B.M.T. C

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 250369District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$507 k
Mar 2008 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
219
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 Gas112010-11-17199991
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
CondensateDisposition191 bbl$7,320
GasProduction84,285 Mcf$499,299
Total$506,618

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 27.4369, -99.0909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43689, -99.09086 · 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
9,624 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 9,624 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-4794003699,624 ftMar 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 (219)

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

219 months

May 20260113106.413.05$344
Apr 2026012598.932.87$359
Mar 2026013389.753.15$419
Feb 202609163.503.75$341
Jan 2026012059.138.00$960
Dec 2025012656.664.41$556
Nov 2025010158.593.93$397
Oct 2025012259.383.30$403
Sep 202507762.743.08$237
Aug 2025013263.933.01$398
Jul 2025012066.743.32$398
Jun 2025011466.483.13$357
May 2025013460.553.23$433
Apr 2025011962.363.54$422
Mar 2025014567.704.27$619
Feb 2025010870.884.34$469
Jan 2025012274.324.28$522
Dec 2024015368.993.12$478
Nov 2024017569.052.20$385
Oct 2024014971.372.28$340
Sep 2024016069.612.36$378
Aug 2024011475.632.06$235
Jul 202409979.932.15$213
Jun 202409678.082.63$253
May 2024017978.812.20$394
Apr 2024019384.451.66$320
Mar 2024021480.301.55$331
Feb 2024019876.091.78$353
Jan 2024013673.023.30$448
Dec 2023014071.262.61$366
Nov 2023014777.892.81$413
Oct 2023021585.443.09$664
Sep 202306489.042.74$175
Aug 2023013880.522.67$369
Jul 202302674.852.64$69
Jun 20230068.962.26$0
May 20230670.622.23$13
Apr 2023011578.122.24$257
Mar 2023024672.852.39$589
Feb 2023018075.112.47$444
Jan 2023015476.533.39$522
Dec 202201976.415.73$109
Nov 2022015785.005.65$886
Oct 20220087.185.86$0
Sep 202203284.888.16$261
Aug 202205394.529.13$484
Jul 2022063101.587.54$475
Jun 2022056115.097.98$447
May 20220153109.378.43$1,290
Apr 20220146104.226.84$998
Mar 2022072108.885.08$366
Feb 202202791.054.86$131
Jan 20220081.844.54$0
Dec 202106071.323.90$234
Nov 2021019177.435.24$1,000
Oct 202105679.795.71$320
Sep 2021020269.865.35$1,081
Aug 202102566.024.22$106
Jul 20210170.783.98$4
Jun 20210069.493.38$0
May 202101463.483.02$42
Apr 202104460.362.76$121
Mar 2021026761.302.72$725
Feb 2021015657.805.55$865
Jan 202108150.412.81$228
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200238.371.83$4
Jun 202005134.901.69$86
May 202004416.921.81$80
Apr 2020841014.751.80$1,257
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190159.012.30$2
Nov 201901455.302.75$39
Oct 20190053.472.42$0
Sep 2019013955.052.66$369
Aug 20190253.112.30$5
Jul 20190956.272.46$22
Jun 20190052.782.49$0
May 20190858.482.74$22
Apr 201901362.632.75$36
Mar 201903956.803.06$119
Feb 201904250.852.79$117
Jan 201901446.033.23$45
Dec 201802846.594.19$117
Nov 201807252.934.24$305
Oct 201805561.443.40$187
Sep 2018017759.543.11$550
Aug 201805159.403.07$156
Jul 2018014765.142.93$431
Jun 2018017760.183.08$545
May 2018020065.382.90$580
Apr 2018019563.842.90$566
Mar 2018014861.222.79$412
Feb 201809261.782.77$254
Jan 2018020362.874.01$814
Dec 2017010157.272.92$295
Nov 2017016055.423.12$499
Oct 2017012249.292.98$364
Sep 2017017647.523.09$543
Aug 2017021845.373.00$655
Jul 2017024743.873.09$763
Jun 2017020942.493.09$645
May 2017022845.373.26$744
Apr 20174422447.933.21$2,828
Mar 2017018446.772.98$549
Feb 2017012650.452.95$372
Jan 2017026549.413.42$906
Dec 2016022848.763.72$849
Nov 2016023642.492.64$624
Oct 2016025746.193.09$794
Sep 2016024941.553.10$772
Aug 2016024941.442.92$728
Jul 2016027341.622.92$798
Jun 2016024545.352.69$658
May 2016027542.521.99$548
Apr 2016016536.561.99$329
Mar 2016039833.011.79$714
Feb 2016029126.472.06$601
Jan 20162832727.352.36$1,539
Dec 2015027732.362.00$554
Nov 2015025838.792.17$559
Oct 2015032943.552.43$798
Sep 2015028542.992.76$786
Aug 2015032540.162.87$934
Jul 2015026348.152.95$775
Jun 2015033756.152.88$972
May 2015034955.212.96$1,031
Apr 201501,25549.822.71$3,397
Mar 2015068342.892.93$2,004
Feb 2015033144.662.98$985
Jan 2015033043.433.10$1,023
Dec 2014042454.693.59$1,523
Nov 2014020470.464.25$867
Oct 2014031078.303.90$1,209
Sep 2014026786.164.05$1,080
Aug 2014034089.394.04$1,372
Jul 2014038296.564.18$1,597
Jun 2014030598.164.74$1,445
May 201401,01094.734.73$4,774
Apr 2014031095.944.81$1,491
Mar 2014032195.895.06$1,623
Feb 2014025697.406.19$1,585
Jan 2014045090.404.86$2,187
Dec 2013089491.824.35$3,893
Nov 201301,31488.853.74$4,912
Oct 201302,55797.423.78$9,664
Sep 20130487104.113.72$1,811
Aug 20130413104.253.52$1,455
Jul 20130767102.523.72$2,852
Jun 201301,45094.403.93$5,703
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201335191.603.42$3,209
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012025989.383.40$881
Sep 2012044194.672.92$1,287
Aug 2012048992.662.91$1,422
Jul 2012041585.133.02$1,254
Jun 2012041579.822.52$1,045
May 2012044591.612.49$1,107
Apr 20120366101.652.00$731
Mar 20120390105.052.22$867
Feb 20120353101.102.57$907
Jan 2012040998.092.73$1,118
Dec 2011044296.873.24$1,432
Nov 2011039295.723.31$1,298
Oct 2011035484.983.65$1,292
Sep 2011036783.623.99$1,463
Aug 2011041583.404.15$1,722
Jul 2011036694.144.52$1,653
Jun 2011040792.904.64$1,888
May 2011059998.134.40$2,638
Apr 20110414105.964.33$1,794
Mar 2011036496.364.06$1,477
Feb 2011030085.644.18$1,254
Jan 2011035086.504.59$1,606
Dec 2010038585.734.35$1,674
Nov 2010030180.843.80$1,142
Oct 201009078.103.51$316
Sep 2010036272.633.98$1,441
Aug 2010038173.684.42$1,684
Jul 2010045172.554.74$2,136
Jun 2010046970.364.91$2,303
May 2010057671.124.24$2,439
Apr 2010049781.694.12$2,049
Mar 2010036678.394.39$1,606
Feb 2010053573.585.44$2,912
Jan 2010069674.365.96$4,151
Dec 2009053671.445.48$2,939
Nov 2009062074.593.75$2,326
Oct 2009059672.544.11$2,450
Sep 2009055765.543.06$1,707
Aug 2009062167.423.22$1,999
Jul 2009077761.133.46$2,692
Jun 2009053566.163.90$2,084
May 2009062954.743.93$2,469
Apr 2009084346.773.59$3,024
Mar 2009088142.144.06$3,576
Feb 2009094932.814.63$4,397
Jan 2009079335.865.37$4,259
Dec 2008092637.105.98$5,535
Nov 200801,16455.496.86$7,985
Oct 200801,22275.246.92$8,459
Sep 200801,345101.767.88$10,595
Aug 200801,587114.228.48$13,463
Jul 200801,769131.0811.39$20,148
Jun 200802,085131.3313.03$27,173
May 200802,400123.1711.57$27,778
Apr 2008011,247110.3110.45$117,586
Mar 200806,298101.909.66$60,864

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                  113 Mcf  × $  3.05 =       $344

────────────────────────────────────────────────────
Month total                                     $344

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/250369 is the state's own key, not one this site invented.