HUBBERD TRUST

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LIZ (LOBO 6) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221759District 04Field 541943002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Apr 2006 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
242
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1979-04-09
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: ALLOCATION FORMULA EFFECTIVE 01/01/2007.

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 Gas112008-05-30183208
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
CondensateDisposition83 bbl$7,028
GasProduction208,924 Mcf$1,252,894
Total$1,259,922

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 27.3536, -99.3246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35356, -99.32455 · 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
9,335 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 9,335 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-4793941559,335 ftApr 2006

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 (242)

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

242 months

May 2026047106.413.05$143
Apr 202603398.932.87$95
Mar 2026012789.753.15$400
Feb 202606863.503.75$255
Jan 202608159.138.00$648
Dec 202502656.664.41$115
Nov 2025010958.593.93$428
Oct 2025014159.383.30$466
Sep 202515362.743.08$226
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 202507670.884.34$330
Jan 2025013974.324.28$595
Dec 2024014968.993.12$465
Nov 202404469.052.20$97
Oct 202405671.372.28$128
Sep 202409769.612.36$229
Aug 202407775.632.06$159
Jul 202418579.932.15$262
Jun 202409878.082.63$258
May 202409478.812.20$207
Apr 2024013584.451.66$224
Mar 2024015180.301.55$233
Feb 2024010976.091.78$194
Jan 202407373.023.30$241
Dec 202306571.262.61$170
Nov 2023017577.892.81$491
Oct 2023020185.443.09$621
Sep 2023011989.042.74$325
Aug 202307580.522.67$200
Jul 2023013674.852.64$359
Jun 2023014168.962.26$318
May 2023010970.622.23$243
Apr 2023014378.122.24$320
Mar 2023014972.852.39$357
Feb 2023012975.112.47$318
Jan 2023010576.533.39$356
Dec 2022113676.415.73$856
Nov 2022013385.005.65$751
Oct 2022013087.185.86$762
Sep 2022013084.888.16$1,061
Aug 2022014094.529.13$1,278
Jul 20220149101.587.54$1,124
Jun 20220147115.097.98$1,173
May 20220149109.378.43$1,257
Apr 20220141104.226.84$964
Mar 20220131108.885.08$665
Feb 2022011891.054.86$573
Jan 2022013881.844.54$626
Dec 2021014471.323.90$561
Nov 2021013777.435.24$717
Oct 2021014479.795.71$823
Sep 2021013269.865.35$706
Aug 2021013466.024.22$566
Jul 2021014470.783.98$573
Jun 2021019969.493.38$673
May 2021020463.483.02$616
Apr 2021019860.362.76$546
Mar 2021019361.302.72$524
Feb 2021017857.805.55$988
Jan 2021020250.412.81$568
Dec 2020020844.642.68$557
Nov 2020020138.772.71$544
Oct 2020120336.972.48$540
Sep 2020020737.091.99$412
Aug 2020020939.982.39$498
Jul 2020019838.371.83$361
Jun 2020020834.901.69$352
May 2020021816.921.81$396
Apr 2020019914.751.80$359
Mar 2020020030.341.86$371
Feb 2020020549.881.98$406
Jan 2020021457.252.09$448
Dec 2019019659.012.30$452
Nov 2019019655.302.75$539
Oct 2019019653.472.42$474
Sep 2019019555.052.66$518
Aug 2019019953.112.30$459
Jul 2019021956.272.46$539
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 2014052498.164.74$2,482
May 201401,71894.734.73$8,120
Apr 201401,22395.944.81$5,882
Mar 2014069495.895.06$3,509
Feb 20140097.406.19$0
Jan 2014055990.404.86$2,717
Dec 2013079691.824.35$3,466
Nov 2013151,02788.853.74$5,172
Oct 2013090297.423.78$3,409
Sep 20130955104.113.72$3,550
Aug 201301,112104.253.52$3,917
Jul 201301,140102.523.72$4,238
Jun 201301,05094.403.93$4,130
May 201301,10594.834.15$4,585
Apr 2013094893.964.28$4,060
Mar 2013091993.623.91$3,596
Feb 201301,08591.233.42$3,711
Jan 201301,21891.603.42$4,165
Dec 201201,23486.773.42$4,220
Nov 201201,14586.953.62$4,151
Oct 201201,16289.383.40$3,950
Sep 201201,23494.672.92$3,601
Aug 201201,25492.662.91$3,647
Jul 201201,23585.133.02$3,731
Jun 201201,12079.822.52$2,821
May 201201,24791.612.49$3,103
Apr 20120676101.652.00$1,350
Mar 20120608105.052.22$1,351
Feb 20120743101.102.57$1,910
Jan 2012080298.092.73$2,193
Dec 201101,10996.873.24$3,593
Nov 2011078995.723.31$2,613
Oct 20116472684.983.65$8,088
Sep 2011065183.623.99$2,595
Aug 2011071983.404.15$2,983
Jul 2011075194.144.52$3,392
Jun 2011086092.904.64$3,990
May 2011085698.134.40$3,771
Apr 20110959105.964.33$4,156
Mar 2011086296.364.06$3,497
Feb 2011086185.644.18$3,599
Jan 2011092786.504.59$4,254
Dec 2010090185.734.35$3,917
Nov 201001,00880.843.80$3,826
Oct 2010093278.103.51$3,270
Sep 2010072272.633.98$2,873
Aug 2010090773.684.42$4,008
Jul 2010087772.554.74$4,154
Jun 2010088470.364.91$4,341
May 201001,00971.124.24$4,273
Apr 2010086781.694.12$3,574
Mar 201001,06678.394.39$4,678
Feb 201001,11673.585.44$6,074
Jan 201001,41074.365.96$8,409
Dec 200901,28071.445.48$7,019
Nov 200901,12474.593.75$4,217
Oct 200901,29572.544.11$5,323
Sep 200901,30565.543.06$4,000
Aug 200901,41267.423.22$4,545
Jul 200901,24861.133.46$4,324
Jun 200901,33266.163.90$5,188
May 200901,12154.743.93$4,401
Apr 200901,46246.773.59$5,245
Mar 200901,83442.144.06$7,444
Feb 200901,04732.814.63$4,851
Jan 200901,62235.865.37$8,712
Dec 200801,68737.105.98$10,083
Nov 200802,13355.496.86$14,633
Oct 200801,59375.246.92$11,027
Sep 200801,969101.767.88$15,510
Aug 200801,345114.228.48$11,410
Jul 200802,495131.0811.39$28,417
Jun 200801,863131.3313.03$24,280
May 200801,714123.1711.57$19,838
Apr 200802,140110.3110.45$22,373
Mar 200801,665101.909.66$16,091
Feb 200802,35992.538.77$20,690
Jan 200802,53790.388.21$20,818
Dec 200702,03188.337.30$14,830
Nov 200702,76491.677.29$20,154
Oct 200702,77182.856.92$19,181
Sep 200702,76875.846.24$17,284
Aug 200702,85569.066.39$18,238
Jul 200702,53070.906.39$16,161
Jun 200702,92662.007.55$22,087
May 200703,15158.747.85$24,724
Apr 200703,60659.617.81$28,146
Mar 200703,99456.927.30$29,164
Feb 200703,73555.108.22$30,687
Jan 200704,68350.306.73$31,502
Dec 200604,82156.656.92$33,354
Nov 200605,25754.207.62$40,045
Oct 200605,09654.906.01$30,646
Sep 200606,37860.085.04$32,127
Aug 200608,14968.717.34$59,813
Jul 2006011,40569.376.34$72,339
Jun 2006013,64966.286.38$87,134
May 2006015666.016.42$1,002
Apr 2006014,47664.397.36$106,550

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                   47 Mcf  × $  3.05 =       $143

────────────────────────────────────────────────────
Month total                                     $143

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/221759 is the state's own key, not one this site invented.