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 128162District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$27 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
CondensateDisposition2,014 bbl$60,049
GasProduction938,255 Mcf$2,698,784
Total$2,758,833

213,221 Mcf of this lease's gas, across 47 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 27.3382, -99.4337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33818, -99.43368 · 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
Aug 1996
1 of 1 wells

1 well

42-47934648238,500 ftAug 1996

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 20263542106.413.05$1,970
Apr 2026357098.932.87$1,933
Mar 2026247689.753.15$1,679
Feb 2026042463.503.75$1,590
Jan 2026256559.138.00$4,637
Dec 2025259556.664.41$2,739
Nov 2025258858.593.93$2,426
Oct 2025260359.383.30$2,112
Sep 2025258862.743.08$1,935
Aug 2025257563.933.01$1,861
Jul 2025259866.743.32$2,116
Jun 2025257066.483.13$1,916
May 2025256860.553.23$1,957
Apr 2025257062.363.54$2,144
Mar 2025258367.704.27$2,624
Feb 2025255170.884.34$2,534
Jan 2025261874.324.28$2,793
Dec 2024544468.993.12$1,731
Nov 2024355569.052.20$1,427
Oct 2024257871.372.28$1,461
Sep 2024254269.612.36$1,421
Aug 2024457475.632.06$1,487
Jul 2024257679.932.15$1,396
Jun 2024357378.082.63$1,744
May 2024257578.812.20$1,422
Apr 2024455584.451.66$1,259
Mar 2024256480.301.55$1,032
Feb 2024252276.091.78$1,083
Jan 2024251073.023.30$1,828
Dec 2023351071.262.61$1,545
Nov 2023250377.892.81$1,568
Oct 2023251685.443.09$1,764
Sep 2023348289.042.74$1,585
Aug 2023252980.522.67$1,575
Jul 2023357174.852.64$1,733
Jun 2023253768.962.26$1,351
May 2023457070.622.23$1,552
Apr 2023259478.122.24$1,485
Mar 2023264972.852.39$1,699
Feb 2023258875.112.47$1,600
Jan 2023267076.533.39$2,423
Dec 2022566376.415.73$4,180
Nov 2022259185.005.65$3,507
Oct 2022462587.185.86$4,014
Sep 2022261384.888.16$5,174
Aug 2022262394.529.13$5,875
Jul 20222660101.587.54$5,181
Jun 20224647115.097.98$5,622
May 20222664109.378.43$5,818
Apr 20222672104.226.84$4,803
Mar 20224681108.885.08$3,893
Feb 2022463591.054.86$3,450
Jan 2022272281.844.54$3,440
Dec 2021269571.323.90$2,853
Nov 2021053477.435.24$2,796
Oct 2021446279.795.71$2,959
Sep 2021272569.865.35$4,019
Aug 2021576066.024.22$3,538
Jul 2021273970.783.98$3,084
Jun 2021273769.493.38$2,631
May 2021476863.483.02$2,571
Apr 2021471960.362.76$2,225
Mar 2021479261.302.72$2,397
Feb 2021270057.805.55$3,999
Jan 2021280350.412.81$2,357
Dec 2020279344.642.68$2,211
Nov 2020588838.772.71$2,597
Oct 2020488636.972.48$2,344
Sep 2020483337.091.99$1,807
Aug 2020586939.982.39$2,273
Jul 2020290638.371.83$1,730
Jun 2020583834.901.69$1,591
May 2020288116.921.81$1,633
Apr 2020485214.751.80$1,596
Mar 2020486930.341.86$1,734
Feb 2020475149.881.98$1,687
Jan 2020282857.252.09$1,849
Dec 2019579359.012.30$2,122
Nov 2019277855.302.75$2,251
Oct 2019280753.472.42$2,059
Sep 2019479855.052.66$2,341
Aug 2019582653.112.30$2,169
Jul 2019281056.272.46$2,105
Jun 2019281152.782.49$2,126
May 2019482658.482.74$2,497
Apr 2019269162.632.75$2,026
Mar 2019473556.803.06$2,478
Feb 2019271450.852.79$2,095
Jan 2019374846.033.23$2,553
Dec 2018475846.594.19$3,359
Nov 2018272152.934.24$3,161
Oct 2018274761.443.40$2,661
Sep 2018671159.543.11$2,567
Aug 2018073659.403.07$2,257
Jul 2018476065.142.93$2,489
Jun 2018277360.183.08$2,499
May 2018078465.382.90$2,274
Apr 2018082463.842.90$2,390
Mar 2018089561.222.79$2,494
Feb 2018084561.782.77$2,337
Jan 2018088262.874.01$3,536
Dec 2017088357.272.92$2,580
Nov 2017094055.423.12$2,931
Oct 2017094349.292.98$2,814
Sep 201701,01547.523.09$3,134
Aug 2017094345.373.00$2,833
Jul 2017094843.873.09$2,927
Jun 2017093142.493.09$2,874
May 2017097445.373.26$3,179
Apr 2017083847.933.21$2,691
Mar 201701,04046.772.98$3,103
Feb 2017087150.452.95$2,572
Jan 2017091049.413.42$3,111
Dec 2016096948.763.72$3,607
Nov 2016087242.492.64$2,306
Oct 2016094846.193.09$2,930
Sep 2016092541.553.10$2,868
Aug 2016099641.442.92$2,913
Jul 2016078041.622.92$2,281
Jun 2016098845.352.69$2,654
May 201601,02442.521.99$2,039
Apr 2016095336.561.99$1,897
Mar 2016096033.011.79$1,722
Feb 2016281426.472.06$1,733
Jan 2016090327.352.36$2,135
Dec 2015098632.362.00$1,973
Nov 2015094838.792.17$2,055
Oct 2015098143.552.43$2,380
Sep 201501,04542.992.76$2,883
Aug 201501,09140.162.87$3,134
Jul 201501,14448.152.95$3,369
Jun 2015092856.152.88$2,675
May 2015090955.212.96$2,687
Apr 2015098549.822.71$2,666
Mar 201501,02142.892.93$2,996
Feb 2015091944.662.98$2,735
Jan 2015097143.433.10$3,011
Dec 2014093554.693.59$3,358
Nov 2014095370.464.25$4,052
Oct 201401,04378.303.90$4,069
Sep 2014099286.164.05$4,013
Aug 201401,04189.394.04$4,201
Jul 201401,03196.564.18$4,309
Jun 2014099698.164.74$4,718
May 201401,00394.734.73$4,741
Apr 2014093395.944.81$4,487
Mar 2014095295.895.06$4,814
Feb 2014086597.406.19$5,356
Jan 2014098090.404.86$4,764
Dec 201301,03991.824.35$4,524
Nov 2013099188.853.74$3,705
Oct 201301,13297.423.78$4,278
Sep 201301,100104.113.72$4,090
Aug 20130913104.253.52$3,216
Jul 201301,261102.523.72$4,688
Jun 201301,45994.403.93$5,739
May 201301,14494.834.15$4,747
Apr 201301,47593.964.28$6,317
Mar 201301,47493.623.91$5,768
Feb 2013088891.233.42$3,037
Jan 201301,15291.603.42$3,940
Dec 201201,12486.773.42$3,844
Nov 201201,22186.953.62$4,426
Oct 201201,03389.383.40$3,512
Sep 201201,27194.672.92$3,709
Aug 2012097992.662.91$2,847
Jul 201201285.133.02$36
Jun 201221,23979.822.52$3,281
May 201201,09891.612.49$2,732
Apr 20120917101.652.00$1,831
Mar 20120939105.052.22$2,087
Feb 201201,047101.102.57$2,691
Jan 2012076398.092.73$2,086
Dec 2011087296.873.24$2,825
Nov 2011060095.723.31$1,987
Oct 2011097884.983.65$3,568
Sep 201101,02483.623.99$4,081
Aug 2011079283.404.15$3,286
Jul 201121,00694.144.52$4,733
Jun 201101,00992.904.64$4,682
May 2011083598.134.40$3,678
Apr 201101,170105.964.33$5,070
Mar 2011080796.364.06$3,274
Feb 2011287485.644.18$3,825
Jan 201101,39786.504.59$6,411
Dec 201001,52485.734.35$6,626
Nov 201001,81280.843.80$6,877
Oct 201001,81078.103.51$6,351
Sep 201001,45172.633.98$5,774
Aug 201001,63673.684.42$7,230
Jul 201001,50672.554.74$7,133
Jun 201001,51670.364.91$7,444
May 201001,51371.124.24$6,408
Apr 201001,34781.694.12$5,553
Mar 201001,48078.394.39$6,495
Feb 201001,20773.585.44$6,569
Jan 201001,28974.365.96$7,688
Dec 200901,46171.445.48$8,012
Nov 200901,91574.593.75$7,184
Oct 200901,41772.544.11$5,824
Sep 200911,37465.543.06$4,277
Aug 200911,42367.423.22$4,647
Jul 2009191561.133.46$3,231
Jun 200911,31366.163.90$5,180
May 200921,32154.743.93$5,295
Apr 200921,31646.773.59$4,815
Mar 200921,38842.144.06$5,718
Feb 200911,17332.814.63$5,467
Jan 200911,33535.865.37$7,206
Dec 200831,16237.105.98$7,057
Nov 200821,08155.496.86$7,527
Oct 200811,26675.246.92$8,838
Sep 200821,280101.767.88$10,286
Aug 200821,264114.228.48$10,951
Jul 200811,222131.0811.39$14,049
Jun 200831,343131.3313.03$17,897
May 200821,408123.1711.57$16,543
Apr 200811,401110.3110.45$14,758
Mar 200821,403101.909.66$13,762
Feb 200821,38892.538.77$12,359
Jan 200811,48690.388.21$12,284
Dec 200721,44488.337.30$10,721
Nov 200701,44091.677.29$10,500
Oct 200751,62182.856.92$11,635
Sep 200701,59375.846.24$9,947
Aug 200741,56269.066.39$10,254
Jul 200711,70470.906.39$10,956
Jun 2007290862.007.55$6,978
May 200731,14658.747.85$9,168
Apr 200741,56359.617.81$12,438
Mar 200731,47056.927.30$10,905
Feb 200711,22355.108.22$10,103
Jan 200731,35550.306.73$9,266
Dec 200611,56256.656.92$10,863
Nov 200631,38954.207.62$10,743
Oct 200641,64054.906.01$10,082
Sep 200631,52860.085.04$7,877
Aug 200631,72468.717.34$12,860
Jul 200631,74269.376.34$11,257
Jun 200631,53066.286.38$9,966
May 200651,80666.016.42$11,934
Apr 200651,55864.397.36$11,790
Mar 200652,04556.707.08$14,768
Feb 200661,73857.597.75$13,817
Jan 2006102,51260.598.93$23,046
Dec 200542,28754.9413.42$30,901
Nov 200542,07054.6910.59$22,137
Oct 200572,11458.3413.80$29,573
Sep 200531,39861.4512.08$17,071
Aug 200561,57661.519.80$15,809
Jul 200541,51955.697.84$12,137
Jun 200541,46652.337.38$11,030
May 200551,73245.226.65$11,746
Apr 200591,50449.207.36$11,513
Mar 200561,79850.377.15$13,167
Feb 200521,74045.226.31$11,073
Jan 200581,58343.166.32$10,353
Dec 2004112,08439.866.75$14,508
Nov 200451,56045.286.33$10,102
Oct 200441,78849.706.52$11,848
Sep 200421,74943.245.28$9,328
Aug 200421,47942.375.55$8,294
Jul 200471,77038.286.08$11,037
Jun 200441,83136.106.43$11,923
May 200461,87237.486.49$12,383
Apr 2004751,89534.475.86$13,687
Mar 200431,91434.365.53$10,688
Feb 200461,72232.455.51$9,682
Jan 200461,66832.036.30$10,700
Dec 200351,60030.266.30$10,234
Nov 200341,97428.804.60$9,186
Oct 200331,86028.174.76$8,937
Sep 200381,90426.314.75$9,253
Aug 200342,35529.765.13$12,200
Jul 200342,00429.415.17$10,480
Jun 200331,85828.565.98$11,202
May 200361,96926.595.97$11,920
Apr 200342,03826.675.41$11,127
Mar 200361,96231.146.10$12,147
Feb 200371,70533.487.93$13,748
Jan 200341,88830.315.58$10,660
Dec 200271,90926.914.85$9,454
Nov 200272,02924.664.14$8,567
Oct 200252,00326.464.23$8,603
Sep 200272,28327.443.64$8,491
Aug 200252,09525.963.16$6,759
Jul 200202,07724.583.06$6,359
Jun 200202,04023.733.34$6,810
May 200202,20324.663.58$7,896
Apr 200202,00223.653.51$7,032
Mar 200202,05722.003.10$6,382
Feb 200201,77118.222.38$4,207
Jan 200202,29717.172.38$5,457
Dec 200102,23216.932.36$5,277
Nov 200102,14018.072.41$5,148
Oct 200102,44319.782.53$6,178
Sep 200102,23124.262.25$5,023
Aug 200102,46624.873.05$7,529
Jul 200102,44623.933.20$7,820
Jun 200102,47224.563.82$9,453
May 200103,02525.524.31$13,030
Apr 200103,12724.685.34$16,684
Mar 200102,90024.545.38$15,592
Feb 20010027.755.77$0
Jan 200103,38027.478.40$28,388
Dec 200003,60026.889.12$32,841
Nov 200003,76232.215.66$21,285
Oct 200003,54031.235.15$18,215
Sep 200002,92831.875.19$15,186
Aug 200004,00729.644.54$18,195
Jul 200004,48828.534.09$18,355
Jun 200004,69329.304.40$20,636
May 200003,95927.263.68$14,568
Apr 200003,99424.513.12$12,445
Mar 200005,35528.422.86$15,314
Feb 200005,18627.622.73$14,140
Jan 20001085,81225.272.48$17,146
Dec 199905,53424.282.42$13,413
Nov 199903,59223.192.43$8,743
Oct 199903,72820.982.80$10,452
Sep 199903,34221.752.62$8,752
Aug 199953,32219.262.88$9,649
Jul 199902,87517.892.37$6,821
Jun 199902,99715.942.36$7,079
May 1999423,37015.792.32$8,485
Apr 199903,57815.102.21$7,900
Mar 199905,23812.471.84$9,629
Feb 199905,1029.981.82$9,274
Jan 199905,18110.381.90$9,844
Dec 199804,2289.201.77$7,498
Nov 199805,11510.892.19$11,180
Oct 199805,90012.421.97$11,618
Sep 199806,44812.592.08$13,429
Aug 199807,52111.301.91$14,345
Jul 199808,06511.742.24$18,044
Jun 199807,48111.242.24$16,737
May 199806,71212.622.21$14,809
Apr 199805,47013.042.51$13,704
Mar 199809,04612.802.31$20,891
Feb 199807,81613.952.30$17,970
Jan 1998010,11814.702.15$21,802
Dec 1997877,97516.322.41$20,648
Nov 199707,20418.193.09$22,248
Oct 1997011,01419.253.15$34,692
Sep 19976213,48617.742.95$40,949
Aug 1997014,36717.862.55$36,704
Jul 1997017,45917.582.25$39,229
Jun 199715117,45917.242.26$42,012
May 1997016,17618.972.31$37,342
Apr 1997018,11817.882.08$37,736
Mar 1997221,00618.951.94$40,771
Feb 19977218,85420.492.21$43,065
Jan 1997020,87723.483.54$73,898
Dec 199616423,22223.32$3,824
Nov 1996024,74421.97$0
Oct 1996018,91823.31$0
Sep 199613,56822.22$22
Aug 199604,07420.26$0
Jul 1996090419.55$0
Jun 1996190418.73$19
May 199601,03919.43$0
Apr 199607,03121.51$0
Mar 1996087619.38$0
Feb 1996069616.98$0
Jan 1996090017.07$0
Dec 199501,15617.19$0
Nov 199501,18416.00$0
Oct 1995071715.43$0
Sep 199503,33816.18$0
Aug 1995853,56715.92$1,353
Jul 199512,84315.24$15
Jun 199503,47016.41$0
May 199503,26217.56$0
Apr 19950017.73$0
Mar 1995092216.44$0
Feb 199501,66316.58$0
Jan 199503,26415.92$0
Dec 199403,22615.03$0
Nov 1994583,81515.90$922
Oct 199404,85715.58$0
Sep 199403,51415.29$0
Aug 199404,83116.13$0
Jul 199403,75617.56$0
Jun 199402,44717.09$0
May 199403,86015.88$0
Apr 1994854,61514.14$1,202
Mar 199403,60912.46$0
Feb 199413,79412.50$13
Jan 19941154,67512.66$1,456
Dec 199302,85912.33$0
Nov 199316,05514.49$14
Oct 199304,79515.85$0
Sep 19931155,62715.03$1,728
Aug 199316,69215.66$16
Jul 199307,78315.46$0
Jun 19931332,73116.79$2,233
May 199303,05717.68$0
Apr 199303,97518.05$0
Mar 199303,65418.14$0
Feb 199303,07117.90$0
Jan 1993573,66116.93$965

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                  542 Mcf  × $  3.05 =     $1,651

────────────────────────────────────────────────────
Month total                                   $1,970

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/128162 is the state's own key, not one this site invented.