HUBBARD GAS UNIT #1

Name: HUBBARD GAS UNIT #1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 106716District 06Field 66461275NGPA filingCondensateGasSave Export

Value, all time

$1.9 M

Jan 1993 – Nov 2013

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

251

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) field

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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered

1976-11-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,198 bbl	$75,790
Gas	Production	854,756 Mcf	$1,855,707
Total			$1,931,497

390,723 Mcf of this lease's gas, across 48 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 32.2520, -94.8719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25202, -94.87187 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,886 ft

1 wells filed one

Completion to plug

30.3 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 10,886 ft.

Completions filed

Jul 1983

1 of 1 wells

Plug dates filed

Nov 2013

1 of 1 wells

Last completion to plug: a median of 30.3 years across the 1 well that filed both dates, with the middle half between 30.3 years and 30.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40131540	1	10,886 ft	Jul 1983	Nov 2013	Yes

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 (251)

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

251 months


Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	204	97.42	3.78	$771
Sep 2013	0	657	104.11	3.72	$2,443
Aug 2013	0	605	104.25	3.52	$2,131
Jul 2013	0	581	102.52	3.72	$2,160
Jun 2013	0	449	94.40	3.93	$1,766
May 2013	0	892	94.83	4.15	$3,701
Apr 2013	0	805	93.96	4.28	$3,447
Mar 2013	0	758	93.62	3.91	$2,966
Feb 2013	0	616	91.23	3.42	$2,107
Jan 2013	0	640	91.60	3.42	$2,189
Dec 2012	0	597	86.77	3.42	$2,042
Nov 2012	0	552	86.95	3.62	$2,001
Oct 2012	0	483	89.38	3.40	$1,642
Sep 2012	0	430	94.67	2.92	$1,255
Aug 2012	0	289	92.66	2.91	$840
Jul 2012	0	700	85.13	3.02	$2,115
Jun 2012	0	598	79.82	2.52	$1,506
May 2012	0	630	91.61	2.49	$1,568
Apr 2012	0	549	101.65	2.00	$1,096
Mar 2012	0	350	105.05	2.22	$778
Feb 2012	3	228	101.10	2.57	$889
Jan 2012	0	325	98.09	2.73	$889
Dec 2011	0	442	96.87	3.24	$1,432
Nov 2011	18	387	95.72	3.31	$3,004
Oct 2011	0	345	84.98	3.65	$1,259
Sep 2011	4	339	83.62	3.99	$1,686
Aug 2011	0	412	83.40	4.15	$1,710
Jul 2011	0	295	94.14	4.52	$1,333
Jun 2011	0	307	92.90	4.64	$1,424
May 2011	12	464	98.13	4.40	$3,221
Apr 2011	0	444	105.96	4.33	$1,924
Mar 2011	16	393	96.36	4.06	$3,136
Feb 2011	0	240	85.64	4.18	$1,003
Jan 2011	0	375	86.50	4.59	$1,721
Dec 2010	0	240	85.73	4.35	$1,043
Nov 2010	0	196	80.84	3.80	$744
Oct 2010	0	208	78.10	3.51	$730
Sep 2010	0	205	72.63	3.98	$816
Aug 2010	12	215	73.68	4.42	$1,834
Jul 2010	0	285	72.55	4.74	$1,350
Jun 2010	0	251	70.36	4.91	$1,233
May 2010	37	203	71.12	4.24	$3,491
Apr 2010	46	237	81.69	4.12	$4,735
Mar 2010	31	229	78.39	4.39	$3,435
Feb 2010	0	230	73.58	5.44	$1,252
Jan 2010	0	289	74.36	5.96	$1,724
Dec 2009	0	55	71.44	5.48	$302
Nov 2009	0	82	74.59	3.75	$308
Oct 2009	0	46	72.54	4.11	$189
Sep 2009	0	207	65.54	3.06	$634
Aug 2009	0	30	67.42	3.22	$97
Jul 2009	0	63	61.13	3.46	$218
Jun 2009	0	162	66.16	3.90	$631
May 2009	0	106	54.74	3.93	$416
Apr 2009	0	23	46.77	3.59	$83
Mar 2009	0	72	42.14	4.06	$292
Feb 2009	0	424	32.81	4.63	$1,964
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	3	37.10	5.98	$18
Nov 2008	0	108	55.49	6.86	$741
Oct 2008	0	480	75.24	6.92	$3,323
Sep 2008	0	303	101.76	7.88	$2,387
Aug 2008	0	204	114.22	8.48	$1,731
Jul 2008	0	145	131.08	11.39	$1,651
Jun 2008	0	552	131.33	13.03	$7,194
May 2008	0	25	123.17	11.57	$289
Apr 2008	0	1,569	110.31	10.45	$16,404
Mar 2008	7	2,335	101.90	9.66	$23,279
Feb 2008	32	2,389	92.53	8.77	$23,914
Jan 2008	63	1,447	90.38	8.21	$17,568
Dec 2007	33	1,339	88.33	7.30	$12,692
Nov 2007	0	493	91.67	7.29	$3,595
Oct 2007	0	1,818	82.85	6.92	$12,584
Sep 2007	0	792	75.84	6.24	$4,945
Aug 2007	0	1,141	69.06	6.39	$7,289
Jul 2007	0	1,867	70.90	6.39	$11,926
Jun 2007	0	2,610	62.00	7.55	$19,701
May 2007	0	3,115	58.74	7.85	$24,441
Apr 2007	0	2,356	59.61	7.81	$18,389
Mar 2007	0	2,404	56.92	7.30	$17,554
Feb 2007	0	2,144	55.10	8.22	$17,615
Jan 2007	0	1,575	50.30	6.73	$10,595
Dec 2006	0	2,109	56.65	6.92	$14,591
Nov 2006	0	2,262	54.20	7.62	$17,231
Oct 2006	0	2,589	54.90	6.01	$15,570
Sep 2006	0	2,071	60.08	5.04	$10,432
Aug 2006	0	2,146	68.71	7.34	$15,751
Jul 2006	0	2,178	69.37	6.34	$13,815
Jun 2006	0	2,063	66.28	6.38	$13,170
May 2006	0	1,975	66.01	6.42	$12,689
Apr 2006	0	2,424	64.39	7.36	$17,842
Mar 2006	0	2,589	56.70	7.08	$18,338
Feb 2006	0	2,390	57.59	7.75	$18,525
Jan 2006	0	3,030	60.59	8.93	$27,068
Dec 2005	0	2,672	54.94	13.42	$35,846
Nov 2005	0	2,628	54.69	10.59	$27,826
Oct 2005	0	3,498	58.34	13.80	$48,258
Sep 2005	0	3,015	61.45	12.08	$36,418
Aug 2005	0	3,463	61.51	9.80	$33,926
Jul 2005	0	2,798	55.69	7.84	$21,947
Jun 2005	0	2,985	52.33	7.38	$22,032
May 2005	0	2,823	45.22	6.65	$18,776
Apr 2005	0	3,150	49.20	7.36	$23,186
Mar 2005	0	2,904	50.37	7.15	$20,778
Feb 2005	0	2,303	45.22	6.31	$14,536
Jan 2005	0	3,096	43.16	6.32	$19,574
Dec 2004	0	3,328	39.86	6.75	$22,468
Nov 2004	0	4,095	45.28	6.33	$25,923
Oct 2004	0	3,476	49.70	6.52	$22,646
Sep 2004	0	2,657	43.24	5.28	$14,039
Aug 2004	0	4,107	42.37	5.55	$22,797
Jul 2004	0	4,791	38.28	6.08	$29,149
Jun 2004	0	3,090	36.10	6.43	$19,878
May 2004	0	2,954	37.48	6.49	$19,185
Apr 2004	0	9,981	34.47	5.86	$58,473
Mar 2004	0	3,467	34.36	5.53	$19,173
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	2	0	17.17	2.38	$34
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	5	394	19.78	2.53	$1,095
Sep 2001	0	810	24.26	2.25	$1,824
Aug 2001	0	925	24.87	3.05	$2,824
Jul 2001	0	855	23.93	3.20	$2,734
Jun 2001	12	849	24.56	3.82	$3,541
May 2001	0	1,289	25.52	4.31	$5,552
Apr 2001	0	1,321	24.68	5.34	$7,048
Mar 2001	0	844	24.54	5.38	$4,538
Feb 2001	0	721	27.75	5.77	$4,158
Jan 2001	0	899	27.47	8.40	$7,550
Dec 2000	0	962	26.88	9.12	$8,776
Nov 2000	44	983	32.21	5.66	$6,979
Oct 2000	0	1,037	31.23	5.15	$5,336
Sep 2000	0	1,113	31.87	5.19	$5,773
Aug 2000	0	1,206	29.64	4.54	$5,476
Jul 2000	0	1,223	28.53	4.09	$5,002
Jun 2000	0	1,244	29.30	4.40	$5,470
May 2000	0	1,420	27.26	3.68	$5,225
Apr 2000	101	1,514	24.51	3.12	$7,193
Mar 2000	0	1,623	28.42	2.86	$4,641
Feb 2000	0	1,512	27.62	2.73	$4,122
Jan 2000	0	1,737	25.27	2.48	$4,309
Dec 1999	89	2,168	24.28	2.42	$7,416
Nov 1999	0	2,405	23.19	2.43	$5,854
Oct 1999	0	2,607	20.98	2.80	$7,309
Sep 1999	0	3,297	21.75	2.62	$8,634
Aug 1999	40	4,613	19.26	2.88	$14,036
Jul 1999	1	4,788	17.89	2.37	$11,377
Jun 1999	0	4,263	15.94	2.36	$10,070
May 1999	35	5,054	15.79	2.32	$12,283
Apr 1999	0	4,655	15.10	2.21	$10,278
Mar 1999	0	4,872	12.47	1.84	$8,956
Feb 1999	132	3,367	9.98	1.82	$7,438
Jan 1999	0	6,201	10.38	1.90	$11,782
Dec 1998	156	4,776	9.20	1.77	$9,905
Nov 1998	0	6,005	10.89	2.19	$13,125
Oct 1998	111	7,633	12.42	1.97	$16,410
Sep 1998	0	6,250	12.59	2.08	$13,016
Aug 1998	0	6,661	11.30	1.91	$12,705
Jul 1998	2	4,789	11.74	2.24	$10,738
Jun 1998	0	4,605	11.24	2.24	$10,303
May 1998	3	7,666	12.62	2.21	$16,952
Apr 1998	0	7,359	13.04	2.51	$18,437
Mar 1998	16	5,776	12.80	2.31	$13,544
Feb 1998	83	5,837	13.95	2.30	$14,578
Jan 1998	79	6,292	14.70	2.15	$14,719
Dec 1997	0	6,661	16.32	2.41	$16,060
Nov 1997	173	7,395	18.19	3.09	$25,985
Oct 1997	0	7,145	19.25	3.15	$22,505
Sep 1997	73	6,189	17.74	2.95	$19,583
Aug 1997	49	15,618	17.86	2.55	$40,775
Jul 1997	42	17,376	17.58	2.25	$39,781
Jun 1997	0	17,339	17.24	2.26	$39,138
May 1997	80	18,895	18.97	2.31	$45,137
Apr 1997	41	16,827	17.88	2.08	$35,780
Mar 1997	37	20,407	18.95	1.94	$40,273
Feb 1997	35	19,262	20.49	2.21	$43,207
Jan 1997	21	7,739	23.48	3.54	$27,887
Dec 1996	20	10,460	23.32	—	$466
Nov 1996	14	10,189	21.97	—	$308
Oct 1996	28	7,226	23.31	—	$653
Sep 1996	17	5,770	22.22	—	$378
Aug 1996	17	4,946	20.26	—	$344
Jul 1996	17	3,433	19.55	—	$332
Jun 1996	14	4,281	18.73	—	$262
May 1996	14	5,869	19.43	—	$272
Apr 1996	27	5,547	21.51	—	$581
Mar 1996	34	8,159	19.38	—	$659
Feb 1996	17	8,401	16.98	—	$289
Jan 1996	17	8,255	17.07	—	$290
Dec 1995	32	9,030	17.19	—	$550
Nov 1995	34	8,557	16.00	—	$544
Oct 1995	15	9,441	15.43	—	$231
Sep 1995	14	8,223	16.18	—	$227
Aug 1995	27	9,346	15.92	—	$430
Jul 1995	31	10,167	15.24	—	$472
Jun 1995	0	9,003	16.41	—	$0
May 1995	30	9,935	17.56	—	$527
Apr 1995	16	10,322	17.73	—	$284
Mar 1995	30	10,247	16.44	—	$493
Feb 1995	28	10,108	16.58	—	$464
Jan 1995	28	10,167	15.92	—	$446
Dec 1994	28	11,288	15.03	—	$421
Nov 1994	27	10,481	15.90	—	$429
Oct 1994	29	11,270	15.58	—	$452
Sep 1994	32	11,588	15.29	—	$489
Aug 1994	30	12,896	16.13	—	$484
Jul 1994	24	8,912	17.56	—	$421
Jun 1994	25	9,137	17.09	—	$427
May 1994	12	10,357	15.88	—	$191
Apr 1994	23	9,952	14.14	—	$325
Mar 1994	12	11,977	12.46	—	$150
Feb 1994	29	10,083	12.50	—	$363
Jan 1994	33	16,247	12.66	—	$418
Dec 1993	32	12,105	12.33	—	$395
Nov 1993	33	3,083	14.49	—	$478
Oct 1993	50	3,078	15.85	—	$793
Sep 1993	31	3,132	15.03	—	$466
Aug 1993	39	3,499	15.66	—	$611
Jul 1993	45	3,782	15.46	—	$696
Jun 1993	50	3,927	16.79	—	$840
May 1993	65	4,377	17.68	—	$1,149
Apr 1993	51	5,143	18.05	—	$921
Mar 1993	66	5,492	18.14	—	$1,197
Feb 1993	68	5,075	17.90	—	$1,217
Jan 1993	67	6,760	16.93	—	$1,134

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.

Oct 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 97.42 =         $0
Gas                  204 Mcf  × $  3.78 =       $771

────────────────────────────────────────────────────
Month total                                     $771

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. 06/G/106716 is the state's own key, not one this site invented.