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Texas oil lease

Producing

NEAL LETHCO 29-2 D

Neal Lethco 29-2 D is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

33,932bbl oil, last 12 months−21% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-54267

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
97,098 mcf
Oil in Jul 2026
2,977 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 29-2 D, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 33,932 bbl in the 12 months through Jul 2026, against 43,037 bbl in the 12 months before.Last 12 months: 33,932 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 29-2 D, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 33,932 bbl in the 12 months through Jul 2026, against 43,037 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.4% of the gas in Apr 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 29-2 D gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.4% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 29-2 D gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.4% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 5.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 95,928 mcf

  • Lease fuel (1)

    1.0% · 981 mcf

  • Flared (4)

    0.2% · 189 mcf

0.2% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on NEAL LETHCO 29-2 D
API numberWell no.Status
42-371-401844WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Nov 23, 2020–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Nov 23, 2020–
Brazos Midstream Operating, LLCCasinghead gasGathers100Nov 23, 2020–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Nov 23, 2020Jan 1, 2023

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

Who buys my oilOil price check

1,552.61 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Neal Lethco 29-2 D
API numberWell no.Acreson the permit
42-371-401844WA1,552.61

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 29-2 D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,9772,9856,3566,22385$80.46$2.89
Jun 20262,7852,7976,1456,05343$84.81$3.15
May 20263,1783,1636,8486,7962$102.13$2.94
Apr 20262,4802,4717,5717,44659$100.32$2.77
Mar 20262,8152,8259,6009,5050$91.38$3.04
Feb 20262,3052,3099,1629,0710$64.51$3.62
Jan 20262,6752,68210,0159,9070$60.04$7.72
Dec 20252,7362,7199,9619,8540$57.97$4.26
Nov 20252,8452,8448,5838,4890$60.06$3.79
Oct 20253,1283,1868,5348,4310$60.89$3.19
Sep 20253,1533,1317,0066,9170$63.96$2.97
Aug 20252,8552,8407,3177,2360$64.86$2.91
Jul 20252,2842,2997,5597,4750$68.39$3.20
Jun 20253,3523,3489,2609,030130$68.17$3.02
May 20253,8513,83411,41211,3260$62.17$3.12
Apr 20253,7483,74813,39113,3130$63.54$3.42
Mar 20254,0474,02712,32612,2580$68.24$4.12
Feb 20253,5313,56710,58310,48239$71.53$4.19
Jan 20253,9493,91911,60011,5320$75.74$4.13
Dec 20244,3224,32912,24812,1730$70.12$3.01
Nov 20243,8063,8149,4379,3520$69.95$2.12
Oct 20244,0714,08011,49011,33813$71.99$2.20
Sep 20243,4743,4389,6619,5390$70.24$2.28
Aug 20242,6022,6398,1388,02217$76.68$1.99
Jul 20244,4664,44611,62411,5020$81.80$2.07
Jun 20244,0414,05310,76210,6533$79.77$2.54
May 20244,0344,05610,06710,0000$80.02$2.12
Apr 20244,2474,22712,42611,679674$85.35$1.60
Mar 20244,4264,40411,54211,45619$81.28$1.49
Feb 20243,8813,8999,4909,36727$77.25$1.72
Jan 20243,8793,85410,0339,95213$74.15$3.18
Dec 20233,7683,7668,8688,81117$71.90$2.52
Nov 20234,5744,62111,10311,05612$77.69$2.71
Oct 20234,4914,46011,17611,1760$85.64$2.98
Sep 20234,3654,37811,30311,20796$89.43$2.64
Aug 20234,9074,88914,85614,8560$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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