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 172301District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.3 M
Dec 1998 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
330
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 Gas111999-06-04140618
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
CondensateDisposition1,261 bbl$80,539
GasProduction5,130,937 Mcf$17,246,252
Total$17,326,792

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 27.4323, -99.1464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43234, -99.14637 · 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
10,710 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 10,710 ft.

Completions filed
Dec 1998
1 of 1 wells

1 well

42-4793712210010,710 ftDec 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 (330)

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

330 months

May 20262632106.413.05$2,138
Apr 2026359498.932.87$2,001
Mar 2026259189.753.15$2,041
Feb 2026153963.503.75$2,085
Jan 2026160559.138.00$4,898
Dec 2025155156.664.41$2,488
Nov 2025363858.593.93$2,681
Oct 2025165559.383.30$2,224
Sep 2025281662.743.08$2,636
Aug 202511,15763.933.01$3,552
Jul 2025486866.743.32$3,145
Jun 2025083066.483.13$2,597
May 2025495560.553.23$3,329
Apr 202531,07862.363.54$4,007
Mar 202531,07067.704.27$4,770
Feb 2025291670.884.34$4,118
Jan 202541,04174.324.28$4,751
Dec 202441,08168.993.12$3,650
Nov 202421,16669.052.20$2,701
Oct 202441,31771.372.28$3,290
Sep 202421,20769.612.36$2,993
Aug 202431,27775.632.06$2,862
Jul 202431,00679.932.15$2,399
Jun 202451,27078.082.63$3,736
May 202441,99978.812.20$4,710
Apr 202461,85184.451.66$3,578
Mar 202462,01780.301.55$3,598
Feb 202481,84376.091.78$3,896
Jan 202441,97873.023.30$6,815
Dec 202371,90271.262.61$5,464
Nov 202321,85977.892.81$5,375
Oct 202381,94585.443.09$6,688
Sep 202342,02189.042.74$5,884
Aug 202342,30180.522.67$6,472
Jul 202362,43674.852.64$6,885
Jun 202342,53368.962.26$5,997
May 2023112,63170.622.23$6,637
Apr 202392,58878.122.24$6,494
Mar 2023122,82572.852.39$7,635
Feb 202372,68875.112.47$7,154
Jan 202392,98976.533.39$10,815
Dec 2022132,70676.415.73$16,496
Nov 2022112,96585.005.65$17,676
Oct 2022133,15287.185.86$19,616
Sep 202233,37984.888.16$27,840
Aug 202293,88794.529.13$36,328
Jul 2022164,063101.587.54$32,269
Jun 202294,047115.097.98$33,320
May 2022104,510109.378.43$39,127
Apr 2022134,311104.226.84$30,832
Mar 2022124,067108.885.08$21,952
Feb 202293,47791.054.86$17,714
Jan 2022124,66781.844.54$22,159
Dec 2021205,39071.323.90$22,443
Nov 2021115,71177.435.24$30,759
Oct 2021206,52879.795.71$38,896
Sep 202166,46269.865.35$34,997
Aug 2021162366.024.22$2,695
Jul 2021162670.783.98$2,564
Jun 2021060269.493.38$2,035
May 2021260263.483.02$1,944
Apr 2021256160.362.76$1,668
Mar 2021260361.302.72$1,761
Feb 2021154957.805.55$3,104
Jan 2021163750.412.81$1,841
Dec 2020163244.642.68$1,736
Nov 2020262238.772.71$1,761
Oct 2020161636.972.48$1,564
Sep 2020047137.091.99$938
Aug 2020156839.982.39$1,395
Jul 2020257038.371.83$1,117
Jun 2020262534.901.69$1,126
May 2020076116.921.81$1,381
Apr 2020378314.751.80$1,457
Mar 2020180930.341.86$1,532
Feb 2020076049.881.98$1,505
Jan 2020382757.252.09$1,904
Dec 2019282859.012.30$2,026
Nov 2019382455.302.75$2,432
Oct 2019391853.472.42$2,381
Sep 201931,22955.052.66$3,431
Aug 2019370153.112.30$1,775
Jul 2019277156.272.46$2,009
Jun 2019279852.782.49$2,094
May 2019387058.482.74$2,560
Apr 2019382862.632.75$2,465
Mar 2019190556.803.06$2,828
Feb 2019470250.852.79$2,164
Jan 2019597546.033.23$3,378
Dec 201841,33446.594.19$5,770
Nov 201841,12752.934.24$4,987
Oct 201841,26661.443.40$4,548
Sep 201851,56059.543.11$5,146
Aug 201831,99859.403.07$6,305
Jul 2018010465.142.93$305
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201703549.292.98$104
Sep 201704147.523.09$127
Aug 201701845.373.00$54
Jul 20171046343.873.09$1,868
Jun 2017143,61942.493.09$11,768
May 2017154,11845.373.26$14,119
Apr 2017133,96947.933.21$13,370
Mar 201794,07546.772.98$12,579
Feb 201793,62550.452.95$11,157
Jan 2017113,89749.413.42$13,867
Dec 2016113,80848.763.72$14,713
Nov 201683,78142.492.64$10,338
Oct 2016113,63846.193.09$11,750
Sep 201673,83641.553.10$12,185
Aug 201693,95541.442.92$11,939
Jul 201673,93941.622.92$11,810
Jun 2016123,81545.352.69$10,791
May 201663,17542.521.99$6,577
Apr 2016133,61936.561.99$7,681
Mar 201693,34733.011.79$6,302
Feb 2016103,52226.472.06$7,533
Jan 201633,89227.352.36$9,284
Dec 201503,74632.362.00$7,497
Nov 201503,57838.792.17$7,755
Oct 201504,17543.552.43$10,131
Sep 201503,97542.992.76$10,965
Aug 201504,03440.162.87$11,588
Jul 201503,79348.152.95$11,171
Jun 201503,91756.152.88$11,292
May 201503,71155.212.96$10,968
Apr 201503,62549.822.71$9,811
Mar 201503,61442.892.93$10,606
Feb 201502,74844.662.98$8,179
Jan 201502,96943.433.10$9,206
Dec 201403,37254.693.59$12,110
Nov 201403,39370.464.25$14,426
Oct 201403,45378.303.90$13,470
Sep 201403,88886.164.05$15,729
Aug 201404,52489.394.04$18,255
Jul 201404,59396.564.18$19,197
Jun 201404,39298.164.74$20,804
May 201403,63994.734.73$17,200
Apr 201403,34495.944.81$16,082
Mar 201403,50595.895.06$17,724
Feb 201403,35897.406.19$20,793
Jan 201404,05090.404.86$19,686
Dec 201304,52691.824.35$19,708
Nov 201305,05488.853.74$18,893
Oct 201305,03697.423.78$19,033
Sep 201303,727104.113.72$13,856
Aug 201303,838104.253.52$13,520
Jul 201304,559102.523.72$16,949
Jun 201304,65194.403.93$18,294
May 201305,23794.834.15$21,729
Apr 201305,49793.964.28$23,541
Mar 201305,60693.623.91$21,936
Feb 201304,25691.233.42$14,555
Jan 201303,88891.603.42$13,297
Dec 201203,56986.773.42$12,207
Nov 201203,92886.953.62$14,239
Oct 201201,04089.383.40$3,536
Sep 201201,70194.672.92$4,964
Aug 201205,09892.662.91$14,826
Jul 201205,65785.133.02$17,089
Jun 201205,18179.822.52$13,051
May 201205,24591.612.49$13,051
Apr 201205,274101.652.00$10,531
Mar 201205,550105.052.22$12,333
Feb 201205,484101.102.57$14,095
Jan 201205,98998.092.73$16,374
Dec 2011145,52096.873.24$19,240
Nov 2011534,39395.723.31$19,620
Oct 2011464,06784.983.65$18,748
Sep 2011304,53583.623.99$20,584
Aug 2011394,81383.404.15$23,223
Jul 2011405,80894.144.52$30,002
Jun 2011135,49192.904.64$26,685
May 201104,30098.134.40$18,941
Apr 201104,402105.964.33$19,075
Mar 201104,31096.364.06$17,487
Feb 201103,85585.644.18$16,114
Jan 201104,77986.504.59$21,930
Dec 201005,00085.734.35$21,739
Nov 201005,37680.843.80$20,404
Oct 201005,78478.103.51$20,295
Sep 201005,43872.633.98$21,640
Aug 201006,80173.684.42$30,056
Jul 201008,67172.554.74$41,070
Jun 201001,76270.364.91$8,652
May 201002,23371.124.24$9,457
Apr 201004,58181.694.12$18,886
Mar 201006,35178.394.39$27,872
Feb 201005,63373.585.44$30,657
Jan 201006,80474.365.96$40,580
Dec 200907,19971.445.48$39,478
Nov 200907,01274.593.75$26,306
Oct 200907,66772.544.11$31,513
Sep 200906,73765.543.06$20,647
Aug 200906,50067.423.22$20,920
Jul 200906,57961.133.46$22,793
Jun 2009126,97866.163.90$27,973
May 2009737,72154.743.93$34,307
Apr 2009887,79846.773.59$32,091
Mar 2009758,47942.144.06$37,577
Feb 2009315,32032.814.63$25,665
Jan 2009556,60235.865.37$37,432
Dec 2008455,64637.105.98$35,416
Nov 200805,76555.496.86$39,550
Oct 200805,30275.246.92$36,700
Sep 200806,158101.767.88$48,507
Aug 200807,870114.228.48$66,761
Jul 200804,000131.0811.39$45,558
Jun 200801,621131.3313.03$21,126
May 200801,771123.1711.57$20,498
Apr 200802,210110.3110.45$23,105
Mar 200801,415101.909.66$13,675
Feb 200801,82892.538.77$16,033
Jan 200802,71090.388.21$22,238
Dec 200702,11788.337.30$15,458
Nov 200702,64791.677.29$19,301
Oct 200704,30882.856.92$29,820
Sep 200704,10075.846.24$25,601
Aug 200705,66469.066.39$36,181
Jul 200704,60770.906.39$29,429
Jun 200703,89562.007.55$29,401
May 200704,36858.747.85$34,273
Apr 200703,65259.617.81$28,505
Mar 200705,45656.927.30$39,840
Feb 200704,76055.108.22$39,108
Jan 200705,64350.306.73$37,960
Dec 200606,97656.656.92$48,263
Nov 200607,51554.207.62$57,245
Oct 200607,87754.906.01$47,371
Sep 200607,75160.085.04$39,043
Aug 200608,59568.717.34$63,087
Jul 200609,11469.376.34$57,808
Jun 200608,41466.286.38$53,714
May 200608,90266.016.42$57,195
Apr 200607,11864.397.36$52,392
Mar 200609,08556.707.08$64,348
Feb 200607,93657.597.75$61,513
Jan 2006010,72160.598.93$95,774
Dec 2005011,13254.9413.42$149,340
Nov 2005010,41554.6910.59$110,278
Oct 2005011,26058.3413.80$155,340
Sep 200508,63561.4512.08$104,302
Aug 2005010,44261.519.80$102,299
Jul 2005710,98555.697.84$86,552
Jun 2005011,06952.337.38$81,701
May 2005010,51145.226.65$69,910
Apr 2005011,50749.207.36$84,697
Mar 2005012,66350.377.15$90,602
Feb 2005011,76945.226.31$74,285
Jan 2005012,87843.166.32$81,417
Dec 2004211,54339.866.75$78,007
Nov 2004312,65145.286.33$80,222
Oct 2004314,24449.706.52$92,950
Sep 200429,72343.245.28$51,462
Aug 2004213,72842.375.55$76,284
Jul 2004314,19438.286.08$86,474
Jun 2004014,45636.106.43$92,996
May 2004014,81737.486.49$96,230
Apr 2004015,06434.475.86$88,252
Mar 2004017,34734.365.53$95,931
Feb 2004010,59732.455.51$58,385
Jan 2004016,11932.036.30$101,544
Dec 2003016,88430.266.30$106,397
Nov 2003016,59928.804.60$76,275
Oct 2003016,33028.174.76$77,725
Sep 2003017,81626.314.75$84,615
Aug 2003019,54929.765.13$100,281
Jul 2003020,82329.415.17$107,672
Jun 2003018,13428.565.98$108,495
May 2003023,49726.595.97$140,340
Apr 2003019,19026.675.41$103,766
Mar 200306,72131.146.10$40,971
Feb 200306,94533.487.93$55,045
Jan 2003011,99530.315.58$66,957
Dec 2002021,33426.914.85$103,550
Nov 2002023,47124.664.14$97,099
Oct 2002024,04726.464.23$101,698
Sep 2002026,50327.443.64$96,344
Aug 2002030,09025.963.16$95,210
Jul 2002030,50424.583.06$93,396
Jun 2002030,05123.733.34$100,317
May 2002033,59224.663.58$120,394
Apr 2002035,04823.653.51$123,100
Mar 2002039,43522.003.10$122,356
Feb 2002034,31118.222.38$81,512
Jan 2002039,01617.172.38$92,690
Dec 2001043,17216.932.36$102,076
Nov 2001045,26718.072.41$108,891
Oct 2001034,95019.782.53$88,384
Sep 2001051,60924.262.25$116,188
Aug 2001022,19924.873.05$67,777
Jul 2001014,49823.933.20$46,351
Jun 2001019,41524.563.82$74,246
May 2001023,84325.524.31$102,699
Apr 2001010,74424.685.34$57,323
Mar 2001018,98824.545.38$102,088
Feb 2001016,48427.755.77$95,065
Jan 2001028,03627.478.40$235,468
Dec 2000022,51526.889.12$205,393
Nov 2000020,84032.215.66$117,913
Oct 2000037,31431.235.15$191,999
Sep 2000038,35131.875.19$198,907
Aug 2000045,72829.644.54$207,639
Jul 2000046,54228.534.09$190,345
Jun 2000052,32029.304.40$230,064
May 2000064,95027.263.68$239,000
Apr 2000056,53224.513.12$176,154
Mar 2000063,76828.422.86$182,361
Feb 2000055,03027.622.73$150,039
Jan 2000078,57325.272.48$194,900
Dec 1999092,12124.282.42$223,276
Nov 1999091,55723.192.43$222,849
Oct 19990106,42220.982.80$298,376
Sep 19990111,41321.752.62$291,774
Aug 19990128,86319.262.88$370,558
Jul 19990146,74617.892.37$348,136
Jun 19990160,35515.942.36$378,775
May 19990190,31215.792.32$441,718
Apr 19990213,70915.102.21$471,880
Mar 19990251,94012.471.84$463,149
Feb 19990282,4249.981.82$513,388
Jan 19990384,78810.381.90$731,078
Dec 19980368,8229.201.77$654,039

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                  632 Mcf  × $  3.05 =     $1,925

────────────────────────────────────────────────────
Month total                                   $2,138

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/172301 is the state's own key, not one this site invented.