COATES 738
COATES 738 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sable Permian Resources, Llc. It has 25 wellbores on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 599,232 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 $807K, with roughly $149K expected over the next twelve months.
| Operator | Sable Permian Resources, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20545 |
| Wellbores | 25 |
| Reported production | 599,232 bbl |
| First reported | March 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $807K |
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.