BOSTON TEXAS LAND & TRUST

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 229338District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.2 M
Jun 2007 – May 2026
Value, last 12 filed months
$208 k
at the published price for each month
Months reported
228
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 Gas112008-09-17182825
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
CondensateDisposition36,264 bbl$2,773,253
GasProduction2,928,128 Mcf$15,377,332
Total$18,150,585

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 26.4779, -98.4390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47786, -98.43897 · 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
12,540 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 12,540 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-215335785412,540 ftNov 2007

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 (228)

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

228 months

May 2026692,887106.413.05$16,136
Apr 2026802,67698.932.87$15,594
Mar 2026852,81389.753.15$16,488
Feb 2026892,73363.503.75$15,901
Jan 2026993,05959.138.00$30,320
Dec 2025933,07556.664.41$18,840
Nov 2025983,03558.593.93$17,659
Oct 2025872,82959.383.30$14,515
Sep 2025982,85062.743.08$14,918
Aug 2025902,99263.933.01$14,774
Jul 20251083,09066.743.32$17,452
Jun 2025972,89266.483.13$15,497
May 2025993,09160.553.23$15,986
Apr 2025923,16362.363.54$16,944
Mar 20251083,08667.704.27$20,484
Feb 2025882,88170.884.34$18,743
Jan 20251202,99274.324.28$21,720
Dec 20241212,55868.993.12$16,332
Nov 20241183,38369.052.20$15,585
Oct 20241113,40371.372.28$15,686
Sep 2024983,70969.612.36$15,591
Aug 2024923,53875.632.06$14,259
Jul 2024963,68379.932.15$15,579
Jun 20241143,94378.082.63$19,287
May 2024932,61978.812.20$13,087
Apr 20241052,37884.451.66$12,813
Mar 2024972,48080.301.55$11,621
Feb 2024862,86276.091.78$11,649
Jan 20241023,68573.023.30$19,600
Dec 20231003,67171.262.61$16,710
Nov 20231003,47277.892.81$17,537
Oct 20231113,84285.443.09$21,345
Sep 2023993,96989.042.74$19,670
Aug 20231143,93280.522.67$19,689
Jul 20231403,82674.852.64$20,587
Jun 20231163,64268.962.26$16,225
May 202303,58170.622.23$7,976
Apr 202303,56578.122.24$7,978
Mar 202303,26572.852.39$7,814
Feb 202302,79975.112.47$6,901
Jan 202303,08076.533.39$10,434
Dec 202203,03676.415.73$17,393
Nov 202203,75485.005.65$21,196
Oct 202203,85687.185.86$22,611
Sep 202203,59984.888.16$29,381
Aug 202203,82794.529.13$34,930
Jul 202233,622101.587.54$27,622
Jun 2022193,465115.097.98$29,828
May 2022343,642109.378.43$34,432
Apr 2022333,105104.226.84$24,670
Mar 2022383,887108.885.08$23,869
Feb 2022373,38791.054.86$19,826
Jan 2022384,04881.844.54$21,478
Dec 2021413,33971.323.90$15,943
Nov 2021423,21277.435.24$20,073
Oct 2021443,59479.795.71$24,046
Sep 2021343,13869.865.35$19,166
Aug 2021374,04166.024.22$19,498
Jul 2021343,27970.783.98$15,464
Jun 2021343,30869.493.38$13,546
May 2021393,59263.483.02$13,315
Apr 2021373,64560.362.76$12,288
Mar 2021403,87661.302.72$12,983
Feb 2021353,34857.805.55$20,598
Jan 2021414,41650.412.81$14,477
Dec 2020424,61344.642.68$14,217
Nov 2020433,97838.772.71$12,434
Oct 2020434,25936.972.48$12,145
Sep 2020553,79737.091.99$9,600
Aug 2020774,40439.982.39$13,582
Jul 2020644,01438.371.83$9,782
Jun 202004,19434.901.69$7,089
May 202004,69416.921.81$8,518
Apr 202004,58814.751.80$8,279
Mar 202004,77530.341.86$8,864
Feb 202004,45849.881.98$8,830
Jan 202014,90857.252.09$10,338
Dec 201944,77859.012.30$11,246
Nov 201943,60355.302.75$10,132
Oct 201955,12853.472.42$12,670
Sep 201954,90455.052.66$13,307
Aug 201955,22653.112.30$12,308
Jul 201945,60856.272.46$14,021
Jun 201915,05552.782.49$12,646
May 201905,05058.482.74$13,839
Apr 201905,47662.632.75$15,063
Mar 201905,89056.803.06$18,036
Feb 201904,87250.852.79$13,604
Jan 201905,22746.033.23$16,874
Dec 2018115,24446.594.19$22,461
Nov 2018195,46152.934.24$24,145
Oct 2018204,89261.443.40$17,852
Sep 2018184,48859.543.11$15,020
Aug 2018425,90759.403.07$20,609
Jul 2018535,69565.142.93$20,149
Jun 2018565,76060.183.08$21,093
May 2018695,95365.382.90$21,780
Apr 2018645,67063.842.90$20,533
Mar 2018766,05561.222.79$21,527
Feb 2018695,55061.782.77$19,615
Jan 2018746,12362.874.01$29,201
Dec 2017825,54557.272.92$20,896
Nov 2017774,99755.423.12$19,850
Oct 2017865,58949.292.98$20,915
Sep 2017855,60447.523.09$21,340
Aug 2017795,12045.373.00$18,967
Jul 2017785,86543.873.09$21,529
Jun 2017955,82642.493.09$22,023
May 2017956,25545.373.26$24,723
Apr 20171246,63747.933.21$27,259
Mar 20171387,10146.772.98$27,641
Feb 20171156,06150.452.95$23,697
Jan 20171446,96849.413.42$30,937
Dec 20161487,16548.763.72$33,891
Nov 20161416,99642.492.64$24,491
Oct 20161387,14246.193.09$28,445
Sep 20161277,03741.553.10$27,096
Aug 20161417,60341.442.92$28,077
Jul 20161397,72741.622.92$28,382
Jun 20161467,19145.352.69$25,935
May 20162498,21842.521.99$26,950
Apr 20162477,58536.561.99$24,132
Mar 20162818,08333.011.79$23,777
Feb 20163066,04626.472.06$20,577
Jan 20163417,62227.352.36$27,348
Dec 20153547,27832.362.00$26,022
Nov 20153286,48138.792.17$26,770
Oct 20151076,93843.552.43$21,495
Sep 20151066,87442.992.76$23,518
Aug 20151117,15240.162.87$25,002
Jul 20151147,15248.152.95$26,552
Jun 20151187,16356.152.88$27,276
May 20152118,12355.212.96$35,656
Apr 20151287,64949.822.71$27,080
Mar 20151428,05142.892.93$29,718
Feb 20151317,59644.662.98$28,458
Jan 20151447,97843.433.10$30,991
Dec 20141368,04854.693.59$36,341
Nov 20141297,93970.464.25$42,845
Oct 20141388,93178.303.90$45,645
Sep 20141519,22186.164.05$50,313
Aug 20141468,75189.394.04$48,362
Jul 20141699,53896.564.18$56,184
Jun 201418510,27498.164.74$66,826
May 201422511,79794.734.73$77,073
Apr 201423512,00995.944.81$80,299
Mar 201426312,26095.895.06$87,215
Feb 201426312,11797.406.19$100,645
Jan 201432214,36390.404.86$98,923
Dec 201326512,31391.824.35$77,949
Nov 201326713,88388.853.74$75,621
Oct 201328615,33197.423.78$85,803
Sep 201321511,753104.113.72$66,078
Aug 201324813,964104.253.52$75,044
Jul 201326814,882102.523.72$82,803
Jun 201327814,98594.403.93$85,185
May 201327114,22194.834.15$84,703
Apr 201325514,28493.964.28$85,132
Mar 201321713,70493.623.91$73,938
Feb 201320412,63491.233.42$61,818
Jan 201323314,30191.603.42$70,251
Dec 201222614,73486.773.42$70,003
Nov 201219813,62286.953.62$66,595
Oct 201222014,52289.383.40$69,034
Sep 201221413,89894.672.92$60,819
Aug 201223715,10892.662.91$65,897
Jul 201224515,50685.133.02$67,697
Jun 201225616,19779.822.52$61,235
May 201226616,46591.612.49$65,338
Apr 201224716,137101.652.00$57,330
Mar 201238415,755105.052.22$75,348
Feb 201222614,042101.102.57$58,940
Jan 201223416,02798.092.73$66,772
Dec 201125318,07496.873.24$83,063
Nov 201125918,04695.723.31$84,547
Oct 201127619,10684.983.65$93,163
Sep 201124518,78283.623.99$95,348
Aug 201125019,70983.404.15$102,629
Jul 201125519,34894.144.52$111,405
Jun 201128419,97192.904.64$119,047
May 201126820,52498.134.40$116,703
Apr 201111018,695105.964.33$92,666
Mar 201111818,21196.364.06$85,259
Feb 201126616,18685.644.18$90,437
Jan 201155721,70086.504.59$147,757
Dec 201055323,20585.734.35$148,298
Nov 201055221,97380.843.80$128,018
Oct 201059521,22978.103.51$120,960
Sep 201060022,02372.633.98$131,218
Aug 201067724,82473.684.42$159,588
Jul 201075827,57072.554.74$185,578
Jun 201066623,95170.364.91$164,469
May 201030826,62471.124.24$134,663
Apr 201030624,94581.694.12$127,838
Mar 201033229,58178.394.39$155,847
Feb 201040925,54473.585.44$169,114
Jan 201071628,31974.365.96$222,139
Dec 200955226,48271.445.48$184,656
Nov 200963928,67574.593.75$155,237
Oct 200972032,05372.544.11$183,975
Sep 200959833,95965.543.06$143,269
Aug 200961536,29767.423.22$158,285
Jul 2009030,53461.133.46$105,785
Jun 2009030,13966.163.90$117,391
May 2009227,47054.743.93$107,950
Apr 2009027,76746.773.59$99,614
Mar 2009432,37442.144.06$131,575
Feb 200916433,90832.814.63$162,477
Jan 200921239,92535.865.37$222,040
Dec 200821216,50437.105.98$106,512
Nov 200820554,07655.496.86$382,356
Oct 200821058,91075.246.92$423,574
Sep 200823160,168101.767.88$497,455
Aug 200822063,008114.228.48$559,627
Jul 200835163,784131.0811.39$772,472
Jun 200834464,191131.3313.03$881,755
May 200827650,687123.1711.57$620,661
Apr 200829449,212110.3110.45$546,936
Mar 200832156,318101.909.66$576,971
Feb 200825745,01392.538.77$418,570
Jan 200833554,84490.388.21$480,312
Dec 200719760,14388.337.30$456,563
Nov 200718163,15691.677.29$477,107
Oct 200718879,65582.856.92$566,946
Sep 2007325675.846.24$1,826
Aug 200710139,07569.066.39$256,584
Jul 200710421,92870.906.39$147,448
Jun 2007020162.007.55$1,517

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            69 bbl  × $106.41 =     $7,342
Gas                2,887 Mcf  × $  3.05 =     $8,793

────────────────────────────────────────────────────
Month total                                  $16,136

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/229338 is the state's own key, not one this site invented.