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 132083District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$713 k
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
High Cost Gas112001-08-20144472
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
CondensateDisposition1,119 bbl$20,615
GasProduction433,767 Mcf$692,702
Total$713,317

248,896 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 27.3514, -99.3950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35136, -99.39503 · 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
8,350 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 8,350 ft.

Completions filed
Sep 1989
1 of 1 wells

1 well

42-47934875378,350 ftSep 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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201502132.362.00$42
Nov 201502438.792.17$52
Oct 20150043.552.43$0
Sep 201509342.992.76$257
Aug 2015011540.162.87$330
Jul 2015017548.152.95$515
Jun 2015013856.152.88$398
May 2015019355.212.96$570
Apr 2015011749.822.71$317
Mar 2015011742.892.93$343
Feb 2015011044.662.98$327
Jan 201509543.433.10$295
Dec 2014013854.693.59$496
Nov 2014010370.464.25$438
Oct 2014011078.303.90$429
Sep 2014014186.164.05$570
Aug 2014012589.394.04$504
Jul 201409796.564.18$405
Jun 201407298.164.74$341
May 2014012094.734.73$567
Apr 201406895.944.81$327
Mar 2014010295.895.06$516
Feb 2014012097.406.19$743
Jan 2014010890.404.86$525
Dec 2013013291.824.35$575
Nov 2013014788.853.74$550
Oct 2013011597.423.78$435
Sep 20130116104.113.72$431
Aug 20130244104.253.52$860
Jul 20130138102.523.72$513
Jun 2013011894.403.93$464
May 2013013494.834.15$556
Apr 2013014093.964.28$600
Mar 2013015293.623.91$595
Feb 2013019591.233.42$667
Jan 2013015091.603.42$513
Dec 2012015986.773.42$544
Nov 2012024186.953.62$874
Oct 2012016889.383.40$571
Sep 2012012394.672.92$359
Aug 2012014392.662.91$416
Jul 20120185.133.02$3
Jun 2012115379.822.52$465
May 2012010791.612.49$266
Apr 20120117101.652.00$234
Mar 20120164105.052.22$364
Feb 2012095101.102.57$244
Jan 2012010598.092.73$287
Dec 2011011296.873.24$363
Nov 2011010195.723.31$334
Oct 201106284.983.65$226
Sep 2011013483.623.99$534
Aug 2011013083.404.15$539
Jul 2011011994.144.52$538
Jun 2011012292.904.64$566
May 2011014098.134.40$617
Apr 20110150105.964.33$650
Mar 2011013496.364.06$544
Feb 2011010485.644.18$435
Jan 2011012286.504.59$560
Dec 2010011485.734.35$496
Nov 2010014080.843.80$531
Oct 2010021078.103.51$737
Sep 2010030572.633.98$1,214
Aug 2010025373.684.42$1,118
Jul 2010028172.554.74$1,331
Jun 2010029070.364.91$1,424
May 2010025071.124.24$1,059
Apr 2010024681.694.12$1,014
Mar 2010020078.394.39$878
Feb 2010028473.585.44$1,546
Jan 2010018574.365.96$1,103
Dec 200907971.445.48$433
Nov 2009017974.593.75$672
Oct 2009014372.544.11$588
Sep 200901765.543.06$52
Aug 20090767.423.22$23
Jul 2009011361.133.46$391
Jun 2009012166.163.90$471
May 200909054.743.93$353
Apr 20090046.773.59$0
Mar 200905342.144.06$215
Feb 200904832.814.63$222
Jan 2009010935.865.37$585
Dec 20080637.105.98$36
Nov 200805555.496.86$377
Oct 2008012075.246.92$831
Sep 20080103101.767.88$811
Aug 2008090114.228.48$763
Jul 20080143131.0811.39$1,629
Jun 20080188131.3313.03$2,450
May 20080143123.1711.57$1,655
Apr 20080120110.3110.45$1,255
Mar 20080129101.909.66$1,247
Feb 2008013692.538.77$1,193
Jan 200809990.388.21$812
Dec 200704788.337.30$343
Nov 200704991.677.29$357
Oct 2007117082.856.92$1,260
Sep 2007011575.846.24$718
Aug 2007018369.066.39$1,169
Jul 2007013770.906.39$875
Jun 2007011862.007.55$891
May 2007015458.747.85$1,208
Apr 2007120059.617.81$1,621
Mar 2007023856.927.30$1,738
Feb 2007019655.108.22$1,610
Jan 2007125450.306.73$1,759
Dec 2006138056.656.92$2,686
Nov 2006036254.207.62$2,758
Oct 200608554.906.01$511
Sep 2006124460.085.04$1,289
Aug 2006021968.717.34$1,607
Jul 2006027469.376.34$1,738
Jun 2006025666.286.38$1,634
May 2006123266.016.42$1,557
Apr 2006126164.397.36$1,985
Mar 2006233756.707.08$2,500
Feb 2006245057.597.75$3,603
Jan 2006242060.598.93$3,873
Dec 2005149554.9413.42$6,696
Nov 2005137754.6910.59$4,047
Oct 2005136258.3413.80$5,052
Sep 2005134461.4512.08$4,217
Aug 2005241761.519.80$4,208
Jul 2005154355.697.84$4,315
Jun 2005151252.337.38$3,831
May 2005157045.226.65$3,836
Apr 2005456049.207.36$4,319
Mar 2005255750.377.15$4,086
Feb 2005349545.226.31$3,260
Jan 2005168743.166.32$4,387
Dec 2004362939.866.75$4,366
Nov 2004172945.286.33$4,660
Oct 2004274149.706.52$4,927
Sep 2004390543.245.28$4,912
Aug 2004199342.375.55$5,554
Jul 200421,03538.286.08$6,374
Jun 2004291236.106.43$5,939
May 200451,04237.486.49$6,955
Apr 200411,01134.475.86$5,957
Mar 200441,04834.365.53$5,933
Feb 2004298532.455.51$5,492
Jan 200451,08032.036.30$6,964
Dec 200351,34430.266.30$8,621
Nov 200331,40028.804.60$6,520
Oct 200361,74328.174.76$8,465
Sep 200321,52226.314.75$7,281
Aug 200311,07429.765.13$5,539
Jul 2003146629.415.17$2,439
Jun 2003174628.565.98$4,492
May 2003584826.595.97$5,198
Apr 200331,09226.675.41$5,985
Mar 2003101,54731.146.10$9,742
Feb 200361,37433.487.93$11,091
Jan 200361,24730.315.58$7,143
Dec 200261,21226.914.85$6,044
Nov 200271,33924.664.14$5,712
Oct 200241,64526.464.23$7,063
Sep 200241,59027.443.64$5,890
Aug 200231,32925.963.16$4,283
Jul 200201,52124.583.06$4,657
Jun 200201,27623.733.34$4,260
May 200201,34624.663.58$4,824
Apr 200201,21823.653.51$4,278
Mar 200201,45322.003.10$4,508
Feb 200201,30818.222.38$3,107
Jan 200201,59617.172.38$3,792
Dec 200101,60316.932.36$3,790
Nov 200101,50218.072.41$3,613
Oct 200101,65819.782.53$4,193
Sep 2001080524.262.25$1,812
Aug 200101,01024.873.05$3,084
Jul 200101,12823.933.20$3,606
Jun 200101,15024.563.82$4,398
May 200101,43925.524.31$6,198
Apr 200101,38624.685.34$7,395
Mar 200101,31324.545.38$7,059
Feb 20010027.755.77$0
Jan 200101,37727.478.40$11,565
Dec 200001,38826.889.12$12,662
Nov 200001,56332.215.66$8,843
Oct 200001,61431.235.15$8,305
Sep 200001,27331.875.19$6,602
Aug 200001,45829.644.54$6,620
Jul 200001,59828.534.09$6,535
Jun 200001,46729.304.40$6,451
May 200001,44327.263.68$5,310
Apr 200001,48224.513.12$4,618
Mar 200001,62428.422.86$4,644
Feb 200001,56127.622.73$4,256
Jan 200001,85225.272.48$4,594
Dec 199902,06724.282.42$5,010
Nov 199902,02023.192.43$4,917
Oct 199902,14920.982.80$6,025
Sep 199902,10021.752.62$5,500
Aug 199902,25519.262.88$6,484
Jul 199902,33617.892.37$5,542
Jun 199902,21015.942.36$5,220
May 199901,98115.792.32$4,598
Apr 199901,95115.102.21$4,308
Mar 199902,09812.471.84$3,857
Feb 199902,1289.981.82$3,868
Jan 199901,97610.381.90$3,754
Dec 199801,8769.201.77$3,327
Nov 199801,78410.892.19$3,899
Oct 199802,26712.421.97$4,464
Sep 199802,17212.592.08$4,523
Aug 199802,21011.301.91$4,215
Jul 199802,19711.742.24$4,915
Jun 199802,23511.242.24$5,000
May 199802,46312.622.21$5,434
Apr 199802,43613.042.51$6,103
Mar 199802,62912.802.31$6,072
Feb 199802,25813.952.30$5,191
Jan 199802,40014.702.15$5,172
Dec 199702,50116.322.41$6,030
Nov 199702,60118.193.09$8,033
Oct 199702,87919.253.15$9,068
Sep 199702,33117.742.95$6,888
Aug 199702,70317.862.55$6,905
Jul 199702,62417.582.25$5,896
Jun 199702,62417.242.26$5,923
May 199702,57018.972.31$5,933
Apr 199702,72917.882.08$5,684
Mar 199703,34618.951.94$6,488
Feb 199703,22920.492.21$7,123
Jan 199703,85823.483.54$13,656
Dec 199603,70823.32$0
Nov 199603,85121.97$0
Oct 199604,33323.31$0
Sep 199604,07822.22$0
Aug 199604,10620.26$0
Jul 199603,45919.55$0
Jun 199603,93018.73$0
May 199603,20619.43$0
Apr 1996543,07421.51$1,162
Mar 199604,28019.38$0
Feb 199604,34316.98$0
Jan 199605,07717.07$0
Dec 199504,49017.19$0
Nov 199504,13416.00$0
Oct 199504,75115.43$0
Sep 199504,48416.18$0
Aug 199504,78415.92$0
Jul 199504,41515.24$0
Jun 19951764,26016.41$2,888
May 199505,43317.56$0
Apr 199504,76217.73$0
Mar 199505,30216.44$0
Feb 1995304,23516.58$497
Jan 199504,78015.92$0
Dec 199404,48615.03$0
Nov 199405,04215.90$0
Oct 199404,80115.58$0
Sep 19941654,04515.29$2,523
Aug 199404,48316.13$0
Jul 199405,31017.56$0
Jun 199404,32217.09$0
May 199414,86315.88$16
Apr 199405,56814.14$0
Mar 199405,89712.46$0
Feb 19941955,28212.50$2,438
Jan 199415,85512.66$13
Dec 199306,46512.33$0
Nov 199325,97914.49$29
Oct 199307,33015.85$0
Sep 19931756,39015.03$2,630
Aug 199316,66915.66$16
Jul 199307,40215.46$0
Jun 199306,66216.79$0
May 199307,47917.68$0
Apr 199317,77718.05$18
Mar 19931817,74118.14$3,283
Feb 199307,21717.90$0
Jan 199308,55616.93$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.

Dec 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.36 =         $0
Gas                   21 Mcf  × $  2.00 =        $42

────────────────────────────────────────────────────
Month total                                      $42

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/132083 is the state's own key, not one this site invented.