SOB MIN FEE

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 155458District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jun 1995 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
372
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 Gas112001-08-20144489
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
CondensateDisposition3,110 bbl$81,171
GasProduction799,836 Mcf$2,621,341
Total$2,702,513

196,852 Mcf of this lease's gas, across 19 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 27.3353, -99.3928. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33532, -99.39277 · 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
9,150 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 9,150 ft.

Completions filed
Jun 1995
1 of 1 wells

1 well

42-4793629629,150 ftJun 1995

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 (372)

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

372 months

May 2026129106.413.05$195
Apr 202606898.932.87$195
Mar 202628189.753.15$435
Feb 2026024263.503.75$908
Jan 2026135459.138.00$2,890
Dec 2025138256.664.41$1,743
Nov 2025118258.593.93$773
Oct 2025122559.383.30$803
Sep 2025119162.743.08$650
Aug 2025113763.933.01$477
Jul 2025018566.743.32$613
Jun 2025011866.483.13$369
May 2025018560.553.23$598
Apr 202514262.363.54$211
Mar 2025112867.704.27$614
Feb 2025114470.884.34$696
Jan 2025119174.324.28$892
Dec 2024317268.993.12$744
Nov 2024131769.052.20$766
Oct 2024138971.372.28$959
Sep 2024137469.612.36$954
Aug 2024123475.632.06$559
Jul 2024122279.932.15$556
Jun 2024121278.082.63$636
May 2024122978.812.20$582
Apr 2024122884.451.66$463
Mar 2024121780.301.55$416
Feb 2024118676.091.78$408
Jan 2024123373.023.30$841
Dec 2023122171.262.61$648
Nov 2023118977.892.81$609
Oct 2023016685.443.09$512
Sep 2023016289.042.74$443
Aug 202304780.522.67$126
Jul 202315574.852.64$220
Jun 202313368.962.26$143
May 2023227670.622.23$756
Apr 2023129178.122.24$729
Mar 2023139572.852.39$1,018
Feb 2023131175.112.47$842
Jan 2023124676.533.39$910
Dec 2022328876.415.73$1,879
Nov 2022127385.005.65$1,626
Oct 2022131587.185.86$1,934
Sep 2022120684.888.16$1,767
Aug 2022116894.529.13$1,628
Jul 20221246101.587.54$1,957
Jun 20221238115.097.98$2,014
May 20221242109.378.43$2,150
Apr 20220179104.226.84$1,224
Mar 20221116108.885.08$698
Feb 2022225891.054.86$1,436
Jan 2022130481.844.54$1,461
Dec 2021030371.323.90$1,181
Nov 2021016977.435.24$885
Oct 2021112079.795.71$765
Sep 2021015569.865.35$829
Aug 2021013866.024.22$582
Jul 202112670.783.98$174
Jun 2021122569.493.38$830
May 2021125463.483.02$830
Apr 2021119860.362.76$607
Mar 2021125261.302.72$746
Feb 2021017257.805.55$954
Jan 2021016150.412.81$452
Dec 2020122144.642.68$636
Nov 2020124038.772.71$688
Oct 2020122836.972.48$602
Sep 2020118637.091.99$407
Aug 2020115239.982.39$403
Jul 2020015938.371.83$290
Jun 2020120534.901.69$381
May 2020021016.921.81$381
Apr 2020114714.751.80$280
Mar 2020116930.341.86$344
Feb 2020118649.881.98$418
Jan 2020121257.252.09$501
Dec 2019121659.012.30$557
Nov 2019120755.302.75$625
Oct 2019020753.472.42$501
Sep 2019119955.052.66$584
Aug 2019230453.112.30$807
Jul 2019144256.272.46$1,144
Jun 2019127252.782.49$730
May 2019128758.482.74$845
Apr 2019116862.632.75$525
Mar 2019113356.803.06$464
Feb 2019121050.852.79$637
Jan 2019126446.033.23$898
Dec 2018113646.594.19$616
Nov 2018015952.934.24$674
Oct 2018016361.443.40$554
Sep 2018117759.543.11$610
Aug 2018019159.403.07$586
Jul 2018117265.142.93$569
Jun 2018018460.183.08$566
May 2018014265.382.90$412
Apr 2018013763.842.90$397
Mar 2018015761.222.79$438
Feb 2018012961.782.77$357
Jan 2018016362.874.01$654
Dec 2017016457.272.92$479
Nov 2017014455.423.12$449
Oct 2017017649.292.98$525
Sep 2017014747.523.09$454
Aug 2017015045.373.00$451
Jul 2017016143.873.09$497
Jun 2017012642.493.09$389
May 201708245.373.26$268
Apr 2017022747.933.21$729
Mar 2017033946.772.98$1,011
Feb 2017023150.452.95$682
Jan 2017014349.413.42$489
Dec 2016015648.763.72$581
Nov 2016016442.492.64$434
Oct 2016016046.193.09$494
Sep 2016029541.553.10$915
Aug 2016025141.442.92$734
Jul 2016014541.622.92$424
Jun 2016015945.352.69$427
May 2016017942.521.99$356
Apr 2016015136.561.99$301
Mar 2016015133.011.79$271
Feb 2016012626.472.06$260
Jan 2016014027.352.36$331
Dec 2015016632.362.00$332
Nov 2015020238.792.17$438
Oct 2015021243.552.43$514
Sep 2015020842.992.76$574
Aug 2015022940.162.87$658
Jul 2015021548.152.95$633
Jun 2015019856.152.88$571
May 20150055.212.96$0
Apr 2015014949.822.71$403
Mar 2015015842.892.93$464
Feb 2015021644.662.98$643
Jan 2015026643.433.10$825
Dec 2014021754.693.59$779
Nov 2014031470.464.25$1,335
Oct 2014031278.303.90$1,217
Sep 2014023386.164.05$943
Aug 2014021889.394.04$880
Jul 2014024696.564.18$1,028
Jun 2014021998.164.74$1,037
May 2014037594.734.73$1,772
Apr 2014039495.944.81$1,895
Mar 2014017195.895.06$865
Feb 2014019297.406.19$1,189
Jan 2014030090.404.86$1,458
Dec 2013040791.824.35$1,772
Nov 2013037488.853.74$1,398
Oct 2013028397.423.78$1,070
Sep 20130250104.113.72$929
Aug 201300104.253.52$0
Jul 20130301102.523.72$1,119
Jun 2013027394.403.93$1,074
May 2013048894.834.15$2,025
Apr 2013027493.964.28$1,173
Mar 20130093.623.91$0
Feb 2013061091.233.42$2,086
Jan 2013032691.603.42$1,115
Dec 2012031786.773.42$1,084
Nov 2012037386.953.62$1,352
Oct 2012040889.383.40$1,387
Sep 2012036794.672.92$1,071
Aug 2012067192.662.91$1,951
Jul 20120285.133.02$6
Jun 2012131579.822.52$873
May 2012053791.612.49$1,336
Apr 20120501101.652.00$1,000
Mar 20121233105.052.22$623
Feb 20120221101.102.57$568
Jan 2012072998.092.73$1,993
Dec 2011035396.873.24$1,144
Nov 2011036995.723.31$1,222
Oct 2011041684.983.65$1,518
Sep 2011038283.623.99$1,523
Aug 2011038183.404.15$1,581
Jul 2011043494.144.52$1,960
Jun 2011043192.904.64$2,000
May 2011056398.134.40$2,480
Apr 20110529105.964.33$2,292
Mar 2011038596.364.06$1,562
Feb 2011249585.644.18$2,240
Jan 2011063486.504.59$2,909
Dec 2010053885.734.35$2,339
Nov 2010050880.843.80$1,928
Oct 2010029178.103.51$1,021
Sep 2010056072.633.98$2,229
Aug 2010035373.684.42$1,560
Jul 2010092372.554.74$4,372
Jun 2010065270.364.91$3,202
May 2010070471.124.24$2,982
Apr 2010068281.694.12$2,812
Mar 2010071178.394.39$3,120
Feb 2010083673.585.44$4,550
Jan 2010047374.365.96$2,821
Dec 200901,22371.445.48$6,707
Nov 200901,08674.593.75$4,074
Oct 200901,10072.544.11$4,521
Sep 200921,39465.543.06$4,403
Aug 200911,66567.423.22$5,426
Jul 200911,11861.133.46$3,934
Jun 2009197266.163.90$3,852
May 200941,25654.743.93$5,150
Apr 200921,12346.773.59$4,122
Mar 200921,18042.144.06$4,874
Feb 200911,12832.814.63$5,259
Jan 200911,27435.865.37$6,879
Dec 200841,33137.105.98$8,104
Nov 200831,32555.496.86$9,256
Oct 200821,67875.246.92$11,766
Sep 200821,323101.767.88$10,625
Aug 200831,304114.228.48$11,405
Jul 200841,846131.0811.39$21,549
Jun 200852,254131.3313.03$30,032
May 200842,710123.1711.57$31,859
Apr 200822,248110.3110.45$23,723
Mar 200832,108101.909.66$20,678
Feb 200832,19692.538.77$19,538
Jan 200842,40490.388.21$20,088
Dec 200732,66888.337.30$19,747
Nov 200702,47191.677.29$18,018
Oct 2007142,19182.856.92$16,326
Sep 200702,44075.846.24$15,236
Aug 200772,90969.066.39$19,066
Jul 200732,82670.906.39$18,265
Jun 200762,54262.007.55$19,560
May 200753,18658.747.85$25,292
Apr 200792,58859.617.81$20,736
Mar 200752,42256.927.30$17,970
Feb 200732,48255.108.22$20,557
Jan 200752,57950.306.73$17,600
Dec 200692,82456.656.92$20,048
Nov 200652,78754.207.62$21,501
Oct 200632,70154.906.01$16,408
Sep 2006123,02260.085.04$15,943
Aug 200652,79168.717.34$20,829
Jul 200652,79669.376.34$18,081
Jun 200662,96266.286.38$19,307
May 200683,23266.016.42$21,294
Apr 200672,94064.397.36$22,091
Mar 2006132,62856.707.08$19,351
Feb 2006132,58457.597.75$20,778
Jan 2006132,49460.598.93$23,067
Dec 200542,40154.9413.42$32,430
Nov 200592,48754.6910.59$26,826
Oct 200562,67958.3413.80$37,309
Sep 200541,82261.4512.08$22,254
Aug 200592,21761.519.80$22,273
Jul 200531,90755.697.84$15,125
Jun 200552,21852.337.38$16,633
May 200542,15945.226.65$14,541
Apr 2005132,23049.207.36$17,053
Mar 200572,18450.377.15$15,979
Feb 2005112,28545.226.31$14,920
Jan 200552,61643.166.32$16,755
Dec 2004122,28239.866.75$15,884
Nov 200442,55445.286.33$16,349
Oct 200462,61849.706.52$17,355
Sep 200492,51843.245.28$13,694
Aug 2004592,68342.375.55$17,392
Jul 200462,68238.286.08$16,547
Jun 200452,83236.106.43$18,399
May 2004143,00137.486.49$20,015
Apr 200443,18834.475.86$18,815
Mar 2004102,78734.365.53$15,756
Feb 200462,60732.455.51$14,558
Jan 2004122,68832.036.30$17,318
Dec 200392,35430.266.30$15,106
Nov 200352,47428.804.60$11,512
Oct 2003102,72428.174.76$13,247
Sep 200362,52526.314.75$12,150
Aug 200362,82429.765.13$14,665
Jul 200362,86929.415.17$15,012
Jun 200343,22728.565.98$19,421
May 2003143,02626.595.97$18,446
Apr 200362,97626.675.41$16,252
Mar 2003223,24631.146.10$20,473
Feb 2003142,83133.487.93$22,907
Jan 2003153,28530.315.58$18,792
Dec 2002143,01426.914.85$15,006
Nov 2002142,71824.664.14$11,590
Oct 200273,19926.464.23$13,714
Sep 200292,77027.443.64$10,316
Aug 200293,31625.963.16$10,726
Jul 200203,09924.583.06$9,488
Jun 200203,38123.733.34$11,287
May 200203,31924.663.58$11,895
Apr 200203,39723.653.51$11,931
Mar 200203,39522.003.10$10,534
Feb 200203,17518.222.38$7,543
Jan 200203,69017.172.38$8,766
Dec 200103,75416.932.36$8,876
Nov 200103,50518.072.41$8,431
Oct 200103,82219.782.53$9,665
Sep 20011263,22124.262.25$10,308
Aug 200104,01624.873.05$12,261
Jul 200103,94623.933.20$12,616
Jun 200103,59224.563.82$13,736
May 200103,94525.524.31$16,992
Apr 200104,17124.685.34$22,254
Mar 200103,57224.545.38$19,205
Feb 200104,02327.755.77$23,201
Jan 2001444,45627.478.40$38,634
Dec 200003,83326.889.12$34,967
Nov 200004,08632.215.66$23,119
Oct 200004,26331.235.15$21,935
Sep 200003,95231.875.19$20,497
Aug 200004,26829.644.54$19,380
Jul 200004,33828.534.09$17,741
Jun 200004,15129.304.40$18,253
May 200004,38027.263.68$16,117
Apr 200003,94324.513.12$12,286
Mar 200004,53128.422.86$12,958
Feb 200004,31327.622.73$11,759
Jan 200004,48025.272.48$11,113
Dec 199904,41024.282.42$10,689
Nov 199904,34623.192.43$10,578
Oct 199904,66820.982.80$13,088
Sep 199904,49221.752.62$11,764
Aug 19991525,03819.262.88$17,415
Jul 199905,09017.892.37$12,075
Jun 199904,71915.942.36$11,147
May 199904,78415.792.32$11,104
Apr 199904,47715.102.21$9,885
Mar 199904,80812.471.84$8,839
Feb 199905,4819.981.82$9,963
Jan 199904,35210.381.90$8,269
Dec 199805,2229.201.77$9,260
Nov 199805,29310.892.19$11,569
Oct 199805,79012.421.97$11,402
Sep 19981585,89712.592.08$14,270
Aug 199805,99911.301.91$11,442
Jul 199806,10211.742.24$13,652
Jun 199805,76411.242.24$12,896
May 199806,11912.622.21$13,501
Apr 199805,88313.042.51$14,739
Mar 199806,17112.802.31$14,252
Feb 199805,65213.952.30$12,995
Jan 19981626,57014.702.15$16,538
Dec 1997156,60016.322.41$16,158
Nov 199706,92918.193.09$21,399
Oct 199777,02819.253.15$22,272
Sep 1997357,15517.742.95$21,763
Aug 199707,48117.862.55$19,112
Jul 199717,84417.582.25$17,643
Jun 199717,84417.242.26$17,723
May 199707,46318.972.31$17,228
Apr 19971068,26817.882.08$19,116
Mar 199728,90318.951.94$17,302
Feb 1997988,50320.492.21$20,765
Jan 19971149,61923.483.54$36,725
Dec 199611510,64823.32$2,682
Nov 1996010,98721.97$0
Oct 19968911,86223.31$2,075
Sep 1996012,01122.22$0
Aug 19969410,24120.26$1,904
Jul 1996014,78619.55$0
Jun 199610815,08018.73$2,023
May 199611118,69719.43$2,157
Apr 19961136,38321.51$2,431
Mar 19961817,00519.38$3,508
Feb 1996984,98416.98$1,664
Jan 19961847,27017.07$3,141
Dec 1995597,58617.19$1,014
Nov 1995467,05416.00$736
Oct 1995457,58415.43$694
Sep 19951207,62716.18$1,942
Aug 1995416,00815.92$64
Jul 1995813,59415.24$122
Jun 1995187,44516.41$295

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             1 bbl  × $106.41 =       $106
Gas                   29 Mcf  × $  3.05 =        $88

────────────────────────────────────────────────────
Month total                                     $195

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/155458 is the state's own key, not one this site invented.