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 206938District 09Field 65280200GasSaveExport
Value, all time
$21.1 M
Nov 2004 – May 2026
Value, last 12 filed months
$240 k
at the published price for each month
Months reported
259
no gaps in the span
Streams
1
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
GasProduction3,774,252 Mcf$21,085,919
Total$21,085,919

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 20265,491106.413.05$16,725
Apr 20265,27298.932.87$15,129
Mar 20265,38689.753.15$16,963
Feb 20264,86463.503.75$18,242
Jan 20264,13559.138.00$33,071
Dec 20255,57256.664.41$24,591
Nov 20255,60658.593.93$22,012
Oct 20255,76959.383.30$19,066
Sep 20255,69562.743.08$17,523
Aug 20255,82063.933.01$17,546
Jul 20256,29666.743.32$20,873
Jun 20255,81566.483.13$18,194
May 20255,16860.553.23$16,705
Apr 20255,08562.363.54$18,017
Mar 20255,39167.704.27$23,011
Feb 20253,00470.884.34$13,040
Jan 20255,57174.324.28$23,837
Dec 20245,56368.993.12$17,364
Nov 20245,48569.052.20$12,058
Oct 20244,73971.372.28$10,812
Sep 20243,33269.612.36$7,878
Aug 20244,98375.632.06$10,283
Jul 20245,88279.932.15$12,626
Jun 20245,73578.082.63$15,106
May 20245,96478.812.20$13,112
Apr 20245,96484.451.66$9,895
Mar 20246,33580.301.55$9,788
Feb 20245,90776.091.78$10,536
Jan 20244,23073.023.30$13,949
Dec 20234,10671.262.61$10,720
Nov 20232,72377.892.81$7,645
Oct 20235,70085.443.09$17,598
Sep 20236,91689.042.74$18,916
Aug 20232,58280.522.67$6,901
Jul 20236,24774.852.64$16,503
Jun 20235,71068.962.26$12,896
May 20236,19870.622.23$13,805
Apr 20236,04578.122.24$13,527
Mar 20236,31772.852.39$15,118
Feb 20235,80775.112.47$14,318
Jan 20236,39476.533.39$21,661
Dec 20226,11876.415.73$35,051
Nov 20226,43485.005.65$36,328
Oct 20226,98887.185.86$40,976
Sep 20226,70084.888.16$54,697
Aug 20226,85794.529.13$62,585
Jul 20226,792101.587.54$51,226
Jun 20226,650115.097.98$53,048
May 20227,059109.378.43$59,529
Apr 20226,870104.226.84$46,974
Mar 20227,275108.885.08$36,931
Feb 20226,61191.054.86$32,122
Jan 20226,99281.844.54$31,727
Dec 20216,45071.323.90$25,149
Nov 20216,54677.435.24$34,280
Oct 20217,19279.795.71$41,094
Sep 20217,05469.865.35$37,745
Aug 20217,07966.024.22$29,878
Jul 20217,62670.783.98$30,367
Jun 20217,64669.493.38$25,848
May 20218,03763.483.02$24,253
Apr 20217,80260.362.76$21,521
Mar 20218,25861.302.72$22,436
Feb 20217,68257.805.55$42,619
Jan 20218,27250.412.81$23,247
Dec 20208,37544.642.68$22,407
Nov 20208,29438.772.71$22,448
Oct 20208,72136.972.48$21,614
Sep 20208,58537.091.99$17,093
Aug 20209,07939.982.39$21,654
Jul 20209,20238.371.83$16,795
Jun 20209,15234.901.69$15,470
May 20209,58116.921.81$17,387
Apr 20209,45114.751.80$17,053
Mar 202010,11830.341.86$18,781
Feb 20209,55849.881.98$18,931
Jan 202010,61157.252.09$22,227
Dec 201911,17859.012.30$25,758
Nov 201911,13855.302.75$30,637
Oct 201911,82753.472.42$28,604
Sep 201911,96155.052.66$31,784
Aug 201913,09353.112.30$30,171
Jul 201913,87456.272.46$34,131
Jun 201914,07152.782.49$35,054
May 201916,57258.482.74$45,413
Apr 201918,64562.632.75$51,287
Mar 20191,80456.803.06$5,524
Feb 20195,13450.852.79$14,335
Jan 20195,44746.033.23$17,584
Dec 20186,23246.594.19$26,084
Nov 20185,65352.934.24$23,953
Oct 20185,40161.443.40$18,353
Sep 20185,86859.543.11$18,238
Aug 20186,02559.403.07$18,476
Jul 20186,09465.142.93$17,867
Jun 20186,37660.183.08$19,618
May 20186,15065.382.90$17,840
Apr 20186,11763.842.90$17,744
Mar 20186,08061.222.79$16,944
Feb 20185,46661.782.77$15,120
Jan 20186,43362.874.01$25,792
Dec 20176,71557.272.92$19,618
Nov 20176,33655.423.12$19,758
Oct 20175,63449.292.98$16,810
Sep 20175,37847.523.09$16,603
Aug 20175,71845.373.00$17,179
Jul 20175,87343.873.09$18,132
Jun 20175,64542.493.09$17,428
May 20176,20545.373.26$20,249
Apr 20176,16147.933.21$19,787
Mar 20176,34446.772.98$18,928
Feb 20175,80650.452.95$17,143
Jan 20176,35549.413.42$21,726
Dec 20166,57348.763.72$24,470
Nov 20166,39942.492.64$16,921
Oct 20166,59546.193.09$20,380
Sep 20166,53841.553.10$20,272
Aug 20166,84741.442.92$20,023
Jul 20167,07041.622.92$20,675
Jun 20166,78645.352.69$18,226
May 20167,12142.521.99$14,178
Apr 20166,82236.561.99$13,583
Mar 20167,14333.011.79$12,815
Feb 20166,81926.472.06$14,072
Jan 20167,31627.352.36$17,298
Dec 20157,28032.362.00$14,570
Nov 20157,25138.792.17$15,715
Oct 20157,69643.552.43$18,675
Sep 20157,50542.992.76$20,702
Aug 20157,85440.162.87$22,561
Jul 20158,06148.152.95$23,740
Jun 20157,80456.152.88$22,498
May 20158,37855.212.96$24,761
Apr 20158,11449.822.71$21,961
Mar 20158,48742.892.93$24,907
Feb 20157,29944.662.98$21,723
Jan 20158,89743.433.10$27,586
Dec 20149,22354.693.59$33,123
Nov 20149,27570.464.25$39,436
Oct 201410,23278.303.90$39,915
Sep 20149,99686.164.05$40,438
Aug 201410,63089.394.04$42,893
Jul 201411,17896.564.18$46,720
Jun 201411,37598.164.74$53,882
May 201411,58194.734.73$54,738
Apr 201411,91695.944.81$57,305
Mar 201412,33295.895.06$62,360
Feb 201411,25797.406.19$69,703
Jan 201412,81690.404.86$62,295
Dec 201313,16791.824.35$57,335
Nov 201314,28088.853.74$53,383
Oct 201314,64497.423.78$55,345
Sep 201316,591104.113.72$61,681
Aug 201318,117104.253.52$63,819
Jul 201317,781102.523.72$66,105
Jun 201321,50694.403.93$84,592
May 201333,46694.834.15$138,853
Apr 201317,37393.964.28$74,401
Mar 201312,69393.623.91$49,666
Feb 201311,14091.233.42$38,098
Jan 201312,45391.603.42$42,588
Dec 201212,67286.773.42$43,340
Nov 201212,68786.953.62$45,990
Oct 201213,01889.383.40$44,257
Sep 201212,35994.672.92$36,069
Aug 201212,74292.662.91$37,056
Jul 201212,63385.133.02$38,162
Jun 201212,75379.822.52$32,125
May 201213,28991.612.49$33,067
Apr 201213,079101.652.00$26,116
Mar 201213,715105.052.22$30,476
Feb 201213,091101.102.57$33,647
Jan 201214,15398.092.73$38,695
Dec 201113,96296.873.24$45,233
Nov 201113,41895.723.31$44,431
Oct 201113,79384.983.65$50,324
Sep 201113,57183.623.99$54,091
Aug 201114,17383.404.15$58,808
Jul 201114,64794.144.52$66,164
Jun 201114,19692.904.64$65,868
May 201114,77998.134.40$65,099
Apr 201114,559105.964.33$63,088
Mar 201115,34396.364.06$62,252
Feb 201113,78885.644.18$57,634
Jan 201115,62886.504.59$71,713
Dec 201016,00785.734.35$69,594
Nov 201015,75980.843.80$59,811
Oct 201016,63578.103.51$58,370
Sep 201016,66172.633.98$66,302
Aug 201017,79273.684.42$78,629
Jul 201019,29572.554.74$91,391
Jun 201016,75970.364.91$82,293
May 20105,87971.124.24$24,899
Apr 201013,85481.694.12$57,116
Mar 201017,45178.394.39$76,587
Feb 201016,00173.585.44$87,083
Jan 201018,03374.365.96$107,550
Dec 200918,05971.445.48$99,031
Nov 200917,92374.593.75$67,238
Oct 200919,05572.544.11$78,321
Sep 200917,37265.543.06$53,241
Aug 200918,71867.423.22$60,244
Jul 200919,91361.133.46$68,989
Jun 200919,16466.163.90$74,644
May 200920,34054.743.93$79,850
Apr 200920,21046.773.59$72,503
Mar 200920,92342.144.06$84,926
Feb 200919,23232.814.63$89,102
Jan 200922,46335.865.37$120,649
Dec 200822,71537.105.98$135,771
Nov 200821,90455.496.86$150,269
Oct 200823,57775.246.92$163,200
Sep 200818,713101.767.88$147,404
Aug 200821,245114.228.48$180,222
Jul 200820,296131.0811.39$231,160
Jun 200818,750131.3313.03$244,362
May 200819,783123.1711.57$228,974
Apr 200817,616110.3110.45$184,173
Mar 200825,293101.909.66$244,433
Feb 200825,09292.538.77$220,071
Jan 200826,27090.388.21$215,565
Dec 200726,52888.337.30$193,707
Nov 200727,16891.677.29$198,101
Oct 200728,67382.856.92$198,474
Sep 200729,49375.846.24$184,159
Aug 200730,36969.066.39$193,995
Jul 200731,69970.906.39$202,491
Jun 200731,30162.007.55$236,274
May 200732,60058.747.85$255,789
Apr 200731,78559.617.81$248,088
Mar 200732,66256.927.30$238,497
Feb 200729,84755.108.22$245,223
Jan 200734,03450.306.73$228,942
Dec 200635,60156.656.92$246,303
Nov 200635,16854.207.62$267,892
Oct 200638,63254.906.01$232,325
Sep 200637,93560.085.04$191,086
Aug 200638,86368.717.34$285,251
Jul 200642,11969.376.34$267,151
Jun 200643,13966.286.38$275,394
May 200649,59766.016.42$318,661
Apr 200646,83364.397.36$344,713
Mar 200627,39656.707.08$194,044
Feb 200627,03457.597.75$209,544
Jan 200636,25560.598.93$323,878
Dec 200536,63554.9413.42$491,473
Nov 200537,86654.6910.59$400,940
Oct 200541,98058.3413.80$579,146
Sep 200545,88161.4512.08$554,197
Aug 200549,68661.519.80$486,766
Jul 200551,79055.697.84$406,222
Jun 200557,24152.337.38$422,498
May 200560,94845.226.65$405,375
Apr 200571,84249.207.36$528,792
Mar 200582,38950.377.15$589,483
Feb 200578,00045.226.31$492,330
Jan 200525,71443.166.32$162,569
Dec 20045,74239.866.75$38,765
Nov 2004045.286.33$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.

May 2026 — as filed, then multipliedworked
Gas                5,491 Mcf  × $  3.05 =    $16,725

────────────────────────────────────────────────────
Month total                                  $16,725

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/206938 is the state's own key, not one this site invented.