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Texas oil lease

Producing

NEAL, JO

Neal, Jo is an oil lease in Young County, Texas, operated by Borderline Operating Corp. in the Young County Regular field.

4 wells

8,499bbl oil, last 12 months+108% vs prior year
RRC lease
09-19087

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County
Oil in Jul 2026
697 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Borderline Operating Corp. took over from Three P Operating Co.,gp, L.L.C. in Nov 2024.

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

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Production by month

Oil output rose 108% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 108% over the last 12 monthsMonthly oil production for NEAL, JO, Aug 2023 to Jul 2026. Oil output rose 108% over the last 12 months. 8,499 bbl in the 12 months through Jul 2026, against 4,086 bbl in the 12 months before.Last 12 months: 8,499 bblbbl per month02505007501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 108% over the last 12 monthsMonthly oil production for NEAL, JO, Aug 2023 to Jul 2026. Oil output rose 108% over the last 12 months. 8,499 bbl in the 12 months through Jul 2026, against 4,086 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Borderline Operating Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L…Jan 2020 to Oct 2024Borderline Operating Corp.Nov 2024 to now
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Borderline Operating Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L.C.Jan 2020 to Oct 2024Borderline Operating Corp.Nov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on NEAL, JO
API numberWell no.Status
42-503-312451Shut-in
42-503-331421AActive
42-503-335422AActive
42-503-399103AActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
True Oil Trucking & Mktg, LLCOilGathers100Nov 1, 2024–
Targa Midstream Services LLCCasinghead gasBuys100Sep 1, 2026–
Targa Midstream Services LLCCasinghead gasGathers100Sep 1, 2026–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Oct 1, 2012Nov 1, 2024
True Oil Trucking & Mktg, LLCOilGathers50Apr 1, 2018Nov 1, 2024

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

80 acres on the newest permit

Permits for Neal, Jo
API numberWell no.Acreson the permit
42-503-399103A80
42-503-335422A80
42-503-331421A80
42-503-312451–

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

Estimate your royalty

36 months, newest first

Ledger for NEAL, JO
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Borderline Operating697697$80.46$2.89
Jun 2026Borderline Operating709709$84.81$3.15
May 2026Borderline Operating531531$102.13$2.94
Apr 2026Borderline Operating717717$100.32$2.77
Mar 2026Borderline Operating717717$91.38$3.04
Feb 2026Borderline Operating882882$64.51$3.62
Jan 2026Borderline Operating530530$60.04$7.72
Dec 2025Borderline Operating909909$57.97$4.26
Nov 2025Borderline Operating694694$60.06$3.79
Oct 2025Borderline Operating870870$60.89$3.19
Sep 2025Borderline Operating711711$63.96$2.97
Aug 2025Borderline Operating532532$64.86$2.91
Jul 2025Borderline Operating682682$68.39$3.20
Jun 2025Borderline Operating510510$68.17$3.02
May 2025Borderline Operating493493$62.17$3.12
Apr 2025Borderline Operating695695$63.54$3.42
Mar 2025Borderline Operating525525$68.24$4.12
Feb 2025Borderline Operating175175$71.53$4.19
Jan 2025Borderline Operating525525$75.74$4.13
Dec 2024Borderline Operating314493$70.12$3.01
Nov 2024Borderline Operating600$69.95$2.12
Oct 2024Three P450$71.99$2.20
Sep 2024Three P250$70.24$2.28
Aug 2024Three P37169$76.68$1.99
Jul 2024Three P360$81.80$2.07
Jun 2024Three P390$79.77$2.54
May 2024Three P340$80.02$2.12
Apr 2024Three P34163$85.35$1.60
Mar 2024Three P00$81.28$1.49
Feb 2024Three P500$77.25$1.72
Jan 2024Three P970$74.15$3.18
Dec 2023Three P54168$71.90$2.52
Nov 2023Three P710$77.69$2.71
Oct 2023Three P78162$85.64$2.98
Sep 2023Three P740$89.43$2.64
Aug 2023Three P72161$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

Borderline Operating Corp. in Young County

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Young County Regular field

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