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 178623District 04Field 460914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.6 M
Jul 2000 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
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 Gas112001-02-27143264
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
CondensateDisposition45,873 bbl$1,617,560
GasProduction2,576,483 Mcf$12,990,758
Total$14,608,318

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 26.4406, -98.4296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44062, -98.42956 · 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
14,250 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 14,250 ft.

Completions filed
Sep 2000
1 of 1 wells

1 well

42-215327702914,250 ftSep 2000

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 (311)

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

311 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 20250162.363.54$4
Mar 202501,78867.704.27$7,632
Feb 202502,85970.884.34$12,410
Jan 202501,62374.324.28$6,944
Dec 202402,37968.993.12$7,426
Nov 202402,18169.052.20$4,795
Oct 202402,41971.372.28$5,519
Sep 202401,26869.612.36$2,998
Aug 202401,88575.632.06$3,890
Jul 202401,87379.932.15$4,021
Jun 202401,88678.082.63$4,968
May 202402,73078.812.20$6,002
Apr 202401,86884.451.66$3,099
Mar 202402,34180.301.55$3,617
Feb 202402,06276.091.78$3,678
Jan 202402,72173.023.30$8,973
Dec 202303,15971.262.61$8,247
Nov 202305177.892.81$143
Oct 202301,21185.443.09$3,739
Sep 202301,69689.042.74$4,639
Aug 202301,95280.522.67$5,217
Jul 202302,08374.852.64$5,503
Jun 202301,70968.962.26$3,860
May 202301,86270.622.23$4,147
Apr 202301,89678.122.24$4,243
Mar 202301,78472.852.39$4,269
Feb 202302,06975.112.47$5,101
Jan 202301,95976.533.39$6,637
Dec 202202,21376.415.73$12,678
Nov 202202,19185.005.65$12,371
Oct 202202,54087.185.86$14,894
Sep 202202,65484.888.16$21,666
Aug 202203,23394.529.13$29,508
Jul 202202,259101.587.54$17,038
Jun 202201,497115.097.98$11,942
May 20220237109.378.43$1,999
Apr 202201,877104.226.84$12,834
Mar 202202,023108.885.08$10,270
Feb 202202,32891.054.86$11,311
Jan 202202,42681.844.54$11,008
Dec 202102,18271.323.90$8,508
Nov 202102,79277.435.24$14,621
Oct 202101,26079.795.71$7,199
Sep 2021022669.865.35$1,209
Aug 202101,76166.024.22$7,432
Jul 202121,98370.783.98$8,038
Jun 202121,74969.493.38$6,052
May 202122,11263.483.02$6,500
Apr 202121,84060.362.76$5,196
Mar 202122,12061.302.72$5,883
Feb 202121,74257.805.55$9,780
Jan 202123,11650.412.81$8,858
Dec 202022,50144.642.68$6,781
Nov 202022,59838.772.71$7,109
Oct 202022,77136.972.48$6,942
Sep 202023,33837.091.99$6,720
Aug 2020271639.982.39$1,788
Jul 2020016938.371.83$308
Jun 202001,64034.901.69$2,772
May 202002,14516.921.81$3,893
Apr 202002,42714.751.80$4,379
Mar 202002,29830.341.86$4,266
Feb 202002,65449.881.98$5,257
Jan 202002,61357.252.09$5,474
Dec 201902,75259.012.30$6,342
Nov 201902,07355.302.75$5,702
Oct 201902,85853.472.42$6,912
Sep 201902,77355.052.66$7,369
Aug 201902,57753.112.30$5,938
Jul 201902,46556.272.46$6,064
Jun 201901,84252.782.49$4,589
May 201901,86258.482.74$5,102
Apr 201902,13162.632.75$5,862
Mar 201902,77156.803.06$8,485
Feb 2019058650.852.79$1,636
Jan 201902,84046.033.23$9,168
Dec 201803,41346.594.19$14,285
Nov 201803,58652.934.24$15,195
Oct 201803,53461.443.40$12,009
Sep 201823,70559.543.11$11,634
Aug 20181074,12859.403.07$19,015
Jul 20181153,69065.142.93$18,310
Jun 20181234,00460.183.08$19,722
May 20181514,70165.382.90$23,509
Apr 20181404,77763.842.90$22,795
Mar 20181665,15561.222.79$24,529
Feb 20181524,87961.782.77$22,886
Jan 20181625,67862.874.01$32,950
Dec 20171806,20457.272.92$28,434
Nov 20171556,28955.423.12$28,201
Oct 2017393,40049.292.98$12,067
Sep 20171674,64647.523.09$22,279
Aug 20171273,93745.373.00$17,590
Jul 20171605,33843.873.09$23,499
Jun 20171695,66142.493.09$24,658
May 201753,34545.373.26$11,143
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 201501443.552.43$34
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 20150149.822.71$3
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 20140178.303.90$4
Sep 20140186.164.05$4
Aug 20140889.394.04$32
Jul 201401096.564.18$42
Jun 201402398.164.74$109
May 201412894.734.73$227
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 2013018104.113.72$67
Aug 201301104.253.52$4
Jul 201300102.523.72$0
Jun 20130194.403.93$4
May 20130194.834.15$4
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013312191.603.42$689
Dec 2012211,38186.773.42$6,545
Nov 2012171,14786.953.62$5,636
Oct 2012261,69789.383.40$8,093
Sep 2012181,17594.672.92$5,133
Aug 2012301,91392.662.91$8,343
Jul 2012191,16985.133.02$5,149
Jun 2012261,57279.822.52$6,035
May 2012603,75091.612.49$14,828
Apr 2012402,651101.652.00$9,360
Mar 201215494105.052.22$2,673
Feb 2012352,266101.102.57$9,363
Jan 20121479898.092.73$3,555
Dec 2011765,38996.873.24$24,821
Nov 20111007,00395.723.31$32,761
Oct 2011876,10384.983.65$29,660
Sep 2011483,54483.623.99$18,139
Aug 2011806,25383.404.15$32,618
Jul 2011906,79494.144.52$39,163
Jun 2011997,07892.904.64$42,038
May 2011735,46098.134.40$31,214
Apr 2011856,663105.964.33$37,879
Mar 2011906,59796.364.06$35,439
Feb 2011816,28385.644.18$33,200
Jan 201106,14686.504.59$28,203
Dec 201005,56885.734.35$24,208
Nov 201007,29080.843.80$27,668
Oct 201006,13778.103.51$21,534
Sep 201007,58372.633.98$30,176
Aug 201005,54873.684.42$24,519
Jul 201002,86572.554.74$13,570
Jun 201004,71370.364.91$23,143
May 201005,36271.124.24$22,709
Apr 2010011,34381.694.12$46,764
Mar 201006,69878.394.39$29,395
Feb 201003,24973.585.44$17,682
Jan 201005,11674.365.96$30,512
Dec 200903,65271.445.48$20,027
Nov 200903,44674.593.75$12,928
Oct 200904,99872.544.11$20,543
Sep 200904,99965.543.06$15,321
Aug 200906,29467.423.22$20,257
Jul 200904,74661.133.46$16,443
Jun 200905,78166.163.90$22,517
May 200903,57654.743.93$14,038
Apr 200902,54446.773.59$9,127
Mar 200913,46142.144.06$14,090
Feb 2009213,73032.814.63$17,970
Jan 2009416,55435.865.37$36,672
Dec 2008274,53837.105.98$28,126
Nov 2008284,61755.496.86$33,228
Oct 2008295,07575.246.92$37,311
Sep 2008284,804101.767.88$40,691
Aug 2008428,327114.228.48$75,435
Jul 20081273,411131.0811.39$55,497
Jun 20082055,677131.3313.03$100,909
May 20081805,569123.1711.57$86,628
Apr 20082155,865110.3110.45$85,034
Mar 20083048,739101.909.66$115,432
Feb 2008802,68492.538.77$30,943
Jan 20082006,57690.388.21$72,037
Dec 2007565,32688.337.30$43,837
Nov 2007585,48991.677.29$45,341
Oct 2007666,82482.856.92$52,704
Sep 2007736,74075.846.24$47,622
Aug 2007878,08369.066.39$57,642
Jul 20071436,20470.906.39$49,769
Jun 20071596,83862.007.55$61,474
May 20071626,16358.747.85$57,873
Apr 20071796,26759.617.81$59,585
Mar 2007345,75656.927.30$43,965
Feb 2007336,60555.108.22$56,085
Jan 2007304,92850.306.73$34,659
Dec 2006335,73656.656.92$41,554
Nov 2006326,37354.207.62$50,281
Oct 2006397,67054.906.01$48,267
Sep 20061076,25760.085.04$37,946
Aug 20061136,47168.717.34$55,261
Jul 20061147,02269.376.34$52,447
Jun 2006966,74566.286.38$49,422
May 20061047,70966.016.42$56,395
Apr 20061668,19564.397.36$71,008
Mar 2006837,53156.707.08$58,048
Feb 2006897,39557.597.75$62,445
Jan 2006988,13660.598.93$78,619
Dec 2005987,77354.9413.42$109,662
Nov 2005867,23454.6910.59$81,300
Oct 2005957,69958.3413.80$111,756
Sep 200507,26961.4512.08$87,802
Aug 200507,67761.519.80$75,210
Jul 200506,52755.697.84$51,195
Jun 200507,36752.337.38$54,376
May 2005010,60145.226.65$70,509
Apr 200559,17549.207.36$67,778
Mar 200531711,09850.377.15$95,372
Feb 20052519,13945.226.31$69,035
Jan 200528611,46543.166.32$84,828
Dec 200428811,54539.866.75$89,421
Nov 200425710,01245.286.33$75,017
Oct 200435712,26549.706.52$97,651
Sep 20041412,15443.245.28$64,826
Aug 20041412,05142.375.55$67,484
Jul 20041110,93438.286.08$66,946
Jun 20041312,28836.106.43$79,518
May 20041111,34137.486.49$74,067
Apr 20041711,82134.475.86$69,839
Mar 200428013,15934.365.53$82,392
Feb 200424611,87132.455.51$73,387
Jan 200425514,51932.036.30$99,632
Dec 200324912,52430.266.30$86,456
Nov 200324513,87128.804.60$70,795
Oct 200328615,45228.174.76$81,603
Sep 200330417,05926.314.75$89,018
Aug 200331718,83229.765.13$106,037
Jul 200326214,85529.415.17$84,518
Jun 200330716,83528.565.98$109,491
May 200330616,04926.595.97$103,992
Apr 200332216,47326.675.41$97,662
Mar 200332815,55831.146.10$105,056
Feb 200333416,14233.487.93$139,122
Jan 200333515,74730.315.58$98,054
Dec 200239716,85526.914.85$92,493
Nov 200247020,39324.664.14$95,955
Oct 200238218,09426.464.23$86,629
Sep 200246224,78527.443.64$102,776
Aug 200245524,99025.963.16$90,884
Jul 200246723,55224.583.06$83,589
Jun 200240322,17823.733.34$83,599
May 200250425,75824.663.58$104,745
Apr 200261929,96323.653.51$119,879
Mar 200275432,55922.003.10$117,609
Feb 200254824,57418.222.38$68,365
Jan 200273229,43317.172.38$82,492
Dec 200187532,87516.932.36$92,543
Nov 200191835,24218.072.41$101,364
Oct 200197137,29119.782.53$113,511
Sep 200192744,67624.262.25$123,069
Aug 200198444,19724.873.05$159,413
Jul 20011,01249,09323.933.20$181,171
Jun 20011,15855,78824.563.82$241,783
May 20011,13256,34425.524.31$271,580
Apr 20011,08655,06424.685.34$320,587
Mar 20011,13952,90424.545.38$312,386
Feb 20011,29061,62827.755.77$391,211
Jan 20011,78476,22427.478.40$689,194
Dec 20001,86573,74626.889.12$722,879
Nov 20002,22583,78732.215.66$545,734
Oct 20002,644101,30731.235.15$603,847
Sep 20002,439113,77931.875.19$667,846
Aug 20001,960105,47429.644.54$537,025
Jul 20001,71577,25128.534.09$364,866

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.

Apr 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                    1 Mcf  × $  3.54 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/178623 is the state's own key, not one this site invented.