COPELAND A-2

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the MT. SION (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 137448District 7BField 63400500GasSaveExport
Value, all time
$66 k
Jan 1993 – Mar 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1978-07-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
GasProduction62,383 Mcf$66,399
Total$66,399

35,436 Mcf of this lease's gas, across 46 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.5352, -98.5917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53519, -98.59167 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,889 ft
1 wells filed one
Completion to plug
17.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 3,889 ft.

Completions filed
Dec 1988
1 of 1 wells
Plug dates filed
Mar 2006
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293514087023,889 ftDec 1988Mar 2006Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (159)

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

159 months

Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 20005129.644.54$232
Jul 200013128.534.09$536
Jun 200028629.304.40$1,258
May 200049727.263.68$1,829
Apr 200085024.513.12$2,649
Mar 200090028.422.86$2,574
Feb 200077027.622.73$2,099
Jan 200078925.272.48$1,957
Dec 199984124.282.42$2,038
Nov 199991323.192.43$2,222
Oct 199982320.982.80$2,307
Sep 199994221.752.62$2,467
Aug 199982019.262.88$2,358
Jul 199960517.892.37$1,435
Jun 199982815.942.36$1,956
May 199965815.792.32$1,527
Apr 199963015.102.21$1,391
Mar 199968212.471.84$1,254
Feb 19995719.981.82$1,038
Jan 199965710.381.90$1,248
Dec 19985789.201.77$1,025
Nov 199864410.892.19$1,408
Oct 199859712.421.97$1,176
Sep 199865012.592.08$1,354
Aug 199859911.301.91$1,143
Jul 199860211.742.24$1,347
Jun 199855811.242.24$1,248
May 199854812.622.21$1,209
Apr 199849013.042.51$1,228
Mar 199854112.802.31$1,249
Feb 199842513.952.30$977
Jan 199851314.702.15$1,105
Dec 199752216.322.41$1,259
Nov 199747718.193.09$1,473
Oct 199743419.253.15$1,367
Sep 199746217.742.95$1,365
Aug 199746217.862.55$1,180
Jul 199746517.582.25$1,045
Jun 199760817.242.26$1,372
May 19971,70818.972.31$3,943
Apr 199724517.882.08$510
Mar 199754618.951.94$1,059
Feb 199749520.492.21$1,092
Jan 199753423.483.54$1,890
Dec 199656423.32$0
Nov 199651921.97$0
Oct 199644623.31$0
Sep 199644622.22$0
Aug 199644920.26$0
Jul 1996019.55$0
Jun 199629418.73$0
May 199650319.43$0
Apr 19961,25821.51$0
Mar 19962,73219.38$0
Feb 199628016.98$0
Jan 199678217.07$0
Dec 199567317.19$0
Nov 199554516.00$0
Oct 199564515.43$0
Sep 199566116.18$0
Aug 199580415.92$0
Jul 199581415.24$0
Jun 199542816.41$0
May 1995017.56$0
Apr 199520117.73$0
Mar 199558816.44$0
Feb 19951,04516.58$0
Jan 199584015.92$0
Dec 199449815.03$0
Nov 199448215.90$0
Oct 199480215.58$0
Sep 199482515.29$0
Aug 199491616.13$0
Jul 199441117.56$0
Jun 199480217.09$0
May 199472215.88$0
Apr 199478314.14$0
Mar 199479412.46$0
Feb 19941,07112.50$0
Jan 19941,05312.66$0
Dec 199372612.33$0
Nov 199380814.49$0
Oct 199372315.85$0
Sep 199356415.03$0
Aug 199386615.66$0
Jul 199388615.46$0
Jun 199351416.79$0
May 19931,12717.68$0
Apr 19931,05518.05$0
Mar 19931,15118.14$0
Feb 19931,08817.90$0
Jan 19931,25216.93$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.

Aug 2000 — as filed, then multipliedworked
Gas                   51 Mcf  × $  4.54 =       $232

────────────────────────────────────────────────────
Month total                                     $232

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. 7B/G/137448 is the state's own key, not one this site invented.