COATES Y
COATES Y is a Texas gas lease in Hidalgo County, Railroad Commission district 04, operated by Thorp Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 1,078,800 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $16K, with roughly $4K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,433 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 6,209 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about COATES Y
- Who operates COATES Y?
- COATES Y is operated by Thorp Petroleum Corporation, Railroad Commission of Texas operator number 857119.
- Where is COATES Y?
- COATES Y is a Texas gas lease in Hidalgo County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 200290.
- Is COATES Y still producing?
- COATES Y is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COATES Y is August 2026.
- How much has COATES Y produced?
- COATES Y has reported 1,078,800 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is COATES Y worth?
- The remaining production from COATES Y is estimated to be worth about $16K in total as of 26 August 2026, within a range of $13K to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COATES Y is a fraction of it. The estimate fits an Arps decline curve to the production COATES Y has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COATES Y is an estimate of value, not an offer and not an appraisal.
- How much income does COATES Y generate in a year?
- COATES Y is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COATES Y receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thorp Petroleum Corporation |
|---|---|
| Field | Samano (Fourth Massive) |
| County | Hidalgo County, Texas |
| RRC district | 04 |
| Lease number | 200290 |
| Wellbores | 1 |
| Reported production | 1,078,800 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where COATES Y sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.