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 129191District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$5.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$126 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
CondensateDisposition2,553 bbl$131,528
GasProduction1,925,029 Mcf$5,406,547
Total$5,538,075

660,874 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 27.3310, -99.4159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33097, -99.41590 · 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
Nov 1988
1 of 1 wells

1 well

42-47934724258,500 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 2026121,874106.413.05$6,985
Apr 2026112,56598.932.87$8,449
Mar 2026112,16789.753.15$7,812
Feb 202601,93863.503.75$7,268
Jan 2026112,68359.138.00$22,109
Dec 2025102,97656.664.41$13,701
Nov 2025112,69558.593.93$11,226
Oct 2025113,00159.383.30$10,571
Sep 2025112,77562.743.08$9,229
Aug 2025102,70063.933.01$8,779
Jul 2025102,84366.743.32$10,093
Jun 2025112,77666.483.13$9,417
May 2025112,83660.553.23$9,833
Apr 2025112,78362.363.54$10,546
Mar 2025122,79667.704.27$12,747
Feb 2025122,67770.884.34$12,471
Jan 2025123,31374.324.28$15,067
Dec 2024231,99268.993.12$7,805
Nov 202473,03069.052.20$7,145
Oct 202472,96771.372.28$7,269
Sep 202472,37769.612.36$6,107
Aug 2024152,69175.632.06$6,688
Jul 202482,88879.932.15$6,839
Jun 2024142,67878.082.63$8,147
May 202482,62578.812.20$6,401
Apr 2024182,60884.451.66$5,847
Mar 202492,76680.301.55$4,997
Feb 202482,52176.091.78$5,105
Jan 202482,60673.023.30$9,178
Dec 2023142,57871.262.61$7,728
Nov 202382,50677.892.81$7,659
Oct 202382,30285.443.09$7,790
Sep 2023182,64489.042.74$8,834
Aug 202393,18980.522.67$9,248
Jul 2023183,49274.852.64$10,572
Jun 2023103,29068.962.26$8,120
May 2023233,54970.622.23$9,529
Apr 2023123,63778.122.24$9,076
Mar 2023123,89672.852.39$10,198
Feb 2023123,55975.112.47$9,677
Jan 2023134,23376.533.39$15,335
Dec 2022304,32876.415.73$27,088
Nov 2022124,15385.005.65$24,469
Oct 2022234,28787.185.86$27,143
Sep 2022114,32484.888.16$36,233
Aug 2022124,44894.529.13$41,732
Jul 2022124,065101.587.54$31,878
Jun 2022244,291115.097.98$36,992
May 2022144,095109.378.43$36,064
Apr 2022134,020104.226.84$28,842
Mar 2022244,673108.885.08$26,335
Feb 2022254,24791.054.86$22,912
Jan 2022114,82481.844.54$22,790
Dec 202174,22271.323.90$16,961
Nov 202102,36277.435.24$12,369
Oct 2021111,69979.795.71$10,586
Sep 202162,29069.865.35$12,673
Aug 2021152,53666.024.22$11,694
Jul 202162,13170.783.98$8,910
Jun 202172,24569.493.38$8,076
May 2021142,48163.483.02$8,376
Apr 2021132,41260.362.76$7,438
Mar 2021142,54161.302.72$7,762
Feb 202162,20157.805.55$12,558
Jan 202162,58250.412.81$7,559
Dec 202062,34744.642.68$6,547
Nov 2020152,69138.772.71$7,865
Oct 2020142,91436.972.48$7,740
Sep 2020142,76037.091.99$6,015
Aug 2020132,91039.982.39$7,460
Jul 202072,55038.371.83$4,923
Jun 2020142,81434.901.69$5,245
May 202073,09416.921.81$5,733
Apr 2020142,89814.751.80$5,436
Mar 2020112,96930.341.86$5,845
Feb 202032,58449.881.98$5,268
Jan 2020173657.252.09$1,599
Dec 2019121,87159.012.30$5,020
Nov 201972,48655.302.75$7,225
Oct 201962,82153.472.42$7,144
Sep 2019122,80355.052.66$8,109
Aug 201943,10253.112.30$7,361
Jul 201941,00556.272.46$2,697
Jun 201961,71352.782.49$4,584
May 2019132,69658.482.74$8,148
Apr 201962,36962.632.75$6,892
Mar 2019132,08156.803.06$7,111
Feb 201972,08150.852.79$6,167
Jan 2019112,61246.033.23$8,938
Dec 2018152,70646.594.19$12,025
Nov 201872,73652.934.24$11,964
Oct 201862,78461.443.40$9,829
Sep 2018182,67459.543.11$9,383
Aug 201803,08759.403.07$9,466
Jul 2018132,68565.142.93$8,719
Jun 201862,57460.183.08$8,281
May 201802,51765.382.90$7,301
Apr 201802,60063.842.90$7,542
Mar 201813,14961.222.79$8,837
Feb 201812,79661.782.77$7,796
Jan 201803,31962.874.01$13,307
Dec 201703,66957.272.92$10,719
Nov 201703,34655.423.12$10,434
Oct 201703,32849.292.98$9,930
Sep 201703,46747.523.09$10,704
Aug 201703,63645.373.00$10,924
Jul 201703,54143.873.09$10,932
Jun 201703,43042.493.09$10,589
May 201703,50245.373.26$11,428
Apr 201703,43547.933.21$11,032
Mar 201704,25846.772.98$12,705
Feb 201704,73150.452.95$13,969
Jan 201701,50449.413.42$5,142
Dec 201601,61348.763.72$6,005
Nov 201601,56942.492.64$4,149
Oct 201601,63446.193.09$5,049
Sep 201601,77941.553.10$5,516
Aug 201602,24041.442.92$6,551
Jul 201601,54641.622.92$4,521
Jun 201601,58645.352.69$4,260
May 201601,54042.521.99$3,066
Apr 201601,37836.561.99$2,744
Mar 201601,50733.011.79$2,704
Feb 201631,46926.472.06$3,111
Jan 201601,63027.352.36$3,854
Dec 201501,39132.362.00$2,784
Nov 201501,42238.792.17$3,082
Oct 201501,47743.552.43$3,584
Sep 201501,45842.992.76$4,022
Aug 201501,62840.162.87$4,676
Jul 201501,68648.152.95$4,965
Jun 201501,49856.152.88$4,319
May 201501,68055.212.96$4,965
Apr 201501,56649.822.71$4,238
Mar 201501,52742.892.93$4,481
Feb 201501,47644.662.98$4,393
Jan 201501,55543.433.10$4,821
Dec 201401,61354.693.59$5,793
Nov 201401,48370.464.25$6,305
Oct 201401,68078.303.90$6,554
Sep 201401,60486.164.05$6,489
Aug 201401,67389.394.04$6,751
Jul 201401,77996.564.18$7,436
Jun 201401,68698.164.74$7,986
May 201401,71594.734.73$8,106
Apr 201401,61895.944.81$7,781
Mar 201405,99195.895.06$30,295
Feb 201405,58897.406.19$34,601
Jan 201407,14490.404.86$34,725
Dec 201306,98491.824.35$30,412
Nov 201306,25688.853.74$23,387
Oct 201302,78697.423.78$10,529
Sep 201303,330104.113.72$12,380
Aug 201309,914104.253.52$34,923
Jul 201303,945102.523.72$14,666
Jun 201301,80394.403.93$7,092
May 201301,79894.834.15$7,460
Apr 201301,49093.964.28$6,381
Mar 201301,85393.623.91$7,251
Feb 201302,57591.233.42$8,806
Jan 201301,75691.603.42$6,005
Dec 201201,95786.773.42$6,693
Nov 201202,11886.953.62$7,678
Oct 201201,83489.383.40$6,235
Sep 201201,86894.672.92$5,452
Aug 201201,84892.662.91$5,374
Jul 201201785.133.02$51
Jun 201221,96579.822.52$5,110
May 201201,92691.612.49$4,793
Apr 201201,931101.652.00$3,856
Mar 201251,959105.052.22$4,878
Feb 201201,757101.102.57$4,516
Jan 201202,04298.092.73$5,583
Dec 201102,07996.873.24$6,735
Nov 201102,06195.723.31$6,825
Oct 201102,03584.983.65$7,425
Sep 201101,81983.623.99$7,250
Aug 201101,94683.404.15$8,075
Jul 201102,04694.144.52$9,242
Jun 201101,82992.904.64$8,486
May 201101,92298.134.40$8,466
Apr 201101,737105.964.33$7,527
Mar 201101,80496.364.06$7,319
Feb 201131,65385.644.18$7,166
Jan 201101,76286.504.59$8,085
Dec 201001,80985.734.35$7,865
Nov 201002,00180.843.80$7,594
Oct 201001,96578.103.51$6,895
Sep 201001,76672.633.98$7,028
Aug 201001,74773.684.42$7,721
Jul 201001,96072.554.74$9,284
Jun 201002,11370.364.91$10,376
May 201002,18071.124.24$9,233
Apr 201002,26181.694.12$9,321
Mar 201002,31778.394.39$10,169
Feb 201001,66773.585.44$9,072
Jan 201002,27274.365.96$13,550
Dec 200902,16771.445.48$11,883
Nov 200901,74574.593.75$6,546
Oct 200902,69272.544.11$11,065
Sep 200933,01065.543.06$9,422
Aug 200933,37167.423.22$11,052
Jul 200933,23661.133.46$11,395
Jun 200933,35766.163.90$13,274
May 2009123,19354.743.93$13,192
Apr 200963,16346.773.59$11,628
Mar 200963,50142.144.06$14,463
Feb 200933,18232.814.63$14,841
Jan 200933,31235.865.37$17,896
Dec 200883,31337.105.98$20,099
Nov 200863,15355.496.86$21,964
Oct 200833,12475.246.92$21,850
Sep 200863,135101.767.88$25,305
Aug 200853,358114.228.48$29,057
Jul 200862,986131.0811.39$34,795
Jun 200873,088131.3313.03$41,164
May 200853,207123.1711.57$37,735
Apr 200823,330110.3110.45$35,035
Mar 200853,238101.909.66$31,802
Feb 200843,15192.538.77$28,006
Jan 200863,34490.388.21$27,982
Dec 200743,29588.337.30$24,413
Nov 200703,09791.677.29$22,582
Oct 2007183,44482.856.92$25,331
Sep 200703,17975.846.24$19,850
Aug 200773,27569.066.39$21,404
Jul 200743,34570.906.39$21,651
Jun 200773,16262.007.55$24,302
May 200763,31958.747.85$26,394
Apr 2007123,28659.617.81$26,363
Mar 200773,46856.927.30$25,722
Feb 200742,97455.108.22$24,655
Jan 200773,55350.306.73$24,253
Dec 2006123,63756.656.92$25,842
Nov 200673,32254.207.62$25,685
Oct 200633,70054.906.01$22,416
Sep 2006143,54160.085.04$18,678
Aug 200663,47168.717.34$25,889
Jul 200673,66069.376.34$23,700
Jun 200673,59666.286.38$23,420
May 2006103,74666.016.42$24,728
Apr 2006103,69964.397.36$27,870
Mar 2006194,01856.707.08$29,536
Feb 2006203,78357.597.75$30,474
Jan 2006224,03460.598.93$37,370
Dec 200584,88854.9413.42$66,014
Nov 2005153,93654.6910.59$42,496
Oct 2005113,85658.3413.80$53,838
Sep 200584,23561.4512.08$51,646
Aug 2005245,04861.519.80$50,931
Jul 200595,29255.697.84$42,010
Jun 2005145,73452.337.38$43,056
May 2005106,26645.226.65$42,128
Apr 2005305,98249.207.36$45,506
Mar 2005144,31350.377.15$31,564
Feb 2005244,21045.226.31$27,658
Jan 2005116,19943.166.32$39,666
Dec 2004335,07539.866.75$35,577
Nov 200463,39845.286.33$21,782
Oct 200483,79949.706.52$25,148
Sep 2004133,01743.245.28$16,504
Aug 200463,82342.375.55$21,474
Jul 200484,03838.286.08$24,874
Jun 200473,58436.106.43$23,309
May 20041734,21937.486.49$33,885
Apr 200474,99334.475.86$29,493
Mar 2004164,41734.365.53$24,976
Feb 200493,85832.455.51$21,548
Jan 2004224,34032.036.30$28,045
Dec 2003216,62130.266.30$42,359
Nov 2003105,18928.804.60$24,132
Oct 2003144,27328.174.76$20,732
Sep 200393,25926.314.75$15,715
Aug 200384,24029.765.13$21,988
Jul 200353,73629.415.17$19,465
Jun 200332,14428.565.98$12,913
May 2003122,55826.595.97$15,597
Apr 200362,45226.675.41$13,419
Mar 2003243,33431.146.10$21,072
Feb 2003153,47733.487.93$28,060
Jan 2003153,25130.315.58$18,602
Dec 2002184,00626.914.85$19,929
Nov 2002163,50324.664.14$14,886
Oct 200283,31226.464.23$14,219
Sep 2002113,67327.443.64$13,654
Aug 2002114,05925.963.16$13,129
Jul 200204,21024.583.06$12,890
Jun 200204,22523.733.34$14,104
May 200204,32424.663.58$15,497
Apr 200204,21423.653.51$14,801
Mar 200204,71522.003.10$14,629
Feb 200204,11918.222.38$9,785
Jan 200204,72417.172.38$11,223
Dec 200105,31416.932.36$12,564
Nov 200105,28518.072.41$12,713
Oct 2001604,99019.782.53$13,806
Sep 200104,93824.262.25$11,117
Aug 200105,24424.873.05$16,011
Jul 200105,35923.933.20$17,133
Jun 200105,13524.563.82$19,637
May 200106,39325.524.31$27,537
Apr 200105,03424.685.34$26,858
Mar 200105,57424.545.38$29,968
Feb 200105,74427.755.77$33,126
Jan 200106,79127.478.40$57,036
Dec 200006,07826.889.12$55,447
Nov 200007,13632.215.66$40,375
Oct 200006,60931.235.15$34,007
Sep 200005,86831.875.19$30,434
Aug 200007,09429.644.54$32,212
Jul 200006,60728.534.09$27,021
Jun 200006,75329.304.40$29,695
May 200007,38427.263.68$27,171
Apr 200006,83824.513.12$21,307
Mar 200007,57628.422.86$21,665
Feb 200006,17227.622.73$16,828
Jan 200006,96025.272.48$17,264
Dec 199909,01924.282.42$21,860
Nov 199909,01223.192.43$21,935
Oct 199909,79520.982.80$27,462
Sep 199909,43821.752.62$24,717
Aug 1999010,96419.262.88$31,528
Jul 1999011,40417.892.37$27,055
Jun 199906,11815.942.36$14,451
May 199904,25615.792.32$9,878
Apr 199904,36215.102.21$9,632
Mar 199905,33412.471.84$9,806
Feb 199905,7909.981.82$10,525
Jan 1999254,89610.381.90$9,562
Dec 199805,0839.201.77$9,014
Nov 199805,29010.892.19$11,562
Oct 199805,87012.421.97$11,559
Sep 199805,77812.592.08$12,033
Aug 199805,83511.301.91$11,129
Jul 199805,30011.742.24$11,858
Jun 199805,84411.242.24$13,075
May 199805,75512.622.21$12,697
Apr 199806,26913.042.51$15,706
Mar 199806,34212.802.31$14,646
Feb 199805,29313.952.30$12,169
Jan 199806,37514.702.15$13,737
Dec 199705,75216.322.41$13,869
Nov 199705,82418.193.09$17,986
Oct 199705,49719.253.15$17,315
Sep 1997355,22917.742.95$16,072
Aug 199706,63517.862.55$16,951
Jul 199707,85717.582.25$17,654
Jun 199707,85717.242.26$17,735
May 199707,34118.972.31$16,947
Apr 199707,47517.882.08$15,569
Mar 199717,51018.951.94$14,582
Feb 199707,05520.492.21$15,563
Jan 199707,97523.483.54$28,229
Dec 199609,61323.32$0
Nov 1996013,07721.97$0
Oct 1996011,84123.31$0
Sep 199606,83322.22$0
Aug 199607,21220.26$0
Jul 199607,96119.55$0
Jun 199617,23318.73$19
May 199608,63219.43$0
Apr 199609,66421.51$0
Mar 1996015,00519.38$0
Feb 1996012,69116.98$0
Jan 1996111,57817.07$17
Dec 199509,28617.19$0
Nov 1995011,85816.00$0
Oct 199517,29115.43$15
Sep 1995010,33816.18$0
Aug 19953911,56215.92$621
Jul 1995011,51115.24$0
Jun 1995013,37616.41$0
May 1995011,84917.56$0
Apr 1995010,61517.73$0
Mar 1995012,72216.44$0
Feb 1995010,26816.58$0
Jan 1995013,74115.92$0
Dec 1994013,07015.03$0
Nov 1994014,94815.90$0
Oct 1994216,72615.58$31
Sep 1994012,11415.29$0
Aug 1994012,36016.13$0
Jul 1994014,29617.56$0
Jun 1994011,82517.09$0
May 1994113,06615.88$16
Apr 1994115,51714.14$14
Mar 19945411,87012.46$673
Feb 1994113,81912.50$13
Jan 1994117,27012.66$13
Dec 1993214,78212.33$25
Nov 199314014,61214.49$2,029
Oct 1993117,50915.85$16
Sep 1993014,64115.03$0
Aug 1993120,63015.66$16
Jul 1993020,22715.46$0
Jun 1993021,40916.79$0
May 1993022,13817.68$0
Apr 1993123,47218.05$18
Mar 1993122,46118.14$18
Feb 19939224,91617.90$1,647
Jan 1993021,43916.93$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            12 bbl  × $106.41 =     $1,277
Gas                1,874 Mcf  × $  3.05 =     $5,708

────────────────────────────────────────────────────
Month total                                   $6,985

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/129191 is the state's own key, not one this site invented.