NEEL, BESS

Operated by MERIT ENERGY COMPANY (P-5 561136) in the LOS MOGOTES (LOBO 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188053District 04Field 549767722 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.9 M
Mar 2002 – May 2026
Value, last 12 filed months
$596
at the published price for each month
Months reported
291
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1998-05-30
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/1999.

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 Gas112002-07-02147755
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
CondensateDisposition302 bbl$11,832
GasProduction2,700,537 Mcf$14,916,680
Total$14,928,511

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 27.0763, -99.2462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.07625, -99.24621 · 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
12,900 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 12,900 ft.

Completions filed
May 2002
1 of 1 wells

1 well

42-50534466512,900 ftMay 2002

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 (291)

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

291 months

May 2026069106.413.05$210
Apr 202602998.932.87$83
Mar 202609689.753.15$302
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 2025025860.553.23$834
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 202406384.451.66$105
Mar 202405680.301.55$87
Feb 202407276.091.78$128
Jan 202409073.023.30$297
Dec 202309871.262.61$256
Nov 202304777.892.81$132
Oct 202304185.443.09$127
Sep 202302489.042.74$66
Aug 202305680.522.67$150
Jul 202307274.852.64$190
Jun 202305968.962.26$133
May 202302070.622.23$45
Apr 202306978.122.24$154
Mar 202306872.852.39$163
Feb 202307075.112.47$173
Jan 202307976.533.39$268
Dec 202205876.415.73$332
Nov 202206585.005.65$367
Oct 202206587.185.86$381
Sep 202206984.888.16$563
Aug 202203594.529.13$319
Jul 2022073101.587.54$551
Jun 2022047115.097.98$375
May 2022079109.378.43$666
Apr 2022039104.226.84$267
Mar 2022060108.885.08$305
Feb 202203191.054.86$151
Jan 202201881.844.54$82
Dec 20210971.323.90$35
Nov 20210877.435.24$42
Oct 20210879.795.71$46
Sep 202102069.865.35$107
Aug 202105866.024.22$245
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202101263.483.02$36
Apr 202108860.362.76$243
Mar 20210061.302.72$0
Feb 202104457.805.55$244
Jan 20210050.412.81$0
Dec 202001744.642.68$45
Nov 202004638.772.71$125
Oct 20200036.972.48$0
Sep 202008937.091.99$177
Aug 20200039.982.39$0
Jul 202007638.371.83$139
Jun 202003134.901.69$52
May 20200016.921.81$0
Apr 202001814.751.80$32
Mar 202002630.341.86$48
Feb 202005349.881.98$105
Jan 202001257.252.09$25
Dec 20190059.012.30$0
Nov 201904955.302.75$135
Oct 201902253.472.42$53
Sep 201903955.052.66$104
Aug 20190053.112.30$0
Jul 201907756.272.46$189
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201906246.033.23$200
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201807960.183.08$243
May 201804265.382.90$122
Apr 2018122063.842.90$702
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 201712045.373.26$544
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20161126.472.06$29
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150240.162.87$6
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20141078.303.90$78
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014096097.406.19$5,944
Jan 201401,22090.404.86$5,930
Dec 20130091.824.35$0
Nov 20131088.853.74$89
Oct 20130097.423.78$0
Sep 20130666104.113.72$2,476
Aug 201301,589104.253.52$5,597
Jul 201304,197102.523.72$15,603
Jun 201314,12994.403.93$16,335
May 201304,32694.834.15$17,949
Apr 201304,35593.964.28$18,651
Mar 201304,43793.623.91$17,361
Feb 201304,44691.233.42$15,205
Jan 201304,45691.603.42$15,239
Dec 201205,03186.773.42$17,207
Nov 201205,03986.953.62$18,266
Oct 201204,95589.383.40$16,845
Sep 201204,67194.672.92$13,632
Aug 201204,72192.662.91$13,729
Jul 201216,55085.133.02$19,871
Jun 201206,04879.822.52$15,235
May 201206,52191.612.49$16,226
Apr 201206,223101.652.00$12,426
Mar 2012116,571105.052.22$15,757
Feb 201206,088101.102.57$15,648
Jan 201206,13598.092.73$16,774
Dec 201105,68096.873.24$18,402
Nov 201106,98895.723.31$23,139
Oct 201107,29784.983.65$26,623
Sep 201107,17083.623.99$28,578
Aug 201107,03083.404.15$29,170
Jul 201107,38794.144.52$33,369
Jun 201106,97992.904.64$32,382
May 201107,93698.134.40$34,957
Apr 201107,885105.964.33$34,168
Mar 201107,30996.364.06$29,655
Feb 201106,25185.644.18$26,129
Jan 201108,49686.504.59$38,986
Dec 201009,58385.734.35$41,664
Nov 201009,28480.843.80$35,236
Oct 201029,53078.103.51$33,596
Sep 201009,40072.633.98$37,407
Aug 201029,65773.684.42$42,825
Jul 2010010,24072.554.74$48,502
Jun 201009,99370.364.91$49,070
May 201009,15771.124.24$38,782
Apr 2010110,50481.694.12$43,386
Mar 2010010,48178.394.39$45,998
Feb 201009,81973.585.44$53,439
Jan 2010210,23674.365.96$61,197
Dec 2009010,69071.445.48$58,621
Nov 2009210,47774.593.75$39,454
Oct 2009010,69772.544.11$43,967
Sep 2009011,22165.543.06$34,390
Aug 2009011,27267.423.22$36,279
Jul 2009210,89761.133.46$37,875
Jun 2009012,52366.163.90$48,777
May 2009013,11754.743.93$51,494
Apr 2009110,10046.773.59$36,281
Mar 2009011,31742.144.06$45,936
Feb 200919,59332.814.63$44,477
Jan 2009010,35735.865.37$55,627
Dec 2008311,53937.105.98$69,082
Nov 2008011,58055.496.86$79,443
Oct 2008012,23175.246.92$84,663
Sep 2008114,821101.767.88$116,848
Aug 2008112,953114.228.48$109,995
Jul 200819,893131.0811.39$112,807
Jun 200809,925131.3313.03$129,349
May 200809,190123.1711.57$106,368
Apr 2008011,020110.3110.45$115,213
Mar 2008110,517101.909.66$101,739
Feb 2008110,80192.538.77$94,824
Jan 2008012,04490.388.21$98,830
Dec 2007112,16288.337.30$88,895
Nov 2007112,57491.677.29$91,778
Oct 2007014,05382.856.92$97,275
Sep 2007013,03175.846.24$81,368
Aug 2007112,18969.066.39$77,932
Jul 2007014,06570.906.39$89,846
Jun 2007113,72862.007.55$103,687
May 2007013,32958.747.85$104,583
Apr 2007113,50359.617.81$105,453
Mar 2007014,44156.927.30$105,448
Feb 2007114,15855.108.22$116,377
Jan 2007115,27550.306.73$102,803
Dec 2006115,22956.656.92$105,418
Nov 2006014,82554.207.62$112,929
Oct 2006016,51354.906.01$99,306
Sep 2006215,54660.085.04$78,428
Aug 2006015,69168.717.34$115,171
Jul 2006015,70869.376.34$99,632
Jun 2006016,48766.286.38$105,251
May 2006234,26466.016.42$220,278
Apr 2006018,79664.397.36$138,348
Mar 2006217,64456.707.08$125,084
Feb 2006015,36457.597.75$119,088
Jan 2006218,30360.598.93$163,628
Dec 2005018,51854.9413.42$248,426
Nov 2005219,49154.6910.59$206,488
Oct 2005019,25458.3413.80$265,624
Sep 2005120,31461.4512.08$245,434
Aug 2005019,36361.519.80$189,696
Jul 2005020,45755.697.84$160,457
Jun 2005120,01352.337.38$147,769
May 2005019,73445.226.65$131,254
Apr 2005221,32249.207.36$157,039
Mar 20051422,20450.377.15$159,572
Feb 2005519,62445.226.31$124,091
Jan 2005422,46143.166.32$142,176
Dec 2004323,64739.866.75$159,762
Nov 2004220,47045.286.33$129,674
Oct 2004024,87349.706.52$162,050
Sep 2004024,60843.245.28$130,026
Aug 2004225,62242.375.55$142,304
Jul 2004026,71638.286.08$162,545
Jun 2004223,49536.106.43$151,216
May 2004026,51737.486.49$172,217
Apr 2004527,91834.475.86$163,729
Mar 2004029,91334.365.53$165,423
Feb 2004329,29432.455.51$161,496
Jan 2004833,62332.036.30$212,069
Dec 2003035,72330.266.30$225,113
Nov 2003140,30028.804.60$185,214
Oct 2003331,00828.174.76$147,671
Sep 2003030,59426.314.75$145,302
Aug 2003235,61829.765.13$182,770
Jul 2003335,49429.415.17$183,622
Jun 2003034,58928.565.98$206,945
May 2003038,07826.595.97$227,428
Apr 2003041,49026.675.41$224,348
Mar 2003442,15431.146.10$257,097
Feb 2003040,88533.487.93$324,050
Jan 2003649,60730.315.58$277,090
Dec 2002752,26726.914.85$253,880
Nov 2002055,32024.664.14$228,857
Oct 2002063,84426.464.23$270,004
Sep 2002968,14827.443.64$247,979
Aug 200214772,17525.963.16$232,189
Jul 2002087,62124.583.06$268,274
Jun 2002082,52423.733.34$275,485
May 2002067,17024.663.58$240,737
Apr 20020117,88223.653.51$414,039
Mar 2002062,03322.003.10$192,471

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             0 bbl  × $106.41 =         $0
Gas                   69 Mcf  × $  3.05 =       $210

────────────────────────────────────────────────────
Month total                                     $210

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/188053 is the state's own key, not one this site invented.