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 235934District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
May 2007 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
229
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 Gas112010-07-27198550
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
CondensateDisposition6,331 bbl$452,568
GasProduction1,115,634 Mcf$6,141,884
Total$6,594,451

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 27.2045, -99.1595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20454, -99.15946 · 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
11,800 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 11,800 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-505358182011,800 ftMay 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 (229)

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

229 months

May 202601,256106.413.05$3,826
Apr 202601,40998.932.87$4,043
Mar 2026111,47189.753.15$5,620
Feb 2026201,40463.503.75$6,535
Jan 202601,35659.138.00$10,845
Dec 2025191,47356.664.41$7,577
Nov 202501,56758.593.93$6,153
Oct 202501,33959.383.30$4,425
Sep 2025221,23862.743.08$5,190
Aug 202501,47563.933.01$4,447
Jul 202501,64066.743.32$5,437
Jun 2025231,37866.483.13$5,840
May 202501,59760.553.23$5,162
Apr 202501,43762.363.54$5,091
Mar 202502,01367.704.27$8,592
Feb 2025241,29370.884.34$7,314
Jan 202501,73674.324.28$7,428
Dec 202401,41068.993.12$4,401
Nov 2024181,46369.052.20$4,459
Oct 202401,46671.372.28$3,345
Sep 202401,42969.612.36$3,379
Aug 2024221,41475.632.06$4,582
Jul 202481,52179.932.15$3,904
Jun 202401,42478.082.63$3,751
May 202401,63878.812.20$3,601
Apr 202401,63684.451.66$2,714
Mar 2024171,65880.301.55$3,927
Feb 202401,45276.091.78$2,590
Jan 202401,83773.023.30$6,058
Dec 2023101,64571.262.61$5,007
Nov 202381,60077.892.81$5,115
Oct 202301,56585.443.09$4,832
Sep 2023151,43189.042.74$5,249
Aug 202301,58980.522.67$4,247
Jul 2023181,51474.852.64$5,347
Jun 202301,42868.962.26$3,225
May 202301,65670.622.23$3,689
Apr 202301,74678.122.24$3,907
Mar 2023172,01572.852.39$6,061
Feb 2023161,51075.112.47$4,925
Jan 202301,69676.533.39$5,746
Dec 202201,68776.415.73$9,665
Nov 202201,81485.005.65$10,242
Oct 2022171,86987.185.86$12,441
Sep 202201,83184.888.16$14,948
Aug 2022181,89594.529.13$18,997
Jul 202201,647101.587.54$12,422
Jun 202201,632115.097.98$13,019
May 202201,631109.378.43$13,754
Apr 202201,726104.226.84$11,802
Mar 202201,847108.885.08$9,376
Feb 202201,52791.054.86$7,419
Jan 2022182,01781.844.54$10,626
Dec 202102,05171.323.90$7,997
Nov 202101,98677.435.24$10,400
Oct 202102,09879.795.71$11,988
Sep 2021181,95569.865.35$11,719
Aug 202101,76666.024.22$7,454
Jul 202101,88870.783.98$7,518
Jun 202101,83569.493.38$6,203
May 2021151,82963.483.02$6,472
Apr 2021351,82460.362.76$7,144
Mar 202101,77361.302.72$4,817
Feb 202101,56757.805.55$8,694
Jan 202101,80450.412.81$5,070
Dec 2020181,72644.642.68$5,421
Nov 202001,74438.772.71$4,720
Oct 202001,83836.972.48$4,555
Sep 2020171,81737.091.99$4,248
Aug 202001,92239.982.39$4,584
Jul 202001,99338.371.83$3,637
Jun 202001,99434.901.69$3,370
May 202002,00616.921.81$3,640
Apr 2020562,05614.751.80$4,536
Mar 202001,76930.341.86$3,284
Feb 202001,94749.881.98$3,856
Jan 202002,26457.252.09$4,742
Dec 201901,53859.012.30$3,544
Nov 201901,39855.302.75$3,845
Oct 2019151,70353.472.42$4,921
Sep 201902,02355.052.66$5,376
Aug 201902,09853.112.30$4,835
Jul 2019261,97356.272.46$6,317
Jun 201902,11752.782.49$5,274
May 201902,11758.482.74$5,801
Apr 201901,98762.632.75$5,466
Mar 2019162,02856.803.06$7,119
Feb 201902,08950.852.79$5,833
Jan 2019322,25046.033.23$8,736
Dec 201802,30646.594.19$9,652
Nov 201802,09452.934.24$8,873
Oct 201802,16261.443.40$7,347
Sep 201802,03159.543.11$6,312
Aug 201802,30959.403.07$7,081
Jul 201802,43265.142.93$7,130
Jun 201802,28960.183.08$7,043
May 2018162,39665.382.90$7,996
Apr 2018162,27863.842.90$7,629
Mar 201802,36861.222.79$6,599
Feb 2018172,00661.782.77$6,599
Jan 2018182,24362.874.01$10,125
Dec 201702,20757.272.92$6,448
Nov 2017172,30755.423.12$8,136
Oct 201702,44949.292.98$7,307
Sep 2017182,32847.523.09$8,043
Aug 201702,88545.373.00$8,668
Jul 2017193,03543.873.09$10,203
Jun 201702,84842.493.09$8,793
May 2017193,01045.373.26$10,685
Apr 2017193,04947.933.21$10,703
Mar 201703,22946.772.98$9,634
Feb 2017372,65150.452.95$9,694
Jan 201702,65149.413.42$9,063
Dec 2016332,87248.763.72$12,301
Nov 201602,68142.492.64$7,090
Oct 201602,80546.193.09$8,668
Sep 2016192,78141.553.10$9,412
Aug 2016193,02341.442.92$9,628
Jul 201603,29741.622.92$9,642
Jun 201603,40745.352.69$9,151
May 2016143,43542.521.99$7,435
Apr 2016103,43736.561.99$7,209
Mar 2016363,40933.011.79$7,304
Feb 201604,86726.472.06$10,044
Jan 201605,98427.352.36$14,148
Dec 201532032.362.00$137
Nov 201505138.792.17$111
Oct 201503343.552.43$80
Sep 20150942.992.76$25
Aug 201502,58140.162.87$7,414
Jul 201584,38848.152.95$13,308
Jun 201533,87156.152.88$11,328
May 201505855.212.96$171
Apr 201505,77549.822.71$15,630
Mar 2015093942.892.93$2,756
Feb 201543,42144.662.98$10,360
Jan 201501,39643.433.10$4,328
Dec 2014123,40954.693.59$12,899
Nov 201436,34170.464.25$27,172
Oct 201401,78978.303.90$6,979
Sep 201403,85086.164.05$15,575
Aug 201406189.394.04$246
Jul 20148096.564.18$772
Jun 201407398.164.74$346
May 20141564794.734.73$4,479
Apr 201433,79995.944.81$18,558
Mar 2014162,57395.895.06$14,545
Feb 201403,98097.406.19$24,644
Jan 201465,34790.404.86$26,533
Dec 2013065291.824.35$2,839
Nov 201324,30488.853.74$16,267
Oct 201305,16097.423.78$19,502
Sep 2013373104.113.72$584
Aug 2013104,397104.253.52$16,531
Jul 201311362102.523.72$2,474
Jun 201304,20394.403.93$16,532
May 201393,84194.834.15$16,790
Apr 201353,82593.964.28$16,851
Mar 201304,10493.623.91$16,058
Feb 201363,84491.233.42$13,694
Jan 201344,41891.603.42$15,476
Dec 2012125,04986.773.42$18,310
Nov 201203,84586.953.62$13,938
Oct 201203,60089.383.40$12,239
Sep 201204,38194.672.92$12,786
Aug 2012283,12492.662.91$11,680
Jul 201204,49585.133.02$13,579
Jun 201202,26379.822.52$5,701
May 201204,62891.612.49$11,516
Apr 2012374,945101.652.00$13,635
Mar 201203,469105.052.22$7,708
Feb 201204,310101.102.57$11,078
Jan 2012194,97498.092.73$15,463
Dec 201105,19596.873.24$16,830
Nov 2011173,49595.723.31$13,200
Oct 201165,23584.983.65$19,610
Sep 201105,38883.623.99$21,475
Aug 2011226,11083.404.15$27,187
Jul 2011226,76994.144.52$32,648
Jun 201102,60092.904.64$12,064
May 2011233,95998.134.40$19,696
Apr 2011313,478105.964.33$18,356
Mar 2011175,39496.364.06$23,523
Feb 2011597,01685.644.18$34,380
Jan 201103,39086.504.59$15,556
Dec 2010153,88685.734.35$18,181
Nov 2010204,59480.843.80$19,053
Oct 2010185,22178.103.51$19,726
Sep 2010123,81872.633.98$16,065
Aug 2010344,57973.684.42$22,741
Jul 2010386,58672.554.74$33,951
Jun 2010385,49870.364.91$29,671
May 2010447,91571.124.24$36,651
Apr 2010457,49181.694.12$34,559
Mar 2010498,57778.394.39$41,483
Feb 2010857,16773.585.44$45,260
Jan 2010486,07274.365.96$39,783
Dec 2009255,19971.445.48$30,296
Nov 2009296,14774.593.75$25,224
Oct 2009338,31972.544.11$36,587
Sep 2009688,62765.543.06$30,896
Aug 2009349,74367.423.22$33,650
Jul 2009188,19761.133.46$29,499
Jun 200907,00166.163.90$27,269
May 200908,52754.743.93$33,475
Apr 2009010,14746.773.59$36,402
Mar 2009010,25742.144.06$41,633
Feb 2009010,33832.814.63$47,896
Jan 2009012,08635.865.37$64,914
Dec 2008011,15137.105.98$66,651
Nov 2008011,96255.496.86$82,064
Oct 200809,66975.246.92$66,929
Sep 2008013,211101.767.88$104,064
Aug 2008014,224114.228.48$120,662
Jul 2008014,788131.0811.39$168,427
Jun 2008012,377131.3313.03$161,305
May 2008018,356123.1711.57$212,458
Apr 2008015,717110.3110.45$164,319
Mar 20082026,614101.909.66$259,238
Feb 200820618,83092.538.77$184,211
Jan 200826319,89390.388.21$187,007
Dec 20077219,41988.337.30$148,157
Nov 200714122,29091.677.29$175,457
Oct 200714531,04382.856.92$226,892
Sep 200723821,76675.846.24$153,960
Aug 200733631,98469.066.39$227,516
Jul 20071,74552,39970.906.39$458,442
Jun 20071,19290,17662.007.55$754,593
May 2007028,78558.747.85$225,855

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                1,256 Mcf  × $  3.05 =     $3,826

────────────────────────────────────────────────────
Month total                                   $3,826

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/235934 is the state's own key, not one this site invented.