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Texas oil lease

Producing

NEAL '39B'

Neal '39B' is an oil lease in Upton County, Texas, operated by Reverence Operating LLC in the Spraberry (Trend Area) field.

4 wells

8,353bbl oil, last 12 months−9% vs prior year
Operator
Reverence Operating LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-17976

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
95,900 mcf
Oil in Jul 2026
569 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Reverence Operating LLC took over from Ovintiv USA Inc. in Oct 2025.

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

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Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for NEAL '39B', Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 8,353 bbl in the 12 months through Jul 2026, against 9,144 bbl in the 12 months before.Last 12 months: 8,353 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for NEAL '39B', Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 8,353 bbl in the 12 months through Jul 2026, against 9,144 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jan 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Jan 2026 the lease's gas goes to a transmission line instead of a processing plantShare of NEAL '39B' gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 2026 the lease's gas goes to a transmission line instead of a processing plantShare of NEAL '39B' gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Jan 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    53% · 50,631 mcf

  • Processing plant (3)

    47% · 45,085 mcf

  • Lease fuel (1)

    0.2% · 184 mcf

Who has run this lease

The operator changed 2 times, most recently in Oct 2025

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Sep 2025; Reverence Operating LLC, Oct 2025 to Jul 20262020202120222023202420252026Changed Feb 2020Changed Oct 2025Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Sep 2025Reverence Operating LLCOct 2025 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Sep 2025; Reverence Operating LLC, Oct 2025 to Jul 20262020202120222023202420252026Changed Feb 2020Changed Oct 2025Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Sep 2025Reverence Operating LLCOct 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on NEAL '39B'
API numberWell no.Status
42-461-379984Active
42-461-380053Active
42-461-390255Active
42-461-390266Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers50Apr 1, 2026–
Gulfmark Energy, Inc.OilGathers50Apr 1, 2026–
Explore Logistics LLCOilGathers100Oct 1, 2025Apr 1, 2026
Gulfmark Energy, Inc.OilGathers100Apr 1, 2025Oct 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Jun 1, 2020Apr 1, 2025
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2017Dec 1, 2023
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2017Dec 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2018Jun 1, 2020

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

Who buys my oilOil price check

240 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 240 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Neal '39B'
API numberWell no.Acreson the permit
42-461-390255240
42-461-390266240
42-461-380053160
42-461-379984160

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

Unit decimal checker

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36 months, newest first

Ledger for NEAL '39B'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reverence Operating5695427,7977,7970$80.46$2.89
Jun 2026Reverence Operating5517195,1265,1260$84.81$3.15
May 2026Reverence Operating8677177,6817,6810$102.13$2.94
Apr 2026Reverence Operating2803508,7008,7000$100.32$2.77
Mar 2026Reverence Operating9397287,8367,8360$91.38$3.04
Feb 2026Reverence Operating3875516,4866,4860$64.51$3.62
Jan 2026Reverence Operating7489107,0057,0050$60.04$7.72
Dec 2025Reverence Operating7275539,1609,1600$57.97$4.26
Nov 2025Reverence Operating6297208,9318,9310$60.06$3.79
Oct 2025Reverence Operating8757228,2508,2500$60.89$3.19
Sep 2025Ovintiv USA7907219,4939,4030$63.96$2.97
Aug 2025Ovintiv USA9911,0629,4359,3410$64.86$2.91
Jul 2025Ovintiv USA1,0701,098000$68.39$3.20
Jun 2025Ovintiv USA5445257,1587,0680$68.17$3.02
May 2025Ovintiv USA2241877,0987,0050$62.17$3.12
Apr 2025Ovintiv USA1,0199357,3727,2820$63.54$3.42
Mar 2025Ovintiv USA1,1951,3218,4868,3930$68.24$4.12
Feb 2025Ovintiv USA1,1391,1325,6465,5620$71.53$4.19
Jan 2025Ovintiv USA1,0781,1167,3457,2520$75.74$4.13
Dec 2024Ovintiv USA1,1721,1257,1537,0590$70.12$3.01
Nov 2024Ovintiv USA4623494,6334,5430$69.95$2.12
Oct 2024Ovintiv USA2193228,4298,3360$71.99$2.20
Sep 2024Ovintiv USA4173536,6916,6000$70.24$2.28
Aug 2024Ovintiv USA6057355,9525,8590$76.68$1.99
Jul 2024Ovintiv USA5775207,1677,0730$81.80$2.07
Jun 2024Ovintiv USA4503685,8905,8000$79.77$2.54
May 2024Ovintiv USA5777115,8975,8040$80.02$2.12
Apr 2024Ovintiv USA4783512,5582,4690$85.35$1.60
Mar 2024Ovintiv USA4404442,8612,7680$81.28$1.49
Feb 2024Ovintiv USA5507286,6976,6100$77.25$1.72
Jan 2024Ovintiv USA6115377,4007,3060$74.15$3.18
Dec 2023Ovintiv USA9649089,3789,2840$71.90$2.52
Nov 2023Ovintiv USA9789128,6528,5610$77.69$2.71
Oct 2023Ovintiv USA4895458,2098,1160$85.64$2.98
Sep 2023Ovintiv USA4253428,2688,1780$89.43$2.64
Aug 2023Ovintiv USA6998698,3428,2490$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

This lease belongs to

OperatorReverence Operating LLCFieldSpraberry (Trend Area)CountyUpton County

Reverence Operating LLC in Upton County

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Spraberry (Trend Area) field

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