	$0
Oct 1996	31,985	23.31	—	$0
Sep 1996	41,035	22.22	—	$0
Aug 1996	42,768	20.26	—	$0
Jul 1996	30,035	19.55	—	$0
Jun 1996	54,989	18.73	—	$0
May 1996	54,658	19.43	—	$0
Apr 1996	74,565	21.51	—	$0
Mar 1996	82,325	19.38	—	$0
Feb 1996	90,445	16.98	—	$0
Jan 1996	108,448	17.07	—	$0
Dec 1995	125,930	17.19	—	$0
Nov 1995	141,733	16.00	—	$0
Oct 1995	170,144	15.43	—	$0
Sep 1995	120,282	16.18	—	$0
Aug 1995	106,250	15.92	—	$0
Jul 1995	101,754	15.24	—	$0
Jun 1995	109,568	16.41	—	$0
May 1995	130,354	17.56	—	$0
Apr 1995	136,766	17.73	—	$0
Mar 1995	137,061	16.44	—	$0
Feb 1995	129,230	16.58	—	$0
Jan 1995	118,952	15.92	—	$0
Dec 1994	33,286	15.03	—	$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 2008 — as filed, then multipliedworked

Gas                   18 Mcf  × $  8.48 =       $153

────────────────────────────────────────────────────
Month total                                     $153

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/152550 is the state's own key, not one this site invented.