MineralRecord
Log inSign up

STATE NEAL LETHCO 7-8 H

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 55134District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$37.5 M
Apr 2020 – May 2026
Value, last 12 filed months
$3.0 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
OilDisposition492,599 bbl$34,340,882
Casinghead gasProduction842,850 Mcf$3,138,890
Total$37,479,772

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 31.0679, -102.9599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.06795, -102.95989 · 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
8,791 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 8,791 ft.

Completions filed
Aug 2020
1 of 1 wells

1 well

42-371401188BS8,791 ftAug 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 20263,0125,989106.413.05$338,748
Apr 20263,2615,51498.932.87$338,434
Mar 20263,3125,95989.753.15$316,020
Feb 20262,8954,76663.503.75$201,707
Jan 20263,2245,15659.138.00$231,872
Dec 20253,2645,64956.664.41$209,869
Nov 20253,2195,68258.593.93$210,911
Oct 20253,3316,07959.383.30$217,885
Sep 20253,3665,96462.743.08$229,534
Aug 20253,4955,91263.933.01$241,259
Jul 20253,2095,97066.743.32$233,960
Jun 20252,8094,99266.483.13$202,361
May 20253,1385,62860.553.23$208,197
Apr 20252,8715,59462.363.54$198,856
Mar 20253,3025,93367.704.27$248,869
Feb 20253,1385,09670.884.34$244,542
Jan 20253,6526,04774.324.28$297,290
Dec 20243,9325,62668.993.12$288,830
Nov 20244,6046,36569.052.20$331,899
Oct 20244,8758,92171.372.28$368,281
Sep 20244,1808,83369.612.36$311,854
Aug 20245,31614,55675.632.06$432,087
Jul 20245,77713,89779.932.15$491,587
Jun 20245,58513,85178.082.63$472,560
May 20245,52414,78278.812.20$467,844
Apr 20245,46513,34384.451.66$483,658
Mar 20245,91513,74680.301.55$496,214
Feb 20245,25312,95176.091.78$422,801
Jan 20245,53113,79273.023.30$449,355
Dec 20235,98014,73671.262.61$464,606
Nov 20236,26014,26877.892.81$527,650
Oct 20236,29813,76785.443.09$580,604
Sep 20236,24213,44289.042.74$592,552
Aug 20233,9309,32180.522.67$341,358
Jul 20234,63312,11474.852.64$378,783
Jun 20235,99316,69168.962.26$450,974
May 20236,26517,05870.622.23$480,429
Apr 20236,30817,53078.122.24$532,009
Mar 20236,92417,95072.852.39$547,371
Feb 20235,15412,62975.112.47$418,256
Jan 20235,75617,33176.533.39$499,219
Dec 20226,71019,71076.415.73$625,631
Nov 20227,16620,29985.005.65$723,722
Oct 20226,78920,12487.185.86$709,867
Sep 20227,42919,59484.888.16$790,533
Aug 20228,39211,84494.529.13$901,314
Jul 20225,9215,329101.587.54$641,647
Jun 20225,4688,101115.097.98$693,935
May 20227,13612,343109.378.43$884,553
Apr 20226,9619,393104.226.84$789,701
Mar 20228,25511,146108.885.08$955,386
Feb 20226,0928,47091.054.86$595,831
Jan 20227,73211,64581.844.54$685,628
Dec 20219,76015,71871.323.90$757,370
Nov 20217,6957,31377.435.24$634,121
Oct 20217,2258,31579.795.71$623,994
Sep 20219,24218,59869.865.35$745,163
Aug 202110,39923,86166.024.22$787,249
Jul 202111,43827,53970.783.98$919,244
Jun 202112,14527,59069.493.38$937,227
May 202115,16329,07363.483.02$1,050,280
Apr 202114,89819,36860.362.76$952,668
Mar 202116,40314,81861.302.72$1,045,764
Feb 202116,7349,78957.805.55$1,021,534
Jan 202117,2339,75750.412.81$896,135
Dec 202023,51717,52744.642.68$1,096,692
Nov 202022,54017,82538.772.71$922,120
Oct 202017,57412,48536.972.48$680,654
Sep 20209,79811,10637.091.99$385,520
Aug 202058674039.982.39$25,193
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                3,012 bbl  × $106.41 =   $320,507
Casinghead gas     5,989 Mcf  × $  3.05 =    $18,242

────────────────────────────────────────────────────
Month total                                 $338,748

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/55134 is the state's own key, not one this site invented.