NEAL 98A

Name: NEAL 98A lease production and value, Feb 2009 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SUMMIT PETROLEUM LLC (P-5 829221) 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 16871District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$8.0 M

Feb 2009 – Jan 2023

Value, last 12 filed months

at the published price for each month

Months reported

168

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.”

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	90,450 bbl	$6,647,399
Casinghead gas	Production	394,327 Mcf	$1,358,268
Total			$8,005,667

Wells on this lease (5)

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 31.4031, -101.9116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 64.2 miles, so treat it as the lease's centre and not as its location.

31.31164, -101.58773 · 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%

5 of 5 wells

With a plug date

80.0%

4 of 5 wells

Median depth

10,432 ft

5 wells filed one

Completion to plug

10.9 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

480.0%

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

480.0%

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 7,840 and 10,705 ft, median 10,432 ft, over the 5 wells that filed a depth.

Completions filed

Feb 2009 – Aug 2012

5 of 5 wells

Plug dates filed

Sep 2022 – Oct 2022

4 of 5 wells; 1 filed none

Last completion to plug: a median of 10.9 years across the 4 wells that filed both dates, with the middle half between 10.1 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-46137657	4	10,375 ft	Aug 2012	Sep 2022	Yes
42-46137658	3	10,432 ft	Aug 2012	Sep 2022	Yes
42-46137132	2	10,705 ft	Feb 2011	Oct 2022	Yes
42-23534412	701	7,840 ft	Mar 2009	—	Yes
42-46136215	1	10,468 ft	Feb 2009	Oct 2022	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 (168)

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

168 months


Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	89	0	81.84	4.54	$7,284
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	181	514	69.86	5.35	$15,395
Aug 2021	361	1,094	66.02	4.22	$28,451
Jul 2021	1	1,072	70.78	3.98	$4,340
Jun 2021	363	983	69.49	3.38	$28,548
May 2021	182	1,028	63.48	3.02	$14,656
Apr 2021	361	923	60.36	2.76	$24,336
Mar 2021	363	995	61.30	2.72	$24,955
Feb 2021	0	836	57.80	5.55	$4,638
Jan 2021	181	699	50.41	2.81	$11,089
Dec 2020	364	697	44.64	2.68	$18,114
Nov 2020	0	982	38.77	2.71	$2,658
Oct 2020	361	1,320	36.97	2.48	$16,618
Sep 2020	180	1,407	37.09	1.99	$9,478
Aug 2020	358	1,588	39.98	2.39	$18,100
Jul 2020	356	1,371	38.37	1.83	$16,162
Jun 2020	541	1,095	34.90	1.69	$20,732
May 2020	0	437	16.92	1.81	$793
Apr 2020	362	928	14.75	1.80	$7,014
Mar 2020	179	912	30.34	1.86	$7,124
Feb 2020	187	864	49.88	1.98	$11,039
Jan 2020	374	941	57.25	2.09	$23,383
Dec 2019	0	886	59.01	2.30	$2,042
Nov 2019	366	988	55.30	2.75	$22,957
Oct 2019	179	909	53.47	2.42	$11,770
Sep 2019	185	327	55.05	2.66	$11,053
Aug 2019	0	93	53.11	2.30	$214
Jul 2019	160	184	56.27	2.46	$9,456
Jun 2019	337	385	52.78	2.49	$18,746
May 2019	0	639	58.48	2.74	$1,751
Apr 2019	183	273	62.63	2.75	$12,212
Mar 2019	339	1,018	56.80	3.06	$22,372
Feb 2019	181	300	50.85	2.79	$10,042
Jan 2019	0	312	46.03	3.23	$1,007
Dec 2018	0	391	46.59	4.19	$1,637
Nov 2018	345	1,805	52.93	4.24	$25,909
Oct 2018	0	1,865	61.44	3.40	$6,337
Sep 2018	694	2,863	59.54	3.11	$50,219
Aug 2018	0	1,896	59.40	3.07	$5,814
Jul 2018	183	2,696	65.14	2.93	$19,825
Jun 2018	353	3,674	60.18	3.08	$32,548
May 2018	350	3,964	65.38	2.90	$34,382
Apr 2018	520	3,803	63.84	2.90	$44,229
Mar 2018	0	2,836	61.22	2.79	$7,903
Feb 2018	522	2,019	61.78	2.77	$37,834
Jan 2018	530	2,334	62.87	4.01	$42,679
Dec 2017	720	2,302	57.27	2.92	$47,960
Nov 2017	358	1,949	55.42	3.12	$25,918
Oct 2017	360	2,657	49.29	2.98	$25,672
Sep 2017	337	2,501	47.52	3.09	$23,736
Aug 2017	372	1,959	45.37	3.00	$22,763
Jul 2017	358	3,110	43.87	3.09	$25,307
Jun 2017	347	3,227	42.49	3.09	$24,707
May 2017	506	3,131	45.37	3.26	$33,175
Apr 2017	344	3,155	47.93	3.21	$26,621
Mar 2017	520	3,024	46.77	2.98	$33,343
Feb 2017	699	2,663	50.45	2.95	$43,127
Jan 2017	357	1,836	49.41	3.42	$23,916
Dec 2016	355	1,632	48.76	3.72	$23,385
Nov 2016	354	2,257	42.49	2.64	$21,010
Oct 2016	524	3,295	46.19	3.09	$34,386
Sep 2016	871	2,877	41.55	3.10	$45,111
Aug 2016	349	3,336	41.44	2.92	$24,218
Jul 2016	346	2,394	41.62	2.92	$21,401
Jun 2016	350	2,126	45.35	2.69	$21,583
May 2016	349	2,992	42.52	1.99	$20,797
Apr 2016	690	4,345	36.56	1.99	$33,877
Mar 2016	857	3,840	33.01	1.79	$35,179
Feb 2016	1,228	3,065	26.47	2.06	$38,830
Jan 2016	175	2,458	27.35	2.36	$10,598
Dec 2015	1,149	3,032	32.36	2.00	$43,250
Nov 2015	527	1,787	38.79	2.17	$24,315
Oct 2015	513	2,489	43.55	2.43	$28,381
Sep 2015	352	2,305	42.99	2.76	$21,491
Aug 2015	346	2,003	40.16	2.87	$19,649
Jul 2015	680	2,150	48.15	2.95	$39,074
Jun 2015	353	2,156	56.15	2.88	$26,036
May 2015	353	3,208	55.21	2.96	$28,970
Apr 2015	1,014	2,675	49.82	2.71	$57,758
Mar 2015	684	3,095	42.89	2.93	$38,420
Feb 2015	694	2,871	44.66	2.98	$39,539
Jan 2015	353	2,249	43.43	3.10	$22,304
Dec 2014	355	2,395	54.69	3.59	$28,016
Nov 2014	349	2,203	70.46	4.25	$33,957
Oct 2014	359	2,976	78.30	3.90	$39,719
Sep 2014	1,057	3,343	86.16	4.05	$104,595
Aug 2014	706	4,052	89.39	4.04	$79,460
Jul 2014	1,046	3,705	96.56	4.18	$116,487
Jun 2014	535	3,507	98.16	4.74	$69,128
May 2014	936	3,460	94.73	4.73	$105,021
Apr 2014	526	3,145	95.94	4.81	$65,589
Mar 2014	881	3,293	95.89	5.06	$101,131
Feb 2014	355	2,840	97.40	6.19	$52,162
Jan 2014	536	3,840	90.40	4.86	$67,120
Dec 2013	564	3,062	91.82	4.35	$65,120
Nov 2013	539	3,795	88.85	3.74	$62,077
Oct 2013	892	4,492	97.42	3.78	$103,876
Sep 2013	362	4,416	104.11	3.72	$54,105
Aug 2013	869	5,253	104.25	3.52	$109,098
Jul 2013	1,077	5,708	102.52	3.72	$131,635
Jun 2013	906	5,390	94.40	3.93	$106,727
May 2013	1,067	6,219	94.83	4.15	$126,987
Apr 2013	1,263	6,529	93.96	4.28	$146,633
Mar 2013	1,280	7,173	93.62	3.91	$147,901
Feb 2013	1,266	6,606	91.23	3.42	$138,089
Jan 2013	1,721	7,930	91.60	3.42	$184,763
Dec 2012	2,187	9,056	86.77	3.42	$220,739
Nov 2012	2,877	7,366	86.95	3.62	$276,857
Oct 2012	3,052	9,233	89.38	3.40	$304,177
Sep 2012	1,648	6,154	94.67	2.92	$173,976
Aug 2012	603	3,535	92.66	2.91	$66,154
Jul 2012	215	3,384	85.13	3.02	$28,525
Jun 2012	900	3,054	79.82	2.52	$79,531
May 2012	215	3,394	91.61	2.49	$28,142
Apr 2012	557	3,434	101.65	2.00	$63,476
Mar 2012	739	3,376	105.05	2.22	$85,134
Feb 2012	561	2,647	101.10	2.57	$63,521
Jan 2012	742	2,675	98.09	2.73	$80,096
Dec 2011	744	2,842	96.87	3.24	$81,279
Nov 2011	713	3,203	95.72	3.31	$78,854
Oct 2011	891	3,924	84.98	3.65	$90,034
Sep 2011	1,053	3,996	83.62	3.99	$103,979
Aug 2011	1,221	4,176	83.40	4.15	$119,159
Jul 2011	1,394	4,335	94.14	4.52	$150,813
Jun 2011	1,230	3,555	92.90	4.64	$130,762
May 2011	2,088	5,988	98.13	4.40	$231,272
Apr 2011	3,005	4,399	105.96	4.33	$337,472
Mar 2011	700	1,980	96.36	4.06	$75,486
Feb 2011	173	939	85.64	4.18	$18,741
Jan 2011	484	1,129	86.50	4.59	$47,047
Dec 2010	345	1,016	85.73	4.35	$33,994
Nov 2010	344	914	80.84	3.80	$31,278
Oct 2010	343	1,324	78.10	3.51	$31,434
Sep 2010	481	1,458	72.63	3.98	$40,737
Aug 2010	344	985	73.68	4.42	$29,699
Jul 2010	0	1,061	72.55	4.74	$5,025
Jun 2010	679	1,039	70.36	4.91	$52,876
May 2010	172	1,436	71.12	4.24	$18,314
Apr 2010	342	832	81.69	4.12	$31,368
Mar 2010	168	1,397	78.39	4.39	$19,300
Feb 2010	503	1,676	73.58	5.44	$46,132
Jan 2010	649	1,666	74.36	5.96	$58,196
Dec 2009	492	1,554	71.44	5.48	$43,670
Nov 2009	517	1,631	74.59	3.75	$44,682
Oct 2009	678	1,690	72.54	4.11	$56,128
Sep 2009	511	1,449	65.54	3.06	$37,932
Aug 2009	681	1,735	67.42	3.22	$51,497
Jul 2009	689	1,751	61.13	3.46	$48,185
Jun 2009	860	2,420	66.16	3.90	$66,324
May 2009	1,202	3,630	54.74	3.93	$80,048
Apr 2009	1,735	5,339	46.77	3.59	$100,300
Mar 2009	1,576	1,921	42.14	4.06	$74,210
Feb 2009	185	0	32.81	4.63	$6,070

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 2022 — as filed, then multipliedworked

Oil                   89 bbl  × $ 81.84 =     $7,284
Casinghead gas         0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $7,284

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/16871 is the state's own key, not one this site invented.