HUBBARD

Operated by UPP OPERATING, LLC (P-5 875310) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231618District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.2 M
Jun 2007 – Sep 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
184
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition23 bbl$1,834
GasProduction563,209 Mcf$3,176,482
Total$3,178,316

Every month this lease reported (184)

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

184 months

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 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
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 20190256.272.46$5
Jun 20190052.782.49$0
May 201901,30358.482.74$3,571
Apr 201901,77362.632.75$4,877
Mar 201901,60956.803.06$4,927
Feb 201901,39850.852.79$3,904
Jan 201901,91146.033.23$6,169
Dec 201802,06846.594.19$8,655
Nov 201801,80252.934.24$7,636
Oct 201802,15261.443.40$7,313
Sep 201802,12059.543.11$6,589
Aug 201802,40359.403.07$7,369
Jul 201802,27965.142.93$6,682
Jun 201802,15460.183.08$6,628
May 201802,43365.382.90$7,058
Apr 201802,32363.842.90$6,739
Mar 201802,11661.222.79$5,897
Feb 201802,15661.782.77$5,964
Jan 201802,43462.874.01$9,759
Dec 201702,55957.272.92$7,476
Nov 201702,76155.423.12$8,610
Oct 201702,63249.292.98$7,853
Sep 201702,61747.523.09$8,079
Aug 201702,89645.373.00$8,701
Jul 201702,96343.873.09$9,148
Jun 201702,69542.493.09$8,320
May 201702,89745.373.26$9,454
Apr 201702,76247.933.21$8,870
Mar 201703,09446.772.98$9,232
Feb 201702,43350.452.95$7,184
Jan 201702,19649.413.42$7,508
Dec 201602,12748.763.72$7,918
Nov 201602,31742.492.64$6,127
Oct 201602,42046.193.09$7,478
Sep 201602,23041.553.10$6,914
Aug 201602,11241.442.92$6,176
Jul 201601,76741.622.92$5,167
Jun 201601,43945.352.69$3,865
May 201601,24842.521.99$2,485
Apr 201601,34036.561.99$2,668
Mar 201601,51733.011.79$2,722
Feb 201601,43626.472.06$2,963
Jan 201601,62727.352.36$3,847
Dec 201501,73832.362.00$3,478
Nov 201501,91338.792.17$4,146
Oct 201501,90043.552.43$4,611
Sep 201501,63942.992.76$4,521
Aug 201501,67640.162.87$4,814
Jul 201501,73048.152.95$5,095
Jun 201501,91356.152.88$5,515
May 201501,81055.212.96$5,349
Apr 201501,82049.822.71$4,926
Mar 201511,89342.892.93$5,598
Feb 201521,71044.662.98$5,179
Jan 201512,51143.433.10$7,829
Dec 201412,52354.693.59$9,116
Nov 201432,24170.464.25$9,740
Oct 201411,03078.303.90$4,096
Sep 201421,98186.164.05$8,186
Aug 201402,21989.394.04$8,954
Jul 201412,60296.564.18$10,972
Jun 201402,56498.164.74$12,145
May 2014099694.734.73$4,708
Apr 201451,79495.944.81$9,107
Mar 201422,15395.895.06$11,079
Feb 201401,63297.406.19$10,105
Jan 201411,95290.404.86$9,579
Dec 201301,94791.824.35$8,478
Nov 201301,38988.853.74$5,192
Oct 201302,37797.423.78$8,984
Sep 201302,015104.113.72$7,491
Aug 201301,060104.253.52$3,734
Jul 201302,025102.523.72$7,528
Jun 201331,79094.403.93$7,324
May 201302,40294.834.15$9,966
Apr 201302,58793.964.28$11,079
Mar 201302,96293.623.91$11,590
Feb 201302,04191.233.42$6,980
Jan 201301,71791.603.42$5,872
Dec 201203,19386.773.42$10,921
Nov 201203,04486.953.62$11,034
Oct 201203,09489.383.40$10,519
Sep 201203,26694.672.92$9,531
Aug 201203,24192.662.91$9,425
Jul 201203,31285.133.02$10,005
Jun 201203,21679.822.52$8,101
May 201203,26591.612.49$8,124
Apr 201203,388101.652.00$6,765
Mar 201203,599105.052.22$7,997
Feb 201203,193101.102.57$8,207
Jan 201203,94898.092.73$10,794
Dec 201103,82196.873.24$12,379
Nov 201103,36295.723.31$11,133
Oct 201101,00684.983.65$3,670
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201004,00473.684.42$17,695
Jul 201004,65072.554.74$22,025
Jun 201004,60370.364.91$22,603
May 201005,24671.124.24$22,218
Apr 201005,39281.694.12$22,230
Mar 201006,06278.394.39$26,604
Feb 201005,37173.585.44$29,231
Jan 201005,79274.365.96$34,544
Dec 200905,98771.445.48$32,831
Nov 200906,29374.593.75$23,608
Oct 200905,79572.544.11$23,819
Sep 2009030965.543.06$947
Aug 20090067.423.22$0
Jul 2009019161.133.46$662
Jun 200903,41066.163.90$13,282
May 200901,48254.743.93$5,818
Apr 200901,46646.773.59$5,259
Mar 200903,39242.144.06$13,768
Feb 200904,37232.814.63$20,255
Jan 200908,15535.865.37$43,801
Dec 200807,12237.105.98$42,569
Nov 200807,71055.496.86$52,893
Oct 200809,18675.246.92$63,585
Sep 200809,604101.767.88$75,652
Aug 200807,455114.228.48$63,241
Jul 200809,046131.0811.39$103,029
Jun 2008010,049131.3313.03$130,965
May 2008010,262123.1711.57$118,775
Apr 200809,301110.3110.45$97,241
Mar 2008011,526101.909.66$111,388
Feb 2008012,65192.538.77$110,957
Jan 2008013,57090.388.21$111,352
Dec 2007017,87988.337.30$130,552
Nov 2007019,68491.677.29$143,530
Oct 2007022,90882.856.92$158,569
Sep 2007029,19275.846.24$182,280
Aug 2007041,01169.066.39$261,976
Jul 2007026,36070.906.39$168,386
Jun 20070062.007.55$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.

Jul 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.27 =         $0
Gas                    2 Mcf  × $  2.46 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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. 09/G/231618 is the state's own key, not one this site invented.