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 171786District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.2 M
Nov 1998 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
331
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 Gas111999-03-16140196
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
CondensateDisposition36,647 bbl$1,288,748
GasProduction6,681,044 Mcf$26,918,504
Total$28,207,252

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 27.4446, -99.1383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44465, -99.13826 · 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
10,850 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 10,850 ft.

Completions filed
Nov 1998
1 of 1 wells

1 well

42-479370618610,850 ftNov 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 (331)

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

331 months

May 20262951106.413.05$3,109
Apr 2026489798.932.87$2,970
Mar 2026290689.753.15$3,033
Feb 2026280663.503.75$3,150
Jan 2026187859.138.00$7,081
Dec 2025189956.664.41$4,024
Nov 2025389158.593.93$3,674
Oct 2025293159.383.30$3,196
Sep 2025291462.743.08$2,938
Aug 2025195163.933.01$2,931
Jul 2025494866.743.32$3,410
Jun 2025090666.483.13$2,835
May 2025393860.553.23$3,214
Apr 2025292162.363.54$3,388
Mar 2025294867.704.27$4,182
Feb 2025285570.884.34$3,853
Jan 2025393674.324.28$4,228
Dec 2024395268.993.12$3,179
Nov 2024293169.052.20$2,185
Oct 2024397471.372.28$2,436
Sep 2024294269.612.36$2,366
Aug 2024292675.632.06$2,062
Jul 2024284979.932.15$1,982
Jun 2024288178.082.63$2,477
May 2024291678.812.20$2,171
Apr 2024287284.451.66$1,616
Mar 2024292480.301.55$1,588
Feb 2024480976.091.78$1,747
Jan 2024285173.023.30$2,952
Dec 202341,00971.262.61$2,919
Nov 2023186077.892.81$2,492
Oct 2023296485.443.09$3,147
Sep 202321,01189.042.74$2,943
Aug 202321,13080.522.67$3,181
Jul 202321,08774.852.64$3,021
Jun 202321,05168.962.26$2,512
May 202331,08570.622.23$2,629
Apr 202341,06478.122.24$2,693
Mar 202351,12672.852.39$3,059
Feb 202331,00575.112.47$2,703
Jan 202341,11076.533.39$4,066
Dec 202241,24076.415.73$7,410
Nov 202231,11685.005.65$6,556
Oct 202251,13887.185.86$7,109
Sep 202211,09984.888.16$9,057
Aug 202231,14794.529.13$10,752
Jul 202241,240101.587.54$9,759
Jun 202231,155115.097.98$9,559
May 202221,201109.378.43$10,347
Apr 202231,105104.226.84$7,868
Mar 202241,280108.885.08$6,933
Feb 202231,15591.054.86$5,885
Jan 202231,12381.844.54$5,341
Dec 202141,17871.323.90$4,878
Nov 202131,14677.435.24$6,234
Oct 202131,20679.795.71$7,130
Sep 202131,19469.865.35$6,599
Aug 202131,24966.024.22$5,470
Jul 202141,24770.783.98$5,249
Jun 202121,17069.493.38$4,094
May 202141,21563.483.02$3,920
Apr 202141,29160.362.76$3,803
Mar 202151,37061.302.72$4,029
Feb 202121,08457.805.55$6,130
Jan 202131,21150.412.81$3,554
Dec 202031,22244.642.68$3,403
Nov 202041,18938.772.71$3,373
Oct 202041,24236.972.48$3,226
Sep 202031,19437.091.99$2,489
Aug 202021,55739.982.39$3,794
Jul 202051,29838.371.83$2,561
Jun 202031,25234.901.69$2,221
May 202001,21016.921.81$2,196
Apr 202061,50614.751.80$2,806
Mar 202041,56130.341.86$3,019
Feb 202041,19749.881.98$2,570
Jan 202051,51757.252.09$3,464
Dec 201951,41359.012.30$3,551
Nov 201941,34555.302.75$3,921
Oct 201951,38953.472.42$3,627
Sep 201961,53855.052.66$4,417
Aug 201961,48953.112.30$3,750
Jul 201941,52856.272.46$3,984
Jun 201941,54252.782.49$4,053
May 201961,60458.482.74$4,746
Apr 201961,65962.632.75$4,939
Mar 201951,66856.803.06$5,392
Feb 201961,49650.852.79$4,482
Jan 201971,67646.033.23$5,733
Dec 201861,81146.594.19$7,859
Nov 201851,77452.934.24$7,782
Oct 201851,64661.443.40$5,900
Sep 201851,54459.543.11$5,096
Aug 201841,24859.403.07$4,065
Jul 201862,15665.142.93$6,712
Jun 201893,61660.183.08$11,668
May 2018133,82565.382.90$11,946
Apr 2018173,65363.842.90$11,682
Mar 201883,82561.222.79$11,149
Feb 2018143,32461.782.77$10,060
Jan 2018123,58262.874.01$15,116
Dec 2017173,94557.272.92$12,499
Nov 201763,96655.423.12$12,700
Oct 2017124,03049.292.98$12,616
Sep 2017123,90347.523.09$12,620
Aug 2017124,19745.373.00$13,154
Jul 2017383,97843.873.09$13,948
Jun 20171403,90042.493.09$17,989
May 20171433,98945.373.26$19,506
Apr 20171133,81447.933.21$17,665
Mar 2017763,43446.772.98$13,800
Feb 2017813,20650.452.95$13,552
Jan 2017743,19549.413.42$14,579
Dec 2016632,98048.763.72$14,166
Nov 2016523,08342.492.64$10,362
Oct 2016683,90746.193.09$15,215
Sep 2016433,45941.553.10$12,512
Aug 2016513,09241.442.92$11,156
Jul 2016423,71541.622.92$12,612
Jun 2016743,71445.352.69$13,331
May 2016423,81942.521.99$9,390
Apr 2016863,74336.561.99$10,597
Mar 2016643,90333.011.79$9,115
Feb 2016943,72526.472.06$10,175
Jan 20161713,98527.352.36$14,099
Dec 20151234,24832.362.00$12,482
Nov 20151234,07038.792.17$13,592
Oct 20151554,41943.552.43$17,473
Sep 20151164,12542.992.76$16,365
Aug 20151754,45340.162.87$19,819
Jul 2015754,53248.152.95$16,958
Jun 2015364,19056.152.88$14,101
May 201504,97455.212.96$14,700
Apr 201504,07249.822.71$11,021
Mar 201504,03742.892.93$11,847
Feb 201504,09644.662.98$12,190
Jan 201503,58743.433.10$11,122
Dec 201403,17354.693.59$11,395
Nov 201404,29270.464.25$18,249
Oct 201403,60978.303.90$14,079
Sep 201402,55586.164.05$10,336
Aug 201402,09989.394.04$8,470
Jul 201402,44596.564.18$10,219
Jun 201442,99298.164.74$14,565
May 2014353,87194.734.73$21,612
Apr 2014193,41695.944.81$18,251
Mar 2014224,03495.895.06$22,509
Feb 2014234,11597.406.19$27,720
Jan 2014534,56590.404.86$26,980
Dec 2013143,91591.824.35$18,333
Nov 201304,61688.853.74$17,256
Oct 201305,56097.423.78$21,013
Sep 201305,535104.113.72$20,578
Aug 201304,771104.253.52$16,806
Jul 201305,759102.523.72$21,410
Jun 2013175,09694.403.93$21,649
May 20131214,18694.834.15$28,842
Apr 20131494,98793.964.28$35,357
Mar 20131927,28593.623.91$46,480
Feb 20132176,28691.233.42$41,294
Jan 20131946,91991.603.42$41,433
Dec 20122608,19186.773.42$50,575
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120279.822.52$5
May 20120091.612.49$0
Apr 20120162101.652.00$323
Mar 201202,488105.052.22$5,529
Feb 201203,194101.102.57$8,209
Jan 201202,28998.092.73$6,258
Dec 2011251,93096.873.24$8,674
Nov 2011931,63995.723.31$14,329
Oct 2011821,33784.983.65$11,846
Sep 2011963,00783.623.99$20,013
Aug 20111213,24783.404.15$23,564
Jul 20111013,17794.144.52$23,859
Jun 201113,17892.904.64$14,838
May 201113,68698.134.40$16,334
Apr 201123,414105.964.33$15,006
Mar 201124,16596.364.06$17,092
Feb 201113,89985.644.18$16,383
Jan 201104,98186.504.59$22,857
Dec 201005,85685.734.35$25,460
Nov 201006,05480.843.80$22,977
Oct 201003,87378.103.51$13,590
Sep 201001,93172.633.98$7,684
Aug 201008,50673.684.42$37,591
Jul 201008,63372.554.74$40,890
Jun 201008,01570.364.91$39,357
May 201008,77471.124.24$37,160
Apr 201008,56681.694.12$35,315
Mar 2010010,67478.394.39$46,845
Feb 2010011,43273.585.44$62,217
Jan 2010011,75974.365.96$70,132
Dec 2009012,51471.445.48$68,624
Nov 2009011,96274.593.75$44,875
Oct 2009013,23272.544.11$54,387
Sep 2009012,56965.543.06$38,521
Aug 2009013,78067.423.22$44,351
Jul 2009013,62261.133.46$47,193
Jun 20091414,25866.163.90$56,461
May 20098514,28654.743.93$60,736
Apr 20099713,50246.773.59$52,975
Mar 20098714,60242.144.06$62,936
Feb 20094713,31532.814.63$63,230
Jan 20098014,55235.865.37$81,028
Dec 20088115,00337.105.98$92,680
Nov 200810713,23555.496.86$96,734
Oct 200810214,94475.246.92$111,117
Sep 200813314,325101.767.88$126,373
Aug 200810515,311114.228.48$141,877
Jul 20086716,591131.0811.39$197,744
Jun 20081913,082131.3313.03$172,988
May 2008016,351123.1711.57$189,251
Apr 2008015,931110.3110.45$166,556
Mar 2008016,482101.909.66$159,283
Feb 2008015,51092.538.77$136,032
Jan 2008016,22190.388.21$133,105
Dec 2007417,62588.337.30$129,051
Nov 200711818,33591.677.29$144,510
Oct 20077714,90882.856.92$109,572
Sep 20076517,47675.846.24$114,053
Aug 20077017,83569.066.39$118,763
Jul 20077618,10270.906.39$121,023
Jun 20078517,25662.007.55$135,526
May 200711819,43358.747.85$159,408
Apr 200712317,10659.617.81$140,848
Mar 200713817,46856.927.30$135,406
Feb 200714416,75155.108.22$145,561
Jan 200713818,66850.306.73$132,518
Dec 200617721,46756.656.92$158,545
Nov 200616513,84154.207.62$114,377
Oct 200617416,31854.906.01$107,686
Sep 200617417,08560.085.04$96,514
Aug 200618417,44468.717.34$140,680
Jul 2006020,06869.376.34$127,287
Jun 2006020,41266.286.38$130,308
May 2006019,97366.016.42$128,327
Apr 2006017,88464.397.36$131,635
Mar 2006020,84656.707.08$147,651
Feb 2006019,11957.597.75$148,194
Jan 2006022,43260.598.93$200,392
Dec 2005622,58754.9413.42$303,343
Nov 200518422,47054.6910.59$247,984
Oct 200515823,41158.3413.80$332,190
Sep 200510619,38261.4512.08$240,629
Aug 200517023,68461.519.80$242,485
Jul 200518023,95155.697.84$197,887
Jun 200521823,56452.337.38$185,335
May 200528326,00645.226.65$185,767
Apr 200529324,79049.207.36$196,882
Mar 20055325,80550.377.15$187,301
Feb 200532623,66145.226.31$164,088
Jan 200517125,82043.166.32$170,620
Dec 200435528,06439.866.75$203,613
Nov 200432027,63745.286.33$189,443
Oct 200428628,41749.706.52$199,354
Sep 200432130,46843.245.28$174,870
Aug 200432131,40042.375.55$187,891
Jul 200439633,59138.286.08$219,533
Jun 200453341,12336.106.43$283,786
May 200425015,64837.486.49$110,997
Apr 200424613,76734.475.86$89,133
Mar 200462528,85834.365.53$181,064
Feb 200462633,90032.455.51$207,090
Jan 200471034,45732.036.30$239,808
Dec 200354227,86330.266.30$191,984
Nov 200341827,90728.804.60$140,276
Oct 200334824,64128.174.76$127,085
Sep 200338827,39226.314.75$140,303
Aug 200338729,02829.765.13$160,423
Jul 200347528,73529.415.17$162,554
Jun 200349228,95328.565.98$187,276
May 200356632,49426.595.97$209,126
Apr 200345024,78726.675.41$146,032
Mar 200364330,54231.146.10$206,208
Feb 200355427,28433.487.93$234,798
Jan 200358831,74730.315.58$195,035
Dec 200251130,82726.914.85$163,378
Nov 200242329,68724.664.14$133,245
Oct 200245233,21126.464.23$152,413
Sep 200240833,25127.443.64$132,070
Aug 200238133,35625.963.16$115,434
Jul 200238231,57824.583.06$106,074
Jun 2002034,67723.733.34$115,760
May 2002036,38324.663.58$130,397
Apr 2002037,18623.653.51$130,609
Mar 2002040,17622.003.10$124,655
Feb 2002034,70918.222.38$82,457
Jan 2002039,71917.172.38$94,360
Dec 2001043,43016.932.36$102,686
Nov 2001043,72618.072.41$105,184
Oct 2001046,93819.782.53$118,701
Sep 2001046,14424.262.25$103,885
Aug 2001049,63224.873.05$151,534
Jul 2001048,64023.933.20$155,506
Jun 2001547,98024.563.82$183,606
May 200134049,40125.524.31$221,463
Apr 200138147,87524.685.34$264,832
Mar 200132451,16524.545.38$283,037
Feb 200122044,54027.755.77$262,971
Jan 200125354,00827.478.40$460,550
Dec 2000059,99026.889.12$547,259
Nov 2000057,40132.215.66$324,775
Oct 2000066,25831.235.15$340,931
Sep 2000065,46331.875.19$339,524
Aug 2000072,87829.644.54$330,921
Jul 20001476,05328.534.09$311,437
Jun 200046276,35329.304.40$349,280
May 200058081,88527.263.68$317,127
Apr 200063984,50924.513.12$278,992
Mar 200078090,68228.422.86$281,495
Feb 200076683,86027.622.73$249,801
Jan 20001,08193,08725.272.48$258,219
Dec 199956106,94224.282.42$260,557
Nov 199970105,41623.192.43$258,205
Oct 199979117,32120.982.80$330,591
Sep 1999549120,05821.752.62$326,355
Aug 1999610134,02319.262.88$397,145
Jul 1999774146,35017.892.37$361,043
Jun 1999769155,11215.942.36$378,648
May 1999860179,53115.792.32$430,274
Apr 1999102192,47615.102.21$426,537
Mar 1999846223,60112.471.84$421,602
Feb 1999832235,1349.981.82$435,728
Jan 1999805319,89110.381.90$616,133
Dec 1998920394,5959.201.77$708,207
Nov 199832269,78410.892.19$156,035

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                  951 Mcf  × $  3.05 =     $2,897

────────────────────────────────────────────────────
Month total                                   $3,109

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/171786 is the state's own key, not one this site invented.