NEEL

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 249070District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$392 k
May 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112009-08-14193375
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
CondensateDisposition214 bbl$14,690
GasProduction104,044 Mcf$377,398
Total$392,088

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 27.9745, -99.4461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.97449, -99.44609 · 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
8,022 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 8,022 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-4794049518,022 ftMay 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 (205)

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

205 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 202008730.341.86$161
Feb 2020023549.881.98$465
Jan 2020027057.252.09$566
Dec 2019047059.012.30$1,083
Nov 2019023855.302.75$655
Oct 2019031453.472.42$759
Sep 2019032255.052.66$856
Aug 2019029553.112.30$680
Jul 2019032556.272.46$800
Jun 2019023452.782.49$583
May 2019050258.482.74$1,376
Apr 2019050762.632.75$1,395
Mar 2019041256.803.06$1,262
Feb 2019028350.852.79$790
Jan 2019030146.033.23$972
Dec 2018034746.594.19$1,452
Nov 2018043852.934.24$1,856
Oct 2018038461.443.40$1,305
Sep 2018035859.543.11$1,113
Aug 2018031459.403.07$963
Jul 2018032865.142.93$962
Jun 2018030160.183.08$926
May 2018045565.382.90$1,320
Apr 2018041563.842.90$1,204
Mar 2018044361.222.79$1,235
Feb 2018137161.782.77$1,088
Jan 2018058162.874.01$2,329
Dec 2017055357.272.92$1,616
Nov 2017149755.423.12$1,605
Oct 2017050249.292.98$1,498
Sep 2017054447.523.09$1,679
Aug 2017044845.373.00$1,346
Jul 2017053043.873.09$1,636
Jun 2017048942.493.09$1,510
May 2017155145.373.26$1,844
Apr 2017033947.933.21$1,089
Mar 2017025646.772.98$764
Feb 2017039850.452.95$1,175
Jan 2017049149.413.42$1,679
Dec 2016068648.763.72$2,554
Nov 2016043742.492.64$1,156
Oct 2016091546.193.09$2,828
Sep 2016063041.553.10$1,953
Aug 2016077641.442.92$2,269
Jul 201601,05341.622.92$3,079
Jun 2016091845.352.69$2,466
May 2016093642.521.99$1,864
Apr 2016079136.561.99$1,575
Mar 2016092333.011.79$1,656
Feb 2016090626.472.06$1,870
Jan 2016084827.352.36$2,005
Dec 2015049432.362.00$989
Nov 2015051238.792.17$1,110
Oct 2015054443.552.43$1,320
Sep 2015056242.992.76$1,550
Aug 2015065140.162.87$1,870
Jul 2015039348.152.95$1,157
Jun 2015046656.152.88$1,343
May 2015055955.212.96$1,652
Apr 2015054049.822.71$1,462
Mar 2015051142.892.93$1,500
Feb 2015055344.662.98$1,646
Jan 2015071243.433.10$2,208
Dec 2014053354.693.59$1,914
Nov 2014065370.464.25$2,776
Oct 2014081278.303.90$3,168
Sep 2014076086.164.05$3,075
Aug 2014137589.394.04$1,603
Jul 2014054396.564.18$2,270
Jun 2014055398.164.74$2,619
May 2014054494.734.73$2,571
Apr 2014058295.944.81$2,799
Mar 2014067295.895.06$3,398
Feb 2014079697.406.19$4,929
Jan 2014057690.404.86$2,800
Dec 201301,33891.824.35$5,826
Nov 2013174288.853.74$2,863
Oct 2013048197.423.78$1,818
Sep 20130526104.113.72$1,956
Aug 20130559104.253.52$1,969
Jul 20130651102.523.72$2,420
Jun 2013068694.403.93$2,698
May 2013075894.834.15$3,145
Apr 2013065993.964.28$2,822
Mar 2013072593.623.91$2,837
Feb 2013060191.233.42$2,055
Jan 2013087291.603.42$2,982
Dec 2012080386.773.42$2,746
Nov 2012079886.953.62$2,893
Oct 2012068189.383.40$2,315
Sep 2012084794.672.92$2,472
Aug 2012090292.662.91$2,623
Jul 2012088085.133.02$2,658
Jun 2012085979.822.52$2,164
May 2012078391.612.49$1,948
Apr 20120714101.652.00$1,426
Mar 20120875105.052.22$1,944
Feb 20120575101.102.57$1,478
Jan 20122040398.092.73$3,064
Dec 2011070696.873.24$2,287
Nov 2011078595.723.31$2,599
Oct 2011074284.983.65$2,707
Sep 2011075183.623.99$2,993
Aug 2011082783.404.15$3,431
Jul 2011087494.144.52$3,948
Jun 2011089292.904.64$4,139
May 2011095298.134.40$4,193
Apr 20110922105.964.33$3,995
Mar 2011098796.364.06$4,005
Feb 2011081385.644.18$3,398
Jan 201101,00986.504.59$4,630
Dec 2010099185.734.35$4,309
Nov 201001,05580.843.80$4,004
Oct 201001,11478.103.51$3,909
Sep 201001,29872.633.98$5,165
Aug 201001,56973.684.42$6,934
Jul 201001,45772.554.74$6,901
Jun 201001,43370.364.91$7,037
May 201001,20571.124.24$5,103
Apr 201001,20081.694.12$4,947
Mar 201001,41778.394.39$6,219
Feb 201001,24373.585.44$6,765
Jan 201001,56374.365.96$9,322
Dec 200901,87071.445.48$10,255
Nov 200901,94874.593.75$7,308
Oct 200901,98572.544.11$8,159
Sep 20091892,05465.543.06$18,682
Aug 200902,45467.423.22$7,898
Jul 200902,98661.133.46$10,345
Jun 200903,88966.163.90$15,148
May 200904,49254.743.93$17,634

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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                   87 Mcf  × $  1.86 =       $161

────────────────────────────────────────────────────
Month total                                     $161

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/249070 is the state's own key, not one this site invented.