HUBBARD ENTERPRISES 57-T1-32
HUBBARD ENTERPRISES 57-T1-32 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 4,156,389 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.9M, with roughly $924K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 15,656 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 68,647 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HUBBARD ENTERPRISES 57-T1-32
- Who operates HUBBARD ENTERPRISES 57-T1-32?
- HUBBARD ENTERPRISES 57-T1-32 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is HUBBARD ENTERPRISES 57-T1-32?
- HUBBARD ENTERPRISES 57-T1-32 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 273718.
- Is HUBBARD ENTERPRISES 57-T1-32 still producing?
- HUBBARD ENTERPRISES 57-T1-32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUBBARD ENTERPRISES 57-T1-32 is August 2026.
- How much has HUBBARD ENTERPRISES 57-T1-32 produced?
- HUBBARD ENTERPRISES 57-T1-32 has reported 4,156,389 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
- How much is HUBBARD ENTERPRISES 57-T1-32 worth?
- The remaining production from HUBBARD ENTERPRISES 57-T1-32 is estimated to be worth about $4.9M in total as of 27 August 2026, within a range of $4.1M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUBBARD ENTERPRISES 57-T1-32 is a fraction of it. The estimate fits an Arps decline curve to the production HUBBARD ENTERPRISES 57-T1-32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUBBARD ENTERPRISES 57-T1-32 is an estimate of value, not an offer and not an appraisal.
- How much income does HUBBARD ENTERPRISES 57-T1-32 generate in a year?
- HUBBARD ENTERPRISES 57-T1-32 is forecast to net about $924K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUBBARD ENTERPRISES 57-T1-32 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 273718 |
| Wellbores | 1 |
| Reported production | 4,156,389 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where HUBBARD ENTERPRISES 57-T1-32 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.