COATES "B"

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

Gas lease lease 168643District 04Field 460895002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Feb 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
340
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 56 leases and 56 wells, and the rule below applies to all of them.

Discovered
1971-02-13
as the register files it
Field class
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 1999-09-14.

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 Gas111998-08-05139249
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
CondensateDisposition15,446 bbl$339,800
GasProduction1,501,945 Mcf$4,856,972
Total$5,196,772

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 26.4052, -98.4217. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40523, -98.42172 · 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
13,400 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 13,400 ft.

Completions filed
Feb 1998
1 of 1 wells

1 well

42-21532488513,400 ftFeb 1998

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 (340)

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

340 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20241071.372.28$71
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241078.812.20$79
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20231089.042.74$89
Aug 20230080.522.67$0
Jul 20232074.852.64$150
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20232078.122.24$156
Mar 20234072.852.39$291
Feb 202310075.112.47$751
Jan 202311076.533.39$842
Dec 20228076.415.73$611
Nov 20228085.005.65$680
Oct 202210087.185.86$872
Sep 20226084.888.16$509
Aug 20227094.529.13$662
Jul 202250101.587.54$508
Jun 202280115.097.98$921
May 202290109.378.43$984
Apr 2022100104.226.84$1,042
Mar 202270108.885.08$762
Feb 202211091.054.86$1,002
Jan 202210081.844.54$818
Dec 202110071.323.90$713
Nov 20217077.435.24$542
Oct 20218079.795.71$638
Sep 20217069.865.35$489
Aug 202111066.024.22$726
Jul 202111070.783.98$779
Jun 20217069.493.38$486
May 20217063.483.02$444
Apr 20218060.362.76$483
Mar 20216061.302.72$368
Feb 202110057.805.55$578
Jan 202111050.412.81$555
Dec 202091144.642.68$431
Nov 2020121038.772.71$492
Oct 202081136.972.48$323
Sep 2020101137.091.99$393
Aug 202061039.982.39$264
Jul 20209838.371.83$360
Jun 20208734.901.69$291
May 20204716.921.81$80
Apr 20205714.751.80$86
Mar 20203430.341.86$98
Feb 20206749.881.98$313
Jan 20204657.252.09$242
Dec 20195459.012.30$304
Nov 20197655.302.75$404
Oct 20194653.472.42$228
Sep 20193455.052.66$176
Aug 2019101053.112.30$554
Jul 20197856.272.46$414
Jun 20196952.782.49$339
May 20197658.482.74$426
Apr 20197862.632.75$460
Mar 20198856.803.06$479
Feb 20194850.852.79$226
Jan 201981046.033.23$401
Dec 20186746.594.19$309
Nov 20187652.934.24$396
Oct 20184861.443.40$273
Sep 20183159.543.11$182
Aug 20184459.403.07$250
Jul 20182465.142.93$142
Jun 201863160.183.08$456
May 20184665.382.90$279
Apr 20184363.842.90$264
Mar 20184661.222.79$262
Feb 201837061.782.77$379
Jan 20185662.874.01$338
Dec 201734357.272.92$1,956
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170645.373.00$18
Jul 20170043.873.09$0
Jun 20170942.493.09$28
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170746.772.98$21
Feb 2017014350.452.95$422
Jan 2017021149.413.42$721
Dec 201606048.763.72$223
Nov 20160842.492.64$21
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 20160427.352.36$9
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201503943.552.43$95
Sep 201501842.992.76$50
Aug 2015041340.162.87$1,186
Jul 2015016148.152.95$474
Jun 2015054056.152.88$1,557
May 2015020955.212.96$618
Apr 2015050349.822.71$1,361
Mar 2015020442.892.93$599
Feb 2015043244.662.98$1,286
Jan 2015043843.433.10$1,358
Dec 2014047754.693.59$1,713
Nov 2014050770.464.25$2,156
Oct 2014041378.303.90$1,611
Sep 2014056186.164.05$2,269
Aug 2014052389.394.04$2,110
Jul 2014074296.564.18$3,101
Jun 2014046198.164.74$2,184
May 2014067794.734.73$3,200
Apr 2014042195.944.81$2,025
Mar 2014051495.895.06$2,599
Feb 201401,08597.406.19$6,718
Jan 20140090.404.86$0
Dec 201305091.824.35$218
Nov 201306288.853.74$232
Oct 2013010197.423.78$382
Sep 20130256104.113.72$952
Aug 20131303104.253.52$1,172
Jul 20133406102.523.72$1,817
Jun 201311,12694.403.93$4,523
May 2013016994.834.15$701
Apr 2013182793.964.28$3,636
Mar 2013080793.623.91$3,158
Feb 2013079291.233.42$2,709
Jan 2013383291.603.42$3,120
Dec 2012196086.773.42$3,370
Nov 2012495786.953.62$3,817
Oct 201231,04189.383.40$3,807
Sep 2012098594.672.92$2,875
Aug 2012481,02892.662.91$7,437
Jul 201211,05485.133.02$3,269
Jun 2012297579.822.52$2,616
May 2012064891.612.49$1,612
Apr 20123688101.652.00$1,679
Mar 20126764105.052.22$2,328
Feb 20126980101.102.57$3,125
Jan 201201,17798.092.73$3,218
Dec 201101,07196.873.24$3,470
Nov 201103695.723.31$119
Oct 2011020184.983.65$733
Sep 2011040883.623.99$1,626
Aug 2011035783.404.15$1,481
Jul 2011023094.144.52$1,039
Jun 2011029792.904.64$1,378
May 2011056598.134.40$2,489
Apr 20110551105.964.33$2,388
Mar 201121,17596.364.06$4,960
Feb 201123,71085.644.18$15,679
Jan 201112,36586.504.59$10,939
Dec 201001,86185.734.35$8,091
Nov 201011,88980.843.80$7,250
Oct 201031,36478.103.51$5,020
Sep 201011,16772.633.98$4,717
Aug 201011,09673.684.42$4,917
Jul 201001,17672.554.74$5,570
Jun 2010191270.364.91$4,549
May 201011,64871.124.24$7,051
Apr 201011,24181.694.12$5,198
Mar 201021,15578.394.39$5,226
Feb 201021,33073.585.44$7,386
Jan 201001,40774.365.96$8,391
Dec 200921,47271.445.48$8,215
Nov 200901,00774.593.75$3,778
Oct 200911,29872.544.11$5,408
Sep 2009099065.543.06$3,034
Aug 2009134967.423.22$1,191
Jul 200915169661.133.46$11,642
Jun 2009182166.163.90$3,264
May 200921,04854.743.93$4,224
Apr 200941,27346.773.59$4,754
Mar 200911,20242.144.06$4,921
Feb 2009190732.814.63$4,235
Jan 2009192735.865.37$5,015
Dec 200811,14037.105.98$6,851
Nov 200821,37655.496.86$9,551
Oct 200811,04175.246.92$7,281
Sep 200811,010101.767.88$8,058
Aug 200811,189114.228.48$10,201
Jul 200821,167131.0811.39$13,554
Jun 200821,283131.3313.03$16,984
May 200822,682123.1711.57$31,289
Apr 200811,482110.3110.45$15,604
Mar 20081941,195101.909.66$31,317
Feb 200801,40792.538.77$12,340
Jan 200801,59890.388.21$13,113
Dec 20071011,48788.337.30$19,779
Nov 200701,42591.677.29$10,391
Oct 200701,40082.856.92$9,691
Sep 200701,08975.846.24$6,800
Aug 200701,12469.066.39$7,180
Jul 20071801,27470.906.39$20,900
Jun 200701,18962.007.55$8,975
May 200701,39658.747.85$10,953
Apr 200701,43459.617.81$11,193
Mar 200701,35456.927.30$9,887
Feb 200701,23655.108.22$10,155
Jan 200701,61250.306.73$10,844
Dec 200601,38256.656.92$9,561
Nov 200601,06454.207.62$8,105
Oct 200601,28654.906.01$7,734
Sep 200601,38660.085.04$6,982
Aug 200601,47168.717.34$10,797
Jul 200601,52869.376.34$9,692
Jun 200601,45866.286.38$9,308
May 20061741,62666.016.42$21,933
Apr 200601,82064.397.36$13,396
Mar 200602,10156.707.08$14,881
Feb 200602,11257.597.75$16,370
Jan 200602,41660.598.93$21,583
Dec 200502,15754.9413.42$28,937
Nov 200502,23954.6910.59$23,707
Oct 200502,38658.3413.80$32,917
Sep 200502,24961.4512.08$27,166
Aug 200502,31861.519.80$22,709
Jul 200502,37555.697.84$18,629
Jun 200502,13952.337.38$15,788
May 200502,25845.226.65$15,018
Apr 200502,28749.207.36$16,833
Mar 20051982,72450.377.15$29,463
Feb 200502,39145.226.31$15,092
Jan 200502,65743.166.32$16,798
Dec 200402,87639.866.75$19,416
Nov 200402,87745.286.33$18,213
Oct 200403,02849.706.52$19,728
Sep 200403,07143.245.28$16,227
Aug 200402,95642.375.55$16,408
Jul 200402,80538.286.08$17,066
Jun 200402,92736.106.43$18,829
May 2004703,39037.486.49$24,640
Apr 200402,78234.475.86$16,298
Mar 20041673,38134.365.53$24,436
Feb 200402,98032.455.51$16,419
Jan 200402,52132.036.30$15,881
Dec 200302,66530.266.30$16,794
Nov 200303,66028.804.60$16,818
Oct 200303,50428.174.76$16,678
Sep 200303,19226.314.75$15,160
Aug 200303,21629.765.13$16,497
Jul 20031903,49129.415.17$23,639
Jun 200303,66528.565.98$21,928
May 200303,82426.595.97$22,840
Apr 200303,87826.675.41$20,969
Mar 200303,53931.146.10$21,574
Feb 200303,59233.487.93$28,470
Jan 200304,51830.315.58$25,220
Dec 200203,74726.914.85$18,187
Nov 20021864,76624.664.14$24,304
Oct 200205,03026.464.23$21,272
Sep 200253,93527.443.64$14,442
Aug 200215,03925.963.16$15,970
Jul 200205,32424.583.06$16,301
Jun 200205,46623.733.34$18,247
May 200216,15924.663.58$22,099
Apr 20021846,08323.653.51$25,717
Mar 200236,52622.003.10$20,314
Feb 200206,98118.222.38$16,585
Jan 200228,21217.172.38$19,543
Dec 200107,37716.932.36$17,442
Nov 200105,53218.072.41$13,307
Oct 20013618,57019.782.53$28,813
Sep 200128,39024.262.25$18,937
Aug 200108,62324.873.05$26,327
Jul 200108,47523.933.20$27,095
Jun 200108,82624.563.82$33,752
May 200109,42325.524.31$40,588
Apr 20011828,65924.685.34$50,690
Mar 2001010,07924.545.38$54,189
Feb 200109,63727.755.77$55,577
Jan 2001010,59727.478.40$89,002
Dec 2000011,01526.889.12$100,484
Nov 200017911,83032.215.66$72,700
Oct 2000011,60131.235.15$59,693
Sep 200020312,10131.875.19$69,231
Aug 2000013,57629.644.54$61,645
Jul 200018914,03528.534.09$62,792
Jun 200018415,59029.304.40$73,944
May 200018015,90727.263.68$63,441
Apr 200018315,82424.513.12$53,793
Mar 2000018,92428.422.86$54,118
Feb 200017216,64327.622.73$50,128
Jan 200017319,67325.272.48$53,171
Dec 199954320,57024.282.42$63,040
Nov 199918721,35023.192.43$56,302
Oct 1999320,18320.982.80$56,650
Sep 199918722,20021.752.62$62,206
Aug 199919122,43319.262.88$68,187
Jul 199935524,67417.892.37$64,887
Jun 199917324,75815.942.36$61,238
May 199936426,50415.792.32$67,264
Apr 199918726,87515.102.21$62,165
Mar 199920629,28212.471.84$56,399
Feb 199938528,0829.981.82$54,889
Jan 199920933,06710.381.90$64,995
Dec 199839833,2149.201.77$62,561
Nov 199860138,54310.892.19$90,789
Oct 199840843,78212.421.97$91,283
Sep 199843548,45012.592.08$106,380
Aug 199860146,41911.301.91$95,329
Jul 199863462,04411.742.24$146,252
Jun 199884054,70011.242.24$131,820
May 199899171,44212.622.21$170,132
Apr 19981,82898,04513.042.51$269,472
Mar 19981,272119,96912.802.31$293,343
Feb 19982512,10913.952.30$28,189

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.

Oct 2024 — as filed, then multipliedworked
Condensate             1 bbl  × $ 71.37 =        $71
Gas                    0 Mcf  × $  2.28 =         $0

────────────────────────────────────────────────────
Month total                                      $71

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/168643 is the state's own key, not one this site invented.