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 240318District 04Field 460895002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
May 2008 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
217
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 Gas112011-07-14202473
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
CondensateDisposition10,002 bbl$694,099
GasProduction592,979 Mcf$2,830,605
Total$3,524,704

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 26.4101, -98.4405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.41007, -98.44051 · 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
13,100 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 13,100 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-215337974113,100 ftMay 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 (217)

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

217 months

May 20263614106.413.05$2,189
Apr 2026248498.932.87$1,587
Mar 2026347889.753.15$1,775
Feb 202618852863.503.75$13,918
Jan 2026442059.138.00$3,596
Dec 2025341256.664.41$1,988
Nov 2025234658.593.93$1,476
Oct 2025332859.383.30$1,262
Sep 2025430862.743.08$1,199
Aug 2025147063.933.01$1,481
Jul 2025524266.743.32$1,136
Jun 2025245066.483.13$1,541
May 2025432660.553.23$1,296
Apr 2025888262.363.54$3,624
Mar 20251090867.704.27$4,553
Feb 202564170.884.34$603
Jan 2025550074.324.28$2,511
Dec 2024840168.993.12$1,804
Nov 2024527869.052.20$956
Oct 20249171.372.28$645
Sep 2024332169.612.36$968
Aug 20241084375.632.06$2,496
Jul 202491,21179.932.15$3,319
Jun 202491,36378.082.63$4,293
May 20241981,29378.812.20$18,447
Apr 2024111,16084.451.66$2,854
Mar 2024101,25580.301.55$2,742
Feb 2024939576.091.78$1,389
Jan 20241223773.023.30$1,658
Dec 20231052871.262.61$2,091
Nov 202391,63777.892.81$5,297
Oct 2023101,70385.443.09$6,112
Sep 2023561,67589.042.74$9,567
Aug 2023102,28680.522.67$6,915
Jul 2023192,00274.852.64$6,711
Jun 20231841,96468.962.26$17,124
May 2023111,60570.622.23$4,352
Apr 2023141,36378.122.24$4,144
Mar 202391,26972.852.39$3,693
Feb 2023101,24175.112.47$3,811
Jan 2023141,45076.533.39$5,984
Dec 202291,51376.415.73$9,356
Nov 202291,30685.005.65$8,139
Oct 20221941,50887.185.86$25,755
Sep 202291,46284.888.16$12,699
Aug 202272,04194.529.13$19,290
Jul 20225830101.587.54$6,768
Jun 202291,434115.097.98$12,475
May 2022101,520109.378.43$13,912
Apr 2022111,750104.226.84$13,112
Mar 202281,077108.885.08$6,338
Feb 20222354691.054.86$4,747
Jan 20221143181.844.54$2,856
Dec 2021101,10871.323.90$5,033
Nov 202118997077.435.24$19,714
Oct 2021882479.795.71$5,347
Sep 202171,34869.865.35$7,702
Aug 2021181,64166.024.22$8,114
Jul 2021211,54970.783.98$7,655
Jun 202171,22969.493.38$4,641
May 202181,62763.483.02$5,418
Apr 202191,43260.362.76$4,493
Mar 202161,20961.302.72$3,653
Feb 2021184157.805.55$10,641
Jan 2021121,68250.412.81$5,332
Dec 202092,12044.642.68$6,074
Nov 2020122,52038.772.71$7,286
Oct 202072,56836.972.48$6,623
Sep 2020342,80737.091.99$6,850
Aug 2020312,12639.982.39$6,310
Jul 20201292,85238.371.83$10,155
Jun 20201072,05934.901.69$7,215
May 2020621,82116.921.81$4,354
Apr 2020661,85014.751.80$4,312
Mar 20204199430.341.86$3,089
Feb 2020821,26849.881.98$6,602
Jan 20202431,54157.252.09$17,140
Dec 2019611,34759.012.30$6,704
Nov 20191171,59455.302.75$10,855
Oct 2019431,74153.472.42$6,510
Sep 2019422,07555.052.66$7,826
Aug 20191412,26053.112.30$12,696
Jul 20191022,23056.272.46$11,225
Jun 2019632,02852.782.49$8,377
May 20191051,93058.482.74$11,429
Apr 20191031,69262.632.75$11,105
Mar 20192871,77556.803.06$21,737
Feb 2019581,31650.852.79$6,624
Jan 20191361,59846.033.23$11,419
Dec 2018991,87946.594.19$12,477
Nov 20181081,43952.934.24$11,814
Oct 2018541,37761.443.40$7,997
Sep 2018521,49159.543.11$7,730
Aug 2018552,33459.403.07$10,424
Jul 20182042,34465.142.93$20,161
Jun 2018932,18860.183.08$12,329
May 2018721,69565.382.90$9,624
Apr 2018721,48863.842.90$8,913
Mar 2018711,42761.222.79$8,323
Feb 2018671,12461.782.77$7,248
Jan 2018851,01162.874.01$9,397
Dec 2017541,30957.272.92$6,917
Nov 201711,53955.423.12$4,855
Oct 201701,80549.292.98$5,386
Sep 201701,56947.523.09$4,844
Aug 201701,78845.373.00$5,372
Jul 201701,86043.873.09$5,742
Jun 201702,21342.493.09$6,832
May 2017551,99445.373.26$9,003
Apr 201701,92747.933.21$6,189
Mar 20171811,69246.772.98$13,514
Feb 201701,85150.452.95$5,465
Jan 201741,64249.413.42$5,811
Dec 201641,81648.763.72$6,956
Nov 201642,26642.492.64$6,162
Oct 201621,27446.193.09$4,029
Sep 201631,79241.553.10$5,681
Aug 20161072,20741.442.92$10,888
Jul 201642,08841.622.92$6,273
Jun 2016951,97845.352.69$9,621
May 201612,21042.521.99$4,443
Apr 201602,15536.561.99$4,291
Mar 201622,14733.011.79$3,918
Feb 201621,93626.472.06$4,048
Jan 201612,11627.352.36$5,030
Dec 201512,24632.362.00$4,528
Nov 201502,52438.792.17$5,470
Oct 201512,46843.552.43$6,032
Sep 201502,53242.992.76$6,984
Aug 201502,27840.162.87$6,544
Jul 201512,49048.152.95$7,381
Jun 201512,50456.152.88$7,275
May 201532,65555.212.96$8,012
Apr 20151912,28749.822.71$15,706
Mar 201522,21142.892.93$6,574
Feb 201552,44144.662.98$7,488
Jan 201532,06143.433.10$6,521
Dec 201412,53054.693.59$9,141
Nov 201422,43470.464.25$10,490
Oct 201432,52378.303.90$10,077
Sep 201422,30786.164.05$9,505
Aug 201452,86189.394.04$11,991
Jul 201441,91296.564.18$8,378
Jun 201411,66398.164.74$7,976
May 201412,05794.734.73$9,817
Apr 201431,89495.944.81$9,396
Mar 201442,86795.895.06$14,881
Feb 201451,96597.406.19$12,654
Jan 201401,44990.404.86$7,043
Dec 201321,82691.824.35$8,135
Nov 2013859488.853.74$2,931
Oct 20131087997.423.78$4,296
Sep 201352,993104.113.72$11,648
Aug 2013702,689104.253.52$16,770
Jul 201302,667102.523.72$9,915
Jun 201332,65994.403.93$10,742
May 201382,75094.834.15$12,169
Apr 201343,07893.964.28$13,558
Mar 201303,66493.623.91$14,337
Feb 201353,63591.233.42$12,888
Jan 2013132,52691.603.42$9,829
Dec 201262,55886.773.42$9,269
Nov 20121752,99586.953.62$26,073
Oct 2012133,48389.383.40$13,003
Sep 201233,29794.672.92$9,906
Aug 2012953,15192.662.91$17,966
Jul 201232,83685.133.02$8,822
Jun 201204,26979.822.52$10,754
May 201224,15291.612.49$10,515
Apr 20121834,301101.652.00$27,190
Mar 201264,763105.052.22$11,214
Feb 201243,880101.102.57$10,377
Jan 20122004,47798.092.73$31,858
Dec 201133,62396.873.24$12,028
Nov 201173,96195.723.31$13,786
Oct 201144,82984.983.65$17,959
Sep 20111824,90483.623.99$34,765
Aug 201144,89583.404.15$20,645
Jul 201104,73994.144.52$21,407
Jun 201104,79392.904.64$22,239
May 201105,30598.134.40$23,368
Apr 201135,502105.964.33$24,160
Mar 20111954,68496.364.06$37,795
Feb 201121,20585.644.18$5,208
Jan 201124,64986.504.59$21,506
Dec 20101984,76385.734.35$37,683
Nov 201014,69580.843.80$17,900
Oct 201024,45978.103.51$15,802
Sep 201015,14172.633.98$20,531
Aug 20101905,21873.684.42$37,059
Jul 201025,44772.554.74$25,945
Jun 201025,45270.364.91$26,912
May 20101765,16171.124.24$34,375
Apr 20101975,09681.694.12$37,102
Mar 201024,97878.394.39$22,004
Feb 201004,80673.585.44$26,156
Jan 201064,54074.365.96$27,523
Dec 20092104,18571.445.48$37,952
Nov 200985,27274.593.75$20,375
Oct 2009115,53072.544.11$23,528
Sep 20091785,31065.543.06$27,940
Aug 2009135,73567.423.22$19,335
Jul 20091845,95161.133.46$31,865
Jun 200986,02666.163.90$24,001
May 20091946,82454.743.93$37,409
Apr 200906,05946.773.59$21,737
Mar 20091796,33142.144.06$33,241
Feb 200905,60832.814.63$25,982
Jan 20091866,04235.865.37$39,122
Dec 20081756,37237.105.98$44,579
Nov 20081766,95955.496.86$57,507
Oct 200808,19875.246.92$56,746
Sep 20081939,590101.767.88$95,181
Aug 200838111,569114.228.48$141,658
Jul 2008014,853131.0811.39$169,167
Jun 200835120,678131.3313.03$315,586
May 2008027,422123.1711.57$317,390

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             3 bbl  × $106.41 =       $319
Gas                  614 Mcf  × $  3.05 =     $1,870

────────────────────────────────────────────────────
Month total                                   $2,189

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/240318 is the state's own key, not one this site invented.