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 156992District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Oct 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
368
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 Gas111996-03-06133704
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
CondensateDisposition2,388 bbl$62,163
GasProduction2,801,621 Mcf$6,254,821
Total$6,316,984

1,234,585 Mcf of this lease's gas, across 15 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 27.3622, -99.1762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36222, -99.17619 · 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
11,832 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 11,832 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-479363234811,832 ftOct 1995

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 (368)

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

368 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202001244.642.68$32
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202037530.341.86$230
Feb 202073,75349.881.98$7,783
Jan 202062,52657.252.09$5,635
Dec 201941,51459.012.30$3,725
Nov 2019262955.302.75$1,841
Oct 2019392453.472.42$2,395
Sep 201961,06455.052.66$3,158
Aug 201971,44953.112.30$3,711
Jul 201972,44756.272.46$6,414
Jun 201982,45252.782.49$6,531
May 2019124,09458.482.74$11,921
Apr 201981,58562.632.75$4,861
Mar 2019134,31656.803.06$13,954
Feb 2019174,50950.852.79$13,455
Jan 2019103,97846.033.23$13,302
Dec 2018280846.594.19$3,475
Nov 2018381252.934.24$3,599
Oct 2018387161.443.40$3,144
Sep 2018389059.543.11$2,945
Aug 2018188859.403.07$2,783
Jul 201831,02365.142.93$3,195
Jun 201821,05160.183.08$3,354
May 201841,06265.382.90$3,342
Apr 201841,23163.842.90$3,826
Mar 201841,79761.222.79$5,253
Feb 2018101,69361.782.77$5,301
Jan 2018123,11662.874.01$13,247
Dec 2017194,20157.272.92$13,361
Nov 201773,76955.423.12$12,141
Oct 2017165,59149.292.98$17,470
Sep 2017155,66247.523.09$18,193
Aug 201785,96045.373.00$18,269
Jul 201716,02143.873.09$18,632
Jun 201705,82242.493.09$17,974
May 201705,68445.373.26$18,549
Apr 201702,85747.933.21$9,176
Mar 201701,04846.772.98$3,127
Feb 2017056450.452.95$1,665
Jan 2017062749.413.42$2,144
Dec 2016066448.763.72$2,472
Nov 2016060842.492.64$1,608
Oct 2016062246.193.09$1,922
Sep 2016060041.553.10$1,860
Aug 2016062041.442.92$1,813
Jul 2016064941.622.92$1,898
Jun 2016057245.352.69$1,536
May 2016061742.521.99$1,228
Apr 2016061936.561.99$1,232
Mar 2016064433.011.79$1,155
Feb 2016061226.472.06$1,263
Jan 2016067227.352.36$1,589
Dec 2015072632.362.00$1,453
Nov 2015082538.792.17$1,788
Oct 201501,05543.552.43$2,560
Sep 2015088142.992.76$2,430
Aug 2015093040.162.87$2,671
Jul 2015073448.152.95$2,162
Jun 2015076956.152.88$2,217
May 2015077355.212.96$2,285
Apr 2015079449.822.71$2,149
Mar 2015084342.892.93$2,474
Feb 2015075344.662.98$2,241
Jan 2015090743.433.10$2,812
Dec 2014081354.693.59$2,920
Nov 2014084470.464.25$3,589
Oct 2014084078.303.90$3,277
Sep 2014076486.164.05$3,091
Aug 2014077489.394.04$3,123
Jul 2014074396.564.18$3,105
Jun 2014071898.164.74$3,401
May 2014073394.734.73$3,465
Apr 2014078295.944.81$3,761
Mar 2014076995.895.06$3,889
Feb 2014068297.406.19$4,223
Jan 2014077590.404.86$3,767
Dec 2013080991.824.35$3,523
Nov 2013097388.853.74$3,637
Oct 2013075097.423.78$2,835
Sep 20130790104.113.72$2,937
Aug 20130551104.253.52$1,941
Jul 20130409102.523.72$1,521
Jun 2013081094.403.93$3,186
May 2013068094.834.15$2,821
Apr 2013094393.964.28$4,038
Mar 2013098793.623.91$3,862
Feb 2013066791.233.42$2,281
Jan 2013079791.603.42$2,726
Dec 2012081186.773.42$2,774
Nov 2012099286.953.62$3,596
Oct 201201,04189.383.40$3,539
Sep 2012071594.672.92$2,087
Aug 2012073592.662.91$2,138
Jul 2012276885.133.02$2,490
Jun 2012060379.822.52$1,519
May 2012062191.612.49$1,545
Apr 20125984101.652.00$2,473
Mar 20120771105.052.22$1,713
Feb 20125724101.102.57$2,366
Jan 2012477698.092.73$2,514
Dec 2011079996.873.24$2,589
Nov 2011087695.723.31$2,901
Oct 2011093184.983.65$3,397
Sep 2011063783.623.99$2,539
Aug 2011076983.404.15$3,191
Jul 2011079694.144.52$3,596
Jun 2011078992.904.64$3,661
May 2011085098.134.40$3,744
Apr 20110842105.964.33$3,649
Mar 2011082096.364.06$3,327
Feb 2011075785.644.18$3,164
Jan 2011079386.504.59$3,639
Dec 2010073685.734.35$3,200
Nov 2010030780.843.80$1,165
Oct 2010060178.103.51$2,109
Sep 2010041072.633.98$1,632
Aug 2010036273.684.42$1,600
Jul 2010076272.554.74$3,609
Jun 2010093270.364.91$4,576
May 201001,08971.124.24$4,612
Apr 201001,06381.694.12$4,382
Mar 2010073178.394.39$3,208
Feb 2010083273.585.44$4,528
Jan 2010089574.365.96$5,338
Dec 2009091271.445.48$5,001
Nov 2009088074.593.75$3,301
Oct 200901,98672.544.11$8,163
Sep 2009098765.543.06$3,025
Aug 2009087867.423.22$2,826
Jul 200901,23161.133.46$4,265
Jun 200901,25966.163.90$4,904
May 200901,17654.743.93$4,617
Apr 2009094446.773.59$3,387
Mar 200901,12442.144.06$4,562
Feb 200901,12732.814.63$5,221
Jan 200901,08035.865.37$5,801
Dec 200801,56037.105.98$9,324
Nov 200801,75655.496.86$12,047
Oct 200802,87575.246.92$19,901
Sep 200803,707101.767.88$29,200
Aug 200802,612114.228.48$22,158
Jul 200802,687131.0811.39$30,603
Jun 200804,570131.3313.03$59,559
May 200803,778123.1711.57$43,728
Apr 200802,881110.3110.45$30,120
Mar 200805,197101.909.66$50,224
Feb 200802,03592.538.77$17,848
Jan 200802,46990.388.21$20,260
Dec 200702,44988.337.30$17,883
Nov 200704,93991.677.29$36,014
Oct 200705,37082.856.92$37,171
Sep 200705,60875.846.24$35,017
Aug 200702,72369.066.39$17,394
Jul 200704,65070.906.39$29,704
Jun 200704,85062.007.55$36,610
May 200705,37858.747.85$42,197
Apr 200704,43859.617.81$34,639
Mar 200705,82456.927.30$42,527
Feb 200703,98755.108.22$32,757
Jan 200704,78550.306.73$32,188
Dec 200602,53956.656.92$17,566
Nov 200605,28254.207.62$40,236
Oct 200601,96054.906.01$11,787
Sep 200603,07460.085.04$15,484
Aug 200614,56368.717.34$33,561
Jul 200614,76969.376.34$30,318
Jun 200614,67966.286.38$29,936
May 200635,54966.016.42$35,850
Apr 200614,53164.397.36$33,415
Mar 200613,82756.707.08$27,163
Feb 200614,53557.597.75$35,209
Jan 200626,27860.598.93$56,205
Dec 200503,17454.9413.42$42,580
Nov 200504,82354.6910.59$51,068
Oct 200503,89158.3413.80$53,679
Sep 200504,28661.4512.08$51,771
Aug 200505,92861.519.80$58,076
Jul 200505,33255.697.84$41,822
Jun 200537,05452.337.38$52,223
May 200536,67245.226.65$44,512
Apr 200507,12749.207.36$52,458
Mar 200508,03050.377.15$57,454
Feb 200502,63745.226.31$16,645
Jan 200504,00043.166.32$25,289
Dec 200408,53439.866.75$57,614
Nov 200404,94345.286.33$31,291
Oct 200405,81649.706.52$37,892
Sep 200401,02243.245.28$5,400
Aug 200409,56942.375.55$53,114
Jul 200405,02538.286.08$30,573
Jun 200404,30136.106.43$27,668
May 200406,55037.486.49$42,540
Apr 200408,04634.475.86$47,137
Mar 200406,83634.365.53$37,804
Feb 200408,70732.455.51$47,972
Jan 200404,04932.036.30$25,507
Dec 200305,44730.266.30$34,325
Nov 200305,64428.804.60$25,935
Oct 200308,19728.174.76$39,015
Sep 200308,02026.314.75$38,090
Aug 200304,36429.765.13$22,386
Jul 200303,93429.415.17$20,342
Jun 200308,33128.565.98$49,844
May 200306,58826.595.97$39,348
Apr 200305,18626.675.41$28,042
Mar 200306,48131.146.10$39,508
Feb 200308,23733.487.93$65,285
Jan 200309,52930.315.58$53,191
Dec 200228,72126.914.85$42,383
Nov 200288,39524.664.14$34,927
Oct 2002119,91426.464.23$42,219
Sep 200238,80527.443.64$32,090
Aug 2002910,28825.963.16$32,787
Jul 200269,93224.583.06$30,557
Jun 2002010,58223.733.34$35,325
May 200209,50924.663.58$34,080
Apr 200208,86623.653.51$31,140
Mar 200209,44822.003.10$29,315
Feb 200208,76718.222.38$20,828
Jan 2002210,59917.172.38$25,214
Dec 2001910,25616.932.36$24,402
Nov 2001139,84418.072.41$23,915
Oct 200189,26019.782.53$23,576
Sep 2001911,78324.262.25$26,746
Aug 2001312,05624.873.05$36,884
Jul 20013912,24723.933.20$40,088
Jun 2001179,37524.563.82$36,269
May 20012510,96125.524.31$47,851
Apr 20014514,42624.685.34$78,078
Mar 20014412,62524.545.38$68,957
Feb 20014710,57727.755.77$62,303
Jan 200110811,15127.478.40$96,621
Dec 200032918,27526.889.12$175,557
Nov 200011213,00932.215.66$77,212
Oct 2000508,66931.235.15$46,168
Sep 2000569,89131.875.19$53,084
Aug 2000299,90429.644.54$45,831
Jul 2000010,24228.534.09$41,887
Jun 200008,24429.304.40$36,251
May 2000013,53327.263.68$49,798
Apr 2000012,74024.513.12$39,698
Mar 2000013,07728.422.86$37,397
Feb 200007,29227.622.73$19,882
Jan 2000011,82125.272.48$29,322
Dec 1999611,89824.282.42$28,983
Nov 19994210,23923.192.43$25,896
Oct 19993610,07120.982.80$28,991
Sep 19991615,23821.752.62$40,254
Aug 1999911,28419.262.88$32,622
Jul 19991711,66417.892.37$27,975
Jun 1999812,68115.942.36$30,081
May 19992011,88915.792.32$27,910
Apr 1999011,58715.102.21$25,585
Mar 199911810,97212.471.84$21,642
Feb 1999012,9009.981.82$23,449
Jan 1999014,25810.381.90$27,089
Dec 1998016,6729.201.77$29,565
Nov 1998017,27310.892.19$37,754
Oct 1998018,11012.421.97$35,662
Sep 1998017,49412.592.08$36,433
Aug 1998012,95211.301.91$24,704
Jul 199806,32511.742.24$14,151
Jun 1998013,82011.242.24$30,919
May 1998018,24012.622.21$40,244
Apr 19983017,27613.042.51$43,673
Mar 1998018,94312.802.31$43,748
Feb 1998019,00413.952.30$43,693
Jan 1998017,61114.702.15$37,948
Dec 1997019,23916.322.41$46,387
Nov 1997021,61618.193.09$66,756
Oct 1997018,62619.253.15$58,669
Sep 1997021,88617.742.95$64,671
Aug 1997024,65017.862.55$62,974
Jul 1997026,54117.582.25$59,636
Jun 1997028,14317.242.26$63,524
May 1997125,12318.972.31$58,015
Apr 199714124,98917.882.08$54,568
Mar 1997229,08018.951.94$56,428
Feb 1997331,25320.492.21$69,002
Jan 1997337,61023.483.54$133,199
Dec 1996242,63723.32$47
Nov 1996343,88621.97$66
Oct 1996254,14523.31$47
Sep 1996456,00522.22$89
Aug 1996257,44020.26$41
Jul 199613059,28119.55$2,542
Jun 1996262,45818.73$37
May 1996271,72319.43$39
Apr 19966777,40921.51$1,441
Mar 1996790,97919.38$136
Feb 19969101,22916.98$153
Jan 1996138139,16817.07$2,356
Dec 1995155157,49817.19$2,664
Nov 1995156132,27316.00$2,496
Oct 19951088,45415.43$154

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 44.64 =         $0
Gas                   12 Mcf  × $  2.68 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/156992 is the state's own key, not one this site invented.