LEA, P.J. ET AL

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

Oil lease lease 31279District 08Field 52624500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 2 leases and 9 wells, and the rule below applies to all of them.

Discovered
1954-02-12
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.

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
OilDisposition292,872 bbl$18,027,555
Casinghead gasProduction242,089 Mcf$1,361,373
Total$19,388,928

17,255 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 (7)

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 31.4174, -102.5440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.41704, -102.54410 · 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
42.9%
3 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
8,140 ft
7 wells filed one
Completion to plug
17.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
457.1%

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 7,710 and 8,265 ft, median 8,140 ft, over the 7 wells that filed a depth.

Completions filed
Jun 1987 – Feb 2022
7 of 7 wells
Plug dates filed
Oct 2018 – Nov 2019
2 of 7 wells; 5 filed none

Last completion to plug: a median of 17.8 years across the 2 wells that filed both dates, with the middle half between 10.4 years and 25.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-103347902308,105 ftFeb 2022Yes
42-103325101177,710 ftFeb 2022
42-1030021068,140 ftAug 2019
42-1030022058,265 ftSep 2015Oct 2018Yes
42-10311032648,110 ftAug 2007
42-10311033658,240 ftNov 2004
42-1030021398,165 ftJun 1987Nov 2019Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
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 20220094.529.13$0
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 202047036.972.48$1,738
Sep 202033037.091.99$1,224
Aug 20207421039.982.39$3,459
Jul 20205426838.371.83$2,561
Jun 20206231334.901.69$2,693
May 2020046216.921.81$838
Apr 202010335214.751.80$2,154
Mar 20209435730.341.86$3,515
Feb 202010429149.881.98$5,764
Jan 20205324557.252.09$3,547
Dec 201913725259.012.30$8,665
Nov 20198324955.302.75$5,275
Oct 20198024253.472.42$4,863
Sep 20192820555.052.66$2,086
Aug 20192467953.112.30$2,839
Jul 2019027656.272.46$679
Jun 201916352.782.49$210
May 2019216358.482.74$564
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
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 201828062.874.01$1,760
Dec 20170057.272.92$0
Nov 201736855.423.12$2,020
Oct 2017201949.292.98$1,042
Sep 201744047.523.09$2,091
Aug 201776045.373.00$3,448
Jul 201793743.873.09$4,102
Jun 201784242.493.09$3,575
May 2017943645.373.26$4,382
Apr 2017106047.933.21$5,081
Mar 2017133646.772.98$6,238
Feb 20171902850.452.95$9,668
Jan 20171433849.413.42$7,196
Dec 20161368448.763.72$6,944
Nov 20161035542.492.64$4,522
Oct 2016113046.193.09$5,219
Sep 2016137041.553.10$5,692
Aug 20161623241.442.92$6,807
Jul 2016197041.622.92$8,199
Jun 201652045.352.69$2,358
May 201672042.521.99$3,061
Apr 201618036.561.99$658
Mar 201616033.011.79$528
Feb 201627026.472.06$715
Jan 201627027.352.36$738
Dec 201549032.362.00$1,586
Nov 201526038.792.17$1,009
Oct 2015741043.552.43$3,247
Sep 20151541742.992.76$6,667
Aug 201512813240.162.87$5,520
Jul 201513314448.152.95$6,828
Jun 201515718456.152.88$9,346
May 201516422955.212.96$9,731
Apr 201540737849.822.71$21,300
Mar 201545350542.892.93$20,911
Feb 201540947144.662.98$19,668
Jan 201534151743.433.10$16,413
Dec 201456559854.693.59$33,047
Nov 201451457970.464.25$38,678
Oct 201417230678.303.90$14,661
Sep 201418753786.164.05$18,284
Aug 201448187589.394.04$46,527
Jul 201457866296.564.18$58,579
Jun 201461657898.164.74$63,204
May 201435352594.734.73$35,921
Apr 201450341095.944.81$50,230
Mar 201462260095.895.06$62,678
Feb 201458164897.406.19$60,602
Jan 201473667290.404.86$69,801
Dec 201374388891.824.35$72,089
Nov 20136311,06788.853.74$60,053
Oct 201358257097.423.78$58,853
Sep 2013405449104.113.72$43,834
Aug 2013445489104.253.52$48,114
Jul 2013281521102.523.72$30,745
Jun 201344250194.403.93$43,695
May 201345461994.834.15$45,621
Apr 201365060293.964.28$63,652
Mar 201379356093.623.91$76,432
Feb 201352753691.233.42$49,911
Jan 201388122991.603.42$81,483
Dec 201286451186.773.42$76,717
Nov 201270170286.953.62$63,497
Oct 20127181,00489.383.40$67,588
Sep 20127221,29694.672.92$72,134
Aug 20128981,04092.662.91$86,233
Jul 20129121,09485.133.02$80,943
Jun 20129471,29879.822.52$78,859
May 20127321,28391.612.49$70,251
Apr 2012767722101.652.00$79,407
Mar 2012777410105.052.22$82,535
Feb 20127331,380101.102.57$77,653
Jan 20121,1022,37298.092.73$114,580
Dec 20111,2662,55796.873.24$130,921
Nov 20111,13053295.723.31$109,925
Oct 201173745884.983.65$64,301
Sep 201197430683.623.99$82,666
Aug 20111,13720983.404.15$95,693
Jul 20111,19916094.144.52$113,597
Jun 20111,20416592.904.64$112,617
May 20111,11431298.134.40$110,691
Apr 20111,183540105.964.33$127,691
Mar 20111,36572296.364.06$134,461
Feb 201164850585.644.18$57,606
Jan 20111,52293286.504.59$135,930
Dec 20101,85885485.734.35$162,999
Nov 20101,5731,14980.843.80$131,522
Oct 20101,5761,33178.103.51$127,756
Sep 20101,833072.633.98$133,131
Aug 20101,8381,92273.684.42$143,918
Jul 20101,9151,95772.554.74$148,203
Jun 20102,1431,71870.364.91$159,218
May 20101,9962,63271.124.24$153,103
Apr 20102,5982,88781.694.12$224,133
Mar 20102,4402,25878.394.39$201,181
Feb 20102,5111,88773.585.44$195,029
Jan 20102,6901,57674.365.96$209,428
Dec 20092,4991,50771.445.48$186,793
Nov 20092,8172,19674.593.75$218,358
Oct 20092,7893,38672.544.11$216,231
Sep 20092,2542,98465.543.06$156,872
Aug 20092,7012,93067.423.22$191,532
Jul 20092,4012,81161.133.46$156,512
Jun 20092,6792,28666.163.90$186,147
May 20092,3611,62654.743.93$135,624
Apr 20091,8201,96646.773.59$92,174
Mar 20092,2102,02142.144.06$101,333
Feb 20091,8151,09832.814.63$64,637
Jan 20092,2291,24035.865.37$86,592
Dec 20081,7651,35437.105.98$73,575
Nov 20081,7681,46855.496.86$108,177
Oct 20082,0042,26775.246.92$166,473
Sep 20081,9712,307101.767.88$218,741
Aug 20081,8842,192114.228.48$233,785
Jul 20082,0712,045131.0811.39$294,758
Jun 20082,2932,188131.3313.03$329,655
May 20082,7441,942123.1711.57$360,456
Apr 20082,9512,200110.3110.45$348,526
Mar 20083,1551,606101.909.66$337,015
Feb 20083,6311,72592.538.77$351,106
Jan 20084,2902,40390.388.21$407,449
Dec 20075,0003,08888.337.30$464,198
Nov 20071,4031,64191.677.29$140,579
Oct 20072,1792,26582.856.92$196,208
Sep 20071,8042,42875.846.24$151,976
Aug 20071,6492,42269.066.39$129,352
Jul 20079351,34570.906.39$74,883
Jun 200776472562.007.55$52,841
May 20071,4852,03958.747.85$103,227
Apr 20071,4571,50359.617.81$98,583
Mar 20071,3761,29456.927.30$87,771
Feb 20071,4111,18855.108.22$87,507
Jan 20071,5771,43850.306.73$88,996
Dec 20061,5252,01856.656.92$100,353
Nov 20061,6482,25554.207.62$106,499
Oct 20061,7382,14954.906.01$108,340
Sep 20061,8441,73860.085.04$119,542
Aug 20061,9652,17568.717.34$150,979
Jul 20061,8872,30169.376.34$145,496
Jun 20062,0762,39866.286.38$152,906
May 20062,3632,75566.016.42$173,683
Apr 20062,4302,85364.397.36$177,467
Mar 20062,9142,84456.707.08$185,368
Feb 20062,1162,01457.597.75$137,471
Jan 20062,6332,64160.598.93$183,126
Dec 20052,6322,99854.9413.42$184,821
Nov 20052,8872,93954.6910.59$189,009
Oct 20053,2643,00858.3413.80$231,919
Sep 20053,1322,71561.4512.08$225,256
Aug 20053,6572,90761.519.80$253,421
Jul 20056,4334,01455.697.84$389,738
Jun 20056,3613,72752.337.38$360,380
May 20056,9323,72445.226.65$338,234
Apr 20057,1823,83749.207.36$381,597
Mar 20052,2701,29950.377.15$123,634
Feb 20052,1471,16145.226.31$104,415
Jan 20052,3991,36043.166.32$112,139
Dec 20042,7191,30639.866.75$117,196
Nov 20042,6751,25245.286.33$129,050
Oct 20043,1291,52649.706.52$165,453
Sep 20045,7192,59343.245.28$260,991
Aug 20047,3853,26142.375.55$331,003
Jul 20044,7782,24838.286.08$196,579
Jun 20042,7931,36836.106.43$109,628
May 20043,6941,70637.486.49$149,531
Apr 200447138234.475.86$18,473
Mar 200439131634.365.53$15,182
Feb 200435128232.455.51$12,944
Jan 200440730132.036.30$14,932
Dec 200341426830.266.30$14,216
Nov 200339130028.804.60$12,639
Oct 200338723028.174.76$11,997
Sep 200331328526.314.75$9,589
Aug 200336246829.765.13$13,174
Jul 200338842629.415.17$13,614
Jun 200339952928.565.98$14,560
May 200345931026.595.97$14,056
Apr 200337241726.675.41$12,176
Mar 200342230331.146.10$14,988
Feb 200328912833.487.93$10,690
Jan 200335217430.315.58$11,640
Dec 200236616326.914.85$10,640
Nov 200234219624.664.14$9,245
Oct 200238823926.464.23$11,277
Sep 200238418227.443.64$11,199
Aug 20023826325.963.16$10,116
Jul 200228812224.583.06$7,453
Jun 200233114023.733.34$8,322
May 200232816224.663.58$8,669
Apr 200234219823.653.51$8,784
Mar 200242819622.003.10$10,024
Feb 20023809318.222.38$7,145
Jan 20023219317.172.38$5,733
Dec 200137711816.932.36$6,662
Nov 200132515218.072.41$6,238
Oct 200131918019.782.53$6,765
Sep 200144017524.262.25$11,068
Aug 200158515224.873.05$15,013
Jul 200153815223.933.20$13,360
Jun 200153710224.563.82$13,579
May 200150112925.524.31$13,341
Apr 20013609324.685.34$9,381
Mar 20013546924.545.38$9,058
Feb 20011386927.755.77$4,227
Jan 20013738827.478.40$10,985
Dec 200054811826.889.12$15,807
Nov 200052710632.215.66$17,574
Oct 20003837731.235.15$12,357
Sep 20001423631.875.19$4,712
Aug 20001143629.644.54$3,542
Jul 20001342828.534.09$3,938
Jun 20001312929.304.40$3,966
May 20001453627.263.68$4,085
Apr 20001363424.513.12$3,439
Mar 20001323428.422.86$3,849
Feb 20001393427.622.73$3,932
Jan 20001622725.272.48$4,161
Dec 19991772724.282.42$4,363
Nov 19991471923.192.43$3,455
Oct 19991481820.982.80$3,156
Sep 19991774921.752.62$3,978
Aug 19992245519.262.88$4,472
Jul 19992296417.892.37$4,249
Jun 19991545515.942.36$2,585
May 19991756315.792.32$2,909
Apr 19991924915.102.21$3,007
Mar 19992405712.471.84$3,098
Feb 19993052049.981.82$3,415
Jan 199921526510.381.90$2,735
Dec 19982212829.201.77$2,533
Nov 199820723110.892.19$2,759
Oct 199814421612.421.97$2,214
Sep 199811021012.592.08$1,822
Aug 199828921411.301.91$3,674
Jul 199824617111.742.24$3,271
Jun 19982321311.242.24$2,637
May 199817616812.622.21$2,592
Apr 199820912313.042.51$3,034
Mar 199822024312.802.31$3,377
Feb 199818611813.952.30$2,866
Jan 199817114814.702.15$2,833
Dec 199728216916.322.41$5,010
Nov 199727910418.193.09$5,396
Oct 199729922519.253.15$6,464
Sep 199714317717.742.95$3,060
Aug 199727621917.862.55$5,489
Jul 199716018817.582.25$3,235
Jun 199720314917.242.26$3,836
May 199719123618.972.31$4,168
Apr 199722624417.882.08$4,549
Mar 199722516618.951.94$4,586
Feb 199716112620.492.21$3,577
Jan 199721928423.483.54$6,147
Dec 199623522423.32$5,480
Nov 199624017021.97$5,273
Oct 199628118123.31$6,550
Sep 199628116322.22$6,244
Aug 199624213720.26$4,903
Jul 199622925319.55$4,477
Jun 199623829818.73$4,458
May 199628030319.43$5,440
Apr 199630457421.51$6,539
Mar 199630427519.38$5,892
Feb 199624629016.98$4,177
Jan 199631731017.07$5,411
Dec 199535325517.19$6,068
Nov 199528530816.00$4,560
Oct 199533436115.43$5,154
Sep 199527336816.18$4,417
Aug 199528533815.92$4,537
Jul 199529232215.24$4,450
Jun 199534537416.41$5,661
May 199535833317.56$6,286
Apr 199528031817.73$4,964
Mar 199532247516.44$5,294
Feb 199527742616.58$4,593
Jan 199533847815.92$5,381
Dec 199412925015.03$1,939
Nov 199420630715.90$3,275
Oct 199422451315.58$3,490
Sep 199423144115.29$3,532
Aug 199425741716.13$4,145
Jul 199426841017.56$4,706
Jun 199422436717.09$3,828
May 199429540815.88$4,685
Apr 199426235714.14$3,705
Mar 199426229312.46$3,265
Feb 199428227012.50$3,525
Jan 199426327112.66$3,330
Dec 199321432712.33$2,639
Nov 199326530714.49$3,840
Oct 199332226915.85$5,104
Sep 199326630715.03$3,998
Aug 199329832415.66$4,667
Jul 199330537215.46$4,715
Jun 199330437916.79$5,104
May 199327172217.68$4,791
Apr 199329463018.05$5,307
Mar 199330570018.14$5,533
Feb 199333464917.90$5,979
Jan 199329143116.93$4,927

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.

Oct 2020 — as filed, then multipliedworked
Oil                   47 bbl  × $ 36.97 =     $1,738
Casinghead gas         0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $1,738

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/31279 is the state's own key, not one this site invented.