NEAL LETHCO 29

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 46914District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.4 M
May 2015 – May 2026
Value, last 12 filed months
$825 k
at the published price for each month
Months reported
133
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
OilDisposition320,458 bbl$17,223,559
Casinghead gasProduction356,444 Mcf$1,168,287
Total$18,391,845

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 31.0998, -103.0318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09981, -103.03177 · 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
10,399 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 10,399 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-371392991H10,399 ftMay 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 (133)

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

133 months

May 20265382,333106.413.05$64,355
Apr 20267321,59298.932.87$76,985
Mar 20261,0942,60789.753.15$106,397
Feb 20265592,27363.503.75$44,021
Jan 20261,0952,99059.138.00$88,661
Dec 20257462,55756.664.41$53,553
Nov 20257361,63058.593.93$49,522
Oct 20255342,54259.383.30$40,110
Sep 20251,0833,80462.743.08$79,652
Aug 20257423,74063.933.01$58,711
Jul 20259434,07666.743.32$76,449
Jun 20251,1153,98966.483.13$86,606
May 20251,2474,13960.553.23$88,884
Apr 20259193,60662.363.54$70,085
Mar 20251,1311,09867.704.27$81,255
Feb 20251,1243,34370.884.34$94,181
Jan 20251,1194,41074.324.28$102,033
Dec 20241,3314,39268.993.12$105,535
Nov 20241,1064,43169.052.20$86,111
Oct 20241,0874,52271.372.28$87,896
Sep 20241,1023,85469.612.36$85,822
Aug 20241,0934,03775.632.06$90,994
Jul 20241,0963,73779.932.15$95,625
Jun 20249223,70878.082.63$81,757
May 20241,4922,67978.812.20$123,474
Apr 20249162,85684.451.66$82,095
Mar 20241,2681,92680.301.55$104,796
Feb 20249241,72976.091.78$73,391
Jan 20241,4343,06473.023.30$114,815
Dec 20231,6873,11971.262.61$128,358
Nov 20237421,02877.892.81$60,681
Oct 20231,4772,26385.443.09$133,181
Sep 20231,1852,05789.042.74$111,138
Aug 20231,5421,92680.522.67$129,310
Jul 20231,20284774.852.64$92,207
Jun 202316843368.962.26$12,563
May 20238552,15970.622.23$65,189
Apr 20231,3672,58278.122.24$112,568
Mar 20231,5433,16672.852.39$119,984
Feb 20231,1973,20775.112.47$97,814
Jan 20231,7063,47676.533.39$142,336
Dec 20221,6893,28876.415.73$147,894
Nov 20221,7302,90185.005.65$163,430
Oct 20221,5482,89787.185.86$151,942
Sep 20221,9122,97684.888.16$186,586
Aug 20221,5333,08994.529.13$173,093
Jul 20221,5292,886101.587.54$177,082
Jun 20221,8582,593115.097.98$234,522
May 20221,3622,574109.378.43$170,669
Apr 20222,0592,561104.226.84$232,100
Mar 20222,0222,476108.885.08$232,725
Feb 20222,0702,05791.054.86$198,468
Jan 20221,8802,12681.844.54$163,506
Dec 202167945371.323.90$50,193
Nov 20211,03078777.435.24$83,874
Oct 20211,0101,30779.795.71$88,056
Sep 20211,3881,92569.865.35$107,266
Aug 20211,1931,77366.024.22$86,245
Jul 20211,5022,01870.783.98$114,347
Jun 202199488469.493.38$72,062
May 20211,1589463.483.02$73,794
Apr 20211,222060.362.76$73,760
Mar 20211,511061.302.72$92,624
Feb 20211,03519857.805.55$60,921
Jan 20211,544050.412.81$77,833
Dec 20201,694644.642.68$75,636
Nov 20201,3528038.772.71$52,634
Oct 20201,74755836.972.48$65,970
Sep 20201,53636037.091.99$57,687
Aug 20201,02917339.982.39$41,552
Jul 20202,52889738.371.83$98,636
Jun 20201,3851,34434.901.69$50,608
May 20201,3431,30316.921.81$25,088
Apr 20201,47393414.751.80$23,412
Mar 202071355430.341.86$22,661
Feb 202071011449.881.98$35,641
Jan 20207431,09857.252.09$44,837
Dec 20191,9401,82259.012.30$118,678
Nov 20191,84481655.302.75$104,218
Oct 2019451153.472.42$2,433
Sep 20191,63197755.052.66$92,383
Aug 20192,1122,29453.112.30$117,455
Jul 20192,4892,27256.272.46$145,645
Jun 20192,6982,26452.782.49$148,041
May 20192,8692,50558.482.74$174,644
Apr 20192,0932,07062.632.75$136,779
Mar 20192,4052,22356.803.06$143,411
Feb 20192,9292,36850.852.79$155,552
Jan 20192,0652,13146.033.23$101,931
Dec 20182,75888146.594.19$132,183
Nov 20186893352.934.24$36,609
Oct 20182,076561.443.40$127,566
Sep 20182,2261,72559.543.11$137,897
Aug 20186991,19759.403.07$45,191
Jul 20181,2301,17765.142.93$83,573
Jun 20182,7212,91560.183.08$172,719
May 20183,0924,36465.382.90$214,814
Apr 20181,9753,61763.842.90$136,576
Mar 20183,1892,58061.222.79$202,421
Feb 20182,4952,08961.782.77$159,920
Jan 20181,9871,75462.874.01$131,955
Dec 20172,72761157.272.92$157,960
Nov 20171,7295,48455.423.12$112,922
Oct 20173,41910,82449.292.98$200,818
Sep 20173,4151,38447.523.09$166,554
Aug 20172,8871,60045.373.00$135,790
Jul 20174,3163,88143.873.09$201,325
Jun 20174,0213,86942.493.09$182,797
May 20173,5424,74945.373.26$176,198
Apr 20173,7684,08147.933.21$193,707
Mar 20174,4193,20446.772.98$216,236
Feb 20173,4144,57350.452.95$185,739
Jan 20174,4994,78049.413.42$238,637
Dec 20164,4463,21648.763.72$228,760
Nov 20164,8564,03242.492.64$216,993
Oct 20165,3064,80946.193.09$259,945
Sep 20164,9564,54141.553.10$220,002
Aug 20166,2744,53941.442.92$273,268
Jul 20162,11288341.622.92$90,484
Jun 20165,4951,98545.352.69$254,530
May 20165,6833,83042.521.99$249,267
Apr 20165,9053,14836.561.99$222,155
Mar 20166,9332,83233.011.79$233,939
Feb 20167,8912,92226.472.06$214,905
Jan 20167,7564,64927.352.36$223,119
Dec 20155,5764,62632.362.00$189,698
Nov 20156,9745,83538.792.17$283,168
Oct 20157,2965,77543.552.43$331,754
Sep 20157,7756,09542.992.76$351,060
Aug 20159,2626,48640.162.87$390,593
Jul 20159,9258,60948.152.95$503,243
Jun 201513,38013,73756.152.88$790,889
May 20154,6343,55455.212.96$266,347

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                  538 bbl  × $106.41 =    $57,249
Casinghead gas     2,333 Mcf  × $  3.05 =     $7,106

────────────────────────────────────────────────────
Month total                                  $64,355

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/46914 is the state's own key, not one this site invented.