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Texas oil lease

Producing

NEAL LETHCO 31

Neal Lethco 31 is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

7,283bbl oil, last 12 months+11% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-46626

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
24,252 mcf
Oil in Jul 2026
550 bbl

Production by month

Oil output rose 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 11% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 31, Aug 2023 to Jul 2026. Oil output rose 11% over the last 12 months. 7,283 bbl in the 12 months through Jul 2026, against 6,536 bbl in the 12 months before.Last 12 months: 7,283 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 11% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 31, Aug 2023 to Jul 2026. Oil output rose 11% over the last 12 months. 7,283 bbl in the 12 months through Jul 2026, against 6,536 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

85% of the gas went to a transmission line in the last 12 months

Flaring peaked at 10.5% of the gas in Jul 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 31 gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 10.5% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 31 gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 10.5% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 10.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    85% · 20,610 mcf

  • Lease fuel (1)

    14% · 3,399 mcf

  • Flared (4)

    1.0% · 243 mcf

1.0% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on NEAL LETHCO 31
API numberWell no.Status
42-371-392941HActive

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

679.95 acres on the newest permit

Check your decimal on this lease
Permits for Neal Lethco 31
API numberWell no.Acreson the permit
42-371-392941H679.95

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 31
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265506672,3081,755243$80.46$2.89
Jun 20266509082,5322,2320$84.81$3.15
May 20269185462,4092,0990$102.13$2.94
Apr 2026750155890$100.32$2.77
Mar 20266697293,0102,7170$91.38$3.04
Feb 20266085682,1061,8260$64.51$3.62
Jan 20266357442,0621,7520$60.04$7.72
Dec 20256035531,7901,4800$57.97$4.26
Nov 20255946841,9821,6820$60.06$3.79
Oct 20257365472,2431,9330$60.89$3.19
Sep 20256277421,8011,5010$63.96$2.97
Aug 20256185651,8541,5440$64.86$2.91
Jul 20257037512,0561,7460$68.39$3.20
Jun 20256685471,8171,5170$68.17$3.02
May 20254703731,1618510$62.17$3.12
Apr 20256637351,7101,5300$63.54$3.42
Mar 20254355555995990$68.24$4.12
Feb 20253431883443440$71.53$4.19
Jan 20253543905785780$75.74$4.13
Dec 20245287451,6471,6470$70.12$3.01
Nov 20245895591,7651,7650$69.95$2.12
Oct 20244845621,5501,52030$71.99$2.20
Sep 20246215762,3142,0140$70.24$2.28
Aug 20246787172,6132,3030$76.68$1.99
Jul 20246285462,4862,1930$81.80$2.07
Jun 20246345542,6352,33550$79.77$2.54
May 20245947292,8222,8220$80.02$2.12
Apr 20246657602,8672,8670$85.35$1.60
Mar 20246927292,9482,9480$81.28$1.49
Feb 20246755862,9182,88830$77.25$1.72
Jan 20248121,1114,3864,3860$74.15$3.18
Dec 20238547544,5444,5440$71.90$2.52
Nov 20238509334,0664,0660$77.69$2.71
Oct 20238745573,9493,93415$85.64$2.98
Sep 20234925092,6642,59470$89.43$2.64
Aug 20238478497,6547,6540$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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