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 214155District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
May 2005 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
253
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 Gas112006-05-11166417
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
CondensateDisposition2,235 bbl$143,252
GasProduction1,260,727 Mcf$9,105,407
Total$9,248,659

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 27.1915, -99.1515. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19155, -99.15146 · 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
11,830 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 11,830 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-50535247411,830 ftMay 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 (253)

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

253 months

May 20260370106.413.05$1,127
Apr 2026036398.932.87$1,042
Mar 2026036189.753.15$1,137
Feb 2026036363.503.75$1,361
Jan 2026043159.138.00$3,447
Dec 2025035356.664.41$1,558
Nov 2025051458.593.93$2,018
Oct 2025032459.383.30$1,071
Sep 2025034562.743.08$1,062
Aug 2025038263.933.01$1,152
Jul 2025037666.743.32$1,247
Jun 2025037866.483.13$1,183
May 2025038360.553.23$1,238
Apr 2025037362.363.54$1,322
Mar 2025030267.704.27$1,289
Feb 2025025170.884.34$1,090
Jan 2025045774.324.28$1,955
Dec 2024044868.993.12$1,398
Nov 2024035469.052.20$778
Oct 2024039471.372.28$899
Sep 2024035969.612.36$849
Aug 2024033675.632.06$693
Jul 2024032579.932.15$698
Jun 2024033878.082.63$890
May 2024039978.812.20$877
Apr 2024038684.451.66$640
Mar 2024044780.301.55$691
Feb 2024041976.091.78$747
Jan 2024047073.023.30$1,550
Dec 2023054671.262.61$1,425
Nov 2023036077.892.81$1,011
Oct 2023048785.443.09$1,504
Sep 2023052389.042.74$1,430
Aug 2023057880.522.67$1,545
Jul 2023059074.852.64$1,559
Jun 2023054368.962.26$1,226
May 2023054770.622.23$1,218
Apr 2023050978.122.24$1,139
Mar 2023048072.852.39$1,149
Feb 2023042575.112.47$1,048
Jan 2023051476.533.39$1,741
Dec 2022055276.415.73$3,162
Nov 2022058585.005.65$3,303
Oct 2022047387.185.86$2,774
Sep 2022045684.888.16$3,723
Aug 2022047694.529.13$4,345
Jul 20220463101.587.54$3,492
Jun 20220444115.097.98$3,542
May 20220466109.378.43$3,930
Apr 20220461104.226.84$3,152
Mar 20220493108.885.08$2,503
Feb 2022039291.054.86$1,905
Jan 2022046081.844.54$2,087
Dec 2021048971.323.90$1,907
Nov 2021049077.435.24$2,566
Oct 2021051279.795.71$2,926
Sep 2021049969.865.35$2,670
Aug 2021041166.024.22$1,735
Jul 2021043670.783.98$1,736
Jun 2021059069.493.38$1,995
May 2021052963.483.02$1,596
Apr 2021065460.362.76$1,804
Mar 2021076461.302.72$2,076
Feb 2021045857.805.55$2,541
Jan 2021058150.412.81$1,633
Dec 2020054744.642.68$1,463
Nov 2020050638.772.71$1,370
Oct 2020075936.972.48$1,881
Sep 2020074937.091.99$1,491
Aug 2020061739.982.39$1,472
Jul 2020047138.371.83$860
Jun 2020065934.901.69$1,114
May 2020064116.921.81$1,163
Apr 2020062014.751.80$1,119
Mar 2020061730.341.86$1,145
Feb 2020061649.881.98$1,220
Jan 2020070657.252.09$1,479
Dec 2019063759.012.30$1,468
Nov 2019056855.302.75$1,562
Oct 2019071053.472.42$1,717
Sep 2019061655.052.66$1,637
Aug 2019070053.112.30$1,613
Jul 2019075256.272.46$1,850
Jun 2019072652.782.49$1,809
May 2019079558.482.74$2,179
Apr 2019083762.632.75$2,302
Mar 2019070056.803.06$2,143
Feb 2019066650.852.79$1,860
Jan 2019077846.033.23$2,512
Dec 2018086546.594.19$3,620
Nov 2018072952.934.24$3,089
Oct 2018071361.443.40$2,423
Sep 2018054359.543.11$1,688
Aug 2018080659.403.07$2,472
Jul 2018077965.142.93$2,284
Jun 2018078860.183.08$2,425
May 2018072565.382.90$2,103
Apr 2018077263.842.90$2,239
Mar 2018082261.222.79$2,291
Feb 2018073161.782.77$2,022
Jan 2018078362.874.01$3,139
Dec 2017075657.272.92$2,209
Nov 2017078655.423.12$2,451
Oct 2017080949.292.98$2,414
Sep 2017082247.523.09$2,538
Aug 2017081545.373.00$2,449
Jul 201706443.873.09$198
Jun 2017084642.493.09$2,612
May 2017078345.373.26$2,555
Apr 2017074247.933.21$2,383
Mar 2017084546.772.98$2,521
Feb 2017091050.452.95$2,687
Jan 201701,02449.413.42$3,501
Dec 2016096848.763.72$3,604
Nov 2016080342.492.64$2,123
Oct 2016089246.193.09$2,757
Sep 2016093741.553.10$2,905
Aug 2016096241.442.92$2,813
Jul 201601,06141.622.92$3,103
Jun 2016089445.352.69$2,401
May 201601,07042.521.99$2,130
Apr 201601,18336.561.99$2,355
Mar 2016029133.011.79$522
Feb 201601,16726.472.06$2,408
Jan 201698127.352.36$438
Dec 2015052432.362.00$1,049
Nov 2015074638.792.17$1,617
Oct 2015084543.552.43$2,050
Sep 2015376842.992.76$2,247
Aug 20151392640.162.87$3,182
Jul 2015097548.152.95$2,871
Jun 2015792056.152.88$3,045
May 2015092055.212.96$2,719
Apr 2015093049.822.71$2,517
Mar 2015099542.892.93$2,920
Feb 20151294744.662.98$3,354
Jan 201501,00643.433.10$3,119
Dec 201401,06054.693.59$3,807
Nov 201401,10470.464.25$4,694
Oct 2014761,21278.303.90$10,679
Sep 20145343086.164.05$6,306
Aug 201401,14789.394.04$4,628
Jul 201401,23796.564.18$5,170
Jun 201401,21398.164.74$5,746
May 201401,07994.734.73$5,100
Apr 201401,20495.944.81$5,790
Mar 201401,23095.895.06$6,220
Feb 201401,17197.406.19$7,251
Jan 201401,21590.404.86$5,906
Dec 201301,46791.824.35$6,388
Nov 201301,61588.853.74$6,037
Oct 201302,79297.423.78$10,552
Sep 201302,832104.113.72$10,529
Aug 201303,331104.253.52$11,734
Jul 201303,460102.523.72$12,863
Jun 201302,14094.403.93$8,418
May 201303,28594.834.15$13,630
Apr 201303,41193.964.28$14,608
Mar 201302,53793.623.91$9,927
Feb 201302,14891.233.42$7,346
Jan 201303,18091.603.42$10,875
Dec 201203,77186.773.42$12,897
Nov 201202,34986.953.62$8,515
Oct 201203,22689.383.40$10,967
Sep 201203,21894.672.92$9,391
Aug 201204,26792.662.91$12,409
Jul 201202,21885.133.02$6,700
Jun 201203,25079.822.52$8,187
May 201203,73491.612.49$9,291
Apr 201213,856101.652.00$7,801
Mar 2012163,351105.052.22$9,127
Feb 201203,366101.102.57$8,651
Jan 201203,57498.092.73$9,772
Dec 201103,83696.873.24$12,428
Nov 201103,54995.723.31$11,752
Oct 201103,82284.983.65$13,945
Sep 201104,07483.623.99$16,238
Aug 201104,07983.404.15$16,925
Jul 201103,95794.144.52$17,875
Jun 20111104,07892.904.64$29,140
May 201104,60198.134.40$20,267
Apr 201104,262105.964.33$18,468
Mar 201104,94496.364.06$20,059
Feb 201103,79085.644.18$15,842
Jan 201104,59686.504.59$21,090
Dec 201003,43485.734.35$14,930
Nov 201004,18180.843.80$15,868
Oct 201024,70478.103.51$16,662
Sep 201004,70172.633.98$18,707
Aug 201004,95473.684.42$21,894
Jul 201025,34272.554.74$25,447
Jun 201005,14670.364.91$25,269
May 201025,24371.124.24$22,348
Apr 201005,24081.694.12$21,603
Mar 20101595,65778.394.39$37,291
Feb 201005,02073.585.44$27,321
Jan 201015,54274.365.96$33,127
Dec 200915,64571.445.48$31,027
Nov 200905,46374.593.75$20,494
Oct 200906,11872.544.11$25,147
Sep 200905,72165.543.06$17,533
Aug 200906,11667.423.22$19,684
Jul 200927,10061.133.46$24,720
Jun 200905,68266.163.90$22,131
May 200906,85854.743.93$26,923
Apr 200906,88846.773.59$24,711
Mar 200926,88942.144.06$28,047
Feb 200926,07632.814.63$28,216
Jan 200907,23235.865.37$38,843
Dec 20081797,39337.105.98$50,830
Nov 200807,66755.496.86$52,598
Oct 200808,44275.246.92$58,435
Sep 200808,388101.767.88$66,073
Aug 200808,950114.228.48$75,923
Jul 200808,835131.0811.39$100,626
Jun 200809,141131.3313.03$119,131
May 200809,558123.1711.57$110,627
Apr 200809,658110.3110.45$100,973
Mar 2008010,567101.909.66$102,120
Feb 200809,94692.538.77$87,232
Jan 200816310,77590.388.21$103,149
Dec 2007011,10888.337.30$81,110
Nov 2007010,63591.677.29$77,547
Oct 2007212,07282.856.92$83,728
Sep 2007013,04475.846.24$81,449
Aug 2007013,73369.066.39$87,726
Jul 2007014,48770.906.39$92,542
Jun 200717514,46162.007.55$120,008
May 2007114,61658.747.85$114,740
Apr 2007115,70559.617.81$122,640
Mar 2007317,43256.927.30$127,459
Feb 2007017,19155.108.22$141,241
Jan 20078521,65350.306.73$149,932
Dec 2006023,92856.656.92$165,544
Nov 200615927,10254.207.62$215,067
Oct 2006324,32454.906.01$146,444
Sep 2006019,66560.085.04$99,057
Aug 2006022,83068.717.34$167,570
Jul 200617325,48469.376.34$173,640
Jun 2006428,83966.286.38$184,370
May 2006033,20266.016.42$213,323
Apr 200618141,21964.397.36$315,046
Mar 200618658,62356.707.08$425,768
Feb 200639755,85657.597.75$455,810
Jan 2006321,52560.598.93$192,471
Dec 2005130,08354.9413.42$403,630
Nov 2005033,02454.6910.59$349,671
Oct 2005450,65458.3413.80$699,044
Sep 2005482,91061.4512.08$1,001,716
Aug 2005523,96161.519.80$235,050
Jul 20050055.697.84$0
Jun 2005079952.337.38$5,897
May 20053316,72345.226.65$112,720

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                  370 Mcf  × $  3.05 =     $1,127

────────────────────────────────────────────────────
Month total                                   $1,127

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/214155 is the state's own key, not one this site invented.