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 215501District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.3 M
Feb 2005 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
256
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 Gas112006-05-23166615
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
CondensateDisposition6,234 bbl$334,892
GasProduction3,014,379 Mcf$19,963,486
Total$20,298,378

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 27.1884, -99.1492. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18844, -99.14924 · 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

42-50535191312,000 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 (256)

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

256 months

May 202602,232106.413.05$6,798
Apr 202602,18998.932.87$6,282
Mar 202602,16389.753.15$6,812
Feb 202601,99363.503.75$7,474
Jan 202602,21059.138.00$17,675
Dec 202502,25956.664.41$9,970
Nov 202502,36158.593.93$9,270
Oct 202501,95859.383.30$6,471
Sep 202502,18362.743.08$6,717
Aug 202502,33663.933.01$7,042
Jul 202502,29966.743.32$7,622
Jun 202502,24366.483.13$7,018
May 202502,30860.553.23$7,460
Apr 202502,25462.363.54$7,986
Mar 202502,19367.704.27$9,360
Feb 202502,10070.884.34$9,116
Jan 202502,31074.324.28$9,884
Dec 202401,74868.993.12$5,456
Nov 202402,23669.052.20$4,916
Oct 202402,38571.372.28$5,441
Sep 202402,34769.612.36$5,549
Aug 2024862,46575.632.06$11,591
Jul 202402,46379.932.15$5,287
Jun 202402,41778.082.63$6,366
May 202402,53678.812.20$5,575
Apr 202402,30284.451.66$3,819
Mar 202402,35880.301.55$3,643
Feb 202402,38876.091.78$4,259
Jan 202402,44873.023.30$8,073
Dec 202302,30971.262.61$6,028
Nov 202302,32577.892.81$6,528
Oct 202302,45785.443.09$7,585
Sep 202302,40589.042.74$6,578
Aug 202302,53580.522.67$6,776
Jul 202302,70774.852.64$7,151
Jun 202302,57468.962.26$5,813
May 202302,71170.622.23$6,038
Apr 202302,60178.122.24$5,820
Mar 202302,62872.852.39$6,289
Feb 202302,33075.112.47$5,745
Jan 202302,70276.533.39$9,154
Dec 202202,66076.415.73$15,239
Nov 202202,54385.005.65$14,358
Oct 202202,70087.185.86$15,832
Sep 202202,57684.888.16$21,030
Aug 202202,73594.529.13$24,963
Jul 202202,503101.587.54$18,878
Jun 202201,979115.097.98$15,787
May 202202,288109.378.43$19,295
Apr 202202,372104.226.84$16,219
Mar 202202,335108.885.08$11,853
Feb 202202,04191.054.86$9,917
Jan 202202,33481.844.54$10,591
Dec 202102,25871.323.90$8,804
Nov 202102,21277.435.24$11,584
Oct 202102,32379.795.71$13,273
Sep 202102,53869.865.35$13,581
Aug 202102,68266.024.22$11,320
Jul 202102,31570.783.98$9,219
Jun 202102,32469.493.38$7,857
May 202102,37563.483.02$7,167
Apr 202102,32560.362.76$6,413
Mar 202102,33161.302.72$6,333
Feb 202101,94657.805.55$10,796
Jan 202102,31750.412.81$6,511
Dec 202002,42944.642.68$6,499
Nov 202002,39538.772.71$6,482
Oct 202002,54136.972.48$6,298
Sep 202002,46037.091.99$4,898
Aug 202002,54239.982.39$6,063
Jul 202002,51238.371.83$4,585
Jun 202002,44634.901.69$4,135
May 202002,66716.921.81$4,840
Apr 2020972,52014.751.80$5,978
Mar 202002,49630.341.86$4,633
Feb 202002,30249.881.98$4,560
Jan 202002,54457.252.09$5,329
Dec 201902,53859.012.30$5,848
Nov 201902,58855.302.75$7,119
Oct 201902,95353.472.42$7,142
Sep 201902,93455.052.66$7,796
Aug 201903,03453.112.30$6,991
Jul 201902,97156.272.46$7,309
Jun 201903,31552.782.49$8,258
May 201902,91458.482.74$7,985
Apr 201902,96362.632.75$8,150
Mar 201903,15856.803.06$9,670
Feb 201902,63250.852.79$7,349
Jan 201903,07446.033.23$9,923
Dec 201803,20046.594.19$13,393
Nov 201803,19852.934.24$13,551
Oct 201803,31061.443.40$11,248
Sep 201803,43859.543.11$10,685
Aug 201803,68759.403.07$11,306
Jul 201804,05765.142.93$11,895
Jun 201803,43260.183.08$10,560
May 20181354,60465.382.90$22,182
Apr 201804,60963.842.90$13,370
Mar 201804,57861.222.79$12,758
Feb 201804,26361.782.77$11,792
Jan 201804,59562.874.01$18,423
Dec 201704,60057.272.92$13,439
Nov 201704,55355.423.12$14,198
Oct 201704,62649.292.98$13,803
Sep 201704,37347.523.09$13,501
Aug 201704,12945.373.00$12,405
Jul 201718230943.873.09$8,938
Jun 201704,45742.493.09$13,760
May 201704,66845.373.26$15,234
Apr 201704,62447.933.21$14,850
Mar 201704,96246.772.98$14,805
Feb 20171845,18650.452.95$24,595
Jan 201705,49449.413.42$18,783
Dec 20161885,56148.763.72$29,870
Nov 201605,40742.492.64$14,298
Oct 201605,63246.193.09$17,404
Sep 2016435,41441.553.10$18,573
Aug 201604,88541.442.92$14,285
Jul 201605,43041.622.92$15,879
Jun 201605,22545.352.69$14,033
May 201605,88542.521.99$11,717
Apr 201605,31036.561.99$10,572
Mar 2016334,99033.011.79$10,041
Feb 201605,44626.472.06$11,239
Jan 2016145,86927.352.36$14,259
Dec 201505,80232.362.00$11,612
Nov 201505,78838.792.17$12,545
Oct 201506,41443.552.43$15,564
Sep 2015246,37442.992.76$18,614
Aug 2015376,78040.162.87$20,961
Jul 201506,90148.152.95$20,324
Jun 2015176,68956.152.88$20,238
May 201506,68755.212.96$19,763
Apr 2015536,77349.822.71$20,972
Mar 201507,68542.892.93$22,553
Feb 2015687,10944.662.98$24,195
Jan 201575,04043.433.10$15,931
Dec 201404,48854.693.59$16,118
Nov 201404,22670.464.25$17,968
Oct 201404,93378.303.90$19,243
Sep 2014441,71486.164.05$10,725
Aug 201404,82689.394.04$19,473
Jul 201404,91396.564.18$20,534
Jun 201404,58098.164.74$21,695
May 201404,89194.734.73$23,118
Apr 201404,97495.944.81$23,921
Mar 201405,45695.895.06$27,590
Feb 201404,97297.406.19$30,787
Jan 201405,07190.404.86$24,649
Dec 201305,00291.824.35$21,781
Nov 201306,22188.853.74$23,256
Oct 201307,61997.423.78$28,795
Sep 201305,562104.113.72$20,678
Aug 201306,938104.253.52$24,440
Jul 201307,274102.523.72$27,043
Jun 201317,46094.403.93$29,438
May 201306,93994.834.15$28,790
Apr 201306,73593.964.28$28,843
Mar 201327,89493.623.91$31,075
Feb 201306,83691.233.42$23,379
Jan 201307,86991.603.42$26,911
Dec 201207,15686.773.42$24,475
Nov 201206,49886.953.62$23,555
Oct 201206,65689.383.40$22,628
Sep 201206,60794.672.92$19,282
Aug 201205,92992.662.91$17,242
Jul 201206,54685.133.02$19,774
Jun 201207,85579.822.52$19,787
May 201208,30491.612.49$20,663
Apr 201207,022101.652.00$14,022
Mar 201208,321105.052.22$18,490
Feb 201207,709101.102.57$19,814
Jan 201207,89198.092.73$21,575
Dec 201107,86396.873.24$25,474
Nov 201107,88895.723.31$26,119
Oct 201107,64384.983.65$27,886
Sep 201107,74383.623.99$30,862
Aug 201107,27283.404.15$30,174
Jul 201106,43194.144.52$29,050
Jun 2011476,98692.904.64$36,781
May 201106,97798.134.40$30,732
Apr 201107,790105.964.33$33,756
Mar 201107,68796.364.06$31,189
Feb 201106,79885.644.18$28,416
Jan 201107,09786.504.59$32,567
Dec 201005,38085.734.35$23,391
Nov 201007,51680.843.80$28,526
Oct 201008,06878.103.51$28,310
Sep 201008,12572.633.98$32,333
Aug 201029,59973.684.42$42,569
Jul 2010010,26872.554.74$48,634
Jun 201009,50370.364.91$46,664
May 201019,61771.124.24$40,801
Apr 201008,62081.694.12$35,538
Mar 201008,90578.394.39$39,081
Feb 201008,26673.585.44$44,987
Jan 201009,37374.365.96$55,901
Dec 2009111,79371.445.48$64,741
Nov 2009010,84074.593.75$40,666
Oct 2009112,64472.544.11$52,043
Sep 2009011,87065.543.06$36,379
Aug 2009113,48067.423.22$43,453
Jul 2009314,47861.133.46$50,342
Jun 2009011,34566.163.90$44,189
May 2009014,08654.743.93$55,298
Apr 2009213,78846.773.59$49,558
Mar 2009014,81642.144.06$60,138
Feb 2009514,03232.814.63$65,174
Jan 20095915,64835.865.37$86,161
Dec 2008216,70037.105.98$99,892
Nov 2008014,40555.496.86$98,823
Oct 2008015,59575.246.92$107,948
Sep 2008015,376101.767.88$121,118
Aug 2008017,997114.228.48$152,669
Jul 2008016,199131.0811.39$184,497
Jun 2008016,619131.3313.03$216,589
May 2008020,109123.1711.57$232,747
Apr 2008016,731110.3110.45$174,920
Mar 20085021,842101.909.66$216,178
Feb 2008018,67592.538.77$163,791
Jan 2008026,44990.388.21$217,033
Dec 2007026,65188.337.30$194,605
Nov 200715926,54691.677.29$208,141
Oct 2007024,21082.856.92$167,581
Sep 2007022,59775.846.24$141,099
Aug 2007025,36269.066.39$162,011
Jul 2007026,18570.906.39$167,268
Jun 2007326,23062.007.55$198,182
May 2007227,89358.747.85$218,974
Apr 2007128,08159.617.81$219,237
Mar 2007331,22756.927.30$228,189
Feb 200717128,72255.108.22$245,402
Jan 2007432,66850.306.73$219,954
Dec 2006034,11456.656.92$236,016
Nov 2006035,44854.207.62$270,024
Oct 2006336,25754.906.01$218,207
Sep 200612834,88360.085.04$183,403
Aug 2006338,77468.717.34$284,804
Jul 2006141,94869.376.34$266,135
Jun 2006643,19666.286.38$276,156
May 2006048,10666.016.42$309,081
Apr 200616949,79564.397.36$377,397
Mar 2006057,69056.707.08$408,614
Feb 200618349,82057.597.75$396,700
Jan 200616564,86960.598.93$589,493
Dec 2005150,52654.9413.42$677,881
Nov 200517157,61354.6910.59$619,381
Oct 2005368,85858.3413.80$950,123
Sep 200534280,53161.4512.08$993,750
Aug 2005333100,16861.519.80$1,001,813
Jul 2005520119,22155.697.84$964,085
Jun 2005714103,93152.337.38$804,482
May 20051,579140,23045.226.65$1,004,095
Apr 200518176,47949.207.36$571,827
Mar 20050101,15550.377.15$723,752
Feb 200503,62045.226.31$22,849

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                2,232 Mcf  × $  3.05 =     $6,798

────────────────────────────────────────────────────
Month total                                   $6,798

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/215501 is the state's own key, not one this site invented.