BMT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the B.M.T. (MIDDLE WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254387District 04Field 047892502 tax incentive programmesCondensateGasSaveExport
Value, all time
$297 k
May 2009 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
205
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 57 leases and 57 wells, and the rule below applies to all of them.

Discovered
1996-04-17
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/97.

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 Gas112011-05-13201095
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
CondensateDisposition1,426 bbl$103,867
GasProduction53,990 Mcf$193,381
Total$297,248

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 27.4440, -99.1499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44397, -99.14988 · 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
11,398 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 11,398 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-479367115611,398 ftMay 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 (205)

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

205 months

May 20260347106.413.05$1,057
Apr 2026118998.932.87$641
Mar 2026018589.753.15$583
Feb 202605963.503.75$221
Jan 202607559.138.00$600
Dec 202501156.664.41$49
Nov 2025116658.593.93$710
Oct 2025022159.383.30$730
Sep 2025011562.743.08$354
Aug 2025012063.933.01$362
Jul 2025113666.743.32$518
Jun 2025029966.483.13$935
May 2025135460.553.23$1,205
Apr 2025128862.363.54$1,083
Mar 2025124467.704.27$1,109
Feb 2025129970.884.34$1,369
Jan 2025131174.324.28$1,405
Dec 2024121068.993.12$724
Nov 2024037569.052.20$824
Oct 2024110271.372.28$304
Sep 2024133269.612.36$855
Aug 2024137375.632.06$845
Jul 2024132879.932.15$784
Jun 2024117578.082.63$539
May 2024046878.812.20$1,029
Apr 2024128884.451.66$562
Mar 2024053580.301.55$827
Feb 2024044276.091.78$788
Jan 2024124173.023.30$868
Dec 2023126071.262.61$750
Nov 2023119377.892.81$620
Oct 20230685.443.09$19
Sep 2023125489.042.74$784
Aug 2023010180.522.67$270
Jul 20230874.852.64$21
Jun 2023012968.962.26$291
May 20230170.622.23$2
Apr 2023013578.122.24$302
Mar 20230072.852.39$0
Feb 2023126875.112.47$736
Jan 2023113876.533.39$544
Dec 2022015076.415.73$859
Nov 2022120085.005.65$1,214
Oct 2022120887.185.86$1,307
Sep 2022121384.888.16$1,824
Aug 2022118694.529.13$1,792
Jul 20221222101.587.54$1,776
Jun 20221248115.097.98$2,093
May 20220220109.378.43$1,855
Apr 20221344104.226.84$2,456
Mar 20221211108.885.08$1,180
Feb 20220691.054.86$29
Jan 2022118781.844.54$930
Dec 2021133271.323.90$1,366
Nov 2021120377.435.24$1,141
Oct 20210279.795.71$11
Sep 2021015669.865.35$835
Aug 202104166.024.22$173
Jul 20210070.783.98$0
Jun 2021015869.493.38$534
May 20210063.483.02$0
Apr 202109160.362.76$251
Mar 2021119961.302.72$602
Feb 2021012357.805.55$682
Jan 2021016050.412.81$450
Dec 20200144.642.68$3
Nov 20200138.772.71$3
Oct 202007136.972.48$176
Sep 2020128937.091.99$613
Aug 2020134139.982.39$853
Jul 2020214338.371.83$338
Jun 2020026434.901.69$446
May 2020040216.921.81$730
Apr 2020015014.751.80$271
Mar 2020129030.341.86$569
Feb 2020314349.881.98$433
Jan 2020024657.252.09$515
Dec 2019027559.012.30$634
Nov 2019144055.302.75$1,266
Oct 2019122253.472.42$590
Sep 2019121055.052.66$613
Aug 2019118253.112.30$473
Jul 2019116356.272.46$457
Jun 2019136052.782.49$950
May 2019129858.482.74$875
Apr 2019116162.632.75$505
Mar 20191056.803.06$57
Feb 2019014550.852.79$405
Jan 2019134646.033.23$1,163
Dec 2018117646.594.19$783
Nov 201805552.934.24$233
Oct 2018135461.443.40$1,264
Sep 2018139659.543.11$1,290
Aug 2018135459.403.07$1,145
Jul 2018133965.142.93$1,059
Jun 2018057760.183.08$1,775
May 2018114065.382.90$471
Apr 2018114463.842.90$482
Mar 2018129861.222.79$892
Feb 2018393861.782.77$2,780
Jan 2018011562.874.01$461
Dec 2017129957.272.92$931
Nov 201719255.423.12$342
Oct 2017029649.292.98$883
Sep 2017122947.523.09$755
Aug 2017126645.373.00$845
Jul 2017037543.873.09$1,158
Jun 20170342.493.09$9
May 2017015545.373.26$506
Apr 2017015747.933.21$504
Mar 2017014346.772.98$427
Feb 2017027450.452.95$809
Jan 2017013849.413.42$472
Dec 2016034948.763.72$1,299
Nov 2016028842.492.64$762
Oct 2016031446.193.09$970
Sep 2016028641.553.10$887
Aug 2016026241.442.92$766
Jul 2016022241.622.92$649
Jun 2016016845.352.69$451
May 2016029442.521.99$585
Apr 2016015536.561.99$309
Mar 2016029033.011.79$520
Feb 2016031826.472.06$656
Jan 2016024127.352.36$570
Dec 2015047832.362.00$957
Nov 2015019438.792.17$420
Oct 2015033943.552.43$823
Sep 20150042.992.76$0
Aug 2015073440.162.87$2,108
Jul 2015041748.152.95$1,228
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120279.822.52$5
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012094105.052.22$209
Feb 20120300101.102.57$771
Jan 2012034998.092.73$954
Dec 2011022196.873.24$716
Nov 2011041595.723.31$1,374
Oct 2011014984.983.65$544
Sep 2011033983.623.99$1,351
Aug 2011050983.404.15$2,112
Jul 2011044294.144.52$1,997
Jun 2011040492.904.64$1,875
May 2011054498.134.40$2,396
Apr 20110571105.964.33$2,474
Mar 2011070096.364.06$2,840
Feb 2011499385.644.18$4,493
Jan 20112444586.504.59$4,118
Dec 20104069485.734.35$6,447
Nov 20102540080.843.80$3,539
Oct 20102447078.103.51$3,524
Sep 20102857772.633.98$4,330
Aug 20102542473.684.42$3,716
Jul 20102762772.554.74$4,929
Jun 20103769170.364.91$5,996
May 20105771371.124.24$7,074
Apr 201012277781.694.12$13,170
Mar 201012593278.394.39$13,889
Feb 201014091673.585.44$15,286
Jan 20101171,20274.365.96$15,869
Dec 200912692471.445.48$14,068
Nov 2009651,13374.593.75$9,099
Oct 2009611,11672.544.11$9,012
Sep 2009681,26065.543.06$8,318
Aug 2009771,59967.423.22$10,338
Jul 20091102,24861.133.46$14,513
Jun 2009581,36466.163.90$9,150
May 20090054.743.93$0

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                  347 Mcf  × $  3.05 =     $1,057

────────────────────────────────────────────────────
Month total                                   $1,057

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/254387 is the state's own key, not one this site invented.