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NEAL LETHCO 17-18 B

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 53069District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$43.1 M
Apr 2019 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
86
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
OilDisposition656,631 bbl$40,029,488
Casinghead gasProduction882,257 Mcf$3,096,686
Total$43,126,174

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 31.0925, -102.9924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09250, -102.99236 · 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
9,988 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 9,988 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-371398422WA9,988 ftApr 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 (86)

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

86 months

May 20262,3963,063106.413.05$264,288
Apr 20263,0063,73298.932.87$308,093
Mar 20263,1803,39289.753.15$296,088
Feb 20262,5132,85763.503.75$170,290
Jan 20263,0122,77259.138.00$200,270
Dec 202536528056.664.41$21,917
Nov 20252,4901,99158.593.93$153,707
Oct 20252,6272,19259.383.30$163,235
Sep 20252,3542,12762.743.08$154,235
Aug 20252,4541,63863.933.01$161,822
Jul 20252,6772,56166.743.32$187,153
Jun 20252,4282,29266.483.13$168,584
May 20253,2692,46760.553.23$205,912
Apr 20253,1772,47162.363.54$206,873
Mar 20252,4141,90167.704.27$171,542
Feb 20252,45768670.884.34$177,130
Jan 20252,9231,41974.324.28$223,309
Dec 20242,8712,03168.993.12$204,410
Nov 20242,8271,57269.052.20$198,660
Oct 20243,1412,35871.372.28$229,553
Sep 20242,5883,11869.612.36$187,523
Aug 20241,5691,85375.632.06$122,487
Jul 20243,2015,75379.932.15$268,205
Jun 20243,2006,38078.082.63$266,661
May 20243,4665,81578.812.20$285,939
Apr 20242,6517,07784.451.66$235,619
Mar 20244,44911,13980.301.55$374,466
Feb 20244,40311,11176.091.78$354,842
Jan 20243,54110,23973.023.30$292,329
Dec 20233,6949,91871.262.61$289,128
Nov 20234,0729,13877.892.81$342,824
Oct 20234,2089,95685.443.09$390,268
Sep 20233,6008,84889.042.74$344,744
Aug 20234,57110,40680.522.67$395,871
Jul 20234,70410,49574.852.64$379,820
Jun 20234,78911,46468.962.26$356,141
May 20235,70015,51070.622.23$437,081
Apr 20235,38613,79078.122.24$451,613
Mar 20233,16811,38272.852.39$258,028
Feb 20232,5608,36975.112.47$212,917
Jan 20232,4714,24976.533.39$203,500
Dec 20224,53111,01976.415.73$409,342
Nov 20225,00411,04785.005.65$487,714
Oct 20225,43711,49787.185.86$541,413
Sep 20225,66912,23684.888.16$581,076
Aug 20225,27812,68194.529.13$614,618
Jul 20225,78812,103101.587.54$679,227
Jun 20225,48613,731115.097.98$740,919
May 20225,49812,100109.378.43$703,356
Apr 20226,03812,281104.226.84$713,253
Mar 20226,45314,202108.885.08$774,698
Feb 20225,97714,21091.054.86$613,250
Jan 20225,91315,22081.844.54$552,983
Dec 20215,43114,09771.323.90$442,305
Nov 20215,28314,69977.435.24$486,039
Oct 20215,35617,58179.795.71$527,811
Sep 20214,48116,02669.865.35$398,797
Aug 20213,25717,05566.024.22$287,009
Jul 20214,91418,51170.783.98$421,525
Jun 20214,96416,31869.493.38$400,113
May 20215,61815,95663.483.02$404,781
Apr 20215,38915,89660.362.76$369,128
Mar 20215,91816,67561.302.72$408,078
Feb 20214,48711,48357.805.55$323,056
Jan 20216,30416,57850.412.81$364,373
Dec 20206,66516,27244.642.68$341,061
Nov 20206,68412,54338.772.71$293,087
Oct 20207,50610,48536.972.48$303,483
Sep 20205,43625,00137.091.99$251,399
Aug 20208,70823,51039.982.39$404,220
Jul 202012,71711,89838.371.83$509,667
Jun 202012,8087,97534.901.69$460,479
May 202015,35410,48116.921.81$278,810
Apr 202013,0299,05014.751.80$208,507
Mar 202013,0027,89030.341.86$409,126
Feb 202017,49519,46949.881.98$911,212
Jan 202024,23221,45957.252.09$1,432,233
Dec 201928,69724,82659.012.30$1,750,618
Nov 201931,16818,25055.302.75$1,773,791
Oct 201919,80111,73053.472.42$1,087,129
Sep 20198,1782,94155.052.66$458,014
Aug 201920,0499,52353.112.30$1,086,747
Jul 201929,47713,42556.272.46$1,691,697
Jun 201933,03614,15352.782.49$1,778,898
May 201949,03924,26958.482.74$2,934,306
Apr 201934,50414,09362.632.75$2,199,751

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                2,396 bbl  × $106.41 =   $254,958
Casinghead gas     3,063 Mcf  × $  3.05 =     $9,329

────────────────────────────────────────────────────
Month total                                 $264,288

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/53069 is the state's own key, not one this site invented.