NEAL RANCH "56"

Operated by COG OPERATING LLC (P-5 166150) 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 16698District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$45.1 M
Sep 2008 – May 2026
Value, last 12 filed months
$831 k
at the published price for each month
Months reported
213
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.

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
OilDisposition565,871 bbl$41,693,769
Casinghead gasProduction983,775 Mcf$3,382,341
Total$45,076,110

Wells on this lease (8)

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 31.4976, -102.0558. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.49752, -102.05517 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
10,668 ft
8 wells filed one
Completion to plug
15.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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

Total depth in feet, 8 of 8 wells. Median 10,668 ft, with the middle half between 10,660 and 10,823 ft; the shallowest is 10,616 ft and the deepest 10,864 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Oct 2009 – Sep 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2009 – Sep 2014
8 of 8 wells
Plug dates filed
Aug 2025
1 of 8 wells; 7 filed none

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-461388061210,830 ftSep 2014
42-461387671410,864 ftJun 2013
42-46137634210,820 ftJan 2012
42-46137054410,665 ftFeb 2011
42-46136968310,645 ftDec 2010
42-46136864710,665 ftOct 2010
42-46136627810,616 ftMay 2010Aug 2025Yes
42-46135765110,670 ftOct 2009

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 (213)

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

213 months

May 20269503,785106.413.05$112,618
Apr 20268603,62498.932.87$95,480
Mar 20266982,29289.753.15$69,864
Feb 20268443,02763.503.75$64,946
Jan 20267472,81159.138.00$66,652
Dec 20259223,00756.664.41$65,511
Nov 20259593,10858.593.93$68,391
Oct 20251,0473,87059.383.30$74,961
Sep 20256303,15862.743.08$49,243
Aug 20259532,21763.933.01$67,609
Jul 20256411,61666.743.32$48,138
Jun 20256241,92766.483.13$47,513
May 20257561,46760.553.23$50,518
Apr 20259211,57562.363.54$63,014
Mar 20251,1893,72567.704.27$96,395
Feb 20251,0174,04170.884.34$89,626
Jan 20251,2846,27974.324.28$122,293
Dec 20241,4936,22568.993.12$122,433
Nov 20241,5673,82069.052.20$116,599
Oct 20241,8263,30871.372.28$137,868
Sep 20242,1453,82269.612.36$158,350
Aug 20242,1795,31075.632.06$175,756
Jul 20242,1876,13179.932.15$187,968
Jun 20242,1736,41378.082.63$186,560
May 20242,259078.812.20$178,032
Apr 20242,1205,15884.451.66$187,592
Mar 20242,6895,64480.301.55$224,647
Feb 20242,2353,29576.091.78$175,938
Jan 20242,5761,56073.023.30$193,244
Dec 20232,0691,66871.262.61$151,792
Nov 20231,5181,12077.892.81$121,381
Oct 20232,6943,52385.443.09$241,052
Sep 20232,2802,92189.042.74$211,000
Aug 20232,5184,02780.522.67$213,513
Jul 20232,4656,03574.852.64$200,449
Jun 20232,4503,32568.962.26$176,461
May 20231,2122,97670.622.23$92,220
Apr 20232,1364,08978.122.24$176,015
Mar 20232,4603,33872.852.39$187,199
Feb 20232,5053,53175.112.47$196,857
Jan 20232,6783,74276.533.39$217,624
Dec 20222,6321,98076.415.73$212,455
Nov 20221,19286085.005.65$106,176
Oct 20221,8482,13787.185.86$173,640
Sep 20221,8462,97884.888.16$181,000
Aug 20222,0773,23894.529.13$225,872
Jul 20221,5681,973101.587.54$174,158
Jun 20221,9872,844115.097.98$251,371
May 20222,1083,729109.378.43$261,999
Apr 20221,9693,335104.226.84$228,013
Mar 20221,0701,624108.885.08$124,746
Feb 202255144991.054.86$52,350
Jan 202281675381.844.54$70,198
Dec 202126071.323.90$1,854
Nov 202137580677.435.24$33,257
Oct 20218411,20079.795.71$73,960
Sep 20211,9693,67769.865.35$157,230
Aug 20213971,75166.024.22$33,600
Jul 20212,0103,18370.783.98$154,943
Jun 20212,1343,85069.493.38$161,307
May 20212,1612,62163.483.02$145,090
Apr 20212,3482,28360.362.76$148,023
Mar 20212,4081,53661.302.72$151,784
Feb 202164585757.805.55$42,036
Jan 20212,1742,43850.412.81$116,443
Dec 20201,8832,20344.642.68$89,951
Nov 20201,6811,89738.772.71$70,307
Oct 20202,3587,87636.972.48$106,695
Sep 20201,3732,47637.091.99$55,854
Aug 20201,5652,67239.982.39$68,942
Jul 20201,5282,75838.371.83$63,663
Jun 20201,7802,62734.901.69$66,562
May 20201,1432,33116.921.81$23,570
Apr 20201,5692,82114.751.80$28,233
Mar 20201,7062,85430.341.86$57,058
Feb 20201,4842,89849.881.98$79,762
Jan 20201,9923,38957.252.09$121,141
Dec 20191,8343,63659.012.30$116,603
Nov 20191,9843,84855.302.75$120,300
Oct 20191,8483,54753.472.42$107,391
Sep 20191,9454,45155.052.66$118,900
Aug 20192,1913,54453.112.30$124,531
Jul 20191,8604,00756.272.46$114,520
Jun 20191,6933,24252.782.49$97,433
May 20191,8213,65558.482.74$116,508
Apr 20191,9513,94462.632.75$133,040
Mar 20192,1035,34956.803.06$135,830
Feb 20192,3204,63650.852.79$130,917
Jan 20193,2345,69346.033.23$167,239
Dec 20182,4144,14046.594.19$129,796
Nov 20182,3963,98252.934.24$143,693
Oct 20182,5423,79861.443.40$169,086
Sep 20182,0942,84559.543.11$133,519
Aug 20182,1832,76259.403.07$138,140
Jul 20182,3513,07665.142.93$162,163
Jun 20182,2982,70860.183.08$146,626
May 20182,1862,53065.382.90$150,260
Apr 20182,2104,14363.842.90$153,104
Mar 20182,4334,36761.222.79$161,118
Feb 20182,4034,00561.782.77$159,536
Jan 20182,6013,37162.874.01$177,040
Dec 20172,6863,97757.272.92$165,446
Nov 20172,4964,24455.423.12$151,563
Oct 20172,3373,62749.292.98$126,013
Sep 20172,2333,21147.523.09$116,025
Aug 20171,9902,80045.373.00$98,699
Jul 20171,7313,03043.873.09$85,293
Jun 20172,1584,26042.493.09$104,845
May 20172,5274,75145.373.26$130,154
Apr 20172,8296,26947.933.21$155,727
Mar 20172,5936,30146.772.98$140,075
Feb 20172,4863,90050.452.95$136,934
Jan 20172,6994,88549.413.42$150,058
Dec 20162,2774,84148.763.72$129,049
Nov 20162,0915,55642.492.64$103,539
Oct 20161,8084,50946.193.09$97,446
Sep 20162,2863,96741.553.10$107,284
Aug 20163,2644,61741.442.92$148,762
Jul 20163,0985,37341.622.92$144,651
Jun 20162,7375,18645.352.69$138,052
May 20163,6965,61942.521.99$168,342
Apr 20163,8885,41236.561.99$152,921
Mar 20163,3945,74333.011.79$122,339
Feb 20163,2765,64126.472.06$98,357
Jan 20164,2156,18127.352.36$129,894
Dec 20155,1276,83632.362.00$179,591
Nov 20154,4046,82438.792.17$185,621
Oct 20153,7657,74643.552.43$182,762
Sep 20153,57710,17842.992.76$181,850
Aug 20152,87611,56840.162.87$148,729
Jul 20152,4816,07348.152.95$137,346
Jun 20153,0395,55756.152.88$186,660
May 20152,7226,48255.212.96$169,439
Apr 20153,2087,00249.822.71$178,774
Mar 20153,50310,47042.892.93$180,970
Feb 20154,57111,00044.662.98$236,879
Jan 20156,37813,14043.433.10$317,739
Dec 20145,14111,61154.693.59$322,861
Nov 20144,54014,48470.464.25$381,472
Oct 20146,45513,23678.303.90$557,060
Sep 20144,08210,51086.164.05$394,223
Aug 20144,18010,48589.394.04$415,958
Jul 20144,0449,82996.564.18$431,570
Jun 20143,1138,33898.164.74$345,068
May 20143,76210,08194.734.73$404,023
Apr 20144,85310,92595.944.81$518,136
Mar 20144,5299,52295.895.06$482,437
Feb 20143,9847,57597.406.19$434,946
Jan 20144,6408,26290.404.86$459,615
Dec 20134,0097,08991.824.35$398,975
Nov 20133,9847,10888.853.74$380,550
Oct 20134,8998,18997.423.78$508,210
Sep 20133,7008,359104.113.72$416,284
Aug 20134,4609,064104.253.52$496,884
Jul 20136,42112,735102.523.72$705,626
Jun 20134,6058,66094.403.93$468,775
May 20134,0208,10294.834.15$414,832
Apr 20134,1017,41793.964.28$417,094
Mar 20134,0308,93093.623.91$412,231
Feb 20133,7406,82891.233.42$364,551
Jan 20133,5086,50891.603.42$343,590
Dec 20124,4287,55186.773.42$410,043
Nov 20124,3727,30686.953.62$406,629
Oct 20125,4558,69389.383.40$517,121
Sep 20124,1978,10594.672.92$420,984
Aug 20124,9928,72892.662.91$487,941
Jul 20125,3317,66585.133.02$476,982
Jun 20124,5708,83879.822.52$387,041
May 20126,3269,54291.612.49$603,268
Apr 20126,3709,025101.652.00$665,532
Mar 20126,0395,862105.052.22$647,423
Feb 20126,0737,418101.102.57$633,046
Jan 20126,1608,15198.092.73$626,520
Dec 20115,6678,06596.873.24$575,091
Nov 20115,6609,35295.723.31$572,742
Oct 20115,66910,48884.983.65$520,018
Sep 20116,01810,55283.623.99$545,283
Aug 20114,5188,85683.404.15$413,548
Jul 20116,44110,66894.144.52$654,546
Jun 20116,26610,09992.904.64$628,970
May 20117,3439,50998.134.40$762,454
Apr 20118,0108,027105.964.33$883,523
Mar 20116,6775,81596.364.06$666,989
Feb 20114,9893,63985.644.18$442,469
Jan 20116,9455,03286.504.59$623,833
Dec 20105,2874,35685.734.35$472,193
Nov 20102,8792,14880.843.80$240,891
Oct 20102,5411,83278.103.51$204,880
Sep 20103,0282,68972.633.98$230,624
Aug 20102,7081,00773.684.42$203,976
Jul 20102,5641,35572.554.74$192,436
Jun 20102,8821,78170.364.91$211,523
May 20102,3981,55471.124.24$177,127
Apr 201092282081.694.12$78,699
Mar 20101,09056978.394.39$87,942
Feb 201092179173.585.44$72,072
Jan 20101,1111,00574.365.96$88,608
Dec 20091,9991,84071.445.48$152,899
Nov 20092,3712,17674.593.75$185,016
Oct 20091,8231,51872.544.11$138,480
Sep 200903265.543.06$98
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$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.

May 2026 — as filed, then multipliedworked
Oil                  950 bbl  × $106.41 =   $101,090
Casinghead gas     3,785 Mcf  × $  3.05 =    $11,529

────────────────────────────────────────────────────
Month total                                 $112,618

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/16698 is the state's own key, not one this site invented.