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 220418District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jan 2006 – May 2026
Value, last 12 filed months
$12 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 Gas112007-08-31169186
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
CondensateDisposition1,611 bbl$102,761
GasProduction443,171 Mcf$2,708,686
Total$2,811,447

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 27.1811, -99.1530. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18113, -99.15296 · 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
Jan 2006
1 of 1 wells

1 well

42-50535426912,000 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 20260208106.413.05$634
Apr 2026022198.932.87$634
Mar 2026026789.753.15$841
Feb 2026034163.503.75$1,279
Jan 2026028059.138.00$2,239
Dec 2025026456.664.41$1,165
Nov 2025022758.593.93$891
Oct 2025024559.383.30$810
Sep 2025032662.743.08$1,003
Aug 2025023063.933.01$693
Jul 2025031566.743.32$1,044
Jun 2025022866.483.13$713
May 2025023160.553.23$747
Apr 2025024062.363.54$850
Mar 2025030267.704.27$1,289
Feb 2025049470.884.34$2,144
Jan 2025057974.324.28$2,477
Dec 2024016468.993.12$512
Nov 2024028369.052.20$622
Oct 2024017371.372.28$395
Sep 2024018569.612.36$437
Aug 2024020475.632.06$421
Jul 2024026979.932.15$577
Jun 2024041278.082.63$1,085
May 2024033978.812.20$745
Apr 2024032684.451.66$541
Mar 2024049280.301.55$760
Feb 2024042476.091.78$756
Jan 2024028273.023.30$930
Dec 2023042171.262.61$1,099
Nov 2023042177.892.81$1,182
Oct 2023049085.443.09$1,513
Sep 2023061289.042.74$1,674
Aug 2023061380.522.67$1,638
Jul 2023016574.852.64$436
Jun 2023017268.962.26$388
May 2023015170.622.23$336
Apr 2023021978.122.24$490
Mar 2023020272.852.39$483
Feb 2023027475.112.47$676
Jan 2023019776.533.39$667
Dec 2022026576.415.73$1,518
Nov 2022022685.005.65$1,276
Oct 2022021687.185.86$1,267
Sep 2022022184.888.16$1,804
Aug 2022025994.529.13$2,364
Jul 20220239101.587.54$1,803
Jun 20220192115.097.98$1,532
May 20220214109.378.43$1,805
Apr 20220259104.226.84$1,771
Mar 20220239108.885.08$1,213
Feb 2022019291.054.86$933
Jan 2022021481.844.54$971
Dec 2021025971.323.90$1,010
Nov 2021020977.435.24$1,095
Oct 2021021979.795.71$1,251
Sep 2021065169.865.35$3,483
Aug 2021061966.024.22$2,613
Jul 2021053970.783.98$2,146
Jun 2021036469.493.38$1,231
May 2021028863.483.02$869
Apr 2021030860.362.76$850
Mar 2021019761.302.72$535
Feb 2021021357.805.55$1,182
Jan 2021025350.412.81$711
Dec 2020024344.642.68$650
Nov 2020025038.772.71$677
Oct 2020042536.972.48$1,053
Sep 2020014437.091.99$287
Aug 2020027439.982.39$654
Jul 2020063538.371.83$1,159
Jun 2020041334.901.69$698
May 2020037616.921.81$682
Apr 2020046314.751.80$835
Mar 2020057830.341.86$1,073
Feb 2020043749.881.98$866
Jan 2020025957.252.09$543
Dec 2019050659.012.30$1,166
Nov 2019066055.302.75$1,815
Oct 2019057753.472.42$1,396
Sep 2019068455.052.66$1,818
Aug 2019070353.112.30$1,620
Jul 2019048956.272.46$1,203
Jun 2019036052.782.49$897
May 2019052158.482.74$1,428
Apr 2019040462.632.75$1,111
Mar 2019039756.803.06$1,216
Feb 2019047750.852.79$1,332
Jan 2019085146.033.23$2,747
Dec 201801,06446.594.19$4,453
Nov 2018029552.934.24$1,250
Oct 2018026861.443.40$911
Sep 2018025059.543.11$777
Aug 2018028159.403.07$862
Jul 2018031865.142.93$932
Jun 2018051560.183.08$1,585
May 2018050265.382.90$1,456
Apr 2018018563.842.90$537
Mar 2018043361.222.79$1,207
Feb 2018037961.782.77$1,048
Jan 2018051462.874.01$2,061
Dec 2017066457.272.92$1,940
Nov 2017056655.423.12$1,765
Oct 2017046749.292.98$1,393
Sep 2017066447.523.09$2,050
Aug 2017077145.373.00$2,316
Jul 201705943.873.09$182
Jun 2017085642.493.09$2,643
May 2017094745.373.26$3,090
Apr 201701,05147.933.21$3,375
Mar 2017066946.772.98$1,996
Feb 2017073050.452.95$2,155
Jan 2017062849.413.42$2,147
Dec 2016085248.763.72$3,172
Nov 2016094442.492.64$2,496
Oct 201601,05746.193.09$3,266
Sep 201631,35341.553.10$4,320
Aug 201601,38541.442.92$4,050
Jul 201601,51541.622.92$4,430
Jun 2016046345.352.69$1,244
May 2016027242.521.99$542
Apr 2016025136.561.99$500
Mar 2016272533.011.79$1,367
Feb 201601,28426.472.06$2,650
Jan 2016415327.352.36$471
Dec 2015010732.362.00$214
Nov 2015030238.792.17$655
Oct 2015012543.552.43$303
Sep 2015162742.992.76$1,773
Aug 20151099940.162.87$3,271
Jul 201501,26048.152.95$3,711
Jun 201561,26156.152.88$3,972
May 201501,42555.212.96$4,212
Apr 2015121,36549.822.71$4,292
Mar 201501,94542.892.93$5,708
Feb 2015371,55844.662.98$6,289
Jan 201571,15943.433.10$3,898
Dec 201401,75954.693.59$6,317
Nov 201401,83070.464.25$7,781
Oct 201401,33778.303.90$5,216
Sep 20148086.164.05$689
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012038686.953.62$1,399
Oct 2012070789.383.40$2,404
Sep 2012064394.672.92$1,877
Aug 2012083392.662.91$2,423
Jul 201211,20885.133.02$3,734
Jun 201201,35879.822.52$3,421
May 2012089091.612.49$2,215
Apr 201201,291101.652.00$2,578
Mar 201201,359105.052.22$3,020
Feb 201201,218101.102.57$3,131
Jan 2012161,35198.092.73$5,263
Dec 201101,43896.873.24$4,659
Nov 201101,41595.723.31$4,685
Oct 201101,45584.983.65$5,309
Sep 201101,65183.623.99$6,581
Aug 201101,07183.404.15$4,444
Jul 201101,23594.144.52$5,579
Jun 20111141,45392.904.64$17,332
May 201101,57098.134.40$6,916
Apr 201101,503105.964.33$6,513
Mar 201101,42096.364.06$5,761
Feb 201101,42685.644.18$5,961
Jan 201101,76986.504.59$8,118
Dec 201001,30285.734.35$5,661
Nov 201001,57880.843.80$5,989
Oct 201001,14178.103.51$4,004
Sep 201001,41872.633.98$5,643
Aug 201001,74773.684.42$7,721
Jul 201011,77772.554.74$8,489
Jun 201001,83470.364.91$9,006
May 201022,06471.124.24$8,884
Apr 201002,01681.694.12$8,311
Mar 201011,68078.394.39$7,451
Feb 201001,48173.585.44$8,060
Jan 201011,93074.365.96$11,585
Dec 200901,53471.445.48$8,412
Nov 200901,72474.593.75$6,468
Oct 200912,22672.544.11$9,222
Sep 200902,22365.543.06$6,813
Aug 200902,03067.423.22$6,534
Jul 200922,53461.133.46$8,901
Jun 200901,75666.163.90$6,840
May 200901,88354.743.93$7,392
Apr 200912,32746.773.59$8,395
Mar 200922,42542.144.06$9,927
Feb 200922,19932.814.63$10,254
Jan 200902,61135.865.37$14,024
Dec 200802,72737.105.98$16,300
Nov 200802,67055.496.86$18,317
Oct 200802,84575.246.92$19,693
Sep 200802,841101.767.88$22,379
Aug 200803,331114.228.48$28,257
Jul 200802,719131.0811.39$30,968
Jun 200803,110131.3313.03$40,531
May 200803,124123.1711.57$36,158
Apr 200803,084110.3110.45$32,243
Mar 200803,318101.909.66$32,065
Feb 200803,13092.538.77$27,452
Jan 200803,70690.388.21$30,410
Dec 200704,02688.337.30$29,398
Nov 20071233,76791.677.29$38,743
Oct 200704,17882.856.92$28,920
Sep 200704,51275.846.24$28,174
Aug 200704,81269.066.39$30,739
Jul 200705,26070.906.39$33,601
Jun 200715,21662.007.55$39,435
May 200705,87258.747.85$46,073
Apr 200706,89459.617.81$53,809
Mar 200736,95256.927.30$50,934
Feb 200705,65555.108.22$46,461
Jan 20071656,59950.306.73$52,690
Dec 200607,11356.656.92$49,211
Nov 200607,95054.207.62$60,559
Oct 200608,58354.906.01$51,616
Sep 20061718,72660.085.04$54,228
Aug 200609,81368.717.34$72,027
Jul 2006311,94969.376.34$75,998
Jun 200618515,70766.286.38$112,533
May 2006022,28766.016.42$143,194
Apr 200618115,56864.397.36$126,243
Mar 200618130,98656.707.08$229,734
Feb 200636453,81457.597.75$438,082
Jan 200605,37960.598.93$48,052

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                  208 Mcf  × $  3.05 =       $634

────────────────────────────────────────────────────
Month total                                     $634

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/220418 is the state's own key, not one this site invented.