HEREFORD, L.M.

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 130730District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$7.8 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
CondensateDisposition10,683 bbl$250,751
GasProduction2,748,199 Mcf$7,567,693
Total$7,818,443

1,001,971 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 27.3513, -99.3994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35133, -99.39942 · 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
8,450 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 8,450 ft.

Completions filed
May 1989
1 of 1 wells

1 well

42-47934837348,450 ftMay 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 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 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20203034.901.69$105
May 202071,03116.921.81$1,989
Apr 2020172,67814.751.80$5,083
Mar 2020173,07930.341.86$6,231
Feb 2020193,07549.881.98$7,038
Jan 202093,67957.252.09$8,222
Dec 2019203,42159.012.30$9,063
Nov 201982,90455.302.75$8,430
Oct 201963,22853.472.42$8,128
Sep 2019133,04255.052.66$8,799
Aug 2019173,33653.112.30$8,590
Jul 201973,30056.272.46$8,512
Jun 201993,20752.782.49$8,464
May 2019183,28258.482.74$10,046
Apr 201993,14062.632.75$9,201
Mar 2019183,43556.803.06$11,541
Feb 201993,04450.852.79$8,957
Jan 2019133,37046.033.23$11,477
Dec 2018173,18246.594.19$14,110
Nov 201872,92552.934.24$12,764
Oct 201883,06561.443.40$10,907
Sep 2018243,00159.543.11$10,756
Aug 201803,60659.403.07$11,058
Jul 2018143,59465.142.93$11,449
Jun 201883,02660.183.08$9,792
May 201802,90165.382.90$8,415
Apr 201803,25363.842.90$9,436
Mar 201813,57861.222.79$10,033
Feb 201803,04761.782.77$8,428
Jan 201803,50262.874.01$14,041
Dec 201703,29757.272.92$9,632
Nov 201703,05955.423.12$9,539
Oct 201703,04449.292.98$9,082
Sep 201703,09347.523.09$9,549
Aug 201703,01745.373.00$9,064
Jul 201702,82843.873.09$8,731
Jun 201702,96042.493.09$9,138
May 201702,99345.373.26$9,767
Apr 201703,08347.933.21$9,901
Mar 201703,12446.772.98$9,321
Feb 201702,80050.452.95$8,267
Jan 201702,90149.413.42$9,918
Dec 201603,02048.763.72$11,243
Nov 201603,12442.492.64$8,261
Oct 201603,27546.193.09$10,121
Sep 201602,90741.553.10$9,014
Aug 201603,10241.442.92$9,071
Jul 201602,59541.622.92$7,589
Jun 201603,18345.352.69$8,549
May 201603,38042.521.99$6,730
Apr 201603,10836.561.99$6,188
Mar 201603,31933.011.79$5,954
Feb 201602,80126.472.06$5,780
Jan 201603,10927.352.36$7,351
Dec 201502,99532.362.00$5,994
Nov 201503,25438.792.17$7,052
Oct 201503,40643.552.43$8,265
Sep 201503,07042.992.76$8,468
Aug 201503,23040.162.87$9,278
Jul 201502,97948.152.95$8,773
Jun 201503,03756.152.88$8,755
May 201503,01855.212.96$8,920
Apr 201503,09049.822.71$8,363
Mar 201503,39142.892.93$9,952
Feb 201502,67244.662.98$7,952
Jan 201503,39543.433.10$10,527
Dec 201403,08054.693.59$11,061
Nov 201403,07170.464.25$13,057
Oct 201402,96978.303.90$11,582
Sep 201402,73486.164.05$11,060
Aug 201403,01989.394.04$12,182
Jul 201402,74596.564.18$11,473
Jun 201403,45298.164.74$16,352
May 201403,48394.734.73$16,463
Apr 201403,52995.944.81$16,971
Mar 201403,36595.895.06$17,016
Feb 201403,56997.406.19$22,099
Jan 201404,34490.404.86$21,115
Dec 201303,84991.824.35$16,760
Nov 201303,90588.853.74$14,598
Oct 201301,62197.423.78$6,126
Sep 201303,715104.113.72$13,811
Aug 201306,397104.253.52$22,534
Jul 201303,808102.523.72$14,157
Jun 201303,90894.403.93$15,372
May 201303,81794.834.15$15,837
Apr 201303,56393.964.28$15,259
Mar 201303,95493.623.91$15,471
Feb 201305,12891.233.42$17,537
Jan 201304,66991.603.42$15,968
Dec 201203,86986.773.42$13,233
Nov 201203,45586.953.62$12,524
Oct 201203,07289.383.40$10,444
Sep 201203,09894.672.92$9,041
Aug 201204,02492.662.91$11,702
Jul 201203185.133.02$94
Jun 201203,60379.822.52$9,076
May 201204,02391.612.49$10,011
Apr 201203,560101.652.00$7,109
Mar 2012123,956105.052.22$10,051
Feb 201204,014101.102.57$10,317
Jan 201204,31198.092.73$11,787
Dec 201104,00896.873.24$12,985
Nov 201104,34995.723.31$14,401
Oct 201104,34684.983.65$15,857
Sep 201104,35583.623.99$17,358
Aug 201103,60883.404.15$14,971
Jul 201104,27194.144.52$19,293
Jun 201103,90792.904.64$18,128
May 201104,45898.134.40$19,637
Apr 201104,031105.964.33$17,467
Mar 201103,91296.364.06$15,872
Feb 201154,28285.644.18$18,327
Jan 201104,61386.504.59$21,168
Dec 201004,47685.734.35$19,461
Nov 201004,63380.843.80$17,584
Oct 201004,21978.103.51$14,804
Sep 201004,41072.633.98$17,549
Aug 201004,68473.684.42$20,700
Jul 201004,63372.554.74$21,944
Jun 201004,61370.364.91$22,652
May 201004,90971.124.24$20,791
Apr 201004,83181.694.12$19,917
Mar 201004,34778.394.39$19,078
Feb 201004,16073.585.44$22,640
Jan 201004,65874.365.96$27,781
Dec 200903,98971.445.48$21,875
Nov 200903,93774.593.75$14,770
Oct 200905,14872.544.11$21,160
Sep 200965,17965.543.06$16,266
Aug 200955,90067.423.22$19,326
Jul 200955,59261.133.46$19,679
Jun 200966,19166.163.90$24,511
May 2009215,82954.743.93$24,033
Apr 2009105,65746.773.59$20,762
Mar 200995,97542.144.06$24,632
Feb 200954,94032.814.63$23,051
Jan 200955,92935.865.37$32,024
Dec 2008145,30237.105.98$32,210
Nov 2008105,11055.496.86$35,611
Oct 200855,67375.246.92$39,645
Sep 2008105,480101.767.88$44,184
Aug 2008105,999114.228.48$52,032
Jul 2008125,897131.0811.39$68,736
Jun 2008135,546131.3313.03$73,986
May 200895,810123.1711.57$68,355
Apr 200855,628110.3110.45$59,392
Mar 200896,508101.909.66$63,811
Feb 2008106,20392.538.77$55,329
Jan 2008118,53290.388.21$71,005
Dec 200785,32288.337.30$39,568
Nov 200706,01591.677.29$43,860
Oct 2007346,49282.856.92$47,754
Sep 200705,91875.846.24$36,953
Aug 2007145,85469.066.39$38,362
Jul 200766,82970.906.39$44,049
Jun 2007125,28762.007.55$40,653
May 2007125,75258.747.85$45,837
Apr 2007246,34459.617.81$50,947
Mar 2007146,57256.927.30$48,785
Feb 200776,18355.108.22$51,185
Jan 2007137,24150.306.73$49,363
Dec 2006226,42856.656.92$45,718
Nov 2006126,77554.207.62$52,259
Oct 200666,07554.906.01$36,863
Sep 2006275,75260.085.04$30,596
Aug 2006127,18568.717.34$53,562
Jul 2006127,00969.376.34$45,289
Jun 2006126,51366.286.38$42,374
May 2006187,12166.016.42$46,941
Apr 2006176,16464.397.36$46,465
Mar 2006337,32456.707.08$53,746
Feb 2006336,08757.597.75$49,082
Jan 2006377,12660.598.93$65,901
Dec 2005127,14754.9413.42$96,539
Nov 2005256,79154.6910.59$73,273
Oct 2005197,59158.3413.80$105,832
Sep 2005125,71661.4512.08$69,781
Aug 2005327,31461.519.80$73,622
Jul 2005116,77355.697.84$53,738
Jun 2005187,35952.337.38$55,259
May 2005116,96545.226.65$46,823
Apr 2005437,15349.207.36$54,765
Mar 2005717,13950.377.15$54,655
Feb 2005326,98645.226.31$45,542
Jan 2005157,80143.166.32$49,967
Dec 20041357,73839.866.75$57,621
Nov 2004116,74845.286.33$43,216
Oct 2004177,26849.706.52$48,197
Sep 2004257,40343.245.28$40,198
Aug 2004106,76342.375.55$37,963
Jul 2004626,71538.286.08$43,229
Jun 2004136,77336.106.43$44,040
May 2004337,32737.486.49$48,823
Apr 2004117,20334.475.86$42,578
Mar 2004307,73234.365.53$43,790
Feb 20042167,51932.455.51$48,436
Jan 2004378,03132.036.30$51,778
Dec 20032258,26730.266.30$58,904
Nov 2003156,62728.804.60$30,884
Oct 2003277,90928.174.76$38,405
Sep 2003156,54026.314.75$31,455
Aug 2003137,04629.765.13$36,531
Jul 2003115,90829.415.17$30,873
Jun 20031955,59228.565.98$39,026
May 2003265,50826.595.97$33,589
Apr 2003125,36526.675.41$29,330
Mar 2003436,57431.146.10$41,414
Feb 2003315,48233.487.93$44,488
Jan 2003347,55730.315.58$43,214
Dec 2002337,12426.914.85$35,466
Nov 2002326,60924.664.14$28,130
Oct 2002166,94226.464.23$29,782
Sep 2002227,25927.443.64$26,992
Aug 2002197,34225.963.16$23,725
Jul 200206,40824.583.06$19,620
Jun 200207,83723.733.34$26,162
May 200207,86424.663.58$28,185
Apr 200207,78823.653.51$27,354
Mar 200207,83322.003.10$24,304
Feb 200207,31918.222.38$17,388
Jan 200208,32417.172.38$19,775
Dec 200108,10816.932.36$19,171
Nov 200109,10718.072.41$21,907
Oct 20011679,00219.782.53$26,068
Sep 200108,85124.262.25$19,926
Aug 200107,22124.873.05$22,047
Jul 2001010,96323.933.20$35,050
Jun 200109,33924.563.82$35,714
May 200108,04025.524.31$34,631
Apr 200108,43224.685.34$44,987
Mar 20011829,63824.545.38$56,284
Feb 200109,08627.755.77$52,400
Jan 2001010,25027.478.40$86,087
Dec 200009,85926.889.12$89,939
Nov 200009,45832.215.66$53,513
Oct 200009,98131.235.15$51,357
Sep 200009,39531.875.19$48,727
Aug 2000010,17929.644.54$46,220
Jul 2000010,43328.534.09$42,668
Jun 2000010,41529.304.40$45,797
May 2000010,63327.263.68$39,127
Apr 200019011,03124.513.12$39,030
Mar 2000011,24228.422.86$32,149
Feb 2000010,47127.622.73$28,549
Jan 2000010,68625.272.48$26,507
Dec 1999011,33824.282.42$27,480
Nov 1999011,30623.192.43$27,519
Oct 1999011,71220.982.80$32,837
Sep 1999010,86821.752.62$28,462
Aug 199918712,46219.262.88$39,437
Jul 1999011,60917.892.37$27,541
Jun 1999011,50715.942.36$27,181
May 1999011,59815.792.32$26,919
Apr 1999011,70615.102.21$25,847
Mar 1999012,02812.471.84$22,111
Feb 1999013,3199.981.82$24,211
Jan 199919012,45910.381.90$25,644
Dec 1998014,9859.201.77$26,573
Nov 1998011,16710.892.19$24,408
Oct 1998013,79312.421.97$27,161
Sep 1998010,49912.592.08$21,865
Aug 1998011,37211.301.91$21,690
Jul 1998012,10711.742.24$27,087
Jun 1998011,11311.242.24$24,863
May 1998011,02612.622.21$24,327
Apr 1998011,86813.042.51$29,733
Mar 1998012,38912.802.31$28,612
Feb 199817810,41813.952.30$26,435
Jan 199811312,18514.702.15$27,917
Dec 1997012,93116.322.41$31,178
Nov 19976913,35018.193.09$42,483
Oct 1997011,95619.253.15$37,659
Sep 199723911,84017.742.95$39,226
Aug 1997013,41517.862.55$34,272
Jul 1997014,19917.582.25$31,904
Jun 1997014,19917.242.26$32,050
May 1997113,48318.972.31$31,144
Apr 1997014,32617.882.08$29,838
Mar 199719815,78718.951.94$34,365
Feb 1997214,60720.492.21$32,263
Jan 1997016,16723.483.54$57,226
Dec 1996015,45723.32$0
Nov 199620115,69021.97$4,416
Oct 1996015,82923.31$0
Sep 1996016,83822.22$0
Aug 1996018,81920.26$0
Jul 1996015,34119.55$0
Jun 199619416,25318.73$3,634
May 1996017,20419.43$0
Apr 1996018,47021.51$0
Mar 199616419,00219.38$3,178
Feb 19968116,49716.98$1,375
Jan 1996018,14217.07$0
Dec 1995018,83917.19$0
Nov 199517417,16816.00$2,784
Oct 1995019,50815.43$0
Sep 199515518,27516.18$2,508
Aug 1995019,19815.92$0
Jul 199516720,20715.24$2,545
Jun 19952219,52416.41$361
May 199519021,23917.56$3,336
Apr 1995122,58117.73$18
Mar 199536820,24816.44$6,050
Feb 1995019,01616.58$0
Jan 199519119,78815.92$3,041
Dec 1994019,81315.03$0
Nov 199420321,59115.90$3,228
Oct 199419618,88515.58$3,054
Sep 199417320,46615.29$2,645
Aug 199418221,19316.13$2,936
Jul 199419022,72817.56$3,336
Jun 1994021,80417.09$0
May 199417723,16915.88$2,811
Apr 199417422,51114.14$2,460
Mar 199418924,17612.46$2,355
Feb 199435621,56612.50$4,450
Jan 199419922,32512.66$2,519
Dec 199317926,33412.33$2,207
Nov 199319421,90314.49$2,811
Oct 199320426,33515.85$3,233
Sep 199319923,62415.03$2,991
Aug 199319823,22615.66$3,101
Jul 199318424,37915.46$2,845
Jun 199319424,95316.79$3,257
May 199318825,64517.68$3,324
Apr 199318926,10418.05$3,411
Mar 199337527,30618.14$6,803
Feb 199317825,33317.90$3,186
Jan 199317827,46916.93$3,014

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.

Jun 2020 — as filed, then multipliedworked
Condensate             3 bbl  × $ 34.90 =       $105
Gas                    0 Mcf  × $  1.69 =         $0

────────────────────────────────────────────────────
Month total                                     $105

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/130730 is the state's own key, not one this site invented.