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 69483District 04Field 52025500CondensateGasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$7 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
CondensateDisposition5,262 bbl$132,920
GasProduction1,548,979 Mcf$3,917,825
Total$4,050,745

626,353 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 27.3503, -99.4498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35029, -99.44981 · 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
8,190 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 8,190 ft.

Completions filed
Nov 1976
1 of 1 wells

1 well

42-47931210118,190 ftNov 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 20260170106.413.05$518
Apr 202619098.932.87$357
Mar 202614889.753.15$241
Feb 2026010963.503.75$409
Jan 2026118759.138.00$1,555
Dec 2025114856.664.41$710
Nov 2025013958.593.93$546
Oct 2025112259.383.30$463
Sep 2025118262.743.08$623
Aug 2025120263.933.01$673
Jul 2025118966.743.32$693
Jun 2025118066.483.13$630
May 2025119360.553.23$684
Apr 2025115862.363.54$622
Mar 2025021967.704.27$935
Feb 202518570.884.34$440
Jan 2025126874.324.28$1,221
Dec 2024319568.993.12$816
Nov 2024144769.052.20$1,052
Oct 2024116271.372.28$441
Sep 2024131569.612.36$814
Aug 2024233575.632.06$843
Jul 2024142979.932.15$1,001
Jun 2024122378.082.63$665
May 2024132878.812.20$800
Apr 2024324684.451.66$662
Mar 2024244780.301.55$851
Feb 2024249876.091.78$1,040
Jan 2024242073.023.30$1,531
Dec 2023556071.262.61$1,818
Nov 2023383177.892.81$2,567
Oct 2023384785.443.09$2,871
Sep 2023588389.042.74$2,860
Aug 2023381780.522.67$2,425
Jul 2023590674.852.64$2,768
Jun 2023365968.962.26$1,695
May 2023799270.622.23$2,704
Apr 202331,01778.122.24$2,510
Mar 2023398972.852.39$2,585
Feb 2023384975.112.47$2,319
Jan 2023282676.533.39$2,951
Dec 2022486076.415.73$5,233
Nov 2022143185.005.65$2,519
Oct 2022334387.185.86$2,273
Sep 2022255984.888.16$4,733
Aug 2022266394.529.13$6,240
Jul 20222637101.587.54$5,007
Jun 20225840115.097.98$7,276
May 20223981109.378.43$8,601
Apr 20223983104.226.84$7,034
Mar 20226965108.885.08$5,552
Feb 2022692491.054.86$5,036
Jan 2022297681.844.54$4,592
Dec 2021393271.323.90$3,848
Nov 2021059977.435.24$3,137
Oct 2021551579.795.71$3,342
Sep 2021249469.865.35$2,783
Aug 2021493566.024.22$4,210
Jul 2021366870.783.98$2,872
Jun 202131,00869.493.38$3,616
May 202151,03063.483.02$3,426
Apr 2021490160.362.76$2,727
Mar 2021389061.302.72$2,602
Feb 2021062957.805.55$3,490
Jan 2021131950.412.81$947
Dec 2020129744.642.68$839
Nov 2020390238.772.71$2,558
Oct 2020262936.972.48$1,633
Sep 2020679337.091.99$1,801
Aug 202091,24739.982.39$3,334
Jul 202051,98138.371.83$3,807
Jun 2020112,04034.901.69$3,832
May 202052,14916.921.81$3,985
Apr 2020112,12614.751.80$3,998
Mar 2020101,74230.341.86$3,537
Feb 2020111,84149.881.98$4,195
Jan 202052,09957.252.09$4,683
Dec 2019132,17059.012.30$5,768
Nov 201952,15355.302.75$6,199
Oct 201952,11653.472.42$5,385
Sep 2019102,10455.052.66$6,141
Aug 2019122,18453.112.30$5,670
Jul 201942,10756.272.46$5,408
Jun 201941,83952.782.49$4,792
May 201951,68958.482.74$4,921
Apr 2019281062.632.75$2,353
Mar 2019461756.803.06$2,117
Feb 2019272850.852.79$2,134
Jan 2019487346.033.23$3,002
Dec 201861,13746.594.19$5,038
Nov 201831,01952.934.24$4,477
Oct 201831,14861.443.40$4,085
Sep 201891,13159.543.11$4,051
Aug 201801,15059.403.07$3,527
Jul 201841,26665.142.93$3,972
Jun 201821,00960.183.08$3,225
May 2018076565.382.90$2,219
Apr 201801,02363.842.90$2,968
Mar 2018091361.222.79$2,544
Feb 201801,06661.782.77$2,949
Jan 201801,05162.874.01$4,214
Dec 201711,03357.272.92$3,075
Nov 201701,04055.423.12$3,243
Oct 201701,14249.292.98$3,407
Sep 201701,12447.523.09$3,470
Aug 201701,07445.373.00$3,227
Jul 201701,01243.873.09$3,124
Jun 2017097342.493.09$3,004
May 2017083045.373.26$2,709
Apr 2017088047.933.21$2,826
Mar 2017095446.772.98$2,846
Feb 2017074350.452.95$2,194
Jan 2017081949.413.42$2,800
Dec 2016075348.763.72$2,803
Nov 2016052442.492.64$1,386
Oct 2016011646.193.09$358
Sep 2016045641.553.10$1,414
Aug 2016020541.442.92$599
Jul 201602741.622.92$79
Jun 2016037845.352.69$1,015
May 2016041342.521.99$822
Apr 2016012136.561.99$241
Mar 2016012733.011.79$228
Feb 2016133326.472.06$714
Jan 2016036927.352.36$872
Dec 201504532.362.00$90
Nov 2015011638.792.17$251
Oct 2015016243.552.43$393
Sep 2015016142.992.76$444
Aug 2015016440.162.87$471
Jul 2015030548.152.95$898
Jun 2015019556.152.88$562
May 2015039155.212.96$1,156
Apr 2015048349.822.71$1,307
Mar 201501,79442.892.93$5,265
Feb 201501,87144.662.98$5,568
Jan 201501,68543.433.10$5,225
Dec 201401,71654.693.59$6,163
Nov 201401,77270.464.25$7,534
Oct 201401,81778.303.90$7,088
Sep 201401,91086.164.05$7,727
Aug 201401,75389.394.04$7,074
Jul 201401,76596.564.18$7,377
Jun 201401,40798.164.74$6,665
May 201401,57594.734.73$7,444
Apr 201401,45795.944.81$7,007
Mar 2014096195.895.06$4,860
Feb 2014072197.406.19$4,464
Jan 201401,60490.404.86$7,797
Dec 201301,82391.824.35$7,938
Nov 201301,68388.853.74$6,292
Oct 201302,10497.423.78$7,952
Sep 201301,826104.113.72$6,789
Aug 201301,406104.253.52$4,953
Jul 201301,973102.523.72$7,335
Jun 201301,90694.403.93$7,497
May 201302,00194.834.15$8,302
Apr 201302,04493.964.28$8,754
Mar 201302,03593.623.91$7,963
Feb 201301,45591.233.42$4,976
Jan 201302,19691.603.42$7,510
Dec 201202,30986.773.42$7,897
Nov 201203,02786.953.62$10,973
Oct 201202,35089.383.40$7,989
Sep 201202,42694.672.92$7,080
Aug 201202,56492.662.91$7,457
Jul 201202385.133.02$69
Jun 201222,52479.822.52$6,518
May 201202,47791.612.49$6,164
Apr 201201,583101.652.00$3,161
Mar 201201,101105.052.22$2,447
Feb 20120725101.102.57$1,863
Jan 2012044698.092.73$1,219
Dec 2011047696.873.24$1,542
Nov 2011028895.723.31$954
Oct 2011024884.983.65$905
Sep 2011045883.623.99$1,826
Aug 2011072483.404.15$3,004
Jul 2011553794.144.52$2,896
Jun 2011033292.904.64$1,540
May 2011036198.134.40$1,590
Apr 20110322105.964.33$1,395
Mar 2011037296.364.06$1,509
Feb 2011224685.644.18$1,200
Jan 2011073986.504.59$3,391
Dec 2010027685.734.35$1,200
Nov 2010042480.843.80$1,609
Oct 2010029478.103.51$1,032
Sep 2010031672.633.98$1,258
Aug 2010044773.684.42$1,975
Jul 2010058772.554.74$2,780
Jun 2010028170.364.91$1,380
May 2010039571.124.24$1,673
Apr 2010023681.694.12$973
Mar 2010027178.394.39$1,189
Feb 2010041373.585.44$2,248
Jan 2010043274.365.96$2,576
Dec 2009060071.445.48$3,290
Nov 200901,74074.593.75$6,528
Oct 200901,75972.544.11$7,230
Sep 200932,77565.543.06$8,701
Aug 200943,75567.423.22$12,355
Jul 200933,58161.133.46$12,590
Jun 200943,61066.163.90$14,326
May 200974,10854.743.93$16,510
Apr 200963,07046.773.59$11,294
Mar 200973,78342.144.06$15,650
Feb 200933,82632.814.63$17,824
Jan 200942,90135.865.37$15,725
Dec 2008104,32337.105.98$26,210
Nov 200884,20855.496.86$29,312
Oct 200844,49275.246.92$31,394
Sep 200884,340101.767.88$35,001
Aug 200884,703114.228.48$40,809
Jul 200834,386131.0811.39$50,347
Jun 2008103,858131.3313.03$51,593
May 200874,466123.1711.57$52,553
Apr 200833,980110.3110.45$41,941
Mar 200874,344101.909.66$42,694
Feb 200864,18892.538.77$37,286
Jan 200824,00290.388.21$33,020
Dec 200731,37788.337.30$10,320
Nov 200702,77691.677.29$20,242
Oct 2007667782.856.92$5,183
Sep 200702,76075.846.24$17,234
Aug 200751,81869.066.39$11,959
Jul 200732,27470.906.39$14,739
Jun 200772,95662.007.55$22,747
May 200773,97658.747.85$31,608
Apr 200763,14959.617.81$24,936
Mar 200762,69756.927.30$20,035
Feb 200742,63955.108.22$21,902
Jan 200763,73350.306.73$25,413
Dec 200622,60756.656.92$18,150
Nov 200652,35454.207.62$18,203
Oct 200652,44354.906.01$14,966
Sep 200652,10660.085.04$10,909
Aug 200652,76068.717.34$20,602
Jul 200652,87169.376.34$18,557
Jun 200642,23666.286.38$14,539
May 200662,61466.016.42$17,191
Apr 200672,01864.397.36$15,304
Mar 200682,80256.707.08$20,300
Feb 200692,82757.597.75$22,431
Jan 2006143,41760.598.93$31,373
Dec 200573,83254.9413.42$51,792
Nov 200573,77954.6910.59$40,396
Oct 2005154,07258.3413.80$57,051
Sep 200563,15361.4512.08$38,454
Aug 2005153,78861.519.80$38,033
Jul 2005113,50755.697.84$28,120
Jun 2005104,07852.337.38$30,623
May 2005123,94145.226.65$26,755
Apr 2005203,53249.207.36$26,981
Mar 2005144,17950.377.15$30,605
Feb 200573,99045.226.31$25,501
Jan 2005214,49443.166.32$29,318
Dec 2004214,92439.866.75$34,079
Nov 2004104,11545.286.33$26,502
Oct 200473,38249.706.52$22,382
Sep 200452,74343.245.28$14,710
Aug 200453,06542.375.55$17,225
Jul 2004113,14538.286.08$19,556
Jun 2004982,98136.106.43$22,715
May 200482,44837.486.49$16,199
Apr 200442,64034.475.86$15,604
Mar 200452,87834.365.53$16,088
Feb 200492,61532.455.51$14,700
Jan 2004123,04532.036.30$19,567
Dec 200383,20130.266.30$20,414
Nov 200373,06328.804.60$14,277
Oct 200353,37828.174.76$16,219
Sep 2003123,08126.314.75$14,949
Aug 200373,41629.765.13$17,731
Jul 200363,29229.415.17$17,199
Jun 200342,97128.565.98$17,890
May 200352,64926.595.97$15,955
Apr 200311,31826.675.41$7,153
Mar 2003122031.146.10$1,372
Feb 2003154433.487.93$4,345
Jan 2003230030.315.58$1,735
Dec 200241,07126.914.85$5,306
Nov 200231,19224.664.14$5,005
Oct 2002266926.464.23$2,882
Sep 200251,64027.443.64$6,099
Aug 200241,38525.963.16$4,486
Jul 2002068324.583.06$2,091
Jun 2002152,98823.733.34$10,331
May 200204,38524.663.58$15,716
Apr 200204,05223.653.51$14,232
Mar 200204,33922.003.10$13,463
Feb 200205,34618.222.38$12,700
Jan 200205,84917.172.38$13,895
Dec 200105,56816.932.36$13,165
Nov 200105,17418.072.41$12,446
Oct 200105,42219.782.53$13,712
Sep 200105,91424.262.25$13,314
Aug 200106,18224.873.05$18,875
Jul 2001786,22923.933.20$21,781
Jun 200105,87424.563.82$22,463
May 200106,80325.524.31$29,303
Apr 200106,45224.685.34$34,423
Mar 200107,11324.545.38$38,243
Feb 20010027.755.77$0
Jan 200108,00327.478.40$67,215
Dec 200008,13726.889.12$74,230
Nov 200007,91232.215.66$44,766
Oct 20001598,30331.235.15$47,689
Sep 200007,01031.875.19$36,357
Aug 200007,03729.644.54$31,953
Jul 200006,08328.534.09$24,878
Jun 200006,13429.304.40$26,973
May 200007,13027.263.68$26,237
Apr 200007,94924.513.12$24,769
Mar 200007,87028.422.86$22,506
Feb 200004,83027.622.73$13,169
Jan 200006,99225.272.48$17,344
Dec 199906,69624.282.42$16,229
Nov 199905,79423.192.43$14,103
Oct 199906,14720.982.80$17,234
Sep 199905,01121.752.62$13,123
Aug 199904,92719.262.88$14,168
Jul 199905,76417.892.37$13,674
Jun 199905,90315.942.36$13,943
May 199905,66515.792.32$13,149
Apr 19991576,54015.102.21$16,811
Mar 199906,99212.471.84$12,854
Feb 199908,0709.981.82$14,670
Jan 199907,38210.381.90$14,025
Dec 199807,3559.201.77$13,043
Nov 199807,27210.892.19$15,895
Oct 199807,50312.421.97$14,775
Sep 199807,28012.592.08$15,161
Aug 199808,03711.301.91$15,329
Jul 199808,45211.742.24$18,909
Jun 199807,35911.242.24$16,464
May 199808,00212.622.21$17,655
Apr 199807,98913.042.51$20,015
Mar 199809,02412.802.31$20,840
Feb 19981478,09413.952.30$20,660
Jan 199809,49614.702.15$20,462
Dec 1997109,08716.322.41$22,073
Nov 199709,57318.193.09$29,564
Oct 199709,97919.253.15$31,432
Sep 199709,52017.742.95$28,130
Aug 19971610,76017.862.55$27,775
Jul 1997010,88717.582.25$24,462
Jun 1997010,88717.242.26$24,574
May 1997011,58118.972.31$26,735
Apr 199718910,58717.882.08$25,430
Mar 1997110,69918.951.94$20,766
Feb 199719110,33420.492.21$26,709
Jan 1997010,15023.483.54$35,928
Dec 19961959,64323.32$4,547
Nov 1996010,35421.97$0
Oct 199618211,67323.31$4,242
Sep 199618311,56622.22$4,066
Aug 199618211,64420.26$3,687
Jul 1996011,76819.55$0
Jun 199617412,91518.73$3,259
May 199614912,68119.43$2,895
Apr 1996312,94721.51$65
Mar 1996511,95719.38$97
Feb 1996011,89216.98$0
Jan 19964412,14017.07$751
Dec 19958211,87017.19$1,410
Nov 19957412,47316.00$1,184
Oct 1995013,45215.43$0
Sep 1995014,31616.18$0
Aug 19952114,94915.92$334
Jul 1995015,42015.24$0
Jun 199516512,71016.41$2,708
May 1995013,17717.56$0
Apr 1995013,98817.73$0
Mar 199517714,74916.44$2,910
Feb 1995013,54016.58$0
Jan 199519013,22915.92$3,025
Dec 1994013,72815.03$0
Nov 1994015,45715.90$0
Oct 199418110,73815.58$2,820
Sep 1994015,74315.29$0
Aug 1994015,37416.13$0
Jul 199418415,12217.56$3,231
Jun 199409,74417.09$0
May 1994010,28615.88$0
Apr 1994012,76314.14$0
Mar 199417911,69412.46$2,230
Feb 1994010,64612.50$0
Jan 199419312,39112.66$2,443
Dec 1993015,37612.33$0
Nov 1993014,64814.49$0
Oct 199318617,57715.85$2,948
Sep 199309,69915.03$0
Aug 1993012,56215.66$0
Jul 199318514,55315.46$2,860
Jun 1993013,50116.79$0
May 1993014,31417.68$0
Apr 199316910,68318.05$3,050
Mar 199319714,11918.14$3,574
Feb 1993013,51117.90$0
Jan 1993017,07116.93$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             0 bbl  × $106.41 =         $0
Gas                  170 Mcf  × $  3.05 =       $518

────────────────────────────────────────────────────
Month total                                     $518

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/69483 is the state's own key, not one this site invented.