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 268831District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Jan 2012 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
173
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 Gas112013-09-12211070
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
CondensateDisposition20,488 bbl$1,686,293
GasProduction844,805 Mcf$2,762,140
Total$4,448,432

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 27.9825, -99.4461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.98252, -99.44614 · 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
5,644 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 5,644 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-479415807H5,644 ftJan 2012

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 (173)

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

173 months

May 2026131,772106.413.05$6,781
Apr 2026221,62898.932.87$6,848
Mar 2026291,61889.753.15$7,699
Feb 202671,23463.503.75$5,072
Jan 2026201,77659.138.00$15,387
Dec 20252598356.664.41$5,755
Nov 20253792058.593.93$5,780
Oct 202501,12359.383.30$3,711
Sep 2025098162.743.08$3,018
Aug 2025271,21963.933.01$5,401
Jul 202501,54466.743.32$5,119
Jun 20252093066.483.13$4,239
May 202501,44860.553.23$4,680
Apr 2025401,50262.363.54$7,816
Mar 202501,65567.704.27$7,064
Feb 202501,67770.884.34$7,280
Jan 2025532,18874.324.28$13,301
Dec 2024231,65968.993.12$6,765
Nov 2024341,60169.052.20$5,867
Oct 20241321,64571.372.28$13,174
Sep 202401,64069.612.36$3,878
Aug 2024181,74475.632.06$4,960
Jul 2024231,74179.932.15$5,576
Jun 2024651,79978.082.63$9,814
May 2024036178.812.20$794
Apr 2024034284.451.66$567
Mar 2024039080.301.55$603
Feb 2024231,07376.091.78$3,664
Jan 20243484373.023.30$5,263
Dec 20231765871.262.61$2,929
Nov 2023721,25877.892.81$9,140
Oct 202301,46285.443.09$4,514
Sep 2023271,41789.042.74$6,280
Aug 2023411,50780.522.67$7,329
Jul 2023471,50674.852.64$7,497
Jun 202301,42068.962.26$3,207
May 2023351,44870.622.23$5,697
Apr 2023171,44378.122.24$4,557
Mar 202301,46172.852.39$3,496
Feb 2023841,27075.112.47$9,441
Jan 202301,46076.533.39$4,946
Dec 2022321,37076.415.73$10,294
Nov 202201,67185.005.65$9,435
Oct 2022241,54787.185.86$11,164
Sep 2022241,11784.888.16$11,156
Aug 2022341,50194.529.13$16,914
Jul 2022531,497101.587.54$16,674
Jun 202201,455115.097.98$11,607
May 2022741,504109.378.43$20,777
Apr 202201,445104.226.84$9,880
Mar 2022721,589108.885.08$15,906
Feb 202201,52691.054.86$7,415
Jan 202201,04481.844.54$4,737
Dec 2021711,47071.323.90$10,795
Nov 2021631,18777.435.24$11,094
Oct 202101,33779.795.71$7,639
Sep 2021077869.865.35$4,163
Aug 2021411,46866.024.22$8,903
Jul 2021271,45870.783.98$7,717
Jun 2021631,60469.493.38$9,800
May 202101,29163.483.02$3,896
Apr 2021631,91360.362.76$9,080
Mar 2021701,66561.302.72$8,815
Feb 2021311,77357.805.55$11,628
Jan 2021782,15450.412.81$9,985
Dec 2020191,52744.642.68$4,934
Nov 2020551,84838.772.71$7,134
Oct 2020321,81536.972.48$5,681
Sep 2020541,90537.091.99$5,796
Aug 2020532,03239.982.39$6,965
Jul 2020112,05238.371.83$4,167
Jun 2020631,85034.901.69$5,326
May 202001,77316.921.81$3,218
Apr 2020511,77014.751.80$3,946
Mar 2020302,10630.341.86$4,819
Feb 2020521,98449.881.98$6,523
Jan 2020442,08557.252.09$6,887
Dec 2019592,31259.012.30$8,809
Nov 2019392,37455.302.75$8,687
Oct 2019182,12753.472.42$6,107
Sep 2019572,36355.052.66$9,417
Aug 2019512,12653.112.30$7,608
Jul 2019572,16556.272.46$8,533
Jun 201902,02152.782.49$5,035
May 2019732,17158.482.74$10,218
Apr 201901,67362.632.75$4,602
Mar 2019532,53456.803.06$10,770
Feb 2019422,37850.852.79$8,776
Jan 20191042,74246.033.23$13,639
Dec 2018692,39646.594.19$13,243
Nov 2018502,82052.934.24$14,596
Oct 2018602,94761.443.40$13,701
Sep 201803,05059.543.11$9,479
Aug 2018333,11759.403.07$11,519
Jul 2018542,94265.142.93$12,143
Jun 2018402,87260.183.08$11,244
May 201802,85965.382.90$8,293
Apr 2018613,29563.842.90$13,452
Mar 2018453,37261.222.79$12,152
Feb 20181483,19161.782.77$17,970
Jan 201803,65362.874.01$14,646
Dec 2017763,44157.272.92$14,405
Nov 2017423,55755.423.12$13,420
Oct 2017743,75449.292.98$14,848
Sep 2017493,47847.523.09$13,066
Aug 2017484,01345.373.00$14,234
Jul 2017494,03243.873.09$14,598
Jun 2017533,29642.493.09$12,428
May 2017623,23045.373.26$13,354
Apr 2017973,17947.933.21$14,859
Mar 2017483,18746.772.98$11,754
Feb 2017593,70150.452.95$13,904
Jan 2017744,04349.413.42$17,479
Dec 2016674,26748.763.72$19,152
Nov 2016834,66842.492.64$15,871
Oct 20161034,81546.193.09$19,637
Sep 20161014,81441.553.10$19,123
Aug 2016494,19341.442.92$14,292
Jul 2016813,73941.622.92$14,305
Jun 2016834,22045.352.69$15,098
May 2016604,75842.521.99$12,025
Apr 20161254,15436.561.99$12,841
Mar 20161083,93433.011.79$10,623
Feb 20161074,33326.472.06$11,774
Jan 2016925,33827.352.36$15,137
Dec 20151465,63932.362.00$16,011
Nov 2015234,30138.792.17$10,214
Oct 20151414,91443.552.43$18,065
Sep 2015535,34442.992.76$17,019
Aug 2015406,37740.162.87$19,924
Jul 2015475,95448.152.95$19,798
Jun 2015836,47856.152.88$23,336
May 20151066,75555.212.96$25,816
Apr 2015926,28549.822.71$21,594
Mar 20151118,24942.892.93$28,969
Feb 20151296,18244.662.98$24,160
Jan 2015866,76643.433.10$24,714
Dec 20141046,98954.693.59$30,788
Nov 2014817,46170.464.25$37,430
Oct 20141127,99778.303.90$39,966
Sep 20142097,90786.164.05$49,995
Aug 2014908,67989.394.04$43,066
Jul 20141859,09796.564.18$55,885
Jun 20141948,32398.164.74$58,468
May 20142479,75294.734.73$69,492
Apr 20142419,56695.944.81$69,126
Mar 201426510,17995.895.06$76,884
Feb 20142199,16997.406.19$78,105
Jan 20143819,80290.404.86$82,087
Dec 201310910,88691.824.35$57,411
Nov 201327110,54188.853.74$63,484
Oct 201322011,90797.423.78$66,433
Sep 20132219,849104.113.72$59,624
Aug 201332810,076104.253.52$69,688
Jul 20132958,934102.523.72$63,458
Jun 20133139,64894.403.93$67,497
May 201336411,05094.834.15$80,365
Apr 201343310,61693.964.28$86,149
Mar 201351011,81193.623.91$93,961
Feb 201335311,30791.233.42$70,873
Jan 201330913,07391.603.42$73,013
Dec 201249413,63386.773.42$89,491
Nov 201235214,52886.953.62$83,270
Oct 201248214,78589.383.40$93,345
Sep 201246216,30594.672.92$91,322
Aug 201244918,47092.662.91$95,318
Jul 201278020,43385.133.02$128,125
Jun 201239223,44079.822.52$90,336
May 201274325,68491.612.49$131,976
Apr 201277525,349101.652.00$129,396
Mar 201296229,882105.052.22$167,458
Feb 20121,24433,731101.102.57$212,465
Jan 20121,07027,60198.092.73$180,420

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            13 bbl  × $106.41 =     $1,383
Gas                1,772 Mcf  × $  3.05 =     $5,397

────────────────────────────────────────────────────
Month total                                   $6,781

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/268831 is the state's own key, not one this site invented.