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 245179District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jan 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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 Gas112009-05-13190842
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
CondensateDisposition149 bbl$8,920
GasProduction1,342,498 Mcf$5,036,079
Total$5,044,998

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 27.1730, -99.1710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.17298, -99.17095 · 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
12,700 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 12,700 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-505360832012,700 ftJan 2009

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 (209)

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

209 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202102,79279.795.71$15,953
Sep 202103,69369.865.35$19,761
Aug 202104,01066.024.22$16,925
Jul 202103,74370.783.98$14,905
Jun 202103,82869.493.38$12,941
May 202103,88863.483.02$11,733
Apr 202103,96560.362.76$10,937
Mar 202103,94961.302.72$10,729
Feb 202103,71257.805.55$20,594
Jan 202104,19250.412.81$11,781
Dec 202003,65944.642.68$9,790
Nov 202003,43238.772.71$9,289
Oct 202003,91136.972.48$9,693
Sep 202003,96537.091.99$7,894
Aug 202004,06539.982.39$9,695
Jul 202003,86338.371.83$7,050
Jun 202003,80934.901.69$6,438
May 202004,10716.921.81$7,453
Apr 202003,84414.751.80$6,936
Mar 202004,07030.341.86$7,555
Feb 202003,82849.881.98$7,582
Jan 202004,07257.252.09$8,530
Dec 201903,83659.012.30$8,840
Nov 201903,77455.302.75$10,381
Oct 201904,15553.472.42$10,049
Sep 201903,99155.052.66$10,605
Aug 201904,03153.112.30$9,289
Jul 201904,09956.272.46$10,084
Jun 201903,88452.782.49$9,676
May 201904,14158.482.74$11,348
Apr 201904,06262.632.75$11,173
Mar 201904,24656.803.06$13,002
Feb 201903,59850.852.79$10,046
Jan 201904,25146.033.23$13,723
Dec 201804,38846.594.19$18,366
Nov 201804,35252.934.24$18,440
Oct 201803,77761.443.40$12,835
Sep 201803,90459.543.11$12,134
Aug 201803,37059.403.07$10,334
Jul 201803,67465.142.93$10,772
Jun 201803,45260.183.08$10,622
May 201804,39865.382.90$12,758
Apr 201804,51863.842.90$13,106
Mar 201804,68461.222.79$13,054
Feb 201804,01661.782.77$11,109
Jan 201804,86462.874.01$19,501
Dec 201704,83357.272.92$14,120
Nov 201704,64455.423.12$14,482
Oct 201704,68049.292.98$13,964
Sep 201704,67247.523.09$14,424
Aug 201704,87845.373.00$14,655
Jul 2017036143.873.09$1,115
Jun 201704,93942.493.09$15,248
May 201704,91845.373.26$16,049
Apr 201704,89647.933.21$15,724
Mar 201704,91246.772.98$14,656
Feb 201704,04250.452.95$11,934
Jan 201704,61249.413.42$15,768
Dec 201604,05048.763.72$15,077
Nov 201603,74442.492.64$9,900
Oct 201603,91946.193.09$12,111
Sep 201604,90741.553.10$15,215
Aug 201605,45741.442.92$15,958
Jul 201605,92841.622.92$17,335
Jun 201605,25745.352.69$14,119
May 201605,99642.521.99$11,938
Apr 201605,17236.561.99$10,298
Mar 201605,54433.011.79$9,946
Feb 201605,11626.472.06$10,558
Jan 201624,95827.352.36$11,777
Dec 201505,02332.362.00$10,053
Nov 201505,10638.792.17$11,066
Oct 201505,57443.552.43$13,526
Sep 201515,99442.992.76$16,577
Aug 201516,29040.162.87$18,108
Jul 201505,67048.152.95$16,699
Jun 201525,22156.152.88$15,164
May 201505,17455.212.96$15,292
Apr 201565,39749.822.71$14,906
Mar 201505,89242.892.93$17,291
Feb 201525,27144.662.98$15,777
Jan 201575,92443.433.10$18,672
Dec 201406,29654.693.59$22,611
Nov 201406,17570.464.25$26,255
Oct 201407,37678.303.90$28,773
Sep 201406,73186.164.05$27,230
Aug 20140089.394.04$0
Jul 201406,66596.564.18$27,857
Jun 201416,53398.164.74$31,044
May 201406,85894.734.73$32,415
Apr 201416,55895.944.81$31,634
Mar 201406,53695.895.06$33,051
Feb 201406,32197.406.19$39,140
Jan 201417,60990.404.86$37,076
Dec 201308,47391.824.35$36,896
Nov 201316,95988.853.74$26,104
Oct 201327,52797.423.78$28,642
Sep 201307,497104.113.72$27,872
Aug 201307,351104.253.52$25,895
Jul 201307,456102.523.72$27,719
Jun 201347,24594.403.93$28,875
May 201328,10494.834.15$33,814
Apr 201307,65993.964.28$32,800
Mar 201337,65993.623.91$30,250
Feb 201337,03691.233.42$24,336
Jan 201318,32991.603.42$28,576
Dec 201218,04286.773.42$27,592
Nov 201208,05886.953.62$29,210
Oct 201208,47189.383.40$28,799
Sep 201208,58094.672.92$25,040
Aug 201208,68692.662.91$25,260
Jul 201219,32685.133.02$28,257
Jun 201208,90679.822.52$22,435
May 2012011,11591.612.49$27,658
Apr 2012013,700101.652.00$27,356
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201208,92898.092.73$24,410
Dec 2011010,14796.873.24$32,874
Nov 2011010,56795.723.31$34,990
Oct 2011010,92984.983.65$39,875
Sep 2011010,38083.623.99$41,373
Aug 2011011,24283.404.15$46,647
Jul 2011010,98094.144.52$49,599
Jun 2011011,17992.904.64$51,869
May 2011012,17898.134.40$53,642
Apr 2011011,779105.964.33$51,042
Mar 2011012,65996.364.06$51,362
Feb 2011011,79385.644.18$49,295
Jan 2011013,37286.504.59$61,361
Dec 2010013,45785.734.35$58,508
Nov 2010114,16480.843.80$53,838
Oct 2010014,26178.103.51$50,040
Sep 2010014,04372.633.98$55,884
Aug 2010414,83573.684.42$65,856
Jul 2010716,03872.554.74$76,472
Jun 2010016,22970.364.91$79,691
May 2010617,46171.124.24$74,378
Apr 2010017,85581.694.12$73,611
Mar 2010320,12578.394.39$88,557
Feb 2010518,14973.585.44$99,141
Jan 2010518,42774.365.96$110,272
Dec 2009519,21071.445.48$105,700
Nov 2009020,57374.593.75$77,180
Oct 2009422,67272.544.11$93,478
Sep 2009021,27265.543.06$65,193
Aug 2009323,98767.423.22$77,404
Jul 20091826,49761.133.46$92,899
Jun 2009028,58066.163.90$111,319
May 2009033,81654.743.93$132,753
Apr 2009839,53246.773.59$142,195
Mar 20091855,16342.144.06$224,665
Feb 20092070,48032.814.63$327,190
Jan 2009028,86935.865.37$155,055

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.

Oct 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.79 =         $0
Gas                2,792 Mcf  × $  5.71 =    $15,953

────────────────────────────────────────────────────
Month total                                  $15,953

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/245179 is the state's own key, not one this site invented.