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LEA, P.J. ET AL

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

Oil lease lease 60004District 08Field 52624220OilCasinghead gasSave
Value, all time
$76.3 M
Dec 2023 – May 2026
Value, last 12 filed months
$28.4 M
at the published price for each month
Months reported
30
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
OilDisposition950,168 bbl$68,325,395
Casinghead gasProduction2,567,912 Mcf$8,021,566
Total$76,346,962

Wells on this lease (139)

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 31.4096, -102.5387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.7 miles.

31.40970, -102.53947 · 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
5.0%
7 of 139 wells
With a plug date
5.8%
8 of 139 wells
Median depth
4,403 ft
136 wells filed one
Completion to plug
41.5 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
75.0%
A plug date is filed
85.8%
BothOn the schedule and plugged. Neither fact cancels the other.
75.0%
NeitherNo plug date, and not on the schedule.
13194.2%

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, 136 of 139 wells. Median 4,403 ft, with the middle half between 3,244 and 5,309 ft; the shallowest is 2,491 ft and the deepest 8,765 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

60s
70s
80s
90s
00s
10s
20s

Last completion by decade, 133 of 139 wells, Mar 1964 – Jan 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1964 – Jan 2026
133 of 139 wells; 6 filed none
Plug dates filed
Sep 2023 – Jun 2026
8 of 139 wells; 131 filed none

Last completion to plug: a median of 41.5 years across the 8 wells that filed both dates, with the middle half between 29.8 years and 43.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

139 wells

42-1031000137————
42-1031000452W3,200 ft———
42-1031084961————
42-1033187567————
42-103333291803,266 ft———
42-103333361713,350 ft———
42-103372824705M5,376 ftJan 2026——
42-103335061854,800 ftDec 2025——
42-103372754707M5,378 ftDec 2025——
42-10300235108,395 ftNov 2025——
42-103373993913M5,365 ftAug 2025——
42-103324761183,650 ftMay 2025——
42-103372734704M5,357 ftApr 2025——
42-103372714703M5,317 ftAug 2024——
42-103372643911M5,361 ftAug 2024——
42-103372464602M5,316 ftAug 2024——
42-103374003912M5,361 ftMay 2024——
42-103372433909M5,330 ftMay 2024——
42-103373984008M5,308 ftJan 2024——
42-103372744706M5,352 ftJan 2024——
42-103368964701M5,350 ftDec 2023——
42-103372864006M5,348 ftDec 2023——
42-103372804504M5,310 ftNov 2023——
42-103372453910M5,350 ftSep 2023——
42-103372614007M5,341 ftSep 2023——
42-103369064603M5,180 ftJun 2023——
42-103372134004M5,055 ftJun 2023——
42-103372124003M5,150 ftMar 2023——
42-103372144005M5,138 ftMar 2023——
42-103372093907M5,107 ftMar 2023——
42-103370383905M5,325 ftDec 2022——
42-103370353904M5,320 ftDec 2022——
42-103328321213,260 ftMay 2022——
42-103368784601M5,300 ftApr 2022——
42-103368793901M5,295 ftApr 2022——
42-103368803902M5,296 ftApr 2022——
42-103369074604M5,320 ftApr 2022——
42-103368813903M5,293 ftMar 2022——
42-103323181104,500 ftMar 2022——
42-103320741054,750 ftMar 2022——
42-103369304001M5,295 ftMar 2022——
42-103333692084,890 ftMar 2022——
42-103347902308,105 ftFeb 2022——
42-103325101177,710 ftFeb 2022——
42-103335021783,399 ftDec 2021Sep 2023—
42-103335101884,440 ftDec 2021——
42-103333381703,347 ftNov 2021——
42-1030021578,339 ftNov 2021——
42-10300243268,589 ftNov 2021——
42-103347592294,788 ftOct 2021——
42-103360912348,577 ftOct 2021——
42-103336032198,676 ftSep 2021——
42-103335122148,660 ftSep 2021——
42-10300226208,280 ftSep 2021——
42-103335202168,575 ftSep 2021——
42-103334182128,765 ftJul 2021——
42-103330481464,800 ftJun 2021——
42-103330081444,800 ftJun 2021——
42-10300242254,625 ftJun 2021——
42-10300224135,092 ftMay 2021——
42-1030022224,365 ftMay 2021——
42-10336012231H4,205 ftMay 2021——
42-103335131794,800 ftMay 2021——
42-103323171094,750 ftApr 2021——
42-103329511354,800 ftApr 2021——
42-103328491334,775 ftMar 2021——
42-103324971194,740 ftMar 2021——
42-103328261324,767 ftMar 2021——
42-103329501344,813 ftMar 2020——
42-103328351242,900 ftNov 2017——
42-10300239278,650 ftNov 2015——
42-103332671598,740 ftSep 2015——
42-1033193281W3,215 ftNov 2014——
42-1030021731W3,200 ftJul 2014——
42-1031007136W3,122 ftJul 2014——
42-1033192878W3,226 ftJul 2014May 2024Yes
42-1031009243W2,912 ftJul 2014——
42-1031027848W3,250 ftJul 2014——
42-10336069233H4,508 ftJan 2014——
42-10336065232H4,541 ftApr 2013——
42-10300245194,750 ftJul 2004——
42-10300241244,610 ftAug 2003——
42-10300240233,150 ftFeb 2003——
42-103329611363,250 ftJan 2003——
42-103327251153,250 ftJan 2003——
42-10310113343,225 ftJan 2003——
42-103335112208,050 ftApr 1997——
42-1033197589W3,210 ftNov 1989——
42-1033193483W3,205 ftDec 1987——
42-1031004050W3,200 ftDec 1987——
42-1033197391W3,220 ftDec 1987——
42-1033197290W3,205 ftNov 1987——
42-1033201298W3,230 ftNov 1987——
42-10332137106W3,205 ftNov 1987——
42-1033192979WC3,235 ftNov 1987Mar 2024Yes
42-1033193382W3,220 ftNov 1987——
42-103336301723,450 ftMar 1985——
42-103335071834,799 ftSep 1984——
42-103335051733,369 ftAug 1984——
42-103335152273,400 ftAug 1984——
42-103333681664,200 ftJan 1984——
42-103333421843,380 ftJan 1984Oct 2024Yes
42-103333451653,350 ftDec 1983——
42-103333311603,386 ftDec 1983——
42-103333321513,350 ftDec 1983——
42-103333441643,350 ftDec 1983——
42-1030023638,359 ftDec 1983——
42-103333401933,350 ftDec 1983——
42-103333301633,300 ftDec 1983——
42-103333341753,300 ftDec 1983——
42-103333431613,275 ftDec 1983——
42-103333211623,225 ftNov 1983——
42-103332191523,325 ftSep 1983——
42-103332181574,450 ftAug 1983——
42-10331927753,245 ftJan 1983Dec 2025Yes
42-103330111413,250 ftDec 1982——
42-103330141432,491 ftDec 1982——
42-103330031303,200 ftNov 1982——
42-103329621383,230 ftSep 1982——
42-103329591403,250 ftAug 1982Oct 2024Yes
42-103328331223,250 ftApr 1982——
42-103328071263,250 ftFeb 1982——
42-103323741113,230 ftDec 1980——
42-103322051023,210 ftApr 1980——
42-1033202063,235 ftFeb 1979——
42-103320151033,240 ftFeb 1979——
42-103320141013,220 ftFeb 1979——
42-10331980953,272 ftJan 1979——
42-10331981943,250 ftJan 1979Oct 2024Yes
42-10331982926,165 ftJan 1979——
42-10331970863,225 ftDec 1978——
42-10331971853,230 ftNov 1978——
42-10331955763,230 ftNov 1978——
42-10331954773,230 ftNov 1978——
42-10331952723,240 ftOct 1978——
42-10310858623,300 ftJul 1967——
42-10310166403,300 ftMar 1966——
42-1031057259W3,200 ftJul 1965Jun 2026Yes
42-1031033051W3,200 ftMar 1964——

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 (30)

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

30 months

May 202624,66183,831106.413.05$2,879,513
Apr 202625,05081,58198.932.87$2,712,311
Mar 202631,86087,46389.753.15$3,134,894
Feb 202629,71883,59263.503.75$2,200,590
Jan 202634,09087,47359.138.00$2,715,344
Dec 202541,46191,42456.664.41$2,752,667
Nov 202526,25873,08358.593.93$1,825,412
Oct 202526,97984,10559.383.30$1,879,967
Sep 202532,80588,76962.743.08$2,331,321
Aug 202525,21982,45663.933.01$1,860,836
Jul 202525,66285,35966.743.32$1,995,664
Jun 202528,09983,74966.483.13$2,130,049
May 202531,11988,31560.553.23$2,169,718
Apr 202529,04178,08462.363.54$2,087,658
Mar 202525,80576,85767.704.27$2,075,049
Feb 202524,29967,84970.884.34$2,016,835
Jan 202528,61281,32374.324.28$2,474,399
Dec 202430,41688,79068.993.12$2,375,546
Nov 202429,06689,50069.052.20$2,203,768
Oct 202439,450105,56971.372.28$3,056,392
Sep 202445,152107,95469.612.36$3,398,273
Aug 202431,70593,44875.632.06$2,590,691
Jul 202434,84596,14479.932.15$2,991,543
Jun 202442,68395,40578.082.63$3,583,984
May 202430,35583,10378.812.20$2,574,975
Apr 202428,80178,22484.451.66$2,562,034
Mar 202434,36583,67980.301.55$2,888,804
Feb 202438,27881,06576.091.78$3,057,164
Jan 202432,41675,57873.023.30$2,616,247
Dec 202341,89884,14071.262.61$3,205,317

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               24,661 bbl  × $106.41 = $2,624,177
Casinghead gas    83,831 Mcf  × $  3.05 =   $255,336

────────────────────────────────────────────────────
Month total                               $2,879,513

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/60004 is the state's own key, not one this site invented.