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Texas oil lease

Producing

NEAL LETHCO 18

Neal Lethco 18 is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

15,927bbl oil, last 12 months−11% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-48598

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
17,938 mcf
Oil in Jul 2026
1,635 bbl

Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 18, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 15,927 bbl in the 12 months through Jul 2026, against 17,898 bbl in the 12 months before.Last 12 months: 15,927 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 18, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 15,927 bbl in the 12 months through Jul 2026, against 17,898 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 6.5% of the gas in Jul 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuelShare of NEAL LETHCO 18 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 6.5% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: fuel to lineFlared 6.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuelShare of NEAL LETHCO 18 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 6.5% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Apr 26: fuel to lineFlared 6.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    85% · 15,190 mcf

  • Lease fuel (1)

    15% · 2,748 mcf

1 well on this lease

Wells on NEAL LETHCO 18
API numberWell no.Status
42-371-392861HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Nov 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasBuys100Sep 1, 2018–
Brazos Midstream Operating, LLCCasinghead gasGathers100Sep 1, 2018–
Diamondback E&P LLCOilGathers50Sep 1, 2018Nov 1, 2025
Eastex Crude CompanyOilGathers25Feb 1, 2023Nov 1, 2025
Explore Logistics LLCOilGathers25Feb 1, 2023Nov 1, 2025
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers25Dec 1, 2022Jan 1, 2023
Explore Logistics LLCOilGathers25Dec 1, 2022Jan 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

641.31 acres on the newest permit

Check your decimal on this lease
Permits for Neal Lethco 18
API numberWell no.Acreson the permit
42-371-392861H641.31

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for NEAL LETHCO 18
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6351,6092,3052,0060$80.46$2.89
Jun 20261,4801,2682,2371,9480$84.81$3.15
May 20261,9432,0391,9801,6810$102.13$2.94
Apr 20261,9821,9788535640$100.32$2.77
Mar 2026257087190$91.38$3.04
Feb 20264667337816850$64.51$3.62
Jan 20261,9481,9882,3112,0120$60.04$7.72
Dec 20257657417716450$57.97$4.26
Nov 20251,8861,6582,2902,0010$60.06$3.79
Oct 20251,5071,6831,3531,0640$60.89$3.19
Sep 20253455555954890$63.96$2.97
Aug 20251,7131,4602,3752,0760$64.86$2.91
Jul 20251,1411,2891,2411,2410$68.39$3.20
Jun 20251,4011,0782,1611,8810$68.17$3.02
May 20251,7312,1892,3512,0520$62.17$3.12
Apr 20252,0511,9852,0391,7500$63.54$3.42
Mar 20257859014723470$68.24$4.12
Feb 202577254994372515$71.53$4.19
Jan 20251,9372,0572,3402,0410$75.74$4.13
Dec 20241,1491,2211,0568240$70.12$3.01
Nov 20241,4991,6691,7551,4660$69.95$2.12
Oct 20241,7121,2791,8101,5110$71.99$2.20
Sep 20241,6831,9741,4641,1890$70.24$2.28
Aug 20242,0371,8421,4901,2270$76.68$1.99
Jul 202483072253836835$81.80$2.07
Jun 20248341,1007205640$79.77$2.54
May 20241,3991,4791,2631,2150$80.02$2.12
Apr 20241,4771,2861,2371,2370$85.35$1.60
Mar 20241,5201,4801,1691,1690$81.28$1.49
Feb 20241,5721,6821,0821,0820$77.25$1.72
Jan 20241,4841,2831,1411,1410$74.15$3.18
Dec 20231,5741,6851,0611,0610$71.90$2.52
Nov 20231,4561,2899819810$77.69$2.71
Oct 20231,5522,2441,1211,1210$85.64$2.98
Sep 20231,7861,3541,2901,2900$89.43$2.64
Aug 20231,0698363773770$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldHoefs T-K (Wolfcamp)CountyPecos County

Diamondback E&P LLC in Pecos County

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Hoefs T-K (Wolfcamp) field

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