COATES

Name: COATES lease production and value, Aug 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the FALFURRIAS DEEP field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161194District 04Field 300980012 tax incentive programmesCondensateGasSave Export

Value, all time

$1.8 M

Aug 1996 – Jan 2013

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

198

no gaps in the span

Streams

condensate, gas

The FALFURRIAS DEEP 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1996-08-14

as the register files it

Field class

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 field rule took effect on 1996-12-06.

The Commission's schedule remark for this field reads: “PER DOCKET 04-0213644 EFFECTIVE 12/6/96. TMH”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1997-03-13	135891
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	10,040 bbl	$277,124
Gas	Production	515,952 Mcf	$1,560,576
Total			$1,837,700

85,771 Mcf of this lease's gas, across 4 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 27.2786, -98.0935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27858, -98.09348 · 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

9,160 ft

1 wells filed one

Completion to plug

14 months

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 9,160 ft.

Completions filed

May 2012

1 of 1 wells

Plug dates filed

Jul 2013

1 of 1 wells

Last completion to plug: a median of 14 months across the 1 well that filed both dates, with the middle half between 14 months and 14 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-24932273	1	9,160 ft	May 2012	Jul 2013	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 (198)

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

198 months


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	145	0	85.13	3.02	$12,344
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	164	101.65	2.00	$327
Mar 2012	0	104	105.05	2.22	$231
Feb 2012	0	271	101.10	2.57	$697
Jan 2012	0	284	98.09	2.73	$776
Dec 2011	0	119	96.87	3.24	$386
Nov 2011	0	78	95.72	3.31	$258
Oct 2011	0	548	84.98	3.65	$1,999
Sep 2011	0	440	83.62	3.99	$1,754
Aug 2011	0	278	83.40	4.15	$1,154
Jul 2011	0	330	94.14	4.52	$1,491
Jun 2011	0	454	92.90	4.64	$2,107
May 2011	0	334	98.13	4.40	$1,471
Apr 2011	172	384	105.96	4.33	$19,889
Mar 2011	0	313	96.36	4.06	$1,270
Feb 2011	0	547	85.64	4.18	$2,286
Jan 2011	0	578	86.50	4.59	$2,652
Dec 2010	0	409	85.73	4.35	$1,778
Nov 2010	0	274	80.84	3.80	$1,040
Oct 2010	0	522	78.10	3.51	$1,832
Sep 2010	0	452	72.63	3.98	$1,799
Aug 2010	0	613	73.68	4.42	$2,709
Jul 2010	0	580	72.55	4.74	$2,747
Jun 2010	0	483	70.36	4.91	$2,372
May 2010	0	563	71.12	4.24	$2,384
Apr 2010	0	547	81.69	4.12	$2,255
Mar 2010	0	911	78.39	4.39	$3,998
Feb 2010	0	725	73.58	5.44	$3,946
Jan 2010	0	740	74.36	5.96	$4,413
Dec 2009	0	554	71.44	5.48	$3,038
Nov 2009	0	628	74.59	3.75	$2,356
Oct 2009	168	633	72.54	4.11	$14,789
Sep 2009	0	592	65.54	3.06	$1,814
Aug 2009	0	398	67.42	3.22	$1,281
Jul 2009	0	168	61.13	3.46	$582
Jun 2009	0	424	66.16	3.90	$1,651
May 2009	0	280	54.74	3.93	$1,099
Apr 2009	0	383	46.77	3.59	$1,374
Mar 2009	0	588	42.14	4.06	$2,387
Feb 2009	0	1,054	32.81	4.63	$4,883
Jan 2009	0	492	35.86	5.37	$2,643
Dec 2008	0	439	37.10	5.98	$2,624
Nov 2008	0	661	55.49	6.86	$4,535
Oct 2008	0	735	75.24	6.92	$5,088
Sep 2008	0	656	101.76	7.88	$5,167
Aug 2008	169	685	114.22	8.48	$25,114
Jul 2008	0	680	131.08	11.39	$7,745
Jun 2008	0	720	131.33	13.03	$9,383
May 2008	0	835	123.17	11.57	$9,665
Apr 2008	0	826	110.31	10.45	$8,636
Mar 2008	0	808	101.90	9.66	$7,809
Feb 2008	0	719	92.53	8.77	$6,306
Jan 2008	0	847	90.38	8.21	$6,950
Dec 2007	0	664	88.33	7.30	$4,849
Nov 2007	0	763	91.67	7.29	$5,564
Oct 2007	0	942	82.85	6.92	$6,521
Sep 2007	171	840	75.84	6.24	$18,214
Aug 2007	0	636	69.06	6.39	$4,063
Jul 2007	0	614	70.90	6.39	$3,922
Jun 2007	0	779	62.00	7.55	$5,880
May 2007	0	615	58.74	7.85	$4,825
Apr 2007	0	621	59.61	7.81	$4,847
Mar 2007	0	643	56.92	7.30	$4,695
Feb 2007	0	672	55.10	8.22	$5,521
Jan 2007	0	724	50.30	6.73	$4,870
Dec 2006	172	675	56.65	6.92	$14,414
Nov 2006	0	948	54.20	7.62	$7,221
Oct 2006	0	928	54.90	6.01	$5,581
Sep 2006	0	1,011	60.08	5.04	$5,093
Aug 2006	0	971	68.71	7.34	$7,127
Jul 2006	0	917	69.37	6.34	$5,816
Jun 2006	0	939	66.28	6.38	$5,994
May 2006	0	1,745	66.01	6.42	$11,212
Apr 2006	0	1,087	64.39	7.36	$8,001
Mar 2006	0	1,390	56.70	7.08	$9,845
Feb 2006	166	639	57.59	7.75	$14,513
Jan 2006	0	1,853	60.59	8.93	$16,553
Dec 2005	0	1,711	54.94	13.42	$22,954
Nov 2005	0	1,666	54.69	10.59	$17,640
Oct 2005	0	1,303	58.34	13.80	$17,976
Sep 2005	0	1,186	61.45	12.08	$14,326
Aug 2005	0	1,212	61.51	9.80	$11,874
Jul 2005	0	1,163	55.69	7.84	$9,122
Jun 2005	0	1,187	52.33	7.38	$8,761
May 2005	179	1,289	45.22	6.65	$16,668
Apr 2005	0	1,148	49.20	7.36	$8,450
Mar 2005	0	1,485	50.37	7.15	$10,625
Feb 2005	0	1,038	45.22	6.31	$6,552
Jan 2005	0	1,368	43.16	6.32	$8,649
Dec 2004	0	1,626	39.86	6.75	$10,977
Nov 2004	0	1,028	45.28	6.33	$6,508
Oct 2004	165	1,052	49.70	6.52	$15,054
Sep 2004	0	820	43.24	5.28	$4,333
Aug 2004	0	866	42.37	5.55	$4,807
Jul 2004	0	1,230	38.28	6.08	$7,484
Jun 2004	0	1,442	36.10	6.43	$9,276
May 2004	0	1,492	37.48	6.49	$9,690
Apr 2004	0	1,471	34.47	5.86	$8,618
Mar 2004	179	1,478	34.36	5.53	$14,324
Feb 2004	0	1,182	32.45	5.51	$6,512
Jan 2004	0	1,092	32.03	6.30	$6,879
Dec 2003	0	2,137	30.26	6.30	$13,467
Nov 2003	0	1,283	28.80	4.60	$5,896
Oct 2003	0	1,263	28.17	4.76	$6,011
Sep 2003	0	1,346	26.31	4.75	$6,393
Aug 2003	0	1,653	29.76	5.13	$8,479
Jul 2003	0	1,607	29.41	5.17	$8,310
Jun 2003	0	1,495	28.56	5.98	$8,945
May 2003	0	1,587	26.59	5.97	$9,479
Apr 2003	0	1,584	26.67	5.41	$8,565
Mar 2003	0	1,371	31.14	6.10	$8,358
Feb 2003	0	2,217	33.48	7.93	$17,572
Jan 2003	0	1,356	30.31	5.58	$7,569
Dec 2002	0	1,590	26.91	4.85	$7,717
Nov 2002	0	1,516	24.66	4.14	$6,272
Oct 2002	0	1,549	26.46	4.23	$6,551
Sep 2002	0	1,563	27.44	3.64	$5,682
Aug 2002	172	1,836	25.96	3.16	$10,275
Jul 2002	0	1,769	24.58	3.06	$5,416
Jun 2002	0	1,822	23.73	3.34	$6,082
May 2002	0	1,954	24.66	3.58	$7,003
Apr 2002	0	1,805	23.65	3.51	$6,340
Mar 2002	0	1,681	22.00	3.10	$5,216
Feb 2002	0	1,665	18.22	2.38	$3,956
Jan 2002	0	1,892	17.17	2.38	$4,495
Dec 2001	162	1,999	16.93	2.36	$7,469
Nov 2001	0	2,108	18.07	2.41	$5,071
Oct 2001	0	2,247	19.78	2.53	$5,682
Sep 2001	0	2,471	24.26	2.25	$5,563
Aug 2001	0	2,650	24.87	3.05	$8,091
Jul 2001	0	2,643	23.93	3.20	$8,450
Jun 2001	0	2,542	24.56	3.82	$9,721
May 2001	0	1,976	25.52	4.31	$8,511
Apr 2001	0	1,879	24.68	5.34	$10,025
Mar 2001	0	2,037	24.54	5.38	$10,952
Feb 2001	169	2,109	27.75	5.77	$16,853
Jan 2001	0	2,083	27.47	8.40	$17,495
Dec 2000	0	2,198	26.88	9.12	$20,051
Nov 2000	0	2,216	32.21	5.66	$12,538
Oct 2000	173	1,912	31.23	5.15	$15,241
Sep 2000	0	1,769	31.87	5.19	$9,175
Aug 2000	0	1,815	29.64	4.54	$8,241
Jul 2000	0	1,804	28.53	4.09	$7,378
Jun 2000	0	1,922	29.30	4.40	$8,452
May 2000	165	2,222	27.26	3.68	$12,674
Apr 2000	0	2,266	24.51	3.12	$7,061
Mar 2000	0	2,406	28.42	2.86	$6,881
Feb 2000	183	2,223	27.62	2.73	$11,115
Jan 2000	178	2,484	25.27	2.48	$10,660
Dec 1999	0	2,755	24.28	2.42	$6,677
Nov 1999	0	2,830	23.19	2.43	$6,888
Oct 1999	0	2,978	20.98	2.80	$8,349
Sep 1999	0	3,286	21.75	2.62	$8,606
Aug 1999	180	2,799	19.26	2.88	$11,516
Jul 1999	0	4,754	17.89	2.37	$11,278
Jun 1999	178	4,722	15.94	2.36	$13,991
May 1999	0	5,063	15.79	2.32	$11,751
Apr 1999	179	4,955	15.10	2.21	$13,644
Mar 1999	0	5,457	12.47	1.84	$10,032
Feb 1999	182	5,046	9.98	1.82	$10,989
Jan 1999	0	5,613	10.38	1.90	$10,664
Dec 1998	180	5,872	9.20	1.77	$12,069
Nov 1998	0	6,318	10.89	2.19	$13,809
Oct 1998	179	6,562	12.42	1.97	$15,145
Sep 1998	169	6,681	12.59	2.08	$16,042
Aug 1998	0	6,994	11.30	1.91	$13,340
Jul 1998	176	7,261	11.74	2.24	$18,311
Jun 1998	174	7,071	11.24	2.24	$17,776
May 1998	0	7,729	12.62	2.21	$17,053
Apr 1998	180	8,085	13.04	2.51	$22,603
Mar 1998	180	8,052	12.80	2.31	$20,900
Feb 1998	178	7,402	13.95	2.30	$19,501
Jan 1998	182	8,832	14.70	2.15	$21,707
Dec 1997	170	8,692	16.32	2.41	$23,732
Nov 1997	184	8,674	18.19	3.09	$30,135
Oct 1997	183	9,484	19.25	3.15	$33,396
Sep 1997	182	8,324	17.74	2.95	$27,825
Aug 1997	177	9,532	17.86	2.55	$27,513
Jul 1997	358	10,362	17.58	2.25	$29,576
Jun 1997	334	10,574	17.24	2.26	$29,626
May 1997	183	11,091	18.97	2.31	$29,075
Apr 1997	365	13,402	17.88	2.08	$34,440
Mar 1997	182	6,683	18.95	1.94	$16,408
Feb 1997	366	10,794	20.49	2.21	$31,310
Jan 1997	367	14,929	23.48	3.54	$61,461
Dec 1996	368	17,914	23.32	—	$8,582
Nov 1996	543	20,457	21.97	—	$11,930
Oct 1996	712	29,184	23.31	—	$16,597
Sep 1996	161	18,216	22.22	—	$3,577
Aug 1996	0	0	20.26	—	$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.

Jul 2012 — as filed, then multipliedworked

Condensate           145 bbl  × $ 85.13 =    $12,344
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                  $12,344

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/161194 is the state's own key, not one this site invented.