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 169395District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.2 M
Jul 1998 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
335
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 Gas111998-10-19139615
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
CondensateDisposition7,589 bbl$312,376
GasProduction5,297,052 Mcf$20,889,543
Total$21,201,919

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 27.4391, -99.1341. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43908, -99.13410 · 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
10,800 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 10,800 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-479369827710,800 ftJul 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 (335)

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

335 months

May 2026104,630106.413.05$15,166
Apr 2026164,29698.932.87$13,911
Mar 202683,97189.753.15$13,224
Feb 202662,71163.503.75$10,548
Jan 202673,90659.138.00$31,654
Dec 202534,11456.664.41$18,327
Nov 2025133,72258.593.93$15,376
Oct 202573,61159.383.30$12,349
Sep 202583,92762.743.08$12,585
Aug 202574,87063.933.01$15,129
Jul 2025194,82766.743.32$17,271
Jun 202504,55466.483.13$14,248
May 2025154,65560.553.23$15,955
Apr 2025124,48362.363.54$16,632
Mar 2025134,88867.704.27$21,744
Feb 202594,67570.884.34$20,931
Jan 2025165,49274.324.28$24,688
Dec 2024153,96068.993.12$13,395
Nov 202484,06669.052.20$9,491
Oct 2024184,41971.372.28$11,366
Sep 2024115,44069.612.36$13,628
Aug 2024146,26775.632.06$13,992
Jul 2024155,57179.932.15$13,158
Jun 2024155,79878.082.63$16,443
May 2024115,99378.812.20$14,042
Apr 2024185,79884.451.66$11,140
Mar 2024186,32280.301.55$11,214
Feb 2024245,78876.091.78$12,150
Jan 2024126,40473.023.30$21,994
Dec 2023246,69571.262.61$19,189
Nov 202366,74077.892.81$19,390
Oct 2023277,38585.443.09$25,106
Sep 2023137,56589.042.74$21,848
Aug 2023148,47280.522.67$23,772
Jul 2023208,64674.852.64$24,338
Jun 2023129,48468.962.26$22,247
May 2023217,80070.622.23$18,857
Apr 2023398078.122.24$2,427
Mar 202371,30072.852.39$3,621
Feb 202341,72375.112.47$4,549
Jan 202372,03776.533.39$7,437
Dec 202272,16076.415.73$12,910
Nov 202272,18985.005.65$12,955
Oct 202281,65987.185.86$10,425
Sep 202222,37284.888.16$19,534
Aug 202262,32094.529.13$21,742
Jul 202282,477101.587.54$19,494
Jun 202262,553115.097.98$21,056
May 202262,880109.378.43$24,943
Apr 202292,827104.226.84$20,268
Mar 2022113,080108.885.08$16,833
Feb 202292,84791.054.86$14,653
Jan 2022113,54781.844.54$16,995
Dec 2021254,68171.323.90$20,035
Nov 2021188,83577.435.24$47,661
Oct 20213512,22979.795.71$72,668
Sep 2021128,02369.865.35$43,769
Aug 202182,50166.024.22$11,084
Jul 202182,85670.783.98$11,939
Jun 202142,67569.493.38$9,321
May 202182,65463.483.02$8,517
Apr 2021102,63060.362.76$7,858
Mar 2021122,88361.302.72$8,569
Feb 202182,66457.805.55$15,242
Jan 202183,02950.412.81$8,916
Dec 202062,95544.642.68$8,174
Nov 202092,96738.772.71$8,379
Oct 202082,79436.972.48$7,220
Sep 202062,74637.091.99$5,690
Aug 202032,96039.982.39$7,180
Jul 2020113,02538.371.83$5,943
Jun 2020103,05134.901.69$5,506
May 202003,18016.921.81$5,771
Apr 2020103,21014.751.80$5,940
Mar 202063,29230.341.86$6,293
Feb 202042,73149.881.98$5,609
Jan 202062,28157.252.09$5,122
Dec 201941,77959.012.30$4,336
Nov 2019121955.302.75$658
Oct 2019225053.472.42$712
Sep 2019128755.052.66$818
Aug 2019118253.112.30$473
Jul 2019122856.272.46$617
Jun 2019154152.782.49$1,401
May 2019278458.482.74$2,265
Apr 2019112162.632.75$395
Mar 2019815656.803.06$932
Feb 2019119650.852.79$598
Jan 2019130746.033.23$1,037
Dec 2018143846.594.19$1,880
Nov 2018154052.934.24$2,341
Oct 2018152761.443.40$1,852
Sep 2018145959.543.11$1,486
Aug 2018141659.403.07$1,335
Jul 2018143965.142.93$1,352
Jun 2018228160.183.08$985
May 201841,03165.382.90$3,252
Apr 201881,52663.842.90$4,937
Mar 201841,79161.222.79$5,236
Feb 201881,81461.782.77$5,512
Jan 201872,11462.874.01$8,916
Dec 201792,30457.272.92$7,247
Nov 201733,03655.423.12$9,634
Oct 2017135849.292.98$1,117
Sep 2017363947.523.09$2,115
Aug 201742,56945.373.00$7,900
Jul 201762,58043.873.09$8,228
Jun 201722,82242.493.09$8,797
May 201723,18545.373.26$10,485
Apr 201712,95747.933.21$9,545
Mar 201702,40946.772.98$7,188
Feb 201712,88550.452.95$8,569
Jan 201703,92649.413.42$13,422
Dec 201602,45248.763.72$9,128
Nov 201602,38442.492.64$6,304
Oct 201604,11246.193.09$12,707
Sep 201603,04641.553.10$9,445
Aug 201602,42041.442.92$7,077
Jul 201603,04541.622.92$8,905
Jun 201603,51545.352.69$9,441
May 201603,35642.521.99$6,682
Apr 201603,12536.561.99$6,222
Mar 201604,00133.011.79$7,178
Feb 201603,91726.472.06$8,083
Jan 201604,17727.352.36$9,876
Dec 201504,37732.362.00$8,760
Nov 201504,48838.792.17$9,727
Oct 201504,82043.552.43$11,696
Sep 201505,03342.992.76$13,883
Aug 201503,66840.162.87$10,536
Jul 201502,66148.152.95$7,837
Jun 201502,15056.152.88$6,198
May 201502,64955.212.96$7,829
Apr 201503,92149.822.71$10,612
Mar 201503,83842.892.93$11,263
Feb 201503,49144.662.98$10,390
Jan 201503,74943.433.10$11,624
Dec 201403,56454.693.59$12,800
Nov 201403,71270.464.25$15,783
Oct 201403,93478.303.90$15,346
Sep 201403,19886.164.05$12,937
Aug 201402,88389.394.04$11,633
Jul 201403,72596.564.18$15,569
Jun 201403,18598.164.74$15,087
May 201403,27594.734.73$15,479
Apr 201403,74495.944.81$18,005
Mar 201404,17595.895.06$21,112
Feb 201403,75697.406.19$23,257
Jan 201403,59390.404.86$17,465
Dec 201304,05991.824.35$17,675
Nov 201303,79588.853.74$14,187
Oct 201303,98697.423.78$15,065
Sep 201303,907104.113.72$14,525
Aug 201303,866104.253.52$13,618
Jul 201303,967102.523.72$14,748
Jun 201304,25694.403.93$16,741
May 201304,47094.834.15$18,546
Apr 201304,67093.964.28$20,000
Mar 201305,46493.623.91$21,380
Feb 201302,28491.233.42$7,811
Jan 201304,43891.603.42$15,178
Dec 201204,38986.773.42$15,011
Nov 201204,63386.953.62$16,794
Oct 201205,06089.383.40$17,202
Sep 201203,55794.672.92$10,381
Aug 201204,46992.662.91$12,997
Jul 201204,33885.133.02$13,104
Jun 201204,70979.822.52$11,862
May 201204,97791.612.49$12,384
Apr 201204,746101.652.00$9,477
Mar 201204,855105.052.22$10,788
Feb 201202,331101.102.57$5,991
Jan 201204,57398.092.73$12,503
Dec 201104,53096.873.24$14,676
Nov 201107,89695.723.31$26,146
Oct 201107,88684.983.65$28,772
Sep 201109,36383.623.99$37,319
Aug 2011010,10583.404.15$41,929
Jul 2011810,50494.144.52$48,202
Jun 2011679,29992.904.64$49,371
May 20116611,33498.134.40$56,401
Apr 20119011,433105.964.33$59,079
Mar 20119910,05296.364.06$50,324
Feb 2011689,22485.644.18$44,380
Jan 20115810,99186.504.59$55,452
Dec 20106411,62285.734.35$56,016
Nov 20101113,09980.843.80$50,604
Oct 2010815,82178.103.51$56,139
Sep 20100072.633.98$0
Aug 201023,17873.684.42$14,192
Jul 201023,92472.554.74$18,731
Jun 201024,52570.364.91$22,360
May 201005,21171.124.24$22,070
Apr 201003,14681.694.12$12,970
Mar 201004,50178.394.39$19,753
Feb 201005,35373.585.44$29,133
Jan 201004,92474.365.96$29,367
Dec 200935,36571.445.48$29,635
Nov 2009155,31474.593.75$21,054
Oct 2009156,16072.544.11$26,407
Sep 2009103,75765.543.06$12,170
Aug 2009104,60367.423.22$15,489
Jul 2009145,43261.133.46$19,675
Jun 2009166,18066.163.90$25,130
May 2009175,33354.743.93$21,867
Apr 2009184,28646.773.59$16,218
Mar 2009175,10042.144.06$21,417
Feb 2009104,93432.814.63$23,187
Jan 2009196,27335.865.37$34,374
Dec 2008155,17837.105.98$31,506
Nov 200886,59255.496.86$45,667
Oct 200875,65175.246.92$39,643
Sep 2008116,905101.767.88$55,511
Aug 200897,766114.228.48$66,907
Jul 2008812,340131.0811.39$141,594
Jun 2008513,419131.3313.03$175,542
May 20081210,360123.1711.57$121,388
Apr 200899,607110.3110.45$101,433
Mar 2008108,370101.909.66$81,907
Feb 20081610,87092.538.77$96,817
Jan 20082212,96690.388.21$108,384
Dec 20072012,69788.337.30$94,480
Nov 20072914,05091.677.29$105,107
Oct 20071811,05782.856.92$78,028
Sep 20071311,08375.846.24$70,190
Aug 20071814,45469.066.39$93,574
Jul 20071813,58470.906.39$88,050
Jun 20071813,93162.007.55$106,273
May 2007014,39858.747.85$112,971
Apr 2007012,44959.617.81$97,167
Mar 2007014,21956.927.30$103,827
Feb 2007014,03355.108.22$115,295
Jan 2007013,58650.306.73$91,391
Dec 2006112,00056.656.92$83,078
Nov 20061912,08254.207.62$93,064
Oct 20062114,77054.906.01$89,977
Sep 20061511,06660.085.04$56,643
Aug 20062215,60068.717.34$116,014
Jul 20062213,63769.376.34$88,022
Jun 20063016,80566.286.38$109,270
May 2006011,15166.016.42$71,645
Apr 2006014,54864.397.36$107,080
Mar 2006014,76156.707.08$104,551
Feb 2006012,77957.597.75$99,052
Jan 2006016,50160.598.93$147,409
Dec 2005116,26854.9413.42$218,297
Nov 20054215,94954.6910.59$171,171
Oct 20053817,27258.3413.80$240,497
Sep 20052413,75261.4512.08$167,585
Aug 20053816,31161.519.80$162,134
Jul 20054117,12655.697.84$136,613
Jun 20052916,82052.337.38$125,667
May 20053617,29945.226.65$116,686
Apr 20053816,66349.207.36$124,517
Mar 2005718,43250.377.15$132,231
Feb 20054316,33445.226.31$105,043
Jan 20052116,84043.166.32$107,372
Dec 20044517,38939.866.75$119,188
Nov 20044318,11045.286.33$116,591
Oct 20043818,94449.706.52$125,311
Sep 20044018,52143.245.28$99,593
Aug 20044019,35842.375.55$109,144
Jul 20044719,33738.286.08$119,449
Jun 20048220,20036.106.43$132,907
May 20045119,63837.486.49$129,452
Apr 20045719,79734.475.86$117,945
Mar 20047020,06334.365.53$113,356
Feb 20045719,07932.455.51$106,968
Jan 20046720,05332.036.30$128,473
Dec 20036721,26630.266.30$136,038
Nov 20034819,89628.804.60$92,808
Oct 20034921,39028.174.76$103,189
Sep 20034921,46926.314.75$103,253
Aug 20035023,21729.765.13$120,585
Jul 20036725,40729.415.17$133,346
Jun 20034717,46728.565.98$105,847
May 20036724,45826.595.97$147,861
Apr 20033924,95926.675.41$136,000
Mar 20034323,80831.146.10$146,474
Feb 20034123,33133.487.93$186,291
Jan 20034326,98430.315.58$151,929
Dec 20026024,06126.914.85$118,401
Nov 20025626,44424.664.14$110,779
Oct 20025727,92626.464.23$119,611
Sep 20025127,80627.443.64$102,480
Aug 20024928,84625.963.16$92,545
Jul 20025228,36524.583.06$88,125
Jun 20026726,55623.733.34$90,240
May 20029430,38024.663.58$111,200
Apr 20028327,50323.653.51$98,562
Mar 200215130,67022.003.10$98,482
Feb 200231129,27918.222.38$75,224
Jan 200227334,91417.172.38$87,632
Dec 200117627,77716.932.36$68,656
Nov 200112734,34218.072.41$84,905
Oct 200111338,62819.782.53$99,921
Sep 200110638,15624.262.25$88,473
Aug 200110240,24924.873.05$125,423
Jul 20016243,02423.933.20$139,035
Jun 20015642,63624.563.82$164,422
May 200117646,64725.524.31$205,415
Apr 200114332,64824.685.34$177,717
Mar 200113939,98524.545.38$218,388
Feb 200110438,33427.755.77$223,961
Jan 200110841,69727.478.40$353,170
Dec 20009444,19626.889.12$405,705
Nov 20005231,04032.215.66$177,299
Oct 20008848,30931.235.15$251,322
Sep 20007746,24331.875.19$242,293
Aug 20008851,51229.644.54$236,511
Jul 20009954,58128.534.09$226,047
Jun 20009848,25829.304.40$215,074
May 200014462,71127.263.68$234,686
Apr 200015763,41524.513.12$201,449
Mar 200015856,36528.422.86$165,680
Feb 200011450,50427.622.73$140,848
Jan 2000058,09125.272.48$144,095
Dec 1999060,79824.282.42$147,357
Nov 1999061,26623.192.43$149,121
Oct 1999062,51720.982.80$175,280
Sep 19991263,99521.752.62$167,854
Aug 19991370,11619.262.88$201,876
Jul 19991375,60117.892.37$179,586
Jun 19991478,15415.942.36$184,831
May 19991688,00715.792.32$204,519
Apr 1999088,32915.102.21$195,035
Mar 1999096,65512.471.84$177,684
Feb 1999091,1009.981.82$165,601
Jan 19990107,20210.381.90$203,678
Dec 19980119,9459.201.77$212,701
Nov 19980126,03410.892.19$275,475
Oct 19980153,77312.421.97$302,811
Sep 19980189,36912.592.08$394,384
Aug 19980263,90011.301.91$503,350
Jul 1998084,28111.742.24$188,559

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            10 bbl  × $106.41 =     $1,064
Gas                4,630 Mcf  × $  3.05 =    $14,102

────────────────────────────────────────────────────
Month total                                  $15,166

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/169395 is the state's own key, not one this site invented.