LEA, P. J.

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the SAND HILLS (WOJCIK-MCELROY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 152450District 08Field 80473833Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$931 k
Nov 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
379
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 73 leases and 73 wells, and the rule below applies to all of them.

Discovered
1994-07-28
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-08-20.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/97.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition59 bbl$5,537
GasProduction419,890 Mcf$925,500
Total$931,037

188,773 Mcf of this lease's gas, across 26 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.4996, -102.5898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49963, -102.58984 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,450 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 3,450 ft.

Completions filed
Nov 1994
1 of 1 wells

1 well

42-10303620273,450 ftNov 1994

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (379)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

379 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180759.403.07$21
Jul 201802465.142.93$70
Jun 201802560.183.08$77
May 201802465.382.90$70
Apr 201802463.842.90$70
Mar 201802561.222.79$70
Feb 201802561.782.77$69
Jan 201802662.874.01$104
Dec 201702757.272.92$79
Nov 201702655.423.12$81
Oct 201702749.292.98$81
Sep 201702547.523.09$77
Aug 201702345.373.00$69
Jul 201702343.873.09$71
Jun 201702742.493.09$83
May 201702845.373.26$91
Apr 201702847.933.21$90
Mar 201701546.772.98$45
Feb 201701850.452.95$53
Jan 201702149.413.42$72
Dec 201602448.763.72$89
Nov 201602642.492.64$69
Oct 201602746.193.09$83
Sep 201602641.553.10$81
Aug 201612741.442.92$120
Jul 201602741.622.92$79
Jun 201602645.352.69$70
May 201601542.521.99$30
Apr 201632836.561.99$165
Mar 201602933.011.79$52
Feb 201602626.472.06$54
Jan 201602727.352.36$64
Dec 201562132.362.00$236
Nov 201502438.792.17$52
Oct 201502643.552.43$63
Sep 20150742.992.76$19
Aug 20150040.162.87$0
Jul 201501148.152.95$32
Jun 201502456.152.88$69
May 201502555.212.96$74
Apr 20150749.822.71$19
Mar 2015019842.892.93$581
Feb 201503344.662.98$98
Jan 2015016443.433.10$509
Dec 2014017154.693.59$614
Nov 201402770.464.25$115
Oct 2014018578.303.90$722
Sep 2014023986.164.05$967
Aug 2014024489.394.04$985
Jul 2014024896.564.18$1,037
Jun 2014018898.164.74$891
May 2014014594.734.73$685
Apr 2014024195.944.81$1,159
Mar 2014025795.895.06$1,300
Feb 2014021697.406.19$1,337
Jan 2014017190.404.86$831
Dec 201305891.824.35$253
Nov 2013018488.853.74$688
Oct 2013022597.423.78$850
Sep 20130216104.113.72$803
Aug 20130253104.253.52$891
Jul 20130258102.523.72$959
Jun 2013042394.403.93$1,664
May 2013011294.834.15$465
Apr 20130093.964.28$0
Mar 201304293.623.91$164
Feb 201304791.233.42$161
Jan 2013024891.603.42$848
Dec 2012024886.773.42$848
Nov 2012024786.953.62$895
Oct 2012024989.383.40$847
Sep 2012024394.672.92$709
Aug 2012027592.662.91$800
Jul 2012029585.133.02$891
Jun 2012025979.822.52$652
May 2012025691.612.49$637
Apr 20120241101.652.00$481
Mar 20120260105.052.22$578
Feb 20120252101.102.57$648
Jan 2012023998.092.73$653
Dec 2011022796.873.24$735
Nov 2011024695.723.31$815
Oct 2011026084.983.65$949
Sep 2011017483.623.99$694
Aug 2011021783.404.15$900
Jul 2011030094.144.52$1,355
Jun 2011035492.904.64$1,643
May 2011024198.134.40$1,062
Apr 201149277105.964.33$6,392
Mar 2011025896.364.06$1,047
Feb 2011019385.644.18$807
Jan 2011026386.504.59$1,207
Dec 2010029685.734.35$1,287
Nov 2010027980.843.80$1,059
Oct 2010031078.103.51$1,088
Sep 2010037772.633.98$1,500
Aug 2010033273.684.42$1,467
Jul 2010030772.554.74$1,454
Jun 2010030170.364.91$1,478
May 2010030771.124.24$1,300
Apr 2010030981.694.12$1,274
Mar 2010035578.394.39$1,558
Feb 2010028573.585.44$1,551
Jan 2010031974.365.96$1,903
Dec 2009031971.445.48$1,749
Nov 2009031774.593.75$1,189
Oct 2009034772.544.11$1,426
Sep 2009030965.543.06$947
Aug 2009034867.423.22$1,120
Jul 2009034261.133.46$1,185
Jun 2009037066.163.90$1,441
May 2009033654.743.93$1,319
Apr 2009036446.773.59$1,306
Mar 2009036042.144.06$1,461
Feb 2009033832.814.63$1,566
Jan 2009036835.865.37$1,977
Dec 2008032637.105.98$1,949
Nov 2008032455.496.86$2,223
Oct 2008040875.246.92$2,824
Sep 20080427101.767.88$3,364
Aug 20080393114.228.48$3,334
Jul 20080404131.0811.39$4,601
Jun 20080324131.3313.03$4,223
May 20080495123.1711.57$5,729
Apr 20080556110.3110.45$5,813
Mar 20080290101.909.66$2,803
Feb 2008040592.538.77$3,552
Jan 2008039590.388.21$3,241
Dec 2007042388.337.30$3,089
Nov 2007043891.677.29$3,194
Oct 2007048282.856.92$3,336
Sep 2007049075.846.24$3,060
Aug 2007060469.066.39$3,858
Jul 2007083970.906.39$5,359
Jun 2007030462.007.55$2,295
May 2007048758.747.85$3,821
Apr 2007053659.617.81$4,184
Mar 2007053356.927.30$3,892
Feb 2007050155.108.22$4,116
Jan 2007062350.306.73$4,191
Dec 2006059456.656.92$4,110
Nov 2006059054.207.62$4,494
Oct 2006069454.906.01$4,174
Sep 2006069060.085.04$3,476
Aug 2006061368.717.34$4,499
Jul 2006069369.376.34$4,396
Jun 2006070566.286.38$4,501
May 2006078866.016.42$5,063
Apr 2006082064.397.36$6,036
Mar 2006081756.707.08$5,787
Feb 2006074257.597.75$5,751
Jan 2006098460.598.93$8,790
Dec 200501,07554.9413.42$14,422
Nov 200501,25154.6910.59$13,246
Oct 200501,75158.3413.80$24,156
Sep 2005090661.4512.08$10,944
Aug 2005084761.519.80$8,298
Jul 2005079955.697.84$6,267
Jun 2005067152.337.38$4,953
May 2005068245.226.65$4,536
Apr 2005081149.207.36$5,969
Mar 200501,09350.377.15$7,820
Feb 2005055645.226.31$3,509
Jan 2005063843.166.32$4,034
Dec 2004061839.866.75$4,172
Nov 2004064845.286.33$4,102
Oct 2004065249.706.52$4,248
Sep 2004067043.245.28$3,540
Aug 2004056242.375.55$3,119
Jul 2004064038.286.08$3,894
Jun 2004090236.106.43$5,803
May 2004096337.486.49$6,254
Apr 2004086134.475.86$5,044
Mar 2004083234.365.53$4,601
Feb 2004087232.455.51$4,804
Jan 2004098232.036.30$6,186
Dec 200301,04730.266.30$6,598
Nov 200301,06428.804.60$4,889
Oct 200301,26828.174.76$6,035
Sep 200301,17426.314.75$5,576
Aug 200301,12929.765.13$5,791
Jul 200301,11029.415.17$5,740
Jun 200301,11428.565.98$6,665
May 200301,26726.595.97$7,567
Apr 200301,26326.675.41$6,829
Mar 200301,35731.146.10$8,272
Feb 200301,05833.487.93$8,386
Jan 200301,24630.315.58$6,955
Dec 200201,49326.914.85$7,247
Nov 200201,76424.664.14$7,298
Oct 200201,16626.464.23$4,931
Sep 200201,09327.443.64$3,973
Aug 200201,21725.963.16$3,851
Jul 200201,16124.583.06$3,555
Jun 200201,15523.733.34$3,856
May 200201,15524.663.58$4,140
Apr 200201,25223.653.51$4,397
Mar 200201,28322.003.10$3,981
Feb 200201,22918.222.38$2,920
Jan 200201,46317.172.38$3,476
Dec 200101,80416.932.36$4,265
Nov 200101,44218.072.41$3,469
Oct 200101,26619.782.53$3,202
Sep 200101,28524.262.25$2,893
Aug 200101,38324.873.05$4,223
Jul 200101,39523.933.20$4,460
Jun 2001094224.563.82$3,602
May 200101,35425.524.31$5,832
Apr 200101,34524.685.34$7,176
Mar 200101,47024.545.38$7,903
Feb 200101,78127.755.77$10,271
Jan 200101,28727.478.40$10,809
Dec 200001,31326.889.12$11,978
Nov 200001,57032.215.66$8,883
Oct 200001,50231.235.15$7,729
Sep 200001,43531.875.19$7,443
Aug 200001,52829.644.54$6,938
Jul 200001,55428.534.09$6,355
Jun 200001,42829.304.40$6,279
May 200001,64227.263.68$6,042
Apr 200001,65024.513.12$5,141
Mar 200001,81428.422.86$5,188
Feb 200001,53027.622.73$4,172
Jan 200001,57025.272.48$3,894
Dec 199901,78524.282.42$4,326
Nov 199901,74223.192.43$4,240
Oct 199901,80820.982.80$5,069
Sep 199901,87321.752.62$4,905
Aug 199901,95919.262.88$5,633
Jul 199901,89917.892.37$4,505
Jun 199901,94315.942.36$4,590
May 199902,10815.792.32$4,893
Apr 199902,10415.102.21$4,646
Mar 199902,25112.471.84$4,138
Feb 199902,0709.981.82$3,763
Jan 199902,16110.381.90$4,106
Dec 199802,4509.201.77$4,345
Nov 199802,31110.892.19$5,051
Oct 199802,55612.421.97$5,033
Sep 199802,72012.592.08$5,665
Aug 199802,36311.301.91$4,507
Jul 199802,08811.742.24$4,671
Jun 199802,83811.242.24$6,349
May 199802,40312.622.21$5,302
Apr 199802,49913.042.51$6,261
Mar 199803,00212.802.31$6,933
Feb 199803,12313.952.30$7,180
Jan 199803,75914.702.15$8,100
Dec 199703,83116.322.41$9,237
Nov 199704,03218.193.09$12,452
Oct 199704,11019.253.15$12,946
Sep 199703,99617.742.95$11,808
Aug 199704,30917.862.55$11,008
Jul 199704,28917.582.25$9,637
Jun 199704,16917.242.26$9,410
May 199704,46018.972.31$10,296
Apr 199704,51717.882.08$9,408
Mar 199704,32718.951.94$8,391
Feb 199703,91520.492.21$8,636
Jan 199704,82723.483.54$17,086
Dec 199604,89023.32$0
Nov 199602,43721.97$0
Oct 199606,00223.31$0
Sep 199605,24422.22$0
Aug 199605,50920.26$0
Jul 199605,08419.55$0
Jun 199605,28018.73$0
May 199606,09519.43$0
Apr 199605,71221.51$0
Mar 199604,66319.38$0
Feb 199606,02916.98$0
Jan 199606,98717.07$0
Dec 199507,51517.19$0
Nov 199508,81216.00$0
Oct 199504,93615.43$0
Sep 199506,86716.18$0
Aug 199508,70015.92$0
Jul 199508,99315.24$0
Jun 199509,49016.41$0
May 1995011,82717.56$0
Apr 1995011,38317.73$0
Mar 1995012,40916.44$0
Feb 199509,71016.58$0
Jan 1995010,82815.92$0
Dec 199406,29915.03$0
Nov 199407,07215.90$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.40 =         $0
Gas                    7 Mcf  × $  3.07 =        $21

────────────────────────────────────────────────────
Month total                                      $21

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/152450 is the state's own key, not one this site invented.