COPE-BODINE

Name: COPE-BODINE lease production and value, Feb 2009 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the CONGER, SW (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39415District 08Field 20101750OilCasinghead gasSave Export

Value, all time

$3.4 M

Feb 2009 – Oct 2020

Value, last 12 filed months

$50 k

at the published price for each month

Months reported

141

no gaps in the span

Streams

oil, casinghead gas

The CONGER, SW (WOLFCAMP) 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 54 leases and 187 wells, and the rule below applies to all of them.

Discovered

1993-07-16

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “PURSUANT TO DOCKET NO. OG-19-00001664 CONSOLIDATED INTO THE”

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	39,217 bbl	$2,910,750
Casinghead gas	Production	136,482 Mcf	$457,613
Total			$3,368,363

Wells on this lease (2)

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 31.6480, -101.2594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.64799, -101.25943 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

8,555 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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.

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

Between 8,510 and 8,600 ft, median 8,555 ft, over the 2 wells that filed a depth.

Completions filed

Feb 2009 – Mar 2012

2 of 2 wells

2 wells


42-43132782	3	8,510 ft	Mar 2012	—	Yes
42-43130862	1	8,600 ft	Feb 2009	—	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 (141)

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

141 months


Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	184	1,085	30.34	1.86	$7,597
Feb 2020	0	1,146	49.88	1.98	$2,270
Jan 2020	186	1,239	57.25	2.09	$13,244
Dec 2019	182	1,209	59.01	2.30	$13,526
Nov 2019	186	1,258	55.30	2.75	$13,746
Oct 2019	181	1,184	53.47	2.42	$12,542
Sep 2019	183	1,049	55.05	2.66	$12,862
Aug 2019	0	1,533	53.11	2.30	$3,533
Jul 2019	181	1,162	56.27	2.46	$13,043
Jun 2019	181	1,297	52.78	2.49	$12,784
May 2019	172	1,309	58.48	2.74	$13,646
Apr 2019	159	1,238	62.63	2.75	$13,364
Mar 2019	166	1,054	56.80	3.06	$12,656
Feb 2019	347	0	50.85	2.79	$17,645
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	292	0	46.59	4.19	$13,604
Nov 2018	100	0	52.93	4.24	$5,293
Oct 2018	0	896	61.44	3.40	$3,045
Sep 2018	180	818	59.54	3.11	$13,260
Aug 2018	184	845	59.40	3.07	$13,521
Jul 2018	0	311	65.14	2.93	$912
Jun 2018	168	571	60.18	3.08	$11,867
May 2018	171	384	65.38	2.90	$12,294
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	632	61.22	2.79	$1,761
Feb 2018	0	353	61.78	2.77	$976
Jan 2018	162	430	62.87	4.01	$11,909
Dec 2017	167	678	57.27	2.92	$11,545
Nov 2017	165	478	55.42	3.12	$10,635
Oct 2017	171	845	49.29	2.98	$10,950
Sep 2017	182	1,097	47.52	3.09	$12,035
Aug 2017	182	1,075	45.37	3.00	$11,487
Jul 2017	357	1,262	43.87	3.09	$19,558
Jun 2017	185	1,104	42.49	3.09	$11,269
May 2017	357	819	45.37	3.26	$18,870
Apr 2017	179	912	47.93	3.21	$11,508
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	375	1,044	50.45	2.95	$22,001
Jan 2017	535	1,234	49.41	3.42	$30,653
Dec 2016	375	1,275	48.76	3.72	$23,032
Nov 2016	532	1,316	42.49	2.64	$26,085
Oct 2016	180	844	46.19	3.09	$10,922
Sep 2016	168	976	41.55	3.10	$10,007
Aug 2016	0	893	41.44	2.92	$2,611
Jul 2016	181	872	41.62	2.92	$10,083
Jun 2016	0	1,006	45.35	2.69	$2,702
May 2016	180	919	42.52	1.99	$9,483
Apr 2016	180	876	36.56	1.99	$8,325
Mar 2016	182	930	33.01	1.79	$7,676
Feb 2016	164	908	26.47	2.06	$6,215
Jan 2016	178	1,073	27.35	2.36	$7,405
Dec 2015	0	1,061	32.36	2.00	$2,124
Nov 2015	183	1,012	38.79	2.17	$9,292
Oct 2015	179	1,004	43.55	2.43	$10,232
Sep 2015	183	1,244	42.99	2.76	$11,299
Aug 2015	166	1,328	40.16	2.87	$10,481
Jul 2015	343	1,530	48.15	2.95	$21,021
Jun 2015	0	949	56.15	2.88	$2,736
May 2015	175	537	55.21	2.96	$11,249
Apr 2015	333	1,758	49.82	2.71	$21,348
Mar 2015	337	1,757	42.89	2.93	$19,610
Feb 2015	486	1,503	44.66	2.98	$26,178
Jan 2015	110	429	43.43	3.10	$6,107
Dec 2014	126	689	54.69	3.59	$9,365
Nov 2014	288	723	70.46	4.25	$23,367
Oct 2014	313	1,132	78.30	3.90	$28,924
Sep 2014	347	1,287	86.16	4.05	$35,104
Aug 2014	330	1,283	89.39	4.04	$34,676
Jul 2014	347	886	96.56	4.18	$37,209
Jun 2014	330	1,578	98.16	4.74	$39,868
May 2014	507	1,416	94.73	4.73	$54,721
Apr 2014	161	979	95.94	4.81	$20,154
Mar 2014	330	805	95.89	5.06	$35,714
Feb 2014	334	1,548	97.40	6.19	$42,117
Jan 2014	501	1,530	90.40	4.86	$52,727
Dec 2013	317	1,714	91.82	4.35	$36,571
Nov 2013	338	1,547	88.85	3.74	$35,814
Oct 2013	336	2,031	97.42	3.78	$40,409
Sep 2013	504	2,123	104.11	3.72	$60,364
Aug 2013	331	2,213	104.25	3.52	$42,302
Jul 2013	331	2,565	102.52	3.72	$43,470
Jun 2013	507	2,605	94.40	3.93	$58,107
May 2013	336	2,075	94.83	4.15	$40,472
Apr 2013	702	1,500	93.96	4.28	$72,384
Mar 2013	337	1,464	93.62	3.91	$37,278
Feb 2013	338	1,127	91.23	3.42	$34,690
Jan 2013	363	1,958	91.60	3.42	$39,947
Dec 2012	358	2,263	86.77	3.42	$38,803
Nov 2012	546	1,609	86.95	3.62	$53,307
Oct 2012	541	1,449	89.38	3.40	$53,281
Sep 2012	524	369	94.67	2.92	$50,684
Aug 2012	339	374	92.66	2.91	$32,499
Jul 2012	715	1,661	85.13	3.02	$65,886
Jun 2012	358	1,623	79.82	2.52	$32,664
May 2012	725	2,094	91.61	2.49	$71,628
Apr 2012	542	2,101	101.65	2.00	$59,290
Mar 2012	1,082	2,468	105.05	2.22	$119,148
Feb 2012	181	1,246	101.10	2.57	$21,502
Jan 2012	182	1,000	98.09	2.73	$20,586
Dec 2011	349	1,506	96.87	3.24	$38,687
Nov 2011	183	661	95.72	3.31	$19,706
Oct 2011	359	801	84.98	3.65	$33,430
Sep 2011	179	586	83.62	3.99	$17,304
Aug 2011	352	362	83.40	4.15	$30,859
Jul 2011	526	484	94.14	4.52	$51,704
Jun 2011	323	245	92.90	4.64	$31,143
May 2011	302	786	98.13	4.40	$33,097
Apr 2011	387	884	105.96	4.33	$44,837
Mar 2011	132	1,023	96.36	4.06	$16,870
Feb 2011	361	698	85.64	4.18	$33,834
Jan 2011	363	1,269	86.50	4.59	$37,223
Dec 2010	922	885	85.73	4.35	$82,891
Nov 2010	167	799	80.84	3.80	$16,533
Oct 2010	519	796	78.10	3.51	$43,327
Sep 2010	338	560	72.63	3.98	$26,777
Aug 2010	181	430	73.68	4.42	$15,236
Jul 2010	354	533	72.55	4.74	$28,207
Jun 2010	1,040	551	70.36	4.91	$75,880
May 2010	500	393	71.12	4.24	$37,224
Apr 2010	504	296	81.69	4.12	$42,392
Mar 2010	0	309	78.39	4.39	$1,356
Feb 2010	336	512	73.58	5.44	$27,509
Jan 2010	344	663	74.36	5.96	$29,534
Dec 2009	347	542	71.44	5.48	$27,762
Nov 2009	177	456	74.59	3.75	$14,913
Oct 2009	358	373	72.54	4.11	$27,502
Sep 2009	361	439	65.54	3.06	$25,005
Aug 2009	361	450	67.42	3.22	$25,787
Jul 2009	350	790	61.13	3.46	$24,132
Jun 2009	352	1,029	66.16	3.90	$27,296
May 2009	700	1,156	54.74	3.93	$42,856
Apr 2009	887	1,702	46.77	3.59	$47,591
Mar 2009	321	927	42.14	4.06	$17,290
Feb 2009	0	0	32.81	4.63	$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.

Mar 2020 — as filed, then multipliedworked

Oil                  184 bbl  × $ 30.34 =     $5,583
Casinghead gas     1,085 Mcf  × $  1.86 =     $2,014

────────────────────────────────────────────────────
Month total                                   $7,597

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/39415 is the state's own key, not one this site invented.