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 284805District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
May 2018 – May 2026
Value, last 12 filed months
$430 k
at the published price for each month
Months reported
97
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 Gas112020-02-24223571
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
CondensateDisposition29,216 bbl$1,623,677
GasProduction2,913,631 Mcf$9,809,190
Total$11,432,867

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 26.4480, -98.4513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44796, -98.45126 · 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
13,300 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 13,300 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-215341588513,300 ftMay 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 (97)

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

97 months

May 202609,123106.413.05$27,787
Apr 202609,02098.932.87$25,885
Mar 202609,76289.753.15$30,745
Feb 202609,07463.503.75$34,030
Jan 202609,26759.138.00$74,117
Dec 202509,06356.664.41$39,998
Nov 202507,24558.593.93$28,447
Oct 202507,73059.383.30$25,546
Sep 2025011,28062.743.08$34,708
Aug 2025011,97863.933.01$36,111
Jul 2025011,22666.743.32$37,216
Jun 2025011,25766.483.13$35,220
May 2025010,81860.553.23$34,967
Apr 2025010,79162.363.54$38,234
Mar 2025010,74767.704.27$45,872
Feb 2025010,02570.884.34$43,517
Jan 2025011,54074.324.28$49,376
Dec 2024011,84768.993.12$36,979
Nov 2024011,12869.052.20$24,464
Oct 2024011,55371.372.28$26,357
Sep 2024013,13669.612.36$31,058
Aug 2024012,79575.632.06$26,404
Jul 2024012,62379.932.15$27,096
Jun 2024012,82178.082.63$33,770
May 2024011,06178.812.20$24,317
Apr 2024010,40284.451.66$17,259
Mar 2024011,10280.301.55$17,154
Feb 2024010,43376.091.78$18,609
Jan 2024012,14473.023.30$40,047
Dec 2023012,35271.262.61$32,248
Nov 2023012,37577.892.81$34,744
Oct 2023013,52085.443.09$41,740
Sep 2023013,61389.042.74$37,232
Aug 2023013,80180.522.67$36,888
Jul 2023013,87474.852.64$36,652
Jun 2023013,30668.962.26$30,051
May 2023013,07170.622.23$29,114
Apr 2023013,50178.122.24$30,212
Mar 2023014,24672.852.39$34,093
Feb 2023013,11075.112.47$32,325
Jan 2023014,70876.533.39$49,827
Dec 2022015,12176.415.73$86,629
Nov 2022015,30185.005.65$86,393
Oct 2022015,20887.185.86$89,176
Sep 2022015,79384.888.16$128,929
Aug 2022017,16394.529.13$156,649
Jul 2022018,352101.587.54$138,412
Jun 2022018,168115.097.98$144,930
May 2022017,815109.378.43$150,235
Apr 2022019,246104.226.84$131,596
Mar 2022022,466108.885.08$114,046
Feb 2022021,53291.054.86$104,621
Jan 2022023,85481.844.54$108,242
Dec 2021045,00171.323.90$175,464
Nov 2021044,87577.435.24$235,004
Oct 2021050,57879.795.71$288,996
Sep 2021053,17169.865.35$284,514
Aug 2021032,89266.024.22$138,824
Jul 2021037,06170.783.98$147,580
Jun 2021037,26869.493.38$125,989
May 2021022,58263.483.02$68,145
Apr 202109,72560.362.76$26,826
Mar 2021012,20661.302.72$33,163
Feb 2021417,16157.805.55$95,440
Jan 20214822,98350.412.81$67,008
Dec 202010521,91244.642.68$63,312
Nov 202010521,52238.772.71$62,322
Oct 202010422,77036.972.48$60,279
Sep 202010023,97937.091.99$51,452
Aug 202011225,93339.982.39$66,331
Jul 202010823,37938.371.83$46,813
Jun 20203325,36434.901.69$44,025
May 20203128,79316.921.81$52,777
Apr 20202429,05414.751.80$52,778
Mar 20203431,53130.341.86$59,560
Feb 20205132,48749.881.98$66,890
Jan 202042536,84957.252.09$101,520
Dec 201979039,52859.012.30$137,705
Nov 201979636,16155.302.75$143,487
Oct 201983244,83053.472.42$152,910
Sep 201987046,13855.052.66$170,495
Aug 201993749,91153.112.30$164,777
Jul 20191,74654,80956.272.46$233,081
Jun 20191,52162,93252.782.49$237,055
May 20191,68676,56658.482.74$308,413
Apr 20191,97572,44662.632.75$322,971
Mar 20192,06382,09456.803.06$368,558
Feb 20191,63071,19550.852.79$281,678
Jan 20191,63086,08146.033.23$352,914
Dec 20181,88899,24946.594.19$503,363
Nov 20181,97292,77552.934.24$497,488
Oct 20182,02197,23661.443.40$454,586
Sep 20181,756103,12759.543.11$425,071
Aug 20181,213113,55659.403.07$420,278
Jul 20181,057114,34765.142.93$404,105
Jun 20181,111128,68260.183.08$462,804
May 201843840,40565.382.90$145,843

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                9,123 Mcf  × $  3.05 =    $27,787

────────────────────────────────────────────────────
Month total                                  $27,787

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/284805 is the state's own key, not one this site invented.