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 271416District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.0 M
Dec 2013 – May 2026
Value, last 12 filed months
$301 k
at the published price for each month
Months reported
150
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 Gas112014-11-19214456
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
CondensateDisposition47,377 bbl$2,980,260
GasProduction2,852,924 Mcf$10,065,156
Total$13,045,415

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 26.4830, -98.4299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48305, -98.42990 · 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
12,196 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 12,196 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-215340987212,196 ftJan 2020

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 (150)

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

150 months

May 2026265,825106.413.05$20,509
Apr 2026315,77098.932.87$19,625
Mar 2026326,01789.753.15$21,822
Feb 2026345,49263.503.75$22,756
Jan 2026386,09659.138.00$51,002
Dec 2025366,12056.664.41$29,050
Nov 2025386,15758.593.93$26,402
Oct 2025335,81359.383.30$21,171
Sep 2025385,81662.743.08$20,279
Aug 2025356,34263.933.01$21,357
Jul 2025416,50866.743.32$24,312
Jun 2025376,32166.483.13$22,236
May 2025386,44360.553.23$23,127
Apr 2025356,62962.363.54$25,670
Mar 2025426,51667.704.27$30,656
Feb 2025356,25970.884.34$29,650
Jan 2025507,13274.324.28$34,232
Dec 2024487,03868.993.12$25,280
Nov 2024457,10869.052.20$18,734
Oct 2024427,03971.372.28$19,056
Sep 2024387,69369.612.36$20,834
Aug 2024377,50375.632.06$18,282
Jul 2024377,44779.932.15$18,943
Jun 2024447,63878.082.63$23,554
May 2024367,53278.812.20$19,396
Apr 2024407,63084.451.66$16,038
Mar 2024378,12880.301.55$15,530
Feb 2024347,78176.091.78$16,466
Jan 2024398,91973.023.30$32,260
Dec 2023409,03771.262.61$26,443
Nov 2023419,81577.892.81$30,750
Oct 2023415,90485.443.09$21,730
Sep 2023385,37389.042.74$18,079
Aug 2023446,28180.522.67$20,331
Jul 2023546,95474.852.64$22,413
Jun 2023468,13768.962.26$21,549
May 202308,58970.622.23$19,131
Apr 202308,03778.122.24$17,985
Mar 202308,50672.852.39$20,356
Feb 202307,78775.112.47$19,200
Jan 202308,49076.533.39$28,762
Dec 202208,42976.415.73$48,290
Nov 202207,94585.005.65$44,859
Oct 202208,53487.185.86$50,041
Sep 202208,93884.888.16$72,967
Aug 202209,81794.529.13$89,601
Jul 2022210,401101.587.54$78,648
Jun 2022239,654115.097.98$79,659
May 2022879,625109.378.43$90,683
Apr 2022849,577104.226.84$74,238
Mar 20229710,777108.885.08$65,270
Feb 2022939,31091.054.86$53,703
Jan 20229710,97581.844.54$57,740
Dec 20211039,28971.323.90$43,565
Nov 20211069,37077.435.24$57,277
Oct 202111110,54579.795.71$69,109
Sep 2021889,27969.865.35$55,799
Aug 20219812,08466.024.22$57,472
Jul 202115712,18670.783.98$59,638
Jun 202118811,33669.493.38$51,387
May 202121112,32763.483.02$50,593
Apr 202120011,65060.362.76$44,208
Mar 202121212,56861.302.72$47,142
Feb 202118611,25657.805.55$73,199
Jan 202121713,98050.412.81$50,227
Dec 202022714,24144.642.68$48,235
Nov 202022813,74338.772.71$46,036
Oct 202022614,52936.972.48$44,364
Sep 202021814,11337.091.99$36,185
Aug 202024115,12339.982.39$45,705
Jul 202018714,60038.371.83$33,822
Jun 20204213,31534.901.69$23,972
May 20205312,67116.921.81$23,891
Apr 20204213,07814.751.80$24,217
Mar 20205714,02130.341.86$27,756
Feb 20206515,98749.881.98$34,907
Jan 20206011,75557.252.09$28,059
Dec 201915413,97459.012.30$41,289
Nov 201915612,63755.302.75$43,387
Oct 201916315,61453.472.42$46,479
Sep 201917017,00255.052.66$54,538
Aug 201918019,09553.112.30$53,562
Jul 201914622,08356.272.46$62,541
Jun 201910627,20852.782.49$73,375
May 201911330,46058.482.74$90,078
Apr 201913211,51262.632.75$39,933
Mar 20191386,84356.803.06$28,792
Feb 20191095,66650.852.79$21,363
Jan 20191096,06346.033.23$24,590
Dec 20181336,11346.594.19$31,782
Nov 20181456,11352.934.24$33,577
Oct 20181486,42561.443.40$30,926
Sep 20181296,31259.543.11$27,298
Aug 20181266,60359.403.07$27,733
Jul 20181396,50265.142.93$28,118
Jun 20181486,54460.183.08$29,042
May 20181765,50865.382.90$27,484
Apr 20181686,86663.842.90$30,642
Mar 20181998,18061.222.79$34,979
Feb 20181828,08961.782.77$33,619
Jan 20181563,19462.874.01$22,613
Dec 201721768257.272.92$14,420
Nov 20171931,24055.423.12$14,563
Oct 20171612,27049.292.98$14,709
Sep 201721512,73147.523.09$49,521
Aug 201719711,63745.373.00$43,900
Jul 201720717,65743.873.09$63,593
Jun 201736219,24442.493.09$74,793
May 201760419,75445.373.26$91,869
Apr 201755323,37847.933.21$101,586
Mar 201770828,70346.772.98$118,754
Feb 201774331,03350.452.95$129,112
Jan 201793235,91849.413.42$168,847
Dec 201687733,85648.763.72$168,803
Nov 201656722,39142.492.64$83,301
Oct 201657223,42846.193.09$98,819
Sep 201656624,85341.553.10$100,577
Aug 201658522,46441.442.92$89,935
Jul 201657517,88541.622.92$76,233
Jun 201662817,57045.352.69$75,670
May 201676719,36542.521.99$71,169
Apr 201691121,45236.561.99$76,018
Mar 20161,10224,53233.011.79$80,388
Feb 201676828,00226.472.06$78,115
Jan 201667838,17427.352.36$108,800
Dec 201547030,17632.362.00$75,604
Nov 201525431,77838.792.17$78,726
Oct 201555135,57543.552.43$110,322
Sep 201561139,51842.992.76$135,274
Aug 201570745,37840.162.87$158,741
Jul 201580250,06248.152.95$186,053
Jun 201589854,79856.152.88$208,398
May 20151,45556,16055.212.96$246,309
Apr 201567440,39149.822.71$142,900
Mar 201550228,26642.892.93$104,483
Feb 201566738,52044.662.98$144,431
Jan 201584146,63543.433.10$181,123
Dec 201489753,00654.693.59$239,421
Nov 201496158,91570.464.25$318,209
Oct 20141,04267,35478.303.90$344,334
Sep 20141,16370,77386.164.05$386,512
Aug 20141,32178,99789.394.04$436,847
Jul 20141,54487,32896.564.18$514,085
Jun 20141,65892,34798.164.74$600,186
May 20141,75091,73294.734.73$599,354
Apr 20141,67885,82295.944.81$573,716
Mar 20142,03295,21595.895.06$676,332
Feb 20141,47868,36997.406.19$567,298
Jan 201475834,22490.404.86$234,876
Dec 2013442,11091.824.35$13,228

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            26 bbl  × $106.41 =     $2,767
Gas                5,825 Mcf  × $  3.05 =    $17,742

────────────────────────────────────────────────────
Month total                                  $20,509

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/271416 is the state's own key, not one this site invented.