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 209473District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Dec 2004 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
258
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 Gas222005-09-08 – 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
CondensateDisposition2,575 bbl$155,848
GasProduction640,861 Mcf$4,395,814
Total$4,551,663

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 27.2099, -99.1533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20993, -99.15326 · 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
12,000 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 12,000 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-50535051312,000 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 (258)

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

258 months

May 20260413106.413.05$1,258
Apr 2026099998.932.87$2,867
Mar 2026101,80289.753.15$6,573
Feb 2026914263.503.75$1,104
Jan 2026081559.138.00$6,518
Dec 20251362656.664.41$3,499
Nov 202501,23558.593.93$4,849
Oct 2025099959.383.30$3,302
Sep 20251756862.743.08$2,814
Aug 202501,65663.933.01$4,992
Jul 202501,38166.743.32$4,578
Jun 2025321666.483.13$875
May 2025018960.553.23$611
Apr 2025034362.363.54$1,215
Mar 2025035967.704.27$1,532
Feb 2025316570.884.34$929
Jan 2025014374.324.28$612
Dec 2024022268.993.12$693
Nov 2024181,25369.052.20$3,998
Oct 202401,85371.372.28$4,227
Sep 202401,04569.612.36$2,471
Aug 202421,35375.632.06$2,943
Jul 2024117979.932.15$464
Jun 2024015478.082.63$406
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 20232077.892.81$156
Oct 20230085.443.09$0
Sep 2023430989.042.74$1,201
Aug 2023044180.522.67$1,179
Jul 2023072574.852.64$1,915
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 20224094.529.13$378
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 2022042991.054.86$2,084
Jan 2022726681.844.54$1,780
Dec 2021028771.323.90$1,119
Nov 2021031677.435.24$1,655
Oct 2021047779.795.71$2,726
Sep 2021630969.865.35$2,073
Aug 2021045266.024.22$1,908
Jul 2021046570.783.98$1,852
Jun 2021064669.493.38$2,184
May 2021555663.483.02$1,995
Apr 20211039160.362.76$1,682
Mar 2021030961.302.72$840
Feb 2021021757.805.55$1,204
Jan 2021025350.412.81$711
Dec 2020533244.642.68$1,111
Nov 2020034538.772.71$934
Oct 2020034236.972.48$848
Sep 2020530637.091.99$795
Aug 2020078839.982.39$1,879
Jul 2020046138.371.83$841
Jun 2020049234.901.69$832
May 2020045916.921.81$833
Apr 20202739614.751.80$1,113
Mar 2020042830.341.86$794
Feb 2020042949.881.98$850
Jan 2020041857.252.09$876
Dec 2019036659.012.30$843
Nov 2019039555.302.75$1,087
Oct 2019442153.472.42$1,232
Sep 2019042555.052.66$1,129
Aug 2019054753.112.30$1,260
Jul 2019745156.272.46$1,503
Jun 2019054152.782.49$1,348
May 2019034458.482.74$943
Apr 2019036462.632.75$1,001
Mar 2019253956.803.06$1,764
Feb 2019062850.852.79$1,754
Jan 2019561246.033.23$2,206
Dec 2018055846.594.19$2,335
Nov 2018046952.934.24$1,987
Oct 2018052461.443.40$1,781
Sep 2018054459.543.11$1,691
Aug 2018058959.403.07$1,806
Jul 2018056765.142.93$1,662
Jun 2018044960.183.08$1,382
May 2018245365.382.90$1,445
Apr 2018344663.842.90$1,485
Mar 2018041761.222.79$1,162
Feb 2018442361.782.77$1,417
Jan 2018354762.874.01$2,382
Dec 2017044157.272.92$1,288
Nov 2017340655.423.12$1,432
Oct 2017056149.292.98$1,674
Sep 2017233047.523.09$1,114
Aug 2017040745.373.00$1,223
Jul 20171043.873.09$44
Jun 20170042.493.09$0
May 2017356845.373.26$1,990
Apr 2017233547.933.21$1,172
Mar 20170046.772.98$0
Feb 20174050.452.95$202
Jan 2017048649.413.42$1,662
Dec 2016430948.763.72$1,345
Nov 2016032242.492.64$851
Oct 2016036146.193.09$1,116
Sep 2016330441.553.10$1,067
Aug 2016326241.442.92$891
Jul 2016015941.622.92$465
Jun 2016076045.352.69$2,041
May 201651,26242.521.99$2,725
Apr 201611036.561.99$56
Mar 2016764833.011.79$1,394
Feb 201601,34626.472.06$2,778
Jan 2016121,24227.352.36$3,265
Dec 201531,88432.362.00$3,868
Nov 20150038.792.17$0
Oct 2015025843.552.43$626
Sep 2015094942.992.76$2,618
Aug 2015036240.162.87$1,040
Jul 201591,68348.152.95$5,390
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20147054.693.59$383
Nov 20146070.464.25$423
Oct 20140678.303.90$23
Sep 201460986.164.05$5,206
Aug 201401689.394.04$65
Jul 20140096.564.18$0
Jun 20140698.164.74$28
May 20140594.734.73$24
Apr 201401395.944.81$63
Mar 20140795.895.06$35
Feb 201401197.406.19$68
Jan 20140790.404.86$34
Dec 201301891.824.35$78
Nov 201311488.853.74$141
Oct 201305597.423.78$208
Sep 20132653104.113.72$2,636
Aug 201323900104.253.52$5,568
Jul 20133686102.523.72$2,858
Jun 2013080794.403.93$3,174
May 2013274094.834.15$3,260
Apr 2013085693.964.28$3,666
Mar 2013043093.623.91$1,683
Feb 2013095691.233.42$3,269
Jan 2013097791.603.42$3,341
Dec 2012073986.773.42$2,528
Nov 2012068986.953.62$2,498
Oct 201204289.383.40$143
Sep 201201,43194.672.92$4,176
Aug 201207592.662.91$218
Jul 201201,78985.133.02$5,404
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20120755101.652.00$1,508
Mar 20120523105.052.22$1,162
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201113994.144.52$270
Jun 201102,01792.904.64$9,359
May 201182,60898.134.40$12,273
Apr 201192,671105.964.33$12,528
Mar 201142,76796.364.06$11,612
Feb 2011122,59385.644.18$11,866
Jan 201102,74186.504.59$12,578
Dec 201042,71785.734.35$12,156
Nov 201042,69580.843.80$10,552
Oct 201052,80978.103.51$10,247
Sep 201033,04172.633.98$12,319
Aug 201032,99373.684.42$13,448
Jul 201023,32172.554.74$15,875
Jun 201022,01670.364.91$10,040
May 201023,18271.124.24$13,619
Apr 201023,08681.694.12$12,886
Mar 201023,45778.394.39$15,328
Feb 201042,93873.585.44$16,284
Jan 201043,57974.365.96$21,643
Dec 200922,08671.445.48$11,582
Nov 200933,38774.593.75$12,930
Oct 200933,56072.544.11$14,850
Sep 200963,58665.543.06$11,383
Aug 200933,84067.423.22$12,561
Jul 200924,04961.133.46$14,150
Jun 200904,25666.163.90$16,577
May 200903,95654.743.93$15,530
Apr 200903,61546.773.59$12,969
Mar 200904,45942.144.06$18,099
Feb 200904,24432.814.63$19,662
Jan 200904,99235.865.37$26,812
Dec 200804,70037.105.98$28,093
Nov 200803,53155.496.86$24,224
Oct 200804,99975.246.92$34,603
Sep 200803,819101.767.88$30,083
Aug 200804,817114.228.48$40,863
Jul 200805,189131.0811.39$59,100
Jun 200802,454131.3313.03$31,982
May 200805,098123.1711.57$59,006
Apr 200805,148110.3110.45$53,822
Mar 200805,343101.909.66$51,635
Feb 200805,10592.538.77$44,774
Jan 200805,69990.388.21$46,764
Dec 200706,20388.337.30$45,294
Nov 200706,63191.677.29$48,351
Oct 200707,90782.856.92$54,732
Sep 200708,61075.846.24$53,762
Aug 200706,51869.066.39$41,637
Jul 200705,07370.906.39$32,406
Jun 200707,23162.007.55$54,583
May 200708,27958.747.85$64,959
Apr 2007011,39259.617.81$88,917
Mar 200703,48756.927.30$25,462
Feb 200705,60355.108.22$46,034
Jan 20071802,61350.306.73$26,631
Dec 20061686,54656.656.92$54,805
Nov 20063688,02554.207.62$81,076
Oct 20063715,56654.906.01$53,841
Sep 20063027,81960.085.04$57,530
Aug 2006939,01168.717.34$72,530
Jul 20063517,64569.376.34$72,839
Jun 20067410,24466.286.38$70,301
May 20062010,86566.016.42$71,128
Apr 2006232,80564.397.36$22,127
Mar 2006316,51356.707.08$47,889
Feb 2006268,64757.597.75$68,521
Jan 2006206,08760.598.93$55,589
Dec 20051713,83854.9413.42$186,576
Nov 20053913,98254.6910.59$150,180
Oct 20052917,23058.3413.80$239,393
Sep 20051513,83161.4512.08$167,986
Aug 2005116,66161.519.80$65,933
Jul 2005017,03955.697.84$133,648
Jun 2005018,20452.337.38$134,364
May 2005022,31745.226.65$148,434
Apr 2005021,37549.207.36$157,330
Mar 2005040,62150.377.15$290,638
Feb 2005042,42745.226.31$267,796
Jan 200505,04643.166.32$31,902
Dec 2004015,12539.866.75$102,110

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                  413 Mcf  × $  3.05 =     $1,258

────────────────────────────────────────────────────
Month total                                   $1,258

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/209473 is the state's own key, not one this site invented.