B.M.T.

Name: B.M.T. lease production and value, Jul 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 178054District 04Field 047892372 tax incentive programmesCondensateGasSave Export

Value, all time

$14.1 M

Jul 2000 – Oct 2018

Value, last 12 filed months

at the published price for each month

Months reported

220

no gaps in the span

Streams

condensate, gas

The B.M.T. (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2000-09-08	142376
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	22,059 bbl	$746,545
Gas	Production	2,596,438 Mcf	$13,367,088
Total			$14,113,633

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 27.3972, -99.1367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39716, -99.13672 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

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

1100.0%

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.

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 10,850 ft.

Completions filed

Aug 2017

1 of 1 wells

1 well


42-47937451	128	10,850 ft	Aug 2017	—	Yes

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 (220)

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

220 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	1	0	47.52	3.09	$48
Aug 2017	3	2,132	45.37	3.00	$6,541
Jul 2017	6	4,750	43.87	3.09	$14,928
Jun 2017	0	4,558	42.49	3.09	$14,072
May 2017	0	4,682	45.37	3.26	$15,279
Apr 2017	0	4,731	47.93	3.21	$15,194
Mar 2017	0	4,960	46.77	2.98	$14,799
Feb 2017	0	5,036	50.45	2.95	$14,869
Jan 2017	0	3,832	49.41	3.42	$13,101
Dec 2016	0	4,685	48.76	3.72	$17,441
Nov 2016	0	4,637	42.49	2.64	$12,262
Oct 2016	0	4,954	46.19	3.09	$15,309
Sep 2016	0	5,034	41.55	3.10	$15,609
Aug 2016	0	5,351	41.44	2.92	$15,648
Jul 2016	0	6,409	41.62	2.92	$18,742
Jun 2016	0	2,707	45.35	2.69	$7,271
May 2016	0	4,515	42.52	1.99	$8,990
Apr 2016	0	4,346	36.56	1.99	$8,653
Mar 2016	0	4,501	33.01	1.79	$8,075
Feb 2016	0	4,371	26.47	2.06	$9,020
Jan 2016	0	4,804	27.35	2.36	$11,358
Dec 2015	0	4,726	32.36	2.00	$9,459
Nov 2015	0	4,773	38.79	2.17	$10,345
Oct 2015	0	5,333	43.55	2.43	$12,941
Sep 2015	0	4,690	42.99	2.76	$12,937
Aug 2015	0	5,292	40.16	2.87	$15,201
Jul 2015	0	5,453	48.15	2.95	$16,060
Jun 2015	0	5,232	56.15	2.88	$15,083
May 2015	0	5,846	55.21	2.96	$17,278
Apr 2015	0	5,574	49.82	2.71	$15,086
Mar 2015	0	5,734	42.89	2.93	$16,828
Feb 2015	0	5,021	44.66	2.98	$14,943
Jan 2015	0	5,319	43.43	3.10	$16,492
Dec 2014	0	5,372	54.69	3.59	$19,293
Nov 2014	0	5,102	70.46	4.25	$21,693
Oct 2014	0	6,078	78.30	3.90	$23,710
Sep 2014	0	4,973	86.16	4.05	$20,118
Aug 2014	0	5,953	89.39	4.04	$24,021
Jul 2014	0	6,032	96.56	4.18	$25,211
Jun 2014	0	5,850	98.16	4.74	$27,711
May 2014	0	5,684	94.73	4.73	$26,866
Apr 2014	0	5,780	95.94	4.81	$27,797
Mar 2014	0	6,331	95.89	5.06	$32,015
Feb 2014	0	4,362	97.40	6.19	$27,010
Jan 2014	15	5,582	90.40	4.86	$28,489
Dec 2013	91	6,348	91.82	4.35	$35,998
Nov 2013	78	5,520	88.85	3.74	$27,566
Oct 2013	93	6,329	97.42	3.78	$32,980
Sep 2013	81	5,573	104.11	3.72	$29,152
Aug 2013	66	6,180	104.25	3.52	$28,650
Jul 2013	0	6,312	102.52	3.72	$23,466
Jun 2013	0	5,784	94.40	3.93	$22,751
May 2013	0	6,358	94.83	4.15	$26,380
Apr 2013	0	6,073	93.96	4.28	$26,008
Mar 2013	0	6,442	93.62	3.91	$25,207
Feb 2013	0	5,813	91.23	3.42	$19,880
Jan 2013	0	6,768	91.60	3.42	$23,146
Dec 2012	0	6,307	86.77	3.42	$21,571
Nov 2012	0	6,101	86.95	3.62	$22,116
Oct 2012	0	6,801	89.38	3.40	$23,121
Sep 2012	0	6,469	94.67	2.92	$18,879
Aug 2012	0	6,665	92.66	2.91	$19,383
Jul 2012	0	6,729	85.13	3.02	$20,327
Jun 2012	0	6,524	79.82	2.52	$16,434
May 2012	0	6,912	91.61	2.49	$17,199
Apr 2012	0	6,561	101.65	2.00	$13,101
Mar 2012	0	6,836	105.05	2.22	$15,190
Feb 2012	0	6,421	101.10	2.57	$16,504
Jan 2012	0	6,959	98.09	2.73	$19,026
Dec 2011	0	7,033	96.87	3.24	$22,785
Nov 2011	0	6,735	95.72	3.31	$22,301
Oct 2011	0	7,139	84.98	3.65	$26,047
Sep 2011	0	6,588	83.62	3.99	$26,258
Aug 2011	0	7,144	83.40	4.15	$29,643
Jul 2011	0	7,241	94.14	4.52	$32,709
Jun 2011	0	7,047	92.90	4.64	$32,697
May 2011	0	7,182	98.13	4.40	$31,635
Apr 2011	0	6,990	105.96	4.33	$30,290
Mar 2011	0	7,283	96.36	4.06	$29,550
Feb 2011	0	6,547	85.64	4.18	$27,366
Jan 2011	0	7,200	86.50	4.59	$33,039
Dec 2010	0	7,373	85.73	4.35	$32,056
Nov 2010	0	7,304	80.84	3.80	$27,721
Oct 2010	0	7,616	78.10	3.51	$26,724
Sep 2010	0	7,355	72.63	3.98	$29,269
Aug 2010	0	7,414	73.68	4.42	$32,765
Jul 2010	0	7,681	72.55	4.74	$36,381
Jun 2010	0	7,127	70.36	4.91	$34,996
May 2010	0	7,275	71.12	4.24	$30,811
Apr 2010	0	6,602	81.69	4.12	$27,218
Mar 2010	0	8,027	78.39	4.39	$35,228
Feb 2010	0	7,486	73.58	5.44	$40,742
Jan 2010	3	8,335	74.36	5.96	$49,934
Dec 2009	64	8,396	71.44	5.48	$50,614
Nov 2009	22	7,999	74.59	3.75	$31,649
Oct 2009	21	8,229	72.54	4.11	$35,347
Sep 2009	21	8,119	65.54	3.06	$26,259
Aug 2009	19	8,838	67.42	3.22	$29,726
Jul 2009	18	8,893	61.13	3.46	$31,910
Jun 2009	0	8,551	66.16	3.90	$33,306
May 2009	0	6,533	54.74	3.93	$25,647
Apr 2009	0	7,501	46.77	3.59	$26,910
Mar 2009	0	8,462	42.14	4.06	$34,347
Feb 2009	0	7,720	32.81	4.63	$35,767
Jan 2009	0	8,002	35.86	5.37	$42,979
Dec 2008	2	8,447	37.10	5.98	$50,563
Nov 2008	31	8,071	55.49	6.86	$57,090
Oct 2008	28	8,650	75.24	6.92	$61,982
Sep 2008	38	8,657	101.76	7.88	$72,059
Aug 2008	30	9,242	114.22	8.48	$81,827
Jul 2008	18	9,212	131.08	11.39	$107,279
Jun 2008	12	9,028	131.33	13.03	$119,235
May 2008	48	9,760	123.17	11.57	$118,877
Apr 2008	42	9,866	110.31	10.45	$107,781
Mar 2008	49	9,908	101.90	9.66	$100,745
Feb 2008	61	9,800	92.53	8.77	$91,596
Jan 2008	73	10,597	90.38	8.21	$93,554
Dec 2007	72	11,427	88.33	7.30	$89,799
Nov 2007	57	7,840	91.67	7.29	$62,392
Oct 2007	57	9,983	82.85	6.92	$73,825
Sep 2007	42	10,114	75.84	6.24	$66,339
Aug 2007	46	10,476	69.06	6.39	$70,097
Jul 2007	52	11,119	70.90	6.39	$74,714
Jun 2007	59	10,036	62.00	7.55	$79,414
May 2007	53	10,696	58.74	7.85	$87,037
Apr 2007	63	10,786	59.61	7.81	$87,942
Mar 2007	75	11,746	56.92	7.30	$90,038
Feb 2007	73	11,205	55.10	8.22	$96,083
Jan 2007	0	10,699	50.30	6.73	$71,971
Dec 2006	0	11,492	56.65	6.92	$79,507
Nov 2006	0	9,950	54.20	7.62	$75,794
Oct 2006	0	10,375	54.90	6.01	$62,393
Sep 2006	0	10,340	60.08	5.04	$52,085
Aug 2006	0	10,685	68.71	7.34	$78,427
Jul 2006	0	11,008	69.37	6.34	$69,821
Jun 2006	1	10,186	66.28	6.38	$65,092
May 2006	12	10,977	66.01	6.42	$71,319
Apr 2006	12	10,798	64.39	7.36	$80,251
Mar 2006	14	11,109	56.70	7.08	$79,478
Feb 2006	12	9,995	57.59	7.75	$78,164
Jan 2006	14	12,012	60.59	8.93	$108,155
Dec 2005	13	12,086	54.94	13.42	$162,853
Nov 2005	126	10,918	54.69	10.59	$122,495
Oct 2005	116	12,253	58.34	13.80	$175,807
Sep 2005	73	9,498	61.45	12.08	$119,212
Aug 2005	119	11,841	61.51	9.80	$123,324
Jul 2005	119	11,669	55.69	7.84	$98,155
Jun 2005	35	12,288	52.33	7.38	$92,530
May 2005	44	13,178	45.22	6.65	$89,639
Apr 2005	47	13,009	49.20	7.36	$98,065
Mar 2005	9	14,227	50.37	7.15	$102,246
Feb 2005	44	10,430	45.22	6.31	$67,823
Jan 2005	27	13,248	43.16	6.32	$84,922
Dec 2004	52	13,941	39.86	6.75	$96,190
Nov 2004	48	14,098	45.28	6.33	$91,420
Oct 2004	43	14,466	49.70	6.52	$96,385
Sep 2004	44	14,134	43.24	5.28	$76,585
Aug 2004	58	14,980	42.37	5.55	$85,606
Jul 2004	327	14,995	38.28	6.08	$103,750
Jun 2004	307	15,454	36.10	6.43	$110,499
May 2004	283	16,641	37.48	6.49	$118,683
Apr 2004	267	14,101	34.47	5.86	$91,814
Mar 2004	403	17,497	34.36	5.53	$110,608
Feb 2004	397	20,308	32.45	5.51	$124,772
Jan 2004	0	16,649	32.03	6.30	$104,883
Dec 2003	0	17,247	30.26	6.30	$108,684
Nov 2003	0	16,681	28.80	4.60	$76,652
Oct 2003	0	17,543	28.17	4.76	$83,498
Sep 2003	0	16,726	26.31	4.75	$79,438
Aug 2003	0	17,194	29.76	5.13	$88,200
Jul 2003	5	17,903	29.41	5.17	$92,721
Jun 2003	273	18,326	28.56	5.98	$117,441
May 2003	307	20,087	26.59	5.97	$128,136
Apr 2003	317	20,494	26.67	5.41	$119,271
Mar 2003	486	25,966	31.14	6.10	$173,424
Feb 2003	261	15,032	33.48	7.93	$127,880
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	24	19,730	26.91	4.85	$96,411
Nov 2002	21	19,863	24.66	4.14	$82,690
Oct 2002	21	21,597	26.46	4.23	$91,892
Sep 2002	21	24,184	27.44	3.64	$88,490
Aug 2002	15	17,950	25.96	3.16	$57,186
Jul 2002	20	21,664	24.58	3.06	$66,822
Jun 2002	62	22,702	23.73	3.34	$77,256
May 2002	75	22,420	24.66	3.58	$82,203
Apr 2002	75	22,987	23.65	3.51	$82,511
Mar 2002	130	24,558	22.00	3.10	$79,057
Feb 2002	267	23,066	18.22	2.38	$59,662
Jan 2002	223	26,123	17.17	2.38	$65,889
Dec 2001	186	27,811	16.93	2.36	$68,905
Nov 2001	263	28,638	18.07	2.41	$73,642
Oct 2001	233	30,269	19.78	2.53	$81,155
Sep 2001	224	30,466	24.26	2.25	$74,023
Aug 2001	215	32,806	24.87	3.05	$105,509
Jul 2001	742	36,591	23.93	3.20	$134,740
Jun 2001	649	35,881	24.56	3.82	$153,154
May 2001	576	40,049	25.52	4.31	$187,203
Apr 2001	528	31,660	24.68	5.34	$181,947
Mar 2001	463	34,593	24.54	5.38	$197,349
Feb 2001	664	33,576	27.75	5.77	$212,061
Jan 2001	734	38,909	27.47	8.40	$346,950
Dec 2000	1,365	41,659	26.88	9.12	$416,725
Nov 2000	956	43,667	32.21	5.66	$277,861
Oct 2000	1,281	53,786	31.23	5.15	$316,761
Sep 2000	1,390	61,563	31.87	5.19	$363,596
Aug 2000	2,036	88,729	29.64	4.54	$463,243
Jul 2000	2,202	92,702	28.53	4.09	$441,951

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.

Sep 2017 — as filed, then multipliedworked

Condensate             1 bbl  × $ 47.52 =        $48
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                      $48

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/178054 is the state's own key, not one this site invented.