HEREFORD, L.M.

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BASHARA-HEREFORD (6900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125962District 04Field 05993500NGPA filingCondensateGasSaveExport
Value, all time
$8.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$105 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1987-11-10
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

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
CondensateDisposition9,749 bbl$296,160
GasProduction2,456,911 Mcf$7,839,967
Total$8,136,126

618,652 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 27.3660, -99.4591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36597, -99.45912 · 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
7,550 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 7,550 ft.

Completions filed
Nov 1987
1 of 1 wells

1 well

42-47934580297,550 ftNov 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 202602,095106.413.05$6,381
Apr 202602,21698.932.87$6,359
Mar 202601,95189.753.15$6,145
Feb 202601,81363.503.75$6,799
Jan 202602,33959.138.00$18,707
Dec 202502,48256.664.41$10,954
Nov 202502,39658.593.93$9,408
Oct 202502,41959.383.30$7,994
Sep 202502,39062.743.08$7,354
Aug 202502,49263.933.01$7,513
Jul 202502,62166.743.32$8,689
Jun 202502,63266.483.13$8,235
May 202502,76460.553.23$8,934
Apr 202502,61162.363.54$9,251
Mar 202502,49167.704.27$10,632
Feb 202502,51870.884.34$10,930
Jan 202502,88274.324.28$12,331
Dec 202402,13468.993.12$6,661
Nov 202402,35969.052.20$5,186
Oct 202402,44271.372.28$5,571
Sep 202402,42869.612.36$5,741
Aug 202402,45575.632.06$5,066
Jul 202402,48779.932.15$5,339
Jun 202402,28978.082.63$6,029
May 202402,55378.812.20$5,613
Apr 202402,15484.451.66$3,574
Mar 202402,33780.301.55$3,611
Feb 202402,13576.091.78$3,808
Jan 202402,82673.023.30$9,319
Dec 20231283,04171.262.61$17,060
Nov 202302,76777.892.81$7,769
Oct 202303,11385.443.09$9,611
Sep 202302,81889.042.74$7,707
Aug 202302,88080.522.67$7,698
Jul 202303,04474.852.64$8,042
Jun 202303,13968.962.26$7,089
May 202303,19970.622.23$7,125
Apr 202302,99578.122.24$6,702
Mar 202303,28572.852.39$7,862
Feb 202303,04475.112.47$7,506
Jan 202303,35076.533.39$11,349
Dec 202203,37776.415.73$19,347
Nov 202203,04385.005.65$17,181
Oct 202203,26087.185.86$19,116
Sep 202203,08684.888.16$25,193
Aug 202203,19094.529.13$29,116
Jul 202203,092101.587.54$23,320
Jun 202203,092115.097.98$24,666
May 202203,329109.378.43$28,074
Apr 202203,329104.226.84$22,762
Mar 202203,369108.885.08$17,102
Feb 202203,13791.054.86$15,242
Jan 202203,43281.844.54$15,573
Dec 202103,24871.323.90$12,664
Nov 202103,06277.435.24$16,035
Oct 202102,22679.795.71$12,719
Sep 202103,19269.865.35$17,080
Aug 202103,17966.024.22$13,417
Jul 202103,04770.783.98$12,133
Jun 202103,22969.493.38$10,916
May 202103,33663.483.02$10,067
Apr 202103,23760.362.76$8,929
Mar 202103,38461.302.72$9,194
Feb 202102,84757.805.55$15,795
Jan 202103,51650.412.81$9,881
Dec 202003,54544.642.68$9,485
Nov 202003,49138.772.71$9,449
Oct 202003,58336.972.48$8,880
Sep 202003,44337.091.99$6,855
Aug 202003,44039.982.39$8,205
Jul 202003,54338.371.83$6,466
Jun 202003,35334.901.69$5,668
May 202003,52016.921.81$6,388
Apr 202003,46114.751.80$6,245
Mar 202003,54930.341.86$6,588
Feb 202003,21549.881.98$6,368
Jan 202003,58857.252.09$7,516
Dec 201903,65759.012.30$8,427
Nov 201903,54955.302.75$9,762
Oct 201903,66953.472.42$8,874
Sep 201903,53555.052.66$9,393
Aug 201903,66753.112.30$8,450
Jul 201903,65556.272.46$8,992
Jun 201903,50552.782.49$8,732
May 201903,48158.482.74$9,539
Apr 201903,25662.632.75$8,956
Mar 201903,37356.803.06$10,328
Feb 201903,13550.852.79$8,754
Jan 201903,53046.033.23$11,395
Dec 201803,69046.594.19$15,444
Nov 201803,68752.934.24$15,623
Oct 201803,68561.443.40$12,522
Sep 201803,55659.543.11$11,052
Aug 201803,74659.403.07$11,487
Jul 201803,62165.142.93$10,616
Jun 201803,53460.183.08$10,874
May 201803,42565.382.90$9,935
Apr 201803,60063.842.90$10,443
Mar 201803,73961.222.79$10,420
Feb 201803,32461.782.77$9,195
Jan 201803,36062.874.01$13,471
Dec 201703,27357.272.92$9,562
Nov 201702,97355.423.12$9,271
Oct 201703,37049.292.98$10,055
Sep 201703,36447.523.09$10,386
Aug 20171673,32745.373.00$17,572
Jul 201703,32143.873.09$10,253
Jun 201703,30942.493.09$10,216
May 201753,09845.373.26$10,337
Apr 201703,22747.933.21$10,364
Mar 2017253,50246.772.98$11,618
Feb 201703,80150.452.95$11,223
Jan 201703,88949.413.42$13,296
Dec 201604,10948.763.72$15,297
Nov 201603,90442.492.64$10,324
Oct 201604,34846.193.09$13,436
Sep 201604,13941.553.10$12,834
Aug 201604,53141.442.92$13,250
Jul 201602,75641.622.92$8,059
Jun 201603,97945.352.69$10,687
May 201604,31642.521.99$8,593
Apr 201603,87536.561.99$7,715
Mar 201603,95833.011.79$7,101
Feb 2016163,47926.472.06$7,603
Jan 201603,86127.352.36$9,129
Dec 201504,11732.362.00$8,240
Nov 201503,77738.792.17$8,186
Oct 201503,99143.552.43$9,684
Sep 201504,04442.992.76$11,155
Aug 201504,27340.162.87$12,274
Jul 201504,07148.152.95$11,989
Jun 201504,32956.152.88$12,480
May 201504,62555.212.96$13,669
Apr 201504,20449.822.71$11,378
Mar 201504,60142.892.93$13,503
Feb 201503,78244.662.98$11,256
Jan 201504,77943.433.10$14,818
Dec 201404,58554.693.59$16,466
Nov 201404,48770.464.25$19,078
Oct 201404,75678.303.90$18,553
Sep 201404,56086.164.05$18,447
Aug 201404,92889.394.04$19,885
Jul 201404,86096.564.18$20,313
Jun 201404,31198.164.74$20,421
May 201404,37394.734.73$20,669
Apr 201404,36295.944.81$20,977
Mar 201404,17895.895.06$21,127
Feb 201404,03997.406.19$25,009
Jan 201404,56890.404.86$22,204
Dec 201304,63891.824.35$20,196
Nov 201304,48788.853.74$16,774
Oct 201304,57797.423.78$17,298
Sep 201304,118104.113.72$15,310
Aug 201303,777104.253.52$13,305
Jul 20131204,613102.523.72$29,452
Jun 201304,04794.403.93$15,919
May 201303,96594.834.15$16,451
Apr 201303,90093.964.28$16,702
Mar 201304,37093.623.91$17,099
Feb 201303,17791.233.42$10,865
Jan 201304,86791.603.42$16,645
Dec 201204,88386.773.42$16,701
Nov 2012017786.953.62$642
Oct 201204,71489.383.40$16,026
Sep 201204,64494.672.92$13,553
Aug 201204,78492.662.91$13,913
Jul 201204285.133.02$127
Jun 201224,52079.822.52$11,546
May 201204,88891.612.49$12,163
Apr 201204,868101.652.00$9,720
Mar 201204,942105.052.22$10,982
Feb 201204,473101.102.57$11,497
Jan 201204,89498.092.73$13,381
Dec 20111664,87196.873.24$31,861
Nov 201104,95395.723.31$16,401
Oct 201104,95484.983.65$18,075
Sep 201104,81383.623.99$19,184
Aug 201105,02883.404.15$20,863
Jul 201184,63494.144.52$21,686
Jun 201104,65992.904.64$21,617
May 201104,90898.134.40$21,619
Apr 201104,837105.964.33$20,960
Mar 201104,84796.364.06$19,666
Feb 201164,27585.644.18$18,383
Jan 201104,78786.504.59$21,966
Dec 201004,86785.734.35$21,161
Nov 201004,91680.843.80$18,658
Oct 20101714,63778.103.51$29,626
Sep 201004,98872.633.98$19,850
Aug 201004,90173.684.42$21,659
Jul 201005,21772.554.74$24,710
Jun 201005,07570.364.91$24,920
May 201004,92371.124.24$20,850
Apr 201005,05481.694.12$20,836
Mar 201005,22978.394.39$22,948
Feb 201004,69773.585.44$25,563
Jan 201004,86974.365.96$29,039
Dec 200904,86971.445.48$26,700
Nov 200907,72474.593.75$28,977
Oct 20091786,13872.544.11$38,141
Sep 200965,65465.543.06$17,721
Aug 200956,06567.423.22$19,857
Jul 200954,33361.133.46$15,317
Jun 200955,21166.163.90$20,628
May 200995,04754.743.93$20,306
Apr 200984,65446.773.59$17,070
Mar 200984,80242.144.06$19,828
Feb 200954,26632.814.63$19,928
Jan 200955,28935.865.37$28,587
Dec 2008135,44937.105.98$33,052
Nov 2008115,69855.496.86$39,701
Oct 200855,34775.246.92$37,388
Sep 200894,882101.767.88$39,372
Aug 2008105,540114.228.48$48,138
Jul 200855,903131.0811.39$67,887
Jun 2008135,586131.3313.03$74,508
May 200895,920123.1711.57$69,628
Apr 200845,497110.3110.45$57,912
Mar 200895,923101.909.66$58,157
Feb 200885,81592.538.77$51,741
Jan 200845,42790.388.21$44,894
Dec 200795,83188.337.30$43,373
Nov 200706,11591.677.29$44,589
Oct 2007156,96882.856.92$49,475
Sep 200702,97575.846.24$18,576
Aug 2007475269.066.39$5,080
Jul 200753,05370.906.39$19,857
Jun 2007104,30862.007.55$33,139
May 2007105,15858.747.85$41,059
Apr 20071784,99659.617.81$49,605
Mar 2007125,38656.927.30$40,011
Feb 200764,97555.108.22$41,205
Jan 2007115,30250.306.73$36,219
Dec 200665,65056.656.92$39,429
Nov 2006115,61954.207.62$43,399
Oct 2006135,51454.906.01$33,874
Sep 2006115,59660.085.04$28,849
Aug 200695,67468.717.34$42,265
Jul 2006105,31969.376.34$34,431
Jun 2006115,44166.286.38$35,464
May 2006165,92966.016.42$39,150
Apr 20061405,42664.397.36$48,953
Mar 2006176,60756.707.08$47,761
Feb 2006134,60857.597.75$36,466
Jan 2006204,22860.598.93$38,982
Dec 2005116,52854.9413.42$88,180
Nov 2005105,83654.6910.59$62,341
Oct 2005215,04758.3413.80$70,852
Sep 2005115,44561.4512.08$66,446
Aug 20051346,55661.519.80$72,470
Jul 2005186,35155.697.84$50,817
Jun 2005166,41852.337.38$48,209
May 2005206,58145.226.65$44,676
Apr 2005326,14649.207.36$46,812
Mar 20051896,51850.377.15$56,155
Feb 2005105,82645.226.31$37,225
Jan 2005296,49243.166.32$42,295
Dec 2004156,57539.866.75$44,986
Nov 2004175,86645.286.33$37,904
Oct 2004156,38449.706.52$42,338
Sep 2004116,22243.245.28$33,352
Aug 2004107,06542.375.55$39,639
Jul 20041476,91338.286.08$47,687
Jun 2004136,49036.106.43$42,220
May 2004206,78337.486.49$44,802
Apr 2004116,82034.475.86$40,334
Mar 2004126,83834.365.53$38,227
Feb 2004236,80632.455.51$38,245
Jan 20041877,12732.036.30$50,887
Dec 2003186,95330.266.30$44,360
Nov 2003166,80728.804.60$31,740
Oct 2003127,28628.174.76$35,017
Sep 2003266,85526.314.75$33,241
Aug 2003167,26929.765.13$37,764
Jul 2003157,25629.415.17$37,961
Jun 2003107,15928.565.98$43,118
May 20031917,34826.595.97$48,966
Apr 2003157,70626.675.41$42,069
Mar 2003257,64731.146.10$47,395
Feb 2003266,77633.487.93$54,576
Jan 2003177,26030.315.58$41,041
Dec 20021887,48026.914.85$41,365
Nov 2002246,97224.664.14$29,435
Oct 2002177,70326.464.23$33,027
Sep 2002237,71327.443.64$28,669
Aug 2002207,73725.963.16$25,000
Jul 200206,56624.583.06$20,104
Jun 200207,93023.733.34$26,472
May 200208,22224.663.58$29,468
Apr 200207,54423.653.51$26,497
Mar 200207,87122.003.10$24,422
Feb 2002547,40518.222.38$18,576
Jan 2002738,19417.172.38$20,720
Dec 200108,30716.932.36$19,641
Nov 200108,13018.072.41$19,557
Oct 200108,49419.782.53$21,480
Sep 200108,58724.262.25$19,332
Aug 200108,89124.873.05$27,146
Jul 20011418,78723.933.20$31,467
Jun 200108,48424.563.82$32,444
May 200109,31825.524.31$40,136
Apr 200109,11624.685.34$48,637
Mar 2001010,19624.545.38$54,818
Feb 2001636,51027.755.77$39,292
Jan 200108,96727.478.40$75,312
Dec 200007,27326.889.12$66,348
Nov 20001448,61732.215.66$53,393
Oct 200009,12631.235.15$46,958
Sep 200008,10031.875.19$42,011
Aug 200008,22229.644.54$37,334
Jul 20001658,02428.534.09$37,524
Jun 200007,71529.304.40$33,925
May 200008,88527.263.68$32,695
Apr 200008,82424.513.12$27,496
Mar 200009,04528.422.86$25,866
Feb 200008,12727.622.73$22,158
Jan 2000979,47425.272.48$25,951
Dec 199907,71224.282.42$18,692
Nov 19991288,09923.192.43$22,681
Oct 199908,75720.982.80$24,552
Sep 199908,35221.752.62$21,873
Aug 199908,91519.262.88$25,636
Jul 1999678,73917.892.37$21,931
Jun 1999918,69615.942.36$21,991
May 199909,43615.792.32$21,901
Apr 199906,54715.102.21$14,456
Mar 199908,59412.471.84$15,799
Feb 199909,9549.981.82$18,094
Jan 19991569,49410.381.90$19,657
Dec 199809,4449.201.77$16,747
Nov 199809,20610.892.19$20,122
Oct 199809,02712.421.97$17,776
Sep 199808,99712.592.08$18,737
Aug 1998549,28511.301.91$18,320
Jul 199809,09111.742.24$20,339
Jun 19981588,72911.242.24$21,305
May 199809,07612.622.21$20,025
Apr 199809,72113.042.51$24,354
Mar 1998010,04612.802.31$23,201
Feb 199808,37613.952.30$19,258
Jan 199815110,44314.702.15$24,722
Dec 1997010,20716.322.41$24,610
Nov 199709,93018.193.09$30,666
Oct 19971609,60119.253.15$33,321
Sep 1997499,46617.742.95$28,840
Aug 1997010,78917.862.55$27,563
Jul 1997011,28317.582.25$25,352
Jun 1997011,28317.242.26$25,468
May 199712211,29418.972.31$28,387
Apr 1997010,45117.882.08$21,767
Mar 1997111,31818.951.94$21,966
Feb 199716337620.492.21$4,169
Jan 1997011,59723.483.54$41,050
Dec 1996011,68523.32$0
Nov 199614710,49221.97$3,230
Oct 1996010,97423.31$0
Sep 199615711,11122.22$3,489
Aug 1996011,06120.26$0
Jul 1996011,57219.55$0
Jun 199615411,80518.73$2,884
May 1996012,02319.43$0
Apr 199616411,38121.51$3,528
Mar 1996011,55819.38$0
Feb 1996010,84416.98$0
Jan 199616012,07717.07$2,731
Dec 1995011,67517.19$0
Nov 199515412,25516.00$2,464
Oct 1995012,95815.43$0
Sep 199514012,26216.18$2,265
Aug 1995012,73315.92$0
Jul 199515213,24615.24$2,316
Jun 1995011,26316.41$0
May 199516012,69817.56$2,810
Apr 1995012,91517.73$0
Mar 199515312,97416.44$2,515
Feb 199517211,74516.58$2,852
Jan 1995012,28615.92$0
Dec 199417312,37115.03$2,600
Nov 1994112,55415.90$16
Oct 199417713,08715.58$2,758
Sep 1994013,03415.29$0
Aug 199416813,28916.13$2,710
Jul 1994013,57417.56$0
Jun 199417513,39917.09$2,991
May 199418013,88215.88$2,858
Apr 1994013,77614.14$0
Mar 199418314,40612.46$2,280
Feb 1994212,69712.50$25
Jan 199418114,55712.66$2,291
Dec 199317715,32212.33$2,182
Nov 1993011,94914.49$0
Oct 199318114,14715.85$2,869
Sep 199318313,62915.03$2,750
Aug 1993014,47215.66$0
Jul 199317814,39915.46$2,752
Jun 199317514,36516.79$2,938
May 1993014,71217.68$0
Apr 199317614,56018.05$3,177
Mar 199318415,09118.14$3,338
Feb 199317913,71917.90$3,204
Jan 1993016,06816.93$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                2,095 Mcf  × $  3.05 =     $6,381

────────────────────────────────────────────────────
Month total                                   $6,381

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/125962 is the state's own key, not one this site invented.