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 150728District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.3 M
May 1994 – May 2026
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
385
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 Gas221994-09-08 – 2001-12-032 dockets
NGPA2none

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
CondensateDisposition8,205 bbl$254,968
GasProduction5,162,994 Mcf$16,066,498
Total$16,321,465

1,574,847 Mcf of this lease's gas, across 32 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 27.3740, -99.1708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.37396, -99.17076 · 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
11,935 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 11,935 ft.

Completions filed
Jan 2001
1 of 1 wells

1 well

42-479360674211,935 ftJan 2001

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 (385)

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

385 months

May 2026103,805106.413.05$12,654
Apr 202603,51698.932.87$10,090
Mar 2026103,52289.753.15$11,990
Feb 202603,03163.503.75$11,367
Jan 202603,27159.138.00$26,161
Dec 202503,24556.664.41$14,321
Nov 202573,12358.593.93$12,672
Oct 202502,87559.383.30$9,501
Sep 202561,84562.743.08$6,053
Aug 202501,89563.933.01$5,713
Jul 202531,17266.743.32$4,086
Jun 202531,18166.483.13$3,894
May 202501,17460.553.23$3,795
Apr 202531,19562.363.54$4,421
Mar 202501,21567.704.27$5,186
Feb 202541,11770.884.34$5,132
Jan 202501,31274.324.28$5,614
Dec 2024398368.993.12$3,275
Nov 202441,11169.052.20$2,719
Oct 202401,14671.372.28$2,614
Sep 202441,12569.612.36$2,938
Aug 202401,26175.632.06$2,602
Jul 202481,28779.932.15$3,402
Jun 202401,32878.082.63$3,498
May 202441,41778.812.20$3,430
Apr 202401,44084.451.66$2,389
Mar 202441,32680.301.55$2,370
Feb 202441,30476.091.78$2,630
Jan 202401,31673.023.30$4,340
Dec 202341,45871.262.61$4,091
Nov 202301,45877.892.81$4,093
Oct 202341,66785.443.09$5,488
Sep 202331,31089.042.74$3,850
Aug 2023071580.522.67$1,911
Jul 202301,11774.852.64$2,951
Jun 202341,31468.962.26$3,243
May 202301,43470.622.23$3,194
Apr 202341,35578.122.24$3,345
Mar 202301,46272.852.39$3,499
Feb 202301,32075.112.47$3,255
Jan 202351,48776.533.39$5,420
Dec 202201,42676.415.73$8,170
Nov 202201,54285.005.65$8,706
Oct 202251,65087.185.86$10,111
Sep 202201,19384.888.16$9,739
Aug 202201,32594.529.13$12,093
Jul 202201,491101.587.54$11,245
Jun 202251,429115.097.98$11,975
May 202201,688109.378.43$14,235
Apr 202261,797104.226.84$12,912
Mar 202201,996108.885.08$10,132
Feb 202201,79491.054.86$8,717
Jan 202283,48381.844.54$16,459
Dec 202103,90871.323.90$15,238
Nov 202174,16777.435.24$22,364
Oct 202102,09979.795.71$11,993
Sep 202151,99469.865.35$11,019
Aug 202152,16266.024.22$9,455
Jul 202102,21470.783.98$8,816
Jun 202152,12269.493.38$7,521
May 202152,30563.483.02$7,273
Apr 202152,20760.362.76$6,390
Mar 202152,32361.302.72$6,618
Feb 202102,15357.805.55$11,945
Jan 202152,30950.412.81$6,741
Dec 202052,36144.642.68$6,540
Nov 202052,30838.772.71$6,441
Oct 202042,15436.972.48$5,486
Sep 202041,74937.091.99$3,631
Aug 202041,85639.982.39$4,587
Jul 202092,03038.371.83$4,050
Jun 202052,23634.901.69$3,954
May 202002,38216.921.81$4,323
Apr 2020102,34414.751.80$4,377
Mar 202062,42530.341.86$4,683
Feb 202062,25149.881.98$4,758
Jan 202062,37157.252.09$5,310
Dec 201962,26059.012.30$5,562
Nov 2019112,25355.302.75$6,806
Oct 2019112,37953.472.42$6,342
Sep 201952,46755.052.66$6,831
Aug 2019112,54453.112.30$6,447
Jul 201902,56856.272.46$6,317
Jun 201972,58452.782.49$6,807
May 201972,73258.482.74$7,896
Apr 201902,46562.632.75$6,780
Mar 201972,86556.803.06$9,171
Feb 201972,54450.852.79$7,459
Jan 2019132,89246.033.23$9,934
Dec 201802,70846.594.19$11,334
Nov 201872,67852.934.24$11,718
Oct 201802,88761.443.40$9,810
Sep 201862,96659.543.11$9,576
Aug 201872,93259.403.07$9,407
Jul 2018115,71065.142.93$17,458
Jun 201884,46560.183.08$14,220
May 201873,91265.382.90$11,806
Apr 201892,08763.842.90$6,629
Mar 2018398161.222.79$2,918
Feb 2018113,91261.782.77$11,501
Jan 2018146,43562.874.01$26,680
Dec 2017156,62157.272.92$20,202
Nov 2017146,78855.423.12$21,943
Oct 2017158,22349.292.98$25,274
Sep 2017163,96947.523.09$13,014
Aug 201752,61445.373.00$8,080
Jul 201772,65443.873.09$8,501
Jun 201722,61942.493.09$8,171
May 201733,29145.373.26$10,876
Apr 201742,08147.933.21$6,875
Mar 201722,41846.772.98$7,308
Feb 201722,23250.452.95$6,691
Jan 201722,61849.413.42$9,049
Dec 201622,65948.763.72$9,997
Nov 201622,99942.492.64$8,015
Oct 201653,72746.193.09$11,748
Sep 201622,20741.553.10$6,926
Aug 201633,27541.442.92$9,702
Jul 201604,33541.622.92$12,677
Jun 201634,87245.352.69$13,221
May 201624,12242.521.99$8,292
Apr 201613,00436.561.99$6,018
Mar 201603,55033.011.79$6,369
Feb 201632,31926.472.06$4,865
Jan 201631,85627.352.36$4,470
Dec 201503,16432.362.00$6,332
Nov 201503,73138.792.17$8,086
Oct 201505,49443.552.43$13,332
Sep 201506,22742.992.76$17,177
Aug 201508,73140.162.87$25,080
Jul 201504,46148.152.95$13,138
Jun 201501,29556.152.88$3,733
May 201502,82055.212.96$8,334
Apr 201503,44949.822.71$9,335
Mar 201503,60642.892.93$10,583
Feb 201501,19544.662.98$3,557
Jan 201501,99943.433.10$6,198
Dec 201402,94654.693.59$10,580
Nov 201402,33770.464.25$9,937
Oct 201401,80678.303.90$7,045
Sep 201402,44286.164.05$9,879
Aug 201402,68089.394.04$10,814
Jul 201403,36996.564.18$14,081
Jun 201403,00298.164.74$14,220
May 201402,93994.734.73$13,891
Apr 201403,74795.944.81$18,020
Mar 201403,61395.895.06$18,270
Feb 201405,38697.406.19$33,350
Jan 201402,69090.404.86$13,075
Dec 201302,73291.824.35$11,896
Nov 201302,51888.853.74$9,413
Oct 201302,93697.423.78$11,096
Sep 201305,924104.113.72$22,024
Aug 201306,522104.253.52$22,974
Jul 201307,904102.523.72$29,385
Jun 201308,44794.403.93$33,226
May 201309,13494.834.15$37,898
Apr 201308,31893.964.28$35,623
Mar 201308,49093.623.91$33,220
Feb 201306,20591.233.42$21,221
Jan 201306,60391.603.42$22,582
Dec 201204,49686.773.42$15,377
Nov 201204,07886.953.62$14,783
Oct 201206,03389.383.40$20,510
Sep 201206,43294.672.92$18,771
Aug 201207,05392.662.91$20,511
Jul 201238,37685.133.02$25,558
Jun 201204,06579.822.52$10,240
May 201204,70191.612.49$11,698
Apr 201254,552101.652.00$9,598
Mar 201205,093105.052.22$11,317
Feb 201233,974101.102.57$10,517
Jan 201224,10698.092.73$11,422
Dec 201105,68496.873.24$18,415
Nov 201106,34495.723.31$21,007
Oct 201109,57784.983.65$34,942
Sep 2011010,40983.623.99$41,488
Aug 201134,42983.404.15$18,628
Jul 201105,37794.144.52$24,289
Jun 201107,64892.904.64$35,486
May 2011106,45198.134.40$29,397
Apr 201104,992105.964.33$21,632
Mar 201104,38096.364.06$17,771
Feb 2011510,67685.644.18$45,054
Jan 201107,34786.504.59$33,714
Dec 201005,13685.734.35$22,330
Nov 201007,75680.843.80$29,437
Oct 201006,25078.103.51$21,931
Sep 201004,82272.633.98$19,189
Aug 201005,16173.684.42$22,808
Jul 201004,54672.554.74$21,532
Jun 201005,83470.364.91$28,647
May 201007,30471.124.24$30,934
Apr 201005,10481.694.12$21,042
Mar 201006,41878.394.39$28,166
Feb 201006,92673.585.44$37,694
Jan 201037,13974.365.96$42,801
Dec 200945,67271.445.48$31,390
Nov 200936,19974.593.75$23,479
Oct 200938,49072.544.11$35,114
Sep 200947,82465.543.06$24,241
Aug 200909,00667.423.22$28,986
Jul 200948,00961.133.46$27,992
Jun 200938,85466.163.90$34,685
May 200928,57654.743.93$33,777
Apr 200927,63546.773.59$27,484
Mar 2009510,16842.144.06$41,483
Feb 200927,55932.814.63$35,086
Jan 200949,00135.865.37$48,488
Dec 200809,69837.105.98$57,966
Nov 2008011,26955.496.86$77,309
Oct 2008012,04875.246.92$83,396
Sep 2008013,830101.767.88$108,940
Aug 2008012,754114.228.48$108,192
Jul 200833,971131.0811.39$45,621
Jun 200883,705131.3313.03$49,337
May 200804,305123.1711.57$49,827
Apr 2008123,501110.3110.45$37,926
Mar 200804,898101.909.66$47,335
Feb 200864,23892.538.77$37,725
Jan 200833,70590.388.21$30,673
Dec 200724,86388.337.30$35,686
Nov 200724,68891.677.29$34,367
Oct 200724,96582.856.92$34,533
Sep 200725,56175.846.24$34,875
Aug 200768,35269.066.39$53,766
Jul 20071911,60770.906.39$75,492
Jun 20072213,08162.007.55$100,105
May 20071913,29558.747.85$105,432
Apr 200763,05559.617.81$24,203
Mar 2007115,94056.927.30$44,000
Feb 2007175,85855.108.22$49,066
Jan 20071510,10950.306.73$68,756
Dec 20062211,70356.656.92$82,213
Nov 20061212,27854.207.62$94,178
Oct 2006108,40754.906.01$51,107
Sep 20061312,72760.085.04$64,889
Aug 20063315,10468.717.34$113,130
Jul 20061015,86069.376.34$101,290
Jun 2006015,21666.286.38$97,137
May 2006012,66466.016.42$81,366
Apr 2006015,70264.397.36$115,574
Mar 200607,01756.707.08$49,701
Feb 2006014,49357.597.75$112,337
Jan 200636,71960.598.93$60,205
Dec 200565,14254.9413.42$69,312
Nov 20051811,27454.6910.59$120,358
Oct 2005916,21258.3413.80$224,182
Sep 20051613,30761.4512.08$161,718
Aug 20051312,90261.519.80$127,198
Jul 2005811,09555.697.84$87,471
Jun 2005227,92052.337.38$59,609
May 20051713,07145.226.65$87,706
Apr 20053713,92949.207.36$104,345
Mar 20053216,83950.377.15$122,093
Feb 200592,41845.226.31$15,669
Jan 20053011,08543.166.32$71,376
Dec 2004013,45239.866.75$90,816
Nov 20044312,42945.286.33$80,628
Oct 20041512,81149.706.52$84,210
Sep 20042912,62143.245.28$67,942
Aug 20041011,70942.375.55$65,416
Jul 20042812,56038.286.08$77,489
Jun 20043114,24736.106.43$92,770
May 20043114,73037.486.49$96,827
Apr 20043314,11334.475.86$83,818
Mar 20046216,26234.365.53$92,061
Feb 200413118,33732.455.51$105,281
Jan 20044025,64732.036.30$162,848
Dec 20037429,12230.266.30$185,756
Nov 2003023,73428.804.60$109,062
Oct 2003019,31828.174.76$91,947
Sep 2003017,29526.314.75$82,140
Aug 2003618,46929.765.13$94,919
Jul 20036515,11729.415.17$80,079
Jun 20032215,04628.565.98$90,648
May 20033415,53626.595.97$93,696
Apr 2003711,03126.675.41$59,834
Mar 20032113,34431.146.10$82,000
Feb 20031820,86833.487.93$166,000
Jan 20033821,64530.315.58$121,975
Dec 200214528,30526.914.85$141,288
Nov 200210327,55924.664.14$116,550
Oct 200210119,08426.464.23$83,381
Sep 20022718,32627.443.64$67,360
Aug 20028420,57925.963.16$67,296
Jul 20025720,08424.583.06$62,893
Jun 2002020,85523.733.34$69,619
May 2002021,36824.663.58$76,583
Apr 2002024,46923.653.51$85,943
Mar 2002035,59822.003.10$110,451
Feb 2002037,80518.222.38$89,813
Jan 2002051,55417.172.38$122,476
Dec 2001059,55216.932.36$140,805
Nov 2001057,21718.072.41$137,637
Oct 2001056,67019.782.53$143,312
Sep 2001065,86324.262.25$148,279
Aug 2001075,53424.873.05$230,617
Jul 20018676,45623.933.20$246,494
Jun 200138887,96124.563.82$345,906
May 2001556101,54025.524.31$451,554
Apr 2001982129,63124.685.34$715,859
Mar 20011,258150,13024.545.38$838,036
Feb 20011,445144,13227.755.77$871,320
Jan 20011,07687,13227.478.40$761,358
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200005,04328.534.09$20,625
Jun 200004,81229.304.40$21,160
May 200003,22227.263.68$11,856
Apr 200005,40324.513.12$16,836
Mar 200004,04828.422.86$11,576
Feb 200005,15327.622.73$14,050
Jan 200009,97125.272.48$24,733
Dec 199908,15224.282.42$19,758
Nov 199907,82223.192.43$19,039
Oct 199907,79720.982.80$21,861
Sep 199909,98821.752.62$26,157
Aug 199908,09519.262.88$23,278
Jul 199904,83817.892.37$11,478
Jun 199905,75115.942.36$13,584
May 199907,84015.792.32$18,197
Apr 199904,33615.102.21$9,574
Mar 199906,96112.471.84$12,797
Feb 199905,7499.981.82$10,450
Jan 199908,88910.381.90$16,889
Dec 199807,8469.201.77$13,913
Nov 1998011,23010.892.19$24,546
Oct 1998010,62612.421.97$20,925
Sep 1998014,17812.592.08$29,527
Aug 1998014,30911.301.91$27,292
Jul 199802,47611.742.24$5,539
Jun 199805,04911.242.24$11,296
May 1998014,80712.622.21$32,669
Apr 1998017,56113.042.51$43,996
Mar 1998021,71212.802.31$50,143
Feb 1998018,36213.952.30$42,217
Jan 1998018,35614.702.15$39,553
Dec 1997013,94716.322.41$33,628
Nov 1997020,69518.193.09$63,912
Oct 1997016,68219.253.15$52,545
Sep 1997016,62117.742.95$49,113
Aug 1997025,98217.862.55$66,377
Jul 1997020,26017.582.25$45,523
Jun 1997021,14917.242.26$47,738
May 1997319,65918.972.31$45,440
Apr 1997021,84217.882.08$45,492
Mar 1997121,89618.951.94$42,478
Feb 1997221,76920.492.21$48,061
Jan 1997529,35423.483.54$104,022
Dec 1996127,47823.32$23
Nov 1996126,42621.97$22
Oct 1996228,15223.31$47
Sep 1996230,33022.22$44
Aug 1996123,69520.26$20
Jul 1996124,42419.55$20
Jun 1996125,66818.73$19
May 1996126,75219.43$19
Apr 1996029,39221.51$0
Mar 19961832,31019.38$349
Feb 1996633,14516.98$102
Jan 1996541,76717.07$85
Dec 1995632,04417.19$103
Nov 1995231,21916.00$32
Oct 1995434,61115.43$62
Sep 1995133,85816.18$16
Aug 1995236,83515.92$32
Jul 1995240,10115.24$30
Jun 1995239,65016.41$33
May 1995244,69017.56$35
Apr 1995144,50617.73$18
Mar 1995253,66416.44$33
Feb 1995352,20816.58$50
Jan 1995261,84315.92$32
Dec 1994364,93615.03$45
Nov 1994270,68115.90$32
Oct 1994183,66115.58$16
Sep 1994192,13215.29$15
Aug 19944127,46816.13$65
Jul 19942115,17817.56$35
Jun 19943132,81317.09$51
May 1994733,21015.88$111

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            10 bbl  × $106.41 =     $1,064
Gas                3,805 Mcf  × $  3.05 =    $11,589

────────────────────────────────────────────────────
Month total                                  $12,654

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/150728 is the state's own key, not one this site invented.