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 150544District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.9 M
Jul 1994 – May 2026
Value, last 12 filed months
$193 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 Gas111994-09-01130512
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
CondensateDisposition1,375 bbl$67,082
GasProduction5,227,594 Mcf$13,865,873
Total$13,932,955

1,880,859 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 27.3694, -99.1794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36942, -99.17940 · 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
11,240 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 11,240 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-479361014411,240 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 2026124,282106.413.05$14,319
Apr 202604,15498.932.87$11,921
Mar 2026134,38689.753.15$14,980
Feb 202604,02963.503.75$15,110
Jan 202604,05359.138.00$32,416
Dec 202504,30556.664.41$19,000
Nov 2025114,26658.593.93$17,395
Oct 202504,31159.383.30$14,247
Sep 2025183,96962.743.08$13,342
Aug 202504,04263.933.01$12,186
Jul 2025104,36866.743.32$15,148
Jun 2025123,90466.483.13$13,012
May 202504,17060.553.23$13,479
Apr 2025124,14362.363.54$15,427
Mar 202504,32467.704.27$18,456
Feb 2025133,96270.884.34$18,120
Jan 202504,44374.324.28$19,010
Dec 2024124,30968.993.12$14,278
Nov 2024134,38669.052.20$10,540
Oct 202404,51371.372.28$10,296
Sep 2024134,32369.612.36$11,126
Aug 202404,72575.632.06$9,751
Jul 2024244,56779.932.15$11,722
Jun 202403,96478.082.63$10,441
May 2024134,09978.812.20$10,036
Apr 202404,19184.451.66$6,954
Mar 2024124,38580.301.55$7,739
Feb 2024124,18176.091.78$8,370
Jan 202404,18573.023.30$13,801
Dec 2023123,98671.262.61$11,261
Nov 202304,12177.892.81$11,570
Oct 2023134,34285.443.09$14,516
Sep 2023124,26789.042.74$12,739
Aug 202304,58480.522.67$12,252
Jul 202303,91974.852.64$10,353
Jun 2023124,13768.962.26$10,171
May 202304,50170.622.23$10,026
Apr 2023134,36178.122.24$10,774
Mar 202304,64472.852.39$11,114
Feb 202304,02175.112.47$9,915
Jan 2023124,54376.533.39$16,309
Dec 202204,26376.415.73$24,423
Nov 202204,40285.005.65$24,855
Oct 2022124,38887.185.86$26,776
Sep 202204,27784.888.16$34,916
Aug 202204,40594.529.13$40,205
Jul 202204,523101.587.54$34,113
Jun 2022114,223115.097.98$34,954
May 202204,308109.378.43$36,330
Apr 2022113,998104.226.84$28,483
Mar 202204,254108.885.08$21,595
Feb 202203,83791.054.86$18,643
Jan 2022104,14481.844.54$19,623
Dec 202104,38971.323.90$17,113
Nov 2021104,34377.435.24$23,518
Oct 202104,51279.795.71$25,781
Sep 2021114,51969.865.35$24,949
Aug 2021104,38566.024.22$19,167
Jul 202104,15070.783.98$16,526
Jun 202194,49869.493.38$15,831
May 2021114,72563.483.02$14,957
Apr 2021104,66060.362.76$13,458
Mar 2021104,73061.302.72$13,464
Feb 202104,28157.805.55$23,751
Jan 2021114,69450.412.81$13,746
Dec 2020114,84244.642.68$13,446
Nov 2020104,78938.772.71$13,349
Oct 2020104,88736.972.48$12,482
Sep 2020104,67937.091.99$9,687
Aug 2020114,86639.982.39$12,046
Jul 2020224,96238.371.83$9,900
Jun 2020114,90034.901.69$8,666
May 202004,87116.921.81$8,840
Apr 2020224,57114.751.80$8,572
Mar 2020125,06430.341.86$9,764
Feb 2020124,40649.881.98$9,325
Jan 2020125,06457.252.09$11,295
Dec 2019114,63359.012.30$11,325
Nov 2019234,61455.302.75$13,964
Oct 2019235,25353.472.42$13,934
Sep 2019105,39155.052.66$14,876
Aug 2019205,71553.112.30$14,232
Jul 201906,20456.272.46$15,262
Jun 201976,33052.782.49$16,139
May 2019299658.482.74$2,846
Apr 2019062062.632.75$1,705
Mar 2019125456.803.06$835
Feb 2019516650.852.79$718
Jan 2019162,73246.033.23$9,556
Dec 201805,59946.594.19$23,434
Nov 2018135,13752.934.24$22,455
Oct 201805,33161.443.40$18,115
Sep 2018115,51859.543.11$17,805
Aug 2018115,62559.403.07$17,903
Jul 2018115,74265.142.93$17,551
Jun 201893,85760.183.08$12,409
May 2018114,82265.382.90$14,707
Apr 2018245,13563.842.90$16,428
Mar 2018125,17061.222.79$15,143
Feb 2018114,55361.782.77$13,274
Jan 2018115,07562.874.01$21,039
Dec 2017125,41557.272.92$16,507
Nov 2017105,11455.423.12$16,501
Oct 2017104,41249.292.98$13,657
Sep 2017245,36247.523.09$17,694
Aug 2017105,50745.373.00$16,999
Jul 2017135,34043.873.09$17,056
Jun 201755,32542.493.09$16,652
May 201745,54945.373.26$18,290
Apr 201795,64147.933.21$18,548
Mar 201745,66646.772.98$17,093
Feb 201755,01050.452.95$15,045
Jan 201745,37449.413.42$18,570
Dec 201645,84848.763.72$21,966
Nov 201645,10842.492.64$13,677
Oct 201685,60446.193.09$17,687
Sep 201645,43341.553.10$17,012
Aug 201635,47641.442.92$16,138
Jul 201605,26541.622.92$15,397
Jun 201634,86245.352.69$13,195
May 201635,24942.521.99$10,579
Apr 201625,34536.561.99$10,715
Mar 201615,66933.011.79$10,203
Feb 201665,33426.472.06$11,166
Jan 2016105,29927.352.36$12,802
Dec 201506,11032.362.00$12,229
Nov 201506,40538.792.17$13,882
Oct 201505,69443.552.43$13,817
Sep 201506,52942.992.76$18,010
Aug 201506,37640.162.87$18,315
Jul 201506,90648.152.95$20,339
Jun 201506,12956.152.88$17,669
May 201506,94255.212.96$20,517
Apr 201506,45549.822.71$17,471
Mar 201507,48642.892.93$21,969
Feb 201506,19444.662.98$18,435
Jan 201506,66143.433.10$20,653
Dec 201406,79154.693.59$24,389
Nov 201406,57970.464.25$27,973
Oct 201407,25078.303.90$28,282
Sep 201406,95486.164.05$28,132
Aug 201407,34989.394.04$29,654
Jul 201407,81896.564.18$32,676
Jun 201406,44798.164.74$30,539
May 201407,31294.734.73$34,561
Apr 201407,47295.944.81$35,934
Mar 201407,38195.895.06$37,324
Feb 201406,82197.406.19$42,236
Jan 201406,52090.404.86$31,692
Dec 201307,65291.824.35$33,320
Nov 201306,63888.853.74$24,815
Oct 201306,25597.423.78$23,640
Sep 201305,895104.113.72$21,916
Aug 201307,181104.253.52$25,296
Jul 201307,353102.523.72$27,337
Jun 201307,43694.403.93$29,249
May 201307,50894.834.15$31,151
Apr 201306,87293.964.28$29,430
Mar 201307,17693.623.91$28,079
Feb 201306,63291.233.42$22,681
Jan 201306,61891.603.42$22,633
Dec 201207,86686.773.42$26,903
Nov 201206,84486.953.62$24,809
Oct 201205,69989.383.40$19,375
Sep 201207,71194.672.92$22,504
Aug 201208,98992.662.91$26,141
Jul 201228,00285.133.02$24,343
Jun 201207,36979.822.52$18,563
May 201206,42091.612.49$15,975
Apr 201255,755101.652.00$12,000
Mar 201207,460105.052.22$16,577
Feb 201257,186101.102.57$18,975
Jan 201247,37598.092.73$20,556
Dec 201108,66196.873.24$28,059
Nov 201106,65995.723.31$22,050
Oct 201107,39684.983.65$26,985
Sep 201107,52783.623.99$30,001
Aug 201108,12483.404.15$33,709
Jul 201106,73894.144.52$30,437
Jun 201108,16192.904.64$37,866
May 201108,38798.134.40$36,943
Apr 201107,570105.964.33$32,803
Mar 201108,56096.364.06$34,731
Feb 201107,52085.644.18$31,433
Jan 201108,43386.504.59$38,697
Dec 201008,84685.734.35$38,460
Nov 201006,47080.843.80$24,556
Oct 201009,25578.103.51$32,475
Sep 201009,08072.633.98$36,134
Aug 2010010,53473.684.42$46,554
Jul 201009,21572.554.74$43,647
Jun 201008,61670.364.91$42,308
May 201007,52271.124.24$31,857
Apr 201006,91881.694.12$28,521
Mar 201006,56178.394.39$28,794
Feb 201006,01573.585.44$32,736
Jan 201007,48674.365.96$44,647
Dec 200906,53771.445.48$35,847
Nov 200908,27674.593.75$31,047
Oct 200909,55272.544.11$39,261
Sep 200906,76765.543.06$20,739
Aug 200908,46767.423.22$27,251
Jul 200909,06461.133.46$31,402
Jun 200908,76866.163.90$34,151
May 2009010,46154.743.93$41,067
Apr 200908,56546.773.59$30,727
Mar 200908,70242.144.06$35,321
Feb 200905,64632.814.63$26,158
Jan 200908,93035.865.37$47,963
Dec 200808,81337.105.98$52,677
Nov 2008010,02055.496.86$68,741
Oct 2008011,83975.246.92$81,949
Sep 200803,858101.767.88$30,390
Aug 200801,914114.228.48$16,237
Jul 2008010,046131.0811.39$114,418
Jun 200809,232131.3313.03$120,317
May 200809,772123.1711.57$113,104
Apr 2008010,395110.3110.45$108,678
Mar 200808,796101.909.66$85,005
Feb 200808,86092.538.77$77,707
Jan 200808,36390.388.21$68,625
Dec 2007010,13888.337.30$74,027
Nov 2007010,57791.677.29$77,124
Oct 200708,91482.856.92$61,703
Sep 2007010,58675.846.24$66,101
Aug 200709,57469.066.39$61,158
Jul 2007010,34570.906.39$66,083
Jun 200748,90062.007.55$67,429
May 200739,19358.747.85$72,307
Apr 200749,07659.617.81$71,078
Mar 2007511,52656.927.30$84,447
Feb 2007610,11155.108.22$83,403
Jan 2007310,78550.306.73$72,700
Dec 2006010,74056.656.92$74,304
Nov 200609,43254.207.62$71,848
Oct 200608,30654.906.01$49,951
Sep 2006010,09660.085.04$50,856
Aug 2006011,30768.717.34$82,992
Jul 2006010,93669.376.34$69,364
Jun 200609,75266.286.38$62,256
May 2006012,49966.016.42$80,306
Apr 2006010,96564.397.36$80,708
Mar 2006012,11356.707.08$85,795
Feb 2006010,91257.597.75$84,580
Jan 2006014,75460.598.93$131,802
Dec 2005010,73854.9413.42$144,055
Nov 200504,02854.6910.59$42,650
Oct 200502,34458.3413.80$32,337
Sep 200507,03961.4512.08$85,024
Aug 2005010,26761.519.80$100,584
Jul 2005010,29055.697.84$80,711
Jun 2005012,03752.337.38$88,846
May 2005011,76045.226.65$78,218
Apr 2005111,89449.207.36$87,595
Mar 2005112,37150.377.15$88,563
Feb 2005112,81045.226.31$80,901
Jan 2005114,39443.166.32$91,045
Dec 2004010,93239.866.75$73,803
Nov 2004112,70845.286.33$80,492
Oct 2004013,76149.706.52$89,654
Sep 2004113,82443.245.28$73,088
Aug 2004014,41042.375.55$79,985
Jul 2004114,89738.286.08$90,674
Jun 2004215,50636.106.43$99,823
May 200426,75337.486.49$43,933
Apr 2004415,21334.475.86$89,263
Mar 2004715,73434.365.53$87,252
Feb 2004910,31832.455.51$57,140
Jan 2004314,77532.036.30$93,173
Dec 200338,94030.266.30$56,427
Nov 2003012,47328.804.60$57,315
Oct 2003014,80328.174.76$70,457
Sep 2003012,66826.314.75$60,165
Aug 2003015,26729.765.13$78,315
Jul 2003015,03029.415.17$77,718
Jun 2003013,85828.565.98$82,912
May 2003013,78526.595.97$82,333
Apr 2003013,67526.675.41$73,945
Mar 2003015,21231.146.10$92,733
Feb 2003014,45833.487.93$114,592
Jan 2003016,95230.315.58$94,627
Dec 2002115,94926.914.85$77,440
Nov 2002316,18424.664.14$67,027
Oct 2002414,35126.464.23$60,798
Sep 2002116,15127.443.64$58,740
Aug 2002317,20425.963.16$54,514
Jul 2002217,62424.583.06$54,010
Jun 2002016,98723.733.34$56,707
May 2002016,58624.663.58$59,444
Apr 2002015,91423.653.51$55,895
Mar 2002018,83522.003.10$58,440
Feb 2002016,87618.222.38$40,092
Jan 2002019,43817.172.38$46,178
Dec 2001020,16416.932.36$47,676
Nov 2001020,00518.072.41$48,122
Oct 2001018,71319.782.53$47,323
Sep 2001021,69924.262.25$48,851
Aug 2001023,42424.873.05$71,517
Jul 2001024,64123.933.20$78,779
Jun 2001026,31724.563.82$100,640
May 2001029,00225.524.31$124,921
Apr 2001033,29624.685.34$177,645
Mar 2001038,06024.545.38$204,627
Feb 2001026,19827.755.77$151,086
Jan 200109,22927.478.40$77,512
Dec 200004,30126.889.12$39,236
Nov 200003,33732.215.66$18,881
Oct 200002,39331.235.15$12,313
Sep 200003,83031.875.19$19,864
Aug 200004,40429.644.54$19,997
Jul 200004,93928.534.09$20,199
Jun 200005,20129.304.40$22,870
May 200003,64927.263.68$13,427
Apr 200002,79024.513.12$8,694
Mar 200003,04728.422.86$8,714
Feb 200003,65727.622.73$9,971
Jan 200004,60325.272.48$11,418
Dec 199905,05824.282.42$12,259
Nov 199902,81723.192.43$6,857
Oct 199904,23220.982.80$11,865
Sep 199902,84021.752.62$7,438
Aug 1999019,98819.262.88$57,477
Jul 1999021,56817.892.37$51,167
Jun 1999018,59915.942.36$43,933
May 1999022,15215.792.32$51,415
Apr 1999020,40715.102.21$45,060
Mar 1999022,46212.471.84$41,293
Feb 1999021,2659.981.82$38,655
Jan 1999026,00810.381.90$49,414
Dec 1998022,5179.201.77$39,930
Nov 1998022,31510.892.19$48,774
Oct 1998025,90612.421.97$51,014
Sep 1998028,24512.592.08$58,824
Aug 1998013,77611.301.91$26,276
Jul 1998024,91011.742.24$55,730
Jun 1998024,16611.242.24$54,066
May 1998028,36812.622.21$62,589
Apr 1998030,49413.042.51$76,398
Mar 1998012,24712.802.31$28,284
Feb 1998011,20313.952.30$25,757
Jan 1998029,75414.702.15$64,114
Dec 1997015,91716.322.41$38,377
Nov 1997028,08918.193.09$86,746
Oct 1997027,51219.253.15$86,658
Sep 1997028,67217.742.95$84,722
Aug 1997029,50417.862.55$75,375
Jul 1997030,41117.582.25$68,332
Jun 1997029,97717.242.26$67,664
May 1997330,03618.972.31$69,395
Apr 1997131,82217.882.08$66,296
Mar 1997234,16418.951.94$66,287
Feb 1997332,69420.492.21$72,181
Jan 1997535,95823.483.54$127,398
Dec 1996337,69823.32$70
Nov 1996138,57521.97$22
Oct 1996135,85823.31$23
Sep 1996439,43122.22$89
Aug 1996143,90420.26$20
Jul 1996247,19819.55$39
Jun 1996143,15518.73$19
May 1996147,30019.43$19
Apr 1996349,80721.51$65
Mar 19961958,93919.38$368
Feb 1996952,57816.98$153
Jan 19967371,18817.07$1,246
Dec 1995155,49817.19$17
Nov 1995237,78016.00$32
Oct 1995353,45815.43$46
Sep 1995355,05416.18$49
Aug 1995052,73515.92$0
Jul 1995367,60315.24$46
Jun 1995374,86616.41$49
May 1995376,60917.56$53
Apr 19956788,17017.73$1,188
Mar 1995296,55016.44$33
Feb 1995389,60516.58$50
Jan 199510196,07215.92$1,608
Dec 1994396,10115.03$45
Nov 19943107,22215.90$48
Oct 19942129,31315.58$31
Sep 1994378,06815.29$46
Aug 1994447,77516.13$65
Jul 1994212,74917.56$35

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            12 bbl  × $106.41 =     $1,277
Gas                4,282 Mcf  × $  3.05 =    $13,042

────────────────────────────────────────────────────
Month total                                  $14,319

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/150544 is the state's own key, not one this site invented.