NEAL ESTATE 14 "B"

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) 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 8548District 7CField 07109500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$657 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 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.

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
OilDisposition9,753 bbl$353,129
Casinghead gasProduction95,943 Mcf$303,461
Total$656,589

22,656 Mcf of this lease's gas, across 37 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 31.3500, -101.8407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35004, -101.84074 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,380 ft
1 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.
1100.0%

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 11,380 ft.

Completions filed
Oct 1980
1 of 1 wells

1 well

42-46131601111,380 ftOct 1980

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
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
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021117057.805.55$6,763
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201702947.933.21$93
Mar 2017026946.772.98$803
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016173045.352.69$7,846
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 201509042.992.76$248
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015019356.152.88$556
May 2015023555.212.96$695
Apr 2015021149.822.71$571
Mar 2015029342.892.93$860
Feb 2015025244.662.98$750
Jan 2015028943.433.10$896
Dec 2014042154.693.59$1,512
Nov 2014011570.464.25$489
Oct 201404078.303.90$156
Sep 2014012786.164.05$514
Aug 2014017089.394.04$686
Jul 2014013096.564.18$543
Jun 201419511798.164.74$19,695
May 2014011794.734.73$553
Apr 2014013795.944.81$659
Mar 2014017995.895.06$905
Feb 201408697.406.19$533
Jan 2014014390.404.86$695
Dec 2013014491.824.35$627
Nov 2013014888.853.74$553
Oct 2013013797.423.78$518
Sep 20130129104.113.72$480
Aug 20130158104.253.52$557
Jul 20130145102.523.72$539
Jun 2013013694.403.93$535
May 2013013094.834.15$539
Apr 2013011193.964.28$475
Mar 201317111693.623.91$16,463
Feb 201317311891.233.42$16,186
Jan 2013013491.603.42$458
Dec 2012013686.773.42$465
Nov 2012020486.953.62$739
Oct 2012015389.383.40$520
Sep 2012014994.672.92$435
Aug 2012014792.662.91$428
Jul 2012012485.133.02$375
Jun 2012014479.822.52$363
May 2012011291.612.49$279
Apr 20120154101.652.00$308
Mar 20120201105.052.22$447
Feb 20120183101.102.57$470
Jan 2012011598.092.73$314
Dec 2011012796.873.24$411
Nov 2011017295.723.31$570
Oct 2011016384.983.65$595
Sep 2011016783.623.99$666
Aug 2011013983.404.15$577
Jul 2011014294.144.52$641
Jun 2011021192.904.64$979
May 201115513298.134.40$15,792
Apr 20110258105.964.33$1,118
Mar 2011015596.364.06$629
Feb 2011014585.644.18$606
Jan 2011016986.504.59$776
Dec 2010011685.734.35$504
Nov 201017421580.843.80$14,882
Oct 2010030278.103.51$1,060
Sep 2010021972.633.98$872
Aug 2010022273.684.42$981
Jul 2010017772.554.74$838
Jun 2010018770.364.91$918
May 2010026171.124.24$1,105
Apr 2010020881.694.12$858
Mar 201016020878.394.39$13,455
Feb 2010021473.585.44$1,165
Jan 2010025374.365.96$1,509
Dec 2009014871.445.48$812
Nov 2009026274.593.75$983
Oct 2009033472.544.11$1,373
Sep 2009029165.543.06$892
Aug 2009035167.423.22$1,130
Jul 2009035761.133.46$1,237
Jun 200934638366.163.90$24,383
May 2009036154.743.93$1,417
Apr 2009042546.773.59$1,525
Mar 2009033442.144.06$1,356
Feb 2009020732.814.63$959
Jan 2009019635.865.37$1,053
Dec 2008016037.105.98$956
Nov 2008024855.496.86$1,701
Oct 2008025675.246.92$1,772
Sep 20080372101.767.88$2,930
Aug 20080176114.228.48$1,493
Jul 20080180131.0811.39$2,050
Jun 2008176114131.3313.03$24,600
May 20080220123.1711.57$2,546
Apr 20080272110.3110.45$2,844
Mar 20080459101.909.66$4,436
Feb 2008017492.538.77$1,526
Jan 2008011990.388.21$976
Dec 2007022088.337.30$1,606
Nov 2007031191.677.29$2,268
Oct 2007022082.856.92$1,523
Sep 2007011275.846.24$699
Aug 200717522269.066.39$13,504
Jul 2007030370.906.39$1,936
Jun 2007035762.007.55$2,695
May 2007036158.747.85$2,833
Apr 200717532359.617.81$12,953
Mar 2007032056.927.30$2,337
Feb 2007032555.108.22$2,670
Jan 200717942050.306.73$11,829
Dec 2006045456.656.92$3,141
Nov 2006046454.207.62$3,535
Oct 2006040154.906.01$2,412
Sep 200609760.085.04$489
Aug 2006012468.717.34$910
Jul 2006010669.376.34$672
Jun 2006013366.286.38$849
May 2006010566.016.42$675
Apr 2006011764.397.36$861
Mar 200617112056.707.08$10,546
Feb 2006111457.597.75$941
Jan 2006011860.598.93$1,054
Dec 2005015754.9413.42$2,106
Nov 2005011954.6910.59$1,260
Oct 2005015858.3413.80$2,180
Sep 2005012261.4512.08$1,474
Aug 2005015261.519.80$1,489
Jul 2005011855.697.84$926
Jun 2005019952.337.38$1,469
May 2005013645.226.65$905
Apr 200517511549.207.36$9,456
Mar 2005016850.377.15$1,202
Feb 2005012945.226.31$814
Jan 2005017743.166.32$1,119
Dec 2004020339.866.75$1,370
Nov 2004012745.286.33$804
Oct 2004020349.706.52$1,323
Sep 200408543.245.28$449
Aug 200417526042.375.55$8,858
Jul 2004016438.286.08$998
Jun 2004018936.106.43$1,216
May 2004023037.486.49$1,494
Apr 2004012734.475.86$744
Mar 2004027534.365.53$1,521
Feb 2004022032.455.51$1,212
Jan 2004034432.036.30$2,167
Dec 200317418630.266.30$6,437
Nov 2003026828.804.60$1,232
Oct 2003025328.174.76$1,204
Sep 2003033426.314.75$1,586
Aug 2003036329.765.13$1,862
Jul 2003035329.415.17$1,825
Jun 200317038428.565.98$7,153
May 2003039626.595.97$2,365
Apr 2003038326.675.41$2,071
Mar 2003040131.146.10$2,445
Feb 2003036333.487.93$2,877
Jan 200317140930.315.58$7,466
Dec 2002036126.914.85$1,752
Nov 2002025824.664.14$1,067
Oct 2002029326.464.23$1,239
Sep 200217342527.443.64$6,292
Aug 2002045525.963.16$1,440
Jul 2002047624.583.06$1,457
Jun 2002047523.733.34$1,586
May 200234244624.663.58$10,032
Apr 2002045123.653.51$1,584
Mar 2002045522.003.10$1,412
Feb 2002040018.222.38$950
Jan 2002048217.172.38$1,145
Dec 200135152516.932.36$7,184
Nov 2001051118.072.41$1,229
Oct 2001056919.782.53$1,439
Sep 200117658024.262.25$5,576
Aug 2001065124.873.05$1,988
Jul 2001066523.933.20$2,126
Jun 2001039524.563.82$1,511
May 2001042425.524.31$1,826
Apr 200117936124.685.34$6,344
Mar 2001045424.545.38$2,441
Feb 2001042627.755.77$2,457
Jan 2001046727.478.40$3,922
Dec 200016646826.889.12$8,731
Nov 2000049132.215.66$2,778
Oct 2000056331.235.15$2,897
Sep 200034855631.875.19$13,974
Aug 2000059529.644.54$2,702
Jul 200016961128.534.09$7,320
Jun 2000061229.304.40$2,691
May 2000065827.263.68$2,421
Apr 2000058224.513.12$1,814
Mar 2000043728.422.86$1,250
Feb 200016046827.622.73$5,695
Jan 2000053925.272.48$1,337
Dec 199917757724.282.42$5,696
Nov 199917060123.192.43$5,405
Oct 1999060320.982.80$1,691
Sep 1999062321.752.62$1,632
Aug 1999076719.262.88$2,206
Jul 199917452717.892.37$4,363
Jun 199917146715.942.36$3,829
May 1999045315.792.32$1,051
Apr 1999048415.102.21$1,069
Mar 199915052612.471.84$2,837
Feb 199905009.981.82$909
Jan 1999056410.381.90$1,072
Dec 19981705979.201.77$2,623
Nov 1998059910.892.19$1,309
Oct 1998065112.421.97$1,282
Sep 199815563712.592.08$3,278
Aug 1998077611.301.91$1,480
Jul 1998052511.742.24$1,175
Jun 1998054711.242.24$1,224
May 199834960312.622.21$5,735
Apr 1998063613.042.51$1,593
Mar 1998082612.802.31$1,908
Feb 199816659713.952.30$3,688
Jan 1998043514.702.15$937
Dec 1997052116.322.41$1,256
Nov 1997060518.193.09$1,868
Oct 199717368619.253.15$5,491
Sep 1997081517.742.95$2,408
Aug 19971631,02317.862.55$5,525
Jul 1997088217.582.25$1,982
Jun 199717497217.242.26$5,194
May 1997072018.972.31$1,662
Apr 199717777617.882.08$4,781
Mar 1997084018.951.94$1,629
Feb 199717572720.492.21$5,189
Jan 199716286523.483.54$6,866
Dec 1996093123.32$0
Nov 1996078721.97$0
Oct 1996064923.31$0
Sep 199617876922.22$3,955
Aug 1996079720.26$0
Jul 199617375119.55$3,382
Jun 199616479418.73$3,072
May 1996086819.43$0
Apr 1996083621.51$0
Mar 199617564419.38$3,392
Feb 199617685616.98$2,988
Jan 1996085617.07$0
Dec 199501,30317.19$0
Nov 1995027716.00$0
Oct 19959110815.43$1,404
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994015515.58$0
Sep 199414612615.29$2,232
Aug 1994014716.13$0
Jul 1994018117.56$0
Jun 1994017817.09$0
May 1994016115.88$0
Apr 1994026514.14$0
Mar 1994025012.46$0
Feb 1994023512.50$0
Jan 1994036612.66$0
Dec 1993039712.33$0
Nov 1993028914.49$0
Oct 1993063115.85$0
Sep 1993071015.03$0
Aug 199315988215.66$2,490
Jul 1993074015.46$0
Jun 1993086216.79$0
May 1993097917.68$0
Apr 199315168618.05$2,726
Mar 199301,03018.14$0
Feb 19931641,05817.90$2,936
Jan 199301,10216.93$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.

Feb 2021 — as filed, then multipliedworked
Oil                  117 bbl  × $ 57.80 =     $6,763
Casinghead gas         0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                   $6,763

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/8548 is the state's own key, not one this site invented.