B.M.T. B

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 194073District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.6 M
Mar 2003 – May 2026
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
279
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 Gas112003-06-23151653
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
CondensateDisposition28,332 bbl$1,426,443
GasProduction4,933,915 Mcf$27,169,473
Total$28,595,916

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 27.3468, -99.1245. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34677, -99.12448 · 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
10,507 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 10,507 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-47938285510,507 ftMar 2003

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 (279)

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

279 months

May 202604,702106.413.05$14,322
Apr 202604,84898.932.87$13,912
Mar 2026204,56489.753.15$16,169
Feb 202604,21763.503.75$15,815
Jan 202604,81259.138.00$38,486
Dec 202504,84556.664.41$21,383
Nov 202504,73558.593.93$18,592
Oct 2025165,02359.383.30$17,550
Sep 2025374,73962.743.08$16,903
Aug 20251304,85063.933.01$22,932
Jul 2025174,83466.743.32$17,160
Jun 202504,66466.483.13$14,592
May 202504,84160.553.23$15,648
Apr 202504,60262.363.54$16,305
Mar 2025244,79567.704.27$22,091
Feb 202504,45370.884.34$19,330
Jan 202504,87974.324.28$20,876
Dec 202404,99968.993.12$15,604
Nov 2024214,86769.052.20$12,150
Oct 2024195,23371.372.28$13,295
Sep 2024194,33969.612.36$11,582
Aug 2024215,03775.632.06$11,983
Jul 2024575,02479.932.15$15,340
Jun 2024174,91878.082.63$14,281
May 2024104,93578.812.20$11,637
Apr 2024144,89284.451.66$9,299
Mar 202485,03580.301.55$8,422
Feb 202404,65076.091.78$8,294
Jan 2024125,10873.023.30$17,721
Dec 202305,08471.262.61$13,273
Nov 2023195,03277.892.81$15,608
Oct 2023475,28885.443.09$20,341
Sep 2023135,06289.042.74$15,002
Aug 2023445,48180.522.67$18,193
Jul 2023165,19274.852.64$14,914
Jun 202305,23168.962.26$11,814
May 2023385,22570.622.23$14,322
Apr 2023245,18878.122.24$13,484
Mar 20231245,45172.852.39$22,079
Feb 202304,90975.112.47$12,104
Jan 2023195,32276.533.39$19,484
Dec 202205,29776.415.73$30,347
Nov 202295,32385.005.65$30,820
Oct 202205,51687.185.86$32,345
Sep 202205,26284.888.16$42,957
Aug 2022265,46894.529.13$52,365
Jul 20221105,662101.587.54$53,877
Jun 2022155,448115.097.98$45,186
May 202205,652109.378.43$47,664
Apr 202275,484104.226.84$38,227
Mar 202205,693108.885.08$28,900
Feb 202204,99791.054.86$24,280
Jan 2022475,79281.844.54$30,129
Dec 20211025,79871.323.90$29,882
Nov 202105,58577.435.24$29,248
Oct 202105,85079.795.71$33,426
Sep 202105,63369.865.35$30,142
Aug 202105,52066.024.22$23,298
Jul 202105,64770.783.98$22,487
Jun 20212485,52669.493.38$35,915
May 202105,70963.483.02$17,228
Apr 2021225,63360.362.76$16,866
Mar 202105,80761.302.72$15,777
Feb 202105,22957.805.55$29,010
Jan 2021335,74050.412.81$17,794
Dec 2020235,86844.642.68$16,726
Nov 20201095,70838.772.71$19,675
Oct 2020145,75136.972.48$14,771
Sep 2020345,68637.091.99$12,582
Aug 2020806,16339.982.39$17,898
Jul 202006,25038.371.83$11,407
Jun 202005,97834.901.69$10,105
May 202006,29216.921.81$11,418
Apr 202005,96414.751.80$10,761
Mar 202006,15330.341.86$11,421
Feb 2020405,94249.881.98$13,764
Jan 2020126,42057.252.09$14,135
Dec 2019316,29559.012.30$16,335
Nov 2019346,15255.302.75$18,803
Oct 20191646,36053.472.42$24,151
Sep 2019446,13155.052.66$18,714
Aug 2019196,32053.112.30$15,573
Jul 2019316,36056.272.46$17,390
Jun 2019136,28552.782.49$16,343
May 201906,44158.482.74$17,650
Apr 20191556,45862.632.75$27,472
Mar 20192726,46756.803.06$35,252
Feb 20193276,24850.852.79$34,074
Jan 2019356,95746.033.23$24,070
Dec 201806,95946.594.19$29,126
Nov 201806,83352.934.24$28,953
Oct 201807,06761.443.40$24,014
Sep 20181366,89259.543.11$29,518
Aug 201807,28059.403.07$22,325
Jul 201806,93265.142.93$20,324
Jun 201806,87560.183.08$21,154
May 20181317,38965.382.90$29,999
Apr 201806,79763.842.90$19,717
Mar 201805,37861.222.79$14,988
Feb 2018856,36061.782.77$22,844
Jan 201807,12262.874.01$28,554
Dec 201707,22157.272.92$21,096
Nov 201706,78655.423.12$21,161
Oct 201707,54949.292.98$22,524
Sep 201707,46047.523.09$23,031
Aug 201787,85545.373.00$23,963
Jul 201707,29843.873.09$22,531
Jun 201716,74742.493.09$20,872
May 201717,27045.373.26$23,770
Apr 201706,59947.933.21$21,193
Mar 201707,31646.772.98$21,829
Feb 201702,37350.452.95$7,007
Jan 20171584,10449.413.42$21,838
Dec 201607,71248.763.72$28,710
Nov 201607,49542.492.64$19,819
Oct 20161437,78446.193.09$30,660
Sep 201607,64341.553.10$23,698
Aug 2016227,97141.442.92$24,222
Jul 201607,96541.622.92$23,292
Jun 20161587,87945.352.69$28,327
May 201608,26842.521.99$16,462
Apr 20161598,17036.561.99$22,080
Mar 2016368,63433.011.79$16,678
Feb 2016477,42926.472.06$16,575
Jan 2016368,19327.352.36$20,356
Dec 201568,57332.362.00$17,352
Nov 201508,04738.792.17$17,441
Oct 2015318,85643.552.43$22,840
Sep 201508,45442.992.76$23,320
Aug 201508,85240.162.87$25,427
Jul 2015358,96648.152.95$28,091
Jun 201508,70256.152.88$25,087
May 201509,55055.212.96$28,225
Apr 201509,37949.822.71$25,385
Mar 2015729,40742.892.93$30,695
Feb 201508,44844.662.98$25,143
Jan 201507,72143.433.10$23,940
Dec 201406,94354.693.59$24,935
Nov 201409,54370.464.25$40,575
Oct 2014010,17978.303.90$39,708
Sep 2014010,11186.164.05$40,903
Aug 20143710,84789.394.04$47,076
Jul 2014010,12096.564.18$42,298
Jun 201409,84298.164.74$46,620
May 2014010,57794.734.73$49,993
Apr 20145010,43795.944.81$54,990
Mar 2014011,15695.895.06$56,414
Feb 201406,48197.406.19$40,130
Jan 20145410,26090.404.86$54,753
Dec 201309,34691.824.35$40,697
Nov 20131810,31488.853.74$40,156
Oct 2013011,22497.423.78$42,420
Sep 20131510,520104.113.72$40,672
Aug 2013011,144104.253.52$39,256
Jul 2013011,137102.523.72$41,404
Jun 2013011,29994.403.93$44,444
May 20135411,48594.834.15$52,773
Apr 2013011,39693.964.28$48,804
Mar 2013011,76893.623.91$46,047
Feb 20134110,64991.233.42$40,159
Jan 2013011,35891.603.42$38,843
Dec 20125911,13086.773.42$43,186
Nov 201216910,99586.953.62$54,551
Oct 2012011,88489.383.40$40,402
Sep 201216411,74494.672.92$49,800
Aug 2012012,30792.662.91$35,791
Jul 20123512,47385.133.02$40,658
Jun 2012012,29779.822.52$30,977
May 20122611,86391.612.49$31,901
Apr 2012012,421101.652.00$24,802
Mar 20122512,411105.052.22$30,204
Feb 20122611,734101.102.57$32,788
Jan 2012013,00198.092.73$35,546
Dec 20113513,30496.873.24$46,492
Nov 20114312,22695.723.31$44,600
Oct 2011013,13084.983.65$47,905
Sep 20114912,61483.623.99$54,374
Aug 2011013,86183.404.15$57,514
Jul 2011013,83994.144.52$62,514
Jun 20115613,04092.904.64$65,706
May 2011013,93498.134.40$61,377
Apr 20114813,927105.964.33$65,436
Mar 2011013,69596.364.06$55,565
Feb 20114111,99485.644.18$53,646
Jan 2011014,32086.504.59$65,711
Dec 2010014,70485.734.35$63,929
Nov 2010013,92780.843.80$52,858
Oct 2010015,35878.103.51$53,890
Sep 2010015,14472.633.98$60,265
Aug 2010015,16773.684.42$67,028
Jul 20103915,92972.554.74$78,277
Jun 2010015,25870.364.91$74,923
May 20104016,55171.124.24$72,942
Apr 20104415,65181.694.12$68,119
Mar 20104215,34378.394.39$70,628
Feb 20107614,51473.585.44$84,582
Jan 201029716,42774.365.96$120,057
Dec 200913417,32871.445.48$104,595
Nov 200912617,90574.593.75$76,569
Oct 2009016,28972.544.11$66,952
Sep 200913417,26265.543.06$61,686
Aug 200913218,29967.423.22$67,795
Jul 200910318,30561.133.46$69,714
Jun 20098618,68166.163.90$78,452
May 20098818,87454.743.93$78,912
Apr 20099017,85646.773.59$68,268
Mar 20099319,37042.144.06$82,542
Feb 200915517,62132.814.63$86,724
Jan 20092220,30135.865.37$109,826
Dec 2008020,51137.105.98$122,597
Nov 2008018,99055.496.86$130,278
Oct 2008019,22475.246.92$133,068
Sep 2008018,027101.767.88$142,000
Aug 20081721,657114.228.48$185,659
Jul 20085721,623131.0811.39$253,745
Jun 20084222,281131.3313.03$295,896
May 20088023,724123.1711.57$284,442
Apr 20086523,476110.3110.45$252,608
Mar 20086425,414101.909.66$252,124
Feb 20089524,16792.538.77$220,749
Jan 200828727,12490.388.21$248,511
Dec 20077427,80488.337.30$209,560
Nov 200738231,36491.677.29$263,715
Oct 200713336,68382.856.92$264,938
Sep 200712227,83275.846.24$183,040
Aug 200722627,06369.066.39$188,484
Jul 200711927,38270.906.39$183,352
Jun 200726528,65162.007.55$232,701
May 200716016,76758.747.85$140,957
Apr 200716414,08359.617.81$119,697
Mar 200715122,86956.927.30$175,584
Feb 200723819,81955.108.22$175,947
Jan 20078717,39050.306.73$121,356
Dec 200612720,19856.656.92$146,933
Nov 200617718,98554.207.62$154,211
Oct 20068825,67854.906.01$159,254
Sep 200623426,07760.085.04$145,414
Aug 20068525,55068.717.34$193,375
Jul 200624125,71469.376.34$179,816
Jun 200611323,56066.286.38$157,894
May 200630120,58066.016.42$152,096
Apr 200616022,91864.397.36$178,990
Mar 200630425,05356.707.08$194,685
Feb 200629425,72357.597.75$216,314
Jan 200630430,99760.598.93$295,325
Dec 200544429,01654.9413.42$413,655
Nov 200543328,58854.6910.59$326,382
Oct 200528628,74858.3413.80$413,286
Sep 200529619,64161.4512.08$255,433
Aug 200530931,78161.519.80$330,360
Jul 200530033,60455.697.84$280,285
Jun 200528032,94352.337.38$257,806
May 200531835,48245.226.65$250,376
Apr 200547337,76749.207.36$301,255
Mar 200532040,86050.377.15$308,467
Feb 200547536,65345.226.31$252,830
Jan 200544741,13043.166.32$279,325
Dec 200438941,00139.866.75$292,307
Nov 200442242,60345.286.33$288,803
Oct 200428646,16849.706.52$315,003
Sep 200450045,72743.245.28$263,237
Aug 200443652,87842.375.55$311,981
Jul 200432153,97038.286.08$340,651
Jun 200462454,76536.106.43$374,831
May 200427061,33737.486.49$408,478
Apr 200446657,88534.475.86$355,180
Mar 200438267,26034.365.53$385,083
Feb 200440267,23832.455.51$383,501
Jan 200449677,05532.036.30$501,306
Dec 200364275,05430.266.30$492,390
Nov 200350876,85928.804.60$367,810
Oct 200342096,31828.174.76$470,270
Sep 2003690105,27426.314.75$518,138
Aug 2003687135,01629.765.13$713,039
Jul 2003724167,79629.415.17$888,939
Jun 20031,027177,71828.565.98$1,092,611
May 2003857173,67326.595.97$1,060,081
Apr 20031,293173,74226.675.41$973,956
Mar 2003034,67831.146.10$211,398

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                4,702 Mcf  × $  3.05 =    $14,322

────────────────────────────────────────────────────
Month total                                  $14,322

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/194073 is the state's own key, not one this site invented.