HUBBARD STATE

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the WHEAT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26078District 08Field 96742001NGPA filingOilCasinghead gasSaveExport
Value, all time
$638 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 142 leases and 286 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
NGPA3none

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
OilDisposition16,652 bbl$570,034
Casinghead gasProduction25,625 Mcf$67,696
Total$637,731

6,233 Mcf of this lease's gas, across 33 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 31.7627, -103.5289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.76273, -103.52894 · 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
100.0%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,800 ft
3 wells filed one
Completion to plug
42.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 4,730 and 4,800 ft, median 4,800 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1980 – Dec 1980
3 of 3 wells
Plug dates filed
Apr 2018 – Oct 2023
3 of 3 wells

Last completion to plug: a median of 42.6 years across the 3 wells that filed both dates, with the middle half between 40.2 years and 42.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3013025634,800 ftDec 1980Jul 2023Yes
42-3013025524,800 ftNov 1980Oct 2023Yes
42-3013025014,730 ftAug 1980Apr 2018Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202062039.982.39$2,479
Jul 20200038.371.83$0
Jun 202096034.901.69$3,350
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015158043.433.10$6,862
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014159097.406.19$15,487
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131740102.523.72$17,838
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013163091.233.42$14,870
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012158192.662.91$14,643
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120191.612.49$2
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20110196.873.24$3
Nov 20110195.723.31$3
Oct 2011163184.983.65$13,855
Sep 20110183.623.99$4
Aug 20110183.404.15$4
Jul 20110194.144.52$5
Jun 2011155192.904.64$14,404
May 20110098.134.40$0
Apr 201101105.964.33$4
Mar 20110196.364.06$4
Feb 20110185.644.18$4
Jan 2011172186.504.59$14,883
Dec 20100185.734.35$4
Nov 20100180.843.80$4
Oct 20100178.103.51$4
Sep 20100172.633.98$4
Aug 2010155173.684.42$11,425
Jul 20100172.554.74$5
Jun 20100170.364.91$5
May 20100171.124.24$4
Apr 2010169181.694.12$13,810
Mar 20100178.394.39$4
Feb 20100173.585.44$5
Jan 20100174.365.96$6
Dec 20090171.445.48$5
Nov 2009148174.593.75$11,043
Oct 20090172.544.11$4
Sep 20090165.543.06$3
Aug 20090167.423.22$3
Jul 20090161.133.46$3
Jun 20090166.163.90$4
May 2009155154.743.93$8,489
Apr 20090146.773.59$4
Mar 20090142.144.06$4
Feb 20090132.814.63$5
Jan 2009157135.865.37$5,635
Dec 20080137.105.98$6
Nov 20080155.496.86$7
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081560131.0811.39$20,448
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081420110.3110.45$15,664
Mar 200800101.909.66$0
Feb 20084092.538.77$370
Jan 2008154090.388.21$13,919
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007150075.846.24$11,376
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007157058.747.85$9,222
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007149050.306.73$7,495
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006148060.085.04$8,892
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006157066.016.42$10,364
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006162057.597.75$9,330
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005166058.3413.80$9,684
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005146052.337.38$7,640
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005152050.377.15$7,656
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200487039.866.75$3,468
Nov 20040045.286.33$0
Oct 200498049.706.52$4,871
Sep 200479043.245.28$3,416
Aug 20040042.375.55$0
Jul 2004158038.286.08$6,048
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004152034.475.86$5,239
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20041301932.036.30$4,284
Dec 200305130.266.30$321
Nov 200314615528.804.60$4,917
Oct 2003017228.174.76$819
Sep 200314517626.314.75$4,651
Aug 2003015329.765.13$785
Jul 200315616629.415.17$5,446
Jun 2003011028.565.98$658
May 200314725726.595.97$5,444
Apr 2003025626.675.41$1,384
Mar 200316524731.146.10$6,644
Feb 200315722533.487.93$7,040
Jan 2003023830.315.58$1,329
Dec 20028223426.914.85$3,342
Nov 200217822724.664.14$5,329
Oct 2002024626.464.23$1,040
Sep 200213522427.443.64$4,519
Aug 2002019625.963.16$620
Jul 200216926824.583.06$4,975
Jun 2002026423.733.34$881
May 200216828424.663.58$5,161
Apr 2002025523.653.51$896
Mar 20027426822.003.10$2,460
Feb 20028024318.222.38$2,035
Jan 200211217117.172.38$2,329
Dec 20018525216.932.36$2,035
Nov 200117423518.072.41$3,709
Oct 2001015219.782.53$384
Sep 20016313724.262.25$1,837
Aug 200117428024.873.05$5,182
Jul 2001029223.933.20$934
Jun 200116914124.563.82$4,690
May 2001026725.524.31$1,150
Apr 200110927224.685.34$4,141
Mar 200116934524.545.38$6,002
Feb 20016219527.755.77$2,845
Jan 200117827127.478.40$7,166
Dec 2000019226.889.12$1,752
Nov 200018126832.215.66$7,346
Oct 2000030031.235.15$1,544
Sep 200016131931.875.19$6,786
Aug 2000020629.644.54$935
Jul 200011028428.534.09$4,300
Jun 200011123029.304.40$4,264
May 200016328727.263.68$5,499
Apr 2000028024.513.12$872
Mar 200014428128.422.86$4,896
Feb 200014628927.622.73$4,820
Jan 200013932525.272.48$4,319
Dec 199931435424.282.42$8,482
Nov 1999018823.192.43$458
Oct 199915515220.982.80$3,678
Sep 199909221.752.62$241
Aug 1999013019.262.88$374
Jul 1999018717.892.37$444
Jun 199917319615.942.36$3,221
May 1999014715.792.32$341
Apr 199917419815.102.21$3,065
Mar 1999021112.471.84$388
Feb 199901719.981.82$311
Jan 199915219610.381.90$1,950
Dec 199802079.201.77$367
Nov 199815824710.892.19$2,260
Oct 199816921312.421.97$2,518
Sep 1998020412.592.08$425
Aug 199817528811.301.91$2,527
Jul 1998028711.742.24$642
Jun 199817927311.242.24$2,623
May 1998033112.622.21$730
Apr 199817227813.042.51$2,939
Mar 199816028412.802.31$2,704
Feb 199818530213.952.30$3,275
Jan 1998027014.702.15$582
Dec 199718033416.322.41$3,743
Nov 199717829018.193.09$4,133
Oct 19970019.253.15$0
Sep 199718024517.742.95$3,917
Aug 199716526917.862.55$3,634
Jul 199715226217.582.25$3,261
Jun 1997027217.242.26$614
May 199715327818.972.31$3,544
Apr 199715823817.882.08$3,321
Mar 199730129118.951.94$6,268
Feb 1997156020.492.21$3,196
Jan 199731225723.483.54$8,235
Dec 199616229423.32$3,778
Nov 199615930821.97$3,493
Oct 199618030623.31$4,196
Sep 199634331122.22$7,621
Aug 199613732620.26$2,776
Jul 1996016519.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 199504616.44$0
Feb 199504216.58$0
Jan 19951549215.92$2,452
Dec 199416110215.03$2,420
Nov 199416310115.90$2,592
Oct 199415616815.58$2,430
Sep 199416017615.29$2,446
Aug 199433018316.13$5,323
Jul 199434213117.56$6,006
Jun 199402217.09$0
May 19941744315.88$2,763
Apr 199406514.14$0
Mar 199418029412.46$2,243
Feb 1994363112.50$4,538
Jan 1994181112.66$2,291
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930215.46$0
Jun 19930216.79$0
May 1993015417.68$0
Apr 1993024618.05$0
Mar 1993032018.14$0
Feb 19931631,07317.90$2,918
Jan 199301,25416.93$0

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.

Aug 2020 — as filed, then multipliedworked
Oil                   62 bbl  × $ 39.98 =     $2,479
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $2,479

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/O/26078 is the state's own key, not one this site invented.