NEAL

Operated by SAXUM OPCO, LLC (P-5 103699) 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 17203District 7CField 85279200OilCasinghead gasSave
Value, all time
$455.7 M
Jun 2010 – May 2026
Value, last 12 filed months
$12.4 M
at the published price for each month
Months reported
192
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition6,029,488 bbl$392,354,973
Casinghead gasProduction19,679,327 Mcf$63,302,204
Total$455,657,178

Wells on this lease (65)

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 31.2996, -101.9100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.0 miles.

31.29939, -101.90972 · 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
6.2%
4 of 65 wells
With a plug date
6.2%
4 of 65 wells
Median depth
10,418 ft
65 wells filed one
Completion to plug
4.9 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
46.2%
A plug date is filed
46.2%
BothOn the schedule and plugged. Neither fact cancels the other.
46.2%
NeitherNo plug date, and not on the schedule.
6193.8%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 65 of 65 wells. Median 10,418 ft, with the middle half between 8,789 and 10,485 ft; the shallowest is 950 ft and the deepest 15,100 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

00s
10s

Last completion by decade, 65 of 65 wells, Dec 2004 – Oct 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2004 – Oct 2019
65 of 65 wells
Plug dates filed
Sep 2015 – Apr 2017
4 of 65 wells; 61 filed none

Last completion to plug: a median of 4.9 years across the 4 wells that filed both dates, with the middle half between 4.5 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

65 wells

42-4613762510610,445 ftOct 2019
42-46139877325H8,722 ftJul 2015
42-46139901326H8,707 ftJul 2015
42-461399533214LH9,147 ftJun 2015
42-461397186522SH8,119 ftFeb 2015
42-46139717613H8,830 ftFeb 2015
42-46139719614H8,779 ftFeb 2015
42-46139332658LH9,166 ftOct 2014
42-46139331612H8,820 ftAug 2014
42-46139330611H8,844 ftAug 2014
42-461393461D5,020 ftAug 2014
42-46138966652H8,817 ftJun 2014
42-46139140346AH8,557 ftMay 2014
42-46139050344H8,835 ftMay 2014
42-46139056345H8,778 ftMay 2014
42-46138967653H8,824 ftFeb 2014
42-4613767840810,450 ftJan 2014
42-4613772140510,569 ftJan 2014
42-4613704930510,443 ftJan 2014
42-4613680530310,413 ftJan 2014Feb 2017Yes
42-46138726322H8,776 ftDec 2013
42-46138728324H8,747 ftDec 2013
42-46138727323H8,789 ftDec 2013
42-46138474341AH8,492 ftOct 2013
42-46138482343H8,812 ftOct 2013
42-461389054WS966 ftOct 2013
42-46138485342H8,834 ftSep 2013
42-461389065WS966 ftSep 2013
42-4613705010310,473 ftSep 2013
42-4613654430110,391 ftJul 2013
42-4613709520310,450 ftJul 2013
42-4613780530710,449 ftJul 2013
42-4613655910210,384 ftJul 2013
42-4613677160210,462 ftJul 2013
42-4613716630610,758 ftApr 2013
42-461381492WS960 ftMar 2013
42-461385133WS950 ftMar 2013
42-46138039321H8,701 ftMar 2013
42-46137165404A10,450 ftFeb 2013
42-46138086651H8,815 ftDec 2012
42-4613704840210,487 ftAug 2012
42-461343691C15,100 ftJul 2012
42-461379881WS951 ftJun 2012
42-4613745150510,506 ftMay 2012Apr 2017Yes
42-4613720150610,487 ftApr 2012Mar 2017Yes
42-4613773650910,418 ftMar 2012
42-4613756510910,496 ftJan 2012
42-4613716760610,420 ftJan 2012
42-4613714460510,550 ftNov 2011
42-4613755960810,538 ftNov 2011
42-4613747210810,513 ftNov 2011
42-4613747110510,770 ftSep 2011
42-4613680630410,450 ftAug 2011
42-4613718450310,855 ftAug 2011
42-4613677030210,470 ftAug 2011
42-4613716340310,754 ftJul 2011
42-4613719650410,759 ftJul 2011
42-4613716450210,500 ftMay 2011
42-46136848202A10,421 ftApr 2011
42-4613684720110,453 ftApr 2011
42-4613686260410,450 ftMar 2011
42-4613702350110,452 ftFeb 2011
42-4613681360310,485 ftNov 2010
42-4613654810110,364 ftJun 2010
42-4613466160110,619 ftDec 2004Sep 2015Yes

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 (192)

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

192 months

May 20269,01285,845106.413.05$1,220,437
Apr 202610,09687,67298.932.87$1,250,391
Mar 202610,986100,05289.753.15$1,301,101
Feb 202611,11275,88563.503.75$990,205
Jan 202611,60570,10959.138.00$1,246,930
Dec 202511,75367,36256.664.41$963,218
Nov 202510,20566,36758.593.93$858,497
Oct 202510,80861,93159.383.30$846,451
Sep 202510,14859,60162.743.08$820,073
Aug 202512,87570,26163.933.01$1,034,919
Jul 202510,47663,97066.743.32$911,242
Jun 202511,38967,85866.483.13$969,449
May 202511,67262,46960.553.23$908,659
Apr 202512,19573,38062.363.54$1,020,474
Mar 202514,15172,43167.704.27$1,267,181
Feb 202513,32163,07270.884.34$1,217,978
Jan 202511,16064,85474.324.28$1,106,901
Dec 202412,63468,49468.993.12$1,085,415
Nov 202415,92075,03269.052.20$1,264,229
Oct 202412,00968,33571.372.28$1,012,982
Sep 202412,67664,59969.612.36$1,035,112
Aug 202414,66372,49175.632.06$1,258,557
Jul 202415,72864,69679.932.15$1,396,015
Jun 202413,48852,84578.082.63$1,192,336
May 202414,15867,94578.812.20$1,265,165
Apr 202415,82969,77684.451.66$1,452,531
Mar 202416,25965,86080.301.55$1,407,360
Feb 202417,01560,91676.091.78$1,403,324
Jan 202415,43041,68073.023.30$1,264,145
Dec 202314,81037,33471.262.61$1,152,829
Nov 202315,29747,61977.892.81$1,325,177
Oct 202315,58446,37485.443.09$1,474,666
Sep 202314,79247,94289.042.74$1,448,203
Aug 202315,84755,31180.522.67$1,423,840
Jul 202315,43158,29474.852.64$1,309,011
Jun 202315,60154,54568.962.26$1,199,034
May 202316,57561,64770.622.23$1,307,839
Apr 202315,39359,32278.122.24$1,335,250
Mar 202314,87857,57872.852.39$1,221,656
Feb 202316,53650,44875.112.47$1,366,408
Jan 202316,64752,79176.533.39$1,452,836
Dec 202216,12752,33376.415.73$1,532,084
Nov 202214,12650,22485.005.65$1,484,285
Oct 202215,77253,86587.185.86$1,690,854
Sep 202214,99146,09584.888.16$1,648,741
Aug 202214,25852,20694.529.13$1,824,159
Jul 202215,66454,718101.587.54$2,003,837
Jun 202214,58153,672115.097.98$2,106,280
May 202215,25763,748109.378.43$2,206,248
Apr 202215,66554,722104.226.84$2,006,773
Mar 202216,03952,387108.885.08$2,012,264
Feb 202211,77651,81191.054.86$1,323,946
Jan 202212,71457,02981.844.54$1,299,293
Dec 202111,80163,91371.323.90$1,090,852
Nov 202111,07763,48477.435.24$1,190,148
Oct 202113,44777,79779.795.71$1,517,458
Sep 202118,272110,61469.865.35$1,868,369
Aug 202117,913120,32266.024.22$1,690,446
Jul 202119,693132,43270.783.98$1,921,225
Jun 202119,331117,68469.493.38$1,741,156
May 202120,316113,33063.483.02$1,631,652
Apr 202120,100106,13460.362.76$1,505,998
Mar 202121,303104,54561.302.72$1,589,916
Feb 202116,80471,76357.805.55$1,369,409
Jan 202120,12695,20550.412.81$1,282,103
Dec 202020,93399,16044.642.68$1,199,748
Nov 202020,056103,90438.772.71$1,058,795
Oct 202020,95888,98136.972.48$995,350
Sep 202020,52182,23437.091.99$924,855
Aug 202018,50988,26839.982.39$950,518
Jul 202019,43694,34138.371.83$917,943
Jun 202029,371103,11834.901.69$1,199,349
May 202028521,16316.921.81$43,228
Apr 202023,106122,54814.751.80$561,937
Mar 202021,386126,96630.341.86$884,529
Feb 202020,870120,64549.881.98$1,279,954
Jan 202023,989149,20257.252.09$1,685,910
Dec 201925,066162,05359.012.30$1,852,573
Nov 201926,127170,96455.302.75$1,915,094
Oct 201924,223166,62653.472.42$1,698,195
Sep 201926,158165,68555.052.66$1,880,269
Aug 201925,238167,41553.112.30$1,726,175
Jul 201925,560165,32756.272.46$1,844,976
Jun 201921,004163,12252.782.49$1,514,961
May 201925,936197,84258.482.74$2,058,888
Apr 201925,683183,94462.632.75$2,114,501
Mar 201929,684195,51456.803.06$2,284,735
Feb 201923,654173,33850.852.79$1,686,804
Jan 201929,117225,52846.033.23$2,068,300
Dec 201831,430193,01246.594.19$2,272,164
Nov 201828,008173,69952.934.24$2,218,468
Oct 201828,311189,62861.443.40$2,383,799
Sep 201825,902183,86659.543.11$2,113,661
Aug 201830,030223,82159.403.07$2,470,143
Jul 201830,988227,85665.142.93$2,686,605
Jun 201831,612210,17760.183.08$2,549,108
May 201833,991227,25665.382.90$2,881,556
Apr 201835,567243,21663.842.90$2,976,118
Mar 201836,993223,96061.222.79$2,888,852
Feb 201834,856195,27261.782.77$2,693,549
Jan 201835,563174,11162.874.01$2,933,913
Dec 201740,544192,08357.272.92$2,883,129
Nov 201739,991180,38455.423.12$2,778,803
Oct 201737,026153,76449.292.98$2,283,794
Sep 201741,286162,84947.523.09$2,464,671
Aug 201737,841172,30545.373.00$2,234,519
Jul 201737,548185,02543.873.09$2,218,455
Jun 201746,450155,24942.493.09$2,452,958
May 201743,821104,11545.373.26$2,327,928
Apr 201735,41681,26347.933.21$1,958,473
Mar 201733,401112,75846.772.98$1,898,599
Feb 201741,628178,20850.452.95$2,626,310
Jan 201746,792201,39149.413.42$3,000,508
Dec 201648,234168,29548.763.72$2,978,424
Nov 201648,872133,89842.492.64$2,430,644
Oct 201645,542216,85046.193.09$2,773,708
Sep 201656,591252,26141.553.10$3,133,524
Aug 201660,520218,56641.442.92$3,147,110
Jul 201659,026170,29041.622.92$2,954,648
Jun 201657,347126,87945.352.69$2,941,462
May 201655,485138,68442.521.99$2,635,348
Apr 201656,186159,73636.561.99$2,372,201
Mar 201670,933233,97033.011.79$2,761,243
Feb 201665,675173,70726.472.06$2,096,884
Jan 201671,065208,74327.352.36$2,437,171
Dec 201579,314199,28632.362.00$2,965,454
Nov 201577,154207,65038.792.17$3,442,850
Oct 201593,123217,17843.552.43$4,582,506
Sep 2015109,987262,01742.992.76$5,451,094
Aug 2015114,721218,20040.162.87$5,233,973
Jul 2015101,701202,82448.152.95$5,494,236
Jun 201591,533192,21356.152.88$5,693,701
May 201549,02881,56555.212.96$2,947,897
Apr 201590,310142,33649.822.71$4,884,487
Mar 201598,161111,80242.892.93$4,538,232
Feb 201557,704106,37444.662.98$2,893,650
Jan 201568,47977,70743.433.10$3,214,984
Dec 201471,136128,04254.693.59$4,350,273
Nov 201491,504133,48470.464.25$7,014,924
Oct 201489,400132,46078.303.90$7,516,741
Sep 2014100,006134,79186.164.05$9,161,806
Aug 201476,39197,40989.394.04$7,221,648
Jul 201462,840101,83496.564.18$6,493,456
Jun 201482,735122,34698.164.74$8,700,806
May 201488,038106,40194.734.73$8,842,750
Apr 201482,69099,13795.944.81$8,410,040
Mar 201463,466116,32795.895.06$6,673,997
Feb 201478,923118,70397.406.19$8,422,109
Jan 201480,988123,88690.404.86$7,923,490
Dec 201366,62577,64491.824.35$6,455,607
Nov 201353,12471,80688.853.74$4,988,498
Oct 201331,43256,41397.423.78$3,275,310
Sep 201338,75774,667104.113.72$4,312,584
Aug 201334,18166,301104.253.52$3,796,922
Jul 201341,76898,757102.523.72$4,649,208
Jun 201346,82575,89094.403.93$4,718,786
May 201328,41351,59694.834.15$2,908,481
Apr 201329,45650,30793.964.28$2,983,130
Mar 201326,77753,65293.623.91$2,716,796
Feb 201328,83852,76991.233.42$2,811,356
Jan 201323,71250,29791.603.42$2,344,030
Dec 201229,58567,98986.773.42$2,799,624
Nov 201234,51882,76986.953.62$3,301,374
Oct 201247,67899,18989.383.40$4,598,671
Sep 201231,25464,06094.672.92$3,145,769
Aug 201237,65473,63792.662.91$3,703,168
Jul 201235,79868,45385.133.02$3,254,267
Jun 201227,37456,23579.822.52$2,326,651
May 201227,18651,66591.612.49$2,619,069
Apr 201225,34940,982101.652.00$2,658,559
Mar 201216,00043,756105.052.22$1,778,029
Feb 201216,19434,743101.102.57$1,726,511
Jan 201220,22739,20998.092.73$2,091,267
Dec 201115,85936,80696.873.24$1,655,503
Nov 201115,13331,24795.723.31$1,551,998
Oct 201116,60153,94484.983.65$1,607,570
Sep 201113,55355,05783.623.99$1,352,748
Aug 201116,43537,22283.404.15$1,525,125
Jul 201118,63833,85294.144.52$1,907,499
Jun 201122,56235,98892.904.64$2,262,990
May 201114,7013,61098.134.40$1,458,511
Apr 20114,00514,444105.964.33$486,960
Mar 20113,84016,72996.364.06$437,898
Feb 20116,20318,92385.644.18$610,323
Jan 20117,94924,76286.504.59$801,216
Dec 20108,57119,03185.734.35$817,534
Nov 2010114,40280.843.80$54,741
Oct 20105,9339,66078.103.51$497,263
Sep 20105,0068,68372.633.98$398,140
Aug 20103,7104,73273.684.42$294,265
Jul 20102,0643,34472.554.74$165,582
Jun 201097270.364.91$987

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                9,012 bbl  × $106.41 =   $958,967
Casinghead gas    85,845 Mcf  × $  3.05 =   $261,470

────────────────────────────────────────────────────
Month total                               $1,220,437

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/17203 is the state's own key, not one this site invented.