NEAL
NEAL is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Midenergy Operating, Llc. It has 10 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 306,008 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $25K, with roughly $6K expected over the next twelve months.
| Operator | Midenergy Operating, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17478 |
| Wellbores | 10 |
| Reported production | 306,008 bbl |
| First reported | May 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $25K |
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.