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 255451District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jan 2010 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
197
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 Gas112010-05-24198147
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
CondensateDisposition24,578 bbl$1,803,490
GasProduction341,714 Mcf$1,334,928
Total$3,138,417

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 27.9863, -99.4334. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.98631, -99.43341 · 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
5,742 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 5,742 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-479406883H5,742 ftJan 2010

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 (197)

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

197 months

May 202630407106.413.05$4,432
Apr 20265341498.932.87$6,431
Mar 20267150889.753.15$7,972
Feb 20261751563.503.75$3,011
Jan 20265042559.138.00$6,356
Dec 20256334856.664.41$5,105
Nov 20258633558.593.93$6,354
Oct 2025057859.383.30$1,910
Sep 2025054362.743.08$1,671
Aug 20256945063.933.01$5,768
Jul 2025045666.743.32$1,512
Jun 20255647566.483.13$5,209
May 2025040660.553.23$1,312
Apr 20259538762.363.54$7,295
Mar 2025033267.704.27$1,417
Feb 2025033970.884.34$1,472
Jan 202511131874.324.28$9,610
Dec 20244535868.993.12$4,222
Nov 20244734869.052.20$4,010
Oct 20244719371.372.28$3,795
Sep 2024035169.612.36$830
Aug 20244148575.632.06$4,102
Jul 20245243279.932.15$5,084
Jun 202415087478.082.63$14,014
May 2024061178.812.20$1,343
Apr 20240084.451.66$0
Mar 2024026280.301.55$405
Feb 20245536576.091.78$4,836
Jan 20247843973.023.30$7,143
Dec 20233856371.262.61$4,178
Nov 202311148377.892.81$10,002
Oct 2023073185.443.09$2,257
Sep 20234456689.042.74$5,466
Aug 20236874080.522.67$7,453
Jul 20239597074.852.64$9,673
Jun 2023080668.962.26$1,820
May 20237070670.622.23$6,516
Apr 20233652678.122.24$3,989
Mar 2023064872.852.39$1,551
Feb 202316563475.112.47$13,956
Jan 2023074376.533.39$2,517
Dec 20226388576.415.73$9,884
Nov 2022094185.005.65$5,313
Oct 2022521,01187.185.86$10,462
Sep 2022531,12484.888.16$13,675
Aug 2022721,22094.529.13$17,941
Jul 2022101996101.587.54$17,771
Jun 202201,021115.097.98$8,145
May 2022118612109.378.43$18,067
Apr 20220573104.226.84$3,918
Mar 202281148108.885.08$9,571
Feb 202202,47991.054.86$12,045
Jan 202202,95181.844.54$13,391
Dec 202110662271.323.90$9,985
Nov 20218334077.435.24$8,207
Oct 2021066479.795.71$3,794
Sep 2021046569.865.35$2,488
Aug 20213951266.024.22$4,736
Jul 20212362270.783.98$4,105
Jun 20215568869.493.38$6,148
May 2021060063.483.02$1,811
Apr 20216157660.362.76$5,271
Mar 20216246061.302.72$5,050
Feb 20212747857.805.55$4,213
Jan 20217754050.412.81$5,399
Dec 20202156844.642.68$2,457
Nov 20205857938.772.71$3,816
Oct 20203570236.972.48$3,034
Sep 20204960037.091.99$3,012
Aug 20205488239.982.39$4,263
Jul 20202889638.371.83$2,710
Jun 20201111,48734.901.69$6,387
May 202001,44916.921.81$2,630
Apr 20208974314.751.80$2,653
Mar 20205380030.341.86$3,093
Feb 20209069549.881.98$5,866
Jan 20207660157.252.09$5,610
Dec 201910178459.012.30$7,767
Nov 20196795955.302.75$6,343
Oct 2019321,08653.472.42$4,338
Sep 2019981,03255.052.66$8,137
Aug 2019871,31153.112.30$7,642
Jul 2019971,27556.272.46$8,595
Jun 201901,03052.782.49$2,566
May 20191211,37958.482.74$10,855
Apr 2019041062.632.75$1,128
Mar 20198689656.803.06$7,628
Feb 20196965950.852.79$5,349
Jan 201916595646.033.23$10,681
Dec 201810967946.594.19$7,920
Nov 2018791,25352.934.24$9,491
Oct 20189577761.443.40$8,477
Sep 2018165859.543.11$2,105
Aug 20185299859.403.07$6,149
Jul 2018841,22665.142.93$9,066
Jun 2018621,26860.183.08$7,633
May 201811,14965.382.90$3,398
Apr 20189090063.842.90$8,356
Mar 20186888661.222.79$6,632
Feb 20182161,17261.782.77$16,586
Jan 201821,39362.874.01$5,711
Dec 20171101,75057.272.92$11,412
Nov 2017611,02955.423.12$6,589
Oct 20171021,31149.292.98$8,939
Sep 2017641,25547.523.09$6,916
Aug 2017631,26845.373.00$6,668
Jul 20176492243.873.09$5,654
Jun 2017681,21242.493.09$6,631
May 20177891845.373.26$6,535
Apr 20171231,00947.933.21$9,136
Mar 2017601,04946.772.98$5,936
Feb 20177493550.452.95$6,494
Jan 2017911,15449.413.42$8,442
Dec 2016821,12748.763.72$8,194
Nov 20161001,38742.492.64$7,917
Oct 20161241,84346.193.09$11,423
Sep 20161211,24341.553.10$8,882
Aug 2016591,28341.442.92$6,197
Jul 2016971,15241.622.92$7,406
Jun 2016971,06445.352.69$7,257
May 2016711,42942.521.99$5,864
Apr 20161441,22236.561.99$7,698
Mar 20161241,13933.011.79$6,137
Feb 20161221,19626.472.06$5,697
Jan 20161041,25127.352.36$5,802
Dec 20151651,25632.362.00$7,853
Nov 2015272,11538.792.17$5,631
Oct 20151991,82543.552.43$13,095
Sep 2015981,94642.992.76$9,581
Aug 20151492,42340.162.87$12,944
Jul 20151282,80148.152.95$14,412
Jun 20151162,59756.152.88$14,000
May 20151442,86455.212.96$16,415
Apr 20151282,50149.822.71$13,146
Mar 20151522,33142.892.93$13,360
Feb 20151772,42244.662.98$15,113
Jan 20151162,58743.433.10$13,059
Dec 20141382,50854.693.59$16,554
Nov 20141043,12570.464.25$20,615
Oct 20141192,79178.303.90$20,205
Sep 20141132,83886.164.05$21,217
Aug 2014722,48489.394.04$16,459
Jul 2014912,48396.564.18$19,165
Jun 2014872,21398.164.74$19,023
May 20141042,50194.734.73$21,673
Apr 2014702,18295.944.81$17,209
Mar 20141022,71395.895.06$23,500
Feb 20141712,51497.406.19$32,222
Jan 20141992,23590.404.86$28,853
Dec 2013692,71291.824.35$18,145
Nov 20131663,03988.853.74$26,110
Oct 20131244,15597.423.78$27,783
Sep 20132023,055104.113.72$32,388
Aug 2013911,754104.253.52$15,665
Jul 2013711,702102.523.72$13,607
Jun 2013331,55894.403.93$9,243
May 2013141,92894.834.15$9,327
Apr 2013301,92493.964.28$11,059
Mar 2013662,11593.623.91$14,455
Feb 20132391,85091.233.42$28,131
Jan 20132602,18591.603.42$31,289
Dec 20122471,94686.773.42$28,088
Nov 20121132,05286.953.62$17,264
Oct 20121341,85189.383.40$18,270
Sep 20121051,46894.672.92$14,225
Aug 20121131,90492.662.91$16,008
Jul 201212286685.133.02$13,002
Jun 20123074679.822.52$4,274
May 201220568391.612.49$20,480
Apr 201272605101.652.00$8,527
Mar 20121351,289105.052.22$17,046
Feb 2012801,947101.102.57$13,092
Jan 2012351,30298.092.73$6,993
Dec 20111872,78396.873.24$27,131
Nov 20113692,86795.723.31$44,814
Oct 20113681,20884.983.65$35,680
Sep 201102,40283.623.99$9,574
Aug 20113652,77383.404.15$41,947
Jul 201102,78794.144.52$12,590
Jun 20113763,08992.904.64$49,263
May 20113644,82598.134.40$56,973
Apr 20113714,481105.964.33$58,729
Mar 20111913,89396.364.06$34,200
Feb 20111993,60985.644.18$32,128
Jan 20115774,47586.504.59$70,445
Dec 20103984,22685.734.35$52,494
Nov 20101924,64080.843.80$33,132
Oct 20103714,83178.103.51$45,927
Sep 20103874,85872.633.98$47,440
Aug 20103725,43073.684.42$51,406
Jul 20105456,45972.554.74$70,133
Jun 20107276,84270.364.91$84,749
May 20105728,04771.124.24$74,761
Apr 20109509,53881.694.12$116,928
Mar 201094811,38378.394.39$124,270
Feb 20101,12413,87073.585.44$158,189
Jan 20101,33515,62374.365.96$192,448

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            30 bbl  × $106.41 =     $3,192
Gas                  407 Mcf  × $  3.05 =     $1,240

────────────────────────────────────────────────────
Month total                                   $4,432

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/255451 is the state's own key, not one this site invented.