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 265948District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Apr 2012 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
170
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 Gas112013-03-01209103
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
CondensateDisposition12,997 bbl$1,058,635
GasProduction1,009,096 Mcf$3,276,517
Total$4,335,152

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 26.4666, -98.4254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.46658, -98.42542 · 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
12,980 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 12,980 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-215340516412,980 ftApr 2012

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 (170)

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

170 months

May 202601,517106.413.05$4,621
Apr 202601,50298.932.87$4,310
Mar 202601,36889.753.15$4,308
Feb 202601,51263.503.75$5,670
Jan 202601,44359.138.00$11,541
Dec 202501,84056.664.41$8,121
Nov 202501,73158.593.93$6,797
Oct 202502,43459.383.30$8,044
Sep 202501,86662.743.08$5,742
Aug 202502,38463.933.01$7,187
Jul 202502,71266.743.32$8,991
Jun 202504,51166.483.13$14,114
May 2025022960.553.23$740
Apr 202502,61562.363.54$9,265
Mar 202501,81467.704.27$7,743
Feb 2025012270.884.34$530
Jan 20250074.324.28$0
Dec 2024013468.993.12$418
Nov 202402469.052.20$53
Oct 202401471.372.28$32
Sep 202401,35869.612.36$3,211
Aug 202402,03575.632.06$4,199
Jul 2024024179.932.15$517
Jun 202404278.082.63$111
May 2024012378.812.20$270
Apr 2024017784.451.66$294
Mar 2024010780.301.55$165
Feb 2024031476.091.78$560
Jan 202401,43673.023.30$4,735
Dec 202301,20371.262.61$3,141
Nov 202301,20777.892.81$3,389
Oct 2023012085.443.09$370
Sep 20230789.042.74$19
Aug 2023010280.522.67$273
Jul 2023011474.852.64$301
Jun 2023015768.962.26$355
May 2023015470.622.23$343
Apr 2023046678.122.24$1,043
Mar 2023046372.852.39$1,108
Feb 2023031275.112.47$769
Jan 2023050876.533.39$1,721
Dec 2022064076.415.73$3,667
Nov 202201,16485.005.65$6,572
Oct 202202,26387.185.86$13,270
Sep 202202,30384.888.16$18,801
Aug 202202,37394.529.13$21,659
Jul 202202,572101.587.54$19,398
Jun 202212,492115.097.98$19,994
May 202252,376109.378.43$20,584
Apr 202252,426104.226.84$17,109
Mar 202262,751108.885.08$14,618
Feb 202252,46791.054.86$12,442
Jan 202262,83081.844.54$13,333
Dec 202162,33171.323.90$9,517
Nov 202162,25077.435.24$12,247
Oct 202172,41379.795.71$14,346
Sep 202162,21969.865.35$12,293
Aug 202182,85266.024.22$12,565
Jul 202192,91970.783.98$12,261
Jun 202172,62669.493.38$9,364
May 202182,79163.483.02$8,930
Apr 202182,69260.362.76$7,909
Mar 202182,75461.302.72$7,973
Feb 202172,50357.805.55$14,291
Jan 202182,75750.412.81$8,151
Dec 202093,11944.642.68$8,747
Nov 202093,01138.772.71$8,498
Oct 202093,17836.972.48$8,209
Sep 202082,98337.091.99$6,236
Aug 202093,11439.982.39$7,787
Jul 202062,89038.371.83$5,505
Jun 202003,11734.901.69$5,269
May 202003,45216.921.81$6,265
Apr 202003,29614.751.80$5,947
Mar 202003,57430.341.86$6,634
Feb 202003,46749.881.98$6,867
Jan 202023,65257.252.09$7,764
Dec 201953,67459.012.30$8,761
Nov 201953,18355.302.75$9,032
Oct 201953,72153.472.42$9,267
Sep 201953,68455.052.66$10,065
Aug 201963,86453.112.30$9,223
Jul 201943,96056.272.46$9,967
Jun 201903,76552.782.49$9,379
May 201903,91058.482.74$10,715
Apr 201903,76362.632.75$10,351
Mar 201904,57656.803.06$14,012
Feb 201903,82550.852.79$10,680
Jan 201913,85646.033.23$12,494
Dec 2018203,95846.594.19$17,498
Nov 2018214,04852.934.24$18,264
Oct 2018214,18561.443.40$15,511
Sep 2018194,04559.543.11$13,703
Aug 2018604,09559.403.07$16,122
Jul 2018604,12265.142.93$15,994
Jun 2018644,16860.183.08$16,676
May 2018784,14265.382.90$17,115
Apr 2018724,00163.842.90$16,203
Mar 2018864,10461.222.79$16,702
Feb 2018794,07161.782.77$16,141
Jan 2018844,39362.874.01$22,894
Dec 2017944,00657.272.92$17,087
Nov 2017874,47455.423.12$18,773
Oct 2017934,69649.292.98$18,595
Sep 2017954,77947.523.09$19,269
Aug 2017833,41745.373.00$14,032
Jul 2017864,88543.873.09$18,854
Jun 2017504,74542.493.09$16,774
May 2017384,44145.373.26$16,217
Apr 2017424,82347.933.21$17,503
Mar 2017485,20946.772.98$17,787
Feb 2017434650.452.95$2,305
Jan 2017484,97149.413.42$19,367
Dec 2016464,76448.763.72$19,979
Nov 2016515,38942.492.64$16,417
Oct 2016505,56146.193.09$19,494
Sep 2016475,56341.553.10$19,202
Aug 2016525,92541.442.92$19,482
Jul 2016576,79341.622.92$22,237
Jun 2016545,84545.352.69$18,148
May 2016306,45442.521.99$14,126
Apr 2016326,38136.561.99$13,875
Mar 2016376,95333.011.79$13,695
Feb 2016384,93526.472.06$11,190
Jan 2016456,64227.352.36$16,935
Dec 2015526,94532.362.00$15,583
Nov 2015578,10138.792.17$19,769
Oct 2015825,29843.552.43$16,427
Sep 2015775,08842.992.76$17,345
Aug 2015425340.162.87$887
Jul 2015402,50448.152.95$9,300
Jun 2015523,14756.152.88$11,992
May 20151124,31455.212.96$18,933
Apr 2015774,60849.822.71$16,308
Mar 2015884,97442.892.93$18,372
Feb 2015804,62544.662.98$17,338
Jan 20151055,85643.433.10$22,717
Dec 2014955,62454.693.59$25,393
Nov 2014945,77070.464.25$31,156
Oct 2014986,30878.303.90$32,281
Sep 20141096,61686.164.05$36,156
Aug 20141267,54889.394.04$41,720
Jul 2014915,12696.564.18$30,212
Jun 20141297,19998.164.74$46,763
May 20141427,43494.734.73$48,589
Apr 20141447,38295.944.81$49,316
Mar 20141647,63795.895.06$54,345
Feb 20141778,17397.406.19$67,847
Jan 20141918,49090.404.86$58,534
Dec 20131979,17091.824.35$58,019
Nov 20131789,25488.853.74$50,409
Oct 201319410,37497.423.78$58,107
Sep 201318510,139104.113.72$56,955
Aug 201320611,563104.253.52$62,207
Jul 201323413,030102.523.72$72,432
Jun 201322612,14094.403.93$69,086
May 201328214,83394.834.15$88,285
Apr 201326614,91193.964.28$88,851
Mar 201325816,26993.623.91$87,812
Feb 201326116,14591.233.42$79,025
Jan 201331719,41091.603.42$95,418
Dec 201233021,40286.773.42$101,832
Nov 201234723,85486.953.62$116,641
Oct 201246330,61789.383.40$145,471
Sep 201239525,46394.672.92$111,706
Aug 201257836,68792.662.91$160,249
Jul 201271745,01085.133.02$197,004
Jun 201294559,16279.822.52$224,461
May 20121,29781,65991.612.49$322,012
Apr 201252635,139101.652.00$123,633

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                1,517 Mcf  × $  3.05 =     $4,621

────────────────────────────────────────────────────
Month total                                   $4,621

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/265948 is the state's own key, not one this site invented.