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 66466District 04Field 52025500CondensateGasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 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
CondensateDisposition3,149 bbl$95,044
GasProduction1,172,550 Mcf$3,337,181
Total$3,432,225

359,246 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 27.3545, -99.4302. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35447, -99.43016 · 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
7,560 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 7,560 ft.

Completions filed
May 1976
1 of 1 wells

1 well

42-47931196107,560 ftMay 1976

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 20265355106.413.05$1,613
Apr 2026595598.932.87$3,235
Mar 2026785889.753.15$3,330
Feb 2026079663.503.75$2,985
Jan 202651,28159.138.00$10,541
Dec 202501,33756.664.41$5,901
Nov 2025129458.593.93$1,213
Oct 202524359.383.30$261
Sep 202549462.743.08$540
Aug 2025488563.933.01$2,924
Jul 2025397666.743.32$3,436
Jun 2025387166.483.13$2,925
May 2025385760.553.23$2,952
Apr 2025388662.363.54$3,326
Mar 2025486667.704.27$3,967
Feb 2025387870.884.34$4,024
Jan 202531,03174.324.28$4,634
Dec 2024768868.993.12$2,630
Nov 2024388169.052.20$2,144
Oct 2024389571.372.28$2,256
Sep 2024383169.612.36$2,174
Aug 2024586375.632.06$2,159
Jul 2024287879.932.15$2,045
Jun 2024588678.082.63$2,724
May 2024382878.812.20$2,057
Apr 2024584384.451.66$1,821
Mar 2024379880.301.55$1,474
Feb 2024373776.091.78$1,543
Jan 2024370573.023.30$2,544
Dec 2023678271.262.61$2,469
Nov 2023390177.892.81$2,763
Oct 2023388285.443.09$2,979
Sep 2023581189.042.74$2,663
Aug 2023285280.522.67$2,438
Jul 2023681574.852.64$2,602
Jun 2023384468.962.26$2,113
May 202331,18170.622.23$2,842
Apr 2023184678.122.24$1,971
Mar 2023228172.852.39$818
Feb 2023452775.112.47$1,600
Jan 202341,24576.533.39$4,524
Dec 2022101,21076.415.73$7,696
Nov 202241,21385.005.65$7,189
Oct 202271,13787.185.86$7,277
Sep 202231,16384.888.16$9,749
Aug 202231,27194.529.13$11,884
Jul 202231,176101.587.54$9,174
Jun 202271,126115.097.98$9,788
May 202231,233109.378.43$10,726
Apr 202241,200104.226.84$8,622
Mar 202271,184108.885.08$6,773
Feb 202271,08291.054.86$5,895
Jan 202241,34881.844.54$6,444
Dec 202141,22471.323.90$5,058
Nov 202101,09877.435.24$5,750
Oct 2021994079.795.71$6,089
Sep 202141,16669.865.35$6,519
Aug 202171,21966.024.22$5,607
Jul 202131,21570.783.98$5,051
Jun 2021396469.493.38$3,467
May 202151,16863.483.02$3,842
Apr 202151,05960.362.76$3,223
Mar 202151,15461.302.72$3,442
Feb 2021387057.805.55$5,000
Jan 202131,03150.412.81$3,049
Dec 202031,07444.642.68$3,007
Nov 2020695138.772.71$2,807
Oct 202061,03736.972.48$2,792
Sep 202061,10537.091.99$2,423
Aug 202061,22039.982.39$3,150
Jul 202031,47338.371.83$2,804
Jun 202061,43334.901.69$2,632
May 202031,37816.921.81$2,551
Apr 202061,17714.751.80$2,212
Mar 202061,10930.341.86$2,241
Feb 202061,06549.881.98$2,409
Jan 202021,17157.252.09$2,567
Dec 201961,11759.012.30$2,928
Nov 2019396755.302.75$2,826
Oct 201921,03453.472.42$2,608
Sep 2019598355.052.66$2,887
Aug 201961,14253.112.30$2,950
Jul 201921,00956.272.46$2,595
Jun 2019285052.782.49$2,223
May 2019596558.482.74$2,937
Apr 2019392762.632.75$2,738
Mar 201961,01156.803.06$3,437
Feb 201931,02750.852.79$3,020
Jan 201941,10246.033.23$3,742
Dec 201851,19046.594.19$5,214
Nov 201831,10652.934.24$4,845
Oct 201831,14361.443.40$4,068
Sep 2018111,28559.543.11$4,649
Aug 201801,68359.403.07$5,161
Jul 2018469265.142.93$2,289
Jun 2018281460.183.08$2,625
May 2018093565.382.90$2,712
Apr 2018089663.842.90$2,599
Mar 201801,00261.222.79$2,792
Feb 2018193661.782.77$2,651
Jan 201801,07062.874.01$4,290
Dec 201701,25757.272.92$3,672
Nov 201701,31655.423.12$4,104
Oct 201711,22349.292.98$3,698
Sep 201701,11247.523.09$3,433
Aug 201701,13445.373.00$3,407
Jul 201701,20043.873.09$3,705
Jun 201701,28142.493.09$3,955
May 201701,08845.373.26$3,551
Apr 201701,18147.933.21$3,793
Mar 201701,23746.772.98$3,691
Feb 201701,26250.452.95$3,726
Jan 201701,29549.413.42$4,427
Dec 201601,12748.763.72$4,196
Nov 201601,33842.492.64$3,538
Oct 201601,52546.193.09$4,713
Sep 201601,40741.553.10$4,363
Aug 201601,21441.442.92$3,550
Jul 201601,10541.622.92$3,231
Jun 201601,39845.352.69$3,755
May 201601,66542.521.99$3,315
Apr 201601,38036.561.99$2,748
Mar 201601,26533.011.79$2,269
Feb 201621,32326.472.06$2,783
Jan 201601,46827.352.36$3,471
Dec 201501,73232.362.00$3,466
Nov 201501,00038.792.17$2,167
Oct 201501,22943.552.43$2,982
Sep 201501,38342.992.76$3,815
Aug 201501,43840.162.87$4,131
Jul 201501,49448.152.95$4,400
Jun 201501,29256.152.88$3,725
May 201501,00955.212.96$2,982
Apr 201501,13449.822.71$3,069
Mar 201501,31542.892.93$3,859
Feb 201501,31244.662.98$3,905
Jan 201501,64143.433.10$5,088
Dec 201401,71654.693.59$6,163
Nov 2014094970.464.25$4,035
Oct 201401,15378.303.90$4,498
Sep 201401,17086.164.05$4,733
Aug 201401,49189.394.04$6,016
Jul 201401,58796.564.18$6,633
Jun 201401,70098.164.74$8,053
May 201401,78194.734.73$8,418
Apr 201401,59995.944.81$7,690
Mar 201401,93795.895.06$9,795
Feb 201401,46197.406.19$9,047
Jan 201401,37590.404.86$6,683
Dec 201301,24491.824.35$5,417
Nov 201301,39988.853.74$5,230
Oct 201301,79497.423.78$6,780
Sep 201301,986104.113.72$7,383
Aug 201301,743104.253.52$6,140
Jul 201301,952102.523.72$7,257
Jun 201301,57394.403.93$6,187
May 201301,90494.834.15$7,900
Apr 201301,88593.964.28$8,073
Mar 201301,83893.623.91$7,192
Feb 201301,36191.233.42$4,655
Jan 201301,84191.603.42$6,296
Dec 201201,88186.773.42$6,433
Nov 201202,21386.953.62$8,022
Oct 201202,09889.383.40$7,133
Sep 201201,97294.672.92$5,755
Aug 201202,25592.662.91$6,558
Jul 201201885.133.02$54
Jun 201222,08879.822.52$5,419
May 201202,21191.612.49$5,502
Apr 201201,694101.652.00$3,383
Mar 201201,303105.052.22$2,895
Feb 201201,139101.102.57$2,928
Jan 201201,18198.092.73$3,229
Dec 201101,40796.873.24$4,558
Nov 201101,46295.723.31$4,841
Oct 201101,26584.983.65$4,615
Sep 201101,21483.623.99$4,839
Aug 201101,48783.404.15$6,170
Jul 201121,34994.144.52$6,282
Jun 201101,08792.904.64$5,044
May 201101,27798.134.40$5,625
Apr 201101,480105.964.33$6,413
Mar 201101,14396.364.06$4,638
Feb 201121,52685.644.18$6,550
Jan 201101,13986.504.59$5,227
Dec 201001,23785.734.35$5,378
Nov 201001,48980.843.80$5,651
Oct 201001,32778.103.51$4,656
Sep 201001,29172.633.98$5,138
Aug 201001,39373.684.42$6,156
Jul 201001,36972.554.74$6,484
Jun 201001,32570.364.91$6,506
May 201001,39171.124.24$5,891
Apr 201001,29181.694.12$5,322
Mar 201001,37178.394.39$6,017
Feb 201001,50873.585.44$8,207
Jan 201001,72174.365.96$10,264
Dec 200901,79271.445.48$9,827
Nov 200902,25674.593.75$8,463
Oct 200901,58772.544.11$6,523
Sep 200921,63865.543.06$5,151
Aug 200911,54467.423.22$5,037
Jul 200911,52961.133.46$5,358
Jun 2009177266.163.90$3,073
May 200921,22154.743.93$4,903
Apr 200921,11346.773.59$4,086
Mar 200921,22942.144.06$5,073
Feb 200911,09432.814.63$5,101
Jan 200911,41835.865.37$7,652
Dec 200841,53437.105.98$9,317
Nov 200821,32555.496.86$9,201
Oct 200811,36875.246.92$9,545
Sep 200821,340101.767.88$10,759
Aug 200821,332114.228.48$11,528
Jul 200811,399131.0811.39$16,065
Jun 200831,328131.3313.03$17,701
May 200821,563123.1711.57$18,337
Apr 200811,470110.3110.45$15,479
Mar 200821,236101.909.66$12,149
Feb 200821,46292.538.77$13,008
Jan 200811,49990.388.21$12,391
Dec 200721,41588.337.30$10,509
Nov 200701,31091.677.29$9,552
Oct 200751,31082.856.92$9,482
Sep 200701,24375.846.24$7,761
Aug 200752,12869.066.39$13,939
Jul 200722,18770.906.39$14,112
Jun 200741,73062.007.55$13,307
May 200752,34758.747.85$18,709
Apr 200772,58459.617.81$20,586
Mar 200762,78056.927.30$20,641
Feb 200732,59755.108.22$21,502
Jan 200762,85750.306.73$19,520
Dec 200632,88656.656.92$20,137
Nov 200662,85754.207.62$22,088
Oct 200652,93054.906.01$17,895
Sep 200641,72860.085.04$8,945
Aug 200642,33368.717.34$17,399
Jul 200652,73869.376.34$17,713
Jun 200652,55166.286.38$16,617
May 200672,82766.016.42$18,626
Apr 200672,50664.397.36$18,896
Mar 200672,73256.707.08$19,747
Feb 200682,57657.597.75$20,428
Jan 2006112,87060.598.93$26,305
Dec 200552,70454.9413.42$36,550
Nov 200542,48954.6910.59$26,573
Oct 2005102,77758.3413.80$38,894
Sep 200542,33761.4512.08$28,474
Aug 2005102,46461.519.80$24,755
Jul 200582,54755.697.84$20,423
Jun 200572,88752.337.38$21,675
May 200582,65545.226.65$18,021
Apr 2005142,67449.207.36$20,371
Mar 2005102,65150.377.15$19,471
Feb 200553,11945.226.31$19,913
Jan 2005122,91043.166.32$18,916
Dec 2004152,58539.866.75$18,049
Nov 200462,36745.286.33$15,256
Oct 200442,20049.706.52$14,532
Sep 200441,69243.245.28$9,113
Aug 200442,43142.375.55$13,663
Jul 2004123,05138.286.08$19,022
Jun 200473,15336.106.43$20,536
May 2004703,68837.486.49$26,576
Apr 200453,48434.475.86$20,583
Mar 200463,30334.365.53$18,472
Feb 2004123,39232.455.51$19,078
Jan 2004144,11932.036.30$26,397
Dec 200393,56830.266.30$22,757
Nov 200373,28728.804.60$15,306
Oct 200353,32128.174.76$15,948
Sep 200392,39926.314.75$11,631
Aug 200362,62929.765.13$13,665
Jul 200352,76529.415.17$14,444
Jun 200332,56628.565.98$15,438
May 200392,48226.595.97$15,064
Apr 200373,33226.675.41$18,204
Mar 20032583,74531.146.10$30,864
Feb 2003133,64633.487.93$29,333
Jan 200383,54430.315.58$20,025
Dec 2002123,28926.914.85$16,287
Nov 2002123,60924.664.14$15,226
Oct 200293,80726.464.23$16,338
Sep 2002124,08927.443.64$15,194
Aug 2002103,64525.963.16$11,793
Jul 200203,89824.583.06$11,935
Jun 200203,57823.733.34$11,944
May 200203,51424.663.58$12,594
Apr 200203,07523.653.51$10,800
Mar 200203,05822.003.10$9,488
Feb 200203,41818.222.38$8,120
Jan 200204,36317.172.38$10,365
Dec 200104,39716.932.36$10,396
Nov 200104,50318.072.41$10,832
Oct 200103,77119.782.53$9,536
Sep 200104,02724.262.25$9,066
Aug 200104,25424.873.05$12,988
Jul 200104,07923.933.20$13,041
Jun 200103,95924.563.82$15,140
May 200104,92925.524.31$21,231
Apr 200104,74724.685.34$25,327
Mar 200104,89624.545.38$26,323
Feb 200104,18227.755.77$24,118
Jan 200104,85627.478.40$40,784
Dec 200004,85726.889.12$44,308
Nov 200005,05732.215.66$28,613
Oct 20001214,70931.235.15$28,009
Sep 200004,47631.875.19$23,215
Aug 200004,97429.644.54$22,586
Jul 200005,34228.534.09$21,847
Jun 200005,46829.304.40$24,044
May 200005,15527.263.68$18,969
Apr 200005,08924.513.12$15,857
Mar 200005,40828.422.86$15,466
Feb 200005,09327.622.73$13,886
Jan 200005,54325.272.48$13,749
Dec 199905,62124.282.42$13,624
Nov 199905,76523.192.43$14,032
Oct 199905,47220.982.80$15,342
Sep 19991515,42921.752.62$17,502
Aug 199905,96519.262.88$17,153
Jul 199905,45417.892.37$12,939
Jun 199905,54015.942.36$13,086
May 199905,73615.792.32$13,313
Apr 199905,66615.102.21$12,511
Mar 199906,36612.471.84$11,703
Feb 199906,8679.981.82$12,483
Jan 199906,49010.381.90$12,331
Dec 199806,7539.201.77$11,975
Nov 199805,20210.892.19$11,370
Oct 199806,00912.421.97$11,833
Sep 199805,85112.592.08$12,185
Aug 19981406,10211.301.91$13,221
Jul 199806,20711.742.24$13,887
Jun 199805,61611.242.24$12,565
May 199806,44812.622.21$14,226
Apr 199805,96113.042.51$14,934
Mar 199806,48112.802.31$14,967
Feb 199805,60913.952.30$12,896
Jan 199806,68614.702.15$14,407
Dec 1997895,74216.322.41$15,297
Nov 199705,40618.193.09$16,695
Oct 199706,28119.253.15$19,784
Sep 199706,27517.742.95$18,542
Aug 19971486,76417.862.55$19,924
Jul 199707,07717.582.25$15,902
Jun 199727,07717.242.26$16,009
May 199707,67018.972.31$17,706
Apr 199707,77917.882.08$16,202
Mar 199717,33918.951.94$14,250
Feb 199706,16520.492.21$13,599
Jan 19971606,87123.483.54$28,078
Dec 199617,32723.32$23
Nov 199606,54821.97$0
Oct 199606,94123.31$0
Sep 199607,13622.22$0
Aug 199607,85020.26$0
Jul 199607,19119.55$0
Jun 199607,33018.73$0
May 19961116,45519.43$2,157
Apr 199606,43321.51$0
Mar 199607,28019.38$0
Feb 199607,14816.98$0
Jan 1996977,46917.07$1,656
Dec 199507,83817.19$0
Nov 199507,80016.00$0
Oct 1995428,41315.43$648
Sep 1995677,97616.18$1,084
Aug 199508,97715.92$0
Jul 199506,93515.24$0
Jun 1995808,70016.41$1,313
May 199509,51017.56$0
Apr 19957413,00417.73$1,312
Mar 1995678,51216.44$1,101
Feb 199505,42316.58$0
Jan 199505,59415.92$0
Dec 1994555,99415.03$827
Nov 199406,00715.90$0
Oct 199405,76815.58$0
Sep 199405,66215.29$0
Aug 1994677,80016.13$1,081
Jul 199408,33617.56$0
Jun 199406,97617.09$0
May 1994578,47515.88$905
Apr 199408,16814.14$0
Mar 1994506,96012.46$623
Feb 199407,07512.50$0
Jan 1994647,02412.66$810
Dec 199307,94012.33$0
Nov 199308,61714.49$0
Oct 1993577,61315.85$903
Sep 199308,00915.03$0
Aug 199307,30215.66$0
Jul 1993737,88415.46$1,129
Jun 199307,83816.79$0
May 1993547,34617.68$955
Apr 199307,45518.05$0
Mar 1993556,00318.14$998
Feb 199307,02817.90$0
Jan 1993648,17616.93$1,084

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             5 bbl  × $106.41 =       $532
Gas                  355 Mcf  × $  3.05 =     $1,081

────────────────────────────────────────────────────
Month total                                   $1,613

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/66466 is the state's own key, not one this site invented.