LEA, P.J. ET AL

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

Oil lease lease 29275District 08Field 52628600Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$13.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$70 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 5 wells, and the rule below applies to all of them.

Discovered
1957-04-30
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-07-01.

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
NGPA3none

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
OilDisposition284,499 bbl$12,627,754
Casinghead gasProduction287,407 Mcf$1,116,004
Total$13,743,758

40,515 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 (5)

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 31.4045, -102.5304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.40735, -102.53540 · 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
40.0%
2 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
8,600 ft
5 wells filed one
Completion to plug
33.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
360.0%

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

Between 6,700 and 8,765 ft, median 8,600 ft, over the 5 wells that filed a depth.

Completions filed
Aug 1984 – Jul 2021
5 of 5 wells
Plug dates filed
Sep 2018
1 of 5 wells; 4 filed none

Last completion to plug: a median of 33.9 years across the 1 well that filed both dates, with the middle half between 33.9 years and 33.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1033341818,765 ftJul 2021Yes
42-10311033658,240 ftNov 2004
42-10333437211H8,646 ftAug 2003
42-103335192266,700 ftOct 1984Sep 2018Yes
42-103334812138,600 ftAug 1984

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 202684206106.413.05$9,566
Apr 20264941398.932.87$6,033
Mar 20268039689.753.15$8,427
Feb 20266516263.503.75$4,735
Jan 20265114959.138.00$4,207
Dec 20255116756.664.41$3,627
Nov 20255419058.593.93$3,910
Oct 20256820659.383.30$4,719
Sep 20256616962.743.08$4,661
Aug 20255714163.933.01$4,069
Jul 20255622766.743.32$4,490
Jun 202515239866.483.13$11,350
May 202519554160.553.23$13,556
Apr 202519446762.363.54$13,752
Mar 202511428667.704.27$8,939
Feb 20258026870.884.34$6,834
Jan 202512343674.324.28$11,007
Dec 202419054268.993.12$14,800
Nov 20246834369.052.20$5,449
Oct 2024977671.372.28$7,096
Sep 2024492569.612.36$3,470
Aug 2024702875.632.06$5,352
Jul 2024655079.932.15$5,303
Jun 202411911578.082.63$9,594
May 202422433178.812.20$18,381
Apr 202411832084.451.66$10,496
Mar 202421251080.301.55$17,812
Feb 202418079076.091.78$15,105
Jan 20243121,33773.023.30$27,191
Dec 20232711,23571.262.61$22,536
Nov 202324994977.892.81$22,059
Oct 202322396285.443.09$22,023
Sep 20232431,17689.042.74$24,853
Aug 20233051,42380.522.67$28,362
Jul 202323553274.852.64$18,995
Jun 202341363368.962.26$29,910
May 202312218270.622.23$9,021
Apr 202311318878.122.24$9,248
Mar 202322963072.852.39$18,190
Feb 202316819575.112.47$13,099
Jan 202333038676.533.39$26,563
Dec 202232955076.415.73$28,290
Nov 202223837585.005.65$22,347
Oct 202228041787.185.86$26,856
Sep 202229339184.888.16$28,062
Aug 202229241194.529.13$31,351
Jul 2022288458101.587.54$32,709
Jun 2022297520115.097.98$38,330
May 2022368468109.378.43$44,195
Apr 2022321330104.226.84$35,711
Mar 2022275369108.885.08$31,815
Feb 202220337291.054.86$20,291
Jan 202227841181.844.54$24,617
Dec 202119831071.323.90$15,330
Nov 202123027177.435.24$19,228
Oct 202120030279.795.71$17,684
Sep 202119629169.865.35$15,250
Aug 202115224966.024.22$11,086
Jul 202118827670.783.98$14,406
Jun 202149135169.493.38$35,306
May 202119128863.483.02$12,994
Apr 202125332760.362.76$16,173
Mar 202116627261.302.72$10,915
Feb 202132522957.805.55$20,055
Jan 20219535350.412.81$5,781
Dec 202030338944.642.68$14,567
Nov 202042536738.772.71$17,471
Oct 202015422936.972.48$6,261
Sep 202017712837.091.99$6,820
Aug 20202569939.982.39$10,471
Jul 202018915638.371.83$7,537
Jun 202017929834.901.69$6,751
May 20200516.921.81$9
Apr 202037533514.751.80$6,136
Mar 202038536130.341.86$12,351
Feb 202035539349.881.98$18,486
Jan 202014926657.252.09$9,087
Dec 201920427959.012.30$12,681
Nov 20199012355.302.75$5,315
Oct 201910614753.472.42$6,023
Sep 20194729155.052.66$3,361
Aug 20198928053.112.30$5,372
Jul 20198728056.272.46$5,584
Jun 20199128252.782.49$5,506
May 20199931358.482.74$6,647
Apr 201915523862.632.75$10,362
Mar 201910727056.803.06$6,904
Feb 201921520950.852.79$11,516
Jan 20198231846.033.23$4,801
Dec 20189633446.594.19$5,871
Nov 20184227052.934.24$3,367
Oct 2018318661.443.40$2,197
Sep 2018439359.543.11$2,849
Aug 2018347159.403.07$2,237
Jul 2018744665.142.93$4,955
Jun 20188917560.183.08$5,894
May 201816657165.382.90$12,509
Apr 201832833963.842.90$21,923
Mar 20186843361.222.79$5,370
Feb 201822939961.782.77$15,251
Jan 201837332662.874.01$24,758
Dec 2017051357.272.92$1,499
Nov 201715751355.423.12$10,301
Oct 20178353949.292.98$5,699
Sep 201717752247.523.09$10,023
Aug 20172951,12445.373.00$16,761
Jul 20173231,46843.873.09$18,702
Jun 20172171,36742.493.09$13,441
May 20172221,80145.373.26$15,950
Apr 20173401,68347.933.21$21,701
Mar 20175972,34046.772.98$34,904
Feb 20176281,55750.452.95$36,280
Jan 20174031,78349.413.42$26,008
Dec 20164351,31948.763.72$26,121
Nov 20165491,21842.492.64$26,548
Oct 20164602,09646.193.09$27,725
Sep 20166442,63141.553.10$34,916
Aug 20166901,31041.442.92$32,424
Jul 20167893,07941.622.92$41,842
Jun 20168003,76545.352.69$46,392
May 20166762,56942.521.99$33,859
Apr 20162922,16336.561.99$14,982
Mar 20162402,32933.011.79$12,101
Feb 20164012,49226.472.06$15,757
Jan 20163993,43927.352.36$19,044
Dec 20156053,42832.362.00$26,439
Nov 20155194,04638.792.17$28,901
Oct 20155693,36843.552.43$32,953
Sep 20154971,54642.992.76$25,631
Aug 201538850540.162.87$17,033
Jul 201532726448.152.95$16,523
Jun 201544939956.152.88$26,362
May 201538139955.212.96$22,214
Apr 201550136449.822.71$25,945
Mar 201535529842.892.93$16,100
Feb 201533214744.662.98$15,265
Jan 201530736343.433.10$14,459
Dec 201448637254.693.59$27,915
Nov 201453931470.464.25$39,313
Oct 201455050378.303.90$45,027
Sep 201454159586.164.05$49,020
Aug 201484632089.394.04$76,915
Jul 201489356296.564.18$88,577
Jun 201449527498.164.74$49,887
May 20141879994.734.73$18,182
Apr 20143158795.944.81$30,639
Mar 201464633395.895.06$63,629
Feb 201464827497.406.19$64,812
Jan 201491224690.404.86$83,641
Dec 20131,02932391.824.35$95,889
Nov 201388930088.853.74$80,109
Oct 201380123097.423.78$78,903
Sep 2013567104104.113.72$59,417
Aug 2013661251104.253.52$69,793
Jul 2013415409102.523.72$44,066
Jun 201366247194.403.93$64,345
May 201356445294.834.15$55,360
Apr 201379448293.964.28$76,668
Mar 201395754793.623.91$91,735
Feb 201362954891.233.42$59,258
Jan 20131,02565091.603.42$96,113
Dec 201289161886.773.42$79,426
Nov 201270255886.953.62$63,062
Oct 201280355189.383.40$73,645
Sep 201281157394.672.92$78,450
Aug 201298972592.662.91$93,749
Jul 201289759385.133.02$78,153
Jun 201292566879.822.52$75,516
May 201280683791.612.49$75,920
Apr 2012910829101.652.00$94,157
Mar 2012771828105.052.22$82,833
Feb 2012909764101.102.57$93,864
Jan 20121,0331,65398.092.73$105,846
Dec 20111,1871,44796.873.24$119,673
Nov 20111,11483695.723.31$109,400
Oct 201168464284.983.65$60,469
Sep 201179568383.623.99$69,200
Aug 201192183883.404.15$80,289
Jul 201198990294.144.52$97,179
Jun 201187781892.904.64$85,269
May 201153965698.134.40$55,782
Apr 2011651711105.964.33$72,061
Mar 201179469696.364.06$79,334
Feb 201130758885.644.18$28,749
Jan 201158895586.504.59$55,244
Dec 201063482785.734.35$57,948
Nov 201057182780.843.80$49,298
Oct 201060888078.103.51$50,573
Sep 2010644072.633.98$46,774
Aug 201062997073.684.42$50,632
Jul 201060384872.554.74$47,764
Jun 20107071,05770.364.91$54,935
May 201064684671.124.24$49,527
Apr 201068489381.694.12$59,558
Mar 201056993678.394.39$48,712
Feb 201054598473.585.44$45,456
Jan 201057895774.365.96$48,688
Dec 200955688471.445.48$44,568
Nov 20094911,00874.593.75$40,405
Oct 200924770772.544.11$20,823
Sep 20098836965.543.06$6,898
Aug 200925165967.423.22$19,043
Jul 200926271961.133.46$18,507
Jun 200931469566.163.90$23,481
May 200947975454.743.93$29,180
Apr 200960086246.773.59$31,154
Mar 20098711,15542.144.06$41,392
Feb 20094841,03732.814.63$20,684
Jan 20097011,02735.865.37$30,654
Dec 200877894237.105.98$34,494
Nov 200878282455.496.86$49,046
Oct 200881591175.246.92$67,627
Sep 2008678918101.767.88$76,224
Aug 20087601,203114.228.48$97,012
Jul 20081,0681,235131.0811.39$154,059
Jun 20089661,582131.3313.03$147,482
May 20081,1561,784123.1711.57$163,033
Apr 20081,4241,990110.3110.45$177,887
Mar 20081,7572,776101.909.66$205,866
Feb 20089891,31892.538.77$103,072
Jan 200898877490.388.21$95,647
Dec 200791272888.337.30$85,873
Nov 200773483991.677.29$73,404
Oct 200772088282.856.92$65,757
Sep 200779090375.846.24$65,552
Aug 200781796669.066.39$62,593
Jul 200780698670.906.39$63,444
Jun 200767370862.007.55$47,070
May 200776090458.747.85$51,735
Apr 20077611,01559.617.81$53,285
Mar 200782293156.927.30$53,586
Feb 200775987455.108.22$49,002
Jan 200784793050.306.73$48,860
Dec 200684685856.656.92$53,862
Nov 200688882054.207.62$54,376
Oct 200685478754.906.01$51,617
Sep 200668066060.085.04$44,179
Aug 200670964868.717.34$53,472
Jul 200672686169.376.34$55,824
Jun 200672173866.286.38$52,499
May 200685179166.016.42$61,257
Apr 200679878064.397.36$57,124
Mar 200690180056.707.08$56,753
Feb 200676676857.597.75$50,067
Jan 200680371960.598.93$55,077
Dec 200582675554.9413.42$55,509
Nov 20058101,14254.6910.59$56,391
Oct 20058901,06558.3413.80$66,615
Sep 200585454961.4512.08$59,110
Aug 200585572861.519.80$59,723
Jul 200591174955.697.84$56,608
Jun 200592380252.337.38$54,220
May 200591073545.226.65$46,039
Apr 200581965649.207.36$45,123
Mar 200596675650.377.15$54,067
Feb 200585555145.226.31$42,141
Jan 20051,0151,03543.166.32$50,351
Dec 20041,0821,11039.866.75$50,622
Nov 200493099045.286.33$48,378
Oct 200482380049.706.52$46,115
Sep 20041,08699443.245.28$52,211
Aug 20041,10691942.375.55$51,962
Jul 20041,5771,40438.286.08$68,910
Jun 20041,3791,30036.106.43$58,145
May 20041,4941,41837.486.49$65,204
Apr 20041,1271,28034.475.86$46,347
Mar 20041,4281,29334.365.53$56,217
Feb 20041,2201,31032.455.51$46,807
Jan 20041,4461,32532.036.30$54,662
Dec 20031,6122,05030.266.30$61,697
Nov 20031,7442,53228.804.60$61,862
Oct 20031,6692,63128.174.76$59,538
Sep 20031,1031,29026.314.75$35,147
Aug 20031,3961,31429.765.13$48,285
Jul 20031,1381,08829.415.17$39,094
Jun 20031,2911,29228.565.98$44,601
May 20031,3911,02526.595.97$43,109
Apr 20031,44993626.675.41$43,706
Mar 20031,83453831.146.10$60,390
Feb 20031,21339533.487.93$43,742
Jan 20031,54557830.315.58$50,055
Dec 20021,51949426.914.85$43,274
Nov 20021,46259124.664.14$38,498
Oct 20021,54354426.464.23$43,128
Sep 20021,34385527.443.64$39,960
Aug 20021,5011,99125.963.16$45,266
Jul 20021,78879424.583.06$46,380
Jun 20022,07184623.733.34$51,969
May 20022,11385824.663.58$55,182
Apr 20022,14370923.653.51$53,172
Mar 20022,73075322.003.10$62,396
Feb 20022,35047618.222.38$43,948
Jan 20022,00250317.172.38$35,569
Dec 20011,01939816.932.36$18,193
Nov 200188633118.072.41$16,806
Oct 200179537619.782.53$16,676
Sep 200187930524.262.25$22,011
Aug 200177836224.873.05$20,454
Jul 200177037923.933.20$19,638
Jun 200179820424.563.82$20,379
May 20011,08437025.524.31$29,257
Apr 200186734624.685.34$23,244
Mar 200199635024.545.38$26,324
Feb 200194431827.755.77$28,030
Jan 200194835627.478.40$29,032
Dec 200094235026.889.12$28,514
Nov 200081142632.215.66$28,533
Oct 200084430331.235.15$27,917
Sep 200096729731.875.19$32,359
Aug 200083529329.644.54$26,080
Jul 200090633028.534.09$27,198
Jun 200087034229.304.40$26,995
May 20001,01536627.263.68$29,016
Apr 200097032724.513.12$24,794
Mar 200094233528.422.86$27,730
Feb 200092130527.622.73$26,270
Jan 200096235925.272.48$25,200
Dec 19991,04135624.282.42$26,138
Nov 19991,00229123.192.43$23,945
Oct 19991,06731920.982.80$23,280
Sep 199999329321.752.62$22,365
Aug 19991,04726619.262.88$20,930
Jul 19991,02531217.892.37$19,077
Jun 199992440015.942.36$15,673
May 19991,03848515.792.32$17,516
Apr 19991,11750415.102.21$17,980
Mar 199995320312.471.84$12,257
Feb 19997244789.981.82$8,094
Jan 19991,03337010.381.90$11,426
Dec 19989933939.201.77$9,833
Nov 19981,10633210.892.19$12,770
Oct 19981,08131612.421.97$14,048
Sep 199893930312.592.08$12,453
Aug 19981,00028411.301.91$11,842
Jul 199889133311.742.24$11,205
Jun 199894824911.242.24$11,213
May 19981,00833112.622.21$13,451
Apr 199891031513.042.51$12,656
Mar 199890828312.802.31$12,276
Feb 199878816313.952.30$11,367
Jan 199897725314.702.15$14,907
Dec 199779324816.322.41$13,540
Nov 199783433618.193.09$16,208
Oct 199786238019.253.15$17,790
Sep 199786141417.742.95$16,497
Aug 199796540517.862.55$18,270
Jul 199753241417.582.25$10,283
Jun 199769526117.242.26$12,571
May 199779028918.972.31$15,653
Apr 199794629517.882.08$17,529
Mar 199782030718.951.94$16,134
Feb 199775233420.492.21$16,145
Jan 199790541423.483.54$22,715
Dec 199688640723.32$20,662
Nov 199688142021.97$19,356
Oct 19961,02146223.31$23,800
Sep 199693967522.22$20,865
Aug 19961,00481220.26$20,341
Jul 19961,03692119.55$20,254
Jun 199698459418.73$18,430
May 19961,1651,34619.43$22,636
Apr 19961,0081,04521.51$21,682
Mar 19961,06944019.38$20,717
Feb 199689888416.98$15,248
Jan 19961,11989517.07$19,101
Dec 19951,02487917.19$17,603
Nov 19951,07786916.00$17,232
Oct 19951,19293315.43$18,393
Sep 19951,0351,00716.18$16,746
Aug 19951,0641,07715.92$16,939
Jul 19951,0961,02015.24$16,703
Jun 19951,1521,04316.41$18,904
May 19951,15087217.56$20,194
Apr 19951,11686417.73$19,787
Mar 19951,23450616.44$20,287
Feb 19951,19252716.58$19,763
Jan 19951,39561615.92$22,208
Dec 19941,14485515.03$17,194
Nov 19941,07733115.90$17,124
Oct 19941,02985215.58$16,032
Sep 19941,0011,23915.29$15,305
Aug 19941,0851,01316.13$17,501
Jul 19941,1471,03117.56$20,141
Jun 19941,06694917.09$18,218
May 19941,1041,01815.88$17,532
Apr 19941,11857014.14$15,809
Mar 19941,12573212.46$14,018
Feb 19941,08064212.50$13,500
Jan 199499639912.66$12,609
Dec 19931,05553212.33$13,008
Nov 199383458714.49$12,085
Oct 19931,04894215.85$16,611
Sep 19939441,44615.03$14,188
Aug 19931,05594915.66$16,521
Jul 19939791,20615.46$15,135
Jun 19931,0951,07716.79$18,385
May 19939681,04417.68$17,114
Apr 19931,04076818.05$18,772
Mar 19931,12990118.14$20,480
Feb 19931,1091,08417.90$19,851
Jan 19931,1941,23416.93$20,214

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                   84 bbl  × $106.41 =     $8,938
Casinghead gas       206 Mcf  × $  3.05 =       $627

────────────────────────────────────────────────────
Month total                                   $9,566

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/29275 is the state's own key, not one this site invented.