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 88379District 08Field 80473310Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$742 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 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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition5,079 bbl$190,876
GasProduction135,917 Mcf$551,321
Total$742,197

16,837 Mcf of this lease's gas, across 30 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 31.4936, -102.5849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49365, -102.58494 · 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
3,305 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 3,305 ft.

Completions filed
May 1980
1 of 1 wells

1 well

42-10332231363,305 ftMay 1980

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 202131071.323.90$2,211
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 202005316.921.81$96
Apr 2020015214.751.80$274
Mar 202009930.341.86$184
Feb 2020014149.881.98$279
Jan 20204513757.252.09$2,863
Dec 2019012459.012.30$286
Nov 2019013155.302.75$360
Oct 2019022753.472.42$549
Sep 2019024155.052.66$640
Aug 2019020853.112.30$479
Jul 2019012956.272.46$317
Jun 20194622552.782.49$2,988
May 201907258.482.74$197
Apr 2019010662.632.75$292
Mar 201908556.803.06$260
Feb 20194022850.852.79$2,671
Jan 2019017046.033.23$549
Dec 2018023946.594.19$1,000
Nov 20183921452.934.24$2,971
Oct 2018026461.443.40$897
Sep 20183639859.543.11$3,380
Aug 2018022059.403.07$675
Jul 2018012565.142.93$366
Jun 20184129160.183.08$3,363
May 2018028365.382.90$821
Apr 2018028863.842.90$835
Mar 2018022461.222.79$624
Feb 20183919361.782.77$2,943
Jan 2018015162.874.01$605
Dec 2017032857.272.92$958
Nov 2017028955.423.12$901
Oct 2017024049.292.98$716
Sep 2017020947.523.09$645
Aug 20173223745.373.00$2,164
Jul 2017017443.873.09$537
Jun 2017027742.493.09$855
May 20174229745.373.26$2,875
Apr 2017028447.933.21$912
Mar 20174814046.772.98$2,663
Feb 2017013550.452.95$399
Jan 2017018349.413.42$626
Dec 20161223448.763.72$1,456
Nov 2016039042.492.64$1,031
Oct 2016024446.193.09$754
Sep 2016024441.553.10$757
Aug 2016330941.442.92$1,028
Jul 2016031241.622.92$912
Jun 2016033745.352.69$905
May 2016013842.521.99$275
Apr 20161524936.561.99$1,044
Mar 2016031933.011.79$572
Feb 2016029126.472.06$601
Jan 2016028827.352.36$681
Dec 20152917132.362.00$1,281
Nov 2015029038.792.17$629
Oct 2015024243.552.43$587
Sep 20153020142.992.76$1,844
Aug 2015027340.162.87$784
Jul 2015031048.152.95$913
Jun 20152535456.152.88$2,424
May 20152336255.212.96$2,340
Apr 2015025349.822.71$685
Mar 20152734642.892.93$2,173
Feb 2015255444.662.98$1,277
Jan 2015031043.433.10$961
Dec 2014039854.693.59$1,429
Nov 2014268170.464.25$2,176
Oct 2014023678.303.90$921
Sep 2014025086.164.05$1,011
Aug 20142327089.394.04$3,145
Jul 2014026296.564.18$1,095
Jun 20142616298.164.74$3,320
May 2014018394.734.73$865
Apr 20142327295.944.81$3,515
Mar 2014030795.895.06$1,552
Feb 20142119797.406.19$3,265
Jan 2014020990.404.86$1,016
Dec 201307591.824.35$327
Nov 20131717188.853.74$2,150
Oct 2013035097.423.78$1,323
Sep 201322339104.113.72$3,551
Aug 201331327104.253.52$4,384
Jul 20130287102.523.72$1,067
Jun 2013030694.403.93$1,204
May 20132631494.834.15$3,768
Apr 2013032293.964.28$1,379
Mar 20132132493.623.91$3,234
Feb 2013031091.233.42$1,060
Jan 20131834791.603.42$2,836
Dec 2012034286.773.42$1,170
Nov 2012031386.953.62$1,135
Oct 2012031189.383.40$1,057
Sep 20123630494.672.92$4,295
Aug 2012064992.662.91$1,887
Jul 2012079685.133.02$2,405
Jun 20125958379.822.52$6,178
May 2012076691.612.49$1,906
Apr 20120710101.652.00$1,418
Mar 20120770105.052.22$1,711
Feb 201277771101.102.57$9,766
Jan 2012073798.092.73$2,015
Dec 20112670396.873.24$4,796
Nov 20114075095.723.31$6,312
Oct 201107984.983.65$288
Sep 20111356083.623.99$3,319
Aug 20111438083.404.15$2,744
Jul 2011041094.144.52$1,852
Jun 20114638192.904.64$6,041
May 2011028998.134.40$1,273
Apr 201149388105.964.33$6,873
Mar 20112742296.364.06$4,314
Feb 2011027085.644.18$1,129
Jan 2011057986.504.59$2,657
Dec 20106636785.734.35$7,254
Nov 2010030780.843.80$1,165
Oct 20102243678.103.51$3,248
Sep 2010050572.633.98$2,010
Aug 2010047773.684.42$2,108
Jul 2010054972.554.74$2,600
Jun 2010036770.364.91$1,802
May 2010033471.124.24$1,415
Apr 2010035781.694.12$1,472
Mar 2010041778.394.39$1,830
Feb 2010039373.585.44$2,139
Jan 2010041874.365.96$2,493
Dec 2009044571.445.48$2,440
Nov 2009045574.593.75$1,707
Oct 2009048272.544.11$1,981
Sep 2009040565.543.06$1,241
Aug 2009039567.423.22$1,271
Jul 2009044861.133.46$1,552
Jun 2009042566.163.90$1,655
May 2009038554.743.93$1,511
Apr 2009047946.773.59$1,718
Mar 2009052542.144.06$2,131
Feb 2009047532.814.63$2,201
Jan 2009038235.865.37$2,052
Dec 2008029737.105.98$1,775
Nov 2008037355.496.86$2,559
Oct 2008045875.246.92$3,170
Sep 20080442101.767.88$3,482
Aug 20080556114.228.48$4,717
Jul 20080549131.0811.39$6,253
Jun 20080491131.3313.03$6,399
May 20080443123.1711.57$5,127
Apr 20080396110.3110.45$4,140
Mar 20080464101.909.66$4,484
Feb 2008048792.538.77$4,271
Jan 2008045690.388.21$3,742
Dec 2007048688.337.30$3,549
Nov 2007146991.677.29$3,511
Oct 2007058082.856.92$4,015
Sep 2007041175.846.24$2,566
Aug 2007049869.066.39$3,181
Jul 2007049670.906.39$3,168
Jun 2007329462.007.55$2,405
May 2007053958.747.85$4,229
Apr 2007042459.617.81$3,309
Mar 2007048356.927.30$3,527
Feb 20071048255.108.22$4,511
Jan 2007956350.306.73$4,240
Dec 20065450156.656.92$6,525
Nov 2006052754.207.62$4,014
Oct 2006761754.906.01$4,095
Sep 2006054060.085.04$2,720
Aug 2006057568.717.34$4,220
Jul 20064455069.376.34$6,541
Jun 2006051666.286.38$3,294
May 20063256766.016.42$5,755
Apr 2006049964.397.36$3,673
Mar 20061646056.707.08$4,165
Feb 20064041657.597.75$5,528
Jan 20061055860.598.93$5,591
Dec 2005058354.9413.42$7,821
Nov 2005053554.6910.59$5,665
Oct 2005058758.3413.80$8,098
Sep 2005065261.4512.08$7,876
Aug 2005059061.519.80$5,780
Jul 2005057555.697.84$4,510
Jun 2005277052.337.38$5,788
May 2005249145.226.65$3,356
Apr 20051452649.207.36$4,560
Mar 20056062550.377.15$7,494
Feb 20054733945.226.31$4,265
Jan 20053537143.166.32$3,856
Dec 2004032239.866.75$2,174
Nov 20041033745.286.33$2,586
Oct 20042937349.706.52$3,871
Sep 20041485743.245.28$5,134
Aug 20042574942.375.55$5,217
Jul 20042685338.286.08$6,185
Jun 20041277036.106.43$5,387
May 20041161837.486.49$4,426
Apr 20041354234.475.86$3,623
Mar 20046258234.365.53$5,349
Feb 20043955632.455.51$4,329
Jan 20044061732.036.30$5,168
Dec 20034066630.266.30$5,407
Nov 20034062328.804.60$4,015
Oct 20032176128.174.76$4,214
Sep 20031379726.314.75$4,127
Aug 20031323229.765.13$1,577
Jul 2003760029.415.17$3,308
Jun 20037461828.565.98$5,811
May 20034978826.595.97$6,009
Apr 20035154326.675.41$4,296
Mar 20033451331.146.10$4,186
Feb 20031546933.487.93$4,219
Jan 20031549030.315.58$3,190
Dec 20023150626.914.85$3,290
Nov 20023251524.664.14$2,920
Oct 20021680726.464.23$3,836
Sep 20023115527.443.64$1,414
Aug 2002063925.963.16$2,022
Jul 20021559824.583.06$2,200
Jun 20023159223.733.34$2,712
May 20021549124.663.58$2,130
Apr 20021558623.653.51$2,413
Mar 20021459122.003.10$2,142
Feb 20021453518.222.38$1,526
Jan 20021660617.172.38$1,714
Dec 20013363316.932.36$2,055
Nov 20011654618.072.41$1,603
Oct 20011661219.782.53$1,864
Sep 20011559524.262.25$1,703
Aug 20011664124.873.05$2,355
Jul 20013264623.933.20$2,831
Jun 20011588524.563.82$3,753
May 20013261825.524.31$3,479
Apr 20013262324.685.34$4,114
Mar 20011551324.545.38$3,126
Feb 20011592627.755.77$5,757
Jan 20011591127.478.40$8,063
Dec 20002932026.889.12$3,699
Nov 200029032.215.66$934
Oct 20001567231.235.15$3,926
Sep 20004447831.875.19$3,881
Aug 2000071529.644.54$3,247
Jul 20002964928.534.09$3,482
Jun 20002940129.304.40$2,613
May 20001552427.263.68$2,337
Apr 20001552324.513.12$1,997
Mar 20002953428.422.86$2,351
Feb 20001543427.622.73$1,598
Jan 20001527325.272.48$1,056
Dec 19992938724.282.42$1,642
Nov 19991526423.192.43$990
Oct 19991531520.982.80$1,198
Sep 19993034921.752.62$1,566
Aug 19992940919.262.88$1,735
Jul 19991542817.892.37$1,284
Jun 19992948915.942.36$1,617
May 19993045715.792.32$1,534
Apr 19994451115.102.21$1,793
Mar 19996047912.471.84$1,629
Feb 19991324249.981.82$2,088
Jan 19994538610.381.90$1,200
Dec 19981283759.201.77$1,843
Nov 199812950310.892.19$2,504
Oct 19984347412.421.97$1,467
Sep 19982945312.592.08$1,309
Aug 1998839411.301.91$842
Jul 1998034811.742.24$779
Jun 1998247311.242.24$1,081
May 19985040112.622.21$1,516
Apr 199810841613.042.51$2,451
Mar 199811050012.802.31$2,563
Feb 19983840013.952.30$1,450
Jan 19985448314.702.15$1,835
Dec 19976249116.322.41$2,196
Nov 1997073718.193.09$2,276
Oct 1997765719.253.15$2,204
Sep 19972767717.742.95$2,479
Aug 19973157917.862.55$2,033
Jul 19973146917.582.25$1,599
Jun 19973645017.242.26$1,636
May 19973246118.972.31$1,671
Apr 19974055117.882.08$1,863
Mar 19974058418.951.94$1,890
Feb 19974151320.492.21$1,972
Jan 19973859523.483.54$2,998
Dec 199601,20523.32$0
Nov 1996335721.97$66
Oct 1996467623.31$93
Sep 19962062922.22$444
Aug 19962463620.26$486
Jul 19962145419.55$411
Jun 19961835318.73$337
May 19961559419.43$291
Apr 19962265321.51$473
Mar 19961550619.38$291
Feb 19961248116.98$204
Jan 1996547917.07$85
Dec 1995552117.19$86
Nov 1995653216.00$96
Oct 1995554815.43$77
Sep 1995854016.18$129
Aug 1995645115.92$96
Jul 1995745315.24$107
Jun 1995646216.41$98
May 1995653417.56$105
Apr 1995746217.73$124
Mar 19952055516.44$329
Feb 19951948416.58$315
Jan 19952250715.92$350
Dec 19942251615.03$331
Nov 19942443115.90$382
Oct 19942358615.58$358
Sep 19941868315.29$275
Aug 19941766616.13$274
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 1994088312.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Dec 2021 — as filed, then multipliedworked
Condensate            31 bbl  × $ 71.32 =     $2,211
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $2,211

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/88379 is the state's own key, not one this site invented.