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 272973District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.9 M
Mar 2014 – May 2026
Value, last 12 filed months
$172 k
at the published price for each month
Months reported
147
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 Gas112015-03-11215232
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
CondensateDisposition28,681 bbl$1,767,162
GasProduction2,103,513 Mcf$7,161,203
Total$8,928,365

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 26.4801, -98.4282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48012, -98.42824 · 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
12,547 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 12,547 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-215341147512,547 ftMar 2014

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 (147)

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

147 months

May 2026103,634106.413.05$12,133
Apr 2026123,77798.932.87$12,026
Mar 2026113,25689.753.15$11,242
Feb 2026133,62663.503.75$14,424
Jan 2026143,04259.138.00$25,157
Dec 2025122,59256.664.41$12,119
Nov 2025173,23958.593.93$13,714
Oct 2025143,48959.383.30$12,362
Sep 2025162,41362.743.08$8,428
Aug 2025164,15663.933.01$13,552
Jul 2025195,11166.743.32$18,212
Jun 2025135,58766.483.13$18,344
May 202592,22260.553.23$7,727
Apr 202592,42262.363.54$9,143
Mar 202592,07767.704.27$9,475
Feb 202581,93770.884.34$8,975
Jan 2025143,03874.324.28$14,039
Dec 2024134,03068.993.12$13,476
Nov 2024112,99169.052.20$7,335
Oct 2024102,93571.372.28$7,410
Sep 2024113,53869.612.36$9,131
Aug 202492,95675.632.06$6,781
Jul 202472,29879.932.15$5,492
Jun 20241299878.082.63$3,566
May 2024101,92078.812.20$5,009
Apr 202491,83284.451.66$3,800
Mar 202472,64180.301.55$4,643
Feb 202472,70076.091.78$5,348
Jan 202471,36973.023.30$5,026
Dec 2023101,38371.262.61$4,323
Nov 2023102,62577.892.81$8,149
Oct 202391,86585.443.09$6,527
Sep 2023451789.042.74$1,770
Aug 2023194,73780.522.67$14,191
Jul 2023235,47674.852.64$16,188
Jun 2023205,13868.962.26$12,983
May 202304,04770.622.23$9,014
Apr 202305,56378.122.24$12,449
Mar 202304,80572.852.39$11,499
Feb 202304,43875.112.47$10,943
Jan 202305,31976.533.39$18,019
Dec 202204,83976.415.73$27,723
Nov 202204,12785.005.65$23,302
Oct 202205,54287.185.86$32,497
Sep 202205,39684.888.16$44,051
Aug 202206,19794.529.13$56,561
Jul 202215,819101.587.54$43,989
Jun 2022145,422115.097.98$44,864
May 2022475,536109.378.43$51,826
Apr 2022465,347104.226.84$41,355
Mar 2022536,175108.885.08$37,117
Feb 2022516,03991.054.86$33,986
Jan 2022536,87081.844.54$35,511
Dec 2021565,36171.323.90$24,897
Nov 2021585,52077.435.24$33,398
Oct 2021595,31079.795.71$35,048
Sep 2021485,22469.865.35$31,306
Aug 2021546,82466.024.22$32,366
Jul 2021906,54670.783.98$32,437
Jun 2021955,32469.493.38$24,600
May 20211076,54163.483.02$26,531
Apr 20211024,99560.362.76$19,935
Mar 20211076,14261.302.72$23,247
Feb 2021945,56857.805.55$36,324
Jan 20211108,48950.412.81$29,401
Dec 20201159,03244.642.68$29,298
Nov 20201167,95538.772.71$26,028
Oct 20201144,48336.972.48$15,325
Sep 20201104,03737.091.99$12,118
Aug 20201234,37239.982.39$15,345
Jul 20201173,88838.371.83$11,585
Jun 20201283,94734.901.69$11,139
May 20201875,40916.921.81$12,980
Apr 20201505,83114.751.80$12,734
Mar 20202056,61730.341.86$18,502
Feb 20202376,52149.881.98$24,738
Jan 20201287,58257.252.09$23,210
Dec 2019756,90259.012.30$20,330
Nov 2019756,50255.302.75$22,033
Oct 2019798,80653.472.42$25,522
Sep 2019829,57255.052.66$29,950
Aug 2019879,80353.112.30$27,210
Jul 20197010,32356.272.46$29,334
Jun 2019299,74052.782.49$25,795
May 20192910,13558.482.74$29,469
Apr 20193410,69162.632.75$31,537
Mar 20193512,15856.803.06$39,217
Feb 20192810,09750.852.79$29,617
Jan 20192811,09546.033.23$37,106
Dec 20183710,88746.594.19$47,291
Nov 20184811,74552.934.24$52,307
Oct 20184912,19261.443.40$44,440
Sep 20184311,77359.543.11$39,151
Aug 20186412,59859.403.07$42,434
Jul 20187912,89265.142.93$42,944
Jun 20188412,75860.183.08$44,310
May 201810414,12265.382.90$47,765
Apr 20189613,57963.842.90$45,519
Mar 201811414,76661.222.79$48,130
Feb 201810215,15361.782.77$48,217
Jan 20182013,07662.874.01$53,683
Dec 20171711,47457.272.92$34,495
Nov 20171610,99555.423.12$35,173
Oct 20171712,44249.292.98$37,961
Sep 20171814,05347.523.09$44,241
Aug 20171612,19645.373.00$37,368
Jul 20171913,31343.873.09$41,934
Jun 201714813,48842.493.09$47,930
May 201717014,07345.373.26$53,639
Apr 201716214,69247.933.21$54,949
Mar 201718215,77646.772.98$55,583
Feb 201717715,84250.452.95$55,705
Jan 201720616,90249.413.42$67,963
Dec 201621817,83148.763.72$77,011
Nov 201621518,11242.492.64$57,030
Oct 201621819,09046.193.09$69,062
Sep 201621920,48741.553.10$72,622
Aug 201624222,08941.442.92$74,624
Jul 201624223,30441.622.92$78,221
Jun 201625923,07645.352.69$73,724
May 201631925,66542.521.99$64,664
Apr 201634125,56636.561.99$63,370
Mar 201645029,81933.011.79$68,350
Feb 201658124,97026.472.06$66,908
Jan 201670934,53427.352.36$101,042
Dec 201570831,67232.362.00$86,300
Nov 201570631,94338.792.17$96,617
Oct 201536023,26143.552.43$72,123
Sep 201539425,48642.992.76$87,239
Aug 201545929,51040.162.87$103,201
Jul 201550431,50348.152.95$117,046
Jun 201552531,93756.152.88$121,549
May 201596837,27955.212.96$163,620
Apr 201563737,94249.822.71$134,428
Mar 201577843,98442.892.93$162,449
Feb 201578345,23644.662.98$169,600
Jan 201592251,12743.433.10$198,568
Dec 201496657,15154.693.59$258,080
Nov 201492456,71470.464.25$306,244
Oct 201496762,52078.303.90$319,604
Sep 20141,07265,19086.164.05$356,086
Aug 20141,24574,58389.394.04$412,242
Jul 20141,24770,58096.564.18$415,406
Jun 20141,26070,15698.164.74$456,002
May 20141,33970,17594.734.73$458,530
Apr 20141,28266,26395.944.81$441,662
Mar 201458427,58195.895.06$195,471

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            10 bbl  × $106.41 =     $1,064
Gas                3,634 Mcf  × $  3.05 =    $11,069

────────────────────────────────────────────────────
Month total                                  $12,133

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/272973 is the state's own key, not one this site invented.