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 166119District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Nov 1997 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
343
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 Gas111998-03-10138082
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
CondensateDisposition5,141 bbl$220,034
GasProduction978,667 Mcf$3,772,786
Total$3,992,820

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 32.2540, -94.8680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25404, -94.86799 · 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
10,807 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 10,807 ft.

Completions filed
Nov 1997
1 of 1 wells

1 well

42-40132737810,807 ftNov 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 (343)

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

343 months

May 20260379106.413.05$1,154
Apr 2026130498.932.87$971
Mar 2026015389.753.15$482
Feb 2026040063.503.75$1,500
Jan 2026051259.138.00$4,095
Dec 2025050256.664.41$2,216
Nov 2025057258.593.93$2,246
Oct 2025058459.383.30$1,930
Sep 2025053062.743.08$1,631
Aug 2025045163.933.01$1,360
Jul 2025046166.743.32$1,528
Jun 2025023966.483.13$748
May 2025046960.553.23$1,516
Apr 2025077962.363.54$2,760
Mar 2025031067.704.27$1,323
Feb 2025038770.884.34$1,680
Jan 2025048774.324.28$2,084
Dec 2024045468.993.12$1,417
Nov 2024047969.052.20$1,053
Oct 2024064471.372.28$1,469
Sep 2024065069.612.36$1,537
Aug 2024053275.632.06$1,098
Jul 2024057979.932.15$1,243
Jun 2024063278.082.63$1,665
May 2024051978.812.20$1,141
Apr 2024035684.451.66$591
Mar 2024062880.301.55$970
Feb 2024079176.091.78$1,411
Jan 202401,17673.023.30$3,878
Dec 2023065471.262.61$1,707
Nov 2023083977.892.81$2,356
Oct 202301,44085.443.09$4,446
Sep 202301,41489.042.74$3,867
Aug 202301,31680.522.67$3,518
Jul 202301,15574.852.64$3,051
Jun 202301,72168.962.26$3,887
May 202301,96270.622.23$4,370
Apr 202301,62478.122.24$3,634
Mar 202301,99872.852.39$4,782
Feb 202302,26175.112.47$5,575
Jan 202302,32376.533.39$7,870
Dec 202202,66676.415.73$15,274
Nov 202201,66285.005.65$9,384
Oct 2022064987.185.86$3,806
Sep 2022069684.888.16$5,682
Aug 2022062594.529.13$5,704
Jul 20220648101.587.54$4,887
Jun 20220686115.097.98$5,472
May 20220752109.378.43$6,342
Apr 20220785104.226.84$5,368
Mar 20220721108.885.08$3,660
Feb 2022072891.054.86$3,537
Jan 2022078081.844.54$3,539
Dec 2021070271.323.90$2,737
Nov 2021075077.435.24$3,928
Oct 2021088979.795.71$5,080
Sep 2021075069.865.35$4,013
Aug 202101,09666.024.22$4,626
Jul 2021060970.783.98$2,425
Jun 202101,17569.493.38$3,972
May 202101,64063.483.02$4,949
Apr 2021046060.362.76$1,269
Mar 2021095661.302.72$2,597
Feb 202101,22957.805.55$6,818
Jan 2021079350.412.81$2,229
Dec 2020085244.642.68$2,279
Nov 202001,92538.772.71$5,210
Oct 2020096036.972.48$2,379
Sep 202002,03837.091.99$4,058
Aug 202001,00739.982.39$2,402
Jul 2020067738.371.83$1,236
Jun 202001,56934.901.69$2,652
May 202001,51816.921.81$2,755
Apr 202001,62514.751.80$2,932
Mar 202001,65530.341.86$3,072
Feb 202001,52949.881.98$3,028
Jan 202001,65557.252.09$3,467
Dec 201901,69259.012.30$3,899
Nov 201901,66255.302.75$4,572
Oct 201901,66953.472.42$4,037
Sep 201901,66355.052.66$4,419
Aug 201901,75753.112.30$4,049
Jul 201901,70456.272.46$4,192
Jun 201901,79352.782.49$4,467
May 201902,40258.482.74$6,582
Apr 201901,36762.632.75$3,760
Mar 201901,65856.803.06$5,077
Feb 201901,66250.852.79$4,641
Jan 201901,99846.033.23$6,450
Dec 201801,42046.594.19$5,943
Nov 201801,65752.934.24$7,021
Oct 201801,82761.443.40$6,208
Sep 201801,61859.543.11$5,029
Aug 201801,69559.403.07$5,198
Jul 201801,68965.142.93$4,952
Jun 201802,12560.183.08$6,538
May 201801,17565.382.90$3,408
Apr 201801,66263.842.90$4,821
Mar 201801,82161.222.79$5,075
Feb 201801,71261.782.77$4,736
Jan 201801,82162.874.01$7,301
Dec 201702,03757.272.92$5,951
Nov 201701,29455.423.12$4,035
Oct 201701,97949.292.98$5,905
Sep 201702,09847.523.09$6,477
Aug 201701,09045.373.00$3,275
Jul 201701,34843.873.09$4,162
Jun 201701,71442.493.09$5,292
May 201701,67645.373.26$5,469
Apr 201701,61747.933.21$5,193
Mar 201701,39546.772.98$4,162
Feb 201701,38050.452.95$4,075
Jan 201701,74349.413.42$5,959
Dec 201602,11948.763.72$7,889
Nov 201601,85542.492.64$4,905
Oct 201601,74446.193.09$5,389
Sep 201601,94841.553.10$6,040
Aug 201601,81541.442.92$5,308
Jul 201601,98541.622.92$5,805
Jun 201601,85045.352.69$4,969
May 201601,80642.521.99$3,596
Apr 201601,94436.561.99$3,871
Mar 201602,08233.011.79$3,735
Feb 201601,85426.472.06$3,826
Jan 201601,98227.352.36$4,686
Dec 201501,66132.362.00$3,324
Nov 201501,73138.792.17$3,752
Oct 201501,67343.552.43$4,060
Sep 201502,01642.992.76$5,561
Aug 201502,79140.162.87$8,017
Jul 201502,16748.152.95$6,382
Jun 201501,87756.152.88$5,411
May 201502,18555.212.96$6,458
Apr 2015102,09949.822.71$6,179
Mar 201582,28142.892.93$7,037
Feb 201551,03544.662.98$3,304
Jan 201572,30843.433.10$7,460
Dec 201451,12154.693.59$4,299
Nov 201451,55270.464.25$6,951
Oct 201451,27278.303.90$5,354
Sep 201451,58386.164.05$6,835
Aug 201481,79089.394.04$7,938
Jul 201431,91096.564.18$8,273
Jun 201451,88798.164.74$9,429
May 201451,74694.734.73$8,726
Apr 201451,85295.944.81$9,386
Mar 201451,62095.895.06$8,671
Feb 2014101,40597.406.19$9,674
Jan 2014102,55290.404.86$13,309
Dec 201352,00591.824.35$9,190
Nov 2013101,98088.853.74$8,290
Oct 201372,63197.423.78$10,625
Sep 201372,393104.113.72$9,625
Aug 201382,055104.253.52$8,073
Jul 201352,846102.523.72$11,093
Jun 201353,02994.403.93$12,386
May 201353,15094.834.15$13,544
Apr 201392,46893.964.28$11,415
Mar 201393,37793.623.91$14,056
Feb 201363,44191.233.42$12,315
Jan 2013112,85691.603.42$10,775
Dec 201292,90986.773.42$10,730
Nov 2012152,85286.953.62$11,643
Oct 2012152,77789.383.40$10,782
Sep 201292,95294.672.92$9,467
Aug 2012173,10392.662.91$10,599
Jul 2012123,00585.133.02$10,099
Jun 2012123,08879.822.52$8,737
May 2012113,98891.612.49$10,931
Apr 2012113,118101.652.00$7,344
Mar 2012113,949105.052.22$9,931
Feb 2012101,936101.102.57$5,987
Jan 2012142,49598.092.73$8,195
Dec 2011312,58696.873.24$11,381
Nov 2011252,57295.723.31$10,910
Oct 2011292,53984.983.65$11,728
Sep 2011292,59383.623.99$12,760
Aug 2011252,57983.404.15$12,786
Jul 2011242,97994.144.52$15,716
Jun 2011202,42292.904.64$13,096
May 2011222,93198.134.40$15,069
Apr 201152,326105.964.33$10,609
Mar 201172,43296.364.06$10,542
Feb 201152,21185.644.18$9,670
Jan 201103,58486.504.59$16,446
Dec 201043,50685.734.35$15,586
Nov 201002,23380.843.80$8,475
Oct 201002,16678.103.51$7,600
Sep 201001,52772.633.98$6,077
Aug 201001,59073.684.42$7,027
Jul 201001,52272.554.74$7,209
Jun 2010098470.364.91$4,832
May 2010079271.124.24$3,354
Apr 2010087781.694.12$3,616
Mar 2010088578.394.39$3,884
Feb 2010095973.585.44$5,219
Jan 2010092374.365.96$5,505
Dec 200901,06571.445.48$5,840
Nov 2009096274.593.75$3,609
Oct 200901,11872.544.11$4,595
Sep 200901,53865.543.06$4,714
Aug 200901,45767.423.22$4,689
Jul 200901,41461.133.46$4,899
Jun 200901,17066.163.90$4,557
May 200911,25554.743.93$4,982
Apr 200951,17246.773.59$4,438
Mar 200931,56842.144.06$6,491
Feb 200941,66632.814.63$7,850
Jan 200941,83635.865.37$10,005
Dec 200891,09037.105.98$6,849
Nov 200831,96955.496.86$13,675
Oct 2008279475.246.92$5,647
Sep 200821,064101.767.88$8,585
Aug 200891,240114.228.48$11,547
Jul 20089804131.0811.39$10,337
Jun 200812584131.3313.03$9,187
May 2008161,119123.1711.57$14,922
Apr 20089861110.3110.45$9,994
Mar 200817828101.909.66$9,734
Feb 20083484192.538.77$10,522
Jan 2008471,23990.388.21$14,415
Dec 2007681,17388.337.30$14,572
Nov 2007731,21491.677.29$15,544
Oct 20071421,04982.856.92$19,026
Sep 2007973775.846.24$5,285
Aug 2007093069.066.39$5,941
Jul 200701,60370.906.39$10,240
Jun 2007090162.007.55$6,801
May 200701,63258.747.85$12,805
Apr 2007089359.617.81$6,970
Mar 200701,17456.927.30$8,573
Feb 200701,72055.108.22$14,132
Jan 200701,36650.306.73$9,189
Dec 200601,17856.656.92$8,150
Nov 200601,75854.207.62$13,392
Oct 200601,20754.906.01$7,259
Sep 200601,76260.085.04$8,876
Aug 200601,41168.717.34$10,357
Jul 200602,02569.376.34$12,844
Jun 200602,20766.286.38$14,089
May 200602,32866.016.42$14,957
Apr 200602,41864.397.36$17,798
Mar 200603,03856.707.08$21,518
Feb 200601,97057.597.75$15,270
Jan 200602,81560.598.93$25,147
Dec 200502,33354.9413.42$31,298
Nov 200502,08254.6910.59$22,045
Oct 200502,50458.3413.80$34,545
Sep 2005682,22661.4512.08$31,066
Aug 2005953,20961.519.80$37,282
Jul 20051474,17655.697.84$40,941
Jun 2005773,30552.337.38$28,424
May 20051692,76945.226.65$26,059
Apr 2005862,89549.207.36$25,540
Mar 20051403,01650.377.15$28,631
Feb 2005852,89245.226.31$22,098
Jan 2005833,44843.166.32$25,381
Dec 2004673,47439.866.75$26,124
Nov 2004823,46245.286.33$25,629
Oct 20041093,78349.706.52$30,064
Sep 2004713,52243.245.28$21,680
Aug 2004234,34542.375.55$25,092
Jul 2004483,70838.286.08$24,398
Jun 2004483,91736.106.43$26,931
May 2004712,64837.486.49$19,859
Apr 2004693,42134.475.86$22,420
Mar 2004793,63634.365.53$22,822
Feb 2004712,97432.455.51$18,690
Jan 2004503,15532.036.30$21,477
Dec 2003552,27430.266.30$15,994
Nov 2003572,99128.804.60$15,386
Oct 2003613,85728.174.76$20,076
Sep 2003324,73826.314.75$23,344
Aug 2003234,21829.765.13$22,322
Jul 2003144,12229.415.17$21,726
Jun 2003144,28728.565.98$26,049
May 2003134,55726.595.97$27,563
Apr 200384,22326.675.41$23,048
Mar 200304,63031.146.10$28,225
Feb 200303,47533.487.93$27,542
Jan 200304,79130.315.58$26,744
Dec 200204,74726.914.85$23,041
Nov 200204,18424.664.14$17,309
Oct 200207,67026.464.23$32,437
Sep 200205,01827.443.64$18,241
Aug 200205,25525.963.16$16,628
Jul 200205,64824.583.06$17,293
Jun 200204,63323.733.34$15,466
May 200205,90424.663.58$21,160
Apr 200205,77523.653.51$20,284
Mar 200206,37322.003.10$19,774
Feb 200284,78018.222.38$11,502
Jan 2002285,32817.172.38$13,138
Dec 2001164,80716.932.36$11,637
Nov 2001215,09718.072.41$12,640
Oct 2001204,49019.782.53$11,750
Sep 200194,60224.262.25$10,579
Aug 2001105,15924.873.05$16,000
Jul 2001165,36223.933.20$17,526
Jun 200185,39424.563.82$20,824
May 200184,42425.524.31$19,260
Apr 2001145,48424.685.34$29,604
Mar 2001215,00124.545.38$27,403
Feb 2001485,00127.755.77$30,173
Jan 2001585,02227.478.40$43,772
Dec 2000575,31626.889.12$50,027
Nov 2000425,60532.215.66$33,066
Oct 2000546,47631.235.15$35,009
Sep 2000446,14931.875.19$33,294
Aug 2000326,64629.644.54$31,126
Jul 2000326,99528.534.09$29,521
Jun 2000317,05329.304.40$31,922
May 2000366,39127.263.68$24,499
Apr 2000305,14924.513.12$16,780
Mar 2000375,35528.422.86$16,366
Feb 2000265,42227.622.73$15,501
Jan 2000385,94125.272.48$15,697
Dec 1999429,93624.282.42$25,102
Nov 1999287,04723.192.43$17,802
Oct 1999556,79020.982.80$20,191
Sep 1999137,61421.752.62$20,223
Aug 1999388,37619.262.88$24,818
Jul 1999368,93917.892.37$21,851
Jun 19993310,04315.942.36$24,249
May 19994511,30615.792.32$26,952
Apr 1999487,16215.102.21$16,539
Mar 1999235,68512.471.84$10,738
Feb 1999345,3729.981.82$10,104
Jan 1999356,06210.381.90$11,881
Dec 1998375,5469.201.77$10,175
Nov 1998346,06810.892.19$13,633
Oct 1998375,77312.421.97$11,828
Sep 1998337,19912.592.08$15,408
Aug 1998288,31711.301.91$16,180
Jul 19986611,01911.742.24$25,427
Jun 19983411,87711.242.24$26,954
May 19986913,05112.622.21$29,666
Apr 19988314,30413.042.51$36,919
Mar 19988316,55312.802.31$39,291
Feb 19988715,34713.952.30$36,498
Jan 199814123,15214.702.15$51,960
Dec 199712627,96716.322.41$69,488
Nov 1997559,31818.193.09$29,777

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                  379 Mcf  × $  3.05 =     $1,154

────────────────────────────────────────────────────
Month total                                   $1,154

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/166119 is the state's own key, not one this site invented.