HUBBARD, LARRY
HUBBARD, LARRY is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from August 2006 to August 2026, totalling 931,410 thousand cubic feet. The lease is intermittent. 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 $69K, with roughly $16K 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 615 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 6,074 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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, LARRY
- Who operates HUBBARD, LARRY?
- HUBBARD, LARRY is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is HUBBARD, LARRY?
- HUBBARD, LARRY is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 224489.
- Is HUBBARD, LARRY still producing?
- HUBBARD, LARRY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HUBBARD, LARRY is August 2026.
- How much has HUBBARD, LARRY produced?
- HUBBARD, LARRY has reported 931,410 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2006 and August 2026, from 1 wellbore.
- How much is HUBBARD, LARRY worth?
- The remaining production from HUBBARD, LARRY is estimated to be worth about $69K in total as of 26 August 2026, within a range of $54K to $84K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUBBARD, LARRY is a fraction of it. The estimate fits an Arps decline curve to the production HUBBARD, LARRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUBBARD, LARRY is an estimate of value, not an offer and not an appraisal.
- How much income does HUBBARD, LARRY generate in a year?
- HUBBARD, LARRY is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUBBARD, LARRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 224489 |
| Wellbores | 1 |
| Reported production | 931,410 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where HUBBARD, LARRY 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.