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 186803District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Dec 2001 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
294
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 Gas112002-05-06146916
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
CondensateDisposition4,497 bbl$144,042
GasProduction445,386 Mcf$2,120,384
Total$2,264,426

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 27.4320, -99.1556. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43201, -99.15562 · 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
Dec 2001
1 of 1 wells

1 well

42-4793796614210,900 ftDec 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 (294)

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

294 months

May 20260120106.413.05$366
Apr 2026111198.932.87$417
Mar 2026011089.753.15$346
Feb 2026012663.503.75$473
Jan 2026014759.138.00$1,176
Dec 2025011756.664.41$516
Nov 2025014458.593.93$565
Oct 2025012359.383.30$407
Sep 2025015162.743.08$465
Aug 2025010563.933.01$317
Jul 2025114866.743.32$557
Jun 2025011366.483.13$354
May 2025012660.553.23$407
Apr 2025011362.363.54$400
Mar 2025014967.704.27$636
Feb 2025010770.884.34$464
Jan 2025012074.324.28$513
Dec 2024012568.993.12$390
Nov 2024010869.052.20$237
Oct 2024012171.372.28$276
Sep 2024011369.612.36$267
Aug 2024011975.632.06$246
Jul 2024014379.932.15$307
Jun 2024014878.082.63$390
May 2024017878.812.20$391
Apr 2024016584.451.66$274
Mar 2024021180.301.55$326
Feb 2024118476.091.78$404
Jan 2024121973.023.30$795
Dec 2023122571.262.61$659
Nov 2023120877.892.81$662
Oct 2023021185.443.09$651
Sep 2023123189.042.74$721
Aug 2023023080.522.67$615
Jul 2023020374.852.64$536
Jun 2023122968.962.26$586
May 2023122770.622.23$576
Apr 2023124578.122.24$626
Mar 2023121772.852.39$592
Feb 2023122775.112.47$635
Jan 2023123076.533.39$856
Dec 2022122476.415.73$1,360
Nov 2022123185.005.65$1,389
Oct 2022123187.185.86$1,442
Sep 2022122584.888.16$1,922
Aug 2022122094.529.13$2,103
Jul 20221265101.587.54$2,100
Jun 20221253115.097.98$2,133
May 20221252109.378.43$2,235
Apr 20221227104.226.84$1,656
Mar 20221236108.885.08$1,307
Feb 2022122391.054.86$1,175
Jan 2022124681.844.54$1,198
Dec 2021125271.323.90$1,054
Nov 2021122677.435.24$1,261
Oct 2021126279.795.71$1,577
Sep 2021123369.865.35$1,317
Aug 2021127066.024.22$1,206
Jul 2021127270.783.98$1,154
Jun 2021022869.493.38$771
May 2021128963.483.02$936
Apr 2021125760.362.76$769
Mar 2021120861.302.72$626
Feb 2021122957.805.55$1,328
Jan 2021123250.412.81$702
Dec 2020128744.642.68$813
Nov 2020125938.772.71$740
Oct 2020124236.972.48$637
Sep 2020124637.091.99$527
Aug 2020024039.982.39$572
Jul 2020122538.371.83$449
Jun 2020021534.901.69$363
May 2020010816.921.81$196
Apr 2020014914.751.80$269
Mar 2020025230.341.86$468
Feb 2020023949.881.98$473
Jan 2020125957.252.09$600
Dec 2019124359.012.30$619
Nov 2019124255.302.75$721
Oct 2019127453.472.42$716
Sep 2019112155.052.66$377
Aug 2019126853.112.30$671
Jul 2019027056.272.46$664
Jun 2019026852.782.49$668
May 2019126458.482.74$782
Apr 2019125762.632.75$770
Mar 2019027656.803.06$845
Feb 2019124650.852.79$738
Jan 2019118746.033.23$650
Dec 2018126146.594.19$1,139
Nov 2018129352.934.24$1,294
Oct 2018135561.443.40$1,268
Sep 2018131559.543.11$1,039
Aug 2018129059.403.07$949
Jul 2018130165.142.93$948
Jun 2018328060.183.08$1,042
May 2018028665.382.90$830
Apr 2018127763.842.90$867
Mar 2018029261.222.79$814
Feb 2018127061.782.77$809
Jan 2018129862.874.01$1,258
Dec 2017128957.272.92$902
Nov 2017028955.423.12$901
Oct 2017131049.292.98$974
Sep 2017129747.523.09$964
Aug 2017131245.373.00$983
Jul 2017130443.873.09$982
Jun 2017029842.493.09$920
May 2017032245.373.26$1,051
Apr 2017030447.933.21$976
Mar 2017031046.772.98$925
Feb 2017028650.452.95$844
Jan 2017031349.413.42$1,070
Dec 2016033548.763.72$1,247
Nov 2016032342.492.64$854
Oct 2016033346.193.09$1,029
Sep 2016031941.553.10$989
Aug 2016031941.442.92$933
Jul 2016031541.622.92$921
Jun 2016032945.352.69$884
May 2016034842.521.99$693
Apr 2016035536.561.99$707
Mar 2016042333.011.79$759
Feb 2016028726.472.06$592
Jan 2016043627.352.36$1,031
Dec 2015051432.362.00$1,029
Nov 2015050038.792.17$1,084
Oct 2015053743.552.43$1,303
Sep 2015056942.992.76$1,570
Aug 2015057040.162.87$1,637
Jul 2015073048.152.95$2,150
Jun 2015081456.152.88$2,347
May 2015079655.212.96$2,353
Apr 2015089349.822.71$2,417
Mar 2015093442.892.93$2,741
Feb 2015053044.662.98$1,577
Jan 2015057643.433.10$1,786
Dec 2014057954.693.59$2,079
Nov 2014050370.464.25$2,139
Oct 2014056778.303.90$2,212
Sep 2014054986.164.05$2,221
Aug 2014057089.394.04$2,300
Jul 2014059096.564.18$2,466
Jun 2014060398.164.74$2,856
May 2014035494.734.73$1,673
Apr 2014038295.944.81$1,837
Mar 2014037895.895.06$1,911
Feb 2014033597.406.19$2,074
Jan 2014037690.404.86$1,828
Dec 2013041191.824.35$1,790
Nov 2013040488.853.74$1,510
Oct 2013040597.423.78$1,531
Sep 20130400104.113.72$1,487
Aug 20130408104.253.52$1,437
Jul 20130411102.523.72$1,528
Jun 2013041294.403.93$1,621
May 2013043294.834.15$1,792
Apr 2013043793.964.28$1,871
Mar 2013040293.623.91$1,573
Feb 2013036291.233.42$1,238
Jan 2013041091.603.42$1,402
Dec 2012042086.773.42$1,436
Nov 2012039986.953.62$1,446
Oct 2012042989.383.40$1,458
Sep 2012043494.672.92$1,267
Aug 2012044892.662.91$1,303
Jul 2012044885.133.02$1,353
Jun 2012043279.822.52$1,088
May 2012041091.612.49$1,020
Apr 20120409101.652.00$817
Mar 20120432105.052.22$960
Feb 20120439101.102.57$1,128
Jan 2012045598.092.73$1,244
Dec 2011044996.873.24$1,455
Nov 2011048695.723.31$1,609
Oct 2011047884.983.65$1,744
Sep 2011047683.623.99$1,897
Aug 2011050683.404.15$2,100
Jul 2011051594.144.52$2,326
Jun 2011053992.904.64$2,501
May 2011055698.134.40$2,449
Apr 20110590105.964.33$2,557
Mar 2011057996.364.06$2,349
Feb 2011055585.644.18$2,320
Jan 2011061886.504.59$2,836
Dec 2010260185.734.35$2,784
Nov 2010972280.843.80$3,468
Oct 2010768778.103.51$2,957
Sep 2010869572.633.98$3,347
Aug 2010872773.684.42$3,802
Jul 2010880472.554.74$4,389
Jun 201071,01870.364.91$5,491
May 2010082371.124.24$3,486
Apr 2010090181.694.12$3,715
Mar 201001,04778.394.39$4,595
Feb 2010070373.585.44$3,826
Jan 2010099674.365.96$5,940
Dec 200991,01171.445.48$6,187
Nov 2009421,03174.593.75$7,001
Oct 2009421,14072.544.11$7,732
Sep 20093489765.543.06$4,977
Aug 2009351,05667.423.22$5,758
Jul 2009441,18061.133.46$6,778
Jun 2009451,17766.163.90$7,562
May 2009581,27454.743.93$8,176
Apr 2009661,22546.773.59$7,482
Mar 2009561,22542.144.06$7,332
Feb 2009321,18332.814.63$6,531
Jan 2009561,33735.865.37$9,189
Dec 2008501,30137.105.98$9,631
Nov 200801,34755.496.86$9,241
Oct 200801,52675.246.92$10,563
Sep 200801,558101.767.88$12,273
Aug 200801,738114.228.48$14,743
Jul 200802,238131.0811.39$25,490
Jun 20080896131.3313.03$11,677
May 200801,938123.1711.57$22,431
Apr 20080901110.3110.45$9,420
Mar 200801,581101.909.66$15,279
Feb 200802,03192.538.77$17,813
Jan 200801,20490.388.21$9,880
Dec 200701,64088.337.30$11,975
Nov 200701,28191.677.29$9,341
Oct 200701,58182.856.92$10,944
Sep 200701,46875.846.24$9,166
Aug 200701,66169.066.39$10,610
Jul 200701,82470.906.39$11,652
Jun 200701,32662.007.55$10,009
May 200701,65158.747.85$12,954
Apr 200701,69359.617.81$13,214
Mar 200702,12856.927.30$15,539
Feb 200701,27755.108.22$10,492
Jan 2007095450.306.73$6,417
Dec 200611,14056.656.92$7,944
Nov 20061798954.207.62$8,455
Oct 2006171,09254.906.01$7,500
Sep 2006171,18960.085.04$7,011
Aug 2006181,21868.717.34$10,177
Jul 2006271,58869.376.34$11,945
Jun 2006392,06566.286.38$15,768
May 200601,55766.016.42$10,004
Apr 2006075664.397.36$5,565
Mar 2006015156.707.08$1,070
Feb 2006039957.597.75$3,093
Jan 200601,48860.598.93$13,293
Dec 200511,95254.9413.42$26,242
Nov 2005262,13654.6910.59$24,039
Oct 2005252,44158.3413.80$35,134
Sep 2005172,02661.4512.08$25,517
Aug 2005272,45861.519.80$25,741
Jul 2005302,77855.697.84$23,460
Jun 200552,14352.337.38$16,079
May 200562,80045.226.65$18,895
Apr 200551,80349.207.36$13,517
Mar 200511,96850.377.15$14,131
Feb 200572,46445.226.31$15,869
Jan 200552,61343.166.32$16,736
Dec 20041042,93539.866.75$23,960
Nov 20041063,24345.286.33$25,329
Oct 2004802,80349.706.52$22,238
Sep 20041043,50343.245.28$23,006
Aug 20041113,90942.375.55$26,401
Jul 20041143,59938.286.08$26,261
Jun 2004653,52836.106.43$25,042
May 2004644,04837.486.49$28,689
Apr 2004724,18234.475.86$26,982
Mar 2004934,41434.365.53$27,606
Feb 2004764,22832.455.51$25,761
Jan 2004954,78132.036.30$33,161
Dec 200305,28430.266.30$33,298
Nov 200303,96428.804.60$18,215
Oct 200304,11828.174.76$19,600
Sep 200303,65326.314.75$17,349
Aug 200304,01229.765.13$20,580
Jul 200304,31129.415.17$22,291
Jun 200305,31928.565.98$31,823
May 200305,96826.595.97$35,645
Apr 200307,54626.675.41$40,803
Mar 2003010,95231.146.10$66,764
Feb 200305,94733.487.93$47,135
Jan 200306,62630.315.58$36,987
Dec 2002117,36926.914.85$36,063
Nov 200297,17624.664.14$29,909
Oct 2002118,55626.464.23$36,475
Sep 200276,24227.443.64$22,883
Aug 200254,38925.963.16$14,017
Jul 2002108,35024.583.06$25,812
Jun 2002658,87723.733.34$31,176
May 200210311,14324.663.58$42,476
Apr 20029310,57923.653.51$39,356
Mar 200219013,12822.003.10$44,913
Feb 200253617,33818.222.38$50,955
Jan 200290139,90717.172.38$110,276
Dec 200149528,54816.932.36$75,879

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                  120 Mcf  × $  3.05 =       $366

────────────────────────────────────────────────────
Month total                                     $366

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/186803 is the state's own key, not one this site invented.