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 209441District 09Field 65280200GasSaveExport
Value, all time
$27.0 M
Mar 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
255
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
GasProduction4,770,406 Mcf$27,039,672
Total$27,039,672

Every month this lease reported (255)

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

255 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 202566762.363.54$2,363
Mar 20253,88167.704.27$16,565
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 202485668.993.12$2,672
Nov 20247,50069.052.20$16,488
Oct 20247,76471.372.28$17,713
Sep 20247,52169.612.36$17,782
Aug 20247,78475.632.06$16,063
Jul 20247,96579.932.15$17,098
Jun 20247,79978.082.63$20,542
May 20247,93078.812.20$17,434
Apr 20247,79684.451.66$12,935
Mar 20248,12380.301.55$12,551
Feb 20247,83176.091.78$13,968
Jan 20248,03973.023.30$26,510
Dec 20238,00771.262.61$20,904
Nov 20238,64077.892.81$24,257
Oct 20238,71285.443.09$26,896
Sep 20238,67789.042.74$23,732
Aug 20238,99080.522.67$24,029
Jul 20238,33174.852.64$22,009
Jun 20238,03968.962.26$18,156
May 20239,87470.622.23$21,993
Apr 20236,44878.122.24$14,429
Mar 20239,02772.852.39$21,603
Feb 20238,04575.112.47$19,836
Jan 20239,33076.533.39$31,607
Dec 20225,09476.415.73$29,184
Nov 20228,59085.005.65$48,501
Oct 20229,54487.185.86$55,964
Sep 20229,43784.888.16$77,041
Aug 20229,79994.529.13$89,437
Jul 20229,893101.587.54$74,614
Jun 20229,550115.097.98$76,182
May 202210,174109.378.43$85,798
Apr 202210,035104.226.84$68,615
Mar 202210,705108.885.08$54,343
Feb 20227,80191.054.86$37,904
Jan 202210,28081.844.54$46,647
Dec 20219,45171.323.90$36,851
Nov 20218,72677.435.24$45,697
Oct 202110,63179.795.71$60,744
Sep 202110,50669.865.35$56,217
Aug 202111,04466.024.22$46,612
Jul 202110,76870.783.98$42,879
Jun 202110,55169.493.38$35,669
May 202111,35263.483.02$34,257
Apr 202111,03160.362.76$30,428
Mar 202111,31561.302.72$30,742
Feb 202110,38557.805.55$57,615
Jan 202111,70650.412.81$32,897
Dec 202011,82644.642.68$31,640
Nov 202011,79838.772.71$31,932
Oct 202012,30136.972.48$30,487
Sep 202012,10237.091.99$24,096
Aug 202012,38739.982.39$29,544
Jul 202012,49138.371.83$22,798
Jun 202012,65134.901.69$21,384
May 202012,68716.921.81$23,024
Apr 202013,01414.751.80$23,482
Mar 202013,54430.341.86$25,141
Feb 202012,72149.881.98$25,196
Jan 202013,90357.252.09$29,123
Dec 201914,14159.012.30$32,586
Nov 201914,17055.302.75$38,977
Oct 201914,98753.472.42$36,247
Sep 201914,77255.052.66$39,253
Aug 201915,49553.112.30$35,706
Jul 201915,54056.272.46$38,229
Jun 201915,72452.782.49$39,172
May 201916,89058.482.74$46,284
Apr 201916,46762.632.75$45,296
Mar 201917,16356.803.06$52,555
Feb 201916,41350.852.79$45,829
Jan 201918,27146.033.23$58,982
Dec 201819,96346.594.19$83,554
Nov 201820,58352.934.24$87,215
Oct 201822,83561.443.40$77,595
Sep 201824,11759.543.11$74,956
Aug 201829,35859.403.07$90,028
Jul 20181,56565.142.93$4,588
Jun 2018060.183.08$0
May 20188,97765.382.90$26,040
Apr 20189,36363.842.90$27,160
Mar 20189,00161.222.79$25,084
Feb 20188,05861.782.77$22,289
Jan 20188,94662.874.01$35,867
Dec 20179,03257.272.92$26,387
Nov 20178,90855.423.12$27,778
Oct 20179,43449.292.98$28,148
Sep 20179,30447.523.09$28,724
Aug 20179,22645.373.00$27,719
Jul 20179,27243.873.09$28,625
Jun 20178,77342.493.09$27,085
May 20179,15745.373.26$29,883
Apr 20179,20947.933.21$29,576
Mar 20179,08246.772.98$27,098
Feb 20178,32650.452.95$24,583
Jan 20179,74549.413.42$33,316
Dec 20169,36848.763.72$34,875
Nov 20169,02442.492.64$23,863
Oct 20169,57146.193.09$29,577
Sep 20169,91541.553.10$30,743
Aug 201610,28641.442.92$30,080
Jul 20169,74641.622.92$28,501
Jun 201610,03645.352.69$26,955
May 201610,40742.521.99$20,721
Apr 201610,39436.561.99$20,695
Mar 201610,80233.011.79$19,379
Feb 201610,23326.472.06$21,117
Jan 201611,22327.352.36$26,535
Dec 201511,22332.362.00$22,462
Nov 20159,97638.792.17$21,621
Oct 201511,23343.552.43$27,258
Sep 201511,10642.992.76$30,635
Aug 201511,61540.162.87$33,364
Jul 201511,72948.152.95$34,543
Jun 201511,51356.152.88$33,190
May 201511,48155.212.96$33,932
Apr 201511,66449.822.71$31,569
Mar 201511,91242.892.93$34,958
Feb 201511,05044.662.98$32,887
Jan 201512,45643.433.10$38,621
Dec 201412,72554.693.59$45,700
Nov 201412,41170.464.25$52,770
Oct 201413,02278.303.90$50,798
Sep 201412,74786.164.05$51,567
Aug 201413,25489.394.04$53,481
Jul 201413,35996.564.18$55,835
Jun 201413,06198.164.74$61,868
May 201413,56694.734.73$64,121
Apr 201413,23995.944.81$63,668
Mar 201413,99795.895.06$70,780
Feb 201412,78697.406.19$79,171
Jan 201414,33090.404.86$69,654
Dec 201314,44191.824.35$62,883
Nov 201314,22988.853.74$53,192
Oct 201314,86097.423.78$56,161
Sep 201314,619104.113.72$54,350
Aug 201315,126104.253.52$53,283
Jul 201314,852102.523.72$55,216
Jun 201314,29494.403.93$56,224
May 201316,67894.834.15$69,198
Apr 201313,22793.964.28$56,646
Mar 201315,17193.623.91$59,362
Feb 201313,76491.233.42$47,072
Jan 201315,41091.603.42$52,701
Dec 201215,52086.773.42$53,081
Nov 201215,34686.953.62$55,629
Oct 201215,90789.383.40$54,079
Sep 201215,21394.672.92$44,398
Aug 201215,60392.662.91$45,376
Jul 201215,83885.133.02$47,843
Jun 201215,42479.822.52$38,854
May 201216,15391.612.49$40,194
Apr 201215,854101.652.00$31,657
Mar 201216,562105.052.22$36,802
Feb 201215,615101.102.57$40,134
Jan 201216,98298.092.73$46,430
Dec 201117,15396.873.24$55,571
Nov 201116,52895.723.31$54,729
Oct 201117,29084.983.65$63,083
Sep 201116,73983.623.99$66,718
Aug 201117,68483.404.15$73,377
Jul 201117,54794.144.52$79,264
Jun 201117,48992.904.64$81,147
May 201117,87998.134.40$78,754
Apr 201117,700105.964.33$76,699
Mar 201118,69296.364.06$75,840
Feb 201116,96785.644.18$70,922
Jan 201119,08686.504.59$87,581
Dec 201019,37685.734.35$84,242
Nov 201018,98380.843.80$72,047
Oct 201019,80978.103.51$69,508
Sep 201019,52772.633.98$77,707
Aug 201020,51173.684.42$90,645
Jul 201020,41072.554.74$96,672
Jun 201020,25670.364.91$99,465
May 201021,22271.124.24$89,880
Apr 201020,83781.694.12$85,904
Mar 201021,98378.394.39$96,476
Feb 201020,12673.585.44$109,533
Jan 201022,68074.365.96$135,266
Dec 200922,95571.445.48$125,879
Nov 200922,74774.593.75$85,335
Oct 200924,16872.544.11$99,337
Sep 200923,20965.543.06$71,130
Aug 200922,28767.423.22$71,731
Jul 200924,70761.133.46$85,597
Jun 200923,44166.163.90$91,303
May 200924,44854.743.93$95,977
Apr 200924,95746.773.59$89,533
Mar 200926,21942.144.06$106,423
Feb 200924,22532.814.63$112,234
Jan 200927,78035.865.37$149,206
Dec 200827,89637.105.98$166,738
Nov 200827,19955.496.86$186,595
Oct 200829,26475.246.92$202,565
Sep 200828,827101.767.88$227,073
Aug 200831,194114.228.48$264,619
Jul 200830,654131.0811.39$349,132
Jun 200827,513131.3313.03$358,567
May 200828,002123.1711.57$324,103
Apr 200827,492110.3110.45$287,425
Mar 200831,990101.909.66$309,154
Feb 200831,09992.538.77$272,756
Jan 200833,09690.388.21$271,577
Dec 200733,83188.337.30$247,033
Nov 200733,98091.677.29$247,772
Oct 200736,10282.856.92$249,897
Sep 200736,27075.846.24$226,476
Aug 200737,87069.066.39$241,911
Jul 200739,35870.906.39$251,417
Jun 200739,26862.007.55$296,413
May 200741,49558.747.85$325,581
Apr 200741,46359.617.81$323,627
Mar 200744,04156.927.30$321,586
Feb 200740,43555.108.22$332,214
Jan 200746,00550.306.73$309,469
Dec 200646,76656.656.92$323,548
Nov 200645,88754.207.62$349,543
Oct 200649,23454.906.01$296,083
Sep 200650,22960.085.04$253,014
Aug 200656,53768.717.34$414,977
Jul 200662,07269.376.34$393,708
Jun 200651,74766.286.38$330,347
May 200675,03966.016.42$482,126
Apr 200673,26764.397.36$539,280
Mar 200671,11656.707.08$503,709
Feb 200656,84357.597.75$440,597
Jan 200634,17160.598.93$305,260
Dec 200556,18954.9413.42$753,798
Nov 200555,13454.6910.59$583,781
Oct 200564,78558.3413.80$893,758
Sep 200572,03761.4512.08$870,135
Aug 200584,64061.519.80$829,205
Jul 200590,00955.697.84$705,998
Jun 200597,72352.337.38$721,297
May 200598,10045.226.65$652,479
Apr 200578,13649.207.36$575,118
Mar 2005050.377.15$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 2025 — as filed, then multipliedworked
Gas                  667 Mcf  × $  3.54 =     $2,363

────────────────────────────────────────────────────
Month total                                   $2,363

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/209441 is the state's own key, not one this site invented.