COATES "E" GAS UNIT

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

Gas lease lease 168676District 04Field 460914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Mar 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
339
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1985-02-20
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 1998-06-01.

The Commission's schedule remark for this field reads: 10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.

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 Gas111998-08-27139250
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
CondensateDisposition10,785 bbl$311,926
GasProduction749,457 Mcf$2,738,415
Total$3,050,341

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 26.4335, -98.4166. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43349, -98.41664 · 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
12,700 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 12,700 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-21532503512,700 ftMar 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 (339)

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

339 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 20240078.812.20$0
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20221084.888.16$85
Aug 20220094.529.13$0
Jul 20221890101.587.54$19,199
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20223091.054.86$273
Jan 20220381.844.54$14
Dec 20210471.323.90$16
Nov 20210677.435.24$31
Oct 20213479.795.71$262
Sep 2021514869.865.35$1,141
Aug 2021821466.024.22$1,431
Jul 2021824170.783.98$1,526
Jun 202147869.493.38$542
May 2021538663.483.02$1,482
Apr 2021760160.362.76$2,080
Mar 2021563361.302.72$2,026
Feb 2021753857.805.55$3,389
Jan 20211060650.412.81$2,207
Dec 2020756844.642.68$1,832
Nov 20201060638.772.71$2,028
Oct 2020657836.972.48$1,654
Sep 2020765037.091.99$1,554
Aug 2020555139.982.39$1,514
Jul 2020775138.371.83$1,639
Jun 2020586934.901.69$1,643
May 2020230716.921.81$591
Apr 2020311714.751.80$255
Mar 202018530.341.86$188
Feb 202034349.881.98$235
Jan 2020360657.252.09$1,441
Dec 2019457659.012.30$1,563
Nov 2019669155.302.75$2,233
Oct 2019366553.472.42$1,769
Sep 2019273055.052.66$2,050
Aug 2019875053.112.30$2,153
Jul 2019675356.272.46$2,190
Jun 2019570552.782.49$2,020
May 2019669058.482.74$2,242
Apr 2019669762.632.75$2,293
Mar 2019723656.803.06$1,120
Feb 2019325850.852.79$873
Jan 2019659946.033.23$2,210
Dec 2018558046.594.19$2,661
Nov 2018654352.934.24$2,618
Oct 2018253261.443.40$1,931
Sep 2018244759.543.11$1,508
Aug 2018359259.403.07$1,994
Jul 2018266265.142.93$2,071
Jun 2018562360.183.08$2,218
May 20189063165.382.90$7,715
Apr 2018364763.842.90$2,068
Mar 2018460961.222.79$1,942
Feb 2018351461.782.77$1,607
Jan 2018555462.874.01$2,536
Dec 2017259457.272.92$1,850
Nov 2017071855.423.12$2,239
Oct 2017065149.292.98$1,942
Sep 2017056747.523.09$1,750
Aug 2017078945.373.00$2,370
Jul 20175883943.873.09$5,135
Jun 2017079342.493.09$2,448
May 2017083845.373.26$2,735
Apr 2017075647.933.21$2,428
Mar 20177386146.772.98$5,983
Feb 2017263050.452.95$1,961
Jan 2017378449.413.42$2,829
Dec 2016088048.763.72$3,276
Nov 2016056542.492.64$1,494
Oct 2016088746.193.09$2,741
Sep 2016077141.553.10$2,391
Aug 201601,01641.442.92$2,971
Jul 2016088041.622.92$2,573
Jun 2016079445.352.69$2,133
May 20162892642.521.99$3,034
Apr 20162396136.561.99$2,754
Mar 2016385233.011.79$1,628
Feb 2016480026.472.06$1,757
Jan 2016393627.352.36$2,295
Dec 20153271132.362.00$2,459
Nov 201501,04638.792.17$2,267
Oct 2015490843.552.43$2,378
Sep 2015170142.992.76$1,977
Aug 201513987440.162.87$8,093
Jul 201511,00148.152.95$2,996
Jun 201501,10156.152.88$3,174
May 2015293955.212.96$2,886
Apr 2015090349.822.71$2,444
Mar 2015288342.892.93$2,677
Feb 2015277344.662.98$2,390
Jan 2015191443.433.10$2,877
Dec 2014187554.693.59$3,197
Nov 2014182170.464.25$3,561
Oct 2014181478.303.90$3,254
Sep 2014274486.164.05$3,182
Aug 201421,04789.394.04$4,404
Jul 201421,00296.564.18$4,381
Jun 201417787298.164.74$21,505
May 2014189894.734.73$4,339
Apr 2014096395.944.81$4,631
Mar 2014090995.895.06$4,597
Feb 2014094697.406.19$5,858
Jan 201401,16490.404.86$5,658
Dec 201301,44791.824.35$6,301
Nov 20130088.853.74$0
Oct 2013259197.423.78$2,428
Sep 20130913104.113.72$3,394
Aug 20131863104.253.52$3,144
Jul 20131913102.523.72$3,497
Jun 2013191694.403.93$3,697
May 2013187594.834.15$3,725
Apr 20133787393.964.28$7,215
Mar 2013074893.623.91$2,927
Feb 2013178991.233.42$2,790
Jan 2013390791.603.42$3,377
Dec 20124186986.773.42$6,530
Nov 2012086186.953.62$3,121
Oct 2012580989.383.40$3,197
Sep 2012082694.672.92$2,411
Aug 20126587092.662.91$8,553
Jul 2012497685.133.02$3,289
Jun 20126681579.822.52$7,321
May 2012198291.612.49$2,535
Apr 201231,008101.652.00$2,318
Mar 201231,081105.052.22$2,717
Feb 201231,092101.102.57$3,110
Jan 201201,19798.092.73$3,273
Dec 2011071196.873.24$2,303
Nov 2011085595.723.31$2,831
Oct 20111721,06784.983.65$18,510
Sep 2011089083.623.99$3,547
Aug 201101,18183.404.15$4,900
Jul 201101,04994.144.52$4,739
Jun 2011067192.904.64$3,113
May 2011084798.134.40$3,731
Apr 20110855105.964.33$3,705
Mar 2011193496.364.06$3,886
Feb 2011086985.644.18$3,632
Jan 2011097386.504.59$4,465
Dec 2010196085.734.35$4,260
Nov 2010181280.843.80$3,163
Oct 201011,04478.103.51$3,741
Sep 201011,22372.633.98$4,940
Aug 201011,28673.684.42$5,757
Jul 201011,28672.554.74$6,164
Jun 201001,22570.364.91$6,015
May 201001,14971.124.24$4,866
Apr 20101941,13281.694.12$20,515
Mar 201001,25778.394.39$5,517
Feb 201001,19973.585.44$6,525
Jan 201011,37774.365.96$8,287
Dec 200911,20671.445.48$6,685
Nov 200911,15274.593.75$4,396
Oct 2009185672.544.11$3,591
Sep 2009093765.543.06$2,872
Aug 2009197667.423.22$3,209
Jul 2009191961.133.46$3,245
Jun 200911,13466.163.90$4,483
May 200921,38354.743.93$5,539
Apr 200911,07046.773.59$3,885
Mar 200901,20442.144.06$4,887
Feb 2009098532.814.63$4,564
Jan 200901,17435.865.37$6,306
Dec 2008042337.105.98$2,528
Nov 2008029655.496.86$2,031
Oct 2008082375.246.92$5,697
Sep 200801,040101.767.88$8,192
Aug 200801,323114.228.48$11,223
Jul 200811,207131.0811.39$13,878
Jun 200811,201131.3313.03$15,784
May 200813,014123.1711.57$35,008
Apr 200811,428110.3110.45$15,040
Mar 200801,427101.909.66$13,791
Feb 200801,26192.538.77$11,060
Jan 200801,37690.388.21$11,291
Dec 20071241,21088.337.30$19,788
Nov 200701,66391.677.29$12,126
Oct 200701,44982.856.92$10,030
Sep 200701,31075.846.24$8,180
Aug 200701,32969.066.39$8,490
Jul 200701,39470.906.39$8,905
Jun 200701,42462.007.55$10,749
May 200701,28858.747.85$10,106
Apr 200701,45459.617.81$11,349
Mar 200701,52556.927.30$11,136
Feb 200701,39455.108.22$11,453
Jan 200701,06350.306.73$7,151
Dec 200601,60356.656.92$11,090
Nov 200601,47354.207.62$11,221
Oct 200601,75354.906.01$10,542
Sep 200601,15460.085.04$5,813
Aug 20061881,14768.717.34$21,336
Jul 200601,35969.376.34$8,620
Jun 200601,11166.286.38$7,092
May 200601,32766.016.42$8,526
Apr 2006066464.397.36$4,887
Mar 2006099656.707.08$7,055
Feb 200601,62057.597.75$12,557
Jan 200601,55260.598.93$13,865
Dec 200501,94354.9413.42$26,066
Nov 200501,93854.6910.59$20,520
Oct 200502,02358.3413.80$27,909
Sep 200501,96861.4512.08$23,771
Aug 20051802,05261.519.80$31,175
Jul 200502,13855.697.84$16,770
Jun 200502,05552.337.38$15,168
May 200502,34245.226.65$15,577
Apr 20051961,74649.207.36$22,495
Mar 200502,28950.377.15$16,378
Feb 200502,22545.226.31$14,044
Jan 200501,91043.166.32$12,075
Dec 200402,19139.866.75$14,792
Nov 200402,36145.286.33$14,946
Oct 200402,83149.706.52$18,444
Sep 200401,39643.245.28$7,376
Aug 200401,64342.375.55$9,120
Jul 200401,97538.286.08$12,016
Jun 200401,49936.106.43$9,643
May 200402,52637.486.49$16,405
Apr 20041672,08634.475.86$17,977
Mar 200402,48734.365.53$13,753
Feb 200402,57632.455.51$14,193
Jan 200402,13432.036.30$13,443
Dec 200302,80730.266.30$17,689
Nov 20031983,29728.804.60$20,853
Oct 200301,96028.174.76$9,329
Sep 200301,67526.314.75$7,955
Aug 200301,61229.765.13$8,269
Jul 200302,51629.415.17$13,010
Jun 200302,51528.565.98$15,047
May 20031872,36426.595.97$19,092
Apr 200302,33526.675.41$12,626
Mar 200302,76231.146.10$16,837
Feb 200302,67933.487.93$21,233
Jan 200302,27330.315.58$12,688
Dec 200201,68826.914.85$8,193
Nov 200202,01524.664.14$8,336
Oct 20021912,81026.464.23$16,938
Sep 200203,00327.443.64$10,917
Aug 20021713,30225.963.16$14,887
Jul 200202,97524.583.06$9,109
Jun 200203,01423.733.34$10,061
May 200203,54124.663.58$12,691
Apr 200203,10923.653.51$10,920
Mar 20021823,30822.003.10$14,268
Feb 200203,13518.222.38$7,448
Jan 20021813,25617.172.38$10,843
Dec 200103,87316.932.36$9,157
Nov 200103,32618.072.41$8,001
Oct 200104,01319.782.53$10,148
Sep 200103,57424.262.25$8,046
Aug 200104,24824.873.05$12,970
Jul 200104,38623.933.20$14,022
Jun 200104,44924.563.82$17,014
May 200104,74725.524.31$20,447
Apr 200105,05024.685.34$26,943
Mar 20011885,24924.545.38$32,834
Feb 200102,33827.755.77$13,483
Jan 200104,35827.478.40$36,602
Dec 200006,17526.889.12$56,331
Nov 20001794,05132.215.66$28,686
Oct 200001,38731.235.15$7,137
Sep 200003,56631.875.19$18,495
Aug 200005,69929.644.54$25,878
Jul 20001796,10628.534.09$30,079
Jun 200005,55529.304.40$24,427
May 20001907,54927.263.68$32,958
Apr 200005,59724.513.12$17,440
Mar 20001986,90828.422.86$25,382
Feb 200006,85427.622.73$18,687
Jan 20001796,31525.272.48$20,188
Dec 199905,15924.282.42$12,504
Nov 19991925,64623.192.43$18,195
Oct 199905,44820.982.80$15,275
Sep 19991786,08121.752.62$19,797
Aug 199905,91219.262.88$17,001
Jul 19991846,57117.892.37$18,881
Jun 199906,91215.942.36$16,327
May 19991817,72115.792.32$20,779
Apr 19991737,87115.102.21$19,992
Mar 199918,47912.471.84$15,600
Feb 19991798,5239.981.82$17,279
Jan 19991829,94510.381.90$20,784
Dec 199818310,8619.201.77$20,944
Nov 199818912,39010.892.19$29,139
Oct 199818315,15912.421.97$32,124
Sep 199836615,73812.592.08$37,384
Aug 199837120,35211.301.91$43,011
Jul 199838526,49511.742.24$63,796
Jun 199852827,90311.242.24$68,361
May 199872040,92312.622.21$99,376
Apr 19981,81095,18613.042.51$262,075
Mar 19980012.802.31$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.

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/168676 is the state's own key, not one this site invented.