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 270159District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.8 M
Apr 2013 – May 2026
Value, last 12 filed months
$359 k
at the published price for each month
Months reported
158
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 Gas112014-02-26212630
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
CondensateDisposition85,895 bbl$6,432,030
GasProduction5,295,316 Mcf$19,377,473
Total$25,809,503

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 26.4813, -98.4317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48127, -98.43168 · 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
11,570 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 11,570 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-215340796811,570 ftJan 2021

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 (158)

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

158 months

May 2026396,138106.413.05$22,845
Apr 2026466,18598.932.87$22,300
Mar 2026486,64089.753.15$25,220
Feb 2026516,27263.503.75$26,761
Jan 2026576,98359.138.00$59,220
Dec 2025536,85956.664.41$33,274
Nov 2025567,06058.593.93$31,002
Oct 2025506,99859.383.30$26,096
Sep 2025567,19262.743.08$25,643
Aug 2025527,87863.933.01$27,075
Jul 2025628,29266.743.32$31,628
Jun 2025567,58366.483.13$27,448
May 2025567,63060.553.23$28,053
Apr 2025515,71062.363.54$23,412
Mar 2025626,80067.704.27$33,222
Feb 2025536,60570.884.34$32,428
Jan 2025757,33474.324.28$36,954
Dec 2024727,73668.993.12$29,114
Nov 2024687,51169.052.20$21,208
Oct 2024637,62571.372.28$21,892
Sep 2024578,34069.612.36$23,687
Aug 2024558,18775.632.06$21,055
Jul 2024558,18179.932.15$21,957
Jun 2024658,28678.082.63$26,900
May 2024537,65378.812.20$21,002
Apr 2024608,37784.451.66$18,966
Mar 2024569,10480.301.55$18,564
Feb 2024508,46676.091.78$18,905
Jan 2024599,40373.023.30$35,316
Dec 2023599,34871.262.61$28,609
Nov 2023619,32177.892.81$30,921
Oct 20236410,27885.443.09$37,199
Sep 20235410,24789.042.74$32,834
Aug 2023423,76180.522.67$13,435
Jul 2023503,08874.852.64$11,900
Jun 2023698,66368.962.26$24,323
May 202308,79670.622.23$19,592
Apr 202308,71578.122.24$19,502
Mar 202309,16472.852.39$21,931
Feb 202308,24475.112.47$20,327
Jan 202308,39076.533.39$28,423
Dec 202207,17776.415.73$41,118
Nov 202207,49285.005.65$42,301
Oct 202209,23487.185.86$54,146
Sep 202209,10684.888.16$74,338
Aug 202209,55394.529.13$87,192
Jul 2022210,364101.587.54$78,369
Jun 2022169,932115.097.98$81,071
May 2022569,587109.378.43$86,972
Apr 2022549,414104.226.84$69,997
Mar 20226210,532108.885.08$60,215
Feb 20226010,22991.054.86$55,164
Jan 20226311,44981.844.54$57,108
Dec 2021679,56171.323.90$42,058
Nov 2021689,70177.435.24$56,068
Oct 20217110,61479.795.71$66,312
Sep 2021569,48369.865.35$54,655
Aug 20215711,26166.024.22$51,291
Jul 20212510,31470.783.98$42,841
Jun 202169,28769.493.38$31,813
May 2021710,39763.483.02$31,819
Apr 2021610,46860.362.76$29,237
Mar 2021711,71261.302.72$32,250
Feb 2021612,84757.805.55$71,621
Jan 202176,16750.412.81$17,684
Dec 202072,93844.642.68$8,173
Nov 202072,92838.772.71$8,196
Oct 202072,83036.972.48$7,273
Sep 202073,60037.091.99$7,427
Aug 2020144,26639.982.39$10,735
Jul 20201674,53038.371.83$14,676
Jun 20208675,48434.901.69$39,528
May 20201,0687,35616.921.81$31,420
Apr 20208618,59714.751.80$28,212
Mar 20201,14413,55830.341.86$59,876
Feb 202053214,54749.881.98$55,349
Jan 202037917,78857.252.09$58,959
Dec 201941017,43859.012.30$64,378
Nov 201941315,36555.302.75$65,103
Oct 201943116,98353.472.42$64,120
Sep 201945116,39355.052.66$68,388
Aug 201947719,05653.112.30$69,245
Jul 201938218,46056.272.46$66,908
Jun 201920617,38352.782.49$54,177
May 201922817,53158.482.74$61,374
Apr 201926716,05562.632.75$60,885
Mar 201927921,15156.803.06$80,614
Feb 201922019,03550.852.79$64,337
Jan 201922221,20046.033.23$78,656
Dec 201835421,53046.594.19$106,605
Nov 201844220,68252.934.24$111,030
Oct 201845323,04261.443.40$106,131
Sep 201839222,06359.543.11$91,911
Aug 201820722,60059.403.07$81,600
Jul 201812822,78765.142.93$75,147
Jun 201813722,74860.183.08$78,238
May 201816824,53265.382.90$82,146
Apr 201815522,04963.842.90$73,855
Mar 201818123,23661.222.79$75,836
Feb 201816922,67461.782.77$73,160
Jan 201818125,32262.874.01$112,903
Dec 201720125,79657.272.92$86,875
Nov 201718926,07255.423.12$91,776
Oct 201721226,94249.292.98$90,836
Sep 201721225,53547.523.09$88,908
Aug 201718121,07745.373.00$71,536
Jul 201718829,26443.873.09$98,594
Jun 201722427,97142.493.09$95,872
May 201722231,42845.373.26$112,634
Apr 201734536,00247.933.21$132,160
Mar 201740540,44946.772.98$139,629
Feb 201736938,78050.452.95$133,118
Jan 201724623,11949.413.42$91,194
Dec 201629127,32148.763.72$115,901
Nov 201627726,81442.492.64$82,675
Oct 201629229,39546.193.09$104,326
Sep 201629832,05441.553.10$111,769
Aug 201632033,54141.442.92$111,346
Jul 201632438,24041.622.92$125,312
Jun 201630741,42945.352.69$125,194
May 201635943,85842.521.99$102,588
Apr 201638043,11936.561.99$99,744
Mar 201645447,76733.011.79$100,681
Feb 201670834,37426.472.06$89,676
Jan 201693045,42527.352.36$132,837
Dec 20151,03046,31032.362.00$126,016
Nov 20151,06646,40438.792.17$141,923
Oct 201580151,74243.552.43$160,440
Sep 201587156,36242.992.76$192,914
Aug 201599964,13040.162.87$224,333
Jul 20151,15271,94148.152.95$267,341
Jun 20151,28778,70156.152.88$299,149
May 20151,88272,56155.212.96$318,356
Apr 20151,03862,24449.822.71$220,181
Mar 201571440,42342.892.93$149,253
Feb 201567038,58144.662.98$144,747
Jan 20151,02556,93743.433.10$221,056
Dec 201498958,48154.693.59$264,115
Nov 201499961,22670.464.25$330,713
Oct 20141,14373,91578.303.90$377,836
Sep 20141,28378,08486.164.05$426,427
Aug 20141,45687,03689.394.04$481,353
Jul 20141,71096,73196.564.18$569,414
Jun 20141,833101,85198.164.74$662,383
May 20142,301120,48194.734.73$787,434
Apr 20142,494127,53095.944.81$852,581
Mar 20143,017140,90895.895.06$1,001,844
Feb 20142,986137,40897.406.19$1,141,667
Jan 20143,502156,22890.404.86$1,075,961
Dec 20133,021141,66491.824.35$894,261
Nov 20132,247116,22788.853.74$634,135
Oct 20133,003160,80597.423.78$900,292
Sep 20132,814153,958104.113.72$865,341
Aug 20133,310186,315104.253.52$1,001,383
Jul 20133,591199,839102.523.72$1,111,099
Jun 20133,532190,33694.403.93$1,082,090
May 20133,535186,70994.834.15$1,109,895
Apr 20131,916108,81593.964.28$646,037

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            39 bbl  × $106.41 =     $4,150
Gas                6,138 Mcf  × $  3.05 =    $18,695

────────────────────────────────────────────────────
Month total                                  $22,845

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/270159 is the state's own key, not one this site invented.