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 202117District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$34.5 M
Mar 2004 – May 2026
Value, last 12 filed months
$375 k
at the published price for each month
Months reported
267
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 Gas112004-08-04158318
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
CondensateDisposition11,702 bbl$686,599
GasProduction5,924,378 Mcf$33,797,720
Total$34,484,319

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 27.4007, -99.1469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40069, -99.14686 · 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
10,238 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 10,238 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-4793858914410,238 ftMar 2004

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 (267)

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

267 months

May 2026227,426106.413.05$24,959
Apr 2026359,19398.932.87$29,844
Mar 2026238,69689.753.15$29,452
Feb 2026168,37163.503.75$32,410
Jan 20261110,22259.138.00$82,405
Dec 202567,00656.664.41$31,260
Nov 2025206,66158.593.93$27,326
Oct 2025105,99859.383.30$20,416
Sep 2025125,81862.743.08$18,654
Aug 2025127,62063.933.01$23,740
Jul 2025318,41366.743.32$29,960
Jun 202507,91566.483.13$24,764
May 2025257,69260.553.23$26,377
Apr 2025147,30762.363.54$26,763
Mar 2025175,51767.704.27$24,699
Feb 2025156,48470.884.34$29,209
Jan 2025329,26374.324.28$42,012
Dec 2024359,35168.993.12$31,603
Nov 2024169,69169.052.20$22,410
Oct 2024319,27971.372.28$23,382
Sep 2024178,43369.612.36$21,122
Aug 20242510,16675.632.06$22,870
Jul 20242610,85279.932.15$25,373
Jun 20241910,84878.082.63$30,057
May 2024146,93878.812.20$16,356
Apr 2024226,72584.451.66$13,016
Mar 2024237,99280.301.55$14,196
Feb 2024326,91976.091.78$14,776
Jan 2024179,84373.023.30$33,700
Dec 20233510,18671.262.61$29,087
Nov 2023810,25977.892.81$29,426
Oct 20233310,88485.443.09$36,421
Sep 2023157,63589.042.74$22,218
Aug 20231710,67580.522.67$29,902
Jul 20232510,50674.852.64$29,626
Jun 2023169,32668.962.26$22,166
May 20234310,36670.622.23$26,126
Apr 20233510,67578.122.24$26,622
Mar 20234511,98272.852.39$31,953
Feb 20232511,93375.112.47$31,301
Jan 2023247,87776.533.39$28,522
Dec 2022286,12676.415.73$37,236
Nov 2022246,83985.005.65$40,654
Oct 2022326,76287.185.86$42,441
Sep 202277,68684.888.16$63,340
Aug 20222410,70094.529.13$99,929
Jul 20224110,998101.587.54$87,113
Jun 20222611,160115.097.98$92,018
May 20222611,240109.378.43$97,631
Apr 20223611,025104.226.84$79,136
Mar 20223612,801108.885.08$68,903
Feb 20222711,08291.054.86$56,304
Jan 20222714,48581.844.54$67,938
Dec 2021319,21471.323.90$38,137
Nov 2021156,72777.435.24$36,390
Oct 2021387,41779.795.71$45,412
Sep 2021218,84269.865.35$48,780
Aug 20213412,30166.024.22$54,162
Jul 20213412,82470.783.98$53,473
Jun 20211712,16569.493.38$42,307
May 20214313,31363.483.02$42,904
Apr 20214412,49160.362.76$37,111
Mar 20215914,84761.302.72$43,955
Feb 20214113,36257.805.55$76,502
Jan 20214216,04850.412.81$47,216
Dec 20203617,36544.642.68$48,066
Nov 20206719,25838.772.71$54,721
Oct 20207022,93236.972.48$59,423
Sep 20204629,67037.091.99$60,780
Aug 20202227,38339.982.39$66,191
Jul 2020278,18138.371.83$15,967
Jun 2020206,88634.901.69$12,337
May 202006,99416.921.81$12,692
Apr 2020237,05014.751.80$13,060
Mar 2020157,25230.341.86$13,916
Feb 2020156,71949.881.98$14,056
Jan 2020237,44557.252.09$16,912
Dec 2019237,30959.012.30$18,200
Nov 2019226,86655.302.75$20,103
Oct 2019227,09253.472.42$18,329
Sep 2019256,97255.052.66$19,903
Aug 2019287,25953.112.30$18,214
Jul 2019197,43956.272.46$19,370
Jun 2019207,41952.782.49$19,538
May 2019307,85058.482.74$23,266
Apr 2019308,02462.632.75$23,951
Mar 2019227,23556.803.06$23,404
Feb 2019296,62350.852.79$19,968
Jan 2019327,83846.033.23$26,775
Dec 2018278,37646.594.19$36,315
Nov 2018268,40852.934.24$37,003
Oct 2018258,34461.443.40$29,890
Sep 2018258,15359.543.11$26,828
Aug 2018158,27359.403.07$26,261
Jul 2018238,40265.142.93$26,132
Jun 2018197,75160.183.08$24,993
May 2018288,25365.382.90$25,771
Apr 2018388,02763.842.90$25,711
Mar 2018188,54561.222.79$24,916
Feb 2018358,03261.782.77$24,380
Jan 2018308,99262.874.01$37,938
Dec 2017368,41257.272.92$26,638
Nov 2017148,28955.423.12$26,624
Oct 2017268,71049.292.98$27,269
Sep 2017228,36747.523.09$26,877
Aug 2017148,99145.373.00$27,648
Jul 2017189,13143.873.09$28,980
Jun 201708,64642.493.09$26,693
May 201709,30845.373.26$30,376
Apr 201709,42347.933.21$30,263
Mar 201709,43846.772.98$28,160
Feb 201708,21450.452.95$24,253
Jan 201708,49749.413.42$29,050
Dec 201608,38448.763.72$31,212
Nov 201608,37042.492.64$22,133
Oct 201608,84146.193.09$27,321
Sep 201608,84441.553.10$27,422
Aug 201609,06741.442.92$26,515
Jul 201609,39341.622.92$27,468
Jun 201609,58945.352.69$25,754
May 201609,65042.521.99$19,214
Apr 201609,35536.561.99$18,626
Mar 201609,96233.011.79$17,872
Feb 201609,30626.472.06$19,204
Jan 201609,71927.352.36$22,979
Dec 2015010,36632.362.00$20,747
Nov 2015010,20938.792.17$22,126
Oct 2015010,78543.552.43$26,171
Sep 2015010,63742.992.76$29,341
Aug 201510911,56740.162.87$37,604
Jul 201517110,35348.152.95$38,724
Jun 201513810,28456.152.88$37,396
May 201518210,92255.212.96$42,328
Apr 201511510,53049.822.71$34,229
Mar 201513510,79242.892.93$37,462
Feb 201510310,18244.662.98$34,904
Jan 2015011,38843.433.10$35,310
Dec 2014011,25754.693.59$40,428
Nov 2014010,41870.464.25$44,296
Oct 2014011,58678.303.90$45,197
Sep 2014010,98286.164.05$44,427
Aug 2014012,19489.394.04$49,204
Jul 2014012,16096.564.18$50,824
Jun 2014013,16098.164.74$62,337
May 2014013,66594.734.73$64,588
Apr 2014013,18495.944.81$63,403
Mar 2014016,91195.895.06$85,516
Feb 2014010,55197.406.19$65,332
Jan 2014214,57190.404.86$71,006
Dec 20131017,69591.824.35$77,971
Nov 2013813,60188.853.74$51,555
Oct 2013813,50497.423.78$51,816
Sep 2013812,793104.113.72$48,394
Aug 2013713,515104.253.52$48,338
Jul 2013913,291102.523.72$50,335
Jun 2013813,44494.403.93$53,636
May 20131513,69394.834.15$58,236
Apr 20131513,56093.964.28$59,481
Mar 20131514,56193.623.91$58,380
Feb 20131813,41291.233.42$47,510
Jan 20131314,77291.603.42$51,710
Dec 2012015,01886.773.42$51,364
Nov 2012014,60286.953.62$52,932
Oct 2012016,23989.383.40$55,207
Sep 2012015,99894.672.92$46,689
Aug 2012016,60192.662.91$48,278
Jul 2012016,13285.133.02$48,732
Jun 2012015,88579.822.52$40,015
May 2012016,42891.612.49$40,878
Apr 2012015,934101.652.00$31,817
Mar 2012016,107105.052.22$35,791
Feb 2012014,977101.102.57$38,494
Jan 2012015,46998.092.73$42,293
Dec 20114717,23296.873.24$60,380
Nov 201118716,07295.723.31$71,119
Oct 201117616,59084.983.65$75,486
Sep 201111919,12983.623.99$86,195
Aug 201115521,21783.404.15$100,963
Jul 201113921,49994.144.52$110,202
Jun 20115120,19392.904.64$98,431
May 20113921,33298.134.40$97,791
Apr 20115521,676105.964.33$99,756
Mar 20116822,36496.364.06$97,291
Feb 20114419,60285.644.18$85,704
Jan 20113420,56586.504.59$97,309
Dec 20104921,65385.734.35$98,343
Nov 20104822,08580.843.80$87,700
Oct 20103923,14178.103.51$84,245
Sep 20104122,74872.633.98$93,503
Aug 20102423,69873.684.42$106,498
Jul 2010023,79472.554.74$112,700
Jun 2010021,61270.364.91$106,124
May 2010022,38371.124.24$94,797
Apr 2010020,33581.694.12$83,835
Mar 2010024,78378.394.39$108,764
Feb 2010022,86373.585.44$124,429
Jan 2010025,03074.365.96$149,281
Dec 2009026,20771.445.48$143,713
Nov 2009024,79274.593.75$93,007
Oct 2009026,19372.544.11$107,660
Sep 2009024,44265.543.06$74,909
Aug 2009026,14767.423.22$84,154
Jul 2009429,35061.133.46$101,928
Jun 20092124,60566.163.90$97,226
May 20093127,64054.743.93$110,205
Apr 20093627,17146.773.59$99,160
Mar 20093229,19542.144.06$119,851
Feb 20091826,96332.814.63$125,510
Jan 20093130,24735.865.37$163,568
Dec 20083031,10837.105.98$187,050
Nov 20081829,58455.496.86$203,956
Oct 20081630,08175.246.92$209,424
Sep 20082129,050101.767.88$230,966
Aug 20081630,594114.228.48$261,357
Jul 20081031,520131.0811.39$360,306
Jun 2008631,120131.3313.03$406,363
May 20081832,045123.1711.57$373,115
Apr 20081632,172110.3110.45$338,119
Mar 20081933,954101.909.66$330,070
Feb 20082332,90592.538.77$290,724
Jan 20082937,10290.388.21$307,070
Dec 20072535,76888.337.30$263,385
Nov 2007033,61091.677.29$245,074
Oct 2007036,28182.856.92$251,136
Sep 2007034,72075.846.24$216,797
Aug 2007037,68469.066.39$240,723
Jul 2007239,25670.906.39$250,907
Jun 20074137,03662.007.55$282,106
May 20073739,50358.747.85$312,125
Apr 20074338,95559.617.81$306,615
Mar 20075141,84656.927.30$308,461
Feb 20075639,10355.108.22$324,356
Jan 200711647,88250.306.73$327,930
Dec 200611942,91456.656.92$303,639
Nov 200615839,97954.207.62$313,103
Oct 200615343,32854.906.01$268,966
Sep 200614643,30760.085.04$226,918
Aug 200615844,90368.717.34$340,441
Jul 200617745,18869.376.34$298,895
Jun 200619944,21766.286.38$295,466
May 20064244,31366.016.42$287,483
Apr 20064444,96764.397.36$333,812
Mar 20065548,52256.707.08$346,796
Feb 20064845,02557.597.75$351,759
Jan 20066251,12560.598.93$460,473
Dec 200526856,30654.9413.42$770,091
Nov 200518155,02854.6910.59$592,557
Oct 200516661,47858.3413.80$857,820
Sep 200510346,71061.4512.08$570,539
Aug 200517661,19761.519.80$610,363
Jul 200518963,82855.697.84$511,169
Jun 200515360,39452.337.38$453,777
May 200519765,59845.226.65$445,211
Apr 200522067,81549.207.36$509,975
Mar 20054375,91150.377.15$545,300
Feb 200526569,57345.226.31$451,123
Jan 200513978,58143.166.32$502,804
Dec 20042481,38939.866.75$550,420
Nov 20042276,75145.286.33$486,862
Oct 20042187,11149.706.52$568,581
Sep 20042495,72943.245.28$506,860
Aug 200429119,02742.375.55$661,907
Jul 200440145,09538.286.08$884,315
Jun 200484166,55136.106.43$1,074,458
May 20041,023161,90937.486.49$1,089,873
Apr 20041,025147,23934.475.86$897,926
Mar 20042240,13734.365.53$222,719

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            22 bbl  × $106.41 =     $2,341
Gas                7,426 Mcf  × $  3.05 =    $22,618

────────────────────────────────────────────────────
Month total                                  $24,959

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/202117 is the state's own key, not one this site invented.