BMT

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 186829District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Dec 2001 – May 2026
Value, last 12 filed months
$138 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 Gas112002-05-01146918
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
CondensateDisposition18,293 bbl$701,862
GasProduction2,006,242 Mcf$9,566,531
Total$10,268,393

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 27.4015, -99.1227. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40146, -99.12266 · 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
10,200 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 10,200 ft.

Completions filed
Dec 2001
1 of 1 wells

1 well

42-4793791915710,200 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 202673,046106.413.05$10,023
Apr 2026122,90398.932.87$9,518
Mar 202683,04189.753.15$10,295
Feb 202652,65263.503.75$10,263
Jan 202652,98459.138.00$24,161
Dec 202523,00356.664.41$13,367
Nov 2025102,83358.593.93$11,710
Oct 202553,01659.383.30$10,264
Sep 202553,07862.743.08$9,784
Aug 202543,08263.933.01$9,547
Jul 2025122,90266.743.32$10,422
Jun 202502,85466.483.13$8,929
May 2025103,06360.553.23$10,506
Apr 202572,90562.363.54$10,729
Mar 202572,96467.704.27$13,125
Feb 202552,64470.884.34$11,832
Jan 2025102,96074.324.28$13,408
Dec 2024112,98268.993.12$10,067
Nov 202452,90069.052.20$6,721
Oct 2024103,04571.372.28$7,661
Sep 202452,89569.612.36$7,193
Aug 202483,13675.632.06$7,077
Jul 202483,19979.932.15$7,506
Jun 202483,09178.082.63$8,766
May 202463,15478.812.20$7,407
Apr 202493,06684.451.66$5,847
Mar 202493,18880.301.55$5,649
Feb 2024122,97276.091.78$6,214
Jan 202463,24773.023.30$11,146
Dec 2023113,14771.262.61$9,000
Nov 202323,10277.892.81$8,865
Oct 2023123,22985.443.09$10,994
Sep 202353,13289.042.74$9,011
Aug 202363,32180.522.67$9,360
Jul 202393,14174.852.64$8,972
Jun 202363,30668.962.26$7,880
May 2023133,27770.622.23$8,217
Apr 2023123,30478.122.24$8,331
Mar 2023153,60572.852.39$9,720
Feb 202393,26875.112.47$8,734
Jan 2023113,46776.533.39$12,587
Dec 2022153,24276.415.73$19,720
Nov 2022123,40985.005.65$20,268
Oct 2022133,53987.185.86$21,885
Sep 202233,34584.888.16$27,562
Aug 202283,48494.529.13$32,555
Jul 2022133,528101.587.54$27,929
Jun 202293,607115.097.98$29,810
May 202293,675109.378.43$31,976
Apr 2022113,716104.226.84$26,555
Mar 202293,227108.885.08$17,361
Feb 202292,93991.054.86$15,100
Jan 202273,33981.844.54$15,724
Dec 2021123,40571.323.90$14,132
Nov 202173,40277.435.24$18,358
Oct 2021153,59079.795.71$21,710
Sep 202163,55069.865.35$19,415
Aug 202193,65766.024.22$16,029
Jul 202193,67370.783.98$15,263
Jun 202143,68869.493.38$12,746
May 2021123,71363.483.02$11,966
Apr 2021123,66960.362.76$10,845
Mar 2021143,78961.302.72$11,153
Feb 202193,25957.805.55$18,601
Jan 202193,65350.412.81$10,720
Dec 202073,72844.642.68$10,287
Nov 2020113,59338.772.71$10,151
Oct 2020113,68836.972.48$9,547
Sep 202063,52737.091.99$7,245
Aug 202043,72939.982.39$9,054
Jul 2020123,55038.371.83$6,940
Jun 2020103,60034.901.69$6,434
May 202003,69416.921.81$6,704
Apr 2020123,60314.751.80$6,678
Mar 202083,73830.341.86$7,181
Feb 202073,51249.881.98$7,305
Jan 2020123,77357.252.09$8,590
Dec 2019123,60659.012.30$9,018
Nov 2019113,50055.302.75$10,236
Oct 2019123,83953.472.42$9,926
Sep 2019133,77555.052.66$10,747
Aug 2019143,73653.112.30$9,353
Jul 201993,68256.272.46$9,564
Jun 201993,65252.782.49$9,573
May 2019143,67358.482.74$10,884
Apr 2019143,78662.632.75$11,291
Mar 2019113,79856.803.06$12,255
Feb 2019143,47250.852.79$10,406
Jan 2019153,86346.033.23$13,161
Dec 2018123,99246.594.19$17,267
Nov 2018123,94852.934.24$17,364
Oct 2018124,07961.443.40$14,598
Sep 2018123,85659.543.11$12,699
Aug 201884,10159.403.07$13,051
Jul 2018114,06265.142.93$12,626
Jun 2018103,86160.183.08$12,482
May 2018134,00165.382.90$12,456
Apr 2018183,83063.842.90$12,259
Mar 201884,08961.222.79$11,885
Feb 2018153,59561.782.77$10,871
Jan 2018144,25862.874.01$17,952
Dec 2017173,99957.272.92$12,657
Nov 201763,88655.423.12$12,450
Oct 2017124,07549.292.98$12,750
Sep 2017103,97447.523.09$12,744
Aug 201764,14745.373.00$12,731
Jul 201784,08943.873.09$12,975
Jun 201703,98742.493.09$12,309
May 201704,22545.373.26$13,788
Apr 201703,96847.933.21$12,744
Mar 201704,21446.772.98$12,573
Feb 201703,80550.452.95$11,235
Jan 201704,26449.413.42$14,578
Dec 201605,03448.763.72$18,741
Nov 201604,63242.492.64$12,249
Oct 201604,30946.193.09$13,316
Sep 201604,12141.553.10$12,778
Aug 201604,51241.442.92$13,195
Jul 201604,28741.622.92$12,537
Jun 201602,98345.352.69$8,012
May 201604,41742.521.99$8,794
Apr 201604,37736.561.99$8,715
Mar 201604,72333.011.79$8,473
Feb 201604,90826.472.06$10,128
Jan 201605,46427.352.36$12,919
Dec 201503,50832.362.00$7,021
Nov 201503,59138.792.17$7,783
Oct 201504,15543.552.43$10,082
Sep 201504,58642.992.76$12,650
Aug 201504,86240.162.87$13,966
Jul 201504,28148.152.95$12,608
Jun 201504,64656.152.88$13,394
May 201504,86055.212.96$14,363
Apr 201504,70849.822.71$12,743
Mar 201504,87042.892.93$14,292
Feb 201564,45044.662.98$13,512
Jan 2015785,82843.433.10$21,458
Dec 20141255,66554.693.59$27,181
Nov 20141055,02470.464.25$28,760
Oct 2014954,04078.303.90$23,198
Sep 2014884,64886.164.05$26,385
Aug 2014804,99589.394.04$27,307
Jul 2014955,56396.564.18$32,424
Jun 2014963,87998.164.74$27,798
May 20141214,78394.734.73$34,069
Apr 2014704,88095.944.81$30,184
Mar 2014664,62795.895.06$29,727
Feb 2014644,29497.406.19$32,822
Jan 20141474,98590.404.86$37,519
Dec 201305,10291.824.35$22,217
Nov 201304,91088.853.74$18,355
Oct 201305,24997.423.78$19,838
Sep 201305,084104.113.72$18,901
Aug 201305,245104.253.52$18,476
Jul 201305,310102.523.72$19,741
Jun 201364,86694.403.93$19,706
May 2013405,24494.834.15$25,551
Apr 2013405,09193.964.28$25,561
Mar 2013385,32993.623.91$24,409
Feb 2013464,83691.233.42$20,735
Jan 2013345,52291.603.42$21,999
Dec 201205,62686.773.42$19,242
Nov 201205,40986.953.62$19,607
Oct 201205,99989.383.40$20,395
Sep 201205,58894.672.92$16,308
Aug 201205,82892.662.91$16,949
Jul 201205,85185.133.02$17,675
Jun 201205,34679.822.52$13,467
May 201205,70391.612.49$14,191
Apr 201205,495101.652.00$10,972
Mar 201205,727105.052.22$12,726
Feb 201205,380101.102.57$13,828
Jan 201205,75098.092.73$15,721
Dec 201105,88296.873.24$19,056
Nov 201105,66295.723.31$18,748
Oct 201106,08284.983.65$22,190
Sep 201105,35083.623.99$21,324
Aug 201106,04583.404.15$25,083
Jul 201106,06994.144.52$27,415
Jun 201105,80692.904.64$26,939
May 201105,91698.134.40$26,059
Apr 201105,653105.964.33$24,496
Mar 201105,78096.364.06$23,451
Feb 201105,11885.644.18$21,393
Jan 201105,73686.504.59$26,321
Dec 201006,10285.734.35$26,530
Nov 201006,08580.843.80$23,095
Oct 201006,33578.103.51$22,229
Sep 201006,27772.633.98$24,979
Aug 201066,25973.684.42$28,103
Jul 2010107,17772.554.74$34,719
Jun 201094,16570.364.91$21,085
May 2010175,90471.124.24$26,214
Apr 2010335,59881.694.12$25,775
Mar 2010336,73078.394.39$32,123
Feb 2010325,77973.585.44$33,806
Jan 2010246,28074.365.96$39,239
Dec 2009476,90071.445.48$41,196
Nov 2009156,23774.593.75$24,517
Oct 2009146,17772.544.11$26,405
Sep 2009146,06665.543.06$19,508
Aug 2009136,70267.423.22$22,447
Jul 2009146,91361.133.46$24,806
Jun 200976,67966.163.90$26,478
May 2009106,91354.743.93$27,686
Apr 2009116,92546.773.59$25,358
Mar 2009107,22242.144.06$29,736
Feb 200966,87532.814.63$32,049
Jan 200997,09335.865.37$38,419
Dec 200897,39937.105.98$44,559
Nov 2008114,70455.496.86$32,882
Oct 2008147,43175.246.92$52,491
Sep 2008187,353101.767.88$59,752
Aug 2008137,075114.228.48$61,502
Jul 200887,565131.0811.39$87,210
Jun 200867,864131.3313.03$103,277
May 2008297,001123.1711.57$84,604
Apr 2008277,440110.3110.45$80,763
Mar 2008327,837101.909.66$78,998
Feb 2008387,20092.538.77$66,664
Jan 2008569,70090.388.21$84,657
Dec 2007499,09088.337.30$70,703
Nov 2007727,04091.677.29$57,934
Oct 2007617,59082.856.92$57,592
Sep 2007437,34975.846.24$49,149
Aug 2007497,90169.066.39$53,855
Jul 2007527,79570.906.39$53,481
Jun 2007588,26562.007.55$65,984
May 2007528,94658.747.85$73,247
Apr 2007527,43259.617.81$61,108
Mar 2007729,36356.927.30$72,467
Feb 2007809,65855.108.22$83,758
Jan 2007837,33750.306.73$53,530
Dec 20061118,64056.656.92$66,063
Nov 20061417,66854.207.62$66,053
Oct 20061388,42554.906.01$58,242
Sep 20061298,25260.085.04$49,317
Aug 20061418,64768.717.34$73,156
Jul 20061518,30769.376.34$63,164
Jun 20061788,68866.286.38$67,261
May 200608,90866.016.42$57,234
Apr 200608,70064.397.36$64,036
Mar 200609,48556.707.08$67,182
Feb 200607,96957.597.75$61,769
Jan 200609,40860.598.93$84,045
Dec 200529,59354.9413.42$128,804
Nov 2005439,00254.6910.59$97,668
Oct 20054010,17558.3413.80$142,705
Sep 2005257,84561.4512.08$96,296
Aug 2005449,68961.519.80$97,628
Jul 200511610,09055.697.84$85,602
Jun 20051229,50952.337.38$76,571
May 200516010,33245.226.65$75,955
Apr 200517110,19749.207.36$83,468
Mar 20053110,52250.377.15$76,845
Feb 20051909,74645.226.31$70,108
Jan 2005909,67943.166.32$65,077
Dec 20041658,59239.866.75$64,582
Nov 200418210,45345.286.33$74,413
Oct 200416310,85249.706.52$78,803
Sep 200416710,52843.245.28$62,850
Aug 200416511,29742.375.55$69,697
Jul 20043511,79838.286.08$73,121
Jun 20043311,93236.106.43$77,950
May 20042912,31537.486.49$81,068
Apr 20043312,70034.475.86$75,540
Mar 20044213,22734.365.53$74,590
Feb 20043512,33932.455.51$69,119
Jan 200430612,90132.036.30$91,073
Dec 200331514,14130.266.30$98,643
Nov 200324314,12928.804.60$71,923
Oct 200323514,55528.174.76$75,897
Sep 200322113,64426.314.75$70,615
Aug 200320813,64329.765.13$76,175
Jul 200327014,38129.415.17$82,303
Jun 200317415,06828.565.98$95,121
May 200318815,90926.595.97$100,018
Apr 200319916,67526.675.41$95,474
Mar 200325918,08431.146.10$118,306
Feb 200324117,44733.487.93$146,352
Jan 200326420,92830.315.58$124,823
Dec 200221816,51226.914.85$86,012
Nov 200231018,01324.664.14$82,164
Oct 200232419,69126.464.23$91,849
Sep 200230820,72827.443.64$83,802
Aug 200228921,04725.963.16$74,099
Jul 200215319,92224.583.06$64,757
Jun 200222923,91423.733.34$85,265
May 200229523,66224.663.58$92,079
Apr 200227724,06523.653.51$91,075
Mar 200255129,39222.003.10$103,317
Feb 20021,36833,79318.222.38$105,206
Jan 20022,72568,26717.172.38$208,969
Dec 20011,28341,78616.932.36$120,520

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                3,046 Mcf  × $  3.05 =     $9,278

────────────────────────────────────────────────────
Month total                                  $10,023

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/186829 is the state's own key, not one this site invented.