COATES, F. G. TRUSTEE -C-

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 6353District 7BField 82522001OilCasinghead gasSaveExport
Value, all time
$42 k
Jan 1993 – Jul 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
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
OilDisposition2,422 bbl$42,083
Casinghead gasProduction20 Mcf$0
Total$42,083

20 Mcf of this lease's gas, across 20 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 32.6739, -99.5449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles. 2 wells have no surveyed location and are left out of it.

32.67387, -99.54092 · centre of 3 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
60.0%
3 of 5 wells
Median depth
1,661 ft
3 wells filed one
Completion to plug
8.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
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 1,639 and 1,870 ft, median 1,661 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1993 – Jan 2001
2 of 5 wells; 3 filed none
Plug dates filed
May 2000 – May 2012
3 of 5 wells; 2 filed none

Last completion to plug: a median of 8.8 years across the 2 wells that filed both dates, with the middle half between 7.6 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-4178215111,639 ftMay 2012Yes
42-417821522Yes
42-417821533Yes
42-417383065C1,870 ftJan 2001Jan 2012Yes
42-417367264 C1,661 ftDec 1993May 2000Yes

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 (235)

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

235 months

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 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
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 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20002032.215.66$64
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 199926015.942.36$414
May 199917015.792.32$268
Apr 199934015.102.21$513
Mar 199924012.471.84$299
Feb 19991709.981.82$170
Jan 199918010.381.90$187
Dec 19981709.201.77$156
Nov 199826010.892.19$283
Oct 199817012.421.97$211
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 199732017.242.26$552
May 199726018.972.31$493
Apr 199725017.882.08$447
Mar 199725018.951.94$474
Feb 199725020.492.21$512
Jan 199725023.483.54$587
Dec 199623023.32$536
Nov 199624021.97$527
Oct 199634023.31$793
Sep 199625022.22$556
Aug 199634020.26$689
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 199532017.19$550
Nov 199533016.00$528
Oct 199532015.43$494
Sep 199525016.18$405
Aug 199525015.92$398
Jul 199526015.24$396
Jun 199530016.41$492
May 199525017.56$439
Apr 199525017.73$443
Mar 199532016.44$526
Feb 199533016.58$547
Jan 199534015.92$541
Dec 199447015.03$706
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199481015.29$1,238
Aug 199484116.13$1,355
Jul 19940117.56$0
Jun 199422117.09$376
May 199439115.88$619
Apr 199436114.14$509
Mar 19940112.46$0
Feb 199442112.50$525
Jan 19940112.66$0
Dec 1993101112.33$1,245
Nov 1993187114.49$2,710
Oct 199318115.85$285
Sep 19930115.03$0
Aug 199329115.66$454
Jul 19930115.46$0
Jun 19930116.79$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.

Nov 2000 — as filed, then multipliedworked
Oil                    2 bbl  × $ 32.21 =        $64
Casinghead gas         0 Mcf  × $  5.66 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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/6353 is the state's own key, not one this site invented.