COPELAND KARNES
COPELAND KARNES is a Texas oil lease in Karnes County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 132,489 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $807K, with roughly $155K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 246 barrels a month. Its strongest month on the record we hold was November 2022, at 1,911 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about COPELAND KARNES
- Who operates COPELAND KARNES?
- COPELAND KARNES is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is COPELAND KARNES?
- COPELAND KARNES is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 13598.
- Is COPELAND KARNES still producing?
- COPELAND KARNES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COPELAND KARNES is August 2026.
- How much has COPELAND KARNES produced?
- COPELAND KARNES has reported 132,489 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is COPELAND KARNES worth?
- The remaining production from COPELAND KARNES is estimated to be worth about $807K in total as of 27 August 2026, within a range of $629K to $984K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COPELAND KARNES is a fraction of it. The estimate fits an Arps decline curve to the production COPELAND KARNES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COPELAND KARNES is an estimate of value, not an offer and not an appraisal.
- How much income does COPELAND KARNES generate in a year?
- COPELAND KARNES is forecast to net about $155K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COPELAND KARNES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | First Shot (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 01 |
| Lease number | 13598 |
| Wellbores | 1 |
| Reported production | 132,489 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $807K |
Where COPELAND KARNES sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.