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 194510District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Mar 2003 – May 2026
Value, last 12 filed months
$4 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 Gas112003-07-16151930
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
CondensateDisposition1,126 bbl$48,927
GasProduction183,182 Mcf$959,366
Total$1,008,293

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 27.3533, -99.1504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35328, -99.15037 · 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
10,070 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 10,070 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-4793830218510,070 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 20260104106.413.05$317
Apr 202603298.932.87$92
Mar 202612189.753.15$156
Feb 2026019463.503.75$728
Jan 202609159.138.00$728
Dec 2025016156.664.41$711
Nov 202506458.593.93$251
Oct 2025011659.383.30$383
Sep 2025014262.743.08$437
Aug 2025011463.933.01$344
Jul 20250066.743.32$0
Jun 202505666.483.13$175
May 20250060.553.23$0
Apr 2025010062.363.54$354
Mar 20250567.704.27$21
Feb 2025014070.884.34$608
Jan 20251074.324.28$74
Dec 2024176968.993.12$2,469
Nov 202406369.052.20$139
Oct 20240071.372.28$0
Sep 2024010969.612.36$258
Aug 202403575.632.06$72
Jul 2024010279.932.15$219
Jun 2024014578.082.63$382
May 20240078.812.20$0
Apr 202405784.451.66$95
Mar 202403480.301.55$53
Feb 202408476.091.78$150
Jan 2024117173.023.30$637
Dec 2023123471.262.61$682
Nov 202307877.892.81$219
Oct 202314785.443.09$231
Sep 2023038989.042.74$1,064
Aug 2023013780.522.67$366
Jul 202309074.852.64$238
Jun 2023135168.962.26$862
May 202306470.622.23$143
Apr 2023117478.122.24$1,025
Mar 2023022472.852.39$536
Feb 2023021075.112.47$518
Jan 2023026176.533.39$884
Dec 2022116276.415.73$1,005
Nov 2022022285.005.65$1,253
Oct 2022022487.185.86$1,313
Sep 2022019484.888.16$1,584
Aug 2022020094.529.13$1,825
Jul 20221207101.587.54$1,663
Jun 20220177115.097.98$1,412
May 20220200109.378.43$1,687
Apr 20221150104.226.84$1,130
Mar 20220233108.885.08$1,183
Feb 2022028391.054.86$1,375
Jan 2022058681.844.54$2,659
Dec 2021280171.323.90$3,266
Nov 2021063177.435.24$3,304
Oct 20210079.795.71$0
Sep 2021015869.865.35$845
Aug 2021017566.024.22$739
Jul 2021122370.783.98$959
Jun 2021125069.493.38$915
May 2021124363.483.02$797
Apr 2021116260.362.76$507
Mar 2021121461.302.72$643
Feb 2021123457.805.55$1,356
Jan 2021127050.412.81$809
Dec 2020124244.642.68$692
Nov 2020117438.772.71$510
Oct 2020019536.972.48$483
Sep 2020125437.091.99$543
Aug 2020145639.982.39$1,128
Jul 202001938.371.83$35
Jun 20200834.901.69$14
May 2020014816.921.81$269
Apr 2020017414.751.80$314
Mar 2020218530.341.86$404
Feb 2020023549.881.98$465
Jan 2020034557.252.09$723
Dec 2019134959.012.30$863
Nov 2019130255.302.75$886
Oct 2019137253.472.42$953
Sep 2019148855.052.66$1,352
Aug 2019117953.112.30$466
Jul 2019128156.272.46$748
Jun 2019126252.782.49$705
May 2019134658.482.74$1,007
Apr 2019247962.632.75$1,443
Mar 2019140056.803.06$1,282
Feb 2019248650.852.79$1,459
Jan 2019171746.033.23$2,361
Dec 2018310546.594.19$579
Nov 2018120652.934.24$926
Oct 2018132461.443.40$1,162
Sep 2018140759.543.11$1,325
Aug 2018146159.403.07$1,473
Jul 2018140065.142.93$1,238
Jun 2018141760.183.08$1,343
May 2018034865.382.90$1,009
Apr 2018242563.842.90$1,361
Mar 2018144661.222.79$1,304
Feb 2018242861.782.77$1,307
Jan 2018153262.874.01$2,196
Dec 2017168857.272.92$2,067
Nov 2017133355.423.12$1,094
Oct 2017123549.292.98$750
Sep 2017218847.523.09$675
Aug 2017052045.373.00$1,562
Jul 2017244943.873.09$1,474
Jun 2017038842.493.09$1,198
May 2017049745.373.26$1,622
Apr 2017054647.933.21$1,754
Mar 2017065546.772.98$1,954
Feb 2017052450.452.95$1,547
Jan 2017076349.413.42$2,609
Dec 2016022748.763.72$845
Nov 2016047542.492.64$1,256
Oct 2016073846.193.09$2,281
Sep 2016089741.553.10$2,781
Aug 201601,15641.442.92$3,381
Jul 201601,58341.622.92$4,629
Jun 201602,44945.352.69$6,578
May 201601,27542.521.99$2,539
Apr 2016030836.561.99$613
Mar 2016025333.011.79$454
Feb 201602826.472.06$58
Jan 201602427.352.36$57
Dec 201508132.362.00$162
Nov 201505438.792.17$117
Oct 201507843.552.43$189
Sep 201509442.992.76$259
Aug 201509740.162.87$279
Jul 201509948.152.95$292
Jun 2015011556.152.88$332
May 2015012455.212.96$366
Apr 2015010349.822.71$279
Mar 2015013442.892.93$393
Feb 2015010944.662.98$324
Jan 201506943.433.10$214
Dec 2014012854.693.59$460
Nov 2014021370.464.25$906
Oct 201408578.303.90$332
Sep 2014033786.164.05$1,363
Aug 2014010889.394.04$436
Jul 2014012096.564.18$502
Jun 2014026298.164.74$1,241
May 2014049994.734.73$2,359
Apr 2014036195.944.81$1,736
Mar 2014053595.895.06$2,705
Feb 2014042697.406.19$2,638
Jan 2014050790.404.86$2,464
Dec 2013048391.824.35$2,103
Nov 2013050488.853.74$1,884
Oct 2013054697.423.78$2,064
Sep 20130553104.113.72$2,056
Aug 20130567104.253.52$1,997
Jul 20130578102.523.72$2,149
Jun 2013057394.403.93$2,254
May 2013058894.834.15$2,440
Apr 2013056193.964.28$2,403
Mar 2013071993.623.91$2,813
Feb 2013057991.233.42$1,980
Jan 2013082091.603.42$2,804
Dec 201201,11886.773.42$3,824
Nov 201201,56686.953.62$5,677
Oct 2012075489.383.40$2,563
Sep 2012075294.672.92$2,195
Aug 201204692.662.91$134
Jul 2012042585.133.02$1,284
Jun 2012017579.822.52$441
May 2012062491.612.49$1,553
Apr 201201,112101.652.00$2,220
Mar 201201,035105.052.22$2,300
Feb 20120527101.102.57$1,355
Jan 2012075898.092.73$2,072
Dec 2011099896.873.24$3,233
Nov 201102,32095.723.31$7,682
Oct 201103,83884.983.65$14,003
Sep 201105283.623.99$207
Aug 2011016783.404.15$693
Jul 2011013994.144.52$628
Jun 2011032092.904.64$1,485
May 2011010198.134.40$445
Apr 20110354105.964.33$1,534
Mar 2011015496.364.06$625
Feb 2011014785.644.18$614
Jan 2011017086.504.59$780
Dec 2010021485.734.35$930
Nov 2010051280.843.80$1,943
Oct 201001778.103.51$60
Sep 20100072.633.98$0
Aug 2010249973.684.42$2,353
Jul 2010521672.554.74$1,386
Jun 20101759270.364.91$4,103
May 20102596971.124.24$5,882
Apr 20101013481.694.12$1,369
Mar 20102122278.394.39$2,620
Feb 20105982573.585.44$8,831
Jan 2010531,25774.365.96$11,438
Dec 200902071.445.48$110
Nov 200901,53274.593.75$5,747
Oct 2009011672.544.11$477
Sep 2009082165.543.06$2,516
Aug 2009029767.423.22$956
Jul 200901,86461.133.46$6,458
Jun 200903,61366.163.90$14,073
May 200904954.743.93$192
Apr 200901946.773.59$68
Mar 2009027042.144.06$1,096
Feb 2009028432.814.63$1,316
Jan 20090635.865.37$32
Dec 2008049037.105.98$2,929
Nov 200801,50455.496.86$10,318
Oct 2008022275.246.92$1,537
Sep 20080120101.767.88$945
Aug 20080113114.228.48$959
Jul 20080153131.0811.39$1,743
Jun 20080263131.3313.03$3,428
May 200801,052123.1711.57$12,176
Apr 20080361110.3110.45$3,774
Mar 20080337101.909.66$3,257
Feb 2008084592.538.77$7,411
Jan 200805490.388.21$443
Dec 2007054288.337.30$3,958
Nov 2007078991.677.29$5,753
Oct 200702082.856.92$138
Sep 200706575.846.24$406
Aug 2007020769.066.39$1,322
Jul 2007034670.906.39$2,210
Jun 2007021962.007.55$1,653
May 2007070558.747.85$5,532
Apr 2007023759.617.81$1,850
Mar 2007015556.927.30$1,132
Feb 2007047655.108.22$3,911
Jan 2007033350.306.73$2,240
Dec 2006051756.656.92$3,577
Nov 2006072154.207.62$5,492
Oct 2006010854.906.01$649
Sep 2006017160.085.04$861
Aug 2006031868.717.34$2,334
Jul 2006050769.376.34$3,216
Jun 2006025266.286.38$1,609
May 2006027166.016.42$1,741
Apr 2006029064.397.36$2,135
Mar 2006050156.707.08$3,549
Feb 2006037457.597.75$2,899
Jan 2006441,39260.598.93$15,101
Dec 2005361,79454.9413.42$26,045
Nov 2005271,96154.6910.59$22,240
Oct 2005232,03058.3413.80$29,347
Sep 2005328661.4512.08$3,639
Aug 2005860261.519.80$6,390
Jul 2005342,80455.697.84$23,887
Jun 200502,50052.337.38$18,453
May 200502,47945.226.65$16,488
Apr 200504,42249.207.36$32,548
Mar 2005067150.377.15$4,801
Feb 2005047145.226.31$2,973
Jan 2005013843.166.32$872
Dec 2004012539.866.75$844
Nov 200408445.286.33$532
Oct 2004019049.706.52$1,238
Sep 2004013443.245.28$708
Aug 2004048842.375.55$2,709
Jul 2004537738.286.08$2,485
Jun 2004329136.106.43$1,980
May 2004443937.486.49$3,001
Apr 2004875834.475.86$4,716
Mar 2004858134.365.53$3,488
Feb 2004650832.455.51$2,994
Jan 2004061532.036.30$3,874
Dec 200312,48530.266.30$15,690
Nov 2003272,65728.804.60$12,987
Oct 2003373,85328.174.76$19,381
Sep 2003404,22826.314.75$21,133
Aug 2003495,63529.765.13$30,364
Jul 2003413,71129.415.17$20,395
Jun 2003535,04428.565.98$31,692
May 2003625,76926.595.97$36,105
Apr 2003908,03326.675.41$45,837
Mar 200325320,11931.146.10$130,525

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                  104 Mcf  × $  3.05 =       $317

────────────────────────────────────────────────────
Month total                                     $317

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/194510 is the state's own key, not one this site invented.