LAUREL MINERAL ESTATE

Name: LAUREL MINERAL ESTATE lease production and value, Jan 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 231304District 04Field 462164032 tax incentive programmesCondensateGasSave Export

Value, all time

$8.7 M

Jan 2007 – May 2026

Value, last 12 filed months

$63 k

at the published price for each month

Months reported

233

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	2010-02-23	196336
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	7,898 bbl	$697,627
Gas	Production	1,353,273 Mcf	$8,049,298
Total			$8,746,925

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 27.2027, -99.1572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20269, -99.15722 · 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

11,875 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 11,875 ft.

Completions filed

Jul 2007

1 of 1 wells

1 well


42-50535541	17	11,875 ft	Jul 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 (233)

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

233 months


May 2026	0	705	106.41	3.05	$2,147
Apr 2026	0	1,146	98.93	2.87	$3,289
Mar 2026	11	1,318	89.75	3.15	$5,138
Feb 2026	18	1,441	63.50	3.75	$6,547
Jan 2026	0	1,282	59.13	8.00	$10,253
Dec 2025	18	1,296	56.66	4.41	$6,740
Nov 2025	0	1,454	58.59	3.93	$5,709
Oct 2025	0	1,165	59.38	3.30	$3,850
Sep 2025	19	1,418	62.74	3.08	$5,555
Aug 2025	0	1,521	63.93	3.01	$4,585
Jul 2025	0	1,361	66.74	3.32	$4,512
Jun 2025	17	1,067	66.48	3.13	$4,469
May 2025	0	1,262	60.55	3.23	$4,079
Apr 2025	0	1,387	62.36	3.54	$4,914
Mar 2025	0	2,204	67.70	4.27	$9,407
Feb 2025	20	739	70.88	4.34	$4,625
Jan 2025	0	1,414	74.32	4.28	$6,050
Dec 2024	0	1,078	68.99	3.12	$3,365
Nov 2024	17	1,257	69.05	2.20	$3,937
Oct 2024	0	1,606	71.37	2.28	$3,664
Sep 2024	0	1,045	69.61	2.36	$2,471
Aug 2024	16	1,017	75.63	2.06	$3,309
Jul 2024	6	1,403	79.93	2.15	$3,491
Jun 2024	0	929	78.08	2.63	$2,447
May 2024	0	1,343	78.81	2.20	$2,953
Apr 2024	0	1,349	84.45	1.66	$2,238
Mar 2024	15	1,383	80.30	1.55	$3,341
Feb 2024	0	1,587	76.09	1.78	$2,831
Jan 2024	0	1,646	73.02	3.30	$5,428
Dec 2023	9	1,417	71.26	2.61	$4,341
Nov 2023	6	1,471	77.89	2.81	$4,597
Oct 2023	0	1,417	85.44	3.09	$4,375
Sep 2023	11	1,226	89.04	2.74	$4,333
Aug 2023	0	1,219	80.52	2.67	$3,258
Jul 2023	14	1,207	74.85	2.64	$4,237
Jun 2023	0	1,165	68.96	2.26	$2,631
May 2023	0	1,431	70.62	2.23	$3,187
Apr 2023	0	1,377	78.12	2.24	$3,081
Mar 2023	15	1,576	72.85	2.39	$4,864
Feb 2023	15	1,410	75.11	2.47	$4,603
Jan 2023	0	1,229	76.53	3.39	$4,164
Dec 2022	0	1,161	76.41	5.73	$6,651
Nov 2022	0	1,348	85.00	5.65	$7,611
Oct 2022	13	1,481	87.18	5.86	$9,818
Sep 2022	0	1,327	84.88	8.16	$10,833
Aug 2022	10	1,382	94.52	9.13	$13,559
Jul 2022	0	1,536	101.58	7.54	$11,585
Jun 2022	0	1,358	115.09	7.98	$10,833
May 2022	0	1,470	109.37	8.43	$12,397
Apr 2022	0	1,608	104.22	6.84	$10,995
Mar 2022	0	1,461	108.88	5.08	$7,417
Feb 2022	0	1,061	91.05	4.86	$5,155
Jan 2022	13	1,424	81.84	4.54	$7,526
Dec 2021	0	1,492	71.32	3.90	$5,817
Nov 2021	0	1,385	77.43	5.24	$7,253
Oct 2021	0	1,513	79.79	5.71	$8,645
Sep 2021	14	1,410	69.86	5.35	$8,523
Aug 2021	0	1,398	66.02	4.22	$5,900
Jul 2021	0	1,582	70.78	3.98	$6,300
Jun 2021	0	1,523	69.49	3.38	$5,149
May 2021	13	1,521	63.48	3.02	$5,415
Apr 2021	29	1,575	60.36	2.76	$6,095
Mar 2021	0	1,691	61.30	2.72	$4,594
Feb 2021	0	1,328	57.80	5.55	$7,368
Jan 2021	0	1,588	50.41	2.81	$4,463
Dec 2020	15	1,576	44.64	2.68	$4,886
Nov 2020	0	1,608	38.77	2.71	$4,352
Oct 2020	0	1,580	36.97	2.48	$3,916
Sep 2020	13	1,547	37.09	1.99	$3,562
Aug 2020	0	1,545	39.98	2.39	$3,685
Jul 2020	0	1,574	38.37	1.83	$2,873
Jun 2020	0	1,557	34.90	1.69	$2,632
May 2020	0	1,596	16.92	1.81	$2,896
Apr 2020	46	1,540	14.75	1.80	$3,457
Mar 2020	0	1,629	30.34	1.86	$3,024
Feb 2020	0	1,617	49.88	1.98	$3,203
Jan 2020	0	1,649	57.25	2.09	$3,454
Dec 2019	0	1,699	59.01	2.30	$3,915
Nov 2019	0	1,642	55.30	2.75	$4,517
Oct 2019	14	1,761	53.47	2.42	$5,008
Sep 2019	0	1,736	55.05	2.66	$4,613
Aug 2019	0	1,713	53.11	2.30	$3,947
Jul 2019	27	1,722	56.27	2.46	$5,756
Jun 2019	0	1,704	52.78	2.49	$4,245
May 2019	0	2,017	58.48	2.74	$5,527
Apr 2019	0	2,128	62.63	2.75	$5,853
Mar 2019	14	1,048	56.80	3.06	$4,004
Feb 2019	0	1,579	50.85	2.79	$4,409
Jan 2019	28	1,812	46.03	3.23	$7,138
Dec 2018	0	1,863	46.59	4.19	$7,797
Nov 2018	0	1,778	52.93	4.24	$7,534
Oct 2018	0	1,827	61.44	3.40	$6,208
Sep 2018	0	1,883	59.54	3.11	$5,852
Aug 2018	0	1,922	59.40	3.07	$5,894
Jul 2018	0	1,983	65.14	2.93	$5,814
Jun 2018	0	1,925	60.18	3.08	$5,923
May 2018	14	2,188	65.38	2.90	$7,262
Apr 2018	14	1,661	63.84	2.90	$5,712
Mar 2018	0	1,962	61.22	2.79	$5,468
Feb 2018	13	1,682	61.78	2.77	$5,456
Jan 2018	14	1,992	62.87	4.01	$8,867
Dec 2017	0	2,008	57.27	2.92	$5,866
Nov 2017	13	1,840	55.42	3.12	$6,458
Oct 2017	0	1,966	49.29	2.98	$5,866
Sep 2017	14	2,012	47.52	3.09	$6,877
Aug 2017	0	2,190	45.37	3.00	$6,580
Jul 2017	15	2,346	43.87	3.09	$7,901
Jun 2017	0	2,317	42.49	3.09	$7,153
May 2017	14	2,313	45.37	3.26	$8,183
Apr 2017	14	2,434	47.93	3.21	$8,488
Mar 2017	0	2,484	46.77	2.98	$7,411
Feb 2017	28	1,759	50.45	2.95	$6,606
Jan 2017	0	2,195	49.41	3.42	$7,504
Dec 2016	24	2,066	48.76	3.72	$8,862
Nov 2016	0	1,887	42.49	2.64	$4,990
Oct 2016	0	2,065	46.19	3.09	$6,381
Sep 2016	13	2,228	41.55	3.10	$7,448
Aug 2016	12	2,203	41.44	2.92	$6,940
Jul 2016	0	1,580	41.62	2.92	$4,620
Jun 2016	0	1,835	45.35	2.69	$4,929
May 2016	10	2,333	42.52	1.99	$5,070
Apr 2016	6	2,220	36.56	1.99	$4,639
Mar 2016	24	2,314	33.01	1.79	$4,944
Feb 2016	0	1,932	26.47	2.06	$3,987
Jan 2016	11	2,242	27.35	2.36	$5,602
Dec 2015	15	2,494	32.36	2.00	$5,477
Nov 2015	0	2,269	38.79	2.17	$4,918
Oct 2015	0	2,458	43.55	2.43	$5,965
Sep 2015	0	2,411	42.99	2.76	$6,651
Aug 2015	0	2,628	40.16	2.87	$7,549
Jul 2015	12	2,588	48.15	2.95	$8,200
Jun 2015	11	2,721	56.15	2.88	$8,462
May 2015	0	2,351	55.21	2.96	$6,948
Apr 2015	0	2,647	49.82	2.71	$7,164
Mar 2015	0	3,511	42.89	2.93	$10,304
Feb 2015	4	2,264	44.66	2.98	$6,917
Jan 2015	0	2,341	43.43	3.10	$7,259
Dec 2014	13	2,881	54.69	3.59	$11,058
Nov 2014	6	2,967	70.46	4.25	$13,038
Oct 2014	0	3,148	78.30	3.90	$12,280
Sep 2014	14	3,074	86.16	4.05	$13,642
Aug 2014	0	3,322	89.39	4.04	$13,405
Jul 2014	33	3,126	96.56	4.18	$16,252
Jun 2014	0	3,398	98.16	4.74	$16,096
May 2014	25	3,304	94.73	4.73	$17,985
Apr 2014	9	3,458	95.94	4.81	$17,493
Mar 2014	33	3,702	95.89	5.06	$21,885
Feb 2014	0	3,231	97.40	6.19	$20,006
Jan 2014	12	2,977	90.40	4.86	$15,555
Dec 2013	0	2,008	91.82	4.35	$8,744
Nov 2013	8	3,401	88.85	3.74	$13,425
Oct 2013	0	3,579	97.42	3.78	$13,526
Sep 2013	7	3,379	104.11	3.72	$13,291
Aug 2013	2	3,526	104.25	3.52	$12,629
Jul 2013	13	3,300	102.52	3.72	$13,601
Jun 2013	0	3,811	94.40	3.93	$14,990
May 2013	18	3,756	94.83	4.15	$17,291
Apr 2013	14	3,675	93.96	4.28	$17,054
Mar 2013	0	3,847	93.62	3.91	$15,053
Feb 2013	22	3,642	91.23	3.42	$14,462
Jan 2013	16	4,182	91.60	3.42	$15,768
Dec 2012	57	4,701	86.77	3.42	$21,024
Nov 2012	0	4,041	86.95	3.62	$14,648
Oct 2012	0	3,909	89.38	3.40	$13,289
Sep 2012	0	4,229	94.67	2.92	$12,342
Aug 2012	152	4,374	92.66	2.91	$26,805
Jul 2012	0	4,294	85.13	3.02	$12,971
Jun 2012	0	3,926	79.82	2.52	$9,890
May 2012	0	4,218	91.61	2.49	$10,496
Apr 2012	78	4,439	101.65	2.00	$16,793
Mar 2012	0	3,301	105.05	2.22	$7,335
Feb 2012	0	4,271	101.10	2.57	$10,978
Jan 2012	34	4,708	98.09	2.73	$16,207
Dec 2011	0	4,685	96.87	3.24	$15,178
Nov 2011	10	4,594	95.72	3.31	$16,169
Oct 2011	3	5,059	84.98	3.65	$18,713
Sep 2011	0	5,033	83.62	3.99	$20,061
Aug 2011	11	5,423	83.40	4.15	$23,419
Jul 2011	11	5,258	94.14	4.52	$24,787
Jun 2011	0	5,571	92.90	4.64	$25,849
May 2011	18	5,368	98.13	4.40	$25,411
Apr 2011	21	5,872	105.96	4.33	$27,670
Mar 2011	8	5,205	96.36	4.06	$21,889
Feb 2011	28	5,470	85.64	4.18	$25,262
Jan 2011	0	5,386	86.50	4.59	$24,715
Dec 2010	9	5,855	85.73	4.35	$26,228
Nov 2010	10	5,667	80.84	3.80	$22,317
Oct 2010	11	5,732	78.10	3.51	$20,972
Sep 2010	8	6,568	72.63	3.98	$26,718
Aug 2010	10	6,083	73.68	4.42	$27,620
Jul 2010	10	6,277	72.55	4.74	$30,456
Jun 2010	10	6,878	70.36	4.91	$34,477
May 2010	10	7,095	71.12	4.24	$30,760
Apr 2010	12	8,239	81.69	4.12	$34,947
Mar 2010	11	7,627	78.39	4.39	$34,335
Feb 2010	23	7,289	73.58	5.44	$41,362
Jan 2010	23	8,246	74.36	5.96	$50,890
Dec 2009	12	7,198	71.44	5.48	$40,329
Nov 2009	12	7,867	74.59	3.75	$30,408
Oct 2009	12	8,701	72.54	4.11	$36,634
Sep 2009	25	8,802	65.54	3.06	$28,614
Aug 2009	14	9,553	67.42	3.22	$31,690
Jul 2009	8	10,284	61.13	3.46	$36,118
Jun 2009	0	10,545	66.16	3.90	$41,073
May 2009	0	11,500	54.74	3.93	$45,146
Apr 2009	0	11,730	46.77	3.59	$42,081
Mar 2009	0	12,659	42.14	4.06	$51,383
Feb 2009	0	11,622	32.81	4.63	$53,845
Jan 2009	25	14,174	35.86	5.37	$77,025
Dec 2008	257	13,944	37.10	5.98	$92,880
Nov 2008	150	14,061	55.49	6.86	$104,787
Oct 2008	221	15,504	75.24	6.92	$123,946
Sep 2008	184	14,175	101.76	7.88	$130,382
Aug 2008	175	17,253	114.22	8.48	$166,346
Jul 2008	365	18,840	131.08	11.39	$262,421
Jun 2008	328	22,419	131.33	13.03	$335,255
May 2008	361	26,946	123.17	11.57	$356,345
Apr 2008	489	39,498	110.31	10.45	$466,888
Mar 2008	497	23,395	101.90	9.66	$276,735
Feb 2008	170	24,254	92.53	8.77	$228,452
Jan 2008	295	33,759	90.38	8.21	$303,679
Dec 2007	544	47,931	88.33	7.30	$398,042
Nov 2007	696	50,119	91.67	7.29	$429,255
Oct 2007	334	23,152	82.85	6.92	$187,930
Sep 2007	374	28,503	75.84	6.24	$206,341
Aug 2007	589	50,580	69.06	6.39	$363,778
Jul 2007	0	72,016	70.90	6.39	$460,034
Jun 2007	0	0	62.00	7.55	$0
May 2007	2	0	58.74	7.85	$117
Apr 2007	20	11,738	59.61	7.81	$92,810
Mar 2007	62	28,199	56.92	7.30	$209,437
Feb 2007	83	61,812	55.10	8.22	$512,421
Jan 2007	0	82,667	50.30	6.73	$556,089

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                  705 Mcf  × $  3.05 =     $2,147

────────────────────────────────────────────────────
Month total                                   $2,147

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/231304 is the state's own key, not one this site invented.