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 237155District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Nov 2007 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
223
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 Gas112010-09-21199238
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
CondensateDisposition3,189 bbl$278,898
GasProduction1,257,947 Mcf$6,516,121
Total$6,795,019

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 27.4141, -99.1169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41410, -99.11687 · 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
9,840 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 9,840 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-479396971879,840 ftNov 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 (223)

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

223 months

May 202651,887106.413.05$6,280
Apr 202681,80698.932.87$5,974
Mar 202651,87189.753.15$6,341
Feb 202631,69063.503.75$6,529
Jan 202631,86459.138.00$15,086
Dec 202521,89356.664.41$8,468
Nov 202561,85058.593.93$7,615
Oct 202531,93359.383.30$6,566
Sep 202531,87662.743.08$5,961
Aug 202531,95763.933.01$6,092
Jul 202581,95766.743.32$7,022
Jun 202501,85766.483.13$5,810
May 202571,92760.553.23$6,653
Apr 202551,88962.363.54$7,005
Mar 202551,95867.704.27$8,696
Feb 202531,76570.884.34$7,874
Jan 202571,94474.324.28$8,838
Dec 202471,97368.993.12$6,641
Nov 202441,93369.052.20$4,526
Oct 202472,04771.372.28$5,170
Sep 202431,97169.612.36$4,869
Aug 202452,02775.632.06$4,561
Jul 202452,02679.932.15$4,749
Jun 202451,96178.082.63$5,556
May 202441,98778.812.20$4,684
Apr 202451,99284.451.66$3,727
Mar 202462,09580.301.55$3,719
Feb 202481,94276.091.78$4,073
Jan 202442,08773.023.30$7,174
Dec 202372,12571.262.61$6,047
Nov 202321,98777.892.81$5,734
Oct 202352,09085.443.09$6,880
Sep 202342,04989.042.74$5,960
Aug 202342,13380.522.67$6,023
Jul 202352,01874.852.64$5,705
Jun 202342,07268.962.26$4,955
May 202372,14570.622.23$5,272
Apr 202362,08978.122.24$5,143
Mar 202392,20372.852.39$5,928
Feb 202361,99375.112.47$5,365
Jan 202382,25676.533.39$8,255
Dec 202282,02176.415.73$12,190
Nov 202282,17085.005.65$12,932
Oct 202282,25987.185.86$13,944
Sep 202222,09784.888.16$17,289
Aug 202262,22494.529.13$20,866
Jul 202292,269101.587.54$18,027
Jun 202262,230115.097.98$18,480
May 202262,312109.378.43$20,153
Apr 202282,164104.226.84$15,630
Mar 202272,234108.885.08$12,103
Feb 202262,06291.054.86$10,565
Jan 202262,26381.844.54$10,760
Dec 202192,33971.323.90$9,762
Nov 202152,29577.435.24$12,406
Oct 2021102,41179.795.71$14,574
Sep 202162,38769.865.35$13,192
Aug 202172,48666.024.22$10,955
Jul 202172,36570.783.98$9,913
Jun 202142,43469.493.38$8,506
May 202182,52863.483.02$8,137
Apr 202182,46360.362.76$7,277
Mar 2021102,56761.302.72$7,587
Feb 202172,33957.805.55$13,381
Jan 202162,55850.412.81$7,491
Dec 202052,54344.642.68$7,027
Nov 202082,50838.772.71$7,098
Oct 202082,58336.972.48$6,698
Sep 202032,41937.091.99$4,928
Aug 202032,54839.982.39$6,197
Jul 202092,57138.371.83$5,038
Jun 202072,50834.901.69$4,484
May 202002,62816.921.81$4,769
Apr 202082,51414.751.80$4,654
Mar 202052,66130.341.86$5,091
Feb 202042,46649.881.98$5,084
Jan 202092,65857.252.09$6,083
Dec 201982,59559.012.30$6,452
Nov 201982,37855.302.75$6,984
Oct 201992,68353.472.42$6,970
Sep 201992,65155.052.66$7,540
Aug 2019102,74453.112.30$6,854
Jul 201972,61456.272.46$6,824
Jun 201972,66552.782.49$7,009
May 2019102,75958.482.74$8,145
Apr 2019112,75962.632.75$8,278
Mar 201982,84956.803.06$9,178
Feb 2019112,51950.852.79$7,593
Jan 2019112,80046.033.23$9,545
Dec 201892,91546.594.19$12,620
Nov 201892,82852.934.24$12,459
Oct 201892,92461.443.40$10,489
Sep 201892,90359.543.11$9,558
Aug 201853,08259.403.07$9,748
Jul 201883,04065.142.93$9,434
Jun 201862,98260.183.08$9,536
May 201892,74065.382.90$8,537
Apr 2018142,91863.842.90$9,358
Mar 201863,05261.222.79$8,873
Feb 2018112,71861.782.77$8,198
Jan 2018113,07562.874.01$13,020
Dec 2017133,04257.272.92$9,632
Nov 201753,08455.423.12$9,894
Oct 2017103,33249.292.98$10,435
Sep 201793,23847.523.09$10,424
Aug 201763,32345.373.00$10,256
Jul 2017143,37543.873.09$11,034
Jun 2017343,27142.493.09$11,543
May 2017343,44345.373.26$12,778
Apr 2017303,33047.933.21$12,133
Mar 2017203,46846.772.98$11,283
Feb 2017173,15250.452.95$10,164
Jan 201703,57749.413.42$12,229
Dec 201603,53648.763.72$13,164
Nov 201603,36242.492.64$8,890
Oct 201603,49546.193.09$10,800
Sep 201603,41041.553.10$10,573
Aug 201603,54041.442.92$10,352
Jul 201603,59841.622.92$10,522
Jun 201603,62545.352.69$9,736
May 201603,78742.521.99$7,540
Apr 201603,45136.561.99$6,871
Mar 201603,79333.011.79$6,805
Feb 201603,77126.472.06$7,782
Jan 201603,08527.352.36$7,294
Dec 201503,85032.362.00$7,705
Nov 201503,78138.792.17$8,195
Oct 201504,10443.552.43$9,959
Sep 201504,00942.992.76$11,059
Aug 201504,08840.162.87$11,743
Jul 201503,97048.152.95$11,692
Jun 201503,98556.152.88$11,488
May 201504,25655.212.96$12,578
Apr 201504,02449.822.71$10,891
Mar 201504,17842.892.93$12,261
Feb 201503,68044.662.98$10,952
Jan 201504,44343.433.10$13,776
Dec 201404,10154.693.59$14,728
Nov 201403,83070.464.25$16,285
Oct 201404,13678.303.90$16,134
Sep 201403,97986.164.05$16,097
Aug 201404,42089.394.04$17,835
Jul 201404,51696.564.18$18,875
Jun 201404,44798.164.74$21,065
May 201404,47894.734.73$21,166
Apr 201404,48995.944.81$21,588
Mar 201404,62295.895.06$23,373
Feb 201404,12597.406.19$25,542
Jan 201404,81090.404.86$23,380
Dec 201304,67391.824.35$20,348
Nov 201304,74888.853.74$17,749
Oct 201304,98797.423.78$18,848
Sep 201304,985104.113.72$18,533
Aug 201305,171104.253.52$18,215
Jul 201305,257102.523.72$19,544
Jun 201335,22794.403.93$20,843
May 2013245,18994.834.15$23,806
Apr 2013245,12993.964.28$24,220
Mar 2013235,32093.623.91$22,970
Feb 2013274,89091.233.42$19,187
Jan 2013205,44391.603.42$20,447
Dec 201205,71786.773.42$19,553
Nov 201205,41986.953.62$19,644
Oct 201205,98889.383.40$20,357
Sep 201205,72194.672.92$16,696
Aug 201205,97392.662.91$17,370
Jul 2012126,04185.133.02$19,270
Jun 2012955,79379.822.52$22,176
May 20121266,05891.612.49$26,617
Apr 20121455,916101.652.00$26,552
Mar 20122046,178105.052.22$35,158
Feb 20121515,871101.102.57$30,356
Jan 20121926,30298.092.73$36,063
Dec 20111086,32096.873.24$30,937
Nov 201106,10595.723.31$20,215
Oct 201106,50884.983.65$23,745
Sep 201106,35983.623.99$25,346
Aug 201106,73783.404.15$27,954
Jul 201107,05494.144.52$31,865
Jun 201136,92692.904.64$32,415
May 2011217,36098.134.40$34,480
Apr 2011287,235105.964.33$34,318
Mar 2011367,63396.364.06$34,439
Feb 2011256,99685.644.18$31,384
Jan 2011187,74086.504.59$37,074
Dec 201007,89685.734.35$34,330
Nov 201007,99480.843.80$30,340
Oct 201008,31078.103.51$29,159
Sep 201008,12172.633.98$32,317
Aug 201008,40373.684.42$37,136
Jul 201008,82572.554.74$41,800
Jun 201008,28970.364.91$40,702
May 201008,65071.124.24$36,635
Apr 201008,01081.694.12$33,023
Mar 201009,70678.394.39$42,596
Feb 201008,96673.585.44$48,796
Jan 2010010,30474.365.96$61,454
Dec 2009010,65771.445.48$58,440
Nov 2009010,52974.593.75$39,500
Oct 2009010,26472.544.11$42,188
Sep 2009010,37765.543.06$31,803
Aug 2009011,41867.423.22$36,749
Jul 2009012,23561.133.46$42,388
Jun 2009011,91266.163.90$46,397
May 2009012,83554.743.93$50,387
Apr 2009013,01546.773.59$46,691
Mar 2009013,91942.144.06$56,497
Feb 2009012,93732.814.63$59,937
Jan 2009014,54035.865.37$78,094
Dec 2008415,18537.105.98$90,911
Nov 20087115,01555.496.86$106,948
Oct 20086816,44975.246.92$118,976
Sep 20089717,077101.767.88$144,388
Aug 20087718,540114.228.48$166,070
Jul 20084919,614131.0811.39$229,815
Jun 20082520,471131.3313.03$270,074
May 20086323,666123.1711.57$281,677
Apr 20085824,797110.3110.45$265,647
Mar 20087728,870101.909.66$286,848
Feb 20089628,03392.538.77$254,749
Jan 200816142,27890.388.21$361,473
Dec 200720947,49888.337.30$365,290
Nov 2007060,56291.677.29$441,600

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             5 bbl  × $106.41 =       $532
Gas                1,887 Mcf  × $  3.05 =     $5,748

────────────────────────────────────────────────────
Month total                                   $6,280

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/237155 is the state's own key, not one this site invented.