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 169796District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Aug 1998 – May 2026
Value, last 12 filed months
$82 k
at the published price for each month
Months reported
334
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 Gas111998-10-27139597
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
CondensateDisposition9,029 bbl$572,922
GasProduction2,282,459 Mcf$9,396,475
Total$9,969,398

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 27.4265, -99.1603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42651, -99.16027 · 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
10,894 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 10,894 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-479369978010,894 ftAug 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 (334)

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

334 months

May 202641,424106.413.05$4,763
Apr 202671,61898.932.87$5,336
Mar 202641,43789.753.15$4,885
Feb 202631,50463.503.75$5,831
Jan 202631,76659.138.00$14,302
Dec 202521,94656.664.41$8,702
Nov 202571,94058.593.93$8,027
Oct 202542,05459.383.30$7,026
Sep 202532,10662.743.08$6,668
Aug 202522,14563.933.01$6,595
Jul 202561,41166.743.32$5,078
Jun 202501,47666.483.13$4,618
May 202561,69260.553.23$5,832
Apr 202551,76062.363.54$6,548
Mar 202551,95967.704.27$8,700
Feb 202531,90170.884.34$8,465
Jan 202561,71874.324.28$7,797
Dec 202472,02668.993.12$6,807
Nov 202441,97069.052.20$4,607
Oct 202472,03371.372.28$5,138
Sep 202441,99569.612.36$4,995
Aug 202452,13475.632.06$4,782
Jul 202452,09579.932.15$4,897
Jun 202452,05378.082.63$5,798
May 202442,15078.812.20$5,042
Apr 202462,10184.451.66$3,993
Mar 202462,21880.301.55$3,909
Feb 202482,09576.091.78$4,345
Jan 202442,25473.023.30$7,725
Dec 202382,28071.262.61$6,523
Nov 202322,27777.892.81$6,549
Oct 202382,52185.443.09$8,467
Sep 202332,16789.042.74$6,194
Aug 202321,54880.522.67$4,299
Jul 202341,34874.852.64$3,861
Jun 202342,01768.962.26$4,831
May 2023112,21470.622.23$5,708
Apr 202372,20678.122.24$5,483
Mar 202381,98472.852.39$5,331
Feb 202341,86275.112.47$4,892
Jan 202351,46576.533.39$5,346
Dec 202281,89276.415.73$11,451
Nov 202272,01085.005.65$11,944
Oct 202282,25987.185.86$13,944
Sep 202222,07284.888.16$17,085
Aug 202251,98294.529.13$18,563
Jul 202282,052101.587.54$16,289
Jun 202262,092115.097.98$17,379
May 202262,161109.378.43$18,880
Apr 202282,270104.226.84$16,355
Mar 202272,412108.885.08$13,006
Feb 202262,21991.054.86$11,328
Jan 202262,41481.844.54$11,445
Dec 2021102,56671.323.90$10,718
Nov 202162,65277.435.24$14,353
Oct 2021102,92479.795.71$17,505
Sep 202132,15569.865.35$11,741
Aug 202151,76366.024.22$7,771
Jul 202152,08270.783.98$8,645
Jun 202121,46669.493.38$5,095
May 202161,69863.483.02$5,505
Apr 202172,28760.362.76$6,731
Mar 202171,67061.302.72$4,966
Feb 202151,83357.805.55$10,458
Jan 202152,28450.412.81$6,671
Dec 202041,96744.642.68$5,441
Nov 202061,97838.772.71$5,586
Oct 202062,40836.972.48$6,190
Sep 202032,43137.091.99$4,951
Aug 202032,59339.982.39$6,305
Jul 202092,69738.371.83$5,268
Jun 202072,70034.901.69$4,808
May 202002,14016.921.81$3,884
Apr 202072,09314.751.80$3,880
Mar 202042,23430.341.86$4,268
Feb 202042,20149.881.98$4,559
Jan 202062,17157.252.09$4,891
Dec 201962,20159.012.30$5,426
Nov 201962,11455.302.75$6,147
Oct 201962,09153.472.42$5,378
Sep 201972,05155.052.66$5,835
Aug 201982,19253.112.30$5,476
Jul 201952,07856.272.46$5,393
Jun 201951,93552.782.49$5,084
May 201992,17958.482.74$6,497
Apr 201992,26362.632.75$6,789
Mar 201982,34156.803.06$7,623
Feb 2019102,37950.852.79$7,151
Jan 2019112,54746.033.23$8,729
Dec 201892,95346.594.19$12,779
Nov 201872,12252.934.24$9,362
Oct 201872,20061.443.40$7,906
Sep 201882,36459.543.11$7,824
Aug 201842,47259.403.07$7,818
Jul 201862,25665.142.93$7,005
Jun 201862,63860.183.08$8,478
May 2018102,89165.382.90$9,040
Apr 2018132,78163.842.90$8,897
Mar 201862,57461.222.79$7,541
Feb 2018102,17261.782.77$6,626
Jan 201882,39762.874.01$10,113
Dec 2017112,53457.272.92$8,033
Nov 201742,55055.423.12$8,174
Oct 201792,93249.292.98$9,192
Sep 201792,68547.523.09$8,717
Aug 201782,97845.373.00$9,310
Jul 2017283,02743.873.09$10,574
Jun 20171022,93742.493.09$13,401
May 20171063,14345.373.26$15,066
Apr 2017743,02247.933.21$13,252
Mar 2017483,17146.772.98$11,706
Feb 2017582,91150.452.95$11,521
Jan 2017523,14849.413.42$13,332
Dec 2016432,94648.763.72$13,064
Nov 2016352,87242.492.64$9,082
Oct 2016473,02946.193.09$11,531
Sep 2016282,96441.553.10$10,354
Aug 2016343,07941.442.92$10,413
Jul 2016283,08841.622.92$10,196
Jun 2016513,14145.352.69$10,749
May 2016293,22442.521.99$7,652
Apr 2016573,13936.561.99$8,334
Mar 2016413,37733.011.79$7,412
Feb 2016372,91726.472.06$6,999
Jan 201672,77527.352.36$6,753
Dec 201503,32332.362.00$6,651
Nov 201503,33238.792.17$7,222
Oct 201503,64143.552.43$8,835
Sep 201503,05742.992.76$8,432
Aug 201503,30040.162.87$9,479
Jul 201503,13148.152.95$9,221
Jun 201503,07656.152.88$8,868
May 201503,41255.212.96$10,084
Apr 201503,50149.822.71$9,476
Mar 201503,16242.892.93$9,280
Feb 201502,75044.662.98$8,185
Jan 201503,14843.433.10$9,761
Dec 201403,12254.693.59$11,212
Nov 201402,70870.464.25$11,514
Oct 201402,62478.303.90$10,236
Sep 201403,00186.164.05$12,140
Aug 201403,73289.394.04$15,059
Jul 201403,89996.564.18$16,296
Jun 201493,82398.164.74$18,993
May 2014813,65094.734.73$24,925
Apr 2014443,18495.944.81$19,534
Mar 2014523,96795.895.06$25,047
Feb 2014493,63897.406.19$27,299
Jan 20141164,00190.404.86$29,934
Dec 2013444,46391.824.35$23,474
Nov 2013264,08388.853.74$17,574
Oct 2013233,25897.423.78$14,554
Sep 2013223,246104.113.72$14,358
Aug 2013254,363104.253.52$17,975
Jul 2013273,651102.523.72$16,342
Jun 2013173,66694.403.93$16,025
May 201303,35594.834.15$13,920
Apr 201303,44793.964.28$14,762
Mar 201304,29793.623.91$16,814
Feb 201303,99491.233.42$13,659
Jan 201304,07891.603.42$13,946
Dec 201204,20086.773.42$14,365
Nov 201204,22286.953.62$15,305
Oct 201204,45489.383.40$15,142
Sep 201204,17994.672.92$12,196
Aug 201204,27092.662.91$12,418
Jul 201203,61985.133.02$10,932
Jun 201204,10179.822.52$10,331
May 201204,89891.612.49$12,188
Apr 201204,019101.652.00$8,025
Mar 201203,996105.052.22$8,879
Feb 201203,729101.102.57$9,584
Jan 201204,47298.092.73$12,227
Dec 201104,26796.873.24$13,824
Nov 201104,62995.723.31$15,328
Oct 201104,80784.983.65$17,539
Sep 201104,89783.623.99$19,518
Aug 201145,00583.404.15$21,101
Jul 2011245,39494.144.52$26,625
Jun 201174,21392.904.64$20,198
May 201174,37998.134.40$19,976
Apr 2011104,911105.964.33$22,340
Mar 2011114,40496.364.06$18,928
Feb 201184,08585.644.18$17,760
Jan 201174,93486.504.59$23,247
Dec 2010145,29585.734.35$24,222
Nov 2010325,39380.843.80$23,055
Oct 2010235,07878.103.51$19,614
Sep 2010234,58072.633.98$19,896
Aug 2010244,73373.684.42$22,685
Jul 2010225,25372.554.74$26,477
Jun 2010164,88770.364.91$25,123
May 201005,61571.124.24$23,781
Apr 201005,42981.694.12$22,382
Mar 201006,31278.394.39$27,701
Feb 201005,58773.585.44$30,406
Jan 201005,67474.365.96$33,840
Dec 200904,91971.445.48$26,975
Nov 200903,34474.593.75$12,545
Oct 200903,07272.544.11$12,627
Sep 200903,68265.543.06$11,284
Aug 200903,84167.423.22$12,362
Jul 200903,74061.133.46$12,957
Jun 200903,39266.163.90$13,212
May 200906,78454.743.93$26,632
Apr 200905,91246.773.59$21,209
Mar 200906,68242.144.06$27,122
Feb 200906,15832.814.63$28,530
Jan 200906,84735.865.37$36,775
Dec 200807,07237.105.98$42,270
Nov 200825,69455.496.86$39,174
Oct 200826,87575.246.92$47,739
Sep 200836,931101.767.88$54,901
Aug 2008117,444114.228.48$64,404
Jul 2008457,360131.0811.39$89,725
Jun 2008247,234131.3313.03$97,430
May 2008706,096123.1711.57$79,179
Apr 2008555,192110.3110.45$60,349
Mar 2008786,594101.909.66$71,673
Feb 20081026,90292.538.77$69,973
Jan 20081217,34090.388.21$71,166
Dec 20071097,45088.337.30$64,028
Nov 200708,20591.677.29$59,828
Oct 200708,76582.856.92$60,671
Sep 200707,83075.846.24$48,892
Aug 200709,49569.066.39$60,653
Jul 200709,74570.906.39$62,250
Jun 200739,35062.007.55$70,764
May 2007257,77658.747.85$62,481
Apr 2007328,28759.617.81$66,589
Mar 2007368,64456.927.30$65,167
Feb 2007398,28355.108.22$70,202
Jan 2007539,20150.306.73$64,560
Dec 2006669,61556.656.92$70,260
Nov 20061819,25454.207.62$80,302
Oct 20061739,87654.906.01$68,890
Sep 20061629,69460.085.04$58,564
Aug 200617710,15568.717.34$86,699
Jul 200619910,29369.376.34$79,091
Jun 20062469,92766.286.38$79,678
May 20063729,79066.016.42$87,456
Apr 20063989,96264.397.36$98,952
Mar 200649510,80556.707.08$104,597
Feb 20064169,59857.597.75$98,353
Jan 200649811,65360.598.93$134,274
Dec 200535812,89454.9413.42$192,647
Nov 200536914,84854.6910.59$177,397
Oct 200533016,20458.3413.80$242,799
Sep 200520312,35061.4512.08$161,650
Aug 20052129,50561.519.80$106,159
Jul 200536315,57055.697.84$142,341
Jun 200565823,31652.337.38$206,529
May 200502,66145.226.65$17,699
Apr 200503,61949.207.36$26,638
Mar 200503,71050.377.15$26,545
Feb 200503,53445.226.31$22,306
Jan 200503,70843.166.32$23,443
Dec 200403,67839.866.75$24,830
Nov 200403,49245.286.33$22,106
Oct 200403,53749.706.52$23,044
Sep 200403,61343.245.28$19,091
Aug 200403,64642.375.55$20,238
Jul 200403,85638.286.08$23,461
Jun 200403,85736.106.43$24,812
May 200404,38837.486.49$28,498
Apr 200402,95434.475.86$17,306
Mar 200403,41134.365.53$18,863
Feb 200402,48732.455.51$13,702
Jan 200403,38032.036.30$21,293
Dec 2003114,27930.266.30$27,298
Nov 200384,20128.804.60$19,535
Oct 200373,65128.174.76$17,575
Sep 200353,01526.314.75$14,451
Aug 200374,35429.765.13$22,543
Jul 200304,68529.415.17$24,225
Jun 200304,76528.565.98$28,509
May 200305,02326.595.97$30,001
Apr 200305,05226.675.41$27,318
Mar 200305,35531.146.10$32,644
Feb 200305,29033.487.93$41,928
Jan 200303,99230.315.58$22,284
Dec 200206,27426.914.85$30,452
Nov 200206,58524.664.14$27,242
Oct 200206,65426.464.23$28,141
Sep 200205,46927.443.64$19,881
Aug 200205,99325.963.16$18,963
Jul 200207,00724.583.06$21,454
Jun 200205,69823.733.34$19,021
May 200207,96624.663.58$28,550
Apr 200205,99223.653.51$21,046
Mar 200207,50122.003.10$23,274
Feb 200207,68518.222.38$18,257
Jan 200202,66817.172.38$6,338
Dec 200106,72516.932.36$15,901
Nov 200107,31318.072.41$17,592
Oct 200108,01219.782.53$20,261
Sep 200107,84124.262.25$17,653
Aug 200108,15724.873.05$24,905
Jul 200108,58123.933.20$27,434
Jun 200106,88324.563.82$26,322
May 200108,50125.524.31$36,617
Apr 200108,73524.685.34$46,604
Mar 2001010,45524.545.38$56,211
Feb 200107,82127.755.77$45,104
Jan 200109,37927.478.40$78,772
Dec 2000010,88126.889.12$99,262
Nov 2000010,73032.215.66$60,710
Oct 2000011,51631.235.15$59,256
Sep 2000012,49431.875.19$64,800
Aug 2000012,53429.644.54$56,914
Jul 2000013,81828.534.09$56,512
Jun 2000015,02929.304.40$66,086
May 2000016,14427.263.68$59,406
Apr 2000017,13224.513.12$53,383
Mar 2000016,48628.422.86$47,146
Feb 2000015,09127.622.73$41,146
Jan 2000016,91425.272.48$41,955
Dec 1999014,42224.282.42$34,955
Nov 1999017,75223.192.43$43,208
Oct 1999018,77320.982.80$52,634
Sep 1999019,04921.752.62$49,886
Aug 1999023,70319.262.88$68,160
Jul 1999023,61117.892.37$56,014
Jun 1999028,40715.942.36$67,100
May 1999032,33415.792.32$75,048
Apr 1999033,36815.102.21$73,678
Mar 1999040,60112.471.84$74,638
Feb 1999039,0159.981.82$70,921
Jan 1999046,14710.381.90$87,677
Dec 1998054,9179.201.77$97,385
Nov 1998052,42010.892.19$114,575
Oct 1998074,34912.421.97$146,409
Sep 1998098,47712.592.08$205,090
Aug 19980160,32911.301.91$305,804

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             4 bbl  × $106.41 =       $426
Gas                1,424 Mcf  × $  3.05 =     $4,337

────────────────────────────────────────────────────
Month total                                   $4,763

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/169796 is the state's own key, not one this site invented.