NELLER-RHODES TRUST (SA)

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273126District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.7 M
Sep 2013 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
153
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

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 Gas112015-01-23215045
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
CondensateDisposition126,149 bbl$10,047,656
GasProduction1,485,333 Mcf$5,695,185
Total$15,742,842

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 28.8642, -97.7147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86419, -97.71470 · 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
13,224 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 13,224 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-25533173A 2H13,224 ftSep 2013

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 (153)

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

153 months

May 2026281,615106.413.05$7,899
Apr 2026131,69598.932.87$6,150
Mar 2026151,65789.753.15$6,565
Feb 2026241,54763.503.75$7,326
Jan 2026942,06759.138.00$22,090
Dec 2025201,75656.664.41$8,883
Nov 2025291,65058.593.93$8,178
Oct 2025521,78359.383.30$8,980
Sep 2025231,73562.743.08$6,781
Aug 2025401,81963.933.01$8,041
Jul 2025551,89766.743.32$9,960
Jun 2025722,02866.483.13$11,132
May 2025652,02360.553.23$10,475
Apr 20251191,64262.363.54$13,239
Mar 20251611,46767.704.27$17,161
Feb 20252531,08370.884.34$22,634
Jan 20256941,31474.324.28$57,200
Dec 20241281,41468.993.12$13,244
Nov 20246261469.052.20$5,631
Oct 20241031,46671.372.28$10,696
Sep 20241481,42769.612.36$13,676
Aug 20241651,26875.632.06$15,096
Jul 20241081,04779.932.15$10,880
Jun 20240078.082.63$0
May 202426078.812.20$2,049
Apr 20241151,23784.451.66$11,764
Mar 20242091,93980.301.55$19,779
Feb 20241801,99876.091.78$17,260
Jan 20242082,11273.023.30$22,153
Dec 20232202,25071.262.61$21,551
Nov 20231471,38877.892.81$15,347
Oct 20232212,26685.443.09$25,878
Sep 20232032,59189.042.74$25,162
Aug 20233573,35880.522.67$37,721
Jul 20230074.852.64$0
Jun 20233068.962.26$207
May 20235828770.622.23$4,735
Apr 20231872,45178.122.24$20,093
Mar 20232433,36672.852.39$25,758
Feb 20232075.112.47$150
Jan 20234521976.533.39$4,186
Dec 20221802,33576.415.73$27,131
Nov 20221422,36685.005.65$25,429
Oct 20221702,40587.185.86$28,923
Sep 20221452,40684.888.16$31,949
Aug 20221762,59694.529.13$40,330
Jul 20221292,020101.587.54$28,339
Jun 20221352,455115.097.98$35,121
May 20221592,568109.378.43$39,046
Apr 20222222,470104.226.84$40,026
Mar 20222652,473108.885.08$41,407
Feb 20221752,33291.054.86$27,265
Jan 20222092,58381.844.54$28,825
Dec 20212162,59471.323.90$25,519
Nov 20212822,55577.435.24$35,215
Oct 20212002,68779.795.71$31,311
Sep 20212582,66669.865.35$32,289
Aug 20212522,81966.024.22$28,535
Jul 20212582,63770.783.98$28,762
Jun 20213052,78369.493.38$30,603
May 20212832,70563.483.02$26,128
Apr 20212072,90160.362.76$20,497
Mar 20211473,14161.302.72$17,545
Feb 20211922,44257.805.55$24,646
Jan 20212803,07650.412.81$22,759
Dec 20202983,18444.642.68$21,821
Nov 20203133,07638.772.71$20,460
Oct 20203053,19036.972.48$19,182
Sep 20202902,99237.091.99$16,713
Aug 20203043,08539.982.39$19,512
Jul 20202873,20338.371.83$16,858
Jun 20202783,14734.901.69$15,022
May 20203503,39516.921.81$12,083
Apr 20203983,32714.751.80$11,874
Mar 20203693,41730.341.86$17,538
Feb 20203533,00649.881.98$23,562
Jan 20203883,29157.252.09$29,107
Dec 20193292,77559.012.30$25,809
Nov 20193663,45955.302.75$29,754
Oct 20194274,31053.472.42$33,256
Sep 20193974,17655.052.66$32,952
Aug 20194695,05753.112.30$36,562
Jul 20194445,42456.272.46$38,327
Jun 20195055,43352.782.49$40,189
May 20195555,59358.482.74$47,783
Apr 20196575,39462.632.75$55,985
Mar 20191,1456,63556.803.06$85,353
Feb 20197927,31650.852.79$60,701
Jan 20191,18510,70646.033.23$89,106
Dec 201814046.594.19$652
Nov 201822175752.934.24$14,905
Oct 20188879,69461.443.40$87,438
Sep 20181,0078,51959.543.11$86,434
Aug 20184604,46359.403.07$41,010
Jul 20184523,94765.142.93$41,015
Jun 20185594,16160.183.08$46,444
May 20184135,09665.382.90$41,784
Apr 201812613,36863.842.90$46,822
Mar 201801761.222.79$47
Feb 2018010061.782.77$277
Jan 201813662.874.01$207
Dec 2017152257.272.92$923
Nov 20175136455.423.12$3,962
Oct 2017922349.292.98$1,109
Sep 2017168447.523.09$2,159
Aug 201733945.373.00$253
Jul 20170443.873.09$12
Jun 2017572942.493.09$2,463
May 2017133945.373.26$717
Apr 201788747.933.21$663
Mar 2017152,04146.772.98$6,791
Feb 2017161,76350.452.95$6,013
Jan 20172887449.413.42$4,372
Dec 20160048.763.72$0
Nov 201604642.492.64$122
Oct 201606846.193.09$210
Sep 20160041.553.10$0
Aug 20161041.442.92$41
Jul 2016371241.622.92$1,575
Jun 20164602,89845.352.69$28,645
May 201676910,14142.521.99$52,889
Apr 20161123,89036.561.99$11,840
Mar 20166889,02133.011.79$38,895
Feb 201686910,30126.472.06$44,260
Jan 201699911,19027.352.36$53,780
Dec 20151,18714,61232.362.00$67,656
Nov 201587911,19038.792.17$58,349
Oct 201563211,76343.552.43$56,067
Sep 201556919,14842.992.76$77,280
Aug 201576823,61640.162.87$98,680
Jul 201580822,15148.152.95$104,142
Jun 201552924,30556.152.88$99,771
May 201594425,41155.212.96$127,219
Apr 20151,15916,72849.822.71$103,017
Mar 20151,32232,06442.892.93$150,799
Feb 20152,14331,09944.662.98$188,263
Jan 20152,28635,08743.433.10$208,073
Dec 20141,84832,16254.693.59$216,572
Nov 20142,87134,72170.464.25$349,919
Oct 20142,69219,37478.303.90$286,361
Sep 20143,13036,78186.164.05$418,476
Aug 20144,44936,11089.394.04$543,404
Jul 20145,78142,84796.564.18$737,297
Jun 20144,99846,57898.164.74$711,238
May 20147,03759,69894.734.73$948,781
Apr 20145,85742,46795.944.81$766,149
Mar 20145,90540,75595.895.06$772,320
Feb 20148,87668,38997.406.19$1,287,987
Jan 20143,24582,23190.404.86$693,050
Dec 20134,29786,96591.824.35$773,238
Nov 20136,51084,54788.853.74$894,474
Oct 20138,73795,11697.423.78$1,210,636
Sep 20137,36576,742104.113.72$1,052,077

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.

May 2026 — as filed, then multipliedworked
Condensate            28 bbl  × $106.41 =     $2,979
Gas                1,615 Mcf  × $  3.05 =     $4,919

────────────────────────────────────────────────────
Month total                                   $7,899

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/273126 is the state's own key, not one this site invented.