COATES 738

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20545District 7CField 85279200OilCasinghead gasSave
Value, all time
$87.0 M
Mar 2020 – May 2026
Value, last 12 filed months
$9.4 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition599,537 bbl$39,379,733
Casinghead gasProduction12,943,705 Mcf$47,595,067
Total$86,974,801

Wells on this lease (24)

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 31.2493, -101.4584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.25122, -101.45878 · 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
0.0%
0 of 24 wells
With a plug date
0.0%
0 of 24 wells
Median depth
7,521 ft
24 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
24100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 24 of 24 wells. Median 7,521 ft, with the middle half between 7,311 and 7,778 ft; the shallowest is 7,255 ft and the deepest 7,941 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

10s
20s

Last completion by decade, 24 of 24 wells, Nov 2014 – Sep 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2014 – Sep 2023
24 of 24 wells

24 wells

42-38340007330HK7,921 ftSep 2023
42-383393430328HS7,313 ftMay 2023
42-383386040303H7,525 ftAug 2022
42-38340004322HC7,612 ftNov 2021
42-383393460329HA7,516 ftNov 2021
42-383388580317GC7,616 ftMay 2021
42-383390660304HR7,268 ftMay 2021
42-38340008335HK7,734 ftMay 2018
42-38340009376HE7,938 ftMay 2018
42-38340011375HE7,713 ftMay 2018
42-38340013319HA7,473 ftMay 2018
42-383400060324HA7,466 ftMay 2018
42-38340014321HT7,281 ftMay 2018
42-383388500314HA7,462 ftApr 2018
42-383388590316HT7,285 ftApr 2018
42-383388490313HS7,268 ftApr 2018
42-383388510315HK7,941 ftApr 2018
42-383388520320HK7,932 ftDec 2015
42-383393440333HS7,305 ftSep 2015
42-383393450334HA7,505 ftSep 2015
42-383387020306H7,557 ftFeb 2015
42-383387010305H7,911 ftFeb 2015
42-383386030302H7,923 ftDec 2014
42-383386000301H7,255 ftNov 2014

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 (75)

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

75 months

May 20263,93586,124106.413.05$681,043
Apr 20263,71178,29298.932.87$591,805
Mar 20265,158148,01689.753.15$929,098
Feb 20265,577127,66163.503.75$832,909
Jan 20264,375133,59159.138.00$1,327,144
Dec 20255,929169,83356.664.41$1,085,471
Nov 20253,61195,34958.593.93$585,951
Oct 20252,77545,07159.383.30$313,732
Sep 20254,633141,72662.743.08$726,754
Aug 20255,542143,34563.933.01$786,451
Jul 20255,077142,17366.743.32$810,171
Jun 20254,992138,72666.483.13$765,903
May 20255,444139,06160.553.23$779,124
Apr 20255,578131,75962.363.54$814,682
Mar 20255,909140,93567.704.27$1,001,595
Feb 20255,223128,72770.884.34$928,990
Jan 20256,075139,06274.324.28$1,046,496
Dec 20245,692132,72668.993.12$806,978
Nov 20245,885130,34169.052.20$692,906
Oct 20245,867134,73471.372.28$726,110
Sep 20245,642127,81669.612.36$694,943
Aug 20244,573125,41375.632.06$604,662
Jul 20244,192118,02779.932.15$588,422
Jun 20244,019112,16678.082.63$609,247
May 20242,572110,23178.812.20$445,036
Apr 20243,865169,67784.451.66$607,927
Mar 20246,491218,07880.301.55$858,186
Feb 20246,346204,12576.091.78$846,953
Jan 20246,594203,38573.023.30$1,152,188
Dec 20236,637209,99971.262.61$1,021,201
Nov 20236,548207,29077.892.81$1,092,003
Oct 20236,807227,24885.443.09$1,283,168
Sep 20236,024219,52089.042.74$1,136,773
Aug 20236,557224,24180.522.67$1,127,339
Jul 20236,800220,80474.852.64$1,092,300
Jun 20236,541198,01668.962.26$898,283
May 20237,020197,82270.622.23$936,381
Apr 20236,307193,47678.122.24$925,656
Mar 20237,269205,60372.852.39$1,021,588
Feb 20237,148178,49575.112.47$976,998
Jan 20237,076189,55676.533.39$1,183,689
Dec 20227,714204,30476.415.73$1,759,901
Nov 20227,717199,88385.005.65$1,784,524
Oct 20228,191209,98787.185.86$1,945,405
Sep 20228,214208,34584.888.16$2,398,066
Aug 20229,080197,22794.529.13$2,658,364
Jul 20227,652191,363101.587.54$2,220,565
Jun 20228,319192,844115.097.98$2,495,789
May 20228,382199,673109.378.43$2,600,590
Apr 20228,970195,281104.226.84$2,270,107
Mar 20229,313191,323108.885.08$1,985,232
Feb 20228,456168,50191.054.86$1,588,638
Jan 20229,914192,85381.844.54$1,686,467
Dec 202110,186191,04871.323.90$1,471,385
Nov 20218,411175,69277.435.24$1,571,336
Oct 20219,143191,44379.795.71$1,823,400
Sep 202110,287198,70769.865.35$1,781,915
Aug 202110,162195,38466.024.22$1,495,531
Jul 20219,945196,83870.783.98$1,487,732
Jun 202110,644204,92669.493.38$1,432,428
May 202112,312197,17863.483.02$1,376,584
Apr 202111,358183,40760.362.76$1,191,482
Mar 202112,544191,63761.302.72$1,289,613
Feb 20219,260131,66057.805.55$1,265,671
Jan 202113,052191,02550.412.81$1,194,783
Dec 202012,652190,10444.642.68$1,073,401
Nov 202012,885188,80138.772.71$1,010,555
Oct 202013,591198,67036.972.48$994,849
Sep 202013,083191,38637.091.99$866,306
Aug 202014,331198,15739.982.39$1,045,578
Jul 202014,634196,25438.371.83$919,694
Jun 202014,254188,11234.901.69$815,432
May 202015,325201,23316.921.81$624,487
Apr 202015,482195,03714.751.80$580,280
Mar 202018,058207,18230.341.86$932,457

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.

May 2026 — as filed, then multipliedworked
Oil                3,935 bbl  × $106.41 =   $418,723
Casinghead gas    86,124 Mcf  × $  3.05 =   $262,320

────────────────────────────────────────────────────
Month total                                 $681,043

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/20545 is the state's own key, not one this site invented.