NELLER-RHODES TRUST (SA)
NELLER-RHODES TRUST (SA) is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Statoil Texas Onshore Prop LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 1,485,333 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 $514K, with roughly $101K 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 1,805 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 13,368 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 NELLER-RHODES TRUST (SA)
- Who operates NELLER-RHODES TRUST (SA)?
- NELLER-RHODES TRUST (SA) is operated by Statoil Texas Onshore Prop LLC, Railroad Commission of Texas operator number 816437.
- Where is NELLER-RHODES TRUST (SA)?
- NELLER-RHODES TRUST (SA) is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 273126.
- Is NELLER-RHODES TRUST (SA) still producing?
- NELLER-RHODES TRUST (SA) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NELLER-RHODES TRUST (SA) is August 2026.
- How much has NELLER-RHODES TRUST (SA) produced?
- NELLER-RHODES TRUST (SA) has reported 1,485,333 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2013 and August 2026, from 1 wellbore.
- How much is NELLER-RHODES TRUST (SA) worth?
- The remaining production from NELLER-RHODES TRUST (SA) is estimated to be worth about $514K in total as of 27 August 2026, within a range of $426K to $601K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NELLER-RHODES TRUST (SA) is a fraction of it. The estimate fits an Arps decline curve to the production NELLER-RHODES TRUST (SA) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NELLER-RHODES TRUST (SA) is an estimate of value, not an offer and not an appraisal.
- How much income does NELLER-RHODES TRUST (SA) generate in a year?
- NELLER-RHODES TRUST (SA) is forecast to net about $101K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NELLER-RHODES TRUST (SA) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Statoil Texas Onshore Prop LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 273126 |
| Wellbores | 1 |
| Reported production | 1,485,333 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $514K |
Where NELLER-RHODES TRUST (SA) 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.