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 218441District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Dec 2005 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
246
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 Gas112006-11-21170400
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
CondensateDisposition1,931 bbl$120,727
GasProduction364,067 Mcf$1,980,410
Total$2,101,137

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 27.4163, -99.1384. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41634, -99.13842 · 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
11,093 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 11,093 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-4793932614811,093 ftDec 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 (246)

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

246 months

May 20261207106.413.05$737
Apr 2026124598.932.87$802
Mar 2026124889.753.15$871
Feb 2026020263.503.75$758
Jan 2026022559.138.00$1,800
Dec 2025021956.664.41$967
Nov 2025124458.593.93$1,017
Oct 2025021659.383.30$714
Sep 2025019262.743.08$591
Aug 2025025063.933.01$754
Jul 2025133766.743.32$1,184
Jun 2025032966.483.13$1,029
May 2025136260.553.23$1,231
Apr 2025129262.363.54$1,097
Mar 2025128567.704.27$1,284
Feb 2025018670.884.34$807
Jan 2025124874.324.28$1,135
Dec 2024124468.993.12$831
Nov 2024025869.052.20$567
Oct 2024126371.372.28$671
Sep 2024130469.612.36$788
Aug 2024130975.632.06$713
Jul 2024134079.932.15$810
Jun 2024136878.082.63$1,047
May 2024045078.812.20$989
Apr 2024143484.451.66$805
Mar 2024041480.301.55$640
Feb 2024140576.091.78$798
Jan 2024152073.023.30$1,788
Dec 2023258071.262.61$1,657
Nov 2023054677.892.81$1,533
Oct 2023457985.443.09$2,129
Sep 2023160989.042.74$1,755
Aug 2023263780.522.67$1,864
Jul 2023368374.852.64$2,029
Jun 2023266268.962.26$1,633
May 2023366270.622.23$1,686
Apr 2023265078.122.24$1,611
Mar 2023366972.852.39$1,820
Feb 2023265075.112.47$1,753
Jan 2023372576.533.39$2,686
Dec 2022473276.415.73$4,499
Nov 2022377885.005.65$4,648
Oct 2022377887.185.86$4,824
Sep 2022054384.888.16$4,433
Aug 2022171794.529.13$6,639
Jul 20222659101.587.54$5,173
Jun 20220341115.097.98$2,720
May 20221435109.378.43$3,778
Apr 20221468104.226.84$3,304
Mar 20221512108.885.08$2,708
Feb 2022049291.054.86$2,391
Jan 2022056281.844.54$2,550
Dec 2021259371.323.90$2,455
Nov 2021062177.435.24$3,252
Oct 2021359379.795.71$3,628
Sep 2021059769.865.35$3,195
Aug 2021169166.024.22$2,982
Jul 2021163270.783.98$2,587
Jun 2021062669.493.38$2,116
May 2021269163.483.02$2,212
Apr 2021259660.362.76$1,765
Mar 2021273061.302.72$2,106
Feb 2021170257.805.55$3,952
Jan 2021174550.412.81$2,144
Dec 2020157144.642.68$1,572
Nov 2020261338.772.71$1,737
Oct 2020152236.972.48$1,331
Sep 2020045137.091.99$898
Aug 2020160539.982.39$1,483
Jul 2020280838.371.83$1,551
Jun 2020275034.901.69$1,338
May 2020067316.921.81$1,221
Apr 2020275314.751.80$1,388
Mar 2020180130.341.86$1,517
Feb 2020073749.881.98$1,460
Jan 2020377257.252.09$1,789
Dec 2019280859.012.30$1,980
Nov 2019375755.302.75$2,248
Oct 2019378953.472.42$2,069
Sep 2019276455.052.66$2,140
Aug 2019360153.112.30$1,544
Jul 2019169556.272.46$1,766
Jun 2019275852.782.49$1,994
May 2019381858.482.74$2,417
Apr 2019385562.632.75$2,540
Mar 2019276756.803.06$2,462
Feb 2019373450.852.79$2,202
Jan 2019389346.033.23$3,021
Dec 2018273046.594.19$3,149
Nov 2018387452.934.24$3,862
Oct 2018389861.443.40$3,236
Sep 2018372659.543.11$2,435
Aug 2018196559.403.07$3,019
Jul 2018397165.142.93$3,042
Jun 2018290760.183.08$2,911
May 2018393465.382.90$2,905
Apr 2018597163.842.90$3,136
Mar 201821,03461.222.79$3,004
Feb 2018483261.782.77$2,549
Jan 2018492262.874.01$3,948
Dec 201741,14057.272.92$3,560
Nov 2017298955.423.12$3,195
Oct 201731,04649.292.98$3,269
Sep 201731,02147.523.09$3,295
Aug 201721,06345.373.00$3,284
Jul 2017288643.873.09$2,823
Jun 2017091142.493.09$2,813
May 2017086145.373.26$2,810
Apr 2017093447.933.21$3,000
Mar 2017097746.772.98$2,915
Feb 2017089550.452.95$2,643
Jan 201701,00549.413.42$3,436
Dec 201601,01248.763.72$3,768
Nov 2016097142.492.64$2,568
Oct 201601,00746.193.09$3,112
Sep 2016099341.553.10$3,079
Aug 201601,16641.442.92$3,410
Jul 201601,08141.622.92$3,161
Jun 2016087145.352.69$2,339
May 2016084142.521.99$1,674
Apr 2016077036.561.99$1,533
Mar 2016099433.011.79$1,783
Feb 2016092926.472.06$1,917
Jan 201601,00427.352.36$2,374
Dec 201501,10732.362.00$2,216
Nov 201501,08838.792.17$2,358
Oct 201501,14043.552.43$2,766
Sep 201501,00142.992.76$2,761
Aug 201501,06740.162.87$3,065
Jul 201501,17248.152.95$3,452
Jun 201501,11756.152.88$3,220
May 201501,12955.212.96$3,337
Apr 201501,06549.822.71$2,883
Mar 201501,11542.892.93$3,272
Feb 2015096644.662.98$2,875
Jan 201501,07143.433.10$3,321
Dec 2014099154.693.59$3,559
Nov 201401,13170.464.25$4,809
Oct 201401,16078.303.90$4,525
Sep 201401,12286.164.05$4,539
Aug 201401,25889.394.04$5,076
Jul 201401,21396.564.18$5,070
Jun 201401,14798.164.74$5,433
May 201401,17194.734.73$5,535
Apr 201401,19695.944.81$5,752
Mar 201401,22095.895.06$6,169
Feb 201401,10197.406.19$6,817
Jan 201401,23990.404.86$6,022
Dec 201301,45191.824.35$6,318
Nov 201301,36488.853.74$5,099
Oct 201301,46997.423.78$5,552
Sep 201301,468104.113.72$5,458
Aug 201301,294104.253.52$4,558
Jul 201301,513102.523.72$5,625
Jun 201301,49294.403.93$5,869
May 201301,45594.834.15$6,037
Apr 201301,43893.964.28$6,158
Mar 201301,45993.623.91$5,709
Feb 201301,35491.233.42$4,631
Jan 201301,49691.603.42$5,116
Dec 201201,52586.773.42$5,216
Nov 201201,47586.953.62$5,347
Oct 201201,62789.383.40$5,531
Sep 201201,53894.672.92$4,489
Aug 201201,57392.662.91$4,575
Jul 201201,59085.133.02$4,803
Jun 201201,57579.822.52$3,967
May 201201,61091.612.49$4,006
Apr 201201,571101.652.00$3,137
Mar 201201,625105.052.22$3,611
Feb 201201,519101.102.57$3,904
Jan 201201,60998.092.73$4,399
Dec 201101,65896.873.24$5,371
Nov 201101,61195.723.31$5,334
Oct 201101,58984.983.65$5,798
Sep 201101,56583.623.99$6,238
Aug 201101,48283.404.15$6,149
Jul 201101,44494.144.52$6,523
Jun 201111,76392.904.64$8,273
May 201141,55098.134.40$7,220
Apr 201151,358105.964.33$6,414
Mar 201181,66496.364.06$7,522
Feb 201151,37385.644.18$6,167
Jan 201151,80686.504.59$8,720
Dec 2010131,21185.734.35$6,380
Nov 2010171,70580.843.80$7,845
Oct 2010141,86578.103.51$7,637
Sep 2010141,78272.633.98$8,108
Aug 2010151,82273.684.42$9,157
Jul 2010121,89272.554.74$9,832
Jun 2010111,72770.364.91$9,254
May 201051,73271.124.24$7,691
Apr 2010111,68081.694.12$7,825
Mar 2010132,11578.394.39$10,301
Feb 2010152,40273.585.44$14,176
Jan 2010112,85274.365.96$17,828
Dec 2009112,24371.445.48$13,086
Nov 200901,96574.593.75$7,372
Oct 200901,99672.544.11$8,204
Sep 200902,42465.543.06$7,429
Aug 200902,77567.423.22$8,931
Jul 200901,98161.133.46$6,863
Jun 200902,09766.163.90$8,168
May 200902,23854.743.93$8,786
Apr 200902,19046.773.59$7,857
Mar 200902,27042.144.06$9,214
Feb 200902,08932.814.63$9,678
Jan 200902,27135.865.37$12,198
Dec 200812,22137.105.98$13,312
Nov 2008122,10255.496.86$15,086
Oct 2008122,33575.246.92$17,066
Sep 2008152,335101.767.88$19,919
Aug 2008122,392114.228.48$21,662
Jul 200872,428131.0811.39$28,571
Jun 200822,255131.3313.03$29,651
May 200801,921123.1711.57$22,234
Apr 200801,955110.3110.45$20,439
Mar 200802,676101.909.66$25,861
Feb 200802,52692.538.77$22,154
Jan 200802,70890.388.21$22,221
Dec 200702,74788.337.30$20,059
Nov 200702,81691.677.29$20,533
Oct 200702,79082.856.92$19,312
Sep 200702,74075.846.24$17,109
Aug 200703,04569.066.39$19,451
Jul 200703,06470.906.39$19,573
Jun 200712,99262.007.55$22,647
May 2007113,27658.747.85$26,351
Apr 2007133,24659.617.81$26,111
Mar 2007153,41656.927.30$25,797
Feb 2007163,33655.108.22$28,290
Jan 2007233,73750.306.73$26,295
Dec 2006274,15756.656.92$30,290
Nov 200604,20954.207.62$32,062
Oct 200604,78254.906.01$28,758
Sep 200604,86460.085.04$24,501
Aug 200605,18768.717.34$38,072
Jul 200605,34869.376.34$33,921
Jun 2006125,68166.286.38$37,062
May 20061606,26066.016.42$50,782
Apr 20061816,76264.397.36$61,426
Mar 20062498,08256.707.08$71,362
Feb 20062257,75357.597.75$73,052
Jan 20062598,84360.598.93$94,690
Dec 200531613,30854.9413.42$195,893

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             1 bbl  × $106.41 =       $106
Gas                  207 Mcf  × $  3.05 =       $630

────────────────────────────────────────────────────
Month total                                     $737

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/218441 is the state's own key, not one this site invented.