LEA, P.J. "B"

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

Oil lease lease 37890District 08Field 52624700OilCasinghead gasSaveExport
Value, all time
$14.3 M
Aug 2005 – May 2026
Value, last 12 filed months
$137 k
at the published price for each month
Months reported
250
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 4 leases and 7 wells, and the rule below applies to all of them.

Discovered
1964-02-25
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

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
OilDisposition159,528 bbl$12,507,535
Casinghead gasProduction249,168 Mcf$1,794,568
Total$14,302,103

Wells on this lease (2)

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 31.4684, -102.5709. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.46840, -102.57090 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,145 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 7,920 and 8,370 ft, median 8,145 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2008 – Apr 2013
2 of 2 wells

2 wells

42-10335011707,920 ftApr 2013
42-10335218718,370 ftJul 2008

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 (250)

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

250 months

May 202600106.413.05$0
Apr 2026175098.932.87$17,313
Mar 2026332089.753.15$29,797
Feb 2026182063.503.75$11,557
Jan 20260059.138.00$0
Dec 2025180056.664.41$10,199
Nov 2025181058.593.93$10,605
Oct 2025181059.383.30$10,748
Sep 2025182062.743.08$11,419
Aug 2025179063.933.01$11,443
Jul 2025172066.743.32$11,479
Jun 202517711366.483.13$12,121
May 202517918460.553.23$11,433
Apr 20251781,14762.363.54$15,164
Mar 20253601,64967.704.27$31,410
Feb 2025078370.884.34$3,399
Jan 202518025774.324.28$14,477
Dec 202418810368.993.12$13,292
Nov 20241803269.052.20$12,499
Oct 20241896671.372.28$13,640
Sep 20241865669.612.36$13,080
Aug 20241815475.632.06$13,800
Jul 202420110879.932.15$16,298
Jun 2024188078.082.63$14,679
May 2024194078.812.20$15,289
Apr 2024373084.451.66$31,500
Mar 20240080.301.55$0
Feb 2024176076.091.78$13,392
Jan 2024184073.023.30$13,436
Dec 2023184071.262.61$13,112
Nov 2023173077.892.81$13,475
Oct 2023184085.443.09$15,721
Sep 2023201089.042.74$17,897
Aug 2023181080.522.67$14,574
Jul 2023191074.852.64$14,296
Jun 202318228868.962.26$13,201
May 202318330970.622.23$13,612
Apr 202336847678.122.24$29,813
Mar 202337042472.852.39$27,969
Feb 2023013675.112.47$335
Jan 202315051876.533.39$13,234
Dec 2022043876.415.73$2,509
Nov 202234546485.005.65$31,945
Oct 202217417587.185.86$16,195
Sep 202218115484.888.16$16,620
Aug 2022145094.529.13$13,705
Jul 202200101.587.54$0
Jun 2022171662115.097.98$24,961
May 2022181865109.378.43$27,091
Apr 2022180908104.226.84$24,968
Mar 20223591,112108.885.08$44,733
Feb 202219692791.054.86$22,350
Jan 202218170081.844.54$17,989
Dec 2021359071.323.90$25,604
Nov 2021236077.435.24$18,273
Oct 2021363079.795.71$28,964
Sep 2021173069.865.35$12,086
Aug 2021040866.024.22$1,722
Jul 20213381,47470.783.98$29,793
Jun 20211821,31069.493.38$17,076
May 20213535,85463.483.02$40,074
Apr 20215161,60760.362.76$35,579
Mar 202101,03561.302.72$2,812
Feb 202117756757.805.55$13,376
Jan 2021073350.412.81$2,060
Dec 2020086944.642.68$2,325
Nov 2020085338.772.71$2,309
Oct 202015163536.972.48$7,156
Sep 2020042437.091.99$844
Aug 2020036139.982.39$861
Jul 2020159038.371.83$6,101
Jun 20200034.901.69$0
May 202016441516.921.81$3,528
Apr 202016338914.751.80$3,106
Mar 202016640630.341.86$5,790
Feb 202030133749.881.98$15,681
Jan 202023926457.252.09$14,236
Dec 201924920159.012.30$15,157
Nov 201913220755.302.75$7,869
Oct 201925723753.472.42$14,315
Sep 201913225855.052.66$7,952
Aug 201923926953.112.30$13,313
Jul 201911930956.272.46$7,456
Jun 201925424652.782.49$14,019
May 201925233558.482.74$15,655
Apr 201924520562.632.75$15,908
Mar 201921918456.803.06$13,003
Feb 201911322050.852.79$6,360
Jan 201924224446.033.23$11,927
Dec 201820825146.594.19$10,741
Nov 201817625152.934.24$10,379
Oct 201820532761.443.40$13,706
Sep 201822434259.543.11$14,400
Aug 201822228259.403.07$14,052
Jul 201823529365.142.93$16,167
Jun 201811830560.183.08$8,040
May 201822532465.382.90$15,650
Apr 201821429563.842.90$14,518
Mar 201824028461.222.79$15,484
Feb 201823626561.782.77$15,313
Jan 201824728362.874.01$16,664
Dec 201724127457.272.92$14,603
Nov 201722427955.423.12$13,284
Oct 201724834049.292.98$13,238
Sep 201723837547.523.09$12,467
Aug 201723532745.373.00$11,644
Jul 201732035043.873.09$15,119
Jun 201733451842.493.09$15,791
May 201728939445.373.26$14,398
Apr 201725931947.933.21$13,438
Mar 201723422246.772.98$11,607
Feb 201722621550.452.95$12,037
Jan 201725326549.413.42$13,407
Dec 201626028248.763.72$13,727
Nov 201633529342.492.64$15,009
Oct 201623024446.193.09$11,378
Sep 201623027041.553.10$10,394
Aug 201623337441.442.92$10,749
Jul 201632138941.622.92$14,498
Jun 201618519945.352.69$8,924
May 201610011342.521.99$4,477
Apr 201610521636.561.99$4,269
Mar 201621020133.011.79$7,293
Feb 201631619726.472.06$8,771
Jan 201611021527.352.36$3,517
Dec 201524716232.362.00$8,317
Nov 201537621038.792.17$15,040
Oct 201522426543.552.43$10,398
Sep 201520730442.992.76$9,737
Aug 201532238140.162.87$14,026
Jul 201523941848.152.95$12,739
Jun 201521739256.152.88$13,315
May 201520236955.212.96$12,243
Apr 201522524649.822.71$11,875
Mar 201547932342.892.93$21,492
Feb 201552913544.662.98$24,027
Jan 201517434343.433.10$8,620
Dec 201417527154.693.59$10,544
Nov 201418216770.464.25$13,534
Oct 201434921678.303.90$28,169
Sep 201435234586.164.05$31,724
Aug 201431635489.394.04$29,676
Jul 201413837096.564.18$14,872
Jun 201427427398.164.74$28,189
May 201443223994.734.73$42,053
Apr 201448033395.944.81$47,653
Mar 201435834395.895.06$36,063
Feb 201435635797.406.19$36,885
Jan 201436033290.404.86$34,158
Dec 201315720991.824.35$15,326
Nov 201314314488.853.74$13,244
Oct 201314628897.423.78$15,312
Sep 2013273298104.113.72$29,530
Aug 2013252269104.253.52$27,219
Jul 2013111184102.523.72$12,064
Jun 201320221494.403.93$19,911
May 20139418294.834.15$9,669
Apr 201314415093.964.28$14,173
Mar 201374968393.623.91$72,794
Feb 201361064091.233.42$57,839
Jan 201359559391.603.42$56,530
Dec 201258558186.773.42$52,748
Nov 201273956186.953.62$66,290
Oct 201257757989.383.40$53,541
Sep 201252152994.672.92$50,867
Aug 201242635692.662.91$40,508
Jul 201229834585.133.02$26,411
Jun 201230440979.822.52$25,296
May 201231160391.612.49$29,991
Apr 2012602647101.652.00$62,485
Mar 2012623626105.052.22$66,837
Feb 2012452399101.102.57$46,723
Jan 201235563398.092.73$36,553
Dec 201153936496.873.24$53,392
Nov 201155844695.723.31$54,889
Oct 201188078184.983.65$77,632
Sep 201154315483.623.99$46,019
Aug 201182721783.404.15$69,872
Jul 201151749194.144.52$50,888
Jun 201183398092.904.64$81,933
May 201152772098.134.40$54,886
Apr 2011733269105.964.33$78,834
Mar 201122268096.364.06$24,151
Feb 201183961685.644.18$74,427
Jan 201172984286.504.59$66,922
Dec 201076193485.734.35$69,301
Nov 201074497880.843.80$63,857
Oct 201086695878.103.51$70,996
Sep 201085295472.633.98$65,677
Aug 20101,00992573.684.42$78,431
Jul 201058099872.554.74$46,806
Jun 201099298870.364.91$74,649
May 201092981171.124.24$69,505
Apr 201079185781.694.12$68,150
Mar 20101,10247378.394.39$88,462
Feb 201058311073.585.44$43,496
Jan 20101,25560374.365.96$96,918
Dec 200988687171.445.48$68,072
Nov 200997996074.593.75$76,625
Oct 20091,2301,16372.544.11$94,004
Sep 20091,2191,30765.543.06$83,899
Aug 20091,1942,10267.423.22$87,265
Jul 20098551,94061.133.46$58,987
Jun 20096901,32066.163.90$50,792
May 20099561,27454.743.93$57,333
Apr 20098301,18946.773.59$43,085
Mar 20091,0181,18442.144.06$47,704
Feb 20091,02599232.814.63$38,226
Jan 20099361,71935.865.37$42,798
Dec 20081,3592,96737.105.98$68,153
Nov 20083,0853,49755.496.86$195,177
Oct 20081,7105,05575.246.92$163,651
Sep 20082,0935,810101.767.88$258,750
Aug 20082,4947,789114.228.48$350,939
Jul 20082,86810,113131.0811.39$491,119
Jun 20082,16111,198131.3313.03$429,744
May 20083,33514,353123.1711.57$576,898
Apr 20083,58316,163110.3110.45$564,223
Mar 20085,06916,870101.909.66$679,564
Feb 20085,7066,08492.538.77$581,336
Jan 20084,8815,85190.388.21$489,157
Dec 20077,2008,72488.337.30$699,678
Nov 20079,3248,21891.677.29$914,654
Oct 20075,5291,77082.856.92$470,330
Sep 200742694875.846.24$38,227
Aug 20075871,06069.066.39$47,309
Jul 20078791,00370.906.39$68,728
Jun 200757765062.007.55$40,680
May 200772598658.747.85$50,323
Apr 200773798359.617.81$51,605
Mar 200787891456.927.30$56,650
Feb 200762277655.108.22$40,648
Jan 200797662150.306.73$53,270
Dec 200681258556.656.92$50,047
Nov 200680983254.207.62$50,186
Oct 20061,09998154.906.01$66,235
Sep 20061,0341,27660.085.04$68,550
Aug 20068141,16068.717.34$64,444
Jul 20061,2261,19569.376.34$92,627
Jun 20061,1941,25166.286.38$87,125
May 20069521,25266.016.42$70,886
Apr 20061,2501,24764.397.36$89,666
Mar 20061,4391,15356.707.08$89,758
Feb 20061,78790757.597.75$109,944
Jan 20062,0821,46960.598.93$139,271
Dec 20053,3153,00254.9413.42$222,399
Nov 20053,2615,74254.6910.59$239,143
Oct 200580293658.3413.80$59,702
Sep 20050061.4512.08$0
Aug 20050061.519.80$0

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.

Apr 2026 — as filed, then multipliedworked
Oil                  175 bbl  × $ 98.93 =    $17,313
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,313

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/37890 is the state's own key, not one this site invented.