BOSTON TEXAS LAND & TRUST

Operated by SHELL WESTERN E&P (P-5 774719) in the JAVELINA (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159248District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Apr 1996 – May 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
158
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1995-04-25
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-01.

The Commission's schedule remark for this field reads: WITH DUPLICATE IN APRIL.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111996-08-13135078
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition15,529 bbl$332,505
GasProduction420,176 Mcf$743,428
Total$1,075,932

186,081 Mcf of this lease's gas, across 8 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 26.4783, -98.4501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47827, -98.45006 · 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
12,960 ft
1 wells filed one
Completion to plug
13.1 years
median over 1 well

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 12,960 ft.

Completions filed
Apr 1996
1 of 1 wells
Plug dates filed
May 2009
1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-215322802012,960 ftApr 1996May 2009Yes

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 (158)

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

158 months

May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20031026.314.75$26
Aug 2003321,67229.765.13$9,529
Jul 2003341,70229.415.17$9,801
Jun 2003321,55528.565.98$10,217
May 20031880826.595.97$5,305
Apr 2003401,82426.675.41$10,930
Mar 2003122,55931.146.10$15,973
Feb 2003102,05033.487.93$16,583
Jan 200371,53330.315.58$8,769
Dec 2002112,20526.914.85$10,999
Nov 200281,54224.664.14$6,576
Oct 2002589126.464.23$3,900
Sep 2002331,57627.443.64$6,635
Aug 2002492,46825.963.16$9,081
Jul 2002291,30124.583.06$4,696
Jun 2002251,23323.733.34$4,709
May 2002562,59624.663.58$10,685
Apr 2002502,21223.653.51$8,952
Mar 2002241,45922.003.10$5,055
Feb 2002261,61418.222.38$4,308
Jan 2002392,20117.172.38$5,899
Dec 2001432,31816.932.36$6,209
Nov 2001442,45618.072.41$6,703
Oct 2001321,71319.782.53$4,965
Sep 2001472,19124.262.25$6,073
Aug 2001381,71524.873.05$6,181
Jul 2001482,38923.933.20$8,786
Jun 2001401,90324.563.82$8,260
May 2001572,77925.524.31$13,425
Apr 2001682,18424.685.34$13,331
Mar 2001562,03924.545.38$12,337
Feb 2001572,11327.755.77$13,768
Jan 2001772,53727.478.40$23,423
Dec 2000942,88326.889.12$28,827
Nov 2000762,22332.215.66$15,026
Oct 2000762,82831.235.15$16,925
Sep 20001522,07331.875.19$15,596
Aug 20002012,91929.644.54$19,212
Jul 2000851,95628.534.09$10,425
Jun 20002163,27929.304.40$20,747
May 20001462,07927.263.68$11,630
Apr 20004373,57224.513.12$21,841
Mar 20002353,35828.422.86$16,282
Feb 2000691,98627.622.73$7,321
Jan 20001063,02225.272.48$10,175
Dec 19991012,25424.282.42$7,915
Nov 1999811,96823.192.43$6,668
Oct 1999871,81320.982.80$6,908
Sep 19991623,35321.752.62$12,305
Aug 19991933,06019.262.88$12,517
Jul 19991813,20317.892.37$10,837
Jun 19991052,31115.942.36$7,133
May 19991803,22315.792.32$10,323
Apr 19991132,10215.102.21$6,348
Mar 1999713,28812.471.84$6,930
Feb 1999451,7659.981.82$3,658
Jan 1999782,82310.381.90$6,173
Dec 1998853,0919.201.77$6,263
Nov 1998883,28410.892.19$8,136
Oct 1998773,37312.421.97$7,598
Sep 1998522,45612.592.08$5,770
Aug 1998893,45211.301.91$7,590
Jul 1998943,51511.742.24$8,968
Jun 1998933,54611.242.24$8,979
May 19981194,06412.622.21$10,468
Apr 1998343,87013.042.51$10,139
Mar 1998284,01412.802.31$9,628
Feb 19981305,05413.952.30$13,433
Jan 1998505,37914.702.15$12,326
Dec 1997414,19416.322.41$10,781
Nov 1997393,24418.193.09$10,728
Oct 1997433,99519.253.15$13,411
Sep 1997453,61117.742.95$11,468
Aug 1997444,69617.862.55$12,783
Jul 1997535,32817.582.25$12,903
Jun 1997666,54617.242.26$15,913
May 1997262,50918.972.31$6,285
Apr 1997565,32817.882.08$12,098
Mar 19973965,71618.951.94$18,588
Feb 19975087,55220.492.21$27,068
Jan 199781511,59923.483.54$60,193
Dec 199685412,95823.32$19,915
Nov 199682212,51021.97$18,059
Oct 19961,10516,88223.31$25,758
Sep 19961,19420,89822.22$26,531
Aug 19961,77831,26820.26$36,022
Jul 19962,26741,35519.55$44,320
Jun 1996043,35618.73$0
May 199606,85419.43$0
Apr 19960021.51$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.

Sep 2003 — as filed, then multipliedworked
Condensate             1 bbl  × $ 26.31 =        $26
Gas                    0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                      $26

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/159248 is the state's own key, not one this site invented.