B.M.T.

Name: B.M.T. lease production and value, Apr 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 162611District 04Field 047892372 tax incentive programmesCondensateGasSave Export

Value, all time

$12.8 M

Apr 1996 – Oct 2018

Value, last 12 filed months

at the published price for each month

Months reported

271

no gaps in the span

Streams

condensate, gas

The B.M.T. (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1997-05-13	134849
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,505 bbl	$90,849
Gas	Production	4,341,208 Mcf	$12,699,120
Total			$12,789,969

1,167,223 Mcf of this lease's gas, across 9 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 27.3658, -99.1707. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36580, -99.17069 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

11,270 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

1100.0%

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.

00.0%

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 11,270 ft.

Completions filed

Jul 2017

1 of 1 wells

1 well


42-47936437	50	11,270 ft	Jul 2017	—	Yes

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 (271)

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

271 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	1	0	45.37	3.00	$45
Jul 2017	4	2,880	43.87	3.09	$9,067
Jun 2017	0	5,221	42.49	3.09	$16,119
May 2017	0	5,575	45.37	3.26	$18,193
Apr 2017	0	5,394	47.93	3.21	$17,323
Mar 2017	0	5,547	46.77	2.98	$16,550
Feb 2017	0	5,004	50.45	2.95	$14,775
Jan 2017	0	5,643	49.41	3.42	$19,292
Dec 2016	0	6,048	48.76	3.72	$22,516
Nov 2016	0	5,502	42.49	2.64	$14,549
Oct 2016	0	5,682	46.19	3.09	$17,559
Sep 2016	0	5,543	41.55	3.10	$17,187
Aug 2016	0	4,948	41.44	2.92	$14,470
Jul 2016	0	5,315	41.62	2.92	$15,543
Jun 2016	0	4,945	45.35	2.69	$13,281
May 2016	0	5,438	42.52	1.99	$10,827
Apr 2016	0	4,317	36.56	1.99	$8,595
Mar 2016	0	5,645	33.01	1.79	$10,127
Feb 2016	0	5,129	26.47	2.06	$10,584
Jan 2016	0	3,669	27.35	2.36	$8,675
Dec 2015	0	3,736	32.36	2.00	$7,477
Nov 2015	0	3,665	38.79	2.17	$7,943
Oct 2015	0	5,211	43.55	2.43	$12,645
Sep 2015	0	5,037	42.99	2.76	$13,894
Aug 2015	0	4,568	40.16	2.87	$13,122
Jul 2015	0	4,287	48.15	2.95	$12,626
Jun 2015	0	5,643	56.15	2.88	$16,268
May 2015	0	4,494	55.21	2.96	$13,282
Apr 2015	0	5,722	49.82	2.71	$15,487
Mar 2015	0	5,306	42.89	2.93	$15,572
Feb 2015	0	4,810	44.66	2.98	$14,315
Jan 2015	0	4,953	43.43	3.10	$15,357
Dec 2014	0	4,783	54.69	3.59	$17,177
Nov 2014	0	4,456	70.46	4.25	$18,946
Oct 2014	0	4,775	78.30	3.90	$18,627
Sep 2014	0	5,159	86.16	4.05	$20,870
Aug 2014	0	5,243	89.39	4.04	$21,156
Jul 2014	0	5,294	96.56	4.18	$22,127
Jun 2014	0	5,669	98.16	4.74	$26,853
May 2014	0	6,897	94.73	4.73	$32,599
Apr 2014	0	3,994	95.94	4.81	$19,208
Mar 2014	0	3,978	95.89	5.06	$20,116
Feb 2014	0	4,668	97.40	6.19	$28,904
Jan 2014	0	5,625	90.40	4.86	$27,342
Dec 2013	0	6,086	91.82	4.35	$26,501
Nov 2013	0	5,761	88.85	3.74	$21,536
Oct 2013	0	6,290	97.42	3.78	$23,772
Sep 2013	0	6,058	104.11	3.72	$22,522
Aug 2013	0	5,884	104.25	3.52	$20,727
Jul 2013	0	5,549	102.52	3.72	$20,630
Jun 2013	0	5,134	94.40	3.93	$20,194
May 2013	0	6,007	94.83	4.15	$24,924
Apr 2013	0	6,120	93.96	4.28	$26,209
Mar 2013	0	6,757	93.62	3.91	$26,439
Feb 2013	0	6,564	91.23	3.42	$22,448
Jan 2013	0	3,200	91.60	3.42	$10,944
Dec 2012	0	1,874	86.77	3.42	$6,409
Nov 2012	0	5,489	86.95	3.62	$19,897
Oct 2012	0	1,242	89.38	3.40	$4,222
Sep 2012	0	5,090	94.67	2.92	$14,855
Aug 2012	0	6,868	92.66	2.91	$19,973
Jul 2012	0	7,175	85.13	3.02	$21,674
Jun 2012	0	6,888	79.82	2.52	$17,351
May 2012	0	5,164	91.61	2.49	$12,850
Apr 2012	0	5,829	101.65	2.00	$11,639
Mar 2012	0	6,945	105.05	2.22	$15,432
Feb 2012	0	6,042	101.10	2.57	$15,529
Jan 2012	0	6,744	98.09	2.73	$18,439
Dec 2011	0	7,117	96.87	3.24	$23,057
Nov 2011	0	6,619	95.72	3.31	$21,917
Oct 2011	0	6,358	84.98	3.65	$23,197
Sep 2011	0	6,460	83.62	3.99	$25,748
Aug 2011	0	6,688	83.40	4.15	$27,751
Jul 2011	0	6,759	94.14	4.52	$30,532
Jun 2011	0	6,449	92.90	4.64	$29,923
May 2011	0	6,793	98.13	4.40	$29,922
Apr 2011	0	5,771	105.96	4.33	$25,007
Mar 2011	0	5,641	96.36	4.06	$22,887
Feb 2011	0	5,606	85.64	4.18	$23,433
Jan 2011	0	6,476	86.50	4.59	$29,717
Dec 2010	0	5,208	85.73	4.35	$22,643
Nov 2010	0	3,980	80.84	3.80	$15,105
Oct 2010	0	5,092	78.10	3.51	$17,867
Sep 2010	0	5,627	72.63	3.98	$22,392
Aug 2010	0	6,023	73.68	4.42	$26,618
Jul 2010	0	6,024	72.55	4.74	$28,533
Jun 2010	0	5,247	70.36	4.91	$25,765
May 2010	0	5,106	71.12	4.24	$21,625
Apr 2010	0	3,759	81.69	4.12	$15,497
Mar 2010	0	6,764	78.39	4.39	$29,685
Feb 2010	0	5,588	73.58	5.44	$30,412
Jan 2010	0	5,332	74.36	5.96	$31,801
Dec 2009	0	5,165	71.44	5.48	$28,324
Nov 2009	0	4,148	74.59	3.75	$15,561
Oct 2009	0	5,621	72.54	4.11	$23,104
Sep 2009	0	4,771	65.54	3.06	$14,622
Aug 2009	0	5,621	67.42	3.22	$18,091
Jul 2009	0	6,149	61.13	3.46	$21,303
Jun 2009	0	6,638	66.16	3.90	$25,855
May 2009	0	6,816	54.74	3.93	$26,758
Apr 2009	0	6,317	46.77	3.59	$22,662
Mar 2009	0	5,930	42.14	4.06	$24,070
Feb 2009	0	5,577	32.81	4.63	$25,838
Jan 2009	1	6,545	35.86	5.37	$35,189
Dec 2008	9	6,569	37.10	5.98	$39,598
Nov 2008	13	7,113	55.49	6.86	$49,519
Oct 2008	12	7,743	75.24	6.92	$54,500
Sep 2008	15	7,191	101.76	7.88	$58,171
Aug 2008	11	8,107	114.22	8.48	$70,028
Jul 2008	0	8,588	131.08	11.39	$97,812
Jun 2008	0	8,355	131.33	13.03	$108,888
May 2008	0	8,133	123.17	11.57	$94,134
Apr 2008	0	7,852	110.31	10.45	$82,092
Mar 2008	0	8,946	101.90	9.66	$86,455
Feb 2008	0	6,886	92.53	8.77	$60,394
Jan 2008	1	7,019	90.38	8.21	$57,686
Dec 2007	14	5,122	88.33	7.30	$38,637
Nov 2007	20	7,113	91.67	7.29	$53,699
Oct 2007	17	7,319	82.85	6.92	$52,070
Sep 2007	12	7,455	75.84	6.24	$47,460
Aug 2007	14	7,744	69.06	6.39	$50,435
Jul 2007	15	7,748	70.90	6.39	$50,557
Jun 2007	25	7,073	62.00	7.55	$54,940
May 2007	22	7,616	58.74	7.85	$61,050
Apr 2007	25	7,108	59.61	7.81	$56,970
Mar 2007	28	7,222	56.92	7.30	$54,329
Feb 2007	28	6,627	55.10	8.22	$55,990
Jan 2007	38	7,367	50.30	6.73	$51,468
Dec 2006	25	7,056	56.65	6.92	$50,233
Nov 2006	31	6,246	54.20	7.62	$49,259
Oct 2006	22	4,728	54.90	6.01	$29,641
Sep 2006	24	5,438	60.08	5.04	$28,834
Aug 2006	22	4,814	68.71	7.34	$36,846
Jul 2006	0	2,135	69.37	6.34	$13,542
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	3,877	66.01	6.42	$24,910
Apr 2006	0	4,608	64.39	7.36	$33,917
Mar 2006	0	5,013	56.70	7.08	$35,507
Feb 2006	0	4,562	57.59	7.75	$35,361
Jan 2006	0	5,016	60.59	8.93	$44,810
Dec 2005	0	4,957	54.94	13.42	$66,500
Nov 2005	0	4,731	54.69	10.59	$50,094
Oct 2005	0	5,142	58.34	13.80	$70,938
Sep 2005	0	4,385	61.45	12.08	$52,966
Aug 2005	0	4,878	61.51	9.80	$47,789
Jul 2005	1	5,032	55.69	7.84	$39,525
Jun 2005	17	5,399	52.33	7.38	$40,740
May 2005	22	5,476	45.22	6.65	$37,417
Apr 2005	15	6,384	49.20	7.36	$47,727
Mar 2005	3	6,624	50.37	7.15	$47,545
Feb 2005	27	9,887	45.22	6.31	$63,627
Jan 2005	10	7,547	43.16	6.32	$48,145
Dec 2004	21	7,224	39.86	6.75	$49,607
Nov 2004	23	8,915	45.28	6.33	$57,477
Oct 2004	17	7,575	49.70	6.52	$50,197
Sep 2004	25	11,490	43.24	5.28	$61,793
Aug 2004	23	10,325	42.37	5.55	$58,285
Jul 2004	29	11,418	38.28	6.08	$70,579
Jun 2004	27	12,074	36.10	6.43	$78,647
May 2004	0	10,501	37.48	6.49	$68,200
Apr 2004	0	13,159	34.47	5.86	$77,091
Mar 2004	0	12,687	34.36	5.53	$70,161
Feb 2004	0	9,151	32.45	5.51	$50,419
Jan 2004	0	16,270	32.03	6.30	$102,495
Dec 2003	0	11,396	30.26	6.30	$71,813
Nov 2003	0	12,734	28.80	4.60	$58,515
Oct 2003	0	13,196	28.17	4.76	$62,808
Sep 2003	0	15,380	26.31	4.75	$73,045
Aug 2003	0	17,582	29.76	5.13	$90,191
Jul 2003	0	17,856	29.41	5.17	$92,331
Jun 2003	0	16,166	28.56	5.98	$96,721
May 2003	0	18,251	26.59	5.97	$109,007
Apr 2003	0	17,598	26.67	5.41	$95,157
Mar 2003	0	16,819	31.14	6.10	$102,529
Feb 2003	0	17,683	33.48	7.93	$140,153
Jan 2003	0	17,937	30.31	5.58	$100,125
Dec 2002	0	14,393	26.91	4.85	$69,860
Nov 2002	0	16,942	24.66	4.14	$70,088
Oct 2002	0	19,948	26.46	4.23	$84,362
Sep 2002	0	7,884	27.44	3.64	$28,660
Aug 2002	0	18,193	25.96	3.16	$57,566
Jul 2002	0	15,010	24.58	3.06	$45,957
Jun 2002	0	8,077	23.73	3.34	$26,963
May 2002	0	19,874	24.66	3.58	$71,228
Apr 2002	0	18,731	23.65	3.51	$65,789
Mar 2002	0	15,953	22.00	3.10	$49,498
Feb 2002	0	19,718	18.22	2.38	$46,844
Jan 2002	0	21,448	17.17	2.38	$50,954
Dec 2001	25	19,312	16.93	2.36	$46,085
Nov 2001	39	16,569	18.07	2.41	$40,562
Oct 2001	34	22,772	19.78	2.53	$58,260
Sep 2001	32	24,166	24.26	2.25	$55,182
Aug 2001	0	26,194	24.87	3.05	$79,974
Jul 2001	0	22,846	23.93	3.20	$73,040
Jun 2001	0	25,783	24.56	3.82	$98,598
May 2001	0	26,216	25.52	4.31	$112,921
Apr 2001	0	24,495	24.68	5.34	$130,689
Mar 2001	0	25,996	24.54	5.38	$139,766
Feb 2001	0	26,752	27.75	5.77	$154,281
Jan 2001	0	25,981	27.47	8.40	$218,208
Dec 2000	0	37,618	26.88	9.12	$343,170
Nov 2000	0	31,877	32.21	5.66	$180,360
Oct 2000	0	30,690	31.23	5.15	$157,915
Sep 2000	0	38,773	31.87	5.19	$201,096
Aug 2000	0	38,451	29.64	4.54	$174,596
Jul 2000	0	38,307	28.53	4.09	$156,666
Jun 2000	0	40,349	29.30	4.40	$177,425
May 2000	0	22,484	27.26	3.68	$82,736
Apr 2000	0	28,599	24.51	3.12	$89,114
Mar 2000	0	10,075	28.42	2.86	$28,812
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	42	25.27	2.48	$104
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	2	124	19.26	2.88	$395
Jul 1999	17	3	17.89	2.37	$311
Jun 1999	8	10	15.94	2.36	$151
May 1999	24	0	15.79	2.32	$379
Apr 1999	5	38	15.10	2.21	$159
Mar 1999	175	424	12.47	1.84	$2,962
Feb 1999	0	700	9.98	1.82	$1,272
Jan 1999	0	16,065	10.38	1.90	$30,523
Dec 1998	0	18,867	9.20	1.77	$33,457
Nov 1998	0	20,066	10.89	2.19	$43,859
Oct 1998	0	18,797	12.42	1.97	$37,015
Sep 1998	89	25,232	12.59	2.08	$53,669
Aug 1998	0	32,601	11.30	1.91	$62,182
Jul 1998	0	33,909	11.74	2.24	$75,864
Jun 1998	148	32,913	11.24	2.24	$75,299
May 1998	0	49,309	12.62	2.21	$108,792
Apr 1998	0	48,034	13.04	2.51	$120,341
Mar 1998	158	45,982	12.80	2.31	$108,215
Feb 1998	0	44,804	13.95	2.30	$103,010
Jan 1998	73	51,489	14.70	2.15	$112,021
Dec 1997	138	53,259	16.32	2.41	$130,665
Nov 1997	0	45,555	18.19	3.09	$140,686
Oct 1997	0	48,712	19.25	3.15	$153,434
Sep 1997	122	51,435	17.74	2.95	$154,149
Aug 1997	165	57,324	17.86	2.55	$149,395
Jul 1997	0	61,534	17.58	2.25	$138,263
Jun 1997	182	62,294	17.24	2.26	$143,748
May 1997	5	69,050	18.97	2.31	$159,497
Apr 1997	1	67,445	17.88	2.08	$140,491
Mar 1997	170	71,258	18.95	1.94	$141,401
Feb 1997	5	73,777	20.49	2.21	$162,847
Jan 1997	190	87,156	23.48	3.54	$312,967
Dec 1996	2	95,721	23.32	—	$47
Nov 1996	174	103,830	21.97	—	$3,823
Oct 1996	3	114,704	23.31	—	$70
Sep 1996	164	124,677	22.22	—	$3,644
Aug 1996	3	150,315	20.26	—	$61
Jul 1996	139	176,943	19.55	—	$2,717
Jun 1996	174	202,890	18.73	—	$3,259
May 1996	155	138,778	19.43	—	$3,012
Apr 1996	175	59,365	21.51	—	$3,764

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.

Aug 2017 — as filed, then multipliedworked

Condensate             1 bbl  × $ 45.37 =        $45
Gas                    0 Mcf  × $  3.00 =         $0

────────────────────────────────────────────────────
Month total                                      $45

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/162611 is the state's own key, not one this site invented.