B.M.T. A

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 198146District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Sep 2003 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
273
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 Gas112004-04-19156171
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
CondensateDisposition343 bbl$21,598
GasProduction214,264 Mcf$1,180,582
Total$1,202,180

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 27.3626, -99.1354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36259, -99.13544 · 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
10,628 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 10,628 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-479384461410,628 ftMay 2005

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 (273)

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

273 months

May 202603106.413.05$9
Apr 20260398.932.87$9
Mar 202662389.753.15$611
Feb 2026048263.503.75$1,808
Jan 2026042859.138.00$3,423
Dec 2025040556.664.41$1,787
Nov 2025024458.593.93$958
Oct 2025029159.383.30$962
Sep 2025321162.743.08$837
Aug 20250063.933.01$0
Jul 202506166.743.32$202
Jun 2025018766.483.13$585
May 2025010560.553.23$339
Apr 2025020362.363.54$719
Mar 202503167.704.27$132
Feb 2025026170.884.34$1,133
Jan 2025030074.324.28$1,284
Dec 2024031768.993.12$989
Nov 2024032869.052.20$721
Oct 2024034171.372.28$778
Sep 2024629469.612.36$1,113
Aug 2024332175.632.06$889
Jul 2024018779.932.15$401
Jun 2024026078.082.63$685
May 2024026578.812.20$583
Apr 2024027984.451.66$463
Mar 2024030780.301.55$474
Feb 2024030076.091.78$535
Jan 2024035073.023.30$1,154
Dec 2023042871.262.61$1,117
Nov 2023037077.892.81$1,039
Oct 2023041285.443.09$1,272
Sep 2023043989.042.74$1,201
Aug 2023049680.522.67$1,326
Jul 2023057874.852.64$1,527
Jun 2023057368.962.26$1,294
May 2023082670.622.23$1,840
Apr 2023067978.122.24$1,519
Mar 2023052772.852.39$1,261
Feb 2023064175.112.47$1,581
Jan 202301,05076.533.39$3,557
Dec 2022051476.415.73$2,945
Nov 2022065885.005.65$3,715
Oct 2022049887.185.86$2,920
Sep 2022043784.888.16$3,568
Aug 2022035694.529.13$3,249
Jul 20220221101.587.54$1,667
Jun 20220347115.097.98$2,768
May 20220422109.378.43$3,559
Apr 20220545104.226.84$3,726
Mar 2022038108.885.08$193
Feb 20220091.054.86$0
Jan 20221081.844.54$82
Dec 2021023071.323.90$897
Nov 2021034877.435.24$1,822
Oct 2021026779.795.71$1,526
Sep 2021019869.865.35$1,059
Aug 2021033466.024.22$1,410
Jul 2021032470.783.98$1,290
Jun 20211032469.493.38$1,790
May 2021036163.483.02$1,089
Apr 2021836960.362.76$1,501
Mar 2021040161.302.72$1,089
Feb 20211238357.805.55$2,818
Jan 2021444550.412.81$1,452
Dec 2020355044.642.68$1,605
Nov 2020166138.772.71$1,828
Oct 20201182536.972.48$2,451
Sep 2020496537.091.99$2,070
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20203049.881.98$150
Jan 20202057.252.09$115
Dec 20192059.012.30$118
Nov 20197955.302.75$412
Oct 2019326053.472.42$789
Sep 2019230155.052.66$910
Aug 2019129953.112.30$742
Jul 2019012056.272.46$295
Jun 2019436452.782.49$1,118
May 2019040158.482.74$1,099
Apr 2019036162.632.75$993
Mar 2019139656.803.06$1,269
Feb 2019011150.852.79$310
Jan 2019019146.033.23$617
Dec 2018035846.594.19$1,498
Nov 2018032252.934.24$1,364
Oct 2018088561.443.40$3,007
Sep 201801,56259.543.11$4,855
Aug 2018071259.403.07$2,183
Jul 201801,12965.142.93$3,310
Jun 201801,54560.183.08$4,754
May 201801,82965.382.90$5,306
Apr 201872,51563.842.90$7,742
Mar 2018131,89461.222.79$6,074
Feb 2018442,54261.782.77$9,750
Jan 2018934,67062.874.01$24,570
Dec 2017172,28657.272.92$7,652
Nov 2017518955.423.12$866
Oct 2017236649.292.98$1,191
Sep 2017033347.523.09$1,028
Aug 2017036145.373.00$1,085
Jul 2017137343.873.09$1,195
Jun 2017037342.493.09$1,152
May 2017038745.373.26$1,263
Apr 2017037147.933.21$1,192
Mar 2017037846.772.98$1,128
Feb 2017034550.452.95$1,019
Jan 2017032749.413.42$1,118
Dec 2016033448.763.72$1,243
Nov 2016035642.492.64$941
Oct 2016036046.193.09$1,112
Sep 2016031441.553.10$974
Aug 2016031641.442.92$924
Jul 2016033041.622.92$965
Jun 2016030845.352.69$827
May 2016037342.521.99$743
Apr 2016133036.561.99$694
Mar 2016035133.011.79$630
Feb 2016037326.472.06$770
Jan 2016234927.352.36$880
Dec 2015142332.362.00$879
Nov 2015039238.792.17$850
Oct 2015029143.552.43$706
Sep 201506042.992.76$166
Aug 201509540.162.87$273
Jul 2015919748.152.95$1,014
Jun 2015031756.152.88$914
May 2015037655.212.96$1,111
Apr 2015838549.822.71$1,441
Mar 2015440342.892.93$1,354
Feb 2015058344.662.98$1,735
Jan 2015019843.433.10$614
Dec 2014033554.693.59$1,203
Nov 2014033170.464.25$1,407
Oct 2014039078.303.90$1,521
Sep 2014036586.164.05$1,477
Aug 2014039189.394.04$1,578
Jul 2014039096.564.18$1,630
Jun 2014038298.164.74$1,809
May 2014046494.734.73$2,193
Apr 2014045495.944.81$2,183
Mar 2014055095.895.06$2,781
Feb 2014017597.406.19$1,084
Jan 20141437690.404.86$3,093
Dec 2013046891.824.35$2,038
Nov 20131429388.853.74$2,339
Oct 2013043297.423.78$1,633
Sep 201311405104.113.72$2,651
Aug 20130367104.253.52$1,293
Jul 20130505102.523.72$1,877
Jun 2013047594.403.93$1,868
May 2013052594.834.15$2,178
Apr 2013049793.964.28$2,128
Mar 2013052193.623.91$2,039
Feb 2013046791.233.42$1,597
Jan 2013054091.603.42$1,847
Dec 2012050986.773.42$1,741
Nov 2012056486.953.62$2,044
Oct 2012058989.383.40$2,002
Sep 2012055794.672.92$1,626
Aug 2012058992.662.91$1,713
Jul 2012059085.133.02$1,782
Jun 2012058579.822.52$1,474
May 2012060991.612.49$1,515
Apr 20120588101.652.00$1,174
Mar 20120623105.052.22$1,384
Feb 20120598101.102.57$1,537
Jan 2012064198.092.73$1,753
Dec 2011065196.873.24$2,109
Nov 2011067295.723.31$2,225
Oct 2011075184.983.65$2,740
Sep 2011083383.623.99$3,320
Aug 201101,29783.404.15$5,382
Jul 201101,50694.144.52$6,803
Jun 2011072692.904.64$3,369
May 2011065598.134.40$2,885
Apr 20110839105.964.33$3,636
Mar 201101,25596.364.06$5,092
Feb 201102,15785.644.18$9,016
Jan 201103,38186.504.59$15,515
Dec 201001,98985.734.35$8,648
Nov 2010077980.843.80$2,957
Oct 2010072878.103.51$2,554
Sep 2010067072.633.98$2,666
Aug 2010068173.684.42$3,010
Jul 2010072172.554.74$3,415
Jun 2010063870.364.91$3,133
May 2010060471.124.24$2,558
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010057073.585.44$3,102
Jan 2010031974.365.96$1,903
Dec 2009013171.445.48$718
Nov 2009058574.593.75$2,195
Oct 2009058172.544.11$2,388
Sep 2009056265.543.06$1,722
Aug 2009054767.423.22$1,761
Jul 2009068361.133.46$2,366
Jun 2009069266.163.90$2,695
May 2009072554.743.93$2,846
Apr 2009064746.773.59$2,321
Mar 2009074642.144.06$3,028
Feb 2009056632.814.63$2,622
Jan 2009065835.865.37$3,534
Dec 2008090437.105.98$5,403
Nov 2008091055.496.86$6,243
Oct 2008073575.246.92$5,088
Sep 20080866101.767.88$6,822
Aug 20080856114.228.48$7,261
Jul 20080911131.0811.39$10,376
Jun 200801,348131.3313.03$17,568
May 200802,498123.1711.57$28,913
Apr 20080178110.3110.45$1,861
Mar 200801,364101.909.66$13,182
Feb 2008074192.538.77$6,499
Jan 200801,00590.388.21$8,247
Dec 200703,35188.337.30$24,469
Nov 200701,55191.677.29$11,309
Oct 200703,47982.856.92$24,082
Sep 200702,52175.846.24$15,742
Aug 200702,75069.066.39$17,567
Jul 200702,67970.906.39$17,113
Jun 200702,33962.007.55$17,656
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200701,71050.306.73$11,503
Dec 200601,00856.656.92$6,974
Nov 2006080054.207.62$6,094
Oct 2006068754.906.01$4,131
Sep 2006068960.085.04$3,471
Aug 200602,38568.717.34$17,506
Jul 200602,44969.376.34$15,533
Jun 200601,12766.286.38$7,195
May 2006096366.016.42$6,187
Apr 2006097564.397.36$7,176
Mar 2006091256.707.08$6,460
Feb 200601,15957.597.75$8,984
Jan 200601,26760.598.93$11,319
Dec 200501,23054.9413.42$16,501
Nov 200501,27354.6910.59$13,479
Oct 200502,78758.3413.80$38,449
Sep 200503,93161.4512.08$47,483
Aug 200502,39061.519.80$23,414
Jul 200507,17855.697.84$56,302
Jun 2005010,27652.337.38$75,848
May 200502,63845.226.65$17,546
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004078143.245.28$4,127
Aug 200401,46842.375.55$8,148
Jul 200401,52538.286.08$9,278
Jun 200402,17536.106.43$13,992
May 200401,11937.486.49$7,267
Apr 200401,12534.475.86$6,591
Mar 200401,16334.365.53$6,432
Feb 200401,31132.455.51$7,223
Jan 200401,39332.036.30$8,775
Dec 2003064230.266.30$4,046
Nov 200302,86928.804.60$13,184
Oct 200304,76828.174.76$22,694
Sep 200306,91426.314.75$32,837

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                    3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/198146 is the state's own key, not one this site invented.