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Texas oil lease

Producing

NEAL LETHCO 28-27

Neal Lethco 28-27 is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

3 wells

37,823bbl oil, last 12 months−21% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-45822

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
110,642 mcf
Oil in Jul 2026
3,542 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 28-27, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 37,823 bbl in the 12 months through Jul 2026, against 48,142 bbl in the 12 months before.Last 12 months: 37,823 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 28-27, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 37,823 bbl in the 12 months through Jul 2026, against 48,142 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

Flaring peaked at 8.9% of the gas in Mar 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 28-27 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.9% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 28-27 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.9% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Flared 8.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 102,054 mcf

  • Lease fuel (1)

    6.3% · 7,005 mcf

  • Flared (4)

    1.4% · 1,583 mcf

1.4% of the gas flared in the last 12 months. 2 months above 3%.

3 wells on this lease

Wells on NEAL LETHCO 28-27
API numberWell no.Status
42-371-392061HShut-in
42-371-395522WAActive
42-371-399983BSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Sep 1, 2018–
Eastex Crude Company, LLCOilGathers25Jan 1, 2023–
Explore Logistics LLCOilGathers25Dec 1, 2022–
Brazos Midstream Operating, LLCCasinghead gasBuys100Sep 1, 2018–
Brazos Midstream Operating, LLCCasinghead gasGathers100Sep 1, 2018–
Eastex Crude CompanyOilGathers25Dec 1, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers50May 1, 2020Dec 1, 2022
Pilot Travel Centers LLCOilGathers50Aug 29, 2019May 1, 2020
Shell Trading (Us) CompanyOilGathers50Sep 1, 2018Aug 29, 2019

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

Who buys my oilOil price check

969.70 acres on the newest permit

Check your decimal on this lease
Permits for Neal Lethco 28-27
API numberWell no.Acreson the permit
42-371-399983BS969.70
42-371-395522WA969.70
42-371-392061H969.70

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

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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 28-27
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,5423,3739,5558,8730$80.46$2.89
Jun 20263,5853,5858,0727,42157$84.81$3.15
May 20262,5132,5256,2965,66238$102.13$2.94
Apr 20263,2733,2748,2087,297238$100.32$2.77
Mar 20263,1583,0277,9866,622707$91.38$3.04
Feb 20261,6251,6885,4285,0050$64.51$3.62
Jan 20262,9693,4048,8118,2370$60.04$7.72
Dec 20253,0772,7859,6999,1470$57.97$4.26
Nov 20253,2483,40110,0428,959543$60.06$3.79
Oct 20253,6843,87411,73911,1750$60.89$3.19
Sep 20253,5203,36712,06411,5000$63.96$2.97
Aug 20253,6293,54312,74212,1560$64.86$2.91
Jul 20253,1613,10510,3879,8900$68.39$3.20
Jun 20254,1314,0546,2785,9680$68.17$3.02
May 20254,1884,1535,9065,5630$62.17$3.12
Apr 20254,3764,2845,1094,8090$63.54$3.42
Mar 20253,1873,2053,0942,8280$68.24$4.12
Feb 20251,6451,7401,8111,6667$71.53$4.19
Jan 20253,7463,9604,4774,25948$75.74$4.13
Dec 20244,1884,2054,7454,5810$70.12$3.01
Nov 20244,4264,4214,3904,3070$69.95$2.12
Oct 20244,5654,4324,3194,26158$71.99$2.20
Sep 20244,7654,9683,9343,91420$70.24$2.28
Aug 20245,7645,7779,1389,11523$76.68$1.99
Jul 20244,0703,8977,6497,55970$81.80$2.07
Jun 20242,3982,7185,2255,2250$79.77$2.54
May 20243,1283,1744,6664,6660$80.02$2.12
Apr 20243,4053,3275,9055,82778$85.35$1.60
Mar 20243,8273,7714,1784,11761$81.28$1.49
Feb 20243,1503,1504,1654,1440$77.25$1.72
Jan 20243,5403,6264,4254,3940$74.15$3.18
Dec 20233,5073,2814,9764,9460$71.90$2.52
Nov 20233,3783,5964,7404,7100$77.69$2.71
Oct 20233,8973,8245,6035,5730$85.64$2.98
Sep 20233,8533,7213,6703,6510$89.43$2.64
Aug 20234,0203,9376,5916,5500$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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