NEAL RANCH 57 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 19981District 7CField 85279200OilCasinghead gasSave
Value, all time
$262.9 M
May 2018 – May 2026
Value, last 12 filed months
$40.4 M
at the published price for each month
Months reported
97
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
OilDisposition3,317,692 bbl$229,290,183
Casinghead gasProduction10,103,401 Mcf$33,593,588
Total$262,883,771

Wells on this lease (11)

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 31.5229, -102.0798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.52273, -102.07944 · 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 11 wells
With a plug date
0.0%
0 of 11 wells
Median depth
8,929 ft
11 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.
11100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 11 of 11 wells. Median 8,929 ft, with the middle half between 8,743 and 9,543 ft; the shallowest is 8,555 ft and the deepest 9,655 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

10s
20s

Last completion by decade, 11 of 11 wells, May 2018 – Nov 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2018 – Nov 2023
11 of 11 wells

11 wells

42-461422995706BH9,568 ftNov 2023
42-461423005705JH8,560 ftNov 2023
42-461423015705LH8,928 ftNov 2023
42-461423025704LH8,917 ftOct 2023
42-461423035704JH8,569 ftOct 2023
42-461423065702LH8,933 ftOct 2023
42-461423045703LH8,929 ftOct 2023
42-461423055703JH8,555 ftOct 2023
42-461406605702BH9,540 ftMay 2018
42-461406615728BC9,655 ftMay 2018
42-461406625701BH9,545 ftMay 2018

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 (97)

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

97 months

May 202633,381182,045106.413.05$4,106,552
Apr 202633,669185,06098.932.87$3,861,945
Mar 202640,896202,97489.753.15$4,309,670
Feb 202637,101177,31963.503.75$3,020,916
Jan 202641,959193,97259.138.00$4,032,408
Dec 202543,976200,53956.664.41$3,376,731
Nov 202543,511179,62358.593.93$3,254,588
Oct 202546,212167,57859.383.30$3,297,887
Sep 202542,718149,53462.743.08$3,140,231
Aug 202533,802124,53963.933.01$2,536,417
Jul 202528,050115,48966.743.32$2,254,926
Jun 202540,373162,66366.483.13$3,192,924
May 202547,996201,28460.553.23$3,556,772
Apr 202549,206196,46462.363.54$3,764,582
Mar 202557,976203,41067.704.27$4,793,194
Feb 202554,332138,95370.884.34$4,454,225
Jan 202553,862143,86374.324.28$4,618,568
Dec 202465,424186,43568.993.12$5,095,534
Nov 202464,487158,35869.052.20$4,800,968
Oct 202467,359155,50271.372.28$5,162,174
Sep 202474,445174,00769.612.36$5,593,532
Aug 202483,359191,93975.632.06$6,700,532
Jul 202488,672185,58979.932.15$7,485,936
Jun 202488,678171,62878.082.63$7,376,043
May 202493,174156,21578.812.20$7,686,472
Apr 2024103,044164,32284.451.66$8,974,709
Mar 2024122,928186,73280.301.55$10,159,644
Feb 2024143,425213,06676.091.78$11,293,241
Jan 2024182,957209,91573.023.30$14,051,748
Dec 2023224,901216,88371.262.61$16,592,666
Nov 2023168,429139,65277.892.81$13,511,016
Oct 20237,5216,03885.443.09$661,235
Sep 2023049889.042.74$1,362
Aug 20231,28910,18780.522.67$131,019
Jul 20234,30248,08174.852.64$449,025
Jun 20235,03051,62568.962.26$463,463
May 20232,60934,23870.622.23$260,509
Apr 20235,54165,34778.122.24$579,094
Mar 20235,64470,23272.852.39$579,242
Feb 20235,96961,15075.112.47$599,108
Jan 20236,34460,50276.533.39$690,470
Dec 20227,74559,92476.415.73$935,105
Nov 20224,75027,21685.005.65$557,417
Oct 20225,65556,43087.185.86$823,895
Sep 20226,92185,17484.888.16$1,282,788
Aug 20225,02166,48194.529.13$1,081,368
Jul 20223,01936,849101.587.54$584,588
Jun 20225,27285,102115.097.98$1,285,630
May 20225,98798,559109.378.43$1,485,950
Apr 20226,555100,944104.226.84$1,373,377
Mar 20227,584104,167108.885.08$1,354,539
Feb 20226,51462,31991.054.86$895,898
Jan 20228,14670,31181.844.54$985,717
Dec 202111,18160,92471.323.90$1,034,979
Nov 20215,26624,03877.435.24$533,630
Oct 20215,21623,70779.795.71$551,643
Sep 202111,87759,22669.865.35$1,146,641
Aug 20213,33113,65366.024.22$277,536
Jul 20215,77244,40270.783.98$585,354
Jun 20216,26038,05369.493.38$563,650
May 20217,57373,26063.483.02$701,809
Apr 20219,33671,54960.362.76$760,883
Mar 20215,84635,01661.302.72$453,496
Feb 20213,87639,50057.805.55$443,177
Jan 202110,22387,27050.412.81$760,594
Dec 20209,88591,94944.642.68$687,272
Nov 20209,69292,11038.772.71$625,061
Oct 202010,85998,19136.972.48$644,817
Sep 202010,32391,72437.091.99$565,506
Aug 202011,02190,06039.982.39$655,422
Jul 20209,95185,34638.371.83$537,587
Jun 202011,79586,62834.901.69$558,074
May 202010,97391,10516.921.81$350,996
Apr 202012,45594,05214.751.80$353,417
Mar 202013,92694,75030.341.86$598,393
Feb 202013,93179,78749.881.98$852,910
Jan 202015,49684,98257.252.09$1,065,161
Dec 201913,97449,89859.012.30$939,589
Nov 201912,70663,93855.302.75$878,516
Oct 201916,49988,29753.472.42$1,095,751
Sep 201918,31890,23555.052.66$1,248,186
Aug 201919,40187,17353.112.30$1,231,265
Jul 201919,29982,72356.272.46$1,289,458
Jun 201920,03081,69552.782.49$1,260,702
May 201922,76690,37658.482.74$1,579,015
Apr 201922,32091,74362.632.75$1,650,259
Mar 201924,320107,87056.803.06$1,711,685
Feb 201924,609105,33350.852.79$1,545,481
Jan 201929,558104,38346.033.23$1,697,522
Dec 201832,218101,79146.594.19$1,927,077
Nov 201835,814106,99152.934.24$2,348,982
Oct 201836,13950,76861.443.40$2,392,894
Sep 201840,97681,64959.543.11$2,693,476
Aug 201855,549120,63959.403.07$3,669,557
Jul 201868,12988,98565.142.93$4,698,816
Jun 201881,91685,65760.183.08$5,193,265
May 201879,36775,04965.382.90$5,406,717

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               33,381 bbl  × $106.41 = $3,552,072
Casinghead gas   182,045 Mcf  × $  3.05 =   $554,480

────────────────────────────────────────────────────
Month total                               $4,106,552

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/19981 is the state's own key, not one this site invented.