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 237428District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Mar 2008 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
219
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 Gas112008-08-14183730
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
CondensateDisposition85 bbl$4,319
GasProduction149,916 Mcf$1,007,383
Total$1,011,703

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 27.1811, -99.1694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18111, -99.16944 · 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
12,600 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 12,600 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-505360742112,600 ftSep 2008

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 (219)

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

219 months

May 2026020106.413.05$61
Apr 202603498.932.87$98
Mar 202601789.753.15$54
Feb 202604763.503.75$176
Jan 202604359.138.00$344
Dec 202504756.664.41$207
Nov 202503658.593.93$141
Oct 2025044759.383.30$1,477
Sep 20250062.743.08$0
Aug 2025010663.933.01$320
Jul 20250066.743.32$0
Jun 202506366.483.13$197
May 202505860.553.23$187
Apr 202506062.363.54$213
Mar 2025010167.704.27$431
Feb 202504870.884.34$208
Jan 2025023274.324.28$993
Dec 202401468.993.12$44
Nov 2024010969.052.20$240
Oct 2024012071.372.28$274
Sep 202404369.612.36$102
Aug 2024016575.632.06$341
Jul 202408379.932.15$178
Jun 202406678.082.63$174
May 2024011778.812.20$257
Apr 202405184.451.66$85
Mar 202409580.301.55$147
Feb 202409676.091.78$171
Jan 2024013173.023.30$432
Dec 2023010471.262.61$272
Nov 2023012377.892.81$345
Oct 2023015885.443.09$488
Sep 2023021689.042.74$591
Aug 202309480.522.67$251
Jul 202303374.852.64$87
Jun 202308668.962.26$194
May 2023012370.622.23$274
Apr 20230078.122.24$0
Mar 2023018272.852.39$436
Feb 202301475.112.47$35
Jan 202308176.533.39$274
Dec 202205976.415.73$338
Nov 202207585.005.65$423
Oct 202205787.185.86$334
Sep 202205884.888.16$473
Aug 202206294.529.13$566
Jul 2022094101.587.54$709
Jun 2022029115.097.98$231
May 2022058109.378.43$489
Apr 2022053104.226.84$362
Mar 2022097108.885.08$492
Feb 2022017991.054.86$870
Jan 2022011781.844.54$531
Dec 2021010271.323.90$398
Nov 2021010177.435.24$529
Oct 202104279.795.71$240
Sep 202108469.865.35$449
Aug 202103766.024.22$156
Jul 2021011970.783.98$474
Jun 202103769.493.38$125
May 202103363.483.02$100
Apr 20210460.362.76$11
Mar 202109261.302.72$250
Feb 202103357.805.55$183
Jan 202108950.412.81$250
Dec 202008044.642.68$214
Nov 202007038.772.71$189
Oct 202001336.972.48$32
Sep 20200037.091.99$0
Aug 202003939.982.39$93
Jul 202006338.371.83$115
Jun 202006034.901.69$101
May 202006116.921.81$111
Apr 2020013014.751.80$235
Mar 202002930.341.86$54
Feb 202002749.881.98$53
Jan 202006957.252.09$145
Dec 201905459.012.30$124
Nov 201907955.302.75$217
Oct 201907053.472.42$169
Sep 201909755.052.66$258
Aug 2019018553.112.30$426
Jul 201909656.272.46$236
Jun 2019015852.782.49$394
May 2019010158.482.74$277
Apr 2019014362.632.75$393
Mar 201908356.803.06$254
Feb 201907750.852.79$215
Jan 201908446.033.23$271
Dec 201805246.594.19$218
Nov 201806852.934.24$288
Oct 2018016961.443.40$574
Sep 2018014859.543.11$460
Aug 2018018459.403.07$564
Jul 201808865.142.93$258
Jun 2018018360.183.08$563
May 2018018065.382.90$522
Apr 201809963.842.90$287
Mar 2018011861.222.79$329
Feb 2018011561.782.77$318
Jan 2018015962.874.01$637
Dec 2017015457.272.92$450
Nov 2017016755.423.12$521
Oct 201707049.292.98$209
Sep 2017014047.523.09$432
Aug 2017017345.373.00$520
Jul 20170443.873.09$12
Jun 201704742.493.09$145
May 201709545.373.26$310
Apr 2017014947.933.21$479
Mar 2017013246.772.98$394
Feb 2017050150.452.95$1,479
Jan 201704249.413.42$144
Dec 2016010348.763.72$383
Nov 2016012842.492.64$338
Oct 201607446.193.09$229
Sep 201665941.553.10$432
Aug 201608541.442.92$249
Jul 201602841.622.92$82
Jun 201606845.352.69$183
May 2016039042.521.99$777
Apr 20160136.561.99$2
Mar 201641933.011.79$166
Feb 2016030326.472.06$625
Jan 2016529427.352.36$832
Dec 201509732.362.00$194
Nov 2015015238.792.17$329
Oct 2015018943.552.43$459
Sep 2015321242.992.76$714
Aug 2015318140.162.87$640
Jul 2015016148.152.95$474
Jun 2015222656.152.88$764
May 2015011955.212.96$352
Apr 2015515949.822.71$679
Mar 2015035442.892.93$1,039
Feb 2015247644.662.98$1,506
Jan 201571,10843.433.10$3,740
Dec 201401,71654.693.59$6,163
Nov 201401,07970.464.25$4,588
Oct 201401,01478.303.90$3,956
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012025486.953.62$921
Oct 2012016389.383.40$554
Sep 2012012594.672.92$365
Aug 2012038092.662.91$1,105
Jul 201201,21685.133.02$3,673
Jun 201201,03679.822.52$2,610
May 2012086991.612.49$2,162
Apr 20120818101.652.00$1,633
Mar 20120830105.052.22$1,844
Feb 20120843101.102.57$2,167
Jan 2012095098.092.73$2,597
Dec 2011093596.873.24$3,029
Nov 2011080595.723.31$2,666
Oct 2011088584.983.65$3,229
Sep 201101,06483.623.99$4,241
Aug 201101,40583.404.15$5,830
Jul 201101,17594.144.52$5,308
Jun 201101,12792.904.64$5,229
May 201111,28098.134.40$5,736
Apr 201101,195105.964.33$5,178
Mar 2011093696.364.06$3,798
Feb 2011174585.644.18$3,200
Jan 201101,10686.504.59$5,075
Dec 2010092985.734.35$4,039
Nov 2010098580.843.80$3,738
Oct 2010280778.103.51$2,988
Sep 201001,24872.633.98$4,966
Aug 201001,41773.684.42$6,262
Jul 201041,27572.554.74$6,329
Jun 201001,33370.364.91$6,546
May 201061,40371.124.24$6,369
Apr 201001,18781.694.12$4,894
Mar 201011,46078.394.39$6,486
Feb 2010283873.585.44$4,708
Jan 2010398774.365.96$6,110
Dec 200921,35571.445.48$7,573
Nov 200901,24474.593.75$4,667
Oct 200921,95472.544.11$8,177
Sep 200901,93765.543.06$5,936
Aug 200902,29267.423.22$7,377
Jul 200952,77661.133.46$9,923
Jun 200901,95366.163.90$7,607
May 200902,89854.743.93$11,377
Apr 200922,99246.773.59$10,827
Mar 200953,48042.144.06$14,336
Feb 2009123,27032.814.63$15,544
Jan 200904,03035.865.37$21,645
Dec 200801,35437.105.98$8,093
Nov 200803,36855.496.86$23,106
Oct 200805,23275.246.92$36,216
Sep 20080720101.767.88$5,672
Aug 200804,370114.228.48$37,071
Jul 200805,655131.0811.39$64,407
Jun 200808,433131.3313.03$109,904
May 2008012,030123.1711.57$139,239
Apr 2008023,610110.3110.45$246,839
Mar 200801,678101.909.66$16,216

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                   20 Mcf  × $  3.05 =        $61

────────────────────────────────────────────────────
Month total                                      $61

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/237428 is the state's own key, not one this site invented.