NEAL

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) 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 11228District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$804 k
Jan 1993 – May 2018
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
305
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
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
OilDisposition17,711 bbl$586,265
Casinghead gasProduction70,563 Mcf$217,413
Total$803,678

15,277 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 (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 31.4214, -101.8949. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42137, -101.89488 · 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
100.0%
1 of 1 wells
Median depth
8,640 ft
1 wells filed one
Completion to plug
31.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,640 ft.

Completions filed
Nov 1984
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 31.8 years across the 1 well that filed both dates, with the middle half between 31.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613226818,640 ftNov 1984Aug 2016Yes

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 (305)

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

305 months

May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20181061.222.79$61
Feb 20185061.782.77$309
Jan 20185062.874.01$314
Dec 20175057.272.92$286
Nov 20175055.423.12$277
Oct 20175049.292.98$246
Sep 20175047.523.09$238
Aug 20175045.373.00$227
Jul 20175043.873.09$219
Jun 20175042.493.09$212
May 20175045.373.26$227
Apr 20175047.933.21$240
Mar 20175046.772.98$234
Feb 20175050.452.95$252
Jan 20175049.413.42$247
Dec 20165048.763.72$244
Nov 20165042.492.64$212
Oct 20165046.193.09$231
Sep 20165041.553.10$208
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20122086.953.62$174
Oct 20125089.383.40$447
Sep 20125094.672.92$473
Aug 20125092.662.91$463
Jul 20125085.133.02$426
Jun 20125079.822.52$399
May 20125091.612.49$458
Apr 201250101.652.00$508
Mar 201250105.052.22$525
Feb 201250101.102.57$506
Jan 20125098.092.73$490
Dec 20115096.873.24$484
Nov 20115095.723.31$479
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20117094.144.52$659
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011082105.964.33$355
Mar 2011012496.364.06$503
Feb 201118611785.644.18$16,418
Jan 2011013586.504.59$619
Dec 2010113785.734.35$681
Nov 201017013580.843.80$14,255
Oct 2010114678.103.51$590
Sep 2010014972.633.98$593
Aug 201016514973.684.42$12,816
Jul 2010016272.554.74$767
Jun 2010114470.364.91$777
May 201017515971.124.24$13,119
Apr 201019681.694.12$477
Mar 2010214578.394.39$793
Feb 201016812473.585.44$13,036
Jan 2010212074.365.96$864
Dec 2009013971.445.48$762
Nov 200917813974.593.75$13,798
Oct 2009014872.544.11$608
Sep 2009114465.543.06$507
Aug 200916516067.423.22$11,639
Jul 2009115961.133.46$612
Jun 2009114466.163.90$627
May 200916614854.743.93$9,668
Apr 2009114646.773.59$571
Mar 2009114242.144.06$619
Feb 200916912832.814.63$6,138
Jan 2009012135.865.37$650
Dec 200816911937.105.98$6,981
Nov 2008013155.496.86$899
Oct 2008214375.246.92$1,140
Sep 200817469101.767.88$18,250
Aug 20081146114.228.48$1,353
Jul 20080142131.0811.39$1,617
Jun 2008169106131.3313.03$23,576
May 20080160123.1711.57$1,852
Apr 2008173153110.3110.45$20,683
Mar 20081148101.909.66$1,532
Feb 2008012792.538.77$1,114
Jan 200817014190.388.21$16,522
Dec 2007314188.337.30$1,295
Nov 200717813291.677.29$17,280
Oct 200717213182.856.92$15,157
Sep 2007010875.846.24$674
Aug 200717510969.066.39$12,782
Jul 2007114070.906.39$965
Jun 200709362.007.55$702
May 200701058.747.85$78
Apr 200717611759.617.81$11,405
Mar 200718956.927.30$707
Feb 200706255.108.22$509
Jan 20071850.306.73$104
Dec 200632556.656.92$343
Nov 200618010154.207.62$10,525
Oct 2006212854.906.01$880
Sep 2006013360.085.04$670
Aug 2006115768.717.34$1,221
Jul 200617910269.376.34$13,064
Jun 2006015966.286.38$1,015
May 2006013866.016.42$887
Apr 200618216764.397.36$12,948
Mar 2006014456.707.08$1,020
Feb 200605757.597.75$442
Jan 20060560.598.93$45
Dec 20051724054.9413.42$9,986
Nov 2005013354.6910.59$1,408
Oct 2005215458.3413.80$2,241
Sep 200516817261.4512.08$12,401
Aug 2005015961.519.80$1,558
Jul 2005015855.697.84$1,239
Jun 200516215852.337.38$9,644
May 2005014445.226.65$958
Apr 2005014249.207.36$1,045
Mar 200517416350.377.15$9,931
Feb 2005015545.226.31$978
Jan 200518219343.166.32$9,075
Dec 2004013039.866.75$878
Nov 20040145.286.33$6
Oct 200405949.706.52$384
Sep 2004020443.245.28$1,078
Aug 200417824242.375.55$8,885
Jul 2004024738.286.08$1,503
Jun 2004025236.106.43$1,621
May 200418224537.486.49$8,413
Apr 2004023834.475.86$1,394
Mar 2004026634.365.53$1,471
Feb 200418028032.455.51$7,384
Jan 2004027832.036.30$1,751
Dec 2003030330.266.30$1,909
Nov 2003030228.804.60$1,388
Oct 200317134428.174.76$6,454
Sep 2003033126.314.75$1,572
Aug 2003036029.765.13$1,847
Jul 200318631429.415.17$7,094
Jun 2003031128.565.98$1,861
May 2003031226.595.97$1,863
Apr 2003031426.675.41$1,698
Mar 200317132531.146.10$7,306
Feb 2003026433.487.93$2,092
Jan 2003030130.315.58$1,680
Dec 200218230726.914.85$6,388
Nov 2002030724.664.14$1,270
Oct 2002031626.464.23$1,336
Sep 200217831927.443.64$6,044
Aug 2002033825.963.16$1,069
Jul 2002024024.583.06$735
Jun 200217621323.733.34$4,888
May 2002023324.663.58$835
Apr 2002023423.653.51$822
Mar 200217232522.003.10$4,792
Feb 2002030918.222.38$734
Jan 2002037217.172.38$884
Dec 2001037516.932.36$887
Nov 2001038718.072.41$931
Oct 200118043819.782.53$4,668
Sep 2001144824.262.25$1,033
Aug 2001047924.873.05$1,462
Jul 200117840923.933.20$5,567
Jun 2001036724.563.82$1,403
May 2001040325.524.31$1,736
Apr 200117748724.685.34$6,967
Mar 2001048224.545.38$2,591
Feb 200117842927.755.77$7,414
Jan 2001047127.478.40$3,956
Dec 2000046926.889.12$4,278
Nov 200016948832.215.66$8,205
Oct 2000051231.235.15$2,635
Sep 200016851431.875.19$8,020
Aug 2000052729.644.54$2,393
Jul 2000056928.534.09$2,327
Jun 200016656529.304.40$7,348
May 2000059327.263.68$2,182
Apr 200013657524.513.12$5,125
Mar 2000058228.422.86$1,664
Feb 200017054227.622.73$6,173
Jan 200017256225.272.48$5,740
Dec 1999056524.282.42$1,369
Nov 1999059423.192.43$1,446
Oct 199916954420.982.80$5,071
Sep 1999058721.752.62$1,537
Aug 199917662519.262.88$5,187
Jul 1999057417.892.37$1,362
Jun 199917061515.942.36$4,162
May 1999147015.792.32$1,107
Apr 199917262815.102.21$3,984
Mar 1999256012.471.84$1,054
Feb 199926029.981.82$1,114
Jan 199917165310.381.90$3,016
Dec 19981706369.201.77$2,692
Nov 1998065010.892.19$1,421
Oct 199851767612.421.97$7,752
Sep 1998068212.592.08$1,420
Aug 1998073411.301.91$1,400
Jul 1998076311.742.24$1,707
Jun 1998075611.242.24$1,691
May 1998078812.622.21$1,739
Apr 1998074213.042.51$1,859
Mar 199817978512.802.31$4,104
Feb 1998169413.952.30$1,610
Jan 199816273714.702.15$3,969
Dec 199717075116.322.41$4,585
Nov 1997070318.193.09$2,171
Oct 199718575319.253.15$5,933
Sep 1997070817.742.95$2,092
Aug 199716586717.862.55$5,162
Jul 1997075217.582.25$1,690
Jun 199716672117.242.26$4,489
May 1997073418.972.31$1,694
Apr 199715766117.882.08$4,184
Mar 199716870018.951.94$4,541
Feb 1997059520.492.21$1,313
Jan 199716961823.483.54$6,156
Dec 1996062223.32$0
Nov 199616460621.97$3,603
Oct 19966460923.31$1,492
Sep 199615153922.22$3,355
Aug 199618750520.26$3,789
Jul 1996041919.55$0
Jun 199619037818.73$3,559
May 199617639819.43$3,420
Apr 1996019221.51$0
Mar 19961415419.38$2,733
Feb 199615328816.98$2,598
Jan 199617831817.07$3,038
Dec 1995032017.19$0
Nov 199515931516.00$2,544
Oct 199517034415.43$2,623
Sep 199517334216.18$2,799
Aug 199517233215.92$2,738
Jul 199516834515.24$2,560
Jun 1995132116.41$16
May 199516932617.56$2,968
Apr 199516728617.73$2,961
Mar 199516831116.44$2,762
Feb 199516427016.58$2,719
Jan 1995028115.92$0
Dec 199417428915.03$2,615
Nov 199417128315.90$2,719
Oct 199417029315.58$2,649
Sep 199417229415.29$2,630
Aug 19943129516.13$500
Jul 199414734317.56$2,581
Jun 199414232317.09$2,427
May 199417224215.88$2,731
Apr 199416525514.14$2,333
Mar 199417229212.46$2,143
Feb 199417423912.50$2,175
Jan 199417026712.66$2,152
Dec 199316823812.33$2,071
Nov 199317125014.49$2,478
Oct 1993026015.85$0
Sep 199330827115.03$4,629
Aug 199318128015.66$2,834
Jul 1993028215.46$0
Jun 199316827316.79$2,821
May 199317829117.68$3,147
Apr 199317320718.05$3,123
Mar 199318028818.14$3,265
Feb 1993024517.90$0
Jan 199317825616.93$3,014

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.

Mar 2018 — as filed, then multipliedworked
Oil                    1 bbl  × $ 61.22 =        $61
Casinghead gas         0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                      $61

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/11228 is the state's own key, not one this site invented.