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 128646District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$8.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$104 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
CondensateDisposition7,144 bbl$212,397
GasProduction3,556,730 Mcf$8,512,639
Total$8,725,036

1,464,846 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 27.3609, -99.4418. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36086, -99.44177 · 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
8,264 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 8,264 ft.

Completions filed
Jul 1988
1 of 1 wells

1 well

42-47934642228,264 ftJul 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 2026112,018106.413.05$7,317
Apr 2026102,08598.932.87$6,973
Mar 202692,09489.753.15$7,403
Feb 202601,86963.503.75$7,009
Jan 202692,21359.138.00$18,232
Dec 202592,22956.664.41$10,347
Nov 202592,10958.593.93$8,808
Oct 202592,17759.383.30$7,729
Sep 202592,11862.743.08$7,082
Aug 202592,24063.933.01$7,328
Jul 202592,39266.743.32$8,531
Jun 202592,23966.483.13$7,604
May 202582,45860.553.23$8,429
Apr 202582,21362.363.54$8,340
Mar 202582,08867.704.27$9,454
Feb 202582,03270.884.34$9,388
Jan 202592,32674.324.28$10,621
Dec 2024181,52968.993.12$6,014
Nov 202482,11069.052.20$5,191
Oct 202482,37771.372.28$5,994
Sep 202472,39669.612.36$6,152
Aug 2024132,44375.632.06$6,025
Jul 202471,97979.932.15$4,808
Jun 2024142,22578.082.63$6,954
May 202472,18578.812.20$5,355
Apr 2024162,27284.451.66$5,121
Mar 202482,39880.301.55$4,348
Feb 202472,13076.091.78$4,332
Jan 202472,09573.023.30$7,420
Dec 2023142,18471.262.61$6,699
Nov 202372,19077.892.81$6,694
Oct 202372,25585.443.09$7,560
Sep 2023142,15989.042.74$7,152
Aug 202382,30180.522.67$6,794
Jul 2023152,46274.852.64$7,627
Jun 202382,51968.962.26$6,241
May 2023162,55670.622.23$6,823
Apr 202382,49278.122.24$6,201
Mar 202382,58472.852.39$6,767
Feb 202372,20175.112.47$5,953
Jan 202382,56676.533.39$9,305
Dec 2022182,44976.415.73$15,406
Nov 202272,31085.005.65$13,638
Oct 2022142,32387.185.86$14,842
Sep 202272,31684.888.16$19,501
Aug 202272,37794.529.13$22,357
Jul 202272,396101.587.54$18,782
Jun 2022142,396115.097.98$20,725
May 202282,612109.378.43$22,902
Apr 202282,648104.226.84$18,940
Mar 2022142,803108.885.08$15,753
Feb 2022142,38591.054.86$12,863
Jan 202262,70681.844.54$12,770
Dec 202162,63571.323.90$10,702
Nov 202101,43277.435.24$7,499
Oct 2021171,93979.795.71$12,436
Sep 202182,67469.865.35$14,867
Aug 2021172,83366.024.22$13,079
Jul 202182,67670.783.98$11,222
Jun 202182,72569.493.38$9,768
May 2021162,86863.483.02$9,670
Apr 2021152,79360.362.76$8,610
Mar 2021162,91561.302.72$8,901
Feb 202182,43157.805.55$13,949
Jan 202182,82750.412.81$8,348
Dec 202082,86744.642.68$8,028
Nov 2020172,88038.772.71$8,454
Oct 2020142,94936.972.48$7,826
Sep 2020152,69337.091.99$5,918
Aug 2020152,93139.982.39$7,590
Jul 202082,95138.371.83$5,693
Jun 2020152,80734.901.69$5,268
May 202082,92116.921.81$5,436
Apr 2020152,86614.751.80$5,393
Mar 2020152,99430.341.86$6,013
Feb 2020142,57549.881.98$5,799
Jan 202072,93657.252.09$6,551
Dec 2019182,94459.012.30$7,846
Nov 201972,87355.302.75$8,290
Oct 201963,03353.472.42$7,656
Sep 2019132,86555.052.66$8,329
Aug 2019132,99953.112.30$7,601
Jul 201922,90556.272.46$7,259
Jun 201962,83952.782.49$7,389
May 2019152,94858.482.74$8,956
Apr 201982,67362.632.75$7,854
Mar 2019162,88456.803.06$9,740
Feb 201982,69250.852.79$7,923
Jan 2019102,87646.033.23$9,745
Dec 2018112,94446.594.19$12,834
Nov 201882,81852.934.24$12,364
Oct 201872,97961.443.40$10,553
Sep 2018222,94559.543.11$10,463
Aug 201802,97259.403.07$9,114
Jul 2018153,07165.142.93$9,981
Jun 201873,02860.183.08$9,738
May 201803,05365.382.90$8,856
Apr 201803,29063.842.90$9,544
Mar 201803,31761.222.79$9,244
Feb 201802,98861.782.77$8,265
Jan 201803,30862.874.01$13,263
Dec 201703,32057.272.92$9,699
Nov 201703,26655.423.12$10,185
Oct 201703,34249.292.98$9,971
Sep 201703,63947.523.09$11,235
Aug 201703,66945.373.00$11,023
Jul 201703,69143.873.09$11,395
Jun 201703,51042.493.09$10,836
May 201703,71145.373.26$12,110
Apr 201703,74447.933.21$12,024
Mar 201704,02346.772.98$12,003
Feb 201703,52850.452.95$10,417
Jan 201703,91549.413.42$13,385
Dec 201603,66348.763.72$13,637
Nov 201603,88542.492.64$10,273
Oct 201603,85446.193.09$11,910
Sep 201603,73041.553.10$11,565
Aug 201603,81541.442.92$11,156
Jul 201602,94341.622.92$8,606
Jun 201603,78945.352.69$10,177
May 201604,15942.521.99$8,281
Apr 201603,69436.561.99$7,355
Mar 201603,80833.011.79$6,832
Feb 201663,39826.472.06$7,171
Jan 201603,77127.352.36$8,916
Dec 201503,57832.362.00$7,161
Nov 201503,78538.792.17$8,203
Oct 201503,79543.552.43$9,209
Sep 201503,74542.992.76$10,330
Aug 201503,68440.162.87$10,582
Jul 201504,58448.152.95$13,500
Jun 201503,95356.152.88$11,396
May 201504,34055.212.96$12,827
Apr 201504,24749.822.71$11,495
Mar 201504,20542.892.93$12,340
Feb 201503,85044.662.98$11,458
Jan 201504,16243.433.10$12,905
Dec 201403,72654.693.59$13,381
Nov 201403,78070.464.25$16,072
Oct 201404,08578.303.90$15,935
Sep 201403,87186.164.05$15,660
Aug 201404,01489.394.04$16,197
Jul 201403,92096.564.18$16,384
Jun 201404,04598.164.74$19,161
May 201403,93294.734.73$18,585
Apr 201403,68695.944.81$17,726
Mar 201403,69995.895.06$18,705
Feb 201403,25497.406.19$20,149
Jan 201403,83990.404.86$18,660
Dec 201303,71791.824.35$16,186
Nov 201303,70988.853.74$13,865
Oct 201304,14097.423.78$15,647
Sep 201304,034104.113.72$14,997
Aug 201303,260104.253.52$11,484
Jul 201304,211102.523.72$15,655
Jun 201304,37894.403.93$17,220
May 201304,28494.834.15$17,775
Apr 201304,22893.964.28$18,107
Mar 201304,13593.623.91$16,180
Feb 201302,98791.233.42$10,215
Jan 201304,50291.603.42$15,396
Dec 201204,38186.773.42$14,984
Nov 201204,76386.953.62$17,266
Oct 201204,34589.383.40$14,772
Sep 201204,27794.672.92$12,482
Aug 201204,38692.662.91$12,755
Jul 201204185.133.02$124
Jun 201224,31879.822.52$11,037
May 201204,67791.612.49$11,638
Apr 201204,615101.652.00$9,215
Mar 201224,511105.052.22$10,234
Feb 201203,968101.102.57$10,199
Jan 201204,20198.092.73$11,486
Dec 201104,35396.873.24$14,103
Nov 201104,42295.723.31$14,642
Oct 201104,46884.983.65$16,302
Sep 201103,89883.623.99$15,537
Aug 201104,64683.404.15$19,278
Jul 2011104,73594.144.52$22,331
Jun 201104,37792.904.64$20,309
May 201104,24998.134.40$18,716
Apr 201104,138105.964.33$17,931
Mar 201104,53596.364.06$18,400
Feb 201143,87685.644.18$16,544
Jan 201104,21186.504.59$19,323
Dec 201004,30985.734.35$18,734
Nov 201004,21280.843.80$15,986
Oct 201004,53678.103.51$15,916
Sep 201004,30772.633.98$17,140
Aug 201004,65573.684.42$20,572
Jul 201004,50972.554.74$21,357
Jun 201004,39470.364.91$21,576
May 201004,28071.124.24$18,127
Apr 201004,28681.694.12$17,670
Mar 201004,51478.394.39$19,810
Feb 201004,00873.585.44$21,813
Jan 201004,52074.365.96$26,958
Dec 200904,46771.445.48$24,496
Nov 200905,88374.593.75$22,070
Oct 200904,24172.544.11$17,432
Sep 200942,47765.543.06$7,854
Aug 200954,74167.423.22$15,596
Jul 200965,26161.133.46$18,594
Jun 200966,97266.163.90$27,553
May 2009126,70354.743.93$26,971
Apr 2009126,22546.773.59$22,893
Mar 2009116,82042.144.06$28,146
Feb 200955,76032.814.63$26,850
Jan 200955,44535.865.37$29,424
Dec 2008145,61537.105.98$34,081
Nov 2008105,30455.496.86$36,942
Oct 200855,49475.246.92$38,406
Sep 2008115,578101.767.88$45,058
Aug 2008105,919114.228.48$51,353
Jul 200845,461131.0811.39$62,722
Jun 2008135,222131.3313.03$69,764
May 200895,849123.1711.57$68,807
Apr 200845,438110.3110.45$57,295
Mar 200885,597101.909.66$54,905
Feb 200875,28392.538.77$46,983
Jan 200845,28190.388.21$43,696
Dec 200775,22788.337.30$38,786
Nov 200704,87991.677.29$35,576
Oct 2007175,24082.856.92$37,680
Sep 200705,10875.846.24$31,895
Aug 2007135,46769.066.39$35,821
Jul 200765,65370.906.39$36,536
Jun 2007114,93462.007.55$37,926
May 2007104,97558.747.85$39,623
Apr 2007135,15159.617.81$40,980
Mar 2007115,26656.927.30$39,078
Feb 200764,50355.108.22$37,327
Jan 2007115,36550.306.73$36,643
Dec 200665,61056.656.92$39,152
Nov 2006115,34454.207.62$41,304
Oct 2006135,43254.906.01$33,381
Sep 2006105,55760.085.04$28,593
Aug 2006105,53468.717.34$41,306
Jul 2006115,91369.376.34$38,268
Jun 2006105,46066.286.38$35,519
May 2006165,73066.016.42$37,871
Apr 2006155,56164.397.36$41,897
Mar 2006155,65656.707.08$40,912
Feb 2006144,51557.597.75$35,803
Jan 2006235,52160.598.93$50,714
Dec 2005105,87954.9413.42$79,419
Nov 2005105,85954.6910.59$62,584
Oct 2005236,34258.3413.80$88,835
Sep 2005104,60961.4512.08$56,287
Aug 2005266,33061.519.80$63,613
Jul 2005186,53155.697.84$52,229
Jun 2005156,02252.337.38$45,234
May 2005196,54045.226.65$44,358
Apr 2005315,97549.207.36$45,504
Mar 2005206,34350.377.15$46,391
Feb 2005105,49145.226.31$35,111
Jan 2005286,12743.166.32$39,945
Dec 2004876,39039.866.75$46,607
Nov 2004186,25845.286.33$40,431
Oct 2004216,68649.706.52$44,604
Sep 200498,68943.245.28$46,301
Aug 2004105,56842.375.55$31,330
Jul 2004287,42738.286.08$46,259
Jun 2004147,48436.106.43$48,650
May 2004217,29337.486.49$48,152
Apr 2004117,05734.475.86$41,722
Mar 2004126,71734.365.53$37,558
Feb 2004236,55332.455.51$36,851
Jan 2004277,41232.036.30$47,558
Dec 2003186,94230.266.30$44,291
Nov 2003166,75828.804.60$31,515
Oct 2003137,49428.174.76$36,035
Sep 2003328,02526.314.75$38,956
Aug 2003199,16229.765.13$47,564
Jul 2003158,75629.415.17$45,717
Jun 2003107,16728.565.98$43,165
May 2003237,01326.595.97$42,498
Apr 2003167,96026.675.41$43,469
Mar 2003257,87231.146.10$48,767
Feb 2003276,61533.487.93$53,334
Jan 2003197,56630.315.58$42,810
Dec 20021948,41226.914.85$46,050
Nov 2002308,94624.664.14$37,749
Oct 2002229,32926.464.23$40,036
Sep 20023110,43627.443.64$38,788
Aug 20022810,63825.963.16$34,387
Jul 200209,15124.583.06$28,018
Jun 200208,79823.733.34$29,370
May 200209,55724.663.58$34,252
Apr 200206,98123.653.51$24,520
Mar 200209,43122.003.10$29,262
Feb 200208,71818.222.38$20,711
Jan 2002010,63217.172.38$25,258
Dec 2001748,45716.932.36$21,249
Nov 2001010,45318.072.41$25,145
Oct 200109,96419.782.53$25,198
Sep 200106,36324.262.25$14,325
Aug 2001010,29924.873.05$31,444
Jul 2001010,33223.933.20$33,032
Jun 20011248,09124.563.82$33,987
May 2001012,17725.524.31$52,450
Apr 2001011,77424.685.34$62,818
Mar 2001011,95324.545.38$64,265
Feb 200109,67727.755.77$55,808
Jan 2001011,69227.478.40$98,198
Dec 2000012,11926.889.12$110,556
Nov 200013712,24332.215.66$73,684
Oct 2000012,26831.235.15$63,125
Sep 2000011,01431.875.19$57,124
Aug 2000012,68029.644.54$57,577
Jul 2000012,54728.534.09$51,314
Jun 2000011,76929.304.40$51,751
May 2000013,31527.263.68$48,996
Apr 2000011,38124.513.12$35,463
Mar 2000012,16028.422.86$34,775
Feb 2000011,57527.622.73$31,559
Jan 2000013,38225.272.48$33,194
Dec 199914413,00024.282.42$35,005
Nov 1999013,20523.192.43$32,141
Oct 1999013,41220.982.80$37,603
Sep 1999013,23321.752.62$34,655
Aug 1999013,43019.262.88$38,619
Jul 1999012,35217.892.37$29,304
Jun 1999012,44815.942.36$29,403
May 199915713,20415.792.32$33,126
Apr 1999012,91015.102.21$28,506
Mar 1999013,09012.471.84$24,064
Feb 1999016,4219.981.82$29,850
Jan 1999014,42110.381.90$27,399
Dec 1998014,7869.201.77$26,220
Nov 1998015,30710.892.19$33,457
Oct 199816114,67312.421.97$30,894
Sep 1998015,41412.592.08$32,102
Aug 1998015,56611.301.91$29,690
Jul 1998016,10611.742.24$36,033
Jun 1998016,04811.242.24$35,904
May 1998018,44312.622.21$40,692
Apr 199817219,10213.042.51$50,100
Mar 1998020,92612.802.31$48,327
Feb 1998018,66113.952.30$42,904
Jan 1998021,52614.702.15$46,384
Dec 1997019,44016.322.41$46,872
Nov 1997114,83618.193.09$45,836
Oct 199701,34919.253.15$4,249
Sep 199719,22917.742.95$27,288
Aug 1997019,16617.862.55$48,964
Jul 199715920,24317.582.25$48,280
Jun 1997020,24317.242.26$45,693
May 1997018,91418.972.31$43,663
Apr 1997018,85117.882.08$39,262
Mar 1997120,45718.951.94$39,688
Feb 1997117,65820.492.21$38,972
Jan 1997019,80823.483.54$70,114
Dec 1996120,53223.32$23
Nov 1996019,26521.97$0
Oct 1996019,80623.31$0
Sep 199617221,35022.22$3,822
Aug 1996022,71920.26$0
Jul 1996022,33319.55$0
Jun 1996020,59818.73$0
May 199611123,60719.43$2,157
Apr 1996023,05021.51$0
Mar 199614124,13319.38$2,733
Feb 1996422,41716.98$68
Jan 199617424,50717.07$2,970
Dec 1995124,22117.19$17
Nov 1995023,41316.00$0
Oct 199517824,39815.43$2,747
Sep 1995024,17916.18$0
Aug 1995024,91415.92$0
Jul 199524825,23815.24$3,780
Jun 1995024,00216.41$0
May 1995024,93617.56$0
Apr 1995023,74617.73$0
Mar 1995026,68416.44$0
Feb 1995024,90616.58$0
Jan 1995028,00215.92$0
Dec 199413628,47115.03$2,044
Nov 1994029,50615.90$0
Oct 199416530,87915.58$2,571
Sep 1994030,84215.29$0
Aug 1994031,99016.13$0
Jul 199411931,66117.56$2,090
Jun 199412731,88217.09$2,170
May 199412535,23215.88$1,985
Apr 1994032,99814.14$0
Mar 199410834,38112.46$1,346
Feb 199420532,11712.50$2,563
Jan 199414636,51212.66$1,848
Dec 199314836,88212.33$1,825
Nov 1993238,13414.49$29
Oct 199317239,15915.85$2,726
Sep 1993140,23915.03$15
Aug 199317943,38115.66$2,803
Jul 199317845,05915.46$2,752
Jun 1993043,52016.79$0
May 199317743,45917.68$3,129
Apr 199317744,21218.05$3,195
Mar 199318048,59518.14$3,265
Feb 1993042,60417.90$0
Jan 199317350,17516.93$2,929

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            11 bbl  × $106.41 =     $1,171
Gas                2,018 Mcf  × $  3.05 =     $6,147

────────────────────────────────────────────────────
Month total                                   $7,317

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/128646 is the state's own key, not one this site invented.