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 169481District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.7 M
Jul 1998 – May 2026
Value, last 12 filed months
$33 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 Gas111998-10-16139613
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
CondensateDisposition19,644 bbl$557,090
GasProduction3,732,042 Mcf$13,177,119
Total$13,734,209

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 27.4354, -99.1530. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43543, -99.15300 · 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
10,750 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 10,750 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-479369838110,750 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 20262715106.413.05$2,391
Apr 2026367398.932.87$2,228
Mar 2026267389.753.15$2,299
Feb 2026163963.503.75$2,460
Jan 2026165159.138.00$5,266
Dec 2025170056.664.41$3,146
Nov 2025367358.593.93$2,818
Oct 2025174959.383.30$2,535
Sep 2025172662.743.08$2,297
Aug 2025178063.933.01$2,415
Jul 2025377366.743.32$2,763
Jun 2025076966.483.13$2,406
May 2025378860.553.23$2,729
Apr 2025274962.363.54$2,779
Mar 2025277167.704.27$3,426
Feb 2025171270.884.34$3,162
Jan 2025375974.324.28$3,470
Dec 2024284868.993.12$2,785
Nov 2024144669.052.20$1,050
Oct 2024257571.372.28$1,455
Sep 2024165369.612.36$1,614
Aug 2024283475.632.06$1,872
Jul 2024290579.932.15$2,103
Jun 2024262078.082.63$1,789
May 2024271878.812.20$1,736
Apr 2024278084.451.66$1,463
Mar 2024286980.301.55$1,503
Feb 2024480376.091.78$1,737
Jan 2024282373.023.30$2,860
Dec 2023385371.262.61$2,441
Nov 2023182577.892.81$2,394
Oct 2023287485.443.09$2,869
Sep 2023286389.042.74$2,538
Aug 2023292180.522.67$2,623
Jul 2023292874.852.64$2,601
Jun 2023294468.962.26$2,270
May 2023394870.622.23$2,323
Apr 2023396078.122.24$2,383
Mar 202331,00672.852.39$2,626
Feb 2023385775.112.47$2,338
Jan 2023494276.533.39$3,497
Dec 202231,06876.415.73$6,348
Nov 2022397185.005.65$5,737
Oct 202241,02487.185.86$6,353
Sep 2022197684.888.16$8,053
Aug 202231,02694.529.13$9,648
Jul 202231,043101.587.54$8,171
Jun 202231,141115.097.98$9,447
May 202221,138109.378.43$9,816
Apr 20223997104.226.84$7,130
Mar 202231,010108.885.08$5,454
Feb 2022392091.054.86$4,743
Jan 2022398681.844.54$4,720
Dec 202131,02571.323.90$4,211
Nov 202131,01277.435.24$5,532
Oct 202131,05879.795.71$6,285
Sep 2021397969.865.35$5,448
Aug 2021395666.024.22$4,233
Jul 202141,32870.783.98$5,571
Jun 202121,21169.493.38$4,233
May 2021392963.483.02$2,994
Apr 2021389960.362.76$2,661
Mar 2021496461.302.72$2,864
Feb 2021271357.805.55$4,071
Jan 202131,02250.412.81$3,023
Dec 202021,02344.642.68$2,826
Nov 2020399438.772.71$2,807
Oct 202021,01236.972.48$2,582
Sep 2020395137.091.99$2,005
Aug 2020198739.982.39$2,394
Jul 2020498238.371.83$1,946
Jun 2020395634.901.69$1,721
May 202001,08216.921.81$1,964
Apr 2020395314.751.80$1,764
Mar 202021,00430.341.86$1,924
Feb 2020399049.881.98$2,111
Jan 202031,11857.252.09$2,514
Dec 201921,03359.012.30$2,498
Nov 2019119955.302.75$603
Oct 2019135553.472.42$912
Sep 2019273455.052.66$2,061
Aug 201941,04453.112.30$2,618
Jul 201931,04056.272.46$2,727
Jun 201931,04952.782.49$2,772
May 201941,04258.482.74$3,089
Apr 201941,09762.632.75$3,268
Mar 201941,36456.803.06$4,404
Feb 201951,18750.852.79$3,569
Jan 201951,31546.033.23$4,475
Dec 201841,35846.594.19$5,870
Nov 201841,28052.934.24$5,635
Oct 201841,24561.443.40$4,476
Sep 201841,17759.543.11$3,896
Aug 201831,17959.403.07$3,794
Jul 201841,16465.142.93$3,673
Jun 201831,24660.183.08$4,014
May 201851,29665.382.90$4,086
Apr 201851,34163.842.90$4,209
Mar 201841,42861.222.79$4,224
Feb 201861,32161.782.77$4,025
Jan 201851,49762.874.01$6,316
Dec 201771,50557.272.92$4,798
Nov 201731,42755.423.12$4,616
Oct 201741,46549.292.98$4,568
Sep 201741,52547.523.09$4,898
Aug 201721,53545.373.00$4,702
Jul 201741,52043.873.09$4,868
Jun 201701,48742.493.09$4,591
May 201701,57645.373.26$5,143
Apr 201701,53947.933.21$4,943
Mar 201701,59746.772.98$4,765
Feb 201701,40950.452.95$4,160
Jan 201701,64949.413.42$5,638
Dec 201601,78948.763.72$6,660
Nov 201601,66642.492.64$4,405
Oct 201601,74546.193.09$5,393
Sep 201601,71641.553.10$5,321
Aug 201601,81041.442.92$5,293
Jul 201601,83641.622.92$5,369
Jun 201601,80745.352.69$4,853
May 201601,91642.521.99$3,815
Apr 201601,91736.561.99$3,817
Mar 201602,03133.011.79$3,644
Feb 201601,84026.472.06$3,797
Jan 201601,86027.352.36$4,398
Dec 201501,99532.362.00$3,993
Nov 201501,96138.792.17$4,250
Oct 201502,20543.552.43$5,351
Sep 201501,95142.992.76$5,382
Aug 201501,98640.162.87$5,705
Jul 201501,99948.152.95$5,887
Jun 201502,04756.152.88$5,901
May 201502,18255.212.96$6,449
Apr 201502,08849.822.71$5,651
Mar 201502,10342.892.93$6,172
Feb 201501,93744.662.98$5,765
Jan 201501,86143.433.10$5,770
Dec 201401,85354.693.59$6,655
Nov 201401,86270.464.25$7,917
Oct 201401,87378.303.90$7,307
Sep 201401,77886.164.05$7,193
Aug 201401,75589.394.04$7,082
Jul 201401,38896.564.18$5,801
Jun 201491,35298.164.74$7,288
May 2014891,76294.734.73$16,759
Apr 2014572,01695.944.81$15,164
Mar 2014622,33095.895.06$17,728
Feb 2014571,99797.406.19$17,917
Jan 20141382,29690.404.86$23,635
Dec 2013472,46591.824.35$15,049
Nov 201302,34288.853.74$8,755
Oct 201302,35097.423.78$8,882
Sep 201302,254104.113.72$8,380
Aug 201302,327104.253.52$8,197
Jul 201302,397102.523.72$8,911
Jun 201302,25594.403.93$8,870
May 201301,97594.834.15$8,194
Apr 201302,06193.964.28$8,826
Mar 201302,24093.623.91$8,765
Feb 201302,08391.233.42$7,124
Jan 201302,27891.603.42$7,791
Dec 201202,37386.773.42$8,116
Nov 201202,49386.953.62$9,037
Oct 201202,68989.383.40$9,142
Sep 201202,57194.672.92$7,503
Aug 201202,72992.662.91$7,936
Jul 201202,72485.133.02$8,229
Jun 201202,74679.822.52$6,917
May 201203,01791.612.49$7,507
Apr 201202,882101.652.00$5,755
Mar 201203,039105.052.22$6,753
Feb 201202,938101.102.57$7,551
Jan 201203,12298.092.73$8,536
Dec 201103,03596.873.24$9,833
Nov 201102,40195.723.31$7,950
Oct 201102,43784.983.65$8,891
Sep 201102,34783.623.99$9,355
Aug 201102,46683.404.15$10,232
Jul 201102,52794.144.52$11,415
Jun 201102,60292.904.64$12,073
May 201103,38198.134.40$14,893
Apr 201103,483105.964.33$15,093
Mar 201102,91396.364.06$11,819
Feb 201102,73085.644.18$11,411
Jan 201103,05486.504.59$14,014
Dec 201003,08485.734.35$13,408
Nov 201002,97480.843.80$11,287
Oct 201003,18078.103.51$11,158
Sep 201002,95372.633.98$11,751
Aug 201002,72573.684.42$12,043
Jul 201002,83572.554.74$13,428
Jun 201002,53670.364.91$12,453
May 201002,96971.124.24$12,574
Apr 201002,74081.694.12$11,296
Mar 201003,52778.394.39$15,479
Feb 201002,61373.585.44$14,221
Jan 201003,14374.365.96$18,745
Dec 200903,45671.445.48$18,952
Nov 200903,26974.593.75$12,264
Oct 200903,37072.544.11$13,852
Sep 200903,19765.543.06$9,798
Aug 200903,50867.423.22$11,291
Jul 200903,70261.133.46$12,826
Jun 200903,78866.163.90$14,754
May 200904,13754.743.93$16,241
Apr 200904,07046.773.59$14,601
Mar 200904,58242.144.06$18,598
Feb 200904,24632.814.63$19,672
Jan 200905,00835.865.37$26,898
Dec 200805,26737.105.98$31,482
Nov 200804,46855.496.86$30,652
Oct 200804,63075.246.92$32,049
Sep 200804,532101.767.88$35,699
Aug 200804,725114.228.48$40,082
Jul 200804,739131.0811.39$53,975
Jun 200804,662131.3313.03$60,758
May 200805,252123.1711.57$60,788
Apr 200805,039110.3110.45$52,682
Mar 200804,861101.909.66$46,977
Feb 200804,71392.538.77$41,336
Jan 200804,41090.388.21$36,187
Dec 200714,36488.337.30$31,954
Nov 2007184,82891.677.29$36,854
Oct 2007175,11082.856.92$36,780
Sep 2007125,02775.846.24$32,299
Aug 2007145,31469.066.39$34,912
Jul 2007155,26870.906.39$34,715
Jun 2007165,08962.007.55$39,406
May 2007205,23258.747.85$42,227
Apr 2007235,15959.617.81$41,638
Mar 2007265,15656.927.30$39,129
Feb 2007295,36355.108.22$45,660
Jan 2007385,56850.306.73$39,367
Dec 2006455,46056.656.92$40,324
Nov 20061305,26254.207.62$47,129
Oct 20061245,58054.906.01$40,365
Sep 20061205,66560.085.04$35,745
Aug 20061506,78568.717.34$60,108
Jul 20061917,75269.376.34$62,419
Jun 20062438,49366.286.38$70,324
May 2006925,50066.016.42$41,410
Apr 20061237,07064.397.36$59,959
Mar 20061497,54256.707.08$61,868
Feb 20061035,45157.597.75$48,183
Jan 20061347,18660.598.93$72,314
Dec 20051018,18954.9413.42$115,408
Nov 20051618,07454.6910.59$94,296
Oct 20051509,18058.3413.80$135,396
Sep 20051068,01361.4512.08$103,303
Aug 200517610,05661.519.80$109,343
Jul 200520412,34855.697.84$108,214
Jun 20055510,39152.337.38$79,575
May 2005436,54145.226.65$45,450
Apr 2005517,20749.207.36$55,556
Mar 200597,77350.377.15$56,068
Feb 2005566,84945.226.31$45,763
Jan 2005316,86243.166.32$44,721
Dec 2004667,13839.866.75$50,820
Nov 2004637,44845.286.33$50,002
Oct 2004547,35949.706.52$50,628
Sep 2004648,50343.245.28$47,696
Aug 2004557,87542.375.55$46,042
Jul 200429,01538.286.08$54,925
Jun 2004429,77636.106.43$64,405
May 20044111,15337.486.49$73,971
Apr 2004389,22834.475.86$55,372
Mar 2004489,66334.365.53$55,087
Feb 2004388,97932.455.51$50,704
Jan 20044810,12732.036.30$65,334
Dec 20035911,66030.266.30$75,262
Nov 20034912,46328.804.60$58,681
Oct 20034813,12728.174.76$63,832
Sep 20035013,61726.314.75$65,988
Aug 20034914,25529.765.13$74,582
Jul 20036615,53029.415.17$82,244
Jun 20036114,77928.565.98$90,164
May 20037216,66726.595.97$101,461
Apr 200325020,16326.675.41$115,694
Mar 200320514,11031.146.10$92,399
Feb 20031339,11933.487.93$76,729
Jan 200327121,21030.315.58$126,609
Dec 20027212,87026.914.85$64,405
Nov 20025812,05324.664.14$51,293
Oct 20029220,01926.464.23$87,097
Sep 20025513,28727.443.64$49,810
Aug 20027820,34125.963.16$66,387
Jul 20028119,90224.583.06$62,926
Jun 2002014,78723.733.34$49,363
May 2002021,86924.663.58$78,379
Apr 2002021,76523.653.51$76,446
Mar 2002020,79722.003.10$64,527
Feb 2002021,10418.222.38$50,136
Jan 2002022,69917.172.38$53,926
Dec 2001124,97716.932.36$59,073
Nov 20019923,12418.072.41$57,414
Oct 20018826,02419.782.53$67,552
Sep 20018726,84624.262.25$62,550
Aug 20015920,60624.873.05$64,381
Jul 20014527,41823.933.20$88,734
Jun 20014728,95124.563.82$111,868
May 200135327,21825.524.31$126,245
Apr 200139526,32224.685.34$150,185
Mar 200132927,55524.545.38$156,221
Feb 200124326,09627.755.77$157,241
Jan 200127531,10327.478.40$268,781
Dec 200015831,14826.889.12$288,395
Nov 200010129,95732.215.66$172,750
Oct 200012734,83631.235.15$183,215
Sep 200011333,33931.875.19$176,514
Aug 200012836,69829.644.54$170,430
Jul 200014940,04128.534.09$168,009
Jun 200016341,29529.304.40$186,360
May 200018840,24027.263.68$153,198
Apr 200020641,59724.513.12$134,665
Mar 200025044,20728.422.86$133,526
Feb 200027145,04127.622.73$130,289
Jan 200040651,94425.272.48$139,107
Dec 199951251,41624.282.42$137,049
Nov 199983943,11123.192.43$124,388
Oct 199978049,24520.982.80$154,433
Sep 1999052,09621.752.62$136,432
Aug 1999055,69519.262.88$160,157
Jul 1999063,06517.892.37$149,614
Jun 1999065,82915.942.36$155,495
May 19992475,19815.792.32$174,915
Apr 199944277,13315.102.21$176,988
Mar 199934887,96512.471.84$166,048
Feb 199935391,5289.981.82$169,902
Jan 199976086,64010.381.90$172,500
Dec 1998682108,3479.201.77$198,408
Nov 1998679118,62210.892.19$266,669
Oct 1998807148,16212.421.97$301,785
Sep 1998801196,28312.592.08$418,867
Aug 19981,127314,64111.301.91$612,866
Jul 19981,170100,40511.742.24$238,369

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             2 bbl  × $106.41 =       $213
Gas                  715 Mcf  × $  3.05 =     $2,178

────────────────────────────────────────────────────
Month total                                   $2,391

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/169481 is the state's own key, not one this site invented.