B.M.T.
B.M.T. is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Conoco Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1998 to August 2026, totalling 1,407,342 thousand cubic feet. The lease is shut in. 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 $31K, with roughly $4K 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 213 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,292 thousand cubic feet.
Key facts about B.M.T.
- Who operates B.M.T.?
- B.M.T. is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is B.M.T.?
- B.M.T. is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 169403.
- Is B.M.T. still producing?
- B.M.T. is shut in. The most recent month of production reported to the Railroad Commission of Texas for B.M.T. is August 2026.
- How much has B.M.T. produced?
- B.M.T. has reported 1,407,342 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1998 and August 2026, from 1 wellbore.
- How much is B.M.T. worth?
- The remaining production from B.M.T. is estimated to be worth about $31K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in B.M.T. is a fraction of it. The estimate fits an Arps decline curve to the production B.M.T. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for B.M.T. is an estimate of value, not an offer and not an appraisal.
- How much income does B.M.T. generate in a year?
- B.M.T. is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in B.M.T. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | B.M.T. (Lobo) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 169403 |
| Wellbores | 1 |
| Reported production | 1,407,342 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where B.M.T. 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.