COATES STATE

Name: COATES STATE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TEXAS INDEPENDENT EXPLOR LTD. (P-5 846548) in the RINCON, NORTH (F-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124464District 04Field 76723104CondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Oct 2014

Value, last 12 filed months

at the published price for each month

Months reported

262

no gaps in the span

Streams

condensate, gas

The RINCON, NORTH (F-2) field

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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered

1941-07-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “ALLOC. FORMU. SUSP. ADMIN. EFF 3-1-94.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	340 bbl	$7,468
Gas	Production	430,226 Mcf	$1,635,402
Total			$1,642,870

124,648 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 26.6316, -98.5610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.63156, -98.56105 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,177 ft

1 wells filed one

Completion to plug

27.4 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 5,177 ft.

Completions filed

May 1987

1 of 1 wells

Plug dates filed

Oct 2014

1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42732094	1 A	5,177 ft	May 1987	Oct 2014	Yes

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 (262)

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

262 months


Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	669	101.65	2.00	$1,336
Mar 2012	0	1,738	105.05	2.22	$3,862
Feb 2012	0	1,605	101.10	2.57	$4,125
Jan 2012	0	1,712	98.09	2.73	$4,681
Dec 2011	0	1,553	96.87	3.24	$5,031
Nov 2011	0	1,668	95.72	3.31	$5,523
Oct 2011	0	702	84.98	3.65	$2,561
Sep 2011	0	1,497	83.62	3.99	$5,967
Aug 2011	0	1,518	83.40	4.15	$6,299
Jul 2011	0	1,413	94.14	4.52	$6,383
Jun 2011	0	1,559	92.90	4.64	$7,234
May 2011	0	1,822	98.13	4.40	$8,026
Apr 2011	0	1,394	105.96	4.33	$6,041
Mar 2011	0	1,451	96.36	4.06	$5,887
Feb 2011	0	1,361	85.64	4.18	$5,689
Jan 2011	0	1,546	86.50	4.59	$7,094
Dec 2010	0	1,892	85.73	4.35	$8,226
Nov 2010	0	1,606	80.84	3.80	$6,095
Oct 2010	0	1,921	78.10	3.51	$6,741
Sep 2010	0	1,786	72.63	3.98	$7,107
Aug 2010	0	270	73.68	4.42	$1,193
Jul 2010	0	1,732	72.55	4.74	$8,204
Jun 2010	0	1,710	70.36	4.91	$8,397
May 2010	0	1,626	71.12	4.24	$6,886
Apr 2010	0	1,637	81.69	4.12	$6,749
Mar 2010	0	1,916	78.39	4.39	$8,409
Feb 2010	0	950	73.58	5.44	$5,170
Jan 2010	0	1,880	74.36	5.96	$11,212
Dec 2009	0	1,858	71.44	5.48	$10,189
Nov 2009	0	2,047	74.59	3.75	$7,679
Oct 2009	0	1,549	72.54	4.11	$6,367
Sep 2009	0	1,254	65.54	3.06	$3,843
Aug 2009	0	1,185	67.42	3.22	$3,814
Jul 2009	0	1,212	61.13	3.46	$4,199
Jun 2009	0	1,516	66.16	3.90	$5,905
May 2009	0	1,444	54.74	3.93	$5,669
Apr 2009	0	1,611	46.77	3.59	$5,779
Mar 2009	0	1,662	42.14	4.06	$6,746
Feb 2009	0	1,662	32.81	4.63	$7,700
Jan 2009	0	2,256	35.86	5.37	$12,117
Dec 2008	0	1,885	37.10	5.98	$11,267
Nov 2008	0	2,136	55.49	6.86	$14,654
Oct 2008	0	2,048	75.24	6.92	$14,176
Sep 2008	0	799	101.76	7.88	$6,294
Aug 2008	0	2,451	114.22	8.48	$20,792
Jul 2008	0	1,899	131.08	11.39	$21,629
Jun 2008	0	1,913	131.33	13.03	$24,931
May 2008	0	2,149	123.17	11.57	$24,873
Apr 2008	0	2,096	110.31	10.45	$21,913
Mar 2008	0	2,131	101.90	9.66	$20,594
Feb 2008	0	1,857	92.53	8.77	$16,287
Jan 2008	0	2,150	90.38	8.21	$17,642
Dec 2007	0	1,990	88.33	7.30	$14,531
Nov 2007	28	1,846	91.67	7.29	$16,027
Oct 2007	0	1,839	82.85	6.92	$12,730
Sep 2007	0	2,507	75.84	6.24	$15,654
Aug 2007	0	2,600	69.06	6.39	$16,609
Jul 2007	0	2,750	70.90	6.39	$17,567
Jun 2007	0	2,614	62.00	7.55	$19,732
May 2007	0	2,709	58.74	7.85	$21,256
Apr 2007	0	2,011	59.61	7.81	$15,696
Mar 2007	0	1,830	56.92	7.30	$13,363
Feb 2007	0	1,778	55.10	8.22	$14,608
Jan 2007	0	1,929	50.30	6.73	$12,976
Dec 2006	0	1,990	56.65	6.92	$13,768
Nov 2006	0	2,137	54.20	7.62	$16,279
Oct 2006	0	781	54.90	6.01	$4,697
Sep 2006	0	2,117	60.08	5.04	$10,664
Aug 2006	0	1,977	68.71	7.34	$14,511
Jul 2006	0	2,102	69.37	6.34	$13,332
Jun 2006	0	2,115	66.28	6.38	$13,502
May 2006	0	2,072	66.01	6.42	$13,313
Apr 2006	0	2,140	64.39	7.36	$15,751
Mar 2006	0	2,306	56.70	7.08	$16,333
Feb 2006	0	1,599	57.59	7.75	$12,394
Jan 2006	0	712	60.59	8.93	$6,361
Dec 2005	0	2,166	54.94	13.42	$29,058
Nov 2005	0	2,106	54.69	10.59	$22,299
Oct 2005	0	2,006	58.34	13.80	$27,674
Sep 2005	0	2,114	61.45	12.08	$25,535
Aug 2005	0	2,056	61.51	9.80	$20,142
Jul 2005	0	1,940	55.69	7.84	$15,217
Jun 2005	0	2,063	52.33	7.38	$15,227
May 2005	0	1,978	45.22	6.65	$13,156
Apr 2005	0	2,103	49.20	7.36	$15,479
Mar 2005	0	2,251	50.37	7.15	$16,106
Feb 2005	0	2,030	45.22	6.31	$12,813
Jan 2005	0	2,112	43.16	6.32	$13,352
Dec 2004	0	2,102	39.86	6.75	$14,191
Nov 2004	0	2,071	45.28	6.33	$13,110
Oct 2004	0	2,309	49.70	6.52	$15,043
Sep 2004	0	2,247	43.24	5.28	$11,873
Aug 2004	0	2,335	42.37	5.55	$12,961
Jul 2004	0	2,304	38.28	6.08	$14,018
Jun 2004	0	2,351	36.10	6.43	$15,124
May 2004	0	2,429	37.48	6.49	$15,775
Apr 2004	0	2,216	34.47	5.86	$12,982
Mar 2004	0	2,366	34.36	5.53	$13,084
Feb 2004	0	2,137	32.45	5.51	$11,774
Jan 2004	0	2,386	32.03	6.30	$15,031
Dec 2003	0	2,351	30.26	6.30	$14,815
Nov 2003	0	2,321	28.80	4.60	$10,665
Oct 2003	0	2,448	28.17	4.76	$11,652
Sep 2003	0	2,403	26.31	4.75	$11,413
Aug 2003	0	2,476	29.76	5.13	$12,701
Jul 2003	0	1,483	29.41	5.17	$7,668
Jun 2003	0	1,573	28.56	5.98	$9,411
May 2003	0	1,675	26.59	5.97	$10,004
Apr 2003	0	1,715	26.67	5.41	$9,273
Mar 2003	0	1,702	31.14	6.10	$10,375
Feb 2003	0	1,431	33.48	7.93	$11,342
Jan 2003	0	1,613	30.31	5.58	$9,004
Dec 2002	0	1,614	26.91	4.85	$7,834
Nov 2002	0	1,391	24.66	4.14	$5,755
Oct 2002	0	1,506	26.46	4.23	$6,369
Sep 2002	0	1,472	27.44	3.64	$5,351
Aug 2002	0	1,903	25.96	3.16	$6,021
Jul 2002	0	1,936	24.58	3.06	$5,928
Jun 2002	0	2,362	23.73	3.34	$7,885
May 2002	0	2,622	24.66	3.58	$9,397
Apr 2002	0	2,381	23.65	3.51	$8,363
Mar 2002	0	2,468	22.00	3.10	$7,658
Feb 2002	0	716	18.22	2.38	$1,701
Jan 2002	0	898	17.17	2.38	$2,133
Dec 2001	0	979	16.93	2.36	$2,315
Nov 2001	0	1,019	18.07	2.41	$2,451
Oct 2001	0	1,130	19.78	2.53	$2,858
Sep 2001	0	1,139	24.26	2.25	$2,564
Aug 2001	0	1,228	24.87	3.05	$3,749
Jul 2001	0	1,521	23.93	3.20	$4,863
Jun 2001	0	1,867	24.56	3.82	$7,140
May 2001	0	1,388	25.52	4.31	$5,979
Apr 2001	0	900	24.68	5.34	$4,802
Mar 2001	0	1,052	24.54	5.38	$5,656
Feb 2001	0	1,103	27.75	5.77	$6,361
Jan 2001	0	1,405	27.47	8.40	$11,800
Dec 2000	0	1,332	26.88	9.12	$12,151
Nov 2000	0	1,291	32.21	5.66	$7,304
Oct 2000	0	1,266	31.23	5.15	$6,514
Sep 2000	0	1,266	31.87	5.19	$6,566
Aug 2000	0	1,393	29.64	4.54	$6,325
Jul 2000	0	1,415	28.53	4.09	$5,787
Jun 2000	0	1,453	29.30	4.40	$6,389
May 2000	0	1,484	27.26	3.68	$5,461
Apr 2000	0	1,377	24.51	3.12	$4,291
Mar 2000	0	1,569	28.42	2.86	$4,487
Feb 2000	0	1,537	27.62	2.73	$4,191
Jan 2000	0	1,762	25.27	2.48	$4,371
Dec 1999	0	1,941	24.28	2.42	$4,704
Nov 1999	0	1,742	23.19	2.43	$4,240
Oct 1999	0	1,490	20.98	2.80	$4,178
Sep 1999	0	1,195	21.75	2.62	$3,130
Aug 1999	0	1,252	19.26	2.88	$3,600
Jul 1999	0	1,416	17.89	2.37	$3,359
Jun 1999	0	1,683	15.94	2.36	$3,975
May 1999	0	1,386	15.79	2.32	$3,217
Apr 1999	0	1,437	15.10	2.21	$3,173
Mar 1999	117	1,489	12.47	1.84	$4,196
Feb 1999	0	1,435	9.98	1.82	$2,609
Jan 1999	0	1,357	10.38	1.90	$2,578
Dec 1998	0	1,233	9.20	1.77	$2,187
Nov 1998	0	1,270	10.89	2.19	$2,776
Oct 1998	0	983	12.42	1.97	$1,936
Sep 1998	0	1,105	12.59	2.08	$2,301
Aug 1998	0	1,268	11.30	1.91	$2,419
Jul 1998	0	1,153	11.74	2.24	$2,580
Jun 1998	0	1,018	11.24	2.24	$2,278
May 1998	0	917	12.62	2.21	$2,023
Apr 1998	0	1,023	13.04	2.51	$2,563
Mar 1998	0	806	12.80	2.31	$1,861
Feb 1998	0	1,027	13.95	2.30	$2,361
Jan 1998	0	1,357	14.70	2.15	$2,924
Dec 1997	0	1,147	16.32	2.41	$2,766
Nov 1997	0	1,587	18.19	3.09	$4,901
Oct 1997	0	1,198	19.25	3.15	$3,773
Sep 1997	0	927	17.74	2.95	$2,739
Aug 1997	59	745	17.86	2.55	$2,957
Jul 1997	0	1,086	17.58	2.25	$2,440
Jun 1997	0	1,228	17.24	2.26	$2,772
May 1997	0	822	18.97	2.31	$1,898
Apr 1997	0	784	17.88	2.08	$1,633
Mar 1997	0	901	18.95	1.94	$1,747
Feb 1997	0	1,060	20.49	2.21	$2,338
Jan 1997	0	1,241	23.48	3.54	$4,393
Dec 1996	0	1,011	23.32	—	$0
Nov 1996	0	766	21.97	—	$0
Oct 1996	0	1,088	23.31	—	$0
Sep 1996	0	1,335	22.22	—	$0
Aug 1996	0	1,591	20.26	—	$0
Jul 1996	0	1,597	19.55	—	$0
Jun 1996	0	1,871	18.73	—	$0
May 1996	0	2,289	19.43	—	$0
Apr 1996	0	1,506	21.51	—	$0
Mar 1996	0	1,139	19.38	—	$0
Feb 1996	0	1,233	16.98	—	$0
Jan 1996	0	1,575	17.07	—	$0
Dec 1995	0	1,208	17.19	—	$0
Nov 1995	0	1,244	16.00	—	$0
Oct 1995	0	1,701	15.43	—	$0
Sep 1995	0	1,769	16.18	—	$0
Aug 1995	0	1,734	15.92	—	$0
Jul 1995	0	1,823	15.24	—	$0
Jun 1995	0	2,340	16.41	—	$0
May 1995	0	3,027	17.56	—	$0
Apr 1995	0	2,810	17.73	—	$0
Mar 1995	0	3,518	16.44	—	$0
Feb 1995	0	2,622	16.58	—	$0
Jan 1995	0	2,861	15.92	—	$0
Dec 1994	0	3,208	15.03	—	$0
Nov 1994	0	3,058	15.90	—	$0
Oct 1994	0	3,197	15.58	—	$0
Sep 1994	0	3,068	15.29	—	$0
Aug 1994	0	3,075	16.13	—	$0
Jul 1994	136	3,289	17.56	—	$2,388
Jun 1994	0	2,479	17.09	—	$0
May 1994	0	3,467	15.88	—	$0
Apr 1994	0	3,361	14.14	—	$0
Mar 1994	0	3,706	12.46	—	$0
Feb 1994	0	3,425	12.50	—	$0
Jan 1994	0	3,262	12.66	—	$0
Dec 1993	0	3,554	12.33	—	$0
Nov 1993	0	3,135	14.49	—	$0
Oct 1993	0	3,549	15.85	—	$0
Sep 1993	0	3,208	15.03	—	$0
Aug 1993	0	2,630	15.66	—	$0
Jul 1993	0	3,214	15.46	—	$0
Jun 1993	0	3,162	16.79	—	$0
May 1993	0	3,192	17.68	—	$0
Apr 1993	0	3,791	18.05	—	$0
Mar 1993	0	4,120	18.14	—	$0
Feb 1993	0	3,959	17.90	—	$0
Jan 1993	0	4,881	16.93	—	$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.

Apr 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $101.65 =         $0
Gas                  669 Mcf  × $  2.00 =     $1,336

────────────────────────────────────────────────────
Month total                                   $1,336

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/124464 is the state's own key, not one this site invented.