STATE NEAL LETHCO 27-25 UNIT

STATE NEAL LETHCO 27-25 UNIT is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 4 wellbores on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 1,268,624 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 $14.3M, with roughly $4.2M 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 6,040 barrels a month, about 1,510 per wellbore. Its strongest month on the record we hold was January 2020, at 56,637 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STATE NEAL LETHCO 27-25 UNIT

Who operates STATE NEAL LETHCO 27-25 UNIT?: STATE NEAL LETHCO 27-25 UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
Where is STATE NEAL LETHCO 27-25 UNIT?: STATE NEAL LETHCO 27-25 UNIT is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52424.
Is STATE NEAL LETHCO 27-25 UNIT still producing?: STATE NEAL LETHCO 27-25 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE NEAL LETHCO 27-25 UNIT is August 2026.
How much has STATE NEAL LETHCO 27-25 UNIT produced?: STATE NEAL LETHCO 27-25 UNIT has reported 1,268,624 barrels of oil (bbl) to the Railroad Commission of Texas between March 2019 and August 2026, from 4 wellbores.
How much is STATE NEAL LETHCO 27-25 UNIT worth?: The remaining production from STATE NEAL LETHCO 27-25 UNIT is estimated to be worth about $14.3M in total as of 27 August 2026, within a range of $11.9M to $16.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE NEAL LETHCO 27-25 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STATE NEAL LETHCO 27-25 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE NEAL LETHCO 27-25 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does STATE NEAL LETHCO 27-25 UNIT generate in a year?: STATE NEAL LETHCO 27-25 UNIT is forecast to net about $4.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE NEAL LETHCO 27-25 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

STATE NEAL LETHCO 27-25 UNIT as filed with the Railroad Commission of Texas
Operator	Diamondback E&P LLC
Field	Hoefs T-K (Wolfcamp)
County	Pecos County, Texas
RRC district	08
Lease number	52424
Wellbores	4
Reported production	1,268,624 bbl
First reported	March 2019
Last reported	August 2026
Estimated royalty value	$14.3M

Where STATE NEAL LETHCO 27-25 UNIT sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.