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 219462District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Feb 2006 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
244
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 Gas222006-12-15 – 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
CondensateDisposition2,805 bbl$197,656
GasProduction1,224,784 Mcf$6,782,509
Total$6,980,164

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 27.2055, -99.1527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20548, -99.15274 · 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
11,800 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 11,800 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-505354161311,800 ftFeb 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 (244)

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

244 months

May 202602,381106.413.05$7,252
Apr 202602,71798.932.87$7,797
Mar 2026253,43689.753.15$13,065
Feb 2026223,63563.503.75$15,029
Jan 202602,75859.138.00$22,058
Dec 20251389356.664.41$4,678
Nov 202501,06758.593.93$4,190
Oct 2025077059.383.30$2,545
Sep 2025121,06162.743.08$4,017
Aug 2025090763.933.01$2,734
Jul 2025074166.743.32$2,457
Jun 20251598366.483.13$4,073
May 2025098160.553.23$3,171
Apr 202501,09762.363.54$3,887
Mar 202501,56967.704.27$6,697
Feb 20252087770.884.34$5,225
Jan 202501,35874.324.28$5,810
Dec 202401,22368.993.12$3,817
Nov 2024221,12869.052.20$3,999
Oct 202401,90871.372.28$4,353
Sep 202402,71969.612.36$6,429
Aug 20242073075.632.06$3,019
Jul 2024877079.932.15$2,292
Jun 202401,05478.082.63$2,776
May 202401,26178.812.20$2,772
Apr 202401,06284.451.66$1,762
Mar 2024291,46680.301.55$4,594
Feb 2024099176.091.78$1,768
Jan 202401,24973.023.30$4,119
Dec 20232693571.262.61$4,294
Nov 2023141,07477.892.81$4,106
Oct 202301,07585.443.09$3,319
Sep 202392,39489.042.74$7,349
Aug 202301,50880.522.67$4,031
Jul 2023111,24074.852.64$4,099
Jun 202301,47668.962.26$3,334
May 2023081370.622.23$1,811
Apr 2023070878.122.24$1,584
Mar 20231087672.852.39$2,825
Feb 2023976975.112.47$2,572
Jan 2023069676.533.39$2,358
Dec 2022073376.415.73$4,199
Nov 2022082985.005.65$4,681
Oct 202291,21287.185.86$7,892
Sep 202201,38084.888.16$11,266
Aug 2022984894.529.13$8,591
Jul 20220646101.587.54$4,872
Jun 20220549115.097.98$4,379
May 20220894109.378.43$7,539
Apr 202201,053104.226.84$7,200
Mar 202201,916108.885.08$9,726
Feb 2022077191.054.86$3,746
Jan 2022121,10281.844.54$5,983
Dec 202101,13771.323.90$4,433
Nov 202101,03777.435.24$5,431
Oct 202101,05479.795.71$6,022
Sep 2021131,08269.865.35$6,698
Aug 202101,36366.024.22$5,753
Jul 202101,32670.783.98$5,280
Jun 202101,41569.493.38$4,784
May 2021121,35663.483.02$4,854
Apr 2021271,40360.362.76$5,500
Mar 202101,47861.302.72$4,016
Feb 202101,35757.805.55$7,529
Jan 202101,49050.412.81$4,187
Dec 2020141,61344.642.68$4,940
Nov 202001,47438.772.71$3,989
Oct 202001,55436.972.48$3,851
Sep 2020151,56637.091.99$3,674
Aug 202001,47739.982.39$3,523
Jul 202001,53238.371.83$2,796
Jun 202001,42934.901.69$2,415
May 202001,50416.921.81$2,729
Apr 2020571,71714.751.80$3,939
Mar 202001,71730.341.86$3,187
Feb 202001,86749.881.98$3,698
Jan 202002,21657.252.09$4,642
Dec 201902,24259.012.30$5,166
Nov 201902,18055.302.75$5,997
Oct 2019162,28453.472.42$6,379
Sep 201902,16655.052.66$5,756
Aug 201902,29753.112.30$5,293
Jul 2019262,30356.272.46$7,129
Jun 201902,23952.782.49$5,578
May 201902,22158.482.74$6,086
Apr 201902,11262.632.75$5,809
Mar 2019182,15156.803.06$7,609
Feb 201902,16950.852.79$6,056
Jan 2019362,27746.033.23$9,008
Dec 201802,29746.594.19$9,614
Nov 201802,10752.934.24$8,928
Oct 201802,31261.443.40$7,856
Sep 201802,30559.543.11$7,164
Aug 201802,38159.403.07$7,301
Jul 201802,42965.142.93$7,122
Jun 201802,31460.183.08$7,120
May 2018182,39365.382.90$8,118
Apr 2018182,27763.842.90$7,754
Mar 201802,42661.222.79$6,761
Feb 2018182,21661.782.77$7,242
Jan 2018192,53762.874.01$11,366
Dec 201702,50457.272.92$7,315
Nov 2017182,53855.423.12$8,912
Oct 201702,72249.292.98$8,122
Sep 2017182,58747.523.09$8,842
Aug 201702,68145.373.00$8,055
Jul 2017182,80143.873.09$9,437
Jun 201702,70042.493.09$8,336
May 2017172,82545.373.26$9,990
Apr 2017172,71547.933.21$9,534
Mar 201703,02246.772.98$9,017
Feb 2017352,34950.452.95$8,701
Jan 201702,67649.413.42$9,149
Dec 2016322,84448.763.72$12,148
Nov 201602,70342.492.64$7,148
Oct 201602,68746.193.09$8,304
Sep 2016162,63141.553.10$8,823
Aug 2016172,82741.442.92$8,972
Jul 201602,87941.622.92$8,419
Jun 201602,84145.352.69$7,630
May 2016133,05042.521.99$6,625
Apr 201682,91336.561.99$6,092
Mar 2016201,83833.011.79$3,958
Feb 201602,79426.472.06$5,766
Jan 2016282,74227.352.36$7,249
Dec 2015102,82332.362.00$5,974
Nov 201502,64138.792.17$5,724
Oct 201502,93043.552.43$7,110
Sep 201501,56742.992.76$4,322
Aug 201503,21340.162.87$9,229
Jul 2015103,32748.152.95$10,280
Jun 2015123,50856.152.88$10,787
May 201503,14855.212.96$9,304
Apr 201503,12949.822.71$8,469
Mar 201503,88342.892.93$11,395
Feb 201543,26444.662.98$9,893
Jan 201502,89843.433.10$8,986
Dec 2014123,40154.693.59$12,871
Nov 201453,24270.464.25$14,137
Oct 201403,43278.303.90$13,388
Sep 201403,36486.164.05$13,609
Aug 201403,61389.394.04$14,579
Jul 201403,49396.564.18$14,599
Jun 201403,53198.164.74$16,726
May 201403,62694.734.73$17,139
Apr 201403,57195.944.81$17,173
Mar 201453,74295.895.06$19,402
Feb 201453,38897.406.19$21,466
Jan 2014153,71090.404.86$19,389
Dec 201303,91591.824.35$17,048
Nov 201373,33888.853.74$13,100
Oct 201303,49397.423.78$13,201
Sep 201373,601104.113.72$14,116
Aug 201324,169104.253.52$14,894
Jul 2013123,556102.523.72$14,451
Jun 201303,96494.403.93$15,592
May 201374,00294.834.15$17,268
Apr 201323,93593.964.28$17,040
Mar 201303,92393.623.91$15,350
Feb 201313,45291.233.42$11,897
Jan 201304,18191.603.42$14,299
Dec 201203,69686.773.42$12,641
Nov 201203,82786.953.62$13,873
Oct 201203,69189.383.40$12,548
Sep 201203,88294.672.92$11,329
Aug 201204,16692.662.91$12,115
Jul 201204,30185.133.02$12,992
Jun 201204,30879.822.52$10,852
May 201204,40391.612.49$10,956
Apr 201204,384101.652.00$8,754
Mar 201204,549105.052.22$10,108
Feb 201204,359101.102.57$11,204
Jan 2012164,87898.092.73$14,906
Dec 201104,80296.873.24$15,557
Nov 2011414,62395.723.31$19,233
Oct 2011124,78884.983.65$18,489
Sep 201104,89583.623.99$19,510
Aug 2011425,22983.404.15$25,200
Jul 2011405,26394.144.52$27,540
Jun 201105,06292.904.64$23,487
May 2011385,29598.134.40$27,052
Apr 2011445,151105.964.33$26,983
Mar 2011205,37496.364.06$23,731
Feb 2011645,02885.644.18$26,498
Jan 201105,43786.504.59$24,949
Dec 2010215,38585.734.35$25,213
Nov 2010235,13080.843.80$21,329
Oct 2010244,92278.103.51$19,145
Sep 2010185,71672.633.98$24,054
Aug 2010205,59273.684.42$26,187
Jul 2010185,54872.554.74$27,584
Jun 2010165,72670.364.91$29,243
May 2010176,09971.124.24$27,040
Apr 2010175,67781.694.12$24,793
Mar 2010175,50878.394.39$25,505
Feb 2010395,85473.585.44$34,729
Jan 2010466,70974.365.96$43,434
Dec 2009276,57371.445.48$37,974
Nov 2009256,67374.593.75$26,899
Oct 2009257,11672.544.11$31,062
Sep 2009457,15665.543.06$24,881
Aug 2009226,30167.423.22$21,763
Jul 2009136,76561.133.46$24,232
Jun 200907,27666.163.90$28,340
May 200907,55554.743.93$29,659
Apr 200906,96546.773.59$24,987
Mar 200907,95842.144.06$32,302
Feb 200906,27232.814.63$29,058
Jan 200977,17535.865.37$38,788
Dec 2008776,91637.105.98$44,195
Nov 2008548,52555.496.86$61,481
Oct 2008748,55275.246.92$64,765
Sep 2008689,052101.767.88$78,223
Aug 2008579,662114.228.48$88,473
Jul 2008948,839131.0811.39$112,993
Jun 2008598,222131.3313.03$114,903
May 200808,817123.1711.57$102,051
Apr 200808,397110.3110.45$87,789
Mar 200809,367101.909.66$90,523
Feb 200808,55892.538.77$75,059
Jan 200809,01190.388.21$73,942
Dec 200709,82888.337.30$71,764
Nov 200708,93791.677.29$65,166
Oct 2007010,85182.856.92$75,110
Sep 2007011,21475.846.24$70,022
Aug 200718,91369.066.39$57,005
Jul 2007489,35070.906.39$63,130
Jun 20075012,00862.007.55$93,742
May 20078114,66458.747.85$119,816
Apr 20078516,24359.617.81$131,847
Mar 200713419,43156.927.30$149,512
Feb 20079720,62355.108.22$174,783
Jan 20079416,28350.306.73$114,262
Dec 2006011,49956.656.92$79,555
Nov 2006014,79654.207.62$112,708
Oct 2006013,38854.906.01$80,513
Sep 2006019,82560.085.04$99,862
Aug 2006018,65768.717.34$136,941
Jul 2006011,79169.376.34$74,787
Jun 2006023,06766.286.38$147,257
May 2006029,81566.016.42$191,561
Apr 2006043,54764.397.36$320,527
Mar 2006089,40556.707.08$633,248
Feb 2006076,75957.597.75$594,968

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                2,381 Mcf  × $  3.05 =     $7,252

────────────────────────────────────────────────────
Month total                                   $7,252

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/219462 is the state's own key, not one this site invented.