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 257550District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Aug 2010 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
190
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 Gas112011-02-28200402
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
CondensateDisposition507 bbl$39,736
GasProduction316,690 Mcf$1,162,361
Total$1,202,097

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 27.4060, -99.1509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40601, -99.15093 · 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
10,556 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 10,556 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-4794090120010,556 ftAug 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 (190)

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

190 months

May 20261351106.413.05$1,176
Apr 2026239198.932.87$1,320
Mar 2026140589.753.15$1,365
Feb 2026133963.503.75$1,335
Jan 2026137059.138.00$3,018
Dec 2025043456.664.41$1,915
Nov 2025254258.593.93$2,245
Oct 2025157659.383.30$1,963
Sep 2025151462.743.08$1,644
Aug 2025147063.933.01$1,481
Jul 2025252266.743.32$1,864
Jun 2025046166.483.13$1,442
May 2025244960.553.23$1,572
Apr 2025143062.363.54$1,586
Mar 2025137367.704.27$1,660
Feb 2025145170.884.34$2,029
Jan 2025248674.324.28$2,228
Dec 2024249668.993.12$1,686
Nov 2024162869.052.20$1,450
Oct 2024253071.372.28$1,352
Sep 2024151169.612.36$1,278
Aug 2024154475.632.06$1,198
Jul 2024154579.932.15$1,250
Jun 2024253078.082.63$1,552
May 2024159578.812.20$1,387
Apr 2024159084.451.66$1,063
Mar 2024363680.301.55$1,224
Feb 2024364276.091.78$1,373
Jan 2024284973.023.30$2,946
Dec 2023384371.262.61$2,415
Nov 2023076177.892.81$2,137
Oct 2023268785.443.09$2,292
Sep 2023046289.042.74$1,264
Aug 2023056280.522.67$1,502
Jul 2023158374.852.64$1,615
Jun 2023159868.962.26$1,420
May 2023263070.622.23$1,545
Apr 2023280978.122.24$1,967
Mar 2023388172.852.39$2,327
Feb 2023379175.112.47$2,176
Jan 2023493276.533.39$3,463
Dec 202241,03576.415.73$6,235
Nov 2022493485.005.65$5,614
Oct 202231,05487.185.86$6,442
Sep 2022172884.888.16$6,028
Aug 2022163494.529.13$5,881
Jul 20222629101.587.54$4,947
Jun 20221623115.097.98$5,085
May 20223643109.378.43$5,751
Apr 20222585104.226.84$4,208
Mar 20223643108.885.08$3,591
Feb 2022360791.054.86$3,222
Jan 202231,53981.844.54$7,229
Dec 202151,21971.323.90$5,110
Nov 202131,11377.435.24$6,061
Oct 202141,04979.795.71$6,313
Sep 2021078369.865.35$4,190
Aug 2021170866.024.22$3,054
Jul 2021169170.783.98$2,822
Jun 2021063769.493.38$2,153
May 2021271463.483.02$2,282
Apr 2021267260.362.76$1,974
Mar 2021478061.302.72$2,364
Feb 2021386157.805.55$4,950
Jan 202131,27150.412.81$3,723
Dec 202031,38044.642.68$3,826
Nov 202041,06138.772.71$3,027
Oct 202051,66836.972.48$4,319
Sep 202031,34637.091.99$2,791
Aug 2020180639.982.39$1,962
Jul 2020268738.371.83$1,331
Jun 2020267934.901.69$1,218
May 2020068116.921.81$1,236
Apr 2020265514.751.80$1,211
Mar 2020167830.341.86$1,289
Feb 2020073649.881.98$1,458
Jan 2020364057.252.09$1,512
Dec 201941,09259.012.30$2,752
Nov 201951,57855.302.75$4,617
Oct 201931,27453.472.42$3,242
Sep 2019262655.052.66$1,774
Aug 2019374253.112.30$1,869
Jul 2019176856.272.46$1,946
Jun 2019172352.782.49$1,854
May 2019269358.482.74$2,016
Apr 2019363362.632.75$1,929
Mar 2019285656.803.06$2,735
Feb 2019483350.852.79$2,529
Jan 2019467246.033.23$2,353
Dec 2018486946.594.19$3,824
Nov 201851,68452.934.24$7,400
Oct 201851,84961.443.40$6,590
Sep 201841,27059.543.11$4,185
Aug 2018198959.403.07$3,092
Jul 2018393965.142.93$2,948
Jun 2018036060.183.08$1,108
May 2018245365.382.90$1,445
Apr 2018261563.842.90$1,912
Mar 2018164661.222.79$1,862
Feb 2018257461.782.77$1,711
Jan 2018259762.874.01$2,519
Dec 2017361357.272.92$1,963
Nov 2017165355.423.12$2,092
Oct 2017267149.292.98$2,101
Sep 2017264947.523.09$2,099
Aug 2017168145.373.00$2,091
Jul 2017272343.873.09$2,320
Jun 2017068642.493.09$2,118
May 2017071745.373.26$2,340
Apr 2017068047.933.21$2,184
Mar 2017070746.772.98$2,109
Feb 2017071750.452.95$2,117
Jan 2017081549.413.42$2,786
Dec 2016084648.763.72$3,150
Nov 2016080842.492.64$2,137
Oct 2016087446.193.09$2,701
Sep 2016084541.553.10$2,620
Aug 2016078241.442.92$2,287
Jul 2016085241.622.92$2,492
Jun 2016079745.352.69$2,141
May 2016088542.521.99$1,762
Apr 2016084536.561.99$1,682
Mar 2016096733.011.79$1,735
Feb 201601,57226.472.06$3,244
Jan 201601,53927.352.36$3,639
Dec 2015087232.362.00$1,745
Nov 2015086338.792.17$1,870
Oct 2015089743.552.43$2,177
Sep 2015092442.992.76$2,549
Aug 2015085240.162.87$2,447
Jul 201501,04548.152.95$3,078
Jun 201501,03456.152.88$2,981
May 201501,16455.212.96$3,440
Apr 201501,29549.822.71$3,505
Mar 201501,84042.892.93$5,400
Feb 201501,94044.662.98$5,774
Jan 201502,04143.433.10$6,328
Dec 201402,01354.693.59$7,229
Nov 201401,63470.464.25$6,948
Oct 201402,10178.303.90$8,196
Sep 201401,76286.164.05$7,128
Aug 201401,98389.394.04$8,002
Jul 2014052196.564.18$2,178
Jun 2014062298.164.74$2,946
May 2014053594.734.73$2,529
Apr 2014096795.944.81$4,650
Mar 2014092895.895.06$4,693
Feb 2014074597.406.19$4,613
Jan 201401,06490.404.86$5,172
Dec 2013083991.824.35$3,653
Nov 2013047888.853.74$1,787
Oct 201301,12897.423.78$4,263
Sep 201301,943104.113.72$7,224
Aug 201302,057104.253.52$7,246
Jul 201302,099102.523.72$7,804
Jun 201322,13194.403.93$8,571
May 2013112,23294.834.15$10,304
Apr 2013112,15893.964.28$10,275
Mar 2013112,37793.623.91$10,331
Feb 2013122,03391.233.42$8,047
Jan 2013122,52491.603.42$9,731
Dec 2012152,82086.773.42$10,946
Nov 201203,03086.953.62$10,984
Oct 201204,93489.383.40$16,774
Sep 2012027794.672.92$808
Aug 2012074192.662.91$2,155
Jul 201201,11385.133.02$3,362
Jun 201202,63779.822.52$6,643
May 201203,13791.612.49$7,806
Apr 201202,909101.652.00$5,809
Mar 201203,228105.052.22$7,173
Feb 201203,256101.102.57$8,369
Jan 201203,64298.092.73$9,958
Dec 201103,97796.873.24$12,884
Nov 201104,53495.723.31$15,013
Oct 201105,13284.983.65$18,724
Sep 201106,54283.623.99$26,075
Aug 201103,64083.404.15$15,104
Jul 2011317,12994.144.52$77,658
Jun 20111912,90292.904.64$61,629
May 201198,97698.134.40$40,421
Apr 201100105.964.33$0
Mar 20116096.364.06$578
Feb 2011503,75485.644.18$19,974
Jan 2011586,47786.504.59$34,739
Dec 2010677,58785.734.35$38,730
Nov 201008,21080.843.80$31,160
Oct 2010012,79278.103.51$44,886
Sep 2010024,16372.633.98$96,156
Aug 2010011,88373.684.42$52,515

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             1 bbl  × $106.41 =       $106
Gas                  351 Mcf  × $  3.05 =     $1,069

────────────────────────────────────────────────────
Month total                                   $1,176

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/257550 is the state's own key, not one this site invented.