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NEAL LETHCO 39-37 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 50210District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$153.9 M
Dec 2017 – May 2026
Value, last 12 filed months
$10.2 M
at the published price for each month
Months reported
102
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
OilDisposition2,300,416 bbl$140,702,538
Casinghead gasProduction3,770,773 Mcf$13,161,619
Total$153,864,157

Wells on this lease (6)

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 31.1374, -103.0662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.13743, -103.06620 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
10,309 ft
6 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.
6100.0%

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 9,062 and 10,509 ft, median 10,309 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2018 – Mar 2020
6 of 6 wells

6 wells

42-371399215WA10,509 ftMar 2020——
42-371399236WA10,267 ftMar 2020——
42-371395611BS9,062 ftJan 2019——
42-371394803WA10,350 ftOct 2018——
42-371395622WA10,179 ftAug 2018——
42-371396194WA10,361 ftJul 2018——

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 (102)

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

102 months

May 202610,09034,927106.413.05$1,180,059
Apr 202611,17634,55398.932.87$1,204,799
Mar 202611,18531,32689.753.15$1,102,513
Feb 202610,07727,98463.503.75$744,838
Jan 202610,79330,76359.138.00$884,230
Dec 20257,93828,41956.664.41$575,190
Nov 20259,96431,36958.593.93$706,959
Oct 202510,19736,36759.383.30$725,685
Sep 202510,95735,33162.743.08$796,153
Aug 202511,59334,33863.933.01$844,661
Jul 20259,48718,76166.743.32$695,359
Jun 20259,86427,52866.483.13$741,886
May 20259,50225,46260.553.23$657,647
Apr 20259,94628,31562.363.54$720,556
Mar 202510,68230,72867.704.27$854,328
Feb 202510,45629,49170.884.34$869,137
Jan 202511,94831,91674.324.28$1,024,534
Dec 202412,50733,64768.993.12$967,883
Nov 202412,26432,13269.052.20$917,469
Oct 202412,64132,97371.372.28$977,413
Sep 202411,93232,07969.612.36$906,433
Aug 202413,13626,10475.632.06$1,047,345
Jul 202412,78824,92179.932.15$1,075,640
Jun 202412,90726,52078.082.63$1,077,632
May 202413,40436,73878.812.20$1,137,136
Apr 202413,82836,93984.451.66$1,229,064
Mar 202413,04534,17980.301.55$1,100,325
Feb 202411,44423,26476.091.78$912,269
Jan 202411,51321,77273.023.30$912,476
Dec 202312,50024,76971.262.61$955,415
Nov 202312,84424,22577.892.81$1,068,432
Oct 202312,97629,14585.443.09$1,198,648
Sep 202313,80234,72189.042.74$1,323,893
Aug 202313,53130,99580.522.67$1,172,362
Jul 202315,93939,49274.852.64$1,297,364
Jun 202316,66840,49968.962.26$1,240,891
May 202317,39638,26470.622.23$1,313,735
Apr 202317,78934,76078.122.24$1,467,461
Mar 202316,40127,11272.852.39$1,259,696
Feb 202313,65819,90275.112.47$1,074,924
Jan 202316,96126,30576.533.39$1,387,139
Dec 202216,93129,49176.415.73$1,462,654
Nov 202218,39735,73885.005.65$1,765,529
Oct 202217,59834,58287.185.86$1,736,974
Sep 202216,09036,86784.888.16$1,666,690
Aug 202216,74044,02694.529.13$1,984,097
Jul 202216,86051,136101.587.54$2,098,311
Jun 202218,17448,522115.097.98$2,478,715
May 202219,54151,470109.378.43$2,571,248
Apr 202210,27016,807104.226.84$1,185,259
Mar 202221,39553,835108.885.08$2,602,776
Feb 202220,97649,06291.054.86$2,148,249
Jan 202219,66752,40681.844.54$1,847,349
Dec 202123,03855,16671.323.90$1,858,169
Nov 202123,55554,47877.435.24$2,109,157
Oct 202125,65357,33579.795.71$2,374,458
Sep 202127,77252,20069.865.35$2,219,470
Aug 202126,77841,73166.024.22$1,944,013
Jul 202128,59547,62870.783.98$2,213,613
Jun 202126,44445,36669.493.38$1,990,959
May 202130,30752,06863.483.02$2,081,012
Apr 202129,34344,66860.362.76$1,894,357
Mar 202134,45947,14961.302.72$2,240,438
Feb 202123,52926,13257.805.55$1,504,955
Jan 202132,01041,12950.412.81$1,729,208
Dec 202032,55241,61144.642.68$1,564,450
Nov 202035,99442,37638.772.71$1,510,181
Oct 202033,97241,00836.972.48$1,357,580
Sep 202038,77148,58937.091.99$1,534,759
Aug 202056,99363,06039.982.39$2,428,985
Jul 202056,19452,54638.371.83$2,252,067
Jun 202037,20130,77534.901.69$1,350,334
May 202035,81137,39616.921.81$673,787
Apr 202047,53545,13814.751.80$782,587
Mar 202039,30839,82330.341.86$1,266,525
Feb 20207,06110,71349.881.98$373,422
Jan 202021,04326,90857.252.09$1,261,077
Dec 201926,45140,37559.012.30$1,653,912
Nov 201933,65963,38255.302.75$2,035,688
Oct 201938,50168,04953.472.42$2,223,228
Sep 201942,13365,37955.052.66$2,493,152
Aug 201941,32652,66853.112.30$2,316,190
Jul 201945,22564,29156.272.46$2,702,970
Jun 201942,01457,10452.782.49$2,359,756
May 201958,20569,22458.482.74$3,593,524
Apr 201952,62859,66362.632.75$3,460,207
Mar 201951,14650,82056.803.06$3,060,709
Feb 201942,20345,30550.852.79$2,272,524
Jan 201937,48338,90146.033.23$1,850,922
Dec 201824,16826,78746.594.19$1,238,103
Nov 201831,80829,36852.934.24$1,808,037
Oct 201833,29728,11561.443.40$2,141,305
Sep 201850,27947,36659.543.11$3,140,825
Aug 201860,90154,46059.403.07$3,784,524
Jul 201815,60717,88965.142.93$1,069,088
Jun 201810,38311,68460.183.08$660,800
May 201819,38920,96165.382.90$1,328,456
Apr 201824,56528,43063.842.90$1,650,699
Mar 201824,75932,58261.222.79$1,606,547
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0

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               10,090 bbl  × $106.41 = $1,073,677
Casinghead gas    34,927 Mcf  × $  3.05 =   $106,382

────────────────────────────────────────────────────
Month total                               $1,180,059

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/50210 is the state's own key, not one this site invented.