NEAL ESTATE 14

Name: NEAL ESTATE 14 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the BENEDUM (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7880District 7CField 07109500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$3.6 M

Jan 1993 – May 2016

Value, last 12 filed months

at the published price for each month

Months reported

281

no gaps in the span

Streams

oil, casinghead gas

The BENEDUM (FUSSELMAN) field

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 119 leases and 139 wells, and the rule below applies to all of them.

Discovered

1948-08-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “PER DOCKET 7C-0239112 EFF 7/22/04, ALLOCATION FORMULA SUSPENDED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	24,635 bbl	$854,225
Casinghead gas	Production	701,074 Mcf	$2,739,411
Total			$3,593,636

139,174 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 (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 31.3535, -101.8307. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35348, -101.83074 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,300 ft

1 wells filed one

Completion to plug

36.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 11,300 ft.

Completions filed

May 1979

1 of 1 wells

Plug dates filed

Mar 2016

1 of 1 wells

Last completion to plug: a median of 36.8 years across the 1 well that filed both dates, with the middle half between 36.8 years and 36.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46131424	1	11,300 ft	May 1979	Mar 2016	Yes

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 (281)

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

281 months


May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	164	0	44.66	2.98	$7,324
Jan 2015	0	1,312	43.43	3.10	$4,068
Dec 2014	0	2,224	54.69	3.59	$7,987
Nov 2014	162	2,207	70.46	4.25	$20,798
Oct 2014	0	2,526	78.30	3.90	$9,854
Sep 2014	0	2,122	86.16	4.05	$8,584
Aug 2014	180	1,891	89.39	4.04	$23,721
Jul 2014	0	2,348	96.56	4.18	$9,814
Jun 2014	0	2,315	98.16	4.74	$10,966
May 2014	0	2,425	94.73	4.73	$11,462
Apr 2014	0	2,347	95.94	4.81	$11,287
Mar 2014	178	2,509	95.89	5.06	$29,756
Feb 2014	173	2,528	97.40	6.19	$32,504
Jan 2014	0	2,032	90.40	4.86	$9,877
Dec 2013	0	2,214	91.82	4.35	$9,641
Nov 2013	0	2,179	88.85	3.74	$8,146
Oct 2013	0	2,288	97.42	3.78	$8,647
Sep 2013	180	2,265	104.11	3.72	$27,160
Aug 2013	0	2,426	104.25	3.52	$8,546
Jul 2013	0	2,532	102.52	3.72	$9,413
Jun 2013	176	2,429	94.40	3.93	$26,169
May 2013	0	2,420	94.83	4.15	$10,041
Apr 2013	0	2,200	93.96	4.28	$9,422
Mar 2013	0	2,316	93.62	3.91	$9,062
Feb 2013	0	2,171	91.23	3.42	$7,425
Jan 2013	183	2,442	91.60	3.42	$25,114
Dec 2012	0	2,303	86.77	3.42	$7,877
Nov 2012	0	2,389	86.95	3.62	$8,660
Oct 2012	0	2,206	89.38	3.40	$7,500
Sep 2012	0	2,155	94.67	2.92	$6,289
Aug 2012	0	2,240	92.66	2.91	$6,514
Jul 2012	181	2,261	85.13	3.02	$22,239
Jun 2012	0	2,186	79.82	2.52	$5,507
May 2012	0	2,272	91.61	2.49	$5,653
Apr 2012	0	2,207	101.65	2.00	$4,407
Mar 2012	0	2,328	105.05	2.22	$5,173
Feb 2012	186	2,224	101.10	2.57	$24,521
Jan 2012	0	2,242	98.09	2.73	$6,130
Dec 2011	0	2,252	96.87	3.24	$7,296
Nov 2011	0	2,208	95.72	3.31	$7,311
Oct 2011	0	2,307	84.98	3.65	$8,417
Sep 2011	181	2,254	83.62	3.99	$24,119
Aug 2011	0	2,345	83.40	4.15	$9,730
Jul 2011	0	2,366	94.14	4.52	$10,688
Jun 2011	0	2,340	92.90	4.64	$10,857
May 2011	0	2,348	98.13	4.40	$10,343
Apr 2011	172	2,296	105.96	4.33	$28,174
Mar 2011	0	2,357	96.36	4.06	$9,563
Feb 2011	0	2,093	85.64	4.18	$8,749
Jan 2011	0	2,351	86.50	4.59	$10,788
Dec 2010	178	2,401	85.73	4.35	$25,699
Nov 2010	0	2,274	80.84	3.80	$8,631
Oct 2010	0	2,366	78.10	3.51	$8,302
Sep 2010	0	2,307	72.63	3.98	$9,181
Aug 2010	180	2,225	73.68	4.42	$23,095
Jul 2010	0	2,413	72.55	4.74	$11,429
Jun 2010	0	2,372	70.36	4.91	$11,647
May 2010	0	2,431	71.12	4.24	$10,296
Apr 2010	182	2,358	81.69	4.12	$24,589
Mar 2010	0	2,442	78.39	4.39	$10,717
Feb 2010	0	2,217	73.58	5.44	$12,066
Jan 2010	186	2,481	74.36	5.96	$28,628
Dec 2009	0	2,521	71.44	5.48	$13,825
Nov 2009	0	2,298	74.59	3.75	$8,621
Oct 2009	0	2,411	72.54	4.11	$9,910
Sep 2009	182	2,360	65.54	3.06	$19,161
Aug 2009	0	2,471	67.42	3.22	$7,953
Jul 2009	0	2,497	61.13	3.46	$8,651
Jun 2009	0	2,451	66.16	3.90	$9,547
May 2009	177	2,568	54.74	3.93	$19,770
Apr 2009	0	2,484	46.77	3.59	$8,911
Mar 2009	0	2,582	42.14	4.06	$10,480
Feb 2009	179	2,328	32.81	4.63	$16,659
Jan 2009	0	2,588	35.86	5.37	$13,900
Dec 2008	0	2,652	37.10	5.98	$15,851
Nov 2008	176	2,609	55.49	6.86	$27,665
Oct 2008	0	2,826	75.24	6.92	$19,562
Sep 2008	0	2,460	101.76	7.88	$19,378
Aug 2008	166	2,670	114.22	8.48	$41,610
Jul 2008	0	2,695	131.08	11.39	$30,695
Jun 2008	0	2,620	131.33	13.03	$34,145
May 2008	174	2,670	123.17	11.57	$52,335
Apr 2008	0	2,523	110.31	10.45	$26,378
Mar 2008	0	2,607	101.90	9.66	$25,194
Feb 2008	174	2,454	92.53	8.77	$37,623
Jan 2008	0	2,625	90.38	8.21	$21,540
Dec 2007	0	2,649	88.33	7.30	$19,343
Nov 2007	158	2,578	91.67	7.29	$33,282
Oct 2007	0	2,699	82.85	6.92	$18,682
Sep 2007	175	2,639	75.84	6.24	$29,750
Aug 2007	0	2,708	69.06	6.39	$17,299
Jul 2007	0	2,770	70.90	6.39	$17,695
Jun 2007	170	2,686	62.00	7.55	$30,815
May 2007	0	2,761	58.74	7.85	$21,664
Apr 2007	0	2,672	59.61	7.81	$20,855
Mar 2007	175	2,766	56.92	7.30	$30,158
Feb 2007	0	2,515	55.10	8.22	$20,663
Jan 2007	174	2,733	50.30	6.73	$27,137
Dec 2006	0	2,761	56.65	6.92	$19,102
Nov 2006	0	2,713	54.20	7.62	$20,666
Oct 2006	175	2,832	54.90	6.01	$26,639
Sep 2006	0	2,728	60.08	5.04	$13,741
Aug 2006	176	3,026	68.71	7.34	$34,304
Jul 2006	0	2,576	69.37	6.34	$16,339
Jun 2006	0	2,721	66.28	6.38	$17,371
May 2006	174	2,855	66.01	6.42	$29,829
Apr 2006	0	2,738	64.39	7.36	$20,153
Mar 2006	178	2,856	56.70	7.08	$30,321
Feb 2006	0	2,568	57.59	7.75	$19,905
Jan 2006	0	2,873	60.59	8.93	$25,665
Dec 2005	180	2,848	54.94	13.42	$48,096
Nov 2005	0	2,787	54.69	10.59	$29,510
Oct 2005	174	2,898	58.34	13.80	$50,131
Sep 2005	0	2,846	61.45	12.08	$34,377
Aug 2005	0	2,965	61.51	9.80	$29,048
Jul 2005	172	3,015	55.69	7.84	$33,227
Jun 2005	0	2,963	52.33	7.38	$21,870
May 2005	168	3,061	45.22	6.65	$27,956
Apr 2005	174	2,835	49.20	7.36	$29,428
Mar 2005	0	2,904	50.37	7.15	$20,778
Feb 2005	0	2,642	45.22	6.31	$16,676
Jan 2005	180	2,952	43.16	6.32	$26,432
Dec 2004	154	3,054	39.86	6.75	$26,756
Nov 2004	0	2,725	45.28	6.33	$17,250
Oct 2004	0	2,933	49.70	6.52	$19,109
Sep 2004	0	2,971	43.24	5.28	$15,698
Aug 2004	179	2,971	42.37	5.55	$24,075
Jul 2004	0	2,985	38.28	6.08	$18,161
Jun 2004	0	2,899	36.10	6.43	$18,649
May 2004	181	3,009	37.48	6.49	$26,326
Apr 2004	0	2,912	34.47	5.86	$17,060
Mar 2004	180	3,017	34.36	5.53	$22,869
Feb 2004	0	2,821	32.45	5.51	$15,543
Jan 2004	183	3,034	32.03	6.30	$24,975
Dec 2003	0	3,063	30.26	6.30	$19,302
Nov 2003	181	2,999	28.80	4.60	$18,994
Oct 2003	0	3,168	28.17	4.76	$15,079
Sep 2003	180	3,144	26.31	4.75	$19,668
Aug 2003	0	3,107	29.76	5.13	$15,938
Jul 2003	178	2,321	29.41	5.17	$17,237
Jun 2003	0	2,474	28.56	5.98	$14,802
May 2003	0	2,605	26.59	5.97	$15,559
Apr 2003	179	2,573	26.67	5.41	$18,687
Mar 2003	182	2,669	31.14	6.10	$21,938
Feb 2003	0	2,405	33.48	7.93	$19,062
Jan 2003	0	2,761	30.31	5.58	$15,412
Dec 2002	180	2,648	26.91	4.85	$17,697
Nov 2002	184	2,560	24.66	4.14	$15,128
Oct 2002	181	2,710	26.46	4.23	$16,250
Sep 2002	0	2,484	27.44	3.64	$9,030
Aug 2002	0	2,676	25.96	3.16	$8,467
Jul 2002	180	2,746	24.58	3.06	$12,832
Jun 2002	180	2,937	23.73	3.34	$14,076
May 2002	0	3,098	24.66	3.58	$11,103
Apr 2002	179	3,110	23.65	3.51	$15,157
Mar 2002	0	3,299	22.00	3.10	$10,236
Feb 2002	182	3,036	18.22	2.38	$10,529
Jan 2002	182	3,486	17.17	2.38	$11,407
Dec 2001	0	3,208	16.93	2.36	$7,585
Nov 2001	0	3,029	18.07	2.41	$7,286
Oct 2001	178	3,143	19.78	2.53	$11,469
Sep 2001	181	3,098	24.26	2.25	$11,366
Aug 2001	0	3,252	24.87	3.05	$9,929
Jul 2001	177	3,286	23.93	3.20	$14,741
Jun 2001	0	3,318	24.56	3.82	$12,689
May 2001	359	3,514	25.52	4.31	$24,298
Apr 2001	181	3,444	24.68	5.34	$22,842
Mar 2001	166	3,455	24.54	5.38	$22,649
Feb 2001	0	2,055	27.75	5.77	$11,851
Jan 2001	184	2,280	27.47	8.40	$24,204
Dec 2000	0	2,318	26.88	9.12	$21,146
Nov 2000	309	2,269	32.21	5.66	$22,791
Oct 2000	0	2,390	31.23	5.15	$12,298
Sep 2000	174	2,379	31.87	5.19	$17,884
Aug 2000	0	2,572	29.64	4.54	$11,679
Jul 2000	169	2,898	28.53	4.09	$16,674
Jun 2000	180	2,111	29.30	4.40	$14,557
May 2000	0	2,212	27.26	3.68	$8,140
Apr 2000	182	2,204	24.51	3.12	$11,328
Mar 2000	0	2,265	28.42	2.86	$6,477
Feb 2000	182	2,143	27.62	2.73	$10,870
Jan 2000	0	2,233	25.27	2.48	$5,539
Dec 1999	186	2,204	24.28	2.42	$9,858
Nov 1999	0	2,190	23.19	2.43	$5,330
Oct 1999	178	2,350	20.98	2.80	$10,323
Sep 1999	0	2,396	21.75	2.62	$6,275
Aug 1999	175	2,531	19.26	2.88	$10,649
Jul 1999	178	2,602	17.89	2.37	$9,357
Jun 1999	178	2,555	15.94	2.36	$8,872
May 1999	0	2,486	15.79	2.32	$5,770
Apr 1999	178	2,341	15.10	2.21	$7,857
Mar 1999	180	2,512	12.47	1.84	$6,862
Feb 1999	187	2,596	9.98	1.82	$6,585
Jan 1999	158	2,260	10.38	1.90	$5,934
Dec 1998	182	2,395	9.20	1.77	$5,922
Nov 1998	0	2,376	10.89	2.19	$5,193
Oct 1998	177	2,437	12.42	1.97	$6,997
Sep 1998	0	2,385	12.59	2.08	$4,967
Aug 1998	182	2,497	11.30	1.91	$6,819
Jul 1998	180	2,560	11.74	2.24	$7,841
Jun 1998	0	2,593	11.24	2.24	$5,801
May 1998	180	2,768	12.62	2.21	$8,379
Apr 1998	181	2,833	13.04	2.51	$9,458
Mar 1998	178	2,767	12.80	2.31	$8,669
Feb 1998	0	2,545	13.95	2.30	$5,851
Jan 1998	184	2,929	14.70	2.15	$9,016
Dec 1997	182	2,894	16.32	2.41	$9,948
Nov 1997	174	2,828	18.19	3.09	$11,899
Oct 1997	182	2,869	19.25	3.15	$12,540
Sep 1997	181	2,524	17.74	2.95	$10,669
Aug 1997	181	2,651	17.86	2.55	$10,005
Jul 1997	0	2,925	17.58	2.25	$6,572
Jun 1997	182	2,775	17.24	2.26	$9,401
May 1997	181	2,808	18.97	2.31	$9,916
Apr 1997	181	2,839	17.88	2.08	$9,149
Mar 1997	176	2,708	18.95	1.94	$8,586
Feb 1997	184	2,590	20.49	2.21	$9,483
Jan 1997	175	2,301	23.48	3.54	$12,254
Dec 1996	0	2,613	23.32	—	$0
Nov 1996	181	2,548	21.97	—	$3,977
Oct 1996	164	2,585	23.31	—	$3,823
Sep 1996	179	2,718	22.22	—	$3,977
Aug 1996	0	2,909	20.26	—	$0
Jul 1996	177	2,787	19.55	—	$3,460
Jun 1996	179	2,677	18.73	—	$3,353
May 1996	0	2,916	19.43	—	$0
Apr 1996	183	2,925	21.51	—	$3,936
Mar 1996	183	2,374	19.38	—	$3,547
Feb 1996	183	2,497	16.98	—	$3,107
Jan 1996	0	2,735	17.07	—	$0
Dec 1995	179	2,686	17.19	—	$3,077
Nov 1995	181	2,736	16.00	—	$2,896
Oct 1995	181	2,917	15.43	—	$2,793
Sep 1995	178	2,929	16.18	—	$2,880
Aug 1995	179	3,122	15.92	—	$2,850
Jul 1995	179	3,177	15.24	—	$2,728
Jun 1995	172	2,980	16.41	—	$2,823
May 1995	175	3,344	17.56	—	$3,073
Apr 1995	179	2,490	17.73	—	$3,174
Mar 1995	177	2,897	16.44	—	$2,910
Feb 1995	0	2,480	16.58	—	$0
Jan 1995	178	2,882	15.92	—	$2,834
Dec 1994	173	2,713	15.03	—	$2,600
Nov 1994	168	3,033	15.90	—	$2,671
Oct 1994	0	2,837	15.58	—	$0
Sep 1994	167	2,663	15.29	—	$2,553
Aug 1994	168	2,918	16.13	—	$2,710
Jul 1994	161	2,974	17.56	—	$2,827
Jun 1994	0	2,969	17.09	—	$0
May 1994	147	2,818	15.88	—	$2,334
Apr 1994	165	3,023	14.14	—	$2,333
Mar 1994	170	3,158	12.46	—	$2,118
Feb 1994	158	2,931	12.50	—	$1,975
Jan 1994	170	3,174	12.66	—	$2,152
Dec 1993	183	3,400	12.33	—	$2,256
Nov 1993	162	3,131	14.49	—	$2,347
Oct 1993	346	3,729	15.85	—	$5,484
Sep 1993	179	3,001	15.03	—	$2,690
Aug 1993	165	3,901	15.66	—	$2,584
Jul 1993	169	2,694	15.46	—	$2,613
Jun 1993	168	2,961	16.79	—	$2,821
May 1993	176	3,105	17.68	—	$3,112
Apr 1993	0	2,204	18.05	—	$0
Mar 1993	169	2,918	18.14	—	$3,066
Feb 1993	170	2,840	17.90	—	$3,043
Jan 1993	173	3,155	16.93	—	$2,929

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.

Feb 2015 — as filed, then multipliedworked

Oil                  164 bbl  × $ 44.66 =     $7,324
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $7,324

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/7880 is the state's own key, not one this site invented.