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 180085District 04Field 460894902 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.5 M
Oct 2000 – Mar 2018
Value, last 12 filed months
$745
at the published price for each month
Months reported
210
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 Gas112003-06-16150382
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
CondensateDisposition10,137 bbl$346,894
GasProduction2,386,629 Mcf$13,141,206
Total$13,488,101

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 26.4045, -98.4371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40450, -98.43708 · 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
10,400 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 10,400 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-215327863310,400 ftOct 2014Yes

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 (210)

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

210 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201713057.272.92$745
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 201559043.552.43$2,569
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 20130197.423.78$4
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130294.834.15$8
Apr 20130293.964.28$9
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
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 201201101.652.00$2
Mar 201207105.052.22$16
Feb 201202101.102.57$5
Jan 20120398.092.73$8
Dec 20110396.873.24$10
Nov 20110395.723.31$10
Oct 20110184.983.65$4
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110194.144.52$5
Jun 20110292.904.64$9
May 20111212098.134.40$1,706
Apr 20112224105.964.33$2,435
Mar 2011202296.364.06$2,016
Feb 2011162985.644.18$1,491
Jan 2011132686.504.59$1,244
Dec 2010266185.734.35$2,494
Nov 2010186080.843.80$1,683
Oct 2010234978.103.51$1,968
Sep 2010117972.633.98$1,113
Aug 20102014573.684.42$2,114
Jul 20101666272.554.74$4,296
Jun 20101542370.364.91$3,133
May 2010865771.124.24$3,352
Apr 20102662881.694.12$4,713
Mar 20101956678.394.39$3,973
Feb 201012173.585.44$888
Jan 201001474.365.96$84
Dec 200905371.445.48$291
Nov 2009473074.593.75$3,037
Oct 2009396572.544.11$4,184
Sep 200921,08665.543.06$3,459
Aug 200941,43667.423.22$4,891
Jul 200931,54861.133.46$5,546
Jun 200931,24666.163.90$5,052
May 200981,52454.743.93$6,421
Apr 2009201,44146.773.59$6,105
Mar 2009871,43842.144.06$9,503
Feb 20091221,23832.814.63$9,738
Jan 20091091,21535.865.37$10,435
Dec 2008621,09737.105.98$8,857
Nov 20081101,20555.496.86$14,371
Oct 20087894975.246.92$12,438
Sep 200829475101.767.88$6,693
Aug 20080420114.228.48$3,563
Jul 2008018131.0811.39$205
Jun 2008064131.3313.03$834
May 200818148123.1711.57$3,930
Apr 200801,159110.3110.45$12,117
Mar 200801,876101.909.66$18,130
Feb 20081112,13992.538.77$29,031
Jan 200802,01190.388.21$16,502
Dec 200702,08888.337.30$15,247
Nov 200702,08291.677.29$15,181
Oct 200702,22082.856.92$15,367
Sep 200720088075.846.24$20,663
Aug 200701,72269.066.39$11,000
Jul 200701,45070.906.39$9,263
Jun 200701,44062.007.55$10,870
May 2007083958.747.85$6,583
Apr 2007097659.617.81$7,618
Mar 200701,72456.927.30$12,589
Feb 200701,47355.108.22$12,102
Jan 2007053450.306.73$3,592
Dec 200601,81356.656.92$12,543
Nov 200602,66054.207.62$20,263
Oct 200602,63354.906.01$15,834
Sep 200602,45060.085.04$12,341
Aug 200602,36068.717.34$17,322
Jul 200602,58669.376.34$16,402
Jun 200602,56266.286.38$16,356
May 200602,58066.016.42$16,577
Apr 200602,53464.397.36$18,651
Mar 200602,26856.707.08$16,064
Feb 200602,08957.597.75$16,192
Jan 200602,46960.598.93$22,056
Dec 2005065254.9413.42$8,747
Nov 200502,91454.6910.59$30,855
Oct 200502,68558.3413.80$37,042
Sep 200503,04861.4512.08$36,817
Aug 200502,46161.519.80$24,110
Jul 20051973,04755.697.84$34,871
Jun 200503,55852.337.38$26,262
May 200503,73145.226.65$24,815
Apr 200503,49949.207.36$25,754
Mar 200503,70850.377.15$26,530
Feb 200502,81345.226.31$17,755
Jan 20051594,00243.166.32$32,164
Dec 200402,76239.866.75$18,646
Nov 200404,06145.286.33$25,708
Oct 200403,72749.706.52$24,282
Sep 200404,55443.245.28$24,063
Aug 200405,09542.375.55$28,281
Jul 200405,18538.286.08$31,546
Jun 200405,05036.106.43$32,487
May 20041895,66637.486.49$43,882
Apr 200405,73234.475.86$33,581
Mar 200406,51534.365.53$36,029
Feb 200405,51932.455.51$30,408
Jan 200402,18432.036.30$13,758
Dec 200305,90630.266.30$37,217
Nov 200308,07028.804.60$37,083
Oct 200309,53728.174.76$45,393
Sep 200308,08926.314.75$38,418
Aug 200309,25929.765.13$47,496
Jul 200301,76429.415.17$9,121
Jun 2003016428.565.98$981
May 2003014126.595.97$842
Apr 20031873,17826.675.41$22,172
Mar 200309,97131.146.10$60,784
Feb 200309,59233.487.93$76,025
Jan 200309,84830.315.58$54,972
Dec 2002010,24926.914.85$49,746
Nov 200219311,63024.664.14$52,872
Oct 200219013,02726.464.23$60,120
Sep 2002013,18727.443.64$47,937
Aug 2002014,34625.963.16$45,393
Jul 200219415,17524.583.06$51,231
Jun 2002016,50723.733.34$55,104
May 2002018,72724.663.58$67,118
Apr 2002019,41023.653.51$68,174
Mar 200217721,80122.003.10$71,536
Feb 200219719,32618.222.38$49,502
Jan 2002018,99317.172.38$45,121
Dec 2001020,55416.932.36$48,598
Nov 2001025,01718.072.41$60,179
Oct 2001034,32119.782.53$86,794
Sep 200137038,60424.262.25$95,886
Aug 200118343,77024.873.05$138,188
Jul 200119050,92323.933.20$167,352
Jun 200118857,58524.563.82$224,832
May 2001070,30425.524.31$302,822
Apr 200118979,22224.685.34$427,339
Mar 2001095,79424.545.38$515,031
Feb 2001376114,47027.755.77$670,592
Jan 2001399166,79827.478.40$1,411,857
Dec 2000935187,51426.889.12$1,735,729
Nov 20001,335302,23232.215.66$1,753,029
Oct 20002,967663,94931.235.15$3,509,009

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            13 bbl  × $ 57.27 =       $745
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $745

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/180085 is the state's own key, not one this site invented.