NEAL "A"

Name: NEAL "A" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KEYSTONE ENERGY OIL & GAS, INC. (P-5 458777) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10582District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$257 k

Jan 1993 – Apr 2002

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

112

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	12,920 bbl	$238,130
Casinghead gas	Production	15,165 Mcf	$18,761
Total			$256,892

8,864 Mcf of this lease's gas, across 48 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.

Wells on this lease (2)

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 31.5298, -102.0454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.52981, -102.04538 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,500 ft

2 wells filed one

Completion to plug

9.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 9,500 and 9,500 ft, median 9,500 ft, over the 2 wells that filed a depth.

Completions filed

Feb 1984 – Dec 1984

2 of 2 wells

Plug dates filed

Jun 1986 – Mar 2002

2 of 2 wells

Last completion to plug: a median of 9.8 years across the 2 wells that filed both dates, with the middle half between 6.1 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46132285	1A	9,500 ft	Dec 1984	Mar 2002	Yes
42-46132122	1	9,500 ft	Feb 1984	Jun 1986	Yes

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 (112)

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

112 months


Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	30	0	18.07	2.41	$542
Oct 2001	75	0	19.78	2.53	$1,484
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	188	58	24.87	3.05	$4,853
Jul 2001	184	53	23.93	3.20	$4,573
Jun 2001	0	68	24.56	3.82	$260
May 2001	172	121	25.52	4.31	$4,911
Apr 2001	0	71	24.68	5.34	$379
Mar 2001	181	49	24.54	5.38	$4,705
Feb 2001	0	59	27.75	5.77	$340
Jan 2001	177	66	27.47	8.40	$5,417
Dec 2000	181	96	26.88	9.12	$5,741
Nov 2000	0	54	32.21	5.66	$306
Oct 2000	0	49	31.23	5.15	$252
Sep 2000	169	92	31.87	5.19	$5,863
Aug 2000	0	76	29.64	4.54	$345
Jul 2000	165	134	28.53	4.09	$5,255
Jun 2000	186	140	29.30	4.40	$6,065
May 2000	0	151	27.26	3.68	$556
Apr 2000	180	159	24.51	3.12	$4,907
Mar 2000	179	164	28.42	2.86	$5,556
Feb 2000	1	100	27.62	2.73	$300
Jan 2000	363	193	25.27	2.48	$9,652
Dec 1999	1	56	24.28	2.42	$160
Nov 1999	190	113	23.19	2.43	$4,681
Oct 1999	0	7	20.98	2.80	$20
Sep 1999	0	91	21.75	2.62	$238
Aug 1999	2	151	19.26	2.88	$473
Jul 1999	188	182	17.89	2.37	$3,795
Jun 1999	187	109	15.94	2.36	$3,238
May 1999	0	93	15.79	2.32	$216
Apr 1999	190	103	15.10	2.21	$3,096
Mar 1999	0	38	12.47	1.84	$70
Feb 1999	189	76	9.98	1.82	$2,024
Jan 1999	0	107	10.38	1.90	$203
Dec 1998	186	78	9.20	1.77	$1,850
Nov 1998	0	116	10.89	2.19	$254
Oct 1998	194	137	12.42	1.97	$2,679
Sep 1998	0	103	12.59	2.08	$215
Aug 1998	187	122	11.30	1.91	$2,346
Jul 1998	191	149	11.74	2.24	$2,576
Jun 1998	0	38	11.24	2.24	$85
May 1998	186	113	12.62	2.21	$2,597
Apr 1998	0	117	13.04	2.51	$293
Mar 1998	188	148	12.80	2.31	$2,748
Feb 1998	0	76	13.95	2.30	$175
Jan 1998	194	74	14.70	2.15	$3,011
Dec 1997	0	151	16.32	2.41	$364
Nov 1997	189	149	18.19	3.09	$3,898
Oct 1997	190	166	19.25	3.15	$4,180
Sep 1997	187	138	17.74	2.95	$3,725
Aug 1997	0	187	17.86	2.55	$478
Jul 1997	186	176	17.58	2.25	$3,665
Jun 1997	0	141	17.24	2.26	$318
May 1997	190	168	18.97	2.31	$3,992
Apr 1997	0	160	17.88	2.08	$333
Mar 1997	189	172	18.95	1.94	$3,915
Feb 1997	198	151	20.49	2.21	$4,390
Jan 1997	0	192	23.48	3.54	$680
Dec 1996	195	168	23.32	—	$4,547
Nov 1996	0	177	21.97	—	$0
Oct 1996	181	177	23.31	—	$4,219
Sep 1996	190	158	22.22	—	$4,222
Aug 1996	3	191	20.26	—	$61
Jul 1996	183	176	19.55	—	$3,578
Jun 1996	186	178	18.73	—	$3,484
May 1996	0	193	19.43	—	$0
Apr 1996	171	123	21.51	—	$3,678
Mar 1996	180	164	19.38	—	$3,488
Feb 1996	0	157	16.98	—	$0
Jan 1996	178	175	17.07	—	$3,038
Dec 1995	182	168	17.19	—	$3,129
Nov 1995	187	159	16.00	—	$2,992
Oct 1995	0	171	15.43	—	$0
Sep 1995	179	160	16.18	—	$2,896
Aug 1995	181	188	15.92	—	$2,882
Jul 1995	0	176	15.24	—	$0
Jun 1995	176	179	16.41	—	$2,888
May 1995	189	181	17.56	—	$3,319
Apr 1995	189	140	17.73	—	$3,351
Mar 1995	0	178	16.44	—	$0
Feb 1995	190	161	16.58	—	$3,150
Jan 1995	190	179	15.92	—	$3,025
Dec 1994	0	182	15.03	—	$0
Nov 1994	179	168	15.90	—	$2,846
Oct 1994	180	170	15.58	—	$2,804
Sep 1994	0	131	15.29	—	$0
Aug 1994	181	211	16.13	—	$2,920
Jul 1994	120	206	17.56	—	$2,107
Jun 1994	187	195	17.09	—	$3,196
May 1994	176	148	15.88	—	$2,795
Apr 1994	0	166	14.14	—	$0
Mar 1994	367	199	12.46	—	$4,573
Feb 1994	0	183	12.50	—	$0
Jan 1994	358	186	12.66	—	$4,532
Dec 1993	0	199	12.33	—	$0
Nov 1993	0	195	14.49	—	$0
Oct 1993	147	218	15.85	—	$2,330
Sep 1993	175	230	15.03	—	$2,630
Aug 1993	187	255	15.66	—	$2,928
Jul 1993	184	256	15.46	—	$2,845
Jun 1993	187	238	16.79	—	$3,140
May 1993	188	259	17.68	—	$3,324
Apr 1993	180	199	18.05	—	$3,249
Mar 1993	191	258	18.14	—	$3,465
Feb 1993	380	305	17.90	—	$6,802
Jan 1993	190	30	16.93	—	$3,217

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.

Nov 2001 — as filed, then multipliedworked

Oil                   30 bbl  × $ 18.07 =       $542
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                     $542

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/O/10582 is the state's own key, not one this site invented.