COPE,R.L.
COPE,R.L. is a Texas gas lease in Sterling County, Railroad Commission district 08, operated by Independence Resources MGMT, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 41,618 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 $271K, with roughly $59K 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 1,173 thousand cubic feet a month. Its strongest month on the record we hold was October 2024, at 1,560 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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,R.L.
- Who operates COPE,R.L.?
- COPE,R.L. is operated by Independence Resources MGMT, LLC, Railroad Commission of Texas operator number 423716.
- Where is COPE,R.L.?
- COPE,R.L. is a Texas gas lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289939.
- Is COPE,R.L. still producing?
- COPE,R.L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COPE,R.L. is August 2026.
- How much has COPE,R.L. produced?
- COPE,R.L. has reported 41,618 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2020 and August 2026, from 1 wellbore.
- How much is COPE,R.L. worth?
- The remaining production from COPE,R.L. is estimated to be worth about $271K in total as of 27 August 2026, within a range of $225K to $317K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COPE,R.L. is a fraction of it. The estimate fits an Arps decline curve to the production COPE,R.L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COPE,R.L. is an estimate of value, not an offer and not an appraisal.
- How much income does COPE,R.L. generate in a year?
- COPE,R.L. is forecast to net about $59K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COPE,R.L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Independence Resources MGMT, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 289939 |
| Wellbores | 1 |
| Reported production | 41,618 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $271K |
Where COPE,R.L. 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.