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 229963District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
Mar 2007 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
231
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 Gas112010-03-18196338
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
CondensateDisposition1,768 bbl$113,976
GasProduction1,716,032 Mcf$9,365,555
Total$9,479,531

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 27.2076, -99.1562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20761, -99.15621 · 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
11,700 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 11,700 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-505356681911,700 ftMar 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 20260871106.413.05$2,653
Apr 2026084798.932.87$2,431
Mar 2026785889.753.15$3,330
Feb 20261278363.503.75$3,699
Jan 2026092759.138.00$7,414
Dec 20251392956.664.41$4,837
Nov 202501,10858.593.93$4,351
Oct 2025089759.383.30$2,964
Sep 20251598862.743.08$3,981
Aug 202501,01963.933.01$3,072
Jul 202501,17366.743.32$3,889
Jun 2025161,17466.483.13$4,737
May 202501,06760.553.23$3,449
Apr 202501,15562.363.54$4,092
Mar 202501,46367.704.27$6,245
Feb 2025111,17870.884.34$5,893
Jan 2025074174.324.28$3,171
Dec 2024034068.993.12$1,061
Nov 2024241,08369.052.20$4,038
Oct 202401,75171.372.28$3,995
Sep 202402,36569.612.36$5,592
Aug 2024412,21875.632.06$7,678
Jul 2024162,34079.932.15$6,302
Jun 202402,75578.082.63$7,257
May 202402,36078.812.20$5,188
Apr 202402,43284.451.66$4,035
Mar 2024322,72080.301.55$6,772
Feb 202402,54276.091.78$4,534
Jan 202403,36073.023.30$11,080
Dec 2023202,63971.262.61$8,315
Nov 2023152,86177.892.81$9,201
Oct 202302,60585.443.09$8,042
Sep 2023282,25889.042.74$8,669
Aug 202302,52080.522.67$6,736
Jul 2023332,51374.852.64$9,109
Jun 202302,37368.962.26$5,359
May 202302,68170.622.23$5,972
Apr 202302,82578.122.24$6,322
Mar 2023313,30572.852.39$10,168
Feb 2023292,86875.112.47$9,250
Jan 202303,10076.533.39$10,502
Dec 202203,14876.415.73$18,035
Nov 202201,70685.005.65$9,632
Oct 2022323,02187.185.86$20,504
Sep 202202,83084.888.16$23,103
Aug 2022352,92294.529.13$29,978
Jul 202202,973101.587.54$22,423
Jun 202202,904115.097.98$23,166
May 202202,935109.378.43$24,751
Apr 202202,969104.226.84$20,301
Mar 202203,222108.885.08$16,356
Feb 202202,28691.054.86$11,107
Jan 2022243,12081.844.54$16,122
Dec 202102,36271.323.90$9,210
Nov 202102,77377.435.24$14,522
Oct 202102,93479.795.71$16,764
Sep 2021222,66469.865.35$15,792
Aug 202103,30766.024.22$13,957
Jul 202103,23770.783.98$12,890
Jun 202103,17069.493.38$10,717
May 2021193,16663.483.02$10,760
Apr 2021433,18860.362.76$11,389
Mar 202103,31661.302.72$9,009
Feb 202103,02057.805.55$16,755
Jan 202103,31550.412.81$9,316
Dec 2020233,30144.642.68$9,858
Nov 202003,37338.772.71$9,129
Oct 202003,45536.972.48$8,563
Sep 2020233,38837.091.99$7,599
Aug 202003,21939.982.39$7,678
Jul 202003,25738.371.83$5,944
Jun 202003,18034.901.69$5,375
May 202003,30016.921.81$5,989
Apr 2020863,12114.751.80$6,900
Mar 202003,25430.341.86$6,040
Feb 202003,04749.881.98$6,035
Jan 202003,29257.252.09$6,896
Dec 201903,36259.012.30$7,747
Nov 201903,39255.302.75$9,330
Oct 2019263,33453.472.42$9,454
Sep 201903,42055.052.66$9,088
Aug 201903,46953.112.30$7,994
Jul 2019473,50056.272.46$11,255
Jun 201903,41952.782.49$8,517
May 201903,38558.482.74$9,276
Apr 201903,23662.632.75$8,901
Mar 2019283,28556.803.06$11,649
Feb 201903,33350.852.79$9,306
Jan 2019553,50846.033.23$13,856
Dec 201803,56946.594.19$14,938
Nov 201803,26752.934.24$13,843
Oct 201803,56661.443.40$12,118
Sep 201803,54059.543.11$11,002
Aug 201803,67359.403.07$11,263
Jul 201803,73565.142.93$10,951
Jun 201803,56060.183.08$10,954
May 2018253,64465.382.90$12,205
Apr 2018243,53463.842.90$11,784
Mar 201803,78961.222.79$10,559
Feb 2018213,52661.782.77$11,051
Jan 2018223,81562.874.01$16,679
Dec 201703,97957.272.92$11,625
Nov 2017214,04355.423.12$13,771
Oct 201704,31649.292.98$12,878
Sep 2017224,16247.523.09$13,895
Aug 201704,31745.373.00$12,970
Jul 2017234,30143.873.09$14,287
Jun 201704,36842.493.09$13,485
May 2017224,31545.373.26$15,080
Apr 2017234,35747.933.21$15,095
Mar 201704,53146.772.98$13,519
Feb 2017483,55150.452.95$12,906
Jan 201703,77549.413.42$12,906
Dec 2016453,89548.763.72$16,695
Nov 201603,87242.492.64$10,239
Oct 201604,03946.193.09$12,482
Sep 2016233,89641.553.10$13,036
Aug 2016234,02541.442.92$12,724
Jul 201604,05141.622.92$11,847
Jun 201604,02345.352.69$10,805
May 2016184,23942.521.99$9,205
Apr 2016113,92836.561.99$8,223
Mar 2016424,07733.011.79$8,701
Feb 201604,30326.472.06$8,880
Jan 201694,16027.352.36$10,082
Dec 2015144,51632.362.00$9,491
Nov 201504,31438.792.17$9,350
Oct 201504,75443.552.43$11,536
Sep 201501,73242.992.76$4,778
Aug 201504,69140.162.87$13,475
Jul 2015115,12948.152.95$15,635
Jun 2015165,05456.152.88$15,468
May 201504,87655.212.96$14,411
Apr 201505,22949.822.71$14,153
Mar 201505,99142.892.93$17,582
Feb 201574,60344.662.98$14,012
Jan 201504,06043.433.10$12,589
Dec 2014224,67854.693.59$18,004
Nov 201494,59270.464.25$20,159
Oct 201404,68078.303.90$18,256
Sep 201404,70886.164.05$19,046
Aug 201405,29089.394.04$21,346
Jul 201404,96796.564.18$20,760
Jun 201405,18598.164.74$24,561
May 201405,52294.734.73$26,100
Apr 201406,00895.944.81$28,893
Mar 201474,50995.895.06$23,472
Feb 201464,40097.406.19$27,829
Jan 2014195,90290.404.86$30,406
Dec 201305,24291.824.35$22,826
Nov 201395,06088.853.74$19,715
Oct 201305,78997.423.78$21,879
Sep 201395,650104.113.72$21,942
Aug 201336,236104.253.52$22,280
Jul 2013145,144102.523.72$20,559
Jun 201305,87794.403.93$23,117
May 2013116,21294.834.15$26,817
Apr 201355,84393.964.28$25,493
Mar 201306,03193.623.91$23,599
Feb 201375,53491.233.42$19,564
Jan 201356,21091.603.42$21,696
Dec 2012196,40586.773.42$23,555
Nov 201206,50786.953.62$23,588
Oct 201206,22289.383.40$21,153
Sep 201206,46994.672.92$18,879
Aug 2012476,72192.662.91$23,901
Jul 201206,79885.133.02$20,535
Jun 201206,53279.822.52$16,454
May 201206,37891.612.49$15,871
Apr 201206,222101.652.00$12,424
Mar 201206,850105.052.22$15,221
Feb 201206,550101.102.57$16,835
Jan 201277,06698.092.73$20,006
Dec 201107,48996.873.24$24,262
Nov 2011167,39995.723.31$26,032
Oct 201147,52784.983.65$27,802
Sep 201106,99783.623.99$27,889
Aug 2011157,45483.404.15$32,180
Jul 2011157,64094.144.52$35,924
Jun 201107,61092.904.64$35,309
May 2011129,41698.134.40$42,653
Apr 2011136,172105.964.33$28,122
Mar 201167,47696.364.06$30,911
Feb 2011197,45785.644.18$32,797
Jan 201107,68786.504.59$35,274
Dec 201067,91285.734.35$34,914
Nov 201078,62780.843.80$33,308
Oct 201078,84678.103.51$31,586
Sep 201069,79772.633.98$39,423
Aug 20101110,64073.684.42$47,832
Jul 2010129,29172.554.74$44,877
Jun 2010129,31270.364.91$46,570
May 20101210,20471.124.24$44,070
Apr 2010119,18481.694.12$38,761
Mar 2010107,75678.394.39$34,822
Feb 2010227,67573.585.44$43,389
Jan 2010239,84674.365.96$60,433
Dec 200999,14371.445.48$50,781
Nov 20091012,03974.593.75$45,910
Oct 2009810,84372.544.11$45,148
Sep 2009149,41765.543.06$29,778
Aug 2009810,65067.423.22$34,816
Jul 2009510,40361.133.46$36,347
Jun 2009011,76766.163.90$45,832
May 2009011,01054.743.93$43,223
Apr 2009013,86246.773.59$49,730
Mar 2009012,01942.144.06$48,785
Feb 2009011,65732.814.63$54,007
Jan 2009015,10835.865.37$81,145
Dec 2008013,44437.105.98$80,357
Nov 2008013,68855.496.86$93,905
Oct 2008012,78275.246.92$88,477
Sep 2008013,935101.767.88$109,767
Aug 2008016,585114.228.48$140,691
Jul 2008017,256131.0811.39$196,536
Jun 2008017,179131.3313.03$223,888
May 2008015,284123.1711.57$176,901
Apr 2008018,667110.3110.45$195,161
Mar 2008021,693101.909.66$209,643
Feb 2008021,27292.538.77$186,568
Jan 2008026,48190.388.21$217,296
Dec 2007039,61388.337.30$289,253
Nov 2007024,17291.677.29$176,255
Oct 2007034,77982.856.92$240,740
Sep 2007024,14675.846.24$150,771
Aug 2007025,48769.066.39$162,809
Jul 2007037,37870.906.39$238,768
Jun 2007040,59862.007.55$306,452
May 2007050,42358.747.85$395,633
Apr 2007078,45359.617.81$612,341
Mar 20070184,39656.927.30$1,346,454

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                  871 Mcf  × $  3.05 =     $2,653

────────────────────────────────────────────────────
Month total                                   $2,653

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/229963 is the state's own key, not one this site invented.