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 166762District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.7 M
Jan 1998 – May 2026
Value, last 12 filed months
$81 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 Gas111998-04-30138550
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
CondensateDisposition2,733 bbl$98,321
GasProduction5,289,976 Mcf$18,593,005
Total$18,691,326

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 27.4333, -99.1406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43332, -99.14059 · 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
10,600 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 10,600 ft.

Completions filed
Jan 1998
1 of 1 wells

1 well

42-479368365810,600 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 202641,754106.413.05$5,768
Apr 202671,67998.932.87$5,511
Mar 202641,73489.753.15$5,820
Feb 202631,55463.503.75$6,019
Jan 202631,74859.138.00$14,158
Dec 202511,75456.664.41$7,798
Nov 202561,70658.593.93$7,050
Oct 202531,83459.383.30$6,239
Sep 202531,72062.743.08$5,481
Aug 202531,77063.933.01$5,528
Jul 202571,77366.743.32$6,345
Jun 202501,62666.483.13$5,087
May 202561,76660.553.23$6,072
Apr 202551,73362.363.54$6,452
Mar 202551,81367.704.27$8,077
Feb 202531,66970.884.34$7,458
Jan 202561,83674.324.28$8,302
Dec 202471,85368.993.12$6,267
Nov 202431,76869.052.20$4,094
Oct 202471,88071.372.28$4,789
Sep 202431,83369.612.36$4,543
Aug 202441,86175.632.06$4,143
Jul 202441,77079.932.15$4,119
Jun 202441,70578.082.63$4,803
May 202441,73778.812.20$4,134
Apr 202441,71484.451.66$3,182
Mar 202461,78480.301.55$3,238
Feb 202471,64476.091.78$3,465
Jan 202431,73273.023.30$5,931
Dec 202371,78671.262.61$5,162
Nov 202311,71277.892.81$4,884
Oct 202361,80885.443.09$6,094
Sep 202331,81789.042.74$5,237
Aug 202341,95080.522.67$5,534
Jul 202351,95474.852.64$5,536
Jun 202341,95768.962.26$4,696
May 202362,03770.622.23$4,961
Apr 202371,98778.122.24$4,993
Mar 202392,12572.852.39$5,741
Feb 202362,07075.112.47$5,555
Jan 202372,06376.533.39$7,525
Dec 202271,77176.415.73$10,681
Nov 202271,91285.005.65$11,391
Oct 202282,01287.185.86$12,495
Sep 202211,84784.888.16$15,163
Aug 202231,62994.529.13$15,152
Jul 202282,190101.587.54$17,330
Jun 202252,177115.097.98$17,942
May 202251,737109.378.43$15,195
Apr 202262,032104.226.84$14,519
Mar 202272,179108.885.08$11,824
Feb 202261,99991.054.86$10,259
Jan 202262,17681.844.54$10,365
Dec 202182,21171.323.90$9,192
Nov 202152,10377.435.24$11,400
Oct 2021102,29479.795.71$13,906
Sep 202152,18969.865.35$12,062
Aug 202172,35266.024.22$10,389
Jul 202172,41570.783.98$10,112
Jun 202142,40569.493.38$8,408
May 202172,18863.483.02$7,047
Apr 202172,29560.362.76$6,753
Mar 202192,28561.302.72$6,760
Feb 202162,09357.805.55$11,959
Jan 202152,32450.412.81$6,783
Dec 202042,39244.642.68$6,578
Nov 202072,35838.772.71$6,653
Oct 202062,16236.972.48$5,580
Sep 202032,20437.091.99$4,500
Aug 202032,33839.982.39$5,696
Jul 202082,39038.371.83$4,669
Jun 202072,31034.901.69$4,149
May 202002,39216.921.81$4,341
Apr 202072,44714.751.80$4,519
Mar 202052,56030.341.86$4,904
Feb 202042,25849.881.98$4,672
Jan 202082,47457.252.09$5,640
Dec 201972,20259.012.30$5,487
Nov 201972,17055.302.75$6,356
Oct 201982,39453.472.42$6,218
Sep 201982,40555.052.66$6,831
Aug 201992,51653.112.30$6,276
Jul 201962,43556.272.46$6,328
Jun 201962,28652.782.49$6,012
May 201992,49258.482.74$7,355
Apr 201992,50362.632.75$7,449
Mar 201962,54956.803.06$8,146
Feb 2019102,27550.852.79$6,861
Jan 2019102,51846.033.23$8,589
Dec 201892,65846.594.19$11,544
Nov 201892,57852.934.24$11,400
Oct 201882,67361.443.40$9,575
Sep 201882,49659.543.11$8,234
Aug 201852,77159.403.07$8,794
Jul 201882,80265.142.93$8,736
Jun 201862,76760.183.08$8,875
May 201892,48365.382.90$7,791
Apr 2018132,87363.842.90$9,164
Mar 201862,51761.222.79$7,382
Feb 2018112,50061.782.77$7,595
Jan 2018113,16862.874.01$13,393
Dec 2017133,45457.272.92$10,835
Nov 201732,22655.423.12$7,108
Oct 201772,44749.292.98$7,646
Sep 201772,53647.523.09$8,162
Aug 201742,67045.373.00$8,203
Jul 201762,63743.873.09$8,404
Jun 201702,57942.493.09$7,962
May 201702,70145.373.26$8,814
Apr 201702,67147.933.21$8,578
Mar 201702,36746.772.98$7,062
Feb 201702,08050.452.95$6,141
Jan 201702,73849.413.42$9,361
Dec 201602,84548.763.72$10,591
Nov 201602,78042.492.64$7,351
Oct 201602,83446.193.09$8,758
Sep 201602,54741.553.10$7,897
Aug 201602,69941.442.92$7,893
Jul 201602,86541.622.92$8,378
Jun 201605,64445.352.69$15,159
May 201602,81742.521.99$5,609
Apr 201602,68136.561.99$5,338
Mar 201603,12933.011.79$5,613
Feb 201603,32226.472.06$6,855
Jan 201603,46227.352.36$8,185
Dec 201503,67132.362.00$7,347
Nov 201503,94038.792.17$8,539
Oct 201503,70343.552.43$8,986
Sep 201503,23942.992.76$8,935
Aug 201503,44940.162.87$9,907
Jul 201503,98348.152.95$11,730
Jun 201504,92656.152.88$14,201
May 201502,93455.212.96$8,671
Apr 201501,24149.822.71$3,359
Mar 201503,70242.892.93$10,864
Feb 201503,71244.662.98$11,048
Jan 201503,18643.433.10$9,879
Dec 201403,45854.693.59$12,419
Nov 201403,43770.464.25$14,614
Oct 201404,22878.303.90$16,493
Sep 201403,71886.164.05$15,041
Aug 201404,46389.394.04$18,009
Jul 201405,81596.564.18$24,304
Jun 201405,51698.164.74$26,129
May 201405,29794.734.73$25,037
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201404190.404.86$199
Dec 2013062191.824.35$2,704
Nov 201302,65988.853.74$9,940
Oct 201302,69597.423.78$10,185
Sep 201303,442104.113.72$12,796
Aug 201304,158104.253.52$14,647
Jul 201304,229102.523.72$15,722
Jun 201303,22394.403.93$12,677
May 201304,77594.834.15$19,812
Apr 201304,11693.964.28$17,627
Mar 201303,11093.623.91$12,169
Feb 201303,53691.233.42$12,093
Jan 201304,09091.603.42$13,987
Dec 201203,55186.773.42$12,145
Nov 201203,31586.953.62$12,017
Oct 201203,89689.383.40$13,245
Sep 201204,22594.672.92$12,330
Aug 201204,62292.662.91$13,442
Jul 201204,73985.133.02$14,316
Jun 201203,90279.822.52$9,829
May 201204,68291.612.49$11,650
Apr 201204,770101.652.00$9,525
Mar 201203,750105.052.22$8,333
Feb 201203,779101.102.57$9,713
Jan 201204,38098.092.73$11,975
Dec 201104,43496.873.24$14,365
Nov 201104,61495.723.31$15,278
Oct 201104,94484.983.65$18,038
Sep 201104,76483.623.99$18,988
Aug 201104,85383.404.15$20,137
Jul 201104,89594.144.52$22,112
Jun 201104,79192.904.64$22,230
May 201104,55198.134.40$20,046
Apr 201104,699105.964.33$20,362
Mar 201104,98496.364.06$20,222
Feb 201104,55685.644.18$19,044
Jan 201105,64586.504.59$25,904
Dec 201006,10585.734.35$26,543
Nov 201005,70680.843.80$21,656
Oct 201004,92078.103.51$17,264
Sep 201004,02272.633.98$16,005
Aug 201005,22473.684.42$23,087
Jul 201005,19272.554.74$24,592
Jun 201003,91670.364.91$19,229
May 201004,98671.124.24$21,117
Apr 201004,29481.694.12$17,703
Mar 201004,60678.394.39$20,214
Feb 201005,13873.585.44$27,963
Jan 201006,05274.365.96$36,095
Dec 200905,90871.445.48$32,398
Nov 200905,28174.593.75$19,812
Oct 200905,50072.544.11$22,606
Sep 200905,67165.543.06$17,380
Aug 200905,47467.423.22$17,618
Jul 200906,19761.133.46$21,470
Jun 200905,94766.163.90$23,164
May 200906,35854.743.93$24,960
Apr 200906,15146.773.59$22,067
Mar 200907,09542.144.06$28,799
Feb 200906,07832.814.63$28,159
Jan 200906,52935.865.37$35,067
Dec 200816,29337.105.98$37,651
Nov 2008106,14155.496.86$42,684
Oct 2008107,11275.246.92$49,982
Sep 2008126,660101.767.88$53,683
Aug 200896,926114.228.48$59,781
Jul 200867,247131.0811.39$83,326
Jun 200826,985131.3313.03$91,296
May 200807,080123.1711.57$81,946
Apr 200807,736110.3110.45$80,879
Mar 200807,071101.909.66$68,335
Feb 200806,03092.538.77$52,887
Jan 200806,19990.388.21$50,867
Dec 200706,73588.337.30$49,179
Nov 200706,31991.677.29$46,076
Oct 200707,96382.856.92$55,120
Sep 200708,22375.846.24$51,346
Aug 200708,07569.066.39$51,583
Jul 200708,22270.906.39$52,522
Jun 200707,90662.007.55$59,678
May 200706,97558.747.85$54,728
Apr 200707,20159.617.81$56,205
Mar 200709,52456.927.30$69,544
Feb 200708,09755.108.22$66,525
Jan 200709,61350.306.73$64,665
Dec 200608,48356.656.92$58,689
Nov 200607,97954.207.62$60,780
Oct 200607,93154.906.01$47,695
Sep 200608,38460.085.04$42,232
Aug 200609,63968.717.34$70,749
Jul 200607,35569.376.34$46,651
Jun 200608,21266.286.38$52,424
May 200609,05866.016.42$58,198
Apr 200606,62864.397.36$48,785
Mar 2006010,22356.707.08$72,409
Feb 200606,61057.597.75$51,235
Jan 200607,86860.598.93$70,287
Dec 2005010,01554.9413.42$134,355
Nov 200508,94854.6910.59$94,745
Oct 2005010,68658.3413.80$147,421
Sep 200507,94461.4512.08$95,956
Aug 200507,69061.519.80$75,338
Jul 200508,40255.697.84$65,902
Jun 2005010,78552.337.38$79,605
May 200509,47845.226.65$63,040
Apr 2005011,11149.207.36$81,782
Mar 200509,50650.377.15$68,014
Feb 200508,99245.226.31$56,757
Jan 2005010,57143.166.32$66,832
Dec 2004013,73539.866.75$92,726
Nov 2004012,40845.286.33$78,548
Oct 2004013,26049.706.52$86,390
Sep 2004013,30843.245.28$70,318
Aug 2004014,64542.375.55$81,289
Jul 2004013,56238.286.08$82,514
Jun 2004014,11836.106.43$90,821
May 2004015,45537.486.49$100,374
Apr 2004014,75334.475.86$86,430
Mar 2004015,80834.365.53$87,420
Feb 2004014,69932.455.51$80,986
Jan 2004015,56732.036.30$98,067
Dec 2003017,65130.266.30$111,230
Nov 2003017,27828.804.60$79,395
Oct 2003016,93428.174.76$80,600
Sep 2003017,61626.314.75$83,665
Aug 2003018,09429.765.13$92,817
Jul 20035619,29329.415.17$101,408
Jun 20035218,61428.565.98$112,852
May 20035719,88726.595.97$120,294
Apr 2003620,08026.675.41$108,738
Mar 2003720,13731.146.10$122,974
Feb 2003618,89633.487.93$149,968
Jan 2003621,14230.315.58$118,197
Dec 2002222,28226.914.85$108,205
Nov 2002222,43524.664.14$92,862
Oct 2002223,98226.464.23$101,476
Sep 2002224,32527.443.64$88,481
Aug 2002225,62625.963.16$81,137
Jul 2002225,90824.583.06$79,373
Jun 2002024,56823.733.34$82,014
May 2002028,17424.663.58$100,976
Apr 2002028,08223.653.51$98,633
Mar 2002031,21022.003.10$96,836
Feb 2002029,63618.222.38$70,406
Jan 2002033,62817.172.38$79,889
Dec 2001038,78516.932.36$91,703
Nov 2001033,49818.072.41$80,580
Oct 2001027,53319.782.53$69,628
Sep 2001028,53924.262.25$64,250
Aug 2001030,14324.873.05$92,031
Jul 2001030,72423.933.20$98,227
Jun 2001030,20924.563.82$115,524
May 2001032,58125.524.31$140,337
Apr 2001030,11624.685.34$160,679
Mar 2001033,48724.545.38$180,041
Feb 2001031,70327.755.77$182,834
Jan 2001034,91727.478.40$293,260
Dec 2000037,62526.889.12$343,234
Nov 2000039,08832.215.66$221,160
Oct 2000039,25131.235.15$201,966
Sep 2000043,33531.875.19$224,757
Aug 2000046,31129.644.54$210,287
Jul 2000749,51128.534.09$202,687
Jun 200022749,80729.304.40$225,665
May 200028453,25327.263.68$203,700
Apr 200032055,42924.513.12$180,560
Mar 200037457,81428.422.86$175,963
Feb 200035753,85727.622.73$156,701
Jan 2000059,76325.272.48$148,242
Dec 1999066,11024.282.42$160,232
Nov 1999065,46023.192.43$159,329
Oct 1999071,57420.982.80$200,673
Sep 1999072,05121.752.62$188,691
Aug 1999078,42919.262.88$225,530
Jul 1999083,15117.892.37$197,265
Jun 1999085,09515.942.36$201,003
May 1999292,94015.792.32$215,747
Apr 19992892,25915.102.21$204,135
Mar 19991990,76612.471.84$167,095
Feb 19991782,9569.981.82$150,966
Jan 19991296,10410.381.90$182,717
Dec 19981398,7259.201.77$175,191
Nov 199813102,27510.892.19$223,686
Oct 199816111,65312.421.97$220,067
Sep 199826116,57812.592.08$243,115
Aug 1998127133,65011.301.91$256,352
Jul 19980131,32911.742.24$293,818
Jun 19980140,51011.242.24$314,359
May 19980162,30712.622.21$358,104
Apr 19980193,26313.042.51$484,188
Mar 19980308,13512.802.31$711,619
Feb 1998083,45113.952.30$191,865
Jan 1998017,41714.702.15$37,530

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             4 bbl  × $106.41 =       $426
Gas                1,754 Mcf  × $  3.05 =     $5,342

────────────────────────────────────────────────────
Month total                                   $5,768

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/166762 is the state's own key, not one this site invented.