MineralRecord
Log inSign up

STATE NEAL LETHCO 36-32 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 49946District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$179.3 M
Jul 2017 – May 2026
Value, last 12 filed months
$11.1 M
at the published price for each month
Months reported
107
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
OilDisposition2,743,973 bbl$166,441,856
Casinghead gasProduction3,762,370 Mcf$12,810,296
Total$179,252,152

Wells on this lease (8)

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 31.1244, -103.0660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.12300, -103.06587 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
10,324 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 10,324 ft, with the middle half between 10,163 and 10,345 ft; the shallowest is 9,183 ft and the deepest 10,382 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Jul 2017 – Aug 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 2017 – Aug 2019
8 of 8 wells

8 wells

42-371398887BS9,183 ftAug 2019——
42-371398898BS9,951 ftAug 2019——
42-371397315WA10,382 ftNov 2018——
42-371397376WA10,346 ftNov 2018——
42-371396023WA10,345 ftApr 2018——
42-371396034WA10,325 ftApr 2018——
42-371394811WA10,234 ftJul 2017——
42-371394852WA10,322 ftJul 2017——

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 (107)

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

107 months

May 20269,98425,503106.413.05$1,140,076
Apr 202611,37631,41698.932.87$1,215,583
Mar 202612,04632,14989.753.15$1,182,380
Feb 202611,12326,42063.503.75$805,394
Jan 202612,53230,81759.138.00$987,489
Dec 202512,50130,39656.664.41$842,455
Nov 202511,35323,59158.593.93$757,801
Oct 202512,00326,25259.383.30$799,497
Sep 202511,25924,97162.743.08$783,223
Aug 202511,64829,80663.933.01$834,515
Jul 202512,65528,66766.743.32$939,632
Jun 202511,82016,07066.483.13$836,072
May 202510,84626,37160.553.23$741,965
Apr 202512,46729,76462.363.54$882,900
Mar 202512,68828,98267.704.27$982,682
Feb 202511,39929,12170.884.34$934,371
Jan 202513,92133,34774.324.28$1,177,290
Dec 202413,85831,50868.993.12$1,054,412
Nov 202413,50131,93969.052.20$1,002,460
Oct 202414,40133,72071.372.28$1,104,728
Sep 202413,37331,90169.612.36$1,006,320
Aug 202414,85331,60875.632.06$1,188,560
Jul 202414,12830,73679.932.15$1,195,229
Jun 202412,69328,33778.082.63$1,065,709
May 202413,72832,17178.812.20$1,152,630
Apr 202415,30834,41984.451.66$1,349,869
Mar 202415,29733,08780.301.55$1,279,473
Feb 202414,66128,08476.091.78$1,165,647
Jan 202415,04126,03973.023.30$1,184,162
Dec 202315,89431,42071.262.61$1,214,635
Nov 202316,26330,10177.892.81$1,351,235
Oct 202316,34330,22685.443.09$1,489,662
Sep 202314,60729,05589.042.74$1,380,074
Aug 202315,85231,91780.522.67$1,361,713
Jul 202318,29035,02774.852.64$1,461,541
Jun 202317,56432,44968.962.26$1,284,499
May 202314,60522,48470.622.23$1,081,486
Apr 202315,48022,59878.122.24$1,259,867
Mar 202314,55721,85772.852.39$1,112,785
Feb 202314,01320,55375.112.47$1,103,194
Jan 202315,34026,07076.533.39$1,262,288
Dec 202217,12431,87476.415.73$1,491,054
Nov 202214,95831,39385.005.65$1,448,681
Oct 202216,80233,97287.185.86$1,664,002
Sep 202217,93931,84984.888.16$1,782,667
Aug 202217,96129,53294.529.13$1,967,217
Jul 202217,74132,093101.587.54$2,044,179
Jun 202218,56934,125115.097.98$2,409,328
May 202220,29937,099109.378.43$2,532,959
Apr 202214,41928,749104.226.84$1,699,322
Mar 202212,56523,800108.885.08$1,488,896
Feb 202215,15722,00391.054.86$1,486,954
Jan 202220,72434,33081.844.54$1,851,831
Dec 202121,53438,06071.323.90$1,684,205
Nov 202120,81136,03477.435.24$1,800,100
Oct 202122,33243,16679.795.71$2,028,515
Sep 202122,78246,09669.865.35$1,838,207
Aug 202124,63252,02766.024.22$1,845,789
Jul 202126,12355,79870.783.98$2,071,178
Jun 202126,54953,72169.493.38$2,026,500
May 202129,15956,06863.483.02$2,020,208
Apr 202128,89548,01460.362.76$1,876,545
Mar 202132,87847,51061.302.72$2,144,503
Feb 202124,50634,69057.805.55$1,608,905
Jan 202131,95551,20250.412.81$1,754,743
Dec 202029,65244,79744.642.68$1,443,518
Nov 202029,62840,02938.772.71$1,257,019
Oct 202027,75439,77036.972.48$1,124,633
Sep 202023,85539,41937.091.99$963,267
Aug 202028,16049,22339.982.39$1,243,239
Jul 202028,45345,86538.371.83$1,175,451
Jun 202026,71532,87034.901.69$987,914
May 202030,46031,55516.921.81$572,648
Apr 202033,13129,63314.751.80$542,151
Mar 202036,21031,46730.341.86$1,157,021
Feb 202038,97940,55649.881.98$2,024,601
Jan 202048,57248,09457.252.09$2,881,491
Dec 201956,16050,11159.012.30$3,429,475
Nov 201958,74549,64255.302.75$3,385,149
Oct 201951,68241,32953.472.42$2,863,392
Sep 201941,23335,38855.052.66$2,363,912
Aug 201930,32532,92753.112.30$1,686,436
Jul 201934,41736,87856.272.46$2,027,367
Jun 201941,59143,63352.782.49$2,303,872
May 201951,08853,88558.482.74$3,135,288
Apr 201951,85351,37162.632.75$3,388,860
Mar 201960,29763,51756.803.06$3,619,365
Feb 201953,24554,05450.852.79$2,858,439
Jan 201965,19358,29246.033.23$3,189,011
Dec 201881,22764,03246.594.19$4,052,368
Nov 201879,32955,40052.934.24$4,433,627
Oct 201825,57529,27161.443.40$1,670,793
Sep 201839,21145,06659.543.11$2,474,688
Aug 201840,04039,39259.403.07$2,499,174
Jul 201829,43735,42165.142.93$2,021,376
Jun 201833,41138,05660.183.08$2,127,769
May 201853,28255,07165.382.90$3,643,327
Apr 201834,65534,80663.842.90$2,313,340
Mar 20186,98411,54061.222.79$459,721
Feb 201821,72627,28061.782.77$1,417,692
Jan 201826,36226,64662.874.01$1,764,211
Dec 201735,63525,58357.272.92$2,115,558
Nov 201735,25028,42055.423.12$2,042,179
Oct 201728,73518,76149.292.98$1,472,325
Sep 201737,65721,07747.523.09$1,854,531
Aug 201747,81326,83545.373.00$2,249,899
Jul 201732,56121,25443.873.09$1,494,068

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                9,984 bbl  × $106.41 = $1,062,397
Casinghead gas    25,503 Mcf  × $  3.05 =    $77,678

────────────────────────────────────────────────────
Month total                               $1,140,076

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/49946 is the state's own key, not one this site invented.