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LAUREL-LAS OVEJAS-STATE GAS UNIT

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 251566District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Sep 2009 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
201
no gaps in the span
Streams
2
condensate, gas

The JENNINGS RANCH (LOBO CONS.) field

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 Gas112011-02-14201334
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
CondensateDisposition30 bbl$1,367
GasProduction782,262 Mcf$2,933,812
Total$2,935,180

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 27.1839, -99.1453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18388, -99.14529 · 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
12,006 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 12,006 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-50536376112,006 ftSep 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 (201)

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

201 months

May 202601,011106.413.05$3,079
Apr 202601,09898.932.87$3,151
Mar 202601,14689.753.15$3,609
Feb 202601,19263.503.75$4,470
Jan 202601,49159.138.00$11,925
Dec 202501,56056.664.41$6,885
Nov 202501,47458.593.93$5,788
Oct 202501,22259.383.30$4,039
Sep 202501,50062.743.08$4,615
Aug 202501,28663.933.01$3,877
Jul 202501,29466.743.32$4,290
Jun 202501,21666.483.13$3,805
May 202501,35560.553.23$4,380
Apr 202501,55662.363.54$5,513
Mar 202501,28267.704.27$5,472
Feb 202501,29570.884.34$5,621
Jan 202501,41574.324.28$6,054
Dec 202401,15368.993.12$3,599
Nov 202401,51269.052.20$3,324
Oct 202401,45171.372.28$3,310
Sep 202401,22869.612.36$2,903
Aug 202401,42375.632.06$2,937
Jul 202401,31379.932.15$2,818
Jun 202401,34678.082.63$3,545
May 202401,50278.812.20$3,302
Apr 202401,51284.451.66$2,509
Mar 202401,45980.301.55$2,254
Feb 202401,47476.091.78$2,629
Jan 202401,58273.023.30$5,217
Dec 202301,63571.262.61$4,269
Nov 202301,75277.892.81$4,919
Oct 202301,60985.443.09$4,967
Sep 202301,66889.042.74$4,562
Aug 202302,07780.522.67$5,552
Jul 202301,69974.852.64$4,488
Jun 202301,72968.962.26$3,905
May 202302,07770.622.23$4,626
Apr 202302,01378.122.24$4,505
Mar 202301,69972.852.39$4,066
Feb 202301,02075.112.47$2,515
Jan 202301,41876.533.39$4,804
Dec 202201,57976.415.73$9,046
Nov 202201,51485.005.65$8,548
Oct 202201,42087.185.86$8,327
Sep 202201,45184.888.16$11,846
Aug 202201,54494.529.13$14,092
Jul 202201,496101.587.54$11,283
Jun 202201,416115.097.98$11,296
May 202201,516109.378.43$12,784
Apr 202201,580104.226.84$10,803
Mar 202201,668108.885.08$8,467
Feb 202201,58391.054.86$7,692
Jan 202201,78581.844.54$8,100
Dec 202101,46871.323.90$5,724
Nov 202101,46477.435.24$7,667
Oct 202101,75179.795.71$10,005
Sep 202101,59069.865.35$8,508
Aug 202101,67266.024.22$7,057
Jul 202101,54170.783.98$6,136
Jun 202101,48269.493.38$5,010
May 202101,51863.483.02$4,581
Apr 202101,42860.362.76$3,939
Mar 202101,60561.302.72$4,361
Feb 202101,43257.805.55$7,945
Jan 202101,72450.412.81$4,845
Dec 202001,75144.642.68$4,685
Nov 202001,81338.772.71$4,907
Oct 202001,91936.972.48$4,756
Sep 202001,83437.091.99$3,652
Aug 202001,52639.982.39$3,640
Jul 202001,46338.371.83$2,670
Jun 202001,44234.901.69$2,437
May 202001,84616.921.81$3,350
Apr 202011,58614.751.80$2,877
Mar 202001,90830.341.86$3,542
Feb 202001,67849.881.98$3,324
Jan 202002,03357.252.09$4,259
Dec 201902,05259.012.30$4,729
Nov 201901,63455.302.75$4,495
Oct 201901,34953.472.42$3,263
Sep 201901,29655.052.66$3,444
Aug 201901,54553.112.30$3,560
Jul 201901,38856.272.46$3,415
Jun 201901,63152.782.49$4,063
May 201901,63158.482.74$4,469
Apr 201901,65262.632.75$4,544
Mar 201901,78356.803.06$5,460
Feb 201901,21050.852.79$3,379
Jan 201901,44946.033.23$4,678
Dec 201801,47546.594.19$6,174
Nov 201801,46452.934.24$6,203
Oct 201801,54761.443.40$5,257
Sep 201801,52159.543.11$4,727
Aug 201802,00259.403.07$6,139
Jul 201802,03265.142.93$5,958
Jun 201801,89860.183.08$5,840
May 201802,17665.382.90$6,312
Apr 201802,24163.842.90$6,501
Mar 201802,42961.222.79$6,769
Feb 201801,92561.782.77$5,325
Jan 201802,18862.874.01$8,772
Dec 201702,36357.272.92$6,904
Nov 201702,28355.423.12$7,119
Oct 201702,21049.292.98$6,594
Sep 201702,03547.523.09$6,283
Aug 201702,23845.373.00$6,724
Jul 2017016143.873.09$497
Jun 201702,35242.493.09$7,261
May 201702,19345.373.26$7,157
Apr 201702,37147.933.21$7,615
Mar 201702,74346.772.98$8,184
Feb 201702,85450.452.95$8,427
Jan 201702,46849.413.42$8,438
Dec 201602,43848.763.72$9,076
Nov 201602,37642.492.64$6,283
Oct 201602,39346.193.09$7,395
Sep 201612,39541.553.10$7,468
Aug 201602,43841.442.92$7,130
Jul 201602,70741.622.92$7,916
Jun 201602,27745.352.69$6,116
May 201602,61242.521.99$5,201
Apr 201602,20936.561.99$4,398
Mar 201622,15233.011.79$3,927
Feb 201602,29726.472.06$4,740
Jan 201622,62927.352.36$6,271
Dec 201502,72932.362.00$5,462
Nov 201502,36638.792.17$5,128
Oct 201502,76843.552.43$6,717
Sep 201512,48742.992.76$6,903
Aug 201512,74940.162.87$7,937
Jul 201502,47048.152.95$7,274
Jun 201542,78856.152.88$8,262
May 201502,77955.212.96$8,213
Apr 201572,84749.822.71$8,054
Mar 201502,86942.892.93$8,420
Feb 201533,01744.662.98$9,113
Jan 201573,46143.433.10$11,035
Dec 201403,70054.693.59$13,288
Nov 201404,11470.464.25$17,492
Oct 201405,24078.303.90$20,441
Sep 201401,25986.164.05$5,093
Aug 20140089.394.04$0
Jul 201402,56896.564.18$10,733
Jun 201403,13398.164.74$14,841
May 201403,33494.734.73$15,758
Apr 201413,50895.944.81$16,966
Mar 201403,59895.895.06$18,194
Feb 201403,55697.406.19$22,019
Jan 201403,20890.404.86$15,593
Dec 201303,06591.824.35$13,346
Nov 201303,31588.853.74$12,392
Oct 201303,70497.423.78$13,999
Sep 201303,599104.113.72$13,380
Aug 201303,504104.253.52$12,343
Jul 201303,629102.523.72$13,492
Jun 201303,93994.403.93$15,494
May 201304,42694.834.15$18,364
Apr 201304,17993.964.28$17,897
Mar 201304,15893.623.91$16,270
Feb 201303,53991.233.42$12,103
Jan 201304,09391.603.42$13,998
Dec 201204,30886.773.42$14,734
Nov 201204,39886.953.62$15,943
Oct 201204,66589.383.40$15,860
Sep 201204,70794.672.92$13,737
Aug 201204,96192.662.91$14,427
Jul 201205,16785.133.02$15,608
Jun 201204,99279.822.52$12,575
May 201205,25091.612.49$13,064
Apr 201205,219101.652.00$10,421
Mar 201205,474105.052.22$12,164
Feb 201205,025101.102.57$12,915
Jan 201205,76598.092.73$15,762
Dec 201105,83296.873.24$18,894
Nov 201105,79795.723.31$19,195
Oct 201105,89684.983.65$21,512
Sep 201106,26983.623.99$24,987
Aug 201106,75283.404.15$28,016
Jul 201106,44994.144.52$29,132
Jun 201106,54692.904.64$30,373
May 201107,26998.134.40$32,019
Apr 201107,078105.964.33$30,671
Mar 201107,68696.364.06$31,185
Feb 201107,23185.644.18$30,225
Jan 201108,10086.504.59$37,169
Dec 201008,60185.734.35$37,395
Nov 201009,34680.843.80$35,471
Oct 201009,59978.103.51$33,682
Sep 201009,17172.633.98$36,496
Aug 2010010,05773.684.42$44,446
Jul 2010010,91072.554.74$51,675
Jun 2010011,57270.364.91$56,823
May 2010013,17571.124.24$55,799
Apr 2010014,23081.694.12$58,666
Mar 2010017,53878.394.39$76,968
Feb 2010017,10473.585.44$93,086
Jan 2010018,97774.365.96$113,181
Dec 2009022,34471.445.48$122,529
Nov 2009023,38974.593.75$87,744
Oct 2009038,83772.544.11$159,630
Sep 2009076,39665.543.06$234,135

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                1,011 Mcf  × $  3.05 =     $3,079

────────────────────────────────────────────────────
Month total                                   $3,079

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/251566 is the state's own key, not one this site invented.