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 168414District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
May 1998 – May 2026
Value, last 12 filed months
$6 k
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 Gas111998-10-27139608
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
CondensateDisposition1,356 bbl$69,445
GasProduction2,016,051 Mcf$6,361,205
Total$6,430,650

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 27.3962, -99.1803. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39620, -99.18027 · 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
10,900 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 10,900 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-479368746210,900 ftMay 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 (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 20260168106.413.05$512
Apr 202618898.932.87$351
Mar 2026016389.753.15$513
Feb 2026014063.503.75$525
Jan 2026012359.138.00$984
Dec 2025014956.664.41$658
Nov 2025111958.593.93$526
Oct 2025014259.383.30$469
Sep 2025014762.743.08$452
Aug 2025017363.933.01$522
Jul 2025016466.743.32$544
Jun 2025012466.483.13$388
May 202519960.553.23$381
Apr 2025016662.363.54$588
Mar 2025012567.704.27$534
Feb 2025014370.884.34$621
Jan 2025014574.324.28$620
Dec 2024112568.993.12$459
Nov 2024020569.052.20$451
Oct 202406471.372.28$146
Sep 2024013869.612.36$326
Aug 2024013075.632.06$268
Jul 202406479.932.15$137
Jun 20240078.082.63$0
May 202407678.812.20$167
Apr 202404484.451.66$73
Mar 202404880.301.55$74
Feb 202406776.091.78$120
Jan 202408273.023.30$270
Dec 202307371.262.61$191
Nov 202307477.892.81$208
Oct 202307585.443.09$232
Sep 2023120189.042.74$639
Aug 202308680.522.67$230
Jul 202305374.852.64$140
Jun 202304968.962.26$111
May 202308670.622.23$192
Apr 202307678.122.24$170
Mar 202308572.852.39$203
Feb 202307475.112.47$182
Jan 202308576.533.39$288
Dec 202208876.415.73$504
Nov 202208885.005.65$497
Oct 202208987.185.86$522
Sep 202208284.888.16$669
Aug 202209094.529.13$821
Jul 20220121101.587.54$913
Jun 2022070115.097.98$558
May 20220108109.378.43$911
Apr 20220104104.226.84$711
Mar 20220103108.885.08$523
Feb 202209391.054.86$452
Jan 2022012281.844.54$554
Dec 2021013771.323.90$534
Nov 2021010477.435.24$545
Oct 2021012179.795.71$691
Sep 2021013669.865.35$728
Aug 202109866.024.22$414
Jul 202109770.783.98$386
Jun 202109369.493.38$314
May 202109963.483.02$299
Apr 2021010360.362.76$284
Mar 2021114361.302.72$450
Feb 202102257.805.55$122
Jan 2021012650.412.81$354
Dec 2020011244.642.68$300
Nov 202007738.772.71$208
Oct 2020012836.972.48$317
Sep 202008637.091.99$171
Aug 2020011839.982.39$281
Jul 2020012338.371.83$224
Jun 2020012034.901.69$203
May 2020013216.921.81$240
Apr 2020015814.751.80$285
Mar 2020018230.341.86$338
Feb 2020130849.881.98$660
Jan 20200857.252.09$17
Dec 2019011159.012.30$256
Nov 20190055.302.75$0
Oct 201918653.472.42$261
Sep 2019263755.052.66$1,803
Aug 2019220253.112.30$572
Jul 2019168656.272.46$1,744
Jun 2019190152.782.49$2,297
May 2019497658.482.74$2,908
Apr 201941,05062.632.75$3,139
Mar 2019265356.803.06$2,113
Feb 201951,01450.852.79$3,086
Jan 201951,28346.033.23$4,372
Dec 201841,44946.594.19$6,251
Nov 2018121552.934.24$964
Oct 20180061.443.40$0
Sep 20180959.543.11$28
Aug 20181159.403.07$62
Jul 20181065.142.93$65
Jun 2018130160.183.08$986
May 2018248065.382.90$1,523
Apr 2018236763.842.90$1,192
Mar 2018027861.222.79$775
Feb 2018126461.782.77$792
Jan 2018149662.874.01$2,051
Dec 2017356257.272.92$1,814
Nov 2017161855.423.12$1,983
Oct 2017262949.292.98$1,975
Sep 2017263247.523.09$2,046
Aug 2017161945.373.00$1,905
Jul 2017278143.873.09$2,499
Jun 2017077842.493.09$2,402
May 2017068045.373.26$2,219
Apr 2017066547.933.21$2,136
Mar 2017070046.772.98$2,089
Feb 2017070650.452.95$2,085
Jan 201701,05049.413.42$3,590
Dec 2016063148.763.72$2,349
Nov 2016039142.492.64$1,034
Oct 2016052746.193.09$1,629
Sep 2016034441.553.10$1,067
Aug 2016062841.442.92$1,836
Jul 2016097741.622.92$2,857
Jun 2016075845.352.69$2,036
May 2016073642.521.99$1,465
Apr 2016078236.561.99$1,557
Mar 2016087433.011.79$1,568
Feb 2016091626.472.06$1,890
Jan 201601,00527.352.36$2,376
Dec 201501,14032.362.00$2,282
Nov 201501,26238.792.17$2,735
Oct 2015051443.552.43$1,247
Sep 2015074042.992.76$2,041
Aug 2015076540.162.87$2,197
Jul 2015077448.152.95$2,279
Jun 2015088856.152.88$2,560
May 2015085655.212.96$2,530
Apr 2015096749.822.71$2,617
Mar 201501,14242.892.93$3,351
Feb 201501,56044.662.98$4,643
Jan 201501,56643.433.10$4,856
Dec 201401,21554.693.59$4,364
Nov 201401,73870.464.25$7,390
Oct 201402,44278.303.90$9,526
Sep 2014087886.164.05$3,552
Aug 2014034789.394.04$1,400
Jul 2014040196.564.18$1,676
Jun 2014029998.164.74$1,416
May 2014032694.734.73$1,541
Apr 2014037495.944.81$1,799
Mar 2014038895.895.06$1,962
Feb 2014049497.406.19$3,059
Jan 2014082790.404.86$4,020
Dec 2013060391.824.35$2,626
Nov 2013031588.853.74$1,178
Oct 2013071397.423.78$2,695
Sep 201301,299104.113.72$4,829
Aug 201301,125104.253.52$3,963
Jul 201301,875102.523.72$6,971
Jun 201301,71894.403.93$6,758
May 2013029494.834.15$1,220
Apr 2013045393.964.28$1,940
Mar 2013078293.623.91$3,060
Feb 201301,17391.233.42$4,012
Jan 201301,16391.603.42$3,977
Dec 2012043286.773.42$1,478
Nov 2012049286.953.62$1,783
Oct 2012071689.383.40$2,434
Sep 2012076594.672.92$2,233
Aug 201201,14392.662.91$3,324
Jul 201201,77585.133.02$5,362
Jun 201201,33379.822.52$3,358
May 201201,11991.612.49$2,784
Apr 201201,765101.652.00$3,524
Mar 201201,807105.052.22$4,015
Feb 201201,822101.102.57$4,683
Jan 201201,11098.092.73$3,035
Dec 2011037096.873.24$1,199
Nov 2011037695.723.31$1,245
Oct 2011039984.983.65$1,456
Sep 2011041483.623.99$1,650
Aug 2011036783.404.15$1,523
Jul 2011042594.144.52$1,920
Jun 2011038892.904.64$1,800
May 2011036198.134.40$1,590
Apr 20110375105.964.33$1,625
Mar 2011043596.364.06$1,765
Feb 2011035885.644.18$1,496
Jan 2011038586.504.59$1,767
Dec 2010040185.734.35$1,743
Nov 2010047380.843.80$1,795
Oct 2010044678.103.51$1,565
Sep 2010045272.633.98$1,799
Aug 2010048073.684.42$2,121
Jul 2010056772.554.74$2,686
Jun 2010084170.364.91$4,130
May 201001,16971.124.24$4,951
Apr 2010096081.694.12$3,958
Mar 2010093678.394.39$4,108
Feb 2010076073.585.44$4,136
Jan 2010085074.365.96$5,069
Dec 2009188071.445.48$4,897
Nov 2009697274.593.75$4,094
Oct 2009585472.544.11$3,873
Sep 2009467765.543.06$2,337
Aug 2009581867.423.22$2,970
Jul 2009191,50061.133.46$6,358
Jun 2009622,24166.163.90$12,831
May 2009862,67954.743.93$15,225
Apr 2009811,88146.773.59$10,536
Mar 2009852,43742.144.06$13,474
Feb 2009472,29732.814.63$12,184
Jan 2009782,46835.865.37$16,053
Dec 2008752,46737.105.98$17,528
Nov 2008481,96755.496.86$16,158
Oct 2008422,01375.246.92$17,094
Sep 2008471,555101.767.88$17,032
Aug 2008462,193114.228.48$23,857
Jul 2008262,194131.0811.39$28,396
Jun 200801,928131.3313.03$25,127
May 200802,831123.1711.57$32,767
Apr 200803,228110.3110.45$33,748
Mar 200802,091101.909.66$20,208
Feb 200803,09592.538.77$27,145
Jan 200801,87790.388.21$15,402
Dec 200701,99988.337.30$14,597
Nov 2007070791.677.29$5,155
Oct 200702,04182.856.92$14,128
Sep 200703,21375.846.24$20,062
Aug 200702,68469.066.39$17,145
Jul 200702,72570.906.39$17,407
Jun 200702,74962.007.55$20,751
May 200703,33158.747.85$26,136
Apr 200701,11759.617.81$8,718
Mar 2007091756.927.30$6,696
Feb 200701,48955.108.22$12,234
Jan 200701,47550.306.73$9,922
Dec 2006092756.656.92$6,413
Nov 2006085754.207.62$6,528
Oct 2006089154.906.01$5,358
Sep 2006086960.085.04$4,377
Aug 2006091568.717.34$6,716
Jul 2006091069.376.34$5,772
Jun 2006095166.286.38$6,071
May 2006086366.016.42$5,545
Apr 2006090964.397.36$6,691
Mar 200601,04956.707.08$7,430
Feb 2006097457.597.75$7,550
Jan 200621,17660.598.93$10,627
Dec 2005441,40354.9413.42$21,239
Nov 2005371,74354.6910.59$20,479
Oct 2005352,00558.3413.80$29,702
Sep 2005261,84961.4512.08$23,932
Aug 2005362,02061.519.80$22,004
Jul 200503,65055.697.84$28,629
Jun 200503,00252.337.38$22,158
May 2005096345.226.65$6,405
Apr 200501,15849.207.36$8,523
Mar 200502,86150.377.15$20,470
Feb 2005012,52845.226.31$79,076
Jan 2005032,27743.166.32$204,062
Dec 2004017,39139.866.75$117,408
Nov 2004010,83345.286.33$68,577
Oct 200407,93949.706.52$51,723
Sep 200406,96443.245.28$36,797
Aug 200405,34842.375.55$29,685
Jul 200403,38738.286.08$20,607
Jun 200402,57436.106.43$16,559
May 200405,74437.486.49$37,305
Apr 200406,25334.475.86$36,633
Mar 200404,78734.365.53$26,473
Feb 200403,24032.455.51$17,851
Jan 200403,57232.036.30$22,502
Dec 200303,96630.266.30$24,992
Nov 200303,93928.804.60$18,100
Oct 200304,17128.174.76$19,852
Sep 200303,44326.314.75$16,352
Aug 2003192,52429.765.13$13,513
Jul 2003555,18229.415.17$28,413
Jun 2003283,10728.565.98$19,389
May 2003424,62526.595.97$28,740
Apr 2003485,30526.675.41$29,966
Mar 2003403,75831.146.10$24,155
Feb 2003583,61133.487.93$30,562
Jan 2003644,40830.315.58$26,545
Dec 200206,43626.914.85$31,239
Nov 200207,27124.664.14$30,080
Oct 200208,55826.464.23$36,193
Sep 200202,98727.443.64$10,858
Aug 200207,78025.963.16$24,617
Jul 200207,68224.583.06$23,520
Jun 200205,33923.733.34$17,823
May 200206,10224.663.58$21,870
Apr 200207,70323.653.51$27,055
Mar 200206,94222.003.10$21,539
Feb 200206,79818.222.38$16,150
Jan 200204,98617.172.38$11,845
Dec 200104,93216.932.36$11,661
Nov 200106,89418.072.41$16,584
Oct 200108,42619.782.53$21,308
Sep 200106,77124.262.25$15,244
Aug 200106,61524.873.05$20,197
Jul 200106,58023.933.20$21,037
Jun 200104,81224.563.82$18,402
May 200106,43825.524.31$27,731
Apr 200107,49824.685.34$40,004
Mar 200109,20524.545.38$49,490
Feb 200108,81127.755.77$50,814
Jan 200107,52527.478.40$63,201
Dec 2000012,06226.889.12$110,036
Nov 2000010,84632.215.66$61,367
Oct 2000011,89031.235.15$61,180
Sep 2000012,91331.875.19$66,973
Aug 2000012,78529.644.54$58,053
Jul 2000014,07928.534.09$57,580
Jun 2000018,81029.304.40$82,712
May 2000016,30027.263.68$59,980
Apr 2000021,19524.513.12$66,044
Mar 2000015,09828.422.86$43,177
Feb 2000020,34427.622.73$55,468
Jan 2000019,96525.272.48$49,523
Dec 1999025,96624.282.42$62,934
Nov 1999026,90123.192.43$65,477
Oct 1999033,66320.982.80$94,381
Sep 1999036,51221.752.62$95,619
Aug 1999019,37319.262.88$55,709
Jul 1999023,50717.892.37$55,767
Jun 1999027,33115.942.36$64,559
May 1999031,87015.792.32$73,971
Apr 1999030,41715.102.21$67,162
Mar 1999036,80812.471.84$67,665
Feb 1999036,8499.981.82$66,984
Jan 1999045,84610.381.90$87,105
Dec 1998052,8779.201.77$93,768
Nov 1998053,74610.892.19$117,474
Oct 1998056,15612.421.97$110,583
Sep 1998080,55312.592.08$167,761
Aug 1998095,44211.301.91$182,041
Jul 19980123,26911.742.24$275,786
Jun 19980177,64411.242.24$397,438
May 19980279,97412.622.21$617,718

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             0 bbl  × $106.41 =         $0
Gas                  168 Mcf  × $  3.05 =       $512

────────────────────────────────────────────────────
Month total                                     $512

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/168414 is the state's own key, not one this site invented.