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 237125District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.9 M
Mar 2008 – May 2026
Value, last 12 filed months
$120 k
at the published price for each month
Months reported
219
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 Gas112009-05-12185952
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
CondensateDisposition20,960 bbl$1,652,372
GasProduction3,251,280 Mcf$16,245,993
Total$17,898,364

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 26.4812, -98.4359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48120, -98.43588 · 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
10,710 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 10,710 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-215337755810,710 ftAug 2008

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 (219)

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

219 months

May 202602,835106.413.05$8,635
Apr 202601,89298.932.87$5,430
Mar 202602,25689.753.15$7,105
Feb 202602,44963.503.75$9,185
Jan 202603,01659.138.00$24,122
Dec 202502,84956.664.41$12,574
Nov 202502,79258.593.93$10,963
Oct 202502,64359.383.30$8,735
Sep 202502,47562.743.08$7,615
Aug 202502,59863.933.01$7,832
Jul 202502,87566.743.32$9,531
Jun 202502,56866.483.13$8,035
May 202502,23760.553.23$7,231
Apr 202502,19262.363.54$7,767
Mar 202502,27267.704.27$9,698
Feb 202501,93370.884.34$8,391
Jan 202502,44574.324.28$10,461
Dec 202402,60668.993.12$8,134
Nov 202402,45669.052.20$5,399
Oct 202402,74671.372.28$6,265
Sep 202403,12869.612.36$7,396
Aug 202403,01175.632.06$6,214
Jul 202402,92179.932.15$6,270
Jun 202402,93078.082.63$7,718
May 202402,40578.812.20$5,287
Apr 202402,87284.451.66$4,765
Mar 202402,50580.301.55$3,871
Feb 202402,33676.091.78$4,167
Jan 202402,59373.023.30$8,551
Dec 202302,36671.262.61$6,177
Nov 202301,99077.892.81$5,587
Oct 202302,17585.443.09$6,715
Sep 202301,93089.042.74$5,279
Aug 202302,00780.522.67$5,364
Jul 202301,21774.852.64$3,215
Jun 202301,22668.962.26$2,769
May 202301,29570.622.23$2,884
Apr 202301,26878.122.24$2,837
Mar 202301,40572.852.39$3,362
Feb 202301,21375.112.47$2,991
Jan 202302,15076.533.39$7,284
Dec 202202,63476.415.73$15,090
Nov 202202,75085.005.65$15,527
Oct 202203,06887.185.86$17,990
Sep 202202,90384.888.16$23,699
Aug 202203,23494.529.13$29,517
Jul 202253,403101.587.54$26,174
Jun 2022413,116115.097.98$29,576
May 20221292,965109.378.43$39,113
Apr 20221252,940104.226.84$33,130
Mar 20221433,275108.885.08$32,195
Feb 20221373,04491.054.86$27,264
Jan 20221443,23681.844.54$26,469
Dec 20211532,63071.323.90$21,167
Nov 20211572,73177.435.24$26,458
Oct 20211632,89679.795.71$29,553
Sep 20211302,62669.865.35$23,133
Aug 20211353,17466.024.22$22,309
Jul 2021983,02870.783.98$18,994
Jun 2021612,76869.493.38$13,596
May 2021692,85963.483.02$13,008
Apr 2021662,73860.362.76$11,536
Mar 2021692,72161.302.72$11,622
Feb 2021612,38557.805.55$16,758
Jan 2021712,85150.412.81$11,591
Dec 2020742,87644.642.68$10,998
Nov 2020752,92838.772.71$10,833
Oct 2020743,31836.972.48$10,959
Sep 2020713,15337.091.99$8,911
Aug 2020793,42939.982.39$11,337
Jul 2020613,29838.371.83$8,360
Jun 202033,45834.901.69$5,950
May 202043,83916.921.81$7,035
Apr 202043,76814.751.80$6,858
Mar 202043,59430.341.86$6,793
Feb 202063,39149.881.98$7,016
Jan 2020204,10457.252.09$9,742
Dec 2019674,45659.012.30$14,222
Nov 2019683,80355.302.75$14,221
Oct 2019714,33453.472.42$14,278
Sep 2019744,29155.052.66$15,476
Aug 2019784,45853.112.30$14,415
Jul 2019644,68156.272.46$15,117
Jun 2019584,36552.782.49$13,935
May 2019884,39558.482.74$17,190
Apr 20191034,60362.632.75$19,112
Mar 20191075,31456.803.06$22,350
Feb 2019854,24950.852.79$16,186
Jan 2019844,61446.033.23$18,761
Dec 2018514,65246.594.19$21,847
Nov 2018204,48552.934.24$20,063
Oct 2018214,68161.443.40$17,197
Sep 2018184,44759.543.11$14,893
Aug 2018114,74059.403.07$15,189
Jul 201894,67765.142.93$14,299
Jun 2018104,78960.183.08$15,337
May 2018124,85965.382.90$14,880
Apr 2018114,54463.842.90$13,883
Mar 2018144,96461.222.79$14,691
Feb 2018124,82261.782.77$14,080
Jan 2018135,34562.874.01$22,247
Dec 2017155,37957.272.92$16,574
Nov 2017145,49455.423.12$17,908
Oct 2017155,45249.292.98$17,006
Sep 2017145,46747.523.09$17,543
Aug 2017114,99445.373.00$15,503
Jul 2017145,67643.873.09$18,138
Jun 2017185,86742.493.09$18,878
May 2017306,01045.373.26$20,974
Apr 2017346,10047.933.21$21,220
Mar 2017376,39246.772.98$20,802
Feb 2017346,05750.452.95$19,599
Jan 2017376,04849.413.42$22,505
Dec 2016406,46548.763.72$26,019
Nov 2016376,12442.492.64$17,766
Oct 2016386,53546.193.09$21,950
Sep 2016417,67841.553.10$25,510
Aug 2016437,88241.442.92$24,832
Jul 2016417,69741.622.92$24,215
Jun 2016488,13345.352.69$24,021
May 2016517,96942.521.99$18,035
Apr 2016598,62336.561.99$19,326
Mar 2016699,38833.011.79$19,120
Feb 2016676,32226.472.06$14,820
Jan 2016778,13827.352.36$21,347
Dec 2015817,87532.362.00$18,382
Nov 2015767,58038.792.17$19,376
Oct 20151258,11343.552.43$25,131
Sep 20151137,33242.992.76$25,083
Aug 20151066,77240.162.87$23,709
Jul 20151479,30048.152.95$34,467
Jun 2015653,90456.152.88$14,904
May 20151515,79455.212.96$25,461
Apr 20151408,34949.822.71$29,572
Mar 20151387,82542.892.93$28,883
Feb 20151317,56744.662.98$28,371
Jan 20151387,67143.433.10$29,778
Dec 20141458,55054.693.59$38,636
Nov 20141448,81070.464.25$47,605
Oct 20141489,55678.303.90$48,866
Sep 20141629,87486.164.05$53,903
Aug 201418911,31889.394.04$62,564
Jul 201419110,78496.564.18$63,516
Jun 201421812,15598.164.74$78,976
May 201422211,65194.734.73$76,099
Apr 201419710,05595.944.81$67,256
Mar 201423310,86995.895.06$77,305
Feb 201422310,25897.406.19$85,238
Jan 201424811,03990.404.86$76,077
Dec 201323811,07991.824.35$70,096
Nov 201320810,81588.853.74$58,910
Oct 201321011,24897.423.78$62,968
Sep 201318610,171104.113.72$57,178
Aug 201319911,224104.253.52$60,284
Jul 201320211,208102.523.72$62,377
Jun 201320611,07594.403.93$63,009
May 201322711,91894.834.15$70,975
Apr 201321211,89993.964.28$70,878
Mar 201319011,95593.623.91$64,566
Feb 201317811,02091.233.42$53,926
Jan 201320012,28991.603.42$60,347
Dec 201219312,57286.773.42$59,745
Nov 201217812,25186.953.62$59,886
Oct 201221013,86589.383.40$65,906
Sep 201220513,36994.672.92$58,423
Aug 201219812,60292.662.91$54,995
Jul 201223514,86085.133.02$64,895
Jun 201224715,65079.822.52$59,139
May 201226516,43691.612.49$65,175
Apr 201224015,674101.652.00$55,694
Mar 201231316,963105.052.22$70,574
Feb 201224715,341101.102.57$64,402
Jan 201226618,29798.092.73$76,117
Dec 201125818,44196.873.24$84,737
Nov 201126618,55195.723.31$86,889
Oct 201128319,53784.983.65$95,331
Sep 201126019,98283.623.99$101,385
Aug 201125520,02283.404.15$104,345
Jul 201128221,41694.144.52$123,289
Jun 201130621,54192.904.64$128,375
May 201128922,27998.134.40$126,495
Apr 20116520,834105.964.33$97,167
Mar 20117121,21596.364.06$92,918
Feb 20116318,69985.644.18$83,557
Jan 201110121,89286.504.59$109,194
Dec 201010223,53685.734.35$111,073
Nov 201010222,80480.843.80$94,794
Oct 201011124,53878.103.51$94,770
Sep 201011826,46972.633.98$113,903
Aug 201010824,33373.684.42$115,494
Jul 201014131,41172.554.74$159,007
Jun 201015429,75970.364.91$156,964
May 201054034,58571.124.24$184,880
Apr 201053331,83581.694.12$174,787
Mar 201056324,77378.394.39$152,854
Feb 201059637,97873.585.44$250,544
Jan 201024249,75074.365.96$314,709
Dec 200922955,47071.445.48$320,543
Nov 200925253,27674.593.75$218,662
Oct 200931866,67272.544.11$297,106
Sep 200928465,52265.543.06$219,422
Aug 200929671,29867.423.22$249,429
Jul 2009062,48861.133.46$216,490
Jun 2009063,53766.163.90$247,477
May 2009067,73554.743.93$265,911
Apr 2009070,96446.773.59$254,583
Mar 2009080,80642.144.06$327,992
Feb 2009088,46432.814.63$409,854
Jan 20090107,15235.865.37$575,513
Dec 20080115,99337.105.98$693,306
Nov 20080106,25355.496.86$728,934
Oct 20080124,59075.246.92$862,409
Sep 20080116,837101.767.88$920,336
Aug 2008072,524114.228.48$615,223
Jul 2008079,774131.0811.39$908,580
Jun 2008066,108131.3313.03$861,561
May 2008030,451123.1711.57$352,449
Apr 2008339,310110.3110.45$411,311
Mar 200832036,427101.909.66$384,641

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                2,835 Mcf  × $  3.05 =     $8,635

────────────────────────────────────────────────────
Month total                                   $8,635

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/237125 is the state's own key, not one this site invented.