COATES ENERGY TRUST GAS UNIT #1

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

Gas lease lease 177382District 04Field 460892752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
May 2000 – Feb 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
154
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 other leases, and the rule below applies to all of them.

Discovered
1997-02-07
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 2000-06-06.

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 Gas112001-07-24144194
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
CondensateDisposition973 bbl$27,402
GasProduction410,335 Mcf$2,329,343
Total$2,356,745

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 26.4226, -98.4513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.42260, -98.45125 · 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
12.1 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
May 2000
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2153275549,000 ftMay 2000Jun 2012Yes

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 (154)

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

154 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201227086.773.42$2,343
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
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 20080644114.228.48$5,463
Jul 200801,801131.0811.39$20,512
Jun 200801,733131.3313.03$22,586
May 200801,372123.1711.57$15,880
Apr 200801,511110.3110.45$15,797
Mar 200821,601101.909.66$15,676
Feb 200821,41892.538.77$12,622
Jan 200801,62390.388.21$13,318
Dec 200731,52288.337.30$11,379
Nov 200711,64891.677.29$12,108
Oct 200731,75582.856.92$12,397
Sep 200711,65775.846.24$10,422
Aug 200731,70869.066.39$11,118
Jul 200711,58570.906.39$10,196
Jun 200711,54662.007.55$11,732
May 200751,54358.747.85$12,401
Apr 200701,67759.617.81$13,089
Mar 200721,84056.927.30$13,549
Feb 200731,71555.108.22$14,256
Jan 200701,73850.306.73$11,691
Dec 200631,66756.656.92$11,703
Nov 200612,19454.207.62$16,767
Oct 200622,33154.906.01$14,128
Sep 200601,75060.085.04$8,815
Aug 200632,32868.717.34$17,293
Jul 200601,42869.376.34$9,057
Jun 200601,95666.286.38$12,487
May 200602,06466.016.42$13,261
Apr 200601,94364.397.36$14,301
Mar 200602,02356.707.08$14,329
Feb 200671,91557.597.75$15,247
Jan 200602,10360.598.93$18,787
Dec 200522,23054.9413.42$30,026
Nov 200522,22054.6910.59$23,616
Oct 200522,27258.3413.80$31,461
Sep 200502,29161.4512.08$27,673
Aug 200502,86261.519.80$28,039
Jul 200522,13055.697.84$16,818
Jun 200522,35252.337.38$17,465
May 200502,17145.226.65$14,440
Apr 200502,15649.207.36$15,869
Mar 200522,21350.377.15$15,934
Feb 200522,20045.226.31$13,977
Jan 200522,37643.166.32$15,108
Dec 200432,28039.866.75$15,512
Nov 200432,43445.286.33$15,544
Oct 200402,56749.706.52$16,724
Sep 200402,22243.245.28$11,741
Aug 200402,00442.375.55$11,124
Jul 200401,73738.286.08$10,568
Jun 200401,84336.106.43$11,856
May 200402,15437.486.49$13,989
Apr 200401,88734.475.86$11,055
Mar 200402,26334.365.53$12,515
Feb 200472,32732.455.51$13,048
Jan 200402,31532.036.30$14,584
Dec 200302,39730.266.30$15,105
Nov 200332,34028.804.60$10,839
Oct 200322,83128.174.76$13,531
Sep 200362,81126.314.75$13,508
Aug 200303,08029.765.13$15,800
Jul 20031812,91829.415.17$20,412
Jun 200343,02728.565.98$18,225
May 200362,83126.595.97$17,068
Apr 200333,20926.675.41$17,432
Mar 200323,40631.146.10$20,825
Feb 200333,09433.487.93$24,623
Jan 200343,78830.315.58$21,266
Dec 2002173,42426.914.85$17,077
Nov 200203,61224.664.14$14,943
Oct 200213,96426.464.23$16,791
Sep 200203,85327.443.64$14,006
Aug 200244,08425.963.16$13,026
Jul 2002604,28124.583.06$14,582
Jun 200274,29423.733.34$14,501
May 200254,58124.663.58$16,542
Apr 200253,84123.653.51$13,609
Mar 20021883,22922.003.10$14,155
Feb 20021290418.222.38$2,366
Jan 2002132,35317.172.38$5,813
Dec 200154,19916.932.36$10,013
Nov 20012005,55018.072.41$16,965
Oct 200185,05419.782.53$12,939
Sep 200174,89024.262.25$11,179
Aug 200167,04324.873.05$21,653
Jul 200178,03623.933.20$25,859
Jun 200147,20824.563.82$27,663
May 200178,58225.524.31$37,144
Apr 2001129,22224.685.34$49,498
Mar 2001119,50024.545.38$51,346
Feb 2001118,89127.755.77$51,580
Jan 20011725,36227.478.40$213,476
Dec 20001511,67026.889.12$106,863
Nov 2000019,01532.215.66$107,587
Oct 2000811,75931.235.15$60,756
Sep 20001113,66731.875.19$71,234
Aug 2000017,21429.644.54$78,164
Jul 2000518,66428.534.09$76,474
Jun 20001219,74229.304.40$87,162
May 200028,07027.263.68$29,750

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            27 bbl  × $ 86.77 =     $2,343
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,343

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/177382 is the state's own key, not one this site invented.