B.M.T.

Name: B.M.T. lease production and value, Aug 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 170196District 04Field 047892372 tax incentive programmesCondensateGasSave Export

Value, all time

$5.2 M

Aug 1998 – Sep 2018

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

242

no gaps in the span

Streams

condensate, gas

The B.M.T. (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1999-01-29	139998
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,280 bbl	$152,833
Gas	Production	1,358,078 Mcf	$5,055,925
Total			$5,208,758

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 27.4023, -99.1730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40234, -99.17297 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,800 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

1100.0%

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.

00.0%

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 10,800 ft.

Completions filed

Jan 2018

1 of 1 wells

1 well


42-47937047	97	10,800 ft	Jan 2018	—	Yes

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 (242)

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

242 months


Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	1	0	61.78	2.77	$62
Jan 2018	1	2,583	62.87	4.01	$10,419
Dec 2017	4	1,161	57.27	2.92	$3,621
Nov 2017	1	629	55.42	3.12	$2,017
Oct 2017	2	528	49.29	2.98	$1,674
Sep 2017	1	350	47.52	3.09	$1,128
Aug 2017	2	501	45.37	3.00	$1,596
Jul 2017	4	642	43.87	3.09	$2,158
Jun 2017	0	615	42.49	3.09	$1,899
May 2017	0	969	45.37	3.26	$3,162
Apr 2017	0	950	47.93	3.21	$3,051
Mar 2017	0	969	46.77	2.98	$2,891
Feb 2017	0	903	50.45	2.95	$2,666
Jan 2017	0	992	49.41	3.42	$3,391
Dec 2016	0	894	48.76	3.72	$3,328
Nov 2016	0	911	42.49	2.64	$2,409
Oct 2016	0	942	46.19	3.09	$2,911
Sep 2016	0	933	41.55	3.10	$2,893
Aug 2016	0	938	41.44	2.92	$2,743
Jul 2016	0	941	41.62	2.92	$2,752
Jun 2016	0	1,027	45.35	2.69	$2,758
May 2016	0	1,068	42.52	1.99	$2,126
Apr 2016	0	1,012	36.56	1.99	$2,015
Mar 2016	0	860	33.01	1.79	$1,543
Feb 2016	0	922	26.47	2.06	$1,903
Jan 2016	0	1,020	27.35	2.36	$2,412
Dec 2015	0	1,134	32.36	2.00	$2,270
Nov 2015	0	1,072	38.79	2.17	$2,323
Oct 2015	0	1,072	43.55	2.43	$2,601
Sep 2015	0	1,070	42.99	2.76	$2,952
Aug 2015	0	1,069	40.16	2.87	$3,071
Jul 2015	0	1,124	48.15	2.95	$3,310
Jun 2015	0	1,130	56.15	2.88	$3,258
May 2015	0	1,356	55.21	2.96	$4,008
Apr 2015	0	1,189	49.82	2.71	$3,218
Mar 2015	0	1,376	42.89	2.93	$4,038
Feb 2015	0	967	44.66	2.98	$2,878
Jan 2015	0	1,204	43.43	3.10	$3,733
Dec 2014	0	1,138	54.69	3.59	$4,087
Nov 2014	0	1,459	70.46	4.25	$6,203
Oct 2014	0	1,302	78.30	3.90	$5,079
Sep 2014	0	860	86.16	4.05	$3,479
Aug 2014	0	221	89.39	4.04	$892
Jul 2014	0	1,212	96.56	4.18	$5,066
Jun 2014	0	1,011	98.16	4.74	$4,789
May 2014	0	1,020	94.73	4.73	$4,821
Apr 2014	0	1,051	95.94	4.81	$5,054
Mar 2014	0	1,065	95.89	5.06	$5,385
Feb 2014	0	760	97.40	6.19	$4,706
Jan 2014	0	941	90.40	4.86	$4,574
Dec 2013	0	954	91.82	4.35	$4,154
Nov 2013	0	908	88.85	3.74	$3,394
Oct 2013	0	1,086	97.42	3.78	$4,104
Sep 2013	0	1,186	104.11	3.72	$4,409
Aug 2013	0	1,760	104.25	3.52	$6,200
Jul 2013	0	3,221	102.52	3.72	$11,975
Jun 2013	0	1,927	94.40	3.93	$7,580
May 2013	0	1,156	94.83	4.15	$4,796
Apr 2013	0	1,098	93.96	4.28	$4,702
Mar 2013	0	1,406	93.62	3.91	$5,502
Feb 2013	0	994	91.23	3.42	$3,399
Jan 2013	0	1,257	91.60	3.42	$4,299
Dec 2012	0	1,008	86.77	3.42	$3,448
Nov 2012	0	1,028	86.95	3.62	$3,726
Oct 2012	0	1,221	89.38	3.40	$4,151
Sep 2012	0	1,357	94.67	2.92	$3,960
Aug 2012	0	1,762	92.66	2.91	$5,124
Jul 2012	0	1,905	85.13	3.02	$5,755
Jun 2012	0	1,867	79.82	2.52	$4,703
May 2012	0	1,514	91.61	2.49	$3,767
Apr 2012	0	1,985	101.65	2.00	$3,964
Mar 2012	0	2,320	105.05	2.22	$5,155
Feb 2012	0	1,388	101.10	2.57	$3,567
Jan 2012	0	2,250	98.09	2.73	$6,152
Dec 2011	0	2,112	96.87	3.24	$6,842
Nov 2011	0	2,048	95.72	3.31	$6,782
Oct 2011	0	1,724	84.98	3.65	$6,290
Sep 2011	0	2,035	83.62	3.99	$8,111
Aug 2011	0	2,256	83.40	4.15	$9,361
Jul 2011	0	1,477	94.14	4.52	$6,672
Jun 2011	3	2,151	92.90	4.64	$10,259
May 2011	16	2,413	98.13	4.40	$12,199
Apr 2011	14	1,220	105.96	4.33	$6,770
Mar 2011	23	1,798	96.36	4.06	$9,511
Feb 2011	15	1,942	85.64	4.18	$9,402
Jan 2011	0	1,814	86.50	4.59	$8,324
Dec 2010	0	1,555	85.73	4.35	$6,761
Nov 2010	0	1,930	80.84	3.80	$7,325
Oct 2010	0	2,687	78.10	3.51	$9,428
Sep 2010	0	3,321	72.63	3.98	$13,216
Aug 2010	0	3,330	73.68	4.42	$14,716
Jul 2010	0	416	72.55	4.74	$1,970
Jun 2010	0	369	70.36	4.91	$1,812
May 2010	0	445	71.12	4.24	$1,885
Apr 2010	0	372	81.69	4.12	$1,534
Mar 2010	0	502	78.39	4.39	$2,203
Feb 2010	0	426	73.58	5.44	$2,318
Jan 2010	0	519	74.36	5.96	$3,095
Dec 2009	0	598	71.44	5.48	$3,279
Nov 2009	0	779	74.59	3.75	$2,922
Oct 2009	0	966	72.54	4.11	$3,971
Sep 2009	0	2,008	65.54	3.06	$6,154
Aug 2009	0	284	67.42	3.22	$914
Jul 2009	1	370	61.13	3.46	$1,343
Jun 2009	6	538	66.16	3.90	$2,492
May 2009	8	528	54.74	3.93	$2,511
Apr 2009	11	692	46.77	3.59	$2,997
Mar 2009	12	588	42.14	4.06	$2,892
Feb 2009	13	1,823	32.81	4.63	$8,872
Jan 2009	11	637	35.86	5.37	$3,816
Dec 2008	24	2,059	37.10	5.98	$13,197
Nov 2008	0	2,574	55.49	6.86	$17,659
Oct 2008	0	1,669	75.24	6.92	$11,553
Sep 2008	0	1,883	101.76	7.88	$14,833
Aug 2008	0	1,897	114.22	8.48	$16,092
Jul 2008	0	1,901	131.08	11.39	$21,651
Jun 2008	0	1,783	131.33	13.03	$23,237
May 2008	0	1,960	123.17	11.57	$22,686
Apr 2008	0	2,688	110.31	10.45	$28,103
Mar 2008	0	3,754	101.90	9.66	$36,279
Feb 2008	0	3,949	92.53	8.77	$34,635
Jan 2008	0	3,695	90.38	8.21	$30,320
Dec 2007	0	1,199	88.33	7.30	$8,755
Nov 2007	8	475	91.67	7.29	$4,197
Oct 2007	17	1,344	82.85	6.92	$10,712
Sep 2007	13	1,454	75.84	6.24	$10,065
Aug 2007	15	1,534	69.06	6.39	$10,835
Jul 2007	20	1,675	70.90	6.39	$12,118
Jun 2007	69	2,641	62.00	7.55	$24,213
May 2007	54	2,950	58.74	7.85	$26,318
Apr 2007	29	1,225	59.61	7.81	$11,290
Mar 2007	51	2,048	56.92	7.30	$17,857
Feb 2007	58	2,215	55.10	8.22	$21,394
Jan 2007	32	886	50.30	6.73	$7,570
Dec 2006	99	2,682	56.65	6.92	$24,164
Nov 2006	4	1,474	54.20	7.62	$11,445
Oct 2006	5	1,793	54.90	6.01	$11,057
Sep 2006	5	2,065	60.08	5.04	$10,702
Aug 2006	4	1,724	68.71	7.34	$12,929
Jul 2006	0	580	69.37	6.34	$3,679
Jun 2006	0	2,774	66.28	6.38	$17,709
May 2006	0	2,840	66.01	6.42	$18,247
Apr 2006	0	2,965	64.39	7.36	$21,824
Mar 2006	0	3,377	56.70	7.08	$23,919
Feb 2006	0	2,854	57.59	7.75	$22,122
Jan 2006	1	3,060	60.59	8.93	$27,397
Dec 2005	41	1,559	54.94	13.42	$23,167
Nov 2005	28	1,503	54.69	10.59	$17,446
Oct 2005	35	2,311	58.34	13.80	$33,924
Sep 2005	37	3,042	61.45	12.08	$39,018
Aug 2005	60	3,905	61.51	9.80	$41,947
Jul 2005	20	4,605	55.69	7.84	$37,234
Jun 2005	20	4,039	52.33	7.38	$30,859
May 2005	22	3,711	45.22	6.65	$25,677
Apr 2005	29	4,642	49.20	7.36	$35,594
Mar 2005	4	4,425	50.37	7.15	$31,862
Feb 2005	12	1,768	45.22	6.31	$11,702
Jan 2005	0	5,290	43.16	6.32	$33,444
Dec 2004	0	6,411	39.86	6.75	$43,281
Nov 2004	0	3,399	45.28	6.33	$21,517
Oct 2004	0	1,667	49.70	6.52	$10,861
Sep 2004	0	2,510	43.24	5.28	$13,263
Aug 2004	1	1,164	42.37	5.55	$6,503
Jul 2004	19	2,764	38.28	6.08	$17,544
Jun 2004	24	3,878	36.10	6.43	$25,814
May 2004	33	6,219	37.48	6.49	$41,627
Apr 2004	42	7,406	34.47	5.86	$44,835
Mar 2004	37	5,247	34.36	5.53	$30,288
Feb 2004	31	5,173	32.45	5.51	$29,507
Jan 2004	39	5,514	32.03	6.30	$35,985
Dec 2003	46	7,027	30.26	6.30	$45,674
Nov 2003	30	5,945	28.80	4.60	$28,182
Oct 2003	25	5,265	28.17	4.76	$25,764
Sep 2003	24	5,077	26.31	4.75	$24,744
Aug 2003	26	5,834	29.76	5.13	$30,701
Jul 2003	34	6,091	29.41	5.17	$32,496
Jun 2003	36	6,676	28.56	5.98	$40,970
May 2003	38	6,816	26.59	5.97	$41,720
Apr 2003	35	6,225	26.67	5.41	$34,594
Mar 2003	55	8,442	31.14	6.10	$53,175
Feb 2003	56	10,189	33.48	7.93	$82,632
Jan 2003	0	24	30.31	5.58	$134
Dec 2002	14	2,498	26.91	4.85	$12,501
Nov 2002	36	7,579	24.66	4.14	$32,242
Oct 2002	34	7,613	26.46	4.23	$33,096
Sep 2002	31	7,652	27.44	3.64	$28,667
Aug 2002	33	8,796	25.96	3.16	$28,689
Jul 2002	32	8,095	24.58	3.06	$25,572
Jun 2002	0	6,784	23.73	3.34	$22,647
May 2002	0	8,362	24.66	3.58	$29,969
Apr 2002	0	9,444	23.65	3.51	$33,170
Mar 2002	0	9,647	22.00	3.10	$29,932
Feb 2002	0	8,565	18.22	2.38	$20,348
Jan 2002	0	8,304	17.17	2.38	$19,728
Dec 2001	0	9,495	16.93	2.36	$22,450
Nov 2001	0	9,176	18.07	2.41	$22,073
Oct 2001	0	10,637	19.78	2.53	$26,900
Sep 2001	0	11,323	24.26	2.25	$25,492
Aug 2001	0	12,592	24.87	3.05	$38,445
Jul 2001	0	12,608	23.93	3.20	$40,309
Jun 2001	0	13,149	24.56	3.82	$50,284
May 2001	13	11,638	25.52	4.31	$50,460
Apr 2001	15	11,485	24.68	5.34	$61,646
Mar 2001	13	12,772	24.54	5.38	$68,987
Feb 2001	9	10,376	27.75	5.77	$60,089
Jan 2001	9	11,910	27.47	8.40	$100,276
Dec 2000	0	12,710	26.88	9.12	$115,947
Nov 2000	0	12,490	32.21	5.66	$70,668
Oct 2000	0	13,456	31.23	5.15	$69,238
Sep 2000	0	13,836	31.87	5.19	$71,760
Aug 2000	0	14,536	29.64	4.54	$66,004
Jul 2000	0	15,524	28.53	4.09	$63,489
Jun 2000	0	15,831	29.30	4.40	$69,613
May 2000	0	16,665	27.26	3.68	$61,323
Apr 2000	0	18,675	24.51	3.12	$58,191
Mar 2000	0	19,129	28.42	2.86	$54,704
Feb 2000	0	15,160	27.62	2.73	$41,334
Jan 2000	4	16,813	25.27	2.48	$41,806
Dec 1999	187	17,925	24.28	2.42	$47,986
Nov 1999	248	18,459	23.19	2.43	$50,680
Oct 1999	233	21,303	20.98	2.80	$64,616
Sep 1999	11	19,398	21.75	2.62	$51,040
Aug 1999	13	23,186	19.26	2.88	$66,924
Jul 1999	12	22,099	17.89	2.37	$52,642
Jun 1999	13	24,714	15.94	2.36	$58,584
May 1999	14	28,874	15.79	2.32	$67,238
Apr 1999	14	27,905	15.10	2.21	$61,827
Mar 1999	291	34,983	12.47	1.84	$67,939
Feb 1999	269	33,004	9.98	1.82	$62,679
Jan 1999	675	32,997	10.38	1.90	$69,699
Dec 1998	791	39,251	9.20	1.77	$76,882
Nov 1998	789	45,086	10.89	2.19	$107,138
Oct 1998	937	62,459	12.42	1.97	$134,632
Sep 1998	902	110,447	12.59	2.08	$241,375
Aug 1998	42	2,960	11.30	1.91	$6,120

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.

Feb 2018 — as filed, then multipliedworked

Condensate             1 bbl  × $ 61.78 =        $62
Gas                    0 Mcf  × $  2.77 =         $0

────────────────────────────────────────────────────
Month total                                      $62

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/170196 is the state's own key, not one this site invented.