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 186827District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Nov 2001 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
295
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 Gas112002-05-06146928
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
CondensateDisposition1,524 bbl$76,973
GasProduction2,054,964 Mcf$9,927,980
Total$10,004,953

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 27.3474, -99.1726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34745, -99.17257 · 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
11,250 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 11,250 ft.

Completions filed
Nov 2001
1 of 1 wells

1 well

42-4793736711611,250 ftNov 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 (295)

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

295 months

May 202651,841106.413.05$6,139
Apr 202601,60898.932.87$4,615
Mar 202661,61389.753.15$5,619
Feb 202601,70463.503.75$6,391
Jan 202602,13259.138.00$17,052
Dec 202502,36256.664.41$10,424
Nov 202552,17758.593.93$8,841
Oct 202501,75859.383.30$5,810
Sep 202581,84862.743.08$6,188
Aug 202502,03463.933.01$6,132
Jul 202551,87966.743.32$6,563
Jun 202551,77866.483.13$5,895
May 202501,96660.553.23$6,355
Apr 202551,94262.363.54$7,193
Mar 202502,28967.704.27$9,770
Feb 202571,28370.884.34$6,065
Jan 202502,49374.324.28$10,667
Dec 202462,03368.993.12$6,760
Nov 202472,21269.052.20$5,346
Oct 202402,36971.372.28$5,405
Sep 202462,03269.612.36$5,222
Aug 202401,91075.632.06$3,942
Jul 2024132,24079.932.15$5,847
Jun 202402,19678.082.63$5,784
May 202472,34678.812.20$5,709
Apr 202402,31884.451.66$3,846
Mar 202462,27980.301.55$4,003
Feb 202462,18976.091.78$4,361
Jan 202402,18173.023.30$7,192
Dec 202351,91071.262.61$5,343
Nov 202301,71677.892.81$4,818
Oct 202361,99085.443.09$6,656
Sep 202361,81789.042.74$5,504
Aug 202301,93080.522.67$5,159
Jul 202302,08374.852.64$5,503
Jun 202361,91268.962.26$4,732
May 202302,08070.622.23$4,633
Apr 202361,74878.122.24$4,380
Mar 202302,18372.852.39$5,224
Feb 202302,22175.112.47$5,476
Jan 202372,29776.533.39$8,317
Dec 202202,17876.415.73$12,478
Nov 202202,24685.005.65$12,681
Oct 202252,42087.185.86$14,626
Sep 202202,12784.888.16$17,364
Aug 202202,09294.529.13$19,094
Jul 202202,306101.587.54$17,392
Jun 202262,245115.097.98$18,599
May 202202,311109.378.43$19,489
Apr 202262,452104.226.84$17,391
Mar 202202,538108.885.08$12,884
Feb 202202,15191.054.86$10,451
Jan 202252,55881.844.54$12,017
Dec 202101,97371.323.90$7,693
Nov 202151,87477.435.24$10,201
Oct 202102,24679.795.71$12,833
Sep 202151,38969.865.35$7,782
Aug 202162,50366.024.22$10,960
Jul 202102,68470.783.98$10,688
Jun 202173,08169.493.38$10,902
May 202173,36463.483.02$10,596
Apr 202152,72460.362.76$7,816
Mar 202152,35261.302.72$6,697
Feb 202101,98157.805.55$10,990
Jan 202152,00050.412.81$5,873
Dec 202041,75244.642.68$4,866
Nov 202042,06138.772.71$5,733
Oct 202042,08936.972.48$5,325
Sep 202041,88737.091.99$3,905
Aug 202052,18939.982.39$5,421
Jul 2020112,40638.371.83$4,813
Jun 202061,91534.901.69$3,446
May 202002,87416.921.81$5,216
Apr 2020122,58014.751.80$4,832
Mar 202062,73030.341.86$5,250
Feb 202061,92449.881.98$4,110
Jan 202062,57957.252.09$5,746
Dec 201962,22959.012.30$5,490
Nov 2019112,15555.302.75$6,536
Oct 2019112,48353.472.42$6,593
Sep 201953,17855.052.66$8,720
Aug 201991,77153.112.30$4,559
Jul 201902,57256.272.46$6,327
Jun 201972,50252.782.49$6,602
May 201972,57758.482.74$7,471
Apr 201902,64862.632.75$7,284
Mar 201973,08256.803.06$9,835
Feb 201962,31750.852.79$6,775
Jan 2019122,58846.033.23$8,907
Dec 201803,00946.594.19$12,594
Nov 201872,56852.934.24$11,252
Oct 201802,99661.443.40$10,181
Sep 201862,97959.543.11$9,616
Aug 201862,74259.403.07$8,765
Jul 201862,86565.142.93$8,791
Jun 201852,62460.183.08$8,375
May 201862,76465.382.90$8,410
Apr 2018132,91963.842.90$9,297
Mar 201872,97561.222.79$8,719
Feb 201872,87661.782.77$8,388
Jan 201862,77062.874.01$11,483
Dec 201773,02557.272.92$9,238
Nov 201762,88155.423.12$9,317
Oct 201763,07949.292.98$9,482
Sep 2017132,78847.523.09$9,225
Aug 201752,95145.373.00$9,093
Jul 201772,73843.873.09$8,760
Jun 201732,70142.493.09$8,466
May 201733,16945.373.26$10,478
Apr 201782,85247.933.21$9,543
Mar 201753,09546.772.98$9,468
Feb 201772,64750.452.95$8,169
Jan 2017123,29649.413.42$11,861
Dec 2016122,60748.763.72$10,291
Nov 2016143,48342.492.64$9,805
Oct 2016293,99446.193.09$13,682
Sep 2016123,12041.553.10$10,173
Aug 2016133,47841.442.92$10,710
Jul 201603,25541.622.92$9,519
Jun 2016133,15345.352.69$9,058
May 2016133,56542.521.99$7,651
Apr 2016143,22236.561.99$6,927
Mar 2016173,81333.011.79$7,402
Feb 2016124,00126.472.06$8,574
Jan 201694,80127.352.36$11,597
Dec 201504,42632.362.00$8,858
Nov 201504,18738.792.17$9,075
Oct 201502,91543.552.43$7,073
Sep 201503,11742.992.76$8,598
Aug 201504,78340.162.87$13,739
Jul 201504,94048.152.95$14,549
Jun 201506,20356.152.88$17,882
May 201502,11155.212.96$6,239
Apr 201502,30849.822.71$6,247
Mar 201502,32142.892.93$6,811
Feb 201502,09944.662.98$6,247
Jan 201502,20343.433.10$6,831
Dec 201401,72654.693.59$6,199
Nov 201401,90870.464.25$8,113
Oct 201402,33178.303.90$9,093
Sep 201402,65586.164.05$10,741
Aug 201422,60589.394.04$10,690
Jul 201403,46096.564.18$14,461
Jun 201404,83698.164.74$22,908
May 201405,09794.734.73$24,091
Apr 2014134,31795.944.81$22,008
Mar 201405,57695.895.06$28,197
Feb 201402,41597.406.19$14,954
Jan 201404,43590.404.86$21,557
Dec 201302,88291.824.35$12,550
Nov 2013533,72288.853.74$18,623
Oct 201304,69597.423.78$17,744
Sep 201304,785104.113.72$17,789
Aug 201304,758104.253.52$16,761
Jul 2013135,630102.523.72$22,264
Jun 201304,37494.403.93$17,205
May 201304,98294.834.15$20,671
Apr 201304,22193.964.28$18,077
Mar 201305,03193.623.91$19,686
Feb 201305,43091.233.42$18,570
Jan 201309,07191.603.42$31,022
Dec 201201,56986.773.42$5,366
Nov 201207,60086.953.62$27,550
Oct 201202,61389.383.40$8,883
Sep 201201,44694.672.92$4,220
Aug 2012096692.662.91$2,809
Jul 201232,77585.133.02$8,638
Jun 201205,00279.822.52$12,600
May 201205,03991.612.49$12,539
Apr 201275,395101.652.00$11,484
Mar 201204,845105.052.22$10,766
Feb 201265,379101.102.57$14,432
Jan 201244,48098.092.73$12,641
Dec 201104,46496.873.24$14,462
Nov 201104,68695.723.31$15,517
Oct 201102,81484.983.65$10,267
Sep 201103,69983.623.99$14,743
Aug 201104,69983.404.15$19,498
Jul 201105,47694.144.52$24,736
Jun 201105,34192.904.64$24,782
May 201105,36698.134.40$23,636
Apr 201105,147105.964.33$22,303
Mar 201105,43996.364.06$22,068
Feb 201114,76185.644.18$19,987
Jan 2011315,44286.504.59$27,654
Dec 201005,26685.734.35$22,895
Nov 201005,18380.843.80$19,671
Oct 2010155,65778.103.51$21,021
Sep 201005,55572.633.98$22,106
Aug 201005,83673.684.42$25,791
Jul 201006,06872.554.74$28,741
Jun 201005,93070.364.91$29,119
May 201006,46171.124.24$27,364
Apr 201006,10981.694.12$25,186
Mar 201006,56878.394.39$28,825
Feb 201005,34273.585.44$29,073
Jan 201007,49574.365.96$44,701
Dec 200908,09071.445.48$44,364
Nov 200908,08174.593.75$30,316
Oct 200907,71972.544.11$31,727
Sep 200907,41765.543.06$22,731
Aug 200909,19067.423.22$29,578
Jul 200906,75161.133.46$23,389
Jun 200906,84066.163.90$26,642
May 2009010,06954.743.93$39,528
Apr 200908,63846.773.59$30,989
Mar 200902,89542.144.06$11,751
Feb 200903,06432.814.63$14,196
Jan 200903,32335.865.37$17,848
Dec 200805,73037.105.98$34,249
Nov 200808,92355.496.86$61,215
Oct 200808,49575.246.92$58,802
Sep 2008013,985101.767.88$110,161
Aug 200806,582114.228.48$55,835
Jul 200805,519131.0811.39$62,858
Jun 200806,149131.3313.03$80,138
May 200804,936123.1711.57$57,131
Apr 200806,280110.3110.45$65,657
Mar 200806,986101.909.66$67,513
Feb 200806,26792.538.77$54,965
Jan 200856,98290.388.21$57,744
Dec 2007310,54588.337.30$77,264
Nov 200726,80291.677.29$49,781
Oct 200738,50282.856.92$59,099
Sep 200738,35875.846.24$52,416
Aug 200747,54769.066.39$48,486
Jul 200748,01770.906.39$51,496
Jun 200759,10162.007.55$69,008
May 2007510,29058.747.85$81,032
Apr 200748,29859.617.81$65,006
Mar 2007610,37056.927.30$76,063
Feb 200765,69455.108.22$47,113
Jan 2007710,16250.306.73$68,710
Dec 200677,22456.656.92$50,375
Nov 200658,65754.207.62$66,216
Oct 2006611,03254.906.01$66,674
Sep 200647,61160.085.04$38,578
Aug 200698,92868.717.34$66,149
Jul 200669,89969.376.34$63,203
Jun 200669,81166.286.38$63,030
May 20061412,01066.016.42$78,088
Apr 2006712,52264.397.36$92,619
Mar 2006711,20856.707.08$79,782
Feb 2006811,11557.597.75$86,614
Jan 20061510,69960.598.93$96,486
Dec 20051015,90854.9413.42$213,962
Nov 200599,75054.6910.59$103,729
Oct 2005411,01658.3413.80$152,207
Sep 200589,41161.4512.08$114,167
Aug 2005810,91661.519.80$107,434
Jul 2005510,49155.697.84$82,566
Jun 200568,78852.337.38$65,179
May 2005212,88445.226.65$85,784
Apr 2005216,79649.207.36$123,725
Mar 200516,66450.377.15$47,730
Feb 2005111,93945.226.31$75,403
Jan 2005116,61243.166.32$105,068
Dec 2004016,25939.866.75$109,766
Nov 200413,36845.286.33$21,366
Oct 2004114,78149.706.52$96,349
Sep 2004113,43843.245.28$71,048
Aug 2004114,64942.375.55$81,354
Jul 2004218,81738.286.08$114,563
Jun 20041317,06736.106.43$110,262
May 20041924,12237.486.49$157,374
Apr 20041511,49534.475.86$67,860
Mar 20042114,12234.365.53$78,818
Feb 20043312,79632.455.51$71,572
Jan 2004814,53532.036.30$91,822
Dec 20031414,48530.266.30$91,703
Nov 2003013,78528.804.60$63,344
Oct 2003016,03928.174.76$76,340
Sep 2003014,91226.314.75$70,822
Aug 2003017,21129.765.13$88,288
Jul 2003017,87929.415.17$92,449
Jun 200319,41628.565.98$56,364
May 2003412,99426.595.97$77,715
Apr 2003213,21126.675.41$71,489
Mar 2003519,15131.146.10$116,901
Feb 2003518,34233.487.93$145,544
Jan 2003917,91730.315.58$100,286
Dec 20023923,28326.914.85$114,060
Nov 20026727,11024.664.14$113,805
Oct 20028825,19526.464.23$108,881
Sep 20023030,14627.443.64$110,410
Aug 20029041,63725.963.16$134,083
Jul 20023017,70524.583.06$54,946
Jun 2002012,71223.733.34$42,436
May 2002038,82624.663.58$139,152
Apr 2002037,84423.653.51$132,920
Mar 2002044,16822.003.10$137,041
Feb 2002049,25718.222.38$117,019
Jan 2002060,77717.172.38$144,387
Dec 20010113,81416.932.36$269,102
Nov 20011111,16018.072.41$27,044

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             5 bbl  × $106.41 =       $532
Gas                1,841 Mcf  × $  3.05 =     $5,607

────────────────────────────────────────────────────
Month total                                   $6,139

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/186827 is the state's own key, not one this site invented.