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Texas gas well

Producing

COOPER FOUNDATION

Cooper Foundation is a gas well in Starr County, Texas, operated by Varas Energy Operating Company, in the T Patch (Reklaw Oso) field.

1 well

99,121mcf gas, last 12 months−8% vs prior year
RRC lease
04-209900

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Where it sits

This county

Starr CountyStarrBrooksJim HoggZapataHidalgoStarr County
Starr County
Oil, last 12 months
1,370 bbl
Gas in Jul 2026
7,519 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Varas Energy Operating Company, took over from Hugoton Operating Company, Inc. in Jan 2025.

  • Buyer

    Buyer changed: ENTERPRISE PRODUCTS OPERATING LLC replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from gas wells on Jan 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 8% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 8% over the last 12 monthsMonthly gas production and oil for COOPER FOUNDATION, Aug 2023 to Jul 2026. Gas output fell 8% over the last 12 months. 99,121 mcf in the 12 months through Jul 2026, against 107,964 mcf in the 12 months before.Last 12 months: 99,121 mcfmcf per monthbbl per month005,00010010k20015k30020k400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 8% over the last 12 monthsMonthly gas production and oil for COOPER FOUNDATION, Aug 2023 to Jul 2026. Gas output fell 8% over the last 12 months. 99,121 mcf in the 12 months through Jul 2026, against 107,964 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,00010010k20015k30020k400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of COOPER FOUNDATION gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of COOPER FOUNDATION gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, In…Dec 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, Inc.Dec 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on COOPER FOUNDATION
API numberWell no.Status
42-427-338291Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50May 1, 2020–
Enterprise Products Operating LLCGas-well gasBuys100Jan 1, 2025–
Varas Energy Operating Company,Gas-well gasGathers100Jun 1, 2026–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jun 1, 2026
Dcp Operating Company, LPGas-well gasBuys100Dec 1, 2019Jan 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50May 1, 2020Dec 1, 2022
Bluestone Natural Res. Ii, LLCGas-well gasGathers100Dec 1, 2019Jun 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2019May 1, 2020
Flint Hills Resources, LPCondensateGathers100Jul 1, 2005Dec 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,995.12 acres on the newest permit

Permits for Cooper Foundation
API numberWell no.Acreson the permit
42-427-3382911,995.12

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for COOPER FOUNDATION
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy731447,5197,5190$80.46$2.89
Jun 2026Varas Energy11807,5187,5180$84.81$3.15
May 2026Varas Energy1001508,1178,1170$102.13$2.94
Apr 2026Varas Energy771327,3437,3430$100.32$2.77
Mar 2026Varas Energy135010,28710,2870$91.38$3.04
Feb 2026Varas Energy751237,6037,6030$64.51$3.62
Jan 2026Varas Energy1551486,3146,3140$60.04$7.72
Dec 2025Varas Energy971399,8469,8460$57.97$4.26
Nov 2025Varas Energy2331318,7808,7800$60.06$3.79
Oct 2025Varas Energy1011298,7688,7680$60.89$3.19
Sep 2025Varas Energy291369,5439,5430$63.96$2.97
Aug 2025Varas Energy1771167,4837,4830$64.86$2.91
Jul 2025Varas Energy581457,4027,4020$68.39$3.20
Jun 2025Varas Energy1761579,1899,1890$68.17$3.02
May 2025Varas Energy1341578,3968,3960$62.17$3.12
Apr 2025Varas Energy1793248,7038,7030$63.54$3.42
Mar 2025Varas Energy19708,6428,6420$68.24$4.12
Feb 2025Varas Energy1811678,2298,2290$71.53$4.19
Jan 2025Varas Energy22031910,20110,2010$75.74$4.13
Dec 2024Hugoton Operating2081779,6119,6110$70.12$3.01
Nov 2024Hugoton Operating1431668,6408,6400$69.95$2.12
Oct 2024Hugoton Operating22817710,88710,8870$71.99$2.20
Sep 2024Hugoton Operating1371658,4098,4090$70.24$2.28
Aug 2024Hugoton Operating1771599,6559,6550$76.68$1.99
Jul 2024Hugoton Operating1741679,6399,6390$81.80$2.07
Jun 2024Hugoton Operating1761699,3739,3730$79.77$2.54
May 2024Hugoton Operating1781689,8789,8780$80.02$2.12
Apr 2024Hugoton Operating23232710,23710,2370$85.35$1.60
Mar 2024Hugoton Operating20733515,89815,8980$81.28$1.49
Feb 2024Hugoton Operating002742740$77.25$1.72
Jan 2024Hugoton Operating002682680$74.15$3.18
Dec 2023Hugoton Operating3293306,9046,9040$71.90$2.52
Nov 2023Hugoton Operating18109,3529,3520$77.69$2.71
Oct 2023Hugoton Operating1392609,1079,1070$85.64$2.98
Sep 2023Hugoton Operating12209,0229,0220$89.43$2.64
Aug 2023Hugoton Operating11913210,29210,2920$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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T Patch (Reklaw Oso) field

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