HUBBARD GAS UNIT #1

Operated by FAULCONER ENERGY, LLC (P-5 263648) 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 142834District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
401
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111992-12-04126493
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
CondensateDisposition6,722 bbl$227,810
GasProduction2,439,839 Mcf$5,268,181
Total$5,495,990

1,061,305 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 32.2446, -94.8704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24459, -94.87037 · 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
10,975 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 10,975 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-40132402310,975 ftOct 1992

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 (401)

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

401 months

May 202621,601106.413.05$5,089
Apr 202651,77098.932.87$5,574
Mar 202621,79889.753.15$5,842
Feb 202622,12063.503.75$8,078
Jan 202632,22059.138.00$17,933
Dec 202502,35356.664.41$10,385
Nov 202502,12058.593.93$8,324
Oct 202511,93959.383.30$6,467
Sep 202501,76462.743.08$5,428
Aug 202501,89463.933.01$5,710
Jul 202502,03466.743.32$6,743
Jun 202501,25366.483.13$3,920
May 202501,24460.553.23$4,021
Apr 202501,26762.363.54$4,489
Mar 202501,86867.704.27$7,973
Feb 202501,78470.884.34$7,744
Jan 202501,64574.324.28$7,038
Dec 202401,88568.993.12$5,884
Nov 202402,03669.052.20$4,476
Oct 202401,14671.372.28$2,614
Sep 202401,96969.612.36$4,655
Aug 202401,69875.632.06$3,504
Jul 202401,12579.932.15$2,415
Jun 2024094278.082.63$2,481
May 202401,54578.812.20$3,397
Apr 202402,11184.451.66$3,503
Mar 202402,10580.301.55$3,253
Feb 202401,93876.091.78$3,457
Jan 202402,16473.023.30$7,136
Dec 202302,13271.262.61$5,566
Nov 202301,67377.892.81$4,697
Oct 202302,06885.443.09$6,385
Sep 202302,21789.042.74$6,064
Aug 202301,67080.522.67$4,464
Jul 202301,98674.852.64$5,247
Jun 2023073968.962.26$1,669
May 202302,32870.622.23$5,185
Apr 202301,98178.122.24$4,433
Mar 202302,73772.852.39$6,550
Feb 2023096775.112.47$2,384
Jan 202301,95076.533.39$6,606
Dec 202201,82876.415.73$10,473
Nov 202202,05385.005.65$11,592
Oct 202202,29787.185.86$13,469
Sep 202202,24584.888.16$18,327
Aug 202201,37094.529.13$12,504
Jul 202201,016101.587.54$7,663
Jun 202201,351115.097.98$10,777
May 202202,379109.378.43$20,062
Apr 202202,050104.226.84$14,017
Mar 20220655108.885.08$3,325
Feb 202202,20991.054.86$10,733
Jan 202202,16481.844.54$9,820
Dec 202102,11371.323.90$8,239
Nov 202102,14277.435.24$11,217
Oct 202102,30979.795.71$13,193
Sep 202102,17469.865.35$11,633
Aug 202102,08666.024.22$8,804
Jul 202102,46770.783.98$9,824
Jun 202102,37669.493.38$8,032
May 202102,30763.483.02$6,962
Apr 202101,63660.362.76$4,513
Mar 202102,43561.302.72$6,616
Feb 202102,03057.805.55$11,262
Jan 202102,30550.412.81$6,478
Dec 202002,35844.642.68$6,309
Nov 202002,00038.772.71$5,413
Oct 202002,43636.972.48$6,037
Sep 202002,29437.091.99$4,567
Aug 202002,40539.982.39$5,736
Jul 202002,51638.371.83$4,592
Jun 202002,30134.901.69$3,889
May 202002,57516.921.81$4,673
Apr 202002,56914.751.80$4,635
Mar 202002,42930.341.86$4,509
Feb 202002,23249.881.98$4,421
Jan 202002,47857.252.09$5,191
Dec 201902,52959.012.30$5,828
Nov 201902,18955.302.75$6,021
Oct 201902,48553.472.42$6,010
Sep 201902,46255.052.66$6,542
Aug 201902,50353.112.30$5,768
Jul 201902,46056.272.46$6,052
Jun 201902,54552.782.49$6,340
May 201902,62358.482.74$7,188
Apr 201902,46962.632.75$6,791
Mar 201902,93956.803.06$9,000
Feb 201903,35850.852.79$9,376
Jan 201902,78946.033.23$9,003
Dec 201802,08946.594.19$8,743
Nov 201802,15452.934.24$9,127
Oct 201801,90861.443.40$6,484
Sep 201801,84559.543.11$5,734
Aug 201802,11459.403.07$6,483
Jul 201801,96165.142.93$5,749
Jun 201802,02460.183.08$6,228
May 201802,21565.382.90$6,425
Apr 201801,90263.842.90$5,517
Mar 201802,53461.222.79$7,062
Feb 201802,61761.782.77$7,239
Jan 201802,43262.874.01$9,751
Dec 201702,16057.272.92$6,310
Nov 201702,36255.423.12$7,366
Oct 201702,39049.292.98$7,131
Sep 201702,41647.523.09$7,459
Aug 201702,00245.373.00$6,015
Jul 201702,28243.873.09$7,045
Jun 201702,44042.493.09$7,533
May 201702,86745.373.26$9,356
Apr 201702,70947.933.21$8,700
Mar 201702,23546.772.98$6,669
Feb 201702,13750.452.95$6,310
Jan 201702,09249.413.42$7,152
Dec 201602,72548.763.72$10,145
Nov 201602,46442.492.64$6,516
Oct 201602,71746.193.09$8,396
Sep 201602,54041.553.10$7,876
Aug 201602,86641.442.92$8,381
Jul 201603,19241.622.92$9,334
Jun 201603,66645.352.69$9,846
May 201603,63542.521.99$7,237
Apr 201603,65636.561.99$7,279
Mar 201603,49333.011.79$6,266
Feb 201602,91126.472.06$6,007
Jan 201603,80627.352.36$8,999
Dec 201504,26532.362.00$8,536
Nov 201503,62838.792.17$7,863
Oct 201503,40143.552.43$8,253
Sep 201503,18842.992.76$8,794
Aug 201503,25640.162.87$9,353
Jul 201503,31548.152.95$9,763
Jun 201503,53956.152.88$10,202
May 201514,39655.212.96$13,047
Apr 2015323,73549.822.71$11,703
Mar 2015232,97842.892.93$9,726
Feb 2015172,94444.662.98$9,521
Jan 2015233,22643.433.10$11,002
Dec 2014153,26254.693.59$12,535
Nov 2014153,01670.464.25$13,880
Oct 2014153,21878.303.90$13,728
Sep 2014153,49286.164.05$15,419
Aug 2014233,48189.394.04$16,102
Jul 201483,75796.564.18$16,475
Jun 2014163,62898.164.74$18,756
May 2014223,78794.734.73$19,984
Apr 2014153,64195.944.81$18,949
Mar 2014153,29595.895.06$18,101
Feb 2014313,51597.406.19$24,784
Jan 2014313,88490.404.86$21,681
Dec 2013153,81891.824.35$18,003
Nov 2013303,85588.853.74$17,077
Oct 2013223,80897.423.78$16,535
Sep 2013223,780104.113.72$16,343
Aug 2013234,119104.253.52$16,907
Jul 2013154,189102.523.72$17,111
Jun 2013154,08394.403.93$17,476
May 2013154,26894.834.15$19,131
Apr 2013264,04493.964.28$19,762
Mar 2013264,46393.623.91$19,897
Feb 2013173,16491.233.42$12,372
Jan 2013343,77891.603.42$16,035
Dec 2012263,42086.773.42$13,953
Nov 2012443,12586.953.62$15,154
Oct 2012443,18289.383.40$14,751
Sep 2012263,56094.672.92$12,851
Aug 2012513,34392.662.91$14,448
Jul 2012352,38185.133.02$10,172
Jun 2012352,12279.822.52$8,139
May 2012321,99691.612.49$7,898
Apr 2012341,815101.652.00$7,080
Mar 2012311,855105.052.22$7,379
Feb 201224960101.102.57$4,894
Jan 20121363898.092.73$3,020
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20114083.404.15$334
Jul 2011452,96494.144.52$17,625
Jun 2011534,55892.904.64$26,072
May 2011544,85998.134.40$26,702
Apr 201154,879105.964.33$21,672
Mar 201175,65496.364.06$23,615
Feb 201143,42685.644.18$14,663
Jan 201101,90986.504.59$8,760
Dec 201042,29085.734.35$10,299
Nov 201042,13080.843.80$8,407
Oct 201042,56578.103.51$9,313
Sep 201042,51672.633.98$10,303
Aug 201031,84873.684.42$8,388
Jul 201052,44472.554.74$11,939
Jun 201032,19870.364.91$11,004
May 201062,89671.124.24$12,692
Apr 201052,15381.694.12$9,285
Mar 201072,73178.394.39$12,534
Feb 201052,25873.585.44$12,657
Jan 201042,91774.365.96$17,695
Dec 200902,86471.445.48$15,705
Nov 200904,34074.593.75$16,282
Oct 200902,57172.544.11$10,567
Sep 200903,68865.543.06$11,303
Aug 200902,17367.423.22$6,994
Jul 200902,41761.133.46$8,374
Jun 200902,90366.163.90$11,307
May 200932,82154.743.93$11,239
Apr 2009152,61746.773.59$10,090
Mar 200993,27342.144.06$13,664
Feb 2009123,11432.814.63$14,821
Jan 2009112,41035.865.37$13,339
Dec 2008181,77337.105.98$11,265
Nov 200872,55055.496.86$17,882
Oct 2008112,38275.246.92$17,316
Sep 200862,170101.767.88$17,704
Aug 2008192,861114.228.48$26,440
Jul 2008262,675131.0811.39$33,875
Jun 2008282,726131.3313.03$39,204
May 2008363,190123.1711.57$41,356
Apr 2008211,981110.3110.45$23,028
Mar 2008282,172101.909.66$23,844
Feb 2008282,45192.538.77$24,088
Jan 2008363,18590.388.21$29,389
Dec 2007173,38188.337.30$26,190
Nov 200762,33891.677.29$17,598
Oct 200703,03082.856.92$20,974
Sep 200702,60675.846.24$16,272
Aug 200702,57469.066.39$16,443
Jul 200703,24070.906.39$20,697
Jun 200703,65962.007.55$27,620
May 200704,42458.747.85$34,712
Apr 200704,67759.617.81$36,505
Mar 200705,12756.927.30$37,437
Feb 200704,52455.108.22$37,169
Jan 200705,55150.306.73$37,341
Dec 200605,79556.656.92$40,092
Nov 200604,84554.207.62$36,907
Oct 200601,67854.906.01$10,091
Sep 20060360.085.04$15
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200502,83145.226.65$18,829
Apr 200503,72349.207.36$27,403
Mar 200504,50050.377.15$32,197
Feb 200503,80045.226.31$23,985
Jan 200504,27043.166.32$26,996
Dec 200404,81639.866.75$32,513
Nov 200404,48845.286.33$28,411
Oct 200404,60649.706.52$30,009
Sep 200404,24243.245.28$22,414
Aug 200404,78442.375.55$26,554
Jul 200404,85438.286.08$29,533
Jun 200405,56436.106.43$35,793
May 200405,90037.486.49$38,318
Apr 2004845,84434.475.86$37,132
Mar 200406,49534.365.53$35,918
Feb 200405,69832.455.51$31,394
Jan 200406,27132.036.30$39,505
Dec 200306,73930.266.30$42,467
Nov 200306,26728.804.60$28,798
Oct 200307,63228.174.76$36,326
Sep 2003627,52826.314.75$37,384
Aug 200306,78429.765.13$34,800
Jul 200306,03629.415.17$31,211
Jun 200307,07828.565.98$42,347
May 200307,82826.595.97$46,754
Apr 2003247,51726.675.41$41,287
Mar 200307,08631.146.10$43,197
Feb 200306,12033.487.93$48,506
Jan 2003156,59230.315.58$37,251
Dec 200206,67926.914.85$32,418
Nov 200207,43324.664.14$30,750
Oct 200206,42726.464.23$27,181
Sep 200205,47427.443.64$19,899
Aug 2002355,03525.963.16$16,840
Jul 200205,24824.583.06$16,068
Jun 200235,73923.733.34$19,229
May 200206,22024.663.58$22,292
Apr 2002366,61923.653.51$24,099
Mar 200207,46822.003.10$23,171
Feb 200206,42518.222.38$15,264
Jan 2002394,78217.172.38$12,030
Dec 200106,47016.932.36$15,298
Nov 200105,28618.072.41$12,716
Oct 2001886,64919.782.53$18,555
Sep 200104,74524.262.25$10,683
Aug 200105,28124.873.05$16,124
Jul 200105,33523.933.20$17,056
Jun 20011265,24924.563.82$23,168
May 200105,39525.524.31$23,238
Apr 200105,06824.685.34$27,039
Mar 200105,18924.545.38$27,898
Feb 200104,37227.755.77$25,214
Jan 200104,63327.478.40$38,911
Dec 200006,28626.889.12$57,344
Nov 2000705,69832.215.66$34,494
Oct 200004,63631.235.15$23,855
Sep 200005,01531.875.19$26,010
Aug 200006,25329.644.54$28,393
Jul 200006,57728.534.09$26,898
Jun 200007,13329.304.40$31,366
May 200006,24527.263.68$22,980
Apr 2000644,54824.513.12$15,740
Mar 200005,25928.422.86$15,039
Feb 200007,62727.622.73$20,795
Jan 200008,35225.272.48$20,717
Dec 1999728,24324.282.42$21,727
Nov 199908,54323.192.43$20,794
Oct 199907,67120.982.80$21,507
Sep 199908,07421.752.62$21,145
Aug 1999949,03419.262.88$27,789
Jul 199929,25417.892.37$21,990
Jun 199919,26515.942.36$21,901
May 19991009,58315.792.32$23,821
Apr 199909,55815.102.21$21,105
Mar 1999010,29312.471.84$18,922
Feb 1999448,2829.981.82$15,494
Jan 1999010,96910.381.90$20,841
Dec 19982910,5159.201.77$18,913
Nov 199808,79710.892.19$19,228
Oct 19984810,98712.421.97$22,232
Sep 1998011,08112.592.08$23,078
Aug 199809,52911.301.91$18,175
Jul 19987410,67511.742.24$24,752
Jun 1998012,92811.242.24$28,923
May 19988710,91312.622.21$25,176
Apr 1998012,36913.042.51$30,988
Mar 1998839,68912.802.31$23,439
Feb 19983711,43813.952.30$26,814
Jan 19983111,99014.702.15$26,292
Dec 1997011,60216.322.41$27,974
Nov 19976911,71118.193.09$37,422
Oct 1997013,43919.253.15$42,330
Sep 19972710,71917.742.95$32,152
Aug 19971111,38817.862.55$29,290
Jul 1997711,87217.582.25$26,799
Jun 1997012,23817.242.26$27,624
May 19971213,02218.972.31$30,289
Apr 1997710,91917.882.08$22,867
Mar 1997615,91318.951.94$30,971
Feb 1997713,54720.492.21$30,027
Jan 1997812,88923.483.54$45,811
Dec 19961111,74423.32$257
Nov 19961011,98321.97$220
Oct 19961813,41423.31$420
Sep 1996812,90522.22$178
Aug 1996915,17020.26$182
Jul 1996915,38919.55$176
Jun 1996914,30318.73$169
May 1996915,08819.43$175
Apr 19961614,57921.51$344
Mar 19961815,83919.38$349
Feb 1996916,09116.98$153
Jan 1996918,29417.07$154
Dec 19951818,90917.19$309
Nov 19951819,12816.00$288
Oct 1995918,37715.43$139
Sep 1995818,76116.18$129
Aug 19951618,82415.92$255
Jul 19951222,44215.24$183
Jun 199507,49816.41$0
May 19958110,91417.56$1,422
Apr 19955818,49717.73$1,028
Mar 199510619,61916.44$1,743
Feb 199510719,05316.58$1,774
Jan 199510420,51615.92$1,656
Dec 199410620,24115.03$1,593
Nov 199410620,74415.90$1,685
Oct 199410823,64315.58$1,683
Sep 199410425,09515.29$1,590
Aug 199410525,33816.13$1,694
Jul 199410219,21317.56$1,791
Jun 199410019,06117.09$1,709
May 19945420,53715.88$858
Apr 199410621,44314.14$1,499
Mar 19945421,85112.46$673
Feb 199410820,04412.50$1,350
Jan 199410424,00612.66$1,317
Dec 19939724,00812.33$1,196
Nov 199310226,52914.49$1,478
Oct 199315328,66015.85$2,425
Sep 19939528,26015.03$1,428
Aug 199312030,50515.66$1,879
Jul 199314033,42015.46$2,164
Jun 199315633,29516.79$2,619
May 199320538,02017.68$3,624
Apr 199315637,59218.05$2,816
Mar 199320444,18218.14$3,701
Feb 199320640,19617.90$3,687
Jan 199320748,08516.93$3,505

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             2 bbl  × $106.41 =       $213
Gas                1,601 Mcf  × $  3.05 =     $4,876

────────────────────────────────────────────────────
Month total                                   $5,089

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/142834 is the state's own key, not one this site invented.