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NEAL LETHCO 16

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 46627District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.3 M
Feb 2015 – May 2026
Value, last 12 filed months
$11 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
OilDisposition367,750 bbl$20,057,141
Casinghead gasProduction401,685 Mcf$1,223,686
Total$21,280,827

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 31.0870, -102.9435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08699, -102.94350 · 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
9,777 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 9,777 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-371392801H9,777 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025190056.664.41$10,765
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202589346560.553.23$55,574
Apr 20251,1112,65162.363.54$78,675
Mar 20251,8373,06367.704.27$137,439
Feb 20252,2612,77170.884.34$172,288
Jan 20251,5342,65274.324.28$125,354
Dec 20241,4561,48568.993.12$105,085
Nov 20241,1461,48769.052.20$82,400
Oct 20241,8111,46371.372.28$132,589
Sep 20241,6371,33969.612.36$117,117
Aug 20241,1041,30575.632.06$86,189
Jul 20241,8491,84579.932.15$151,751
Jun 20241,1211,25578.082.63$90,833
May 20247501,08878.812.20$61,499
Apr 20241,4742,91084.451.66$129,308
Mar 20242,0313,56480.301.55$168,596
Feb 20242,0543,46576.091.78$162,469
Jan 20241,8403,93473.023.30$147,330
Dec 20232,0864,37071.262.61$160,057
Nov 20232,7614,71677.892.81$228,295
Oct 20232,3667,16685.443.09$224,274
Sep 20233,2425,10589.042.74$302,630
Aug 20232,5415,95280.522.67$220,510
Jul 20232,5615,30274.852.64$205,698
Jun 20232,7314,70368.962.26$198,951
May 20231,8722,69770.622.23$138,208
Apr 20231,5422,07578.122.24$125,104
Mar 20232,0712,90072.852.39$157,813
Feb 20232,2341,56675.112.47$171,657
Jan 20231,8951,77776.533.39$151,044
Dec 20221,8911,86176.415.73$155,153
Nov 20221,7221,69185.005.65$155,918
Oct 20222,3781,77487.185.86$217,716
Sep 20222,2291,92284.888.16$204,888
Aug 20222,7232,60394.529.13$281,136
Jul 20220255101.587.54$1,923
Jun 2022517153115.097.98$60,722
May 20222,5832,698109.378.43$305,255
Apr 20222,3952,671104.226.84$267,870
Mar 20222,9182,277108.885.08$329,271
Feb 20222,0471,41591.054.86$193,255
Jan 20222,7642,01281.844.54$235,336
Dec 20212,08528371.323.90$149,806
Nov 20212,55827477.435.24$199,501
Oct 20212,0582,10379.795.71$176,224
Sep 20211,8811,69969.865.35$140,498
Aug 20211,3451,63266.024.22$95,685
Jul 20213444970.783.98$24,543
Jun 202118569.493.38$357
May 20215146163.483.02$32,813
Apr 20211669860.362.76$10,290
Mar 20216776861.302.72$41,685
Feb 2021116857.805.55$990
Jan 2021839050.412.81$42,294
Dec 20203296944.642.68$14,871
Nov 2020156638.772.71$760
Oct 20203397436.972.48$12,716
Sep 202050912037.091.99$19,118
Aug 202050117239.982.39$20,440
Jul 202051419138.371.83$20,071
Jun 202086322234.901.69$30,494
May 20208464216.921.81$14,391
Apr 202039411614.751.80$6,021
Mar 20200030.341.86$0
Feb 20201049.881.98$50
Jan 20201,2301,09057.252.09$72,701
Dec 20191,6311,49359.012.30$99,686
Nov 20191,1101,09255.302.75$64,387
Oct 20191,09895053.472.42$61,008
Sep 20191,6842,91155.052.66$100,440
Aug 20192,2423,69453.112.30$127,585
Jul 20191,7632,07356.272.46$104,304
Jun 20191,7752,35352.782.49$99,546
May 20192,1592,73958.482.74$133,764
Apr 20191,5792,08162.632.75$104,617
Mar 20192,5693,98756.803.06$158,128
Feb 20192,0903,98650.852.79$117,406
Jan 20191,7272,89746.033.23$88,846
Dec 20182,9745,81646.594.19$162,901
Nov 20183,8346,29252.934.24$229,594
Oct 20181,8952,08961.443.40$123,527
Sep 20182,4202,18459.543.11$150,875
Aug 20181,8931,60859.403.07$117,375
Jul 20183,1082,17765.142.93$208,838
Jun 20182,5731,89460.183.08$160,671
May 20181,66765165.382.90$110,877
Apr 20182,0782,95563.842.90$141,231
Mar 20183,6962,27361.222.79$232,604
Feb 20181,2561,06261.782.77$80,533
Jan 20183,7382,40762.874.01$244,658
Dec 20173,6334,19357.272.92$220,312
Nov 20172,9022,74055.423.12$169,373
Oct 20173,6281,83249.292.98$184,290
Sep 20172,3741,74847.523.09$118,209
Aug 20172,9882,54345.373.00$143,206
Jul 20173,0543,93643.873.09$146,131
Jun 20174,0635,55942.493.09$189,799
May 20173,5026,91145.373.26$181,439
Apr 20174,1546,90747.933.21$221,284
Mar 20173,8873,92946.772.98$193,518
Feb 20174,3398,30250.452.95$243,415
Jan 20173,7381,09849.413.42$188,448
Dec 20163,5703,65548.763.72$187,680
Nov 20164,5056,12142.492.64$207,604
Oct 20165,6468,21246.193.09$286,166
Sep 20163,9304,28541.553.10$176,578
Aug 20165,0505,93041.442.92$226,613
Jul 20165,8167,53341.622.92$264,091
Jun 20165,3335,93245.352.69$257,784
May 20165,8466,26042.521.99$261,036
Apr 20166,0686,34236.561.99$234,473
Mar 20167,0175,95733.011.79$242,318
Feb 20166,2656,57626.472.06$179,405
Jan 20167,7437,48127.352.36$229,459
Dec 20157,8456,87532.362.00$267,624
Nov 20159,2857,42638.792.17$376,260
Oct 20158,0337,47543.552.43$367,976
Sep 20157,2718,80442.992.76$336,865
Aug 20157,6559,27340.162.87$334,061
Jul 20158,1129,18048.152.95$417,629
Jun 201510,14710,07856.152.88$598,808
May 201510,72411,82555.212.96$627,020
Apr 201513,81514,03349.822.71$726,245
Mar 201521,61810,49342.892.93$957,990
Feb 20155,4575,49244.662.98$260,055

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.

Dec 2025 — as filed, then multipliedworked
Oil                  190 bbl  × $ 56.66 =    $10,765
Casinghead gas         0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                  $10,765

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/46627 is the state's own key, not one this site invented.