COPE "84"
COPE "84" is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Stephens, Autry C. It has 2 wellbores on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 62,071 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 $118K, with roughly $23K 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 23 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was October 2017, at 126 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COPE "84"
- Who operates COPE "84"?
- COPE "84" is operated by Stephens, Autry C., Railroad Commission of Texas operator number 817550.
- Where is COPE "84"?
- COPE "84" is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14655.
- Is COPE "84" still producing?
- COPE "84" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COPE "84" is August 2026.
- How much has COPE "84" produced?
- COPE "84" has reported 62,071 barrels of oil (bbl) to the Railroad Commission of Texas between November 1996 and August 2026, from 2 wellbores.
- How much is COPE "84" worth?
- The remaining production from COPE "84" is estimated to be worth about $118K in total as of 27 August 2026, within a range of $65K to $171K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COPE "84" is a fraction of it. The estimate fits an Arps decline curve to the production COPE "84" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COPE "84" is an estimate of value, not an offer and not an appraisal.
- How much income does COPE "84" generate in a year?
- COPE "84" is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COPE "84" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens, Autry C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 14655 |
| Wellbores | 2 |
| Reported production | 62,071 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where COPE "84" 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.