COPELAND RANCH

Operated by BORDERLINE OPERATING CORP. (P-5 82999) in the PALO PINTO COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28729District 7BField 68707001OilCasinghead gasSaveExport
Value, all time
$117 k
Jan 2000 – Nov 2009
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
oil, casinghead 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 344 leases and 721 wells, and the rule below applies to all of them.

Discovered
1915-12-31
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
OilDisposition565 bbl$16,215
Casinghead gasProduction23,652 Mcf$100,445
Total$116,661

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 32.5829, -98.5678. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58285, -98.56783 · 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
3,950 ft
1 wells filed one
Completion to plug
9.6 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 3,950 ft.

Completions filed
Jan 2000
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 9.6 years across the 1 well that filed both dates, with the middle half between 9.6 years and 9.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633485013,950 ftJan 2000Aug 2009Yes

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 (119)

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

119 months

Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200923046.773.59$1,076
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050961.4512.08$109
Aug 200501061.519.80$98
Jul 20050055.697.84$0
Jun 200501652.337.38$118
May 200502145.226.65$140
Apr 200504849.207.36$353
Mar 200505050.377.15$358
Feb 20050045.226.31$0
Jan 200505643.166.32$354
Dec 200405539.866.75$371
Nov 20040045.286.33$0
Oct 200404649.706.52$300
Sep 20040043.245.28$0
Aug 200401042.375.55$56
Jul 200409338.286.08$566
Jun 20040036.106.43$0
May 200449037.486.49$1,837
Apr 20040734.475.86$41
Mar 20040034.365.53$0
Feb 2004038632.455.51$2,127
Jan 2004033532.036.30$2,110
Dec 2003025230.266.30$1,588
Nov 2003069928.804.60$3,212
Oct 2003047428.174.76$2,256
Sep 2003039026.314.75$1,852
Aug 200301329.765.13$67
Jul 200303629.415.17$186
Jun 200303528.565.98$209
May 200303526.595.97$209
Apr 20030026.675.41$0
Mar 200350031.146.10$1,557
Feb 200302333.487.93$182
Jan 200305130.315.58$285
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002033226.464.23$1,404
Sep 2002047327.443.64$1,719
Aug 2002037025.963.16$1,171
Jul 2002049424.583.06$1,513
Jun 200213446123.733.34$4,719
May 2002052524.663.58$1,882
Apr 2002059523.653.51$2,090
Mar 2002050722.003.10$1,573
Feb 2002047918.222.38$1,138
Jan 2002038017.172.38$903
Dec 2001033216.932.36$785
Nov 2001030118.072.41$724
Oct 2001049919.782.53$1,262
Sep 2001028724.262.25$646
Aug 200114148824.873.05$4,997
Jul 2001065423.933.20$2,091
Jun 2001055524.563.82$2,122
May 2001070125.524.31$3,019
Apr 2001086824.685.34$4,631
Mar 2001098324.545.38$5,285
Feb 2001087427.755.77$5,040
Jan 20016722727.478.40$3,747
Dec 2000049326.889.12$4,497
Nov 200001,20032.215.66$6,790
Oct 200001,23831.235.15$6,370
Sep 200010172831.875.19$6,995
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000072329.304.40$3,179
May 200001,25727.263.68$4,625
Apr 200001,67924.513.12$5,232
Mar 2000075128.422.86$2,148
Feb 2000060427.622.73$1,647
Jan 2000044425.272.48$1,101

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 2009 — as filed, then multipliedworked
Oil                   23 bbl  × $ 46.77 =     $1,076
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $1,076

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/O/28729 is the state's own key, not one this site invented.