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 139638District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$8 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 Gas111992-03-20124863
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
CondensateDisposition804 bbl$15,572
GasProduction1,031,417 Mcf$1,457,051
Total$1,472,623

603,599 Mcf of this lease's gas, across 46 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 27.3914, -99.1907. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39144, -99.19072 · 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
Aug 1991
1 of 1 wells

1 well

42-479352333111,000 ftAug 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 20261145106.413.05$548
Apr 2026240698.932.87$1,363
Mar 2026141789.753.15$1,403
Feb 2026024463.503.75$915
Jan 2026013859.138.00$1,104
Dec 2025014056.664.41$618
Nov 2025115258.593.93$655
Oct 2025015259.383.30$502
Sep 2025013562.743.08$415
Aug 2025011963.933.01$359
Jul 2025010266.743.32$338
Jun 202506966.483.13$216
May 202506960.553.23$223
Apr 202508362.363.54$294
Mar 202505267.704.27$222
Feb 202505370.884.34$230
Jan 202504574.324.28$193
Dec 202404068.993.12$125
Nov 202404869.052.20$106
Oct 202408071.372.28$183
Sep 202408369.612.36$196
Aug 2024011575.632.06$237
Jul 2024012479.932.15$266
Jun 2024011478.082.63$300
May 202409878.812.20$215
Apr 2024012784.451.66$211
Mar 2024017480.301.55$269
Feb 2024115576.091.78$353
Jan 2024119073.023.30$700
Dec 2023014771.262.61$384
Nov 2023013377.892.81$373
Oct 2023016685.443.09$512
Sep 2023118089.042.74$581
Aug 2023020180.522.67$537
Jul 2023015274.852.64$402
Jun 2023014068.962.26$316
May 2023015670.622.23$347
Apr 2023015078.122.24$336
Mar 2023115772.852.39$449
Feb 2023013975.112.47$343
Jan 2023114576.533.39$568
Dec 2022014876.415.73$848
Nov 2022014785.005.65$830
Oct 2022015987.185.86$932
Sep 2022014984.888.16$1,216
Aug 2022015594.529.13$1,415
Jul 20220157101.587.54$1,184
Jun 20220144115.097.98$1,149
May 20220147109.378.43$1,240
Apr 20220147104.226.84$1,005
Mar 20221152108.885.08$880
Feb 2022013691.054.86$661
Jan 2022015081.844.54$681
Dec 2021015471.323.90$600
Nov 2021014577.435.24$759
Oct 2021015479.795.71$880
Sep 2021015269.865.35$813
Aug 2021015566.024.22$654
Jul 2021115770.783.98$696
Jun 2021015769.493.38$531
May 20210063.483.02$0
Apr 2021012360.362.76$339
Mar 2021114861.302.72$463
Feb 2021013257.805.55$732
Jan 2021015150.412.81$424
Dec 2020014744.642.68$393
Nov 2020015038.772.71$406
Oct 2020014236.972.48$352
Sep 2020014637.091.99$291
Aug 2020015839.982.39$377
Jul 2020015738.371.83$287
Jun 2020015134.901.69$255
May 2020015516.921.81$281
Apr 2020015014.751.80$271
Mar 2020015130.341.86$280
Feb 2020014149.881.98$279
Jan 2020015257.252.09$318
Dec 2019014259.012.30$327
Nov 2019113655.302.75$429
Oct 2019014753.472.42$356
Sep 2019014355.052.66$380
Aug 2019015253.112.30$350
Jul 2019116356.272.46$457
Jun 2019116152.782.49$454
May 2019115658.482.74$486
Apr 2019143062.632.75$1,245
Mar 201918156.803.06$305
Feb 2019015450.852.79$430
Jan 2019138146.033.23$1,276
Dec 2018117246.594.19$766
Nov 201805052.934.24$212
Oct 2018010561.443.40$357
Sep 2018013059.543.11$404
Aug 2018013759.403.07$420
Jul 2018013765.142.93$402
Jun 2018012760.183.08$391
May 2018112865.382.90$437
Apr 2018012563.842.90$363
Mar 2018018661.222.79$518
Feb 20180761.782.77$19
Jan 201808462.874.01$337
Dec 2017119357.272.92$621
Nov 201709355.423.12$290
Oct 2017114849.292.98$491
Sep 2017014647.523.09$451
Aug 2017015445.373.00$463
Jul 2017015343.873.09$472
Jun 2017014642.493.09$451
May 2017014945.373.26$486
Apr 2017015147.933.21$485
Mar 2017015646.772.98$465
Feb 2017014050.452.95$413
Jan 2017017549.413.42$598
Dec 2016019748.763.72$733
Nov 2016014142.492.64$373
Oct 2016016546.193.09$510
Sep 2016016441.553.10$509
Aug 2016017741.442.92$518
Jul 2016021541.622.92$629
Jun 2016037245.352.69$999
May 2016084642.521.99$1,684
Apr 201601,17336.561.99$2,335
Mar 201601,09733.011.79$1,968
Feb 201601,24726.472.06$2,573
Jan 201601,11327.352.36$2,632
Dec 2015080732.362.00$1,615
Nov 2015095438.792.17$2,068
Oct 201501,20043.552.43$2,912
Sep 201501,39942.992.76$3,859
Aug 201501,48840.162.87$4,274
Jul 201501,47448.152.95$4,341
Jun 201501,36056.152.88$3,921
May 201501,99555.212.96$5,896
Apr 2015063549.822.71$1,719
Mar 2015088542.892.93$2,597
Feb 201501,31044.662.98$3,899
Jan 201501,28543.433.10$3,984
Dec 2014098954.693.59$3,552
Nov 201401,08670.464.25$4,618
Oct 201401,02678.303.90$4,002
Sep 201401,34086.164.05$5,421
Aug 201401,43289.394.04$5,778
Jul 201401,21196.564.18$5,062
Jun 201401,17398.164.74$5,556
May 2014061194.734.73$2,888
Apr 2014045395.944.81$2,179
Mar 2014030995.895.06$1,563
Feb 2014058697.406.19$3,629
Jan 201401,73790.404.86$8,443
Dec 201301,47891.824.35$6,436
Nov 201301,35988.853.74$5,080
Oct 201301,86397.423.78$7,041
Sep 201301,965104.113.72$7,305
Aug 201301,806104.253.52$6,362
Jul 201301,215102.523.72$4,517
Jun 201302,16994.403.93$8,532
May 201302,22094.834.15$9,211
Apr 201302,07593.964.28$8,886
Mar 201302,29193.623.91$8,964
Feb 201302,11991.233.42$7,247
Jan 201302,19791.603.42$7,514
Dec 201201,65386.773.42$5,654
Nov 201202,14186.953.62$7,761
Oct 201202,37289.383.40$8,064
Sep 201202,27594.672.92$6,639
Aug 201202,44192.662.91$7,099
Jul 201202,44785.133.02$7,392
Jun 201202,41679.822.52$6,086
May 201202,49291.612.49$6,201
Apr 201201,890101.652.00$3,774
Mar 20120983105.052.22$2,184
Feb 201202,012101.102.57$5,171
Jan 201201,95298.092.73$5,337
Dec 201102,26996.873.24$7,351
Nov 201102,39695.723.31$7,934
Oct 201102,40984.983.65$8,789
Sep 201102,50783.623.99$9,992
Aug 201102,70483.404.15$11,220
Jul 201103,00494.144.52$13,570
Jun 201102,72192.904.64$12,625
May 201102,35498.134.40$10,369
Apr 201102,547105.964.33$11,037
Mar 201102,69996.364.06$10,951
Feb 201102,34985.644.18$9,819
Jan 2011098086.504.59$4,497
Dec 2010055285.734.35$2,400
Nov 201002,64680.843.80$10,042
Oct 201002,07478.103.51$7,277
Sep 201001,15172.633.98$4,580
Aug 2010022573.684.42$994
Jul 2010015472.554.74$729
Jun 2010026970.364.91$1,321
May 2010024571.124.24$1,038
Apr 2010016981.694.12$697
Mar 2010022878.394.39$1,001
Feb 2010016373.585.44$887
Jan 2010019174.365.96$1,139
Dec 2009018071.445.48$987
Nov 2009019274.593.75$720
Oct 2009018372.544.11$752
Sep 2009011865.543.06$362
Aug 2009019967.423.22$640
Jul 2009026761.133.46$925
Jun 2009026366.163.90$1,024
May 2009031054.743.93$1,217
Apr 2009020346.773.59$728
Mar 2009028242.144.06$1,145
Feb 2009024832.814.63$1,149
Jan 2009027335.865.37$1,466
Dec 2008030137.105.98$1,799
Nov 2008021555.496.86$1,475
Oct 2008028275.246.92$1,952
Sep 20080266101.767.88$2,095
Aug 20080285114.228.48$2,418
Jul 20080279131.0811.39$3,178
Jun 20080279131.3313.03$3,636
May 20080301123.1711.57$3,484
Apr 20080302110.3110.45$3,157
Mar 20080313101.909.66$3,025
Feb 2008030292.538.77$2,649
Jan 2008032290.388.21$2,642
Dec 2007030788.337.30$2,242
Nov 2007028091.677.29$2,042
Oct 2007024982.856.92$1,724
Sep 2007023675.846.24$1,474
Aug 2007024569.066.39$1,565
Jul 2007010170.906.39$645
Jun 200703262.007.55$242
May 200702358.747.85$180
Apr 200709659.617.81$749
Mar 2007049156.927.30$3,585
Feb 2007020555.108.22$1,684
Jan 2007017350.306.73$1,164
Dec 2006014156.656.92$976
Nov 200607154.207.62$541
Oct 2006013954.906.01$836
Sep 200607360.085.04$368
Aug 200607068.717.34$514
Jul 200609669.376.34$609
Jun 200606466.286.38$409
May 200603466.016.42$218
Apr 200606864.397.36$501
Mar 200607456.707.08$524
Feb 200606057.597.75$465
Jan 2006010260.598.93$911
Dec 200506754.9413.42$899
Nov 200506054.6910.59$635
Oct 2005013158.3413.80$1,807
Sep 200503161.4512.08$374
Aug 2005014461.519.80$1,411
Jul 2005030455.697.84$2,384
Jun 2005030252.337.38$2,229
May 2005028145.226.65$1,869
Apr 2005027849.207.36$2,046
Mar 2005027150.377.15$1,939
Feb 2005023545.226.31$1,483
Jan 2005023943.166.32$1,511
Dec 2004026239.866.75$1,769
Nov 2004044645.286.33$2,823
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200402642.375.55$144
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200401837.486.49$117
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040932.455.51$50
Jan 20040032.036.30$0
Dec 200302930.266.30$183
Nov 20030028.804.60$0
Oct 20030228.174.76$10
Sep 20030226.314.75$10
Aug 20030029.765.13$0
Jul 2003042829.415.17$2,213
Jun 2003033728.565.98$2,016
May 200301,64326.595.97$9,813
Apr 2003081226.675.41$4,391
Mar 200304,79631.146.10$29,237
Feb 200305833.487.93$460
Jan 2003021230.315.58$1,183
Dec 2002017126.914.85$830
Nov 2002075624.664.14$3,128
Oct 2002056726.464.23$2,398
Sep 2002021127.443.64$767
Aug 2002052125.963.16$1,649
Jul 2002095224.583.06$2,915
Jun 2002063923.733.34$2,133
May 2002052124.663.58$1,867
Apr 200201,43023.653.51$5,023
Mar 200202,11522.003.10$6,562
Feb 200202,42518.222.38$5,761
Jan 200202,29217.172.38$5,445
Dec 200102,11016.932.36$4,989
Nov 200103,08018.072.41$7,409
Oct 200103,72819.782.53$9,428
Sep 200103,19324.262.25$7,188
Aug 200102,69824.873.05$8,237
Jul 200101,85623.933.20$5,934
Jun 200112,40224.563.82$9,210
May 2001644,42325.524.31$20,685
Apr 2001774,58924.685.34$26,384
Mar 2001725,33324.545.38$30,439
Feb 2001545,13627.755.77$31,118
Jan 2001424,24527.478.40$36,806
Dec 200005,28526.889.12$48,212
Nov 200002,99132.215.66$16,923
Oct 200004,73631.235.15$24,369
Sep 200004,85131.875.19$25,160
Aug 200002,20429.644.54$10,008
Jul 200003,66728.534.09$14,997
Jun 200004,52629.304.40$19,902
May 200004,05827.263.68$14,932
Apr 200002,11924.513.12$6,603
Mar 200002,42528.422.86$6,935
Feb 2000061927.622.73$1,688
Jan 200002,06125.272.48$5,112
Dec 199903,55324.282.42$8,611
Nov 199901,64723.192.43$4,009
Oct 199902,49820.982.80$7,004
Sep 1999077221.752.62$2,022
Aug 199902,50419.262.88$7,201
Jul 1999079417.892.37$1,884
Jun 199902,10515.942.36$4,972
May 199942,12515.792.32$4,995
Apr 1999722,60415.102.21$6,837
Mar 1999271,37812.471.84$2,870
Feb 1999361,8589.981.82$3,737
Jan 1999401,91910.381.90$4,061
Dec 1998464,6769.201.77$8,715
Nov 1998464,07010.892.19$9,397
Oct 1998544,62212.421.97$9,772
Sep 1998174,23912.592.08$9,042
Aug 1998263,78611.301.91$7,515
Jul 1998454,83711.742.24$11,350
Jun 199814,78511.242.24$10,717
May 199806,48012.622.21$14,297
Apr 199804,35713.042.51$10,916
Mar 199803,69012.802.31$8,522
Feb 199812,95813.952.30$6,815
Jan 199805,47314.702.15$11,793
Dec 199705,10516.322.41$12,309
Nov 199705,75418.193.09$17,770
Oct 199726,60719.253.15$20,849
Sep 199705,81017.742.95$17,168
Aug 199707,17217.862.55$18,323
Jul 199705,93117.582.25$13,327
Jun 199709,05117.242.26$20,430
May 1997110,61318.972.31$24,519
Apr 1997111,90517.882.08$24,813
Mar 1997213,41418.951.94$26,050
Feb 199707,89720.492.21$17,420
Jan 199729,99523.483.54$35,426
Dec 1996013,04123.32$0
Nov 1996212,98921.97$44
Oct 1996212,93423.31$47
Sep 1996312,26322.22$67
Aug 1996110,06220.26$20
Jul 199618,86919.55$20
Jun 199618,42218.73$19
May 199608,78519.43$0
Apr 199628,93521.51$43
Mar 1996210,31619.38$39
Feb 199639,59516.98$51
Jan 1996110,19017.07$17
Dec 1995110,26117.19$17
Nov 1995111,32616.00$16
Oct 1995111,61715.43$15
Sep 1995411,43216.18$65
Aug 199519,95815.92$16
Jul 1995110,71515.24$15
Jun 1995111,47516.41$16
May 1995013,59817.56$0
Apr 1995113,74617.73$18
Mar 1995114,53616.44$16
Feb 1995113,46616.58$17
Jan 1995214,85315.92$32
Dec 199438,86115.03$45
Nov 199416,94715.90$16
Oct 199408,82015.58$0
Sep 199409,17215.29$0
Aug 1994113,77616.13$16
Jul 1994013,09917.56$0
Jun 1994010,69117.09$0
May 1994014,45515.88$0
Apr 1994014,99814.14$0
Mar 1994115,04012.46$12
Feb 199409,36512.50$0
Jan 1994114,47412.66$13
Dec 1993017,92312.33$0
Nov 1993216,83814.49$29
Oct 1993017,90515.85$0
Sep 1993013,21615.03$0
Aug 1993020,32215.66$0
Jul 1993034,40015.46$0
Jun 199301,95416.79$0
May 19935017.68$88
Apr 19930018.05$0
Mar 199308,80018.14$0
Feb 1993025,78017.90$0
Jan 1993033,37916.93$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             1 bbl  × $106.41 =       $106
Gas                  145 Mcf  × $  3.05 =       $442

────────────────────────────────────────────────────
Month total                                     $548

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/139638 is the state's own key, not one this site invented.