NEAL F 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 18510District 7CField 85279200OilCasinghead gasSave
Value, all time
$25.5 M
May 2014 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
145
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
OilDisposition373,052 bbl$22,084,678
Casinghead gasProduction1,047,408 Mcf$3,448,946
Total$25,533,623

Wells on this lease (2)

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 31.2727, -101.9376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27276, -101.93756 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,488 ft
2 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.
2100.0%

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 8,115 and 8,860 ft, median 8,488 ft, over the 2 wells that filed a depth.

Completions filed
May 2014 – Jul 2016
2 of 2 wells

2 wells

42-461394727H8,860 ftJul 2016
42-461390870006LS8,115 ftMay 2014

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 (145)

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

145 months

May 20261,14710,597106.413.05$154,329
Apr 20261,55214,22398.932.87$194,355
Mar 20261,55715,26189.753.15$187,804
Feb 20261,59516,42463.503.75$162,878
Jan 20262,09516,24559.138.00$253,804
Dec 20251,76113,60356.664.41$159,813
Nov 20251,0742,89758.593.93$74,301
Oct 20251,0862,12859.383.30$71,519
Sep 20251,1562,20862.743.08$79,321
Aug 20251,2512,34163.933.01$87,034
Jul 20251,3133,74966.743.32$100,058
Jun 20251,4552,92366.483.13$105,874
May 20251,4282,14560.553.23$93,399
Apr 20251,2831,84062.363.54$86,527
Mar 20251,9432,75067.704.27$143,279
Feb 20251,5854,88970.884.34$133,567
Jan 20252,1476,22974.324.28$186,217
Dec 20241,04513,09768.993.12$112,975
Nov 202463916,13669.052.20$79,597
Oct 20241,26217,59071.372.28$130,199
Sep 20241,26512,23869.612.36$116,992
Aug 202484212,79375.632.06$90,080
Jul 20246029,36779.932.15$68,225
Jun 202435510,02278.082.63$54,116
May 20242789,42078.812.20$42,618
Apr 202456011,26884.451.66$65,988
Mar 202436510,94980.301.55$46,227
Feb 202472210,38376.091.78$73,457
Jan 202441510,39073.023.30$64,566
Dec 20231,52611,33371.262.61$138,330
Nov 202386011,23577.892.81$98,528
Oct 20232,56215,25985.443.09$266,006
Sep 20231,77013,08889.042.74$193,397
Aug 20231,52612,69480.522.67$156,803
Jul 20232,22410,27074.852.64$193,598
Jun 20232,1397,22268.962.26$163,816
May 20232,0659,09470.622.23$166,086
Apr 20231,84212,35878.122.24$171,551
Mar 20231,4223,14972.852.39$111,129
Feb 20239732,07175.112.47$78,188
Jan 20239532,62476.533.39$81,822
Dec 20222921,23376.415.73$29,376
Nov 202280031985.005.65$69,801
Oct 20221,11277387.185.86$101,477
Sep 20221,37246984.888.16$120,284
Aug 20226551,05694.529.13$71,549
Jul 20225041,078101.587.54$59,327
Jun 20227297,023115.097.98$139,924
May 20226915,301109.378.43$120,278
Apr 20227438,030104.226.84$132,341
Mar 20221,2197,429108.885.08$170,437
Feb 20227005,13391.054.86$88,675
Jan 20221,9936,49481.844.54$192,575
Dec 20211,6877,18771.323.90$148,340
Nov 20211,5905,11177.435.24$149,879
Oct 20211,1227,25179.795.71$130,956
Sep 20211,9319,90069.865.35$187,874
Aug 20212,3048,56566.024.22$188,259
Jul 20211,9409,35370.783.98$174,558
Jun 20211,6527,53569.493.38$140,270
May 20211,9106,38263.483.02$140,506
Apr 20211,1424,96160.362.76$82,616
Mar 20211,5456,28061.302.72$111,771
Feb 20211,6734,21557.805.55$120,084
Jan 20212,3185,19650.412.81$131,453
Dec 20203,0573,84944.642.68$146,762
Nov 20202,4847,74938.772.71$117,278
Oct 20202,59710,60736.972.48$122,300
Sep 20202,63812,08137.091.99$121,897
Aug 20202,88317,48839.982.39$156,973
Jul 202059865338.371.83$24,137
Jun 20206511,44634.901.69$25,164
May 20201,5116,80516.921.81$37,915
Apr 20201,2404,05614.751.80$25,609
Mar 20201,5283,49330.341.86$52,843
Feb 20202,2218,06049.881.98$126,748
Jan 20202,4346,74457.252.09$153,473
Dec 20192,2347,29459.012.30$148,636
Nov 20191,3604,45055.302.75$87,449
Oct 20191,3513,43253.472.42$80,538
Sep 20191,7234,53355.052.66$106,897
Aug 20191,5733,82653.112.30$92,359
Jul 20198082,49156.272.46$51,594
Jun 20191,6133,87152.782.49$94,778
May 20191,3665,14558.482.74$93,983
Apr 20191,1614,73162.632.75$85,727
Mar 20198844,58556.803.06$64,251
Feb 20191,1914,19050.852.79$72,262
Jan 20191,8844,95746.033.23$102,723
Dec 20182,2095,30846.594.19$125,134
Nov 20182,5176,54852.934.24$160,970
Oct 20182,2116,45561.443.40$157,778
Sep 20182,8625,78959.543.11$188,396
Aug 20182,2734,48659.403.07$148,773
Jul 20182,6186,14765.142.93$188,559
Jun 20183,12210,30160.183.08$219,577
May 20183,59611,93965.382.90$269,739
Apr 20183,2618,60563.842.90$233,144
Mar 20182,5503,96861.222.79$167,169
Feb 20183,0124,54961.782.77$198,664
Jan 20184,1505,02862.874.01$281,069
Dec 20173,9906,22157.272.92$246,682
Nov 20172,8705,42055.423.12$175,957
Oct 20174,02414,46349.292.98$241,496
Sep 20174,16614,61047.523.09$243,073
Aug 20174,4066,52145.373.00$219,492
Jul 20173,7555,94043.873.09$183,070
Jun 20172,8644,16542.493.09$134,550
May 20173,5335,02745.373.26$176,697
Apr 20174,3624,77647.933.21$224,409
Mar 20176,3935,16646.772.98$314,414
Feb 20174,8954,54450.452.95$260,369
Jan 20179,09112,63649.413.42$492,386
Dec 20168,57015,64448.763.72$476,113
Nov 20167,83113,98442.492.64$369,718
Oct 20168,95119,94746.193.09$475,088
Sep 201610,26624,18741.553.10$501,547
Aug 201615,99531,77241.442.92$755,745
Jul 20166,7706,77141.622.92$301,568
Jun 20161,23873945.352.69$58,128
May 201693767942.521.99$41,193
Apr 20161,00753736.561.99$37,885
Mar 20161,75890433.011.79$59,653
Feb 20162,5041,55026.472.06$69,480
Jan 20162,9452,10727.352.36$85,527
Dec 20152,4841,58532.362.00$83,554
Nov 20152,7431,71038.792.17$110,107
Oct 20152,6611,59743.552.43$119,762
Sep 20152,5621,72742.992.76$114,904
Aug 20152,5682,22840.162.87$109,531
Jul 20151,1361,10748.152.95$57,959
Jun 20153,4552,82456.152.88$202,139
May 20153,9033,79255.212.96$226,692
Apr 20154,3993,90749.822.71$229,733
Mar 20154,7273,43042.892.93$212,807
Feb 20151,67083044.662.98$77,052
Jan 20153,6292,94543.433.10$166,739
Dec 20144,1552,89854.693.59$237,645
Nov 20144,7622,75770.464.25$347,253
Oct 20144,3993,46778.303.90$357,966
Sep 20145,0964,38886.164.05$456,823
Aug 20143,2378,36989.394.04$323,125
Jul 20147,65530,92696.564.18$868,425
Jun 201410,67022,85598.164.74$1,155,629
May 201413,38519,32194.734.73$1,359,283

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                1,147 bbl  × $106.41 =   $122,052
Casinghead gas    10,597 Mcf  × $  3.05 =    $32,277

────────────────────────────────────────────────────
Month total                                 $154,329

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/18510 is the state's own key, not one this site invented.