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 130315District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$965 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 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
High Cost Gas112002-10-16149355
NGPA2none

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
CondensateDisposition195 bbl$10,232
GasProduction335,005 Mcf$955,028
Total$965,260

82,066 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 27.3483, -99.4301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34833, -99.43006 · 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
8,626 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 8,626 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-47934782278,626 ftMar 1998

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 2026177106.413.05$341
Apr 202618298.932.87$334
Mar 202607889.753.15$246
Feb 202606963.503.75$259
Jan 202607759.138.00$616
Dec 202518456.664.41$427
Nov 202509758.593.93$381
Oct 202509959.383.30$327
Sep 202509162.743.08$280
Aug 202509763.933.01$292
Jul 202509966.743.32$328
Jun 202507766.483.13$241
May 202507960.553.23$255
Apr 202518162.363.54$349
Mar 202508767.704.27$371
Feb 2025010270.884.34$443
Jan 2025010674.324.28$454
Dec 202418568.993.12$334
Nov 2024010169.052.20$222
Oct 2024011471.372.28$260
Sep 2024010669.612.36$251
Aug 2024110675.632.06$294
Jul 2024010879.932.15$232
Jun 2024110878.082.63$363
May 2024010678.812.20$233
Apr 202419884.451.66$247
Mar 202409180.301.55$141
Feb 202405976.091.78$105
Jan 202406173.023.30$201
Dec 202307771.262.61$201
Nov 202308177.892.81$227
Oct 202305385.443.09$164
Sep 202305889.042.74$159
Aug 202307580.522.67$200
Jul 202318274.852.64$291
Jun 202308868.962.26$199
May 202307270.622.23$160
Apr 202308078.122.24$179
Mar 202303072.852.39$72
Feb 202306075.112.47$148
Jan 202307876.533.39$264
Dec 202204776.415.73$269
Nov 202207785.005.65$435
Oct 202219087.185.86$615
Sep 202207984.888.16$645
Aug 202208194.529.13$739
Jul 20220113101.587.54$852
Jun 2022178115.097.98$737
May 20221232109.378.43$2,066
Apr 20220148104.226.84$1,012
Mar 2022199108.885.08$611
Feb 2022116891.054.86$907
Jan 2022114581.844.54$740
Dec 2021015371.323.90$597
Nov 202108677.435.24$450
Oct 202119979.795.71$645
Sep 2021016269.865.35$867
Aug 2021124566.024.22$1,100
Jul 2021115270.783.98$676
Jun 2021124469.493.38$894
May 2021228063.483.02$972
Apr 2021229060.362.76$921
Mar 2021230461.302.72$949
Feb 2021125957.805.55$1,495
Jan 2021129150.412.81$868
Dec 2020127944.642.68$791
Nov 2020227738.772.71$827
Oct 2020127236.972.48$711
Sep 2020126537.091.99$565
Aug 2020125439.982.39$646
Jul 2020126838.371.83$528
Jun 2020125334.901.69$463
May 2020126116.921.81$491
Apr 2020127314.751.80$507
Mar 2020127830.341.86$546
Feb 2020122949.881.98$503
Jan 2020126257.252.09$606
Dec 2019226259.012.30$722
Nov 2019127355.302.75$806
Oct 2019127753.472.42$723
Sep 2019127155.052.66$775
Aug 2019227753.112.30$745
Jul 2019127756.272.46$738
Jun 2019127452.782.49$735
May 2019128058.482.74$826
Apr 2019126062.632.75$778
Mar 2019126256.803.06$859
Feb 2019020550.852.79$572
Jan 2019117646.033.23$614
Dec 2018113746.594.19$620
Nov 2018018052.934.24$763
Oct 2018015761.443.40$534
Sep 2018120359.543.11$690
Aug 2018011459.403.07$350
Jul 201804765.142.93$138
Jun 201802860.183.08$86
May 201804565.382.90$131
Apr 201805663.842.90$162
Mar 201805461.222.79$150
Feb 201805361.782.77$147
Jan 201806462.874.01$257
Dec 201705057.272.92$146
Nov 201704255.423.12$131
Oct 201705549.292.98$164
Sep 201706247.523.09$191
Aug 201705845.373.00$174
Jul 201706343.873.09$195
Jun 201705642.493.09$173
May 201708545.373.26$277
Apr 201709547.933.21$305
Mar 201708946.772.98$266
Feb 201706850.452.95$201
Jan 201708749.413.42$297
Dec 201602948.763.72$108
Nov 20160042.492.64$0
Oct 201604746.193.09$145
Sep 201608841.553.10$273
Aug 2016010441.442.92$304
Jul 2016020741.622.92$605
Jun 2016025545.352.69$685
May 2016025942.521.99$516
Apr 2016021036.561.99$418
Mar 201608533.011.79$152
Feb 20161126.472.06$29
Jan 20160027.352.36$0
Dec 20150432.362.00$8
Nov 20150038.792.17$0
Oct 201504543.552.43$109
Sep 201502242.992.76$61
Aug 201505840.162.87$167
Jul 2015021848.152.95$642
Jun 2015049856.152.88$1,436
May 2015041955.212.96$1,238
Apr 2015021249.822.71$574
Mar 2015032642.892.93$957
Feb 2015047044.662.98$1,399
Jan 2015046443.433.10$1,439
Dec 2014056854.693.59$2,040
Nov 2014056270.464.25$2,390
Oct 2014064978.303.90$2,532
Sep 2014062186.164.05$2,512
Aug 2014066189.394.04$2,667
Jul 2014072296.564.18$3,018
Jun 2014079898.164.74$3,780
May 2014079694.734.73$3,762
Apr 2014070995.944.81$3,410
Mar 2014021595.895.06$1,087
Feb 2014018897.406.19$1,164
Jan 2014021590.404.86$1,045
Dec 2013020691.824.35$897
Nov 2013017788.853.74$662
Oct 2013024597.423.78$926
Sep 20130458104.113.72$1,703
Aug 20130253104.253.52$891
Jul 20130344102.523.72$1,279
Jun 2013023794.403.93$932
May 2013011894.834.15$490
Apr 201308393.964.28$355
Mar 2013020893.623.91$814
Feb 2013012791.233.42$434
Jan 2013021391.603.42$728
Dec 2012016586.773.42$564
Nov 2012039586.953.62$1,432
Oct 2012055889.383.40$1,897
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20121079.822.52$80
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20120306105.052.22$680
Feb 20120483101.102.57$1,241
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011023784.983.65$865
Sep 20110083.623.99$0
Aug 2011052283.404.15$2,166
Jul 2011120294.144.52$1,007
Jun 2011025992.904.64$1,202
May 2011031498.134.40$1,383
Apr 20110147105.964.33$637
Mar 2011031996.364.06$1,294
Feb 2011030885.644.18$1,287
Jan 2011041086.504.59$1,881
Dec 2010034385.734.35$1,491
Nov 2010033480.843.80$1,268
Oct 2010017478.103.51$611
Sep 2010010672.633.98$422
Aug 2010032973.684.42$1,454
Jul 2010029072.554.74$1,374
Jun 2010032670.364.91$1,601
May 2010034671.124.24$1,465
Apr 2010028581.694.12$1,175
Mar 2010026978.394.39$1,181
Feb 201004773.585.44$256
Jan 2010027174.365.96$1,616
Dec 2009021971.445.48$1,201
Nov 200903474.593.75$128
Oct 2009020772.544.11$851
Sep 2009022765.543.06$696
Aug 2009029167.423.22$937
Jul 2009034861.133.46$1,206
Jun 2009047866.163.90$1,862
May 2009146354.743.93$1,872
Apr 2009139646.773.59$1,467
Mar 2009151242.144.06$2,120
Feb 2009044032.814.63$2,039
Jan 2009155035.865.37$2,990
Dec 2008260637.105.98$3,696
Nov 2008158355.496.86$4,055
Oct 2008049875.246.92$3,447
Sep 20081531101.767.88$4,284
Aug 20081372114.228.48$3,270
Jul 20081637131.0811.39$7,386
Jun 20082681131.3313.03$9,138
May 20081668123.1711.57$7,855
Apr 20081783110.3110.45$8,296
Mar 20081732101.909.66$7,176
Feb 2008169492.538.77$6,179
Jan 2008181490.388.21$6,770
Dec 2007182288.337.30$6,091
Nov 2007084791.677.29$6,176
Oct 2007298382.856.92$6,970
Sep 2007045375.846.24$2,829
Aug 2007166669.066.39$4,323
Jul 2007157370.906.39$3,731
Jun 2007273162.007.55$5,642
May 2007296058.747.85$7,650
Apr 2007278959.617.81$6,278
Mar 2007159256.927.30$4,380
Feb 2007166555.108.22$5,519
Jan 2007299650.306.73$6,801
Dec 200611,00756.656.92$7,024
Nov 2006191454.207.62$7,017
Oct 2006146554.906.01$2,851
Sep 2006136660.085.04$1,904
Aug 2006129368.717.34$2,219
Jul 2006162469.376.34$4,027
Jun 2006168666.286.38$4,446
May 2006263966.016.42$4,238
Apr 2006159464.397.36$4,437
Mar 2006142056.707.08$3,032
Feb 2006249157.597.75$3,921
Jan 2006369660.598.93$6,399
Dec 2005195054.9413.42$12,800
Nov 2005157854.6910.59$6,175
Oct 2005235258.3413.80$4,973
Sep 2005155261.4512.08$6,729
Aug 2005498861.519.80$9,925
Jul 2005398355.697.84$7,877
Jun 200531,07552.337.38$8,092
May 2005289645.226.65$6,050
Apr 2005353449.207.36$4,078
Mar 2005252450.377.15$3,850
Feb 2005252745.226.31$3,417
Jan 200541,05043.166.32$6,811
Dec 2004298339.866.75$6,716
Nov 2004177945.286.33$4,977
Oct 2004137749.706.52$2,506
Sep 2004136343.245.28$1,961
Aug 2004159042.375.55$3,317
Jul 2004280638.286.08$4,980
Jun 2004155836.106.43$3,626
May 2004273737.486.49$4,861
Apr 2004170734.475.86$4,176
Mar 2004188334.365.53$4,917
Feb 2004258932.455.51$3,310
Jan 2004349332.036.30$3,202
Dec 200311,28430.266.30$8,122
Nov 2003136028.804.60$1,683
Oct 2003165528.174.76$3,146
Sep 2003388326.314.75$4,273
Aug 200311,02229.765.13$5,272
Jul 2003254129.415.17$2,856
Jun 2003199528.565.98$5,982
May 2003379526.595.97$4,828
Apr 2003295426.675.41$5,212
Mar 2003388431.146.10$5,482
Feb 2003596933.487.93$7,848
Jan 200331,39830.315.58$7,895
Dec 200231,00426.914.85$4,954
Nov 2002388324.664.14$3,727
Oct 2002294626.464.23$4,054
Sep 2002283227.443.64$3,079
Aug 2002151425.963.16$1,652
Jul 2002094424.583.06$2,890
Jun 2002060123.733.34$2,006
May 2002056724.663.58$2,032
Apr 2002051523.653.51$1,809
Mar 2002073022.003.10$2,265
Feb 2002080218.222.38$1,905
Jan 2002082217.172.38$1,953
Dec 200101,14416.932.36$2,705
Nov 200101,03118.072.41$2,480
Oct 2001067819.782.53$1,715
Sep 200101,10424.262.25$2,485
Aug 200101,20524.873.05$3,679
Jul 200101,12323.933.20$3,590
Jun 2001064124.563.82$2,451
May 200101,40425.524.31$6,047
Apr 2001089524.685.34$4,775
Mar 200101,01624.545.38$5,462
Feb 20010027.755.77$0
Jan 200101,21227.478.40$10,179
Dec 200001,58426.889.12$14,450
Nov 200001,31132.215.66$7,418
Oct 200001,03731.235.15$5,336
Sep 2000094231.875.19$4,886
Aug 200001,02929.644.54$4,672
Jul 200001,19928.534.09$4,904
Jun 200001,52729.304.40$6,715
May 200001,42627.263.68$5,247
Apr 200001,69424.513.12$5,279
Mar 200001,12728.422.86$3,223
Feb 200001,50627.622.73$4,106
Jan 200001,56625.272.48$3,884
Dec 199901,59524.282.42$3,866
Nov 199901,69323.192.43$4,121
Oct 199901,29920.982.80$3,642
Sep 199901,61021.752.62$4,216
Aug 199901,47919.262.88$4,253
Jul 199901,54217.892.37$3,658
Jun 199901,64515.942.36$3,886
May 199902,30615.792.32$5,352
Apr 199903,05615.102.21$6,748
Mar 199903,07212.471.84$5,647
Feb 199903,6289.981.82$6,595
Jan 199903,92610.381.90$7,459
Dec 199803,7789.201.77$6,700
Nov 199804,91410.892.19$10,741
Oct 199805,46312.421.97$10,758
Sep 199804,93812.592.08$10,284
Aug 199806,84411.301.91$13,054
Jul 199808,18611.742.24$18,314
Jun 199809,26311.242.24$20,724
May 1998012,08112.622.21$26,655
Apr 1998014,11313.042.51$35,358
Mar 1998097512.802.31$2,252
Feb 199801,62813.952.30$3,743
Jan 199802,64014.702.15$5,689
Dec 199702,68616.322.41$6,476
Nov 199702,03018.193.09$6,269
Oct 199702,49519.253.15$7,859
Sep 199702,72217.742.95$8,043
Aug 199701,70017.862.55$4,343
Jul 199701,45017.582.25$3,258
Jun 199701,45017.242.26$3,273
May 199701,63218.972.31$3,767
Apr 199701,30317.882.08$2,714
Mar 199701,67418.951.94$3,246
Feb 199701,41820.492.21$3,128
Jan 199701,76123.483.54$6,233
Dec 199601,74323.32$0
Nov 199601,78921.97$0
Oct 199601,16223.31$0
Sep 199601,42722.22$0
Aug 199601,37620.26$0
Jul 199601,73219.55$0
Jun 199601,22018.73$0
May 199601,31319.43$0
Apr 199601,56621.51$0
Mar 199601,65219.38$0
Feb 199601,26116.98$0
Jan 1996085917.07$0
Dec 199501,17317.19$0
Nov 199501,52616.00$0
Oct 199511,68215.43$15
Sep 199501,44316.18$0
Aug 199501,73215.92$0
Jul 199501,77615.24$0
Jun 199501,18616.41$0
May 199501,28217.56$0
Apr 199501,43217.73$0
Mar 199501,34716.44$0
Feb 199501,13816.58$0
Jan 199501,47215.92$0
Dec 199401,92715.03$0
Nov 199401,81215.90$0
Oct 199401,80915.58$0
Sep 199401,93415.29$0
Aug 199402,29416.13$0
Jul 199401,56117.56$0
Jun 199401,41417.09$0
May 199402,04715.88$0
Apr 199401,43114.14$0
Mar 199401,80912.46$0
Feb 199411,74112.50$13
Jan 199411,92912.66$13
Dec 199311,92012.33$12
Nov 199312,07214.49$14
Oct 199301,73915.85$0
Sep 199311,95815.03$15
Aug 199301,86515.66$0
Jul 199301,94915.46$0
Jun 199302,96516.79$0
May 199302,90317.68$0
Apr 199302,25118.05$0
Mar 199302,37318.14$0
Feb 199302,25617.90$0
Jan 199301,81816.93$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             1 bbl  × $106.41 =       $106
Gas                   77 Mcf  × $  3.05 =       $235

────────────────────────────────────────────────────
Month total                                     $341

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/130315 is the state's own key, not one this site invented.