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 272980District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
May 2014 – May 2026
Value, last 12 filed months
$81 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 Gas112015-03-11215234
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
CondensateDisposition19,055 bbl$1,219,309
GasProduction882,692 Mcf$3,102,187
Total$4,321,496

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 26.4941, -98.4185. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.49414, -98.41851 · 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
100.0%
1 of 1 wells
Median depth
13,220 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 13,220 ft.

Completions filed
May 2014
1 of 1 wells
Plug dates filed
Nov 1996
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2153234423R13,220 ftMay 2014Nov 1996

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 20262254106.413.05$986
Apr 202629798.932.87$476
Mar 2026213889.753.15$614
Feb 2026621463.503.75$1,184
Jan 20261139359.138.00$3,794
Dec 20251744556.664.41$2,927
Nov 2025201,76558.593.93$8,102
Oct 2025223,07659.383.30$11,472
Sep 2025253,34262.743.08$11,852
Aug 2025234,29563.933.01$14,419
Jul 2025273,85766.743.32$14,589
Jun 2025193,04266.483.13$10,781
May 2025787160.553.23$3,239
Apr 2025515762.363.54$868
Mar 2025525467.704.27$1,423
Feb 2025730670.884.34$1,824
Jan 20251019774.324.28$1,586
Dec 20242685568.993.12$4,463
Nov 2024302,78769.052.20$8,199
Oct 2024282,85371.372.28$8,507
Sep 2024253,18769.612.36$9,275
Aug 2024243,21475.632.06$8,448
Jul 2024242,89279.932.15$8,126
Jun 2024293,11278.082.63$10,461
May 2024231,81178.812.20$5,794
Apr 2024242,05184.451.66$5,430
Mar 2024111,07280.301.55$2,540
Feb 2024618276.091.78$781
Jan 2024717573.023.30$1,088
Dec 2023512571.262.61$683
Nov 20231197277.892.81$3,586
Oct 2023855385.443.09$2,391
Sep 2023169289.042.74$1,676
Aug 2023233580.522.67$1,946
Jul 2023211774.852.64$459
Jun 2023516468.962.26$715
May 20230070.622.23$0
Apr 202305578.122.24$123
Mar 20233172.852.39$221
Feb 2023215075.112.47$1,701
Jan 20237120376.533.39$6,121
Dec 20227419276.415.73$6,754
Nov 20221353,21185.005.65$29,605
Oct 20221393,47187.185.86$32,471
Sep 20221263,43384.888.16$38,721
Aug 20221383,79994.529.13$47,718
Jul 20221154,080101.587.54$42,453
Jun 20221104,091115.097.98$45,295
May 20221604,025109.378.43$51,442
Apr 20221563,861104.226.84$42,658
Mar 20221794,335108.885.08$41,496
Feb 20221724,68191.054.86$38,405
Jan 20221804,51081.844.54$35,196
Dec 20211911,38471.323.90$19,019
Nov 20211801,23777.435.24$20,415
Oct 20217841379.795.71$8,583
Sep 202110213369.865.35$7,837
Aug 202117127866.024.22$12,463
Jul 202115423170.783.98$11,820
Jun 20211301,29569.493.38$13,412
May 20211464,68863.483.02$23,415
Apr 20211394,86660.362.76$21,813
Mar 20211475,32861.302.72$23,487
Feb 20211285,19857.805.55$36,237
Jan 20211506,74450.412.81$26,514
Dec 20201571,67244.642.68$11,482
Nov 202015497238.772.71$8,601
Oct 20207265236.972.48$4,278
Sep 20200037.091.99$0
Aug 2020111139.982.39$466
Jul 20201034,13938.371.83$11,506
Jun 202005,17134.901.69$8,741
May 202005,64116.921.81$10,237
Apr 202005,60714.751.80$10,117
Mar 202006,01930.341.86$11,173
Feb 202006,10349.881.98$12,088
Jan 202006,60857.252.09$13,842
Dec 201904,29559.012.30$9,897
Nov 2019095855.302.75$2,635
Oct 201901,07853.472.42$2,607
Sep 2019054555.052.66$1,448
Aug 2019030253.112.30$696
Jul 2019026556.272.46$652
Jun 201906152.782.49$152
May 2019024958.482.74$682
Apr 2019027662.632.75$759
Mar 2019043256.803.06$1,323
Feb 201903,35650.852.79$9,371
Jan 201906,73446.033.23$21,739
Dec 201807,59846.594.19$31,801
Nov 201809,50652.934.24$40,279
Oct 201802,55861.443.40$8,692
Sep 201871,19259.543.11$4,122
Aug 2018441,02959.403.07$5,769
Jul 2018402,13065.142.93$8,851
Jun 2018412,46260.183.08$10,043
May 2018501,27965.382.90$6,979
Apr 2018481,15563.842.90$6,415
Mar 2018563,16661.222.79$12,251
Feb 2018263061.782.77$1,689
Jan 20181762262.874.01$3,563
Dec 20176252757.272.92$5,090
Nov 20175896655.423.12$6,227
Oct 2017481,25249.292.98$6,101
Sep 20172143047.523.09$2,325
Aug 20174793145.373.00$4,929
Jul 2017411,66443.873.09$6,936
Jun 20171338,79842.493.09$32,813
May 20172249,58745.373.26$41,449
Apr 20172909,16647.933.21$43,337
Mar 201733410,08846.772.98$45,721
Feb 201734811,17750.452.95$50,558
Jan 20171574,62749.413.42$23,576
Dec 20160348.763.72$11
Nov 20161334842.492.64$1,473
Oct 2016471,43846.193.09$6,615
Sep 2016431,38741.553.10$6,087
Aug 2016992,94041.442.92$12,700
Jul 20163819,98541.622.92$45,057
Jun 201643210,13645.352.69$46,815
May 201654911,66142.521.99$46,561
Apr 201659311,75536.561.99$45,085
Mar 201662613,50733.011.79$44,896
Feb 201634311,64526.472.06$33,110
Jan 20161204,59727.352.36$14,151
Dec 2015421,35732.362.00$4,075
Nov 20151816,91938.792.17$22,017
Oct 201519512,59643.552.43$39,057
Sep 201521213,73842.992.76$47,009
Aug 201525216,18740.162.87$56,617
Jul 201524315,13048.152.95$56,260
Jun 201529017,64656.152.88$67,154
May 201553620,63855.212.96$90,587
Apr 201535421,06849.822.71$74,658
Mar 201543124,36942.892.93$90,002
Feb 201544525,73944.662.98$96,478
Jan 201545525,30043.433.10$98,207
Dec 201442625,10354.693.59$113,452
Nov 201451931,82170.464.25$171,867
Oct 201458737,93178.303.90$193,929
Sep 201465239,62186.164.05$216,461
Aug 201479347,35189.394.04$261,953
Jul 201498155,51396.564.18$326,747
Jun 20141,01056,58898.164.74$367,192
May 201458430,84494.734.73$201,108

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             2 bbl  × $106.41 =       $213
Gas                  254 Mcf  × $  3.05 =       $774

────────────────────────────────────────────────────
Month total                                     $986

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/272980 is the state's own key, not one this site invented.