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 270878District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.0 M
Oct 2013 – May 2026
Value, last 12 filed months
$237 k
at the published price for each month
Months reported
152
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 Gas112014-11-19214397
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
CondensateDisposition47,479 bbl$3,488,366
GasProduction3,071,822 Mcf$11,508,833
Total$14,997,199

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 26.4790, -98.4341. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47899, -98.43407 · 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
12,215 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 12,215 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-215340997312,215 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 (152)

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

152 months

May 2026612,802106.413.05$15,025
Apr 2026712,70998.932.87$14,798
Mar 2026742,75989.753.15$15,331
Feb 2026772,69063.503.75$14,978
Jan 2026862,54059.138.00$25,400
Dec 2025824,47256.664.41$24,383
Nov 2025874,50658.593.93$22,790
Oct 2025774,63459.383.30$19,887
Sep 2025874,37562.743.08$18,920
Aug 2025805,05163.933.01$20,342
Jul 2025965,17766.743.32$23,570
Jun 2025865,01666.483.13$21,411
May 2025875,12360.553.23$21,827
Apr 2025815,15462.363.54$23,312
Mar 2025965,17067.704.27$28,566
Feb 2025814,95770.884.34$27,259
Jan 20251165,94274.324.28$34,045
Dec 20241126,05868.993.12$26,636
Nov 20241055,79469.052.20$19,988
Oct 2024985,82771.372.28$20,288
Sep 2024876,39269.612.36$21,169
Aug 2024846,11375.632.06$18,968
Jul 2024856,21179.932.15$20,127
Jun 20241016,25478.082.63$24,359
May 2024825,70878.812.20$19,011
Apr 2024936,24984.451.66$18,222
Mar 2024866,70080.301.55$17,258
Feb 2024786,22976.091.78$17,045
Jan 2024916,84473.023.30$29,214
Dec 2023916,98571.262.61$24,721
Nov 2023946,49477.892.81$25,554
Oct 2023997,14485.443.09$30,514
Sep 2023887,48189.042.74$28,296
Aug 20231017,41680.522.67$27,955
Jul 20231267,30674.852.64$28,732
Jun 20231197,16768.962.26$24,393
May 2023547,24970.622.23$19,960
Apr 2023547,05578.122.24$20,006
Mar 2023587,34372.852.39$21,798
Feb 2023506,73475.112.47$20,359
Jan 2023607,47576.533.39$29,915
Dec 2022527,69376.415.73$48,047
Nov 2022507,79085.005.65$48,234
Oct 2022527,88187.185.86$50,746
Sep 2022477,71884.888.16$66,997
Aug 2022518,28594.529.13$80,439
Jul 2022438,811101.587.54$70,821
Jun 2022418,512115.097.98$72,621
May 2022538,275109.378.43$75,580
Apr 2022518,162104.226.84$61,124
Mar 2022599,248108.885.08$53,370
Feb 2022568,81591.054.86$47,929
Jan 2022599,76281.844.54$49,125
Dec 2021638,28271.323.90$36,786
Nov 2021658,28277.435.24$48,405
Oct 2021679,19679.795.71$57,891
Sep 2021548,07869.865.35$46,997
Aug 20215510,44666.024.22$47,719
Jul 20213810,65070.783.98$45,099
Jun 2021269,71969.493.38$34,663
May 20212910,65263.483.02$33,985
Apr 20212810,37160.362.76$30,298
Mar 20212911,23961.302.72$32,313
Feb 20212610,32357.805.55$58,774
Jan 2021305,92150.412.81$18,152
Dec 2020325,40244.642.68$15,881
Nov 2020325,64938.772.71$16,530
Oct 2020316,63436.972.48$17,588
Sep 2020306,94237.091.99$14,935
Aug 2020358,06239.982.39$20,628
Jul 2020558,71838.371.83$18,022
Jun 202014310,02334.901.69$21,933
May 20201769,62616.921.81$20,447
Apr 202014211,93114.751.80$23,623
Mar 202019217,47130.341.86$38,255
Feb 202022229,74849.881.98$69,994
Jan 202010011,67257.252.09$30,175
Dec 2019918,45159.012.30$24,844
Nov 2019926,42955.302.75$22,772
Oct 2019969,09053.472.42$27,118
Sep 20191019,75755.052.66$31,487
Aug 201910610,18853.112.30$29,106
Jul 20198610,45856.272.46$30,567
Jun 20193310,09852.782.49$26,898
May 2019129,57358.482.74$26,935
Apr 20191410,70362.632.75$30,318
Mar 20191412,52556.803.06$39,148
Feb 20191110,57550.852.79$30,087
Jan 20191111,60746.033.23$37,976
Dec 2018511,97046.594.19$50,333
Nov 2018012,68452.934.24$53,745
Oct 2018013,57961.443.40$46,143
Sep 2018113,52759.543.11$42,101
Aug 20182613,82259.403.07$43,930
Jul 20184112,70865.142.93$39,929
Jun 20184414,30460.183.08$46,660
May 20185412,55765.382.90$39,956
Apr 20185012,85163.842.90$40,470
Mar 20185914,62961.222.79$44,381
Feb 20185414,99861.782.77$44,822
Jan 20185817,05462.874.01$72,021
Dec 20176516,80457.272.92$52,816
Nov 20176120,33755.423.12$66,799
Oct 20176614,82649.292.98$47,489
Sep 20176711,45947.523.09$38,561
Aug 2017578,10345.373.00$26,931
Jul 20176111,04043.873.09$36,760
Jun 201719912,65642.493.09$47,528
May 201721511,80945.373.26$48,292
Apr 201719014,03047.933.21$54,165
Mar 201721515,25846.772.98$55,581
Feb 201719514,14250.452.95$51,593
Jan 201725617,19149.413.42$71,422
Dec 201625016,67748.763.72$74,276
Nov 201624817,00342.492.64$55,499
Oct 201626218,68246.193.09$69,834
Sep 201626720,39741.553.10$74,337
Aug 201630622,68241.442.92$79,011
Jul 201633824,76241.622.92$86,480
Jun 201647629,93645.352.69$101,990
May 201656432,04942.521.99$87,792
Apr 201661632,65336.561.99$87,534
Mar 201671835,82533.011.79$87,972
Feb 201658920,61426.472.06$58,131
Jan 201662124,68827.352.36$75,356
Dec 201565123,80832.362.00$68,716
Nov 201565127,28138.792.17$84,379
Oct 201543628,22943.552.43$87,488
Sep 201540526,33942.992.76$90,065
Aug 201534221,92140.162.87$76,703
Jul 201544627,97248.152.95$103,855
Jun 201541024,81456.152.88$94,557
May 201583532,16955.212.96$141,174
Apr 201548929,13249.822.71$103,210
Mar 201560033,93542.892.93$125,323
Feb 201555131,74744.662.98$119,093
Jan 201576042,15543.433.10$163,714
Dec 201483149,15554.693.59$221,981
Nov 201484952,05370.464.25$281,142
Oct 201493260,23878.303.90$307,962
Sep 20141,05664,22986.164.05$350,820
Aug 20141,21072,31989.394.04$399,978
Jul 20141,43180,95396.564.18$476,529
Jun 20141,54785,92298.164.74$558,856
May 20141,964102,81194.734.73$671,992
Apr 20142,199112,39995.944.81$751,512
Mar 20142,739127,88695.895.06$909,337
Feb 20142,793128,54897.406.19$1,068,007
Jan 20143,251144,84390.404.86$997,932
Dec 20133,102144,18591.824.35$912,676
Nov 20132,945155,77288.853.74$843,983
Oct 201325813,95397.423.78$77,868

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            61 bbl  × $106.41 =     $6,491
Gas                2,802 Mcf  × $  3.05 =     $8,534

────────────────────────────────────────────────────
Month total                                  $15,025

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/270878 is the state's own key, not one this site invented.