NEAL RANCH "38" B

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 17369District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$11.1 M
Sep 2010 – Oct 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
182
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
OilDisposition127,489 bbl$9,951,247
Casinghead gasProduction315,739 Mcf$1,120,777
Total$11,072,024

Wells on this lease (3)

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 31.5056, -102.1338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.50578, -102.13336 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
10,490 ft
3 wells filed one
Completion to plug
11.7 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 10,441 and 10,545 ft, median 10,490 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2010 – Jun 2012
3 of 3 wells
Plug dates filed
Dec 2019 – Aug 2025
3 of 3 wells

Last completion to plug: a median of 11.7 years across the 3 wells that filed both dates, with the middle half between 10.3 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-461379361510,545 ftJun 2012Aug 2025Yes
42-46137055710,490 ftFeb 2011Dec 2019Yes
42-46136759310,441 ftSep 2010May 2022Yes

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 (182)

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

182 months

Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230272.852.39$5
Feb 2023012875.112.47$316
Jan 202326483976.533.39$23,046
Dec 202241072276.415.73$35,465
Nov 2022056485.005.65$3,184
Oct 2022072887.185.86$4,269
Sep 2022072884.888.16$5,943
Aug 2022085094.529.13$7,758
Jul 2022366703101.587.54$42,480
Jun 20220728115.097.98$5,807
May 20224791109.378.43$7,108
Apr 2022371751104.226.84$43,801
Mar 20220708108.885.08$3,594
Feb 202244460691.054.86$43,371
Jan 2022067781.844.54$3,072
Dec 2021065371.323.90$2,546
Nov 2021041277.435.24$2,158
Oct 202139943779.795.71$34,333
Sep 2021073369.865.35$3,922
Aug 2021044866.024.22$1,891
Jul 202125263470.783.98$20,361
Jun 2021089169.493.38$3,012
May 202125073263.483.02$18,079
Apr 2021074860.362.76$2,063
Mar 20213651,12861.302.72$25,439
Feb 202123258257.805.55$16,639
Jan 20214081,30150.412.81$24,223
Dec 20202761,30444.642.68$15,809
Nov 20203781,29438.772.71$18,157
Oct 20202661,34936.972.48$13,177
Sep 20203721,32737.091.99$16,440
Aug 20202691,41639.982.39$14,132
Jul 20205131,51938.371.83$22,456
Jun 20204781,19134.901.69$18,695
May 2020091516.921.81$1,661
Apr 202025294014.751.80$5,413
Mar 20202971,28230.341.86$11,391
Feb 20205191,14849.881.98$28,162
Jan 20202541,21157.252.09$17,078
Dec 20194761,21959.012.30$30,898
Nov 20194821,21155.302.75$29,986
Oct 20192251,26453.472.42$15,088
Sep 20195121,14755.052.66$31,234
Aug 201924120153.112.30$13,263
Jul 201923944956.272.46$14,553
Jun 20194877852.782.49$25,898
May 201921849458.482.74$14,102
Apr 201950072962.632.75$33,320
Mar 201946715756.803.06$27,006
Feb 201925866550.852.79$14,976
Jan 20194251,11246.033.23$23,152
Dec 20187541,08946.594.19$39,687
Nov 20185931,31452.934.24$36,955
Oct 2018043461.443.40$1,475
Sep 20183496359.543.11$20,975
Aug 20183974859.403.07$23,729
Jul 20183465865.142.93$22,708
Jun 20183176360.183.08$19,271
May 201834241465.382.90$23,561
Apr 20183344863.842.90$21,462
Mar 20187421,09661.222.79$48,480
Feb 20183791,11061.782.77$26,485
Jan 201829987062.874.01$22,286
Dec 201772365057.272.92$43,305
Nov 20173162,75055.423.12$26,088
Oct 20173593,25549.292.98$27,407
Sep 20173712,68247.523.09$25,910
Aug 20173531,57645.373.00$20,751
Jul 20176641,89943.873.09$34,992
Jun 201742099442.493.09$20,915
May 20173071,31845.373.26$18,230
Apr 20173561,62647.933.21$22,285
Mar 20173511,67946.772.98$21,426
Feb 20177641,31650.452.95$42,429
Jan 20174011,43649.413.42$24,723
Dec 20164041,24148.763.72$24,319
Nov 20163321,72342.492.64$18,663
Oct 20167491,94246.193.09$40,598
Sep 20167002,08141.553.10$35,537
Aug 20168111,64941.442.92$38,430
Jul 20167841,73641.622.92$37,707
Jun 20166836,15945.352.69$47,516
May 20166622,57842.521.99$33,281
Apr 20166881,14036.561.99$27,423
Mar 20161,0781,55533.011.79$38,374
Feb 20164311,28326.472.06$14,056
Jan 20161,0741,93727.352.36$33,954
Dec 20158791,12332.362.00$30,692
Nov 20154012,19138.792.17$20,303
Oct 20158731,29543.552.43$41,162
Sep 20151,2932,08142.992.76$61,326
Aug 20158221,68340.162.87$37,846
Jul 20158532,25548.152.95$47,713
Jun 20153621,59656.152.88$24,927
May 20151,1481,66155.212.96$68,290
Apr 20158191,67549.822.71$45,336
Mar 20158672,80042.892.93$45,403
Feb 20151,6292,40344.662.98$79,903
Jan 20153511,57143.433.10$20,115
Dec 20147201,96754.693.59$46,441
Nov 20146041,90070.464.25$50,636
Oct 20146191,96378.303.90$56,125
Sep 20143812,00886.164.05$40,950
Aug 20147212,72289.394.04$75,434
Jul 20141,2702,83096.564.18$134,459
Jun 20147072,77698.164.74$82,549
May 20141,1533,20294.734.73$124,358
Apr 20141,1523,50495.944.81$127,374
Mar 20141,5354,01495.895.06$167,489
Feb 20141,0272,49497.406.19$115,473
Jan 20141,0522,68690.404.86$108,157
Dec 20131,0902,90891.824.35$112,747
Nov 20137351,66188.853.74$71,514
Oct 20135982,37797.423.78$67,241
Sep 20131,2063,257104.113.72$137,665
Aug 20131,2053,429104.253.52$137,700
Jul 20131,1303,244102.523.72$127,908
Jun 20131,5553,67294.403.93$161,235
May 20131,3014,19894.834.15$140,792
Apr 20131,6044,55693.964.28$170,223
Mar 20131,6855,24693.623.91$178,277
Feb 20131,7305,62691.233.42$177,068
Jan 20132,0813,55091.603.42$202,760
Dec 20121,7612,93486.773.42$162,837
Nov 20122,1465,53086.953.62$206,641
Oct 20122,8749,43689.383.40$288,958
Sep 20123,1486,58694.672.92$317,242
Aug 20123,1685,37792.662.91$309,184
Jul 20122,4224,73985.133.02$220,500
Jun 20121,0593,73779.822.52$93,943
May 20121,4043,90691.612.49$138,340
Apr 20121,0454,074101.652.00$114,359
Mar 20121,7424,329105.052.22$192,616
Feb 20121,4323,943101.102.57$154,910
Jan 20121,4353,05498.092.73$149,109
Dec 20111,7272,95096.873.24$176,852
Nov 20111,4132,22395.723.31$142,613
Oct 20112,1304,14284.983.65$196,120
Sep 20111,7595,01183.623.99$167,060
Aug 20112,7758,36783.404.15$266,152
Jul 20112,8047,76594.144.52$299,045
Jun 20113,4757,36992.904.64$357,019
May 20113,1515,75498.134.40$334,553
Apr 20113,1585,498105.964.33$358,446
Mar 20112,8254,53096.364.06$290,597
Feb 20111,2362,98385.644.18$118,320
Jan 20111,9804,37086.504.59$191,323
Dec 20102,3263,49285.734.35$214,590
Nov 20102,40918180.843.80$195,431
Oct 20102,17939278.103.51$171,555
Sep 201054628572.633.98$40,790

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.

Mar 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 72.85 =         $0
Casinghead gas         2 Mcf  × $  2.39 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/17369 is the state's own key, not one this site invented.