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NEAL "98-B"

Neal "98-B" is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

4 wells

340bbl oil, last 12 months−94% vs prior year
RRC lease
7C-17338

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
3,047 mcf
Oil in Jul 2022
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    All 4 wells on this lease are marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 94% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 94% over the last 12 monthsMonthly oil production and gas for NEAL "98-B", Jan 2020 to Jul 2022. Oil output fell 94% over the last 12 months. 340 bbl in the 12 months through Jul 2022, against 5,469 bbl in the 12 months before.Last 12 months: 340 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Jan 20AprJulOctJan 21AprJulOctJan 22AprJul
Oil output fell 94% over the last 12 monthsMonthly oil production and gas for NEAL "98-B", Jan 2020 to Jul 2022. Oil output fell 94% over the last 12 months. 340 bbl in the 12 months through Jul 2022, against 5,469 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jan 20JulJan 21JulJan 22Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2021 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Jun 2021 the lease's gas goes to a processing plant instead of a transmission lineShare of NEAL "98-B" gas by disposition code each month, Jan 2020 to Jul 2022. Since Jun 2021 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2021: line to plantJan 20AprJulOctJan 21AprJulOctJan 22AprJul
Since Jun 2021 the lease's gas goes to a processing plant instead of a transmission lineShare of NEAL "98-B" gas by disposition code each month, Jan 2020 to Jul 2022. Since Jun 2021 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Jun 21: line to plantJan 20JulJan 21JulJan 22Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 25,024 mcf

  • Processing plant (3)

    27% · 9,455 mcf

  • Lease fuel (1)

    0.3% · 109 mcf

4 wells on this lease

Wells on NEAL "98-B"
API numberWell no.Status
42-461-368031Shut-in
42-461-371332Shut-in
42-461-376363Shut-in
42-461-376554Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Jun 1, 2020–
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Aug 1, 2019–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Aug 1, 2019–
Enlink Crude Marketing, LLCOilGathers100Jan 1, 2020Jun 1, 2020
Enlink Crude Purchasing LLCOilGathers100Aug 1, 2019Jan 1, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015Aug 1, 2019
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Aug 1, 2019
Enterprise Crude Oil LLCOilGathers100Nov 8, 2010Aug 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

323.10 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Neal "98-B"
API numberWell no.Acreson the permit
42-461-376554323.10
42-461-376363323.10
42-461-371332323.10
42-461-368031323.10

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

31 months, newest first

Ledger for NEAL "98-B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202200000$101.62$7.28
Jun 202200000$114.84$7.70
May 202200000$109.55$8.14
Apr 202200000$101.78$6.60
Mar 202200000$108.50$4.90
Feb 202200000$91.64$4.69
Jan 202200000$83.22$4.38
Dec 202100000$71.71$3.76
Nov 202100000$79.15$5.05
Oct 202100000$81.48$5.51
Sep 2021251721321320$71.65$5.16
Aug 20213155372,9152,9150$67.73$4.07
Jul 20214153703,2803,2800$72.49$3.84
Jun 20214183643,1283,1280$71.38$3.26
May 20214543643,3223,3220$65.17$2.91
Apr 20214595453,2563,2400$61.72$2.66
Mar 20215335433,5133,4940$62.33$2.62
Feb 20213933623,1433,1310$59.04$5.35
Jan 20214123532,4752,4620$52.00$2.71
Dec 20204857323,0403,0230$47.02$2.58
Nov 20205003643,1573,1390$40.94$2.61
Oct 20204323643,2273,2130$39.40$2.39
Sep 20204925403,0393,0390$39.63$1.92
Aug 20204765383,1963,1960$42.34$2.30
Jul 20204555383,1093,1090$40.71$1.76
Jun 20205073582,2522,2520$38.31$1.63
May 202010408198190$28.56$1.75
Apr 20203333802,5652,5560$16.55$1.74
Mar 20203863633,1083,0960$29.21$1.79
Feb 20204745623,1413,1250$50.54$1.91
Jan 20206157483,3973,3740$57.52$2.02

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Summit Petroleum LLC in Upton County

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Spraberry (Trend Area) field

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