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 172473District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.0 M
Jan 1999 – Sep 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
321
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 Gas111999-06-04140626
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
CondensateDisposition1,402 bbl$76,763
GasProduction5,011,463 Mcf$21,901,723
Total$21,978,486

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 27.3515, -99.1877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35154, -99.18773 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,700 ft
1 wells filed one
Completion to plug
26.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,700 ft.

Completions filed
Jan 1999
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479371329911,700 ftJan 1999Oct 2025Yes

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 (321)

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

321 months

Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201901146.033.23$36
Dec 201801446.594.19$59
Nov 20180052.934.24$0
Oct 20180261.443.40$7
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201801365.382.90$38
Apr 201802363.842.90$67
Mar 201802861.222.79$78
Feb 201802661.782.77$72
Jan 201802362.874.01$92
Dec 201701757.272.92$50
Nov 201701855.423.12$56
Oct 20170249.292.98$6
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017148746.772.98$1,500
Feb 201711,41050.452.95$4,214
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016136842.492.64$1,016
Oct 201641,75246.193.09$5,599
Sep 201644,45541.553.10$13,980
Aug 201645,92441.442.92$17,490
Jul 201606,70041.622.92$19,593
Jun 201634,37045.352.69$11,873
May 201635,52142.521.99$11,120
Apr 201625,32336.561.99$10,671
Mar 201617,39333.011.79$13,296
Feb 201685,40426.472.06$11,364
Jan 2016136,75427.352.36$16,324
Dec 201507,78032.362.00$15,571
Nov 201507,55638.792.17$16,376
Oct 201508,62843.552.43$20,937
Sep 201507,34842.992.76$20,269
Aug 201505,17940.162.87$14,877
Jul 201507,36148.152.95$21,679
Jun 201507,74356.152.88$22,322
May 201506,82855.212.96$20,180
Apr 201509,53449.822.71$25,804
Mar 2015010,03142.892.93$29,438
Feb 201506,76544.662.98$20,134
Jan 201508,72443.433.10$27,050
Dec 201409,21354.693.59$33,087
Nov 201409,72670.464.25$41,353
Oct 201409,18978.303.90$35,846
Sep 2014010,34286.164.05$41,838
Aug 201408,05989.394.04$32,519
Jul 201409,45796.564.18$39,526
Jun 201409,17898.164.74$43,475
May 2014010,29494.734.73$48,655
Apr 201408,22395.944.81$39,545
Mar 2014011,34795.895.06$57,380
Feb 2014010,09697.406.19$62,514
Jan 201409,65190.404.86$46,911
Dec 2013012,14891.824.35$52,898
Nov 2013011,52988.853.74$43,099
Oct 201305,12397.423.78$19,362
Sep 2013011,238104.113.72$41,780
Aug 2013010,555104.253.52$37,181
Jul 2013011,600102.523.72$43,126
Jun 2013011,69794.403.93$46,009
May 2013011,58594.834.15$48,067
Apr 201307,74393.964.28$33,160
Mar 201308,20593.623.91$32,105
Feb 201309,62391.233.42$32,910
Jan 2013013,71291.603.42$46,894
Dec 2012014,79386.773.42$50,594
Nov 201205,27786.953.62$19,129
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201109995.723.31$328
Oct 201103,32384.983.65$12,124
Sep 201103,00183.623.99$11,961
Aug 201103,16183.404.15$13,116
Jul 201106,99594.144.52$31,598
Jun 201107,76192.904.64$36,010
May 201108,40198.134.40$37,005
Apr 201108,306105.964.33$35,992
Mar 201108,83496.364.06$35,843
Feb 201102,40585.644.18$10,053
Jan 2011010,10086.504.59$46,347
Dec 201007,63885.734.35$33,208
Nov 20100080.843.80$0
Oct 201004978.103.51$172
Sep 201004,24872.633.98$16,905
Aug 201005,92673.684.42$26,189
Jul 2010012,41872.554.74$58,818
Jun 2010013,83570.364.91$67,935
May 2010015,17771.124.24$64,278
Apr 2010010,84981.694.12$44,727
Mar 2010010,11778.394.39$44,400
Feb 201006,86873.585.44$37,378
Jan 2010012,65574.365.96$75,476
Dec 2009015,58471.445.48$85,459
Nov 2009014,52374.593.75$54,483
Oct 2009012,21972.544.11$50,223
Sep 2009011,81765.543.06$36,216
Aug 2009014,89167.423.22$47,927
Jul 2009013,88961.133.46$48,118
Jun 2009010,20766.163.90$39,756
May 2009013,73854.743.93$53,932
Apr 2009010,88646.773.59$39,054
Mar 2009014,10842.144.06$57,264
Feb 2009012,22232.814.63$56,625
Jan 2009012,58635.865.37$67,599
Dec 2008014,58537.105.98$87,177
Nov 2008014,51755.496.86$99,592
Oct 2008015,52175.246.92$107,436
Sep 2008814,494101.767.88$114,985
Aug 2008015,514114.228.48$131,606
Jul 20083916,877131.0811.39$197,332
Jun 20084016,642131.3313.03$222,142
May 2008014,170123.1711.57$164,008
Apr 20087014,552110.3110.45$159,861
Mar 2008020,221101.909.66$195,417
Feb 20082311,92192.538.77$106,682
Jan 2008013,95390.388.21$114,495
Dec 2007017,21988.337.30$125,733
Nov 2007013,68091.677.29$99,750
Oct 2007017,85982.856.92$123,620
Sep 2007018,63375.846.24$116,347
Aug 2007216,59469.066.39$106,140
Jul 20072416,75570.906.39$108,732
Jun 20072515,86062.007.55$121,268
May 20072417,94458.747.85$142,203
Apr 20072516,07159.617.81$126,928
Mar 20073017,26156.927.30$127,747
Feb 20072816,61455.108.22$138,043
Jan 2007016,40650.306.73$110,361
Dec 2006018,18756.656.92$125,826
Nov 2006018,18654.207.62$138,531
Oct 2006022,68654.906.01$136,429
Sep 2006020,28860.085.04$102,195
Aug 2006020,80768.717.34$152,722
Jul 20062114,08969.376.34$90,820
Jun 20064613,87066.286.38$91,593
May 200610320,16766.016.42$136,372
Apr 20066018,67564.397.36$141,320
Mar 20066122,62456.707.08$163,703
Feb 20064412,80657.597.75$101,795
Jan 2006823,34160.598.93$208,997
Dec 2005426,74154.9413.42$358,961
Nov 2005415,56454.6910.59$165,017
Oct 2005117,01958.3413.80$234,848
Sep 200528,30261.4512.08$100,403
Aug 2005211,11461.519.80$109,005
Jul 2005213,72255.697.84$107,742
Jun 2005612,11952.337.38$89,765
May 2005613,11745.226.65$87,515
Apr 20051813,14049.207.36$97,602
Mar 20052419,63950.377.15$141,724
Feb 20052319,99645.226.31$127,253
Jan 20052822,85743.166.32$145,715
Dec 2004026,43539.866.75$178,465
Nov 20043219,39045.286.33$124,196
Oct 20041016,40549.706.52$107,377
Sep 20042016,55643.245.28$88,345
Aug 2004919,78542.375.55$110,201
Jul 20042525,06138.286.08$153,433
Jun 20041424,48936.106.43$158,044
May 2004732,95237.486.49$214,272
Apr 2004416,25834.475.86$95,385
Mar 2004921,67434.365.53$120,169
Feb 20041520,82332.455.51$115,214
Jan 2004423,03032.036.30$145,209
Dec 2003928,42330.266.30$179,384
Nov 2003521,26128.804.60$97,842
Oct 2003319,87528.174.76$94,682
Sep 2003322,14426.314.75$105,249
Aug 2003326,39729.765.13$135,499
Jul 2003527,99729.415.17$144,915
Jun 2003225,97728.565.98$155,476
May 20031426,78026.595.97$160,321
Apr 20031130,18626.675.41$163,518
Mar 20032732,10331.146.10$196,542
Feb 20031921,99433.487.93$174,958
Jan 20034528,45830.315.58$160,218
Dec 20029523,46626.914.85$116,455
Nov 20022321,40224.664.14$89,106
Oct 20023525,91226.464.23$110,511
Sep 20021028,39727.443.64$103,503
Aug 20023333,05025.963.16$105,432
Jul 20022231,00024.583.06$95,455
Jun 2002029,23723.733.34$97,600
May 2002034,79024.663.58$124,687
Apr 2002020,48523.653.51$71,950
Mar 2002034,48022.003.10$106,982
Feb 2002031,77418.222.38$75,485
Jan 2002037,94317.172.38$90,140
Dec 2001041,69416.932.36$98,581
Nov 2001036,28718.072.41$87,289
Oct 2001035,52219.782.53$89,831
Sep 2001038,71524.262.25$87,160
Aug 2001042,43924.873.05$129,573
Jul 2001140,65123.933.20$129,988
Jun 2001541,51724.563.82$158,890
May 2001746,43625.524.31$200,193
Apr 20011143,94724.685.34$234,743
Mar 20011040,26424.545.38$216,722
Feb 2001933,58427.755.77$193,931
Jan 2001040,52827.478.40$340,385
Dec 2000066,28426.889.12$604,676
Nov 2000045,70732.215.66$258,610
Oct 2000051,74831.235.15$266,269
Sep 2000051,06731.875.19$264,859
Aug 2000051,20529.644.54$232,509
Jul 2000054,87128.534.09$224,409
Jun 2000054,90429.304.40$241,427
May 2000059,61427.263.68$219,365
Apr 2000059,51924.513.12$185,461
Mar 2000062,71528.422.86$179,349
Feb 2000061,09727.622.73$166,581
Jan 2000068,94425.272.48$171,016
Dec 1999072,34724.282.42$175,349
Nov 1999075,49123.192.43$183,744
Oct 1999079,73120.982.80$223,543
Sep 1999084,40421.752.62$221,041
Aug 1999087,86219.262.88$252,656
Jul 1999095,24917.892.37$225,966
Jun 19990110,11215.942.36$260,096
May 19990119,70315.792.32$277,833
Apr 19990134,79715.102.21$297,639
Mar 19990169,25612.471.84$311,148
Feb 19990208,1419.981.82$378,357
Jan 19990147,84910.381.90$280,906

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.

Jan 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.03 =         $0
Gas                   11 Mcf  × $  3.23 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/172473 is the state's own key, not one this site invented.