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 286358District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Mar 2019 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
87
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
NGPA1none
ST-1112019-11-14225088

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
CondensateDisposition18,755 bbl$1,105,929
GasProduction2,896,008 Mcf$9,010,284
Total$10,116,213

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 26.4467, -98.4530. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44671, -98.45300 · 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
13,070 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 13,070 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-215341628813,070 ftMar 2019

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 (87)

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

87 months

May 202603,103106.413.05$9,451
Apr 202603,06198.932.87$8,784
Mar 202603,22489.753.15$10,154
Feb 202602,65763.503.75$9,965
Jan 202602,75759.138.00$22,050
Dec 202502,39256.664.41$10,557
Nov 202502,11458.593.93$8,300
Oct 2025038559.383.30$1,272
Sep 2025065562.743.08$2,015
Aug 202501,75063.933.01$5,276
Jul 202501,91566.743.32$6,349
Jun 202501,69566.483.13$5,303
May 202532,30760.553.23$7,639
Apr 202591,18962.363.54$4,774
Mar 2025410967.704.27$736
Feb 2025825670.884.34$1,678
Jan 2025433674.324.28$1,735
Dec 2024313768.993.12$635
Nov 2024326269.052.20$783
Oct 2024219171.372.28$578
Sep 2024428069.612.36$940
Aug 2024414875.632.06$608
Jul 2024628879.932.15$1,098
Jun 2024313878.082.63$598
May 2024813278.812.20$921
Apr 2024514884.451.66$668
Mar 2024327280.301.55$661
Feb 2024316876.091.78$528
Jan 2024228173.023.30$1,073
Dec 2023311971.262.61$524
Nov 202346377.892.81$488
Oct 2023012385.443.09$380
Sep 202367589.042.74$739
Aug 20234817,46180.522.67$50,536
Jul 20236921,77274.852.64$62,682
Jun 20238621,05768.962.26$53,487
May 202312121,19270.622.23$55,748
Apr 202312120,82978.122.24$56,063
Mar 202312921,91072.852.39$61,832
Feb 202311220,32075.112.47$58,515
Jan 202313522,76076.533.39$87,436
Dec 202211623,41376.415.73$142,999
Nov 202211223,66685.005.65$143,143
Oct 202211524,27287.185.86$152,351
Sep 202210524,12784.888.16$205,878
Aug 202211426,46194.529.13$252,289
Jul 20229628,201101.587.54$222,446
Jun 20228727,712115.097.98$231,077
May 20229427,793109.378.43$244,660
Apr 20229127,928104.226.84$200,445
Mar 202210532,720108.885.08$177,532
Feb 202210132,75791.054.86$168,357
Jan 202210536,19181.844.54$172,816
Dec 202111233,54071.323.90$138,764
Nov 202111533,68677.435.24$185,313
Oct 202112035,47879.795.71$212,291
Sep 20219635,60369.865.35$197,215
Aug 202110036,70066.024.22$161,498
Jul 202111638,97070.783.98$163,392
Jun 202122640,28869.493.38$151,903
May 202125343,13563.483.02$146,228
Apr 202123746,72460.362.76$143,190
Mar 202119046,38761.302.72$137,678
Feb 202115935,29757.805.55$205,016
Jan 202118646,85350.412.81$141,046
Dec 202019549,97444.642.68$142,408
Nov 202019651,08138.772.71$145,853
Oct 202019355,98536.972.48$145,890
Sep 202018756,77137.091.99$119,969
Aug 202020961,24939.982.39$154,441
Jul 202019856,98038.371.83$111,593
Jun 20201967,72234.901.69$115,134
May 20201472,12716.921.81$131,129
Apr 20201175,66414.751.80$136,689
Mar 20201585,75130.341.86$159,629
Feb 20207086,35749.881.98$174,536
Jan 20201,74696,66157.252.09$302,438
Dec 20191,553110,34659.012.30$345,919
Nov 20191,56594,30655.302.75$345,952
Oct 20191,634109,20553.472.42$351,487
Sep 20191,710112,07555.052.66$391,950
Aug 20191,806130,99353.112.30$397,772
Jul 20191,460142,43156.272.46$432,543
Jun 2019817121,01752.782.49$344,599
May 2019890130,11758.482.74$408,609
Apr 2019208121,26362.632.75$346,585
Mar 20190056.803.06$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             0 bbl  × $106.41 =         $0
Gas                3,103 Mcf  × $  3.05 =     $9,451

────────────────────────────────────────────────────
Month total                                   $9,451

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/286358 is the state's own key, not one this site invented.