HEREFORD -T-

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 127607District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$2.2 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.

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
CondensateDisposition1,735 bbl$32,346
GasProduction2,252,735 Mcf$2,207,352
Total$2,239,698

1,485,789 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 27.3350, -99.4189. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33503, -99.41887 · 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
9,047 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 9,047 ft.

Completions filed
Jan 1988
1 of 1 wells

1 well

42-47934509199,047 ftJan 1988

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 2026079106.413.05$241
Apr 2026010298.932.87$293
Mar 202609289.753.15$290
Feb 202608363.503.75$311
Jan 2026010859.138.00$864
Dec 2025011556.664.41$508
Nov 202519458.593.93$428
Oct 2025010259.383.30$337
Sep 2025010162.743.08$311
Aug 2025011163.933.01$335
Jul 2025011466.743.32$378
Jun 202509966.483.13$310
May 202508660.553.23$278
Apr 202509462.363.54$333
Mar 202508967.704.27$380
Feb 202508670.884.34$373
Jan 2025010774.324.28$458
Dec 2024110868.993.12$406
Nov 2024013469.052.20$295
Oct 2024013271.372.28$301
Sep 2024010769.612.36$253
Aug 2024110775.632.06$296
Jul 2024012679.932.15$270
Jun 2024111478.082.63$378
May 202409778.812.20$213
Apr 202419384.451.66$239
Mar 2024010180.301.55$156
Feb 202408576.091.78$152
Jan 202408973.023.30$293
Dec 2023110771.262.61$351
Nov 2023012677.892.81$354
Oct 2023011485.443.09$352
Sep 2023110389.042.74$371
Aug 2023010880.522.67$289
Jul 2023111874.852.64$387
Jun 2023011468.962.26$257
May 2023112370.622.23$345
Apr 2023010878.122.24$242
Mar 2023011672.852.39$278
Feb 2023010575.112.47$259
Jan 2023012576.533.39$423
Dec 2022111976.415.73$758
Nov 2022010785.005.65$604
Oct 2022111087.185.86$732
Sep 2022011184.888.16$906
Aug 2022012994.529.13$1,177
Jul 20220128101.587.54$965
Jun 20221121115.097.98$1,080
May 20220127109.378.43$1,071
Apr 20220119104.226.84$814
Mar 20221133108.885.08$784
Feb 2022111791.054.86$660
Jan 2022013881.844.54$626
Dec 2021012571.323.90$487
Nov 2021011977.435.24$623
Oct 202117879.795.71$525
Sep 202109269.865.35$492
Aug 202104166.024.22$173
Jul 202107670.783.98$303
Jun 202109269.493.38$311
May 2021110563.483.02$380
Apr 2021110760.362.76$356
Mar 2021111261.302.72$366
Feb 2021010057.805.55$555
Jan 2021012150.412.81$340
Dec 2020012244.642.68$326
Nov 2020112238.772.71$369
Oct 2020112336.972.48$342
Sep 2020111837.091.99$272
Aug 2020112139.982.39$329
Jul 2020012138.371.83$221
Jun 2020111934.901.69$236
May 2020012516.921.81$227
Apr 2020111914.751.80$229
Mar 2020111930.341.86$251
Feb 2020010849.881.98$214
Jan 202007857.252.09$163
Dec 2019110559.012.30$301
Nov 2019010755.302.75$294
Oct 2019010153.472.42$244
Sep 2019110955.052.66$345
Aug 2019112753.112.30$346
Jul 201909856.272.46$241
Jun 2019011752.782.49$291
May 2019110258.482.74$338
Apr 2019010562.632.75$289
Mar 2019111256.803.06$400
Feb 201909850.852.79$274
Jan 2019011446.033.23$368
Dec 2018112946.594.19$587
Nov 2018012552.934.24$530
Oct 2018013061.443.40$442
Sep 2018114459.543.11$507
Aug 2018014259.403.07$435
Jul 201808565.142.93$249
Jun 2018010960.183.08$335
May 2018013065.382.90$377
Apr 2018012363.842.90$357
Mar 2018012961.222.79$360
Feb 2018011461.782.77$315
Jan 2018014862.874.01$593
Dec 2017017157.272.92$500
Nov 2017015255.423.12$474
Oct 2017011349.292.98$337
Sep 2017014147.523.09$435
Aug 2017016245.373.00$487
Jul 2017017543.873.09$540
Jun 2017014542.493.09$448
May 2017013245.373.26$431
Apr 2017013947.933.21$446
Mar 2017013946.772.98$415
Feb 2017011750.452.95$345
Jan 201709049.413.42$308
Dec 201609648.763.72$357
Nov 2016010742.492.64$283
Oct 201608446.193.09$260
Sep 2016010041.553.10$310
Aug 201608841.442.92$257
Jul 2016010241.622.92$298
Jun 201607745.352.69$207
May 201608642.521.99$171
Apr 201604336.561.99$86
Mar 201608533.011.79$152
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502338.792.17$50
Oct 201508143.552.43$197
Sep 2015012542.992.76$345
Aug 2015011840.162.87$339
Jul 2015014848.152.95$436
Jun 2015013856.152.88$398
May 2015012955.212.96$381
Apr 2015014049.822.71$379
Mar 2015012042.892.93$352
Feb 2015010444.662.98$310
Jan 2015012343.433.10$381
Dec 2014012354.693.59$442
Nov 2014011570.464.25$489
Oct 2014013378.303.90$519
Sep 201409586.164.05$384
Aug 2014011789.394.04$472
Jul 2014013396.564.18$556
Jun 2014012198.164.74$573
May 2014012994.734.73$610
Apr 2014011395.944.81$543
Mar 201409895.895.06$496
Feb 201409897.406.19$607
Jan 2014012690.404.86$612
Dec 201305991.824.35$257
Nov 201308088.853.74$299
Oct 2013012097.423.78$454
Sep 20130114104.113.72$424
Aug 20130218104.253.52$768
Jul 20130143102.523.72$532
Jun 2013011294.403.93$441
May 2013012594.834.15$519
Apr 2013011493.964.28$488
Mar 201309393.623.91$364
Feb 2013027691.233.42$944
Jan 2013017091.603.42$581
Dec 2012011286.773.42$383
Nov 2012016586.953.62$598
Oct 2012013389.383.40$452
Sep 2012013194.672.92$382
Aug 2012014592.662.91$422
Jul 20120185.133.02$3
Jun 201216979.822.52$254
May 201209091.612.49$224
Apr 2012083101.652.00$166
Mar 20120112105.052.22$249
Feb 20120154101.102.57$396
Jan 2012015098.092.73$410
Dec 2011016896.873.24$544
Nov 2011011695.723.31$384
Oct 2011014284.983.65$518
Sep 2011013883.623.99$550
Aug 2011027383.404.15$1,133
Jul 2011015794.144.52$709
Jun 2011014192.904.64$654
May 2011013898.134.40$608
Apr 20110110105.964.33$477
Mar 2011013096.364.06$527
Feb 2011013585.644.18$564
Jan 2011013786.504.59$629
Dec 2010012085.734.35$522
Nov 2010012080.843.80$455
Oct 2010013278.103.51$463
Sep 2010012772.633.98$505
Aug 2010016073.684.42$707
Jul 2010017272.554.74$815
Jun 2010015570.364.91$761
May 2010017371.124.24$733
Apr 2010014181.694.12$581
Mar 2010016278.394.39$711
Feb 2010017873.585.44$969
Jan 2010018974.365.96$1,127
Dec 2009018571.445.48$1,014
Nov 2009012474.593.75$465
Oct 2009012472.544.11$510
Sep 2009010465.543.06$319
Aug 200908367.423.22$267
Jul 2009014061.133.46$485
Jun 2009016166.163.90$627
May 2009012054.743.93$471
Apr 2009015746.773.59$563
Mar 2009012242.144.06$495
Feb 2009012832.814.63$593
Jan 2009011935.865.37$639
Dec 2008013737.105.98$819
Nov 2008012155.496.86$830
Oct 2008013675.246.92$941
Sep 20080133101.767.88$1,048
Aug 20080115114.228.48$976
Jul 20080138131.0811.39$1,572
Jun 20080225131.3313.03$2,932
May 20080197123.1711.57$2,280
Apr 20080190110.3110.45$1,986
Mar 20080105101.909.66$1,015
Feb 2008014592.538.77$1,272
Jan 2008015990.388.21$1,305
Dec 2007013188.337.30$957
Nov 2007013191.677.29$955
Oct 2007113082.856.92$983
Sep 2007012975.846.24$806
Aug 2007011669.066.39$741
Jul 2007011070.906.39$703
Jun 2007018762.007.55$1,412
May 2007021158.747.85$1,656
Apr 2007123259.617.81$1,870
Mar 2007018256.927.30$1,329
Feb 2007017155.108.22$1,405
Jan 2007013650.306.73$915
Dec 2006114956.656.92$1,088
Nov 2006019254.207.62$1,463
Oct 2006014054.906.01$842
Sep 2006118060.085.04$967
Aug 2006020268.717.34$1,483
Jul 2006021969.376.34$1,389
Jun 2006025466.286.38$1,622
May 2006131166.016.42$2,064
Apr 2006124864.397.36$1,890
Mar 2006129556.707.08$2,146
Feb 2006123357.597.75$1,864
Jan 2006122360.598.93$2,053
Dec 2005020754.9413.42$2,777
Nov 2005118654.6910.59$2,024
Oct 2005018858.3413.80$2,594
Sep 200508261.4512.08$990
Aug 2005116561.519.80$1,678
Jul 2005137155.697.84$2,966
Jun 2005159952.337.38$4,474
May 2005167245.226.65$4,515
Apr 2005131349.207.36$2,353
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20052914643.166.32$2,175
Dec 2004018239.866.75$1,229
Nov 20041045.286.33$45
Oct 2004022049.706.52$1,433
Sep 2004114543.245.28$809
Aug 2004026842.375.55$1,488
Jul 2004131838.286.08$1,973
Jun 2004027736.106.43$1,782
May 2004128537.486.49$1,888
Apr 2004033634.475.86$1,968
Mar 2004132634.365.53$1,837
Feb 2004126532.455.51$1,493
Jan 2004130032.036.30$1,922
Dec 2003136030.266.30$2,299
Nov 2003131128.804.60$1,458
Oct 2003127828.174.76$1,351
Sep 2003139126.314.75$1,883
Aug 2003145929.765.13$2,384
Jul 2003134329.415.17$1,803
Jun 2003024328.565.98$1,454
May 2003237426.595.97$2,287
Apr 2003131726.675.41$1,741
Mar 2003336631.146.10$2,325
Feb 2003251833.487.93$4,173
Jan 2003249330.315.58$2,813
Dec 2002234026.914.85$1,704
Nov 2002258624.664.14$2,474
Oct 2002139226.464.23$1,684
Sep 2002137227.443.64$1,380
Aug 2002136425.963.16$1,178
Jul 2002041024.583.06$1,255
Jun 2002043323.733.34$1,445
May 2002048024.663.58$1,720
Apr 2002042423.653.51$1,489
Mar 2002041822.003.10$1,297
Feb 2002042918.222.38$1,019
Jan 2002049517.172.38$1,176
Dec 2001048516.932.36$1,147
Nov 2001049218.072.41$1,184
Oct 2001052619.782.53$1,330
Sep 2001052324.262.25$1,177
Aug 2001053624.873.05$1,636
Jul 2001030923.933.20$988
Jun 2001059024.563.82$2,256
May 200101,17625.524.31$5,065
Apr 2001072824.685.34$3,884
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 200109,97527.478.40$83,778
Dec 200008,78326.889.12$80,123
Nov 200007,31532.215.66$41,388
Oct 200008,52531.235.15$43,865
Sep 200008,93631.875.19$46,347
Aug 200008,02029.644.54$36,417
Jul 200008,45728.534.09$34,587
Jun 2000010,41829.304.40$45,811
May 2000010,21527.263.68$37,589
Apr 200009,77024.513.12$30,443
Mar 2000010,53228.422.86$30,119
Feb 2000010,52427.622.73$28,694
Jan 2000010,32025.272.48$25,599
Dec 1999012,10624.282.42$29,342
Nov 19997512,51423.192.43$32,198
Oct 1999011,90720.982.80$33,384
Sep 1999012,65221.752.62$33,134
Aug 1999013,75519.262.88$39,554
Jul 1999013,96617.892.37$33,133
Jun 1999012,43415.942.36$29,370
May 1999013,31615.792.32$30,907
Apr 1999013,14715.102.21$29,029
Mar 1999014,20912.471.84$26,121
Feb 1999012,2909.981.82$22,341
Jan 1999014,57910.381.90$27,699
Dec 1998014,9909.201.77$26,582
Nov 1998010,84710.892.19$23,709
Oct 1998015,22912.421.97$29,989
Sep 1998015,83412.592.08$32,976
Aug 1998016,16711.301.91$30,836
Jul 1998015,89811.742.24$35,568
Jun 1998015,52711.242.24$34,738
May 1998016,63712.622.21$36,707
Apr 1998017,49613.042.51$43,833
Mar 1998017,64512.802.31$40,750
Feb 19988715,46513.952.30$36,770
Jan 1998018,39314.702.15$39,633
Dec 19971317,71116.322.41$42,915
Nov 1997017,70518.193.09$54,678
Oct 1997019,34519.253.15$60,933
Sep 1997019,00317.742.95$56,152
Aug 1997021,87417.862.55$55,882
Jul 1997022,05617.582.25$49,559
Jun 1997022,05617.242.26$49,785
May 1997021,33818.972.31$49,259
Apr 1997020,69917.882.08$43,111
Mar 1997124,67518.951.94$47,867
Feb 1997119,48420.492.21$43,000
Jan 19978620,59123.483.54$74,905
Dec 1996021,11923.32$0
Nov 1996021,22721.97$0
Oct 1996024,81623.31$0
Sep 1996025,73322.22$0
Aug 1996030,47720.26$0
Jul 1996022,07019.55$0
Jun 1996017,27818.73$0
May 19966419,51719.43$1,244
Apr 1996020,65421.51$0
Mar 1996022,22219.38$0
Feb 199613720,32716.98$2,326
Jan 1996323,16217.07$51
Dec 1995021,96517.19$0
Nov 1995122,17716.00$16
Oct 1995325,67415.43$46
Sep 1995023,33416.18$0
Aug 199511425,24715.92$1,815
Jul 1995123,29715.24$15
Jun 1995023,65016.41$0
May 1995026,64117.56$0
Apr 19959421,62217.73$1,667
Mar 1995025,40816.44$0
Feb 1995025,43216.58$0
Jan 1995028,58215.92$0
Dec 1994031,07315.03$0
Nov 1994128,64215.90$16
Oct 199413730,24715.58$2,134
Sep 1994029,02815.29$0
Aug 1994030,14916.13$0
Jul 1994133,73617.56$18
Jun 19948626,58217.09$1,470
May 1994132,90215.88$16
Apr 1994131,76214.14$14
Mar 19948035,32312.46$997
Feb 1994232,34212.50$25
Jan 19948737,27212.66$1,101
Dec 1993140,08512.33$12
Nov 199311434,51614.49$1,652
Oct 1993139,69715.85$16
Sep 1993139,85615.03$15
Aug 199317643,68615.66$2,756
Jul 1993047,66515.46$0
Jun 1993040,40716.79$0
May 1993049,32317.68$0
Apr 1993149,08118.05$18
Mar 19935154,98218.14$925
Feb 19938446,12317.90$1,504
Jan 199312359,67916.93$2,082

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                   79 Mcf  × $  3.05 =       $241

────────────────────────────────────────────────────
Month total                                     $241

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/127607 is the state's own key, not one this site invented.