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Texas oil lease

Producing

COPE 79-80

Cope 79-80 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.

Oil lease dossier

19,018bbl oil, last 12 months−27% vs prior year
RRC lease
7C-20666

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
410,809 mcf
Oil in Jul 2026
2,752 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for COPE 79-80, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 19,018 bbl in the 12 months through Jul 2026, against 26,029 bbl in the 12 months before.Last 12 months: 19,018 bblbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080k5,000100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for COPE 79-80, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 19,018 bbl in the 12 months through Jul 2026, against 26,029 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080k5,000100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 63.6% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of COPE 79-80 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 63.6% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 63.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of COPE 79-80 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 63.6% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 63.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    87% · 357,865 mcf

  • Flared (4)

    8.6% · 35,457 mcf

  • Lease fuel (1)

    4.3% · 17,487 mcf

8.6% of the gas flared in the last 12 months. 7 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Mar 1, 2020
Targa Midstream Services LLCCasinghead gasBuys100Mar 1, 2020
Targa Midstream Services LLCCasinghead gasGathers100Mar 1, 2020

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

1,394.37 acres on the newest permit

A pooling certificate was filed

Permits for Cope 79-80
API numberWell no.Acreson the permit
42-383-4000032HA1,394.37
42-383-3968422HA1,394.38
42-383-3968526HS1,394.38
42-383-3950502HA1,394.38

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for COPE 79-80
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources2,7522,71948,45245,1251,272$80.46$2.89
Jun 2026Permian Resources95593518,29314,8812,843$84.81$3.15
May 2026Permian Resources861551,9181,585302$102.13$2.94
Apr 2026Permian Resources98796319,7345,63312,553$100.32$2.77
Mar 2026Permian Resources1,8761,71037,92032,2323,129$91.38$3.04
Feb 2026Permian Resources1,9411,99641,07229,1879,331$64.51$3.62
Jan 2026Permian Resources1,9051,94048,72845,785264$60.04$7.72
Dec 2025Permian Resources2,5472,55555,29749,9512,938$57.97$4.26
Nov 2025Permian Resources5726557,6265,6271,802$60.06$3.79
Oct 2025Permian Resources50645811,19910,8170$60.89$3.19
Sep 2025Permian Resources2,5822,54860,83459,89835$63.96$2.97
Aug 2025Permian Resources2,3092,32559,73657,144988$64.86$2.91
Jul 2025Permian Resources2,3162,25058,60757,051389$68.39$3.20
Jun 2025Permian Resources2,2272,27958,74356,64424$68.17$3.02
May 2025Permian Resources2,3182,26954,82853,1917$62.17$3.12
Apr 2025Permian Resources2,1112,05352,19150,191281$63.54$3.42
Mar 2025Permian Resources1,9481,98948,93546,4520$68.24$4.12
Feb 2025Permian Resources2,1822,13342,28242,2757$71.53$4.19
Jan 2025Permian Resources2,0692,26742,10642,04363$75.74$4.13
Dec 2024Permian Resources2,8603,14246,85046,8500$70.12$3.01
Nov 2024Permian Resources4,0313,49242,64142,61130$69.95$2.12
Oct 2024Permian Resources1,6601,54545,65045,403247$71.99$2.20
Sep 2024Permian Resources90398436,11636,07442$70.24$2.28
Aug 2024Permian Resources1,4041,41045,27545,2750$76.68$1.99
Jul 2024Permian Resources1,4711,55348,53248,5248$81.80$2.07
Jun 2024Permian Resources2,2602,28452,28752,25730$79.77$2.54
May 2024Permian Resources2,6912,71256,96756,95116$80.02$2.12
Apr 2024Permian Resources2,5372,44157,81657,80610$85.35$1.60
Mar 2024Permian Resources2,2762,29845,35545,30946$81.28$1.49
Feb 2024Permian Resources2,0702,07344,87344,8730$77.25$1.72
Jan 2024Permian Resources2,0972,11347,16947,10861$74.15$3.18
Dec 2023Permian Resources2,2412,17548,00548,0050$71.90$2.52
Nov 2023Permian Resources2,1512,19338,83738,79146$77.69$2.71
Oct 2023Earthstone Operating,1,8801,83749,30649,07397$85.64$2.98
Sep 2023Earthstone Operating,1,8251,77049,56549,36132$89.43$2.64
Aug 2023Earthstone Operating,1,9311,90456,61356,4031$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Permian Resources Operating, LLC in Reagan County

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Spraberry (Trend Area) R 40 Exc field

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