BMT 471

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 227964District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Dec 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 Gas112007-08-20175889
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
CondensateDisposition1,257 bbl$85,997
GasProduction754,374 Mcf$5,238,817
Total$5,324,815

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 27.4642, -99.0771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46421, -99.07711 · 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
9,532 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 9,532 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-4793967529,532 ftDec 2006

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 (234)

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

234 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 202402178.812.20$46
Apr 202407284.451.66$119
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 202303568.962.26$79
May 202307270.622.23$160
Apr 202307278.122.24$161
Mar 202307572.852.39$179
Feb 202306475.112.47$158
Jan 2023010776.533.39$362
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202201984.888.16$155
Aug 202207894.529.13$712
Jul 2022086101.587.54$649
Jun 2022083115.097.98$662
May 2022088109.378.43$742
Apr 2022079104.226.84$540
Mar 2022094108.885.08$477
Feb 202208591.054.86$413
Jan 202209581.844.54$431
Dec 202109571.323.90$370
Nov 202109277.435.24$482
Oct 202109679.795.71$549
Sep 202109669.865.35$514
Aug 2021249266.024.22$1,973
Jul 2021010170.783.98$402
Jun 202109869.493.38$331
May 2021010363.483.02$311
Apr 2021010260.362.76$281
Mar 2021010461.302.72$283
Feb 202109457.805.55$522
Jan 202106950.412.81$194
Dec 202008344.642.68$222
Nov 202007238.772.71$195
Oct 202007736.972.48$191
Sep 202008037.091.99$159
Aug 202008539.982.39$203
Jul 202008938.371.83$162
Jun 202009334.901.69$157
May 202009816.921.81$178
Apr 202009514.751.80$171
Mar 2020011430.341.86$212
Feb 2020011249.881.98$222
Jan 2020013057.252.09$272
Dec 2019013859.012.30$318
Nov 2019014155.302.75$388
Oct 2019017253.472.42$416
Sep 2019115555.052.66$467
Aug 2019017953.112.30$412
Jul 2019022656.272.46$556
Jun 2019017652.782.49$438
May 2019024858.482.74$680
Apr 2019222562.632.75$744
Mar 2019024256.803.06$741
Feb 2019022650.852.79$631
Jan 2019026246.033.23$846
Dec 2018024446.594.19$1,021
Nov 2018024352.934.24$1,030
Oct 2018328761.443.40$1,160
Sep 2018025059.543.11$777
Aug 2018025559.403.07$782
Jul 2018026865.142.93$786
Jun 2018131160.183.08$1,017
May 2018034865.382.90$1,009
Apr 2018035263.842.90$1,021
Mar 2018436061.222.79$1,248
Feb 2018033361.782.77$921
Jan 2018932862.874.01$1,881
Dec 2017036857.272.92$1,075
Nov 2017039355.423.12$1,226
Oct 2017035649.292.98$1,062
Sep 2017937947.523.09$1,598
Aug 2017040745.373.00$1,223
Jul 20172842043.873.09$2,525
Jun 2017040242.493.09$1,241
May 2017040345.373.26$1,315
Apr 2017041447.933.21$1,330
Mar 2017041746.772.98$1,244
Feb 20172537050.452.95$2,354
Jan 2017041549.413.42$1,419
Dec 2016343148.763.72$1,751
Nov 2016043642.492.64$1,153
Oct 2016045846.193.09$1,415
Sep 2016046041.553.10$1,426
Aug 2016048141.442.92$1,407
Jul 2016648941.622.92$1,680
Jun 2016046345.352.69$1,244
May 2016042942.521.99$854
Apr 2016047736.561.99$950
Mar 2016052233.011.79$936
Feb 2016059826.472.06$1,234
Jan 20162766227.352.36$2,304
Dec 2015057832.362.00$1,157
Nov 2015062938.792.17$1,363
Oct 2015063943.552.43$1,551
Sep 2015065442.992.76$1,804
Aug 2015065940.162.87$1,893
Jul 2015070648.152.95$2,079
Jun 2015076956.152.88$2,217
May 2015083855.212.96$2,477
Apr 2015083149.822.71$2,249
Mar 2015072042.892.93$2,113
Feb 2015066444.662.98$1,976
Jan 2015072743.433.10$2,254
Dec 2014075754.693.59$2,719
Nov 20146974170.464.25$8,012
Oct 2014077178.303.90$3,008
Sep 2014082886.164.05$3,350
Aug 2014065689.394.04$2,647
Jul 2014080496.564.18$3,360
Jun 2014067898.164.74$3,212
May 2014080994.734.73$3,824
Apr 2014085095.944.81$4,088
Mar 2014074495.895.06$3,762
Feb 2014076897.406.19$4,755
Jan 2014085390.404.86$4,146
Dec 2013074691.824.35$3,248
Nov 2013077988.853.74$2,912
Oct 2013086397.423.78$3,262
Sep 20130925104.113.72$3,439
Aug 20130870104.253.52$3,065
Jul 20130892102.523.72$3,316
Jun 2013091094.403.93$3,579
May 201301,54194.834.15$6,394
Apr 2013092293.964.28$3,949
Mar 2013079693.623.91$3,115
Feb 2013088891.233.42$3,037
Jan 2013091791.603.42$3,136
Dec 201201,00286.773.42$3,427
Nov 201201,02986.953.62$3,730
Oct 201201,03889.383.40$3,529
Sep 201201,02694.672.92$2,994
Aug 201201,08392.662.91$3,150
Jul 201201,03485.133.02$3,124
Jun 2012091279.822.52$2,297
May 201201,12891.612.49$2,807
Apr 201201,060101.652.00$2,117
Mar 201201,181105.052.22$2,624
Feb 201201,164101.102.57$2,992
Jan 201201,27598.092.73$3,486
Dec 201101,28296.873.24$4,153
Nov 201101,28695.723.31$4,258
Oct 201101,37784.983.65$5,024
Sep 201101,38183.623.99$5,504
Aug 201101,40083.404.15$5,809
Jul 201101,44394.144.52$6,518
Jun 201101,42292.904.64$6,598
May 201101,45898.134.40$6,422
Apr 201101,578105.964.33$6,838
Mar 201101,71096.364.06$6,938
Feb 201101,65285.644.18$6,905
Jan 201101,87986.504.59$8,622
Dec 201001,82885.734.35$7,948
Nov 201001,70180.843.80$6,456
Oct 201001,93778.103.51$6,797
Sep 20101272,03372.633.98$17,314
Aug 201002,11973.684.42$9,365
Jul 201002,33472.554.74$11,055
Jun 201002,53070.364.91$12,423
May 201002,70671.124.24$11,461
Apr 201002,65081.694.12$10,925
Mar 201003,13178.394.39$13,741
Feb 201002,77473.585.44$15,097
Jan 201003,08574.365.96$18,399
Dec 200903,50671.445.48$19,226
Nov 200903,35474.593.75$12,583
Oct 200903,87972.544.11$15,944
Sep 200904,27665.543.06$13,105
Aug 200904,91667.423.22$15,822
Jul 200905,97761.133.46$20,707
Jun 200906,59966.163.90$25,703
May 200904,81854.743.93$18,914
Apr 200905,11646.773.59$18,354
Mar 200904,40542.144.06$17,880
Feb 200904,52532.814.63$20,964
Jan 200905,89535.865.37$31,662
Dec 200806,33337.105.98$37,853
Nov 20081487,59555.496.86$60,317
Oct 200808,74775.246.92$60,547
Sep 200808,942101.767.88$70,437
Aug 2008010,264114.228.48$87,070
Jul 2008011,087131.0811.39$126,275
Jun 2008012,526131.3313.03$163,247
May 2008016,026123.1711.57$185,490
Apr 2008019,304110.3110.45$201,821
Mar 200811721,919101.909.66$223,749
Feb 2008020,80592.538.77$182,472
Jan 2008023,19690.388.21$190,340
Dec 2007022,74688.337.30$166,091
Nov 200712123,85891.677.29$185,057
Oct 2007024,74382.856.92$171,271
Sep 200718226,61875.846.24$180,010
Aug 2007028,58769.066.39$182,612
Jul 2007030,48470.906.39$194,730
Jun 2007030,92662.007.55$233,443
May 200718434,39058.747.85$280,642
Apr 2007036,78059.617.81$287,075
Mar 2007043,98056.927.30$321,141
Feb 200716737,51655.108.22$317,433
Jan 2007044,97750.306.73$302,554
Dec 2006036,29556.656.92$251,105

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.81 =         $0
Gas                   21 Mcf  × $  2.20 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/227964 is the state's own key, not one this site invented.