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Texas gas well

Producing

HUBBERD ESTATE A

Hubberd Estate A is a gas well in Webb County, Texas, operated by Varas Energy Operating Company, in the LA Perla (Lobo Cons.) field.

1 well

11,252mcf gas, last 12 months−50% vs prior year
Operator
Varas Energy Operating Company,
County
Webb County
Field
LA Perla (Lobo Cons.)
RRC lease
04-141057

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Where it sits

This county

Webb CountyWebbLa SalleDimmitWebb County
Webb County
Oil, last 12 months
40 bbl
Gas in Jul 2026
1,890 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Varas Energy Operating Company, took over from Hugoton Operating Company, Inc. in Jan 2025.

  • Buyer

    Buyer changed: KINDER MORGAN TEJAS PIPELINE LLC replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from gas wells on Jan 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 50% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 50% over the last 12 monthsMonthly gas production and oil for HUBBERD ESTATE A, Aug 2023 to Jul 2026. Gas output fell 50% over the last 12 months. 11,252 mcf in the 12 months through Jul 2026, against 22,713 mcf in the 12 months before.Last 12 months: 11,252 mcfmcf per monthbbl per month001,00052,000103,000154,00020Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 50% over the last 12 monthsMonthly gas production and oil for HUBBERD ESTATE A, Aug 2023 to Jul 2026. Gas output fell 50% over the last 12 months. 11,252 mcf in the 12 months through Jul 2026, against 22,713 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,00052,000103,000154,00020Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuelShare of HUBBERD ESTATE A gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuelShare of HUBBERD ESTATE A gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Apr 24: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 12,013 mcf

  • Lease fuel (1)

    11% · 1,508 mcf

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, In…Dec 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, Inc.Dec 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on HUBBERD ESTATE A
API numberWell no.Status
42-479-353107Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50May 1, 2020–
Kinder Morgan Tejas Pipeline LLCGas-well gasBuys100Jan 1, 2025–
Varas Energy Operating Company,Gas-well gasGathers100Jan 1, 2025–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jan 1, 2025
Dcp Operating Company, LPGas-well gasBuys100Dec 1, 2019Jan 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50May 1, 2020Dec 1, 2022
Bluestone Natural Res. Ii, LLCGas-well gasGathers100Dec 1, 2019Jun 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2019May 1, 2020
Flint Hills Resources, LPCondensateGathers100Jul 1, 2005Dec 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

2,280 acres on the newest permit

Check your decimal on this lease
Permits for Hubberd Estate A
API numberWell no.Acreson the permit
42-479-3531072,280

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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Estimate your royalty

36 months, newest first

Ledger for HUBBERD ESTATE A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy301,8901,6870$80.46$2.89
Jun 2026Varas Energy401,6451,4740$84.81$3.15
May 2026Varas Energy1001,8341,6360$102.13$2.94
Apr 2026Varas Energy001,2441,0900$100.32$2.77
Mar 2026Varas Energy6315254640$91.38$3.04
Feb 2026Varas Energy1201,4491,3090$64.51$3.62
Jan 2026Varas Energy402,3852,1740$60.04$7.72
Dec 2025Varas Energy102782460$57.97$4.26
Nov 2025Varas Energy00000$60.06$3.79
Oct 2025Varas Energy00000$60.89$3.19
Sep 2025Varas Energy00000$63.96$2.97
Aug 2025Varas Energy00220$64.86$2.91
Jul 2025Varas Energy20980$68.39$3.20
Jun 2025Varas Energy005754880$68.17$3.02
May 2025Varas Energy801,6851,4350$62.17$3.12
Apr 2025Varas Energy001,4701,2290$63.54$3.42
Mar 2025Varas Energy11581,8271,5930$68.24$4.12
Feb 2025Varas Energy901,7201,4080$71.53$4.19
Jan 2025Varas Energy502,0171,7200$75.74$4.13
Dec 2024Hugoton Operating601,8691,6060$70.12$3.01
Nov 2024Hugoton Operating1002,3621,9900$69.95$2.12
Oct 2024Hugoton Operating802,3372,0370$71.99$2.20
Sep 2024Hugoton Operating1203,1212,7260$70.24$2.28
Aug 2024Hugoton Operating14613,7213,2890$76.68$1.99
Jul 2024Hugoton Operating208746580$81.80$2.07
Jun 2024Hugoton Operating106054600$79.77$2.54
May 2024Hugoton Operating309347310$80.02$2.12
Apr 2024Hugoton Operating903,6533,1660$85.35$1.60
Mar 2024Hugoton Operating00900$81.28$1.49
Feb 2024Hugoton Operating00900$77.25$1.72
Jan 2024Hugoton Operating00000$74.15$3.18
Dec 2023Hugoton Operating006424880$71.90$2.52
Nov 2023Hugoton Operating00000$77.69$2.71
Oct 2023Hugoton Operating00000$85.64$2.98
Sep 2023Hugoton Operating00135710$89.43$2.64
Aug 2023Hugoton Operating307635910$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorVaras Energy Operating Company,FieldLA Perla (Lobo Cons.)CountyWebb County

Varas Energy Operating Company, in Webb County

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LA Perla (Lobo Cons.) field

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