COPELAND

Name: COPELAND lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30396District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$456 k

Jan 1993 – Jun 2002

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

114

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	17,850 bbl	$323,859
Casinghead gas	Production	91,038 Mcf	$131,777
Total			$455,636

45,402 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 31.9685, -102.0436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96849, -102.04357 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,500 ft

1 wells filed one

Completion to plug

16.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 9,500 ft.

Completions filed

Dec 1985

1 of 1 wells

Plug dates filed

Apr 2002

1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32931647	1	9,500 ft	Dec 1985	Apr 2002	Yes

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 (114)

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

114 months


Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	41	0	23.65	3.51	$970
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	79	0	18.07	2.41	$1,428
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	373	24.87	3.05	$1,139
Jul 2001	176	640	23.93	3.20	$6,258
Jun 2001	179	626	24.56	3.82	$6,790
May 2001	0	635	25.52	4.31	$2,735
Apr 2001	181	558	24.68	5.34	$7,444
Mar 2001	183	615	24.54	5.38	$7,797
Feb 2001	104	638	27.75	5.77	$6,565
Jan 2001	184	534	27.47	8.40	$9,539
Dec 2000	180	450	26.88	9.12	$8,944
Nov 2000	0	1,062	32.21	5.66	$6,009
Oct 2000	181	320	31.23	5.15	$7,299
Sep 2000	180	297	31.87	5.19	$7,277
Aug 2000	182	470	29.64	4.54	$7,529
Jul 2000	0	560	28.53	4.09	$2,290
Jun 2000	181	589	29.30	4.40	$7,893
May 2000	180	525	27.26	3.68	$6,839
Apr 2000	185	511	24.51	3.12	$6,127
Mar 2000	0	600	28.42	2.86	$1,716
Feb 2000	181	527	27.62	2.73	$6,436
Jan 2000	180	575	25.27	2.48	$5,975
Dec 1999	0	738	24.28	2.42	$1,789
Nov 1999	182	743	23.19	2.43	$6,029
Oct 1999	183	596	20.98	2.80	$5,510
Sep 1999	180	475	21.75	2.62	$5,159
Aug 1999	181	473	19.26	2.88	$4,846
Jul 1999	0	1,153	17.89	2.37	$2,735
Jun 1999	175	1,256	15.94	2.36	$5,756
May 1999	176	1,137	15.79	2.32	$5,418
Apr 1999	183	901	15.10	2.21	$4,753
Mar 1999	0	1,019	12.47	1.84	$1,873
Feb 1999	176	1,146	9.98	1.82	$3,840
Jan 1999	180	1,199	10.38	1.90	$4,146
Dec 1998	182	980	9.20	1.77	$3,412
Nov 1998	174	957	10.89	2.19	$3,987
Oct 1998	179	986	12.42	1.97	$4,165
Sep 1998	0	1,066	12.59	2.08	$2,220
Aug 1998	179	1,161	11.30	1.91	$4,237
Jul 1998	179	1,120	11.74	2.24	$4,607
Jun 1998	175	951	11.24	2.24	$4,095
May 1998	184	1,002	12.62	2.21	$4,533
Apr 1998	180	636	13.04	2.51	$3,941
Mar 1998	178	754	12.80	2.31	$4,020
Feb 1998	173	829	13.95	2.30	$4,319
Jan 1998	0	1,015	14.70	2.15	$2,187
Dec 1997	177	970	16.32	2.41	$5,227
Nov 1997	173	974	18.19	3.09	$6,155
Oct 1997	168	949	19.25	3.15	$6,223
Sep 1997	181	1,152	17.74	2.95	$6,615
Aug 1997	174	1,086	17.86	2.55	$5,882
Jul 1997	171	1,014	17.58	2.25	$5,285
Jun 1997	175	905	17.24	2.26	$5,060
May 1997	169	1,022	18.97	2.31	$5,565
Apr 1997	172	938	17.88	2.08	$5,029
Mar 1997	172	1,030	18.95	1.94	$5,257
Feb 1997	170	933	20.49	2.21	$5,541
Jan 1997	174	1,265	23.48	3.54	$8,563
Dec 1996	327	985	23.32	—	$7,626
Nov 1996	172	1,148	21.97	—	$3,779
Oct 1996	172	1,092	23.31	—	$4,009
Sep 1996	176	1,027	22.22	—	$3,911
Aug 1996	174	903	20.26	—	$3,525
Jul 1996	178	939	19.55	—	$3,480
Jun 1996	170	1,032	18.73	—	$3,184
May 1996	174	960	19.43	—	$3,381
Apr 1996	176	805	21.51	—	$3,786
Mar 1996	179	959	19.38	—	$3,469
Feb 1996	184	1,162	16.98	—	$3,124
Jan 1996	185	1,084	17.07	—	$3,158
Dec 1995	183	1,149	17.19	—	$3,146
Nov 1995	178	1,238	16.00	—	$2,848
Oct 1995	178	967	15.43	—	$2,747
Sep 1995	179	1,076	16.18	—	$2,896
Aug 1995	179	1,518	15.92	—	$2,850
Jul 1995	179	1,425	15.24	—	$2,728
Jun 1995	178	1,461	16.41	—	$2,921
May 1995	179	1,449	17.56	—	$3,143
Apr 1995	179	1,330	17.73	—	$3,174
Mar 1995	181	824	16.44	—	$2,976
Feb 1995	179	871	16.58	—	$2,968
Jan 1995	183	767	15.92	—	$2,913
Dec 1994	361	779	15.03	—	$5,426
Nov 1994	181	744	15.90	—	$2,878
Oct 1994	181	768	15.58	—	$2,820
Sep 1994	173	778	15.29	—	$2,645
Aug 1994	180	837	16.13	—	$2,903
Jul 1994	179	817	17.56	—	$3,143
Jun 1994	179	834	17.09	—	$3,059
May 1994	178	824	15.88	—	$2,827
Apr 1994	360	800	14.14	—	$5,090
Mar 1994	179	799	12.46	—	$2,230
Feb 1994	179	722	12.50	—	$2,238
Jan 1994	179	788	12.66	—	$2,266
Dec 1993	179	798	12.33	—	$2,207
Nov 1993	363	787	14.49	—	$5,260
Oct 1993	180	844	15.85	—	$2,853
Sep 1993	181	795	15.03	—	$2,720
Aug 1993	183	858	15.66	—	$2,866
Jul 1993	360	897	15.46	—	$5,566
Jun 1993	183	742	16.79	—	$3,073
May 1993	179	817	17.68	—	$3,165
Apr 1993	179	815	18.05	—	$3,231
Mar 1993	359	824	18.14	—	$6,512
Feb 1993	172	753	17.90	—	$3,079
Jan 1993	169	811	16.93	—	$2,861

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.

Apr 2002 — as filed, then multipliedworked

Oil                   41 bbl  × $ 23.65 =       $970
Casinghead gas         0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                     $970

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. 08/O/30396 is the state's own key, not one this site invented.