BMT

Name: BMT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the B.M.T. (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125692District 04Field 047892372 tax incentive programmesCondensateGasSave Export

Value, all time

$2.3 M

Jan 1993 – Sep 2018

Value, last 12 filed months

at the published price for each month

Months reported

309

no gaps in the span

Streams

condensate, gas

The B.M.T. (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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered

1998-10-21

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	2	2	2003-03-28 – 2005-08-17	2 dockets
NGPA	3	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,583 bbl	$67,087
Gas	Production	1,415,754 Mcf	$2,203,644
Total			$2,270,730

809,862 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.4237, -99.1695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42371, -99.16947 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

11,300 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

1100.0%

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.

00.0%

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 11,300 ft.

Completions filed

Aug 2017

1 of 1 wells

1 well


42-47934574	23	11,300 ft	Aug 2017	—	Yes

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 (309)

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

309 months


Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	1	398	45.37	3.00	$1,241
Jul 2017	4	551	43.87	3.09	$1,877
Jun 2017	0	500	42.49	3.09	$1,544
May 2017	0	468	45.37	3.26	$1,527
Apr 2017	0	345	47.93	3.21	$1,108
Mar 2017	0	247	46.77	2.98	$737
Feb 2017	12	222	50.45	2.95	$1,261
Jan 2017	41	503	49.41	3.42	$3,745
Dec 2016	33	566	48.76	3.72	$3,716
Nov 2016	28	161	42.49	2.64	$1,615
Oct 2016	37	186	46.19	3.09	$2,284
Sep 2016	20	253	41.55	3.10	$1,615
Aug 2016	26	559	41.44	2.92	$2,712
Jul 2016	20	344	41.62	2.92	$1,838
Jun 2016	40	569	45.35	2.69	$3,342
May 2016	22	673	42.52	1.99	$2,275
Apr 2016	47	180	36.56	1.99	$2,077
Mar 2016	35	333	33.01	1.79	$1,753
Feb 2016	35	365	26.47	2.06	$1,680
Jan 2016	6	457	27.35	2.36	$1,245
Dec 2015	0	634	32.36	2.00	$1,269
Nov 2015	0	192	38.79	2.17	$416
Oct 2015	0	350	43.55	2.43	$849
Sep 2015	0	580	42.99	2.76	$1,600
Aug 2015	0	192	40.16	2.87	$552
Jul 2015	0	418	48.15	2.95	$1,231
Jun 2015	0	577	56.15	2.88	$1,663
May 2015	0	344	55.21	2.96	$1,017
Apr 2015	0	565	49.82	2.71	$1,529
Mar 2015	0	253	42.89	2.93	$742
Feb 2015	0	297	44.66	2.98	$884
Jan 2015	0	767	43.43	3.10	$2,378
Dec 2014	0	261	54.69	3.59	$937
Nov 2014	0	393	70.46	4.25	$1,671
Oct 2014	0	461	78.30	3.90	$1,798
Sep 2014	0	576	86.16	4.05	$2,330
Aug 2014	0	245	89.39	4.04	$989
Jul 2014	0	192	96.56	4.18	$802
Jun 2014	0	308	98.16	4.74	$1,459
May 2014	0	413	94.73	4.73	$1,952
Apr 2014	0	201	95.94	4.81	$967
Mar 2014	0	610	95.89	5.06	$3,085
Feb 2014	0	175	97.40	6.19	$1,084
Jan 2014	0	204	90.40	4.86	$992
Dec 2013	0	181	91.82	4.35	$788
Nov 2013	0	412	88.85	3.74	$1,540
Oct 2013	0	170	97.42	3.78	$642
Sep 2013	0	199	104.11	3.72	$740
Aug 2013	0	53	104.25	3.52	$187
Jul 2013	0	298	102.52	3.72	$1,108
Jun 2013	0	233	94.40	3.93	$916
May 2013	0	353	94.83	4.15	$1,465
Apr 2013	0	176	93.96	4.28	$754
Mar 2013	0	429	93.62	3.91	$1,679
Feb 2013	0	185	91.23	3.42	$633
Jan 2013	0	201	91.60	3.42	$687
Dec 2012	0	258	86.77	3.42	$882
Nov 2012	0	729	86.95	3.62	$2,643
Oct 2012	0	294	89.38	3.40	$1,000
Sep 2012	0	350	94.67	2.92	$1,021
Aug 2012	0	353	92.66	2.91	$1,027
Jul 2012	0	250	85.13	3.02	$755
Jun 2012	0	442	79.82	2.52	$1,113
May 2012	0	417	91.61	2.49	$1,038
Apr 2012	0	305	101.65	2.00	$609
Mar 2012	0	432	105.05	2.22	$960
Feb 2012	0	237	101.10	2.57	$609
Jan 2012	0	377	98.09	2.73	$1,031
Dec 2011	0	388	96.87	3.24	$1,257
Nov 2011	0	218	95.72	3.31	$722
Oct 2011	0	388	84.98	3.65	$1,416
Sep 2011	0	212	83.62	3.99	$845
Aug 2011	0	399	83.40	4.15	$1,656
Jul 2011	0	390	94.14	4.52	$1,762
Jun 2011	0	190	92.90	4.64	$882
May 2011	0	379	98.13	4.40	$1,669
Apr 2011	0	172	105.96	4.33	$745
Mar 2011	0	368	96.36	4.06	$1,493
Feb 2011	0	175	85.64	4.18	$732
Jan 2011	0	205	86.50	4.59	$941
Dec 2010	0	375	85.73	4.35	$1,630
Nov 2010	0	314	80.84	3.80	$1,192
Oct 2010	0	495	78.10	3.51	$1,737
Sep 2010	0	248	72.63	3.98	$987
Aug 2010	0	439	73.68	4.42	$1,940
Jul 2010	0	385	72.55	4.74	$1,824
Jun 2010	0	383	70.36	4.91	$1,881
May 2010	0	215	71.12	4.24	$911
Apr 2010	0	282	81.69	4.12	$1,163
Mar 2010	0	487	78.39	4.39	$2,137
Feb 2010	0	489	73.58	5.44	$2,661
Jan 2010	0	575	74.36	5.96	$3,429
Dec 2009	0	841	71.44	5.48	$4,612
Nov 2009	0	845	74.59	3.75	$3,170
Oct 2009	0	601	72.54	4.11	$2,470
Sep 2009	0	1,048	65.54	3.06	$3,212
Aug 2009	0	385	67.42	3.22	$1,239
Jul 2009	0	607	61.13	3.46	$2,103
Jun 2009	0	636	66.16	3.90	$2,477
May 2009	0	503	54.74	3.93	$1,975
Apr 2009	0	763	46.77	3.59	$2,737
Mar 2009	0	563	42.14	4.06	$2,285
Feb 2009	0	593	32.81	4.63	$2,747
Jan 2009	0	1,079	35.86	5.37	$5,795
Dec 2008	0	1,195	37.10	5.98	$7,143
Nov 2008	0	953	55.49	6.86	$6,538
Oct 2008	0	627	75.24	6.92	$4,340
Sep 2008	0	821	101.76	7.88	$6,467
Aug 2008	0	909	114.22	8.48	$7,711
Jul 2008	0	677	131.08	11.39	$7,711
Jun 2008	0	679	131.33	13.03	$8,849
May 2008	0	908	123.17	11.57	$10,509
Apr 2008	0	754	110.31	10.45	$7,883
Mar 2008	0	936	101.90	9.66	$9,046
Feb 2008	0	733	92.53	8.77	$6,429
Jan 2008	0	985	90.38	8.21	$8,083
Dec 2007	0	822	88.33	7.30	$6,002
Nov 2007	0	821	91.67	7.29	$5,986
Oct 2007	0	979	82.85	6.92	$6,777
Sep 2007	0	797	75.84	6.24	$4,977
Aug 2007	0	1,055	69.06	6.39	$6,739
Jul 2007	0	899	70.90	6.39	$5,743
Jun 2007	0	965	62.00	7.55	$7,284
May 2007	0	1,000	58.74	7.85	$7,846
Apr 2007	0	863	59.61	7.81	$6,736
Mar 2007	0	901	56.92	7.30	$6,579
Feb 2007	0	889	55.10	8.22	$7,304
Jan 2007	0	1,173	50.30	6.73	$7,891
Dec 2006	1	1,109	56.65	6.92	$7,729
Nov 2006	25	752	54.20	7.62	$7,083
Oct 2006	28	945	54.90	6.01	$7,220
Sep 2006	25	881	60.08	5.04	$5,940
Aug 2006	28	961	68.71	7.34	$8,978
Jul 2006	2	968	69.37	6.34	$6,279
Jun 2006	2	919	66.28	6.38	$5,999
May 2006	3	1,088	66.01	6.42	$7,188
Apr 2006	2	898	64.39	7.36	$6,738
Mar 2006	3	1,082	56.70	7.08	$7,834
Feb 2006	3	958	57.59	7.75	$7,598
Jan 2006	3	1,121	60.59	8.93	$10,196
Dec 2005	0	1,158	54.94	13.42	$15,535
Nov 2005	0	1,049	54.69	10.59	$11,107
Oct 2005	0	1,234	58.34	13.80	$17,024
Sep 2005	0	863	61.45	12.08	$10,424
Aug 2005	0	762	61.51	9.80	$7,465
Jul 2005	0	677	55.69	7.84	$5,310
Jun 2005	0	746	52.33	7.38	$5,506
May 2005	0	186	45.22	6.65	$1,237
Apr 2005	0	549	49.20	7.36	$4,041
Mar 2005	0	115	50.37	7.15	$823
Feb 2005	0	306	45.22	6.31	$1,931
Jan 2005	0	189	43.16	6.32	$1,195
Dec 2004	0	769	39.86	6.75	$5,192
Nov 2004	0	529	45.28	6.33	$3,349
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	739	42.37	5.55	$4,102
Jul 2004	0	136	38.28	6.08	$827
Jun 2004	0	557	36.10	6.43	$3,583
May 2004	0	1,117	37.48	6.49	$7,254
Apr 2004	0	669	34.47	5.86	$3,919
Mar 2004	0	349	34.36	5.53	$1,930
Feb 2004	0	880	32.45	5.51	$4,848
Jan 2004	2	779	32.03	6.30	$4,971
Dec 2003	2	729	30.26	6.30	$4,654
Nov 2003	1	769	28.80	4.60	$3,562
Oct 2003	2	1,161	28.17	4.76	$5,582
Sep 2003	2	968	26.31	4.75	$4,650
Aug 2003	1	675	29.76	5.13	$3,492
Jul 2003	4	2,026	29.41	5.17	$10,594
Jun 2003	2	946	28.56	5.98	$5,717
May 2003	5	2,495	26.59	5.97	$15,035
Apr 2003	3	1,519	26.67	5.41	$8,294
Mar 2003	4	1,722	31.14	6.10	$10,622
Feb 2003	5	2,519	33.48	7.93	$20,133
Jan 2003	0	1,704	30.31	5.58	$9,512
Dec 2002	0	1,972	26.91	4.85	$9,572
Nov 2002	0	2,548	24.66	4.14	$10,541
Oct 2002	0	2,384	26.46	4.23	$10,082
Sep 2002	0	2,731	27.44	3.64	$9,928
Aug 2002	1	2,992	25.96	3.16	$9,493
Jul 2002	91	3,220	24.58	3.06	$12,096
Jun 2002	108	3,041	23.73	3.34	$12,714
May 2002	195	4,637	24.66	3.58	$21,428
Apr 2002	146	3,449	23.65	3.51	$15,567
Mar 2002	285	4,035	22.00	3.10	$18,789
Feb 2002	935	6,347	18.22	2.38	$32,114
Jan 2002	0	5,900	17.17	2.38	$14,017
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	36	1,236	18.07	2.41	$3,624
Oct 2001	32	6,895	19.78	2.53	$18,070
Sep 2001	26	5,789	24.26	2.25	$13,664
Aug 2001	25	6,353	24.87	3.05	$20,018
Jul 2001	11	4,838	23.93	3.20	$15,731
Jun 2001	8	3,956	24.56	3.82	$15,325
May 2001	10	6,326	25.52	4.31	$27,503
Apr 2001	12	6,169	24.68	5.34	$33,210
Mar 2001	13	8,359	24.54	5.38	$45,261
Feb 2001	8	7,261	27.75	5.77	$42,097
Jan 2001	0	7,226	27.47	8.40	$60,689
Dec 2000	0	10,537	26.88	9.12	$96,124
Nov 2000	0	5,669	32.21	5.66	$32,075
Oct 2000	0	8,627	31.23	5.15	$44,390
Sep 2000	0	10,716	31.87	5.19	$55,579
Aug 2000	0	6,594	29.64	4.54	$29,942
Jul 2000	0	9,891	28.53	4.09	$40,452
Jun 2000	0	16,168	29.30	4.40	$71,095
May 2000	0	6,028	27.26	3.68	$22,182
Apr 2000	0	21,718	24.51	3.12	$67,673
Mar 2000	0	728	28.42	2.86	$2,082
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	5	25.27	2.48	$12
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	0	3,117	21.75	2.62	$8,163
Aug 1999	0	7,908	19.26	2.88	$22,740
Jul 1999	0	6,768	17.89	2.37	$16,056
Jun 1999	0	13,959	15.94	2.36	$32,973
May 1999	0	1,930	15.79	2.32	$4,480
Apr 1999	0	4,339	15.10	2.21	$9,581
Mar 1999	0	43	12.47	1.84	$79
Feb 1999	0	6,941	9.98	1.82	$12,617
Jan 1999	0	8,241	10.38	1.90	$15,657
Dec 1998	0	9,077	9.20	1.77	$16,096
Nov 1998	0	10,589	10.89	2.19	$23,145
Oct 1998	0	17,957	12.42	1.97	$35,361
Sep 1998	0	20,674	12.59	2.08	$43,056
Aug 1998	0	16,445	11.30	1.91	$31,366
Jul 1998	0	4,044	11.74	2.24	$9,048
Jun 1998	0	7,647	11.24	2.24	$17,108
May 1998	0	6,184	12.62	2.21	$13,644
Apr 1998	0	13,001	13.04	2.51	$32,572
Mar 1998	0	11,067	12.80	2.31	$25,559
Feb 1998	0	9,171	13.95	2.30	$21,085
Jan 1998	0	2,684	14.70	2.15	$5,783
Dec 1997	0	2,832	16.32	2.41	$6,828
Nov 1997	0	10,433	18.19	3.09	$32,220
Oct 1997	0	12,617	19.25	3.15	$39,741
Sep 1997	0	10,834	17.74	2.95	$32,013
Aug 1997	0	14,924	17.86	2.55	$38,127
Jul 1997	0	14,132	17.58	2.25	$31,754
Jun 1997	0	9,970	17.24	2.26	$22,504
May 1997	2	8,478	18.97	2.31	$19,609
Apr 1997	2	10,160	17.88	2.08	$21,197
Mar 1997	2	8,972	18.95	1.94	$17,436
Feb 1997	1	5,736	20.49	2.21	$12,674
Jan 1997	2	5,001	23.48	3.54	$17,749
Dec 1996	1	11,296	23.32	—	$23
Nov 1996	1	9,413	21.97	—	$22
Oct 1996	2	10,037	23.31	—	$47
Sep 1996	1	4,814	22.22	—	$22
Aug 1996	1	8,980	20.26	—	$20
Jul 1996	0	8,416	19.55	—	$0
Jun 1996	1	7,483	18.73	—	$19
May 1996	1	11,446	19.43	—	$19
Apr 1996	2	13,097	21.51	—	$43
Mar 1996	7	15,381	19.38	—	$136
Feb 1996	5	16,688	16.98	—	$85
Jan 1996	5	20,050	17.07	—	$85
Dec 1995	1	8,557	17.19	—	$17
Nov 1995	3	7,041	16.00	—	$48
Oct 1995	3	14,338	15.43	—	$46
Sep 1995	4	14,615	16.18	—	$65
Aug 1995	2	11,615	15.92	—	$32
Jul 1995	5	17,473	15.24	—	$76
Jun 1995	2	17,424	16.41	—	$33
May 1995	3	20,169	17.56	—	$53
Apr 1995	0	4,872	17.73	—	$0
Mar 1995	0	4,350	16.44	—	$0
Feb 1995	0	403	16.58	—	$0
Jan 1995	2	14,706	15.92	—	$32
Dec 1994	2	17,032	15.03	—	$30
Nov 1994	1	11,979	15.90	—	$16
Oct 1994	2	23,169	15.58	—	$31
Sep 1994	2	20,746	15.29	—	$31
Aug 1994	2	12,229	16.13	—	$32
Jul 1994	0	18,799	17.56	—	$0
Jun 1994	1	17,827	17.09	—	$17
May 1994	0	22,399	15.88	—	$0
Apr 1994	0	22,186	14.14	—	$0
Mar 1994	0	17,360	12.46	—	$0
Feb 1994	3	18,968	12.50	—	$38
Jan 1994	2	21,227	12.66	—	$25
Dec 1993	0	23,337	12.33	—	$0
Nov 1993	0	25,751	14.49	—	$0
Oct 1993	0	25,023	15.85	—	$0
Sep 1993	0	23,920	15.03	—	$0
Aug 1993	0	26,559	15.66	—	$0
Jul 1993	0	30,226	15.46	—	$0
Jun 1993	0	25,326	16.79	—	$0
May 1993	0	19,243	17.68	—	$0
Apr 1993	0	26,365	18.05	—	$0
Mar 1993	0	26,221	18.14	—	$0
Feb 1993	0	28,894	17.90	—	$0
Jan 1993	0	32,412	16.93	—	$0

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.

Aug 2017 — as filed, then multipliedworked

Condensate             1 bbl  × $ 45.37 =        $45
Gas                  398 Mcf  × $  3.00 =     $1,196

────────────────────────────────────────────────────
Month total                                   $1,241

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/125692 is the state's own key, not one this site invented.