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 230013District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Feb 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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 Gas112010-03-18196340
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
CondensateDisposition4,437 bbl$316,023
GasProduction1,037,658 Mcf$6,473,970
Total$6,789,993

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 27.2008, -99.1593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20083, -99.15930 · 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
11,925 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 11,925 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-505355501811,925 ftFeb 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 (232)

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

232 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20203037.091.99$111
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200134.901.69$2
May 202001816.921.81$33
Apr 2020374014.751.80$618
Mar 2020069930.341.86$1,298
Feb 2020070449.881.98$1,394
Jan 2020072757.252.09$1,523
Dec 2019076359.012.30$1,758
Nov 2019072155.302.75$1,983
Oct 2019957253.472.42$1,865
Sep 2019069455.052.66$1,844
Aug 2019049353.112.30$1,136
Jul 20192660456.272.46$2,949
Jun 2019068952.782.49$1,716
May 2019095758.482.74$2,622
Apr 201901,03862.632.75$2,855
Mar 20191794456.803.06$3,856
Feb 2019037950.852.79$1,058
Jan 2019351,78246.033.23$7,364
Dec 201801,16946.594.19$4,893
Nov 2018094652.934.24$4,008
Oct 201801,75461.443.40$5,960
Sep 201801,77459.543.11$5,514
Aug 201801,87059.403.07$5,734
Jul 201801,87965.142.93$5,509
Jun 201801,93960.183.08$5,966
May 2018171,87965.382.90$6,562
Apr 2018162,00563.842.90$6,838
Mar 201802,00061.222.79$5,574
Feb 2018151,79061.782.77$5,878
Jan 2018152,51362.874.01$11,018
Dec 201702,44057.272.92$7,129
Nov 2017132,39255.423.12$8,180
Oct 201702,09249.292.98$6,242
Sep 2017151,78047.523.09$6,208
Aug 201702,12045.373.00$6,369
Jul 2017162,82543.873.09$9,423
Jun 201701,72142.493.09$5,313
May 2017152,29745.373.26$8,177
Apr 2017152,96147.933.21$10,229
Mar 201702,87246.772.98$8,569
Feb 2017291,94850.452.95$7,215
Jan 201701,87049.413.42$6,393
Dec 2016262,01948.763.72$8,784
Nov 201602,01542.492.64$5,328
Oct 201602,17346.193.09$6,715
Sep 2016152,41441.553.10$8,108
Aug 2016152,80241.442.92$8,816
Jul 201601,43141.622.92$4,185
Jun 201602,37345.352.69$6,373
May 2016112,37642.521.99$5,198
Apr 201682,55536.561.99$5,380
Mar 2016343,07633.011.79$6,641
Feb 201602,07626.472.06$4,284
Jan 2016066727.352.36$1,577
Dec 201521532.362.00$95
Nov 20150038.792.17$0
Oct 20150943.552.43$22
Sep 2015012642.992.76$348
Aug 2015058940.162.87$1,692
Jul 2015569948.152.95$2,299
Jun 2015023556.152.88$677
May 2015032455.212.96$958
Apr 201502,79149.822.71$7,554
Mar 201503,35042.892.93$9,831
Feb 201502,67244.662.98$7,952
Jan 201502,71843.433.10$8,428
Dec 201431,23154.693.59$4,585
Nov 201423,12570.464.25$13,428
Oct 201403,49378.303.90$13,626
Sep 2014223,63986.164.05$16,617
Aug 201403789.394.04$149
Jul 2014192,88796.564.18$13,901
Jun 201402,73498.164.74$12,951
May 2014153,51894.734.73$18,049
Apr 201463,60195.944.81$17,893
Mar 2014213,93195.895.06$21,892
Feb 201403,77797.406.19$23,387
Jan 201454,65390.404.86$23,069
Dec 201305,70491.824.35$24,838
Nov 20130088.853.74$0
Oct 2013040497.423.78$1,527
Sep 2013367104.113.72$561
Aug 201322,657104.253.52$9,568
Jul 2013112,987102.523.72$12,233
Jun 201303,32594.403.93$13,079
May 201393,28494.834.15$14,479
Apr 201362,76393.964.28$12,397
Mar 201303,90893.623.91$15,292
Feb 201383,31791.233.42$12,074
Jan 201353,90591.603.42$13,813
Dec 2012164,15786.773.42$15,606
Nov 201203,57086.953.62$12,941
Oct 201203,63289.383.40$12,348
Sep 2012080494.672.92$2,346
Aug 2012372,32892.662.91$10,199
Jul 201203,79685.133.02$11,467
Jun 201203,78079.822.52$9,522
May 201203,90191.612.49$9,707
Apr 20121023,529101.652.00$17,415
Mar 201203,922105.052.22$8,715
Feb 201204,330101.102.57$11,129
Jan 2012183,63398.092.73$11,699
Dec 201104,46796.873.24$14,472
Nov 2011234,15695.723.31$15,963
Oct 201174,47284.983.65$16,911
Sep 201104,57283.623.99$18,223
Aug 2011245,00283.404.15$22,757
Jul 2011225,22994.144.52$25,692
Jun 201105,60392.904.64$25,997
May 2011224,33698.134.40$21,258
Apr 2011285,877105.964.33$28,434
Mar 2011125,73096.364.06$24,405
Feb 2011355,88585.644.18$27,597
Jan 201103,18086.504.59$14,592
Dec 2010155,14085.734.35$23,633
Nov 2010154,83680.843.80$19,567
Oct 2010154,07478.103.51$15,467
Sep 2010131972.633.98$1,020
Aug 2010165,66573.684.42$26,215
Jul 2010155,48972.554.74$27,087
Jun 2010135,16370.364.91$26,267
May 2010145,38171.124.24$23,785
Apr 2010166,06281.694.12$26,299
Mar 2010156,01778.394.39$27,582
Feb 2010305,14373.585.44$30,197
Jan 2010406,01274.365.96$38,831
Dec 2009276,07671.445.48$35,248
Nov 2009255,41974.593.75$22,194
Oct 2009287,39972.544.11$32,443
Sep 2009537,04565.543.06$25,065
Aug 2009297,49667.423.22$26,081
Jul 2009177,98061.133.46$28,686
Jun 200907,76266.163.90$30,233
May 200907,79954.743.93$30,617
Apr 200908,36046.773.59$29,992
Mar 200908,15742.144.06$33,109
Feb 200909,14332.814.63$42,360
Jan 2009611,93935.865.37$64,340
Dec 2008678,34437.105.98$52,359
Nov 20084810,49755.496.86$74,677
Oct 20086811,06275.246.92$81,687
Sep 20085810,793101.767.88$90,920
Aug 20084811,229114.228.48$100,738
Jul 20089311,929131.0811.39$148,055
Jun 20087512,652131.3313.03$174,739
May 20087413,703123.1711.57$167,717
Apr 20087514,238110.3110.45$157,130
Mar 200813515,183101.909.66$160,486
Feb 20084716,05192.538.77$145,125
Jan 20086518,31690.388.21$156,171
Dec 20072622,99488.337.30$170,198
Nov 20075126,87691.677.29$200,647
Oct 20074935,42182.856.92$249,243
Sep 2007010,26175.846.24$64,071
Aug 2007220,86269.066.39$133,403
Jul 200715626,78270.906.39$182,142
Jun 200713024,84162.007.55$195,571
May 200722835,17258.747.85$289,362
Apr 200729647,87659.617.81$391,326
Mar 2007796100,97556.927.30$782,625
Feb 2007556109,02155.108.22$926,352

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.

Sep 2020 — as filed, then multipliedworked
Condensate             3 bbl  × $ 37.09 =       $111
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                     $111

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/230013 is the state's own key, not one this site invented.