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 88176District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 Gas112001-09-27144338
NGPA2none

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
CondensateDisposition510 bbl$20,091
GasProduction1,420,197 Mcf$5,258,545
Total$5,278,635

79,010 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, -99.1682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36043, -99.16824 · 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
11,481 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 11,481 ft.

Completions filed
Dec 1996
1 of 1 wells

1 well

42-47932271611,481 ftDec 1996

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20183063.842.90$192
Mar 201841,17261.222.79$3,511
Feb 2018102,18861.782.77$6,670
Jan 201882,31462.874.01$9,781
Dec 201792,25857.272.92$7,112
Nov 201732,25355.423.12$7,192
Oct 201772,32749.292.98$7,288
Sep 201762,06447.523.09$6,657
Aug 201742,22345.373.00$6,860
Jul 201742,33143.873.09$7,372
Jun 201702,30142.493.09$7,104
May 201702,34645.373.26$7,656
Apr 201702,45247.933.21$7,875
Mar 201702,47446.772.98$7,382
Feb 201702,13650.452.95$6,307
Jan 201702,42349.413.42$8,284
Dec 201602,36548.763.72$8,804
Nov 201602,27442.492.64$6,013
Oct 201602,38946.193.09$7,383
Sep 201602,30641.553.10$7,150
Aug 201602,42641.442.92$7,094
Jul 201602,50441.622.92$7,323
Jun 201602,36945.352.69$6,363
May 201602,59742.521.99$5,171
Apr 201602,55036.561.99$5,077
Mar 201602,73333.011.79$4,903
Feb 201602,64726.472.06$5,462
Jan 201602,85227.352.36$6,743
Dec 201503,17332.362.00$6,350
Nov 201503,09238.792.17$6,701
Oct 201503,18143.552.43$7,719
Sep 201506642.992.76$182
Aug 201503,11440.162.87$8,945
Jul 201503,34748.152.95$9,857
Jun 201503,29256.152.88$9,490
May 201503,71855.212.96$10,988
Apr 201503,91949.822.71$10,607
Mar 201504,03542.892.93$11,842
Feb 201503,54444.662.98$10,548
Jan 201503,86743.433.10$11,990
Dec 201403,92454.693.59$14,093
Nov 201403,39770.464.25$14,444
Oct 201402,74778.303.90$10,716
Sep 201402,33986.164.05$9,462
Aug 201401,58189.394.04$6,380
Jul 201401,57296.564.18$6,570
Jun 201401,16698.164.74$5,523
May 201401,37194.734.73$6,480
Apr 201401,47595.944.81$7,093
Mar 201406695.895.06$334
Feb 201406697.406.19$409
Jan 2014061690.404.86$2,994
Dec 201302,24891.824.35$9,789
Nov 201301,53788.853.74$5,746
Oct 201302,16997.423.78$8,197
Sep 201301,953104.113.72$7,261
Aug 201301,535104.253.52$5,407
Jul 201301,174102.523.72$4,365
Jun 201301,33894.403.93$5,263
May 201301,46194.834.15$6,062
Apr 201301,44693.964.28$6,193
Mar 201301,70893.623.91$6,683
Feb 201301,85091.233.42$6,327
Jan 201301,74891.603.42$5,978
Dec 201202,89086.773.42$9,884
Nov 201202,20586.953.62$7,993
Oct 2012077089.383.40$2,618
Sep 201201,59194.672.92$4,643
Aug 201201,82592.662.91$5,307
Jul 201222,07085.133.02$6,423
Jun 201202,23579.822.52$5,630
May 201202,55391.612.49$6,353
Apr 201232,665101.652.00$5,626
Mar 201203,002105.052.22$6,671
Feb 201233,101101.102.57$8,274
Jan 201243,57298.092.73$10,158
Dec 201102,99896.873.24$9,713
Nov 201102,92495.723.31$9,682
Oct 201103,77284.983.65$13,762
Sep 201103,43783.623.99$13,699
Aug 201103,37683.404.15$14,008
Jul 201103,63194.144.52$16,402
Jun 201102,82092.904.64$13,084
May 201103,21898.134.40$14,175
Apr 201102,931105.964.33$12,701
Mar 201102,71996.364.06$11,032
Feb 201102,89185.644.18$12,084
Jan 201103,49286.504.59$16,024
Dec 201003,28385.734.35$14,274
Nov 201002,87780.843.80$10,919
Oct 201003,13578.103.51$11,000
Sep 201003,84872.633.98$15,313
Aug 201003,66373.684.42$16,188
Jul 201002,75372.554.74$13,040
Jun 201002,89070.364.91$14,191
May 201002,72171.124.24$11,524
Apr 201002,42981.694.12$10,014
Mar 201002,72678.394.39$11,964
Feb 201002,58173.585.44$14,047
Jan 201092,96474.365.96$18,347
Dec 2009103,62671.445.48$20,598
Nov 200963,31974.593.75$12,899
Oct 200953,38672.544.11$14,280
Sep 200952,60865.543.06$8,321
Aug 200903,18667.423.22$10,254
Jul 200923,26561.133.46$11,434
Jun 200903,06866.163.90$11,950
May 200903,34254.743.93$13,120
Apr 200903,13646.773.59$11,250
Mar 200903,29242.144.06$13,362
Feb 200902,86232.814.63$13,260
Jan 200903,18035.865.37$17,080
Dec 200803,23237.105.98$19,318
Nov 200803,35955.496.86$23,044
Oct 200803,45475.246.92$23,909
Sep 200803,239101.767.88$25,514
Aug 200803,368114.228.48$28,571
Jul 200802,840131.0811.39$32,346
Jun 200803,117131.3313.03$40,623
May 200803,461123.1711.57$40,059
Apr 200803,745110.3110.45$39,153
Mar 200803,883101.909.66$37,526
Feb 200803,34692.538.77$29,346
Jan 200802,40990.388.21$19,768
Dec 200702,73388.337.30$19,956
Nov 200703,06591.677.29$22,349
Oct 200703,76082.856.92$26,027
Sep 200703,53375.846.24$22,061
Aug 200713,67269.066.39$23,526
Jul 2007113,97270.906.39$26,153
Jun 2007123,87062.007.55$29,957
May 2007104,08258.747.85$32,616
Apr 2007123,94359.617.81$31,491
Mar 2007123,65556.927.30$27,372
Feb 2007123,76855.108.22$31,619
Jan 200703,98350.306.73$26,793
Dec 200603,95056.656.92$27,328
Nov 200604,12254.207.62$31,399
Oct 200604,43354.906.01$26,659
Sep 200604,27460.085.04$21,529
Aug 200602,41368.717.34$17,711
Jul 200602,42069.376.34$15,349
Jun 200602,40266.286.38$15,334
May 200602,97266.016.42$19,095
Apr 200603,56664.397.36$26,247
Mar 200604,05856.707.08$28,742
Feb 200602,16857.597.75$16,804
Jan 200603,20760.598.93$28,649
Dec 200503,33354.9413.42$44,714
Nov 200502,84954.6910.59$30,166
Oct 200504,61258.3413.80$63,626
Sep 200503,71961.4512.08$44,922
Aug 200502,84061.519.80$27,823
Jul 200503,24055.697.84$25,413
Jun 200503,88752.337.38$28,690
May 200504,44545.226.65$29,564
Apr 200503,94249.207.36$29,015
Mar 200504,01150.377.15$28,698
Feb 200504,02645.226.31$25,412
Jan 200504,26543.166.32$26,964
Dec 200404,28239.866.75$28,908
Nov 200403,90045.286.33$24,689
Oct 200404,31349.706.52$28,100
Sep 200404,36143.245.28$23,043
Aug 200405,39042.375.55$29,918
Jul 200404,71238.286.08$28,669
Jun 200405,24836.106.43$33,760
May 200405,46237.486.49$35,473
Apr 200405,95634.475.86$34,893
Mar 200404,41634.365.53$24,421
Feb 200403,50332.455.51$19,300
Jan 200403,23432.036.30$20,373
Dec 200303,21330.266.30$20,247
Nov 200303,30428.804.60$15,182
Oct 200303,76928.174.76$17,939
Sep 200304,42826.314.75$21,030
Aug 200305,41929.765.13$27,798
Jul 200305,49529.415.17$28,414
Jun 200305,12728.565.98$30,675
May 200304,03626.595.97$24,106
Apr 200304,33426.675.41$23,435
Mar 200315,35331.146.10$32,663
Feb 200314,65733.487.93$36,944
Jan 200326,28030.315.58$35,116
Dec 200265,86226.914.85$28,614
Nov 200234,28624.664.14$17,805
Oct 200244,26926.464.23$18,160
Sep 200214,18527.443.64$15,241
Aug 200235,05125.963.16$16,060
Jul 200225,39824.583.06$16,577
Jun 200205,13523.733.34$17,142
May 200205,80124.663.58$20,791
Apr 200205,31023.653.51$18,650
Mar 200205,80722.003.10$18,018
Feb 200205,25418.222.38$12,482
Jan 200255,06517.172.38$12,119
Dec 2001206,25016.932.36$15,116
Nov 2001316,26918.072.41$15,640
Oct 2001216,28719.782.53$16,314
Sep 2001226,92824.262.25$16,131
Aug 200106,32124.873.05$19,299
Jul 200106,95323.933.20$22,229
Jun 200106,80624.563.82$26,027
May 200107,14825.524.31$30,789
Apr 200107,58124.685.34$40,447
Mar 200106,95724.545.38$37,404
Feb 200106,12327.755.77$35,312
Jan 200106,74927.478.40$56,683
Dec 200028,72526.889.12$79,648
Nov 2000606,54132.215.66$38,942
Oct 2000355,66531.235.15$30,242
Sep 2000467,43131.875.19$40,007
Aug 2000247,75829.644.54$35,939
Jul 200007,87728.534.09$32,215
Jun 200007,72929.304.40$33,986
May 200008,19627.263.68$30,159
Apr 200007,89024.513.12$24,585
Mar 200008,44628.422.86$24,153
Feb 200007,99027.622.73$21,785
Jan 200008,94225.272.48$22,181
Dec 199907,87024.282.42$19,075
Nov 199908,06523.192.43$19,630
Oct 199908,15220.982.80$22,856
Sep 1999010,19221.752.62$26,691
Aug 1999012,36119.262.88$35,545
Jul 199909,33717.892.37$22,151
Jun 1999010,87115.942.36$25,678
May 1999010,34715.792.32$24,016
Apr 1999010,14115.102.21$22,392
Mar 1999010,87212.471.84$19,986
Feb 199909,9309.981.82$18,051
Jan 1999011,14710.381.90$21,179
Dec 1998011,5889.201.77$20,549
Nov 1998011,34810.892.19$24,804
Oct 1998012,12612.421.97$23,879
Sep 1998012,01712.592.08$25,027
Aug 1998012,31211.301.91$23,483
Jul 1998013,07311.742.24$29,248
Jun 1998012,86311.242.24$28,778
May 1998013,44512.622.21$29,664
Apr 1998010,35913.042.51$25,953
Mar 1998014,56712.802.31$33,642
Feb 1998013,09613.952.30$30,109
Jan 1998015,33014.702.15$33,033
Dec 1997016,27416.322.41$39,238
Nov 1997015,57818.193.09$48,109
Oct 1997014,10819.253.15$44,438
Sep 1997017,12017.742.95$50,588
Aug 1997018,38817.862.55$46,977
Jul 1997019,83717.582.25$44,573
Jun 1997019,69717.242.26$44,460
May 1997222,78618.972.31$52,639
Apr 1997124,81417.882.08$51,700
Mar 1997128,84018.951.94$55,944
Feb 1997130,83520.492.21$68,039
Jan 19971444,74423.483.54$158,709
Dec 19962423,01623.32$560
Nov 1996063521.97$0
Oct 199601,34223.31$0
Sep 1996076722.22$0
Aug 1996082620.26$0
Jul 1996091019.55$0
Jun 1996044318.73$0
May 1996081419.43$0
Apr 199601,03921.51$0
Mar 199601,11119.38$0
Feb 1996085016.98$0
Jan 1996098717.07$0
Dec 199501,13417.19$0
Nov 199501,11416.00$0
Oct 199501,07815.43$0
Sep 199501,19716.18$0
Aug 199501,02115.92$0
Jul 199501,22515.24$0
Jun 199501,25816.41$0
May 199501,08217.56$0
Apr 199501,10617.73$0
Mar 199501,29716.44$0
Feb 199501,27816.58$0
Jan 199501,38215.92$0
Dec 199411,42015.03$15
Nov 199401,43215.90$0
Oct 199401,44215.58$0
Sep 199401,44315.29$0
Aug 199401,34516.13$0
Jul 199401,35917.56$0
Jun 199401,32417.09$0
May 199401,35415.88$0
Apr 199401,42614.14$0
Mar 199401,56412.46$0
Feb 199401,23412.50$0
Jan 199401,35412.66$0
Dec 199301,41212.33$0
Nov 199301,40014.49$0
Oct 199301,49815.85$0
Sep 199301,39015.03$0
Aug 199301,35515.66$0
Jul 199301,52515.46$0
Jun 199301,52816.79$0
May 1993053617.68$0
Apr 1993091918.05$0
Mar 199301,29418.14$0
Feb 199301,17117.90$0
Jan 199301,37316.93$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 2018 — as filed, then multipliedworked
Condensate             3 bbl  × $ 63.84 =       $192
Gas                    0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                     $192

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/88176 is the state's own key, not one this site invented.