BTLT

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 240998District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.5 M
Apr 2008 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
218
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 Gas112009-03-09190046
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
CondensateDisposition35,977 bbl$2,673,662
GasProduction2,728,961 Mcf$14,777,216
Total$17,450,878

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 26.5183, -98.4645. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.51828, -98.46448 · 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
12,140 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 12,140 ft.

1 well

42-42734257D 112,140 ft

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 (218)

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

218 months

May 202601,141106.413.05$3,475
Apr 2026901,12698.932.87$12,135
Mar 2026901,16489.753.15$11,743
Feb 202601,17163.503.75$4,392
Jan 20269496159.138.00$13,244
Dec 202501,02756.664.41$4,533
Nov 2025931,00458.593.93$9,391
Oct 2025080159.383.30$2,647
Sep 2025931,22662.743.08$9,607
Aug 20251041,12063.933.01$10,025
Jul 2025941,08066.743.32$9,854
Jun 202501,10466.483.13$3,454
May 2025941,18460.553.23$9,519
Apr 20251831,27762.363.54$15,936
Mar 2025931,27667.704.27$11,742
Feb 2025941,29570.884.34$12,284
Jan 2025089674.324.28$3,834
Dec 2024941,13268.993.12$10,018
Nov 2024080369.052.20$1,765
Oct 20249489771.372.28$8,755
Sep 20248891169.612.36$8,280
Aug 2024931,25375.632.06$9,619
Jul 2024911,35379.932.15$10,178
Jun 2024921,62778.082.63$11,469
May 2024921,73178.812.20$11,056
Apr 2024901,57184.451.66$10,207
Mar 2024941,50180.301.55$9,867
Feb 2024901,32876.091.78$9,217
Jan 2024931,32673.023.30$11,164
Dec 2023951,47271.262.61$10,613
Nov 2023951,49177.892.81$11,586
Oct 2023911,71785.443.09$13,076
Sep 20231581,65789.042.74$18,600
Aug 2023251,26680.522.67$5,397
Jul 202301,37774.852.64$3,638
Jun 202301,58468.962.26$3,577
May 202301,67470.622.23$3,729
Apr 202301,66578.122.24$3,726
Mar 202301,41972.852.39$3,396
Feb 202301,33775.112.47$3,297
Jan 202301,83276.533.39$6,206
Dec 202202,15476.415.73$12,340
Nov 202202,11485.005.65$11,936
Oct 202201,71887.185.86$10,074
Sep 202201,64684.888.16$13,437
Aug 202201,67194.529.13$15,251
Jul 202273888101.587.54$14,113
Jun 202292965115.097.98$18,286
May 2022691,593109.378.43$20,980
Apr 20221601,151104.226.84$24,545
Mar 202201,270108.885.08$6,447
Feb 20221951,17591.054.86$23,464
Jan 2022961,16481.844.54$13,139
Dec 2021961,29571.323.90$11,896
Nov 202101,51577.435.24$7,934
Oct 2021921,64379.795.71$16,729
Sep 20211751,51369.865.35$20,321
Aug 2021941,02266.024.22$10,519
Jul 202101,30370.783.98$5,189
Jun 2021921,74869.493.38$12,302
May 2021952,06663.483.02$12,265
Apr 2021922,19460.362.76$11,605
Mar 2021952,40561.302.72$12,358
Feb 2021922,67857.805.55$20,175
Jan 2021922,75850.412.81$12,388
Dec 2020912,49344.642.68$10,732
Nov 2020912,47138.772.71$10,216
Oct 202002,21436.972.48$5,487
Sep 2020952,04837.091.99$7,601
Aug 20201852,80539.982.39$14,087
Jul 2020972,19838.371.83$7,734
Jun 2020971,64134.901.69$6,159
May 2020784,29716.921.81$9,118
Apr 202004,50314.751.80$8,125
Mar 20201044,70630.341.86$11,891
Feb 20201364,38549.881.98$15,469
Jan 202004,60557.252.09$9,646
Dec 2019654,24359.012.30$13,613
Nov 2019843,54255.302.75$14,388
Oct 2019934,19453.472.42$15,116
Sep 2019873,35555.052.66$13,705
Aug 2019863,52753.112.30$12,695
Jul 2019834,22856.272.46$15,072
Jun 2019863,98152.782.49$14,457
May 20191794,58558.482.74$23,032
Apr 2019785,22962.632.75$19,269
Mar 2019762,27056.803.06$11,268
Feb 20191885,01150.852.79$23,552
Jan 2019921,05646.033.23$7,644
Dec 2018901,11746.594.19$8,868
Nov 2018961,26252.934.24$10,429
Oct 20181921,78961.443.40$17,876
Sep 20181871,37559.543.11$15,407
Aug 2018941,27459.403.07$9,490
Jul 20189796365.142.93$9,142
Jun 2018931,15460.183.08$9,148
May 2018931,00765.382.90$9,001
Apr 20189594763.842.90$8,812
Mar 2018541,61261.222.79$7,798
Feb 2018133,38761.782.77$10,172
Jan 201802,67262.874.01$10,713
Dec 201701,55057.272.92$4,528
Nov 201701,55555.423.12$4,849
Oct 201701,53349.292.98$4,574
Sep 201701,65547.523.09$5,109
Aug 20171441,71445.373.00$11,683
Jul 20173151,59743.873.09$18,749
Jun 20173012,17342.493.09$19,498
May 201701,71445.373.26$5,593
Apr 20176675947.933.21$5,601
Mar 2017821,13446.772.98$7,219
Feb 2017621,55150.452.95$7,707
Jan 20171361,77349.413.42$12,781
Dec 20161261,44748.763.72$11,531
Nov 2016371,16042.492.64$4,640
Oct 20161061,54746.193.09$9,677
Sep 20161251,35041.553.10$9,380
Aug 20161351,37141.442.92$9,604
Jul 20161481,50641.622.92$10,564
Jun 201671,62545.352.69$4,682
May 201601,82142.521.99$3,626
Apr 201601,70036.561.99$3,385
Mar 201601,89533.011.79$3,400
Feb 201601,68326.472.06$3,473
Jan 201602,36027.352.36$5,580
Dec 201502,29632.362.00$4,595
Nov 201501,78138.792.17$3,860
Oct 201502,06043.552.43$4,999
Sep 201572,84942.992.76$8,160
Aug 2015122,89540.162.87$8,798
Jul 2015332,64848.152.95$9,388
Jun 2015382,78456.152.88$10,160
May 2015173,85255.212.96$12,323
Apr 2015454,10749.822.71$13,358
Mar 2015433,89542.892.93$13,275
Feb 2015153,21144.662.98$10,226
Jan 2015573,55143.433.10$13,486
Dec 2014144,15954.693.59$15,702
Nov 2014282,37570.464.25$12,071
Oct 2014153,43878.303.90$14,586
Sep 2014583,53086.164.05$19,278
Aug 2014244,68389.394.04$21,042
Jul 2014114,05396.564.18$18,002
Jun 2014223,35198.164.74$18,033
May 2014213,95394.734.73$20,673
Apr 2014314,79395.944.81$26,024
Mar 201485,04695.895.06$26,284
Feb 201474,38497.406.19$27,828
Jan 201415,11990.404.86$24,972
Dec 201317,08791.824.35$30,952
Nov 201316,35988.853.74$23,861
Oct 201306,53297.423.78$24,687
Sep 201306,518104.113.72$24,232
Aug 201356,982104.253.52$25,116
Jul 201347,256102.523.72$27,386
Jun 201387,15794.403.93$28,907
May 201337,86794.834.15$32,925
Apr 2013187,72293.964.28$34,761
Mar 2013277,98193.623.91$33,756
Feb 2013217,09691.233.42$26,184
Jan 2013358,85491.603.42$33,486
Dec 2012289,72286.773.42$35,680
Nov 201249,56686.953.62$35,024
Oct 2012410,13389.383.40$34,806
Sep 2012299,58194.672.92$30,707
Aug 20122811,38492.662.91$35,701
Jul 20122111,00085.133.02$35,017
Jun 20123910,87779.822.52$30,513
May 20124512,21891.612.49$34,525
Apr 20124012,424101.652.00$28,874
Mar 20124113,461105.052.22$34,218
Feb 20123613,015101.102.57$37,091
Jan 20121714,34698.092.73$40,891
Dec 20113214,72196.873.24$50,792
Nov 20112114,72995.723.31$50,782
Oct 20114615,76584.983.65$61,428
Sep 20116116,09983.623.99$69,268
Aug 20111817,13083.404.15$72,579
Jul 20114217,94294.144.52$85,002
Jun 20114218,66492.904.64$90,501
May 201111020,52598.134.40$101,203
Apr 201113720,937105.964.33$105,242
Mar 201114822,64596.364.06$106,140
Feb 201110521,72385.644.18$99,794
Jan 20115424,96986.504.59$119,248
Dec 20103626,64085.734.35$118,910
Nov 20108628,33380.843.80$114,485
Oct 201011430,20178.103.51$114,875
Sep 20107032,86572.633.98$135,869
Aug 201018531,75073.684.42$153,945
Jul 201035940,92872.554.74$219,901
Jun 201076245,32970.364.91$276,198
May 201041254,73371.124.24$261,108
Apr 201078467,63881.694.12$342,895
Mar 201055459,17878.394.39$303,141
Feb 201046358,83873.585.44$354,285
Jan 201044658,76974.365.96$383,668
Dec 200936143,34171.445.48$263,461
Nov 200931843,44274.593.75$186,692
Oct 200934148,28072.544.11$223,179
Sep 200944952,35965.543.06$189,895
Aug 200956258,48967.423.22$226,137
Jul 200921162,73561.133.46$230,244
Jun 20096462,60766.163.90$248,089
May 20091,00973,72154.743.93$344,643
Apr 20091,11982,86146.773.59$349,599
Mar 200990962,00842.144.06$289,996
Feb 200980154,24032.814.63$277,575
Jan 20091,20964,50535.865.37$389,811
Dec 20081,57568,05537.105.98$465,207
Nov 20081,75575,09555.496.86$612,564
Oct 20082,11481,13475.246.92$720,665
Sep 20081,64970,141101.767.88$720,309
Aug 20081,21190,507114.228.48$906,093
Jul 20081,44197,273131.0811.39$1,296,770
Jun 20081,738106,243131.3313.03$1,612,877
May 20081,730123,200123.1711.57$1,639,037
Apr 200804,978110.3110.45$52,044

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                1,141 Mcf  × $  3.05 =     $3,475

────────────────────────────────────────────────────
Month total                                   $3,475

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/240998 is the state's own key, not one this site invented.