B.M.T. A

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 180307District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.2 M
Dec 2000 – May 2026
Value, last 12 filed months
$232 k
at the published price for each month
Months reported
306
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 Gas112001-02-23143302
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
CondensateDisposition8,254 bbl$401,747
GasProduction3,006,661 Mcf$14,800,263
Total$15,202,010

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 27.3727, -99.1479. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.37267, -99.14793 · 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
10,400 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 10,400 ft.

Completions filed
Dec 2000
1 of 1 wells

1 well

42-47937585510,400 ftDec 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 (306)

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

306 months

May 202604,945106.413.05$15,062
Apr 202604,60398.932.87$13,209
Mar 2026604,76389.753.15$20,386
Feb 202604,49763.503.75$16,865
Jan 202605,15659.138.00$41,237
Dec 202504,86356.664.41$21,462
Nov 202504,57658.593.93$17,967
Oct 2025214,89159.383.30$17,411
Sep 202504,88062.743.08$15,015
Aug 2025224,87963.933.01$16,115
Jul 2025204,92966.743.32$17,675
Jun 2025654,93066.483.13$19,746
May 202504,85760.553.23$15,699
Apr 202504,54862.363.54$16,114
Mar 2025214,97667.704.27$22,661
Feb 202504,66570.884.34$20,250
Jan 202505,03574.324.28$21,543
Dec 202404,87868.993.12$15,226
Nov 2024234,65669.052.20$11,824
Oct 2024255,34871.372.28$13,985
Sep 202404,22269.612.36$9,982
Aug 202405,03275.632.06$10,384
Jul 2024535,18679.932.15$15,369
Jun 20241145,03378.082.63$22,158
May 202405,13578.812.20$11,289
Apr 202405,01984.451.66$8,328
Mar 2024105,15780.301.55$8,771
Feb 202405,21576.091.78$9,302
Jan 2024104,94973.023.30$17,050
Dec 202305,02571.262.61$13,119
Nov 202364,84077.892.81$14,056
Oct 2023195,14885.443.09$17,517
Sep 2023135,39989.042.74$15,924
Aug 202305,21180.522.67$13,928
Jul 2023194,64074.852.64$13,680
Jun 202304,96868.962.26$11,220
May 2023125,01970.622.23$12,027
Apr 202304,91378.122.24$10,994
Mar 20231045,06072.852.39$19,686
Feb 202304,60575.112.47$11,354
Jan 202355,14276.533.39$17,802
Dec 202204,76876.415.73$27,316
Nov 2022304,72685.005.65$29,234
Oct 202205,13487.185.86$30,105
Sep 202205,07484.888.16$41,423
Aug 2022535,25794.529.13$52,991
Jul 202205,364101.587.54$40,456
Jun 2022175,145115.097.98$42,999
May 202205,336109.378.43$44,999
Apr 202205,133104.226.84$35,097
Mar 20221395,382108.885.08$42,456
Feb 202204,82091.054.86$23,420
Jan 20221135,36081.844.54$33,570
Dec 202105,39671.323.90$21,040
Nov 20211035,25977.435.24$35,516
Oct 2021755,51879.795.71$37,513
Sep 2021415,36569.865.35$31,572
Aug 202105,58066.024.22$23,551
Jul 2021675,37970.783.98$26,162
Jun 202145,30669.493.38$18,216
May 202105,58763.483.02$16,860
Apr 202155,58260.362.76$15,699
Mar 2021375,53961.302.72$17,317
Feb 202105,52357.805.55$30,641
Jan 20211375,77950.412.81$23,147
Dec 2020875,46944.642.68$18,516
Nov 2020465,63138.772.71$17,024
Oct 2020255,95736.972.48$15,688
Sep 2020195,18737.091.99$11,032
Aug 202005,79739.982.39$13,826
Jul 202005,92238.371.83$10,808
Jun 202005,68834.901.69$9,614
May 202005,93316.921.81$10,767
Apr 2020975,76414.751.80$11,831
Mar 20203345,94730.341.86$21,173
Feb 20202785,57149.881.98$24,901
Jan 20201736,02157.252.09$22,517
Dec 20191376,05259.012.30$22,030
Nov 2019925,80555.302.75$21,055
Oct 2019636,00853.472.42$17,899
Sep 2019435,87955.052.66$17,989
Aug 201926,08453.112.30$14,126
Jul 201946,05456.272.46$15,118
Jun 201915,92752.782.49$14,818
May 201906,12758.482.74$16,790
Apr 2019375,95662.632.75$18,700
Mar 201936,12256.803.06$18,917
Feb 2019685,35450.852.79$18,407
Jan 2019565,94346.033.23$21,763
Dec 20182155,99046.594.19$35,088
Nov 2018925,87152.934.24$29,746
Oct 20182155,64661.443.40$32,395
Sep 2018284,66859.543.11$16,175
Aug 2018445,57159.403.07$19,697
Jul 2018785,87565.142.93$22,306
Jun 20181485,66660.183.08$26,340
May 20182485,55165.382.90$32,317
Apr 20181215,46863.842.90$23,586
Mar 20181405,71861.222.79$24,506
Feb 2018545,20561.782.77$17,734
Jan 2018285,77462.874.01$24,910
Dec 20171115,75557.272.92$23,170
Nov 2017875,80055.423.12$22,908
Oct 20172175,85249.292.98$28,156
Sep 20172635,83047.523.09$30,497
Aug 2017996,09945.373.00$22,815
Jul 2017165,82343.873.09$18,679
Jun 2017255,67242.493.09$18,573
May 2017435,95745.373.26$21,391
Apr 2017185,70847.933.21$19,195
Mar 201715,90146.772.98$17,653
Feb 201735,39650.452.95$16,084
Jan 201706,02949.413.42$20,612
Dec 201696,48348.763.72$24,574
Nov 201676,13142.492.64$16,510
Oct 201676,46446.193.09$20,299
Sep 201666,17541.553.10$19,396
Aug 201656,50641.442.92$19,233
Jul 201606,45941.622.92$18,888
Jun 201615,72145.352.69$15,411
May 201606,68642.521.99$13,312
Apr 201616,39936.561.99$12,777
Mar 201606,68933.011.79$12,000
Feb 201616,43326.472.06$13,302
Jan 2016746,86227.352.36$18,248
Dec 201507,27332.362.00$14,556
Nov 201506,89838.792.17$14,950
Oct 201507,27043.552.43$17,641
Sep 201506,87942.992.76$18,975
Aug 201507,18840.162.87$20,647
Jul 2015347,33248.152.95$23,230
Jun 201508,69556.152.88$25,066
May 201507,33655.212.96$21,681
Apr 201507,14049.822.71$19,325
Mar 201507,42742.892.93$21,796
Feb 201507,09444.662.98$21,113
Jan 201506,56643.433.10$20,359
Dec 201407,31454.693.59$26,267
Nov 201406,34170.464.25$26,961
Oct 201407,64978.303.90$29,838
Sep 201407,41886.164.05$30,009
Aug 201407,73989.394.04$31,228
Jul 201407,61396.564.18$31,819
Jun 201407,39198.164.74$35,010
May 201407,96794.734.73$37,657
Apr 201408,09095.944.81$38,906
Mar 2014169,47995.895.06$49,468
Feb 201404,95497.406.19$30,675
Jan 201407,94190.404.86$38,599
Dec 201307,84491.824.35$34,157
Nov 201307,81188.853.74$29,200
Oct 2013257,32697.423.78$30,123
Sep 201387,696104.113.72$29,445
Aug 201308,080104.253.52$28,463
Jul 201308,301102.523.72$30,861
Jun 201307,93394.403.93$31,204
May 201308,31694.834.15$34,504
Apr 201308,18793.964.28$35,062
Mar 201308,57493.623.91$33,549
Feb 201308,73991.233.42$29,887
Jan 201308,28091.603.42$28,317
Dec 201208,59586.773.42$29,396
Nov 201297,40486.953.62$27,622
Oct 201207,85489.383.40$26,701
Sep 201207,75594.672.92$22,632
Aug 201208,18492.662.91$23,800
Jul 201208,25685.133.02$24,940
Jun 201208,27779.822.52$20,850
May 201208,20591.612.49$20,417
Apr 201208,307101.652.00$16,587
Mar 201208,399105.052.22$18,663
Feb 201207,930101.102.57$20,382
Jan 201208,70898.092.73$23,808
Dec 201109,01896.873.24$29,216
Nov 201108,30595.723.31$27,500
Oct 201109,20584.983.65$33,585
Sep 201108,56983.623.99$34,154
Aug 201109,15483.404.15$37,983
Jul 201109,19194.144.52$41,518
Jun 201108,62292.904.64$40,005
May 201109,05698.134.40$39,890
Apr 201108,764105.964.33$37,977
Mar 201109,13396.364.06$37,056
Feb 201108,49785.644.18$35,517
Jan 201108,72286.504.59$40,023
Dec 201009,03185.734.35$39,265
Nov 201008,64680.843.80$32,814
Oct 201009,32678.103.51$32,724
Sep 201009,04072.633.98$35,974
Aug 201009,39673.684.42$41,524
Jul 201009,90872.554.74$46,929
Jun 201009,46770.364.91$46,487
May 2010010,09671.124.24$42,759
Apr 201009,53281.694.12$39,297
Mar 2010010,38378.394.39$45,568
Feb 201009,55473.585.44$51,996
Jan 2010012,20874.365.96$72,810
Dec 200906,15371.445.48$33,742
Nov 200909,84974.593.75$36,949
Oct 2009010,23672.544.11$42,073
Sep 200909,42465.543.06$28,882
Aug 200909,68467.423.22$31,168
Jul 200909,87261.133.46$34,202
Jun 200909,99166.163.90$38,915
May 2009010,14554.743.93$39,827
Apr 200909,90046.773.59$35,516
Mar 2009010,76142.144.06$43,679
Feb 200909,44932.814.63$43,777
Jan 2009010,55135.865.37$56,669
Dec 2008010,40037.105.98$62,162
Nov 2008010,32155.496.86$70,806
Oct 2008010,51975.246.92$72,812
Sep 2008010,233101.767.88$80,606
Aug 2008010,722114.228.48$90,955
Jul 2008010,856131.0811.39$123,644
Jun 2008011,150131.3313.03$145,314
May 2008011,877123.1711.57$137,468
Apr 2008011,402110.3110.45$119,206
Mar 2008011,909101.909.66$115,089
Feb 2008011,39592.538.77$99,941
Jan 2008013,46190.388.21$110,457
Dec 2007011,68188.337.30$85,294
Nov 2007011,79691.677.29$86,013
Oct 2007012,00282.856.92$83,078
Sep 2007011,97575.846.24$74,774
Aug 2007012,16169.066.39$77,684
Jul 2007012,56470.906.39$80,258
Jun 2007012,14062.007.55$91,638
May 2007012,99858.747.85$101,986
Apr 2007013,07059.617.81$102,014
Mar 2007014,00156.927.30$102,235
Feb 20071413,90655.108.22$115,023
Jan 20073724,30350.306.73$165,344
Dec 2006168,98556.656.92$63,069
Nov 2006011,20954.207.62$85,384
Oct 200609,36554.906.01$56,319
Sep 2006010,53660.085.04$53,072
Aug 2006010,96668.717.34$80,490
Jul 2006011,81269.376.34$74,921
Jun 2006199,86966.286.38$64,262
May 2006010,75466.016.42$69,094
Apr 20063510,25564.397.36$77,735
Mar 20062212,14656.707.08$87,277
Feb 20062513,50957.597.75$106,150
Jan 20061811,57660.598.93$104,503
Dec 2005167,09754.9413.42$96,088
Nov 20052212,51254.6910.59$133,685
Oct 20052312,94158.3413.80$179,873
Sep 20052311,33961.4512.08$138,377
Aug 20051911,65161.519.80$115,312
Jul 20052512,57955.697.84$100,057
Jun 20054013,23352.337.38$99,767
May 20054413,18345.226.65$89,672
Apr 20052010,95349.207.36$81,603
Mar 20054812,65150.377.15$92,934
Feb 20052611,27845.226.31$72,362
Jan 20052215,16943.166.32$96,851
Dec 2004014,18639.866.75$95,771
Nov 2004013,38545.286.33$84,733
Oct 2004013,75649.706.52$89,622
Sep 2004013,82343.245.28$73,039
Aug 2004014,78942.375.55$82,089
Jul 2004114,39838.286.08$87,638
Jun 2004013,77436.106.43$88,608
May 2004514,67237.486.49$95,476
Apr 20044316,10434.475.86$95,827
Mar 2004014,41134.365.53$79,695
Feb 20046314,02132.455.51$79,295
Jan 20042815,47332.036.30$98,371
Dec 2003015,96630.266.30$100,612
Nov 2003015,22328.804.60$69,952
Oct 2003017,15728.174.76$81,661
Sep 2003016,16426.314.75$76,769
Aug 2003016,71529.765.13$85,743
Jul 2003016,21729.415.17$83,856
Jun 2003015,18228.565.98$90,833
May 2003014,59226.595.97$87,153
Apr 2003013,95026.675.41$75,432
Mar 2003017,75331.146.10$108,223
Feb 2003016,62933.487.93$131,799
Jan 2003016,39130.315.58$91,495
Dec 20026518,26326.914.85$90,393
Nov 20028018,57224.664.14$78,804
Oct 2002019,35526.464.23$81,855
Sep 20027319,47927.443.64$72,813
Aug 20026720,96725.963.16$68,082
Jul 2002023,09524.583.06$70,711
Jun 2002017,35223.733.34$57,925
May 2002019,31724.663.58$69,232
Apr 2002021,54523.653.51$75,673
Mar 2002021,17722.003.10$65,706
Feb 2002021,35518.222.38$50,733
Jan 200210222,25317.172.38$54,617
Dec 200118723,26816.932.36$58,181
Nov 200118921,73118.072.41$55,690
Oct 200122123,44519.782.53$63,661
Sep 200117323,55524.262.25$57,227
Aug 200118526,56724.873.05$85,714
Jul 200118526,46123.933.20$89,025
Jun 20017928,68824.563.82$111,648
May 20012431,58525.524.31$136,659
Apr 20015330,78124.685.34$165,535
Mar 20013236,76524.545.38$198,450
Feb 20019337,76327.755.77$220,363
Jan 200124453,80927.478.40$458,632
Dec 20004368,44326.889.12$625,527

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             0 bbl  × $106.41 =         $0
Gas                4,945 Mcf  × $  3.05 =    $15,062

────────────────────────────────────────────────────
Month total                                  $15,062

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/180307 is the state's own key, not one this site invented.