RUSSELL NEEL UNIT

Name: RUSSELL NEEL UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) in the GINI (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18874District 03Field 34986700NGPA filingOilCasinghead gasSave Export

Value, all time

$8.5 M

Jan 1993 – Mar 2016

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

279

no gaps in the span

Streams

oil, casinghead gas

The GINI (WILCOX) field

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 29 leases and 43 wells, and the rule below applies to all of them.

Discovered

1985-06-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-08-21.

The Commission's schedule remark for this field reads: “RESCINDED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	239,784 bbl	$5,407,589
Casinghead gas	Production	845,335 Mcf	$3,119,649
Total			$8,527,238

80,370 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 30.0714, -96.8335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

30.07137, -96.83351 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,052 ft

2 wells filed one

Completion to plug

3.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 5,756 and 10,347 ft, median 8,052 ft, over the 2 wells that filed a depth.

Completions filed

Aug 2006 – Aug 2013

2 of 2 wells

Plug dates filed

Nov 2011 – Jan 2016

2 of 2 wells

Last completion to plug: a median of 3.8 years across the 2 wells that filed both dates, with the middle half between 3.2 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-14932915	1R	10,347 ft	Aug 2013	Jan 2016	Yes
42-14932091	1	5,756 ft	Aug 2006	Nov 2011	Yes

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 (279)

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

279 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	54	0	27.35	2.36	$1,477
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	55	0	94.40	3.93	$5,192
May 2013	1	0	94.83	4.15	$95
Apr 2013	178	24,064	93.96	4.28	$119,781
Mar 2013	1	24,108	93.62	3.91	$94,425
Feb 2013	0	18,817	91.23	3.42	$64,352
Jan 2013	176	13,653	91.60	3.42	$62,814
Dec 2012	174	28,174	86.77	3.42	$111,458
Nov 2012	355	33,923	86.95	3.62	$153,837
Oct 2012	179	34,254	89.38	3.40	$132,452
Sep 2012	181	19,500	94.67	2.92	$74,044
Aug 2012	175	8,095	92.66	2.91	$39,757
Jul 2012	0	9,672	85.13	3.02	$29,217
Jun 2012	177	11,727	79.82	2.52	$43,669
May 2012	0	6,707	91.61	2.49	$16,689
Apr 2012	176	10,017	101.65	2.00	$37,892
Mar 2012	148	11,039	105.05	2.22	$40,077
Feb 2012	181	9,540	101.10	2.57	$42,819
Jan 2012	0	10,463	98.09	2.73	$28,607
Dec 2011	169	10,981	96.87	3.24	$51,947
Nov 2011	176	11,362	95.72	3.31	$54,469
Oct 2011	180	9,121	84.98	3.65	$48,575
Sep 2011	176	11,105	83.62	3.99	$58,979
Aug 2011	0	11,560	83.40	4.15	$47,966
Jul 2011	178	11,459	94.14	4.52	$68,520
Jun 2011	176	8,754	92.90	4.64	$56,968
May 2011	178	12,608	98.13	4.40	$73,003
Apr 2011	175	12,951	105.96	4.33	$74,663
Mar 2011	348	9,263	96.36	4.06	$71,116
Feb 2011	175	10,491	85.64	4.18	$58,839
Jan 2011	181	11,985	86.50	4.59	$70,653
Dec 2010	356	10,972	85.73	4.35	$78,223
Nov 2010	182	10,013	80.84	3.80	$52,716
Oct 2010	366	11,478	78.10	3.51	$68,860
Sep 2010	360	11,839	72.63	3.98	$73,260
Aug 2010	363	11,376	73.68	4.42	$77,020
Jul 2010	704	11,210	72.55	4.74	$104,171
Jun 2010	171	2,569	70.36	4.91	$24,646
May 2010	0	1	71.12	4.24	$4
Apr 2010	171	5,282	81.69	4.12	$35,745
Mar 2010	345	9,876	78.39	4.39	$70,387
Feb 2010	362	9,740	73.58	5.44	$79,645
Jan 2010	333	10,986	74.36	5.96	$90,283
Dec 2009	173	5,065	71.44	5.48	$40,134
Nov 2009	0	1,967	74.59	3.75	$7,379
Oct 2009	172	2,163	72.54	4.11	$21,367
Sep 2009	173	1,953	65.54	3.06	$17,324
Aug 2009	172	1,977	67.42	3.22	$17,959
Jul 2009	176	2,220	61.13	3.46	$18,450
Jun 2009	172	2,178	66.16	3.90	$19,863
May 2009	110	2,218	54.74	3.93	$14,729
Apr 2009	177	1,784	46.77	3.59	$14,678
Mar 2009	0	813	42.14	4.06	$3,300
Feb 2009	176	1,981	32.81	4.63	$14,953
Jan 2009	162	2,177	35.86	5.37	$17,502
Dec 2008	180	1,958	37.10	5.98	$18,381
Nov 2008	176	1,711	55.49	6.86	$21,504
Oct 2008	0	1,154	75.24	6.92	$7,988
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	180	2,250	114.22	8.48	$39,646
Jul 2008	173	2,196	131.08	11.39	$47,688
Jun 2008	180	2,100	131.33	13.03	$51,008
May 2008	181	2,701	123.17	11.57	$53,556
Apr 2008	184	1,954	110.31	10.45	$40,726
Mar 2008	184	2,056	101.90	9.66	$38,619
Feb 2008	350	1,728	92.53	8.77	$47,541
Jan 2008	0	1,853	90.38	8.21	$15,205
Dec 2007	174	1,774	88.33	7.30	$28,323
Nov 2007	176	2,009	91.67	7.29	$30,783
Oct 2007	175	2,346	82.85	6.92	$30,738
Sep 2007	359	2,017	75.84	6.24	$39,821
Aug 2007	179	1,789	69.06	6.39	$23,790
Jul 2007	170	1,400	70.90	6.39	$20,996
Jun 2007	0	137	62.00	7.55	$1,034
May 2007	358	1,759	58.74	7.85	$34,831
Apr 2007	179	1,810	59.61	7.81	$24,798
Mar 2007	0	1,145	56.92	7.30	$8,361
Feb 2007	170	728	55.10	8.22	$15,348
Jan 2007	175	1,925	50.30	6.73	$21,752
Dec 2006	332	2,131	56.65	6.92	$33,551
Nov 2006	171	1,910	54.20	7.62	$23,818
Oct 2006	346	1,701	54.90	6.01	$29,225
Sep 2006	177	1,825	60.08	5.04	$19,827
Aug 2006	527	3,545	68.71	7.34	$62,230
Jul 2006	1	0	69.37	6.34	$69
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	15	58.34	13.80	$207
Sep 2005	347	67	61.45	12.08	$22,132
Aug 2005	178	78	61.51	9.80	$11,713
Jul 2005	175	93	55.69	7.84	$10,475
Jun 2005	176	90	52.33	7.38	$9,874
May 2005	175	78	45.22	6.65	$8,432
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	173	1,239	43.16	6.32	$15,300
Dec 2004	515	2,528	39.86	6.75	$37,595
Nov 2004	298	1,805	45.28	6.33	$24,920
Oct 2004	518	1,870	49.70	6.52	$37,928
Sep 2004	317	1,794	43.24	5.28	$23,186
Aug 2004	520	1,899	42.37	5.55	$32,573
Jul 2004	343	1,747	38.28	6.08	$23,759
Jun 2004	345	1,865	36.10	6.43	$24,452
May 2004	486	1,703	37.48	6.49	$29,276
Apr 2004	170	113	34.47	5.86	$6,522
Mar 2004	394	1,844	34.36	5.53	$23,735
Feb 2004	337	604	32.45	5.51	$14,263
Jan 2004	164	27	32.03	6.30	$5,423
Dec 2003	0	74	30.26	6.30	$466
Nov 2003	341	391	28.80	4.60	$11,618
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	170	657	26.31	4.75	$7,593
Aug 2003	554	1,928	29.76	5.13	$26,377
Jul 2003	556	1,611	29.41	5.17	$24,682
Jun 2003	188	1,388	28.56	5.98	$13,674
May 2003	556	3,508	26.59	5.97	$35,736
Apr 2003	733	3,031	26.67	5.41	$35,939
Mar 2003	738	2,343	31.14	6.10	$37,264
Feb 2003	350	1,579	33.48	7.93	$24,233
Jan 2003	731	4,611	30.31	5.58	$47,895
Dec 2002	743	4,898	26.91	4.85	$43,768
Nov 2002	561	2,532	24.66	4.14	$24,309
Oct 2002	742	8,003	26.46	4.23	$53,479
Sep 2002	549	2,182	27.44	3.64	$22,997
Aug 2002	528	1,602	25.96	3.16	$18,776
Jul 2002	559	1,062	24.58	3.06	$16,992
Jun 2002	557	2,099	23.73	3.34	$20,225
May 2002	745	1,913	24.66	3.58	$25,228
Apr 2002	558	1,800	23.65	3.51	$19,519
Mar 2002	725	2,037	22.00	3.10	$22,270
Feb 2002	372	758	18.22	2.38	$8,579
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	373	1,387	18.07	2.41	$10,077
Oct 2001	945	2,279	19.78	2.53	$24,455
Sep 2001	744	2,591	24.26	2.25	$23,883
Aug 2001	739	2,519	24.87	3.05	$26,070
Jul 2001	759	1,841	23.93	3.20	$24,049
Jun 2001	746	1,791	24.56	3.82	$25,171
May 2001	817	1,768	25.52	4.31	$28,465
Apr 2001	555	1,382	24.68	5.34	$21,071
Mar 2001	745	2,044	24.54	5.38	$29,272
Feb 2001	756	1,426	27.75	5.77	$29,203
Jan 2001	949	1,791	27.47	8.40	$41,111
Dec 2000	766	1,636	26.88	9.12	$35,514
Nov 2000	961	1,759	32.21	5.66	$40,906
Oct 2000	760	1,879	31.23	5.15	$33,403
Sep 2000	926	1,899	31.87	5.19	$39,361
Aug 2000	755	1,811	29.64	4.54	$30,602
Jul 2000	1,118	1,892	28.53	4.09	$39,634
Jun 2000	752	1,827	29.30	4.40	$30,067
May 2000	937	1,799	27.26	3.68	$32,162
Apr 2000	1,180	1,859	24.51	3.12	$34,714
Mar 2000	1,109	1,782	28.42	2.86	$36,614
Feb 2000	757	2,127	27.62	2.73	$26,708
Jan 2000	1,291	2,062	25.27	2.48	$37,738
Dec 1999	925	1,190	24.28	2.42	$25,343
Nov 1999	182	426	23.19	2.43	$5,257
Oct 1999	1,302	2,318	20.98	2.80	$33,815
Sep 1999	1,260	1,814	21.75	2.62	$32,156
Aug 1999	1,107	1,338	19.26	2.88	$25,168
Jul 1999	1,094	1,758	17.89	2.37	$23,742
Jun 1999	1,094	2,042	15.94	2.36	$22,262
May 1999	1,092	1,918	15.79	2.32	$21,694
Apr 1999	1,089	1,908	15.10	2.21	$20,657
Mar 1999	1,284	2,080	12.47	1.84	$19,835
Feb 1999	898	1,005	9.98	1.82	$10,789
Jan 1999	1,071	1,351	10.38	1.90	$13,684
Dec 1998	1,065	1,510	9.20	1.77	$12,476
Nov 1998	1,112	1,364	10.89	2.19	$15,091
Oct 1998	1,272	1,522	12.42	1.97	$18,795
Sep 1998	1,090	1,645	12.59	2.08	$17,149
Aug 1998	1,479	1,661	11.30	1.91	$19,881
Jul 1998	1,100	1,923	11.74	2.24	$17,216
Jun 1998	936	2,738	11.24	2.24	$16,646
May 1998	1,269	2,468	12.62	2.21	$21,460
Apr 1998	1,195	1,930	13.04	2.51	$20,418
Mar 1998	1,306	1,989	12.80	2.31	$21,310
Feb 1998	1,094	1,733	13.95	2.30	$19,246
Jan 1998	1,197	1,883	14.70	2.15	$21,653
Dec 1997	1,558	1,879	16.32	2.41	$29,957
Nov 1997	1,748	2,025	18.19	3.09	$38,050
Oct 1997	1,930	2,026	19.25	3.15	$43,534
Sep 1997	1,587	1,839	17.74	2.95	$33,587
Aug 1997	1,914	1,961	17.86	2.55	$39,194
Jul 1997	2,486	1,985	17.58	2.25	$48,164
Jun 1997	1,728	1,447	17.24	2.26	$33,057
May 1997	2,433	2,028	18.97	2.31	$50,836
Apr 1997	2,926	1,975	17.88	2.08	$56,430
Mar 1997	2,963	1,981	18.95	1.94	$59,990
Feb 1997	2,722	1,604	20.49	2.21	$59,312
Jan 1997	2,195	1,241	23.48	3.54	$55,931
Dec 1996	1,837	976	23.32	—	$42,839
Nov 1996	2,147	1,203	21.97	—	$47,170
Oct 1996	2,124	1,243	23.31	—	$49,510
Sep 1996	2,248	1,321	22.22	—	$49,951
Aug 1996	2,164	1,267	20.26	—	$43,843
Jul 1996	2,649	1,426	19.55	—	$51,788
Jun 1996	2,615	1,519	18.73	—	$48,979
May 1996	2,915	1,828	19.43	—	$56,638
Apr 1996	2,737	1,706	21.51	—	$58,873
Mar 1996	3,110	1,808	19.38	—	$60,272
Feb 1996	2,995	1,682	16.98	—	$50,855
Jan 1996	2,867	1,587	17.07	—	$48,940
Dec 1995	2,082	1,273	17.19	—	$35,790
Nov 1995	2,431	1,644	16.00	—	$38,896
Oct 1995	2,955	1,808	15.43	—	$45,596
Sep 1995	2,679	1,815	16.18	—	$43,346
Aug 1995	2,918	2,010	15.92	—	$46,455
Jul 1995	2,896	1,848	15.24	—	$44,135
Jun 1995	2,869	1,889	16.41	—	$47,080
May 1995	2,719	1,800	17.56	—	$47,746
Apr 1995	2,930	1,783	17.73	—	$51,949
Mar 1995	2,919	1,916	16.44	—	$47,988
Feb 1995	2,696	1,613	16.58	—	$44,700
Jan 1995	2,916	1,784	15.92	—	$46,423
Dec 1994	2,902	1,674	15.03	—	$43,617
Nov 1994	2,950	1,641	15.90	—	$46,905
Oct 1994	2,009	1,314	15.58	—	$31,300
Sep 1994	2,705	1,926	15.29	—	$41,359
Aug 1994	2,909	1,924	16.13	—	$46,922
Jul 1994	3,269	1,942	17.56	—	$57,404
Jun 1994	3,113	1,909	17.09	—	$53,201
May 1994	3,069	1,878	15.88	—	$48,736
Apr 1994	2,947	1,582	14.14	—	$41,671
Mar 1994	3,245	1,721	12.46	—	$40,433
Feb 1994	2,755	1,504	12.50	—	$34,438
Jan 1994	3,108	1,658	12.66	—	$39,347
Dec 1993	3,314	1,796	12.33	—	$40,862
Nov 1993	2,911	1,617	14.49	—	$42,180
Oct 1993	3,250	1,903	15.85	—	$51,513
Sep 1993	3,182	1,800	15.03	—	$47,825
Aug 1993	3,079	1,712	15.66	—	$48,217
Jul 1993	2,861	1,852	15.46	—	$44,231
Jun 1993	3,051	1,816	16.79	—	$51,226
May 1993	3,078	1,767	17.68	—	$54,419
Apr 1993	3,090	1,773	18.05	—	$55,775
Mar 1993	3,169	1,757	18.14	—	$57,486
Feb 1993	2,843	1,505	17.90	—	$50,890
Jan 1993	3,071	1,650	16.93	—	$51,992

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.

Jan 2016 — as filed, then multipliedworked

Oil                   54 bbl  × $ 27.35 =     $1,477
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $1,477

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. 03/O/18874 is the state's own key, not one this site invented.