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 169838District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Aug 1998 – May 2026
Value, last 12 filed months
$58 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 Gas111998-12-07139739
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
CondensateDisposition2,968 bbl$156,425
GasProduction1,184,596 Mcf$4,918,729
Total$5,075,154

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 27.4158, -99.1495. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41585, -99.14954 · 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
11,200 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 11,200 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-479369987811,200 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 202631,263106.413.05$4,166
Apr 202661,22798.932.87$4,115
Mar 202631,30989.753.15$4,392
Feb 202621,13363.503.75$4,376
Jan 202621,24459.138.00$10,068
Dec 202511,24156.664.41$5,534
Nov 202541,20058.593.93$4,946
Oct 202521,22559.383.30$4,167
Sep 202521,20762.743.08$3,839
Aug 202521,20963.933.01$3,773
Jul 202551,25966.743.32$4,508
Jun 202501,19266.483.13$3,729
May 202551,38260.553.23$4,770
Apr 202531,24962.363.54$4,612
Mar 202531,27767.704.27$5,654
Feb 202521,13570.884.34$5,069
Jan 202541,26174.324.28$5,693
Dec 202451,22668.993.12$4,172
Nov 202421,21769.052.20$2,814
Oct 202441,22771.372.28$3,085
Sep 202421,19669.612.36$2,967
Aug 202431,28975.632.06$2,887
Jul 202431,28479.932.15$2,996
Jun 202431,32778.082.63$3,730
May 202421,35278.812.20$3,130
Apr 202441,31784.451.66$2,523
Mar 202431,40980.301.55$2,418
Feb 202451,32676.091.78$2,746
Jan 202421,46873.023.30$4,987
Dec 202341,47971.262.61$4,146
Nov 202311,42977.892.81$4,090
Oct 202351,30885.443.09$4,465
Sep 202321,25689.042.74$3,613
Aug 202321,39880.522.67$3,898
Jul 202331,37774.852.64$3,862
Jun 202321,42068.962.26$3,345
May 202361,27670.622.23$3,266
Apr 202341,06278.122.24$2,689
Mar 202351,30372.852.39$3,483
Feb 202331,24075.112.47$3,283
Jan 202341,40276.533.39$5,056
Dec 202261,18576.415.73$7,247
Nov 202241,26285.005.65$7,466
Oct 202261,51687.185.86$9,413
Sep 202211,48284.888.16$12,183
Aug 202231,78194.529.13$16,539
Jul 202272,488101.587.54$19,476
Jun 202231,596115.097.98$13,077
May 202231,255109.378.43$10,912
Apr 20223997104.226.84$7,130
Mar 202241,183108.885.08$6,441
Feb 2022271791.054.86$3,666
Jan 202231,09281.844.54$5,201
Dec 202141,01671.323.90$4,247
Nov 202131,09077.435.24$5,940
Oct 2021292079.795.71$5,416
Sep 202131,18869.865.35$6,566
Aug 2021494066.024.22$4,231
Jul 202131,11970.783.98$4,668
Jun 202121,01169.493.38$3,557
May 202131,20663.483.02$3,830
Apr 202141,10360.362.76$3,284
Mar 202141,09561.302.72$3,220
Feb 202121,03357.805.55$5,847
Jan 202141,39650.412.81$4,125
Dec 202031,47944.642.68$4,091
Nov 202051,57938.772.71$4,468
Oct 202041,38736.972.48$3,585
Sep 202031,38337.091.99$2,865
Aug 202011,16839.982.39$2,826
Jul 202051,37838.371.83$2,707
Jun 202051,76134.901.69$3,151
May 202001,02316.921.81$1,856
Apr 202041,65114.751.80$3,038
Mar 202031,92230.341.86$3,659
Feb 202041,78949.881.98$3,743
Jan 202062,02457.252.09$4,583
Dec 201961,72259.012.30$4,322
Nov 201951,56955.302.75$4,592
Oct 201931,05853.472.42$2,719
Sep 2019485755.052.66$2,497
Aug 201961,23453.112.30$3,162
Jul 201952,20256.272.46$5,698
Jun 201941,72352.782.49$4,503
May 201961,67358.482.74$4,935
Apr 201951,10662.632.75$3,355
Mar 201961,41056.803.06$4,658
Feb 201982,09350.852.79$6,251
Jan 201982,44046.033.23$8,245
Dec 201851,40746.594.19$6,122
Nov 201861,80452.934.24$7,962
Oct 201862,33261.443.40$8,293
Sep 201841,24159.543.11$4,095
Aug 201831,11359.403.07$3,591
Jul 201851,77265.142.93$5,521
Jun 201842,20660.183.08$7,028
May 201861,99665.382.90$6,182
Apr 201861,42263.842.90$4,508
Mar 201821,28061.222.79$3,690
Feb 201851,13561.782.77$3,448
Jan 201851,56362.874.01$6,581
Dec 2017595057.272.92$3,062
Nov 201721,16155.423.12$3,731
Oct 201751,47749.292.98$4,653
Sep 201762,07347.523.09$6,685
Aug 201732,20345.373.00$6,755
Jul 201723,40543.873.09$10,600
Jun 201701,91342.493.09$5,906
May 2017061245.373.26$1,997
Apr 2017059347.933.21$1,904
Mar 2017064546.772.98$1,924
Feb 2017061150.452.95$1,804
Jan 2017072049.413.42$2,462
Dec 201601,02948.763.72$3,831
Nov 2016097542.492.64$2,578
Oct 2016086446.193.09$2,670
Sep 2016078841.553.10$2,443
Aug 201601,52641.442.92$4,463
Jul 201601,14441.622.92$3,345
Jun 201601,57745.352.69$4,236
May 2016080042.521.99$1,593
Apr 2016074936.561.99$1,491
Mar 2016087333.011.79$1,566
Feb 2016086326.472.06$1,781
Jan 201601,51627.352.36$3,584
Dec 201501,27232.362.00$2,546
Nov 201501,06038.792.17$2,297
Oct 2015099443.552.43$2,412
Sep 2015097442.992.76$2,687
Aug 201501,00640.162.87$2,890
Jul 201501,03048.152.95$3,033
Jun 201501,11256.152.88$3,206
May 201501,12355.212.96$3,319
Apr 201501,38249.822.71$3,740
Mar 201501,96242.892.93$5,758
Feb 201502,02044.662.98$6,012
Jan 201501,90043.433.10$5,891
Dec 201401,62554.693.59$5,836
Nov 201401,39670.464.25$5,936
Oct 201401,73778.303.90$6,776
Sep 201401,95386.164.05$7,901
Aug 201402,32189.394.04$9,366
Jul 201402,22296.564.18$9,287
Jun 201401,63798.164.74$7,754
May 201401,90094.734.73$8,980
Apr 201402,17195.944.81$10,441
Mar 201402,44395.895.06$12,354
Feb 201402,86997.406.19$17,765
Jan 201402,07490.404.86$10,081
Dec 201302,97291.824.35$12,942
Nov 201302,82488.853.74$10,557
Oct 201302,52197.423.78$9,528
Sep 201302,228104.113.72$8,283
Aug 201302,189104.253.52$7,711
Jul 201302,272102.523.72$8,447
Jun 201342,28894.403.93$9,377
May 2013242,45194.834.15$12,445
Apr 2013232,21893.964.28$11,660
Mar 2013232,39793.623.91$11,532
Feb 2013292,33491.233.42$10,628
Jan 2013262,70791.603.42$11,639
Dec 2012332,55686.773.42$11,605
Nov 2012232,13986.953.62$9,754
Oct 2012392,29689.383.40$11,291
Sep 2012392,15094.672.92$9,967
Aug 2012342,17992.662.91$9,487
Jul 2012302,19185.133.02$9,172
Jun 2012302,18279.822.52$7,891
May 201202,33091.612.49$5,798
Apr 201202,226101.652.00$4,445
Mar 201202,320105.052.22$5,155
Feb 201202,223101.102.57$5,714
Jan 201202,27998.092.73$6,231
Dec 2011162,37596.873.24$9,244
Nov 2011642,27395.723.31$13,653
Oct 2011592,31484.983.65$13,457
Sep 2011382,56783.623.99$13,409
Aug 2011472,65283.404.15$14,924
Jul 2011412,59994.144.52$15,600
Jun 2011172,55792.904.64$13,443
May 2011202,71798.134.40$13,931
Apr 2011272,746105.964.33$14,760
Mar 2011292,29296.364.06$12,094
Feb 2011201,91285.644.18$9,705
Jan 2011261,72286.504.59$10,151
Dec 201002,95285.734.35$12,835
Nov 201003,16180.843.80$11,997
Oct 201003,00278.103.51$10,534
Sep 201002,65572.633.98$10,565
Aug 201002,25673.684.42$9,970
Jul 201002,73272.554.74$12,940
Jun 201002,66970.364.91$13,106
May 201003,19171.124.24$13,515
Apr 201003,05681.694.12$12,599
Mar 201003,01778.394.39$13,241
Feb 201002,51373.585.44$13,677
Jan 201002,82074.365.96$16,819
Dec 200983,04071.445.48$17,242
Nov 2009383,71174.593.75$16,756
Oct 2009313,20772.544.11$15,430
Sep 2009272,77265.543.06$10,265
Aug 2009253,02467.423.22$11,418
Jul 2009293,13661.133.46$12,637
Jun 2009192,38066.163.90$10,527
May 200901,78754.743.93$7,015
Apr 200901,79846.773.59$6,450
Mar 200902,11142.144.06$8,569
Feb 200901,90832.814.63$8,840
Jan 200902,50735.865.37$13,465
Dec 200802,45837.105.98$14,692
Nov 2008097355.496.86$6,675
Oct 200803,02075.246.92$20,904
Sep 200803,047101.767.88$24,001
Aug 200803,160114.228.48$26,806
Jul 200803,164131.0811.39$36,036
Jun 200803,063131.3313.03$39,919
May 200802,814123.1711.57$32,570
Apr 200802,745110.3110.45$28,699
Mar 200803,267101.909.66$31,573
Feb 200803,03292.538.77$26,592
Jan 200803,24390.388.21$26,611
Dec 200703,32588.337.30$24,279
Nov 200703,54791.677.29$25,864
Oct 200703,60982.856.92$24,981
Sep 200703,26975.846.24$20,412
Aug 200703,45269.066.39$22,051
Jul 200703,31770.906.39$21,189
Jun 200723,30362.007.55$25,057
May 2007213,14558.747.85$25,910
Apr 2007243,10359.617.81$25,650
Mar 2007293,43056.927.30$26,696
Feb 2007313,22955.108.22$28,238
Jan 2007463,95750.306.73$28,932
Dec 2006503,90756.656.92$29,863
Nov 200604,03954.207.62$30,767
Oct 200605,07954.906.01$30,544
Sep 200603,86260.085.04$19,454
Aug 200604,84968.717.34$35,591
Jul 200601,09669.376.34$6,952
Jun 200604,13566.286.38$26,397
May 200603,47166.016.42$22,301
Apr 200603,32764.397.36$24,488
Mar 200603,65156.707.08$25,860
Feb 200603,26157.597.75$25,276
Jan 200605,16060.598.93$46,096
Dec 200505,28954.9413.42$70,954
Nov 200504,22354.6910.59$44,715
Oct 200504,31858.3413.80$59,570
Sep 200503,37361.4512.08$40,742
Aug 200504,03161.519.80$39,491
Jul 200504,51055.697.84$35,375
Jun 200502,93252.337.38$21,641
May 200504,19645.226.65$27,908
Apr 200504,24649.207.36$31,253
Mar 200503,45950.377.15$24,749
Feb 200503,28945.226.31$20,760
Jan 200503,21743.166.32$20,339
Dec 200405,90139.866.75$39,838
Nov 200405,49745.286.33$34,798
Oct 200404,42349.706.52$28,816
Sep 200401,97543.245.28$10,436
Aug 200404,21542.375.55$23,396
Jul 200404,00838.286.08$24,385
Jun 200404,41736.106.43$28,415
May 200404,12837.486.49$26,810
Apr 200415,31934.475.86$31,196
Mar 200414,25434.365.53$23,560
Feb 200415,22032.455.51$28,793
Jan 200415,28432.036.30$33,319
Dec 200303,64630.266.30$22,976
Nov 200314,49128.804.60$20,666
Oct 200314,26528.174.76$20,328
Sep 200303,97226.314.75$18,864
Aug 200314,49729.765.13$23,098
Jul 2003174,57429.415.17$24,151
Jun 2003144,04628.565.98$24,607
May 2003154,22026.595.97$25,604
Apr 2003174,57626.675.41$25,197
Mar 2003224,94331.146.10$30,818
Feb 2003204,80133.487.93$38,722
Jan 2003225,78130.315.58$32,937
Dec 2002505,05926.914.85$25,901
Nov 2002434,98824.664.14$21,696
Oct 2002465,62326.464.23$24,998
Sep 2002435,76827.443.64$22,148
Aug 2002355,12025.963.16$17,109
Jul 2002354,75124.583.06$15,407
Jun 200205,22323.733.34$17,436
May 200204,14324.663.58$14,849
Apr 200205,70723.653.51$20,045
Mar 200206,06122.003.10$18,806
Feb 200205,81118.222.38$13,805
Jan 200207,33717.172.38$17,430
Dec 200106,78716.932.36$16,047
Nov 200107,06918.072.41$17,005
Oct 200106,86319.782.53$17,356
Sep 200106,94424.262.25$15,633
Aug 200108,06424.873.05$24,621
Jul 200108,53823.933.20$27,297
Jun 2001249,26624.563.82$36,024
May 20012511,92525.524.31$52,003
Apr 2001156,36624.685.34$34,335
Mar 2001116,00624.545.38$32,561
Feb 200195,90827.755.77$34,322
Jan 2001117,86727.478.40$66,375
Dec 200006,85226.889.12$62,507
Nov 200005,42732.215.66$30,706
Oct 200006,95931.235.15$35,808
Sep 200007,87231.875.19$40,828
Aug 200008,37629.644.54$38,033
Jul 200027,82828.534.09$32,072
Jun 2000494,18929.304.40$19,856
May 20001077,99927.263.68$32,351
Apr 20001157,84824.513.12$27,273
Mar 20001368,29328.422.86$27,581
Feb 20001608,13427.622.73$26,597
Jan 20002409,58425.272.48$29,838
Dec 19991374,49124.282.42$14,211
Nov 199905,66423.192.43$13,786
Oct 199905,57620.982.80$15,633
Sep 199907,17121.752.62$18,780
Aug 1999010,79019.262.88$31,028
Jul 1999010,04717.892.37$23,835
Jun 1999011,89815.942.36$28,104
May 1999014,15415.792.32$32,852
Apr 1999013,41115.102.21$29,612
Mar 1999015,32112.471.84$28,165
Feb 1999017,6209.981.82$32,029
Jan 1999016,75210.381.90$31,828
Dec 1998018,0979.201.77$32,092
Nov 1998022,25810.892.19$48,650
Oct 1998030,34912.421.97$59,764
Sep 1998061,60112.592.08$128,291
Aug 1998037,76911.301.91$72,039

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             3 bbl  × $106.41 =       $319
Gas                1,263 Mcf  × $  3.05 =     $3,847

────────────────────────────────────────────────────
Month total                                   $4,166

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/169838 is the state's own key, not one this site invented.