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 219645District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Oct 2005 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
248
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
CondensateDisposition3,606 bbl$225,125
GasProduction779,359 Mcf$5,110,136
Total$5,335,262

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 27.1993, -99.1564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19934, -99.15640 · 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
12,113 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 12,113 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-50535308812,113 ftOct 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 (248)

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

248 months

May 20260310106.413.05$944
Apr 2026025398.932.87$726
Mar 2026231089.753.15$1,156
Feb 2026425663.503.75$1,214
Jan 2026029459.138.00$2,351
Dec 2025424856.664.41$1,321
Nov 2025040358.593.93$1,582
Oct 2025022059.383.30$727
Sep 2025425362.743.08$1,029
Aug 2025023063.933.01$693
Jul 2025023866.743.32$789
Jun 2025833266.483.13$1,571
May 2025050260.553.23$1,623
Apr 2025025262.363.54$893
Mar 2025047367.704.27$2,019
Feb 20251354370.884.34$3,279
Jan 2025092374.324.28$3,949
Dec 2024074668.993.12$2,329
Nov 20241098969.052.20$2,865
Oct 2024094971.372.28$2,165
Sep 2024076569.612.36$1,809
Aug 2024855875.632.06$1,757
Jul 2024373379.932.15$1,813
Jun 2024049778.082.63$1,309
May 2024075578.812.20$1,660
Apr 2024075884.451.66$1,258
Mar 2024686180.301.55$1,812
Feb 2024073876.091.78$1,316
Jan 2024096173.023.30$3,169
Dec 2023496071.262.61$2,791
Nov 2023464377.892.81$2,117
Oct 2023073885.443.09$2,278
Sep 2023875489.042.74$2,775
Aug 2023034780.522.67$927
Jul 20231064174.852.64$2,442
Jun 2023064368.962.26$1,452
May 2023065670.622.23$1,461
Apr 2023079378.122.24$1,775
Mar 2023121,09072.852.39$3,483
Feb 20231473275.112.47$2,856
Jan 2023077676.533.39$2,629
Dec 2022084476.415.73$4,835
Nov 2022086585.005.65$4,884
Oct 20221486687.185.86$6,299
Sep 2022078884.888.16$6,433
Aug 2022141,10494.529.13$11,400
Jul 202201,163101.587.54$8,771
Jun 202201,172115.097.98$9,349
May 202201,178109.378.43$9,934
Apr 202201,187104.226.84$8,116
Mar 202201,145108.885.08$5,812
Feb 2022073291.054.86$3,557
Jan 2022111,02081.844.54$5,529
Dec 202101,04171.323.90$4,059
Nov 202101,01377.435.24$5,305
Oct 202101,13179.795.71$6,462
Sep 202171,08869.865.35$6,311
Aug 202101,51066.024.22$6,373
Jul 202101,53870.783.98$6,124
Jun 202101,81169.493.38$6,122
May 202152,61863.483.02$8,218
Apr 20211152260.362.76$2,104
Mar 2021057261.302.72$1,554
Feb 2021055557.805.55$3,079
Jan 2021061850.412.81$1,737
Dec 2020560144.642.68$1,831
Nov 2020060838.772.71$1,646
Oct 2020067836.972.48$1,680
Sep 2020584437.091.99$1,866
Aug 2020065339.982.39$1,557
Jul 2020069638.371.83$1,270
Jun 2020068834.901.69$1,163
May 2020083716.921.81$1,519
Apr 20201869314.751.80$1,516
Mar 202001,01830.341.86$1,890
Feb 2020062749.881.98$1,242
Jan 2020068257.252.09$1,429
Dec 2019068659.012.30$1,581
Nov 2019067855.302.75$1,865
Oct 2019673753.472.42$2,103
Sep 2019071755.052.66$1,905
Aug 2019076453.112.30$1,761
Jul 20191181056.272.46$2,612
Jun 2019091752.782.49$2,284
May 2019089958.482.74$2,464
Apr 2019071162.632.75$1,956
Mar 2019875056.803.06$2,751
Feb 2019073950.852.79$2,063
Jan 20191573646.033.23$3,066
Dec 2018077146.594.19$3,227
Nov 2018071852.934.24$3,042
Oct 2018071661.443.40$2,433
Sep 2018070659.543.11$2,194
Aug 2018072259.403.07$2,214
Jul 2018081465.142.93$2,387
Jun 2018094060.183.08$2,892
May 201871,11165.382.90$3,680
Apr 2018894463.842.90$3,249
Mar 201801,01461.222.79$2,826
Feb 20181095461.782.77$3,257
Jan 2018101,01762.874.01$4,706
Dec 201701,08757.272.92$3,176
Nov 201791,13355.423.12$4,032
Oct 201701,24349.292.98$3,709
Sep 201761,17747.523.09$3,919
Aug 2017079945.373.00$2,401
Jul 201741,01943.873.09$3,321
Jun 201701,21542.493.09$3,751
May 201741,25145.373.26$4,264
Apr 201751,25647.933.21$4,273
Mar 201701,33146.772.98$3,971
Feb 20171597950.452.95$3,647
Jan 201701,04149.413.42$3,559
Dec 2016181,64748.763.72$7,009
Nov 201601,32742.492.64$3,509
Oct 201601,59346.193.09$4,923
Sep 2016101,54341.553.10$5,200
Aug 2016101,64941.442.92$5,237
Jul 201601,72141.622.92$5,033
Jun 201601,75345.352.69$4,708
May 201671,68642.521.99$3,655
Apr 201631,06436.561.99$2,228
Mar 2016191,51433.011.79$3,343
Feb 201601,40126.472.06$2,891
Jan 2016101,14727.352.36$2,985
Dec 2015141,80632.362.00$4,068
Nov 201501,71538.792.17$3,717
Oct 201501,85143.552.43$4,492
Sep 201501,35342.992.76$3,732
Aug 201501,74240.162.87$5,004
Jul 2015102,09248.152.95$6,643
Jun 2015372,08556.152.88$8,088
May 201501,48455.212.96$4,386
Apr 201501,99649.822.71$5,402
Mar 20151582,54542.892.93$14,245
Feb 20151461,96844.662.98$12,378
Jan 201501,41443.433.10$4,384
Dec 2014121,69154.693.59$6,729
Nov 201451,57270.464.25$7,036
Oct 201402,01278.303.90$7,849
Sep 201401,97886.164.05$8,002
Aug 201402,14689.394.04$8,659
Jul 201402,06196.564.18$8,614
Jun 201401,94698.164.74$9,218
May 201402,13094.734.73$10,068
Apr 201402,09995.944.81$10,094
Mar 201462,22595.895.06$11,827
Feb 201451,97697.406.19$12,722
Jan 2014182,10090.404.86$11,835
Dec 201302,11491.824.35$9,205
Nov 201392,07888.853.74$8,568
Oct 201302,27997.423.78$8,613
Sep 201362,548104.113.72$10,097
Aug 201321,617104.253.52$5,905
Jul 2013122,023102.523.72$8,751
Jun 201302,36594.403.93$9,303
May 201372,21294.834.15$9,842
Apr 201322,27993.964.28$9,948
Mar 201302,31993.623.91$9,074
Feb 201312,15891.233.42$7,471
Jan 201302,42491.603.42$8,290
Dec 201202,49786.773.42$8,540
Nov 201202,50386.953.62$9,073
Oct 201202,33789.383.40$7,945
Sep 201202,48994.672.92$7,264
Aug 201242,64992.662.91$8,074
Jul 201202,69685.133.02$8,144
Jun 201202,67879.822.52$6,746
May 201204,29691.612.49$10,690
Apr 2012552,720101.652.00$11,022
Mar 201202,783105.052.22$6,184
Feb 201202,404101.102.57$6,179
Jan 2012262,83998.092.73$10,312
Dec 201102,76396.873.24$8,951
Nov 2011132,67395.723.31$10,095
Oct 201142,61484.983.65$9,877
Sep 201102,69683.623.99$10,746
Aug 2011132,94483.404.15$13,300
Jul 2011122,82494.144.52$13,886
Jun 201103,02892.904.64$14,050
May 2011133,19198.134.40$15,331
Apr 2011153,134105.964.33$15,170
Mar 201173,23496.364.06$13,796
Feb 2011282,94285.644.18$14,695
Jan 201103,13686.504.59$14,390
Dec 2010133,25685.734.35$15,271
Nov 2010153,22380.843.80$13,445
Oct 2010153,33778.103.51$12,881
Sep 2010113,57872.633.98$15,037
Aug 2010253,47873.684.42$17,213
Jul 2010283,51772.554.74$18,690
Jun 2010253,25970.364.91$17,762
May 2010263,60871.124.24$17,130
Apr 2010273,43881.694.12$16,379
Mar 2010283,67878.394.39$18,336
Feb 2010583,31673.585.44$22,315
Jan 2010663,82274.365.96$27,703
Dec 2009383,94671.445.48$24,354
Nov 2009364,13274.593.75$18,186
Oct 2009334,13772.544.11$19,398
Sep 2009634,04565.543.06$16,526
Aug 2009334,22967.423.22$15,836
Jul 2009204,29161.133.46$16,089
Jun 200904,33666.163.90$16,889
May 200904,54754.743.93$17,850
Apr 200904,53846.773.59$16,280
Mar 200904,78942.144.06$19,439
Feb 200904,38732.814.63$20,325
Jan 200904,99535.865.37$26,828
Dec 200804,51537.105.98$26,987
Nov 200804,80455.496.86$32,957
Oct 200805,09975.246.92$35,295
Sep 200805,037101.767.88$39,677
Aug 200805,326114.228.48$45,181
Jul 200805,251131.0811.39$59,806
Jun 200805,565131.3313.03$72,527
May 200805,911123.1711.57$68,416
Apr 200805,849110.3110.45$61,150
Mar 200806,215101.909.66$60,062
Feb 200805,84892.538.77$51,290
Jan 200806,32090.388.21$51,860
Dec 200706,89588.337.30$50,347
Nov 200706,49891.677.29$47,381
Oct 200707,73082.856.92$53,507
Sep 200707,53175.846.24$47,025
Aug 200727,93669.066.39$50,833
Jul 20071948,75670.906.39$69,687
Jun 20071548,87562.007.55$76,540
May 20072299,69058.747.85$89,482
Apr 20071989,07959.617.81$82,666
Mar 200731510,69056.927.30$95,988
Feb 20071597,31755.108.22$68,877
Jan 200726210,96450.306.73$86,932
Dec 200609,11756.656.92$63,075
Nov 200606,70154.207.62$51,045
Oct 2006011,00854.906.01$66,200
Sep 2006011,13860.085.04$56,104
Aug 2006012,78168.717.34$93,812
Jul 2006615,11169.376.34$96,262
Jun 200610214,04766.286.38$96,435
May 20065315,73566.016.42$104,596
Apr 20067811,51164.397.36$89,749
Mar 20066314,42456.707.08$105,736
Feb 20065415,34957.597.75$122,082
Jan 20067121,45360.598.93$195,948
Dec 20056522,75354.9413.42$308,812
Nov 2005034,79554.6910.59$368,423
Oct 2005251,40458.3413.80$709,274

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                  310 Mcf  × $  3.05 =       $944

────────────────────────────────────────────────────
Month total                                     $944

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/219645 is the state's own key, not one this site invented.