BMT UGARTE GAS UNIT 1

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the VALLEY (NAVARRO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280046District 04Field 92975260CondensateGasSaveExport
Value, all time
$2.9 M
Jan 2016 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
125
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1998-04-17
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 07/01/1999.

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
CondensateDisposition447 bbl$24,435
GasProduction930,885 Mcf$2,832,369
Total$2,856,804

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 27.5157, -99.4001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.51565, -99.40009 · 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
8,460 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 8,460 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-4794340518,460 ftJan 2016

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 (125)

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

125 months

May 20260472106.413.05$1,438
Apr 2026056298.932.87$1,613
Mar 2026088189.753.15$2,775
Feb 2026074963.503.75$2,809
Jan 2026079359.138.00$6,342
Dec 2025092056.664.41$4,060
Nov 2025077758.593.93$3,051
Oct 202501,27559.383.30$4,214
Sep 2025062662.743.08$1,926
Aug 202501,49363.933.01$4,501
Jul 2025039266.743.32$1,300
Jun 2025066266.483.13$2,071
May 2025082760.553.23$2,673
Apr 202501,14962.363.54$4,071
Mar 202501,06167.704.27$4,529
Feb 202501,09570.884.34$4,753
Jan 202501,29874.324.28$5,554
Dec 202401,17768.993.12$3,674
Nov 202401,41469.052.20$3,109
Oct 202401,49171.372.28$3,402
Sep 202401,21269.612.36$2,866
Aug 202401,15375.632.06$2,379
Jul 202401,74179.932.15$3,737
Jun 202401,24478.082.63$3,277
May 2024046478.812.20$1,020
Apr 2024084884.451.66$1,407
Mar 2024080380.301.55$1,241
Feb 2024090576.091.78$1,614
Jan 2024080673.023.30$2,658
Dec 202301,68471.262.61$4,396
Nov 202301,73277.892.81$4,863
Oct 2023020385.443.09$627
Sep 202301,31689.042.74$3,599
Aug 202302,20680.522.67$5,896
Jul 202301,14974.852.64$3,035
Jun 2023090168.962.26$2,035
May 202301,66470.622.23$3,706
Apr 202301,26778.122.24$2,835
Mar 202301,64872.852.39$3,944
Feb 202301,30575.112.47$3,218
Jan 202301,58876.533.39$5,380
Dec 20221341,75776.415.73$20,305
Nov 202201,47785.005.65$8,339
Oct 202201,71387.185.86$10,045
Sep 202201,75484.888.16$14,319
Aug 202201,81494.529.13$16,557
Jul 202202,211101.587.54$16,676
Jun 202201,876115.097.98$14,965
May 202202,360109.378.43$19,902
Apr 202202,368104.226.84$16,191
Mar 202202,632108.885.08$13,361
Feb 202202,16391.054.86$10,510
Jan 202202,39881.844.54$10,881
Dec 202101,45371.323.90$5,665
Nov 202102,63877.435.24$13,815
Oct 202102,35679.795.71$13,462
Sep 202102,42869.865.35$12,992
Aug 202102,56266.024.22$10,813
Jul 202102,76270.783.98$10,999
Jun 202102,59069.493.38$8,756
May 202103,10163.483.02$9,358
Apr 202102,77660.362.76$7,657
Mar 202102,77961.302.72$7,550
Feb 202102,68357.805.55$14,885
Jan 202103,07650.412.81$8,644
Dec 202003,70944.642.68$9,923
Nov 202003,21738.772.71$8,707
Oct 202003,33836.972.48$8,273
Sep 202003,75037.091.99$7,466
Aug 202004,05439.982.39$9,669
Jul 202004,13538.371.83$7,547
Jun 202004,14134.901.69$7,000
May 202004,32116.921.81$7,842
Apr 202004,30714.751.80$7,771
Mar 202004,47030.341.86$8,297
Feb 202003,77049.881.98$7,467
Jan 202004,84957.252.09$10,157
Dec 201905,11359.012.30$11,782
Nov 201903,95955.302.75$10,890
Oct 201906,09853.472.42$14,748
Sep 201904,94455.052.66$13,138
Aug 201906,09153.112.30$14,036
Jul 201904,58956.272.46$11,289
Jun 201904,05052.782.49$10,089
May 201909,05358.482.74$24,808
Apr 2019010,97562.632.75$30,189
Mar 201909,84156.803.06$30,134
Feb 201907,93350.852.79$22,151
Jan 2019013,01046.033.23$41,999
Dec 2018011,86146.594.19$49,644
Nov 201808,25752.934.24$34,987
Oct 2018013,44961.443.40$45,701
Sep 201809,29859.543.11$28,898
Aug 2018016,12559.403.07$49,448
Jul 2018017,83965.142.93$52,302
Jun 2018017,13060.183.08$52,708
May 2018018,17965.382.90$52,734
Apr 2018112,75963.842.90$37,075
Mar 2018014,52361.222.79$40,473
Feb 2018014,31161.782.77$39,586
Jan 2018014,73862.874.01$59,089
Dec 2017014,02857.272.92$40,983
Nov 2017014,52555.423.12$45,294
Oct 201715116,91849.292.98$57,921
Sep 2017016,64547.523.09$51,388
Aug 2017015,34845.373.00$46,112
Jul 2017020,88243.873.09$64,469
Jun 2017022,45442.493.09$69,322
May 2017024,38545.373.26$79,578
Apr 2017026,76247.933.21$85,949
Mar 2017026,40346.772.98$78,778
Feb 2017026,00350.452.95$76,776
Jan 2017026,05049.413.42$89,060
Dec 2016026,32148.763.72$97,989
Nov 2016023,69342.492.64$62,653
Oct 2016025,95246.193.09$80,198
Sep 201616129,44841.553.10$97,997
Aug 2016033,23141.442.92$97,179
Jul 2016030,93141.622.92$90,453
Jun 2016033,58345.352.69$90,198
May 2016031,74442.521.99$63,204
Apr 2016042,71336.561.99$85,043
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0

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                  472 Mcf  × $  3.05 =     $1,438

────────────────────────────────────────────────────
Month total                                   $1,438

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/280046 is the state's own key, not one this site invented.