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 64864District 04Field 52025500CondensateGasSaveExport
Value, all time
$10.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$140 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
CondensateDisposition6,224 bbl$215,149
GasProduction3,052,798 Mcf$10,278,312
Total$10,493,461

480,774 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 27.3473, -99.4322. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34728, -99.43223 · 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
7,679 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 7,679 ft.

Completions filed
Dec 1998
1 of 1 wells

1 well

42-47931001127,679 ftDec 1998

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 2026142,600106.413.05$9,409
Apr 2026143,05798.932.87$10,158
Mar 2026132,69089.753.15$9,639
Feb 202602,08963.503.75$7,834
Jan 2026123,00059.138.00$24,703
Dec 2025123,14056.664.41$14,538
Nov 2025132,53158.593.93$10,699
Oct 2025123,36959.383.30$11,847
Sep 2025123,07262.743.08$10,205
Aug 2025122,95563.933.01$9,676
Jul 2025112,98066.743.32$10,613
Jun 2025123,12066.483.13$10,559
May 2025113,15360.553.23$10,858
Apr 2025102,98062.363.54$11,182
Mar 202592,82467.704.27$12,663
Feb 2025122,50770.884.34$11,733
Jan 2025133,07174.324.28$14,106
Dec 2024252,33968.993.12$9,026
Nov 2024113,02169.052.20$7,401
Oct 2024103,16471.372.28$7,932
Sep 2024103,06369.612.36$7,938
Aug 2024203,11775.632.06$7,945
Jul 202493,36879.932.15$7,949
Jun 2024183,07078.082.63$9,492
May 202483,12778.812.20$7,505
Apr 2024192,51484.451.66$5,776
Mar 2024102,79380.301.55$5,119
Feb 2024112,77076.091.78$5,778
Jan 202483,11873.023.30$10,866
Dec 202373,75371.262.61$10,297
Nov 202331,41177.892.81$4,195
Oct 2023773685.443.09$2,870
Sep 2023191,44689.042.74$5,647
Aug 2023113,22780.522.67$9,511
Jul 2023193,72374.852.64$11,258
Jun 2023113,31768.962.26$8,250
May 2023203,35270.622.23$8,879
Apr 2023113,35578.122.24$8,367
Mar 2023113,46372.852.39$9,089
Feb 2023123,10375.112.47$8,552
Jan 2023113,40376.533.39$12,370
Dec 2022243,33976.415.73$20,963
Nov 2022113,13185.005.65$18,613
Oct 2022193,33687.185.86$21,218
Sep 2022103,07684.888.16$25,960
Aug 2022103,41994.529.13$32,151
Jul 2022103,519101.587.54$27,556
Jun 2022203,527115.097.98$30,437
May 2022123,636109.378.43$31,975
Apr 2022123,646104.226.84$26,181
Mar 2022233,919108.885.08$22,399
Feb 2022223,48891.054.86$18,951
Jan 202273,71081.844.54$17,408
Dec 202153,24671.323.90$13,013
Nov 202101,50477.435.24$7,876
Oct 2021101,64979.795.71$10,220
Sep 202141,52069.865.35$8,413
Aug 2021131,61766.024.22$7,683
Jul 202182,38370.783.98$10,056
Jun 202192,32169.493.38$8,472
May 2021213,27363.483.02$11,210
Apr 2021203,80260.362.76$11,695
Mar 2021203,98761.302.72$12,058
Feb 2021103,09657.805.55$17,754
Jan 2021103,75750.412.81$11,062
Dec 202093,64544.642.68$10,154
Nov 2020202,84938.772.71$8,486
Oct 2020193,97336.972.48$10,549
Sep 2020193,54737.091.99$7,767
Aug 2020203,65239.982.39$9,510
Jul 2020104,03338.371.83$7,744
Jun 2020204,00734.901.69$7,471
May 202093,41916.921.81$6,357
Apr 2020173,22414.751.80$6,068
Mar 2020173,11730.341.86$6,302
Feb 2020193,34949.881.98$7,581
Jan 2020104,10057.252.09$9,161
Dec 2019263,67059.012.30$9,991
Nov 2019123,93255.302.75$11,479
Oct 2019114,59753.472.42$11,706
Sep 2019214,50955.052.66$13,138
Aug 2019244,88153.112.30$12,522
Jul 2019105,02056.272.46$12,912
Jun 201994,90852.782.49$12,702
May 2019193,44458.482.74$10,549
Apr 201994,45462.632.75$12,815
Mar 2019232,98456.803.06$10,444
Feb 2019144,60450.852.79$13,567
Jan 2019224,96746.033.23$17,047
Dec 2018284,80046.594.19$21,395
Nov 2018133,80752.934.24$16,819
Oct 2018134,90861.443.40$17,477
Sep 2018423,91259.543.11$14,659
Aug 201806,38459.403.07$19,577
Jul 2018264,40165.142.93$14,597
Jun 2018144,80860.183.08$15,636
May 201805,29265.382.90$15,351
Apr 201804,31963.842.90$12,529
Mar 201805,99861.222.79$16,715
Feb 201815,94861.782.77$16,515
Jan 201807,41362.874.01$29,721
Dec 201707,78957.272.92$22,756
Nov 201707,13855.423.12$22,259
Oct 201746,68249.292.98$20,134
Sep 201705,05347.523.09$15,600
Aug 201708,22845.373.00$24,720
Jul 201706,26843.873.09$19,351
Jun 201705,31142.493.09$16,397
May 201707,05845.373.26$23,033
Apr 201704,48147.933.21$14,391
Mar 201705,75146.772.98$17,159
Feb 201704,76450.452.95$14,066
Jan 201704,53949.413.42$15,518
Dec 201604,50548.763.72$16,771
Nov 201605,16142.492.64$13,647
Oct 201604,02446.193.09$12,435
Sep 201603,39241.553.10$10,517
Aug 201603,16041.442.92$9,241
Jul 201603,12841.622.92$9,147
Jun 201603,69045.352.69$9,911
May 201603,38542.521.99$6,740
Apr 201603,48736.561.99$6,943
Mar 201603,23833.011.79$5,809
Feb 201652,26626.472.06$4,809
Jan 201602,51527.352.36$5,946
Dec 201503,45332.362.00$6,911
Nov 201502,89338.792.17$6,270
Oct 201503,28443.552.43$7,969
Sep 201503,71142.992.76$10,237
Aug 201503,90540.162.87$11,217
Jul 201503,37048.152.95$9,925
Jun 201502,90756.152.88$8,380
May 201503,01855.212.96$8,920
Apr 201502,88649.822.71$7,811
Mar 201502,40542.892.93$7,058
Feb 201503,07044.662.98$9,137
Jan 201503,08643.433.10$9,569
Dec 201402,64354.693.59$9,492
Nov 201403,24370.464.25$13,789
Oct 201403,88278.303.90$15,144
Sep 201403,61886.164.05$14,636
Aug 201403,84489.394.04$15,511
Jul 201403,87696.564.18$16,200
Jun 201403,12898.164.74$14,817
May 201404,02594.734.73$19,024
Apr 201403,14295.944.81$15,110
Mar 201403,23895.895.06$16,374
Feb 201404,32397.406.19$26,768
Jan 201404,89590.404.86$23,793
Dec 201303,78991.824.35$16,499
Nov 201303,62188.853.74$13,536
Oct 201304,82397.423.78$18,228
Sep 201306,860104.113.72$25,504
Aug 201305,799104.253.52$20,428
Jul 201308,922102.523.72$33,170
Jun 201307,01694.403.93$27,597
May 201309,49394.834.15$39,387
Apr 2013010,62193.964.28$45,485
Mar 201307,02993.623.91$27,504
Feb 201302,53691.233.42$8,673
Jan 201303,05491.603.42$10,444
Dec 201203,60486.773.42$12,326
Nov 201201,92086.953.62$6,960
Oct 201203,31889.383.40$11,280
Sep 201203,40594.672.92$9,937
Aug 201203,76392.662.91$10,943
Jul 201203385.133.02$100
Jun 201223,49279.822.52$8,956
May 201203,59291.612.49$8,938
Apr 201203,519101.652.00$7,027
Mar 201223,596105.052.22$8,201
Feb 201203,193101.102.57$8,207
Jan 201203,12298.092.73$8,536
Dec 201103,33996.873.24$10,817
Nov 201102,84195.723.31$9,407
Oct 201103,20084.983.65$11,675
Sep 201102,85983.623.99$11,395
Aug 201103,43083.404.15$14,232
Jul 201173,10894.144.52$14,699
Jun 201102,71992.904.64$12,616
May 201102,30698.134.40$10,158
Apr 201102,866105.964.33$12,419
Mar 201103,06496.364.06$12,432
Feb 201152,71885.644.18$11,789
Jan 201102,98186.504.59$13,679
Dec 201002,86485.734.35$12,452
Nov 201002,84880.843.80$10,809
Oct 201002,76878.103.51$9,713
Sep 201002,20872.633.98$8,787
Aug 201002,72973.684.42$12,060
Jul 201003,52572.554.74$16,696
Jun 201002,95070.364.91$14,486
May 201003,36571.124.24$14,252
Apr 201002,49381.694.12$10,278
Mar 201003,42978.394.39$15,049
Feb 201002,36873.585.44$12,888
Jan 201002,82274.365.96$16,831
Dec 200902,02071.445.48$11,077
Nov 200902,94874.593.75$11,059
Oct 200903,94272.544.11$16,203
Sep 200965,16665.543.06$16,226
Aug 200957,00167.423.22$22,870
Jul 200954,36761.133.46$15,435
Jun 200955,70466.163.90$22,548
May 200994,61054.743.93$18,590
Apr 2009115,76846.773.59$21,207
Mar 2009106,70842.144.06$27,649
Feb 200954,81732.814.63$22,481
Jan 200965,62535.865.37$30,427
Dec 2008166,55537.105.98$39,774
Nov 2008136,52355.496.86$45,472
Oct 200877,12875.246.92$49,867
Sep 200873,492101.767.88$28,219
Aug 200863,288114.228.48$28,577
Jul 200844,228131.0811.39$48,679
Jun 2008124,701131.3313.03$62,842
May 200895,594123.1711.57$65,855
Apr 200855,951110.3110.45$62,768
Mar 2008106,815101.909.66$66,880
Feb 200896,14192.538.77$54,693
Jan 200846,54690.388.21$54,076
Dec 200786,05688.337.30$44,927
Nov 200705,65791.677.29$41,249
Oct 2007205,70582.856.92$41,147
Sep 200706,65875.846.24$41,574
Aug 2007145,56469.066.39$36,509
Jul 200776,62970.906.39$42,842
Jun 2007136,10262.007.55$46,867
May 2007126,23958.747.85$49,658
Apr 2007175,90959.617.81$47,134
Mar 2007126,09956.927.30$45,218
Feb 200754,52755.108.22$37,469
Jan 2007114,73250.306.73$32,385
Dec 200686,10356.656.92$42,676
Nov 2006138,17754.207.62$62,993
Oct 2006125,77054.906.01$35,358
Sep 200693,36460.085.04$17,486
Aug 2006106,17268.717.34$45,989
Jul 2006125,90769.376.34$38,299
Jun 2006136,85166.286.38$44,598
May 2006206,71866.016.42$44,483
Apr 2006197,35064.397.36$55,323
Mar 2006186,74156.707.08$48,767
Feb 2006196,04257.597.75$47,926
Jan 2006276,73660.598.93$61,811
Dec 2005127,04954.9413.42$95,224
Nov 2005126,67854.6910.59$71,366
Oct 2005257,01958.3413.80$98,291
Sep 2005114,74561.4512.08$57,991
Aug 2005296,95361.519.80$69,901
Jul 2005207,51355.697.84$60,043
Jun 2005187,07552.337.38$53,163
May 2005197,48445.226.65$50,636
Apr 2005285,03649.207.36$38,445
Mar 2005235,82650.377.15$42,843
Feb 2005137,26345.226.31$46,431
Jan 2005338,00543.166.32$52,033
Dec 2004446,52239.866.75$45,784
Nov 2004237,24245.286.33$46,886
Oct 2004218,72849.706.52$57,907
Sep 2004158,72043.245.28$46,724
Aug 2004129,01842.375.55$50,564
Jul 2004327,90338.286.08$49,308
Jun 20041359,08136.106.43$63,292
May 20043010,38437.486.49$68,564
Apr 2004109,76734.475.86$57,564
Mar 2004116,40434.365.53$35,793
Feb 2004236,45632.455.51$36,316
Jan 2004257,86732.036.30$50,360
Dec 2003245,58030.266.30$35,889
Nov 2003239,97328.804.60$46,490
Oct 20031811,13828.174.76$53,520
Sep 20034110,25726.314.75$49,793
Aug 20032511,68429.765.13$60,680
Jul 20032011,23929.415.17$58,703
Jun 2003149,28428.565.98$55,946
May 20033310,57726.595.97$64,051
Apr 20032411,14026.675.41$60,877
Mar 200316811,96731.146.10$78,183
Feb 20033710,01933.487.93$80,648
Jan 20032410,11130.315.58$57,167
Dec 20023610,37626.914.85$51,331
Nov 20023510,77424.664.14$45,435
Oct 20022510,34326.464.23$44,403
Sep 20023612,30927.443.64$45,734
Aug 20023111,90025.963.16$38,458
Jul 2002012,88024.583.06$39,435
Jun 2002014,37423.733.34$47,984
May 2002014,76924.663.58$52,932
Apr 2002014,34623.653.51$50,388
Mar 2002013,84222.003.10$42,948
Feb 200207,70418.222.38$18,302
Jan 200214513,48517.172.38$34,526
Dec 2001014,12516.932.36$33,397
Nov 2001012,21418.072.41$29,381
Oct 2001011,83019.782.53$29,917
Sep 2001012,02024.262.25$27,061
Aug 2001012,97924.873.05$39,627
Jul 2001013,22423.933.20$42,278
Jun 2001013,96824.563.82$53,416
May 2001014,64325.524.31$63,072
Apr 2001011,50124.685.34$61,362
Mar 200107,21924.545.38$38,813
Feb 2001015,01627.755.77$86,598
Jan 200116317,76027.478.40$153,640
Dec 2000018,57926.889.12$169,487
Nov 2000017,55732.215.66$99,338
Oct 2000020,22631.235.15$104,073
Sep 2000018,74331.875.19$97,211
Aug 2000021,52029.644.54$97,717
Jul 2000022,90528.534.09$93,676
Jun 2000022,47229.304.40$98,815
May 200016024,67727.263.68$95,167
Apr 2000024,41724.513.12$76,083
Mar 2000015,53228.422.86$44,418
Feb 2000015,52527.622.73$42,329
Jan 2000016,27925.272.48$40,380
Dec 1999017,96224.282.42$43,535
Nov 199915818,01523.192.43$47,512
Oct 1999018,76320.982.80$52,606
Sep 1999018,13921.752.62$47,503
Aug 1999019,56119.262.88$56,250
Jul 1999017,51217.892.37$41,545
Jun 1999017,84015.942.36$42,140
May 199916020,52215.792.32$50,158
Apr 1999019,34515.102.21$42,715
Mar 1999021,82912.471.84$40,129
Feb 1999023,7639.981.82$43,196
Jan 1999023,04910.381.90$43,792
Dec 199816819,5239.201.77$36,166
Nov 1998024,15210.892.19$52,790
Oct 199817828,71712.421.97$58,761
Sep 199815533,38112.592.08$71,471
Aug 199815627,51711.301.91$54,247
Jul 199814829,84411.742.24$68,507
Jun 199814940,58611.242.24$92,477
May 199835137,96912.622.21$88,202
Apr 199831936,71113.042.51$96,133
Mar 199817621,26712.802.31$51,368
Feb 1998010,22113.952.30$23,499
Jan 1998018,63214.702.15$40,148
Dec 1997019,96016.322.41$48,126
Nov 1997019,39018.193.09$59,881
Oct 199718,81119.253.15$27,772
Sep 1997012,60117.742.95$37,234
Aug 199713213,79017.862.55$37,587
Jul 1997013,35917.582.25$30,017
Jun 1997013,35917.242.26$30,154
May 1997013,65618.972.31$31,525
Apr 1997012,15217.882.08$25,310
Mar 1997013,96718.951.94$27,084
Feb 1997111,18520.492.21$24,693
Jan 1997013,34323.483.54$47,230
Dec 1996013,82123.32$0
Nov 199615113,45221.97$3,317
Oct 1996014,21023.31$0
Sep 1996015,74922.22$0
Aug 199606,82820.26$0
Jul 199603,21319.55$0
Jun 199602,55718.73$0
May 199602,74119.43$0
Apr 199602,36221.51$0
Mar 199602,39619.38$0
Feb 199602,29116.98$0
Jan 199603,46417.07$0
Dec 1995011,62617.19$0
Nov 1995012,73316.00$0
Oct 199503,24415.43$0
Sep 199509,81516.18$0
Aug 199506,92515.92$0
Jul 199502,90915.24$0
Jun 199509,96216.41$0
May 1995010,22717.56$0
Apr 199509,45117.73$0
Mar 1995010,59416.44$0
Feb 199503,41716.58$0
Jan 199504,52215.92$0
Dec 1994012,50815.03$0
Nov 19945413,00315.90$859
Oct 1994011,96315.58$0
Sep 1994011,59515.29$0
Aug 1994011,02516.13$0
Jul 199408,64717.56$0
Jun 199407,87117.09$0
May 199406,70915.88$0
Apr 199407,31514.14$0
Mar 199407,57612.46$0
Feb 1994819,80312.50$1,013
Jan 1994014,63112.66$0
Dec 1993014,99012.33$0
Nov 1993011,90814.49$0
Oct 1993013,81015.85$0
Sep 1993015,82415.03$0
Aug 1993019,64915.66$0
Jul 199316319,14615.46$2,520
Jun 1993012,24116.79$0
May 1993017,88417.68$0
Apr 1993015,68118.05$0
Mar 1993017,17818.14$0
Feb 1993014,29817.90$0
Jan 199307,01016.93$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            14 bbl  × $106.41 =     $1,490
Gas                2,600 Mcf  × $  3.05 =     $7,919

────────────────────────────────────────────────────
Month total                                   $9,409

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/64864 is the state's own key, not one this site invented.