LEA, P.J. ET AL

Operated by STRONGHOLD ENERGY II OPER, LLC (P-5 827681) in the LEA, SOUTH (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12887District 08Field 52628200Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$7.6 M
Jan 1993 – Nov 2020
Value, last 12 filed months
$198 k
at the published price for each month
Months reported
335
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 3 leases and 17 wells, and the rule below applies to all of them.

Discovered
1958-08-13
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.

The Commission's schedule remark for this field reads: CONSOLIDATED INTO THE LEA (CONSOLIDATED) FIELD ON 11-15-2023

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
NGPA8none

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
OilDisposition179,019 bbl$6,747,411
Casinghead gasProduction318,232 Mcf$855,642
Total$7,603,053

104,370 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 (10)

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 31.4010, -102.5238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.40139, -102.52185 · 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
100.0%
10 of 10 wells
With a plug date
60.0%
6 of 10 wells
Median depth
4,450 ft
10 wells filed one
Completion to plug
19.7 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
10100.0%
A plug date is filed
660.0%
BothOn the schedule and plugged. Neither fact cancels the other.
660.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Total depth in feet, 10 of 10 wells. Median 4,450 ft, with the middle half between 4,432 and 4,740 ft; the shallowest is 4,389 ft and the deepest 8,740 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 10 wells, Aug 1983 – Dec 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1983 – Dec 2021
10 of 10 wells
Plug dates filed
Apr 2003 – Oct 2017
6 of 10 wells; 4 filed none

Last completion to plug: a median of 19.7 years across the 6 wells that filed both dates, with the middle half between 19.0 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-103335101884,440 ftDec 2021Yes
42-103329501344,813 ftMar 2020Yes
42-103332671598,740 ftSep 2015Yes
42-103336371954,750 ftFeb 2014Nov 2016Yes
42-103335141864,389 ftAug 1984Oct 2017Yes
42-103334692184,710 ftJul 1984Apr 2003Yes
42-103332661584,429 ftOct 1983Oct 2017Yes
42-103332521544,400 ftSep 1983Apr 2003Yes
42-103332211564,450 ftAug 1983Apr 2003Yes
42-103332181574,450 ftAug 1983Yes

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 (335)

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

335 months

Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20201,8281,31838.371.83$72,546
Jun 20201,24898934.901.69$45,227
May 20200616.921.81$11
Apr 20202,2821,29114.751.80$35,989
Mar 20201,17975030.341.86$37,163
Feb 202038049.881.98$1,895
Jan 202035057.252.09$2,004
Dec 201955059.012.30$3,246
Nov 2019454955.302.75$2,623
Oct 20196112153.472.42$3,554
Sep 2019295655.052.66$1,745
Aug 2019615353.112.30$3,362
Jul 2019826756.272.46$4,779
Jun 2019787052.782.49$4,291
May 2019793158.482.74$4,705
Apr 2019923962.632.75$5,869
Mar 201914020356.803.06$8,574
Feb 201928215750.852.79$14,778
Jan 2019108046.033.23$4,971
Dec 2018197046.594.19$9,178
Nov 201895052.934.24$5,028
Oct 201890061.443.40$5,530
Sep 2018116059.543.11$6,907
Aug 201821059.403.07$1,247
Jul 201888065.142.93$5,732
Jun 2018157060.183.08$9,448
May 2018252065.382.90$16,476
Apr 20184731363.842.90$30,234
Mar 201887061.222.79$5,326
Feb 2018301061.782.77$18,596
Jan 2018365062.874.01$22,948
Dec 20170057.272.92$0
Nov 201715155.423.12$834
Oct 2017201649.292.98$1,034
Sep 20175915747.523.09$3,288
Aug 201715519545.373.00$7,618
Jul 201737821743.873.09$17,253
Jun 201765224142.493.09$28,448
May 201775423445.373.26$34,973
Apr 201760622647.933.21$29,771
Mar 201791018146.772.98$43,101
Feb 20171,28924350.452.95$65,748
Jan 201783136249.413.42$42,297
Dec 201631031148.763.72$16,273
Nov 201648420442.492.64$21,105
Oct 201697332846.193.09$45,956
Sep 20161,35432241.553.10$57,257
Aug 20161,37034341.442.92$57,776
Jul 20161,34922841.622.92$56,812
Jun 20161,34914045.352.69$61,553
May 20161,30219442.521.99$55,747
Apr 201672124036.561.99$26,838
Mar 201667927833.011.79$22,913
Feb 20161,18932626.472.06$32,146
Jan 20161,38530427.352.36$38,599
Dec 20151,15132632.362.00$37,899
Nov 20151,26033538.792.17$49,601
Oct 20151,48536643.552.43$65,560
Sep 20151,81528942.992.76$78,824
Aug 201510911040.162.87$4,693
Jul 201511710248.152.95$5,934
Jun 20159510256.152.88$5,628
May 201515411155.212.96$8,830
Apr 201513211749.822.71$6,893
Mar 201515914242.892.93$7,236
Feb 201517212544.662.98$8,054
Jan 201517715443.433.10$8,165
Dec 201415311754.693.59$8,788
Nov 201414414070.464.25$10,742
Oct 201417420378.303.90$14,416
Sep 201417216886.164.05$15,499
Aug 201419015189.394.04$17,593
Jul 201412016896.564.18$12,289
Jun 201412917698.164.74$13,496
May 201416914094.734.73$16,671
Apr 201418916795.944.81$18,936
Mar 201419519595.895.06$19,685
Feb 201421413497.406.19$21,673
Jan 201420310590.404.86$18,862
Dec 201313811391.824.35$13,163
Nov 201349113688.853.74$44,134
Oct 201323115397.423.78$23,082
Sep 2013140133104.113.72$15,070
Aug 201349126104.253.52$5,552
Jul 201375124102.523.72$8,150
Jun 201317313094.403.93$16,843
May 201320913294.834.15$20,367
Apr 201323519293.964.28$22,903
Mar 201331433593.623.91$30,707
Feb 201321423491.233.42$20,323
Jan 201335522191.603.42$33,274
Dec 201240139386.773.42$36,139
Nov 201231030086.953.62$28,042
Oct 201236229989.383.40$33,372
Sep 201234330394.672.92$33,356
Aug 201237333592.662.91$35,536
Jul 201228229785.133.02$24,904
Jun 201244636079.822.52$36,507
May 201237036991.612.49$34,814
Apr 2012372349101.652.00$38,511
Mar 2012406338105.052.22$43,401
Feb 2012272295101.102.57$28,257
Jan 201243633998.092.73$43,694
Dec 201139532096.873.24$39,300
Nov 201138431495.723.31$37,796
Oct 201138127284.983.65$33,370
Sep 201134325383.623.99$29,690
Aug 201138931783.404.15$33,758
Jul 201135830694.144.52$35,084
Jun 201132431492.904.64$31,557
May 201125730598.134.40$26,563
Apr 2011287324105.964.33$31,815
Mar 201133435596.364.06$33,625
Feb 201127026885.644.18$24,243
Jan 201133835486.504.59$30,861
Dec 201031336985.734.35$28,438
Nov 201030038180.843.80$25,698
Oct 201026838178.103.51$22,268
Sep 2010313072.633.98$22,733
Aug 201029937573.684.42$23,688
Jul 201024334972.554.74$19,283
Jun 201021930270.364.91$16,892
May 201024337471.124.24$18,866
Apr 201020238981.694.12$18,105
Mar 201024244678.394.39$20,928
Feb 201025630073.585.44$20,469
Jan 201025621374.365.96$20,307
Dec 200923323471.445.48$17,929
Nov 200928531774.593.75$22,447
Oct 200927934972.544.11$21,673
Sep 200930639565.543.06$21,266
Aug 200924534367.423.22$17,622
Jul 200927935161.133.46$18,271
Jun 200932042766.163.90$22,834
May 200938642854.743.93$22,810
Apr 200931937746.773.59$16,272
Mar 200932640042.144.06$15,361
Feb 200939429832.814.63$14,308
Jan 200945342035.865.37$18,500
Dec 200843344137.105.98$18,700
Nov 200842951155.496.86$27,311
Oct 200848657075.246.92$40,512
Sep 2008374538101.767.88$42,296
Aug 2008434661114.228.48$55,179
Jul 2008440543131.0811.39$63,860
Jun 2008405752131.3313.03$62,989
May 2008429819123.1711.57$62,319
Apr 2008437754110.3110.45$56,088
Mar 2008476780101.909.66$56,042
Feb 200850576992.538.77$53,472
Jan 200844773790.388.21$46,447
Dec 200750872988.337.30$50,195
Nov 200749569791.677.29$50,459
Oct 200743071282.856.92$40,554
Sep 200745592175.846.24$40,258
Aug 20074591,03969.066.39$38,336
Jul 200746394270.906.39$38,844
Jun 200741860662.007.55$30,490
May 200748696458.747.85$36,111
Apr 20074371,09159.617.81$34,565
Mar 20073921,05456.927.30$30,009
Feb 200738284855.108.22$28,015
Jan 20075611,18250.306.73$36,169
Dec 200651285756.656.92$34,934
Nov 200644787954.207.62$30,923
Oct 20065071,31854.906.01$35,760
Sep 20064801,08560.085.04$34,304
Aug 20065241,35468.717.34$45,942
Jul 20066381,36069.376.34$52,884
Jun 20065851,86566.286.38$50,680
May 200656981766.016.42$42,809
Apr 200642840364.397.36$30,525
Mar 200644347756.707.08$28,497
Feb 200637738757.597.75$24,711
Jan 200653842460.598.93$36,385
Dec 200551134954.9413.42$32,756
Nov 200553435254.6910.59$32,932
Oct 200569746858.3413.80$47,119
Sep 200550843161.4512.08$36,423
Aug 200543755161.519.80$32,278
Jul 200537448555.697.84$24,632
Jun 200542349552.337.38$25,789
May 200551363045.226.65$27,388
Apr 200544259249.207.36$26,104
Mar 200550061850.377.15$29,607
Feb 200543657245.226.31$23,326
Jan 200548165443.166.32$24,895
Dec 200449769239.866.75$24,482
Nov 200454664145.286.33$28,781
Oct 200449766249.706.52$29,014
Sep 200445469043.245.28$23,277
Aug 200450372042.375.55$25,309
Jul 200454179438.286.08$25,540
Jun 200455078036.106.43$24,873
May 200453664737.486.49$24,291
Apr 200447760134.475.86$19,963
Mar 200447162234.365.53$19,623
Feb 200450061032.455.51$19,586
Jan 200452466732.036.30$20,986
Dec 200350069030.266.30$19,478
Nov 200346672628.804.60$16,757
Oct 200355773828.174.76$19,203
Sep 200354369726.314.75$17,597
Aug 200350786329.765.13$19,515
Jul 200354376529.415.17$19,925
Jun 200348381028.565.98$18,641
May 200355273126.595.97$19,044
Apr 200345975026.675.41$16,297
Mar 20034301,02231.146.10$19,620
Feb 200354386433.487.93$25,028
Jan 20036451,02330.315.58$25,260
Dec 20025831,00226.914.85$20,552
Nov 20025441,12624.664.14$18,073
Oct 20025271,20826.464.23$19,053
Sep 20025751,54927.443.64$21,409
Aug 20025791,48125.963.16$19,717
Jul 20024901,16124.583.06$15,599
Jun 20024791,14423.733.34$15,186
May 20025261,25324.663.58$17,462
Apr 20025031,22723.653.51$16,206
Mar 20025301,27822.003.10$15,625
Feb 20024821,06318.222.38$11,307
Jan 20025951,14817.172.38$12,943
Dec 200151089416.932.36$10,748
Nov 200150293418.072.41$11,318
Oct 200157688919.782.53$13,641
Sep 200160499624.262.25$16,895
Aug 20015901,14224.873.05$18,160
Jul 20015741,46923.933.20$18,432
Jun 20016201,42724.563.82$20,684
May 20015851,10625.524.31$19,693
Apr 200160687424.685.34$19,619
Mar 200165294824.545.38$21,097
Feb 200157482027.755.77$20,658
Jan 200177596027.478.40$29,352
Dec 200078389126.889.12$29,175
Nov 200064283832.215.66$25,420
Oct 200067858631.235.15$24,189
Sep 20007151,22031.875.19$29,115
Aug 20007681,31429.644.54$28,730
Jul 20007381,36228.534.09$26,625
Jun 20008081,37229.304.40$29,707
May 20007891,34527.263.68$26,457
Apr 20008221,29424.513.12$24,179
Mar 20007501,37728.422.86$25,253
Feb 20007241,29627.622.73$23,530
Jan 20008571,29825.272.48$24,876
Dec 19998231,25824.282.42$23,031
Nov 19998341,34623.192.43$22,617
Oct 19998451,45420.982.80$21,805
Sep 19998311,57621.752.62$22,202
Aug 19997951,56719.262.88$19,818
Jul 19998161,61417.892.37$18,427
Jun 19997891,58115.942.36$16,311
May 19998141,79615.792.32$17,022
Apr 19997551,65015.102.21$15,044
Mar 19996571,72512.471.84$11,364
Feb 19994891,6569.981.82$7,890
Jan 19996371,88710.381.90$10,197
Dec 19986511,6219.201.77$8,864
Nov 19986711,89210.892.19$11,443
Oct 19987251,79312.421.97$12,535
Sep 19988171,92412.592.08$14,293
Aug 19986982,27011.301.91$12,217
Jul 19986212,08911.742.24$11,964
Jun 19986262,13711.242.24$11,817
May 19986812,39412.622.21$13,876
Apr 19986432,43613.042.51$14,488
Mar 19987332,63812.802.31$15,475
Feb 19985862,58013.952.30$14,106
Jan 19988143,03414.702.15$18,503
Dec 19977573,17516.322.41$20,009
Nov 19977632,68018.193.09$22,156
Oct 19978483,69519.253.15$27,963
Sep 19977523,76017.742.95$24,451
Aug 19979463,39517.862.55$25,569
Jul 19978944,20117.582.25$25,156
Jun 19978634,04217.242.26$24,002
May 19978604,82118.972.31$27,443
Apr 19977423,24517.882.08$20,026
Mar 19977132,55318.951.94$18,462
Feb 19976942,26420.492.21$19,214
Jan 19975252,36023.483.54$20,681
Dec 19967962,31523.32$18,563
Nov 19966542,62321.97$14,368
Oct 19966792,41923.31$15,827
Sep 19966301,87722.22$13,999
Aug 19966811,99320.26$13,797
Jul 19966711,83819.55$13,118
Jun 19967301,81918.73$13,673
May 19967491,95619.43$14,553
Apr 19967041,92621.51$15,143
Mar 19968532,03019.38$16,531
Feb 19967891,89116.98$13,397
Jan 19968351,89317.07$14,253
Dec 19958161,90817.19$14,027
Nov 19957811,87016.00$12,496
Oct 19957502,10315.43$11,573
Sep 19957482,14816.18$12,103
Aug 19958082,44215.92$12,863
Jul 19958272,21515.24$12,603
Jun 19957772,34616.41$12,751
May 19958632,36917.56$15,154
Apr 19958062,07817.73$14,290
Mar 19958992,06016.44$14,780
Feb 19957231,89816.58$11,987
Jan 19957442,18015.92$11,844
Dec 19948252,17215.03$12,400
Nov 19948942,35115.90$14,215
Oct 19948592,50115.58$13,383
Sep 19947752,67715.29$11,850
Aug 19948272,28516.13$13,340
Jul 19945392,29317.56$9,465
Jun 19948832,29017.09$15,090
May 19947622,31615.88$12,101
Apr 19948572,19214.14$12,118
Mar 19949492,32912.46$11,825
Feb 19947452,17412.50$9,313
Jan 19949422,23112.66$11,926
Dec 19938162,03512.33$10,061
Nov 19938522,03214.49$12,345
Oct 19939592,06015.85$15,200
Sep 19931,0082,38915.03$15,150
Aug 19931,0552,37215.66$16,521
Jul 19931,0332,33915.46$15,970
Jun 19938732,36616.79$14,658
May 19931,0422,47117.68$18,423
Apr 19939252,42818.05$16,696
Mar 19939492,12818.14$17,215
Feb 19939961,61317.90$17,828
Jan 19939572,12916.93$16,202

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.

Jul 2020 — as filed, then multipliedworked
Oil                1,828 bbl  × $ 38.37 =    $70,140
Casinghead gas     1,318 Mcf  × $  1.83 =     $2,406

────────────────────────────────────────────────────
Month total                                  $72,546

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/12887 is the state's own key, not one this site invented.