HEREFORD -T-

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 169352District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
May 1998 – May 2026
Value, last 12 filed months
$54 k
at the published price for each month
Months reported
337
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 Gas112001-08-20144485
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
CondensateDisposition15,643 bbl$273,830
GasProduction3,217,457 Mcf$9,719,792
Total$9,993,622

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 27.3502, -99.4288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35023, -99.42885 · 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
9,219 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 9,219 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-47936898469,219 ftMay 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 (337)

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

337 months

May 202661,283106.413.05$4,546
Apr 202661,30098.932.87$4,324
Mar 202631,10689.753.15$3,753
Feb 202601,02563.503.75$3,844
Jan 2026499359.138.00$8,178
Dec 2025586456.664.41$4,096
Nov 202541,10258.593.93$4,561
Oct 2025581159.383.30$2,977
Sep 2025599362.743.08$3,369
Aug 202561,47463.933.01$4,827
Jul 202561,45066.743.32$5,207
Jun 202551,33666.483.13$4,512
May 202571,12160.553.23$4,047
Apr 202571,12362.363.54$4,415
Mar 202541,34367.704.27$6,003
Feb 202541,04670.884.34$4,824
Jan 202561,23074.324.28$5,709
Dec 2024131,05768.993.12$4,196
Nov 202451,35669.052.20$3,326
Oct 202451,60771.372.28$4,023
Sep 202461,56669.612.36$4,120
Aug 2024111,52675.632.06$3,981
Jul 202451,37579.932.15$3,351
Jun 202491,44378.082.63$4,504
May 202451,25778.812.20$3,157
Apr 2024101,09384.451.66$2,658
Mar 202451,52680.301.55$2,759
Feb 202441,27176.091.78$2,571
Jan 202451,30773.023.30$4,675
Dec 202391,50371.262.61$4,565
Nov 202341,30377.892.81$3,970
Oct 202341,30285.443.09$4,361
Sep 202381,37189.042.74$4,462
Aug 202341,40480.522.67$4,075
Jul 202371,50374.852.64$4,495
Jun 202341,30168.962.26$3,214
May 202371,28570.622.23$3,357
Apr 202331,25178.122.24$3,034
Mar 202331,04572.852.39$2,719
Feb 2023274875.112.47$1,995
Jan 2023167776.533.39$2,370
Dec 2022328176.415.73$1,839
Nov 2022240085.005.65$2,428
Oct 2022344687.185.86$2,877
Sep 2022248684.888.16$4,137
Aug 2022246894.529.13$4,461
Jul 20222561101.587.54$4,434
Jun 202261,014115.097.98$8,779
May 202251,003109.378.43$9,005
Apr 202231,574104.226.84$11,075
Mar 202251,752108.885.08$9,438
Feb 202281,19291.054.86$6,520
Jan 202261,52881.844.54$7,425
Dec 202161,70571.323.90$7,076
Nov 202101,41377.435.24$7,400
Oct 20211098879.795.71$6,443
Sep 202141,78569.865.35$9,831
Aug 202191,61866.024.22$7,423
Jul 202161,36470.783.98$5,856
Jun 202151,72069.493.38$6,162
May 202171,75963.483.02$5,752
Apr 202161,75060.362.76$5,189
Mar 202171,23161.302.72$3,774
Feb 202151,05757.805.55$6,153
Jan 202161,66150.412.81$4,970
Dec 202061,77344.642.68$5,011
Nov 2020111,94338.772.71$5,685
Oct 202091,92036.972.48$5,091
Sep 202091,75437.091.99$3,826
Aug 202081,88439.982.39$4,813
Jul 202051,35238.371.83$2,659
Jun 2020101,48334.901.69$2,856
May 202051,78316.921.81$3,320
Apr 2020101,82514.751.80$3,440
Mar 2020102,11930.341.86$4,237
Feb 2020101,81949.881.98$4,102
Jan 202071,83357.252.09$4,240
Dec 2019152,09059.012.30$5,701
Nov 201962,29655.302.75$6,647
Oct 201952,23153.472.42$5,663
Sep 2019112,24555.052.66$6,571
Aug 2019142,39553.112.30$6,262
Jul 201952,20556.272.46$5,706
Jun 201962,05752.782.49$5,441
May 2019122,35458.482.74$7,152
Apr 201971,85162.632.75$5,530
Mar 2019142,39956.803.06$8,141
Feb 201982,36950.852.79$7,022
Jan 2019122,50846.033.23$8,649
Dec 2018162,49846.594.19$11,201
Nov 201862,56252.934.24$11,173
Oct 201872,72761.443.40$9,697
Sep 2018212,75559.543.11$9,813
Aug 201802,57459.403.07$7,893
Jul 2018152,79965.142.93$9,183
Jun 201893,52760.183.08$11,394
May 201803,36865.382.90$9,770
Apr 201803,62063.842.90$10,501
Mar 201813,53361.222.79$9,907
Feb 201803,68861.782.77$10,201
Jan 201804,29562.874.01$17,220
Dec 201704,12257.272.92$12,043
Nov 201703,70255.423.12$11,544
Oct 201704,00949.292.98$11,962
Sep 201703,92447.523.09$12,114
Aug 201703,95645.373.00$11,885
Jul 201704,19443.873.09$12,948
Jun 201704,06242.493.09$12,541
May 201703,90545.373.26$12,744
Apr 201703,36347.933.21$10,801
Mar 201702,29046.772.98$6,833
Feb 2017088350.452.95$2,607
Jan 2017095049.413.42$3,248
Dec 2016071548.763.72$2,662
Nov 2016093342.492.64$2,467
Oct 2016078446.193.09$2,423
Sep 2016074541.553.10$2,310
Aug 2016080541.442.92$2,354
Jul 2016068541.622.92$2,003
Jun 2016067145.352.69$1,802
May 2016083942.521.99$1,670
Apr 2016072936.561.99$1,451
Mar 2016076433.011.79$1,371
Feb 2016177026.472.06$1,615
Jan 2016085427.352.36$2,019
Dec 2015085432.362.00$1,709
Nov 2015077938.792.17$1,688
Oct 2015082843.552.43$2,009
Sep 2015084042.992.76$2,317
Aug 2015086140.162.87$2,473
Jul 2015076248.152.95$2,244
Jun 2015078456.152.88$2,260
May 2015084555.212.96$2,497
Apr 2015076949.822.71$2,081
Mar 2015078342.892.93$2,298
Feb 2015066844.662.98$1,988
Jan 2015068243.433.10$2,115
Dec 2014045454.693.59$1,630
Nov 2014048070.464.25$2,041
Oct 2014043378.303.90$1,689
Sep 2014038286.164.05$1,545
Aug 2014027489.394.04$1,106
Jul 2014032596.564.18$1,358
Jun 2014036698.164.74$1,734
May 2014042694.734.73$2,014
Apr 2014043295.944.81$2,078
Mar 2014046795.895.06$2,362
Feb 2014040497.406.19$2,502
Jan 2014049490.404.86$2,401
Dec 2013049091.824.35$2,134
Nov 2013047488.853.74$1,772
Oct 2013057197.423.78$2,158
Sep 20130452104.113.72$1,680
Aug 20130295104.253.52$1,039
Jul 20130383102.523.72$1,424
Jun 2013038394.403.93$1,507
May 2013049994.834.15$2,070
Apr 2013064593.964.28$2,762
Mar 2013075693.623.91$2,958
Feb 2013054691.233.42$1,867
Jan 2013054991.603.42$1,878
Dec 2012060386.773.42$2,062
Nov 2012061286.953.62$2,218
Oct 2012061789.383.40$2,098
Sep 2012059094.672.92$1,722
Aug 2012055292.662.91$1,605
Jul 20120585.133.02$15
Jun 2012152879.822.52$1,410
May 2012056191.612.49$1,396
Apr 20120590101.652.00$1,178
Mar 20120688105.052.22$1,529
Feb 20120680101.102.57$1,748
Jan 2012073598.092.73$2,010
Dec 2011076296.873.24$2,469
Nov 2011058095.723.31$1,921
Oct 2011069784.983.65$2,543
Sep 2011055083.623.99$2,192
Aug 2011053083.404.15$2,199
Jul 2011261894.144.52$2,980
Jun 2011063392.904.64$2,937
May 2011066798.134.40$2,938
Apr 20110688105.964.33$2,981
Mar 2011075196.364.06$3,047
Feb 2011164785.644.18$2,790
Jan 2011072786.504.59$3,336
Dec 201001,85185.734.35$8,048
Nov 201001,97280.843.80$7,484
Oct 201001,15478.103.51$4,049
Sep 2010095672.633.98$3,804
Aug 2010081673.684.42$3,606
Jul 2010087972.554.74$4,163
Jun 2010090870.364.91$4,459
May 2010095771.124.24$4,053
Apr 2010093481.694.12$3,851
Mar 2010086078.394.39$3,774
Feb 2010084473.585.44$4,593
Jan 2010095974.365.96$5,720
Dec 2009086071.445.48$4,716
Nov 200901,09974.593.75$4,123
Oct 200901,02172.544.11$4,197
Sep 2009191865.543.06$2,879
Aug 2009184067.423.22$2,771
Jul 2009191161.133.46$3,217
Jun 2009182766.163.90$3,287
May 2009296254.743.93$3,886
Apr 200921,25046.773.59$4,578
Mar 200931,49242.144.06$6,182
Feb 200921,93932.814.63$9,049
Jan 200932,28135.865.37$12,359
Dec 200872,88637.105.98$17,510
Nov 200852,46155.496.86$17,161
Oct 200832,59175.246.92$18,161
Sep 200862,984101.767.88$24,116
Aug 200853,006114.228.48$26,071
Jul 200822,695131.0811.39$30,957
Jun 200872,899131.3313.03$38,701
May 200852,936123.1711.57$34,598
Apr 200833,156110.3110.45$33,326
Mar 200853,469101.909.66$34,034
Feb 200831,95392.538.77$17,407
Jan 200823,31190.388.21$27,350
Dec 200743,01088.337.30$22,332
Nov 200702,91791.677.29$21,270
Oct 200782,65582.856.92$19,041
Sep 200702,27575.846.24$14,205
Aug 200772,95969.066.39$19,385
Jul 200743,27670.906.39$21,210
Jun 200773,17062.007.55$24,363
May 200763,35558.747.85$26,677
Apr 2007113,12859.617.81$25,070
Mar 200773,33956.927.30$24,780
Feb 200742,96655.108.22$24,589
Jan 2007114,96350.306.73$33,939
Dec 200665,46856.656.92$38,170
Nov 2006105,43654.207.62$41,951
Oct 2006114,87254.906.01$29,903
Sep 2006105,31160.085.04$27,353
Aug 200695,24068.717.34$39,080
Jul 200695,12669.376.34$33,137
Jun 200694,37866.286.38$28,545
May 2006114,82266.016.42$31,707
Apr 200692,95864.397.36$22,352
Mar 2006103,76556.707.08$27,234
Feb 2006113,62657.597.75$28,739
Jan 2006174,21460.598.93$38,675
Dec 200573,96954.9413.42$53,630
Nov 200574,04554.6910.59$43,213
Oct 2005164,28058.3413.80$59,979
Sep 200583,31961.4512.08$40,582
Aug 2005194,91861.519.80$49,350
Jul 2005144,18055.697.84$33,566
Jun 2005135,32052.337.38$39,947
May 2005154,85345.226.65$32,956
Apr 2005265,18849.207.36$39,465
Mar 2005674,93350.377.15$38,670
Feb 200584,11945.226.31$26,361
Jan 2005245,27343.166.32$34,373
Dec 2004145,19339.866.75$35,616
Nov 2004155,54145.286.33$35,756
Oct 2004145,41949.706.52$36,001
Sep 2004115,70243.245.28$30,604
Aug 200496,61042.375.55$37,071
Jul 2004125,21238.286.08$32,170
Jun 200452,12536.106.43$13,851
May 20041682,55637.486.49$22,897
Apr 200442,40534.475.86$14,227
Mar 200442,54534.365.53$14,212
Feb 2004122,57132.455.51$14,555
Jan 2004215,37232.036.30$34,514
Dec 2003166,05430.266.30$38,634
Nov 2003145,88728.804.60$27,455
Oct 2003116,85928.174.76$32,956
Sep 2003206,31426.314.75$30,514
Aug 2003135,19129.765.13$27,015
Jul 2003115,83829.415.17$30,511
Jun 200385,29128.565.98$31,884
May 20031695,69326.595.97$38,496
Apr 2003124,92026.675.41$26,924
Mar 2003226,41631.146.10$39,797
Feb 2003255,97233.487.93$48,170
Jan 2003147,31830.315.58$41,274
Dec 2002225,56726.914.85$27,613
Nov 2002237,20024.664.14$30,353
Oct 2002167,08926.464.23$30,404
Sep 2002237,56627.443.64$28,135
Aug 2002238,76925.963.16$28,344
Jul 200208,78724.583.06$26,904
Jun 200288,88423.733.34$29,847
May 200209,26024.663.58$33,188
Apr 200206,88923.653.51$24,196
Mar 200209,66022.003.10$29,972
Feb 200209,18118.222.38$21,811
Jan 200209,50417.172.38$22,578
Dec 20011349,03116.932.36$23,622
Nov 200109,30918.072.41$22,393
Oct 2001012,47619.782.53$31,550
Sep 2001012,09924.262.25$27,239
Aug 2001012,39724.873.05$37,850
Jul 2001013,39623.933.20$42,828
Jun 2001013,01324.563.82$49,764
May 200116213,89025.524.31$63,963
Apr 2001014,17624.685.34$75,634
Mar 2001015,72724.545.38$84,555
Feb 2001014,52427.755.77$83,761
Jan 2001017,96727.478.40$150,901
Dec 2000015,17926.889.12$138,470
Nov 2000017,39732.215.66$98,432
Oct 200015716,87031.235.15$91,708
Sep 2000016,37031.875.19$84,903
Aug 2000019,30729.644.54$87,668
Jul 2000020,95228.534.09$85,688
Jun 2000022,97329.304.40$101,018
May 200016624,89727.263.68$96,140
Apr 2000026,77324.513.12$83,425
Mar 2000030,17628.422.86$86,296
Feb 2000031,55727.622.73$86,040
Jan 200017939,92325.272.48$103,552
Dec 1999040,37824.282.42$97,865
Nov 199918336,80323.192.43$93,822
Oct 199917842,25920.982.80$122,216
Sep 199918044,79621.752.62$121,229
Aug 199919142,75019.262.88$126,611
Jul 199918153,70317.892.37$130,641
Jun 199936159,24315.942.36$145,692
May 199917269,64715.792.32$164,368
Apr 199936075,92615.102.21$173,084
Mar 199935592,20112.471.84$173,923
Feb 199936167,4599.981.82$126,229
Jan 1999543114,43510.381.90$223,057
Dec 199853390,2009.201.77$164,857
Nov 1998539118,75110.892.19$265,426
Oct 1998705153,12212.421.97$310,285
Sep 19981,242180,21012.592.08$390,946
Aug 19981,544228,37211.301.91$453,033
Jul 19982,433286,61211.742.24$669,792
Jun 19982,926285,30711.242.24$671,197
May 1998014,51412.622.21$32,023

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             6 bbl  × $106.41 =       $638
Gas                1,283 Mcf  × $  3.05 =     $3,908

────────────────────────────────────────────────────
Month total                                   $4,546

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/169352 is the state's own key, not one this site invented.