COATES 553

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

Gas lease lease 181314District 04Field 767234502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Nov 2000 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
307
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1999-05-25
as the register files it
Field class
Oil and 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 2005-01-01.

The Commission's schedule remark for this field reads: PRORATION AND SAID ALLOWABLES SHALL BE SET AT CAPACITY.

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 Gas112004-07-12155842
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
CondensateDisposition21,754 bbl$1,012,841
GasProduction1,618,893 Mcf$8,619,653
Total$9,632,494

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 26.5798, -98.5475. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57978, -98.54754 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,930 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
00.0%
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.
1100.0%

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 7,930 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-42733282137,930 ftMar 2022

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 (307)

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

307 months

May 202603,158106.413.05$9,619
Apr 202602,81298.932.87$8,070
Mar 202602,83189.753.15$8,916
Feb 202602,53563.503.75$9,507
Jan 20261851,16359.138.00$20,241
Dec 202502,32356.664.41$10,252
Nov 202502,91158.593.93$11,430
Oct 202503,07859.383.30$10,172
Sep 202502,95162.743.08$9,080
Aug 202503,26263.933.01$9,834
Jul 202503,35966.743.32$11,136
Jun 202502,88166.483.13$9,014
May 202503,14960.553.23$10,179
Apr 202503,35962.363.54$11,901
Mar 202503,39767.704.27$14,499
Feb 202503,03970.884.34$13,192
Jan 202503,56774.324.28$15,262
Dec 202403,97068.993.12$12,392
Nov 20241814,22569.052.20$21,786
Oct 202405,44971.372.28$12,431
Sep 202403,46069.612.36$8,181
Aug 202402,12675.632.06$4,387
Jul 202403,98079.932.15$8,543
Jun 202403,75678.082.63$9,893
May 202403,22278.812.20$7,083
Apr 202404,52084.451.66$7,500
Mar 202404,31380.301.55$6,664
Feb 20241882,13376.091.78$18,109
Jan 202402,30573.023.30$7,601
Dec 202304,71171.262.61$12,299
Nov 20231894,70777.892.81$27,936
Oct 202305,39885.443.09$16,665
Sep 202304,71089.042.74$12,882
Aug 202305,58680.522.67$14,931
Jul 202305,90874.852.64$15,608
Jun 20231816,18368.962.26$26,446
May 202307,00870.622.23$15,610
Apr 20231837,09078.122.24$30,162
Mar 202307,16572.852.39$17,147
Feb 20231867,75875.112.47$33,099
Jan 202309,68076.533.39$32,793
Dec 202218510,63076.415.73$75,036
Nov 202217311,37685.005.65$78,936
Oct 202218714,59887.185.86$101,902
Sep 202218814,49484.888.16$134,282
Aug 202218418,95694.529.13$190,406
Jul 202236027,483101.587.54$243,848
Jun 202236334,713115.097.98$318,690
May 20221,10443,396109.378.43$486,705
Apr 20222,00648,624104.226.84$541,537
Mar 202205,004108.885.08$25,402
Feb 2022030991.054.86$1,501
Jan 2022025581.844.54$1,157
Dec 2021027671.323.90$1,076
Nov 2021022977.435.24$1,199
Oct 2021018279.795.71$1,040
Sep 2021019169.865.35$1,022
Aug 2021017166.024.22$722
Jul 2021020870.783.98$828
Jun 2021016869.493.38$568
May 2021023863.483.02$718
Apr 2021024760.362.76$681
Mar 2021018961.302.72$514
Feb 2021017557.805.55$971
Jan 2021026950.412.81$756
Dec 2020025844.642.68$690
Nov 2020030538.772.71$826
Oct 2020024436.972.48$605
Sep 2020028337.091.99$563
Aug 2020019739.982.39$470
Jul 2020027538.371.83$502
Jun 2020024234.901.69$409
May 202009716.921.81$176
Apr 2020023814.751.80$429
Mar 2020023530.341.86$436
Feb 2020019949.881.98$394
Jan 2020027257.252.09$570
Dec 2019037859.012.30$871
Nov 2019022655.302.75$622
Oct 2019029353.472.42$709
Sep 2019029555.052.66$784
Aug 2019044653.112.30$1,028
Jul 2019069456.272.46$1,707
Jun 2019059152.782.49$1,472
May 2019074758.482.74$2,047
Apr 201901,11362.632.75$3,062
Mar 201901,34656.803.06$4,122
Feb 201901,20550.852.79$3,365
Jan 201901,36046.033.23$4,390
Dec 201801,39546.594.19$5,839
Nov 201801,62452.934.24$6,881
Oct 201801,64161.443.40$5,576
Sep 201801,45659.543.11$4,525
Aug 2018040759.403.07$1,248
Jul 2018048465.142.93$1,419
Jun 2018031960.183.08$982
May 2018045265.382.90$1,311
Apr 2018038763.842.90$1,123
Mar 2018042561.222.79$1,184
Feb 2018035861.782.77$990
Jan 2018039862.874.01$1,596
Dec 2017036557.272.92$1,066
Nov 201705755.423.12$178
Oct 2017034749.292.98$1,035
Sep 2017024447.523.09$753
Aug 20170045.373.00$0
Jul 2017035943.873.09$1,108
Jun 2017047042.493.09$1,451
May 2017153845.373.26$1,801
Apr 2017042747.933.21$1,371
Mar 20176241946.772.98$4,150
Feb 2017042150.452.95$1,243
Jan 2017037049.413.42$1,265
Dec 2016035448.763.72$1,318
Nov 2016037042.492.64$978
Oct 2016035546.193.09$1,097
Sep 2016036041.553.10$1,116
Aug 2016041841.442.92$1,222
Jul 2016027441.622.92$801
Jun 20165842345.352.69$3,766
May 2016028042.521.99$557
Apr 2016023236.561.99$462
Mar 201607233.011.79$129
Feb 2016027826.472.06$574
Jan 201604427.352.36$104
Dec 2015012632.362.00$252
Nov 2015031838.792.17$689
Oct 2015023643.552.43$573
Sep 2015022942.992.76$632
Aug 2015024640.162.87$707
Jul 2015022448.152.95$660
Jun 2015024356.152.88$701
May 2015020255.212.96$597
Apr 2015029349.822.71$793
Mar 20150042.892.93$0
Feb 201502844.662.98$83
Jan 2015021643.433.10$670
Dec 2014031454.693.59$1,128
Nov 201408870.464.25$374
Oct 2014033678.303.90$1,311
Sep 20141126686.164.05$2,024
Aug 2014033989.394.04$1,368
Jul 2014027396.564.18$1,141
Jun 2014043098.164.74$2,037
May 2014035394.734.73$1,668
Apr 2014030795.944.81$1,476
Mar 20148145795.895.06$10,078
Feb 2014741397.406.19$3,239
Jan 2014047790.404.86$2,319
Dec 201301,20091.824.35$5,225
Nov 2013074888.853.74$2,796
Oct 201301,47797.423.78$5,582
Sep 201301,579104.113.72$5,870
Aug 20130680104.253.52$2,395
Jul 20130354102.523.72$1,316
Jun 2013033594.403.93$1,318
May 2013032394.834.15$1,340
Apr 2013030493.964.28$1,302
Mar 2013033993.623.91$1,326
Feb 20131757291.233.42$3,507
Jan 2013038091.603.42$1,300
Dec 2012025486.773.42$869
Nov 2012025986.953.62$939
Oct 2012030689.383.40$1,040
Sep 2012035094.672.92$1,021
Aug 2012058092.662.91$1,687
Jul 2012051785.133.02$1,562
Jun 2012057579.822.52$1,448
May 2012030191.612.49$749
Apr 20120326101.652.00$651
Mar 20120319105.052.22$709
Feb 20120309101.102.57$794
Jan 2012037698.092.73$1,028
Dec 2011029596.873.24$956
Nov 2011037695.723.31$1,245
Oct 2011051384.983.65$1,872
Sep 2011074883.623.99$2,981
Aug 2011069383.404.15$2,875
Jul 2011099494.144.52$4,490
Jun 201101,32992.904.64$6,166
May 201101,37498.134.40$6,052
Apr 201101,061105.964.33$4,598
Mar 2011092196.364.06$3,737
Feb 201101,09685.644.18$4,581
Jan 201101,15786.504.59$5,309
Dec 2010077485.734.35$3,365
Nov 2010076280.843.80$2,892
Oct 2010088078.103.51$3,088
Sep 201001,11972.633.98$4,453
Aug 201001,18473.684.42$5,233
Jul 201001,07772.554.74$5,101
Jun 201001,04270.364.91$5,117
May 2010086671.124.24$3,668
Apr 201001,11881.694.12$4,609
Mar 201001,48778.394.39$6,526
Feb 2010040573.585.44$2,204
Jan 2010086974.365.96$5,183
Dec 200901,27071.445.48$6,964
Nov 200901,73074.593.75$6,490
Oct 200901,70672.544.11$7,012
Sep 200901,07165.543.06$3,282
Aug 2009064767.423.22$2,082
Jul 200918769561.133.46$13,839
Jun 2009057966.163.90$2,255
May 2009071954.743.93$2,823
Apr 2009059046.773.59$2,117
Mar 2009941242.144.06$2,052
Feb 2009056732.814.63$2,627
Jan 2009057935.865.37$3,110
Dec 2008084937.105.98$5,075
Nov 200801,82655.496.86$12,527
Oct 2008141,73675.246.92$13,070
Sep 20080879101.767.88$6,924
Aug 200801,363114.228.48$11,562
Jul 200802,082131.0811.39$23,713
Jun 200802,500131.3313.03$32,582
May 200802,636123.1711.57$30,510
Apr 200802,833110.3110.45$29,619
Mar 200802,504101.909.66$24,199
Feb 200801,98692.538.77$17,418
Jan 200801,31490.388.21$10,782
Dec 200701,76688.337.30$12,895
Nov 200701,66891.677.29$12,163
Oct 200701,69582.856.92$11,733
Sep 200702,34675.846.24$14,649
Aug 200702,71669.066.39$17,350
Jul 200702,77670.906.39$17,733
Jun 200702,02362.007.55$15,271
May 200702,77458.747.85$21,766
Apr 200702,89459.617.81$22,588
Mar 200702,63256.927.30$19,219
Feb 200702,04355.108.22$16,785
Jan 200702,54750.306.73$17,133
Dec 200602,14256.656.92$14,819
Nov 200602,79254.207.62$21,268
Oct 200602,87254.906.01$17,272
Sep 200602,70760.085.04$13,636
Aug 200602,51668.717.34$18,467
Jul 200602,46269.376.34$15,616
Jun 200603,56266.286.38$22,739
May 200603,89766.016.42$25,038
Apr 200603,37064.397.36$24,805
Mar 200603,09756.707.08$21,936
Feb 200603,19057.597.75$24,726
Jan 200604,07160.598.93$36,368
Dec 200503,78854.9413.42$50,818
Nov 200503,86854.6910.59$40,956
Oct 200504,32858.3413.80$59,708
Sep 200504,32161.4512.08$52,193
Aug 200504,88061.519.80$47,809
Jul 200504,20855.697.84$33,006
Jun 200503,60952.337.38$26,638
May 200503,91845.226.65$26,059
Apr 20051364,17649.207.36$37,429
Mar 200505,07150.377.15$36,282
Feb 200505,17845.226.31$32,683
Jan 20052015,80243.166.32$45,357
Dec 200404,51139.866.75$30,454
Nov 200404,50845.286.33$28,538
Oct 200406,46149.706.52$42,094
Sep 200406,05843.245.28$32,010
Aug 20041927,52042.375.55$49,876
Jul 200408,20638.286.08$49,927
Jun 200405,68336.106.43$36,559
May 20041933,03937.486.49$26,971
Apr 200402,56334.475.86$15,015
Mar 200402,63234.365.53$14,555
Feb 200403,25032.455.51$17,906
Jan 200403,55932.036.30$22,420
Dec 200303,48430.266.30$21,955
Nov 200305,31428.804.60$24,419
Oct 20031985,26028.174.76$30,613
Sep 200306,57626.314.75$31,232
Aug 200307,77329.765.13$39,873
Jul 20032027,09529.415.17$42,628
Jun 200307,96928.565.98$47,678
May 20031918,62426.595.97$56,587
Apr 200308,14026.675.41$44,015
Mar 200306,19431.146.10$37,759
Feb 20031975,29933.487.93$48,595
Jan 200307,65330.315.58$42,719
Dec 20021959,25026.914.85$50,145
Nov 20021999,12424.664.14$42,653
Oct 2002012,14126.464.23$51,346
Sep 200209,30327.443.64$33,818
Aug 200218512,17025.963.16$43,310
Jul 2002013,43824.583.06$41,144
Jun 200219510,39623.733.34$39,332
May 2002013,56124.663.58$48,603
Apr 200219315,97123.653.51$60,660
Mar 200219418,25522.003.10$60,908
Feb 200218317,77618.222.38$45,564
Jan 200219621,16017.172.38$53,635
Dec 200119523,69316.932.36$59,321
Nov 200119726,36318.072.41$66,977
Oct 200135130,43019.782.53$83,897
Sep 200119532,47824.262.25$77,849
Aug 200136738,88124.873.05$127,837
Jul 200154645,14823.933.20$157,408
Jun 200170846,85024.563.82$196,550
May 200189757,99625.524.31$272,699
Apr 200171562,69524.685.34$352,144
Mar 20011,45683,60524.545.38$485,228
Feb 20011,86187,75527.755.77$557,733
Jan 20012,522104,24427.478.40$944,800
Dec 20002,20456,86326.889.12$577,976
Nov 20000032.215.66$0

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                3,158 Mcf  × $  3.05 =     $9,619

────────────────────────────────────────────────────
Month total                                   $9,619

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/181314 is the state's own key, not one this site invented.