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STATE NEAL LETHCO 7-8 B

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 50440District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$40.3 M
Apr 2018 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
98
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
OilDisposition580,226 bbl$37,193,537
Casinghead gasProduction917,727 Mcf$3,142,953
Total$40,336,490

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 31.0805, -102.9597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08048, -102.95973 · 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
9,847 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 9,847 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-371396532WA9,847 ftApr 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 (98)

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

98 months

May 20263,1528,407106.413.05$361,011
Apr 20263,4097,92698.932.87$359,998
Mar 20263,2408,10989.753.15$316,329
Feb 20262,5515,87663.503.75$184,025
Jan 20263,2207,72659.138.00$252,191
Dec 20253,0817,90256.664.41$209,444
Nov 20253,0377,84858.593.93$208,753
Oct 20252,9418,24259.383.30$201,875
Sep 20252,9158,30362.743.08$208,435
Aug 20253,1287,88263.933.01$223,735
Jul 20253,2398,31066.743.32$243,720
Jun 20252,9357,03566.483.13$217,129
May 20253,0617,58160.553.23$209,848
Apr 20253,0827,76762.363.54$219,713
Mar 20253,6187,98267.704.27$279,008
Feb 20253,0536,46570.884.34$244,460
Jan 20253,0547,30574.324.28$258,229
Dec 20243,0957,66468.993.12$237,446
Nov 20243,3387,04669.052.20$245,979
Oct 20243,8188,33271.372.28$291,499
Sep 20243,8005,62769.612.36$277,822
Aug 20242,3031,73575.632.06$177,756
Jul 20241,9026,44779.932.15$165,866
Jun 20242,2717,54878.082.63$197,201
May 20242,7468,97678.812.20$236,145
Apr 20242,7448,46884.451.66$245,781
Mar 20242,9558,62280.301.55$250,609
Feb 20242,8538,20576.091.78$231,720
Jan 20243,0938,13573.023.30$252,677
Dec 20233,2299,08971.262.61$253,827
Nov 20233,4419,08677.892.81$293,529
Oct 20233,7809,26485.443.09$351,564
Sep 20233,6128,77889.042.74$345,621
Aug 20233,94210,64180.522.67$345,852
Jul 20233,88011,38774.852.64$320,500
Jun 20233,89212,30868.962.26$296,190
May 20234,12513,67470.622.23$321,765
Apr 20234,41913,66678.122.24$375,794
Mar 20235,6829,69272.852.39$437,128
Feb 20233,6074,05175.112.47$280,910
Jan 20233,9494,25776.533.39$316,638
Dec 20223,6754,30376.415.73$305,459
Nov 20224,0334,51285.005.65$368,281
Oct 20223,8264,51487.185.86$360,020
Sep 20223,6614,58584.888.16$348,176
Aug 20224,1127,12594.529.13$453,697
Jul 20224,2788,108101.587.54$495,710
Jun 20224,2308,263115.097.98$552,746
May 20224,4639,269109.378.43$566,284
Apr 20224,4639,218104.226.84$528,163
Mar 20224,4739,738108.885.08$536,454
Feb 20224,2809,47891.054.86$435,746
Jan 20224,85410,96481.844.54$447,002
Dec 20214,79211,17171.323.90$385,323
Nov 20214,72711,07577.435.24$424,010
Oct 20214,96313,22279.795.71$471,547
Sep 20215,29413,25669.865.35$440,771
Aug 20215,61714,46566.024.22$431,885
Jul 20215,76514,80970.783.98$467,017
Jun 20215,74614,04869.493.38$446,780
May 20215,85614,99563.483.02$416,989
Apr 20216,02616,13860.362.76$408,245
Mar 20217,02315,57861.302.72$472,834
Feb 20215,1208,26557.805.55$341,790
Jan 20217,41713,18550.412.81$410,944
Dec 20206,6866,93744.642.68$317,023
Nov 20202,1271,93638.772.71$87,704
Oct 20205411,11236.972.48$22,757
Sep 202011,38219,78937.091.99$461,559
Aug 20209,3079,06939.982.39$393,724
Jul 202030219638.371.83$11,945
Jun 20203,0162,84334.901.69$110,064
May 20202,5403,31116.921.81$48,985
Apr 20202,5093,18314.751.80$42,751
Mar 20205,5205,72230.341.86$178,098
Feb 20205,4604,85149.881.98$281,953
Jan 20208,5255,90257.252.09$500,419
Dec 201914,40711,65359.012.30$877,010
Nov 201913055.302.75$719
Oct 20191,20788853.472.42$66,686
Sep 20194,5454,53255.052.66$262,245
Aug 20196,3116,70053.112.30$350,616
Jul 20198,0709,11756.272.46$476,527
Jun 20199,30913,69252.782.49$525,439
May 201911,11015,59458.482.74$692,445
Apr 201912,42521,15562.632.75$836,369
Mar 201915,38120,96056.803.06$937,822
Feb 201915,87817,72350.852.79$856,883
Jan 201916,36416,71046.033.23$807,178
Dec 201811,99712,22446.594.19$610,103
Nov 20184,4642,72952.934.24$247,843
Oct 20185,5094,79461.443.40$354,763
Sep 201823,65921,16259.543.11$1,474,428
Aug 201819,86016,24559.403.07$1,229,500
Jul 201823,55020,56265.142.93$1,594,332
Jun 201827,83621,85960.183.08$1,742,429
May 201832,97328,21465.382.90$2,237,618
Apr 20183,5572,71563.842.90$234,955

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                3,152 bbl  × $106.41 =   $335,404
Casinghead gas     8,407 Mcf  × $  3.05 =    $25,606

────────────────────────────────────────────────────
Month total                                 $361,011

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/50440 is the state's own key, not one this site invented.