NEFF
NEFF is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Archer Petroleum. It has 2 wellbores on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 4,535 barrels. The lease is intermittent. 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 $324K, with roughly $62K 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 97 barrels a month, about 49 per wellbore. Its strongest month on the record we hold was December 2020, at 328 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 NEFF
- Who operates NEFF?
- NEFF is operated by Archer Petroleum, Railroad Commission of Texas operator number 028882.
- Where is NEFF?
- NEFF is a Texas oil lease in Coleman County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32470.
- Is NEFF still producing?
- NEFF is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NEFF is August 2026.
- How much has NEFF produced?
- NEFF has reported 4,535 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 2 wellbores.
- How much is NEFF worth?
- The remaining production from NEFF is estimated to be worth about $324K in total as of 26 August 2026, within a range of $178K to $470K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEFF is a fraction of it. The estimate fits an Arps decline curve to the production NEFF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEFF is an estimate of value, not an offer and not an appraisal.
- How much income does NEFF generate in a year?
- NEFF is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEFF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Archer Petroleum |
|---|---|
| Field | Hagler (Capps Lime) |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 32470 |
| Wellbores | 2 |
| Reported production | 4,535 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $324K |
Where NEFF 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.