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 170304District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Aug 1998 – May 2026
Value, last 12 filed months
$40 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 Gas111999-01-29139997
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
CondensateDisposition2,338 bbl$116,014
GasProduction1,469,177 Mcf$5,944,032
Total$6,060,046

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 27.4026, -99.1516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40260, -99.15161 · 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
10,500 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 10,500 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-479370427610,500 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 20262787106.413.05$2,610
Apr 2026375798.932.87$2,469
Mar 2026278789.753.15$2,658
Feb 2026173463.503.75$2,816
Jan 2026180459.138.00$6,489
Dec 2025184956.664.41$3,804
Nov 2025382358.593.93$3,407
Oct 2025279059.383.30$2,730
Sep 2025286562.743.08$2,787
Aug 202521,05663.933.01$3,311
Jul 202541,07466.743.32$3,827
Jun 202501,01066.483.13$3,160
May 202541,09860.553.23$3,791
Apr 202531,04362.363.54$3,883
Mar 202521,00267.704.27$4,412
Feb 2025263970.884.34$2,916
Jan 2025397374.324.28$4,386
Dec 2024381168.993.12$2,738
Nov 2024176269.052.20$1,744
Oct 2024377471.372.28$1,980
Sep 2024283169.612.36$2,104
Aug 202431,02375.632.06$2,338
Jul 202431,24279.932.15$2,906
Jun 202431,26678.082.63$3,569
May 202431,29978.812.20$3,092
Apr 202431,23584.451.66$2,302
Mar 202431,30480.301.55$2,256
Feb 202441,21976.091.78$2,479
Jan 202421,30073.023.30$4,433
Dec 202341,30671.262.61$3,695
Nov 202311,27677.892.81$3,660
Oct 202351,31885.443.09$4,496
Sep 202321,27689.042.74$3,668
Aug 202321,36980.522.67$3,820
Jul 202331,31274.852.64$3,691
Jun 202321,24668.962.26$2,952
May 202361,33070.622.23$3,386
Apr 202341,11878.122.24$2,814
Mar 202351,36172.852.39$3,621
Feb 202331,34675.112.47$3,544
Jan 202341,48076.533.39$5,320
Dec 202261,38376.415.73$8,382
Nov 202241,44585.005.65$8,499
Oct 202251,50087.185.86$9,232
Sep 202211,44084.888.16$11,841
Aug 202231,53394.529.13$14,276
Jul 202261,562101.587.54$12,390
Jun 202231,534115.097.98$12,582
May 202231,605109.378.43$13,863
Apr 202241,441104.226.84$10,270
Mar 202241,459108.885.08$7,842
Feb 202231,35491.054.86$6,852
Jan 202231,44981.844.54$6,821
Dec 202161,48971.323.90$6,234
Nov 202132,06977.435.24$11,067
Oct 202161,48879.795.71$8,981
Sep 202131,38069.865.35$7,594
Aug 202141,57366.024.22$6,903
Jul 202141,57170.783.98$6,539
Jun 202121,49669.493.38$5,196
May 202151,56763.483.02$5,046
Apr 202151,52160.362.76$4,497
Mar 202161,61561.302.72$4,756
Feb 202141,47557.805.55$8,414
Jan 202141,65850.412.81$4,861
Dec 202031,81544.642.68$4,990
Nov 202061,81538.772.71$5,145
Oct 202051,84336.972.48$4,753
Sep 202031,82737.091.99$3,749
Aug 202021,79039.982.39$4,349
Jul 202061,83738.371.83$3,583
Jun 202051,86734.901.69$3,330
May 202001,95316.921.81$3,544
Apr 202062,00114.751.80$3,699
Mar 202041,87230.341.86$3,596
Feb 202041,64949.881.98$3,466
Jan 202061,75457.252.09$4,018
Dec 201961,68059.012.30$4,225
Nov 201951,59955.302.75$4,675
Oct 201961,76053.472.42$4,577
Sep 201961,71755.052.66$4,893
Aug 201961,75953.112.30$4,372
Jul 201941,74956.272.46$4,528
Jun 201951,70752.782.49$4,516
May 201971,87158.482.74$5,537
Apr 201971,82062.632.75$5,445
Mar 201951,83656.803.06$5,906
Feb 201971,65950.852.79$4,988
Jan 201971,77846.033.23$6,062
Dec 201861,88446.594.19$8,165
Nov 201851,73952.934.24$7,633
Oct 201851,80761.443.40$6,448
Sep 201851,71359.543.11$5,622
Aug 201831,79459.403.07$5,680
Jul 201851,84365.142.93$5,729
Jun 201841,75360.183.08$5,635
May 201861,77765.382.90$5,547
Apr 201871,76663.842.90$5,570
Mar 201841,80561.222.79$5,275
Feb 201871,53361.782.77$4,673
Jan 201861,81362.874.01$7,646
Dec 201781,82357.272.92$5,784
Nov 201731,80755.423.12$5,801
Oct 201761,92349.292.98$6,033
Sep 201751,88847.523.09$6,066
Aug 201741,95845.373.00$6,064
Jul 201741,98443.873.09$6,301
Jun 201701,84142.493.09$5,684
May 201701,88145.373.26$6,138
Apr 201701,86947.933.21$6,002
Mar 201701,97846.772.98$5,902
Feb 201701,80550.452.95$5,329
Jan 201702,05749.413.42$7,032
Dec 201602,07248.763.72$7,714
Nov 201601,99642.492.64$5,278
Oct 201602,02546.193.09$6,258
Sep 201601,94341.553.10$6,025
Aug 201601,93241.442.92$5,650
Jul 201601,94641.622.92$5,691
Jun 201601,99245.352.69$5,350
May 201602,26942.521.99$4,518
Apr 201601,29636.561.99$2,580
Mar 201601,75033.011.79$3,140
Feb 201601,82626.472.06$3,768
Jan 201601,96527.352.36$4,646
Dec 201502,05832.362.00$4,119
Nov 201502,04438.792.17$4,430
Oct 201502,23143.552.43$5,414
Sep 201502,24842.992.76$6,201
Aug 201502,33240.162.87$6,699
Jul 201502,34948.152.95$6,918
Jun 201502,31556.152.88$6,674
May 201502,62955.212.96$7,770
Apr 201502,53449.822.71$6,858
Mar 201502,65442.892.93$7,789
Feb 201502,45744.662.98$7,313
Jan 201502,87943.433.10$8,927
Dec 201401,40954.693.59$5,060
Nov 201402,47270.464.25$10,511
Oct 201401,74178.303.90$6,792
Sep 201401,62986.164.05$6,590
Aug 201401,48689.394.04$5,996
Jul 201402,23096.564.18$9,321
Jun 201401,99198.164.74$9,431
May 201402,13494.734.73$10,086
Apr 201402,32395.944.81$11,172
Mar 201402,24695.895.06$11,358
Feb 201402,05497.406.19$12,718
Jan 201402,34390.404.86$11,389
Dec 201302,57091.824.35$11,191
Nov 201302,10188.853.74$7,854
Oct 201302,54797.423.78$9,626
Sep 201302,435104.113.72$9,053
Aug 201302,524104.253.52$8,891
Jul 201302,537102.523.72$9,432
Jun 201302,38794.403.93$9,389
May 201302,45494.834.15$10,182
Apr 201302,35793.964.28$10,094
Mar 201302,14793.623.91$8,401
Feb 201302,01491.233.42$6,888
Jan 201302,19691.603.42$7,510
Dec 201202,35786.773.42$8,061
Nov 201202,44086.953.62$8,845
Oct 201202,69689.383.40$9,166
Sep 201202,44794.672.92$7,141
Aug 201202,46492.662.91$7,166
Jul 201202,65685.133.02$8,023
Jun 201202,54579.822.52$6,411
May 201202,58991.612.49$6,442
Apr 201202,505101.652.00$5,002
Mar 201202,555105.052.22$5,677
Feb 201202,377101.102.57$6,109
Jan 201202,48698.092.73$6,797
Dec 201102,52896.873.24$8,190
Nov 201102,48695.723.31$8,232
Oct 201102,49184.983.65$9,089
Sep 201102,40783.623.99$9,594
Aug 201102,56683.404.15$10,647
Jul 201102,69794.144.52$12,183
Jun 201102,64192.904.64$12,254
May 201102,84698.134.40$12,536
Apr 201102,720105.964.33$11,787
Mar 201102,83696.364.06$11,507
Feb 201102,58285.644.18$10,793
Jan 201102,78086.504.59$12,757
Dec 201002,93785.734.35$12,769
Nov 201002,85780.843.80$10,843
Oct 201003,07478.103.51$10,786
Sep 201002,89272.633.98$11,509
Aug 201003,01673.684.42$13,329
Jul 201013,12372.554.74$14,865
Jun 201072,77870.364.91$14,134
May 2010102,84771.124.24$12,769
Apr 2010192,58681.694.12$12,213
Mar 2010203,22178.394.39$15,704
Feb 2010202,89073.585.44$17,200
Jan 2010153,18574.365.96$20,111
Dec 2009193,24671.445.48$19,158
Nov 200902,87874.593.75$10,797
Oct 200902,92672.544.11$12,027
Sep 200902,78865.543.06$8,545
Aug 200902,58667.423.22$8,323
Jul 200902,92861.133.46$10,144
Jun 200902,88266.163.90$11,225
May 200903,17054.743.93$12,445
Apr 200903,06046.773.59$10,978
Mar 200903,18042.144.06$12,908
Feb 200903,32232.814.63$15,391
Jan 200903,28435.865.37$17,638
Dec 200803,25737.105.98$19,468
Nov 200803,38455.496.86$23,215
Oct 200804,09575.246.92$28,346
Sep 200803,970101.767.88$31,272
Aug 200803,797114.228.48$32,210
Jul 200803,592131.0811.39$40,911
Jun 200842,809131.3313.03$37,134
May 2008393,521123.1711.57$45,557
Apr 2008343,478110.3110.45$40,113
Mar 2008423,795101.909.66$40,955
Feb 2008523,65292.538.77$36,842
Jan 2008644,31090.388.21$41,151
Dec 200703,26588.337.30$23,841
Nov 200703,50691.677.29$25,565
Oct 200703,73582.856.92$25,854
Sep 200703,44775.846.24$21,524
Aug 200703,77169.066.39$24,089
Jul 200703,42070.906.39$21,847
Jun 200713,41262.007.55$25,817
May 200763,50558.747.85$27,854
Apr 200783,82059.617.81$30,293
Mar 2007104,00956.927.30$29,843
Feb 200793,51655.108.22$29,383
Jan 2007143,84550.306.73$26,569
Dec 2006734,06056.656.92$32,224
Nov 2006913,55754.207.62$32,028
Oct 2006934,09354.906.01$29,720
Sep 2006833,82960.085.04$24,274
Aug 2006883,85168.717.34$34,313
Jul 20061014,04569.376.34$32,663
Jun 200604,09566.286.38$26,142
May 200604,33166.016.42$27,827
Apr 200604,40264.397.36$32,401
Mar 200604,71056.707.08$33,361
Feb 200603,93757.597.75$30,516
Jan 200604,27560.598.93$38,190
Dec 200504,59554.9413.42$61,644
Nov 200504,53054.6910.59$47,965
Oct 200505,07758.3413.80$70,041
Sep 200504,21661.4512.08$50,925
Aug 200502,60361.519.80$25,501
Jul 200503,64055.697.84$28,551
Jun 200504,09552.337.38$30,225
May 200503,88645.226.65$25,846
Apr 200505,15249.207.36$37,921
Mar 200505,25350.377.15$37,585
Feb 200505,57145.226.31$35,164
Jan 200501,90343.166.32$12,031
Dec 200401,47739.866.75$9,971
Nov 200401,72645.286.33$10,926
Oct 200404,48649.706.52$29,227
Sep 200405,68743.245.28$30,050
Aug 200404,40542.375.55$24,451
Jul 200404,04138.286.08$24,586
Jun 200404,17336.106.43$26,845
May 200402,90237.486.49$18,847
Apr 200405,17734.475.86$30,329
Mar 200403,85334.365.53$21,308
Feb 200405,20232.455.51$28,661
Jan 200407,78032.036.30$49,011
Dec 200304,98130.266.30$31,388
Nov 200307,14728.804.60$32,842
Oct 2003099428.174.76$4,731
Sep 200306,42826.314.75$30,529
Aug 200307,36129.765.13$37,760
Jul 200308,66929.415.17$44,826
Jun 200308,69128.565.98$51,998
May 200309,17026.595.97$54,769
Apr 200309,57226.675.41$51,758
Mar 2003010,06431.146.10$61,351
Feb 200305,52333.487.93$43,775
Jan 200308,42130.315.58$47,006
Dec 200207,51326.914.85$36,466
Nov 200207,05624.664.14$29,190
Oct 200208,45126.464.23$35,740
Sep 200208,91227.443.64$32,397
Aug 200205,77825.963.16$18,283
Jul 200207,37224.583.06$22,571
Jun 200206,37523.733.34$21,281
May 200206,75324.663.58$24,203
Apr 200206,77523.653.51$23,796
Mar 200207,92522.003.10$24,589
Feb 200207,14418.222.38$16,972
Jan 200208,05217.172.38$19,129
Dec 200128,66316.932.36$20,517
Nov 20011238,30618.072.41$22,203
Oct 20011099,04519.782.53$25,030
Sep 20011028,81624.262.25$22,322
Aug 2001898,41224.873.05$27,897
Jul 2001949,39023.933.20$32,270
Jun 2001748,58624.563.82$34,652
May 2001639,09525.524.31$40,783
Apr 2001658,07924.685.34$44,708
Mar 2001558,57624.545.38$47,458
Feb 2001448,90627.755.77$52,583
Jan 2001469,72427.478.40$82,933
Dec 200008,64326.889.12$78,846
Nov 200007,09832.215.66$40,160
Oct 2000010,23731.235.15$52,674
Sep 2000015,33831.875.19$79,551
Aug 2000012,11629.644.54$55,016
Jul 200009,57028.534.09$39,139
Jun 200009,43729.304.40$41,497
May 2000011,53927.263.68$42,461
Apr 2000011,68524.513.12$36,410
Mar 2000012,36828.422.86$35,369
Feb 2000011,87027.622.73$32,364
Jan 2000012,36525.272.48$30,671
Dec 1999012,89724.282.42$31,259
Nov 1999013,77623.192.43$33,531
Oct 1999015,34920.982.80$43,034
Sep 1999314,56921.752.62$38,219
Aug 1999317,03719.262.88$49,049
Jul 1999416,66817.892.37$39,614
Jun 1999418,17815.942.36$43,002
May 1999620,86715.792.32$48,527
Apr 1999420,55815.102.21$45,453
Mar 1999525,05112.471.84$46,114
Feb 1999422,9629.981.82$41,780
Jan 19991226,22710.381.90$49,955
Dec 19981430,1329.201.77$53,562
Nov 19981333,93010.892.19$74,303
Oct 19981642,98412.421.97$84,843
Sep 19981671,39112.592.08$148,882
Aug 19982311,16111.301.91$21,548

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             2 bbl  × $106.41 =       $213
Gas                  787 Mcf  × $  3.05 =     $2,397

────────────────────────────────────────────────────
Month total                                   $2,610

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/170304 is the state's own key, not one this site invented.