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 205310District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.7 M
Nov 2004 – May 2026
Value, last 12 filed months
$173 k
at the published price for each month
Months reported
259
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
CondensateDisposition2 bbl$130
GasProduction2,431,002 Mcf$12,653,474
Total$12,653,604

Every month this lease reported (259)

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

259 months

May 202603,789106.413.05$11,541
Apr 202603,66898.932.87$10,526
Mar 202603,78989.753.15$11,933
Feb 202603,42163.503.75$12,830
Jan 202603,88859.138.00$31,096
Dec 202503,91156.664.41$17,261
Nov 202503,84258.593.93$15,085
Oct 202503,86959.383.30$12,786
Sep 202503,89962.743.08$11,997
Aug 202504,11863.933.01$12,415
Jul 202503,92766.743.32$13,019
Jun 202503,92566.483.13$12,280
May 202503,76860.553.23$12,179
Apr 202503,79862.363.54$13,457
Mar 202503,89767.704.27$16,634
Feb 202503,47470.884.34$15,080
Jan 202503,97174.324.28$16,991
Dec 202404,04268.993.12$12,617
Nov 202404,06669.052.20$8,939
Oct 202404,25571.372.28$9,707
Sep 202404,08969.612.36$9,668
Aug 202404,14975.632.06$8,562
Jul 202404,20079.932.15$9,016
Jun 202403,93578.082.63$10,365
May 202404,02778.812.20$8,853
Apr 202403,92884.451.66$6,517
Mar 202404,15680.301.55$6,422
Feb 202403,73076.091.78$6,653
Jan 202404,33173.023.30$14,282
Dec 202304,22971.262.61$11,041
Nov 202304,26777.892.81$11,980
Oct 202304,43385.443.09$13,686
Sep 202304,33189.042.74$11,845
Aug 202304,52880.522.67$12,103
Jul 202304,59474.852.64$12,136
Jun 202304,11468.962.26$9,291
May 202304,50370.622.23$10,030
Apr 202304,30378.122.24$9,629
Mar 202304,39372.852.39$10,513
Feb 202303,95575.112.47$9,752
Jan 202304,41576.533.39$14,957
Dec 202204,37476.415.73$25,059
Nov 202204,19985.005.65$23,708
Oct 202204,73787.185.86$27,777
Sep 202204,67084.888.16$38,124
Aug 202204,83294.529.13$44,102
Jul 202204,879101.587.54$36,798
Jun 202204,718115.097.98$37,636
May 202204,870109.378.43$41,069
Apr 202204,746104.226.84$32,451
Mar 202204,971108.885.08$25,235
Feb 202204,50591.054.86$21,889
Jan 202204,99481.844.54$22,661
Dec 202105,05971.323.90$19,726
Nov 202104,80277.435.24$25,147
Oct 202105,32079.795.71$30,398
Sep 202105,26069.865.35$28,146
Aug 202105,45866.024.22$23,036
Jul 202105,54170.783.98$22,065
Jun 202105,49069.493.38$18,560
May 202105,77863.483.02$17,436
Apr 202105,69160.362.76$15,698
Mar 202105,30261.302.72$14,405
Feb 202104,27557.805.55$23,717
Jan 202105,26250.412.81$14,788
Dec 202005,35044.642.68$14,314
Nov 202005,03338.772.71$13,622
Oct 202004,76136.972.48$11,800
Sep 202005,16737.091.99$10,288
Aug 202005,23839.982.39$12,493
Jul 202005,46938.371.83$9,982
Jun 202005,06534.901.69$8,561
May 202005,73216.921.81$10,402
Apr 202005,27814.751.80$9,524
Mar 202005,32430.341.86$9,883
Feb 202005,08749.881.98$10,076
Jan 202005,68057.252.09$11,898
Dec 201905,29759.012.30$12,206
Nov 201904,82555.302.75$13,272
Oct 201906,26153.472.42$15,142
Sep 201904,79155.052.66$12,731
Aug 201905,24253.112.30$12,079
Jul 201905,19456.272.46$12,778
Jun 201904,93552.782.49$12,294
May 201905,24458.482.74$14,370
Apr 201905,16862.632.75$14,216
Mar 201905,43056.803.06$16,627
Feb 201905,02850.852.79$14,039
Jan 201905,43146.033.23$17,532
Dec 201805,41346.594.19$22,656
Nov 201805,29852.934.24$22,449
Oct 201805,44661.443.40$18,506
Sep 201805,53259.543.11$17,193
Aug 201805,94759.403.07$18,237
Jul 201805,65165.142.93$16,568
Jun 201805,57660.183.08$17,157
May 201805,73365.382.90$16,630
Apr 201806,03563.842.90$17,506
Mar 201806,01761.222.79$16,768
Feb 201805,26161.782.77$14,553
Jan 201805,78762.874.01$23,202
Dec 201705,94657.272.92$17,371
Nov 201705,82855.423.12$18,174
Oct 201705,96449.292.98$17,795
Sep 201705,79547.523.09$17,891
Aug 201706,14345.373.00$18,456
Jul 201706,02643.873.09$18,604
Jun 201705,86142.493.09$18,095
May 201706,05745.373.26$19,766
Apr 201705,92347.933.21$19,022
Mar 201706,18546.772.98$18,454
Feb 201705,61650.452.95$16,582
Jan 201706,29949.413.42$21,535
Dec 201606,40848.763.72$23,856
Nov 201606,29142.492.64$16,636
Oct 201606,45546.193.09$19,948
Sep 201606,28641.553.10$19,491
Aug 201606,55041.442.92$19,154
Jul 201606,76641.622.92$19,786
Jun 201606,23945.352.69$16,757
May 201606,30842.521.99$12,559
Apr 201606,22636.561.99$12,396
Mar 201606,54233.011.79$11,736
Feb 201606,18926.472.06$12,772
Jan 201606,92727.352.36$16,378
Dec 201507,09932.362.00$14,208
Nov 201506,75338.792.17$14,636
Oct 201507,33443.552.43$17,797
Sep 201506,97842.992.76$19,248
Aug 201507,29940.162.87$20,966
Jul 201507,46448.152.95$21,982
Jun 201506,97056.152.88$20,094
May 201507,42755.212.96$21,950
Apr 201507,14249.822.71$19,330
Mar 201507,41042.892.93$21,746
Feb 201506,89144.662.98$20,509
Jan 201507,61043.433.10$23,596
Dec 201407,71754.693.59$27,715
Nov 201407,80470.464.25$33,181
Oct 201407,98478.303.90$31,145
Sep 201407,88086.164.05$31,878
Aug 201408,22589.394.04$33,189
Jul 201408,25296.564.18$34,490
Jun 201407,95298.164.74$37,668
May 201408,57894.734.73$40,544
Apr 201408,38095.944.81$40,300
Mar 201408,62095.895.06$43,590
Feb 201407,90097.406.19$48,917
Jan 201408,61490.404.86$41,870
Dec 201308,97891.824.35$39,095
Nov 201309,10488.853.74$34,033
Oct 201309,50997.423.78$35,938
Sep 201309,633104.113.72$35,813
Aug 201309,628104.253.52$33,916
Jul 201308,018102.523.72$29,809
Jun 201308,04694.403.93$31,648
May 2013010,01394.834.15$41,545
Apr 2013010,70693.964.28$45,849
Mar 2013011,51793.623.91$45,065
Feb 2013010,56591.233.42$36,131
Jan 2013012,11691.603.42$41,436
Dec 2012012,56486.773.42$42,971
Nov 2012012,62186.953.62$45,751
Oct 2012012,11989.383.40$41,201
Sep 2012011,18994.672.92$32,654
Aug 2012011,59192.662.91$33,708
Jul 2012012,10085.133.02$36,552
Jun 2012012,46979.822.52$31,410
May 2012013,54291.612.49$33,697
Apr 2012013,621101.652.00$27,198
Mar 2012014,364105.052.22$31,918
Feb 2012013,868101.102.57$35,644
Jan 2012015,31598.092.73$41,872
Dec 2011015,72596.873.24$50,945
Nov 2011015,58795.723.31$51,613
Oct 2011016,65484.983.65$60,763
Sep 2011016,65083.623.99$66,364
Aug 2011017,77583.404.15$73,754
Jul 2011018,50294.144.52$83,578
Jun 2011018,63692.904.64$86,469
May 2011020,22498.134.40$89,083
Apr 2011020,748105.964.33$89,907
Mar 2011022,89296.364.06$92,881
Feb 2011022,61085.644.18$94,509
Jan 2011028,10886.504.59$128,981
Dec 2010033,76585.734.35$146,802
Nov 2010043980.843.80$1,666
Oct 201003,40078.103.51$11,930
Sep 201003,48872.633.98$13,880
Aug 201003,75973.684.42$16,612
Jul 201003,83872.554.74$18,179
Jun 201003,77970.364.91$18,556
May 201003,93071.124.24$16,644
Apr 201004,17581.694.12$17,212
Mar 201004,97078.394.39$21,812
Feb 201003,93773.585.44$21,427
Jan 201004,43874.365.96$26,469
Dec 200904,56871.445.48$25,050
Nov 200904,81674.593.75$18,067
Oct 200905,44372.544.11$22,372
Sep 200904,92265.543.06$15,085
Aug 200905,53067.423.22$17,798
Jul 200906,22661.133.46$21,570
Jun 200905,95666.163.90$23,199
May 200907,07654.743.93$27,779
Apr 200907,13946.773.59$25,611
Mar 200908,54142.144.06$34,668
Feb 200908,19932.814.63$37,986
Jan 200909,19535.865.37$49,386
Dec 200809,20537.105.98$55,020
Nov 200809,43855.496.86$64,748
Oct 200808,86175.246.92$61,336
Sep 200809,317101.767.88$73,391
Aug 200807,594114.228.48$64,420
Jul 200804,877131.0811.39$55,546
Jun 200804,751131.3313.03$61,918
May 200805,023123.1711.57$58,138
Apr 200804,791110.3110.45$50,089
Mar 200805,420101.909.66$52,379
Feb 200805,43392.538.77$47,651
Jan 200806,33290.388.21$51,959
Dec 200706,57288.337.30$47,989
Nov 200706,92391.677.29$50,480
Oct 200709,35082.856.92$64,721
Sep 2007010,09375.846.24$63,022
Aug 2007010,72769.066.39$68,523
Jul 2007010,71970.906.39$68,472
Jun 2007011,49662.007.55$86,777
May 2007012,35758.747.85$96,956
Apr 2007012,13259.617.81$94,693
Mar 2007012,74356.927.30$93,049
Feb 2007012,57955.108.22$103,349
Jan 2007015,75850.306.73$106,002
Dec 2006016,88056.656.92$116,783
Nov 2006017,07154.207.62$130,038
Oct 2006017,78354.906.01$106,943
Sep 2006017,65560.085.04$88,932
Aug 2006119,37368.717.34$142,265
Jul 2006020,93869.376.34$132,805
Jun 2006022,09566.286.38$141,052
May 2006025,87166.016.42$166,221
Apr 2006026,82764.397.36$197,460
Mar 2006014,75556.707.08$104,508
Feb 2006012,55557.597.75$97,315
Jan 2006015,28060.598.93$136,501
Dec 2005017,44054.9413.42$233,965
Nov 2005023,29354.6910.59$246,636
Oct 2005027,86558.3413.80$384,419
Sep 2005128,58361.4512.08$345,316
Aug 2005030,63161.519.80$300,087
Jul 2005032,52955.697.84$255,146
Jun 2005033,14452.337.38$244,637
May 2005031,44545.226.65$209,146
Apr 2005044,16949.207.36$325,105
Mar 2005044,16950.377.15$316,024
Feb 2005040,80545.226.31$257,558
Jan 2005055,26143.166.32$349,371
Dec 2004070,15639.866.75$473,629
Nov 2004040,60345.286.33$257,034

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                3,789 Mcf  × $  3.05 =    $11,541

────────────────────────────────────────────────────
Month total                                  $11,541

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/205310 is the state's own key, not one this site invented.