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 169816District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
Aug 1998 – May 2026
Value, last 12 filed months
$139 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 Gas111999-01-29140002
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
CondensateDisposition3,828 bbl$168,493
GasProduction2,434,669 Mcf$9,564,629
Total$9,733,122

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 27.4070, -99.1616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40703, -99.16156 · 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
11,220 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 11,220 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-479369106811,220 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 202673,061106.413.05$10,068
Apr 2026133,02698.932.87$9,970
Mar 202683,12489.753.15$10,557
Feb 202662,74063.503.75$10,657
Jan 202663,35659.138.00$27,196
Dec 202533,50056.664.41$15,617
Nov 2025143,32858.593.93$13,887
Oct 202574,06659.383.30$13,853
Sep 202534,75562.743.08$14,819
Aug 202512,40263.933.01$7,305
Jul 2025381966.743.32$2,915
Jun 2025064766.483.13$2,024
May 2025259960.553.23$2,057
Apr 2025244062.363.54$1,684
Mar 2025166967.704.27$2,923
Feb 2025146270.884.34$2,076
Jan 2025258974.324.28$2,669
Dec 2024271668.993.12$2,373
Nov 2024166369.052.20$1,527
Oct 2024357371.372.28$1,521
Sep 2024179569.612.36$1,949
Aug 2024263275.632.06$1,455
Jul 2024266179.932.15$1,579
Jun 2024256278.082.63$1,636
May 202421,03578.812.20$2,433
Apr 2024358584.451.66$1,224
Mar 2024383680.301.55$1,533
Feb 2024473676.091.78$1,617
Jan 2024272173.023.30$2,524
Dec 202341,17271.262.61$3,345
Nov 202311,46077.892.81$4,177
Oct 2023142185.443.09$1,385
Sep 2023040889.042.74$1,116
Aug 2023041280.522.67$1,101
Jul 2023145474.852.64$1,274
Jun 2023043368.962.26$978
May 2023346770.622.23$1,252
Apr 2023146878.122.24$1,125
Mar 2023251872.852.39$1,385
Feb 2023148575.112.47$1,271
Jan 2023348676.533.39$1,876
Dec 202261,90276.415.73$11,355
Nov 2022149185.005.65$2,857
Oct 2022242687.185.86$2,672
Sep 2022039684.888.16$3,233
Aug 2022041794.529.13$3,806
Jul 20222429101.587.54$3,439
Jun 20221449115.097.98$3,697
May 20221482109.378.43$4,174
Apr 20221456104.226.84$3,222
Mar 20221472108.885.08$2,505
Feb 2022045091.054.86$2,186
Jan 2022048281.844.54$2,187
Dec 2021255271.323.90$2,295
Nov 2021053777.435.24$2,812
Oct 2021359379.795.71$3,628
Sep 2021062269.865.35$3,328
Aug 2021162566.024.22$2,704
Jul 2021164970.783.98$2,655
Jun 2021166369.493.38$2,311
May 2021274863.483.02$2,384
Apr 2021378460.362.76$2,344
Mar 2021490761.302.72$2,709
Feb 2021389057.805.55$5,111
Jan 2021399650.412.81$2,950
Dec 202031,03644.642.68$2,906
Nov 202051,17938.772.71$3,385
Oct 202061,23736.972.48$3,288
Sep 202062,83337.091.99$5,863
Aug 202033,16739.982.39$7,674
Jul 2020102,89638.371.83$5,669
Jun 202082,57934.901.69$4,639
May 202002,72116.921.81$4,938
Apr 202082,69514.751.80$4,981
Mar 202052,74030.341.86$5,238
Feb 202042,18649.881.98$4,529
Jan 202062,17557.252.09$4,900
Dec 201972,13859.012.30$5,340
Nov 201982,30655.302.75$6,786
Oct 201993,10353.472.42$7,986
Sep 2019112,89055.052.66$8,285
Aug 2019112,57853.112.30$6,525
Jul 201983,22956.272.46$8,394
Jun 2019103,58752.782.49$9,464
May 2019154,04658.482.74$11,965
Apr 2019153,93762.632.75$11,769
Mar 2019134,39156.803.06$14,184
Feb 2019184,72350.852.79$14,103
Jan 2019145,86346.033.23$19,571
Dec 2018395446.594.19$4,133
Nov 2018392652.934.24$4,082
Oct 201841,12461.443.40$4,065
Sep 201841,16059.543.11$3,843
Aug 201841,82259.403.07$5,825
Jul 201862,10565.142.93$6,562
Jun 201862,76360.183.08$8,863
May 201892,84065.382.90$8,827
Apr 2018132,83963.842.90$9,065
Mar 201862,78661.222.79$8,131
Feb 2018102,14361.782.77$6,546
Jan 2018102,86662.874.01$12,119
Dec 2017122,82157.272.92$8,929
Nov 201752,73855.423.12$8,815
Oct 201793,09749.292.98$9,684
Sep 2017103,26047.523.09$10,540
Aug 201793,41545.373.00$10,668
Jul 2017253,23943.873.09$11,096
Jun 2017813,01842.493.09$12,759
May 2017862,77745.373.26$12,964
Apr 2017532,91847.933.21$11,912
Mar 2017322,98546.772.98$10,403
Feb 2017402,74950.452.95$10,135
Jan 201703,21149.413.42$10,978
Dec 201603,18448.763.72$11,853
Nov 201603,22042.492.64$8,515
Oct 201603,39546.193.09$10,491
Sep 201603,04941.553.10$9,454
Aug 201603,36341.442.92$9,835
Jul 201603,35541.622.92$9,811
Jun 201603,43445.352.69$9,223
May 201603,56542.521.99$7,098
Apr 201603,51136.561.99$6,991
Mar 201603,43233.011.79$6,157
Feb 201603,27026.472.06$6,748
Jan 201603,53027.352.36$8,346
Dec 201503,99432.362.00$7,994
Nov 201503,97338.792.17$8,611
Oct 201503,96243.552.43$9,614
Sep 201503,55342.992.76$9,801
Aug 201503,13840.162.87$9,014
Jul 201503,12348.152.95$9,197
Jun 201502,75456.152.88$7,939
May 201504,25655.212.96$12,578
Apr 201503,82349.822.71$10,347
Mar 201503,97142.892.93$11,654
Feb 201503,83544.662.98$11,414
Jan 201503,83943.433.10$11,903
Dec 201404,24354.693.59$15,238
Nov 201404,02470.464.25$17,109
Oct 201404,34478.303.90$16,946
Sep 201404,22786.164.05$17,100
Aug 201404,08789.394.04$16,492
Jul 201404,60396.564.18$19,239
Jun 201403,91598.164.74$18,545
May 201402,70594.734.73$12,785
Apr 201404,27695.944.81$20,564
Mar 201404,53895.895.06$22,948
Feb 201404,10497.406.19$25,412
Jan 201404,09790.404.86$19,914
Dec 201304,20891.824.35$18,324
Nov 201304,28088.853.74$16,000
Oct 201304,65197.423.78$17,578
Sep 201304,812104.113.72$17,890
Aug 201305,605104.253.52$19,744
Jul 201304,772102.523.72$17,741
Jun 201334,43694.403.93$17,732
May 2013175,93394.834.15$26,229
Apr 2013165,36393.964.28$24,471
Mar 2013114,01693.623.91$16,744
Feb 2013113,02391.233.42$11,342
Jan 2013103,58791.603.42$13,183
Dec 2012244,25786.773.42$16,642
Nov 2012603,42386.953.62$17,625
Oct 20121104,12589.383.40$23,855
Sep 2012983,35194.672.92$19,057
Aug 20121044,25292.662.91$22,002
Jul 2012863,94485.133.02$19,235
Jun 2012924,32379.822.52$18,233
May 201203,54091.612.49$8,809
Apr 201202,920101.652.00$5,831
Mar 201204,452105.052.22$9,893
Feb 201205,058101.102.57$13,000
Jan 201205,21098.092.73$14,245
Dec 201105,17196.873.24$16,753
Nov 201105,38195.723.31$17,818
Oct 201105,71584.983.65$20,851
Sep 201105,53383.623.99$22,053
Aug 201105,86683.404.15$24,340
Jul 201105,92594.144.52$26,765
Jun 201106,03092.904.64$27,978
May 201106,11398.134.40$26,927
Apr 201106,471105.964.33$28,041
Mar 201106,62096.364.06$26,860
Feb 201105,22885.644.18$21,853
Jan 201106,31386.504.59$28,969
Dec 201006,47285.734.35$28,139
Nov 201007,20980.843.80$27,361
Oct 201009,56378.103.51$33,556
Sep 201003,95972.633.98$15,755
Aug 201006,26473.684.42$27,683
Jul 201007,84672.554.74$37,163
Jun 201002,56870.364.91$12,610
May 201003,67371.124.24$15,556
Apr 201004,31481.694.12$17,785
Mar 201005,69078.394.39$24,972
Feb 201004,88973.585.44$26,608
Jan 201004,39474.365.96$26,206
Dec 200906,00271.445.48$32,913
Nov 200905,15374.593.75$19,331
Oct 200902,87972.544.11$11,833
Sep 200903,05865.543.06$9,372
Aug 200904,90867.423.22$15,796
Jul 200904,55761.133.46$15,788
Jun 200902,90866.163.90$11,327
May 200904,24854.743.93$16,677
Apr 200905,07246.773.59$18,196
Mar 200905,57742.144.06$22,637
Feb 200904,79932.814.63$22,234
Jan 200904,80135.865.37$25,786
Dec 200805,69737.105.98$34,052
Nov 200805,80455.496.86$39,818
Oct 200806,72375.246.92$46,536
Sep 200804,633101.767.88$36,495
Aug 200804,854114.228.48$41,177
Jul 200805,496131.0811.39$62,596
Jun 200805,720131.3313.03$74,547
May 200805,592123.1711.57$64,723
Apr 200804,010110.3110.45$41,924
Mar 200805,309101.909.66$51,307
Feb 200806,09092.538.77$53,413
Jan 200806,35190.388.21$52,115
Dec 200706,14888.337.30$44,893
Nov 200706,15891.677.29$44,902
Oct 200705,44482.856.92$37,683
Sep 200706,81475.846.24$42,548
Aug 200705,23769.066.39$33,454
Jul 200705,60670.906.39$35,811
Jun 200706,92762.007.55$52,288
May 200707,43558.747.85$58,337
Apr 200706,35859.617.81$49,625
Mar 200705,79656.927.30$42,322
Feb 200705,50455.108.22$45,221
Jan 200776,88450.306.73$46,660
Dec 200665,43956.656.92$37,969
Nov 200663,60454.207.62$27,779
Oct 200674,96754.906.01$30,255
Sep 200696,50860.085.04$33,323
Aug 200696,65068.717.34$49,429
Jul 200663,92469.376.34$25,305
Jun 200684,83166.286.38$31,371
May 200608,11466.016.42$52,132
Apr 200605,17664.397.36$38,098
Mar 200608,97756.707.08$63,583
Feb 200604,96457.597.75$38,477
Jan 200666,24760.598.93$56,170
Dec 20051785,72254.9413.42$86,542
Nov 20051748,46654.6910.59$99,157
Oct 2005965,37458.3413.80$79,739
Sep 20051349,59761.4512.08$124,156
Aug 2005854,77261.519.80$51,979
Jul 200507,53655.697.84$59,110
Jun 200505,73952.337.38$42,360
May 200506,41145.226.65$42,641
Apr 200505,66749.207.36$41,712
Mar 200507,90250.377.15$56,538
Feb 200517,21145.226.31$45,560
Jan 200575,80543.166.32$37,002
Dec 2004177,15539.866.75$48,982
Nov 2004104,58945.286.33$29,503
Oct 2004115,87749.706.52$38,836
Sep 2004167,83243.245.28$42,075
Aug 2004137,19142.375.55$40,466
Jul 200408,26438.286.08$50,280
Jun 200406,33836.106.43$40,772
May 200407,83337.486.49$50,872
Apr 200405,09634.475.86$29,855
Mar 200408,75234.365.53$48,400
Feb 200408,12432.455.51$44,760
Jan 200406,52732.036.30$41,118
Dec 2003013,98830.266.30$88,147
Nov 200306,26928.804.60$28,807
Oct 2003010,11428.174.76$48,139
Sep 200306,77426.314.75$32,172
Aug 200307,29729.765.13$37,432
Jul 200308,46529.415.17$43,771
Jun 2003010,01428.565.98$59,913
May 200304,45826.595.97$26,626
Apr 200327,94826.675.41$43,030
Mar 200329,55431.146.10$58,304
Feb 2003313,21333.487.93$104,825
Jan 200328,94330.315.58$49,981
Dec 2002347,20126.914.85$35,867
Nov 2002369,00224.664.14$38,129
Oct 20024812,53226.464.23$54,269
Sep 20023911,44327.443.64$42,668
Aug 20023310,28925.963.16$33,413
Jul 2002013,89624.583.06$42,546
Jun 200209,84423.733.34$32,862
May 2002010,02424.663.58$35,926
Apr 2002012,62723.653.51$44,350
Mar 2002013,12622.003.10$40,726
Feb 2002013,35618.222.38$31,730
Jan 2002011,19817.172.38$26,603
Dec 2001014,21816.932.36$33,617
Nov 2001011,22618.072.41$27,004
Oct 2001012,05519.782.53$30,486
Sep 2001012,02724.262.25$27,077
Aug 2001012,70024.873.05$38,775
Jul 2001012,54423.933.20$40,104
Jun 2001011,67224.563.82$44,636
May 2001016,14925.524.31$69,559
Apr 2001017,40524.685.34$92,861
Mar 2001015,54524.545.38$83,577
Feb 2001016,56327.755.77$95,520
Jan 2001017,52427.478.40$147,180
Dec 2000020,09526.889.12$183,317
Nov 2000015,50832.215.66$87,744
Oct 2000018,06531.235.15$92,953
Sep 2000018,37731.875.19$95,312
Aug 2000019,10529.644.54$86,751
Jul 2000019,03828.534.09$77,861
Jun 2000021,72129.304.40$95,513
May 2000022,09927.263.68$81,319
Apr 2000024,04224.513.12$74,915
Mar 2000026,11128.422.86$74,671
Feb 2000016,36527.622.73$44,619
Jan 2000019,80125.272.48$49,116
Dec 1999019,37524.282.42$46,960
Nov 1999022,40723.192.43$54,538
Oct 1999127,16720.982.80$76,189
Sep 19992718,34721.752.62$48,635
Aug 19994027,14619.262.88$78,831
Jul 19994324,70417.892.37$59,376
Jun 19994728,70415.942.36$68,551
May 19995634,89915.792.32$81,886
Apr 19995631,46615.102.21$70,324
Mar 19995244,63212.471.84$82,697
Feb 19994841,0569.981.82$75,110
Jan 199913539,01210.381.90$75,522
Dec 199815847,9619.201.77$86,504
Nov 199815856,96110.892.19$126,221
Oct 199818774,24212.421.97$148,521
Sep 1998184105,75612.592.08$222,566
Aug 1998185137,64011.301.91$264,618

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                3,061 Mcf  × $  3.05 =     $9,323

────────────────────────────────────────────────────
Month total                                  $10,068

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/169816 is the state's own key, not one this site invented.