B.M.T.

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 137338District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$1 k
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 Gas111991-10-18124023
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
CondensateDisposition1,067 bbl$24,076
GasProduction782,366 Mcf$995,815
Total$1,019,891

554,864 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 27.3834, -99.2041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38337, -99.20409 · 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
11,000 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 11,000 ft.

Completions filed
Jan 1991
1 of 1 wells

1 well

42-479351203011,000 ftJan 1991

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 202602106.413.05$6
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202602063.503.75$75
Jan 20260159.138.00$8
Dec 20250156.664.41$4
Nov 20250158.593.93$4
Oct 20250159.383.30$3
Sep 202509762.743.08$298
Aug 2025020163.933.01$606
Jul 202509766.743.32$322
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 20240269.612.36$5
Aug 20240075.632.06$0
Jul 20240279.932.15$4
Jun 20240578.082.63$13
May 202401578.812.20$33
Apr 202401084.451.66$17
Mar 202401780.301.55$26
Feb 202402076.091.78$36
Jan 202402973.023.30$96
Dec 202303171.262.61$81
Nov 202305377.892.81$149
Oct 202304085.443.09$123
Sep 202305689.042.74$153
Aug 202303980.522.67$104
Jul 202306874.852.64$180
Jun 202307168.962.26$160
May 202306970.622.23$154
Apr 202308678.122.24$192
Mar 202309472.852.39$225
Feb 202308575.112.47$210
Jan 2023010276.533.39$346
Dec 2022010376.415.73$590
Nov 2022011785.005.65$661
Oct 2022012987.185.86$756
Sep 2022012184.888.16$988
Aug 2022012894.529.13$1,168
Jul 20220143101.587.54$1,079
Jun 20220145115.097.98$1,157
May 20220154109.378.43$1,299
Apr 20220153104.226.84$1,046
Mar 20221171108.885.08$977
Feb 2022015991.054.86$773
Jan 2022017781.844.54$803
Dec 2021119171.323.90$816
Nov 2021119377.435.24$1,088
Oct 2021122679.795.71$1,371
Sep 2021123469.865.35$1,322
Aug 2021125566.024.22$1,142
Jul 2021126770.783.98$1,134
Jun 2021128569.493.38$1,033
May 20211063.483.02$63
Apr 2021023460.362.76$645
Mar 2021132661.302.72$947
Feb 2021130457.805.55$1,744
Jan 2021132050.412.81$950
Dec 2020132044.642.68$901
Nov 2020131538.772.71$891
Oct 2020134136.972.48$882
Sep 2020137437.091.99$782
Aug 2020336839.982.39$998
Jul 2020137338.371.83$719
Jun 2020037434.901.69$632
May 2020033616.921.81$610
Apr 2020129114.751.80$540
Mar 2020430230.341.86$682
Feb 2020026949.881.98$533
Jan 2020029857.252.09$624
Dec 2019133359.012.30$826
Nov 2019127355.302.75$806
Oct 2019130553.472.42$791
Sep 2019129055.052.66$826
Aug 2019130453.112.30$754
Jul 2019130856.272.46$814
Jun 2019130052.782.49$800
May 2019130958.482.74$905
Apr 2019130462.632.75$899
Mar 2019131256.803.06$1,012
Feb 2019126150.852.79$780
Jan 2019128646.033.23$969
Dec 2018129946.594.19$1,298
Nov 2018128752.934.24$1,269
Oct 2018131661.443.40$1,135
Sep 2018031359.543.11$973
Aug 2018130759.403.07$1,001
Jul 2018129665.142.93$933
Jun 2018329560.183.08$1,088
May 2018030165.382.90$873
Apr 2018133963.842.90$1,047
Mar 2018031761.222.79$883
Feb 2018127661.782.77$825
Jan 2018134162.874.01$1,430
Dec 2017133757.272.92$1,042
Nov 2017120655.423.12$698
Oct 2017132349.292.98$1,013
Sep 2017131847.523.09$1,029
Aug 2017233445.373.00$1,094
Jul 2017034543.873.09$1,065
Jun 2017037442.493.09$1,155
May 2017040145.373.26$1,309
Apr 2017039447.933.21$1,265
Mar 2017040146.772.98$1,196
Feb 2017037550.452.95$1,107
Jan 2017043249.413.42$1,477
Dec 2016041648.763.72$1,549
Nov 2016041142.492.64$1,087
Oct 2016042946.193.09$1,326
Sep 2016040441.553.10$1,253
Aug 2016044541.442.92$1,301
Jul 2016044441.622.92$1,298
Jun 2016041445.352.69$1,112
May 2016044442.521.99$884
Apr 2016042636.561.99$848
Mar 2016043933.011.79$788
Feb 2016043026.472.06$887
Jan 2016044027.352.36$1,040
Dec 2015049232.362.00$985
Nov 2015046838.792.17$1,014
Oct 2015049243.552.43$1,194
Sep 2015048342.992.76$1,332
Aug 2015048740.162.87$1,399
Jul 2015046548.152.95$1,369
Jun 2015045456.152.88$1,309
May 2015049555.212.96$1,463
Apr 2015046349.822.71$1,253
Mar 2015047442.892.93$1,391
Feb 2015039444.662.98$1,173
Jan 2015043843.433.10$1,358
Dec 2014039054.693.59$1,401
Nov 2014043970.464.25$1,867
Oct 2014041678.303.90$1,623
Sep 2014044286.164.05$1,788
Aug 2014093389.394.04$3,765
Jul 2014030796.564.18$1,283
Jun 2014042598.164.74$2,013
May 2014045594.734.73$2,151
Apr 2014043095.944.81$2,068
Mar 2014035595.895.06$1,795
Feb 2014032397.406.19$2,000
Jan 2014047290.404.86$2,294
Dec 2013048591.824.35$2,112
Nov 2013048888.853.74$1,824
Oct 2013052397.423.78$1,977
Sep 20130401104.113.72$1,491
Aug 20130331104.253.52$1,166
Jul 20130441102.523.72$1,640
Jun 2013042194.403.93$1,656
May 2013044394.834.15$1,838
Apr 2013051993.964.28$2,223
Mar 2013055293.623.91$2,160
Feb 2013048391.233.42$1,652
Jan 2013053591.603.42$1,830
Dec 2012053886.773.42$1,840
Nov 2012054086.953.62$1,957
Oct 2012061789.383.40$2,098
Sep 2012055094.672.92$1,605
Aug 2012057292.662.91$1,663
Jul 2012057185.133.02$1,725
Jun 2012056079.822.52$1,411
May 2012060791.612.49$1,510
Apr 20120591101.652.00$1,180
Mar 20120590105.052.22$1,311
Feb 20120557101.102.57$1,432
Jan 2012061298.092.73$1,673
Dec 2011059196.873.24$1,915
Nov 2011059995.723.31$1,983
Oct 2011059484.983.65$2,167
Sep 2011058783.623.99$2,340
Aug 2011060583.404.15$2,510
Jul 2011060094.144.52$2,710
Jun 2011062692.904.64$2,905
May 2011073998.134.40$3,255
Apr 201101,128105.964.33$4,888
Mar 2011057896.364.06$2,345
Feb 2011053185.644.18$2,220
Jan 2011024186.504.59$1,106
Dec 2010012285.734.35$530
Nov 2010058980.843.80$2,235
Oct 2010058378.103.51$2,046
Sep 2010057372.633.98$2,280
Aug 2010059573.684.42$2,630
Jul 2010065172.554.74$3,083
Jun 2010060770.364.91$2,981
May 2010062971.124.24$2,664
Apr 2010054181.694.12$2,230
Mar 2010058478.394.39$2,563
Feb 2010053973.585.44$2,933
Jan 2010059374.365.96$3,537
Dec 2009052171.445.48$2,857
Nov 2009057474.593.75$2,153
Oct 2009065572.544.11$2,692
Sep 2009063165.543.06$1,934
Aug 2009069667.423.22$2,240
Jul 2009073261.133.46$2,536
Jun 2009067766.163.90$2,637
May 2009071054.743.93$2,787
Apr 2009067946.773.59$2,436
Mar 2009071442.144.06$2,898
Feb 2009067832.814.63$3,141
Jan 2009076135.865.37$4,087
Dec 200802,36337.105.98$14,124
Nov 2008069655.496.86$4,775
Oct 2008067975.246.92$4,700
Sep 20080695101.767.88$5,475
Aug 20080752114.228.48$6,379
Jul 20080640131.0811.39$7,289
Jun 20080741131.3313.03$9,657
May 20080802123.1711.57$9,283
Apr 20080798110.3110.45$8,343
Mar 20080781101.909.66$7,548
Feb 2008074092.538.77$6,490
Jan 2008077090.388.21$6,318
Dec 2007079188.337.30$5,776
Nov 2007077791.677.29$5,666
Oct 2007081282.856.92$5,621
Sep 2007079275.846.24$4,945
Aug 2007082869.066.39$5,289
Jul 2007080170.906.39$5,117
Jun 2007077062.007.55$5,812
May 2007080958.747.85$6,348
Apr 2007080359.617.81$6,268
Mar 2007079456.927.30$5,798
Feb 2007073055.108.22$5,998
Jan 2007080750.306.73$5,429
Dec 2006059056.656.92$4,082
Nov 2006076654.207.62$5,835
Oct 2006081354.906.01$4,889
Sep 2006078960.085.04$3,974
Aug 2006081168.717.34$5,953
Jul 2006079069.376.34$5,011
Jun 2006077366.286.38$4,935
May 2006083666.016.42$5,371
Apr 2006081264.397.36$5,977
Mar 2006084456.707.08$5,978
Feb 2006074457.597.75$5,767
Jan 2006085460.598.93$7,629
Dec 2005086354.9413.42$11,577
Nov 2005082954.6910.59$8,778
Oct 2005082258.3413.80$11,340
Sep 2005066961.4512.08$8,081
Aug 2005091861.519.80$8,994
Jul 2005089955.697.84$7,051
Jun 2005086952.337.38$6,414
May 2005087245.226.65$5,800
Apr 2005084549.207.36$6,220
Mar 2005087550.377.15$6,261
Feb 2005075545.226.31$4,766
Jan 2005081243.166.32$5,134
Dec 2004083439.866.75$5,630
Nov 2004023845.286.33$1,507
Oct 2004015849.706.52$1,029
Sep 2004095143.245.28$5,025
Aug 2004094442.375.55$5,240
Jul 2004095538.286.08$5,810
Jun 2004094036.106.43$6,047
May 2004096637.486.49$6,274
Apr 2004094334.475.86$5,525
Mar 2004097234.365.53$5,375
Feb 2004091032.455.51$5,014
Jan 2004095932.036.30$6,041
Dec 200301,02530.266.30$6,459
Nov 2003099528.804.60$4,572
Oct 2003093928.174.76$4,469
Sep 2003016526.314.75$784
Aug 200301,07529.765.13$5,514
Jul 200301,05229.415.17$5,440
Jun 200301,04828.565.98$6,270
May 200301,00226.595.97$5,985
Apr 2003090326.675.41$4,883
Mar 2003097731.146.10$5,956
Feb 2003091533.487.93$7,252
Jan 200301,03630.315.58$5,783
Dec 2002098726.914.85$4,791
Nov 2002089124.664.14$3,686
Oct 2002084026.464.23$3,552
Sep 2002090327.443.64$3,283
Aug 2002086225.963.16$2,728
Jul 2002088924.583.06$2,722
Jun 2002092823.733.34$3,098
May 200201,01924.663.58$3,652
Apr 2002081923.653.51$2,877
Mar 200201,02322.003.10$3,174
Feb 2002082118.222.38$1,950
Jan 2002175017.172.38$1,799
Dec 200110177316.932.36$3,538
Nov 200117798518.072.41$5,568
Oct 20011571,05219.782.53$5,766
Sep 20011441,00524.262.25$5,756
Aug 20011481,17424.873.05$7,265
Jul 20017298323.933.20$4,866
Jun 2001711,09924.563.82$5,947
May 200121,07125.524.31$4,664
Apr 200121,02024.685.34$5,491
Mar 200121,34824.545.38$7,297
Feb 200111,22027.755.77$7,064
Jan 200101,07527.478.40$9,029
Dec 200001,61926.889.12$14,769
Nov 200002,04432.215.66$11,565
Oct 200001,99631.235.15$10,270
Sep 200002,07031.875.19$10,736
Aug 200001,07629.644.54$4,886
Jul 200001,69228.534.09$6,920
Jun 200003,55629.304.40$15,637
May 200001,60127.263.68$5,891
Apr 200001,39924.513.12$4,359
Mar 200001,10928.422.86$3,171
Feb 2000099527.622.73$2,713
Jan 200001,68925.272.48$4,190
Dec 199901,26024.282.42$3,054
Nov 199901,04323.192.43$2,539
Oct 1999085320.982.80$2,392
Sep 199901,00721.752.62$2,637
Aug 199901,13819.262.88$3,272
Jul 199901,19317.892.37$2,830
Jun 199901,14315.942.36$2,700
May 199901,18515.792.32$2,750
Apr 199901,20015.102.21$2,650
Mar 199901,45812.471.84$2,680
Feb 199901,1899.981.82$2,161
Jan 199901,72810.381.90$3,283
Dec 199801,9599.201.77$3,474
Nov 199801,61410.892.19$3,528
Oct 199801,32912.421.97$2,617
Sep 199801,31312.592.08$2,734
Aug 199801,61611.301.91$3,082
Jul 199801,33211.742.24$2,980
Jun 199801,38011.242.24$3,087
May 199801,43012.622.21$3,155
Apr 199801,52413.042.51$3,818
Mar 199801,32912.802.31$3,069
Feb 199801,19213.952.30$2,741
Jan 199802,00614.702.15$4,323
Dec 199701,74716.322.41$4,212
Nov 199701,81818.193.09$5,614
Oct 199701,66119.253.15$5,232
Sep 199701,39417.742.95$4,119
Aug 199701,57217.862.55$4,016
Jul 199701,63017.582.25$3,663
Jun 199701,49117.242.26$3,365
May 199701,79918.972.31$4,153
Apr 199701,29817.882.08$2,703
Mar 199701,56618.951.94$3,037
Feb 199701,29420.492.21$2,854
Jan 199701,06823.483.54$3,780
Dec 199611,26823.32$23
Nov 199601,69621.97$0
Oct 199601,56923.31$0
Sep 199602,05722.22$0
Aug 199611,40520.26$20
Jul 199601,78519.55$0
Jun 199601,87818.73$0
May 199603,92519.43$0
Apr 199614,51421.51$22
Mar 1996104,16519.38$194
Feb 199604,03016.98$0
Jan 199613,52317.07$17
Dec 199514,12017.19$17
Nov 199516,19216.00$16
Oct 199526,21615.43$31
Sep 199518,19216.18$16
Aug 199519,26015.92$16
Jul 199528,75415.24$30
Jun 199507,40716.41$0
May 199516,69917.56$18
Apr 199517,82017.73$18
Mar 199518,90916.44$16
Feb 199516,58116.58$17
Jan 199529,40515.92$32
Dec 199427,94715.03$30
Nov 1994110,65315.90$16
Oct 1994012,26815.58$0
Sep 199409,53015.29$0
Aug 199408,18416.13$0
Jul 199409,93717.56$0
Jun 19948013,71017.09$1,367
May 1994113,31515.88$16
Apr 1994116,71514.14$14
Mar 1994218,00712.46$25
Feb 1994015,72612.50$0
Jan 1994116,53412.66$13
Dec 1993015,22112.33$0
Nov 1993016,22714.49$0
Oct 1993015,61615.85$0
Sep 1993019,07815.03$0
Aug 1993022,21515.66$0
Jul 1993425,07815.46$62
Jun 1993024,02916.79$0
May 1993627,06517.68$106
Apr 1993734,04018.05$126
Mar 1993227,63618.14$36
Feb 1993025,11217.90$0
Jan 1993029,65116.93$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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/137338 is the state's own key, not one this site invented.