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 243408District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Jul 2008 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
215
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 Gas112015-11-18217017
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
CondensateDisposition1,401 bbl$92,898
GasProduction1,154,137 Mcf$6,994,562
Total$7,087,460

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 27.1654, -99.1715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16543, -99.17150 · 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
13,442 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 13,442 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-505361102213,442 ftJul 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 (215)

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

215 months

May 20260374106.413.05$1,139
Apr 2026027998.932.87$801
Mar 2026034489.753.15$1,083
Feb 2026032463.503.75$1,215
Jan 2026035659.138.00$2,847
Dec 2025036756.664.41$1,620
Nov 2025035458.593.93$1,390
Oct 2025031859.383.30$1,051
Sep 2025032862.743.08$1,009
Aug 2025037063.933.01$1,115
Jul 2025033866.743.32$1,121
Jun 2025035566.483.13$1,111
May 2025032760.553.23$1,057
Apr 2025034562.363.54$1,222
Mar 2025030467.704.27$1,298
Feb 2025029670.884.34$1,285
Jan 2025034274.324.28$1,463
Dec 2024021368.993.12$665
Nov 2024024969.052.20$547
Oct 2024038471.372.28$876
Sep 2024020769.612.36$489
Aug 2024022775.632.06$468
Jul 2024019879.932.15$425
Jun 2024014678.082.63$385
May 2024023578.812.20$517
Apr 2024019584.451.66$324
Mar 2024022380.301.55$345
Feb 2024019076.091.78$339
Jan 2024024773.023.30$815
Dec 2023034471.262.61$898
Nov 2023040977.892.81$1,148
Oct 2023028385.443.09$874
Sep 2023025389.042.74$692
Aug 2023037180.522.67$992
Jul 2023028074.852.64$740
Jun 2023027368.962.26$617
May 2023027270.622.23$606
Apr 2023037778.122.24$844
Mar 2023036172.852.39$864
Feb 2023034275.112.47$843
Jan 2023034476.533.39$1,165
Dec 2022039676.415.73$2,269
Nov 2022037185.005.65$2,095
Oct 2022039387.185.86$2,304
Sep 2022029684.888.16$2,416
Aug 2022032894.529.13$2,994
Jul 20220272101.587.54$2,051
Jun 20220210115.097.98$1,675
May 20220285109.378.43$2,403
Apr 20220224104.226.84$1,532
Mar 20220214108.885.08$1,086
Feb 2022048691.054.86$2,361
Jan 2022051381.844.54$2,328
Dec 2021035771.323.90$1,392
Nov 2021042177.435.24$2,205
Oct 2021027479.795.71$1,566
Sep 2021026469.865.35$1,413
Aug 2021028966.024.22$1,220
Jul 2021026170.783.98$1,039
Jun 2021029369.493.38$991
May 2021023563.483.02$709
Apr 2021034260.362.76$943
Mar 2021036261.302.72$984
Feb 2021040257.805.55$2,230
Jan 2021043550.412.81$1,222
Dec 2020037144.642.68$993
Nov 2020026238.772.71$709
Oct 2020028536.972.48$706
Sep 2020026137.091.99$520
Aug 2020026139.982.39$623
Jul 2020027438.371.83$500
Jun 2020029634.901.69$500
May 2020038716.921.81$702
Apr 2020040814.751.80$736
Mar 2020036030.341.86$668
Feb 2020037549.881.98$743
Jan 2020045657.252.09$955
Dec 2019045659.012.30$1,051
Nov 2019044655.302.75$1,227
Oct 2019040153.472.42$970
Sep 2019031855.052.66$845
Aug 2019030053.112.30$691
Jul 2019038856.272.46$955
Jun 2019036952.782.49$919
May 2019038558.482.74$1,055
Apr 2019036762.632.75$1,010
Mar 2019040956.803.06$1,252
Feb 2019035150.852.79$980
Jan 2019042646.033.23$1,375
Dec 2018043746.594.19$1,829
Nov 2018041952.934.24$1,775
Oct 2018037661.443.40$1,278
Sep 2018038359.543.11$1,190
Aug 2018039059.403.07$1,196
Jul 2018037965.142.93$1,111
Jun 2018036860.183.08$1,132
May 2018038965.382.90$1,128
Apr 2018040163.842.90$1,163
Mar 2018044761.222.79$1,246
Feb 2018044261.782.77$1,223
Jan 2018048962.874.01$1,961
Dec 2017049757.272.92$1,452
Nov 2017046155.423.12$1,438
Oct 2017043449.292.98$1,295
Sep 2017046847.523.09$1,445
Aug 2017052345.373.00$1,571
Jul 201703743.873.09$114
Jun 2017051142.493.09$1,578
May 2017052445.373.26$1,710
Apr 2017049047.933.21$1,574
Mar 2017049646.772.98$1,480
Feb 2017053250.452.95$1,571
Jan 2017055049.413.42$1,880
Dec 2016056648.763.72$2,107
Nov 2016053342.492.64$1,409
Oct 2016058146.193.09$1,795
Sep 2016157641.553.10$1,828
Aug 2016056341.442.92$1,646
Jul 2016055441.622.92$1,620
Jun 2016067845.352.69$1,821
May 2016077742.521.99$1,547
Apr 2016070236.561.99$1,398
Mar 2016167833.011.79$1,249
Feb 2016066726.472.06$1,376
Jan 2016273027.352.36$1,781
Dec 2015075732.362.00$1,515
Nov 2015075938.792.17$1,645
Oct 2015078543.552.43$1,905
Sep 2015176642.992.76$2,156
Aug 2015177540.162.87$2,266
Jul 2015076548.152.95$2,253
Jun 2015272256.152.88$2,194
May 2015080355.212.96$2,373
Apr 2015583049.822.71$2,496
Mar 2015086142.892.93$2,527
Feb 20152580544.662.98$3,512
Jan 2015786843.433.10$2,995
Dec 2014094554.693.59$3,394
Nov 201401,06370.464.25$4,520
Oct 201401,42778.303.90$5,567
Sep 2014970886.164.05$3,640
Aug 2014055389.394.04$2,231
Jul 201411,10396.564.18$4,707
Jun 201401,09398.164.74$5,177
May 2014083394.734.73$3,937
Apr 201401,05495.944.81$5,069
Mar 2014070995.895.06$3,585
Feb 201401,04597.406.19$6,471
Jan 2014081490.404.86$3,957
Dec 201301,05091.824.35$4,572
Nov 2013198688.853.74$3,775
Oct 201311,65097.423.78$6,333
Sep 201301,170104.113.72$4,350
Aug 201301,438104.253.52$5,066
Jul 201301,336102.523.72$4,967
Jun 201302,02594.403.93$7,965
May 201302,04194.834.15$8,468
Apr 201311,80593.964.28$7,824
Mar 201312,46393.623.91$9,731
Feb 201311,97091.233.42$6,828
Jan 201302,01291.603.42$6,881
Dec 201201,54586.773.42$5,284
Nov 201201,52286.953.62$5,517
Oct 201201,65789.383.40$5,633
Sep 201201,52494.672.92$4,448
Aug 201202,02492.662.91$5,886
Jul 201212,27485.133.02$6,954
Jun 201202,01079.822.52$5,063
May 201201,88491.612.49$4,688
Apr 201212,074101.652.00$4,243
Mar 201202,169105.052.22$4,820
Feb 201201,928101.102.57$4,955
Jan 201202,37898.092.73$6,502
Dec 201102,57096.873.24$8,326
Nov 201102,65295.723.31$8,782
Oct 201103,03084.983.65$11,055
Sep 201103,19083.623.99$12,715
Aug 201103,27883.404.15$13,601
Jul 201102,10194.144.52$9,491
Jun 201101,96192.904.64$9,099
May 201102,61298.134.40$11,505
Apr 201102,814105.964.33$12,194
Mar 201102,08196.364.06$8,443
Feb 201102,07785.644.18$8,682
Jan 201103,70686.504.59$17,006
Dec 201003,89785.734.35$16,943
Nov 201004,73980.843.80$17,986
Oct 201034,74278.103.51$16,873
Sep 201004,78672.633.98$19,046
Aug 201016,29273.684.42$27,880
Jul 201037,40672.554.74$35,296
Jun 201007,44370.364.91$36,548
May 2010310,31371.124.24$43,891
Apr 2010012,84681.694.12$52,960
Mar 2010217,70578.394.39$77,858
Feb 201017,77073.585.44$42,361
Jan 20101191,98074.365.96$20,658
Dec 200921,37371.445.48$7,672
Nov 200901,93874.593.75$7,270
Oct 2009294772.544.11$4,037
Sep 200908,00865.543.06$24,543
Aug 2009217,21667.423.22$55,545
Jul 2009923,52961.133.46$82,066
Jun 2009020,18566.163.90$78,621
May 2009020,01954.743.93$78,590
Apr 2009228,68546.773.59$103,001
Mar 200916746,71242.144.06$196,641
Feb 2009848,80432.814.63$226,371
Jan 200915264,63635.865.37$352,611
Dec 200818583,23837.105.98$504,389
Nov 200816498,52655.496.86$685,024
Oct 2008176119,22775.246.92$838,529
Sep 2008166135,798101.767.88$1,086,585
Aug 2008172166,721114.228.48$1,433,943
Jul 2008035,879131.0811.39$408,641

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                  374 Mcf  × $  3.05 =     $1,139

────────────────────────────────────────────────────
Month total                                   $1,139

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/243408 is the state's own key, not one this site invented.