HUBBERD

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 154702District 04Field 541946002 tax incentive programmesCondensateGasSaveExport
Value, all time
$516 k
Jul 1995 – Nov 2013
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
221
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 Gas111995-07-31132340
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
CondensateDisposition485 bbl$11,657
GasProduction291,398 Mcf$504,596
Total$516,253

151,662 Mcf of this lease's gas, across 18 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 27.3446, -99.2525. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34457, -99.25255 · 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
11,200 ft
1 wells filed one
Completion to plug
18.3 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 11,200 ft.

Completions filed
Jul 1995
1 of 1 wells
Plug dates filed
Nov 2013
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479362921711,200 ftJul 1995Nov 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 (221)

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

221 months

Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130477102.523.72$1,773
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013010691.233.42$363
Jan 2013046291.603.42$1,580
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201206689.383.40$224
Sep 201209194.672.92$266
Aug 2012016492.662.91$477
Jul 2012015785.133.02$474
Jun 2012018579.822.52$466
May 201206991.612.49$172
Apr 20120144101.652.00$288
Mar 20120146105.052.22$324
Feb 20120183101.102.57$470
Jan 2012013498.092.73$366
Dec 2011013196.873.24$424
Nov 2011011495.723.31$377
Oct 2011026584.983.65$967
Sep 2011064183.623.99$2,555
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011011498.134.40$502
Apr 20110247105.964.33$1,070
Mar 201104896.364.06$195
Feb 2011021185.644.18$882
Jan 201104286.504.59$193
Dec 2010016385.734.35$709
Nov 201006380.843.80$239
Oct 2010018378.103.51$642
Sep 2010038872.633.98$1,544
Aug 20100273.684.42$9
Jul 2010028072.554.74$1,326
Jun 2010018570.364.91$908
May 2010017671.124.24$745
Apr 2010012181.694.12$499
Mar 2010016278.394.39$711
Feb 2010010373.585.44$561
Jan 2010026174.365.96$1,557
Dec 2009011671.445.48$636
Nov 2009022274.593.75$833
Oct 2009033072.544.11$1,356
Sep 2009029365.543.06$898
Aug 2009017467.423.22$560
Jul 2009026561.133.46$918
Jun 2009023366.163.90$908
May 2009045354.743.93$1,778
Apr 2009050846.773.59$1,822
Mar 200901,17242.144.06$4,757
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008089131.0811.39$1,014
Jun 20080107131.3313.03$1,394
May 20080100123.1711.57$1,157
Apr 20080125110.3110.45$1,307
Mar 20080166101.909.66$1,604
Feb 2008226792.538.77$2,527
Jan 2008287490.388.21$7,353
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007011075.846.24$687
Aug 2007114569.066.39$995
Jul 2007013270.906.39$843
Jun 2007046362.007.55$3,495
May 20070058.747.85$0
Apr 200706159.617.81$476
Mar 200708956.927.30$650
Feb 200706455.108.22$526
Jan 200709750.306.73$653
Dec 200605456.656.92$374
Nov 20061154.207.62$62
Oct 2006012054.906.01$722
Sep 2006015960.085.04$801
Aug 2006010668.717.34$778
Jul 200604169.376.34$260
Jun 200605866.286.38$370
May 200602466.016.42$154
Apr 2006015464.397.36$1,134
Mar 2006116056.707.08$1,190
Feb 2006212357.597.75$1,069
Jan 2006323160.598.93$2,245
Dec 200501,69654.9413.42$22,753
Nov 20050054.6910.59$0
Oct 2005041258.3413.80$5,684
Sep 2005020161.4512.08$2,428
Aug 2005025661.519.80$2,508
Jul 2005518255.697.84$3,483
Jun 2005022752.337.38$1,676
May 200502,67145.226.65$17,765
Apr 200501,39749.207.36$10,283
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004121,22434.365.53$7,181
Feb 20040032.455.51$0
Jan 20041032.036.30$32
Dec 2003341530.266.30$2,706
Nov 2003063928.804.60$2,936
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003016626.595.97$991
Apr 2003366626.675.41$3,681
Mar 200331,71731.146.10$10,560
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200201426.914.85$68
Nov 2002016324.664.14$674
Oct 2002038326.464.23$1,620
Sep 2002048727.443.64$1,770
Aug 2002075025.963.16$2,373
Jul 2002197624.583.06$3,013
Jun 200201,30723.733.34$4,363
May 200211,14424.663.58$4,125
Apr 200211,76923.653.51$6,237
Mar 2002154822.003.10$1,722
Feb 2002785418.222.38$2,156
Jan 20020017.172.38$0
Dec 2001311,29416.932.36$3,584
Nov 200101,19618.072.41$2,877
Oct 200102,84719.782.53$7,200
Sep 2001011624.262.25$261
Aug 200101,43024.873.05$4,366
Jul 2001014623.933.20$467
Jun 200101,12524.563.82$4,302
May 200101,49325.524.31$6,431
Apr 200101,38524.685.34$7,389
Mar 200101,53424.545.38$8,247
Feb 200101,45327.755.77$8,380
Jan 200101,49627.478.40$12,565
Dec 200001,51526.889.12$13,821
Nov 200001,57032.215.66$8,883
Oct 200001,39631.235.15$7,183
Sep 200001,23531.875.19$6,405
Aug 200001,39229.644.54$6,321
Jul 200001,35228.534.09$5,529
Jun 200001,47829.304.40$6,499
May 200001,55927.263.68$5,737
Apr 200001,46924.513.12$4,577
Mar 200001,47428.422.86$4,215
Feb 200001,42027.622.73$3,872
Jan 200001,51925.272.48$3,768
Dec 199901,48824.282.42$3,607
Nov 199901,48823.192.43$3,622
Oct 199911,68420.982.80$4,742
Sep 199902,19221.752.62$5,741
Aug 1999263919.262.88$1,876
Jul 199911,68917.892.37$4,025
Jun 199901,64315.942.36$3,881
May 1999391,65315.792.32$4,452
Apr 199901,65215.102.21$3,648
Mar 199901,50112.471.84$2,759
Feb 199906639.981.82$1,205
Jan 199941,59510.381.90$3,072
Dec 199801,7729.201.77$3,142
Nov 199801,77210.892.19$3,873
Oct 199801,95512.421.97$3,850
Sep 199801,95512.592.08$4,072
Aug 199801,69811.301.91$3,239
Jul 199801,99411.742.24$4,461
Jun 199802,26311.242.24$5,063
May 199802,65312.622.21$5,853
Apr 199802,16913.042.51$5,434
Mar 199802,26812.802.31$5,238
Feb 199801,70213.952.30$3,913
Jan 199801,72214.702.15$3,711
Dec 199701,72116.322.41$4,150
Nov 199702,22018.193.09$6,856
Oct 199702,12719.253.15$6,700
Sep 199701,97117.742.95$5,824
Aug 199702,04917.862.55$5,235
Jul 199702,40417.582.25$5,402
Jun 199702,90117.242.26$6,548
May 199713,20118.972.31$7,408
Apr 199702,81417.882.08$5,861
Mar 199733,01418.951.94$5,901
Feb 199722,89820.492.21$6,434
Jan 199703,37823.483.54$11,957
Dec 199613,57523.32$23
Nov 199633,74221.97$66
Oct 1996914,30323.31$2,121
Sep 199624,18522.22$44
Aug 199624,34120.26$41
Jul 199604,72219.55$0
Jun 199604,39518.73$0
May 199604,97719.43$0
Apr 199634,91121.51$65
Mar 199605,96419.38$0
Feb 1996306,23916.98$509
Jan 1996187,96017.07$307
Dec 199537,56417.19$52
Nov 199557,66816.00$80
Oct 1995188,15115.43$278
Sep 199511912,58616.18$1,925
Aug 1995522,49115.92$80
Jul 1995533,88815.24$76

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.

Jul 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $102.52 =         $0
Gas                  477 Mcf  × $  3.72 =     $1,773

────────────────────────────────────────────────────
Month total                                   $1,773

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/154702 is the state's own key, not one this site invented.