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 221324District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
May 2006 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
241
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 Gas112006-12-15171194
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
CondensateDisposition240 bbl$16,475
GasProduction510,393 Mcf$3,025,918
Total$3,042,393

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 27.1807, -99.1654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18075, -99.16540 · 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
12,577 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 12,577 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-505355481112,577 ftMay 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 (241)

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

241 months

May 20260172106.413.05$524
Apr 2026011098.932.87$316
Mar 202608189.753.15$255
Feb 2026014163.503.75$529
Jan 2026017959.138.00$1,432
Dec 2025018656.664.41$821
Nov 2025020958.593.93$821
Oct 2025017259.383.30$568
Sep 2025014262.743.08$437
Aug 2025013463.933.01$404
Jul 2025028666.743.32$948
Jun 2025014866.483.13$463
May 2025017560.553.23$566
Apr 2025018462.363.54$652
Mar 2025014467.704.27$615
Feb 2025012370.884.34$534
Jan 2025014774.324.28$629
Dec 2024015168.993.12$471
Nov 2024015769.052.20$345
Oct 2024017771.372.28$404
Sep 2024016569.612.36$390
Aug 2024022975.632.06$473
Jul 2024014879.932.15$318
Jun 2024015878.082.63$416
May 2024023778.812.20$521
Apr 2024016384.451.66$270
Mar 2024018780.301.55$289
Feb 2024014376.091.78$255
Jan 2024020073.023.30$660
Dec 2023019971.262.61$520
Nov 2023017977.892.81$503
Oct 2023023785.443.09$732
Sep 2023023089.042.74$629
Aug 2023033880.522.67$903
Jul 2023035974.852.64$948
Jun 2023031868.962.26$718
May 2023025670.622.23$570
Apr 2023026278.122.24$586
Mar 2023023972.852.39$572
Feb 2023016575.112.47$407
Jan 2023020976.533.39$708
Dec 2022024776.415.73$1,415
Nov 2022023485.005.65$1,321
Oct 2022026987.185.86$1,577
Sep 2022028184.888.16$2,294
Aug 2022031994.529.13$2,912
Jul 20220266101.587.54$2,006
Jun 20220262115.097.98$2,090
May 20220300109.378.43$2,530
Apr 20220386104.226.84$2,639
Mar 20220160108.885.08$812
Feb 2022023291.054.86$1,127
Jan 2022032981.844.54$1,493
Dec 2021040971.323.90$1,595
Nov 2021076477.435.24$4,001
Oct 2021089179.795.71$5,091
Sep 2021095669.865.35$5,115
Aug 202101,08066.024.22$4,558
Jul 202101,03670.783.98$4,125
Jun 202101,11669.493.38$3,773
May 202101,21863.483.02$3,676
Apr 202101,12260.362.76$3,095
Mar 202101,11661.302.72$3,032
Feb 202101,03557.805.55$5,742
Jan 202101,12750.412.81$3,167
Dec 202001,25144.642.68$3,347
Nov 202001,10438.772.71$2,988
Oct 202001,11836.972.48$2,771
Sep 202001,31837.091.99$2,624
Aug 202001,25039.982.39$2,981
Jul 202001,13538.371.83$2,072
Jun 2020097934.901.69$1,655
May 202001,21216.921.81$2,199
Apr 202001,32114.751.80$2,384
Mar 202001,18830.341.86$2,205
Feb 2020090749.881.98$1,796
Jan 2020087457.252.09$1,831
Dec 2019030259.012.30$696
Nov 2019032255.302.75$886
Oct 2019041953.472.42$1,013
Sep 2019038255.052.66$1,015
Aug 2019018753.112.30$431
Jul 2019039956.272.46$982
Jun 2019035752.782.49$889
May 2019040358.482.74$1,104
Apr 2019035962.632.75$988
Mar 2019032556.803.06$995
Feb 2019031050.852.79$866
Jan 2019022946.033.23$739
Dec 2018033546.594.19$1,402
Nov 2018034452.934.24$1,458
Oct 2018032761.443.40$1,111
Sep 2018031259.543.11$970
Aug 2018030559.403.07$935
Jul 2018033065.142.93$968
Jun 201807060.183.08$215
May 2018051365.382.90$1,488
Apr 2018031263.842.90$905
Mar 2018030961.222.79$861
Feb 2018030361.782.77$838
Jan 2018032262.874.01$1,291
Dec 2017039357.272.92$1,148
Nov 2017025455.423.12$792
Oct 2017082549.292.98$2,462
Sep 2017043947.523.09$1,355
Aug 2017030545.373.00$916
Jul 201702843.873.09$86
Jun 2017057542.493.09$1,775
May 2017074445.373.26$2,428
Apr 2017064747.933.21$2,078
Mar 2017054446.772.98$1,623
Feb 2017041750.452.95$1,231
Jan 2017048349.413.42$1,651
Dec 2016031548.763.72$1,173
Nov 2016035742.492.64$944
Oct 2016043946.193.09$1,357
Sep 2016147841.553.10$1,524
Aug 2016039341.442.92$1,149
Jul 2016054941.622.92$1,605
Jun 201601,00645.352.69$2,702
May 201601,92742.521.99$3,837
Apr 201601,11436.561.99$2,218
Mar 2016239533.011.79$775
Feb 2016017426.472.06$359
Jan 2016226927.352.36$691
Dec 2015029432.362.00$588
Nov 2015063038.792.17$1,365
Oct 2015077843.552.43$1,888
Sep 201511,63442.992.76$4,550
Aug 201511,95240.162.87$5,647
Jul 201501,75548.152.95$5,169
Jun 201541,89556.152.88$5,688
May 201501,92655.212.96$5,692
Apr 201561,51549.822.71$4,399
Mar 2015045642.892.93$1,338
Feb 20151568444.662.98$2,706
Jan 2015740243.433.10$1,550
Dec 2014099254.693.59$3,563
Nov 201401,16270.464.25$4,941
Oct 2014054878.303.90$2,138
Sep 2014078986.164.05$3,192
Aug 20140089.394.04$0
Jul 2014045696.564.18$1,906
Jun 2014062298.164.74$2,946
May 2014051494.734.73$2,429
Apr 2014129595.944.81$1,515
Mar 2014088295.895.06$4,460
Feb 2014051197.406.19$3,164
Jan 2014171690.404.86$3,571
Dec 2013099291.824.35$4,320
Nov 2013015988.853.74$594
Oct 2013093597.423.78$3,534
Sep 20130863104.113.72$3,208
Aug 20130874104.253.52$3,079
Jul 20130649102.523.72$2,413
Jun 2013074294.403.93$2,919
May 2013057794.834.15$2,394
Apr 2013044193.964.28$1,889
Mar 2013049293.623.91$1,925
Feb 2013049991.233.42$1,707
Jan 2013065891.603.42$2,250
Dec 2012046886.773.42$1,601
Nov 2012064986.953.62$2,353
Oct 2012084389.383.40$2,866
Sep 2012068194.672.92$1,987
Aug 201201,51892.662.91$4,415
Jul 201223,61085.133.02$11,075
Jun 201201,76079.822.52$4,434
May 2012076491.612.49$1,901
Apr 201232,251101.652.00$4,800
Mar 2012192,913105.052.22$8,469
Feb 201202,259101.102.57$5,806
Jan 2012372,08098.092.73$9,316
Dec 201102,55996.873.24$8,290
Nov 201101,33195.723.31$4,407
Oct 201101,21584.983.65$4,433
Sep 2011078483.623.99$3,125
Aug 2011092783.404.15$3,846
Jul 2011097794.144.52$4,413
Jun 2011085092.904.64$3,944
May 2011087398.134.40$3,845
Apr 20110847105.964.33$3,670
Mar 2011095296.364.06$3,863
Feb 2011098685.644.18$4,121
Jan 2011067586.504.59$3,097
Dec 201001,01685.734.35$4,417
Nov 2010096780.843.80$3,670
Oct 201002,30678.103.51$8,092
Sep 201001,38372.633.98$5,504
Aug 201001,43973.684.42$6,359
Jul 201011,20572.554.74$5,780
Jun 201001,06270.364.91$5,215
May 201001,33371.124.24$5,646
Apr 201001,21381.694.12$5,001
Mar 201001,36578.394.39$5,991
Feb 201001,15173.585.44$6,264
Jan 201031,29874.365.96$7,964
Dec 200922,58471.445.48$14,313
Nov 200903,18074.593.75$11,930
Oct 200923,22472.544.11$13,397
Sep 200903,09365.543.06$9,479
Aug 200913,27167.423.22$10,595
Jul 200983,60861.133.46$12,989
Jun 200902,98066.163.90$11,607
May 200903,83954.743.93$15,071
Apr 200944,02846.773.59$14,638
Mar 200964,25942.144.06$17,540
Feb 2009103,97232.814.63$18,730
Jan 200904,51735.865.37$24,261
Dec 200844,57337.105.98$27,482
Nov 200804,61755.496.86$31,674
Oct 200804,85875.246.92$33,627
Sep 200804,842101.767.88$38,141
Aug 200805,198114.228.48$44,095
Jul 200805,152131.0811.39$58,678
Jun 200805,433131.3313.03$70,806
May 200805,964123.1711.57$69,029
Apr 200805,937110.3110.45$62,071
Mar 200806,478101.909.66$62,604
Feb 200806,34192.538.77$55,614
Jan 200807,20090.388.21$59,081
Dec 200717,81088.337.30$57,117
Nov 200737,82391.677.29$57,318
Oct 200709,86782.856.92$68,299
Sep 200737,31375.846.24$45,891
Aug 200727,51769.066.39$48,156
Jul 200738,60370.906.39$55,168
Jun 200768,65462.007.55$65,696
May 200737,24758.747.85$57,038
Apr 200717,36259.617.81$57,521
Mar 200728,83756.927.30$64,641
Feb 200707,43955.108.22$61,119
Jan 2007010,01550.306.73$67,369
Dec 2006011,65056.656.92$80,600
Nov 20061013,14754.207.62$100,689
Oct 2006115,79754.906.01$95,055
Sep 2006118,29660.085.04$92,221
Aug 20061321,09368.717.34$155,714
Jul 2006032,65269.376.34$207,104
Jun 20062546,65666.286.38$299,503
May 2006238,17166.016.42$54,017

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                  172 Mcf  × $  3.05 =       $524

────────────────────────────────────────────────────
Month total                                     $524

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/221324 is the state's own key, not one this site invented.