NEAL 24 "B"

Operated by PARSLEY ENERGY OPERATIONS, LLC (P-5 642652) 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 11251District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Oct 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
334
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
OilDisposition28,233 bbl$1,089,389
Casinghead gasProduction77,665 Mcf$257,666
Total$1,347,055

20,423 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 31.5784, -102.0263. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57836, -102.02632 · 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
9,310 ft
1 wells filed one
Completion to plug
35.2 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 9,310 ft.

Completions filed
Jan 1985
1 of 1 wells
Plug dates filed
Mar 2020
1 of 1 wells

Last completion to plug: a median of 35.2 years across the 1 well that filed both dates, with the middle half between 35.2 years and 35.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613221519,310 ftJan 1985Mar 2020Yes

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 (334)

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

334 months

Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017013057.272.92$380
Nov 201718011655.423.12$10,337
Oct 2017013649.292.98$406
Sep 201707047.523.09$216
Aug 2017020145.373.00$604
Jul 20171745043.873.09$7,788
Jun 201709342.493.09$287
May 2017017645.373.26$574
Apr 2017016347.933.21$523
Mar 201717818546.772.98$8,877
Feb 2017011250.452.95$331
Jan 201702549.413.42$85
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016012646.193.09$389
Sep 201617414441.553.10$7,676
Aug 2016015041.442.92$439
Jul 2016011341.622.92$330
Jun 2016016045.352.69$430
May 201617914942.521.99$7,908
Apr 2016016336.561.99$325
Mar 2016018133.011.79$325
Feb 201617315926.472.06$4,907
Jan 2016013027.352.36$307
Dec 2015014632.362.00$292
Nov 201517616838.792.17$7,191
Oct 2015012243.552.43$296
Sep 2015013142.992.76$361
Aug 201508240.162.87$236
Jul 201517514848.152.95$8,862
Jun 2015013156.152.88$378
May 201517716755.212.96$10,266
Apr 2015017149.822.71$463
Mar 2015116542.892.93$527
Feb 201518915744.662.98$8,908
Jan 2015017043.433.10$527
Dec 2014017554.693.59$628
Nov 201417715570.464.25$13,130
Oct 2014018778.303.90$729
Sep 2014014886.164.05$599
Aug 201417910489.394.04$16,420
Jul 2014010396.564.18$431
Jun 2014012498.164.74$587
May 20141798594.734.73$17,358
Apr 2014012595.944.81$601
Mar 20141774695.895.06$17,205
Feb 201402397.406.19$142
Jan 20140090.404.86$0
Dec 20131983791.824.35$18,341
Nov 201302788.853.74$101
Oct 2013023497.423.78$884
Sep 2013173161104.113.72$18,610
Aug 20130157104.253.52$553
Jul 2013039102.523.72$145
Jun 201318115694.403.93$17,700
May 2013016994.834.15$701
Apr 201307793.964.28$330
Mar 201318916993.623.91$18,355
Feb 2013014991.233.42$510
Jan 2013015391.603.42$523
Dec 201217614986.773.42$15,781
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012176494.672.92$16,674
Aug 20120892.662.91$23
Jul 20121748685.133.02$15,072
Jun 201205579.822.52$139
May 201202491.612.49$60
Apr 201217336101.652.00$17,657
Mar 2012032105.052.22$71
Feb 2012043101.102.57$111
Jan 2012171098.092.73$16,773
Dec 2011014396.873.24$463
Nov 201116319695.723.31$16,251
Oct 2011018384.983.65$668
Sep 201116216683.623.99$14,208
Aug 2011017783.404.15$734
Jul 201117417294.144.52$17,157
Jun 201104192.904.64$190
May 20111665698.134.40$16,536
Apr 2011073105.964.33$316
Mar 201116213296.364.06$16,146
Feb 2011026185.644.18$1,091
Jan 201116731886.504.59$15,905
Dec 2010034285.734.35$1,487
Nov 201016636780.843.80$14,812
Oct 201015837378.103.51$13,649
Sep 2010010072.633.98$398
Aug 2010179073.684.42$13,189
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200907165.543.06$218
Aug 2009011667.423.22$373
Jul 20091669661.133.46$10,480
Jun 200907366.163.90$284
May 200916811354.743.93$9,640
Apr 200908946.773.59$319
Mar 200918413642.144.06$8,306
Feb 2009011532.814.63$533
Jan 200909135.865.37$489
Dec 200817314037.105.98$7,255
Nov 2008011055.496.86$755
Oct 200804275.246.92$291
Sep 2008336119101.767.88$35,129
Aug 20080119114.228.48$1,009
Jul 20080114131.0811.39$1,298
Jun 2008147111131.3313.03$20,752
May 20080180123.1711.57$2,083
Apr 2008178174110.3110.45$21,454
Mar 20080184101.909.66$1,778
Feb 200818220092.538.77$18,595
Jan 2008019890.388.21$1,625
Dec 2007017488.337.30$1,271
Nov 200718222191.677.29$18,295
Oct 2007023082.856.92$1,592
Sep 200711615175.846.24$9,740
Aug 2007015869.066.39$1,009
Jul 200717420470.906.39$13,640
Jun 2007022162.007.55$1,668
May 2007015258.747.85$1,193
Apr 20078619259.617.81$6,625
Mar 200711720156.927.30$8,127
Feb 2007021855.108.22$1,791
Jan 200715419950.306.73$9,085
Dec 2006018156.656.92$1,252
Nov 200617020254.207.62$10,753
Oct 2006022454.906.01$1,347
Sep 20066522460.085.04$5,034
Aug 20069827268.717.34$8,730
Jul 200617326169.376.34$13,656
Jun 2006028866.286.38$1,839
May 2006023266.016.42$1,491
Apr 200617928264.397.36$13,601
Mar 20067824156.707.08$6,130
Feb 2006026557.597.75$2,054
Jan 20068929060.598.93$7,983
Dec 20058730054.9413.42$8,804
Nov 20059130954.6910.59$8,249
Oct 20057636858.3413.80$9,511
Sep 20057222161.4512.08$7,094
Aug 20058833361.519.80$8,675
Jul 20058533255.697.84$7,338
Jun 20058532752.337.38$6,862
May 20058532945.226.65$6,032
Apr 20058833049.207.36$6,759
Mar 200510131350.377.15$7,327
Feb 200510029045.226.31$6,352
Jan 20056231443.166.32$4,661
Dec 200418030939.866.75$9,261
Nov 2004029645.286.33$1,874
Oct 200412530249.706.52$8,180
Sep 20049328043.245.28$5,501
Aug 200417428942.375.55$8,977
Jul 2004027338.286.08$1,661
Jun 20049331936.106.43$5,409
May 200410331637.486.49$5,913
Apr 200410630934.475.86$5,464
Mar 20048933034.365.53$4,883
Feb 20049526732.455.51$4,554
Jan 20049730032.036.30$4,997
Dec 20038829630.266.30$4,528
Nov 20038328928.804.60$3,718
Oct 20037930228.174.76$3,663
Sep 20038429226.314.75$3,597
Aug 20037227529.765.13$3,553
Jul 20039033329.415.17$4,369
Jun 20038034528.565.98$4,349
May 20038235926.595.97$4,325
Apr 20039132626.675.41$4,190
Mar 20038435631.146.10$4,786
Feb 20035630933.487.93$4,324
Jan 200318733230.315.58$7,521
Dec 20028431526.914.85$3,789
Nov 20029331624.664.14$3,601
Oct 20026933026.464.23$3,221
Sep 20028334127.443.64$3,517
Aug 200211933825.963.16$4,159
Jul 200215136524.583.06$4,829
Jun 20027734323.733.34$2,972
May 20026436724.663.58$2,894
Apr 200217334123.653.51$5,289
Mar 200211633722.003.10$3,598
Feb 20024025918.222.38$1,344
Jan 200215435017.172.38$3,476
Dec 200116828716.932.36$3,523
Nov 2001030018.072.41$722
Oct 200111834919.782.53$3,217
Sep 200110136024.262.25$3,261
Aug 200112038124.873.05$4,148
Jul 20017438323.933.20$2,995
Jun 200115737424.563.82$5,286
May 2001035625.524.31$1,533
Apr 200117138724.685.34$6,285
Mar 200113238624.545.38$5,315
Feb 200118034627.755.77$6,990
Jan 20016138227.478.40$4,884
Dec 20007537326.889.12$5,419
Nov 20007238132.215.66$4,475
Oct 200018041031.235.15$7,731
Sep 20007141131.875.19$4,394
Aug 200016641929.644.54$6,823
Jul 20005744228.534.09$3,434
Jun 200016042229.304.40$6,544
May 20009743627.263.68$4,249
Apr 200018141124.513.12$5,717
Mar 20007442928.422.86$3,330
Feb 20007732027.622.73$2,999
Jan 200016940125.272.48$5,265
Dec 199910140924.282.42$3,444
Nov 199914638523.192.43$4,323
Oct 19996538720.982.80$2,449
Sep 199915041021.752.62$4,336
Aug 19999043219.262.88$2,976
Jul 199915442117.892.37$3,754
Jun 19997734315.942.36$2,038
May 19999127515.792.32$2,075
Apr 199912330115.102.21$2,522
Mar 19996728712.471.84$1,363
Feb 19991232959.981.82$1,764
Jan 199913834610.381.90$2,090
Dec 19982413819.201.77$2,893
Nov 1998038410.892.19$839
Oct 199815840912.421.97$2,768
Sep 199818140812.592.08$3,129
Aug 199817542511.301.91$2,788
Jul 199817943611.742.24$3,077
Jun 1998042011.242.24$940
May 199815842112.622.21$2,923
Apr 19984536713.042.51$1,506
Mar 199818040112.802.31$3,230
Feb 199815136513.952.30$2,946
Jan 19989738314.702.15$2,251
Dec 199712336416.322.41$2,885
Nov 199712738118.193.09$3,487
Oct 19977640419.253.15$2,736
Sep 199722240317.742.95$5,129
Aug 199711249617.862.55$3,267
Jul 199711645617.582.25$3,064
Jun 199719327617.242.26$3,950
May 199711745318.972.31$3,265
Apr 199712043417.882.08$3,050
Mar 199722945418.951.94$5,220
Feb 1997039920.492.21$880
Jan 199725340923.483.54$7,388
Dec 19967640523.32$1,772
Nov 199614440721.97$3,164
Oct 199617242523.31$4,009
Sep 199626241822.22$5,822
Aug 1996044420.26$0
Jul 199613849019.55$2,698
Jun 199613946718.73$2,603
May 199630847819.43$5,984
Apr 1996043121.51$0
Mar 199616436119.38$3,178
Feb 199613641416.98$2,309
Jan 199615643017.07$2,663
Dec 199518242517.19$3,129
Nov 199518241116.00$2,912
Oct 199517343615.43$2,669
Sep 19957742516.18$1,246
Aug 199515945215.92$2,531
Jul 199515546615.24$2,362
Jun 199514444316.41$2,363
May 199516345817.56$2,862
Apr 199514837017.73$2,624
Mar 199516244416.44$2,663
Feb 199516740716.58$2,769
Jan 199516743315.92$2,659
Dec 199416143815.03$2,420
Nov 199416341015.90$2,592
Oct 199416745315.58$2,602
Sep 199416143915.29$2,462
Aug 199416845616.13$2,710
Jul 199416060717.56$2,810
Jun 199416830917.09$2,871
May 199417231115.88$2,731
Apr 199418237514.14$2,573
Mar 199417538812.46$2,181
Feb 199418039012.50$2,250
Jan 199448342412.66$6,115
Dec 1993039312.33$0
Nov 1993039914.49$0
Oct 199318444815.85$2,916
Sep 199318544115.03$2,781
Aug 199318246315.66$2,850
Jul 199317844615.46$2,752
Jun 199317844016.79$2,989
May 199318043617.68$3,182
Apr 199318036018.05$3,249
Mar 199317544218.14$3,175
Feb 199318239017.90$3,258
Jan 199317142516.93$2,895

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.

Dec 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 57.27 =         $0
Casinghead gas       130 Mcf  × $  2.92 =       $380

────────────────────────────────────────────────────
Month total                                     $380

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/11251 is the state's own key, not one this site invented.