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STATE NEAL LETHCO E 20-19

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 55124District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$35.8 M
Apr 2020 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
74
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
OilDisposition502,671 bbl$32,804,100
Casinghead gasProduction778,027 Mcf$2,978,271
Total$35,782,371

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 31.0998, -102.9927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09983, -102.99269 · 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
10,328 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 10,328 ft.

Completions filed
Sep 2020
1 of 1 wells

1 well

42-371401775WA10,328 ftSep 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 (74)

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

74 months

May 20263,0206,958106.413.05$342,551
Apr 20262,6695,77698.932.87$280,620
Mar 20263,1035,51589.753.15$295,863
Feb 20262,7954,69363.503.75$195,083
Jan 20262,3896,14659.138.00$190,417
Dec 20252,3726,57056.664.41$163,393
Nov 20251,8974,50358.593.93$128,826
Oct 20253,2158,10759.383.30$217,699
Sep 20252,8397,39962.743.08$200,885
Aug 20253,2177,08163.933.01$227,010
Jul 20252,8816,81866.743.32$214,881
Jun 20252,8286,61766.483.13$208,708
May 20253,4777,37760.553.23$234,377
Apr 20253,1266,83162.363.54$219,140
Mar 20253,5497,60267.704.27$272,715
Feb 20253,2226,24270.884.34$255,471
Jan 20252,8934,65774.324.28$234,934
Dec 20243,0485,36768.993.12$227,034
Nov 20242,7895,28469.052.20$204,197
Oct 20242,9177,02571.372.28$224,213
Sep 20242,8725,69069.612.36$213,373
Aug 20243,2256,70975.632.06$257,752
Jul 20242,9156,11379.932.15$246,118
Jun 20243,2535,56478.082.63$268,650
May 20243,2685,70278.812.20$270,087
Apr 20243,4765,81184.451.66$303,190
Mar 20244,1356,35680.301.55$341,861
Feb 20244,0135,79476.091.78$315,684
Jan 20244,4798,27073.023.30$354,328
Dec 20233,5045,86771.262.61$265,012
Nov 20233,6086,61677.892.81$299,602
Oct 20233,7406,86085.443.09$340,724
Sep 20233,8077,64389.042.74$359,879
Aug 20234,0748,37580.522.67$350,424
Jul 20234,5728,74874.852.64$365,325
Jun 20234,5759,02768.962.26$335,879
May 20234,9549,30670.622.23$370,580
Apr 20234,5588,30478.122.24$374,653
Mar 20235,5489,05472.852.39$425,839
Feb 20232,9134,89075.112.47$230,853
Jan 20234,57910,18676.533.39$384,938
Dec 20225,21610,68376.415.73$459,758
Nov 20225,54111,73885.005.65$537,260
Oct 20225,68711,30087.185.86$562,053
Sep 20225,97411,05084.888.16$597,282
Aug 20224,7988,98394.529.13$535,496
Jul 20225,42010,175101.587.54$627,304
Jun 20226,29012,820115.097.98$826,184
May 20226,77514,506109.378.43$863,311
Apr 20226,96315,225104.226.84$829,786
Mar 20227,5447,639108.885.08$860,169
Feb 20227,3096,19291.054.86$695,570
Jan 20228,58113,04681.844.54$761,468
Dec 20219,26321,09771.323.90$742,897
Nov 202110,35519,34277.435.24$903,079
Oct 20217,17510,11979.795.71$630,312
Sep 20218,40013,54069.865.35$659,275
Aug 202110,08717,70866.024.22$740,682
Jul 202111,44120,00670.783.98$889,459
Jun 202111,49516,16669.493.38$853,439
May 202111,67416,06863.483.02$789,553
Apr 202114,36524,01460.362.76$933,312
Mar 202120,49231,17261.302.72$1,340,852
Feb 202118,72423,75757.805.55$1,214,050
Jan 202127,88031,69050.412.81$1,494,488
Dec 202031,86728,16144.642.68$1,497,887
Nov 202028,44023,75738.772.71$1,166,919
Oct 202046,25454,67436.972.48$1,845,516
Sep 202018,34715,94637.091.99$712,239
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$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                3,020 bbl  × $106.41 =   $321,358
Casinghead gas     6,958 Mcf  × $  3.05 =    $21,193

────────────────────────────────────────────────────
Month total                                 $342,551

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/55124 is the state's own key, not one this site invented.