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 186223District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$993 k
Oct 2001 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
296
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 Gas112002-03-15146553
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
CondensateDisposition1,093 bbl$55,323
GasProduction208,680 Mcf$938,037
Total$993,361

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 27.3967, -99.1128. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39666, -99.11276 · 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
10,100 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 10,100 ft.

Completions filed
Oct 2001
1 of 1 wells

1 well

42-47937892110,100 ftOct 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 (296)

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

296 months

May 20260393106.413.05$1,197
Apr 2026037798.932.87$1,082
Mar 2026042989.753.15$1,351
Feb 2026037063.503.75$1,388
Jan 2026039659.138.00$3,167
Dec 2025039656.664.41$1,748
Nov 2025039658.593.93$1,555
Oct 2025044859.383.30$1,481
Sep 2025045362.743.08$1,394
Aug 2025042363.933.01$1,275
Jul 2025026766.743.32$885
Jun 2025040866.483.13$1,277
May 2025041560.553.23$1,341
Apr 2025036062.363.54$1,276
Mar 2025039567.704.27$1,686
Feb 2025034870.884.34$1,511
Jan 2025038974.324.28$1,664
Dec 2024042168.993.12$1,314
Nov 2024034169.052.20$750
Oct 2024026571.372.28$605
Sep 2024037269.612.36$880
Aug 2024040575.632.06$836
Jul 2024038579.932.15$826
Jun 2024063878.082.63$1,680
May 2024033778.812.20$741
Apr 2024033584.451.66$556
Mar 2024035980.301.55$555
Feb 2024036276.091.78$646
Jan 2024041073.023.30$1,352
Dec 2023031871.262.61$830
Nov 2023039077.892.81$1,095
Oct 2023020085.443.09$617
Sep 2023028489.042.74$777
Aug 2023022680.522.67$604
Jul 2023023974.852.64$631
Jun 2023034268.962.26$772
May 2023035270.622.23$784
Apr 2023030178.122.24$674
Mar 2023033472.852.39$799
Feb 2023029975.112.47$737
Jan 2023028376.533.39$959
Dec 202201,29676.415.73$7,425
Nov 2022025285.005.65$1,423
Oct 2022036387.185.86$2,129
Sep 2022022684.888.16$1,845
Aug 2022030294.529.13$2,756
Jul 20220307101.587.54$2,315
Jun 20220314115.097.98$2,505
May 202247329109.378.43$7,915
Apr 20220376104.226.84$2,571
Mar 20220307108.885.08$1,558
Feb 2022030591.054.86$1,482
Jan 2022032281.844.54$1,461
Dec 2021035471.323.90$1,380
Nov 2021031277.435.24$1,634
Oct 2021031279.795.71$1,783
Sep 2021025069.865.35$1,338
Aug 2021033366.024.22$1,405
Jul 2021035770.783.98$1,422
Jun 2021042969.493.38$1,450
May 2021044563.483.02$1,343
Apr 2021050960.362.76$1,404
Mar 2021055261.302.72$1,500
Feb 2021034057.805.55$1,886
Jan 2021071450.412.81$2,007
Dec 2020044444.642.68$1,188
Nov 2020029738.772.71$804
Oct 2020026436.972.48$654
Sep 2020050237.091.99$1,000
Aug 2020043939.982.39$1,047
Jul 2020042338.371.83$772
Jun 2020052134.901.69$881
May 2020039416.921.81$715
Apr 2020034314.751.80$619
Mar 2020039730.341.86$737
Feb 2020041249.881.98$816
Jan 2020035757.252.09$748
Dec 2019045659.012.30$1,051
Nov 2019049555.302.75$1,362
Oct 2019050953.472.42$1,231
Sep 2019025855.052.66$686
Aug 2019030553.112.30$703
Jul 201906256.272.46$153
Jun 2019010252.782.49$254
May 2019029158.482.74$797
Apr 2019027762.632.75$762
Mar 2019040856.803.06$1,249
Feb 2019026350.852.79$734
Jan 2019040346.033.23$1,301
Dec 2018028046.594.19$1,172
Nov 2018021252.934.24$898
Oct 2018035061.443.40$1,189
Sep 2018027259.543.11$845
Aug 2018016059.403.07$491
Jul 2018022965.142.93$671
Jun 2018030060.183.08$923
May 2018028565.382.90$827
Apr 2018039863.842.90$1,155
Mar 2018027761.222.79$772
Feb 2018048361.782.77$1,336
Jan 2018057662.874.01$2,309
Dec 2017046357.272.92$1,353
Nov 2017033555.423.12$1,045
Oct 2017039349.292.98$1,173
Sep 2017039447.523.09$1,216
Aug 2017043245.373.00$1,298
Jul 2017046943.873.09$1,448
Jun 2017049442.493.09$1,525
May 2017055645.373.26$1,814
Apr 20175682247.933.21$5,324
Mar 2017020746.772.98$618
Feb 2017022050.452.95$650
Jan 2017027649.413.42$944
Dec 2016014948.763.72$555
Nov 2016015142.492.64$399
Oct 2016018746.193.09$578
Sep 2016015841.553.10$490
Aug 2016017541.442.92$512
Jul 2016015941.622.92$465
Jun 2016017045.352.69$457
May 2016020542.521.99$408
Apr 2016017036.561.99$338
Mar 2016024033.011.79$431
Feb 2016029926.472.06$617
Jan 2016042927.352.36$1,014
Dec 2015040932.362.00$819
Nov 2015039638.792.17$858
Oct 2015036843.552.43$893
Sep 2015033342.992.76$919
Aug 2015028240.162.87$810
Jul 2015031548.152.95$928
Jun 2015042156.152.88$1,214
May 2015029355.212.96$866
Apr 2015028049.822.71$758
Mar 2015038442.892.93$1,127
Feb 2015036344.662.98$1,080
Jan 2015027943.433.10$865
Dec 2014036954.693.59$1,325
Nov 201408870.464.25$374
Oct 2014011078.303.90$429
Sep 2014011486.164.05$461
Aug 2014014389.394.04$577
Jul 2014017496.564.18$727
Jun 2014029598.164.74$1,397
May 20148043994.734.73$9,653
Apr 2014036395.944.81$1,746
Mar 2014036795.895.06$1,856
Feb 2014079597.406.19$4,923
Jan 2014045390.404.86$2,202
Dec 201307091.824.35$305
Nov 2013031788.853.74$1,185
Oct 2013036697.423.78$1,383
Sep 20130382104.113.72$1,420
Aug 20130524104.253.52$1,846
Jul 20130381102.523.72$1,416
Jun 2013040094.403.93$1,573
May 2013052194.834.15$2,162
Apr 2013046293.964.28$1,979
Mar 2013059493.623.91$2,324
Feb 2013037991.233.42$1,296
Jan 2013046991.603.42$1,604
Dec 2012067486.773.42$2,305
Nov 2012038586.953.62$1,396
Oct 2012039589.383.40$1,343
Sep 2012039994.672.92$1,164
Aug 2012042392.662.91$1,230
Jul 2012045385.133.02$1,368
Jun 2012056579.822.52$1,423
May 2012052291.612.49$1,299
Apr 20120569101.652.00$1,136
Mar 20120446105.052.22$991
Feb 20120504101.102.57$1,295
Jan 2012054898.092.73$1,498
Dec 2011043496.873.24$1,406
Nov 20112842195.723.31$4,074
Oct 2011051984.983.65$1,894
Sep 2011060483.623.99$2,407
Aug 2011048783.404.15$2,021
Jul 2011053794.144.52$2,426
Jun 2011069092.904.64$3,202
May 2011029598.134.40$1,299
Apr 20110596105.964.33$2,583
Mar 2011071896.364.06$2,913
Feb 2011054785.644.18$2,286
Jan 2011042186.504.59$1,932
Dec 2010060985.734.35$2,648
Nov 2010043080.843.80$1,632
Oct 2010045478.103.51$1,593
Sep 20104544172.633.98$5,023
Aug 2010042773.684.42$1,887
Jul 2010048872.554.74$2,311
Jun 2010069870.364.91$3,427
May 2010056571.124.24$2,393
Apr 2010090081.694.12$3,710
Mar 201001,07178.394.39$4,700
Feb 2010045573.585.44$2,476
Jan 2010051874.365.96$3,089
Dec 2009076171.445.48$4,173
Nov 2009054274.593.75$2,033
Oct 2009052472.544.11$2,154
Sep 2009054365.543.06$1,664
Aug 2009057867.423.22$1,860
Jul 2009059561.133.46$2,061
Jun 2009070066.163.90$2,727
May 2009035854.743.93$1,405
Apr 2009064746.773.59$2,321
Mar 2009059742.144.06$2,423
Feb 2009053732.814.63$2,488
Jan 2009038735.865.37$2,079
Dec 2008062937.105.98$3,760
Nov 20084937855.496.86$5,312
Oct 200801,03775.246.92$7,178
Sep 20080302101.767.88$2,379
Aug 20080276114.228.48$2,341
Jul 20080674131.0811.39$7,676
Jun 20080797131.3313.03$10,387
May 20080789123.1711.57$9,132
Apr 20080702110.3110.45$7,339
Mar 20080462101.909.66$4,465
Feb 2008057592.538.77$5,043
Jan 2008055990.388.21$4,587
Dec 2007066188.337.30$4,827
Nov 2007611,04791.677.29$13,226
Oct 2007051082.856.92$3,530
Sep 2007052375.846.24$3,266
Aug 2007067969.066.39$4,337
Jul 200701,02270.906.39$6,528
Jun 2007026662.007.55$2,008
May 200701,32558.747.85$10,396
Apr 2007070859.617.81$5,526
Mar 2007076356.927.30$5,571
Feb 2007075555.108.22$6,203
Jan 2007089650.306.73$6,027
Dec 200601,61856.656.92$11,194
Nov 2006027554.207.62$2,095
Oct 2006069254.906.01$4,162
Sep 2006050660.085.04$2,549
Aug 2006045668.717.34$3,347
Jul 200601,33269.376.34$8,449
Jun 20068242366.286.38$8,135
May 2006077866.016.42$4,999
Apr 2006089464.397.36$6,580
Mar 2006094056.707.08$6,658
Feb 2006075757.597.75$5,868
Jan 2006066960.598.93$5,976
Dec 2005074254.9413.42$9,954
Nov 2005069354.6910.59$7,338
Oct 20057176258.3413.80$14,655
Sep 2005078361.4512.08$9,458
Aug 2005071861.519.80$7,034
Jul 2005092555.697.84$7,255
Jun 2005080852.337.38$5,964
May 200501,03045.226.65$6,851
Apr 2005070849.207.36$5,211
Mar 2005077450.377.15$5,538
Feb 2005075245.226.31$4,747
Jan 2005092643.166.32$5,854
Dec 20048384639.866.75$9,020
Nov 2004091745.286.33$5,805
Oct 200402,09249.706.52$13,630
Sep 200401,12343.245.28$5,934
Aug 2004098642.375.55$5,473
Jul 200401,30538.286.08$7,940
Jun 200401,47836.106.43$9,508
May 2004087537.486.49$5,683
Apr 2004079334.475.86$4,646
Mar 200401,40234.365.53$7,753
Feb 200401,60732.455.51$8,854
Jan 200402,12632.036.30$13,393
Dec 20038862230.266.30$6,583
Nov 2003056828.804.60$2,610
Oct 2003065628.174.76$3,122
Sep 20032131,81226.314.75$14,210
Aug 2003016929.765.13$867
Jul 200301,04229.415.17$5,388
Jun 200301,35728.565.98$8,119
May 200301,14826.595.97$6,857
Apr 200301,16226.675.41$6,283
Mar 200301,25331.146.10$7,638
Feb 200301,16133.487.93$9,202
Jan 200301,37130.315.58$7,653
Dec 200201,48926.914.85$7,227
Nov 200201,63524.664.14$6,764
Oct 200201,56826.464.23$6,631
Sep 200201,71527.443.64$6,234
Aug 200201,26125.963.16$3,990
Jul 200202,41424.583.06$7,391
Jun 20021908,36923.733.34$32,446
May 2002013,09524.663.58$46,932
Apr 200202,29523.653.51$8,061
Mar 200202,79922.003.10$8,685
Feb 200202,42918.222.38$5,771
Jan 200203,66717.172.38$8,712
Dec 200104,75216.932.36$11,236
Nov 200105,48918.072.41$13,204
Oct 200109,39719.782.53$23,764

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                  393 Mcf  × $  3.05 =     $1,197

────────────────────────────────────────────────────
Month total                                   $1,197

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/186223 is the state's own key, not one this site invented.