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 248428District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Mar 2009 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
207
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 Gas112010-10-15200141
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
CondensateDisposition13,221 bbl$1,018,673
GasProduction1,284,697 Mcf$4,929,648
Total$5,948,321

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 26.4808, -98.4386. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48078, -98.43860 · 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
10,820 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 10,820 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-215338935910,820 ftJun 2013

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 (207)

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

207 months

May 20261245106.413.05$853
Apr 2026129098.932.87$931
Mar 2026123889.753.15$839
Feb 2026130263.503.75$1,196
Jan 2026127159.138.00$2,227
Dec 2025123556.664.41$1,094
Nov 2025121858.593.93$915
Oct 2025125859.383.30$912
Sep 2025123162.743.08$774
Aug 2025124563.933.01$803
Jul 2025127366.743.32$972
Jun 2025123366.483.13$795
May 2025127460.553.23$946
Apr 2025229162.363.54$1,156
Mar 2025138267.704.27$1,698
Feb 2025128370.884.34$1,299
Jan 2025020974.324.28$894
Dec 2024130968.993.12$1,033
Nov 2024019869.052.20$435
Oct 2024021171.372.28$481
Sep 2024120369.612.36$550
Aug 2024435475.632.06$1,033
Jul 2024546979.932.15$1,406
Jun 2024649478.082.63$1,770
May 2024544378.812.20$1,368
Apr 2024550984.451.66$1,267
Mar 2024554680.301.55$1,245
Feb 2024451476.091.78$1,221
Jan 2024559473.023.30$2,324
Dec 2023558071.262.61$1,871
Nov 2023556177.892.81$1,964
Oct 2023661385.443.09$2,405
Sep 2023561789.042.74$2,133
Aug 2023659880.522.67$2,082
Jul 2023759374.852.64$2,091
Jun 2023655268.962.26$1,660
May 2023055970.622.23$1,245
Apr 2023055178.122.24$1,233
Mar 2023054472.852.39$1,302
Feb 2023048775.112.47$1,201
Jan 2023045776.533.39$1,548
Dec 2022049276.415.73$2,819
Nov 2022048085.005.65$2,710
Oct 2022049787.185.86$2,914
Sep 2022048184.888.16$3,927
Aug 2022045394.529.13$4,135
Jul 20221275101.587.54$2,176
Jun 202271,873115.097.98$15,747
May 2022272,212109.378.43$21,607
Apr 2022271,871104.226.84$15,607
Mar 2022311,907108.885.08$13,056
Feb 2022301,34191.054.86$9,247
Jan 2022311,92481.844.54$11,268
Dec 2021331,67771.323.90$8,892
Nov 2021341,78877.435.24$11,996
Oct 20213381479.795.71$7,284
Sep 2021271,78369.865.35$11,427
Aug 2021292,61466.024.22$12,947
Jul 2021172,41870.783.98$10,832
Jun 202172,10669.493.38$7,606
May 202172,60563.483.02$8,305
Apr 202172,28360.362.76$6,720
Mar 202181,81061.302.72$5,408
Feb 202171,98257.805.55$11,401
Jan 202183,07150.412.81$9,034
Dec 202083,29244.642.68$9,165
Nov 202082,71538.772.71$7,659
Oct 202082,18136.972.48$5,701
Sep 202081,83137.091.99$3,942
Aug 202091,90739.982.39$4,908
Jul 202081,91338.371.83$3,798
Jun 202072,62634.901.69$4,683
May 202082,49216.921.81$4,658
Apr 202072,33514.751.80$4,316
Mar 2020101,90830.341.86$3,845
Feb 2020111,73249.881.98$3,979
Jan 202072,02357.252.09$4,638
Dec 201981,61959.012.30$4,203
Nov 201982,73455.302.75$7,963
Oct 201993,39853.472.42$8,699
Sep 201992,59555.052.66$7,391
Aug 2019103,21253.112.30$7,933
Jul 201983,84956.272.46$9,919
Jun 201943,59652.782.49$9,169
May 201932,20058.482.74$6,204
Apr 201943,96762.632.75$11,163
Mar 201944,72156.803.06$14,683
Feb 201933,84050.852.79$10,875
Jan 201932,90446.033.23$9,513
Dec 201843,02146.594.19$12,831
Nov 201841,27852.934.24$5,627
Oct 201852,98061.443.40$10,433
Sep 201842,68259.543.11$8,574
Aug 2018253,23659.403.07$11,408
Jul 2018333,68565.142.93$12,954
Jun 2018354,07860.183.08$14,654
May 2018444,48765.382.90$15,893
Apr 2018404,31363.842.90$15,065
Mar 2018484,61661.222.79$15,803
Feb 2018444,34161.782.77$14,726
Jan 2018474,72662.874.01$21,903
Dec 2017524,48257.272.92$16,072
Nov 2017494,22755.423.12$15,897
Oct 2017555,26449.292.98$18,417
Sep 2017555,29547.523.09$18,961
Aug 2017463,76345.373.00$13,393
Jul 2017464,99743.873.09$17,445
Jun 2017604,36242.493.09$16,016
May 2017876,27845.373.26$24,435
Apr 20171696,61847.933.21$29,355
Mar 20171786,67446.772.98$28,238
Feb 20171515,84250.452.95$24,867
Jan 20171655,83549.413.42$28,101
Dec 20161495,24748.763.72$26,799
Nov 20161455,15742.492.64$19,798
Oct 20162077,82946.193.09$33,755
Sep 20161757,08141.553.10$29,227
Aug 20161535,94841.442.92$23,734
Jul 20162028,24441.622.92$32,516
Jun 20161194,57845.352.69$17,692
May 2016116,62342.521.99$13,654
Apr 2016126,74536.561.99$13,868
Mar 2016189,21833.011.79$17,131
Feb 2016165,61326.472.06$12,007
Jan 201693,64027.352.36$8,852
Dec 2015165,83232.362.00$12,190
Nov 2015154,73638.792.17$10,846
Oct 2015835,43343.552.43$16,798
Sep 2015472,95642.992.76$10,174
Aug 20151227,89840.162.87$27,586
Jul 2015563,55148.152.95$13,154
Jun 2015251,52756.152.88$5,806
May 2015411,57555.212.96$6,918
Apr 2015633,79149.822.71$13,399
Mar 2015492,76742.892.93$10,222
Feb 2015543,13244.662.98$11,733
Jan 2015834,57943.433.10$17,802
Dec 20141287,55954.693.59$34,147
Nov 20141267,70270.464.25$41,626
Oct 20141318,48578.303.90$43,357
Sep 20141478,96786.164.05$48,941
Aug 20141609,55389.394.04$52,850
Jul 20141649,27696.564.18$54,606
Jun 201419510,87098.164.74$70,631
May 201422511,85994.734.73$77,367
Apr 2014924,72295.944.81$31,535
Mar 20141145,33895.895.06$37,925
Feb 20141215,58097.406.19$46,337
Jan 20141496,63490.404.86$45,716
Dec 20131627,52291.824.35$47,629
Nov 20131728,91288.853.74$48,598
Oct 201320310,84797.423.78$60,771
Sep 201324713,468104.113.72$75,786
Aug 201334719,322104.253.52$104,239
Jul 201352929,666102.523.72$164,524
Jun 201330416,53794.403.93$93,744
May 20131226,44494.834.15$38,306
Apr 2013643,58093.964.28$21,345
Mar 2013734,60293.623.91$24,841
Feb 2013996,12491.233.42$29,975
Jan 20131096,74391.603.42$33,045
Dec 2012875,69586.773.42$27,027
Nov 2012805,51286.953.62$26,937
Oct 20121107,28489.383.40$34,595
Sep 20121076,95594.672.92$30,427
Aug 2012945,94892.662.91$26,008
Jul 20121267,98785.133.02$34,854
Jun 20121388,76379.822.52$33,090
May 20121217,47191.612.49$29,675
Apr 20121298,455101.652.00$29,996
Mar 20121658,922105.052.22$37,159
Feb 20121398,698101.102.57$36,409
Jan 20121288,69598.092.73$36,328
Dec 201115010,69096.873.24$49,163
Nov 201115410,74195.723.31$50,307
Oct 201116811,59284.983.65$56,571
Sep 201116012,51283.623.99$63,250
Aug 2011957,35583.404.15$38,441
Jul 20111289,75894.144.52$56,129
Jun 20111298,89592.904.64$53,256
May 201116813,00198.134.40$73,753
Apr 20112113,939105.964.33$62,627
Mar 20112414,60896.364.06$61,582
Feb 20112713,01485.644.18$56,711
Jan 20116316,27286.504.59$80,118
Dec 20106117,55485.734.35$81,550
Nov 20106317,22980.843.80$70,483
Oct 20107118,37678.103.51$70,024
Sep 20107319,67172.633.98$83,582
Aug 20107118,83373.684.42$88,461
Jul 20107618,45172.554.74$92,907
Jun 201010023,77370.364.91$123,771
May 20108929,22271.124.24$130,091
Apr 20108725,94381.694.12$114,062
Mar 20109221,57578.394.39$101,897
Feb 201010425,85773.585.44$148,375
Jan 201011238,32774.365.96$236,914
Dec 200997549,97471.445.48$343,699
Nov 200914757,05274.593.75$224,995
Oct 200914155,02072.544.11$236,374
Sep 2009352,19165.543.06$9,009
Aug 20093067.423.22$202
Jul 2009705,58161.133.46$23,614
Jun 200908,57166.163.90$33,384
May 2009012,76654.743.93$50,116
Apr 200903,53146.773.59$12,667
Mar 2009096542.144.06$3,917

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             1 bbl  × $106.41 =       $106
Gas                  245 Mcf  × $  3.05 =       $746

────────────────────────────────────────────────────
Month total                                     $853

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/248428 is the state's own key, not one this site invented.