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 262096District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
May 2011 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
181
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 Gas112013-09-23205273
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
CondensateDisposition5,014 bbl$393,847
GasProduction1,039,426 Mcf$3,605,106
Total$3,998,954

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 27.3837, -99.1829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38369, -99.18289 · 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
12,345 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 12,345 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-4794104020312,345 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 (181)

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

181 months

May 202652,098106.413.05$6,922
Apr 202692,08398.932.87$6,868
Mar 202662,22089.753.15$7,530
Feb 202642,03263.503.75$7,875
Jan 202632,08859.138.00$16,877
Dec 202522,12456.664.41$9,487
Nov 202572,08358.593.93$8,589
Oct 202542,18659.383.30$7,462
Sep 202542,05462.743.08$6,571
Aug 202532,17363.933.01$6,743
Jul 202592,12966.743.32$7,659
Jun 202502,06966.483.13$6,473
May 202572,18160.553.23$7,474
Apr 202562,11362.363.54$7,861
Mar 202562,16867.704.27$9,660
Feb 202542,12970.884.34$9,525
Jan 202582,27474.324.28$10,324
Dec 202492,35468.993.12$7,969
Nov 202442,30169.052.20$5,335
Oct 202482,28971.372.28$5,793
Sep 202442,30469.612.36$5,726
Aug 202462,43875.632.06$5,485
Jul 202462,40979.932.15$5,651
Jun 202462,45178.082.63$6,924
May 202442,55478.812.20$5,930
Apr 202472,47384.451.66$4,694
Mar 202462,69180.301.55$4,640
Feb 202492,39376.091.78$4,953
Jan 202442,64473.023.30$9,011
Dec 202382,61371.262.61$7,392
Nov 202322,25077.892.81$6,473
Oct 202392,65685.443.09$8,969
Sep 202342,62389.042.74$7,530
Aug 202342,46180.522.67$6,900
Jul 202362,32774.852.64$6,597
Jun 202342,51868.962.26$5,963
May 2023122,57070.622.23$6,572
Apr 202392,85578.122.24$7,092
Mar 2023122,97072.852.39$7,982
Feb 202372,81675.112.47$7,469
Jan 2023103,28476.533.39$11,891
Dec 2022133,00676.415.73$18,215
Nov 202293,33685.005.65$19,601
Oct 2022102,56287.185.86$15,895
Sep 202222,14784.888.16$17,697
Aug 202262,86194.529.13$26,680
Jul 2022102,627101.587.54$20,829
Jun 202262,955115.097.98$24,263
May 202262,901109.378.43$25,120
Apr 202282,693104.226.84$19,247
Mar 202282,450108.885.08$13,308
Feb 202262,31991.054.86$11,814
Jan 202262,39481.844.54$11,354
Dec 2021102,71271.323.90$11,288
Nov 202162,72777.435.24$14,745
Oct 2021122,63379.795.71$16,002
Sep 202162,86569.865.35$15,750
Aug 202182,96066.024.22$13,021
Jul 202182,98570.783.98$12,453
Jun 202142,96269.493.38$10,291
May 2021103,40463.483.02$10,907
Apr 2021103,13260.362.76$9,243
Mar 2021123,00861.302.72$8,908
Feb 202182,72057.805.55$15,553
Jan 202182,75950.412.81$8,157
Dec 202063,11644.642.68$8,605
Nov 2020103,22038.772.71$9,103
Oct 202093,41536.972.48$8,797
Sep 202063,22737.091.99$6,648
Aug 202043,14739.982.39$7,666
Jul 2020123,35338.371.83$6,580
Jun 2020103,21834.901.69$5,788
May 202003,17016.921.81$5,753
Apr 2020103,25514.751.80$6,021
Mar 202083,52130.341.86$6,779
Feb 202073,41249.881.98$7,107
Jan 2020113,39657.252.09$7,743
Dec 2019103,20859.012.30$7,982
Nov 201992,97855.302.75$8,689
Oct 2019113,61853.472.42$9,338
Sep 2019133,63755.052.66$10,380
Aug 2019153,87153.112.30$9,717
Jul 201993,70856.272.46$9,628
Jun 201993,49352.782.49$9,177
May 2019143,67658.482.74$10,892
Apr 2019153,84162.632.75$11,505
Mar 2019123,94656.803.06$12,765
Feb 2019153,66450.852.79$10,993
Jan 2019174,11146.033.23$14,054
Dec 2018144,37346.594.19$18,955
Nov 2018113,60452.934.24$15,853
Oct 2018123,85161.443.40$13,823
Sep 2018123,74859.543.11$12,363
Aug 201884,66359.403.07$14,775
Jul 2018104,06765.142.93$12,575
Jun 201883,61460.183.08$11,601
May 2018113,08865.382.90$9,677
Apr 2018163,60263.842.90$11,470
Mar 201873,09661.222.79$9,057
Feb 2018143,14861.782.77$9,573
Jan 2018123,57662.874.01$15,092
Dec 2017164,03057.272.92$12,690
Nov 201763,29155.423.12$10,595
Oct 2017103,30949.292.98$10,366
Sep 201793,35847.523.09$10,795
Aug 201784,59445.373.00$14,165
Jul 201794,64743.873.09$14,741
Jun 201703,94642.493.09$12,182
May 201703,58345.373.26$11,693
Apr 201703,55147.933.21$11,404
Mar 201703,58346.772.98$10,691
Feb 201703,51950.452.95$10,390
Jan 201703,92749.413.42$13,426
Dec 201604,29148.763.72$15,975
Nov 201604,64942.492.64$12,294
Oct 201604,85446.193.09$15,000
Sep 201605,01041.553.10$15,534
Aug 201604,90241.442.92$14,335
Jul 201605,12741.622.92$14,993
Jun 201605,19145.352.69$13,942
May 201605,24342.521.99$10,439
Apr 201605,66836.561.99$11,285
Mar 201605,45833.011.79$9,792
Feb 201604,26026.472.06$8,791
Jan 201604,26727.352.36$10,089
Dec 201505,25932.362.00$10,525
Nov 201505,96338.792.17$12,924
Oct 201506,33243.552.43$15,365
Sep 201506,11342.992.76$16,862
Aug 201504,55340.162.87$13,078
Jul 2015105,14548.152.95$15,634
Jun 2015794,57056.152.88$17,611
May 20151375,48655.212.96$23,777
Apr 20151288,70449.822.71$29,935
Mar 201518512,38342.892.93$44,275
Feb 201515310,64844.662.98$38,523
Jan 201523310,84943.433.10$43,758
Dec 20141485,68254.693.59$28,500
Nov 20141535,84870.464.25$35,645
Oct 20141586,03778.303.90$35,922
Sep 20141396,36186.164.05$37,709
Aug 20141317,11689.394.04$40,424
Jul 2014947,86996.564.18$41,966
Jun 201408,02598.164.74$38,013
May 201406,34794.734.73$29,999
Apr 201406,66795.944.81$32,062
Mar 201407,30295.895.06$36,925
Feb 201405,95997.406.19$36,898
Jan 2014117,89890.404.86$39,384
Dec 2013638,21991.824.35$41,574
Nov 2013577,54188.853.74$33,255
Oct 2013728,90197.423.78$40,654
Sep 2013698,972104.113.72$40,539
Aug 2013629,156104.253.52$38,717
Jul 2013698,997102.523.72$40,522
Jun 2013417,36494.403.93$32,836
May 2013528,53894.834.15$40,356
Apr 2013548,79993.964.28$42,756
Mar 2013529,13493.623.91$40,608
Feb 2013668,93691.233.42$36,582
Jan 20134910,05991.603.42$38,889
Dec 2012010,33686.773.42$35,351
Nov 2012010,72486.953.62$38,874
Oct 2012012,02289.383.40$40,871
Sep 2012011,68094.672.92$34,087
Aug 2012012,42392.662.91$36,128
Jul 2012012,86485.133.02$38,860
Jun 20121912,94279.822.52$34,118
May 201211413,40791.612.49$43,804
Apr 201213813,752101.652.00$41,488
Mar 201220515,209105.052.22$55,331
Feb 201215714,950101.102.57$54,298
Jan 201221016,92198.092.73$66,862
Dec 201116418,05896.873.24$74,390
Nov 201115619,48595.723.31$79,453
Oct 201115922,60084.983.65$95,969
Sep 20118624,79183.623.99$106,003
Aug 2011020,39683.404.15$84,630
Jul 20111832,05794.144.52$146,504
Jun 201114235,81992.904.64$179,388
May 201110740,80398.134.40$190,230

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             5 bbl  × $106.41 =       $532
Gas                2,098 Mcf  × $  3.05 =     $6,390

────────────────────────────────────────────────────
Month total                                   $6,922

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/262096 is the state's own key, not one this site invented.