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Royalty Clerk

Texas gas well

Producing

NEAL, CHAS

Neal, Chas is a gas well in Panola County, Texas, operated by Buckhorn Operating LLC in the Brachfield, S.e. (Cotton Valley) field.

1 well

161mcf gas, last 12 months−74% vs prior year
RRC lease
06-230308

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas in Jul 2026
25 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 74% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 74% over the last 12 monthsMonthly gas production for NEAL, CHAS, Aug 2023 to Jul 2026. Gas output fell 74% over the last 12 months. 161 mcf in the 12 months through Jul 2026, against 626 mcf in the 12 months before.Last 12 months: 161 mcfmcf per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 74% over the last 12 monthsMonthly gas production for NEAL, CHAS, Aug 2023 to Jul 2026. Gas output fell 74% over the last 12 months. 161 mcf in the 12 months through Jul 2026, against 626 mcf in the 12 months before.Last 12 monthsmcf per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of NEAL, CHAS gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of NEAL, CHAS gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Feb 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    57% · 147 mcf

  • Lease fuel (1)

    43% · 110 mcf

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeKJ Energy, LLC, Jan 2020 to Jul 2024; Buckhorn Operating LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024KJ Energy, LLCJan 2020 to Jul 2024Buckhorn Operating LLCAug 2024 to now
Operators of this lease over timeKJ Energy, LLC, Jan 2020 to Jul 2024; Buckhorn Operating LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024KJ Energy, LLCJan 2020 to Jul 2024Buckhorn Operating LLCAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on NEAL, CHAS
API numberWell no.Status
42-365-364151Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers50Oct 1, 2026–
Etx Oil Gathering LLCCondensateGathers50Oct 1, 2024–
Buckhorn Operating LLCGas-well gasBuys100Aug 1, 2024–
Enterprise Products Operating LLCGas-well gasGathers100May 1, 2010–
Eastex Crude Company, LLCCondensateGathers25Sep 1, 2026Oct 1, 2026
Plains Marketing, L.p.CondensateGathers25Sep 1, 2026Oct 1, 2026
Plains Marketing, L.p.CondensateGathers50Jun 1, 2026Sep 1, 2026
Dk Trading & Supply, LLCCondensateGathers50Feb 15, 2026Jun 1, 2026
Midcon Gathering LLCCondensateGathers50Nov 1, 2025Feb 15, 2026
Dk Trading & Supply, LLCCondensateGathers50Oct 1, 2024Nov 1, 2025

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

40 acres on the newest permit

Permits for Neal, Chas
API numberWell no.Acreson the permit
42-365-36415140

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

Estimate your royalty

36 months, newest first

Ledger for NEAL, CHAS
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Buckhorn Operating25250$80.46$2.89
Jun 2026Buckhorn Operating000$84.81$3.15
May 2026Buckhorn Operating000$102.13$2.94
Apr 2026Buckhorn Operating550$100.32$2.77
Mar 2026Buckhorn Operating000$91.38$3.04
Feb 2026Buckhorn Operating25250$64.51$3.62
Jan 2026Buckhorn Operating1400$60.04$7.72
Dec 2025Buckhorn Operating110$57.97$4.26
Nov 2025Buckhorn Operating1600$60.06$3.79
Oct 2025Buckhorn Operating25120$60.89$3.19
Sep 2025Buckhorn Operating2060$63.96$2.97
Aug 2025Buckhorn Operating30200$64.86$2.91
Jul 2025Buckhorn Operating4990$68.39$3.20
Jun 2025Buckhorn Operating20200$68.17$3.02
May 2025Buckhorn Operating27240$62.17$3.12
Apr 2025Buckhorn Operating30250$63.54$3.42
Mar 2025Buckhorn Operating30250$68.24$4.12
Feb 2025Buckhorn Operating51510$71.53$4.19
Jan 2025Buckhorn Operating30230$75.74$4.13
Dec 2024Buckhorn Operating35200$70.12$3.01
Nov 2024Buckhorn Operating56360$69.95$2.12
Oct 2024Buckhorn Operating1571360$71.99$2.20
Sep 2024Buckhorn Operating33290$70.24$2.28
Aug 2024Buckhorn Operating108860$76.68$1.99
Jul 2024KJ Energy,24150$81.80$2.07
Jun 2024KJ Energy,22120$79.77$2.54
May 2024KJ Energy,23210$80.02$2.12
Apr 2024KJ Energy,23150$85.35$1.60
Mar 2024KJ Energy,24150$81.28$1.49
Feb 2024KJ Energy,24240$77.25$1.72
Jan 2024KJ Energy,22170$74.15$3.18
Dec 2023KJ Energy,2390$71.90$2.52
Nov 2023KJ Energy,22190$77.69$2.71
Oct 2023KJ Energy,22180$85.64$2.98
Sep 2023KJ Energy,2380$89.43$2.64
Aug 2023KJ Energy,23150$81.39$2.58

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

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Nearby

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