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 173097District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$514 k
Apr 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
326
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 Gas112001-08-20144487
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
CondensateDisposition191 bbl$5,575
GasProduction136,733 Mcf$508,787
Total$514,362

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 27.3386, -99.4348. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33858, -99.43477 · 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
7,400 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 7,400 ft.

Completions filed
Apr 1999
1 of 1 wells

1 well

42-47937222517,400 ftApr 1999

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 (326)

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

326 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20121079.822.52$80
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201201105.052.22$2
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200904632.814.63$213
Jan 200909935.865.37$532
Dec 2008010437.105.98$622
Nov 2008010055.496.86$686
Oct 2008011475.246.92$789
Sep 20080115101.767.88$906
Aug 20080111114.228.48$942
Jul 20080144131.0811.39$1,640
Jun 20080143131.3313.03$1,864
May 20080159123.1711.57$1,840
Apr 200801110.3110.45$10
Mar 20080186101.909.66$1,798
Feb 2008023592.538.77$2,061
Jan 20080090.388.21$0
Dec 200705588.337.30$402
Nov 2007013091.677.29$948
Oct 2007015382.856.92$1,059
Sep 2007011075.846.24$687
Aug 2007010069.066.39$639
Jul 2007013870.906.39$882
Jun 2007015162.007.55$1,140
May 2007014458.747.85$1,130
Apr 2007012859.617.81$999
Mar 2007012856.927.30$935
Feb 2007010755.108.22$879
Jan 2007013750.306.73$922
Dec 2006014856.656.92$1,024
Nov 2006016154.207.62$1,226
Oct 2006018754.906.01$1,125
Sep 2006012860.085.04$645
Aug 2006014568.717.34$1,064
Jul 2006015669.376.34$989
Jun 2006018266.286.38$1,162
May 2006019066.016.42$1,221
Apr 2006014864.397.36$1,089
Mar 2006013056.707.08$921
Feb 2006012157.597.75$938
Jan 2006013860.598.93$1,233
Dec 2005014754.9413.42$1,972
Nov 2005013054.6910.59$1,376
Oct 2005015258.3413.80$2,097
Sep 200508261.4512.08$990
Aug 20050061.519.80$0
Jul 2005119055.697.84$1,546
Jun 2005017352.337.38$1,277
May 2005117945.226.65$1,236
Apr 2005121449.207.36$1,624
Mar 2005140950.377.15$2,977
Feb 2005141345.226.31$2,652
Jan 20052540243.166.32$3,621
Dec 2004141139.866.75$2,815
Nov 2004254745.286.33$3,553
Oct 2004167649.706.52$4,454
Sep 2004137943.245.28$2,046
Aug 2004150942.375.55$2,868
Jul 2004157638.286.08$3,543
Jun 2004018236.106.43$1,171
May 2004231637.486.49$2,127
Apr 2004187934.475.86$5,184
Mar 2004157434.365.53$3,209
Feb 2004118432.455.51$1,046
Jan 2004431532.036.30$2,113
Dec 200371,85930.266.30$11,927
Nov 200342,98628.804.60$13,836
Oct 200311,16528.174.76$5,573
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030529.415.17$26
Jun 200306928.565.98$413
May 200304126.595.97$245
Apr 2003011526.675.41$622
Mar 2003112631.146.10$799
Feb 2003119233.487.93$1,555
Jan 2003044230.315.58$2,467
Dec 200214026.914.85$221
Nov 2002150224.664.14$2,101
Oct 2002144426.464.23$1,904
Sep 200241,21027.443.64$4,508
Aug 200252,11825.963.16$6,831
Jul 200202,86424.583.06$8,769
Jun 200203,36923.733.34$11,247
May 200202,85224.663.58$10,222
Apr 200202423.653.51$84
Mar 2002017022.003.10$527
Feb 2002010618.222.38$252
Jan 2002020417.172.38$485
Dec 2001029116.932.36$688
Nov 2001045618.072.41$1,097
Oct 2001027319.782.53$690
Sep 2001042624.262.25$959
Aug 2001046324.873.05$1,414
Jul 200111664023.933.20$4,822
Jun 200121,20524.563.82$4,657
May 200101,86225.524.31$8,020
Apr 200102,40724.685.34$12,842
Mar 200103,16124.545.38$16,995
Feb 200101,51627.755.77$8,743
Jan 2001032527.478.40$2,730
Dec 2000046926.889.12$4,278
Nov 200001,15332.215.66$6,524
Oct 200002,49331.235.15$12,828
Sep 200002,94731.875.19$15,285
Aug 200002,12129.644.54$9,631
Jul 200002,91528.534.09$11,922
Jun 200003,97929.304.40$17,497
May 200003,38127.263.68$12,441
Apr 200004,45024.513.12$13,866
Mar 200005,32228.422.86$15,220
Feb 200004,67527.622.73$12,746
Jan 200005,40625.272.48$13,410
Dec 199905,79024.282.42$14,033
Nov 199905,87623.192.43$14,302
Oct 199905,15120.982.80$14,442
Sep 199906,07421.752.62$15,907
Aug 199907,49319.262.88$21,547
Jul 199906,75117.892.37$16,016
Jun 199907,13515.942.36$16,854
May 199905,91915.792.32$13,738
Apr 1999039315.102.21$868

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.

Jun 2012 — as filed, then multipliedworked
Condensate             1 bbl  × $ 79.82 =        $80
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                      $80

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/173097 is the state's own key, not one this site invented.