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 63311District 04Field 52025500CondensateGasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$17 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
CondensateDisposition2,208 bbl$56,064
GasProduction1,102,828 Mcf$2,522,929
Total$2,578,993

414,219 Mcf of this lease's gas, across 37 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 27.3637, -99.4321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36367, -99.43215 · 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
7,556 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 7,556 ft.

Completions filed
Aug 1975
1 of 1 wells

1 well

42-47931003117,556 ftAug 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 20262297106.413.05$1,117
Apr 2026232298.932.87$1,122
Mar 2026228089.753.15$1,061
Feb 2026027263.503.75$1,020
Jan 2026135559.138.00$2,898
Dec 2025135956.664.41$1,641
Nov 2025235658.593.93$1,515
Oct 2025238759.383.30$1,398
Sep 2025238162.743.08$1,298
Aug 2025241163.933.01$1,367
Jul 2025240166.743.32$1,463
Jun 2025238566.483.13$1,338
May 2025240960.553.23$1,443
Apr 2025238762.363.54$1,496
Mar 2025238667.704.27$1,783
Feb 2025135270.884.34$1,599
Jan 2025139474.324.28$1,760
Dec 2024327168.993.12$1,053
Nov 2024133169.052.20$797
Oct 2024135771.372.28$886
Sep 2024135269.612.36$902
Aug 2024235975.632.06$892
Jul 2024136179.932.15$855
Jun 2024234978.082.63$1,075
May 2024134978.812.20$846
Apr 2024233784.451.66$728
Mar 2024134180.301.55$607
Feb 2024128876.091.78$590
Jan 2024128473.023.30$1,010
Dec 2023229271.262.61$905
Nov 2023132777.892.81$996
Oct 2023133485.443.09$1,117
Sep 2023232189.042.74$1,056
Aug 2023135380.522.67$1,024
Jul 2023238574.852.64$1,167
Jun 2023136668.962.26$896
May 2023238270.622.23$992
Apr 2023134978.122.24$859
Mar 2023140372.852.39$1,037
Feb 2023135575.112.47$950
Jan 2023140576.533.39$1,449
Dec 2022341676.415.73$2,613
Nov 2022137585.005.65$2,202
Oct 2022239387.185.86$2,479
Sep 2022138584.888.16$3,228
Aug 2022140294.529.13$3,764
Jul 20221403101.587.54$3,141
Jun 20222401115.097.98$3,429
May 20221431109.378.43$3,744
Apr 20221421104.226.84$2,983
Mar 20222429108.885.08$2,396
Feb 2022238391.054.86$2,043
Jan 2022143781.844.54$2,065
Dec 2021143871.323.90$1,779
Nov 2021036977.435.24$1,932
Oct 2021330279.795.71$1,965
Sep 2021139769.865.35$2,194
Aug 2021342166.024.22$1,975
Jul 2021140470.783.98$1,680
Jun 2021140769.493.38$1,445
May 2021242663.483.02$1,412
Apr 2021241460.362.76$1,263
Mar 2021243561.302.72$1,304
Feb 2021137857.805.55$2,155
Jan 2021142650.412.81$1,248
Dec 2020138844.642.68$1,083
Nov 2020238638.772.71$1,122
Oct 2020239636.972.48$1,055
Sep 2020238137.091.99$833
Aug 2020240139.982.39$1,036
Jul 2020139838.371.83$765
Jun 2020238334.901.69$717
May 2020139916.921.81$741
Apr 2020238814.751.80$730
Mar 2020240730.341.86$816
Feb 2020236349.881.98$819
Jan 2020140557.252.09$906
Dec 2019343859.012.30$1,186
Nov 2019144055.302.75$1,266
Oct 2019144853.472.42$1,137
Sep 2019243455.052.66$1,263
Aug 2019346753.112.30$1,235
Jul 2019144756.272.46$1,156
Jun 2019141552.782.49$1,087
May 2019242058.482.74$1,268
Apr 2019143562.632.75$1,259
Mar 2019242456.803.06$1,412
Feb 2019140850.852.79$1,190
Jan 2019245346.033.23$1,554
Dec 2018244746.594.19$1,964
Nov 2018143852.934.24$1,909
Oct 2018146161.443.40$1,628
Sep 2018344759.543.11$1,568
Aug 2018044259.403.07$1,355
Jul 2018243365.142.93$1,400
Jun 2018144460.183.08$1,426
May 2018045865.382.90$1,329
Apr 2018046963.842.90$1,360
Mar 2018050961.222.79$1,419
Feb 2018045461.782.77$1,256
Jan 2018047262.874.01$1,892
Dec 2017043457.272.92$1,268
Nov 2017041255.423.12$1,285
Oct 2017042249.292.98$1,259
Sep 2017042047.523.09$1,297
Aug 2017040745.373.00$1,223
Jul 2017041643.873.09$1,284
Jun 2017041742.493.09$1,287
May 2017040845.373.26$1,331
Apr 2017043447.933.21$1,394
Mar 2017047046.772.98$1,402
Feb 2017042450.452.95$1,252
Jan 2017050149.413.42$1,713
Dec 2016050948.763.72$1,895
Nov 2016050642.492.64$1,338
Oct 2016049246.193.09$1,520
Sep 2016047841.553.10$1,482
Aug 2016045641.442.92$1,334
Jul 2016038241.622.92$1,117
Jun 2016045645.352.69$1,225
May 2016049742.521.99$990
Apr 2016047636.561.99$948
Mar 2016048033.011.79$861
Feb 2016152326.472.06$1,106
Jan 2016058027.352.36$1,371
Dec 2015061032.362.00$1,221
Nov 2015061538.792.17$1,333
Oct 2015060643.552.43$1,471
Sep 2015060542.992.76$1,669
Aug 2015064340.162.87$1,847
Jul 2015069648.152.95$2,050
Jun 2015060456.152.88$1,741
May 2015066055.212.96$1,951
Apr 2015063049.822.71$1,705
Mar 2015062742.892.93$1,840
Feb 2015055844.662.98$1,661
Jan 2015061843.433.10$1,916
Dec 2014052154.693.59$1,871
Nov 2014052770.464.25$2,241
Oct 2014057278.303.90$2,231
Sep 2014053586.164.05$2,164
Aug 2014051689.394.04$2,082
Jul 2014056696.564.18$2,366
Jun 2014053298.164.74$2,520
May 2014054794.734.73$2,585
Apr 2014053295.944.81$2,558
Mar 2014045495.895.06$2,296
Feb 2014044397.406.19$2,743
Jan 2014051690.404.86$2,508
Dec 2013053491.824.35$2,325
Nov 2013050488.853.74$1,884
Oct 2013053597.423.78$2,022
Sep 20130553104.113.72$2,056
Aug 20130446104.253.52$1,571
Jul 20130573102.523.72$2,130
Jun 2013057994.403.93$2,277
May 2013058094.834.15$2,406
Apr 2013059193.964.28$2,531
Mar 2013060093.623.91$2,348
Feb 2013041491.233.42$1,416
Jan 2013052291.603.42$1,785
Dec 2012055586.773.42$1,898
Nov 2012059086.953.62$2,139
Oct 2012049189.383.40$1,669
Sep 2012046294.672.92$1,348
Aug 2012045092.662.91$1,309
Jul 20120485.133.02$12
Jun 2012145779.822.52$1,231
May 2012048691.612.49$1,209
Apr 20120523101.652.00$1,044
Mar 20120537105.052.22$1,193
Feb 20120526101.102.57$1,352
Jan 2012057898.092.73$1,580
Dec 2011057796.873.24$1,869
Nov 2011058895.723.31$1,947
Oct 2011056884.983.65$2,072
Sep 2011047683.623.99$1,897
Aug 2011053183.404.15$2,203
Jul 2011156994.144.52$2,664
Jun 2011053792.904.64$2,492
May 2011051298.134.40$2,255
Apr 20110510105.964.33$2,210
Mar 2011056296.364.06$2,280
Feb 2011152085.644.18$2,259
Jan 2011055786.504.59$2,556
Dec 2010055385.734.35$2,404
Nov 2010055480.843.80$2,103
Oct 2010063778.103.51$2,235
Sep 2010054972.633.98$2,185
Aug 2010067073.684.42$2,961
Jul 2010067172.554.74$3,178
Jun 2010065970.364.91$3,236
May 2010063371.124.24$2,681
Apr 2010055681.694.12$2,292
Mar 2010064878.394.39$2,844
Feb 2010059473.585.44$3,233
Jan 2010071374.365.96$4,252
Dec 2009071971.445.48$3,943
Nov 2009097974.593.75$3,673
Oct 2009074272.544.11$3,050
Sep 2009176965.543.06$2,422
Aug 2009180367.423.22$2,652
Jul 2009166861.133.46$2,375
Jun 2009048266.163.90$1,877
May 2009156454.743.93$2,269
Apr 2009161346.773.59$2,246
Mar 2009150542.144.06$2,092
Feb 2009162132.814.63$2,910
Jan 2009164635.865.37$3,506
Dec 2008281437.105.98$4,940
Nov 2008168955.496.86$4,782
Oct 2008176975.246.92$5,398
Sep 20081763101.767.88$6,112
Aug 20081706114.228.48$6,103
Jul 20081797131.0811.39$9,208
Jun 20082691131.3313.03$9,268
May 20081744123.1711.57$8,734
Apr 20080786110.3110.45$8,218
Mar 20081476101.909.66$4,702
Feb 2008156192.538.77$5,013
Jan 2008191690.388.21$7,607
Dec 2007190988.337.30$6,726
Nov 2007085791.677.29$6,249
Oct 2007382382.856.92$5,945
Sep 2007085375.846.24$5,326
Aug 200731,00269.066.39$6,608
Jul 200711,70970.906.39$10,988
Jun 200721,02362.007.55$7,846
May 200731,03158.747.85$8,266
Apr 200751,78559.617.81$14,230
Mar 200741,81156.927.30$13,452
Feb 200721,64555.108.22$13,626
Jan 200752,40350.306.73$16,416
Dec 200622,22456.656.92$15,500
Nov 200642,13354.207.62$16,465
Oct 200662,19754.906.01$13,542
Sep 200652,37060.085.04$12,239
Aug 200652,58168.717.34$19,288
Jul 200652,82769.376.34$18,278
Jun 200652,49266.286.38$16,240
May 200672,47666.016.42$16,370
Apr 200682,87864.397.36$21,699
Mar 200672,87156.707.08$20,732
Feb 200672,30257.597.75$18,246
Jan 2006102,42260.598.93$22,242
Dec 200552,79954.9413.42$37,824
Nov 200552,71254.6910.59$28,989
Oct 200592,73758.3413.80$38,284
Sep 200541,87961.4512.08$22,942
Aug 200592,44761.519.80$24,526
Jul 200551,84755.697.84$14,766
Jun 200552,03552.337.38$15,282
May 200541,65945.226.65$11,215
Apr 2005583449.207.36$6,385
Mar 2005397250.377.15$7,106
Feb 2005287945.226.31$5,639
Jan 200571,29043.166.32$8,458
Dec 2004162,02639.866.75$14,315
Nov 200482,79145.286.33$18,030
Oct 200452,91349.706.52$19,227
Sep 200431,92043.245.28$10,275
Aug 200441,74542.375.55$9,855
Jul 200462,82638.286.08$17,424
Jun 2004280836.106.43$5,270
May 2004399637.486.49$6,581
Apr 200421,05634.475.86$6,255
Mar 200421,06434.365.53$5,953
Feb 200431,00632.455.51$5,640
Jan 20041691,02932.036.30$11,895
Dec 200331,10530.266.30$7,054
Nov 200321,21428.804.60$5,636
Oct 200321,06128.174.76$5,106
Sep 200341,00726.314.75$4,888
Aug 200331,29029.765.13$6,707
Jul 200321,24329.415.17$6,486
Jun 200311,09628.565.98$6,586
May 200331,00826.595.97$6,100
Apr 200311,01426.675.41$5,510
Mar 2003268631.146.10$4,244
Feb 2003367133.487.93$5,419
Jan 200321,05430.315.58$5,944
Dec 200271,11026.914.85$5,576
Nov 2002103,04224.664.14$12,831
Oct 200272,85026.464.23$12,238
Sep 2002103,37427.443.64$12,540
Aug 200293,31025.963.16$10,707
Jul 200204,15624.583.06$12,725
Jun 200202,49923.733.34$8,342
May 200203,23524.663.58$11,594
Apr 200202,56823.653.51$9,020
Mar 200203,71822.003.10$11,536
Feb 200203,11718.222.38$7,405
Jan 200204,09117.172.38$9,719
Dec 2001513,44116.932.36$8,999
Nov 200104,07818.072.41$9,810
Oct 200104,08919.782.53$10,341
Sep 200104,00424.262.25$9,014
Aug 200104,26324.873.05$13,016
Jul 200103,96023.933.20$12,660
Jun 200105,04324.563.82$19,285
May 200104,68025.524.31$20,158
Apr 200104,31424.685.34$23,017
Mar 200105,17624.545.38$27,828
Feb 20010027.755.77$0
Jan 200105,26227.478.40$44,194
Dec 20001574,96926.889.12$49,550
Nov 200004,62032.215.66$26,140
Oct 200006,19831.235.15$31,892
Sep 200005,95231.875.19$30,870
Aug 200001,96829.644.54$8,936
Jul 200002,38828.534.09$9,766
Jun 200002,58229.304.40$11,354
May 200006,33727.263.68$23,319
Apr 200007,26424.513.12$22,635
Mar 200008,22628.422.86$23,524
Feb 200005,28627.622.73$14,412
Jan 200008,12125.272.48$20,144
Dec 199908,24324.282.42$19,979
Nov 199908,85523.192.43$21,553
Oct 199909,76020.982.80$27,364
Sep 1999010,08421.752.62$26,408
Aug 199914510,81919.262.88$33,904
Jul 199909,97617.892.37$23,667
Jun 1999010,49415.942.36$24,788
May 1999010,63815.792.32$24,691
Apr 1999010,39615.102.21$22,955
Mar 1999010,05012.471.84$18,475
Feb 199906,6099.981.82$12,014
Jan 199906,20510.381.90$11,789
Dec 199809,9379.201.77$17,621
Nov 1998010,61210.892.19$23,195
Oct 19987311,70712.421.97$23,960
Sep 1998011,61712.592.08$24,194
Aug 1998012,63611.301.91$24,101
Jul 1998012,89811.742.24$28,856
Jun 199815312,75311.242.24$30,252
May 1998012,63112.622.21$27,868
Apr 1998014,19213.042.51$35,556
Mar 1998015,16312.802.31$35,018
Feb 1998013,81013.952.30$31,751
Jan 1998016,52514.702.15$35,608
Dec 19976716,06916.322.41$39,837
Nov 199712115,21118.193.09$49,177
Oct 199708,50219.253.15$26,780
Sep 199702,14817.742.95$6,347
Aug 199703,35317.862.55$8,566
Jul 199703,09617.582.25$6,957
Jun 199703,09617.242.26$6,988
May 199702,72818.972.31$6,298
Apr 199702,47517.882.08$5,155
Mar 199702,79618.951.94$5,422
Feb 199703,07120.492.21$6,774
Jan 199702,75423.483.54$9,748
Dec 199603,00423.32$0
Nov 199602,83921.97$0
Oct 199602,38323.31$0
Sep 199602,62222.22$0
Aug 199603,02420.26$0
Jul 199662,93919.55$117
Jun 199602,31018.73$0
May 199602,40319.43$0
Apr 199602,22621.51$0
Mar 199603,37619.38$0
Feb 199602,89216.98$0
Jan 199602,92417.07$0
Dec 199503,35717.19$0
Nov 199503,59016.00$0
Oct 199514,16315.43$15
Sep 199502,98816.18$0
Aug 199503,53815.92$0
Jul 199504,14715.24$0
Jun 199514,51116.41$16
May 199523,19817.56$35
Apr 199504,51017.73$0
Mar 199505,36116.44$0
Feb 199505,58016.58$0
Jan 199506,80615.92$0
Dec 199417,58115.03$15
Nov 1994888,86315.90$1,399
Oct 199429,43615.58$31
Sep 1994111,97915.29$15
Aug 1994018,19716.13$0
Jul 1994025,14217.56$0
Jun 199416128,18817.09$2,751
May 1994034,54415.88$0
Apr 199411036,97714.14$1,555
Mar 199416936,60712.46$2,106
Feb 199411332,03912.50$1,413
Jan 199415739,33112.66$1,988
Dec 1993040,64412.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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             2 bbl  × $106.41 =       $213
Gas                  297 Mcf  × $  3.05 =       $905

────────────────────────────────────────────────────
Month total                                   $1,117

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/63311 is the state's own key, not one this site invented.