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 194516District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Dec 2002 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
282
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 Gas112003-07-16151931
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
CondensateDisposition15,157 bbl$707,024
GasProduction1,153,743 Mcf$6,302,299
Total$7,009,323

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 27.3557, -99.1181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35571, -99.11813 · 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
11,242 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 11,242 ft.

Completions filed
Dec 2002
1 of 1 wells

1 well

42-47938139411,242 ftDec 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 (282)

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

282 months

May 202601,705106.413.05$5,193
Apr 202601,44598.932.87$4,147
Mar 202661,44889.753.15$5,099
Feb 202601,36663.503.75$5,123
Jan 202601,34859.138.00$10,781
Dec 202501,21856.664.41$5,375
Nov 202501,01358.593.93$3,977
Oct 202551,31459.383.30$4,639
Sep 2025111,57962.743.08$5,549
Aug 2025441,45063.933.01$7,184
Jul 202561,40866.743.32$5,068
Jun 202501,48866.483.13$4,656
May 202501,58460.553.23$5,120
Apr 202501,58662.363.54$5,619
Mar 202581,75267.704.27$8,020
Feb 202501,56170.884.34$6,776
Jan 202501,59074.324.28$6,803
Dec 202401,58068.993.12$4,932
Nov 202471,52269.052.20$3,829
Oct 202461,66871.372.28$4,234
Sep 202461,27069.612.36$3,420
Aug 202411,60675.632.06$3,390
Jul 2024201,43579.932.15$4,679
Jun 2024161,46278.082.63$5,100
May 2024301,53778.812.20$5,743
Apr 2024161,53084.451.66$3,890
Mar 202481,64880.301.55$3,189
Feb 202401,59576.091.78$2,845
Jan 2024141,63973.023.30$6,427
Dec 202301,74271.262.61$4,548
Nov 2023421,14377.892.81$6,480
Oct 20231221,37085.443.09$14,653
Sep 2023111,38089.042.74$4,754
Aug 2023441,62680.522.67$7,889
Jul 2023151,27574.852.64$4,491
Jun 202301,41868.962.26$3,203
May 2023161,63570.622.23$4,772
Apr 2023271,79378.122.24$6,122
Mar 2023871,84072.852.39$10,741
Feb 202301,59575.112.47$3,933
Jan 2023201,47176.533.39$6,514
Dec 202201,78076.415.73$10,198
Nov 202281,61185.005.65$9,776
Oct 202201,64487.185.86$9,640
Sep 202201,61384.888.16$13,168
Aug 202221,58994.529.13$14,692
Jul 2022731,382101.587.54$17,838
Jun 202211,524115.097.98$12,272
May 202201,716109.378.43$14,471
Apr 202251,746104.226.84$12,460
Mar 202201,791108.885.08$9,092
Feb 202201,60391.054.86$7,789
Jan 2022431,82581.844.54$11,800
Dec 2021731,92671.323.90$12,716
Nov 202101,87777.435.24$9,830
Oct 202101,79879.795.71$10,274
Sep 202101,73969.865.35$9,305
Aug 202101,83766.024.22$7,753
Jul 202101,84170.783.98$7,331
Jun 2021751,80869.493.38$11,324
May 202101,48763.483.02$4,487
Apr 202161,31360.362.76$3,984
Mar 202101,85861.302.72$5,048
Feb 202101,69857.805.55$9,420
Jan 2021101,92350.412.81$5,908
Dec 202061,89344.642.68$5,332
Nov 2020681,83238.772.71$7,595
Oct 202041,90436.972.48$4,867
Sep 2020101,77237.091.99$3,899
Aug 2020901,78539.982.39$7,856
Jul 202001,93638.371.83$3,533
Jun 202001,90734.901.69$3,223
May 202001,92316.921.81$3,490
Apr 202001,82714.751.80$3,297
Mar 202002,01830.341.86$3,746
Feb 2020322,03849.881.98$5,633
Jan 202062,07657.252.09$4,692
Dec 2019201,35659.012.30$4,305
Nov 2019151,20055.302.75$4,130
Oct 2019661,32053.472.42$6,721
Sep 2019101,40755.052.66$4,289
Aug 2019121,37553.112.30$3,806
Jul 2019191,14256.272.46$3,879
Jun 201981,02052.782.49$2,963
May 201901,58758.482.74$4,349
Apr 2019751,59762.632.75$9,090
Mar 2019581,72456.803.06$8,573
Feb 2019481,70050.852.79$7,188
Jan 201951,93646.033.23$6,480
Dec 201801,95046.594.19$8,162
Nov 201801,80452.934.24$7,644
Oct 201802,00461.443.40$6,810
Sep 2018262,19459.543.11$8,367
Aug 201802,41959.403.07$7,418
Jul 201802,35565.142.93$6,905
Jun 201802,05360.183.08$6,317
May 2018302,58565.382.90$9,460
Apr 201802,26363.842.90$6,565
Mar 201801,72961.222.79$4,818
Feb 2018622,00061.782.77$9,363
Jan 201801,79562.874.01$7,197
Dec 201701,82057.272.92$5,317
Nov 201702,26455.423.12$7,060
Oct 201702,49449.292.98$7,441
Sep 201702,38147.523.09$7,351
Aug 20171732,95445.373.00$16,724
Jul 2017593,45343.873.09$13,249
Jun 2017421,95842.493.09$7,829
May 2017481,92245.373.26$8,450
Apr 201701,92147.933.21$6,169
Mar 201702,01446.772.98$6,009
Feb 2017056050.452.95$1,653
Jan 2017151,09349.413.42$4,478
Dec 201602,17548.763.72$8,097
Nov 201602,15842.492.64$5,707
Oct 2016132,02446.193.09$6,855
Sep 201602,01141.553.10$6,235
Aug 201622,39641.442.92$7,090
Jul 201602,24141.622.92$6,553
Jun 2016162,17545.352.69$6,567
May 201602,53542.521.99$5,047
Apr 2016172,49036.561.99$5,579
Mar 2016112,56833.011.79$4,970
Feb 2016112,37526.472.06$5,192
Jan 2016342,58427.352.36$7,039
Dec 201562,77732.362.00$5,752
Nov 201502,67038.792.17$5,787
Oct 2015312,72043.552.43$7,950
Sep 201502,55242.992.76$7,039
Aug 201502,83640.162.87$8,146
Jul 2015372,86248.152.95$10,210
Jun 201502,86756.152.88$8,265
May 201502,95955.212.96$8,745
Apr 201502,18449.822.71$5,911
Mar 2015262,34442.892.93$7,994
Feb 201501,15144.662.98$3,426
Jan 201502,32043.433.10$7,193
Dec 201402,20654.693.59$7,923
Nov 201402,36570.464.25$10,056
Oct 201402,54678.303.90$9,932
Sep 201402,11686.164.05$8,560
Aug 2014422,10089.394.04$12,228
Jul 201401,95896.564.18$8,184
Jun 201401,86298.164.74$8,820
May 201402,21794.734.73$10,479
Apr 2014352,06495.944.81$13,284
Mar 201402,43395.895.06$12,303
Feb 201401,43197.406.19$8,861
Jan 2014403,03290.404.86$18,354
Dec 201303,18991.824.35$13,886
Nov 2013103,58588.853.74$14,290
Oct 201302,27897.423.78$8,609
Sep 201381,895104.113.72$7,878
Aug 201301,846104.253.52$6,503
Jul 201302,331102.523.72$8,666
Jun 201302,61794.403.93$10,294
May 2013312,77094.834.15$14,433
Apr 201302,60793.964.28$11,165
Mar 201303,40193.623.91$13,308
Feb 2013292,90191.233.42$12,567
Jan 201303,38591.603.42$11,576
Dec 2012263,40686.773.42$13,905
Nov 201204,44086.953.62$16,095
Oct 201205,99689.383.40$20,384
Sep 201242,87494.672.92$8,766
Aug 201201,57892.662.91$4,589
Jul 20123292785.133.02$5,524
Jun 201201,43579.822.52$3,615
May 2012202,27391.612.49$7,488
Apr 201201,486101.652.00$2,967
Mar 2012211,616105.052.22$5,797
Feb 2012321,847101.102.57$7,982
Jan 201202,81198.092.73$7,686
Dec 2011502,18896.873.24$11,932
Nov 2011643,66395.723.31$18,255
Oct 201103,82884.983.65$13,967
Sep 2011504,22783.623.99$21,029
Aug 201103,49583.404.15$14,502
Jul 201102,39594.144.52$10,819
Jun 2011322,17392.904.64$13,055
May 201102,73898.134.40$12,060
Apr 2011291,722105.964.33$10,535
Mar 201102,40896.364.06$9,770
Feb 2011632,36685.644.18$15,285
Jan 201103,36886.504.59$15,455
Dec 20101853,49185.734.35$31,038
Nov 20101713,05080.843.80$25,399
Oct 201002,45578.103.51$8,614
Sep 20101642,55672.633.98$22,083
Aug 20101652,98973.684.42$25,367
Jul 2010313,50972.554.74$18,869
Jun 201004,09170.364.91$20,088
May 2010274,00871.124.24$18,895
Apr 2010293,65181.694.12$17,421
Mar 2010303,65678.394.39$18,397
Feb 2010334,14373.585.44$24,976
Jan 2010324,18074.365.96$27,309
Dec 2009383,92771.445.48$24,249
Nov 2009293,14074.593.75$13,943
Oct 200903,06572.544.11$12,598
Sep 2009323,10565.543.06$11,613
Aug 2009163,54267.423.22$12,479
Jul 200903,31061.133.46$11,468
Jun 200903,15566.163.90$12,289
May 200903,38554.743.93$13,289
Apr 200902,91546.773.59$10,458
Mar 200904,04042.144.06$16,398
Feb 200903,47932.814.63$16,118
Jan 200903,61135.865.37$19,395
Dec 200803,37337.105.98$20,161
Nov 200803,94155.496.86$27,037
Oct 200804,31075.246.92$29,834
Sep 200804,494101.767.88$35,400
Aug 2008164,760114.228.48$42,207
Jul 2008514,604131.0811.39$59,122
Jun 2008333,848131.3313.03$54,483
May 2008684,570123.1711.57$61,270
Apr 2008534,298110.3110.45$50,781
Mar 2008524,632101.909.66$50,063
Feb 2008593,94192.538.77$40,024
Jan 2008413,01390.388.21$28,429
Dec 2007154,52788.337.30$34,381
Nov 2007885,68891.677.29$49,542
Oct 2007396,68282.856.92$49,484
Sep 2007436,62375.846.24$44,616
Aug 20071338,05769.066.39$60,653
Jul 20077411,05670.906.39$75,872
Jun 200712213,96662.007.55$112,986
May 2007313,55458.747.85$29,707
Apr 2007301,80359.617.81$15,861
Mar 2007383,94156.927.30$30,940
Feb 20071484,76955.108.22$47,337
Jan 20071064,27350.306.73$34,076
Dec 20061183,32856.656.92$29,709
Nov 20062123,73554.207.62$39,942
Oct 20061056,50754.906.01$44,896
Sep 20061687,21760.085.04$46,447
Aug 20061035,76568.717.34$49,392
Jul 20062546,08969.376.34$56,241
Jun 2006743,48866.286.38$27,172
May 2006415,70266.016.42$39,342
Apr 2006111,64964.397.36$12,846
Mar 2006392,75156.707.08$21,696
Feb 2006386,33357.597.75$51,276
Jan 2006237,60660.598.93$69,340
Dec 2005356,59954.9413.42$90,451
Nov 20054710,76554.6910.59$116,555
Oct 2005388,49058.3413.80$119,343
Sep 20053711,46361.4512.08$140,735
Aug 2005218,15361.519.80$81,165
Jul 2005285,95755.697.84$48,284
Jun 20053217,27652.337.38$129,189
May 2005104,53245.226.65$30,595
Apr 2005144,65449.207.36$34,944
Mar 200583,69350.377.15$26,826
Feb 2005224,81145.226.31$31,361
Jan 2005547,56443.166.32$50,152
Dec 20045710,54339.866.75$73,449
Nov 2004366,06845.286.33$40,043
Oct 2004235,28349.706.52$35,562
Sep 20047711,02843.245.28$61,600
Aug 2004459,41742.375.55$54,177
Jul 2004199,19738.286.08$56,684
Jun 20045011,03936.106.43$72,819
May 2004687,66637.486.49$52,336
Apr 20041388,62634.475.86$55,292
Mar 200412410,55134.365.53$62,609
Feb 200423910,30432.455.51$64,527
Jan 200413610,49932.036.30$70,496
Dec 2003228,48330.266.30$54,123
Nov 20031749,54428.804.60$48,867
Oct 200315512,98428.174.76$66,166
Sep 200325214,08826.314.75$73,539
Aug 200325617,32829.765.13$96,506
Jul 200354824,06429.415.17$140,548
Jun 200397624,36928.565.98$173,673
May 20031,01631,87226.595.97$217,377
Apr 20031,88450,78826.675.41$324,871
Mar 20032,01847,69031.146.10$353,561
Feb 200319013,42433.487.93$112,758
Jan 200318720,19430.315.58$118,392
Dec 2002032,19826.914.85$156,281

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                1,705 Mcf  × $  3.05 =     $5,193

────────────────────────────────────────────────────
Month total                                   $5,193

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/194516 is the state's own key, not one this site invented.