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NEAL LETHCO 31

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 46626District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.1 M
Feb 2015 – May 2026
Value, last 12 filed months
$565 k
at the published price for each month
Months reported
136
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) field

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
OilDisposition264,147 bbl$13,947,760
Casinghead gasProduction341,585 Mcf$1,165,075
Total$15,112,835

Wells on this lease (1)

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 31.1107, -103.0657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.11068, -103.06572 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,507 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 10,507 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-371392941H10,507 ftFeb 2015——

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 (136)

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

136 months

May 20265462,409106.413.05$65,437
Apr 2026015598.932.87$445
Mar 20267293,01089.753.15$74,908
Feb 20265682,10663.503.75$43,966
Jan 20267442,06259.138.00$60,484
Dec 20255531,79056.664.41$39,233
Nov 20256841,98258.593.93$47,858
Oct 20255472,24359.383.30$39,894
Sep 20257421,80162.743.08$52,095
Aug 20255651,85463.933.01$41,710
Jul 20257512,05666.743.32$56,938
Jun 20255471,81766.483.13$42,049
May 20253731,16160.553.23$26,338
Apr 20257351,71062.363.54$51,893
Mar 202555559967.704.27$40,130
Feb 202518834470.884.34$14,819
Jan 202539057874.324.28$31,458
Dec 20247451,64768.993.12$56,538
Nov 20245591,76569.052.20$42,479
Oct 20245621,55071.372.28$43,646
Sep 20245762,31469.612.36$45,566
Aug 20247172,61375.632.06$59,619
Jul 20245462,48679.932.15$48,978
Jun 20245542,63578.082.63$50,197
May 20247292,82278.812.20$63,656
Apr 20247602,86784.451.66$68,939
Mar 20247292,94880.301.55$63,094
Feb 20245862,91876.091.78$49,793
Jan 20241,1114,38673.023.30$95,589
Dec 20237544,54471.262.61$65,593
Nov 20239334,06677.892.81$84,087
Oct 20235573,94985.443.09$59,782
Sep 20235092,66489.042.74$52,608
Aug 20238497,65480.522.67$88,820
Jul 20231,51611,27974.852.64$143,269
Jun 20231,5244,78768.962.26$115,906
May 202333566270.622.23$25,132
Apr 20231699378.122.24$13,410
Mar 20238525,15472.852.39$74,403
Feb 20238493,86675.112.47$73,301
Jan 20231,0084,66576.533.39$92,946
Dec 20221,0344,43176.415.73$104,393
Nov 20221,0203,58585.005.65$106,942
Oct 20228483,52687.185.86$94,604
Sep 20221,2035,29784.888.16$145,354
Aug 20221,3614,89294.529.13$173,292
Jul 20221,3604,158101.587.54$169,509
Jun 20221,3425,302115.097.98$196,746
May 20221,6875,338109.378.43$229,523
Apr 20222,0424,079104.226.84$240,708
Mar 20222,5672,212108.885.08$290,724
Feb 20221,1941,60491.054.86$116,507
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202150555466.024.22$35,678
Jul 20218911,45570.783.98$68,859
Jun 20211,3561,85169.493.38$100,486
May 20211,1881,83363.483.02$80,946
Apr 20211,8301,73560.362.76$115,245
Mar 202185299361.302.72$54,926
Feb 20211,02985157.805.55$64,198
Jan 20211,2161,15650.412.81$64,547
Dec 20201,2011,06944.642.68$56,473
Nov 20201,20035338.772.71$47,479
Oct 20201,35754336.972.48$51,514
Sep 20201,17664337.091.99$44,898
Aug 20201,29092139.982.39$53,771
Jul 202067179938.371.83$27,205
Jun 20201,01452634.901.69$36,278
May 202034732516.921.81$6,461
Apr 202093634514.751.80$14,429
Mar 202071312230.341.86$21,859
Feb 2020575649.881.98$28,693
Jan 202028057.252.09$282
Dec 20191,8472,39159.012.30$114,501
Nov 20191,6572,66655.302.75$98,965
Oct 20191,4291,95953.472.42$81,147
Sep 20191,9532,46855.052.66$114,071
Aug 20191,9823,80053.112.30$114,021
Jul 20192,1382,35656.272.46$126,101
Jun 20191,7931,79752.782.49$99,111
May 201935323058.482.74$21,274
Apr 20192,0973,29862.632.75$140,407
Mar 20192,2773,73456.803.06$140,767
Feb 20192,9452,61250.852.79$157,047
Jan 20192,4221,47646.033.23$116,249
Dec 20181,8911,20546.594.19$93,145
Nov 20181,0221,20152.934.24$59,183
Oct 20182,0261,50961.443.40$129,605
Sep 20181,21990359.543.11$75,386
Aug 20182,08672559.403.07$126,132
Jul 20181,54176465.142.93$102,621
Jun 20181,5631,91060.183.08$99,938
May 20182,1451,77965.382.90$145,401
Apr 20182,1331,86263.842.90$141,572
Mar 20182,1261,92561.222.79$135,518
Feb 20182,0031,81861.782.77$128,774
Jan 20181,6221,73062.874.01$108,911
Dec 20172,120057.272.92$121,412
Nov 20172,51899755.423.12$142,657
Oct 20172,36397949.292.98$119,393
Sep 20171,63689447.523.09$80,503
Aug 20171,7871,20545.373.00$84,696
Jul 20172,5012,20843.873.09$116,536
Jun 20172,7122,23742.493.09$122,139
May 20172,5352,49145.373.26$123,142
Apr 20172,3082,11047.933.21$117,399
Mar 20172,7771,39046.772.98$134,028
Feb 20172,4362,39150.452.95$129,956
Jan 20172,5552,29349.413.42$134,082
Dec 20163,4092,19648.763.72$174,398
Nov 20162,3822,26642.492.64$107,203
Oct 20163,1982,51946.193.09$155,500
Sep 20163,4482,46141.553.10$150,895
Aug 20162,9002,65741.442.92$127,946
Jul 20163,5722,44441.622.92$155,814
Jun 20163,5792,60745.352.69$169,310
May 20163,6422,91442.521.99$160,660
Apr 20163,8143,09736.561.99$145,606
Mar 20164,5693,16633.011.79$156,503
Feb 20164,476026.472.06$118,480
Jan 20165,2441,71427.352.36$147,476
Dec 20155,6641,68632.362.00$186,661
Nov 20155,3483,17938.792.17$214,339
Oct 20155,2233,97243.552.43$237,100
Sep 20154,7245,64142.992.76$218,645
Aug 20155,2745,35940.162.87$227,198
Jul 20155,9505,88648.152.95$303,827
Jun 20158,1638,37456.152.88$482,494
May 20157,8647,73655.212.96$457,035
Apr 20159,8519,70949.822.71$517,055
Mar 201515,38814,07642.892.93$701,300
Feb 201511,69410,01844.662.98$552,070

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                  546 bbl  × $106.41 =    $58,100
Casinghead gas     2,409 Mcf  × $  3.05 =     $7,337

────────────────────────────────────────────────────
Month total                                  $65,437

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/46626 is the state's own key, not one this site invented.