COATES ENERGY TRUST GAS UNIT #1

Name: COATES ENERGY TRUST GAS UNIT #1 lease production and value, Mar 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HUGHES, DAN A. COMPANY, L.P. (P-5 411736) in the JEFFRESS (VICKSBURG S) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176936District 04Field 46088300CondensateGasSave Export

Value, all time

$12.3 M

Mar 2000 – Feb 2013

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

156

no gaps in the span

Streams

condensate, gas

The JEFFRESS (VICKSBURG S) 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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered

1968-12-30

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 2000-07-25.

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

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	16,143 bbl	$432,446
Gas	Production	2,944,925 Mcf	$11,900,596
Total			$12,333,042

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 26.4224, -98.4497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.42242, -98.44970 · 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

9,675 ft

1 wells filed one

Completion to plug

3.3 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 9,675 ft.

Completions filed

Jan 2009

1 of 1 wells

Plug dates filed

May 2012

1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21532731	2	9,675 ft	Jan 2009	May 2012	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 (156)

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

156 months


Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	96	0	86.77	3.42	$8,330
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	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	10	114.22	8.48	$85
Jul 2008	0	26	131.08	11.39	$296
Jun 2008	0	33	131.33	13.03	$430
May 2008	0	76	123.17	11.57	$880
Apr 2008	0	51	110.31	10.45	$533
Mar 2008	0	63	101.90	9.66	$609
Feb 2008	0	50	92.53	8.77	$439
Jan 2008	0	68	90.38	8.21	$558
Dec 2007	0	74	88.33	7.30	$540
Nov 2007	0	92	91.67	7.29	$671
Oct 2007	0	98	82.85	6.92	$678
Sep 2007	0	112	75.84	6.24	$699
Aug 2007	0	180	69.06	6.39	$1,150
Jul 2007	0	235	70.90	6.39	$1,501
Jun 2007	0	279	62.00	7.55	$2,106
May 2007	0	321	58.74	7.85	$2,519
Apr 2007	0	324	59.61	7.81	$2,529
Mar 2007	0	334	56.92	7.30	$2,439
Feb 2007	0	287	55.10	8.22	$2,358
Jan 2007	0	322	50.30	6.73	$2,166
Dec 2006	0	301	56.65	6.92	$2,082
Nov 2006	0	385	54.20	7.62	$2,933
Oct 2006	0	422	54.90	6.01	$2,538
Sep 2006	0	305	60.08	5.04	$1,536
Aug 2006	0	469	68.71	7.34	$3,442
Jul 2006	0	358	69.37	6.34	$2,271
Jun 2006	0	462	66.28	6.38	$2,949
May 2006	0	566	66.01	6.42	$3,637
Apr 2006	0	541	64.39	7.36	$3,982
Mar 2006	0	638	56.70	7.08	$4,519
Feb 2006	0	612	57.59	7.75	$4,744
Jan 2006	0	773	60.59	8.93	$6,905
Dec 2005	63	1,760	54.94	13.42	$27,072
Nov 2005	0	1,594	54.69	10.59	$16,878
Oct 2005	0	1,605	58.34	13.80	$22,142
Sep 2005	2	1,784	61.45	12.08	$21,672
Aug 2005	0	2,431	61.51	9.80	$23,816
Jul 2005	4	1,927	55.69	7.84	$15,337
Jun 2005	3	3,385	52.33	7.38	$25,142
May 2005	0	2,797	45.22	6.65	$18,603
Apr 2005	2	3,364	49.20	7.36	$24,859
Mar 2005	2	1,857	50.37	7.15	$13,387
Feb 2005	2	2,216	45.22	6.31	$14,078
Jan 2005	0	2,783	43.16	6.32	$17,595
Dec 2004	3	2,841	39.86	6.75	$19,299
Nov 2004	10	5,950	45.28	6.33	$38,119
Oct 2004	3	6,713	49.70	6.52	$43,885
Sep 2004	1	5,851	43.24	5.28	$30,959
Aug 2004	0	5,463	42.37	5.55	$30,323
Jul 2004	0	3,384	38.28	6.08	$20,589
Jun 2004	0	3,421	36.10	6.43	$22,007
May 2004	0	4,440	37.48	6.49	$28,836
Apr 2004	0	4,139	34.47	5.86	$24,248
Mar 2004	0	3,784	34.36	5.53	$20,926
Feb 2004	15	8,313	32.45	5.51	$46,288
Jan 2004	0	4,000	32.03	6.30	$25,199
Dec 2003	0	4,712	30.26	6.30	$29,693
Nov 2003	3	7,011	28.80	4.60	$32,303
Oct 2003	1	9,462	28.17	4.76	$45,064
Sep 2003	3	10,381	26.31	4.75	$49,382
Aug 2003	3	11,597	29.76	5.13	$59,579
Jul 2003	4	12,602	29.41	5.17	$65,281
Jun 2003	14	13,555	28.56	5.98	$81,499
May 2003	13	11,852	26.59	5.97	$71,134
Apr 2003	15	13,551	26.67	5.41	$73,674
Mar 2003	19	12,656	31.14	6.10	$77,743
Feb 2003	11	11,916	33.48	7.93	$94,813
Jan 2003	10	12,912	30.31	5.58	$72,378
Dec 2002	3	10,199	26.91	4.85	$49,584
Nov 2002	20	11,973	24.66	4.14	$50,025
Oct 2002	13	12,918	26.46	4.23	$54,976
Sep 2002	16	13,119	27.44	3.64	$48,129
Aug 2002	12	14,116	25.96	3.16	$44,977
Jul 2002	158	15,225	24.58	3.06	$50,499
Jun 2002	16	5,588	23.73	3.34	$19,034
May 2002	29	15,287	24.66	3.58	$55,504
Apr 2002	35	15,841	23.65	3.51	$56,466
Mar 2002	210	12,807	22.00	3.10	$44,357
Feb 2002	9	12,299	18.22	2.38	$29,382
Jan 2002	37	17,713	17.17	2.38	$42,716
Dec 2001	19	7,553	16.93	2.36	$18,180
Nov 2001	93	19,352	18.07	2.41	$48,232
Oct 2001	46	17,754	19.78	2.53	$45,808
Sep 2001	33	15,383	24.26	2.25	$35,433
Aug 2001	26	22,173	24.87	3.05	$68,344
Jul 2001	36	12,764	23.93	3.20	$41,669
Jun 2001	3	15,174	24.56	3.82	$58,101
May 2001	20	27,363	25.52	4.31	$118,372
Apr 2001	25	31,112	24.68	5.34	$166,609
Mar 2001	30	32,768	24.54	5.38	$176,911
Feb 2001	36	33,514	27.75	5.77	$194,277
Jan 2001	50	46,683	27.47	8.40	$393,453
Dec 2000	39	47,741	26.88	9.12	$436,566
Nov 2000	4	76,061	32.21	5.66	$430,482
Oct 2000	725	56,442	31.23	5.15	$313,064
Sep 2000	31	80,292	31.87	5.19	$417,422
Aug 2000	527	90,371	29.64	4.54	$425,972
Jul 2000	711	88,651	28.53	4.09	$382,845
Jun 2000	1,123	230,319	29.30	4.40	$1,045,674
May 2000	2,859	513,367	27.26	3.68	$1,966,999
Apr 2000	7,572	896,184	24.51	3.12	$2,978,099
Mar 2000	1,275	199,943	28.42	2.86	$608,022

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.

Dec 2012 — as filed, then multipliedworked

Condensate            96 bbl  × $ 86.77 =     $8,330
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $8,330

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/176936 is the state's own key, not one this site invented.