BMT

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 235818District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Sep 2007 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
225
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 Gas112010-05-24197988
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
CondensateDisposition1,358 bbl$115,068
GasProduction1,593,188 Mcf$9,693,566
Total$9,808,634

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 27.3952, -99.1583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39520, -99.15831 · 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
10,505 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 10,505 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-4793988615410,505 ftSep 2007

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 (225)

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

225 months

May 202631,126106.413.05$3,749
Apr 202651,08498.932.87$3,605
Mar 202631,09189.753.15$3,705
Feb 202621,04563.503.75$4,046
Jan 202621,14459.138.00$9,268
Dec 202511,17556.664.41$5,242
Nov 202541,10658.593.93$4,577
Oct 202521,14059.383.30$3,886
Sep 202521,12862.743.08$3,596
Aug 202521,17763.933.01$3,676
Jul 202551,22466.743.32$4,392
Jun 202501,16066.483.13$3,629
May 202541,20960.553.23$4,150
Apr 202531,18062.363.54$4,368
Mar 202531,22767.704.27$5,440
Feb 202521,11570.884.34$4,982
Jan 202541,24874.324.28$5,637
Dec 202441,21568.993.12$4,068
Nov 202421,17169.052.20$2,712
Oct 202441,22671.372.28$3,082
Sep 202421,16469.612.36$2,891
Aug 202431,26475.632.06$2,835
Jul 202431,27679.932.15$2,979
Jun 202431,27078.082.63$3,579
May 202421,28378.812.20$2,978
Apr 202431,22884.451.66$2,291
Mar 202431,28980.301.55$2,233
Feb 202441,18776.091.78$2,422
Jan 202421,27573.023.30$4,351
Dec 202341,31971.262.61$3,729
Nov 202311,30877.892.81$3,750
Oct 202351,37585.443.09$4,672
Sep 202321,22989.042.74$3,539
Aug 202321,33480.522.67$3,727
Jul 202331,20074.852.64$3,395
Jun 202321,33968.962.26$3,162
May 202361,53770.622.23$3,847
Apr 202341,40778.122.24$3,461
Mar 202351,39472.852.39$3,700
Feb 202331,31875.112.47$3,475
Jan 202341,30276.533.39$4,717
Dec 202261,42076.415.73$8,594
Nov 202251,45585.005.65$8,640
Oct 202251,52687.185.86$9,384
Sep 202211,46684.888.16$12,053
Aug 202231,62994.529.13$15,152
Jul 202261,666101.587.54$13,175
Jun 202231,606115.097.98$13,157
May 202231,685109.378.43$14,538
Apr 202251,517104.226.84$10,894
Mar 202241,630108.885.08$8,710
Feb 202231,50091.054.86$7,561
Jan 202231,66681.844.54$7,805
Dec 202171,77271.323.90$7,408
Nov 202131,81477.435.24$9,732
Oct 202181,93679.795.71$11,700
Sep 202132,02869.865.35$11,061
Aug 202141,70866.024.22$7,473
Jul 202141,55070.783.98$6,455
Jun 202122,26869.493.38$7,806
May 2021120463.483.02$679
Apr 2021022660.362.76$623
Mar 2021238561.302.72$1,169
Feb 2021230457.805.55$1,802
Jan 2021384350.412.81$2,520
Dec 202031,82944.642.68$5,027
Nov 202061,83038.772.71$5,186
Oct 202051,81236.972.48$4,676
Sep 202031,75837.091.99$3,612
Aug 202021,85139.982.39$4,495
Jul 202061,90738.371.83$3,711
Jun 202051,82434.901.69$3,258
May 202001,79016.921.81$3,248
Apr 202061,81514.751.80$3,363
Mar 202041,95430.341.86$3,748
Feb 202041,85349.881.98$3,870
Jan 202061,94057.252.09$4,407
Dec 201961,80459.012.30$4,511
Nov 201961,66155.302.75$4,901
Oct 201961,93653.472.42$5,003
Sep 201971,92755.052.66$5,506
Aug 201971,95853.112.30$4,884
Jul 201951,93256.272.46$5,034
Jun 201951,93452.782.49$5,082
May 201972,01958.482.74$5,942
Apr 201982,07862.632.75$6,217
Mar 201952,06556.803.06$6,607
Feb 201971,59150.852.79$4,798
Jan 201982,04946.033.23$6,983
Dec 201872,18546.594.19$9,471
Nov 201862,18052.934.24$9,555
Oct 201871,99061.443.40$7,192
Sep 201862,12759.543.11$6,968
Aug 201852,32559.403.07$7,427
Jul 201882,44465.142.93$7,687
Jun 201882,75760.183.08$8,965
May 2018123,72265.382.90$11,581
Apr 2018153,31263.842.90$10,565
Mar 201842,26661.222.79$6,560
Feb 201882,02161.782.77$6,085
Jan 201882,29062.874.01$9,684
Dec 2017102,31357.272.92$7,330
Nov 201742,31355.423.12$7,434
Oct 201772,44549.292.98$7,640
Sep 201762,40147.523.09$7,698
Aug 201742,58745.373.00$7,954
Jul 201742,18643.873.09$6,924
Jun 201702,12942.493.09$6,573
May 201702,69845.373.26$8,805
Apr 201702,15347.933.21$6,915
Mar 201702,51546.772.98$7,504
Feb 201702,41050.452.95$7,116
Jan 201702,56749.413.42$8,776
Dec 201602,55648.763.72$9,516
Nov 201602,54042.492.64$6,717
Oct 201602,63446.193.09$8,140
Sep 201602,61541.553.10$8,108
Aug 201602,83541.442.92$8,291
Jul 201602,93741.622.92$8,589
Jun 201602,36845.352.69$6,360
May 201602,74942.521.99$5,473
Apr 201602,73036.561.99$5,436
Mar 201603,02933.011.79$5,434
Feb 201602,74226.472.06$5,658
Jan 201602,82627.352.36$6,682
Dec 201503,08632.362.00$6,176
Nov 201503,27038.792.17$7,087
Oct 201503,48043.552.43$8,445
Sep 201502,31542.992.76$6,386
Aug 201502,55340.162.87$7,333
Jul 201503,29248.152.95$9,695
Jun 201503,02956.152.88$8,732
May 201503,73055.212.96$11,024
Apr 201503,10049.822.71$8,390
Mar 201503,43742.892.93$10,087
Feb 201502,78544.662.98$8,289
Jan 201503,24543.433.10$10,062
Dec 201403,44354.693.59$12,365
Nov 201403,30170.464.25$14,035
Oct 201403,66378.303.90$14,289
Sep 201403,50386.164.05$14,171
Aug 201403,80089.394.04$15,333
Jul 201403,95296.564.18$16,518
Jun 201403,64398.164.74$17,256
May 201403,65494.734.73$17,271
Apr 201403,61595.944.81$17,385
Mar 201403,91595.895.06$19,797
Feb 201402,82197.406.19$17,468
Jan 201404,13990.404.86$20,119
Dec 201304,16091.824.35$18,115
Nov 201304,76188.853.74$17,798
Oct 201304,68297.423.78$17,695
Sep 201303,484104.113.72$12,953
Aug 201303,875104.253.52$13,650
Jul 201304,211102.523.72$15,655
Jun 201304,49694.403.93$17,685
May 201303,24594.834.15$13,464
Apr 201302,71693.964.28$11,632
Mar 201302,35193.623.91$9,199
Feb 201302,19291.233.42$7,496
Jan 201303,50491.603.42$11,983
Dec 201205,14886.773.42$17,607
Nov 201204,38286.953.62$15,885
Oct 201204,32289.383.40$14,693
Sep 201203,64594.672.92$10,638
Aug 201204,63692.662.91$13,482
Jul 201204,68285.133.02$14,143
Jun 201205,00579.822.52$12,608
May 201205,28891.612.49$13,158
Apr 201204,401101.652.00$8,788
Mar 201204,425105.052.22$9,833
Feb 201204,269101.102.57$10,972
Jan 201204,42298.092.73$12,090
Dec 201104,85196.873.24$15,716
Nov 201105,15095.723.31$17,053
Oct 201104,64084.983.65$16,929
Sep 201104,81083.623.99$19,172
Aug 201105,52183.404.15$22,908
Jul 201105,50494.144.52$24,863
Jun 201105,12792.904.64$23,789
May 201105,54298.134.40$24,412
Apr 201105,751105.964.33$24,921
Mar 201106,28796.364.06$25,509
Feb 201105,40585.644.18$22,593
Jan 201105,09186.504.59$23,361
Dec 201005,88785.734.35$25,595
Nov 201006,24480.843.80$23,698
Oct 201006,99178.103.51$24,531
Sep 201006,49072.633.98$25,827
Aug 201006,83673.684.42$30,211
Jul 201007,81772.554.74$37,025
Jun 201007,22170.364.91$35,458
May 201007,95171.124.24$33,674
Apr 201007,75081.694.12$31,951
Mar 201009,70178.394.39$42,574
Feb 201009,60573.585.44$52,274
Jan 2010012,49174.365.96$74,497
Dec 200905,65371.445.48$31,000
Nov 200903,08474.593.75$11,570
Oct 200905,41972.544.11$22,273
Sep 200909,52465.543.06$29,189
Aug 2009012,04067.423.22$38,751
Jul 2009012,67661.133.46$43,916
Jun 2009314,39166.163.90$56,251
May 2009229,76654.743.93$39,543
Apr 20093414,62546.773.59$54,057
Mar 20093014,62642.144.06$60,631
Feb 20091415,12932.814.63$70,552
Jan 2009018,14535.865.37$97,457
Dec 2008019,76637.105.98$118,144
Nov 2008020,97755.496.86$143,910
Oct 2008024,18175.246.92$167,380
Sep 2008026,506101.767.88$208,790
Aug 2008033,070114.228.48$280,533
Jul 2008426,400131.0811.39$301,205
Jun 20083127,085131.3313.03$357,060
May 200811733,132123.1711.57$397,890
Apr 200811537,355110.3110.45$403,227
Mar 200814742,240101.909.66$423,190
Feb 200816038,48992.538.77$352,376
Jan 20083254,30490.388.21$448,496
Dec 20074483,38588.337.30$612,761
Nov 200762114,44391.677.29$840,168
Oct 200778200,10082.856.92$1,391,551
Sep 20070118,63475.846.24$740,770

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             3 bbl  × $106.41 =       $319
Gas                1,126 Mcf  × $  3.05 =     $3,430

────────────────────────────────────────────────────
Month total                                   $3,749

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/235818 is the state's own key, not one this site invented.