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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 74253District 08Field 80473310Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$860 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The SAND HILLS (MCKNIGHT) field

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
CondensateDisposition2,498 bbl$50,960
GasProduction271,156 Mcf$808,745
Total$859,705

87,986 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 31.4909, -102.5923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49090, -102.59235 · 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
3,515 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 3,515 ft.

Completions filed
Nov 1977
1 of 1 wells

1 well

42-10331770343,515 ftNov 1977——

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 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 202008116.921.81$147
Apr 2020018514.751.80$334
Mar 202008830.341.86$163
Feb 202007549.881.98$149
Jan 2020010757.252.09$224
Dec 2019032759.012.30$754
Nov 201909655.302.75$264
Oct 201908753.472.42$210
Sep 201909455.052.66$250
Aug 201909553.112.30$219
Jul 2019013356.272.46$327
Jun 2019037652.782.49$937
May 201904958.482.74$134
Apr 2019018062.632.75$495
Mar 2019019356.803.06$591
Feb 2019020850.852.79$581
Jan 2019019646.033.23$633
Dec 2018030646.594.19$1,281
Nov 2018031752.934.24$1,343
Oct 2018039661.443.40$1,346
Sep 2018058559.543.11$1,818
Aug 2018023159.403.07$708
Jul 2018030365.142.93$888
Jun 2018035260.183.08$1,083
May 2018036065.382.90$1,044
Apr 2018042063.842.90$1,218
Mar 2018022061.222.79$613
Feb 2018023961.782.77$661
Jan 2018014362.874.01$573
Dec 2017034757.272.92$1,014
Nov 2017021255.423.12$661
Oct 2017036349.292.98$1,083
Sep 2017029647.523.09$914
Aug 2017037545.373.00$1,127
Jul 2017025743.873.09$793
Jun 2017037742.493.09$1,164
May 2017038445.373.26$1,253
Apr 2017047947.933.21$1,538
Mar 2017022046.772.98$656
Feb 2017019450.452.95$573
Jan 2017021149.413.42$721
Dec 2016023748.763.72$882
Nov 2016034442.492.64$910
Oct 2016045146.193.09$1,394
Sep 2016035841.553.10$1,110
Aug 2016144041.442.92$1,328
Jul 2016047941.622.92$1,401
Jun 2016050245.352.69$1,348
May 2016015142.521.99$301
Apr 2016827436.561.99$838
Mar 2016033633.011.79$603
Feb 2016032426.472.06$669
Jan 2016028827.352.36$681
Dec 2015811032.362.00$479
Nov 2015036538.792.17$791
Oct 2015036743.552.43$891
Sep 2015626942.992.76$1,000
Aug 2015028340.162.87$813
Jul 2015034148.152.95$1,004
Jun 2015022656.152.88$652
May 2015020155.212.96$594
Apr 2015014649.822.71$395
Mar 2015019342.892.93$566
Feb 20150444.662.98$12
Jan 201509543.433.10$295
Dec 2014037754.693.59$1,354
Nov 201401370.464.25$55
Oct 2014016478.303.90$640
Sep 2014024986.164.05$1,007
Aug 2014027589.394.04$1,110
Jul 2014033896.564.18$1,413
Jun 2014012798.164.74$602
May 2014019494.734.73$917
Apr 2014020395.944.81$976
Mar 2014018495.895.06$930
Feb 201408497.406.19$520
Jan 2014050090.404.86$2,430
Dec 201307091.824.35$305
Nov 2013031988.853.74$1,193
Oct 2013055397.423.78$2,090
Sep 20130505104.113.72$1,877
Aug 20130483104.253.52$1,701
Jul 20130372102.523.72$1,383
Jun 2013039594.403.93$1,554
May 2013041194.834.15$1,705
Apr 2013044793.964.28$1,914
Mar 2013036793.623.91$1,436
Feb 2013032491.233.42$1,108
Jan 2013039891.603.42$1,361
Dec 2012039786.773.42$1,358
Nov 2012041986.953.62$1,519
Oct 2012043889.383.40$1,489
Sep 2012049594.672.92$1,445
Aug 2012068592.662.91$1,992
Jul 2012063385.133.02$1,912
Jun 2012044779.822.52$1,126
May 2012045491.612.49$1,130
Apr 20120450101.652.00$899
Mar 20120475105.052.22$1,055
Feb 20120418101.102.57$1,074
Jan 2012027798.092.73$757
Dec 2011031696.873.24$1,024
Nov 2011040195.723.31$1,328
Oct 2011051984.983.65$1,894
Sep 2011042583.623.99$1,694
Aug 2011046283.404.15$1,917
Jul 2011041094.144.52$1,852
Jun 2011054592.904.64$2,529
May 2011033798.134.40$1,484
Apr 20110609105.964.33$2,639
Mar 2011037596.364.06$1,522
Feb 2011032785.644.18$1,367
Jan 2011031686.504.59$1,450
Dec 2010040185.734.35$1,743
Nov 2010036380.843.80$1,378
Oct 2010050478.103.51$1,768
Sep 2010061072.633.98$2,427
Aug 2010058173.684.42$2,568
Jul 2010043872.554.74$2,075
Jun 2010042370.364.91$2,077
May 2010049771.124.24$2,105
Apr 2010042781.694.12$1,760
Mar 2010049078.394.39$2,150
Feb 2010049073.585.44$2,667
Jan 2010058974.365.96$3,513
Dec 2009058571.445.48$3,208
Nov 2009057174.593.75$2,142
Oct 2009085972.544.11$3,531
Sep 200901,22465.543.06$3,751
Aug 200901,13667.423.22$3,656
Jul 200901,16661.133.46$4,040
Jun 200901,08166.163.90$4,211
May 2009067454.743.93$2,646
Apr 2009064446.773.59$2,310
Mar 2009057442.144.06$2,330
Feb 2009051532.814.63$2,386
Jan 2009056235.865.37$3,019
Dec 2008040537.105.98$2,421
Nov 2008068455.496.86$4,692
Oct 2008092375.246.92$6,389
Sep 20080927101.767.88$7,302
Aug 20080917114.228.48$7,779
Jul 20080885131.0811.39$10,080
Jun 20080626131.3313.03$8,158
May 20080640123.1711.57$7,408
Apr 20080633110.3110.45$6,618
Mar 20080561101.909.66$5,422
Feb 2008055592.538.77$4,868
Jan 2008058190.388.21$4,768
Dec 2007058388.337.30$4,257
Nov 2007063191.677.29$4,601
Oct 2007072382.856.92$5,005
Sep 2007069275.846.24$4,321
Aug 2007081169.066.39$5,181
Jul 2007084070.906.39$5,366
Jun 2007049862.007.55$3,759
May 2007066658.747.85$5,226
Apr 2007042659.617.81$3,325
Mar 2007066056.927.30$4,819
Feb 2007056355.108.22$4,626
Jan 2007042650.306.73$2,866
Dec 2006041456.656.92$2,864
Nov 2006066154.207.62$5,035
Oct 2006078754.906.01$4,733
Sep 2006080660.085.04$4,060
Aug 2006071168.717.34$5,219
Jul 2006071469.376.34$4,529
Jun 2006070566.286.38$4,501
May 2006068366.016.42$4,388
Apr 2006053164.397.36$3,908
Mar 2006057456.707.08$4,066
Feb 2006045457.597.75$3,519
Jan 2006048660.598.93$4,342
Dec 2005058454.9413.42$7,835
Nov 2005067654.6910.59$7,158
Oct 2005077558.3413.80$10,692
Sep 200501,16061.4512.08$14,012
Aug 200501,08461.519.80$10,620
Jul 200501,02255.697.84$8,016
Jun 2005085952.337.38$6,340
May 2005087345.226.65$5,806
Apr 2005082449.207.36$6,065
Mar 2005090250.377.15$6,454
Feb 2005046045.226.31$2,903
Jan 2005054543.166.32$3,446
Dec 2004061839.866.75$4,172
Nov 2004064845.286.33$4,102
Oct 2004064749.706.52$4,215
Sep 2004067043.245.28$3,540
Aug 2004058542.375.55$3,247
Jul 2004066638.286.08$4,052
Jun 200401,00336.106.43$6,452
May 200401,05637.486.49$6,858
Apr 200401,05234.475.86$6,163
Mar 2004094534.365.53$5,226
Feb 2004084732.455.51$4,667
Jan 2004096332.036.30$6,067
Dec 2003098330.266.30$6,195
Nov 2003094128.804.60$4,324
Oct 200301,08328.174.76$5,155
Sep 2003083626.314.75$3,970
Aug 2003087629.765.13$4,494
Jul 2003092829.415.17$4,799
Jun 2003076428.565.98$4,571
May 200301,22826.595.97$7,334
Apr 200301,05626.675.41$5,710
Mar 20033387531.146.10$6,362
Feb 20031575833.487.93$6,510
Jan 20031575230.315.58$4,652
Dec 20023189226.914.85$5,164
Nov 20023286924.664.14$4,384
Oct 20021681926.464.23$3,887
Sep 20023185827.443.64$3,970
Aug 200201,00725.963.16$3,186
Jul 20021571524.583.06$2,558
Jun 2002311,05023.733.34$4,241
May 20021578224.663.58$3,173
Apr 20021579123.653.51$3,133
Mar 20021483222.003.10$2,889
Feb 20021484318.222.38$2,258
Jan 20021692017.172.38$2,460
Dec 2001321,10716.932.36$3,159
Nov 20011695018.072.41$2,574
Oct 20011584819.782.53$2,441
Sep 20011692624.262.25$2,473
Aug 20011699724.873.05$3,442
Jul 2001321,00523.933.20$3,979
Jun 2001161,34824.563.82$5,548
May 20013198525.524.31$5,034
Apr 20013196924.685.34$5,935
Mar 20011589624.545.38$5,185
Feb 2001151,06227.755.77$6,541
Jan 20011553727.478.40$4,922
Dec 20002986726.889.12$8,689
Nov 2000291,03632.215.66$6,796
Oct 2000151,04731.235.15$5,856
Sep 2000431,00331.875.19$6,572
Aug 200001,08629.644.54$4,931
Jul 2000291,03828.534.09$5,073
Jun 20002995829.304.40$5,062
May 2000151,02127.263.68$4,166
Apr 20001597824.513.12$3,415
Mar 20003099928.422.86$3,709
Feb 20001479927.622.73$2,565
Jan 2000151,07425.272.48$3,043
Dec 19993088524.282.42$2,873
Nov 1999151,00723.192.43$2,799
Oct 1999151,03920.982.80$3,228
Sep 1999301,10021.752.62$3,533
Aug 1999291,06219.262.88$3,612
Jul 1999151,02917.892.37$2,710
Jun 1999291,09415.942.36$3,046
May 1999301,19815.792.32$3,254
Apr 1999441,09815.102.21$3,089
Mar 199901,02412.471.84$1,882
Feb 199901,1889.981.82$2,160
Jan 199901,02310.381.90$1,944
Dec 199809159.201.77$1,623
Nov 199801,08810.892.19$2,378
Oct 199801,17912.421.97$2,322
Sep 199801,36012.592.08$2,832
Aug 199801,18111.301.91$2,253
Jul 199801,04411.742.24$2,336
Jun 199801,41911.242.24$3,175
May 199801,20212.622.21$2,652
Apr 199801,25013.042.51$3,132
Mar 199801,50112.802.31$3,466
Feb 199801,11313.952.30$2,559
Jan 199801,33914.702.15$2,885
Dec 199701,36616.322.41$3,294
Nov 199701,53518.193.09$4,740
Oct 199771,55719.253.15$5,039
Sep 1997271,49017.742.95$4,882
Aug 1997321,56017.862.55$4,557
Jul 1997311,43117.582.25$3,760
Jun 1997371,56117.242.26$4,161
May 1997331,60118.972.31$4,322
Apr 1997401,45317.882.08$3,741
Mar 1997391,50318.951.94$3,654
Feb 1997411,17420.492.21$3,430
Jan 1997381,43423.483.54$5,968
Dec 1996402,97723.32—$933
Nov 19962283121.97—$483
Oct 199641,61723.31—$93
Sep 1996201,58722.22—$444
Aug 1996241,45220.26—$486
Jul 1996211,63819.55—$411
Jun 1996181,55918.73—$337
May 1996151,33919.43—$291
Apr 1996221,65021.51—$473
Mar 1996151,25619.38—$291
Feb 1996121,19816.98—$204
Jan 199651,30017.07—$85
Dec 199551,35817.19—$86
Nov 199561,41516.00—$96
Oct 199551,69615.43—$77
Sep 199581,62916.18—$129
Aug 199561,42715.92—$96
Jul 199571,57415.24—$107
Jun 199561,62316.41—$98
May 199561,79317.56—$105
Apr 199571,58717.73—$124
Mar 1995191,58116.44—$312
Feb 1995191,53816.58—$315
Jan 1995221,64015.92—$350
Dec 1994221,78515.03—$331
Nov 1994241,59615.90—$382
Oct 1994241,92415.58—$374
Sep 1994182,01415.29—$275
Aug 1994182,02216.13—$290
Jul 1994181,97217.56—$316
Jun 1994281,88117.09—$479
May 1994362,07815.88—$572
Apr 1994322,08714.14—$452
Mar 1994322,17712.46—$399
Feb 1994311,71812.50—$388
Jan 1994422,16612.66—$532
Dec 1993412,15512.33—$506
Nov 1993382,16214.49—$551
Oct 1993462,23415.85—$729
Sep 1993412,16115.03—$616
Aug 1993282,35815.66—$438
Jul 1993332,42915.46—$510
Jun 1993352,21916.79—$588
May 1993372,36317.68—$654
Apr 1993382,18518.05—$686
Mar 1993412,51818.14—$744
Feb 1993372,07417.90—$662
Jan 1993332,44316.93—$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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.92 =         $0
Gas                   81 Mcf  × $  1.81 =       $147

────────────────────────────────────────────────────
Month total                                     $147

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/74253 is the state's own key, not one this site invented.