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 129142District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$15 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
CondensateDisposition856 bbl$28,217
GasProduction556,559 Mcf$1,515,259
Total$1,543,476

191,008 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 27.3590, -99.4217. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35899, -99.42169 · 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
8,000 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 8,000 ft.

Completions filed
Nov 1988
1 of 1 wells

1 well

42-47934725288,000 ftNov 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 20262278106.413.05$1,060
Apr 2026237298.932.87$1,265
Mar 2026134989.753.15$1,189
Feb 2026029663.503.75$1,110
Jan 2026137359.138.00$3,042
Dec 2025133456.664.41$1,531
Nov 2025128758.593.93$1,185
Oct 2025122259.383.30$793
Sep 2025129062.743.08$955
Aug 2025127763.933.01$899
Jul 2025133366.743.32$1,171
Jun 2025134466.483.13$1,143
May 2025237560.553.23$1,333
Apr 2025239862.363.54$1,535
Mar 2025143067.704.27$1,903
Feb 2025135270.884.34$1,599
Jan 2025136274.324.28$1,623
Dec 2024332468.993.12$1,218
Nov 2024133969.052.20$814
Oct 2024136871.372.28$911
Sep 2024132669.612.36$840
Aug 2024236775.632.06$909
Jul 2024138379.932.15$902
Jun 2024237978.082.63$1,154
May 2024142078.812.20$1,002
Apr 2024340384.451.66$922
Mar 2024142980.301.55$743
Feb 2024138476.091.78$761
Jan 2024138173.023.30$1,329
Dec 2023234871.262.61$1,051
Nov 2023133477.892.81$1,016
Oct 2023134385.443.09$1,144
Sep 2023236789.042.74$1,182
Aug 2023135780.522.67$1,035
Jul 2023231774.852.64$987
Jun 2023135968.962.26$880
May 2023335670.622.23$1,005
Apr 2023137878.122.24$924
Mar 2023244372.852.39$1,206
Feb 2023139075.112.47$1,037
Jan 2023143676.533.39$1,554
Dec 2022336476.415.73$2,315
Nov 2022133685.005.65$1,982
Oct 2022234987.185.86$2,221
Sep 2022134784.888.16$2,918
Aug 2022134194.529.13$3,207
Jul 20221338101.587.54$2,651
Jun 20222362115.097.98$3,118
May 20221388109.378.43$3,381
Apr 20221442104.226.84$3,126
Mar 20222371108.885.08$2,101
Feb 2022232491.054.86$1,756
Jan 2022135681.844.54$1,697
Dec 2021141071.323.90$1,670
Nov 2021034977.435.24$1,828
Oct 2021220479.795.71$1,325
Sep 2021126069.865.35$1,461
Aug 2021228866.024.22$1,348
Jul 2021133470.783.98$1,401
Jun 2021135269.493.38$1,259
May 2021237063.483.02$1,244
Apr 2021236560.362.76$1,128
Mar 2021239061.302.72$1,182
Feb 2021135457.805.55$2,022
Jan 2021136450.412.81$1,073
Dec 2020136644.642.68$1,024
Nov 2020234938.772.71$1,022
Oct 2020227636.972.48$758
Sep 2020232037.091.99$711
Aug 2020237839.982.39$982
Jul 2020142638.371.83$816
Jun 2020239434.901.69$736
May 2020148316.921.81$893
Apr 2020242714.751.80$800
Mar 2020239630.341.86$796
Feb 2020238049.881.98$852
Jan 2020142657.252.09$950
Dec 2019244559.012.30$1,143
Nov 2019131755.302.75$927
Oct 2019123953.472.42$632
Sep 2019127155.052.66$775
Aug 2019231353.112.30$827
Jul 2019137756.272.46$984
Jun 2019144452.782.49$1,159
May 2019349058.482.74$1,518
Apr 2019146062.632.75$1,328
Mar 2019346656.803.06$1,597
Feb 2019144150.852.79$1,282
Jan 2019250146.033.23$1,709
Dec 2018350446.594.19$2,249
Nov 2018148852.934.24$2,121
Oct 2018152161.443.40$1,832
Sep 2018349759.543.11$1,723
Aug 2018042859.403.07$1,312
Jul 2018250365.142.93$1,605
Jun 2018152560.183.08$1,676
May 2018050465.382.90$1,462
Apr 2018058163.842.90$1,685
Mar 2018056361.222.79$1,569
Feb 2018056161.782.77$1,552
Jan 2018062962.874.01$2,522
Dec 2017060357.272.92$1,762
Nov 2017055655.423.12$1,734
Oct 2017144249.292.98$1,368
Sep 2017045947.523.09$1,417
Aug 2017048945.373.00$1,469
Jul 2017048743.873.09$1,504
Jun 2017058042.493.09$1,791
May 2017051945.373.26$1,694
Apr 2017062647.933.21$2,010
Mar 2017062046.772.98$1,850
Feb 2017058650.452.95$1,730
Jan 2017077449.413.42$2,646
Dec 2016064648.763.72$2,405
Nov 2016058742.492.64$1,552
Oct 2016045946.193.09$1,418
Sep 2016067541.553.10$2,093
Aug 2016059741.442.92$1,746
Jul 2016036941.622.92$1,079
Jun 2016039945.352.69$1,072
May 2016072842.521.99$1,449
Apr 2016071136.561.99$1,416
Mar 2016060233.011.79$1,080
Feb 2016159626.472.06$1,256
Jan 2016066127.352.36$1,563
Dec 2015053832.362.00$1,077
Nov 2015053238.792.17$1,153
Oct 2015054343.552.43$1,318
Sep 2015054442.992.76$1,501
Aug 2015060740.162.87$1,744
Jul 2015061548.152.95$1,811
Jun 2015053456.152.88$1,539
May 2015056555.212.96$1,670
Apr 2015058949.822.71$1,594
Mar 2015061542.892.93$1,805
Feb 2015048844.662.98$1,452
Jan 2015041343.433.10$1,281
Dec 2014056654.693.59$2,033
Nov 2014053070.464.25$2,253
Oct 2014058078.303.90$2,263
Sep 2014052086.164.05$2,104
Aug 2014054089.394.04$2,179
Jul 2014055596.564.18$2,320
Jun 2014051698.164.74$2,444
May 2014048894.734.73$2,307
Apr 2014050495.944.81$2,424
Mar 2014049895.895.06$2,518
Feb 2014045097.406.19$2,786
Jan 2014053290.404.86$2,586
Dec 2013043991.824.35$1,912
Nov 2013054688.853.74$2,041
Oct 2013056197.423.78$2,120
Sep 20130597104.113.72$2,219
Aug 20130483104.253.52$1,701
Jul 20130594102.523.72$2,208
Jun 2013063694.403.93$2,502
May 201301,56894.834.15$6,506
Apr 2013080493.964.28$3,443
Mar 2013084393.623.91$3,299
Feb 2013052691.233.42$1,799
Jan 2013081791.603.42$2,794
Dec 2012087586.773.42$2,993
Nov 2012092686.953.62$3,357
Oct 2012068289.383.40$2,319
Sep 2012070794.672.92$2,063
Aug 2012087092.662.91$2,530
Jul 20120885.133.02$24
Jun 2012175779.822.52$1,987
May 2012075091.612.49$1,866
Apr 20120791101.652.00$1,579
Mar 20120752105.052.22$1,671
Feb 20120783101.102.57$2,013
Jan 2012090498.092.73$2,472
Dec 2011092096.873.24$2,981
Nov 2011067995.723.31$2,248
Oct 2011087384.983.65$3,185
Sep 2011081283.623.99$3,236
Aug 201101,22883.404.15$5,095
Jul 2011194394.144.52$4,354
Jun 2011071692.904.64$3,322
May 2011073198.134.40$3,220
Apr 20110752105.964.33$3,259
Mar 2011078896.364.06$3,197
Feb 2011160685.644.18$2,619
Jan 2011082886.504.59$3,800
Dec 2010073285.734.35$3,183
Nov 2010081480.843.80$3,089
Oct 2010086278.103.51$3,025
Sep 2010065872.633.98$2,618
Aug 2010081073.684.42$3,580
Jul 2010084172.554.74$3,983
Jun 2010083770.364.91$4,110
May 2010097871.124.24$4,142
Apr 2010060281.694.12$2,482
Mar 2010061278.394.39$2,686
Feb 2010094973.585.44$5,165
Jan 201001,03874.365.96$6,191
Dec 200901,14371.445.48$6,268
Nov 200901,40774.593.75$5,278
Oct 200901,01972.544.11$4,188
Sep 2009193165.543.06$2,919
Aug 200911,01967.423.22$3,347
Jul 2009179761.133.46$2,822
Jun 2009185266.163.90$3,385
May 2009292954.743.93$3,757
Apr 2009282746.773.59$3,060
Mar 2009295942.144.06$3,977
Feb 2009184732.814.63$3,957
Jan 2009190935.865.37$4,918
Dec 200831,07437.105.98$6,531
Nov 2008292755.496.86$6,471
Oct 200811,05275.246.92$7,357
Sep 20082983101.767.88$7,947
Aug 200821,063114.228.48$9,246
Jul 200811,053131.0811.39$12,124
Jun 200821,013131.3313.03$13,465
May 200821,147123.1711.57$13,522
Apr 200811,124110.3110.45$11,862
Mar 200821,058101.909.66$10,428
Feb 200811,02092.538.77$9,039
Jan 200811,04290.388.21$8,641
Dec 2007191088.337.30$6,733
Nov 2007099091.677.29$7,219
Oct 2007397282.856.92$6,977
Sep 200701,04975.846.24$6,550
Aug 200721,07469.066.39$6,999
Jul 200711,10870.906.39$7,149
Jun 200721,02262.007.55$7,839
May 200721,12158.747.85$8,913
Apr 200731,10559.617.81$8,804
Mar 200721,17156.927.30$8,664
Feb 2007188155.108.22$7,293
Jan 200721,05250.306.73$7,177
Dec 200611,16856.656.92$8,137
Nov 200621,08254.207.62$8,351
Oct 200631,15654.906.01$7,117
Sep 200621,15160.085.04$5,918
Aug 200621,15268.717.34$8,593
Jul 200621,20269.376.34$7,763
Jun 200621,17566.286.38$7,634
May 200631,20366.016.42$7,927
Apr 200631,22964.397.36$9,239
Mar 200631,17656.707.08$8,500
Feb 200641,19257.597.75$9,470
Jan 200661,56660.598.93$14,353
Dec 200531,71354.9413.42$23,145
Nov 200531,77854.6910.59$18,990
Oct 200551,65358.3413.80$23,096
Sep 2005289661.4512.08$10,946
Aug 2005391961.519.80$9,188
Jul 2005371655.697.84$5,783
Jun 2005295052.337.38$7,117
May 200531,17645.226.65$7,957
Apr 2005696249.207.36$7,376
Mar 200531,17050.377.15$8,522
Feb 2005293745.226.31$6,005
Jan 200551,16843.166.32$7,600
Dec 200431,19839.866.75$8,207
Nov 200431,19045.286.33$7,669
Oct 200431,29449.706.52$8,580
Sep 200421,14243.245.28$6,121
Aug 200421,33042.375.55$7,467
Jul 200451,16738.286.08$7,292
Jun 200421,28436.106.43$8,332
May 200441,25637.486.49$8,307
Apr 200421,23434.475.86$7,298
Mar 200421,35434.365.53$7,557
Feb 200441,26132.455.51$7,077
Jan 200451,39732.036.30$8,961
Dec 200341,43130.266.30$9,139
Nov 200331,36328.804.60$6,350
Oct 200321,48328.174.76$7,115
Sep 200351,31226.314.75$6,363
Aug 200331,44629.765.13$7,507
Jul 200331,42429.415.17$7,452
Jun 200321,43328.565.98$8,631
May 200341,53926.595.97$9,298
Apr 200331,33126.675.41$7,277
Mar 200351,52431.146.10$9,446
Feb 200351,18133.487.93$9,528
Jan 200331,42530.315.58$8,045
Dec 200251,41126.914.85$6,983
Nov 200251,34024.664.14$5,667
Oct 200231,51126.464.23$6,470
Sep 200241,44627.443.64$5,366
Aug 200231,26525.963.16$4,081
Jul 200201,60624.583.06$4,917
Jun 200201,30923.733.34$4,370
May 200201,47924.663.58$5,301
Apr 200201,45623.653.51$5,114
Mar 200201,60522.003.10$4,980
Feb 200201,21418.222.38$2,884
Jan 200201,61617.172.38$3,839
Dec 200101,63616.932.36$3,868
Nov 200101,65418.072.41$3,979
Oct 200101,68319.782.53$4,256
Sep 200101,56624.262.25$3,526
Aug 200101,74724.873.05$5,334
Jul 200101,57923.933.20$5,048
Jun 200101,58724.563.82$6,069
May 200101,76825.524.31$7,615
Apr 2001351,70924.685.34$9,982
Mar 200101,73424.545.38$9,323
Feb 20010027.755.77$0
Jan 200101,63927.478.40$13,766
Dec 200001,84326.889.12$16,813
Nov 200001,62232.215.66$9,177
Oct 200031,86831.235.15$9,705
Sep 200001,91131.875.19$9,911
Aug 200001,89629.644.54$8,609
Jul 200001,91728.534.09$7,840
Jun 200001,67629.304.40$7,370
May 200002,24227.263.68$8,250
Apr 200001,99024.513.12$6,201
Mar 200002,30928.422.86$6,603
Feb 200002,41127.622.73$6,574
Jan 200002,36525.272.48$5,866
Dec 199902,41624.282.42$5,856
Nov 199902,41423.192.43$5,876
Oct 199902,84220.982.80$7,968
Sep 199902,98621.752.62$7,820
Aug 199902,66519.262.88$7,663
Jul 199902,61417.892.37$6,201
Jun 199902,41515.942.36$5,704
May 199902,36815.792.32$5,496
Apr 199902,33515.102.21$5,156
Mar 199903,12912.471.84$5,752
Feb 199903,1059.981.82$5,644
Jan 1999132,86110.381.90$5,571
Dec 199802,8769.201.77$5,100
Nov 199802,63210.892.19$5,753
Oct 199802,89012.421.97$5,691
Sep 199802,75312.592.08$5,733
Aug 199803,48311.301.91$6,643
Jul 199803,48611.742.24$7,799
Jun 199803,25311.242.24$7,278
May 199803,52512.622.21$7,777
Apr 199803,17713.042.51$7,959
Mar 199803,64512.802.31$8,418
Feb 199802,45813.952.30$5,651
Jan 199802,72814.702.15$5,878
Dec 199703,10916.322.41$7,496
Nov 199702,57018.193.09$7,937
Oct 199702,69119.253.15$8,476
Sep 199702,68717.742.95$7,940
Aug 199702,85617.862.55$7,296
Jul 199703,82117.582.25$8,586
Jun 199703,82117.242.26$8,625
May 199712,93518.972.31$6,794
Apr 199704,16817.882.08$8,681
Mar 199712,01718.951.94$3,930
Feb 199703,16520.492.21$6,982
Jan 199703,79523.483.54$13,433
Dec 199602,54823.32$0
Nov 199603,03521.97$0
Oct 199602,54023.31$0
Sep 199602,92722.22$0
Aug 1996082420.26$0
Jul 199602,57719.55$0
Jun 199602,45118.73$0
May 199602,91319.43$0
Apr 199602,15221.51$0
Mar 199602,12519.38$0
Feb 199602,42416.98$0
Jan 199602,38417.07$0
Dec 199503,31517.19$0
Nov 1995181,94316.00$288
Oct 199512,13015.43$15
Sep 199503,64116.18$0
Aug 19951263,85215.92$2,006
Jul 1995073615.24$0
Jun 199502,81516.41$0
May 199503,78117.56$0
Apr 199502,56817.73$0
Mar 199502,50316.44$0
Feb 199503,69716.58$0
Jan 199501,98815.92$0
Dec 199402,72515.03$0
Nov 199404,06715.90$0
Oct 199404,87715.58$0
Sep 199404,65015.29$0
Aug 199404,44916.13$0
Jul 199404,22017.56$0
Jun 199404,80417.09$0
May 199423,54115.88$32
Apr 1994534,92514.14$749
Mar 199406,40012.46$0
Feb 199405,33312.50$0
Jan 19941075,91712.66$1,355
Dec 199304,90812.33$0
Nov 199305,49514.49$0
Oct 199305,15415.85$0
Sep 199304,93115.03$0
Aug 199305,84715.66$0
Jul 19931266,73715.46$1,948
Jun 199308,22216.79$0
May 199307,40117.68$0
Apr 199317,51018.05$18
Mar 199317,36718.14$18
Feb 199305,55317.90$0
Jan 199304,10616.93$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             2 bbl  × $106.41 =       $213
Gas                  278 Mcf  × $  3.05 =       $847

────────────────────────────────────────────────────
Month total                                   $1,060

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/129142 is the state's own key, not one this site invented.