COATES "A"

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

Gas lease lease 177917District 04Field 460894902 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.4 M
May 2000 – Mar 2018
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
215
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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
2000-03-29
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: 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 Gas112005-09-08163077
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
CondensateDisposition14,139 bbl$537,530
GasProduction4,776,199 Mcf$23,888,494
Total$24,426,024

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 26.4071, -98.4308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40708, -98.43079 · 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
0.0%
0 of 1 wells
Median depth
10,000 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
1100.0%
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.
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 10,000 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-215327503110,000 ftFeb 2015Yes

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 (215)

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

215 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201760057.272.92$3,436
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
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 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013054104.113.72$201
Aug 201356117104.253.52$6,250
Jul 20130128102.523.72$476
Jun 2013015094.403.93$590
May 2013014994.834.15$618
Apr 2013012393.964.28$527
Mar 201308893.623.91$344
Feb 201307691.233.42$260
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012011186.953.62$402
Oct 201201789.383.40$58
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 2012090101.652.00$180
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 2011636384.983.65$1,834
Sep 2011014883.623.99$590
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201104892.904.64$223
May 2011525998.134.40$1,632
Apr 201111528105.964.33$3,454
Mar 2011121,66796.364.06$7,920
Feb 2011102,69185.644.18$12,105
Jan 201163,00386.504.59$14,299
Dec 2010142,90485.734.35$13,826
Nov 2010103,96280.843.80$15,846
Oct 2010115,04678.103.51$18,565
Sep 201065,05472.633.98$20,548
Aug 2010105,14473.684.42$23,470
Jul 201085,23772.554.74$25,385
Jun 201074,90270.364.91$24,563
May 201045,89671.124.24$25,255
Apr 2010133,56281.694.12$15,747
Mar 201082,78478.394.39$12,845
Feb 201053,68373.585.44$20,412
Jan 2010222674.365.96$1,497
Dec 2009342,45071.445.48$15,864
Nov 2009204,31174.593.75$17,665
Oct 2009245,69972.544.11$25,165
Sep 2009225,61765.543.06$18,657
Aug 2009306,08567.423.22$21,607
Jul 2009215,50061.133.46$20,338
Jun 2009121,46466.163.90$6,496
May 20091356,26454.743.93$31,981
Apr 2009705,86746.773.59$24,322
Mar 20093524,07442.144.06$31,370
Feb 2009975032.814.63$3,770
Jan 2009774035.865.37$4,226
Dec 2008574637.105.98$4,644
Nov 2008612,24355.496.86$18,773
Oct 20081113,20575.246.92$30,537
Sep 20081034,757101.767.88$47,953
Aug 20081396,582114.228.48$71,712
Jul 20081076,234131.0811.39$85,027
Jun 20081546,238131.3313.03$101,522
May 200821113,094123.1711.57$177,543
Apr 20083356,153110.3110.45$101,283
Mar 200805,988101.909.66$57,868
Feb 200804,63092.538.77$40,608
Jan 2008113,73290.388.21$31,618
Dec 2007053288.337.30$3,885
Nov 2007013191.677.29$955
Oct 2007094382.856.92$6,527
Sep 200701,68975.846.24$10,546
Aug 200706,71069.066.39$42,863
Jul 200706,48970.906.39$41,451
Jun 200706,43262.007.55$48,552
May 200707,05358.747.85$55,340
Apr 200705,07059.617.81$39,572
Mar 200705,78556.927.30$42,242
Feb 200704,11555.108.22$33,809
Jan 20071721,40650.306.73$18,110
Dec 200603,32956.656.92$23,031
Nov 200606,55054.207.62$49,894
Oct 200607,28054.906.01$43,780
Sep 200608,05160.085.04$40,555
Aug 200609,30068.717.34$68,261
Jul 200609,39769.376.34$59,603
Jun 200609,31266.286.38$59,447
May 200608,48766.016.42$54,529
Apr 200608,96464.397.36$65,979
Mar 200609,26256.707.08$65,602
Feb 200609,58057.597.75$74,256
Jan 200609,51960.598.93$85,036
Dec 200507,94754.9413.42$106,612
Nov 200509,74654.6910.59$103,195
Oct 200507,56058.3413.80$104,296
Sep 2005010,09461.4512.08$121,925
Aug 2005011,06661.519.80$108,412
Jul 200510610,60055.697.84$89,046
Jun 2005011,02052.337.38$81,339
May 2005012,60745.226.65$83,851
Apr 2005011,07349.207.36$81,503
Mar 2005011,40050.377.15$81,566
Feb 200509,60445.226.31$60,620
Jan 200518011,50443.166.32$80,499
Dec 200408,82039.866.75$59,545
Nov 2004010,95745.286.33$69,362
Oct 2004011,87349.706.52$77,354
Sep 2004012,31843.245.28$65,087
Aug 2004013,31242.375.55$73,890
Jul 200419213,52638.286.08$89,644
Jun 2004013,58836.106.43$87,412
May 2004014,66237.486.49$95,224
Apr 2004013,00834.475.86$76,207
Mar 200409,75234.365.53$53,930
Feb 200405,66032.455.51$31,184
Jan 200409,82632.036.30$61,900
Dec 2003012,56730.266.30$79,193
Nov 200308,56028.804.60$39,335
Oct 2003016,27328.174.76$77,454
Sep 2003018,70626.314.75$88,842
Aug 2003018,24629.765.13$93,597
Jul 2003016,06929.415.17$83,090
Jun 2003015,22028.565.98$91,061
May 200317615,27626.595.97$95,919
Apr 2003012,78026.675.41$69,105
Mar 2003017,39231.146.10$106,022
Feb 2003013,43033.487.93$106,445
Jan 2003018,52630.315.58$103,413
Dec 2002020,70626.914.85$100,502
Nov 200219620,75424.664.14$90,692
Oct 2002022,12126.464.23$93,552
Sep 2002021,59027.443.64$78,484
Aug 200218722,72425.963.16$76,757
Jul 2002022,92224.583.06$70,182
Jun 2002029,43823.733.34$98,271
May 2002025,88924.663.58$92,786
Apr 2002225,30823.653.51$88,937
Mar 200236426,64522.003.10$90,680
Feb 2002025,19018.222.38$59,843
Jan 2002229,16717.172.38$69,326
Dec 2001031,91316.932.36$75,455
Nov 200118431,44818.072.41$78,974
Oct 2001232,21219.782.53$81,500
Sep 2001634,77924.262.25$78,444
Aug 2001039,82024.873.05$121,577
Jul 200118534,71023.933.20$115,398
Jun 2001059,85324.563.82$228,887
May 200138080,16825.524.31$355,007
Apr 200119185,73824.685.34$462,154
Mar 2001183102,27724.545.38$554,377
Feb 2001178106,83627.755.77$621,071
Jan 2001181126,92027.478.40$1,070,943
Dec 2000375164,67726.889.12$1,512,346
Nov 2000392195,97232.215.66$1,121,436
Oct 2000291243,09231.235.15$1,259,918
Sep 2000558295,84531.875.19$1,552,184
Aug 2000545330,08029.644.54$1,514,965
Jul 20001,277484,30028.534.09$2,017,099
Jun 20001,996830,83329.304.40$3,711,863
May 20003,401411,68527.263.68$1,607,609

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 2017 — as filed, then multipliedworked
Condensate            60 bbl  × $ 57.27 =     $3,436
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $3,436

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/177917 is the state's own key, not one this site invented.