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 170406District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$40.4 M
Sep 1998 – May 2026
Value, last 12 filed months
$298 k
at the published price for each month
Months reported
333
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 Gas111999-01-29140006
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
CondensateDisposition39,130 bbl$1,413,578
GasProduction10,119,527 Mcf$39,025,360
Total$40,438,938

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 27.4381, -99.1393. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43810, -99.13934 · 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
10,650 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 10,650 ft.

Completions filed
Sep 1998
1 of 1 wells

1 well

42-479370518310,650 ftSep 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 (333)

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

333 months

May 2026146,679106.413.05$21,833
Apr 2026265,89098.932.87$19,475
Mar 2026166,46789.753.15$21,803
Feb 2026105,82663.503.75$22,484
Jan 2026116,28359.138.00$50,901
Dec 202556,66556.664.41$29,698
Nov 2025226,14658.593.93$25,421
Oct 2025116,74759.383.30$22,951
Sep 2025106,38962.743.08$20,286
Aug 2025106,50263.933.01$20,241
Jul 2025266,66366.743.32$23,824
Jun 202506,25766.483.13$19,576
May 2025226,58160.553.23$22,604
Apr 2025166,37462.363.54$23,582
Mar 2025166,57567.704.27$29,147
Feb 2025115,85070.884.34$26,174
Jan 2025226,45474.324.28$29,250
Dec 2024246,57768.993.12$22,185
Nov 2024126,62969.052.20$15,402
Oct 2024236,70071.372.28$16,927
Sep 2024126,60269.612.36$16,445
Aug 2024166,93175.632.06$15,513
Jul 2024176,93279.932.15$16,239
Jun 2024176,76978.082.63$19,157
May 2024126,87778.812.20$16,064
Apr 2024196,47984.451.66$12,355
Mar 2024186,93680.301.55$12,162
Feb 2024246,30876.091.78$13,077
Jan 2024126,78173.023.30$23,238
Dec 2023236,97071.262.61$19,836
Nov 202356,81377.892.81$19,517
Oct 2023247,03085.443.09$23,754
Sep 2023116,72189.042.74$19,362
Aug 2023116,94880.522.67$19,457
Jul 2023166,34374.852.64$17,955
Jun 2023116,66568.962.26$15,811
May 2023286,94970.622.23$17,456
Apr 2023226,74678.122.24$16,815
Mar 2023297,24072.852.39$19,439
Feb 2023176,32575.112.47$16,872
Jan 2023226,91576.533.39$25,110
Dec 2022286,16676.415.73$37,465
Nov 2022236,85585.005.65$40,660
Oct 2022277,14887.185.86$44,268
Sep 202256,67484.888.16$54,909
Aug 2022156,99394.529.13$65,244
Jul 2022267,166101.587.54$56,688
Jun 2022156,942115.097.98$57,104
May 2022167,255109.378.43$62,932
Apr 2022216,742104.226.84$48,288
Mar 2022206,972108.885.08$37,570
Feb 2022156,32091.054.86$32,074
Jan 2022156,79881.844.54$32,075
Dec 2021267,01871.323.90$29,218
Nov 2021146,91377.435.24$37,286
Oct 2021307,18979.795.71$43,471
Sep 2021157,13369.865.35$39,216
Aug 2021207,47166.024.22$32,852
Jul 2021207,51070.783.98$31,321
Jun 2021107,44069.493.38$25,847
May 2021257,79063.483.02$25,095
Apr 2021237,39860.362.76$21,795
Mar 2021256,05161.302.72$17,973
Feb 2021206,70257.805.55$38,338
Jan 2021197,59650.412.81$22,305
Dec 2020157,78144.642.68$21,487
Nov 2020247,59138.772.71$21,476
Oct 2020227,88336.972.48$20,351
Sep 2020137,40237.091.99$15,220
Aug 202097,78939.982.39$18,937
Jul 2020277,98838.371.83$15,615
Jun 2020227,92234.901.69$14,158
May 202007,68216.921.81$13,941
Apr 2020247,63814.751.80$14,136
Mar 2020167,78430.341.86$14,934
Feb 2020157,03049.881.98$14,672
Jan 2020248,16357.252.09$18,473
Dec 2019237,14859.012.30$17,829
Nov 2019227,19155.302.75$20,997
Oct 2019216,50853.472.42$16,863
Sep 2019267,76155.052.66$22,054
Aug 2019277,25853.112.30$18,159
Jul 2019186,65956.272.46$17,394
Jun 2019259,63252.782.49$25,315
May 20193710,28558.482.74$30,348
Apr 2019359,28362.632.75$27,727
Mar 2019269,17056.803.06$29,556
Feb 2019338,12750.852.79$24,370
Jan 2019338,95046.033.23$30,411
Dec 2018268,01046.594.19$34,737
Nov 2018268,27652.934.24$36,444
Oct 2018268,60361.443.40$30,831
Sep 2018288,80059.543.11$29,018
Aug 2018168,96159.403.07$28,430
Jul 2018259,22865.142.93$28,684
Jun 2018218,87160.183.08$28,559
May 2018318,94665.382.90$27,977
Apr 2018408,76463.842.90$27,976
Mar 2018188,65261.222.79$25,214
Feb 2018347,82961.782.77$23,756
Jan 2018308,88662.874.01$37,513
Dec 2017399,07257.272.92$28,738
Nov 2017158,88055.423.12$28,522
Oct 2017289,43549.292.98$29,531
Sep 2017269,05147.523.09$29,178
Aug 2017219,07245.373.00$28,209
Jul 2017529,33143.873.09$31,089
Jun 20171479,11042.493.09$34,371
May 20171519,27145.373.26$37,106
Apr 20171109,30847.933.21$35,166
Mar 2017689,83046.772.98$32,510
Feb 2017739,27950.452.95$31,080
Jan 2017010,18249.413.42$34,810
Dec 201609,86248.763.72$36,715
Nov 2016010,10142.492.64$26,711
Oct 2016010,23946.193.09$31,641
Sep 201605,11741.553.10$15,866
Aug 2016010,63741.442.92$31,106
Jul 201608,80441.622.92$25,746
Jun 2016010,12945.352.69$27,205
May 2016010,01142.521.99$19,932
Apr 2016010,09436.561.99$20,098
Mar 20162710,70133.011.79$20,089
Feb 201612010,39626.472.06$24,630
Jan 201641710,72027.352.36$36,751
Dec 201530012,11832.362.00$33,961
Nov 201529611,52838.792.17$36,467
Oct 201531612,25843.552.43$43,507
Sep 20151957,61142.992.76$29,377
Aug 201537010,84940.162.87$46,023
Jul 201516111,52748.152.95$41,700
Jun 20151339,96556.152.88$36,196
May 201521511,03855.212.96$44,492
Apr 201513410,31449.822.71$34,591
Mar 201515710,77842.892.93$38,364
Feb 20151339,82944.662.98$35,193
Jan 20152058,40243.433.10$34,955
Dec 201430810,00454.693.59$52,772
Nov 201409,32970.464.25$39,665
Oct 2014011,09178.303.90$43,266
Sep 2014011,24386.164.05$45,483
Aug 2014011,69289.394.04$47,179
Jul 2014011,35096.564.18$47,438
Jun 2014811,41898.164.74$54,871
May 20147710,69194.734.73$57,826
Apr 20144510,57495.944.81$55,169
Mar 20144611,96295.895.06$64,900
Feb 2014419,50197.406.19$62,824
Jan 20149810,75790.404.86$61,146
Dec 20133913,45891.824.35$62,184
Nov 2013810,56688.853.74$40,209
Oct 20132097.423.78$195
Sep 201388,302104.113.72$31,698
Aug 2013911,021104.253.52$39,761
Jul 20131211,448102.523.72$43,791
Jun 2013711,42794.403.93$45,608
May 2013012,21394.834.15$50,673
Apr 2013011,31093.964.28$48,436
Mar 2013011,89793.623.91$46,551
Feb 2013211,01691.233.42$37,856
Jan 2013913,05091.603.42$45,454
Dec 2012119,66586.773.42$34,010
Nov 20122011,47686.953.62$43,339
Oct 20123412,30089.383.40$44,855
Sep 20123612,72094.672.92$40,530
Aug 20122711,02492.662.91$34,561
Jul 20122612,23885.133.02$39,182
Jun 20122511,52979.822.52$31,038
May 2012012,14191.612.49$30,211
Apr 2012010,945101.652.00$21,855
Mar 2012012,670105.052.22$28,154
Feb 2012011,044101.102.57$28,386
Jan 2012012,00798.092.73$32,828
Dec 2011012,07796.873.24$39,126
Nov 2011012,28195.723.31$40,666
Oct 2011014,04884.983.65$51,255
Sep 2011013,84283.623.99$55,171
Aug 2011013,39383.404.15$55,572
Jul 2011113,34694.144.52$60,381
Jun 2011812,24092.904.64$57,535
May 2011712,91798.134.40$57,584
Apr 20111012,675105.964.33$55,984
Mar 20111213,49596.364.06$55,910
Feb 2011812,30885.644.18$52,132
Jan 2011613,03886.504.59$60,348
Dec 20101612,68285.734.35$56,510
Nov 20104713,10180.843.80$53,522
Oct 20103512,01078.103.51$44,875
Sep 20103812,39172.633.98$52,070
Aug 20103511,84773.684.42$54,935
Jul 20103011,81672.554.74$58,143
Jun 20102612,66470.364.91$64,015
May 2010011,73671.124.24$49,705
Apr 2010011,69181.694.12$48,198
Mar 2010011,92678.394.39$52,339
Feb 2010011,78073.585.44$64,111
Jan 2010014,65474.365.96$87,398
Dec 2009015,25471.445.48$83,649
Nov 2009014,57274.593.75$54,667
Oct 2009013,99972.544.11$57,539
Sep 2009013,46965.543.06$41,279
Aug 2009015,18767.423.22$48,879
Jul 2009015,61561.133.46$54,098
Jun 2009015,59366.163.90$60,735
May 2009015,55854.743.93$61,077
Apr 2009016,21446.773.59$58,168
Mar 2009016,24442.144.06$65,934
Feb 2009014,59232.814.63$67,605
Jan 2009016,16835.865.37$86,838
Dec 2008615,77637.105.98$94,518
Nov 20089914,96655.496.86$108,166
Oct 20089416,33975.246.92$120,171
Sep 200812916,803101.767.88$145,486
Aug 200810418,394114.228.48$167,916
Jul 20086519,322131.0811.39$228,587
Jun 20082818,076131.3313.03$239,255
May 20084719,168123.1711.57$227,645
Apr 2008299,959110.3110.45$107,319
Mar 20086123,118101.909.66$229,630
Feb 20087322,24192.538.77$201,821
Jan 20088823,82190.388.21$203,422
Dec 20078424,33588.337.30$185,113
Nov 200715420,82791.677.29$165,981
Oct 200715426,42682.856.92$195,679
Sep 200711326,95375.846.24$176,869
Aug 200712227,27469.066.39$182,650
Jul 200712927,02470.906.39$181,774
Jun 200713626,75562.007.55$210,391
May 20078915,12258.747.85$123,879
Apr 200715322,50459.617.81$184,769
Mar 200718324,70456.927.30$190,804
Feb 200718522,15655.108.22$192,227
Jan 200725825,24150.306.73$182,770
Dec 200627924,72456.656.92$186,857
Nov 20069523,62754.207.62$185,127
Oct 20069225,42054.906.01$157,922
Sep 20069728,39260.085.04$148,844
Aug 200610328,61468.717.34$217,102
Jul 200610526,43769.376.34$174,967
Jun 200615728,16666.286.38$190,214
May 200637027,66966.016.42$202,197
Apr 200643330,97964.397.36$255,901
Mar 200644127,27956.707.08$218,220
Feb 200641527,30557.597.75$235,544
Jan 200646931,25360.598.93$307,610
Dec 200531933,49854.9413.42$466,915
Nov 200513131,54954.6910.59$341,218
Oct 200511633,88458.3413.80$474,223
Sep 20056924,69661.4512.08$302,543
Aug 200512333,61061.519.80$336,838
Jul 200514434,82955.697.84$281,206
Jun 200516535,85152.337.38$273,252
May 200521238,70345.226.65$267,006
Apr 200521636,38049.207.36$278,401
Mar 20054239,77550.377.15$286,701
Feb 200526137,66945.226.31$249,566
Jan 200513940,56043.166.32$262,428
Dec 200463248,05839.866.75$349,635
Nov 200445237,45845.286.33$257,591
Oct 200426525,11349.706.52$176,784
Sep 200428826,26943.245.28$151,256
Aug 200425924,70342.375.55$148,092
Jul 200420216,60538.286.08$108,760
Jun 200420124,09236.106.43$162,240
May 200428426,22037.486.49$180,932
Apr 2004433,13434.475.86$19,843
Mar 200480253,19034.365.53$321,705
Feb 200471655,52732.455.51$329,167
Jan 200465445,43832.036.30$307,191
Dec 200345533,51130.266.30$224,943
Nov 200332731,15728.804.60$152,589
Oct 200330530,99328.174.76$156,107
Sep 200329429,67226.314.75$148,658
Aug 200333836,28629.765.13$196,196
Jul 200342136,48829.415.17$201,055
Jun 200341337,27428.565.98$234,804
May 200331027,17826.595.97$170,568
Apr 200331934,65726.675.41$195,908
Mar 200334832,30531.146.10$207,769
Feb 200340138,80433.487.93$320,981
Jan 200337940,17430.315.58$235,740
Dec 200221626,78326.914.85$135,811
Nov 200224335,06124.664.14$151,038
Oct 200228342,84726.464.23$188,693
Sep 200225041,93727.443.64$159,309
Aug 200221438,68725.963.16$127,967
Jul 200222137,52124.583.06$120,312
Jun 20023839,71123.733.34$133,467
May 20024941,06324.663.58$148,378
Apr 20025346,53323.653.51$164,692
Mar 20028948,07322.003.10$151,115
Feb 200218546,21118.222.38$113,153
Jan 200214348,57617.172.38$117,856
Dec 200112354,02316.932.36$129,814
Nov 2001045,82418.072.41$110,231
Oct 2001046,10419.782.53$116,591
Sep 2001046,98524.262.25$105,778
Aug 2001050,44624.873.05$154,020
Jul 2001047,49923.933.20$151,858
Jun 2001147,13524.563.82$180,276
May 20014550,19425.524.31$217,350
Apr 20016360,58624.685.34$324,801
Mar 20015870,22724.545.38$378,995
Feb 20014061,82727.755.77$357,671
Jan 20013658,79027.478.40$494,752
Dec 2000070,06926.889.12$639,204
Nov 2000071,63032.215.66$405,283
Oct 2000073,17331.235.15$376,512
Sep 2000080,34731.875.19$416,720
Aug 2000091,29129.644.54$414,530
Jul 2000094,34028.534.09$385,827
Jun 2000094,41429.304.40$415,162
May 2000098,67427.263.68$363,096
Apr 20000104,78624.513.12$326,513
Mar 20000113,77828.422.86$325,377
Feb 200021100,14127.622.73$273,614
Jan 2000411107,66625.272.48$277,451
Dec 1999600126,74824.282.42$321,770
Nov 1999741123,77323.192.43$318,446
Oct 1999686139,65720.982.80$405,950
Sep 19997145,42521.752.62$380,999
Aug 199910161,89819.262.88$465,746
Jul 199913174,13817.892.37$413,352
Jun 199912184,73815.942.36$436,561
May 199936211,52515.792.32$491,522
Apr 1999453218,63015.102.21$489,586
Mar 19991,213242,37512.471.84$460,691
Feb 19991,149243,2939.981.82$453,723
Jan 19991,385307,74010.381.90$599,067
Dec 19981,628339,2109.201.77$616,505
Nov 19981,622410,09810.892.19$914,023
Oct 19981,908494,23212.421.97$996,944
Sep 19981,111341,03812.592.08$724,240

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            14 bbl  × $106.41 =     $1,490
Gas                6,679 Mcf  × $  3.05 =    $20,343

────────────────────────────────────────────────────
Month total                                  $21,833

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/170406 is the state's own key, not one this site invented.