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 163039District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
May 1997 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
349
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 Gas111997-08-04136822
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
CondensateDisposition2,214 bbl$63,576
GasProduction1,102,292 Mcf$4,268,686
Total$4,332,262

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 27.3726, -99.1586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.37256, -99.15862 · 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
11,446 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 11,446 ft.

Completions filed
May 1997
1 of 1 wells

1 well

42-479366305511,446 ftMay 1997

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 (349)

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

349 months

May 202621,006106.413.05$3,277
Apr 2026488298.932.87$2,927
Mar 2026391989.753.15$3,164
Feb 2026286363.503.75$3,364
Jan 2026191359.138.00$7,361
Dec 2025183156.664.41$3,724
Nov 202541,07758.593.93$4,463
Oct 202521,11059.383.30$3,787
Sep 202521,20862.743.08$3,842
Aug 202521,05363.933.01$3,302
Jul 202541,04766.743.32$3,738
Jun 2025099966.483.13$3,126
May 202541,04160.553.23$3,607
Apr 202531,01062.363.54$3,766
Mar 202531,04367.704.27$4,655
Feb 2025295170.884.34$4,270
Jan 202541,03374.324.28$4,717
Dec 202441,03468.993.12$3,503
Nov 202421,03869.052.20$2,420
Oct 202441,27571.372.28$3,194
Sep 2024298069.612.36$2,456
Aug 202431,06875.632.06$2,431
Jul 202431,08479.932.15$2,567
Jun 202431,06278.082.63$3,032
May 202421,07878.812.20$2,528
Apr 202431,05684.451.66$2,005
Mar 202431,12680.301.55$1,981
Feb 202441,07476.091.78$2,220
Jan 202421,19773.023.30$4,093
Dec 202341,34971.262.61$3,807
Nov 202311,29477.892.81$3,711
Oct 202321,22785.443.09$3,959
Sep 2023280289.042.74$2,372
Aug 2023298280.522.67$2,786
Jul 202321,12974.852.64$3,132
Jun 2023298568.962.26$2,363
May 202331,05970.622.23$2,571
Apr 202331,04778.122.24$2,577
Mar 202351,11472.852.39$3,030
Feb 2023397375.112.47$2,624
Jan 2023384276.533.39$3,082
Dec 202231,05676.415.73$6,279
Nov 202231,09185.005.65$6,415
Oct 202241,11687.185.86$6,893
Sep 202211,03584.888.16$8,534
Aug 202231,14794.529.13$10,752
Jul 202241,293101.587.54$10,158
Jun 202231,235115.097.98$10,197
May 202231,341109.378.43$11,637
Apr 202231,235104.226.84$8,757
Mar 202241,279108.885.08$6,928
Feb 202231,05191.054.86$5,380
Jan 202231,06381.844.54$5,069
Dec 202141,14171.323.90$4,734
Nov 202131,13277.435.24$6,160
Oct 202131,32079.795.71$7,782
Sep 202131,03369.865.35$5,737
Aug 202131,05466.024.22$4,647
Jul 202141,16670.783.98$4,926
Jun 202121,01869.493.38$3,580
May 202131,08263.483.02$3,456
Apr 202151,09060.362.76$3,308
Mar 202151,26561.302.72$3,743
Feb 202131,04457.805.55$5,965
Jan 202131,23050.412.81$3,608
Dec 202021,21144.642.68$3,329
Nov 202041,23938.772.71$3,509
Oct 202031,12836.972.48$2,907
Sep 202031,11537.091.99$2,331
Aug 202011,23239.982.39$2,978
Jul 202051,23938.371.83$2,453
Jun 202031,20434.901.69$2,140
May 202001,24416.921.81$2,258
Apr 202031,26214.751.80$2,321
Mar 202031,25830.341.86$2,426
Feb 202031,08649.881.98$2,301
Jan 202031,27657.252.09$2,845
Dec 201941,33359.012.30$3,308
Nov 201931,08255.302.75$3,142
Oct 201931,19553.472.42$3,051
Sep 201941,21455.052.66$3,446
Aug 201951,27153.112.30$3,194
Jul 201931,29256.272.46$3,347
Jun 201921,40452.782.49$3,603
May 201951,31558.482.74$3,896
Apr 201951,26762.632.75$3,798
Mar 201941,35656.803.06$4,379
Feb 201951,21850.852.79$3,655
Jan 201961,39246.033.23$4,770
Dec 201841,39046.594.19$6,004
Nov 201841,10452.934.24$4,890
Oct 201841,14761.443.40$4,143
Sep 201841,14159.543.11$3,784
Aug 201831,21759.403.07$3,910
Jul 201841,26865.142.93$3,978
Jun 201831,38360.183.08$4,436
May 201841,17665.382.90$3,673
Apr 201861,16763.842.90$3,768
Mar 201821,23561.222.79$3,564
Feb 201861,22561.782.77$3,759
Jan 201851,66062.874.01$6,970
Dec 201751,17157.272.92$3,707
Nov 201721,17455.423.12$3,772
Oct 201731,20649.292.98$3,746
Sep 201731,18347.523.09$3,795
Aug 201721,24445.373.00$3,828
Jul 201721,24143.873.09$3,919
Jun 201701,16342.493.09$3,591
May 201701,28645.373.26$4,197
Apr 201701,20147.933.21$3,857
Mar 201701,27046.772.98$3,789
Feb 201701,22450.452.95$3,614
Jan 201701,36549.413.42$4,667
Dec 201601,35248.763.72$5,033
Nov 201601,32842.492.64$3,512
Oct 201601,42646.193.09$4,407
Sep 201601,38841.553.10$4,304
Aug 201601,52641.442.92$4,463
Jul 201601,57541.622.92$4,606
Jun 201601,26645.352.69$3,400
May 201601,46042.521.99$2,907
Apr 201601,40036.561.99$2,787
Mar 201601,49033.011.79$2,673
Feb 201601,41126.472.06$2,912
Jan 201601,47627.352.36$3,490
Dec 201501,60532.362.00$3,212
Nov 201501,66238.792.17$3,602
Oct 201501,61143.552.43$3,909
Sep 201501,52642.992.76$4,209
Aug 201501,64540.162.87$4,725
Jul 201501,85048.152.95$5,448
Jun 201501,90256.152.88$5,483
May 201501,58555.212.96$4,684
Apr 201501,64249.822.71$4,444
Mar 201501,71342.892.93$5,027
Feb 201501,57744.662.98$4,693
Jan 201501,77843.433.10$5,513
Dec 201401,73954.693.59$6,245
Nov 201401,72070.464.25$7,313
Oct 201401,74578.303.90$6,807
Sep 201401,69586.164.05$6,857
Aug 201401,89689.394.04$7,651
Jul 201401,76496.564.18$7,373
Jun 201401,65598.164.74$7,840
May 201401,93294.734.73$9,132
Apr 201401,71395.944.81$8,238
Mar 201401,67195.895.06$8,450
Feb 201401,57497.406.19$9,746
Jan 201401,69090.404.86$8,215
Dec 201301,77791.824.35$7,738
Nov 201301,80288.853.74$6,736
Oct 201301,74397.423.78$6,587
Sep 201301,751104.113.72$6,510
Aug 201301,874104.253.52$6,601
Jul 201301,936102.523.72$7,198
Jun 201301,89094.403.93$7,434
May 201302,05494.834.15$8,522
Apr 201301,85293.964.28$7,931
Mar 201302,01193.623.91$7,869
Feb 201301,62891.233.42$5,568
Jan 201301,94991.603.42$6,665
Dec 201202,10286.773.42$7,189
Nov 201202,04486.953.62$7,409
Oct 201201,84889.383.40$6,283
Sep 201201,57194.672.92$4,585
Aug 201201,67692.662.91$4,874
Jul 201231,89085.133.02$5,965
Jun 201201,76079.822.52$4,434
May 201201,80691.612.49$4,494
Apr 201261,794101.652.00$4,192
Mar 201201,963105.052.22$4,362
Feb 201251,785101.102.57$5,093
Jan 201252,04698.092.73$6,084
Dec 201101,93196.873.24$6,256
Nov 201101,81495.723.31$6,007
Oct 201102,11884.983.65$7,728
Sep 201102,14183.623.99$8,534
Aug 201122,19283.404.15$9,262
Jul 201102,25494.144.52$10,182
Jun 201101,93092.904.64$8,955
May 201151,82098.134.40$8,507
Apr 201101,861105.964.33$8,064
Mar 201101,81496.364.06$7,360
Feb 201131,87185.644.18$8,078
Jan 2011192,02986.504.59$10,954
Dec 201001,96685.734.35$8,548
Nov 201001,44380.843.80$5,477
Oct 201041,67078.103.51$6,172
Sep 201001,72372.633.98$6,857
Aug 201002,60873.684.42$11,526
Jul 201002,19872.554.74$10,411
Jun 201002,21870.364.91$10,891
May 201002,32371.124.24$9,838
Apr 201002,43481.694.12$10,035
Mar 201002,00078.394.39$8,777
Feb 201001,92973.585.44$10,498
Jan 201002,32074.365.96$13,837
Dec 200902,39771.445.48$13,145
Nov 200902,26174.593.75$8,482
Oct 200902,43672.544.11$10,013
Sep 200902,54465.543.06$7,797
Aug 200902,34367.423.22$7,541
Jul 200902,52561.133.46$8,748
Jun 200902,42266.163.90$9,434
May 200902,60654.743.93$10,231
Apr 200902,37346.773.59$8,513
Mar 200902,70442.144.06$10,976
Feb 200902,18832.814.63$10,137
Jan 200902,54135.865.37$13,648
Dec 200802,13037.105.98$12,731
Nov 200802,22555.496.86$15,264
Oct 200802,38375.246.92$16,495
Sep 200802,326101.767.88$18,322
Aug 200802,405114.228.48$20,402
Jul 200802,456131.0811.39$27,972
Jun 200802,332131.3313.03$30,392
May 200802,366123.1711.57$27,385
Apr 200802,431110.3110.45$25,416
Mar 200802,485101.909.66$24,015
Feb 200802,30692.538.77$20,225
Jan 200802,42190.388.21$19,866
Dec 200702,57688.337.30$18,810
Nov 200702,40191.677.29$17,507
Oct 200702,52182.856.92$17,450
Sep 200702,46875.846.24$15,411
Aug 200702,68269.066.39$17,132
Jul 200702,37770.906.39$15,184
Jun 200712,08262.007.55$15,778
May 2007112,36558.747.85$19,203
Apr 2007162,84159.617.81$23,128
Mar 2007223,55356.927.30$27,196
Feb 2007283,50555.108.22$30,340
Jan 2007163,32350.306.73$23,158
Dec 2006142,45356.656.92$17,764
Nov 200602,52254.207.62$19,211
Oct 200602,70054.906.01$16,237
Sep 200602,59660.085.04$13,077
Aug 200602,72368.717.34$19,987
Jul 200602,65269.376.34$16,821
Jun 200602,76966.286.38$17,677
May 200602,77066.016.42$17,797
Apr 200602,80464.397.36$20,639
Mar 200602,73556.707.08$19,372
Feb 200602,42657.597.75$18,804
Jan 200603,07460.598.93$27,461
Dec 200522,24654.9413.42$30,241
Nov 2005182,12254.6910.59$23,453
Oct 200593,04758.3413.80$42,561
Sep 2005192,78861.4512.08$34,844
Aug 2005153,03261.519.80$30,627
Jul 200512,92055.697.84$22,959
Jun 200532,80152.337.38$20,831
May 200522,90445.226.65$19,405
Apr 200532,77049.207.36$20,536
Mar 200533,01850.377.15$21,745
Feb 200532,86045.226.31$18,188
Jan 200543,24243.166.32$20,669
Dec 200402,95539.866.75$19,949
Nov 200462,93145.286.33$18,826
Oct 200423,21749.706.52$21,058
Sep 200442,91343.245.28$15,565
Aug 200413,14842.375.55$17,516
Jul 200423,31638.286.08$20,252
Jun 200423,19236.106.43$20,606
May 200423,33237.486.49$21,715
Apr 200433,45434.475.86$20,339
Mar 200453,51134.365.53$19,588
Feb 200473,17532.455.51$17,720
Jan 200413,40832.036.30$21,501
Dec 200303,27230.266.30$20,619
Nov 200303,11128.804.60$14,296
Oct 200303,40928.174.76$16,226
Sep 200303,14226.314.75$14,922
Aug 200303,54429.765.13$18,180
Jul 200323,22529.415.17$16,735
Jun 200333,58528.565.98$21,535
May 200353,45426.595.97$20,763
Apr 200313,47526.675.41$18,817
Mar 200303,62131.146.10$22,074
Feb 200303,35633.487.93$26,599
Jan 200313,77730.315.58$21,114
Dec 200213,56126.914.85$17,311
Nov 200203,82224.664.14$15,811
Oct 200203,69526.464.23$15,627
Sep 200203,82927.443.64$13,919
Aug 200203,77225.963.16$11,935
Jul 200204,10124.583.06$12,556
Jun 200203,39323.733.34$11,327
May 200203,77824.663.58$13,540
Apr 200203,20123.653.51$11,243
Mar 200203,62422.003.10$11,244
Feb 200203,21818.222.38$7,645
Jan 200204,27117.172.38$10,147
Dec 200104,61016.932.36$10,900
Nov 200104,12118.072.41$9,913
Oct 200103,87019.782.53$9,787
Sep 200104,17624.262.25$9,402
Aug 200104,30024.873.05$13,129
Jul 200104,46823.933.20$14,285
Jun 200104,29524.563.82$16,425
May 200103,95825.524.31$17,048
Apr 200104,17524.685.34$22,275
Mar 200103,76024.545.38$20,215
Feb 200103,62127.755.77$20,883
Jan 200104,38127.478.40$36,795
Dec 200005,32926.889.12$48,614
Nov 200004,87132.215.66$27,560
Oct 200004,36731.235.15$22,470
Sep 200004,70731.875.19$24,413
Aug 200004,66129.644.54$21,164
Jul 200004,60528.534.09$18,833
Jun 200005,09629.304.40$22,408
May 200005,09527.263.68$18,748
Apr 200005,13524.513.12$16,001
Mar 200004,38128.422.86$12,529
Feb 200004,36727.622.73$11,907
Jan 200035,43825.272.48$13,565
Dec 1999275,06924.282.42$12,941
Nov 1999295,00523.192.43$12,855
Oct 1999274,63920.982.80$13,573
Sep 1999387,77521.752.62$21,188
Aug 19993310,96319.262.88$32,161
Jul 1999489,24617.892.37$22,794
Jun 1999249,61815.942.36$23,101
May 19991019,02415.792.32$22,540
Apr 199908,83115.102.21$19,499
Mar 199909,28512.471.84$17,069
Feb 199908,8789.981.82$16,138
Jan 199908,54510.381.90$16,235
Dec 1998010,1169.201.77$17,939
Nov 199816710,15010.892.19$24,004
Oct 1998011,04512.421.97$21,750
Sep 1998010,43912.592.08$21,740
Aug 1998011,29311.301.91$21,540
Jul 1998012,47111.742.24$27,901
Jun 1998012,66611.242.24$28,337
May 199818512,45712.622.21$29,819
Apr 19989512,80913.042.51$33,330
Mar 1998113,64812.802.31$31,532
Feb 1998013,53613.952.30$31,121
Jan 199860018,30214.702.15$48,257
Dec 1997020,71316.322.41$49,941
Nov 1997019,91718.193.09$61,509
Oct 1997028,83719.253.15$90,831
Sep 1997039,46317.742.95$116,608
Aug 199715253,76117.862.55$140,060
Jul 1997022417.582.25$503
Jun 1997025017.242.26$564
May 19975824,26918.972.31$57,125

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             2 bbl  × $106.41 =       $213
Gas                1,006 Mcf  × $  3.05 =     $3,064

────────────────────────────────────────────────────
Month total                                   $3,277

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/163039 is the state's own key, not one this site invented.