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 207996District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.1 M
Jan 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
257
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$45
GasProduction506,160 Mcf$3,146,434
Total$3,146,479

Every month this lease reported (257)

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

257 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019018062.632.75$495
Mar 2019021756.803.06$664
Feb 2019020750.852.79$578
Jan 2019025046.033.23$807
Dec 2018025246.594.19$1,055
Nov 2018023852.934.24$1,008
Oct 2018027261.443.40$924
Sep 2018022759.543.11$706
Aug 2018044859.403.07$1,374
Jul 2018039365.142.93$1,152
Jun 2018039360.183.08$1,209
May 2018062965.382.90$1,825
Apr 2018012663.842.90$366
Mar 2018015761.222.79$438
Feb 201808461.782.77$232
Jan 201801,01862.874.01$4,081
Dec 201701,18357.272.92$3,456
Nov 2017073255.423.12$2,283
Oct 20170049.292.98$0
Sep 2017013747.523.09$423
Aug 2017058545.373.00$1,758
Jul 2017076843.873.09$2,371
Jun 201701,36942.493.09$4,226
May 201701,27845.373.26$4,171
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016012442.492.64$328
Oct 2016014046.193.09$433
Sep 2016076441.553.10$2,369
Aug 201601,73641.442.92$5,077
Jul 201601,62841.622.92$4,761
Jun 201601,68145.352.69$4,515
May 201601,69042.521.99$3,365
Apr 201601,70536.561.99$3,395
Mar 201601,79633.011.79$3,222
Feb 201601,69226.472.06$3,492
Jan 201601,85227.352.36$4,379
Dec 201501,81832.362.00$3,639
Nov 201501,72738.792.17$3,743
Oct 201501,92243.552.43$4,664
Sep 201501,88942.992.76$5,211
Aug 201502,01740.162.87$5,794
Jul 201502,00648.152.95$5,908
Jun 201501,79756.152.88$5,181
May 201501,46755.212.96$4,336
Apr 201501,55249.822.71$4,201
Mar 201501,65942.892.93$4,869
Feb 201501,37844.662.98$4,101
Jan 201501,65343.433.10$5,125
Dec 201401,74954.693.59$6,281
Nov 201402,30970.464.25$9,818
Oct 201402,46778.303.90$9,624
Sep 201402,11586.164.05$8,556
Aug 201402,13589.394.04$8,615
Jul 201402,14696.564.18$8,969
Jun 201402,27598.164.74$10,776
May 201403,88894.734.73$18,377
Apr 201403,26695.944.81$15,707
Mar 201402,54395.895.06$12,859
Feb 201402,37397.406.19$14,694
Jan 201402,62490.404.86$12,755
Dec 201302,72391.824.35$11,857
Nov 201302,89688.853.74$10,826
Oct 201302,98397.423.78$11,274
Sep 201303,185104.113.72$11,841
Aug 201303,699104.253.52$13,030
Jul 201304,660102.523.72$17,325
Jun 201305,35994.403.93$21,079
May 201306,35794.834.15$26,376
Apr 201302,01993.964.28$8,647
Mar 201302,14093.623.91$8,374
Feb 201301,94691.233.42$6,655
Jan 201302,10591.603.42$7,199
Dec 201202,20786.773.42$7,548
Nov 201201,83986.953.62$6,666
Oct 201201,88989.383.40$6,422
Sep 201202,30994.672.92$6,739
Aug 201202,08392.662.91$6,058
Jul 201201,26085.133.02$3,806
Jun 201201,38679.822.52$3,491
May 201201,12091.612.49$2,787
Apr 201201,586101.652.00$3,167
Mar 201201,798105.052.22$3,995
Feb 201201,801101.102.57$4,629
Jan 201201,93698.092.73$5,293
Dec 201101,98796.873.24$6,437
Nov 201101,92495.723.31$6,371
Oct 201101,72884.983.65$6,305
Sep 201101,82183.623.99$7,258
Aug 201101,82583.404.15$7,573
Jul 201102,02294.144.52$9,134
Jun 201101,81792.904.64$8,431
May 201101,87498.134.40$8,255
Apr 201101,824105.964.33$7,904
Mar 201101,78996.364.06$7,259
Feb 201101,74685.644.18$7,298
Jan 201101,79986.504.59$8,255
Dec 201002,05985.734.35$8,952
Nov 201002,04280.843.80$7,750
Oct 201002,16678.103.51$7,600
Sep 201002,21572.633.98$8,815
Aug 201002,19273.684.42$9,687
Jul 201002,11672.554.74$10,022
Jun 201002,04870.364.91$10,057
May 201001,99071.124.24$8,428
Apr 201002,53381.694.12$10,443
Mar 201002,68678.394.39$11,788
Feb 201002,43273.585.44$13,236
Jan 201002,76174.365.96$16,467
Dec 200902,79871.445.48$15,344
Nov 200902,81074.593.75$10,542
Oct 200902,50072.544.11$10,276
Sep 200902,50265.543.06$7,668
Aug 200902,59667.423.22$8,355
Jul 200902,12361.133.46$7,355
Jun 200902,11866.163.90$8,250
May 200902,21454.743.93$8,692
Apr 200902,19846.773.59$7,885
Mar 200902,42142.144.06$9,827
Feb 200902,01832.814.63$9,349
Jan 200902,54235.865.37$13,653
Dec 200802,32837.105.98$13,915
Nov 200802,22255.496.86$15,244
Oct 200801,99175.246.92$13,782
Sep 200802,822101.767.88$22,229
Aug 200802,551114.228.48$21,640
Jul 200802,377131.0811.39$27,073
Jun 200802,170131.3313.03$28,281
May 200802,027123.1711.57$23,461
Apr 200802,288110.3110.45$23,921
Mar 200802,895101.909.66$27,977
Feb 200802,97592.538.77$26,092
Jan 200803,44690.388.21$28,277
Dec 200704,42088.337.30$32,275
Nov 200707,14191.677.29$52,070
Oct 200708,02082.856.92$55,514
Sep 200708,05175.846.24$50,272
Aug 200704,16269.066.39$26,587
Jul 200704,10670.906.39$26,229
Jun 200704,23062.007.55$31,930
May 200704,00858.747.85$31,448
Apr 200704,45959.617.81$34,803
Mar 200704,54956.927.30$33,217
Feb 200704,26955.108.22$35,074
Jan 200704,52350.306.73$30,426
Dec 200604,57656.656.92$31,659
Nov 200604,38154.207.62$33,372
Oct 200605,14954.906.01$30,965
Sep 200605,28160.085.04$26,601
Aug 200605,64968.717.34$41,463
Jul 200605,88069.376.34$37,295
Jun 200605,37266.286.38$34,294
May 200605,84066.016.42$37,522
Apr 200606,10664.397.36$44,943
Mar 200607,09356.707.08$50,239
Feb 200606,64057.597.75$51,467
Jan 200607,54160.598.93$67,366
Dec 200508,16254.9413.42$109,496
Nov 200508,45554.6910.59$89,525
Oct 200508,59158.3413.80$118,519
Sep 2005011,77561.4512.08$142,230
Aug 2005011,40061.519.80$111,684
Jul 2005010,89155.697.84$85,425
Jun 2005011,63352.337.38$85,864
May 2005012,34545.226.65$82,109
Apr 2005014,38149.207.36$105,851
Mar 2005014,27650.377.15$102,143
Feb 2005116,46545.226.31$103,971
Jan 20050043.166.32$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.

Apr 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.63 =         $0
Gas                  180 Mcf  × $  2.75 =       $495

────────────────────────────────────────────────────
Month total                                     $495

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/207996 is the state's own key, not one this site invented.