COATES, P. C. -64-

COATES, P. C. -64- is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Ozark Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,830 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 $115K, with roughly $22K 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 28 barrels a month. Its strongest month on the record we hold was March 2023, at 578 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COATES, P. C. -64-

Who operates COATES, P. C. -64-?: COATES, P. C. -64- is operated by Ozark Exploration, Inc., Railroad Commission of Texas operator number 630611.
Where is COATES, P. C. -64-?: COATES, P. C. -64- is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 25403.
Is COATES, P. C. -64- still producing?: COATES, P. C. -64- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COATES, P. C. -64- is August 2026.
How much has COATES, P. C. -64- produced?: COATES, P. C. -64- has reported 20,830 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is COATES, P. C. -64- worth?: The remaining production from COATES, P. C. -64- is estimated to be worth about $115K in total as of 27 August 2026, within a range of $63K to $167K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COATES, P. C. -64- is a fraction of it. The estimate fits an Arps decline curve to the production COATES, P. C. -64- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COATES, P. C. -64- is an estimate of value, not an offer and not an appraisal.
How much income does COATES, P. C. -64- generate in a year?: COATES, P. C. -64- is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COATES, P. C. -64- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COATES, P. C. -64- as filed with the Railroad Commission of Texas
Operator	Ozark Exploration, Inc.
Field	Coates (Strawn)
County	Pecos County, Texas
RRC district	08
Lease number	25403
Wellbores	1
Reported production	20,830 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$115K

Where COATES, P. C. -64- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.