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 198849District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Sep 2003 – May 2026
Value, last 12 filed months
$18 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 Gas112004-05-11156796
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
CondensateDisposition4,295 bbl$243,938
GasProduction499,457 Mcf$2,706,927
Total$2,950,865

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 27.3426, -99.1324. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34264, -99.13241 · 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
10,520 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 10,520 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-47938391610,520 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 20260577106.413.05$1,757
Apr 2026032198.932.87$921
Mar 2026030389.753.15$954
Feb 2026031163.503.75$1,166
Jan 2026032459.138.00$2,591
Dec 2025036856.664.41$1,624
Nov 2025039858.593.93$1,563
Oct 2025051559.383.30$1,702
Sep 2025445762.743.08$1,657
Aug 20251319863.933.01$1,428
Jul 2025033566.743.32$1,111
Jun 2025048166.483.13$1,505
May 2025026960.553.23$869
Apr 2025023062.363.54$815
Mar 2025018367.704.27$781
Feb 202506770.884.34$291
Jan 2025050874.324.28$2,174
Dec 202403668.993.12$112
Nov 2024010069.052.20$220
Oct 202406271.372.28$141
Sep 2024312469.612.36$502
Aug 2024042375.632.06$873
Jul 2024040579.932.15$869
Jun 2024041778.082.63$1,098
May 2024061978.812.20$1,361
Apr 2024018384.451.66$304
Mar 2024025080.301.55$386
Feb 2024037476.091.78$667
Jan 2024047673.023.30$1,570
Dec 2023050171.262.61$1,308
Nov 2023057077.892.81$1,600
Oct 2023066085.443.09$2,038
Sep 2023063989.042.74$1,748
Aug 2023052180.522.67$1,393
Jul 2023072274.852.64$1,907
Jun 2023074368.962.26$1,678
May 2023037970.622.23$844
Apr 2023066478.122.24$1,486
Mar 2023066872.852.39$1,599
Feb 2023097975.112.47$2,414
Jan 20230076.533.39$0
Dec 202205976.415.73$338
Nov 2022058885.005.65$3,320
Oct 2022063487.185.86$3,718
Sep 2022074084.888.16$6,041
Aug 2022062594.529.13$5,704
Jul 20220573101.587.54$4,322
Jun 20220591115.097.98$4,715
May 20220603109.378.43$5,085
Apr 20220618104.226.84$4,226
Mar 20220658108.885.08$3,340
Feb 2022034491.054.86$1,671
Jan 2022161881.844.54$2,886
Dec 2021462271.323.90$2,711
Nov 2021061277.435.24$3,205
Oct 2021067679.795.71$3,863
Sep 2021059469.865.35$3,178
Aug 2021057166.024.22$2,410
Jul 2021057070.783.98$2,270
Jun 20212555769.493.38$3,620
May 2021059663.483.02$1,799
Apr 2021259660.362.76$1,765
Mar 2021064961.302.72$1,763
Feb 2021059357.805.55$3,290
Jan 2021466450.412.81$2,068
Dec 2020367644.642.68$1,943
Nov 2020766338.772.71$2,066
Oct 2020168236.972.48$1,727
Sep 2020466337.091.99$1,468
Aug 2020567839.982.39$1,817
Jul 2020069238.371.83$1,263
Jun 2020081534.901.69$1,378
May 2020080516.921.81$1,461
Apr 2020070414.751.80$1,270
Mar 2020064730.341.86$1,201
Feb 20202773449.881.98$2,801
Jan 20201186857.252.09$2,448
Dec 20192791059.012.30$3,690
Nov 20191044855.302.75$1,785
Oct 20192733953.472.42$2,264
Sep 2019462355.052.66$1,876
Aug 20191076853.112.30$2,301
Jul 20191551756.272.46$2,116
Jun 2019882652.782.49$2,480
May 2019024758.482.74$677
Apr 20192745062.632.75$2,929
Mar 20191061356.803.06$2,445
Feb 2019069650.852.79$1,943
Jan 2019080346.033.23$2,592
Dec 2018081246.594.19$3,399
Nov 2018079652.934.24$3,373
Oct 2018080361.443.40$2,729
Sep 2018081259.543.11$2,524
Aug 2018083659.403.07$2,564
Jul 2018083365.142.93$2,442
Jun 2018081860.183.08$2,517
May 2018290365.382.90$2,750
Apr 2018081063.842.90$2,350
Mar 2018071461.222.79$1,990
Feb 20181175661.782.77$2,771
Jan 2018091262.874.01$3,657
Dec 2017092757.272.92$2,708
Nov 2017074855.423.12$2,333
Oct 2017091149.292.98$2,718
Sep 2017084747.523.09$2,615
Aug 201701,00045.373.00$3,004
Jul 201701,00743.873.09$3,109
Jun 2017095242.493.09$2,939
May 201701,08045.373.26$3,524
Apr 2017091747.933.21$2,945
Mar 201701,00146.772.98$2,987
Feb 201709,10150.452.95$26,872
Jan 201707,42049.413.42$25,368
Dec 2016099248.763.72$3,693
Nov 2016082842.492.64$2,190
Oct 201601,12146.193.09$3,464
Sep 201601,05341.553.10$3,265
Aug 201601,00741.442.92$2,945
Jul 201601,01441.622.92$2,965
Jun 201611,04945.352.69$2,863
May 201601,02842.521.99$2,047
Apr 201621,01736.561.99$2,098
Mar 201651,06533.011.79$2,076
Feb 2016772626.472.06$1,683
Jan 20163494927.352.36$3,174
Dec 201571,02332.362.00$2,274
Nov 2015099638.792.17$2,159
Oct 2015411,10743.552.43$4,472
Sep 201501,14842.992.76$3,167
Aug 201501,05340.162.87$3,025
Jul 2015421,17548.152.95$5,483
Jun 201501,17056.152.88$3,373
May 2015085355.212.96$2,521
Apr 201501,01549.822.71$2,747
Mar 2015231,14642.892.93$4,350
Feb 201501,14344.662.98$3,402
Jan 2015096443.433.10$2,989
Dec 2014087854.693.59$3,153
Nov 201401,21570.464.25$5,166
Oct 201401,50578.303.90$5,871
Sep 201402,07186.164.05$8,378
Aug 2014321,31489.394.04$8,163
Jul 201401,43896.564.18$6,010
Jun 201401,15798.164.74$5,481
May 201401,33794.734.73$6,319
Apr 2014271,25895.944.81$8,640
Mar 201401,40095.895.06$7,080
Feb 2014044697.406.19$2,762
Jan 2014231,15490.404.86$7,688
Dec 2013099591.824.35$4,333
Nov 201381,01288.853.74$4,494
Oct 2013075797.423.78$2,861
Sep 201381,260104.113.72$5,517
Aug 201301,300104.253.52$4,579
Jul 201301,326102.523.72$4,930
Jun 201301,31394.403.93$5,165
May 2013271,37294.834.15$8,253
Apr 201301,20593.964.28$5,161
Mar 201301,29093.623.91$5,048
Feb 2013211,27291.233.42$6,266
Jan 201301,44991.603.42$4,955
Dec 2012171,34286.773.42$6,065
Nov 201201,44686.953.62$5,242
Oct 201201,61389.383.40$5,484
Sep 201271,67294.672.92$5,542
Aug 201201,65792.662.91$4,819
Jul 2012391,48585.133.02$7,806
Jun 201201,79279.822.52$4,514
May 20122274291.612.49$3,862
Apr 201201,521101.652.00$3,037
Mar 2012251,504105.052.22$5,968
Feb 2012261,645101.102.57$6,857
Jan 201201,27198.092.73$3,475
Dec 2011351,62696.873.24$8,658
Nov 2011431,49595.723.31$9,066
Oct 201101,83084.983.65$6,677
Sep 2011491,54683.623.99$10,259
Aug 201101,72283.404.15$7,145
Jul 201101,75194.144.52$7,910
Jun 2011691,61192.904.64$13,885
May 201101,76898.134.40$7,788
Apr 2011611,712105.964.33$13,882
Mar 201101,81296.364.06$7,352
Feb 2011431,82985.644.18$11,328
Jan 201101,54586.504.59$7,090
Dec 201001,77185.734.35$7,700
Nov 201001,76580.843.80$6,699
Oct 201001,99078.103.51$6,983
Sep 201001,67072.633.98$6,646
Aug 201001,74773.684.42$7,721
Jul 2010391,95972.554.74$12,108
Jun 201001,84770.364.91$9,070
May 2010402,01271.124.24$11,366
Apr 2010441,95081.694.12$11,634
Mar 2010422,03478.394.39$12,219
Feb 2010331,77173.585.44$12,067
Jan 201002,03174.365.96$12,113
Dec 2009077871.445.48$4,266
Nov 200901,93174.593.75$7,244
Oct 200902,02272.544.11$8,311
Sep 200901,99365.543.06$6,108
Aug 200902,11667.423.22$6,810
Jul 2009742,23961.133.46$12,281
Jun 20091022,18066.163.90$15,239
May 20091012,18354.743.93$14,099
Apr 2009991,98446.773.59$11,748
Mar 2009991,92542.144.06$11,985
Feb 20091812,05232.814.63$15,446
Jan 2009262,27635.865.37$13,157
Dec 200802,34837.105.98$14,034
Nov 200802,43355.496.86$16,691
Oct 200802,73675.246.92$18,939
Sep 200802,158101.767.88$16,999
Aug 2008142,029114.228.48$18,811
Jul 2008462,915131.0811.39$39,230
Jun 2008322,795131.3313.03$40,629
May 2008492,329123.1711.57$32,992
Apr 2008392,468110.3110.45$30,105
Mar 2008372,340101.909.66$26,384
Feb 2008522,59992.538.77$27,606
Jan 2008192,80790.388.21$24,751
Dec 200742,63588.337.30$19,594
Nov 2007232,84091.677.29$22,817
Oct 200793,44682.856.92$24,599
Sep 2007142,88775.846.24$19,089
Aug 2007125,33269.066.39$34,889
Jul 200707,15270.906.39$45,687
Jun 200707,30562.007.55$55,141
May 200702,14858.747.85$16,854
Apr 200701,83959.617.81$14,354
Mar 200701,32556.927.30$9,675
Feb 200701,38655.108.22$11,387
Jan 200703,61650.306.73$24,324
Dec 200601,34956.656.92$9,333
Nov 200601,79054.207.62$13,635
Oct 200602,12654.906.01$12,785
Sep 200601,11260.085.04$5,601
Aug 200602,08668.717.34$15,311
Jul 200603,42469.376.34$21,718
Jun 200602,09866.286.38$13,393
May 2006081466.016.42$5,230
Apr 200603,04264.397.36$22,391
Mar 200603,04856.707.08$21,589
Feb 2006291,11357.597.75$10,297
Jan 2006593,65660.598.93$36,235
Dec 20051014,31854.9413.42$63,477
Nov 2005973,87354.6910.59$46,314
Oct 2005564,59358.3413.80$66,631
Sep 2005411,75861.4512.08$23,754
Aug 2005482,86661.519.80$31,030
Jul 2005563,84555.697.84$33,277
Jun 2005513,85152.337.38$31,093
May 2005474,04045.226.65$28,996
Apr 2005734,83649.207.36$39,187
Mar 2005444,47450.377.15$34,227
Feb 2005654,05345.226.31$28,522
Jan 2005563,80743.166.32$26,486
Dec 2004624,86339.866.75$35,302
Nov 2004674,90345.286.33$34,072
Oct 2004485,72549.706.52$39,685
Sep 2004916,12643.245.28$36,304
Aug 2004313,53842.375.55$20,952
Jul 200402,30838.286.08$14,042
Jun 200405,86736.106.43$37,743
May 200407,23737.486.49$47,001
Apr 200407,31334.475.86$42,843
Mar 200407,96334.365.53$44,037
Feb 200403,85232.455.51$21,223
Jan 200418,40632.036.30$52,987
Dec 20034313,73230.266.30$87,835
Nov 20032098,50328.804.60$45,092
Oct 200330523,62728.174.76$121,048
Sep 200337621,23126.314.75$110,726

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                  577 Mcf  × $  3.05 =     $1,757

────────────────────────────────────────────────────
Month total                                   $1,757

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/198849 is the state's own key, not one this site invented.