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Producing

NEAL 45

Neal 45 is an oil lease in Upton County, Texas, operated by Reverence Operating LLC in the Spraberry (Trend Area) R 40 Exc field.

4 wells

10,814bbl oil, last 12 months+999% vs prior year
RRC lease
7C-19013

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
43,543 mcf
Oil in Jul 2026
673 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 rose 1,996% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 1,996% over the last 12 monthsMonthly oil production and gas for NEAL 45, Aug 2023 to Jul 2026. Oil output rose 1,996% over the last 12 months. 10,814 bbl in the 12 months through Jul 2026, against 516 bbl in the 12 months before.Last 12 months: 10,814 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 1,996% over the last 12 monthsMonthly oil production and gas for NEAL 45, Aug 2023 to Jul 2026. Oil output rose 1,996% over the last 12 months. 10,814 bbl in the 12 months through Jul 2026, against 516 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 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 45 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 45 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)

    69% · 31,786 mcf

  • Processing plant (3)

    29% · 13,301 mcf

  • Lease fuel (1)

    2.1% · 975 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 45
API numberWell no.Status
42-461-397224501Active
42-461-400104502Active
42-461-400264503Active
42-461-400274504Active

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
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 28, 2015Dec 1, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 28, 2015Dec 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2018Jun 1, 2020

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

320 acres on the newest permit

Permits for Neal 45
API numberWell no.Acreson the permit
42-461-400264503320
42-461-400274504320
42-461-400104502320
42-461-397224501320

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

Estimate your royalty

36 months, newest first

Ledger for NEAL 45
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reverence Operating6737185,6905,6900$80.46$2.89
Jun 2026Reverence Operating8718934,6464,6460$84.81$3.15
May 2026Reverence Operating9569004,8184,8180$102.13$2.94
Apr 2026Reverence Operating1,1331,2584,5324,5320$100.32$2.77
Mar 2026Reverence Operating1,4031,2764,6334,6330$91.38$3.04
Feb 2026Reverence Operating1,3941,4743,4723,4720$64.51$3.62
Jan 2026Reverence Operating1,2341,3093,9953,9950$60.04$7.72
Dec 2025Reverence Operating1,3021,0974,4113,9610$57.97$4.26
Nov 2025Reverence Operating1,4631,6465,3375,0870$60.06$3.79
Oct 2025Reverence Operating38502,0091,9160$60.89$3.19
Sep 2025Ovintiv USA00000$63.96$2.97
Aug 2025Ovintiv USA00000$64.86$2.91
Jul 2025Ovintiv USA00000$68.39$3.20
Jun 2025Ovintiv USA00000$68.17$3.02
May 2025Ovintiv USA00000$62.17$3.12
Apr 2025Ovintiv USA00000$63.54$3.42
Mar 2025Ovintiv USA00000$68.24$4.12
Feb 2025Ovintiv USA00000$71.53$4.19
Jan 2025Ovintiv USA00000$75.74$4.13
Dec 2024Ovintiv USA00000$70.12$3.01
Nov 2024Ovintiv USA00000$69.95$2.12
Oct 2024Ovintiv USA00000$71.99$2.20
Sep 2024Ovintiv USA841614513620$70.24$2.28
Aug 2024Ovintiv USA4325492,0681,9750$76.68$1.99
Jul 2024Ovintiv USA4483681,9541,8620$81.80$2.07
Jun 2024Ovintiv USA4413701,8041,7140$79.77$2.54
May 2024Ovintiv USA4515492,0641,9710$80.02$2.12
Apr 2024Ovintiv USA4703632,6412,5500$85.35$1.60
Mar 2024Ovintiv USA4255243,4663,3730$81.28$1.49
Feb 2024Ovintiv USA4585413,1013,0150$77.25$1.72
Jan 2024Ovintiv USA5165503,5093,4160$74.15$3.18
Dec 2023Ovintiv USA4923652,9232,8300$71.90$2.52
Nov 2023Ovintiv USA5225372,5572,4670$77.69$2.71
Oct 2023Ovintiv USA4455432,3682,2750$85.64$2.98
Sep 2023Ovintiv USA4363642,1412,0510$89.43$2.64
Aug 2023Ovintiv USA4845201,9531,8600$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

Reverence Operating LLC in Upton County

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Spraberry (Trend Area) R 40 Exc field

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