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 245744District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Dec 2008 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
210
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 Gas112010-10-15199595
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
CondensateDisposition6,214 bbl$440,560
GasProduction2,533,879 Mcf$9,512,014
Total$9,952,573

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 27.4270, -99.1015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42700, -99.10154 · 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
9,879 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 9,879 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-479404161919,879 ftJan 2009

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 (210)

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

210 months

May 202604,226106.413.05$12,872
Apr 202604,07098.932.87$11,680
Mar 202604,24589.753.15$13,369
Feb 202603,84363.503.75$14,412
Jan 202604,89659.138.00$39,158
Dec 202503,32856.664.41$14,688
Nov 202504,04358.593.93$15,875
Oct 202504,40259.383.30$14,548
Sep 202504,15862.743.08$12,794
Aug 202504,31163.933.01$12,997
Jul 202504,29466.743.32$14,235
Jun 202504,18466.483.13$13,091
May 202504,46160.553.23$14,419
Apr 202504,37262.363.54$15,491
Mar 2025324,67867.704.27$22,134
Feb 202504,41770.884.34$19,173
Jan 202503,91474.324.28$16,747
Dec 202404,22468.993.12$13,185
Nov 202404,58069.052.20$10,069
Oct 202404,41671.372.28$10,075
Sep 202404,31369.612.36$10,197
Aug 202404,49575.632.06$9,276
Jul 202404,58779.932.15$9,846
Jun 202404,41778.082.63$11,634
May 202404,58878.812.20$10,086
Apr 202404,58684.451.66$7,609
Mar 202405,14280.301.55$7,945
Feb 202404,91776.091.78$8,770
Jan 202405,27273.023.30$17,385
Dec 2023375,41671.262.61$16,776
Nov 202305,06477.892.81$14,217
Oct 202305,40085.443.09$16,671
Sep 202305,10089.042.74$13,949
Aug 202305,67180.522.67$15,158
Jul 202304,92574.852.64$13,011
Jun 202304,65268.962.26$10,506
May 202305,13070.622.23$11,427
Apr 202304,95778.122.24$11,093
Mar 2023264,97672.852.39$13,802
Feb 202304,44575.112.47$10,960
Jan 202304,95276.533.39$16,776
Dec 202205,15976.415.73$29,556
Nov 202203,32285.005.65$18,757
Oct 202205,01287.185.86$29,389
Sep 202204,99784.888.16$40,794
Aug 202205,00094.529.13$45,636
Jul 202204,943101.587.54$37,281
Jun 202204,715115.097.98$37,613
May 202205,227109.378.43$44,080
Apr 202204,960104.226.84$33,915
Mar 2022794,893108.885.08$33,440
Feb 202204,77991.054.86$23,220
Jan 202205,45781.844.54$24,762
Dec 202105,49071.323.90$21,406
Nov 202105,40577.435.24$28,305
Oct 202105,54479.795.71$31,678
Sep 202105,35069.865.35$28,627
Aug 202105,62266.024.22$23,728
Jul 202105,79870.783.98$23,088
Jun 202105,58769.493.38$18,888
May 2021345,49463.483.02$18,737
Apr 202105,61060.362.76$15,475
Mar 202105,90161.302.72$16,033
Feb 202104,97457.805.55$27,596
Jan 2021245,68850.412.81$17,195
Dec 202005,71344.642.68$15,285
Nov 202005,73438.772.71$15,519
Oct 2020175,48536.972.48$14,223
Sep 202005,37937.091.99$10,710
Aug 202005,95939.982.39$14,213
Jul 202006,03238.371.83$11,009
Jun 202005,80634.901.69$9,814
May 202006,17816.921.81$11,212
Apr 202036,03514.751.80$10,934
Mar 2020346,40430.341.86$12,919
Feb 202005,78949.881.98$11,466
Jan 202006,16157.252.09$12,906
Dec 201905,92159.012.30$13,644
Nov 2019355,88955.302.75$18,134
Oct 201906,54753.472.42$15,834
Sep 201905,57755.052.66$14,820
Aug 201906,59353.112.30$15,193
Jul 201906,66556.272.46$16,396
Jun 2019316,36052.782.49$17,480
May 201906,62758.482.74$18,160
Apr 201906,53462.632.75$17,973
Mar 201906,65856.803.06$20,387
Feb 2019366,01250.852.79$18,617
Jan 201906,73246.033.23$21,732
Dec 201806,80146.594.19$28,465
Nov 201806,90152.934.24$29,241
Oct 2018367,06661.443.40$26,223
Sep 201806,37859.543.11$19,823
Aug 201807,22259.403.07$22,147
Jul 201807,43865.142.93$21,807
Jun 2018377,25360.183.08$24,544
May 201807,67765.382.90$22,269
Apr 201807,62863.842.90$22,127
Mar 201807,53861.222.79$21,007
Feb 201876,68361.782.77$18,918
Jan 201808,07262.874.01$32,363
Dec 2017257,89957.272.92$24,509
Nov 201707,78655.423.12$24,280
Oct 201708,87749.292.98$26,486
Sep 201708,32747.523.09$25,708
Aug 201708,79645.373.00$26,427
Jul 201708,52043.873.09$26,304
Jun 2017128,46842.493.09$26,653
May 201708,90945.373.26$29,074
Apr 201708,39447.933.21$26,958
Mar 201709,69846.772.98$28,936
Feb 2017317,85350.452.95$24,751
Jan 2017010,06349.413.42$34,403
Dec 2016409,84748.763.72$38,609
Nov 201608,81442.492.64$23,307
Oct 2016010,00346.193.09$30,912
Sep 2016409,82241.553.10$32,116
Aug 2016011,03141.442.92$32,258
Jul 201609,07741.622.92$26,544
Jun 201609,69245.352.69$26,031
May 20167610,13542.521.99$23,411
Apr 2016010,41736.561.99$20,741
Mar 20161395,89533.011.79$15,164
Feb 201607,76826.472.06$16,030
Jan 20162118,49427.352.36$25,854
Dec 20151959,43932.362.00$25,202
Nov 201508,64338.792.17$18,732
Oct 20151729,77243.552.43$31,203
Sep 2015939,15442.992.76$29,249
Aug 201509,15440.162.87$26,295
Jul 201509,97548.152.95$29,377
Jun 2015169,83056.152.88$29,237
May 2015149,95155.212.96$30,183
Apr 201509,62949.822.71$26,062
Mar 2015249,71142.892.93$29,528
Feb 201508,83144.662.98$26,283
Jan 201509,68243.433.10$30,020
Dec 2014011,12354.693.59$39,947
Nov 2014011,13070.464.25$47,323
Oct 2014010,11478.303.90$39,454
Sep 2014010,74386.164.05$43,460
Aug 2014011,78989.394.04$47,570
Jul 2014011,27396.564.18$47,117
Jun 2014011,18498.164.74$52,977
May 2014011,03494.734.73$52,153
Apr 2014011,52795.944.81$55,435
Mar 2014011,92495.895.06$60,297
Feb 20145611,38897.406.19$75,969
Jan 201419812,19690.404.86$77,181
Dec 2013013,18091.824.35$57,392
Nov 201319612,81088.853.74$65,302
Oct 201319613,89497.423.78$71,605
Sep 2013012,558104.113.72$46,687
Aug 201319313,382104.253.52$67,260
Jul 201319514,004102.523.72$72,055
Jun 201319413,20694.403.93$70,258
May 201319513,38694.834.15$74,031
Apr 2013014,00593.964.28$59,978
Mar 201319513,66893.623.91$71,737
Feb 201319512,78391.233.42$61,507
Jan 201316815,67091.603.42$68,979
Dec 201211314,58386.773.42$59,681
Nov 201211014,86586.953.62$63,450
Oct 201211415,55689.383.40$63,075
Sep 2012016,08394.672.92$46,937
Aug 20128815,94592.662.91$54,525
Jul 2012016,26885.133.02$49,142
Jun 2012015,81879.822.52$39,846
May 2012017,23091.612.49$42,874
Apr 2012017,318101.652.00$34,581
Mar 2012018,033105.052.22$40,071
Feb 2012017,449101.102.57$44,848
Jan 2012318,64098.092.73$51,258
Dec 2011919,80696.873.24$65,038
Nov 20113119,96695.723.31$69,080
Oct 20111920,41184.983.65$76,085
Sep 20112621,10983.623.99$86,310
Aug 20112722,01483.404.15$93,595
Jul 20111226,02694.144.52$118,695
Jun 2011017,54892.904.64$81,421
May 2011010,85798.134.40$47,823
Apr 2011019,642105.964.33$85,114
Mar 2011022,72196.364.06$92,187
Feb 2011020,96585.644.18$87,633
Jan 2011024,57986.504.59$112,788
Dec 2010025,04985.734.35$108,907
Nov 2010025,60980.843.80$97,195
Oct 2010027,57078.103.51$96,740
Sep 2010027,95872.633.98$111,258
Aug 2010029,38473.684.42$129,858
Jul 20102034,37872.554.74$164,282
Jun 20108327,01570.364.91$138,494
May 201029929,21971.124.24$145,014
Apr 201030929,21581.694.12$145,687
Mar 201031530,46478.394.39$158,389
Feb 201026128,68173.585.44$175,297
Jan 2010032,88874.365.96$196,147
Dec 2009034,01971.445.48$186,552
Nov 2009034,23474.593.75$128,429
Oct 2009036,73972.544.11$151,006
Sep 2009038,08465.543.06$116,718
Aug 2009041,72267.423.22$134,282
Jul 2009046,86361.133.46$162,357
Jun 2009245,55066.163.90$177,550
May 20093352,58354.743.93$208,234
Apr 20093764,05946.773.59$231,542
Mar 200933693,05042.144.06$391,849
Feb 2009053532.814.63$2,479
Jan 20090035.865.37$0
Dec 200843082,81137.105.98$510,926

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                4,226 Mcf  × $  3.05 =    $12,872

────────────────────────────────────────────────────
Month total                                  $12,872

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/245744 is the state's own key, not one this site invented.