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 129652District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$45 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
CondensateDisposition5,480 bbl$128,919
GasProduction2,051,159 Mcf$3,867,659
Total$3,996,579

998,522 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 27.3542, -99.4403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35421, -99.44035 · 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
8,502 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 8,502 ft.

Completions filed
Jan 1989
1 of 1 wells

1 well

42-47934759328,502 ftJan 1989

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 20264825106.413.05$2,938
Apr 2026490898.932.87$3,001
Mar 2026477889.753.15$2,809
Feb 2026074063.503.75$2,775
Jan 2026491559.138.00$7,555
Dec 2025499156.664.41$4,600
Nov 2025496958.593.93$4,039
Oct 2025498459.383.30$3,489
Sep 2025496162.743.08$3,208
Aug 2025498563.933.01$3,225
Jul 202541,02666.743.32$3,668
Jun 2025498766.483.13$3,354
May 202541,05460.553.23$3,649
Apr 2025490362.363.54$3,449
Mar 2025498267.704.27$4,462
Feb 2025496970.884.34$4,490
Jan 202541,15574.324.28$5,239
Dec 2024869368.993.12$2,715
Nov 2024390669.052.20$2,199
Oct 2024397371.372.28$2,434
Sep 2024399669.612.36$2,564
Aug 202471,11775.632.06$2,834
Jul 202441,22079.932.15$2,939
Jun 202461,14378.082.63$3,479
May 202431,14378.812.20$2,749
Apr 202471,00084.451.66$2,250
Mar 2024399780.301.55$1,781
Feb 2024387176.091.78$1,782
Jan 2024399973.023.30$3,513
Dec 2023697171.262.61$2,963
Nov 202331,00077.892.81$3,041
Oct 202331,05485.443.09$3,510
Sep 202371,06189.042.74$3,525
Aug 202341,04480.522.67$3,113
Jul 202371,14274.852.64$3,541
Jun 202341,12468.962.26$2,814
May 202371,16370.622.23$3,085
Apr 202341,15678.122.24$2,899
Mar 202341,14872.852.39$3,039
Feb 202341,01075.112.47$2,791
Jan 202331,14576.533.39$4,109
Dec 202281,04776.415.73$6,610
Nov 202231,04585.005.65$6,155
Oct 202261,09387.185.86$6,932
Sep 202231,10184.888.16$9,243
Aug 202231,17794.529.13$11,026
Jul 202231,151101.587.54$8,986
Jun 202261,049115.097.98$9,059
May 202241,161109.378.43$10,228
Apr 202241,159104.226.84$8,342
Mar 202271,252108.885.08$7,118
Feb 202271,16491.054.86$6,293
Jan 202231,26681.844.54$5,990
Dec 202131,25571.323.90$5,107
Nov 2021091977.435.24$4,813
Oct 2021887279.795.71$5,621
Sep 202141,19369.865.35$6,663
Aug 202181,31466.024.22$6,074
Jul 202141,17670.783.98$4,966
Jun 202141,23069.493.38$4,436
May 202171,29663.483.02$4,355
Apr 202161,17760.362.76$3,609
Mar 202161,20961.302.72$3,653
Feb 2021399757.805.55$5,705
Jan 202131,22450.412.81$3,591
Dec 202031,23644.642.68$3,441
Nov 202071,28238.772.71$3,741
Oct 202071,31936.972.48$3,528
Sep 202061,28437.091.99$2,779
Aug 202071,33039.982.39$3,452
Jul 202031,28038.371.83$2,451
Jun 202061,23834.901.69$2,302
May 202031,31116.921.81$2,430
Apr 202061,24414.751.80$2,333
Mar 202061,24830.341.86$2,499
Feb 202071,16849.881.98$2,663
Jan 202031,29057.252.09$2,874
Dec 201981,34059.012.30$3,560
Nov 201931,30655.302.75$3,758
Oct 201931,33253.472.42$3,382
Sep 201961,33555.052.66$3,878
Aug 201971,36453.112.30$3,515
Jul 201931,34556.272.46$3,478
Jun 201931,29752.782.49$3,389
May 201971,30158.482.74$3,975
Apr 201931,18362.632.75$3,442
Mar 201971,28956.803.06$4,345
Feb 201931,19450.852.79$3,486
Jan 201951,28646.033.23$4,382
Dec 201861,30646.594.19$5,746
Nov 201831,14152.934.24$4,993
Oct 201831,25161.443.40$4,435
Sep 201891,24759.543.11$4,412
Aug 201801,29159.403.07$3,959
Jul 201861,28965.142.93$4,170
Jun 201831,27960.183.08$4,116
May 201801,31965.382.90$3,826
Apr 201801,37163.842.90$3,977
Mar 201801,36061.222.79$3,790
Feb 201801,24961.782.77$3,455
Jan 201801,41562.874.01$5,673
Dec 201701,49457.272.92$4,365
Nov 201701,49955.423.12$4,674
Oct 201701,60049.292.98$4,774
Sep 201701,67247.523.09$5,162
Aug 201701,63345.373.00$4,906
Jul 201701,66743.873.09$5,147
Jun 201701,55442.493.09$4,798
May 201701,47645.373.26$4,817
Apr 201701,51347.933.21$4,859
Mar 201701,58546.772.98$4,729
Feb 201701,14550.452.95$3,381
Jan 201701,56649.413.42$5,354
Dec 201601,56948.763.72$5,841
Nov 201601,54142.492.64$4,075
Oct 201601,68546.193.09$5,207
Sep 201601,55241.553.10$4,812
Aug 201601,58741.442.92$4,641
Jul 201601,31741.622.92$3,851
Jun 201601,64745.352.69$4,424
May 201601,72542.521.99$3,435
Apr 201601,57636.561.99$3,138
Mar 201601,53233.011.79$2,748
Feb 201631,41226.472.06$2,993
Jan 201601,56727.352.36$3,705
Dec 201501,73032.362.00$3,462
Nov 201501,59238.792.17$3,450
Oct 201501,76243.552.43$4,276
Sep 201501,75142.992.76$4,830
Aug 201501,85540.162.87$5,328
Jul 201501,67848.152.95$4,942
Jun 201501,38656.152.88$3,996
May 201501,59355.212.96$4,708
Apr 201501,50149.822.71$4,063
Mar 201501,69142.892.93$4,963
Feb 201501,48144.662.98$4,408
Jan 201501,38443.433.10$4,291
Dec 201401,72554.693.59$6,195
Nov 201401,63370.464.25$6,943
Oct 201401,67078.303.90$6,515
Sep 201401,60386.164.05$6,485
Aug 201401,57289.394.04$6,343
Jul 201401,66996.564.18$6,976
Jun 201401,62698.164.74$7,702
May 201401,63994.734.73$7,747
Apr 201401,47495.944.81$7,089
Mar 201401,55095.895.06$7,838
Feb 201401,38897.406.19$8,595
Jan 201401,54990.404.86$7,529
Dec 201301,60491.824.35$6,985
Nov 201301,57088.853.74$5,869
Oct 201301,68797.423.78$6,376
Sep 201301,703104.113.72$6,331
Aug 201301,371104.253.52$4,830
Jul 201301,764102.523.72$6,558
Jun 201301,50794.403.93$5,928
May 201301,68594.834.15$6,991
Apr 201301,70093.964.28$7,280
Mar 201301,73793.623.91$6,797
Feb 201301,28991.233.42$4,408
Jan 201301,68891.603.42$5,773
Dec 201201,83786.773.42$6,283
Nov 201201,97686.953.62$7,163
Oct 201201,70189.383.40$5,783
Sep 201201,75094.672.92$5,107
Aug 201201,80992.662.91$5,261
Jul 201201785.133.02$51
Jun 201221,79279.822.52$4,674
May 201201,82391.612.49$4,536
Apr 201201,849101.652.00$3,692
Mar 201201,841105.052.22$4,091
Feb 201201,737101.102.57$4,465
Jan 201201,84398.092.73$5,039
Dec 201101,96496.873.24$6,363
Nov 201101,82495.723.31$6,040
Oct 201101,94384.983.65$7,089
Sep 201101,68383.623.99$6,708
Aug 201101,90083.404.15$7,884
Jul 201131,67794.144.52$7,858
Jun 201101,59292.904.64$7,387
May 201101,60698.134.40$7,074
Apr 201101,457105.964.33$6,314
Mar 201101,78596.364.06$7,242
Feb 201121,54185.644.18$6,613
Jan 201101,65786.504.59$7,604
Dec 201001,69985.734.35$7,387
Nov 201001,66880.843.80$6,331
Oct 201001,82178.103.51$6,390
Sep 201001,73972.633.98$6,920
Aug 201001,89473.684.42$8,370
Jul 201001,82572.554.74$8,644
Jun 201001,83370.364.91$9,001
May 201001,82671.124.24$7,734
Apr 201001,62381.694.12$6,691
Mar 201001,75078.394.39$7,680
Feb 201001,61773.585.44$8,800
Jan 201001,72674.365.96$10,294
Dec 200901,64171.445.48$8,999
Nov 200902,21474.593.75$8,306
Oct 200901,66872.544.11$6,856
Sep 200921,78965.543.06$5,614
Aug 200921,69367.423.22$5,584
Jul 200921,77261.133.46$6,261
Jun 200911,54266.163.90$6,072
May 200931,59354.743.93$6,418
Apr 200921,27846.773.59$4,678
Mar 200921,26742.144.06$5,227
Feb 200911,08732.814.63$5,069
Jan 200911,02835.865.37$5,557
Dec 200831,06837.105.98$6,495
Nov 200821,00755.496.86$7,019
Oct 2008198275.246.92$6,873
Sep 20082958101.767.88$7,750
Aug 200821,026114.228.48$8,932
Jul 200811,133131.0811.39$13,035
Jun 200831,113131.3313.03$14,899
May 200821,289123.1711.57$15,166
Apr 200811,251110.3110.45$13,189
Mar 200821,224101.909.66$12,033
Feb 200821,21192.538.77$10,806
Jan 200811,25990.388.21$10,421
Dec 200721,27988.337.30$9,516
Nov 200701,21891.677.29$8,881
Oct 200741,16782.856.92$8,409
Sep 200701,13875.846.24$7,106
Aug 200731,23969.066.39$8,122
Jul 200711,36770.906.39$8,803
Jun 200731,26962.007.55$9,765
May 200731,47958.747.85$11,781
Apr 200741,47659.617.81$11,759
Mar 200731,56756.927.30$11,613
Feb 200721,30955.108.22$10,865
Jan 200731,43650.306.73$9,811
Dec 200621,70856.656.92$11,930
Nov 200631,58854.207.62$12,259
Oct 200641,53354.906.01$9,439
Sep 200631,57860.085.04$8,129
Aug 200631,66968.717.34$12,456
Jul 200631,62969.376.34$10,540
Jun 200631,64866.286.38$10,719
May 200651,77766.016.42$11,747
Apr 200651,73864.397.36$13,114
Mar 200651,85956.707.08$13,451
Feb 200651,66957.597.75$13,225
Jan 200671,85060.598.93$16,951
Dec 200531,80054.9413.42$24,313
Nov 200531,82154.6910.59$19,446
Oct 200572,02858.3413.80$28,386
Sep 200531,56061.4512.08$19,028
Aug 200581,97061.519.80$19,792
Jul 200562,00255.697.84$16,037
Jun 200551,98952.337.38$14,943
May 200562,00645.226.65$13,614
Apr 2005111,95249.207.36$14,909
Mar 200572,24050.377.15$16,380
Feb 200542,02645.226.31$12,969
Jan 2005102,33043.166.32$15,162
Dec 2004432,07339.866.75$15,709
Nov 200461,78545.286.33$11,571
Oct 200452,29049.706.52$15,168
Sep 200442,05643.245.28$11,037
Aug 200432,24242.375.55$12,572
Jul 200481,90438.286.08$11,891
Jun 200442,30736.106.43$14,985
May 200472,30337.486.49$15,219
Apr 200442,27934.475.86$13,489
Mar 200442,51234.365.53$14,029
Feb 200481,82932.455.51$10,337
Jan 2004153,57332.036.30$22,989
Dec 200394,54030.266.30$28,882
Nov 200362,92128.804.60$13,595
Oct 200352,81828.174.76$13,554
Sep 2003153,77726.314.75$18,333
Aug 200374,22429.765.13$21,876
Jul 200353,10829.415.17$16,218
Jun 200332,50628.565.98$15,079
May 20031062,33426.595.97$16,759
Apr 200362,49226.675.41$13,635
Mar 2003122,83231.146.10$17,638
Feb 2003163,87533.487.93$31,248
Jan 2003114,69130.315.58$26,519
Dec 2002174,81226.914.85$23,814
Nov 2002175,16924.664.14$21,803
Oct 2002125,32226.464.23$22,825
Sep 2002165,48727.443.64$20,385
Aug 2002145,37525.963.16$17,371
Jul 200205,85224.583.06$17,917
Jun 200205,35723.733.34$17,883
May 200205,64824.663.58$20,242
Apr 200204,69123.653.51$16,476
Mar 200205,62822.003.10$17,462
Feb 200205,59518.222.38$13,292
Jan 200205,76617.172.38$13,698
Dec 200106,78116.932.36$16,033
Nov 200106,12318.072.41$14,729
Oct 200105,86019.782.53$14,819
Sep 200106,23224.262.25$14,030
Aug 200105,96524.873.05$18,212
Jul 200106,23523.933.20$19,934
Jun 200106,40824.563.82$24,505
May 200106,47025.524.31$27,868
Apr 200106,46024.685.34$34,466
Mar 200107,75024.545.38$41,667
Feb 20010027.755.77$0
Jan 200107,31027.478.40$61,395
Dec 200008,16326.889.12$74,467
Nov 200007,45832.215.66$42,197
Oct 20001557,63831.235.15$44,142
Sep 200006,93731.875.19$35,979
Aug 200007,92229.644.54$35,972
Jul 200008,24728.534.09$33,728
Jun 200007,90829.304.40$34,773
May 200008,62827.263.68$31,749
Apr 200007,97024.513.12$24,835
Mar 200008,65928.422.86$24,763
Feb 200008,12527.622.73$22,153
Jan 200009,82525.272.48$24,371
Dec 199909,41024.282.42$22,807
Nov 199909,43923.192.43$22,974
Oct 199919,15520.982.80$25,689
Sep 199909,08721.752.62$23,797
Aug 199909,43419.262.88$27,128
Jul 199909,94117.892.37$23,584
Jun 199905,51815.942.36$13,034
May 199904,76415.792.32$11,057
Apr 199904,67315.102.21$10,318
Mar 199905,20012.471.84$9,559
Feb 199905,9229.981.82$10,765
Jan 199905,02210.381.90$9,542
Dec 199806,6749.201.77$11,835
Nov 199808,84810.892.19$19,339
Oct 199809,55412.421.97$18,814
Sep 1998010,19812.592.08$21,239
Aug 1998010,31611.301.91$19,676
Jul 19981549,61111.742.24$23,310
Jun 199809,98811.242.24$22,346
May 1998010,82412.622.21$23,881
Apr 1998010,03513.042.51$25,141
Mar 1998010,12412.802.31$23,381
Feb 1998010,17413.952.30$23,391
Jan 1998011,68114.702.15$25,170
Dec 1997311,07016.322.41$26,740
Nov 199715212,30418.193.09$40,763
Oct 1997014,45319.253.15$45,524
Sep 1997013,96817.742.95$41,274
Aug 1997014,14717.862.55$36,142
Jul 1997014,91817.582.25$33,520
Jun 199714914,91817.242.26$36,242
May 1997015,11618.972.31$34,895
Apr 1997016,55417.882.08$34,478
Mar 1997119,04618.951.94$36,952
Feb 199715316,69820.492.21$39,969
Jan 1997019,19823.483.54$67,955
Dec 1996120,76723.32$23
Nov 199614220,23421.97$3,120
Oct 199609,69023.31$0
Sep 1996013,18922.22$0
Aug 1996011,55920.26$0
Jul 1996011,95419.55$0
Jun 1996010,65018.73$0
May 1996012,76019.43$0
Apr 199614414,15321.51$3,097
Mar 1996015,36019.38$0
Feb 1996413,38916.98$68
Jan 1996113,32017.07$17
Dec 199517115,97417.19$2,939
Nov 1995013,09816.00$0
Oct 1995316,48815.43$46
Sep 1995017,77316.18$0
Aug 199511518,49615.92$1,831
Jul 1995013,24115.24$0
Jun 19951657,79716.41$2,708
May 1995014,70517.56$0
Apr 1995012,41117.73$0
Mar 1995015,65116.44$0
Feb 199515515,78516.58$2,570
Jan 1995021,16415.92$0
Dec 199412321,52515.03$1,849
Nov 199414118,46215.90$2,242
Oct 1994019,64715.58$0
Sep 199413019,58415.29$1,988
Aug 1994021,00416.13$0
Jul 199412721,89717.56$2,230
Jun 19949917,06517.09$1,692
May 1994216,30115.88$32
Apr 1994018,91214.14$0
Mar 199410122,50312.46$1,258
Feb 199422722,76012.50$2,838
Jan 199411326,87912.66$1,431
Dec 199310126,80312.33$1,245
Nov 19936429,50314.49$927
Oct 199316930,70315.85$2,679
Sep 199316430,00115.03$2,465
Aug 1993033,50815.66$0
Jul 199317634,64615.46$2,721
Jun 199330735,58116.79$5,155
May 1993137,74517.68$18
Apr 199317938,43118.05$3,231
Mar 199324345,21718.14$4,408
Feb 199314929,47517.90$2,667
Jan 199317230,76216.93$2,912

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             4 bbl  × $106.41 =       $426
Gas                  825 Mcf  × $  3.05 =     $2,513

────────────────────────────────────────────────────
Month total                                   $2,938

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/129652 is the state's own key, not one this site invented.