LEA, KATIE W. A/C 5

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

Oil lease lease 15268District 08Field 80473248Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$211 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 452 leases and 1,103 wells, and the rule below applies to all of them.

Discovered
1960-09-01
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 2025-01-29.

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: ORDER 8-48935 EFF. 6/6/62.

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
NGPA12none

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
OilDisposition66,702 bbl$3,001,481
Casinghead gasProduction305,684 Mcf$807,582
Total$3,809,063

81,021 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 (16)

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 31.4886, -102.5726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 4.0 miles.

31.47616, -102.57264 · 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
56.3%
9 of 16 wells
With a plug date
50.0%
8 of 16 wells
Median depth
3,602 ft
14 wells filed one
Completion to plug
16.7 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
956.3%
A plug date is filed
850.0%
BothOn the schedule and plugged. Neither fact cancels the other.
850.0%
NeitherNo plug date, and not on the schedule.
743.8%

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, 14 of 16 wells. Median 3,602 ft, with the middle half between 3,450 and 3,700 ft; the shallowest is 3,270 ft and the deepest 5,445 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, 9 of 16 wells, Jan 1974 – Mar 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1974 – Mar 2023
9 of 16 wells; 7 filed none
Plug dates filed
Aug 1980 – Feb 2022
8 of 16 wells; 8 filed none

Last completion to plug: a median of 16.7 years across the 3 wells that filed both dates, with the middle half between 16.7 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

16 wells

42-10303634123,575 ftAug 1980Yes
42-10303639173,336 ftJan 2014Yes
42-10303642203,270 ftFeb 2022Yes
42-10330919343,700 ftAug 1980Yes
42-10330922353,500 ftAug 1980Yes
42-1030363311
42-1033071029
42-10335028925,445 ftMar 2023
42-10303635133,478 ftOct 2005Yes
42-10330867313,700 ftMay 2005Jan 2022Yes
42-10303636143,628 ftMay 2005Jan 2022Yes
42-10303638163,320 ftApr 1981
42-10303632103,440 ftSep 1978
42-10330921333,756 ftMay 1974
42-1030363195,260 ftMar 1974
42-10330868323,700 ftJan 1974Dec 2012Yes

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 20261292,170106.413.05$20,336
Apr 20261112,03098.932.87$16,807
Mar 20261542,17089.753.15$20,656
Feb 20261141,96063.503.75$14,590
Jan 2026952,08659.138.00$22,301
Dec 20251192,10856.664.41$16,046
Nov 20251442,06158.593.93$16,529
Oct 20251462,17059.383.30$15,841
Sep 20251642,10062.743.08$16,751
Aug 20251312,17163.933.01$14,920
Jul 20251682,16666.743.32$18,393
Jun 20251682,11366.483.13$17,780
May 20251733,52860.553.23$21,879
Apr 202518047662.363.54$12,911
Mar 2025821,11067.704.27$10,289
Feb 2025501,40970.884.34$9,660
Jan 2025601,86074.324.28$12,418
Dec 20241771,99568.993.12$18,438
Nov 20241832,73569.052.20$18,649
Oct 20241972,92171.372.28$20,724
Sep 20242122,69969.612.36$21,139
Aug 20242422,45475.632.06$23,367
Jul 20242571,78679.932.15$24,376
Jun 20242751,45078.082.63$25,291
May 20242681,70978.812.20$24,878
Apr 20242901,57784.451.66$27,107
Mar 20243591,37680.301.55$30,954
Feb 20242802,08476.091.78$25,022
Jan 20242652,26873.023.30$26,829
Dec 20232552,55871.262.61$24,850
Nov 20232822,52077.892.81$29,040
Oct 20232772,52085.443.09$31,447
Sep 20232622,43689.042.74$29,991
Aug 20232912,60480.522.67$30,392
Jul 20235592,66474.852.64$48,879
Jun 20235062,61168.962.26$40,791
May 20235782,42070.622.23$46,209
Apr 20235411,44578.122.24$45,496
Mar 20237231,30972.852.39$55,803
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 202297094.529.13$9,168
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 2020149014.751.80$2,198
Mar 20200030.341.86$0
Feb 202003249.881.98$63
Jan 202003457.252.09$71
Dec 201903459.012.30$78
Nov 201903355.302.75$91
Oct 20191683453.472.42$9,065
Sep 201903355.052.66$88
Aug 20191573453.112.30$8,417
Jul 20191803456.272.46$10,212
Jun 20191643352.782.49$8,738
May 20191693458.482.74$9,976
Apr 20191593262.632.75$10,046
Mar 20191633456.803.06$9,363
Feb 20191633150.852.79$8,375
Jan 20193413446.033.23$15,806
Dec 20181593446.594.19$7,550
Nov 20183173352.934.24$16,919
Oct 20181773461.443.40$10,990
Sep 201816012159.543.11$9,902
Aug 201833310459.403.07$20,099
Jul 201816010465.142.93$10,727
Jun 201816410860.183.08$10,202
May 201816410965.382.90$11,039
Apr 201833710563.842.90$21,819
Mar 201817310861.222.79$10,892
Feb 201832410661.782.77$20,310
Jan 201832311262.874.01$20,756
Dec 2017011557.272.92$336
Nov 201730911055.423.12$17,468
Oct 2017011649.292.98$346
Sep 201716110847.523.09$7,984
Aug 2017010345.373.00$309
Jul 201715610343.873.09$7,162
Jun 201717711342.493.09$7,870
May 201716511845.373.26$7,871
Apr 201715811747.933.21$7,949
Mar 20173417946.772.98$16,184
Feb 20171638450.452.95$8,471
Jan 20171779749.413.42$9,077
Dec 201617510748.763.72$8,931
Nov 201616911242.492.64$7,477
Oct 201617811046.193.09$8,562
Sep 201616011241.553.10$6,995
Aug 201616611541.442.92$7,215
Jul 201617711541.622.92$7,703
Jun 201633311045.352.69$15,397
May 201607842.521.99$155
Apr 201615911636.561.99$6,044
Mar 201616712033.011.79$5,728
Feb 201617811026.472.06$4,939
Jan 201616911627.352.36$4,896
Dec 20153129632.362.00$10,288
Nov 2015010438.792.17$225
Oct 201515511343.552.43$7,024
Sep 201516810542.992.76$7,512
Aug 2015011540.162.87$330
Jul 201515911448.152.95$7,992
Jun 201516510656.152.88$9,570
May 201517810855.212.96$10,147
Apr 201508449.822.71$227
Mar 201536010042.892.93$15,734
Feb 201504344.662.98$128
Jan 20151679843.433.10$7,557
Dec 20141907154.693.59$10,646
Nov 20141835370.464.25$13,120
Oct 20141659378.303.90$13,282
Sep 2014013386.164.05$538
Aug 201416713489.394.04$15,469
Jul 2014013896.564.18$577
Jun 2014011598.164.74$545
May 201434717294.734.73$33,684
Apr 201417117295.944.81$17,233
Mar 2014017195.895.06$865
Feb 201417415597.406.19$17,907
Jan 2014012990.404.86$627
Dec 20131719591.824.35$16,115
Nov 201316611288.853.74$15,168
Oct 2013016597.423.78$624
Sep 2013167160104.113.72$17,981
Aug 20130169104.253.52$595
Jul 2013176154102.523.72$18,616
Jun 201315516394.403.93$15,273
May 201316416794.834.15$16,245
Apr 201309393.964.28$398
Mar 201316116793.623.91$15,726
Feb 2013015191.233.42$516
Jan 201316912291.603.42$15,898
Dec 20120086.773.42$0
Nov 201218216186.953.62$16,409
Oct 201216915989.383.40$15,646
Sep 201208194.672.92$236
Aug 201217416792.662.91$16,609
Jul 2012013185.133.02$396
Jun 20121818879.822.52$14,669
May 2012012691.612.49$314
Apr 2012067101.652.00$134
Mar 2012180137105.052.22$19,213
Feb 2012182160101.102.57$18,811
Jan 201203998.092.73$107
Dec 201102396.873.24$75
Nov 201102595.723.31$83
Oct 20111598684.983.65$13,826
Sep 20111642083.623.99$13,793
Aug 201106283.404.15$257
Jul 2011011594.144.52$519
Jun 201115916092.904.64$15,513
May 201107498.134.40$326
Apr 2011087105.964.33$377
Mar 201115716496.364.06$15,794
Feb 201101985.644.18$79
Jan 201116813286.504.59$15,138
Dec 201017215585.734.35$15,419
Nov 20101653980.843.80$13,487
Oct 2010014378.103.51$502
Sep 2010016572.633.98$657
Aug 201016514973.684.42$12,816
Jul 2010016572.554.74$782
Jun 201017015170.364.91$12,703
May 201016911271.124.24$12,494
Apr 2010014381.694.12$590
Mar 201017116478.394.39$14,124
Feb 2010013973.585.44$756
Jan 2010016574.365.96$984
Dec 200917214771.445.48$13,094
Nov 200909474.593.75$353
Oct 2009010872.544.11$444
Sep 200916314365.543.06$11,121
Aug 200916718467.423.22$11,851
Jul 2009020761.133.46$717
Jun 200917118066.163.90$12,014
May 200915913554.743.93$9,234
Apr 200915314646.773.59$7,680
Mar 2009011842.144.06$479
Feb 200916511132.814.63$5,928
Jan 200916415835.865.37$6,730
Dec 200816914037.105.98$7,107
Nov 200816913655.496.86$10,311
Oct 200816613075.246.92$13,390
Sep 20080110101.767.88$866
Aug 2008158112114.228.48$18,997
Jul 2008162121131.0811.39$22,613
Jun 20080138131.3313.03$1,799
May 2008165160123.1711.57$22,175
Apr 2008165137110.3110.45$19,633
Mar 200817697101.909.66$18,872
Feb 2008014592.538.77$1,272
Jan 200816316490.388.21$16,078
Dec 200716816888.337.30$16,066
Nov 200717416591.677.29$17,154
Oct 2007021182.856.92$1,461
Sep 200716919375.846.24$14,022
Aug 200716323069.066.39$12,726
Jul 200717422670.906.39$13,780
Jun 200716912162.007.55$11,391
May 200717018758.747.85$11,453
Apr 200716717359.617.81$11,305
Mar 200717110256.927.30$10,478
Feb 20071669055.108.22$9,886
Jan 20071697950.306.73$9,032
Dec 200616910756.656.92$10,314
Nov 20061697454.207.62$9,723
Oct 200616915954.906.01$10,234
Sep 200616616260.085.04$10,789
Aug 200616313568.717.34$12,191
Jul 200615718069.376.34$12,033
Jun 200617019066.286.38$12,481
May 200616918666.016.42$12,351
Apr 20061702,06264.397.36$26,124
Mar 200616823456.707.08$11,183
Feb 20061669757.597.75$10,312
Jan 200634411860.598.93$21,897
Dec 200519612154.9413.42$12,392
Nov 200518021654.6910.59$12,131
Oct 20051963,16858.3413.80$55,140
Sep 200517050761.4512.08$16,571
Aug 200516944961.519.80$14,794
Jul 20051541055.697.84$4,051
Jun 200515836952.337.38$10,992
May 200517347545.226.65$10,982
Apr 200515428349.207.36$9,660
Mar 200533134450.377.15$19,134
Feb 200516616945.226.31$8,573
Jan 200534017643.166.32$15,787
Dec 200416912939.866.75$7,607
Nov 200433536345.286.33$17,467
Oct 200430636449.706.52$17,580
Sep 200414039743.245.28$8,151
Aug 200428839542.375.55$14,395
Jul 200414556238.286.08$8,970
Jun 200413749236.106.43$8,111
May 200426046737.486.49$12,778
Apr 200412747834.475.86$7,178
Mar 200416350534.365.53$8,393
Feb 200433849332.455.51$13,684
Jan 200433653332.036.30$14,120
Dec 200316365530.266.30$9,060
Nov 200316466328.804.60$7,770
Oct 200332680828.174.76$13,029
Sep 200314967226.314.75$7,112
Aug 200329666329.765.13$12,210
Jul 200314769729.415.17$7,927
Jun 200328357628.565.98$11,529
May 200328546026.595.97$10,326
Apr 200314931426.675.41$5,672
Mar 200314571531.146.10$8,874
Feb 200313075333.487.93$10,321
Jan 200326880630.315.58$12,622
Dec 200212985426.914.85$7,617
Nov 200213658824.664.14$5,786
Oct 200213174026.464.23$6,596
Sep 200217648027.443.64$6,574
Aug 200216976025.963.16$6,792
Jul 200217765924.583.06$6,368
Jun 200216970823.733.34$6,374
May 200217826824.663.58$5,350
Apr 200217945123.653.51$5,817
Mar 200216934922.003.10$4,801
Feb 200214751918.222.38$3,911
Jan 200217256517.172.38$4,296
Dec 200135860916.932.36$7,501
Nov 200117857918.072.41$4,609
Oct 200118275319.782.53$5,504
Sep 200135797024.262.25$10,845
Aug 200101,04424.873.05$3,188
Jul 20011761,05323.933.20$7,578
Jun 20013451,26524.563.82$13,311
May 20011731,27725.524.31$9,915
Apr 20015151,01624.685.34$18,131
Mar 20011671,20524.545.38$10,577
Feb 20011701,31827.755.77$12,319
Jan 200116865327.478.40$10,099
Dec 20003461,25626.889.12$20,758
Nov 20005071,50132.215.66$24,823
Oct 20003181,63431.235.15$18,339
Sep 20003321,62531.875.19$19,009
Aug 20001541,76229.644.54$12,565
Jul 20004741,84628.534.09$21,073
Jun 20003271,45729.304.40$15,988
May 20001681,95927.263.68$11,788
Apr 20004961,80624.513.12$17,784
Mar 20003182,10128.422.86$15,046
Feb 20001651,66127.622.73$9,086
Jan 20001651,72325.272.48$8,443
Dec 19991641,91224.282.42$8,616
Nov 19991641,82123.192.43$8,235
Oct 19993361,63920.982.80$11,645
Sep 19993402,00021.752.62$12,633
Aug 19993271,96019.262.88$11,934
Jul 19993312,05017.892.37$10,785
Jun 19993372,28915.942.36$10,779
May 19994991,59515.792.32$11,581
Apr 19991691,50215.102.21$5,868
Mar 199901,20412.471.84$2,213
Feb 19991711,2439.981.82$3,966
Jan 199901,19910.381.90$2,278
Dec 19981571,2809.201.77$3,714
Nov 19981671,30910.892.19$4,680
Oct 199801,69412.421.97$3,336
Sep 19981641,53812.592.08$5,268
Aug 19981661,33611.301.91$4,424
Jul 19981631,18111.742.24$4,556
Jun 19983461,60511.242.24$7,480
May 19984861,35912.622.21$9,132
Apr 19983421,41313.042.51$8,000
Mar 19981751,69812.802.31$6,161
Feb 19982361,55913.952.30$6,877
Jan 19982321,87714.702.15$7,455
Dec 19972351,91316.322.41$8,448
Nov 19973441,96718.193.09$12,332
Oct 19972291,89519.253.15$10,377
Sep 19974512,29717.742.95$14,788
Aug 19971462,46717.862.55$8,910
Jul 19972812,31817.582.25$10,148
Jun 19971372,27317.242.26$7,493
May 19972902,45418.972.31$11,166
Apr 19972182,26417.882.08$8,613
Mar 19972191,99318.951.94$8,015
Feb 199711,14920.492.21$2,555
Jan 19974411,40923.483.54$15,342
Dec 19961992,82923.32$4,641
Nov 199624862421.97$5,449
Oct 19961833,10023.31$4,266
Sep 19961771,99722.22$3,933
Aug 19963552,64420.26$7,192
Jul 199603,03419.55$0
Jun 19961802,72518.73$3,371
May 19961832,37119.43$3,556
Apr 19964012,56321.51$8,626
Mar 19962091,66019.38$4,050
Feb 19962031,69016.98$3,447
Jan 19964201,93917.07$7,169
Dec 199501,93617.19$0
Nov 199502,11116.00$0
Oct 19952172,41715.43$3,348
Sep 199501,72416.18$0
Aug 199501,68915.92$0
Jul 199502,03715.24$0
Jun 199502,38616.41$0
May 19952133,00517.56$3,740
Apr 199502,13817.73$0
Mar 19952122,91116.44$3,485
Feb 1995060116.58$0
Jan 199521260515.92$3,375
Dec 199420862315.03$3,126
Nov 1994062915.90$0
Oct 199421177515.58$3,287
Sep 199421186515.29$3,226
Aug 19944221,05316.13$6,807
Jul 19942051,03517.56$3,600
Jun 19942051,03617.09$3,503
May 19944091,08315.88$6,495
Apr 199420286114.14$2,856
Mar 19944271,11612.46$5,320
Feb 199421296412.50$2,650
Jan 19944171,16812.66$5,279
Dec 199320399612.33$2,503
Nov 199342390414.49$6,129
Oct 19932071,26715.85$3,281
Sep 19932021,23815.03$3,036
Aug 19934121,51615.66$6,452
Jul 19933221,49615.46$4,978
Jun 19931991,49116.79$3,341
May 19932011,48017.68$3,554
Apr 19934011,56218.05$7,238
Mar 19931846,15418.14$3,338
Feb 199341997217.90$7,500
Jan 1993206116.93$3,488

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                  129 bbl  × $106.41 =    $13,727
Casinghead gas     2,170 Mcf  × $  3.05 =     $6,609

────────────────────────────────────────────────────
Month total                                  $20,336

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/15268 is the state's own key, not one this site invented.