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 289878District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Mar 2020 – May 2026
Value, last 12 filed months
$419 k
at the published price for each month
Months reported
75
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-1112021-04-22228769

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
CondensateDisposition39,126 bbl$2,356,441
GasProduction2,700,093 Mcf$9,272,003
Total$11,628,445

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 26.4459, -98.4632. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44587, -98.46319 · 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
12,097 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 12,097 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-215341679212,097 ftMar 2020

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 (75)

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

75 months

May 202609,021106.413.05$27,477
Apr 202608,79898.932.87$25,248
Mar 202609,33589.753.15$29,400
Feb 202608,66263.503.75$32,485
Jan 202609,78359.138.00$78,244
Dec 202509,67956.664.41$42,717
Nov 202509,75258.593.93$38,291
Oct 202509,19259.383.30$30,378
Sep 202508,97362.743.08$27,609
Aug 202508,55363.933.01$25,785
Jul 202509,50066.743.32$31,494
Jun 202509,58866.483.13$29,998
May 2025010,17760.553.23$32,895
Apr 2025010,84162.363.54$38,411
Mar 2025011,32067.704.27$48,317
Feb 2025010,77970.884.34$46,790
Jan 2025013,27574.324.28$56,799
Dec 2024013,52368.993.12$42,210
Nov 2024013,23769.052.20$29,101
Oct 2024013,46871.372.28$30,726
Sep 2024014,46669.612.36$34,203
Aug 2024013,80175.632.06$28,480
Jul 2024014,47679.932.15$31,074
Jun 2024015,11878.082.63$39,821
May 2024013,30078.812.20$29,239
Apr 2024014,47984.451.66$24,024
Mar 2024016,10580.301.55$24,884
Feb 2024014,93076.091.78$26,630
Jan 2024017,25973.023.30$56,914
Dec 2023017,29171.262.61$45,142
Nov 2023016,68777.892.81$46,850
Oct 2023018,54485.443.09$57,251
Sep 2023019,34889.042.74$52,918
Aug 2023020,43880.522.67$54,628
Jul 2023020,92774.852.64$55,285
Jun 2023020,16968.962.26$45,551
May 2023019,92070.622.23$44,370
Apr 2023020,48678.122.24$45,843
Mar 2023022,29572.852.39$53,356
Feb 2023021,55075.112.47$53,135
Jan 2023024,85976.533.39$84,215
Dec 2022026,03776.415.73$149,168
Nov 2022027,72585.005.65$156,541
Oct 2022027,55687.185.86$161,582
Sep 2022026,03884.888.16$212,566
Aug 2022028,68194.529.13$261,776
Jul 20229231,141101.587.54$244,213
Jun 202260731,491115.097.98$321,070
May 20221,35931,343109.378.43$412,951
Apr 20221,31532,004104.226.84$355,880
Mar 20221,50940,251108.885.08$368,630
Feb 20221,44938,69091.054.86$319,920
Jan 20221,51632,67881.844.54$272,352
Dec 20211,61364,12571.323.90$365,070
Nov 20211,65965,13977.435.24$469,580
Oct 20211,73276,58979.795.71$575,816
Sep 20211,37670,76069.865.35$474,758
Aug 20211,44345,25766.024.22$286,278
Jul 20211,29751,35970.783.98$296,317
Jun 20211,09557,04669.493.38$268,942
May 20211,22872,30163.483.02$296,134
Apr 20211,16850,96360.362.76$211,078
Mar 20211,23656,94161.302.72$230,472
Feb 20211,08265,12757.805.55$423,861
Jan 20211,26680,15550.412.81$289,076
Dec 20201,32687,50944.642.68$293,319
Nov 20201,33273,61838.772.71$250,894
Oct 20201,31583,66336.972.48$255,968
Sep 20201,26887,16737.091.99$220,583
Aug 20201,421101,53139.982.39$298,973
Jul 20201,428101,35538.371.83$239,777
Jun 20201,865126,09534.901.69$278,228
May 20202,296154,81916.921.81$319,806
Apr 20201,814124,92014.751.80$252,160
Mar 20201,01946,11530.341.86$116,517

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                9,021 Mcf  × $  3.05 =    $27,477

────────────────────────────────────────────────────
Month total                                  $27,477

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/289878 is the state's own key, not one this site invented.