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 176438District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.3 M
Feb 2000 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
316
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 Gas112000-06-07141872
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
CondensateDisposition39,362 bbl$1,427,565
GasProduction3,508,023 Mcf$16,881,179
Total$18,308,744

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 27.4454, -99.1430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44542, -99.14299 · 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
10,900 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 10,900 ft.

Completions filed
Feb 2000
1 of 1 wells

1 well

42-4793736411210,900 ftFeb 2000

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 (316)

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

316 months

May 202662,118106.413.05$7,090
Apr 2026112,32698.932.87$7,763
Mar 202662,74389.753.15$9,177
Feb 202641,91963.503.75$7,451
Jan 202652,66759.138.00$21,626
Dec 202523,15356.664.41$14,029
Nov 202582,70458.593.93$11,086
Oct 202542,06659.383.30$7,065
Sep 202552,47762.743.08$7,935
Aug 202542,98663.933.01$9,258
Jul 2025122,98266.743.32$10,687
Jun 202503,07166.483.13$9,608
May 2025103,01660.553.23$10,354
Apr 202572,88062.363.54$10,641
Mar 202582,86867.704.27$12,783
Feb 202553,03270.884.34$13,516
Jan 202593,03074.324.28$13,633
Dec 202482,26068.993.12$7,606
Nov 202442,19769.052.20$5,106
Oct 202492,57471.372.28$6,515
Sep 202452,69669.612.36$6,722
Aug 202472,78475.632.06$6,275
Jul 202462,75879.932.15$6,400
Jun 202472,42078.082.63$6,921
May 202452,63378.812.20$6,183
Apr 202492,67684.451.66$5,200
Mar 202492,72780.301.55$4,936
Feb 2024122,74276.091.78$5,804
Jan 202463,40573.023.30$11,667
Dec 2023123,71371.262.61$10,549
Nov 202333,84077.892.81$11,015
Oct 202383,44585.443.09$11,319
Sep 202342,20289.042.74$6,379
Aug 202342,27780.522.67$6,408
Jul 202393,90874.852.64$10,998
Jun 202363,57068.962.26$8,477
May 2023133,68970.622.23$9,135
Apr 2023123,60178.122.24$8,996
Mar 2023153,48372.852.39$9,428
Feb 202393,28875.112.47$8,783
Jan 2023123,66776.533.39$13,341
Dec 2022163,58576.415.73$21,761
Nov 2022123,36985.005.65$20,042
Oct 2022164,03787.185.86$25,067
Sep 202234,07784.888.16$33,538
Aug 202294,48894.529.13$41,813
Jul 2022174,651101.587.54$36,805
Jun 2022105,316115.097.98$43,558
May 202294,289109.378.43$37,154
Apr 2022123,373104.226.84$24,314
Mar 2022113,688108.885.08$19,919
Feb 202293,45891.054.86$17,621
Jan 202294,08781.844.54$19,282
Dec 2021164,74271.323.90$19,631
Nov 202193,98877.435.24$21,581
Oct 2021164,01979.795.71$24,241
Sep 202194,01969.865.35$22,134
Aug 2021124,03466.024.22$17,818
Jul 2021124,86070.783.98$20,202
Jun 202163,81169.493.38$13,300
May 2021134,09563.483.02$13,183
Apr 2021134,00160.362.76$11,821
Mar 2021164,08161.302.72$12,069
Feb 2021124,75357.805.55$27,063
Jan 2021104,39250.412.81$12,847
Dec 202094,55144.642.68$12,578
Nov 2020144,16138.772.71$11,805
Oct 2020134,30836.972.48$11,158
Sep 202094,70937.091.99$9,710
Aug 202054,17539.982.39$10,158
Jul 2020143,95338.371.83$7,752
Jun 2020123,99034.901.69$7,163
May 202004,39316.921.81$7,972
Apr 2020185,79514.751.80$10,722
Mar 202084,32230.341.86$8,265
Feb 202084,00249.881.98$8,326
Jan 2020144,79757.252.09$10,850
Dec 2019134,19659.012.30$10,436
Nov 2019123,74355.302.75$10,959
Oct 2019134,10153.472.42$10,614
Sep 2019143,92555.052.66$11,201
Aug 2019174,28853.112.30$10,784
Jul 2019124,79056.272.46$12,459
Jun 2019125,03152.782.49$13,167
May 2019184,29858.482.74$12,831
Apr 2019184,81962.632.75$14,383
Mar 2019165,43156.803.06$17,539
Feb 2019215,19650.852.79$15,576
Jan 2019204,98146.033.23$17,000
Dec 2018175,51346.594.19$23,866
Nov 2018165,19252.934.24$22,847
Oct 2018144,70761.443.40$16,855
Sep 2018144,54959.543.11$14,972
Aug 201894,87259.403.07$15,475
Jul 2018134,70365.142.93$14,635
Jun 2018114,28360.183.08$13,840
May 2018164,68765.382.90$14,642
Apr 2018235,10663.842.90$16,280
Mar 2018105,13161.222.79$14,911
Feb 2018184,53161.782.77$13,645
Jan 2018164,34162.874.01$18,410
Dec 2017215,02257.272.92$15,875
Nov 201785,13455.423.12$16,453
Oct 2017134,28849.292.98$13,435
Sep 2017123,92747.523.09$12,694
Aug 201793,67745.373.00$11,456
Jul 2017244,25543.873.09$14,189
Jun 2017634,42042.493.09$16,323
May 2017635,12045.373.26$19,567
Apr 2017565,76447.933.21$21,196
Mar 2017434,30846.772.98$14,865
Feb 2017474,67950.452.95$16,186
Jan 20171054,92449.413.42$22,022
Dec 2016925,49648.763.72$24,947
Nov 2016775,71442.492.64$18,382
Oct 2016996,02346.193.09$23,185
Sep 2016697,50241.553.10$26,128
Aug 2016724,19941.442.92$15,263
Jul 2016655,25841.622.92$18,081
Jun 20161074,58945.352.69$17,178
May 2016626,40542.521.99$15,389
Apr 20161215,03736.561.99$14,453
Mar 2016875,56633.011.79$12,857
Feb 20161294,03026.472.06$11,731
Jan 20162435,50427.352.36$19,659
Dec 20152346,74932.362.00$21,080
Nov 20152377,16838.792.17$24,729
Oct 20152756,56243.552.43$27,899
Sep 20152136,72542.992.76$27,707
Aug 20152936,67840.162.87$30,949
Jul 20151176,11148.152.95$23,631
Jun 2015626,25356.152.88$21,508
May 201506,44055.212.96$19,033
Apr 201506,19349.822.71$16,762
Mar 201505,93042.892.93$17,403
Feb 201505,69844.662.98$16,958
Jan 201506,16943.433.10$19,128
Dec 201406,57154.693.59$23,599
Nov 201404,72970.464.25$20,107
Oct 201406,59778.303.90$25,735
Sep 201406,31586.164.05$25,547
Aug 201407,65489.394.04$30,885
Jul 201406,33196.564.18$26,461
Jun 201406,44998.164.74$30,548
May 201406,35094.734.73$30,014
Apr 201407,06295.944.81$33,962
Mar 201404,05895.895.06$20,520
Feb 201406,47097.406.19$40,062
Jan 201406,91090.404.86$33,588
Dec 201327,03791.824.35$30,826
Nov 2013167,02688.853.74$27,687
Oct 2013207,85297.423.78$31,624
Sep 2013208,530104.113.72$33,795
Aug 2013157,216104.253.52$26,983
Jul 2013177,067102.523.72$28,016
Jun 2013176,22194.403.93$26,075
May 2013466,36594.834.15$30,771
Apr 2013445,80293.964.28$28,982
Mar 2013456,51393.623.91$29,697
Feb 2013606,72891.233.42$28,483
Jan 2013527,05291.603.42$28,880
Dec 2012738,86786.773.42$36,661
Nov 201205,30486.953.62$19,227
Oct 201205,61689.383.40$19,093
Sep 201206,04794.672.92$17,648
Aug 201206,83292.662.91$19,869
Jul 201207,41985.133.02$22,411
Jun 2012317,32379.822.52$20,921
May 20121948,39791.612.49$38,667
Apr 20122549,448101.652.00$44,685
Mar 201235810,336105.052.22$60,575
Feb 20122117,501101.102.57$40,611
Jan 20122748,21498.092.73$49,334
Dec 20111648,79896.873.24$44,390
Nov 201106,57395.723.31$21,765
Oct 201106,88484.983.65$25,117
Sep 201106,74383.623.99$26,876
Aug 201107,94383.404.15$32,958
Jul 201108,52694.144.52$38,514
Jun 201108,07792.904.64$37,476
May 201107,85498.134.40$34,595
Apr 201107,383105.964.33$31,993
Mar 201109,06496.364.06$36,776
Feb 201108,30785.644.18$34,723
Jan 201108,36986.504.59$38,404
Dec 201008,92785.734.35$38,812
Nov 201009,25180.843.80$35,111
Oct 201009,93478.103.51$34,857
Sep 2010010,23272.633.98$40,718
Aug 201006,39073.684.42$28,240
Jul 201005,87472.554.74$27,822
Jun 201006,16170.364.91$30,253
May 201006,79371.124.24$28,770
Apr 201006,82681.694.12$28,141
Mar 201009,35178.394.39$41,038
Feb 201008,77173.585.44$47,735
Jan 201009,78174.365.96$58,335
Dec 2009010,02771.445.48$54,986
Nov 2009010,52174.593.75$39,470
Oct 200907,93972.544.11$32,631
Sep 200908,70865.543.06$26,688
Aug 2009010,20867.423.22$32,854
Jul 200909,31961.133.46$32,286
Jun 2009010,02066.163.90$39,028
May 200909,34654.743.93$36,690
Apr 200908,44846.773.59$30,307
Mar 200909,90642.144.06$40,208
Feb 2009010,20932.814.63$47,298
Jan 200909,87835.865.37$53,055
Dec 200828,55237.105.98$51,191
Nov 20083410,67655.496.86$75,128
Oct 20082910,70275.246.92$76,261
Sep 20083910,472101.767.88$86,458
Aug 20083011,220114.228.48$98,606
Jul 2008159,307131.0811.39$107,968
Jun 200869,973131.3313.03$130,762
May 2008011,136123.1711.57$128,891
Apr 2008011,382110.3110.45$118,997
Mar 2008011,624101.909.66$112,335
Feb 2008011,12192.538.77$97,538
Jan 2008012,25190.388.21$100,528
Dec 2007313,66188.337.30$100,017
Nov 200711111,27991.677.29$92,418
Oct 20079612,33282.856.92$93,315
Sep 20077813,87175.846.24$92,528
Aug 20076711,19869.066.39$76,159
Jul 20078212,86670.906.39$88,001
Jun 200710912,91662.007.55$104,254
May 200723713,89958.747.85$122,977
Apr 20072029,71159.617.81$87,838
Mar 200727012,06856.927.30$103,489
Feb 200727510,94955.108.22$105,109
Jan 200736711,85650.306.73$98,214
Dec 200641712,34656.656.92$109,038
Nov 20063812,18954.207.62$94,909
Oct 20063713,43054.906.01$82,797
Sep 20063513,18860.085.04$68,533
Aug 20063914,03368.717.34$105,681
Jul 20063812,46669.376.34$81,705
Jun 20064111,74266.286.38$77,677
May 2006013,64366.016.42$87,656
Apr 2006013,24664.397.36$97,497
Mar 2006013,83156.707.08$97,964
Feb 2006012,03257.597.75$93,261
Jan 2006014,09260.598.93$125,888
Dec 2005514,81054.9413.42$198,957
Nov 200514514,34054.6910.59$159,768
Oct 200513015,61558.3413.80$223,005
Sep 20058812,96461.4512.08$162,000
Aug 200513615,33261.519.80$158,571
Jul 200514515,67955.697.84$131,055
Jun 200516314,70352.337.38$117,053
May 200519915,26145.226.65$110,502
Apr 200521014,89249.207.36$119,944
Mar 20054016,19350.377.15$117,874
Feb 200524514,80045.226.31$104,495
Jan 200512515,89743.166.32$105,899
Dec 200424316,47939.866.75$120,937
Nov 200422416,60545.286.33$115,259
Oct 200420517,52149.706.52$124,340
Sep 200421417,48843.245.28$101,658
Aug 200421718,35842.375.55$111,093
Jul 200425018,61638.286.08$122,833
Jun 200425519,26936.106.43$133,163
May 200438619,54837.486.49$141,423
Apr 200443519,97934.475.86$132,041
Mar 200457821,90334.365.53$140,987
Feb 200444919,80032.455.51$123,661
Jan 200454521,57632.036.30$153,377
Dec 200340116,81630.266.30$118,103
Nov 200329415,90028.804.60$81,530
Oct 200330117,39528.174.76$91,273
Sep 200327615,90326.314.75$82,791
Aug 200328517,47329.765.13$98,113
Jul 200334817,04329.415.17$98,361
Jun 200350717,53328.565.98$119,379
May 200352417,67026.595.97$119,470
Apr 200334917,53526.675.41$104,124
Mar 200343418,70931.146.10$127,566
Feb 200338816,90033.487.93$146,938
Jan 200365832,27230.315.58$200,088
Dec 200236719,32426.914.85$103,670
Nov 200231319,14724.664.14$86,929
Oct 200231720,32726.464.23$94,353
Sep 200228119,93827.443.64$80,189
Aug 200227921,33525.963.16$74,750
Jul 200226618,89224.583.06$64,381
Jun 200236123,20723.733.34$86,037
May 200247124,59224.663.58$99,753
Apr 200244123,66823.653.51$93,559
Mar 200275024,75022.003.10$93,292
Feb 20021,60424,55518.222.38$87,560
Jan 20021,29526,86017.172.38$86,046
Dec 20011,09429,23716.932.36$87,649
Nov 200115628,34418.072.41$71,001
Oct 200113830,95819.782.53$81,019
Sep 200112529,22924.262.25$68,836
Aug 200112031,83824.873.05$100,191
Jul 20017232,96623.933.20$107,118
Jun 20017033,79024.563.82$130,938
May 200132833,15225.524.31$151,167
Apr 200133429,24224.685.34$164,259
Mar 200127129,71224.545.38$166,395
Feb 200121229,80127.755.77$177,748
Jan 200124335,74627.478.40$306,897
Dec 200053943,00026.889.12$406,756
Nov 200036637,57532.215.66$224,388
Oct 200044141,58731.235.15$227,758
Sep 200041842,06431.875.19$231,487
Aug 200048848,41629.644.54$234,309
Jul 200058953,68728.534.09$236,371
Jun 200086659,36529.304.40$286,417
May 20001,24973,15727.263.68$303,247
Apr 20001,54384,21824.513.12$300,242
Mar 20002,168105,97828.422.86$364,685
Feb 20001,59879,88627.622.73$261,946

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             6 bbl  × $106.41 =       $638
Gas                2,118 Mcf  × $  3.05 =     $6,451

────────────────────────────────────────────────────
Month total                                   $7,090

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/176438 is the state's own key, not one this site invented.