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 125035District 04Field 05993600CondensateGasSaveExport
Value, all time
$6.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$64 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
CondensateDisposition7,460 bbl$207,015
GasProduction2,433,980 Mcf$6,680,691
Total$6,887,706

839,905 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 27.3610, -99.4536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36098, -99.45362 · 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
7,410 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 7,410 ft.

Completions filed
Aug 1987
1 of 1 wells

1 well

42-47934538257,410 ftAug 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 202630106.413.05$319
Apr 20264098.932.87$396
Mar 2026558889.753.15$2,301
Feb 202601,30763.503.75$4,902
Jan 202651,19359.138.00$9,837
Dec 202551,50856.664.41$6,939
Nov 202561,34858.593.93$5,644
Oct 202571,57859.383.30$5,631
Sep 202571,91062.743.08$6,316
Aug 202581,96263.933.01$6,426
Jul 202582,12366.743.32$7,572
Jun 202582,21566.483.13$7,462
May 202582,38960.553.23$8,206
Apr 202582,35562.363.54$8,843
Mar 202572,34567.704.27$10,483
Feb 202562,13570.884.34$9,693
Jan 202582,19174.324.28$9,969
Dec 2024171,77068.993.12$6,698
Nov 202482,43569.052.20$5,906
Oct 202482,64771.372.28$6,610
Sep 202472,69869.612.36$6,866
Aug 2024193,00975.632.06$7,646
Jul 2024112,83479.932.15$6,963
Jun 2024193,43878.082.63$10,539
May 2024103,85178.812.20$9,254
Apr 2024213,46184.451.66$7,516
Mar 2024113,33080.301.55$6,029
Feb 2024122,81676.091.78$5,936
Jan 2024113,88073.023.30$13,598
Dec 2023293,42771.262.61$11,013
Nov 2023183,57077.892.81$11,425
Oct 2023195,61385.443.09$18,952
Sep 2023226,41089.042.74$19,490
Aug 202315,59280.522.67$15,027
Jul 20233414474.852.64$2,925
Jun 202308,93868.962.26$20,186
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20211070.783.98$71
Jun 202137369.493.38$455
May 2021131,76563.483.02$6,151
Apr 2021162,80760.362.76$8,709
Mar 2021193,44361.302.72$10,519
Feb 2021102,97057.805.55$17,055
Jan 202193,71750.412.81$10,899
Dec 2020103,59044.642.68$10,051
Nov 2020223,73138.772.71$10,951
Oct 2020213,95136.972.48$10,569
Sep 2020204,05037.091.99$8,806
Aug 2020184,14239.982.39$10,599
Jul 202094,25338.371.83$8,108
Jun 2020173,98834.901.69$7,334
May 202084,42516.921.81$8,166
Apr 2020174,65914.751.80$8,657
Mar 2020184,95730.341.86$9,747
Feb 2020223,56149.881.98$8,151
Jan 2020114,32657.252.09$9,692
Dec 2019264,37859.012.30$11,623
Nov 2019114,21455.302.75$12,200
Oct 2019104,67853.472.42$11,849
Sep 2019214,60955.052.66$13,403
Aug 2019284,63453.112.30$12,165
Jul 2019115,27856.272.46$13,603
Jun 2019105,21052.782.49$13,507
May 2019125,59758.482.74$16,039
Apr 201925,11462.632.75$14,192
Mar 201921,52756.803.06$4,789
Feb 2019169750.852.79$1,997
Jan 2019147446.033.23$1,576
Dec 2018225546.594.19$1,160
Nov 2018145752.934.24$1,989
Oct 2018134161.443.40$1,220
Sep 2018328259.543.11$1,055
Aug 2018016959.403.07$518
Jul 2018636165.142.93$1,449
Jun 2018356060.183.08$1,904
May 2018057265.382.90$1,659
Apr 2018046863.842.90$1,358
Mar 2018050461.222.79$1,405
Feb 2018068561.782.77$1,895
Jan 2018160962.874.01$2,505
Dec 201701,00457.272.92$2,933
Nov 2017164355.423.12$2,061
Oct 201701,24049.292.98$3,700
Sep 201701,58647.523.09$4,896
Aug 201701,67245.373.00$5,023
Jul 201701,98043.873.09$6,113
Jun 201701,74542.493.09$5,387
May 201721,83545.373.26$6,079
Apr 201703,29247.933.21$10,573
Mar 201703,66746.772.98$10,941
Feb 201703,83450.452.95$11,320
Jan 201704,41449.413.42$15,091
Dec 201604,70648.763.72$17,520
Nov 201604,28942.492.64$11,342
Oct 201604,80846.193.09$14,858
Sep 201606,88341.553.10$21,342
Aug 20160041.442.92$0
Jul 2016039841.622.92$1,164
Jun 201601,48445.352.69$3,986
May 2016047642.521.99$948
Apr 201604,06436.561.99$8,092
Mar 201604,75133.011.79$8,523
Feb 201645,53226.472.06$11,522
Jan 201606,13927.352.36$14,515
Dec 2015039232.362.00$785
Nov 2015063238.792.17$1,370
Oct 2015014143.552.43$342
Sep 2015055342.992.76$1,525
Aug 2015035240.162.87$1,011
Jul 2015079748.152.95$2,347
Jun 2015026456.152.88$761
May 2015054455.212.96$1,608
Apr 2015037149.822.71$1,004
Mar 2015046742.892.93$1,371
Feb 2015084644.662.98$2,518
Jan 201501,05443.433.10$3,268
Dec 201401,21054.693.59$4,346
Nov 201401,08370.464.25$4,605
Oct 201401,55578.303.90$6,066
Sep 201401,53386.164.05$6,202
Aug 201401,58989.394.04$6,412
Jul 201401,39896.564.18$5,843
Jun 201401,33298.164.74$6,310
May 201401,44294.734.73$6,816
Apr 201401,19695.944.81$5,752
Mar 201401,37295.895.06$6,938
Feb 201401,59797.406.19$9,889
Jan 201402,07190.404.86$10,067
Dec 201303,73891.824.35$16,277
Nov 201302,80088.853.74$10,467
Oct 201302,92297.423.78$11,043
Sep 201303,799104.113.72$14,124
Aug 201303,165104.253.52$11,149
Jul 201304,404102.523.72$16,373
Jun 201304,62094.403.93$18,172
May 201304,96894.834.15$20,613
Apr 201305,40693.964.28$23,152
Mar 201305,81493.623.91$22,749
Feb 201304,19591.233.42$14,347
Jan 201307,53091.603.42$25,752
Dec 201209,89386.773.42$33,836
Nov 201201,94586.953.62$7,051
Oct 2012085889.383.40$2,917
Sep 2012060194.672.92$1,754
Aug 2012082292.662.91$2,391
Jul 20120785.133.02$21
Jun 2012298279.822.52$2,633
May 201201,05091.612.49$2,613
Apr 201201,338101.652.00$2,672
Mar 201211,831105.052.22$4,174
Feb 201202,434101.102.57$6,256
Jan 201204,29998.092.73$11,754
Dec 201107,70796.873.24$24,969
Nov 201107,14695.723.31$23,662
Oct 201106,74584.983.65$24,609
Sep 2011028783.623.99$1,144
Aug 2011062183.404.15$2,577
Jul 2011679694.144.52$4,161
Jun 2011098292.904.64$4,556
May 2011060098.134.40$2,643
Apr 20110802105.964.33$3,475
Mar 2011019096.364.06$771
Feb 2011558785.644.18$2,882
Jan 20110086.504.59$0
Dec 2010033385.734.35$1,448
Nov 2010011180.843.80$421
Oct 2010042278.103.51$1,481
Sep 201003072.633.98$119
Aug 2010028973.684.42$1,277
Jul 2010045772.554.74$2,165
Jun 2010028670.364.91$1,404
May 2010053171.124.24$2,249
Apr 2010077681.694.12$3,199
Mar 201001,40278.394.39$6,153
Feb 2010033773.585.44$1,834
Jan 201002,31474.365.96$13,801
Dec 200904,10471.445.48$22,505
Nov 200906,42774.593.75$24,111
Oct 200904,97972.544.11$20,465
Sep 200954,79265.543.06$15,014
Aug 200955,27067.423.22$17,299
Jul 200944,32861.133.46$15,239
Jun 200933,02766.163.90$11,989
May 200984,39354.743.93$17,684
Apr 200994,59046.773.59$16,888
Mar 200965,39742.144.06$22,159
Feb 200941,96032.814.63$9,212
Jan 200944,48635.865.37$24,238
Dec 2008134,25237.105.98$25,897
Nov 200894,75655.496.86$33,127
Oct 200854,94375.246.92$34,592
Sep 2008116,059101.767.88$48,847
Aug 200841,840114.228.48$16,066
Jul 200832,869131.0811.39$33,070
Jun 2008114,292131.3313.03$57,381
May 200885,266123.1711.57$61,936
Apr 200845,057110.3110.45$53,311
Mar 200885,927101.909.66$58,094
Feb 200863,36592.538.77$30,068
Jan 200845,59690.388.21$46,281
Dec 200785,59188.337.30$41,532
Nov 200705,04291.677.29$36,765
Oct 2007205,89182.856.92$42,434
Sep 200705,80375.846.24$36,235
Aug 2007145,89169.066.39$38,598
Jul 200775,82270.906.39$37,687
Jun 2007156,14162.007.55$47,285
May 2007137,48458.747.85$59,485
Apr 2007115,86359.617.81$46,418
Mar 200794,39756.927.30$32,619
Feb 200753,89955.108.22$32,310
Jan 200784,23150.306.73$28,864
Dec 200643,97256.656.92$27,707
Nov 200684,28054.207.62$33,036
Oct 2006104,17254.906.01$25,639
Sep 200694,30660.085.04$22,231
Aug 200685,02668.717.34$37,440
Jul 200694,61369.376.34$29,883
Jun 2006105,04066.286.38$32,838
May 2006155,59566.016.42$36,938
Apr 2006155,15664.397.36$38,916
Mar 2006166,09456.707.08$44,071
Feb 2006165,08157.597.75$40,305
Jan 2006245,72760.598.93$52,615
Dec 2005116,69154.9413.42$90,367
Nov 2005105,59454.6910.59$59,778
Oct 2005225,95958.3413.80$83,492
Sep 2005105,00661.4512.08$61,082
Aug 2005276,38461.519.80$64,204
Jul 2005196,50555.697.84$52,081
Jun 2005176,84952.337.38$51,442
May 2005206,83645.226.65$46,372
Apr 2005336,12549.207.36$46,707
Mar 2005226,84550.377.15$50,083
Feb 2005116,30845.226.31$40,313
Jan 2005306,84143.166.32$44,545
Dec 2004306,27139.866.75$43,532
Nov 20041936,62345.286.33$50,665
Oct 2004147,81949.706.52$51,637
Sep 2004105,88343.245.28$31,518
Aug 2004106,40842.375.55$35,992
Jul 2004277,34738.286.08$45,734
Jun 2004146,96836.106.43$45,331
May 2004227,09437.486.49$46,897
Apr 2004107,41634.475.86$43,791
Mar 2004126,48834.365.53$36,292
Feb 2004257,51432.455.51$42,211
Jan 2004287,56532.036.30$48,554
Dec 2003187,31830.266.30$46,660
Nov 2003166,93528.804.60$32,328
Oct 2003137,77328.174.76$37,363
Sep 2003287,30926.314.75$35,450
Aug 2003177,78129.765.13$40,420
Jul 2003147,59829.415.17$39,700
Jun 200396,93528.565.98$41,749
May 20031846,74726.595.97$45,190
Apr 2003147,49426.675.41$40,896
Mar 2003237,06831.146.10$43,803
Feb 2003276,26333.487.93$50,544
Jan 2003167,83530.315.58$44,220
Dec 2002246,89026.914.85$34,088
Nov 2002247,28024.664.14$30,709
Oct 2002177,50226.464.23$32,177
Sep 2002237,53527.443.64$28,022
Aug 2002217,97125.963.16$25,767
Jul 200208,78324.583.06$26,891
Jun 200207,97323.733.34$26,616
May 200208,22224.663.58$29,468
Apr 200207,30823.653.51$25,668
Mar 200208,20022.003.10$25,442
Feb 20021217,28718.222.38$19,516
Jan 200207,98417.172.38$18,967
Dec 200108,76416.932.36$20,722
Nov 200108,22218.072.41$19,778
Oct 2001598,35919.782.53$22,306
Sep 200108,25424.262.25$18,582
Aug 200108,80124.873.05$26,871
Jul 200109,04723.933.20$28,924
Jun 2001978,60724.563.82$35,297
May 200108,87525.524.31$38,227
Apr 200108,61024.685.34$45,937
Mar 200108,98824.545.38$48,323
Feb 200108,20427.755.77$47,313
Jan 200109,40527.478.40$78,990
Dec 200009,34526.889.12$85,250
Nov 200008,98932.215.66$50,860
Oct 20001449,34631.235.15$52,587
Sep 200008,39031.875.19$43,515
Aug 200009,19629.644.54$41,757
Jul 200009,64228.534.09$39,433
Jun 200009,15529.304.40$40,257
May 200009,79927.263.68$36,058
Apr 200009,75624.513.12$30,400
Mar 200009,90628.422.86$28,329
Feb 200009,22727.622.73$25,157
Jan 20009510,03825.272.48$27,300
Dec 1999010,19324.282.42$24,705
Nov 1999010,06623.192.43$24,501
Oct 199909,65320.982.80$27,064
Sep 199909,61721.752.62$25,185
Aug 199909,68919.262.88$27,862
Jul 19991499,70917.892.37$25,699
Jun 199909,40015.942.36$22,204
May 199909,48115.792.32$22,006
Apr 199909,42515.102.21$20,811
Mar 199909,89712.471.84$18,194
Feb 1999010,6739.981.82$19,401
Jan 199909,92110.381.90$18,849
Dec 1998010,3269.201.77$18,311
Nov 199809,81210.892.19$21,446
Oct 1998010,39912.421.97$20,478
Sep 199809,99112.592.08$20,807
Aug 199816910,42311.301.91$21,790
Jul 1998011,50211.742.24$25,733
Jun 1998010,98611.242.24$24,579
May 1998010,88612.622.21$24,018
Apr 1998010,52713.042.51$26,374
Mar 1998011,43212.802.31$26,402
Feb 199809,69713.952.30$22,295
Jan 1998011,08014.702.15$23,875
Dec 1997010,43116.322.41$25,150
Nov 1997010,84218.193.09$33,483
Oct 1997011,27919.253.15$35,527
Sep 199715311,12717.742.95$35,593
Aug 1997811,84617.862.55$30,406
Jul 1997011,62417.582.25$26,118
Jun 1997011,62417.242.26$26,238
May 1997010,82818.972.31$24,996
Apr 199708,92117.882.08$18,580
Mar 1997014,80718.951.94$28,713
Feb 1997012,05420.492.21$26,590
Jan 1997014,06423.483.54$49,782
Dec 1996013,25723.32$0
Nov 199614713,00221.97$3,230
Oct 1996013,28623.31$0
Sep 1996013,52222.22$0
Aug 1996014,13320.26$0
Jul 199616313,68819.55$3,187
Jun 1996013,91018.73$0
May 1996015,66919.43$0
Apr 1996014,46721.51$0
Mar 199616815,66719.38$3,256
Feb 1996014,50316.98$0
Jan 1996015,31717.07$0
Dec 199517415,92717.19$2,991
Nov 1995016,72516.00$0
Oct 1995017,13115.43$0
Sep 199516516,66116.18$2,670
Aug 1995018,36215.92$0
Jul 1995019,48515.24$0
Jun 199515818,23816.41$2,593
May 1995023,80417.56$0
Apr 199516520,10517.73$2,925
Mar 199516317,16716.44$2,680
Feb 1995015,62716.58$0
Jan 199516615,62715.92$2,643
Dec 1994015,78515.03$0
Nov 199417716,88515.90$2,814
Oct 199417516,83715.58$2,727
Sep 1994018,03015.29$0
Aug 199417618,08016.13$2,839
Jul 1994018,11817.56$0
Jun 199417616,69417.09$3,008
May 1994118,81915.88$16
Apr 199417918,40814.14$2,531
Mar 1994018,50712.46$0
Feb 199417716,71212.50$2,213
Jan 199418318,72612.66$2,317
Dec 1993019,42612.33$0
Nov 199317817,83014.49$2,579
Oct 199317519,47315.85$2,774
Sep 1993018,88815.03$0
Aug 199317620,82215.66$2,756
Jul 1993019,97315.46$0
Jun 199318220,14816.79$3,056
May 199318121,41817.68$3,200
Apr 1993020,44318.05$0
Mar 199318321,61618.14$3,320
Feb 199317420,06417.90$3,115
Jan 199318322,92316.93$3,098

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             3 bbl  × $106.41 =       $319
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $319

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/125035 is the state's own key, not one this site invented.