B.M.T.

Name: B.M.T. lease production and value, May 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 145754District 04Field 047892372 tax incentive programmesCondensateGasSave Export

Value, all time

$16.9 M

May 1993 – Jul 2019

Value, last 12 filed months

at the published price for each month

Months reported

315

no gaps in the span

Streams

condensate, gas

The B.M.T. (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1993-07-23	129279
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,496 bbl	$161,260
Gas	Production	7,861,920 Mcf	$16,749,200
Total			$16,910,460

4,265,971 Mcf of this lease's gas, across 44 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 27.3520, -99.1762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35205, -99.17615 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

12,200 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

1100.0%

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.

00.0%

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 12,200 ft.

Completions filed

Apr 2018

1 of 1 wells

1 well


42-47935771	35	12,200 ft	Apr 2018	—	Yes

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 (315)

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

315 months


Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	10	54.69	3.59	$36
Nov 2014	0	18	70.46	4.25	$77
Oct 2014	0	8	78.30	3.90	$31
Sep 2014	0	137	86.16	4.05	$554
Aug 2014	0	5,121	89.39	4.04	$20,664
Jul 2014	0	6,664	96.56	4.18	$27,853
Jun 2014	0	8,592	98.16	4.74	$40,699
May 2014	0	10,514	94.73	4.73	$49,695
Apr 2014	0	8,096	95.94	4.81	$38,935
Mar 2014	0	3,827	95.89	5.06	$19,352
Feb 2014	0	4,274	97.40	6.19	$26,465
Jan 2014	0	7,347	90.40	4.86	$35,712
Dec 2013	0	9,324	91.82	4.35	$40,601
Nov 2013	0	4,915	88.85	3.74	$18,374
Oct 2013	0	9,850	97.42	3.78	$37,227
Sep 2013	0	9,779	104.11	3.72	$36,356
Aug 2013	0	8,630	104.25	3.52	$30,400
Jul 2013	0	10,728	102.52	3.72	$39,884
Jun 2013	0	10,816	94.40	3.93	$42,544
May 2013	0	10,587	94.83	4.15	$43,926
Apr 2013	0	10,004	93.96	4.28	$42,843
Mar 2013	0	9,259	93.62	3.91	$36,229
Feb 2013	0	11,302	91.23	3.42	$38,652
Jan 2013	0	5,890	91.60	3.42	$20,143
Dec 2012	0	6,538	86.77	3.42	$22,361
Nov 2012	0	10,733	86.95	3.62	$38,907
Oct 2012	0	2,941	89.38	3.40	$9,998
Sep 2012	0	9,491	94.67	2.92	$27,699
Aug 2012	0	10,044	92.66	2.91	$29,210
Jul 2012	2	10,609	85.13	3.02	$32,218
Jun 2012	0	8,904	79.82	2.52	$22,430
May 2012	0	8,412	91.61	2.49	$20,932
Apr 2012	5	8,245	101.65	2.00	$16,972
Mar 2012	0	8,717	105.05	2.22	$19,370
Feb 2012	5	9,437	101.10	2.57	$24,761
Jan 2012	4	8,600	98.09	2.73	$23,905
Dec 2011	0	9,817	96.87	3.24	$31,805
Nov 2011	0	9,627	95.72	3.31	$31,878
Oct 2011	0	7,411	84.98	3.65	$27,039
Sep 2011	0	9,228	83.62	3.99	$36,781
Aug 2011	0	8,563	83.40	4.15	$35,531
Jul 2011	0	7,543	94.14	4.52	$34,074
Jun 2011	0	7,566	92.90	4.64	$35,105
May 2011	0	8,585	98.13	4.40	$37,815
Apr 2011	0	7,384	105.96	4.33	$31,997
Mar 2011	0	8,699	96.36	4.06	$35,295
Feb 2011	0	6,186	85.64	4.18	$25,857
Jan 2011	0	7,991	86.50	4.59	$36,669
Dec 2010	0	8,920	85.73	4.35	$38,782
Nov 2010	0	9,353	80.84	3.80	$35,498
Oct 2010	0	10,669	78.10	3.51	$37,436
Sep 2010	0	10,485	72.63	3.98	$41,725
Aug 2010	0	12,431	73.68	4.42	$54,937
Jul 2010	0	12,196	72.55	4.74	$57,766
Jun 2010	0	13,508	70.36	4.91	$66,330
May 2010	0	10,118	71.12	4.24	$42,852
Apr 2010	0	908	81.69	4.12	$3,743
Mar 2010	0	1,674	78.39	4.39	$7,347
Feb 2010	0	3,161	73.58	5.44	$17,203
Jan 2010	0	8,076	74.36	5.96	$48,166
Dec 2009	0	11,808	71.44	5.48	$64,752
Nov 2009	0	10,386	74.59	3.75	$38,963
Oct 2009	0	8,514	72.54	4.11	$34,995
Sep 2009	0	11,231	65.54	3.06	$34,420
Aug 2009	0	14,040	67.42	3.22	$45,188
Jul 2009	0	17,314	61.13	3.46	$59,984
Jun 2009	0	10,995	66.16	3.90	$42,826
May 2009	0	13,982	54.74	3.93	$54,890
Apr 2009	0	18,573	46.77	3.59	$66,631
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	1,259	35.86	5.37	$6,762
Dec 2008	0	55	37.10	5.98	$329
Nov 2008	0	14	55.49	6.86	$96
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	3,366	101.76	7.88	$26,514
Aug 2008	0	6,754	114.22	8.48	$57,294
Jul 2008	0	11,716	131.08	11.39	$133,439
Jun 2008	0	13,812	131.33	13.03	$180,007
May 2008	0	15,684	123.17	11.57	$181,531
Apr 2008	0	15,254	110.31	10.45	$159,478
Mar 2008	0	16,373	101.90	9.66	$158,230
Feb 2008	0	15,290	92.53	8.77	$134,102
Jan 2008	2	14,343	90.38	8.21	$117,876
Dec 2007	3	20,216	88.33	7.30	$147,882
Nov 2007	3	19,748	91.67	7.29	$144,272
Oct 2007	2	18,705	82.85	6.92	$129,641
Sep 2007	3	19,798	75.84	6.24	$123,849
Aug 2007	4	20,109	69.06	6.39	$128,731
Jul 2007	0	17,683	70.90	6.39	$112,958
Jun 2007	0	4,723	62.00	7.55	$35,651
May 2007	0	915	58.74	7.85	$7,179
Apr 2007	0	129	59.61	7.81	$1,007
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	2,390	55.10	8.22	$19,636
Jan 2007	0	4,957	50.30	6.73	$33,345
Dec 2006	0	9,411	56.65	6.92	$65,109
Nov 2006	0	8,613	54.20	7.62	$65,609
Oct 2006	0	14,465	54.90	6.01	$86,990
Sep 2006	0	10,332	60.08	5.04	$52,044
Aug 2006	0	5,355	68.71	7.34	$39,305
Jul 2006	0	18,859	69.37	6.34	$119,618
Jun 2006	0	22,260	66.28	6.38	$142,105
May 2006	0	28,960	66.01	6.42	$186,068
Apr 2006	0	27,652	64.39	7.36	$203,532
Mar 2006	0	28,432	56.70	7.08	$201,382
Feb 2006	0	24,690	57.59	7.75	$191,375
Jan 2006	219	30,420	60.59	8.93	$285,021
Dec 2005	84	19,310	54.94	13.42	$263,666
Nov 2005	153	21,619	54.69	10.59	$237,278
Oct 2005	75	33,129	58.34	13.80	$461,415
Sep 2005	136	25,285	61.45	12.08	$313,775
Aug 2005	128	28,103	61.51	9.80	$283,194
Jul 2005	67	27,097	55.69	7.84	$216,270
Jun 2005	39	14,866	52.33	7.38	$111,767
May 2005	2	16,120	45.22	6.65	$107,307
Apr 2005	14	17,907	49.20	7.36	$132,493
Mar 2005	17	23,024	50.37	7.15	$165,590
Feb 2005	19	27,326	45.22	6.31	$173,339
Jan 2005	21	31,307	43.16	6.32	$198,835
Dec 2004	0	30,978	39.86	6.75	$209,135
Nov 2004	21	21,125	45.28	6.33	$134,681
Oct 2004	8	20,215	49.70	6.52	$132,100
Sep 2004	18	25,229	43.24	5.28	$134,086
Aug 2004	6	28,244	42.37	5.55	$157,027
Jul 2004	9	25,756	38.28	6.08	$157,049
Jun 2004	5	8,348	36.10	6.43	$53,883
May 2004	5	14,174	37.48	6.49	$92,242
Apr 2004	7	19,372	34.47	5.86	$113,731
Mar 2004	12	21,661	34.36	5.53	$120,201
Feb 2004	19	19,717	32.45	5.51	$109,250
Jan 2004	4	19,951	32.03	6.30	$125,812
Dec 2003	7	17,324	30.26	6.30	$109,381
Nov 2003	2	19,267	28.80	4.60	$88,593
Oct 2003	1	22,004	28.17	4.76	$104,759
Sep 2003	0	15,825	26.31	4.75	$75,159
Aug 2003	0	4,780	29.76	5.13	$24,520
Jul 2003	1	6,231	29.41	5.17	$32,249
Jun 2003	0	17,424	28.56	5.98	$104,247
May 2003	12	17,565	26.59	5.97	$105,229
Apr 2003	9	23,336	26.67	5.41	$126,424
Mar 2003	17	15,146	31.14	6.10	$92,860
Feb 2003	14	13,058	33.48	7.93	$103,965
Jan 2003	36	17,582	30.31	5.58	$99,235
Dec 2002	103	17,142	26.91	4.85	$85,975
Nov 2002	83	16,873	24.66	4.14	$71,850
Oct 2002	90	17,092	26.46	4.23	$74,666
Sep 2002	10	16,155	27.44	3.64	$59,001
Aug 2002	32	17,564	25.96	3.16	$56,406
Jul 2002	22	17,975	24.58	3.06	$55,576
Jun 2002	0	17,073	23.73	3.34	$56,994
May 2002	0	9,961	24.66	3.58	$35,700
Apr 2002	0	11,732	23.65	3.51	$41,207
Mar 2002	0	17,534	22.00	3.10	$54,403
Feb 2002	0	13,771	18.22	2.38	$32,715
Jan 2002	0	18,075	17.17	2.38	$42,940
Dec 2001	0	19,371	16.93	2.36	$45,801
Nov 2001	0	18,008	18.07	2.41	$43,319
Oct 2001	0	14,564	19.78	2.53	$36,831
Sep 2001	0	19,744	24.26	2.25	$44,450
Aug 2001	0	22,154	24.87	3.05	$67,640
Jul 2001	0	22,940	23.93	3.20	$73,341
Jun 2001	0	25,306	24.56	3.82	$96,774
May 2001	0	25,953	25.52	4.31	$111,788
Apr 2001	0	22,949	24.68	5.34	$122,440
Mar 2001	0	24,352	24.54	5.38	$130,927
Feb 2001	0	21,243	27.75	5.77	$122,510
Jan 2001	0	18,998	27.47	8.40	$159,560
Dec 2000	0	25,474	26.88	9.12	$232,387
Nov 2000	0	22,030	32.21	5.66	$124,646
Oct 2000	0	19,119	31.23	5.15	$98,377
Sep 2000	0	24,864	31.87	5.19	$128,957
Aug 2000	14	27,275	29.64	4.54	$124,264
Jul 2000	44	29,194	28.53	4.09	$120,651
Jun 2000	55	31,426	29.30	4.40	$139,799
May 2000	47	19,291	27.26	3.68	$72,267
Apr 2000	29	21,270	24.51	3.12	$66,988
Mar 2000	65	28,388	28.42	2.86	$83,030
Feb 2000	106	32,369	27.62	2.73	$91,182
Jan 2000	189	43,812	25.27	2.48	$113,452
Dec 1999	76	30,169	24.28	2.42	$74,966
Nov 1999	0	28,869	23.19	2.43	$70,267
Oct 1999	0	29,951	20.98	2.80	$83,974
Sep 1999	0	24,439	21.75	2.62	$64,002
Aug 1999	0	22,920	19.26	2.88	$65,909
Jul 1999	0	24,644	17.89	2.37	$58,465
Jun 1999	0	30,902	15.94	2.36	$72,994
May 1999	0	13,524	15.79	2.32	$31,389
Apr 1999	0	13,812	15.10	2.21	$30,498
Mar 1999	0	14,836	12.47	1.84	$27,273
Feb 1999	0	13,540	9.98	1.82	$24,613
Jan 1999	0	14,892	10.38	1.90	$28,294
Dec 1998	0	16,001	9.20	1.77	$28,375
Nov 1998	0	20,046	10.89	2.19	$43,815
Oct 1998	0	11,982	12.42	1.97	$23,595
Sep 1998	0	14,830	12.59	2.08	$30,885
Aug 1998	0	18,193	11.30	1.91	$34,700
Jul 1998	0	14,091	11.74	2.24	$31,525
Jun 1998	0	21,097	11.24	2.24	$47,200
May 1998	0	28,653	12.62	2.21	$63,218
Apr 1998	0	29,746	13.04	2.51	$74,524
Mar 1998	0	32,349	12.80	2.31	$74,708
Feb 1998	0	29,317	13.95	2.30	$67,404
Jan 1998	0	33,428	14.70	2.15	$72,030
Dec 1997	0	35,413	16.32	2.41	$85,384
Nov 1997	0	33,340	18.19	3.09	$102,963
Oct 1997	0	33,135	19.25	3.15	$104,369
Sep 1997	0	25,180	17.74	2.95	$74,404
Aug 1997	0	33,635	17.86	2.55	$85,929
Jul 1997	0	27,916	17.58	2.25	$62,726
Jun 1997	0	47,305	17.24	2.26	$106,777
May 1997	6	53,070	18.97	2.31	$122,626
Apr 1997	3	52,528	17.88	2.08	$109,458
Mar 1997	4	54,602	18.95	1.94	$105,957
Feb 1997	5	50,830	20.49	2.21	$112,228
Jan 1997	5	58,271	23.48	3.54	$206,379
Dec 1996	44	56,148	23.32	—	$1,026
Nov 1996	4	58,784	21.97	—	$88
Oct 1996	140	59,992	23.31	—	$3,263
Sep 1996	7	60,059	22.22	—	$156
Aug 1996	2	60,709	20.26	—	$41
Jul 1996	59	65,208	19.55	—	$1,153
Jun 1996	135	65,831	18.73	—	$2,529
May 1996	4	70,930	19.43	—	$78
Apr 1996	1	72,192	21.51	—	$22
Mar 1996	111	78,450	19.38	—	$2,151
Feb 1996	3	73,209	16.98	—	$51
Jan 1996	57	88,520	17.07	—	$973
Dec 1995	88	75,891	17.19	—	$1,513
Nov 1995	2	71,976	16.00	—	$32
Oct 1995	83	75,528	15.43	—	$1,281
Sep 1995	3	74,750	16.18	—	$49
Aug 1995	129	82,301	15.92	—	$2,054
Jul 1995	0	83,571	15.24	—	$0
Jun 1995	64	84,197	16.41	—	$1,050
May 1995	71	89,841	17.56	—	$1,247
Apr 1995	122	93,147	17.73	—	$2,163
Mar 1995	0	104,607	16.44	—	$0
Feb 1995	139	98,662	16.58	—	$2,305
Jan 1995	98	113,888	15.92	—	$1,560
Dec 1994	171	116,730	15.03	—	$2,570
Nov 1994	1	115,181	15.90	—	$16
Oct 1994	3	132,597	15.58	—	$47
Sep 1994	142	140,289	15.29	—	$2,171
Aug 1994	152	159,814	16.13	—	$2,452
Jul 1994	1	134,663	17.56	—	$18
Jun 1994	235	130,065	17.09	—	$4,016
May 1994	153	132,731	15.88	—	$2,430
Apr 1994	149	108,581	14.14	—	$2,107
Mar 1994	167	110,223	12.46	—	$2,081
Feb 1994	161	95,780	12.50	—	$2,013
Jan 1994	140	105,380	12.66	—	$1,772
Dec 1993	117	114,322	12.33	—	$1,443
Nov 1993	262	120,751	14.49	—	$3,796
Oct 1993	155	132,512	15.85	—	$2,457
Sep 1993	167	133,316	15.03	—	$2,510
Aug 1993	319	131,478	15.66	—	$4,996
Jul 1993	134	101,302	15.46	—	$2,072
Jun 1993	124	151,660	16.79	—	$2,082
May 1993	169	40,205	17.68	—	$2,988

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.

Dec 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 54.69 =         $0
Gas                   10 Mcf  × $  3.59 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/145754 is the state's own key, not one this site invented.