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NEAL LETHCO B 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 51539District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.4 M
Nov 2018 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
91
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
OilDisposition384,226 bbl$22,179,880
Casinghead gasProduction1,672,532 Mcf$6,189,705
Total$28,369,585

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 31.1049, -102.9260. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10494, -102.92603 · 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
9,478 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 9,478 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-371397212WA9,478 ftNov 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 (91)

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

91 months

May 20261,52616,111106.413.05$211,453
Apr 20261,38815,82198.932.87$182,717
Mar 20261,63216,92489.753.15$199,773
Feb 20261,51815,82063.503.75$155,723
Jan 20261,67217,69859.138.00$240,413
Dec 20251,67816,59256.664.41$168,302
Nov 20251,52617,34358.593.93$157,505
Oct 20251,63317,86859.383.30$156,018
Sep 20258647,94062.743.08$78,638
Aug 20251,67615,36363.933.01$153,462
Jul 20251,58315,68166.743.32$157,635
Jun 20251,56416,44666.483.13$155,430
May 20251,47813,29660.553.23$132,470
Apr 20251,50413,85262.363.54$142,869
Mar 20251,57212,42867.704.27$159,471
Feb 20251,3059,44970.884.34$133,515
Jan 20256433,61374.324.28$63,247
Dec 20241,0906,66368.993.12$95,997
Nov 20241,0126,70769.052.20$84,624
Oct 20241,0938,06471.372.28$96,405
Sep 20241,1158,07469.612.36$96,705
Aug 20241,2449,44575.632.06$113,575
Jul 20241,5528,71579.932.15$142,759
Jun 20241,38310,56078.082.63$135,799
May 20241,41116,91478.812.20$148,385
Apr 20241,94919,58784.451.66$197,092
Mar 20241,76126,23980.301.55$181,951
Feb 20241,22916,15176.091.78$122,322
Jan 20241,85417,27173.023.30$192,333
Dec 20231,70820,01471.262.61$173,963
Nov 20231,82319,47077.892.81$196,657
Oct 202397612,57085.443.09$122,197
Sep 20231,73322,38689.042.74$215,533
Aug 20231,85921,20580.522.67$206,365
Jul 20231,92422,42174.852.64$203,243
Jun 20231,09914,00168.962.26$107,408
May 20231,91123,21170.622.23$186,655
Apr 20232,03022,78378.122.24$209,566
Mar 20231,95922,98772.852.39$197,725
Feb 20231,79720,01275.112.47$184,316
Jan 20231,94124,00476.533.39$229,864
Dec 20222,25328,41676.415.73$334,949
Nov 20222,20134,55785.005.65$382,201
Oct 20221,30319,54287.185.86$228,185
Sep 20222,27726,54984.888.16$410,009
Aug 20222,49425,98694.529.13$472,911
Jul 20222,37025,322101.587.54$431,725
Jun 20222,03118,613115.097.98$382,227
May 20222,40530,627109.378.43$521,314
Apr 20222,66229,213104.226.84$477,180
Mar 20222,37014,352108.885.08$330,902
Feb 20222,031091.054.86$184,923
Jan 20222,58025,03481.844.54$324,743
Dec 20212,34731,47871.323.90$290,125
Nov 20213,56231,41677.435.24$440,327
Oct 20213,43035,03679.795.71$473,871
Sep 20214,94033,16769.865.35$522,582
Aug 20213,23128,30066.024.22$332,753
Jul 20212,51119,80270.783.98$256,582
Jun 20213,84227,16269.493.38$358,805
May 20214,15727,13963.483.02$345,783
Apr 20213,34420,87560.362.76$259,426
Mar 20213,50116,94561.302.72$260,650
Feb 20213,12012,96957.805.55$252,287
Jan 20213,56819,13550.412.81$233,637
Dec 20203,79218,84144.642.68$219,683
Nov 20204,30817,14938.772.71$213,436
Oct 20204,61213,15936.972.48$203,119
Sep 20205,20320,21637.091.99$233,230
Aug 20206,18223,78739.982.39$303,891
Jul 20204,64819,19038.371.83$213,368
Jun 20205,96621,36734.901.69$244,330
May 20207,99523,50716.921.81$177,935
Apr 20204,72718,06314.751.80$102,316
Mar 20205,02317,78130.341.86$185,403
Feb 20205,40014,89849.881.98$298,860
Jan 20206,41723,61557.252.09$416,841
Dec 20196,83619,05159.012.30$447,293
Nov 20196,53018,40055.302.75$411,722
Oct 201910,41924,36253.472.42$616,024
Sep 20196,81211,33755.052.66$405,126
Aug 201913,26326,69953.112.30$765,922
Jul 201915,42621,00656.272.46$919,697
Jun 20197,0359,42752.782.49$394,792
May 20193,3632,46958.482.74$203,434
Apr 201912,8929,75062.632.75$834,245
Mar 201917,93616,03556.803.06$1,067,866
Feb 201913,9229,24950.852.79$733,759
Jan 201921,29112,57146.033.23$1,020,606
Dec 201839,21431,76246.594.19$1,959,918
Nov 201814,2695,50752.934.24$778,593

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                1,526 bbl  × $106.41 =   $162,382
Casinghead gas    16,111 Mcf  × $  3.05 =    $49,072

────────────────────────────────────────────────────
Month total                                 $211,453

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/51539 is the state's own key, not one this site invented.