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 272982District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Jul 2014 – May 2026
Value, last 12 filed months
$393 k
at the published price for each month
Months reported
143
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 Gas112015-03-11215230
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
CondensateDisposition42,956 bbl$2,547,247
GasProduction1,935,581 Mcf$6,407,438
Total$8,954,685

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 26.4759, -98.4324. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47585, -98.43239 · 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
12,275 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 12,275 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-215341238012,275 ftJul 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 (143)

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

143 months

May 20261284,957106.413.05$28,719
Apr 20261535,39098.932.87$30,604
Mar 20261615,62489.753.15$32,162
Feb 20261695,18963.503.75$30,192
Jan 20261895,57459.138.00$55,756
Dec 20251765,66856.664.41$34,987
Nov 20251875,70058.593.93$33,337
Oct 20251655,38959.383.30$27,607
Sep 20251865,39862.743.08$28,279
Aug 20251725,64663.933.01$28,017
Jul 20252055,99466.743.32$33,553
Jun 20251855,64966.483.13$29,973
May 20251846,09560.553.23$30,842
Apr 20251645,33662.363.54$29,133
Mar 20252075,63667.704.27$38,070
Feb 20251755,57570.884.34$36,604
Jan 20252496,45574.324.28$46,125
Dec 20242406,43268.993.12$36,634
Nov 20242256,25969.052.20$29,296
Oct 20242116,29971.372.28$29,430
Sep 20241886,97069.612.36$29,566
Aug 20241826,83875.632.06$27,876
Jul 20241826,68279.932.15$28,891
Jun 20242116,57078.082.63$33,780
May 20241745,53578.812.20$25,881
Apr 20242006,23084.451.66$27,227
Mar 20241856,97980.301.55$25,639
Feb 20241666,25076.091.78$23,779
Jan 20241916,91673.023.30$36,753
Dec 20231967,14771.262.61$32,626
Nov 20232036,97477.892.81$35,392
Oct 20232127,49485.443.09$41,249
Sep 20231887,48489.042.74$37,209
Aug 20232137,11280.522.67$36,160
Jul 20232707,48974.852.64$39,994
Jun 20232677,09868.962.26$34,443
May 20231846,90670.622.23$28,377
Apr 20231796,23378.122.24$27,931
Mar 20231986,76872.852.39$30,621
Feb 20231716,46375.112.47$28,780
Jan 20232066,89176.533.39$39,110
Dec 20221756,40376.415.73$50,055
Nov 20221484,41985.005.65$37,531
Oct 20221716,60887.185.86$53,656
Sep 20221566,41584.888.16$65,611
Aug 20221746,80194.529.13$78,520
Jul 20221437,235101.587.54$69,093
Jun 20221026,840115.097.98$66,303
May 2022496,088109.378.43$56,699
Apr 2022486,461104.226.84$49,180
Mar 2022557,268108.885.08$42,884
Feb 2022536,32891.054.86$35,572
Jan 2022557,67581.844.54$39,328
Dec 2021596,32571.323.90$28,870
Nov 2021606,32577.435.24$37,769
Oct 2021616,49279.795.71$41,962
Sep 2021535,98069.865.35$35,701
Aug 2021877,54066.024.22$37,567
Jul 20212086,78970.783.98$41,757
Jun 20211767,11169.493.38$36,270
May 20211977,87463.483.02$36,267
Apr 20211877,04260.362.76$30,712
Mar 20211987,19161.302.72$31,675
Feb 20211746,67757.805.55$47,101
Jan 20212038,02250.412.81$32,777
Dec 20202138,15244.642.68$31,319
Nov 20202148,01538.772.71$29,990
Oct 20202118,36036.972.48$28,520
Sep 20202047,85037.091.99$23,196
Aug 20202278,51739.982.39$29,389
Jul 20202097,59138.371.83$21,874
Jun 20201578,46034.901.69$19,779
May 20201939,14416.921.81$19,860
Apr 20201569,12014.751.80$18,757
Mar 20202129,48130.341.86$24,031
Feb 20202468,94449.881.98$29,986
Jan 202015010,23357.252.09$30,023
Dec 201912610,26359.012.30$31,085
Nov 20191278,37855.302.75$30,068
Oct 201913310,41653.472.42$32,303
Sep 201913910,36455.052.66$35,192
Aug 201914710,89853.112.30$32,920
Jul 201911811,28056.272.46$34,389
Jun 20195110,61152.782.49$29,126
May 20194310,96658.482.74$32,565
Apr 20195011,28062.632.75$34,159
Mar 20195213,26056.803.06$43,557
Feb 20194111,00150.852.79$32,802
Jan 20194412,40046.033.23$42,055
Dec 201817912,83446.594.19$62,056
Nov 201828113,36952.934.24$71,521
Oct 201828815,00961.443.40$68,697
Sep 201825114,76559.543.11$60,834
Aug 20182028,29359.403.07$37,430
Jul 20181908,72765.142.93$37,963
Jun 20182029,21960.183.08$40,522
May 20182488,98965.382.90$42,290
Apr 20182308,70363.842.90$39,929
Mar 20182729,92161.222.79$44,300
Feb 20182498,69061.782.77$39,421
Jan 201826710,18362.874.01$57,613
Dec 201729710,88157.272.92$48,798
Nov 201727910,13155.423.12$47,054
Oct 201731211,61549.292.98$50,034
Sep 201731512,68147.523.09$54,119
Aug 201727811,12445.373.00$46,034
Jul 201728312,43643.873.09$50,809
Jun 201735012,43042.493.09$53,246
May 201740812,87645.373.26$60,531
Apr 201744211,48447.933.21$58,067
Mar 201749112,19046.772.98$59,335
Feb 201747312,11750.452.95$59,640
Jan 201755413,00149.413.42$71,821
Dec 201659013,82448.763.72$80,233
Nov 201652812,75242.492.64$56,155
Oct 201650012,51246.193.09$61,760
Sep 201649013,13241.553.10$61,077
Aug 201653413,90941.442.92$62,804
Jul 201657415,34741.622.92$68,770
Jun 201669916,76645.352.69$76,730
May 201687919,22942.521.99$75,661
Apr 201671619,57636.561.99$65,154
Mar 201644322,87133.011.79$55,654
Feb 201649117,38626.472.06$48,875
Jan 201658323,31127.352.36$71,061
Dec 201565324,06932.362.00$69,303
Nov 201562622,73638.792.17$73,559
Oct 201531220,17143.552.43$62,534
Sep 201532020,71742.992.76$70,903
Aug 201536823,64140.162.87$82,687
Jul 201540925,54448.152.95$94,922
Jun 201544326,97556.152.88$102,640
May 201579530,62255.212.96$134,394
Apr 201549629,56549.822.71$104,730
Mar 201560634,26942.892.93$126,561
Feb 201557733,27544.662.98$124,802
Jan 201578443,49743.433.10$168,917
Dec 201485049,77254.693.59$225,236
Nov 20141,51193,13570.464.25$502,460
Oct 20141,08670,14578.303.90$358,667
Sep 20141,29478,61086.164.05$429,503
Aug 20141,62297,23589.394.04$537,345
Jul 20141,48485,13396.564.18$499,117

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           128 bbl  × $106.41 =    $13,620
Gas                4,957 Mcf  × $  3.05 =    $15,098

────────────────────────────────────────────────────
Month total                                  $28,719

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/272982 is the state's own key, not one this site invented.