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 198418District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Sep 2003 – May 2026
Value, last 12 filed months
$27 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 Gas112004-06-18156211
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
CondensateDisposition3,421 bbl$212,252
GasProduction233,806 Mcf$1,190,012
Total$1,402,263

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 27.3579, -99.1123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35786, -99.11234 · 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
10,645 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 10,645 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-47938470710,645 ftSep 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 (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 20260998106.413.05$3,040
Apr 2026060398.932.87$1,730
Mar 2026286989.753.15$2,916
Feb 2026060163.503.75$2,254
Jan 2026075159.138.00$6,006
Dec 2025055856.664.41$2,463
Nov 2025026558.593.93$1,041
Oct 2025226159.383.30$981
Sep 2025440962.743.08$1,509
Aug 20251054463.933.01$2,279
Jul 2025143266.743.32$1,499
Jun 2025033766.483.13$1,054
May 2025026560.553.23$857
Apr 2025031462.363.54$1,113
Mar 2025352567.704.27$2,444
Feb 2025040970.884.34$1,775
Jan 2025027174.324.28$1,160
Dec 2024033068.993.12$1,030
Nov 2024368969.052.20$1,722
Oct 2024257271.372.28$1,448
Sep 2024240569.612.36$1,097
Aug 20242948475.632.06$3,192
Jul 20241161579.932.15$2,199
Jun 20241937578.082.63$2,471
May 2024044578.812.20$978
Apr 20241040684.451.66$1,518
Mar 2024853580.301.55$1,469
Feb 2024048976.091.78$872
Jan 20241054273.023.30$2,518
Dec 2023061871.262.61$1,613
Nov 20231515177.892.81$1,592
Oct 20233317785.443.09$3,366
Sep 20231325289.042.74$1,847
Aug 20236637780.522.67$6,322
Jul 20231332174.852.64$1,821
Jun 2023032968.962.26$743
May 20233557570.622.23$3,752
Apr 2023934078.122.24$1,464
Mar 2023429672.852.39$1,000
Feb 2023046175.112.47$1,137
Jan 20231049776.533.39$2,449
Dec 2022037876.415.73$2,166
Nov 2022431785.005.65$2,130
Oct 2022031387.185.86$1,835
Sep 2022047984.888.16$3,910
Aug 2022043494.529.13$3,961
Jul 20220474101.587.54$3,575
Jun 20220585115.097.98$4,667
May 20220408109.378.43$3,441
Apr 20220422104.226.84$2,885
Mar 20220494108.885.08$2,508
Feb 2022024891.054.86$1,205
Jan 2022030481.844.54$1,379
Dec 2021134571.323.90$1,417
Nov 2021041677.435.24$2,179
Oct 2021031279.795.71$1,783
Sep 2021031569.865.35$1,686
Aug 2021035166.024.22$1,481
Jul 202109570.783.98$378
Jun 202143269.493.38$386
May 202105163.483.02$154
Apr 20211960.362.76$85
Mar 2021039861.302.72$1,081
Feb 2021046357.805.55$2,569
Jan 202116350.412.81$227
Dec 2020313544.642.68$495
Nov 20201061538.772.71$2,052
Oct 2020268536.972.48$1,772
Sep 2020467237.091.99$1,486
Aug 2020772139.982.39$2,000
Jul 2020060238.371.83$1,099
Jun 2020046934.901.69$793
May 2020059216.921.81$1,074
Apr 2020070714.751.80$1,276
Mar 2020096330.341.86$1,788
Feb 20204064549.881.98$3,273
Jan 20201275657.252.09$2,271
Dec 20193648159.012.30$3,233
Nov 20192661855.302.75$3,138
Oct 20191072453.472.42$2,286
Sep 2019345155.052.66$1,364
Aug 2019025953.112.30$597
Jul 2019030756.272.46$755
Jun 2019036752.782.49$914
May 2019068558.482.74$1,877
Apr 2019036562.632.75$1,004
Mar 2019260556.803.06$1,966
Feb 2019326050.852.79$879
Jan 2019158246.033.23$1,925
Dec 2018063846.594.19$2,670
Nov 2018054952.934.24$2,326
Oct 2018061161.443.40$2,076
Sep 2018029959.543.11$929
Aug 2018033659.403.07$1,030
Jul 2018036965.142.93$1,082
Jun 2018046360.183.08$1,425
May 2018339165.382.90$1,330
Apr 2018035763.842.90$1,036
Mar 2018055961.222.79$1,558
Feb 2018870061.782.77$2,431
Jan 2018084262.874.01$3,376
Dec 2017076857.272.92$2,244
Nov 2017015755.423.12$490
Oct 2017032749.292.98$976
Sep 2017029647.523.09$914
Aug 2017046245.373.00$1,388
Jul 2017031543.873.09$972
Jun 2017039942.493.09$1,232
May 2017082845.373.26$2,702
Apr 2017081047.933.21$2,601
Mar 2017057146.772.98$1,704
Feb 2017032350.452.95$954
Jan 20171132049.413.42$1,638
Dec 2016050048.763.72$1,861
Nov 2016040442.492.64$1,068
Oct 20161047046.193.09$1,914
Sep 2016045941.553.10$1,423
Aug 2016237541.442.92$1,180
Jul 2016048341.622.92$1,412
Jun 20161045445.352.69$1,673
May 2016036242.521.99$721
Apr 20161241536.561.99$1,265
Mar 20161050633.011.79$1,238
Feb 20161164226.472.06$1,616
Jan 20163368527.352.36$2,522
Dec 2015873132.362.00$1,722
Nov 2015081338.792.17$1,762
Oct 20153397843.552.43$3,810
Sep 2015036542.992.76$1,007
Aug 2015073240.162.87$2,103
Jul 20154874848.152.95$4,514
Jun 2015038756.152.88$1,116
May 2015045855.212.96$1,354
Apr 2015080649.822.71$2,182
Mar 20153886642.892.93$4,171
Feb 2015071644.662.98$2,131
Jan 2015058643.433.10$1,817
Dec 2014064554.693.59$2,316
Nov 2014084170.464.25$3,576
Oct 201401,15778.303.90$4,513
Sep 2014069686.164.05$2,816
Aug 20143770789.394.04$6,160
Jul 2014063096.564.18$2,633
Jun 2014053098.164.74$2,511
May 2014062694.734.73$2,959
Apr 20144142595.944.81$5,977
Mar 2014073195.895.06$3,697
Feb 2014046597.406.19$2,879
Jan 20143332990.404.86$4,582
Dec 2013086891.824.35$3,780
Nov 2013878388.853.74$3,638
Oct 2013044697.423.78$1,686
Sep 20137713104.113.72$3,380
Aug 20130441104.253.52$1,553
Jul 20130585102.523.72$2,175
Jun 2013046094.403.93$1,809
May 20133753394.834.15$5,720
Apr 2013061293.964.28$2,621
Mar 2013073493.623.91$2,872
Feb 20133469291.233.42$5,468
Jan 2013068991.603.42$2,356
Dec 2012431,00486.773.42$7,165
Nov 2012091086.953.62$3,299
Oct 2012093889.383.40$3,189
Sep 2012493094.672.92$3,093
Aug 2012078892.662.91$2,292
Jul 20124259085.133.02$5,358
Jun 2012079779.822.52$2,008
May 20129496891.612.49$11,020
Apr 20120887101.652.00$1,771
Mar 201293986105.052.22$11,961
Feb 201272957101.102.57$9,739
Jan 201201,01998.092.73$2,786
Dec 2011351,23096.873.24$7,375
Nov 2011341,06895.723.31$6,791
Oct 201101,13184.983.65$4,127
Sep 20113378683.623.99$5,892
Aug 2011077983.404.15$3,232
Jul 2011077394.144.52$3,492
Jun 20112476492.904.64$5,774
May 2011042598.134.40$1,872
Apr 201149765105.964.33$8,507
Mar 201101,06496.364.06$4,317
Feb 2011431,44085.644.18$9,702
Jan 201101,01086.504.59$4,635
Dec 201001,21485.734.35$5,278
Nov 201001,15080.843.80$4,365
Oct 201001,03078.103.51$3,614
Sep 2010025672.633.98$1,019
Aug 2010057473.684.42$2,537
Jul 20102735672.554.74$3,645
Jun 2010082270.364.91$4,036
May 2010371,15771.124.24$7,532
Apr 20102783781.694.12$5,656
Mar 20101441678.394.39$2,923
Feb 20101146873.585.44$3,356
Jan 2010076174.365.96$4,539
Dec 2009092771.445.48$5,083
Nov 2009065274.593.75$2,446
Oct 2009094772.544.11$3,892
Sep 200901,07665.543.06$3,298
Aug 200901,15467.423.22$3,714
Jul 200901,19661.133.46$4,144
Jun 200901,13966.163.90$4,436
May 200901,20954.743.93$4,746
Apr 2009099946.773.59$3,584
Mar 200901,20242.144.06$4,879
Feb 200901,22732.814.63$5,685
Jan 200901,02235.865.37$5,489
Dec 200801,02237.105.98$6,109
Nov 200801,36555.496.86$9,364
Oct 200801,18075.246.92$8,168
Sep 20080666101.767.88$5,246
Aug 200810746114.228.48$7,471
Jul 2008321,339131.0811.39$19,445
Jun 2008231,318131.3313.03$20,198
May 2008421,327123.1711.57$20,532
Apr 2008351,361110.3110.45$18,090
Mar 2008351,517101.909.66$18,227
Feb 2008411,36792.538.77$15,783
Jan 2008221,20590.388.21$11,876
Dec 200771,55088.337.30$11,936
Nov 2007371,89991.677.29$17,239
Oct 200792,22382.856.92$16,133
Sep 2007111,19675.846.24$8,302
Aug 200791,50669.066.39$10,242
Jul 200701,95370.906.39$12,476
Jun 200702,14862.007.55$16,214
May 20070158.747.85$8
Apr 2007058959.617.81$4,597
Mar 200701,00656.927.30$7,346
Feb 200702,28055.108.22$18,732
Jan 2007064350.306.73$4,325
Dec 2006036356.656.92$2,511
Nov 2006078454.207.62$5,972
Oct 2006089854.906.01$5,400
Sep 2006081960.085.04$4,125
Aug 2006076768.717.34$5,630
Jul 2006087869.376.34$5,569
Jun 2006296266.286.38$6,274
May 20062557766.016.42$5,357
Apr 20061989564.397.36$7,811
Mar 2006471,37456.707.08$12,397
Feb 2006241,73757.597.75$14,846
Jan 200602,42060.598.93$21,619
Dec 200501,11954.9413.42$15,012
Nov 200502,14854.6910.59$22,744
Oct 200501,10858.3413.80$15,286
Sep 2005062861.4512.08$7,586
Aug 200501,02361.519.80$10,022
Jul 200541,31555.697.84$10,537
Jun 2005885352.337.38$6,715
May 2005786345.226.65$6,056
Apr 2005111,15649.207.36$9,050
Mar 2005893750.377.15$7,107
Feb 2005262,53145.226.31$17,151
Jan 20051845643.166.32$3,660
Dec 20043198239.866.75$7,865
Nov 20043999445.286.33$8,058
Oct 2004421,94549.706.52$14,759
Sep 20041092,98843.245.28$20,501
Aug 2004541,89842.375.55$12,823
Jul 20041585138.286.08$5,752
Jun 2004561,64736.106.43$12,617
May 2004473,02337.486.49$21,395
Apr 2004411,41734.475.86$9,715
Mar 2004261,21534.365.53$7,612
Feb 2004511,23132.455.51$8,437
Jan 20043123,45132.036.30$31,733
Dec 2003284,12030.266.30$26,810
Nov 20031795,15828.804.60$28,857
Oct 200327914,08328.174.76$74,889
Sep 200306,35126.314.75$30,163

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                  998 Mcf  × $  3.05 =     $3,040

────────────────────────────────────────────────────
Month total                                   $3,040

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/198418 is the state's own key, not one this site invented.