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Texas oil lease

Producing

STATE NEAL LETHCO 7-8 H

State Neal Lethco 7-8 H is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

38,633bbl oil, last 12 months−14% vs prior year
RRC lease
08-55134

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
68,106 mcf
Oil in Jul 2026
3,166 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for STATE NEAL LETHCO 7-8 H, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 38,633 bbl in the 12 months through Jul 2026, against 45,017 bbl in the 12 months before.Last 12 months: 38,633 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for STATE NEAL LETHCO 7-8 H, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 38,633 bbl in the 12 months through Jul 2026, against 45,017 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

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

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of STATE NEAL LETHCO 7-8 H 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of STATE NEAL LETHCO 7-8 H 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 67,083 mcf

  • Lease fuel (1)

    1.3% · 901 mcf

  • Flared (4)

    0.2% · 122 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on STATE NEAL LETHCO 7-8 H
API numberWell no.Status
42-371-401188BSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Aug 27, 2020–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Aug 27, 2020–
Brazos Midstream Operating, LLCCasinghead gasGathers100Aug 27, 2020–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Aug 27, 2020Jan 1, 2023

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

1,261.51 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 State Neal Lethco 7-8 H
API numberWell no.Acreson the permit
42-371-401188BS1,261.51

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

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 STATE NEAL LETHCO 7-8 H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,1663,2255,7685,6404$80.46$2.89
Jun 20263,0133,0265,6685,5462$84.81$3.15
May 20263,1103,0125,9895,8690$102.13$2.94
Apr 20263,1983,2615,5145,4540$100.32$2.77
Mar 20263,3483,3125,9595,88110$91.38$3.04
Feb 20262,9162,8954,7664,7080$64.51$3.62
Jan 20263,2203,2245,1565,04159$60.04$7.72
Dec 20253,2543,2645,6495,54247$57.97$4.26
Nov 20253,1613,2195,6825,6250$60.06$3.79
Oct 20253,3463,3316,0796,0170$60.89$3.19
Sep 20253,4313,3665,9645,9060$63.96$2.97
Aug 20253,4703,4955,9125,8540$64.86$2.91
Jul 20253,2703,2095,9705,9050$68.39$3.20
Jun 20252,7962,8094,9924,91120$68.17$3.02
May 20253,1093,1385,6285,5650$62.17$3.12
Apr 20252,8742,8715,5945,5340$63.54$3.42
Mar 20253,2823,3025,9335,8700$68.24$4.12
Feb 20253,1313,1385,0965,04727$71.53$4.19
Jan 20253,6473,6526,0476,0470$75.74$4.13
Dec 20243,9363,9325,6265,6260$70.12$3.01
Nov 20244,5964,6046,3656,3650$69.95$2.12
Oct 20244,8584,8758,9218,9210$71.99$2.20
Sep 20244,1974,1808,8338,8330$70.24$2.28
Aug 20245,3215,31614,55614,50650$76.68$1.99
Jul 20245,7845,77713,89713,689208$81.80$2.07
Jun 20245,4905,58513,85113,8510$79.77$2.54
May 20245,5145,52414,78214,70969$80.02$2.12
Apr 20245,4345,46513,34313,223120$85.35$1.60
Mar 20245,9835,91513,74613,596150$81.28$1.49
Feb 20245,2725,25312,95112,830121$77.25$1.72
Jan 20245,5395,53113,79213,7670$74.15$3.18
Dec 20235,9335,98014,73614,7050$71.90$2.52
Nov 20236,1546,26014,26814,2352$77.69$2.71
Oct 20236,3666,29813,76713,7360$85.64$2.98
Sep 20236,2746,24213,44213,37534$89.43$2.64
Aug 20234,0043,9309,3219,2990$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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