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NEAL LETHCO 29-2 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 53585District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$32.4 M
Nov 2019 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
79
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
OilDisposition494,645 bbl$28,414,810
Casinghead gasProduction1,068,943 Mcf$3,950,241
Total$32,365,051

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 31.0952, -102.9934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09524, -102.99337 · 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
10,255 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 10,255 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-371400643WA10,255 ftNov 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 (79)

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

79 months

May 20263,3907,545106.413.05$383,711
Apr 20262,9116,66798.932.87$307,118
Mar 20263,1717,68889.753.15$308,810
Feb 20262,5207,84763.503.75$189,449
Jan 20262,4799,62959.138.00$223,595
Dec 20252,6479,73056.664.41$192,921
Nov 20252,8717,53358.593.93$197,790
Oct 20252,5506,72559.383.30$173,644
Sep 20252,2336,24662.743.08$159,317
Aug 20252,6827,03263.933.01$192,660
Jul 20252,6506,07366.743.32$196,994
Jun 20252,8615,36666.483.13$206,988
May 20253,2395,81460.553.23$214,914
Apr 20253,2005,77662.363.54$220,017
Mar 20253,3907,55467.704.27$261,746
Feb 20253,1306,69970.884.34$250,934
Jan 20253,4907,27474.324.28$290,500
Dec 20243,3067,42068.993.12$251,242
Nov 20243,8677,66369.052.20$283,863
Oct 20245,2537,74571.372.28$392,576
Sep 20242,6343,78669.612.36$192,304
Aug 20242,5235,63475.632.06$202,441
Jul 20243,4186,95979.932.15$288,139
Jun 20243,5726,33478.082.63$295,585
May 20243,5197,27778.812.20$293,330
Apr 20243,7558,14684.451.66$330,626
Mar 20243,9316,66280.301.55$325,953
Feb 20243,6655,90776.091.78$289,406
Jan 20244,4289,64773.023.30$355,145
Dec 20234,15610,37171.262.61$323,232
Nov 20233,4949,70277.892.81$299,387
Oct 20234,06411,81685.443.09$383,707
Sep 20234,16012,21589.042.74$403,815
Aug 20234,25913,19180.522.67$378,193
Jul 20234,63616,36774.852.64$390,243
Jun 20234,91614,07668.962.26$370,798
May 20235,24912,97770.622.23$399,589
Apr 20233,17910,19578.122.24$271,157
Mar 20233,39610,97672.852.39$273,666
Feb 20231,0213,30575.112.47$84,836
Jan 20232,7419,62176.533.39$242,362
Dec 20223,39910,87976.415.73$322,044
Nov 20221,52712,84685.005.65$202,326
Oct 20222,47313,90887.185.86$297,149
Sep 20221,90014,51584.888.16$279,768
Aug 20222,17015,60794.529.13$347,556
Jul 20222,70014,726101.587.54$385,331
Jun 20222,33212,468115.097.98$367,850
May 20222,85217,763109.378.43$461,719
Apr 20222,63216,915104.226.84$389,965
Mar 20222,25218,374108.885.08$338,472
Feb 20223,01116,90191.054.86$356,271
Jan 20223,80717,85581.844.54$392,585
Dec 20213,54420,85571.323.90$334,074
Nov 20213,53020,09777.435.24$378,573
Oct 20214,20222,50679.795.71$463,874
Sep 20214,16223,44769.865.35$416,220
Aug 20214,38123,93266.024.22$390,241
Jul 20214,47224,44070.783.98$413,850
Jun 20214,82524,07269.493.38$416,668
May 20215,93026,31363.483.02$455,840
Apr 20217,13526,70260.362.76$504,324
Mar 202110,28425,62661.302.72$700,034
Feb 20218,54521,83057.805.55$615,013
Jan 202110,99629,02950.412.81$635,888
Dec 202014,05730,39344.642.68$708,820
Nov 202017,59523,31338.772.71$745,256
Oct 202018,04114,14536.972.48$702,033
Sep 202010,63311,55137.091.99$417,376
Aug 20202,4523,60739.982.39$106,634
Jul 202082499338.371.83$33,429
Jun 202015,88118,02334.901.69$584,711
May 202020,48022,12016.921.81$386,664
Apr 202017,90818,89814.751.80$298,242
Mar 202020,97617,99630.341.86$669,817
Feb 202026,82623,12549.881.98$1,383,884
Jan 202025,14023,75757.252.09$1,489,030
Dec 201930,70226,28659.012.30$1,872,297
Nov 201931,51323,94055.302.75$1,808,521

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                3,390 bbl  × $106.41 =   $360,730
Casinghead gas     7,545 Mcf  × $  3.05 =    $22,981

────────────────────────────────────────────────────
Month total                                 $383,711

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/53585 is the state's own key, not one this site invented.