HEREFORD, L. M. -A-

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 151290District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Sep 1994 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
381
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 Gas112001-08-20144479
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
CondensateDisposition6,683 bbl$141,241
GasProduction1,286,928 Mcf$2,229,670
Total$2,370,910

737,000 Mcf of this lease's gas, across 28 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 27.3311, -99.3904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33113, -99.39043 · 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
8,800 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 8,800 ft.

Completions filed
Sep 1994
1 of 1 wells

1 well

42-47936147448,800 ftSep 1994

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 (381)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

381 months

May 20264599106.413.05$2,250
Apr 2026473198.932.87$2,493
Mar 2026368489.753.15$2,423
Feb 2026065363.503.75$2,449
Jan 2026378359.138.00$6,440
Dec 2025379956.664.41$3,696
Nov 2025475658.593.93$3,203
Oct 2025486259.383.30$3,086
Sep 2025488162.743.08$2,962
Aug 2025396163.933.01$3,089
Jul 2025396766.743.32$3,406
Jun 2025491066.483.13$3,113
May 2025399960.553.23$3,411
Apr 2025389662.363.54$3,362
Mar 2025471967.704.27$3,340
Feb 2025490970.884.34$4,229
Jan 202541,09574.324.28$4,982
Dec 2024966368.993.12$2,690
Nov 202441,05069.052.20$2,585
Oct 202441,18771.372.28$2,994
Sep 202441,13269.612.36$2,955
Aug 202471,15975.632.06$2,921
Jul 202441,18579.932.15$2,863
Jun 202471,11678.082.63$3,486
May 202431,26478.812.20$3,015
Apr 202471,03884.451.66$2,313
Mar 202441,17380.301.55$2,134
Feb 202431,05876.091.78$2,115
Jan 202431,15273.023.30$4,018
Dec 202361,04971.262.61$3,166
Nov 2023393577.892.81$2,859
Oct 202331,03185.443.09$3,439
Sep 202361,00689.042.74$3,286
Aug 202331,02680.522.67$2,984
Jul 202361,08374.852.64$3,310
Jun 2023488268.962.26$2,268
May 202371,03870.622.23$2,806
Apr 202331,16778.122.24$2,846
Mar 202331,09872.852.39$2,846
Feb 2023494675.112.47$2,633
Jan 202331,11076.533.39$3,990
Dec 202281,16076.415.73$7,257
Nov 2022393685.005.65$5,540
Oct 202261,00287.185.86$6,399
Sep 2022396484.888.16$8,124
Aug 2022397294.529.13$9,155
Jul 202231,017101.587.54$7,975
Jun 20226963115.097.98$8,373
May 202241,115109.378.43$9,840
Apr 202231,136104.226.84$8,080
Mar 202261,077108.885.08$6,121
Feb 2022698191.054.86$5,313
Jan 202231,26781.844.54$5,995
Dec 2021399171.323.90$4,078
Nov 2021083477.435.24$4,368
Oct 2021769379.795.71$4,518
Sep 202131,12269.865.35$6,213
Aug 2021282066.024.22$3,593
Jul 2021313970.783.98$766
Jun 2021396869.493.38$3,481
May 2021579763.483.02$2,722
Apr 202151,01160.362.76$3,091
Mar 2021561761.302.72$1,983
Feb 2021270057.805.55$3,999
Jan 2021282050.412.81$2,405
Dec 2020391344.642.68$2,577
Nov 2020592138.772.71$2,687
Oct 2020494836.972.48$2,497
Sep 2020387637.091.99$1,855
Aug 2020485239.982.39$2,192
Jul 2020282938.371.83$1,590
Jun 2020480734.901.69$1,504
May 2020282716.921.81$1,535
Apr 2020488714.751.80$1,659
Mar 2020480130.341.86$1,608
Feb 2020474349.881.98$1,671
Jan 2020284957.252.09$1,893
Dec 2019583259.012.30$2,212
Nov 2019280855.302.75$2,333
Oct 2019282853.472.42$2,109
Sep 2019480255.052.66$2,351
Aug 2019582053.112.30$2,155
Jul 2019282256.272.46$2,135
Jun 2019273452.782.49$1,934
May 2019486358.482.74$2,599
Apr 2019270562.632.75$2,065
Mar 2019380356.803.06$2,629
Feb 2019258550.852.79$1,735
Jan 2019267946.033.23$2,284
Dec 2018269446.594.19$2,998
Nov 2018153252.934.24$2,307
Oct 2018141461.443.40$1,468
Sep 2018453459.543.11$1,898
Aug 2018065759.403.07$2,015
Jul 2018166965.142.93$2,027
Jun 2018161860.183.08$1,962
May 2018054865.382.90$1,590
Apr 2018068963.842.90$1,999
Mar 2018070761.222.79$1,970
Feb 2018059361.782.77$1,640
Jan 2018059362.874.01$2,378
Dec 2017052157.272.92$1,522
Nov 2017041355.423.12$1,288
Oct 2017142849.292.98$1,326
Sep 2017045647.523.09$1,408
Aug 2017045845.373.00$1,376
Jul 2017045943.873.09$1,417
Jun 2017043242.493.09$1,334
May 2017049945.373.26$1,628
Apr 2017090047.933.21$2,890
Mar 201701,03246.772.98$3,079
Feb 201701,00250.452.95$2,959
Jan 2017085049.413.42$2,906
Dec 2016093748.763.72$3,488
Nov 2016097042.492.64$2,565
Oct 201601,00346.193.09$3,100
Sep 2016085641.553.10$2,654
Aug 2016096741.442.92$2,828
Jul 2016087441.622.92$2,556
Jun 2016081345.352.69$2,184
May 2016096542.521.99$1,921
Apr 201601,01136.561.99$2,013
Mar 2016092033.011.79$1,650
Feb 2016164926.472.06$1,366
Jan 2016072027.352.36$1,702
Dec 2015059832.362.00$1,197
Nov 2015055338.792.17$1,199
Oct 2015062043.552.43$1,504
Sep 2015065742.992.76$1,812
Aug 2015055640.162.87$1,597
Jul 2015078248.152.95$2,303
Jun 2015061056.152.88$1,759
May 2015068155.212.96$2,013
Apr 2015065449.822.71$1,770
Mar 2015070742.892.93$2,075
Feb 2015057044.662.98$1,696
Jan 2015063143.433.10$1,957
Dec 2014064354.693.59$2,309
Nov 2014055670.464.25$2,364
Oct 2014065378.303.90$2,547
Sep 2014056586.164.05$2,286
Aug 2014079489.394.04$3,204
Jul 2014066996.564.18$2,796
Jun 2014056798.164.74$2,686
May 2014062394.734.73$2,945
Apr 2014045695.944.81$2,193
Mar 201401,81695.895.06$9,183
Feb 201402,12097.406.19$13,127
Jan 201401,69390.404.86$8,229
Dec 201302,90891.824.35$12,663
Nov 201302,38988.853.74$8,931
Oct 201302,47797.423.78$9,361
Sep 201302,605104.113.72$9,685
Aug 201303,995104.253.52$14,073
Jul 201302,531102.523.72$9,410
Jun 201302,04994.403.93$8,060
May 201302,21994.834.15$9,207
Apr 2013054793.964.28$2,343
Mar 201301,02993.623.91$4,026
Feb 201301,48391.233.42$5,072
Jan 201301,07291.603.42$3,666
Dec 2012086786.773.42$2,965
Nov 2012098686.953.62$3,574
Oct 201205,87789.383.40$19,980
Sep 2012099194.672.92$2,892
Aug 201201,61692.662.91$4,700
Jul 20120985.133.02$27
Jun 2012282379.822.52$2,233
May 2012086091.612.49$2,140
Apr 20120891101.652.00$1,779
Mar 201211,173105.052.22$2,712
Feb 20120925101.102.57$2,377
Jan 201201,05798.092.73$2,890
Dec 201101,20996.873.24$3,917
Nov 201101,04695.723.31$3,464
Oct 2011063584.983.65$2,317
Sep 201101,31583.623.99$5,241
Aug 2011095683.404.15$3,967
Jul 2011082494.144.52$3,722
Jun 2011095192.904.64$4,413
May 201101,13798.134.40$5,008
Apr 201101,255105.964.33$5,438
Mar 201101,21496.364.06$4,926
Feb 201111,21885.644.18$5,177
Jan 201101,16286.504.59$5,332
Dec 201001,07385.734.35$4,665
Nov 201001,14780.843.80$4,353
Oct 201001,08078.103.51$3,790
Sep 2010093872.633.98$3,733
Aug 201001,05673.684.42$4,667
Jul 201001,09472.554.74$5,182
Jun 201001,17270.364.91$5,755
May 201001,03771.124.24$4,392
Apr 201001,05481.694.12$4,345
Mar 201001,01178.394.39$4,437
Feb 2010082673.585.44$4,495
Jan 201001,20874.365.96$7,205
Dec 200901,24171.445.48$6,805
Nov 2009096874.593.75$3,631
Oct 200901,05672.544.11$4,340
Sep 200911,22865.543.06$3,829
Aug 200911,29467.423.22$4,232
Jul 2009161261.133.46$2,181
Jun 2009157566.163.90$2,306
May 2009372354.743.93$3,003
Apr 200911,07046.773.59$3,885
Mar 2009170842.144.06$2,916
Feb 2009164332.814.63$3,012
Jan 200901,06935.865.37$5,742
Dec 2008151037.105.98$3,085
Nov 2008152055.496.86$3,623
Oct 2008197375.246.92$6,810
Sep 20081492101.767.88$3,977
Aug 20081791114.228.48$6,824
Jul 20082667131.0811.39$7,859
Jun 200821,025131.3313.03$13,621
May 200821,111123.1711.57$13,105
Apr 200811,040110.3110.45$10,983
Mar 200821,676101.909.66$16,401
Feb 2008161692.538.77$5,495
Jan 200821,29990.388.21$10,840
Dec 2007187688.337.30$6,485
Nov 200701,14091.677.29$8,313
Oct 2007570382.856.92$5,280
Sep 2007099175.846.24$6,188
Aug 2007285569.066.39$5,600
Jul 200711,05370.906.39$6,797
Jun 200731,15062.007.55$8,867
May 200731,26858.747.85$10,125
Apr 200741,43659.617.81$11,447
Mar 200721,01756.927.30$7,540
Feb 200711,22655.108.22$10,128
Jan 200721,26750.306.73$8,624
Dec 200651,26256.656.92$9,014
Nov 200631,52854.207.62$11,802
Oct 200611,40554.906.01$8,504
Sep 200651,57360.085.04$8,224
Aug 200621,29468.717.34$9,635
Jul 200621,29469.376.34$8,346
Jun 2006284566.286.38$5,527
May 200641,38366.016.42$9,150
Apr 200631,41664.397.36$10,616
Mar 200661,30956.707.08$9,612
Feb 200671,33357.597.75$10,735
Jan 200671,27960.598.93$11,850
Dec 200531,46354.9413.42$19,792
Nov 200561,57354.6910.59$16,984
Oct 200541,76758.3413.80$24,610
Sep 200531,46561.4512.08$17,880
Aug 200591,75661.519.80$17,757
Jul 200531,69255.697.84$13,439
Jun 200551,89652.337.38$14,256
May 200553,01045.226.65$20,246
Apr 2005213,21449.207.36$24,690
Mar 2005123,76050.377.15$27,507
Feb 2005133,54145.226.31$22,938
Jan 2005152,85943.166.32$18,723
Dec 2004121,94239.866.75$13,589
Nov 200442,51845.286.33$16,121
Oct 200462,92249.706.52$19,335
Sep 2004102,66743.245.28$14,525
Aug 200452,51442.375.55$14,166
Jul 200463,83238.286.08$23,544
Jun 200442,07136.106.43$13,467
May 200492,16737.486.49$14,411
Apr 200431,96534.475.86$11,615
Mar 200461,78334.365.53$10,066
Feb 200441,56832.455.51$8,769
Jan 2004142,25632.036.30$14,660
Dec 2003155,24830.266.30$33,525
Nov 200353,27228.804.60$15,179
Oct 200361,59728.174.76$7,770
Sep 200331,42226.314.75$6,833
Aug 200331,49729.765.13$7,768
Jul 200331,55929.415.17$8,150
Jun 200321,42528.565.98$8,583
May 200381,54426.595.97$9,435
Apr 200331,60426.675.41$8,753
Mar 2003111,54131.146.10$9,737
Feb 200371,43733.487.93$11,624
Jan 200371,67230.315.58$9,545
Dec 200271,30526.914.85$6,523
Nov 200281,74724.664.14$7,425
Oct 200231,47826.464.23$6,330
Sep 200241,43527.443.64$5,326
Aug 200241,62125.963.16$5,233
Jul 200201,79524.583.06$5,496
Jun 200201,80023.733.34$6,009
May 200201,74324.663.58$6,247
Apr 200201,70623.653.51$5,992
Mar 200201,73822.003.10$5,393
Feb 200201,86518.222.38$4,431
Jan 200202,07917.172.38$4,939
Dec 200102,04616.932.36$4,838
Nov 200101,81118.072.41$4,356
Oct 200102,03619.782.53$5,149
Sep 200102,08324.262.25$4,690
Aug 200102,16224.873.05$6,601
Jul 200101,65023.933.20$5,275
Jun 200101,88324.563.82$7,201
May 200101,98825.524.31$8,563
Apr 200102,01924.685.34$10,772
Mar 200102,15424.545.38$11,581
Feb 20010027.755.77$0
Jan 20011362,35027.478.40$23,473
Dec 200002,11526.889.12$19,294
Nov 200002,30232.215.66$13,025
Oct 200002,15031.235.15$11,063
Sep 200002,26431.875.19$11,742
Aug 200002,35329.644.54$10,684
Jul 200002,60828.534.09$10,666
Jun 200002,62929.304.40$11,560
May 200002,17027.263.68$7,985
Apr 200002,26724.513.12$7,064
Mar 200002,45928.422.86$7,032
Feb 200002,58127.622.73$7,037
Jan 200002,66025.272.48$6,598
Dec 199902,85024.282.42$6,908
Nov 199902,62623.192.43$6,392
Oct 199912,86620.982.80$8,056
Sep 199902,60221.752.62$6,814
Aug 199902,79119.262.88$8,026
Jul 199902,92517.892.37$6,939
Jun 199902,75915.942.36$6,517
May 199902,58915.792.32$6,009
Apr 199902,60715.102.21$5,756
Mar 199902,72012.471.84$5,000
Feb 199903,2309.981.82$5,871
Jan 199902,53410.381.90$4,814
Dec 199802,5289.201.77$4,483
Nov 199802,90210.892.19$6,343
Oct 199804,23512.421.97$8,340
Sep 199804,11012.592.08$8,560
Aug 199805,18011.301.91$9,880
Jul 199804,10511.742.24$9,184
Jun 199804,28511.242.24$9,587
May 199804,74412.622.21$10,467
Apr 199805,55413.042.51$13,915
Mar 199805,24812.802.31$12,120
Feb 199803,37913.952.30$7,769
Jan 199805,13214.702.15$11,058
Dec 199705,13016.322.41$12,369
Nov 199708,71518.193.09$26,914
Oct 199705,32419.253.15$16,770
Sep 199703,52717.742.95$10,422
Aug 199703,52917.862.55$9,016
Jul 199703,85717.582.25$8,666
Jun 199703,85717.242.26$8,706
May 1997013,00818.972.31$30,029
Apr 1997324,79717.882.08$10,563
Mar 199715,86418.951.94$11,390
Feb 1997297,29120.492.21$16,677
Jan 1997336,10523.483.54$22,385
Dec 1996344,53823.32$793
Nov 199605,44721.97$0
Oct 1996285,96723.31$653
Sep 199607,32522.22$0
Aug 1996297,55220.26$588
Jul 199606,76419.55$0
Jun 1996208,53718.73$375
May 1996319,52219.43$602
Apr 19962610,86621.51$559
Mar 19967910,96719.38$1,531
Feb 199614913,49716.98$2,530
Jan 199636315,80417.07$6,196
Dec 19958223,32717.19$1,410
Nov 19955116,90116.00$816
Oct 19954010,83815.43$617
Sep 19957517,72316.18$1,214
Aug 1995689,30915.92$1,083
Jul 199513824,42415.24$2,103
Jun 199519023,22416.41$3,118
May 199517437,91817.56$3,055
Apr 199536034,28717.73$6,383
Mar 199536038,83716.44$5,918
Feb 199536444,16016.58$6,035
Jan 199536548,32215.92$5,811
Dec 199436057,40215.03$5,411
Nov 199472366,37615.90$11,496
Oct 199490193,72415.58$14,038
Sep 199470983,44215.29$10,841

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             4 bbl  × $106.41 =       $426
Gas                  599 Mcf  × $  3.05 =     $1,824

────────────────────────────────────────────────────
Month total                                   $2,250

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/151290 is the state's own key, not one this site invented.