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 160002District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.6 M
Sep 1996 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
357
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 Gas111996-11-15135519
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
CondensateDisposition3,939 bbl$123,707
GasProduction5,452,911 Mcf$16,505,848
Total$16,629,556

896,502 Mcf of this lease's gas, across 4 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 27.3662, -99.1636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36622, -99.16356 · 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
11,300 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 11,300 ft.

Completions filed
Sep 1996
1 of 1 wells

1 well

42-479365355211,300 ftSep 1996

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 (357)

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

357 months

May 2026103,319106.413.05$11,173
Apr 202603,46198.932.87$9,932
Mar 2026103,43289.753.15$11,706
Feb 202603,06263.503.75$11,483
Jan 202603,41359.138.00$27,297
Dec 202503,34356.664.41$14,754
Nov 202593,35558.593.93$13,701
Oct 202503,49059.383.30$11,534
Sep 2025143,55962.743.08$11,829
Aug 202503,39663.933.01$10,238
Jul 202583,06866.743.32$10,705
Jun 202593,14066.483.13$10,423
May 202503,29760.553.23$10,657
Apr 202593,45762.363.54$12,810
Mar 202503,10767.704.27$13,262
Feb 2025102,91770.884.34$13,371
Jan 202503,16874.324.28$13,555
Dec 202493,42268.993.12$11,302
Nov 2024103,09669.052.20$7,497
Oct 202403,46571.372.28$7,905
Sep 2024103,30169.612.36$8,501
Aug 202403,66875.632.06$7,569
Jul 2024213,78379.932.15$9,799
Jun 202403,68978.082.63$9,717
May 2024103,72078.812.20$8,966
Apr 202403,08184.451.66$5,112
Mar 2024103,32180.301.55$5,934
Feb 2024113,30776.091.78$6,735
Jan 202403,68973.023.30$12,165
Dec 2023113,63071.262.61$10,261
Nov 202303,74177.892.81$10,503
Oct 2023113,68885.443.09$12,326
Sep 2023113,49289.042.74$10,530
Aug 202303,87280.522.67$10,349
Jul 202303,60674.852.64$9,526
Jun 2023123,98968.962.26$9,837
May 202303,91870.622.23$8,727
Apr 2023113,87578.122.24$9,531
Mar 202303,81672.852.39$9,132
Feb 202303,48075.112.47$8,581
Jan 2023114,10576.533.39$14,748
Dec 202203,69376.415.73$21,157
Nov 202203,96385.005.65$22,376
Oct 2022104,22487.185.86$25,640
Sep 202203,78484.888.16$30,891
Aug 202203,94894.529.13$36,034
Jul 202203,891101.587.54$29,346
Jun 202294,134115.097.98$34,014
May 202204,195109.378.43$35,377
Apr 20226834104.226.84$6,328
Mar 202204,505108.885.08$22,869
Feb 202204,17691.054.86$20,291
Jan 202284,55881.844.54$21,337
Dec 202102,74571.323.90$10,703
Nov 202181,96777.435.24$10,920
Oct 202103,83179.795.71$21,890
Sep 2021114,42469.865.35$24,441
Aug 2021114,34466.024.22$19,060
Jul 202104,75670.783.98$18,939
Jun 202193,72169.493.38$13,205
May 2021125,06663.483.02$16,049
Apr 2021114,52660.362.76$13,149
Mar 2021114,64561.302.72$13,294
Feb 202104,58157.805.55$25,415
Jan 2021125,28350.412.81$15,452
Dec 2020125,14844.642.68$14,309
Nov 2020125,47238.772.71$15,276
Oct 2020116,09436.972.48$15,510
Sep 2020333137.091.99$770
Aug 202061,86439.982.39$4,686
Jul 2020214,75538.371.83$9,484
Jun 2020114,86134.901.69$8,601
May 202004,79516.921.81$8,702
Apr 2020234,87314.751.80$9,132
Mar 2020114,80330.341.86$9,249
Feb 2020124,63949.881.98$9,787
Jan 2020114,87457.252.09$10,840
Dec 2019104,11159.012.30$10,063
Nov 2019214,30455.302.75$13,000
Oct 2019224,93553.472.42$13,112
Sep 201984,47655.052.66$12,334
Aug 2019205,04053.112.30$12,676
Jul 201904,58556.272.46$11,279
Jun 2019124,74852.782.49$12,462
May 2019134,92858.482.74$14,265
Apr 201904,84362.632.75$13,322
Mar 2019134,93856.803.06$15,859
Feb 2019124,51350.852.79$13,211
Jan 2019234,78146.033.23$16,493
Dec 201805,22546.594.19$21,869
Nov 2018124,94452.934.24$21,584
Oct 201805,09661.443.40$17,317
Sep 2018115,24059.543.11$16,941
Aug 2018115,20859.403.07$16,624
Jul 2018125,55165.142.93$17,057
Jun 2018105,05560.183.08$16,156
May 2018104,74165.382.90$14,406
Apr 2018245,19063.842.90$16,587
Mar 2018135,56161.222.79$16,293
Feb 2018135,10861.782.77$14,932
Jan 2018125,66762.874.01$23,475
Dec 2017115,50957.272.92$16,725
Nov 201794,32255.423.12$13,976
Oct 201794,37049.292.98$13,482
Sep 2017214,50247.523.09$14,897
Aug 201784,61045.373.00$14,213
Jul 2017124,68943.873.09$15,003
Jun 201755,24142.493.09$16,393
May 201744,51545.373.26$14,916
Apr 201794,75947.933.21$15,715
Mar 201744,65046.772.98$14,061
Feb 201744,49450.452.95$13,471
Jan 201734,13649.413.42$14,288
Dec 201634,51148.763.72$16,940
Nov 201634,46642.492.64$11,937
Oct 201674,93246.193.09$15,564
Sep 201634,86041.553.10$15,194
Aug 201635,09741.442.92$15,030
Jul 201604,89441.622.92$14,312
Jun 201634,66345.352.69$12,660
May 201635,23642.521.99$10,553
Apr 201625,15436.561.99$10,335
Mar 201615,39933.011.79$9,719
Feb 201665,15326.472.06$10,793
Jan 2016105,56727.352.36$13,436
Dec 201505,07932.362.00$10,165
Nov 201505,15738.792.17$11,177
Oct 201506,32243.552.43$15,341
Sep 201505,54642.992.76$15,298
Aug 201506,67740.162.87$19,180
Jul 201505,61748.152.95$16,543
Jun 201506,15056.152.88$17,730
May 201506,64555.212.96$19,639
Apr 201506,93449.822.71$18,767
Mar 201507,41642.892.93$21,764
Feb 201506,36644.662.98$18,946
Jan 201506,73343.433.10$20,877
Dec 201406,62554.693.59$23,793
Nov 201407,08370.464.25$30,116
Oct 201407,03878.303.90$27,455
Sep 201406,53386.164.05$26,429
Aug 201405,58089.394.04$22,516
Jul 201406,58796.564.18$27,531
Jun 201406,48598.164.74$30,719
May 201406,76894.734.73$31,989
Apr 201405,79295.944.81$27,854
Mar 201406,72995.895.06$34,027
Feb 201406,25897.406.19$38,750
Jan 201405,66290.404.86$27,521
Dec 201307,41091.824.35$32,267
Nov 201306,62288.853.74$24,755
Oct 201308,11297.423.78$30,658
Sep 201305,423104.113.72$20,161
Aug 201306,462104.253.52$22,763
Jul 201306,239102.523.72$23,195
Jun 201306,02394.403.93$23,691
May 201307,87394.834.15$32,666
Apr 201306,95993.964.28$29,803
Mar 201307,44893.623.91$29,143
Feb 201306,95791.233.42$23,792
Jan 201306,71891.603.42$22,975
Dec 201208,63386.773.42$29,526
Nov 201203,16886.953.62$11,484
Oct 201205,83289.383.40$19,827
Sep 201207,07694.672.92$20,651
Aug 201206,43392.662.91$18,708
Jul 201236,79485.133.02$20,779
Jun 201207,67279.822.52$19,326
May 201207,92891.612.49$19,727
Apr 201248,037101.652.00$16,455
Mar 201206,568105.052.22$14,595
Feb 201236,673101.102.57$17,455
Jan 201226,46998.092.73$17,883
Dec 201108,61396.873.24$27,904
Nov 201107,21695.723.31$23,894
Oct 201108,39584.983.65$30,629
Sep 201109,24683.623.99$36,853
Aug 201106,92983.404.15$28,751
Jul 201106,04894.144.52$27,320
Jun 201105,75692.904.64$26,707
May 201105,26698.134.40$23,196
Apr 201105,468105.964.33$23,694
Mar 201106,95296.364.06$28,207
Feb 201118,19685.644.18$34,345
Jan 2011337,35286.504.59$36,591
Dec 201009,31585.734.35$40,499
Nov 201009,42880.843.80$35,782
Oct 20101010,65978.103.51$38,182
Sep 2010011,12072.633.98$44,252
Aug 2010013,63273.684.42$60,245
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200901,89172.544.11$7,772
Sep 200906,67865.543.06$20,466
Aug 200908,17467.423.22$26,308
Jul 200907,72361.133.46$26,756
Jun 200907,83066.163.90$30,498
May 200908,62154.743.93$33,844
Apr 200908,23146.773.59$29,529
Mar 2009011,05842.144.06$44,884
Feb 2009010,45932.814.63$48,457
Jan 2009010,61935.865.37$57,035
Dec 200808,02037.105.98$47,937
Nov 2008010,52855.496.86$72,226
Oct 2008011,50775.246.92$79,651
Sep 200814,307101.767.88$34,028
Aug 200808,584114.228.48$72,818
Jul 200838,773131.0811.39$100,313
Jun 2008310,105131.3313.03$132,089
May 200806,805123.1711.57$78,763
Apr 200868,753110.3110.45$92,173
Mar 200809,524101.909.66$92,041
Feb 200839,67992.538.77$85,168
Jan 200848,70190.388.21$71,760
Dec 200709,76488.337.30$71,296
Nov 200707,07591.677.29$51,589
Oct 200709,70782.856.92$67,192
Sep 200709,88175.846.24$61,699
Aug 200709,03069.066.39$57,683
Jul 200707,49370.906.39$47,865
Jun 200779,20962.007.55$69,948
May 2007710,61658.747.85$83,707
Apr 2007810,27659.617.81$80,683
Mar 200789,72356.927.30$71,452
Feb 2007109,99655.108.22$82,678
Jan 200759,41850.306.73$63,605
Dec 200609,76456.656.92$67,552
Nov 2006010,11854.207.62$77,074
Oct 2006010,91354.906.01$65,629
Sep 200609,85160.085.04$49,621
Aug 2006010,67068.717.34$78,317
Jul 2006310,11369.376.34$64,352
Jun 200669,72366.286.38$62,468
May 20061211,83966.016.42$76,858
Apr 2006610,77964.397.36$79,725
Mar 2006611,75656.707.08$83,607
Feb 2006710,29757.597.75$80,216
Jan 2006412,04560.598.93$107,844
Dec 200517,05454.9413.42$94,687
Nov 200529,43454.6910.59$100,000
Oct 200517,84758.3413.80$108,314
Sep 200526,30761.4512.08$76,305
Aug 2005211,64761.519.80$114,227
Jul 2005110,43455.697.84$81,896
Jun 200519,38052.337.38$69,286
May 200509,26045.226.65$61,590
Apr 2005011,36549.207.36$83,652
Mar 2005012,11150.377.15$86,653
Feb 2005110,82545.226.31$68,372
Jan 2005812,97943.166.32$82,401
Dec 2004013,94739.866.75$94,157
Nov 20041012,66145.286.33$80,602
Oct 2004415,04149.706.52$98,192
Sep 2004712,76143.245.28$67,731
Aug 2004110,88442.375.55$60,456
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004079432.455.51$4,375
Jan 200406,68732.036.30$42,126
Dec 2003110,20230.266.30$64,320
Nov 200356,75928.804.60$31,203
Oct 200326,99228.174.76$33,336
Sep 200337,21226.314.75$34,331
Aug 200337,96029.765.13$40,922
Jul 200358,68429.415.17$45,051
Jun 2003211,40528.565.98$68,293
May 2003312,21226.595.97$73,018
Apr 2003113,03626.675.41$70,516
Mar 2003214,51231.146.10$88,528
Feb 2003213,25733.487.93$105,140
Jan 2003415,20130.315.58$84,974
Dec 20021515,61426.914.85$76,190
Nov 20021514,11524.664.14$58,763
Oct 20022114,71326.464.23$62,779
Sep 2002514,49227.443.64$52,819
Aug 20021215,15925.963.16$48,277
Jul 2002015,32424.583.06$46,918
Jun 2002015,38323.733.34$51,352
May 2002014,60924.663.58$52,359
Apr 2002011,83923.653.51$41,582
Mar 2002015,41822.003.10$47,838
Feb 2002214,41018.222.38$34,270
Jan 2002718,80917.172.38$44,804
Dec 2001518,13216.932.36$42,956
Nov 2001716,76318.072.41$40,450
Oct 2001516,98419.782.53$43,049
Sep 2001517,21324.262.25$38,873
Aug 2001119,59524.873.05$59,852
Jul 20011014,18423.933.20$45,587
Jun 2001617,89224.563.82$68,569
May 2001818,18325.524.31$78,524
Apr 20011320,54824.685.34$109,951
Mar 20011420,74324.545.38$111,867
Feb 20011719,61927.755.77$113,616
Jan 20012519,25527.478.40$162,405
Dec 20003326,74926.889.12$244,905
Nov 2000022,79432.215.66$128,968
Oct 2000019,12831.235.15$98,423
Sep 2000023,04531.875.19$119,523
Aug 2000724,64829.644.54$112,128
Jul 20002223,77828.534.09$97,874
Jun 20002925,82429.304.40$114,404
May 20002827,45627.263.68$101,795
Apr 20002227,09324.513.12$84,961
Mar 20003827,82428.422.86$80,650
Feb 20003523,10127.622.73$63,952
Jan 20009528,17525.272.48$72,289
Dec 1999029,34624.282.42$71,126
Nov 199917529,31823.192.43$75,418
Oct 1999030,78920.982.80$86,323
Sep 1999030,87821.752.62$80,865
Aug 1999030,68319.262.88$88,232
Jul 1999022,10417.892.37$52,439
Jun 1999031,99615.942.36$75,578
May 1999038,10715.792.32$88,447
Apr 1999030,46915.102.21$67,277
Mar 199912835,97012.471.84$67,721
Feb 1999035,7469.981.82$64,979
Jan 1999039,99110.381.90$75,981
Dec 1998042,3619.201.77$75,120
Nov 1998041,96610.892.19$91,726
Oct 199814647,31912.421.97$94,994
Sep 1998046,60212.592.08$97,054
Aug 1998050,60011.301.91$96,512
Jul 1998056,37911.742.24$126,135
Jun 199815151,12611.242.24$116,080
May 1998044,81312.622.21$98,873
Apr 1998048,10013.042.51$120,506
Mar 199815052,58012.802.31$123,350
Feb 1998059,88213.952.30$137,677
Jan 1998068,99914.702.15$148,678
Dec 199715866,27816.322.41$162,381
Nov 1997066,93418.193.09$206,710
Oct 1997069,85819.253.15$220,040
Sep 199715375,01117.742.95$224,363
Aug 1997081,90017.862.55$209,233
Jul 199717287,43117.582.25$199,476
Jun 1997091,61617.242.26$206,796
May 1997188104,45418.972.31$244,698
Apr 19973105,13417.882.08$219,025
Mar 1997185124,64918.951.94$245,218
Feb 19973124,48720.492.21$274,667
Jan 1997121137,98623.483.54$491,270
Dec 19965153,86523.32$117
Nov 1996180222,38421.97$3,955
Oct 1996176298,59023.31$4,103
Sep 1996201221,66322.22$4,466

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                3,319 Mcf  × $  3.05 =    $10,109

────────────────────────────────────────────────────
Month total                                  $11,173

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/160002 is the state's own key, not one this site invented.