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 218316District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Jan 2006 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
245
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 Gas222006-10-30 – 2007-03-262 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
CondensateDisposition469 bbl$33,921
GasProduction2,227,373 Mcf$13,540,699
Total$13,574,620

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 27.1877, -99.1434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18771, -99.14344 · 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
12,100 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 12,100 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-505353511012,100 ftJan 2006

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 (245)

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

245 months

May 20260954106.413.05$2,906
Apr 2026032898.932.87$941
Mar 2026055589.753.15$1,748
Feb 2026078363.503.75$2,937
Jan 2026091859.138.00$7,342
Dec 202501,16256.664.41$5,128
Nov 2025093358.593.93$3,663
Oct 2025088159.383.30$2,912
Sep 2025093162.743.08$2,865
Aug 2025076263.933.01$2,297
Jul 2025053666.743.32$1,777
Jun 2025083266.483.13$2,603
May 2025091260.553.23$2,948
Apr 202501,12762.363.54$3,993
Mar 2025082167.704.27$3,504
Feb 202501,07770.884.34$4,675
Jan 2025079474.324.28$3,397
Dec 2024063568.993.12$1,982
Nov 2024086569.052.20$1,902
Oct 2024081971.372.28$1,868
Sep 2024079769.612.36$1,884
Aug 2024091275.632.06$1,882
Jul 2024083179.932.15$1,784
Jun 202401,01378.082.63$2,668
May 2024097678.812.20$2,146
Apr 202401,04384.451.66$1,731
Mar 2024094980.301.55$1,466
Feb 202401,10576.091.78$1,971
Jan 202401,09073.023.30$3,594
Dec 202301,07171.262.61$2,796
Nov 202301,05377.892.81$2,956
Oct 2023097285.443.09$3,001
Sep 2023044889.042.74$1,225
Aug 2023060080.522.67$1,604
Jul 2023066774.852.64$1,762
Jun 2023079368.962.26$1,791
May 2023080070.622.23$1,782
Apr 202301,11178.122.24$2,486
Mar 2023054972.852.39$1,314
Feb 2023065575.112.47$1,615
Jan 2023072976.533.39$2,470
Dec 202201,05176.415.73$6,021
Nov 2022069585.005.65$3,924
Oct 2022098087.185.86$5,746
Sep 2022095784.888.16$7,813
Aug 2022095794.529.13$8,735
Jul 202201,043101.587.54$7,866
Jun 20220952115.097.98$7,594
May 202201,065109.378.43$8,981
Apr 202201,159104.226.84$7,925
Mar 20220461108.885.08$2,340
Feb 2022057991.054.86$2,813
Jan 2022082981.844.54$3,762
Dec 202101,05171.323.90$4,098
Nov 2021022977.435.24$1,199
Oct 2021063879.795.71$3,645
Sep 2021079169.865.35$4,233
Aug 2021097566.024.22$4,115
Jul 2021098670.783.98$3,926
Jun 202102,10969.493.38$7,130
May 202101,59763.483.02$4,819
Apr 202102,47860.362.76$6,835
Mar 202102,26761.302.72$6,159
Feb 202101,88057.805.55$10,430
Jan 202102,62850.412.81$7,385
Dec 202002,61444.642.68$6,994
Nov 202002,78538.772.71$7,538
Oct 202001,90936.972.48$4,731
Sep 202002,28237.091.99$4,544
Aug 202002,80039.982.39$6,678
Jul 202003,96638.371.83$7,238
Jun 202003,78734.901.69$6,401
May 202003,04316.921.81$5,522
Apr 202002,88314.751.80$5,202
Mar 202002,79930.341.86$5,196
Feb 202002,55449.881.98$5,059
Jan 202002,79457.252.09$5,853
Dec 201902,84159.012.30$6,547
Nov 201902,73155.302.75$7,512
Oct 201902,87153.472.42$6,944
Sep 201903,00955.052.66$7,996
Aug 201903,20053.112.30$7,374
Jul 201903,19556.272.46$7,860
Jun 201903,08352.782.49$7,680
May 201903,20358.482.74$8,777
Apr 201903,19062.632.75$8,775
Mar 201903,36356.803.06$10,298
Feb 201902,67150.852.79$7,458
Jan 201903,26746.033.23$10,546
Dec 201803,44846.594.19$14,431
Nov 201803,21352.934.24$13,614
Oct 201803,49861.443.40$11,886
Sep 201803,36459.543.11$10,455
Aug 201803,36459.403.07$10,316
Jul 201803,04265.142.93$8,919
Jun 201802,39660.183.08$7,372
May 201803,28465.382.90$9,526
Apr 201803,11263.842.90$9,027
Mar 201803,47261.222.79$9,676
Feb 201803,12161.782.77$8,633
Jan 201803,44662.874.01$13,816
Dec 201703,68957.272.92$10,777
Nov 201703,35855.423.12$10,471
Oct 201703,70449.292.98$11,052
Sep 201703,72547.523.09$11,500
Aug 201703,90745.373.00$11,738
Jul 201703,86743.873.09$11,939
Jun 201703,37642.493.09$10,423
May 201704,02145.373.26$13,122
Apr 201703,86847.933.21$12,422
Mar 201704,02146.772.98$11,997
Feb 201703,18550.452.95$9,404
Jan 201703,59649.413.42$12,294
Dec 201603,51148.763.72$13,071
Nov 201603,73642.492.64$9,879
Oct 201603,80846.193.09$11,768
Sep 201603,72041.553.10$11,534
Aug 201604,25441.442.92$12,440
Jul 201603,68741.622.92$10,782
Jun 201603,02245.352.69$8,117
May 201684,13242.521.99$8,567
Apr 2016253,67136.561.99$8,223
Mar 201603,42233.011.79$6,139
Feb 201602,50726.472.06$5,174
Jan 2016174,45727.352.36$11,003
Dec 201505,14132.362.00$10,289
Nov 201502,46238.792.17$5,336
Oct 201504,62343.552.43$11,218
Sep 201504,23042.992.76$11,668
Aug 201504,30640.162.87$12,369
Jul 201503,82148.152.95$11,253
Jun 201502,12056.152.88$6,112
May 201503,97055.212.96$11,733
Apr 201504,17849.822.71$11,308
Mar 201504,86642.892.93$14,280
Feb 201503,75044.662.98$11,161
Jan 201503,47843.433.10$10,784
Dec 201403,95554.693.59$14,204
Nov 201404,84670.464.25$20,604
Oct 201405,29478.303.90$20,652
Sep 201405,14086.164.05$20,794
Aug 201405,15189.394.04$20,785
Jul 201404,94596.564.18$20,668
Jun 201403,79898.164.74$17,991
May 2014394,68894.734.73$25,853
Apr 201403,92995.944.81$18,895
Mar 201405,59895.895.06$28,308
Feb 201404,01397.406.19$24,849
Jan 201404,88590.404.86$23,745
Dec 201305,63891.824.35$24,551
Nov 201304,02088.853.74$15,028
Oct 201304,66897.423.78$17,642
Sep 201304,775104.113.72$17,752
Aug 201306,478104.253.52$22,819
Jul 2013574,856102.523.72$23,897
Jun 201304,80294.403.93$18,888
May 201306,85794.834.15$28,450
Apr 201304,98793.964.28$21,357
Mar 201305,67793.623.91$22,213
Feb 201306,91691.233.42$23,652
Jan 201308,13091.603.42$27,804
Dec 201205,92686.773.42$20,268
Nov 201204,33186.953.62$15,700
Oct 201204,30489.383.40$14,632
Sep 201204,34694.672.92$12,683
Aug 201206,29792.662.91$18,313
Jul 201205,70085.133.02$17,219
Jun 201203,38779.822.52$8,532
May 201205,14691.612.49$12,805
Apr 201207,502101.652.00$14,980
Mar 201208,618105.052.22$19,150
Feb 201206,319101.102.57$16,241
Jan 201203,89098.092.73$10,636
Dec 201105,58396.873.24$18,087
Nov 201105,48395.723.31$18,156
Oct 2011235,25784.983.65$21,135
Sep 201106,12883.623.99$24,425
Aug 201107,30683.404.15$30,315
Jul 201108,21894.144.52$37,123
Jun 201108,27592.904.64$38,395
May 201103,25798.134.40$14,347
Apr 201107,527105.964.33$32,617
Mar 2011356,72096.364.06$30,638
Feb 201107,61485.644.18$31,826
Jan 201103,91886.504.59$17,979
Dec 201004,37385.734.35$19,013
Nov 201006,01380.843.80$22,821
Oct 201007,65378.103.51$26,854
Sep 2010298,44272.633.98$35,701
Aug 201008,99573.684.42$39,752
Jul 201009,77972.554.74$46,318
Jun 201008,89770.364.91$43,688
May 201009,47971.124.24$40,146
Apr 201004,68581.694.12$19,315
Mar 201008,64678.394.39$37,944
Feb 201009,00173.585.44$48,987
Jan 201009,36574.365.96$55,854
Dec 2009279,70971.445.48$55,171
Nov 2009010,56274.593.75$39,623
Oct 2009011,01672.544.11$45,279
Sep 2009010,76165.543.06$32,980
Aug 2009011,43667.423.22$36,807
Jul 2009011,30161.133.46$39,152
Jun 20093612,03566.163.90$49,258
May 2009012,09254.743.93$47,470
Apr 2009012,82146.773.59$45,995
Mar 20092110,56542.144.06$43,768
Feb 2009013,29732.814.63$61,605
Jan 2009012,68735.865.37$68,142
Dec 2008011,93737.105.98$71,349
Nov 2008013,22855.496.86$90,749
Oct 2008013,54175.246.92$93,731
Sep 2008013,655101.767.88$107,562
Aug 2008014,589114.228.48$123,759
Jul 2008014,074131.0811.39$160,295
Jun 2008014,743131.3313.03$192,140
May 2008015,777123.1711.57$182,608
Apr 2008015,969110.3110.45$166,954
Mar 2008017,027101.909.66$164,550
Feb 2008017,01892.538.77$149,258
Jan 2008019,79690.388.21$162,441
Dec 2007020,10688.337.30$146,813
Nov 2007019,08391.677.29$139,148
Oct 2007021,60382.856.92$149,536
Sep 2007021,78575.846.24$136,029
Aug 2007024,54869.066.39$156,811
Jul 2007026,14570.906.39$167,013
Jun 2007027,14962.007.55$204,933
May 2007028,67558.747.85$224,992
Apr 2007031,83759.617.81$248,494
Mar 2007031,17756.927.30$227,654
Feb 2007033,20555.108.22$272,812
Jan 2007038,64750.306.73$259,973
Dec 2006035,82856.656.92$247,874
Nov 2006036,88854.207.62$280,994
Oct 2006038,42354.906.01$231,068
Sep 2006034,61660.085.04$174,368
Aug 2006044,48968.717.34$326,546
Jul 2006056,55269.376.34$358,696
Jun 2006448,11866.286.38$307,445
May 200614860,81366.016.42$400,493
Apr 2006096,09764.397.36$707,320
Mar 20060165,42256.707.08$1,171,671
Feb 20060198,69857.597.75$1,540,132
Jan 2006099,47260.598.93$888,615

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                  954 Mcf  × $  3.05 =     $2,906

────────────────────────────────────────────────────
Month total                                   $2,906

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/218316 is the state's own key, not one this site invented.