BOSTON TEXAS LAND & TRUST

Operated by MERIT ENERGY COMPANY (P-5 561136) in the JEFFRESS, N (VKSBG, LO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 86123District 04Field 46090500CondensateGasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$332 k
at the published price for each month
Months reported
401
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 33 leases and 33 wells, and the rule below applies to all of them.

Discovered
1972-01-28
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2000-09-12.

The Commission's schedule remark for this field reads: 10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.

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
CondensateDisposition6,173 bbl$287,960
GasProduction705,758 Mcf$2,352,933
Total$2,640,892

257,126 Mcf of this lease's gas, across 45 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 26.4420, -98.4532. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44200, -98.45320 · 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
13,105 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 13,105 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-215309261513,105 ftSep 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 (401)

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

401 months

May 20262247,081106.413.05$45,403
Apr 20262607,49898.932.87$47,239
Mar 20262748,27689.753.15$50,656
Feb 20262568,52763.503.75$48,235
Jan 202614910,40559.138.00$92,029
Dec 2025510,89556.664.41$48,367
Nov 20254058.593.93$234
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008019655.496.86$1,345
Oct 2008038675.246.92$2,672
Sep 20080791101.767.88$6,231
Aug 200801,415114.228.48$12,003
Jul 200820647131.0811.39$9,991
Jun 2008531,427131.3313.03$25,558
May 20081083,519123.1711.57$54,032
Apr 20086166110.3110.45$2,397
Mar 20081033,084101.909.66$40,300
Feb 2008782,27692.538.77$27,179
Jan 2008832,37090.388.21$26,949
Dec 20071270188.337.30$6,179
Nov 2007261,69891.677.29$14,765
Oct 2007171,29882.856.92$10,393
Sep 2007292,16175.846.24$15,693
Aug 2007377969.066.39$5,183
Jul 2007394670.906.39$6,256
Jun 2007123,42662.007.55$26,605
May 200771,93358.747.85$15,578
Apr 2007123259.617.81$1,870
Mar 20071938256.927.30$3,871
Feb 20071102,18855.108.22$24,038
Jan 20072886,46650.306.73$57,982
Dec 20061894,51456.656.92$41,937
Nov 20061523,36454.207.62$33,864
Oct 200624154.906.01$356
Sep 2006305,04660.085.04$27,220
Aug 2006589368.717.34$6,898
Jul 2006112,00169.376.34$13,455
Jun 2006362966.286.38$4,214
May 2006694066.016.42$6,436
Apr 2006252,94564.397.36$23,286
Mar 2006104,23856.707.08$30,584
Feb 2006140557.597.75$3,197
Jan 200651,92360.598.93$17,482
Dec 200593,09054.9413.42$41,948
Nov 2005104,18354.6910.59$44,838
Oct 2005124,99558.3413.80$69,610
Sep 200504,03961.4512.08$48,787
Aug 2005086361.519.80$8,455
Jul 200503,93255.697.84$30,841
Jun 200502,10752.337.38$15,552
May 200503,08145.226.65$20,492
Apr 200501,63849.207.36$12,056
Mar 2005047350.377.15$3,384
Feb 200501,16245.226.31$7,334
Jan 2005082743.166.32$5,228
Dec 2004086239.866.75$5,819
Nov 2004091145.286.33$5,767
Oct 2004038149.706.52$2,482
Sep 2004018943.245.28$999
Aug 200402,96342.375.55$16,447
Jul 200406,88338.286.08$41,877
Jun 200406,86236.106.43$44,143
May 200407,04037.486.49$45,722
Apr 200407,26234.475.86$42,544
Mar 200498,95534.365.53$49,832
Feb 20042605,31532.455.51$37,721
Jan 2004771,09832.036.30$9,383
Dec 20033457430.266.30$4,646
Nov 2003611,26528.804.60$7,570
Oct 2003531,13028.174.76$6,871
Sep 200391,38026.314.75$6,791
Aug 2003101,52829.765.13$8,136
Jul 2003334,99229.415.17$26,783
Jun 2003324,66128.565.98$28,801
May 2003456,21526.595.97$38,317
Apr 2003222,98426.675.41$16,722
Mar 200371,14731.146.10$7,210
Feb 2003121,86533.487.93$15,184
Jan 2003375,87830.315.58$33,933
Dec 2002385,82126.914.85$29,276
Nov 2002406,18824.664.14$26,586
Oct 2002426,39726.464.23$28,165
Sep 2002386,48227.443.64$24,606
Aug 2002437,55925.963.16$25,034
Jul 2002356,12524.583.06$19,614
Jun 2002214,18323.733.34$14,462
May 2002162,81324.663.58$10,476
Apr 2002264,00923.653.51$14,696
Mar 2002335,19822.003.10$16,854
Feb 200231,15618.222.38$2,801
Jan 200293,16517.172.38$7,674
Dec 200122,50216.932.36$5,950
Nov 200151,51218.072.41$3,728
Oct 200141,03519.782.53$2,697
Sep 2001311,54524.262.25$4,230
Aug 2001401,97724.873.05$7,031
Jul 20011055,68823.933.20$20,698
Jun 20011377,76524.563.82$33,059
May 20011076,21025.524.31$29,479
Apr 2001472,59624.685.34$15,010
Mar 2001694,27224.545.38$24,661
Feb 20011389,04327.755.77$55,981
Jan 20011649,46327.478.40$83,983
Dec 200023612,86026.889.12$123,659
Nov 20001327,12732.215.66$44,576
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19991015.942.36$16
May 1999695,86315.792.32$14,698
Apr 1999222,00815.102.21$4,766
Mar 1999191,89112.471.84$3,713
Feb 1999161,5649.981.82$3,003
Jan 1999454,47310.381.90$8,966
Dec 1998242,6279.201.77$4,879
Nov 1998323,20310.892.19$7,349
Oct 1998222,04512.421.97$4,300
Sep 199855,84112.592.08$12,228
Aug 199842,69311.301.91$5,182
Jul 19980011.742.24$0
Jun 199821,61011.242.24$3,624
May 199842,85912.622.21$6,358
Apr 199853,62813.042.51$9,155
Mar 1998104,82312.802.31$11,266
Feb 1998505,06013.952.30$12,331
Jan 199822,24814.702.15$4,873
Dec 19970016.322.41$0
Nov 199704,94718.193.09$15,278
Oct 199702,53319.253.15$7,978
Sep 199702,40517.742.95$7,106
Aug 199701,74217.862.55$4,450
Jul 199702,48517.582.25$5,584
Jun 199704,93017.242.26$11,128
May 199703,02118.972.31$6,974
Apr 199704,32417.882.08$9,006
Mar 199702,31318.951.94$4,485
Feb 199702,19720.492.21$4,846
Jan 199701,77023.483.54$6,265
Dec 199603,50123.32$0
Nov 199602,55921.97$0
Oct 199601,80223.31$0
Sep 199601,88022.22$0
Aug 199602,63720.26$0
Jul 199603,18619.55$0
Jun 199601,41618.73$0
May 199602,45419.43$0
Apr 1996077821.51$0
Mar 199602,46719.38$0
Feb 199603,82216.98$0
Jan 199606,52917.07$0
Dec 199507,18117.19$0
Nov 199507,32716.00$0
Oct 199507,16515.43$0
Sep 199503,34116.18$0
Aug 199507,88215.92$0
Jul 199508,10015.24$0
Jun 199508,00316.41$0
May 199509,06117.56$0
Apr 199507,42317.73$0
Mar 199509,34016.44$0
Feb 199509,75116.58$0
Jan 199501,42515.92$0
Dec 199404,79415.03$0
Nov 199403,86215.90$0
Oct 199412,91215.58$16
Sep 1994185,47215.29$275
Aug 1994153,31216.13$242
Jul 1994379,68017.56$650
Jun 1994225,80217.09$376
May 1994235,34615.88$365
Apr 1994419,55914.14$580
Mar 1994367,74512.46$449
Feb 1994306,34412.50$375
Jan 1994238,24612.66$291
Dec 19932910,45812.33$358
Nov 1993186,45614.49$261
Oct 1993259,48915.85$396
Sep 19934115,08215.03$616
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 1993361817.68$53
Apr 1993113,88118.05$199
Mar 1993204,88518.14$363
Feb 19932724,16617.90$4,869
Jan 19932949,98716.93$4,977

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           224 bbl  × $106.41 =    $23,836
Gas                7,081 Mcf  × $  3.05 =    $21,568

────────────────────────────────────────────────────
Month total                                  $45,403

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/86123 is the state's own key, not one this site invented.