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 198269District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Aug 2003 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
274
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 Gas112004-04-19156172
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
CondensateDisposition16,292 bbl$884,874
GasProduction1,599,451 Mcf$9,216,013
Total$10,100,888

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 27.4365, -99.0965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43651, -99.09655 · 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
9,547 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 9,547 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-479384211669,547 ftAug 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 (274)

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

274 months

May 202601,056106.413.05$3,216
Apr 202601,02798.932.87$2,947
Mar 202601,08889.753.15$3,427
Feb 2026092763.503.75$3,477
Jan 2026097659.138.00$7,806
Dec 2025095156.664.41$4,197
Nov 2025093558.593.93$3,671
Oct 2025087659.383.30$2,895
Sep 2025089362.743.08$2,748
Aug 2025096163.933.01$2,897
Jul 2025098966.743.32$3,279
Jun 202501,00566.483.13$3,144
May 2025096760.553.23$3,126
Apr 202501,14962.363.54$4,071
Mar 202571,01067.704.27$4,785
Feb 2025087770.884.34$3,807
Jan 202501,04474.324.28$4,467
Dec 202401,08868.993.12$3,396
Nov 202401,02369.052.20$2,249
Oct 202401,04871.372.28$2,391
Sep 202401,03269.612.36$2,440
Aug 202401,07675.632.06$2,220
Jul 202401,10879.932.15$2,378
Jun 202401,02478.082.63$2,697
May 202401,12678.812.20$2,475
Apr 202401,11284.451.66$1,845
Mar 202401,25180.301.55$1,933
Feb 202401,14176.091.78$2,035
Jan 202401,18473.023.30$3,904
Dec 202381,21071.262.61$3,729
Nov 202301,16477.892.81$3,268
Oct 202301,21085.443.09$3,736
Sep 202301,11889.042.74$3,058
Aug 202301,16880.522.67$3,122
Jul 2023096574.852.64$2,549
Jun 2023097668.962.26$2,204
May 202301,04470.622.23$2,325
Apr 202301,07678.122.24$2,408
Mar 202301,13672.852.39$2,719
Feb 202301,07375.112.47$2,646
Jan 202301,33376.533.39$4,516
Dec 202201,08876.415.73$6,233
Nov 202201,11985.005.65$6,318
Oct 202201,14287.185.86$6,696
Sep 202201,15184.888.16$9,396
Aug 202201,22194.529.13$11,144
Jul 202201,239101.587.54$9,345
Jun 202201,171115.097.98$9,341
May 202201,256109.378.43$10,592
Apr 202201,177104.226.84$8,048
Mar 202221,203108.885.08$6,325
Feb 202201,14391.054.86$5,554
Jan 202201,37881.844.54$6,253
Dec 202101,32771.323.90$5,174
Nov 202101,30977.435.24$6,855
Oct 202101,42379.795.71$8,131
Sep 202101,36169.865.35$7,283
Aug 202101,41566.024.22$5,972
Jul 202101,46570.783.98$5,834
Jun 202101,41469.493.38$4,780
May 202191,56363.483.02$5,288
Apr 202101,28360.362.76$3,539
Mar 202101,43861.302.72$3,907
Feb 202101,38457.805.55$7,678
Jan 2021111,43650.412.81$4,590
Dec 202001,41344.642.68$3,780
Nov 202001,38138.772.71$3,738
Oct 2020251,45336.972.48$4,525
Sep 202001,41937.091.99$2,825
Aug 202001,48439.982.39$3,539
Jul 202001,52438.371.83$2,781
Jun 202001,46834.901.69$2,481
May 202001,55816.921.81$2,827
Apr 202051,42514.751.80$2,645
Mar 2020111,54630.341.86$3,203
Feb 202001,42249.881.98$2,817
Jan 202001,61657.252.09$3,385
Dec 201901,63959.012.30$3,777
Nov 2019101,54655.302.75$4,806
Oct 201901,66853.472.42$4,034
Sep 201901,52055.052.66$4,039
Aug 201901,68453.112.30$3,881
Jul 201901,75356.272.46$4,312
Jun 2019101,68752.782.49$4,730
May 201901,74658.482.74$4,785
Apr 201901,80662.632.75$4,968
Mar 201901,68756.803.06$5,166
Feb 2019191,47650.852.79$5,087
Jan 201901,68446.033.23$5,436
Dec 201801,69246.594.19$7,082
Nov 201801,77452.934.24$7,517
Oct 2018191,71661.443.40$6,998
Sep 201801,60759.543.11$4,995
Aug 201801,82159.403.07$5,584
Jul 201801,83565.142.93$5,380
Jun 2018181,78260.183.08$6,566
May 201801,89165.382.90$5,485
Apr 201801,83763.842.90$5,329
Mar 201801,97961.222.79$5,515
Feb 201821,69761.782.77$4,818
Jan 201801,85462.874.01$7,433
Dec 201761,93857.272.92$6,006
Nov 201701,87155.423.12$5,834
Oct 201702,14449.292.98$6,397
Sep 201702,07547.523.09$6,406
Aug 201701,38745.373.00$4,167
Jul 201701,41943.873.09$4,381
Jun 201731,38242.493.09$4,394
May 201701,49045.373.26$4,862
Apr 201701,39047.933.21$4,464
Mar 201701,69246.772.98$5,048
Feb 201771,35350.452.95$4,348
Jan 201702,35549.413.42$8,051
Dec 2016102,21948.763.72$8,749
Nov 201602,18842.492.64$5,786
Oct 201602,30146.193.09$7,111
Sep 2016102,27441.553.10$7,466
Aug 201602,41441.442.92$7,059
Jul 201602,38641.622.92$6,977
Jun 201602,28045.352.69$6,124
May 201682,46042.521.99$5,238
Apr 201602,37236.561.99$4,723
Mar 201641,57833.011.79$2,963
Feb 201601,90626.472.06$3,933
Jan 201641,99527.352.36$4,826
Dec 201502,37932.362.00$4,761
Nov 201501,99738.792.17$4,328
Oct 201512,36343.552.43$5,778
Sep 201592,28342.992.76$6,684
Aug 201502,22340.162.87$6,386
Jul 201502,39848.152.95$7,062
Jun 2015162,40156.152.88$7,820
May 2015182,64355.212.96$8,805
Apr 201502,98949.822.71$8,090
Mar 2015423,42442.892.93$11,850
Feb 201502,05344.662.98$6,110
Jan 2015362,68943.433.10$9,901
Dec 2014342,58054.693.59$11,125
Nov 201402,64670.464.25$11,250
Oct 2014322,28978.303.90$11,435
Sep 2014282,62386.164.05$13,024
Aug 201402,84789.394.04$11,488
Jul 201402,53396.564.18$10,587
Jun 201402,65598.164.74$12,576
May 201402,78794.734.73$13,173
Apr 201402,58595.944.81$12,432
Mar 201402,71695.895.06$13,734
Feb 201402,53597.406.19$15,697
Jan 201402,48790.404.86$12,089
Dec 201302,72291.824.35$11,853
Nov 201302,64688.853.74$9,891
Oct 201303,04797.423.78$11,516
Sep 201302,730104.113.72$10,149
Aug 201302,762104.253.52$9,729
Jul 201303,095102.523.72$11,506
Jun 201303,09194.403.93$12,158
May 201303,18194.834.15$13,198
Apr 201303,04193.964.28$13,023
Mar 201303,12393.623.91$12,220
Feb 201303,00891.233.42$10,287
Jan 201303,52991.603.42$12,069
Dec 201202,76386.773.42$9,450
Nov 201203,07886.953.62$11,158
Oct 201203,35789.383.40$11,413
Sep 201203,35094.672.92$9,777
Aug 201203,27792.662.91$9,530
Jul 201202,62085.133.02$7,915
Jun 201202,57179.822.52$6,476
May 201202,04191.612.49$5,079
Apr 201203,337101.652.00$6,663
Mar 201203,429105.052.22$7,620
Feb 201203,318101.102.57$8,528
Jan 201233,64898.092.73$10,268
Dec 201193,39696.873.24$11,874
Nov 2011213,54295.723.31$13,739
Oct 2011123,79884.983.65$14,877
Sep 2011173,45183.623.99$15,177
Aug 2011193,78183.404.15$17,273
Jul 2011314,74594.144.52$24,353
Jun 2011652,43292.904.64$17,323
May 2011222,02298.134.40$11,065
Apr 2011753,735105.964.33$24,132
Mar 2011503,84296.364.06$20,406
Feb 20111003,37485.644.18$22,667
Jan 2011523,51786.504.59$20,637
Dec 20101043,93285.734.35$26,011
Nov 20102424,10780.843.80$35,151
Oct 20101084,40878.103.51$23,902
Sep 20101033,83272.633.98$22,730
Aug 20102344,34073.684.42$36,421
Jul 20102154,12172.554.74$35,117
Jun 2010634,48670.364.91$26,461
May 201004,42971.124.24$18,758
Apr 201004,31281.694.12$17,777
Mar 201004,67378.394.39$20,508
Feb 201004,20973.585.44$22,907
Jan 2010164,74974.365.96$29,513
Dec 20093344,74571.445.48$49,881
Nov 20092284,65674.593.75$34,474
Oct 20092275,09672.544.11$37,412
Sep 20093395,17265.543.06$38,069
Aug 20092375,36967.423.22$33,259
Jul 20092175,55761.133.46$32,517
Jun 20092635,38366.163.90$38,367
May 20091385,62954.743.93$29,652
Apr 2009665,40246.773.59$22,467
Mar 2009515,29742.144.06$23,650
Feb 200904,91332.814.63$22,762
Jan 2009255,47235.865.37$30,287
Dec 2008855,70637.105.98$37,259
Nov 2008455,60255.496.86$40,929
Oct 2008736,14575.246.92$48,028
Sep 2008625,706101.767.88$51,256
Aug 2008755,939114.228.48$58,947
Jul 2008746,335131.0811.39$81,852
Jun 2008976,464131.3313.03$96,982
May 2008474,890123.1711.57$62,387
Apr 2008945,898110.3110.45$72,032
Mar 20081056,885101.909.66$77,237
Feb 20081156,63492.538.77$68,825
Jan 2008926,31290.388.21$60,110
Dec 2007436,53488.337.30$51,509
Nov 2007737,30391.677.29$59,943
Oct 2007497,31582.856.92$54,694
Sep 2007957,67075.846.24$55,098
Aug 2007338,75569.066.39$58,205
Jul 20071119,45170.906.39$68,242
Jun 2007589,26362.007.55$73,517
May 200707,72358.747.85$60,597
Apr 2007149,30759.617.81$73,478
Mar 200711210,34756.927.30$81,929
Feb 200712810,24255.108.22$91,201
Jan 20071619,50650.306.73$72,044
Dec 20061928,69756.656.92$71,046
Nov 200611210,42354.207.62$85,467
Oct 200632914,15754.906.01$103,199
Sep 2006986,59460.085.04$39,103
Aug 200622810,86368.717.34$95,399
Jul 200623611,29569.376.34$88,013
Jun 20067511,48666.286.38$78,296
May 20068912,21966.016.42$84,382
Apr 200614513,00964.397.36$105,089
Mar 200622814,19656.707.08$113,477
Feb 200623614,18657.597.75$123,549
Jan 200623616,81160.598.93$164,477
Dec 200530419,27854.9413.42$275,324
Nov 200530920,29954.6910.59$231,833
Oct 200518112,69558.3413.80$185,697
Sep 200531312,15461.4512.08$166,042
Aug 200531413,14161.519.80$148,054
Jul 200519213,11755.697.84$113,578
Jun 200516911,93152.337.38$96,907
May 200522613,54645.226.65$100,316
Apr 200516112,26849.207.36$98,220
Mar 200529315,06250.377.15$122,525
Feb 200526114,48945.226.31$103,256
Jan 200531816,50043.166.32$118,041
Dec 20041418,14239.866.75$123,036
Nov 2004915,95745.286.33$101,422
Oct 20041119,06849.706.52$124,777
Sep 20041521,06443.245.28$111,949
Aug 20043423,86142.375.55$133,885
Jul 20043027,21138.286.08$166,705
Jun 20041017,06736.106.43$110,153
May 20044723,12537.486.49$151,949
Apr 20046727,68634.475.86$164,507
Mar 20047332,92734.365.53$184,599
Feb 20048332,95332.455.51$184,252
Jan 2004239,55632.036.30$249,253
Dec 20037640,26330.266.30$256,023
Nov 200390844,18328.804.60$229,178
Oct 200399353,59228.174.76$283,051
Sep 20031,04380,66726.314.75$410,558
Aug 20031,681117,48629.765.13$652,697

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                1,056 Mcf  × $  3.05 =     $3,216

────────────────────────────────────────────────────
Month total                                   $3,216

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/198269 is the state's own key, not one this site invented.