BOSTON TEXAS LAND & TRUST

Operated by MERIT ENERGY COMPANY (P-5 561136) in the JEFFRESS, NE. (T, LO.-FB,A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164323District 04Field 460914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Jul 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
347
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1985-02-20
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-06-01.

The Commission's schedule remark for this field reads: 10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.

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 Gas111998-04-03138477
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
CondensateDisposition85,271 bbl$1,799,772
GasProduction3,625,035 Mcf$11,831,482
Total$13,631,254

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 26.4384, -98.4309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43841, -98.43085 · 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
14,286 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 14,286 ft.

Completions filed
Aug 1997
1 of 1 wells

1 well

42-215323122214,286 ftAug 1997

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 (347)

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

347 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20194458.482.74$245
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201814765.142.93$203
Jun 201813260.183.08$159
May 201821065.382.90$160
Apr 20185663.842.90$337
Mar 20184461.222.79$256
Feb 20185661.782.77$326
Jan 20182262.874.01$134
Dec 2017242657.272.92$1,450
Nov 20177855.423.12$413
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017217143.873.09$1,140
Jun 20178846142.493.09$5,162
May 201715317345.373.26$7,506
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20161740633.011.79$1,290
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150243.552.43$5
Sep 20150242.992.76$6
Aug 201514440.162.87$167
Jul 20150248.152.95$6
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015639049.822.71$1,354
Mar 20150042.892.93$0
Feb 2015634744.662.98$1,301
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014530770.464.25$1,658
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140194.734.73$5
Apr 20140095.944.81$0
Mar 2014731495.895.06$2,259
Feb 20141148897.406.19$4,093
Jan 20140590.404.86$24
Dec 20130791.824.35$30
Nov 20130488.853.74$15
Oct 20130597.423.78$19
Sep 201310559104.113.72$3,119
Aug 2013121104.253.52$178
Jul 20139499102.523.72$2,778
Jun 20131792194.403.93$5,227
May 2013261,35994.834.15$8,104
Apr 2013221,21993.964.28$7,288
Mar 20131593793.623.91$5,071
Feb 20131698291.233.42$4,818
Jan 20131483091.603.42$4,121
Dec 2012171,12686.773.42$5,326
Nov 2012151,05186.953.62$5,114
Oct 2012181,16289.383.40$5,559
Sep 2012181,15194.672.92$5,063
Aug 2012301,94892.662.91$8,445
Jul 2012747585.133.02$2,031
Jun 2012210479.822.52$422
May 2012221,37091.612.49$5,424
Apr 201212810101.652.00$2,837
Mar 201202105.052.22$4
Feb 201210615101.102.57$2,592
Jan 2012231,57198.092.73$6,551
Dec 2011302,19496.873.24$10,014
Nov 2011221,57695.723.31$7,324
Oct 20111388284.983.65$4,323
Sep 2011231,70783.623.99$8,727
Aug 2011393,11983.404.15$16,194
Jul 2011251,91194.144.52$10,986
Jun 2011271,93892.904.64$11,500
May 2011181,40298.134.40$7,942
Apr 2011101,073105.964.33$5,709
Mar 2011141,92396.364.06$9,151
Feb 201101,47485.644.18$6,161
Jan 201101,11786.504.59$5,126
Dec 201001,61485.734.35$7,017
Nov 201001,17680.843.80$4,463
Oct 2010019578.103.51$684
Sep 2010082672.633.98$3,287
Aug 2010073773.684.42$3,257
Jul 201001,78772.554.74$8,464
Jun 201001,87270.364.91$9,192
May 201001,66171.124.24$7,035
Apr 201001,20981.694.12$4,984
Mar 2010059878.394.39$2,624
Feb 20100073.585.44$0
Jan 2010076474.365.96$4,557
Dec 200901,36871.445.48$7,502
Nov 200901,18374.593.75$4,438
Oct 2009048972.544.11$2,010
Sep 2009090365.543.06$2,767
Aug 200902,89567.423.22$9,318
Jul 2009485161.133.46$3,193
Jun 2009497566.163.90$4,062
May 2009132754.743.93$1,338
Apr 2009489946.773.59$3,412
Mar 20091397742.144.06$4,513
Feb 20093391,70232.814.63$19,008
Jan 20093581,65835.865.37$21,743
Dec 20082921,39237.105.98$19,153
Nov 20083511,69955.496.86$31,133
Oct 200816179275.246.92$17,596
Sep 2008139636101.767.88$19,154
Aug 20083692,123114.228.48$60,157
Jul 2008291,693131.0811.39$23,084
Jun 2008412,367131.3313.03$36,233
May 2008422,693123.1711.57$36,343
Apr 2008533,037110.3110.45$37,598
Mar 2008402,327101.909.66$26,564
Feb 2008553,96692.538.77$39,873
Jan 2008123,48590.388.21$29,682
Dec 2007205,46088.337.30$41,635
Nov 2007123,00291.677.29$22,990
Oct 200761,61582.856.92$11,676
Sep 2007287,55075.846.24$49,267
Aug 2007173,44469.066.39$23,174
Jul 2007183,94570.906.39$26,477
Jun 2007286,30062.007.55$49,291
May 2007275,28358.747.85$43,038
Apr 2007193,43059.617.81$27,904
Mar 2007135,44756.927.30$40,514
Feb 2007105,03855.108.22$41,943
Jan 2007135,81350.306.73$39,757
Dec 200694,24356.656.92$29,865
Nov 2006126,13354.207.62$47,368
Oct 2006136,63654.906.01$40,621
Sep 2006217,08460.085.04$36,945
Aug 2006268,29768.717.34$62,686
Jul 200682,72269.376.34$17,820
Jun 200683,27066.286.38$21,406
May 200683,30166.016.42$21,737
Apr 2006152,62564.397.36$20,287
Mar 20063323,63256.707.08$44,550
Feb 20062652,61457.597.75$35,523
Jan 20063223,21860.598.93$48,257
Dec 20052942,74154.9413.42$52,924
Nov 20053193,18854.6910.59$51,202
Oct 20052081,94658.3413.80$38,981
Sep 20052403,11761.4512.08$52,398
Aug 20053173,86361.519.80$57,344
Jul 20056116,99855.697.84$88,916
Jun 20052974,45952.337.38$48,454
May 20052955,35445.226.65$48,950
Apr 20054478,58349.207.36$85,167
Mar 2005157,24550.377.15$52,593
Feb 2005199,86745.226.31$63,139
Jan 20051710,37843.166.32$66,346
Dec 2004148,01739.866.75$54,681
Nov 20041612,21345.286.33$78,038
Oct 200417,11349.706.52$46,392
Sep 2004424,79043.245.28$27,126
Aug 2004575,04942.375.55$30,440
Jul 2004966,68638.286.08$44,354
Jun 2004715,35436.106.43$37,005
May 2004805,61137.486.49$39,439
Apr 20041459,55334.475.86$60,964
Mar 200428,84834.365.53$48,999
Feb 200426,85232.455.51$37,817
Jan 200439,24132.036.30$58,311
Dec 200329,06730.266.30$57,197
Nov 2003310,17828.804.60$46,856
Oct 2003310,91228.174.76$52,022
Sep 2003412,88026.314.75$61,277
Aug 200310211,49729.765.13$62,012
Jul 20039410,03029.415.17$54,628
Jun 200310110,46328.565.98$65,484
May 2003999,98426.595.97$62,264
Apr 200310910,79726.675.41$61,289
Mar 2003827,53231.146.10$48,469
Feb 2003989,24533.487.93$76,556
Jan 20031059,73430.315.58$57,518
Dec 20021209,93526.914.85$51,451
Nov 20021139,52224.664.14$42,179
Oct 200211711,01726.464.23$49,688
Sep 20022212,23127.443.64$45,066
Aug 20022513,08525.963.16$42,052
Jul 20022612,66224.583.06$39,407
Jun 20022011,31023.733.34$38,230
May 20022612,67924.663.58$46,083
Apr 20022712,60123.653.51$44,897
Mar 20021713,66622.003.10$42,776
Feb 20021613,22918.222.38$31,719
Jan 20021714,43717.172.38$34,590
Dec 20012116,96816.932.36$40,475
Nov 20012317,83918.072.41$43,328
Oct 20015217,50519.782.53$45,297
Sep 200188613,89224.262.25$52,770
Aug 20011,12617,27524.873.05$80,747
Jul 20011,01716,92423.933.20$78,444
Jun 20011,01016,56224.563.82$88,141
May 20011,05317,74925.524.31$103,323
Apr 20011,08018,49724.685.34$125,342
Mar 2001021,47624.545.38$115,464
Feb 2001020,49327.755.77$118,185
Jan 2001023,29127.478.40$195,616
Dec 2000022,54026.889.12$205,621
Nov 2000023,31232.215.66$131,899
Oct 2000422,36131.235.15$115,183
Sep 200044023,95831.875.19$138,281
Aug 200044026,12529.644.54$131,669
Jul 200045228,04228.534.09$127,580
Jun 200053132,04929.304.40$156,486
May 200051132,60527.263.68$133,908
Apr 200054534,41224.513.12$120,586
Mar 200048837,45228.422.86$120,972
Feb 200046233,10827.622.73$103,029
Jan 200059836,25325.272.48$105,037
Dec 199964038,77724.282.42$109,524
Nov 199951831,38023.192.43$88,391
Oct 199951231,55520.982.80$99,213
Sep 199925943,45221.752.62$119,428
Aug 199929046,70019.262.88$139,876
Jul 199933449,01017.892.37$122,245
Jun 199933350,71215.942.36$125,095
May 199937155,10715.792.32$133,763
Apr 199927940,55715.102.21$93,765
Mar 19991,76556,27712.471.84$125,465
Feb 19991,71453,3229.981.82$114,034
Jan 19992,00057,84010.381.90$130,653
Dec 19982,02659,1429.201.77$123,517
Nov 19982,06562,32410.892.19$158,711
Oct 19981,96570,13412.421.97$162,514
Sep 19981,07362,60212.592.08$143,885
Aug 19981,03167,77411.301.91$140,919
Jul 19981,10670,48011.742.24$170,667
Jun 19981,16574,71211.242.24$180,246
May 19981,43893,98512.622.21$225,510
Apr 19981,699102,48713.042.51$278,919
Mar 19983,806117,58312.802.31$320,268
Feb 19983,804119,32113.952.30$327,400
Jan 19985,316168,20214.702.15$440,585
Dec 19975,718166,16116.322.41$493,949
Nov 19975,967152,08518.193.09$578,218
Oct 19977,696186,78019.253.15$736,471
Sep 19976,129173,93417.742.95$622,683
Aug 19974,105116,69817.862.55$371,448
Jul 199704,31517.582.25$9,696

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 2019 — as filed, then multipliedworked
Condensate             4 bbl  × $ 58.48 =       $234
Gas                    4 Mcf  × $  2.74 =        $11

────────────────────────────────────────────────────
Month total                                     $245

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/164323 is the state's own key, not one this site invented.