LAUREL, O. M. ESTATE

Name: LAUREL, O. M. ESTATE lease production and value, Mar 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 226952District 04Field 462164032 tax incentive programmesCondensateGasSave Export

Value, all time

$5.6 M

Mar 2007 – May 2026

Value, last 12 filed months

$58 k

at the published price for each month

Months reported

231

no gaps in the span

Streams

condensate, gas

The JENNINGS RANCH (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-09-13	176166
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	537 bbl	$44,017
Gas	Production	998,952 Mcf	$5,592,309
Total			$5,636,327

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 27.1891, -99.1520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18910, -99.15203 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

Mar 2007

1 of 1 wells

1 well


42-50535720	14	12,000 ft	Mar 2007	—	—

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 (231)

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

231 months


May 2026	0	1,018	106.41	3.05	$3,101
Apr 2026	0	1,227	98.93	2.87	$3,521
Mar 2026	0	1,227	89.75	3.15	$3,864
Feb 2026	0	1,273	63.50	3.75	$4,774
Jan 2026	0	1,548	59.13	8.00	$12,381
Dec 2025	0	1,432	56.66	4.41	$6,320
Nov 2025	0	1,384	58.59	3.93	$5,434
Oct 2025	0	1,146	59.38	3.30	$3,787
Sep 2025	0	1,200	62.74	3.08	$3,692
Aug 2025	0	1,119	63.93	3.01	$3,374
Jul 2025	0	1,164	66.74	3.32	$3,859
Jun 2025	0	1,120	66.48	3.13	$3,504
May 2025	0	1,231	60.55	3.23	$3,979
Apr 2025	0	1,212	62.36	3.54	$4,294
Mar 2025	0	1,259	67.70	4.27	$5,374
Feb 2025	0	1,160	70.88	4.34	$5,035
Jan 2025	0	1,407	74.32	4.28	$6,020
Dec 2024	0	1,069	68.99	3.12	$3,337
Nov 2024	0	1,347	69.05	2.20	$2,961
Oct 2024	0	1,400	71.37	2.28	$3,194
Sep 2024	0	1,370	69.61	2.36	$3,239
Aug 2024	0	1,479	75.63	2.06	$3,052
Jul 2024	0	1,232	79.93	2.15	$2,645
Jun 2024	0	1,035	78.08	2.63	$2,726
May 2024	0	1,326	78.81	2.20	$2,915
Apr 2024	0	1,356	84.45	1.66	$2,250
Mar 2024	0	1,399	80.30	1.55	$2,162
Feb 2024	0	1,591	76.09	1.78	$2,838
Jan 2024	0	1,709	73.02	3.30	$5,636
Dec 2023	0	1,585	71.26	2.61	$4,138
Nov 2023	0	1,743	77.89	2.81	$4,894
Oct 2023	0	1,284	85.44	3.09	$3,964
Sep 2023	0	867	89.04	2.74	$2,371
Aug 2023	0	1,037	80.52	2.67	$2,772
Jul 2023	0	986	74.85	2.64	$2,605
Jun 2023	0	902	68.96	2.26	$2,037
May 2023	0	905	70.62	2.23	$2,016
Apr 2023	0	829	78.12	2.24	$1,855
Mar 2023	0	901	72.85	2.39	$2,156
Feb 2023	0	851	75.11	2.47	$2,098
Jan 2023	0	1,306	76.53	3.39	$4,424
Dec 2022	0	1,359	76.41	5.73	$7,786
Nov 2022	0	1,360	85.00	5.65	$7,679
Oct 2022	0	1,752	87.18	5.86	$10,273
Sep 2022	0	1,751	84.88	8.16	$14,295
Aug 2022	0	1,827	94.52	9.13	$16,675
Jul 2022	0	1,838	101.58	7.54	$13,862
Jun 2022	0	1,640	115.09	7.98	$13,083
May 2022	0	1,518	109.37	8.43	$12,801
Apr 2022	0	1,897	104.22	6.84	$12,971
Mar 2022	0	2,125	108.88	5.08	$10,787
Feb 2022	0	1,063	91.05	4.86	$5,165
Jan 2022	0	1,397	81.84	4.54	$6,339
Dec 2021	0	1,289	71.32	3.90	$5,026
Nov 2021	0	1,153	77.43	5.24	$6,038
Oct 2021	0	1,231	79.79	5.71	$7,034
Sep 2021	0	1,380	69.86	5.35	$7,384
Aug 2021	0	1,419	66.02	4.22	$5,989
Jul 2021	0	1,979	70.78	3.98	$7,881
Jun 2021	0	1,837	69.49	3.38	$6,210
May 2021	0	1,450	63.48	3.02	$4,376
Apr 2021	0	1,359	60.36	2.76	$3,749
Mar 2021	0	1,629	61.30	2.72	$4,426
Feb 2021	0	1,506	57.80	5.55	$8,355
Jan 2021	0	1,694	50.41	2.81	$4,761
Dec 2020	0	1,538	44.64	2.68	$4,115
Nov 2020	0	1,521	38.77	2.71	$4,117
Oct 2020	0	1,355	36.97	2.48	$3,358
Sep 2020	0	1,363	37.09	1.99	$2,714
Aug 2020	0	1,447	39.98	2.39	$3,451
Jul 2020	0	1,566	38.37	1.83	$2,858
Jun 2020	0	1,483	34.90	1.69	$2,507
May 2020	0	1,686	16.92	1.81	$3,060
Apr 2020	0	1,605	14.75	1.80	$2,896
Mar 2020	0	1,762	30.34	1.86	$3,271
Feb 2020	0	1,397	49.88	1.98	$2,767
Jan 2020	0	1,563	57.25	2.09	$3,274
Dec 2019	0	1,406	59.01	2.30	$3,240
Nov 2019	0	1,299	55.30	2.75	$3,573
Oct 2019	0	1,460	53.47	2.42	$3,531
Sep 2019	0	1,426	55.05	2.66	$3,789
Aug 2019	0	1,496	53.11	2.30	$3,447
Jul 2019	0	1,429	56.27	2.46	$3,515
Jun 2019	0	1,350	52.78	2.49	$3,363
May 2019	0	1,566	58.48	2.74	$4,291
Apr 2019	0	1,430	62.63	2.75	$3,934
Mar 2019	0	1,472	56.80	3.06	$4,507
Feb 2019	0	1,342	50.85	2.79	$3,747
Jan 2019	0	1,650	46.03	3.23	$5,327
Dec 2018	0	1,658	46.59	4.19	$6,939
Nov 2018	0	1,614	52.93	4.24	$6,839
Oct 2018	0	1,592	61.44	3.40	$5,410
Sep 2018	0	1,709	59.54	3.11	$5,312
Aug 2018	0	2,734	59.40	3.07	$8,384
Jul 2018	0	1,720	65.14	2.93	$5,043
Jun 2018	0	1,539	60.18	3.08	$4,735
May 2018	0	1,580	65.38	2.90	$4,583
Apr 2018	0	1,566	63.84	2.90	$4,543
Mar 2018	0	1,628	61.22	2.79	$4,537
Feb 2018	0	1,612	61.78	2.77	$4,459
Jan 2018	0	1,780	62.87	4.01	$7,137
Dec 2017	0	1,654	57.27	2.92	$4,832
Nov 2017	0	1,471	55.42	3.12	$4,587
Oct 2017	0	1,634	49.29	2.98	$4,875
Sep 2017	0	1,589	47.52	3.09	$4,906
Aug 2017	0	1,668	45.37	3.00	$5,011
Jul 2017	0	126	43.87	3.09	$389
Jun 2017	0	1,750	42.49	3.09	$5,403
May 2017	0	1,863	45.37	3.26	$6,080
Apr 2017	0	1,811	47.93	3.21	$5,816
Mar 2017	0	1,803	46.77	2.98	$5,380
Feb 2017	0	1,785	50.45	2.95	$5,270
Jan 2017	0	2,025	49.41	3.42	$6,923
Dec 2016	0	2,107	48.76	3.72	$7,844
Nov 2016	0	1,944	42.49	2.64	$5,141
Oct 2016	0	1,996	46.19	3.09	$6,168
Sep 2016	0	1,872	41.55	3.10	$5,804
Aug 2016	0	1,958	41.44	2.92	$5,726
Jul 2016	0	1,886	41.62	2.92	$5,515
Jun 2016	0	1,864	45.35	2.69	$5,006
May 2016	0	2,300	42.52	1.99	$4,579
Apr 2016	0	2,094	36.56	1.99	$4,169
Mar 2016	0	2,267	33.01	1.79	$4,067
Feb 2016	0	2,196	26.47	2.06	$4,532
Jan 2016	0	2,322	27.35	2.36	$5,490
Dec 2015	0	2,343	32.36	2.00	$4,689
Nov 2015	0	2,290	38.79	2.17	$4,963
Oct 2015	0	2,294	43.55	2.43	$5,567
Sep 2015	0	2,245	42.99	2.76	$6,193
Aug 2015	0	2,278	40.16	2.87	$6,544
Jul 2015	0	2,418	48.15	2.95	$7,121
Jun 2015	0	2,265	56.15	2.88	$6,530
May 2015	0	2,313	55.21	2.96	$6,836
Apr 2015	0	2,328	49.82	2.71	$6,301
Mar 2015	0	2,562	42.89	2.93	$7,519
Feb 2015	0	2,510	44.66	2.98	$7,470
Jan 2015	0	1,793	43.43	3.10	$5,559
Dec 2014	0	1,189	54.69	3.59	$4,270
Nov 2014	0	1,838	70.46	4.25	$7,815
Oct 2014	0	3,161	78.30	3.90	$12,331
Sep 2014	42	990	86.16	4.05	$7,624
Aug 2014	0	2,053	89.39	4.04	$8,284
Jul 2014	0	2,605	96.56	4.18	$10,888
Jun 2014	0	2,081	98.16	4.74	$9,857
May 2014	0	2,045	94.73	4.73	$9,666
Apr 2014	0	1,546	95.94	4.81	$7,435
Mar 2014	0	2,552	95.89	5.06	$12,905
Feb 2014	0	2,663	97.40	6.19	$16,489
Jan 2014	1	2,981	90.40	4.86	$14,580
Dec 2013	0	3,249	91.82	4.35	$14,148
Nov 2013	1	3,016	88.85	3.74	$11,364
Oct 2013	0	3,393	97.42	3.78	$12,823
Sep 2013	0	3,651	104.11	3.72	$13,573
Aug 2013	0	3,449	104.25	3.52	$12,149
Jul 2013	0	3,454	102.52	3.72	$12,841
Jun 2013	0	3,688	94.40	3.93	$14,506
May 2013	1	3,749	94.83	4.15	$15,650
Apr 2013	0	3,766	93.96	4.28	$16,128
Mar 2013	0	3,786	93.62	3.91	$14,814
Feb 2013	2	2,820	91.23	3.42	$9,827
Jan 2013	0	2,959	91.60	3.42	$10,120
Dec 2012	0	3,223	86.77	3.42	$11,023
Nov 2012	0	3,775	86.95	3.62	$13,684
Oct 2012	0	3,928	89.38	3.40	$13,354
Sep 2012	0	3,775	94.67	2.92	$11,017
Aug 2012	0	3,840	92.66	2.91	$11,167
Jul 2012	1	3,575	85.13	3.02	$10,884
Jun 2012	0	3,918	79.82	2.52	$9,870
May 2012	0	4,218	91.61	2.49	$10,496
Apr 2012	2	4,184	101.65	2.00	$8,558
Mar 2012	0	4,397	105.05	2.22	$9,770
Feb 2012	0	3,867	101.10	2.57	$9,939
Jan 2012	0	4,473	98.09	2.73	$12,230
Dec 2011	0	4,536	96.87	3.24	$14,695
Nov 2011	0	4,504	95.72	3.31	$14,914
Oct 2011	0	4,562	84.98	3.65	$16,645
Sep 2011	0	4,809	83.62	3.99	$19,168
Aug 2011	1	5,085	83.40	4.15	$21,183
Jul 2011	0	4,513	94.14	4.52	$20,386
Jun 2011	0	4,955	92.90	4.64	$22,991
May 2011	0	5,384	98.13	4.40	$23,716
Apr 2011	0	5,213	105.96	4.33	$22,589
Mar 2011	0	5,511	96.36	4.06	$22,360
Feb 2011	0	5,207	85.64	4.18	$21,765
Jan 2011	0	6,277	86.50	4.59	$28,804
Dec 2010	0	3,712	85.73	4.35	$16,139
Nov 2010	1	5,597	80.84	3.80	$21,323
Oct 2010	2	5,417	78.10	3.51	$19,164
Sep 2010	0	5,981	72.63	3.98	$23,801
Aug 2010	0	6,450	73.68	4.42	$28,505
Jul 2010	1	6,832	72.55	4.74	$32,432
Jun 2010	0	7,122	70.36	4.91	$34,972
May 2010	3	7,876	71.12	4.24	$33,570
Apr 2010	0	5,742	81.69	4.12	$23,672
Mar 2010	153	6,637	78.39	4.39	$41,121
Feb 2010	1	5,529	73.58	5.44	$30,164
Jan 2010	2	5,412	74.36	5.96	$32,426
Dec 2009	1	7,073	71.44	5.48	$38,858
Nov 2009	0	7,516	74.59	3.75	$28,196
Oct 2009	0	7,864	72.54	4.11	$32,323
Sep 2009	0	7,530	65.54	3.06	$23,078
Aug 2009	1	8,474	67.42	3.22	$27,341
Jul 2009	4	9,292	61.13	3.46	$32,437
Jun 2009	0	7,155	66.16	3.90	$27,869
May 2009	0	8,928	54.74	3.93	$35,049
Apr 2009	2	9,005	46.77	3.59	$32,399
Mar 2009	1	9,318	42.14	4.06	$37,864
Feb 2009	4	8,657	32.81	4.63	$40,239
Jan 2009	0	10,035	35.86	5.37	$53,898
Dec 2008	0	10,984	37.10	5.98	$65,653
Nov 2008	0	10,649	55.49	6.86	$73,056
Oct 2008	0	11,268	75.24	6.92	$77,997
Sep 2008	0	11,525	101.76	7.88	$90,783
Aug 2008	0	12,800	114.22	8.48	$108,583
Jul 2008	0	13,170	131.08	11.39	$149,999
Jun 2008	0	15,544	131.33	13.03	$202,579
May 2008	0	20,737	123.17	11.57	$240,016
Apr 2008	0	16,018	110.31	10.45	$167,466
Mar 2008	135	10,717	101.90	9.66	$117,326
Feb 2008	0	10,682	92.53	8.77	$93,687
Jan 2008	0	14,253	90.38	8.21	$116,956
Dec 2007	0	15,424	88.33	7.30	$112,626
Nov 2007	1	16,407	91.67	7.29	$119,727
Oct 2007	0	19,365	82.85	6.92	$134,044
Sep 2007	0	19,728	75.84	6.24	$123,185
Aug 2007	2	25,439	69.06	6.39	$162,641
Jul 2007	172	35,371	70.90	6.39	$238,143
Jun 2007	0	43,958	62.00	7.55	$331,815
May 2007	0	74,278	58.74	7.85	$582,806
Apr 2007	0	25,730	59.61	7.81	$200,828
Mar 2007	0	1,281	56.92	7.30	$9,354

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                1,018 Mcf  × $  3.05 =     $3,101

────────────────────────────────────────────────────
Month total                                   $3,101

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/226952 is the state's own key, not one this site invented.