COATES

Operated by XTO ENERGY INC. (P-5 945936) in the RINCON, N. (4670) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172481District 04Field 76723804CondensateGasSaveExport
Value, all time
$652 k
Mar 1999 – Dec 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1992-09-17
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 05/01/2000.

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
CondensateDisposition279 bbl$8,285
GasProduction164,959 Mcf$643,417
Total$651,702

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 26.6285, -98.5783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.62846, -98.57829 · 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
9,000 ft
1 wells filed one
Completion to plug
8.8 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 9,000 ft.

Completions filed
Mar 1999
1 of 1 wells
Plug dates filed
Jan 2008
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273301019,000 ftMar 1999Jan 2008Yes

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 (130)

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

130 months

Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200736069.066.39$2,486
Jul 200701070.906.39$64
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200501049.207.36$74
Mar 2005015050.377.15$1,073
Feb 2005022345.226.31$1,408
Jan 2005140343.166.32$2,591
Dec 2004042839.866.75$2,889
Nov 200402645.286.33$165
Oct 2004041349.706.52$2,691
Sep 2004062443.245.28$3,297
Aug 2004083442.375.55$4,629
Jul 2004058338.286.08$3,547
Jun 2004049836.106.43$3,204
May 2004059537.486.49$3,864
Apr 2004067734.475.86$3,966
Mar 2004087734.365.53$4,850
Feb 2004067532.455.51$3,719
Jan 200401,07632.036.30$6,778
Dec 2003091630.266.30$5,772
Nov 2003098028.804.60$4,503
Oct 2003093728.174.76$4,460
Sep 2003095226.314.75$4,521
Aug 200301,21629.765.13$6,238
Jul 2003096629.415.17$4,995
Jun 200301,19828.565.98$7,168
May 200301,46326.595.97$8,738
Apr 200301,57026.675.41$8,489
Mar 200301,76831.146.10$10,778
Feb 200301,56133.487.93$12,372
Jan 200301,78430.315.58$9,958
Dec 200201,78626.914.85$8,669
Nov 200201,66524.664.14$6,888
Oct 200201,81126.464.23$7,659
Sep 200201,81727.443.64$6,605
Aug 200201,97125.963.16$6,237
Jul 200201,95024.583.06$5,970
Jun 200202,04023.733.34$6,810
May 200202,21424.663.58$7,935
Apr 200202,19723.653.51$7,717
Mar 200202,24422.003.10$6,963
Feb 200202,37618.222.38$5,645
Jan 2002069917.172.38$1,661
Dec 20010016.932.36$0
Nov 200101,21618.072.41$2,925
Oct 200102,01619.782.53$5,098
Sep 2001085824.262.25$1,932
Aug 2001070024.873.05$2,137
Jul 200101,12823.933.20$3,606
Jun 200101,77224.563.82$6,776
May 200102,56625.524.31$11,053
Apr 20011682,10924.685.34$15,398
Mar 200103,29724.545.38$17,726
Feb 200103,03627.755.77$17,509
Jan 200103,19227.478.40$26,809
Dec 200002,33526.889.12$21,301
Nov 200002,91332.215.66$16,482
Oct 200003,48931.235.15$17,953
Sep 200003,44031.875.19$17,842
Aug 200004,00829.644.54$18,199
Jul 200004,42728.534.09$18,105
Jun 200004,55729.304.40$20,038
May 200005,60627.263.68$20,629
Apr 200006,35924.513.12$19,815
Mar 200004,47828.422.86$12,806
Feb 200004,14327.622.73$11,296
Jan 200004,47925.272.48$11,110
Dec 199905,14924.282.42$12,480
Nov 199904,97623.192.43$12,112
Oct 199904,54320.982.80$12,737
Sep 1999745,19021.752.62$15,201
Aug 199905,69919.262.88$16,388
Jul 199905,83417.892.37$13,840
Jun 199903,81115.942.36$9,002
May 199905,08115.792.32$11,793
Apr 199905,00515.102.21$11,051
Mar 199901,36412.471.84$2,507

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.

Aug 2007 — as filed, then multipliedworked
Condensate            36 bbl  × $ 69.06 =     $2,486
Gas                    0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $2,486

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/172481 is the state's own key, not one this site invented.