NEAL, W. F.

Operated by NECHES OIL & GAS COMPANY, INC. (P-5 601866) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6873District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition83,575 bbl$3,209,955
Casinghead gasProduction4,776 Mcf$235
Total$3,210,190

4,697 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (401)

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

401 months

May 2026510106.413.05$5,427
Apr 202633098.932.87$3,265
Mar 202658089.753.15$5,206
Feb 2026117063.503.75$7,430
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202552058.593.93$3,047
Oct 202549059.383.30$2,910
Sep 202564062.743.08$4,015
Aug 202561063.933.01$3,900
Jul 202582066.743.32$5,473
Jun 202554066.483.13$3,590
May 202575060.553.23$4,541
Apr 202573062.363.54$4,552
Mar 202579067.704.27$5,348
Feb 202558070.884.34$4,111
Jan 202583074.324.28$6,169
Dec 202478068.993.12$5,381
Nov 202495069.052.20$6,560
Oct 202490071.372.28$6,423
Sep 202485069.612.36$5,917
Aug 202487075.632.06$6,580
Jul 202474079.932.15$5,915
Jun 2024159078.082.63$12,415
May 20240078.812.20$0
Apr 202495084.451.66$8,023
Mar 2024253080.301.55$20,316
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202375071.262.61$5,345
Nov 202389077.892.81$6,932
Oct 2023185085.443.09$15,806
Sep 2023183089.042.74$16,294
Aug 202394080.522.67$7,569
Jul 2023160074.852.64$11,976
Jun 202388068.962.26$6,068
May 202391070.622.23$6,426
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023187075.112.47$14,046
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202290085.005.65$7,650
Oct 202292087.185.86$8,021
Sep 2022174084.888.16$14,769
Aug 202290094.529.13$8,507
Jul 20221550101.587.54$15,745
Jun 20221060115.097.98$12,200
May 20221540109.378.43$16,843
Apr 2022760104.226.84$7,921
Mar 20221830108.885.08$19,925
Feb 20220091.054.86$0
Jan 202288081.844.54$7,202
Dec 2021121071.323.90$8,630
Nov 2021127077.435.24$9,834
Oct 2021152079.795.71$12,128
Sep 202189069.865.35$6,218
Aug 2021168066.024.22$11,091
Jul 202191070.783.98$6,441
Jun 2021159069.493.38$11,049
May 202190063.483.02$5,713
Apr 202185060.362.76$5,131
Mar 2021229061.302.72$14,038
Feb 20210057.805.55$0
Jan 202187050.412.81$4,386
Dec 202076044.642.68$3,393
Nov 202091038.772.71$3,528
Oct 202091036.972.48$3,364
Sep 202091037.091.99$3,375
Aug 202084039.982.39$3,358
Jul 202085038.371.83$3,261
Jun 2020165034.901.69$5,759
May 20200016.921.81$0
Apr 202087014.751.80$1,283
Mar 202088030.341.86$2,670
Feb 202086049.881.98$4,290
Jan 202082057.252.09$4,695
Dec 201947059.012.30$2,773
Nov 201962055.302.75$3,429
Oct 201982053.472.42$4,385
Sep 20190055.052.66$0
Aug 201924053.112.30$1,275
Jul 20190056.272.46$0
Jun 201986052.782.49$4,539
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201929056.803.06$1,647
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201822046.594.19$1,025
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201887059.543.11$5,180
Aug 20180059.403.07$0
Jul 201849065.142.93$3,192
Jun 201843060.183.08$2,588
May 2018147065.382.90$9,611
Apr 201893063.842.90$5,937
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201724057.272.92$1,374
Nov 201746055.423.12$2,549
Oct 201759049.292.98$2,908
Sep 201764047.523.09$3,041
Aug 201769045.373.00$3,131
Jul 201772043.873.09$3,159
Jun 201780042.493.09$3,399
May 201748045.373.26$2,178
Apr 201769047.933.21$3,307
Mar 201759046.772.98$2,759
Feb 2017110050.452.95$5,550
Jan 201742049.413.42$2,075
Dec 201642048.763.72$2,048
Nov 201673042.492.64$3,102
Oct 201669046.193.09$3,187
Sep 201677041.553.10$3,199
Aug 201669041.442.92$2,859
Jul 201680041.622.92$3,330
Jun 201675045.352.69$3,401
May 201683042.521.99$3,529
Apr 2016234036.561.99$8,555
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201692027.352.36$2,516
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201564043.552.43$2,787
Sep 201583042.992.76$3,568
Aug 2015160040.162.87$6,426
Jul 20150048.152.95$0
Jun 201585056.152.88$4,773
May 201586055.212.96$4,748
Apr 201570049.822.71$3,487
Mar 201582042.892.93$3,517
Feb 2015387944.662.98$1,932
Jan 201578043.433.10$3,388
Dec 2014148054.693.59$8,094
Nov 20140070.464.25$0
Oct 2014174078.303.90$13,624
Sep 201488086.164.05$7,582
Aug 20140089.394.04$0
Jul 2014253096.564.18$24,430
Jun 20140098.164.74$0
May 2014176094.734.73$16,672
Apr 201474095.944.81$7,100
Mar 201486095.895.06$8,247
Feb 20140097.406.19$0
Jan 201488090.404.86$7,955
Dec 2013170091.824.35$15,609
Nov 201390088.853.74$7,997
Oct 201391097.423.78$8,865
Sep 201300104.113.72$0
Aug 20131510104.253.52$15,742
Jul 20131320102.523.72$13,533
Jun 20130094.403.93$0
May 2013185094.834.15$17,544
Apr 20130093.964.28$0
Mar 2013207093.623.91$19,379
Feb 20130091.233.42$0
Jan 2013135091.603.42$12,366
Dec 2012151086.773.42$13,102
Nov 2012210086.953.62$18,260
Oct 20120089.383.40$0
Sep 2012111094.672.92$10,508
Aug 2012128092.662.91$11,860
Jul 2012123085.133.02$10,471
Jun 2012145079.822.52$11,574
May 2012133091.612.49$12,184
Apr 20121270101.652.00$12,910
Mar 20121300105.052.22$13,657
Feb 2012860101.102.57$8,695
Jan 2012138098.092.73$13,536
Dec 2011204096.873.24$19,761
Nov 20110095.723.31$0
Oct 2011132084.983.65$11,217
Sep 2011172083.623.99$14,383
Aug 2011171083.404.15$14,261
Jul 2011174094.144.52$16,380
Jun 2011180092.904.64$16,722
May 2011180098.134.40$17,663
Apr 20111750105.964.33$18,543
Mar 2011191096.364.06$18,405
Feb 2011152085.644.18$13,017
Jan 2011178086.504.59$15,397
Dec 2010150085.734.35$12,860
Nov 2010148080.843.80$11,964
Oct 2010209078.103.51$16,323
Sep 2010192072.633.98$13,945
Aug 2010158073.684.42$11,641
Jul 2010183072.554.74$13,277
Jun 2010293070.364.91$20,615
May 2010257071.124.24$18,278
Apr 2010516081.694.12$42,152
Mar 2010170078.394.39$13,326
Feb 2010197073.585.44$14,495
Jan 2010180074.365.96$13,385
Dec 2009186071.445.48$13,288
Nov 2009189074.593.75$14,098
Oct 2009322072.544.11$23,358
Sep 2009186065.543.06$12,190
Aug 2009154067.423.22$10,383
Jul 2009339061.133.46$20,723
Jun 2009191066.163.90$12,637
May 2009290054.743.93$15,875
Apr 2009182046.773.59$8,512
Mar 2009329042.144.06$13,864
Feb 2009343032.814.63$11,254
Jan 20090035.865.37$0
Dec 2008371037.105.98$13,764
Nov 2008706055.496.86$39,176
Oct 2008391075.246.92$29,419
Sep 200800101.767.88$0
Aug 20081780114.228.48$20,331
Jul 20083560131.0811.39$46,664
Jun 200800131.3313.03$0
May 20081740123.1711.57$21,432
Apr 20081850110.3110.45$20,407
Mar 20083030101.909.66$30,876
Feb 2008181092.538.77$16,748
Jan 2008175090.388.21$15,817
Dec 2007183088.337.30$16,164
Nov 2007329091.677.29$30,159
Oct 2007177082.856.92$14,664
Sep 2007157075.846.24$11,907
Aug 2007178069.066.39$12,293
Jul 2007390070.906.39$27,651
Jun 2007180062.007.55$11,160
May 2007197058.747.85$11,572
Apr 2007177059.617.81$10,551
Mar 2007178056.927.30$10,132
Feb 2007164055.108.22$9,036
Jan 2007161050.306.73$8,098
Dec 2006229056.656.92$12,973
Nov 2006181054.207.62$9,810
Oct 2006206054.906.01$11,309
Sep 2006178060.085.04$10,694
Aug 2006166068.717.34$11,406
Jul 2006180069.376.34$12,487
Jun 2006249066.286.38$16,504
May 2006174066.016.42$11,486
Apr 2006384064.397.36$24,726
Mar 20060056.707.08$0
Feb 2006174057.597.75$10,021
Jan 2006177060.598.93$10,724
Dec 2005209054.9413.42$11,482
Nov 2005173054.6910.59$9,461
Oct 2005161058.3413.80$9,393
Sep 2005267061.4512.08$16,407
Aug 2005177061.519.80$10,887
Jul 2005353055.697.84$19,659
Jun 20050052.337.38$0
May 2005146045.226.65$6,602
Apr 2005120049.207.36$5,904
Mar 2005207050.377.15$10,427
Feb 2005148045.226.31$6,693
Jan 2005148043.166.32$6,388
Dec 20040039.866.75$0
Nov 2004290045.286.33$13,131
Oct 20040049.706.52$0
Sep 2004202043.245.28$8,734
Aug 2004333042.375.55$14,109
Jul 200482038.286.08$3,139
Jun 2004265036.106.43$9,567
May 200499037.486.49$3,711
Apr 2004181034.475.86$6,239
Mar 2004325034.365.53$11,167
Feb 200468032.455.51$2,207
Jan 2004410032.036.30$13,132
Dec 2003185030.266.30$5,598
Nov 20030028.804.60$0
Oct 2003316028.174.76$8,902
Sep 20030026.314.75$0
Aug 2003408029.765.13$12,142
Jul 200381029.415.17$2,382
Jun 2003154028.565.98$4,398
May 2003167026.595.97$4,441
Apr 2003186026.675.41$4,961
Mar 2003497031.146.10$15,477
Feb 2003121033.487.93$4,051
Jan 2003189030.315.58$5,729
Dec 2002296026.914.85$7,965
Nov 2002356024.664.14$8,779
Oct 2002142026.464.23$3,757
Sep 2002169027.443.64$4,637
Aug 2002458025.963.16$11,890
Jul 2002171024.583.06$4,203
Jun 2002495023.733.34$11,746
May 2002350024.663.58$8,631
Apr 2002159023.653.51$3,760
Mar 2002369022.003.10$8,118
Feb 2002184018.222.38$3,352
Jan 2002344017.172.38$5,906
Dec 2001186016.932.36$3,149
Nov 2001407018.072.41$7,354
Oct 2001184019.782.53$3,640
Sep 2001189024.262.25$4,585
Aug 2001311024.873.05$7,735
Jul 2001188023.933.20$4,499
Jun 2001187024.563.82$4,593
May 2001319025.524.31$8,141
Apr 2001182024.685.34$4,492
Mar 2001189024.545.38$4,638
Feb 2001190027.755.77$5,273
Jan 2001183027.478.40$5,027
Dec 2000160026.889.12$4,301
Nov 2000183032.215.66$5,894
Oct 2000188031.235.15$5,871
Sep 2000183031.875.19$5,832
Aug 2000187029.644.54$5,543
Jul 2000359028.534.09$10,242
Jun 20000029.304.40$0
May 2000186027.263.68$5,070
Apr 2000184024.513.12$4,510
Mar 2000184028.422.86$5,229
Feb 2000188027.622.73$5,193
Jan 2000191025.272.48$4,827
Dec 1999371024.282.42$9,008
Nov 1999155023.192.43$3,594
Oct 1999194020.982.80$4,070
Sep 1999284021.752.62$6,177
Aug 1999289019.262.88$5,566
Jul 1999153017.892.37$2,737
Jun 1999338015.942.36$5,388
May 1999151015.792.32$2,384
Apr 1999192015.102.21$2,899
Mar 1999183012.471.84$2,282
Feb 199918209.981.82$1,816
Jan 1999356010.381.90$3,695
Dec 199837709.201.77$3,468
Nov 1998390010.892.19$4,247
Oct 1998376012.421.97$4,670
Sep 1998174012.592.08$2,191
Aug 1998554011.301.91$6,260
Jul 1998192011.742.24$2,254
Jun 1998356011.242.24$4,001
May 1998251012.622.21$3,168
Apr 1998578013.042.51$7,537
Mar 1998372012.802.31$4,762
Feb 1998360013.952.30$5,022
Jan 1998407014.702.15$5,983
Dec 1997729016.322.41$11,897
Nov 1997331018.193.09$6,021
Oct 1997598019.253.15$11,512
Sep 1997517017.742.95$9,172
Aug 1997370017.862.55$6,608
Jul 19970017.582.25$0
Jun 1997246017.242.26$4,241
May 1997549018.972.31$10,415
Apr 1997311017.882.08$5,561
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997234023.483.54$5,494
Dec 1996294023.32$6,856
Nov 19963553021.97$7,799
Oct 1996678123.31$15,804
Sep 1996250122.22$5,555
Aug 1996377120.26$7,638
Jul 1996372119.55$7,273
Jun 1996377118.73$7,061
May 1996248119.43$4,819
Apr 1996397121.51$8,539
Mar 1996276119.38$5,349
Feb 1996416116.98$7,064
Jan 1996416117.07$7,101
Dec 1995355117.19$6,102
Nov 1995718116.00$11,488
Oct 1995781115.43$12,051
Sep 199542020216.18$6,796
Aug 199575233815.92$11,972
Jul 19951,18539415.24$18,059
Jun 199578036216.41$12,800
May 199580629717.56$14,153
Apr 199579221217.73$14,042
Mar 199582124216.44$13,497
Feb 19958228516.58$13,629
Jan 199581614915.92$12,991
Dec 199486515615.03$13,001
Nov 199485815015.90$13,642
Oct 199440913315.58$6,372
Sep 19947789515.29$11,896
Aug 19947988216.13$12,872
Jul 19943407117.56$5,970
Jun 19947758517.09$13,245
May 199474414015.88$11,815
Apr 19944147614.14$5,854
Mar 19948077912.46$10,055
Feb 19943887212.50$4,850
Jan 19947955412.66$10,065
Dec 199340915112.33$5,043
Nov 19937816014.49$11,317
Oct 19933828515.85$6,055
Sep 19937749915.03$11,633
Aug 199341310715.66$6,468
Jul 19938017515.46$12,383
Jun 199338915816.79$6,531
May 19938026717.68$14,179
Apr 199341811818.05$7,545
Mar 199381611718.14$14,802
Feb 19933876817.90$6,927
Jan 19938057516.93$13,629

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
Oil                   51 bbl  × $106.41 =     $5,427
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,427

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. 6E/O/6873 is the state's own key, not one this site invented.