COTHES "B"
COTHES "B" is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Seaboard Oil Company. It has 4 wellbores on file with the Commission. Reported production runs from October 1997 to August 2026, totalling 96,978 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $503K, with roughly $97K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 173 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was April 2018, at 513 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about COTHES "B"
- Who operates COTHES "B"?
- COTHES "B" is operated by Seaboard Oil Company, Railroad Commission of Texas operator number 760901.
- Where is COTHES "B"?
- COTHES "B" is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67843.
- Is COTHES "B" still producing?
- COTHES "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COTHES "B" is August 2026.
- How much has COTHES "B" produced?
- COTHES "B" has reported 96,978 barrels of oil (bbl) to the Railroad Commission of Texas between October 1997 and August 2026, from 4 wellbores.
- How much is COTHES "B" worth?
- The remaining production from COTHES "B" is estimated to be worth about $503K in total as of 27 August 2026, within a range of $392K to $614K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COTHES "B" is a fraction of it. The estimate fits an Arps decline curve to the production COTHES "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COTHES "B" is an estimate of value, not an offer and not an appraisal.
- How much income does COTHES "B" generate in a year?
- COTHES "B" is forecast to net about $97K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COTHES "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaboard Oil Company |
|---|---|
| Field | Harris |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 67843 |
| Wellbores | 4 |
| Reported production | 96,978 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $503K |
Where COTHES "B" sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.