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 169846District 04Field 460914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.6 M
Aug 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
334
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 Gas111998-10-15139511
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
CondensateDisposition45,599 bbl$999,575
GasProduction2,976,104 Mcf$9,581,914
Total$10,581,489

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 26.4379, -98.4276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43789, -98.42756 · 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
12,900 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 12,900 ft.

Completions filed
Sep 1998
1 of 1 wells

1 well

42-215325632512,900 ftSep 1998

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 (334)

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

334 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 20190058.482.74$0
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 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
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 201601,45846.193.09$4,506
Sep 201601,31441.553.10$4,074
Aug 201602,60541.442.92$7,618
Jul 2016089341.622.92$2,611
Jun 201611,97645.352.69$5,353
May 2016299942.521.99$2,074
Apr 201631,88236.561.99$3,857
Mar 201673,61033.011.79$6,707
Feb 201682,73326.472.06$5,852
Jan 201693,64127.352.36$8,855
Dec 201572,65632.362.00$5,542
Nov 2015234938.792.17$834
Oct 2015342,18843.552.43$6,790
Sep 2015231,54542.992.76$5,251
Aug 20151340.162.87$49
Jul 2015402,54448.152.95$9,418
Jun 201513456.152.88$154
May 2015301,15155.212.96$5,058
Apr 2015523,10949.822.71$11,005
Mar 2015311,71042.892.93$6,348
Feb 2015563,22144.662.98$12,087
Jan 2015683,77143.433.10$14,646
Dec 2014744,36754.693.59$19,731
Nov 2014563,45370.464.25$18,627
Oct 2014747878.303.90$2,413
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20141161798.164.74$4,002
May 2014341,79294.734.73$11,691
Apr 2014432,19195.944.81$14,662
Mar 2014733,41395.895.06$24,259
Feb 2014632,89297.406.19$24,043
Jan 2014833,70490.404.86$25,507
Dec 2013944,51091.824.35$28,270
Nov 20131364688.853.74$3,570
Oct 2013211,10497.423.78$6,218
Sep 2013271,490104.113.72$8,350
Aug 2013351,961104.253.52$10,557
Jul 2013361,998102.523.72$11,119
Jun 2013633,39394.403.93$19,293
May 2013733,82894.834.15$22,805
Apr 2013714,01493.964.28$23,861
Mar 2013583,67393.623.91$19,802
Feb 2013281,74291.233.42$8,512
Jan 2013372,28791.603.42$11,211
Dec 2012352,30686.773.42$10,924
Nov 2012342,34486.953.62$11,453
Oct 2012422,75089.383.40$13,103
Sep 2012342,17094.672.92$9,552
Aug 2012624,02092.662.91$17,436
Jul 2012412,58985.133.02$11,311
Jun 2012553,47479.822.52$13,141
May 2012674,13891.612.49$16,435
Apr 2012754,917101.652.00$17,442
Mar 20121104,053105.052.22$20,562
Feb 2012553,358101.102.57$14,191
Jan 2012704,77798.092.73$19,927
Dec 2011856,09096.873.24$27,964
Nov 2011936,53795.723.31$30,548
Oct 2011745,13484.983.65$25,020
Sep 2011483,69883.623.99$18,753
Aug 2011362,88783.404.15$14,981
Jul 2011251,85594.144.52$10,733
Jun 2011292,01992.904.64$12,062
May 2011312,43098.134.40$13,746
Apr 201103,171105.964.33$13,741
Mar 201102,92996.364.06$11,884
Feb 201102,50685.644.18$10,475
Jan 201103,49186.504.59$16,019
Dec 201003,03185.734.35$13,178
Nov 201002,31380.843.80$8,779
Oct 201001,98478.103.51$6,962
Sep 201005,06172.633.98$20,140
Aug 201002,21273.684.42$9,776
Jul 201004,35172.554.74$20,608
Jun 201003,67670.364.91$18,051
May 201003,34471.124.24$14,163
Apr 201003,95881.694.12$16,318
Mar 201021,45478.394.39$6,538
Feb 2010941,06373.585.44$12,702
Jan 20102513,15074.365.96$37,451
Dec 20092323,51771.445.48$35,860
Nov 20091952,72174.593.75$24,753
Oct 20092012,88372.544.11$26,430
Sep 20091071,86265.543.06$12,719
Aug 20092023,73567.423.22$25,640
Jul 200901,88061.133.46$6,513
Jun 200901,12166.163.90$4,366
May 200901,59554.743.93$6,262
Apr 2009089746.773.59$3,218
Mar 200912,34542.144.06$9,561
Feb 2009151,55932.814.63$7,715
Jan 2009212,00935.865.37$11,543
Dec 2008212,14237.105.98$13,582
Nov 2008191,94655.496.86$14,405
Oct 2008202,07775.246.92$15,882
Sep 2008363,660101.767.88$32,494
Aug 2008232,756114.228.48$26,006
Jul 200801,188131.0811.39$13,531
Jun 200803,291131.3313.03$42,890
May 200804,342123.1711.57$50,256
Apr 200802,815110.3110.45$29,430
Mar 200802,700101.909.66$26,093
Feb 200803,54892.538.77$31,118
Jan 2008402,07690.388.21$20,650
Dec 2007683,26188.337.30$29,818
Nov 2007894,46191.677.29$40,687
Oct 2007371,95882.856.92$16,619
Sep 2007602,95175.846.24$22,977
Aug 200732,31569.066.39$14,995
Jul 200723,09770.906.39$19,925
Jun 200722,48762.007.55$18,897
May 200743,16158.747.85$25,037
Apr 200722,41959.617.81$19,000
Mar 200752,04356.927.30$15,203
Feb 200741,82655.108.22$15,223
Jan 200772,86250.306.73$19,604
Dec 200641,73856.656.92$12,251
Nov 200652,91454.207.62$22,468
Oct 200652,72254.906.01$16,644
Sep 200672,56360.085.04$13,331
Aug 200682,83568.717.34$21,358
Jul 200651,69469.376.34$11,091
Jun 200641,68166.286.38$10,996
May 200672,99766.016.42$19,718
Apr 200692,67964.397.36$20,298
Mar 200632,35856.707.08$16,872
Feb 200631,91457.597.75$15,008
Jan 200653,01060.598.93$27,192
Dec 200552,84754.9413.42$38,468
Nov 200542,95954.6910.59$31,550
Oct 200584,58958.3413.80$63,775
Sep 2005285,18061.4512.08$64,290
Aug 2005112,04461.519.80$20,701
Jul 2005121,91055.697.84$15,650
Jun 2005142,79952.337.38$21,392
May 2005277,28245.226.65$49,655
Apr 2005133,53549.207.36$26,659
Mar 200576,35650.377.15$45,829
Feb 200557,36445.226.31$46,707
Jan 200533,56943.166.32$22,693
Dec 200455,63939.866.75$38,269
Nov 200477,88245.286.33$50,213
Oct 200456,56449.706.52$43,014
Sep 2004184,87443.245.28$26,532
Aug 2004113,25142.375.55$18,511
Jul 2004133,89238.286.08$24,177
Jun 2004164,32236.106.43$28,381
May 2004204,99537.486.49$33,190
Apr 2004389,26734.475.86$55,600
Mar 200409,94034.365.53$54,970
Feb 200408,94332.455.51$49,273
Jan 2004010,76132.036.30$67,790
Dec 200308,48230.266.30$53,451
Nov 2003011,75928.804.60$54,034
Oct 2003012,65928.174.76$60,252
Sep 2003010,82326.314.75$51,402
Aug 2003014,43729.765.13$74,058
Jul 2003011,53229.415.17$59,630
Jun 200309,10928.565.98$54,499
May 2003013,84526.595.97$82,692
Apr 2003017,35726.675.41$93,854
Mar 2003209,93531.146.10$61,187
Feb 20032110,11833.487.93$80,897
Jan 20032412,23630.315.58$69,029
Dec 20022812,18726.914.85$59,906
Nov 20023215,04724.664.14$63,038
Oct 200273,13026.464.23$13,422
Sep 20025014,20127.443.64$52,995
Aug 20024612,81625.963.16$41,746
Jul 20024913,02524.583.06$41,084
Jun 20024713,45923.733.34$46,045
May 20025414,74824.663.58$54,188
Apr 2002369,42123.653.51$33,941
Mar 2002015,21322.003.10$47,202
Feb 2002010,09118.222.38$23,973
Jan 2002013,56117.172.38$32,217
Dec 2001017,51216.932.36$41,405
Nov 2001015,59018.072.41$37,502
Oct 2001315,12219.782.53$38,301
Sep 200110113,67524.262.25$33,237
Aug 200113217,66324.873.05$57,211
Jul 200111817,36723.933.20$58,347
Jun 20019913,68624.563.82$54,769
May 200110615,77425.524.31$70,649
Apr 20019815,11824.685.34$83,078
Mar 2001018,08024.545.38$97,206
Feb 2001014,71627.755.77$84,868
Jan 2001022,64727.478.40$190,207
Dec 2000022,53426.889.12$205,566
Nov 2000019,59932.215.66$110,891
Oct 2000420,08031.235.15$103,447
Sep 200048818,62831.875.19$112,167
Aug 200039516,43129.644.54$86,317
Jul 200058025,22728.534.09$119,720
Jun 200061925,11829.304.40$128,587
May 200076233,16427.263.68$142,807
Apr 200083131,78224.513.12$119,401
Mar 200046839,11928.422.86$125,171
Feb 200049939,44127.622.73$121,318
Jan 200037626,77125.272.48$75,907
Dec 199955239,38824.282.42$108,868
Nov 199970350,59923.192.43$139,460
Oct 199952238,42120.982.80$118,673
Sep 19991,16043,37521.752.62$138,823
Aug 19991,61755,50119.262.88$190,742
Jul 19991,76758,79317.892.37$171,090
Jun 19991,96467,21315.942.36$190,070
May 19992,31882,46515.792.32$228,004
Apr 19992,42589,32415.102.21$233,849
Mar 19991,827101,34312.471.84$209,085
Feb 19992,069111,3249.981.82$223,012
Jan 19992,905145,84310.381.90$307,248
Dec 19983,616182,2909.201.77$356,526
Nov 19984,329225,80010.892.19$540,678
Oct 19984,482278,31812.421.97$603,733
Sep 19982,318127,42712.592.08$294,566
Aug 19983587,08511.301.91$17,559

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.

Oct 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.19 =         $0
Gas                1,458 Mcf  × $  3.09 =     $4,506

────────────────────────────────────────────────────
Month total                                   $4,506

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/169846 is the state's own key, not one this site invented.