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 140580District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$34 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 Gas111992-03-14124971
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
CondensateDisposition1,113 bbl$30,562
GasProduction1,083,422 Mcf$1,705,654
Total$1,736,216

584,593 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 27.4012, -99.1871. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40115, -99.18706 · 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
11,241 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 11,241 ft.

Completions filed
Dec 1991
1 of 1 wells

1 well

42-479353253211,241 ftDec 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 20262730106.413.05$2,436
Apr 2026370398.932.87$2,314
Mar 2026268689.753.15$2,340
Feb 2026162563.503.75$2,407
Jan 2026174059.138.00$5,978
Dec 2025180156.664.41$3,592
Nov 2025277958.593.93$3,176
Oct 2025170759.383.30$2,396
Sep 2025140262.743.08$1,300
Aug 2025180763.933.01$2,497
Jul 2025378966.743.32$2,816
Jun 2025076566.483.13$2,393
May 2025381560.553.23$2,816
Apr 2025280562.363.54$2,977
Mar 2025273367.704.27$3,264
Feb 2025174670.884.34$3,309
Jan 2025376574.324.28$3,496
Dec 2024380168.993.12$2,707
Nov 2024283669.052.20$1,976
Oct 2024387471.372.28$2,208
Sep 2024283469.612.36$2,111
Aug 2024287575.632.06$1,957
Jul 2024290779.932.15$2,107
Jun 2024288678.082.63$2,490
May 2024287578.812.20$2,081
Apr 2024288084.451.66$1,629
Mar 2024291180.301.55$1,568
Feb 2024486676.091.78$1,849
Jan 2024290873.023.30$3,140
Dec 2023387971.262.61$2,509
Nov 2023186377.892.81$2,501
Oct 2023395185.443.09$3,192
Sep 2023042589.042.74$1,162
Aug 2023042080.522.67$1,123
Jul 2023141374.852.64$1,166
Jun 2023159068.962.26$1,401
May 2023392570.622.23$2,272
Apr 2023494578.122.24$2,427
Mar 202351,01672.852.39$2,796
Feb 2023388675.112.47$2,410
Jan 2023497876.533.39$3,619
Dec 2022490176.415.73$5,468
Nov 2022369585.005.65$4,179
Oct 2022499187.185.86$6,160
Sep 2022191684.888.16$7,563
Aug 202231,01994.529.13$9,584
Jul 20224963101.587.54$7,669
Jun 20221911115.097.98$7,382
May 20220546109.378.43$4,604
Apr 2022093104.226.84$636
Mar 20220320108.885.08$1,624
Feb 2022021491.054.86$1,040
Jan 2022034281.844.54$1,552
Dec 2021236271.323.90$1,554
Nov 2021036077.435.24$1,885
Oct 2021238479.795.71$2,354
Sep 2021052969.865.35$2,831
Aug 2021170366.024.22$3,033
Jul 2021037070.783.98$1,473
Jun 2021021869.493.38$737
May 202136763.483.02$393
Apr 2021022160.362.76$610
Mar 2021134761.302.72$1,004
Feb 2021132157.805.55$1,839
Jan 2021136450.412.81$1,073
Dec 2020179244.642.68$2,164
Nov 2020273438.772.71$2,064
Oct 2020177636.972.48$1,960
Sep 2020018437.091.99$366
Aug 2020836039.982.39$1,178
Jul 2020029038.371.83$529
Jun 2020027834.901.69$470
May 2020029316.921.81$532
Apr 2020129114.751.80$540
Mar 2020031130.341.86$577
Feb 2020029549.881.98$584
Jan 2020031557.252.09$660
Dec 2019131659.012.30$787
Nov 2019129955.302.75$878
Oct 2019134553.472.42$888
Sep 2019134455.052.66$969
Aug 2019133953.112.30$834
Jul 2019133756.272.46$885
Jun 2019135652.782.49$940
May 2019137458.482.74$1,083
Apr 2019238562.632.75$1,184
Mar 2019242656.803.06$1,418
Feb 2019241350.852.79$1,255
Jan 2019359946.033.23$2,072
Dec 201821,15646.594.19$4,932
Nov 201809852.934.24$415
Oct 2018279661.443.40$2,828
Sep 201831,04459.543.11$3,423
Aug 201831,07959.403.07$3,487
Jul 201831,06965.142.93$3,330
Jun 2018298460.183.08$3,148
May 201841,03665.382.90$3,267
Apr 2018598763.842.90$3,182
Mar 201821,02461.222.79$2,976
Feb 2018490361.782.77$2,745
Jan 2018498162.874.01$4,185
Dec 2017499657.272.92$3,139
Nov 201721,01455.423.12$3,273
Oct 201731,07849.292.98$3,364
Sep 201731,03647.523.09$3,341
Aug 201721,09345.373.00$3,375
Jul 201721,08543.873.09$3,437
Jun 2017099742.493.09$3,078
May 201701,10145.373.26$3,593
Apr 201701,04247.933.21$3,346
Mar 201701,07646.772.98$3,210
Feb 2017095750.452.95$2,826
Jan 201701,09449.413.42$3,740
Dec 201601,09448.763.72$4,073
Nov 201602,24142.492.64$5,926
Oct 201602,40746.193.09$7,438
Sep 201602,36941.553.10$7,345
Aug 201602,46141.442.92$7,197
Jul 201601,01941.622.92$2,980
Jun 2016087145.352.69$2,339
May 2016089042.521.99$1,772
Apr 2016090136.561.99$1,794
Mar 2016098333.011.79$1,764
Feb 2016094526.472.06$1,950
Jan 2016098227.352.36$2,322
Dec 201501,14332.362.00$2,288
Nov 201501,13538.792.17$2,460
Oct 201501,18943.552.43$2,885
Sep 201501,26042.992.76$3,476
Aug 201501,10040.162.87$3,160
Jul 201501,32348.152.95$3,896
Jun 201501,29556.152.88$3,733
May 201501,39455.212.96$4,120
Apr 201501,40749.822.71$3,808
Mar 201501,46342.892.93$4,293
Feb 201501,32844.662.98$3,952
Jan 201501,23943.433.10$3,842
Dec 201401,24954.693.59$4,486
Nov 201401,50570.464.25$6,399
Oct 201401,67378.303.90$6,526
Sep 201401,36286.164.05$5,510
Aug 201401,69289.394.04$6,827
Jul 201401,66696.564.18$6,963
Jun 201401,68498.164.74$7,977
May 201401,69294.734.73$7,997
Apr 201401,51895.944.81$7,300
Mar 201401,78895.895.06$9,042
Feb 201401,13897.406.19$7,047
Jan 201401,72390.404.86$8,375
Dec 201301,82591.824.35$7,947
Nov 201301,72488.853.74$6,445
Oct 201302,11097.423.78$7,974
Sep 201302,210104.113.72$8,216
Aug 201301,899104.253.52$6,689
Jul 201302,103102.523.72$7,818
Jun 201302,02394.403.93$7,957
May 201302,34294.834.15$9,717
Apr 201302,21093.964.28$9,465
Mar 201302,55693.623.91$10,001
Feb 201302,24991.233.42$7,691
Jan 201302,56591.603.42$8,772
Dec 201202,65886.773.42$9,091
Nov 201202,38986.953.62$8,660
Oct 201202,48289.383.40$8,438
Sep 201202,40294.672.92$7,010
Aug 201202,53892.662.91$7,381
Jul 201202,62485.133.02$7,927
Jun 201202,62879.822.52$6,620
May 201202,91991.612.49$7,263
Apr 201202,672101.652.00$5,335
Mar 201202,886105.052.22$6,413
Feb 201202,889101.102.57$7,425
Jan 201203,29698.092.73$9,012
Dec 201103,14596.873.24$10,189
Nov 201103,39995.723.31$11,255
Oct 201103,40584.983.65$12,423
Sep 201103,46483.623.99$13,807
Aug 201103,65183.404.15$15,149
Jul 201103,75194.144.52$16,944
Jun 201103,74992.904.64$17,395
May 201103,74698.134.40$16,500
Apr 201103,902105.964.33$16,908
Mar 201103,97596.364.06$16,128
Feb 201102,27185.644.18$9,493
Jan 201103,01686.504.59$13,840
Dec 201013,94185.734.35$17,220
Nov 201073,90280.843.80$15,375
Oct 201064,41978.103.51$15,974
Sep 201064,14772.633.98$16,939
Aug 201034,28173.684.42$19,140
Jul 201004,83372.554.74$22,891
Jun 201004,74570.364.91$23,300
May 201004,64971.124.24$19,690
Apr 201003,59981.694.12$14,838
Mar 201002,37778.394.39$10,432
Feb 2010030173.585.44$1,638
Jan 2010046474.365.96$2,767
Dec 2009036571.445.48$2,002
Nov 2009043374.593.75$1,624
Oct 2009045572.544.11$1,870
Sep 2009045465.543.06$1,391
Aug 2009047267.423.22$1,519
Jul 2009065361.133.46$2,262
Jun 2009043566.163.90$1,694
May 2009034454.743.93$1,350
Apr 2009032146.773.59$1,152
Mar 2009042942.144.06$1,741
Feb 2009038432.814.63$1,779
Jan 2009030635.865.37$1,644
Dec 2008028837.105.98$1,721
Nov 2008038055.496.86$2,607
Oct 2008039875.246.92$2,755
Sep 20080372101.767.88$2,930
Aug 20080451114.228.48$3,826
Jul 20080428131.0811.39$4,875
Jun 20080442131.3313.03$5,760
May 20080402123.1711.57$4,653
Apr 20080330110.3110.45$3,450
Mar 20080438101.909.66$4,233
Feb 2008039892.538.77$3,491
Jan 2008041290.388.21$3,381
Dec 2007072388.337.30$5,279
Nov 2007034891.677.29$2,538
Oct 2007041282.856.92$2,852
Sep 2007053475.846.24$3,334
Aug 2007054669.066.39$3,488
Jul 2007048970.906.39$3,124
Jun 2007046862.007.55$3,533
May 2007052758.747.85$4,135
Apr 2007053159.617.81$4,145
Mar 2007051556.927.30$3,761
Feb 2007043155.108.22$3,541
Jan 2007046450.306.73$3,121
Dec 2006083756.656.92$5,791
Nov 2006045654.207.62$3,474
Oct 2006029054.906.01$1,744
Sep 2006027760.085.04$1,395
Aug 2006048268.717.34$3,538
Jul 2006037769.376.34$2,391
Jun 2006045866.286.38$2,924
May 2006067666.016.42$4,343
Apr 2006073464.397.36$5,403
Mar 2006011856.707.08$836
Feb 200607157.597.75$550
Jan 2006010660.598.93$947
Dec 200503854.9413.42$510
Nov 200501054.6910.59$106
Oct 2005083558.3413.80$11,519
Sep 2005011461.4512.08$1,377
Aug 200501,27061.519.80$12,442
Jul 20050855.697.84$63
Jun 2005010552.337.38$775
May 200509345.226.65$619
Apr 200501149.207.36$81
Mar 2005018350.377.15$1,309
Feb 2005041045.226.31$2,588
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20041245.286.33$58
Oct 2004374,23349.706.52$29,417
Sep 2004344,02343.245.28$22,727
Aug 200402,72442.375.55$15,120
Jul 20040038.286.08$0
Jun 2004023936.106.43$1,537
May 2004039637.486.49$2,572
Apr 2004031934.475.86$1,869
Mar 20040034.365.53$0
Feb 2004036732.455.51$2,022
Jan 200401032.036.30$63
Dec 200301730.266.30$107
Nov 200302128.804.60$97
Oct 200302228.174.76$105
Sep 2003049326.314.75$2,341
Aug 20030429.765.13$21
Jul 200303229.415.17$165
Jun 2003041428.565.98$2,477
May 2003063826.595.97$3,811
Apr 200307026.675.41$379
Mar 2003043931.146.10$2,676
Feb 2003047633.487.93$3,773
Jan 200304230.315.58$234
Dec 200204626.914.85$223
Nov 2002055224.664.14$2,284
Oct 2002040126.464.23$1,696
Sep 2002026927.443.64$978
Aug 2002038625.963.16$1,221
Jul 2002046224.583.06$1,415
Jun 200202123.733.34$70
May 200206824.663.58$244
Apr 2002022923.653.51$804
Mar 2002042522.003.10$1,319
Feb 2002064118.222.38$1,523
Jan 2002047417.172.38$1,126
Dec 2001055716.932.36$1,317
Nov 2001031318.072.41$753
Oct 2001072819.782.53$1,841
Sep 2001011924.262.25$268
Aug 200109224.873.05$281
Jul 2001015323.933.20$489
Jun 200108424.563.82$321
May 200104425.524.31$190
Apr 2001012124.685.34$646
Mar 2001012224.545.38$656
Feb 2001043827.755.77$2,526
Jan 2001048427.478.40$4,065
Dec 2000060626.889.12$5,528
Nov 2000057132.215.66$3,231
Oct 2000076431.235.15$3,931
Sep 2000059331.875.19$3,076
Aug 2000040629.644.54$1,844
Jul 2000044328.534.09$1,812
Jun 2000039429.304.40$1,733
May 2000014027.263.68$515
Apr 2000095624.513.12$2,979
Mar 200002,35928.422.86$6,746
Feb 200001,35127.622.73$3,684
Jan 200003,26325.272.48$8,094
Dec 199905,56824.282.42$13,495
Nov 199901,69123.192.43$4,116
Oct 199901,83220.982.80$5,136
Sep 199901,73121.752.62$4,533
Aug 199901,77219.262.88$5,096
Jul 199901,67417.892.37$3,971
Jun 199901,75915.942.36$4,155
May 199921,80415.792.32$4,219
Apr 1999222,20715.102.21$5,205
Mar 1999152,19712.471.84$4,226
Feb 1999142,2449.981.82$4,219
Jan 1999173,04610.381.90$5,964
Dec 1998215,6819.201.77$10,267
Nov 1998234,77010.892.19$10,676
Oct 1998265,45212.421.97$11,059
Sep 1998555,31412.592.08$11,759
Aug 1998761,34311.301.91$3,420
Jul 1998326,03511.742.24$13,878
Jun 199806,26111.242.24$14,008
May 199807,07212.622.21$15,603
Apr 199806,18213.042.51$15,488
Mar 199806,70612.802.31$15,487
Feb 199804,37913.952.30$10,068
Jan 199807,18614.702.15$15,484
Dec 199758,40816.322.41$20,354
Nov 199706,78118.193.09$20,941
Oct 199745,77919.253.15$18,280
Sep 199706,16317.742.95$18,211
Aug 199708,59317.862.55$21,953
Jul 1997722,46117.582.25$6,795
Jun 199708,34717.242.26$18,841
May 199716,81818.972.31$15,758
Apr 199709,73317.882.08$20,272
Mar 1997110,93918.951.94$21,231
Feb 199701,56320.492.21$3,448
Jan 199701,60823.483.54$5,692
Dec 199601,95223.32$0
Nov 199603,19921.97$0
Oct 199614,48323.31$23
Sep 199617,92022.22$22
Aug 199615,94320.26$20
Jul 199605,72919.55$0
Jun 199616,12918.73$19
May 199606,50119.43$0
Apr 199609,86021.51$0
Mar 1996013,15619.38$0
Feb 1996614,52116.98$102
Jan 1996012,40417.07$0
Dec 1995112,13917.19$17
Nov 1995012,69516.00$0
Oct 1995214,48215.43$31
Sep 1995114,42516.18$16
Aug 1995113,66015.92$16
Jul 1995314,21415.24$46
Jun 1995112,44816.41$16
May 1995112,24517.56$18
Apr 1995113,21017.73$18
Mar 1995079316.44$0
Feb 199503,97716.58$0
Jan 1995110,85215.92$16
Dec 1994110,29815.03$15
Nov 199419,87815.90$16
Oct 1994010,96815.58$0
Sep 1994010,89915.29$0
Aug 1994112,19716.13$16
Jul 1994110,81417.56$18
Jun 199419,02817.09$17
May 199411611,91215.88$1,842
Apr 1994112,56914.14$14
Mar 1994212,73812.46$25
Feb 1994312,73712.50$38
Jan 1994213,88812.66$25
Dec 1993415,20212.33$49
Nov 199308,51414.49$0
Oct 1993015,75515.85$0
Sep 1993012,33915.03$0
Aug 199311916,68715.66$1,864
Jul 1993019,73715.46$0
Jun 1993019,39616.79$0
May 1993021,47517.68$0
Apr 199316221,25418.05$2,924
Mar 1993014,29318.14$0
Feb 1993026,28317.90$0
Jan 1993028,79516.93$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             2 bbl  × $106.41 =       $213
Gas                  730 Mcf  × $  3.05 =     $2,223

────────────────────────────────────────────────────
Month total                                   $2,436

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/140580 is the state's own key, not one this site invented.