LEA, P.J. ET AL

Operated by RING ENERGY, INC. (P-5 712382) in the LEA, SOUTH (CONNELL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10964District 08Field 52628400Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 3 wells, and the rule below applies to all of them.

Discovered
1957-03-24
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
NGPA2none

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
OilDisposition61,625 bbl$2,920,594
Casinghead gasProduction105,259 Mcf$287,363
Total$3,207,957

45,258 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 (3)

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 31.3987, -102.5266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.39915, -102.52665 · 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
66.7%
2 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,626 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
266.7%
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.
133.3%

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

Between 8,575 and 8,676 ft, median 8,626 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2021
2 of 3 wells; 1 filed none

3 wells

42-1030022721 T
42-103336032198,676 ftSep 2021Yes
42-103335202148,575 ftSep 2021Yes

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 202663253106.413.05$7,474
Apr 20269929398.932.87$10,635
Mar 202612928389.753.15$12,469
Feb 202613634663.503.75$9,934
Jan 202615519759.138.00$10,741
Dec 20259428556.664.41$6,584
Nov 202512523558.593.93$8,246
Oct 202513532459.383.30$9,087
Sep 20259721562.743.08$6,747
Aug 20258919463.933.01$6,275
Jul 202515913366.743.32$11,053
Jun 202514616966.483.13$10,235
May 202513521360.553.23$8,863
Apr 202512923062.363.54$8,859
Mar 202514617867.704.27$10,644
Feb 202514915570.884.34$11,234
Jan 202515122374.324.28$12,176
Dec 202413825868.993.12$10,326
Nov 202412618669.052.20$9,109
Oct 20241189771.372.28$8,643
Sep 202413311269.612.36$9,523
Aug 202418615175.632.06$14,379
Jul 202421419779.932.15$17,528
Jun 202414310178.082.63$11,431
May 202417410978.812.20$13,953
Apr 202414112684.451.66$12,117
Mar 202415214080.301.55$12,422
Feb 202414116676.091.78$11,025
Jan 202428536573.023.30$22,014
Dec 202326539171.262.61$19,905
Nov 202319652377.892.81$16,735
Oct 202317744585.443.09$16,497
Sep 20239730489.042.74$9,468
Aug 20238930280.522.67$7,973
Jul 20238028074.852.64$6,728
Jun 202311513568.962.26$8,235
May 2023608670.622.23$4,429
Apr 20235210678.122.24$4,299
Mar 20234916972.852.39$3,974
Feb 2023869375.112.47$6,689
Jan 20231199976.533.39$9,442
Dec 202211910576.415.73$9,694
Nov 202213810885.005.65$12,340
Oct 202214911987.185.86$13,688
Sep 202213314484.888.16$12,465
Aug 202213817794.529.13$14,659
Jul 2022115205101.587.54$13,228
Jun 2022122259115.097.98$16,107
May 2022148194109.378.43$17,823
Apr 2022147134104.226.84$16,237
Mar 2022130115108.885.08$14,738
Feb 20221127591.054.86$10,562
Jan 202219111381.844.54$16,144
Dec 202112715871.323.90$9,674
Nov 202119816977.435.24$16,216
Oct 202124319579.795.71$20,503
Sep 202124520869.865.35$18,229
Aug 202117522566.024.22$12,503
Jul 202117321270.783.98$13,089
Jun 202131918269.493.38$22,783
May 202112313863.483.02$8,224
Apr 202117015860.362.76$10,697
Mar 202110611361.302.72$6,805
Feb 20211939057.805.55$11,655
Jan 20212813650.412.81$1,794
Dec 20204515044.642.68$2,410
Nov 202014016538.772.71$5,874
Oct 20207612436.972.48$3,117
Sep 2020887037.091.99$3,403
Aug 20201207739.982.39$4,981
Jul 2020694238.371.83$2,724
Jun 20207711134.901.69$2,875
May 2020013716.921.81$249
Apr 202014015814.751.80$2,350
Mar 202016715030.341.86$5,345
Feb 202022727449.881.98$11,865
Jan 202010924757.252.09$6,758
Dec 201920320559.012.30$12,451
Nov 201912121355.302.75$7,277
Oct 201990053.472.42$4,812
Sep 2019664255.052.66$3,745
Aug 20191546353.112.30$8,324
Jul 20191659856.272.46$9,526
Jun 20191687152.782.49$9,044
May 20191459458.482.74$8,737
Apr 20191027462.632.75$6,592
Mar 2019863456.803.06$4,989
Feb 20191502650.852.79$7,700
Jan 2019421246.033.23$1,972
Dec 2018812546.594.19$3,878
Nov 20181084752.934.24$5,916
Oct 2018647261.443.40$4,177
Sep 2018834659.543.11$5,085
Aug 2018555359.403.07$3,430
Jul 2018762165.142.93$5,012
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 201540042.992.76$1,720
Aug 201511311340.162.87$4,863
Jul 20151228248.152.95$6,116
Jun 20151929756.152.88$11,060
May 201518413455.212.96$10,555
Apr 201529213249.822.71$14,905
Mar 201522914642.892.93$10,250
Feb 201524018344.662.98$11,263
Jan 201524814543.433.10$11,220
Dec 201417611854.693.59$10,049
Nov 20141247470.464.25$9,052
Oct 20142169478.303.90$17,279
Sep 201416813486.164.05$15,017
Aug 20141608889.394.04$14,657
Jul 201417713596.564.18$17,655
Jun 20142179998.164.74$21,770
May 20141184194.734.73$11,372
Apr 20141525095.944.81$14,823
Mar 201414912495.895.06$14,915
Feb 20141068997.406.19$10,875
Jan 20141366990.404.86$12,630
Dec 20131426991.824.35$13,339
Nov 20131266288.853.74$11,427
Oct 20131235197.423.78$12,175
Sep 20138926104.113.72$9,362
Aug 201310761104.253.52$11,370
Jul 20137284102.523.72$7,694
Jun 20131208294.403.93$11,651
May 20131028194.834.15$10,009
Apr 20131448293.964.28$13,881
Mar 20131739493.623.91$16,564
Feb 20131109891.233.42$10,370
Jan 201317011091.603.42$15,948
Dec 201215113086.773.42$13,547
Nov 201213612286.953.62$12,267
Oct 201214311889.383.40$13,183
Sep 201214312094.672.92$13,888
Aug 201218014292.662.91$17,092
Jul 201217213485.133.02$15,047
Jun 201216313779.822.52$13,356
May 201214216391.612.49$13,414
Apr 2012161165101.652.00$16,695
Mar 2012139171105.052.22$14,982
Feb 2012161153101.102.57$16,670
Jan 201218333298.092.73$18,858
Dec 201120929096.873.24$21,185
Nov 201119816795.723.31$19,506
Oct 201112813384.983.65$11,363
Sep 201116115283.623.99$14,069
Aug 201119019483.404.15$16,651
Jul 201119020194.144.52$18,795
Jun 201113014692.904.64$12,754
May 201110010398.134.40$10,267
Apr 2011117144105.964.33$13,021
Mar 201115415196.364.06$15,452
Feb 20115813385.644.18$5,523
Jan 201110217486.504.59$9,621
Dec 201010914485.734.35$9,971
Nov 201010318080.843.80$9,010
Oct 20109012778.103.51$7,475
Sep 201093072.633.98$6,755
Aug 20109414073.684.42$7,545
Jul 201010113272.554.74$7,953
Jun 201010815170.364.91$8,340
May 20107413171.124.24$5,818
Apr 20109714181.694.12$8,505
Mar 20109014878.394.39$7,705
Feb 20108612273.585.44$6,992
Jan 20109311674.365.96$7,607
Dec 20099110971.445.48$7,099
Nov 200911015774.593.75$8,794
Oct 200911620072.544.11$9,237
Sep 200910725065.543.06$7,779
Aug 200910323467.423.22$7,697
Jul 20099218061.133.46$6,248
Jun 200910315866.163.90$7,430
May 200910515754.743.93$6,364
Apr 200912619146.773.59$6,578
Mar 200914217242.144.06$6,682
Feb 200912616632.814.63$4,903
Jan 200911720135.865.37$5,275
Dec 200813816337.105.98$6,094
Nov 200810013355.496.86$6,461
Oct 2008958575.246.92$7,736
Sep 2008173132101.767.88$18,644
Aug 2008213254114.228.48$26,484
Jul 2008179234131.0811.39$26,128
Jun 2008170288131.3313.03$26,080
May 2008205325123.1711.57$29,011
Apr 2008212299110.3110.45$26,512
Mar 2008140278101.909.66$16,953
Feb 200811623492.538.77$12,786
Jan 200820723690.388.21$20,645
Dec 200718824988.337.30$18,424
Nov 200716628491.677.29$17,288
Oct 200715522682.856.92$14,406
Sep 200721631675.846.24$18,355
Aug 200720230069.066.39$15,867
Jul 200718427970.906.39$14,828
Jun 200714019662.007.55$10,160
May 200720534458.747.85$14,741
Apr 200722726659.617.81$15,608
Mar 200721526656.927.30$14,180
Feb 200716825455.108.22$11,344
Jan 200716224150.306.73$9,770
Dec 200619127456.656.92$12,716
Nov 200620426154.207.62$13,045
Oct 200617338154.906.01$11,789
Sep 200618329760.085.04$12,491
Aug 200624230068.717.34$18,830
Jul 200623537769.376.34$18,693
Jun 200620030466.286.38$15,197
May 200620432866.016.42$15,573
Apr 200613629364.397.36$10,914
Mar 200614430956.707.08$10,353
Feb 200611828157.597.75$8,974
Jan 200614434760.598.93$11,825
Dec 200516730754.9413.42$13,294
Nov 200517243554.6910.59$14,013
Oct 20055957558.3413.80$11,375
Sep 200513919261.4512.08$10,861
Aug 200510124161.519.80$8,574
Jul 200511524955.697.84$8,357
Jun 200514626252.337.38$9,574
May 200518723645.226.65$10,026
Apr 200511920849.207.36$7,386
Mar 200511927850.377.15$7,983
Feb 200516529245.226.31$9,304
Jan 200518136143.166.32$10,094
Dec 200413831339.866.75$7,614
Nov 200414734345.286.33$8,827
Oct 200415230949.706.52$9,568
Sep 200414026943.245.28$7,475
Aug 200414726842.375.55$7,716
Jul 200419032538.286.08$9,251
Jun 200415126336.106.43$7,143
May 200415934337.486.49$8,187
Apr 200411232934.475.86$5,788
Mar 200413831734.365.53$6,495
Feb 200411131832.455.51$5,354
Jan 200411231032.036.30$5,540
Dec 200311849730.266.30$6,703
Nov 200311952828.804.60$5,853
Oct 200312964628.174.76$6,709
Sep 200312533626.314.75$4,885
Aug 200312843129.765.13$6,020
Jul 200311831829.415.17$5,115
Jun 200313127228.565.98$5,369
May 200315730126.595.97$5,972
Apr 200314832626.675.41$5,710
Mar 200317013131.146.10$6,092
Feb 200313813333.487.93$5,674
Jan 200313921430.315.58$5,408
Dec 200216424126.914.85$5,583
Nov 200213018224.664.14$3,959
Oct 200220418826.464.23$6,193
Sep 200217920027.443.64$5,639
Aug 200216620725.963.16$4,964
Jul 20028817024.583.06$2,684
Jun 200211817023.733.34$3,368
May 20027318124.663.58$2,449
Apr 20025818323.653.51$2,014
Mar 20027520022.003.10$2,271
Feb 200211118618.222.38$2,464
Jan 200213120317.172.38$2,732
Dec 20018419916.932.36$1,893
Nov 20019115218.072.41$2,010
Oct 20016015019.782.53$1,566
Sep 20017915224.262.25$2,259
Aug 200114715924.873.05$4,141
Jul 200114618223.933.20$4,076
Jun 200118628624.563.82$5,662
May 200115229325.524.31$5,141
Apr 200116021224.685.34$5,080
Mar 200124911524.545.38$6,729
Feb 200123910827.755.77$7,255
Jan 200125111827.478.40$7,886
Dec 200026811626.889.12$8,262
Nov 200024711432.215.66$8,601
Oct 20002688231.235.15$8,792
Sep 20002749531.875.19$9,225
Aug 20002517829.644.54$7,794
Jul 20002658828.534.09$7,920
Jun 20002359329.304.40$7,294
May 20002315227.263.68$6,488
Apr 20002144724.513.12$5,392
Mar 200023711128.422.86$7,053
Feb 200024610727.622.73$7,086
Jan 200024112125.272.48$6,390
Dec 199923611824.282.42$6,016
Nov 199920410423.192.43$4,984
Oct 199918011820.982.80$4,107
Sep 199917619521.752.62$4,339
Aug 199919217919.262.88$4,213
Jul 199918419517.892.37$3,754
Jun 19999511415.942.36$1,784
May 199917524215.792.32$3,325
Apr 199919025815.102.21$3,439
Mar 199920718412.471.84$2,920
Feb 19991691549.981.82$1,967
Jan 199915418710.381.90$1,954
Dec 19981661999.201.77$1,880
Nov 199816216510.892.19$2,125
Oct 199824521112.421.97$3,458
Sep 199833920212.592.08$4,689
Aug 199826718911.301.91$3,378
Jul 199829022211.742.24$3,901
Jun 199818516611.242.24$2,451
May 199820522112.622.21$3,075
Apr 199823119813.042.51$3,508
Mar 199819317712.802.31$2,879
Feb 199816416313.952.30$2,663
Jan 199816316914.702.15$2,760
Dec 199713915416.322.41$2,640
Nov 199710311118.193.09$2,216
Oct 199713825319.253.15$3,453
Sep 199712423517.742.95$2,894
Aug 199710818917.862.55$2,412
Jul 199715526117.582.25$3,311
Jun 199712726217.242.26$2,781
May 199712028918.972.31$2,944
Apr 199715027817.882.08$3,261
Mar 199715331218.951.94$3,504
Feb 199715723620.492.21$3,738
Jan 199714431123.483.54$4,482
Dec 199610929123.32$2,542
Nov 199616026721.97$3,515
Oct 199618833023.31$4,382
Sep 199619772022.22$4,377
Aug 199618376720.26$3,708
Jul 199619275319.55$3,754
Jun 199614953218.73$2,791
May 19961791,08919.43$3,478
Apr 19962351,35521.51$5,055
Mar 19962921,83319.38$5,659
Feb 19963911,32616.98$6,639
Jan 19963131,23017.07$5,343
Dec 19952961,24017.19$5,088
Nov 19952551,00716.00$4,080
Oct 19952761,02715.43$4,259
Sep 19952461,05516.18$3,980
Aug 19952661,29415.92$4,235
Jul 19952901,37715.24$4,420
Jun 19953141,01016.41$5,153
May 19952991,12817.56$5,250
Apr 19952501,22017.73$4,433
Mar 19952621,23816.44$4,307
Feb 19952741,15916.58$4,543
Jan 19953171,17115.92$5,047
Dec 19943061,04515.03$4,599
Nov 19942921,38815.90$4,643
Oct 19942791,22615.58$4,347
Sep 19942831,47515.29$4,327
Aug 19943141,12516.13$5,065
Jul 19943271,08417.56$5,742
Jun 19942791,04317.09$4,768
May 199435285415.88$5,590
Apr 199429393714.14$4,143
Mar 199432387112.46$4,025
Feb 199437883512.50$4,725
Jan 199448963812.66$6,191
Dec 199321273412.33$2,614
Nov 199350970614.49$7,375
Oct 199336390115.85$5,754
Sep 199331765415.03$4,765
Aug 199332386415.66$5,058
Jul 19939181,05215.46$14,192
Jun 199327562916.79$4,617
May 199326349617.68$4,650
Apr 199329349618.05$5,289
Mar 199317861118.14$3,229
Feb 199323057317.90$4,117
Jan 199329560216.93$4,994

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
Oil                   63 bbl  × $106.41 =     $6,704
Casinghead gas       253 Mcf  × $  3.05 =       $771

────────────────────────────────────────────────────
Month total                                   $7,474

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/O/10964 is the state's own key, not one this site invented.