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 205263District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.2 M
Sep 2004 – May 2026
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
261
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
CondensateDisposition3 bbl$185
GasProduction1,699,448 Mcf$9,199,534
Total$9,199,719

Every month this lease reported (261)

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

261 months

May 202602,472106.413.05$7,529
Apr 202602,36998.932.87$6,798
Mar 202602,64089.753.15$8,315
Feb 202602,34963.503.75$8,810
Jan 202602,64859.138.00$21,178
Dec 202502,60856.664.41$11,510
Nov 202502,64258.593.93$10,374
Oct 202502,70459.383.30$8,936
Sep 202502,66562.743.08$8,200
Aug 202502,80963.933.01$8,468
Jul 202502,76966.743.32$9,180
Jun 202502,69266.483.13$8,423
May 202502,77860.553.23$8,979
Apr 202502,67762.363.54$9,485
Mar 202502,81967.704.27$12,032
Feb 202502,66670.884.34$11,573
Jan 202502,87174.324.28$12,284
Dec 202402,82468.993.12$8,815
Nov 202402,77369.052.20$6,096
Oct 202402,87471.372.28$6,557
Sep 202402,81569.612.36$6,656
Aug 202402,81775.632.06$5,813
Jul 202402,92379.932.15$6,274
Jun 202402,77178.082.63$7,299
May 202403,00878.812.20$6,613
Apr 202402,81384.451.66$4,667
Mar 202402,68880.301.55$4,153
Feb 202402,20076.091.78$3,924
Jan 202402,56273.023.30$8,449
Dec 202302,75271.262.61$7,185
Nov 202302,68477.892.81$7,535
Oct 202302,79485.443.09$8,626
Sep 202302,73989.042.74$7,491
Aug 202302,83680.522.67$7,580
Jul 202302,89874.852.64$7,656
Jun 202302,67368.962.26$6,037
May 202303,26770.622.23$7,277
Apr 202301,76078.122.24$3,938
Mar 202302,75972.852.39$6,603
Feb 202302,57975.112.47$6,359
Jan 202302,93476.533.39$9,940
Dec 202202,64876.415.73$15,171
Nov 202202,96985.005.65$16,764
Oct 202203,16187.185.86$18,535
Sep 202203,11484.888.16$25,422
Aug 202202,69094.529.13$24,552
Jul 202203,151101.587.54$23,765
Jun 202203,124115.097.98$24,921
May 202203,119109.378.43$26,303
Apr 202203,061104.226.84$20,930
Mar 202203,209108.885.08$16,290
Feb 202202,72291.054.86$13,226
Jan 202202,98981.844.54$13,563
Dec 202103,02671.323.90$11,799
Nov 202102,79477.435.24$14,632
Oct 202103,04279.795.71$17,382
Sep 202103,01869.865.35$16,149
Aug 202103,13766.024.22$13,240
Jul 202103,30670.783.98$13,165
Jun 202103,05769.493.38$10,335
May 202103,17663.483.02$9,584
Apr 202103,03860.362.76$8,380
Mar 202103,16161.302.72$8,588
Feb 202102,73057.805.55$15,146
Jan 202103,12450.412.81$8,779
Dec 202003,17944.642.68$8,505
Nov 202003,09238.772.71$8,369
Oct 202003,18236.972.48$7,886
Sep 202003,10637.091.99$6,184
Aug 202003,18339.982.39$7,592
Jul 202003,20138.371.83$5,842
Jun 202003,10134.901.69$5,242
May 202003,24516.921.81$5,889
Apr 202003,13214.751.80$5,651
Mar 202003,24430.341.86$6,022
Feb 202003,00849.881.98$5,958
Jan 202003,22857.252.09$6,762
Dec 201903,27059.012.30$7,535
Nov 201903,17955.302.75$8,744
Oct 201902,94253.472.42$7,115
Sep 201903,41055.052.66$9,061
Aug 201903,61053.112.30$8,319
Jul 201903,76256.272.46$9,255
Jun 201903,07352.782.49$7,655
May 201903,52858.482.74$9,668
Apr 201903,57962.632.75$9,845
Mar 201903,83356.803.06$11,737
Feb 201903,55350.852.79$9,921
Jan 201903,55846.033.23$11,486
Dec 201803,89046.594.19$16,281
Nov 201803,15452.934.24$13,364
Oct 201803,34661.443.40$11,370
Sep 201803,68959.543.11$11,465
Aug 201804,06959.403.07$12,478
Jul 201803,39165.142.93$9,942
Jun 201803,98960.183.08$12,274
May 201803,82065.382.90$11,081
Apr 201803,69763.842.90$10,724
Mar 201803,74061.222.79$10,423
Feb 201803,45661.782.77$9,560
Jan 201803,80962.874.01$15,272
Dec 201703,83857.272.92$11,213
Nov 201703,73855.423.12$11,656
Oct 201703,89449.292.98$11,618
Sep 201703,80047.523.09$11,732
Aug 201703,97345.373.00$11,936
Jul 201704,01043.873.09$12,380
Jun 201703,87342.493.09$11,957
May 201703,99845.373.26$13,047
Apr 201703,89447.933.21$12,506
Mar 201704,01346.772.98$11,974
Feb 201703,77150.452.95$11,134
Jan 201704,18449.413.42$14,304
Dec 201604,24948.763.72$15,818
Nov 201604,07042.492.64$10,763
Oct 201604,10746.193.09$12,692
Sep 201604,11441.553.10$12,756
Aug 201604,28941.442.92$12,542
Jul 201604,31341.622.92$12,613
Jun 201604,08745.352.69$10,977
May 201604,23642.521.99$8,434
Apr 201603,90836.561.99$7,781
Mar 201604,41233.011.79$7,915
Feb 201604,18526.472.06$8,636
Jan 201604,51027.352.36$10,663
Dec 201504,36332.362.00$8,732
Nov 201504,39038.792.17$9,515
Oct 201504,56543.552.43$11,077
Sep 201504,31342.992.76$11,897
Aug 201504,64840.162.87$13,351
Jul 201504,67848.152.95$13,777
Jun 201504,66856.152.88$13,457
May 201504,96755.212.96$14,680
Apr 201504,46949.822.71$12,096
Mar 201505,21942.892.93$15,316
Feb 201504,68844.662.98$13,952
Jan 201505,32443.433.10$16,508
Dec 201405,38854.693.59$19,350
Nov 201405,23470.464.25$22,254
Oct 201405,47778.303.90$21,366
Sep 201405,31686.164.05$21,506
Aug 201405,52789.394.04$22,302
Jul 201405,57396.564.18$23,293
Jun 201405,40498.164.74$25,598
May 201405,60894.734.73$26,507
Apr 201405,46595.944.81$26,282
Mar 201405,75095.895.06$29,077
Feb 201405,20097.406.19$32,198
Jan 201405,75090.404.86$27,949
Dec 201305,75391.824.35$25,051
Nov 201305,64688.853.74$21,106
Oct 201305,75097.423.78$21,731
Sep 201305,647104.113.72$20,994
Aug 201305,794104.253.52$20,410
Jul 201305,156102.523.72$19,169
Jun 201305,26294.403.93$20,698
May 201305,83394.834.15$24,202
Apr 201306,05993.964.28$25,948
Mar 201306,32893.623.91$24,761
Feb 201305,62191.233.42$19,223
Jan 201306,23391.603.42$21,316
Dec 201206,28686.773.42$21,499
Nov 201206,27686.953.62$22,750
Oct 201206,52589.383.40$22,183
Sep 201206,27094.672.92$18,298
Aug 201206,39492.662.91$18,595
Jul 201206,56085.133.02$19,816
Jun 201206,35079.822.52$15,996
May 201206,65291.612.49$16,552
Apr 201206,497101.652.00$12,973
Mar 201206,756105.052.22$15,012
Feb 201206,388101.102.57$16,419
Jan 201206,84898.092.73$18,723
Dec 201107,02096.873.24$22,743
Nov 201107,01895.723.31$23,239
Oct 201106,64784.983.65$24,252
Sep 201106,70583.623.99$26,725
Aug 201107,21383.404.15$29,929
Jul 201107,74694.144.52$34,991
Jun 201107,52492.904.64$34,910
May 201107,32298.134.40$32,252
Apr 201107,115105.964.33$30,831
Mar 201107,54396.364.06$30,605
Feb 201106,95185.644.18$29,055
Jan 201106,96786.504.59$31,970
Dec 201006,33185.734.35$27,526
Nov 201006,99580.843.80$26,548
Oct 201007,62778.103.51$26,762
Sep 201007,65072.633.98$30,443
Aug 201007,98673.684.42$35,293
Jul 201007,97072.554.74$37,750
Jun 201007,86070.364.91$38,596
May 201008,91871.124.24$37,770
Apr 201007,54881.694.12$31,118
Mar 201007,46578.394.39$32,761
Feb 201005,84973.585.44$31,832
Jan 201008,43874.365.96$50,325
Dec 200908,50071.445.48$46,612
Nov 200908,35974.593.75$31,359
Oct 200908,93872.544.11$36,737
Sep 200908,43665.543.06$25,854
Aug 200908,82467.423.22$28,400
Jul 200909,14261.133.46$31,672
Jun 200908,73566.163.90$34,023
May 200909,13154.743.93$35,846
Apr 200909,06046.773.59$32,503
Mar 200909,29542.144.06$37,728
Feb 200909,07332.814.63$42,035
Jan 200909,95535.865.37$53,468
Dec 200809,46937.105.98$56,598
Nov 200809,43555.496.86$64,728
Oct 2008010,13375.246.92$70,140
Sep 200809,921101.767.88$78,149
Aug 2008010,931114.228.48$92,728
Jul 2008010,095131.0811.39$114,976
Jun 200808,556131.3313.03$111,507
May 200808,095123.1711.57$93,694
Apr 200807,801110.3110.45$81,558
Mar 2008010,229101.909.66$98,854
Feb 200809,99492.538.77$87,653
Jan 2008010,29590.388.21$84,478
Dec 2007010,20988.337.30$74,546
Nov 200706,75991.677.29$49,285
Oct 200708,37982.856.92$57,999
Sep 200708,21775.846.24$51,308
Aug 200709,20869.066.39$58,820
Jul 2007010,84470.906.39$69,271
Jun 2007010,41562.007.55$78,617
May 2007010,84758.747.85$85,109
Apr 2007010,08659.617.81$78,723
Mar 2007011,09756.927.30$81,030
Feb 2007010,37055.108.22$85,200
Jan 2007011,60750.306.73$78,079
Dec 2006011,89856.656.92$82,316
Nov 2006012,84954.207.62$97,877
Oct 2006013,56454.906.01$81,571
Sep 2006013,62660.085.04$68,637
Aug 2006114,39968.717.34$105,756
Jul 2006014,99169.376.34$95,084
Jun 2006015,42466.286.38$98,465
May 2006015,59766.016.42$100,211
Apr 2006014,27664.397.36$105,078
Mar 2006015,72756.707.08$111,393
Feb 2006012,29957.597.75$95,331
Jan 2006013,05060.598.93$116,580
Dec 2005013,84454.9413.42$185,723
Nov 2005014,17754.6910.59$150,112
Oct 2005213,46258.3413.80$185,835
Sep 2005019,17261.4512.08$231,579
Aug 2005020,40561.519.80$199,905
Jul 2005020,73055.697.84$162,599
Jun 2005022,05052.337.38$162,752
May 2005022,54545.226.65$149,950
Apr 2005023,30949.207.36$171,565
Mar 2005027,94050.377.15$199,907
Feb 2005024,75245.226.31$156,233
Jan 2005023,48443.166.32$148,471
Dec 200406,57839.866.75$44,409
Nov 2004028,67745.286.33$181,537
Oct 2004036,82549.706.52$239,919
Sep 2004023,88143.245.28$126,185

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                2,472 Mcf  × $  3.05 =     $7,529

────────────────────────────────────────────────────
Month total                                   $7,529

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/205263 is the state's own key, not one this site invented.