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 229760District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
228
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 Gas112007-10-18177166
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
CondensateDisposition5,240 bbl$413,680
GasProduction3,782,812 Mcf$21,875,872
Total$22,289,553

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 27.1859, -99.1506. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18594, -99.15062 · 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
11,830 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 11,830 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-505357651611,830 ftSep 2008

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 (228)

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

228 months

May 20260926106.413.05$2,820
Apr 202602,31098.932.87$6,629
Mar 202602,38189.753.15$7,499
Feb 202602,32263.503.75$8,708
Jan 202602,96959.138.00$23,746
Dec 202502,51956.664.41$11,117
Nov 202502,42458.593.93$9,518
Oct 202502,18959.383.30$7,234
Sep 202502,51062.743.08$7,723
Aug 202502,73963.933.01$8,257
Jul 202502,11866.743.32$7,022
Jun 202502,64766.483.13$8,282
May 202502,89560.553.23$9,358
Apr 202502,94962.363.54$10,449
Mar 202502,90667.704.27$12,404
Feb 202502,68170.884.34$11,638
Jan 202503,90074.324.28$16,687
Dec 202401,38168.993.12$4,311
Nov 202403,53469.052.20$7,769
Oct 202404,02171.372.28$9,174
Sep 202401,44569.612.36$3,417
Aug 202401,38275.632.06$2,852
Jul 2024036279.932.15$777
Jun 2024059678.082.63$1,570
May 2024048578.812.20$1,066
Apr 2024037484.451.66$621
Mar 202401,08580.301.55$1,676
Feb 202401,75076.091.78$3,121
Jan 202402,19473.023.30$7,235
Dec 2023087271.262.61$2,277
Nov 202302,33177.892.81$6,544
Oct 202302,98485.443.09$9,212
Sep 202303,20589.042.74$8,766
Aug 202303,37080.522.67$9,008
Jul 202303,07774.852.64$8,129
Jun 202303,59368.962.26$8,115
May 202303,83170.622.23$8,533
Apr 202303,70278.122.24$8,284
Mar 202303,01772.852.39$7,220
Feb 202302,36375.112.47$5,826
Jan 202302,59376.533.39$8,784
Dec 202203,07876.415.73$17,634
Nov 202203,00185.005.65$16,944
Oct 202202,89187.185.86$16,952
Sep 202203,19684.888.16$26,091
Aug 202203,80894.529.13$34,756
Jul 202203,784101.587.54$28,539
Jun 202203,588115.097.98$28,622
May 202203,318109.378.43$27,981
Apr 202203,854104.226.84$26,352
Mar 202203,076108.885.08$15,615
Feb 202202,83691.054.86$13,780
Jan 202203,70881.844.54$16,826
Dec 202103,81971.323.90$14,891
Nov 202103,46177.435.24$18,125
Oct 202103,66179.795.71$20,918
Sep 202103,53169.865.35$18,894
Aug 202104,02566.024.22$16,988
Jul 202104,33370.783.98$17,254
Jun 202104,14369.493.38$14,006
May 202103,53063.483.02$10,652
Apr 202104,09960.362.76$11,307
Mar 202103,87461.302.72$10,525
Feb 202103,13657.805.55$17,398
Jan 202103,38350.412.81$9,507
Dec 202003,68944.642.68$9,870
Nov 202003,94938.772.71$10,688
Oct 202004,23936.972.48$10,506
Sep 202004,12637.091.99$8,215
Aug 202004,23639.982.39$10,103
Jul 202004,13438.371.83$7,545
Jun 202003,70034.901.69$6,254
May 202004,01016.921.81$7,277
Apr 202004,08014.751.80$7,362
Mar 202004,29230.341.86$7,967
Feb 202003,59149.881.98$7,113
Jan 202003,94457.252.09$8,262
Dec 201903,55059.012.30$8,180
Nov 201903,73055.302.75$10,260
Oct 201904,54553.472.42$10,992
Sep 201904,08055.052.66$10,842
Aug 201904,55353.112.30$10,492
Jul 201904,56456.272.46$11,228
Jun 201904,38852.782.49$10,931
May 201904,58458.482.74$12,562
Apr 201904,57762.632.75$12,590
Mar 201905,02256.803.06$15,378
Feb 201904,15250.852.79$11,593
Jan 201905,07546.033.23$16,383
Dec 201805,14746.594.19$21,542
Nov 201805,29252.934.24$22,423
Oct 201805,18361.443.40$17,612
Sep 201803,61559.543.11$11,235
Aug 201805,47359.403.07$16,783
Jul 201805,39265.142.93$15,809
Jun 201805,34960.183.08$16,458
May 201805,51765.382.90$16,004
Apr 201805,45263.842.90$15,815
Mar 201805,86461.222.79$16,342
Feb 201804,71961.782.77$13,053
Jan 201805,14762.874.01$20,636
Dec 201705,43957.272.92$15,890
Nov 201704,82155.423.12$15,034
Oct 201704,91049.292.98$14,650
Sep 201705,60347.523.09$17,298
Aug 201706,47345.373.00$19,447
Jul 2017039343.873.09$1,213
Jun 201705,28742.493.09$16,322
May 201705,05545.373.26$16,496
Apr 201704,82347.933.21$15,490
Mar 201705,99846.772.98$17,896
Feb 201706,00150.452.95$17,719
Jan 201706,09449.413.42$20,834
Dec 201606,39848.763.72$23,819
Nov 201606,34642.492.64$16,781
Oct 201606,32346.193.09$19,540
Sep 2016246,53841.553.10$21,269
Aug 201606,79841.442.92$19,880
Jul 201606,88741.622.92$20,140
Jun 201606,61545.352.69$17,767
May 201606,26642.521.99$12,476
Apr 201607,79936.561.99$15,528
Mar 2016178,11833.011.79$15,125
Feb 201602,22726.472.06$4,596
Jan 2016622127.352.36$687
Dec 201504,62232.362.00$9,251
Nov 201506,99938.792.17$15,169
Oct 201506,94643.552.43$16,855
Sep 2015105,45942.992.76$15,488
Aug 2015135,98340.162.87$17,708
Jul 201506,69648.152.95$19,720
Jun 2015125,84356.152.88$17,518
May 201505,79855.212.96$17,136
Apr 2015226,24649.822.71$18,001
Mar 201506,77342.892.93$19,877
Feb 2015706,17544.662.98$21,504
Jan 201576,02143.433.10$18,973
Dec 201407,05654.693.59$25,341
Nov 201407,15070.464.25$30,401
Oct 201408,30378.303.90$32,390
Sep 2014193,27486.164.05$14,882
Aug 201427,97389.394.04$32,351
Jul 201407,85696.564.18$32,835
Jun 201407,65598.164.74$36,261
May 201409,23694.734.73$43,655
Apr 201408,77095.944.81$42,176
Mar 201408,55195.895.06$43,241
Feb 201408,03697.406.19$49,759
Jan 201419,16890.404.86$44,653
Dec 201318,99691.824.35$39,265
Nov 201319,00888.853.74$33,763
Oct 2013010,24497.423.78$38,716
Sep 201309,704104.113.72$36,077
Aug 2013211,323104.253.52$40,095
Jul 20139512,434102.523.72$55,966
Jun 201321,35294.403.93$5,507
May 201305,55094.834.15$23,027
Apr 201308,19393.964.28$35,087
Mar 201329,96593.623.91$39,179
Feb 201318,90791.233.42$30,552
Jan 201309,76791.603.42$33,402
Dec 201219,45986.773.42$32,438
Nov 2012110,64386.953.62$38,667
Oct 2012311,29189.383.40$38,654
Sep 2012011,15094.672.92$32,540
Aug 2012010,97992.662.91$31,929
Jul 2012112,28885.133.02$37,205
Jun 2012011,95379.822.52$30,110
May 2012012,34991.612.49$30,728
Apr 20129012,877101.652.00$34,861
Mar 2012013,712105.052.22$30,469
Feb 2012011,790101.102.57$30,303
Jan 20122214,13798.092.73$40,810
Dec 2011014,62396.873.24$47,375
Nov 2011012,85095.723.31$42,550
Oct 2011014,02684.983.65$51,174
Sep 2011014,87383.623.99$59,281
Aug 2011015,86383.404.15$65,821
Jul 20114014,32094.144.52$68,452
Jun 2011015,17492.904.64$70,406
May 201117817,13298.134.40$92,931
Apr 2011015,393105.964.33$66,702
Mar 2011016,51996.364.06$67,023
Feb 2011015,43885.644.18$64,531
Jan 2011018,47886.504.59$84,791
Dec 2010016,65385.734.35$72,403
Nov 2010017,03180.843.80$64,638
Oct 2010118,94778.103.51$66,561
Sep 2010017,40572.633.98$69,263
Aug 201016020,05173.684.42$100,401
Jul 2010320,43972.554.74$97,027
Jun 2010021,60570.364.91$106,089
May 2010222,68971.124.24$96,235
Apr 2010023,04981.694.12$95,024
Mar 2010125,58078.394.39$112,341
Feb 201015222,55573.585.44$133,937
Jan 2010329,62174.365.96$176,885
Dec 2009228,97571.445.48$159,035
Nov 2009031,47774.593.75$118,086
Oct 200916333,79572.544.11$150,730
Sep 2009035,87365.543.06$109,942
Aug 2009139,16867.423.22$126,130
Jul 2009743,31461.133.46$150,489
Jun 2009037,20866.163.90$144,925
May 2009042,83954.743.93$168,175
Apr 200916555,35146.773.59$206,289
Mar 2009567,57442.144.06$274,494
Feb 2009534,83932.814.63$161,573
Jan 200911638,53835.865.37$211,147
Dec 200817549,34437.105.98$301,429
Nov 2008054,54055.496.86$374,164
Oct 200816662,79775.246.92$447,169
Sep 2008054,290101.767.88$427,647
Aug 2008046,259114.228.48$392,416
Jul 200816658,613131.0811.39$689,328
Jun 2008060,876131.3313.03$793,374
May 200816483,143123.1711.57$982,521
Apr 2008053,460110.3110.45$558,917
Mar 20086348,815101.909.66$478,171
Feb 200816767,06892.538.77$603,678
Jan 2008169104,68090.388.21$874,250
Dec 2007334142,32288.337.30$1,068,733
Nov 2007329178,13891.677.29$1,329,088
Oct 2007522225,16082.856.92$1,601,801
Sep 2007494226,98975.846.24$1,454,821
Aug 20071,058311,63469.066.39$2,063,765
Jul 20074128,61270.906.39$821,849
Jun 200705,68962.007.55$42,943

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                  926 Mcf  × $  3.05 =     $2,820

────────────────────────────────────────────────────
Month total                                   $2,820

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/229760 is the state's own key, not one this site invented.