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 212478District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Jul 2005 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
251
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 Gas112006-02-27166419
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
CondensateDisposition2,291 bbl$152,833
GasProduction1,424,015 Mcf$10,793,915
Total$10,946,747

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 27.1868, -99.1529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18683, -99.15293 · 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
12,200 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 12,200 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-50535291612,200 ftJul 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 (251)

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

251 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260189.753.15$3
Feb 20260063.503.75$0
Jan 2026015959.138.00$1,272
Dec 2025030256.664.41$1,333
Nov 2025039558.593.93$1,551
Oct 202506359.383.30$208
Sep 2025026762.743.08$822
Aug 2025049063.933.01$1,477
Jul 2025043866.743.32$1,452
Jun 2025061466.483.13$1,921
May 2025058760.553.23$1,897
Apr 2025038562.363.54$1,364
Mar 2025056967.704.27$2,429
Feb 2025037170.884.34$1,610
Jan 2025053674.324.28$2,293
Dec 2024049968.993.12$1,558
Nov 2024057069.052.20$1,253
Oct 2024055071.372.28$1,255
Sep 2024053269.612.36$1,258
Aug 2024066875.632.06$1,379
Jul 2024064079.932.15$1,374
Jun 2024052178.082.63$1,372
May 2024037478.812.20$822
Apr 2024065584.451.66$1,087
Mar 2024047780.301.55$737
Feb 2024043576.091.78$776
Jan 2024043173.023.30$1,421
Dec 2023048971.262.61$1,277
Nov 2023053677.892.81$1,505
Oct 2023051785.443.09$1,596
Sep 2023062489.042.74$1,707
Aug 2023065880.522.67$1,759
Jul 2023068774.852.64$1,815
Jun 202301,11068.962.26$2,507
May 2023089570.622.23$1,994
Apr 2023054878.122.24$1,226
Mar 2023041272.852.39$986
Feb 2023033275.112.47$819
Jan 2023038176.533.39$1,291
Dec 2022041876.415.73$2,395
Nov 2022043185.005.65$2,434
Oct 2022063087.185.86$3,694
Sep 2022080684.888.16$6,580
Aug 202201,03894.529.13$9,474
Jul 202201,422101.587.54$10,725
Jun 202201,190115.097.98$9,493
May 202201,028109.378.43$8,669
Apr 20220767104.226.84$5,244
Mar 202201,197108.885.08$6,076
Feb 2022054591.054.86$2,648
Jan 2022049281.844.54$2,233
Dec 2021048471.323.90$1,887
Nov 2021049377.435.24$2,582
Oct 2021045179.795.71$2,577
Sep 2021051669.865.35$2,761
Aug 2021041166.024.22$1,735
Jul 2021039670.783.98$1,577
Jun 2021012869.493.38$433
May 2021056563.483.02$1,705
Apr 2021058460.362.76$1,611
Mar 2021064861.302.72$1,761
Feb 2021052357.805.55$2,902
Jan 2021058050.412.81$1,630
Dec 2020060744.642.68$1,624
Nov 2020061338.772.71$1,659
Oct 2020071636.972.48$1,775
Sep 2020067837.091.99$1,350
Aug 2020079039.982.39$1,884
Jul 2020075838.371.83$1,383
Jun 2020064834.901.69$1,095
May 2020076616.921.81$1,390
Apr 2020191414.751.80$1,664
Mar 202001,05730.341.86$1,962
Feb 202001,40849.881.98$2,789
Jan 202001,64957.252.09$3,454
Dec 201901,61459.012.30$3,719
Nov 201901,50155.302.75$4,129
Oct 201901,29753.472.42$3,137
Sep 201901,14355.052.66$3,037
Aug 201901,34553.112.30$3,099
Jul 201901,42856.272.46$3,513
Jun 201901,37252.782.49$3,418
May 201901,60558.482.74$4,398
Apr 201901,66262.632.75$4,572
Mar 201901,53456.803.06$4,697
Feb 201901,20950.852.79$3,376
Jan 201901,67946.033.23$5,420
Dec 201801,75746.594.19$7,354
Nov 201801,76752.934.24$7,487
Oct 201801,77061.443.40$6,015
Sep 201801,79659.543.11$5,582
Aug 201801,80359.403.07$5,529
Jul 201801,93265.142.93$5,664
Jun 201801,72760.183.08$5,314
May 201801,72465.382.90$5,001
Apr 201801,93463.842.90$5,610
Mar 201801,85161.222.79$5,158
Feb 201801,60461.782.77$4,437
Jan 201801,71262.874.01$6,864
Dec 201701,91457.272.92$5,592
Nov 201701,95755.423.12$6,103
Oct 201702,13749.292.98$6,376
Sep 201701,92547.523.09$5,943
Aug 201701,48245.373.00$4,453
Jul 2017014143.873.09$435
Jun 201702,00742.493.09$6,196
May 201701,96345.373.26$6,406
Apr 201701,89547.933.21$6,086
Mar 201701,93746.772.98$5,779
Feb 201701,79950.452.95$5,312
Jan 201701,93849.413.42$6,626
Dec 201602,28848.763.72$8,518
Nov 201601,74542.492.64$4,614
Oct 2016098046.193.09$3,028
Sep 201662,07741.553.10$6,689
Aug 201602,01841.442.92$5,901
Jul 201602,59041.622.92$7,574
Jun 201603,11845.352.69$8,374
May 2016012642.521.99$251
Apr 201601,31436.561.99$2,616
Mar 201631,04533.011.79$1,974
Feb 201602,20726.472.06$4,554
Jan 201651,79427.352.36$4,378
Dec 201501,73732.362.00$3,476
Nov 201501,73438.792.17$3,758
Oct 201501,81443.552.43$4,402
Sep 201551,81342.992.76$5,216
Aug 2015101,99640.162.87$6,135
Jul 201501,77448.152.95$5,225
Jun 201591,72656.152.88$5,481
May 201502,17855.212.96$6,437
Apr 2015172,12349.822.71$6,593
Mar 201502,32242.892.93$6,814
Feb 2015712,43344.662.98$10,412
Jan 201572,82643.433.10$9,066
Dec 201403,20254.693.59$11,500
Nov 201403,78470.464.25$16,089
Oct 201401,43978.303.90$5,613
Sep 201416086.164.05$1,379
Aug 2014182689.394.04$3,422
Jul 201402,14596.564.18$8,965
Jun 201421,22998.164.74$6,018
May 201401,47694.734.73$6,976
Apr 201401,78995.944.81$8,604
Mar 201401,69795.895.06$8,581
Feb 201401,88897.406.19$11,691
Jan 201412,04190.404.86$10,011
Dec 201302,07291.824.35$9,022
Nov 201312,31088.853.74$8,724
Oct 201312,46197.423.78$9,398
Sep 201302,412104.113.72$8,967
Aug 201302,051104.253.52$7,225
Jul 201311,993102.523.72$7,512
Jun 201302,05994.403.93$8,099
May 20131022,13294.834.15$18,519
Apr 201302,23093.964.28$9,550
Mar 201302,36893.623.91$9,266
Feb 201322,09791.233.42$7,354
Jan 201302,31591.603.42$7,917
Dec 201202,64686.773.42$9,050
Nov 201202,62286.953.62$9,505
Oct 201202,78289.383.40$9,458
Sep 201202,70094.672.92$7,880
Aug 201202,30692.662.91$6,706
Jul 201202,94785.133.02$8,902
Jun 201202,94679.822.52$7,421
May 201203,07591.612.49$7,652
Apr 201203,160101.652.00$6,310
Mar 2012152,342105.052.22$6,780
Feb 201202,673101.102.57$6,870
Jan 201203,13798.092.73$8,577
Dec 201102,99596.873.24$9,703
Nov 201102,81095.723.31$9,305
Oct 201103,09584.983.65$11,292
Sep 201103,20083.623.99$12,755
Aug 201103,38683.404.15$14,050
Jul 20111443,09794.144.52$27,546
Jun 201103,23492.904.64$15,005
May 201103,67198.134.40$16,170
Apr 201103,404105.964.33$14,750
Mar 201103,51296.364.06$14,249
Feb 201103,40485.644.18$14,229
Jan 201103,88886.504.59$17,841
Dec 201002,90185.734.35$12,613
Nov 201003,75880.843.80$14,263
Oct 201004,69278.103.51$16,464
Sep 201003,60572.633.98$14,346
Aug 201003,88373.684.42$17,160
Jul 201023,75172.554.74$17,912
Jun 201003,74070.364.91$18,365
May 201024,03471.124.24$17,227
Apr 201003,80181.694.12$15,670
Mar 201014,01178.394.39$17,681
Feb 201013,21073.585.44$17,544
Jan 201014,01174.365.96$23,996
Dec 200914,09071.445.48$22,500
Nov 20091614,10774.593.75$27,416
Oct 200914,02072.544.11$16,596
Sep 200903,84165.543.06$11,772
Aug 200904,34167.423.22$13,972
Jul 200924,90961.133.46$17,129
Jun 200903,72066.163.90$14,489
May 200904,62954.743.93$18,172
Apr 200924,65046.773.59$16,775
Mar 200924,63142.144.06$18,882
Feb 200924,20132.814.63$19,529
Jan 200904,93035.865.37$26,479
Dec 200825,24137.105.98$31,400
Nov 200805,66955.496.86$38,891
Oct 200806,23975.246.92$43,186
Sep 200808,118101.767.88$63,946
Aug 200808,525114.228.48$72,318
Jul 200808,709131.0811.39$99,191
Jun 200808,266131.3313.03$107,728
May 200808,560123.1711.57$99,076
Apr 200809,302110.3110.45$97,251
Mar 200812911,163101.909.66$121,025
Feb 2008012,27092.538.77$107,615
Jan 2008014,00090.388.21$114,880
Dec 2007016,02588.337.30$117,014
Nov 2007012,19191.677.29$88,893
Oct 200709,73682.856.92$67,392
Sep 2007011,96175.846.24$74,686
Aug 2007212,94369.066.39$82,817
Jul 2007013,42470.906.39$85,752
Jun 20073317,48962.007.55$134,061
May 2007319,83558.747.85$155,807
Apr 200717419,54559.617.81$162,925
Mar 2007421,09156.927.30$154,234
Feb 2007019,60155.108.22$161,042
Jan 2007022,73850.306.73$152,955
Dec 2006024,98056.656.92$172,823
Nov 2006024,88754.207.62$189,576
Oct 2006527,00954.906.01$162,701
Sep 20067126,35460.085.04$137,016
Aug 2006127,34768.717.34$200,794
Jul 2006030,20369.376.34$191,570
Jun 2006432,35166.286.38$206,790
May 2006035,54866.016.42$228,396
Apr 200617438,60364.397.36$295,340
Mar 2006040,55956.707.08$287,276
Feb 200619337,79357.597.75$304,053
Jan 2006146,63160.598.93$416,630
Dec 200517351,27354.9413.42$697,352
Nov 2005069,26854.6910.59$733,437
Oct 200518281,91258.3413.80$1,140,656
Sep 200515284,12361.4512.08$1,025,462
Aug 200538068,53261.519.80$694,771
Jul 2005104,78355.697.84$38,073

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    1 Mcf  × $  3.15 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/212478 is the state's own key, not one this site invented.