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 239553District 04Field 460895002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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 Gas112009-04-27191058
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
CondensateDisposition4,492 bbl$363,582
GasProduction292,570 Mcf$2,085,247
Total$2,448,829

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 26.4090, -98.4360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40902, -98.43600 · 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
12,745 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 12,745 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-215337764012,745 ftApr 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 (218)

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

218 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024143069.052.20$9,874
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
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 201812061.222.79$735
Feb 201831061.782.77$1,915
Jan 2018404762.874.01$2,703
Dec 2017256957.272.92$1,633
Nov 201718255.423.12$311
Oct 2017021649.292.98$644
Sep 2017031747.523.09$979
Aug 2017030545.373.00$916
Jul 2017027043.873.09$834
Jun 2017031742.493.09$979
May 2017032745.373.26$1,067
Apr 2017030247.933.21$970
Mar 2017024946.772.98$743
Feb 2017025450.452.95$750
Jan 2017020749.413.42$708
Dec 2016024448.763.72$908
Nov 2016015742.492.64$415
Oct 2016011746.193.09$362
Sep 2016021541.553.10$667
Aug 2016020941.442.92$611
Jul 2016016041.622.92$468
Jun 2016036745.352.69$986
May 2016026842.521.99$534
Apr 2016036136.561.99$719
Mar 2016037233.011.79$667
Feb 2016016426.472.06$338
Jan 2016018427.352.36$435
Dec 2015036832.362.00$737
Nov 2015064638.792.17$1,400
Oct 2015140743.552.43$1,031
Sep 2015042342.992.76$1,167
Aug 2015051840.162.87$1,488
Jul 2015051848.152.95$1,526
Jun 2015155156.152.88$1,645
May 2015041055.212.96$1,212
Apr 2015027149.822.71$733
Mar 2015031142.892.93$913
Feb 201517624544.662.98$8,589
Jan 2015029043.433.10$899
Dec 2014032154.693.59$1,153
Nov 2014022270.464.25$944
Oct 2014047978.303.90$1,869
Sep 2014057186.164.05$2,310
Aug 2014056689.394.04$2,284
Jul 2014029196.564.18$1,216
Jun 2014042498.164.74$2,008
May 2014057094.734.73$2,694
Apr 2014029195.944.81$1,399
Mar 2014241295.895.06$2,275
Feb 2014250197.406.19$3,297
Jan 2014056790.404.86$2,756
Dec 2013251291.824.35$2,413
Nov 201321,09288.853.74$4,260
Oct 2013882797.423.78$3,905
Sep 20132652104.113.72$2,632
Aug 201374695104.253.52$10,163
Jul 20130592102.523.72$2,201
Jun 2013152694.403.93$2,163
May 201341,32794.834.15$5,885
Apr 2013430293.964.28$1,669
Mar 201313770593.623.91$15,585
Feb 201361,18191.233.42$4,586
Jan 201341,06991.603.42$4,022
Dec 2012382986.773.42$3,096
Nov 2012179286.953.62$2,958
Oct 2012888389.383.40$3,717
Sep 20127386794.672.92$9,441
Aug 2012192892.662.91$2,791
Jul 2012198385.133.02$3,055
Jun 201217797879.822.52$16,592
May 201201,02991.612.49$2,560
Apr 20121992101.652.00$2,082
Mar 20122824105.052.22$2,041
Feb 201221,028101.102.57$2,844
Jan 20121871,03898.092.73$21,181
Dec 201121,08496.873.24$3,706
Nov 201141,08995.723.31$3,989
Oct 201121,16984.983.65$4,435
Sep 201121,17383.623.99$4,843
Aug 20111911,26983.404.15$21,195
Jul 201101,16394.144.52$5,254
Jun 2011077992.904.64$3,614
May 2011291098.134.40$4,205
Apr 20111932,001105.964.33$29,121
Mar 201101,64096.364.06$6,654
Feb 2011228285.644.18$1,350
Jan 2011249386.504.59$2,435
Dec 201041,83185.734.35$8,304
Nov 201022,53180.843.80$9,768
Oct 201043,16978.103.51$11,432
Sep 201021,12972.633.98$4,638
Aug 20101911,88273.684.42$22,390
Jul 201021,44372.554.74$6,980
Jun 201021,89170.364.91$9,426
May 201002,58771.124.24$10,957
Apr 20101972,61781.694.12$26,882
Mar 201022,09378.394.39$9,342
Feb 201032,68473.585.44$14,828
Jan 201033,22974.365.96$19,481
Dec 200983,30971.445.48$18,717
Nov 20091983,60074.593.75$28,274
Oct 200963,46272.544.11$14,665
Sep 200952,10865.543.06$6,788
Aug 20091783,22867.423.22$22,390
Jul 200952,87161.133.46$10,252
Jun 200952,13966.163.90$8,662
May 20091904,23454.743.93$27,022
Apr 200904,15546.773.59$14,906
Mar 20091794,53042.144.06$25,930
Feb 20091724,43032.814.63$26,168
Jan 20092325,29835.865.37$36,775
Dec 200805,38737.105.98$32,199
Nov 20081905,73655.496.86$49,894
Oct 200819727,14175.246.92$202,692
Sep 200819721,882101.767.88$192,413
Aug 200819239,248114.228.48$354,872
Jul 200819542,734131.0811.39$512,277
Jun 200819910,573131.3313.03$163,929
May 200819812,069123.1711.57$164,078
Apr 200807,694110.3110.45$80,440

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.

Nov 2024 — as filed, then multipliedworked
Condensate           143 bbl  × $ 69.05 =     $9,874
Gas                    0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                   $9,874

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/239553 is the state's own key, not one this site invented.