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NEAL LETHCO 17-18 E

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 55856District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$24.4 M
Apr 2020 – May 2026
Value, last 12 filed months
$2.0 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
OilDisposition321,173 bbl$22,244,107
Casinghead gasProduction622,384 Mcf$2,165,248
Total$24,409,355

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 31.0841, -102.9927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08410, -102.99268 · 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
10,242 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 10,242 ft.

Completions filed
Nov 2020
1 of 1 wells

1 well

42-371402365WA10,242 ftNov 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 20262,1934,490106.413.05$247,033
Apr 20262,2694,27098.932.87$236,726
Mar 20262,3184,09189.753.15$220,925
Feb 20262,2723,45663.503.75$157,233
Jan 20262,3483,46859.138.00$166,574
Dec 20252,3223,42656.664.41$146,685
Nov 20252,1223,55958.593.93$138,302
Oct 20252,0434,16259.383.30$135,068
Sep 20251,9604,02062.743.08$135,340
Aug 20252,0264,11363.933.01$141,922
Jul 20252,4684,26166.743.32$178,840
Jun 20251,5453,02966.483.13$112,188
May 20252,4153,69260.553.23$158,162
Apr 20252,2815,57062.363.54$161,978
Mar 20252,2209,13767.704.27$189,294
Feb 20252,1266,95970.884.34$180,899
Jan 20252,8187,60874.324.28$241,986
Dec 20242,6026,79768.993.12$200,728
Nov 20242,7545,35569.052.20$201,936
Oct 20242,6456,02571.372.28$202,519
Sep 20242,6326,59369.612.36$198,802
Aug 20242,9607,48975.632.06$239,319
Jul 20243,0948,35579.932.15$265,238
Jun 20243,1069,21778.082.63$266,794
May 20243,53410,90378.812.20$302,484
Apr 20243,8119,86684.451.66$338,209
Mar 20243,4069,79280.301.55$288,632
Feb 20243,1848,74776.091.78$257,872
Jan 20243,62310,16173.023.30$298,059
Dec 20233,35410,91471.262.61$267,499
Nov 20233,57310,17277.892.81$306,859
Oct 20233,23011,81285.443.09$312,438
Sep 20233,53011,85889.042.74$346,743
Aug 20233,93710,83380.522.67$345,963
Jul 20234,54211,98774.852.64$371,636
Jun 20234,47615,61368.962.26$343,927
May 20235,49117,31870.622.23$426,349
Apr 20237,11711,26378.122.24$581,184
Mar 20237,7307,20772.852.39$580,378
Feb 20238,3059,05075.112.47$646,103
Jan 20234551,20976.533.39$38,917
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202213094.529.13$1,229
Jul 20226611,413101.587.54$77,801
Jun 20224,49910,741115.097.98$603,473
May 20224,97213,387109.378.43$656,681
Apr 20225,11011,929104.226.84$614,130
Mar 20225,7709,290108.885.08$675,397
Feb 20225,3777,95191.054.86$528,208
Jan 20226,5817,60381.844.54$573,089
Dec 20215,94611,55671.323.90$469,127
Nov 20216,6347,80577.435.24$554,544
Oct 20218,4688,85279.795.71$726,241
Sep 20216,0509,08269.865.35$471,250
Aug 20212,90015,53166.024.22$257,008
Jul 20216,11025,14270.783.98$532,583
Jun 20217,35325,63569.493.38$597,622
May 202112,11229,73063.483.02$858,585
Apr 202115,11723,23560.362.76$976,554
Mar 202117,10020,87061.302.72$1,104,933
Feb 202113,20015,54257.805.55$849,186
Jan 202120,34321,93950.412.81$1,087,145
Dec 202020,44320,46344.642.68$967,323
Nov 202015,57716,84138.772.71$649,502
Oct 20200036.972.48$0
Sep 20200037.091.99$0
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                2,193 bbl  × $106.41 =   $233,357
Casinghead gas     4,490 Mcf  × $  3.05 =    $13,676

────────────────────────────────────────────────────
Month total                                 $247,033

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/55856 is the state's own key, not one this site invented.