COATES-STATE, GEO. H

Operated by TEXAS INDEPENDENT EXPLOR LTD. (P-5 846548) in the RINCON, NORTH (F-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118340District 04Field 76723136CondensateGasSaveExport
Value, all time
$482 k
Jan 1993 – Apr 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
136
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1994-11-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED TO 49(B) EFF 3-1-95 ; PER J. MELEAR.

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
CondensateDisposition97 bbl$1,566
GasProduction330,971 Mcf$480,501
Total$482,067

170,462 Mcf of this lease's gas, across 48 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 26.6318, -98.5583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.63182, -98.55828 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,050 ft
1 wells filed one
Completion to plug
18.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 5,050 ft.

Completions filed
Sep 1985
1 of 1 wells
Plug dates filed
Apr 2004
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4270107615,050 ftSep 1985Apr 2004Yes

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 (136)

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

136 months

Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002018924.664.14$782
Oct 200201,93126.464.23$8,166
Sep 200201,88327.443.64$6,845
Aug 200202,09125.963.16$6,616
Jul 200202,03424.583.06$6,228
Jun 200202,29023.733.34$7,645
May 2002089324.663.58$3,201
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001031524.685.34$1,681
Mar 200102,58224.545.38$13,882
Feb 200101,94727.755.77$11,229
Jan 200101,86527.478.40$15,664
Dec 200002,38126.889.12$21,721
Nov 200002,45332.215.66$13,879
Oct 200002,51031.235.15$12,915
Sep 200002,57931.875.19$13,376
Aug 200002,89229.644.54$13,132
Jul 200002,91628.534.09$11,926
Jun 200002,88629.304.40$12,690
May 200003,05627.263.68$11,245
Apr 200002,63624.513.12$8,214
Mar 200002,98228.422.86$8,528
Feb 200002,96127.622.73$8,073
Jan 200003,44025.272.48$8,533
Dec 199903,65824.282.42$8,866
Nov 199903,29923.192.43$8,030
Oct 199903,64920.982.80$10,231
Sep 1999084021.752.62$2,200
Aug 1999087019.262.88$2,502
Jul 199902,02317.892.37$4,799
Jun 199903,06715.942.36$7,245
May 199902,60215.792.32$6,039
Apr 199902,82615.102.21$6,240
Mar 1999283,20012.471.84$6,232
Feb 199903,1069.981.82$5,646
Jan 199903,45110.381.90$6,557
Dec 199802,9139.201.77$5,166
Nov 199803,27410.892.19$7,156
Oct 199802,90312.421.97$5,717
Sep 199803,04312.592.08$6,337
Aug 199803,27111.301.91$6,239
Jul 199803,65911.742.24$8,186
Jun 199803,73211.242.24$8,349
May 199802,77212.622.21$6,116
Apr 199802,70013.042.51$6,764
Mar 199803,27012.802.31$7,552
Feb 199802,24813.952.30$5,168
Jan 199803,15014.702.15$6,788
Dec 199702,74016.322.41$6,606
Nov 199703,18118.193.09$9,824
Oct 199703,09519.253.15$9,749
Sep 199702,98817.742.95$8,829
Aug 1997163,14717.862.55$8,326
Jul 199703,46017.582.25$7,774
Jun 199703,31317.242.26$7,478
May 199703,28418.972.31$7,581
Apr 199703,60117.882.08$7,500
Mar 199703,71618.951.94$7,206
Feb 199702,93120.492.21$6,465
Jan 199703,81523.483.54$13,504
Dec 199603,53823.32$0
Nov 199603,78521.97$0
Oct 199603,98623.31$0
Sep 199603,68122.22$0
Aug 199603,57620.26$0
Jul 199603,69419.55$0
Jun 199603,75818.73$0
May 199604,72319.43$0
Apr 199604,76521.51$0
Mar 199603,58019.38$0
Feb 199603,53216.98$0
Jan 199604,07917.07$0
Dec 199504,06717.19$0
Nov 199503,61816.00$0
Oct 199505,87015.43$0
Sep 199505,32916.18$0
Aug 199505,17715.92$0
Jul 199503,73615.24$0
Jun 199506,49616.41$0
May 199503,74917.56$0
Apr 199501,34317.73$0
Mar 199502,08916.44$0
Feb 199501,75816.58$0
Jan 199502,27515.92$0
Dec 199402,61915.03$0
Nov 199402,46915.90$0
Oct 199402,25815.58$0
Sep 199402,46715.29$0
Aug 199402,93216.13$0
Jul 1994532,93817.56$931
Jun 199403,06817.09$0
May 199403,81015.88$0
Apr 199402,69114.14$0
Mar 199402,26312.46$0
Feb 199401,06612.50$0
Jan 199401,80912.66$0
Dec 199301,20212.33$0
Nov 199301,92014.49$0
Oct 199303,95815.85$0
Sep 199304,24115.03$0
Aug 199304,66515.66$0
Jul 199304,21815.46$0
Jun 199304,52216.79$0
May 199304,87017.68$0
Apr 199304,35318.05$0
Mar 199304,73618.14$0
Feb 199304,63517.90$0
Jan 199304,54816.93$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.

Nov 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.66 =         $0
Gas                  189 Mcf  × $  4.14 =       $782

────────────────────────────────────────────────────
Month total                                     $782

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/118340 is the state's own key, not one this site invented.