NEAL, J.S.
NEAL, J.S. is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2001 to August 2026, totalling 369,134 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $79K, with roughly $12K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 538 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 976 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about NEAL, J.S.
- Who operates NEAL, J.S.?
- NEAL, J.S. is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is NEAL, J.S.?
- NEAL, J.S. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 186623.
- Is NEAL, J.S. still producing?
- NEAL, J.S. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL, J.S. is August 2026.
- How much has NEAL, J.S. produced?
- NEAL, J.S. has reported 369,134 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2001 and August 2026, from 1 wellbore.
- How much is NEAL, J.S. worth?
- The remaining production from NEAL, J.S. is estimated to be worth about $79K in total as of 27 August 2026, within a range of $61K to $96K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL, J.S. is a fraction of it. The estimate fits an Arps decline curve to the production NEAL, J.S. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL, J.S. is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL, J.S. generate in a year?
- NEAL, J.S. is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEAL, J.S. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Carthage (Glen Rose) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 186623 |
| Wellbores | 1 |
| Reported production | 369,134 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $79K |
Where NEAL, J.S. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.