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 143438District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$108 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 Gas111993-03-31127173
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
CondensateDisposition37,176 bbl$991,964
GasProduction2,206,358 Mcf$5,447,217
Total$6,439,181

832,476 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 27.4298, -99.1679. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42976, -99.16793 · 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
11,250 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 11,250 ft.

Completions filed
Nov 1994
1 of 1 wells

1 well

42-479344652211,250 ftNov 1994

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 202652,259106.413.05$7,413
Apr 202692,18198.932.87$7,149
Mar 202662,26889.753.15$7,681
Feb 202642,01163.503.75$7,796
Jan 202642,27059.138.00$18,392
Dec 202522,34356.664.41$10,454
Nov 202582,31258.593.93$9,547
Oct 202542,48259.383.30$8,440
Sep 202542,35262.743.08$7,488
Aug 202542,36163.933.01$7,374
Jul 2025102,43166.743.32$8,727
Jun 202502,33666.483.13$7,309
May 202582,36460.553.23$8,126
Apr 202562,38762.363.54$8,832
Mar 202562,41767.704.27$10,723
Feb 202542,25570.884.34$10,072
Jan 202592,46874.324.28$11,229
Dec 202492,48468.993.12$8,374
Nov 202442,42969.052.20$5,616
Oct 202492,44371.372.28$6,216
Sep 202452,40069.612.36$6,023
Aug 202462,69075.632.06$6,005
Jul 202472,71679.932.15$6,390
Jun 202472,59478.082.63$7,379
May 202442,89978.812.20$6,689
Apr 202462,63484.451.66$4,877
Mar 202462,17780.301.55$3,846
Feb 202482,01376.091.78$4,199
Jan 202442,05473.023.30$7,065
Dec 202382,35871.262.61$6,726
Nov 202322,26377.892.81$6,509
Oct 202362,26785.443.09$7,512
Sep 202342,25989.042.74$6,535
Aug 202342,32380.522.67$6,531
Jul 202352,24574.852.64$6,305
Jun 202342,34668.962.26$5,574
May 202372,05470.622.23$5,069
Apr 202382,08778.122.24$5,295
Mar 2023102,33272.852.39$6,309
Feb 202362,12075.112.47$5,678
Jan 202382,39276.533.39$8,716
Dec 2022112,17476.415.73$13,296
Nov 202282,55685.005.65$15,112
Oct 2022102,57487.185.86$15,965
Sep 202222,46184.888.16$20,261
Aug 202262,47694.529.13$23,166
Jul 2022102,556101.587.54$20,293
Jun 202262,517115.097.98$20,769
May 202262,438109.378.43$21,216
Apr 202282,426104.226.84$17,422
Mar 202282,611108.885.08$14,126
Feb 202262,44991.054.86$12,446
Jan 202262,51081.844.54$11,881
Dec 2021102,20571.323.90$9,311
Nov 202162,34877.435.24$12,761
Oct 2021163,08779.795.71$18,915
Sep 202193,67869.865.35$20,309
Aug 2021135,14766.024.22$22,582
Jul 2021135,81370.783.98$24,068
Jun 202143,69169.493.38$12,756
May 2021123,53863.483.02$11,438
Apr 2021144,08260.362.76$12,105
Mar 2021163,74761.302.72$11,161
Feb 2021145,06557.805.55$28,910
Jan 2021135,96350.412.81$17,413
Dec 202073,97744.642.68$10,953
Nov 2020143,97738.772.71$11,307
Oct 2020133,51736.972.48$9,197
Sep 202095,08537.091.99$10,458
Aug 202076,15539.982.39$14,960
Jul 2020196,38638.371.83$12,384
Jun 2020134,19534.901.69$7,545
May 202005,42016.921.81$9,836
Apr 2020134,05514.751.80$7,509
Mar 2020104,46830.341.86$8,597
Feb 2020114,68149.881.98$9,820
Jan 2020154,86457.252.09$11,048
Dec 2019144,41459.012.30$10,998
Nov 2019155,00355.302.75$14,591
Oct 2019124,18053.472.42$10,751
Sep 2019133,67055.052.66$10,468
Aug 2019143,75653.112.30$9,399
Jul 201993,50356.272.46$9,124
Jun 201993,32252.782.49$8,751
May 2019154,07258.482.74$12,036
Apr 2019153,98562.632.75$11,901
Mar 2019134,34356.803.06$14,037
Feb 2019174,27250.852.79$12,793
Jan 2019133,98846.033.23$13,472
Dec 201892,94246.594.19$12,733
Nov 201882,07552.934.24$9,216
Oct 201892,82661.443.40$10,156
Sep 2018103,17759.543.11$10,470
Aug 201873,45259.403.07$11,002
Jul 201893,42665.142.93$10,631
Jun 201883,14960.183.08$10,171
May 2018123,20165.382.90$10,070
Apr 2018153,13863.842.90$10,060
Mar 201863,26661.222.79$9,469
Feb 2018122,84261.782.77$8,603
Jan 2018113,23562.874.01$13,662
Dec 2017123,21257.272.92$10,071
Nov 201733,15755.423.12$10,011
Oct 201704649.292.98$137
Sep 201751,66447.523.09$5,375
Aug 201742,47045.373.00$7,602
Jul 201762,48743.873.09$7,941
Jun 201703,39742.493.09$10,487
May 201703,89745.373.26$12,717
Apr 201703,77747.933.21$12,130
Mar 201703,98846.772.98$11,899
Feb 2017363,67550.452.95$12,667
Jan 20171334,24149.413.42$21,071
Dec 20161033,96648.763.72$19,787
Nov 2016873,97242.492.64$14,200
Oct 20161203,87046.193.09$17,502
Sep 2016613,71241.553.10$14,044
Aug 2016824,06041.442.92$15,271
Jul 2016613,49541.622.92$12,759
Jun 20161263,75045.352.69$15,786
May 2016703,95242.521.99$10,845
Apr 20161484,15536.561.99$13,684
Mar 20161133,89633.011.79$10,720
Feb 2016713,97926.472.06$10,091
Jan 2016203,40827.352.36$8,605
Dec 201503,44132.362.00$6,887
Nov 201503,26338.792.17$7,072
Oct 201503,48743.552.43$8,461
Sep 201503,22642.992.76$8,899
Aug 201504,04140.162.87$11,608
Jul 201504,22748.152.95$12,449
Jun 201503,80756.152.88$10,975
May 201504,31755.212.96$12,759
Apr 201504,32149.822.71$11,695
Mar 201503,07442.892.93$9,021
Feb 201503,43544.662.98$10,223
Jan 201502,40243.433.10$7,448
Dec 201402,78754.693.59$10,009
Nov 201403,10070.464.25$13,181
Oct 201403,44178.303.90$13,423
Sep 201403,34886.164.05$13,544
Aug 201423,25789.394.04$13,321
Jul 2014183,28996.564.18$15,485
Jun 2014113,17398.164.74$16,110
May 2014113,13694.734.73$15,865
Apr 201463,18195.944.81$15,873
Mar 201473,33995.895.06$17,556
Feb 201473,56997.406.19$22,781
Jan 2014163,74390.404.86$19,640
Dec 2013134,38891.824.35$20,301
Nov 2013505,13288.853.74$23,627
Oct 2013262,13397.423.78$10,594
Sep 2013312,696104.113.72$13,250
Aug 2013414,371104.253.52$19,672
Jul 2013524,566102.523.72$22,306
Jun 2013303,95794.403.93$18,397
May 201303,77494.834.15$15,659
Apr 201303,74193.964.28$16,021
Mar 201304,11893.623.91$16,113
Feb 201303,87891.233.42$13,262
Jan 201304,82791.603.42$16,508
Dec 201274,44486.773.42$15,807
Nov 2012404,42986.953.62$19,533
Oct 2012694,99789.383.40$23,155
Sep 2012644,27794.672.92$18,541
Aug 2012564,42992.662.91$18,069
Jul 2012383,73285.133.02$14,509
Jun 2012191,70179.822.52$5,801
May 201201,77091.612.49$4,404
Apr 201201,821101.652.00$3,636
Mar 201201,857105.052.22$4,126
Feb 201201,790101.102.57$4,601
Jan 201202,00698.092.73$5,485
Dec 201101,86196.873.24$6,029
Nov 201101,76195.723.31$5,831
Oct 201101,87784.983.65$6,848
Sep 201101,85483.623.99$7,390
Aug 201101,90983.404.15$7,921
Jul 201101,88394.144.52$8,506
Jun 201102,00592.904.64$9,303
May 201131,88698.134.40$8,602
Apr 201141,795105.964.33$8,202
Mar 201162,01496.364.06$8,750
Feb 201141,96385.644.18$8,548
Jan 201152,09386.504.59$10,037
Dec 2010232,16485.734.35$11,380
Nov 2010282,81680.843.80$12,951
Oct 2010253,33178.103.51$13,641
Sep 2010273,43672.633.98$15,634
Aug 2010253,00773.684.42$15,131
Jul 2010223,43272.554.74$17,852
Jun 2010163,03770.364.91$16,039
May 201003,01471.124.24$12,765
Apr 201003,11081.694.12$12,822
Mar 201003,62378.394.39$15,900
Feb 201003,56673.585.44$19,407
Jan 201004,09774.365.96$24,435
Dec 2009634,10771.445.48$27,022
Nov 20092603,92774.593.75$34,126
Oct 20092394,21172.544.11$34,645
Sep 20091141,81665.543.06$13,037
Aug 20091442,58067.423.22$18,012
Jul 20092343,91161.133.46$27,854
Jun 20091823,63466.163.90$26,196
May 2009273,72854.743.93$16,113
Apr 2009303,67746.773.59$14,594
Mar 2009192,85642.144.06$12,393
Feb 200991,69732.814.63$8,157
Jan 2009223,45735.865.37$19,356
Dec 2008213,25337.105.98$20,223
Nov 2008222,58855.496.86$18,975
Oct 2008172,02775.246.92$15,310
Sep 2008201,920101.767.88$17,159
Aug 2008152,021114.228.48$18,857
Jul 2008102,027131.0811.39$24,397
Jun 200853,294131.3313.03$43,586
May 200804,175123.1711.57$48,323
Apr 200802,172110.3110.45$22,708
Mar 200802,196101.909.66$21,222
Feb 200802,01992.538.77$17,708
Jan 200803,16290.388.21$25,947
Dec 200712,95388.337.30$21,651
Nov 2007232,79191.677.29$22,460
Oct 2007213,22782.856.92$24,077
Sep 2007163,45275.846.24$22,768
Aug 2007132,42169.066.39$16,363
Jul 2007294,22670.906.39$29,052
Jun 20071694,61162.007.55$45,284
May 20071464,75758.747.85$45,901
Apr 20071564,20459.617.81$42,112
Mar 20071523,87956.927.30$36,976
Feb 20071192,62855.108.22$28,149
Jan 20071803,25650.306.73$30,957
Dec 20062093,40956.656.92$35,425
Nov 20061333,16654.207.62$31,326
Oct 20061223,23854.906.01$26,170
Sep 20061103,04860.085.04$21,962
Aug 20061153,08668.717.34$30,553
Jul 2006553,04869.376.34$23,148
Jun 2006793,79266.286.38$29,444
May 2006241,12166.016.42$8,787
Apr 2006311,35564.397.36$11,970
Mar 2006301,06456.707.08$9,237
Feb 2006783,16857.597.75$29,048
Jan 20061624,09360.598.93$46,380
Dec 20052192,19654.9413.42$41,492
Nov 20052133,13654.6910.59$44,854
Oct 20051953,52058.3413.80$59,937
Sep 2005922,02561.4512.08$30,113
Aug 20051532,69161.519.80$35,774
Jul 200503,36255.697.84$26,370
Jun 2005097952.337.38$7,226
May 200501,94045.226.65$12,903
Apr 200501,44349.207.36$10,621
Mar 200502,51950.377.15$18,023
Feb 200502,96545.226.31$18,715
Jan 200503,14843.166.32$19,902
Dec 200473,88939.866.75$26,534
Nov 200474,09845.286.33$26,259
Oct 200464,29949.706.52$28,307
Sep 200464,28243.245.28$22,885
Aug 200474,75842.375.55$26,707
Jul 2004115,00638.286.08$30,878
Jun 2004784,64736.106.43$32,710
May 2004735,01037.486.49$35,274
Apr 2004805,00734.475.86$32,091
Mar 20041085,54934.365.53$34,398
Feb 20041086,47632.455.51$39,185
Jan 2004192,02532.036.30$13,365
Dec 200327230.266.30$514
Nov 2003304,34228.804.60$20,816
Oct 2003304,62028.174.76$22,835
Sep 2003274,09426.314.75$20,154
Aug 2003294,65729.765.13$24,752
Jul 2003184,64029.415.17$24,522
Jun 2003174,53028.565.98$27,588
May 2003184,41226.595.97$26,830
Apr 20031154,56726.675.41$27,762
Mar 20031515,11931.146.10$35,908
Feb 20031324,71833.487.93$41,814
Jan 2003963,70430.315.58$23,586
Dec 2002585,40126.914.85$27,776
Nov 2002515,50724.664.14$24,040
Oct 2002556,24526.464.23$27,866
Sep 2002404,99027.443.64$19,237
Aug 2002405,45725.963.16$18,305
Jul 200205,37924.583.06$16,469
Jun 200204,57423.733.34$15,269
May 200206,27424.663.58$22,486
Apr 200202,68623.653.51$9,434
Mar 200205,64422.003.10$17,512
Feb 200205,45618.222.38$12,962
Jan 200274,01417.172.38$9,656
Dec 20015885,75316.932.36$23,557
Nov 20017895,47918.072.41$27,437
Oct 20016985,93819.782.53$28,823
Sep 20016135,44724.262.25$27,134
Aug 20015745,60124.873.05$31,376
Jul 20013345,78123.933.20$26,475
Jun 20012735,37324.563.82$27,252
May 2001175,88825.524.31$25,795
Apr 2001195,58124.685.34$30,245
Mar 2001165,80924.545.38$31,624
Feb 2001115,02327.755.77$29,273
Jan 2001475,72627.478.40$49,382
Dec 2000786,31126.889.12$59,669
Nov 2000576,00432.215.66$35,807
Oct 2000646,06131.235.15$33,186
Sep 2000575,90231.875.19$32,427
Aug 2000606,03029.644.54$29,159
Jul 2000525,12828.534.09$22,456
Jun 200006,10529.304.40$26,845
May 200006,14127.263.68$22,597
Apr 200005,88924.513.12$18,350
Mar 200006,11928.422.86$17,499
Feb 200005,96427.622.73$16,261
Jan 200005,68625.272.48$14,104
Dec 199905,96024.282.42$14,445
Nov 199906,17823.192.43$15,037
Oct 199926,77520.982.80$19,037
Sep 1999386,37021.752.62$17,509
Aug 1999386,83019.262.88$20,372
Jul 19990117.892.37$2
Jun 19990215.942.36$5
May 19990315.792.32$7
Apr 19990115.102.21$2
Mar 19997212.471.84$91
Feb 19992034,8029.981.82$10,755
Jan 19991317,33210.381.90$15,290
Dec 19981546,6409.201.77$13,192
Nov 19981537,62210.892.19$18,326
Oct 19981808,56712.421.97$19,106
Sep 19981607,39312.592.08$17,411
Aug 19982248,13411.301.91$18,046
Jul 19981867,65511.742.24$19,310
Jun 19981617,31011.242.24$18,164
May 19981707,48712.622.21$18,664
Apr 199807,74913.042.51$19,414
Mar 19981707,73412.802.31$20,037
Feb 19981426,17713.952.30$16,183
Jan 19981617,34014.702.15$18,183
Dec 19971637,78416.322.41$21,428
Nov 19971457,99718.193.09$27,334
Oct 19971528,92719.253.15$31,044
Sep 19971308,13517.742.95$26,344
Aug 19971408,85717.862.55$25,128
Jul 199716811,04117.582.25$27,762
Jun 1997013,84317.242.26$31,246
May 199714413,12218.972.31$33,024
Apr 199730012,30417.882.08$30,991
Mar 199715413,10618.951.94$28,333
Feb 199716912,05520.492.21$30,055
Jan 199715614,18523.483.54$53,874
Dec 199614612,92923.32$3,405
Nov 19961598,71021.97$3,493
Oct 19961508,73023.31$3,497
Sep 19961538,94322.22$3,400
Aug 19963019,06720.26$6,098
Jul 19961629,21219.55$3,167
Jun 19961558,76818.73$2,903
May 19961579,13619.43$3,051
Apr 19963189,34321.51$6,840
Mar 19961449,57519.38$2,791
Feb 19961688,83216.98$2,853
Jan 19961649,97517.07$2,799
Dec 199530810,54017.19$5,295
Nov 199516111,00216.00$2,576
Oct 199531611,43615.43$4,876
Sep 199513311,65716.18$2,152
Aug 199528612,39515.92$4,553
Jul 199527713,13315.24$4,221
Jun 199528513,06616.41$4,677
May 199529213,69317.56$5,128
Apr 199528112,84417.73$4,982
Mar 199531213,50316.44$5,129
Feb 199515812,64016.58$2,620
Jan 199540414,43515.92$6,432
Dec 199428214,87615.03$4,238
Nov 199428914,27015.90$4,595
Oct 199428015,23115.58$4,362
Sep 199426616,18715.29$4,067
Aug 199442617,03816.13$6,871
Jul 199427318,23217.56$4,794
Jun 199442117,16117.09$7,195
May 199428619,07115.88$4,542
Apr 199441918,35114.14$5,925
Mar 199445119,93512.46$5,619
Feb 199429118,89612.50$3,638
Jan 199444821,79512.66$5,672
Dec 199348322,88512.33$5,955
Nov 199348922,62514.49$7,086
Oct 199363925,07815.85$10,128
Sep 199363027,10315.03$9,469
Aug 199367526,72615.66$10,571
Jul 199378526,29015.46$12,136
Jun 199390928,03216.79$15,262
May 199393330,66017.68$16,495
Apr 19931,04630,06318.05$18,880
Mar 19931,06936,35218.14$19,392
Feb 19931,22836,88917.90$21,981
Jan 19931,46045,16616.93$24,718

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             5 bbl  × $106.41 =       $532
Gas                2,259 Mcf  × $  3.05 =     $6,881

────────────────────────────────────────────────────
Month total                                   $7,413

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/143438 is the state's own key, not one this site invented.