HUBBERD TRUST

Operated by COLUMBUS ENERGY, LLC (P-5 169313) 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 153776District 04Field 541946002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Mar 1995 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 Gas112001-08-21144522
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
CondensateDisposition1,232 bbl$23,684
GasProduction872,895 Mcf$1,748,525
Total$1,772,209

426,335 Mcf of this lease's gas, across 22 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 27.3540, -99.3172. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35404, -99.31723 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,776 ft
1 wells filed one
Completion to plug
18.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,776 ft.

Completions filed
Mar 1995
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793622519,776 ftMar 1995Oct 2013Yes

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 (224)

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

224 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201031,15474.365.96$7,106
Dec 200901,39971.445.48$7,672
Nov 2009098674.593.75$3,699
Oct 200901,16572.544.11$4,788
Sep 200901,49765.543.06$4,588
Aug 200901,05167.423.22$3,383
Jul 2009068261.133.46$2,363
Jun 200901,09666.163.90$4,269
May 200901,12754.743.93$4,424
Apr 200901,22946.773.59$4,409
Mar 200901,04642.144.06$4,246
Feb 200901,09632.814.63$5,078
Jan 200901,09435.865.37$5,876
Dec 2008087637.105.98$5,236
Nov 200801,40955.496.86$9,666
Oct 200801,34175.246.92$9,282
Sep 20080780101.767.88$6,144
Aug 20080958114.228.48$8,127
Jul 20080848131.0811.39$9,658
Jun 200801,179131.3313.03$15,365
May 20080787123.1711.57$9,109
Apr 20080960110.3110.45$10,037
Mar 200801,135101.909.66$10,969
Feb 2008093892.538.77$8,227
Jan 2008270890.388.21$5,990
Dec 200721,23788.337.30$9,209
Nov 200701,10691.677.29$8,065
Oct 200711,07082.856.92$7,489
Sep 200701,23575.846.24$7,712
Aug 200701,08269.066.39$6,912
Jul 200701,29070.906.39$8,240
Jun 200701,13762.007.55$8,583
May 200701,29658.747.85$10,169
Apr 200701,15859.617.81$9,038
Mar 200721,42356.927.30$10,505
Feb 200701,30655.108.22$10,730
Jan 200701,29450.306.73$8,705
Dec 200601,20956.656.92$8,364
Nov 200621,01354.207.62$7,825
Oct 200611,11454.906.01$6,754
Sep 200601,20060.085.04$6,045
Aug 200601,20768.717.34$8,859
Jul 200601,10069.376.34$6,977
Jun 2006094966.286.38$6,058
May 2006095866.016.42$6,155
Apr 200601,21564.397.36$8,943
Mar 200601,09356.707.08$7,742
Feb 200601,03957.597.75$8,053
Jan 2006075460.598.93$6,736
Dec 2005074454.9413.42$9,981
Nov 200501,15554.6910.59$12,230
Oct 200501,30758.3413.80$18,031
Sep 200501,15361.4512.08$13,927
Aug 200501,32061.519.80$12,932
Jul 2005111,29055.697.84$10,731
Jun 200501,45952.337.38$10,769
May 200501,66545.226.65$11,074
Apr 200501,57749.207.36$11,607
Mar 200501,67550.377.15$11,984
Feb 200501,38245.226.31$8,723
Jan 200501,52243.166.32$9,622
Dec 200421,64839.866.75$11,206
Nov 200401,53645.286.33$9,724
Oct 200401,71449.706.52$11,167
Sep 200411,76343.245.28$9,359
Aug 200401,86542.375.55$10,352
Jul 200401,93338.286.08$11,761
Jun 200401,94836.106.43$12,532
May 200431,96237.486.49$12,855
Apr 200451,96834.475.86$11,702
Mar 200421,94434.365.53$10,819
Feb 200421,89632.455.51$10,511
Jan 200421,80032.036.30$11,403
Dec 200331,55830.266.30$9,909
Nov 200331,82528.804.60$8,473
Oct 200382,03128.174.76$9,892
Sep 200352,04026.314.75$9,820
Aug 200322,03129.765.13$10,478
Jul 200312,12829.415.17$11,033
Jun 200351,99228.565.98$12,061
May 200302,07226.595.97$12,375
Apr 200302,10626.675.41$11,388
Mar 200302,20031.146.10$13,411
Feb 200302,22233.487.93$17,611
Jan 200302,54530.315.58$14,206
Dec 200202,75326.914.85$13,362
Nov 200202,89324.664.14$11,968
Oct 200232,15426.464.23$9,189
Sep 200202,37827.443.64$8,645
Aug 200202,43225.963.16$7,695
Jul 200202,60124.583.06$7,964
Jun 200202,33123.733.34$7,781
May 200202,46524.663.58$8,835
Apr 200202,38023.653.51$8,359
Mar 200212,40222.003.10$7,475
Feb 200232,53018.222.38$6,065
Jan 20020017.172.38$0
Dec 20014857816.932.36$2,179
Nov 200103,31318.072.41$7,969
Oct 200103,74719.782.53$9,476
Sep 200103,89924.262.25$8,778
Aug 200103,95324.873.05$12,069
Jul 2001993,94723.933.20$14,988
Jun 200103,61924.563.82$13,840
May 200104,02225.524.31$17,324
Apr 200103,98424.685.34$21,256
Mar 200104,12724.545.38$22,189
Feb 200103,88427.755.77$22,399
Jan 200104,39327.478.40$36,896
Dec 200003,58926.889.12$32,741
Nov 200013,18532.215.66$18,053
Oct 200002,71031.235.15$13,944
Sep 200002,90431.875.19$15,062
Aug 200003,26529.644.54$14,826
Jul 200003,33128.534.09$13,623
Jun 200003,10429.304.40$13,649
May 200003,44027.263.68$12,658
Apr 200003,48924.513.12$10,872
Mar 200003,79828.422.86$10,861
Feb 200003,17027.622.73$8,643
Jan 200003,77725.272.48$9,369
Dec 199903,99624.282.42$9,685
Nov 199903,96823.192.43$9,658
Oct 199904,15420.982.80$11,647
Sep 199904,01121.752.62$10,504
Aug 199904,55819.262.88$13,107
Jul 199905,26817.892.37$12,498
Jun 199914,90215.942.36$11,595
May 199905,33215.792.32$12,376
Apr 199905,12515.102.21$11,316
Mar 199905,75212.471.84$10,574
Feb 199915,0629.981.82$9,212
Jan 199905,53210.381.90$10,511
Dec 199805,8059.201.77$10,294
Nov 199845,71310.892.19$12,531
Oct 199805,90912.421.97$11,636
Sep 199805,37512.592.08$11,194
Aug 199806,59711.301.91$12,583
Jul 199806,26411.742.24$14,014
Jun 199805,99311.242.24$13,408
May 199805,77012.622.21$12,731
Apr 199805,97213.042.51$14,962
Mar 199806,92212.802.31$15,986
Feb 199806,91313.952.30$15,894
Jan 199806,82514.702.15$14,706
Dec 199707,04516.322.41$16,986
Nov 199707,71718.193.09$23,832
Oct 199704,99219.253.15$15,724
Sep 199735,08217.742.95$15,070
Aug 199707,20417.862.55$18,404
Jul 19971207,09217.582.25$18,045
Jun 199707,11017.242.26$16,049
May 199737,95118.972.31$18,412
Apr 199707,99417.882.08$16,650
Mar 199748,42918.951.94$16,421
Feb 199727,72120.492.21$17,073
Jan 199708,95623.483.54$31,702
Dec 199628,98523.32$47
Nov 199648,76521.97$88
Oct 199629,82623.31$47
Sep 1996459,91622.22$1,000
Aug 1996110,52820.26$20
Jul 1996011,30119.55$0
Jun 1996011,54218.73$0
May 1996012,54019.43$0
Apr 19964812,87321.51$1,032
Mar 1996014,63219.38$0
Feb 199613814,58716.98$2,343
Jan 1996817,12617.07$137
Dec 1995118,02017.19$17
Nov 1995118,87716.00$16
Oct 199514524,20515.43$2,237
Sep 1995020,29116.18$0
Aug 1995024,40615.92$0
Jul 199510027,37715.24$1,524
Jun 199512832,53416.41$2,100
May 199512937,07917.56$2,265
Apr 199511934,45117.73$2,110
Mar 1995046,47416.44$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.

Jan 2010 — as filed, then multipliedworked
Condensate             3 bbl  × $ 74.36 =       $223
Gas                1,154 Mcf  × $  5.96 =     $6,883

────────────────────────────────────────────────────
Month total                                   $7,106

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/153776 is the state's own key, not one this site invented.