BOSTON TEXAS LAND TRUST

Operated by HANSON PRODUCTION COMPANY (P-5 355500) in the JAVELINA, W (4900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142227District 04Field 45850750CondensateGasSave
Value, all time
$26 k
Jan 1993 – Sep 1995
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
33
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,623 bbl$26,488
GasProduction223,333 Mcf$0
Total$26,488

223,333 Mcf of this lease's gas, across 24 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 26.5002, -98.4682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.50020, -98.46819 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,400 ft
1 wells filed one
Completion to plug
3.3 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,400 ft.

Completions filed
Jun 1992
1 of 1 wells
Plug dates filed
Sep 1995
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273239717,400 ftJun 1992Sep 1995Yes

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 (33)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

33 months

Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995117016.44$1,923
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199404115.03$0
Nov 199411,78715.90$16
Oct 199451,26515.58$78
Sep 199403,42015.29$0
Aug 19941813,72216.13$2,920
Jul 1994233,79817.56$404
Jun 1994284,27317.09$479
May 19942815,15715.88$445
Apr 199425,14014.14$28
Mar 199413,16512.46$12
Feb 199406,90212.50$0
Jan 199418613,15912.66$2,355
Dec 199327,82612.33$25
Nov 1993011,25414.49$0
Oct 199318011,92915.85$2,853
Sep 1993013,41915.03$0
Aug 199317816,65215.66$2,787
Jul 1993017,80215.46$0
Jun 199317618,02916.79$2,955
May 199316519,14917.68$2,917
Apr 199317612,71318.05$3,177
Mar 1993010,47918.14$0
Feb 199317410,98117.90$3,115
Jan 1993011,27116.93$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.

Mar 1995 — as filed, then multipliedworked
Condensate           117 bbl  × $ 16.44 =     $1,923
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,923

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/142227 is the state's own key, not one this site invented.