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Texas oil lease

Producing

NEAL LETHCO 38-13 B

Neal Lethco 38-13 B is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

10,578bbl oil, last 12 months−21% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-53140

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
167,055 mcf
Oil in Jul 2026
868 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 38-13 B, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 10,578 bbl in the 12 months through Jul 2026, against 13,346 bbl in the 12 months before.Last 12 months: 10,578 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 38-13 B, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 10,578 bbl in the 12 months through Jul 2026, against 13,346 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 11.9% of the gas in Jul 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 38-13 B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 11.9% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 11.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 38-13 B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 11.9% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 11.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 163,091 mcf

  • Flared (4)

    1.4% · 2,322 mcf

  • Lease fuel (1)

    1.0% · 1,642 mcf

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

1 well on this lease

Wells on NEAL LETHCO 38-13 B
API numberWell no.Status
42-371-400272WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Jun 2, 2019–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Jun 2, 2019–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jun 2, 2019–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Nov 23, 2020Jan 1, 2023
Pilot Travel Centers LLCOilGathers50Jun 2, 2019Nov 23, 2020

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

Who buys my oilOil price check

1,254.60 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 38-13 B
API numberWell no.Acreson the permit
42-371-400272WA1,254.60

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 38-13 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202686884817,93615,5772,142$80.46$2.89
Jun 202658257710,78310,6080$84.81$3.15
May 202684987915,82315,6130$102.13$2.94
Apr 202695899017,81417,6140$100.32$2.77
Mar 20261,1311,07420,26320,0430$91.38$3.04
Feb 20261,1951,18515,19215,0270$64.51$3.62
Jan 20266719359,1398,841180$60.04$7.72
Dec 202585758014,99514,8240$57.97$4.26
Nov 202580686310,17310,0500$60.06$3.79
Oct 202577090412,59712,5540$60.89$3.19
Sep 20258107187,8437,8430$63.96$2.97
Aug 20251,0811,02214,49714,4970$64.86$2.91
Jul 202593195713,29613,2960$68.39$3.20
Jun 20251,3411,38315,67515,43278$68.17$3.02
May 20251,1961,10314,80914,6030$62.17$3.12
Apr 202593294616,71316,5140$63.54$3.42
Mar 20251,1651,17317,90017,7220$68.24$4.12
Feb 20251,0591,04017,82817,426223$71.53$4.19
Jan 20251,0291,01117,41517,2390$75.74$4.13
Dec 20241,2121,23818,45218,2700$70.12$3.01
Nov 202479781414,81014,6520$69.95$2.12
Oct 20241,2481,23918,65118,4730$71.99$2.20
Sep 20241,2091,17619,55019,32847$70.24$2.28
Aug 20241,2271,27021,47220,956330$76.68$1.99
Jul 20241,7731,70524,59024,34739$81.80$2.07
Jun 20241131862,8012,7720$79.77$2.54
May 20241,1571,15022,18621,98326$80.02$2.12
Apr 20241,1331,11618,80518,6500$85.35$1.60
Mar 20241,1561,20316,77916,520113$81.28$1.49
Feb 20241,2291,25420,33820,1650$77.25$1.72
Jan 20241,1731,22819,96119,8580$74.15$3.18
Dec 20231,4321,29722,08322,0260$71.90$2.52
Nov 20231,3501,39021,86321,76739$77.69$2.71
Oct 20231,4711,42323,00923,0090$85.64$2.98
Sep 20231,3721,39523,18622,963223$89.43$2.64
Aug 20231,5021,48325,50025,370130$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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