COATES "F" GAS UNIT

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

Gas lease lease 159494District 04Field 460914502 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.0 M
May 1996 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
361
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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1995-11-12
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-06-05.

The Commission's schedule remark for this field reads: TO FILE MOST CURRENT TEST OR TEST FILED ON PREVIOUS SURVEY.

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 Gas111996-10-04135566
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
CondensateDisposition96,282 bbl$1,985,780
GasProduction11,290,248 Mcf$18,977,277
Total$20,963,057

4,920,600 Mcf of this lease's gas, across 8 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 26.4286, -98.4100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.42862, -98.40999 · 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
14,674 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 14,674 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-21532286214,674 ftJun 2006

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 (361)

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

361 months

May 20262401106.413.05$1,434
Apr 2026140698.932.87$1,264
Mar 2026139889.753.15$1,343
Feb 2026136963.503.75$1,447
Jan 2026239959.138.00$3,309
Dec 2025240456.664.41$1,896
Nov 2025138058.593.93$1,551
Oct 2025136659.383.30$1,269
Sep 2025136362.743.08$1,180
Aug 2025139363.933.01$1,249
Jul 2025245266.743.32$1,632
Jun 2025040266.483.13$1,258
May 2025040860.553.23$1,319
Apr 2025133262.363.54$1,239
Mar 2025134567.704.27$1,540
Feb 2025130170.884.34$1,377
Jan 2025241074.324.28$1,903
Dec 2024343968.993.12$1,577
Nov 2024144669.052.20$1,050
Oct 2024359971.372.28$1,581
Sep 2024041169.612.36$972
Aug 2024146675.632.06$1,037
Jul 2024159079.932.15$1,346
Jun 2024145478.082.63$1,274
May 2024450578.812.20$1,425
Apr 2024158684.451.66$1,057
Mar 2024157380.301.55$966
Feb 2024153276.091.78$1,025
Jan 2024250773.023.30$1,818
Dec 2023141071.262.61$1,142
Nov 2023139577.892.81$1,187
Oct 2023142385.443.09$1,391
Sep 2023446289.042.74$1,620
Aug 2023151680.522.67$1,460
Jul 2023550274.852.64$1,700
Jun 2023146868.962.26$1,126
May 2023146370.622.23$1,102
Apr 2023744078.122.24$1,531
Mar 2023143472.852.39$1,111
Feb 2023142575.112.47$1,123
Jan 20231149176.533.39$2,505
Dec 2022165876.415.73$3,846
Nov 2022248885.005.65$2,925
Oct 20222345587.185.86$4,673
Sep 20223241884.888.16$6,129
Aug 20223549094.529.13$7,781
Jul 202221479101.587.54$5,746
Jun 202239446115.097.98$8,046
May 202242575109.378.43$9,443
Apr 202242684104.226.84$9,054
Mar 202231603108.885.08$6,436
Feb 20224865491.054.86$7,548
Jan 20224871181.844.54$7,155
Dec 20214372171.323.90$5,878
Nov 20213168277.435.24$5,972
Oct 20213965879.795.71$6,872
Sep 20212974969.865.35$6,034
Aug 20214489166.024.22$6,665
Jul 20215583270.783.98$7,206
Jun 20213072369.493.38$4,529
May 20213680963.483.02$4,727
Apr 20213976560.362.76$4,464
Mar 20212779661.302.72$3,818
Feb 20214065157.805.55$5,924
Jan 20215368650.412.81$4,600
Dec 20204166744.642.68$3,615
Nov 20205168238.772.71$3,823
Oct 20203163536.972.48$2,720
Sep 20203869137.091.99$2,785
Aug 20202255839.982.39$2,210
Jul 20203868638.371.83$2,710
Jun 20203469434.901.69$2,360
May 20201863616.921.81$1,459
Apr 20202156014.751.80$1,320
Mar 20201254130.341.86$1,368
Feb 20202565749.881.98$2,548
Jan 20201868157.252.09$2,457
Dec 20192053259.012.30$2,406
Nov 20193363555.302.75$3,572
Oct 20191567553.472.42$2,435
Sep 20191272355.052.66$2,582
Aug 20194474653.112.30$4,056
Jul 20193178256.272.46$3,668
Jun 20192272952.782.49$2,977
May 20193272058.482.74$3,844
Apr 20193159962.632.75$3,589
Mar 20193862156.803.06$4,060
Feb 20191843050.852.79$2,116
Jan 20193852746.033.23$3,450
Dec 20182851946.594.19$3,477
Nov 20183253952.934.24$3,978
Oct 20181551161.443.40$2,658
Sep 20181544459.543.11$2,273
Aug 20181661559.403.07$2,836
Jul 2018760665.142.93$2,233
Jun 20182752360.183.08$3,234
May 20182151165.382.90$2,855
Apr 20182028963.842.90$2,115
Mar 20182136161.222.79$2,292
Feb 20181825261.782.77$1,809
Jan 20182434562.874.01$2,892
Dec 20171331457.272.92$1,662
Nov 2017036655.423.12$1,141
Oct 2017041549.292.98$1,238
Sep 2017050347.523.09$1,553
Aug 2017232245.373.00$1,058
Jul 2017041343.873.09$1,275
Jun 2017043942.493.09$1,355
May 2017245145.373.26$1,563
Apr 2017039247.933.21$1,259
Mar 2017244446.772.98$1,418
Feb 2017131550.452.95$981
Jan 2017149549.413.42$1,742
Dec 2016045948.763.72$1,709
Nov 2016028742.492.64$759
Oct 2016046746.193.09$1,443
Sep 2016034441.553.10$1,067
Aug 2016038741.442.92$1,132
Jul 2016049741.622.92$1,453
Jun 2016137745.352.69$1,058
May 2016138542.521.99$809
Apr 2016043736.561.99$870
Mar 2016041033.011.79$736
Feb 2016042226.472.06$871
Jan 2016044527.352.36$1,052
Dec 2015045832.362.00$917
Nov 2015050438.792.17$1,092
Oct 2015148743.552.43$1,225
Sep 2015056942.992.76$1,570
Aug 20157566240.162.87$4,914
Jul 2015067448.152.95$1,985
Jun 2015049156.152.88$1,415
May 20150055.212.96$0
Apr 2015055349.822.71$1,497
Mar 2015053842.892.93$1,579
Feb 2015040144.662.98$1,193
Jan 2015055143.433.10$1,708
Dec 2014052654.693.59$1,889
Nov 2014051970.464.25$2,207
Oct 2014053178.303.90$2,071
Sep 2014050086.164.05$2,023
Aug 2014054289.394.04$2,187
Jul 2014057696.564.18$2,407
Jun 2014057598.164.74$2,724
May 2014063594.734.73$3,001
Apr 2014163495.944.81$3,145
Mar 2014164095.895.06$3,332
Feb 2014055597.406.19$3,437
Jan 2014167090.404.86$3,347
Dec 2013069091.824.35$3,005
Nov 2013066288.853.74$2,475
Oct 2013254897.423.78$2,266
Sep 20130596104.113.72$2,216
Aug 20131649104.253.52$2,390
Jul 20131679102.523.72$2,627
Jun 2013169594.403.93$2,828
May 2013168894.834.15$2,949
Apr 2013269193.964.28$3,147
Mar 2013063093.623.91$2,465
Feb 2013161791.233.42$2,201
Jan 2013261191.603.42$2,273
Dec 2012161686.773.42$2,194
Nov 2012160386.953.62$2,273
Oct 2012259089.383.40$2,185
Sep 2012057994.672.92$1,690
Aug 2012064192.662.91$1,864
Jul 20129069285.133.02$9,752
Jun 2012163379.822.52$1,674
May 2012064491.612.49$1,602
Apr 20120680101.652.00$1,358
Mar 20120738105.052.22$1,640
Feb 20120620101.102.57$1,594
Jan 2012057698.092.73$1,575
Dec 2011074196.873.24$2,401
Nov 2011072495.723.31$2,397
Oct 2011156184.983.65$2,132
Sep 2011159083.623.99$2,435
Aug 2011170883.404.15$3,021
Jul 2011168694.144.52$3,193
Jun 2011069392.904.64$3,215
May 2011078298.134.40$3,445
Apr 20110941105.964.33$4,078
Mar 2011097096.364.06$3,936
Feb 2011089285.644.18$3,729
Jan 2011097486.504.59$4,469
Dec 201001,03985.734.35$4,517
Nov 2010081880.843.80$3,105
Oct 2010069578.103.51$2,439
Sep 2010066772.633.98$2,654
Aug 201019183073.684.42$17,741
Jul 2010085272.554.74$4,035
Jun 2010063670.364.91$3,123
May 2010066571.124.24$2,816
Apr 2010057981.694.12$2,387
Mar 2010032678.394.39$1,431
Feb 2010047173.585.44$2,563
Jan 2010058974.365.96$3,513
Dec 2009068771.445.48$3,767
Nov 2009078674.593.75$2,949
Oct 20090072.544.11$0
Sep 2009033465.543.06$1,024
Aug 2009014667.423.22$470
Jul 2009034161.133.46$1,181
Jun 2009018166.163.90$705
May 2009046154.743.93$1,810
Apr 2009029246.773.59$1,048
Mar 200909842.144.06$398
Feb 2009012132.814.63$561
Jan 2009017535.865.37$940
Dec 2008121737.105.98$1,334
Nov 200805855.496.86$398
Oct 2008016875.246.92$1,163
Sep 200803101.767.88$24
Aug 20080174114.228.48$1,476
Jul 20080187131.0811.39$2,130
Jun 20080105131.3313.03$1,368
May 200801,227123.1711.57$14,202
Apr 20080434110.3110.45$4,537
Mar 200804,019101.909.66$38,840
Feb 2008056692.538.77$4,964
Jan 200801,54690.388.21$12,686
Dec 200704788.337.30$343
Nov 2007082391.677.29$6,001
Oct 200701,29682.856.92$8,971
Sep 200701,27075.846.24$7,930
Aug 200701,34969.066.39$8,617
Jul 200701,28570.906.39$8,209
Jun 200702,04962.007.55$15,467
May 200701,32658.747.85$10,404
Apr 200701,59659.617.81$12,457
Mar 200701,95456.927.30$14,268
Feb 200701,24855.108.22$10,254
Jan 200701,33650.306.73$8,987
Dec 20061704,06456.656.92$37,747
Nov 200602,93854.207.62$22,380
Oct 200601,39854.906.01$8,407
Sep 200601,52860.085.04$7,697
Aug 200603,33968.717.34$24,508
Jul 200605,11169.376.34$32,418
Jun 200603,72266.286.38$23,761
May 200607,64566.016.42$49,119
Apr 200608,89164.397.36$65,442
Mar 200609,23056.707.08$65,375
Feb 200607,10957.597.75$55,103
Jan 2006010,21760.598.93$91,272
Dec 200509,92154.9413.42$133,094
Nov 2005010,70054.6910.59$113,296
Oct 2005010,86458.3413.80$149,877
Sep 2005011,42261.4512.08$137,966
Aug 2005012,28961.519.80$120,393
Jul 2005011,23455.697.84$88,115
Jun 200508,06452.337.38$59,521
May 2005010,02045.226.65$66,645
Apr 200508,82549.207.36$64,956
Mar 2005013,29850.377.15$95,146
Feb 2005011,26645.226.31$71,110
Jan 200509,16843.166.32$57,962
Dec 2004012,96139.866.75$87,501
Nov 2004011,10345.286.33$70,287
Oct 2004011,69049.706.52$76,162
Sep 200412111,39043.245.28$65,416
Aug 2004013,47142.375.55$74,773
Jul 2004014,59538.286.08$88,799
Jun 2004012,65736.106.43$81,423
May 2004015,42937.486.49$100,205
Apr 2004013,48534.475.86$79,001
Mar 2004016,29434.365.53$90,108
Feb 200418714,04432.455.51$83,445
Jan 200404,53132.036.30$28,544
Dec 200302,49030.266.30$15,691
Nov 200302,48728.804.60$11,428
Oct 200302,62528.174.76$12,494
Sep 200303,59126.314.75$17,055
Aug 200304,76129.765.13$24,423
Jul 200304,03129.415.17$20,844
Jun 20031879,07828.565.98$59,654
May 2003010,55126.595.97$63,018
Apr 200307,63626.675.41$41,290
Mar 200319611,13231.146.10$73,965
Feb 2003014,67233.487.93$116,289
Jan 200319316,18830.315.58$96,212
Dec 200220017,12326.914.85$88,493
Nov 2002016,90524.664.14$69,935
Oct 200218418,32826.464.23$82,380
Sep 200218918,56827.443.64$72,685
Aug 2002016,45725.963.16$52,073
Jul 200236718,66524.583.06$66,169
Jun 2002018,50423.733.34$61,771
May 2002019,94024.663.58$71,465
Apr 200219019,71523.653.51$73,739
Mar 200218613,83822.003.10$47,027
Feb 200207,75818.222.38$18,431
Jan 200218011,24617.172.38$29,808
Dec 2001013,89516.932.36$32,853
Nov 200119119,76918.072.41$51,006
Oct 200118221,06819.782.53$56,878
Sep 2001013,85524.262.25$31,192
Aug 2001020,91324.873.05$63,851
Jul 200117921,42923.933.20$72,794
Jun 200117921,17324.563.82$85,365
May 200136622,24825.524.31$105,170
Apr 2001021,34924.685.34$113,904
Mar 2001022,50224.545.38$120,981
Feb 200137620,86327.755.77$130,753
Jan 200118722,61327.478.40$195,058
Dec 200018823,86126.889.12$222,725
Nov 2000024,14532.215.66$136,612
Oct 200018921,46231.235.15$116,335
Sep 200037524,85531.875.19$140,862
Aug 200018726,50629.644.54$125,900
Jul 200018628,30928.534.09$121,083
Jun 200018826,84629.304.40$123,557
May 200019228,09527.263.68$108,617
Apr 200018326,90724.513.12$88,328
Mar 200036327,13428.422.86$87,913
Feb 200017424,72627.622.73$72,221
Jan 200020926,01125.272.48$69,802
Dec 199956827,58224.282.42$80,642
Nov 199918834,20423.192.43$87,612
Oct 199940030,18820.982.80$93,030
Sep 199918827,19621.752.62$75,311
Aug 199919331,79319.262.88$95,141
Jul 199934746,10217.892.37$115,579
Jun 199952350,27615.942.36$127,094
May 19991253,71315.792.32$124,858
Apr 199952154,66315.102.21$128,566
Mar 199918761,26112.471.84$114,950
Feb 199918858,6639.981.82$108,513
Jan 199936967,92010.381.90$132,875
Dec 199872872,1199.201.77$134,588
Nov 19981,08074,26510.892.19$174,084
Oct 199890981,68712.421.97$172,149
Sep 199870181,20412.592.08$177,943
Aug 199873489,14611.301.91$178,327
Jul 199892994,54711.742.24$222,434
Jun 19981,26997,41111.242.24$232,198
May 19981,096105,29212.622.21$246,141
Apr 19981,614111,44713.042.51$300,258
Mar 19981,511126,87412.802.31$312,349
Feb 19981,102126,01513.952.30$305,098
Jan 19982,184152,68014.702.15$361,098
Dec 1997705159,15616.322.41$395,247
Nov 19971,407135,28118.193.09$443,376
Oct 19972,152187,34919.253.15$631,542
Sep 19972,036181,54817.742.95$572,571
Aug 19971,937215,21617.862.55$584,416
Jul 19972,867249,08317.582.25$610,076
Jun 19971,836246,58017.242.26$588,233
May 19972,858303,61518.972.31$755,111
Apr 19973,444336,24417.882.08$761,901
Mar 19973,628390,61118.951.94$826,200
Feb 19973,871396,34120.492.21$953,605
Jan 19974,194493,74923.483.54$1,846,198
Dec 19964,713572,57423.32$109,907
Nov 19964,452574,54321.97$97,810
Oct 19965,349677,88723.31$124,685
Sep 19965,353709,74022.22$118,944
Aug 19965,773757,62520.26$116,961
Jul 19966,328740,40319.55$123,712
Jun 19965,876690,39718.73$110,057
May 19961,083197,43119.43$21,043

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             2 bbl  × $106.41 =       $213
Gas                  401 Mcf  × $  3.05 =     $1,221

────────────────────────────────────────────────────
Month total                                   $1,434

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/159494 is the state's own key, not one this site invented.