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 63867District 04Field 52025500CondensateGasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$5 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
CondensateDisposition4,566 bbl$139,841
GasProduction1,346,066 Mcf$3,951,111
Total$4,090,951

408,718 Mcf of this lease's gas, across 46 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.

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
8,471 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 8,471 ft.

Completions filed
Sep 1975
1 of 1 wells

1 well

42-4793102088,471 ftSep 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 2026159106.413.05$286
Apr 2026012198.932.87$347
Mar 2026010489.753.15$328
Feb 202609063.503.75$338
Jan 202619859.138.00$843
Dec 202519656.664.41$480
Nov 2025010558.593.93$412
Oct 2025010159.383.30$334
Sep 2025011162.743.08$342
Aug 2025011663.933.01$350
Jul 2025013766.743.32$454
Jun 202517166.483.13$289
May 2025110860.553.23$410
Apr 2025113462.363.54$537
Mar 2025013267.704.27$563
Feb 2025111870.884.34$583
Jan 2025113874.324.28$665
Dec 2024220268.993.12$769
Nov 2024121669.052.20$544
Oct 2024130371.372.28$763
Sep 2024138469.612.36$978
Aug 2024125775.632.06$606
Jul 2024029579.932.15$633
Jun 2024027278.082.63$716
May 20241078.812.20$79
Apr 2024126084.451.66$516
Mar 2024121080.301.55$405
Feb 2024219376.091.78$496
Jan 2024250673.023.30$1,815
Dec 2023447871.262.61$1,533
Nov 2023263877.892.81$1,947
Oct 2023241185.443.09$1,440
Sep 2023486589.042.74$2,722
Aug 2023365080.522.67$1,979
Jul 2023897274.852.64$3,167
Jun 202351,33568.962.26$3,360
May 202351,44870.622.23$3,578
Apr 202311,82078.122.24$4,151
Mar 2023140072.852.39$1,030
Feb 2023629475.112.47$1,176
Jan 202361,50276.533.39$5,548
Dec 2022141,84976.415.73$11,663
Nov 202261,76385.005.65$10,464
Oct 2022111,90287.185.86$12,112
Sep 202251,88384.888.16$15,797
Aug 202251,94294.529.13$18,198
Jul 202251,730101.587.54$13,556
Jun 2022101,683115.097.98$14,577
May 202231,819109.378.43$15,668
Apr 202211,548104.226.84$10,689
Mar 20221269108.885.08$1,474
Feb 2022217591.054.86$1,032
Jan 2022250481.844.54$2,451
Dec 2021365771.323.90$2,776
Nov 2021080877.435.24$4,231
Oct 20211185279.795.71$5,746
Sep 202151,56369.865.35$8,713
Aug 2021111,61966.024.22$7,559
Jul 202151,60270.783.98$6,733
Jun 202151,63669.493.38$5,878
May 2021101,73163.483.02$5,858
Apr 202191,76960.362.76$5,423
Mar 2021111,81061.302.72$5,592
Feb 202151,51457.805.55$8,689
Jan 202151,74750.412.81$5,162
Dec 202051,73444.642.68$4,862
Nov 2020111,67238.772.71$4,952
Oct 202091,76136.972.48$4,697
Sep 2020101,72737.091.99$3,809
Aug 2020111,83339.982.39$4,812
Jul 202061,79838.371.83$3,512
Jun 2020111,82034.901.69$3,460
May 202051,83116.921.81$3,407
Apr 2020111,70314.751.80$3,235
Mar 2020101,90430.341.86$3,838
Feb 202091,82649.881.98$4,066
Jan 202051,89457.252.09$4,254
Dec 2019121,95559.012.30$5,213
Nov 201951,87955.302.75$5,445
Oct 201941,78553.472.42$4,531
Sep 201981,73055.052.66$5,037
Aug 2019101,71253.112.30$4,476
Jul 201941,74356.272.46$4,513
Jun 201941,74052.782.49$4,546
May 201981,77858.482.74$5,340
Apr 201951,64062.632.75$4,824
Mar 201991,71256.803.06$5,754
Feb 201941,68250.852.79$4,900
Jan 201971,62046.033.23$5,552
Dec 2018101,58446.594.19$7,096
Nov 201841,62052.934.24$7,076
Oct 201841,91161.443.40$6,739
Sep 2018131,79859.543.11$6,362
Aug 201801,90659.403.07$5,845
Jul 201881,93665.142.93$6,197
Jun 201821,90760.183.08$5,988
May 201801,18465.382.90$3,435
Apr 2018088263.842.90$2,559
Mar 201802,00061.222.79$5,574
Feb 201801,78561.782.77$4,938
Jan 201802,09862.874.01$8,412
Dec 201702,22457.272.92$6,497
Nov 201702,10255.423.12$6,555
Oct 201702,27849.292.98$6,797
Sep 201702,29647.523.09$7,088
Aug 201702,30845.373.00$6,934
Jul 201702,30543.873.09$7,116
Jun 201702,32342.493.09$7,172
May 2017172,37845.373.26$8,532
Apr 201702,24347.933.21$7,204
Mar 201702,49946.772.98$7,456
Feb 201702,22550.452.95$6,570
Jan 201701,99949.413.42$6,834
Dec 201602,41648.763.72$8,994
Nov 201602,39042.492.64$6,320
Oct 201602,52846.193.09$7,812
Sep 201602,65741.553.10$8,238
Aug 201602,10541.442.92$6,156
Jul 201601,95241.622.92$5,708
Jun 201602,57145.352.69$6,905
May 201602,43542.521.99$4,848
Apr 201601,99436.561.99$3,970
Mar 201601,83033.011.79$3,283
Feb 2016131,83526.472.06$4,131
Jan 201602,03627.352.36$4,814
Dec 201502,02132.362.00$4,045
Nov 201502,15238.792.17$4,664
Oct 201502,15943.552.43$5,239
Sep 201502,20342.992.76$6,077
Aug 201542,35040.162.87$6,911
Jul 201502,51248.152.95$7,398
Jun 201502,35356.152.88$6,783
May 201502,38455.212.96$7,046
Apr 201502,42849.822.71$6,572
Mar 201502,48142.892.93$7,281
Feb 201502,33944.662.98$6,961
Jan 201502,59343.433.10$8,040
Dec 201402,54054.693.59$9,122
Nov 201402,38270.464.25$10,128
Oct 201402,42078.303.90$9,440
Sep 201402,43486.164.05$9,847
Aug 201402,48989.394.04$10,043
Jul 201402,58796.564.18$10,813
Jun 201402,10698.164.74$9,976
May 201402,25894.734.73$10,673
Apr 201402,17795.944.81$10,469
Mar 201402,19795.895.06$11,110
Feb 201401,75197.406.19$10,842
Jan 201402,38990.404.86$11,612
Dec 201302,32891.824.35$10,137
Nov 201302,23988.853.74$8,370
Oct 201302,40397.423.78$9,082
Sep 201302,351104.113.72$8,740
Aug 201303,799104.253.52$13,382
Jul 20131072,480102.523.72$20,190
Jun 201302,38494.403.93$9,377
May 201302,47794.834.15$10,277
Apr 201302,48793.964.28$10,651
Mar 201302,53293.623.91$9,907
Feb 201303,77191.233.42$12,896
Jan 201302,50891.603.42$8,577
Dec 201202,53286.773.42$8,660
Nov 201202,79286.953.62$10,121
Oct 201202,48089.383.40$8,431
Sep 201202,55294.672.92$7,448
Aug 201202,56692.662.91$7,462
Jul 201202385.133.02$69
Jun 201222,10679.822.52$5,465
May 2012522,51191.612.49$11,012
Apr 201202,590101.652.00$5,172
Mar 201202,623105.052.22$5,829
Feb 201202,465101.102.57$6,336
Jan 201202,68898.092.73$7,349
Dec 201102,85096.873.24$9,233
Nov 201102,76795.723.31$9,162
Oct 201102,88384.983.65$10,519
Sep 201102,47983.623.99$9,881
Aug 201102,82383.404.15$11,714
Jul 201102,73494.144.52$12,350
Jun 201102,52092.904.64$11,693
May 201102,71498.134.40$11,955
Apr 201102,464105.964.33$10,677
Mar 201102,62196.364.06$10,634
Feb 201132,38485.644.18$10,222
Jan 201102,53386.504.59$11,623
Dec 201002,41285.734.35$10,487
Nov 201002,35480.843.80$8,934
Oct 201003,38778.103.51$11,885
Sep 201001,67672.633.98$6,670
Aug 201002,21773.684.42$9,798
Jul 201002,33472.554.74$11,055
Jun 201002,31070.364.91$11,343
May 201002,31371.124.24$9,796
Apr 201002,29281.694.12$9,449
Mar 201002,51478.394.39$11,033
Feb 201002,27173.585.44$12,360
Jan 201002,31374.365.96$13,795
Dec 200902,48271.445.48$13,611
Nov 200902,57374.593.75$9,653
Oct 200902,59872.544.11$10,678
Sep 200932,67565.543.06$8,395
Aug 200932,90667.423.22$9,555
Jul 200922,82161.133.46$9,896
Jun 200922,31966.163.90$9,165
May 200992,55954.743.93$10,539
Apr 200942,30146.773.59$8,442
Mar 200942,51942.144.06$10,393
Feb 200922,40632.814.63$11,213
Jan 200922,63135.865.37$14,203
Dec 200862,10037.105.98$12,775
Nov 200852,55555.496.86$17,806
Oct 200832,71775.246.92$19,033
Sep 200852,674101.767.88$21,572
Aug 200852,767114.228.48$24,044
Jul 200852,630131.0811.39$30,610
Jun 200862,597131.3313.03$34,634
May 200842,691123.1711.57$31,639
Apr 200822,748110.3110.45$28,951
Mar 200842,590101.909.66$25,438
Feb 200832,38292.538.77$21,169
Jan 200852,83990.388.21$23,748
Dec 200742,65988.337.30$19,769
Nov 200702,66091.677.29$19,396
Oct 2007142,73982.856.92$20,119
Sep 200702,55475.846.24$15,948
Aug 200762,54569.066.39$16,672
Jul 200732,65570.906.39$17,173
Jun 200752,39662.007.55$18,396
May 200752,56658.747.85$20,427
Apr 200792,56059.617.81$20,518
Mar 200762,61956.927.30$19,465
Feb 200732,70355.108.22$22,373
Jan 200752,49750.306.73$17,048
Dec 200692,58856.656.92$18,415
Nov 200652,60054.207.62$20,076
Oct 200632,84654.906.01$17,280
Sep 2006122,87560.085.04$15,203
Aug 200652,91368.717.34$21,725
Jul 200663,14869.376.34$20,383
Jun 200652,87766.286.38$18,698
May 200683,07866.016.42$20,304
Apr 200672,77764.397.36$20,891
Mar 2006153,10656.707.08$22,850
Feb 2006173,01657.597.75$24,356
Jan 2006173,66360.598.93$33,753
Dec 200552,68054.9413.42$36,228
Nov 2005102,87354.6910.59$30,967
Oct 200582,96458.3413.80$41,357
Sep 200543,08361.4512.08$37,485
Aug 2005121,97661.519.80$20,097
Jul 200553,21255.697.84$25,472
Jun 200583,26252.337.38$24,496
May 200553,24745.226.65$21,822
Apr 20051733,28449.207.36$32,683
Mar 2005103,28450.377.15$24,000
Feb 2005132,96145.226.31$19,277
Jan 200562,98643.166.32$19,137
Dec 2004163,33739.866.75$23,166
Nov 200453,34345.286.33$21,389
Oct 200473,24349.706.52$21,476
Sep 2004123,13943.245.28$17,105
Aug 200453,58742.375.55$20,122
Jul 200473,44638.286.08$21,234
Jun 200473,33036.106.43$21,675
May 2004953,67837.486.49$27,448
Apr 200453,29934.475.86$19,499
Mar 200483,46234.365.53$19,420
Feb 2004399732.455.51$5,590
Jan 2004102,23932.036.30$14,425
Dec 200352,46530.266.30$15,685
Nov 200309728.804.60$446
Oct 2003426828.174.76$1,388
Sep 200361,27126.314.75$6,194
Aug 200373,01829.765.13$15,690
Jul 200363,18529.415.17$16,646
Jun 200342,75328.565.98$16,585
May 2003153,04926.595.97$18,610
Apr 200373,17326.675.41$17,344
Mar 2003253,43131.146.10$21,694
Feb 2003173,54933.487.93$28,698
Jan 2003183,95430.315.58$22,617
Dec 2002183,74526.914.85$18,662
Nov 2002183,86624.664.14$16,437
Oct 200283,64526.464.23$15,627
Sep 2002113,81727.443.64$14,177
Aug 2002103,84825.963.16$12,435
Jul 200204,06224.583.06$12,437
Jun 200204,81523.733.34$16,074
May 200204,91824.663.58$17,626
Apr 200205,06623.653.51$17,793
Mar 200205,66022.003.10$17,561
Feb 200204,71218.222.38$11,194
Jan 200204,07717.172.38$9,686
Dec 200105,38416.932.36$12,730
Nov 200105,00118.072.41$12,030
Oct 200105,41719.782.53$13,699
Sep 200104,99424.262.25$11,243
Aug 200104,28024.873.05$13,068
Jul 200103,92923.933.20$12,561
Jun 200104,62724.563.82$17,694
May 200104,68825.524.31$20,193
Apr 200105,55024.685.34$29,611
Mar 200105,42324.545.38$29,156
Feb 20010027.755.77$0
Jan 200105,10927.478.40$42,909
Dec 20001635,51126.889.12$54,656
Nov 200005,68932.215.66$32,188
Oct 200003,75031.235.15$19,296
Sep 200004,70931.875.19$24,423
Aug 200005,76029.644.54$26,155
Jul 200005,85328.534.09$23,937
Jun 200005,40929.304.40$23,785
May 200006,08127.263.68$22,377
Apr 200005,81024.513.12$18,104
Mar 200005,90528.422.86$16,887
Feb 200005,59027.622.73$15,241
Jan 200004,94725.272.48$12,271
Dec 199901,70824.282.42$4,140
Nov 199904,69223.192.43$11,420
Oct 199905,39520.982.80$15,126
Sep 199905,04321.752.62$13,207
Aug 199905,18619.262.88$14,913
Jul 199905,13717.892.37$12,187
Jun 199904,76615.942.36$11,258
May 199905,09015.792.32$11,814
Apr 199905,17115.102.21$11,418
Mar 199905,51212.471.84$10,133
Feb 199905,6529.981.82$10,274
Jan 199905,48410.381.90$10,419
Dec 199806,1489.201.77$10,902
Nov 19981435,36710.892.19$13,288
Oct 199802,87912.421.97$5,669
Sep 19980012.592.08$0
Aug 199803,68311.301.91$7,025
Jul 199804,37111.742.24$9,779
Jun 199805,04711.242.24$11,292
May 199805,34612.622.21$11,795
Apr 199805,03413.042.51$12,612
Mar 199805,58912.802.31$12,907
Feb 199804,50713.952.30$10,362
Jan 199806,38314.702.15$13,754
Dec 199704,79816.322.41$11,568
Nov 199705,45818.193.09$16,856
Oct 199705,39919.253.15$17,006
Sep 1997637,12017.742.95$22,156
Aug 199714,02917.862.55$10,311
Jul 199747,15417.582.25$16,145
Jun 199717,15417.242.26$16,165
May 199706,72218.972.31$15,518
Apr 199715,84617.882.08$12,194
Mar 199704,19618.951.94$8,137
Feb 19971579,34220.492.21$23,824
Jan 1997010,74723.483.54$38,041
Dec 19966312,71823.32$1,469
Nov 19960021.97$0
Oct 1996156023.31$3,636
Sep 199606,20522.22$0
Aug 1996010,20120.26$0
Jul 199607,53119.55$0
Jun 199607,20818.73$0
May 19961518,35419.43$2,934
Apr 199608,77021.51$0
Mar 199608,30619.38$0
Feb 199604,36316.98$0
Jan 19961535,49217.07$2,612
Dec 199507,04117.19$0
Nov 199506,41416.00$0
Oct 199507,50215.43$0
Sep 199507,23916.18$0
Aug 199507,10015.92$0
Jul 199502,50115.24$0
Jun 19951907116.41$3,118
May 199505,80317.56$0
Apr 19953259,14617.73$5,762
Mar 199509,07116.44$0
Feb 199508,78616.58$0
Jan 19951909,24815.92$3,025
Dec 1994010,11915.03$0
Nov 1994010,49315.90$0
Oct 1994011,46415.58$0
Sep 199419212,77615.29$2,936
Aug 199402,32916.13$0
Jul 1994038617.56$0
Jun 199404,23717.09$0
May 1994011,79515.88$0
Apr 199417611,30814.14$2,489
Mar 199409,36712.46$0
Feb 199403,72112.50$0
Jan 1994011,10312.66$0
Dec 199318211,97412.33$2,244
Nov 1993011,47214.49$0
Oct 19931909,26615.85$3,012
Sep 199309,93115.03$0
Aug 1993012,36115.66$0
Jul 199318013,58315.46$2,783
Jun 1993013,82016.79$0
May 199318414,54217.68$3,253
Apr 1993014,87918.05$0
Mar 199319513,68118.14$3,537
Feb 1993011,49217.90$0
Jan 1993013,54916.93$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             1 bbl  × $106.41 =       $106
Gas                   59 Mcf  × $  3.05 =       $180

────────────────────────────────────────────────────
Month total                                     $286

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/63867 is the state's own key, not one this site invented.