NEAL ESTATE 36

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the BENEDUM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16746District 7CField 07109900OilCasinghead gasSaveExport
Value, all time
$532 k
Sep 2007 – Jun 2010
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
34
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1979-07-21
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

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
OilDisposition5,547 bbl$470,028
Casinghead gasProduction8,318 Mcf$61,781
Total$531,810

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 31.3551, -101.8727. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35515, -101.87271 · 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
11,042 ft
1 wells filed one
Completion to plug
2.7 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 11,042 ft.

Completions filed
Sep 2007
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 2.7 years across the 1 well that filed both dates, with the middle half between 2.7 years and 2.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46134287111,042 ftSep 2007May 2010Yes

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 (34)

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

34 months

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 2010145074.365.96$10,782
Dec 20090971.445.48$49
Nov 200918510774.593.75$14,201
Oct 200909072.544.11$370
Sep 2009011765.543.06$359
Aug 200918816867.423.22$13,216
Jul 200918118161.133.46$11,692
Jun 200918018666.163.90$12,633
May 2009018154.743.93$711
Apr 200917417746.773.59$8,773
Mar 200917118242.144.06$7,945
Feb 200917916532.814.63$6,637
Jan 200918119035.865.37$7,511
Dec 2008017337.105.98$1,034
Nov 200824720555.496.86$15,112
Oct 200817522775.246.92$14,738
Sep 2008176173101.767.88$19,273
Aug 2008172277114.228.48$21,996
Jul 2008345263131.0811.39$48,218
Jun 20080295131.3313.03$3,845
May 2008366327123.1711.57$48,865
Apr 2008172337110.3110.45$22,497
Mar 2008178400101.909.66$22,004
Feb 200818639992.538.77$20,710
Jan 200854852890.388.21$53,861
Dec 20075301,03788.337.30$54,387
Nov 20075421,21891.677.29$58,566
Oct 200732660382.856.92$31,183
Sep 2007010375.846.24$643

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.

Jan 2010 — as filed, then multipliedworked
Oil                  145 bbl  × $ 74.36 =    $10,782
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                  $10,782

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/16746 is the state's own key, not one this site invented.