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 166761District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.8 M
Jan 1998 – May 2026
Value, last 12 filed months
$217 k
at the published price for each month
Months reported
341
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 Gas111998-06-08138552
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
CondensateDisposition55,469 bbl$1,984,987
GasProduction7,812,144 Mcf$29,851,993
Total$31,836,980

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 27.3685, -99.1824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36848, -99.18243 · 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
11,500 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 11,500 ft.

Completions filed
Jan 1998
1 of 1 wells

1 well

42-479368225711,500 ftJan 1998

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 (341)

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

341 months

May 2026114,600106.413.05$15,181
Apr 2026194,54598.932.87$14,923
Mar 2026124,52389.753.15$15,322
Feb 202684,14663.503.75$16,057
Jan 202674,58959.138.00$37,116
Dec 202544,64056.664.41$20,705
Nov 2025164,68658.593.93$19,337
Oct 202584,95659.383.30$16,854
Sep 202574,85462.743.08$15,375
Aug 202574,70463.933.01$14,629
Jul 2025204,69266.743.32$16,890
Jun 202504,76766.483.13$14,915
May 2025174,99960.553.23$17,188
Apr 2025134,88762.363.54$18,126
Mar 2025135,05067.704.27$22,435
Feb 202594,62170.884.34$20,697
Jan 2025185,06274.324.28$22,996
Dec 2024165,42668.993.12$18,040
Nov 202484,21169.052.20$9,810
Oct 2024164,79071.372.28$12,070
Sep 202494,61369.612.36$11,533
Aug 2024125,07275.632.06$11,374
Jul 2024124,98379.932.15$11,656
Jun 2024134,77378.082.63$13,587
May 202495,05478.812.20$11,820
Apr 2024144,83984.451.66$9,211
Mar 2024134,87580.301.55$8,576
Feb 2024184,88676.091.78$10,084
Jan 202484,75673.023.30$16,268
Dec 2023164,96471.262.61$14,100
Nov 202345,13977.892.81$14,740
Oct 2023175,27385.443.09$17,732
Sep 202385,11889.042.74$14,710
Aug 202385,15280.522.67$14,415
Jul 2023114,17874.852.64$11,861
Jun 202384,75468.962.26$11,288
May 2023185,00470.622.23$12,417
Apr 2023164,68378.122.24$11,729
Mar 2023204,64872.852.39$12,580
Feb 2023124,39375.112.47$11,733
Jan 2023165,35676.533.39$19,369
Dec 2022214,70376.415.73$28,548
Nov 2022165,02085.005.65$29,704
Oct 2022205,13187.185.86$31,831
Sep 202244,94884.888.16$40,733
Aug 2022125,33694.529.13$49,837
Jul 2022205,472101.587.54$43,302
Jun 2022124,909115.097.98$40,541
May 2022125,447109.378.43$47,247
Apr 2022165,107104.226.84$36,587
Mar 2022165,266108.885.08$28,474
Feb 2022124,80991.054.86$24,459
Jan 2022125,21981.844.54$24,664
Dec 2021205,43571.323.90$22,618
Nov 2021125,34677.435.24$28,925
Oct 2021245,74279.795.71$34,724
Sep 2021125,52169.865.35$30,381
Aug 2021166,06866.024.22$26,667
Jul 2021166,22970.783.98$25,937
Jun 202186,10169.493.38$21,181
May 2021206,38063.483.02$20,522
Apr 2021206,34260.362.76$18,701
Mar 2021246,47461.302.72$19,061
Feb 2021165,47157.805.55$31,278
Jan 2021156,10750.412.81$17,918
Dec 2020126,15844.642.68$17,011
Nov 2020196,08538.772.71$17,206
Oct 2020196,24036.972.48$16,168
Sep 2020115,93937.091.99$12,233
Aug 202076,10839.982.39$14,848
Jul 2020216,06838.371.83$11,881
Jun 2020175,86434.901.69$10,505
May 202006,13216.921.81$11,128
Apr 2020155,12314.751.80$9,465
Mar 2020126,13630.341.86$11,754
Feb 2020115,04949.881.98$10,549
Jan 2020175,23557.252.09$11,939
Dec 2019185,76959.012.30$14,356
Nov 2019175,46955.302.75$15,984
Oct 2019144,76553.472.42$12,273
Sep 2019164,11855.052.66$11,823
Aug 2019215,46253.112.30$13,702
Jul 2019135,19556.272.46$13,512
Jun 2019166,09452.782.49$16,026
May 2019226,24258.482.74$18,392
Apr 2019225,81462.632.75$17,370
Mar 2019185,98056.803.06$19,334
Feb 2019235,44950.852.79$16,384
Jan 2019245,94946.033.23$20,309
Dec 2018216,50346.594.19$28,196
Nov 2018206,24852.934.24$27,533
Oct 2018196,37361.443.40$22,823
Sep 2018185,57059.543.11$18,383
Aug 2018126,57759.403.07$20,882
Jul 2018186,45565.142.93$20,098
Jun 2018155,96160.183.08$19,244
May 2018226,61865.382.90$20,636
Apr 2018296,30863.842.90$20,150
Mar 2018146,57161.222.79$19,169
Feb 2018255,73761.782.77$17,414
Jan 2018236,68462.874.01$28,244
Dec 2017276,24357.272.92$19,785
Nov 2017106,36255.423.12$20,393
Oct 2017196,40549.292.98$20,047
Sep 2017186,37747.523.09$20,543
Aug 2017126,92845.373.00$21,359
Jul 2017187,31643.873.09$23,376
Jun 201708,29942.493.09$25,621
May 201709,26145.373.26$30,222
Apr 201708,42547.933.21$27,058
Mar 201708,94046.772.98$26,674
Feb 201708,42850.452.95$24,885
Jan 201709,21649.413.42$31,508
Dec 201609,18548.763.72$34,194
Nov 201608,72542.492.64$23,072
Oct 201609,30946.193.09$28,767
Sep 201609,14141.553.10$28,343
Aug 201608,82641.442.92$25,810
Jul 201609,39741.622.92$27,480
Jun 201608,10345.352.69$21,763
May 201608,78142.521.99$17,483
Apr 201609,31036.561.99$18,537
Mar 201608,20533.011.79$14,720
Feb 201608,60226.472.06$17,751
Jan 201609,62727.352.36$22,762
Dec 201509,78432.362.00$19,582
Nov 2015010,43838.792.17$22,623
Oct 2015011,30443.552.43$27,430
Sep 2015010,43342.992.76$28,779
Aug 201509,49440.162.87$27,271
Jul 20151510,01548.152.95$30,217
Jun 20151139,40156.152.88$33,447
May 201515510,62855.212.96$39,968
Apr 20159710,27849.822.71$32,651
Mar 201511110,15742.892.93$34,569
Feb 2015989,47344.662.98$32,570
Jan 201514610,29343.433.10$38,256
Dec 2014011,40154.693.59$40,945
Nov 2014011,32570.464.25$48,152
Oct 2014010,92078.303.90$42,598
Sep 2014011,34086.164.05$45,875
Aug 20145012,09789.394.04$53,282
Jul 201458612,44596.564.18$108,599
Jun 201439212,86798.164.74$99,428
May 201461712,53494.734.73$117,691
Apr 201438613,52195.944.81$102,057
Mar 201447116,48395.895.06$128,515
Feb 201433817,53697.406.19$141,504
Jan 201407,96890.404.86$38,730
Dec 201304,87091.824.35$21,206
Nov 201306,19988.853.74$23,174
Oct 201307,82797.423.78$29,581
Sep 201305,355104.113.72$19,909
Aug 201307,303104.253.52$25,726
Jul 2013117,619102.523.72$29,453
Jun 2013325,82394.403.93$25,925
May 2013437,36394.834.15$34,627
Apr 2013417,03893.964.28$33,993
Mar 2013376,72893.623.91$29,790
Feb 2013527,50491.233.42$30,407
Jan 2013427,31491.603.42$28,860
Dec 2012779,23586.773.42$38,266
Nov 20121068,27086.953.62$39,195
Oct 20121305,61989.383.40$30,722
Sep 20122099,16994.672.92$46,545
Aug 20121759,92892.662.91$45,088
Jul 201209,86085.133.02$29,785
Jun 2012011,36079.822.52$28,616
May 201209,37891.612.49$23,335
Apr 201208,900101.652.00$17,772
Mar 201208,311105.052.22$18,468
Feb 201209,335101.102.57$23,993
Jan 2012010,52398.092.73$28,771
Dec 201109,29696.873.24$30,117
Nov 2011010,34295.723.31$34,245
Oct 2011010,11384.983.65$36,898
Sep 2011010,17183.623.99$40,540
Aug 2011011,05383.404.15$45,862
Jul 2011810,48294.144.52$48,103
Jun 20116110,47292.904.64$54,256
May 2011479,41098.134.40$46,061
Apr 20117210,291105.964.33$52,223
Mar 20119611,52996.364.06$56,028
Feb 20116610,82685.644.18$50,905
Jan 20114611,48086.504.59$56,658
Dec 2010011,66685.734.35$50,721
Nov 2010011,52080.843.80$43,722
Oct 2010012,52878.103.51$43,959
Sep 2010011,43072.633.98$45,485
Aug 2010012,03273.684.42$53,174
Jul 20102012,92272.554.74$62,656
Jun 201012211,54870.364.91$65,289
May 201017811,26771.124.24$60,378
Apr 201034910,66181.694.12$72,462
Mar 201034912,81678.394.39$83,603
Feb 201034711,20973.585.44$86,536
Jan 201025112,25474.365.96$91,748
Dec 200931413,09271.445.48$94,225
Nov 200911413,41674.593.75$58,833
Oct 200910713,47572.544.11$63,147
Sep 200910513,30165.543.06$47,646
Aug 20099314,34767.423.22$52,446
Jul 20096815,21561.133.46$56,869
Jun 20095511,17866.163.90$47,177
May 20098112,34554.743.93$52,897
Apr 200910514,19246.773.59$55,825
Mar 20098914,42542.144.06$62,302
Feb 20094712,43232.814.63$59,140
Jan 20096914,60735.865.37$80,929
Dec 2008014,09037.105.98$84,218
Nov 2008015,21255.496.86$104,360
Oct 2008015,62275.246.92$108,135
Sep 2008017,226101.767.88$135,691
Aug 2008012,169114.228.48$103,230
Jul 2008417,200131.0811.39$196,423
Jun 20083517,650131.3313.03$234,622
May 200812018,848123.1711.57$232,933
Apr 200810318,126110.3110.45$200,867
Mar 200813921,756101.909.66$224,416
Feb 200817721,70092.538.77$206,699
Jan 200825026,64790.388.21$241,253
Dec 200716519,70388.337.30$158,445
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20076662.007.55$417
May 2007508,94758.747.85$73,138
Apr 200710115,94559.617.81$130,475
Mar 200711616,80056.927.30$129,276
Feb 200711015,26555.108.22$131,478
Jan 20072916,74550.306.73$114,100
Dec 20063517,59556.656.92$123,713
Nov 20064817,20254.207.62$133,637
Oct 20063312,80354.906.01$78,806
Sep 20063614,97060.085.04$77,570
Aug 20064216,36168.717.34$122,974
Jul 20065116,37269.376.34$107,382
Jun 200637215,41866.286.38$123,083
May 200638716,37866.016.42$130,775
Apr 200640616,34864.397.36$146,471
Mar 200649117,28456.707.08$150,261
Feb 200637013,72357.597.75$127,677
Jan 200646017,36460.598.93$182,990
Dec 200527117,94254.9413.42$255,588
Nov 200518217,49454.6910.59$195,187
Oct 200515718,36758.3413.80$262,546
Sep 200510314,85861.4512.08$185,799
Aug 200516918,61661.519.80$192,773
Jul 200517618,81955.697.84$157,411
Jun 200513016,44352.337.38$128,169
May 200515517,90345.226.65$126,085
Apr 200518722,30149.207.36$173,346
Mar 20053423,42950.377.15$169,344
Feb 200521421,84945.226.31$147,586
Jan 200511424,39743.166.32$159,163
Dec 200425927,19739.866.75$193,933
Nov 200421424,49145.286.33$164,728
Oct 200420627,24649.706.52$187,749
Sep 200421527,03143.245.28$152,126
Aug 200421728,31842.375.55$166,378
Jul 200424728,41638.286.08$182,343
Jun 200422229,14836.106.43$195,524
May 2004026,74737.486.49$173,711
Apr 2004027,99934.475.86$164,031
Mar 2004029,83134.365.53$164,970
Feb 2004028,36832.455.51$156,297
Jan 2004031,05132.036.30$195,610
Dec 2003633,92730.266.30$213,977
Nov 200317132,80228.804.60$155,655
Oct 200316333,26428.174.76$162,916
Sep 200316232,92926.314.75$160,654
Aug 200316134,72529.765.13$182,921
Jul 200320736,18829.415.17$193,210
Jun 200317234,62028.565.98$212,042
May 200318235,51926.595.97$216,983
Apr 200319838,46826.675.41$213,288
Mar 200325141,90131.146.10$263,246
Feb 200322438,81833.487.93$315,166
Jan 200322742,85230.315.58$246,082
Dec 200232245,15626.914.85$227,841
Nov 200224439,82724.664.14$170,780
Oct 200224241,29526.464.23$181,045
Sep 200218334,59527.443.64$130,781
Aug 200219740,01125.963.16$131,715
Jul 200222743,55024.583.06$138,919
Jun 2002042,52723.733.34$141,965
May 2002037,01724.663.58$132,669
Apr 2002047,36623.653.51$166,365
Mar 2002051,17422.003.10$158,779
Feb 2002048,77718.222.38$115,879
Jan 2002038,08017.172.38$90,466
Dec 20013750,13016.932.36$119,154
Nov 20015143,22518.072.41$104,900
Oct 20014553,25019.782.53$135,553
Sep 20014755,91824.262.25$127,030
Aug 20011,83757,23324.873.05$220,428
Jul 20011,09160,84523.933.20$220,634
Jun 200196260,22624.563.82$253,941
May 200178261,37425.524.31$284,314
Apr 200195460,19424.685.34$344,699
Mar 20013,18467,78524.545.38$442,577
Feb 20012,59271,05327.755.77$481,696
Jan 200125338,02027.478.40$326,271
Dec 200047541,01726.889.12$386,946
Nov 200033143,01932.215.66$254,063
Oct 200028033,18531.235.15$179,498
Sep 200032541,76531.875.19$226,972
Aug 200035844,77729.644.54$213,932
Jul 200042945,24328.534.09$197,272
Jun 200028332,97229.304.40$153,278
May 20003954,50627.263.68$201,632
Apr 200032145,90024.513.12$150,892
Mar 200064956,27828.422.86$179,386
Feb 200072556,73527.622.73$174,712
Jan 200061258,57725.272.48$160,765
Dec 199937062,58524.282.42$160,672
Nov 199955862,66423.192.43$165,464
Oct 199953967,99620.982.80$201,949
Sep 199952565,42121.752.62$182,747
Aug 199934977,98919.262.88$230,987
Jul 199954854,73717.892.37$139,660
Jun 199944290,10615.942.36$219,885
May 1999555106,07015.792.32$254,954
Apr 199935583,58615.102.21$189,923
Mar 199955399,94512.471.84$190,628
Feb 1999561100,3189.981.82$187,956
Jan 1999557117,41010.381.90$228,855
Dec 1998572125,0069.201.77$226,938
Nov 1998370122,63010.892.19$272,064
Oct 1998745119,15112.421.97$243,886
Sep 1998633125,71312.592.08$269,782
Aug 1998736140,61811.301.91$276,525
Jul 1998913139,44011.742.24$322,684
Jun 19981,280120,34011.242.24$283,620
May 1998922152,82012.622.21$348,809
Apr 19981,457244,17613.042.51$630,741
Mar 19981,837355,55912.802.31$844,656
Feb 19982,902293,27513.952.30$714,760
Jan 199802,62614.702.15$5,658

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            11 bbl  × $106.41 =     $1,171
Gas                4,600 Mcf  × $  3.05 =    $14,011

────────────────────────────────────────────────────
Month total                                  $15,181

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/166761 is the state's own key, not one this site invented.