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 181931District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.8 M
Mar 2001 – May 2026
Value, last 12 filed months
$132 k
at the published price for each month
Months reported
303
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 Gas112001-05-21143897
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
CondensateDisposition31,834 bbl$1,174,975
GasProduction3,474,810 Mcf$16,640,852
Total$17,815,827

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 27.3941, -99.1365. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39405, -99.13649 · 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
9,850 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
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 9,850 ft.

Completions filed
Mar 2001
1 of 1 wells

1 well

42-47937683939,850 ftMar 2001

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 (303)

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

303 months

May 202672,985106.413.05$9,837
Apr 2026122,73298.932.87$9,027
Mar 202672,79189.753.15$9,418
Feb 202652,49263.503.75$9,663
Jan 202652,78659.138.00$22,578
Dec 202522,84256.664.41$12,656
Nov 2025102,77958.593.93$11,497
Oct 202552,91259.383.30$9,921
Sep 202552,78062.743.08$8,868
Aug 202542,95163.933.01$9,152
Jul 2025122,94266.743.32$10,554
Jun 202502,84466.483.13$8,898
May 202592,88260.553.23$9,861
Apr 202572,59462.363.54$9,627
Mar 202562,65067.704.27$11,717
Feb 202532,35770.884.34$10,444
Jan 202581,32174.324.28$6,247
Dec 2024133,40768.993.12$11,531
Nov 202473,49469.052.20$8,165
Oct 2024133,71571.372.28$9,403
Sep 202463,46969.612.36$8,620
Aug 202493,73175.632.06$8,380
Jul 202493,81879.932.15$8,915
Jun 202483,81378.082.63$10,668
May 202464,15878.812.20$9,614
Apr 202464,29584.451.66$7,633
Mar 202432,21480.301.55$3,662
Feb 2024049676.091.78$885
Jan 20248073.023.30$584
Dec 2023113,05071.262.61$8,747
Nov 202333,78477.892.81$10,857
Oct 202364,16385.443.09$13,365
Sep 2023265789.042.74$1,975
Aug 202362,56580.522.67$7,339
Jul 202393,38374.852.64$9,611
Jun 202364,07168.962.26$9,608
May 2023163,39170.622.23$8,683
Apr 2023123,20278.122.24$8,103
Mar 2023164,28072.852.39$11,408
Feb 202393,47775.112.47$9,249
Jan 2023123,59076.533.39$13,080
Dec 2022183,90276.415.73$23,730
Nov 2022144,24585.005.65$25,158
Oct 2022174,43187.185.86$27,464
Sep 202244,21084.888.16$34,709
Aug 2022104,67494.529.13$43,606
Jul 2022174,518101.587.54$35,802
Jun 2022124,985115.097.98$41,147
May 2022115,362109.378.43$46,421
Apr 2022135,235104.226.84$37,150
Mar 2022106,359108.885.08$33,370
Feb 2022122491.054.86$1,179
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20216077.435.24$465
Oct 2021163,15079.795.71$19,275
Sep 202194,26469.865.35$23,445
Aug 2021124,19966.024.22$18,515
Jul 2021124,68670.783.98$19,509
Jun 202164,90069.493.38$16,982
May 2021175,29663.483.02$17,061
Apr 2021175,60060.362.76$16,473
Mar 2021143,78961.302.72$11,153
Feb 2021104,18657.805.55$23,802
Jan 202183,15950.412.81$9,281
Dec 202063,10344.642.68$8,570
Nov 2020102,94538.772.71$8,359
Oct 2020103,18736.972.48$8,268
Sep 202063,86037.091.99$7,908
Aug 202054,31939.982.39$10,501
Jul 2020164,55438.371.83$8,926
Jun 2020134,53934.901.69$8,126
May 202004,49816.921.81$8,163
Apr 2020144,31714.751.80$7,996
Mar 202094,35030.341.86$8,348
Feb 202084,31249.881.98$8,940
Jan 2020144,35957.252.09$9,932
Dec 2019144,61259.012.30$11,454
Nov 2019144,33355.302.75$12,693
Oct 2019144,47053.472.42$11,559
Sep 2019164,39555.052.66$12,560
Aug 2019184,51253.112.30$11,353
Jul 2019124,60356.272.46$11,999
Jun 2019124,56952.782.49$12,016
May 2019195,07758.482.74$15,024
Apr 2019184,93262.632.75$14,694
Mar 2019154,94156.803.06$15,982
Feb 2019194,57050.852.79$13,727
Jan 2019204,88946.033.23$16,703
Dec 2018165,18246.594.19$22,434
Nov 2018165,24552.934.24$23,071
Oct 2018165,29561.443.40$18,976
Sep 2018165,09959.543.11$16,800
Aug 2018105,51059.403.07$17,491
Jul 2018155,52565.142.93$17,176
Jun 2018125,29660.183.08$17,018
May 2018185,38065.382.90$16,783
Apr 2018265,73063.842.90$18,281
Mar 2018125,22161.222.79$15,285
Feb 2018214,87161.782.77$14,771
Jan 2018195,54962.874.01$23,442
Dec 2017245,43257.272.92$17,244
Nov 201795,30755.423.12$17,048
Oct 2017185,80549.292.98$18,207
Sep 2017155,64247.523.09$18,131
Aug 201795,69745.373.00$17,524
Jul 2017106,01943.873.09$19,021
Jun 201706,01242.493.09$18,561
May 201705,97445.373.26$19,496
Apr 201705,49947.933.21$17,661
Mar 201705,47946.772.98$16,348
Feb 201704,83350.452.95$14,270
Jan 201705,79749.413.42$19,819
Dec 201605,76448.763.72$21,458
Nov 201605,71842.492.64$15,120
Oct 201605,66446.193.09$17,503
Sep 201605,58041.553.10$17,302
Aug 201605,80541.442.92$16,976
Jul 201605,71541.622.92$16,713
Jun 201605,92145.352.69$15,903
May 201606,05442.521.99$12,054
Apr 201606,16536.561.99$12,275
Mar 201606,54133.011.79$11,735
Feb 201604,77326.472.06$9,850
Jan 201605,96527.352.36$14,103
Dec 201506,94432.362.00$13,898
Nov 201506,64338.792.17$14,398
Oct 201507,92243.552.43$19,223
Sep 201507,38542.992.76$20,371
Aug 201509,02540.162.87$25,924
Jul 201507,15248.152.95$21,063
Jun 201508,99856.152.88$25,940
May 201503,62255.212.96$10,705
Apr 201505,46349.822.71$14,786
Mar 201505,32342.892.93$15,621
Feb 201505,45544.662.98$16,235
Jan 201506,88343.433.10$21,342
Dec 201406,50454.693.59$23,358
Nov 201407,38170.464.25$31,383
Oct 201409,68578.303.90$37,781
Sep 201406,52986.164.05$26,413
Aug 201405,49989.394.04$22,189
Jul 201404,76096.564.18$19,895
Jun 201404,39498.164.74$20,814
May 201404,86694.734.73$22,999
Apr 201401,63295.944.81$7,848
Mar 201402,41595.895.06$12,212
Feb 201402,78697.406.19$17,251
Jan 201404,42490.404.86$21,504
Dec 201304,56991.824.35$19,896
Nov 201304,80188.853.74$17,947
Oct 201306,32097.423.78$23,886
Sep 201305,251104.113.72$19,522
Aug 201305,625104.253.52$19,815
Jul 201304,596102.523.72$17,087
Jun 201345,16394.403.93$20,686
May 2013304,38694.834.15$21,043
Apr 2013355,22293.964.28$25,652
Mar 2013335,35193.623.91$24,027
Feb 2013374,37491.233.42$18,334
Jan 2013335,74591.603.42$22,670
Dec 2012267,13586.773.42$26,659
Nov 2012397,18986.953.62$29,451
Oct 2012535,82389.383.40$24,533
Sep 2012576,18094.672.92$23,432
Aug 2012364,40292.662.91$16,137
Jul 2012294,78185.133.02$16,911
Jun 201203,83679.822.52$9,663
May 201205,21191.612.49$12,967
Apr 201206,498101.652.00$12,975
Mar 201206,717105.052.22$14,926
Feb 201206,551101.102.57$16,838
Jan 201207,28498.092.73$19,915
Dec 201106,56896.873.24$21,279
Nov 201107,84195.723.31$25,964
Oct 201107,57584.983.65$27,638
Sep 201107,56983.623.99$30,169
Aug 201107,06683.404.15$29,319
Jul 201107,39094.144.52$33,382
Jun 201107,22592.904.64$33,523
May 201106,98198.134.40$30,750
Apr 201107,480105.964.33$32,413
Mar 201108,14396.364.06$33,039
Feb 201108,18085.644.18$34,192
Jan 201107,48886.504.59$34,361
Dec 201007,83485.734.35$34,060
Nov 201008,07280.843.80$30,636
Oct 201008,41178.103.51$29,513
Sep 201007,51672.633.98$29,910
Aug 201009,45973.684.42$41,803
Jul 201008,01372.554.74$37,953
Jun 201006,88270.364.91$33,793
May 201007,82771.124.24$33,149
Apr 201006,80581.694.12$28,055
Mar 201007,63178.394.39$33,490
Feb 201008,49973.585.44$46,255
Jan 201008,23974.365.96$49,138
Dec 200908,32971.445.48$45,674
Nov 200909,89374.593.75$37,114
Oct 200905,34072.544.11$21,949
Sep 200908,05065.543.06$24,671
Aug 200939,05267.423.22$29,336
Jul 20092910,60961.133.46$38,528
Jun 20092910,17166.163.90$41,535
May 20093910,69654.743.93$44,125
Apr 20094510,13946.773.59$38,478
Mar 20093910,38942.144.06$43,812
Feb 2009219,64932.814.63$45,393
Jan 20093510,28035.865.37$56,469
Dec 20083910,57237.105.98$64,637
Nov 20081039,88155.496.86$73,503
Oct 20089010,07075.246.92$76,476
Sep 20081179,635101.767.88$87,802
Aug 20088110,390114.228.48$97,390
Jul 2008310,525131.0811.39$120,267
Jun 20082210,447131.3313.03$139,041
May 20087411,187123.1711.57$138,596
Apr 20086210,852110.3110.45$120,295
Mar 20087511,283101.909.66$116,682
Feb 20089411,23492.538.77$107,227
Jan 200811111,89390.388.21$107,623
Dec 200710412,24588.337.30$98,599
Nov 200711110,85391.677.29$89,312
Oct 20078910,94082.856.92$83,100
Sep 20076711,48575.846.24$76,795
Aug 20077712,27769.066.39$83,742
Jul 20078813,90370.906.39$95,051
Jun 20079113,18162.007.55$105,138
May 20077312,53358.747.85$102,625
Apr 20078912,77859.617.81$105,040
Mar 200710714,06856.927.30$108,815
Feb 200711713,48555.108.22$117,239
Jan 200719013,72250.306.73$101,863
Dec 200621013,30756.656.92$103,960
Nov 200627012,02654.207.62$106,242
Oct 200626012,94654.906.01$92,129
Sep 200625313,22260.085.04$81,802
Aug 200626012,97668.717.34$113,107
Jul 200631514,20169.376.34$111,925
Jun 200633813,41066.286.38$108,010
May 20061614,45766.016.42$93,942
Apr 20061714,35864.397.36$106,776
Mar 20062216,92756.707.08$121,140
Feb 20061511,51657.597.75$90,126
Jan 20062116,93660.598.93$152,567
Dec 20051916,61054.9413.42$223,874
Nov 200516815,03254.6910.59$168,353
Oct 200515016,41058.3413.80$235,139
Sep 20059813,15261.4512.08$164,885
Aug 200516817,21861.519.80$179,016
Jul 200518418,14655.697.84$152,578
Jun 200519617,50552.337.38$139,462
May 200524618,28545.226.65$132,741
Apr 200526918,50249.207.36$149,418
Mar 20055019,47950.377.15$141,888
Feb 200531318,40045.226.31$130,293
Jan 200515919,44243.166.32$129,779
Dec 200436721,26839.866.75$158,211
Nov 200433521,21345.286.33$149,456
Oct 200430422,19149.706.52$159,685
Sep 200432222,38043.245.28$132,177
Aug 200431423,80342.375.55$145,427
Jul 20045825,00138.286.08$154,331
Jun 20046624,29636.106.43$158,679
May 200439017,66137.486.49$129,318
Apr 200443717,89534.475.86$119,901
Mar 200457619,53134.365.53$127,801
Feb 200443617,17532.455.51$108,776
Jan 200460220,00232.036.30$145,287
Dec 200356221,01030.266.30$149,404
Nov 200345422,00428.804.60$114,187
Oct 200344022,72728.174.76$120,567
Sep 200344322,76926.314.75$119,794
Aug 200343423,74529.765.13$134,721
Jul 200352523,24029.415.17$135,611
Jun 200342826,68628.565.98$171,885
May 200346528,22526.595.97$180,943
Apr 200346427,84226.675.41$162,924
Mar 200367528,66931.146.10$195,787
Feb 200358625,77433.487.93$223,901
Jan 200362229,94630.315.58$186,013
Dec 200265330,20726.914.85$164,190
Nov 200244730,16224.664.14$135,802
Oct 200245432,07226.464.23$147,649
Sep 200241432,46627.443.64$129,381
Aug 200239733,35425.963.16$115,844
Jul 200245235,82424.583.06$120,795
Jun 200210831,45123.733.34$107,554
May 200214232,66024.663.58$120,555
Apr 200215136,75223.653.51$132,656
Mar 200225139,52022.003.10$128,141
Feb 2002441,24618.222.38$98,060
Jan 200254347,19417.172.38$121,441
Dec 200144848,89116.932.36$123,183
Nov 200167250,88018.072.41$134,536
Oct 200159656,62619.782.53$154,989
Sep 200160259,80324.262.25$149,240
Aug 200160165,31224.873.05$214,355
Jul 20011,31875,04823.933.20$271,474
Jun 20011,33585,21024.563.82$358,644
May 20011,326105,98625.524.31$490,355
Apr 20012,009141,14524.685.34$802,636
Mar 200172263,50824.545.38$359,165

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             7 bbl  × $106.41 =       $745
Gas                2,985 Mcf  × $  3.05 =     $9,092

────────────────────────────────────────────────────
Month total                                   $9,837

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/181931 is the state's own key, not one this site invented.