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 63919District 04Field 52025500CondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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
CondensateDisposition2,321 bbl$69,816
GasProduction1,053,508 Mcf$2,728,343
Total$2,798,159

418,791 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 27.3420, -99.4240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34196, -99.42399 · 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
7,910 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 7,910 ft.

1 well

42-4793104097,910 ft

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 20263503106.413.05$1,851
Apr 2026354698.932.87$1,864
Mar 2026249289.753.15$1,729
Feb 2026041163.503.75$1,541
Jan 2026253359.138.00$4,381
Dec 2025256956.664.41$2,625
Nov 2025256558.593.93$2,336
Oct 2025260459.383.30$2,115
Sep 2025259662.743.08$1,959
Aug 2025260963.933.01$1,964
Jul 2025262066.743.32$2,189
Jun 2025256166.483.13$1,888
May 2025254260.553.23$1,873
Apr 2025251662.363.54$1,953
Mar 2025252167.704.27$2,359
Feb 2025252170.884.34$2,403
Jan 2025259974.324.28$2,712
Dec 2024541268.993.12$1,631
Nov 2024253569.052.20$1,314
Oct 2024256771.372.28$1,436
Sep 2024257869.612.36$1,506
Aug 2024458375.632.06$1,506
Jul 2024259179.932.15$1,428
Jun 2024356978.082.63$1,733
May 2024257378.812.20$1,417
Apr 2024454984.451.66$1,249
Mar 2024258580.301.55$1,065
Feb 2024251576.091.78$1,071
Jan 2024254473.023.30$1,940
Dec 2023355771.262.61$1,668
Nov 2023251277.892.81$1,593
Oct 2023250385.443.09$1,724
Sep 2023350089.042.74$1,635
Aug 2023253680.522.67$1,594
Jul 2023356874.852.64$1,725
Jun 2023253568.962.26$1,346
May 2023355170.622.23$1,439
Apr 2023252878.122.24$1,338
Mar 2023255972.852.39$1,483
Feb 2023249675.112.47$1,373
Jan 2023259176.533.39$2,155
Dec 2022457676.415.73$3,606
Nov 2022252785.005.65$3,146
Oct 2022353387.185.86$3,387
Sep 2022254884.888.16$4,643
Aug 2022255194.529.13$5,218
Jul 20222557101.587.54$4,404
Jun 20223552115.097.98$4,749
May 20222574109.378.43$5,059
Apr 20222544104.226.84$3,928
Mar 20223606108.885.08$3,403
Feb 2022355591.054.86$2,970
Jan 2022261581.844.54$2,954
Dec 2021263571.323.90$2,619
Nov 2021055277.435.24$2,891
Oct 2021443379.795.71$2,793
Sep 2021259669.865.35$3,329
Aug 2021462466.024.22$2,898
Jul 2021264270.783.98$2,698
Jun 2021260169.493.38$2,171
May 2021358863.483.02$1,965
Apr 2021357160.362.76$1,756
Mar 2021363361.302.72$1,904
Feb 2021155957.805.55$3,159
Jan 2021260950.412.81$1,812
Dec 2020259844.642.68$1,689
Nov 2020359238.772.71$1,719
Oct 2020362736.972.48$1,665
Sep 2020362037.091.99$1,346
Aug 2020364739.982.39$1,663
Jul 2020161638.371.83$1,163
Jun 2020363434.901.69$1,176
May 2020160016.921.81$1,106
Apr 2020358714.751.80$1,103
Mar 2020362730.341.86$1,255
Feb 2020353949.881.98$1,217
Jan 2020157657.252.09$1,264
Dec 2019357659.012.30$1,504
Nov 2019157755.302.75$1,642
Oct 2019159653.472.42$1,495
Sep 2019358355.052.66$1,714
Aug 2019562453.112.30$1,703
Jul 2019359456.272.46$1,630
Jun 2019260952.782.49$1,623
May 2019366958.482.74$2,009
Apr 2019257962.632.75$1,718
Mar 2019355256.803.06$1,861
Feb 2019256350.852.79$1,674
Jan 2019261146.033.23$2,064
Dec 2018357746.594.19$2,555
Nov 2018154552.934.24$2,362
Oct 2018161161.443.40$2,138
Sep 2018458659.543.11$2,059
Aug 2018058659.403.07$1,797
Jul 2018355865.142.93$1,831
Jun 2018154660.183.08$1,740
May 2018062765.382.90$1,819
Apr 2018061663.842.90$1,787
Mar 2018062861.222.79$1,750
Feb 2018051461.782.77$1,422
Jan 2018059562.874.01$2,386
Dec 2017063757.272.92$1,861
Nov 2017061955.423.12$1,930
Oct 2017062949.292.98$1,877
Sep 2017070347.523.09$2,170
Aug 2017071545.373.00$2,148
Jul 2017071043.873.09$2,192
Jun 2017068642.493.09$2,118
May 2017070045.373.26$2,284
Apr 2017068247.933.21$2,190
Mar 2017069646.772.98$2,077
Feb 2017063750.452.95$1,881
Jan 2017066049.413.42$2,256
Dec 2016064948.763.72$2,416
Nov 2016080042.492.64$2,115
Oct 2016084446.193.09$2,608
Sep 2016081641.553.10$2,530
Aug 2016082841.442.92$2,421
Jul 2016069041.622.92$2,018
Jun 2016085145.352.69$2,286
May 2016083642.521.99$1,665
Apr 2016078336.561.99$1,559
Mar 2016080933.011.79$1,451
Feb 2016170626.472.06$1,483
Jan 2016078327.352.36$1,851
Dec 2015082732.362.00$1,655
Nov 2015078538.792.17$1,701
Oct 2015082743.552.43$2,007
Sep 2015081842.992.76$2,256
Aug 2015085540.162.87$2,456
Jul 2015087848.152.95$2,586
Jun 2015082156.152.88$2,367
May 2015072455.212.96$2,140
Apr 2015078749.822.71$2,130
Mar 2015075142.892.93$2,204
Feb 2015074444.662.98$2,214
Jan 2015081443.433.10$2,524
Dec 2014084154.693.59$3,020
Nov 2014080270.464.25$3,410
Oct 2014086478.303.90$3,370
Sep 2014082786.164.05$3,346
Aug 2014084389.394.04$3,402
Jul 2014085796.564.18$3,582
Jun 2014073898.164.74$3,496
May 2014080094.734.73$3,781
Apr 2014075195.944.81$3,612
Mar 2014077195.895.06$3,899
Feb 2014066597.406.19$4,118
Jan 2014075290.404.86$3,655
Dec 2013084591.824.35$3,680
Nov 2013079588.853.74$2,972
Oct 2013088897.423.78$3,356
Sep 20130852104.113.72$3,168
Aug 20130700104.253.52$2,466
Jul 20130901102.523.72$3,350
Jun 2013090294.403.93$3,548
May 2013084694.834.15$3,510
Apr 2013084893.964.28$3,632
Mar 2013086493.623.91$3,381
Feb 2013061991.233.42$2,117
Jan 2013083991.603.42$2,869
Dec 2012085386.773.42$2,917
Nov 2012094886.953.62$3,436
Oct 2012083489.383.40$2,835
Sep 2012087394.672.92$2,548
Aug 2012088392.662.91$2,568
Jul 20120885.133.02$24
Jun 2012286679.822.52$2,341
May 2012089191.612.49$2,217
Apr 20120892101.652.00$1,781
Mar 20120885105.052.22$1,967
Feb 20120858101.102.57$2,205
Jan 2012092498.092.73$2,526
Dec 2011095396.873.24$3,087
Nov 2011093995.723.31$3,109
Oct 2011094284.983.65$3,437
Sep 2011084083.623.99$3,348
Aug 2011099283.404.15$4,116
Jul 2011295894.144.52$4,516
Jun 2011087192.904.64$4,041
May 2011093998.134.40$4,136
Apr 20110840105.964.33$3,640
Mar 2011092696.364.06$3,757
Feb 2011279285.644.18$3,482
Jan 2011087086.504.59$3,992
Dec 2010079385.734.35$3,448
Nov 2010092080.843.80$3,492
Oct 2010095378.103.51$3,344
Sep 2010091272.633.98$3,629
Aug 2010099173.684.42$4,380
Jul 201001,00272.554.74$4,746
Jun 2010098570.364.91$4,837
May 2010093971.124.24$3,977
Apr 2010092681.694.12$3,818
Mar 2010087878.394.39$3,853
Feb 2010082273.585.44$4,474
Jan 2010098374.365.96$5,863
Dec 2009093171.445.48$5,105
Nov 200902,09774.593.75$7,867
Oct 200901,69172.544.11$6,950
Sep 200921,70965.543.06$5,369
Aug 200921,85867.423.22$6,115
Jul 200921,66661.133.46$5,894
Jun 200911,61566.163.90$6,357
May 200931,50854.743.93$6,084
Apr 200921,41046.773.59$5,152
Mar 200931,46142.144.06$6,057
Feb 200921,47632.814.63$6,904
Jan 200921,83135.865.37$9,906
Dec 200851,89137.105.98$11,488
Nov 200841,97955.496.86$13,799
Oct 200821,84375.246.92$12,908
Sep 200841,985101.767.88$16,043
Aug 200842,111114.228.48$18,365
Jul 200822,185131.0811.39$25,148
Jun 200862,406131.3313.03$32,144
May 200842,921123.1711.57$34,301
Apr 200822,561110.3110.45$26,996
Mar 200831,997101.909.66$19,605
Feb 200831,89692.538.77$16,907
Jan 200811,86790.388.21$15,410
Dec 200732,47088.337.30$18,301
Nov 200702,42791.677.29$17,697
Oct 200772,27482.856.92$16,321
Sep 200701,85775.846.24$11,595
Aug 200741,83669.066.39$12,005
Jul 200721,73970.906.39$11,250
Jun 200741,81962.007.55$13,979
May 200742,09158.747.85$16,642
Apr 200751,83659.617.81$14,628
Mar 200742,05456.927.30$15,226
Feb 200721,88455.108.22$15,589
Jan 200741,98550.306.73$13,554
Dec 200622,12056.656.92$14,780
Nov 200641,89554.207.62$14,652
Oct 200652,06454.906.01$12,687
Sep 200642,08860.085.04$10,758
Aug 200642,22268.717.34$16,584
Jul 200642,44669.376.34$15,792
Jun 200642,11566.286.38$13,767
May 200662,38566.016.42$15,720
Apr 200661,92764.397.36$14,570
Mar 200672,53156.707.08$18,324
Feb 200672,15757.597.75$17,122
Jan 2006112,70560.598.93$24,831
Dec 200552,79354.9413.42$37,744
Nov 200552,75754.6910.59$29,466
Oct 200592,73658.3413.80$38,270
Sep 200541,70761.4512.08$20,865
Aug 2005102,28961.519.80$23,040
Jul 200572,40155.697.84$19,222
Jun 200562,48052.337.38$18,619
May 200582,89545.226.65$19,617
Apr 2005122,17749.207.36$16,614
Mar 200582,59650.377.15$18,977
Feb 200542,21645.226.31$14,168
Jan 2005302,76643.166.32$18,782
Dec 200472,81439.866.75$19,277
Nov 200482,82445.286.33$18,239
Oct 200483,02249.706.52$20,086
Sep 200453,29543.245.28$17,627
Aug 200453,03242.375.55$17,041
Jul 2004133,46338.286.08$21,567
Jun 200473,30536.106.43$21,514
May 20041603,72637.486.49$30,196
Apr 200453,58134.475.86$21,152
Mar 200463,20734.365.53$17,941
Feb 2004123,54732.455.51$19,932
Jan 2004133,85332.036.30$24,689
Dec 200393,32030.266.30$21,194
Nov 200383,35328.804.60$15,638
Oct 200353,85028.174.76$18,465
Sep 200361,87526.314.75$9,063
Aug 200341,70529.765.13$8,865
Jul 200341,68329.415.17$8,820
Jun 200321,71128.565.98$10,294
May 200351,55126.595.97$9,397
Apr 200331,59826.675.41$8,721
Mar 200351,53531.146.10$9,513
Feb 200351,34633.487.93$10,836
Jan 200341,46030.315.58$8,271
Dec 200271,73226.914.85$8,595
Nov 200282,09124.664.14$8,848
Oct 200272,93126.464.23$12,581
Sep 200292,87727.443.64$10,705
Aug 200283,24325.963.16$10,469
Jul 200203,33824.583.06$10,220
Jun 200203,16223.733.34$10,556
May 200203,12024.663.58$11,182
Apr 200202,81723.653.51$9,894
Mar 200202,89922.003.10$8,995
Feb 200202,77118.222.38$6,583
Jan 200202,70917.172.38$6,436
Dec 200102,96116.932.36$7,001
Nov 200103,18718.072.41$7,666
Oct 200103,11419.782.53$7,875
Sep 200103,27624.262.25$7,375
Aug 200103,40724.873.05$10,402
Jul 200103,30123.933.20$10,554
Jun 200103,66124.563.82$14,000
May 200103,95925.524.31$17,053
Apr 200103,85724.685.34$20,578
Mar 200104,36024.545.38$23,441
Feb 200103,78227.755.77$21,811
Jan 200104,22927.478.40$35,518
Dec 200002,93626.889.12$26,784
Nov 200002,86732.215.66$16,221
Oct 200002,75031.235.15$14,150
Sep 200003,06131.875.19$15,876
Aug 200004,26829.644.54$19,380
Jul 200004,28428.534.09$17,520
Jun 200004,51029.304.40$19,832
May 200004,53027.263.68$16,669
Apr 200004,81424.513.12$15,000
Mar 200004,58728.422.86$13,118
Feb 200004,42027.622.73$12,051
Jan 200004,74225.272.48$11,763
Dec 19991174,91624.282.42$14,756
Nov 199904,81823.192.43$11,727
Oct 199905,33520.982.80$14,958
Sep 199904,95921.752.62$12,987
Aug 199905,48719.262.88$15,778
Jul 199905,71717.892.37$13,563
Jun 199903,62915.942.36$8,572
May 199904,82215.792.32$11,192
Apr 199904,19515.102.21$9,263
Mar 199905,58412.471.84$10,265
Feb 199903,5769.981.82$6,500
Jan 1999423,88010.381.90$7,808
Dec 199805,9239.201.77$10,503
Nov 199804,03810.892.19$8,826
Oct 199806,11612.421.97$12,044
Sep 199805,60612.592.08$11,675
Aug 199806,01311.301.91$11,469
Jul 199805,16711.742.24$11,560
Jun 199806,19411.242.24$13,858
May 199804,61512.622.21$10,182
Apr 199803,31813.042.51$8,313
Mar 199802,29612.802.31$5,302
Feb 199802,37413.952.30$5,458
Jan 199804,76714.702.15$10,272
Dec 1997795,27116.322.41$13,998
Nov 199704,56218.193.09$14,089
Oct 199706,68919.253.15$21,069
Sep 1997164,99317.742.95$15,038
Aug 199706,70017.862.55$17,117
Jul 199703,62017.582.25$8,134
Jun 199703,62017.242.26$8,171
May 199707,30818.972.31$16,871
Apr 199708,39517.882.08$17,485
Mar 199705,79318.951.94$11,233
Feb 199707,05920.492.21$15,571
Jan 19971086,81623.483.54$26,662
Dec 199607,39023.32$0
Nov 199606,78421.97$0
Oct 199607,58823.31$0
Sep 199606,70222.22$0
Aug 199608,04420.26$0
Jul 1996010,54019.55$0
Jun 199608,52718.73$0
May 199608,20619.43$0
Apr 199608,04821.51$0
Mar 199609,11519.38$0
Feb 199609,20516.98$0
Jan 1996010,00317.07$0
Dec 1995010,02617.19$0
Nov 199509,98016.00$0
Oct 199588,87415.43$123
Sep 1995387,75416.18$615
Aug 199508,80315.92$0
Jul 199509,08215.24$0
Jun 19957410,76216.41$1,214
May 199508,81417.56$0
Apr 19959010,73717.73$1,596
Mar 19951048,75916.44$1,710
Feb 199507,41316.58$0
Jan 199507,76015.92$0
Dec 1994817,82615.03$1,217
Nov 199407,02715.90$0
Oct 199408,28315.58$0
Sep 199408,90115.29$0
Aug 1994858,83016.13$1,371
Jul 199408,33517.56$0
Jun 199408,60817.09$0
May 1994699,10215.88$1,096
Apr 199409,22014.14$0
Mar 1994789,68812.46$972
Feb 199407,96412.50$0
Jan 1994787,73512.66$987
Dec 199309,17412.33$0
Nov 199308,54714.49$0
Oct 1993819,74215.85$1,284
Sep 199309,62315.03$0
Aug 199309,81615.66$0
Jul 1993686,61415.46$1,051
Jun 199308,44316.79$0
May 1993839,98517.68$1,467
Apr 199308,94418.05$0
Mar 1993918,83018.14$1,651
Feb 199309,34717.90$0
Jan 1993829,29116.93$1,388

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             3 bbl  × $106.41 =       $319
Gas                  503 Mcf  × $  3.05 =     $1,532

────────────────────────────────────────────────────
Month total                                   $1,851

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/63919 is the state's own key, not one this site invented.