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STATE NEAL LETHCO 7-8 F

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 52460District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$35.5 M
Jun 2019 – May 2026
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
84
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
OilDisposition511,351 bbl$32,406,709
Casinghead gasProduction852,496 Mcf$3,112,887
Total$35,519,596

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 31.0710, -102.9600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07097, -102.95998 · 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
9,882 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 9,882 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-371399256WA9,882 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 (84)

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

84 months

May 20263,0029,382106.413.05$348,019
Apr 20263,1817,82998.932.87$337,163
Mar 20263,2157,26589.753.15$311,427
Feb 20263,1386,62863.503.75$224,120
Jan 20263,4927,40859.138.00$265,731
Dec 20253,5598,00656.664.41$236,986
Nov 20253,6988,90758.593.93$251,639
Oct 20253,7448,90759.383.30$251,755
Sep 20253,5898,98362.743.08$252,814
Aug 20254,0999,12263.933.01$289,550
Jul 20254,1189,63566.743.32$306,777
Jun 20253,7978,37566.483.13$278,628
May 20254,2488,99360.553.23$286,285
Apr 20254,2269,09862.363.54$295,769
Mar 20253,6849,08767.704.27$288,193
Feb 20253,2456,68070.884.34$259,002
Jan 20254,6368,98474.324.28$382,987
Dec 20244,4648,77368.993.12$335,355
Nov 20244,1107,94969.052.20$301,271
Oct 20244,8499,26971.372.28$367,219
Sep 20243,7846,42469.612.36$278,593
Aug 20242,8355,72875.632.06$226,232
Jul 20242,7775,31179.932.15$233,366
Jun 20242,6385,34678.082.63$220,056
May 20242,5966,53078.812.20$218,947
Apr 20242,6726,52184.451.66$236,470
Mar 20242,8556,37680.301.55$239,108
Feb 20242,7325,85776.091.78$218,325
Jan 20242,8405,92573.023.30$226,915
Dec 20232,9476,31171.262.61$226,479
Nov 20233,1205,73977.892.81$259,129
Oct 20233,2235,82685.443.09$293,360
Sep 20233,0895,58189.042.74$290,309
Aug 20233,2626,10480.522.67$278,972
Jul 20233,4746,43674.852.64$277,032
Jun 20233,8616,93968.962.26$281,926
May 20233,9697,29670.622.23$296,542
Apr 20233,9257,58378.122.24$323,590
Mar 20234,0607,62672.852.39$314,021
Feb 20234,0236,58475.112.47$318,402
Jan 20234,4398,63376.533.39$368,963
Dec 20224,2548,30776.415.73$372,640
Nov 20224,2276,94385.005.65$398,497
Oct 20222,7824,20587.185.86$267,192
Sep 20224,10311,30384.888.16$440,537
Aug 20224,67017,28994.529.13$599,208
Jul 20224,98715,968101.587.54$627,011
Jun 20224,69012,258115.097.98$637,557
May 20225,05614,903109.378.43$678,652
Apr 20225,04314,284104.226.84$623,250
Mar 20225,24912,456108.885.08$634,743
Feb 20224,77213,42091.054.86$499,696
Jan 20225,69717,25481.844.54$544,536
Dec 20216,13218,03371.323.90$507,647
Nov 20216,9509,74977.435.24$589,193
Oct 20214,5394,79479.795.71$389,559
Sep 20213,7677,79069.865.35$304,846
Aug 20216,17016,18566.024.22$475,654
Jul 20216,57117,81670.783.98$536,040
Jun 20216,53017,01269.493.38$511,281
May 20217,04218,77763.483.02$503,689
Apr 20217,14319,92560.362.76$486,113
Mar 20218,53320,00761.302.72$577,431
Feb 20217,00111,07457.805.55$466,096
Jan 20219,46614,72650.412.81$518,565
Dec 202011,71516,18344.642.68$566,255
Nov 202011,3528,30938.772.71$462,606
Oct 20206,6124,66836.972.48$256,015
Sep 20200037.091.99$0
Aug 20208743939.982.39$4,525
Jul 20204,9276,28038.371.83$200,511
Jun 20205,9918,17534.901.69$222,904
May 202079016.921.81$1,337
Apr 20209,98115,61814.751.80$175,401
Mar 202012,30417,71530.341.86$406,186
Feb 202017,13818,88549.881.98$892,248
Jan 202019,22217,53557.252.09$1,137,191
Dec 201918,97415,98059.012.30$1,156,479
Nov 201919,54817,44455.302.75$1,128,988
Oct 201914,62514,16953.472.42$816,267
Sep 201917,15814,66955.052.66$983,528
Aug 201918,09414,79153.112.30$995,056
Jul 201922,26817,62256.272.46$1,296,372
Jun 201920,68715,58052.782.49$1,130,673

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                3,002 bbl  × $106.41 =   $319,443
Casinghead gas     9,382 Mcf  × $  3.05 =    $28,576

────────────────────────────────────────────────────
Month total                                 $348,019

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/52460 is the state's own key, not one this site invented.