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 232193District 04Field 460895002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Aug 2007 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
226
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 Gas112008-03-26181051
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
CondensateDisposition5,631 bbl$359,782
GasProduction364,998 Mcf$1,861,620
Total$2,221,402

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 26.4129, -98.4412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.41289, -98.44119 · 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
13,443 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 13,443 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-215336463713,443 ftAug 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 (226)

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

226 months

May 20260110106.413.05$335
Apr 2026013198.932.87$376
Mar 2026010089.753.15$315
Feb 202609463.503.75$353
Jan 202609859.138.00$784
Dec 202509556.664.41$419
Nov 202509358.593.93$365
Oct 2025011059.383.30$364
Sep 2025011662.743.08$357
Aug 2025012363.933.01$371
Jul 2025016866.743.32$557
Jun 2025014966.483.13$466
May 2025020160.553.23$650
Apr 2025034262.363.54$1,212
Mar 2025040967.704.27$1,746
Feb 202501,53970.884.34$6,681
Jan 202501,86774.324.28$7,988
Dec 202411,67068.993.12$5,282
Nov 2024311,27969.052.20$4,952
Oct 202401,38371.372.28$3,155
Sep 2024051869.612.36$1,225
Aug 202401,43375.632.06$2,957
Jul 202401,50379.932.15$3,226
Jun 202401,65278.082.63$4,351
May 202411,54078.812.20$3,464
Apr 202401,62184.451.66$2,690
Mar 2024087480.301.55$1,350
Feb 2024043076.091.78$767
Jan 2024058573.023.30$1,929
Dec 2023065571.262.61$1,710
Nov 2023063477.892.81$1,780
Oct 2023078185.443.09$2,411
Sep 2023161189.042.74$1,760
Aug 2023070280.522.67$1,876
Jul 2023063774.852.64$1,683
Jun 2023060868.962.26$1,373
May 2023060270.622.23$1,341
Apr 2023164778.122.24$1,526
Mar 2023050672.852.39$1,211
Feb 2023048175.112.47$1,186
Jan 2023150076.533.39$1,770
Dec 20220076.415.73$0
Nov 2022065485.005.65$3,693
Oct 2022048087.185.86$2,815
Sep 2022237084.888.16$3,190
Aug 2022061394.529.13$5,595
Jul 20220381101.587.54$2,874
Jun 20220635115.097.98$5,066
May 20220600109.378.43$5,060
Apr 20220780104.226.84$5,333
Mar 20220478108.885.08$2,427
Feb 20221019891.054.86$1,873
Jan 2022042081.844.54$1,906
Dec 2021038871.323.90$1,513
Nov 2021075977.435.24$3,975
Oct 2021056679.795.71$3,234
Sep 202108369.865.35$444
Aug 2021663966.024.22$3,093
Jul 2021765670.783.98$3,108
Jun 2021057469.493.38$1,940
May 2021064563.483.02$1,946
Apr 2021057560.362.76$1,586
Mar 2021046061.302.72$1,250
Feb 2021022357.805.55$1,237
Jan 2021037250.412.81$1,045
Dec 202013839844.642.68$7,225
Nov 2020048438.772.71$1,310
Oct 2020159436.972.48$1,509
Sep 20202970437.091.99$2,477
Aug 20204667439.982.39$3,447
Jul 202014298238.371.83$7,241
Jun 202013669034.901.69$5,913
May 20206859516.921.81$2,230
Apr 20208564414.751.80$2,416
Mar 20204255230.341.86$2,299
Feb 20209260449.881.98$5,785
Jan 20206171257.252.09$4,984
Dec 20198257759.012.30$6,168
Nov 201911371655.302.75$8,218
Oct 20196626453.472.42$4,168
Sep 20194650755.052.66$3,880
Aug 201916682853.112.30$10,724
Jul 201911286656.272.46$8,433
Jun 20199378452.782.49$6,862
May 201912178658.482.74$9,230
Apr 201911762562.632.75$9,047
Mar 201912358456.803.06$8,775
Feb 20196035750.852.79$4,048
Jan 201912534246.033.23$6,858
Dec 20181001,00846.594.19$8,878
Nov 20181182,08552.934.24$15,080
Oct 2018561,49361.443.40$8,514
Sep 2018501,57559.543.11$7,872
Aug 2018631,87159.403.07$9,480
Jul 2018331,53165.142.93$6,638
Jun 20181011,38860.183.08$10,349
May 2018741,55565.382.90$9,349
Apr 2018711,22863.842.90$8,095
Mar 20187378661.222.79$6,660
Feb 20186023861.782.77$4,365
Jan 20188886162.874.01$8,985
Dec 2017501,25157.272.92$6,518
Nov 201701,65555.423.12$5,161
Oct 201711,82549.292.98$5,495
Sep 201701,69347.523.09$5,227
Aug 201711,78145.373.00$5,396
Jul 201711,87343.873.09$5,826
Jun 201711,90342.493.09$5,918
May 2017752,00945.373.26$9,959
Apr 201751,71047.933.21$5,731
Mar 201701,50846.772.98$4,499
Feb 201711,70650.452.95$5,088
Jan 201712,03449.413.42$7,003
Dec 201612,12648.763.72$7,964
Nov 201602,03542.492.64$5,381
Oct 201601,91546.193.09$5,918
Sep 201611,94541.553.10$6,072
Aug 201612,02541.442.92$5,963
Jul 201601,59341.622.92$4,658
Jun 2016821,52145.352.69$7,804
May 201601,66442.521.99$3,313
Apr 201601,65236.561.99$3,289
Mar 201601,74733.011.79$3,134
Feb 201601,63626.472.06$3,376
Jan 201601,63027.352.36$3,854
Dec 201501,73332.362.00$3,468
Nov 201511,79738.792.17$3,933
Oct 201501,94943.552.43$4,729
Sep 201502,03242.992.76$5,605
Aug 201511,11740.162.87$3,249
Jul 201501,15548.152.95$3,402
Jun 201511,31156.152.88$3,836
May 201521,29255.212.96$3,929
Apr 2015291649.822.71$2,579
Mar 201541,26942.892.93$3,896
Feb 20151891,22844.662.98$12,096
Jan 2015149143.433.10$1,566
Dec 2014179754.693.59$2,917
Nov 2014275170.464.25$3,334
Oct 201431,00178.303.90$4,140
Sep 201421,07686.164.05$4,525
Aug 201451,09889.394.04$4,878
Jul 201431,10096.564.18$4,887
Jun 201421,07598.164.74$5,288
May 201421,10494.734.73$5,408
Apr 201411,12295.944.81$5,492
Mar 201431,09195.895.06$5,805
Feb 2014174997.406.19$4,735
Jan 201411,10290.404.86$5,447
Dec 201311,41491.824.35$6,249
Nov 2013295488.853.74$3,744
Oct 201301,03297.423.78$3,900
Sep 20130390104.113.72$1,450
Aug 201352410104.253.52$6,865
Jul 20130374102.523.72$1,390
Jun 2013064794.403.93$2,545
May 2013057294.834.15$2,373
Apr 2013280493.964.28$3,631
Mar 201301,16893.623.91$4,570
Feb 201321,05891.233.42$3,801
Jan 2013250491.603.42$1,907
Dec 201261,24886.773.42$4,789
Nov 201231,15486.953.62$4,444
Oct 2012131,26389.383.40$5,456
Sep 20121031,29894.672.92$13,539
Aug 201201,37692.662.91$4,002
Jul 201231,36685.133.02$4,382
Jun 201211,38179.822.52$3,559
May 201211,34291.612.49$3,431
Apr 201201,251101.652.00$2,498
Mar 201261,347105.052.22$3,623
Feb 201231,160101.102.57$3,285
Jan 201251,06298.092.73$3,394
Dec 201131,04996.873.24$3,689
Nov 201181,35395.723.31$5,246
Oct 201131,30284.983.65$5,005
Sep 20111681,41783.623.99$19,696
Aug 201141,55183.404.15$6,769
Jul 201101,86294.144.52$8,411
Jun 201101,74492.904.64$8,092
May 201121,62798.134.40$7,363
Apr 201141,575105.964.33$7,249
Mar 201121,57796.364.06$6,591
Feb 201121,36485.644.18$5,873
Jan 201121,51986.504.59$7,143
Dec 201031,59885.734.35$7,205
Nov 201031,61480.843.80$6,368
Oct 201021,72078.103.51$6,191
Sep 201021,71872.633.98$6,982
Aug 201031,78873.684.42$8,123
Jul 201021,87872.554.74$9,040
Jun 201021,83970.364.91$9,171
May 20101811,84671.124.24$20,691
Apr 201041,78381.694.12$7,678
Mar 201021,90278.394.39$8,504
Feb 201031,82873.585.44$10,169
Jan 201031,92974.365.96$11,728
Dec 200941,71771.445.48$9,701
Nov 200921,99674.593.75$7,637
Oct 200922,28572.544.11$9,537
Sep 200932,22765.543.06$7,022
Aug 20091662,36567.423.22$18,803
Jul 200932,46961.133.46$8,737
Jun 200922,43266.163.90$9,605
May 200972,58054.743.93$10,512
Apr 200902,58146.773.59$9,259
Mar 200902,74942.144.06$11,158
Feb 200902,59532.814.63$12,023
Jan 20091102,89235.865.37$19,478
Dec 200803,03037.105.98$18,111
Nov 200803,21955.496.86$22,084
Oct 20081783,09275.246.92$34,795
Sep 200803,402101.767.88$26,798
Aug 200803,659114.228.48$31,039
Jul 200804,131131.0811.39$47,050
Jun 200804,363131.3313.03$56,861
May 20081449,776123.1711.57$130,887
Apr 200805,363110.3110.45$56,069
Mar 2008546,027101.909.66$63,748
Feb 2008836,08092.538.77$61,005
Jan 20082017,76590.388.21$81,884
Dec 200708,95388.337.30$65,375
Nov 200739610,85891.677.29$115,475
Oct 2007018,85782.856.92$130,528
Sep 200720330,98375.846.24$208,858
Aug 200702,16769.066.39$13,843

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                  110 Mcf  × $  3.05 =       $335

────────────────────────────────────────────────────
Month total                                     $335

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/232193 is the state's own key, not one this site invented.