COATES

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232949District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 2007 – Jul 2015
Value, last 12 filed months
$152 k
at the published price for each month
Months reported
101
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112009-01-28188549
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
CondensateDisposition3,967 bbl$311,435
GasProduction481,366 Mcf$3,089,660
Total$3,401,094

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 35.4578, -100.1371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45778, -100.13709 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
15,600 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
1100.0%
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.
00.0%

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 15,600 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-4833221310815,600 ftJul 2015Yes

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 (101)

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

101 months

Jul 20152048.152.95$96
Jun 201512452856.152.88$8,485
May 201502,21555.212.96$6,546
Apr 201502,14449.822.71$5,803
Mar 201502,33942.892.93$6,864
Feb 20150944.662.98$27
Jan 20157193,09943.433.10$40,835
Dec 201403,39054.693.59$12,175
Nov 201463,31570.464.25$14,518
Oct 2014693,41278.303.90$18,713
Sep 2014103,46486.164.05$14,875
Aug 2014943,73289.394.04$23,462
Jul 201473,97796.564.18$17,298
Jun 20141803,68298.164.74$35,110
May 201453,91794.734.73$18,988
Apr 201404,26595.944.81$20,511
Mar 201403,19895.895.06$16,172
Feb 201402,75197.406.19$17,034
Jan 201403,23290.404.86$15,710
Dec 201302,60191.824.35$11,326
Nov 201303,00388.853.74$11,226
Oct 201302,98097.423.78$11,262
Sep 201303,128104.113.72$11,629
Aug 20131303,149104.253.52$24,645
Jul 201302,957102.523.72$10,993
Jun 201301,21494.403.93$4,775
May 201301,06794.834.15$4,427
Apr 2013087093.964.28$3,726
Mar 2013085193.623.91$3,330
Feb 2013076091.233.42$2,599
Jan 2013097391.603.42$3,328
Dec 201218194586.773.42$18,937
Nov 201201,09586.953.62$3,969
Oct 201201,57889.383.40$5,365
Sep 2012040994.672.92$1,194
Aug 2012045092.662.91$1,309
Jul 2012044485.133.02$1,341
Jun 2012048779.822.52$1,227
May 2012068491.612.49$1,702
Apr 201201,904101.652.00$3,802
Mar 20120553105.052.22$1,229
Feb 201201,093101.102.57$2,809
Jan 2012067598.092.73$1,846
Dec 2011073496.873.24$2,378
Nov 201101,16095.723.31$3,841
Oct 201102,35684.983.65$8,596
Sep 201103,02083.623.99$12,037
Aug 201103,09683.404.15$12,846
Jul 20111811,95994.144.52$25,889
Jun 201101,12192.904.64$5,201
May 201103,46998.134.40$15,280
Apr 201103,245105.964.33$14,061
Mar 201103,65196.364.06$14,813
Feb 201102,02485.644.18$8,460
Jan 201103,20586.504.59$14,707
Dec 20101813,47485.734.35$30,621
Nov 201003,42980.843.80$13,014
Oct 201001,01978.103.51$3,576
Sep 201003,29872.633.98$13,124
Aug 201001,06873.684.42$4,720
Jul 201001,26772.554.74$6,001
Jun 201001,37770.364.91$6,762
May 201003,51271.124.24$14,874
Apr 201002,01881.694.12$8,320
Mar 201003,28678.394.39$14,421
Feb 20101813,08773.585.44$30,119
Jan 201003,13574.365.96$18,697
Dec 200901,10271.445.48$6,043
Nov 200901,23674.593.75$4,637
Oct 20091832,04272.544.11$21,668
Sep 200901,46065.543.06$4,475
Aug 200901,31867.423.22$4,242
Jul 2009078761.133.46$2,727
Jun 200903,33766.163.90$12,998
May 200903,92054.743.93$15,389
Apr 20091792,83246.773.59$18,532
Mar 200904,52742.144.06$18,375
Feb 200905,08032.814.63$23,536
Jan 200904,25935.865.37$22,875
Dec 200805,91837.105.98$35,373
Nov 200804,80755.496.86$32,978
Oct 200804,29875.246.92$29,751
Sep 20081833,832101.767.88$48,807
Aug 200804,654114.228.48$39,480
Jul 200804,904131.0811.39$55,854
Jun 20081845,680131.3313.03$98,190
May 200806,063123.1711.57$70,175
Apr 20081836,104110.3110.45$84,003
Mar 200807,935101.909.66$76,684
Feb 20082018,84992.538.77$96,209
Jan 2008011,22590.388.21$92,109
Dec 20071969,43088.337.30$86,170
Nov 200709,62191.677.29$70,153
Oct 200718712,24282.856.92$100,232
Sep 2007013,02875.846.24$81,349
Aug 200718815,04669.066.39$109,096
Jul 200721318,56970.906.39$133,719
Jun 2007024,15462.007.55$182,325
May 2007037,11258.747.85$291,191
Apr 2007055,12359.617.81$430,246
Mar 2007035,32356.927.30$257,927

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.

Jul 2015 — as filed, then multipliedworked
Condensate             2 bbl  × $ 48.15 =        $96
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                      $96

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. 10/G/232949 is the state's own key, not one this site invented.