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 194658District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.6 M
Apr 2003 – May 2026
Value, last 12 filed months
$215 k
at the published price for each month
Months reported
278
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 Gas112003-08-12152055
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
CondensateDisposition5,610 bbl$284,687
GasProduction3,892,297 Mcf$21,292,806
Total$21,577,493

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 27.4328, -99.1057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43285, -99.10572 · 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
9,500 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 9,500 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-479383151649,500 ftApr 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 (278)

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

278 months

May 202604,998106.413.05$15,223
Apr 202604,56298.932.87$13,092
Mar 202604,79989.753.15$15,114
Feb 202604,34663.503.75$16,299
Jan 202604,73859.138.00$37,894
Dec 202504,76656.664.41$21,034
Nov 202504,70458.593.93$18,470
Oct 202505,05359.383.30$16,699
Sep 202504,73362.743.08$14,563
Aug 202504,93963.933.01$14,890
Jul 202504,98766.743.32$16,533
Jun 202504,83566.483.13$15,127
May 202504,98860.553.23$16,123
Apr 202504,89062.363.54$17,326
Mar 2025325,01667.704.27$23,576
Feb 202504,35370.884.34$18,896
Jan 202504,79574.324.28$20,516
Dec 202405,02968.993.12$15,697
Nov 202404,85169.052.20$10,665
Oct 202404,92771.372.28$11,240
Sep 202404,76069.612.36$11,254
Aug 202404,97175.632.06$10,258
Jul 202405,12479.932.15$10,999
Jun 202404,87978.082.63$12,851
May 202405,12578.812.20$11,267
Apr 202404,91684.451.66$8,157
Mar 202405,27080.301.55$8,143
Feb 202404,95876.091.78$8,843
Jan 202405,31373.023.30$17,520
Dec 2023315,56771.262.61$16,743
Nov 202305,31877.892.81$14,931
Oct 202305,69385.443.09$17,576
Sep 202305,54889.042.74$15,174
Aug 202305,84580.522.67$15,623
Jul 202305,15674.852.64$13,621
Jun 202305,09568.962.26$11,507
May 202305,34970.622.23$11,914
Apr 202305,04478.122.24$11,287
Mar 2023185,37572.852.39$14,175
Feb 202304,57775.112.47$11,285
Jan 202305,22476.533.39$17,697
Dec 202204,52276.415.73$25,907
Nov 202205,02285.005.65$28,355
Oct 202205,27387.185.86$30,920
Sep 202205,14584.888.16$42,002
Aug 202205,36894.529.13$48,995
Jul 202205,515101.587.54$41,595
Jun 202205,222115.097.98$41,657
May 202205,428109.378.43$45,775
Apr 202205,226104.226.84$35,733
Mar 2022115,297108.885.08$28,087
Feb 202205,16591.054.86$25,096
Jan 202205,35381.844.54$24,290
Dec 202105,61371.323.90$21,886
Nov 202105,47077.435.24$28,646
Oct 202105,64679.795.71$32,261
Sep 202105,50569.865.35$29,457
Aug 202105,58466.024.22$23,568
Jul 202105,79170.783.98$23,060
Jun 202105,45569.493.38$18,441
May 2021365,66063.483.02$19,365
Apr 202105,48560.362.76$15,130
Mar 202105,56561.302.72$15,120
Feb 202105,15857.805.55$28,616
Jan 2021245,65350.412.81$17,096
Dec 202005,67844.642.68$15,191
Nov 202005,53038.772.71$14,967
Oct 2020185,79236.972.48$15,021
Sep 202005,56337.091.99$11,076
Aug 202005,97939.982.39$14,261
Jul 202006,09838.371.83$11,130
Jun 202005,85234.901.69$9,892
May 202006,03316.921.81$10,948
Apr 202035,99414.751.80$10,860
Mar 2020346,23030.341.86$12,596
Feb 202005,93949.881.98$11,763
Jan 202005,49857.252.09$11,517
Dec 201906,21459.012.30$14,319
Nov 2019346,12655.302.75$18,731
Oct 201906,50353.472.42$15,728
Sep 201905,63755.052.66$14,979
Aug 201906,57653.112.30$15,153
Jul 201905,44156.272.46$13,385
Jun 2019246,17652.782.49$16,652
May 201906,44458.482.74$17,659
Apr 201906,44262.632.75$17,720
Mar 201906,21456.803.06$19,028
Feb 2019125,62850.852.79$16,325
Jan 201906,48146.033.23$20,922
Dec 201806,77646.594.19$28,361
Nov 201806,56952.934.24$27,834
Oct 2018137,03561.443.40$24,704
Sep 201806,61259.543.11$20,550
Aug 201806,68459.403.07$20,497
Jul 201806,95065.142.93$20,377
Jun 2018166,83260.183.08$21,984
May 201807,15765.382.90$20,761
Apr 201806,95863.842.90$20,184
Mar 201807,38161.222.79$20,570
Feb 201876,73061.782.77$19,048
Jan 201806,91762.874.01$27,732
Dec 2017227,24057.272.92$22,412
Nov 201707,22355.423.12$22,524
Oct 201706,79949.292.98$20,286
Sep 201707,85847.523.09$24,260
Aug 201707,65245.373.00$22,990
Jul 201707,76343.873.09$23,967
Jun 201797,51542.493.09$23,583
May 201707,73345.373.26$25,236
Apr 201707,30847.933.21$23,470
Mar 201708,87246.772.98$26,471
Feb 2017286,84350.452.95$21,617
Jan 201708,20449.413.42$28,048
Dec 2016347,68748.763.72$30,275
Nov 201607,52642.492.64$19,901
Oct 201607,71246.193.09$23,832
Sep 2016317,56741.553.10$24,751
Aug 201608,50441.442.92$24,869
Jul 201606,71841.622.92$19,646
Jun 201607,09245.352.69$19,048
May 2016237,43642.521.99$15,783
Apr 201607,54736.561.99$15,026
Mar 2016104,68633.011.79$8,737
Feb 201605,97126.472.06$12,322
Jan 201657,07227.352.36$16,858
Dec 201507,72532.362.00$15,461
Nov 201506,99238.792.17$15,154
Oct 201528,10743.552.43$19,759
Sep 2015157,57442.992.76$21,537
Aug 201507,49540.162.87$21,529
Jul 201508,21048.152.95$24,179
Jun 2015277,91956.152.88$24,345
May 2015238,61155.212.96$26,719
Apr 201507,68549.822.71$20,800
Mar 2015437,93142.892.93$25,119
Feb 201508,28044.662.98$24,643
Jan 201508,02843.433.10$24,892
Dec 201408,77154.693.59$31,500
Nov 201408,68970.464.25$36,944
Oct 201408,27378.303.90$32,273
Sep 201408,59086.164.05$34,750
Aug 201409,03889.394.04$36,469
Jul 201408,49196.564.18$35,489
Jun 201408,59998.164.74$40,732
May 201408,12294.734.73$38,389
Apr 201408,46895.944.81$40,724
Mar 201408,85495.895.06$44,773
Feb 201408,27897.406.19$51,257
Jan 201408,80190.404.86$42,779
Dec 201309,44791.824.35$41,137
Nov 201309,46888.853.74$35,394
Oct 2013011,02297.423.78$41,656
Sep 201308,361104.113.72$31,084
Aug 201306,242104.253.52$21,988
Jul 201309,390102.523.72$34,910
Jun 2013010,00394.403.93$39,346
May 201308,86594.834.15$36,782
Apr 201309,54993.964.28$40,894
Mar 2013010,59193.623.91$41,441
Feb 201307,18291.233.42$24,562
Jan 2013010,25191.603.42$35,058
Dec 201208,98986.773.42$30,744
Nov 201209,17286.953.62$33,248
Oct 2012010,24089.383.40$34,813
Sep 2012010,25094.672.92$29,914
Aug 2012010,36792.662.91$30,149
Jul 2012010,73285.133.02$32,419
Jun 2012010,34779.822.52$26,065
May 2012010,14391.612.49$25,239
Apr 2012010,442101.652.00$20,851
Mar 2012010,980105.052.22$24,398
Feb 201209,953101.102.57$25,582
Jan 2012311,45198.092.73$31,602
Dec 2011911,07296.873.24$36,742
Nov 20113011,74195.723.31$41,749
Oct 20111310,47084.983.65$39,305
Sep 20112611,50483.623.99$48,027
Aug 20112712,28583.404.15$53,226
Jul 20111213,60194.144.52$62,569
Jun 201108,93492.904.64$41,453
May 201107,28898.134.40$32,102
Apr 2011011,027105.964.33$47,783
Mar 2011011,96996.364.06$48,562
Feb 201109,83885.644.18$41,123
Jan 2011011,86386.504.59$54,437
Dec 2010012,49585.734.35$54,325
Nov 2010011,97080.843.80$45,430
Oct 2010012,53478.103.51$43,980
Sep 2010012,34872.633.98$49,139
Aug 2010012,37673.684.42$54,694
Jul 2010013,21572.554.74$62,593
Jun 2010012,49470.364.91$61,351
May 2010013,28471.124.24$56,261
Apr 2010013,28281.694.12$54,758
Mar 2010014,00978.394.39$61,481
Feb 2010012,52973.585.44$68,187
Jan 2010014,29874.365.96$85,275
Dec 2009014,82971.445.48$81,319
Nov 2009014,35574.593.75$53,853
Oct 2009014,99272.544.11$61,621
Sep 2009014,34165.543.06$43,952
Aug 2009015,36267.423.22$49,443
Jul 2009015,63661.133.46$54,171
Jun 2009914,85666.163.90$58,460
May 200914815,95854.743.93$70,749
Apr 20097015,34546.773.59$58,324
Mar 20095715,34642.144.06$64,691
Feb 2009014,21132.814.63$65,840
Jan 20092516,22235.865.37$88,025
Dec 20085816,14537.105.98$98,653
Nov 20083116,27355.496.86$113,359
Oct 20084816,89275.246.92$120,538
Sep 20084216,255101.767.88$132,316
Aug 20085217,464114.228.48$154,087
Jul 20084817,600131.0811.39$206,746
Jun 20086317,985131.3313.03$242,666
May 20083618,152123.1711.57$214,531
Apr 20086217,796110.3110.45$192,894
Mar 20086519,299101.909.66$193,130
Feb 20087419,02792.538.77$173,725
Jan 20086520,63290.388.21$175,175
Dec 2007621,84488.337.30$160,034
Nov 20071018,51891.677.29$135,944
Oct 2007620,14282.856.92$139,920
Sep 2007715,15275.846.24$95,142
Aug 200738,41769.066.39$53,974
Jul 20071420,89470.906.39$134,462
Jun 20071718,93462.007.55$143,976
May 2007919,45258.747.85$153,155
Apr 20072922,33459.617.81$176,050
Mar 20071924,11156.927.30$177,139
Feb 20072123,89155.108.22$197,446
Jan 20072222,21150.306.73$150,517
Dec 2006025,99656.656.92$179,852
Nov 2006018,44654.207.62$140,512
Oct 2006028,01354.906.01$168,465
Sep 2006018,07760.085.04$91,057
Aug 2006027,79768.717.34$204,028
Jul 20066428,92469.376.34$187,898
Jun 200614028,27466.286.38$189,777
May 20069833,95566.016.42$224,630
Apr 20063223,42664.397.36$174,487
Mar 20065125,58056.707.08$184,073
Feb 20065124,22157.597.75$190,677
Jan 20064729,39160.598.93$265,407
Dec 20052820,77854.9413.42$280,284
Nov 20053439,02854.6910.59$415,104
Oct 20053431,11058.3413.80$431,170
Sep 20055425,83861.4512.08$315,416
Aug 20056131,82961.519.80$315,576
Jul 20053832,79555.697.84$259,348
Jun 20053226,65152.337.38$198,387
May 20056427,48645.226.65$185,708
Apr 20054927,63849.207.36$205,840
Mar 20057728,79850.377.15$209,925
Feb 20056726,85445.226.31$172,530
Jan 20058330,63443.166.32$197,257
Dec 20049631,30439.866.75$215,162
Nov 20048232,70545.286.33$210,749
Oct 20047434,17549.706.52$226,331
Sep 20049734,99143.245.28$189,083
Aug 200420437,32642.375.55$215,827
Jul 200414439,68038.286.08$246,933
Jun 20046338,79336.106.43$251,830
May 200416644,32637.486.49$294,100
Apr 200421344,76334.475.86$269,584
Mar 200422450,69634.365.53$288,053
Feb 200424048,32232.455.51$274,024
Jan 2004553,34332.036.30$336,202
Dec 20031459,68430.266.30$376,531
Nov 20038863,65428.804.60$295,035
Oct 20039173,65728.174.76$353,144
Sep 20039082,15226.314.75$392,537
Aug 200312298,81329.765.13$510,514
Jul 200330125,47029.415.17$649,668
Jun 2003578127,09628.565.98$776,918
May 20033514,43826.595.97$87,164
Apr 2003299,36926.675.41$51,434

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                4,998 Mcf  × $  3.05 =    $15,223

────────────────────────────────────────────────────
Month total                                  $15,223

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/194658 is the state's own key, not one this site invented.