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 212238District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.5 M
Jun 2005 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
252
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 Gas222006-03-07 – 2007-05-222 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
CondensateDisposition1,647 bbl$106,481
GasProduction1,731,684 Mcf$11,382,974
Total$11,489,455

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 27.2020, -99.1546. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20196, -99.15457 · 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
10,865 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 10,865 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-50535209510,865 ftJun 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 (252)

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

252 months

May 202601,207106.413.05$3,676
Apr 202601,08298.932.87$3,105
Mar 2026101,30289.753.15$4,998
Feb 2026171,09563.503.75$5,186
Jan 202601,22759.138.00$9,813
Dec 2025181,24256.664.41$6,501
Nov 202501,47258.593.93$5,780
Oct 202501,05759.383.30$3,493
Sep 2025181,26162.743.08$5,009
Aug 202501,25263.933.01$3,774
Jul 202501,26266.743.32$4,184
Jun 2025211,21266.483.13$5,188
May 202501,41360.553.23$4,567
Apr 202501,40962.363.54$4,992
Mar 202501,63067.704.27$6,957
Feb 2025201,30170.884.34$7,065
Jan 202501,39174.324.28$5,952
Dec 202401,56968.993.12$4,897
Nov 2024161,36569.052.20$4,106
Oct 202401,31071.372.28$2,989
Sep 202401,26169.612.36$2,981
Aug 2024231,36775.632.06$4,560
Jul 202491,50179.932.15$3,941
Jun 202401,29978.082.63$3,422
May 202401,47678.812.20$3,245
Apr 202401,36784.451.66$2,268
Mar 2024241,48380.301.55$4,219
Feb 202401,41376.091.78$2,520
Jan 202401,66673.023.30$5,494
Dec 202391,56871.262.61$4,735
Nov 202371,41377.892.81$4,512
Oct 202301,36185.443.09$4,202
Sep 2023141,20889.042.74$4,550
Aug 202301,42580.522.67$3,809
Jul 2023161,47074.852.64$5,081
Jun 202301,41868.962.26$3,203
May 202301,60770.622.23$3,579
Apr 202301,53078.122.24$3,424
Mar 2023171,74172.852.39$5,405
Feb 2023171,43575.112.47$4,815
Jan 202301,44176.533.39$4,882
Dec 202201,48076.415.73$8,479
Nov 202201,33985.005.65$7,560
Oct 2022171,61587.185.86$10,952
Sep 202201,48784.888.16$12,139
Aug 2022161,50594.529.13$15,249
Jul 202201,528101.587.54$11,524
Jun 202201,481115.097.98$11,814
May 202201,461109.378.43$12,321
Apr 202201,467104.226.84$10,031
Mar 202201,863108.885.08$9,457
Feb 202201,61191.054.86$7,828
Jan 2022161,78781.844.54$9,418
Dec 202101,91471.323.90$7,463
Nov 202101,74877.435.24$9,154
Oct 202101,86779.795.71$10,668
Sep 2021151,75369.865.35$10,428
Aug 202101,63666.024.22$6,905
Jul 202101,55770.783.98$6,200
Jun 202101,55669.493.38$5,260
May 2021141,55463.483.02$5,578
Apr 2021301,57260.362.76$6,147
Mar 202101,62961.302.72$4,426
Feb 202101,46557.805.55$8,128
Jan 202101,65350.412.81$4,645
Dec 2020151,64944.642.68$5,081
Nov 202001,60038.772.71$4,331
Oct 202001,66136.972.48$4,117
Sep 2020141,67537.091.99$3,854
Aug 202001,77839.982.39$4,241
Jul 202001,78138.371.83$3,251
Jun 202001,72134.901.69$2,909
May 202001,82416.921.81$3,310
Apr 2020481,75514.751.80$3,875
Mar 202001,88130.341.86$3,492
Feb 202001,71649.881.98$3,399
Jan 202001,86757.252.09$3,911
Dec 201901,92559.012.30$4,436
Nov 201901,87455.302.75$5,155
Oct 2019161,95853.472.42$5,591
Sep 201901,80155.052.66$4,786
Aug 201901,93753.112.30$4,464
Jul 2019332,04556.272.46$6,888
Jun 201901,98052.782.49$4,933
May 201901,98558.482.74$5,440
Apr 201901,86862.632.75$5,138
Mar 2019211,94756.803.06$7,155
Feb 201902,02550.852.79$5,654
Jan 2019412,33646.033.23$9,428
Dec 201801,94846.594.19$8,153
Nov 201802,39652.934.24$10,152
Oct 201803,04261.443.40$10,337
Sep 201802,65759.543.11$8,258
Aug 201802,01359.403.07$6,173
Jul 201802,44365.142.93$7,163
Jun 201802,47560.183.08$7,615
May 2018202,63765.382.90$8,957
Apr 2018202,76263.842.90$9,289
Mar 201802,98761.222.79$8,324
Feb 2018191,78261.782.77$6,103
Jan 2018212,79962.874.01$12,542
Dec 201702,97057.272.92$8,677
Nov 2017192,94555.423.12$10,237
Oct 201702,96249.292.98$8,838
Sep 2017202,86547.523.09$9,795
Aug 201703,51145.373.00$10,548
Jul 2017223,35243.873.09$11,314
Jun 201702,75742.493.09$8,512
May 2017202,66545.373.26$9,604
Apr 2017213,40647.933.21$11,945
Mar 201703,27646.772.98$9,775
Feb 2017382,70150.452.95$9,892
Jan 201702,83849.413.42$9,703
Dec 2016332,93148.763.72$12,521
Nov 201602,86642.492.64$7,579
Oct 201603,16946.193.09$9,793
Sep 2016162,68241.553.10$8,981
Aug 2016163,10841.442.92$9,752
Jul 201601,17341.622.92$3,430
Jun 201602,16945.352.69$5,826
May 2016133,14442.521.99$6,813
Apr 201682,98336.561.99$6,232
Mar 2016323,19633.011.79$6,790
Feb 201603,41726.472.06$7,051
Jan 2016693,98627.352.36$11,311
Dec 2015403,11832.362.00$7,535
Nov 201502,98238.792.17$6,463
Oct 201501,67743.552.43$4,069
Sep 201503,31142.992.76$9,133
Aug 201504,07040.162.87$11,691
Jul 2015294,14248.152.95$13,595
Jun 2015125,13456.152.88$15,474
May 201501,21055.212.96$3,576
Apr 201501,71049.822.71$4,628
Mar 201504,31542.892.93$12,663
Feb 201543,60744.662.98$10,914
Jan 201503,69443.433.10$11,454
Dec 201493,81854.693.59$14,204
Nov 201432,02670.464.25$8,826
Oct 201402,27878.303.90$8,886
Sep 201403,72186.164.05$15,053
Aug 201404,19089.394.04$16,907
Jul 201404,09196.564.18$17,099
Jun 201402,94298.164.74$13,936
May 201404,12094.734.73$19,473
Apr 201404,11895.944.81$19,804
Mar 201464,22795.895.06$21,950
Feb 201464,02597.406.19$25,507
Jan 2014184,77890.404.86$24,852
Dec 201304,27791.824.35$18,624
Nov 201374,02388.853.74$15,661
Oct 201303,58997.423.78$13,564
Sep 201363,369104.113.72$13,150
Aug 201323,618104.253.52$12,953
Jul 2013133,901102.523.72$15,836
Jun 201304,75794.403.93$18,711
May 2013104,15894.834.15$18,200
Apr 201353,84393.964.28$16,928
Mar 201304,58693.623.91$17,944
Feb 201374,16591.233.42$14,883
Jan 201354,68691.603.42$16,484
Dec 2012174,84086.773.42$18,029
Nov 201204,26686.953.62$15,464
Oct 201204,33789.383.40$14,744
Sep 201204,37694.672.92$12,771
Aug 2012495,02892.662.91$19,163
Jul 201204,90085.133.02$14,802
Jun 201204,77679.822.52$12,031
May 201204,92091.612.49$12,243
Apr 2012324,829101.652.00$12,895
Mar 201205,166105.052.22$11,479
Feb 201204,845101.102.57$12,453
Jan 2012225,29698.092.73$16,638
Dec 201105,39696.873.24$17,482
Nov 2011255,23195.723.31$19,714
Oct 201175,18884.983.65$19,523
Sep 201105,25483.623.99$20,941
Aug 2011195,97083.404.15$26,356
Jul 201155,16294.144.52$23,789
Jun 201104,27592.904.64$19,835
May 201144,50398.134.40$20,227
Apr 201154,052105.964.33$18,088
Mar 201135,26596.364.06$21,651
Feb 2011195,31885.644.18$23,856
Jan 201105,65386.504.59$25,940
Dec 2010116,01985.734.35$27,112
Nov 2010125,94580.843.80$23,533
Oct 2010136,21878.103.51$22,834
Sep 201096,68672.633.98$27,260
Aug 2010166,61373.684.42$30,404
Jul 2010177,14772.554.74$35,085
Jun 2010156,66670.364.91$33,788
May 2010156,89371.124.24$30,260
Apr 2010156,40781.694.12$27,639
Mar 2010166,91078.394.39$31,580
Feb 2010336,75873.585.44$39,208
Jan 2010276,21774.365.96$39,086
Dec 2009145,39471.445.48$30,580
Nov 2009166,99774.593.75$27,443
Oct 2009167,58872.544.11$32,349
Sep 2009296,88665.543.06$23,005
Aug 2009167,56567.423.22$25,427
Jul 200997,54261.133.46$26,679
Jun 200907,78466.163.90$30,319
May 200907,90854.743.93$31,045
Apr 200908,23846.773.59$29,554
Mar 200909,12342.144.06$37,030
Feb 200908,39932.814.63$38,913
Jan 200909,94735.865.37$53,425
Dec 200809,37837.105.98$56,054
Nov 200807,31455.496.86$50,177
Oct 200808,42575.246.92$58,318
Sep 200808,868101.767.88$69,854
Aug 200809,498114.228.48$80,572
Jul 200808,645131.0811.39$98,462
Jun 2008010,105131.3313.03$131,695
May 2008010,659123.1711.57$123,370
Apr 2008010,289110.3110.45$107,570
Mar 2008010,791101.909.66$104,285
Feb 2008010,03392.538.77$87,995
Jan 2008011,12590.388.21$91,289
Dec 2007011,97988.337.30$87,470
Nov 2007012,45091.677.29$90,782
Oct 2007014,00382.856.92$96,928
Sep 2007011,45875.846.24$71,546
Aug 2007012,62069.066.39$80,616
Jul 2007015,85670.906.39$101,287
Jun 2007019,27462.007.55$145,489
May 2007015,04158.747.85$118,016
Apr 2007018,37159.617.81$143,389
Mar 2007019,56556.927.30$142,863
Feb 200709,63455.108.22$79,153
Jan 2007022,00350.306.73$148,011
Dec 2006016,10756.656.92$111,435
Nov 2006015,55954.207.62$118,520
Oct 2006018,70554.906.01$112,488
Sep 2006020,54860.085.04$103,504
Aug 2006024,85968.717.34$182,463
Jul 2006032,10169.376.34$203,609
Jun 2006012,39866.286.38$79,147
May 2006016,57966.016.42$106,520
Apr 2006022,17764.397.36$163,233
Mar 2006024,17356.707.08$171,215
Feb 2006015,98957.597.75$123,933
Jan 2006022,95960.598.93$205,100
Dec 2005033,15154.9413.42$444,734
Nov 2005034,36754.6910.59$363,892
Oct 2005039,19358.3413.80$540,697
Sep 2005045,12161.4512.08$545,017
Aug 2005072,47861.519.80$710,055
Jul 20050145,31755.697.84$1,139,814
Jun 20050158,90852.337.38$1,172,906

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                1,207 Mcf  × $  3.05 =     $3,676

────────────────────────────────────────────────────
Month total                                   $3,676

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/212238 is the state's own key, not one this site invented.