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NEAL LETHCO A 21-22

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 50472District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$43.1 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.8 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
OilDisposition595,158 bbl$35,903,582
Casinghead gasProduction2,020,382 Mcf$7,197,241
Total$43,100,823

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 31.1072, -102.9261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10723, -102.92611 · 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
9,421 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 9,421 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-371396551WA9,421 ftMay 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 20261,1325,851106.413.05$138,277
Apr 20261,0046,55798.932.87$118,142
Mar 20261,1636,97189.753.15$126,334
Feb 20261,4859,74663.503.75$130,848
Jan 20261,3828,58059.138.00$150,340
Dec 20251,87610,30156.664.41$151,756
Nov 20251,5519,55558.593.93$128,390
Oct 20252,08511,90959.383.30$163,165
Sep 20252,18912,25162.743.08$175,033
Aug 20252,03910,66263.933.01$162,497
Jul 20252,27811,95866.743.32$191,677
Jun 20252,26512,65466.483.13$190,168
May 20252,62113,06360.553.23$200,925
Apr 20252,38014,07562.363.54$198,286
Mar 20251,5649,35067.704.27$145,792
Feb 20251,96415,02170.884.34$204,412
Jan 20252,14915,25874.324.28$224,998
Dec 20242,65317,52668.993.12$237,736
Nov 20242,52216,83669.052.20$211,157
Oct 20242,67817,12371.372.28$230,193
Sep 20242,29415,54669.612.36$196,442
Aug 20242,47614,77875.632.06$217,756
Jul 20242,48214,90979.932.15$230,390
Jun 20242,01710,70578.082.63$185,684
May 20241,84410,71778.812.20$168,886
Apr 20242,30612,30684.451.66$215,160
Mar 20242,59813,61980.301.55$229,663
Feb 20242,52215,42276.091.78$219,406
Jan 20242,67513,50673.023.30$239,867
Dec 20232,45013,87571.262.61$210,811
Nov 20232,51812,40177.892.81$230,944
Oct 20232,77014,94285.443.09$282,799
Sep 20232,90816,41789.042.74$303,829
Aug 20232,86715,34580.522.67$271,866
Jul 20233,01914,80774.852.64$265,089
Jun 20232,82314,13768.962.26$226,602
May 20233,03715,07270.622.23$248,044
Apr 20232,50416,24378.122.24$231,960
Mar 20236445,93272.852.39$61,112
Feb 20232,92319,50375.112.47$267,635
Jan 20233,15321,25676.533.39$313,308
Dec 20223,48911,44176.415.73$332,141
Nov 20223,49420,20485.005.65$411,066
Oct 20223,61328,44887.185.86$481,794
Sep 20223,56424,16984.888.16$499,820
Aug 20223,59423,12094.529.13$550,725
Jul 20224,98739,508101.587.54$804,552
Jun 20223,63027,027115.097.98$633,376
May 20223,80029,748109.378.43$666,472
Apr 20224,30630,727104.226.84$658,870
Mar 20224,41659,592108.885.08$783,327
Feb 20223,67053,54791.054.86$594,330
Jan 20224,91541,93781.844.54$592,540
Dec 20214,92934,30571.323.90$485,296
Nov 20213,79018,76377.435.24$391,719
Oct 20215,18416,84479.795.71$509,876
Sep 20213,60213,21669.865.35$322,353
Aug 202160066.024.22$3,961
Jul 20212,65814,77870.783.98$246,980
Jun 20214,14618,82869.493.38$351,756
May 20215,06023,67163.483.02$392,640
Apr 20213,93416,73760.362.76$283,624
Mar 20213,72113,22861.302.72$264,037
Feb 20213,38014,83557.805.55$277,668
Jan 20213,98816,42350.412.81$247,188
Dec 20205,02319,36844.642.68$276,045
Nov 20206,10313,17838.772.71$272,280
Oct 20204,6524,51936.972.48$183,184
Sep 20208531,04937.091.99$33,726
Aug 20204,64721,81039.982.39$237,806
Jul 20204,67428,79538.371.83$231,896
Jun 20205,76628,25934.901.69$249,000
May 20206,36645,77516.921.81$190,783
Apr 20206,03228,04214.751.80$139,570
Mar 20207,32530,50230.341.86$278,859
Feb 20208,07631,30249.881.98$464,830
Jan 20208,19028,36757.252.09$528,299
Dec 20199,12329,56059.012.30$606,465
Nov 20199,27031,93255.302.75$600,466
Oct 201910,09734,84753.472.42$624,165
Sep 201910,69634,56655.052.66$680,666
Aug 201911,21932,11153.112.30$669,836
Jul 201913,62032,83456.272.46$847,171
Jun 201913,41429,80252.782.49$782,234
May 201915,79136,79758.482.74$1,024,293
Apr 201915,64030,31562.632.75$1,062,921
Mar 201912,88634,33756.803.06$837,068
Feb 201922,43152,33050.852.79$1,286,733
Jan 201928,35349,01946.033.23$1,463,331
Dec 201840,35634,24146.594.19$2,023,500
Nov 201810,93516,86352.934.24$650,242
Oct 201810,03913,10861.443.40$661,338
Sep 201820,65124,21059.543.11$1,304,805
Aug 201829,16031,51759.403.07$1,828,753
Jul 201835,30936,37965.142.93$2,406,687
Jun 201824,72126,86760.183.08$1,570,377
May 20180065.382.90$0
Apr 20180063.842.90$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                1,132 bbl  × $106.41 =   $120,456
Casinghead gas     5,851 Mcf  × $  3.05 =    $17,821

────────────────────────────────────────────────────
Month total                                 $138,277

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/50472 is the state's own key, not one this site invented.