COATES ENERGY TRUST GAS UNIT #1

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

Gas lease lease 178136District 04Field 460884002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jul 2000 – Feb 2013
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
152
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
1969-09-15
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 2000-05-23.

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 Gas112003-12-22154051
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
CondensateDisposition2,043 bbl$58,379
GasProduction549,372 Mcf$2,634,536
Total$2,692,915

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 26.4202, -98.4502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.42022, -98.45022 · 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
10,482 ft
1 wells filed one
Completion to plug
6.4 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 10,482 ft.

Completions filed
Jan 2006
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21532737310,482 ftJan 2006Jun 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 (152)

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

152 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201267086.773.42$5,814
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 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 20070069.066.39$0
Jul 20070070.906.39$0
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 200677068.717.34$5,291
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 2005111254.9413.42$765
Nov 2005026154.6910.59$2,764
Oct 2005029658.3413.80$4,084
Sep 2005027161.4512.08$3,273
Aug 2005031161.519.80$3,047
Jul 2005031055.697.84$2,432
Jun 2005035052.337.38$2,583
May 2005035145.226.65$2,335
Apr 2005235749.207.36$2,726
Mar 2005032450.377.15$2,318
Feb 2005039245.226.31$2,474
Jan 2005045043.166.32$2,845
Dec 2004044639.866.75$3,011
Nov 2004049545.286.33$3,134
Oct 2004179949.706.52$5,255
Sep 2004247643.245.28$2,602
Aug 2004047342.375.55$2,625
Jul 2004040338.286.08$2,452
Jun 2004024236.106.43$1,557
May 2004025737.486.49$1,669
Apr 2004023934.475.86$1,400
Mar 2004052734.365.53$2,914
Feb 200451,13932.455.51$6,438
Jan 200402,40732.036.30$15,163
Dec 200302,33630.266.30$14,721
Nov 200312,47628.804.60$11,406
Oct 200313,14628.174.76$15,002
Sep 200353,39626.314.75$16,260
Aug 200323,16129.765.13$16,275
Jul 200313,26429.415.17$16,907
Jun 2003143,78728.565.98$23,057
May 2003164,21426.595.97$25,594
Apr 2003143,19526.675.41$17,650
Mar 2003203,03431.146.10$19,118
Feb 200362,53933.487.93$20,325
Jan 2003174,10930.315.58$23,452
Dec 200243,33826.914.85$16,309
Nov 2002274,33724.664.14$18,608
Oct 200274,73926.464.23$20,227
Sep 200294,84227.443.64$17,849
Aug 200285,00925.963.16$16,057
Jul 20021035,55224.583.06$19,531
Jun 20021015,19523.733.34$50,962
May 2002236,24824.663.58$22,960
Apr 2002206,63223.653.51$23,767
Mar 20021916,58722.003.10$24,640
Feb 2002256,99318.222.38$17,069
Jan 2002357,11317.172.38$17,499
Dec 20011013,80916.932.36$32,819
Nov 20012148,75818.072.41$24,935
Oct 2001249,85919.782.53$25,407
Sep 2001228,04024.262.25$18,634
Aug 200121011,58224.873.05$40,584
Jul 20013912,29223.933.20$40,232
Jun 2001219,48424.563.82$36,784
May 20013114,10425.524.31$61,542
Apr 200121212,48024.685.34$71,817
Mar 20013317,00324.545.38$92,225
Feb 20012615,73127.755.77$91,443
Jan 20013019,73527.478.40$166,574
Dec 20002926,52226.889.12$242,726
Nov 2000734,86232.215.66$197,475
Oct 20001332,92431.235.15$169,816
Sep 20003541,00031.875.19$213,762
Aug 2000066,70229.644.54$302,877
Jul 200036367,65528.534.09$287,048

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            67 bbl  × $ 86.77 =     $5,814
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,814

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/178136 is the state's own key, not one this site invented.