LEA, P.J. ET AL

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

Oil lease lease 3448District 08Field 52624300Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$6.4 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 9 leases and 32 wells, and the rule below applies to all of them.

Discovered
1953-06-10
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
NGPA5none

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
OilDisposition289,750 bbl$5,943,716
Casinghead gasProduction235,494 Mcf$406,571
Total$6,350,287

128,610 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 (17)

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 31.4158, -102.5487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

31.41560, -102.55120 · 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
82.4%
14 of 17 wells
With a plug date
17.6%
3 of 17 wells
Median depth
8,215 ft
17 wells filed one
Completion to plug
7.4 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
1482.4%
A plug date is filed
317.6%
BothOn the schedule and plugged. Neither fact cancels the other.
317.6%
NeitherNo plug date, and not on the schedule.
317.6%

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, 17 of 17 wells. Median 8,215 ft, with the middle half between 8,110 and 8,339 ft; the shallowest is 4,365 ft and the deepest 9,456 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, 17 of 17 wells, Dec 1983 – Nov 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
Dec 1983 – Nov 2025
17 of 17 wells
Plug dates filed
Feb 2008 – Nov 2019
3 of 17 wells; 14 filed none

Last completion to plug: a median of 7.4 years across the 3 wells that filed both dates, with the middle half between 5.3 years and 19.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

17 wells

42-10300235108,395 ftNov 2025Yes
42-103370282000WI9,456 ftMar 2024
42-103347902308,105 ftFeb 2022Yes
42-103325101177,710 ftFeb 2022Yes
42-1030021578,339 ftNov 2021Yes
42-10300226208,280 ftSep 2021Yes
42-1030022224,365 ftMay 2021Yes
42-1030021068,140 ftAug 2019
42-1030022058,265 ftSep 2015Oct 2018Yes
42-10311032648,110 ftAug 2007Yes
42-10311033658,240 ftNov 2004Yes
42-1030021118,400 ftJun 2001
42-103002124 C8,215 ftSep 2000Feb 2008Yes
42-10300228118,100 ftJun 1997Yes
42-1030021398,165 ftJun 1987Nov 2019Yes
42-1030022312 C8,186 ftFeb 1984Yes
42-1030023638,359 ftDec 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 (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 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 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
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 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20052,2181,11750.377.15$119,713
Feb 200556445545.226.31$28,376
Jan 20051,2871,30043.166.32$63,766
Dec 20041,3451,29839.866.75$62,375
Nov 20041,2521,22345.286.33$64,433
Oct 20041,2321,29749.706.52$69,680
Sep 20048781,05743.245.28$43,550
Aug 20049171,10242.375.55$44,970
Jul 20041,0891,14638.286.08$48,659
Jun 200484971036.106.43$35,216
May 20041,03382537.486.49$44,075
Apr 20041,23175634.475.86$46,862
Mar 20041,52978934.365.53$56,900
Feb 20041,36177632.455.51$48,440
Jan 20042,0612,02632.036.30$78,777
Dec 20032,0631,86930.266.30$74,204
Nov 20032,0372,21028.804.60$68,821
Oct 20032,2941,65228.174.76$72,485
Sep 20032,3052,16926.314.75$70,946
Aug 20032,6012,45029.765.13$89,974
Jul 20032,1662,15129.415.17$74,825
Jun 20031,9871,97028.565.98$68,535
May 20032,3862,13626.595.97$76,201
Apr 20032,2342,16226.675.41$71,271
Mar 20031,60097031.146.10$55,737
Feb 200396645933.487.93$35,980
Jan 200397247130.315.58$32,090
Dec 20021,01045126.914.85$29,368
Nov 200289445324.664.14$23,920
Oct 20021,05055426.464.23$30,126
Sep 200294849727.443.64$27,820
Aug 200296417425.963.16$25,576
Jul 200287854124.583.06$23,238
Jun 200294862823.733.34$24,592
May 200294963624.663.58$25,682
Apr 200282951123.653.51$21,401
Mar 20021,16556122.003.10$27,371
Feb 20021,22134518.222.38$23,066
Jan 20021,09146617.172.38$19,840
Dec 20011,34467116.932.36$24,340
Nov 20011,6131,04718.072.41$31,665
Oct 20011,91992919.782.53$40,307
Sep 20012,5781,25024.262.25$65,356
Aug 20011,74067324.873.05$45,329
Jul 200189140923.933.20$22,629
Jun 20011,03452324.563.82$27,395
May 20011,26746925.524.31$34,354
Apr 20011,04445624.685.34$28,199
Mar 20011,06645624.545.38$28,611
Feb 20011,29352727.755.77$38,920
Jan 20011,31453727.478.40$40,606
Dec 20001,34254526.889.12$41,045
Nov 20001,20240832.215.66$41,025
Oct 20001,39537531.235.15$45,495
Sep 20001,48966731.875.19$50,914
Aug 20001,33565729.644.54$42,553
Jul 20001,34751828.534.09$40,548
Jun 20001,08343129.304.40$33,627
May 20001,44069627.263.68$41,816
Apr 20001,38670024.513.12$36,152
Mar 20001,49970528.422.86$44,618
Feb 20001,56171227.622.73$45,056
Jan 20001,55556225.272.48$40,689
Dec 19991,57756824.282.42$39,666
Nov 19991,54052623.192.43$36,993
Oct 19991,76055420.982.80$38,478
Sep 19991,71465921.752.62$39,005
Aug 19991,63575219.262.88$33,653
Jul 19991,72397717.892.37$33,142
Jun 19991,64478115.942.36$28,050
May 19991,79492315.792.32$30,470
Apr 19991,33746615.102.21$21,218
Mar 19991,49160012.471.84$19,696
Feb 19991,5891,4309.981.82$18,458
Jan 19991,7191,85310.381.90$21,364
Dec 19981,6311,9779.201.77$18,511
Nov 19981,5651,62210.892.19$20,588
Oct 19981,2981,50912.421.97$19,093
Sep 19981,2581,47012.592.08$18,900
Aug 19981,3481,51411.301.91$18,120
Jul 19981,5531,36011.742.24$21,275
Jun 19981,6313,77011.242.24$26,767
May 19982,1551,34212.622.21$30,157
Apr 19981,8601,05013.042.51$26,885
Mar 19981,7431,05612.802.31$24,749
Feb 19982,01293913.952.30$30,226
Jan 19981,9281,13214.702.15$30,781
Dec 19971,9871,35416.322.41$35,692
Nov 19972,18486818.193.09$42,408
Oct 19972,3561,95619.253.15$51,514
Sep 19972,3971,65217.742.95$47,404
Aug 19972,2571,79417.862.55$44,893
Jul 19971,9091,56317.582.25$37,072
Jun 19972,1001,41317.242.26$39,393
May 19971,9672,26618.972.31$42,545
Apr 19972,0052,34917.882.08$40,742
Mar 19972,0301,44818.951.94$41,276
Feb 19971,9691,25220.492.21$43,107
Jan 19972,2942,85323.483.54$63,962
Dec 19962,3892,17323.32$55,711
Nov 19962,2181,61921.97$48,729
Oct 19962,4141,95523.31$56,270
Sep 19962,3191,69422.22$51,528
Aug 19962,3431,40520.26$47,469
Jul 19962,6222,38919.55$51,260
Jun 19962,4692,59618.73$46,244
May 19962,8362,60119.43$55,103
Apr 19962,5752,90221.51$55,388
Mar 19962,4653,39919.38$47,772
Feb 19962,1132,47116.98$35,879
Jan 19962,2862,63717.07$39,022
Dec 19952,6042,38317.19$44,763
Nov 19952,5332,43416.00$40,528
Oct 19952,6252,43715.43$40,504
Sep 19952,4332,43616.18$39,366
Aug 19952,6292,53815.92$41,854
Jul 19952,4522,34615.24$37,368
Jun 19952,3902,32316.41$39,220
May 19952,8632,62517.56$50,274
Apr 19953,0982,74017.73$54,928
Mar 19953,5872,85016.44$58,970
Feb 19953,2102,28016.58$53,222
Jan 19953,7373,06215.92$59,493
Dec 19943,6182,78315.03$54,379
Nov 19943,4102,82015.90$54,219
Oct 19943,1333,21815.58$48,812
Sep 19942,7463,16815.29$41,986
Aug 19942,9733,00116.13$47,954
Jul 19942,9232,72317.56$51,328
Jun 19942,6903,41317.09$45,972
May 19942,9063,11415.88$46,147
Apr 19942,7432,78614.14$38,786
Mar 19942,8222,56912.46$35,162
Feb 19942,7442,35912.50$34,300
Jan 19943,7612,91812.66$47,614
Dec 19933,6393,12312.33$44,869
Nov 19932,9123,08514.49$42,195
Oct 19933,3923,25515.85$53,763
Sep 19933,0923,33115.03$46,473
Aug 19933,1553,05615.66$49,407
Jul 19932,8442,57115.46$43,968
Jun 19933,0582,52916.79$51,344
May 19932,8492,65317.68$50,370
Apr 19932,9782,98418.05$53,753
Mar 19933,3562,80018.14$60,878
Feb 19933,0543,18917.90$54,667
Jan 19932,6412,86716.93$44,712

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.

Mar 2005 — as filed, then multipliedworked
Oil                2,218 bbl  × $ 50.37 =   $111,721
Casinghead gas     1,117 Mcf  × $  7.15 =     $7,992

────────────────────────────────────────────────────
Month total                                 $119,713

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/3448 is the state's own key, not one this site invented.