NEAL, C. E. GAS UNIT B-1
NEAL, C. E. GAS UNIT B-1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from December 2004 to August 2026, totalling 1,532,928 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 $66K, with roughly $25K 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 1,517 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 4,156 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 NEAL, C. E. GAS UNIT B-1
- Who operates NEAL, C. E. GAS UNIT B-1?
- NEAL, C. E. GAS UNIT B-1 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is NEAL, C. E. GAS UNIT B-1?
- NEAL, C. E. GAS UNIT B-1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 209303.
- Is NEAL, C. E. GAS UNIT B-1 still producing?
- NEAL, C. E. GAS UNIT B-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL, C. E. GAS UNIT B-1 is August 2026.
- How much has NEAL, C. E. GAS UNIT B-1 produced?
- NEAL, C. E. GAS UNIT B-1 has reported 1,532,928 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2004 and August 2026, from 1 wellbore.
- How much is NEAL, C. E. GAS UNIT B-1 worth?
- The remaining production from NEAL, C. E. GAS UNIT B-1 is estimated to be worth about $66K in total as of 26 August 2026, within a range of $55K to $78K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL, C. E. GAS UNIT B-1 is a fraction of it. The estimate fits an Arps decline curve to the production NEAL, C. E. GAS UNIT B-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL, C. E. GAS UNIT B-1 is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL, C. E. GAS UNIT B-1 generate in a year?
- NEAL, C. E. GAS UNIT B-1 is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEAL, C. E. GAS UNIT B-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Nan-Su-Gail (CV Consolidated) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 209303 |
| Wellbores | 1 |
| Reported production | 1,532,928 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where NEAL, C. E. GAS UNIT B-1 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.