BMT

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 255820District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Apr 2010 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
194
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 Gas112011-02-14200513
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
CondensateDisposition3,673 bbl$314,130
GasProduction972,310 Mcf$3,735,198
Total$4,049,327

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 27.4061, -99.1566. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40612, -99.15662 · 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
11,169 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 11,169 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-4794078819811,169 ftMay 2011

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 (194)

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

194 months

May 20260163106.413.05$496
Apr 2026117098.932.87$587
Mar 2026016389.753.15$513
Feb 2026015063.503.75$563
Jan 2026015459.138.00$1,232
Dec 2025018856.664.41$830
Nov 2025113858.593.93$600
Oct 2025016159.383.30$532
Sep 2025016062.743.08$492
Aug 2025015563.933.01$467
Jul 2025114766.743.32$554
Jun 2025014466.483.13$451
May 2025115160.553.23$549
Apr 2025015462.363.54$546
Mar 2025018067.704.27$768
Feb 2025017270.884.34$747
Jan 2025118574.324.28$866
Dec 2024119968.993.12$690
Nov 2024017069.052.20$374
Oct 2024113771.372.28$384
Sep 2024026669.612.36$629
Aug 2024114975.632.06$383
Jul 2024124179.932.15$597
Jun 2024129478.082.63$852
May 2024031878.812.20$699
Apr 2024342484.451.66$957
Mar 2024347480.301.55$973
Feb 2024491576.091.78$1,936
Jan 202421,05873.023.30$3,635
Dec 2023346471.262.61$1,425
Nov 202311,17477.892.81$3,374
Oct 202351,16485.443.09$4,021
Sep 202321,15689.042.74$3,340
Aug 202321,10680.522.67$3,117
Jul 202331,18774.852.64$3,360
Jun 202321,14968.962.26$2,733
May 202361,20670.622.23$3,110
Apr 202341,61578.122.24$3,926
Mar 202351,21172.852.39$3,262
Feb 202331,08675.112.47$2,903
Jan 202341,34376.533.39$4,856
Dec 202261,17976.415.73$7,213
Nov 202241,12785.005.65$6,703
Oct 202261,51287.185.86$9,389
Sep 202211,63484.888.16$13,424
Aug 202231,63794.529.13$15,225
Jul 202261,577101.587.54$12,503
Jun 202231,567115.097.98$12,846
May 202231,691109.378.43$14,588
Apr 202251,644104.226.84$11,762
Mar 202251,782108.885.08$9,591
Feb 202261,84491.054.86$9,506
Jan 202261,98781.844.54$9,507
Dec 202192,11271.323.90$8,877
Nov 202162,68377.435.24$14,515
Oct 2021122,34679.795.71$14,362
Sep 202162,61369.865.35$14,401
Aug 202193,13866.024.22$13,838
Jul 2021103,67870.783.98$15,354
Jun 202164,22969.493.38$14,714
May 2021135,56863.483.02$17,628
Apr 202152,34760.362.76$6,776
Mar 2021121861.302.72$654
Feb 202108457.805.55$466
Jan 2021121850.412.81$663
Dec 2020020944.642.68$559
Nov 2020120238.772.71$586
Oct 2020120836.972.48$552
Sep 2020123837.091.99$511
Aug 2020016639.982.39$396
Jul 2020122338.371.83$445
Jun 2020019034.901.69$321
May 2020019516.921.81$354
Apr 2020123414.751.80$437
Mar 2020133230.341.86$647
Feb 202007849.881.98$154
Jan 2020012457.252.09$260
Dec 2019124259.012.30$617
Nov 2019117555.302.75$537
Oct 20190053.472.42$0
Sep 2019017555.052.66$465
Aug 2019120753.112.30$530
Jul 2019124056.272.46$647
Jun 2019022252.782.49$553
May 2019131758.482.74$927
Apr 2019127562.632.75$819
Mar 2019130556.803.06$991
Feb 2019131450.852.79$928
Jan 2019137146.033.23$1,244
Dec 201815146.594.19$260
Nov 2018138452.934.24$1,680
Oct 2018261261.443.40$2,203
Sep 2018278459.543.11$2,556
Aug 2018157459.403.07$1,820
Jul 2018114865.142.93$499
Jun 2018485060.183.08$2,856
May 201882,23965.382.90$7,018
Apr 2018102,45963.842.90$7,771
Mar 201842,38761.222.79$6,897
Feb 2018474061.782.77$2,294
Jan 201861,93362.874.01$8,127
Dec 201761,40157.272.92$4,437
Nov 201731,70955.423.12$5,496
Oct 2017354849.292.98$1,783
Sep 201762,25747.523.09$7,253
Aug 201731,78445.373.00$5,496
Jul 201742,03143.873.09$6,446
Jun 201702,29542.493.09$7,085
May 2017069245.373.26$2,258
Apr 201701,41947.933.21$4,557
Mar 201702,53346.772.98$7,558
Feb 201741,51450.452.95$4,672
Jan 2017201,94049.413.42$7,621
Dec 2016183,27448.763.72$13,066
Nov 2016153,77142.492.64$10,609
Oct 2016191,96546.193.09$6,950
Sep 2016151,94541.553.10$6,654
Aug 2016142,66141.442.92$8,362
Jul 2016133,13541.622.92$9,709
Jun 2016203,16045.352.69$9,394
May 2016123,27542.521.99$7,031
Apr 2016233,41136.561.99$7,632
Mar 2016153,38133.011.79$6,561
Feb 2016202,41226.472.06$5,507
Jan 201662,79627.352.36$6,775
Dec 201502,99532.362.00$5,994
Nov 201503,03538.792.17$6,578
Oct 201502,05743.552.43$4,991
Sep 201503,11442.992.76$8,590
Aug 201503,11540.162.87$8,948
Jul 201503,15848.152.95$9,301
Jun 201503,07556.152.88$8,865
May 201503,46355.212.96$10,235
Apr 201503,14649.822.71$8,515
Mar 201502,80342.892.93$8,226
Feb 201503,20244.662.98$9,530
Jan 201503,20143.433.10$9,925
Dec 201403,49554.693.59$12,552
Nov 201403,54570.464.25$15,073
Oct 201404,16578.303.90$16,248
Sep 201404,26186.164.05$17,238
Aug 201404,31489.394.04$17,408
Jul 201404,28496.564.18$17,905
Jun 201404,02798.164.74$19,075
May 201403,55594.734.73$16,803
Apr 201403,87895.944.81$18,650
Mar 201404,43095.895.06$22,402
Feb 201403,47597.406.19$21,517
Jan 201404,05790.404.86$19,720
Dec 201334,32691.824.35$19,113
Nov 2013214,38088.853.74$18,240
Oct 2013244,95297.423.78$21,053
Sep 2013214,197104.113.72$17,790
Aug 2013225,193104.253.52$20,586
Jul 2013305,546102.523.72$23,694
Jun 2013305,65394.403.93$25,068
May 2013715,96194.834.15$31,466
Apr 2013695,68993.964.28$30,847
Mar 2013665,89293.623.91$29,234
Feb 2013795,31291.233.42$25,374
Jan 2013636,56991.603.42$28,236
Dec 201207,14286.773.42$24,427
Nov 201207,30486.953.62$26,477
Oct 201208,58389.383.40$29,179
Sep 201207,68094.672.92$22,413
Aug 201208,83892.662.91$25,702
Jul 2012010,01285.133.02$30,244
Jun 2012010,13379.822.52$25,525
May 2012011,84291.612.49$29,467
Apr 2012012,597101.652.00$25,154
Mar 2012014,430105.052.22$32,065
Feb 2012015,021101.102.57$38,608
Jan 2012018,01898.092.73$49,263
Dec 20115320,72196.873.24$72,265
Nov 201122024,14595.723.31$101,009
Oct 201130730,38584.983.65$136,950
Sep 201149128,70983.623.99$155,486
Aug 201167333,37883.404.15$194,624
Jul 201163836,94194.144.52$226,933
Jun 201115043,62492.904.64$216,345
May 201115070,30498.134.40$324,396
Apr 201109,530105.964.33$41,296
Mar 20110096.364.06$0
Feb 201108,41885.644.18$35,187
Jan 2011010,37486.504.59$47,604
Dec 2010012,11985.734.35$52,690
Nov 2010013,42480.843.80$50,949
Oct 2010011,48378.103.51$40,293
Sep 2010013,51172.633.98$53,767
Aug 2010021,40073.684.42$94,574
Jul 2010026,01672.554.74$123,225
Jun 2010023,94370.364.91$117,570
May 2010037,28171.124.24$157,893
Apr 2010074,11681.694.12$305,557

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                  163 Mcf  × $  3.05 =       $496

────────────────────────────────────────────────────
Month total                                     $496

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/255820 is the state's own key, not one this site invented.