COATES
COATES is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Caddo Operating Inc. It has 7 wellbores on file with the Commission. Reported production runs from March 1999 to August 2026, totalling 55,889 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $9K, with roughly $2K expected over the next twelve months.
| Operator | Caddo Operating Inc. |
|---|---|
| Field | Whitley (Gray Sand) |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 28607 |
| Wellbores | 7 |
| Reported production | 55,889 bbl |
| First reported | March 1999 |
| Last reported | August 2026 |
| Estimated royalty value | $9K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.