NEELEY
NEELEY is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Sanguine Gas Exploration, Llc. It has 5 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 341,312 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 $39K, with roughly $6K expected over the next twelve months.
| Operator | Sanguine Gas Exploration, Llc |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 08111 |
| Wellbores | 5 |
| Reported production | 341,312 bbl |
| First reported | March 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $39K |
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.