COATS -A-

Operated by S & H RESOURCES (P-5 740282) in the GOLDSBORO (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19206District 7BField 35636250OilCasinghead gasSaveExport
Value, all time
$508 k
Jan 1993 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
278
no gaps in the span
Streams
2
oil, casinghead 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 38 leases and 135 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: HULL DOBBS /GDNR/ FRMLY. DIST 7C COMBINED W/GOLDSBORO 8/1/54.

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
OilDisposition8,583 bbl$314,879
Casinghead gasProduction65,752 Mcf$193,344
Total$508,223

25,633 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (278)

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

278 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013540104.113.72$5,622
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201201689.383.40$54
Sep 201208094.672.92$233
Aug 201209292.662.91$268
Jul 201208185.133.02$245
Jun 201207679.822.52$191
May 201207791.612.49$192
Apr 2012080101.652.00$160
Mar 2012082105.052.22$182
Feb 2012077101.102.57$198
Jan 201208498.092.73$230
Dec 201108096.873.24$259
Nov 201106995.723.31$228
Oct 2011010384.983.65$376
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201106194.144.52$276
Jun 201107392.904.64$339
May 201106998.134.40$304
Apr 20110108105.964.33$468
Mar 201113417496.364.06$13,618
Feb 2011014785.644.18$614
Jan 2011012986.504.59$592
Dec 2010018685.734.35$809
Nov 2010019380.843.80$733
Oct 2010020378.103.51$712
Sep 201014421972.633.98$11,330
Aug 2010023473.684.42$1,034
Jul 2010025772.554.74$1,217
Jun 201015025670.364.91$11,811
May 201005171.124.24$216
Apr 2010012981.694.12$532
Mar 2010011178.394.39$487
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200906971.445.48$378
Nov 2009018274.593.75$683
Oct 200915122672.544.11$11,882
Sep 2009022965.543.06$702
Aug 2009017767.423.22$570
Jul 20090061.133.46$0
Jun 200915121866.163.90$10,839
May 2009027854.743.93$1,091
Apr 2009028246.773.59$1,012
Mar 200916027442.144.06$7,855
Feb 2009027532.814.63$1,274
Jan 2009030235.865.37$1,622
Dec 200815729137.105.98$7,564
Nov 2008017255.496.86$1,180
Oct 2008010675.246.92$734
Sep 20080198101.767.88$1,560
Aug 20080309114.228.48$2,621
Jul 2008151275131.0811.39$22,925
Jun 20080309131.3313.03$4,027
May 20080270123.1711.57$3,125
Apr 2008153316110.3110.45$20,181
Mar 20080376101.909.66$3,634
Feb 200815333192.538.77$17,060
Jan 2008036390.388.21$2,979
Dec 200714935488.337.30$15,746
Nov 2007043591.677.29$3,172
Oct 200715143582.856.92$15,521
Sep 2007015475.846.24$962
Aug 200704669.066.39$294
Jul 2007011670.906.39$741
Jun 2007024862.007.55$1,872
May 2007010358.747.85$808
Apr 2007010459.617.81$812
Mar 2007011756.927.30$854
Feb 200704355.108.22$353
Jan 2007022350.306.73$1,500
Dec 200617428856.656.92$11,850
Nov 2006025854.207.62$1,965
Oct 2006034954.906.01$2,099
Sep 2006029260.085.04$1,471
Aug 200609668.717.34$705
Jul 200605469.376.34$343
Jun 200603066.286.38$192
May 2006175066.016.42$11,552
Apr 2006017864.397.36$1,310
Mar 200602556.707.08$177
Feb 2006022557.597.75$1,744
Jan 200608860.598.93$786
Dec 200508854.9413.42$1,181
Nov 200516626854.6910.59$11,916
Oct 2005026858.3413.80$3,697
Sep 2005021861.4512.08$2,633
Aug 200509461.519.80$921
Jul 200508555.697.84$667
Jun 2005028752.337.38$2,118
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200417821139.866.75$8,520
Nov 2004028645.286.33$1,811
Oct 2004030549.706.52$1,987
Sep 2004029043.245.28$1,532
Aug 2004030442.375.55$1,687
Jul 200417927838.286.08$8,544
Jun 2004027536.106.43$1,769
May 2004027837.486.49$1,805
Apr 2004017034.475.86$996
Mar 2004026134.365.53$1,443
Feb 2004013232.455.51$727
Jan 2004021132.036.30$1,329
Dec 200315127130.266.30$6,277
Nov 2003027528.804.60$1,264
Oct 200316629928.174.76$6,099
Sep 2003030226.314.75$1,434
Aug 200317127729.765.13$6,510
Jul 2003029629.415.17$1,531
Jun 200317828428.565.98$6,783
May 200314330626.595.97$5,630
Apr 2003036126.675.41$1,952
Mar 2003025731.146.10$1,567
Feb 2003020333.487.93$1,609
Jan 200315322830.315.58$5,910
Dec 2002021826.914.85$1,058
Nov 2002020324.664.14$840
Oct 2002020126.464.23$850
Sep 2002019727.443.64$716
Aug 2002018625.963.16$589
Jul 2002018924.583.06$579
Jun 2002019323.733.34$644
May 2002021224.663.58$760
Apr 2002156023.653.51$3,689
Mar 2002022522.003.10$698
Feb 2002011418.222.38$271
Jan 2002022117.172.38$525
Dec 2001021716.932.36$513
Nov 2001019918.072.41$479
Oct 2001020419.782.53$516
Sep 2001020924.262.25$471
Aug 200115421124.873.05$4,474
Jul 2001021923.933.20$700
Jun 2001020624.563.82$788
May 2001024625.524.31$1,060
Apr 2001023724.685.34$1,264
Mar 2001022124.545.38$1,188
Feb 200114424027.755.77$5,380
Jan 2001023727.478.40$1,991
Dec 2000024126.889.12$2,199
Nov 2000022832.215.66$1,290
Oct 200014923631.235.15$5,868
Sep 2000024831.875.19$1,286
Aug 2000025529.644.54$1,158
Jul 2000024628.534.09$1,006
Jun 200015424729.304.40$5,598
May 2000021927.263.68$806
Apr 2000026524.513.12$826
Mar 2000026828.422.86$766
Feb 2000025827.622.73$703
Jan 200017127525.272.48$5,003
Dec 1999029724.282.42$720
Nov 19990023.192.43$0
Oct 1999029820.982.80$836
Sep 199916026621.752.62$4,177
Aug 1999028219.262.88$811
Jul 1999030817.892.37$731
Jun 19990015.942.36$0
May 199916131015.792.32$3,262
Apr 1999029515.102.21$651
Mar 199915528212.471.84$2,451
Feb 199901799.981.82$325
Jan 1999028510.381.90$541
Dec 199802769.201.77$489
Nov 1998030310.892.19$662
Oct 1998030512.421.97$601
Sep 199817427912.592.08$2,772
Aug 1998031511.301.91$601
Jul 1998034611.742.24$774
Jun 1998034411.242.24$770
May 1998034812.622.21$768
Apr 199816534313.042.51$3,011
Mar 1998035012.802.31$808
Feb 1998032013.952.30$736
Jan 1998035614.702.15$767
Dec 199715035016.322.41$3,292
Nov 1997034018.193.09$1,050
Oct 1997035119.253.15$1,106
Sep 199713034317.742.95$3,320
Aug 1997035917.862.55$917
Jul 1997035917.582.25$807
Jun 199715735917.242.26$3,517
May 1997037118.972.31$856
Apr 1997035317.882.08$735
Mar 199711138018.951.94$2,840
Feb 1997034420.492.21$759
Jan 19977237823.483.54$3,029
Dec 199612839123.32$2,985
Nov 1996033921.97$0
Oct 199610236823.31$2,378
Sep 1996036622.22$0
Aug 199611338720.26$2,289
Jul 1996038519.55$0
Jun 199612938318.73$2,416
May 1996042819.43$0
Apr 199612443221.51$2,667
Mar 1996039019.38$0
Feb 199616851716.98$2,853
Jan 1996040517.07$0
Dec 199513147617.19$2,252
Nov 1995044916.00$0
Oct 1995056115.43$0
Sep 199513855916.18$2,233
Aug 1995057015.92$0
Jul 199514859115.24$2,256
Jun 1995053716.41$0
May 199517247717.56$3,020
Apr 1995044417.73$0
Mar 1995048716.44$0
Feb 199516950416.58$2,802
Jan 1995054615.92$0
Dec 1994051115.03$0
Nov 199415056515.90$2,385
Oct 1994075215.58$0
Sep 1994053615.29$0
Aug 1994053216.13$0
Jul 1994082017.56$0
Jun 199414654717.09$2,495
May 1994090615.88$0
Apr 1994086614.14$0
Mar 1994082112.46$0
Feb 1994086712.50$0
Jan 199413285412.66$1,671
Dec 1993087912.33$0
Nov 1993041814.49$0
Oct 1993046415.85$0
Sep 199315646615.03$2,345
Aug 1993039715.66$0
Jul 1993053015.46$0
Jun 199313553016.79$2,267
May 1993056917.68$0
Apr 199316851918.05$3,032
Mar 1993050518.14$0
Feb 199311939017.90$2,130
Jan 1993039716.93$0

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.

Sep 2013 — as filed, then multipliedworked
Oil                   54 bbl  × $104.11 =     $5,622
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $5,622

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. 7B/O/19206 is the state's own key, not one this site invented.