NEAL LETHCO 17-18 A

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 51056District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$45.9 M
Aug 2018 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition705,969 bbl$43,084,979
Casinghead gasProduction851,633 Mcf$2,802,085
Total$45,887,064

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 31.0949, -102.9923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09494, -102.99231 · 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
9,998 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 9,998 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-371396921WA9,998 ftAug 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 (94)

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

94 months

May 20261,3612,217106.413.05$151,577
Apr 20262,1914,44998.932.87$229,523
Mar 20262,7254,59189.753.15$259,028
Feb 20262,5594,24263.503.75$178,405
Jan 20262,8364,39559.138.00$202,844
Dec 20252,7044,26456.664.41$172,027
Nov 20252,7614,05358.593.93$177,681
Oct 20252,7344,28959.383.30$176,519
Sep 20252,5064,24762.743.08$170,294
Aug 20252,8794,15363.933.01$196,575
Jul 20252,8413,22066.743.32$200,283
Jun 20253,2523,35566.483.13$226,690
May 20252,3991,03160.553.23$148,592
Apr 20252,2622,38262.363.54$149,498
Mar 20253,6783,04367.704.27$261,989
Feb 20251,05884570.884.34$78,659
Jan 20253,0623,69374.324.28$243,369
Dec 20242,9443,63268.993.12$214,443
Nov 20243,1385,08569.052.20$227,858
Oct 20243,3005,72471.372.28$248,580
Sep 20243,3364,16169.612.36$242,057
Aug 20243,6564,58775.632.06$285,969
Jul 20243,7453,96579.932.15$307,849
Jun 20243,7093,58878.082.63$299,049
May 20243,7934,40178.812.20$308,602
Apr 20243,3914,36684.451.66$293,614
Mar 20243,8612,71180.301.55$314,227
Feb 20243,3742,68376.091.78$261,513
Jan 20244,0062,74373.023.30$301,564
Dec 20234,0205,15071.262.61$299,910
Nov 20233,7595,13777.892.81$307,211
Oct 20234,7055,48885.443.09$418,938
Sep 20234,2685,10489.042.74$393,982
Aug 20233,8775,05780.522.67$325,693
Jul 20233,6925,61974.852.64$291,190
Jun 20233,4686,26868.962.26$253,309
May 20232,6865,20770.622.23$201,283
Apr 20233,3386,63578.122.24$275,612
Mar 20234,1886,79872.852.39$321,365
Feb 20234,5046,15375.112.47$353,467
Jan 20235,0047,18976.533.39$407,310
Dec 20224,6546,78476.415.73$394,478
Nov 20224,9547,64885.005.65$464,272
Oct 20225,5198,42787.185.86$530,560
Sep 20225,7378,91784.888.16$559,752
Aug 20225,7698,91494.529.13$626,645
Jul 20225,9208,440101.587.54$665,009
Jun 20226,2298,151115.097.98$781,918
May 20225,2315,874109.378.43$621,650
Apr 20225,9328,518104.226.84$676,476
Mar 20226,4932,965108.885.08$722,009
Feb 20226,8112,89791.054.86$634,218
Jan 2022626081.844.54$51,232
Dec 202131071.323.90$2,211
Nov 20213,2042,51177.435.24$261,235
Oct 20214,9395,25579.795.71$424,109
Sep 20215,0015,24569.865.35$377,435
Aug 20215,7134,95366.024.22$398,077
Jul 20216,4566,39070.783.98$482,401
Jun 20215,8446,65069.493.38$428,581
May 20214,75011,00063.483.02$334,724
Apr 20214,61410,72760.362.76$308,091
Mar 20215,05911,14361.302.72$340,392
Feb 20213,8217,43457.805.55$262,097
Jan 20215,63210,41550.412.81$313,178
Dec 20205,4399,63644.642.68$268,578
Nov 20205,9708,78538.772.71$255,234
Oct 20208,3668,46536.972.48$330,271
Sep 20204,1556,24837.091.99$166,549
Aug 20203,1637,75339.982.39$144,948
Jul 20205,59512,33838.371.83$237,198
Jun 20204,98611,99634.901.69$194,288
May 20207,68914,83416.921.81$157,018
Apr 20208,60412,02314.751.80$148,603
Mar 20209,76318,68230.341.86$330,888
Feb 20209,43012,94149.881.98$496,000
Jan 20207,84910,26757.252.09$470,862
Dec 201911,11713,20959.012.30$686,452
Nov 201910,99210,45555.302.75$636,616
Oct 20194,7735,22953.472.42$267,859
Sep 201911,26312,35355.052.66$652,854
Aug 20199,87516,77753.112.30$563,122
Jul 201915,73129,94756.272.46$958,855
Jun 201918,09531,53952.782.49$1,033,624
May 201922,63433,24958.482.74$1,414,749
Apr 201921,47626,83362.632.75$1,418,851
Mar 20195,8355,98056.803.06$349,739
Feb 201924,93428,16950.852.79$1,346,548
Jan 201934,14829,91946.033.23$1,668,416
Dec 201840,23535,42846.594.19$2,022,830
Nov 201832,27222,02052.934.24$1,801,461
Oct 201838,22728,09761.443.40$2,444,143
Sep 201859,09643,51759.543.11$3,653,827
Aug 201811,7489,76659.403.07$727,779

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                1,361 bbl  × $106.41 =   $144,824
Casinghead gas     2,217 Mcf  × $  3.05 =     $6,753

────────────────────────────────────────────────────
Month total                                 $151,577

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/51056 is the state's own key, not one this site invented.