COPELAND

Operated by BKV NORTH TEXAS, LLC (P-5 100345) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204658District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.2 M
Oct 2004 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
260
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition1 bbl$61
GasProduction1,043,570 Mcf$6,211,901
Total$6,211,963

Every month this lease reported (260)

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

260 months

May 20260415106.413.05$1,264
Apr 2026039698.932.87$1,136
Mar 2026039589.753.15$1,244
Feb 2026035163.503.75$1,316
Jan 2026040959.138.00$3,271
Dec 2025034056.664.41$1,501
Nov 2025040558.593.93$1,590
Oct 2025045259.383.30$1,494
Sep 2025044062.743.08$1,354
Aug 2025047863.933.01$1,441
Jul 2025048466.743.32$1,605
Jun 2025048466.483.13$1,514
May 2025050660.553.23$1,636
Apr 2025050462.363.54$1,786
Mar 2025048167.704.27$2,053
Feb 2025040970.884.34$1,775
Jan 2025047474.324.28$2,028
Dec 2024047568.993.12$1,483
Nov 2024048469.052.20$1,064
Oct 2024050271.372.28$1,145
Sep 2024049569.612.36$1,170
Aug 2024050275.632.06$1,036
Jul 2024050979.932.15$1,093
Jun 2024049078.082.63$1,291
May 2024049078.812.20$1,077
Apr 2024047784.451.66$791
Mar 2024051580.301.55$796
Feb 2024065976.091.78$1,175
Jan 2024042373.023.30$1,395
Dec 2023043771.262.61$1,141
Nov 2023039977.892.81$1,120
Oct 2023053585.443.09$1,652
Sep 2023046889.042.74$1,280
Aug 202303580.522.67$94
Jul 20230074.852.64$0
Jun 202308768.962.26$196
May 202303970.622.23$87
Apr 2023033278.122.24$743
Mar 2023036372.852.39$869
Feb 2023030275.112.47$745
Jan 2023023376.533.39$789
Dec 2022039076.415.73$2,234
Nov 2022042885.005.65$2,417
Oct 2022042387.185.86$2,480
Sep 2022068284.888.16$5,568
Aug 2022075294.529.13$6,864
Jul 20220788101.587.54$5,943
Jun 20220786115.097.98$6,270
May 20220833109.378.43$7,025
Apr 20220822104.226.84$5,621
Mar 20220921108.885.08$4,675
Feb 2022081391.054.86$3,950
Jan 202201,02281.844.54$4,638
Dec 202101,04771.323.90$4,082
Nov 202101,32377.435.24$6,928
Oct 202101,35979.795.71$7,765
Sep 2021057069.865.35$3,050
Aug 2021050866.024.22$2,144
Jul 2021051670.783.98$2,055
Jun 2021056569.493.38$1,910
May 2021054363.483.02$1,639
Apr 2021050560.362.76$1,393
Mar 2021055661.302.72$1,511
Feb 2021035457.805.55$1,964
Jan 2021050450.412.81$1,416
Dec 2020038244.642.68$1,022
Nov 2020041638.772.71$1,126
Oct 2020046436.972.48$1,150
Sep 2020040637.091.99$808
Aug 2020044439.982.39$1,059
Jul 2020044138.371.83$805
Jun 202001,47434.901.69$2,492
May 202001,77516.921.81$3,221
Apr 2020039814.751.80$718
Mar 2020037630.341.86$698
Feb 2020035049.881.98$693
Jan 2020086157.252.09$1,804
Dec 201901,43959.012.30$3,316
Nov 201901,35655.302.75$3,730
Oct 201901,51953.472.42$3,674
Sep 201901,58955.052.66$4,222
Aug 201902,34053.112.30$5,392
Jul 201903,55256.272.46$8,738
Jun 2019098352.782.49$2,449
May 2019060458.482.74$1,655
Apr 2019059662.632.75$1,639
Mar 2019048656.803.06$1,488
Feb 2019046150.852.79$1,287
Jan 2019046246.033.23$1,491
Dec 2018051946.594.19$2,172
Nov 2018052252.934.24$2,212
Oct 2018058361.443.40$1,981
Sep 2018049159.543.11$1,526
Aug 2018048659.403.07$1,490
Jul 2018044565.142.93$1,305
Jun 2018041060.183.08$1,262
May 2018063565.382.90$1,842
Apr 201801,17663.842.90$3,411
Mar 201801,93661.222.79$5,395
Feb 201801,11261.782.77$3,076
Jan 2018046262.874.01$1,852
Dec 2017057557.272.92$1,680
Nov 201701,36755.423.12$4,263
Oct 201701,65549.292.98$4,938
Sep 201701,12047.523.09$3,458
Aug 201701,57045.373.00$4,717
Jul 201701,53643.873.09$4,742
Jun 201701,65542.493.09$5,109
May 201701,59545.373.26$5,205
Apr 201701,31347.933.21$4,217
Mar 201701,50746.772.98$4,496
Feb 201701,34550.452.95$3,971
Jan 201701,48649.413.42$5,080
Dec 201601,57348.763.72$5,856
Nov 201601,59642.492.64$4,220
Oct 201601,86346.193.09$5,757
Sep 201601,91441.553.10$5,935
Aug 201602,21541.442.92$6,477
Jul 201602,30241.622.92$6,732
Jun 201602,34245.352.69$6,290
May 201602,69242.521.99$5,360
Apr 201602,73736.561.99$5,449
Mar 201602,81733.011.79$5,054
Feb 201602,57726.472.06$5,318
Jan 201603,10927.352.36$7,351
Dec 201503,46532.362.00$6,935
Nov 201503,72538.792.17$8,073
Oct 201501,05043.552.43$2,548
Sep 2015077442.992.76$2,135
Aug 2015099140.162.87$2,847
Jul 201501,07348.152.95$3,160
Jun 201501,06456.152.88$3,067
May 201501,01655.212.96$3,003
Apr 2015074349.822.71$2,011
Mar 2015075342.892.93$2,210
Feb 2015080944.662.98$2,408
Jan 201501,06643.433.10$3,305
Dec 201401,11554.693.59$4,004
Nov 201401,16070.464.25$4,932
Oct 201401,87878.303.90$7,326
Sep 2014089186.164.05$3,604
Aug 2014082489.394.04$3,325
Jul 2014075696.564.18$3,160
Jun 2014071198.164.74$3,368
May 2014049194.734.73$2,321
Apr 2014053695.944.81$2,578
Mar 201401,24995.895.06$6,316
Feb 201402,05197.406.19$12,700
Jan 201402,94990.404.86$14,334
Dec 201303,17791.824.35$13,834
Nov 201303,08288.853.74$11,521
Oct 201303,15397.423.78$11,916
Sep 201303,214104.113.72$11,949
Aug 201303,179104.253.52$11,198
Jul 201304,316102.523.72$16,046
Jun 201304,76294.403.93$18,731
May 201304,10394.834.15$17,024
Apr 201302,63093.964.28$11,263
Mar 201302,90993.623.91$11,383
Feb 201303,42691.233.42$11,717
Jan 201302,95891.603.42$10,116
Dec 201203,20986.773.42$10,975
Nov 201203,56486.953.62$12,919
Oct 201203,58189.383.40$12,174
Sep 201204,13094.672.92$12,053
Aug 201203,72092.662.91$10,818
Jul 201203,10085.133.02$9,364
Jun 201206,00179.822.52$15,117
May 201206,16091.612.49$15,328
Apr 201206,211101.652.00$12,402
Mar 201206,557105.052.22$14,570
Feb 201206,146101.102.57$15,797
Jan 201206,17598.092.73$16,883
Dec 201105,54296.873.24$17,955
Nov 201105,49295.723.31$18,186
Oct 201105,86684.983.65$21,402
Sep 201106,04883.623.99$24,106
Aug 201106,09583.404.15$25,290
Jul 201106,08094.144.52$27,465
Jun 201105,60792.904.64$26,016
May 201105,90698.134.40$26,015
Apr 201105,866105.964.33$25,419
Mar 201105,81396.364.06$23,585
Feb 201105,75385.644.18$24,047
Jan 201106,03386.504.59$27,684
Dec 201006,09385.734.35$26,491
Nov 201006,29080.843.80$23,873
Oct 201006,70978.103.51$23,541
Sep 201006,68872.633.98$26,615
Aug 201007,20373.684.42$31,833
Jul 201007,54272.554.74$35,723
Jun 201007,42570.364.91$36,460
May 201007,89871.124.24$33,450
Apr 201008,16481.694.12$33,658
Mar 201008,90278.394.39$39,068
Feb 201008,46073.585.44$46,042
Jan 2010010,46374.365.96$62,402
Dec 2009012,09471.445.48$66,320
Nov 200908,37174.593.75$31,404
Oct 200905,55772.544.11$22,841
Sep 200905,34065.543.06$16,366
Aug 200905,54367.423.22$17,840
Jul 200905,61861.133.46$19,464
Jun 200905,53166.163.90$21,543
May 200905,94854.743.93$23,350
Apr 200905,83746.773.59$20,940
Mar 200906,37042.144.06$25,856
Feb 200905,91432.814.63$27,400
Jan 200906,60635.865.37$35,481
Dec 200806,45937.105.98$38,606
Nov 200806,69855.496.86$45,951
Oct 200806,95975.246.92$48,170
Sep 200807,205101.767.88$56,754
Aug 200808,585114.228.48$72,827
Jul 200808,565131.0811.39$97,550
Jun 200807,384131.3313.03$96,233
May 200807,267123.1711.57$84,110
Apr 200806,512110.3110.45$68,082
Mar 200808,026101.909.66$77,564
Feb 200807,26992.538.77$63,753
Jan 200808,30990.388.21$68,181
Dec 200704,13888.337.30$30,216
Nov 2007011191.677.29$809
Oct 200705,19282.856.92$35,939
Sep 200707,24075.846.24$45,208
Aug 200706,93969.066.39$44,326
Jul 200707,33570.906.39$46,856
Jun 200706,37662.007.55$48,129
May 200706,38758.747.85$50,114
Apr 200708,39759.617.81$65,540
Mar 2007011,17756.927.30$81,614
Feb 200709,78355.108.22$80,377
Jan 2007010,84950.306.73$72,980
Dec 2006010,03556.656.92$69,427
Nov 200609,05254.207.62$68,953
Oct 2006010,35254.906.01$62,255
Sep 200609,83660.085.04$49,546
Aug 200609,02368.717.34$66,228
Jul 200609,86669.376.34$62,578
Jun 200609,90066.286.38$63,200
May 2006011,62066.016.42$74,659
Apr 2006011,36664.397.36$83,659
Mar 2006012,89656.707.08$91,341
Feb 2006011,02157.597.75$85,425
Jan 200608,74860.598.93$78,149
Dec 2005011,00954.9413.42$147,690
Nov 2005011,30754.6910.59$119,723
Oct 2005012,42958.3413.80$171,468
Sep 2005114,33461.4512.08$173,202
Aug 2005015,60661.519.80$152,889
Jul 2005015,39855.697.84$120,776
Jun 2005017,24452.337.38$127,279
May 2005015,93345.226.65$105,973
Apr 2005017,52749.207.36$129,007
Mar 2005022,06750.377.15$157,887
Feb 2005021,92145.226.31$138,364
Jan 2005017,11243.166.32$108,185
Dec 2004023,75139.866.75$160,345
Nov 2004040,18945.286.33$254,413
Oct 200409,50049.706.52$61,893

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             0 bbl  × $106.41 =         $0
Gas                  415 Mcf  × $  3.05 =     $1,264

────────────────────────────────────────────────────
Month total                                   $1,264

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. 09/G/204658 is the state's own key, not one this site invented.