HEREFORD -T-

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BASHARA-HEREFORD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119349District 04Field 05993001NGPA filingCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$41 k
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1979-10-13
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 1986-12-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2008.

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
NGPA1none

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
CondensateDisposition3,400 bbl$97,589
GasProduction558,562 Mcf$1,889,087
Total$1,986,675

107,647 Mcf of this lease's gas, across 31 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 27.3590, -99.3426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35899, -99.34264 · 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
8,598 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 8,598 ft.

Completions filed
Nov 1985
1 of 1 wells

1 well

42-47934171188,598 ftNov 1985

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 20264752106.413.05$2,716
Apr 2026489098.932.87$2,950
Mar 2026476589.753.15$2,768
Feb 2026070363.503.75$2,636
Jan 2026390559.138.00$7,416
Dec 2025376856.664.41$3,559
Nov 2025478458.593.93$3,313
Oct 2025491559.383.30$3,261
Sep 2025485362.743.08$2,876
Aug 2025485863.933.01$2,842
Jul 2025390166.743.32$3,187
Jun 202531,05866.483.13$3,510
May 2025392960.553.23$3,184
Apr 202531,35362.363.54$4,981
Mar 202541,97167.704.27$8,684
Feb 202541,88970.884.34$8,483
Jan 202561,19474.324.28$5,555
Dec 20241598668.993.12$4,113
Nov 202461,84869.052.20$4,477
Oct 202461,85671.372.28$4,663
Sep 202471,71769.612.36$4,547
Aug 2024142,05975.632.06$5,308
Jul 202472,12379.932.15$5,117
Jun 2024121,94478.082.63$6,057
May 202451,87378.812.20$4,512
Apr 202481,86484.451.66$3,768
Mar 202441,95380.301.55$3,339
Feb 202431,60976.091.78$3,098
Jan 202431,29673.023.30$4,493
Dec 2023783671.262.61$2,681
Nov 2023599177.892.81$3,172
Oct 202351,24785.443.09$4,277
Sep 202391,89289.042.74$5,976
Aug 202351,62280.522.67$4,738
Jul 2023101,54874.852.64$4,838
Jun 202351,59368.962.26$3,943
May 202371,76270.622.23$4,419
Apr 202331,30978.122.24$3,164
Mar 2023386072.852.39$2,277
Feb 2023493375.112.47$2,601
Jan 2023480076.533.39$3,016
Dec 2022111,30076.415.73$8,288
Nov 202241,47485.005.65$8,663
Oct 202271,61787.185.86$10,092
Sep 202231,11484.888.16$9,349
Aug 202231,15194.529.13$10,789
Jul 202231,118101.587.54$8,737
Jun 202251,017115.097.98$8,688
May 202231,232109.378.43$10,718
Apr 20222982104.226.84$6,923
Mar 20224885108.885.08$4,928
Feb 2022582191.054.86$4,444
Jan 2022395281.844.54$4,565
Dec 2021397471.323.90$4,012
Nov 2021093477.435.24$4,891
Oct 2021559879.795.71$3,816
Sep 2021381969.865.35$4,592
Aug 2021589466.024.22$4,103
Jul 2021374370.783.98$3,171
Jun 2021387069.493.38$3,150
May 2021596663.483.02$3,232
Apr 2021593260.362.76$2,873
Mar 202151,00261.302.72$3,029
Feb 2021387757.805.55$5,039
Jan 2021397250.412.81$2,883
Dec 2020392044.642.68$2,595
Nov 2020597238.772.71$2,825
Oct 2020597636.972.48$2,604
Sep 2020596137.091.99$2,099
Aug 2020599439.982.39$2,571
Jul 2020398838.371.83$1,918
Jun 2020787334.901.69$1,720
May 2020395916.921.81$1,791
Apr 202061,02314.751.80$1,934
Mar 202051,18730.341.86$2,355
Feb 2020590249.881.98$2,036
Jan 202031,02957.252.09$2,327
Dec 201971,04659.012.30$2,823
Nov 201921,02155.302.75$2,919
Oct 201921,01453.472.42$2,559
Sep 2019596355.052.66$2,834
Aug 201961,09553.112.30$2,842
Jul 201921,01856.272.46$2,617
Jun 201931,05152.782.49$2,777
May 201951,06858.482.74$3,219
Apr 2019289962.632.75$2,598
Mar 2019591856.803.06$3,095
Feb 2019389150.852.79$2,640
Jan 201941,01846.033.23$3,470
Dec 2018583446.594.19$3,724
Nov 2018287452.934.24$3,809
Oct 2018292661.443.40$3,270
Sep 2018790259.543.11$3,220
Aug 2018096459.403.07$2,956
Jul 2018595265.142.93$3,117
Jun 2018292460.183.08$2,963
May 2018088865.382.90$2,576
Apr 2018092163.842.90$2,672
Mar 201801,00661.222.79$2,804
Feb 2018086661.782.77$2,395
Jan 201801,00862.874.01$4,041
Dec 201701,13757.272.92$3,322
Nov 201701,09255.423.12$3,405
Oct 2017198649.292.98$2,991
Sep 201701,16147.523.09$3,584
Aug 201701,13945.373.00$3,422
Jul 201701,10243.873.09$3,402
Jun 201701,13142.493.09$3,492
May 201701,34045.373.26$4,373
Apr 201701,01747.933.21$3,266
Mar 201701,05046.772.98$3,133
Feb 201701,04150.452.95$3,074
Jan 201701,12049.413.42$3,829
Dec 201601,25748.763.72$4,680
Nov 201601,18042.492.64$3,120
Oct 2016091946.193.09$2,840
Sep 2016013241.553.10$409
Aug 2016086241.442.92$2,521
Jul 2016073941.622.92$2,161
Jun 2016089545.352.69$2,404
May 2016089342.521.99$1,778
Apr 2016085836.561.99$1,708
Mar 2016097033.011.79$1,740
Feb 201621,00526.472.06$2,127
Jan 201601,11527.352.36$2,636
Dec 201501,22532.362.00$2,452
Nov 201501,13938.792.17$2,469
Oct 201501,18843.552.43$2,883
Sep 201501,20642.992.76$3,327
Aug 201501,23440.162.87$3,545
Jul 201501,35748.152.95$3,996
Jun 201501,11156.152.88$3,203
May 201501,20255.212.96$3,552
Apr 201501,10849.822.71$2,999
Mar 201501,06842.892.93$3,134
Feb 201501,02244.662.98$3,042
Jan 201501,01443.433.10$3,144
Dec 201401,00354.693.59$3,602
Nov 201401,04370.464.25$4,435
Oct 201401,11478.303.90$4,346
Sep 201401,13586.164.05$4,592
Aug 201401,20689.394.04$4,866
Jul 201401,14296.564.18$4,773
Jun 201401,11998.164.74$5,301
May 201401,16094.734.73$5,483
Apr 201401,09295.944.81$5,252
Mar 201401,09895.895.06$5,552
Feb 2014074397.406.19$4,601
Jan 201401,10390.404.86$5,361
Dec 201301,18891.824.35$5,173
Nov 201301,13788.853.74$4,250
Oct 201301,10097.423.78$4,157
Sep 201301,211104.113.72$4,502
Aug 201301,867104.253.52$6,577
Jul 201301,209102.523.72$4,495
Jun 201301,27694.403.93$5,019
May 2013094994.834.15$3,937
Apr 201301,16393.964.28$4,981
Mar 201301,19293.623.91$4,664
Feb 201301,72991.233.42$5,913
Jan 2013098691.603.42$3,372
Dec 201201,16286.773.42$3,974
Nov 201201,31886.953.62$4,778
Oct 201201,15189.383.40$3,913
Sep 201201,15094.672.92$3,356
Aug 201201,23292.662.91$3,583
Jul 201201185.133.02$33
Jun 201221,07579.822.52$2,868
May 201201,22391.612.49$3,043
Apr 201201,211101.652.00$2,418
Mar 201221,091105.052.22$2,634
Feb 201201,139101.102.57$2,928
Jan 201201,11798.092.73$3,054
Dec 201101,13096.873.24$3,661
Nov 201101,20795.723.31$3,997
Oct 201101,07384.983.65$3,915
Sep 201101,12083.623.99$4,464
Aug 201101,37583.404.15$5,705
Jul 201101,31194.144.52$5,922
Jun 201101,19492.904.64$5,540
May 201101,10298.134.40$4,854
Apr 201101,124105.964.33$4,871
Mar 201101,24996.364.06$5,068
Feb 201111,10185.644.18$4,688
Jan 201101,23186.504.59$5,649
Dec 201001,18585.734.35$5,152
Nov 201001,18680.843.80$4,501
Oct 201001,27278.103.51$4,463
Sep 201001,19272.633.98$4,744
Aug 201001,36773.684.42$6,041
Jul 201001,34372.554.74$6,361
Jun 201001,32370.364.91$6,496
May 201001,29571.124.24$5,485
Apr 201001,24281.694.12$5,120
Mar 201001,31678.394.39$5,775
Feb 201001,14773.585.44$6,242
Jan 201001,28774.365.96$7,676
Dec 200901,29271.445.48$7,085
Nov 200901,28174.593.75$4,806
Oct 200901,26772.544.11$5,208
Sep 200911,41565.543.06$4,402
Aug 200911,60267.423.22$5,223
Jul 200911,00261.133.46$3,533
Jun 200911,23666.163.90$4,880
May 200941,22154.743.93$5,012
Apr 200921,07846.773.59$3,961
Mar 200921,37442.144.06$5,661
Feb 200911,27532.814.63$5,940
Jan 200911,28835.865.37$6,954
Dec 200831,37237.105.98$8,312
Nov 200821,30255.496.86$9,043
Oct 200811,36975.246.92$9,551
Sep 200821,216101.767.88$9,782
Aug 200821,119114.228.48$9,721
Jul 200831,307131.0811.39$15,279
Jun 200831,403131.3313.03$18,679
May 200821,418123.1711.57$16,659
Apr 200811,341110.3110.45$14,130
Mar 200821,434101.909.66$14,062
Feb 200821,32692.538.77$11,815
Jan 200821,31290.388.21$10,947
Dec 200721,39888.337.30$10,385
Nov 200701,29391.677.29$9,428
Oct 200771,45782.856.92$10,665
Sep 200701,34075.846.24$8,367
Aug 200731,50869.066.39$9,840
Jul 200711,24770.906.39$8,037
Jun 2007276662.007.55$5,906
May 200731,19058.747.85$9,513
Apr 200751,45359.617.81$11,639
Mar 200731,58056.927.30$11,708
Feb 200721,35155.108.22$11,210
Jan 200731,60550.306.73$10,947
Dec 200651,49056.656.92$10,592
Nov 200631,38054.207.62$10,675
Oct 200611,49554.906.01$9,046
Sep 200661,44960.085.04$7,659
Aug 200621,50268.717.34$11,162
Jul 200621,39369.376.34$8,974
Jun 200621,34966.286.38$8,744
May 200641,22366.016.42$8,122
Apr 200641,52264.397.36$11,460
Mar 200671,47556.707.08$10,844
Feb 200671,33057.597.75$10,712
Jan 200681,47760.598.93$13,679
Dec 200521,61554.9413.42$21,776
Nov 200551,27654.6910.59$13,784
Oct 200541,54358.3413.80$21,520
Sep 200521,13061.4512.08$13,772
Aug 200551,02161.519.80$10,310
Jul 2005186755.697.84$6,856
Jun 2005290952.337.38$6,814
May 200521,41445.226.65$9,495
Apr 200571,15149.207.36$8,816
Mar 200541,42650.377.15$10,404
Feb 200561,13445.226.31$7,429
Jan 200521,39143.166.32$8,881
Dec 2004381,01039.866.75$8,333
Nov 200421,14445.286.33$7,333
Oct 200421,00749.706.52$6,660
Sep 200441,09243.245.28$5,943
Aug 200411,24642.375.55$6,958
Jul 2004395738.286.08$5,937
Jun 200421,30636.106.43$8,474
May 2004501,41237.486.49$11,044
Apr 200421,25234.475.86$7,404
Mar 200441,13134.365.53$6,392
Feb 200421,01632.455.51$5,663
Jan 200451,17032.036.30$7,531
Dec 200341,27230.266.30$8,137
Nov 200321,10228.804.60$5,121
Oct 200341,20428.174.76$5,843
Sep 200331,02226.314.75$4,933
Aug 200331,28129.765.13$6,660
Jul 20031431,49029.415.17$11,910
Jun 200321,25228.565.98$7,548
May 200371,32326.595.97$8,088
Apr 200341,52926.675.41$8,374
Mar 2003132,39831.146.10$15,023
Feb 200361,26333.487.93$10,211
Jan 200371,53930.315.58$8,803
Dec 200271,34126.914.85$6,697
Nov 200261,42424.664.14$6,039
Oct 200231,17526.464.23$5,049
Sep 200241,40127.443.64$5,203
Aug 200231,16325.963.16$3,758
Jul 200201,08424.583.06$3,319
Jun 200201,61423.733.34$5,388
May 200201,46024.663.58$5,233
Apr 200201,58423.653.51$5,564
Mar 200201,33022.003.10$4,127
Feb 200201,52118.222.38$3,613
Jan 200201,82517.172.38$4,336
Dec 200101,57216.932.36$3,717
Nov 200101,25518.072.41$3,019
Oct 200101,41719.782.53$3,583
Sep 20011111,49424.262.25$6,056
Aug 200101,32624.873.05$4,048
Jul 2001781,18523.933.20$5,655
Jun 200101,41724.563.82$5,419
May 200101,53025.524.31$6,590
Apr 200101,40924.685.34$7,517
Mar 200101,51424.545.38$8,140
Feb 20010027.755.77$0
Jan 200101,58127.478.40$13,278
Dec 200001,72726.889.12$15,755
Nov 200001,74932.215.66$9,896
Oct 20001431,49931.235.15$12,179
Sep 200001,57731.875.19$8,179
Aug 200001,69429.644.54$7,692
Jul 200001,75028.534.09$7,157
Jun 200001,37829.304.40$6,059
May 200001,48827.263.68$5,475
Apr 200001,58224.513.12$4,930
Mar 200001,71128.422.86$4,893
Feb 200001,71327.622.73$4,670
Jan 200001,90325.272.48$4,720
Dec 199902,57424.282.42$6,239
Nov 199902,74123.192.43$6,672
Oct 199902,75820.982.80$7,733
Sep 19991262,40421.752.62$9,036
Aug 199901,79619.262.88$5,165
Jul 199901,73917.892.37$4,126
Jun 199901,34615.942.36$3,179
May 199901,77515.792.32$4,120
Apr 199901,66315.102.21$3,672
Mar 199901,70012.471.84$3,125
Feb 199902,0619.981.82$3,746
Jan 199902,05110.381.90$3,897
Dec 199802,0259.201.77$3,591
Nov 199801,85310.892.19$4,050
Oct 19981181,87912.421.97$5,166
Sep 199801,74412.592.08$3,632
Aug 199801,88111.301.91$3,588
Jul 199801,83111.742.24$4,096
Jun 199802,20811.242.24$4,940
May 199802,01312.622.21$4,441
Apr 199801,60513.042.51$4,021
Mar 199801,62912.802.31$3,762
Feb 199801,90413.952.30$4,378
Jan 199801,87114.702.15$4,032
Dec 1997961,76116.322.41$5,813
Nov 1997721,77418.193.09$6,788
Oct 199701,59319.253.15$5,018
Sep 1997751,87917.742.95$6,883
Aug 199701,72917.862.55$4,417
Jul 19971391,62917.582.25$6,104
Jun 199701,62917.242.26$3,677
May 199701,56918.972.31$3,622
Apr 199701,55117.882.08$3,230
Mar 199721,41518.951.94$2,782
Feb 199701,59820.492.21$3,525
Jan 199702,19023.483.54$7,752
Dec 199611,32623.32$23
Nov 19961341,98321.97$2,944
Oct 199601,21223.31$0
Sep 199602,09022.22$0
Aug 199602,06520.26$0
Jul 199601,95119.55$0
Jun 199601,84618.73$0
May 199602,17719.43$0
Apr 19961302,21021.51$2,796
Mar 199602,03619.38$0
Feb 199601,70016.98$0
Jan 199632,38917.07$51
Dec 199502,05217.19$0
Nov 19951122,16016.00$1,792
Oct 199512,62415.43$15
Sep 199502,65716.18$0
Aug 19951341,94715.92$2,133
Jul 199502,32715.24$0
Jun 199502,82416.41$0
May 199503,17917.56$0
Apr 199502,97217.73$0
Mar 19951632,14516.44$2,680
Feb 199502,37816.58$0
Jan 199502,84315.92$0
Dec 199404,14715.03$0
Nov 1994704,40615.90$1,113
Oct 199404,06315.58$0
Sep 19941334,15215.29$2,034
Aug 19941487,14916.13$2,387
Jul 19941459,83517.56$2,546
Jun 199432220,80217.09$5,503
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

May 2026 — as filed, then multipliedworked
Condensate             4 bbl  × $106.41 =       $426
Gas                  752 Mcf  × $  3.05 =     $2,290

────────────────────────────────────────────────────
Month total                                   $2,716

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/119349 is the state's own key, not one this site invented.