COPE 79-80

Operated by SABLE PERMIAN RESOURCES, LLC (P-5 742251) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19239District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$33.8 M
Dec 2015 – May 2020
Value, last 12 filed months
$4.5 M
at the published price for each month
Months reported
54
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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered
1984-10-08
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 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: “PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD”

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
OilDisposition503,270 bbl$26,320,330
Casinghead gasProduction2,552,047 Mcf$7,502,205
Total$33,822,535

Wells on this lease (4)

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 31.4830, -101.3009. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.48293, -101.30240 · 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%
4 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
7,111 ft
4 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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

Between 7,061 and 7,177 ft, median 7,111 ft, over the 4 wells that filed a depth.

Completions filed
Dec 2015 – Aug 2021
4 of 4 wells

4 wells

42-3834000032HA7,061 ftAug 2021—Yes
42-3833968422HA7,148 ftFeb 2018—Yes
42-3833968526HS7,073 ftFeb 2018—Yes
42-3833950502HA7,177 ftDec 2015—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.

Leases whose centres are nearest (96)

Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.

LeaseOperatorCentres apart
COPE 79-80PERMIAN RESOURCES OPERATING, LLC0.00 mi
SNOW DRAW ADISCOVERY NATURAL RESOURCES LLC0.65 mi
COPE 82-81SABLE PERMIAN RESOURCES, LLC0.96 mi
COPE 82-81PERMIAN RESOURCES OPERATING, LLC0.96 mi
ROCKER B "A"PETRO-RAIDER LLC1.45 mi
COPE 107-108SABLE PERMIAN RESOURCES, LLC2.17 mi
COPE 107-108PERMIAN RESOURCES OPERATING, LLC2.17 mi
SNOW DRAWDISCOVERY NATURAL RESOURCES LLC2.31 mi
COPE "79"ERIC OIL COMPANY2.39 mi
SNOW DRAW BDISCOVERY NATURAL RESOURCES LLC2.40 mi

The 10 nearest are listed. 96 leases in all have a centre within 5 miles of this one.

Operators who reported on those leases

Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.

Every month this lease reported (54)

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

54 months

May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20205,51654,84449.881.98$383,766
Jan 20206,16359,04157.252.09$476,507
Dec 20196,14761,27059.012.30$503,923
Nov 20195,90261,41155.302.75$495,304
Oct 20196,43669,23753.472.42$511,585
Sep 20196,31869,31355.052.66$531,990
Aug 20196,30073,86053.112.30$504,793
Jul 20197,51688,55256.272.46$640,769
Jun 20195,69654,92352.782.49$437,459
May 20195,94548,12658.482.74$479,544
Apr 20195,46039,61862.632.75$450,937
Mar 20198,11464,81256.803.06$659,336
Feb 20197,31355,51950.852.79$526,887
Jan 20198,44872,06146.033.23$621,487
Dec 201810,22383,93246.594.19$827,582
Nov 201811,95192,13252.934.24$1,022,952
Oct 201813,86896,74061.443.40$1,180,780
Sep 201814,790100,55859.543.11$1,193,131
Aug 201815,978102,76259.403.07$1,264,219
Jul 201818,471107,17365.142.93$1,517,419
Jun 201821,245117,10560.183.08$1,638,847
May 201829,049137,44865.382.90$2,297,933
Apr 201847,434150,21163.842.90$3,463,919
Mar 201837,02840,55061.222.79$2,379,861
Feb 201811,14714,79061.782.77$729,573
Jan 20181,92114,92262.874.01$180,600
Dec 20171,0956,63457.272.92$82,092
Nov 20171,85110,80755.423.12$136,283
Oct 20173,71722,26749.292.98$249,649
Sep 20173,11427,40447.523.09$232,581
Aug 20173,66688045.373.00$168,970
Jul 20173,67831,53243.873.09$258,702
Jun 20174,11731,65942.493.09$272,672
May 20174,18432,49945.373.26$295,885
Apr 20174,44135,41547.933.21$326,596
Mar 20174,38038,22546.772.98$318,904
Feb 20174,48843,58250.452.95$355,100
Jan 20175,88751,79649.413.42$467,957
Dec 201611,09856,51048.763.72$751,516
Nov 20161,2894,51042.492.64$66,696
Oct 20168,02921,99446.193.09$438,827
Sep 20168,16222,84041.553.10$409,949
Aug 20168,78023,69141.442.92$433,124
Jul 20168,32526,72641.622.92$424,642
Jun 20165,53627,70445.352.69$325,466
May 201611,13026,24842.521.99$525,508
Apr 201616,30421,87936.561.99$639,636
Mar 201615,46221,23533.011.79$548,496
Feb 201617,11115,55826.472.06$485,034
Jan 201620,71016,51327.352.36$605,461
Dec 20152,3373,02932.362.00$81,688

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.

Feb 2020 — as filed, then multipliedworked
Oil                5,516 bbl  × $ 49.88 =   $275,138
Casinghead gas    54,844 Mcf  × $  1.98 =   $108,628

────────────────────────────────────────────────────
Month total                                 $383,766

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/O/19239 is the state's own key, not one this site invented.