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 169403District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jul 1998 – May 2026
Value, last 12 filed months
$9 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 Gas111998-10-16139612
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
CondensateDisposition1,212 bbl$77,766
GasProduction1,407,342 Mcf$5,207,773
Total$5,285,539

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 27.3998, -99.1646. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39977, -99.16464 · 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
11,038 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 11,038 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-479369116911,038 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261089.753.15$90
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20251056.664.41$57
Nov 2025392158.593.93$3,792
Oct 202501,10959.383.30$3,665
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20251066.743.32$67
Jun 2025036766.483.13$1,148
May 2025016260.553.23$524
Apr 202506062.363.54$213
Mar 202507367.704.27$312
Feb 202507870.884.34$339
Jan 202505474.324.28$231
Dec 2024011668.993.12$362
Nov 2024012169.052.20$266
Oct 2024115771.372.28$430
Sep 2024011069.612.36$260
Aug 2024011775.632.06$241
Jul 2024013379.932.15$286
Jun 2024014578.082.63$382
May 2024519478.812.20$821
Apr 2024015084.451.66$249
Mar 2024022080.301.55$340
Feb 2024025576.091.78$455
Jan 2024028273.023.30$930
Dec 2023129271.262.61$834
Nov 2023030377.892.81$851
Oct 2023123485.443.09$808
Sep 2023031889.042.74$870
Aug 2023052680.522.67$1,406
Jul 2023149874.852.64$1,390
Jun 2023032168.962.26$725
May 2023487970.622.23$2,240
Apr 2023252678.122.24$1,333
Mar 2023372572.852.39$1,954
Feb 2023289575.112.47$2,357
Jan 2023157876.533.39$2,035
Dec 2022250576.415.73$3,046
Nov 2022389185.005.65$5,286
Oct 2022393087.185.86$5,715
Sep 2022161184.888.16$5,073
Aug 2022392394.529.13$8,708
Jul 20223956101.587.54$7,515
Jun 202221,004115.097.98$8,239
May 202231,137109.378.43$9,916
Apr 202241,021104.226.84$7,398
Mar 20223969108.885.08$5,246
Feb 2022383391.054.86$4,321
Jan 202231,05881.844.54$5,046
Dec 2021259571.323.90$2,463
Nov 2021262477.435.24$3,423
Oct 2021489979.795.71$5,456
Sep 2021392069.865.35$5,132
Aug 202141,43566.024.22$6,321
Jul 202131,25870.783.98$5,222
Jun 2021038069.493.38$1,285
May 2021276763.483.02$2,442
Apr 2021255660.362.76$1,654
Mar 2021373261.302.72$2,173
Feb 2021391657.805.55$5,255
Jan 202131,34750.412.81$3,937
Dec 2020292544.642.68$2,564
Nov 202041,25038.772.71$3,538
Oct 202031,30436.972.48$3,343
Sep 202031,06937.091.99$2,240
Aug 2020182739.982.39$2,012
Jul 2020277338.371.83$1,488
Jun 2020279134.901.69$1,407
May 2020076716.921.81$1,392
Apr 2020396114.751.80$1,778
Mar 2020163530.341.86$1,209
Feb 2020091349.881.98$1,808
Jan 2020248757.252.09$1,135
Dec 201941,02759.012.30$2,603
Nov 201941,18055.302.75$3,467
Oct 201941,60253.472.42$4,088
Sep 2019379455.052.66$2,275
Aug 201941,18453.112.30$2,941
Jul 201931,08856.272.46$2,845
Jun 201931,29252.782.49$3,377
May 201961,59758.482.74$4,727
Apr 201961,53062.632.75$4,584
Mar 201941,19456.803.06$3,883
Feb 201961,57850.852.79$4,711
Jan 201951,22146.033.23$4,172
Dec 201841,15946.594.19$5,037
Nov 201841,29152.934.24$5,682
Oct 201841,26961.443.40$4,558
Sep 201851,48759.543.11$4,919
Aug 201831,45859.403.07$4,649
Jul 201841,32565.142.93$4,145
Jun 201831,26960.183.08$4,085
May 201861,33865.382.90$4,274
Apr 201871,36163.842.90$4,395
Mar 201841,56161.222.79$4,595
Feb 201871,48161.782.77$4,529
Jan 201871,96162.874.01$8,302
Dec 201782,05057.272.92$6,447
Nov 201731,99855.423.12$6,397
Oct 201751,66149.292.98$5,202
Sep 201741,46247.523.09$4,704
Aug 201721,52345.373.00$4,666
Jul 201741,53343.873.09$4,908
Jun 2017091042.493.09$2,809
May 201701,28945.373.26$4,207
Apr 201701,28147.933.21$4,114
Mar 201701,51846.772.98$4,529
Feb 2017090950.452.95$2,684
Jan 201701,43749.413.42$4,913
Dec 201601,67348.763.72$6,228
Nov 201601,70842.492.64$4,517
Oct 201601,55146.193.09$4,793
Sep 201601,89041.553.10$5,860
Aug 201601,79641.442.92$5,252
Jul 201601,77641.622.92$5,194
Jun 201602,16945.352.69$5,826
May 201602,29242.521.99$4,563
Apr 201601,36036.561.99$2,708
Mar 201601,19733.011.79$2,147
Feb 201601,44326.472.06$2,978
Jan 201601,49327.352.36$3,530
Dec 201501,80532.362.00$3,613
Nov 201501,48838.792.17$3,225
Oct 201501,62843.552.43$3,950
Sep 201501,58342.992.76$4,367
Aug 201501,95540.162.87$5,616
Jul 201502,39848.152.95$7,062
Jun 201502,83056.152.88$8,158
May 201501,72455.212.96$5,095
Apr 2015018549.822.71$501
Mar 2015018842.892.93$552
Feb 2015017344.662.98$515
Jan 2015019843.433.10$614
Dec 2014018754.693.59$672
Nov 2014018870.464.25$799
Oct 2014022278.303.90$866
Sep 2014028386.164.05$1,145
Aug 2014087789.394.04$3,539
Jul 201401,27196.564.18$5,312
Jun 2014094098.164.74$4,453
May 2014089994.734.73$4,249
Apr 201401,08795.944.81$5,228
Mar 201401,29195.895.06$6,528
Feb 2014027397.406.19$1,690
Jan 2014091590.404.86$4,448
Dec 201301,03391.824.35$4,498
Nov 2013091588.853.74$3,421
Oct 2013095197.423.78$3,594
Sep 20130948104.113.72$3,524
Aug 20130849104.253.52$2,991
Jul 20130755102.523.72$2,807
Jun 201301,28694.403.93$5,058
May 201301,39894.834.15$5,800
Apr 201301,34093.964.28$5,739
Mar 201301,37493.623.91$5,376
Feb 201301,28991.233.42$4,408
Jan 201301,39391.603.42$4,764
Dec 201201,29186.773.42$4,415
Nov 201201,23286.953.62$4,466
Oct 201201,27389.383.40$4,328
Sep 2012096394.672.92$2,810
Aug 2012088292.662.91$2,565
Jul 201201,23885.133.02$3,740
Jun 2012032979.822.52$829
May 2012051791.612.49$1,286
Apr 201201,791101.652.00$3,576
Mar 201201,858105.052.22$4,129
Feb 201201,775101.102.57$4,562
Jan 201201,92098.092.73$5,249
Dec 201101,85896.873.24$6,019
Nov 201101,87195.723.31$6,195
Oct 201101,99784.983.65$7,286
Sep 201102,02983.623.99$8,087
Aug 201102,17283.404.15$9,012
Jul 201142,24294.144.52$10,504
Jun 2011282,22492.904.64$12,920
May 2011161,55498.134.40$8,415
Apr 2011191,003105.964.33$6,360
Mar 2011392,08996.364.06$12,234
Feb 2011261,90185.644.18$10,173
Jan 2011212,09286.504.59$11,416
Dec 2010202,04685.734.35$10,610
Nov 201002,02280.843.80$7,674
Oct 201002,15978.103.51$7,576
Sep 201001,99572.633.98$7,939
Aug 201002,02273.684.42$8,936
Jul 201002,39772.554.74$11,353
Jun 201002,17270.364.91$10,665
May 201002,24471.124.24$9,504
Apr 201001,99181.694.12$8,208
Mar 201002,38178.394.39$10,449
Feb 201002,12773.585.44$11,576
Jan 201002,42074.365.96$14,433
Dec 200902,41871.445.48$13,260
Nov 200902,39474.593.75$8,981
Oct 200902,42372.544.11$9,959
Sep 200902,32065.543.06$7,110
Aug 200902,58867.423.22$8,329
Jul 200902,68561.133.46$9,302
Jun 200902,68466.163.90$10,454
May 200902,57854.743.93$10,121
Apr 200902,79846.773.59$10,038
Mar 200902,98742.144.06$12,124
Feb 200902,61832.814.63$12,129
Jan 200902,65235.865.37$14,244
Dec 200803,04237.105.98$18,182
Nov 200842,74155.496.86$19,026
Oct 200843,04875.246.92$21,399
Sep 200853,005101.767.88$24,179
Aug 200843,051114.228.48$26,339
Jul 200833,413131.0811.39$39,265
Jun 200813,355131.3313.03$43,856
May 200803,944123.1711.57$45,649
Apr 200804,911110.3110.45$51,344
Mar 200801,905101.909.66$18,410
Feb 200802,20592.538.77$19,339
Jan 200802,34390.388.21$19,226
Dec 200701,72088.337.30$12,559
Nov 200702,69891.677.29$19,673
Oct 200702,77182.856.92$19,181
Sep 200703,08175.846.24$19,238
Aug 200702,84869.066.39$18,193
Jul 200702,84370.906.39$18,161
Jun 200743,29662.007.55$25,128
May 2007323,74458.747.85$31,256
Apr 2007434,23159.617.81$35,587
Mar 2007514,84756.927.30$38,296
Feb 2007272,38655.108.22$21,091
Jan 200702,45750.306.73$16,528
Dec 200602,73456.656.92$18,915
Nov 200602,64154.207.62$20,118
Oct 200602,96154.906.01$17,807
Sep 200603,05260.085.04$15,374
Aug 200603,28268.717.34$24,090
Jul 200603,32069.376.34$21,058
Jun 200603,77466.286.38$24,093
May 200604,61066.016.42$29,619
Apr 200605,93564.397.36$43,684
Mar 200602,13356.707.08$15,108
Feb 2006013757.597.75$1,062
Jan 2006038460.598.93$3,430
Dec 2005040154.9413.42$5,380
Nov 2005053754.6910.59$5,686
Oct 2005151,62758.3413.80$23,321
Sep 200551167461.4512.08$39,542
Aug 2005085061.519.80$8,327
Jul 200502,86055.697.84$22,433
Jun 200502,78152.337.38$20,527
May 200504,07245.226.65$27,084
Apr 200505,11249.207.36$37,627
Mar 200506,19450.377.15$44,317
Feb 200505,05545.226.31$31,907
Jan 200502,38443.166.32$15,072
Dec 200402,19239.866.75$14,798
Nov 200402,97545.286.33$18,833
Oct 200403,49049.706.52$22,738
Sep 200403,71643.245.28$19,635
Aug 200403,85342.375.55$21,387
Jul 200423,73338.286.08$22,789
Jun 200423,91236.106.43$25,238
May 200424,99537.486.49$32,515
Apr 200412,92234.475.86$17,153
Mar 200434,54734.365.53$25,249
Feb 200424,42532.455.51$24,445
Jan 200474,86032.036.30$30,840
Dec 200375,37330.266.30$34,071
Nov 200365,59128.804.60$25,864
Oct 200344,41128.174.76$21,107
Sep 200355,24826.314.75$25,056
Aug 200355,49229.765.13$28,321
Jul 200365,72029.415.17$29,754
Jun 200365,54828.565.98$33,365
May 200365,77626.595.97$34,658
Apr 200355,77326.675.41$31,350
Mar 200365,75931.146.10$35,294
Feb 200355,63933.487.93$44,861
Jan 200355,69530.315.58$31,941
Dec 200206,47226.914.85$31,414
Nov 200206,50124.664.14$26,894
Oct 200206,89026.464.23$29,139
Sep 200207,05927.443.64$25,661
Aug 200207,35125.963.16$23,260
Jul 200207,34924.583.06$22,501
Jun 200207,60423.733.34$25,384
May 200208,14124.663.58$29,177
Apr 200208,28423.653.51$29,096
Mar 200206,73122.003.10$20,884
Feb 200207,17018.222.38$17,034
Jan 200207,62417.172.38$18,112
Dec 200107,69216.932.36$18,187
Nov 200107,81118.072.41$18,790
Oct 200108,42119.782.53$21,296
Sep 200108,26824.262.25$18,614
Aug 200109,09724.873.05$27,775
Jul 200109,05423.933.20$28,946
Jun 200107,21624.563.82$27,595
May 200108,41525.524.31$36,246
Apr 200109,27524.685.34$49,485
Mar 200109,72524.545.38$52,286
Feb 200108,60327.755.77$49,614
Jan 200109,26627.478.40$77,823
Dec 2000010,65426.889.12$97,191
Nov 2000010,61632.215.66$60,065
Oct 2000011,23731.235.15$57,820
Sep 2000011,58531.875.19$60,086
Aug 2000011,53629.644.54$52,382
Jul 2000012,72828.534.09$52,054
Jun 2000012,73629.304.40$56,003
May 2000012,99727.263.68$47,826
Apr 2000014,59324.513.12$45,472
Mar 2000012,40428.422.86$35,472
Feb 2000013,83227.622.73$37,713
Jan 2000013,74625.272.48$34,097
Dec 1999016,19624.282.42$39,255
Nov 1999015,51123.192.43$37,754
Oct 1999017,61420.982.80$49,385
Sep 1999017,41321.752.62$45,602
Aug 1999019,21819.262.88$55,263
Jul 1999020,58317.892.37$48,830
Jun 1999021,67515.942.36$51,199
May 1999024,64615.792.32$57,204
Apr 1999026,96815.102.21$59,547
Mar 1999029,43712.471.84$54,115
Feb 1999025,8479.981.82$46,984
Jan 1999030,85310.381.90$58,619
Dec 1998035,3179.201.77$62,628
Nov 1998036,86510.892.19$80,577
Oct 1998039,99312.421.97$78,755
Sep 1998051,93512.592.08$108,161
Aug 1998082,43511.301.91$157,232
Jul 1998056,71811.742.24$126,893

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.

Mar 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 89.75 =        $90
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                      $90

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/169403 is the state's own key, not one this site invented.