NEAL

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 17478District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$24.6 M
May 2011 – May 2026
Value, last 12 filed months
$434 k
at the published price for each month
Months reported
181
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
OilDisposition305,413 bbl$21,777,193
Casinghead gasProduction815,890 Mcf$2,784,585
Total$24,561,778

Wells on this lease (10)

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 31.4847, -102.0646. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.6 miles.

31.49379, -102.05571 · 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
60.0%
6 of 10 wells
With a plug date
60.0%
6 of 10 wells
Median depth
11,221 ft
10 wells filed one
Completion to plug
7.2 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
660.0%
A plug date is filed
660.0%
BothOn the schedule and plugged. Neither fact cancels the other.
660.0%
NeitherNo plug date, and not on the schedule.
440.0%

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

Total depth in feet, 10 of 10 wells. Median 11,221 ft, with the middle half between 10,625 and 11,259 ft; the shallowest is 10,616 ft and the deepest 11,390 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, 10 of 10 wells, Jun 2011 – Dec 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2011 – Dec 2018
10 of 10 wells
Plug dates filed
Aug 2018 – Jul 2024
6 of 10 wells; 4 filed none

Last completion to plug: a median of 7.2 years across the 6 wells that filed both dates, with the middle half between 6.7 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-46137137580210,625 ftDec 2018Jul 2020Yes
42-46139294581011,225 ftMay 2014
42-46139024580911,390 ftMar 2014Jun 2021Yes
42-46138666580811,217 ftSep 2013Mar 2020Yes
42-46138449460311,325 ftApr 2013
42-46138265580711,260 ftNov 2012Mar 2020Yes
42-46137903580511,255 ftAug 2012
42-46137527580410,625 ftDec 2011
42-46137140580310,625 ftJul 2011Aug 2018Yes
42-46137136580110,616 ftJun 2011Jul 2024Yes

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 (181)

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

181 months

May 20261,003566106.413.05$108,453
Apr 202684531398.932.87$84,494
Mar 202667922689.753.15$61,652
Feb 202667316763.503.75$43,362
Jan 20260059.138.00$0
Dec 2025381056.664.41$21,587
Nov 202585229058.593.93$51,057
Oct 202568039059.383.30$41,667
Sep 202533424362.743.08$21,703
Aug 202502863.933.01$84
Jul 20250066.743.32$0
Jun 2025010166.483.13$316
May 202550354560.553.23$32,218
Apr 202533550162.363.54$22,666
Mar 202549145567.704.27$35,183
Feb 202546235470.884.34$34,283
Jan 202534334674.324.28$26,972
Dec 202435447968.993.12$25,918
Nov 202433647569.052.20$24,245
Oct 202462531071.372.28$45,313
Sep 202416859469.612.36$13,099
Aug 202466566375.632.06$51,662
Jul 202433465879.932.15$28,109
Jun 202434163878.082.63$28,306
May 2024348078.812.20$27,426
Apr 202434871684.451.66$30,577
Mar 202434372480.301.55$28,662
Feb 202435662776.091.78$28,206
Jan 202453160573.023.30$40,769
Dec 202390762271.262.61$66,257
Nov 2023035477.892.81$994
Oct 202334645485.443.09$30,964
Sep 202335465589.042.74$33,312
Aug 202389863980.522.67$74,015
Jul 202334974774.852.64$28,096
Jun 202370163068.962.26$49,764
May 202318368070.622.23$14,438
Apr 202334552478.122.24$28,124
Mar 202334958172.852.39$26,815
Feb 202351053875.112.47$39,633
Jan 202317860676.533.39$15,675
Dec 202271259076.415.73$57,784
Nov 202235251985.005.65$32,850
Oct 202238658987.185.86$37,105
Sep 202270668084.888.16$65,477
Aug 202216868994.529.13$22,168
Jul 2022698731101.587.54$76,416
Jun 2022167693115.097.98$24,748
May 2022174633109.378.43$24,368
Apr 2022713673104.226.84$78,911
Mar 2022683816108.885.08$78,507
Feb 202269672291.054.86$66,879
Jan 202234683581.844.54$32,106
Dec 202134088671.323.90$27,703
Nov 202135487977.435.24$32,013
Oct 202185087179.795.71$72,798
Sep 202135994269.865.35$30,120
Aug 202101,04666.024.22$4,415
Jul 20211,0561,04770.783.98$78,913
Jun 202152187769.493.38$39,169
May 202167889863.483.02$45,749
Apr 202135890160.362.76$24,094
Mar 202135388461.302.72$24,041
Feb 202117419457.805.55$11,134
Jan 202154744150.412.81$28,814
Dec 202034367044.642.68$17,104
Nov 202069052938.772.71$28,183
Oct 202017944736.972.48$7,725
Sep 202017327537.091.99$6,964
Aug 202051255839.982.39$21,801
Jul 202051424638.371.83$20,171
Jun 2020029734.901.69$502
May 202054132916.921.81$9,751
Apr 202091497014.751.80$15,232
Mar 20207141,83430.341.86$25,067
Feb 20205541,63449.881.98$30,870
Jan 20201,1011,92857.252.09$67,071
Dec 20199282,09959.012.30$59,598
Nov 20193582,14955.302.75$25,709
Oct 20191,2712,29753.472.42$73,516
Sep 20199132,17955.052.66$56,051
Aug 20197111,96953.112.30$42,298
Jul 20191,2452,19756.272.46$75,461
Jun 20199291,89252.782.49$53,746
May 20191,0942,19058.482.74$69,978
Apr 20199142,16562.632.75$63,199
Mar 20191,2672,58756.803.06$79,887
Feb 20191,6513,56450.852.79$93,905
Jan 20191,4853,45646.033.23$79,511
Dec 20181,1022,14646.594.19$60,324
Nov 20185341,80252.934.24$35,900
Oct 20181,2532,41061.443.40$85,174
Sep 20181,4163,09359.543.11$93,922
Aug 20188851,97059.403.07$58,610
Jul 20181,2612,15165.142.93$88,448
Jun 20181,4442,54260.183.08$94,721
May 20181,0922,35865.382.90$78,235
Apr 20181,0722,62663.842.90$76,054
Mar 20181,5873,44061.222.79$106,743
Feb 20181,4743,12061.782.77$99,694
Jan 20181,1173,60562.874.01$84,679
Dec 20171,7113,25157.272.92$107,487
Nov 20171,4963,66755.423.12$94,343
Oct 20171,8453,89749.292.98$102,567
Sep 20171,8173,65347.523.09$97,622
Aug 20171,9193,67245.373.00$98,097
Jul 20172,1074,66243.873.09$106,827
Jun 20172,1205,80242.493.09$107,991
May 20172,0805,77545.373.26$113,216
Apr 20172,0866,19247.933.21$119,868
Mar 20173,1347,80846.772.98$169,874
Feb 20172,5156,01350.452.95$144,636
Jan 20172,4596,12849.413.42$142,450
Dec 20162,2605,99948.763.72$132,531
Nov 20162,7406,41142.492.64$133,376
Oct 20162,3875,94246.193.09$128,618
Sep 20162,3787,36741.553.10$121,648
Aug 20163,3987,52841.442.92$162,828
Jul 20162,2277,02841.622.92$113,240
Jun 20162,9265,48145.352.69$147,415
May 20162,0715,20242.521.99$98,416
Apr 20162,2713,59936.561.99$90,194
Mar 20162,0535,66433.011.79$77,931
Feb 20169171,87126.472.06$28,134
Jan 20162,2065,25027.352.36$72,747
Dec 20153,0678,81632.362.00$116,893
Nov 20153,47411,22338.792.17$159,080
Oct 20153,81111,89143.552.43$194,824
Sep 20152,5168,56342.992.76$131,783
Aug 20153,5949,35640.162.87$171,210
Jul 20152,4829,35748.152.95$147,065
Jun 20154,02810,93756.152.88$257,702
May 20153,8388,11755.212.96$235,885
Apr 20155,0829,13449.822.71$277,907
Mar 20154,4316,66242.892.93$209,597
Feb 20152,8468,08944.662.98$151,177
Jan 20152,53711,28643.433.10$145,176
Dec 20143,33416,01054.693.59$239,834
Nov 20143,18717,39070.464.25$298,496
Oct 20147,30619,40778.303.90$647,766
Sep 20144,32120,78686.164.05$456,386
Aug 201413,49721,96289.394.04$1,295,116
Jul 20141,81616,87396.564.18$245,875
Jun 20145,21018,58598.164.74$599,449
May 20146,16119,87294.734.73$677,558
Apr 20145,21112,20095.944.81$558,615
Mar 20145,89110,63095.895.06$618,642
Feb 20144,0058,80797.406.19$444,620
Jan 20141,9825,81790.404.86$207,448
Dec 20131,4285,08491.824.35$153,257
Nov 20131,9217,17688.853.74$197,507
Oct 20132,6347,03997.423.78$283,207
Sep 20133,44211,472104.113.72$400,997
Aug 20131,1155,120104.253.52$134,275
Jul 20131,4557,781102.523.72$178,094
Jun 20132,4669,57094.403.93$270,433
May 20132,12411,15894.834.15$247,714
Apr 20132,5319,66793.964.28$279,213
Mar 20134,13914,14893.623.91$442,852
Feb 20134,18513,11391.233.42$426,643
Jan 20134,13012,70991.603.42$421,772
Dec 20122,13010,83686.773.42$221,881
Nov 20122,68110,27486.953.62$270,356
Oct 20122,2809,70589.383.40$236,780
Sep 20121,7458,96094.672.92$191,348
Aug 20122,40610,11192.662.91$252,344
Jul 20123,17718,87385.133.02$327,470
Jun 20123,36312,78379.822.52$300,636
May 20121,7738,81291.612.49$184,352
Apr 20122,11811,295101.652.00$237,849
Mar 20123,09514,961105.052.22$358,374
Feb 20122,1127,212101.102.57$232,060
Jan 20124,7609,41798.092.73$492,655
Dec 20113,6844,35496.873.24$370,975
Nov 20115,1014,24995.723.31$502,337
Oct 20112,2734,33584.983.65$208,976
Sep 20112,2385,61783.623.99$209,530
Aug 20114,7999,11983.404.15$438,074
Jul 20113,4354,21294.144.52$342,398
Jun 20111,5001,29292.904.64$145,345
May 2011344098.134.40$33,757

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                1,003 bbl  × $106.41 =   $106,729
Casinghead gas       566 Mcf  × $  3.05 =     $1,724

────────────────────────────────────────────────────
Month total                                 $108,453

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/17478 is the state's own key, not one this site invented.