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 168106District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
May 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
337
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 Gas111998-10-16139611
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
CondensateDisposition1,158 bbl$25,396
GasProduction2,549,199 Mcf$10,144,522
Total$10,169,918

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 27.3977, -99.1740. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39774, -99.17402 · 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
10,700 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 10,700 ft.

Completions filed
Nov 2017
1 of 1 wells

1 well

42-479368766110,700 ftNov 2017

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 (337)

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

337 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20173057.272.92$172
Nov 201732,03855.423.12$6,521
Oct 201793,17049.292.98$9,902
Sep 201793,10747.523.09$10,020
Aug 201763,34445.373.00$10,319
Jul 201783,26243.873.09$10,422
Jun 201702,38742.493.09$7,369
May 201703,28645.373.26$10,724
Apr 201703,24247.933.21$10,412
Mar 201703,10246.772.98$9,255
Feb 201703,00150.452.95$8,861
Jan 201703,31949.413.42$11,347
Dec 201603,29248.763.72$12,256
Nov 201603,21342.492.64$8,496
Oct 201603,74746.193.09$11,579
Sep 201603,52041.553.10$10,914
Aug 201602,97741.442.92$8,706
Jul 201603,48341.622.92$10,185
Jun 201603,49245.352.69$9,379
May 201603,55442.521.99$7,076
Apr 201603,42336.561.99$6,815
Mar 201604,09533.011.79$7,346
Feb 201602,25426.472.06$4,651
Jan 201603,55727.352.36$8,410
Dec 201503,64932.362.00$7,303
Nov 201503,34438.792.17$7,248
Oct 201503,91043.552.43$9,488
Sep 201504,20842.992.76$11,607
Aug 201503,49740.162.87$10,045
Jul 201503,35448.152.95$9,878
Jun 201504,21856.152.88$12,160
May 201505,79655.212.96$17,130
Apr 201502,56649.822.71$6,945
Mar 201502,72742.892.93$8,003
Feb 201502,61844.662.98$7,792
Jan 201502,64443.433.10$8,198
Dec 201402,79754.693.59$10,045
Nov 201402,88370.464.25$12,258
Oct 201402,98078.303.90$11,625
Sep 201403,68186.164.05$14,891
Aug 201404,05089.394.04$16,342
Jul 201404,14196.564.18$17,308
Jun 201406,44498.164.74$30,524
May 2014010,68094.734.73$50,480
Apr 201403,03395.944.81$14,586
Mar 201403,39195.895.06$17,148
Feb 201403,06897.406.19$18,997
Jan 201403,66590.404.86$17,815
Dec 201304,20091.824.35$18,289
Nov 201303,68288.853.74$13,764
Oct 201303,70997.423.78$14,018
Sep 201303,828104.113.72$14,232
Aug 201304,283104.253.52$15,087
Jul 201303,878102.523.72$14,417
Jun 201304,45694.403.93$17,527
May 201304,48494.834.15$18,604
Apr 201304,32793.964.28$18,531
Mar 201304,40493.623.91$17,232
Feb 201304,21791.233.42$14,422
Jan 201304,39991.603.42$15,044
Dec 201204,89586.773.42$16,742
Nov 201204,06186.953.62$14,721
Oct 201205,28589.383.40$17,967
Sep 201205,10094.672.92$14,884
Aug 201205,37092.662.91$15,617
Jul 201205,51685.133.02$16,663
Jun 201204,60379.822.52$11,595
May 201204,90991.612.49$12,215
Apr 201205,287101.652.00$10,557
Mar 201203,809105.052.22$8,464
Feb 201203,894101.102.57$10,009
Jan 201204,21298.092.73$11,516
Dec 201104,50996.873.24$14,608
Nov 201104,55295.723.31$15,073
Oct 201104,85584.983.65$17,714
Sep 201104,88383.623.99$19,463
Aug 201105,04183.404.15$20,917
Jul 201104,14094.144.52$18,701
Jun 201103,97592.904.64$18,444
May 201104,59298.134.40$20,227
Apr 201105,135105.964.33$22,251
Mar 201105,51896.364.06$22,388
Feb 201104,93085.644.18$20,607
Jan 201115,37486.504.59$24,747
Dec 201075,32885.734.35$23,765
Nov 201075,34980.843.80$20,867
Oct 201055,51578.103.51$19,742
Sep 201065,28672.633.98$21,471
Aug 201065,60473.684.42$25,208
Jul 201045,34272.554.74$25,593
Jun 201005,49870.364.91$26,997
May 201006,58371.124.24$27,880
Apr 201004,97481.694.12$20,506
Mar 201005,56578.394.39$24,423
Feb 201004,89373.585.44$26,629
Jan 201005,13274.365.96$30,608
Dec 200905,24571.445.48$28,762
Nov 200906,11774.593.75$22,948
Oct 200905,85772.544.11$24,074
Sep 200905,61065.543.06$17,193
Aug 200906,37967.423.22$20,531
Jul 200905,18761.133.46$17,970
Jun 200904,46466.163.90$17,387
May 200906,09654.743.93$23,931
Apr 200906,22046.773.59$22,314
Mar 200905,89942.144.06$23,944
Feb 200906,05532.814.63$28,053
Jan 200906,25235.865.37$33,579
Dec 200806,43937.105.98$38,487
Nov 200805,27755.496.86$36,202
Oct 200805,52575.246.92$38,244
Sep 200809,830101.767.88$77,432
Aug 200803,128114.228.48$26,535
Jul 200805,590131.0811.39$63,667
Jun 200805,331131.3313.03$69,477
May 200806,316123.1711.57$73,103
Apr 200806,444110.3110.45$67,371
Mar 200806,125101.909.66$59,192
Feb 200805,71192.538.77$50,089
Jan 200806,04390.388.21$49,587
Dec 200707,39788.337.30$54,013
Nov 200706,39991.677.29$46,660
Oct 200705,57782.856.92$38,604
Sep 200706,75075.846.24$42,148
Aug 200708,20369.066.39$52,400
Jul 200706,56470.906.39$41,930
Jun 200786,91262.007.55$52,671
May 200766,95558.747.85$54,923
Apr 200776,57259.617.81$51,713
Mar 2007108,37756.927.30$61,738
Feb 2007107,34055.108.22$60,856
Jan 2007127,43750.306.73$50,631
Dec 2006126,86756.656.92$48,189
Nov 200607,13354.207.62$54,335
Oct 200608,08654.906.01$48,628
Sep 200604,34560.085.04$21,887
Aug 200607,90168.717.34$57,993
Jul 200606,52069.376.34$41,355
Jun 200605,76766.286.38$36,816
May 200607,36966.016.42$47,346
Apr 200606,91164.397.36$50,868
Mar 200607,38256.707.08$52,286
Feb 200606,11757.597.75$47,414
Jan 200607,43760.598.93$66,437
Dec 200508,30354.9413.42$111,388
Nov 200506,29754.6910.59$66,675
Oct 200507,36158.3413.80$101,551
Sep 200506,74061.4512.08$81,412
Aug 200507,63561.519.80$74,799
Jul 200508,97255.697.84$70,373
Jun 200509,35052.337.38$69,013
May 200507,10245.226.65$47,237
Apr 200507,95349.207.36$58,538
Mar 200507,66750.377.15$54,856
Feb 200507,48345.226.31$47,232
Jan 200509,51343.166.32$60,143
Dec 200408,22439.866.75$55,521
Nov 200408,18445.286.33$51,808
Oct 200409,43349.706.52$61,457
Sep 200409,68043.245.28$51,148
Aug 200408,15542.375.55$45,266
Jul 2004010,25938.286.08$62,418
Jun 2004010,26836.106.43$66,054
May 200408,52037.486.49$55,334
Apr 200408,68134.475.86$50,857
Mar 200409,30634.365.53$51,463
Feb 200408,55332.455.51$47,124
Jan 2004011,03532.036.30$69,517
Dec 200307,70630.266.30$48,560
Nov 200309,71128.804.60$44,624
Oct 200309,64428.174.76$45,902
Sep 2003011,55526.314.75$54,879
Aug 200307,97229.765.13$40,894
Jul 200309,86729.415.17$51,021
Jun 2003011,17028.565.98$66,830
May 2003010,47326.595.97$62,552
Apr 2003011,59826.675.41$62,714
Mar 2003010,48031.146.10$63,887
Feb 200319,92033.487.93$78,658
Jan 2003111,20230.315.58$62,560
Dec 2002011,64426.914.85$56,517
Nov 2002012,02624.664.14$49,751
Oct 2002012,68626.464.23$53,651
Sep 2002012,61127.443.64$45,844
Aug 2002012,97325.963.16$41,049
Jul 2002012,78124.583.06$39,132
Jun 2002012,19023.733.34$40,693
May 2002013,08624.663.58$46,900
Apr 2002012,90723.653.51$45,334
Mar 2002013,66222.003.10$42,389
Feb 2002012,76218.222.38$30,318
Jan 2002013,74117.172.38$32,644
Dec 2001014,79916.932.36$34,991
Nov 2001014,57018.072.41$35,048
Oct 2001015,98419.782.53$40,422
Sep 2001015,56224.262.25$35,035
Aug 2001016,33624.873.05$49,876
Jul 2001016,49223.933.20$52,726
Jun 2001115,58424.563.82$59,620
May 20018316,68525.524.31$73,986
Apr 20019416,17824.685.34$88,635
Mar 20018017,42024.545.38$95,621
Feb 20015816,19927.755.77$95,030
Jan 20015917,36627.478.40$147,474
Dec 2000018,21426.889.12$166,157
Nov 2000017,60932.215.66$99,632
Oct 2000018,55631.235.15$95,480
Sep 2000018,86131.875.19$97,823
Aug 2000018,93529.644.54$85,979
Jul 2000019,98128.534.09$81,717
Jun 2000020,52929.304.40$90,271
May 2000021,54427.263.68$79,277
Apr 2000021,68524.513.12$67,570
Mar 2000022,14328.422.86$63,323
Feb 2000021,52727.622.73$58,693
Jan 2000021,96525.272.48$54,484
Dec 1999024,54124.282.42$59,481
Nov 1999024,06823.192.43$58,581
Oct 1999026,56020.982.80$74,467
Sep 1999025,65021.752.62$67,174
Aug 1999028,42719.262.88$81,745
Jul 1999029,78017.892.37$70,649
Jun 1999031,12115.942.36$73,511
May 1999035,34215.792.32$82,029
Apr 1999041,31315.102.21$91,221
Mar 1999031,67012.471.84$58,220
Feb 1999030,1689.981.82$54,839
Jan 1999035,85310.381.90$68,119
Dec 1998038,4499.201.77$68,182
Nov 1998040,22610.892.19$87,923
Oct 1998046,61112.421.97$91,787
Sep 1998050,62212.592.08$105,426
Aug 1998058,43311.301.91$111,452
Jul 199829465,97111.742.24$151,047
Jun 199834891,00711.242.24$207,519
May 19980175,57412.622.21$387,376

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.

Dec 2017 — as filed, then multipliedworked
Condensate             3 bbl  × $ 57.27 =       $172
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $172

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/168106 is the state's own key, not one this site invented.