LAUREL, O. M. 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 208274District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.7 M
Jan 2005 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
257
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 Gas112005-09-08162136
NGPA1none

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
CondensateDisposition3,725 bbl$202,482
GasProduction2,879,017 Mcf$19,504,937
Total$19,707,419

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 27.1850, -99.1476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18501, -99.14765 · 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
11,930 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 11,930 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-50535150211,930 ftFeb 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 (257)

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

257 months

May 202608,454106.413.05$25,750
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201807259.543.11$224
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017038745.373.26$1,263
Apr 20170847.933.21$26
Mar 20170046.772.98$0
Feb 20170250.452.95$6
Jan 201701,74249.413.42$5,956
Dec 201605,72848.763.72$21,324
Nov 201605,91142.492.64$15,631
Oct 201606,33146.193.09$19,564
Sep 201616,36441.553.10$19,774
Aug 201605,78541.442.92$16,917
Jul 201605,89141.622.92$17,227
Jun 201605,69945.352.69$15,307
May 201606,08942.521.99$12,123
Apr 201605,41436.561.99$10,779
Mar 201625,81133.011.79$10,491
Feb 201606,27726.472.06$12,953
Jan 201656,29327.352.36$15,016
Dec 201506,04432.362.00$12,097
Nov 201506,41838.792.17$13,910
Oct 201506,68843.552.43$16,229
Sep 201556,62942.992.76$18,501
Aug 201516,31140.162.87$18,168
Jul 201507,07048.152.95$20,822
Jun 201526,85356.152.88$19,869
May 201507,16955.212.96$21,188
Apr 2015135,83549.822.71$16,441
Mar 201508,14142.892.93$23,891
Feb 2015388,73044.662.98$27,679
Jan 201578,48743.433.10$26,619
Dec 201406,30454.693.59$22,640
Nov 201406,97170.464.25$29,640
Oct 201402,87978.303.90$11,231
Sep 2014888186.164.05$4,253
Aug 201407,30989.394.04$29,493
Jul 201408,01596.564.18$33,499
Jun 201406,60898.164.74$31,301
May 201406,29594.734.73$29,754
Apr 201417,28795.944.81$35,140
Mar 201408,00795.895.06$40,490
Feb 201406,88997.406.19$42,657
Jan 201406,62690.404.86$32,207
Dec 201305,81991.824.35$25,339
Nov 201317,37188.853.74$27,644
Oct 201308,22097.423.78$31,066
Sep 201307,153104.113.72$26,593
Aug 201317,085104.253.52$25,062
Jul 201307,597102.523.72$28,244
Jun 201317,13594.403.93$28,159
May 201308,18694.834.15$33,964
Apr 201307,85193.964.28$33,623
Mar 201318,24093.623.91$32,336
Feb 201308,54291.233.42$29,213
Jan 201308,52091.603.42$29,138
Dec 201208,31286.773.42$28,428
Nov 201218,69686.953.62$31,610
Oct 201207,59089.383.40$25,804
Sep 201207,20594.672.92$21,027
Aug 201208,96792.662.91$26,077
Jul 201219,00785.133.02$27,293
Jun 201209,97579.822.52$25,127
May 2012011,21391.612.49$27,902
Apr 201208,887101.652.00$17,746
Mar 201209,180105.052.22$20,399
Feb 201209,564101.102.57$24,582
Jan 201208,53798.092.73$23,341
Dec 201108,87196.873.24$28,740
Nov 201107,64795.723.31$25,321
Oct 201107,25484.983.65$26,467
Sep 201109,17583.623.99$36,570
Aug 2011012,05383.404.15$50,012
Jul 201107,29194.144.52$32,935
Jun 20111219,07892.904.64$53,362
May 2011014,80898.134.40$65,227
Apr 201108,922105.964.33$38,662
Mar 201109,03896.364.06$36,670
Feb 201118,28985.644.18$34,733
Jan 201109,64586.504.59$44,259
Dec 2010010,74385.734.35$46,708
Nov 201008,32080.843.80$31,577
Oct 2010210,54578.103.51$37,157
Sep 2010011,21472.633.98$44,626
Aug 2010011,69373.684.42$51,676
Jul 2010311,87572.554.74$56,463
Jun 2010012,29170.364.91$60,354
May 2010211,85171.124.24$50,334
Apr 201008,34581.694.12$34,404
Mar 2010110,66978.394.39$46,901
Feb 2010110,39373.585.44$56,636
Jan 2010010,26874.365.96$61,239
Dec 200929,70971.445.48$53,385
Nov 2009012,66074.593.75$47,494
Oct 2009114,04172.544.11$57,785
Sep 2009011,42265.543.06$35,006
Aug 2009012,70067.423.22$40,875
Jul 2009315,10061.133.46$52,497
Jun 2009011,34666.163.90$44,193
May 2009013,44254.743.93$52,770
Apr 2009113,13446.773.59$47,165
Mar 2009113,51742.144.06$54,908
Feb 2009412,40232.814.63$57,590
Jan 2009012,65635.865.37$67,975
Dec 2008013,23737.105.98$79,119
Nov 2008011,10155.496.86$76,157
Oct 2008010,63675.246.92$73,622
Sep 2008010,692101.767.88$84,222
Aug 2008011,753114.228.48$99,701
Jul 2008015,019131.0811.39$171,058
Jun 2008017,236131.3313.03$224,630
May 2008018,406123.1711.57$213,036
Apr 2008017,375110.3110.45$181,653
Mar 2008121,067101.909.66$203,695
Feb 2008023,08192.538.77$202,434
Jan 2008013,49690.388.21$110,745
Dec 2007015,02988.337.30$109,741
Nov 2007019,46091.677.29$141,896
Oct 2007013,92682.856.92$96,395
Sep 200716420,27675.846.24$139,044
Aug 2007123,35869.066.39$149,279
Jul 2007024,69870.906.39$157,769
Jun 2007325,02162.007.55$189,056
May 2007025,48258.747.85$199,939
Apr 2007125,33359.617.81$197,789
Mar 2007028,01056.927.30$204,528
Feb 2007025,99455.108.22$213,567
Jan 200712029,96550.306.73$207,606
Dec 2006031,95056.656.92$221,044
Nov 2006033,66654.207.62$256,450
Oct 2006034,56354.906.01$207,855
Sep 2006133,03160.085.04$166,444
Aug 2006033,86268.717.34$248,544
Jul 200617740,37969.376.34$268,393
Jun 2006641,25366.286.38$263,752
May 2006046,70766.016.42$300,092
Apr 2006049,91064.397.36$367,362
Mar 2006058,14456.707.08$411,829
Feb 2006845,47757.597.75$352,958
Jan 200618052,65260.598.93$481,263
Dec 2005164,69054.9413.42$867,897
Nov 2005052,34354.6910.59$554,229
Oct 200517050,10458.3413.80$701,141
Sep 2005160,02261.4512.08$725,067
Aug 200516885,28361.519.80$845,838
Jul 2005179115,40455.697.84$915,156
Jun 2005173113,05952.337.38$843,546
May 2005332148,13045.226.65$1,000,249
Apr 2005355169,55049.207.36$1,265,435
Mar 2005922119,64850.377.15$902,508
Feb 200553081,30745.226.31$537,170
Jan 2005026,26943.166.32$166,078

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                8,454 Mcf  × $  3.05 =    $25,750

────────────────────────────────────────────────────
Month total                                  $25,750

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/208274 is the state's own key, not one this site invented.