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NEAL LETHCO 31-36 C

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 53539District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.8 M
Aug 2019 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
82
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
OilDisposition365,096 bbl$19,914,165
Casinghead gasProduction567,124 Mcf$1,897,094
Total$21,811,259

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 31.1056, -103.0830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10557, -103.08301 · 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
10,476 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 10,476 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-371400683WA10,476 ftFeb 2020——

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 (82)

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

82 months

May 20261,2021,318106.413.05$131,919
Apr 20261,0781,26398.932.87$110,271
Mar 20261,4161,62289.753.15$132,194
Feb 20261,3121,79663.503.75$90,048
Jan 20261,6402,35959.138.00$115,840
Dec 20251,5432,68156.664.41$99,259
Nov 20252,0062,44458.593.93$127,128
Oct 20251,8402,32859.383.30$116,953
Sep 20251,7461,80962.743.08$115,110
Aug 20251,6362,11463.933.01$110,963
Jul 20251,5421,94766.743.32$109,368
Jun 20251,6901,58266.483.13$117,301
May 20251,6921,37560.553.23$106,895
Apr 20251,6261,28562.363.54$105,950
Mar 20251,9371,47767.704.27$137,439
Feb 20251,6941,39570.884.34$126,126
Jan 20251,9261,41374.324.28$149,186
Dec 20241,9171,29868.993.12$136,305
Nov 20242,2221,26869.052.20$156,217
Oct 20241,9433,43771.372.28$146,513
Sep 20242,1845,42869.612.36$164,862
Aug 20242,2871,96175.632.06$177,013
Jul 20241,44077879.932.15$116,769
Jun 202443726878.082.63$34,827
May 20241,2473,54678.812.20$106,072
Apr 20241,3684,14984.451.66$122,412
Mar 20242,0506,60580.301.55$174,821
Feb 20242,5526,24476.091.78$205,319
Jan 20241,6773,89273.023.30$135,289
Dec 20232,6575,75271.262.61$204,355
Nov 20232,2706,13477.892.81$194,032
Oct 20232,2386,29085.443.09$210,634
Sep 20232,1456,37589.042.74$208,427
Aug 20231,5036,57380.522.67$138,590
Jul 20232,1645,80274.852.64$177,303
Jun 20233,0076,81568.962.26$222,754
May 20232,9717,07970.622.23$225,580
Apr 20233,0907,99078.122.24$259,271
Mar 20234,6488,17672.852.39$358,173
Feb 20234,5427,99675.112.47$360,865
Jan 20233,6808,42776.533.39$310,179
Dec 20222,9327,50376.415.73$267,019
Nov 20223,1876,68285.005.65$308,623
Oct 20221,4562,38887.185.86$140,937
Sep 20222,7626,90984.888.16$290,841
Aug 20223,2589,30294.529.13$392,847
Jul 20223,41412,459101.587.54$440,761
Jun 20223,2879,235115.097.98$451,970
May 20222,8666,859109.378.43$371,297
Apr 20223,0576,491104.226.84$362,983
Mar 20222,5275,837108.885.08$304,771
Feb 20222,1125,37191.054.86$218,394
Jan 20223,59510,92481.844.54$343,784
Dec 20215,72810,01871.323.90$447,582
Nov 20212,2942,87677.435.24$192,686
Oct 20213,0026,43379.795.71$276,287
Sep 20214,49812,41469.865.35$380,657
Aug 20214,96314,48366.024.22$388,784
Jul 20214,85614,86670.783.98$402,905
Jun 20215,0667,60169.493.38$377,732
May 20215,4546,41363.483.02$365,572
Apr 20216,3555,24860.362.76$398,064
Mar 20215,6233,58861.302.72$354,438
Feb 2021234057.805.55$13,525
Jan 20217,76215,46550.412.81$434,743
Dec 202010,96917,54144.642.68$536,586
Nov 202011,81120,13438.772.71$512,407
Oct 202012,27220,63036.972.48$504,826
Sep 202014,62424,29737.091.99$590,780
Aug 202013,44919,78239.982.39$584,873
Jul 202016,18317,38038.371.83$652,662
Jun 202015,14315,67934.901.69$554,993
May 202012,49011,68216.921.81$232,531
Apr 202017,66017,78814.751.80$292,581
Mar 202028,50028,08930.341.86$916,830
Feb 202037,94232,26649.881.98$1,956,455
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$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                1,202 bbl  × $106.41 =   $127,905
Casinghead gas     1,318 Mcf  × $  3.05 =     $4,014

────────────────────────────────────────────────────
Month total                                 $131,919

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/53539 is the state's own key, not one this site invented.