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 143514District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$19 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 Gas111993-02-23127074
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
CondensateDisposition8,536 bbl$250,069
GasProduction2,269,723 Mcf$3,127,157
Total$3,377,226

1,462,283 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 32.2422, -94.8629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24225, -94.86286 · 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
11,000 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 11,000 ft.

Completions filed
Dec 1992
1 of 1 wells

1 well

42-40132417411,000 ftDec 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 20260335106.413.05$1,020
Apr 2026150998.932.87$1,560
Mar 2026048389.753.15$1,521
Feb 2026054363.503.75$2,036
Jan 2026063659.138.00$5,087
Dec 2025059056.664.41$2,604
Nov 2025042358.593.93$1,661
Oct 2025025459.383.30$839
Sep 2025016762.743.08$514
Aug 2025020963.933.01$630
Jul 2025018166.743.32$600
Jun 2025028066.483.13$876
May 2025019160.553.23$617
Apr 2025025462.363.54$900
Mar 2025019167.704.27$815
Feb 2025015270.884.34$660
Jan 2025029574.324.28$1,262
Dec 2024011468.993.12$356
Nov 202402469.052.20$53
Oct 202408971.372.28$203
Sep 202408969.612.36$210
Aug 202409075.632.06$186
Jul 202407679.932.15$163
Jun 202403578.082.63$92
May 202404878.812.20$106
Apr 2024029984.451.66$496
Mar 2024064780.301.55$1,000
Feb 2024061276.091.78$1,092
Jan 2024058673.023.30$1,932
Dec 2023068071.262.61$1,775
Nov 2023066577.892.81$1,867
Oct 2023065585.443.09$2,022
Sep 2023061789.042.74$1,688
Aug 2023066880.522.67$1,785
Jul 2023067174.852.64$1,773
Jun 2023061668.962.26$1,391
May 2023061470.622.23$1,368
Apr 2023061878.122.24$1,383
Mar 2023065672.852.39$1,570
Feb 2023062375.112.47$1,536
Jan 2023072776.533.39$2,463
Dec 2022073776.415.73$4,222
Nov 2022074485.005.65$4,201
Oct 2022072287.185.86$4,234
Sep 2022069684.888.16$5,682
Aug 2022072694.529.13$6,626
Jul 20220752101.587.54$5,672
Jun 20220571115.097.98$4,555
May 20220675109.378.43$5,692
Apr 20220745104.226.84$5,094
Mar 20220733108.885.08$3,721
Feb 2022058691.054.86$2,847
Jan 2022076481.844.54$3,467
Dec 2021078171.323.90$3,045
Nov 2021079777.435.24$4,174
Oct 2021082079.795.71$4,685
Sep 2021081769.865.35$4,372
Aug 2021082866.024.22$3,495
Jul 2021089870.783.98$3,576
Jun 2021092069.493.38$3,110
May 2021092463.483.02$2,788
Apr 2021060060.362.76$1,655
Mar 2021091861.302.72$2,494
Feb 2021082657.805.55$4,583
Jan 2021090750.412.81$2,549
Dec 2020098844.642.68$2,643
Nov 2020098338.772.71$2,661
Oct 202001,07236.972.48$2,657
Sep 2020092837.091.99$1,848
Aug 2020085239.982.39$2,032
Jul 2020099338.371.83$1,812
Jun 202001,08534.901.69$1,834
May 2020084616.921.81$1,535
Apr 202001,00914.751.80$1,821
Mar 2020099230.341.86$1,841
Feb 2020084449.881.98$1,672
Jan 2020076757.252.09$1,607
Dec 2019089559.012.30$2,062
Nov 2019090555.302.75$2,489
Oct 2019094653.472.42$2,288
Sep 2019095155.052.66$2,527
Aug 201901,03553.112.30$2,385
Jul 201901,00956.272.46$2,482
Jun 201901,03252.782.49$2,571
May 201901,15158.482.74$3,154
Apr 201901,26662.632.75$3,482
Mar 2019098456.803.06$3,013
Feb 2019084350.852.79$2,354
Jan 2019092646.033.23$2,989
Dec 2018097046.594.19$4,060
Nov 201801,03152.934.24$4,369
Oct 201801,11461.443.40$3,785
Sep 201801,17459.543.11$3,649
Aug 201801,28059.403.07$3,925
Jul 201801,40265.142.93$4,111
Jun 201801,28760.183.08$3,960
May 201801,28265.382.90$3,719
Apr 201801,29663.842.90$3,759
Mar 201801,28461.222.79$3,578
Feb 201801,15961.782.77$3,206
Jan 201801,25262.874.01$5,020
Dec 201701,40157.272.92$4,093
Nov 201701,45855.423.12$4,547
Oct 201701,52049.292.98$4,535
Sep 2017028347.523.09$874
Aug 201701,34845.373.00$4,050
Jul 201701,45843.873.09$4,501
Jun 201701,47042.493.09$4,538
May 201701,53345.373.26$5,003
Apr 201701,43847.933.21$4,618
Mar 201701,51346.772.98$4,514
Feb 201701,31950.452.95$3,894
Jan 201701,44149.413.42$4,926
Dec 201601,49948.763.72$5,581
Nov 201601,49442.492.64$3,951
Oct 201601,55246.193.09$4,796
Sep 201601,47841.553.10$4,583
Aug 201601,53241.442.92$4,480
Jul 201601,59941.622.92$4,676
Jun 201601,53745.352.69$4,128
May 201601,63642.521.99$3,257
Apr 201601,56036.561.99$3,106
Mar 201601,66733.011.79$2,991
Feb 201601,63926.472.06$3,382
Jan 201601,76427.352.36$4,171
Dec 201501,79132.362.00$3,585
Nov 201501,62638.792.17$3,524
Oct 201501,68643.552.43$4,091
Sep 201501,57442.992.76$4,342
Aug 201501,68040.162.87$4,826
Jul 201501,73348.152.95$5,104
Jun 201501,73356.152.88$4,996
May 201511,84855.212.96$5,517
Apr 2015221,63749.822.71$5,527
Mar 2015161,69942.892.93$5,672
Feb 2015111,56244.662.98$5,140
Jan 2015151,76843.433.10$6,133
Dec 2014101,66654.693.59$6,530
Nov 201491,40970.464.25$6,625
Oct 2014101,76578.303.90$7,668
Sep 2014101,88286.164.05$8,475
Aug 2014151,86289.394.04$8,854
Jul 201451,97896.564.18$8,750
Jun 2014102,06698.164.74$10,768
May 2014151,93594.734.73$10,567
Apr 2014102,05995.944.81$10,861
Mar 2014102,06995.895.06$11,421
Feb 2014202,10497.406.19$14,976
Jan 2014202,58290.404.86$14,358
Dec 2013102,71991.824.35$12,758
Nov 2013201,89788.853.74$8,869
Oct 2013151,94997.423.78$8,827
Sep 2013151,691104.113.72$7,848
Aug 2013152,081104.253.52$8,894
Jul 2013102,083102.523.72$8,769
Jun 2013101,77094.403.93$7,906
May 2013101,78294.834.15$8,342
Apr 2013171,72993.964.28$9,002
Mar 2013171,75193.623.91$8,443
Feb 2013111,58591.233.42$6,424
Jan 2013231,88891.603.42$8,564
Dec 2012172,02686.773.42$8,404
Nov 2012291,87386.953.62$9,311
Oct 2012291,83389.383.40$8,824
Sep 2012171,89694.672.92$7,143
Aug 2012341,95492.662.91$8,833
Jul 2012231,81285.133.02$7,432
Jun 2012231,88179.822.52$6,574
May 2012211,94791.612.49$6,769
Apr 2012191,859101.652.00$5,643
Mar 2012201,942105.052.22$6,416
Feb 2012191,816101.102.57$6,588
Jan 2012261,87598.092.73$7,677
Dec 2011611,72496.873.24$11,494
Nov 2011501,74895.723.31$10,574
Oct 2011561,77484.983.65$11,231
Sep 2011571,90583.623.99$12,359
Aug 2011502,18483.404.15$13,232
Jul 2011482,08894.144.52$13,951
Jun 2011401,84192.904.64$12,258
May 2011411,76598.134.40$11,798
Apr 201151,684105.964.33$7,827
Mar 201171,70896.364.06$7,604
Feb 201151,53885.644.18$6,857
Jan 201101,64786.504.59$7,558
Dec 201051,65285.734.35$7,611
Nov 201091,65680.843.80$7,013
Oct 201091,66278.103.51$6,535
Sep 201091,56372.633.98$6,874
Aug 201051,59773.684.42$7,426
Jul 2010101,51472.554.74$7,897
Jun 201061,32770.364.91$6,938
May 2010101,18071.124.24$5,709
Apr 201061,08581.694.12$4,963
Mar 201071,08278.394.39$5,297
Feb 2010699673.585.44$5,862
Jan 201081,11774.365.96$7,257
Dec 2009131,14271.445.48$7,191
Nov 20091559574.593.75$3,351
Oct 20091269072.544.11$3,707
Sep 20091269565.543.06$2,916
Aug 20091285767.423.22$3,567
Jul 2009121,36861.133.46$5,473
Jun 2009121,24566.163.90$5,643
May 2009171,45554.743.93$6,643
Apr 2009401,48346.773.59$7,191
Mar 2009241,67342.144.06$7,802
Feb 2009321,26932.814.63$6,929
Jan 2009301,54135.865.37$9,353
Dec 2008161,24037.105.98$8,005
Nov 200801,27455.496.86$8,740
Oct 200801,27575.246.92$8,826
Sep 200801,304101.767.88$10,272
Aug 200831,475114.228.48$12,855
Jul 200881,782131.0811.39$21,345
Jun 2008101,421131.3313.03$19,833
May 2008131,482123.1711.57$18,754
Apr 200881,423110.3110.45$15,760
Mar 2008101,536101.909.66$15,863
Feb 200851,44392.538.77$13,119
Jan 200811,64490.388.21$13,581
Dec 200701,50388.337.30$10,975
Nov 200731,44591.677.29$10,812
Oct 200701,83682.856.92$12,709
Sep 2007071175.846.24$4,440
Aug 200701,36169.066.39$8,694
Jul 200701,86270.906.39$11,894
Jun 200702,56162.007.55$19,332
May 200702,00758.747.85$15,747
Apr 200702,53259.617.81$19,763
Mar 200702,06056.927.30$15,042
Feb 200701,84455.108.22$15,150
Jan 200701,83550.306.73$12,344
Dec 200602,02856.656.92$14,031
Nov 200602,08154.207.62$15,852
Oct 200602,21454.906.01$13,315
Sep 200602,24660.085.04$11,314
Aug 200602,32268.717.34$17,043
Jul 200602,77169.376.34$17,576
Jun 200602,60666.286.38$16,636
May 200602,58766.016.42$16,621
Apr 200602,47764.397.36$18,232
Mar 200602,56056.707.08$18,132
Feb 200602,26557.597.75$17,556
Jan 200602,55660.598.93$22,834
Dec 200502,21054.9413.42$29,648
Nov 200502,33854.6910.59$24,756
Oct 200502,25358.3413.80$31,082
Sep 200502,02461.4512.08$24,448
Aug 200501,87761.519.80$18,389
Jul 200501,68455.697.84$13,209
Jun 2005094152.337.38$6,946
May 200501,59045.226.65$10,575
Apr 200501,54249.207.36$11,350
Mar 200501,59050.377.15$11,376
Feb 200501,47545.226.31$9,310
Jan 200501,69043.166.32$10,685
Dec 200401,65839.866.75$11,193
Nov 200401,83345.286.33$11,604
Oct 200401,95249.706.52$12,717
Sep 200401,78443.245.28$9,426
Aug 200402,03642.375.55$11,301
Jul 200402,12338.286.08$12,917
Jun 200402,09636.106.43$13,484
May 200402,23837.486.49$14,535
Apr 2004442,02334.475.86$13,368
Mar 200402,21034.365.53$12,222
Feb 200401,80232.455.51$9,928
Jan 200402,04032.036.30$12,851
Dec 200302,06730.266.30$13,025
Nov 200302,11728.804.60$9,728
Oct 200302,36828.174.76$11,271
Sep 2003612,78926.314.75$14,851
Aug 200302,62029.765.13$13,440
Jul 200302,57029.415.17$13,289
Jun 200302,66228.565.98$15,927
May 200302,79826.595.97$16,712
Apr 2003952,67826.675.41$17,014
Mar 200302,74031.146.10$16,703
Feb 200302,80633.487.93$22,240
Jan 20031233,11030.315.58$21,088
Dec 200203,22926.914.85$15,673
Nov 200203,10024.664.14$12,825
Oct 200203,29226.464.23$13,922
Sep 200203,38027.443.64$12,287
Aug 20021043,59925.963.16$14,088
Jul 200203,59824.583.06$11,016
Jun 200283,80723.733.34$12,899
May 200203,76824.663.58$13,505
Apr 20021063,55023.653.51$14,976
Mar 200203,76422.003.10$11,679
Feb 200203,41518.222.38$8,113
Jan 20021374,98317.172.38$14,190
Dec 200103,75316.932.36$8,874
Nov 200103,67318.072.41$8,835
Oct 2001693,83019.782.53$11,050
Sep 200103,52624.262.25$7,938
Aug 200103,89424.873.05$11,889
Jul 200103,77123.933.20$12,056
Jun 2001303,70124.563.82$14,890
May 200104,00025.524.31$17,229
Apr 200104,08924.685.34$21,816
Mar 200104,11224.545.38$22,108
Feb 200103,70927.755.77$21,390
Jan 200103,70727.478.40$31,134
Dec 200003,60026.889.12$32,841
Nov 2000463,78732.215.66$22,909
Oct 200004,10331.235.15$21,112
Sep 200004,05031.875.19$21,005
Aug 200004,36229.644.54$19,807
Jul 200004,10828.534.09$16,801
Jun 200003,98329.304.40$17,514
May 200004,35427.263.68$16,022
Apr 200003,91324.513.12$12,193
Mar 200004,67728.422.86$13,375
Feb 200004,56127.622.73$12,436
Jan 200004,88325.272.48$12,112
Dec 199924,77724.282.42$11,627
Nov 199905,03223.192.43$12,248
Oct 199904,46720.982.80$12,524
Sep 199904,94421.752.62$12,948
Aug 199994,86719.262.88$14,169
Jul 199905,58417.892.37$13,247
Jun 199905,35615.942.36$12,651
May 199995,56015.792.32$13,047
Apr 199904,68715.102.21$10,349
Mar 199905,20312.471.84$9,565
Feb 199964,6589.981.82$8,527
Jan 199905,36310.381.90$10,189
Dec 199875,1629.201.77$9,218
Nov 199804,80710.892.19$10,507
Oct 1998165,45712.421.97$10,945
Sep 199805,27212.592.08$10,980
Aug 199805,45511.301.91$10,405
Jul 1998275,63711.742.24$12,928
Jun 199805,62911.242.24$12,594
May 1998306,04912.622.21$13,725
Apr 199805,41013.042.51$13,554
Mar 1998296,00312.802.31$14,235
Feb 1998237,65613.952.30$17,923
Jan 1998248,13214.702.15$17,876
Dec 199709,55516.322.41$23,038
Nov 19974710,81418.193.09$34,251
Oct 199704,72019.253.15$14,867
Sep 19973711,63617.742.95$35,039
Aug 19975210,57317.862.55$27,940
Jul 1997499,55917.582.25$22,340
Jun 1997011,27917.242.26$25,459
May 19979414,62918.972.31$35,554
Apr 19974912,65617.882.08$27,236
Mar 19974716,76218.951.94$33,395
Feb 19975916,28820.492.21$37,139
Jan 19976915,19423.483.54$55,402
Dec 19969215,51023.32$2,145
Nov 19968914,93121.97$1,955
Oct 199616816,26323.31$3,916
Sep 19968315,96522.22$1,844
Aug 19967617,07620.26$1,540
Jul 19967719,18819.55$1,505
Jun 19967815,68118.73$1,461
May 19968018,02519.43$1,554
Apr 199613817,91221.51$2,968
Mar 199615020,70919.38$2,907
Feb 19967818,95716.98$1,324
Jan 19967921,41917.07$1,349
Dec 199515121,28717.19$2,596
Nov 199515321,16016.00$2,448
Oct 19957623,38515.43$1,173
Sep 19956920,66916.18$1,116
Aug 199513524,04615.92$2,149
Jul 199516024,22415.24$2,438
Jun 1995224,14516.41$33
May 199512427,13317.56$2,177
Apr 19956026,32917.73$1,064
Mar 199511028,46516.44$1,808
Feb 199511126,10216.58$1,840
Jan 199510827,65115.92$1,719
Dec 199411030,59015.03$1,653
Nov 199411030,31015.90$1,749
Oct 199411234,54515.58$1,745
Sep 199410835,96615.29$1,651
Aug 199411034,49016.13$1,774
Jul 199410629,08917.56$1,861
Jun 199410329,90417.09$1,760
May 19945631,16015.88$889
Apr 199410930,44814.14$1,541
Mar 19945630,74112.46$698
Feb 199411228,64812.50$1,400
Jan 199410734,71712.66$1,355
Dec 199310135,78512.33$1,245
Nov 199310635,83414.49$1,536
Oct 199315839,09315.85$2,504
Sep 19939940,10215.03$1,488
Aug 199312443,24015.66$1,942
Jul 199314545,36215.46$2,242
Jun 199316247,53616.79$2,720
May 199321352,54117.68$3,766
Apr 199316251,55818.05$2,924
Mar 199321060,00218.14$3,809
Feb 199320958,23517.90$3,741
Jan 199321566,15516.93$3,640

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                  335 Mcf  × $  3.05 =     $1,020

────────────────────────────────────────────────────
Month total                                   $1,020

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/143514 is the state's own key, not one this site invented.