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 254400District 04Field 047892502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jun 2008 – May 2026
Value, last 12 filed months
$218 k
at the published price for each month
Months reported
216
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 Gas112011-05-13201094
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
CondensateDisposition2,986 bbl$298,323
GasProduction614,988 Mcf$2,551,948
Total$2,850,271

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 27.4133, -99.1420. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41334, -99.14204 · 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
11,200 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 11,200 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-479370579111,200 ftJun 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 (216)

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

216 months

May 2026104,087106.413.05$13,512
Apr 2026184,07398.932.87$13,469
Mar 2026124,49989.753.15$15,246
Feb 202674,22163.503.75$16,275
Jan 202674,50959.138.00$36,477
Dec 202544,21256.664.41$18,816
Nov 2025164,36258.593.93$18,065
Oct 202594,68159.383.30$16,004
Sep 202595,03762.743.08$16,063
Aug 202586,07663.933.01$18,829
Jul 2025225,09866.743.32$18,369
Jun 202505,28666.483.13$16,538
May 2025205,75060.553.23$19,797
Apr 2025176,01562.363.54$22,372
Mar 2025176,90567.704.27$30,624
Feb 2025126,40870.884.34$28,667
Jan 2025267,26374.324.28$33,008
Dec 2024308,00268.993.12$27,047
Nov 2024178,50769.052.20$19,876
Oct 2024369,64371.372.28$24,569
Sep 20241910,54269.612.36$26,248
Aug 20242911,39575.632.06$25,708
Jul 20243812,96179.932.15$30,859
Jun 20243015,64778.082.63$43,556
May 20242222,56078.812.20$51,331
Apr 202497,02784.451.66$12,419
Mar 2024366480.301.55$1,267
Feb 2024365776.091.78$1,400
Jan 2024269373.023.30$2,431
Dec 2023369571.262.61$2,028
Nov 2023168277.892.81$1,993
Oct 2023462585.443.09$2,271
Sep 2023271589.042.74$2,134
Aug 2023285680.522.67$2,449
Jul 2023390074.852.64$2,602
Jun 202321,54968.962.26$3,636
May 202381,88470.622.23$4,761
Apr 202371,99678.122.24$5,013
Mar 202382,02972.852.39$5,439
Feb 202341,79675.112.47$4,729
Jan 202351,85376.533.39$6,660
Dec 202281,74476.415.73$10,603
Nov 202251,85485.005.65$10,893
Oct 202271,90187.185.86$11,757
Sep 202211,75384.888.16$14,396
Aug 202231,85694.529.13$17,224
Jul 202261,830101.587.54$14,411
Jun 202231,687115.097.98$13,803
May 202231,746109.378.43$15,052
Apr 202241,606104.226.84$11,398
Mar 202241,613108.885.08$8,624
Feb 202231,30691.054.86$6,619
Jan 202231,12481.844.54$5,346
Dec 2021395671.323.90$3,942
Nov 2021277577.435.24$4,213
Oct 2021373079.795.71$4,411
Sep 2021071869.865.35$3,842
Aug 2021272766.024.22$3,200
Jul 2021170770.783.98$2,886
Jun 2021062069.493.38$2,096
May 2021268063.483.02$2,179
Apr 2021268560.362.76$2,010
Mar 2021263761.302.72$1,853
Feb 2021163657.805.55$3,586
Jan 2021163950.412.81$1,846
Dec 2020165144.642.68$1,786
Nov 2020272038.772.71$2,026
Oct 2020173636.972.48$1,861
Sep 2020069437.091.99$1,382
Aug 2020170339.982.39$1,717
Jul 2020260338.371.83$1,177
Jun 2020260134.901.69$1,086
May 2020056916.921.81$1,033
Apr 2020260114.751.80$1,114
Mar 2020155530.341.86$1,061
Feb 2020060549.881.98$1,198
Jan 2020269857.252.09$1,577
Dec 2019270059.012.30$1,731
Nov 2019371755.302.75$2,138
Oct 2019374453.472.42$1,960
Sep 2019381455.052.66$2,328
Aug 2019387153.112.30$2,166
Jul 2019384356.272.46$2,243
Jun 2019375452.782.49$2,037
May 201941,06958.482.74$3,163
Apr 2019394462.632.75$2,785
Mar 2019393656.803.06$3,037
Feb 2019483250.852.79$2,527
Jan 2019493246.033.23$3,193
Dec 201831,00546.594.19$4,346
Nov 2018395052.934.24$4,184
Oct 2018399961.443.40$3,579
Sep 2018393159.543.11$3,072
Aug 2018199959.403.07$3,123
Jul 201831,05765.142.93$3,294
Jun 201821,07460.183.08$3,425
May 201841,10665.382.90$3,470
Apr 2018372063.842.90$2,280
Mar 201821,13261.222.79$3,277
Feb 201841,03561.782.77$3,110
Jan 2018379262.874.01$3,364
Dec 2017497057.272.92$3,063
Nov 2017296655.423.12$3,123
Oct 201731,07349.292.98$3,349
Sep 201731,09847.523.09$3,532
Aug 201721,09045.373.00$3,366
Jul 201721,24543.873.09$3,931
Jun 201701,24442.493.09$3,841
May 201701,22745.373.26$4,004
Apr 201701,13047.933.21$3,629
Mar 2017098546.772.98$2,939
Feb 201701,13150.452.95$3,339
Jan 201701,29149.413.42$4,414
Dec 201601,19748.763.72$4,456
Nov 201601,15442.492.64$3,052
Oct 201601,22246.193.09$3,776
Sep 2016092641.553.10$2,871
Aug 201601,19041.442.92$3,480
Jul 201601,21341.622.92$3,547
Jun 201601,25245.352.69$3,363
May 201601,20542.521.99$2,399
Apr 201601,17136.561.99$2,332
Mar 201601,37133.011.79$2,460
Feb 201601,17226.472.06$2,419
Jan 201601,17627.352.36$2,780
Dec 201501,46132.362.00$2,924
Nov 201501,28538.792.17$2,785
Oct 201501,42643.552.43$3,460
Sep 201501,43742.992.76$3,964
Aug 201501,61240.162.87$4,630
Jul 201501,23648.152.95$3,640
Jun 201501,42956.152.88$4,120
May 201501,54255.212.96$4,557
Apr 201501,44449.822.71$3,908
Mar 201501,46542.892.93$4,299
Feb 201501,42944.662.98$4,253
Jan 201501,50143.433.10$4,654
Dec 201401,49554.693.59$5,369
Nov 201401,58770.464.25$6,748
Oct 201401,57578.303.90$6,144
Sep 201401,38986.164.05$5,619
Aug 201401,60589.394.04$6,476
Jul 201401,59096.564.18$6,646
Jun 201401,71698.164.74$8,128
May 201401,14294.734.73$5,398
Apr 201401,47995.944.81$7,113
Mar 201401,57195.895.06$7,944
Feb 201401,23597.406.19$7,647
Jan 201401,69290.404.86$8,224
Dec 201301,71391.824.35$7,459
Nov 201301,53088.853.74$5,720
Oct 201301,69897.423.78$6,417
Sep 201301,614104.113.72$6,000
Aug 201301,872104.253.52$6,594
Jul 201301,930102.523.72$7,175
Jun 201311,82694.403.93$7,277
May 201371,95594.834.15$8,775
Apr 201361,90493.964.28$8,718
Mar 201362,04493.623.91$8,560
Feb 201371,73991.233.42$6,586
Jan 201361,93391.603.42$7,160
Dec 2012112,07486.773.42$8,048
Nov 2012181,82086.953.62$8,163
Oct 2012352,36089.383.40$11,152
Sep 2012342,18094.672.92$9,581
Aug 2012302,18192.662.91$9,123
Jul 2012312,61885.133.02$10,547
Jun 2012312,67879.822.52$9,220
May 201202,01891.612.49$5,021
Apr 201202,415101.652.00$4,822
Mar 201202,660105.052.22$5,911
Feb 201202,456101.102.57$6,313
Jan 201202,80298.092.73$7,661
Dec 201102,74296.873.24$8,883
Nov 201102,52695.723.31$8,364
Oct 201102,89984.983.65$10,577
Sep 201102,93683.623.99$11,702
Aug 201102,54683.404.15$10,564
Jul 201102,36794.144.52$10,692
Jun 201102,42892.904.64$11,266
May 201102,76698.134.40$12,184
Apr 201102,973105.964.33$12,883
Mar 201103,23996.364.06$13,142
Feb 201103,00185.644.18$12,544
Jan 201113,02086.504.59$13,945
Dec 2010133,63285.734.35$16,906
Nov 2010133,58380.843.80$14,650
Oct 2010103,61778.103.51$13,473
Sep 2010103,48672.633.98$14,599
Aug 2010103,50073.684.42$16,205
Jul 201093,60372.554.74$17,719
Jun 201093,61470.364.91$18,379
May 201073,97071.124.24$17,312
Apr 2010133,72881.694.12$16,431
Mar 2010113,90578.394.39$18,000
Feb 2010123,77173.585.44$21,406
Jan 201094,33074.365.96$26,494
Dec 2009124,44471.445.48$25,227
Nov 200904,50774.593.75$16,908
Oct 200904,54372.544.11$18,673
Sep 200904,61165.543.06$14,132
Aug 200904,35067.423.22$14,000
Jul 200906,11661.133.46$21,189
Jun 200906,61766.163.90$25,773
May 200936,98054.743.93$27,566
Apr 200947,14846.773.59$25,831
Mar 200937,74642.144.06$31,567
Feb 200927,32332.814.63$33,993
Jan 200948,95335.865.37$48,230
Dec 2008139,98637.105.98$60,170
Nov 200817410,89755.496.86$84,413
Oct 200818313,46575.246.92$106,973
Sep 200826415,367101.767.88$147,912
Aug 200815611,325114.228.48$113,889
Jul 200828815,486131.0811.39$214,128
Jun 20088583,298131.3313.03$155,663

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            10 bbl  × $106.41 =     $1,064
Gas                4,087 Mcf  × $  3.05 =    $12,448

────────────────────────────────────────────────────
Month total                                  $13,512

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/254400 is the state's own key, not one this site invented.