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 160993District 04Field 767234502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Dec 1996 – Feb 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
303
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 Gas112004-07-12155844
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
CondensateDisposition8,438 bbl$228,576
GasProduction638,339 Mcf$2,370,664
Total$2,599,240

16,981 Mcf of this lease's gas, across 1 month, 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 26.5740, -98.5489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57397, -98.54894 · 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
7,700 ft
1 wells filed one
Completion to plug
18.0 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 7,700 ft.

Completions filed
Feb 2004
1 of 1 wells
Plug dates filed
Feb 2022
1 of 1 wells

Last completion to plug: a median of 18.0 years across the 1 well that filed both dates, with the middle half between 18.0 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273289927,700 ftFeb 2004Feb 2022Yes

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 (303)

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

303 months

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 20171137746.772.98$5,515
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20169210146.193.09$4,562
Sep 20160041.553.10$0
Aug 20160641.442.92$18
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 2015012149.822.71$327
Mar 20150742.892.93$21
Feb 20150044.662.98$0
Jan 20150243.433.10$6
Dec 20140054.693.59$0
Nov 20142070.464.25$141
Oct 20140078.303.90$0
Sep 201403686.164.05$146
Aug 201404289.394.04$169
Jul 20140196.564.18$4
Jun 20140998.164.74$43
May 201408394.734.73$392
Apr 201407795.944.81$370
Mar 2014011295.895.06$566
Feb 2014011597.406.19$712
Jan 2014063090.404.86$3,062
Dec 201301,35091.824.35$5,879
Nov 2013091288.853.74$3,409
Oct 2013059097.423.78$2,230
Sep 20130153104.113.72$569
Aug 20130125104.253.52$440
Jul 20130123102.523.72$457
Jun 201309794.403.93$382
May 2013014694.834.15$606
Apr 2013026793.964.28$1,143
Mar 20130093.623.91$0
Feb 20136091.233.42$547
Jan 201305991.603.42$202
Dec 201207786.773.42$263
Nov 201209786.953.62$352
Oct 2012012389.383.40$418
Sep 2012020894.672.92$607
Aug 2012016592.662.91$480
Jul 20121889485.133.02$16,288
Jun 201209379.822.52$234
May 2012012691.612.49$314
Apr 20120137101.652.00$274
Mar 20121191105.052.22$529
Feb 2012078101.102.57$200
Jan 201208298.092.73$224
Dec 201107196.873.24$230
Nov 201105395.723.31$176
Oct 201106184.983.65$223
Sep 201109283.623.99$367
Aug 2011012583.404.15$519
Jul 201105394.144.52$239
Jun 2011010092.904.64$464
May 2011014098.134.40$617
Apr 2011081105.964.33$351
Mar 201105996.364.06$239
Feb 201106385.644.18$263
Jan 2011017886.504.59$817
Dec 2010027485.734.35$1,191
Nov 2010021080.843.80$797
Oct 201006078.103.51$211
Sep 201009572.633.98$378
Aug 2010013073.684.42$575
Jul 2010011672.554.74$549
Jun 2010011370.364.91$555
May 2010015471.124.24$652
Apr 2010028081.694.12$1,154
Mar 2010038978.394.39$1,707
Feb 2010018173.585.44$985
Jan 2010021574.365.96$1,282
Dec 2009030471.445.48$1,667
Nov 2009033374.593.75$1,249
Oct 2009077272.544.11$3,173
Sep 2009080765.543.06$2,473
Aug 200901,12367.423.22$3,614
Jul 200901,76161.133.46$6,101
Jun 200901,49866.163.90$5,835
May 200901,40454.743.93$5,512
Apr 200901,29646.773.59$4,649
Mar 200941,41742.144.06$5,920
Feb 2009042532.814.63$1,969
Jan 2009013735.865.37$736
Dec 2008011637.105.98$693
Nov 2008028655.496.86$1,962
Oct 2008263375.246.92$4,532
Sep 20080193101.767.88$1,520
Aug 20080230114.228.48$1,951
Jul 20080255131.0811.39$2,904
Jun 20080250131.3313.03$3,258
May 20080361123.1711.57$4,178
Apr 20080264110.3110.45$2,760
Mar 20080269101.909.66$2,600
Feb 2008040292.538.77$3,526
Jan 2008040990.388.21$3,356
Dec 2007078288.337.30$5,710
Nov 20071851,34391.677.29$26,752
Oct 200701,79282.856.92$12,404
Sep 200701,80275.846.24$11,252
Aug 200701,91269.066.39$12,214
Jul 2007079870.906.39$5,098
Jun 2007046862.007.55$3,533
May 2007080458.747.85$6,308
Apr 2007065159.617.81$5,081
Mar 200702,91156.927.30$21,256
Feb 200704,18055.108.22$34,343
Jan 200701,55850.306.73$10,480
Dec 2006033856.656.92$2,338
Nov 200619432554.207.62$12,990
Oct 2006045654.906.01$2,742
Sep 2006029760.085.04$1,496
Aug 2006033068.717.34$2,422
Jul 2006054369.376.34$3,444
Jun 2006033166.286.38$2,113
May 2006036566.016.42$2,345
Apr 2006037164.397.36$2,731
Mar 2006062156.707.08$4,398
Feb 2006042457.597.75$3,286
Jan 2006054760.598.93$4,887
Dec 2005069854.9413.42$9,364
Nov 2005058454.6910.59$6,184
Oct 200501,50058.3413.80$20,694
Sep 200502,65761.4512.08$32,094
Aug 200503,27661.519.80$32,094
Jul 200502,56355.697.84$20,103
Jun 200503,29152.337.38$24,291
May 200502,45745.226.65$16,342
Apr 200502,27649.207.36$16,752
Mar 200518881150.377.15$15,272
Feb 2005047445.226.31$2,992
Jan 2005052643.166.32$3,325
Dec 2004065339.866.75$4,408
Nov 2004097745.286.33$6,185
Oct 200401,09649.706.52$7,141
Sep 200404,71543.245.28$24,914
Aug 200402,85842.375.55$15,864
Jul 200401,15838.286.08$7,045
Jun 200403,57936.106.43$23,024
May 20041874,97437.486.49$39,313
Apr 200406,97734.475.86$40,874
Mar 200419015,12834.365.53$90,188
Feb 200418920,98632.455.51$121,758
Jan 200419915,49832.036.30$104,006
Dec 200359113,64430.266.30$103,863
Nov 200301,78628.804.60$8,207
Oct 200301,92628.174.76$9,167
Sep 200301,90626.314.75$9,052
Aug 200302,09429.765.13$10,742
Jul 200301,77529.415.17$9,178
Jun 200301,81028.565.98$10,829
May 200302,09926.595.97$12,537
Apr 200301,78726.675.41$9,663
Mar 20031951,63731.146.10$16,052
Feb 200301,61733.487.93$12,816
Jan 200302,21530.315.58$12,364
Dec 20021922,05126.914.85$15,122
Nov 200201,86524.664.14$7,715
Oct 200202,05826.464.23$8,704
Sep 200202,54827.443.64$9,262
Aug 200203,01925.963.16$9,553
Jul 200203,60024.583.06$11,022
Jun 200203,23523.733.34$10,799
May 200203,71224.663.58$13,304
Apr 200203,67323.653.51$12,901
Mar 200202,97822.003.10$9,240
Feb 20022181,87818.222.38$8,433
Jan 200202,58617.172.38$6,144
Dec 200102,49716.932.36$5,904
Nov 200102,06818.072.41$4,975
Oct 200103,19619.782.53$8,082
Sep 200102,67524.262.25$6,022
Aug 200102,23824.873.05$6,833
Jul 200103,10923.933.20$9,940
Jun 200103,21024.563.82$12,276
May 200103,34225.524.31$14,395
Apr 200103,02724.685.34$16,150
Mar 200103,52024.545.38$18,925
Feb 200103,53127.755.77$20,364
Jan 200102,82927.478.40$23,760
Dec 20001783,00326.889.12$32,180
Nov 200004,18532.215.66$23,679
Oct 200003,37031.235.15$17,340
Sep 200003,53731.875.19$18,345
Aug 200003,44129.644.54$15,625
Jul 200003,59028.534.09$14,682
Jun 200003,77429.304.40$16,595
May 200003,89427.263.68$14,329
Apr 200003,85824.513.12$12,022
Mar 200004,32228.422.86$12,360
Feb 200003,85427.622.73$10,508
Jan 200004,26825.272.48$10,587
Dec 19991903,98624.282.42$14,274
Nov 199904,26323.192.43$10,376
Oct 199905,02620.982.80$14,091
Sep 199904,79621.752.62$12,560
Aug 199904,37119.262.88$12,569
Jul 199904,79617.892.37$11,378
Jun 199905,08015.942.36$11,999
May 19991955,30215.792.32$15,385
Apr 199905,32015.102.21$11,747
Mar 199905,72512.471.84$10,524
Feb 199904,9609.981.82$9,016
Jan 199905,55110.381.90$10,547
Dec 199805,6799.201.77$10,071
Nov 19981735,76210.892.19$14,478
Oct 199806,43712.421.97$12,676
Sep 19981805,58712.592.08$13,902
Aug 199806,31711.301.91$12,049
Jul 199808,75411.742.24$19,585
Jun 19981856,42611.242.24$16,456
May 199806,16212.622.21$13,595
Apr 19981906,86113.042.51$19,667
Mar 199807,82412.802.31$18,069
Feb 19981917,95413.952.30$20,952
Jan 199809,54114.702.15$20,559
Dec 199737810,88016.322.41$32,402
Nov 199718910,19718.193.09$34,929
Oct 199709,81519.253.15$30,915
Sep 1997010,69817.742.95$31,611
Aug 199718911,45917.862.55$32,650
Jul 199719114,05317.582.25$34,934
Jun 1997012,84817.242.26$29,001
May 199739616,23918.972.31$45,000
Apr 199736118,40717.882.08$44,792
Mar 199719422,18318.951.94$46,692
Feb 199757621,73820.492.21$59,754
Jan 199797623,91323.483.54$107,561
Dec 199657016,98123.32$13,292

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.

Mar 2017 — as filed, then multipliedworked
Condensate           113 bbl  × $ 46.77 =     $5,285
Gas                   77 Mcf  × $  2.98 =       $230

────────────────────────────────────────────────────
Month total                                   $5,515

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/160993 is the state's own key, not one this site invented.