NEAL

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187385District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Nov 2001 – Sep 2017
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
191
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112005-05-17161913
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
CondensateDisposition4,032 bbl$104,673
GasProduction1,489,309 Mcf$7,809,892
Total$7,914,566

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 32.1728, -94.2949. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17285, -94.29488 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,670 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
1100.0%
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.
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 9,670 ft.

Completions filed
Dec 2022
1 of 1 wells

1 well

42-3653475159,670 ftDec 2022Yes

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 (191)

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

191 months

Sep 20170047.523.09$0
Aug 20171225745.373.00$1,317
Jul 2017251,23543.873.09$4,910
Jun 2017251,17342.493.09$4,684
May 2017371,23045.373.26$5,693
Apr 2017251,16647.933.21$4,943
Mar 2017381,17846.772.98$5,292
Feb 2017241,21650.452.95$4,801
Jan 2017361,31049.413.42$6,257
Dec 2016251,57348.763.72$7,075
Nov 2016253142.492.64$1,144
Oct 2016261,32946.193.09$5,308
Sep 2016251,19941.553.10$4,756
Aug 201601,30841.442.92$3,825
Jul 201601,38241.622.92$4,041
Jun 201601,37445.352.69$3,690
May 201601,43642.521.99$2,859
Apr 201601,38036.561.99$2,748
Mar 201601,42233.011.79$2,551
Feb 201601,31326.472.06$2,710
Jan 201601,48627.352.36$3,513
Dec 201501,66732.362.00$3,336
Nov 201501,62038.792.17$3,511
Oct 201501,79143.552.43$4,346
Sep 201501,77642.992.76$4,899
Aug 201501,97840.162.87$5,682
Jul 201501,55948.152.95$4,591
Jun 201501,67956.152.88$4,840
May 201501,68255.212.96$4,971
Apr 201501,76449.822.71$4,774
Mar 201501,68342.892.93$4,939
Feb 201501,99144.662.98$5,926
Jan 201502,63443.433.10$8,167
Dec 201402,67854.693.59$9,618
Nov 201402,70970.464.25$11,518
Oct 201402,99678.303.90$11,687
Sep 201403,12786.164.05$12,650
Aug 201403,13989.394.04$12,666
Jul 201402,85896.564.18$11,945
Jun 201402,89598.164.74$13,713
May 201402,73194.734.73$12,908
Apr 201402,25395.944.81$10,835
Mar 201402,82995.895.06$14,306
Feb 201403,32897.406.19$20,607
Jan 201402,97690.404.86$14,466
Dec 201303,34791.824.35$14,574
Nov 201303,81888.853.74$14,273
Oct 201303,63397.423.78$13,730
Sep 201303,560104.113.72$13,235
Aug 201303,779104.253.52$13,312
Jul 201303,901102.523.72$14,503
Jun 201303,68694.403.93$14,499
May 201303,78794.834.15$15,713
Apr 201303,75393.964.28$16,073
Mar 201303,94893.623.91$15,448
Feb 201303,46991.233.42$11,864
Jan 201303,62691.603.42$12,401
Dec 201203,54786.773.42$12,131
Nov 201203,57986.953.62$12,974
Oct 201201,43489.383.40$4,875
Sep 201203,82294.672.92$11,154
Aug 201204,28592.662.91$12,461
Jul 201204,19285.133.02$12,663
Jun 201204,04379.822.52$10,184
May 201204,31591.612.49$10,737
Apr 201204,341101.652.00$8,668
Mar 201203,945105.052.22$8,766
Feb 201204,278101.102.57$10,995
Jan 201204,44698.092.73$12,156
Dec 201104,51696.873.24$14,631
Nov 201104,43295.723.31$14,676
Oct 201104,64284.983.65$16,937
Sep 201104,54783.623.99$18,123
Aug 201104,44583.404.15$18,444
Jul 201104,26894.144.52$19,280
Jun 201104,27792.904.64$19,845
May 201104,40298.134.40$19,390
Apr 201103,974105.964.33$17,220
Mar 201104,32396.364.06$17,540
Feb 201103,87285.644.18$16,185
Jan 201104,39686.504.59$20,172
Dec 201004,27585.734.35$18,587
Nov 201004,29980.843.80$16,316
Oct 201004,67578.103.51$16,404
Sep 201004,94272.633.98$19,667
Aug 201004,81873.684.42$21,292
Jul 201004,92272.554.74$23,313
Jun 201004,56270.364.91$22,401
May 201005,02371.124.24$21,274
Apr 201005,26981.694.12$21,722
Mar 201004,90578.394.39$21,526
Feb 201004,35373.585.44$23,691
Jan 201005,31074.365.96$31,669
Dec 200905,11671.445.48$28,055
Nov 200905,10774.593.75$19,159
Oct 200905,61172.544.11$23,063
Sep 200905,95265.543.06$18,241
Aug 200906,40667.423.22$20,618
Jul 200906,37961.133.46$22,100
Jun 200906,61666.163.90$25,769
May 200907,04554.743.93$27,657
Apr 200906,15546.773.59$22,081
Mar 200906,70542.144.06$27,216
Feb 200902,27732.814.63$10,549
Jan 200906,76835.865.37$36,351
Dec 200807,08637.105.98$42,354
Nov 200806,97255.496.86$47,830
Oct 200807,25175.246.92$50,191
Sep 200805,742101.767.88$45,230
Aug 200807,253114.228.48$61,527
Jul 200807,219131.0811.39$82,220
Jun 200807,310131.3313.03$95,269
May 200804,225123.1711.57$48,901
Apr 200806,448110.3110.45$67,413
Mar 200807,440101.909.66$71,901
Feb 200807,16492.538.77$62,832
Jan 200805,88090.388.21$48,250
Dec 200706,77288.337.30$49,449
Nov 200707,68991.677.29$56,066
Oct 200708,27782.856.92$57,293
Sep 200708,22675.846.24$51,364
Aug 200708,80369.066.39$56,233
Jul 200708,02870.906.39$51,282
Jun 200708,27362.007.55$62,448
May 200708,41058.747.85$65,987
Apr 200708,52659.617.81$66,547
Mar 200708,42356.927.30$61,504
Feb 200707,89955.108.22$64,898
Jan 200708,92150.306.73$60,010
Dec 200609,19656.656.92$63,622
Nov 200609,00654.207.62$68,603
Oct 200609,45554.906.01$56,860
Sep 200609,39960.085.04$47,345
Aug 2006010,13068.717.34$74,353
Jul 200609,75069.376.34$61,842
Jun 200609,92166.286.38$63,334
May 200609,24966.016.42$59,425
Apr 200609,50364.397.36$69,947
Mar 2006010,46456.707.08$74,116
Feb 200608,83657.597.75$68,489
Jan 200608,49560.598.93$75,889
Dec 200509,30954.9413.42$124,884
Nov 200509,36954.6910.59$99,203
Oct 2005010,33258.3413.80$142,538
Sep 200509,12561.4512.08$110,221
Aug 200509,99361.519.80$97,900
Jul 2005010,17955.697.84$79,840
Jun 200509,74952.337.38$71,958
May 2005010,58845.226.65$70,422
Apr 2005010,85349.207.36$79,883
Mar 2005011,66450.377.15$83,455
Feb 2005010,22645.226.31$64,546
Jan 2005011,14943.166.32$70,486
Dec 2004011,19239.866.75$75,558
Nov 2004010,57645.286.33$66,951
Oct 2004011,84049.706.52$77,139
Sep 2004011,69543.245.28$61,795
Aug 2004011,98442.375.55$66,519
Jul 2004012,57338.286.08$76,496
Jun 2004011,57236.106.43$74,443
May 2004013,44737.486.49$87,333
Apr 2004013,12434.475.86$76,886
Mar 2004013,12534.365.53$72,583
Feb 2004012,62332.455.51$69,548
Jan 2004013,81732.036.30$87,042
Dec 2003013,90530.266.30$87,624
Nov 20031014,17928.804.60$65,443
Oct 200327814,48428.174.76$76,770
Sep 2003014,65126.314.75$69,583
Aug 200314115,45529.765.13$83,476
Jul 200317115,84329.415.17$86,951
Jun 2003015,28128.565.98$91,426
May 200314916,39426.595.97$101,878
Apr 2003016,06426.675.41$86,863
Mar 200317517,67531.146.10$113,197
Feb 2003016,26333.487.93$128,899
Jan 200331018,97230.315.58$115,299
Dec 2002019,10126.914.85$92,712
Nov 200218019,28024.664.14$84,199
Oct 200216320,04426.464.23$89,081
Sep 2002020,05827.443.64$72,915
Aug 200216421,77225.963.16$73,148
Jul 200215423,19224.583.06$74,794
Jun 200215323,86623.733.34$83,301
May 200228526,51024.663.58$102,040
Apr 200213227,40723.653.51$99,384
Mar 200230530,89822.003.10$102,578
Feb 200231131,44718.222.38$80,374
Jan 200229039,75017.172.38$99,413
Dec 200133850,35416.932.36$124,779
Nov 2001034,26018.072.41$82,413

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.

Aug 2017 — as filed, then multipliedworked
Condensate            12 bbl  × $ 45.37 =       $544
Gas                  257 Mcf  × $  3.00 =       $772

────────────────────────────────────────────────────
Month total                                   $1,317

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. 06/G/187385 is the state's own key, not one this site invented.