NEILL
NEILL is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Byrd Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 100,381 barrels. 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 $270K, with roughly $52K 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 65 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was November 2017, at 285 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 NEILL
- Who operates NEILL?
- NEILL is operated by Byrd Operating Company, Railroad Commission of Texas operator number 118748.
- Where is NEILL?
- NEILL is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63596.
- Is NEILL still producing?
- NEILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEILL is August 2026.
- How much has NEILL produced?
- NEILL has reported 100,381 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is NEILL worth?
- The remaining production from NEILL is estimated to be worth about $270K in total as of 27 August 2026, within a range of $149K to $392K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEILL is a fraction of it. The estimate fits an Arps decline curve to the production NEILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEILL is an estimate of value, not an offer and not an appraisal.
- How much income does NEILL generate in a year?
- NEILL is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Byrd Operating Company |
|---|---|
| Field | V & S (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 63596 |
| Wellbores | 2 |
| Reported production | 100,381 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $270K |
Where NEILL 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.