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 165167District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Aug 1997 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
346
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 Gas111997-12-03137564
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
CondensateDisposition9,507 bbl$348,012
GasProduction1,427,886 Mcf$5,881,107
Total$6,229,119

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 32.2371, -94.8724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23710, -94.87244 · 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
10,930 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 10,930 ft.

Completions filed
Aug 1997
1 of 1 wells

1 well

42-40132682610,930 ftAug 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 (346)

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

346 months

May 202602106.413.05$6
Apr 202609398.932.87$267
Mar 202608289.753.15$258
Feb 202608663.503.75$323
Jan 202604859.138.00$384
Dec 202512656.664.41$171
Nov 2025010358.593.93$404
Oct 202516259.383.30$264
Sep 202508962.743.08$274
Aug 20250163.933.01$3
Jul 2025113066.743.32$498
Jun 202514966.483.13$220
May 202517560.553.23$303
Apr 2025027362.363.54$967
Mar 20250567.704.27$21
Feb 202503570.884.34$152
Jan 2025110474.324.28$519
Dec 202404968.993.12$153
Nov 202413669.052.20$148
Oct 202409771.372.28$221
Sep 202401069.612.36$24
Aug 20240475.632.06$8
Jul 202409479.932.15$202
Jun 202406878.082.63$179
May 202408678.812.20$189
Apr 20245084.451.66$422
Mar 202459080.301.55$541
Feb 2024127976.091.78$1,054
Jan 202438573.023.30$499
Dec 202331871.262.61$261
Nov 20230077.892.81$0
Oct 202327085.443.09$387
Sep 20232089.042.74$178
Aug 202384980.522.67$775
Jul 20233674.852.64$240
Jun 202332768.962.26$268
May 202335070.622.23$323
Apr 20230078.122.24$0
Mar 202304972.852.39$117
Feb 202304975.112.47$121
Jan 202325076.533.39$322
Dec 202213876.415.73$294
Nov 202204785.005.65$265
Oct 202224787.185.86$450
Sep 202221284.888.16$268
Aug 202224594.529.13$600
Jul 202200101.587.54$0
Jun 2022138115.097.98$418
May 2022935109.378.43$1,279
Apr 2022361104.226.84$730
Mar 2022640108.885.08$856
Feb 202246391.054.86$670
Jan 202204781.844.54$213
Dec 202114271.323.90$235
Nov 202124277.435.24$375
Oct 202102079.795.71$114
Sep 202115169.865.35$343
Aug 202178066.024.22$800
Jul 202144970.783.98$478
Jun 20212269.493.38$146
May 20211663.483.02$82
Apr 202112360.362.76$733
Mar 202157561.302.72$510
Feb 202133357.805.55$356
Jan 202134150.412.81$266
Dec 202084844.642.68$486
Nov 20208038.772.71$310
Oct 20208136.972.48$298
Sep 202023837.091.99$150
Aug 202018739.982.39$247
Jul 202043538.371.83$217
Jun 2020610534.901.69$387
May 202007516.921.81$136
Apr 202036614.751.80$163
Mar 2020124230.341.86$442
Feb 202034149.881.98$231
Jan 202068957.252.09$530
Dec 201958259.012.30$484
Nov 201947955.302.75$439
Oct 2019411353.472.42$487
Sep 2019135855.052.66$870
Aug 201974953.112.30$485
Jul 2019611356.272.46$616
Jun 2019143852.782.49$834
May 2019186658.482.74$1,234
Apr 201918462.632.75$294
Mar 201917656.803.06$290
Feb 20190050.852.79$0
Jan 20191046.033.23$46
Dec 201803846.594.19$159
Nov 201812552.934.24$159
Oct 201876861.443.40$661
Sep 201833659.543.11$291
Aug 201845859.403.07$415
Jul 201834265.142.93$319
Jun 2018811860.183.08$845
May 2018310265.382.90$492
Apr 201823663.842.90$232
Mar 201879461.222.79$691
Feb 201827361.782.77$325
Jan 2018223362.874.01$1,515
Dec 2017231357.272.92$1,355
Nov 2017017655.423.12$549
Oct 201769749.292.98$585
Sep 20171012347.523.09$855
Aug 2017511345.373.00$566
Jul 20171316643.873.09$1,083
Jun 20171537842.493.09$1,804
May 20171645445.373.26$2,208
Apr 2017181,43147.933.21$5,459
Mar 20172645146.772.98$2,562
Feb 20171718150.452.95$1,392
Jan 2017181,36549.413.42$5,556
Dec 20161976548.763.72$3,774
Nov 2016842342.492.64$1,458
Oct 20162477746.193.09$3,510
Sep 20161541841.553.10$1,919
Aug 20161769541.442.92$2,737
Jul 20162570341.622.92$3,096
Jun 2016972445.352.69$2,353
May 20161682142.521.99$2,315
Apr 20161786036.561.99$2,334
Mar 20162672733.011.79$2,163
Feb 20161765726.472.06$1,806
Jan 20161784227.352.36$2,456
Dec 20151790132.362.00$2,353
Nov 20151690038.792.17$2,571
Oct 2015342,04443.552.43$6,441
Sep 201582,23342.992.76$6,503
Aug 2015251,74940.162.87$6,028
Jul 2015171,16748.152.95$4,255
Jun 2015331,27156.152.88$5,517
May 20151692355.212.96$3,611
Apr 2015101,56749.822.71$4,739
Mar 201581,75242.892.93$5,485
Feb 201551,33844.662.98$4,205
Jan 201581,73043.433.10$5,712
Dec 201451,83354.693.59$6,856
Nov 201451,71070.464.25$7,623
Oct 201451,91878.303.90$7,874
Sep 201451,84486.164.05$7,891
Aug 201481,79889.394.04$7,970
Jul 201432,30696.564.18$9,928
Jun 201452,64398.164.74$13,010
May 201472,33794.734.73$11,709
Apr 201452,33695.944.81$11,714
Mar 201453,46495.895.06$17,996
Feb 2014103,07797.406.19$20,027
Jan 2014102,45090.404.86$12,813
Dec 201352,42091.824.35$10,997
Nov 2013102,00088.853.74$8,365
Oct 201371,82897.423.78$7,591
Sep 201372,186104.113.72$8,856
Aug 201381,974104.253.52$7,788
Jul 201351,851102.523.72$7,394
Jun 201351,88794.403.93$7,894
May 201351,44194.834.15$6,453
Apr 201371,74493.964.28$8,127
Mar 201361,98893.623.91$8,341
Feb 201341,79091.233.42$6,487
Jan 201381,97191.603.42$7,473
Dec 201262,11386.773.42$7,747
Nov 2012101,91886.953.62$7,822
Oct 2012102,03889.383.40$7,822
Sep 201251,78494.672.92$5,680
Aug 2012112,33892.662.91$7,819
Jul 201282,19385.133.02$7,306
Jun 201281,79779.822.52$5,165
May 201281,93591.612.49$5,548
Apr 2012111,567101.652.00$4,247
Mar 2012122,206105.052.22$6,163
Feb 2012122,011101.102.57$6,382
Jan 201292,58998.092.73$7,961
Dec 201103,73796.873.24$12,107
Nov 201103,29595.723.31$10,911
Oct 201103,13684.983.65$11,442
Sep 201101,51683.623.99$6,042
Aug 201101,62083.404.15$6,722
Jul 201102,47894.144.52$11,194
Jun 201101,99992.904.64$9,275
May 2011132,35598.134.40$11,649
Apr 2011282,470105.964.33$13,670
Mar 2011412,53096.364.06$14,216
Feb 2011272,65585.644.18$13,410
Jan 201102,88886.504.59$13,252
Dec 2010242,72485.734.35$13,901
Nov 2010182,83780.843.80$12,222
Oct 2010182,99478.103.51$11,911
Sep 2010172,75772.633.98$12,206
Aug 2010112,89073.684.42$13,582
Jul 2010223,42272.554.74$17,804
Jun 2010113,89970.364.91$19,920
May 2010223,34471.124.24$15,727
Apr 2010221,56081.694.12$8,229
Mar 2010281,87978.394.39$10,441
Feb 2010223,93973.585.44$23,056
Jan 2010212,39274.365.96$15,828
Dec 2009173,60671.445.48$20,989
Nov 2009202,88374.593.75$12,307
Oct 2009163,19972.544.11$14,309
Sep 2009163,96265.543.06$13,191
Aug 2009164,77667.423.22$16,450
Jul 2009132,34961.133.46$8,933
Jun 200903,93366.163.90$15,319
May 2009103,39154.743.93$13,860
Apr 2009493,21046.773.59$13,808
Mar 2009304,11942.144.06$17,983
Feb 2009403,08632.814.63$15,610
Jan 2009384,20835.865.37$23,964
Dec 2008203,37437.105.98$20,909
Nov 2008354,30155.496.86$31,449
Oct 2008464,19375.246.92$32,485
Sep 2008242,830101.767.88$24,734
Aug 200805,044114.228.48$42,788
Jul 200805,028131.0811.39$57,266
Jun 200802,483131.3313.03$32,360
May 200802,229123.1711.57$25,799
Apr 200804,489110.3110.45$46,932
Mar 200814,495101.909.66$43,542
Feb 200864,63092.538.77$41,163
Jan 2008114,01090.388.21$33,899
Dec 2007174,78188.337.30$36,412
Nov 2007174,57591.677.29$34,918
Oct 2007424,75882.856.92$36,414
Sep 200783,72675.846.24$23,872
Aug 2007184,44569.066.39$29,637
Jul 2007365,80470.906.39$39,628
Jun 2007275,54562.007.55$43,530
May 2007265,42458.747.85$44,085
Apr 2007525,29959.617.81$44,459
Mar 2007286,03156.927.30$45,632
Feb 2007135,18455.108.22$43,308
Jan 200706,34450.306.73$42,675
Dec 200604,32756.656.92$29,936
Nov 200602,11454.207.62$16,103
Oct 200602,22754.906.01$13,393
Sep 200602,29960.085.04$11,581
Aug 2006242,33768.717.34$18,802
Jul 2006452,25369.376.34$17,412
Jun 2006622,10866.286.38$17,567
May 2006522,15866.016.42$17,298
Apr 2006622,43564.397.36$21,915
Mar 2006472,64356.707.08$21,385
Feb 2006372,30957.597.75$20,028
Jan 200683,04160.598.93$27,651
Dec 200502,61954.9413.42$35,135
Nov 200502,54354.6910.59$26,926
Oct 200502,55358.3413.80$35,221
Sep 2005362,72561.4512.08$35,127
Aug 2005514,23061.519.80$44,578
Jul 2005774,00455.697.84$35,694
Jun 2005403,66652.337.38$29,152
May 2005883,94645.226.65$30,225
Apr 2005445,25749.207.36$40,859
Mar 2005695,90950.377.15$45,754
Feb 2005615,12345.226.31$35,094
Jan 2005876,27343.166.32$43,414
Dec 2004686,38639.866.75$45,823
Nov 2004826,29845.286.33$43,582
Oct 20041136,49449.706.52$47,925
Sep 2004895,54643.245.28$33,153
Aug 2004396,31142.375.55$36,683
Jul 2004806,54238.286.08$42,865
Jun 2004826,23536.106.43$43,070
May 20041206,60637.486.49$47,401
Apr 20041166,31434.475.86$40,989
Mar 20041306,60734.365.53$41,004
Feb 2004745,73432.455.51$33,993
Jan 200406,31432.036.30$39,776
Dec 200306,40930.266.30$40,387
Nov 200306,59228.804.60$30,291
Oct 200306,48928.174.76$30,885
Sep 2003296,44026.314.75$31,349
Aug 2003735,74829.765.13$31,658
Jul 2003636,82929.415.17$37,165
Jun 2003876,49828.565.98$41,362
May 2003807,15826.595.97$44,880
Apr 2003727,26326.675.41$41,193
Mar 2003757,62231.146.10$48,800
Feb 2003776,14133.487.93$51,251
Jan 2003777,44530.315.58$43,892
Dec 2002457,60926.914.85$38,143
Nov 2002607,21324.664.14$31,319
Oct 2002447,42126.464.23$32,549
Sep 2002317,44427.443.64$27,911
Aug 2002447,44325.963.16$24,693
Jul 2002477,38224.583.06$23,757
Jun 2002307,31723.733.34$25,138
May 2002207,55724.663.58$27,577
Apr 2002297,66023.653.51$27,590
Mar 2002368,40022.003.10$26,855
Feb 2002248,35818.222.38$20,293
Jan 2002479,56517.172.38$23,530
Dec 2001329,16416.932.36$22,209
Nov 2001428,03718.072.41$20,092
Oct 2001408,68919.782.53$22,765
Sep 2001208,67224.262.25$20,009
Aug 2001209,03724.873.05$28,089
Jul 2001938,19423.933.20$28,422
Jun 20011039,55224.563.82$39,058
May 20011079,56825.524.31$43,943
Apr 20011859,32824.685.34$54,334
Mar 20011619,69224.545.38$56,059
Feb 20011418,77227.755.77$54,502
Jan 20011189,84527.478.40$85,927
Dec 20001079,85226.889.12$92,751
Nov 2000769,84432.215.66$58,145
Oct 200010210,72231.235.15$58,356
Sep 20008010,78531.875.19$58,486
Aug 20005811,23629.644.54$52,739
Jul 20005012,02928.534.09$50,622
Jun 20004911,65529.304.40$52,686
May 20006711,80627.263.68$45,270
Apr 2000549,09324.513.12$29,657
Mar 20006810,89028.422.86$33,075
Feb 20004410,62427.622.73$30,182
Jan 20006411,68125.272.48$30,592
Dec 19997211,44824.282.42$29,495
Nov 19994712,71523.192.43$32,038
Oct 19999011,68520.982.80$34,650
Sep 19992412,63121.752.62$33,601
Aug 19998514,45719.262.88$43,210
Jul 19999715,03017.892.37$37,392
Jun 19999215,71815.942.36$38,594
May 199912218,13515.792.32$44,018
Apr 199913018,27215.102.21$42,308
Mar 19995111,25012.471.84$21,317
Feb 19993311,0239.981.82$20,367
Jan 19993512,58610.381.90$24,276
Dec 19983412,3579.201.77$22,226
Nov 19983512,91210.892.19$28,603
Oct 19984712,45612.421.97$25,112
Sep 19983513,59112.592.08$28,746
Aug 19983014,36911.301.91$27,746
Jul 19989315,45811.742.24$35,676
Jun 19985117,00411.242.24$38,616
May 199810616,48112.622.21$37,700
Apr 199812618,45113.042.51$47,869
Mar 199812621,90412.802.31$52,199
Feb 199812220,92513.952.30$49,811
Jan 199813926,26514.702.15$58,639
Dec 199714028,93216.322.41$72,043
Nov 199716832,98818.193.09$104,931
Oct 199713034,40919.253.15$110,885
Sep 199714145,19417.742.95$136,044
Aug 19975523,35017.862.55$60,635

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                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/165167 is the state's own key, not one this site invented.