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 215094District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.5 M
Aug 2005 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
250
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 Gas112007-05-22173806
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
CondensateDisposition2,399 bbl$143,052
GasProduction2,165,871 Mcf$15,390,306
Total$15,533,359

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 27.1904, -99.1455. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19044, -99.14550 · 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
12,089 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 12,089 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-50535266712,089 ftAug 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 (250)

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

250 months

May 202601,091106.413.05$3,323
Apr 202601,26298.932.87$3,622
Mar 202601,44089.753.15$4,535
Feb 202601,27763.503.75$4,789
Jan 202601,36159.138.00$10,885
Dec 202501,44056.664.41$6,355
Nov 202501,43358.593.93$5,627
Oct 202501,23859.383.30$4,091
Sep 202501,40562.743.08$4,323
Aug 202501,43363.933.01$4,320
Jul 202501,31866.743.32$4,369
Jun 202501,51966.483.13$4,753
May 202501,35560.553.23$4,380
Apr 202501,28162.363.54$4,539
Mar 202501,23667.704.27$5,276
Feb 202501,25170.884.34$5,430
Jan 202501,29474.324.28$5,537
Dec 202401,26668.993.12$3,952
Nov 202401,35169.052.20$2,970
Oct 202401,36071.372.28$3,103
Sep 2024098169.612.36$2,319
Aug 202401,19175.632.06$2,458
Jul 202401,40979.932.15$3,025
Jun 202401,47478.082.63$3,882
May 202401,50978.812.20$3,317
Apr 202401,40384.451.66$2,328
Mar 202401,43480.301.55$2,216
Feb 202401,32676.091.78$2,365
Jan 202401,45073.023.30$4,782
Dec 202301,39071.262.61$3,629
Nov 202301,44777.892.81$4,063
Oct 202301,76485.443.09$5,446
Sep 202301,61889.042.74$4,425
Aug 202301,46780.522.67$3,921
Jul 202301,68174.852.64$4,441
Jun 202301,28468.962.26$2,900
May 202301,43670.622.23$3,199
Apr 202301,21678.122.24$2,721
Mar 202301,23672.852.39$2,958
Feb 2023088575.112.47$2,182
Jan 202301,38676.533.39$4,695
Dec 202202,18576.415.73$12,518
Nov 202201,82785.005.65$10,316
Oct 202202,02287.185.86$11,857
Sep 202201,68684.888.16$13,764
Aug 202202,14894.529.13$19,605
Jul 202201,999101.587.54$15,077
Jun 202201,893115.097.98$15,101
May 202202,092109.378.43$17,642
Apr 202202,153104.226.84$14,721
Mar 202202,506108.885.08$12,721
Feb 202201,81591.054.86$8,819
Jan 202202,38881.844.54$10,836
Dec 202102,40071.323.90$9,358
Nov 202102,07977.435.24$10,887
Oct 202102,27479.795.71$12,993
Sep 202102,30469.865.35$12,329
Aug 202102,02266.024.22$8,534
Jul 202101,97970.783.98$7,881
Jun 202101,93169.493.38$6,528
May 202102,07363.483.02$6,256
Apr 202102,19560.362.76$6,055
Mar 202102,19561.302.72$5,964
Feb 202102,02157.805.55$11,212
Jan 202102,36450.412.81$6,643
Dec 202002,32644.642.68$6,223
Nov 202002,34038.772.71$6,333
Oct 202002,42836.972.48$6,018
Sep 202002,38237.091.99$4,743
Aug 202002,44139.982.39$5,822
Jul 202003,57538.371.83$6,525
Jun 202003,53534.901.69$5,975
May 202002,83016.921.81$5,136
Apr 202002,68514.751.80$4,845
Mar 202002,62430.341.86$4,871
Feb 202002,42949.881.98$4,811
Jan 202002,73357.252.09$5,725
Dec 201902,18159.012.30$5,026
Nov 201902,59055.302.75$7,124
Oct 201902,70553.472.42$6,542
Sep 201902,91355.052.66$7,741
Aug 201902,83353.112.30$6,528
Jul 201902,81056.272.46$6,913
Jun 201902,84152.782.49$7,078
May 201902,89558.482.74$7,933
Apr 201902,80762.632.75$7,721
Mar 201903,05356.803.06$9,349
Feb 201902,78450.852.79$7,774
Jan 201903,14046.033.23$10,136
Dec 201803,04946.594.19$12,761
Nov 201802,93852.934.24$12,449
Oct 201803,12961.443.40$10,633
Sep 201802,97659.543.11$9,249
Aug 201803,23859.403.07$9,930
Jul 201803,24165.142.93$9,502
Jun 201803,10660.183.08$9,557
May 201803,33865.382.90$9,683
Apr 201802,92463.842.90$8,482
Mar 201803,32261.222.79$9,258
Feb 201802,92461.782.77$8,088
Jan 201803,78762.874.01$15,183
Dec 201702,85357.272.92$8,335
Nov 201703,29155.423.12$10,263
Oct 201702,80049.292.98$8,354
Sep 201703,04747.523.09$9,407
Aug 201703,19145.373.00$9,587
Jul 201703,17543.873.09$9,802
Jun 201703,18542.493.09$9,833
May 201703,51845.373.26$11,481
Apr 201703,28347.933.21$10,544
Mar 201703,75346.772.98$11,198
Feb 201703,01550.452.95$8,902
Jan 201703,17149.413.42$10,841
Dec 201603,05048.763.72$11,355
Nov 201602,83642.492.64$7,499
Oct 201603,23846.193.09$10,006
Sep 201603,07141.553.10$9,522
Aug 201603,36241.442.92$9,832
Jul 201603,54341.622.92$10,361
Jun 201603,95145.352.69$10,612
May 201671,93142.521.99$4,142
Apr 2016252,79036.561.99$6,469
Mar 201602,48733.011.79$4,462
Feb 201603,25726.472.06$6,721
Jan 2016213,55227.352.36$8,973
Dec 201504,44732.362.00$8,900
Nov 201503,11138.792.17$6,743
Oct 201504,11843.552.43$9,993
Sep 201504,17742.992.76$11,522
Aug 201504,40440.162.87$12,650
Jul 201504,93148.152.95$14,522
Jun 201505,08156.152.88$14,648
May 201503,22755.212.96$9,537
Apr 201502,85449.822.71$7,725
Mar 201503,61242.892.93$10,600
Feb 201503,67344.662.98$10,932
Jan 201503,80943.433.10$11,810
Dec 201403,08654.693.59$11,083
Nov 201404,38670.464.25$18,649
Oct 201403,87578.303.90$15,116
Sep 201404,51086.164.05$18,245
Aug 201404,69889.394.04$18,957
Jul 201404,47896.564.18$18,716
Jun 201404,40298.164.74$20,852
May 2014264,93394.734.73$25,779
Apr 201404,88695.944.81$23,497
Mar 201404,85395.895.06$24,541
Feb 201404,28597.406.19$26,533
Jan 201405,20190.404.86$25,281
Dec 201305,13091.824.35$22,338
Nov 201304,18588.853.74$15,645
Oct 201305,10297.423.78$19,282
Sep 201305,150104.113.72$19,146
Aug 201305,395104.253.52$19,004
Jul 201394,322102.523.72$16,991
Jun 201304,80894.403.93$18,912
May 201304,43294.834.15$18,389
Apr 201304,93193.964.28$21,117
Mar 201305,40593.623.91$21,149
Feb 201305,21091.233.42$17,818
Jan 201304,16091.603.42$14,227
Dec 201205,92186.773.42$20,251
Nov 201206,66786.953.62$24,168
Oct 201204,10589.383.40$13,956
Sep 201204,79294.672.92$13,985
Aug 201205,56492.662.91$16,181
Jul 201204,23885.133.02$12,802
Jun 201205,75479.822.52$14,495
May 201206,06491.612.49$15,089
Apr 201206,173101.652.00$12,326
Mar 201206,324105.052.22$14,052
Feb 201205,870101.102.57$15,087
Jan 201206,35398.092.73$17,370
Dec 201105,08596.873.24$16,474
Nov 201106,19695.723.31$20,517
Oct 2011326,49384.983.65$26,409
Sep 201106,21283.623.99$24,760
Aug 201106,56183.404.15$27,224
Jul 201106,97494.144.52$31,503
Jun 201106,80692.904.64$31,579
May 201106,82398.134.40$30,054
Apr 201107,196105.964.33$31,182
Mar 2011257,66496.364.06$33,504
Feb 201107,33785.644.18$30,669
Jan 201107,80986.504.59$35,834
Dec 201008,42485.734.35$36,625
Nov 201007,31880.843.80$27,774
Oct 201006,34078.103.51$22,246
Sep 2010297,29172.633.98$31,121
Aug 201007,58373.684.42$33,512
Jul 201007,82272.554.74$37,049
Jun 201007,54770.364.91$37,059
May 201008,07971.124.24$34,216
Apr 201008,29181.694.12$34,181
Mar 201008,43578.394.39$37,018
Feb 201007,79973.585.44$42,445
Jan 201007,81874.365.96$46,627
Dec 2009268,04471.445.48$45,969
Nov 200908,30374.593.75$31,149
Oct 200908,82172.544.11$36,257
Sep 200908,97265.543.06$27,497
Aug 2009010,05067.423.22$32,346
Jul 200909,28461.133.46$32,164
Jun 2009329,36166.163.90$38,578
May 200909,36754.743.93$36,773
Apr 200909,59646.773.59$34,426
Mar 20093210,75242.144.06$44,991
Feb 2009010,49032.814.63$48,600
Jan 2009012,94235.865.37$69,511
Dec 2008011,73537.105.98$70,142
Nov 2008011,59955.496.86$79,573
Oct 2008012,63975.246.92$87,487
Sep 2008012,031101.767.88$94,769
Aug 200809,520114.228.48$80,758
Jul 2008011,671131.0811.39$132,926
Jun 2008012,821131.3313.03$167,091
May 2008012,052123.1711.57$139,493
Apr 2008012,472110.3110.45$130,393
Mar 2008013,519101.909.66$130,649
Feb 2008014,62692.538.77$128,279
Jan 2008014,51890.388.21$119,131
Dec 2007017,44288.337.30$127,361
Nov 2007016,51291.677.29$120,401
Oct 2007027,26182.856.92$188,700
Sep 2007018,65275.846.24$116,466
Aug 2007019,51369.066.39$124,648
Jul 200705,48970.906.39$35,063
Jun 2007023,00962.007.55$173,682
May 2007015,78458.747.85$123,846
Apr 2007015,71559.617.81$122,659
Mar 2007026,65056.927.30$194,598
Feb 2007028,07055.108.22$230,623
Jan 2007031,51150.306.73$211,970
Dec 2006024,20556.656.92$167,461
Nov 2006025,88954.207.62$197,209
Oct 2006027,65854.906.01$166,330
Sep 2006024,08660.085.04$121,326
Aug 2006029,58468.717.34$217,144
Jul 2006040,09869.376.34$254,332
Jun 2006049,82366.286.38$318,064
May 20062735,79266.016.42$231,746
Apr 2006038,33664.397.36$282,171
Mar 2006042,06156.707.08$297,915
Feb 2006040,11557.597.75$310,936
Jan 2006053,30660.598.93$476,200
Dec 200518355,92754.9413.42$760,337
Nov 200549076,37354.6910.59$835,466
Oct 2005492121,90658.3413.80$1,710,489
Sep 2005308112,05961.4512.08$1,372,487
Aug 2005635171,51461.519.80$1,719,354

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                1,091 Mcf  × $  3.05 =     $3,323

────────────────────────────────────────────────────
Month total                                   $3,323

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/215094 is the state's own key, not one this site invented.