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 241531District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
Jan 2008 – May 2026
Value, last 12 filed months
$149 k
at the published price for each month
Months reported
221
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 Gas112009-01-28186872
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
CondensateDisposition20,425 bbl$1,656,567
GasProduction2,084,559 Mcf$9,520,139
Total$11,176,705

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 26.4875, -98.4291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48753, -98.42907 · 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
10,835 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 10,835 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-215337475710,835 ftAug 2016

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 (221)

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

221 months

May 202604,230106.413.05$12,884
Apr 202604,01898.932.87$11,531
Mar 202604,23289.753.15$13,328
Feb 202602,94263.503.75$11,033
Jan 202603,03059.138.00$24,234
Dec 202503,15256.664.41$13,911
Nov 202503,18158.593.93$12,490
Oct 202503,03359.383.30$10,024
Sep 202503,01562.743.08$9,277
Aug 202503,46263.933.01$10,437
Jul 202503,50866.743.32$11,630
Jun 202502,71166.483.13$8,482
May 202502,98060.553.23$9,632
Apr 202503,48462.363.54$12,344
Mar 202503,83767.704.27$16,378
Feb 202503,50270.884.34$15,202
Jan 202504,41174.324.28$18,873
Dec 202404,65968.993.12$14,542
Nov 202404,03869.052.20$8,877
Oct 202403,95871.372.28$9,030
Sep 202404,09969.612.36$9,692
Aug 202403,86775.632.06$7,980
Jul 202404,11479.932.15$8,831
Jun 202404,79178.082.63$12,619
May 202404,40778.812.20$9,689
Apr 202404,56584.451.66$7,574
Mar 202405,03980.301.55$7,786
Feb 202403,31876.091.78$5,918
Jan 202403,99373.023.30$13,168
Dec 202305,06271.262.61$13,215
Nov 202304,89577.892.81$13,743
Oct 202305,49385.443.09$16,958
Sep 202303,19889.042.74$8,747
Aug 202301,28880.522.67$3,443
Jul 202302,79474.852.64$7,381
Jun 202304,04568.962.26$9,136
May 202304,28070.622.23$9,533
Apr 202304,54478.122.24$10,168
Mar 202304,52972.852.39$10,839
Feb 202304,85775.112.47$11,976
Jan 202302,60876.533.39$8,835
Dec 202202,62276.415.73$15,022
Nov 202202,45585.005.65$13,861
Oct 202203,79487.185.86$22,247
Sep 202204,13384.888.16$33,740
Aug 202204,14594.529.13$37,832
Jul 202204,673101.587.54$35,244
Jun 2022194,714115.097.98$39,791
May 20221184,107109.378.43$47,540
Apr 20221174,588104.226.84$43,565
Mar 20221353,409108.885.08$32,004
Feb 20221294,23891.054.86$32,337
Jan 20221354,42281.844.54$31,114
Dec 20211443,43471.323.90$23,660
Nov 20211483,25977.435.24$28,527
Oct 20211553,13079.795.71$30,252
Sep 20211232,99469.865.35$24,613
Aug 20211243,68566.024.22$23,739
Jul 2021604,01070.783.98$20,215
Jun 2021273,21369.493.38$12,738
May 2021304,19863.483.02$14,573
Apr 2021294,40960.362.76$13,912
Mar 2021314,36461.302.72$13,757
Feb 2021273,16457.805.55$19,114
Jan 2021313,87550.412.81$12,453
Dec 2020334,44644.642.68$13,368
Nov 2020334,33338.772.71$13,007
Oct 2020324,09536.972.48$11,332
Sep 2020184,16937.091.99$8,968
Aug 202064,49439.982.39$10,959
Jul 2020113,78638.371.83$7,332
Jun 2020354,75334.901.69$9,256
May 2020435,38716.921.81$10,504
Apr 2020345,15414.751.80$9,801
Mar 2020475,37530.341.86$11,403
Feb 2020554,52449.881.98$11,704
Jan 2020495,36457.252.09$14,041
Dec 2019745,60259.012.30$17,276
Nov 2019754,98055.302.75$17,846
Oct 2019785,80653.472.42$18,213
Sep 2019825,76055.052.66$19,820
Aug 2019866,10653.112.30$18,638
Jul 2019705,96456.272.46$18,611
Jun 2019555,60452.782.49$16,864
May 2019905,70458.482.74$20,894
Apr 20191065,85662.632.75$22,747
Mar 20191116,67156.803.06$26,732
Feb 2019875,47350.852.79$19,706
Jan 2019876,06446.033.23$23,580
Dec 2018685,82446.594.19$27,544
Nov 201835,61052.934.24$23,930
Oct 201836,43261.443.40$22,041
Sep 201835,61659.543.11$17,633
Aug 201896,92659.403.07$21,774
Jul 2018127,34065.142.93$22,302
Jun 2018127,24460.183.08$23,011
May 2018157,54665.382.90$22,870
Apr 2018147,20963.842.90$21,806
Mar 2018177,71361.222.79$22,536
Feb 2018157,20861.782.77$20,865
Jan 2018168,11162.874.01$33,526
Dec 2017188,50257.272.92$25,870
Nov 2017177,07155.423.12$22,992
Oct 2017196,90649.292.98$21,542
Sep 2017197,61547.523.09$24,413
Aug 2017177,24045.373.00$22,523
Jul 2017178,17143.873.09$25,972
Jun 2017278,13242.493.09$26,253
May 2017278,54545.373.26$29,111
Apr 2017196,62947.933.21$22,200
Mar 2017206,93546.772.98$21,627
Feb 2017207,04850.452.95$21,819
Jan 2017257,91049.413.42$28,278
Dec 2016288,87948.763.72$34,420
Nov 20163110,11942.492.64$28,075
Oct 20163612,80946.193.09$41,246
Sep 20162912,55941.553.10$40,146
Aug 201672,77341.442.92$8,399
Jul 2016156,21641.622.92$18,802
Jun 2016176,05145.352.69$17,023
May 2016936,94342.521.99$17,778
Apr 2016956,58636.561.99$16,586
Mar 20161076,92233.011.79$15,950
Feb 20161104,91726.472.06$13,059
Jan 20161216,10827.352.36$17,751
Dec 20151285,90432.362.00$15,958
Nov 20151326,66938.792.17$19,574
Oct 20151328,53043.552.43$26,447
Sep 20151127,28342.992.76$24,904
Aug 20151217,80540.162.87$27,279
Jul 20151137,07048.152.95$26,263
Jun 20151227,44956.152.88$28,325
May 20152118,14055.212.96$35,707
Apr 20151297,72349.822.71$27,330
Mar 20151397,88642.892.93$29,105
Feb 20151257,25444.662.98$27,172
Jan 20151427,86443.433.10$30,550
Dec 20141498,79354.693.59$39,728
Nov 20141479,04670.464.25$48,820
Oct 20141549,96178.303.90$50,916
Sep 20141649,99686.164.05$54,568
Aug 201418110,84889.394.04$59,953
Jul 201419911,26696.564.18$66,303
Jun 201420911,61298.164.74$75,520
May 201425713,48594.734.73$88,083
Apr 201424512,51295.944.81$83,677
Mar 201429713,86395.895.06$98,582
Feb 201430914,21897.406.19$118,134
Jan 201438317,04290.404.86$117,460
Dec 201340018,56391.824.35$117,560
Nov 201341021,29688.853.74$116,039
Oct 201345824,49297.423.78$137,182
Sep 201349627,174104.113.72$152,664
Aug 201351929,093104.253.52$156,589
Jul 201368037,597102.523.72$209,489
Jun 201390248,18694.403.93$274,684
May 20131,34371,30994.834.15$423,223
Apr 201320711,67193.964.28$69,432
Mar 2013986,18693.623.91$33,380
Feb 2013976,02491.233.42$29,451
Jan 20131106,76791.603.42$33,219
Dec 20121036,70486.773.42$31,866
Nov 2012926,35186.953.62$31,022
Oct 20121046,86589.383.40$32,634
Sep 20121046,74594.672.92$29,530
Aug 20121167,41092.662.91$32,298
Jul 20121247,83085.133.02$34,209
Jun 20121328,35479.822.52$31,580
May 20121408,68791.612.49$34,441
Apr 20121288,415101.652.00$29,814
Mar 20121867,598105.052.22$36,423
Feb 20121207,459101.102.57$31,303
Jan 20121137,70798.092.73$32,156
Dec 20111248,86596.873.24$40,732
Nov 20111268,78795.723.31$41,157
Oct 20111379,50484.983.65$46,318
Sep 20111209,17783.623.99$46,612
Aug 20111229,64683.404.15$50,199
Jul 20111279,65994.144.52$55,588
Jun 20111419,91692.904.64$59,108
May 201113210,19598.134.40$57,860
Apr 20111712,333105.964.33$55,244
Mar 20111912,08296.364.06$50,852
Feb 20111810,69285.644.18$46,234
Jan 20116912,38286.504.59$62,787
Dec 20106913,18685.734.35$63,245
Nov 20106612,25080.843.80$51,828
Oct 20107213,01578.103.51$51,291
Sep 20107413,45672.633.98$58,922
Aug 20107814,37973.684.42$69,293
Jul 20103816,17972.554.74$79,389
Jun 20103815,07370.364.91$76,688
May 20104316,84771.124.24$74,409
Apr 2010679,01981.694.12$42,656
Mar 20108717,31478.394.39$82,805
Feb 201010215,08073.585.44$89,576
Jan 20104213,45574.365.96$83,370
Dec 20093713,14871.445.48$74,744
Nov 20094314,45874.593.75$57,447
Oct 20094716,36372.544.11$70,665
Sep 20094217,74065.543.06$57,121
Aug 20094619,00167.423.22$64,256
Jul 200911916,27661.133.46$63,663
Jun 200911216,05366.163.90$69,936
May 200911415,44854.743.93$66,885
Apr 200911115,17446.773.59$59,628
Mar 200913418,11742.144.06$79,184
Feb 200912519,21132.814.63$93,106
Jan 200915722,42335.865.37$126,064
Dec 200817426,02937.105.98$162,034
Nov 200816023,36055.496.86$169,136
Oct 200815523,61675.246.92$175,132
Sep 200818029,732101.767.88$252,518
Aug 200818932,753114.228.48$299,432
Jul 200828735,768131.0811.39$444,997
Jun 200824230,538131.3313.03$429,772
May 200823734,399123.1711.57$427,335
Apr 2008036,341110.3110.45$379,940
Mar 2008233,439101.909.66$323,361
Feb 2008615,96692.538.77$57,970
Jan 20081417,97490.388.21$78,176

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                4,230 Mcf  × $  3.05 =    $12,884

────────────────────────────────────────────────────
Month total                                  $12,884

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/241531 is the state's own key, not one this site invented.