NELLER GAS UNIT 1

Operated by FALCON PRODUCTION LLC (P-5 260268) in the SPEARY (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 250464District 02Field 85043100Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Jan 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1975-10-18
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2007-08-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2008.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-09-29194612
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition5,339 bbl$369,414
GasProduction2,151,827 Mcf$7,903,939
Total$8,273,353

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.8683, -97.7229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86833, -97.72293 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,547 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 13,547 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-25531592113,547 ftFeb 2009

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (209)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

209 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019143059.012.30$8,438
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201903350.852.79$92
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180159.543.11$3
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017012746.772.98$379
Feb 2017010350.452.95$304
Jan 20170649.413.42$21
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201602,88646.193.09$8,918
Sep 2016012,86641.553.10$39,893
Aug 201608,53241.442.92$24,950
Jul 201615015,72841.622.92$52,237
Jun 201606,90745.352.69$18,551
May 20162569,85142.521.99$30,499
Apr 201603,28636.561.99$6,543
Mar 201608,72233.011.79$15,647
Feb 201609,30626.472.06$19,204
Jan 2016011,91427.352.36$28,169
Dec 2015074,59432.362.00$149,293
Nov 2015064,66438.792.17$140,148
Oct 2015054,51543.552.43$132,285
Sep 2015044,63542.992.76$123,122
Aug 201517935,26540.162.87$108,487
Jul 20151931,27448.152.95$93,019
Jun 20157922,45056.152.88$69,156
May 2015022,25455.212.96$65,771
Apr 2015032,71149.822.71$88,535
Mar 201518427,71142.892.93$89,216
Feb 2015021,62144.662.98$64,348
Jan 2015019,32043.433.10$59,904
Dec 201420327,93554.693.59$111,427
Nov 2014016,27170.464.25$69,182
Oct 201404,99478.303.90$19,481
Sep 201409,27386.164.05$37,513
Aug 201407,15189.394.04$28,855
Jul 201404,88096.564.18$20,396
Jun 201403,00698.164.74$14,239
May 201407,92294.734.73$37,444
Apr 201417120,96395.944.81$117,219
Mar 2014017,44295.895.06$88,201
Feb 201408,69897.406.19$53,858
Jan 2014011,27690.404.86$54,809
Dec 201307,82991.824.35$34,091
Nov 2013014,83488.853.74$55,454
Oct 2013013,77597.423.78$52,061
Sep 201306,592104.113.72$24,507
Aug 201307,612104.253.52$26,814
Jul 20135012,795102.523.72$52,694
Jun 2013235,41794.403.93$23,478
May 20134112,36594.834.15$55,191
Apr 2013688,22593.964.28$41,614
Mar 2013014,53593.623.91$56,874
Feb 2013015,97391.233.42$54,626
Jan 201318419,69191.603.42$84,196
Dec 201218122,29986.773.42$91,972
Nov 2012014,79686.953.62$53,635
Oct 2012012,97889.383.40$44,121
Sep 2012014,41694.672.92$42,072
Aug 2012016,21592.662.91$47,156
Jul 20120085.133.02$0
Jun 2012012,02379.822.52$30,286
May 201216521,93191.612.49$69,687
Apr 2012022,286101.652.00$44,501
Mar 2012012,003105.052.22$26,672
Feb 201218915,964101.102.57$60,139
Jan 2012018,22698.092.73$49,831
Dec 201105,83596.873.24$18,904
Nov 2011012,22595.723.31$40,480
Oct 2011019,23384.983.65$70,172
Sep 201119918,04083.623.99$88,544
Aug 2011016,64383.404.15$69,057
Jul 2011020,06094.144.52$90,616
Jun 2011011,09592.904.64$51,479
May 201110721,84298.134.40$106,710
Apr 201119223,967105.964.33$124,200
Mar 201133316,05196.364.06$97,212
Feb 2011012,47885.644.18$52,158
Jan 2011020,75486.504.59$95,236
Dec 2010123,29185.734.35$101,349
Nov 2010023,00580.843.80$87,312
Oct 2010423,42178.103.51$82,494
Sep 201017423,58072.633.98$106,474
Aug 2010026,73373.684.42$118,143
Jul 2010028,68072.554.74$135,843
Jun 201016530,78170.364.91$162,756
May 2010037,04471.124.24$156,889
Apr 2010744,88181.694.12$185,602
Mar 20101796,96578.394.39$44,599
Feb 201018,72173.585.44$47,536
Jan 201009,03374.365.96$53,874
Dec 200917523,12071.445.48$139,286
Nov 2009028,83274.593.75$108,163
Oct 200917936,00572.544.11$160,974
Sep 2009033,45765.543.06$102,537
Aug 200918840,75467.423.22$143,842
Jul 2009045,33061.133.46$157,046
Jun 200919349,43466.163.90$205,314
May 200919257,10554.743.93$234,690
Apr 200918361,90846.773.59$230,654
Mar 200938178,23442.144.06$333,607
Feb 200919999,20032.814.63$466,123
Jan 20092110,21735.865.37$592,047

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2019 — as filed, then multipliedworked
Condensate           143 bbl  × $ 59.01 =     $8,438
Gas                    0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $8,438

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/250464 is the state's own key, not one this site invented.