STATE NEAL LETHCO SR 24-115 A

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 55532District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.2 M
Jul 2020 – May 2026
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
71
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition78,655 bbl$5,775,095
Casinghead gasProduction143,155 Mcf$440,199
Total$6,215,294

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 31.0702, -103.0661. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07017, -103.06613 · 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
8,732 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 8,732 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-371402561BS8,732 ftApr 2021

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 (71)

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

71 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20252059.383.30$119
Sep 20257741062.743.08$6,093
Aug 202516381263.933.01$12,869
Jul 20257672,13366.743.32$58,261
Jun 20256981,62266.483.13$51,478
May 202547652560.553.23$30,519
Apr 202563486662.363.54$42,605
Mar 20258691,14467.704.27$63,714
Feb 20258081,02770.884.34$61,729
Jan 20251,0121,08074.324.28$79,833
Dec 202493396868.993.12$67,389
Nov 20241,2223,44869.052.20$91,959
Oct 20241,3063,54171.372.28$101,288
Sep 20241,5784,15869.612.36$119,676
Aug 20241,4444,99375.632.06$119,513
Jul 20241,7423,81879.932.15$147,434
Jun 20241,6713,43778.082.63$139,525
May 20241,01592478.812.20$82,024
Apr 20241,1012,39384.451.66$96,950
Mar 20241,7474,98880.301.55$147,991
Feb 20241,7375,03076.091.78$141,140
Jan 20241,9315,82973.023.30$160,224
Dec 20232,0406,18671.262.61$161,520
Nov 20232,3326,08277.892.81$198,715
Oct 20232,8317,86285.443.09$266,153
Sep 20234,2286,79489.042.74$395,043
Aug 20235,5126,33480.522.67$460,756
Jul 20236,1486,11774.852.64$476,338
Jun 20235,1635,16668.962.26$367,708
May 20234411,10770.622.23$33,609
Apr 20233968978.122.24$4,589
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202224585.005.65$424
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022526,026108.885.08$36,252
Feb 20222411,52191.054.86$29,333
Jan 2022641,24481.844.54$10,883
Dec 20214271,23071.323.90$35,250
Nov 20211,5492,81777.435.24$134,691
Oct 20212,2823,59079.795.71$202,594
Sep 20212,8333,67869.865.35$217,594
Aug 20213,0292,81066.024.22$211,834
Jul 20213,0523,67170.783.98$230,639
Jun 20214,2865,90669.493.38$317,800
May 20214,7877,82363.483.02$327,486
Apr 20214,3823,31160.362.76$273,631
Mar 20212061.302.72$123
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$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.

Oct 2025 — as filed, then multipliedworked
Oil                    2 bbl  × $ 59.38 =       $119
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $119

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/55532 is the state's own key, not one this site invented.