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 172439District 04Field 460914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Jan 1999 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
329
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 Gas111999-04-27140229
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
CondensateDisposition50,332 bbl$1,316,795
GasProduction2,441,535 Mcf$8,997,403
Total$10,314,199

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 26.4404, -98.4267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44040, -98.42669 · 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
13,003 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 13,003 ft.

Completions filed
Jan 1999
1 of 1 wells

1 well

42-215326052613,003 ftJan 1999

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 (329)

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

329 months

May 20260590106.413.05$1,797
Apr 2026072498.932.87$2,078
Mar 2026066989.753.15$2,107
Feb 2026083663.503.75$3,135
Jan 2026090259.138.00$7,214
Dec 2025088856.664.41$3,919
Nov 202501,06758.593.93$4,190
Oct 202501,01259.383.30$3,345
Sep 202501,16862.743.08$3,594
Aug 202501,28863.933.01$3,883
Jul 202502766.743.32$90
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 2024058673.023.30$1,932
Dec 2023065771.262.61$1,715
Nov 2023053777.892.81$1,508
Oct 2023058385.443.09$1,800
Sep 2023072089.042.74$1,969
Aug 2023066280.522.67$1,769
Jul 2023058274.852.64$1,538
Jun 2023069168.962.26$1,561
May 2023057170.622.23$1,272
Apr 2023071878.122.24$1,607
Mar 2023061372.852.39$1,467
Feb 2023075475.112.47$1,859
Jan 2023086576.533.39$2,930
Dec 2022097276.415.73$5,569
Nov 2022095085.005.65$5,364
Oct 2022096987.185.86$5,682
Sep 2022064984.888.16$5,298
Aug 2022072094.529.13$6,572
Jul 20220800101.587.54$6,034
Jun 20220791115.097.98$6,310
May 20220749109.378.43$6,316
Apr 20220740104.226.84$5,060
Mar 20220868108.885.08$4,406
Feb 2022044491.054.86$2,157
Jan 2022070181.844.54$3,181
Dec 2021067371.323.90$2,624
Nov 2021061677.435.24$3,226
Oct 2021071679.795.71$4,091
Sep 2021064769.865.35$3,462
Aug 2021071466.024.22$3,014
Jul 2021080070.783.98$3,186
Jun 2021076969.493.38$2,600
May 2021072863.483.02$2,197
Apr 2021062360.362.76$1,719
Mar 2021064761.302.72$1,758
Feb 2021075757.805.55$4,200
Jan 2021073750.412.81$2,071
Dec 2020075444.642.68$2,017
Nov 2020072738.772.71$1,968
Oct 20200036.972.48$0
Sep 20200137.091.99$2
Aug 20200239.982.39$5
Jul 2020261438.371.83$1,197
Jun 20203897034.901.69$2,966
May 20204985916.921.81$2,388
Apr 20203999014.751.80$2,362
Mar 20203660830.341.86$2,221
Feb 20206269049.881.98$4,459
Jan 20202296857.252.09$3,287
Dec 201901,03559.012.30$2,385
Nov 201901,00255.302.75$2,756
Oct 201901,30353.472.42$3,151
Sep 2019083255.052.66$2,211
Aug 201901,14153.112.30$2,629
Jul 201911,27556.272.46$3,193
Jun 2019241,18152.782.49$4,209
May 2019341,23958.482.74$5,384
Apr 2019391,25362.632.75$5,889
Mar 2019411,46856.803.06$6,824
Feb 2019321,34150.852.79$5,372
Jan 2019241,61246.033.23$6,309
Dec 2018231,53946.594.19$7,513
Nov 20182438352.934.24$2,893
Oct 2018251,93361.443.40$8,104
Sep 2018221,91859.543.11$7,271
Aug 2018442,35959.403.07$9,848
Jul 2018442,37065.142.93$9,815
Jun 2018451,39660.183.08$7,003
May 2018561,34865.382.90$7,572
Apr 20185364963.842.90$5,266
Mar 20186283561.222.79$6,123
Feb 2018571,08861.782.77$6,531
Jan 2018551,12162.874.01$7,952
Dec 2017691,01357.272.92$6,911
Nov 2017551,46655.423.12$7,620
Oct 2017151,50249.292.98$5,221
Sep 2017501,55147.523.09$7,164
Aug 2017361,64145.373.00$6,564
Jul 2017663,67143.873.09$14,229
Jun 2017652,81942.493.09$11,465
May 201721,62945.373.26$5,407
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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
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 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201310573104.113.72$3,171
Aug 201300104.253.52$0
Jul 20134199102.523.72$1,150
Jun 2013211,09694.403.93$6,293
May 2013311,62494.834.15$9,678
Apr 2013553,08893.964.28$18,392
Mar 2013271,70593.623.91$9,199
Feb 20130091.233.42$0
Jan 20130291.603.42$7
Dec 20120086.773.42$0
Nov 20120386.953.62$11
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20121277785.133.02$3,369
Jun 2012427879.822.52$1,020
May 2012746791.612.49$1,803
Apr 2012011101.652.00$22
Mar 20127241105.052.22$1,271
Feb 2012181,130101.102.57$4,724
Jan 2012181,31598.092.73$5,361
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011317494.144.52$1,068
Jun 20111390092.904.64$5,384
May 20111291498.134.40$5,204
Apr 20116313105.964.33$1,992
Mar 2011301,69596.364.06$9,768
Feb 201148585.644.18$698
Jan 2011822,47086.504.59$18,427
Dec 2010943,08285.734.35$21,458
Nov 2010942,90980.843.80$18,640
Oct 20101033,24778.103.51$19,438
Sep 20101043,29972.633.98$20,682
Aug 20101013,21373.684.42$21,641
Jul 20101836,08272.554.74$42,084
Jun 2010923,01370.364.91$21,268
May 2010503,36971.124.24$17,824
Apr 2010533,24981.694.12$17,724
Mar 2010503,05978.394.39$17,344
Feb 2010662,87473.585.44$20,498
Jan 2010483,50074.365.96$24,444
Dec 2009413,70771.445.48$23,257
Nov 2009413,83574.593.75$17,445
Oct 2009514,28672.544.11$21,316
Sep 2009434,57465.543.06$16,836
Aug 2009495,26467.423.22$20,246
Jul 200901,51061.133.46$5,231
Jun 200903,57566.163.90$13,925
May 200902,39854.743.93$9,414
Apr 200902,63146.773.59$9,439
Mar 200902,98842.144.06$12,128
Feb 200903,05532.814.63$14,154
Jan 200903,63135.865.37$19,502
Dec 200803,72737.105.98$22,277
Nov 200803,64655.496.86$25,013
Oct 200803,77375.246.92$26,117
Sep 200803,576101.767.88$28,168
Aug 200804,234114.228.48$35,917
Jul 200803,869131.0811.39$44,066
Jun 200803,924131.3313.03$51,140
May 200804,533123.1711.57$52,466
Apr 200804,562110.3110.45$47,695
Mar 200818895101.909.66$10,484
Feb 20081270592.538.77$7,294
Jan 20080090.388.21$0
Dec 20072088.337.30$177
Nov 2007623,33391.677.29$29,987
Oct 2007331,83482.856.92$15,429
Sep 2007743,89475.846.24$29,927
Aug 200703,72169.066.39$23,770
Jul 200703,09770.906.39$19,783
Jun 200705,90162.007.55$44,543
May 200706,19758.747.85$48,623
Apr 200714,55759.617.81$35,628
Mar 2007514,15156.927.30$33,213
Feb 2007333,11055.108.22$27,370
Jan 2007594,52950.306.73$33,434
Dec 2006463,90856.656.92$29,643
Nov 2006393,60454.207.62$29,567
Oct 2006484,48354.906.01$29,595
Sep 200604,82460.085.04$24,299
Aug 200604,00368.717.34$29,382
Jul 200605,13469.376.34$32,564
Jun 200604,52666.286.38$28,893
May 200606,70266.016.42$43,060
Apr 200634,82664.397.36$35,715
Mar 20061628,29956.707.08$67,967
Feb 2006291,30957.597.75$11,816
Jan 2006944,30460.598.93$44,144
Dec 2005883,88854.9413.42$56,994
Nov 2005572,62554.6910.59$30,912
Oct 20051034,36358.3413.80$66,200
Sep 20053223,83261.4512.08$66,074
Aug 20055756,76361.519.80$101,624
Jul 20053403,50855.697.84$46,450
Jun 20054025,66952.337.38$62,880
May 20052464,09945.226.65$38,387
Apr 20054187,36049.207.36$74,739
Mar 20051857,09550.377.15$60,082
Feb 20052148,64945.226.31$64,269
Jan 20051898,36043.166.32$61,011
Dec 20041546,80539.866.75$52,080
Nov 2004994,23845.286.33$31,311
Oct 20041787,45649.706.52$57,423
Sep 200456,55843.245.28$34,868
Aug 200467,89742.375.55$44,088
Jul 2004810,03238.286.08$61,343
Jun 200457,35036.106.43$47,463
May 200455,33837.486.49$34,855
Apr 200478,27434.475.86$48,714
Mar 20041498,91034.365.53$54,393
Feb 20041499,11132.455.51$55,033
Jan 20041428,84432.036.30$60,262
Dec 20031659,62930.266.30$65,671
Nov 200315410,44028.804.60$52,409
Oct 200317611,98828.174.76$62,016
Sep 200324812,22126.314.75$64,567
Aug 200325613,19529.765.13$75,305
Jul 200328214,09329.415.17$81,166
Jun 200324111,53828.565.98$75,914
May 200329613,51226.595.97$88,573
Apr 200336816,72426.675.41$100,246
Mar 2003908,98331.146.10$57,563
Feb 200311411,34833.487.93$93,760
Jan 200313112,85530.315.58$75,728
Dec 200214112,46526.914.85$64,296
Nov 200214212,91924.664.14$56,947
Oct 200214914,71226.464.23$66,161
Sep 200228314,36327.443.64$59,978
Aug 200219510,06625.963.16$36,913
Jul 200231714,84024.583.06$53,228
Jun 200230215,79523.733.34$59,894
May 200227113,12024.663.58$53,705
Apr 200228913,24423.653.51$53,352
Mar 200221316,83522.003.10$56,920
Feb 200215712,99318.222.38$33,728
Jan 200220114,87217.172.38$38,782
Dec 200126518,56016.932.36$48,370
Nov 200125918,41618.072.41$48,980
Oct 200127820,42619.782.53$57,154
Sep 200110024.262.25$243
Aug 200136617,38024.873.05$62,166
Jul 200134317,75523.933.20$64,972
Jun 200134817,64924.563.82$76,039
May 200134218,02925.524.31$86,385
Apr 200131716,75524.685.34$97,217
Mar 200150319,42624.545.38$116,786
Feb 200145517,81627.755.77$115,373
Jan 200166123,41727.478.40$214,831
Dec 200070923,27426.889.12$231,375
Nov 200072821,52132.215.66$145,215
Oct 200076923,00431.235.15$142,383
Sep 200062723,01631.875.19$139,355
Aug 200061525,44429.644.54$133,763
Jul 200063926,91128.534.09$128,290
Jun 200074229,39229.304.40$150,985
May 200073831,06227.263.68$134,418
Apr 200082533,91624.513.12$125,903
Mar 200066636,23428.422.86$122,548
Feb 200076639,12027.622.73$127,818
Jan 20001,04848,18025.272.48$145,993
Dec 199992844,50824.282.42$130,407
Nov 199975934,85123.192.43$102,428
Oct 199992344,27320.982.80$143,493
Sep 19991,18348,87721.752.62$153,732
Aug 19991,43153,10519.262.88$180,270
Jul 19992,05073,80617.892.37$211,770
Jun 19992,32086,84615.942.36$242,120
May 19993,077111,36715.792.32$307,071
Apr 19993,754139,97515.102.21$365,757
Mar 19993,840224,59412.471.84$460,763
Feb 19994,117214,1709.981.82$430,404
Jan 19990010.381.90$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                  590 Mcf  × $  3.05 =     $1,797

────────────────────────────────────────────────────
Month total                                   $1,797

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/172439 is the state's own key, not one this site invented.