LEA, P. J. "B"

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 153424District 08Field 80473833Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$439 k
Jan 1995 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
377
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
CondensateDisposition73 bbl$3,570
GasProduction130,819 Mcf$434,958
Total$438,527

25,901 Mcf of this lease's gas, across 22 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 31.4704, -102.5853. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47036, -102.58525 · 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
3,250 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 3,250 ft.

Completions filed
Jan 1995
1 of 1 wells

1 well

42-10332538163,250 ftJan 1995

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 (377)

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

377 months

May 202602,026106.413.05$6,171
Apr 202601,89298.932.87$5,430
Mar 202602,68189.753.15$8,444
Feb 202603,16863.503.75$11,881
Jan 202602,29859.138.00$18,379
Dec 202502,02356.664.41$8,928
Nov 202502,27958.593.93$8,948
Oct 202502,99459.383.30$9,895
Sep 202503,52662.743.08$10,849
Aug 202501,91163.933.01$5,761
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 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013024994.834.15$1,033
Apr 2013033993.964.28$1,452
Mar 2013334593.623.91$1,631
Feb 2013031191.233.42$1,064
Jan 2013035091.603.42$1,197
Dec 2012034286.773.42$1,170
Nov 2012033286.953.62$1,203
Oct 2012932489.383.40$1,906
Sep 2012031494.672.92$916
Aug 2012034692.662.91$1,006
Jul 2012434485.133.02$1,380
Jun 2012024279.822.52$610
May 2012033391.612.49$829
Apr 20120312101.652.00$623
Mar 20120338105.052.22$751
Feb 20120316101.102.57$812
Jan 2012028298.092.73$771
Dec 2011029596.873.24$956
Nov 20111032095.723.31$2,017
Oct 2011033784.983.65$1,230
Sep 2011025183.623.99$1,000
Aug 2011035383.404.15$1,465
Jul 2011035594.144.52$1,604
Jun 2011035492.904.64$1,643
May 2011031398.134.40$1,379
Apr 20110360105.964.33$1,560
Mar 2011030596.364.06$1,237
Feb 2011025085.644.18$1,045
Jan 2011034286.504.59$1,569
Dec 2010035385.734.35$1,535
Nov 2010036380.843.80$1,378
Oct 2010035678.103.51$1,249
Sep 2010035772.633.98$1,421
Aug 2010034473.684.42$1,520
Jul 2010010072.554.74$474
Jun 2010032770.364.91$1,606
May 2010034671.124.24$1,465
Apr 2010044381.694.12$1,826
Mar 2010061178.394.39$2,681
Feb 2010030773.585.44$1,671
Jan 2010034374.365.96$2,046
Dec 2009034371.445.48$1,881
Nov 2009033274.593.75$1,246
Oct 2009026072.544.11$1,069
Sep 200904865.543.06$147
Aug 200905367.423.22$171
Jul 200905261.133.46$180
Jun 200905366.163.90$206
May 200904854.743.93$188
Apr 2009020946.773.59$750
Mar 2009038042.144.06$1,542
Feb 200904832.814.63$222
Jan 2009026235.865.37$1,407
Dec 2008042037.105.98$2,510
Nov 2008018455.496.86$1,262
Oct 2008021775.246.92$1,502
Sep 20080219101.767.88$1,725
Aug 20080232114.228.48$1,968
Jul 20080233131.0811.39$2,654
Jun 20080165131.3313.03$2,150
May 20080193123.1711.57$2,234
Apr 20080219110.3110.45$2,290
Mar 20080246101.909.66$2,377
Feb 2008026092.538.77$2,280
Jan 2008024690.388.21$2,019
Dec 2007025288.337.30$1,840
Nov 2007024791.677.29$1,801
Oct 2007027882.856.92$1,924
Sep 2007027275.846.24$1,698
Aug 2007028869.066.39$1,840
Jul 2007127870.906.39$1,847
Jun 2007017262.007.55$1,298
May 2007026758.747.85$2,095
Apr 2007026659.617.81$2,076
Mar 2007825456.927.30$2,310
Feb 2007022855.108.22$1,873
Jan 2007026050.306.73$1,749
Dec 2006030556.656.92$2,110
Nov 2006030154.207.62$2,293
Oct 2006035654.906.01$2,141
Sep 2006039460.085.04$1,985
Aug 2006034668.717.34$2,540
Jul 2006035769.376.34$2,264
Jun 2006035366.286.38$2,254
May 2006037966.016.42$2,435
Apr 2006036864.397.36$2,709
Mar 2006036656.707.08$2,592
Feb 2006024857.597.75$1,922
Jan 200607660.598.93$679
Dec 2005016354.9413.42$2,187
Nov 2005026254.6910.59$2,774
Oct 20050058.3413.80$0
Sep 200506461.4512.08$773
Aug 200506861.519.80$666
Jul 200506455.697.84$502
Jun 200504152.337.38$303
May 200502745.226.65$180
Apr 200502749.207.36$199
Mar 2005043650.377.15$3,120
Feb 2005032745.226.31$2,064
Jan 2005035743.166.32$2,257
Dec 2004034639.866.75$2,336
Nov 2004036345.286.33$2,298
Oct 2004036549.706.52$2,378
Sep 2004037543.245.28$1,981
Aug 2004032842.375.55$1,821
Jul 2004037338.286.08$2,269
Jun 2004050036.106.43$3,217
May 2004051837.486.49$3,364
Apr 2004047834.475.86$2,800
Mar 2004042734.365.53$2,361
Feb 2004036532.455.51$2,011
Jan 2004039632.036.30$2,495
Dec 2003042130.266.30$2,653
Nov 2003044428.804.60$2,040
Oct 2003050228.174.76$2,389
Sep 2003046526.314.75$2,208
Aug 2003052329.765.13$2,683
Jul 2003050229.415.17$2,596
Jun 2003049728.565.98$2,974
May 2003055526.595.97$3,315
Apr 2003053626.675.41$2,898
Mar 2003063231.146.10$3,853
Feb 2003038133.487.93$3,020
Jan 2003036530.315.58$2,037
Dec 2002035926.914.85$1,743
Nov 2002038624.664.14$1,597
Oct 2002048626.464.23$2,055
Sep 2002045027.443.64$1,636
Aug 2002049425.963.16$1,563
Jul 2002046324.583.06$1,418
Jun 2002045323.733.34$1,512
May 2002044924.663.58$1,609
Apr 2002047923.653.51$1,682
Mar 2002047422.003.10$1,471
Feb 2002843618.222.38$1,182
Jan 2002049517.172.38$1,176
Dec 2001051416.932.36$1,215
Nov 2001046718.072.41$1,123
Oct 2001051619.782.53$1,305
Sep 2001045924.262.25$1,033
Aug 2001049424.873.05$1,508
Jul 2001049823.933.20$1,592
Jun 2001036724.563.82$1,403
May 2001051325.524.31$2,210
Apr 2001048024.685.34$2,561
Mar 2001046024.545.38$2,473
Feb 2001041427.755.77$2,388
Jan 2001052727.478.40$4,426
Dec 2000058726.889.12$5,355
Nov 2000070132.215.66$3,966
Oct 2000069131.235.15$3,556
Sep 2000057731.875.19$2,993
Aug 2000041029.644.54$1,862
Jul 2000051628.534.09$2,110
Jun 2000047029.304.40$2,067
May 2000054927.263.68$2,020
Apr 2000057324.513.12$1,785
Mar 2000056128.422.86$1,604
Feb 2000041727.622.73$1,137
Jan 2000038825.272.48$962
Dec 1999037924.282.42$919
Nov 1999038623.192.43$940
Oct 1999063920.982.80$1,792
Sep 1999058721.752.62$1,537
Aug 1999058819.262.88$1,691
Jul 1999063117.892.37$1,497
Jun 1999064015.942.36$1,512
May 1999066915.792.32$1,553
Apr 1999065615.102.21$1,448
Mar 1999067312.471.84$1,237
Feb 199906259.981.82$1,136
Jan 1999066410.381.90$1,262
Dec 199806509.201.77$1,153
Nov 1998068310.892.19$1,493
Oct 1998070612.421.97$1,390
Sep 1998045212.592.08$941
Aug 1998039411.301.91$752
Jul 1998034811.742.24$779
Jun 1998047311.242.24$1,058
May 1998040112.622.21$885
Apr 1998041713.042.51$1,045
Mar 1998050012.802.31$1,155
Feb 1998068913.952.30$1,584
Jan 1998682714.702.15$1,870
Dec 1997784516.322.41$2,152
Nov 1997688818.193.09$2,852
Oct 1997388219.253.15$2,836
Sep 1997085917.742.95$2,538
Aug 1997089817.862.55$2,294
Jul 1997088717.582.25$1,993
Jun 1997094817.242.26$2,140
May 199721,00718.972.31$2,363
Apr 1997694017.882.08$2,065
Mar 199701,01618.951.94$1,970
Feb 1997083420.492.21$1,840
Jan 199701,03623.483.54$3,667
Dec 1996078723.32$0
Nov 19960021.97$0
Oct 1996082123.31$0
Sep 1996086522.22$0
Aug 1996065420.26$0
Jul 1996090419.55$0
Jun 1996091418.73$0
May 1996093819.43$0
Apr 1996093721.51$0
Mar 1996084819.38$0
Feb 1996082716.98$0
Jan 1996095417.07$0
Dec 199501,01117.19$0
Nov 199501,04316.00$0
Oct 199501,19115.43$0
Sep 199501,26616.18$0
Aug 199501,04115.92$0
Jul 199501,38515.24$0
Jun 199501,50816.41$0
May 199501,81617.56$0
Apr 199501,77317.73$0
Mar 199502,30416.44$0
Feb 199502,11416.58$0
Jan 19950015.92$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,026 Mcf  × $  3.05 =     $6,171

────────────────────────────────────────────────────
Month total                                   $6,171

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/153424 is the state's own key, not one this site invented.