LAUREL, ANGEL
LAUREL, ANGEL is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Thorp Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 1999 to August 2026, totalling 1,724,576 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $392K, with roughly $63K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,264 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 5,667 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LAUREL, ANGEL
- Who operates LAUREL, ANGEL?
- LAUREL, ANGEL is operated by Thorp Petroleum Corporation, Railroad Commission of Texas operator number 857119.
- Where is LAUREL, ANGEL?
- LAUREL, ANGEL is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 174908.
- Is LAUREL, ANGEL still producing?
- LAUREL, ANGEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAUREL, ANGEL is August 2026.
- How much has LAUREL, ANGEL produced?
- LAUREL, ANGEL has reported 1,724,576 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1999 and August 2026, from 1 wellbore.
- How much is LAUREL, ANGEL worth?
- The remaining production from LAUREL, ANGEL is estimated to be worth about $392K in total as of 26 August 2026, within a range of $326K to $459K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAUREL, ANGEL is a fraction of it. The estimate fits an Arps decline curve to the production LAUREL, ANGEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAUREL, ANGEL is an estimate of value, not an offer and not an appraisal.
- How much income does LAUREL, ANGEL generate in a year?
- LAUREL, ANGEL is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAUREL, ANGEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thorp Petroleum Corporation |
|---|---|
| Field | Cuba Libre (3RD Hinnant) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 174908 |
| Wellbores | 1 |
| Reported production | 1,724,576 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $392K |
Where LAUREL, ANGEL sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.