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 62054District 04Field 52025500CondensateGasSaveExport
Value, all time
$7.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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.

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
CondensateDisposition6,270 bbl$198,108
GasProduction2,327,950 Mcf$7,018,557
Total$7,216,664

705,034 Mcf of this lease's gas, across 48 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 27.3567, -99.4530. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35667, -99.45296 · 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
7,500 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 7,500 ft.

Completions filed
Apr 1975
1 of 1 wells

1 well

42-4793084537,500 ftApr 1975

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 (401)

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

401 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 20251062.363.54$62
Mar 202529867.704.27$554
Feb 2025080870.884.34$3,507
Jan 2025024974.324.28$1,065
Dec 202431868.993.12$263
Nov 202441569.052.20$309
Oct 2024951571.372.28$1,817
Sep 2024122,27769.612.36$6,219
Aug 2024114,17575.632.06$9,448
Jul 202434,42579.932.15$9,738
Jun 2024182,37878.082.63$7,669
May 2024103,00678.812.20$7,397
Apr 2024123,49184.451.66$6,806
Mar 202424,85380.301.55$7,659
Feb 202402,74776.091.78$4,900
Jan 202402,53573.023.30$8,360
Dec 20236971.262.61$451
Nov 202301,70877.892.81$4,795
Oct 20230085.443.09$0
Sep 20231089.042.74$89
Aug 2023723380.522.67$1,186
Jul 202302,73874.852.64$7,233
Jun 20230068.962.26$0
May 20232070.622.23$141
Apr 202311,19878.122.24$2,759
Mar 2023132372.852.39$846
Feb 2023222275.112.47$698
Jan 2023125276.533.39$930
Dec 2022221476.415.73$1,379
Nov 2022118685.005.65$1,135
Oct 2022119787.185.86$1,242
Sep 2022115584.888.16$1,350
Aug 2022118794.529.13$1,801
Jul 20221220101.587.54$1,761
Jun 20221211115.097.98$1,798
May 20221183109.378.43$1,653
Apr 20221192104.226.84$1,417
Mar 20221203108.885.08$1,139
Feb 2022123191.054.86$1,213
Jan 2022022081.844.54$998
Dec 2021016071.323.90$624
Nov 202108577.435.24$445
Oct 202119279.795.71$605
Sep 2021013069.865.35$696
Aug 2021112766.024.22$602
Jul 2021010870.783.98$430
Jun 2021010969.493.38$368
May 2021116363.483.02$555
Apr 2021014260.362.76$392
Mar 2021018661.302.72$505
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 202002130.341.86$39
Feb 20200049.881.98$0
Jan 202002157.252.09$44
Dec 20194059.012.30$236
Nov 2019489755.302.75$2,689
Oct 201941,46853.472.42$3,764
Sep 201991,77255.052.66$5,204
Aug 2019132,06853.112.30$5,456
Jul 201962,27756.272.46$5,939
Jun 201962,35552.782.49$6,183
May 2019102,46958.482.74$7,351
Apr 201922,28762.632.75$6,416
Mar 201991,27856.803.06$4,425
Feb 201972,80050.852.79$8,174
Jan 2019112,49546.033.23$8,561
Dec 2018202,85746.594.19$12,890
Nov 201892,94952.934.24$12,972
Oct 201893,60161.443.40$12,789
Sep 2018243,62459.543.11$12,692
Aug 201803,93659.403.07$12,070
Jul 201883,04365.142.93$9,443
Jun 201842,09860.183.08$6,696
May 201801,52765.382.90$4,430
Apr 201801,53163.842.90$4,441
Mar 201812,35561.222.79$6,624
Feb 201802,81461.782.77$7,784
Jan 201802,34662.874.01$9,406
Dec 201702,96657.272.92$8,665
Nov 201722,97155.423.12$9,375
Oct 201703,09249.292.98$9,226
Sep 201703,97647.523.09$12,275
Aug 201703,75345.373.00$11,276
Jul 201703,55343.873.09$10,969
Jun 201703,61642.493.09$11,164
May 201703,00845.373.26$9,816
Apr 201704,05647.933.21$13,026
Mar 201703,35846.772.98$10,019
Feb 201703,48250.452.95$10,281
Jan 201703,91749.413.42$13,391
Dec 201604,00248.763.72$14,899
Nov 201603,65442.492.64$9,662
Oct 201604,04646.193.09$12,503
Sep 201603,63841.553.10$11,280
Aug 201603,89141.442.92$11,379
Jul 201602,07541.622.92$6,068
Jun 201603,54245.352.69$9,513
May 201603,84042.521.99$7,646
Apr 201603,04636.561.99$6,065
Mar 201603,62333.011.79$6,500
Feb 201652,48026.472.06$5,250
Jan 201602,75227.352.36$6,507
Dec 201503,06732.362.00$6,138
Nov 201503,14538.792.17$6,816
Oct 201503,35043.552.43$8,129
Sep 201502,34242.992.76$6,460
Aug 201502,77340.162.87$7,965
Jul 201503,52148.152.95$10,370
Jun 201503,63456.152.88$10,476
May 201503,86955.212.96$11,435
Apr 201503,38049.822.71$9,148
Mar 201503,84542.892.93$11,284
Feb 201504,04044.662.98$12,024
Jan 201504,42343.433.10$13,714
Dec 201403,40954.693.59$12,243
Nov 201404,25470.464.25$18,087
Oct 201403,86978.303.90$15,093
Sep 201403,99686.164.05$16,166
Aug 201403,53589.394.04$14,264
Jul 201404,04596.564.18$16,906
Jun 201403,88998.164.74$18,422
May 201404,32294.734.73$20,428
Apr 201402,84095.944.81$13,658
Mar 201403,08895.895.06$15,615
Feb 201403,15997.406.19$19,561
Jan 201403,76190.404.86$18,281
Dec 201304,35791.824.35$18,972
Nov 201303,72788.853.74$13,933
Oct 201303,69797.423.78$13,972
Sep 201303,391104.113.72$12,607
Aug 201303,232104.253.52$11,385
Jul 201304,267102.523.72$15,864
Jun 201304,68494.403.93$18,424
May 201304,44694.834.15$18,447
Apr 201304,36393.964.28$18,685
Mar 201304,41593.623.91$17,275
Feb 201303,36891.233.42$11,518
Jan 201304,55091.603.42$15,561
Dec 201204,56086.773.42$15,596
Nov 201204,46486.953.62$16,182
Oct 201204,37089.383.40$14,857
Sep 201204,10194.672.92$11,968
Aug 201204,54992.662.91$13,229
Jul 201203985.133.02$118
Jun 20120079.822.52$0
May 20121091.612.49$92
Apr 201203,969101.652.00$7,925
Mar 201293,894105.052.22$9,598
Feb 201203,741101.102.57$9,615
Jan 201204,02998.092.73$11,016
Dec 201103,32196.873.24$10,759
Nov 201104,43195.723.31$14,672
Oct 201104,50684.983.65$16,440
Sep 201103,53283.623.99$14,078
Aug 201104,54583.404.15$18,859
Jul 20111873,97294.144.52$35,547
Jun 201103,55792.904.64$16,504
May 201103,47298.134.40$15,294
Apr 201103,461105.964.33$14,997
Mar 201103,72996.364.06$15,130
Feb 201163,33085.644.18$14,433
Jan 201103,49986.504.59$16,056
Dec 201004,12885.734.35$17,948
Nov 201004,02780.843.80$15,284
Oct 201004,59778.103.51$16,130
Sep 201004,25272.633.98$16,921
Aug 201005,08573.684.42$22,472
Jul 201005,80572.554.74$27,495
Jun 201004,83770.364.91$23,752
May 201003,94871.124.24$16,721
Apr 201003,76381.694.12$15,514
Mar 201003,90078.394.39$17,116
Feb 201004,52473.585.44$24,621
Jan 201003,89374.365.96$23,218
Dec 200903,64671.445.48$19,994
Nov 200906,44674.593.75$24,182
Oct 200905,40872.544.11$22,228
Sep 200965,22965.543.06$16,419
Aug 200955,63467.423.22$18,470
Jul 200955,49561.133.46$19,343
Jun 200955,08966.163.90$20,152
May 2009105,60154.743.93$22,536
Apr 2009105,35246.773.59$19,668
Mar 2009105,53842.144.06$22,900
Feb 200955,36732.814.63$25,029
Jan 200955,53335.865.37$29,897
Dec 2008155,55737.105.98$33,771
Nov 2008105,25855.496.86$36,627
Oct 200855,33075.246.92$37,270
Sep 2008105,548101.767.88$44,720
Aug 200894,612114.228.48$40,152
Jul 200856,513131.0811.39$74,835
Jun 2008145,734131.3313.03$76,568
May 2008106,587123.1711.57$77,472
Apr 200856,369110.3110.45$67,139
Mar 200896,305101.909.66$61,849
Feb 200896,26692.538.77$55,789
Jan 20081677,25790.388.21$74,642
Dec 2007127,82388.337.30$58,183
Nov 200708,25791.677.29$60,208
Oct 2007309,57482.856.92$68,757
Sep 200709,60575.846.24$59,975
Aug 2007103,70469.066.39$24,352
Jul 200764,78970.906.39$31,017
Jun 2007115,40162.007.55$41,451
May 200794,79558.747.85$38,152
Apr 2007103,95759.617.81$31,481
Mar 2007105,72156.927.30$42,344
Feb 200743,02955.108.22$25,107
Jan 200773,24550.306.73$22,181
Dec 200633,51656.656.92$24,495
Nov 200672,87754.207.62$22,295
Oct 2006123,42154.906.01$21,232
Sep 2006115,24160.085.04$27,061
Aug 2006116,75768.717.34$50,352
Jul 2006126,32369.376.34$40,938
Jun 2006136,65566.286.38$43,346
May 2006196,77566.016.42$44,784
Apr 20061766,49164.397.36$59,110
Mar 2006196,89256.707.08$49,893
Feb 2006217,18457.597.75$56,893
Jan 2006236,38160.598.93$58,397
Dec 200584,74754.9413.42$64,122
Nov 200594,89754.6910.59$52,344
Oct 2005205,19058.3413.80$72,767
Sep 200594,95761.4512.08$60,429
Aug 2005245,28761.519.80$53,272
Jul 2005186,29155.697.84$50,347
Jun 2005786,46352.337.38$51,785
May 2005206,73845.226.65$45,720
Apr 2005325,48449.207.36$41,939
Mar 2005237,24750.377.15$53,010
Feb 2005116,42245.226.31$41,033
Jan 2005276,80443.166.32$44,182
Dec 2004145,08939.866.75$34,914
Nov 2004165,48845.286.33$35,466
Oct 2004155,74649.706.52$38,181
Sep 200476,15543.245.28$32,825
Aug 200494,42042.375.55$24,915
Jul 2004267,06938.286.08$44,004
Jun 2004146,89236.106.43$44,842
May 2004227,71737.486.49$50,943
Apr 2004127,35634.475.86$43,508
Mar 2004137,37234.365.53$41,215
Feb 2004237,32032.455.51$41,077
Jan 2004256,83132.036.30$43,834
Dec 2003176,65630.266.30$42,458
Nov 2003156,67928.804.60$31,123
Oct 2003116,79128.174.76$32,633
Sep 20031976,85726.314.75$37,749
Aug 2003177,38229.765.13$38,374
Jul 2003137,55029.415.17$39,422
Jun 200375,76728.565.98$34,704
May 2003194,51226.595.97$27,454
Apr 2003147,03526.675.41$38,414
Mar 2003237,28031.146.10$45,095
Feb 2003225,69533.487.93$45,874
Jan 2003135,89930.315.58$33,322
Dec 2002215,87026.914.85$29,057
Nov 2002226,23024.664.14$26,316
Oct 2002177,23126.464.23$31,031
Sep 2002227,41827.443.64$27,570
Aug 2002217,90825.963.16$25,567
Jul 200208,04224.583.06$24,623
Jun 200207,40723.733.34$24,726
May 200207,95224.663.58$28,500
Apr 200206,89223.653.51$24,207
Mar 200208,51122.003.10$26,407
Feb 200207,32818.222.38$17,409
Jan 20021028,42917.172.38$21,776
Dec 200108,27316.932.36$19,561
Nov 200108,04518.072.41$19,352
Oct 200108,46119.782.53$21,397
Sep 200108,34924.262.25$18,796
Aug 200108,54224.873.05$26,080
Jul 200108,35023.933.20$26,696
Jun 200108,30824.563.82$31,771
May 200109,26225.524.31$39,894
Apr 200107,95524.685.34$42,442
Mar 200108,21424.545.38$44,162
Feb 200107,72427.755.77$44,545
Jan 200108,24627.478.40$69,256
Dec 200008,54826.889.12$77,979
Nov 200008,76332.215.66$49,581
Oct 2000468,71031.235.15$46,254
Sep 200008,19331.875.19$42,493
Aug 200009,02629.644.54$40,985
Jul 200009,23228.534.09$37,757
Jun 200008,93929.304.40$39,307
May 200009,45227.263.68$34,781
Apr 20001529,16224.513.12$32,274
Mar 200009,66928.422.86$27,651
Feb 200008,88527.622.73$24,225
Jan 200009,53725.272.48$23,657
Dec 199909,95924.282.42$24,138
Nov 1999010,36823.192.43$25,236
Oct 1999010,94820.982.80$30,695
Sep 199909,89021.752.62$25,900
Aug 199908,28919.262.88$23,836
Jul 19991536,62417.892.37$18,452
Jun 199907,72215.942.36$18,240
May 199909,49015.792.32$22,026
Apr 199907,80015.102.21$17,223
Mar 199909,29312.471.84$17,084
Feb 1999012,8379.981.82$23,335
Jan 199907,57710.381.90$14,396
Dec 1998010,8439.201.77$19,228
Nov 199808,54810.892.19$18,684
Oct 199814910,50512.421.97$22,537
Sep 199809,37212.592.08$19,518
Aug 199809,65911.301.91$18,423
Jul 199809,81811.742.24$21,966
Jun 199809,65711.242.24$21,605
May 1998010,76212.622.21$23,745
Apr 1998010,22413.042.51$25,614
Mar 199811311,56812.802.31$28,162
Feb 1998010,44413.952.30$24,012
Jan 1998010,39414.702.15$22,397
Dec 199711411,11316.322.41$28,655
Nov 1997010,99518.193.09$33,955
Oct 1997014,00319.253.15$44,107
Sep 199715312,03517.742.95$38,276
Aug 1997813,02017.862.55$33,406
Jul 1997011,40717.582.25$25,631
Jun 1997011,40717.242.26$25,748
May 19973911,78018.972.31$27,934
Apr 1997011,50817.882.08$23,969
Mar 1997113,62518.951.94$26,440
Feb 1997111,80920.492.21$26,070
Jan 199716311,30523.483.54$43,844
Dec 1996012,81523.32$0
Nov 1996012,49221.97$0
Oct 1996011,90623.31$0
Sep 199615212,42222.22$3,377
Aug 1996012,11920.26$0
Jul 1996012,99419.55$0
Jun 1996010,87918.73$0
May 1996012,11619.43$0
Apr 199613713,75521.51$2,947
Mar 1996014,43019.38$0
Feb 199616413,92316.98$2,785
Jan 1996215,10817.07$34
Dec 199518813,41717.19$3,232
Nov 1995013,04016.00$0
Oct 1995014,91615.43$0
Sep 1995013,91316.18$0
Aug 199515712,42815.92$2,499
Jul 1995016,11715.24$0
Jun 1995015,09016.41$0
May 1995016,20817.56$0
Apr 19955513,53917.73$975
Mar 199518518,01016.44$3,041
Feb 1995013,47616.58$0
Jan 1995019,23115.92$0
Dec 19949519,49915.03$1,428
Nov 19945617,17115.90$890
Oct 1994011,38615.58$0
Sep 19947419,13915.29$1,131
Aug 199410319,38616.13$1,661
Jul 19948616,70617.56$1,510
Jun 199409,03717.09$0
May 19946815,17915.88$1,080
Apr 199411216,07614.14$1,584
Mar 19945013,88812.46$623
Feb 19946512,72912.50$813
Jan 199419215,77812.66$2,431
Dec 199310515,06412.33$1,295
Nov 1993014,05314.49$0
Oct 199317914,47415.85$2,837
Sep 1993115,99915.03$15
Aug 1993014,67815.66$0
Jul 199316914,25415.46$2,613
Jun 1993015,75116.79$0
May 199317116,93817.68$3,023
Apr 1993016,15218.05$0
Mar 19935417,70618.14$980
Feb 199310912,74117.90$1,951
Jan 199314316,90616.93$2,421

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.

Apr 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 62.36 =        $62
Gas                    0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                      $62

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/62054 is the state's own key, not one this site invented.