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 132285District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$15 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 Gas112001-08-20144473
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
CondensateDisposition838 bbl$29,010
GasProduction372,928 Mcf$1,158,559
Total$1,187,568

99,687 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 27.3588, -99.4382. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35877, -99.43817 · 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
7,081 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 7,081 ft.

Completions filed
Dec 1998
1 of 1 wells

1 well

42-47934901387,081 ftDec 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 20262209106.413.05$849
Apr 2026246398.932.87$1,527
Mar 2026126989.753.15$937
Feb 2026022463.503.75$840
Jan 2026230459.138.00$2,550
Dec 2025136056.664.41$1,645
Nov 2025134858.593.93$1,425
Oct 2025128059.383.30$985
Sep 2025135562.743.08$1,155
Aug 2025133163.933.01$1,062
Jul 2025133266.743.32$1,167
Jun 2025121866.483.13$749
May 2025134860.553.23$1,185
Apr 2025131962.363.54$1,193
Mar 2025130567.704.27$1,370
Feb 2025132370.884.34$1,473
Jan 2025140874.324.28$1,820
Dec 2024323268.993.12$931
Nov 2024139369.052.20$933
Oct 2024137571.372.28$927
Sep 2024132969.612.36$847
Aug 2024238675.632.06$948
Jul 2024135579.932.15$842
Jun 2024230378.082.63$954
May 2024133778.812.20$820
Apr 2024236284.451.66$770
Mar 2024137080.301.55$652
Feb 2024133876.091.78$679
Jan 2024138673.023.30$1,346
Dec 2023234171.262.61$1,033
Nov 2023129477.892.81$903
Oct 2023129985.443.09$1,009
Sep 2023227489.042.74$927
Aug 2023130580.522.67$896
Jul 2023230574.852.64$955
Jun 2023134268.962.26$841
May 2023340370.622.23$1,110
Apr 2023140378.122.24$980
Mar 2023142772.852.39$1,095
Feb 2023142375.112.47$1,118
Jan 2023141976.533.39$1,496
Dec 2022342576.415.73$2,664
Nov 2022138185.005.65$2,236
Oct 2022235587.185.86$2,256
Sep 2022134484.888.16$2,893
Aug 2022135594.529.13$3,335
Jul 20221332101.587.54$2,606
Jun 20222314115.097.98$2,735
May 20221324109.378.43$2,842
Apr 20221342104.226.84$2,443
Mar 20222405108.885.08$2,274
Feb 2022237491.054.86$1,999
Jan 2022143081.844.54$2,033
Dec 2021142471.323.90$1,725
Nov 2021036177.435.24$1,891
Oct 2021128679.795.71$1,714
Sep 2021116169.865.35$931
Aug 2021220766.024.22$1,006
Jul 2021134170.783.98$1,429
Jun 2021138369.493.38$1,364
May 2021241863.483.02$1,388
Apr 2021343160.362.76$1,370
Mar 2021348561.302.72$1,502
Feb 2021243757.805.55$2,540
Jan 2021150950.412.81$1,481
Dec 2020154544.642.68$1,503
Nov 2020351138.772.71$1,499
Oct 2020350736.972.48$1,367
Sep 2020349737.091.99$1,101
Aug 2020350739.982.39$1,329
Jul 2020151638.371.83$980
Jun 2020356634.901.69$1,061
May 2020158816.921.81$1,084
Apr 2020356414.751.80$1,062
Mar 2020353530.341.86$1,084
Feb 2020349949.881.98$1,138
Jan 2020157457.252.09$1,260
Dec 2019359059.012.30$1,537
Nov 2019156855.302.75$1,618
Oct 2019152053.472.42$1,311
Sep 2019251555.052.66$1,479
Aug 2019350853.112.30$1,330
Jul 2019149156.272.46$1,264
Jun 2019151452.782.49$1,333
May 2019352058.482.74$1,600
Apr 2019146762.632.75$1,347
Mar 2019248556.803.06$1,599
Feb 2019139250.852.79$1,145
Jan 2019244146.033.23$1,516
Dec 2018341646.594.19$1,881
Nov 2018151352.934.24$2,227
Oct 2018263361.443.40$2,274
Sep 2018579059.543.11$2,753
Aug 2018083059.403.07$2,545
Jul 2018354365.142.93$1,787
Jun 2018159760.183.08$1,897
May 2018050465.382.90$1,462
Apr 2018051463.842.90$1,491
Mar 2018054561.222.79$1,519
Feb 2018049661.782.77$1,372
Jan 2018055962.874.01$2,241
Dec 2017061957.272.92$1,808
Nov 2017044055.423.12$1,372
Oct 2017064349.292.98$1,919
Sep 2017077747.523.09$2,399
Aug 2017078345.373.00$2,352
Jul 2017076043.873.09$2,346
Jun 2017078042.493.09$2,408
May 2017070945.373.26$2,314
Apr 2017051947.933.21$1,667
Mar 2017060946.772.98$1,817
Feb 2017050350.452.95$1,485
Jan 2017068349.413.42$2,335
Dec 2016060248.763.72$2,241
Nov 2016061642.492.64$1,629
Oct 2016048546.193.09$1,499
Sep 2016054241.553.10$1,681
Aug 2016046641.442.92$1,363
Jul 2016054441.622.92$1,591
Jun 2016055945.352.69$1,501
May 2016060442.521.99$1,203
Apr 2016060536.561.99$1,205
Mar 2016061633.011.79$1,105
Feb 2016155426.472.06$1,170
Jan 2016061527.352.36$1,454
Dec 2015069732.362.00$1,395
Nov 2015065038.792.17$1,409
Oct 2015072443.552.43$1,757
Sep 2015070842.992.76$1,953
Aug 2015065440.162.87$1,879
Jul 2015049748.152.95$1,464
Jun 2015054556.152.88$1,571
May 2015051555.212.96$1,522
Apr 2015045849.822.71$1,240
Mar 2015050942.892.93$1,494
Feb 2015055944.662.98$1,664
Jan 2015058043.433.10$1,798
Dec 2014055554.693.59$1,993
Nov 2014068270.464.25$2,900
Oct 2014064978.303.90$2,532
Sep 2014072786.164.05$2,941
Aug 2014073889.394.04$2,978
Jul 2014079096.564.18$3,302
Jun 2014075098.164.74$3,553
May 2014072494.734.73$3,422
Apr 2014063595.944.81$3,054
Mar 2014063095.895.06$3,186
Feb 2014067897.406.19$4,198
Jan 2014074090.404.86$3,597
Dec 2013072491.824.35$3,153
Nov 2013081588.853.74$3,047
Oct 2013083597.423.78$3,156
Sep 20130734104.113.72$2,729
Aug 20130729104.253.52$2,568
Jul 20130873102.523.72$3,246
Jun 2013091394.403.93$3,591
May 2013085494.834.15$3,543
Apr 2013090893.964.28$3,889
Mar 2013096493.623.91$3,772
Feb 2013067691.233.42$2,312
Jan 201301,06291.603.42$3,632
Dec 201201,01986.773.42$3,485
Nov 2012097786.953.62$3,542
Oct 2012095789.383.40$3,253
Sep 2012097894.672.92$2,854
Aug 201201,07092.662.91$3,112
Jul 20120885.133.02$24
Jun 2012288879.822.52$2,397
May 2012089691.612.49$2,230
Apr 20120641101.652.00$1,280
Mar 20120264105.052.22$587
Feb 20120254101.102.57$653
Jan 2012032098.092.73$875
Dec 2011027796.873.24$897
Nov 2011020095.723.31$662
Oct 2011027284.983.65$992
Sep 2011031083.623.99$1,236
Aug 2011019583.404.15$809
Jul 2011025694.144.52$1,156
Jun 2011030592.904.64$1,415
May 2011033498.134.40$1,471
Apr 20110233105.964.33$1,010
Mar 2011025496.364.06$1,031
Feb 2011037185.644.18$1,551
Jan 2011068686.504.59$3,148
Dec 2010054985.734.35$2,387
Nov 2010035180.843.80$1,332
Oct 2010043878.103.51$1,537
Sep 201004772.633.98$187
Aug 2010031473.684.42$1,388
Jul 2010047572.554.74$2,250
Jun 2010043870.364.91$2,151
May 2010049471.124.24$2,092
Apr 2010053981.694.12$2,222
Mar 2010043578.394.39$1,909
Feb 2010043573.585.44$2,367
Jan 2010049974.365.96$2,976
Dec 2009045271.445.48$2,479
Nov 2009044774.593.75$1,677
Oct 2009039572.544.11$1,624
Sep 2009029165.543.06$892
Aug 2009035267.423.22$1,133
Jul 2009028761.133.46$994
Jun 2009020766.163.90$806
May 2009130754.743.93$1,260
Apr 2009133246.773.59$1,238
Mar 2009135542.144.06$1,483
Feb 2009032332.814.63$1,496
Jan 2009141735.865.37$2,276
Dec 2008146937.105.98$2,840
Nov 2008142955.496.86$2,999
Oct 2008049575.246.92$3,426
Sep 20081286101.767.88$2,355
Aug 20081521114.228.48$4,534
Jul 20080474131.0811.39$5,399
Jun 20081274131.3313.03$3,702
May 20081289123.1711.57$3,468
Apr 20080455110.3110.45$4,757
Mar 20080328101.909.66$3,170
Feb 2008146992.538.77$4,206
Jan 2008065390.388.21$5,358
Dec 2007166688.337.30$4,951
Nov 2007047891.677.29$3,485
Oct 2007138282.856.92$2,727
Sep 2007045275.846.24$2,822
Aug 2007120869.066.39$1,398
Jul 2007043570.906.39$2,779
Jun 2007139262.007.55$3,021
May 2007145858.747.85$3,652
Apr 2007254559.617.81$4,373
Mar 2007164156.927.30$4,737
Feb 2007171255.108.22$5,905
Jan 2007295150.306.73$6,498
Dec 2006185256.656.92$5,951
Nov 2006170154.207.62$5,394
Oct 2006256654.906.01$3,514
Sep 2006275360.085.04$3,913
Aug 200621,01968.717.34$7,617
Jul 2006282769.376.34$5,384
Jun 2006288066.286.38$5,750
May 2006383566.016.42$5,563
Apr 200631,00964.397.36$7,620
Mar 200631,03456.707.08$7,494
Feb 2006398457.597.75$7,800
Jan 200641,05860.598.93$9,694
Dec 2005178954.9413.42$10,640
Nov 2005285054.6910.59$9,110
Oct 200541,06358.3413.80$14,898
Sep 2005276961.4512.08$9,412
Aug 200541,04561.519.80$10,484
Jul 2005398155.697.84$7,862
Jun 200531,10852.337.38$8,335
May 200531,15945.226.65$7,844
Apr 200551,05449.207.36$8,004
Mar 200531,08050.377.15$7,878
Feb 2005298045.226.31$6,276
Jan 200571,39543.166.32$9,122
Dec 200481,60639.866.75$11,161
Nov 200441,54645.286.33$9,968
Oct 200441,44449.706.52$9,607
Sep 200431,47443.245.28$7,918
Aug 200421,64142.375.55$9,193
Jul 200451,58038.286.08$9,804
Jun 20041031,20636.106.43$11,477
May 200441,32337.486.49$8,742
Apr 200421,17834.475.86$6,970
Mar 200421,05134.365.53$5,881
Feb 200441,02432.455.51$5,772
Jan 200451,27232.036.30$8,173
Dec 200341,46130.266.30$9,328
Nov 200331,40228.804.60$6,529
Oct 200321,52128.174.76$7,296
Sep 200351,49726.314.75$7,241
Aug 200331,49829.765.13$7,774
Jul 200331,18129.415.17$6,195
Jun 200321,41428.565.98$8,517
May 200351,69726.595.97$10,269
Apr 200331,79926.675.41$9,808
Mar 200361,69431.146.10$10,514
Feb 200351,59033.487.93$12,770
Jan 200331,25830.315.58$7,113
Dec 200241,33926.914.85$6,607
Nov 200241,26524.664.14$5,332
Oct 200231,47126.464.23$6,300
Sep 200241,38827.443.64$5,155
Aug 200231,11125.963.16$3,593
Jul 200201,10724.583.06$3,389
Jun 200201,61323.733.34$5,385
May 200201,52024.663.58$5,448
Apr 200201,84323.653.51$6,473
Mar 200201,49622.003.10$4,642
Feb 200201,76218.222.38$4,186
Jan 200201,49517.172.38$3,552
Dec 200103,55316.932.36$8,401
Nov 200101,49718.072.41$3,601
Oct 200101,15019.782.53$2,908
Sep 200101,10324.262.25$2,483
Aug 200101,30824.873.05$3,994
Jul 200101,60023.933.20$5,115
Jun 200101,35624.563.82$5,186
May 200101,32625.524.31$5,712
Apr 200101,60724.685.34$8,574
Mar 200101,28424.545.38$6,903
Feb 20010027.755.77$0
Jan 200101,67727.478.40$14,085
Dec 200001,27326.889.12$11,613
Nov 200001,80932.215.66$10,235
Oct 200001,92731.235.15$9,915
Sep 200001,78831.875.19$9,273
Aug 200001,95829.644.54$8,891
Jul 200002,23428.534.09$9,137
Jun 200002,39029.304.40$10,509
May 200002,14327.263.68$7,886
Apr 200002,22224.513.12$6,924
Mar 200001,99628.422.86$5,708
Feb 200001,83127.622.73$4,992
Jan 200001,59525.272.48$3,956
Dec 199901,45524.282.42$3,527
Nov 199901,37623.192.43$3,349
Oct 199901,98720.982.80$5,571
Sep 199901,69721.752.62$4,444
Aug 199901,74019.262.88$5,004
Jul 199902,02017.892.37$4,792
Jun 199901,89315.942.36$4,471
May 199901,80615.792.32$4,192
Apr 199901,67815.102.21$3,705
Mar 199901,82012.471.84$3,346
Feb 199902,1539.981.82$3,914
Jan 1999169810.381.90$352
Dec 199805939.201.77$1,052
Nov 1998045010.892.19$984
Oct 1998054112.421.97$1,065
Sep 1998060112.592.08$1,252
Aug 1998048711.301.91$929
Jul 1998053311.742.24$1,192
Jun 1998058811.242.24$1,316
May 1998058612.622.21$1,293
Apr 1998062813.042.51$1,573
Mar 1998057912.802.31$1,337
Feb 1998063813.952.30$1,467
Jan 1998086814.702.15$1,870
Dec 1997077716.322.41$1,873
Nov 1997054618.193.09$1,686
Oct 1997054619.253.15$1,720
Sep 1997082317.742.95$2,432
Aug 19971451,39617.862.55$6,156
Jul 199701,51617.582.25$3,406
Jun 199701,69517.242.26$3,826
May 199701,55418.972.31$3,587
Apr 199701,71717.882.08$3,576
Mar 199701,98818.951.94$3,855
Feb 199701,76220.492.21$3,887
Jan 199702,22023.483.54$7,858
Dec 199602,47123.32$0
Nov 199602,43721.97$0
Oct 199602,53023.31$0
Sep 199602,50322.22$0
Aug 199602,73220.26$0
Jul 199602,61519.55$0
Jun 199602,58018.73$0
May 1996132,27919.43$253
Apr 199601,19121.51$0
Mar 199601,38719.38$0
Feb 199602,36116.98$0
Jan 1996233,09117.07$393
Dec 199502,57717.19$0
Nov 199502,55916.00$0
Oct 199501,71915.43$0
Sep 199501,77916.18$0
Aug 199501,58915.92$0
Jul 1995036115.24$0
Jun 1995098616.41$0
May 199501,49817.56$0
Apr 1995501,64917.73$887
Mar 199501,40416.44$0
Feb 199501,78716.58$0
Jan 199501,70115.92$0
Dec 199402,27915.03$0
Nov 199402,10015.90$0
Oct 199401,83015.58$0
Sep 199402,23615.29$0
Aug 199402,08716.13$0
Jul 1994371,73217.56$650
Jun 199401,34017.09$0
May 199401,17615.88$0
Apr 199401,19714.14$0
Mar 199401,65612.46$0
Feb 199401,58912.50$0
Jan 199401,71212.66$0
Dec 199302,20912.33$0
Nov 1993602,69514.49$869
Oct 199302,94715.85$0
Sep 199302,78615.03$0
Aug 199312,18715.66$16
Jul 199302,38615.46$0
Jun 199302,35216.79$0
May 199302,07217.68$0
Apr 1993392,23018.05$704
Mar 199313,22218.14$18
Feb 199302,88317.90$0
Jan 199302,99816.93$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             2 bbl  × $106.41 =       $213
Gas                  209 Mcf  × $  3.05 =       $637

────────────────────────────────────────────────────
Month total                                     $849

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/132285 is the state's own key, not one this site invented.