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 168838District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
Jun 1998 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
336
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 Gas111998-10-16139609
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
CondensateDisposition10,148 bbl$432,524
GasProduction3,101,200 Mcf$12,217,901
Total$12,650,425

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 27.3890, -99.1705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38896, -99.17052 · 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
11,560 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 11,560 ft.

Completions filed
Jun 1998
1 of 1 wells

1 well

42-479369196411,560 ftJun 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 (336)

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

336 months

May 202662,538106.413.05$8,369
Apr 2026102,38498.932.87$7,831
Mar 202672,51489.753.15$8,546
Feb 202642,25063.503.75$8,692
Jan 202642,44559.138.00$19,791
Dec 202522,49856.664.41$11,138
Nov 202582,46058.593.93$10,128
Oct 202542,15159.383.30$7,346
Sep 202542,34562.743.08$7,466
Aug 202542,29463.933.01$7,172
Jul 202592,41666.743.32$8,610
Jun 202502,36566.483.13$7,399
May 202572,27060.553.23$7,761
Apr 202562,09262.363.54$7,786
Mar 202562,19367.704.27$9,767
Feb 202542,09170.884.34$9,360
Jan 202592,58374.324.28$11,721
Dec 202492,45168.993.12$8,271
Nov 202442,26669.052.20$5,258
Oct 202492,48571.372.28$6,312
Sep 202442,49869.612.36$6,185
Aug 202462,59175.632.06$5,801
Jul 202462,62879.932.15$6,121
Jun 202462,48778.082.63$7,019
May 202442,51578.812.20$5,844
Apr 202472,51284.451.66$4,759
Mar 202472,72480.301.55$4,771
Feb 202492,38076.091.78$4,930
Jan 202442,61173.023.30$8,902
Dec 202382,76571.262.61$7,789
Nov 202322,69877.892.81$7,731
Oct 202372,54685.443.09$8,458
Sep 202342,17289.042.74$6,297
Aug 202342,17780.522.67$6,141
Jul 202341,98274.852.64$5,535
Jun 202341,86668.962.26$4,490
May 202372,08170.622.23$5,130
Apr 202362,02278.122.24$4,993
Mar 202371,67772.852.39$4,523
Feb 202341,52675.112.47$4,063
Jan 202361,77076.533.39$6,455
Dec 202291,90076.415.73$11,573
Nov 202282,26385.005.65$13,457
Oct 2022102,45887.185.86$15,285
Sep 202222,34684.888.16$19,322
Aug 202262,67394.529.13$24,964
Jul 2022102,814101.587.54$22,239
Jun 202262,579115.097.98$21,264
May 202262,687109.378.43$23,316
Apr 202282,503104.226.84$17,948
Mar 202282,657108.885.08$14,359
Feb 202262,42891.054.86$12,344
Jan 202262,65081.844.54$12,516
Dec 2021102,82871.323.90$11,740
Nov 202162,88677.435.24$15,578
Oct 2021102,85979.795.71$17,134
Sep 202131,92369.865.35$10,499
Aug 202151,79866.024.22$7,919
Jul 202162,32470.783.98$9,679
Jun 202121,95569.493.38$6,748
May 202172,18463.483.02$7,035
Apr 202182,36960.362.76$7,018
Mar 2021102,53861.302.72$7,509
Feb 202172,24057.805.55$12,832
Jan 202162,61050.412.81$7,637
Dec 202052,58644.642.68$7,142
Nov 202092,58938.772.71$7,356
Oct 202082,86936.972.48$7,406
Sep 202062,63637.091.99$5,471
Aug 202032,75939.982.39$6,700
Jul 2020102,66438.371.83$5,246
Jun 202082,63334.901.69$4,730
May 202002,81616.921.81$5,110
Apr 2020102,99014.751.80$5,543
Mar 202073,12930.341.86$6,021
Feb 202072,95049.881.98$6,192
Jan 202093,14757.252.09$7,107
Dec 201992,84059.012.30$7,075
Nov 201982,59255.302.75$7,572
Oct 201972,11553.472.42$5,490
Sep 201992,26255.052.66$6,506
Aug 2019123,02053.112.30$7,596
Jul 201982,99756.272.46$7,823
Jun 201982,94552.782.49$7,759
May 2019123,08558.482.74$9,156
Apr 2019123,44362.632.75$10,222
Mar 201972,32556.803.06$7,517
Feb 201982,04650.852.79$6,120
Jan 201992,34746.033.23$7,991
Dec 201872,48246.594.19$10,714
Nov 201872,25352.934.24$9,917
Oct 201872,19461.443.40$7,885
Sep 201862,01459.543.11$6,617
Aug 201842,24359.403.07$7,116
Jul 201862,20865.142.93$6,864
Jun 201862,15760.183.08$6,998
May 201882,21065.382.90$6,934
Apr 2018112,36963.842.90$7,574
Mar 201862,44861.222.79$7,190
Feb 2018102,22761.782.77$6,778
Jan 201882,43062.874.01$10,246
Dec 2017133,04757.272.92$9,646
Nov 201753,06555.423.12$9,835
Oct 201793,16149.292.98$9,875
Sep 201783,03047.523.09$9,735
Aug 201753,06745.373.00$9,441
Jul 201763,13143.873.09$9,929
Jun 201703,00342.493.09$9,271
May 201703,19345.373.26$10,420
Apr 201702,97247.933.21$9,545
Mar 201703,13946.772.98$9,366
Feb 201702,88650.452.95$8,521
Jan 201703,26149.413.42$11,149
Dec 201603,17948.763.72$11,835
Nov 201603,08942.492.64$8,168
Oct 201603,11046.193.09$9,611
Sep 201603,17541.553.10$9,845
Aug 201603,40941.442.92$9,969
Jul 201603,31341.622.92$9,688
Jun 201603,14545.352.69$8,447
May 201603,23842.521.99$6,447
Apr 201603,12736.561.99$6,226
Mar 201603,31533.011.79$5,947
Feb 201603,33526.472.06$6,882
Jan 201603,53027.352.36$8,346
Dec 201503,60732.362.00$7,219
Nov 201503,74838.792.17$8,123
Oct 201503,83443.552.43$9,304
Sep 201504,01042.992.76$11,061
Aug 201503,82940.162.87$10,999
Jul 201503,54848.152.95$10,449
Jun 201503,48656.152.88$10,050
May 201503,80255.212.96$11,237
Apr 201503,31349.822.71$8,967
Mar 201503,53842.892.93$10,383
Feb 201503,24144.662.98$9,646
Jan 201502,92843.433.10$9,079
Dec 201403,55654.693.59$12,771
Nov 201402,42170.464.25$10,294
Oct 201403,46878.303.90$13,529
Sep 201402,38186.164.05$9,632
Aug 201403,06589.394.04$12,368
Jul 201403,41996.564.18$14,290
Jun 201402,99098.164.74$14,163
May 201403,23894.734.73$15,305
Apr 201403,24995.944.81$15,625
Mar 201405,04495.895.06$25,507
Feb 201401,98297.406.19$12,273
Jan 201403,75890.404.86$18,267
Dec 201304,59191.824.35$19,991
Nov 201304,57288.853.74$17,091
Oct 201304,24797.423.78$16,051
Sep 201304,674104.113.72$17,377
Aug 201303,999104.253.52$14,087
Jul 2013205,062102.523.72$20,870
Jun 2013544,26794.403.93$21,881
May 2013664,83594.834.15$26,320
Apr 2013654,69093.964.28$26,193
Mar 2013624,89193.623.91$24,942
Feb 2013643,82291.233.42$18,910
Jan 2013564,30891.603.42$19,863
Dec 2012644,16286.773.42$19,788
Nov 201204,39286.953.62$15,921
Oct 201205,00389.383.40$17,009
Sep 201204,81694.672.92$14,055
Aug 201206,01492.662.91$17,490
Jul 201204,32985.133.02$13,077
Jun 201254,93579.822.52$12,831
May 2012313,99391.612.49$12,776
Apr 2012434,890101.652.00$14,135
Mar 2012615,141105.052.22$17,832
Feb 2012444,879101.102.57$16,989
Jan 2012514,56998.092.73$17,495
Dec 2011325,16996.873.24$19,846
Nov 201105,55795.723.31$18,401
Oct 201105,27784.983.65$19,253
Sep 201105,41883.623.99$21,595
Aug 201105,05583.404.15$20,975
Jul 201125,33494.144.52$24,283
Jun 2011134,87492.904.64$23,822
May 2011114,80898.134.40$22,258
Apr 2011165,114105.964.33$23,856
Mar 2011215,33996.364.06$23,686
Feb 2011124,94085.644.18$21,677
Jan 201104,99786.504.59$22,930
Dec 201004,94085.734.35$21,478
Nov 201004,86980.843.80$18,479
Oct 201005,00478.103.51$17,558
Sep 201004,61672.633.98$18,369
Aug 201004,88973.684.42$21,606
Jul 201004,93072.554.74$23,351
Jun 201004,81370.364.91$23,634
May 201005,31271.124.24$22,497
Apr 201004,49281.694.12$18,519
Mar 201005,81378.394.39$25,511
Feb 201005,15273.585.44$28,039
Jan 201005,40274.365.96$32,218
Dec 2009105,52871.445.48$31,029
Nov 2009435,88674.593.75$25,289
Oct 2009334,70672.544.11$21,737
Sep 2009365,24465.543.06$18,431
Aug 2009305,69267.423.22$20,342
Jul 200902,43061.133.46$8,419
Jun 200902,83166.163.90$11,027
May 200904,17154.743.93$16,374
Apr 200903,68046.773.59$13,202
Mar 200903,62342.144.06$14,706
Feb 200903,49732.814.63$16,202
Jan 200904,08635.865.37$21,946
Dec 200805,04437.105.98$30,149
Nov 200805,61055.496.86$38,487
Oct 200806,59075.246.92$45,616
Sep 200806,141101.767.88$48,373
Aug 200806,281114.228.48$53,282
Jul 200816,717131.0811.39$76,634
Jun 2008116,660131.3313.03$88,242
May 2008387,195123.1711.57$87,957
Apr 2008327,151110.3110.45$78,293
Mar 2008377,106101.909.66$72,443
Feb 2008467,07892.538.77$66,335
Jan 2008567,70890.388.21$68,311
Dec 2007357,16488.337.30$55,403
Nov 2007367,21691.677.29$55,917
Oct 2007297,46082.856.92$54,041
Sep 2007217,25075.846.24$46,863
Aug 2007247,94369.066.39$52,397
Jul 2007257,77370.906.39$51,426
Jun 2007277,29362.007.55$56,725
May 2007247,77958.747.85$62,446
Apr 2007277,53559.617.81$60,422
Mar 2007327,82756.927.30$58,974
Feb 2007399,52555.108.22$80,406
Jan 200757,87050.306.73$53,192
Dec 200668,98856.656.92$62,523
Nov 200677,28054.207.62$55,835
Oct 200677,86054.906.01$47,653
Sep 200677,44260.085.04$37,907
Aug 200688,06768.717.34$59,761
Jul 20061248,03169.376.34$59,541
Jun 2006747,77766.286.38$54,552
May 2006798,50066.016.42$59,827
Apr 2006818,34664.397.36$66,646
Mar 2006958,49156.707.08$65,528
Feb 2006807,53957.597.75$63,043
Jan 2006928,87560.598.93$84,858
Dec 2005629,17154.9413.42$126,439
Nov 2005559,23854.6910.59$100,824
Oct 20054910,01458.3413.80$141,009
Sep 2005317,96661.4512.08$98,126
Aug 2005499,39861.519.80$95,085
Jul 2005549,17955.697.84$75,004
Jun 2005629,45452.337.38$73,025
May 2005749,75045.226.65$68,195
Apr 2005829,90949.207.36$76,969
Mar 20051510,37650.377.15$74,995
Feb 2005949,89745.226.31$66,720
Jan 2005129,86143.166.32$62,861
Dec 20042610,03939.866.75$68,810
Nov 20042510,12645.286.33$65,234
Oct 20042110,31449.706.52$68,240
Sep 2004219,76443.245.28$52,500
Aug 20042910,30342.375.55$58,417
Jul 200418210,03238.286.08$68,003
Jun 200416810,11136.106.43$71,109
May 200415210,70037.486.49$75,189
Apr 200416510,46034.475.86$66,967
Mar 200420410,67134.365.53$66,022
Feb 200416810,26632.455.51$62,013
Jan 200414111,14832.036.30$74,745
Dec 200313911,65130.266.30$77,627
Nov 200311011,88428.804.60$57,777
Oct 200310812,54828.174.76$62,766
Sep 20039510,99026.314.75$54,695
Aug 200310212,52929.765.13$67,306
Jul 200312712,60129.415.17$68,893
Jun 20038911,93828.565.98$73,966
May 20039812,74526.595.97$78,728
Apr 200310213,12826.675.41$73,707
Mar 200314612,83231.146.10$82,771
Feb 200312611,52833.487.93$95,588
Jan 200313012,96330.315.58$76,300
Dec 200212913,78626.914.85$70,385
Nov 200211013,57724.664.14$58,880
Oct 200211214,50026.464.23$64,286
Sep 200210014,42427.443.64$55,178
Aug 20029714,93725.963.16$49,781
Jul 200210114,67724.583.06$47,420
Jun 20023114,21423.733.34$48,185
May 20024214,64824.663.58$53,534
Apr 20023814,47123.653.51$51,725
Mar 20026815,86422.003.10$50,718
Feb 200213914,97618.222.38$38,111
Jan 200211216,44017.172.38$40,979
Dec 20018016,95416.932.36$41,440
Nov 200111216,39718.072.41$41,467
Oct 20019918,22019.782.53$48,034
Sep 20019317,85224.262.25$42,447
Aug 20018818,51024.873.05$58,703
Jul 20015018,70723.933.20$61,004
Jun 20014618,41224.563.82$71,540
May 200115720,83125.524.31$93,732
Apr 200117119,57224.685.34$108,643
Mar 200114420,68124.545.38$114,724
Feb 200110519,41927.755.77$114,905
Jan 200110821,04427.478.40$179,710
Dec 2000017,65526.889.12$161,058
Nov 2000017,38432.215.66$98,359
Oct 2000022,92131.235.15$117,940
Sep 2000021,85731.875.19$113,361
Aug 2000020,06029.644.54$91,087
Jul 2000022,26928.534.09$91,075
Jun 2000026,35129.304.40$115,872
May 2000034,01627.263.68$125,170
Apr 2000031,82124.513.12$99,154
Mar 2000035,46928.422.86$101,432
Feb 2000038,15427.622.73$104,027
Jan 2000839,71425.272.48$98,713
Dec 199941726,44824.282.42$74,227
Nov 199951425,83023.192.43$74,790
Oct 199945127,57320.982.80$86,769
Sep 19993928,18021.752.62$74,647
Aug 19994029,66019.262.88$86,061
Jul 19995534,11617.892.37$81,920
Jun 19995334,30215.942.36$81,870
May 19995639,29015.792.32$92,077
Apr 1999037,19615.102.21$82,131
Mar 1999041,15412.471.84$75,655
Feb 1999041,6799.981.82$75,764
Jan 1999051,61510.381.90$98,066
Dec 1998056,7469.201.77$100,629
Nov 1998060,67510.892.19$132,619
Oct 1998072,80812.421.97$143,374
Sep 1998082,82512.592.08$172,493
Aug 19980104,33611.301.91$199,005
Jul 19980132,60811.742.24$296,680
Jun 19980100,02411.242.24$223,781

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             6 bbl  × $106.41 =       $638
Gas                2,538 Mcf  × $  3.05 =     $7,730

────────────────────────────────────────────────────
Month total                                   $8,369

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/168838 is the state's own key, not one this site invented.