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Producing

STATE NEAL LETHCO 'A' 3427-142

State Neal Lethco 'A' 3427-142 is an oil lease in Pecos County, Texas, operated by Swordfish Energy Operating, LLC in the Phantom (Wolfcamp) field.

2 wells

22,734bbl oil, last 12 months−12% vs prior year
RRC lease
08-48837

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
87,621 mcf
Oil in Jul 2026
2,120 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Swordfish Energy Operating, LLC took over from Pecos River Exploration, LLC in Jul 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Nov 26, 2025 (last P-5 filed Dec 13, 2024).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for STATE NEAL LETHCO 'A' 3427-142, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 22,734 bbl in the 12 months through Jul 2026, against 25,773 bbl in the 12 months before.Last 12 months: 22,734 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for STATE NEAL LETHCO 'A' 3427-142, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 22,734 bbl in the 12 months through Jul 2026, against 25,773 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

Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 11.0% of the gas in Jul 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuelShare of STATE NEAL LETHCO 'A' 3427-142 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 11.0% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: fuel to plantFlared 11.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuelShare of STATE NEAL LETHCO 'A' 3427-142 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 11.0% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Nov 24: fuel to plantFlared 11.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 83,259 mcf

  • Lease fuel (1)

    3.1% · 2,719 mcf

  • Flared (4)

    1.9% · 1,643 mcf

1.9% of the gas flared in the last 12 months. 8 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jul 2025

Operators of this lease over timeJagged Peak Energy LLC, Jan 2020 to Feb 2020; Parsley Energy Operations, LLC, Mar 2020 to Sep 2020; Pecos River Exploration, LLC, Oct 2020 to Jun 2025; Swordfish Energy Operating, LLC, Jul 2025 to Jul 20262020202120222023202420252026Changed Mar 2020Changed Oct 2020Changed Jul 2025Jagged Peak Energy LLCJan 2020 to Feb 2020Parsley Energy Operations, LLCMar 2020 to Sep 2020Pecos River Exploration, LLCOct 2020 to Jun 2025Swordfish Energy Operating, L…Jul 2025 to now
Operators of this lease over timeJagged Peak Energy LLC, Jan 2020 to Feb 2020; Parsley Energy Operations, LLC, Mar 2020 to Sep 2020; Pecos River Exploration, LLC, Oct 2020 to Jun 2025; Swordfish Energy Operating, LLC, Jul 2025 to Jul 20262020202120222023202420252026Changed Mar 2020Changed Oct 2020Changed Jul 2025Jagged Peak Energy LLCJan 2020 to Feb 2020Parsley Energy Operations, LLCMar 2020 to Sep 2020Pecos River Exploration, LLCOct 2020 to Jun 2025Swordfish Energy Operating, LLCJul 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on STATE NEAL LETHCO 'A' 3427-142
API numberWell no.Status
42-371-393971HActive
42-371-395202HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Oct 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Nov 1, 2017–
Brazos Midstream Operating, LLCCasinghead gasGathers100Nov 1, 2017–
Oasis Transp & Marketing Corp.OilGathers25Aug 15, 2023Oct 1, 2023
Transoil Marketing, LLCOilGathers75Aug 15, 2023Oct 1, 2023
Oryx Delaware Oil Transport LLCOilGathers100Oct 1, 2020Aug 15, 2023
Oryx So. Delaware Ogt LLCOilGathers100Feb 8, 2018Oct 1, 2020

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

480 acres on the newest permit

Permits for State Neal Lethco 'A' 3427-142
API numberWell no.Acreson the permit
42-371-395202H480
42-371-393971H480

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

Estimate your royalty

36 months, newest first

Ledger for STATE NEAL LETHCO 'A' 3427-142
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Swordfish Energy2,1202,0415,6505,56981$80.46$2.89
Jun 2026Swordfish Energy1,2691,3123,7263,67749$84.81$3.15
May 2026Swordfish Energy9769952,6502,6473$102.13$2.94
Apr 2026Swordfish Energy3,6781,4216,2016,2001$100.32$2.77
Mar 2026Swordfish Energy1,9571,9788,7398,69643$91.38$3.04
Feb 2026Swordfish Energy1,3101,4287,8217,78140$64.51$3.62
Jan 2026Swordfish Energy1,7821,7168,7578,51827$60.04$7.72
Dec 2025Swordfish Energy2,0742,0938,7128,5490$57.97$4.26
Nov 2025Swordfish Energy1,8351,7047,5897,5863$60.06$3.79
Oct 2025Swordfish Energy1,9882,0238,4537,362759$60.89$3.19
Sep 2025Swordfish Energy1,7171,7128,6016,723605$63.96$2.97
Aug 2025Swordfish Energy2,0282,05510,7229,95132$64.86$2.91
Jul 2025Swordfish Energy0012,04511,7171$68.39$3.20
Jun 2025Pecos River2,0492,04211,13410,6193$68.17$3.02
May 2025Pecos River2,2542,24311,67710,20281$62.17$3.12
Apr 2025Pecos River2,2552,25810,90310,86412$63.54$3.42
Mar 2025Pecos River2,2832,33512,24312,1644$68.24$4.12
Feb 2025Pecos River2,1442,14910,42210,4220$71.53$4.19
Jan 2025Pecos River2,5212,46812,47112,45120$75.74$4.13
Dec 2024Pecos River2,3602,38712,58612,5120$70.12$3.01
Nov 2024Pecos River2,4312,40613,76713,212275$69.95$2.12
Oct 2024Pecos River2,5632,55222,45602,109$71.99$2.20
Sep 2024Pecos River2,3222,37315,29712,9831,451$70.24$2.28
Aug 2024Pecos River2,5912,69315,14913,874962$76.68$1.99
Jul 2024Pecos River3,4143,30420,68116,7322,268$81.80$2.07
Jun 2024Pecos River2,9632,95112,49110,173741$79.77$2.54
May 2024Pecos River3,4573,54113,31611,144520$80.02$2.12
Apr 2024Pecos River2,8862,7658,4757,549248$85.35$1.60
Mar 2024Pecos River1,7611,8467,0956,444109$81.28$1.49
Feb 2024Pecos River2,9122,97612,35111,007230$77.25$1.72
Jan 2024Pecos River3,2633,10512,69011,734107$74.15$3.18
Dec 2023Pecos River3,6193,69911,03510,22542$71.90$2.52
Nov 2023Pecos River3,4493,3839,3638,6927$77.69$2.71
Oct 2023Pecos River3,2883,2069,8068,957107$85.64$2.98
Sep 2023Pecos River3,1363,29710,1419,001187$89.43$2.64
Aug 2023Pecos River3,6363,5429,5448,76549$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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