MineralRecord
Log inSign up

STATE NEAL LETHCO 29-30 D

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 53580District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$24.9 M
Oct 2019 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
80
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
OilDisposition377,354 bbl$22,822,085
Casinghead gasProduction565,898 Mcf$2,067,011
Total$24,889,096

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 31.1156, -102.9922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.11559, -102.99222 · 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
9,766 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 9,766 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-371399974WA9,766 ftOct 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 (80)

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

80 months

May 20269522,254106.413.05$108,168
Apr 20261,1552,19098.932.87$120,549
Mar 20262,0062,69289.753.15$188,517
Feb 20261,1693,93763.503.75$88,997
Jan 20261,3641,55659.138.00$93,098
Dec 20251,4383,93956.664.41$98,861
Nov 20251,8503,85958.593.93$123,544
Oct 20252,2063,55959.383.30$142,754
Sep 20251,6883,37062.743.08$116,274
Aug 20252,1353,13863.933.01$145,951
Jul 20251,8233,17266.743.32$132,183
Jun 20251,7603,72466.483.13$128,656
May 20252,1243,42160.553.23$139,666
Apr 20252,0243,29162.363.54$137,877
Mar 20252,0453,47867.704.27$153,292
Feb 20251,7122,82170.884.34$133,592
Jan 20251,9723,24874.324.28$160,456
Dec 20241,9952,91068.993.12$146,718
Nov 20241,9772,66069.052.20$142,360
Oct 20242,0282,89171.372.28$151,334
Sep 20242,0942,66569.612.36$152,064
Aug 20242,1762,81975.632.06$170,388
Jul 20241,8542,38079.932.15$153,299
Jun 20241,4893,58378.082.63$125,699
May 20242,2485,25578.812.20$188,718
Apr 20241,2932,29784.451.66$113,005
Mar 20242,3205,67280.301.55$195,060
Feb 20242,1526,33376.091.78$175,041
Jan 20242,7167,30773.023.30$222,418
Dec 20232,6288,67271.262.61$209,911
Nov 20232,5848,28577.892.81$224,528
Oct 20232,3627,18485.443.09$223,988
Sep 20232,3835,35789.042.74$226,834
Aug 20232,6247,46980.522.67$231,248
Jul 20232,8168,14674.852.64$232,298
Jun 20232,8078,11268.962.26$211,892
May 20233,3676,64070.622.23$252,567
Apr 20232,0852,52378.122.24$168,526
Mar 20232,5056,40972.852.39$197,827
Feb 20232,8707,20075.112.47$233,319
Jan 20232,9677,97976.533.39$254,095
Dec 20223,1117,84776.415.73$282,668
Nov 20223,1479,20785.005.65$319,480
Oct 20223,50610,28287.185.86$365,944
Sep 20223,2919,20884.888.16$354,511
Aug 20223,6728,91694.529.13$428,455
Jul 20222,7125,526101.587.54$317,162
Jun 20223,0259,511115.097.98$424,018
May 20223,41411,441109.378.43$469,872
Apr 20223,89211,633104.226.84$485,166
Mar 20224,00312,288108.885.08$498,225
Feb 20223,61712,48191.054.86$389,971
Jan 20224,15012,78681.844.54$397,655
Dec 20213,82813,41471.323.90$325,316
Nov 20214,1509,51777.435.24$371,174
Oct 20215,0328,99079.795.71$452,871
Sep 20214,9007,69069.865.35$383,463
Aug 20211,2191,55766.024.22$87,050
Jul 20214,3055,41470.783.98$326,267
Jun 20214,0164,54769.493.38$294,444
May 20214,6997,71763.483.02$321,580
Apr 20214,7228,39760.362.76$308,182
Mar 20215,1577,52261.302.72$336,561
Feb 20214,6237,39857.805.55$308,253
Jan 20215,8179,88350.412.81$321,009
Dec 20206,26110,61144.642.68$307,880
Nov 20206,5329,64938.772.71$279,361
Oct 20207,87612,54436.972.48$322,265
Sep 20207,5808,37337.091.99$297,813
Aug 20208,74514,64239.982.39$384,548
Jul 20209,20811,33138.371.83$373,991
Jun 20207,5548,77234.901.69$278,462
May 202010,2189,36916.921.81$189,891
Apr 20209,0216,90814.751.80$145,524
Mar 202010,4306,39530.341.86$328,317
Feb 20209,9967,95649.881.98$514,359
Jan 202035,82419,40457.252.09$2,091,570
Dec 201936,72820,30859.012.30$2,214,116
Nov 201915,33813,55855.302.75$885,485
Oct 201916,2728,50953.472.42$890,643

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                  952 bbl  × $106.41 =   $101,302
Casinghead gas     2,254 Mcf  × $  3.05 =     $6,865

────────────────────────────────────────────────────
Month total                                 $108,168

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/53580 is the state's own key, not one this site invented.