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 172534District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.6 M
Dec 1998 – May 2026
Value, last 12 filed months
$165 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 Gas111999-06-04140623
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
CondensateDisposition17,569 bbl$669,464
GasProduction3,826,378 Mcf$14,950,280
Total$15,619,744

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 27.4389, -99.1493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43891, -99.14929 · 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
10,800 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 10,800 ft.

Completions filed
Dec 1998
1 of 1 wells

1 well

42-4793715410710,800 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 202683,224106.413.05$10,671
Apr 2026133,13098.932.87$10,268
Mar 202692,96089.753.15$10,130
Feb 202652,91863.503.75$11,261
Jan 202663,13259.138.00$25,404
Dec 202533,69856.664.41$16,491
Nov 2025143,92658.593.93$16,235
Oct 202574,13459.383.30$14,078
Sep 202563,87462.743.08$12,296
Aug 202563,79963.933.01$11,837
Jul 2025164,08066.743.32$14,594
Jun 202503,74966.483.13$11,730
May 2025133,99760.553.23$13,707
Apr 2025103,87662.363.54$14,357
Mar 2025104,01967.704.27$17,831
Feb 202573,78670.884.34$16,931
Jan 2025143,92774.324.28$17,843
Dec 2024144,18268.993.12$14,019
Nov 202473,79869.052.20$8,833
Oct 2024143,85871.372.28$9,801
Sep 202473,87369.612.36$9,644
Aug 2024104,23675.632.06$9,498
Jul 2024104,20979.932.15$9,834
Jun 2024103,77278.082.63$10,716
May 202473,96778.812.20$9,273
Apr 2024103,83784.451.66$7,211
Mar 202493,51480.301.55$6,152
Feb 2024133,49276.091.78$7,218
Jan 202464,54373.023.30$15,419
Dec 202382,74671.262.61$7,739
Nov 202322,15277.892.81$6,198
Oct 202393,34285.443.09$11,087
Sep 202342,47689.042.74$7,128
Aug 202342,61180.522.67$7,301
Jul 202372,66274.852.64$7,556
Jun 202342,42368.962.26$5,748
May 2023133,03970.622.23$7,687
Apr 2023123,45078.122.24$8,658
Mar 2023153,99172.852.39$10,644
Feb 202393,56275.112.47$9,459
Jan 2023123,90276.533.39$14,137
Dec 2022143,70776.415.73$22,307
Nov 2022123,34185.005.65$19,884
Oct 2022153,73787.185.86$23,221
Sep 202233,51284.888.16$28,925
Aug 202293,43494.529.13$32,193
Jul 2022153,908101.587.54$30,998
Jun 202293,932115.097.98$32,402
May 202293,729109.378.43$32,431
Apr 2022123,996104.226.84$28,574
Mar 2022103,927108.885.08$21,024
Feb 202262,89291.054.86$14,598
Jan 202252,14981.844.54$10,161
Dec 202172,11171.323.90$8,730
Nov 202131,76177.435.24$9,454
Oct 202171,70479.795.71$10,295
Sep 202151,83269.865.35$10,152
Aug 202182,23866.024.22$9,974
Jul 202182,64370.783.98$11,091
Jun 202164,10169.493.38$14,281
May 2021134,72063.483.02$15,069
Apr 2021123,50060.362.76$10,379
Mar 2021133,46061.302.72$10,198
Feb 202182,70057.805.55$15,442
Jan 202183,34550.412.81$9,804
Dec 202063,32244.642.68$9,156
Nov 2020102,96638.772.71$8,415
Oct 202093,16536.972.48$8,177
Sep 202062,96737.091.99$6,130
Aug 202043,13639.982.39$7,640
Jul 2020123,20338.371.83$6,306
Jun 2020103,24434.901.69$5,832
May 202003,67816.921.81$6,675
Apr 2020123,67314.751.80$6,804
Mar 202084,03030.341.86$7,723
Feb 202083,93049.881.98$8,183
Jan 2020144,61657.252.09$10,471
Dec 2019134,22659.012.30$10,505
Nov 2019123,65155.302.75$10,706
Oct 2019134,44953.472.42$11,455
Sep 2019133,78455.052.66$10,771
Aug 2019143,64053.112.30$9,131
Jul 201993,49256.272.46$9,097
Jun 201993,91152.782.49$10,218
May 2019143,96858.482.74$11,692
Apr 2019133,50862.632.75$10,464
Mar 2019103,53256.803.06$11,383
Feb 2019112,50750.852.79$7,559
Jan 2019132,97546.033.23$10,202
Dec 2018113,52346.594.19$15,258
Nov 2018103,05752.934.24$13,483
Oct 2018113,56661.443.40$12,793
Sep 2018123,82859.543.11$12,612
Aug 201884,39559.403.07$13,953
Jul 2018103,90765.142.93$12,106
Jun 2018103,57760.183.08$11,608
May 2018154,29965.382.90$13,451
Apr 2018163,49863.842.90$11,168
Mar 201883,44261.222.79$10,082
Feb 2018122,72161.782.77$8,268
Jan 2018113,22162.874.01$13,606
Dec 2017133,19957.272.92$10,090
Nov 201753,01355.423.12$9,673
Oct 2017103,31849.292.98$10,393
Sep 2017104,18147.523.09$13,383
Aug 201743,11045.373.00$9,525
Jul 201763,79043.873.09$11,964
Jun 201704,76742.493.09$14,717
May 201705,24145.373.26$17,103
Apr 201705,75347.933.21$18,476
Mar 201703,30346.772.98$9,855
Feb 2017143,24250.452.95$10,279
Jan 2017483,68049.413.42$14,953
Dec 2016423,89648.763.72$16,552
Nov 2016353,24742.492.64$10,073
Oct 2016454,14746.193.09$14,894
Sep 2016322,78441.553.10$9,962
Aug 2016353,28941.442.92$11,069
Jul 2016303,66841.622.92$11,975
Jun 2016493,55445.352.69$11,768
May 2016303,69642.521.99$8,634
Apr 2016592,91136.561.99$7,953
Mar 2016463,87033.011.79$8,461
Feb 20161023,00026.472.06$8,891
Jan 2016133,52527.352.36$8,690
Dec 201504,86732.362.00$9,741
Nov 201503,54638.792.17$7,685
Oct 201504,91143.552.43$11,917
Sep 201503,91342.992.76$10,794
Aug 201504,51140.162.87$12,958
Jul 201505,14148.152.95$15,141
Jun 201504,61256.152.88$13,296
May 201503,68655.212.96$10,894
Apr 201504,25749.822.71$11,522
Mar 201504,29342.892.93$12,599
Feb 201504,08444.662.98$12,155
Jan 201504,45143.433.10$13,801
Dec 201404,84454.693.59$17,397
Nov 201404,27370.464.25$18,168
Oct 201404,75578.303.90$18,549
Sep 201404,77986.164.05$19,333
Aug 201405,03589.394.04$20,317
Jul 201405,27196.564.18$22,031
Jun 201405,31598.164.74$25,177
May 201405,41194.734.73$25,575
Apr 201405,66795.944.81$27,253
Mar 201405,94795.895.06$30,073
Feb 201405,48097.406.19$33,932
Jan 201406,32090.404.86$30,720
Dec 201305,95191.824.35$25,914
Nov 201305,58288.853.74$20,867
Oct 201305,18197.423.78$19,581
Sep 201304,383104.113.72$16,295
Aug 201304,060104.253.52$14,302
Jul 201304,422102.523.72$16,440
Jun 201334,13094.403.93$16,528
May 2013194,06394.834.15$18,659
Apr 2013214,36393.964.28$20,658
Mar 2013235,33793.623.91$23,036
Feb 2013274,90491.233.42$19,234
Jan 2013214,72991.603.42$18,096
Dec 2012325,02686.773.42$19,966
Nov 2012375,31086.953.62$22,466
Oct 2012646,03289.383.40$26,227
Sep 2012564,92094.672.92$19,660
Aug 2012424,17492.662.91$16,030
Jul 2012465,41685.133.02$20,277
Jun 2012475,50479.822.52$17,616
May 201205,84091.612.49$14,532
Apr 201205,726101.652.00$11,434
Mar 201205,540105.052.22$12,310
Feb 201205,589101.102.57$14,365
Jan 201206,36798.092.73$17,408
Dec 201106,21696.873.24$20,138
Nov 201105,47695.723.31$18,133
Oct 201105,61584.983.65$20,487
Sep 201105,42883.623.99$21,635
Aug 201105,84683.404.15$24,257
Jul 201105,49794.144.52$24,831
Jun 201105,30892.904.64$24,628
May 201105,81998.134.40$25,632
Apr 201106,065105.964.33$26,281
Mar 201106,29196.364.06$25,525
Feb 201105,68985.644.18$23,780
Jan 201106,38286.504.59$29,286
Dec 201057,12985.734.35$31,424
Nov 2010238,70280.843.80$34,886
Oct 2010199,67278.103.51$35,422
Sep 2010178,17772.633.98$33,775
Aug 2010146,10773.684.42$28,021
Jul 2010126,70972.554.74$32,648
Jun 2010106,54770.364.91$32,852
May 201006,13071.124.24$25,962
Apr 201005,45481.694.12$22,485
Mar 201006,44878.394.39$28,298
Feb 201005,91573.585.44$32,192
Jan 201006,82574.365.96$40,705
Dec 200976,78771.445.48$37,718
Nov 2009336,23774.593.75$25,860
Oct 2009316,26672.544.11$28,004
Sep 2009295,91965.543.06$20,041
Aug 2009286,61767.423.22$23,185
Jul 2009346,96361.133.46$26,202
Jun 2009477,08066.163.90$30,686
May 20091177,44554.743.93$35,632
Apr 20091377,32846.773.59$32,697
Mar 20091207,61442.144.06$35,962
Feb 2009667,09932.814.63$35,055
Jan 20091127,79735.865.37$45,894
Dec 20081117,87437.105.98$51,182
Nov 20081256,63055.496.86$52,420
Oct 20081197,34175.246.92$59,768
Sep 20081617,446101.767.88$75,036
Aug 20081257,811114.228.48$80,538
Jul 2008757,843131.0811.39$99,158
Jun 2008357,807131.3313.03$106,342
May 2008718,289123.1711.57$104,684
Apr 2008628,357110.3110.45$94,210
Mar 2008758,811101.909.66$92,793
Feb 2008908,29092.538.77$81,036
Jan 200812010,03190.388.21$93,157
Dec 20071089,97688.337.30$82,384
Nov 2007618,47191.677.29$67,360
Oct 2007545782.856.92$3,578
Sep 2007276,33475.846.24$41,598
Aug 2007429,57069.066.39$64,033
Jul 2007336,83570.906.39$46,001
Jun 2007428,12062.007.55$63,897
May 2007318,81958.747.85$71,017
Apr 2007368,48559.617.81$68,373
Mar 2007429,06556.927.30$68,583
Feb 2007468,76855.108.22$74,572
Jan 20076911,00350.306.73$77,486
Dec 2006578,06456.656.92$59,019
Nov 2006276,91754.207.62$54,154
Oct 2006257,29454.906.01$45,237
Sep 2006247,20660.085.04$37,740
Aug 2006277,89168.717.34$59,774
Jul 2006317,92669.376.34$52,423
Jun 2006509,67466.286.38$65,072
May 2006956,81166.016.42$50,032
Apr 20061117,59264.397.36$63,028
Mar 20061418,44056.707.08$67,775
Feb 20061056,65357.597.75$57,615
Jan 20061036,57360.598.93$64,959
Dec 2005686,90954.9413.42$96,423
Nov 2005156,44054.6910.59$69,010
Oct 2005147,39558.3413.80$102,836
Sep 2005116,79861.4512.08$82,789
Aug 2005167,63461.519.80$75,773
Jul 2005187,60155.697.84$60,622
Jun 2005689,29452.337.38$72,158
May 2005849,41045.226.65$66,386
Apr 2005919,40849.207.36$73,725
Mar 20051811,02250.377.15$79,768
Feb 20051109,65045.226.31$65,884
Jan 20057110,13943.166.32$67,165
Dec 200415510,90139.866.75$79,772
Nov 200415111,61745.286.33$80,378
Oct 200413712,10349.706.52$85,661
Sep 200415012,85443.245.28$74,405
Aug 200412310,72242.375.55$64,726
Jul 200414711,66338.286.08$76,587
Jun 200414512,69836.106.43$86,921
May 200410810,88837.486.49$74,761
Apr 200414212,98034.475.86$80,938
Mar 200418313,86434.365.53$82,958
Feb 200413111,50832.455.51$67,656
Jan 200417413,57232.036.30$91,072
Dec 200331916,05130.266.30$110,801
Nov 200321113,77628.804.60$69,380
Oct 200318412,72228.174.76$65,735
Sep 200321514,82826.314.75$76,080
Aug 200321715,88629.765.13$87,949
Jul 200325615,11829.415.17$85,702
Jun 200325215,46328.565.98$99,712
May 200323714,21226.595.97$91,186
Apr 200311115,33526.675.41$85,881
Mar 200313616,16631.146.10$102,784
Feb 200312415,18833.487.93$124,530
Jan 200314519,59330.315.58$113,764
Dec 20029412,91626.914.85$65,221
Nov 200211117,88124.664.14$76,710
Oct 200211819,88526.464.23$87,218
Sep 200210619,69127.443.64$74,489
Aug 200210320,67825.963.16$68,102
Jul 200210620,10624.583.06$64,165
Jun 2002020,15723.733.34$67,289
May 2002019,31024.663.58$69,207
Apr 2002020,83923.653.51$73,193
Mar 2002022,21922.003.10$68,939
Feb 2002021,02018.222.38$49,937
Jan 2002023,11217.172.38$54,907
Dec 2001024,57116.932.36$58,096
Nov 2001022,36118.072.41$53,790
Oct 2001024,84219.782.53$62,822
Sep 2001024,72224.262.25$55,657
Aug 2001026,60724.873.05$81,235
Jul 2001027,41723.933.20$87,654
Jun 2001327,73724.563.82$106,144
May 200120830,01525.524.31$134,592
Apr 200120825,98024.685.34$143,745
Mar 200117327,18324.545.38$150,393
Feb 200113026,13927.755.77$154,353
Jan 200113729,01027.478.40$247,411
Dec 2000033,45126.889.12$305,157
Nov 2000028,47132.215.66$161,089
Oct 2000033,62831.235.15$173,033
Sep 2000034,86931.875.19$180,848
Aug 2000037,93229.644.54$172,240
Jul 2000238,82228.534.09$158,829
Jun 20005033,32029.304.40$147,981
May 20007744,24827.263.68$164,921
Apr 20009147,59524.513.12$150,536
Mar 200011753,44728.422.86$156,170
Feb 200015048,54127.622.73$136,490
Jan 200017141,77825.272.48$107,952
Dec 19995448,26624.282.42$118,294
Nov 19996749,77823.192.43$122,713
Oct 19997354,28420.982.80$153,728
Sep 199940659,53021.752.62$164,731
Aug 199944465,50719.262.88$196,923
Jul 199958874,36417.892.37$186,938
Jun 199959380,10615.942.36$198,671
May 199967294,39215.792.32$229,697
Apr 199940103,32115.102.21$228,742
Mar 1999719126,88412.471.84$242,221
Feb 1999758142,7219.981.82$267,002
Jan 1999840261,43110.381.90$505,425
Dec 1998326,8599.201.77$12,458

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             8 bbl  × $106.41 =       $851
Gas                3,224 Mcf  × $  3.05 =     $9,820

────────────────────────────────────────────────────
Month total                                  $10,671

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/172534 is the state's own key, not one this site invented.