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 253810District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Aug 2009 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
202
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 Gas112010-11-17199618
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
CondensateDisposition4,700 bbl$349,075
GasProduction987,158 Mcf$3,632,103
Total$3,981,178

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 27.3831, -99.1784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38311, -99.17842 · 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
10,441 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 10,441 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-4794059119410,441 ftAug 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 (202)

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

202 months

May 202651,906106.413.05$6,337
Apr 202681,83298.932.87$6,049
Mar 202651,95889.753.15$6,615
Feb 202631,79063.503.75$6,904
Jan 202631,98759.138.00$16,069
Dec 202522,04556.664.41$9,139
Nov 202571,91158.593.93$7,914
Oct 202531,98859.383.30$6,748
Sep 202531,94662.743.08$6,176
Aug 202532,04663.933.01$6,360
Jul 202582,04266.743.32$7,304
Jun 202501,95666.483.13$6,120
May 202572,01560.553.23$6,937
Apr 202552,01562.363.54$7,451
Mar 202552,09567.704.27$9,281
Feb 202541,91370.884.34$8,588
Jan 202572,08874.324.28$9,454
Dec 202482,11768.993.12$7,160
Nov 202432,08369.052.20$4,787
Oct 202481,93171.372.28$4,976
Sep 202452,30569.612.36$5,798
Aug 202472,71075.632.06$6,122
Jul 202452,73679.932.15$6,273
Jun 202442,09578.082.63$5,831
May 202441,24678.812.20$3,055
Apr 202463,05484.451.66$5,574
Mar 202431,52980.301.55$2,603
Feb 202451,37076.091.78$2,824
Jan 202421,47173.023.30$4,997
Dec 202361,55571.262.61$4,487
Nov 202311,60477.892.81$4,581
Oct 202371,86785.443.09$6,362
Sep 202342,32189.042.74$6,704
Aug 202342,64080.522.67$7,378
Jul 202362,21174.852.64$6,290
Jun 202342,36968.962.26$5,626
May 202382,49970.622.23$6,131
Apr 202382,35978.122.24$5,904
Mar 202381,65272.852.39$4,536
Feb 202361,58675.112.47$4,361
Jan 202382,47776.533.39$9,004
Dec 2022112,36676.415.73$14,396
Nov 202282,49085.005.65$14,739
Oct 2022102,61687.185.86$16,211
Sep 202222,40084.888.16$19,763
Aug 202262,69494.529.13$25,156
Jul 2022102,612101.587.54$20,716
Jun 202262,517115.097.98$20,769
May 202262,880109.378.43$24,943
Apr 202292,983104.226.84$21,335
Mar 202282,861108.885.08$15,395
Feb 202262,62291.054.86$13,286
Jan 202262,81081.844.54$13,242
Dec 2021102,90771.323.90$12,048
Nov 202162,69577.435.24$14,578
Oct 2021102,49079.795.71$15,025
Sep 202162,77369.865.35$15,257
Aug 202183,09366.024.22$13,582
Jul 202182,89970.783.98$12,110
Jun 202142,78969.493.38$9,707
May 2021102,81563.483.02$9,130
Apr 2021103,07060.362.76$9,072
Mar 2021133,49061.302.72$10,279
Feb 202183,67657.805.55$20,857
Jan 202151,63850.412.81$4,855
Dec 202062,77344.642.68$7,687
Nov 2020102,88438.772.71$8,193
Oct 202093,25136.972.48$8,390
Sep 202062,96837.091.99$6,132
Aug 202033,08839.982.39$7,485
Jul 2020123,21938.371.83$6,336
Jun 2020103,13134.901.69$5,641
May 202003,13216.921.81$5,684
Apr 2020103,18614.751.80$5,896
Mar 202083,38230.341.86$6,520
Feb 202073,17149.881.98$6,630
Jan 2020113,43757.252.09$7,829
Dec 2019113,22359.012.30$8,076
Nov 2019103,30255.302.75$9,636
Oct 2019123,59353.472.42$9,331
Sep 2019133,77655.052.66$10,750
Aug 2019154,02853.112.30$10,079
Jul 2019114,88956.272.46$12,646
Jun 201951,68852.782.49$4,469
May 201992,01658.482.74$6,051
Apr 201992,40262.632.75$7,171
Mar 201981,56956.803.06$5,259
Feb 2019122,70050.852.79$8,149
Jan 2019133,24246.033.23$11,064
Dec 2018113,39046.594.19$14,701
Nov 2018113,34652.934.24$14,760
Oct 2018113,58361.443.40$12,851
Sep 2018113,30559.543.11$10,927
Aug 201874,04559.403.07$12,820
Jul 201893,23865.142.93$10,080
Jun 201883,62260.183.08$11,626
May 2018123,74565.382.90$11,648
Apr 2018173,48163.842.90$11,183
Mar 201883,82461.222.79$11,147
Feb 2018153,49061.782.77$10,580
Jan 2018133,89762.874.01$16,442
Dec 2017174,15357.272.92$13,107
Nov 201774,25555.423.12$13,657
Oct 2017124,04649.292.98$12,663
Sep 2017103,67647.523.09$11,824
Aug 201763,35545.373.00$10,352
Jul 2017133,50243.873.09$11,382
Jun 2017263,64642.493.09$12,361
May 2017273,52945.373.26$12,742
Apr 2017233,65547.933.21$12,841
Mar 2017163,69346.772.98$11,767
Feb 2017133,41950.452.95$10,751
Jan 201703,61549.413.42$12,359
Dec 201603,68148.763.72$13,704
Nov 201603,68442.492.64$9,742
Oct 201604,34546.193.09$13,427
Sep 201603,79241.553.10$11,758
Aug 201604,18241.442.92$12,230
Jul 201604,00541.622.92$11,712
Jun 201603,72445.352.69$10,002
May 201604,02742.521.99$8,018
Apr 201603,94636.561.99$7,857
Mar 201604,21333.011.79$7,558
Feb 201604,39526.472.06$9,070
Jan 201604,13927.352.36$9,786
Dec 201503,52032.362.00$7,045
Nov 201503,27038.792.17$7,087
Oct 201504,13743.552.43$10,039
Sep 201503,73042.992.76$10,289
Aug 201503,76640.162.87$10,818
Jul 201504,20048.152.95$12,369
Jun 201504,09456.152.88$11,802
May 201503,77655.212.96$11,160
Apr 201504,27349.822.71$11,565
Mar 201504,71342.892.93$13,831
Feb 201503,78744.662.98$11,271
Jan 201504,61443.433.10$14,306
Dec 201405,03854.693.59$18,093
Nov 201404,53270.464.25$19,269
Oct 201405,43878.303.90$21,213
Sep 201405,79186.164.05$23,427
Aug 201405,35489.394.04$21,604
Jul 201403,96496.564.18$16,568
Jun 201403,74198.164.74$17,721
May 201404,15794.734.73$19,648
Apr 201404,84595.944.81$23,300
Mar 201405,88995.895.06$29,780
Feb 201403,12397.406.19$19,338
Jan 201484,71190.404.86$23,622
Dec 2013515,36991.824.35$28,062
Nov 2013505,45988.853.74$24,850
Oct 2013596,31697.423.78$29,618
Sep 2013475,066104.113.72$23,727
Aug 2013424,996104.253.52$21,977
Jul 2013526,380102.523.72$29,050
Jun 2013135,83794.403.93$24,187
May 2013145,45794.834.15$23,969
Apr 2013145,48093.964.28$24,784
Mar 2013145,80993.623.91$24,041
Feb 2013175,70091.233.42$21,044
Jan 2013145,71191.603.42$20,814
Dec 2012176,10986.773.42$22,369
Nov 201205,44886.953.62$19,749
Oct 201206,78389.383.40$23,060
Sep 201206,20594.672.92$18,109
Aug 201207,12792.662.91$20,726
Jul 201206,78385.133.02$20,490
Jun 201206,06079.822.52$15,265
May 201206,43791.612.49$16,017
Apr 201206,447101.652.00$12,873
Mar 201207,586105.052.22$16,857
Feb 201206,360101.102.57$16,347
Jan 201206,93898.092.73$18,969
Dec 2011217,90596.873.24$27,644
Nov 2011817,81495.723.31$33,628
Oct 2011737,56984.983.65$33,819
Sep 2011478,72883.623.99$38,718
Aug 2011466,67283.404.15$31,521
Jul 2011488,12794.144.52$41,230
Jun 2011208,27792.904.64$40,262
May 20111910,09398.134.40$46,322
Apr 2011175,510105.964.33$25,678
Mar 2011277,73396.364.06$33,977
Feb 2011218,23285.644.18$36,208
Jan 2011158,63886.504.59$40,935
Dec 2010219,77585.734.35$44,300
Nov 20102110,25580.843.80$40,619
Oct 20101711,27478.103.51$40,887
Sep 20101810,95672.633.98$44,906
Aug 20102011,59973.684.42$52,734
Jul 20102612,54672.554.74$61,310
Jun 20107811,90270.364.91$63,932
May 201012212,79671.124.24$62,871
Apr 201024712,42781.694.12$71,410
Mar 201027416,37078.394.39$93,321
Feb 201030416,14073.585.44$110,208
Jan 201023519,26074.365.96$132,343
Dec 200925621,28271.445.48$134,994
Nov 200913925,14374.593.75$104,692
Oct 200940724,97772.544.11$132,185
Sep 200955439,27765.543.06$156,683
Aug 200919716,35667.423.22$65,924

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                1,906 Mcf  × $  3.05 =     $5,805

────────────────────────────────────────────────────
Month total                                   $6,337

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/253810 is the state's own key, not one this site invented.