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NEAL LETHCO C 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 52245District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.8 M
Feb 2019 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
88
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
OilDisposition260,101 bbl$15,167,494
Casinghead gasProduction1,902,014 Mcf$6,607,617
Total$21,775,111

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 31.1024, -102.9261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10238, -102.92612 · 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
9,803 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 9,803 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-371398313WA9,803 ftJun 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 (88)

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

88 months

May 202699416,798106.413.05$156,936
Apr 202685016,62098.932.87$131,785
Mar 20263604,41789.753.15$46,221
Feb 202693415,97463.503.75$119,217
Jan 20261,00618,41759.138.00$206,782
Dec 202589622,72756.664.41$151,070
Nov 20252103,15658.593.93$24,696
Oct 202592416,96459.383.30$110,930
Sep 20251,05416,83562.743.08$117,928
Aug 202598816,49163.933.01$112,879
Jul 202598718,75166.743.32$128,036
Jun 202594516,76166.483.13$115,264
May 20251,02314,94860.553.23$110,259
Apr 20251,19614,21662.363.54$124,952
Mar 20252,16616,38967.704.27$216,592
Feb 20251,49815,74370.884.34$174,516
Jan 20251,03815,39074.324.28$142,993
Dec 20241,41215,10368.993.12$144,556
Nov 20241,43915,69969.052.20$133,876
Oct 20241,00413,27771.372.28$101,946
Sep 20241,06313,78669.612.36$106,591
Aug 20241,34915,59275.632.06$134,201
Jul 20241,26018,26079.932.15$139,909
Jun 20241,24315,05878.082.63$136,716
May 20241,17815,19278.812.20$126,237
Apr 20241,38916,82084.451.66$145,209
Mar 20241,26216,26680.301.55$126,472
Feb 20241,08317,47676.091.78$113,576
Jan 20241,60724,49873.023.30$198,129
Dec 20231,17218,80571.262.61$132,611
Nov 20231,24118,84677.892.81$149,573
Oct 20231,63125,37485.443.09$217,689
Sep 202385910,13289.042.74$104,197
Aug 20231,53826,02980.522.67$193,412
Jul 20231,54727,36274.852.64$188,078
Jun 20231,47327,89468.962.26$164,576
May 20231,53926,23370.622.23$167,116
Apr 20231,69225,67378.122.24$189,629
Mar 20231,71627,14772.852.39$189,978
Feb 20231,74025,25775.112.47$192,967
Jan 20231,38520,30176.533.39$174,768
Dec 20221,65033,74876.415.73$319,421
Nov 20222,1809,97785.005.65$241,632
Oct 20222,07622,07087.185.86$310,399
Sep 20223,27336,33384.888.16$574,423
Aug 20226339394.529.13$9,542
Jul 20221,43718,756101.587.54$287,430
Jun 20222,07630,351115.097.98$481,043
May 20221,94423,640109.378.43$411,972
Apr 20222,01326,954104.226.84$394,096
Mar 20222,27054,366108.885.08$523,141
Feb 20221,96251,77391.054.86$430,197
Jan 20222,26647,97081.844.54$403,122
Dec 20212,36639,00771.323.90$320,836
Nov 20213,36431,39077.435.24$424,859
Oct 20214,36536,60379.795.71$557,428
Sep 20214902,75469.865.35$48,968
Aug 20211,2808,07966.024.22$118,604
Jul 20213,15517,82370.783.98$294,284
Jun 20212,68116,41969.493.38$241,809
May 20212,72418,74763.483.02$229,492
Apr 20212,85619,33160.362.76$225,711
Mar 20213,26718,52461.302.72$250,596
Feb 20212,83614,28557.805.55$243,173
Jan 20213,13621,86050.412.81$219,518
Dec 20203,48921,08944.642.68$212,172
Nov 20203,64819,15838.772.71$193,285
Oct 20203,75218,72636.972.48$185,123
Sep 20204,87332,39237.091.99$245,233
Aug 20204,54726,88739.982.39$245,917
Jul 20206,37231,70638.371.83$302,361
Jun 20206,66732,77234.901.69$288,073
May 20207,83729,45316.921.81$186,052
Apr 20207,44433,85914.751.80$170,894
Mar 20208,71944,19530.341.86$346,571
Feb 20209,98746,94849.881.98$591,140
Jan 202011,42748,83857.252.09$756,499
Dec 201910,75432,74359.012.30$710,045
Nov 20193,63910,30455.302.75$229,580
Oct 20197,51821,36153.472.42$453,650
Sep 201916,70245,89455.052.66$1,041,398
Aug 201917,45933,80453.112.30$1,005,144
Jul 201919,04532,36156.272.46$1,151,272
Jun 20196011,69452.782.49$35,941
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$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                  994 bbl  × $106.41 =   $105,772
Casinghead gas    16,798 Mcf  × $  3.05 =    $51,164

────────────────────────────────────────────────────
Month total                                 $156,936

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/52245 is the state's own key, not one this site invented.