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 188686District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Mar 2002 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
291
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 Gas112002-08-16148183
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
CondensateDisposition8,839 bbl$226,715
GasProduction429,383 Mcf$2,047,506
Total$2,274,221

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 27.3871, -99.1466. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38715, -99.14660 · 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
10,317 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 10,317 ft.

Completions filed
Mar 2002
1 of 1 wells

1 well

42-4793800815910,317 ftMar 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 (291)

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

291 months

May 20261550106.413.05$1,782
Apr 2026237698.932.87$1,277
Mar 2026151189.753.15$1,699
Feb 2026148863.503.75$1,894
Jan 2026140159.138.00$3,266
Dec 2025050356.664.41$2,220
Nov 2025246258.593.93$1,931
Oct 2025148459.383.30$1,659
Sep 2025146162.743.08$1,481
Aug 2025150263.933.01$1,577
Jul 2025244366.743.32$1,602
Jun 2025048966.483.13$1,530
May 2025252760.553.23$1,825
Apr 2025146062.363.54$1,692
Mar 2025153367.704.27$2,343
Feb 2025249770.884.34$2,299
Jan 202531,18674.324.28$5,297
Dec 2024258568.993.12$1,964
Nov 2024143469.052.20$1,023
Oct 2024141171.372.28$1,009
Sep 2024141969.612.36$1,060
Aug 2024147775.632.06$1,060
Jul 2024139879.932.15$934
Jun 2024136778.082.63$1,045
May 2024023378.812.20$512
Apr 2024128284.451.66$552
Mar 2024389780.301.55$1,627
Feb 2024146376.091.78$902
Jan 2024068773.023.30$2,265
Dec 20230071.262.61$0
Nov 202309977.892.81$278
Oct 2023014185.443.09$435
Sep 202318689.042.74$1,619
Aug 2023017180.522.67$457
Jul 2023146574.852.64$1,303
Jun 2023053068.962.26$1,197
May 2023359070.622.23$1,526
Apr 2023157678.122.24$1,367
Mar 2023257572.852.39$1,522
Feb 2023151575.112.47$1,345
Jan 2023153476.533.39$1,886
Dec 2022359176.415.73$3,615
Nov 2022156085.005.65$3,247
Oct 2022255887.185.86$3,446
Sep 2022053084.888.16$4,327
Aug 2022056894.529.13$5,184
Jul 20222593101.587.54$4,676
Jun 20221587115.097.98$4,798
May 20221590109.378.43$5,085
Apr 20221535104.226.84$3,762
Mar 20221567108.885.08$2,987
Feb 2022056391.054.86$2,736
Jan 2022044281.844.54$2,006
Dec 2021233671.323.90$1,453
Nov 2021032177.435.24$1,681
Oct 2021366579.795.71$4,039
Sep 2021056469.865.35$3,018
Aug 2021160166.024.22$2,603
Jul 2021160070.783.98$2,460
Jun 2021060069.493.38$2,028
May 2021259863.483.02$1,932
Apr 2021258060.362.76$1,721
Mar 2021261161.302.72$1,783
Feb 2021159257.805.55$3,342
Jan 2021162550.412.81$1,807
Dec 2020167944.642.68$1,861
Nov 2020263438.772.71$1,794
Oct 2020168036.972.48$1,722
Sep 2020061737.091.99$1,228
Aug 2020164339.982.39$1,574
Jul 2020264638.371.83$1,256
Jun 2020262134.901.69$1,119
May 2020066616.921.81$1,209
Apr 2020265214.751.80$1,206
Mar 2020167130.341.86$1,276
Feb 2020060949.881.98$1,206
Jan 2020366557.252.09$1,565
Dec 2019385559.012.30$2,147
Nov 201931,12355.302.75$3,255
Oct 201931,00853.472.42$2,598
Sep 2019387755.052.66$2,496
Aug 2019385253.112.30$2,123
Jul 2019158956.272.46$1,505
Jun 2019161652.782.49$1,587
May 2019254058.482.74$1,597
Apr 2019360062.632.75$1,838
Mar 2019272556.803.06$2,334
Feb 2019251750.852.79$1,545
Jan 2019262246.033.23$2,100
Dec 2018269746.594.19$3,010
Nov 2018267652.934.24$2,970
Oct 2018263961.443.40$2,294
Sep 2018262859.543.11$2,071
Aug 2018170159.403.07$2,209
Jul 2018275765.142.93$2,350
Jun 2018270660.183.08$2,293
May 2018271965.382.90$2,216
Apr 2018368363.842.90$2,173
Mar 2018273661.222.79$2,174
Feb 2018366961.782.77$2,036
Jan 2018275962.874.01$3,169
Dec 2017371257.272.92$2,252
Nov 2017172655.423.12$2,319
Oct 2017274449.292.98$2,318
Sep 2017274247.523.09$2,386
Aug 2017177845.373.00$2,383
Jul 2017281643.873.09$2,607
Jun 2017075442.493.09$2,328
May 2017078945.373.26$2,575
Apr 2017077547.933.21$2,489
Mar 2017090846.772.98$2,709
Feb 2017083150.452.95$2,454
Jan 2017099249.413.42$3,391
Dec 2016092548.763.72$3,444
Nov 2016087342.492.64$2,309
Oct 2016087346.193.09$2,698
Sep 2016083941.553.10$2,601
Aug 2016088641.442.92$2,591
Jul 201601,06041.622.92$3,100
Jun 201601,07445.352.69$2,885
May 201601,16342.521.99$2,316
Apr 201601,09636.561.99$2,182
Mar 201601,21933.011.79$2,187
Feb 2016084426.472.06$1,742
Jan 2016096127.352.36$2,272
Dec 201501,24432.362.00$2,490
Nov 201501,15438.792.17$2,501
Oct 201501,15143.552.43$2,793
Sep 201501,11142.992.76$3,065
Aug 201501,12540.162.87$3,232
Jul 201501,09548.152.95$3,225
Jun 201501,06556.152.88$3,070
May 201501,18155.212.96$3,490
Apr 2015099449.822.71$2,690
Mar 2015087942.892.93$2,580
Feb 2015094544.662.98$2,813
Jan 2015088343.433.10$2,738
Dec 201401,11654.693.59$4,008
Nov 2014088470.464.25$3,759
Oct 2014057978.303.90$2,259
Sep 2014069586.164.05$2,812
Aug 2014056989.394.04$2,296
Jul 2014071996.564.18$3,005
Jun 2014042598.164.74$2,013
May 2014044694.734.73$2,108
Apr 2014074095.944.81$3,559
Mar 201401,12495.895.06$5,684
Feb 201401,28197.406.19$7,932
Jan 201401,15390.404.86$5,604
Dec 201301,65591.824.35$7,207
Nov 201301,28688.853.74$4,807
Oct 2013088497.423.78$3,341
Sep 20130732104.113.72$2,721
Aug 20130749104.253.52$2,638
Jul 20130749102.523.72$2,785
Jun 2013073894.403.93$2,903
May 2013077294.834.15$3,203
Apr 2013092893.964.28$3,974
Mar 2013094593.623.91$3,698
Feb 2013090991.233.42$3,109
Jan 201301,36091.603.42$4,651
Dec 201201,42886.773.42$4,884
Nov 201201,37186.953.62$4,970
Oct 201201,35189.383.40$4,593
Sep 2012096194.672.92$2,805
Aug 2012090092.662.91$2,617
Jul 2012097085.133.02$2,930
Jun 2012083979.822.52$2,113
May 2012090291.612.49$2,244
Apr 20120806101.652.00$1,609
Mar 20120847105.052.22$1,882
Feb 20120874101.102.57$2,246
Jan 2012082698.092.73$2,258
Dec 201101,13596.873.24$3,677
Nov 201101,32095.723.31$4,371
Oct 201101,29484.983.65$4,721
Sep 201101,27183.623.99$5,066
Aug 201101,28883.404.15$5,344
Jul 2011099894.144.52$4,508
Jun 2011090192.904.64$4,181
May 2011054998.134.40$2,418
Apr 20110629105.964.33$2,726
Mar 2011073496.364.06$2,978
Feb 201111,09785.644.18$4,671
Jan 201171,42986.504.59$7,163
Dec 201091,56385.734.35$7,567
Nov 201071,43880.843.80$6,024
Oct 201051,18878.103.51$4,559
Sep 2010496372.633.98$4,123
Aug 2010287673.684.42$4,019
Jul 2010095672.554.74$4,528
Jun 2010086770.364.91$4,257
May 2010096971.124.24$4,104
Apr 2010091481.694.12$3,768
Mar 201001,28778.394.39$5,648
Feb 201001,42673.585.44$7,761
Jan 201001,58474.365.96$9,447
Dec 200901,24071.445.48$6,800
Nov 200901,27374.593.75$4,776
Oct 200901,33172.544.11$5,471
Sep 200901,14965.543.06$3,521
Aug 200901,11767.423.22$3,595
Jul 2009094261.133.46$3,264
Jun 200901,13366.163.90$4,413
May 200901,24954.743.93$4,903
Apr 200901,06246.773.59$3,810
Mar 200901,25242.144.06$5,082
Feb 200901,15032.814.63$5,328
Jan 200901,67335.865.37$8,986
Dec 200801,67837.105.98$10,030
Nov 200801,74655.496.86$11,978
Oct 200801,57975.246.92$10,930
Sep 200801,364101.767.88$10,744
Aug 200801,209114.228.48$10,256
Jul 200801,042131.0811.39$11,868
Jun 20080656131.3313.03$8,549
May 20080814123.1711.57$9,421
Apr 200801,175110.3110.45$12,284
Mar 20080600101.909.66$5,798
Feb 200801,01192.538.77$8,867
Jan 200801,64390.388.21$13,482
Dec 200701,65088.337.30$12,048
Nov 200702,10891.677.29$15,371
Oct 200701,77182.856.92$12,259
Sep 200701,56075.846.24$9,741
Aug 200701,45269.066.39$9,275
Jul 200701,46770.906.39$9,371
Jun 200751,22062.007.55$9,519
May 2007394058.747.85$7,552
Apr 200751,26259.617.81$10,148
Mar 200751,20156.927.30$9,054
Feb 2007476955.108.22$6,539
Jan 200771,13250.306.73$7,967
Dec 2006253,96056.656.92$28,813
Nov 200602,30854.207.62$17,581
Oct 200602,32854.906.01$14,000
Sep 200603,40260.085.04$17,137
Aug 200602,09568.717.34$15,377
Jul 20060069.376.34$0
Jun 200601,04866.286.38$6,690
May 200603,30166.016.42$21,209
Apr 200601,81364.397.36$13,345
Mar 2006056756.707.08$4,016
Feb 200603,11257.597.75$24,121
Jan 200603,53860.598.93$31,606
Dec 200502,76854.9413.42$37,134
Nov 200503,62454.6910.59$38,372
Oct 200502,72958.3413.80$37,649
Sep 2005052661.4512.08$6,354
Aug 200503,27361.519.80$32,065
Jul 200501,96955.697.84$15,444
Jun 200501,94452.337.38$14,349
May 200502,90945.226.65$19,348
Apr 200502,98449.207.36$21,964
Mar 200502,38750.377.15$17,079
Feb 200502,13245.226.31$13,457
Jan 200501,43443.166.32$9,066
Dec 200401,07739.866.75$7,271
Nov 200401,31645.286.33$8,331
Oct 200401,38049.706.52$8,991
Sep 200401,53343.245.28$8,100
Aug 200401,58942.375.55$8,820
Jul 200421,57538.286.08$9,659
Jun 200421,60936.106.43$10,423
May 200432,32437.486.49$15,206
Apr 200432,50934.475.86$14,802
Mar 200432,09534.365.53$11,689
Feb 200421,52632.455.51$8,473
Jan 200442,74232.036.30$17,402
Dec 200302,08230.266.30$13,120
Nov 200304,19028.804.60$19,254
Oct 200301,41728.174.76$6,744
Sep 200303,19526.314.75$15,174
Aug 200303,91929.765.13$20,103
Jul 200324,19629.415.17$21,756
Jun 20031082,48528.565.98$17,952
May 20031723,89526.595.97$27,837
Apr 20031443,25526.675.41$21,441
Mar 2003885,40331.146.10$35,677
Feb 2003726,28133.487.93$52,193
Jan 2003441230.315.58$2,421
Dec 2002363,33826.914.85$17,171
Nov 20022274,15524.664.14$22,787
Oct 20023055,82226.464.23$32,692
Sep 200250110,67427.443.64$52,550
Aug 200254412,36925.963.16$53,260
Jul 200295217,41824.583.06$76,730
Jun 200271810,44623.733.34$51,909
May 20028228,94824.663.58$52,340
Apr 20022,34428,92323.653.51$157,022
Mar 20021,52411,93622.003.10$70,562

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             1 bbl  × $106.41 =       $106
Gas                  550 Mcf  × $  3.05 =     $1,675

────────────────────────────────────────────────────
Month total                                   $1,782

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/188686 is the state's own key, not one this site invented.