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NEAL RANCH '38' B UNIT

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 18977District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$14.9 M
Apr 2015 – May 2026
Value, last 12 filed months
$615 k
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition190,701 bbl$10,286,807
Casinghead gasProduction1,291,480 Mcf$4,592,563
Total$14,879,370

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 31.5167, -102.1364. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51675, -102.13639 · 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
9,701 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 9,701 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-4613984131H9,701 ftApr 2015——

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 (134)

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

134 months

May 20265758,719106.413.05$87,742
Apr 20266099,97298.932.87$88,865
Mar 20267117,29189.753.15$86,775
Feb 20267646,06663.503.75$71,263
Jan 20261,0816,84559.138.00$118,665
Dec 20251,1687,28856.664.41$98,343
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202547062.743.08$2,949
Aug 20252299,27863.933.01$42,611
Jul 202511066.743.32$734
Jun 20251941,23666.483.13$16,764
May 20255098,28260.553.23$57,590
Apr 20254787,57362.363.54$56,640
Mar 202526810,24767.704.27$61,881
Feb 2025731,34770.884.34$11,021
Jan 20252752,25374.324.28$30,078
Dec 20244698,65468.993.12$59,369
Nov 20246239,31369.052.20$63,492
Oct 20245759,76271.372.28$63,309
Sep 202450811,71669.612.36$63,063
Aug 202446711,41975.632.06$58,884
Jul 202453749579.932.15$43,985
Jun 20246092,35178.082.63$53,743
May 20247418,23678.812.20$76,505
Apr 20245998,38084.451.66$64,490
Mar 20245179,15580.301.55$55,661
Feb 20247069,32276.091.78$70,347
Jan 20243152,60273.023.30$31,582
Dec 20234007,57471.262.61$48,278
Nov 202369714,19177.892.81$94,131
Oct 202386914,69085.443.09$119,600
Sep 202378814,91489.042.74$110,954
Aug 202385816,59980.522.67$113,453
Jul 20231,52316,93174.852.64$158,725
Jun 20231,44418,41368.962.26$141,164
May 20233467,57970.622.23$41,316
Apr 202351115,62278.122.24$74,878
Mar 202367321,04672.852.39$99,395
Feb 202364116,56575.112.47$88,990
Jan 202386013,77676.533.39$112,485
Dec 20228389,39676.415.73$117,862
Nov 20223975,49985.005.65$64,793
Oct 202290319,40187.185.86$192,486
Sep 202277817,95084.888.16$212,575
Aug 202268917,01994.529.13$220,459
Jul 202255215,773101.587.54$175,033
Jun 202285722,599115.097.98$278,909
May 202295823,031109.378.43$298,998
Apr 202288822,385104.226.84$245,607
Mar 202264124,118108.885.08$192,225
Feb 202283814,15091.054.86$145,052
Jan 20221,49812,75381.844.54$180,465
Dec 20211,92114,73071.323.90$194,440
Nov 20218828,95277.435.24$115,174
Oct 20211,33512,58979.795.71$178,452
Sep 20212,70621,79569.865.35$305,664
Aug 20215674,89066.024.22$58,072
Jul 20211,14214,84270.783.98$139,933
Jun 20211277469.493.38$3,450
May 202106463.483.02$193
Apr 20214320760.362.76$3,166
Mar 20212611,78861.302.72$20,857
Feb 20213522,35857.805.55$33,428
Jan 20219945,76550.412.81$66,309
Dec 20209564,62444.642.68$55,047
Nov 20208914,32338.772.71$46,245
Oct 20207984,15936.972.48$39,810
Sep 20207676,00337.091.99$40,400
Aug 20207384,63939.982.39$40,570
Jul 20208405,73138.371.83$42,691
Jun 20201,0384,74734.901.69$44,250
May 20208875,24516.921.81$24,526
Apr 20209425,74414.751.80$24,259
Mar 20208805,17630.341.86$36,307
Feb 20201,0645,06849.881.98$63,110
Jan 20201,0266,12457.252.09$71,567
Dec 20191,0666,02259.012.30$76,782
Nov 20198765,19855.302.75$62,741
Oct 20191,0814,22953.472.42$68,029
Sep 20199974,84055.052.66$67,746
Aug 20191,0864,96953.112.30$69,128
Jul 20191,0454,72056.272.46$70,414
Jun 20191,1054,77052.782.49$70,205
May 20191,1284,57158.482.74$78,491
Apr 20191,0404,36862.632.75$77,150
Mar 20191,0074,68556.803.06$71,544
Feb 20198604,11650.852.79$55,224
Jan 20191,0855,00946.033.23$66,113
Dec 20189484,62646.594.19$63,529
Nov 20187043,73952.934.24$53,106
Oct 20187783,58861.443.40$59,993
Sep 20187473,32659.543.11$54,814
Aug 20187664,38459.403.07$58,944
Jul 20187705,62065.142.93$66,635
Jun 20188756,06060.183.08$71,304
May 20187506,44565.382.90$67,731
Apr 20188816,43163.842.90$74,898
Mar 20187765,53361.222.79$62,926
Feb 20187748,43761.782.77$71,155
Jan 20187479,36562.874.01$84,511
Dec 201783273257.272.92$49,787
Nov 20171,7118,52455.423.12$121,405
Oct 20172,15712,71849.292.98$144,265
Sep 20172,04813,41547.523.09$138,737
Aug 20171,65014,51645.373.00$118,472
Jul 20172,06817,92043.873.09$146,047
Jun 20172,07516,29642.493.09$138,477
May 20172,25913,39645.373.26$146,207
Apr 20172,24513,88547.933.21$152,196
Mar 20172,28514,07946.772.98$148,877
Feb 20172,39911,03150.452.95$153,600
Jan 20172,71912,72849.413.42$177,860
Dec 20162,02511,78748.763.72$142,620
Nov 20162,55912,11142.492.64$140,758
Oct 20162,65713,60146.193.09$164,757
Sep 20162,59312,95241.553.10$147,899
Aug 20162,78813,56441.442.92$155,200
Jul 20162,36115,67641.622.92$144,107
Jun 20162,71913,29845.352.69$159,023
May 20163,65025,16042.521.99$205,293
Apr 20164,10819,13336.561.99$188,283
Mar 20161,9146,11433.011.79$74,150
Feb 20162,3978,25726.472.06$80,488
Jan 20163,7807,16927.352.36$120,333
Dec 20151,9423,16832.362.00$69,184
Nov 20153,1349,45938.792.17$142,069
Oct 20153,52913,08743.552.43$185,445
Sep 20153,98111,85042.992.76$203,830
Aug 20154,74619,59740.162.87$246,892
Jul 20156,23925,60148.152.95$375,805
Jun 201510,94739,07856.152.88$727,330
May 201510,42615,30955.212.96$620,864
Apr 201511,71911,10549.822.71$613,897

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                  575 bbl  × $106.41 =    $61,186
Casinghead gas     8,719 Mcf  × $  3.05 =    $26,557

────────────────────────────────────────────────────
Month total                                  $87,742

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/18977 is the state's own key, not one this site invented.