HEREFORD, L.M.

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 123380District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$4.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$66 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.

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
CondensateDisposition5,006 bbl$156,370
GasProduction1,771,371 Mcf$4,649,965
Total$4,806,335

626,417 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 27.3613, -99.4248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36134, -99.42476 · 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
7,700 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 7,700 ft.

Completions filed
Feb 1987
1 of 1 wells

1 well

42-47934432187,700 ftFeb 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 20264943106.413.05$3,298
Apr 2026492098.932.87$3,036
Mar 2026893889.753.15$3,672
Feb 202601,10663.503.75$4,148
Jan 202661,35359.138.00$11,176
Dec 202551,26756.664.41$5,875
Nov 202571,52758.593.93$6,406
Oct 202571,82359.383.30$6,440
Sep 202571,62262.743.08$5,430
Aug 202561,61763.933.01$5,258
Jul 202561,60166.743.32$5,708
Jun 202541,71266.483.13$5,622
May 202542,10360.553.23$7,040
Apr 202562,11062.363.54$7,850
Mar 202561,70767.704.27$7,692
Feb 202551,28770.884.34$5,941
Jan 2025101,39674.324.28$6,716
Dec 2024201,25068.993.12$5,282
Nov 202482,34969.052.20$5,717
Oct 202471,81971.372.28$4,649
Sep 202472,09669.612.36$5,443
Aug 2024152,32175.632.06$5,924
Jul 202462,41679.932.15$5,666
Jun 2024122,25778.082.63$6,882
May 202461,64578.812.20$4,089
Apr 2024131,36884.451.66$3,368
Mar 202471,78280.301.55$3,316
Feb 202481,89176.091.78$3,982
Jan 202491,98973.023.30$7,216
Dec 2023172,35371.262.61$7,354
Nov 202382,45877.892.81$7,524
Oct 202382,62585.443.09$8,788
Sep 2023152,19289.042.74$7,331
Aug 202382,19080.522.67$6,498
Jul 2023171,85674.852.64$6,176
Jun 202392,67868.962.26$6,669
May 2023132,73970.622.23$7,019
Apr 202342,85778.122.24$6,706
Mar 202321,98472.852.39$4,894
Feb 2023269475.112.47$1,861
Jan 2023267076.533.39$2,423
Dec 2022693276.415.73$5,798
Nov 2022692185.005.65$5,710
Oct 2022141,19787.185.86$8,239
Sep 202262,41384.888.16$20,208
Aug 202261,69794.529.13$16,056
Jul 202252,449101.587.54$18,978
Jun 2022101,381115.097.98$12,167
May 202272,315109.378.43$20,288
Apr 202282,483104.226.84$17,812
Mar 2022142,712108.885.08$15,292
Feb 2022152,15191.054.86$11,817
Jan 202252,92981.844.54$13,700
Dec 202162,90071.323.90$11,735
Nov 202101,70177.435.24$8,908
Oct 2021202,01279.795.71$13,092
Sep 2021102,79669.865.35$15,660
Aug 2021193,11366.024.22$14,393
Jul 202192,36870.783.98$10,067
Jun 202192,91469.493.38$10,477
May 2021173,10463.483.02$10,446
Apr 2021142,98960.362.76$9,090
Mar 2021132,65361.302.72$8,005
Feb 202161,96057.805.55$11,221
Jan 202152,92650.412.81$8,475
Dec 202062,55244.642.68$7,096
Nov 2020162,05938.772.71$6,193
Oct 2020163,09236.972.48$8,255
Sep 2020182,40937.091.99$5,464
Aug 2020193,16139.982.39$8,299
Jul 2020103,58238.371.83$6,921
Jun 2020193,20934.901.69$6,087
May 2020103,66416.921.81$6,818
Apr 2020193,60614.751.80$6,787
Mar 2020193,89730.341.86$7,810
Feb 2020183,36449.881.98$7,561
Jan 2020103,51757.252.09$7,940
Dec 2019193,59459.012.30$9,403
Nov 201923,88055.302.75$10,783
Oct 201963,80453.472.42$9,521
Sep 2019183,87955.052.66$11,298
Aug 2019223,97753.112.30$10,333
Jul 201994,02356.272.46$10,403
Jun 2019103,97852.782.49$10,438
May 2019224,21958.482.74$12,848
Apr 2019113,76362.632.75$11,040
Mar 2019234,20456.803.06$14,179
Feb 2019123,96050.852.79$11,667
Jan 2019184,54146.033.23$15,488
Dec 2018254,56146.594.19$20,255
Nov 2018114,53352.934.24$19,790
Oct 2018124,62761.443.40$16,460
Sep 2018344,69259.543.11$16,607
Aug 201804,96259.403.07$15,216
Jul 2018125,11165.142.93$15,767
Jun 201854,01160.183.08$12,642
May 201802,31265.382.90$6,707
Apr 201802,32563.842.90$6,744
Mar 201802,35361.222.79$6,557
Feb 201812,02861.782.77$5,671
Jan 201802,19462.874.01$8,796
Dec 201702,49657.272.92$7,292
Nov 201702,11655.423.12$6,598
Oct 201702,15949.292.98$6,442
Sep 201702,34247.523.09$7,230
Aug 201702,41445.373.00$7,253
Jul 201702,47443.873.09$7,638
Jun 201702,32142.493.09$7,166
May 201702,16845.373.26$7,075
Apr 201702,31447.933.21$7,432
Mar 201702,39246.772.98$7,137
Feb 201702,28050.452.95$6,732
Jan 201702,70549.413.42$9,248
Dec 201602,36348.763.72$8,797
Nov 201602,36842.492.64$6,262
Oct 201602,20546.193.09$6,814
Sep 201601,98141.553.10$6,142
Aug 201601,98641.442.92$5,808
Jul 201601,85041.622.92$5,410
Jun 201601,99945.352.69$5,369
May 201602,22442.521.99$4,428
Apr 201601,93536.561.99$3,853
Mar 201601,97933.011.79$3,550
Feb 201632,10126.472.06$4,415
Jan 201602,33227.352.36$5,514
Dec 201502,43532.362.00$4,873
Nov 201502,21538.792.17$4,801
Oct 201502,40043.552.43$5,824
Sep 201502,16542.992.76$5,972
Aug 201502,21240.162.87$6,354
Jul 201502,06248.152.95$6,073
Jun 201502,03756.152.88$5,872
May 201501,82855.212.96$5,403
Apr 201501,72549.822.71$4,669
Mar 201501,94242.892.93$5,699
Feb 201501,73944.662.98$5,176
Jan 201501,97243.433.10$6,114
Dec 201402,03554.693.59$7,308
Nov 201401,90970.464.25$8,117
Oct 201402,16278.303.90$8,434
Sep 201401,84786.164.05$7,472
Aug 201402,08089.394.04$8,393
Jul 201402,08796.564.18$8,723
Jun 201401,72398.164.74$8,162
May 201401,84994.734.73$8,739
Apr 201401,86195.944.81$8,950
Mar 201401,82795.895.06$9,239
Feb 201401,71497.406.19$10,613
Jan 201401,97590.404.86$9,600
Dec 201302,21791.824.35$9,654
Nov 201302,09688.853.74$7,835
Oct 201302,16797.423.78$8,190
Sep 201302,008104.113.72$7,465
Aug 201301,677104.253.52$5,907
Jul 201301,927102.523.72$7,164
Jun 201301,76494.403.93$6,939
May 201301,88994.834.15$7,838
Apr 201302,08593.964.28$8,929
Mar 201302,10893.623.91$8,248
Feb 201301,50491.233.42$5,144
Jan 201302,19291.603.42$7,496
Dec 201202,05286.773.42$7,018
Nov 201201,95686.953.62$7,090
Oct 201201,92989.383.40$6,558
Sep 201202,08994.672.92$6,097
Aug 201202,27192.662.91$6,604
Jul 201201885.133.02$54
Jun 201222,08179.822.52$5,402
May 201202,53391.612.49$6,303
Apr 201202,316101.652.00$4,625
Mar 201212,429105.052.22$5,502
Feb 201202,200101.102.57$5,655
Jan 201202,23198.092.73$6,100
Dec 201102,29496.873.24$7,432
Nov 201102,32895.723.31$7,709
Oct 201102,39784.983.65$8,746
Sep 201102,23883.623.99$8,920
Aug 201102,51583.404.15$10,436
Jul 201142,35794.144.52$11,024
Jun 201102,13692.904.64$9,911
May 201102,35598.134.40$10,373
Apr 201102,120105.964.33$9,187
Mar 201102,24696.364.06$9,113
Feb 201132,02185.644.18$8,705
Jan 201102,19086.504.59$10,049
Dec 201002,20385.734.35$9,578
Nov 201002,33280.843.80$8,851
Oct 201002,33878.103.51$8,204
Sep 201002,51572.633.98$10,008
Aug 201002,43973.684.42$10,779
Jul 201002,19172.554.74$10,378
Jun 201002,32870.364.91$11,431
May 201002,28471.124.24$9,673
Apr 201002,06081.694.12$8,493
Mar 201002,41278.394.39$10,585
Feb 201002,06673.585.44$11,244
Jan 201002,43174.365.96$14,499
Dec 200902,35871.445.48$12,931
Nov 200903,47774.593.75$13,044
Oct 200902,71272.544.11$11,147
Sep 200932,71765.543.06$8,524
Aug 200932,63067.423.22$8,667
Jul 200922,91961.133.46$10,235
Jun 200922,09766.163.90$8,300
May 200942,20854.743.93$8,887
Apr 200931,91646.773.59$7,014
Mar 200942,00742.144.06$8,315
Feb 200922,00132.814.63$9,336
Jan 200932,49035.865.37$13,481
Dec 200873,40337.105.98$20,600
Nov 200863,00555.496.86$20,948
Oct 200833,46075.246.92$24,176
Sep 200863,175101.767.88$25,620
Aug 200863,735114.228.48$32,369
Jul 200823,169131.0811.39$36,355
Jun 200872,980131.3313.03$39,757
May 200852,842123.1711.57$33,510
Apr 200822,926110.3110.45$30,812
Mar 200842,483101.909.66$24,403
Feb 200832,37392.538.77$21,090
Jan 200822,80490.388.21$23,190
Dec 200742,53288.337.30$18,842
Nov 200702,52891.677.29$18,433
Oct 200782,42682.856.92$17,456
Sep 200702,40475.846.24$15,011
Aug 200762,33569.066.39$15,330
Jul 200732,64870.906.39$17,128
Jun 200762,62162.007.55$20,156
May 200752,59458.747.85$20,647
Apr 200762,32559.617.81$18,505
Mar 200762,61656.927.30$19,443
Feb 200732,30555.108.22$19,103
Jan 200752,40450.306.73$16,423
Dec 200632,69056.656.92$18,781
Nov 200652,44354.207.62$18,881
Oct 200662,60154.906.01$15,971
Sep 200652,40260.085.04$12,400
Aug 200652,67668.717.34$19,985
Jul 200663,28669.376.34$21,259
Jun 200663,03466.286.38$19,766
May 200693,16866.016.42$20,948
Apr 2006103,42964.397.36$25,883
Mar 2006103,69556.707.08$26,738
Feb 2006113,26557.597.75$25,941
Jan 2006184,77060.598.93$43,703
Dec 200563,76554.9413.42$50,839
Nov 200563,16854.6910.59$33,872
Oct 2005144,16658.3413.80$58,290
Sep 200563,03061.4512.08$36,968
Aug 2005153,33961.519.80$33,634
Jul 2005123,78855.697.84$30,380
Jun 2005104,13352.337.38$31,029
May 2005134,39645.226.65$29,826
Apr 2005213,91249.207.36$29,827
Mar 2005144,30550.377.15$31,507
Feb 200574,04145.226.31$25,823
Jan 2005174,15143.166.32$26,977
Dec 2004403,48439.866.75$25,115
Nov 200493,91145.286.33$25,166
Oct 200473,30249.706.52$21,861
Sep 200462,94843.245.28$15,836
Aug 200463,91142.375.55$21,963
Jul 2004174,57338.286.08$28,474
Jun 200494,56336.106.43$29,679
May 2004165,17237.486.49$34,190
Apr 20041645,25434.475.86$36,433
Mar 200484,19734.365.53$23,485
Feb 2004154,70532.455.51$26,410
Jan 2004154,48832.036.30$28,753
Dec 2003113,81230.266.30$24,355
Nov 200394,26328.804.60$19,848
Oct 200354,08128.174.76$19,565
Sep 200381,73626.314.75$8,455
Aug 200362,54529.765.13$13,234
Jul 200352,93229.415.17$15,308
Jun 200342,53028.565.98$15,251
May 200382,59126.595.97$15,688
Apr 200352,70626.675.41$14,765
Mar 200392,63631.146.10$16,349
Feb 200392,37733.487.93$19,141
Jan 200372,59730.315.58$14,709
Dec 2002103,09026.914.85$15,267
Nov 200292,88024.664.14$12,136
Oct 200262,82226.464.23$12,093
Sep 200292,85127.443.64$10,611
Aug 200283,03225.963.16$9,801
Jul 200203,51424.583.06$10,759
Jun 200203,30023.733.34$11,016
May 200203,98324.663.58$14,275
Apr 200203,27823.653.51$11,513
Mar 200204,42822.003.10$13,739
Feb 200203,57418.222.38$8,491
Jan 200204,50017.172.38$10,691
Dec 200104,11816.932.36$9,737
Nov 200104,86218.072.41$11,696
Oct 200104,57219.782.53$11,562
Sep 200104,11124.262.25$9,255
Aug 200104,47724.873.05$13,669
Jul 200104,65323.933.20$14,876
Jun 200104,43424.563.82$16,956
May 200105,33525.524.31$22,980
Apr 200104,42724.685.34$23,619
Mar 200104,79224.545.38$25,764
Feb 20010027.755.77$0
Jan 200105,66527.478.40$47,579
Dec 200005,64226.889.12$51,469
Nov 20001065,30932.215.66$33,453
Oct 200006,17231.235.15$31,758
Sep 200005,23031.875.19$27,125
Aug 200005,80729.644.54$26,368
Jul 200006,10228.534.09$24,956
Jun 200005,10429.304.40$22,444
May 200004,84227.263.68$17,817
Apr 200004,75724.513.12$14,823
Mar 200006,08728.422.86$17,407
Feb 200004,37827.622.73$11,937
Jan 200004,45825.272.48$11,058
Dec 1999496,02224.282.42$15,785
Nov 199906,45223.192.43$15,704
Oct 199906,40720.982.80$17,963
Sep 199906,61921.752.62$17,334
Aug 199907,24019.262.88$20,819
Jul 199905,81417.892.37$13,793
Jun 199905,75015.942.36$13,582
May 199905,59615.792.32$12,988
Apr 199905,06715.102.21$11,188
Mar 199905,31612.471.84$9,773
Feb 199906,6399.981.82$12,068
Jan 199906,07110.381.90$11,535
Dec 199805,3439.201.77$9,475
Nov 199806,46510.892.19$14,131
Oct 19981487,63512.421.97$16,873
Sep 199805,29412.592.08$11,025
Aug 199807,98011.301.91$15,221
Jul 199808,27511.742.24$18,513
Jun 199806,63511.242.24$14,844
May 199807,27712.622.21$16,056
Apr 199807,34313.042.51$18,397
Mar 19981547,76712.802.31$19,909
Feb 199806,70613.952.30$15,418
Jan 199808,16014.702.15$17,583
Dec 199707,18916.322.41$17,333
Nov 199707,61518.193.09$23,517
Oct 199708,96519.253.15$28,238
Sep 199706,55917.742.95$19,381
Aug 199708,66917.862.55$22,147
Jul 19971539,05817.582.25$23,043
Jun 199709,05817.242.26$20,446
May 199719,72518.972.31$22,469
Apr 199709,45317.882.08$19,689
Mar 199709,64418.951.94$18,701
Feb 199708,36020.492.21$18,441
Jan 19971589,59823.483.54$37,684
Dec 199609,78923.32$0
Nov 199609,14821.97$0
Oct 199609,64223.31$0
Sep 1996010,40622.22$0
Aug 1996011,31420.26$0
Jul 19961529,06219.55$2,972
Jun 199609,87918.73$0
May 1996010,92019.43$0
Apr 1996010,60021.51$0
Mar 1996010,96819.38$0
Feb 199616310,66716.98$2,768
Jan 1996012,13317.07$0
Dec 1995012,50017.19$0
Nov 1995012,43616.00$0
Oct 199515214,12715.43$2,345
Sep 1995014,47216.18$0
Aug 1995015,36715.92$0
Jul 1995010,57815.24$0
Jun 199516215,74816.41$2,658
May 1995014,56117.56$0
Apr 1995114,94817.73$18
Mar 199516315,03416.44$2,680
Feb 1995012,18016.58$0
Jan 199507,43015.92$0
Dec 199406,25015.03$0
Nov 19941758,59215.90$2,783
Oct 1994012,12415.58$0
Sep 1994011,95515.29$0
Aug 199418013,09616.13$2,903
Jul 1994012,01917.56$0
Jun 199408,59017.09$0
May 199408,60115.88$0
Apr 199418212,18714.14$2,573
Mar 1994010,76712.46$0
Feb 199408,16212.50$0
Jan 199418313,82612.66$2,317
Dec 1993114,89912.33$12
Nov 1993113,30214.49$14
Oct 199317816,23115.85$2,821
Sep 1993014,81615.03$0
Aug 1993117,56215.66$16
Jul 199318117,11915.46$2,798
Jun 1993018,33716.79$0
May 199318220,08117.68$3,218
Apr 1993020,18818.05$0
Mar 199318121,18218.14$3,283
Feb 1993019,69517.90$0
Jan 199318022,92716.93$3,047

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                  943 Mcf  × $  3.05 =     $2,872

────────────────────────────────────────────────────
Month total                                   $3,298

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/123380 is the state's own key, not one this site invented.