COATS UNIT
COATS UNIT is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 30,571 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 $6K, with roughly $1K expected over the next twelve months.
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Aspermont Lake (Canyon Reef) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 32176 |
| Wellbores | 1 |
| Reported production | 30,571 bbl |
| First reported | August 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.