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 161692District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.5 M
Nov 1996 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
355
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 Gas111997-03-14136039
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
CondensateDisposition3,237 bbl$129,984
GasProduction3,677,515 Mcf$12,351,563
Total$12,481,547

274,792 Mcf of this lease's gas, across 2 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 27.3718, -99.1711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.37183, -99.17107 · 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
11,200 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 11,200 ft.

Completions filed
Nov 1996
1 of 1 wells

1 well

42-479365815411,200 ftNov 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 (355)

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

355 months

May 202662,155106.413.05$7,202
Apr 202602,04698.932.87$5,871
Mar 202672,09589.753.15$7,226
Feb 202601,92563.503.75$7,219
Jan 202602,19659.138.00$17,563
Dec 202502,22756.664.41$9,829
Nov 202562,17558.593.93$8,892
Oct 202502,24159.383.30$7,406
Sep 202592,15462.743.08$7,192
Aug 202502,20663.933.01$6,651
Jul 202552,12666.743.32$7,382
Jun 202561,95966.483.13$6,528
May 202502,27460.553.23$7,350
Apr 202552,01662.363.54$7,455
Mar 202501,99067.704.27$8,494
Feb 202561,81470.884.34$8,300
Jan 202501,99774.324.28$8,545
Dec 202462,01468.993.12$6,700
Nov 202472,05369.052.20$4,997
Oct 202402,14071.372.28$4,882
Sep 202492,83669.612.36$7,332
Aug 202403,41975.632.06$7,056
Jul 2024213,43879.932.15$9,059
Jun 202403,85478.082.63$10,151
May 2024113,77378.812.20$9,162
Apr 202404,63084.451.66$7,682
Mar 202482,99980.301.55$5,276
Feb 202462,41376.091.78$4,760
Jan 202401,94473.023.30$6,411
Dec 202361,96271.262.61$5,550
Nov 202301,90877.892.81$5,357
Oct 202372,00885.443.09$6,797
Sep 202371,99389.042.74$6,074
Aug 202302,06880.522.67$5,528
Jul 202302,29974.852.64$6,074
Jun 202393,01768.962.26$7,434
May 202302,59870.622.23$5,787
Apr 202382,64678.122.24$6,546
Mar 202302,94972.852.39$7,057
Feb 202302,75775.112.47$6,798
Jan 202393,16176.533.39$11,397
Dec 202202,85776.415.73$16,368
Nov 202203,14985.005.65$17,780
Oct 2022103,16487.185.86$19,425
Sep 202203,19384.888.16$26,067
Aug 202203,38694.529.13$30,905
Jul 202203,405101.587.54$25,681
Jun 202293,285115.097.98$27,241
May 202203,465109.378.43$29,220
Apr 202293,196104.226.84$22,791
Mar 202203,326108.885.08$16,884
Feb 202203,14391.054.86$15,271
Jan 202283,07181.844.54$14,590
Dec 202103,14171.323.90$12,247
Nov 202183,08477.435.24$16,770
Oct 202103,32179.795.71$18,976
Sep 202183,24769.865.35$17,933
Aug 202183,31366.024.22$14,511
Jul 202103,40670.783.98$13,563
Jun 202173,32469.493.38$11,724
May 202183,48163.483.02$11,012
Apr 202183,39760.362.76$9,853
Mar 202183,66661.302.72$10,451
Feb 202103,29757.805.55$18,292
Jan 202183,62150.412.81$10,579
Dec 202073,30744.642.68$9,160
Nov 202073,16838.772.71$8,846
Oct 202073,20036.972.48$8,190
Sep 202073,06537.091.99$6,362
Aug 202073,29339.982.39$8,134
Jul 2020153,42238.371.83$6,821
Jun 202083,31734.901.69$5,886
May 202003,45916.921.81$6,277
Apr 2020163,37414.751.80$6,324
Mar 202083,46930.341.86$6,682
Feb 202093,22749.881.98$6,841
Jan 202083,48557.252.09$7,758
Dec 201983,31059.012.30$8,100
Nov 2019163,18555.302.75$9,646
Oct 2019163,53553.472.42$9,405
Sep 201963,47155.052.66$9,554
Aug 2019143,57853.112.30$8,989
Jul 201903,85356.272.46$9,479
Jun 201982,49452.782.49$6,635
May 201993,23858.482.74$9,399
Apr 201903,50962.632.75$9,652
Mar 201993,55556.803.06$11,397
Feb 201993,20450.852.79$9,404
Jan 2019173,55246.033.23$12,249
Dec 201803,82546.594.19$16,009
Nov 201883,37152.934.24$14,707
Oct 201803,67061.443.40$12,471
Sep 201883,60259.543.11$11,671
Aug 201883,84059.403.07$12,251
Jul 201883,82365.142.93$11,730
Jun 201873,67960.183.08$11,741
May 201873,32965.382.90$10,114
Apr 2018163,38963.842.90$10,852
Mar 201883,57761.222.79$10,458
Feb 201873,02561.782.77$8,800
Jan 201883,46962.874.01$14,411
Dec 201773,58457.272.92$10,872
Nov 201783,52355.423.12$11,429
Oct 201783,72749.292.98$11,515
Sep 2017163,56847.523.09$11,776
Aug 201773,76645.373.00$11,632
Jul 201793,73843.873.09$11,935
Jun 201733,53742.493.09$11,047
May 201733,81345.373.26$12,579
Apr 201763,62847.933.21$11,939
Mar 201733,79146.772.98$11,451
Feb 201733,40550.452.95$10,205
Jan 201733,88949.413.42$13,444
Dec 201633,90048.763.72$14,665
Nov 201633,80042.492.64$10,176
Oct 201653,93646.193.09$12,394
Sep 201633,75641.553.10$11,771
Aug 201633,95241.442.92$11,681
Jul 201603,92441.622.92$11,475
Jun 201633,93645.352.69$10,707
May 201634,06942.521.99$8,229
Apr 201614,01736.561.99$8,035
Mar 201613,79933.011.79$6,848
Feb 201653,92926.472.06$8,240
Jan 201684,21127.352.36$10,175
Dec 201504,72332.362.00$9,453
Nov 201504,52938.792.17$9,816
Oct 201503,99543.552.43$9,694
Sep 201504,10842.992.76$11,332
Aug 201503,98340.162.87$11,441
Jul 201504,68948.152.95$13,809
Jun 201503,48256.152.88$10,038
May 201503,94655.212.96$11,662
Apr 201504,09649.822.71$11,086
Mar 201504,82142.892.93$14,148
Feb 201504,12944.662.98$12,289
Jan 201504,82043.433.10$14,945
Dec 201404,15454.693.59$14,919
Nov 201404,29970.464.25$18,279
Oct 201404,47178.303.90$17,441
Sep 201404,43186.164.05$17,925
Aug 201404,47689.394.04$18,061
Jul 201404,44796.564.18$18,587
Jun 201404,55098.164.74$21,553
May 201405,08094.734.73$24,011
Apr 201405,09395.944.81$24,493
Mar 201405,16995.895.06$26,139
Feb 201404,89397.406.19$30,297
Jan 201404,67490.404.86$22,719
Dec 201305,52791.824.35$24,067
Nov 201304,67588.853.74$17,476
Oct 201303,57197.423.78$13,496
Sep 201305,175104.113.72$19,239
Aug 201305,465104.253.52$19,251
Jul 201305,444102.523.72$20,239
Jun 201305,50494.403.93$21,649
May 201306,59194.834.15$27,347
Apr 201304,88893.964.28$20,933
Mar 201301,39293.623.91$5,447
Feb 201304,78091.233.42$16,347
Jan 201305,12091.603.42$17,510
Dec 201205,49286.773.42$18,784
Nov 201205,14586.953.62$18,650
Oct 201204,55089.383.40$15,469
Sep 201204,91894.672.92$14,353
Aug 201203,74892.662.91$10,900
Jul 201223,19985.133.02$9,834
Jun 201203,23379.822.52$8,144
May 201203,57191.612.49$8,886
Apr 201254,767101.652.00$10,027
Mar 201204,941105.052.22$10,979
Feb 201254,599101.102.57$12,326
Jan 201244,95798.092.73$13,945
Dec 201105,09196.873.24$16,494
Nov 201104,63895.723.31$15,358
Oct 201104,86284.983.65$17,739
Sep 201104,99983.623.99$19,925
Aug 201134,90083.404.15$20,582
Jul 201104,84894.144.52$21,900
Jun 201104,45592.904.64$20,671
May 201194,96598.134.40$22,753
Apr 201104,276105.964.33$18,529
Mar 201104,75496.364.06$19,289
Feb 201134,53985.644.18$19,230
Jan 201114,63686.504.59$21,360
Dec 201004,44485.734.35$19,321
Nov 201004,81280.843.80$18,263
Oct 201045,44578.103.51$19,418
Sep 201004,53572.633.98$18,047
Aug 201004,64973.684.42$20,546
Jul 2010674,62272.554.74$26,753
Jun 201004,63170.364.91$22,740
May 201005,24271.124.24$22,201
Apr 2010675,20881.694.12$26,944
Mar 2010672,34978.394.39$15,561
Feb 201004,70573.585.44$25,606
Jan 2010755,31874.365.96$37,294
Dec 200905,68471.445.48$31,170
Nov 200905,54374.593.75$20,795
Oct 200905,90972.544.11$24,287
Sep 200955,07165.543.06$15,869
Aug 200905,71667.423.22$18,397
Jul 2009175,67161.133.46$20,686
Jun 2009135,48566.163.90$22,224
May 2009105,77954.743.93$23,234
Apr 2009125,51846.773.59$20,357
Mar 2009196,07342.144.06$25,451
Feb 2009104,93832.814.63$23,206
Jan 2009265,61435.865.37$31,085
Dec 2008485,38537.105.98$33,968
Nov 2008375,55555.496.86$40,162
Oct 2008395,74475.246.92$42,694
Sep 2008345,683101.767.88$48,225
Aug 200805,854114.228.48$49,660
Jul 2008166,165131.0811.39$72,313
Jun 200855,700131.3313.03$74,943
May 200805,864123.1711.57$67,872
Apr 200885,870110.3110.45$62,253
Mar 200806,122101.909.66$59,163
Feb 200845,76792.538.77$50,950
Jan 200885,86190.388.21$48,817
Dec 200755,92988.337.30$43,735
Nov 200755,96191.677.29$43,924
Oct 200756,19882.856.92$43,317
Sep 200756,01875.846.24$37,957
Aug 200796,38869.066.39$41,428
Jul 200796,22570.906.39$40,403
Jun 200706,07562.007.55$45,857
May 200706,79358.747.85$53,300
Apr 200706,34359.617.81$49,508
Mar 200706,93356.927.30$50,625
Feb 200706,60455.108.22$54,258
Jan 200717,26450.306.73$48,914
Dec 200677,33556.656.92$51,143
Nov 200647,52454.207.62$57,531
Oct 200648,11854.906.01$49,040
Sep 200648,21360.085.04$41,611
Aug 200698,68868.717.34$64,388
Jul 200679,55869.376.34$61,110
Jun 200699,77966.286.38$63,024
May 20061316,33166.016.42$105,785
Apr 20060064.397.36$0
Mar 2006114556.707.08$1,084
Feb 200644,96757.597.75$38,730
Jan 2006129,94660.598.93$89,578
Dec 200537,51654.9413.42$100,995
Nov 200546,35054.6910.59$67,455
Oct 200526,87158.3413.80$94,907
Sep 200535,21561.4512.08$63,176
Aug 200548,10561.519.80$79,649
Jul 2005210,12955.697.84$79,560
Jun 200504,84052.337.38$35,724
May 200507,54245.226.65$50,163
Apr 200509,81049.207.36$72,206
Mar 2005010,94150.377.15$78,282
Feb 200504,12245.226.31$26,018
Jan 200504,18643.166.32$26,465
Dec 200404,83039.866.75$32,608
Nov 200407,97545.286.33$50,485
Oct 200406,92549.706.52$45,117
Sep 2004011,69243.245.28$61,779
Aug 200404,63242.375.55$25,711
Jul 200424,59838.286.08$28,052
Jun 200444,53036.106.43$29,286
May 200455,10637.486.49$33,349
Apr 200456,07734.475.86$35,774
Mar 2004106,16534.365.53$34,437
Feb 2004207,45132.455.51$41,701
Jan 200457,95332.036.30$50,261
Dec 2003149,26930.266.30$58,834
Nov 200386,43128.804.60$29,782
Oct 200346,64028.174.76$31,717
Sep 200367,58226.314.75$36,168
Aug 200369,90229.765.13$50,973
Jul 200377,13229.415.17$37,084
Jun 200338,43428.565.98$50,546
May 200369,21426.595.97$55,192
Apr 200318,21126.675.41$44,426
Mar 200327,54931.146.10$46,081
Feb 200326,67933.487.93$53,004
Jan 2003513,40630.315.58$74,984
Dec 200228,33926.914.85$40,529
Nov 200218,58324.664.14$35,532
Oct 200216,38726.464.23$27,038
Sep 200208,14927.443.64$29,623
Aug 2002211,39725.963.16$36,114
Jul 2002111,65924.583.06$35,722
Jun 200208,44123.733.34$28,178
May 2002010,64224.663.58$38,141
Apr 200208,80223.653.51$30,915
Mar 200209,56222.003.10$29,668
Feb 200208,95518.222.38$21,274
Jan 2002010,68117.172.38$25,375
Dec 2001011,76516.932.36$27,817
Nov 2001010,59918.072.41$25,496
Oct 200109,78119.782.53$24,735
Sep 2001010,81524.262.25$24,348
Aug 2001012,15724.873.05$37,117
Jul 2001012,24823.933.20$39,158
Jun 2001011,56324.563.82$44,219
May 2001014,74325.524.31$63,503
Apr 2001014,94324.685.34$79,726
Mar 2001014,27724.545.38$76,759
Feb 2001013,49727.755.77$77,838
Jan 2001014,38727.478.40$120,833
Dec 2000019,72726.889.12$179,960
Nov 2000016,66332.215.66$94,279
Oct 2000015,26731.235.15$78,556
Sep 2000017,02431.875.19$88,295
Aug 2000018,93129.644.54$85,961
Jul 2000019,27928.534.09$78,846
Jun 2000020,03429.304.40$88,095
May 2000020,68327.263.68$76,108
Apr 2000019,57124.513.12$60,983
Mar 2000023,71528.422.86$67,819
Feb 2000620,75527.622.73$56,754
Jan 20006925,38725.272.48$64,716
Dec 19994625,25324.282.42$62,323
Nov 19994523,55123.192.43$58,366
Oct 19994022,46720.982.80$63,830
Sep 19991726,22521.752.62$69,049
Aug 19991337,29619.262.88$107,499
Jul 19992162,21417.892.37$147,970
Jun 1999938,07415.942.36$90,078
May 19998127,62015.792.32$65,386
Apr 1999027,51915.102.21$60,763
Mar 1999032,38312.471.84$59,531
Feb 1999029,3039.981.82$53,267
Jan 1999032,06310.381.90$60,918
Dec 1998030,5319.201.77$54,141
Nov 1998031,47110.892.19$68,787
Oct 1998033,56512.421.97$66,097
Sep 19989934,19512.592.08$72,462
Aug 1998038,43611.301.91$73,311
Jul 1998042,14811.742.24$94,296
Jun 1998041,45011.242.24$92,735
May 1998034,88312.622.21$76,964
Apr 1998035,98213.042.51$90,147
Mar 1998041,13912.802.31$95,008
Feb 199814031,71513.952.30$74,870
Jan 1998045,37514.702.15$97,774
Dec 1997058,11816.322.41$140,128
Nov 199713941,36118.193.09$130,262
Oct 1997038,96219.253.15$122,723
Sep 1997050,45217.742.95$149,080
Aug 1997052,88317.862.55$135,102
Jul 199713757,29217.582.25$131,140
Jun 1997058,02917.242.26$130,983
May 199714965,28718.972.31$153,542
Apr 199717966,14817.882.08$140,972
Mar 1997279,04618.951.94$153,319
Feb 199715488,97120.492.21$199,417
Jan 1997167129,27923.483.54$461,530
Dec 1996171216,21923.32$3,988
Nov 1996458,57321.97$88

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             6 bbl  × $106.41 =       $638
Gas                2,155 Mcf  × $  3.05 =     $6,564

────────────────────────────────────────────────────
Month total                                   $7,202

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/161692 is the state's own key, not one this site invented.