COATES, F. G., TRUSTEE -B-

Operated by SPRING TREE MANAGEMENT LC (P-5 810558) in the SHACKELFORD COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3463District 7BField 82522001OilCasinghead gasSaveExport
Value, all time
$114 k
Jan 1993 – May 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
245
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 1,335 leases and 6,064 wells, and the rule below applies to all of them.

Discovered
1913-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 82 = 6000 TO 8000'

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
OilDisposition4,341 bbl$113,504
Casinghead gasProduction19 Mcf$0
Total$113,504

19 Mcf of this lease's gas, across 19 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.

Wells on this lease (5)

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 32.6813, -99.5478. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles. 3 wells have no surveyed location and are left out of it.

32.68129, -99.54780 · centre of 2 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%
5 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
1,634 ft
2 wells filed one
Completion to plug
56.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
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

Between 1,629 and 1,639 ft, median 1,634 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1956
1 of 5 wells; 4 filed none
Plug dates filed
May 2012 – Jul 2012
2 of 5 wells; 3 filed none

Last completion to plug: a median of 56.3 years across the 1 well that filed both dates, with the middle half between 56.3 years and 56.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-4170187621,629 ftJul 2012Yes
42-417811862BYes
42-417811873Yes
42-417811884Yes
42-4178118411,639 ftFeb 1956May 2012Yes

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 (245)

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

245 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201319091.603.42$1,740
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200911032.814.63$361
Jan 200911035.865.37$394
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200822075.246.92$1,655
Sep 2008100101.767.88$1,018
Aug 200800114.228.48$0
Jul 2008100131.0811.39$1,311
Jun 200800131.3313.03$0
May 2008110123.1711.57$1,355
Apr 2008110110.3110.45$1,213
Mar 2008190101.909.66$1,936
Feb 20080092.538.77$0
Jan 200822090.388.21$1,988
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200718069.066.39$1,243
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200711058.747.85$646
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200711055.108.22$606
Jan 20070050.306.73$0
Dec 200621056.656.92$1,190
Nov 20060054.207.62$0
Oct 200622054.906.01$1,208
Sep 20060060.085.04$0
Aug 200611068.717.34$756
Jul 200611069.376.34$763
Jun 200611066.286.38$729
May 200611066.016.42$726
Apr 200611064.397.36$708
Mar 200633056.707.08$1,871
Feb 20060057.597.75$0
Jan 200611060.598.93$666
Dec 200510054.9413.42$549
Nov 200511054.6910.59$602
Oct 200533058.3413.80$1,925
Sep 200511061.4512.08$676
Aug 200522061.519.80$1,353
Jul 20050055.697.84$0
Jun 200522052.337.38$1,151
May 20050045.226.65$0
Apr 200511049.207.36$541
Mar 200522050.377.15$1,108
Feb 200511045.226.31$497
Jan 200522043.166.32$950
Dec 200431039.866.75$1,236
Nov 200432045.286.33$1,449
Oct 20040049.706.52$0
Sep 200410043.245.28$432
Aug 20040042.375.55$0
Jul 200433038.286.08$1,263
Jun 200411036.106.43$397
May 200411037.486.49$412
Apr 200422034.475.86$758
Mar 200421034.365.53$722
Feb 200433032.455.51$1,071
Jan 200421032.036.30$673
Dec 200322030.266.30$666
Nov 200333028.804.60$950
Oct 200322028.174.76$620
Sep 200322026.314.75$579
Aug 200322029.765.13$655
Jul 200332029.415.17$941
Jun 200322028.565.98$628
May 200333026.595.97$877
Apr 200322026.675.41$587
Mar 200322031.146.10$685
Feb 200331033.487.93$1,038
Jan 200321030.315.58$637
Dec 200232026.914.85$861
Nov 200222024.664.14$543
Oct 200222026.464.23$582
Sep 200232027.443.64$878
Aug 200232025.963.16$831
Jul 200222024.583.06$541
Jun 200222023.733.34$522
May 200232024.663.58$789
Apr 200231023.653.51$733
Mar 200231022.003.10$682
Feb 200231018.222.38$565
Jan 200232017.172.38$549
Dec 200131016.932.36$525
Nov 200141018.072.41$741
Oct 200142019.782.53$831
Sep 200154024.262.25$1,310
Aug 200143024.873.05$1,069
Jul 200123023.933.20$550
Jun 200145024.563.82$1,105
May 200142025.524.31$1,072
Apr 200152024.685.34$1,283
Mar 200118024.545.38$442
Feb 200169027.755.77$1,915
Jan 200123027.478.40$632
Dec 200014026.889.12$376
Nov 20006032.215.66$193
Oct 200026031.235.15$812
Sep 200018031.875.19$574
Aug 200018029.644.54$534
Jul 200018028.534.09$514
Jun 200018029.304.40$527
May 200018027.263.68$491
Apr 200017024.513.12$417
Mar 200017028.422.86$483
Feb 200017027.622.73$470
Jan 200018025.272.48$455
Dec 199918024.282.42$437
Nov 199918023.192.43$417
Oct 199926020.982.80$545
Sep 199917021.752.62$370
Aug 199917019.262.88$327
Jul 199926017.892.37$465
Jun 199925015.942.36$399
May 199916015.792.32$253
Apr 199934015.102.21$513
Mar 199924012.471.84$299
Feb 19991809.981.82$180
Jan 199917010.381.90$176
Dec 19981709.201.77$156
Nov 199826010.892.19$283
Oct 199818012.421.97$224
Sep 19988012.592.08$101
Aug 199815011.301.91$170
Jul 199842011.742.24$493
Jun 19980011.242.24$0
May 199817012.622.21$215
Apr 199821013.042.51$274
Mar 199825012.802.31$320
Feb 199817013.952.30$237
Jan 199834014.702.15$500
Dec 199717016.322.41$277
Nov 199733018.193.09$600
Oct 199717019.253.15$327
Sep 199725017.742.95$444
Aug 199726017.862.55$464
Jul 199724017.582.25$422
Jun 199733017.242.26$569
May 199726018.972.31$493
Apr 199726017.882.08$465
Mar 199725018.951.94$474
Feb 199725020.492.21$512
Jan 199725023.483.54$587
Dec 199623023.32$536
Nov 199625021.97$549
Oct 199634023.31$793
Sep 199624022.22$533
Aug 199633020.26$669
Jul 199634019.55$665
Jun 199625018.73$468
May 199626019.43$505
Apr 199636021.51$774
Mar 199626019.38$504
Feb 199625016.98$425
Jan 199631017.07$529
Dec 199533017.19$567
Nov 199533016.00$528
Oct 199532015.43$494
Sep 199525016.18$405
Aug 199525015.92$398
Jul 199525015.24$381
Jun 199530016.41$492
May 199526017.56$457
Apr 199525017.73$443
Mar 199533016.44$543
Feb 199533016.58$547
Jan 199534015.92$541
Dec 199440015.03$601
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199488015.29$1,346
Aug 199490116.13$1,452
Jul 19940117.56$0
Jun 199424117.09$410
May 199442115.88$667
Apr 199440114.14$566
Mar 19940112.46$0
Feb 199446112.50$575
Jan 19940112.66$0
Dec 1993109112.33$1,344
Nov 1993200114.49$2,898
Oct 199319115.85$301
Sep 19930115.03$0
Aug 199331115.66$485
Jul 19930115.46$0
Jun 19930016.79$0
May 199318117.68$318
Apr 19930118.05$0
Mar 19930118.14$0
Feb 199339117.90$698
Jan 19930116.93$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.

Jan 2013 — as filed, then multipliedworked
Oil                   19 bbl  × $ 91.60 =     $1,740
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,740

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/3463 is the state's own key, not one this site invented.