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 247771District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Feb 2009 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
208
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 Gas112009-06-15191967
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
CondensateDisposition1,151 bbl$75,968
GasProduction1,579,722 Mcf$5,991,479
Total$6,067,448

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 27.1615, -99.1704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16146, -99.17043 · 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
12,725 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 12,725 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-505363442512,725 ftFeb 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 (208)

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

208 months

May 20260538106.413.05$1,639
Apr 2026060498.932.87$1,733
Mar 2026061989.753.15$1,950
Feb 2026061663.503.75$2,310
Jan 2026059959.138.00$4,791
Dec 2025062856.664.41$2,772
Nov 2025058758.593.93$2,305
Oct 2025063559.383.30$2,099
Sep 2025072262.743.08$2,222
Aug 2025075563.933.01$2,276
Jul 2025075766.743.32$2,510
Jun 2025059766.483.13$1,868
May 2025076360.553.23$2,466
Apr 2025075362.363.54$2,668
Mar 2025071967.704.27$3,069
Feb 2025069470.884.34$3,013
Jan 2025082074.324.28$3,509
Dec 2024064868.993.12$2,023
Nov 2024059669.052.20$1,310
Oct 2024065771.372.28$1,499
Sep 2024061369.612.36$1,449
Aug 2024063875.632.06$1,317
Jul 2024057579.932.15$1,234
Jun 2024054078.082.63$1,422
May 2024072378.812.20$1,589
Apr 2024064684.451.66$1,072
Mar 2024078880.301.55$1,218
Feb 2024071176.091.78$1,268
Jan 2024085973.023.30$2,833
Dec 2023082671.262.61$2,156
Nov 2023084777.892.81$2,378
Oct 2023085685.443.09$2,643
Sep 2023085089.042.74$2,325
Aug 2023094980.522.67$2,537
Jul 202301,00974.852.64$2,666
Jun 202301,04868.962.26$2,367
May 202301,25470.622.23$2,793
Apr 202301,25378.122.24$2,804
Mar 202301,04772.852.39$2,506
Feb 2023077575.112.47$1,911
Jan 2023096076.533.39$3,252
Dec 202201,55676.415.73$8,914
Nov 202202,24985.005.65$12,698
Oct 202202,43587.185.86$14,278
Sep 202201,31884.888.16$10,760
Aug 202201,47494.529.13$13,453
Jul 202201,594101.587.54$12,022
Jun 202202,058115.097.98$16,417
May 202202,695109.378.43$22,727
Apr 202202,713104.226.84$18,550
Mar 202201,542108.885.08$7,828
Feb 202201,79391.054.86$8,712
Jan 202202,08781.844.54$9,470
Dec 202102,02271.323.90$7,884
Nov 202102,31677.435.24$12,129
Oct 202102,62579.795.71$14,999
Sep 202102,79269.865.35$14,940
Aug 202102,77866.024.22$11,725
Jul 202103,07870.783.98$12,257
Jun 202103,07969.493.38$10,409
May 202101,60363.483.02$4,837
Apr 202101,73560.362.76$4,786
Mar 202102,00161.302.72$5,437
Feb 202102,33357.805.55$12,943
Jan 202102,50150.412.81$7,028
Dec 202002,98144.642.68$7,976
Nov 202003,18038.772.71$8,607
Oct 202003,67136.972.48$9,098
Sep 202003,25637.091.99$6,483
Aug 202001,75539.982.39$4,186
Jul 202001,28738.371.83$2,349
Jun 202001,27734.901.69$2,159
May 202001,47116.921.81$2,670
Apr 2020411,71114.751.80$3,692
Mar 202001,74330.341.86$3,235
Feb 202001,94849.881.98$3,858
Jan 202002,32757.252.09$4,874
Dec 201902,67159.012.30$6,155
Nov 201903,04955.302.75$8,387
Oct 201903,10453.472.42$7,507
Sep 201902,92755.052.66$7,778
Aug 201902,83653.112.30$6,535
Jul 201902,76356.272.46$6,797
Jun 201902,51252.782.49$6,258
May 201902,40058.482.74$6,577
Apr 201902,97862.632.75$8,192
Mar 201903,42656.803.06$10,491
Feb 201902,64250.852.79$7,377
Jan 201903,29346.033.23$10,630
Dec 201803,44446.594.19$14,415
Nov 201803,14552.934.24$13,326
Oct 201803,47861.443.40$11,819
Sep 201803,38459.543.11$10,517
Aug 201803,80159.403.07$11,656
Jul 201803,71965.142.93$10,904
Jun 201803,58560.183.08$11,031
May 201803,86265.382.90$11,203
Apr 201803,77463.842.90$10,948
Mar 201803,95161.222.79$11,011
Feb 201803,83361.782.77$10,603
Jan 201803,99162.874.01$16,001
Dec 201703,95257.272.92$11,546
Nov 201703,64455.423.12$11,363
Oct 201703,95149.292.98$11,789
Sep 201703,63547.523.09$11,222
Aug 201703,68645.373.00$11,074
Jul 2017056,97743.873.09$175,904
Jun 201704,07942.493.09$12,593
May 201704,23645.373.26$13,824
Apr 201704,26547.933.21$13,697
Mar 201704,62146.772.98$13,788
Feb 201704,79850.452.95$14,167
Jan 201704,90149.413.42$16,756
Dec 201604,43748.763.72$16,518
Nov 201604,32242.492.64$11,429
Oct 201604,48446.193.09$13,857
Sep 2016244,24741.553.10$14,166
Aug 201603,42041.442.92$10,001
Jul 201603,72641.622.92$10,896
Jun 201604,19945.352.69$11,278
May 201604,69442.521.99$9,346
Apr 201604,53936.561.99$9,037
Mar 2016173,75733.011.79$7,301
Feb 201604,24126.472.06$8,752
Jan 201654,75227.352.36$11,372
Dec 201504,69032.362.00$9,387
Nov 201504,58138.792.17$9,929
Oct 201504,60543.552.43$11,174
Sep 201564,66142.992.76$13,115
Aug 2015105,22640.162.87$15,413
Jul 201504,08448.152.95$12,028
Jun 201584,79856.152.88$14,281
May 201505,01755.212.96$14,827
Apr 2015235,44349.822.71$15,878
Mar 201506,03842.892.93$17,720
Feb 2015675,17944.662.98$18,406
Jan 201575,13143.433.10$16,213
Dec 201405,51454.693.59$19,803
Nov 201405,35470.464.25$22,764
Oct 201406,25078.303.90$24,381
Sep 201475,02086.164.05$20,911
Aug 201415,70189.394.04$23,094
Jul 201406,38796.564.18$26,695
Jun 201416,10898.164.74$29,031
May 201416,33394.734.73$30,028
Apr 201415,96795.944.81$28,792
Mar 201402,93095.895.06$14,816
Feb 2014745,93897.406.19$43,976
Jan 201426,17990.404.86$30,215
Dec 201316,07991.824.35$26,563
Nov 201326,62788.853.74$24,951
Oct 201317,49897.423.78$28,435
Sep 201304,103104.113.72$15,254
Aug 201313,513104.253.52$12,479
Jul 201325,109102.523.72$19,199
Jun 201357,03394.403.93$28,136
May 201326,00994.834.15$25,121
Apr 201305,77993.964.28$24,749
Mar 201327,83993.623.91$30,860
Feb 201307,70291.233.42$26,340
Jan 201308,67791.603.42$29,675
Dec 201202,37886.773.42$8,133
Nov 201211,81086.953.62$6,648
Oct 201201,58289.383.40$5,378
Sep 201201,62694.672.92$4,745
Aug 201216,88392.662.91$20,110
Jul 201217,57785.133.02$22,974
Jun 201207,33679.822.52$18,480
May 201207,22191.612.49$17,968
Apr 201237,616101.652.00$15,513
Mar 201218,473105.052.22$18,933
Feb 201207,256101.102.57$18,650
Jan 201208,29598.092.73$22,679
Dec 201118,72296.873.24$28,354
Nov 201108,23495.723.31$27,265
Oct 201109,02884.983.65$32,939
Sep 201109,55683.623.99$38,088
Aug 2011110,22483.404.15$42,506
Jul 201109,11794.144.52$41,184
Jun 201112810,40692.904.64$60,174
May 2011111,94098.134.40$52,692
Apr 2011010,868105.964.33$47,094
Mar 2011011,32096.364.06$45,929
Feb 2011010,60385.644.18$44,320
Jan 2011013,33786.504.59$61,201
Dec 2010011,84585.734.35$51,499
Nov 2010113,80980.843.80$52,491
Oct 2010215,89178.103.51$55,916
Sep 2010017,24772.633.98$68,634
Aug 2010020,48973.684.42$90,548
Jul 2010922,85572.554.74$108,905
Jun 2010025,93370.364.91$127,341
May 2010931,78871.124.24$135,269
Apr 2010039,12181.694.12$161,284
Mar 2010547,33878.394.39$208,143
Feb 2010628,10073.585.44$153,372
Jan 20108224,94374.365.96$154,860
Dec 2009626,05371.445.48$143,297
Nov 2009026,91874.593.75$100,983
Oct 200916928,74072.544.11$130,388
Sep 2009036,15165.543.06$110,794
Aug 2009452,65867.423.22$169,749
Jul 20093067,68061.133.46$236,311
Jun 200917266,71966.163.90$271,250
May 200916181,04554.743.93$326,976
Apr 20091170,65446.773.59$253,986
Mar 20092969,33042.144.06$282,633
Feb 2009617,71632.814.63$82,275

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                  538 Mcf  × $  3.05 =     $1,639

────────────────────────────────────────────────────
Month total                                   $1,639

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/247771 is the state's own key, not one this site invented.