HEREFORD, L.M.

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 63065District 04Field 52025500CondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$31 k
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
CondensateDisposition1,482 bbl$53,684
GasProduction541,144 Mcf$1,880,547
Total$1,934,231

143,178 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 27.3415, -99.4276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34151, -99.42764 · 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
8,140 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 8,140 ft.

Completions filed
Feb 2003
1 of 1 wells

1 well

42-4793098658,140 ftFeb 2003

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 20264762106.413.05$2,747
Apr 2026478598.932.87$2,648
Mar 2026183089.753.15$2,704
Feb 2026052763.503.75$1,976
Jan 202626059.138.00$598
Dec 2025445756.664.41$2,244
Nov 2025483858.593.93$3,525
Oct 2025490659.383.30$3,232
Sep 2025476962.743.08$2,617
Aug 2025492863.933.01$3,053
Jul 2025390266.743.32$3,191
Jun 2025371866.483.13$2,446
May 2025394160.553.23$3,223
Apr 2025382562.363.54$3,110
Mar 2025381967.704.27$3,699
Feb 2025478970.884.34$3,708
Jan 2025498874.324.28$4,525
Dec 2024757268.993.12$2,268
Nov 2024381269.052.20$1,992
Oct 2024383471.372.28$2,117
Sep 2024380769.612.36$2,117
Aug 2024682075.632.06$2,146
Jul 2024390679.932.15$2,185
Jun 2024580278.082.63$2,503
May 2024285578.812.20$2,037
Apr 2024666584.451.66$1,610
Mar 2024379580.301.55$1,469
Feb 2024368676.091.78$1,452
Jan 2024361573.023.30$2,247
Dec 2023688971.262.61$2,748
Nov 2023387277.892.81$2,682
Oct 2023285685.443.09$2,814
Sep 2023581189.042.74$2,663
Aug 2023281480.522.67$2,337
Jul 2023482574.852.64$2,479
Jun 2023183868.962.26$1,962
May 2023476770.622.23$1,991
Apr 2023325378.122.24$801
Mar 2023389072.852.39$2,348
Feb 2023485275.112.47$2,401
Jan 202331,03976.533.39$3,749
Dec 2022799976.415.73$6,258
Nov 2022383185.005.65$4,947
Oct 2022694787.185.86$6,076
Sep 2022397884.888.16$8,239
Aug 202231,07994.529.13$10,132
Jul 202231,147101.587.54$8,956
Jun 202251,198115.097.98$10,132
May 20221685109.378.43$5,886
Apr 20221274104.226.84$1,978
Mar 20225446108.885.08$2,808
Feb 2022582391.054.86$4,454
Jan 2022281281.844.54$3,848
Dec 2021357171.323.90$2,440
Nov 2021074677.435.24$3,907
Oct 2021556679.795.71$3,633
Sep 2021291869.865.35$5,052
Aug 2021392666.024.22$4,106
Jul 2021159470.783.98$2,436
Jun 2021290869.493.38$3,209
May 2021580963.483.02$2,759
Apr 2021493560.362.76$2,821
Mar 2021446261.302.72$1,500
Feb 2021258857.805.55$3,378
Jan 2021275550.412.81$2,223
Dec 2020270544.642.68$1,975
Nov 2020588738.772.71$2,595
Oct 2020581036.972.48$2,192
Sep 2020586637.091.99$1,910
Aug 2020587939.982.39$2,296
Jul 2020390238.371.83$1,761
Jun 2020590734.901.69$1,708
May 2020391916.921.81$1,719
Apr 2020596814.751.80$1,820
Mar 2020589630.341.86$1,815
Feb 2020581649.881.98$1,866
Jan 2020392257.252.09$2,103
Dec 201961,02459.012.30$2,714
Nov 201931,08855.302.75$3,159
Oct 201931,14553.472.42$2,930
Sep 201951,11855.052.66$3,246
Aug 201971,21553.112.30$3,172
Jul 201931,30256.272.46$3,372
Jun 201921,23352.782.49$3,177
May 201931,16358.482.74$3,362
Apr 2019285062.632.75$2,463
Mar 2019486656.803.06$2,879
Feb 2019276050.852.79$2,224
Jan 2019399146.033.23$3,337
Dec 2018384146.594.19$3,660
Nov 2018275152.934.24$3,288
Oct 2018280461.443.40$2,855
Sep 2018684959.543.11$2,996
Aug 2018092959.403.07$2,849
Jul 2018598965.142.93$3,225
Jun 2018297860.183.08$3,130
May 201801,00765.382.90$2,921
Apr 2018099863.842.90$2,895
Mar 2018096461.222.79$2,687
Feb 2018084561.782.77$2,337
Jan 201801,00762.874.01$4,037
Dec 201701,02057.272.92$2,980
Nov 2017091055.423.12$2,838
Oct 201701,02149.292.98$3,046
Sep 2017072247.523.09$2,229
Aug 201701,13645.373.00$3,413
Jul 201701,16943.873.09$3,609
Jun 2017095542.493.09$2,948
May 201701,00445.373.26$3,276
Apr 2017072247.933.21$2,319
Mar 2017084546.772.98$2,521
Feb 201701,03950.452.95$3,068
Jan 2017096649.413.42$3,303
Dec 201601,13148.763.72$4,211
Nov 2016097242.492.64$2,570
Oct 201601,29346.193.09$3,996
Sep 201601,28441.553.10$3,981
Aug 201601,29541.442.92$3,787
Jul 2016056241.622.92$1,643
Jun 2016098645.352.69$2,648
May 201601,09642.521.99$2,182
Apr 201601,20336.561.99$2,395
Mar 201601,19033.011.79$2,135
Feb 2016128426.472.06$613
Jan 2016031627.352.36$747
Dec 2015035232.362.00$705
Nov 2015035338.792.17$765
Oct 2015033443.552.43$810
Sep 2015019142.992.76$527
Aug 2015026940.162.87$773
Jul 201501,09148.152.95$3,213
Jun 2015096956.152.88$2,793
May 2015098155.212.96$2,899
Apr 2015094549.822.71$2,558
Mar 2015086642.892.93$2,541
Feb 2015075644.662.98$2,250
Jan 2015099543.433.10$3,085
Dec 2014087254.693.59$3,132
Nov 2014082270.464.25$3,495
Oct 201401,02178.303.90$3,983
Sep 201401,03786.164.05$4,195
Aug 201401,09989.394.04$4,435
Jul 201401,14396.564.18$4,777
Jun 201401,11598.164.74$5,282
May 201401,12494.734.73$5,313
Apr 2014092995.944.81$4,468
Mar 2014084195.895.06$4,253
Feb 2014078397.406.19$4,848
Jan 2014085290.404.86$4,141
Dec 201301,02891.824.35$4,476
Nov 201301,16388.853.74$4,348
Oct 201301,30597.423.78$4,932
Sep 201301,196104.113.72$4,446
Aug 20130973104.253.52$3,428
Jul 201301,128102.523.72$4,194
Jun 201301,29194.403.93$5,078
May 201301,19094.834.15$4,937
Apr 201301,14993.964.28$4,921
Mar 201301,26093.623.91$4,930
Feb 2013087591.233.42$2,992
Jan 201301,13491.603.42$3,878
Dec 201201,16686.773.42$3,988
Nov 201201,48486.953.62$5,379
Oct 201201,20589.383.40$4,097
Sep 201201,39094.672.92$4,057
Aug 201201,49192.662.91$4,336
Jul 201201285.133.02$36
Jun 201221,51179.822.52$3,966
May 201201,79491.612.49$4,464
Apr 201201,005101.652.00$2,007
Mar 20120347105.052.22$771
Feb 20120306101.102.57$786
Jan 2012038098.092.73$1,039
Dec 2011037496.873.24$1,212
Nov 2011026795.723.31$884
Oct 2011026984.983.65$981
Sep 2011029983.623.99$1,192
Aug 2011040883.404.15$1,693
Jul 2011236194.144.52$1,819
Jun 2011033292.904.64$1,540
May 2011033998.134.40$1,493
Apr 20110300105.964.33$1,300
Mar 2011029696.364.06$1,201
Feb 2011126385.644.18$1,185
Jan 2011022686.504.59$1,037
Dec 2010025585.734.35$1,109
Nov 2010026680.843.80$1,010
Oct 2010033578.103.51$1,175
Sep 2010036372.633.98$1,445
Aug 2010064973.684.42$2,868
Jul 201001,27472.554.74$6,034
Jun 201001,26570.364.91$6,212
May 201001,12271.124.24$4,752
Apr 2010085881.694.12$3,537
Mar 2010093278.394.39$4,090
Feb 2010085073.585.44$4,626
Jan 201001,08274.365.96$6,453
Dec 2009091071.445.48$4,990
Nov 200901,56474.593.75$5,867
Oct 200901,09672.544.11$4,505
Sep 200911,19265.543.06$3,719
Aug 200911,30767.423.22$4,274
Jul 2009191861.133.46$3,242
Jun 2009199266.163.90$3,930
May 200921,25754.743.93$5,044
Apr 200921,10746.773.59$4,065
Mar 200921,13242.144.06$4,679
Feb 200911,04032.814.63$4,851
Jan 200911,29335.865.37$6,981
Dec 200831,31437.105.98$7,965
Nov 200821,27555.496.86$8,858
Oct 200811,24675.246.92$8,700
Sep 200831,422101.767.88$11,507
Aug 200831,418114.228.48$12,372
Jul 200811,535131.0811.39$17,614
Jun 200831,373131.3313.03$18,288
May 200821,594123.1711.57$18,696
Apr 200811,486110.3110.45$15,646
Mar 200821,288101.909.66$12,651
Feb 200821,20392.538.77$10,736
Jan 200811,33590.388.21$11,045
Dec 200721,69088.337.30$12,517
Nov 200701,37691.677.29$10,033
Oct 200751,56682.856.92$11,254
Sep 200701,67375.846.24$10,446
Aug 200731,36869.066.39$8,946
Jul 200721,31770.906.39$8,555
Jun 200731,43862.007.55$11,041
May 200731,44958.747.85$11,545
Apr 200741,31159.617.81$10,471
Mar 200731,51356.927.30$11,219
Feb 200721,39655.108.22$11,580
Jan 200731,58850.306.73$10,833
Dec 200621,78556.656.92$12,463
Nov 200641,70054.207.62$13,167
Oct 200641,88754.906.01$11,568
Sep 200631,89760.085.04$9,736
Aug 200631,73368.717.34$12,926
Jul 200631,76669.376.34$11,409
Jun 200631,74566.286.38$11,339
May 200651,74166.016.42$11,516
Apr 200641,57964.397.36$11,880
Mar 200641,54656.707.08$11,177
Feb 200651,65957.597.75$13,147
Jan 200692,23960.598.93$20,547
Dec 200542,11954.9413.42$28,647
Nov 200532,06954.6910.59$22,071
Oct 200571,83458.3413.80$25,710
Sep 200531,66961.4512.08$20,344
Aug 200581,87761.519.80$18,881
Jul 200562,13455.697.84$17,072
Jun 200552,04752.337.38$15,371
May 200552,04745.226.65$13,841
Apr 200581,35049.207.36$10,330
Mar 200551,77150.377.15$12,923
Feb 200531,18345.226.31$7,603
Jan 2005272,22243.166.32$15,213
Dec 200462,56339.866.75$17,542
Nov 200462,39245.286.33$15,414
Oct 200452,22149.706.52$14,719
Sep 200442,05143.245.28$11,010
Aug 200442,43942.375.55$13,708
Jul 2004102,51238.286.08$15,666
Jun 200452,67536.106.43$17,389
May 200492,98837.486.49$19,743
Apr 200442,81234.475.86$16,612
Mar 200452,73334.365.53$15,286
Feb 2004102,94632.455.51$16,556
Jan 2004113,08132.036.30$19,762
Dec 200372,72130.266.30$17,359
Nov 200372,79828.804.60$13,059
Oct 200363,28628.174.76$15,809
Sep 2003143,70526.314.75$17,965
Aug 2003104,06929.765.13$21,170
Jul 200384,33329.415.17$22,641
Jun 200353,61728.565.98$21,783
May 2003143,70626.595.97$22,507
Apr 2003175,10526.675.41$28,058
Mar 2003289,11431.146.10$56,431
Feb 200397,06133.487.93$56,266
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999118023.192.43$2,736
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199937010.381.90$384
Dec 199802,3339.201.77$4,137
Nov 199802,21910.892.19$4,850
Oct 199802,36212.421.97$4,651
Sep 199801,90212.592.08$3,961
Aug 199801,86511.301.91$3,557
Jul 199802,23411.742.24$4,998
Jun 199802,21211.242.24$4,949
May 199802,32012.622.21$5,119
Apr 199802,61713.042.51$6,556
Mar 199802,74712.802.31$6,344
Feb 199802,14513.952.30$4,932
Jan 199802,31414.702.15$4,986
Dec 199702,28716.322.41$5,514
Nov 199702,17418.193.09$6,714
Oct 199702,55219.253.15$8,038
Sep 199702,20217.742.95$6,507
Aug 199702,91517.862.55$7,447
Jul 199702,90017.582.25$6,516
Jun 199702,60417.242.26$5,878
May 199702,84818.972.31$6,575
Apr 199702,93817.882.08$6,119
Mar 199712,47818.951.94$4,824
Feb 199702,94720.492.21$6,501
Jan 199702,80323.483.54$9,922
Dec 199602,97723.32$0
Nov 199602,82421.97$0
Oct 199602,83523.31$0
Sep 199602,73722.22$0
Aug 199603,06620.26$0
Jul 199603,40719.55$0
Jun 199603,48218.73$0
May 199603,45619.43$0
Apr 199602,89321.51$0
Mar 199603,02019.38$0
Feb 199602,79416.98$0
Jan 199603,79817.07$0
Dec 199503,46517.19$0
Nov 199503,44816.00$0
Oct 1995163,19715.43$247
Sep 1995263,41716.18$421
Aug 199503,34215.92$0
Jul 199502,77015.24$0
Jun 1995292,83916.41$476
May 199503,21217.56$0
Apr 1995292,93617.73$514
Mar 1995273,26516.44$444
Feb 199502,77316.58$0
Jan 199502,93215.92$0
Dec 1994462,58415.03$691
Nov 199402,98115.90$0
Oct 199403,16115.58$0
Sep 199403,10515.29$0
Aug 1994352,15216.13$565
Jul 199402,38017.56$0
Jun 199402,42217.09$0
May 1994453,36915.88$715
Apr 199403,24214.14$0
Mar 1994483,35512.46$598
Feb 199402,84712.50$0
Jan 1994472,65412.66$595
Dec 199303,21312.33$0
Nov 199302,62614.49$0
Oct 1993442,98315.85$697
Sep 199302,61915.03$0
Aug 199302,53115.66$0
Jul 1993432,42715.46$665
Jun 199302,36516.79$0
May 1993473,20417.68$831
Apr 199303,04518.05$0
Mar 1993553,05318.14$998
Feb 199302,88317.90$0
Jan 1993483,09216.93$813

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             4 bbl  × $106.41 =       $426
Gas                  762 Mcf  × $  3.05 =     $2,321

────────────────────────────────────────────────────
Month total                                   $2,747

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/63065 is the state's own key, not one this site invented.