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 170303District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Jul 1998 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
335
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 Gas112001-08-20144484
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
CondensateDisposition4,227 bbl$111,879
GasProduction1,621,967 Mcf$5,778,557
Total$5,890,436

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 27.3658, -99.4373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36577, -99.43735 · 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
7,926 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 7,926 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-47937010457,926 ftJul 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 (335)

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

335 months

May 20263300106.413.05$1,233
Apr 2026334198.932.87$1,275
Mar 2026532189.753.15$1,460
Feb 2026036363.503.75$1,361
Jan 202651,16359.138.00$9,597
Dec 202541,23156.664.41$5,659
Nov 202521,22958.593.93$4,943
Oct 202521,01959.383.30$3,486
Sep 2025242762.743.08$1,439
Aug 2025234663.933.01$1,171
Jul 2025143366.743.32$1,502
Jun 2025145766.483.13$1,496
May 2025133260.553.23$1,134
Apr 2025226262.363.54$1,053
Mar 2025240667.704.27$1,868
Feb 2025237670.884.34$1,774
Jan 2025244774.324.28$2,061
Dec 2024437068.993.12$1,431
Nov 2024240369.052.20$1,024
Oct 2024147471.372.28$1,153
Sep 2024148769.612.36$1,221
Aug 2024352075.632.06$1,300
Jul 2024251079.932.15$1,255
Jun 2024454978.082.63$1,758
May 2024250678.812.20$1,270
Apr 2024359884.451.66$1,246
Mar 2024252980.301.55$978
Feb 2024253576.091.78$1,106
Jan 2024246273.023.30$1,670
Dec 2023348571.262.61$1,480
Nov 2023144177.892.81$1,316
Oct 2023153185.443.09$1,725
Sep 2023328589.042.74$1,047
Aug 2023258280.522.67$1,717
Jul 2023579274.852.64$2,467
Jun 2023348568.962.26$1,302
May 202351,00270.622.23$2,585
Apr 2023280978.122.24$1,967
Mar 2023284372.852.39$2,163
Feb 2023171675.112.47$1,841
Jan 2023265876.533.39$2,382
Dec 2022469776.415.73$4,299
Nov 2022346785.005.65$2,892
Oct 2022657387.185.86$3,883
Sep 2022380084.888.16$6,786
Aug 202241,17194.529.13$11,066
Jul 202251,539101.587.54$12,115
Jun 202291,716115.097.98$14,725
May 202221,916109.378.43$16,376
Apr 20222985104.226.84$6,943
Mar 20223678108.885.08$3,768
Feb 2022568391.054.86$3,774
Jan 2022486881.844.54$4,266
Dec 202141,07471.323.90$4,473
Nov 202101,23477.435.24$6,462
Oct 2021882679.795.71$5,358
Sep 202141,34769.865.35$7,487
Aug 2021111,46666.024.22$6,914
Jul 202151,55570.783.98$6,546
Jun 202151,63569.493.38$5,875
May 2021111,84363.483.02$6,260
Apr 2021111,83060.362.76$5,712
Mar 2021102,35061.302.72$6,998
Feb 202161,59657.805.55$9,201
Jan 202161,74950.412.81$5,218
Dec 202051,98044.642.68$5,521
Nov 2020111,83338.772.71$5,388
Oct 2020112,02936.972.48$5,435
Sep 2020112,20037.091.99$4,788
Aug 2020102,12539.982.39$5,468
Jul 202042,25138.371.83$4,262
Jun 202081,98634.901.69$3,636
May 202042,06216.921.81$3,810
Apr 202092,07014.751.80$3,868
Mar 2020111,72930.341.86$3,543
Feb 2020121,88049.881.98$4,322
Jan 202062,33657.252.09$5,237
Dec 2019152,26759.012.30$6,109
Nov 201962,26855.302.75$6,570
Oct 201952,36253.472.42$5,980
Sep 2019102,22855.052.66$6,471
Aug 2019132,28653.112.30$5,958
Jul 201952,34856.272.46$6,058
Jun 201952,18652.782.49$5,710
May 2019112,21158.482.74$6,702
Apr 201961,60062.632.75$4,777
Mar 2019121,86056.803.06$6,377
Feb 201952,31150.852.79$6,707
Jan 201982,31046.033.23$7,825
Dec 2018112,10046.594.19$9,302
Nov 201861,91852.934.24$8,445
Oct 201862,08961.443.40$7,467
Sep 2018162,50859.543.11$8,748
Aug 201802,19459.403.07$6,728
Jul 2018102,20865.142.93$7,125
Jun 201852,17360.183.08$6,987
May 201802,08065.382.90$6,034
Apr 201802,14063.842.90$6,208
Mar 201801,93361.222.79$5,387
Feb 201802,05661.782.77$5,687
Jan 201812,42362.874.01$9,777
Dec 201702,48757.272.92$7,266
Nov 201702,49155.423.12$7,768
Oct 201702,65549.292.98$7,922
Sep 201702,62547.523.09$8,104
Aug 201702,68445.373.00$8,064
Jul 201702,70243.873.09$8,342
Jun 201702,37742.493.09$7,338
May 201702,62145.373.26$8,553
Apr 201702,68247.933.21$8,614
Mar 201702,68646.772.98$8,014
Feb 201701,84150.452.95$5,436
Jan 201702,01449.413.42$6,885
Dec 201602,17348.763.72$8,090
Nov 201601,82742.492.64$4,831
Oct 201602,14846.193.09$6,638
Sep 201601,71941.553.10$5,330
Aug 201601,57041.442.92$4,591
Jul 2016098141.622.92$2,869
Jun 2016082845.352.69$2,224
May 2016088342.521.99$1,758
Apr 2016080936.561.99$1,611
Mar 2016084533.011.79$1,516
Feb 2016168926.472.06$1,448
Jan 2016076527.352.36$1,809
Dec 2015083732.362.00$1,675
Nov 2015073238.792.17$1,586
Oct 2015084243.552.43$2,043
Sep 2015086442.992.76$2,383
Aug 2015090640.162.87$2,602
Jul 2015074148.152.95$2,182
Jun 2015076056.152.88$2,191
May 2015080155.212.96$2,367
Apr 2015081749.822.71$2,211
Mar 2015085242.892.93$2,500
Feb 2015080244.662.98$2,387
Jan 2015094343.433.10$2,924
Dec 2014086054.693.59$3,089
Nov 2014078470.464.25$3,333
Oct 2014088478.303.90$3,448
Sep 2014077186.164.05$3,119
Aug 2014084289.394.04$3,398
Jul 2014083396.564.18$3,482
Jun 2014081498.164.74$3,856
May 2014079694.734.73$3,762
Apr 2014079595.944.81$3,823
Mar 2014081295.895.06$4,106
Feb 2014066697.406.19$4,124
Jan 2014075390.404.86$3,660
Dec 2013094491.824.35$4,111
Nov 2013084588.853.74$3,159
Oct 201301,07297.423.78$4,051
Sep 20130870104.113.72$3,234
Aug 20130745104.253.52$2,624
Jul 201301,020102.523.72$3,792
Jun 2013096994.403.93$3,811
May 2013095794.834.15$3,971
Apr 2013087593.964.28$3,747
Mar 2013091293.623.91$3,569
Feb 2013065591.233.42$2,240
Jan 2013084291.603.42$2,880
Dec 2012095486.773.42$3,263
Nov 2012093386.953.62$3,382
Oct 201201,05889.383.40$3,597
Sep 2012096594.672.92$2,816
Aug 201201,01292.662.91$2,943
Jul 20120985.133.02$27
Jun 201221,15779.822.52$3,074
May 201201,20291.612.49$2,991
Apr 201201,088101.652.00$2,173
Mar 201201,229105.052.22$2,731
Feb 20120911101.102.57$2,341
Jan 2012098398.092.73$2,688
Dec 201101,02396.873.24$3,314
Nov 201101,03595.723.31$3,427
Oct 201101,21384.983.65$4,426
Sep 2011090283.623.99$3,595
Aug 2011097883.404.15$4,058
Jul 201121,04294.144.52$4,895
Jun 201101,00692.904.64$4,668
May 201101,13698.134.40$5,004
Apr 201101,271105.964.33$5,508
Mar 201101,21696.364.06$4,934
Feb 201121,11085.644.18$4,811
Jan 2011093386.504.59$4,281
Dec 201001,30485.734.35$5,669
Nov 201001,27580.843.80$4,839
Oct 201001,19578.103.51$4,193
Sep 201001,34672.633.98$5,356
Aug 201001,40473.684.42$6,205
Jul 201001,34472.554.74$6,366
Jun 201001,45470.364.91$7,140
May 201001,65571.124.24$7,009
Apr 201001,53881.694.12$6,341
Mar 201001,76178.394.39$7,728
Feb 201001,44573.585.44$7,864
Jan 201001,93374.365.96$11,529
Dec 200901,64971.445.48$9,043
Nov 200902,47574.593.75$9,285
Oct 200901,89772.544.11$7,797
Sep 200921,76165.543.06$5,528
Aug 200911,64067.423.22$5,346
Jul 200911,34661.133.46$4,724
Jun 200911,44966.163.90$5,710
May 200931,62154.743.93$6,528
Apr 200931,82446.773.59$6,684
Mar 200931,74842.144.06$7,222
Feb 200921,31332.814.63$6,149
Jan 200921,84035.865.37$9,954
Dec 200851,90837.105.98$11,590
Nov 200831,71755.496.86$11,946
Oct 200821,94475.246.92$13,607
Sep 200831,455101.767.88$11,766
Aug 200831,782114.228.48$15,459
Jul 200811,853131.0811.39$21,236
Jun 200831,470131.3313.03$19,552
May 200821,441123.1711.57$16,925
Apr 200811,624110.3110.45$17,089
Mar 200821,650101.909.66$16,150
Feb 200821,38092.538.77$12,288
Jan 200811,69190.388.21$13,966
Dec 200721,61288.337.30$11,947
Nov 200701,64191.677.29$11,966
Oct 200741,15282.856.92$8,306
Sep 200701,34775.846.24$8,411
Aug 200771,95469.066.39$12,965
Jul 200744,29170.906.39$27,694
Jun 200782,91062.007.55$22,462
May 200774,47658.747.85$35,531
Apr 200763,00359.617.81$23,797
Mar 200752,62956.927.30$19,481
Feb 200721,87255.108.22$15,491
Jan 200742,01250.306.73$13,736
Dec 200622,17456.656.92$15,154
Nov 200642,18154.207.62$16,831
Oct 200652,13254.906.01$13,096
Sep 200642,20360.085.04$11,337
Aug 200642,24468.717.34$16,746
Jul 200642,36169.376.34$15,253
Jun 200652,12866.286.38$13,916
May 200672,73766.016.42$18,047
Apr 200672,02164.397.36$15,326
Mar 200693,61956.707.08$26,143
Feb 200672,13157.597.75$16,921
Jan 2006143,21360.598.93$29,551
Dec 200574,31054.9413.42$58,205
Nov 200573,54354.6910.59$37,898
Oct 2005174,52958.3413.80$63,473
Sep 200583,40561.4512.08$41,621
Aug 2005185,44461.519.80$54,441
Jul 2005103,35455.697.84$26,864
Jun 200593,27252.337.38$24,622
May 2005154,49145.226.65$30,549
Apr 2005264,43349.207.36$33,908
Mar 2005185,79650.377.15$42,376
Feb 200574,87345.226.31$31,075
Jan 2005154,51243.166.32$29,173
Dec 2004272,06539.866.75$15,017
Nov 200451,86445.286.33$12,026
Oct 200432,01949.706.52$13,303
Sep 200421,21143.245.28$6,485
Aug 200431,26042.375.55$7,121
Jul 2004112,66938.286.08$16,660
Jun 200493,32236.106.43$21,695
May 2004165,22237.486.49$34,514
Apr 200485,45634.475.86$32,240
Mar 200494,87934.365.53$27,291
Feb 2004195,64332.455.51$31,707
Jan 2004205,78132.036.30$37,059
Dec 2003145,07030.266.30$32,373
Nov 2003125,20728.804.60$24,273
Oct 200385,45628.174.76$26,194
Sep 20031653,49226.314.75$20,926
Aug 200383,35229.765.13$17,433
Jul 200363,50229.415.17$18,285
Jun 200363,09628.565.98$18,695
May 2003164,42426.595.97$26,849
Apr 2003115,56826.675.41$30,401
Mar 2003195,76631.146.10$35,741
Feb 2003215,05033.487.93$40,729
Jan 2003145,98530.315.58$33,833
Dec 2002206,34826.914.85$31,350
Nov 2002205,57324.664.14$23,548
Oct 2002146,47226.464.23$27,741
Sep 2002196,08427.443.64$22,638
Aug 2002207,67625.963.16$24,807
Jul 200206,86424.583.06$21,016
Jun 2002107,20723.733.34$24,296
May 200207,26524.663.58$26,038
Apr 200206,43323.653.51$22,595
Mar 200207,84222.003.10$24,332
Feb 200207,10518.222.38$16,879
Jan 200207,56017.172.38$17,960
Dec 200107,23316.932.36$17,102
Nov 200108,53918.072.41$20,541
Oct 200108,54519.782.53$21,609
Sep 2001798,97324.262.25$22,118
Aug 200109,21224.873.05$28,126
Jul 2001010,21623.933.20$32,661
Jun 200109,59224.563.82$36,681
May 2001010,61825.524.31$45,735
Apr 2001011,10324.685.34$59,238
Mar 2001012,18824.545.38$65,528
Feb 2001010,85427.755.77$62,596
Jan 2001013,81427.478.40$116,020
Dec 2000013,08226.889.12$119,341
Nov 20004214,94532.215.66$85,912
Oct 200016417,29731.235.15$94,123
Sep 2000015,04131.875.19$78,010
Aug 2000018,38629.644.54$83,486
Jul 2000017,45728.534.09$71,395
Jun 2000018,25329.304.40$80,263
May 200016718,77327.263.68$73,632
Apr 2000019,95824.513.12$62,189
Mar 2000021,23328.422.86$60,721
Feb 2000020,52127.622.73$55,951
Jan 200018123,11525.272.48$61,911
Dec 1999016,90524.282.42$40,973
Nov 1999012,37423.192.43$30,118
Oct 199918216,98720.982.80$51,445
Sep 1999024,69421.752.62$64,670
Aug 1999031,23119.262.88$89,808
Jul 19999134,63517.892.37$83,795
Jun 1999035,06715.942.36$82,832
May 199917841,38215.792.32$98,859
Apr 199918137,45815.102.21$85,442
Mar 1999043,29912.471.84$79,598
Feb 199918139,6089.981.82$73,805
Jan 199918381,73110.381.90$157,184
Dec 199818554,5679.201.77$98,467
Nov 199818054,79410.892.19$121,725
Oct 199818146,25012.421.97$93,324
Sep 199834969,50312.592.08$149,142
Aug 199835147,84811.301.91$95,229
Jul 1998016,91711.742.24$37,848

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             3 bbl  × $106.41 =       $319
Gas                  300 Mcf  × $  3.05 =       $914

────────────────────────────────────────────────────
Month total                                   $1,233

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/170303 is the state's own key, not one this site invented.