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 231898District 04Field 460895002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.2 M
Nov 2007 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
223
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 Gas112008-08-28184855
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
CondensateDisposition26,873 bbl$2,283,948
GasProduction2,180,490 Mcf$13,868,471
Total$16,152,419

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 26.4088, -98.4448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40876, -98.44479 · 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
Nov 2007
1 of 1 wells

1 well

42-215336953913,380 ftNov 2007

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 (223)

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

223 months

May 202612,493106.413.05$7,700
Apr 202612,39398.932.87$6,966
Mar 202622,58689.753.15$8,324
Feb 202622,35463.503.75$8,955
Jan 202622,65459.138.00$21,345
Dec 202512,83456.664.41$12,564
Nov 202522,89458.593.93$11,480
Oct 202513,37359.383.30$11,207
Sep 202513,41262.743.08$10,561
Aug 202501,92463.933.01$5,800
Jul 202511,03566.743.32$3,498
Jun 202501,03666.483.13$3,241
May 20251801,29660.553.23$15,088
Apr 202524,03762.363.54$14,428
Mar 202533,58167.704.27$15,488
Feb 202523,14870.884.34$13,807
Jan 202512,75874.324.28$11,875
Dec 202413,11468.993.12$9,789
Nov 202413,68169.052.20$8,162
Oct 202413,93571.372.28$9,049
Sep 202402,39869.612.36$5,670
Aug 202412,44075.632.06$5,111
Jul 202413,27779.932.15$7,114
Jun 202412,09178.082.63$5,586
May 202411,94878.812.20$4,361
Apr 202421,26984.451.66$2,274
Mar 202412,02780.301.55$3,212
Feb 202411,17876.091.78$2,177
Jan 202412,07373.023.30$6,909
Dec 202311,77571.262.61$4,705
Nov 202311,48277.892.81$4,239
Oct 202311,87585.443.09$5,874
Sep 20231501,50989.042.74$17,483
Aug 202311,33480.522.67$3,646
Jul 202321,65374.852.64$4,517
Jun 202301,57968.962.26$3,566
May 202321,73670.622.23$4,008
Apr 202321,54478.122.24$3,611
Mar 202321,49872.852.39$3,731
Feb 202321,76975.112.47$4,512
Jan 202332,08276.533.39$7,283
Dec 202221,73276.415.73$10,076
Nov 202221,80285.005.65$10,344
Oct 202221,53987.185.86$9,199
Sep 202221,59684.888.16$13,199
Aug 202222,32894.529.13$21,437
Jul 20221981,908101.587.54$34,503
Jun 202221,917115.097.98$15,522
May 202222,166109.378.43$18,485
Apr 202232,535104.226.84$17,646
Mar 202212,313108.885.08$11,851
Feb 202231,61191.054.86$8,101
Jan 202222,36381.844.54$10,886
Dec 202132,50771.323.90$9,989
Nov 202112,44777.435.24$12,892
Oct 202122,31179.795.71$13,364
Sep 20211812,52569.865.35$26,156
Aug 202122,33966.024.22$10,004
Jul 202122,98970.783.98$12,044
Jun 202112,05169.493.38$7,003
May 2021163963.483.02$1,992
Apr 202121,17060.362.76$3,348
Mar 202101,51161.302.72$4,105
Feb 202121,19157.805.55$6,723
Jan 202131,81850.412.81$5,260
Dec 202021,97044.642.68$5,360
Nov 20201812,21538.772.71$13,012
Oct 202031,45036.972.48$3,705
Sep 2020678737.091.99$1,789
Aug 202031,79339.982.39$4,396
Jul 202081,82838.371.83$3,643
Jun 202071,62934.901.69$2,998
May 2020487416.921.81$1,654
Apr 2020471414.751.80$1,347
Mar 202031,93430.341.86$3,681
Feb 202052,10849.881.98$4,425
Jan 202042,32757.252.09$5,103
Dec 201941,98659.012.30$4,813
Nov 201982,15355.302.75$6,365
Oct 20191902,52653.472.42$16,269
Sep 201932,22355.052.66$6,072
Aug 2019948553.112.30$1,596
Jul 2019667056.272.46$1,986
Jun 201941,37152.782.49$3,627
May 201971,25658.482.74$3,851
Apr 201971,03862.632.75$3,294
Mar 201981,38056.803.06$4,680
Feb 2019457550.852.79$1,809
Jan 2019991846.033.23$3,378
Dec 20186846.594.19$313
Nov 201879452.934.24$769
Oct 2018466161.443.40$2,492
Sep 2018382059.543.11$2,727
Aug 201842,32859.403.07$7,377
Jul 201813,87265.142.93$11,417
Jun 201862,71460.183.08$8,712
May 201851,86065.382.90$5,722
Apr 201852,28663.842.90$6,950
Mar 201852,27261.222.79$6,638
Feb 201843,06161.782.77$8,714
Jan 201863,85962.874.01$15,849
Dec 20171113,22557.272.92$15,779
Nov 201724,67655.423.12$14,692
Oct 201725,03849.292.98$15,130
Sep 201705,13147.523.09$15,841
Aug 201723,75045.373.00$11,357
Jul 201713,07843.873.09$9,547
Jun 201713,75142.493.09$11,623
May 201743,13745.373.26$10,419
Apr 201713,38847.933.21$10,929
Mar 201724,96846.772.98$14,916
Feb 201726,09850.452.95$18,106
Jan 201723,69649.413.42$12,735
Dec 201623,17948.763.72$11,932
Nov 201624,90242.492.64$13,048
Oct 201612,94646.193.09$9,150
Sep 201631,83941.553.10$5,827
Aug 201644,42641.442.92$13,109
Jul 201644,84841.622.92$14,344
Jun 2016642,57345.352.69$9,813
May 201612,77842.521.99$5,574
Apr 201602,88136.561.99$5,736
Mar 201622,79433.011.79$5,078
Feb 2016257626.472.06$1,242
Jan 20161641,93327.352.36$9,056
Dec 201512,30632.362.00$4,648
Nov 201502,92238.792.17$6,333
Oct 2015863,37843.552.43$11,942
Sep 201502,99842.992.76$8,270
Aug 20151574,08040.162.87$18,025
Jul 201505,08848.152.95$14,985
Jun 201513,38656.152.88$9,818
May 201524,24455.212.96$12,653
Apr 20151874,73449.822.71$22,129
Mar 201525,59042.892.93$16,491
Feb 201523,98444.662.98$11,946
Jan 20151935,82143.433.10$26,431
Dec 201413,55154.693.59$12,808
Nov 201425,45870.464.25$23,347
Oct 20141943,78278.303.90$29,944
Sep 201422,05286.164.05$8,474
Aug 201454,41789.394.04$18,270
Jul 201435,18496.564.18$21,957
Jun 201436,79498.164.74$32,477
May 201413,99294.734.73$18,963
Apr 201414,55095.944.81$21,977
Mar 201435,17795.895.06$26,467
Feb 20141985,92697.406.19$55,979
Jan 201415,70390.404.86$27,811
Dec 20131946,26891.824.35$45,107
Nov 201317,18988.853.74$26,963
Oct 201375,64297.423.78$22,005
Sep 201355,427104.113.72$20,697
Aug 20131235,521104.253.52$32,271
Jul 201305,547102.523.72$20,622
Jun 201335,93394.403.93$23,620
May 20131875,12794.834.15$39,006
Apr 201345,01393.964.28$21,844
Mar 20131324,92793.623.91$31,637
Feb 201365,51091.233.42$19,391
Jan 2013156,66391.603.42$24,161
Dec 20122005,81986.773.42$37,256
Nov 201234,63586.953.62$17,063
Oct 2012115,10189.383.40$18,325
Sep 20121055,18794.672.92$25,078
Aug 201204,27292.662.91$12,424
Jul 2012974,67085.133.02$22,365
Jun 20121701,39679.822.52$17,086
May 201201,49291.612.49$3,713
Apr 201216,291101.652.00$12,664
Mar 20121898,571105.052.22$38,900
Feb 201258,556101.102.57$22,496
Jan 20121859,22198.092.73$43,358
Dec 20112008,76896.873.24$47,780
Nov 20112029,13895.723.31$49,594
Oct 2011410,07384.983.65$37,092
Sep 20111859,67183.623.99$54,016
Aug 2011510,18883.404.15$42,690
Jul 201118610,47794.144.52$64,837
Jun 2011010,47292.904.64$48,589
May 201119011,02698.134.40$67,212
Apr 20112411,381105.964.33$51,860
Mar 201119812,24196.364.06$68,745
Feb 201121011,74185.644.18$67,062
Jan 201120911,26886.504.59$69,785
Dec 201022411,58585.734.35$69,572
Nov 20101813,08480.843.80$51,113
Oct 201041213,81978.103.51$80,667
Sep 20101213,24372.633.98$53,572
Aug 201021314,03973.684.42$77,737
Jul 201020914,55772.554.74$84,112
Jun 20101515,11570.364.91$75,276
May 201038714,83771.124.24$90,361
Apr 201021012,98481.694.12$70,684
Mar 2010916,22878.394.39$71,925
Feb 201020515,50473.585.44$99,462
Jan 201039718,21674.365.96$138,163
Dec 200940818,55071.445.48$130,871
Nov 200920018,18574.593.75$83,139
Oct 200920018,44572.544.11$90,322
Sep 200919519,23165.543.06$71,719
Aug 200920120,74967.423.22$80,332
Jul 200920022,13761.133.46$88,920
Jun 200919922,89666.163.90$102,346
May 200920024,66454.743.93$107,773
Apr 200929125,79246.773.59$106,139
Mar 200957628,02742.144.06$138,034
Feb 200919527,08932.814.63$131,901
Jan 200958633,62135.865.37$201,592
Dec 200819922,22937.105.98$140,249
Nov 200859233,19255.496.86$260,559
Oct 200859337,27575.246.92$302,634
Sep 200838737,293101.767.88$333,141
Aug 200845243,758114.228.48$422,827
Jul 200858748,546131.0811.39$629,855
Jun 200875553,568131.3313.03$797,286
May 2008943127,597123.1711.57$1,592,994
Apr 200875172,382110.3110.45$839,586
Mar 200896990,540101.909.66$973,726
Feb 20081,17299,31492.538.77$979,487
Jan 20082,154113,19790.388.21$1,123,543
Dec 20073,174167,84588.337.30$1,505,959
Nov 20072,356129,57991.677.29$1,160,826

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             1 bbl  × $106.41 =       $106
Gas                2,493 Mcf  × $  3.05 =     $7,593

────────────────────────────────────────────────────
Month total                                   $7,700

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/231898 is the state's own key, not one this site invented.