NEAL 34E

Operated by OVINTIV USA INC. (P-5 628658) 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 21637District 7CField 85279200OilCasinghead gasSave
Value, all time
$111.5 M
Aug 2021 – May 2026
Value, last 12 filed months
$10.2 M
at the published price for each month
Months reported
58
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
OilDisposition1,125,917 bbl$97,600,612
Casinghead gasProduction3,410,462 Mcf$13,891,552
Total$111,492,164

Wells on this lease (4)

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 31.5046, -102.0386. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.50465, -102.03868 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
8,784 ft
4 wells filed one
Completion to plug
2.8 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 449 and 9,456 ft, median 8,784 ft, over the 4 wells that filed a depth.

Completions filed
Aug 2021 – Feb 2022
4 of 4 wells
Plug dates filed
May 2024
1 of 4 wells; 3 filed none

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-461417594HE8,666 ftFeb 2022
42-461417572HF8,901 ftFeb 2022
42-461417583HL9,456 ftFeb 2022
42-461417605HD449 ftAug 2021May 2024Yes

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 (58)

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

58 months

May 20267,877108,410106.413.05$1,168,391
Apr 20267,44855,64598.932.87$896,516
Mar 20267,68060,87889.753.15$881,012
Feb 20268,35651,01063.503.75$721,910
Jan 20268,61754,29159.138.00$943,738
Dec 20259,11444,55056.664.41$713,014
Nov 20258,11560,84158.593.93$714,346
Oct 20259,34574,87159.383.30$802,343
Sep 20259,96168,51462.743.08$835,765
Aug 202511,34272,00263.933.01$942,163
Jul 202511,3088,90166.743.32$784,205
Jun 20258,49458,22066.483.13$746,835
May 20258,86858,52860.553.23$726,139
Apr 202510,41162,99862.363.54$872,439
Mar 202511,61765,35067.704.27$1,065,406
Feb 202511,54950,46770.884.34$1,037,662
Jan 202510,63953,48174.324.28$1,019,519
Dec 202414,15555,74668.993.12$1,150,557
Nov 202412,42948,05969.052.20$963,877
Oct 202415,76758,69671.372.28$1,259,200
Sep 202410,18939,14869.612.36$801,816
Aug 202411,24342,22675.632.06$937,447
Jul 202414,88150,12379.932.15$1,297,032
Jun 202413,23748,83278.082.63$1,162,167
May 202412,51541,65478.812.20$1,077,881
Apr 202415,76265,44184.451.66$1,439,681
Mar 202415,00461,60080.301.55$1,300,001
Feb 202415,21559,84076.091.78$1,264,442
Jan 202417,31058,12173.023.30$1,455,640
Dec 202317,24063,10671.262.61$1,393,275
Nov 202318,10166,96677.892.81$1,597,898
Oct 202318,41368,06485.443.09$1,783,339
Sep 202321,04871,14789.042.74$2,068,704
Aug 202322,26662,76580.522.67$1,960,622
Jul 202322,83067,91974.852.64$1,888,254
Jun 202322,14769,69268.962.26$1,684,655
May 202326,40381,89670.622.23$2,046,995
Apr 202321,81269,50078.122.24$1,859,478
Mar 202326,78881,30772.852.39$2,146,086
Feb 202324,98475,49775.112.47$2,062,700
Jan 202328,38378,10176.533.39$2,436,735
Dec 202227,30768,42376.415.73$2,478,529
Nov 202229,91875,26585.005.65$2,967,991
Oct 202232,69084,49387.185.86$3,345,361
Sep 202229,74979,36984.888.16$3,173,038
Aug 202224,22473,62594.529.13$2,961,640
Jul 202237,33583,628101.587.54$4,423,218
Jun 202261,217133,739115.097.98$8,112,327
May 202280,111105,513109.378.43$9,651,535
Apr 202280,74493,352104.226.84$9,053,443
Mar 202287,08190,206108.885.08$9,939,301
Feb 202236,47728,44691.054.86$3,459,445
Jan 2022201081.844.54$16,450
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0

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                7,877 bbl  × $106.41 =   $838,192
Casinghead gas   108,410 Mcf  × $  3.05 =   $330,200

────────────────────────────────────────────────────
Month total                               $1,168,391

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/21637 is the state's own key, not one this site invented.