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 224997District 04Field 431182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jan 2006 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
245
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 Gas112007-03-22171541
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
CondensateDisposition670 bbl$47,851
GasProduction941,961 Mcf$5,219,977
Total$5,267,828

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 27.3533, -99.3304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35329, -99.33042 · 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
9,300 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 9,300 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-4793937249,300 ftJan 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 (245)

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

245 months

May 20260992106.413.05$3,021
Apr 2026099298.932.87$2,847
Mar 202601,10589.753.15$3,480
Feb 202601,02063.503.75$3,825
Jan 202601,14459.138.00$9,150
Dec 202501,00856.664.41$4,449
Nov 202501,13558.593.93$4,457
Oct 202501,19759.383.30$3,956
Sep 202531,14962.743.08$3,724
Aug 202501,13863.933.01$3,431
Jul 202501,15366.743.32$3,822
Jun 202501,26766.483.13$3,964
May 202501,25060.553.23$4,040
Apr 202501,16062.363.54$4,110
Mar 202501,23467.704.27$5,267
Feb 202501,07770.884.34$4,675
Jan 202501,15374.324.28$4,933
Dec 202401,17868.993.12$3,677
Nov 202401,17069.052.20$2,572
Oct 202401,21671.372.28$2,774
Sep 202401,07969.612.36$2,551
Aug 202401,10375.632.06$2,276
Jul 202441,07679.932.15$2,629
Jun 2024097878.082.63$2,576
May 202401,10978.812.20$2,438
Apr 202401,05484.451.66$1,749
Mar 202401,04180.301.55$1,608
Feb 202401,03776.091.78$1,850
Jan 202401,06373.023.30$3,505
Dec 2023097771.262.61$2,551
Nov 202301,17677.892.81$3,302
Oct 202301,24085.443.09$3,828
Sep 202301,29189.042.74$3,531
Aug 202301,31280.522.67$3,507
Jul 202301,34474.852.64$3,551
Jun 202321,30668.962.26$3,087
May 202301,25270.622.23$2,789
Apr 202301,26978.122.24$2,840
Mar 202301,34272.852.39$3,212
Feb 202301,18675.112.47$2,924
Jan 202301,27876.533.39$4,330
Dec 202281,25976.415.73$7,824
Nov 202201,22985.005.65$6,939
Oct 202201,29687.185.86$7,599
Sep 202201,17184.888.16$9,560
Aug 202201,26594.529.13$11,546
Jul 202201,388101.587.54$10,468
Jun 202201,342115.097.98$10,705
May 202201,086109.378.43$9,158
Apr 202201,209104.226.84$8,267
Mar 202201,313108.885.08$6,665
Feb 202201,22091.054.86$5,928
Jan 2022097281.844.54$4,411
Dec 202101,30171.323.90$5,073
Nov 202101,27477.435.24$6,672
Oct 202101,31279.795.71$7,497
Sep 202101,16769.865.35$6,245
Aug 202101,45266.024.22$6,128
Jul 202101,24070.783.98$4,938
Jun 202101,41269.493.38$4,773
May 202101,88463.483.02$5,685
Apr 202101,66260.362.76$4,584
Mar 202101,94261.302.72$5,276
Feb 202101,70457.805.55$9,454
Jan 202102,26250.412.81$6,357
Dec 202002,33144.642.68$6,237
Nov 202002,18038.772.71$5,900
Oct 202042,22536.972.48$5,662
Sep 202002,24637.091.99$4,472
Aug 202002,35239.982.39$5,610
Jul 202002,10438.371.83$3,840
Jun 202002,31834.901.69$3,918
May 202001,78016.921.81$3,230
Apr 202001,91014.751.80$3,446
Mar 202001,95630.341.86$3,631
Feb 202002,15249.881.98$4,262
Jan 202002,30457.252.09$4,826
Dec 201902,34759.012.30$5,408
Nov 201902,31855.302.75$6,376
Oct 201902,28753.472.42$5,531
Sep 201902,21355.052.66$5,881
Aug 201902,30353.112.30$5,307
Jul 201902,34056.272.46$5,757
Jun 201902,58452.782.49$6,437
May 201902,52258.482.74$6,911
Apr 201902,74562.632.75$7,551
Mar 201903,30356.803.06$10,114
Feb 201901,62550.852.79$4,537
Jan 201902,44346.033.23$7,886
Dec 201801,16946.594.19$4,893
Nov 201801,51452.934.24$6,415
Oct 201801,60661.443.40$5,457
Sep 201801,42959.543.11$4,441
Aug 201801,87659.403.07$5,753
Jul 201801,76565.142.93$5,175
Jun 201801,55260.183.08$4,775
May 201801,35265.382.90$3,922
Apr 201801,36863.842.90$3,968
Mar 201801,59861.222.79$4,453
Feb 201801,29461.782.77$3,579
Jan 201801,51262.874.01$6,062
Dec 201701,51857.272.92$4,435
Nov 201701,33955.423.12$4,175
Oct 201701,52649.292.98$4,553
Sep 201701,29147.523.09$3,986
Aug 201701,67945.373.00$5,044
Jul 201701,22043.873.09$3,766
Jun 201701,36242.493.09$4,205
May 201701,10945.373.26$3,619
Apr 201701,24047.933.21$3,982
Mar 201701,34546.772.98$4,013
Feb 201701,35750.452.95$4,007
Jan 201701,52349.413.42$5,207
Dec 201601,56048.763.72$5,808
Nov 2016111,64742.492.64$4,823
Oct 201601,02046.193.09$3,152
Sep 201691,35941.553.10$4,588
Aug 201601,52341.442.92$4,454
Jul 2016121,52341.622.92$4,953
Jun 201601,58045.352.69$4,244
May 201601,65442.521.99$3,293
Apr 201601,64436.561.99$3,273
Mar 2016101,72733.011.79$3,428
Feb 201601,57726.472.06$3,254
Jan 201691,80027.352.36$4,502
Dec 201501,83532.362.00$3,673
Nov 201501,81038.792.17$3,923
Oct 201501,86443.552.43$4,523
Sep 201501,78742.992.76$4,929
Aug 201503,00940.162.87$8,643
Jul 201503,50848.152.95$10,331
Jun 201503,44656.152.88$9,934
May 201502,63555.212.96$7,788
Apr 201502,23649.822.71$6,052
Mar 201502,42242.892.93$7,108
Feb 201501,75244.662.98$5,214
Jan 201502,06143.433.10$6,390
Dec 201401,73554.693.59$6,231
Nov 201401,91270.464.25$8,130
Oct 201401,77978.303.90$6,940
Sep 201401,92986.164.05$7,804
Aug 201402,09989.394.04$8,470
Jul 201402,21696.564.18$9,262
Jun 201412,41098.164.74$11,514
May 201403,81494.734.73$18,027
Apr 201442,69995.944.81$13,364
Mar 201402,45995.895.06$12,435
Feb 2014013,65697.406.19$84,558
Jan 201402,64490.404.86$12,852
Dec 201302,65191.824.35$11,544
Nov 2013452,44288.853.74$13,127
Oct 201302,64697.423.78$10,000
Sep 201302,503104.113.72$9,306
Aug 201302,613104.253.52$9,205
Jul 201302,707102.523.72$10,064
Jun 201302,64094.403.93$10,384
May 201302,70694.834.15$11,227
Apr 201302,68193.964.28$11,482
Mar 201302,54393.623.91$9,950
Feb 201302,53491.233.42$8,666
Jan 201302,88591.603.42$9,866
Dec 201202,92086.773.42$9,987
Nov 201203,06486.953.62$11,107
Oct 201202,87289.383.40$9,764
Sep 201202,90894.672.92$8,487
Aug 201203,02192.662.91$8,786
Jul 201203,11685.133.02$9,413
Jun 201202,97879.822.52$7,502
May 201203,04191.612.49$7,567
Apr 201203,047101.652.00$6,084
Mar 201203,001105.052.22$6,668
Feb 201202,939101.102.57$7,554
Jan 201203,01498.092.73$8,241
Dec 201102,68096.873.24$8,683
Nov 201102,27095.723.31$7,517
Oct 201102,93284.983.65$10,698
Sep 201102,80983.623.99$11,196
Aug 201103,03783.404.15$12,601
Jul 201103,24394.144.52$14,649
Jun 201103,28792.904.64$15,251
May 201103,40898.134.40$15,012
Apr 2011763,651105.964.33$23,874
Mar 201103,55396.364.06$14,416
Feb 201103,24485.644.18$13,560
Jan 201103,69086.504.59$16,933
Dec 201003,71685.734.35$16,156
Nov 201003,71880.843.80$14,111
Oct 201003,74578.103.51$13,141
Sep 201003,72772.633.98$14,831
Aug 201004,02373.684.42$17,779
Jul 201004,04372.554.74$19,150
Jun 201004,06970.364.91$19,980
May 201004,16371.124.24$17,631
Apr 201004,04681.694.12$16,680
Mar 201004,08378.394.39$17,919
Feb 201003,89673.585.44$21,203
Jan 201004,48974.365.96$26,773
Dec 200904,54971.445.48$24,946
Nov 200904,45174.593.75$16,698
Oct 200904,65072.544.11$19,113
Sep 200904,57165.543.06$14,009
Aug 200904,60467.423.22$14,818
Jul 200904,94361.133.46$17,125
Jun 200904,76566.163.90$18,560
May 200904,99154.743.93$19,593
Apr 200905,08946.773.59$18,257
Mar 200905,20842.144.06$21,139
Feb 200904,15632.814.63$19,255
Jan 200904,92335.865.37$26,441
Dec 200804,74437.105.98$28,356
Nov 200806,67455.496.86$45,786
Oct 200806,40475.246.92$44,328
Sep 200805,560101.767.88$43,797
Aug 200806,014114.228.48$51,017
Jul 200806,758131.0811.39$76,970
Jun 200806,339131.3313.03$82,614
May 200806,470123.1711.57$74,886
Apr 200806,914110.3110.45$72,285
Mar 200807,287101.909.66$70,422
Feb 200807,58792.538.77$66,542
Jan 200808,03890.388.21$65,958
Dec 200707,01588.337.30$51,223
Nov 20071118,64191.677.29$73,183
Oct 200708,61482.856.92$59,626
Sep 200708,83275.846.24$55,148
Aug 200709,25769.066.39$59,133
Jul 200708,85470.906.39$56,559
Jun 200709,64862.007.55$72,827
May 2007010,46358.747.85$82,096
Apr 2007010,96059.617.81$85,545
Mar 2007011,56056.927.30$84,411
Feb 2007010,90855.108.22$89,620
Jan 2007013,10350.306.73$88,142
Dec 200618413,57256.656.92$104,321
Nov 2006014,15954.207.62$107,856
Oct 2006015,24854.906.01$91,698
Sep 2006016,39660.085.04$82,590
Aug 2006018,92068.717.34$138,871
Jul 2006020,94369.376.34$132,836
Jun 2006022,54066.286.38$143,893
May 2006027,16466.016.42$174,529
Apr 200617728,82464.397.36$223,556
Mar 2006039,14556.707.08$277,261
Feb 2006055,70957.597.75$431,807
Jan 200606,42760.598.93$57,414

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                  992 Mcf  × $  3.05 =     $3,021

────────────────────────────────────────────────────
Month total                                   $3,021

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/224997 is the state's own key, not one this site invented.