COPELAND RANCH "A"

COPELAND RANCH "A" is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Braka Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 160,474 thousand cubic feet. 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 $30K, with roughly $4K 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 146 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 730 thousand cubic feet. 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 RANCH "A"

Who operates COPELAND RANCH "A"?
COPELAND RANCH "A" is operated by Braka Operating, L.L.C., Railroad Commission of Texas operator number 088563.
Where is COPELAND RANCH "A"?
COPELAND RANCH "A" is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 200326.
Is COPELAND RANCH "A" still producing?
COPELAND RANCH "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COPELAND RANCH "A" is August 2026.
How much has COPELAND RANCH "A" produced?
COPELAND RANCH "A" has reported 160,474 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2004 and August 2026, from 1 wellbore.
How much is COPELAND RANCH "A" worth?
The remaining production from COPELAND RANCH "A" is estimated to be worth about $30K in total as of 26 August 2026, within a range of $24K to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COPELAND RANCH "A" is a fraction of it. The estimate fits an Arps decline curve to the production COPELAND RANCH "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COPELAND RANCH "A" is an estimate of value, not an offer and not an appraisal.
How much income does COPELAND RANCH "A" generate in a year?
COPELAND RANCH "A" is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COPELAND RANCH "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COPELAND RANCH "A" as filed with the Railroad Commission of Texas
OperatorBraka Operating, L.L.C.
FieldLonesome Duffer (Duffer)
CountyStephens County, Texas
RRC district7B
Lease number200326
Wellbores1
Reported production160,474 mcf
First reported
Last reported
Estimated royalty value$30K

Where COPELAND RANCH "A" 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.