COPELAND UNIT NO. 2

Operated by EQV OPERATING LLC (P-5 101634) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139105District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111992-04-07125161
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition6,142 bbl$330,590
GasProduction1,042,340 Mcf$1,752,076
Total$2,082,666

551,927 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.1397, -94.4562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13972, -94.45625 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,994 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,994 ft.

Completions filed
Sep 1990
1 of 1 wells

1 well

42-3653229369,994 ftSep 1990

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20265238106.413.05$1,257
Apr 2026427698.932.87$1,188
Mar 2026636889.753.15$1,697
Feb 202615063.503.75$953
Jan 2026637559.138.00$3,354
Dec 2025935456.664.41$2,072
Nov 20251739658.593.93$2,551
Oct 20252636959.383.30$2,763
Sep 20252226362.743.08$2,190
Aug 20252131063.933.01$2,277
Jul 20252338966.743.32$2,825
Jun 20252836866.483.13$3,013
May 20251533960.553.23$2,004
Apr 20253131162.363.54$3,035
Mar 20255439067.704.27$5,320
Feb 20252328070.884.34$2,846
Jan 20255032674.324.28$5,111
Dec 20243141868.993.12$3,443
Nov 20242742169.052.20$2,790
Oct 20243852071.372.28$3,898
Sep 2024922269.612.36$1,151
Aug 20241653375.632.06$2,310
Jul 2024530579.932.15$1,054
Jun 2024425178.082.63$973
May 2024928178.812.20$1,327
Apr 2024745084.451.66$1,338
Mar 2024824080.301.55$1,013
Feb 20241846076.091.78$2,190
Jan 20241542573.023.30$2,497
Dec 20231743771.262.61$2,352
Nov 2023925377.892.81$1,411
Oct 20232043285.443.09$3,043
Sep 20231143889.042.74$2,177
Aug 20231220980.522.67$1,525
Jul 20231650974.852.64$2,542
Jun 20231541568.962.26$1,972
May 20231942170.622.23$2,280
Apr 20231046778.122.24$1,826
Mar 2023920672.852.39$1,149
Feb 20231243575.112.47$1,974
Jan 2023742876.533.39$1,986
Dec 2022960676.415.73$4,160
Nov 2022727085.005.65$2,119
Oct 2022946287.185.86$3,494
Sep 2022824584.888.16$2,679
Aug 20221445794.529.13$5,494
Jul 202219513101.587.54$5,799
Jun 202213476115.097.98$5,293
May 202213435109.378.43$5,090
Apr 202213451104.226.84$4,439
Mar 202216357108.885.08$3,554
Feb 2022834191.054.86$2,385
Jan 20221123781.844.54$1,976
Dec 20211434471.323.90$2,340
Nov 20211136177.435.24$2,742
Oct 20211433679.795.71$3,037
Sep 20211134069.865.35$2,588
Aug 20211336266.024.22$2,386
Jul 20211535170.783.98$2,459
Jun 2021938469.493.38$1,924
May 20211634063.483.02$2,042
Apr 20211238060.362.76$1,773
Mar 20211438061.302.72$1,891
Feb 2021616657.805.55$1,268
Jan 20211134750.412.81$1,530
Dec 20201129444.642.68$1,278
Nov 20201238438.772.71$1,505
Oct 20201439436.972.48$1,494
Sep 20201439837.091.99$1,312
Aug 20201341239.982.39$1,502
Jul 20201340338.371.83$1,234
Jun 20201241634.901.69$1,122
May 20201040716.921.81$908
Apr 20201741514.751.80$1,000
Mar 20201639030.341.86$1,209
Feb 20202040849.881.98$1,806
Jan 20202136057.252.09$1,956
Dec 20192340559.012.30$2,291
Nov 20192540155.302.75$2,486
Oct 20192040053.472.42$2,037
Sep 20191542055.052.66$1,942
Aug 20191344353.112.30$1,711
Jul 20191339056.272.46$1,691
Jun 20191936852.782.49$1,920
May 20191436358.482.74$1,813
Apr 20192534662.632.75$2,517
Mar 20192953756.803.06$3,292
Feb 20191836150.852.79$1,923
Jan 20191835446.033.23$1,971
Dec 20181527946.594.19$1,867
Nov 20181237152.934.24$2,207
Oct 20181738861.443.40$2,363
Sep 20181132659.543.11$1,668
Aug 20181130959.403.07$1,601
Jul 20181130565.142.93$1,611
Jun 20181731660.183.08$1,995
May 20181437665.382.90$2,006
Apr 20182553663.842.90$3,151
Mar 20181637261.222.79$2,016
Feb 20181537261.782.77$1,956
Jan 20181939162.874.01$2,762
Dec 20171636657.272.92$1,986
Nov 20171534255.423.12$1,898
Oct 20171937249.292.98$2,046
Sep 20171435447.523.09$1,758
Aug 20171332945.373.00$1,578
Jul 20171437143.873.09$1,760
Jun 20171456242.493.09$2,330
May 2017741145.373.26$1,659
Apr 2017039547.933.21$1,269
Mar 2017043346.772.98$1,292
Feb 2017041550.452.95$1,225
Jan 2017054049.413.42$1,846
Dec 2016035848.763.72$1,333
Nov 2016050742.492.64$1,341
Oct 2016039446.193.09$1,218
Sep 2016053741.553.10$1,665
Aug 2016043441.442.92$1,269
Jul 2016056141.622.92$1,641
Jun 2016050045.352.69$1,343
May 2016045042.521.99$896
Apr 2016142736.561.99$887
Mar 2016863133.011.79$1,396
Feb 2016542626.472.06$1,011
Jan 20161064227.352.36$1,791
Dec 2015255532.362.00$1,176
Nov 2015147238.792.17$1,062
Oct 2015149243.552.43$1,237
Sep 2015246542.992.76$1,369
Aug 2015162440.162.87$1,833
Jul 2015144648.152.95$1,362
Jun 2015252556.152.88$1,626
May 2015150755.212.96$1,554
Apr 2015557249.822.71$1,797
Mar 20151034942.892.93$1,453
Feb 20151934044.662.98$1,860
Jan 20157555943.433.10$4,991
Dec 20144041254.693.59$3,667
Nov 20143858570.464.25$5,165
Oct 20144468278.303.90$6,106
Sep 20142753286.164.05$4,478
Aug 20142967089.394.04$5,296
Jul 20143945596.564.18$5,668
Jun 20143766598.164.74$6,782
May 20143561894.734.73$6,237
Apr 20145037895.944.81$6,615
Mar 20145061695.895.06$7,909
Feb 20143349297.406.19$6,261
Jan 20142661390.404.86$5,330
Dec 20132361991.824.35$4,807
Nov 20132062288.853.74$4,102
Oct 20132966997.423.78$5,354
Sep 201333697104.113.72$6,027
Aug 20135484104.253.52$2,226
Jul 20132844102.523.72$3,343
Jun 201341,10794.403.93$4,732
May 2013653294.834.15$2,776
Apr 2013957993.964.28$3,325
Mar 2013862193.623.91$3,179
Feb 2013847591.233.42$2,354
Jan 2013753691.603.42$2,474
Dec 2012742686.773.42$2,064
Nov 2012841386.953.62$2,193
Oct 2012854189.383.40$2,554
Sep 2012983894.672.92$3,298
Aug 20121281692.662.91$3,485
Jul 20121184285.133.02$3,480
Jun 20121285579.822.52$3,112
May 20121191591.612.49$3,285
Apr 2012151,043101.652.00$3,607
Mar 20129469105.052.22$1,988
Feb 201211663101.102.57$2,816
Jan 20121471698.092.73$3,331
Dec 20111164596.873.24$3,155
Nov 2011757095.723.31$2,557
Oct 2011569784.983.65$2,968
Sep 2011648983.623.99$2,451
Aug 2011324383.404.15$1,258
Jul 2011675394.144.52$3,966
Jun 2011890692.904.64$4,947
May 201101298.134.40$53
Apr 20110200105.964.33$867
Mar 20110096.364.06$0
Feb 201145185.644.18$556
Jan 20111122686.504.59$1,989
Dec 20101647585.734.35$3,437
Nov 20102683980.843.80$5,286
Oct 20102174578.103.51$4,254
Sep 20101655972.633.98$3,387
Aug 20102280173.684.42$5,161
Jul 20102896772.554.74$6,612
Jun 20102472170.364.91$5,229
May 20102660071.124.24$4,390
Apr 20103584081.694.12$6,322
Mar 20103697478.394.39$7,097
Feb 20102960373.585.44$5,416
Jan 20103081574.365.96$7,092
Dec 20092472071.445.48$5,663
Nov 20091481574.593.75$4,102
Oct 20091376472.544.11$4,083
Sep 2009141,02365.543.06$4,053
Aug 2009111,05567.423.22$4,137
Jul 2009954561.133.46$2,438
Jun 20091399066.163.90$4,716
May 20091198354.743.93$4,461
Apr 20091285246.773.59$3,618
Mar 2009151,09442.144.06$5,073
Feb 2009525032.814.63$1,322
Jan 20091996435.865.37$5,859
Dec 20081988337.105.98$5,983
Nov 2008261,14355.496.86$9,284
Oct 20082098975.246.92$8,351
Sep 200818709101.767.88$7,417
Aug 2008221,287114.228.48$13,430
Jul 200815756131.0811.39$10,577
Jun 2008261,182131.3313.03$18,819
May 200816874123.1711.57$12,087
Apr 2008221,190110.3110.45$14,868
Mar 200817873101.909.66$10,169
Feb 20081994592.538.77$10,046
Jan 2008301,40790.388.21$14,257
Dec 2007633888.337.30$2,998
Nov 2007492791.677.29$7,126
Oct 2007236082.856.92$2,658
Sep 2007484875.846.24$5,598
Aug 2007470569.066.39$4,780
Jul 200741,05170.906.39$6,997
Jun 2007361062.007.55$4,791
May 200731,47458.747.85$11,742
Apr 200741,60959.617.81$12,797
Mar 2007290656.927.30$6,729
Feb 2007293455.108.22$7,784
Jan 200731,22050.306.73$8,358
Dec 20061056.656.92$57
Nov 200651,05054.207.62$8,269
Oct 2006438454.906.01$2,529
Sep 2006661660.085.04$3,463
Aug 2006101,21868.717.34$9,627
Jul 2006547569.376.34$3,360
Jun 2006866566.286.38$4,776
May 2006501,01266.016.42$9,803
Apr 20063382664.397.36$8,205
Mar 20062538756.707.08$4,159
Feb 20063989657.597.75$9,191
Jan 20064487960.598.93$10,518
Dec 2005441,10554.9413.42$17,241
Nov 20051669554.6910.59$8,234
Oct 2005281,24158.3413.80$18,754
Sep 20051261061.4512.08$8,106
Aug 2005171,00261.519.80$10,862
Jul 20051166455.697.84$5,821
Jun 2005161,04552.337.38$8,550
May 2005191,09945.226.65$8,169
Apr 20051879549.207.36$6,737
Mar 20052287850.377.15$7,390
Feb 2005261,26245.226.31$9,141
Jan 20051787443.166.32$6,259
Dec 2004525539.866.75$1,921
Nov 200491,16145.286.33$7,757
Oct 200471,02949.706.52$7,052
Sep 2004055943.245.28$2,954
Aug 20040042.375.55$0
Jul 20041059638.286.08$4,009
Jun 20042155036.106.43$4,296
May 20042048937.486.49$3,925
Apr 20043381234.475.86$5,895
Mar 20042780234.365.53$5,363
Feb 20042261532.455.51$4,102
Jan 20042154732.036.30$4,119
Dec 20032258230.266.30$4,333
Nov 20031747728.804.60$2,681
Oct 20031547228.174.76$2,669
Sep 20031554126.314.75$2,964
Aug 20032364329.765.13$3,983
Jul 20033082629.415.17$5,153
Jun 20033299528.565.98$6,867
May 2003381,03526.595.97$7,192
Apr 2003201,37926.675.41$7,990
Mar 2003221,40131.146.10$9,226
Feb 2003231,44233.487.93$12,199
Jan 2003221,50130.315.58$9,045
Dec 2002231,58526.914.85$8,312
Nov 2002271,71524.664.14$7,761
Oct 2002221,77726.464.23$8,097
Sep 2002181,56727.443.64$6,190
Aug 2002191,77725.963.16$6,116
Jul 2002231,94724.583.06$6,527
Jun 2002261,91623.733.34$7,013
May 2002383,10724.663.58$12,073
Apr 2002271,95923.653.51$7,519
Mar 2002433,21422.003.10$10,918
Feb 2002553,85018.222.38$10,148
Jan 2002845,25517.172.38$13,926
Dec 20011076,82616.932.36$17,951
Nov 2001623,63018.072.41$9,852
Oct 2001321,73319.782.53$5,016
Sep 2001241,74824.262.25$4,518
Aug 20011024.873.05$25
Jul 2001161,07223.933.20$3,810
Jun 2001201,01524.563.82$4,373
May 2001603,59625.524.31$17,020
Apr 2001825,35224.685.34$30,578
Mar 2001522,05124.545.38$12,303
Feb 2001491,76527.755.77$11,539
Jan 2001832,21427.478.40$20,875
Dec 2000802,15126.889.12$21,773
Nov 2000112,93432.215.66$16,955
Oct 2000122,79431.235.15$14,751
Sep 2000112,97131.875.19$15,760
Aug 2000155,74929.644.54$26,549
Jul 2000123,12928.534.09$13,139
Jun 200093,17129.304.40$14,207
May 2000172,92827.263.68$11,238
Apr 2000192,95624.513.12$9,677
Mar 2000295,80528.422.86$17,425
Feb 2000324,16627.622.73$12,242
Jan 20001324,99625.272.48$15,728
Dec 19991373,80524.282.42$12,549
Nov 19991213,86323.192.43$12,208
Oct 19991135,15120.982.80$16,813
Sep 1999903,04921.752.62$9,942
Aug 199904,44819.262.88$12,791
Jul 199906,56817.892.37$15,582
Jun 199903,32415.942.36$7,852
May 1999037815.792.32$877
Apr 199904,67115.102.21$10,314
Mar 199905,02712.471.84$9,241
Feb 199905,2779.981.82$9,592
Jan 199905,44310.381.90$10,341
Dec 199806,5529.201.77$11,619
Nov 199803,97210.892.19$8,682
Oct 199805,06512.421.97$9,974
Sep 199805,69812.592.08$11,867
Aug 199805,81511.301.91$11,091
Jul 199805,69411.742.24$12,739
Jun 199805,54311.242.24$12,401
May 199807,43912.622.21$16,413
Apr 199806,95513.042.51$17,425
Mar 199807,63612.802.31$17,635
Feb 199807,53713.952.30$17,329
Jan 199808,37214.702.15$18,040
Dec 199708,30816.322.41$20,031
Nov 199708,39918.193.09$25,938
Oct 199707,92219.253.15$24,953
Sep 199707,87217.742.95$23,261
Aug 199707,63817.862.55$19,513
Jul 199708,44517.582.25$18,975
Jun 199707,65717.242.26$17,283
May 199706,49818.972.31$15,001
Apr 199708,11617.882.08$16,904
Mar 199709,08518.951.94$17,617
Feb 199707,52820.492.21$16,606
Jan 199708,86723.483.54$31,387
Dec 199609,37823.32$0
Nov 199608,78921.97$0
Oct 199609,59823.31$0
Sep 199609,47722.22$0
Aug 199609,63820.26$0
Jul 199609,26119.55$0
Jun 199609,56118.73$0
May 199609,88019.43$0
Apr 199609,89521.51$0
Mar 1996010,29019.38$0
Feb 199609,19616.98$0
Jan 1996010,73417.07$0
Dec 1995010,68217.19$0
Nov 1995011,08116.00$0
Oct 1995012,69015.43$0
Sep 199508,49216.18$0
Aug 1995012,31115.92$0
Jul 1995010,09515.24$0
Jun 1995010,72716.41$0
May 1995012,13117.56$0
Apr 1995012,06417.73$0
Mar 1995012,55416.44$0
Feb 1995011,47316.58$0
Jan 1995013,50115.92$0
Dec 1994013,84715.03$0
Nov 1994013,50215.90$0
Oct 1994013,15215.58$0
Sep 1994013,02115.29$0
Aug 1994013,94516.13$0
Jul 1994013,57317.56$0
Jun 1994013,96517.09$0
May 1994016,53615.88$0
Apr 199408,33614.14$0
Mar 199409,68512.46$0
Feb 1994010,15912.50$0
Jan 199407,56312.66$0
Dec 1993011,79612.33$0
Nov 1993010,44914.49$0
Oct 1993010,74415.85$0
Sep 1993011,48215.03$0
Aug 1993010,57415.66$0
Jul 1993011,10515.46$0
Jun 1993012,62416.79$0
May 1993013,27817.68$0
Apr 1993013,15318.05$0
Mar 1993015,01318.14$0
Feb 1993014,35017.90$0
Jan 1993016,57716.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $106.41 =       $532
Gas                  238 Mcf  × $  3.05 =       $725

────────────────────────────────────────────────────
Month total                                   $1,257

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/139105 is the state's own key, not one this site invented.