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 170548District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.9 M
Jul 1998 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
335
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 Gas111998-11-30139599
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
CondensateDisposition13,293 bbl$320,161
GasProduction4,341,396 Mcf$13,577,703
Total$13,897,863

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 27.3840, -99.1692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38399, -99.16916 · 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
10,493 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 10,493 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-479369137110,493 ftJul 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 (335)

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

335 months

May 202652,160106.413.05$7,111
Apr 202692,09298.932.87$6,894
Mar 202662,12889.753.15$7,241
Feb 202642,00763.503.75$7,781
Jan 202642,18059.138.00$17,672
Dec 202522,24156.664.41$10,004
Nov 202572,22758.593.93$9,154
Oct 202542,20559.383.30$7,525
Sep 202532,10962.743.08$6,677
Aug 202532,11263.933.01$6,559
Jul 202592,31566.743.32$8,275
Jun 202502,19266.483.13$6,858
May 202582,28660.553.23$7,873
Apr 202562,21662.363.54$8,226
Mar 202562,31067.704.27$10,266
Feb 202542,13070.884.34$9,530
Jan 202582,36674.324.28$10,718
Dec 202492,39568.993.12$8,097
Nov 202442,38269.052.20$5,513
Oct 202492,53871.372.28$6,433
Sep 202442,36269.612.36$5,863
Aug 202462,57475.632.06$5,766
Jul 202462,76979.932.15$6,423
Jun 202462,33778.082.63$6,624
May 202442,49778.812.20$5,805
Apr 202462,29884.451.66$4,320
Mar 202462,41380.301.55$4,210
Feb 202482,30176.091.78$4,713
Jan 202442,49773.023.30$8,526
Dec 202382,53271.262.61$7,180
Nov 202322,35977.892.81$6,779
Oct 202392,60885.443.09$8,821
Sep 202342,40189.042.74$6,923
Aug 202342,54080.522.67$7,111
Jul 202372,56474.852.64$7,298
Jun 202342,71868.962.26$6,414
May 2023112,72670.622.23$6,849
Apr 202382,63178.122.24$6,513
Mar 2023102,66772.852.39$7,111
Feb 202362,33475.112.47$6,206
Jan 202382,75076.533.39$9,928
Dec 2022112,53676.415.73$15,369
Nov 202292,70085.005.65$16,010
Oct 2022102,78887.185.86$17,220
Sep 202222,62184.888.16$21,567
Aug 202262,93994.529.13$27,392
Jul 2022113,025101.587.54$23,932
Jun 202262,965115.097.98$24,343
May 202263,103109.378.43$26,824
Apr 202292,928104.226.84$20,958
Mar 202282,999108.885.08$16,095
Feb 202262,81891.054.86$14,239
Jan 202263,05381.844.54$14,345
Dec 2021123,14671.323.90$13,122
Nov 202163,05377.435.24$16,453
Oct 2021143,22379.795.71$19,533
Sep 202163,19969.865.35$17,537
Aug 202193,36366.024.22$14,788
Jul 202193,39970.783.98$14,172
Jun 202143,39469.493.38$11,752
May 2021123,59563.483.02$11,610
Apr 2021123,56760.362.76$10,564
Mar 2021153,82661.302.72$11,315
Feb 2021103,55257.805.55$20,284
Jan 202194,02850.412.81$11,773
Dec 202073,79544.642.68$10,466
Nov 2020113,75238.772.71$10,582
Oct 202093,05036.972.48$7,892
Sep 202063,22037.091.99$6,634
Aug 202043,31039.982.39$8,055
Jul 2020144,13138.371.83$8,077
Jun 2020123,95134.901.69$7,097
May 202004,02916.921.81$7,312
Apr 2020123,26714.751.80$6,072
Mar 202085,02830.341.86$9,576
Feb 202074,24549.881.98$8,757
Jan 202062,28257.252.09$5,124
Dec 201962,09459.012.30$5,179
Nov 201962,06055.302.75$5,998
Oct 201972,45153.472.42$6,302
Sep 201972,33955.052.66$6,601
Aug 201981,92653.112.30$4,863
Jul 201952,14056.272.46$5,546
Jun 201952,18152.782.49$5,697
May 201982,14258.482.74$6,338
Apr 201982,12362.632.75$6,341
Mar 201962,20556.803.06$7,093
Feb 201981,92150.852.79$5,771
Jan 201982,10046.033.23$7,147
Dec 201862,21646.594.19$9,554
Nov 201861,96552.934.24$8,644
Oct 201851,71461.443.40$6,132
Sep 201861,85559.543.11$6,123
Aug 201842,36359.403.07$7,484
Jul 201862,30665.142.93$7,152
Jun 201862,26660.183.08$7,333
May 201892,39365.382.90$7,530
Apr 2018102,31263.842.90$7,345
Mar 201862,41761.222.79$7,103
Feb 2018102,22161.782.77$6,761
Jan 201882,48962.874.01$10,482
Dec 2017112,46957.272.92$7,843
Nov 201742,41155.423.12$7,740
Oct 201782,59549.292.98$8,137
Sep 201772,49747.523.09$8,042
Aug 201762,65045.373.00$8,234
Jul 2017162,67043.873.09$8,945
Jun 2017492,51042.493.09$9,831
May 2017502,74145.373.26$11,213
Apr 2017322,61647.933.21$9,935
Mar 2017202,75046.772.98$9,141
Feb 2017242,54450.452.95$8,722
Jan 201702,80449.413.42$9,586
Dec 201602,83548.763.72$10,554
Nov 201602,78842.492.64$7,372
Oct 201602,80246.193.09$8,659
Sep 201602,65341.553.10$8,226
Aug 201602,61341.442.92$7,641
Jul 201602,77741.622.92$8,121
Jun 201602,82845.352.69$7,596
May 201602,81642.521.99$5,607
Apr 201602,53736.561.99$5,051
Mar 201603,16633.011.79$5,680
Feb 201601,67726.472.06$3,461
Jan 201602,46027.352.36$5,816
Dec 201503,02032.362.00$6,044
Nov 201502,79138.792.17$6,049
Oct 201503,46143.552.43$8,398
Sep 201503,08242.992.76$8,501
Aug 201503,13640.162.87$9,008
Jul 201503,23848.152.95$9,536
Jun 201503,44956.152.88$9,943
May 201503,66055.212.96$10,817
Apr 201503,67149.822.71$9,936
Mar 201502,92742.892.93$8,590
Feb 201502,19244.662.98$6,524
Jan 201503,47043.433.10$10,759
Dec 201403,26054.693.59$11,708
Nov 201403,07870.464.25$13,087
Oct 201403,76078.303.90$14,668
Sep 201403,49386.164.05$14,131
Aug 201403,38089.394.04$13,639
Jul 201403,35696.564.18$14,027
Jun 201403,12198.164.74$14,784
May 201403,10094.734.73$14,652
Apr 201403,38295.944.81$16,264
Mar 201403,68895.895.06$18,649
Feb 201402,22897.406.19$13,796
Jan 201403,78390.404.86$18,388
Dec 201303,84791.824.35$16,752
Nov 201303,74488.853.74$13,996
Oct 201303,87397.423.78$14,637
Sep 201303,487104.113.72$12,964
Aug 201303,536104.253.52$12,456
Jul 201303,858102.523.72$14,343
Jun 201303,49494.403.93$13,743
May 201304,51694.834.15$18,737
Apr 201303,84393.964.28$16,458
Mar 201303,00393.623.91$11,750
Feb 201302,49891.233.42$8,543
Jan 201304,72291.603.42$16,149
Dec 201204,71786.773.42$16,133
Nov 201204,07586.953.62$14,772
Oct 201205,90089.383.40$20,058
Sep 201205,19394.672.92$15,155
Aug 201202,83292.662.91$8,236
Jul 201202,88585.133.02$8,715
Jun 2012213,83579.822.52$11,337
May 20121285,86691.612.49$26,323
Apr 20121355,868101.652.00$25,440
Mar 2012932,706105.052.22$15,783
Feb 2012702,606101.102.57$13,775
Jan 2012912,87698.092.73$16,789
Dec 2011512,85496.873.24$14,187
Nov 201103,77695.723.31$12,503
Oct 201104,53284.983.65$16,535
Sep 201105,25883.623.99$20,957
Aug 201105,58983.404.15$23,191
Jul 201105,51894.144.52$24,926
Jun 201102,87792.904.64$13,349
May 201102,89698.134.40$12,756
Apr 201104,660105.964.33$20,193
Mar 201105,77296.364.06$23,419
Feb 201105,59585.644.18$23,387
Jan 201106,49386.504.59$29,795
Dec 201007,59085.734.35$32,999
Nov 201007,80280.843.80$29,611
Oct 201009,11478.103.51$31,980
Sep 2010010,29772.633.98$40,977
Aug 201002,61673.684.42$11,561
Jul 201001,91872.554.74$9,085
Jun 201001,87170.364.91$9,187
May 201005,14871.124.24$21,803
Apr 201001,46981.694.12$6,056
Mar 201001,77378.394.39$7,781
Feb 201001,49773.585.44$8,147
Jan 201001,88874.365.96$11,260
Dec 200951,99971.445.48$11,319
Nov 200922,56574.593.75$9,772
Oct 200922,71672.544.11$11,309
Sep 200922,59365.543.06$8,078
Aug 200922,88467.423.22$9,417
Jul 200923,03561.133.46$10,637
Jun 200902,99766.163.90$11,673
May 200903,17254.743.93$12,452
Apr 200903,09246.773.59$11,093
Mar 200903,36342.144.06$13,650
Feb 200913,23832.814.63$15,034
Jan 200952,86435.865.37$15,562
Dec 200853,27237.105.98$19,743
Nov 200841,89755.496.86$13,236
Oct 200821,03375.246.92$7,301
Sep 200831,331101.767.88$10,790
Aug 200841,784114.228.48$15,591
Jul 200832,483131.0811.39$28,673
Jun 200801,637131.3313.03$21,334
May 200801,862123.1711.57$21,551
Apr 200801,786110.3110.45$18,672
Mar 200801,905101.909.66$18,410
Feb 200801,88092.538.77$16,489
Jan 200861,89390.388.21$16,076
Dec 200751,70788.337.30$12,906
Nov 200741,41891.677.29$10,706
Oct 200731,22482.856.92$8,721
Sep 200731,81175.846.24$11,536
Aug 200741,94869.066.39$12,720
Jul 200772,09270.906.39$13,860
Jun 2007582,37962.007.55$21,554
May 2007542,63758.747.85$23,863
Apr 2007733,09459.617.81$28,501
Mar 2007622,21956.927.30$19,732
Feb 2007963,51355.108.22$34,152
Jan 2007225,32350.306.73$36,914
Dec 2006347,26556.656.92$52,189
Nov 2006385,74854.207.62$45,845
Oct 2006396,58954.906.01$41,766
Sep 2006335,78860.085.04$31,138
Aug 2006416,88068.717.34$53,316
Jul 2006406,16169.376.34$41,853
Jun 200605,59166.286.38$35,692
May 200606,33566.016.42$40,702
Apr 200606,13664.397.36$45,164
Mar 200606,12856.707.08$43,404
Feb 200605,72157.597.75$44,344
Jan 200606,68760.598.93$59,737
Dec 200516,71354.9413.42$90,113
Nov 2005265,65054.6910.59$61,246
Oct 2005215,48258.3413.80$76,854
Sep 2005134,27761.4512.08$52,461
Aug 2005225,18961.519.80$52,189
Jul 2005378,78355.697.84$70,951
Jun 2005207,45952.337.38$56,102
May 2005216,67145.226.65$45,320
Apr 2005278,11649.207.36$61,066
Mar 2005611,48450.377.15$82,469
Feb 2005225,32145.226.31$34,581
Jan 2005408,53643.166.32$55,693
Dec 200411312,20439.866.75$86,894
Nov 20049811,42945.286.33$76,788
Oct 20047410,16949.706.52$69,930
Sep 2004222,10443.245.28$12,069
Aug 20048311,61442.375.55$67,982
Jul 2004213,05138.286.08$19,367
Jun 2004427,63936.106.43$50,658
May 2004357,30937.486.49$48,781
Apr 2004285,27234.475.86$31,851
Mar 2004639,95334.365.53$57,206
Feb 2004468,40932.455.51$47,823
Jan 2004010,09132.036.30$63,570
Dec 2003012,35230.266.30$77,838
Nov 2003012,22028.804.60$56,153
Oct 200308,88928.174.76$42,308
Sep 200301,79726.314.75$8,535
Aug 200306,55429.765.13$33,620
Jul 200306,04029.415.17$31,232
Jun 200306,57028.565.98$39,308
May 200307,10826.595.97$42,454
Apr 200316,45626.675.41$34,936
Mar 2003326,88731.146.10$42,980
Feb 2003286,08833.487.93$49,190
Jan 2003368,81030.315.58$50,269
Dec 2002208,76226.914.85$43,067
Nov 20022512,58824.664.14$52,693
Oct 20022613,79926.464.23$59,046
Sep 20022414,07927.443.64$51,839
Aug 20022817,52625.963.16$56,182
Jul 2002179,84324.583.06$30,555
Jun 2002012,03823.733.34$40,186
May 200209,68824.663.58$34,722
Apr 2002014,06223.653.51$49,390
Mar 2002012,78322.003.10$39,662
Feb 2002019,08218.222.38$45,333
Jan 2002010,37617.172.38$24,650
Dec 2001015,79716.932.36$37,350
Nov 2001014,30218.072.41$34,404
Oct 2001016,81119.782.53$42,513
Sep 2001019,70324.262.25$44,358
Aug 2001024,15124.873.05$73,737
Jul 20016617,19223.933.20$56,544
Jun 20015917,98024.563.82$70,207
May 20014818,15625.524.31$79,429
Apr 20015317,27724.685.34$93,486
Mar 20014719,43824.545.38$105,661
Feb 20014523,76727.755.77$138,315
Jan 2001025,94827.478.40$217,931
Dec 2000031,90326.889.12$291,035
Nov 2000030,40532.215.66$172,031
Oct 2000033,22931.235.15$170,980
Sep 2000036,31631.875.19$188,353
Aug 2000036,62929.644.54$166,323
Jul 2000042,21228.534.09$172,637
Jun 2000048,39429.304.40$212,801
May 2000054,36627.263.68$200,053
Apr 2000067,92324.513.12$211,648
Mar 2000064,30428.422.86$183,893
Feb 200008,23227.622.73$22,445
Jan 2000015,72725.272.48$39,011
Dec 1999021,11924.282.42$51,187
Nov 1999020,74623.192.43$50,496
Oct 1999115,47520.982.80$43,408
Sep 19991226,13821.752.62$68,713
Aug 19991537,27319.262.88$107,471
Jul 19992347,40517.892.37$112,874
Jun 19991732,09415.942.36$76,080
May 19994267,80715.792.32$158,045
Apr 199920757,59215.102.21$130,292
Mar 199922391,02212.471.84$170,109
Feb 1999267109,6739.981.82$202,027
Jan 1999753147,62510.381.90$288,296
Dec 19981,101177,6219.201.77$325,108
Nov 19981,128216,10310.892.19$484,625
Oct 19981,302278,50812.421.97$564,612
Sep 19981,292379,87512.592.08$807,402
Aug 19981,818601,19411.301.91$1,167,231
Jul 19981,467111,90111.742.24$267,575

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             5 bbl  × $106.41 =       $532
Gas                2,160 Mcf  × $  3.05 =     $6,579

────────────────────────────────────────────────────
Month total                                   $7,111

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/170548 is the state's own key, not one this site invented.