COPELAND RANCH

Name: COPELAND RANCH lease production and value, May 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) in the MICAR (BEND CONGL. 3727) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155292District 7BField 60970500CondensateGasSave Export

Value, all time

$1.7 M

May 1995 – Jun 2013

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

218

no gaps in the span

Streams

condensate, gas

The MICAR (BEND CONGL. 3727) field

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 9 wells, and the rule below applies to all of them.

Discovered

1982-08-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-03-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 03/01/2007.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,086 bbl	$163,530
Gas	Production	393,697 Mcf	$1,532,175
Total			$1,695,706

51,155 Mcf of this lease's gas, across 20 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 32.5844, -98.5999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58440, -98.59991 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,276 ft

1 wells filed one

Completion to plug

30.8 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 4,276 ft.

Completions filed

Aug 1982

1 of 1 wells

Plug dates filed

Jun 2013

1 of 1 wells

Last completion to plug: a median of 30.8 years across the 1 well that filed both dates, with the middle half between 30.8 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42933261	4	4,276 ft	Aug 1982	Jun 2013	Yes

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 (218)

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

218 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	90	94.83	4.15	$373
Apr 2013	0	90	93.96	4.28	$385
Mar 2013	0	90	93.62	3.91	$352
Feb 2013	0	90	91.23	3.42	$308
Jan 2013	0	102	91.60	3.42	$349
Dec 2012	0	98	86.77	3.42	$335
Nov 2012	0	118	86.95	3.62	$428
Oct 2012	0	120	89.38	3.40	$408
Sep 2012	0	120	94.67	2.92	$350
Aug 2012	0	120	92.66	2.91	$349
Jul 2012	0	120	85.13	3.02	$363
Jun 2012	0	120	79.82	2.52	$302
May 2012	0	120	91.61	2.49	$299
Apr 2012	0	120	101.65	2.00	$240
Mar 2012	0	120	105.05	2.22	$267
Feb 2012	0	120	101.10	2.57	$308
Jan 2012	0	120	98.09	2.73	$328
Dec 2011	0	120	96.87	3.24	$389
Nov 2011	0	120	95.72	3.31	$397
Oct 2011	0	120	84.98	3.65	$438
Sep 2011	0	120	83.62	3.99	$478
Aug 2011	0	120	83.40	4.15	$498
Jul 2011	0	120	94.14	4.52	$542
Jun 2011	0	120	92.90	4.64	$557
May 2011	0	120	98.13	4.40	$529
Apr 2011	0	120	105.96	4.33	$520
Mar 2011	0	120	96.36	4.06	$487
Feb 2011	0	120	85.64	4.18	$502
Jan 2011	0	120	86.50	4.59	$551
Dec 2010	0	120	85.73	4.35	$522
Nov 2010	0	120	80.84	3.80	$455
Oct 2010	0	120	78.10	3.51	$421
Sep 2010	0	120	72.63	3.98	$478
Aug 2010	0	120	73.68	4.42	$530
Jul 2010	0	120	72.55	4.74	$568
Jun 2010	0	120	70.36	4.91	$589
May 2010	0	120	71.12	4.24	$508
Apr 2010	0	120	81.69	4.12	$495
Mar 2010	0	120	78.39	4.39	$527
Feb 2010	0	120	73.58	5.44	$653
Jan 2010	0	120	74.36	5.96	$716
Dec 2009	0	120	71.44	5.48	$658
Nov 2009	0	120	74.59	3.75	$450
Oct 2009	0	120	72.54	4.11	$493
Sep 2009	0	120	65.54	3.06	$368
Aug 2009	0	120	67.42	3.22	$386
Jul 2009	0	120	61.13	3.46	$416
Jun 2009	0	120	66.16	3.90	$467
May 2009	0	120	54.74	3.93	$471
Apr 2009	0	120	46.77	3.59	$431
Mar 2009	0	120	42.14	4.06	$487
Feb 2009	0	120	32.81	4.63	$556
Jan 2009	0	120	35.86	5.37	$645
Dec 2008	0	120	37.10	5.98	$717
Nov 2008	0	120	55.49	6.86	$823
Oct 2008	0	120	75.24	6.92	$831
Sep 2008	0	120	101.76	7.88	$945
Aug 2008	0	120	114.22	8.48	$1,018
Jul 2008	0	120	131.08	11.39	$1,367
Jun 2008	0	120	131.33	13.03	$1,564
May 2008	0	120	123.17	11.57	$1,389
Apr 2008	0	120	110.31	10.45	$1,255
Mar 2008	0	120	101.90	9.66	$1,160
Feb 2008	0	106	92.53	8.77	$930
Jan 2008	0	106	90.38	8.21	$870
Dec 2007	0	106	88.33	7.30	$774
Nov 2007	0	106	91.67	7.29	$773
Oct 2007	0	106	82.85	6.92	$734
Sep 2007	0	106	75.84	6.24	$662
Aug 2007	0	106	69.06	6.39	$677
Jul 2007	0	106	70.90	6.39	$677
Jun 2007	0	80	62.00	7.55	$604
May 2007	0	80	58.74	7.85	$628
Apr 2007	0	87	59.61	7.81	$679
Mar 2007	0	87	56.92	7.30	$635
Feb 2007	0	87	55.10	8.22	$715
Jan 2007	0	596	50.30	6.73	$4,009
Dec 2006	0	886	56.65	6.92	$6,130
Nov 2006	0	759	54.20	7.62	$5,782
Oct 2006	0	1,276	54.90	6.01	$7,674
Sep 2006	0	856	60.08	5.04	$4,312
Aug 2006	0	1,259	68.71	7.34	$9,241
Jul 2006	0	1,252	69.37	6.34	$7,941
Jun 2006	0	1,414	66.28	6.38	$9,027
May 2006	0	1,724	66.01	6.42	$11,077
Apr 2006	0	1,593	64.39	7.36	$11,725
Mar 2006	180	2,019	56.70	7.08	$24,506
Feb 2006	169	1,974	57.59	7.75	$25,033
Jan 2006	0	1,578	60.59	8.93	$14,097
Dec 2005	0	1,206	54.94	13.42	$16,179
Nov 2005	0	1,081	54.69	10.59	$11,446
Oct 2005	0	1,426	58.34	13.80	$19,673
Sep 2005	0	1,119	61.45	12.08	$13,516
Aug 2005	0	356	61.51	9.80	$3,488
Jul 2005	0	1,441	55.69	7.84	$11,303
Jun 2005	0	1,412	52.33	7.38	$10,422
May 2005	0	1,314	45.22	6.65	$8,740
Apr 2005	0	1,657	49.20	7.36	$12,196
Mar 2005	0	1,419	50.37	7.15	$10,153
Feb 2005	0	919	45.22	6.31	$5,801
Jan 2005	0	678	43.16	6.32	$4,286
Dec 2004	0	687	39.86	6.75	$4,638
Nov 2004	0	1,030	45.28	6.33	$6,520
Oct 2004	0	1,950	49.70	6.52	$12,704
Sep 2004	164	1,334	43.24	5.28	$14,140
Aug 2004	0	2,295	42.37	5.55	$12,739
Jul 2004	0	2,294	38.28	6.08	$13,957
Jun 2004	0	2,430	36.10	6.43	$15,632
May 2004	166	2,591	37.48	6.49	$23,049
Apr 2004	0	2,482	34.47	5.86	$14,541
Mar 2004	176	2,875	34.36	5.53	$21,947
Feb 2004	0	2,939	32.45	5.51	$16,193
Jan 2004	0	3,269	32.03	6.30	$20,594
Dec 2003	174	3,543	30.26	6.30	$27,592
Nov 2003	0	3,451	28.80	4.60	$15,858
Oct 2003	0	3,350	28.17	4.76	$15,945
Sep 2003	179	3,782	26.31	4.75	$22,672
Aug 2003	0	4,080	29.76	5.13	$20,929
Jul 2003	174	3,790	29.41	5.17	$24,715
Jun 2003	0	4,314	28.56	5.98	$25,810
May 2003	0	3,970	26.59	5.97	$23,712
Apr 2003	0	4,050	26.67	5.41	$21,899
Mar 2003	0	4,609	31.14	6.10	$28,097
Feb 2003	0	4,462	33.48	7.93	$35,365
Jan 2003	164	4,859	30.31	5.58	$32,094
Dec 2002	182	4,709	26.91	4.85	$27,754
Nov 2002	0	4,358	24.66	4.14	$18,029
Oct 2002	0	3,879	26.46	4.23	$16,405
Sep 2002	0	4,322	27.44	3.64	$15,711
Aug 2002	0	4,629	25.96	3.16	$14,647
Jul 2002	168	3,346	24.58	3.06	$14,374
Jun 2002	0	4,918	23.73	3.34	$16,417
May 2002	46	5,800	24.66	3.58	$21,922
Apr 2002	0	4,828	23.65	3.51	$16,957
Mar 2002	160	4,850	22.00	3.10	$18,568
Feb 2002	0	4,306	18.22	2.38	$10,230
Jan 2002	0	5,877	17.17	2.38	$13,962
Dec 2001	179	5,208	16.93	2.36	$15,344
Nov 2001	27	3,980	18.07	2.41	$10,062
Oct 2001	92	4,307	19.78	2.53	$12,712
Sep 2001	170	4,478	24.26	2.25	$14,206
Aug 2001	177	4,828	24.87	3.05	$19,143
Jul 2001	353	2,723	23.93	3.20	$17,153
Jun 2001	238	5,371	24.56	3.82	$26,385
May 2001	233	5,996	25.52	4.31	$31,773
Apr 2001	187	5,706	24.68	5.34	$35,059
Mar 2001	0	5,893	24.54	5.38	$31,683
Feb 2001	143	5,054	27.75	5.77	$33,115
Jan 2001	0	5,050	27.47	8.40	$42,414
Dec 2000	123	5,337	26.88	9.12	$51,993
Nov 2000	123	4,776	32.21	5.66	$30,984
Oct 2000	167	4,174	31.23	5.15	$26,693
Sep 2000	112	3,501	31.87	5.19	$21,727
Aug 2000	0	3,205	29.64	4.54	$14,553
Jul 2000	0	2,279	28.53	4.09	$9,321
Jun 2000	0	2,972	29.30	4.40	$13,069
May 2000	143	3,936	27.26	3.68	$18,382
Apr 2000	0	2,205	24.51	3.12	$6,871
Mar 2000	0	1,939	28.42	2.86	$5,545
Feb 2000	61	1,556	27.62	2.73	$5,927
Jan 2000	0	2,060	25.27	2.48	$5,110
Dec 1999	0	1,944	24.28	2.42	$4,712
Nov 1999	169	2,809	23.19	2.43	$10,756
Oct 1999	0	2,315	20.98	2.80	$6,491
Sep 1999	0	2,277	21.75	2.62	$5,963
Aug 1999	152	2,382	19.26	2.88	$9,777
Jul 1999	0	1,641	17.89	2.37	$3,893
Jun 1999	0	1,266	15.94	2.36	$2,990
May 1999	0	812	15.79	2.32	$1,885
Apr 1999	175	2,509	15.10	2.21	$8,183
Mar 1999	0	3,251	12.47	1.84	$5,976
Feb 1999	135	2,236	9.98	1.82	$5,412
Jan 1999	0	1,956	10.38	1.90	$3,716
Dec 1998	0	1,197	9.20	1.77	$2,123
Nov 1998	0	469	10.89	2.19	$1,025
Oct 1998	0	873	12.42	1.97	$1,719
Sep 1998	0	1,006	12.59	2.08	$2,095
Aug 1998	0	1,007	11.30	1.91	$1,921
Jul 1998	0	561	11.74	2.24	$1,255
Jun 1998	0	605	11.24	2.24	$1,354
May 1998	0	520	12.62	2.21	$1,147
Apr 1998	0	560	13.04	2.51	$1,403
Mar 1998	136	1,104	12.80	2.31	$4,290
Feb 1998	0	2,533	13.95	2.30	$5,824
Jan 1998	0	2,995	14.70	2.15	$6,454
Dec 1997	0	2,918	16.32	2.41	$7,036
Nov 1997	107	2,724	18.19	3.09	$10,359
Oct 1997	0	3,126	19.25	3.15	$9,846
Sep 1997	0	2,822	17.74	2.95	$8,339
Aug 1997	90	3,252	17.86	2.55	$9,915
Jul 1997	0	3,268	17.58	2.25	$7,343
Jun 1997	0	3,375	17.24	2.26	$7,618
May 1997	0	3,312	18.97	2.31	$7,646
Apr 1997	0	3,181	17.88	2.08	$6,625
Mar 1997	158	3,330	18.95	1.94	$9,451
Feb 1997	0	2,856	20.49	2.21	$6,300
Jan 1997	0	2,877	23.48	3.54	$10,184
Dec 1996	0	3,537	23.32	—	$0
Nov 1996	145	2,564	21.97	—	$3,186
Oct 1996	0	3,445	23.31	—	$0
Sep 1996	0	3,434	22.22	—	$0
Aug 1996	0	2,834	20.26	—	$0
Jul 1996	108	3,257	19.55	—	$2,111
Jun 1996	0	2,101	18.73	—	$0
May 1996	0	2,947	19.43	—	$0
Apr 1996	81	2,920	21.51	—	$1,742
Mar 1996	0	2,869	19.38	—	$0
Feb 1996	0	2,163	16.98	—	$0
Jan 1996	0	1,343	17.07	—	$0
Dec 1995	0	2,079	17.19	—	$0
Nov 1995	0	2,564	16.00	—	$0
Oct 1995	0	2,037	15.43	—	$0
Sep 1995	0	2,740	16.18	—	$0
Aug 1995	0	2,697	15.92	—	$0
Jul 1995	0	2,797	15.24	—	$0
Jun 1995	0	2,473	16.41	—	$0
May 1995	0	354	17.56	—	$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 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.83 =         $0
Gas                   90 Mcf  × $  4.15 =       $373

────────────────────────────────────────────────────
Month total                                     $373

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/155292 is the state's own key, not one this site invented.