HUBBARD

Name: HUBBARD lease production and value, Apr 2009 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WOLF ENERGY, INC. (P-5 935534) in the HUBBARD (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39438District 08Field 43106200OilCasinghead gasSave

Value, all time

$3.6 M

Apr 2009 – May 2021

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

146

no gaps in the span

Streams

oil, casinghead gas

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
Oil	Disposition	44,321 bbl	$2,914,453
Casinghead gas	Production	194,370 Mcf	$658,483
Total			$3,572,936

Wells on this lease (2)

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 31.7171, -103.6177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.71713, -103.61773 · 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

100.0%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

6,481 ft

2 wells filed one

Completion to plug

4.7 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 5,949 and 7,012 ft, median 6,481 ft, over the 2 wells that filed a depth.

Completions filed

Mar 2013 – Dec 2018

2 of 2 wells

Plug dates filed

Aug 2020 – Oct 2020

2 of 2 wells

Last completion to plug: a median of 4.7 years across the 2 wells that filed both dates, with the middle half between 3.3 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-30131428	4	7,012 ft	Dec 2018	Oct 2020	Yes
42-30131779	6	5,949 ft	Mar 2013	Aug 2020	Yes

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 (146)

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

146 months


May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	328	0	38.77	2.71	$12,717
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	708	39.98	2.39	$1,689
Jul 2020	0	358	38.37	1.83	$653
Jun 2020	0	0	34.90	1.69	$0
May 2020	169	0	16.92	1.81	$2,859
Apr 2020	166	232	14.75	1.80	$2,867
Mar 2020	0	316	30.34	1.86	$587
Feb 2020	172	832	49.88	1.98	$10,227
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	337	0	59.01	2.30	$19,886
Nov 2019	170	0	55.30	2.75	$9,401
Oct 2019	324	0	53.47	2.42	$17,324
Sep 2019	167	0	55.05	2.66	$9,193
Aug 2019	318	0	53.11	2.30	$16,889
Jul 2019	170	1,413	56.27	2.46	$13,042
Jun 2019	0	1,001	52.78	2.49	$2,494
May 2019	493	503	58.48	2.74	$30,209
Apr 2019	164	1,446	62.63	2.75	$14,249
Mar 2019	166	2,212	56.80	3.06	$16,202
Feb 2019	328	1,077	50.85	2.79	$19,686
Jan 2019	498	1,119	46.03	3.23	$26,535
Dec 2018	168	1,020	46.59	4.19	$12,096
Nov 2018	0	1,443	52.93	4.24	$6,114
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	830	59.54	3.11	$2,580
Aug 2018	167	995	59.40	3.07	$12,971
Jul 2018	164	887	65.14	2.93	$13,284
Jun 2018	0	932	60.18	3.08	$2,868
May 2018	0	674	65.38	2.90	$1,955
Apr 2018	0	726	63.84	2.90	$2,106
Mar 2018	0	962	61.22	2.79	$2,681
Feb 2018	335	812	61.78	2.77	$22,942
Jan 2018	335	2,337	62.87	4.01	$30,431
Dec 2017	501	2,502	57.27	2.92	$36,002
Nov 2017	494	1,780	55.42	3.12	$32,928
Oct 2017	0	1,282	49.29	2.98	$3,825
Sep 2017	332	1,206	47.52	3.09	$19,500
Aug 2017	334	1,305	45.37	3.00	$19,074
Jul 2017	163	981	43.87	3.09	$10,179
Jun 2017	327	2,104	42.49	3.09	$20,390
May 2017	339	2,357	45.37	3.26	$23,072
Apr 2017	168	2,525	47.93	3.21	$16,162
Mar 2017	670	3,311	46.77	2.98	$41,215
Feb 2017	334	2,959	50.45	2.95	$25,587
Jan 2017	337	3,304	49.41	3.42	$27,947
Dec 2016	168	1,507	48.76	3.72	$13,802
Nov 2016	333	1,846	42.49	2.64	$19,031
Oct 2016	163	2,795	46.19	3.09	$16,166
Sep 2016	493	0	41.55	3.10	$20,484
Aug 2016	167	0	41.44	2.92	$6,920
Jul 2016	334	1,756	41.62	2.92	$19,036
Jun 2016	503	2,427	45.35	2.69	$29,330
May 2016	494	4,244	42.52	1.99	$29,455
Apr 2016	818	3,926	36.56	1.99	$37,723
Mar 2016	494	4,832	33.01	1.79	$24,976
Feb 2016	499	3,890	26.47	2.06	$21,236
Jan 2016	663	4,019	27.35	2.36	$27,635
Dec 2015	664	4,597	32.36	2.00	$30,688
Nov 2015	666	4,367	38.79	2.17	$35,299
Oct 2015	499	3,380	43.55	2.43	$29,933
Sep 2015	334	1,847	42.99	2.76	$19,453
Aug 2015	668	2,459	40.16	2.87	$33,890
Jul 2015	670	2,880	48.15	2.95	$40,742
Jun 2015	335	3,946	56.15	2.88	$30,186
May 2015	167	1,259	55.21	2.96	$12,941
Apr 2015	336	752	49.82	2.71	$18,775
Mar 2015	334	3,101	42.89	2.93	$23,426
Feb 2015	340	995	44.66	2.98	$18,146
Jan 2015	340	1,796	43.43	3.10	$20,335
Dec 2014	326	2,998	54.69	3.59	$28,596
Nov 2014	343	2,771	70.46	4.25	$35,950
Oct 2014	331	3,048	78.30	3.90	$37,807
Sep 2014	324	2,727	86.16	4.05	$38,948
Aug 2014	339	2,727	89.39	4.04	$41,307
Jul 2014	490	3,171	96.56	4.18	$60,568
Jun 2014	165	2,647	98.16	4.74	$28,735
May 2014	332	1,934	94.73	4.73	$40,592
Apr 2014	344	3,042	95.94	4.81	$47,633
Mar 2014	340	2,964	95.89	5.06	$47,591
Feb 2014	165	2,877	97.40	6.19	$33,885
Jan 2014	507	3,266	90.40	4.86	$61,708
Dec 2013	337	3,255	91.82	4.35	$45,117
Nov 2013	339	2,313	88.85	3.74	$38,767
Oct 2013	346	1,892	97.42	3.78	$40,858
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	165	119	104.25	3.52	$17,620
Jul 2013	515	755	102.52	3.72	$55,605
Jun 2013	165	389	94.40	3.93	$17,106
May 2013	330	312	94.83	4.15	$32,588
Apr 2013	174	504	93.96	4.28	$18,507
Mar 2013	335	581	93.62	3.91	$33,636
Feb 2013	0	335	91.23	3.42	$1,146
Jan 2013	337	625	91.60	3.42	$33,007
Dec 2012	330	661	86.77	3.42	$30,895
Nov 2012	171	690	86.95	3.62	$17,370
Oct 2012	337	587	89.38	3.40	$32,117
Sep 2012	336	561	94.67	2.92	$33,446
Aug 2012	334	584	92.66	2.91	$32,647
Jul 2012	330	603	85.13	3.02	$29,914
Jun 2012	333	363	79.82	2.52	$27,494
May 2012	0	40	91.61	2.49	$100
Apr 2012	166	48	101.65	2.00	$16,970
Mar 2012	0	378	105.05	2.22	$840
Feb 2012	339	176	101.10	2.57	$34,725
Jan 2012	0	414	98.09	2.73	$1,132
Dec 2011	515	738	96.87	3.24	$52,279
Nov 2011	344	820	95.72	3.31	$35,643
Oct 2011	0	419	84.98	3.65	$1,529
Sep 2011	330	204	83.62	3.99	$28,408
Aug 2011	344	648	83.40	4.15	$31,378
Jul 2011	373	682	94.14	4.52	$38,195
Jun 2011	0	561	92.90	4.64	$2,603
May 2011	344	581	98.13	4.40	$36,316
Apr 2011	506	554	105.96	4.33	$56,016
Mar 2011	339	968	96.36	4.06	$36,594
Feb 2011	321	761	85.64	4.18	$30,671
Jan 2011	335	975	86.50	4.59	$33,452
Dec 2010	520	931	85.73	4.35	$48,627
Nov 2010	506	994	80.84	3.80	$44,678
Oct 2010	165	565	78.10	3.51	$14,869
Sep 2010	337	757	72.63	3.98	$27,489
Aug 2010	506	1,027	73.68	4.42	$41,821
Jul 2010	505	1,095	72.55	4.74	$41,824
Jun 2010	503	1,300	70.36	4.91	$41,775
May 2010	662	1,282	71.12	4.24	$52,511
Apr 2010	328	1,222	81.69	4.12	$31,832
Mar 2010	500	1,157	78.39	4.39	$44,273
Feb 2010	669	1,245	73.58	5.44	$56,001
Jan 2010	658	1,411	74.36	5.96	$57,344
Dec 2009	670	2,457	71.44	5.48	$61,338
Nov 2009	494	1,545	74.59	3.75	$42,644
Oct 2009	492	814	72.54	4.11	$39,035
Sep 2009	838	1,754	65.54	3.06	$60,298
Aug 2009	448	1,441	67.42	3.22	$34,842
Jul 2009	655	897	61.13	3.46	$43,148
Jun 2009	817	1,446	66.16	3.90	$59,685
May 2009	952	1,448	54.74	3.93	$57,797
Apr 2009	0	242	46.77	3.59	$868

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.

Nov 2020 — as filed, then multipliedworked

Oil                  328 bbl  × $ 38.77 =    $12,717
Casinghead gas         0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                  $12,717

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/39438 is the state's own key, not one this site invented.