COPE-BODINE

Operated by P1 ENERGY, LLC (P-5 631633) 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 54479District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$481 k
Apr 2020 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
74
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 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.

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
OilDisposition4,699 bbl$326,357
Casinghead gasProduction43,230 Mcf$154,146
Total$480,503

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

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 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
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.
2100.0%

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

42-4313278238,510 ftMar 2012
42-4313086218,600 ftFeb 2009

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 (74)

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

74 months

May 202600106.413.05$0
Apr 2026037398.932.87$1,070
Mar 2026035989.753.15$1,131
Feb 2026036163.503.75$1,354
Jan 202617349259.138.00$14,164
Dec 2025041656.664.41$1,836
Nov 2025039058.593.93$1,531
Oct 2025042059.383.30$1,388
Sep 2025031262.743.08$960
Aug 202518041263.933.01$12,749
Jul 2025032666.743.32$1,081
Jun 2025036866.483.13$1,151
May 2025044260.553.23$1,429
Apr 2025052962.363.54$1,874
Mar 202517948867.704.27$14,201
Feb 2025038170.884.34$1,654
Jan 2025049574.324.28$2,118
Dec 202417552568.993.12$13,712
Nov 2024059769.052.20$1,312
Oct 202417881171.372.28$14,554
Sep 2024051769.612.36$1,222
Aug 202416939175.632.06$13,588
Jul 2024044879.932.15$962
Jun 2024039578.082.63$1,040
May 2024046678.812.20$1,024
Apr 2024039284.451.66$650
Mar 2024044080.301.55$680
Feb 202419443076.091.78$15,528
Jan 2024046473.023.30$1,530
Dec 2023062571.262.61$1,632
Nov 202318067577.892.81$15,915
Oct 2023064585.443.09$1,991
Sep 2023070189.042.74$1,917
Aug 202318099580.522.67$17,153
Jul 20231801,04374.852.64$16,228
Jun 2023087768.962.26$1,981
May 2023084270.622.23$1,875
Apr 202318677278.122.24$16,258
Mar 2023083172.852.39$1,989
Feb 202319169775.112.47$16,065
Jan 202319265476.533.39$16,909
Dec 2022059376.415.73$3,397
Nov 2022049885.005.65$2,812
Oct 2022068487.185.86$4,011
Sep 202217354684.888.16$19,142
Aug 2022060394.529.13$5,504
Jul 20220708101.587.54$5,340
Jun 2022184608115.097.98$26,027
May 20220493109.378.43$4,157
Apr 20220496104.226.84$3,391
Mar 20220581108.885.08$2,949
Feb 202216955691.054.86$18,089
Jan 2022051881.844.54$2,351
Dec 2021056071.323.90$2,184
Nov 202117958177.435.24$16,903
Oct 202118359179.795.71$17,978
Sep 2021058469.865.35$3,125
Aug 2021060066.024.22$2,532
Jul 202117772870.783.98$15,427
Jun 202117670969.493.38$14,627
May 2021054663.483.02$1,648
Apr 2021056660.362.76$1,561
Mar 202134564961.302.72$22,912
Feb 2021049757.805.55$2,757
Jan 2021072250.412.81$2,029
Dec 2020065044.642.68$1,739
Nov 202018764438.772.71$8,993
Oct 2020078636.972.48$1,948
Sep 2020068137.091.99$1,356
Aug 202037482039.982.39$16,908
Jul 2020083238.371.83$1,519
Jun 202019584134.901.69$8,227
May 2020094616.921.81$1,717
Apr 202001,01614.751.80$1,833

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 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       373 Mcf  × $  2.87 =     $1,070

────────────────────────────────────────────────────
Month total                                   $1,070

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/54479 is the state's own key, not one this site invented.