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 150559District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Apr 1994 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
386
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 Gas111994-08-30130127
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
CondensateDisposition5,499 bbl$115,550
GasProduction2,170,713 Mcf$4,514,884
Total$4,630,434

930,504 Mcf of this lease's gas, across 33 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 27.3715, -99.1837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.37154, -99.18374 · 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
12,000 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 12,000 ft.

Completions filed
Apr 1994
1 of 1 wells

1 well

42-479360174112,000 ftApr 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 (386)

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

386 months

May 20262812106.413.05$2,686
Apr 2026482698.932.87$2,766
Mar 2026288689.753.15$2,970
Feb 2026280063.503.75$3,127
Jan 2026188359.138.00$7,121
Dec 2025185056.664.41$3,808
Nov 2025386458.593.93$3,568
Oct 2025298559.383.30$3,374
Sep 2025298862.743.08$3,165
Aug 202521,08463.933.01$3,396
Jul 202551,10066.743.32$3,980
Jun 202501,07666.483.13$3,367
May 202541,13060.553.23$3,895
Apr 202531,12762.363.54$4,180
Mar 202531,17667.704.27$5,223
Feb 202521,11670.884.34$4,986
Jan 202541,11674.324.28$5,072
Dec 202441,15168.993.12$3,869
Nov 202421,16569.052.20$2,699
Oct 202441,21671.372.28$3,060
Sep 202421,19069.612.36$2,953
Aug 202431,26275.632.06$2,831
Jul 202441,35579.932.15$3,228
Jun 202431,48678.082.63$4,148
May 202421,58178.812.20$3,633
Apr 2024394184.451.66$1,815
Mar 2024365080.301.55$1,245
Feb 2024249676.091.78$1,037
Jan 2024051673.023.30$1,702
Dec 2023153671.262.61$1,471
Nov 2023050077.892.81$1,404
Oct 2023253985.443.09$1,835
Sep 2023048789.042.74$1,332
Aug 2023149280.522.67$1,396
Jul 2023159074.852.64$1,634
Jun 2023288368.962.26$2,132
May 2023260470.622.23$1,487
Apr 2023265778.122.24$1,626
Mar 202341,26072.852.39$3,307
Feb 2023363075.112.47$1,779
Jan 202341,27476.533.39$4,622
Dec 202241,03176.415.73$6,212
Nov 2022159785.005.65$3,456
Oct 2022366987.185.86$4,184
Sep 2022164784.888.16$5,367
Aug 2022269694.529.13$6,542
Jul 20222750101.587.54$5,860
Jun 20222794115.097.98$6,564
May 20222934109.378.43$8,095
Apr 20222800104.226.84$5,679
Mar 20223818108.885.08$4,479
Feb 2022269491.054.86$3,554
Jan 2022276581.844.54$3,635
Dec 2021386771.323.90$3,595
Nov 2021386577.435.24$4,762
Oct 202121,00979.795.71$5,925
Sep 202131,06769.865.35$5,919
Aug 2021287166.024.22$3,808
Jul 2021381170.783.98$3,442
Jun 2021279369.493.38$2,820
May 2021394963.483.02$3,054
Apr 2021399060.362.76$2,912
Mar 2021495761.302.72$2,845
Feb 2021387957.805.55$5,050
Jan 202131,16150.412.81$3,414
Dec 202031,28344.642.68$3,567
Nov 202041,26638.772.71$3,582
Oct 202031,05136.972.48$2,716
Sep 2020286237.091.99$1,790
Aug 202011,05539.982.39$2,556
Jul 2020381438.371.83$1,601
Jun 202031,08434.901.69$1,937
May 2020083116.921.81$1,508
Apr 2020289114.751.80$1,637
Mar 2020288130.341.86$1,696
Feb 2020292949.881.98$1,940
Jan 2020391357.252.09$2,084
Dec 201931,00159.012.30$2,484
Nov 2019387955.302.75$2,584
Oct 2019289853.472.42$2,279
Sep 2019280155.052.66$2,239
Aug 2019281153.112.30$1,975
Jul 2019378756.272.46$2,105
Jun 2019280252.782.49$2,104
May 2019386758.482.74$2,551
Apr 2019384462.632.75$2,509
Mar 2019291656.803.06$2,918
Feb 2019487450.852.79$2,644
Jan 2019497846.033.23$3,341
Dec 201841,06846.594.19$4,656
Nov 201841,04752.934.24$4,648
Oct 201841,18461.443.40$4,269
Sep 201841,11659.543.11$3,707
Aug 201831,17959.403.07$3,794
Jul 201841,33765.142.93$4,180
Jun 201831,02760.183.08$3,341
May 201841,23265.382.90$3,835
Apr 201871,59163.842.90$5,062
Mar 2018299661.222.79$2,898
Feb 2018495561.782.77$2,889
Jan 201841,06862.874.01$4,533
Dec 201751,19157.272.92$3,766
Nov 201721,14455.423.12$3,678
Oct 201731,02649.292.98$3,209
Sep 201731,23347.523.09$3,949
Aug 201721,34045.373.00$4,117
Jul 201741,40143.873.09$4,501
Jun 201701,50142.493.09$4,634
May 201701,30445.373.26$4,255
Apr 201701,26247.933.21$4,053
Mar 201701,26346.772.98$3,768
Feb 201701,24650.452.95$3,679
Jan 201701,38349.413.42$4,728
Dec 201601,37148.763.72$5,104
Nov 201601,29442.492.64$3,422
Oct 201601,52846.193.09$4,722
Sep 201601,47641.553.10$4,577
Aug 201601,53741.442.92$4,495
Jul 201601,40241.622.92$4,100
Jun 201601,12545.352.69$3,022
May 201601,28842.521.99$2,564
Apr 201601,02536.561.99$2,041
Mar 201601,12033.011.79$2,009
Feb 201601,05926.472.06$2,185
Jan 2016084727.352.36$2,003
Dec 201501,43832.362.00$2,878
Nov 201501,34338.792.17$2,911
Oct 201501,08743.552.43$2,638
Sep 2015084242.992.76$2,323
Aug 201501,15140.162.87$3,306
Jul 201501,48948.152.95$4,385
Jun 2015094356.152.88$2,719
May 2015094255.212.96$2,784
Apr 2015096349.822.71$2,606
Mar 201501,01642.892.93$2,982
Feb 201501,70244.662.98$5,065
Jan 201501,63443.433.10$5,066
Dec 201401,79154.693.59$6,432
Nov 201401,86870.464.25$7,942
Oct 201401,97278.303.90$7,693
Sep 201402,21386.164.05$8,953
Aug 201401,43789.394.04$5,798
Jul 201401,31396.564.18$5,488
Jun 201401,36398.164.74$6,456
May 201402,35694.734.73$11,136
Apr 201402,46095.944.81$11,830
Mar 201402,05295.895.06$10,377
Feb 201401,92197.406.19$11,895
Jan 201401,86590.404.86$9,065
Dec 201301,94991.824.35$8,487
Nov 201301,81088.853.74$6,766
Oct 201302,01097.423.78$7,597
Sep 201302,014104.113.72$7,488
Aug 201301,963104.253.52$6,915
Jul 201301,944102.523.72$7,227
Jun 201302,03194.403.93$7,989
May 201301,83494.834.15$7,609
Apr 201301,14593.964.28$4,904
Mar 201302,19193.623.91$8,573
Feb 201302,49991.233.42$8,546
Jan 201301,26191.603.42$4,313
Dec 201201,22386.773.42$4,183
Nov 201201,40086.953.62$5,075
Oct 201201,10089.383.40$3,740
Sep 2012094294.672.92$2,749
Aug 201201,71992.662.91$4,999
Jul 201232,51385.133.02$7,847
Jun 201201,63479.822.52$4,116
May 201202,29291.612.49$5,703
Apr 201252,140101.652.00$4,781
Mar 201202,205105.052.22$4,900
Feb 201252,121101.102.57$5,957
Jan 201242,47098.092.73$7,146
Dec 201101,99896.873.24$6,473
Nov 201102,20495.723.31$7,298
Oct 201102,43184.983.65$8,870
Sep 201101,90183.623.99$7,577
Aug 201102,39183.404.15$9,921
Jul 201102,43194.144.52$10,981
Jun 201102,07792.904.64$9,637
May 201102,60198.134.40$11,457
Apr 201102,614105.964.33$11,327
Mar 201102,68696.364.06$10,898
Feb 201102,59085.644.18$10,826
Jan 201102,37186.504.59$10,880
Dec 201003,01085.734.35$13,087
Nov 2010078780.843.80$2,987
Oct 201002,18778.103.51$7,674
Sep 201002,55072.633.98$10,148
Aug 201003,14373.684.42$13,890
Jul 201002,97372.554.74$14,082
Jun 201003,34370.364.91$16,415
May 201004,42771.124.24$18,749
Apr 201004,95281.694.12$20,416
Mar 201004,91878.394.39$21,583
Feb 201002,78373.585.44$15,146
Jan 201004,11174.365.96$24,518
Dec 200905,31071.445.48$29,119
Nov 2009093574.593.75$3,508
Oct 200901,00372.544.11$4,123
Sep 2009064665.543.06$1,980
Aug 2009088567.423.22$2,848
Jul 2009097661.133.46$3,381
Jun 2009093966.163.90$3,657
May 200901,15054.743.93$4,515
Apr 200901,34746.773.59$4,832
Mar 200901,72142.144.06$6,986
Feb 200902,59032.814.63$11,999
Jan 2009074635.865.37$4,007
Dec 2008070937.105.98$4,238
Nov 2008078055.496.86$5,351
Oct 2008097775.246.92$6,763
Sep 20080938101.767.88$7,389
Aug 20080989114.228.48$8,390
Jul 200801,139131.0811.39$12,973
Jun 200801,481131.3313.03$19,301
May 200801,339123.1711.57$15,498
Apr 200801,839110.3110.45$19,226
Mar 200801,039101.909.66$10,041
Feb 2008098492.538.77$8,630
Jan 200801,17390.388.21$9,625
Dec 200701,04388.337.30$7,616
Nov 200701,51891.677.29$11,069
Oct 200701,06782.856.92$7,386
Sep 200701,11475.846.24$6,956
Aug 200701,57469.066.39$10,055
Jul 200701,17070.906.39$7,474
Jun 200701,45362.007.55$10,968
May 200701,77458.747.85$13,919
Apr 200701,63559.617.81$12,762
Mar 200701,54656.927.30$11,289
Feb 200701,51455.108.22$12,439
Jan 200701,84550.306.73$12,411
Dec 200601,84956.656.92$12,792
Nov 200601,40154.207.62$10,672
Oct 200601,95354.906.01$11,745
Sep 200601,42560.085.04$7,178
Aug 200601,63168.717.34$11,971
Jul 200601,48369.376.34$9,406
Jun 200601,90166.286.38$12,136
May 200601,82766.016.42$11,738
Apr 200601,80064.397.36$13,249
Mar 200601,58156.707.08$11,198
Feb 200601,89357.597.75$14,673
Jan 200601,83860.598.93$16,419
Dec 200501,73154.9413.42$23,222
Nov 200501,48154.6910.59$15,681
Oct 200502,57258.3413.80$35,483
Sep 200502,65361.4512.08$32,046
Aug 200503,55561.519.80$34,828
Jul 200514,25155.697.84$33,399
Jun 2005593152.337.38$7,133
May 200542,10545.226.65$14,182
Apr 200582,23149.207.36$16,815
Mar 200592,67150.377.15$19,564
Feb 200593,30845.226.31$21,287
Jan 200582,29143.166.32$14,829
Dec 200402,22939.866.75$15,048
Nov 2004123,13145.286.33$20,364
Oct 200442,41149.706.52$15,907
Sep 200483,30643.245.28$17,814
Aug 200422,33842.375.55$13,062
Jul 200422,32238.286.08$14,204
Jun 200402,97936.106.43$19,164
May 200402,96237.486.49$19,237
Apr 200403,02234.475.86$17,704
Mar 200403,40034.365.53$18,802
Feb 200402,55232.455.51$14,061
Jan 200404,26932.036.30$26,893
Dec 200304,24430.266.30$26,744
Nov 200303,51328.804.60$16,143
Oct 200305,51228.174.76$26,235
Sep 200304,40826.314.75$20,935
Aug 200303,00529.765.13$15,415
Jul 2003162,89429.415.17$15,435
Jun 2003263,14328.565.98$19,547
May 2003485,11326.595.97$31,815
Apr 200353,50426.675.41$19,080
Mar 2003135,21931.146.10$32,220
Feb 200393,32633.487.93$26,663
Jan 2003194,24630.315.58$24,277
Dec 200204,89526.914.85$23,759
Nov 200204,58024.664.14$18,947
Oct 200205,30726.464.23$22,444
Sep 200204,95627.443.64$18,016
Aug 200205,52325.963.16$17,476
Jul 200205,39224.583.06$16,509
Jun 200205,53423.733.34$18,474
May 200205,23824.663.58$18,773
Apr 200205,29523.653.51$18,598
Mar 200205,77022.003.10$17,903
Feb 200205,25918.222.38$12,494
Jan 2002147,18917.172.38$17,319
Dec 2001597,25716.932.36$18,157
Nov 2001836,54018.072.41$17,232
Oct 2001556,43019.782.53$17,349
Sep 2001677,25524.262.25$17,959
Aug 2001717,77724.873.05$25,510
Jul 2001368,00823.933.20$26,464
Jun 2001148,38024.563.82$32,390
May 2001177,94425.524.31$34,651
Apr 2001289,28024.685.34$50,203
Mar 2001298,75524.545.38$47,782
Feb 2001358,60027.755.77$50,568
Jan 2001427,04727.478.40$60,340
Dec 2000488,14726.889.12$75,611
Nov 200008,64932.215.66$48,936
Oct 200009,00031.235.15$46,310
Sep 200009,01031.875.19$46,730
Aug 200009,51729.644.54$43,214
Jul 200009,66028.534.09$39,507
Jun 200008,37229.304.40$36,814
May 200006,69927.263.68$24,651
Apr 200009,37624.513.12$29,216
Mar 200008,93628.422.86$25,555
Feb 200008,41927.622.73$22,954
Jan 2000510,41025.272.48$25,948
Dec 1999419,74124.282.42$24,605
Nov 1999429,01723.192.43$22,921
Oct 1999459,98120.982.80$28,928
Sep 19995412,22221.752.62$33,182
Aug 19994315,34619.262.88$44,957
Jul 1999669,71017.892.37$24,216
Jun 19993411,05415.942.36$26,653
May 19998811,08415.792.32$27,116
Apr 1999011,17415.102.21$24,673
Mar 1999211,36112.471.84$20,910
Feb 1999111,1239.981.82$20,229
Jan 1999012,41010.381.90$23,578
Dec 19986112,8289.201.77$23,309
Nov 1998012,77910.892.19$27,931
Oct 1998013,59612.421.97$26,773
Sep 1998013,54512.592.08$28,209
Aug 1998014,74311.301.91$28,120
Jul 1998015,32511.742.24$34,286
Jun 199816514,46511.242.24$34,217
May 1998014,64212.622.21$32,305
Apr 1998014,60013.042.51$36,578
Mar 1998015,88112.802.31$36,676
Feb 1998014,89013.952.30$34,234
Jan 1998014,23314.702.15$30,669
Dec 19976614,22516.322.41$35,375
Nov 1997018,03718.193.09$55,703
Oct 19974214,02919.253.15$44,997
Sep 1997016,39617.742.95$48,448
Aug 199712520,06817.862.55$53,501
Jul 1997021,29317.582.25$47,844
Jun 1997022,34317.242.26$50,433
May 1997222,23218.972.31$51,361
Apr 199714415,87817.882.08$35,645
Mar 1997116,60218.951.94$32,213
Feb 1997115,15420.492.21$33,449
Jan 1997417,27023.483.54$61,225
Dec 199615116,64623.32$3,521
Nov 1996016,67621.97$0
Oct 1996117,50223.31$23
Sep 1996017,21522.22$0
Aug 199614619,21820.26$2,958
Jul 1996119,13419.55$20
Jun 1996118,50018.73$19
May 199612418,99719.43$2,409
Apr 1996420,49721.51$86
Mar 1996422,41119.38$78
Feb 199614822,40216.98$2,513
Jan 1996327,15817.07$51
Dec 199515330,50617.19$2,630
Nov 1995119,63716.00$16
Oct 19956420,89915.43$988
Sep 199513621,36316.18$2,200
Aug 199510423,53015.92$1,656
Jul 1995523,65515.24$76
Jun 199514824,17316.41$2,429
May 199511925,93417.56$2,090
Apr 1995125,34417.73$18
Mar 199513927,89416.44$2,285
Feb 199512526,56716.58$2,073
Jan 19957629,57815.92$1,210
Dec 199413830,34915.03$2,074
Nov 199413032,82415.90$2,067
Oct 199413038,12115.58$2,025
Sep 199418042,67015.29$2,752
Aug 199433154,01416.13$5,339
Jul 199427649,14617.56$4,847
Jun 199425250,88617.09$4,307
May 199426947,34915.88$4,272
Apr 1994149,70914.14$14

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                  812 Mcf  × $  3.05 =     $2,473

────────────────────────────────────────────────────
Month total                                   $2,686

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/150559 is the state's own key, not one this site invented.