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 165800District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Oct 1997 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
344
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 Gas111998-02-04138110
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
CondensateDisposition2,298 bbl$55,626
GasProduction1,614,159 Mcf$6,596,082
Total$6,651,709

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 32.2411, -94.8674. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24110, -94.86740 · 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
10,950 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 10,950 ft.

Completions filed
Oct 1997
1 of 1 wells

1 well

42-40132722710,950 ftOct 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 (344)

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

344 months

May 202681,246106.413.05$4,646
Apr 20261462498.932.87$3,176
Mar 2026671989.753.15$2,803
Feb 2026469763.503.75$2,868
Jan 2026661359.138.00$5,258
Dec 2025079056.664.41$3,487
Nov 2025093058.593.93$3,652
Oct 202501,26859.383.30$4,191
Sep 202501,35062.743.08$4,154
Aug 202501,35063.933.01$4,070
Jul 202501,42266.743.32$4,714
Jun 2025099866.483.13$3,122
May 202501,56060.553.23$5,042
Apr 202501,35562.363.54$4,801
Mar 202502,09967.704.27$8,959
Feb 202502,27070.884.34$9,854
Jan 202502,40274.324.28$10,277
Dec 2024061968.993.12$1,932
Nov 2024096069.052.20$2,111
Oct 2024089371.372.28$2,037
Sep 2024081169.612.36$1,918
Aug 202401,02375.632.06$2,111
Jul 202401,09379.932.15$2,346
Jun 2024041778.082.63$1,098
May 202401,38978.812.20$3,054
Apr 202401,22984.451.66$2,039
Mar 202401,23980.301.55$1,914
Feb 202401,20876.091.78$2,155
Jan 202401,41473.023.30$4,663
Dec 202301,45371.262.61$3,793
Nov 2023094477.892.81$2,650
Oct 202301,18785.443.09$3,665
Sep 202301,28989.042.74$3,525
Aug 202301,57880.522.67$4,218
Jul 202301,63774.852.64$4,325
Jun 202302,41168.962.26$5,445
May 202301,84670.622.23$4,112
Apr 202301,84578.122.24$4,129
Mar 202301,86972.852.39$4,473
Feb 202301,86975.112.47$4,608
Jan 202301,98176.533.39$6,711
Dec 202201,99876.415.73$11,447
Nov 202201,92285.005.65$10,852
Oct 202201,78687.185.86$10,473
Sep 202201,78384.888.16$14,556
Aug 202202,01494.529.13$18,382
Jul 202201,995101.587.54$15,046
Jun 202201,973115.097.98$15,739
May 202202,023109.378.43$17,060
Apr 202202,041104.226.84$13,956
Mar 202202,121108.885.08$10,767
Feb 202201,86491.054.86$9,057
Jan 202202,04181.844.54$9,261
Dec 202101,91971.323.90$7,482
Nov 202101,78177.435.24$9,327
Oct 202101,72479.795.71$9,851
Sep 202101,74969.865.35$9,359
Aug 202101,96766.024.22$8,302
Jul 202101,99870.783.98$7,956
Jun 202102,04569.493.38$6,913
May 202102,38863.483.02$7,206
Apr 202101,69260.362.76$4,667
Mar 202101,63461.302.72$4,439
Feb 202101,52757.805.55$8,472
Jan 202102,09250.412.81$5,879
Dec 202002,10044.642.68$5,618
Nov 202001,91938.772.71$5,194
Oct 202001,99636.972.48$4,947
Sep 202002,05037.091.99$4,082
Aug 202002,12039.982.39$5,056
Jul 202002,02038.371.83$3,687
Jun 202002,05534.901.69$3,474
May 202002,13116.921.81$3,867
Apr 202002,07314.751.80$3,740
Mar 202002,12730.341.86$3,948
Feb 202002,05049.881.98$4,060
Jan 202002,28757.252.09$4,791
Dec 201901,93559.012.30$4,459
Nov 201901,52155.302.75$4,184
Oct 201902,01453.472.42$4,871
Sep 201902,10455.052.66$5,591
Aug 201902,22853.112.30$5,134
Jul 201902,07256.272.46$5,097
Jun 201901,78352.782.49$4,442
May 201901,62958.482.74$4,464
Apr 201901,91462.632.75$5,265
Mar 201902,44056.803.06$7,472
Feb 201902,55850.852.79$7,143
Jan 201902,78646.033.23$8,994
Dec 201802,78946.594.19$11,673
Nov 201802,67552.934.24$11,335
Oct 201802,78561.443.40$9,464
Sep 201802,40859.543.11$7,484
Aug 201802,43759.403.07$7,473
Jul 201802,55665.142.93$7,494
Jun 201802,57360.183.08$7,917
May 201802,43565.382.90$7,063
Apr 201802,41463.842.90$7,003
Mar 201802,62961.222.79$7,327
Feb 201802,39761.782.77$6,630
Jan 201802,46362.874.01$9,875
Dec 201702,55957.272.92$7,476
Nov 201702,77855.423.12$8,663
Oct 201703,08149.292.98$9,193
Sep 201703,10947.523.09$9,598
Aug 201702,36745.373.00$7,111
Jul 201702,78643.873.09$8,601
Jun 201702,80842.493.09$8,669
May 201702,76445.373.26$9,020
Apr 201702,67547.933.21$8,591
Mar 201702,82746.772.98$8,435
Feb 201702,47850.452.95$7,317
Jan 201702,55649.413.42$8,738
Dec 201602,82148.763.72$10,502
Nov 201602,48242.492.64$6,563
Oct 201602,82446.193.09$8,727
Sep 201602,75241.553.10$8,533
Aug 201603,01241.442.92$8,808
Jul 201602,72641.622.92$7,972
Jun 201602,25345.352.69$6,051
May 201602,25842.521.99$4,496
Apr 201602,76536.561.99$5,505
Mar 201602,86633.011.79$5,142
Feb 201602,80326.472.06$5,784
Jan 201603,08327.352.36$7,289
Dec 201502,88232.362.00$5,768
Nov 201502,92938.792.17$6,348
Oct 201503,14943.552.43$7,641
Sep 201502,92942.992.76$8,079
Aug 201502,56540.162.87$7,368
Jul 201502,91048.152.95$8,570
Jun 201503,03556.152.88$8,749
May 201503,16855.212.96$9,363
Apr 201502,88749.822.71$7,814
Mar 201503,18542.892.93$9,347
Feb 201502,87244.662.98$8,548
Jan 201503,20043.433.10$9,922
Dec 201402,94854.693.59$10,587
Nov 201403,15570.464.25$13,415
Oct 201403,23178.303.90$12,604
Sep 201403,27886.164.05$13,261
Aug 201403,11589.394.04$12,569
Jul 201403,50596.564.18$14,650
Jun 201403,40398.164.74$16,120
May 201403,31594.734.73$15,669
Apr 201403,48495.944.81$16,755
Mar 201403,06495.895.06$15,494
Feb 201402,64697.406.19$16,384
Jan 201403,34290.404.86$16,245
Dec 201303,55291.824.35$15,467
Nov 201303,44988.853.74$12,893
Oct 201303,94897.423.78$14,921
Sep 201303,446104.113.72$12,811
Aug 201303,794104.253.52$13,365
Jul 201303,152102.523.72$11,718
Jun 201303,83094.403.93$15,065
May 201304,00694.834.15$16,621
Apr 201303,54993.964.28$15,199
Mar 201303,82693.623.91$14,971
Feb 201303,54791.233.42$12,130
Jan 201303,98491.603.42$13,625
Dec 201203,98386.773.42$13,623
Nov 201204,03986.953.62$14,641
Oct 201203,93189.383.40$13,364
Sep 201204,15094.672.92$12,111
Aug 201204,29592.662.91$12,491
Jul 201204,08385.133.02$12,334
Jun 201204,41179.822.52$11,111
May 201213,86991.612.49$9,719
Apr 201244,324101.652.00$9,041
Mar 201244,471105.052.22$10,355
Feb 201244,327101.102.57$11,526
Jan 201234,44898.092.73$12,455
Dec 201104,37096.873.24$14,158
Nov 201104,55195.723.31$15,070
Oct 201104,86784.983.65$17,757
Sep 201105,03383.623.99$20,061
Aug 201105,39883.404.15$22,398
Jul 201105,46894.144.52$24,700
Jun 201105,25692.904.64$24,387
May 201145,49498.134.40$24,593
Apr 201195,322105.964.33$24,015
Mar 2011145,71796.364.06$24,545
Feb 201195,23885.644.18$22,666
Jan 201105,36286.504.59$24,605
Dec 201075,46285.734.35$24,348
Nov 201005,46280.843.80$20,730
Oct 201005,68778.103.51$19,955
Sep 201005,08872.633.98$20,248
Aug 201005,32073.684.42$23,511
Jul 201005,11972.554.74$24,246
Jun 201005,66970.364.91$27,837
May 201005,92371.124.24$25,085
Apr 201004,46381.694.12$18,400
Mar 201003,51278.394.39$15,413
Feb 2010069073.585.44$3,755
Jan 2010070274.365.96$4,187
Dec 2009077871.445.48$4,266
Nov 2009045774.593.75$1,714
Oct 2009056672.544.11$2,326
Sep 2009060965.543.06$1,866
Aug 2009050567.423.22$1,625
Jul 2009049461.133.46$1,711
Jun 2009071366.163.90$2,777
May 2009096354.743.93$3,781
Apr 2009093346.773.59$3,347
Mar 2009095542.144.06$3,876
Feb 200901,07832.814.63$4,994
Jan 200901,34635.865.37$7,229
Dec 200801,32237.105.98$7,902
Nov 2008093855.496.86$6,435
Oct 200801,67975.246.92$11,622
Sep 200801,718101.767.88$13,533
Aug 200802,315114.228.48$19,638
Jul 200801,947131.0811.39$22,175
Jun 200802,034131.3313.03$26,508
May 200802,483123.1711.57$28,739
Apr 200802,539110.3110.45$26,545
Mar 200803,918101.909.66$37,864
Feb 200802,81992.538.77$24,724
Jan 200803,95890.388.21$32,478
Dec 200703,47388.337.30$25,360
Nov 200705,15091.677.29$37,552
Oct 200704,01282.856.92$27,771
Sep 200703,00075.846.24$18,732
Aug 200701,89569.066.39$12,105
Jul 200702,76270.906.39$17,643
Jun 200704,35762.007.55$32,889
May 200704,48458.747.85$35,183
Apr 200705,33959.617.81$41,672
Mar 200704,69756.927.30$34,297
Feb 200705,25755.108.22$43,192
Jan 200708,48250.306.73$57,057
Dec 200606,39456.656.92$44,237
Nov 200607,02654.207.62$53,520
Oct 200608,15654.906.01$49,049
Sep 200607,79560.085.04$39,265
Aug 200609,42468.717.34$69,171
Jul 200607,71069.376.34$48,903
Jun 200609,16466.286.38$58,502
May 2006010,11566.016.42$64,989
Apr 20061458,49364.397.36$71,849
Mar 200608,97456.707.08$63,562
Feb 200609,10257.597.75$70,551
Jan 200607,98460.598.93$71,324
Dec 200509,57454.9413.42$128,439
Nov 200509,59854.6910.59$101,627
Oct 2005010,30158.3413.80$142,110
Sep 200509,21661.4512.08$111,320
Aug 200507,89361.519.80$77,326
Jul 200501,55755.697.84$12,213
Jun 200502,96352.337.38$21,870
May 200503,30145.226.65$21,955
Apr 200503,38349.207.36$24,901
Mar 200503,36050.377.15$24,040
Feb 200503,08145.226.31$19,447
Jan 200503,45143.166.32$21,818
Dec 200403,43239.866.75$23,170
Nov 200403,47345.286.33$21,986
Oct 200403,91749.706.52$25,520
Sep 200403,74343.245.28$19,778
Aug 200403,42342.375.55$19,000
Jul 200403,83138.286.08$23,308
Jun 200403,77036.106.43$24,252
May 200404,34137.486.49$28,193
Apr 200405,03234.475.86$29,480
Mar 200402,87434.365.53$15,894
Feb 200402,47832.455.51$13,653
Jan 200401,51632.036.30$9,550
Dec 200301,42630.266.30$8,986
Nov 200301,67828.804.60$7,711
Oct 200301,96428.174.76$9,348
Sep 200302,45026.314.75$11,636
Aug 200302,24129.765.13$11,496
Jul 200302,58929.415.17$13,387
Jun 200302,90828.565.98$17,398
May 200302,99526.595.97$17,888
Apr 200303,02626.675.41$16,362
Mar 200303,48631.146.10$21,251
Feb 200303,33333.487.93$26,417
Jan 200303,43130.315.58$19,152
Dec 200204,22026.914.85$20,483
Nov 200204,34424.664.14$17,971
Oct 200204,41126.464.23$18,655
Sep 200204,45927.443.64$16,209
Aug 200207,27525.963.16$23,019
Jul 200206,19924.583.06$18,980
Jun 200206,97523.733.34$23,284
May 200208,33524.663.58$29,873
Apr 20021768,45023.653.51$33,842
Mar 200208,87422.003.10$27,534
Feb 200208,15418.222.38$19,371
Jan 200208,59417.172.38$20,417
Dec 200108,61016.932.36$20,357
Nov 200108,50018.072.41$20,447
Oct 200108,77819.782.53$22,199
Sep 200108,17424.262.25$18,402
Aug 200106,22724.873.05$19,012
Jul 20011827,86423.933.20$29,497
Jun 200107,51024.563.82$28,719
May 200108,54925.524.31$36,823
Apr 200108,33524.685.34$44,470
Mar 200108,61424.545.38$46,313
Feb 200108,78427.755.77$50,658
Jan 200107,09427.478.40$59,581
Dec 200008,21026.889.12$74,896
Nov 200008,55232.215.66$48,387
Oct 20001909,93831.235.15$57,070
Sep 2000010,00731.875.19$51,901
Aug 200009,48429.644.54$43,064
Jul 200008,16228.534.09$33,381
Jun 200006,05929.304.40$26,643
May 200008,17627.263.68$30,086
Apr 200008,20124.513.12$25,554
Mar 2000011,27328.422.86$32,238
Feb 2000010,67927.622.73$29,116
Jan 200017912,07325.272.48$34,470
Dec 1999011,48824.282.42$27,844
Nov 1999012,23023.192.43$29,768
Oct 1999011,92720.982.80$33,440
Sep 1999013,71221.752.62$35,910
Aug 199917714,04319.262.88$43,791
Jul 1999214,07617.892.37$33,429
Jun 1999013,99715.942.36$33,062
May 1999215,29915.792.32$35,541
Apr 199919515,01715.102.21$36,103
Mar 1999018,43212.471.84$33,884
Feb 1999016,6639.981.82$30,290
Jan 1999019,90710.381.90$37,822
Dec 199819117,2069.201.77$32,269
Nov 1998016,90610.892.19$36,952
Oct 1998019,63012.421.97$38,656
Sep 199818719,15912.592.08$42,255
Aug 1998020,89511.301.91$39,854
Jul 19981021,92411.742.24$49,167
Jun 1998021,13211.242.24$47,278
May 199819321,56112.622.21$50,007
Apr 199818421,01213.042.51$55,041
Mar 1998022,20312.802.31$51,277
Feb 1998020,70913.952.30$47,613
Jan 199818824,43314.702.15$55,412
Dec 199702,57916.322.41$6,218
Nov 1997025,99018.193.09$80,264
Oct 1997012,87519.253.15$40,554

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             8 bbl  × $106.41 =       $851
Gas                1,246 Mcf  × $  3.05 =     $3,795

────────────────────────────────────────────────────
Month total                                   $4,646

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/165800 is the state's own key, not one this site invented.