HUBBERD TRUST

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LIZ (9200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153621District 04Field 541946002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Feb 1995 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
376
no gaps in the span
Streams
2
condensate, gas

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 51 leases and 51 wells, and the rule below applies to all of them.

Discovered
1980-08-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ORDERD THAT THE ALLOCATION FORMULA REMAIN SUSPENDED.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-08-21144523
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition8,041 bbl$518,512
GasProduction1,167,997 Mcf$2,673,874
Total$3,192,387

455,893 Mcf of this lease's gas, across 23 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 27.3531, -99.3263. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35313, -99.32626 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,500 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
00.0%
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.
1100.0%

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 10,500 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-47936248210,500 ftFeb 1995

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 (376)

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

376 months

May 20260900106.413.05$2,741
Apr 202601,02098.932.87$2,927
Mar 2026121,19189.753.15$4,828
Feb 202601,14163.503.75$4,279
Jan 202601,25159.138.00$10,005
Dec 202501,04556.664.41$4,612
Nov 202501,27158.593.93$4,991
Oct 202501,41159.383.30$4,663
Sep 202513886062.743.08$11,304
Aug 2025091163.933.01$2,746
Jul 202501,00266.743.32$3,322
Jun 2025065866.483.13$2,059
May 2025057460.553.23$1,855
Apr 2025015862.363.54$560
Mar 202505367.704.27$226
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240169.052.20$2
Oct 20240071.372.28$0
Sep 20240169.612.36$2
Aug 20240375.632.06$6
Jul 202414510779.932.15$11,820
Jun 2024021978.082.63$577
May 2024040878.812.20$897
Apr 2024066684.451.66$1,105
Mar 2024083880.301.55$1,295
Feb 2024074776.091.78$1,332
Jan 202401,15473.023.30$3,806
Dec 202301,20071.262.61$3,133
Nov 2023090277.892.81$2,532
Oct 202301,13385.443.09$3,498
Sep 2023042489.042.74$1,160
Aug 202313085380.522.67$12,748
Jul 202301,04974.852.64$2,771
Jun 202314235668.962.26$10,596
May 2023076870.622.23$1,711
Apr 2023055778.122.24$1,246
Mar 2023088172.852.39$2,108
Feb 2023095675.112.47$2,357
Jan 202301,01476.533.39$3,435
Dec 2022531,09576.415.73$10,323
Nov 202201,06185.005.65$5,991
Oct 202201,09787.185.86$6,433
Sep 202201,20484.888.16$9,829
Aug 2022086894.529.13$7,922
Jul 20220813101.587.54$6,132
Jun 20220830115.097.98$6,621
May 20220999109.378.43$8,425
Apr 2022361,045104.226.84$10,897
Mar 20220620108.885.08$3,147
Feb 202218736091.054.86$18,776
Jan 202201,08481.844.54$4,919
Dec 202101,16971.323.90$4,558
Nov 202101,04477.435.24$5,467
Oct 202101,04179.795.71$5,948
Sep 2021097069.865.35$5,190
Aug 202101,01866.024.22$4,297
Jul 202101,06670.783.98$4,245
Jun 202101,46069.493.38$4,936
May 202101,24863.483.02$3,766
Apr 202101,58560.362.76$4,372
Mar 202101,75961.302.72$4,779
Feb 202101,73357.805.55$9,615
Jan 202102,10850.412.81$5,924
Dec 202002,16344.642.68$5,787
Nov 202001,98738.772.71$5,378
Oct 202051,92336.972.48$4,951
Sep 20201631,08137.091.99$8,198
Aug 2020041839.982.39$997
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200449.881.98$8
Jan 20200657.252.09$13
Dec 20190059.012.30$0
Nov 20190655.302.75$17
Oct 20190353.472.42$7
Sep 201903155.052.66$82
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201901656.803.06$49
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018017646.594.19$737
Nov 201801,16952.934.24$4,953
Oct 2018971,85861.443.40$12,273
Sep 2018090259.543.11$2,803
Aug 201801,85259.403.07$5,679
Jul 201801,77265.142.93$5,195
Jun 201804,64060.183.08$14,277
May 201805,91965.382.90$17,170
Apr 201805,65163.842.90$16,392
Mar 201806,13061.222.79$17,083
Feb 201805,63461.782.77$15,584
Jan 201806,12162.874.01$24,541
Dec 201706,20557.272.92$18,128
Nov 201706,03855.423.12$18,829
Oct 201706,05349.292.98$18,060
Sep 201705,76547.523.09$17,798
Aug 20171945,98145.373.00$26,771
Jul 201706,04443.873.09$18,660
Jun 201705,95542.493.09$18,385
May 201706,40445.373.26$20,899
Apr 201706,26047.933.21$20,105
Mar 201706,37646.772.98$19,024
Feb 201705,89550.452.95$17,406
Jan 201706,54449.413.42$22,373
Dec 201606,67148.763.72$24,835
Nov 2016146,01242.492.64$16,493
Oct 201604,74746.193.09$14,669
Sep 2016111,39441.553.10$4,779
Aug 201601,73941.442.92$5,085
Jul 2016131,39241.622.92$4,612
Jun 20161351,89245.352.69$11,204
May 2016111,89142.521.99$4,233
Apr 2016112,01736.561.99$4,418
Mar 2016122,15333.011.79$4,259
Feb 201601,88126.472.06$3,882
Jan 2016122,17627.352.36$5,473
Dec 201502,22832.362.00$4,459
Nov 201502,17138.792.17$4,705
Oct 201502,26443.552.43$5,494
Sep 201502,28542.992.76$6,303
Aug 201503,59840.162.87$10,335
Jul 201504,38248.152.95$12,905
Jun 2015294,33156.152.88$14,114
May 201503,27755.212.96$9,685
Apr 201503,31449.822.71$8,970
Mar 201503,56142.892.93$10,451
Feb 2015612,55244.662.98$10,320
Jan 2015563,13943.433.10$12,165
Dec 201403,14454.693.59$11,291
Nov 20141243,34270.464.25$22,947
Oct 201403,76478.303.90$14,683
Sep 2014773,88486.164.05$22,347
Aug 20141954,27389.394.04$34,673
Jul 201405,80596.564.18$24,263
Jun 2014837,86298.164.74$45,389
May 2014093694.734.73$4,424
Apr 2014732695.944.81$7,129
Mar 201402695.895.06$131
Feb 2014030197.406.19$1,864
Jan 201406190.404.86$297
Dec 201306291.824.35$270
Nov 2013708388.853.74$6,530
Oct 2013709497.423.78$7,175
Sep 2013082104.113.72$305
Aug 20136195104.253.52$6,694
Jul 2013072102.523.72$268
Jun 2013011194.403.93$437
May 20137912594.834.15$8,010
Apr 2013010493.964.28$445
Mar 2013011993.623.91$466
Feb 201313311391.233.42$12,520
Jan 201309391.603.42$318
Dec 2012011186.773.42$380
Nov 2012010186.953.62$366
Oct 2012010689.383.40$360
Sep 20128710894.672.92$8,551
Aug 2012010592.662.91$305
Jul 2012010785.133.02$323
Jun 2012013279.822.52$333
May 2012080091.612.49$1,991
Apr 20120101101.652.00$202
Mar 201211899105.052.22$12,616
Feb 2012088101.102.57$226
Jan 2012011098.092.73$301
Dec 2011011296.873.24$363
Nov 2011012895.723.31$424
Oct 201112212984.983.65$10,838
Sep 2011011983.623.99$474
Aug 201108183.404.15$336
Jul 201107494.144.52$334
Jun 201109092.904.64$418
May 2011011898.134.40$520
Apr 20110124105.964.33$537
Mar 201117014796.364.06$16,978
Feb 2011014185.644.18$589
Jan 2011017386.504.59$794
Dec 2010019385.734.35$839
Nov 2010017480.843.80$660
Oct 2010016778.103.51$586
Sep 2010017272.633.98$684
Aug 201016713573.684.42$12,901
Jul 2010015972.554.74$753
Jun 2010015370.364.91$751
May 2010016071.124.24$678
Apr 2010016981.694.12$697
Mar 2010017878.394.39$781
Feb 2010015173.585.44$822
Jan 2010017374.365.96$1,032
Dec 200917518971.445.48$13,538
Nov 2009021274.593.75$795
Oct 2009028772.544.11$1,180
Sep 2009025265.543.06$772
Aug 2009030167.423.22$969
Jul 2009027461.133.46$949
Jun 2009022066.163.90$857
May 2009027254.743.93$1,068
Apr 2009028046.773.59$1,005
Mar 200916729442.144.06$8,231
Feb 2009029032.814.63$1,344
Jan 2009026035.865.37$1,396
Dec 2008026837.105.98$1,602
Nov 2008051155.496.86$3,506
Oct 2008045375.246.92$3,136
Sep 20080402101.767.88$3,167
Aug 20080460114.228.48$3,902
Jul 20080632131.0811.39$7,198
Jun 20080411131.3313.03$5,356
May 20080421123.1711.57$4,873
Apr 20080463110.3110.45$4,841
Mar 20080566101.909.66$5,470
Feb 200817661292.538.77$21,653
Jan 2008060290.388.21$4,940
Dec 2007071888.337.30$5,243
Nov 20079176591.677.29$13,920
Oct 2007039882.856.92$2,755
Sep 2007037075.846.24$2,310
Aug 2007081669.066.39$5,213
Jul 2007074170.906.39$4,733
Jun 2007066062.007.55$4,982
May 2007083958.747.85$6,583
Apr 2007095559.617.81$7,454
Mar 200716999156.927.30$16,856
Feb 20071791,08855.108.22$18,802
Jan 20071711,12650.306.73$16,176
Dec 20061821,16156.656.92$18,343
Nov 200617782254.207.62$15,855
Oct 200601,11854.906.01$6,723
Sep 200601,32260.085.04$6,659
Aug 200641,21868.717.34$9,215
Jul 200601,62469.376.34$10,301
Jun 200602,01466.286.38$12,857
May 20061591,88066.016.42$22,575
Apr 20061731,90764.397.36$25,176
Mar 20061682,44956.707.08$26,872
Feb 20061852,38257.597.75$29,117
Jan 20063652,24960.598.93$42,206
Dec 20053402,51154.9413.42$52,366
Nov 20055332,42954.6910.59$54,869
Oct 20053672,65858.3413.80$58,080
Sep 20051712,37661.4512.08$39,208
Aug 20051731,84961.519.80$28,756
Jul 20051712,08255.697.84$25,853
Jun 200501,44352.337.38$10,651
May 200502,01345.226.65$13,389
Apr 200502,41449.207.36$17,768
Mar 200502,27850.377.15$16,299
Feb 200501,50645.226.31$9,506
Jan 200501,97643.166.32$12,493
Dec 200402,47639.866.75$16,716
Nov 200401,38745.286.33$8,780
Oct 200402,49249.706.52$16,236
Sep 20041582,05743.245.28$17,701
Aug 200403,16742.375.55$17,579
Jul 200403,02338.286.08$18,392
Jun 2004069836.106.43$4,490
May 200402,50837.486.49$16,288
Apr 200402,44134.475.86$14,301
Mar 200402,73134.365.53$15,103
Feb 200402,75532.455.51$15,179
Jan 200403,33132.036.30$20,984
Dec 200303,17730.266.30$20,020
Nov 200301,97828.804.60$9,089
Oct 200301,85628.174.76$8,834
Sep 200301,95426.314.75$9,280
Aug 200303,12929.765.13$16,051
Jul 200302,64329.415.17$13,667
Jun 200303,31728.565.98$19,845
May 200303,10726.595.97$18,557
Apr 200304,29826.675.41$23,240
Mar 200303,87531.146.10$23,622
Feb 200302,71033.487.93$21,479
Jan 200303,60930.315.58$20,146
Dec 2002453,78426.914.85$19,578
Nov 200202,81024.664.14$11,625
Oct 200203,53326.464.23$14,941
Sep 200203,47027.443.64$12,614
Aug 200204,48425.963.16$14,188
Jul 200203,27324.583.06$10,021
Jun 200205,25523.733.34$17,542
May 200203,18424.663.58$11,411
Apr 200203,05823.653.51$10,741
Mar 200203,28422.003.10$10,189
Feb 200202,69418.222.38$6,400
Jan 200203,10617.172.38$7,379
Dec 200103,49416.932.36$8,261
Nov 200103,21818.072.41$7,741
Oct 200104,08319.782.53$10,325
Sep 200104,40324.262.25$9,913
Aug 200105,60424.873.05$17,110
Jul 200106,46323.933.20$20,663
Jun 200107,93524.563.82$30,345
May 2001012,61525.524.31$54,337
Apr 2001091924.685.34$4,903
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200009,21429.644.54$41,838
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000727827.622.73$951
Jan 200004,84425.272.48$12,016
Dec 199904,30624.282.42$10,437
Nov 199903,45823.192.43$8,417
Oct 199903,86420.982.80$10,834
Sep 199902,98921.752.62$7,828
Aug 199913,01519.262.88$8,689
Jul 199903,76917.892.37$8,941
Jun 199904,51615.942.36$10,667
May 199904,94115.792.32$11,468
Apr 199903,40615.102.21$7,521
Mar 199904,59412.471.84$8,445
Feb 199903,6149.981.82$6,569
Jan 1999336,39810.381.90$12,498
Dec 199808409.201.77$1,490
Nov 199804,48710.892.19$9,807
Oct 199805,01212.421.97$9,870
Sep 199803,30112.592.08$6,875
Aug 199815,40611.301.91$10,322
Jul 199806,04211.742.24$13,518
Jun 199804,95011.242.24$11,074
May 199805,71412.622.21$12,607
Apr 199805,63913.042.51$14,128
Mar 199805,48012.802.31$12,656
Feb 199805,78413.952.30$13,298
Jan 199805,61814.702.15$12,106
Dec 199706,09616.322.41$14,698
Nov 199706,44218.193.09$19,895
Oct 199706,63019.253.15$20,883
Sep 199706,24017.742.95$18,438
Aug 199735,75617.862.55$14,759
Jul 199706,23817.582.25$14,016
Jun 199706,80117.242.26$15,351
May 199727,11618.972.31$16,465
Apr 199707,94717.882.08$16,552
Mar 199738,82818.951.94$17,176
Feb 199716,34920.492.21$14,026
Jan 199707,74023.483.54$27,397
Dec 199617,53523.32$23
Nov 199618,61221.97$22
Oct 1996110,67723.31$23
Sep 199628,75922.22$44
Aug 199609,64620.26$0
Jul 199619,90119.55$20
Jun 1996010,10818.73$0
May 1996010,80719.43$0
Apr 1996011,13221.51$0
Mar 1996012,09119.38$0
Feb 1996011,97316.98$0
Jan 1996013,45817.07$0
Dec 1995113,01317.19$17
Nov 1995016,30616.00$0
Oct 1995321,75315.43$46
Sep 1995018,07516.18$0
Aug 1995021,60215.92$0
Jul 19957023,31015.24$1,067
Jun 1995027,94716.41$0
May 1995035,98317.56$0
Apr 199511548,64217.73$2,039
Mar 1995081,51616.44$0
Feb 1995023,04716.58$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  900 Mcf  × $  3.05 =     $2,741

────────────────────────────────────────────────────
Month total                                   $2,741

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/153621 is the state's own key, not one this site invented.