COPELAND, JOHN JR., "C"

Operated by QUAIL RIDGE PETROLEUM LLC (P-5 100292) in the JAMESON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 295183District 7CField 45580666CondensateGasSaveExport
Value, all time
$43 k
Apr 2023 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
38
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 209 leases and 781 wells, and the rule below applies to all of them.

Discovered
1952-01-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1959-10-01.

The Commission's schedule remark for this field reads: 640 ACRES

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
CondensateDisposition415 bbl$31,863
GasProduction4,206 Mcf$11,096
Total$42,960

Every month this lease reported (38)

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

38 months

May 202600106.413.05$0
Apr 202602298.932.87$63
Mar 202602589.753.15$79
Feb 202608863.503.75$330
Jan 202609059.138.00$720
Dec 202507156.664.41$313
Nov 202505658.593.93$220
Oct 202505159.383.30$169
Sep 202504862.743.08$148
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202505960.553.23$191
Apr 202505662.363.54$198
Mar 202501867.704.27$77
Feb 202501870.884.34$78
Jan 202502074.324.28$86
Dec 202408368.993.12$259
Nov 20246618169.052.20$4,955
Oct 2024017071.372.28$388
Sep 20243026269.612.36$2,708
Aug 2024019575.632.06$402
Jul 20245619779.932.15$4,899
Jun 2024019278.082.63$506
May 2024019978.812.20$437
Apr 2024020084.451.66$332
Mar 20241214280.301.55$1,183
Feb 20246317976.091.78$5,113
Jan 2024019473.023.30$640
Dec 2023018571.262.61$483
Nov 2023010077.892.81$281
Oct 20230585.443.09$15
Sep 2023016689.042.74$454
Aug 202312418680.522.67$10,482
Jul 2023018974.852.64$499
Jun 2023018868.962.26$425
May 2023018770.622.23$417
Apr 20236418478.122.24$5,411

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   22 Mcf  × $  2.87 =        $63

────────────────────────────────────────────────────
Month total                                      $63

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. 7C/G/295183 is the state's own key, not one this site invented.