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 129192District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition2,609 bbl$62,025
GasProduction1,167,944 Mcf$2,709,514
Total$2,771,539

496,499 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 27.3465, -99.4256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34648, -99.42557 · 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.

1 well

42-47934727248,500 ft

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202352570.622.23$409
Apr 2023248778.122.24$1,246
Mar 2023258372.852.39$1,541
Feb 2023255775.112.47$1,524
Jan 2023266176.533.39$2,392
Dec 2022468876.415.73$4,247
Nov 2022263585.005.65$3,755
Oct 2022455187.185.86$3,580
Sep 2022258784.888.16$4,962
Aug 2022170994.529.13$6,566
Jul 20221384101.587.54$2,998
Jun 202231,092115.097.98$9,056
May 20221678109.378.43$5,827
Apr 20220232104.226.84$1,586
Mar 20220231108.885.08$1,173
Feb 2022111591.054.86$650
Jan 2022123181.844.54$1,130
Dec 2021126271.323.90$1,093
Nov 2021031377.435.24$1,639
Oct 2021117379.795.71$1,068
Sep 2021122969.865.35$1,295
Aug 2021129066.024.22$1,290
Jul 2021131370.783.98$1,317
Jun 2021128169.493.38$1,019
May 2021250463.483.02$1,648
Apr 2021233560.362.76$1,045
Mar 2021242661.302.72$1,280
Feb 2021134257.805.55$1,955
Jan 2021139950.412.81$1,172
Dec 2020138944.642.68$1,085
Nov 2020240238.772.71$1,166
Oct 2020238536.972.48$1,028
Sep 2020237937.091.99$829
Aug 2020238939.982.39$1,008
Jul 2020139338.371.83$756
Jun 2020242434.901.69$786
May 2020138716.921.81$719
Apr 2020244114.751.80$825
Mar 2020243330.341.86$864
Feb 2020234549.881.98$783
Jan 2020146757.252.09$1,035
Dec 2019344859.012.30$1,209
Nov 2019141855.302.75$1,205
Oct 2019136353.472.42$931
Sep 2019137455.052.66$1,049
Aug 2019235153.112.30$915
Jul 2019138656.272.46$1,006
Jun 2019139252.782.49$1,029
May 2019241358.482.74$1,249
Apr 2019137262.632.75$1,086
Mar 2019335056.803.06$1,242
Feb 2019239650.852.79$1,207
Jan 2019244746.033.23$1,535
Dec 2018250346.594.19$2,198
Nov 2018148652.934.24$2,112
Oct 2018152961.443.40$1,859
Sep 2018455659.543.11$1,966
Aug 2018080059.403.07$2,453
Jul 2018380465.142.93$2,553
Jun 2018253060.183.08$1,751
May 2018075865.382.90$2,199
Apr 2018073063.842.90$2,118
Mar 2018074561.222.79$2,076
Feb 2018086461.782.77$2,390
Jan 2018080262.874.01$3,215
Dec 2017077757.272.92$2,270
Nov 201701,00655.423.12$3,137
Oct 2017097549.292.98$2,909
Sep 2017067647.523.09$2,087
Aug 2017072745.373.00$2,184
Jul 2017071543.873.09$2,207
Jun 2017069842.493.09$2,155
May 2017072345.373.26$2,359
Apr 2017081647.933.21$2,621
Mar 2017079046.772.98$2,357
Feb 2017080450.452.95$2,374
Jan 2017093549.413.42$3,197
Dec 2016094148.763.72$3,503
Nov 2016084842.492.64$2,242
Oct 2016084746.193.09$2,617
Sep 201601,01641.553.10$3,150
Aug 201601,35841.442.92$3,971
Jul 2016073641.622.92$2,152
Jun 2016077345.352.69$2,076
May 2016087242.521.99$1,736
Apr 201601,03336.561.99$2,057
Mar 2016094533.011.79$1,695
Feb 2016289126.472.06$1,892
Jan 2016098927.352.36$2,338
Dec 201501,06432.362.00$2,130
Nov 201501,14838.792.17$2,488
Oct 201501,33143.552.43$3,230
Sep 201501,22742.992.76$3,385
Aug 201501,22140.162.87$3,507
Jul 201501,09748.152.95$3,231
Jun 201501,43856.152.88$4,146
May 2015094355.212.96$2,787
Apr 2015086249.822.71$2,333
Mar 2015087642.892.93$2,571
Feb 2015083744.662.98$2,491
Jan 201501,17143.433.10$3,631
Dec 201401,12954.693.59$4,055
Nov 201401,12370.464.25$4,775
Oct 201401,31878.303.90$5,141
Sep 201401,44386.164.05$5,838
Aug 201401,43189.394.04$5,774
Jul 201401,62996.564.18$6,809
Jun 201401,69298.164.74$8,015
May 201401,74194.734.73$8,229
Apr 201401,50395.944.81$7,228
Mar 201401,73595.895.06$8,774
Feb 201401,52497.406.19$9,437
Jan 201402,02090.404.86$9,819
Dec 201302,14891.824.35$9,353
Nov 201301,07488.853.74$4,015
Oct 201301,38697.423.78$5,238
Sep 201301,525104.113.72$5,670
Aug 201301,430104.253.52$5,037
Jul 201301,568102.523.72$5,829
Jun 201301,79094.403.93$7,041
May 201301,96794.834.15$8,161
Apr 201301,99393.964.28$8,535
Mar 201301,58793.623.91$6,210
Feb 201301,01891.233.42$3,481
Jan 201301,38591.603.42$4,737
Dec 201201,62186.773.42$5,544
Nov 201201,81186.953.62$6,565
Oct 201201,53889.383.40$5,229
Sep 201201,69994.672.92$4,958
Aug 201201,73892.662.91$5,054
Jul 201201485.133.02$42
Jun 201221,54079.822.52$4,039
May 201201,62691.612.49$4,046
Apr 201201,388101.652.00$2,772
Mar 201201,568105.052.22$3,484
Feb 201201,533101.102.57$3,940
Jan 201201,62998.092.73$4,454
Dec 201101,59396.873.24$5,161
Nov 201101,66295.723.31$5,503
Oct 201101,71284.983.65$6,246
Sep 201101,43183.623.99$5,704
Aug 201102,01183.404.15$8,344
Jul 201131,72894.144.52$8,088
Jun 201101,64092.904.64$7,609
May 201101,58898.134.40$6,995
Apr 201101,519105.964.33$6,582
Mar 201101,64196.364.06$6,658
Feb 201121,43785.644.18$6,178
Jan 201101,58686.504.59$7,278
Dec 201001,37685.734.35$5,983
Nov 201001,19680.843.80$4,539
Oct 201001,54978.103.51$5,435
Sep 201001,39772.633.98$5,559
Aug 201001,02373.684.42$4,521
Jul 2010085572.554.74$4,050
Jun 201001,20770.364.91$5,927
May 201001,76671.124.24$7,479
Apr 2010083981.694.12$3,459
Mar 2010070878.394.39$3,107
Feb 2010066873.585.44$3,636
Jan 201001,14974.365.96$6,853
Dec 2009098571.445.48$5,401
Nov 200902,16674.593.75$8,126
Oct 200901,81772.544.11$7,468
Sep 200921,70965.543.06$5,369
Aug 200921,75967.423.22$5,796
Jul 200921,95961.133.46$6,909
Jun 200921,96066.163.90$7,767
May 200942,14854.743.93$8,651
Apr 200942,13246.773.59$7,836
Mar 200942,34942.144.06$9,703
Feb 200922,24432.814.63$10,462
Jan 200932,55335.865.37$13,820
Dec 200842,68937.105.98$16,221
Nov 200852,66855.496.86$18,581
Oct 200832,63075.246.92$18,431
Sep 200852,750101.767.88$22,171
Aug 200852,853114.228.48$24,773
Jul 200822,624131.0811.39$30,148
Jun 200852,122131.3313.03$28,312
May 200831,929123.1711.57$22,696
Apr 200811,454110.3110.45$15,312
Mar 200821,137101.909.66$11,192
Feb 200811,03792.538.77$9,188
Jan 200811,12390.388.21$9,305
Dec 200721,10488.337.30$8,238
Nov 200701,08991.677.29$7,941
Oct 200731,09282.856.92$7,807
Sep 2007090475.846.24$5,645
Aug 2007282569.066.39$5,408
Jul 2007193670.906.39$6,050
Jun 200731,14662.007.55$8,837
May 200731,37458.747.85$10,957
Apr 200741,24059.617.81$9,917
Mar 200731,14156.927.30$8,502
Feb 200721,48155.108.22$12,278
Jan 200731,53450.306.73$10,470
Dec 200621,66656.656.92$11,639
Nov 200641,75054.207.62$13,547
Oct 200641,77854.906.01$10,912
Sep 200631,51360.085.04$7,802
Aug 200631,83568.717.34$13,675
Jul 200631,95169.376.34$12,583
Jun 200631,53766.286.38$10,011
May 200641,42366.016.42$9,407
Apr 200651,31264.397.36$9,979
Mar 200651,96556.707.08$14,201
Feb 200661,75457.597.75$13,941
Jan 200682,22360.598.93$20,343
Dec 200541,68654.9413.42$22,838
Nov 200552,82454.6910.59$30,175
Oct 200562,17158.3413.80$30,301
Sep 2005192261.4512.08$11,198
Aug 2005226361.519.80$2,700
Jul 2005533455.697.84$2,898
Jun 200551,84952.337.38$13,909
May 200572,48145.226.65$16,818
Apr 2005112,44049.207.36$18,501
Mar 200551,97150.377.15$14,354
Feb 200531,28545.226.31$8,246
Jan 200591,90043.166.32$12,401
Dec 2004152,04739.866.75$14,417
Nov 2004112,35545.286.33$15,406
Oct 2004114,15349.706.52$27,604
Sep 200454,43443.245.28$23,645
Aug 200453,18342.375.55$17,880
Jul 2004103,61938.286.08$22,401
Jun 200452,20436.106.43$14,359
May 200472,86537.486.49$18,869
Apr 2004792,14334.475.86$15,278
Mar 200431,51834.365.53$8,498
Feb 200471,95432.455.51$10,993
Jan 200492,63532.036.30$16,888
Dec 200332,10730.266.30$13,368
Nov 2003291828.804.60$4,276
Oct 2003289228.174.76$4,302
Sep 200341,09226.314.75$5,292
Aug 2003296629.765.13$5,015
Jul 200321,02729.415.17$5,369
Jun 200321,03528.565.98$6,249
May 200341,35726.595.97$8,211
Apr 200331,35426.675.41$7,401
Mar 200351,43331.146.10$8,891
Feb 200361,37233.487.93$11,075
Jan 200331,57930.315.58$8,905
Dec 200261,26326.914.85$6,292
Nov 200292,33824.664.14$9,894
Oct 200283,43826.464.23$14,751
Sep 2002103,76227.443.64$13,950
Aug 200272,76925.963.16$8,943
Jul 200203,18824.583.06$9,761
Jun 200202,38823.733.34$7,972
May 200202,92124.663.58$10,469
Apr 200202,35423.653.51$8,268
Mar 200202,58222.003.10$8,011
Feb 200203,13618.222.38$7,450
Jan 200203,77517.172.38$8,968
Dec 200103,66116.932.36$8,656
Nov 200103,29918.072.41$7,936
Oct 200104,35519.782.53$11,013
Sep 200104,20624.262.25$9,469
Aug 200104,12324.873.05$12,588
Jul 20011104,52323.933.20$17,093
Jun 200104,08024.563.82$15,603
May 200104,41725.524.31$19,025
Apr 200104,44124.685.34$23,694
Mar 200104,43524.545.38$23,845
Feb 200104,45027.755.77$25,664
Jan 200104,53927.478.40$38,122
Dec 200004,67926.889.12$42,684
Nov 200005,07032.215.66$28,686
Oct 200005,09031.235.15$26,191
Sep 200004,48831.875.19$23,277
Aug 200005,01829.644.54$22,785
Jul 200005,27928.534.09$21,590
Jun 200005,23329.304.40$23,011
May 200005,67327.263.68$20,875
Apr 200005,40724.513.12$16,848
Mar 200006,06828.422.86$17,353
Feb 200005,64527.622.73$15,391
Jan 200005,61825.272.48$13,935
Dec 199904,37524.282.42$10,604
Nov 199904,80723.192.43$11,700
Oct 199903,45920.982.80$9,698
Sep 199903,92021.752.62$10,266
Aug 199904,22419.262.88$12,147
Jul 199904,52617.892.37$10,737
Jun 199903,80315.942.36$8,983
May 19991494,35215.792.32$12,454
Apr 199904,73815.102.21$10,462
Mar 199905,47712.471.84$10,069
Feb 199905,5589.981.82$10,103
Jan 199904,86710.381.90$9,247
Dec 199805,3409.201.77$9,470
Nov 199805,54010.892.19$12,109
Oct 199806,22512.421.97$12,258
Sep 199806,90312.592.08$14,376
Aug 199807,07711.301.91$13,498
Jul 199806,50511.742.24$14,553
Jun 199806,33811.242.24$14,180
May 199806,19412.622.21$13,666
Apr 199806,04413.042.51$15,142
Mar 199807,53712.802.31$17,406
Feb 199806,95913.952.30$16,000
Jan 199809,52914.702.15$20,533
Dec 1997948,92416.322.41$23,051
Nov 1997109,31918.193.09$28,961
Oct 1997011,04319.253.15$34,783
Sep 1997012,24117.742.95$36,171
Aug 199711514,13817.862.55$38,173
Jul 199732,61817.582.25$5,935
Jun 199702,61817.242.26$5,909
May 199705,55118.972.31$12,814
Apr 199705,36717.882.08$11,178
Mar 199725,65918.951.94$11,011
Feb 199714,24220.492.21$9,378
Jan 199703,76423.483.54$13,323
Dec 199603,80423.32$0
Nov 199603,52921.97$0
Oct 199603,52123.31$0
Sep 199602,99622.22$0
Aug 199603,41720.26$0
Jul 199625,33819.55$39
Jun 199607,72718.73$0
May 1996778,17019.43$1,496
Apr 199617,70221.51$22
Mar 199606,62319.38$0
Feb 199603,67216.98$0
Jan 199628,29517.07$34
Dec 199507,96617.19$0
Nov 199519,77416.00$16
Oct 199529,20015.43$31
Sep 199508,66116.18$0
Aug 199506,98115.92$0
Jul 199507,84215.24$0
Jun 19951599,39216.41$2,609
May 1995011,43817.56$0
Apr 199505,20017.73$0
Mar 199506,13616.44$0
Feb 199508,08016.58$0
Jan 19951099,57215.92$1,735
Dec 1994011,06315.03$0
Nov 1994010,47015.90$0
Oct 1994011,01215.58$0
Sep 199412911,75015.29$1,972
Aug 1994010,13616.13$0
Jul 1994011,30617.56$0
Jun 1994969,07817.09$1,641
May 199419,83715.88$16
Apr 1994010,71314.14$0
Mar 19945411,43212.46$673
Feb 19946612,41512.50$825
Jan 199412312,71712.66$1,557
Dec 1993013,09212.33$0
Nov 19935516,53114.49$797
Oct 199316315,31015.85$2,584
Sep 1993010,66715.03$0
Aug 1993013,97915.66$0
Jul 199317117,46415.46$2,644
Jun 1993018,94016.79$0
May 199317420,72717.68$3,076
Apr 1993121,59518.05$18
Mar 199318425,82218.14$3,338
Feb 1993013,74217.90$0
Jan 1993011,66516.93$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 2023 — as filed, then multipliedworked
Condensate             5 bbl  × $ 70.62 =       $353
Gas                   25 Mcf  × $  2.23 =        $56

────────────────────────────────────────────────────
Month total                                     $409

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/129192 is the state's own key, not one this site invented.