NEAL LETHCO 16-15 E

NEAL LETHCO 16-15 E is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 307,387 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $160K, with roughly $35K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldHoefs T-K (Wolfcamp)
CountyPecos County, Texas
RRC district08
Lease number55394
Wellbores1
Reported production307,387 bbl
First reportedApril 2020
Last reportedAugust 2026
Estimated royalty value$160K

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.