CORONADO (SA)

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 18560District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$12.6 M
Oct 2012 – May 2020
Value, last 12 filed months
$281 k
at the published price for each month
Months reported
92
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 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.

StreamBasisVolumeValue
OilDisposition115,755 bbl$9,520,144
Casinghead gasProduction869,237 Mcf$3,058,680
Total$12,578,823

Wells on this lease (2)

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 31.1254, -101.2023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.12542, -101.20235 · centre of the 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,824 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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

Between 6,748 and 6,899 ft, median 6,824 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2012 – Oct 2014
2 of 2 wells

2 wells

42-235358924H6,899 ftOct 2014Yes
42-235350663H6,748 ftOct 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 (92)

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

92 months

May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20203026,22049.881.98$27,384
Jan 20202986,72157.252.09$31,139
Dec 20192776,63159.012.30$31,626
Nov 20193035,43355.302.75$31,700
Oct 20192986,11853.472.42$30,731
Sep 20192498,91555.052.66$37,397
Aug 20192508,31553.112.30$32,438
Jul 20192616,40256.272.46$30,436
Jun 20192455,99152.782.49$27,856
May 20192927,03758.482.74$36,360
Apr 20192936,03762.632.75$34,957
Mar 20192587,24656.803.06$36,842
Feb 20193246,95450.852.79$35,893
Jan 20193837,29246.033.23$41,169
Dec 20183417,09446.594.19$45,579
Nov 20183217,81552.934.24$50,105
Oct 20183689,12261.443.40$53,607
Sep 20183237,83959.543.11$43,595
Aug 20183347,50659.403.07$42,857
Jul 20183737,67665.142.93$46,802
Jun 20183678,01060.183.08$46,732
May 20182948,45065.382.90$43,733
Apr 20183208,19563.842.90$44,201
Mar 20183518,09961.222.79$44,059
Feb 20183087,14361.782.77$38,787
Jan 20184387,53662.874.01$57,751
Dec 20173877,52157.272.92$44,136
Nov 20174838,07355.423.12$51,942
Oct 20173868,18449.292.98$43,444
Sep 20173977,06647.523.09$40,680
Aug 20174078,41845.373.00$43,757
Jul 20173358,58043.873.09$41,185
Jun 20172398,48642.493.09$36,354
May 20172347,95745.373.26$36,583
Apr 20172668,31447.933.21$39,451
Mar 20173558,18946.772.98$41,037
Feb 20173617,10050.452.95$39,176
Jan 20175777,45249.413.42$53,986
Dec 20164147,99548.763.72$49,951
Nov 20164556,90342.492.64$37,587
Oct 20165167,69746.193.09$47,620
Sep 20164497,69741.553.10$42,522
Aug 20165387,69741.442.92$44,803
Jul 20165878,67341.622.92$49,794
Jun 20165027,97945.352.69$44,196
May 20166149,42642.521.99$44,875
Apr 20166989,24136.561.99$43,918
Mar 20167048,45933.011.79$38,415
Feb 20167276,98526.472.06$33,658
Jan 20167677,16427.352.36$37,916
Dec 20156916,87932.362.00$36,128
Nov 20157706,26538.792.17$43,447
Oct 20157295,82643.552.43$45,885
Sep 20157795,53542.992.76$48,757
Aug 20159646,00440.162.87$55,961
Jul 20159904,25148.152.95$60,188
Jun 2015010056.152.88$288
May 2015383655.212.96$2,636
Apr 20151362249.822.71$2,331
Mar 2015411,35342.892.93$5,729
Feb 201511196344.662.98$7,823
Jan 20153355,17143.433.10$30,582
Dec 20142051,03054.693.59$14,911
Nov 20141,1151,26470.464.25$83,937
Oct 20141,4026,64178.303.90$135,683
Sep 20141,98819,12986.164.05$248,671
Aug 20142,19321,76289.394.04$283,845
Jul 20141,72223,06396.564.18$262,670
Jun 20141,78422,53998.164.74$281,882
May 20141,83022,69194.734.73$280,606
Apr 201464720,03395.944.81$158,414
Mar 20142,30121,65195.895.06$330,128
Feb 20142,24721,95697.406.19$354,809
Jan 20143,14215,77090.404.86$360,690
Dec 20131,83698491.824.35$172,866
Nov 20132,5311,21788.853.74$229,429
Oct 20133,5358,48197.423.78$376,432
Sep 20135,6986,567104.113.72$617,633
Aug 20131,6501,134104.253.52$176,007
Jul 2013392845102.523.72$43,329
Jun 20133,54923,28594.403.93$426,615
May 20133,92521,18594.834.15$460,106
Apr 20134,77921,77093.964.28$542,267
Mar 20135,14029,41293.623.91$596,292
Feb 20135,40934,18391.233.42$610,366
Jan 20136,87834,06191.603.42$746,510
Dec 20129,20829,20586.773.42$898,864
Nov 201211,26827,73286.953.62$1,080,280
Oct 20124,3866,78989.383.40$415,101

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                  302 bbl  × $ 49.88 =    $15,064
Casinghead gas     6,220 Mcf  × $  1.98 =    $12,320

────────────────────────────────────────────────────
Month total                                  $27,384

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/18560 is the state's own key, not one this site invented.