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NEAL LETHCO 39-40-12 UNIT

Neal Lethco 39-40-12 Unit is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

3 wells

42,595bbl oil, last 12 months−33% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-53294

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
251,011 mcf
Oil in Jul 2026
2,944 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 39-40-12 UNIT, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 42,595 bbl in the 12 months through Jul 2026, against 63,682 bbl in the 12 months before.Last 12 months: 42,595 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for NEAL LETHCO 39-40-12 UNIT, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 42,595 bbl in the 12 months through Jul 2026, against 63,682 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kJan 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

  • 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 39-40-12 UNIT 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of NEAL LETHCO 39-40-12 UNIT 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 247,607 mcf

  • Lease fuel (1)

    1.2% · 3,099 mcf

  • Flared (4)

    0.1% · 305 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

3 wells on this lease

Wells on NEAL LETHCO 39-40-12 UNIT
API numberWell no.Status
42-371-399141WAActive
42-371-399152BSActive
42-371-400871BSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Jul 9, 2019–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Jul 9, 2019–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jul 9, 2019–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Oct 21, 2020Jan 1, 2023
Pilot Travel Centers LLCOilGathers50Jul 9, 2019Oct 21, 2020

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

Who buys my oilOil price check

639.20 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 639.2 and 1,043.66 acres. Use the acres from your own division order for the well you are paid on.

  • 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 39-40-12 Unit
API numberWell no.Acreson the permit
42-371-400871BS639.20
42-371-399141WA723.31
42-371-399152BS1,043.66

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 39-40-12 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,9442,84217,31816,98913$80.46$2.89
Jun 20262,9953,12019,55419,24377$84.81$3.15
May 20263,1513,00318,02217,537131$102.13$2.94
Apr 20262,1732,18116,42616,2330$100.32$2.77
Mar 20262,6712,71520,31820,00569$91.38$3.04
Feb 20263,3913,54521,58321,3390$64.51$3.62
Jan 20264,5464,72324,49224,2170$60.04$7.72
Dec 20254,0263,70722,47622,18715$57.97$4.26
Nov 20253,9514,02522,23321,9840$60.06$3.79
Oct 20253,2413,28616,81216,6160$60.89$3.19
Sep 20254,4244,56724,06023,8170$63.96$2.97
Aug 20255,0825,06827,71727,4400$64.86$2.91
Jul 20254,7214,57522,30721,9700$68.39$3.20
Jun 20254,7424,88925,37724,312528$68.17$3.02
May 20254,6944,59129,16928,5070$62.17$3.12
Apr 20254,8374,78228,63028,1670$63.54$3.42
Mar 20255,2315,21531,43331,1190$68.24$4.12
Feb 20254,8064,78629,70429,140283$71.53$4.19
Jan 20255,1545,17032,42932,1170$75.74$4.13
Dec 20245,5585,61831,53231,2320$70.12$3.01
Nov 20245,8145,80933,46133,1550$69.95$2.12
Oct 20245,8895,95433,92533,6110$71.99$2.20
Sep 20246,1685,95232,59532,1520$70.24$2.28
Aug 20246,0686,23237,10336,3750$76.68$1.99
Jul 20246,0416,03642,06141,20775$81.80$2.07
Jun 20246,0386,08845,44644,7640$79.77$2.54
May 20246,4986,41842,78642,266186$80.02$2.12
Apr 20246,6586,60243,61142,486800$85.35$1.60
Mar 20246,5726,67245,75545,230170$81.28$1.49
Feb 20249,0838,92348,87448,087394$77.25$1.72
Jan 20248,8618,85249,25748,95314$74.15$3.18
Dec 20239,7569,78758,85058,393275$71.90$2.52
Nov 20239,1689,51755,84855,444241$77.69$2.71
Oct 20238,9238,70753,34653,107239$85.64$2.98
Sep 202310,18010,04554,92254,070852$89.43$2.64
Aug 20239,5099,52244,65544,507148$81.39$2.58

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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