NEAL '39B'

Operated by REVERENCE OPERATING LLC (P-5 703827) 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 17976District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$14.3 M
Jun 2012 – May 2026
Value, last 12 filed months
$939 k
at the published price for each month
Months reported
168
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
OilDisposition184,331 bbl$12,398,247
Casinghead gasProduction535,256 Mcf$1,878,229
Total$14,276,476

Wells on this lease (4)

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 31.5334, -102.0513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.53337, -102.05137 · 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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
11,279 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
4100.0%

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 11,123 and 11,526 ft, median 11,279 ft, over the 4 wells that filed a depth.

Completions filed
Jun 2012 – Jul 2018
4 of 4 wells

4 wells

42-46139025511,131 ftJul 2018
42-46139026611,123 ftApr 2014
42-46137998411,526 ftJun 2012
42-46138005311,427 ftJun 2012

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

May 20267177,681106.413.05$99,691
Apr 20263508,70098.932.87$59,592
Mar 20267287,83689.753.15$90,017
Feb 20265516,48663.503.75$59,313
Jan 20269107,00559.138.00$109,834
Dec 20255539,16056.664.41$71,759
Nov 20257208,93158.593.93$77,252
Oct 20257228,25059.383.30$70,137
Sep 20257219,49362.743.08$74,445
Aug 20251,0629,43563.933.01$96,338
Jul 20251,098066.743.32$73,281
Jun 20255257,15866.483.13$57,297
May 20251877,09860.553.23$34,266
Apr 20259357,37262.363.54$84,426
Mar 20251,3218,48667.704.27$125,653
Feb 20251,1325,64670.884.34$104,745
Jan 20251,1167,34574.324.28$114,368
Dec 20241,1257,15368.993.12$99,941
Nov 20243494,63369.052.20$34,284
Oct 20243228,42971.372.28$42,211
Sep 20243536,69169.612.36$40,392
Aug 20247355,95275.632.06$67,871
Jul 20245207,16779.932.15$56,948
Jun 20243685,89078.082.63$44,248
May 20247115,89778.812.20$68,998
Apr 20243512,55884.451.66$33,886
Mar 20244442,86180.301.55$40,074
Feb 20247286,69776.091.78$67,339
Jan 20245377,40073.023.30$63,614
Dec 20239089,37871.262.61$89,187
Nov 20239128,65277.892.81$95,327
Oct 20235458,20985.443.09$71,908
Sep 20233428,26889.042.74$53,065
Aug 20238698,34280.522.67$92,269
Jul 20236667,58474.852.64$69,886
Jun 20231,0497,72368.962.26$89,781
May 20236918,37170.622.23$67,444
Apr 20236988,81078.122.24$74,242
Mar 20238729,10172.852.39$85,305
Feb 20231,0658,48475.112.47$100,911
Jan 20231,05110,60676.533.39$116,363
Dec 20221,2348,41976.415.73$142,523
Nov 20223531,24185.005.65$37,012
Oct 202250655987.185.86$47,391
Sep 20221,2376,41784.888.16$157,383
Aug 20221,4047,96094.529.13$205,358
Jul 20221,7346,087101.587.54$222,048
Jun 20221,4076,272115.097.98$211,965
May 20221,9895,706109.378.43$265,656
Apr 2022909541104.226.84$98,435
Mar 20220335108.885.08$1,701
Feb 2022016991.054.86$821
Jan 202217124181.844.54$15,088
Dec 20216071,03071.323.90$47,307
Nov 20211,0642,16077.435.24$93,697
Oct 20218832,18279.795.71$82,922
Sep 20215191,22969.865.35$42,834
Aug 20216971,14066.024.22$50,827
Jul 20215071,18270.783.98$40,592
Jun 20216621,17069.493.38$49,958
May 20216711,21863.483.02$46,271
Apr 20218271,19260.362.76$53,206
Mar 20218571,01161.302.72$55,281
Feb 202136496057.805.55$26,365
Jan 20218331,09950.412.81$45,080
Dec 20207051,07244.642.68$34,339
Nov 20206731,01038.772.71$28,826
Oct 20206651,14336.972.48$27,418
Sep 202083586837.091.99$32,698
Aug 202052465839.982.39$22,519
Jul 202085963138.371.83$34,111
Jun 202069461734.901.69$25,264
May 20209061,21116.921.81$17,527
Apr 202071485614.751.80$12,076
Mar 202068342230.341.86$21,506
Feb 2020011049.881.98$218
Jan 202054629357.252.09$31,872
Dec 201954877559.012.30$34,123
Nov 20199221,31055.302.75$54,590
Oct 201991597853.472.42$51,290
Sep 201954699255.052.66$32,693
Aug 20191,04587053.112.30$57,505
Jul 20199181,29456.272.46$54,839
Jun 20198981,29052.782.49$50,610
May 20199241,07058.482.74$56,968
Apr 20191,4381,10762.632.75$93,107
Mar 201993636056.803.06$54,267
Feb 20191,0911,00850.852.79$58,292
Jan 20191,12289446.033.23$54,532
Dec 201890583946.594.19$45,676
Nov 201870577352.934.24$40,591
Oct 201854689261.443.40$36,577
Sep 20183631,00259.543.11$24,727
Aug 20188861,53959.403.07$57,348
Jul 20185531,03465.142.93$39,054
Jun 201871889160.183.08$45,951
May 20183631,21465.382.90$27,255
Apr 201884997463.842.90$57,026
Mar 201859070661.222.79$38,087
Feb 20181,1481,12761.782.77$74,041
Jan 20189471,22662.874.01$64,453
Dec 20171,3341,74157.272.92$81,485
Nov 20171,1201,91755.423.12$68,048
Oct 20171,4412,50649.292.98$78,504
Sep 20171,0682,95347.523.09$59,868
Aug 20171,5252,45145.373.00$76,553
Jul 20171,4072,85443.873.09$70,536
Jun 20171,2282,70042.493.09$60,513
May 20171,7382,37145.373.26$86,591
Apr 20171,0342,28047.933.21$56,882
Mar 20171,8852,61746.772.98$95,970
Feb 20171,04686450.452.95$55,322
Jan 20171,2231,13449.413.42$64,305
Dec 20167171,49548.763.72$40,527
Nov 20168611,04442.492.64$39,345
Oct 20168511,38446.193.09$43,585
Sep 201634534641.553.10$15,408
Aug 201669141741.442.92$29,854
Jul 20161,3591,03741.622.92$59,594
Jun 20161,3801,73045.352.69$67,229
May 20161,2062,58242.521.99$56,420
Apr 20161,7102,77036.561.99$68,033
Mar 20161,54728133.011.79$51,571
Feb 20161,4711,22026.472.06$41,455
Jan 20161,4392,27927.352.36$44,745
Dec 20151,4772,83932.362.00$53,478
Nov 20151,2823,23138.792.17$56,731
Oct 20151,9873,80643.552.43$95,769
Sep 20151,8143,62442.992.76$87,980
Aug 20152,3123,85740.162.87$103,929
Jul 20151,4502,30648.152.95$76,609
Jun 20151861,52756.152.88$14,846
May 20151,0171,35455.212.96$60,150
Apr 20152,5704,37949.822.71$139,889
Mar 20156,4106,98142.892.93$295,412
Feb 20151,7615,11144.662.98$93,858
Jan 20152,1273,83443.433.10$104,263
Dec 20141,6022,13254.693.59$95,270
Nov 20141,8023,79270.464.25$143,092
Oct 20143,8566,06378.303.90$325,576
Sep 20143,2585,97586.164.05$304,881
Aug 20144,0458,29789.394.04$395,062
Jul 20143,4328,25996.564.18$365,913
Jun 20145,7295,82198.164.74$589,932
May 20142,330094.734.73$220,721
Apr 20141,18268995.944.81$116,715
Mar 201484984295.895.06$85,668
Feb 201496127497.406.19$95,298
Jan 201491647290.404.86$85,101
Dec 20131,14563991.824.35$107,916
Nov 2013642088.853.74$57,042
Oct 20131,170097.423.78$113,981
Sep 20131,332518104.113.72$140,600
Aug 2013307444104.253.52$33,569
Jul 2013925696102.523.72$97,419
Jun 20131,32855094.403.93$127,527
May 201391611894.834.15$87,354
Apr 20131,43631293.964.28$136,263
Mar 20131,45088893.623.91$139,224
Feb 20131,4812,22091.233.42$142,704
Jan 20132,5092,10191.603.42$237,010
Dec 20121,5811,67586.773.42$142,912
Nov 20127931,50986.953.62$74,421
Oct 20122,1731,10089.383.40$197,962
Sep 20122,7508294.672.92$260,582
Aug 20121,67745292.662.91$156,705
Jul 201261085.133.02$5,193
Jun 20120079.822.52$0

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                  717 bbl  × $106.41 =    $76,296
Casinghead gas     7,681 Mcf  × $  3.05 =    $23,395

────────────────────────────────────────────────────
Month total                                  $99,691

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/17976 is the state's own key, not one this site invented.