STATE NEAL LETHCO 29-28 C

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 53530District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.1 M
Jun 2019 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
oil, casinghead gas

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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition282,051 bbl$16,937,867
Casinghead gasProduction903,345 Mcf$3,114,524
Total$20,052,391

Wells on this lease (2)

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 31.5339, -103.3302. A lease has no coordinate of its own — that point is the mean of its wells, and they span 57.3 miles, so treat it as the lease's centre and not as its location.

31.53389, -103.33019 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
5,491 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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

Between 1,496 and 9,486 ft, median 5,491 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2019 – Aug 2019
2 of 2 wells

2 wells

42-3013412711,496 ftAug 2019Yes
42-371399083WA9,486 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 20261,7098,010106.413.05$206,252
Apr 20261,3115,85698.932.87$146,502
Mar 20261,4435,20989.753.15$145,915
Feb 20269737,49963.503.75$89,909
Jan 20261,9076,82659.138.00$167,355
Dec 20251,34610,11656.664.41$120,910
Nov 20251,4859,98358.593.93$126,204
Oct 20251,1015,36959.383.30$83,121
Sep 20251,4787,86662.743.08$116,933
Aug 20251,7297,33963.933.01$132,660
Jul 20251,3676,09966.743.32$111,453
Jun 20251,5838,65966.483.13$132,329
May 20251,6877,03260.553.23$124,878
Apr 20251,4735,67362.363.54$111,956
Mar 20251,6016,27867.704.27$135,184
Feb 20251,3338,09170.884.34$129,605
Jan 20251,4229,16574.324.28$144,897
Dec 20241,6428,91668.993.12$141,112
Nov 20241,7467,65569.052.20$137,390
Oct 20241,3328,94071.372.28$115,461
Sep 20241,4598,01769.612.36$120,516
Aug 20241,3357,36875.632.06$116,171
Jul 20241,1937,96779.932.15$112,458
Jun 20241,0384,62678.082.63$93,232
May 20241,4636,67578.812.20$129,974
Apr 20241,3719,20684.451.66$131,056
Mar 20241,69410,28580.301.55$151,920
Feb 20241,6689,51176.091.78$143,882
Jan 20242,1069,72873.023.30$185,860
Dec 20232,0846,50171.262.61$165,478
Nov 20231,2594,24677.892.81$109,984
Oct 20231,6397,64285.443.09$163,629
Sep 20231,3886,15589.042.74$140,422
Aug 20231,4875,88280.522.67$135,455
Jul 20231,7979,53574.852.64$159,695
Jun 20232,07510,99868.962.26$167,931
May 20231,96410,04070.622.23$161,061
Apr 20231,6989,17278.122.24$153,172
Mar 20232,39110,80272.852.39$200,035
Feb 20231,5926,46075.112.47$135,503
Jan 20231,0244,26376.533.39$92,809
Dec 20222,24410,12776.415.73$229,482
Nov 20222,09510,33985.005.65$236,451
Oct 20222,11210,22387.185.86$244,069
Sep 20222,32110,84284.888.16$285,517
Aug 20221,9329,06694.529.13$265,359
Jul 20222,23510,235101.587.54$304,224
Jun 20222,1929,944115.097.98$331,603
May 20222,32011,380109.378.43$349,706
Apr 20222,31211,213104.226.84$317,627
Mar 20222,44210,974108.885.08$321,593
Feb 20222,36210,65491.054.86$266,826
Jan 20222,49811,81681.844.54$258,054
Dec 20212,21312,42571.323.90$206,278
Nov 20212,29912,88977.435.24$245,509
Oct 20212,61714,66279.795.71$292,587
Sep 20212,46814,56869.865.35$250,367
Aug 20212,55813,60066.024.22$226,279
Jul 20212,74015,04570.783.98$253,848
Jun 20211,93913,34069.493.38$179,839
May 20212,75214,61263.483.02$218,791
Apr 20213,04215,01760.362.76$225,038
Mar 20213,46217,59161.302.72$260,014
Feb 20212,84211,06957.805.55$225,678
Jan 20213,93517,98650.412.81$248,909
Dec 20204,10519,84944.642.68$236,352
Nov 20204,49219,65738.772.71$227,358
Oct 20205,00722,08336.972.48$239,840
Sep 20205,11020,40037.091.99$230,147
Aug 20205,50122,26639.982.39$273,037
Jul 20205,06016,97438.371.83$225,132
Jun 20205,1189,34534.901.69$194,414
May 20206,2489,83616.921.81$123,566
Apr 20204,4065,43414.751.80$74,794
Mar 20205,40114,17030.341.86$190,169
Feb 20207,70218,15849.881.98$420,141
Jan 20206,87723,43057.252.09$442,788
Dec 20199,82527,23659.012.30$642,535
Nov 201918,81520,39055.302.75$1,096,556
Oct 201911,76916,45153.472.42$669,076
Sep 20197,1914,71855.052.66$408,402
Aug 201914,3696,71253.112.30$778,604
Jul 201912,5457,39456.272.46$724,097
Jun 201919,1853,56552.782.49$1,021,465

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                1,709 bbl  × $106.41 =   $181,855
Casinghead gas     8,010 Mcf  × $  3.05 =    $24,397

────────────────────────────────────────────────────
Month total                                 $206,252

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/53530 is the state's own key, not one this site invented.