B.M.T. C

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 218668District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$590 k
Jan 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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 Gas112010-03-18195755
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
CondensateDisposition199 bbl$14,910
GasProduction91,239 Mcf$574,682
Total$589,591

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 27.4375, -99.0802. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43753, -99.08016 · 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
9,658 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 9,658 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-4793921189,658 ftOct 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 (245)

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

245 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202101150.412.81$31
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200536.972.48$12
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200438.371.83$7
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001414.751.80$25
Mar 202003530.341.86$65
Feb 20200049.881.98$0
Jan 20200157.252.09$2
Dec 20190259.012.30$5
Nov 20190455.302.75$11
Oct 20190653.472.42$15
Sep 20190655.052.66$16
Aug 20190953.112.30$21
Jul 201901756.272.46$42
Jun 201902352.782.49$57
May 201901558.482.74$41
Apr 201903062.632.75$83
Mar 201903756.803.06$113
Feb 201902750.852.79$75
Jan 201901946.033.23$61
Dec 201802446.594.19$100
Nov 201801952.934.24$81
Oct 201801061.443.40$34
Sep 20180759.543.11$22
Aug 20180759.403.07$21
Jul 201802865.142.93$82
Jun 201802860.183.08$86
May 201801265.382.90$35
Apr 20180563.842.90$15
Mar 201802761.222.79$75
Feb 201802861.782.77$77
Jan 201802462.874.01$96
Dec 201705057.272.92$146
Nov 201703955.423.12$122
Oct 201703649.292.98$107
Sep 201707147.523.09$219
Aug 201707645.373.00$228
Jul 201708243.873.09$253
Jun 201707142.493.09$219
May 201707045.373.26$228
Apr 201706547.933.21$209
Mar 201706846.772.98$203
Feb 201707350.452.95$216
Jan 201703049.413.42$103
Dec 201603548.763.72$130
Nov 201605542.492.64$145
Oct 201605546.193.09$170
Sep 201605641.553.10$174
Aug 201606341.442.92$184
Jul 201606241.622.92$181
Jun 201606245.352.69$167
May 201607042.521.99$139
Apr 201607636.561.99$151
Mar 201604633.011.79$83
Feb 201603526.472.06$72
Jan 2016403027.352.36$1,165
Dec 2015014532.362.00$290
Nov 2015013338.792.17$288
Oct 2015014743.552.43$357
Sep 201505842.992.76$160
Aug 20150040.162.87$0
Jul 20150248.152.95$6
Jun 20150156.152.88$3
May 201501155.212.96$33
Apr 201502349.822.71$62
Mar 201502142.892.93$62
Feb 201502144.662.98$63
Jan 201501543.433.10$47
Dec 201402654.693.59$93
Nov 201404870.464.25$204
Oct 201406578.303.90$254
Sep 201405686.164.05$227
Aug 201405389.394.04$214
Jul 201406496.564.18$267
Jun 201406798.164.74$317
May 201408694.734.73$406
Apr 2014011595.944.81$553
Mar 2014015795.895.06$794
Feb 201404397.406.19$266
Jan 201405890.404.86$282
Dec 2013011591.824.35$501
Nov 2013015988.853.74$594
Oct 2013014597.423.78$548
Sep 20130165104.113.72$613
Aug 20130153104.253.52$539
Jul 20130135102.523.72$502
Jun 201303294.403.93$126
May 20130094.834.15$0
Apr 201301893.964.28$77
Mar 2013023593.623.91$920
Feb 2013022091.233.42$752
Jan 2013023291.603.42$793
Dec 2012024386.773.42$831
Nov 2012026086.953.62$942
Oct 2012028089.383.40$952
Sep 2012028594.672.92$832
Aug 2012030492.662.91$884
Jul 2012030185.133.02$909
Jun 2012028679.822.52$720
May 2012032591.612.49$809
Apr 20120336101.652.00$671
Mar 20120314105.052.22$698
Feb 20120343101.102.57$882
Jan 2012037998.092.73$1,036
Dec 2011038996.873.24$1,260
Nov 2011038895.723.31$1,285
Oct 2011040384.983.65$1,470
Sep 2011040283.623.99$1,602
Aug 2011043183.404.15$1,788
Jul 2011046994.144.52$2,119
Jun 2011047292.904.64$2,190
May 2011048998.134.40$2,154
Apr 20110507105.964.33$2,197
Mar 2011052496.364.06$2,126
Feb 2011048985.644.18$2,044
Jan 2011047886.504.59$2,193
Dec 20108852485.734.35$9,822
Nov 2010050580.843.80$1,917
Oct 2010050878.103.51$1,783
Sep 2010049172.633.98$1,954
Aug 2010053473.684.42$2,360
Jul 2010056272.554.74$2,662
Jun 2010056470.364.91$2,769
May 2010062371.124.24$2,639
Apr 2010064081.694.12$2,639
Mar 2010066978.394.39$2,936
Feb 2010062073.585.44$3,374
Jan 2010059574.365.96$3,549
Dec 2009070271.445.48$3,850
Nov 2009070174.593.75$2,630
Oct 2009072272.544.11$2,968
Sep 2009071565.543.06$2,191
Aug 2009075367.423.22$2,424
Jul 2009077161.133.46$2,671
Jun 2009078266.163.90$3,046
May 2009084954.743.93$3,333
Apr 2009075646.773.59$2,712
Mar 2009087442.144.06$3,548
Feb 2009082332.814.63$3,813
Jan 2009094835.865.37$5,092
Dec 2008096437.105.98$5,762
Nov 2008096255.496.86$6,600
Oct 2008095575.246.92$6,610
Sep 20080955101.767.88$7,523
Aug 20080979114.228.48$8,305
Jul 200801,063131.0811.39$12,107
Jun 200801,037131.3313.03$13,515
May 200801,217123.1711.57$14,086
Apr 200801,222110.3110.45$12,776
Mar 200801,328101.909.66$12,834
Feb 200801,33592.538.77$11,709
Jan 200801,50290.388.21$12,325
Dec 2007711,53188.337.30$17,451
Nov 200701,60591.677.29$11,703
Oct 200701,71182.856.92$11,844
Sep 200701,74475.846.24$10,890
Aug 200701,86169.066.39$11,888
Jul 200701,86570.906.39$11,914
Jun 200701,88262.007.55$14,206
May 200702,06258.747.85$16,179
Apr 200702,04959.617.81$15,993
Mar 200702,17456.927.30$15,874
Feb 200702,05755.108.22$16,900
Jan 200702,25350.306.73$15,156
Dec 200602,29856.656.92$15,899
Nov 200602,30954.207.62$17,589
Oct 200602,58554.906.01$15,546
Sep 200601,53060.085.04$7,707
Aug 200601,72868.717.34$12,683
Jul 200602,38569.376.34$15,127
Jun 200602,32866.286.38$14,862
May 200602,30766.016.42$14,822
Apr 200602,28464.397.36$16,811
Mar 200602,38756.707.08$16,907
Feb 200602,03457.597.75$15,766
Jan 2006053960.598.93$4,815

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.

Jan 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.41 =         $0
Gas                   11 Mcf  × $  2.81 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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/218668 is the state's own key, not one this site invented.