LEA, P.J. ET AL

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

Oil lease lease 28516District 08Field 52628680OilCasinghead gasSave
Value, all time
$68.7 M
Jan 1993 – Feb 2024
Value, last 12 filed months
$12.2 M
at the published price for each month
Months reported
374
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition864,013 bbl$61,761,965
Casinghead gasProduction1,534,329 Mcf$6,917,511
Total$68,679,475

47,376 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 (41)

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 31.4095, -102.5379. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.2 miles.

31.40979, -102.53683 · 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%
41 of 41 wells
With a plug date
17.1%
7 of 41 wells
Median depth
4,800 ft
41 wells filed one
Completion to plug
20.2 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
41100.0%
A plug date is filed
717.1%
BothOn the schedule and plugged. Neither fact cancels the other.
717.1%
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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 41 of 41 wells. Median 4,800 ft, with the middle half between 4,500 and 5,295 ft; the shallowest is 3,650 ft and the deepest 8,676 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

80s
90s
00s
10s
20s

Last completion by decade, 41 of 41 wells, Sep 1983 – Dec 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1983 – Dec 2025
41 of 41 wells
Plug dates filed
Apr 2003 – Oct 2018
7 of 41 wells; 34 filed none

Last completion to plug: a median of 20.2 years across the 7 wells that filed both dates, with the middle half between 19.5 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

41 wells

42-103335061854,800 ftDec 2025Yes
42-103324761183,650 ftMay 2025Yes
42-103372134004M5,055 ftJun 2023Yes
42-103372124003M5,150 ftMar 2023Yes
42-103372144005M5,138 ftMar 2023Yes
42-103372093907M5,107 ftMar 2023Yes
42-103370383905M5,325 ftDec 2022Yes
42-103370353904M5,320 ftDec 2022Yes
42-103368784601M5,300 ftApr 2022Yes
42-103368793901M5,295 ftApr 2022Yes
42-103368803902M5,296 ftApr 2022Yes
42-103369074604M5,320 ftApr 2022Yes
42-103368813903M5,293 ftMar 2022Yes
42-103323181104,500 ftMar 2022Yes
42-103320741054,750 ftMar 2022Yes
42-103369304001M5,295 ftMar 2022Yes
42-103347902308,105 ftFeb 2022Yes
42-103325101177,710 ftFeb 2022Yes
42-103347592294,788 ftOct 2021Yes
42-103360912348,577 ftOct 2021Yes
42-103336032198,676 ftSep 2021Yes
42-103330481464,800 ftJun 2021Yes
42-10300242254,625 ftJun 2021Yes
42-10300224135,092 ftMay 2021Yes
42-1030022224,365 ftMay 2021Yes
42-10336012231H4,205 ftMay 2021Yes
42-103335131794,800 ftMay 2021Yes
42-103323171094,750 ftApr 2021Yes
42-103329511354,800 ftApr 2021Yes
42-103328491334,775 ftMar 2021Yes
42-103324971194,740 ftMar 2021Yes
42-103328261324,767 ftMar 2021Yes
42-103328311144,750 ftJul 1997Sep 2017Yes
42-103335112208,050 ftApr 1997Yes
42-103336041914,175 ftFeb 1985Apr 2003Yes
42-103333261894,150 ftOct 1984Sep 2018Yes
42-103335091944,150 ftOct 1984Oct 2012Yes
42-103333681664,200 ftJan 1984Yes
42-103333241554,175 ftDec 1983Apr 2003Yes
42-103332581474,150 ftSep 1983Oct 2018Yes
42-103332151484,150 ftSep 1983Apr 2003Yes

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 (374)

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

374 months

Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202314,96540,63477.892.81$1,279,706
Oct 202313,97343,19185.443.09$1,327,196
Sep 202313,98842,14889.042.74$1,360,768
Aug 202316,48246,47480.522.67$1,451,350
Jul 202319,43355,66074.852.64$1,601,603
Jun 202313,43438,54068.962.26$1,013,450
May 202316,83742,51670.622.23$1,283,729
Apr 202316,74339,67678.122.24$1,396,749
Mar 202319,30639,66272.852.39$1,501,360
Feb 202318,41446,30575.112.47$1,497,249
Jan 202323,48558,13976.533.39$1,994,266
Dec 202223,47950,06476.415.73$2,080,851
Nov 202216,60538,19685.005.65$1,627,087
Oct 202217,07539,21587.185.86$1,718,546
Sep 202222,52451,24084.888.16$2,330,144
Aug 202225,61153,66494.529.13$2,910,552
Jul 202227,05952,776101.587.54$3,146,694
Jun 202233,58256,836115.097.98$4,318,345
May 202247,34967,476109.378.43$5,747,588
Apr 202223,73637,948104.226.84$2,733,239
Mar 202213,64824,833108.885.08$1,612,056
Feb 20229,98216,27691.054.86$987,944
Jan 202210,97818,43581.844.54$982,092
Dec 202113,81323,21571.323.90$1,075,661
Nov 202113,91724,36177.435.24$1,205,168
Oct 202113,91623,56579.795.71$1,245,005
Sep 202113,22422,94369.865.35$1,046,595
Aug 202116,85224,12066.024.22$1,214,370
Jul 202119,82625,76170.783.98$1,505,867
Jun 202118,21917,99969.493.38$1,326,886
May 202121,28826,80763.483.02$1,432,257
Apr 202116,24920,88860.362.76$1,038,408
Mar 202111,09311,96961.302.72$712,520
Feb 20212,9933,59357.805.55$192,929
Jan 20216,2124,42550.412.81$325,582
Dec 20206,3284,03644.642.68$293,280
Nov 20204,6872,21738.772.71$187,715
Oct 20202,9112,25036.972.48$113,196
Sep 20202,5041,70437.091.99$96,266
Aug 20201,0811,10739.982.39$45,859
Jul 20209701,05938.371.83$39,152
Jun 20201,03098634.901.69$37,614
May 2020013416.921.81$243
Apr 202073476314.751.80$12,203
Mar 20209791,89130.341.86$33,213
Feb 202025745149.881.98$13,712
Jan 2020435257.252.09$2,571
Dec 2019524459.012.30$3,170
Nov 2019354755.302.75$2,065
Oct 2019856753.472.42$4,707
Sep 20191098655.052.66$6,229
Aug 201928612953.112.30$15,487
Jul 201926118756.272.46$15,147
Jun 201919620452.782.49$10,853
May 201925918958.482.74$15,664
Apr 201921017662.632.75$13,636
Mar 201936025656.803.06$21,232
Feb 201921324950.852.79$11,526
Jan 201922024346.033.23$10,911
Dec 201826225446.594.19$13,270
Nov 201827926452.934.24$15,886
Oct 201832731861.443.40$21,171
Sep 201822130659.543.11$14,109
Aug 201828726559.403.07$17,860
Jul 201825329565.142.93$17,345
Jun 201824417460.183.08$15,219
May 201830346965.382.90$21,171
Apr 201827834263.842.90$18,740
Mar 201826540861.222.79$17,360
Feb 201824833061.782.77$16,234
Jan 201842228962.874.01$27,690
Dec 201722638157.272.92$14,056
Nov 201739134455.423.12$22,742
Oct 201731442349.292.98$16,739
Sep 201740843047.523.09$20,716
Aug 201750148245.373.00$24,178
Jul 201736260243.873.09$17,739
Jun 201753667142.493.09$24,846
May 201747652145.373.26$23,296
Apr 201749225347.933.21$24,394
Mar 201728220946.772.98$13,813
Feb 201727726850.452.95$14,766
Jan 201734738149.413.42$18,448
Dec 201639950148.763.72$21,320
Nov 201653746442.492.64$24,044
Oct 201642038146.193.09$20,577
Sep 201657831741.553.10$24,999
Aug 201644231641.442.92$19,241
Jul 201640450141.622.92$18,280
Jun 201659950945.352.69$28,532
May 201664448042.521.99$28,339
Apr 201650560336.561.99$19,663
Mar 20166411,03033.011.79$23,007
Feb 20165161,26126.472.06$16,261
Jan 201619780527.352.36$7,291
Dec 201524679132.362.00$9,544
Nov 201534163238.792.17$14,597
Oct 201559166143.552.43$27,342
Sep 201542057642.992.76$19,645
Aug 201539033440.162.87$16,622
Jul 201550339148.152.95$25,371
Jun 201526029656.152.88$15,452
May 201531619655.212.96$18,026
Apr 201525813549.822.71$13,219
Mar 201535939042.892.93$16,542
Feb 201542236844.662.98$19,942
Jan 201542540543.433.10$19,714
Dec 201446729254.693.59$26,589
Nov 201438328770.464.25$28,206
Oct 201439528578.303.90$32,040
Sep 201442433486.164.05$37,883
Aug 201434333089.394.04$31,992
Jul 201415126096.564.18$15,667
Jun 201435735298.164.74$36,711
May 201458645094.734.73$57,639
Apr 201460643095.944.81$60,208
Mar 201454336895.895.06$53,929
Feb 201449237997.406.19$50,268
Jan 201449623290.404.86$45,966
Dec 201329629091.824.35$28,442
Nov 20131,19830388.853.74$107,575
Oct 201358531197.423.78$58,166
Sep 2013357265104.113.72$38,152
Aug 2013129251104.253.52$14,332
Jul 2013182219102.523.72$19,473
Jun 201338418894.403.93$36,989
May 201334220794.834.15$33,291
Apr 201344130093.964.28$42,721
Mar 201358951893.623.91$57,169
Feb 201340235391.233.42$37,882
Jan 201363235291.603.42$59,095
Dec 201259938986.773.42$53,306
Nov 201244130286.953.62$39,440
Oct 201245332989.383.40$41,608
Sep 201241533894.672.92$40,274
Aug 201242528792.662.91$40,215
Jul 201237732785.133.02$33,082
Jun 201260339979.822.52$49,137
May 201249240291.612.49$46,072
Apr 2012493381101.652.00$50,874
Mar 2012523370105.052.22$55,763
Feb 2012311400101.102.57$32,470
Jan 201228243698.092.73$28,853
Dec 201125840796.873.24$26,311
Nov 201125640895.723.31$25,855
Oct 201125635684.983.65$23,054
Sep 201122932983.623.99$20,460
Aug 201126041383.404.15$23,398
Jul 201124340194.144.52$24,687
Jun 201125339692.904.64$25,341
May 201130636498.134.40$31,631
Apr 2011354375105.964.33$39,135
Mar 201139039096.364.06$39,163
Feb 201131629585.644.18$28,295
Jan 201139136086.504.59$35,473
Dec 201043745785.734.35$39,451
Nov 201043351380.843.80$36,951
Oct 201038154078.103.51$31,651
Sep 2010389072.633.98$28,253
Aug 201041838773.684.42$32,509
Jul 201037741372.554.74$29,308
Jun 201033236070.364.91$25,127
May 201037939971.124.24$28,644
Apr 201038734681.694.12$33,040
Mar 201045931178.394.39$37,346
Feb 201039435673.585.44$30,928
Jan 201034737574.365.96$28,039
Dec 200936344771.445.48$28,384
Nov 200938343574.593.75$30,200
Oct 200940139972.544.11$30,729
Sep 200942434165.543.06$28,834
Aug 200940540067.423.22$28,593
Jul 200949264761.133.46$32,317
Jun 200941452866.163.90$29,447
May 200943063154.743.93$26,015
Apr 200950340446.773.59$24,975
Mar 200955036342.144.06$24,650
Feb 200951539332.814.63$18,718
Jan 200951044735.865.37$20,689
Dec 200856946637.105.98$23,895
Nov 200855747155.496.86$34,139
Oct 200861846275.246.92$49,696
Sep 2008616450101.767.88$66,229
Aug 2008555554114.228.48$68,092
Jul 2008471438131.0811.39$66,727
Jun 2008498494131.3313.03$71,840
May 2008517539123.1711.57$69,917
Apr 2008537551110.3110.45$64,997
Mar 2008615593101.909.66$68,399
Feb 200860150292.538.77$60,013
Jan 200856149690.388.21$54,773
Dec 200765959088.337.30$62,518
Nov 200768058991.677.29$66,630
Oct 200760363282.856.92$54,333
Sep 200761289375.846.24$51,990
Aug 200764798669.066.39$50,980
Jul 200764789670.906.39$51,596
Jun 200759154062.007.55$40,718
May 200763972658.747.85$43,231
Apr 200769166759.617.81$46,397
Mar 200772064656.927.30$45,699
Feb 200765955255.108.22$40,846
Jan 200778770650.306.73$44,335
Dec 200683999856.656.92$54,434
Nov 20067731,02754.207.62$49,720
Oct 200678576754.906.01$47,709
Sep 200673589860.085.04$48,682
Aug 200676293568.717.34$59,220
Jul 20067481,04269.376.34$58,498
Jun 200672598566.286.38$54,341
May 200676893166.016.42$56,677
Apr 200675783364.397.36$54,875
Mar 200688797056.707.08$57,163
Feb 200674882357.597.75$49,456
Jan 200687683860.598.93$60,563
Dec 200571377954.9413.42$49,623
Nov 200578880454.6910.59$51,609
Oct 200574183958.3413.80$54,805
Sep 20056661,01161.4512.08$53,138
Aug 200587794461.519.80$63,192
Jul 200582091255.697.84$52,819
Jun 200576385852.337.38$46,261
May 20058651,00845.226.65$45,820
Apr 200580896349.207.36$46,842
Mar 20051,0561,06950.377.15$60,839
Feb 200583890545.226.31$43,607
Jan 200589590643.166.32$44,356
Dec 200493888439.866.75$43,357
Nov 20049001,00645.286.33$47,120
Oct 20049311,05749.706.52$53,157
Sep 200485595143.245.28$41,995
Aug 20048581,00642.375.55$41,937
Jul 20049011,05138.286.08$40,885
Jun 20049401,09936.106.43$41,004
May 20049721,02037.486.49$43,055
Apr 200483988734.475.86$34,117
Mar 200472282134.365.53$29,348
Feb 200478380832.455.51$29,860
Jan 200488990632.036.30$34,182
Dec 200394197030.266.30$34,587
Nov 200397492228.804.60$32,288
Oct 20039401,07628.174.76$31,601
Sep 200386092726.314.75$27,029
Aug 200394298529.765.13$33,087
Jul 20039181,14229.415.17$32,903
Jun 20038791,06528.565.98$31,476
May 200392592526.595.97$30,120
Apr 200393591126.675.41$29,862
Mar 20039391,51731.146.10$38,488
Feb 20039151,30733.487.93$40,993
Jan 20031,0711,50230.315.58$40,846
Dec 20029961,49426.914.85$34,054
Nov 20029451,35524.664.14$28,909
Oct 20028711,27026.464.23$28,418
Sep 20021,0451,18427.443.64$32,979
Aug 20021,0741,20425.963.16$31,691
Jul 20029601,49424.583.06$28,171
Jun 20028731,21523.733.34$24,772
May 20029541,39224.663.58$28,515
Apr 20029451,35623.653.51$27,112
Mar 20021,0961,50522.003.10$28,782
Feb 20021,0311,40018.222.38$22,111
Jan 20021,1031,59817.172.38$22,735
Dec 20011,1061,97416.932.36$23,392
Nov 20011,0881,87818.072.41$24,178
Oct 20011,1111,91319.782.53$26,813
Sep 20011,0282,04624.262.25$29,545
Aug 20019911,95324.873.05$30,609
Jul 20011,0051,72823.933.20$29,574
Jun 20011,0971,73024.563.82$33,558
May 20019202,01325.524.31$32,149
Apr 20019982,00724.685.34$35,339
Mar 20011,0362,13124.545.38$36,881
Feb 20019001,82027.755.77$35,471
Jan 20011,1362,24227.478.40$50,036
Dec 20001,1472,29526.889.12$51,768
Nov 20009932,12932.215.66$44,030
Oct 20001,0331,54331.235.15$40,200
Sep 20008991,64031.875.19$37,157
Aug 20009261,75329.644.54$35,407
Jul 20009191,77428.534.09$33,474
Jun 20001,0411,78129.304.40$38,333
May 20001,0021,79327.263.68$33,912
Apr 20001,0091,73124.513.12$30,124
Mar 20001,0802,04028.422.86$36,527
Feb 20001,0291,91927.622.73$33,653
Jan 20001,0361,97425.272.48$31,076
Dec 19991,0222,00324.282.42$29,669
Nov 19991,0342,06623.192.43$29,007
Oct 19991,0292,18620.982.80$27,717
Sep 19999682,08221.752.62$26,506
Aug 19999252,12019.262.88$23,912
Jul 19999452,19217.892.37$22,106
Jun 19999602,15115.942.36$20,383
May 19991,1222,39515.792.32$23,275
Apr 19991,1682,20115.102.21$22,497
Mar 19991,4012,26112.471.84$21,627
Feb 19991,3021,8079.981.82$16,279
Jan 19991,3852,05710.381.90$18,285
Dec 19981,4102,4879.201.77$17,382
Nov 19981,2772,13710.892.19$18,577
Oct 19981,0212,16312.421.97$16,940
Sep 19981,2302,55412.592.08$20,805
Aug 19981,3072,49211.301.91$19,522
Jul 19981,2892,39211.742.24$20,484
Jun 19981,3161,88611.242.24$19,011
May 19981,3252,35112.622.21$21,909
Apr 19981,2662,31213.042.51$22,301
Mar 19981,3802,25412.802.31$22,869
Feb 19981,3491,57913.952.30$22,449
Jan 19981,5041,86514.702.15$26,127
Dec 19971,9141,89116.322.41$35,796
Nov 19971,7111,86118.193.09$36,870
Oct 19971,2581,74719.253.15$29,719
Sep 19971,7801,78617.742.95$36,855
Aug 19971,5882,70317.862.55$35,267
Jul 199738293117.582.25$8,807
Jun 199744998217.242.26$9,957
May 19977701,32218.972.31$17,659
Apr 199765789017.882.08$13,601
Mar 199753361718.951.94$11,297
Feb 199751059220.492.21$11,756
Jan 199761873423.483.54$17,109
Dec 199656080423.32$13,059
Nov 199656972621.97$12,501
Oct 199664698023.31$15,058
Sep 199656668822.22$12,577
Aug 199656961620.26$11,528
Jul 199653879319.55$10,518
Jun 199660180518.73$11,257
May 199662887419.43$12,202
Apr 199666773021.51$14,347
Mar 199675989019.38$14,709
Feb 199666174516.98$11,224
Jan 199674285017.07$12,666
Dec 199569179217.19$11,878
Nov 199564574516.00$10,320
Oct 199568477315.43$10,554
Sep 199562081716.18$10,032
Aug 199561894315.92$9,839
Jul 199558486215.24$8,900
Jun 199560977316.41$9,994
May 199566888817.56$11,730
Apr 199568583017.73$12,145
Mar 199568577516.44$11,261
Feb 199560469816.58$10,014
Jan 199562875415.92$9,998
Dec 199462386415.03$9,364
Nov 199474590415.90$11,846
Oct 199471891315.58$11,186
Sep 19945651,05615.29$8,639
Aug 19947721,51416.13$12,452
Jul 19943171,01617.56$5,567
Jun 19945171,01217.09$8,836
May 199454492515.88$8,639
Apr 199460289914.14$8,512
Mar 199464279812.46$7,999
Feb 199450576012.50$6,313
Jan 19946311,01112.66$7,988
Dec 19936501,16312.33$8,015
Nov 19936491,18314.49$9,404
Oct 19937551,45115.85$11,967
Sep 19939131,47115.03$13,722
Aug 19931,0361,57315.66$16,224
Jul 19937941,34315.46$12,275
Jun 19937641,46416.79$12,828
May 19938851,46817.68$15,647
Apr 19938361,31018.05$15,090
Mar 19938921,48018.14$16,181
Feb 19939321,33417.90$16,683
Jan 19939781,31316.93$16,558

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.

Nov 2023 — as filed, then multipliedworked
Oil               14,965 bbl  × $ 77.89 = $1,165,624
Casinghead gas    40,634 Mcf  × $  2.81 =   $114,082

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Month total                               $1,279,706

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/28516 is the state's own key, not one this site invented.