HEREFORD, L.M. -B-

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123254District 04Field 05993600CondensateGasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$5 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 182 leases and 182 wells, and the rule below applies to all of them.

Discovered
1986-07-30
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/94.

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
CondensateDisposition1,145 bbl$42,727
GasProduction999,360 Mcf$2,878,503
Total$2,921,229

342,988 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 27.3312, -99.4134. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33121, -99.41343 · 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
8,500 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 8,500 ft.

Completions filed
Jan 1987
1 of 1 wells

1 well

42-47934433178,500 ftJan 1987

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 2026075106.413.05$228
Apr 202609698.932.87$275
Mar 202607289.753.15$227
Feb 202607563.503.75$281
Jan 202618559.138.00$739
Dec 2025011556.664.41$508
Nov 2025013158.593.93$514
Oct 2025010559.383.30$347
Sep 2025010462.743.08$320
Aug 2025012063.933.01$362
Jul 2025012866.743.32$424
Jun 2025112266.483.13$448
May 2025013960.553.23$449
Apr 2025113262.363.54$530
Mar 2025011167.704.27$474
Feb 202517270.884.34$383
Jan 2025114274.324.28$682
Dec 2024215268.993.12$612
Nov 2024119669.052.20$500
Oct 2024122271.372.28$578
Sep 2024117969.612.36$493
Aug 2024222275.632.06$609
Jul 2024120879.932.15$526
Jun 2024123278.082.63$689
May 2024121978.812.20$560
Apr 2024122284.451.66$453
Mar 2024123880.301.55$448
Feb 2024019376.091.78$344
Jan 202419973.023.30$399
Dec 2023120171.262.61$596
Nov 2023114177.892.81$474
Oct 2023114985.443.09$545
Sep 2023119289.042.74$614
Aug 2023119380.522.67$596
Jul 2023123174.852.64$685
Jun 2023120468.962.26$530
May 2023222370.622.23$638
Apr 2023121378.122.24$555
Mar 2023125472.852.39$681
Feb 2023120675.112.47$583
Jan 2023123976.533.39$886
Dec 2022225776.415.73$1,625
Nov 2022121585.005.65$1,299
Oct 2022121587.185.86$1,348
Sep 2022122284.888.16$1,897
Aug 2022121394.529.13$2,039
Jul 20221222101.587.54$1,776
Jun 20221204115.097.98$1,742
May 20221239109.378.43$2,125
Apr 20221249104.226.84$1,807
Mar 20221201108.885.08$1,129
Feb 2022116591.054.86$893
Jan 2022017781.844.54$803
Dec 2021016571.323.90$643
Nov 2021015577.435.24$812
Oct 202119179.795.71$600
Sep 2021114269.865.35$830
Aug 2021016366.024.22$688
Jul 202113570.783.98$210
Jun 2021122269.493.38$820
May 2021125563.483.02$833
Apr 2021124660.362.76$739
Mar 2021119461.302.72$588
Feb 2021120057.805.55$1,167
Jan 2021119750.412.81$604
Dec 2020122944.642.68$657
Nov 2020121838.772.71$629
Oct 2020123136.972.48$609
Sep 2020119537.091.99$425
Aug 2020115939.982.39$419
Jul 2020015038.371.83$274
Jun 2020115734.901.69$300
May 2020012616.921.81$229
Apr 2020115214.751.80$289
Mar 2020114730.341.86$303
Feb 2020115549.881.98$357
Jan 2020020757.252.09$434
Dec 2019118359.012.30$481
Nov 2019016255.302.75$446
Oct 2019019653.472.42$474
Sep 2019119955.052.66$584
Aug 2019120753.112.30$530
Jul 2019018656.272.46$458
Jun 2019017152.782.49$426
May 2019119758.482.74$598
Apr 2019119162.632.75$588
Mar 2019118656.803.06$626
Feb 2019013350.852.79$371
Jan 2019114846.033.23$524
Dec 2018114746.594.19$662
Nov 2018114552.934.24$667
Oct 2018019661.443.40$666
Sep 2018115959.543.11$554
Aug 2018015859.403.07$485
Jul 2018216065.142.93$599
Jun 2018122260.183.08$743
May 2018021465.382.90$621
Apr 2018023563.842.90$682
Mar 2018026961.222.79$750
Feb 2018023061.782.77$636
Jan 2018126162.874.01$1,109
Dec 2017023957.272.92$698
Nov 2017034655.423.12$1,079
Oct 2017148649.292.98$1,499
Sep 201701,26847.523.09$3,915
Aug 201701,40245.373.00$4,212
Jul 201701,19743.873.09$3,695
Jun 2017099442.493.09$3,069
May 201701,48145.373.26$4,833
Apr 201701,29647.933.21$4,162
Mar 201701,48846.772.98$4,440
Feb 201701,24250.452.95$3,667
Jan 201701,25249.413.42$4,280
Dec 201601,35348.763.72$5,037
Nov 201601,19942.492.64$3,171
Oct 201601,45346.193.09$4,490
Sep 201601,30141.553.10$4,034
Aug 2016084641.442.92$2,474
Jul 2016099341.622.92$2,904
Jun 201601,38245.352.69$3,712
May 201601,35842.521.99$2,704
Apr 201601,03336.561.99$2,057
Mar 201601,80033.011.79$3,229
Feb 201631,61326.472.06$3,408
Jan 201601,79027.352.36$4,232
Dec 201501,81532.362.00$3,633
Nov 201502,17638.792.17$4,716
Oct 201502,43143.552.43$5,899
Sep 201501,78642.992.76$4,927
Aug 201501,84240.162.87$5,291
Jul 201501,79148.152.95$5,275
Jun 201501,63956.152.88$4,725
May 201501,68655.212.96$4,983
Apr 201501,67549.822.71$4,534
Mar 201501,88342.892.93$5,526
Feb 201501,59744.662.98$4,753
Jan 201501,72043.433.10$5,333
Dec 201401,85954.693.59$6,676
Nov 201401,77870.464.25$7,560
Oct 201401,84978.303.90$7,213
Sep 201401,72186.164.05$6,962
Aug 201401,74189.394.04$7,025
Jul 201402,38796.564.18$9,977
Jun 201401,30498.164.74$6,177
May 201402,05394.734.73$9,704
Apr 201401,91695.944.81$9,214
Mar 2014082095.895.06$4,147
Feb 2014068497.406.19$4,235
Jan 201401,44290.404.86$7,009
Dec 201301,46491.824.35$6,375
Nov 201301,32688.853.74$4,957
Oct 201301,67397.423.78$6,323
Sep 201301,042104.113.72$3,874
Aug 201301,536104.253.52$5,411
Jul 201301,248102.523.72$4,640
Jun 2013022794.403.93$893
May 2013057894.834.15$2,398
Apr 201301,10393.964.28$4,724
Mar 201301,46593.623.91$5,732
Feb 201302,77891.233.42$9,501
Jan 201301,98791.603.42$6,795
Dec 201201,84186.773.42$6,297
Nov 201201,31786.953.62$4,774
Oct 2012084989.383.40$2,886
Sep 201201,92894.672.92$5,627
Aug 201201,38092.662.91$4,013
Jul 20120985.133.02$27
Jun 201221,86479.822.52$4,855
May 201201,94591.612.49$4,840
Apr 201202,156101.652.00$4,305
Mar 201242,423105.052.22$5,804
Feb 201202,808101.102.57$7,217
Jan 201201,96598.092.73$5,372
Dec 201101,90296.873.24$6,162
Nov 201101,84995.723.31$6,123
Oct 201102,58884.983.65$9,442
Sep 201102,79383.623.99$11,132
Aug 201102,75283.404.15$11,419
Jul 2011029494.144.52$1,328
Jun 201102,44492.904.64$11,340
May 201101,77598.134.40$7,819
Apr 201101,380105.964.33$5,980
Mar 201102,15496.364.06$8,740
Feb 201121,94185.644.18$8,285
Jan 201102,01386.504.59$9,237
Dec 201002,14385.734.35$9,317
Nov 201002,05180.843.80$7,784
Oct 201002,12178.103.51$7,442
Sep 201002,49872.633.98$9,941
Aug 201001,76273.684.42$7,787
Jul 201001,83672.554.74$8,696
Jun 201001,79270.364.91$8,799
May 201002,26971.124.24$9,610
Apr 201002,11181.694.12$8,703
Mar 201002,40778.394.39$10,564
Feb 201002,71773.585.44$14,787
Jan 201002,46274.365.96$14,684
Dec 200902,43971.445.48$13,375
Nov 200902,85174.593.75$10,696
Oct 200901,93372.544.11$7,945
Sep 200922,12665.543.06$6,647
Aug 200922,13467.423.22$7,003
Jul 200922,77761.133.46$9,743
Jun 200932,57066.163.90$10,209
May 2009123,64554.743.93$14,966
Apr 200963,68746.773.59$13,508
Mar 200953,10342.144.06$12,806
Feb 200922,68832.814.63$12,519
Jan 200922,62135.865.37$14,149
Dec 200872,66237.105.98$16,171
Nov 200842,42355.496.86$16,845
Oct 200822,42875.246.92$16,957
Sep 200842,297101.767.88$18,501
Aug 200853,107114.228.48$26,928
Jul 200873,220131.0811.39$37,592
Jun 200873,026131.3313.03$40,356
May 200853,242123.1711.57$38,140
Apr 200833,320110.3110.45$35,041
Mar 200853,569101.909.66$35,001
Feb 200853,57792.538.77$31,835
Jan 200863,75090.388.21$31,314
Dec 200763,37488.337.30$25,167
Nov 200704,19491.677.29$30,581
Oct 2007194,27882.856.92$31,186
Sep 200703,62875.846.24$22,654
Aug 200773,21769.066.39$21,033
Jul 200733,08970.906.39$19,945
Jun 200762,73262.007.55$20,994
May 200752,83258.747.85$22,514
Apr 2007102,37259.617.81$19,110
Mar 200762,71956.927.30$20,196
Feb 200732,67755.108.22$22,160
Jan 200763,00050.306.73$20,482
Dec 2006102,84256.656.92$20,229
Nov 200662,77454.207.62$21,456
Oct 200633,12854.906.01$18,976
Sep 2006123,10260.085.04$16,346
Aug 200663,21668.717.34$24,017
Jul 200663,69669.376.34$23,859
Jun 200652,78266.286.38$18,091
May 200652,66666.016.42$17,459
Apr 200631,18364.397.36$8,901
Mar 200681,68756.707.08$12,402
Feb 200681,53657.597.75$12,366
Jan 200691,83060.598.93$16,893
Dec 200531,53954.9413.42$20,811
Nov 200551,65754.6910.59$17,818
Oct 200531,33658.3413.80$18,606
Sep 2005291561.4512.08$11,175
Aug 200561,37561.519.80$13,840
Jul 200521,13655.697.84$9,022
Jun 200541,58152.337.38$11,879
May 200531,84945.226.65$12,434
Apr 2005362149.207.36$4,718
Mar 2005350750.377.15$3,779
Feb 200581,30445.226.31$8,593
Jan 200541,92543.166.32$12,343
Dec 2004101,73639.866.75$12,118
Nov 200442,16945.286.33$13,912
Oct 200462,57749.706.52$17,088
Sep 200492,51843.245.28$13,694
Aug 200442,61042.375.55$14,657
Jul 200462,84738.286.08$17,551
Jun 200452,78236.106.43$18,077
May 2004132,90437.486.49$19,348
Apr 200442,97534.475.86$17,567
Mar 2004102,67234.365.53$15,120
Feb 200462,58732.455.51$14,448
Jan 2004122,66932.036.30$17,198
Dec 2003102,80730.266.30$17,991
Nov 200352,46428.804.60$11,466
Oct 2003102,56428.174.76$12,485
Sep 200362,55826.314.75$12,307
Aug 200362,81929.765.13$14,639
Jul 200352,80029.415.17$14,625
Jun 200342,69628.565.98$16,244
May 2003132,76526.595.97$16,860
Apr 200362,77126.675.41$15,144
Mar 2003192,84931.146.10$17,959
Feb 2003122,40433.487.93$19,456
Jan 2003132,89830.315.58$16,571
Dec 2002142,94226.914.85$14,657
Nov 2002142,80424.664.14$11,945
Oct 200273,04826.464.23$13,076
Sep 200282,66327.443.64$9,900
Aug 200282,98625.963.16$9,656
Jul 200203,06224.583.06$9,375
Jun 200203,01223.733.34$10,055
May 200203,28424.663.58$11,770
Apr 200203,12023.653.51$10,958
Mar 200203,09322.003.10$9,597
Feb 200202,86618.222.38$6,809
Jan 200203,31817.172.38$7,883
Dec 200103,25016.932.36$7,684
Nov 200103,32318.072.41$7,994
Oct 200103,28819.782.53$8,315
Sep 200103,25324.262.25$7,324
Aug 200103,20324.873.05$9,779
Jul 200103,35523.933.20$10,726
Jun 200103,22624.563.82$12,337
May 200103,32225.524.31$14,309
Apr 200103,33524.685.34$17,793
Mar 200103,22724.545.38$17,350
Feb 20010027.755.77$0
Jan 200103,27527.478.40$27,506
Dec 200003,19926.889.12$29,183
Nov 200003,07632.215.66$17,404
Oct 200003,21131.235.15$16,522
Sep 200002,90931.875.19$15,088
Aug 200003,15829.644.54$14,340
Jul 200003,15028.534.09$12,883
Jun 200003,18829.304.40$14,018
May 200003,38327.263.68$12,449
Apr 200003,01424.513.12$9,392
Mar 200003,08828.422.86$8,831
Feb 200003,05827.622.73$8,338
Jan 200003,78125.272.48$9,379
Dec 199903,93424.282.42$9,535
Nov 199903,52223.192.43$8,573
Oct 199904,01520.982.80$11,257
Sep 199904,15221.752.62$10,873
Aug 199904,30019.262.88$12,365
Jul 199904,38617.892.37$10,405
Jun 199904,29915.942.36$10,155
May 199904,30215.792.32$9,985
Apr 199904,20715.102.21$9,289
Mar 199904,13912.471.84$7,609
Feb 199904,2199.981.82$7,669
Jan 199903,58410.381.90$6,809
Dec 199804,3329.201.77$7,682
Nov 199804,03110.892.19$8,811
Oct 199804,24912.421.97$8,367
Sep 199804,04312.592.08$8,420
Aug 199804,02611.301.91$7,679
Jul 199804,31711.742.24$9,658
Jun 199803,99411.242.24$8,936
May 199804,08912.622.21$9,022
Apr 199804,04213.042.51$10,127
Mar 199804,18612.802.31$9,667
Feb 199803,70013.952.30$8,507
Jan 199804,57114.702.15$9,850
Dec 199704,49416.322.41$10,835
Nov 199704,18918.193.09$12,937
Oct 199705,29819.253.15$16,688
Sep 199704,13017.742.95$12,204
Aug 199704,80517.862.55$12,276
Jul 199705,07617.582.25$11,405
Jun 199715,07617.242.26$11,475
May 199705,04218.972.31$11,639
Apr 199706,32217.882.08$13,167
Mar 1997028918.951.94$560
Feb 199704,47920.492.21$9,880
Jan 199705,77823.483.54$20,452
Dec 199604,32123.32$0
Nov 199605,31621.97$0
Oct 199605,62623.31$0
Sep 199606,42622.22$0
Aug 199605,71320.26$0
Jul 199603,55819.55$0
Jun 199604,70918.73$0
May 199605,08419.43$0
Apr 199605,18421.51$0
Mar 199605,39119.38$0
Feb 199604,63016.98$0
Jan 199606,08917.07$0
Dec 199506,12117.19$0
Nov 199505,75316.00$0
Oct 199505,69915.43$0
Sep 199505,99816.18$0
Aug 199506,84015.92$0
Jul 19951447,13515.24$2,195
Jun 199507,16616.41$0
May 199507,20517.56$0
Apr 199506,82817.73$0
Mar 199507,03516.44$0
Feb 199506,36516.58$0
Jan 199506,60315.92$0
Dec 199406,68215.03$0
Nov 199417,01315.90$16
Oct 199407,14215.58$0
Sep 199426,90315.29$31
Aug 199407,13916.13$0
Jul 19941777,43217.56$3,108
Jun 199407,15217.09$0
May 199417,71315.88$16
Apr 199407,98214.14$0
Mar 199408,20412.46$0
Feb 199417,21712.50$13
Jan 199418,11012.66$13
Dec 199318,97712.33$12
Nov 199317,10914.49$14
Oct 199319,25615.85$16
Sep 199309,08515.03$0
Aug 199319,63515.66$16
Jul 199309,92415.46$0
Jun 1993010,50516.79$0
May 1993010,07717.68$0
Apr 199309,16018.05$0
Mar 19931839,83718.14$3,320
Feb 199309,53817.90$0
Jan 1993010,40116.93$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             0 bbl  × $106.41 =         $0
Gas                   75 Mcf  × $  3.05 =       $228

────────────────────────────────────────────────────
Month total                                     $228

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/123254 is the state's own key, not one this site invented.