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 247383District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Aug 2008 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
214
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 Gas112010-11-17199992
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
CondensateDisposition5,137 bbl$350,833
GasProduction1,121,971 Mcf$4,902,608
Total$5,253,441

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 27.3793, -99.1925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.37927, -99.19250 · 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
10,320 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 10,320 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4794020919610,320 ftAug 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 (214)

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

214 months

May 202641,836106.413.05$6,018
Apr 202671,62398.932.87$5,350
Mar 202631,70489.753.15$5,636
Feb 202631,01463.503.75$3,993
Jan 202621,59059.138.00$12,835
Dec 202511,38056.664.41$6,147
Nov 202551,32458.593.93$5,492
Oct 202531,55459.383.30$5,314
Sep 202531,68962.743.08$5,385
Aug 202531,76163.933.01$5,501
Jul 202571,81366.743.32$6,478
Jun 202501,74466.483.13$5,456
May 202571,91060.553.23$6,598
Apr 202552,01662.363.54$7,455
Mar 202541,89367.704.27$8,351
Feb 202531,38270.884.34$6,212
Jan 202561,75374.324.28$7,946
Dec 202471,81668.993.12$6,151
Nov 202431,91069.052.20$4,406
Oct 202461,89071.372.28$4,740
Sep 202431,80169.612.36$4,467
Aug 202441,96075.632.06$4,347
Jul 202441,27179.932.15$3,048
Jun 202451,55478.082.63$4,484
May 202441,71478.812.20$4,083
Apr 202452,00284.451.66$3,744
Mar 202462,08680.301.55$3,705
Feb 202481,94076.091.78$4,069
Jan 202442,03773.023.30$7,009
Dec 202372,08471.262.61$5,940
Nov 202321,90077.892.81$5,490
Oct 202362,10285.443.09$7,002
Sep 202342,05689.042.74$5,979
Aug 202342,42380.522.67$6,798
Jul 202341,47974.852.64$4,207
Jun 202321,63168.962.26$3,822
May 202361,81070.622.23$4,455
Apr 202371,82578.122.24$4,631
Mar 2023102,19372.852.39$5,977
Feb 202362,43875.112.47$6,462
Jan 202361,95376.533.39$7,075
Dec 202281,31476.415.73$8,139
Nov 202271,98485.005.65$11,797
Oct 202282,09887.185.86$13,000
Sep 202222,00784.888.16$16,554
Aug 202262,20994.529.13$20,729
Jul 202292,213101.587.54$17,605
Jun 202262,105115.097.98$17,483
May 202262,264109.378.43$19,749
Apr 202272,119104.226.84$15,218
Mar 202272,318108.885.08$12,529
Feb 202262,12191.054.86$10,852
Jan 202252,36581.844.54$11,141
Dec 202161,84071.323.90$7,602
Nov 202131,45877.435.24$7,868
Oct 202181,71779.795.71$10,449
Sep 202131,56869.865.35$8,600
Aug 202172,27566.024.22$10,064
Jul 202172,60070.783.98$10,849
Jun 202142,34369.493.38$8,199
May 2021102,93063.483.02$9,477
Apr 2021103,07460.362.76$9,083
Mar 202192,37961.302.72$7,015
Feb 202152,11857.805.55$12,040
Jan 202152,26550.412.81$6,617
Dec 202042,08244.642.68$5,749
Nov 202061,99238.772.71$5,624
Oct 202061,96536.972.48$5,092
Sep 202031,96337.091.99$4,020
Aug 202022,18339.982.39$5,287
Jul 202082,22338.371.83$4,364
Jun 202072,14734.901.69$3,873
May 202002,29516.921.81$4,165
Apr 202082,34514.751.80$4,349
Mar 202052,53530.341.86$4,857
Feb 202042,30349.881.98$4,761
Jan 202082,60457.252.09$5,913
Dec 201982,45259.012.30$6,122
Nov 201982,54655.302.75$7,446
Oct 201982,49553.472.42$6,462
Sep 201992,58655.052.66$7,367
Aug 2019112,91053.112.30$7,290
Jul 201972,80056.272.46$7,282
Jun 201972,78252.782.49$7,300
May 201992,41058.482.74$7,130
Apr 201992,28262.632.75$6,841
Mar 201982,84056.803.06$9,151
Feb 2019122,73450.852.79$8,244
Jan 2019133,25146.033.23$11,093
Dec 2018103,20346.594.19$13,872
Nov 2018102,96452.934.24$13,088
Oct 201893,52561.443.40$12,531
Sep 201893,77859.543.11$12,278
Aug 2018167459.403.07$2,126
Jul 2018013565.142.93$396
Jun 2018015060.183.08$462
May 201813,46965.382.90$10,128
Apr 201813,39163.842.90$9,900
Mar 201813,54861.222.79$9,949
Feb 201811,79161.782.77$5,016
Jan 201811,99962.874.01$8,078
Dec 201711,98157.272.92$5,845
Nov 201701,93255.423.12$6,025
Oct 201712,01249.292.98$6,052
Sep 201701,95947.523.09$6,048
Aug 201722,04145.373.00$6,223
Jul 201742,02643.873.09$6,430
Jun 201702,06842.493.09$6,385
May 201703,00745.373.26$9,813
Apr 201703,12647.933.21$10,039
Mar 201703,08346.772.98$9,199
Feb 201702,77150.452.95$8,182
Jan 201703,29249.413.42$11,255
Dec 201603,33948.763.72$12,431
Nov 201603,26442.492.64$8,631
Oct 201603,13246.193.09$9,679
Sep 201602,83441.553.10$8,787
Aug 201603,18841.442.92$9,323
Jul 201603,13541.622.92$9,168
Jun 201603,41045.352.69$9,159
May 201603,43342.521.99$6,835
Apr 201603,39436.561.99$6,758
Mar 201603,63333.011.79$6,518
Feb 201603,85526.472.06$7,955
Jan 201603,91627.352.36$9,259
Dec 201502,08832.362.00$4,179
Nov 201503,80238.792.17$8,240
Oct 201503,77643.552.43$9,163
Sep 201503,79142.992.76$10,457
Aug 201504,11040.162.87$11,806
Jul 201504,20048.152.95$12,369
Jun 201503,73356.152.88$10,762
May 201504,17855.212.96$12,348
Apr 201503,90749.822.71$10,575
Mar 201504,04942.892.93$11,883
Feb 201503,46344.662.98$10,307
Jan 201503,85043.433.10$11,937
Dec 201404,20754.693.59$15,109
Nov 201404,27770.464.25$18,185
Oct 201404,69078.303.90$18,296
Sep 201404,64486.164.05$18,787
Aug 201405,09389.394.04$20,551
Jul 201405,13696.564.18$21,466
Jun 201405,27098.164.74$24,963
May 201404,77994.734.73$22,588
Apr 201404,25695.944.81$20,468
Mar 201404,21695.895.06$21,319
Feb 201403,65897.406.19$22,650
Jan 201404,82990.404.86$23,472
Dec 201305,01691.824.35$21,842
Nov 201305,09788.853.74$19,054
Oct 201305,54297.423.78$20,945
Sep 201304,926104.113.72$18,314
Aug 201305,653104.253.52$19,913
Jul 201305,762102.523.72$21,422
Jun 201305,95294.403.93$23,412
May 201306,43494.834.15$26,695
Apr 201306,09593.964.28$26,102
Mar 201306,51093.623.91$25,473
Feb 201305,99391.233.42$20,496
Jan 201307,30391.603.42$24,976
Dec 201207,67086.773.42$26,233
Nov 201207,83886.953.62$28,412
Oct 2012010,57289.383.40$35,941
Sep 201208,83894.672.92$25,793
Aug 2012010,65692.662.91$30,989
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201280105.052.22$840
Feb 2012373,229101.102.57$12,040
Jan 2012703,33698.092.73$15,987
Dec 20111877,38596.873.24$42,040
Nov 20111295,83395.723.31$31,663
Oct 20111064,98084.983.65$27,178
Sep 2011796,35983.623.99$31,952
Aug 20111057,28283.404.15$38,972
Jul 2011917,05194.144.52$40,418
Jun 2011327,28192.904.64$36,756
May 201109,66198.134.40$42,555
Apr 201106,471105.964.33$28,041
Mar 201106,68696.364.06$27,127
Feb 201107,70985.644.18$32,223
Jan 201109,22786.504.59$42,341
Dec 201009,11885.734.35$39,643
Nov 201009,81780.843.80$37,259
Oct 2010010,60478.103.51$37,208
Sep 201009,66472.633.98$38,458
Aug 201007,66873.684.42$33,888
Jul 20101510,19572.554.74$49,377
Jun 20109110,16370.364.91$56,307
May 201014110,86471.124.24$56,039
Apr 201027610,19181.694.12$64,561
Mar 201028112,34378.394.39$76,197
Feb 201029711,53473.585.44$84,625
Jan 201022913,41174.365.96$97,013
Dec 200932013,84571.445.48$98,783
Nov 200911714,08674.593.75$61,571
Oct 200911414,84872.544.11$69,299
Sep 200911314,79965.543.06$52,761
Aug 200911216,89067.423.22$61,912
Jul 200914117,85461.133.46$70,475
Jun 200916917,63166.163.90$79,854
May 200924019,62554.743.93$90,180
Apr 200928819,76046.773.59$84,359
Mar 200927021,79842.144.06$99,856
Feb 200916321,99232.814.63$107,237
Jan 200925227,04835.865.37$154,312
Dec 20081530,57637.105.98$183,314
Nov 20082129,36855.496.86$202,640
Oct 20082541,09275.246.92$286,319
Sep 20083855,981101.767.88$444,834
Aug 2008028,129114.228.48$238,619

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             4 bbl  × $106.41 =       $426
Gas                1,836 Mcf  × $  3.05 =     $5,592

────────────────────────────────────────────────────
Month total                                   $6,018

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/247383 is the state's own key, not one this site invented.