NEAL ESTATE "36-A"
NEAL ESTATE "36-A" is a Texas gas lease in Upton County, Railroad Commission district 7C, operated by JM Cox Resources, L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2002 to August 2026, totalling 778,047 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 $2K, with roughly $1K 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 322 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 2,234 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 ESTATE "36-A"
- Who operates NEAL ESTATE "36-A"?
- NEAL ESTATE "36-A" is operated by JM Cox Resources, L.P., Railroad Commission of Texas operator number 433075.
- Where is NEAL ESTATE "36-A"?
- NEAL ESTATE "36-A" is a Texas gas lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 200440.
- Is NEAL ESTATE "36-A" still producing?
- NEAL ESTATE "36-A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL ESTATE "36-A" is August 2026.
- How much has NEAL ESTATE "36-A" produced?
- NEAL ESTATE "36-A" has reported 778,047 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2002 and August 2026, from 1 wellbore.
- How much is NEAL ESTATE "36-A" worth?
- The remaining production from NEAL ESTATE "36-A" is estimated to be worth about $2K in total as of 27 August 2026, within a range of $1K to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL ESTATE "36-A" is a fraction of it. The estimate fits an Arps decline curve to the production NEAL ESTATE "36-A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL ESTATE "36-A" is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL ESTATE "36-A" generate in a year?
- NEAL ESTATE "36-A" is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEAL ESTATE "36-A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | JM Cox Resources, L.P. |
|---|---|
| Field | Benedum (Devonian, Gas) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 200440 |
| Wellbores | 1 |
| Reported production | 778,047 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where NEAL ESTATE "36-A" 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.