LAUREL MINERAL ESTATE

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the JENNINGS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207268District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.3 M
Jun 2004 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
264
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1998-09-22
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas222006-04-12 – 2007-03-262 dockets
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition1,914 bbl$120,053
GasProduction2,756,227 Mcf$15,140,746
Total$15,260,799

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.1972, -99.1507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19724, -99.15074 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,195 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,195 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-50534905112,195 ftApr 2005

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (264)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

264 months

May 202602,108106.413.05$6,421
Apr 202602,08298.932.87$5,975
Mar 2026162,24889.753.15$8,516
Feb 2026281,96063.503.75$9,129
Jan 202601,97859.138.00$15,820
Dec 2025302,15056.664.41$11,189
Nov 202502,48958.593.93$9,773
Oct 202501,87959.383.30$6,210
Sep 2025302,19062.743.08$8,621
Aug 202502,19463.933.01$6,614
Jul 202502,11666.743.32$7,015
Jun 2025342,14166.483.13$8,959
May 202502,39460.553.23$7,738
Apr 202502,29862.363.54$8,142
Mar 202502,97167.704.27$12,681
Feb 2025332,00770.884.34$11,051
Jan 202502,37974.324.28$10,179
Dec 202402,32768.993.12$7,263
Nov 2024242,14469.052.20$6,371
Oct 202401,91071.372.28$4,357
Sep 202402,05569.612.36$4,859
Aug 2024312,18575.632.06$6,854
Jul 2024122,27679.932.15$5,845
Jun 202402,04878.082.63$5,394
May 202402,04778.812.20$4,500
Apr 202401,95584.451.66$3,244
Mar 2024252,01380.301.55$5,118
Feb 202401,95476.091.78$3,485
Jan 202402,22873.023.30$7,347
Dec 2023212,07971.262.61$6,924
Nov 2023162,44577.892.81$8,111
Oct 202302,37785.443.09$7,338
Sep 2023312,23089.042.74$8,859
Aug 202302,39680.522.67$6,404
Jul 2023362,29174.852.64$8,747
Jun 202302,37068.962.26$5,353
May 202302,73470.622.23$6,090
Apr 202302,82678.122.24$6,324
Mar 2023303,06372.852.39$9,516
Feb 2023262,76675.112.47$8,773
Jan 202302,87176.533.39$9,726
Dec 202202,88676.415.73$16,534
Nov 202202,68685.005.65$15,166
Oct 2022232,36387.185.86$15,861
Sep 202202,45684.888.16$20,050
Aug 2022212,41194.529.13$23,991
Jul 202202,648101.587.54$19,971
Jun 202202,625115.097.98$20,940
May 202202,571109.378.43$21,681
Apr 202202,626104.226.84$17,956
Mar 202203,032108.885.08$15,392
Feb 202202,42891.054.86$11,797
Jan 2022292,85081.844.54$15,306
Dec 202103,07571.323.90$11,990
Nov 202102,72377.435.24$14,260
Oct 202102,92379.795.71$16,702
Sep 2021362,75369.865.35$17,246
Aug 202102,50566.024.22$10,573
Jul 202102,57470.783.98$10,250
Jun 202102,46269.493.38$8,323
May 2021332,22063.483.02$8,794
Apr 2021762,19960.362.76$10,653
Mar 202102,34461.302.72$6,369
Feb 202102,12457.805.55$11,784
Jan 202102,54450.412.81$7,149
Dec 2020392,54244.642.68$8,542
Nov 202002,83738.772.71$7,679
Oct 202002,86936.972.48$7,111
Sep 2020373,77537.091.99$8,889
Aug 202004,48239.982.39$10,690
Jul 202004,67538.371.83$8,532
Jun 202004,58834.901.69$7,755
May 202004,73116.921.81$8,586
Apr 20201324,55314.751.80$10,162
Mar 202004,90830.341.86$9,110
Feb 202004,27949.881.98$8,475
Jan 202004,75657.252.09$9,963
Dec 201905,06359.012.30$11,667
Nov 201904,98855.302.75$13,720
Oct 2019344,95053.472.42$13,790
Sep 201905,01455.052.66$13,324
Aug 201905,39153.112.30$12,423
Jul 2019436,25756.272.46$17,812
Jun 201903,78652.782.49$9,432
May 201905,26458.482.74$14,425
Apr 201905,85162.632.75$16,094
Mar 2019246,63256.803.06$21,671
Feb 201905,84850.852.79$16,329
Jan 2019493,33046.033.23$13,005
Dec 201803,25546.594.19$13,624
Nov 201803,27252.934.24$13,864
Oct 201802,95361.443.40$10,035
Sep 201803,28059.543.11$10,194
Aug 201804,37859.403.07$13,425
Jul 201806,47065.142.93$18,969
Jun 201806,98560.183.08$21,492
May 2018229,12265.382.90$27,899
Apr 2018212,75563.842.90$9,332
Mar 201803,58861.222.79$9,999
Feb 2018173,02061.782.77$9,404
Jan 2018183,47762.874.01$15,072
Dec 201703,42657.272.92$10,009
Nov 2017173,50855.423.12$11,881
Oct 201703,76549.292.98$11,234
Sep 2017183,41747.523.09$11,405
Aug 201703,42845.373.00$10,299
Jul 2017193,47143.873.09$11,549
Jun 201703,44342.493.09$10,630
May 2017193,48145.373.26$12,222
Apr 2017203,47847.933.21$12,129
Mar 201703,51946.772.98$10,500
Feb 2017472,85950.452.95$10,813
Jan 201703,16649.413.42$10,824
Dec 2016503,93448.763.72$17,084
Nov 201604,47942.492.64$11,844
Oct 201605,13946.193.09$15,881
Sep 2016284,55441.553.10$15,284
Aug 2016284,68241.442.92$14,852
Jul 201604,75741.622.92$13,911
Jun 201604,51645.352.69$12,129
May 2016215,04242.521.99$10,932
Apr 2016134,80536.561.99$10,042
Mar 2016464,43333.011.79$9,471
Feb 201604,45426.472.06$9,191
Jan 2016114,98727.352.36$12,092
Dec 2015144,70232.362.00$9,864
Nov 201504,77438.792.17$10,347
Oct 201505,69043.552.43$13,807
Sep 201504,43942.992.76$12,245
Aug 201505,13440.162.87$14,747
Jul 2015105,47548.152.95$16,606
Jun 2015125,74156.152.88$17,224
May 201504,82055.212.96$14,245
Apr 201505,19349.822.71$14,055
Mar 201505,97742.892.93$17,541
Feb 201555,37344.662.98$16,214
Jan 201504,48343.433.10$13,900
Dec 2014165,51454.693.59$20,678
Nov 201475,19270.464.25$22,569
Oct 201405,46978.303.90$21,334
Sep 2014125,58186.164.05$23,612
Aug 201406,24389.394.04$25,191
Jul 2014275,47296.564.18$25,478
Jun 201405,53098.164.74$26,195
May 2014205,65394.734.73$28,614
Apr 201475,49395.944.81$27,088
Mar 2014325,92895.895.06$33,045
Feb 201455,38097.406.19$33,800
Jan 2014186,10490.404.86$31,297
Dec 201305,94991.824.35$25,905
Nov 201385,90988.853.74$22,800
Oct 201306,11697.423.78$23,115
Sep 201386,046104.113.72$23,310
Aug 201326,843104.253.52$24,314
Jul 2013135,797102.523.72$22,885
Jun 201306,04594.403.93$23,777
May 2013126,46894.834.15$27,974
Apr 201376,54993.964.28$28,704
Mar 201306,64593.623.91$26,001
Feb 201396,09391.233.42$21,659
Jan 201366,74191.603.42$23,603
Dec 2012266,62086.773.42$24,897
Nov 201206,56586.953.62$23,798
Oct 201206,55489.383.40$22,282
Sep 201206,82294.672.92$19,909
Aug 2012677,21892.662.91$27,199
Jul 201208,71585.133.02$26,326
Jun 201205,94979.822.52$14,986
May 201206,90191.612.49$17,172
Apr 201207,620101.652.00$15,216
Mar 201208,805105.052.22$19,565
Feb 201205,382101.102.57$13,833
Jan 201207,18798.092.73$19,650
Dec 201108,21496.873.24$26,611
Nov 201108,01395.723.31$26,533
Oct 201108,44984.983.65$30,827
Sep 201109,59083.623.99$38,224
Aug 201106,34183.404.15$26,311
Jul 201106,52094.144.52$29,452
Jun 201108,25092.904.64$38,279
May 201109,14798.134.40$40,291
Apr 201107,480105.964.33$32,413
Mar 201108,87496.364.06$36,005
Feb 2011137,90685.644.18$34,160
Jan 201109,32886.504.59$42,804
Dec 2010109,35185.734.35$41,513
Nov 2010108,82780.843.80$34,310
Oct 2010119,64678.103.51$34,706
Sep 2010810,10972.633.98$40,810
Aug 201039,80273.684.42$43,540
Jul 201009,70872.554.74$45,982
Jun 201009,58770.364.91$47,076
May 2010010,45071.124.24$44,258
Apr 2010010,34981.694.12$42,666
Mar 2010011,17178.394.39$49,026
Feb 2010010,38273.585.44$56,503
Jan 2010010,89874.365.96$64,997
Dec 2009010,72971.445.48$58,835
Nov 2009010,78174.593.75$40,445
Oct 2009012,34772.544.11$50,749
Sep 2009011,76665.543.06$36,060
Aug 2009012,96967.423.22$41,741
Jul 2009312,55961.133.46$43,694
Jun 2009311,45066.163.90$44,796
May 2009310,13554.743.93$39,952
Apr 2009311,62546.773.59$41,845
Mar 2009613,94442.144.06$56,852
Feb 2009312,22532.814.63$56,737
Jan 2009714,89035.865.37$80,225
Dec 20081612,09437.105.98$72,881
Nov 20081013,51055.496.86$93,238
Oct 20081413,43575.246.92$94,050
Sep 20081314,257101.767.88$113,627
Aug 20081014,086114.228.48$120,634
Jul 20081114,086131.0811.39$161,873
Jun 2008014,739131.3313.03$192,088
May 2008015,285123.1711.57$176,913
Apr 2008014,577110.3110.45$152,400
Mar 2008016,035101.909.66$154,963
Feb 2008015,75692.538.77$138,189
Jan 2008017,19290.388.21$141,073
Dec 2007018,96688.337.30$138,489
Nov 2007018,43791.677.29$134,437
Oct 2007021,41582.856.92$148,234
Sep 2007022,15275.846.24$138,321
Aug 2007023,96869.066.39$153,106
Jul 2007027,09770.906.39$173,094
Jun 2007028,49662.007.55$215,101
May 2007032,29658.747.85$253,403
Apr 2007032,25059.617.81$251,718
Mar 2007030,33456.927.30$221,498
Feb 200704,24655.108.22$34,885
Jan 2007022,16350.306.73$149,087
Dec 2006024,00756.656.92$166,091
Nov 2006028,36254.207.62$216,047
Oct 2006035,81654.906.01$215,390
Sep 2006048,02460.085.04$241,906
Aug 2006081,61068.717.34$599,011
Jul 2006049,49969.376.34$313,960
Jun 20060066.286.38$0
May 200601,61866.016.42$10,396
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005034,90750.377.15$249,755
Feb 2005046,96445.226.31$296,433
Jan 2005055,61743.166.32$351,622
Dec 2004066,60539.866.75$449,656
Nov 2004069,17745.286.33$437,919
Oct 2004086,97249.706.52$566,631
Sep 20040110,96243.245.28$586,312
Aug 20040139,61242.375.55$774,939
Jul 20040179,98738.286.08$1,095,073
Jun 20040171,03636.106.43$1,100,278

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,108 Mcf  × $  3.05 =     $6,421

────────────────────────────────────────────────────
Month total                                   $6,421

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/207268 is the state's own key, not one this site invented.