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 218318District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jan 2006 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition190 bbl$11,099
GasProduction143,756 Mcf$1,009,725
Total$1,020,824

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 27.1975, -99.1447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19749, -99.14467 · 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
12,125 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 12,125 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-505353601112,125 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20168042.521.99$340
Apr 2016253636.561.99$986
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201624027.352.36$656
Dec 2015052132.362.00$1,043
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201507342.992.76$201
Aug 201509140.162.87$261
Jul 201509248.152.95$271
Jun 201509256.152.88$265
May 2015012855.212.96$378
Apr 201508849.822.71$238
Mar 201509942.892.93$291
Feb 2015012744.662.98$378
Jan 2015016643.433.10$515
Dec 201409454.693.59$338
Nov 201409170.464.25$387
Oct 2014028278.303.90$1,100
Sep 201402686.164.05$105
Aug 201408389.394.04$335
Jul 201409296.564.18$385
Jun 2014011998.164.74$564
May 201439794.734.73$743
Apr 201409395.944.81$447
Mar 201409695.895.06$485
Feb 201408797.406.19$539
Jan 201409490.404.86$457
Dec 201309691.824.35$418
Nov 201309288.853.74$344
Oct 2013010097.423.78$378
Sep 2013091104.113.72$338
Aug 20130110104.253.52$387
Jul 2013086102.523.72$320
Jun 201309394.403.93$366
May 201309994.834.15$411
Apr 201309893.964.28$420
Mar 2013017193.623.91$669
Feb 2013010291.233.42$349
Jan 2013035291.603.42$1,204
Dec 201204186.773.42$140
Nov 201205286.953.62$189
Oct 2012011789.383.40$398
Sep 2012018694.672.92$543
Aug 2012010492.662.91$302
Jul 2012025885.133.02$779
Jun 201209879.822.52$247
May 2012013791.612.49$341
Apr 20120121101.652.00$242
Mar 20120134105.052.22$298
Feb 20120186101.102.57$478
Jan 201206798.092.73$183
Dec 2011014696.873.24$473
Nov 2011015495.723.31$510
Oct 2011016984.983.65$617
Sep 2011018483.623.99$733
Aug 2011013383.404.15$552
Jul 2011050694.144.52$2,286
Jun 20110592.904.64$23
May 2011078398.134.40$3,449
Apr 20110306105.964.33$1,326
Mar 20111326896.364.06$2,340
Feb 2011094885.644.18$3,963
Jan 2011012586.504.59$574
Dec 2010017085.734.35$739
Nov 201009180.843.80$345
Oct 2010018078.103.51$632
Sep 20104350272.633.98$5,121
Aug 2010050373.684.42$2,223
Jul 2010058372.554.74$2,761
Jun 201001,12470.364.91$5,519
May 2010088271.124.24$3,735
Apr 2010064681.694.12$2,663
Mar 2010046778.394.39$2,050
Feb 2010074273.585.44$4,038
Jan 2010082374.365.96$4,908
Dec 20092680471.445.48$6,266
Nov 200901,04174.593.75$3,905
Oct 2009073772.544.11$3,029
Sep 2009075465.543.06$2,311
Aug 2009078667.423.22$2,530
Jul 200901,00261.133.46$3,471
Jun 2009271,24466.163.90$6,632
May 200901,17354.743.93$4,605
Apr 200901,16446.773.59$4,176
Mar 2009211,35542.144.06$6,385
Feb 200901,38232.814.63$6,403
Jan 200901,58335.865.37$8,502
Dec 200801,20437.105.98$7,196
Nov 200801,80655.496.86$12,390
Oct 200801,20575.246.92$8,341
Sep 200801,595101.767.88$12,564
Aug 200801,153114.228.48$9,781
Jul 200801,699131.0811.39$19,351
Jun 20080475131.3313.03$6,191
May 200801,574123.1711.57$18,218
Apr 20080749110.3110.45$7,831
Mar 20080903101.909.66$8,727
Feb 200801,37792.538.77$12,077
Jan 200802,69190.388.21$22,082
Dec 2007083088.337.30$6,061
Nov 200701,56691.677.29$11,419
Oct 200703,09182.856.92$21,396
Sep 200701,82575.846.24$11,396
Aug 200701,43369.066.39$9,154
Jul 2007073170.906.39$4,670
Jun 200703,09762.007.55$23,378
May 200702,17958.747.85$17,097
Apr 200701,49259.617.81$11,645
Mar 200701,47856.927.30$10,792
Feb 200702,23455.108.22$18,355
Jan 200704,85250.306.73$32,639
Dec 200602,91456.656.92$20,160
Nov 2006036254.207.62$2,758
Oct 200603,11654.906.01$18,739
Sep 200602,44560.085.04$12,316
Aug 200605,31168.717.34$38,982
Jul 200603,83369.376.34$24,312
Jun 200602,70466.286.38$17,262
May 200603,64566.016.42$23,419
Apr 200604,53464.397.36$33,372
Mar 200606,98456.707.08$49,467
Feb 200607,16857.597.75$55,560
Jan 2006030,27860.598.93$270,483

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 2016 — as filed, then multipliedworked
Condensate             8 bbl  × $ 42.52 =       $340
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                     $340

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/218318 is the state's own key, not one this site invented.