NEAL 34G

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 21645District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$75.1 M
Feb 2022 – May 2026
Value, last 12 filed months
$5.6 M
at the published price for each month
Months reported
52
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition711,978 bbl$64,076,776
Casinghead gasProduction2,710,490 Mcf$11,047,749
Total$75,124,525

Wells on this lease (3)

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 31.5111, -102.0368. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51110, -102.03679 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,926 ft
3 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.
3100.0%

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 8,289 and 9,476 ft, median 8,926 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2022
3 of 3 wells

3 wells

42-461417659HL9,476 ftFeb 2022
42-4614176610HD8,289 ftFeb 2022
42-4614176711HF8,926 ftFeb 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 (52)

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

52 months

May 20265,21093,178106.413.05$838,201
Apr 20263,50943,43598.932.87$471,792
Mar 20264,61645,46989.753.15$557,488
Feb 20265,14034,35363.503.75$455,225
Jan 20264,41639,26259.138.00$575,132
Dec 20255,67231,01956.664.41$458,274
Nov 20254,34141,84158.593.93$418,625
Oct 20254,47243,26759.383.30$408,538
Sep 20254,29529,91862.743.08$361,524
Aug 20254,60030,62963.933.01$386,417
Jul 20254,1644,42366.743.32$292,568
Jun 20254,42338,51366.483.13$414,537
May 20255,49647,86160.553.23$487,485
Apr 20257,67447,73562.363.54$647,681
Mar 20257,77652,16267.704.27$749,079
Feb 20256,01137,83870.884.34$590,308
Jan 20254,60934,51774.324.28$490,228
Dec 20245,20350,54568.993.12$516,725
Nov 20245,09547,05269.052.20$455,251
Oct 20245,85753,09771.372.28$539,150
Sep 20246,38843,87869.612.36$548,412
Aug 20244,94250,88875.632.06$478,777
Jul 20246,70853,61079.932.15$651,249
Jun 20246,87950,99878.082.63$671,440
May 20248,31051,20078.812.20$767,471
Apr 20246,53446,76784.451.66$629,392
Mar 20246,72454,32680.301.55$623,878
Feb 20249,25757,01776.091.78$806,063
Jan 20248,50744,77073.023.30$768,817
Dec 20237,19944,12071.262.61$628,186
Nov 20238,69648,76777.892.81$814,248
Oct 20239,75652,51585.443.09$995,681
Sep 202310,24354,43989.042.74$1,060,930
Aug 202310,59153,87280.522.67$996,781
Jul 202311,71057,34074.852.64$1,027,974
Jun 202311,30354,04268.962.26$901,508
May 202311,51956,48270.622.23$939,280
Apr 202312,60057,38778.122.24$1,112,730
Mar 202313,48963,58272.852.39$1,134,836
Feb 202313,06854,28175.112.47$1,115,377
Jan 202316,29962,31876.533.39$1,458,478
Dec 202216,32756,38276.415.73$1,570,563
Nov 202217,43750,46685.005.65$1,767,086
Oct 202219,66854,54587.185.86$2,034,495
Sep 202222,36768,76084.888.16$2,459,846
Aug 202227,06973,57594.529.13$3,230,093
Jul 202231,86379,247101.587.54$3,834,331
Jun 202240,38592,943115.097.98$5,389,335
May 202250,98690,331109.378.43$6,338,104
Apr 202268,44077,519104.226.84$7,662,861
Mar 202292,90586,364108.885.08$10,553,915
Feb 202221,23021,64591.054.86$2,038,161

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                5,210 bbl  × $106.41 =   $554,396
Casinghead gas    93,178 Mcf  × $  3.05 =   $283,805

────────────────────────────────────────────────────
Month total                                 $838,201

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/21645 is the state's own key, not one this site invented.