COATES "A"

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

Gas lease lease 227020District 04Field 460895002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.8 M
Apr 2007 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
230
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 56 leases and 56 wells, and the rule below applies to all of them.

Discovered
1971-02-13
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 1999-09-14.

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 Gas112007-11-05177766
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
CondensateDisposition20,215 bbl$1,517,909
GasProduction2,242,789 Mcf$15,317,745
Total$16,835,654

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 26.4113, -98.4435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.41126, -98.44354 · 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
13,380 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 13,380 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-215336033613,380 ftMar 2008

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 (230)

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

230 months

May 20260158106.413.05$481
Apr 2026016898.932.87$482
Mar 2026014289.753.15$447
Feb 2026016863.503.75$630
Jan 2026016059.138.00$1,280
Dec 2025014356.664.41$631
Nov 2025013758.593.93$538
Oct 2025017159.383.30$565
Sep 2025011862.743.08$363
Aug 202505663.933.01$169
Jul 202505466.743.32$179
Jun 202502066.483.13$63
May 202504660.553.23$149
Apr 202508062.363.54$283
Mar 202505167.704.27$218
Feb 202505470.884.34$234
Jan 202506174.324.28$261
Dec 202405168.993.12$159
Nov 202407069.052.20$154
Oct 2024015371.372.28$349
Sep 2024012369.612.36$291
Aug 2024011675.632.06$239
Jul 2024012679.932.15$270
Jun 2024013878.082.63$363
May 2024013278.812.20$290
Apr 2024012784.451.66$211
Mar 2024013780.301.55$212
Feb 2024013276.091.78$235
Jan 2024012173.023.30$399
Dec 2023012971.262.61$337
Nov 2023014877.892.81$416
Oct 2023010485.443.09$321
Sep 2023011189.042.74$304
Aug 2023011380.522.67$302
Jul 2023014374.852.64$378
Jun 202309968.962.26$224
May 2023012170.622.23$270
Apr 202309778.122.24$217
Mar 2023010572.852.39$251
Feb 2023011275.112.47$276
Jan 2023014176.533.39$478
Dec 2022011576.415.73$659
Nov 2022011185.005.65$627
Oct 2022011587.185.86$674
Sep 202209684.888.16$784
Aug 2022010594.529.13$958
Jul 20220121101.587.54$913
Jun 2022084115.097.98$670
May 20220124109.378.43$1,046
Apr 20220128104.226.84$875
Mar 20220111108.885.08$563
Feb 2022010791.054.86$520
Jan 2022017781.844.54$803
Dec 2021017371.323.90$675
Nov 2021020877.435.24$1,089
Oct 2021042379.795.71$2,417
Sep 2021049169.865.35$2,627
Aug 2021073866.024.22$3,115
Jul 2021060370.783.98$2,401
Jun 2021083469.493.38$2,819
May 202101,16363.483.02$3,510
Apr 2021067660.362.76$1,865
Mar 202101,14461.302.72$3,108
Feb 202101,08957.805.55$6,042
Jan 202101,02850.412.81$2,889
Dec 20204579244.642.68$4,128
Nov 202001,45938.772.71$3,949
Oct 202001,20936.972.48$2,996
Sep 2020118737.091.99$409
Aug 2020110239.982.39$283
Jul 2020110438.371.83$228
Jun 2020115834.901.69$302
May 2020024116.921.81$437
Apr 2020012914.751.80$233
Mar 2020014730.341.86$273
Feb 2020019749.881.98$390
Jan 2020018857.252.09$394
Dec 2019017259.012.30$396
Nov 2019121955.302.75$658
Oct 2019024653.472.42$595
Sep 2019036955.052.66$981
Aug 2019178153.112.30$1,853
Jul 201911,28456.272.46$3,215
Jun 201901,11152.782.49$2,768
May 2019198958.482.74$2,769
Apr 2019134962.632.75$1,023
Mar 2019167156.803.06$2,111
Feb 2019023050.852.79$642
Jan 2019129746.033.23$1,005
Dec 2018129946.594.19$1,298
Nov 2018128452.934.24$1,256
Oct 2018031261.443.40$1,060
Sep 2018021059.543.11$653
Aug 2018031859.403.07$975
Jul 2018021165.142.93$619
Jun 2018126560.183.08$876
May 2018132565.382.90$1,008
Apr 2018131563.842.90$978
Mar 2018126461.222.79$797
Feb 2018034561.782.77$954
Jan 2018128862.874.01$1,218
Dec 2017183457.272.92$1,130
Nov 2017032555.423.12$1,013
Oct 2017129149.292.98$918
Sep 2017042447.523.09$1,309
Aug 2017027745.373.00$832
Jul 2017037243.873.09$1,148
Jun 2017028042.493.09$864
May 201712014145.373.26$5,905
Apr 2017111647.933.21$420
Mar 2017223546.772.98$795
Feb 2017319450.452.95$724
Jan 2017313849.413.42$620
Dec 2016215048.763.72$656
Nov 2016217642.492.64$550
Oct 2016015546.193.09$479
Sep 2016113541.553.10$460
Aug 2016114041.442.92$451
Jul 2016024241.622.92$708
Jun 2016040645.352.69$1,090
May 2016033042.521.99$657
Apr 2016034036.561.99$677
Mar 2016029733.011.79$533
Feb 2016041826.472.06$863
Jan 2016029527.352.36$697
Dec 2015028332.362.00$566
Nov 20159429738.792.17$4,290
Oct 2015138043.552.43$966
Sep 2015152642.992.76$1,494
Aug 2015071540.162.87$2,054
Jul 2015082448.152.95$2,427
Jun 201511,13256.152.88$3,320
May 201532,53155.212.96$7,646
Apr 201532,24049.822.71$6,212
Mar 201523,40542.892.93$10,078
Feb 20151761,15444.662.98$11,295
Jan 2015062343.433.10$1,932
Dec 2014062654.693.59$2,248
Nov 2014068470.464.25$2,908
Oct 2014062678.303.90$2,442
Sep 2014194286.164.05$3,897
Aug 201431,62989.394.04$6,841
Jul 201422,11796.564.18$9,041
Jun 201412,65698.164.74$12,679
May 201401,54594.734.73$7,303
Apr 2014070695.944.81$3,395
Mar 201401,06795.895.06$5,396
Feb 2014096297.406.19$5,957
Jan 2014085890.404.86$4,171
Dec 2013198991.824.35$4,398
Nov 201311,23588.853.74$4,706
Oct 201361,68697.423.78$6,957
Sep 201332,680104.113.72$10,276
Aug 20131325,198104.253.52$32,072
Jul 201305,876102.523.72$21,845
Jun 201323,82494.403.93$15,230
May 201353,86494.834.15$16,506
Apr 201324,98193.964.28$21,520
Mar 2013675,10593.623.91$26,248
Feb 201334,98491.233.42$17,319
Jan 2013105,88791.603.42$21,049
Dec 201236,21086.773.42$21,500
Nov 201235,69986.953.62$20,920
Oct 201296,32489.383.40$22,304
Sep 2012616,55194.672.92$24,893
Aug 201206,84692.662.91$19,909
Jul 201227,75885.133.02$23,606
Jun 20121927,31979.822.52$33,762
May 201207,57191.612.49$18,839
Apr 201216,693101.652.00$13,466
Mar 201267,760105.052.22$17,874
Feb 201246,968101.102.57$18,314
Jan 201267,12698.092.73$20,072
Dec 201137,00596.873.24$22,985
Nov 201197,21095.723.31$24,736
Oct 201147,98684.983.65$29,477
Sep 20111768,09083.623.99$46,962
Aug 201158,88983.404.15$37,300
Jul 20111698,98994.144.52$56,515
Jun 201109,16992.904.64$42,543
May 2011410,08898.134.40$44,828
Apr 2011710,148105.964.33$44,716
Mar 2011611,00796.364.06$45,237
Feb 2011610,49285.644.18$44,370
Jan 201119112,31486.504.59$73,028
Dec 201087,05485.734.35$31,355
Nov 201067,42780.843.80$28,673
Oct 20102008,40478.103.51$45,109
Sep 201048,68772.633.98$34,860
Aug 201075,61773.684.42$25,339
Jul 201044,82872.554.74$23,158
Jun 201044,81570.364.91$23,925
May 201035,72671.124.24$24,464
Apr 20101917,19581.694.12$45,266
Mar 201067,20578.394.39$32,091
Feb 2010611,25773.585.44$61,706
Jan 20102018,66674.365.96$66,631
Dec 2009107,95571.445.48$44,338
Nov 200957,10374.593.75$27,020
Oct 2009510,02872.544.11$41,580
Sep 20098311,69965.543.06$41,294
Aug 200917015,48467.423.22$61,297
Jul 200919317,42961.133.46$72,181
Jun 2009518,03366.163.90$70,569
May 2009519,54854.743.93$77,014
Apr 200922220,29746.773.59$83,198
Mar 200916218,68942.144.06$82,685
Feb 200919419,94932.814.63$98,789
Jan 2009023,89535.865.37$128,340
Dec 200838425,08737.105.98$164,195
Nov 200819325,84655.496.86$188,022
Oct 200819728,63275.246.92$213,012
Sep 200817528,187101.767.88$239,840
Aug 200839433,816114.228.48$331,864
Jul 200818137,489131.0811.39$450,704
Jun 200839140,651131.3313.03$581,139
May 200844398,513123.1711.57$1,194,782
Apr 200858356,030110.3110.45$650,097
Mar 200834628,265101.909.66$308,412
Feb 200819438,12392.538.77$352,312
Jan 200835135,96290.388.21$326,818
Dec 200780160,14188.337.30$509,900
Nov 200796485,36891.677.29$710,848
Oct 200779298,92782.856.92$750,388
Sep 20071,134109,51775.846.24$769,844
Aug 20071,591135,07269.066.39$972,706
Jul 20071,971165,55670.906.39$1,197,306
Jun 20072,359212,90762.007.55$1,753,376
May 20073,473308,45058.747.85$2,624,189
Apr 200708,63359.617.81$67,382

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                  158 Mcf  × $  3.05 =       $481

────────────────────────────────────────────────────
Month total                                     $481

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/227020 is the state's own key, not one this site invented.