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 272978District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
May 2014 – May 2026
Value, last 12 filed months
$469 k
at the published price for each month
Months reported
145
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 Gas112015-03-11215237
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
CondensateDisposition29,602 bbl$1,845,637
GasProduction2,891,926 Mcf$9,032,220
Total$10,877,857

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 26.4525, -98.4445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.45252, -98.44449 · 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
13,372 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 13,372 ft.

Completions filed
Oct 2021
1 of 1 wells

1 well

42-215341217813,372 ftOct 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 (145)

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

145 months

May 2026010,470106.413.05$31,890
Apr 202609,99098.932.87$28,669
Mar 2026010,75689.753.15$33,875
Feb 2026010,09863.503.75$37,871
Jan 2026011,44059.138.00$91,496
Dec 2025011,41556.664.41$50,379
Nov 2025011,79758.593.93$46,320
Oct 2025010,91359.383.30$36,066
Sep 2025010,79662.743.08$33,218
Aug 2025012,09363.933.01$36,457
Jul 202507,22466.743.32$23,949
Jun 202506,17066.483.13$19,304
May 202506,26260.553.23$20,241
Apr 202508,71662.363.54$30,882
Mar 202507,71367.704.27$32,922
Feb 202505,03870.884.34$21,869
Jan 202503374.324.28$141
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202404,96778.812.20$10,920
Apr 2024013,63384.451.66$22,620
Mar 2024015,97480.301.55$24,682
Feb 2024014,82076.091.78$26,434
Jan 2024017,87873.023.30$58,956
Dec 2023018,45471.262.61$48,178
Nov 2023018,73877.892.81$52,608
Oct 2023419,94385.443.09$61,911
Sep 20231618,60289.042.74$52,302
Aug 20231820,41380.522.67$56,011
Jul 20232321,14874.852.64$57,590
Jun 20232621,71468.962.26$50,834
May 20233015,80670.622.23$37,325
Apr 20232042478.122.24$2,511
Mar 20230172.852.39$2
Feb 2023110775.112.47$339
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20213079.795.71$239
Sep 202113169.865.35$914
Aug 2021251666.024.22$1,718
Jul 2021234,22470.783.98$18,448
Jun 20211914,65169.493.38$50,850
May 20212114,32963.483.02$44,573
Apr 20212014,41860.362.76$40,978
Mar 20212213,88061.302.72$39,060
Feb 2021199,31457.805.55$52,772
Jan 20212216,50050.412.81$47,478
Dec 20202319,49244.642.68$53,177
Nov 20202317,38538.772.71$47,945
Oct 20202320,87736.972.48$52,592
Sep 20202221,81737.091.99$44,255
Aug 20202524,29339.982.39$58,941
Jul 20202922,86138.371.83$42,837
Jun 202011725,21534.901.69$46,704
May 202014917,79816.921.81$34,820
Apr 20201175,51314.751.80$11,673
Mar 20201719,67130.341.86$23,140
Feb 202025213,97349.881.98$40,246
Jan 202047125,14157.252.09$79,629
Dec 201939319,38559.012.30$67,861
Nov 201939624,22855.302.75$88,543
Oct 201941334,10153.472.42$104,558
Sep 201943232,59755.052.66$110,401
Aug 201945538,72753.112.30$113,406
Jul 201930051,43556.272.46$143,414
Jun 20192144,93752.782.49$113,055
May 20192367,56658.482.74$186,498
Apr 201927112,89562.632.75$312,231
Mar 201928188,71256.803.06$579,445
Feb 20192326,89650.852.79$76,269
Jan 2019418,93746.033.23$30,737
Dec 2018689,12546.594.19$41,360
Nov 2018729,68752.934.24$44,857
Oct 20187311,20561.443.40$42,561
Sep 2018659,77559.543.11$34,251
Aug 201810212,31459.403.07$43,820
Jul 201811610,98565.142.93$39,763
Jun 201812411,03160.183.08$41,404
May 201815211,74865.382.90$44,016
Apr 201814011,27563.842.90$41,644
Mar 201816712,44161.222.79$44,895
Feb 201815311,80761.782.77$42,112
Jan 201816313,39262.874.01$63,941
Dec 201718214,67557.272.92$53,296
Nov 201717116,54455.423.12$61,067
Oct 201719111,94849.292.98$45,063
Sep 201718911,62847.523.09$44,880
Aug 201717210,60345.373.00$39,659
Jul 201717213,07343.873.09$47,906
Jun 201718913,73342.493.09$50,428
May 201718015,65745.373.26$59,262
Apr 201716011,52047.933.21$44,666
Mar 201717612,04746.772.98$44,176
Feb 201717011,10650.452.95$41,368
Jan 201720713,19749.413.42$55,346
Dec 201620212,88748.763.72$57,826
Nov 201619512,92842.492.64$42,472
Oct 201619514,11646.193.09$52,629
Sep 201619313,66941.553.10$50,402
Aug 201620114,06041.442.92$49,446
Jul 201620716,03241.622.92$55,498
Jun 201622417,10045.352.69$56,086
May 201629419,94342.521.99$52,208
Apr 201632822,27536.561.99$56,342
Mar 201640526,18333.011.79$60,342
Feb 201652124,69026.472.06$64,742
Jan 201644623,75327.352.36$68,359
Dec 201545922,47432.362.00$59,833
Nov 201545323,02138.792.17$67,466
Oct 201539425,47143.552.43$78,966
Sep 201541526,86442.992.76$91,943
Aug 201546029,53940.162.87$103,324
Jul 201550031,23748.152.95$116,070
Jun 201552331,78856.152.88$121,007
May 201593135,85855.212.96$157,377
Apr 201557834,41249.822.71$121,934
Mar 201569139,07342.892.93$144,305
Feb 201567538,96844.662.98$146,122
Jan 201584346,75943.433.10$181,594
Dec 201492754,76154.693.59$247,364
Nov 20141,04764,19370.464.25$346,710
Oct 20141,12572,74878.303.90$371,875
Sep 20141,24275,51786.164.05$412,510
Aug 20141,45186,76389.394.04$479,804
Jul 20141,65193,17196.564.18$548,838
Jun 20142,014112,27898.164.74$729,542
May 20141,959103,54894.734.73$675,002

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             0 bbl  × $106.41 =         $0
Gas               10,470 Mcf  × $  3.05 =    $31,890

────────────────────────────────────────────────────
Month total                                  $31,890

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/272978 is the state's own key, not one this site invented.