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 266234District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Oct 2012 – May 2026
Value, last 12 filed months
$317 k
at the published price for each month
Months reported
164
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 Gas112013-04-19209636
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
CondensateDisposition26,516 bbl$2,025,428
GasProduction2,136,362 Mcf$7,402,165
Total$9,427,593

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 26.4589, -98.4372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.45891, -98.43722 · 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
10,501 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 10,501 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-2153406765H10,501 ftOct 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 (164)

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

164 months

May 202666,793106.413.05$21,329
Apr 202676,68298.932.87$19,868
Mar 202677,13889.753.15$23,109
Feb 202676,61463.503.75$25,249
Jan 202687,46559.138.00$60,178
Dec 202587,32656.664.41$32,786
Nov 202587,59858.593.93$30,302
Oct 202555,58659.383.30$18,758
Sep 202574,99862.743.08$15,818
Aug 202587,00663.933.01$21,633
Jul 202597,28766.743.32$24,759
Jun 202587,18666.483.13$23,015
May 202587,52760.553.23$24,814
Apr 202587,77862.363.54$28,057
Mar 202598,10267.704.27$35,191
Feb 202594,07170.884.34$18,309
Jan 2025223,98474.324.28$18,681
Dec 2024224,88568.993.12$16,766
Nov 2024214,96969.052.20$12,374
Oct 2024205,02071.372.28$12,880
Sep 2024166,16169.612.36$15,681
Aug 202493,58675.632.06$8,081
Jul 2024114,76979.932.15$11,116
Jun 202494,03678.082.63$11,333
May 202492,89878.812.20$7,080
Apr 2024124,27684.451.66$8,108
Mar 202493,87080.301.55$6,702
Feb 2024104,60276.091.78$8,969
Jan 2024103,90373.023.30$13,601
Dec 2023124,87171.262.61$13,572
Nov 2023125,23277.892.81$15,624
Oct 2023157,28585.443.09$23,772
Sep 202342,27689.042.74$6,581
Aug 2023286080.522.67$2,460
Jul 202371,88274.852.64$5,496
Jun 202394,24868.962.26$10,215
May 202306,08770.622.23$13,558
Apr 202304,91978.122.24$11,008
Mar 202305,45272.852.39$13,048
Feb 202304,45775.112.47$10,990
Jan 202303,99776.533.39$13,541
Dec 202204,82276.415.73$27,626
Nov 202204,92685.005.65$27,813
Oct 202205,85987.185.86$34,356
Sep 202205,62684.888.16$45,929
Aug 202205,94394.529.13$54,243
Jul 202235,537101.587.54$42,065
Jun 2022216,365115.097.98$53,192
May 2022464,442109.378.43$42,491
Apr 2022634,752104.226.84$39,058
Mar 2022846,385108.885.08$41,559
Feb 2022816,06391.054.86$36,834
Jan 2022856,81981.844.54$37,899
Dec 2021905,62471.323.90$28,347
Nov 2021935,58177.435.24$36,428
Oct 2021976,13279.795.71$42,777
Sep 2021775,42669.865.35$34,413
Aug 2021817,09266.024.22$35,280
Jul 2021897,31070.783.98$35,408
Jun 20211095,17569.493.38$25,069
May 20211227,10063.483.02$29,170
Apr 20211165,74660.362.76$22,852
Mar 20211236,62961.302.72$25,551
Feb 20211084,58757.805.55$31,691
Jan 20211266,82150.412.81$25,521
Dec 20201327,52644.642.68$26,028
Nov 20201337,34838.772.71$25,044
Oct 20201317,05436.972.48$22,326
Sep 20201267,10637.091.99$18,822
Aug 20201426,42939.982.39$21,011
Jul 20201366,12938.371.83$16,404
Jun 2020427,13934.901.69$13,533
May 2020468,70816.921.81$16,581
Apr 2020378,25214.751.80$15,435
Mar 2020509,06530.341.86$18,344
Feb 2020597,07849.881.98$16,962
Jan 2020648,55357.252.09$21,580
Dec 2019699,76159.012.30$26,565
Nov 2019708,46155.302.75$27,145
Oct 2019739,71253.472.42$27,392
Sep 20197610,54755.052.66$32,210
Aug 20198011,13853.112.30$29,915
Jul 20196511,17156.272.46$31,139
Jun 20193910,04852.782.49$27,090
May 20194510,14558.482.74$30,432
Apr 2019529,90162.632.75$30,491
Mar 20195512,20556.803.06$40,497
Feb 20194310,61050.852.79$31,812
Jan 2019378,18446.033.23$28,123
Dec 20183910,38846.594.19$45,295
Nov 20184110,65752.934.24$47,326
Oct 2018429,90261.443.40$36,228
Sep 2018369,84359.543.11$32,735
Aug 2018811,04259.403.07$34,336
Jul 201829,29465.142.93$27,379
Jun 2018210,39760.183.08$32,111
May 2018311,03665.382.90$32,209
Apr 201839,98163.842.90$29,144
Mar 2018310,26861.222.79$28,799
Feb 2018310,05761.782.77$28,004
Jan 2018310,86362.874.01$43,742
Dec 2017312,27957.272.92$36,045
Nov 2017311,51755.423.12$36,080
Oct 2017412,98749.292.98$38,946
Sep 2017312,60847.523.09$39,067
Aug 2017310,96745.373.00$33,085
Jul 2017514,50443.873.09$44,997
Jun 20178114,90142.493.09$49,445
May 20179215,52245.373.26$54,829
Apr 201715212,69447.933.21$48,053
Mar 201715612,41046.772.98$44,324
Feb 201714912,13450.452.95$43,344
Jan 201718914,20749.413.42$57,909
Dec 201621516,04948.763.72$70,231
Nov 201622417,24342.492.64$55,114
Oct 201623719,29846.193.09$70,583
Sep 2016887,54641.553.10$27,054
Aug 20161179,58141.442.92$32,867
Jul 201620410,42441.622.92$38,974
Jun 20163459,53645.352.69$41,258
May 201642410,63142.521.99$39,195
Apr 201644110,38536.561.99$36,800
Mar 201626911,10233.011.79$28,797
Feb 201609,00526.472.06$18,583
Jan 2016010,30327.352.36$24,360
Dec 2015010,89532.362.00$21,805
Nov 2015612,30238.792.17$26,895
Oct 201520313,12543.552.43$40,690
Sep 201521113,70642.992.76$46,878
Aug 201521613,89240.162.87$48,579
Jul 201523214,48748.152.95$53,836
Jun 201523314,22456.152.88$54,089
May 201538314,75755.212.96$64,759
Apr 201526015,47849.822.71$54,845
Mar 201528916,34342.892.93$60,357
Feb 201527015,60544.662.98$58,502
Jan 201530616,97443.433.10$65,920
Dec 201431418,56654.693.59$83,850
Nov 201431719,44670.464.25$105,017
Oct 201434322,19078.303.90$113,419
Sep 201439023,74986.164.05$129,678
Aug 201441224,65989.394.04$136,331
Jul 201444825,32296.564.18$149,095
Jun 201448227,22598.164.74$176,275
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20141095.895.06$96
Feb 2014703,11497.406.19$26,100
Jan 201437016,31690.404.86$112,756
Dec 201357327,13191.824.35$170,754
Nov 201329114,84088.853.74$81,331
Oct 201360632,41097.423.78$181,526
Sep 201363734,864104.113.72$195,933
Aug 201371140,003104.253.52$215,037
Jul 201380444,664102.523.72$248,475
Jun 201388347,42694.403.93$269,901
May 20131,05855,52594.834.15$330,708
Apr 20131,11562,38993.964.28$371,952
Mar 20131,18074,40993.623.91$401,624
Feb 20131,08667,13591.233.42$328,671
Jan 20131,38884,78591.603.42$417,098
Dec 20121,52799,17086.773.42$471,675
Nov 20121,533106,96186.953.62$521,024
Oct 20120089.383.40$0

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             6 bbl  × $106.41 =       $638
Gas                6,793 Mcf  × $  3.05 =    $20,690

────────────────────────────────────────────────────
Month total                                  $21,329

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/266234 is the state's own key, not one this site invented.