NEAL RANCH 36 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 21910District 7CField 85279200OilCasinghead gasSave
Value, all time
$127.6 M
Oct 2022 – May 2026
Value, last 12 filed months
$20.5 M
at the published price for each month
Months reported
44
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
OilDisposition1,539,924 bbl$115,025,947
Casinghead gasProduction4,172,805 Mcf$12,544,846
Total$127,570,792

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 31.4941, -102.1063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.49415, -102.10629 · 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
9,619 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 9,042 and 9,624 ft, median 9,619 ft, over the 3 wells that filed a depth.

Completions filed
May 2023
3 of 3 wells

3 wells

42-461421533603BH9,624 ftMay 2023
42-461421553604BH9,619 ftMay 2023
42-461421543604LH9,042 ftMay 2023

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 (44)

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

44 months

May 202617,150104,791106.413.05$2,144,108
Apr 202616,45398,01898.932.87$1,908,980
Mar 202617,996102,46689.753.15$1,937,852
Feb 202616,41991,84963.503.75$1,387,070
Jan 202618,85398,80959.138.00$1,905,044
Dec 202519,34597,71556.664.41$1,527,339
Nov 202518,97387,27358.593.93$1,454,300
Oct 202519,82989,10959.383.30$1,471,937
Sep 202518,70289,57262.743.08$1,448,969
Aug 202520,587104,50063.933.01$1,631,169
Jul 202521,695111,32466.743.32$1,816,986
Jun 202522,510117,35266.483.13$1,863,626
May 202522,994108,81560.553.23$1,744,012
Apr 202524,036107,69762.363.54$1,880,468
Mar 202525,036114,26067.704.27$2,182,635
Feb 202524,759114,78170.884.34$2,253,164
Jan 202528,855127,65474.324.28$2,690,694
Dec 202429,939122,75068.993.12$2,448,640
Nov 202429,956115,95169.052.20$2,323,373
Oct 202429,67192,61571.372.28$2,328,911
Sep 202431,070110,17369.612.36$2,423,271
Aug 202436,235127,46875.632.06$3,003,500
Jul 202437,677127,58779.932.15$3,285,400
Jun 202437,385125,75778.082.63$3,250,262
May 202442,197078.812.20$3,325,546
Apr 202445,735144,48384.451.66$4,102,047
Mar 202447,456149,64880.301.55$4,041,942
Feb 202441,938145,96476.091.78$3,451,410
Jan 202455,552173,32073.023.30$4,627,957
Dec 202365,467153,41771.262.61$5,065,707
Nov 202364,787119,82277.892.81$5,382,667
Oct 202371,260108,70485.443.09$6,424,054
Sep 202379,844110,01889.042.74$7,410,213
Aug 202396,396118,39980.522.67$8,078,272
Jul 2023108,566115,86574.852.64$8,432,257
Jun 2023120,408126,11468.962.26$8,588,162
May 2023114,193118,76570.622.23$8,328,847
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$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               17,150 bbl  × $106.41 = $1,824,932
Casinghead gas   104,791 Mcf  × $  3.05 =   $319,177

────────────────────────────────────────────────────
Month total                               $2,144,108

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/21910 is the state's own key, not one this site invented.