NEAL C UNIT 8

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 18317District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$15.7 M
Aug 2013 – May 2026
Value, last 12 filed months
$446 k
at the published price for each month
Months reported
154
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
OilDisposition185,795 bbl$12,398,592
Casinghead gasProduction968,468 Mcf$3,271,055
Total$15,669,646

Wells on this lease (1)

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 31.2696, -101.9339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26964, -101.93394 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,778 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 8,778 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-461387803H8,778 ftAug 2013

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 (154)

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

154 months

May 20262484,353106.413.05$39,648
Apr 202632713,53198.932.87$71,180
Mar 20263275,45489.753.15$46,525
Feb 20263023,84663.503.75$33,601
Jan 20263153,30559.138.00$45,059
Dec 20252704,68656.664.41$35,979
Nov 20253504,44458.593.93$37,956
Oct 20253012,64259.383.30$26,605
Sep 20253614,78162.743.08$37,360
Aug 20252613,46263.933.01$27,123
Jul 2025191,68466.743.32$6,851
Jun 20253604,38466.483.13$37,649
May 20252562,29660.553.23$22,922
Apr 20252894,58662.363.54$34,271
Mar 20253616,13067.704.27$50,605
Feb 20252364,76470.884.34$37,407
Jan 20253005,21474.324.28$44,605
Dec 20242833,09168.993.12$29,172
Nov 20243044,48069.052.20$30,840
Oct 20242484,89971.372.28$28,876
Sep 20243417,66669.612.36$41,862
Aug 202434510,38475.632.06$47,521
Jul 20243616,56479.932.15$42,945
Jun 20243676,00878.082.63$44,480
May 20243497,40778.812.20$43,789
Apr 20245103,85084.451.66$49,457
Mar 20243666,48180.301.55$39,404
Feb 20244745,98676.091.78$46,744
Jan 20244016,03273.023.30$49,173
Dec 20234296,79871.262.61$48,318
Nov 20234546,72877.892.81$54,251
Oct 20234236,81985.443.09$57,193
Sep 20234855,71589.042.74$58,815
Aug 20233365,03280.522.67$40,505
Jul 20235025,87774.852.64$53,101
Jun 20235016,26968.962.26$48,707
May 20234385,99470.622.23$44,283
Apr 20233864,99378.122.24$41,327
Mar 20234932,13072.852.39$41,012
Feb 20235858,14875.112.47$64,030
Jan 202344314,37776.533.39$82,608
Dec 20226587,23976.415.73$91,751
Nov 20225778,70185.005.65$98,173
Oct 202278510,58187.185.86$130,481
Sep 202260411,76084.888.16$147,272
Aug 20223849,04294.529.13$118,823
Jul 20225446,053101.587.54$100,912
Jun 20224175,188115.097.98$89,378
May 20225446,872109.378.43$117,449
Apr 20224485,900104.226.84$87,032
Mar 20224806,635108.885.08$85,944
Feb 20224887,68391.054.86$81,763
Jan 20227309,53381.844.54$103,001
Dec 202152511,06071.323.90$80,567
Nov 202166310,01377.435.24$103,773
Oct 20215009,43379.795.71$93,794
Sep 20215296,72969.865.35$72,962
Aug 20217068,36466.024.22$81,911
Jul 20215408,82470.783.98$73,359
Jun 20215038,09669.493.38$62,323
May 20216417,26863.483.02$62,623
Apr 20216638,25460.362.76$62,787
Mar 20216199,59461.302.72$64,011
Feb 20215867,83057.805.55$77,311
Jan 202165211,01150.412.81$63,811
Dec 202068313,78144.642.68$67,360
Nov 202063610,59538.772.71$53,334
Oct 20207249,62336.972.48$50,616
Sep 202062711,27537.091.99$45,704
Aug 202079511,21539.982.39$58,533
Jul 202086112,08438.371.83$55,091
Jun 202091812,57934.901.69$53,301
May 20201,03311,18416.921.81$37,775
Apr 20209869,99114.751.80$32,571
Mar 202096313,58030.341.86$54,425
Feb 202093812,35749.881.98$71,263
Jan 20201,22013,51657.252.09$98,158
Dec 20191,47310,12059.012.30$110,242
Nov 20193622,15555.302.75$25,946
Oct 20196816,09453.472.42$51,152
Sep 201990611,89555.052.66$81,484
Aug 20191,20211,75153.112.30$90,917
Jul 20197819,85456.272.46$68,188
Jun 20191,25511,67652.782.49$95,326
May 20199285,29258.482.74$68,771
Apr 20198472,43862.632.75$59,754
Mar 20191,3653,14856.803.06$87,171
Feb 20191,1653,36650.852.79$68,639
Jan 20191,2075,76146.033.23$74,156
Dec 20181,34210,11646.594.19$104,864
Nov 20181,63316,57552.934.24$156,667
Oct 20181,7277,25561.443.40$130,760
Sep 20182,4507,67959.543.11$169,739
Aug 20181,5664,16259.403.07$105,783
Jul 20181,6126,49565.142.93$124,048
Jun 20181,6733,27460.183.08$110,755
May 20181,0022,66665.382.90$73,244
Apr 20181,3443,94163.842.90$97,233
Mar 20181,4123,21461.222.79$95,400
Feb 20181,6603,24961.782.77$111,542
Jan 20182,2423,99462.874.01$156,968
Dec 20178251,85557.272.92$52,667
Nov 20171,7345,07855.423.12$111,933
Oct 20171,5315,54349.292.98$92,002
Sep 20172,0904,17747.523.09$112,212
Aug 20171,1963,10245.373.00$63,582
Jul 20171,5842,83443.873.09$78,239
Jun 20171,4582,14142.493.09$68,560
May 20171,1712,06545.373.26$59,867
Apr 20171,7521,88147.933.21$90,014
Mar 20171,5541,65746.772.98$77,625
Feb 20171,2981,88750.452.95$71,056
Jan 20179021,07849.413.42$48,253
Dec 20161,0862,31748.763.72$61,579
Nov 20161,3305,24642.492.64$70,384
Oct 20161,1153,49046.193.09$62,287
Sep 20161,1794,32041.553.10$62,382
Aug 20168644,66341.442.92$49,440
Jul 2016786341.622.92$3,431
Jun 20161,65813,80245.352.69$112,260
May 20161,56212,04142.521.99$90,390
Apr 20162,04315,24136.561.99$105,038
Mar 20162,41510,96733.011.79$99,394
Feb 20162,8842,97226.472.06$82,473
Jan 201666835327.352.36$19,104
Dec 20151,0701,58732.362.00$37,801
Nov 20151,8123,90638.792.17$78,753
Oct 20151,9741,87143.552.43$90,508
Sep 20151,8361,49742.992.76$83,059
Aug 20159601,11640.162.87$41,759
Jul 20151,7362,64748.152.95$91,384
Jun 20151,5873,65256.152.88$99,638
May 20151,8344,87055.212.96$115,648
Apr 20152,1594,61449.822.71$120,049
Mar 20151,7123,72142.892.93$84,348
Feb 20152,0756,49044.662.98$111,985
Jan 20152,6405,84443.433.10$132,775
Dec 20142,3185,35254.693.59$145,992
Nov 20141,9093,86970.464.25$150,959
Oct 20142,2963,37578.303.90$192,943
Sep 20141,9712,89886.164.05$181,545
Aug 20142,6963,76789.394.04$256,196
Jul 20142,2252,30296.564.18$224,467
Jun 20142,1333,46898.164.74$225,803
May 20144,6036,45894.734.73$466,566
Apr 20144,7649,34095.944.81$501,975
Mar 20149282,78095.895.06$103,044
Feb 20141,4482,63297.406.19$157,333
Jan 20144,0268,13590.404.86$403,492
Dec 20133,8395,38791.824.35$375,955
Nov 20135,2486,85088.853.74$491,892
Oct 20135,7896,68297.423.78$589,218
Sep 201310,36413,004104.113.72$1,127,342
Aug 20133,154678104.253.52$331,193

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                  248 bbl  × $106.41 =    $26,390
Casinghead gas     4,353 Mcf  × $  3.05 =    $13,259

────────────────────────────────────────────────────
Month total                                  $39,648

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/18317 is the state's own key, not one this site invented.