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 168542District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 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 Gas111998-10-27139598
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
CondensateDisposition3,296 bbl$83,836
GasProduction3,031,778 Mcf$7,624,069
Total$7,707,904

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 27.4320, -99.1512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43199, -99.15119 · 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
May 1998
1 of 1 wells

1 well

42-479369146610,700 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 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 20213071.323.90$214
Nov 202131,98977.435.24$10,648
Oct 2021161979.795.71$3,617
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20216070.783.98$425
Jun 202121,65169.493.38$5,720
May 202182,58063.483.02$8,293
Apr 202192,60760.362.76$7,734
Mar 2021122,83361.302.72$8,433
Feb 202172,64057.805.55$15,051
Jan 202162,96250.412.81$8,626
Dec 202032,24344.642.68$6,135
Nov 202051,26738.772.71$3,623
Oct 202062,03836.972.48$5,273
Sep 202032,25637.091.99$4,603
Aug 202032,81739.982.39$6,839
Jul 202083,32638.371.83$6,377
Jun 202021,51234.901.69$2,626
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202022530.341.86$107
Feb 202062,50149.881.98$5,253
Jan 202093,29457.252.09$7,415
Dec 201982,24459.012.30$5,643
Nov 201992,61255.302.75$7,683
Oct 2019103,18353.472.42$8,233
Sep 2019123,17755.052.66$9,103
Aug 2019123,31753.112.30$8,281
Jul 201983,42156.272.46$8,866
Jun 201982,76052.782.49$7,298
May 2019123,28558.482.74$9,704
Apr 2019113,16262.632.75$9,387
Mar 201951,12456.803.06$3,726
Feb 201972,31350.852.79$6,814
Jan 2019280246.033.23$2,681
Dec 2018023246.594.19$971
Nov 2018121352.934.24$955
Oct 2018124561.443.40$894
Sep 2018124359.543.11$815
Aug 2018021759.403.07$665
Jul 2018012965.142.93$378
Jun 2018011460.183.08$351
May 2018113765.382.90$463
Apr 2018113963.842.90$467
Mar 2018016061.222.79$446
Feb 2018116461.782.77$515
Jan 2018117662.874.01$769
Dec 2017120857.272.92$665
Nov 2017012455.423.12$387
Oct 2017118949.292.98$613
Sep 2017118847.523.09$628
Aug 2017122045.373.00$706
Jul 2017228343.873.09$961
Jun 2017027942.493.09$861
May 2017031745.373.26$1,035
Apr 2017039847.933.21$1,278
Mar 2017082946.772.98$2,473
Feb 2017039750.452.95$1,172
Jan 2017021949.413.42$749
Dec 2016025948.763.72$964
Nov 2016026242.492.64$693
Oct 2016025446.193.09$785
Sep 2016027441.553.10$850
Aug 2016031041.442.92$907
Jul 2016032141.622.92$939
Jun 2016045645.352.69$1,225
May 201604342.521.99$86
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140398.164.74$14
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140697.406.19$37
Jan 20140190.404.86$5
Dec 20130191.824.35$4
Nov 20130288.853.74$7
Oct 2013016397.423.78$616
Sep 20130257104.113.72$955
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013013591.603.42$462
Dec 2012017586.773.42$599
Nov 2012011086.953.62$399
Oct 2012014289.383.40$483
Sep 2012015594.672.92$452
Aug 2012017992.662.91$521
Jul 2012018885.133.02$568
Jun 2012019079.822.52$479
May 2012017391.612.49$430
Apr 20120240101.652.00$479
Mar 20120248105.052.22$551
Feb 20120484101.102.57$1,244
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011017884.983.65$649
Sep 2011020283.623.99$805
Aug 2011029583.404.15$1,224
Jul 20110094.144.52$0
Jun 2011023292.904.64$1,076
May 2011030798.134.40$1,352
Apr 20110252105.964.33$1,092
Mar 2011041896.364.06$1,696
Feb 2011033785.644.18$1,409
Jan 2011054686.504.59$2,505
Dec 2010040185.734.35$1,743
Nov 2010046180.843.80$1,750
Oct 2010039978.103.51$1,400
Sep 2010038472.633.98$1,528
Aug 2010042673.684.42$1,883
Jul 2010023972.554.74$1,132
Jun 2010030170.364.91$1,478
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201003873.585.44$207
Jan 2010048674.365.96$2,899
Dec 2009048371.445.48$2,649
Nov 2009049074.593.75$1,838
Oct 2009051272.544.11$2,104
Sep 2009046965.543.06$1,437
Aug 2009049667.423.22$1,596
Jul 2009051961.133.46$1,798
Jun 2009050366.163.90$1,959
May 2009052954.743.93$2,077
Apr 2009051646.773.59$1,851
Mar 2009051842.144.06$2,103
Feb 2009049732.814.63$2,303
Jan 2009056535.865.37$3,035
Dec 2008056737.105.98$3,389
Nov 2008058955.496.86$4,041
Oct 2008057175.246.92$3,952
Sep 20080527101.767.88$4,151
Aug 20080594114.228.48$5,039
Jul 20080568131.0811.39$6,469
Jun 20080576131.3313.03$7,507
May 20080596123.1711.57$6,898
Apr 20080574110.3110.45$6,001
Mar 20080566101.909.66$5,470
Feb 2008021292.538.77$1,859
Jan 2008023890.388.21$1,953
Dec 2007027788.337.30$2,023
Nov 2007026391.677.29$1,918
Oct 2007026882.856.92$1,855
Sep 2007025475.846.24$1,586
Aug 2007025969.066.39$1,654
Jul 2007025870.906.39$1,648
Jun 2007024162.007.55$1,819
May 2007025858.747.85$2,024
Apr 2007024459.617.81$1,904
Mar 2007025656.927.30$1,869
Feb 2007022655.108.22$1,857
Jan 2007024750.306.73$1,662
Dec 2006022256.656.92$1,536
Nov 2006020054.207.62$1,524
Oct 2006021354.906.01$1,281
Sep 2006017260.085.04$866
Aug 2006018968.717.34$1,387
Jul 2006020669.376.34$1,307
Jun 2006018766.286.38$1,194
May 2006022966.016.42$1,471
Apr 2006021664.397.36$1,590
Mar 2006021856.707.08$1,544
Feb 2006037057.597.75$2,868
Jan 2006037860.598.93$3,377
Dec 2005052054.9413.42$6,976
Nov 2005053554.6910.59$5,665
Oct 2005068258.3413.80$9,409
Sep 2005097661.4512.08$11,789
Aug 2005070961.519.80$6,946
Jul 2005072455.697.84$5,679
Jun 2005096752.337.38$7,137
May 200501,58245.226.65$10,522
Apr 200501,69849.207.36$12,498
Mar 200501,73650.377.15$12,421
Feb 200501,62845.226.31$10,276
Jan 200501,77543.166.32$11,222
Dec 2004096639.866.75$6,522
Nov 200403,27945.286.33$20,757
Oct 200401,45249.706.52$9,460
Sep 200401,34243.245.28$7,091
Aug 200401,97942.375.55$10,985
Jul 200402,02438.286.08$12,314
Jun 200401,63136.106.43$10,492
May 200401,92937.486.49$12,528
Apr 200402,29634.475.86$13,451
Mar 200402,15734.365.53$11,929
Feb 200402,57232.455.51$14,171
Jan 200402,85232.036.30$17,967
Dec 200302,33630.266.30$14,721
Nov 200302,08328.804.60$9,572
Oct 200301,89528.174.76$9,020
Sep 200302,23726.314.75$10,624
Aug 200302,02429.765.13$10,383
Jul 200372,89229.415.17$15,160
Jun 200362,30728.565.98$13,974
May 200341,73226.595.97$10,451
Apr 200382,81926.675.41$15,456
Mar 2003113,47431.146.10$21,520
Feb 200392,75433.487.93$22,129
Jan 2003196,91030.315.58$39,148
Dec 200203,47026.914.85$16,843
Nov 200205,01524.664.14$20,747
Oct 200209,62226.464.23$40,693
Sep 200207,62327.443.64$27,711
Aug 200207,70525.963.16$24,380
Jul 200212,65324.583.06$8,147
Jun 2002917,51523.733.34$27,246
May 20021358,72224.663.58$34,589
Apr 200215310,67823.653.51$41,123
Mar 20021587,03922.003.10$25,316
Feb 200206,67318.222.38$15,853
Jan 200209,09117.172.38$21,597
Dec 2001013,09616.932.36$30,964
Nov 2001011,96818.072.41$28,789
Oct 2001013,90319.782.53$35,159
Sep 2001015,47924.262.25$34,848
Aug 2001016,05524.873.05$49,018
Jul 2001014,44923.933.20$46,195
Jun 2001010,61624.563.82$40,597
May 2001012,22825.524.31$52,670
Apr 200105,34624.685.34$28,523
Mar 200107,40924.545.38$39,834
Feb 200108,10427.755.77$46,736
Jan 2001012,88627.478.40$108,226
Dec 2000012,48126.889.12$113,858
Nov 2000012,57832.215.66$71,166
Oct 2000017,06131.235.15$87,787
Sep 2000013,16331.875.19$68,270
Aug 2000019,25829.644.54$87,446
Jul 2000015,94528.534.09$65,211
Jun 200005,66829.304.40$24,924
May 2000016,08327.263.68$59,181
Apr 2000016,00724.513.12$49,878
Mar 2000017,16728.422.86$49,093
Feb 20001923,99727.622.73$65,953
Jan 200037928,68725.272.48$80,735
Dec 199952131,08024.282.42$87,979
Nov 199982739,58223.192.43$115,520
Oct 199972742,61420.982.80$134,730
Sep 1999045,19821.752.62$118,367
Aug 1999061,37719.262.88$176,496
Jul 1999059,40917.892.37$140,940
Jun 1999042,55115.942.36$100,510
May 1999051,47515.792.32$119,475
Apr 1999069,88715.102.21$154,314
Mar 1999095,76912.471.84$176,055
Feb 19990109,7119.981.82$199,432
Jan 19990141,70510.381.90$269,232
Dec 19980154,7949.201.77$274,499
Nov 19980164,25810.892.19$359,022
Oct 19980190,71712.421.97$375,562
Sep 19980215,32212.592.08$448,434
Aug 19980286,79211.301.91$547,013
Jul 19980303,49411.742.24$678,998
Jun 19980323,69011.242.24$724,182
May 19980012.622.21$0

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 2021 — as filed, then multipliedworked
Condensate             3 bbl  × $ 71.32 =       $214
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                     $214

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/168542 is the state's own key, not one this site invented.