BMT-FNB

BMT-FNB is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Conoco Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2000 to August 2026, totalling 1,008,233 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $72K, with roughly $11K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 528 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 1,628 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about BMT-FNB

Who operates BMT-FNB?
BMT-FNB is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
Where is BMT-FNB?
BMT-FNB is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 176267.
Is BMT-FNB still producing?
BMT-FNB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BMT-FNB is August 2026.
How much has BMT-FNB produced?
BMT-FNB has reported 1,008,233 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2000 and August 2026, from 1 wellbore.
How much is BMT-FNB worth?
The remaining production from BMT-FNB is estimated to be worth about $72K in total as of 27 August 2026, within a range of $56K to $88K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BMT-FNB is a fraction of it. The estimate fits an Arps decline curve to the production BMT-FNB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BMT-FNB is an estimate of value, not an offer and not an appraisal.
How much income does BMT-FNB generate in a year?
BMT-FNB is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BMT-FNB receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BMT-FNB as filed with the Railroad Commission of Texas
OperatorConoco Inc.
FieldLa Perla (Lobo Cons.)
CountyZapata County, Texas
RRC district04
Lease number176267
Wellbores1
Reported production1,008,233 mcf
First reported
Last reported
Estimated royalty value$72K

Where BMT-FNB sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.