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 188021District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Feb 2002 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
292
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 Gas112002-06-19147879
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
CondensateDisposition1,425 bbl$89,128
GasProduction1,426,752 Mcf$7,353,245
Total$7,442,373

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 27.4122, -99.1497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41218, -99.14975 · 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
11,206 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 11,206 ft.

Completions filed
Feb 2002
1 of 1 wells

1 well

42-4793797616111,206 ftFeb 2002

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 (292)

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

292 months

May 20262744106.413.05$2,479
Apr 2026262498.932.87$1,989
Mar 2026243189.753.15$1,537
Feb 2026270263.503.75$2,760
Jan 2026290559.138.00$7,356
Dec 2025191056.664.41$4,073
Nov 2025385458.593.93$3,529
Oct 2025289059.383.30$3,060
Sep 2025286862.743.08$2,796
Aug 2025192663.933.01$2,856
Jul 2025490466.743.32$3,264
Jun 2025087366.483.13$2,731
May 2025390560.553.23$3,107
Apr 2025390162.363.54$3,379
Mar 2025293467.704.27$4,122
Feb 2025283370.884.34$3,758
Jan 2025497174.324.28$4,452
Dec 2024493068.993.12$3,179
Nov 2024291769.052.20$2,154
Oct 2024495771.372.28$2,469
Sep 2024292769.612.36$2,331
Aug 202431,05575.632.06$2,404
Jul 202431,07279.932.15$2,541
Jun 202431,03578.082.63$2,960
May 202421,07278.812.20$2,514
Apr 202431,06684.451.66$2,022
Mar 202431,13180.301.55$1,988
Feb 202441,06476.091.78$2,202
Jan 202421,15773.023.30$3,961
Dec 202341,15771.262.61$3,306
Nov 202311,13277.892.81$3,256
Oct 202341,18685.443.09$4,003
Sep 202321,17989.042.74$3,403
Aug 202321,26480.522.67$3,540
Jul 202331,27674.852.64$3,595
Jun 202321,22068.962.26$2,893
May 2023266170.622.23$1,614
Apr 2023272078.122.24$1,767
Mar 2023259672.852.39$1,572
Feb 2023359475.112.47$1,690
Jan 202341,21176.533.39$4,409
Dec 202261,22776.415.73$7,488
Nov 202241,30985.005.65$7,731
Oct 202251,39887.185.86$8,633
Sep 202211,38784.888.16$11,408
Aug 202231,29594.529.13$12,103
Jul 20222688101.587.54$5,392
Jun 20223704115.097.98$5,961
May 20223817109.378.43$7,218
Apr 20224840104.226.84$6,160
Mar 20223718108.885.08$3,972
Feb 202231,23091.054.86$6,250
Jan 202231,33181.844.54$6,285
Dec 202151,34171.323.90$5,585
Nov 202131,32177.435.24$7,150
Oct 202161,40579.795.71$8,507
Sep 202131,35569.865.35$7,460
Aug 202141,41666.024.22$6,240
Jul 202141,42870.783.98$5,970
Jun 202121,42469.493.38$4,953
May 202131,27763.483.02$4,044
Apr 2021289660.362.76$2,592
Mar 2021246861.302.72$1,394
Feb 2021252757.805.55$3,039
Jan 2021299350.412.81$2,891
Dec 2020174444.642.68$2,035
Nov 2020290538.772.71$2,527
Oct 2020172236.972.48$1,826
Sep 2020388837.091.99$1,879
Aug 202011,10939.982.39$2,685
Jul 2020392438.371.83$1,802
Jun 2020388634.901.69$1,602
May 2020093116.921.81$1,690
Apr 202031,10414.751.80$2,036
Mar 202021,06830.341.86$2,043
Feb 202031,04749.881.98$2,223
Jan 2020382957.252.09$1,908
Dec 2019498759.012.30$2,510
Nov 201931,07655.302.75$3,126
Oct 201941,29053.472.42$3,334
Sep 201941,38755.052.66$3,906
Aug 2019144653.112.30$1,081
Jul 2019124956.272.46$669
Jun 2019124952.782.49$673
May 2019135658.482.74$1,034
Apr 2019140962.632.75$1,188
Mar 2019126856.803.06$877
Feb 2019126050.852.79$777
Jan 2019131346.033.23$1,056
Dec 2018140846.594.19$1,754
Nov 2018140352.934.24$1,761
Oct 2018143261.443.40$1,529
Sep 2018126059.543.11$868
Aug 2018131159.403.07$1,013
Jul 2018132865.142.93$1,027
Jun 2018121460.183.08$719
May 2018256665.382.90$1,773
Apr 2018394863.842.90$2,941
Mar 201821,03261.222.79$2,998
Feb 201841,00061.782.77$3,013
Jan 201841,09462.874.01$4,638
Dec 201751,09257.272.92$3,477
Nov 201721,05655.423.12$3,404
Oct 201731,09449.292.98$3,412
Sep 201731,06947.523.09$3,443
Aug 201721,10145.373.00$3,399
Jul 201741,25243.873.09$4,041
Jun 2017098042.493.09$3,026
May 2017069045.373.26$2,252
Apr 2017069347.933.21$2,226
Mar 2017095146.772.98$2,837
Feb 2017099150.452.95$2,926
Jan 201701,05249.413.42$3,597
Dec 201601,16748.763.72$4,345
Nov 2016076642.492.64$2,026
Oct 2016093546.193.09$2,889
Sep 201601,00541.553.10$3,116
Aug 201601,04441.442.92$3,053
Jul 201601,06441.622.92$3,112
Jun 201601,06945.352.69$2,871
May 201601,27042.521.99$2,529
Apr 201601,27536.561.99$2,539
Mar 201601,33833.011.79$2,400
Feb 2016081526.472.06$1,682
Jan 201601,28427.352.36$3,036
Dec 201501,43632.362.00$2,874
Nov 201501,45838.792.17$3,160
Oct 201501,49043.552.43$3,616
Sep 201501,44542.992.76$3,986
Aug 201501,48240.162.87$4,257
Jul 201501,49848.152.95$4,412
Jun 201501,44156.152.88$4,154
May 201501,52555.212.96$4,507
Apr 201501,42949.822.71$3,868
Mar 201501,53742.892.93$4,511
Feb 201501,35344.662.98$4,027
Jan 201501,46843.433.10$4,552
Dec 201401,90754.693.59$6,849
Nov 201401,35270.464.25$5,748
Oct 201401,52378.303.90$5,941
Sep 201401,48286.164.05$5,995
Aug 201401,56589.394.04$6,315
Jul 201401,58496.564.18$6,620
Jun 201491,43498.164.74$7,676
May 2014861,60994.734.73$15,752
Apr 2014481,55695.944.81$12,088
Mar 2014451,44495.895.06$11,617
Feb 2014471,44297.406.19$13,507
Jan 20141161,73390.404.86$18,910
Dec 2013351,63091.824.35$10,312
Nov 201301,49388.853.74$5,581
Oct 201302,10797.423.78$7,963
Sep 201301,598104.113.72$5,941
Aug 201301,635104.253.52$5,759
Jul 201301,637102.523.72$6,086
Jun 201301,68494.403.93$6,624
May 201301,67694.834.15$6,954
Apr 201301,17993.964.28$5,049
Mar 201301,75193.623.91$6,851
Feb 201301,88891.233.42$6,457
Jan 201301,60091.603.42$5,472
Dec 201201,64486.773.42$5,623
Nov 201201,50886.953.62$5,466
Oct 201201,81389.383.40$6,164
Sep 201202,38694.672.92$6,963
Aug 201201,61992.662.91$4,708
Jul 201202,14285.133.02$6,471
Jun 201202,13279.822.52$5,371
May 201202,34591.612.49$5,835
Apr 201202,126101.652.00$4,245
Mar 201202,327105.052.22$5,171
Feb 201202,199101.102.57$5,652
Jan 201202,57498.092.73$7,038
Dec 201102,63996.873.24$8,550
Nov 201102,87095.723.31$9,503
Oct 201103,41284.983.65$12,449
Sep 201103,02983.623.99$12,073
Aug 201102,87783.404.15$11,938
Jul 201102,50194.144.52$11,298
Jun 201102,59992.904.64$12,059
May 201102,82698.134.40$12,448
Apr 201102,564105.964.33$11,111
Mar 201103,03996.364.06$12,330
Feb 201102,39285.644.18$9,999
Jan 201112,23386.504.59$10,333
Dec 2010112,59285.734.35$12,212
Nov 2010112,56680.843.80$10,628
Oct 201092,76678.103.51$10,408
Sep 201092,53572.633.98$10,742
Aug 2010102,83073.684.42$13,244
Jul 201093,07472.554.74$15,213
Jun 201062,80370.364.91$14,186
May 201002,89971.124.24$12,278
Apr 201002,61781.694.12$10,789
Mar 201003,41478.394.39$14,983
Feb 201002,72773.585.44$14,841
Jan 201002,84774.365.96$16,980
Dec 200903,70971.445.48$20,339
Nov 200903,65674.593.75$13,715
Oct 200903,40172.544.11$13,979
Sep 200903,34265.543.06$10,242
Aug 200903,56767.423.22$11,480
Jul 200903,70661.133.46$12,839
Jun 200903,87566.163.90$15,093
May 200904,37854.743.93$17,187
Apr 200904,26246.773.59$15,290
Mar 200904,50742.144.06$18,294
Feb 200904,00232.814.63$18,541
Jan 200904,43135.865.37$23,799
Dec 200804,59037.105.98$27,435
Nov 200804,64355.496.86$31,853
Oct 200804,88475.246.92$33,807
Sep 200804,847101.767.88$38,180
Aug 200805,402114.228.48$45,825
Jul 200804,668131.0811.39$53,166
Jun 200804,964131.3313.03$64,694
May 200805,672123.1711.57$65,649
Apr 200805,554110.3110.45$58,066
Mar 200805,344101.909.66$51,645
Feb 200805,03092.538.77$44,116
Jan 200805,52490.388.21$45,328
Dec 200705,12188.337.30$37,393
Nov 200705,32091.677.29$38,792
Oct 200707,93682.856.92$54,933
Sep 200705,76975.846.24$36,023
Aug 200706,19169.066.39$39,548
Jul 200706,26070.906.39$39,989
Jun 200706,68962.007.55$50,492
May 200707,23758.747.85$56,784
Apr 200707,24859.617.81$56,572
Mar 200707,51756.927.30$54,889
Feb 200707,02655.108.22$57,726
Jan 200707,87050.306.73$52,940
Dec 200618,15156.656.92$56,449
Nov 2006237,09954.207.62$55,323
Oct 2006196,62854.906.01$40,903
Sep 2006227,89260.085.04$41,075
Aug 2006186,29268.717.34$47,420
Jul 2006216,48869.376.34$42,609
Jun 2006328,57466.286.38$56,856
May 200608,75966.016.42$56,277
Apr 200609,33764.397.36$68,725
Mar 200609,82856.707.08$69,611
Feb 200608,94557.597.75$69,334
Jan 2006010,51460.598.93$93,925
Dec 2005810,54654.9413.42$141,918
Nov 2005510,26754.6910.59$108,985
Oct 2005511,28158.3413.80$155,922
Sep 200538,55961.4512.08$103,569
Aug 2005511,20161.519.80$110,042
Jul 2005012,03255.697.84$94,375
Jun 2005012,73352.337.38$93,983
May 2005116,67745.226.65$110,967
Apr 2005168,43149.207.36$62,843
Mar 2005310,15350.377.15$72,795
Feb 20052110,16045.226.31$65,079
Jan 200565,36843.166.32$34,197
Dec 200496,79339.866.75$46,219
Nov 20041310,87245.286.33$69,413
Oct 20041111,14349.706.52$73,144
Sep 20041210,64043.245.28$56,740
Aug 20041211,08242.375.55$62,021
Jul 20041511,23238.286.08$68,912
Jun 2004449,80036.106.43$64,632
May 20044110,58537.486.49$70,282
Apr 20044710,97934.475.86$65,940
Mar 20048015,49234.365.53$88,422
Feb 20047116,08732.455.51$90,937
Jan 20047515,39832.036.30$99,404
Dec 200377,24430.266.30$45,861
Nov 2003812,74528.804.60$58,796
Oct 2003813,90728.174.76$66,418
Sep 2003814,03526.314.75$66,868
Aug 2003814,65029.765.13$75,388
Jul 2003411,95829.415.17$61,951
Jun 2003410,73428.565.98$64,335
May 2003411,21026.595.97$67,060
Apr 2003311,78126.675.41$63,783
Mar 2003313,17631.146.10$80,415
Feb 2003313,59233.487.93$107,829
Jan 2003418,14530.315.58$101,407
Dec 2002020,49126.914.85$99,458
Nov 2002020,36824.664.14$84,262
Oct 2002021,89226.464.23$92,584
Sep 2002022,55527.443.64$81,992
Aug 2002024,17325.963.16$76,487
Jul 2002021,84624.583.06$66,887
Jun 2002029,83423.733.34$99,593
May 2002048,24324.663.58$172,903
Apr 2002067,41123.653.51$236,769
Mar 20020131,01022.003.10$406,487
Feb 2002048,01018.222.38$114,056

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             2 bbl  × $106.41 =       $213
Gas                  744 Mcf  × $  3.05 =     $2,266

────────────────────────────────────────────────────
Month total                                   $2,479

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/188021 is the state's own key, not one this site invented.