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NEAL LETHCO 35-36 UNIT

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 49045District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$136.7 M
Jul 2016 – May 2026
Value, last 12 filed months
$9.8 M
at the published price for each month
Months reported
119
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
OilDisposition2,116,438 bbl$124,984,222
Casinghead gasProduction3,284,285 Mcf$11,760,977
Total$136,745,200

Wells on this lease (7)

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 31.1220, -103.0406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.12284, -103.04065 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
10,252 ft
7 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.
7100.0%

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 8,958 and 10,335 ft, median 10,252 ft, over the 7 wells that filed a depth.

Completions filed
Jul 2016 – Jul 2022
7 of 7 wells

7 wells

42-371398306WA10,212 ftJul 2022——
42-371401747BS8,958 ftJul 2020——
42-371397333WA10,335 ftFeb 2020——
42-371397344WA10,334 ftFeb 2020——
42-371398295WA10,252 ftJan 2020——
42-371396752WA10,312 ftApr 2018——
42-371393981H10,231 ftJul 2016——

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 (119)

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

119 months

May 202610,95726,005106.413.05$1,245,141
Apr 202611,25026,95798.932.87$1,190,322
Mar 20269,15720,94589.753.15$887,806
Feb 20267,98419,61963.503.75$580,562
Jan 20269,90523,18759.138.00$771,130
Dec 202510,59225,01956.664.41$710,561
Nov 202511,34923,54658.593.93$757,390
Oct 202511,74522,82659.383.30$772,854
Sep 202511,05720,47862.743.08$756,725
Aug 202511,74019,21563.933.01$808,467
Jul 20258,32116,18366.743.32$608,993
Jun 20259,05018,85066.483.13$660,620
May 20259,24222,80560.553.23$633,316
Apr 20258,08522,87462.363.54$585,226
Mar 20259,95725,15167.704.27$781,441
Feb 20258,57420,95970.884.34$698,705
Jan 202510,04921,32574.324.28$838,085
Dec 202414,31720,93668.993.12$1,053,079
Nov 20249,83319,07869.052.20$720,910
Oct 202410,50419,39671.372.28$793,921
Sep 202412,19019,38169.612.36$894,370
Aug 202416,19417,58475.632.06$1,261,039
Jul 202414,66217,25379.932.15$1,208,969
Jun 202411,37814,70578.082.63$927,127
May 202413,60024,00478.812.20$1,124,587
Apr 20241,6014,77684.451.66$143,129
Mar 20246,88111,76280.301.55$570,718
Feb 202412,34825,41876.091.78$984,896
Jan 202413,95427,21873.023.30$1,108,677
Dec 202313,06929,55171.262.61$1,008,446
Nov 202314,00726,51277.892.81$1,165,439
Oct 202312,21924,59885.443.09$1,119,932
Sep 202314,78927,98589.042.74$1,393,353
Aug 202313,33722,26880.522.67$1,133,415
Jul 202314,20623,54774.852.64$1,125,526
Jun 202312,45425,77868.962.26$917,047
May 202313,12626,30470.622.23$985,548
Apr 202315,41330,37078.122.24$1,272,024
Mar 202312,31822,91972.852.39$952,215
Feb 202310,53125,37475.112.47$853,548
Jan 202312,10228,76676.533.39$1,023,617
Dec 202214,31931,90676.415.73$1,276,907
Nov 202216,16036,34585.005.65$1,578,811
Oct 202215,92037,23387.185.86$1,606,231
Sep 202217,57441,94884.888.16$1,834,131
Aug 202216,76633,88894.529.13$1,894,024
Jul 202215,95937,376101.587.54$1,903,008
Jun 202218,19542,849115.097.98$2,435,878
May 202217,92143,960109.378.43$2,330,736
Apr 20228,93519,378104.226.84$1,063,705
Mar 202219,06544,665108.885.08$2,302,535
Feb 202217,54441,32391.054.86$1,798,163
Jan 202221,34050,49881.844.54$1,975,609
Dec 202120,35751,51871.323.90$1,652,736
Nov 202121,44853,55377.435.24$1,941,168
Oct 202123,59760,34779.795.71$2,227,620
Sep 202123,67859,37269.865.35$1,971,840
Aug 202125,15857,99866.024.22$1,905,717
Jul 202126,93064,30170.783.98$2,162,157
Jun 202127,29663,42269.493.38$2,111,205
May 202131,58369,93063.483.02$2,215,915
Apr 202130,54558,39160.362.76$2,004,763
Mar 202137,40265,73861.302.72$2,471,349
Feb 202127,27041,83157.805.55$1,808,282
Jan 202138,10268,02950.412.81$2,111,902
Dec 202044,16170,34944.642.68$2,159,563
Nov 202047,09480,14138.772.71$2,042,742
Oct 202055,90287,43536.972.48$2,283,398
Sep 202055,10174,37537.091.99$2,191,780
Aug 202050,22658,07639.982.39$2,146,553
Jul 202042,82947,59838.371.83$1,730,221
Jun 202041,16242,73934.901.69$1,508,796
May 202030,74535,41116.921.81$584,468
Apr 202044,20345,40914.751.80$733,929
Mar 202059,95049,16530.341.86$1,910,145
Feb 202076,29348,42249.881.98$3,901,403
Jan 20203,7873,39157.252.09$223,909
Dec 20196,3828,83759.012.30$396,965
Nov 20197,44713,11155.302.75$447,884
Oct 20198,44912,36653.472.42$481,676
Sep 20195,5068,78955.052.66$326,460
Aug 20197,86012,74353.112.30$446,809
Jul 20198,54215,03256.272.46$517,638
Jun 20198,80914,05552.782.49$499,953
May 201910,46915,71458.482.74$655,289
Apr 201911,20415,29762.632.75$743,784
Mar 20198,96111,74956.803.06$544,961
Feb 20195,3207,40950.852.79$291,210
Jan 20198,8247,45646.033.23$430,238
Dec 201815,58816,29346.594.19$794,438
Nov 201818,40918,53152.934.24$1,052,909
Oct 201812,79514,54661.443.40$835,553
Sep 201817,80624,67659.543.11$1,136,862
Aug 201827,63834,81859.403.07$1,748,469
Jul 201821,87721,28765.142.93$1,487,479
Jun 201826,99025,80360.183.08$1,703,652
May 201827,30024,91165.382.90$1,857,136
Apr 20182,7573,31063.842.90$185,609
Mar 20188,7049,57961.222.79$559,554
Feb 20187,7479,36961.782.77$504,525
Jan 201815,80615,75062.874.01$1,056,870
Dec 201716,02912,40757.272.92$954,228
Nov 20178,7526,91155.423.12$506,587
Oct 201716,54110,45349.292.98$846,494
Sep 201716,96410,27747.523.09$837,857
Aug 201717,96410,22645.373.00$845,750
Jul 201712,14610,95943.873.09$566,679
Jun 201710,2224,49542.493.09$448,210
May 201710,8929,26745.373.26$524,412
Apr 201710,5958,10847.933.21$533,858
Mar 201711,8557,39046.772.98$576,508
Feb 201712,14311,56450.452.95$646,758
Jan 201714,82311,97649.413.42$773,348
Dec 201616,34112,64348.763.72$843,855
Nov 201617,58613,28942.492.64$782,370
Oct 201620,80014,85746.193.09$1,006,664
Sep 201624,80317,45241.553.10$1,084,677
Aug 201627,48920,21641.442.92$1,198,263
Jul 201673962741.622.92$32,591

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               10,957 bbl  × $106.41 = $1,165,934
Casinghead gas    26,005 Mcf  × $  3.05 =    $79,207

────────────────────────────────────────────────────
Month total                               $1,245,141

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/49045 is the state's own key, not one this site invented.