NEEL, GEORGE

Name: NEEL, GEORGE lease production and value, Jan 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OXY USA INC. (P-5 630591) in the BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157600District 04Field 070784752 tax incentive programmesCondensateGasSave Export

Value, all time

$4.9 M

Jan 1996 – Aug 2015

Value, last 12 filed months

$30 k

at the published price for each month

Months reported

236

no gaps in the span

Streams

condensate, gas

The BENAVIDES (LOBO CONS.) 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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered

1998-02-24

as the register files it

Field class

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 2010-11-02.

The Commission's schedule remark for this field reads: “PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.”

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
High Cost Gas	1	1	1996-05-22	134822
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
Condensate	Disposition	29,479 bbl	$642,195
Gas	Production	2,345,624 Mcf	$4,222,332
Total			$4,864,526

1,224,577 Mcf of this lease's gas, across 12 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 (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 27.5820, -99.1424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58198, -99.14237 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,200 ft

1 wells filed one

Completion to plug

19.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 9,200 ft.

Completions filed

Jan 1996

1 of 1 wells

Plug dates filed

Jun 2015

1 of 1 wells

Last completion to plug: a median of 19.4 years across the 1 well that filed both dates, with the middle half between 19.4 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47936399	2	9,200 ft	Jan 1996	Jun 2015	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 (236)

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

236 months


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	194	190	49.82	2.71	$10,179
Mar 2015	194	66	42.89	2.93	$8,514
Feb 2015	0	209	44.66	2.98	$622
Jan 2015	0	386	43.43	3.10	$1,197
Dec 2014	0	339	54.69	3.59	$1,217
Nov 2014	0	421	70.46	4.25	$1,790
Oct 2014	0	817	78.30	3.90	$3,187
Sep 2014	0	742	86.16	4.05	$3,002
Aug 2014	0	72	89.39	4.04	$291
Jul 2014	0	414	96.56	4.18	$1,730
Jun 2014	0	815	98.16	4.74	$3,861
May 2014	0	606	94.73	4.73	$2,864
Apr 2014	0	1,003	95.94	4.81	$4,824
Mar 2014	0	441	95.89	5.06	$2,230
Feb 2014	0	1,439	97.40	6.19	$8,910
Jan 2014	0	384	90.40	4.86	$1,867
Dec 2013	0	327	91.82	4.35	$1,424
Nov 2013	0	470	88.85	3.74	$1,757
Oct 2013	0	842	97.42	3.78	$3,182
Sep 2013	0	839	104.11	3.72	$3,119
Aug 2013	0	1,021	104.25	3.52	$3,597
Jul 2013	0	788	102.52	3.72	$2,930
Jun 2013	0	872	94.40	3.93	$3,430
May 2013	0	735	94.83	4.15	$3,050
Apr 2013	0	611	93.96	4.28	$2,617
Mar 2013	0	749	93.62	3.91	$2,931
Feb 2013	0	751	91.23	3.42	$2,568
Jan 2013	0	1,159	91.60	3.42	$3,964
Dec 2012	0	500	86.77	3.42	$1,710
Nov 2012	0	930	86.95	3.62	$3,371
Oct 2012	0	1,145	89.38	3.40	$3,893
Sep 2012	0	1,187	94.67	2.92	$3,464
Aug 2012	0	567	92.66	2.91	$1,649
Jul 2012	182	1,739	85.13	3.02	$20,747
Jun 2012	0	1,371	79.82	2.52	$3,454
May 2012	0	1,228	91.61	2.49	$3,056
Apr 2012	0	369	101.65	2.00	$737
Mar 2012	0	614	105.05	2.22	$1,364
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	57	95.72	3.31	$189
Oct 2011	0	441	84.98	3.65	$1,609
Sep 2011	0	445	83.62	3.99	$1,774
Aug 2011	0	11	83.40	4.15	$46
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	197	2	105.96	4.33	$20,883
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	1,053	85.64	4.18	$4,402
Jan 2011	0	1,214	86.50	4.59	$5,571
Dec 2010	0	1,239	85.73	4.35	$5,387
Nov 2010	0	1,133	80.84	3.80	$4,300
Oct 2010	0	1,547	78.10	3.51	$5,428
Sep 2010	0	1,086	72.63	3.98	$4,322
Aug 2010	0	1,229	73.68	4.42	$5,431
Jul 2010	0	1,312	72.55	4.74	$6,214
Jun 2010	0	1,395	70.36	4.91	$6,850
May 2010	0	1,484	71.12	4.24	$6,285
Apr 2010	0	1,373	81.69	4.12	$5,660
Mar 2010	0	1,108	78.39	4.39	$4,863
Feb 2010	0	1,189	73.58	5.44	$6,471
Jan 2010	0	1,416	74.36	5.96	$8,445
Dec 2009	0	1,332	71.44	5.48	$7,304
Nov 2009	0	1,999	74.59	3.75	$7,499
Oct 2009	0	2,864	72.54	4.11	$11,772
Sep 2009	347	2,644	65.54	3.06	$30,846
Aug 2009	0	1,872	67.42	3.22	$6,025
Jul 2009	0	1,702	61.13	3.46	$5,897
Jun 2009	0	1,959	66.16	3.90	$7,630
May 2009	0	2,390	54.74	3.93	$9,383
Apr 2009	0	1,373	46.77	3.59	$4,926
Mar 2009	0	1,730	42.14	4.06	$7,022
Feb 2009	0	1,335	32.81	4.63	$6,185
Jan 2009	0	1,442	35.86	5.37	$7,745
Dec 2008	0	1,326	37.10	5.98	$7,926
Nov 2008	0	1,584	55.49	6.86	$10,867
Oct 2008	0	1,857	75.24	6.92	$12,854
Sep 2008	0	2,152	101.76	7.88	$16,952
Aug 2008	0	2,412	114.22	8.48	$20,461
Jul 2008	0	2,407	131.08	11.39	$27,414
Jun 2008	0	2,104	131.33	13.03	$27,421
May 2008	5	1,857	123.17	11.57	$22,109
Apr 2008	0	1,879	110.31	10.45	$19,645
Mar 2008	0	1,407	101.90	9.66	$13,597
Feb 2008	0	2,292	92.53	8.77	$20,102
Jan 2008	0	2,290	90.38	8.21	$18,791
Dec 2007	0	2,406	88.33	7.30	$17,569
Nov 2007	0	2,907	91.67	7.29	$21,197
Oct 2007	0	2,671	82.85	6.92	$18,489
Sep 2007	0	2,835	75.84	6.24	$17,702
Aug 2007	0	2,545	69.06	6.39	$16,257
Jul 2007	0	2,326	70.90	6.39	$14,858
Jun 2007	0	2,568	62.00	7.55	$19,384
May 2007	0	2,471	58.74	7.85	$19,388
Apr 2007	0	2,377	59.61	7.81	$18,553
Mar 2007	0	2,107	56.92	7.30	$15,385
Feb 2007	0	2,161	55.10	8.22	$17,755
Jan 2007	0	2,684	50.30	6.73	$18,055
Dec 2006	0	2,754	56.65	6.92	$19,053
Nov 2006	0	3,163	54.20	7.62	$24,094
Oct 2006	0	1,123	54.90	6.01	$6,754
Sep 2006	0	2,703	60.08	5.04	$13,616
Aug 2006	0	3,308	68.71	7.34	$24,280
Jul 2006	0	2,931	69.37	6.34	$18,591
Jun 2006	184	2,739	66.28	6.38	$29,681
May 2006	0	2,735	66.01	6.42	$17,572
Apr 2006	0	3,134	64.39	7.36	$23,068
Mar 2006	0	1,730	56.70	7.08	$12,253
Feb 2006	0	1,949	57.59	7.75	$15,107
Jan 2006	0	3,092	60.59	8.93	$27,622
Dec 2005	0	3,017	54.94	13.42	$40,474
Nov 2005	0	3,803	54.69	10.59	$40,268
Oct 2005	0	4,106	58.34	13.80	$56,645
Sep 2005	0	3,423	61.45	12.08	$41,346
Aug 2005	0	3,928	61.51	9.80	$38,482
Jul 2005	0	3,916	55.69	7.84	$30,716
Jun 2005	0	3,012	52.33	7.38	$22,232
May 2005	0	3,395	45.22	6.65	$22,581
Apr 2005	178	3,438	49.20	7.36	$34,063
Mar 2005	0	3,245	50.37	7.15	$23,218
Feb 2005	0	3,104	45.22	6.31	$19,592
Jan 2005	0	3,133	43.16	6.32	$19,807
Dec 2004	0	2,601	39.86	6.75	$17,560
Nov 2004	0	2,702	45.28	6.33	$17,105
Oct 2004	0	3,341	49.70	6.52	$21,767
Sep 2004	0	4,309	43.24	5.28	$22,768
Aug 2004	192	4,120	42.37	5.55	$31,004
Jul 2004	0	3,459	38.28	6.08	$21,045
Jun 2004	0	3,350	36.10	6.43	$21,551
May 2004	0	4,895	37.48	6.49	$31,791
Apr 2004	0	3,443	34.47	5.86	$20,171
Mar 2004	190	3,786	34.36	5.53	$27,466
Feb 2004	0	3,304	32.45	5.51	$18,204
Jan 2004	0	3,995	32.03	6.30	$25,167
Dec 2003	0	3,645	30.26	6.30	$22,969
Nov 2003	0	3,742	28.80	4.60	$17,195
Oct 2003	0	4,266	28.17	4.76	$20,305
Sep 2003	0	3,718	26.31	4.75	$17,658
Aug 2003	0	3,795	29.76	5.13	$19,467
Jul 2003	0	4,584	29.41	5.17	$23,703
Jun 2003	0	4,078	28.56	5.98	$24,399
May 2003	0	4,365	26.59	5.97	$26,071
Apr 2003	0	3,784	26.67	5.41	$20,461
Mar 2003	0	3,838	31.14	6.10	$23,397
Feb 2003	0	3,428	33.48	7.93	$27,170
Jan 2003	75	4,967	30.31	5.58	$29,999
Dec 2002	175	4,411	26.91	4.85	$26,119
Nov 2002	0	4,940	24.66	4.14	$20,437
Oct 2002	0	4,659	26.46	4.23	$19,703
Sep 2002	160	4,432	27.44	3.64	$20,502
Aug 2002	0	3,928	25.96	3.16	$12,429
Jul 2002	0	4,352	24.58	3.06	$13,325
Jun 2002	0	4,519	23.73	3.34	$15,086
May 2002	0	5,031	24.66	3.58	$18,031
Apr 2002	0	3,867	23.65	3.51	$13,582
Mar 2002	0	29	22.00	3.10	$90
Feb 2002	0	2,963	18.22	2.38	$7,039
Jan 2002	0	4,502	17.17	2.38	$10,695
Dec 2001	0	4,815	16.93	2.36	$11,385
Nov 2001	186	5,051	18.07	2.41	$15,511
Oct 2001	0	4,923	19.78	2.53	$12,450
Sep 2001	0	6,914	24.26	2.25	$15,566
Aug 2001	0	6,181	24.87	3.05	$18,872
Jul 2001	0	7,134	23.93	3.20	$22,808
Jun 2001	188	5,534	24.56	3.82	$25,780
May 2001	0	6,994	25.52	4.31	$30,125
Apr 2001	0	7,026	24.68	5.34	$37,486
Mar 2001	0	7,188	24.54	5.38	$38,646
Feb 2001	0	6,144	27.75	5.77	$35,433
Jan 2001	185	6,754	27.47	8.40	$61,807
Dec 2000	0	5,458	26.88	9.12	$49,791
Nov 2000	117	6,517	32.21	5.66	$40,642
Oct 2000	0	7,702	31.23	5.15	$39,631
Sep 2000	0	7,400	31.87	5.19	$38,380
Aug 2000	183	7,123	29.64	4.54	$37,768
Jul 2000	0	7,775	28.53	4.09	$31,798
Jun 2000	0	7,109	29.30	4.40	$31,260
May 2000	166	7,621	27.26	3.68	$32,569
Apr 2000	0	8,584	24.51	3.12	$26,748
Mar 2000	0	8,867	28.42	2.86	$25,357
Feb 2000	189	8,302	27.62	2.73	$27,856
Jan 2000	0	7,679	25.27	2.48	$19,048
Dec 1999	0	9,567	24.28	2.42	$23,188
Nov 1999	0	10,976	23.19	2.43	$26,715
Oct 1999	187	10,761	20.98	2.80	$34,094
Sep 1999	0	11,017	21.75	2.62	$28,852
Aug 1999	189	11,291	19.26	2.88	$36,109
Jul 1999	0	11,523	17.89	2.37	$27,337
Jun 1999	0	11,474	15.94	2.36	$27,103
May 1999	191	13,852	15.79	2.32	$35,167
Apr 1999	0	7,217	15.10	2.21	$15,936
Mar 1999	75	9,811	12.47	1.84	$18,971
Feb 1999	188	12,776	9.98	1.82	$25,100
Jan 1999	194	15,918	10.38	1.90	$32,257
Dec 1998	0	9,312	9.20	1.77	$16,513
Nov 1998	190	17,955	10.89	2.19	$41,314
Oct 1998	0	14,757	12.42	1.97	$29,060
Sep 1998	179	16,102	12.59	2.08	$35,788
Aug 1998	21	14,887	11.30	1.91	$28,632
Jul 1998	266	17,106	11.74	2.24	$41,394
Jun 1998	195	15,231	11.24	2.24	$36,268
May 1998	209	14,994	12.62	2.21	$35,719
Apr 1998	192	15,878	13.04	2.51	$42,283
Mar 1998	209	17,875	12.80	2.31	$43,956
Feb 1998	9	16,289	13.95	2.30	$37,576
Jan 1998	194	19,885	14.70	2.15	$45,700
Dec 1997	192	21,296	16.32	2.41	$54,480
Nov 1997	203	39,428	18.19	3.09	$125,456
Oct 1997	400	22,734	19.25	3.15	$79,308
Sep 1997	384	21,971	17.74	2.95	$71,734
Aug 1997	201	29,500	17.86	2.55	$78,955
Jul 1997	201	26,570	17.58	2.25	$63,235
Jun 1997	387	960	17.24	2.26	$8,839
May 1997	401	30,658	18.97	2.31	$78,381
Apr 1997	199	28,218	17.88	2.08	$62,330
Mar 1997	594	992	18.95	1.94	$13,180
Feb 1997	397	33,226	20.49	2.21	$81,428
Jan 1997	380	40,057	23.48	3.54	$150,712
Dec 1996	577	16,595	23.32	—	$13,456
Nov 1996	546	15,035	21.97	—	$11,996
Oct 1996	559	17,061	23.31	—	$13,030
Sep 1996	559	52,352	22.22	—	$12,421
Aug 1996	934	30,075	20.26	—	$18,923
Jul 1996	884	77,059	19.55	—	$17,282
Jun 1996	950	101,606	18.73	—	$17,794
May 1996	1,839	141,662	19.43	—	$35,732
Apr 1996	2,355	190,194	21.51	—	$50,656
Mar 1996	4,528	293,206	19.38	—	$87,753
Feb 1996	4,484	220,784	16.98	—	$76,138
Jan 1996	1,150	68,948	17.07	—	$19,631

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.

Apr 2015 — as filed, then multipliedworked

Condensate           194 bbl  × $ 49.82 =     $9,665
Gas                  190 Mcf  × $  2.71 =       $514

────────────────────────────────────────────────────
Month total                                  $10,179

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. 04/G/157600 is the state's own key, not one this site invented.