HUBBARD ENTERPRISES 57-T1-32

Name: HUBBARD ENTERPRISES 57-T1-32 lease production and value, Dec 2013 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BPX OPERATING COMPANY (P-5 85408) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273718District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$32.8 M

Dec 2013 – May 2026

Value, last 12 filed months

$1.2 M

at the published price for each month

Months reported

150

no gaps in the span

Streams

condensate, gas

The PHANTOM (WOLFCAMP) field

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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered

1983-06-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 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 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FOR THE FOLLOWING API 389-37515.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2016-12-06	217793
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	270,998 bbl	$18,224,207
Gas	Production	4,156,389 Mcf	$14,624,221
Total			$32,848,428

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 31.9267, -103.9835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92675, -103.98355 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,778 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 10,778 ft.

Completions filed

Dec 2013

1 of 1 wells

1 well


42-38933927	1H	10,778 ft	Dec 2013	—	—

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 (150)

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

150 months


May 2026	186	12,237	106.41	3.05	$57,064
Apr 2026	378	6,837	98.93	2.87	$57,016
Mar 2026	557	20,504	89.75	3.15	$114,567
Feb 2026	724	16,251	63.50	3.75	$106,920
Jan 2026	770	17,612	59.13	8.00	$186,389
Dec 2025	760	21,507	56.66	4.41	$137,980
Nov 2025	725	17,566	58.59	3.93	$111,450
Oct 2025	532	15,033	59.38	3.30	$81,272
Sep 2025	723	15,064	62.74	3.08	$91,712
Aug 2025	529	12,193	63.93	3.01	$70,578
Jul 2025	714	16,754	66.74	3.32	$103,195
Jun 2025	178	10,153	66.48	3.13	$43,599
May 2025	872	18,395	60.55	3.23	$112,258
Apr 2025	694	15,890	62.36	3.54	$99,578
Mar 2025	901	17,987	67.70	4.27	$137,772
Feb 2025	892	15,066	70.88	4.34	$128,624
Jan 2025	360	12,451	74.32	4.28	$80,029
Dec 2024	884	11,315	68.99	3.12	$96,305
Nov 2024	538	18,698	69.05	2.20	$78,255
Oct 2024	917	15,794	71.37	2.28	$101,479
Sep 2024	911	19,941	69.61	2.36	$110,562
Aug 2024	734	19,336	75.63	2.06	$95,415
Jul 2024	1,096	21,504	79.93	2.15	$133,764
Jun 2024	1,056	19,952	78.08	2.63	$135,006
May 2024	1,064	17,336	78.81	2.20	$121,966
Apr 2024	1,007	16,183	84.45	1.66	$111,892
Mar 2024	1,103	18,853	80.30	1.55	$117,701
Feb 2024	0	17,621	76.09	1.78	$31,430
Jan 2024	0	16,896	73.02	3.30	$55,717
Dec 2023	704	16,271	71.26	2.61	$92,646
Nov 2023	1,269	21,000	77.89	2.81	$157,801
Oct 2023	0	22,117	85.44	3.09	$68,281
Sep 2023	909	21,035	89.04	2.74	$138,469
Aug 2023	897	21,460	80.52	2.67	$129,586
Jul 2023	1,070	19,369	74.85	2.64	$131,259
Jun 2023	891	14,433	68.96	2.26	$94,040
May 2023	1,100	13,865	70.62	2.23	$108,565
Apr 2023	558	8,123	78.12	2.24	$61,768
Mar 2023	1,279	10,671	72.85	2.39	$118,713
Feb 2023	911	8,254	75.11	2.47	$88,777
Jan 2023	741	7,368	76.53	3.39	$81,669
Dec 2022	1,050	13,177	76.41	5.73	$155,723
Nov 2022	903	12,447	85.00	5.65	$147,033
Oct 2022	726	12,461	87.18	5.86	$136,361
Sep 2022	545	12,699	84.88	8.16	$149,930
Aug 2022	897	17,883	94.52	9.13	$248,005
Jul 2022	718	18,367	101.58	7.54	$211,460
Jun 2022	1,816	27,753	115.09	7.98	$430,395
May 2022	5,175	59,277	109.37	8.43	$1,065,875
Apr 2022	8,541	68,647	104.22	6.84	$1,359,524
Mar 2022	4,211	52,034	108.88	5.08	$722,639
Feb 2022	568	10,861	91.05	4.86	$104,488
Jan 2022	1,132	16,954	81.84	4.54	$169,575
Dec 2021	757	18,943	71.32	3.90	$127,850
Nov 2021	901	19,777	77.43	5.24	$173,334
Oct 2021	751	18,899	79.79	5.71	$167,909
Sep 2021	1,111	22,081	69.86	5.35	$195,768
Aug 2021	1,131	24,217	66.02	4.22	$176,879
Jul 2021	1,049	25,610	70.78	3.98	$176,229
Jun 2021	1,070	27,110	69.49	3.38	$166,003
May 2021	1,116	26,885	63.48	3.02	$151,974
Apr 2021	1,115	24,998	60.36	2.76	$136,256
Mar 2021	1,251	22,475	61.30	2.72	$137,750
Feb 2021	892	15,431	57.80	5.55	$137,168
Jan 2021	1,299	21,477	50.41	2.81	$125,839
Dec 2020	365	27,521	44.64	2.68	$89,925
Nov 2020	933	31,108	38.77	2.71	$120,368
Oct 2020	1,117	34,167	36.97	2.48	$125,976
Sep 2020	1,657	25,874	37.09	1.99	$112,974
Aug 2020	1,109	25,973	39.98	2.39	$106,286
Jul 2020	733	28,122	38.37	1.83	$79,451
Jun 2020	1,104	20,504	34.90	1.69	$73,188
May 2020	922	27,609	16.92	1.81	$65,704
Apr 2020	927	18,924	14.75	1.80	$47,819
Mar 2020	944	16,380	30.34	1.86	$59,046
Feb 2020	923	16,810	49.88	1.98	$79,334
Jan 2020	943	15,821	57.25	2.09	$87,128
Dec 2019	1,106	12,516	59.01	2.30	$94,106
Nov 2019	944	15,142	55.30	2.75	$93,854
Oct 2019	756	31,407	53.47	2.42	$116,382
Sep 2019	1,119	19,697	55.05	2.66	$113,941
Aug 2019	1,120	22,797	53.11	2.30	$112,016
Jul 2019	1,665	26,042	56.27	2.46	$157,754
Jun 2019	743	12,229	52.78	2.49	$69,680
May 2019	1,506	19,795	58.48	2.74	$142,316
Apr 2019	558	11,397	62.63	2.75	$66,297
Mar 2019	522	18,759	56.80	3.06	$87,092
Feb 2019	1,327	23,579	50.85	2.79	$133,316
Jan 2019	1,317	30,401	46.03	3.23	$158,761
Dec 2018	1,132	24,003	46.59	4.19	$153,203
Nov 2018	1,532	20,508	52.93	4.24	$167,986
Oct 2018	1,288	26,141	61.44	3.40	$167,964
Sep 2018	1,293	29,311	59.54	3.11	$168,084
Aug 2018	1,143	27,076	59.40	3.07	$150,924
Jul 2018	1,439	23,068	65.14	2.93	$161,369
Jun 2018	1,827	33,054	60.18	3.08	$211,653
May 2018	2,773	28,776	65.38	2.90	$264,772
Apr 2018	1,125	21,654	63.84	2.90	$134,634
Mar 2018	1,465	23,375	61.22	2.79	$154,830
Feb 2018	1,325	23,593	61.78	2.77	$147,120
Jan 2018	2,049	19,806	62.87	4.01	$208,229
Dec 2017	1,298	22,199	57.27	2.92	$139,191
Nov 2017	933	16,193	55.42	3.12	$102,202
Oct 2017	1,500	32,311	49.29	2.98	$170,341
Sep 2017	1,837	33,431	47.52	3.09	$190,505
Aug 2017	1,998	36,479	45.37	3.00	$200,247
Jul 2017	1,823	30,173	43.87	3.09	$173,128
Jun 2017	2,010	31,281	42.49	3.09	$181,978
May 2017	1,305	33,010	45.37	3.26	$166,933
Apr 2017	1,867	31,343	47.93	3.21	$190,146
Mar 2017	919	17,290	46.77	2.98	$94,569
Feb 2017	2,043	30,051	50.45	2.95	$191,798
Jan 2017	2,790	40,638	49.41	3.42	$276,787
Dec 2016	2,232	39,964	48.76	3.72	$257,612
Nov 2016	2,022	39,415	42.49	2.64	$190,142
Oct 2016	2,215	38,528	46.19	3.09	$221,372
Sep 2016	2,020	31,648	41.55	3.10	$182,060
Aug 2016	2,405	40,732	41.44	2.92	$218,777
Jul 2016	2,024	44,090	41.62	2.92	$213,173
Jun 2016	2,217	45,353	45.35	2.69	$222,351
May 2016	2,887	47,169	42.52	1.99	$216,671
Apr 2016	2,244	42,906	36.56	1.99	$167,468
Mar 2016	3,646	50,819	33.01	1.79	$211,524
Feb 2016	3,552	47,277	26.47	2.06	$191,584
Jan 2016	2,561	44,311	27.35	2.36	$174,811
Dec 2015	2,564	36,142	32.36	2.00	$155,306
Nov 2015	3,261	51,950	38.79	2.17	$239,087
Oct 2015	3,213	57,942	43.55	2.43	$280,527
Sep 2015	4,024	51,416	42.99	2.76	$314,819
Aug 2015	2,931	40,062	40.16	2.87	$232,787
Jul 2015	3,147	30,114	48.15	2.95	$240,216
Jun 2015	2,617	26,296	56.15	2.88	$222,752
May 2015	3,412	28,306	55.21	2.96	$272,033
Apr 2015	3,545	32,823	49.82	2.71	$265,450
Mar 2015	3,289	52,978	42.89	2.93	$296,540
Feb 2015	2,736	16,825	44.66	2.98	$172,264
Jan 2015	2,355	30,041	43.43	3.10	$195,424
Dec 2014	3,212	27,691	54.69	3.59	$275,113
Nov 2014	3,523	28,514	70.46	4.25	$369,468
Oct 2014	4,022	46,232	78.30	3.90	$495,272
Sep 2014	4,427	47,318	86.16	4.05	$572,852
Aug 2014	5,870	57,238	89.39	4.04	$755,682
Jul 2014	5,534	57,303	96.56	4.18	$773,867
Jun 2014	6,083	66,646	98.16	4.74	$912,801
May 2014	6,365	71,488	94.73	4.73	$940,849
Apr 2014	7,542	78,968	95.94	4.81	$1,103,346
Mar 2014	9,225	84,346	95.89	5.06	$1,311,106
Feb 2014	6,049	54,598	97.40	6.19	$927,243
Jan 2014	10,094	101,499	90.40	4.86	$1,405,856
Dec 2013	0	30,745	91.82	4.35	$133,878

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           186 bbl  × $106.41 =    $19,792
Gas               12,237 Mcf  × $  3.05 =    $37,272

────────────────────────────────────────────────────
Month total                                  $57,064

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. 08/G/273718 is the state's own key, not one this site invented.