COATES 553

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

Gas lease lease 141714District 04Field 767234502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – Apr 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
304
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1999-05-25
as the register files it
Field class
Oil and 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 2005-01-01.

The Commission's schedule remark for this field reads: PRORATION AND SAID ALLOWABLES SHALL BE SET AT CAPACITY.

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
High Cost Gas112004-07-12155845
NGPA1none

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
CondensateDisposition7,060 bbl$141,393
GasProduction730,656 Mcf$964,382
Total$1,105,776

412,687 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 26.5785, -98.5500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57855, -98.54998 · 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
7,850 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
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 7,850 ft.

Plug dates filed
Apr 2018
1 of 1 wells

1 well

42-4273251617,850 ftApr 2018Yes

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 (304)

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

304 months

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 2012170101.652.00$1,728
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 201032078.394.39$2,508
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 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081270123.1711.57$15,643
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040232.455.51$11
Jan 20040032.036.30$0
Dec 2003078230.266.30$4,928
Nov 200301,18628.804.60$5,450
Oct 200301,29528.174.76$6,164
Sep 200301,27626.314.75$6,060
Aug 200301,22629.765.13$6,289
Jul 200301,21029.415.17$6,257
Jun 200301,24428.565.98$7,443
May 200301,32926.595.97$7,938
Apr 200301,30526.675.41$7,057
Mar 200301,27531.146.10$7,772
Feb 20031581,11533.487.93$14,127
Jan 200301,32630.315.58$7,402
Dec 200201,42026.914.85$6,892
Nov 200201,18524.664.14$4,902
Oct 200201,45726.464.23$6,162
Sep 200201,56727.443.64$5,696
Aug 200201,49525.963.16$4,730
Jul 200201,70424.583.06$5,217
Jun 200201,83323.733.34$6,119
May 200201,90624.663.58$6,831
Apr 200201,79223.653.51$6,294
Mar 200201,73322.003.10$5,377
Feb 200201,50518.222.38$3,575
Jan 200202,18017.172.38$5,179
Dec 200101,80216.932.36$4,261
Nov 200101,17318.072.41$2,822
Oct 200101,86219.782.53$4,709
Sep 200101,90224.262.25$4,282
Aug 200102,28824.873.05$6,986
Jul 200102,37423.933.20$7,590
Jun 200102,61324.563.82$9,993
May 200102,80925.524.31$12,099
Apr 200102,80924.685.34$14,987
Mar 200102,81024.545.38$15,108
Feb 200102,86727.755.77$16,534
Jan 20011812,99127.478.40$30,093
Dec 20001813,02726.889.12$32,479
Nov 200003,95732.215.66$22,389
Oct 200003,47331.235.15$17,870
Sep 200003,55131.875.19$18,417
Aug 200003,98029.644.54$18,072
Jul 200004,13228.534.09$16,899
Jun 200004,34429.304.40$19,102
May 20001724,26627.263.68$20,387
Apr 200004,18624.513.12$13,044
Mar 200004,31028.422.86$12,326
Feb 200004,29327.622.73$11,705
Jan 200004,74525.272.48$11,770
Dec 19991775,02024.282.42$16,465
Nov 199905,00823.192.43$12,189
Oct 199905,24520.982.80$14,705
Sep 19991645,13721.752.62$17,020
Aug 199905,33719.262.88$15,347
Jul 199905,46317.892.37$12,960
Jun 199905,48415.942.36$12,954
May 19991725,55815.792.32$15,616
Apr 199905,67415.102.21$12,528
Mar 199905,95012.471.84$10,938
Feb 199905,3079.981.82$9,647
Jan 199905,86810.381.90$11,149
Dec 19981755,5609.201.77$11,470
Nov 199805,40410.892.19$11,812
Oct 199805,49712.421.97$10,825
Sep 19981495,39712.592.08$13,116
Aug 199805,50811.301.91$10,506
Jul 199805,62611.742.24$12,587
Jun 199805,53511.242.24$12,383
May 19981696,19512.622.21$15,801
Apr 199806,20113.042.51$15,536
Mar 19981766,09112.802.31$16,320
Feb 199805,34813.952.30$12,296
Jan 199805,99714.702.15$12,922
Dec 19971576,35316.322.41$17,880
Nov 199705,36818.193.09$16,578
Oct 19971865,48519.253.15$20,857
Sep 199705,86217.742.95$17,322
Aug 199706,08217.862.55$15,538
Jul 199706,41917.582.25$14,423
Jun 19971816,10617.242.26$16,903
May 199706,43618.972.31$14,858
Apr 19971816,34417.882.08$16,449
Mar 199706,51318.951.94$12,630
Feb 199706,03720.492.21$13,317
Jan 19971816,64223.483.54$27,761
Dec 199617,14023.32$23
Nov 199606,90421.97$0
Oct 199607,06623.31$0
Sep 199605,89522.22$0
Aug 199606,54020.26$0
Jul 199606,37119.55$0
Jun 19961786,44118.73$3,334
May 199607,45319.43$0
Apr 199607,25421.51$0
Mar 19961787,04119.38$3,450
Feb 199606,52816.98$0
Jan 19961936,17217.07$3,295
Dec 199526,78917.19$34
Nov 199506,69016.00$0
Oct 19951807,05115.43$2,777
Sep 199526,92116.18$32
Aug 199506,90415.92$0
Jul 19951817,31815.24$2,758
Jun 199506,96316.41$0
May 19951787,34217.56$3,126
Apr 199507,15617.73$0
Mar 19951767,70016.44$2,893
Feb 199507,46716.58$0
Jan 19951818,55615.92$2,882
Dec 199408,67915.03$0
Nov 199408,57015.90$0
Oct 19941858,70315.58$2,882
Sep 199408,08015.29$0
Aug 19941798,83516.13$2,887
Jul 199418,96217.56$18
Jun 199418,62217.09$17
May 19941799,39515.88$2,843
Apr 19941828,88214.14$2,573
Mar 199409,34212.46$0
Feb 19941898,59112.50$2,363
Jan 1994010,72312.66$0
Dec 199318210,69612.33$2,244
Nov 19931759,91814.49$2,536
Oct 1993010,37915.85$0
Sep 199318310,52915.03$2,750
Aug 199317911,47315.66$2,803
Jul 199318511,50815.46$2,860
Jun 1993011,27216.79$0
May 199317812,08717.68$3,147
Apr 199318611,90918.05$3,357
Mar 1993012,71118.14$0
Feb 199332611,81217.90$5,835
Jan 199316413,34716.93$2,777

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            17 bbl  × $101.65 =     $1,728
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,728

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/141714 is the state's own key, not one this site invented.