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 272976District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Mar 2014 – May 2026
Value, last 12 filed months
$352 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 Gas112015-03-11215231
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
CondensateDisposition28,533 bbl$1,829,675
GasProduction1,800,798 Mcf$6,093,834
Total$7,923,509

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 26.4794, -98.4411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47939, -98.44108 · 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
12,100 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 12,100 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-215341157612,100 ftApr 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 2026775,749106.413.05$25,704
Apr 2026905,66798.932.87$25,166
Mar 2026945,88489.753.15$26,968
Feb 2026995,29263.503.75$26,133
Jan 20261116,09159.138.00$55,279
Dec 20251046,01456.664.41$32,435
Nov 20251105,96258.593.93$29,854
Oct 2025975,66759.383.30$24,488
Sep 20251095,71462.743.08$24,420
Aug 20251016,16063.933.01$25,028
Jul 20251216,38266.743.32$29,233
Jun 20251096,29266.483.13$26,932
May 20251106,26360.553.23$26,905
Apr 20251026,38262.363.54$28,973
Mar 20251226,33867.704.27$35,312
Feb 20251026,03970.884.34$33,444
Jan 20251446,86974.324.28$40,092
Dec 20241417,03368.993.12$31,680
Nov 20241326,76769.052.20$23,991
Oct 20241246,71971.372.28$24,179
Sep 20241107,27569.612.36$24,858
Aug 20241077,15675.632.06$22,860
Jul 20241077,11679.932.15$23,828
Jun 20241277,10378.082.63$28,625
May 20241046,69778.812.20$22,919
Apr 20241167,02084.451.66$21,444
Mar 20241027,28280.301.55$19,442
Feb 2024986,82076.091.78$19,621
Jan 20241147,74073.023.30$33,848
Dec 20231087,58271.262.61$27,491
Nov 20231127,32577.892.81$29,289
Oct 20231197,99785.443.09$34,856
Sep 2023843,82989.042.74$17,952
Aug 20231255,40080.522.67$24,499
Jul 20231597,51974.852.64$31,765
Jun 20231597,16268.962.26$27,140
May 20231177,11070.622.23$24,099
Apr 20231187,14078.122.24$25,196
Mar 20231257,29172.852.39$26,555
Feb 20231086,66775.112.47$24,551
Jan 20231317,40276.533.39$35,101
Dec 20221127,70676.415.73$52,706
Nov 20221097,54885.005.65$51,883
Oct 20221127,45787.185.86$53,490
Sep 20221027,17384.888.16$67,216
Aug 20221117,74694.529.13$81,191
Jul 2022927,937101.587.54$69,207
Jun 2022727,535115.097.98$68,395
May 2022577,202109.378.43$66,969
Apr 2022557,115104.226.84$54,382
Mar 2022638,079108.885.08$47,872
Feb 2022617,63591.054.86$42,651
Jan 2022638,65281.844.54$44,416
Dec 2021686,93071.323.90$31,871
Nov 2021697,00877.435.24$42,043
Oct 2021727,70179.795.71$49,747
Sep 2021587,10469.865.35$42,065
Aug 2021607,74466.024.22$36,645
Jul 2021488,78670.783.98$38,384
Jun 2021357,81569.493.38$28,852
May 2021408,37063.483.02$27,797
Apr 2021387,71260.362.76$23,567
Mar 2021408,14261.302.72$24,573
Feb 2021357,52757.805.55$43,782
Jan 2021419,70950.412.81$29,352
Dec 2020439,43644.642.68$27,165
Nov 2020438,86438.772.71$25,658
Oct 2020429,19536.972.48$24,342
Sep 2020419,20437.091.99$19,846
Aug 20204610,54339.982.39$26,985
Jul 2020459,04138.371.83$18,228
Jun 2020549,49134.901.69$17,927
May 20206610,77816.921.81$20,676
Apr 20205410,79014.751.80$20,266
Mar 2020729,95830.341.86$20,669
Feb 20208411,00949.881.98$25,995
Jan 2020359,94457.252.09$22,834
Dec 2019369,95959.012.30$25,073
Nov 2019378,95055.302.75$26,665
Oct 2019389,53053.472.42$25,081
Sep 20194010,20155.052.66$29,309
Aug 2019429,96953.112.30$25,203
Jul 2019429,66456.272.46$26,137
Jun 2019369,78652.782.49$26,279
May 20194010,19258.482.74$30,269
Apr 2019479,82462.632.75$29,966
Mar 20194911,85356.803.06$39,078
Feb 2019389,88150.852.79$29,522
Jan 20193310,44846.033.23$35,247
Dec 20183711,70946.594.19$50,731
Nov 20183911,29752.934.24$49,932
Oct 20184512,35461.443.40$44,745
Sep 201824412,41159.543.11$53,101
Aug 20182738,38659.403.07$41,932
Jul 20182388,28565.142.93$39,794
Jun 20182538,38560.183.08$41,026
May 20183118,75565.382.90$45,730
Apr 20182888,25863.842.90$42,341
Mar 20183428,76261.222.79$45,356
Feb 20183148,16961.782.77$41,995
Jan 20183359,07962.874.01$57,462
Dec 20173729,29757.272.92$48,466
Nov 20173509,03455.423.12$47,568
Oct 20173929,97749.292.98$49,090
Sep 201739411,20147.523.09$53,304
Aug 20172879,42545.373.00$41,338
Jul 201735211,06743.873.09$49,609
Jun 201731111,08742.493.09$47,443
May 201728511,59945.373.26$50,783
Apr 201730112,10347.933.21$53,297
Mar 201733412,80346.772.98$53,821
Feb 201732913,03850.452.95$55,094
Jan 201737113,47849.413.42$64,410
Dec 201638213,80748.763.72$70,027
Nov 201636713,69042.492.64$51,795
Oct 201636414,09646.193.09$60,373
Sep 201635814,82341.553.10$60,836
Aug 201638515,59441.442.92$61,557
Jul 201630016,55141.622.92$60,887
Jun 201614916,35745.352.69$50,689
May 201618017,93942.521.99$43,371
Apr 201618417,04936.561.99$40,672
Mar 201620118,04333.011.79$39,004
Feb 20167113,42226.472.06$29,577
Jan 20168117,39027.352.36$43,332
Dec 20159017,05332.362.00$37,042
Nov 201515018,27238.792.17$45,420
Oct 201530519,74143.552.43$61,186
Sep 201531820,57442.992.76$70,423
Aug 201535122,52940.162.87$78,810
Jul 201537223,25248.152.95$86,391
Jun 201539023,72756.152.88$90,300
May 201569326,65655.212.96$117,041
Apr 201547928,57649.822.71$101,207
Mar 201552329,61142.892.93$109,331
Feb 201543625,19244.662.98$94,448
Jan 201549327,36943.433.10$106,272
Dec 201445326,77154.693.59$120,919
Nov 201448029,43470.464.25$158,969
Oct 201451533,27978.303.90$170,145
Sep 201460036,48686.164.05$199,298
Aug 201471942,94289.394.04$237,548
Jul 201490551,09196.564.18$300,927
Jun 20141,08760,35798.164.74$392,604
May 20141,42374,94494.734.73$489,028
Apr 201456729,46295.944.81$196,084
Mar 20140095.895.06$0

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            77 bbl  × $106.41 =     $8,194
Gas                5,749 Mcf  × $  3.05 =    $17,511

────────────────────────────────────────────────────
Month total                                  $25,704

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/272976 is the state's own key, not one this site invented.