NEELIE 1-85 LOV
NEELIE 1-85 LOV is a Texas gas lease in Loving County, Railroad Commission district 08. It has 1 wellbore on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 998,686 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 $2.1M, with roughly $717K 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 4,592 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 85,845 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 NEELIE 1-85 LOV
- Where is NEELIE 1-85 LOV?
- NEELIE 1-85 LOV is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288060.
- Is NEELIE 1-85 LOV still producing?
- NEELIE 1-85 LOV is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEELIE 1-85 LOV is August 2026.
- How much has NEELIE 1-85 LOV produced?
- NEELIE 1-85 LOV has reported 998,686 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
- How much is NEELIE 1-85 LOV worth?
- The remaining production from NEELIE 1-85 LOV is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEELIE 1-85 LOV is a fraction of it. The estimate fits an Arps decline curve to the production NEELIE 1-85 LOV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEELIE 1-85 LOV is an estimate of value, not an offer and not an appraisal.
- How much income does NEELIE 1-85 LOV generate in a year?
- NEELIE 1-85 LOV is forecast to net about $717K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEELIE 1-85 LOV receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| County | Loving County, Texas |
|---|---|
| RRC district | 08 |
| Lease number | 288060 |
| Wellbores | 1 |
| Reported production | 998,686 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where NEELIE 1-85 LOV 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.