COPELAND

Operated by VENTEX OPERATING CORP. (P-5 884527) in the Y2K (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36185District 08Field 99595200OilCasinghead gasSaveExport
Value, all time
$4.3 M
Jan 2000 – Oct 2011
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
142
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2000-01-03
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition148,250 bbl$4,034,421
Casinghead gasProduction71,000 Mcf$313,749
Total$4,348,170

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 31.9187, -101.5335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91866, -101.53350 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,575 ft
1 wells filed one
Completion to plug
5.3 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 10,575 ft.

Completions filed
Jan 2000
1 of 1 wells
Plug dates filed
May 2005
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17333001110,575 ftJan 2000May 2005Yes

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 (142)

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

142 months

Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011347094.144.52$32,667
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20041827642.375.55$8,133
Jul 200480734738.286.08$33,003
Jun 20041,07149636.106.43$41,854
May 200491658537.486.49$38,131
Apr 20041,07144334.475.86$39,513
Mar 200491345634.365.53$33,892
Feb 200483728932.455.51$28,753
Jan 20041,27652132.036.30$44,152
Dec 20031,08250130.266.30$35,898
Nov 200373833228.804.60$22,780
Oct 200391633128.174.76$27,379
Sep 200369340026.314.75$20,133
Aug 20031,40364929.765.13$45,082
Jul 200382052429.415.17$26,826
Jun 20031,40270628.565.98$44,265
May 20031,00849526.595.97$29,759
Apr 20031,45468326.675.41$42,471
Mar 20031,54169131.146.10$52,199
Feb 200396733533.487.93$35,030
Jan 20031,63643730.315.58$52,027
Dec 20022,00254926.914.85$56,539
Nov 20021,62865624.664.14$42,860
Oct 20021,82671226.464.23$51,327
Sep 20021,95480727.443.64$56,551
Aug 20021,98472325.963.16$53,792
Jul 20021,59783024.583.06$41,796
Jun 20022,5211,27823.733.34$64,090
May 20022,7561,25724.663.58$72,468
Apr 20023,2661,23023.653.51$81,561
Mar 20023,35092322.003.10$76,564
Feb 20022,7901,12418.222.38$53,504
Jan 20023,8391,87517.172.38$70,370
Dec 200172776916.932.36$14,126
Nov 20013123918.072.41$5,732
Oct 20012,01797419.782.53$42,359
Sep 20012,3511,16024.262.25$59,647
Aug 20011,8331,13824.873.05$49,061
Jul 20012,7861,13323.933.20$70,291
Jun 20013,3411,94424.563.82$89,489
May 20013,8142,05525.524.31$106,185
Apr 20014,0391,69524.685.34$108,726
Mar 20014,2251,87924.545.38$113,784
Feb 20013,66091327.755.77$106,830
Jan 20014,53494527.478.40$132,486
Dec 20005,2872,14526.889.12$161,682
Nov 20005,6803,15232.215.66$200,787
Oct 20006,7243,74531.235.15$229,260
Sep 20005,2623,69231.875.19$186,849
Aug 20005,0543,07129.644.54$163,745
Jul 20004,9863,47328.534.09$156,454
Jun 20005,2483,32629.304.40$168,392
May 20005,8393,78927.263.68$173,114
Apr 20004,9393,47924.513.12$131,895
Mar 20005,2393,58028.422.86$159,130
Feb 20005,04188527.622.73$141,645
Jan 20004,71975825.272.48$121,129

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.

Jul 2011 — as filed, then multipliedworked
Oil                  347 bbl  × $ 94.14 =    $32,667
Casinghead gas         0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                  $32,667

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/36185 is the state's own key, not one this site invented.