B.M.T.

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 80263District 04Field 04789237CondensateGasSaveExport
Value, all time
$940 k
Jan 1993 – Jul 2005
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
151
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.

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
CondensateDisposition3,610 bbl$71,455
GasProduction581,725 Mcf$868,631
Total$940,087

295,537 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.3604, -99.1794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36041, -99.17944 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,056 ft
1 wells filed one
Completion to plug
8.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,056 ft.

Completions filed
Dec 1996
1 of 1 wells
Plug dates filed
Jul 2005
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47931800311,056 ftDec 1996Jul 2005Yes

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 (151)

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

151 months

Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005017349.207.36$1,273
Mar 2005075850.377.15$5,423
Feb 2005012645.226.31$795
Jan 2005041243.166.32$2,605
Dec 2004038639.866.75$2,606
Nov 2004064745.286.33$4,096
Oct 2004042249.706.52$2,749
Sep 2004046743.245.28$2,468
Aug 2004051242.375.55$2,842
Jul 2004048238.286.08$2,933
Jun 2004053636.106.43$3,448
May 2004064337.486.49$4,176
Apr 2004043734.475.86$2,560
Mar 2004151734.365.53$2,893
Feb 2004052832.455.51$2,909
Jan 2004061832.036.30$3,893
Dec 2003062930.266.30$3,964
Nov 2003039228.804.60$1,801
Oct 2003042428.174.76$2,018
Sep 2003039526.314.75$1,876
Aug 2003039429.765.13$2,021
Jul 2003031929.415.17$1,650
Jun 2003038628.565.98$2,309
May 2003034026.595.97$2,031
Apr 2003042426.675.41$2,293
Mar 2003047831.146.10$2,914
Feb 2003048533.487.93$3,844
Jan 2003067930.315.58$3,790
Dec 2002069126.914.85$3,354
Nov 2002059224.664.14$2,449
Oct 2002057826.464.23$2,444
Sep 2002070727.443.64$2,570
Aug 2002058525.963.16$1,851
Jul 2002363124.583.06$2,006
Jun 20024378223.733.34$3,631
May 20023372724.663.58$3,419
Apr 20023270423.653.51$3,229
Mar 2002087222.003.10$2,706
Feb 2002074318.222.38$1,765
Jan 2002289317.172.38$2,156
Dec 2001797116.932.36$2,414
Nov 2001111,29618.072.41$3,316
Oct 2001789819.782.53$2,409
Sep 2001680824.262.25$1,965
Aug 2001096924.873.05$2,959
Jul 200101,05323.933.20$3,367
Jun 2001090624.563.82$3,465
May 200101,19625.524.31$5,152
Apr 200101,02724.685.34$5,479
Mar 200101,11124.545.38$5,973
Feb 200101,20227.755.77$6,932
Jan 2001096927.478.40$8,138
Dec 200003,68626.889.12$33,626
Nov 200003,55032.215.66$20,086
Oct 200001,58431.235.15$8,150
Sep 200002,89331.875.19$15,005
Aug 200001,49729.644.54$6,798
Jul 200001,08028.534.09$4,417
Jun 200001,26829.304.40$5,576
May 200001,21427.263.68$4,467
Apr 200001,35924.513.12$4,235
Mar 200001,61228.422.86$4,610
Feb 200001,62327.622.73$4,425
Jan 200051,55725.272.48$3,988
Dec 1999591,18924.282.42$4,314
Nov 19991032,19523.192.43$7,731
Oct 1999631,40320.982.80$5,255
Sep 1999412,83321.752.62$8,311
Aug 1999232,63819.262.88$8,029
Jul 1999361,58117.892.37$4,395
Jun 1999181,86415.942.36$4,690
May 1999291,64515.792.32$4,276
Apr 199951,69915.102.21$3,827
Mar 199901,77312.471.84$3,259
Feb 199901,9219.981.82$3,492
Jan 19991252,07410.381.90$5,238
Dec 199802,3439.201.77$4,155
Nov 199803,45110.892.19$7,543
Oct 199804,30712.421.97$8,481
Sep 199803,66012.592.08$7,622
Aug 1998813,32211.301.91$7,252
Jul 199804,25411.742.24$9,517
Jun 199805,69411.242.24$12,739
May 19981653,69112.622.21$10,226
Apr 199803,12513.042.51$7,829
Mar 199802,98512.802.31$6,894
Feb 1998437,62213.952.30$18,124
Jan 199804,75714.702.15$10,250
Dec 199706,14216.322.41$14,809
Nov 19971306,49718.193.09$22,429
Oct 199708,18419.253.15$25,778
Sep 199707,09217.742.95$20,956
Aug 199712516,96317.862.55$45,569
Jul 199735018,60917.582.25$47,966
Jun 199705,10217.242.26$11,516
May 19971577,78818.972.31$20,957
Apr 19971158,84617.882.08$20,480
Mar 199708,35018.951.94$16,192
Feb 199727516,30120.492.21$41,593
Jan 199762347,44523.483.54$182,569
Dec 199658059,88023.32$13,526
Nov 199612,81321.97$22
Oct 199602,68423.31$0
Sep 199602,17722.22$0
Aug 199603,21720.26$0
Jul 199603,91019.55$0
Jun 199602,89518.73$0
May 199603,32619.43$0
Apr 199602,93221.51$0
Mar 19961033,05219.38$1,996
Feb 199602,83216.98$0
Jan 199602,61817.07$0
Dec 199502,33017.19$0
Nov 199503,07316.00$0
Oct 199503,32515.43$0
Sep 199504,05716.18$0
Aug 199503,05315.92$0
Jul 199513,06415.24$15
Jun 199503,06716.41$0
May 1995373,02417.56$650
Apr 199503,23817.73$0
Mar 199503,26216.44$0
Feb 199502,80016.58$0
Jan 199503,30615.92$0
Dec 199403,70315.03$0
Nov 199403,97515.90$0
Oct 199404,50615.58$0
Sep 199403,51515.29$0
Aug 199403,62516.13$0
Jul 199403,91117.56$0
Jun 1994886,91517.09$1,504
May 199404,58415.88$0
Apr 199406,28314.14$0
Mar 199417,23012.46$12
Feb 199407,25512.50$0
Jan 199419,44612.66$13
Dec 1993110,75512.33$12
Nov 1993010,69514.49$0
Oct 199307,28715.85$0
Sep 199307,03415.03$0
Aug 1993010,11015.66$0
Jul 199309,91115.46$0
Jun 1993819,71216.79$1,360
May 199307,80517.68$0
Apr 199305,01318.05$0
Mar 199309,45718.14$0
Feb 199306,90217.90$0
Jan 199305,97316.93$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.

Apr 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.20 =         $0
Gas                  173 Mcf  × $  7.36 =     $1,273

────────────────────────────────────────────────────
Month total                                   $1,273

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/80263 is the state's own key, not one this site invented.