BMT

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 131962District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$563 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111989-12-27121325
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
CondensateDisposition309 bbl$9,597
GasProduction628,202 Mcf$553,027
Total$562,624

464,064 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 27.3563, -99.1943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35626, -99.19434 · 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
11,352 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 11,352 ft.

Completions filed
Sep 1989
1 of 1 wells

1 well

42-479348712711,352 ftSep 1989

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201706450.452.95$189
Jan 20170049.413.42$0
Dec 201603148.763.72$115
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201607341.553.10$226
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160745.352.69$19
May 201602542.521.99$50
Apr 2016010536.561.99$209
Mar 2016020633.011.79$370
Feb 2016024326.472.06$501
Jan 20160027.352.36$0
Dec 2015021632.362.00$432
Nov 2015021738.792.17$470
Oct 2015023543.552.43$570
Sep 2015021742.992.76$599
Aug 2015022640.162.87$649
Jul 2015022348.152.95$657
Jun 2015017156.152.88$493
May 2015022255.212.96$656
Apr 2015022649.822.71$612
Mar 2015021042.892.93$616
Feb 2015016444.662.98$488
Jan 2015018543.433.10$574
Dec 2014017754.693.59$636
Nov 2014021270.464.25$901
Oct 2014013578.303.90$527
Sep 2014022686.164.05$914
Aug 2014032589.394.04$1,311
Jul 2014026896.564.18$1,120
Jun 2014019298.164.74$909
May 2014019794.734.73$931
Apr 2014018995.944.81$909
Mar 2014019195.895.06$966
Feb 2014016397.406.19$1,009
Jan 2014017790.404.86$860
Dec 2013019091.824.35$827
Nov 2013021688.853.74$807
Oct 2013021197.423.78$797
Sep 20130194104.113.72$721
Aug 20130193104.253.52$680
Jul 20130198102.523.72$736
Jun 2013019294.403.93$755
May 2013020994.834.15$867
Apr 2013020693.964.28$882
Mar 2013021193.623.91$826
Feb 2013022991.233.42$783
Jan 201309691.603.42$328
Dec 2012019986.773.42$681
Nov 2012021886.953.62$790
Oct 2012015289.383.40$517
Sep 2012018994.672.92$552
Aug 2012019592.662.91$567
Jul 2012219985.133.02$771
Jun 2012021079.822.52$529
May 2012019291.612.49$478
Apr 20123186101.652.00$676
Mar 20120191105.052.22$424
Feb 20123185101.102.57$779
Jan 2012420498.092.73$950
Dec 2011020796.873.24$671
Nov 2011019395.723.31$639
Oct 2011021384.983.65$777
Sep 2011019283.623.99$765
Aug 2011014083.404.15$581
Jul 2011014094.144.52$632
Jun 2011017592.904.64$812
May 2011020698.134.40$907
Apr 20110255105.964.33$1,105
Mar 2011019596.364.06$791
Feb 2011041485.644.18$1,731
Jan 2011025186.504.59$1,152
Dec 2010020385.734.35$883
Nov 2010014680.843.80$554
Oct 2010016278.103.51$568
Sep 2010015072.633.98$597
Aug 2010015073.684.42$663
Jul 2010014472.554.74$682
Jun 2010016870.364.91$825
May 2010018171.124.24$767
Apr 2010018181.694.12$746
Mar 2010018978.394.39$829
Feb 2010016273.585.44$882
Jan 2010017374.365.96$1,032
Dec 2009017671.445.48$965
Nov 2009016874.593.75$630
Oct 2009027972.544.11$1,147
Sep 200905265.543.06$159
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090266.163.90$8
May 20090254.743.93$8
Apr 200902346.773.59$83
Mar 20090742.144.06$28
Feb 200901532.814.63$70
Jan 20090035.865.37$0
Dec 200802737.105.98$161
Nov 200803,24355.496.86$22,248
Oct 200807075.246.92$485
Sep 20080213101.767.88$1,678
Aug 20080548114.228.48$4,649
Jul 20080245131.0811.39$2,790
Jun 20080213131.3313.03$2,776
May 20080230123.1711.57$2,662
Apr 20080227110.3110.45$2,373
Mar 20080242101.909.66$2,339
Feb 2008021792.538.77$1,903
Jan 2008023490.388.21$1,920
Dec 2007026188.337.30$1,906
Nov 2007026491.677.29$1,925
Oct 2007014082.856.92$969
Sep 20070075.846.24$0
Aug 200705769.066.39$364
Jul 2007418270.906.39$1,446
Jun 2007830862.007.55$2,821
May 2007731358.747.85$2,867
Apr 2007936259.617.81$3,362
Mar 2007933856.927.30$2,980
Feb 2007932355.108.22$3,150
Jan 2007033750.306.73$2,267
Dec 2006030656.656.92$2,117
Nov 2006029554.207.62$2,247
Oct 2006024254.906.01$1,455
Sep 200605160.085.04$257
Aug 200601568.717.34$110
Jul 200608869.376.34$558
Jun 2006027766.286.38$1,768
May 2006031666.016.42$2,030
Apr 2006028064.397.36$2,061
Mar 2006028156.707.08$1,990
Feb 2006023357.597.75$1,806
Jan 2006020660.598.93$1,840
Dec 20051054.9413.42$55
Nov 2005726354.6910.59$3,168
Oct 2005440158.3413.80$5,765
Sep 20051059361.4512.08$7,777
Aug 2005636861.519.80$3,974
Jul 200519955.697.84$832
Jun 20050052.337.38$0
May 2005037245.226.65$2,474
Apr 2005048749.207.36$3,585
Mar 2005032350.377.15$2,311
Feb 2005022245.226.31$1,401
Jan 2005020943.166.32$1,321
Dec 2004039739.866.75$2,680
Nov 2004046145.286.33$2,918
Oct 2004052949.706.52$3,446
Sep 2004047143.245.28$2,489
Aug 2004047342.375.55$2,625
Jul 2004031938.286.08$1,941
Jun 2004023436.106.43$1,505
May 2004031937.486.49$2,072
Apr 2004041334.475.86$2,420
Mar 2004054834.365.53$3,031
Feb 2004023832.455.51$1,311
Jan 2004023532.036.30$1,480
Dec 2003028330.266.30$1,783
Nov 2003033228.804.60$1,526
Oct 2003029828.174.76$1,418
Sep 2003093526.314.75$4,441
Aug 2003055629.765.13$2,852
Jul 2003084929.415.17$4,390
Jun 2003017328.565.98$1,035
May 20030726.595.97$42
Apr 2003018526.675.41$1,000
Mar 2003032231.146.10$1,963
Feb 200303833.487.93$301
Jan 2003017430.315.58$971
Dec 2002457126.914.85$2,879
Nov 2002345924.664.14$1,973
Oct 2002456826.464.23$2,508
Sep 2002156727.443.64$2,089
Aug 2002370925.963.16$2,321
Jul 2002045324.583.06$1,387
Jun 2002056323.733.34$1,879
May 2002060724.663.58$2,175
Apr 200201,01423.653.51$3,561
Mar 2002078922.003.10$2,448
Feb 2002059218.222.38$1,406
Jan 2002052517.172.38$1,247
Dec 2001054716.932.36$1,293
Nov 2001057818.072.41$1,390
Oct 2001035319.782.53$893
Sep 2001019024.262.25$428
Aug 2001056124.873.05$1,713
Jul 2001017423.933.20$556
Jun 200105824.563.82$222
May 2001016125.524.31$693
Apr 2001029524.685.34$1,574
Mar 2001056724.545.38$3,048
Feb 200101,65227.755.77$9,527
Jan 2001027927.478.40$2,343
Dec 200008426.889.12$766
Nov 2000042432.215.66$2,399
Oct 20000031.235.15$0
Sep 200001,31731.875.19$6,831
Aug 200002,02029.644.54$9,172
Jul 200001,67228.534.09$6,838
Jun 200001,93529.304.40$8,509
May 2000024227.263.68$891
Apr 2000077824.513.12$2,424
Mar 2000082528.422.86$2,359
Feb 2000083427.622.73$2,274
Jan 200001,53925.272.48$3,817
Dec 199901,67824.282.42$4,067
Nov 199902,32423.192.43$5,657
Oct 199922,11020.982.80$5,958
Sep 1999133,21021.752.62$8,689
Aug 199993,72919.262.88$10,896
Jul 1999143,39417.892.37$8,302
Jun 199963,45015.942.36$8,245
May 1999303,19415.792.32$7,887
Apr 199912,52215.102.21$5,584
Mar 199902,70712.471.84$4,976
Feb 199912,8149.981.82$5,125
Jan 199903,48910.381.90$6,629
Dec 199803,4109.201.77$6,047
Nov 199803,45210.892.19$7,545
Oct 199803,77512.421.97$7,434
Sep 199803,60412.592.08$7,506
Aug 199803,45811.301.91$6,596
Jul 199803,70111.742.24$8,280
Jun 199804,01111.242.24$8,974
May 199804,61512.622.21$10,182
Apr 199813,92413.042.51$9,844
Mar 199803,74112.802.31$8,640
Feb 199803,69913.952.30$8,504
Jan 199804,18114.702.15$9,009
Dec 199714,52316.322.41$10,922
Nov 199703,67118.193.09$11,337
Oct 199701,13519.253.15$3,575
Sep 199721,88817.742.95$5,614
Aug 199701,29517.862.55$3,308
Jul 199702,95517.582.25$6,640
Jun 199701,01317.242.26$2,287
May 1997045918.972.31$1,060
Apr 1997055117.882.08$1,148
Mar 1997033418.951.94$648
Feb 1997093520.492.21$2,063
Jan 199701,67823.483.54$5,940
Dec 199603,47423.32$0
Nov 199615,29021.97$22
Oct 199635,52523.31$70
Sep 199605,52722.22$0
Aug 199615,85820.26$20
Jul 199606,00119.55$0
Jun 199605,94218.73$0
May 199615,95119.43$19
Apr 199605,66721.51$0
Mar 199616,47119.38$19
Feb 199635,75616.98$51
Jan 199615,73117.07$17
Dec 199506,04417.19$0
Nov 199505,90516.00$0
Oct 199526,29115.43$31
Sep 199516,32816.18$16
Aug 199506,73915.92$0
Jul 199516,70415.24$15
Jun 199516,54916.41$16
May 199506,90817.56$0
Apr 199517,41017.73$18
Mar 199518,22216.44$16
Feb 199517,63716.58$17
Jan 199508,10015.92$0
Dec 199417,42315.03$15
Nov 199419,24215.90$16
Oct 199419,84715.58$16
Sep 199409,43015.29$0
Aug 1994110,01816.13$16
Jul 199409,56617.56$0
Jun 199410210,26317.09$1,743
May 1994010,74215.88$0
Apr 199408,46814.14$0
Mar 199419,84112.46$12
Feb 199409,84612.50$0
Jan 1994110,65512.66$13
Dec 1993013,24412.33$0
Nov 1993013,88414.49$0
Oct 1993015,55615.85$0
Sep 1993015,25315.03$0
Aug 1993015,71615.66$0
Jul 1993017,44315.46$0
Jun 1993020,06316.79$0
May 1993021,23117.68$0
Apr 1993019,46018.05$0
Mar 1993014,37018.14$0
Feb 1993013,60717.90$0
Jan 1993018,86616.93$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.

Feb 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.45 =         $0
Gas                   64 Mcf  × $  2.95 =       $189

────────────────────────────────────────────────────
Month total                                     $189

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/131962 is the state's own key, not one this site invented.