NEAL, H. F., -24- B

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 3784District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$666 k
Jan 1993 – Sep 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
285
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition14,980 bbl$375,370
Casinghead gasProduction116,522 Mcf$291,049
Total$666,419

50,996 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 31.6089, -101.9286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.60887, -101.92862 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,390 ft
2 wells filed one
Completion to plug
26.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,360 and 8,420 ft, median 8,390 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1983
1 of 2 wells; 1 filed none
Plug dates filed
May 1983 – May 2010
2 of 2 wells

Last completion to plug: a median of 26.9 years across the 1 well that filed both dates, with the middle half between 26.9 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4610109118,360 ftMay 1983Yes
42-4613202728,420 ftJun 1983May 2010Yes

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 (285)

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

285 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200708070.906.39$511
Jun 200717644262.007.55$14,248
May 2007048258.747.85$3,782
Apr 200717942459.617.81$13,980
Mar 2007043956.927.30$3,206
Feb 2007025855.108.22$2,120
Jan 2007015550.306.73$1,043
Dec 2006031356.656.92$2,165
Nov 200615738854.207.62$11,465
Oct 2006045254.906.01$2,718
Sep 200617838960.085.04$12,654
Aug 2006041268.717.34$3,024
Jul 2006060269.376.34$3,818
Jun 200617843266.286.38$14,556
May 2006064066.016.42$4,112
Apr 2006046464.397.36$3,415
Mar 200617446856.707.08$13,181
Feb 2006042457.597.75$3,286
Jan 2006044060.598.93$3,931
Dec 200517943954.9413.42$15,724
Nov 2005044654.6910.59$4,722
Oct 200517847558.3413.80$16,938
Sep 2005039261.4512.08$4,735
Aug 2005137161.519.80$3,696
Jul 200518148755.697.84$13,900
Jun 2005048052.337.38$3,543
May 2005048745.226.65$3,239
Apr 200517847949.207.36$12,283
Mar 2005044950.377.15$3,213
Feb 2005038145.226.31$2,405
Jan 200518644243.166.32$10,822
Dec 2004041439.866.75$2,795
Nov 200418043945.286.33$10,929
Oct 2004044549.706.52$2,899
Sep 2004043443.245.28$2,293
Aug 2004042442.375.55$2,353
Jul 200418344938.286.08$9,737
Jun 2004044236.106.43$2,843
May 200417842737.486.49$9,445
Apr 2004037134.475.86$2,173
Mar 2004043834.365.53$2,422
Feb 200418138632.455.51$8,000
Jan 2004041532.036.30$2,614
Dec 2003043730.266.30$2,754
Nov 200318243228.804.60$7,227
Oct 2003045728.174.76$2,175
Sep 2003045826.314.75$2,175
Aug 200313344129.765.13$6,220
Jul 2003045229.415.17$2,337
Jun 200317946228.565.98$7,876
May 2003056826.595.97$3,392
Apr 2003045926.675.41$2,482
Mar 200317946631.146.10$8,415
Feb 2003041533.487.93$3,289
Jan 2003040030.315.58$2,233
Dec 200218131226.914.85$6,385
Nov 2002046124.664.14$1,907
Oct 2002047526.464.23$2,009
Sep 200218045927.443.64$6,608
Aug 2002043525.963.16$1,376
Jul 2002046224.583.06$1,415
Jun 200218241523.733.34$5,704
May 2002045924.663.58$1,645
Apr 200217445723.653.51$5,720
Mar 2002046122.003.10$1,430
Feb 2002040118.222.38$953
Jan 200217346717.172.38$4,080
Dec 2001048616.932.36$1,149
Nov 200117748818.072.41$4,372
Oct 2001048219.782.53$1,219
Sep 2001049924.262.25$1,123
Aug 200118352924.873.05$6,166
Jul 2001044723.933.20$1,429
Jun 200117952324.563.82$6,396
May 2001050925.524.31$2,192
Apr 2001042324.685.34$2,257
Mar 2001041224.545.38$2,215
Feb 200117034527.755.77$6,707
Jan 2001046527.478.40$3,905
Dec 200016753926.889.12$9,406
Nov 2000045432.215.66$2,569
Oct 200016537231.235.15$7,067
Sep 2000051931.875.19$2,692
Aug 2000057029.644.54$2,588
Jul 2000057628.534.09$2,356
Jun 200016733929.304.40$6,384
May 2000043727.263.68$1,608
Apr 2000050624.513.12$1,577
Mar 200016851428.422.86$6,244
Feb 2000045227.622.73$1,232
Jan 2000046625.272.48$1,156
Dec 199916645824.282.42$5,141
Nov 1999045723.192.43$1,112
Oct 1999050220.982.80$1,407
Sep 199917448921.752.62$5,065
Aug 1999045219.262.88$1,300
Jul 199918639817.892.37$4,272
Jun 1999037715.942.36$891
May 1999038215.792.32$887
Apr 1999035215.102.21$777
Mar 1999031912.471.84$586
Feb 199902509.981.82$454
Jan 1999020810.381.90$395
Dec 199801569.201.77$277
Nov 199807310.892.19$160
Oct 19981691,09312.421.97$4,251
Sep 199817348112.592.08$3,180
Aug 1998091711.301.91$1,749
Jul 1998072611.742.24$1,624
Jun 199819268311.242.24$3,686
May 1998084612.622.21$1,867
Apr 199816774013.042.51$4,032
Mar 1998073812.802.31$1,704
Feb 199815986313.952.30$4,202
Jan 199817693014.702.15$4,591
Dec 1997093016.322.41$2,242
Nov 199717394218.193.09$6,056
Oct 19971681,01119.253.15$6,418
Sep 1997099917.742.95$2,952
Aug 19971791,23617.862.55$6,355
Jul 199701,08317.582.25$2,433
Jun 19971791,04417.242.26$5,442
May 19971731,07818.972.31$5,770
Apr 199701,05317.882.08$2,193
Mar 19971871,08118.951.94$5,640
Feb 199717296220.492.21$5,646
Jan 19971681,03823.483.54$7,619
Dec 199601,04923.32$0
Nov 19961831,05221.97$4,021
Oct 19961781,11223.31$4,149
Sep 199601,07322.22$0
Aug 19961711,13420.26$3,464
Jul 19961681,16819.55$3,284
Jun 19961691,12218.73$3,165
May 199601,15519.43$0
Apr 19961751,07621.51$3,764
Mar 199617882719.38$3,450
Feb 1996099816.98$0
Jan 19961861,02417.07$3,175
Dec 19951921,04917.19$3,300
Nov 19951841,03616.00$2,944
Oct 19951831,11815.43$2,824
Sep 199501,10416.18$0
Aug 199518396615.92$2,913
Jul 19951791,17115.24$2,728
Jun 19951771,10816.41$2,905
May 199501,05717.56$0
Apr 199517291617.73$3,050
Mar 19951821,06016.44$2,992
Feb 199518382916.58$3,034
Jan 19951851,00815.92$2,945
Dec 19941811,03715.03$2,720
Nov 19941841,00515.90$2,926
Oct 19941771,06915.58$2,758
Sep 19941801,15115.29$2,752
Aug 19941771,21616.13$2,855
Jul 19941781,23917.56$3,126
Jun 19941761,22817.09$3,008
May 19941761,25215.88$2,795
Apr 199452789814.14$7,452
Mar 1994097212.46$0
Feb 1994087812.50$0
Jan 1994092212.66$0
Dec 1993090412.33$0
Nov 1993088214.49$0
Oct 199301,08915.85$0
Sep 19931721,16015.03$2,585
Aug 19931741,25615.66$2,725
Jul 199301,15415.46$0
Jun 19931721,10716.79$2,888
May 19931791,17017.68$3,165
Apr 199317893518.05$3,213
Mar 19931781,21218.14$3,229
Feb 199301,01117.90$0
Jan 19931761,03716.93$2,980

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.

Jul 2007 — as filed, then multipliedworked
Oil                    0 bbl  × $ 70.90 =         $0
Casinghead gas        80 Mcf  × $  6.39 =       $511

────────────────────────────────────────────────────
Month total                                     $511

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/3784 is the state's own key, not one this site invented.