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 161941District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jan 1997 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
353
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 Gas111997-04-04136297
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
CondensateDisposition5,760 bbl$151,634
GasProduction1,493,445 Mcf$5,402,027
Total$5,553,661

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 32.2489, -94.8675. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24894, -94.86747 · 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
10,840 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 10,840 ft.

Completions filed
Jan 1997
1 of 1 wells

1 well

42-40132671510,840 ftJan 1997

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 (353)

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

353 months

May 20260589106.413.05$1,794
Apr 2026160398.932.87$1,829
Mar 2026065689.753.15$2,066
Feb 2026070463.503.75$2,640
Jan 2026058259.138.00$4,655
Dec 2025037056.664.41$1,633
Nov 2025064258.593.93$2,521
Oct 2025057659.383.30$1,904
Sep 2025049862.743.08$1,532
Aug 2025039363.933.01$1,185
Jul 2025052366.743.32$1,734
Jun 2025062066.483.13$1,940
May 2025065360.553.23$2,111
Apr 2025064462.363.54$2,282
Mar 2025055167.704.27$2,352
Feb 2025053470.884.34$2,318
Jan 2025061374.324.28$2,623
Dec 2024019368.993.12$602
Nov 2024022469.052.20$492
Oct 2024016671.372.28$379
Sep 2024010869.612.36$255
Aug 2024019975.632.06$411
Jul 2024011679.932.15$249
Jun 202407478.082.63$195
May 202407078.812.20$154
Apr 2024030184.451.66$499
Mar 2024070980.301.55$1,096
Feb 2024064976.091.78$1,158
Jan 2024061073.023.30$2,012
Dec 2023070371.262.61$1,835
Nov 2023065577.892.81$1,839
Oct 2023061785.443.09$1,905
Sep 2023055289.042.74$1,510
Aug 2023051380.522.67$1,371
Jul 2023047174.852.64$1,244
Jun 2023050968.962.26$1,150
May 2023057670.622.23$1,283
Apr 2023063378.122.24$1,417
Mar 2023063972.852.39$1,529
Feb 2023059175.112.47$1,457
Jan 2023069376.533.39$2,348
Dec 2022070676.415.73$4,045
Nov 2022071785.005.65$4,048
Oct 2022065787.185.86$3,852
Sep 2022059684.888.16$4,866
Aug 2022060594.529.13$5,522
Jul 20220633101.587.54$4,774
Jun 20220608115.097.98$4,850
May 20220642109.378.43$5,414
Apr 20220702104.226.84$4,800
Mar 20220763108.885.08$3,873
Feb 2022073291.054.86$3,557
Jan 2022090781.844.54$4,116
Dec 2021087071.323.90$3,392
Nov 2021085977.435.24$4,498
Oct 2021079779.795.71$4,554
Sep 2021069569.865.35$3,719
Aug 2021076066.024.22$3,208
Jul 2021061170.783.98$2,433
Jun 2021073469.493.38$2,481
May 2021093863.483.02$2,831
Apr 2021051460.362.76$1,418
Mar 2021086161.302.72$2,339
Feb 2021078957.805.55$4,377
Jan 2021089750.412.81$2,521
Dec 2020085444.642.68$2,285
Nov 2020084638.772.71$2,290
Oct 2020087036.972.48$2,156
Sep 2020093637.091.99$1,864
Aug 2020078439.982.39$1,870
Jul 2020083538.371.83$1,524
Jun 2020084434.901.69$1,427
May 2020096516.921.81$1,751
Apr 2020083314.751.80$1,503
Mar 2020091430.341.86$1,697
Feb 2020085449.881.98$1,691
Jan 2020089657.252.09$1,877
Dec 2019092359.012.30$2,127
Nov 2019089755.302.75$2,467
Oct 2019086953.472.42$2,102
Sep 2019087955.052.66$2,336
Aug 2019094153.112.30$2,168
Jul 2019091956.272.46$2,261
Jun 2019090352.782.49$2,250
May 2019096658.482.74$2,647
Apr 201901,01662.632.75$2,795
Mar 2019091056.803.06$2,787
Feb 2019086550.852.79$2,415
Jan 2019095946.033.23$3,096
Dec 2018097346.594.19$4,072
Nov 2018092152.934.24$3,903
Oct 2018093261.443.40$3,167
Sep 2018092859.543.11$2,884
Aug 2018093059.403.07$2,852
Jul 2018092565.142.93$2,712
Jun 2018096260.183.08$2,960
May 2018097265.382.90$2,820
Apr 201801,02563.842.90$2,973
Mar 201801,06161.222.79$2,957
Feb 2018093161.782.77$2,575
Jan 201801,03662.874.01$4,154
Dec 201701,06757.272.92$3,117
Nov 201701,03055.423.12$3,212
Oct 201701,07549.292.98$3,207
Sep 201701,02247.523.09$3,155
Aug 201701,00645.373.00$3,022
Jul 201701,08343.873.09$3,344
Jun 201701,16942.493.09$3,609
May 201701,19545.373.26$3,900
Apr 201701,08647.933.21$3,488
Mar 201701,14346.772.98$3,410
Feb 2017099150.452.95$2,926
Jan 201701,05649.413.42$3,610
Dec 201601,08448.763.72$4,036
Nov 201601,10642.492.64$2,925
Oct 201601,13846.193.09$3,517
Sep 201601,08541.553.10$3,364
Aug 201601,16141.442.92$3,395
Jul 201601,17341.622.92$3,430
Jun 201601,13845.352.69$3,056
May 201601,21642.521.99$2,421
Apr 201601,16136.561.99$2,312
Mar 201601,25833.011.79$2,257
Feb 201601,20326.472.06$2,483
Jan 201601,26527.352.36$2,991
Dec 201501,34032.362.00$2,682
Nov 201501,27838.792.17$2,770
Oct 201501,24843.552.43$3,028
Sep 201501,29342.992.76$3,567
Aug 201501,24040.162.87$3,562
Jul 201501,28948.152.95$3,796
Jun 201501,29956.152.88$3,745
May 201501,34455.212.96$3,972
Apr 201501,27349.822.71$3,445
Mar 201501,37442.892.93$4,032
Feb 201501,18044.662.98$3,512
Jan 201501,31243.433.10$4,068
Dec 201401,34954.693.59$4,845
Nov 201401,35870.464.25$5,774
Oct 201401,41478.303.90$5,516
Sep 201401,30486.164.05$5,275
Aug 201401,35289.394.04$5,455
Jul 201401,32696.564.18$5,542
Jun 201401,43898.164.74$6,812
May 201401,55894.734.73$7,364
Apr 201401,59395.944.81$7,661
Mar 201401,55695.895.06$7,868
Feb 201401,48697.406.19$9,201
Jan 201401,65790.404.86$8,054
Dec 201301,64391.824.35$7,154
Nov 201301,66388.853.74$6,217
Oct 201301,69197.423.78$6,391
Sep 201301,740104.113.72$6,469
Aug 201301,870104.253.52$6,587
Jul 201302,020102.523.72$7,510
Jun 201302,00194.403.93$7,871
May 201302,08494.834.15$8,647
Apr 201301,99593.964.28$8,544
Mar 201302,08593.623.91$8,158
Feb 201301,91791.233.42$6,556
Jan 201302,14391.603.42$7,329
Dec 201202,06486.773.42$7,059
Nov 201202,01086.953.62$7,286
Oct 201202,04889.383.40$6,963
Sep 201202,03794.672.92$5,945
Aug 201202,15492.662.91$6,264
Jul 201202,17085.133.02$6,555
Jun 201202,20779.822.52$5,560
May 201212,06291.612.49$5,223
Apr 201241,971101.652.00$4,342
Mar 201242,140105.052.22$5,175
Feb 201242,044101.102.57$5,658
Jan 201232,16998.092.73$6,224
Dec 201102,23696.873.24$7,244
Nov 201102,11095.723.31$6,987
Oct 201102,35684.983.65$8,596
Sep 201102,30783.623.99$9,195
Aug 201102,50983.404.15$10,411
Jul 201102,66494.144.52$12,034
Jun 201102,57092.904.64$11,924
May 201142,96498.134.40$13,448
Apr 201193,356105.964.33$15,496
Mar 2011143,20596.364.06$14,353
Feb 201192,85185.644.18$12,688
Jan 201103,81686.504.59$17,511
Dec 201073,87285.734.35$17,435
Nov 201003,60480.843.80$13,678
Oct 201003,28578.103.51$11,527
Sep 201003,15172.633.98$12,539
Aug 201003,53773.684.42$15,631
Jul 201003,69872.554.74$17,516
Jun 201003,68170.364.91$18,075
May 201003,84371.124.24$16,276
Apr 201003,76281.694.12$15,510
Mar 201003,89678.394.39$17,098
Feb 201003,81173.585.44$20,741
Jan 201004,56974.365.96$27,250
Dec 200904,55971.445.48$25,000
Nov 200904,02474.593.75$15,096
Oct 200904,22172.544.11$17,349
Sep 200903,58565.543.06$10,987
Aug 200904,22567.423.22$13,598
Jul 200904,09961.133.46$14,201
Jun 200904,29766.163.90$16,737
May 2009135,38854.743.93$21,864
Apr 2009645,30046.773.59$22,007
Mar 2009395,52442.144.06$24,065
Feb 2009524,53232.814.63$22,703
Jan 2009493,06335.865.37$18,209
Dec 20081042,74937.105.98$20,290
Nov 2008292,66255.496.86$19,871
Oct 2008593,26675.246.92$27,046
Sep 2008211,922101.767.88$17,277
Aug 2008712,496114.228.48$29,283
Jul 2008123,464131.0811.39$41,026
Jun 200802,138131.3313.03$27,864
May 200801,466123.1711.57$16,968
Apr 200801,250110.3110.45$13,069
Mar 200801,142101.909.66$11,036
Feb 200801,09692.538.77$9,613
Jan 200801,25590.388.21$10,298
Dec 200701,37188.337.30$10,011
Nov 200701,25191.677.29$9,122
Oct 200702,09382.856.92$14,488
Sep 2007088375.846.24$5,514
Aug 200701,18569.066.39$7,570
Jul 200701,38570.906.39$8,847
Jun 200701,43562.007.55$10,832
May 200701,70458.747.85$13,370
Apr 200701,65759.617.81$12,933
Mar 200701,76456.927.30$12,881
Feb 200701,60255.108.22$13,162
Jan 200701,79750.306.73$12,088
Dec 200601,73856.656.92$12,024
Nov 200601,77654.207.62$13,529
Oct 200601,87054.906.01$11,246
Sep 200601,89160.085.04$9,525
Aug 200601,96968.717.34$14,452
Jul 200602,26769.376.34$14,379
Jun 200602,26266.286.38$14,440
May 200602,33466.016.42$14,996
Apr 200602,29364.397.36$16,878
Mar 200602,42656.707.08$17,183
Feb 200602,19057.597.75$16,975
Jan 200602,59260.598.93$23,155
Dec 200502,45954.9413.42$32,988
Nov 200502,61654.6910.59$27,699
Oct 200502,92958.3413.80$40,408
Sep 200532,67361.4512.08$32,472
Aug 200542,84461.519.80$28,108
Jul 200572,93755.697.84$23,427
Jun 200532,88952.337.38$21,481
May 200572,75645.226.65$18,647
Apr 200532,63949.207.36$19,572
Mar 200552,75150.377.15$19,935
Feb 2005142,66645.226.31$17,461
Jan 2005293,05443.166.32$20,560
Dec 2004163,22839.866.75$22,430
Nov 2004213,28645.286.33$21,753
Oct 2004373,58949.706.52$25,222
Sep 2004473,37443.245.28$19,860
Aug 2004373,73142.375.55$22,277
Jul 2004764,10638.286.08$27,891
Jun 2004784,25236.106.43$30,169
May 20041154,80537.486.49$35,517
Apr 20041114,77534.475.86$31,800
Mar 20041275,52334.365.53$34,907
Feb 2004904,92532.455.51$30,055
Jan 2004295,53732.036.30$35,810
Dec 2003335,49830.266.30$35,645
Nov 2003335,61328.804.60$26,743
Oct 2003366,17628.174.76$30,410
Sep 2003235,48826.314.75$26,670
Aug 2003245,39029.765.13$28,363
Jul 2003185,63429.415.17$29,662
Jun 2003215,37628.565.98$32,764
May 2003205,41926.595.97$32,898
Apr 2003125,61226.675.41$30,666
Mar 200305,98331.146.10$36,473
Feb 200305,68533.487.93$45,059
Jan 200306,11730.315.58$34,145
Dec 200205,81726.914.85$28,234
Nov 200204,89224.664.14$20,238
Oct 200205,69026.464.23$24,064
Sep 200205,84227.443.64$21,237
Aug 200206,03925.963.16$19,108
Jul 200267,27124.583.06$22,410
Jun 200277,76023.733.34$26,071
May 200258,21024.663.58$29,548
Apr 200287,83223.653.51$27,698
Mar 2002108,17522.003.10$25,585
Feb 200257,58718.222.38$18,115
Jan 200258,31417.172.38$19,837
Dec 200138,66816.932.36$20,545
Nov 200148,71618.072.41$21,039
Oct 200149,37119.782.53$23,777
Sep 200128,17824.262.25$18,460
Aug 200126,88324.873.05$21,065
Jul 2001306,99423.933.20$23,078
Jun 2001396,88224.563.82$27,276
May 2001417,82925.524.31$34,768
Apr 2001717,72724.685.34$42,978
Mar 2001378,32724.545.38$45,678
Feb 200137,15527.755.77$41,347
Jan 200149,18827.478.40$77,278
Dec 200046,06226.889.12$55,408
Nov 200036,25832.215.66$35,504
Oct 200049,03331.235.15$46,604
Sep 2000311,18331.875.19$58,096
Aug 2000268,98229.644.54$41,556
Jul 2000297,46328.534.09$31,349
Jun 2000279,85529.304.40$44,126
May 20003812,15727.263.68$45,771
Apr 2000337,47824.513.12$24,110
Mar 20004212,01528.422.86$35,554
Feb 2000286,31327.622.73$17,986
Jan 2000387,37525.272.48$19,254
Dec 19994110,06824.282.42$25,397
Nov 19992810,32523.192.43$25,780
Oct 1999558,80520.982.80$25,841
Sep 19991310,69221.752.62$28,283
Aug 19993811,61919.262.88$34,143
Jul 19993312,91817.892.37$31,237
Jun 19992911,72215.942.36$28,151
May 19993811,97515.792.32$28,394
Apr 19994114,49315.102.21$32,620
Mar 19992410,77712.471.84$20,111
Feb 1999659,6229.981.82$18,139
Jan 19997011,43310.381.90$22,449
Dec 19986711,0689.201.77$20,244
Nov 19986811,41310.892.19$25,686
Oct 19989211,82512.421.97$24,429
Sep 19986713,18012.592.08$28,292
Aug 19983510,92711.301.91$21,237
Jul 19982513,22411.742.24$29,879
Jun 1998712,52811.242.24$28,107
May 19981613,58312.622.21$30,171
Apr 19981914,53213.042.51$36,655
Mar 19981916,09712.802.31$37,418
Feb 19982215,63813.952.30$36,261
Jan 19985116,92914.702.15$37,228
Dec 19975618,56016.322.41$45,664
Nov 19976719,45318.193.09$61,295
Oct 19975221,44819.253.15$68,558
Sep 19976724,12117.742.95$72,463
Aug 199712024,92717.862.55$65,825
Jul 199723127,94717.582.25$66,856
Jun 199726732,29317.242.26$77,495
May 199731942,20218.972.31$103,475
Apr 199752643,72417.882.08$100,472
Mar 199757238,26418.951.94$85,039
Feb 199712363,69020.492.21$143,014
Jan 199718427,76723.483.54$102,607

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                  589 Mcf  × $  3.05 =     $1,794

────────────────────────────────────────────────────
Month total                                   $1,794

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/161941 is the state's own key, not one this site invented.