LAUREL, P.
LAUREL, P. is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Transtexas Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 754,505 thousand cubic feet. The lease is intermittent. 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 $18K, with roughly $2K 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 45 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 1,629 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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, P.
- Who operates LAUREL, P.?
- LAUREL, P. is operated by Transtexas Gas Corporation, Railroad Commission of Texas operator number 864889.
- Where is LAUREL, P.?
- LAUREL, P. is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 158347.
- Is LAUREL, P. still producing?
- LAUREL, P. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LAUREL, P. is August 2026.
- How much has LAUREL, P. produced?
- LAUREL, P. has reported 754,505 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1996 and August 2026, from 1 wellbore.
- How much is LAUREL, P. worth?
- The remaining production from LAUREL, P. is estimated to be worth about $18K in total as of 26 August 2026, within a range of $10K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAUREL, P. is a fraction of it. The estimate fits an Arps decline curve to the production LAUREL, P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAUREL, P. is an estimate of value, not an offer and not an appraisal.
- How much income does LAUREL, P. generate in a year?
- LAUREL, P. is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAUREL, P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Transtexas Gas Corporation |
|---|---|
| Field | Cuba Libre, Deep (Wilcox) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 158347 |
| Wellbores | 1 |
| Reported production | 754,505 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where LAUREL, P. 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.