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 150541District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jul 1994 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
383
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 Gas111994-09-01130509
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
CondensateDisposition979 bbl$43,830
GasProduction2,524,097 Mcf$5,168,136
Total$5,211,966

1,237,045 Mcf of this lease's gas, across 30 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 27.3459, -99.1806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34589, -99.18065 · 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
11,800 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 11,800 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-479360974311,800 ftJul 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 (383)

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

383 months

May 202632,879106.413.05$9,088
Apr 202601,83098.932.87$5,252
Mar 2026127189.753.15$943
Feb 2026022163.503.75$829
Jan 2026043159.138.00$3,447
Dec 2025023356.664.41$1,028
Nov 2025128658.593.93$1,182
Oct 2025032159.383.30$1,061
Sep 2025139462.743.08$1,275
Aug 2025010363.933.01$311
Jul 2025131166.743.32$1,098
Jun 2025133066.483.13$1,099
May 2025024360.553.23$785
Apr 2025217862.363.54$755
Mar 2025045467.704.27$1,938
Feb 2025392070.884.34$4,206
Jan 2025086174.324.28$3,684
Dec 202451,32568.993.12$4,481
Nov 202451,75769.052.20$4,208
Oct 202401,91271.372.28$4,362
Sep 202451,19569.612.36$3,173
Aug 202402,10575.632.06$4,344
Jul 2024569179.932.15$1,883
Jun 2024093378.082.63$2,458
May 2024467678.812.20$1,801
Apr 202401,18484.451.66$1,964
Mar 202441,44680.301.55$2,555
Feb 202441,37876.091.78$2,762
Jan 202401,50373.023.30$4,956
Dec 202351,55571.262.61$4,416
Nov 202301,54477.892.81$4,335
Oct 202341,78185.443.09$5,840
Sep 202341,16389.042.74$3,537
Aug 202301,42880.522.67$3,817
Jul 202301,36974.852.64$3,617
Jun 202341,43468.962.26$3,515
May 202301,52170.622.23$3,388
Apr 202351,49978.122.24$3,745
Mar 202301,58372.852.39$3,788
Feb 202301,39275.112.47$3,432
Jan 202341,51776.533.39$5,445
Dec 202201,46776.415.73$8,405
Nov 202201,59585.005.65$9,006
Oct 202231,70787.185.86$10,271
Sep 202201,81684.888.16$14,825
Aug 202201,33394.529.13$12,167
Jul 202201,282101.587.54$9,669
Jun 202251,650115.097.98$13,738
May 202201,752109.378.43$14,775
Apr 202241,561104.226.84$11,090
Mar 202201,678108.885.08$8,518
Feb 202201,54391.054.86$7,497
Jan 202241,68681.844.54$7,978
Dec 202101,74871.323.90$6,816
Nov 202141,75377.435.24$9,490
Oct 202101,89379.795.71$10,816
Sep 202152,12469.865.35$11,715
Aug 2021399866.024.22$4,410
Jul 202101,88170.783.98$7,490
Jun 202141,84169.493.38$6,502
May 202151,92863.483.02$6,135
Apr 202141,91460.362.76$5,521
Mar 202142,15761.302.72$6,106
Feb 202101,39057.805.55$7,712
Jan 202151,99950.412.81$5,870
Dec 202051,99444.642.68$5,558
Nov 202041,93438.772.71$5,390
Oct 202052,20436.972.48$5,647
Sep 202052,19037.091.99$4,546
Aug 202062,40439.982.39$5,974
Jul 2020122,62438.371.83$5,250
Jun 202072,93334.901.69$5,202
May 202004,08816.921.81$7,419
Apr 202041,35214.751.80$2,499
Mar 2020130330.341.86$593
Feb 2020116449.881.98$375
Jan 2020138757.252.09$868
Dec 2019142359.012.30$1,034
Nov 2019241455.302.75$1,249
Oct 2019345453.472.42$1,258
Sep 2019149555.052.66$1,370
Aug 2019370453.112.30$1,782
Jul 2019049056.272.46$1,205
Jun 2019253352.782.49$1,433
May 2019278858.482.74$2,276
Apr 2019081362.632.75$2,236
Mar 2019266656.803.06$2,153
Feb 201941,04150.852.79$3,110
Jan 201981,73646.033.23$5,972
Dec 201801,96546.594.19$8,224
Nov 201851,91252.934.24$8,366
Oct 201801,99061.443.40$6,762
Sep 201841,98159.543.11$6,395
Aug 201841,95459.403.07$6,230
Jul 201841,89165.142.93$5,805
Jun 201841,80260.183.08$5,785
May 201841,93865.382.90$5,883
Apr 201891,91963.842.90$6,141
Mar 201851,86061.222.79$5,490
Feb 201841,64361.782.77$4,792
Jan 201841,89562.874.01$7,849
Dec 201752,04657.272.92$6,264
Nov 201752,25755.423.12$7,315
Oct 201752,60649.292.98$8,022
Sep 2017122,63647.523.09$8,708
Aug 201752,78645.373.00$8,597
Jul 201783,32543.873.09$10,616
Jun 201711,14142.493.09$3,565
May 2017062045.373.26$2,023
Apr 2017568647.933.21$2,443
Mar 2017499446.772.98$3,153
Feb 2017984650.452.95$2,952
Jan 2017182,35549.413.42$8,941
Dec 2016182,28748.763.72$9,392
Nov 2016182,29442.492.64$6,831
Oct 2016311,97346.193.09$7,529
Sep 2016161,97741.553.10$6,795
Aug 2016162,12341.442.92$6,871
Jul 201602,11441.622.92$6,182
Jun 2016192,40645.352.69$7,324
May 2016202,69842.521.99$6,222
Apr 2016202,44936.561.99$5,607
Mar 2016242,50933.011.79$5,293
Feb 2016182,77326.472.06$6,199
Jan 201672,49727.352.36$6,095
Dec 201501,99432.362.00$3,991
Nov 201502,71738.792.17$5,889
Oct 201501,62643.552.43$3,946
Sep 201501,69842.992.76$4,684
Aug 201502,15040.162.87$6,176
Jul 201502,27048.152.95$6,685
Jun 201502,27356.152.88$6,553
May 201502,34055.212.96$6,916
Apr 201502,91349.822.71$7,884
Mar 201502,36842.892.93$6,949
Feb 201501,42244.662.98$4,232
Jan 201501,46843.433.10$4,552
Dec 201402,64654.693.59$9,503
Nov 201401,54470.464.25$6,565
Oct 201402,69978.303.90$10,529
Sep 201402,82186.164.05$11,412
Aug 201402,57089.394.04$10,370
Jul 201402,77796.564.18$11,607
Jun 201402,64298.164.74$12,515
May 201402,75494.734.73$13,017
Apr 201403,29695.944.81$15,851
Mar 201403,50095.895.06$17,699
Feb 201402,22797.406.19$13,790
Jan 201404,03690.404.86$19,618
Dec 201303,88691.824.35$16,922
Nov 2013060188.853.74$2,247
Oct 2013066197.423.78$2,498
Sep 201301,048104.113.72$3,896
Aug 201302,955104.253.52$10,409
Jul 201301,884102.523.72$7,004
Jun 2013074794.403.93$2,938
May 2013087994.834.15$3,647
Apr 201301,06793.964.28$4,570
Mar 201301,46093.623.91$5,713
Feb 2013094791.233.42$3,239
Jan 201302,69391.603.42$9,210
Dec 201203,08086.773.42$10,534
Nov 201202,85586.953.62$10,349
Oct 201202,71989.383.40$9,244
Sep 201202,93194.672.92$8,554
Aug 201202,86192.662.91$8,320
Jul 201223,28385.133.02$10,088
Jun 201203,12979.822.52$7,882
May 201203,16091.612.49$7,863
Apr 201233,429101.652.00$7,152
Mar 201203,542105.052.22$7,871
Feb 201233,538101.102.57$9,397
Jan 201244,07698.092.73$11,536
Dec 201104,57796.873.24$14,828
Nov 201104,07495.723.31$13,490
Oct 201103,93084.983.65$14,339
Sep 201102,51483.623.99$10,020
Aug 201102,24483.404.15$9,311
Jul 201103,34494.144.52$15,106
Jun 2011069692.904.64$3,229
May 2011083898.134.40$3,691
Apr 201101,863105.964.33$8,073
Mar 2011075396.364.06$3,055
Feb 2011092585.644.18$3,866
Jan 201103,03686.504.59$13,932
Dec 201001,23185.734.35$5,352
Nov 201002,55180.843.80$9,682
Oct 2010045278.103.51$1,586
Sep 201002,91172.633.98$11,584
Aug 201001,17773.684.42$5,202
Jul 2010178372.554.74$3,781
Jun 201001,63770.364.91$8,038
May 201001,43471.124.24$6,073
Apr 201003,43181.694.12$14,145
Mar 201011,05278.394.39$4,695
Feb 201002,19273.585.44$11,930
Jan 201012,92874.365.96$17,537
Dec 200901,82271.445.48$9,991
Nov 200903,52774.593.75$13,232
Oct 200902,18272.544.11$8,969
Sep 200901,15965.543.06$3,552
Aug 200903,14067.423.22$10,106
Jul 200903,63161.133.46$12,580
Jun 200903,55866.163.90$13,858
May 200903,69054.743.93$14,486
Apr 200903,49746.773.59$12,545
Mar 200903,95742.144.06$16,061
Feb 200902,70932.814.63$12,551
Jan 200903,84035.865.37$20,625
Dec 200803,64837.105.98$21,805
Nov 200803,56955.496.86$24,485
Oct 200803,92775.246.92$27,183
Sep 200803,861101.767.88$30,413
Aug 200804,281114.228.48$36,316
Jul 200804,222131.0811.39$48,086
Jun 200802,585131.3313.03$33,689
May 200804,432123.1711.57$51,297
Apr 200804,077110.3110.45$42,624
Mar 200803,175101.909.66$30,683
Feb 200816,95192.538.77$61,057
Jan 200885,78990.388.21$48,226
Dec 200732,99788.337.30$22,149
Nov 200733,11691.677.29$22,996
Oct 200744,61882.856.92$32,297
Sep 200733,35575.846.24$21,177
Aug 200774,53169.066.39$29,427
Jul 200705,33970.906.39$34,105
Jun 200704,74062.007.55$35,780
May 200703,60258.747.85$28,262
Apr 200703,81459.617.81$29,769
Mar 200706,20556.927.30$45,309
Feb 200704,56655.108.22$37,514
Jan 20071050.306.73$50
Dec 2006153,82556.656.92$27,313
Nov 200684,11454.207.62$31,772
Oct 200683,53054.906.01$21,668
Sep 200673,69260.085.04$19,018
Aug 2006135,12468.717.34$38,503
Jul 200605,84269.376.34$37,054
Jun 200605,74666.286.38$36,682
May 200606,73966.016.42$43,298
Apr 200606,77664.397.36$49,875
Mar 200607,90156.707.08$55,962
Feb 200608,02757.597.75$62,218
Jan 2006012,39060.598.93$110,684
Dec 200502,36654.9413.42$31,741
Nov 200501,35954.6910.59$14,390
Oct 200502,09458.3413.80$28,888
Sep 2005067161.4512.08$8,105
Aug 200503,34061.519.80$32,721
Jul 200509,59655.697.84$75,268
Jun 2005025952.337.38$1,912
May 2005059445.226.65$3,951
Apr 2005063049.207.36$4,637
Mar 2005050250.377.15$3,592
Feb 2005039145.226.31$2,468
Jan 200501,10043.166.32$6,954
Dec 200401,73339.866.75$11,700
Nov 2004063345.286.33$4,007
Oct 2004095749.706.52$6,235
Sep 200401,06743.245.28$5,638
Aug 200401,29442.375.55$7,183
Jul 2004091138.286.08$5,543
Jun 2004084436.106.43$5,429
May 2004088837.486.49$5,767
Apr 200401,05834.475.86$6,198
Mar 200401,55534.365.53$8,599
Feb 200401,20432.455.51$6,634
Jan 200401,64932.036.30$10,388
Dec 200301,22230.266.30$7,701
Nov 200301,78228.804.60$8,189
Oct 200301,18928.174.76$5,659
Sep 200302,17026.314.75$10,306
Aug 200301,22629.765.13$6,289
Jul 200301,88029.415.17$9,721
Jun 200302,18128.565.98$13,049
May 200301,52026.595.97$9,078
Apr 200301,83426.675.41$9,917
Mar 200303,90831.146.10$23,823
Feb 200305,28733.487.93$41,904
Jan 200306,37830.315.58$35,602
Dec 200205,52326.914.85$26,807
Nov 200207,27624.664.14$30,101
Oct 200205,62126.464.23$23,772
Sep 200205,54927.443.64$20,172
Aug 200203,32025.963.16$10,505
Jul 200202,50024.583.06$7,654
Jun 200205,38323.733.34$17,970
May 200203,96224.663.58$14,200
Apr 200205,80923.653.51$20,403
Mar 200205,70622.003.10$17,704
Feb 200206,63018.222.38$15,751
Jan 200205,64417.172.38$13,408
Dec 200106,12816.932.36$14,489
Nov 200106,21918.072.41$14,960
Oct 200105,05119.782.53$12,773
Sep 200106,48024.262.25$14,589
Aug 200107,57024.873.05$23,112
Jul 200105,94423.933.20$19,003
Jun 200107,71824.563.82$29,515
May 200107,65925.524.31$32,990
Apr 200107,43124.685.34$39,647
Mar 200108,16824.545.38$43,915
Feb 200146,36827.755.77$36,836
Jan 2001496,57627.478.40$56,576
Dec 20008111,71726.889.12$109,066
Nov 2000567,47832.215.66$44,114
Oct 2000275,43431.235.15$28,804
Sep 2000356,83631.875.19$36,570
Aug 20002510,21429.644.54$47,120
Jul 2000010,03928.534.09$41,057
Jun 200009,93829.304.40$43,700
May 200002,14327.263.68$7,886
Apr 200006,78624.513.12$21,145
Mar 200005,70928.422.86$16,326
Feb 200006,68027.622.73$18,213
Jan 200009,76125.272.48$24,212
Dec 1999011,09424.282.42$26,889
Nov 199909,77123.192.43$23,783
Oct 1999013,52520.982.80$37,920
Sep 1999019,12421.752.62$50,083
Aug 199904,59419.262.88$13,211
Jul 199903,57217.892.37$8,474
Jun 199904,17615.942.36$9,864
May 199904,55815.792.32$10,579
Apr 199903,26015.102.21$7,198
Mar 199903,33212.471.84$6,125
Feb 199908,7839.981.82$15,966
Jan 1999011,62210.381.90$22,081
Dec 1998011,7229.201.77$20,787
Nov 1998011,20110.892.19$24,482
Oct 1998012,21512.421.97$24,054
Sep 1998013,55712.592.08$28,234
Aug 1998010,64711.301.91$20,308
Jul 1998014,11811.742.24$31,586
Jun 1998012,84111.242.24$28,729
May 1998015,34312.622.21$33,852
Apr 1998016,84713.042.51$42,207
Mar 1998013,40512.802.31$30,958
Feb 1998011,61413.952.30$26,702
Jan 1998012,35914.702.15$26,631
Dec 1997011,94816.322.41$28,808
Nov 1997013,50318.193.09$41,701
Oct 1997013,74719.253.15$43,301
Sep 1997013,36117.742.95$39,480
Aug 1997014,11417.862.55$36,058
Jul 1997014,31917.582.25$32,174
Jun 1997013,43917.242.26$30,335
May 1997214,12418.972.31$32,643
Apr 1997110,38917.882.08$21,656
Mar 1997115,52218.951.94$30,118
Feb 1997015,56220.492.21$34,328
Jan 1997415,79423.483.54$56,000
Dec 1996118,82423.32$23
Nov 1996317,40021.97$66
Oct 1996119,46523.31$23
Sep 1996220,03722.22$44
Aug 1996122,59320.26$20
Jul 1996122,74219.55$20
Jun 1996120,31418.73$19
May 1996123,33619.43$19
Apr 1996125,39621.51$22
Mar 1996330,81219.38$58
Feb 1996931,75816.98$153
Jan 1996336,50117.07$51
Dec 1995245,23117.19$34
Nov 1995420,22116.00$64
Oct 1995228,58715.43$31
Sep 1995231,60716.18$32
Aug 1995231,63815.92$32
Jul 1995644,63815.24$91
Jun 1995448,54016.41$66
May 1995435,74017.56$70
Apr 1995134,50617.73$18
Mar 1995140,79316.44$16
Feb 1995142,78116.58$17
Jan 1995054,16315.92$0
Dec 1994260,51715.03$30
Nov 1994170,65915.90$16
Oct 1994289,02215.58$31
Sep 19941112,67315.29$15
Aug 19945131,57216.13$81
Jul 1994024,97917.56$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             3 bbl  × $106.41 =       $319
Gas                2,879 Mcf  × $  3.05 =     $8,769

────────────────────────────────────────────────────
Month total                                   $9,088

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/150541 is the state's own key, not one this site invented.