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 286359District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Mar 2019 – May 2026
Value, last 12 filed months
$435 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-1112019-11-14225090

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
CondensateDisposition22,244 bbl$1,183,746
GasProduction2,109,436 Mcf$6,531,899
Total$7,715,645

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 26.4478, -98.4585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44783, -98.45846 · 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
12,863 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 12,863 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-215341648412,863 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 202679,091106.413.05$28,435
Apr 202688,83198.932.87$26,134
Mar 202688,87589.753.15$28,669
Feb 202688,84263.503.75$33,668
Jan 202699,53859.138.00$76,816
Dec 202598,76656.664.41$39,197
Nov 202599,92458.593.93$39,493
Oct 202589,15859.383.30$30,741
Sep 202599,83762.743.08$30,832
Aug 202589,86763.933.01$30,258
Jul 20251010,90666.743.32$36,823
Jun 2025910,57266.483.13$33,675
May 20251010,66860.553.23$35,088
Apr 2025910,17362.363.54$36,605
Mar 20251110,47867.704.27$45,468
Feb 2025910,03770.884.34$44,207
Jan 20251311,61274.324.28$50,650
Dec 20241211,84868.993.12$37,810
Nov 20241111,61769.052.20$26,299
Oct 20241111,78671.372.28$27,674
Sep 2024912,49269.612.36$30,162
Aug 2024912,41475.632.06$26,299
Jul 2024912,57579.932.15$27,713
Jun 20241112,77778.082.63$34,513
May 2024911,97078.812.20$27,025
Apr 20241012,63784.451.66$21,812
Mar 2024912,86280.301.55$20,596
Feb 2024811,80376.091.78$21,661
Jan 20241014,12873.023.30$47,320
Dec 20231013,97871.262.61$37,205
Nov 20231013,57377.892.81$38,886
Oct 20231114,53085.443.09$45,798
Sep 20231014,77889.042.74$41,309
Aug 20231115,17280.522.67$41,439
Jul 20231915,37574.852.64$42,040
Jun 20234915,01368.962.26$37,286
May 20239214,52070.622.23$38,839
Apr 20239213,61378.122.24$37,650
Mar 202310014,41472.852.39$41,780
Feb 20238713,71275.112.47$40,344
Jan 202310415,45576.533.39$60,316
Dec 20229015,69276.415.73$96,778
Nov 20228715,56685.005.65$95,284
Oct 20228916,34287.185.86$103,585
Sep 20228115,35684.888.16$132,237
Aug 20228916,39194.529.13$158,016
Jul 20227617,404101.587.54$138,982
Jun 20227716,978115.097.98$144,299
May 20229516,470109.378.43$149,282
Apr 20229216,334104.226.84$121,274
Mar 202210618,769108.885.08$106,820
Feb 202210218,37691.054.86$98,573
Jan 202210620,71081.844.54$102,650
Dec 202111317,38371.323.90$75,838
Nov 202111617,64177.435.24$101,365
Oct 202112120,07979.795.71$124,383
Sep 20219617,89669.865.35$102,467
Aug 202110523,70366.024.22$106,973
Jul 202117924,62070.783.98$110,708
Jun 202134023,39369.493.38$102,709
May 202138126,57763.483.02$104,387
Apr 202141327,51260.362.76$100,818
Mar 20211,15624,77461.302.72$138,172
Feb 20211,09920,52657.805.55$177,399
Jan 20211,28626,23350.412.81$138,549
Dec 20201,34728,66644.642.68$136,825
Nov 20201,35329,87338.772.71$133,309
Oct 20201,33631,88636.972.48$128,419
Sep 20201,28833,05137.091.99$113,578
Aug 20201,43436,78439.982.39$145,065
Jul 20201,19436,55038.371.83$112,522
Jun 20204639,32434.901.69$68,075
May 20205840,06216.921.81$73,684
Apr 20204542,18914.751.80$76,789
Mar 20206247,94730.341.86$90,882
Feb 20208449,58849.881.98$102,407
Jan 202045153,20257.252.09$137,264
Dec 201982053,26359.012.30$171,125
Nov 201982647,29455.302.75$175,769
Oct 201986357,91653.472.42$186,217
Sep 201990364,82655.052.66$221,971
Aug 201995375,78953.112.30$225,259
Jul 201977091,64956.272.46$268,790
Jun 201943191,73952.782.49$251,288
May 201947198,80058.482.74$298,288
Apr 201914794,09662.632.75$268,036
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             7 bbl  × $106.41 =       $745
Gas                9,091 Mcf  × $  3.05 =    $27,690

────────────────────────────────────────────────────
Month total                                  $28,435

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/286359 is the state's own key, not one this site invented.