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 250477District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
May 2009 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
205
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 Gas112009-09-14194186
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
CondensateDisposition54 bbl$4,793
GasProduction266,023 Mcf$1,013,311
Total$1,018,104

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 27.1819, -99.1733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18190, -99.17331 · 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
12,410 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 12,410 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-505363432412,410 ftMay 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 (205)

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

205 months

May 20260118106.413.05$359
Apr 2026013398.932.87$382
Mar 2026013889.753.15$435
Feb 2026010963.503.75$409
Jan 202608859.138.00$704
Dec 202508356.664.41$366
Nov 2025014558.593.93$569
Oct 2025012259.383.30$403
Sep 2025010562.743.08$323
Aug 202508563.933.01$256
Jul 2025020166.743.32$666
Jun 20250066.483.13$0
May 202509860.553.23$317
Apr 2025029162.363.54$1,031
Mar 2025030467.704.27$1,298
Feb 2025024670.884.34$1,068
Jan 2025025774.324.28$1,100
Dec 2024028668.993.12$893
Nov 2024050869.052.20$1,117
Oct 2024058471.372.28$1,332
Sep 2024020669.612.36$487
Aug 2024023975.632.06$493
Jul 2024014479.932.15$309
Jun 2024020478.082.63$537
May 2024033978.812.20$745
Apr 2024056584.451.66$937
Mar 2024017980.301.55$277
Feb 2024030676.091.78$546
Jan 2024035073.023.30$1,154
Dec 2023042171.262.61$1,099
Nov 2023033977.892.81$952
Oct 2023026985.443.09$830
Sep 2023012289.042.74$334
Aug 2023012980.522.67$345
Jul 202306574.852.64$172
Jun 2023011768.962.26$264
May 2023024670.622.23$548
Apr 2023025778.122.24$575
Mar 2023031372.852.39$749
Feb 2023044175.112.47$1,087
Jan 2023045076.533.39$1,524
Dec 2022044276.415.73$2,532
Nov 2022039085.005.65$2,202
Oct 2022029487.185.86$1,724
Sep 2022029584.888.16$2,408
Aug 2022027094.529.13$2,464
Jul 20220299101.587.54$2,255
Jun 20220284115.097.98$2,266
May 20220310109.378.43$2,614
Apr 20220368104.226.84$2,516
Mar 20220321108.885.08$1,630
Feb 2022025791.054.86$1,249
Jan 2022030681.844.54$1,389
Dec 2021034671.323.90$1,349
Nov 2021023277.435.24$1,215
Oct 2021024579.795.71$1,400
Sep 2021028069.865.35$1,498
Aug 2021031166.024.22$1,313
Jul 2021022970.783.98$912
Jun 2021017269.493.38$581
May 2021016263.483.02$489
Apr 2021026460.362.76$728
Mar 2021018861.302.72$511
Feb 2021021057.805.55$1,165
Jan 2021031150.412.81$874
Dec 2020026144.642.68$698
Nov 2020022238.772.71$601
Oct 2020028736.972.48$711
Sep 2020027937.091.99$556
Aug 2020030039.982.39$716
Jul 2020025238.371.83$460
Jun 2020021334.901.69$360
May 2020027416.921.81$497
Apr 2020030114.751.80$543
Mar 2020032630.341.86$605
Feb 2020021649.881.98$428
Jan 2020021257.252.09$444
Dec 2019019159.012.30$440
Nov 2019026355.302.75$723
Oct 2019027653.472.42$668
Sep 2019033355.052.66$885
Aug 2019027253.112.30$627
Jul 2019029856.272.46$733
Jun 2019031352.782.49$780
May 2019036758.482.74$1,006
Apr 2019031262.632.75$858
Mar 2019031756.803.06$971
Feb 2019019350.852.79$539
Jan 2019029546.033.23$952
Dec 2018022846.594.19$954
Nov 2018021652.934.24$915
Oct 2018022061.443.40$748
Sep 2018026159.543.11$811
Aug 2018031459.403.07$963
Jul 2018026665.142.93$780
Jun 2018032960.183.08$1,012
May 2018048965.382.90$1,418
Apr 2018047363.842.90$1,372
Mar 2018053261.222.79$1,483
Feb 2018051761.782.77$1,430
Jan 2018054962.874.01$2,201
Dec 2017058157.272.92$1,697
Nov 2017055455.423.12$1,728
Oct 2017057249.292.98$1,707
Sep 2017055947.523.09$1,726
Aug 2017054945.373.00$1,649
Jul 201704143.873.09$127
Jun 2017057342.493.09$1,769
May 2017058345.373.26$1,903
Apr 2017056247.933.21$1,805
Mar 2017061346.772.98$1,829
Feb 2017058550.452.95$1,727
Jan 2017064849.413.42$2,215
Dec 2016060448.763.72$2,249
Nov 2016056842.492.64$1,502
Oct 2016065746.193.09$2,030
Sep 2016061841.553.10$1,916
Aug 2016058041.442.92$1,696
Jul 2016057241.622.92$1,673
Jun 2016065445.352.69$1,757
May 2016060142.521.99$1,197
Apr 2016022136.561.99$440
Mar 2016068233.011.79$1,224
Feb 2016062926.472.06$1,298
Jan 2016070627.352.36$1,669
Dec 2015066032.362.00$1,321
Nov 2015066038.792.17$1,430
Oct 2015074443.552.43$1,805
Sep 2015068242.992.76$1,881
Aug 2015089540.162.87$2,571
Jul 2015096248.152.95$2,833
Jun 2015091556.152.88$2,638
May 2015091855.212.96$2,713
Apr 2015092949.822.71$2,514
Mar 201501,26242.892.93$3,704
Feb 201502,03044.662.98$6,042
Jan 201501,82143.433.10$5,646
Dec 201402,45654.693.59$8,820
Nov 201401,25070.464.25$5,315
Oct 201401,34578.303.90$5,247
Sep 201401,21386.164.05$4,907
Aug 20140089.394.04$0
Jul 201401,26396.564.18$5,279
Jun 201401,23998.164.74$5,869
May 201401,25994.734.73$5,951
Apr 201411,31795.944.81$6,430
Mar 201401,33995.895.06$6,771
Feb 201401,38597.406.19$8,576
Jan 201411,35290.404.86$6,662
Dec 201301,30291.824.35$5,670
Nov 201311,28188.853.74$4,878
Oct 201301,12597.423.78$4,252
Sep 201301,321104.113.72$4,911
Aug 201301,431104.253.52$5,041
Jul 201301,440102.523.72$5,354
Jun 201311,52694.403.93$6,097
May 201311,46894.834.15$6,186
Apr 201311,52293.964.28$6,612
Mar 201311,71493.623.91$6,800
Feb 201311,54091.233.42$5,358
Jan 201301,64091.603.42$5,609
Dec 201211,61286.773.42$5,600
Nov 201211,76486.953.62$6,481
Oct 201201,90589.383.40$6,476
Sep 201201,69894.672.92$4,955
Aug 201201,70392.662.91$4,953
Jul 201211,90685.133.02$5,843
Jun 201201,88279.822.52$4,741
May 201202,00291.612.49$4,982
Apr 201221,978101.652.00$4,153
Mar 2012182,075105.052.22$6,502
Feb 201201,992101.102.57$5,120
Jan 201202,14298.092.73$5,856
Dec 201102,23196.873.24$7,228
Nov 201102,24195.723.31$7,421
Oct 201102,34184.983.65$8,541
Sep 201102,46883.623.99$9,837
Aug 201102,58983.404.15$10,743
Jul 201102,42494.144.52$10,950
Jun 201102,60392.904.64$12,078
May 201102,77698.134.40$12,228
Apr 201102,722105.964.33$11,795
Mar 201102,94896.364.06$11,961
Feb 201102,75685.644.18$11,520
Jan 201103,31586.504.59$15,212
Dec 201002,62085.734.35$11,391
Nov 201003,10880.843.80$11,796
Oct 201033,31278.103.51$11,856
Sep 201003,27572.633.98$13,033
Aug 201003,35573.684.42$14,827
Jul 201033,52272.554.74$16,900
Jun 201003,56370.364.91$17,496
May 201033,88671.124.24$16,671
Apr 201003,67981.694.12$15,167
Mar 201023,54178.394.39$15,697
Feb 201033,67273.585.44$20,205
Jan 201034,82474.365.96$28,994
Dec 200945,07471.445.48$28,110
Nov 200904,99874.593.75$18,750
Oct 200925,60372.544.11$23,175
Sep 200905,51565.543.06$16,902
Aug 200906,20267.423.22$19,961
Jul 200905,54561.133.46$19,211
Jun 200905,71666.163.90$22,264
May 2009044,86754.743.93$176,137

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                  118 Mcf  × $  3.05 =       $359

────────────────────────────────────────────────────
Month total                                     $359

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/250477 is the state's own key, not one this site invented.