NEAL, H. F. ESTATE "A"

Operated by CALLON PETROLEUM OPERATING CO (P-5 124828) in the BENEDUM (DEVONIAN, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198539District 7CField 071092502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
May 2003 – Jul 2011
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
99
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1963-12-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: SOUTHLAND ROYALTY COMPANY APPLICIANT

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 Gas112004-08-05156465
NGPA2none

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
CondensateDisposition6,944 bbl$335,600
GasProduction234,324 Mcf$1,503,269
Total$1,838,869

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 31.3153, -101.9226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.31532, -101.92262 · 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
15,100 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 15,100 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-46134369115,100 ftJul 2012Yes

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 (99)

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

99 months

Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011300085.644.18$25,692
Jan 20110086.504.59$0
Dec 20100185.734.35$4
Nov 20100880.843.80$30
Oct 20100678.103.51$21
Sep 20100372.633.98$12
Aug 20100573.684.42$22
Jul 20100872.554.74$38
Jun 201001070.364.91$49
May 201001371.124.24$55
Apr 201001381.694.12$54
Mar 201001978.394.39$83
Feb 201009673.585.44$522
Jan 2010020374.365.96$1,211
Dec 2009070171.445.48$3,844
Nov 2009072974.593.75$2,735
Oct 2009083772.544.11$3,440
Sep 2009086465.543.06$2,648
Aug 2009092867.423.22$2,987
Jul 2009098361.133.46$3,406
Jun 2009093766.163.90$3,650
May 20091801,02454.743.93$13,873
Apr 2009099546.773.59$3,570
Mar 200901,00142.144.06$4,063
Feb 2009092832.814.63$4,299
Jan 200901,08235.865.37$5,811
Dec 200801,06637.105.98$6,372
Nov 200801,07355.496.86$7,361
Oct 200801,14275.246.92$7,905
Sep 2008191900101.767.88$26,526
Aug 200801,053114.228.48$8,933
Jul 200801,144131.0811.39$13,030
Jun 200801,087131.3313.03$14,166
May 200801,160123.1711.57$13,426
Apr 20081811,158110.3110.45$32,073
Mar 200801,235101.909.66$11,935
Feb 200801,17192.538.77$10,270
Jan 200801,30390.388.21$10,692
Dec 200701,35488.337.30$9,887
Nov 200701,31091.677.29$9,552
Oct 20071931,37682.856.92$25,515
Sep 200701,40275.846.24$8,754
Aug 20071891,43269.066.39$22,200
Jul 200701,41170.906.39$9,013
Jun 200701,44562.007.55$10,908
May 200701,53858.747.85$12,068
Apr 200711,47859.617.81$11,596
Mar 20071881,55056.927.30$22,019
Feb 200701,46355.108.22$12,020
Jan 200701,65850.306.73$11,153
Dec 200601,70356.656.92$11,782
Nov 200601,74254.207.62$13,270
Oct 20061771,85654.906.01$20,879
Sep 200601,70260.085.04$8,573
Aug 200601,99368.717.34$14,628
Jul 200602,04769.376.34$12,984
Jun 20061782,16266.286.38$25,600
May 200602,13666.016.42$13,724
Apr 20061832,32364.397.36$28,882
Mar 200602,44156.707.08$17,289
Feb 200602,24257.597.75$17,378
Jan 20061802,59460.598.93$34,079
Dec 200502,77454.9413.42$37,214
Nov 200502,83654.6910.59$30,029
Oct 20051832,14558.3413.80$40,268
Sep 20051892,68961.4512.08$44,094
Aug 200503,06261.519.80$29,998
Jul 200503,11155.697.84$24,402
Jun 20051692,96452.337.38$30,721
May 200502,88145.226.65$19,162
Apr 20051842,92649.207.36$30,590
Mar 200503,24450.377.15$23,210
Feb 20051862,86745.226.31$26,507
Jan 200503,15743.166.32$19,959
Dec 20041903,56039.866.75$31,607
Nov 200403,53445.286.33$22,372
Oct 200403,90849.706.52$25,461
Sep 20041854,01143.245.28$29,193
Aug 20041824,32042.375.55$31,690
Jul 20041804,50038.286.08$34,269
Jun 200404,51336.106.43$29,032
May 20041825,01837.486.49$39,411
Apr 20041875,18334.475.86$36,810
Mar 20045625,71634.365.53$50,921
Feb 200405,83532.455.51$32,149
Jan 200404,85132.036.30$30,560
Dec 20031336,51730.266.30$45,092
Nov 20033725,73128.804.60$37,048
Oct 200309,21628.174.76$43,865
Sep 2003011,30426.314.75$53,687
Aug 200386018,06229.765.13$118,247
Jul 200350626,64529.415.17$152,658
Jun 2003353028.565.98$10,082
May 20030026.595.97$0

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.

Feb 2011 — as filed, then multipliedworked
Condensate           300 bbl  × $ 85.64 =    $25,692
Gas                    0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                  $25,692

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. 7C/G/198539 is the state's own key, not one this site invented.