HUBBERD TRUST

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

Gas lease lease 164149District 04Field 431182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$184 k
Jul 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
347
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 76 leases and 76 wells, and the rule below applies to all of them.

Discovered
1993-04-17
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1993-05-24.

The Commission's schedule remark for this field reads: TEMPORARY FIELD RULES MADE PERMANENT PER DOCKET 04-0206439.

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 Gas112001-08-23144737
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
CondensateDisposition46 bbl$1,730
GasProduction38,076 Mcf$181,912
Total$183,642

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 27.3559, -99.3287. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35590, -99.32875 · 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
10,100 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 10,100 ft.

Completions filed
Jul 1997
1 of 1 wells

1 well

42-47936302310,100 ftJul 1997

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 (347)

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

347 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
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 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009028046.773.59$1,005
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090635.865.37$32
Dec 200802237.105.98$132
Nov 20080055.496.86$0
Oct 20080975.246.92$62
Sep 200800101.767.88$0
Aug 2008010114.228.48$85
Jul 200800131.0811.39$0
Jun 20080139131.3313.03$1,812
May 200800123.1711.57$0
Apr 20080135110.3110.45$1,411
Mar 200800101.909.66$0
Feb 2008013592.538.77$1,184
Jan 2008013190.388.21$1,075
Dec 20070088.337.30$0
Nov 2007013891.677.29$1,006
Oct 2007013182.856.92$907
Sep 2007013475.846.24$837
Aug 2007014369.066.39$913
Jul 2007013870.906.39$882
Jun 20070062.007.55$0
May 2007014358.747.85$1,122
Apr 2007012559.617.81$976
Mar 2007014256.927.30$1,037
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006015160.085.04$761
Aug 20060068.717.34$0
Jul 2006015369.376.34$970
Jun 2006016466.286.38$1,047
May 20060066.016.42$0
Apr 2006015164.397.36$1,111
Mar 2006036756.707.08$2,599
Feb 2006034457.597.75$2,666
Jan 2006041360.598.93$3,689
Dec 2005035054.9413.42$4,695
Nov 20052436854.6910.59$5,209
Oct 2005040158.3413.80$5,532
Sep 2005040161.4512.08$4,844
Aug 2005032861.519.80$3,213
Jul 2005035255.697.84$2,761
Jun 2005035552.337.38$2,620
May 2005041645.226.65$2,767
Apr 2005048049.207.36$3,533
Mar 2005044750.377.15$3,198
Feb 2005040245.226.31$2,537
Jan 2005039743.166.32$2,510
Dec 2004030839.866.75$2,079
Nov 2004040945.286.33$2,589
Oct 2004029949.706.52$1,948
Sep 2004026743.245.28$1,411
Aug 2004035042.375.55$1,943
Jul 2004030338.286.08$1,844
Jun 2004025836.106.43$1,660
May 2004041237.486.49$2,676
Apr 2004041334.475.86$2,420
Mar 2004041434.365.53$2,289
Feb 2004035532.455.51$1,956
Jan 2004039432.036.30$2,482
Dec 2003043430.266.30$2,735
Nov 2003041728.804.60$1,916
Oct 2003045628.174.76$2,170
Sep 2003023126.314.75$1,097
Aug 2003025229.765.13$1,293
Jul 2003012829.415.17$662
Jun 2003027728.565.98$1,657
May 2003024126.595.97$1,439
Apr 2003023726.675.41$1,282
Mar 2003022631.146.10$1,378
Feb 2003015233.487.93$1,205
Jan 2003025230.315.58$1,407
Dec 2002025126.914.85$1,218
Nov 2002017524.664.14$724
Oct 2002020826.464.23$880
Sep 2002024227.443.64$880
Aug 2002038825.963.16$1,228
Jul 2002049224.583.06$1,506
Jun 2002022023.733.34$734
May 2002015024.663.58$538
Apr 2002035023.653.51$1,229
Mar 2002022422.003.10$695
Feb 2002025218.222.38$599
Jan 2002037317.172.38$886
Dec 2001048516.932.36$1,147
Nov 2001060518.072.41$1,455
Oct 2001070819.782.53$1,790
Sep 2001052024.262.25$1,171
Aug 2001062024.873.05$1,893
Jul 2001058423.933.20$1,867
Jun 2001061924.563.82$2,367
May 2001060825.524.31$2,619
Apr 200102,89924.685.34$15,467
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 2000010429.644.54$472
Jul 2000026228.534.09$1,072
Jun 2000015429.304.40$677
May 2000411127.263.68$517
Apr 2000011124.513.12$346
Mar 200005728.422.86$163
Feb 2000016927.622.73$461
Jan 2000023925.272.48$593
Dec 199906724.282.42$162
Nov 19990923.192.43$22
Oct 199908520.982.80$238
Sep 1999015821.752.62$414
Aug 1999023419.262.88$673
Jul 19991633217.892.37$1,074
Jun 1999028715.942.36$678
May 1999036415.792.32$845
Apr 1999021615.102.21$477
Mar 1999025712.471.84$472
Feb 199901989.981.82$360
Jan 1999021410.381.90$407
Dec 199803119.201.77$552
Nov 1998023210.892.19$507
Oct 1998034412.421.97$677
Sep 1998032812.592.08$683
Aug 1998242711.301.91$837
Jul 1998033711.742.24$754
Jun 1998035911.242.24$803
May 1998034312.622.21$757
Apr 1998036013.042.51$902
Mar 1998036212.802.31$836
Feb 1998032413.952.30$745
Jan 1998042914.702.15$924
Dec 1997044916.322.41$1,083
Nov 1997048818.193.09$1,507
Oct 1997059119.253.15$1,862
Sep 1997058817.742.95$1,737
Aug 1997072517.862.55$1,852
Jul 1997059217.582.25$1,330

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.

Apr 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                  280 Mcf  × $  3.59 =     $1,005

────────────────────────────────────────────────────
Month total                                   $1,005

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/164149 is the state's own key, not one this site invented.