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 232600District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Sep 2007 – May 2026
Value, last 12 filed months
$91 k
at the published price for each month
Months reported
225
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 Gas112008-04-08179854
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
CondensateDisposition241 bbl$18,451
GasProduction1,470,895 Mcf$8,106,372
Total$8,124,822

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 27.1843, -99.1695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18435, -99.16951 · 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
12,300 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 12,300 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-505358501812,300 ftSep 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 (225)

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

225 months

May 202601,985106.413.05$6,046
Apr 202601,96698.932.87$5,642
Mar 202602,01989.753.15$6,359
Feb 202601,86263.503.75$6,983
Jan 202602,10759.138.00$16,852
Dec 202502,09256.664.41$9,233
Nov 202502,07258.593.93$8,136
Oct 202501,90359.383.30$6,289
Sep 202502,10462.743.08$6,474
Aug 202502,02963.933.01$6,117
Jul 202502,10266.743.32$6,969
Jun 202502,04366.483.13$6,392
May 202502,12960.553.23$6,882
Apr 202502,13662.363.54$7,568
Mar 202502,10367.704.27$8,976
Feb 202502,06070.884.34$8,942
Jan 202502,20974.324.28$9,452
Dec 202401,95168.993.12$6,090
Nov 202401,98669.052.20$4,366
Oct 202402,03571.372.28$4,643
Sep 202402,11169.612.36$4,991
Aug 202402,21175.632.06$4,563
Jul 202402,36079.932.15$5,066
Jun 202402,19178.082.63$5,771
May 202402,13178.812.20$4,685
Apr 202402,20584.451.66$3,659
Mar 202402,43180.301.55$3,756
Feb 202402,40776.091.78$4,293
Jan 202402,31473.023.30$7,631
Dec 202301,95871.262.61$5,112
Nov 202302,10277.892.81$5,901
Oct 202302,21485.443.09$6,835
Sep 202302,13489.042.74$5,837
Aug 202302,14980.522.67$5,744
Jul 202302,12474.852.64$5,611
Jun 202301,83768.962.26$4,149
May 202302,16770.622.23$4,827
Apr 202302,19278.122.24$4,905
Mar 202302,06372.852.39$4,937
Feb 202302,01175.112.47$4,958
Jan 202302,27076.533.39$7,690
Dec 202202,39076.415.73$13,693
Nov 202202,15985.005.65$12,190
Oct 202202,33587.185.86$13,692
Sep 202202,44284.888.16$19,936
Aug 202202,42794.529.13$22,152
Jul 202202,311101.587.54$17,430
Jun 202202,242115.097.98$17,885
May 202202,448109.378.43$20,644
Apr 202202,459104.226.84$16,814
Mar 202202,545108.885.08$12,919
Feb 202202,30591.054.86$11,200
Jan 202202,67081.844.54$12,116
Dec 202102,23871.323.90$8,726
Nov 202102,37777.435.24$12,448
Oct 202102,46779.795.71$14,096
Sep 202102,37069.865.35$12,682
Aug 202102,41966.024.22$10,210
Jul 202102,21770.783.98$8,828
Jun 202102,51269.493.38$8,492
May 202102,62563.483.02$7,921
Apr 202102,49060.362.76$6,868
Mar 202102,49661.302.72$6,781
Feb 202102,35357.805.55$13,054
Jan 202102,46050.412.81$6,913
Dec 202002,61144.642.68$6,986
Nov 202002,50538.772.71$6,780
Oct 202002,58036.972.48$6,394
Sep 202002,53737.091.99$5,051
Aug 202002,54539.982.39$6,070
Jul 202002,33938.371.83$4,269
Jun 202002,45034.901.69$4,141
May 202002,65316.921.81$4,815
Apr 202002,51914.751.80$4,545
Mar 202002,34130.341.86$4,345
Feb 202002,22849.881.98$4,413
Jan 202002,58257.252.09$5,409
Dec 201902,46959.012.30$5,689
Nov 201902,57955.302.75$7,094
Oct 201902,71353.472.42$6,562
Sep 201902,44355.052.66$6,492
Aug 201902,74653.112.30$6,328
Jul 201902,76056.272.46$6,790
Jun 201902,63052.782.49$6,552
May 201902,81858.482.74$7,722
Apr 201902,69262.632.75$7,405
Mar 201902,96456.803.06$9,076
Feb 201902,52150.852.79$7,039
Jan 201902,93346.033.23$9,468
Dec 201802,92646.594.19$12,247
Nov 201802,86152.934.24$12,123
Oct 201802,88361.443.40$9,797
Sep 201802,69959.543.11$8,388
Aug 201802,68659.403.07$8,237
Jul 201802,79665.142.93$8,198
Jun 201802,86160.183.08$8,803
May 201802,90165.382.90$8,415
Apr 201802,72763.842.90$7,910
Mar 201802,63661.222.79$7,346
Feb 201802,60061.782.77$7,192
Jan 201802,71862.874.01$10,897
Dec 201702,99857.272.92$8,759
Nov 201702,75855.423.12$8,600
Oct 201702,82249.292.98$8,420
Sep 201702,72147.523.09$8,400
Aug 201702,80445.373.00$8,424
Jul 2017020643.873.09$636
Jun 201702,79442.493.09$8,626
May 201703,12345.373.26$10,192
Apr 201703,10747.933.21$9,978
Mar 201703,30746.772.98$9,867
Feb 201703,43950.452.95$10,154
Jan 201703,57249.413.42$12,212
Dec 201603,78448.763.72$14,087
Nov 201603,85742.492.64$10,199
Oct 201604,03746.193.09$12,475
Sep 201603,70741.553.10$11,494
Aug 201603,70041.442.92$10,820
Jul 201604,11541.622.92$12,034
Jun 201603,55945.352.69$9,559
May 201603,52642.521.99$7,020
Apr 201603,15636.561.99$6,284
Mar 201603,48033.011.79$6,243
Feb 201603,24526.472.06$6,696
Jan 201623,45227.352.36$8,216
Dec 201503,24232.362.00$6,489
Nov 201503,58838.792.17$7,776
Oct 201503,85843.552.43$9,362
Sep 201513,71442.992.76$10,288
Aug 201513,84340.162.87$11,079
Jul 201503,88148.152.95$11,430
Jun 201523,65056.152.88$10,635
May 201503,65355.212.96$10,796
Apr 201573,65149.822.71$10,230
Mar 201504,03242.892.93$11,833
Feb 201523,17444.662.98$9,536
Jan 201574,13143.433.10$13,113
Dec 2014087054.693.59$3,124
Nov 201401,14370.464.25$4,860
Oct 201401,49778.303.90$5,840
Sep 2014063286.164.05$2,557
Aug 20140089.394.04$0
Jul 201405,03196.564.18$21,028
Jun 201425,45698.164.74$26,041
May 201414,71094.734.73$22,357
Apr 201414,37095.944.81$21,112
Mar 201404,54395.895.06$22,973
Feb 201404,20397.406.19$26,025
Jan 201424,73090.404.86$23,172
Dec 201314,79291.824.35$20,958
Nov 201315,23788.853.74$19,666
Oct 201314,91197.423.78$18,658
Sep 201304,064104.113.72$15,109
Aug 201304,362104.253.52$15,366
Jul 201314,659102.523.72$17,423
Jun 201354,95594.403.93$19,962
May 201305,22094.834.15$21,658
Apr 201315,06193.964.28$21,768
Mar 201325,83993.623.91$23,034
Feb 201315,35091.233.42$18,388
Jan 201316,01391.603.42$20,656
Dec 201216,09086.773.42$20,916
Nov 201215,60386.953.62$20,398
Oct 201206,26089.383.40$21,282
Sep 201206,22094.672.92$18,152
Aug 201206,43392.662.91$18,708
Jul 201226,57085.133.02$20,017
Jun 201206,47079.822.52$16,298
May 201206,70791.612.49$16,689
Apr 201206,584101.652.00$13,147
Mar 2012186,921105.052.22$17,270
Feb 201206,460101.102.57$16,604
Jan 2012417,08498.092.73$23,390
Dec 201107,18196.873.24$23,265
Nov 201107,07995.723.31$23,441
Oct 201107,03284.983.65$25,657
Sep 201107,30083.623.99$29,096
Aug 201107,65783.404.15$31,771
Jul 201107,26594.144.52$32,818
Jun 201107,36392.904.64$34,163
May 201108,02098.134.40$35,327
Apr 201107,855105.964.33$34,038
Mar 201108,38096.364.06$34,001
Feb 201106,90385.644.18$28,854
Jan 201108,77486.504.59$40,262
Dec 201007,64885.734.35$33,252
Nov 201008,20080.843.80$31,122
Oct 201038,21978.103.51$29,074
Sep 201008,66772.633.98$34,490
Aug 2010210,39473.684.42$46,082
Jul 201069,29672.554.74$44,466
Jun 201009,14070.364.91$44,881
May 201059,78271.124.24$41,785
Apr 201009,92481.694.12$40,914
Mar 2010310,49578.394.39$46,294
Feb 201059,94073.585.44$54,465
Jan 2010710,90174.365.96$65,535
Dec 2009411,68771.445.48$64,374
Nov 2009011,47374.593.75$43,041
Oct 2009212,15772.544.11$50,113
Sep 2009011,51865.543.06$35,300
Aug 2009213,10667.423.22$42,317
Jul 20091114,02461.133.46$49,259
Jun 2009012,89966.163.90$50,242
May 2009014,70954.743.93$57,744
Apr 2009415,01046.773.59$54,035
Mar 2009616,27542.144.06$66,313
Feb 20091916,73732.814.63$78,166
Jan 2009017,55335.865.37$94,277
Dec 2008417,25537.105.98$103,284
Nov 2008017,73155.496.86$121,641
Oct 2008019,78975.246.92$136,979
Sep 2008019,708101.767.88$155,242
Aug 2008022,266114.228.48$188,883
Jul 2008023,182131.0811.39$264,030
Jun 2008025,044131.3313.03$326,389
May 2008028,509123.1711.57$329,971
Apr 2008030,836110.3110.45$322,386
Mar 2008737,048101.909.66$358,748
Feb 2008044,41192.538.77$389,510
Jan 2008249,40890.388.21$405,609
Dec 2007167,88988.337.30$495,812
Nov 2007399,09791.677.29$722,861
Oct 20074061,73982.856.92$430,670
Sep 20070075.846.24$0

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                1,985 Mcf  × $  3.05 =     $6,046

────────────────────────────────────────────────────
Month total                                   $6,046

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/232600 is the state's own key, not one this site invented.