LEA, P. J. A/C 2

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

Gas lease lease 55587District 08Field 80473310Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
401
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 215 leases and 1,609 wells, and the rule below applies to all of them.

Discovered
1944-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2024-12-17.

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: ONLY. 6MONTH EXCEPTION TO SWR51A. SPECIAL HZ LANGUAGE

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
CondensateDisposition3,420 bbl$85,332
GasProduction434,522 Mcf$1,369,049
Total$1,454,380

139,766 Mcf of this lease's gas, across 48 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 31.4976, -102.5881. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49756, -102.58807 · 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
3,521 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 3,521 ft.

Completions filed
Sep 1978
1 of 1 wells

1 well

42-10303609313,521 ftSep 1978

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 (401)

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

401 months

May 20260559106.413.05$1,703
Apr 2026065898.932.87$1,888
Mar 2026078789.753.15$2,479
Feb 2026065863.503.75$2,468
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 202002214.751.80$40
Mar 202002430.341.86$45
Feb 202002049.881.98$40
Jan 202002257.252.09$46
Dec 201902259.012.30$51
Nov 201902155.302.75$58
Oct 201902353.472.42$56
Sep 201902555.052.66$66
Aug 201902353.112.30$53
Jul 201902756.272.46$66
Jun 201902452.782.49$60
May 20190958.482.74$25
Apr 201901862.632.75$50
Mar 201901856.803.06$55
Feb 201902050.852.79$56
Jan 201902346.033.23$74
Dec 201802346.594.19$96
Nov 201802152.934.24$89
Oct 201802561.443.40$85
Sep 201802859.543.11$87
Aug 201801759.403.07$52
Jul 201802465.142.93$70
Jun 201802560.183.08$77
May 201802665.382.90$75
Apr 201802463.842.90$70
Mar 201802561.222.79$70
Feb 201802561.782.77$69
Jan 2018011462.874.01$457
Dec 2017024157.272.92$704
Nov 2017035355.423.12$1,101
Oct 2017035549.292.98$1,059
Sep 2017018547.523.09$571
Aug 2017015245.373.00$457
Jul 2017012743.873.09$392
Jun 2017015142.493.09$466
May 2017031745.373.26$1,035
Apr 2017035347.933.21$1,134
Mar 2017021946.772.98$653
Feb 2017032950.452.95$971
Jan 2017043849.413.42$1,497
Dec 2016062548.763.72$2,327
Nov 2016062342.492.64$1,647
Oct 2016027146.193.09$837
Sep 2016046241.553.10$1,432
Aug 2016138741.442.92$1,173
Jul 2016025541.622.92$746
Jun 2016020345.352.69$545
May 201608742.521.99$173
Apr 2016517936.561.99$539
Mar 2016021333.011.79$382
Feb 2016024826.472.06$512
Jan 2016049927.352.36$1,180
Dec 2015757732.362.00$1,381
Nov 2015055038.792.17$1,192
Oct 2015057643.552.43$1,398
Sep 2015541842.992.76$1,368
Aug 2015042440.162.87$1,218
Jul 2015039248.152.95$1,154
Jun 2015034856.152.88$1,003
May 2015047455.212.96$1,401
Apr 2015033249.822.71$899
Mar 2015053942.892.93$1,582
Feb 2015011044.662.98$327
Jan 2015063443.433.10$1,966
Dec 2014079654.693.59$2,859
Nov 2014017470.464.25$740
Oct 2014049478.303.90$1,927
Sep 2014059186.164.05$2,391
Aug 2014051889.394.04$2,090
Jul 2014053596.564.18$2,236
Jun 2014045598.164.74$2,155
May 2014040994.734.73$1,933
Apr 2014072595.944.81$3,487
Mar 2014087395.895.06$4,415
Feb 2014083897.406.19$5,189
Jan 2014073390.404.86$3,563
Dec 2013013191.824.35$570
Nov 2013052388.853.74$1,955
Oct 2013037097.423.78$1,398
Sep 20130261104.113.72$970
Aug 20130173104.253.52$609
Jul 20130208102.523.72$773
Jun 2013018094.403.93$708
May 2013029694.834.15$1,228
Apr 2013023193.964.28$989
Mar 2013028493.623.91$1,111
Feb 2013033191.233.42$1,132
Jan 2013040991.603.42$1,399
Dec 2012039286.773.42$1,341
Nov 2012029786.953.62$1,077
Oct 2012022989.383.40$779
Sep 2012014794.672.92$429
Aug 201205892.662.91$169
Jul 201208585.133.02$257
Jun 2012010779.822.52$270
May 2012014591.612.49$361
Apr 20120203101.652.00$405
Mar 20120312105.052.22$693
Feb 20120429101.102.57$1,103
Jan 2012041198.092.73$1,124
Dec 2011040196.873.24$1,299
Nov 2011030195.723.31$997
Oct 2011026084.983.65$949
Sep 2011019383.623.99$769
Aug 2011016383.404.15$676
Jul 2011016494.144.52$741
Jun 2011016392.904.64$756
May 2011036198.134.40$1,590
Apr 20110332105.964.33$1,439
Mar 2011042296.364.06$1,712
Feb 2011073285.644.18$3,060
Jan 2011086886.504.59$3,983
Dec 2010095485.734.35$4,148
Nov 2010089480.843.80$3,393
Oct 201001,02778.103.51$3,604
Sep 201001,04372.633.98$4,151
Aug 201001,03073.684.42$4,552
Jul 201001,05172.554.74$4,978
Jun 201001,02670.364.91$5,038
May 2010096471.124.24$4,083
Apr 2010093981.694.12$3,871
Mar 2010091278.394.39$4,002
Feb 2010070173.585.44$3,815
Jan 2010078574.365.96$4,682
Dec 2009079771.445.48$4,371
Nov 2009081774.593.75$3,065
Oct 2009096072.544.11$3,946
Sep 2009075165.543.06$2,302
Aug 2009080267.423.22$2,581
Jul 2009072361.133.46$2,505
Jun 2009032766.163.90$1,274
May 2009040054.743.93$1,570
Apr 200901,44146.773.59$5,170
Mar 200902,05442.144.06$8,337
Feb 200901,96632.814.63$9,108
Jan 200901,94635.865.37$10,452
Dec 2008046537.105.98$2,779
Nov 2008046155.496.86$3,163
Oct 2008057075.246.92$3,946
Sep 20080577101.767.88$4,545
Aug 20080617114.228.48$5,234
Jul 20080640131.0811.39$7,289
Jun 20080785131.3313.03$10,231
May 200802,246123.1711.57$25,996
Apr 200802,852110.3110.45$29,817
Mar 200803,552101.909.66$34,327
Feb 200803,00692.538.77$26,364
Jan 200802,86090.388.21$23,468
Dec 200701,13388.337.30$8,273
Nov 2007058391.677.29$4,251
Oct 2007083982.856.92$5,808
Sep 2007062775.846.24$3,915
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007047762.007.55$3,601
May 2007058958.747.85$4,621
Apr 2007068159.617.81$5,315
Mar 2007063856.927.30$4,659
Feb 2007063855.108.22$5,242
Jan 2007072450.306.73$4,870
Dec 2006091756.656.92$6,344
Nov 200601,02054.207.62$7,770
Oct 200621,20354.906.01$7,344
Sep 200601,61860.085.04$8,150
Aug 200601,68268.717.34$12,346
Jul 200602,90269.376.34$18,407
Jun 200602,90366.286.38$18,532
May 2006532766.016.42$2,431
Apr 200603,29164.397.36$24,223
Mar 2006512,70556.707.08$22,051
Feb 200610091357.597.75$12,836
Jan 2006501,51460.598.93$16,555
Dec 200501,72854.9413.42$23,182
Nov 2005671,93454.6910.59$24,142
Oct 200502,39158.3413.80$32,986
Sep 200502,64661.4512.08$31,961
Aug 200502,47361.519.80$24,228
Jul 200502,33355.697.84$18,299
Jun 200581,96152.337.38$14,893
May 2005411,99245.226.65$15,103
Apr 2005432,21749.207.36$18,434
Mar 2005182,66150.377.15$19,946
Feb 2005033945.226.31$2,140
Jan 2005116643.166.32$1,093
Dec 200407439.866.75$500
Nov 200427845.286.33$584
Oct 2004297949.706.52$1,956
Sep 20041469643.245.28$4,283
Aug 20042560842.375.55$4,434
Jul 20042669338.286.08$5,212
Jun 2004121,33036.106.43$8,989
May 2004172,17537.486.49$14,763
Apr 2004192,00834.475.86$12,419
Mar 2004471,29834.365.53$8,793
Feb 20043093432.455.51$6,119
Jan 2004161,26932.036.30$8,507
Dec 2003331,34930.266.30$9,499
Nov 2003321,28528.804.60$6,826
Oct 2003121,63628.174.76$8,125
Sep 2003511,48726.314.75$8,404
Aug 2003531,07629.765.13$7,097
Jul 20032672129.415.17$4,493
Jun 20033586928.565.98$6,199
May 20032357826.595.97$4,064
Apr 20032477826.675.41$4,847
Mar 20032025331.146.10$2,165
Feb 20031027133.487.93$2,483
Jan 20031043830.315.58$2,748
Dec 20022157226.914.85$3,341
Nov 20022159124.664.14$2,963
Oct 20021074326.464.23$3,407
Sep 20022195027.443.64$4,030
Aug 200201,50025.963.16$4,746
Jul 2002131,68924.583.06$5,491
Jun 2002201,85223.733.34$6,657
May 2002101,42924.663.58$5,368
Apr 2002101,70523.653.51$6,225
Mar 200291,80722.003.10$5,805
Feb 200291,76718.222.38$4,362
Jan 2002112,11617.172.38$5,216
Dec 2001212,33916.932.36$5,886
Nov 2001112,19318.072.41$5,474
Oct 20011077319.782.53$2,153
Sep 2001111,73324.262.25$4,168
Aug 2001101,86624.873.05$5,946
Jul 2001211,88123.933.20$6,516
Jun 20011197024.563.82$3,980
May 2001211,90025.524.31$8,720
Apr 2001211,81424.685.34$10,197
Mar 2001101,87624.545.38$10,332
Feb 2001101,85127.755.77$10,952
Jan 200110027.478.40$275
Dec 2000201,70826.889.12$16,119
Nov 2000192,04132.215.66$12,160
Oct 2000101,87731.235.15$9,970
Sep 2000292,20231.875.19$12,345
Aug 200002,21729.644.54$10,067
Jul 2000191,90428.534.09$8,329
Jun 2000191,67529.304.40$7,922
May 2000102,00427.263.68$7,647
Apr 2000101,50124.513.12$4,922
Mar 2000201,76628.422.86$5,619
Feb 200091,20427.622.73$3,531
Jan 2000101,43625.272.48$3,815
Dec 1999202,14924.282.42$5,694
Nov 1999101,89223.192.43$4,837
Oct 1999102,76220.982.80$7,954
Sep 1999202,08921.752.62$5,906
Aug 1999192,03119.262.88$6,206
Jul 1999102,11717.892.37$5,201
Jun 1999202,00815.942.36$5,062
May 1999202,10815.792.32$5,209
Apr 1999292,40115.102.21$5,739
Mar 1999202,19912.471.84$4,292
Feb 1999312,2579.981.82$4,412
Jan 1999102,16810.381.90$4,223
Dec 1998292,1659.201.77$4,106
Nov 1998272,25310.892.19$5,218
Oct 1998102,61312.421.97$5,270
Sep 1998182,26612.592.08$4,946
Aug 1998101,96911.301.91$3,869
Jul 1998111,74011.742.24$4,022
Jun 1998102,36511.242.24$5,404
May 1998292,00312.622.21$4,785
Apr 1998252,08313.042.51$5,545
Mar 1998252,50212.802.31$6,098
Feb 1998162,29713.952.30$5,504
Jan 1998232,76614.702.15$6,298
Dec 1997272,81816.322.41$7,235
Nov 1997273,00418.193.09$9,768
Oct 1997373,09819.253.15$10,470
Sep 1997272,83317.742.95$8,850
Aug 1997323,00717.862.55$8,254
Jul 1997312,74017.582.25$6,702
Jun 1997372,84517.242.26$7,060
May 1997332,99618.972.31$7,542
Apr 1997402,76417.882.08$6,472
Mar 1997392,93818.951.94$6,436
Feb 1997422,41720.492.21$6,192
Jan 1997383,21323.483.54$12,265
Dec 1996402,51223.32$933
Nov 1996223,26821.97$483
Oct 199643,41723.31$93
Sep 1996203,30122.22$444
Aug 1996243,13020.26$486
Jul 1996213,41719.55$411
Jun 1996183,24518.73$337
May 1996153,12919.43$291
Apr 1996203,70721.51$430
Mar 199691,64519.38$174
Feb 1996122,19016.98$204
Jan 199652,44717.07$85
Dec 199552,63917.19$86
Nov 199562,38016.00$96
Oct 199553,05915.43$77
Sep 199582,97516.18$129
Aug 199562,61715.92$96
Jul 199572,71915.24$107
Jun 199562,94316.41$98
May 199563,24717.56$105
Apr 199572,58117.73$124
Mar 1995202,75116.44$329
Feb 1995182,69716.58$298
Jan 1995222,77615.92$350
Dec 1994222,59215.03$331
Nov 1994242,22315.90$382
Oct 1994232,76615.58$358
Sep 1994183,01315.29$275
Aug 1994193,03116.13$306
Jul 1994192,90317.56$334
Jun 1994282,80917.09$479
May 1994353,13715.88$556
Apr 1994333,10414.14$467
Mar 1994323,11512.46$399
Feb 1994322,23112.50$400
Jan 1994423,07712.66$532
Dec 1993412,98712.33$506
Nov 1993382,37114.49$551
Oct 1993463,21315.85$729
Sep 1993423,34015.03$631
Aug 1993283,76115.66$438
Jul 1993262,99515.46$402
Jun 1993352,69716.79$588
May 1993372,87917.68$654
Apr 1993373,00718.05$668
Mar 1993382,71618.14$689
Feb 1993373,27017.90$662
Jan 1993333,73716.93$559

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                  559 Mcf  × $  3.05 =     $1,703

────────────────────────────────────────────────────
Month total                                   $1,703

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/55587 is the state's own key, not one this site invented.