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 CONOCOPHILLIPS COMPANY (P-5 172232) 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 129442District 04Field 04789237NGPA filingCondensateGasSave Export

Value, all time

$657 k

Jan 1993 – Jun 2013

Value, last 12 filed months

at the published price for each month

Months reported

246

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
NGPA	1	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	1,150 bbl	$24,434
Gas	Production	205,173 Mcf	$633,001
Total			$657,435

77,504 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 27.4141, -99.1756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41407, -99.17558 · 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

100.0%

1 of 1 wells

Median depth

11,169 ft

1 wells filed one

Completion to plug

24.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 11,169 ft.

Completions filed

Dec 1988

1 of 1 wells

Plug dates filed

Jun 2013

1 of 1 wells

Last completion to plug: a median of 24.5 years across the 1 well that filed both dates, with the middle half between 24.5 years and 24.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47934641	24	11,169 ft	Dec 1988	Jun 2013	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 (246)

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

246 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	1	71.12	4.24	$4
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	2	54.74	3.93	$8
Apr 2009	0	122	46.77	3.59	$438
Mar 2009	0	121	42.14	4.06	$491
Feb 2009	0	114	32.81	4.63	$528
Jan 2009	0	791	35.86	5.37	$4,248
Dec 2008	0	850	37.10	5.98	$5,081
Nov 2008	0	710	55.49	6.86	$4,871
Oct 2008	0	804	75.24	6.92	$5,565
Sep 2008	0	790	101.76	7.88	$6,223
Aug 2008	0	767	114.22	8.48	$6,506
Jul 2008	0	779	131.08	11.39	$8,872
Jun 2008	0	760	131.33	13.03	$9,905
May 2008	0	799	123.17	11.57	$9,248
Apr 2008	0	824	110.31	10.45	$8,615
Mar 2008	0	887	101.90	9.66	$8,572
Feb 2008	0	812	92.53	8.77	$7,122
Jan 2008	0	1,014	90.38	8.21	$8,321
Dec 2007	0	677	88.33	7.30	$4,943
Nov 2007	0	875	91.67	7.29	$6,380
Oct 2007	0	946	82.85	6.92	$6,548
Sep 2007	0	911	75.84	6.24	$5,688
Aug 2007	0	965	69.06	6.39	$6,164
Jul 2007	0	993	70.90	6.39	$6,343
Jun 2007	0	957	62.00	7.55	$7,224
May 2007	0	1,011	58.74	7.85	$7,933
Apr 2007	0	949	59.61	7.81	$7,407
Mar 2007	0	993	56.92	7.30	$7,251
Feb 2007	0	944	55.10	8.22	$7,756
Jan 2007	0	661	50.30	6.73	$4,446
Dec 2006	0	1,108	56.65	6.92	$7,666
Nov 2006	0	917	54.20	7.62	$6,985
Oct 2006	0	815	54.90	6.01	$4,901
Sep 2006	0	980	60.08	5.04	$4,936
Aug 2006	0	1,046	68.71	7.34	$7,678
Jul 2006	10	1,087	69.37	6.34	$7,588
Jun 2006	14	1,184	66.28	6.38	$8,486
May 2006	11	966	66.01	6.42	$6,933
Apr 2006	12	1,019	64.39	7.36	$8,273
Mar 2006	14	1,024	56.70	7.08	$8,047
Feb 2006	12	944	57.59	7.75	$8,008
Jan 2006	0	1,534	60.59	8.93	$13,704
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	812	61.45	12.08	$9,808
Aug 2005	0	1,312	61.51	9.80	$12,853
Jul 2005	1	148	55.69	7.84	$1,217
Jun 2005	2	204	52.33	7.38	$1,610
May 2005	10	1,004	45.22	6.65	$7,130
Apr 2005	11	1,030	49.20	7.36	$8,122
Mar 2005	2	884	50.37	7.15	$6,426
Feb 2005	16	1,205	45.22	6.31	$8,329
Jan 2005	3	486	43.16	6.32	$3,202
Dec 2004	9	974	39.86	6.75	$6,934
Nov 2004	7	803	45.28	6.33	$5,400
Oct 2004	4	585	49.70	6.52	$4,010
Sep 2004	9	912	43.24	5.28	$5,208
Aug 2004	27	3,890	42.37	5.55	$22,736
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	29	32.45	5.51	$160
Jan 2004	0	137	32.03	6.30	$863
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	102	26.31	4.75	$484
Aug 2003	0	871	29.76	5.13	$4,468
Jul 2003	0	931	29.41	5.17	$4,814
Jun 2003	0	920	28.56	5.98	$5,504
May 2003	0	892	26.59	5.97	$5,328
Apr 2003	0	881	26.67	5.41	$4,764
Mar 2003	0	1,034	31.14	6.10	$6,303
Feb 2003	0	673	33.48	7.93	$5,334
Jan 2003	7	704	30.31	5.58	$4,142
Dec 2002	11	1,007	26.91	4.85	$5,184
Nov 2002	12	1,269	24.66	4.14	$5,546
Oct 2002	9	985	26.46	4.23	$4,404
Sep 2002	5	689	27.44	3.64	$2,642
Aug 2002	8	1,113	25.96	3.16	$3,729
Jul 2002	0	1,441	24.58	3.06	$4,412
Jun 2002	0	164	23.73	3.34	$547
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	37	23.65	3.51	$130
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	3	18.22	2.38	$7
Jan 2002	0	225	17.17	2.38	$535
Dec 2001	0	1,106	16.93	2.36	$2,615
Nov 2001	0	519	18.07	2.41	$1,248
Oct 2001	0	1,010	19.78	2.53	$2,554
Sep 2001	0	1,121	24.26	2.25	$2,524
Aug 2001	0	532	24.87	3.05	$1,624
Jul 2001	0	922	23.93	3.20	$2,948
Jun 2001	0	1,068	24.56	3.82	$4,084
May 2001	0	1,292	25.52	4.31	$5,565
Apr 2001	0	1,522	24.68	5.34	$8,120
Mar 2001	0	2,390	24.54	5.38	$12,850
Feb 2001	0	995	27.75	5.77	$5,738
Jan 2001	0	971	27.47	8.40	$8,155
Dec 2000	0	1,287	26.88	9.12	$11,741
Nov 2000	0	978	32.21	5.66	$5,534
Oct 2000	0	895	31.23	5.15	$4,605
Sep 2000	0	915	31.87	5.19	$4,746
Aug 2000	0	1,075	29.64	4.54	$4,881
Jul 2000	0	972	28.53	4.09	$3,975
Jun 2000	3	818	29.30	4.40	$3,685
May 2000	4	1,165	27.26	3.68	$4,396
Apr 2000	4	937	24.51	3.12	$3,018
Mar 2000	4	935	28.42	2.86	$2,788
Feb 2000	0	1,456	27.62	2.73	$3,970
Jan 2000	0	1,327	25.27	2.48	$3,292
Dec 1999	0	1,045	24.28	2.42	$2,533
Nov 1999	0	1,023	23.19	2.43	$2,490
Oct 1999	0	1,146	20.98	2.80	$3,213
Sep 1999	0	869	21.75	2.62	$2,276
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	173	17.89	2.37	$410
Jun 1999	0	436	15.94	2.36	$1,030
May 1999	0	822	15.79	2.32	$1,908
Apr 1999	0	966	15.10	2.21	$2,133
Mar 1999	0	509	12.47	1.84	$936
Feb 1999	0	804	9.98	1.82	$1,462
Jan 1999	1	833	10.38	1.90	$1,593
Dec 1998	27	1,115	9.20	1.77	$2,226
Nov 1998	26	1,064	10.89	2.19	$2,609
Oct 1998	32	1,205	12.42	1.97	$2,770
Sep 1998	31	927	12.59	2.08	$2,321
Aug 1998	44	1,006	11.30	1.91	$2,416
Jul 1998	68	1,437	11.74	2.24	$4,013
Jun 1998	0	1,453	11.24	2.24	$3,251
May 1998	0	1,334	12.62	2.21	$2,943
Apr 1998	0	1,421	13.04	2.51	$3,560
Mar 1998	0	1,363	12.80	2.31	$3,148
Feb 1998	0	1,547	13.95	2.30	$3,557
Jan 1998	0	1,942	14.70	2.15	$4,185
Dec 1997	6	1,309	16.32	2.41	$3,254
Nov 1997	0	1,228	18.19	3.09	$3,792
Oct 1997	0	1,560	19.25	3.15	$4,914
Sep 1997	0	887	17.74	2.95	$2,621
Aug 1997	0	877	17.86	2.55	$2,241
Jul 1997	136	1,255	17.58	2.25	$5,211
Jun 1997	0	1,654	17.24	2.26	$3,733
May 1997	0	458	18.97	2.31	$1,057
Apr 1997	0	1,365	17.88	2.08	$2,843
Mar 1997	0	1,085	18.95	1.94	$2,104
Feb 1997	0	1,154	20.49	2.21	$2,546
Jan 1997	0	1,380	23.48	3.54	$4,885
Dec 1996	0	1,503	23.32	—	$0
Nov 1996	0	1,352	21.97	—	$0
Oct 1996	1	1,259	23.31	—	$23
Sep 1996	0	1,556	22.22	—	$0
Aug 1996	1	1,586	20.26	—	$20
Jul 1996	0	1,463	19.55	—	$0
Jun 1996	0	1,342	18.73	—	$0
May 1996	2	960	19.43	—	$39
Apr 1996	0	1,318	21.51	—	$0
Mar 1996	0	1,556	19.38	—	$0
Feb 1996	0	1,502	16.98	—	$0
Jan 1996	1	1,635	17.07	—	$17
Dec 1995	0	1,249	17.19	—	$0
Nov 1995	0	1,173	16.00	—	$0
Oct 1995	126	1,373	15.43	—	$1,944
Sep 1995	1	1,319	16.18	—	$16
Aug 1995	0	1,275	15.92	—	$0
Jul 1995	0	1,477	15.24	—	$0
Jun 1995	0	1,161	16.41	—	$0
May 1995	0	1,443	17.56	—	$0
Apr 1995	0	1,129	17.73	—	$0
Mar 1995	0	1,504	16.44	—	$0
Feb 1995	0	1,489	16.58	—	$0
Jan 1995	46	1,590	15.92	—	$732
Dec 1994	1	1,413	15.03	—	$15
Nov 1994	0	1,205	15.90	—	$0
Oct 1994	113	1,569	15.58	—	$1,761
Sep 1994	0	1,395	15.29	—	$0
Aug 1994	0	1,475	16.13	—	$0
Jul 1994	0	1,596	17.56	—	$0
Jun 1994	0	1,423	17.09	—	$0
May 1994	0	1,411	15.88	—	$0
Apr 1994	0	1,774	14.14	—	$0
Mar 1994	0	955	12.46	—	$0
Feb 1994	0	1,641	12.50	—	$0
Jan 1994	109	2,174	12.66	—	$1,380
Dec 1993	3	2,375	12.33	—	$37
Nov 1993	0	2,344	14.49	—	$0
Oct 1993	0	2,193	15.85	—	$0
Sep 1993	0	2,410	15.03	—	$0
Aug 1993	0	2,583	15.66	—	$0
Jul 1993	0	2,440	15.46	—	$0
Jun 1993	0	2,140	16.79	—	$0
May 1993	0	2,357	17.68	—	$0
Apr 1993	134	2,165	18.05	—	$2,419
Mar 1993	0	2,087	18.14	—	$0
Feb 1993	0	1,878	17.90	—	$0
Jan 1993	0	1,287	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.

May 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 71.12 =         $0
Gas                    1 Mcf  × $  4.24 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/129442 is the state's own key, not one this site invented.