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 243242District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Apr 2008 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
218
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 Gas112010-10-15199575
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
CondensateDisposition1,018 bbl$54,780
GasProduction1,983,422 Mcf$10,691,501
Total$10,746,281

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 27.4613, -99.0801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46132, -99.08011 · 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
9,670 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 9,670 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794010319,670 ftApr 2008

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 (218)

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

218 months

May 202602,499106.413.05$7,612
Apr 202602,38398.932.87$6,839
Mar 202602,41589.753.15$7,606
Feb 202602,23263.503.75$8,371
Jan 202602,52559.138.00$20,195
Dec 202502,60556.664.41$11,497
Nov 202502,37058.593.93$9,306
Oct 202502,26259.383.30$7,476
Sep 202502,21262.743.08$6,806
Aug 202502,43163.933.01$7,329
Jul 202502,36366.743.32$7,834
Jun 202502,38366.483.13$7,456
May 2025352,56160.553.23$10,397
Apr 202502,48362.363.54$8,798
Mar 202502,55367.704.27$10,897
Feb 202502,13470.884.34$9,263
Jan 202502,80174.324.28$11,985
Dec 202402,55768.993.12$7,981
Nov 202402,72669.052.20$5,993
Oct 202402,92771.372.28$6,678
Sep 202403,15569.612.36$7,460
Aug 202403,79975.632.06$7,840
Jul 202404,45879.932.15$9,570
Jun 202403,30678.082.63$8,708
May 202401,17878.812.20$2,590
Apr 202401,31084.451.66$2,174
Mar 202401,31980.301.55$2,038
Feb 202401,14676.091.78$2,044
Jan 202401,57873.023.30$5,204
Dec 202301,86371.262.61$4,864
Nov 202301,85277.892.81$5,200
Oct 202301,92685.443.09$5,946
Sep 202301,73989.042.74$4,756
Aug 202301,62280.522.67$4,335
Jul 202301,84174.852.64$4,864
Jun 202301,54168.962.26$3,480
May 202301,66370.622.23$3,704
Apr 202302,03078.122.24$4,543
Mar 202302,28472.852.39$5,466
Feb 202302,00775.112.47$4,949
Jan 202302,08776.533.39$7,070
Dec 202201,76476.415.73$10,106
Nov 202202,50885.005.65$14,161
Oct 202202,79387.185.86$16,377
Sep 202202,57784.888.16$21,038
Aug 202201,40294.529.13$12,796
Jul 202201,939101.587.54$14,624
Jun 202202,045115.097.98$16,313
May 202202,371109.378.43$19,995
Apr 2022192,098104.226.84$16,325
Mar 202202,368108.885.08$12,021
Feb 202202,33491.054.86$11,341
Jan 202202,66381.844.54$12,084
Dec 202102,52971.323.90$9,861
Nov 202102,44377.435.24$12,794
Oct 202102,88579.795.71$16,485
Sep 2021282,64969.865.35$16,131
Aug 202102,82266.024.22$11,911
Jul 202103,06370.783.98$12,197
Jun 202102,47669.493.38$8,370
May 202102,81963.483.02$8,507
Apr 202102,89560.362.76$7,986
Mar 202102,87261.302.72$7,803
Feb 2021212,40357.805.55$14,546
Jan 202102,86150.412.81$8,040
Dec 202002,95444.642.68$7,903
Nov 202002,15138.772.71$5,822
Oct 202003,16936.972.48$7,854
Sep 2020273,18137.091.99$7,335
Aug 202003,33439.982.39$7,952
Jul 202003,39338.371.83$6,193
Jun 202003,55834.901.69$6,014
May 202003,07616.921.81$5,582
Apr 2020303,04414.751.80$5,935
Mar 202003,53830.341.86$6,567
Feb 202003,34849.881.98$6,631
Jan 202003,84757.252.09$8,058
Dec 201904,27159.012.30$9,842
Nov 201972,41055.302.75$7,016
Oct 201902,66453.472.42$6,443
Sep 2019223,22955.052.66$9,791
Aug 201903,56453.112.30$8,213
Jul 201903,80056.272.46$9,348
Jun 201903,18452.782.49$7,932
May 201903,39358.482.74$9,298
Apr 2019312,96462.632.75$10,095
Mar 201903,46656.803.06$10,613
Feb 201903,34850.852.79$9,348
Jan 201903,82146.033.23$12,335
Dec 201803,48146.594.19$14,570
Nov 201803,31852.934.24$14,059
Oct 2018313,92561.443.40$15,242
Sep 201803,81259.543.11$11,848
Aug 201803,99359.403.07$12,245
Jul 201803,86765.142.93$11,338
Jun 2018133,88660.183.08$12,739
May 201804,18465.382.90$12,137
Apr 201804,11963.842.90$11,948
Mar 2018214,32061.222.79$13,325
Feb 201803,95061.782.77$10,926
Jan 2018684,46162.874.01$22,161
Dec 201704,64657.272.92$13,573
Nov 201705,29455.423.12$16,509
Oct 201705,99849.292.98$17,896
Sep 201742,38547.523.09$7,553
Aug 201702,63245.373.00$7,908
Jul 201753,26043.873.09$10,284
Jun 201704,61842.493.09$14,257
May 201704,88845.373.26$15,952
Apr 201704,76047.933.21$15,287
Mar 201704,87146.772.98$14,534
Feb 201794,31650.452.95$13,197
Jan 201705,08549.413.42$17,385
Dec 201615,22348.763.72$19,493
Nov 201605,00542.492.64$13,235
Oct 201605,38846.193.09$16,650
Sep 201605,32541.553.10$16,511
Aug 201605,65741.442.92$16,543
Jul 201605,82841.622.92$17,043
Jun 201606,22945.352.69$16,730
May 201606,67342.521.99$13,286
Apr 201605,98436.561.99$11,914
Mar 201615,95133.011.79$10,709
Feb 201605,70126.472.06$11,765
Jan 2016256,42627.352.36$15,877
Dec 201506,45132.362.00$12,911
Nov 201506,53938.792.17$14,172
Oct 201506,09143.552.43$14,780
Sep 20151816,13442.992.76$24,701
Aug 201506,52140.162.87$18,732
Jul 201507,23848.152.95$21,316
Jun 201507,24256.152.88$20,878
May 201505,65355.212.96$16,707
Apr 201506,27149.822.71$16,973
Mar 201507,05642.892.93$20,707
Feb 201505,57744.662.98$16,598
Jan 201505,15143.433.10$15,971
Dec 201405,03854.693.59$18,093
Nov 201406,35070.464.25$26,999
Oct 201406,87478.303.90$26,815
Sep 201406,90886.164.05$27,946
Aug 201403,89989.394.04$15,733
Jul 201406,60196.564.18$27,590
Jun 201406,80198.164.74$32,216
May 201405,47594.734.73$25,878
Apr 201406,55595.944.81$31,524
Mar 201406,50295.895.06$32,879
Feb 201407,17597.406.19$44,428
Jan 201406,41190.404.86$31,162
Dec 201306,29091.824.35$27,390
Nov 201305,97088.853.74$22,318
Oct 201308,44697.423.78$31,920
Sep 201309,016104.113.72$33,519
Aug 201307,414104.253.52$26,117
Jul 201307,450102.523.72$27,697
Jun 201306,76894.403.93$26,621
May 201308,12094.834.15$33,691
Apr 201308,65293.964.28$37,053
Mar 201308,87993.623.91$34,742
Feb 201308,48291.233.42$29,008
Jan 201308,88591.603.42$30,386
Dec 201208,87786.773.42$30,361
Nov 201209,25386.953.62$33,542
Oct 201209,53889.383.40$32,426
Sep 201209,54094.672.92$27,842
Aug 2012010,14692.662.91$29,506
Jul 2012010,25485.133.02$30,975
Jun 2012010,02279.822.52$25,246
May 2012010,49391.612.49$26,110
Apr 2012010,401101.652.00$20,769
Mar 2012010,823105.052.22$24,050
Feb 2012010,578101.102.57$27,188
Jan 2012011,62898.092.73$31,792
Dec 2011011,51796.873.24$37,312
Nov 2011011,44195.723.31$37,884
Oct 2011012,19884.983.65$44,505
Sep 2011012,08683.623.99$48,172
Aug 2011012,81283.404.15$53,161
Jul 2011012,95794.144.52$58,530
Jun 2011012,90992.904.64$59,896
May 2011013,07898.134.40$57,606
Apr 2011013,595105.964.33$58,911
Mar 2011013,72496.364.06$55,683
Feb 2011013,02385.644.18$54,436
Jan 2011014,91686.504.59$68,446
Dec 2010015,07485.734.35$65,538
Nov 2010015,06680.843.80$57,180
Oct 2010016,06878.103.51$56,381
Sep 201010416,06872.633.98$71,496
Aug 2010017,69073.684.42$78,178
Jul 2010016,04572.554.74$75,997
Jun 2010017,31570.364.91$85,024
May 2010018,67071.124.24$79,072
Apr 2010018,59781.694.12$76,670
Mar 2010019,97978.394.39$87,681
Feb 2010018,63673.585.44$101,424
Jan 2010021,41974.365.96$127,745
Dec 2009022,34671.445.48$122,540
Nov 2009023,03174.593.75$86,401
Oct 2009023,42772.544.11$96,291
Sep 2009025,29665.543.06$77,526
Aug 2009027,90567.423.22$89,812
Jul 2009031,95061.133.46$110,691
Jun 2009031,90366.163.90$124,262
May 2009023,38154.743.93$91,788
Apr 200914624,80346.773.59$95,809
Mar 2009028,74442.144.06$116,672
Feb 2009026,74632.814.63$123,914
Jan 2009032,90535.865.37$176,733
Dec 2008037,30437.105.98$222,971
Nov 200818944,31255.496.86$314,484
Oct 2008031,48275.246.92$217,918
Sep 2008033,951101.767.88$267,435
Aug 2008044,516114.228.48$377,630
Jul 2008055,361131.0811.39$630,530
Jun 2008071,053131.3313.03$926,007
May 20080109,210123.1711.57$1,264,028
Apr 20080101,604110.3110.45$1,062,256

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             0 bbl  × $106.41 =         $0
Gas                2,499 Mcf  × $  3.05 =     $7,612

────────────────────────────────────────────────────
Month total                                   $7,612

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/243242 is the state's own key, not one this site invented.