COATES "A"

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

Gas lease lease 242327District 04Field 460894902 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Sep 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
2000-03-29
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 2000-06-06.

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 Gas112010-07-01198831
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
CondensateDisposition2,080 bbl$168,016
GasProduction269,711 Mcf$1,189,595
Total$1,357,611

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 26.4056, -98.4398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40561, -98.43975 · 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
11,500 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 11,500 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-215338474311,500 ftSep 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 (213)

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

213 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 20240069.052.20$0
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 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201715057.272.92$859
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201601033.011.79$18
Feb 201601626.472.06$33
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150138.792.17$2
Oct 201541,15643.552.43$2,979
Sep 201571,29842.992.76$3,881
Aug 201532,82840.162.87$8,244
Jul 201512,03148.152.95$6,030
Jun 2015312,96756.152.88$10,294
May 2015362,38955.212.96$9,048
Apr 2015271,33249.822.71$4,950
Mar 2015371,44142.892.93$5,816
Feb 2015491,31044.662.98$6,087
Jan 2015331,45343.433.10$5,938
Dec 2014161,44254.693.59$6,054
Nov 2014231,39270.464.25$7,539
Oct 2014221,48878.303.90$7,527
Sep 2014191,46486.164.05$7,560
Aug 2014561,47689.394.04$10,962
Jul 2014311,53696.564.18$9,413
Jun 2014221,49398.164.74$9,232
May 2014121,58594.734.73$8,628
Apr 2014161,56695.944.81$9,066
Mar 2014261,57895.895.06$10,473
Feb 20142064497.406.19$5,936
Jan 2014512690.404.86$1,064
Dec 2013962291.824.35$3,535
Nov 20131884788.853.74$4,766
Oct 2013026597.423.78$1,002
Sep 201314112104.113.72$1,874
Aug 20133217104.253.52$3,396
Jul 20130320102.523.72$1,190
Jun 20131299794.403.93$5,054
May 2013381,05094.834.15$7,960
Apr 2013141,01793.964.28$5,671
Mar 2013087793.623.91$3,432
Feb 2013371,17791.233.42$7,401
Jan 2013241,73091.603.42$8,115
Dec 2012141,49386.773.42$6,321
Nov 2012132,04686.953.62$8,547
Oct 2012451,37889.383.40$8,707
Sep 20121094394.672.92$3,699
Aug 201221,50492.662.91$4,559
Jul 2012142,00685.133.02$7,252
Jun 201241,98179.822.52$5,310
May 201292,09491.612.49$6,035
Apr 201232,051101.652.00$4,400
Mar 2012382,203105.052.22$8,887
Feb 2012262,075101.102.57$7,962
Jan 2012482,10398.092.73$10,458
Dec 2011382,07096.873.24$10,387
Nov 2011882,16695.723.31$15,596
Oct 2011452,79884.983.65$14,033
Sep 2011383,76283.623.99$18,172
Aug 2011544,43183.404.15$22,889
Jul 201104,45094.144.52$20,102
Jun 201103,66892.904.64$17,019
May 2011292,43398.134.40$13,563
Apr 2011582,640105.964.33$17,586
Mar 2011462,82496.364.06$15,890
Feb 2011332,36585.644.18$12,712
Jan 2011263,01686.504.59$16,089
Dec 2010573,13985.734.35$18,534
Nov 2010392,73680.843.80$13,537
Oct 2010614,12278.103.51$19,228
Sep 2010374,99772.633.98$22,573
Aug 2010383,36773.684.42$17,680
Jul 2010253,01572.554.74$16,094
Jun 2010141,87470.364.91$10,187
May 2010103,32771.124.24$14,802
Apr 2010362,99981.694.12$15,305
Mar 2010333,84978.394.39$19,479
Feb 2010303,21673.585.44$19,710
Jan 2010273,97674.365.96$25,721
Dec 2009594,46571.445.48$28,700
Nov 2009274,37074.593.75$18,408
Oct 2009374,84972.544.11$22,615
Sep 2009176,34465.543.06$20,557
Aug 2009307,60067.423.22$26,483
Jul 2009278,30461.133.46$30,420
Jun 2009234,69666.163.90$19,813
May 2009528,10854.743.93$34,676
Apr 200907,35146.773.59$26,372
Mar 200908,75042.144.06$35,516
Feb 200946,72932.814.63$31,307
Jan 200919,20835.865.37$49,492
Dec 2008012,69337.105.98$75,868
Nov 2008013,91055.496.86$95,428
Oct 2008618,19575.246.92$126,397
Sep 200801,969101.767.88$15,510

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.

Dec 2017 — as filed, then multipliedworked
Condensate            15 bbl  × $ 57.27 =       $859
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $859

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/242327 is the state's own key, not one this site invented.