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 272974District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.8 M
Mar 2014 – May 2026
Value, last 12 filed months
$295 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 Gas112015-03-11215236
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
CondensateDisposition58,379 bbl$3,626,342
GasProduction3,642,672 Mcf$12,220,801
Total$15,847,143

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 26.4459, -98.4604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44586, -98.46038 · 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
12,194 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 12,194 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-215341167712,194 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 2026764,004106.413.05$20,283
Apr 2026883,87098.932.87$19,812
Mar 2026934,29389.753.15$21,867
Feb 2026984,08963.503.75$21,558
Jan 20261094,46159.138.00$42,124
Dec 20251024,34556.664.41$24,955
Nov 20251084,29558.593.93$23,192
Oct 2025954,24659.383.30$19,673
Sep 20251074,44962.743.08$20,402
Aug 2025995,41463.933.01$22,651
Jul 20251186,70166.743.32$30,090
Jun 20251066,93566.483.13$28,745
May 20251087,98360.553.23$32,343
Apr 20251006,04562.363.54$27,654
Mar 20251195,94267.704.27$33,419
Feb 20251015,29070.884.34$30,122
Jan 20251435,98874.324.28$36,249
Dec 20241385,88468.993.12$27,887
Nov 20241305,53869.052.20$21,151
Oct 20241215,47171.372.28$21,117
Sep 20241085,72169.612.36$21,044
Aug 20241056,03775.632.06$20,399
Jul 20241055,29579.932.15$19,759
Jun 20241255,64778.082.63$24,634
May 20241024,27578.812.20$17,437
Apr 20241155,07384.451.66$18,129
Mar 20241076,01180.301.55$17,880
Feb 2024965,12776.091.78$16,449
Jan 20241136,31773.023.30$29,083
Dec 20231137,31371.262.61$27,145
Nov 20231176,37077.892.81$26,997
Oct 20231226,32585.443.09$29,951
Sep 20231096,95489.042.74$28,725
Aug 20231256,93780.522.67$28,607
Jul 20231539,06674.852.64$35,403
Jun 20231238,86068.962.26$28,492
May 202306,26970.622.23$13,964
Apr 202305,82978.122.24$13,044
Mar 202305,61272.852.39$13,430
Feb 202305,43175.112.47$13,391
Jan 202307,21376.533.39$24,436
Dec 202205,94176.415.73$34,036
Nov 202206,46285.005.65$36,486
Oct 202207,72987.185.86$45,321
Sep 202208,39684.888.16$68,542
Aug 202208,60494.529.13$78,530
Jul 202248,743101.587.54$66,347
Jun 2022267,727115.097.98$64,632
May 2022599,212109.378.43$84,138
Apr 2022579,615104.226.84$71,684
Mar 2022656,981108.885.08$42,516
Feb 2022636,47191.054.86$37,178
Jan 2022667,57281.844.54$39,761
Dec 2021706,58171.323.90$30,653
Nov 2021727,28477.435.24$43,720
Oct 2021758,55179.795.71$54,844
Sep 2021607,62969.865.35$45,014
Aug 2021629,62566.024.22$44,716
Jul 2021539,50970.783.98$41,617
Jun 2021318,60069.493.38$31,228
May 2021339,80563.483.02$31,683
Apr 2021319,34960.362.76$27,660
Mar 20213310,42461.302.72$30,344
Feb 2021299,62257.805.55$55,059
Jan 20213411,71850.412.81$34,645
Dec 20203511,51644.642.68$32,373
Nov 20203610,84538.772.71$30,748
Oct 20203511,76936.972.48$30,463
Sep 20203411,02537.091.99$23,212
Aug 20203911,39139.982.39$28,728
Jul 2020709,74038.371.83$20,463
Jun 202014211,17734.901.69$23,848
May 202017412,72216.921.81$26,031
Apr 202014112,50514.751.80$24,644
Mar 202019111,71130.341.86$27,533
Feb 202022410,58249.881.98$32,133
Jan 202019811,59057.252.09$35,614
Dec 201922514,80659.012.30$47,396
Nov 201922713,55255.302.75$49,831
Oct 201923717,54853.472.42$55,113
Sep 201924818,64055.052.66$63,184
Aug 201926121,26153.112.30$62,855
Jul 201921122,33256.272.46$66,811
Jun 201910720,73352.782.49$57,298
May 201911519,20558.482.74$59,353
Apr 201913516,67462.632.75$54,320
Mar 201914117,59256.803.06$61,877
Feb 201911014,60150.852.79$46,363
Jan 20195316,27746.033.23$54,985
Dec 2018016,71346.594.19$69,951
Nov 2018017,03452.934.24$72,177
Oct 2018018,06961.443.40$61,400
Sep 2018817,74559.543.11$55,628
Aug 201838718,92259.403.07$81,013
Jul 201854418,79665.142.93$90,544
Jun 201858018,99860.183.08$93,360
May 201871220,46365.382.90$105,910
Apr 201865519,62563.842.90$98,743
Mar 201878223,04561.222.79$112,097
Feb 201871822,73761.782.77$107,251
Jan 201876125,29462.874.01$149,256
Dec 201785219,94057.272.92$107,049
Nov 201780121,06655.423.12$110,083
Oct 201789725,05049.292.98$118,954
Sep 201790522,93447.523.09$113,809
Aug 201780820,04645.373.00$96,885
Jul 201779825,13443.873.09$112,604
Jun 201741627,03742.493.09$101,147
May 201729530,12745.373.26$111,701
Apr 201726325,49747.933.21$94,492
Mar 201728926,56246.772.98$92,769
Feb 201728024,66050.452.95$86,937
Jan 201731827,25149.413.42$108,878
Dec 201634629,67348.763.72$127,338
Nov 201635331,64342.492.64$98,674
Oct 201635234,35046.193.09$122,409
Sep 201634933,22041.553.10$117,504
Aug 201639637,37641.442.92$125,710
Jul 201640641,48841.622.92$138,223
Jun 201643142,33745.352.69$133,256
May 201654947,80242.521.99$118,519
Apr 201663755,42136.561.99$133,634
Mar 201683367,41633.011.79$148,442
Feb 201690148,80326.472.06$124,561
Jan 201666040,14327.352.36$112,964
Dec 201560533,80132.362.00$87,227
Nov 201560030,75338.792.17$89,926
Oct 201557136,83843.552.43$114,257
Sep 201564241,51142.992.76$142,104
Aug 201576649,13240.162.87$171,894
Jul 201590056,15648.152.95$208,719
Jun 20151,01661,61956.152.88$234,687
May 20151,98476,45655.212.96$335,499
Apr 20151,14167,76149.822.71$240,245
Mar 20151,61991,51942.892.93$338,021
Feb 20151,62493,98444.662.98$352,242
Jan 20151,67793,02743.433.10$361,274
Dec 20141,811106,99354.693.59$483,294
Nov 20141,963120,59370.464.25$651,055
Oct 20141,855119,91678.303.90$613,034
Sep 20142,094127,37586.164.05$695,707
Aug 20142,456147,11289.394.04$813,156
Jul 20142,424137,97296.564.18$810,729
Jun 20141,45580,70698.164.74$525,117
May 20142,052107,37194.734.73$701,881
Apr 20142,363122,77195.944.81$817,127
Mar 20141708,02095.895.06$56,857

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            76 bbl  × $106.41 =     $8,087
Gas                4,004 Mcf  × $  3.05 =    $12,196

────────────────────────────────────────────────────
Month total                                  $20,283

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/272974 is the state's own key, not one this site invented.