NEAL LETHCO 28-27

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45822District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$63.6 M
Oct 2014 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition1,015,737 bbl$59,601,125
Casinghead gasProduction1,048,147 Mcf$3,966,527
Total$63,567,651

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.0803, -103.0403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.08088, -103.04041 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,973 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 8,782 and 10,067 ft, median 9,973 ft, over the 3 wells that filed a depth.

Completions filed
Oct 2014 – Apr 2020
3 of 3 wells

3 wells

42-371399983BS8,782 ftApr 2020
42-371395522WA9,973 ftAug 2019
42-371392061H10,067 ftOct 2014

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (140)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

140 months

May 20262,5256,296106.413.05$287,862
Apr 20263,2748,20898.932.87$347,451
Mar 20263,0277,98689.753.15$296,825
Feb 20261,6885,42863.503.75$127,545
Jan 20263,4048,81159.138.00$271,748
Dec 20252,7859,69956.664.41$200,603
Nov 20253,40110,04258.593.93$238,694
Oct 20253,87411,73959.383.30$268,834
Sep 20253,36712,06462.743.08$248,366
Aug 20253,54312,74263.933.01$264,918
Jul 20253,10510,38766.743.32$241,663
Jun 20254,0546,27866.483.13$289,152
May 20254,1535,90660.553.23$270,554
Apr 20254,2845,10962.363.54$285,252
Mar 20253,2053,09467.704.27$230,185
Feb 20251,7401,81170.884.34$131,192
Jan 20253,9604,47774.324.28$313,463
Dec 20244,2054,74568.993.12$304,914
Nov 20244,4214,39069.052.20$314,921
Oct 20244,4324,31971.372.28$326,165
Sep 20244,9683,93469.612.36$355,124
Aug 20245,7779,13875.632.06$455,772
Jul 20243,8977,64979.932.15$327,906
Jun 20242,7185,22578.082.63$225,984
May 20243,1744,66678.812.20$260,401
Apr 20243,3275,90584.451.66$290,763
Mar 20243,7714,17880.301.55$309,267
Feb 20243,1504,16576.091.78$247,112
Jan 20243,6264,42573.023.30$279,363
Dec 20233,2814,97671.262.61$246,795
Nov 20233,5964,74077.892.81$293,400
Oct 20233,8245,60385.443.09$344,021
Sep 20233,7213,67089.042.74$341,355
Aug 20233,9376,59180.522.67$334,624
Jul 20235,0067,13574.852.64$393,548
Jun 20234,7429,70868.962.26$348,934
May 20234,7336,74370.622.23$349,264
Apr 20234,3775,94378.122.24$355,230
Mar 20235,9528,95872.852.39$455,041
Feb 20235,60212,24375.112.47$450,954
Jan 20236,90613,99176.533.39$575,914
Dec 20228,02312,64876.415.73$685,499
Nov 20226,60712,24185.005.65$630,710
Oct 20227,57012,60187.185.86$733,842
Sep 20226,98016,89484.888.16$730,380
Aug 20228,34419,51694.529.13$966,801
Jul 20228,69218,451101.587.54$1,022,092
Jun 20229,22119,910115.097.98$1,220,071
May 20227,49116,021109.378.43$954,396
Apr 20228,50717,789104.226.84$1,008,234
Mar 20227,95717,140108.885.08$953,368
Feb 20227,38612,22091.054.86$731,870
Jan 20229,62511,42681.844.54$839,558
Dec 20217,66412,42871.323.90$595,055
Nov 20216,7419,27977.435.24$570,548
Oct 20214,7755,64479.795.71$413,246
Sep 20218,21910,87069.865.35$632,344
Aug 202111,04213,96766.024.22$787,942
Jul 202112,62114,34770.783.98$950,445
Jun 202112,53414,20669.493.38$919,013
May 202114,47910,86063.483.02$951,899
Apr 202112,9057,80660.362.76$800,478
Mar 202114,5748,45061.302.72$916,344
Feb 20218,7685,01057.805.55$534,586
Jan 202114,0479,35450.412.81$734,397
Dec 202014,7948,76044.642.68$683,841
Nov 202014,8018,23938.772.71$596,134
Oct 202019,15210,67136.972.48$734,497
Sep 202023,52112,54837.091.99$897,377
Aug 202022,03619,54939.982.39$927,626
Jul 202018,3903,68938.371.83$712,357
Jun 202017,6183,46634.901.69$620,727
May 202018,2393,75616.921.81$315,420
Apr 20202,49975614.751.80$38,224
Mar 20205,8056330.341.86$176,241
Feb 20204,44919549.881.98$222,302
Jan 20204,08110657.252.09$233,859
Dec 20195,8791,82259.012.30$351,118
Nov 20196,1431,24355.302.75$343,127
Oct 20194,8911,34053.472.42$264,763
Sep 20195,0432,04055.052.66$283,038
Aug 20192,8096,33053.112.30$163,773
Jul 20195,68914,62956.272.46$356,108
Jun 20195,9737,64052.782.49$334,288
May 20196,9977,76258.482.74$430,455
Apr 20196,1763,16162.632.75$395,498
Mar 20197,2206,64956.803.06$430,456
Feb 20196,6915,78150.852.79$356,379
Jan 20197,00012,01546.033.23$360,997
Dec 20187,5256,80046.594.19$379,051
Nov 20187,3838,70952.934.24$427,684
Oct 20188,2588,42261.443.40$535,990
Sep 20188,2628,19059.543.11$517,374
Aug 20188,8269,16159.403.07$552,357
Jul 20189,34510,93965.142.93$640,805
Jun 20188,9859,07260.183.08$568,631
May 201811,42912,08065.382.90$782,270
Apr 201811,57216,97463.842.90$787,995
Mar 201810,29612,77961.222.79$665,934
Feb 201812,6299,77561.782.77$807,258
Jan 201813,7519,49862.874.01$902,606
Dec 201718,55511,24157.272.92$1,095,486
Nov 201720,76616,16355.423.12$1,201,254
Oct 201719,55812,13849.292.98$1,000,230
Sep 201717,4854,49747.523.09$844,771
Aug 20174,1602,60345.373.00$196,560
Jul 20174,7195,91643.873.09$225,287
Jun 20173,6134,15842.493.09$166,353
May 20174,5564,40645.373.26$221,084
Apr 20174,2323,02747.933.21$212,561
Mar 20173,8311,72246.772.98$184,314
Feb 20173,9943,77850.452.95$212,652
Jan 20174,7674,00549.413.42$249,230
Dec 20165,2993,85948.763.72$272,746
Nov 20164,6293,53142.492.64$206,023
Oct 20162,8062,31446.193.09$136,760
Sep 20164,7163,40641.553.10$206,511
Aug 20165,7153,43541.442.92$246,875
Jul 20165,4201,66341.622.92$230,444
Jun 20163,90017445.352.69$177,332
May 20165,757042.521.99$244,788
Apr 20165,2093,62936.561.99$197,667
Mar 20165,2074,60133.011.79$180,137
Feb 20165,090026.472.06$134,732
Jan 20165,8353,81427.352.36$168,605
Dec 20156,182032.362.00$200,050
Nov 20155,7555,40138.792.17$234,942
Oct 20156,4115,13043.552.43$291,647
Sep 20157,8744,87342.992.76$351,945
Aug 20155,6314,88640.162.87$240,176
Jul 20155,4924,53248.152.95$277,787
Jun 20155,4304,90556.152.88$319,035
May 20155,9285,40955.212.96$343,271
Apr 20156,5115,55549.822.71$339,413
Mar 20157,3635,57742.892.93$332,166
Feb 20156,3885,94944.662.98$302,993
Jan 201510,4397,64243.433.10$477,061
Dec 20149,15410,23254.693.59$537,379
Nov 201413,01510,23270.464.25$960,542
Oct 20146,8846,94078.303.90$566,090

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                2,525 bbl  × $106.41 =   $268,685
Casinghead gas     6,296 Mcf  × $  3.05 =    $19,177

────────────────────────────────────────────────────
Month total                                 $287,862

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/45822 is the state's own key, not one this site invented.