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 131214District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$35 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 Gas112001-08-20144470
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
CondensateDisposition1,992 bbl$55,381
GasProduction731,005 Mcf$1,681,348
Total$1,736,728

324,572 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 27.3506, -99.4350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35057, -99.43497 · 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
7,850 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 7,850 ft.

Completions filed
Jul 1989
1 of 1 wells

1 well

42-47934846357,850 ftJul 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 20263695106.413.05$2,436
Apr 2026375198.932.87$2,452
Mar 2026361689.753.15$2,209
Feb 2026058763.503.75$2,201
Jan 2026371259.138.00$5,872
Dec 2025376356.664.41$3,537
Nov 2025376558.593.93$3,180
Oct 2025382059.383.30$2,888
Sep 2025377962.743.08$2,585
Aug 2025374763.933.01$2,444
Jul 2025375766.743.32$2,710
Jun 2025372366.483.13$2,462
May 2025378460.553.23$2,716
Apr 2025376962.363.54$2,912
Mar 2025374367.704.27$3,374
Feb 2025372570.884.34$3,360
Jan 2025385874.324.28$3,894
Dec 2024762068.993.12$2,418
Nov 2024378369.052.20$1,929
Oct 2024383371.372.28$2,115
Sep 2024380269.612.36$2,105
Aug 2024585675.632.06$2,145
Jul 2024384979.932.15$2,062
Jun 2024578978.082.63$2,469
May 2024380378.812.20$2,002
Apr 2024580784.451.66$1,761
Mar 2024181780.301.55$1,343
Feb 2024279076.091.78$1,561
Jan 2024383673.023.30$2,976
Dec 2023578071.262.61$2,393
Nov 2023274377.892.81$2,242
Oct 2023272985.443.09$2,422
Sep 2023572489.042.74$2,425
Aug 2023377680.522.67$2,316
Jul 2023580874.852.64$2,509
Jun 2023377268.962.26$1,950
May 2023585270.622.23$2,251
Apr 2023383278.122.24$2,096
Mar 2023387372.852.39$2,308
Feb 2023374375.112.47$2,057
Jan 2023387976.533.39$3,207
Dec 2022683676.415.73$5,248
Nov 2022277185.005.65$4,523
Oct 2022581187.185.86$5,191
Sep 2022280284.888.16$6,717
Aug 2022282094.529.13$7,673
Jul 20222823101.587.54$6,410
Jun 20225788115.097.98$6,861
May 20222863109.378.43$7,496
Apr 20222836104.226.84$5,925
Mar 20224887108.885.08$4,938
Feb 2022578991.054.86$4,289
Jan 2022190181.844.54$4,170
Dec 2021191871.323.90$3,651
Nov 2021082977.435.24$4,341
Oct 2021662279.795.71$4,033
Sep 2021384569.865.35$4,731
Aug 2021588166.024.22$4,048
Jul 2021386070.783.98$3,637
Jun 2021282869.493.38$2,938
May 2021586963.483.02$2,940
Apr 2021484160.362.76$2,561
Mar 2021586161.302.72$2,646
Feb 2021278757.805.55$4,482
Jan 2021287550.412.81$2,560
Dec 2020284244.642.68$2,342
Nov 2020582038.772.71$2,413
Oct 2020483336.972.48$2,212
Sep 2020481837.091.99$1,777
Aug 2020484839.982.39$2,182
Jul 2020284838.371.83$1,624
Jun 2020480634.901.69$1,502
May 2020284916.921.81$1,575
Apr 2020481814.751.80$1,535
Mar 2020486730.341.86$1,731
Feb 2020476149.881.98$1,707
Jan 2020282857.252.09$1,849
Dec 2019584159.012.30$2,233
Nov 2019283155.302.75$2,396
Oct 2019284353.472.42$2,146
Sep 2019482155.052.66$2,402
Aug 2019484053.112.30$2,148
Jul 2019279756.272.46$2,073
Jun 2019282652.782.49$2,163
May 2019485158.482.74$2,566
Apr 2019275162.632.75$2,191
Mar 2019582756.803.06$2,816
Feb 2019276450.852.79$2,235
Jan 2019385346.033.23$2,892
Dec 2018486346.594.19$3,798
Nov 2018278952.934.24$3,449
Oct 2018283861.443.40$2,970
Sep 2018685859.543.11$3,024
Aug 2018083759.403.07$2,567
Jul 2018485665.142.93$2,770
Jun 2018285460.183.08$2,748
May 2018086065.382.90$2,495
Apr 2018090363.842.90$2,619
Mar 2018089461.222.79$2,491
Feb 2018082661.782.77$2,285
Jan 2018095662.874.01$3,833
Dec 2017096957.272.92$2,831
Nov 2017094055.423.12$2,931
Oct 201701,03449.292.98$3,085
Sep 201701,04747.523.09$3,232
Aug 201701,04345.373.00$3,134
Jul 201701,05343.873.09$3,251
Jun 201701,00342.493.09$3,097
May 2017095245.373.26$3,107
Apr 201701,01847.933.21$3,269
Mar 201701,06446.772.98$3,175
Feb 2017094650.452.95$2,793
Jan 201701,06149.413.42$3,627
Dec 2016095248.763.72$3,544
Nov 2016098042.492.64$2,591
Oct 201601,01946.193.09$3,149
Sep 2016095841.553.10$2,970
Aug 201601,00041.442.92$2,924
Jul 2016079241.622.92$2,316
Jun 2016091845.352.69$2,466
May 201601,00542.521.99$2,001
Apr 2016090936.561.99$1,810
Mar 2016094633.011.79$1,697
Feb 2016291426.472.06$1,939
Jan 201601,01427.352.36$2,397
Dec 201501,06932.362.00$2,140
Nov 201501,01338.792.17$2,196
Oct 201501,05843.552.43$2,567
Sep 201501,05542.992.76$2,910
Aug 201501,09940.162.87$3,157
Jul 2015091348.152.95$2,689
Jun 201501,01256.152.88$2,917
May 201501,06055.212.96$3,133
Apr 2015099749.822.71$2,698
Mar 201501,05142.892.93$3,084
Feb 2015089144.662.98$2,652
Jan 2015094843.433.10$2,939
Dec 2014094754.693.59$3,401
Nov 2014096270.464.25$4,090
Oct 201401,06078.303.90$4,135
Sep 201401,04986.164.05$4,244
Aug 201401,03189.394.04$4,160
Jul 201401,04496.564.18$4,364
Jun 201401,03698.164.74$4,907
May 2014096394.734.73$4,552
Apr 2014095295.944.81$4,578
Mar 2014098895.895.06$4,996
Feb 2014088697.406.19$5,486
Jan 2014099090.404.86$4,812
Dec 201301,02091.824.35$4,442
Nov 201301,05788.853.74$3,951
Oct 201301,09297.423.78$4,127
Sep 201301,006104.113.72$3,740
Aug 20130836104.253.52$2,945
Jul 201301,098102.523.72$4,082
Jun 201301,01294.403.93$3,981
May 201301,05594.834.15$4,377
Apr 201301,02293.964.28$4,377
Mar 201301,03993.623.91$4,065
Feb 2013070591.233.42$2,411
Jan 2013098691.603.42$3,372
Dec 201201,01186.773.42$3,458
Nov 2012098286.953.62$3,560
Oct 2012099089.383.40$3,366
Sep 201201,00294.672.92$2,924
Aug 2012099592.662.91$2,894
Jul 20120985.133.02$27
Jun 2012299879.822.52$2,674
May 201201,02691.612.49$2,553
Apr 201201,006101.652.00$2,009
Mar 201201,045105.052.22$2,322
Feb 20120998101.102.57$2,565
Jan 201201,00998.092.73$2,759
Dec 201101,04896.873.24$3,395
Nov 201101,02895.723.31$3,404
Oct 201101,07584.983.65$3,922
Sep 201101,03483.623.99$4,121
Aug 2011085783.404.15$3,556
Jul 201121,03494.144.52$4,859
Jun 2011099892.904.64$4,631
May 201101,00798.134.40$4,436
Apr 201101,034105.964.33$4,481
Mar 201101,01696.364.06$4,122
Feb 2011188885.644.18$3,797
Jan 201101,00686.504.59$4,616
Dec 201001,00885.734.35$4,383
Nov 201001,02980.843.80$3,905
Oct 201001,03078.103.51$3,614
Sep 201001,03972.633.98$4,135
Aug 201001,01473.684.42$4,481
Jul 2010099372.554.74$4,703
Jun 2010098170.364.91$4,817
May 201001,00271.124.24$4,244
Apr 201001,01181.694.12$4,168
Mar 201001,03178.394.39$4,525
Feb 2010094573.585.44$5,143
Jan 201001,01174.365.96$6,030
Dec 200901,02671.445.48$5,626
Nov 200901,46074.593.75$5,477
Oct 200901,19872.544.11$4,924
Sep 200911,10965.543.06$3,464
Aug 200911,12867.423.22$3,698
Jul 200911,06761.133.46$3,758
Jun 200911,15366.163.90$4,557
May 200921,11854.743.93$4,498
Apr 200921,08146.773.59$3,972
Mar 200921,15042.144.06$4,752
Feb 200911,00132.814.63$4,670
Jan 200911,15135.865.37$6,218
Dec 200831,07937.105.98$6,561
Nov 200821,03855.496.86$7,232
Oct 2008199775.246.92$6,976
Sep 200821,059101.767.88$8,545
Aug 200821,063114.228.48$9,246
Jul 200811,102131.0811.39$12,682
Jun 200821,050131.3313.03$13,947
May 200821,090123.1711.57$12,862
Apr 200811,032110.3110.45$10,900
Mar 200821,170101.909.66$11,511
Feb 200821,08792.538.77$9,719
Jan 200811,23590.388.21$10,224
Dec 200721,18788.337.30$8,844
Nov 200701,10691.677.29$8,065
Oct 200741,19182.856.92$8,575
Sep 200701,14475.846.24$7,143
Aug 200731,20069.066.39$7,873
Jul 200711,20270.906.39$7,749
Jun 200721,09362.007.55$8,374
May 200721,16258.747.85$9,235
Apr 200731,08559.617.81$8,647
Mar 200721,11556.927.30$8,256
Feb 200711,03455.108.22$8,550
Jan 200721,15450.306.73$7,863
Dec 200611,13756.656.92$7,923
Nov 200621,12154.207.62$8,648
Oct 200621,10454.906.01$6,749
Sep 200621,10360.085.04$5,676
Aug 200621,14268.717.34$8,520
Jul 200621,13869.376.34$7,357
Jun 200621,07166.286.38$6,970
May 200631,08366.016.42$7,156
Apr 200631,10264.397.36$8,304
Mar 200631,09956.707.08$7,954
Feb 200631,04957.597.75$8,304
Jan 200641,12160.598.93$10,257
Dec 200521,05254.9413.42$14,223
Nov 200521,02454.6910.59$10,952
Oct 200541,06358.3413.80$14,898
Sep 2005291161.4512.08$11,127
Aug 2005498861.519.80$9,925
Jul 200531,03955.697.84$8,317
Jun 200531,00952.337.38$7,604
May 200531,05245.226.65$7,133
Apr 2005580249.207.36$6,149
Mar 2005396850.377.15$7,077
Feb 2005286045.226.31$5,519
Jan 200551,09843.166.32$7,158
Dec 200431,22439.866.75$8,383
Nov 200431,07945.286.33$6,966
Oct 200421,14549.706.52$7,559
Sep 200421,00743.245.28$5,407
Aug 200421,44042.375.55$8,078
Jul 200441,31538.286.08$8,154
Jun 200421,10836.106.43$7,200
May 200431,15137.486.49$7,588
Apr 200421,07734.475.86$6,379
Mar 200421,02934.365.53$5,759
Feb 200431,03632.455.51$5,805
Jan 200441,01032.036.30$6,491
Dec 2003292130.266.30$5,864
Nov 2003289428.804.60$4,166
Oct 200321,00428.174.76$4,835
Sep 2003391526.314.75$4,425
Aug 2003298929.765.13$5,133
Jul 2003297829.415.17$5,116
Jun 2003194828.565.98$5,700
May 2003396726.595.97$5,855
Apr 200321,07626.675.41$5,872
Mar 200331,09131.146.10$6,744
Feb 2003374833.487.93$6,029
Jan 2003283230.315.58$4,705
Dec 2002386526.914.85$4,279
Nov 2002383624.664.14$3,532
Oct 2002283526.464.23$3,584
Sep 2002389727.443.64$3,343
Aug 200231,09625.963.16$3,546
Jul 200201,27324.583.06$3,898
Jun 2002096923.733.34$3,235
May 2002095024.663.58$3,405
Apr 200201,02123.653.51$3,586
Mar 200201,23522.003.10$3,832
Feb 200201,33518.222.38$3,172
Jan 200201,56617.172.38$3,720
Dec 200101,89116.932.36$4,471
Nov 200102,29418.072.41$5,518
Oct 200102,28519.782.53$5,778
Sep 200102,53624.262.25$5,709
Aug 200102,65424.873.05$8,103
Jul 200102,59323.933.20$8,290
Jun 200102,49124.563.82$9,526
May 200102,64725.524.31$11,401
Apr 200102,71524.685.34$14,485
Mar 200102,79724.545.38$15,038
Feb 20010027.755.77$0
Jan 200102,61627.478.40$21,971
Dec 200003,15326.889.12$28,763
Nov 200002,87332.215.66$16,255
Oct 200003,00531.235.15$15,462
Sep 200002,74731.875.19$14,247
Aug 200001,47629.644.54$6,702
Jul 200001,41128.534.09$5,771
Jun 200001,43829.304.40$6,323
May 200001,49227.263.68$5,490
Apr 200001,44424.513.12$4,500
Mar 200001,57328.422.86$4,498
Feb 200001,52727.622.73$4,163
Jan 200001,53825.272.48$3,815
Dec 199901,70124.282.42$4,123
Nov 199901,55023.192.43$3,773
Oct 199901,75020.982.80$4,906
Sep 199901,62021.752.62$4,243
Aug 199901,61719.262.88$4,650
Jul 199901,63817.892.37$3,886
Jun 199901,55715.942.36$3,678
May 199901,51515.792.32$3,516
Apr 199901,53215.102.21$3,383
Mar 199901,67112.471.84$3,072
Feb 199901,7809.981.82$3,236
Jan 199901,73710.381.90$3,300
Dec 199801,7149.201.77$3,039
Nov 199801,63010.892.19$3,563
Oct 199801,73212.421.97$3,411
Sep 199801,67412.592.08$3,486
Aug 199801,74711.301.91$3,332
Jul 199801,82711.742.24$4,087
Jun 199801,81611.242.24$4,063
May 199801,97712.622.21$4,362
Apr 199802,13413.042.51$5,346
Mar 199802,11312.802.31$4,880
Feb 199801,94613.952.30$4,474
Jan 199802,41514.702.15$5,204
Dec 199702,25916.322.41$5,447
Nov 199702,18318.193.09$6,742
Oct 199702,32519.253.15$7,323
Sep 199702,22917.742.95$6,586
Aug 199702,52417.862.55$6,448
Jul 199702,82317.582.25$6,343
Jun 199702,82317.242.26$6,372
May 199702,71218.972.31$6,261
Apr 199702,92817.882.08$6,098
Mar 199703,34418.951.94$6,484
Feb 199703,21220.492.21$7,085
Jan 199703,68823.483.54$13,054
Dec 199603,26423.32$0
Nov 199603,10721.97$0
Oct 199603,02523.31$0
Sep 199603,11522.22$0
Aug 199603,51320.26$0
Jul 199603,28719.55$0
Jun 199603,47718.73$0
May 199603,58919.43$0
Apr 1996663,50421.51$1,420
Mar 199603,77619.38$0
Feb 199603,94216.98$0
Jan 199604,47117.07$0
Dec 199514,09717.19$17
Nov 199504,10316.00$0
Oct 199504,22715.43$0
Sep 199503,99116.18$0
Aug 199504,25015.92$0
Jul 199505,00715.24$0
Jun 199505,56216.41$0
May 199505,88017.56$0
Apr 199505,61017.73$0
Mar 19951564,83116.44$2,565
Feb 199503,97916.58$0
Jan 199504,44415.92$0
Dec 199404,74315.03$0
Nov 199404,87515.90$0
Oct 199404,78015.58$0
Sep 199405,02415.29$0
Aug 199405,08316.13$0
Jul 199405,90817.56$0
Jun 199405,31417.09$0
May 19941807,37815.88$2,858
Apr 199416,33214.14$14
Mar 199408,43212.46$0
Feb 199407,37912.50$0
Jan 199416,87712.66$13
Dec 19931808,38212.33$2,219
Nov 199328,80914.49$29
Oct 1993011,16715.85$0
Sep 199317811,05715.03$2,675
Aug 1993012,67915.66$0
Jul 199318111,95115.46$2,798
Jun 1993013,55716.79$0
May 1993014,65517.68$0
Apr 199317514,40518.05$3,159
Mar 1993015,58418.14$0
Feb 199318015,19117.90$3,222
Jan 199318216,95916.93$3,081

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             3 bbl  × $106.41 =       $319
Gas                  695 Mcf  × $  3.05 =     $2,117

────────────────────────────────────────────────────
Month total                                   $2,436

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/131214 is the state's own key, not one this site invented.