CORONADO

Name: CORONADO lease production and value, Oct 2011 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABLE PERMIAN RESOURCES, LLC (P-5 742251) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17694District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$77.4 M

Oct 2011 – Jun 2020

Value, last 12 filed months

$2.1 M

at the published price for each month

Months reported

105

no gaps in the span

Streams

oil, casinghead gas

The LIN (WOLFCAMP) field

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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered

1984-10-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: “PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD”

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.

Stream	Basis	Volume	Value
Oil	Disposition	637,303 bbl	$50,394,153
Casinghead gas	Production	8,266,066 Mcf	$27,049,274
Total			$77,443,427

Wells on this lease (8)

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 31.1686, -101.2033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.7 miles.

31.15416, -101.20348 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

8 of 8 wells

With a plug date

0.0%

0 of 8 wells

Median depth

6,979 ft

8 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

8100.0%

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

Total depth in feet, 8 of 8 wells. Median 6,979 ft, with the middle half between 6,930 and 7,013 ft; the shallowest is 6,682 ft and the deepest 7,043 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Oct 2011 – Sep 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Oct 2011 – Sep 2013

8 of 8 wells

8 wells


42-23535319	10H	6,817 ft	Sep 2013	—	Yes
42-23535315	6H	6,969 ft	Aug 2013	—	Yes
42-23535316	7H	7,004 ft	Aug 2013	—	Yes
42-23535135	5H	6,968 ft	Aug 2013	—	Yes
42-23535317	8H	6,988 ft	Aug 2013	—	Yes
42-23535318	9H	7,038 ft	Aug 2013	—	Yes
42-23534941	2H	7,043 ft	May 2012	—	Yes
42-23534773	1H	6,682 ft	Oct 2011	—	Yes

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 (105)

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

105 months


Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	1,637	73,677	49.88	1.98	$227,583
Jan 2020	1,716	81,387	57.25	2.09	$268,726
Dec 2019	1,633	81,081	59.01	2.30	$283,203
Nov 2019	1,775	75,463	55.30	2.75	$305,734
Oct 2019	1,476	78,338	53.47	2.42	$268,385
Sep 2019	1,064	70,727	55.05	2.66	$246,515
Aug 2019	1,170	69,377	53.11	2.30	$222,008
Jul 2019	1,210	78,111	56.27	2.46	$260,244
Jun 2019	1,116	77,248	52.78	2.49	$251,343
May 2019	1,489	84,584	58.48	2.74	$318,864
Apr 2019	1,680	82,486	62.63	2.75	$332,113
Mar 2019	1,435	84,297	56.80	3.06	$339,634
Feb 2019	1,668	75,476	50.85	2.79	$295,563
Jan 2019	2,086	83,065	46.03	3.23	$364,167
Dec 2018	1,828	83,678	46.59	4.19	$435,396
Nov 2018	1,644	83,263	52.93	4.24	$439,822
Oct 2018	1,921	83,969	61.44	3.40	$403,360
Sep 2018	1,526	83,846	59.54	3.11	$351,451
Aug 2018	1,557	91,870	59.40	3.07	$374,211
Jul 2018	1,683	92,309	65.14	2.93	$380,270
Jun 2018	1,660	90,177	60.18	3.08	$377,366
May 2018	1,467	94,317	65.38	2.90	$369,507
Apr 2018	1,869	94,079	63.84	2.90	$392,221
Mar 2018	2,124	93,202	61.22	2.79	$389,770
Feb 2018	1,620	82,648	61.78	2.77	$328,698
Jan 2018	2,423	91,294	62.87	4.01	$518,361
Dec 2017	2,054	94,042	57.27	2.92	$392,378
Nov 2017	2,518	92,597	55.42	3.12	$428,298
Oct 2017	1,949	97,760	49.29	2.98	$387,751
Sep 2017	1,954	89,010	47.52	3.09	$367,653
Aug 2017	2,025	99,394	45.37	3.00	$390,494
Jul 2017	2,517	102,700	43.87	3.09	$427,484
Jun 2017	1,986	96,754	42.49	3.09	$383,092
May 2017	2,580	102,400	45.37	3.26	$451,227
Apr 2017	2,520	97,794	47.93	3.21	$434,859
Mar 2017	2,915	99,090	46.77	2.98	$431,987
Feb 2017	2,374	86,445	50.45	2.95	$375,006
Jan 2017	3,354	91,279	49.41	3.42	$477,786
Dec 2016	2,552	92,233	48.76	3.72	$467,803
Nov 2016	8,466	93,163	42.49	2.64	$606,076
Oct 2016	9,800	123,314	46.19	3.09	$833,734
Sep 2016	4,383	105,743	41.55	3.10	$509,984
Aug 2016	3,100	105,743	41.44	2.92	$437,692
Jul 2016	3,489	99,687	41.62	2.92	$436,731
Jun 2016	3,161	99,678	45.35	2.69	$411,070
May 2016	3,568	105,718	42.52	1.99	$362,200
Apr 2016	4,131	95,998	36.56	1.99	$342,165
Mar 2016	4,131	100,107	33.01	1.79	$315,957
Feb 2016	4,868	97,998	26.47	2.06	$331,088
Jan 2016	4,595	93,930	27.35	2.36	$347,758
Dec 2015	4,118	93,996	32.36	2.00	$321,383
Nov 2015	4,429	92,217	38.79	2.17	$371,666
Oct 2015	4,409	106,946	43.55	2.43	$451,525
Sep 2015	5,020	111,711	42.99	2.76	$523,956
Aug 2015	5,309	104,349	40.16	2.87	$512,951
Jul 2015	4,909	99,273	48.15	2.95	$528,735
Jun 2015	5,195	99,293	56.15	2.88	$577,947
May 2015	6,693	105,780	55.21	2.96	$682,148
Apr 2015	7,316	98,435	49.82	2.71	$630,904
Mar 2015	7,500	94,459	42.89	2.93	$598,885
Feb 2015	7,294	75,829	44.66	2.98	$551,432
Jan 2015	8,692	93,538	43.43	3.10	$667,520
Dec 2014	8,296	103,789	54.69	3.59	$826,452
Nov 2014	10,582	106,375	70.46	4.25	$1,197,897
Oct 2014	6,714	88,294	78.30	3.90	$870,138
Sep 2014	8,234	130,207	86.16	4.05	$1,236,186
Aug 2014	10,359	137,902	89.39	4.04	$1,482,442
Jul 2014	11,334	139,501	96.56	4.18	$1,677,469
Jun 2014	13,104	128,393	98.16	4.74	$1,894,471
May 2014	13,610	129,451	94.73	4.73	$1,901,133
Apr 2014	4,687	122,633	95.94	4.81	$1,039,428
Mar 2014	18,291	154,158	95.89	5.06	$2,533,470
Feb 2014	19,475	147,656	97.40	6.19	$2,811,151
Jan 2014	28,674	166,118	90.40	4.86	$3,399,583
Dec 2013	31,955	155,944	91.82	4.35	$3,613,163
Nov 2013	32,972	132,154	88.85	3.74	$3,423,591
Oct 2013	53,873	147,595	97.42	3.78	$5,806,122
Sep 2013	72,064	126,536	104.11	3.72	$7,973,011
Aug 2013	11,485	17,397	104.25	3.52	$1,258,594
Jul 2013	193	818	102.52	3.72	$22,827
Jun 2013	1,853	23,142	94.40	3.93	$265,950
May 2013	3,497	28,023	94.83	4.15	$447,890
Apr 2013	2,602	21,601	93.96	4.28	$336,992
Mar 2013	2,807	15,632	93.62	3.91	$323,957
Feb 2013	2,515	14,228	91.23	3.42	$278,102
Jan 2013	2,494	16,663	91.60	3.42	$285,436
Dec 2012	3,438	20,126	86.77	3.42	$367,149
Nov 2012	4,010	20,591	86.95	3.62	$423,311
Oct 2012	4,072	25,137	89.38	3.40	$449,413
Sep 2012	4,685	28,772	94.67	2.92	$527,497
Aug 2012	5,865	27,923	92.66	2.91	$624,655
Jul 2012	6,301	40,714	85.13	3.02	$659,393
Jun 2012	8,896	37,561	79.82	2.52	$804,696
May 2012	9,686	19,337	91.61	2.49	$935,451
Apr 2012	2,362	10,295	101.65	2.00	$260,654
Mar 2012	1,711	11,461	105.05	2.22	$205,208
Feb 2012	2,672	11,851	101.10	2.57	$300,599
Jan 2012	2,501	13,571	98.09	2.73	$282,427
Dec 2011	3,856	17,216	96.87	3.24	$429,306
Nov 2011	3,863	20,215	95.72	3.31	$436,704
Oct 2011	3,364	8,714	84.98	3.65	$317,666

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.

Feb 2020 — as filed, then multipliedworked

Oil                1,637 bbl  × $ 49.88 =    $81,654
Casinghead gas    73,677 Mcf  × $  1.98 =   $145,930

────────────────────────────────────────────────────
Month total                                 $227,583

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. 7C/O/17694 is the state's own key, not one this site invented.