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STATE NEAL LETHCO B 20-19

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 51605District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.8 M
Nov 2018 – May 2026
Value, last 12 filed months
$1.6 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
OilDisposition475,815 bbl$28,038,292
Casinghead gasProduction1,181,624 Mcf$3,749,574
Total$31,787,866

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 31.1045, -102.9921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10446, -102.99205 · 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
10,130 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 10,130 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-371397202WA10,130 ftMar 2019——

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 20261,6532,302106.413.05$182,907
Apr 20261,6131,98298.932.87$165,262
Mar 20261,7211,91289.753.15$160,481
Feb 20261,6291,41163.503.75$108,733
Jan 20261,7992,24759.138.00$124,346
Dec 20251,6501,89356.664.41$101,843
Nov 20251,7602,03158.593.93$111,093
Oct 20251,9752,31459.383.30$124,923
Sep 20251,8041,96162.743.08$119,217
Aug 20252,0471,90963.933.01$136,620
Jul 20252,0121,82166.743.32$140,318
Jun 20251,9381,60566.483.13$133,860
May 20251,9101,45660.553.23$120,357
Apr 20251,8981,51562.363.54$123,727
Mar 20252,0371,58067.704.27$144,649
Feb 20251,7691,69470.884.34$132,740
Jan 20252,1441,94674.324.28$167,668
Dec 20242,1011,71668.993.12$150,304
Nov 20241,9931,74969.052.20$141,462
Oct 20242,2272,05071.372.28$163,618
Sep 20242,0521,95769.612.36$147,467
Aug 20242,4112,16075.632.06$186,801
Jul 20242,2391,72979.932.15$182,675
Jun 20242,7161,66478.082.63$216,448
May 202481956578.812.20$65,788
Apr 20241,4751,69684.451.66$127,378
Mar 20242,1402,52580.301.55$175,743
Feb 20242,0822,66376.091.78$163,169
Jan 20242,2642,79973.023.30$174,547
Dec 20232,3522,96271.262.61$175,336
Nov 20232,3752,86477.892.81$193,030
Oct 20232,4493,19885.443.09$219,116
Sep 20232,2062,93689.042.74$204,452
Aug 20232,1442,66880.522.67$179,766
Jul 20232,3763,14174.852.64$186,141
Jun 20232,3893,27168.962.26$172,133
May 20232,4003,10470.622.23$176,402
Apr 20232,1712,20478.122.24$174,531
Mar 202355773472.852.39$42,334
Feb 20232,1555,11875.112.47$174,481
Jan 20232,9704,87476.533.39$243,806
Dec 20222,9419,41176.415.73$278,638
Nov 20222,8669,14185.005.65$295,222
Oct 20223,12010,23387.185.86$332,005
Sep 20222,97210,68284.888.16$339,468
Aug 20223,36511,40894.529.13$422,182
Jul 20223,0899,502101.587.54$385,445
Jun 20222,8588,723115.097.98$398,512
May 20223,0948,768109.378.43$412,332
Apr 20223,40910,058104.226.84$424,059
Mar 20223,57811,270108.885.08$446,784
Feb 20223,3569,28891.054.86$350,693
Jan 20223,78110,12381.844.54$355,372
Dec 20213,4168,65471.323.90$277,372
Nov 20213,74011,14877.435.24$347,969
Oct 20213,92212,57679.795.71$384,794
Sep 20213,87212,82369.865.35$339,113
Aug 20214,08915,00866.024.22$333,298
Jul 20214,42414,77570.783.98$371,966
Jun 20214,39214,10169.493.38$352,870
May 20215,27816,31663.483.02$384,284
Apr 20216,09521,83360.362.76$428,119
Mar 20216,78829,31461.302.72$495,749
Feb 20212,28924,78557.805.55$269,810
Jan 20218,04141,28250.412.81$521,360
Dec 20209,19642,58344.642.68$524,439
Nov 20208,12840,39638.772.71$424,457
Oct 20207,55425,07436.972.48$341,416
Sep 20204,79526,48737.091.99$230,583
Aug 20204,60525,79139.982.39$245,622
Jul 20206,54732,71838.371.83$310,923
Jun 20205,23523,69934.901.69$222,760
May 20204,62023,16116.921.81$120,202
Apr 20208,57435,33214.751.80$190,219
Mar 20209,02834,31530.341.86$337,606
Feb 20206,59428,50649.881.98$385,370
Jan 20209,20135,87257.252.09$601,900
Dec 201912,27038,39559.012.30$812,529
Nov 201911,38631,15055.302.75$715,330
Oct 201913,92138,99153.472.42$838,657
Sep 201911,12324,41455.052.66$677,196
Aug 201917,93642,53553.112.30$1,050,597
Jul 201922,85135,53856.272.46$1,373,251
Jun 201911,73110,38252.782.49$645,026
May 20194,7876,36158.482.74$297,375
Apr 201916,40219,93362.632.75$1,082,087
Mar 201920,94735,52656.803.06$1,298,574
Feb 201920,96924,80850.852.79$1,135,543
Jan 201927,22233,69146.033.23$1,361,789
Dec 201811,59327,21046.594.19$654,004
Nov 201811,4035,60852.934.24$627,323

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                1,653 bbl  × $106.41 =   $175,896
Casinghead gas     2,302 Mcf  × $  3.05 =     $7,012

────────────────────────────────────────────────────
Month total                                 $182,907

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/51605 is the state's own key, not one this site invented.