KEIZHA-NEAL 2

Operated by SUMMIT PETROLEUM LLC (P-5 829221) 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 21482District 7CField 85279200OilCasinghead gasSave
Value, all time
$44.2 M
Jan 2022 – May 2026
Value, last 12 filed months
$3.8 M
at the published price for each month
Months reported
53
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
OilDisposition408,722 bbl$35,704,983
Casinghead gasProduction2,050,057 Mcf$8,481,996
Total$44,186,978

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 31.4722, -102.1335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47216, -102.13353 · 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
9,325 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 9,325 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-4614165304WB9,325 ftJan 2022

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 (53)

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

53 months

May 20262,89326,422106.413.05$388,321
Apr 20262,57125,47898.932.87$327,464
Mar 20262,67129,30389.753.15$332,010
Feb 20262,61826,46563.503.75$265,495
Jan 20262,97129,34459.138.00$410,366
Dec 20253,23529,93856.664.41$315,422
Nov 20252,56228,50458.593.93$262,027
Oct 20252,86731,79059.383.30$275,303
Sep 20253,01929,32262.743.08$279,634
Aug 20253,32530,58863.933.01$304,783
Jul 20253,39530,76466.743.32$328,571
Jun 20253,37828,86466.483.13$314,877
May 20253,67428,20460.553.23$313,625
Apr 20253,55327,44162.363.54$318,792
Mar 20253,61227,75667.704.27$363,004
Feb 20253,08025,06670.884.34$327,118
Jan 20253,18829,34374.324.28$362,481
Dec 20243,68634,53768.993.12$362,100
Nov 20243,62737,07869.052.20$331,958
Oct 20243,70339,97971.372.28$355,491
Sep 20243,59939,24469.612.36$343,313
Aug 20244,49038,69875.632.06$419,437
Jul 20244,88037,81179.932.15$471,223
Jun 20244,83637,53778.082.63$476,467
May 20244,93834,95678.812.20$466,012
Apr 20244,81433,11584.451.66$461,487
Mar 20245,09433,37580.301.55$460,617
Feb 20245,18931,72676.091.78$451,419
Jan 20245,61132,26573.023.30$516,114
Dec 20235,62434,44371.262.61$490,687
Nov 20235,85432,10577.892.81$546,105
Oct 20236,17136,13585.443.09$638,809
Sep 20235,13537,09689.042.74$558,679
Aug 20235,01746,91180.522.67$529,356
Jul 20236,10447,47474.852.64$582,301
Jun 20237,13442,75168.962.26$588,513
May 20238,06149,55370.622.23$679,642
Apr 20238,04648,86878.122.24$737,908
Mar 20239,28052,77972.852.39$802,357
Feb 20239,07547,90475.112.47$799,739
Jan 202310,68854,15576.533.39$1,001,415
Dec 202211,08252,14176.415.73$1,145,496
Nov 202212,56159,42685.005.65$1,403,216
Oct 202211,32346,98287.185.86$1,262,630
Sep 202214,02260,00584.888.16$1,680,049
Aug 202213,65358,87594.529.13$1,827,843
Jul 202217,11862,962101.587.54$2,213,711
Jun 202219,38363,598115.097.98$2,738,123
May 202224,23364,930109.378.43$3,197,921
Apr 202235,75468,185104.226.84$4,192,504
Mar 202228,42833,517108.885.08$3,265,386
Feb 202227,16032,87191.054.86$2,632,633
Jan 20227371,47881.844.54$67,023

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                2,893 bbl  × $106.41 =   $307,844
Casinghead gas    26,422 Mcf  × $  3.05 =    $80,477

────────────────────────────────────────────────────
Month total                                 $388,321

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/21482 is the state's own key, not one this site invented.