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Texas gas well

Producing

HUBBERD ESTATE "G"

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

1 well

10,379mcf gas, last 12 months−16% vs prior year
RRC lease
04-159532

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Where it sits

This county

Webb CountyWebbLa SalleDimmitWebb County
Webb County
Oil, last 12 months
35 bbl
Gas in Jul 2026
1,322 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 16% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for HUBBERD ESTATE "G", Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 10,379 mcf in the 12 months through Jul 2026, against 12,306 mcf in the 12 months before.Last 12 months: 10,379 mcfmcf per monthbbl per month0050031,00051,50082,000102,50013Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for HUBBERD ESTATE "G", Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 10,379 mcf in the 12 months through Jul 2026, against 12,306 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050031,00051,50082,000102,50013Jan 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 "G" 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 "G" 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% · 9,636 mcf

  • Lease fuel (1)

    11% · 1,145 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 "G"
API numberWell no.Status
42-479-350312Active

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).

40 acres on the newest permit

Permits for Hubberd Estate "G"
API numberWell no.Acreson the permit
42-479-35031240

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

Estimate your royalty

36 months, newest first

Ledger for HUBBERD ESTATE "G"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy201,3221,1800$80.46$2.89
Jun 2026Varas Energy301,1149980$84.81$3.15
May 2026Varas Energy701,2171,0850$102.13$2.94
Apr 2026Varas Energy001,1339930$100.32$2.77
Mar 2026Varas Energy2352722400$91.38$3.04
Feb 2026Varas Energy1101,3131,1860$64.51$3.62
Jan 2026Varas Energy401,7951,6360$60.04$7.72
Dec 2025Varas Energy401,2881,1410$57.97$4.26
Nov 2025Varas Energy209208300$60.06$3.79
Oct 2025Varas Energy00000$60.89$3.19
Sep 2025Varas Energy00000$63.96$2.97
Aug 2025Varas Energy00540$64.86$2.91
Jul 2025Varas Energy2016150$68.39$3.20
Jun 2025Varas Energy003863280$68.17$3.02
May 2025Varas Energy601,0929300$62.17$3.12
Apr 2025Varas Energy009588010$63.54$3.42
Mar 2025Varas Energy7331,1109680$68.24$4.12
Feb 2025Varas Energy508997360$71.53$4.19
Jan 2025Varas Energy301,2901,1000$75.74$4.13
Dec 2024Hugoton Operating401,4341,2320$70.12$3.01
Nov 2024Hugoton Operating501,1029280$69.95$2.12
Oct 2024Hugoton Operating501,2641,1020$71.99$2.20
Sep 2024Hugoton Operating401,2711,1100$70.24$2.28
Aug 2024Hugoton Operating7351,4841,3120$76.68$1.99
Jul 2024Hugoton Operating107285480$81.80$2.07
Jun 2024Hugoton Operating206605020$79.77$2.54
May 2024Hugoton Operating208246450$80.02$2.12
Apr 2024Hugoton Operating401,5151,3130$85.35$1.60
Mar 2024Hugoton Operating0018380$81.28$1.49
Feb 2024Hugoton Operating0017500$77.25$1.72
Jan 2024Hugoton Operating00000$74.15$3.18
Dec 2023Hugoton Operating006665060$71.90$2.52
Nov 2023Hugoton Operating00000$77.69$2.71
Oct 2023Hugoton Operating00000$85.64$2.98
Sep 2023Hugoton Operating00120630$89.43$2.64
Aug 2023Hugoton Operating207255610$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

Varas Energy Operating Company, in Webb County

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LA Perla (Lobo Cons.) field

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