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 169482District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.8 M
Jul 1998 – May 2026
Value, last 12 filed months
$140 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 Gas111998-10-19139616
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
CondensateDisposition17,770 bbl$563,850
GasProduction7,341,787 Mcf$25,219,042
Total$25,782,893

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 27.3832, -99.1557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38322, -99.15573 · 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
11,500 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 11,500 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-479369127011,500 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 202672,587106.413.05$8,624
Apr 2026122,79798.932.87$9,214
Mar 202672,84289.753.15$9,579
Feb 202652,48563.503.75$9,637
Jan 202653,14459.138.00$25,441
Dec 202533,12656.664.41$13,966
Nov 2025103,12858.593.93$12,868
Oct 202553,11159.383.30$10,578
Sep 202553,04962.743.08$9,695
Aug 202553,10363.933.01$9,674
Jul 2025133,06866.743.32$11,039
Jun 202503,16566.483.13$9,902
May 2025113,30860.553.23$11,359
Apr 202583,05362.363.54$11,316
Mar 202583,03467.704.27$13,492
Feb 202552,73970.884.34$12,244
Jan 2025113,12974.324.28$14,206
Dec 2024113,20568.993.12$10,763
Nov 202463,05269.052.20$7,124
Oct 2024113,46971.372.28$8,699
Sep 202462,78269.612.36$6,995
Aug 202483,31375.632.06$7,442
Jul 202483,39479.932.15$7,925
Jun 202483,15678.082.63$8,937
May 202463,36578.812.20$7,871
Apr 202492,83884.451.66$5,469
Mar 202493,26580.301.55$5,768
Feb 2024123,29876.091.78$6,796
Jan 202463,24373.023.30$11,132
Dec 2023123,59471.262.61$10,238
Nov 202333,98077.892.81$11,408
Oct 2023133,85485.443.09$13,009
Sep 202363,60789.042.74$10,400
Aug 202363,75180.522.67$10,509
Jul 2023103,81574.852.64$10,827
Jun 202364,18868.962.26$9,872
May 2023174,53270.622.23$11,295
Apr 2023133,90478.122.24$9,752
Mar 2023174,06972.852.39$10,976
Feb 2023104,35775.112.47$11,494
Jan 2023123,34976.533.39$12,264
Dec 2022184,40676.415.73$26,618
Nov 2022144,50085.005.65$26,598
Oct 2022164,98487.185.86$30,620
Sep 202235,04884.888.16$41,465
Aug 202231,20394.529.13$11,264
Jul 2022163,460101.587.54$27,721
Jun 2022124,685115.097.98$38,754
May 2022125,400109.378.43$46,851
Apr 2022165,433104.226.84$38,816
Mar 2022134,380108.885.08$23,650
Feb 2022124,06491.054.86$20,839
Jan 2022125,10381.844.54$24,138
Dec 2021174,99871.323.90$20,700
Nov 2021114,97477.435.24$26,900
Oct 2021205,02579.795.71$30,308
Sep 202194,09269.865.35$22,525
Aug 2021135,00566.024.22$21,982
Jul 2021135,08970.783.98$21,185
Jun 202165,14769.493.38$17,817
May 2021165,25563.483.02$16,874
Apr 2021144,07360.362.76$12,080
Mar 2021174,29961.302.72$12,722
Feb 2021124,13457.805.55$23,629
Jan 2021104,32950.412.81$12,670
Dec 202084,43144.642.68$12,212
Nov 2020144,30438.772.71$12,192
Oct 2020134,42736.972.48$11,453
Sep 202064,18837.091.99$8,561
Aug 202053,62139.982.39$8,836
Jul 2020185,02238.371.83$9,856
Jun 2020154,85834.901.69$8,735
May 202004,86816.921.81$8,834
Apr 2020165,02814.751.80$9,308
Mar 2020104,90130.341.86$9,401
Feb 2020114,55149.881.98$9,563
Jan 2020155,06157.252.09$11,460
Dec 2019144,59259.012.30$11,408
Nov 2019144,33655.302.75$12,701
Oct 2019154,88253.472.42$12,609
Sep 2019184,89155.052.66$13,988
Aug 2019204,99353.112.30$12,568
Jul 2019135,36756.272.46$13,935
Jun 2019145,44952.782.49$14,313
May 2019215,69458.482.74$16,831
Apr 2019205,42562.632.75$16,175
Mar 2019165,39656.803.06$17,432
Feb 2019204,97950.852.79$14,919
Jan 2019204,70346.033.23$16,103
Dec 2018175,37946.594.19$23,306
Nov 2018165,10252.934.24$22,465
Oct 2018155,32861.443.40$19,027
Sep 2018154,63259.543.11$15,289
Aug 201894,95559.403.07$15,729
Jul 2018134,79465.142.93$14,902
Jun 2018114,45060.183.08$14,354
May 2018174,91965.382.90$15,381
Apr 2018234,70463.842.90$15,114
Mar 2018105,02361.222.79$14,611
Feb 2018184,34861.782.77$13,139
Jan 2018174,91262.874.01$20,763
Dec 2017204,64457.272.92$14,713
Nov 201784,57455.423.12$14,707
Oct 2017154,76249.292.98$14,948
Sep 2017134,78947.523.09$15,403
Aug 201784,99845.373.00$15,379
Jul 201794,28843.873.09$13,633
Jun 201704,57842.493.09$14,134
May 201704,66245.373.26$15,214
Apr 201704,07547.933.21$13,087
Mar 201704,38646.772.98$13,086
Feb 201704,06450.452.95$11,999
Jan 201704,79349.413.42$16,386
Dec 201604,57548.763.72$17,032
Nov 201604,69842.492.64$12,423
Oct 201605,30746.193.09$16,400
Sep 201604,40441.553.10$13,655
Aug 201604,92441.442.92$14,399
Jul 201604,94641.622.92$14,464
Jun 201604,32345.352.69$11,611
May 201604,76842.521.99$9,493
Apr 201604,81236.561.99$9,581
Mar 201604,54533.011.79$8,154
Feb 201604,68826.472.06$9,674
Jan 201605,35527.352.36$12,661
Dec 201506,15432.362.00$12,317
Nov 201505,50638.792.17$11,933
Oct 201506,20143.552.43$15,047
Sep 201506,25142.992.76$17,243
Aug 201506,54440.162.87$18,798
Jul 201596,04048.152.95$18,222
Jun 2015674,17356.152.88$15,792
May 2015945,17255.212.96$20,475
Apr 2015604,47649.822.71$15,104
Mar 2015866,20142.892.93$21,887
Feb 2015625,43044.662.98$18,930
Jan 201506,97343.433.10$21,621
Dec 201406,82454.693.59$24,507
Nov 201404,98270.464.25$21,183
Oct 201404,61678.303.90$18,007
Sep 201406,17786.164.05$24,989
Aug 201405,19389.394.04$20,954
Jul 201406,95296.564.18$29,057
Jun 201406,86598.164.74$32,519
May 201406,40194.734.73$30,255
Apr 201406,88795.944.81$33,120
Mar 201406,59995.895.06$33,370
Feb 201407,89897.406.19$48,904
Jan 2014123,96890.404.86$116,592
Dec 201383,46191.824.35$15,805
Nov 201373,14688.853.74$12,383
Oct 2013137,26197.423.78$28,708
Sep 201341,530104.113.72$6,105
Aug 201384,198104.253.52$15,622
Jul 2013124,441102.523.72$17,741
Jun 2013143,52894.403.93$15,199
May 2013204,81094.834.15$21,854
Apr 2013215,05493.964.28$23,617
Mar 2013225,94493.623.91$25,318
Feb 2013193,65891.233.42$14,243
Jan 2013164,83191.603.42$17,987
Dec 201205,66786.773.42$19,382
Nov 201203,18786.953.62$11,553
Oct 201205,22189.383.40$17,750
Sep 201204,23094.672.92$12,345
Aug 201205,34392.662.91$15,538
Jul 201205,85985.133.02$17,699
Jun 201205,50079.822.52$13,855
May 201205,53391.612.49$13,768
Apr 201205,172101.652.00$10,327
Mar 201205,822105.052.22$12,937
Feb 201205,167101.102.57$13,280
Jan 201207,71898.092.73$21,102
Dec 201107,40996.873.24$24,003
Nov 201106,47595.723.31$21,441
Oct 201108,45084.983.65$30,830
Sep 201102,42783.623.99$9,674
Aug 201102,98683.404.15$12,390
Jul 201103,14694.144.52$14,211
Jun 201103,24992.904.64$15,075
May 201103,54298.134.40$15,602
Apr 201104,956105.964.33$21,476
Mar 201104,08496.364.06$16,570
Feb 201105,56985.644.18$23,278
Jan 201104,20286.504.59$19,282
Dec 201006,94985.734.35$30,213
Nov 201006,64980.843.80$25,235
Oct 201007,53178.103.51$26,425
Sep 201006,81372.633.98$27,112
Aug 201008,70773.684.42$38,479
Jul 201008,33372.554.74$39,469
Jun 201007,24370.364.91$35,566
May 201006,01871.124.24$25,488
Apr 201007,61981.694.12$31,411
Mar 201008,70678.394.39$38,208
Feb 201009,82173.585.44$53,449
Jan 201008,72274.365.96$52,019
Dec 200908,74971.445.48$47,977
Nov 200909,51574.593.75$35,696
Oct 200906,03372.544.11$24,797
Sep 200907,96365.543.06$24,405
Aug 200903,03967.423.22$9,781
Jul 200907,07361.133.46$24,504
Jun 2009169,61466.163.90$38,505
May 200910210,21554.743.93$45,685
Apr 200913112,50646.773.59$50,992
Mar 2009868,76642.144.06$39,205
Feb 2009549,77732.814.63$47,069
Jan 2009869,93735.865.37$56,456
Dec 20088810,45837.105.98$65,774
Nov 2008988,20955.496.86$61,755
Oct 2008959,60975.246.92$73,661
Sep 20081128,212101.767.88$76,084
Aug 2008819,313114.228.48$88,254
Jul 200809,649131.0811.39$109,897
Jun 200808,190131.3313.03$106,737
May 200809,217123.1711.57$106,680
Apr 2008010,105110.3110.45$105,646
Mar 2008010,911101.909.66$105,445
Feb 2008010,84392.538.77$95,099
Jan 2008012,18590.388.21$99,987
Dec 2007513,78888.337.30$101,121
Nov 20071609,11191.677.29$81,102
Oct 200719514,44982.856.92$116,171
Sep 200711611,77275.846.24$82,304
Aug 200714413,73969.066.39$97,709
Jul 200714112,47770.906.39$89,699
Jun 200715813,84162.007.55$114,274
May 20074316,41858.747.85$131,346
Apr 20075116,32359.617.81$130,444
Mar 20075316,30156.927.30$122,046
Feb 2007276,55255.108.22$55,319
Jan 20076914,48650.306.73$100,916
Dec 20069317,96656.656.92$129,565
Nov 200675,80454.207.62$44,591
Oct 2006109,74754.906.01$59,166
Sep 200687,79960.085.04$39,766
Aug 20061413,29468.717.34$98,539
Jul 20061714,77469.376.34$94,887
Jun 20061713,20566.286.38$85,426
May 2006112,28266.016.42$78,978
Apr 2006215,04164.397.36$110,838
Mar 2006215,93756.707.08$112,994
Feb 2006214,40957.597.75$111,801
Jan 2006216,28560.598.93$145,600
Dec 2005121,12854.9413.42$283,496
Nov 200506,68254.6910.59$70,752
Oct 200506,46558.3413.80$89,190
Sep 200505,44161.4512.08$65,722
Aug 2005010,60261.519.80$103,866
Jul 2005210,51955.697.84$82,619
Jun 20054415,51052.337.38$116,782
May 20055215,66545.226.65$106,542
Apr 20056618,46749.207.36$139,173
Mar 20051320,08850.377.15$144,382
Feb 20058319,62145.226.31$127,599
Jan 20056017,79643.166.32$115,099
Dec 200410815,67639.866.75$110,135
Nov 200412419,80745.286.33$131,001
Oct 20049417,24349.706.52$117,012
Sep 200410919,45243.245.28$107,496
Aug 20048715,54242.375.55$89,955
Jul 200412819,19238.286.08$121,667
Jun 200412620,90336.106.43$139,018
May 200411522,15237.486.49$148,178
Apr 200413022,64734.475.86$137,158
Mar 200416123,14334.365.53$133,516
Feb 200412220,39232.455.51$116,311
Jan 200414421,70532.036.30$141,346
Dec 2003024,78630.266.30$156,192
Nov 2003024,73928.804.60$113,680
Oct 2003026,16528.174.76$124,536
Sep 2003019,79726.314.75$94,023
Aug 2003015,28329.765.13$78,398
Jul 2003224,83229.415.17$128,461
Jun 200311126,06928.565.98$159,140
May 200311927,22126.595.97$165,747
Apr 200311927,05726.675.41$149,479
Mar 200314127,24531.146.10$170,477
Feb 200313827,92033.487.93$225,911
Jan 200312928,45130.315.58$162,725
Dec 200214631,04226.914.85$154,599
Nov 2002032,99524.664.14$136,499
Oct 2002135,18326.464.23$148,820
Sep 200213536,51927.443.64$136,458
Aug 200214341,91225.963.16$136,329
Jul 20027119,09124.583.06$60,197
Jun 200215925,87023.733.34$90,133
May 200216522,00524.663.58$82,935
Apr 200219427,43123.653.51$100,935
Mar 200218416,20222.003.10$54,318
Feb 2002028,15518.222.38$66,887
Jan 2002534,43717.172.38$81,897
Dec 200145032,15116.932.36$83,636
Nov 200145930,33718.072.41$81,270
Oct 200140825,15219.782.53$71,677
Sep 200148731,53024.262.25$82,799
Aug 200132122,73624.873.05$77,400
Jul 200117121,50723.933.20$72,852
Jun 200119227,15324.563.82$108,553
May 200115433,02625.524.31$146,184
Apr 200119836,66424.685.34$200,501
Mar 200118843,86924.545.38$240,473
Feb 200112236,81527.755.77$215,701
Jan 2001042,22927.478.40$354,671
Dec 2000032,72726.889.12$298,552
Nov 2000040,52032.215.66$229,262
Oct 2000051,88331.235.15$266,964
Sep 2000046,35931.875.19$240,441
Aug 2000052,50629.644.54$238,417
Jul 2000052,28628.534.09$213,837
Jun 2000053,11029.304.40$233,538
May 2000067,36227.263.68$247,875
Apr 2000069,71424.513.12$217,229
Mar 2000064,85728.422.86$185,475
Feb 2000052,18127.622.73$142,272
Jan 2000074,49825.272.48$184,792
Dec 19992062,97724.282.42$153,124
Nov 199951672,40023.192.43$188,187
Oct 199948982,06420.982.80$240,343
Sep 199937584,08321.752.62$228,357
Aug 199941192,10219.262.88$272,764
Jul 1999534103,23417.892.37$254,463
Jun 1999532109,96015.942.36$268,217
May 1999615129,45715.792.32$310,183
Apr 1999206131,98715.102.21$294,545
Mar 1999171158,24912.471.84$293,046
Feb 1999173167,4159.981.82$306,052
Jan 1999319211,85510.381.90$405,825
Dec 1998374245,2149.201.77$438,284
Nov 1998373274,40210.892.19$603,828
Oct 1998442337,35912.421.97$669,820
Sep 1998440396,23512.592.08$830,747
Aug 1998616531,59711.301.91$1,020,902
Jul 1998214557,71711.742.24$1,250,276

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             7 bbl  × $106.41 =       $745
Gas                2,587 Mcf  × $  3.05 =     $7,880

────────────────────────────────────────────────────
Month total                                   $8,624

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/169482 is the state's own key, not one this site invented.