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 259895District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$780 k
Dec 2010 – May 2026
Value, last 12 filed months
$83
at the published price for each month
Months reported
186
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 Gas112012-06-26203022
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
CondensateDisposition889 bbl$78,554
GasProduction197,897 Mcf$701,204
Total$779,757

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 27.4123, -99.1617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41225, -99.16170 · 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
11,790 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 11,790 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-4794097419911,790 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 (186)

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

186 months

May 202604106.413.05$12
Apr 20260898.932.87$23
Mar 202601189.753.15$35
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250262.743.08$6
Aug 20250063.933.01$0
Jul 20250266.743.32$7
Jun 20250066.483.13$0
May 20250160.553.23$3
Apr 20250262.363.54$7
Mar 20250167.704.27$4
Feb 20250070.884.34$0
Jan 20250174.324.28$4
Dec 20240068.993.12$0
Nov 20240169.052.20$2
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240675.632.06$12
Jul 202408079.932.15$172
Jun 202408878.082.63$232
May 202409878.812.20$215
Apr 202406184.451.66$101
Mar 2024010680.301.55$164
Feb 202409676.091.78$171
Jan 202408873.023.30$290
Dec 202306871.262.61$178
Nov 2023011577.892.81$323
Oct 202309985.443.09$306
Sep 202307989.042.74$216
Aug 2023011480.522.67$305
Jul 202307274.852.64$190
Jun 2023010468.962.26$235
May 202309370.622.23$207
Apr 202307078.122.24$157
Mar 202307272.852.39$172
Feb 202306875.112.47$168
Jan 202307276.533.39$244
Dec 202207176.415.73$407
Nov 202207685.005.65$429
Oct 202207687.185.86$446
Sep 202204984.888.16$400
Aug 202209394.529.13$849
Jul 2022051101.587.54$385
Jun 2022074115.097.98$590
May 2022057109.378.43$481
Apr 2022084104.226.84$574
Mar 2022064108.885.08$325
Feb 202204891.054.86$233
Jan 202206481.844.54$290
Dec 202106171.323.90$238
Nov 202104277.435.24$220
Oct 202107279.795.71$411
Sep 202108269.865.35$439
Aug 202101466.024.22$59
Jul 202104570.783.98$179
Jun 202109469.493.38$318
May 202108563.483.02$257
Apr 202108560.362.76$234
Mar 202108561.302.72$231
Feb 202108857.805.55$488
Jan 2021011550.412.81$323
Dec 2020222344.642.68$686
Nov 2020131938.772.71$902
Oct 2020018636.972.48$461
Sep 2020045937.091.99$914
Aug 2020034839.982.39$830
Jul 2020262638.371.83$1,219
Jun 2020257834.901.69$1,047
May 2020073816.921.81$1,339
Apr 2020286914.751.80$1,598
Mar 202031,29530.341.86$2,495
Feb 2020061649.881.98$1,220
Jan 2020394057.252.09$2,141
Dec 2019241559.012.30$1,074
Nov 2019270755.302.75$2,055
Oct 2019142753.472.42$1,086
Sep 201905655.052.66$149
Aug 2019244253.112.30$1,125
Jul 2019132656.272.46$858
Jun 2019138852.782.49$1,019
May 2019326858.482.74$910
Apr 201941,12562.632.75$3,345
Mar 2019216056.803.06$604
Feb 2019486150.852.79$2,608
Jan 201951,71646.033.23$5,770
Dec 2018139846.594.19$1,712
Nov 2018110952.934.24$515
Oct 201831,27861.443.40$4,527
Sep 2018150359.543.11$1,623
Aug 2018110659.403.07$384
Jul 2018113765.142.93$467
Jun 201821,06060.183.08$3,382
May 2018248565.382.90$1,538
Apr 2018242663.842.90$1,363
Mar 201821,11561.222.79$3,230
Feb 2018367661.782.77$2,055
Jan 2018265162.874.01$2,736
Dec 2017361557.272.92$1,969
Nov 2017184255.423.12$2,681
Oct 2017380249.292.98$2,541
Sep 2017289747.523.09$2,864
Aug 2017147445.373.00$1,469
Jul 201711,03243.873.09$3,230
Jun 2017088942.493.09$2,745
May 2017079945.373.26$2,607
Apr 2017092147.933.21$2,958
Mar 2017046646.772.98$1,390
Feb 2017064350.452.95$1,899
Jan 2017097949.413.42$3,347
Dec 2016088348.763.72$3,287
Nov 2016084942.492.64$2,245
Oct 2016098846.193.09$3,053
Sep 2016074841.553.10$2,319
Aug 2016077441.442.92$2,263
Jul 201601,11141.622.92$3,249
Jun 2016047945.352.69$1,287
May 201601,07142.521.99$2,132
Apr 2016087936.561.99$1,750
Mar 201601,20833.011.79$2,167
Feb 2016097026.472.06$2,002
Jan 201601,56227.352.36$3,693
Dec 2015099232.362.00$1,985
Nov 2015071138.792.17$1,541
Oct 201501,12743.552.43$2,735
Sep 2015078742.992.76$2,171
Aug 201501,31540.162.87$3,777
Jul 201501,24948.152.95$3,678
Jun 201501,71756.152.88$4,950
May 201501,69955.212.96$5,021
Apr 201501,85449.822.71$5,018
Mar 201502,01742.892.93$5,919
Feb 201501,34844.662.98$4,012
Jan 201509743.433.10$301
Dec 201401,38354.693.59$4,967
Nov 2014069570.464.25$2,955
Oct 201401,01278.303.90$3,948
Sep 201401,52086.164.05$6,149
Aug 2014049689.394.04$2,001
Jul 201401,45896.564.18$6,094
Jun 201401,21198.164.74$5,736
May 201401,26194.734.73$5,960
Apr 201401,25395.944.81$6,026
Mar 201401,17095.895.06$5,916
Feb 2014085597.406.19$5,294
Jan 201401,72190.404.86$8,365
Dec 201301,64191.824.35$7,146
Nov 201302,04488.853.74$7,641
Oct 201302,15897.423.78$8,156
Sep 201302,805104.113.72$10,428
Aug 201305,944104.253.52$20,938
Jul 20130658102.523.72$2,446
Jun 2013017094.403.93$669
May 2013019994.834.15$826
Apr 2013021193.964.28$904
Mar 2013026293.623.91$1,025
Feb 2013088691.233.42$3,030
Jan 201302,17191.603.42$7,425
Dec 201201,71386.773.42$5,859
Nov 201201,66386.953.62$6,028
Oct 201202,25089.383.40$7,649
Sep 201202,12494.672.92$6,199
Aug 201202,54592.662.91$7,401
Jul 201202,66685.133.02$8,053
Jun 201202,20379.822.52$5,549
May 201202,68791.612.49$6,686
Apr 201202,805101.652.00$5,601
Mar 201203,028105.052.22$6,728
Feb 201202,836101.102.57$7,289
Jan 201203,21998.092.73$8,801
Dec 2011393,45496.873.24$14,968
Nov 20111573,80895.723.31$27,637
Oct 20111664,28184.983.65$29,726
Sep 20111276,75983.623.99$37,560
Aug 2011521,62283.404.15$11,067
Jul 20111054,63594.144.52$30,822
Jun 2011434,56992.904.64$25,194
May 2011546,74998.134.40$35,027
Apr 2011729,276105.964.33$47,825
Mar 20110096.364.06$0
Feb 2011054885.644.18$2,291
Jan 2011012,70886.504.59$58,314
Dec 2010016,38285.734.35$71,225

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                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/259895 is the state's own key, not one this site invented.