HEREFORD -T-

Operated by MERIT ENERGY COMPANY (P-5 561136) in the LAREDO (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171066District 04Field 520255002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Oct 1998 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
332
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 281 leases and 281 wells, and the rule below applies to all of them.

Discovered
1976-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1976-02-01.

The Commission's schedule remark for this field reads: SURVEYS.

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 Gas112001-08-20144494
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
CondensateDisposition2,045 bbl$112,345
GasProduction1,295,372 Mcf$5,515,177
Total$5,627,522

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 27.3357, -99.4176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33573, -99.41756 · 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
7,635 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 7,635 ft.

Completions filed
Oct 1998
1 of 1 wells

1 well

42-47937104497,635 ftOct 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 (332)

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

332 months

May 202691,703106.413.05$6,145
Apr 202691,82998.932.87$6,139
Mar 202681,59089.753.15$5,726
Feb 202601,43163.503.75$5,367
Jan 202681,83859.138.00$15,173
Dec 202581,91956.664.41$8,923
Nov 202581,83558.593.93$7,674
Oct 202581,99659.383.30$7,072
Sep 202581,89362.743.08$6,327
Aug 202581,98763.933.01$6,502
Jul 202581,94066.743.32$6,965
Jun 202581,95466.483.13$6,645
May 202582,07760.553.23$7,198
Apr 202591,91562.363.54$7,346
Mar 202592,11567.704.27$9,637
Feb 202582,01970.884.34$9,331
Jan 202582,41874.324.28$10,940
Dec 2024161,58168.993.12$6,039
Nov 202471,92869.052.20$4,722
Oct 202462,02371.372.28$5,043
Sep 202461,98869.612.36$5,118
Aug 2024132,10275.632.06$5,321
Jul 202471,90879.932.15$4,655
Jun 2024111,99878.082.63$6,122
May 202461,90978.812.20$4,670
Apr 2024121,83784.451.66$4,061
Mar 202471,76380.301.55$3,286
Feb 202481,85876.091.78$3,923
Jan 202471,94173.023.30$6,912
Dec 2023141,93871.262.61$6,057
Nov 202372,12177.892.81$6,500
Oct 202362,22785.443.09$7,388
Sep 2023132,06089.042.74$6,792
Aug 202372,26280.522.67$6,610
Jul 2023132,37274.852.64$7,239
Jun 202372,07868.962.26$5,176
May 2023152,17370.622.23$5,899
Apr 202372,19878.122.24$5,465
Mar 202372,11472.852.39$5,569
Feb 202381,91475.112.47$5,320
Jan 202382,34376.533.39$8,550
Dec 2022182,32476.415.73$14,690
Nov 202272,03985.005.65$12,108
Oct 2022132,28487.185.86$14,526
Sep 202262,08984.888.16$17,563
Aug 202272,30194.529.13$21,663
Jul 202272,215101.587.54$17,417
Jun 2022122,132115.097.98$18,388
May 202272,133109.378.43$18,753
Apr 202262,320104.226.84$16,489
Mar 2022132,395108.885.08$13,573
Feb 2022142,15091.054.86$11,721
Jan 202282,54081.844.54$12,180
Dec 202182,55671.323.90$10,537
Nov 202102,40477.435.24$12,589
Oct 2021151,67879.795.71$10,785
Sep 202172,26669.865.35$12,614
Aug 2021152,42566.024.22$11,225
Jul 202172,41170.783.98$10,096
Jun 202172,36869.493.38$8,492
May 2021132,42063.483.02$8,128
Apr 2021132,36960.362.76$7,319
Mar 2021142,55961.302.72$7,811
Feb 202172,15357.805.55$12,349
Jan 202162,51450.412.81$7,367
Dec 202062,52044.642.68$7,010
Nov 2020132,45338.772.71$7,143
Oct 2020122,52236.972.48$6,694
Sep 2020122,22737.091.99$4,879
Aug 2020132,52539.982.39$6,542
Jul 202072,47838.371.83$4,791
Jun 2020132,45534.901.69$4,603
May 202062,48916.921.81$4,618
Apr 2020132,33514.751.80$4,405
Mar 2020132,46830.341.86$4,976
Feb 2020132,14649.881.98$4,899
Jan 202072,56257.252.09$5,767
Dec 2019182,71059.012.30$7,307
Nov 201962,61855.302.75$7,533
Oct 201962,65353.472.42$6,737
Sep 2019122,55555.052.66$7,450
Aug 2019142,65953.112.30$6,871
Jul 201952,60056.272.46$6,678
Jun 201962,60352.782.49$6,801
May 2019132,48058.482.74$7,556
Apr 201972,28662.632.75$6,727
Mar 2019152,29656.803.06$7,883
Feb 201972,04750.852.79$6,072
Jan 2019102,34246.033.23$8,021
Dec 2018132,26746.594.19$10,094
Nov 201862,12552.934.24$9,322
Oct 201862,45261.443.40$8,701
Sep 2018182,37259.543.11$8,444
Aug 201802,49159.403.07$7,639
Jul 2018122,31665.142.93$7,572
Jun 201862,47160.183.08$7,964
May 201802,55865.382.90$7,420
Apr 201802,41963.842.90$7,017
Mar 201802,49261.222.79$6,945
Feb 201802,30361.782.77$6,370
Jan 201802,68662.874.01$10,769
Dec 201702,66957.272.92$7,798
Nov 201702,57255.423.12$8,020
Oct 201702,66349.292.98$7,946
Sep 201702,74847.523.09$8,484
Aug 201702,66245.373.00$7,998
Jul 201702,74243.873.09$8,465
Jun 201702,91542.493.09$8,999
May 201712,81745.373.26$9,238
Apr 201702,74247.933.21$8,806
Mar 201702,94846.772.98$8,796
Feb 201702,67850.452.95$7,907
Jan 201702,77349.413.42$9,480
Dec 201602,72848.763.72$10,156
Nov 201602,92442.492.64$7,732
Oct 201602,91046.193.09$8,993
Sep 201602,72941.553.10$8,462
Aug 201602,72841.442.92$7,978
Jul 201602,23941.622.92$6,548
Jun 201602,73945.352.69$7,356
May 201602,95542.521.99$5,884
Apr 201602,43136.561.99$4,840
Mar 201602,67133.011.79$4,792
Feb 201652,57426.472.06$5,444
Jan 201602,85627.352.36$6,753
Dec 201502,98332.362.00$5,970
Nov 201503,00838.792.17$6,519
Oct 201503,14443.552.43$7,629
Sep 201503,11642.992.76$8,595
Aug 201503,18240.162.87$9,140
Jul 201503,03548.152.95$8,938
Jun 201503,21456.152.88$9,266
May 201503,32155.212.96$9,815
Apr 201502,58549.822.71$6,996
Mar 201502,68442.892.93$7,877
Feb 201502,61044.662.98$7,768
Jan 201502,75443.433.10$8,539
Dec 201402,50954.693.59$9,011
Nov 201402,87870.464.25$12,237
Oct 201402,94378.303.90$11,481
Sep 201402,60986.164.05$10,555
Aug 201402,93289.394.04$11,831
Jul 201402,84096.564.18$11,870
Jun 201402,94898.164.74$13,964
May 201403,12994.734.73$14,789
Apr 201402,72695.944.81$13,110
Mar 201402,66395.895.06$13,466
Feb 201402,29997.406.19$14,235
Jan 201402,76490.404.86$13,435
Dec 201302,83491.824.35$12,341
Nov 201302,82488.853.74$10,557
Oct 201302,85397.423.78$10,783
Sep 201302,727104.113.72$10,138
Aug 201304,673104.253.52$16,461
Jul 201302,874102.523.72$10,685
Jun 201302,98694.403.93$11,745
May 201302,86494.834.15$11,883
Apr 201302,72993.964.28$11,687
Mar 201302,92293.623.91$11,433
Feb 201304,17991.233.42$14,292
Jan 201303,00691.603.42$10,280
Dec 201203,21586.773.42$10,996
Nov 201203,05986.953.62$11,089
Oct 201202,90089.383.40$9,859
Sep 201203,26194.672.92$9,517
Aug 201203,03792.662.91$8,832
Jul 201202885.133.02$85
Jun 201223,10479.822.52$7,979
May 201203,37991.612.49$8,408
Apr 201202,632101.652.00$5,256
Mar 201273,281105.052.22$8,026
Feb 201203,012101.102.57$7,742
Jan 201203,30398.092.73$9,031
Dec 201103,39196.873.24$10,986
Nov 201103,23795.723.31$10,719
Oct 201103,39084.983.65$12,369
Sep 201102,91083.623.99$11,599
Aug 201102,96783.404.15$12,311
Jul 201103,27394.144.52$14,785
Jun 201103,00092.904.64$13,920
May 201102,83198.134.40$12,470
Apr 201102,325105.964.33$10,075
Mar 201102,78096.364.06$11,279
Feb 201133,12485.644.18$13,315
Jan 201103,15586.504.59$14,478
Dec 201003,14585.734.35$13,674
Nov 201003,44280.843.80$13,064
Oct 201003,29278.103.51$11,551
Sep 201002,87172.633.98$11,425
Aug 201003,51373.684.42$15,525
Jul 201003,38072.554.74$16,009
Jun 201003,50270.364.91$17,196
May 201003,31371.124.24$14,031
Apr 201003,15981.694.12$13,024
Mar 201003,01878.394.39$13,245
Feb 201003,38973.585.44$18,444
Jan 201003,83074.365.96$22,842
Dec 200903,65571.445.48$20,043
Nov 200902,76474.593.75$10,369
Oct 200902,14172.544.11$8,800
Sep 200943,70565.543.06$11,617
Aug 200944,14167.423.22$13,597
Jul 200943,97661.133.46$14,019
Jun 200933,72966.163.90$14,723
May 2009143,95754.743.93$16,301
Apr 200974,46046.773.59$16,328
Mar 200974,02342.144.06$16,624
Feb 200933,59532.814.63$16,754
Jan 200923,16435.865.37$17,066
Dec 200881,91237.105.98$11,725
Nov 200873,76355.496.86$26,204
Oct 200844,01575.246.92$28,093
Sep 200873,811101.767.88$30,732
Aug 200874,050114.228.48$35,156
Jul 200883,872131.0811.39$45,149
Jun 200893,797131.3313.03$50,667
May 200863,826123.1711.57$45,022
Apr 200833,850110.3110.45$40,582
Mar 200864,155101.909.66$40,766
Feb 200853,71392.538.77$33,028
Jan 200874,16790.388.21$34,826
Dec 200764,48188.337.30$33,250
Nov 200703,97991.677.29$29,014
Oct 2007224,50782.856.92$33,020
Sep 200704,36675.846.24$27,262
Aug 200793,97669.066.39$26,020
Jul 200734,01570.906.39$25,860
Jun 200762,81862.007.55$21,644
May 200762,61358.747.85$20,855
Apr 2007153,05959.617.81$24,770
Mar 200794,00556.927.30$29,757
Feb 200754,01955.108.22$33,296
Jan 200794,40050.306.73$30,051
Dec 2006164,53756.656.92$32,295
Nov 200695,13654.207.62$39,611
Oct 200634,42254.906.01$26,758
Sep 2006152,54060.085.04$13,696
Aug 200673,95368.717.34$29,496
Jul 200673,91169.376.34$25,292
Jun 200684,03466.286.38$26,283
May 2006124,42266.016.42$29,203
Apr 2006104,10464.397.36$30,851
Mar 2006194,24656.707.08$31,151
Feb 2006203,64057.597.75$29,366
Jan 2006234,45960.598.93$41,227
Dec 200574,38954.9413.42$59,265
Nov 2005154,09854.6910.59$44,212
Oct 2005104,00858.3413.80$55,877
Sep 200573,14361.4512.08$38,394
Aug 2005194,37261.519.80$44,000
Jul 200574,28555.697.84$34,000
Jun 2005104,26052.337.38$31,967
May 200574,08445.226.65$27,480
Apr 2005254,21749.207.36$32,269
Mar 2005134,19350.377.15$30,655
Feb 2005174,00745.226.31$26,061
Jan 200584,00743.166.32$25,678
Dec 2004354,78939.866.75$33,726
Nov 200474,62345.286.33$29,582
Oct 2004104,37849.706.52$29,020
Sep 2004174,42243.245.28$24,100
Aug 200474,68042.375.55$26,274
Jul 2004115,20738.286.08$32,101
Jun 200494,79236.106.43$31,152
May 2004234,82237.486.49$32,179
Apr 200475,13234.475.86$30,307
Mar 2004184,66634.365.53$26,422
Feb 2004104,45832.455.51$24,886
Jan 2004245,30432.036.30$34,182
Dec 2003185,13230.266.30$32,885
Nov 2003114,92928.804.60$22,966
Oct 2003205,82328.174.76$28,279
Sep 20031624,96626.314.75$27,848
Aug 2003115,29429.765.13$27,484
Jul 2003105,09629.415.17$26,645
Jun 200364,70428.565.98$28,315
May 2003244,72726.595.97$28,871
Apr 2003105,24726.675.41$28,639
Mar 2003344,89031.146.10$30,868
Feb 2003204,77533.487.93$38,516
Jan 2003194,23130.315.58$24,194
Dec 2002214,35526.914.85$21,703
Nov 2002224,46424.664.14$19,010
Oct 2002104,70126.464.23$20,146
Sep 2002134,02027.443.64$14,970
Aug 2002134,84525.963.16$15,668
Jul 200205,28024.583.06$16,166
Jun 200205,17923.733.34$17,289
May 200204,81624.663.58$17,261
Apr 200204,96523.653.51$17,439
Mar 200205,38922.003.10$16,721
Feb 200205,12518.222.38$12,175
Jan 200205,85417.172.38$13,907
Dec 200105,26216.932.36$12,441
Nov 200105,52218.072.41$13,283
Oct 200106,14819.782.53$15,548
Sep 200105,91224.262.25$13,310
Aug 200106,40624.873.05$19,559
Jul 200105,66623.933.20$18,115
Jun 200106,68424.563.82$25,561
May 200106,59525.524.31$28,407
Apr 200106,46324.685.34$34,482
Mar 200107,25724.545.38$39,017
Feb 20010027.755.77$0
Jan 200106,45827.478.40$54,239
Dec 200006,49226.889.12$59,223
Nov 200006,93432.215.66$39,233
Oct 200008,63631.235.15$44,437
Sep 200007,74031.875.19$40,144
Aug 200007,49229.644.54$34,019
Jul 200008,08828.534.09$33,078
Jun 200007,42229.304.40$32,636
May 200007,34427.263.68$27,024
Apr 200008,56724.513.12$26,695
Mar 200008,67928.422.86$24,820
Feb 200009,26727.622.73$25,266
Jan 2000010,43025.272.48$25,872
Dec 1999010,75324.282.42$26,062
Nov 1999010,21323.192.43$24,858
Oct 1999011,75120.982.80$32,946
Sep 19992811,34321.752.62$30,315
Aug 1999012,88519.262.88$37,052
Jul 1999012,79717.892.37$30,359
Jun 1999013,64115.942.36$32,221
May 1999014,36515.792.32$33,341
Apr 1999016,13615.102.21$35,629
Mar 1999019,44012.471.84$35,737
Feb 1999027,0669.981.82$49,200
Jan 1999018,52710.381.90$35,200
Dec 1998022,2359.201.77$39,430
Nov 1998013,40110.892.19$29,291
Oct 19980012.421.97$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             9 bbl  × $106.41 =       $958
Gas                1,703 Mcf  × $  3.05 =     $5,187

────────────────────────────────────────────────────
Month total                                   $6,145

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/171066 is the state's own key, not one this site invented.