NEAL RANCH "44" B
NEAL RANCH "44" B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 3 wellbores on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 237,812 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 $837K, with roughly $155K 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 132 barrels a month, about 44 per wellbore. Its strongest month on the record we hold was May 2017, at 3,676 barrels. 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 RANCH "44" B
- Who operates NEAL RANCH "44" B?
- NEAL RANCH "44" B is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is NEAL RANCH "44" B?
- NEAL RANCH "44" B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17243.
- Is NEAL RANCH "44" B still producing?
- NEAL RANCH "44" B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL RANCH "44" B is August 2026.
- How much has NEAL RANCH "44" B produced?
- NEAL RANCH "44" B has reported 237,812 barrels of oil (bbl) to the Railroad Commission of Texas between July 2010 and August 2026, from 3 wellbores.
- How much is NEAL RANCH "44" B worth?
- The remaining production from NEAL RANCH "44" B is estimated to be worth about $837K in total as of 27 August 2026, within a range of $653K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL RANCH "44" B is a fraction of it. The estimate fits an Arps decline curve to the production NEAL RANCH "44" B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL RANCH "44" B is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL RANCH "44" B generate in a year?
- NEAL RANCH "44" B is forecast to net about $155K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEAL RANCH "44" B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17243 |
| Wellbores | 3 |
| Reported production | 237,812 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $837K |
Where NEAL RANCH "44" B 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.