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 192642District 04Field 767234502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Dec 2002 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
282
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 Gas112004-05-17156696
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
CondensateDisposition5,639 bbl$304,546
GasProduction151,737 Mcf$923,295
Total$1,227,841

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 26.5707, -98.5451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57066, -98.54511 · 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
9,400 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
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 9,400 ft.

1 well

42-4273349959,400 ft

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 (282)

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

282 months

May 20260365106.413.05$1,112
Apr 2026023498.932.87$672
Mar 2026027589.753.15$866
Feb 2026028363.503.75$1,061
Jan 2026027959.138.00$2,231
Dec 2025019656.664.41$865
Nov 202508758.593.93$342
Oct 2025018959.383.30$625
Sep 2025034562.743.08$1,062
Aug 2025024863.933.01$748
Jul 2025012266.743.32$404
Jun 2025025666.483.13$801
May 202518326660.553.23$11,940
Apr 2025027762.363.54$981
Mar 2025020967.704.27$892
Feb 2025017370.884.34$751
Jan 2025018474.324.28$787
Dec 2024034468.993.12$1,074
Nov 2024036569.052.20$802
Oct 2024034971.372.28$796
Sep 2024027669.612.36$653
Aug 2024036775.632.06$757
Jul 2024028979.932.15$620
Jun 2024055478.082.63$1,459
May 2024031978.812.20$701
Apr 2024039684.451.66$657
Mar 2024040180.301.55$620
Feb 202418543276.091.78$14,847
Jan 2024042873.023.30$1,411
Dec 2023047571.262.61$1,240
Nov 2023044477.892.81$1,247
Oct 2023040085.443.09$1,235
Sep 2023047489.042.74$1,296
Aug 2023047980.522.67$1,280
Jul 2023050174.852.64$1,324
Jun 2023053168.962.26$1,199
May 2023053570.622.23$1,192
Apr 202318455278.122.24$15,609
Mar 2023054272.852.39$1,297
Feb 202318052875.112.47$14,822
Jan 2023068176.533.39$2,307
Dec 2022071076.415.73$4,068
Nov 2022076385.005.65$4,308
Oct 202218493087.185.86$21,494
Sep 2022098184.888.16$8,009
Aug 202201,53194.529.13$13,974
Jul 202201,427101.587.54$10,763
Jun 20221782,488115.097.98$40,333
May 202202,345109.378.43$19,775
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
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 20172045.373.26$91
Apr 20170047.933.21$0
Mar 2017120046.772.98$5,612
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 201611211445.352.69$5,385
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 201538040.162.87$1,526
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 201506943.433.10$214
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20141086.164.05$86
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 201462095.895.06$5,945
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130397.423.78$11
Sep 201308104.113.72$30
Aug 2013016104.253.52$56
Jul 201308102.523.72$30
Jun 201305994.403.93$232
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20132091.233.42$182
Jan 20130091.603.42$0
Dec 201201286.773.42$41
Nov 20120086.953.62$0
Oct 20120189.383.40$3
Sep 2012012994.672.92$376
Aug 201207292.662.91$209
Jul 2012010585.133.02$317
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012038101.652.00$76
Mar 20120152105.052.22$338
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011022996.873.24$742
Nov 20110095.723.31$0
Oct 2011016884.983.65$613
Sep 20110083.623.99$0
Aug 2011014683.404.15$606
Jul 2011013894.144.52$623
Jun 201108892.904.64$408
May 2011015098.134.40$661
Apr 20110192105.964.33$832
Mar 2011011996.364.06$483
Feb 2011013585.644.18$564
Jan 2011030086.504.59$1,377
Dec 2010027085.734.35$1,174
Nov 2010045680.843.80$1,731
Oct 2010066778.103.51$2,340
Sep 2010067472.633.98$2,682
Aug 2010022573.684.42$994
Jul 2010033072.554.74$1,563
Jun 2010020870.364.91$1,021
May 2010045771.124.24$1,936
Apr 2010025081.694.12$1,031
Mar 201018025778.394.39$15,238
Feb 2010010473.585.44$566
Jan 2010021474.365.96$1,276
Dec 2009039571.445.48$2,166
Nov 2009030274.593.75$1,133
Oct 2009020772.544.11$851
Sep 2009042565.543.06$1,303
Aug 2009041767.423.22$1,342
Jul 2009086461.133.46$2,993
Jun 2009017266.163.90$670
May 200901,13154.743.93$4,440
Apr 2009024846.773.59$890
Mar 200918142.144.06$371
Feb 2009013432.814.63$621
Jan 20090335.865.37$16
Dec 200805837.105.98$347
Nov 2008012855.496.86$878
Oct 200820356575.246.92$19,185
Sep 20080402101.767.88$3,167
Aug 20080114114.228.48$967
Jul 20080284131.0811.39$3,235
Jun 20080244131.3313.03$3,180
May 20080417123.1711.57$4,826
Apr 20080739110.3110.45$7,726
Mar 2008073101.909.66$705
Feb 2008027392.538.77$2,394
Jan 2008057190.388.21$4,685
Dec 2007027488.337.30$2,001
Nov 200713732091.677.29$14,892
Oct 2007074882.856.92$5,178
Sep 2007036875.846.24$2,298
Aug 2007033569.066.39$2,140
Jul 2007047670.906.39$3,041
Jun 2007067162.007.55$5,065
May 2007013658.747.85$1,067
Apr 2007041359.617.81$3,224
Mar 200718343056.927.30$13,556
Feb 2007047555.108.22$3,903
Jan 2007069050.306.73$4,642
Dec 2006068356.656.92$4,725
Nov 200619872754.207.62$16,270
Oct 2006091954.906.01$5,527
Sep 200601,00560.085.04$5,062
Aug 2006073468.717.34$5,388
Jul 2006084369.376.34$5,347
Jun 2006092166.286.38$5,880
May 2006036766.016.42$2,358
Apr 2006095964.397.36$7,059
Mar 200618859156.707.08$14,846
Feb 2006068657.597.75$5,317
Jan 200601,20260.598.93$10,738
Dec 200501,21354.9413.42$16,273
Nov 200501,18654.6910.59$12,558
Oct 20051971,46958.3413.80$31,759
Sep 200501,32961.4512.08$16,053
Aug 200501,13561.519.80$11,119
Jul 20051981,84155.697.84$25,467
Jun 200501,33152.337.38$9,824
May 200501,90645.226.65$12,677
Apr 20051983,26849.207.36$33,796
Mar 2005070550.377.15$5,044
Feb 2005057145.226.31$3,604
Jan 20051772,66243.166.32$24,469
Dec 200401,97639.866.75$13,340
Nov 20041943,32645.286.33$29,839
Oct 200406,02049.706.52$39,221
Sep 200420510,47143.245.28$64,192
Aug 20043889,89542.375.55$71,363
Jul 20041931,65038.286.08$17,427
Jun 200401,71436.106.43$11,026
May 200401,58437.486.49$10,287
Apr 200401,07834.475.86$6,315
Mar 20041931,49634.365.53$14,905
Feb 200401,58032.455.51$8,705
Jan 200401,43432.036.30$9,034
Dec 200301,27030.266.30$8,003
Nov 20032012,13228.804.60$15,586
Oct 200302,35728.174.76$11,218
Sep 200302,05826.314.75$9,774
Aug 20031952,33629.765.13$17,786
Jul 200302,25929.415.17$11,681
Jun 200302,68128.565.98$16,040
May 20031872,48926.595.97$19,838
Apr 200303,52426.675.41$19,055
Mar 20031934,50931.146.10$33,497
Feb 20032033,64333.487.93$35,670
Jan 200303,70830.315.58$20,698
Dec 20021962,32326.914.85$16,550

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                  365 Mcf  × $  3.05 =     $1,112

────────────────────────────────────────────────────
Month total                                   $1,112

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/192642 is the state's own key, not one this site invented.