HUBBERD TRUST
HUBBERD TRUST is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Ricochet Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2006 to August 2026, totalling 941,961 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 $168K, with roughly $25K 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 1,130 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 3,303 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HUBBERD TRUST
- Who operates HUBBERD TRUST?
- HUBBERD TRUST is operated by Ricochet Energy, Inc., Railroad Commission of Texas operator number 710549.
- Where is HUBBERD TRUST?
- HUBBERD TRUST is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 224997.
- Is HUBBERD TRUST still producing?
- HUBBERD TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUBBERD TRUST is August 2026.
- How much has HUBBERD TRUST produced?
- HUBBERD TRUST has reported 941,961 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2006 and August 2026, from 1 wellbore.
- How much is HUBBERD TRUST worth?
- The remaining production from HUBBERD TRUST is estimated to be worth about $168K in total as of 26 August 2026, within a range of $139K to $196K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUBBERD TRUST is a fraction of it. The estimate fits an Arps decline curve to the production HUBBERD TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUBBERD TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does HUBBERD TRUST generate in a year?
- HUBBERD TRUST is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUBBERD TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ricochet Energy, Inc. |
|---|---|
| Field | Hubberd (Lobo) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 224997 |
| Wellbores | 1 |
| Reported production | 941,961 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $168K |
Where HUBBERD TRUST 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.