HUGHES GAS UNIT

Operated by SPINDLETOP OIL & GAS COMPANY (P-5 809930) in the RENO (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 86426District 7BField 75961666NGPA filingCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
401
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 83 leases and 83 wells, and the rule below applies to all of them.

Discovered
1959-03-17
as the register files it
Field class
Gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-09-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/97.

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
NGPA2none

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
CondensateDisposition1,215 bbl$54,628
GasProduction635,258 Mcf$2,406,398
Total$2,461,027

95,773 Mcf of this lease's gas, across 48 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 (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 32.9765, -97.6793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97648, -97.67928 · 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
6,127 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 6,127 ft.

Completions filed
Dec 1979
1 of 1 wells

1 well

42-367317671 C6,127 ftDec 1979

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 20260283106.413.05$862
Apr 2026086598.932.87$2,482
Mar 2026093689.753.15$2,948
Feb 2026073163.503.75$2,741
Jan 2026084859.138.00$6,782
Dec 2025099156.664.41$4,374
Nov 2025091858.593.93$3,604
Oct 2025089159.383.30$2,945
Sep 202501,00162.743.08$3,080
Aug 202501,06063.933.01$3,196
Jul 20257096666.743.32$7,874
Jun 2025099466.483.13$3,110
May 202501,06160.553.23$3,429
Apr 2025090862.363.54$3,217
Mar 2025083067.704.27$3,543
Feb 2025080270.884.34$3,481
Jan 2025097374.324.28$4,163
Dec 202401,01868.993.12$3,178
Nov 2024099769.052.20$2,192
Oct 2024093071.372.28$2,122
Sep 2024086369.612.36$2,040
Aug 2024082175.632.06$1,694
Jul 202401,04879.932.15$2,250
Jun 2024089478.082.63$2,355
May 202401,02878.812.20$2,260
Apr 202401,02084.451.66$1,692
Mar 202401,22780.301.55$1,896
Feb 202401,10376.091.78$1,967
Jan 202401,16673.023.30$3,845
Dec 2023096371.262.61$2,514
Nov 202301,37077.892.81$3,846
Oct 202301,34985.443.09$4,165
Sep 202301,49189.042.74$4,078
Aug 2023371,23880.522.67$6,288
Jul 202301,42874.852.64$3,772
Jun 202301,00568.962.26$2,270
May 202301,28570.622.23$2,862
Apr 202301,49878.122.24$3,352
Mar 202301,30772.852.39$3,128
Feb 202301,37375.112.47$3,385
Jan 202301,49376.533.39$5,058
Dec 2022201,87176.415.73$12,247
Nov 202201,48385.005.65$8,373
Oct 202201,34687.185.86$7,893
Sep 202201,68784.888.16$13,772
Aug 202201,81294.529.13$16,538
Jul 202201,736101.587.54$13,093
Jun 202201,718115.097.98$13,705
May 202201,680109.378.43$14,168
Apr 2022231,613104.226.84$13,426
Mar 202201,458108.885.08$7,401
Feb 202201,10491.054.86$5,364
Jan 202201,48181.844.54$6,720
Dec 202101,27671.323.90$4,975
Nov 2021151,26777.435.24$7,797
Oct 202101,09879.795.71$6,274
Sep 202101,17969.865.35$6,309
Aug 202101,48666.024.22$6,272
Jul 202101,02570.783.98$4,082
Jun 2021099969.493.38$3,377
May 2021096463.483.02$2,909
Apr 202101,01260.362.76$2,792
Mar 2021281,10761.302.72$4,724
Feb 202101,09757.805.55$6,086
Jan 202101,11750.412.81$3,139
Dec 202001,13944.642.68$3,047
Nov 202001,21238.772.71$3,280
Oct 202001,35036.972.48$3,346
Sep 2020381,51037.091.99$4,416
Aug 202001,45339.982.39$3,466
Jul 202001,63338.371.83$2,980
Jun 2020083934.901.69$1,418
May 202001,67116.921.81$3,032
Apr 202001,47814.751.80$2,667
Mar 202001,76630.341.86$3,278
Feb 202001,62849.881.98$3,225
Jan 202001,77857.252.09$3,724
Dec 2019361,43059.012.30$5,420
Nov 2019097755.302.75$2,687
Oct 2019099053.472.42$2,394
Sep 2019086855.052.66$2,307
Aug 2019073653.112.30$1,696
Jul 2019097356.272.46$2,394
Jun 201901,02852.782.49$2,561
May 201901,43558.482.74$3,932
Apr 2019311,54762.632.75$6,197
Mar 201901,64556.803.06$5,037
Feb 201901,61450.852.79$4,507
Jan 201901,75446.033.23$5,662
Dec 2018471,78146.594.19$9,644
Nov 201801,81352.934.24$7,682
Oct 201801,90961.443.40$6,487
Sep 201801,63359.543.11$5,075
Aug 201801,83459.403.07$5,624
Jul 201802,22765.142.93$6,529
Jun 201801,90560.183.08$5,862
May 2018221,93865.382.90$7,060
Apr 201801,88363.842.90$5,462
Mar 201801,90761.222.79$5,315
Feb 2018921,74261.782.77$10,502
Jan 201801,88462.874.01$7,554
Dec 201701,96257.272.92$5,732
Nov 201701,84655.423.12$5,756
Oct 201701,99549.292.98$5,952
Sep 201701,93047.523.09$5,958
Aug 201702,24545.373.00$6,745
Jul 201702,27243.873.09$7,014
Jun 201702,26542.493.09$6,993
May 201702,13545.373.26$6,967
Apr 201702,03447.933.21$6,532
Mar 201702,12046.772.98$6,325
Feb 201702,05750.452.95$6,074
Jan 201701,32949.413.42$4,544
Dec 20160048.763.72$0
Nov 2016010042.492.64$264
Oct 201602,18046.193.09$6,737
Sep 201602,16641.553.10$6,716
Aug 201602,28541.442.92$6,682
Jul 201602,22041.622.92$6,492
Jun 201602,61945.352.69$7,034
May 201602,35342.521.99$4,685
Apr 201602,47636.561.99$4,930
Mar 201602,46133.011.79$4,415
Feb 201602,36226.472.06$4,874
Jan 201602,26427.352.36$5,353
Dec 201502,57432.362.00$5,152
Nov 201502,39438.792.17$5,189
Oct 201502,70043.552.43$6,552
Sep 201502,54342.992.76$7,015
Aug 201502,82440.162.87$8,112
Jul 201502,74248.152.95$8,075
Jun 201503,02356.152.88$8,715
May 201502,48555.212.96$7,344
Apr 201502,50149.822.71$6,769
Mar 201502,36742.892.93$6,946
Feb 201502,36744.662.98$7,045
Jan 201502,63043.433.10$8,155
Dec 201402,67554.693.59$9,607
Nov 201402,22270.464.25$9,448
Oct 201402,42078.303.90$9,440
Sep 201402,44986.164.05$9,907
Aug 201402,39789.394.04$9,672
Jul 201402,33496.564.18$9,755
Jun 201402,59198.164.74$12,273
May 201402,87994.734.73$13,608
Apr 201401,37995.944.81$6,632
Mar 201404995.895.06$248
Feb 201406997.406.19$427
Jan 201403990.404.86$190
Dec 2013036691.824.35$1,594
Nov 201301,48388.853.74$5,544
Oct 201302,25297.423.78$8,511
Sep 201301,643104.113.72$6,108
Aug 201301,438104.253.52$5,066
Jul 201301,330102.523.72$4,945
Jun 2013096194.403.93$3,780
May 2013082494.834.15$3,419
Apr 201302,23093.964.28$9,550
Mar 201302,94093.623.91$11,504
Feb 201301,66291.233.42$5,684
Jan 201302,01791.603.42$6,898
Dec 201201,18186.773.42$4,039
Nov 201201,56386.953.62$5,666
Oct 201201,45389.383.40$4,940
Sep 201201,44894.672.92$4,226
Aug 201201,26892.662.91$3,688
Jul 201201,34985.133.02$4,075
Jun 201201,33079.822.52$3,350
May 201202,04291.612.49$5,081
Apr 201202,055101.652.00$4,103
Mar 201201,270105.052.22$2,822
Feb 201201,774101.102.57$4,560
Jan 201201,35098.092.73$3,691
Dec 2011077396.873.24$2,504
Nov 201102,02695.723.31$6,709
Oct 201101,78784.983.65$6,520
Sep 201102,63883.623.99$10,515
Aug 201102,27683.404.15$9,444
Jul 201101,96394.144.52$8,867
Jun 201102,06992.904.64$9,600
May 2011152,02198.134.40$10,374
Apr 201101,981105.964.33$8,584
Mar 201101,99196.364.06$8,078
Feb 201101,41985.644.18$5,931
Jan 201102,35786.504.59$10,816
Dec 201002,80685.734.35$12,200
Nov 201002,07880.843.80$7,887
Oct 201002,13978.103.51$7,506
Sep 201002,35172.633.98$9,356
Aug 201002,27573.684.42$10,054
Jul 201002,44772.554.74$11,590
Jun 2010059570.364.91$2,922
May 2010078571.124.24$3,325
Apr 201001,17781.694.12$4,852
Mar 201001,40378.394.39$6,157
Feb 201001,67973.585.44$9,138
Jan 2010095874.365.96$5,714
Dec 200901,06171.445.48$5,818
Nov 200901,60374.593.75$6,014
Oct 200901,43172.544.11$5,882
Sep 200901,90465.543.06$5,835
Aug 200901,98967.423.22$6,402
Jul 200902,02661.133.46$7,019
Jun 200902,08866.163.90$8,133
May 200901,80154.743.93$7,070
Apr 200901,66746.773.59$5,980
Mar 200902,43642.144.06$9,888
Feb 200901,56132.814.63$7,232
Jan 200901,93435.865.37$10,388
Dec 200802,33637.105.98$13,963
Nov 200802,35055.496.86$16,122
Oct 200801,90675.246.92$13,193
Sep 200801,759101.767.88$13,856
Aug 200802,008114.228.48$17,034
Jul 200802,690131.0811.39$30,638
Jun 200802,103131.3313.03$27,408
May 200802,893123.1711.57$33,484
Apr 20081061,899110.3110.45$31,547
Mar 200801,998101.909.66$19,309
Feb 200801,88392.538.77$16,515
Jan 200801,75190.388.21$14,368
Dec 200702,03088.337.30$14,823
Nov 20070091.677.29$0
Oct 200702,37082.856.92$16,405
Sep 200701,64575.846.24$10,272
Aug 200702,11969.066.39$13,536
Jul 200701,96970.906.39$12,578
Jun 200701,93862.007.55$14,629
May 200702,40358.747.85$18,855
Apr 200702,07259.617.81$16,172
Mar 200702,29456.927.30$16,751
Feb 200701,93955.108.22$15,931
Jan 200702,19950.306.73$14,792
Dec 200601,70756.656.92$11,810
Nov 200601,94354.207.62$14,801
Oct 200601,97854.906.01$11,895
Sep 200601,78460.085.04$8,986
Aug 200601,66068.717.34$12,184
Jul 200601,51869.376.34$9,628
Jun 200601,78566.286.38$11,395
May 200601,79366.016.42$11,520
Apr 200601,92464.397.36$14,162
Mar 200602,22856.707.08$15,781
Feb 200601,62557.597.75$12,596
Jan 200601,26560.598.93$11,301
Dec 200502,64554.9413.42$35,484
Nov 200502,40854.6910.59$25,497
Oct 200502,45358.3413.80$33,841
Sep 200502,24661.4512.08$27,129
Aug 200501,94961.519.80$19,094
Jul 200501,49555.697.84$11,726
Jun 200501,94752.337.38$14,371
May 200501,94145.226.65$12,910
Apr 200502,14449.207.36$15,781
Mar 200502,35050.377.15$16,814
Feb 200501,97345.226.31$12,453
Jan 200502,47743.166.32$15,660
Dec 200402,42639.866.75$16,378
Nov 200401,92845.286.33$12,205
Oct 200401,16349.706.52$7,577
Sep 200401,37043.245.28$7,239
Aug 200401,68642.375.55$9,358
Jul 200402,57538.286.08$15,667
Jun 200401,88136.106.43$12,101
May 200402,04737.486.49$13,294
Apr 200401,72334.475.86$10,094
Mar 200402,02634.365.53$11,204
Feb 200402,05532.455.51$11,322
Jan 200402,22532.036.30$14,017
Dec 200302,86330.266.30$18,042
Nov 2003059628.804.60$2,739
Oct 200304328.174.76$205
Sep 200301626.314.75$76
Aug 2003055829.765.13$2,862
Jul 200301,78629.415.17$9,235
Jun 200301,08628.565.98$6,497
May 200301,30726.595.97$7,806
Apr 2003089426.675.41$4,834
Mar 200301,35231.146.10$8,242
Feb 2003088433.487.93$7,006
Jan 200301,17330.315.58$6,548
Dec 200201,27026.914.85$6,164
Nov 200201,39624.664.14$5,775
Oct 200201,69126.464.23$7,151
Sep 200201,84927.443.64$6,721
Aug 2002012525.963.16$396
Jul 20020224.583.06$6
Jun 2002038123.733.34$1,272
May 2002097424.663.58$3,491
Apr 200201,07923.653.51$3,790
Mar 200201,26922.003.10$3,937
Feb 2002062518.222.38$1,485
Jan 20020017.172.38$0
Dec 2001064816.932.36$1,532
Nov 2001074118.072.41$1,782
Oct 2001082719.782.53$2,091
Sep 2001089424.262.25$2,013
Aug 200101,02824.873.05$3,139
Jul 2001098023.933.20$3,133
Jun 200101,01924.563.82$3,897
May 200101,24825.524.31$5,376
Apr 200101,38224.685.34$7,373
Mar 200101,96524.545.38$10,565
Feb 200101,23927.755.77$7,145
Jan 20011161,03127.478.40$11,846
Dec 2000074526.889.12$6,796
Nov 2000078632.215.66$4,447
Oct 2000078931.235.15$4,060
Sep 2000088831.875.19$4,606
Aug 2000090029.644.54$4,087
Jul 2000091028.534.09$3,722
Jun 2000086529.304.40$3,804
May 2000097327.263.68$3,580
Apr 200001,29124.513.12$4,023
Mar 200001,39128.422.86$3,978
Feb 200001,13127.622.73$3,084
Jan 2000083425.272.48$2,069
Dec 1999090324.282.42$2,189
Nov 1999081023.192.43$1,972
Oct 1999094420.982.80$2,647
Sep 1999095521.752.62$2,501
Aug 19991021,08019.262.88$5,070
Jul 1999093817.892.37$2,225
Jun 1999086615.942.36$2,046
May 1999095115.792.32$2,207
Apr 1999096315.102.21$2,126
Mar 1999094312.471.84$1,734
Feb 199908809.981.82$1,600
Jan 1999094510.381.90$1,795
Dec 199807709.201.77$1,365
Nov 1998086010.892.19$1,880
Oct 1998092512.421.97$1,822
Sep 1998091412.592.08$1,904
Aug 1998093111.301.91$1,776
Jul 1998090111.742.24$2,016
Jun 1998096911.242.24$2,168
May 199801,16512.622.21$2,570
Apr 199801,09613.042.51$2,746
Mar 199801,24812.802.31$2,882
Feb 199801,28213.952.30$2,947
Jan 199801,30614.702.15$2,814
Dec 199701,75616.322.41$4,234
Nov 199701,44118.193.09$4,450
Oct 1997090619.253.15$2,854
Sep 1997091917.742.95$2,716
Aug 1997099517.862.55$2,542
Jul 199701,09817.582.25$2,467
Jun 199701,21117.242.26$2,733
May 199701,42318.972.31$3,285
Apr 199701,15017.882.08$2,395
Mar 199701,69618.951.94$3,289
Feb 199701,69720.492.21$3,743
Jan 1997581,47523.483.54$6,583
Dec 1996099523.32$0
Nov 1996090021.97$0
Oct 199601,08623.31$0
Sep 199601,08022.22$0
Aug 199601,14720.26$0
Jul 199601,31419.55$0
Jun 199601,37218.73$0
May 199601,37919.43$0
Apr 199601,21221.51$0
Mar 199601,28519.38$0
Feb 199601,22216.98$0
Jan 199601,48317.07$0
Dec 1995871,64017.19$1,496
Nov 199501,43916.00$0
Oct 199501,70315.43$0
Sep 199501,62816.18$0
Aug 199501,83715.92$0
Jul 199502,03315.24$0
Jun 199501,73716.41$0
May 199501,76817.56$0
Apr 199501,85817.73$0
Mar 199502,08316.44$0
Feb 199501,95616.58$0
Jan 199502,63415.92$0
Dec 199402,48515.03$0
Nov 199401,89015.90$0
Oct 1994462,64115.58$717
Sep 199402,51615.29$0
Aug 199402,43916.13$0
Jul 199402,57417.56$0
Jun 199402,35517.09$0
May 199402,45315.88$0
Apr 1994732,42814.14$1,032
Mar 199402,51512.46$0
Feb 199402,25012.50$0
Jan 199402,31612.66$0
Dec 199302,57312.33$0
Nov 199302,74714.49$0
Oct 199302,68515.85$0
Sep 1993662,68815.03$992
Aug 199302,39915.66$0
Jul 199302,72815.46$0
Jun 199302,55116.79$0
May 199302,71617.68$0
Apr 199302,29418.05$0
Mar 199302,26418.14$0
Feb 199302,13417.90$0
Jan 1993872,34116.93$1,473

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                  283 Mcf  × $  3.05 =       $862

────────────────────────────────────────────────────
Month total                                     $862

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. 7B/G/86426 is the state's own key, not one this site invented.