NEAL LETHCO 34-33 A UNIT
NEAL LETHCO 34-33 A UNIT is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 8 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 2,637,631 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $27.1M, with roughly $8.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 11,281 barrels a month, about 1,410 per wellbore. Its strongest month on the record we hold was June 2019, at 85,898 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about NEAL LETHCO 34-33 A UNIT
- Who operates NEAL LETHCO 34-33 A UNIT?
- NEAL LETHCO 34-33 A UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is NEAL LETHCO 34-33 A UNIT?
- NEAL LETHCO 34-33 A UNIT is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50129.
- Is NEAL LETHCO 34-33 A UNIT still producing?
- NEAL LETHCO 34-33 A UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL LETHCO 34-33 A UNIT is August 2026.
- How much has NEAL LETHCO 34-33 A UNIT produced?
- NEAL LETHCO 34-33 A UNIT has reported 2,637,631 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 8 wellbores.
- How much is NEAL LETHCO 34-33 A UNIT worth?
- The remaining production from NEAL LETHCO 34-33 A UNIT is estimated to be worth about $27.1M in total as of 26 August 2026, within a range of $22.2M to $32.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL LETHCO 34-33 A UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEAL LETHCO 34-33 A UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL LETHCO 34-33 A UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL LETHCO 34-33 A UNIT generate in a year?
- NEAL LETHCO 34-33 A UNIT is forecast to net about $8.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEAL LETHCO 34-33 A UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 50129 |
| Wellbores | 8 |
| Reported production | 2,637,631 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $27.1M |
Where NEAL LETHCO 34-33 A UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.