LEA, P. J., ETAL -A-

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

Oil lease lease 9787District 08Field 52624800Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$10.7 M
Jan 1993 – Feb 2024
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
374
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 32 leases and 262 wells, and the rule below applies to all of them.

Discovered
1955-05-01
as the register files it
Field class
Oil
the register's own label
Between wells
500 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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.

The Commission's schedule remark for this field reads: FIELD # 52624220 EFFECTIVE 11/15/2023 (12/01/2023)

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
NGPA7none

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
OilDisposition170,626 bbl$9,975,002
Casinghead gasProduction188,072 Mcf$694,175
Total$10,669,176

24,842 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 (14)

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 31.4137, -102.5299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.41384, -102.53009 · 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
100.0%
14 of 14 wells
With a plug date
35.7%
5 of 14 wells
Median depth
3,425 ft
13 wells filed one
Completion to plug
25.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
14100.0%
A plug date is filed
535.7%
BothOn the schedule and plugged. Neither fact cancels the other.
535.7%
NeitherNo plug date, and not on the schedule.
00.0%

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

Total depth in feet, 13 of 14 wells. Median 3,425 ft, with the middle half between 3,300 and 4,600 ft; the shallowest is 3,220 ft and the deepest 5,431 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, 11 of 14 wells, Feb 1979 – Aug 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1979 – Aug 2023
11 of 14 wells; 3 filed none
Plug dates filed
Jan 1991 – Sep 2013
5 of 14 wells; 9 filed none

Last completion to plug: a median of 25.8 years across the 3 wells that filed both dates, with the middle half between 15.8 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

14 wells

42-1030022153,240 ftJun 1997Yes
42-1030022943,300 ftJun 1997Yes
42-103002313Yes
42-103372763801M5,431 ftAug 2023Yes
42-103370293800M5,408 ftDec 2022Yes
42-1030023024,600 ftOct 2021Yes
42-1033350884,800 ftJul 2021Yes
42-10332021973,220 ftDec 1987Sep 2013Yes
42-10333601133,450 ftFeb 1985Jan 1991Yes
42-10333600123,450 ftJan 1985Yes
42-10333516113,425 ftOct 1984Aug 2011Yes
42-10333533103,400 ftOct 1984Yes
42-1033341793,400 ftMar 1984Yes
42-1033200573,235 ftFeb 1979Yes

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 (374)

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

374 months

Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20231,9214,64377.892.81$162,662
Oct 20232,3535,84285.443.09$219,076
Sep 20232,7727,75589.042.74$268,029
Aug 20233,1198,03680.522.67$272,621
Jul 20231,2901,79374.852.64$101,293
Jun 20231,2352,06768.962.26$89,834
May 20231,2292,20970.622.23$91,712
Apr 20231,3722,90978.122.24$113,690
Mar 20231,4752,70172.852.39$113,918
Feb 20231,3721,82875.112.47$107,558
Jan 20231,3311,87476.533.39$108,210
Dec 20221,6912,32376.415.73$142,518
Nov 20221,8812,17085.005.65$172,137
Oct 20222,0842,45387.185.86$196,067
Sep 20221,7862,11284.888.16$168,837
Aug 20222,3372,31294.529.13$241,995
Jul 20223,2252,933101.587.54$349,716
Jun 20222,0262,688115.097.98$254,615
May 20223,3922,520109.378.43$392,234
Apr 20222,3872,203104.226.84$263,836
Mar 20222,2062,455108.885.08$252,652
Feb 20222,9102,73591.054.86$278,244
Jan 20223,7253,32781.844.54$319,951
Dec 20214,0102,67471.323.90$296,419
Nov 20214,2993,41477.435.24$350,750
Oct 20213,5611,63279.795.71$293,457
Sep 20213,7781,98269.865.35$274,537
Aug 20211,98892666.024.22$135,156
Jul 202129135170.783.98$21,995
Jun 202124455469.493.38$18,828
May 202125421863.483.02$16,782
Apr 202127318160.362.76$16,978
Mar 202118618661.302.72$11,907
Feb 202115918957.805.55$10,239
Jan 202119223250.412.81$10,331
Dec 202016822544.642.68$8,102
Nov 202016123238.772.71$6,870
Oct 202018323336.972.48$7,343
Sep 202017619237.091.99$6,910
Aug 202013715839.982.39$5,854
Jul 202014816038.371.83$5,971
Jun 202014312634.901.69$5,204
May 202008816.921.81$160
Apr 202013714714.751.80$2,286
Mar 202017116830.341.86$5,500
Feb 202010415349.881.98$5,491
Jan 202013721557.252.09$8,294
Dec 201915123259.012.30$9,445
Nov 20199019455.302.75$5,511
Oct 201914724853.472.42$8,460
Sep 201910731955.052.66$6,738
Aug 201921130153.112.30$11,900
Jul 201917129956.272.46$10,358
Jun 201912335152.782.49$7,366
May 201915225258.482.74$9,580
Apr 201911626062.632.75$7,980
Mar 201915020756.803.06$9,154
Feb 20198820250.852.79$5,039
Jan 20199519246.033.23$4,993
Dec 201811119946.594.19$6,004
Nov 201812423952.934.24$7,576
Oct 201815925461.443.40$10,632
Sep 201811925559.543.11$7,878
Aug 201816323259.403.07$10,394
Jul 201820124965.142.93$13,823
Jun 201815029760.183.08$9,941
May 201816731065.382.90$11,818
Apr 201821728363.842.90$14,674
Mar 201820735161.222.79$13,651
Feb 201815530861.782.77$10,428
Jan 201815525662.874.01$10,771
Dec 20175317857.272.92$3,555
Nov 20179823255.423.12$6,155
Oct 20177023249.292.98$4,143
Sep 20178020047.523.09$4,419
Aug 201711825545.373.00$6,120
Jul 20179041443.873.09$5,226
Jun 201712537642.493.09$6,472
May 201712331045.373.26$6,592
Apr 201719122347.933.21$9,871
Mar 201729931746.772.98$14,930
Feb 201731525550.452.95$16,645
Jan 201736331749.413.42$19,020
Dec 201634443948.763.72$18,408
Nov 201637536042.492.64$16,886
Oct 201621925246.193.09$10,894
Sep 201628120841.553.10$12,320
Aug 201629923941.442.92$13,089
Jul 201619521641.622.92$8,748
Jun 201615125845.352.69$7,541
May 201620827442.521.99$9,390
Apr 201617439336.561.99$7,144
Mar 201617650333.011.79$6,712
Feb 201615354526.472.06$5,175
Jan 201616945527.352.36$5,698
Dec 201521345332.362.00$7,799
Nov 201519637338.792.17$8,411
Oct 201516028943.552.43$7,669
Sep 201516631342.992.76$8,000
Aug 201520017540.162.87$8,535
Jul 201520916848.152.95$10,558
Jun 201516417256.152.88$9,704
May 201527122055.212.96$15,612
Apr 201522620149.822.71$11,803
Mar 201524431542.892.93$11,390
Feb 201526621544.662.98$12,519
Jan 201527728943.433.10$12,926
Dec 201425524954.693.59$14,840
Nov 201423024670.464.25$17,252
Oct 201425733078.303.90$21,410
Sep 201423832886.164.05$21,833
Aug 201429932089.394.04$28,019
Jul 201428945396.564.18$29,799
Jun 201449972998.164.74$52,435
May 201417730894.734.73$18,223
Apr 201427438095.944.81$28,115
Mar 201428032795.895.06$28,503
Feb 201422030097.406.19$23,286
Jan 201420319890.404.86$19,314
Dec 201313127291.824.35$13,213
Nov 201358028788.853.74$52,606
Oct 201330130297.423.78$30,465
Sep 2013189274104.113.72$20,695
Aug 201374232104.253.52$8,532
Jul 2013101241102.523.72$11,251
Jun 201321128694.403.93$21,043
May 201320732794.834.15$20,987
Apr 201320637593.964.28$20,962
Mar 201327566793.623.91$28,355
Feb 201318644691.233.42$18,494
Jan 201328845491.603.42$27,933
Dec 201228051086.773.42$26,040
Nov 201221037186.953.62$19,604
Oct 201223533989.383.40$22,157
Sep 201222930494.672.92$22,567
Aug 201224933892.662.91$24,055
Jul 201218929285.133.02$16,972
Jun 201230135879.822.52$24,928
May 201224637291.612.49$23,462
Apr 2012247356101.652.00$25,818
Mar 2012270329105.052.22$29,095
Feb 2012202289101.102.57$21,165
Jan 201228333198.092.73$28,664
Dec 201126630896.873.24$26,765
Nov 201125831495.723.31$25,736
Oct 201129131884.983.65$25,889
Sep 201134345683.623.99$30,499
Aug 201139057183.404.15$34,895
Jul 201136755694.144.52$37,061
Jun 201137551492.904.64$37,222
May 201133648898.134.40$35,121
Apr 2011383542105.964.33$42,931
Mar 201144560396.364.06$45,327
Feb 201135346285.644.18$32,162
Jan 201141547986.504.59$38,096
Dec 201053050785.734.35$47,641
Nov 201047540980.843.80$39,951
Oct 201047347678.103.51$38,612
Sep 2010522072.633.98$37,913
Aug 201053248373.684.42$41,332
Jul 201043247672.554.74$33,596
Jun 201039144470.364.91$29,691
May 201047062871.124.24$36,086
Apr 201046664981.694.12$40,743
Mar 201044054178.394.39$36,866
Feb 201039847273.585.44$31,854
Jan 201040147274.365.96$32,633
Dec 200938748771.445.48$30,318
Nov 200942350074.593.75$33,427
Oct 200940349872.544.11$31,281
Sep 200939256465.543.06$27,420
Aug 200938561767.423.22$27,943
Jul 200942647661.133.46$27,690
Jun 200935238966.163.90$24,803
May 200939042054.743.93$22,997
Apr 200948475846.773.59$25,356
Mar 200966476542.144.06$31,086
Feb 200973085832.814.63$27,926
Jan 200945453335.865.37$19,143
Dec 200822837937.105.98$10,724
Nov 200823534655.496.86$15,414
Oct 200822439975.246.92$19,616
Sep 2008150351101.767.88$18,029
Aug 2008220302114.228.48$27,690
Jul 2008208206131.0811.39$29,611
Jun 2008240187131.3313.03$33,956
May 2008251210123.1711.57$33,346
Apr 2008244201110.3110.45$29,017
Mar 2008190189101.909.66$21,188
Feb 200817420192.538.77$17,863
Jan 200817424890.388.21$17,761
Dec 200719024388.337.30$18,557
Nov 200717520491.677.29$17,530
Oct 200719220482.856.92$17,319
Sep 200720422575.846.24$16,876
Aug 200722026169.066.39$16,860
Jul 200720326170.906.39$16,060
Jun 200714517662.007.55$10,319
May 200713529958.747.85$10,276
Apr 200713432059.617.81$10,485
Mar 200714728156.927.30$10,419
Feb 200713215555.108.22$8,547
Jan 2007217050.306.73$10,915
Dec 200631611756.656.92$18,711
Nov 2006998354.207.62$5,998
Oct 200626312454.906.01$15,184
Sep 200623919260.085.04$15,326
Aug 200619519968.717.34$14,859
Jul 200612519569.376.34$9,908
Jun 200628621066.286.38$20,297
May 200616523366.016.42$12,389
Apr 200620625264.397.36$15,119
Mar 200619225356.707.08$12,678
Feb 200625020957.597.75$16,017
Jan 20068022160.598.93$6,821
Dec 200528623654.9413.42$18,879
Nov 200520123454.6910.59$13,470
Oct 200519822558.3413.80$14,655
Sep 200522919061.4512.08$16,367
Aug 200518724461.519.80$13,893
Jul 200522027755.697.84$14,424
Jun 200522226752.337.38$13,588
May 200520726745.226.65$11,136
Apr 200528729949.207.36$16,321
Mar 200544943150.377.15$25,700
Feb 20057623745.226.31$4,933
Jan 20057613543.166.32$4,134
Dec 200410415539.866.75$5,192
Nov 200415516245.286.33$8,044
Oct 20043715149.706.52$2,823
Sep 20049916543.245.28$5,153
Aug 20049116142.375.55$4,749
Jul 20043914338.286.08$2,363
Jun 200412113236.106.43$5,217
May 2004758537.486.49$3,363
Apr 2004956334.475.86$3,644
Mar 2004658534.365.53$2,703
Feb 20049210632.455.51$3,569
Jan 200414711332.036.30$5,420
Dec 20037111730.266.30$2,886
Nov 200312013528.804.60$4,076
Oct 20038514728.174.76$3,094
Sep 20039615226.314.75$3,248
Aug 20037816329.765.13$3,157
Jul 20036916129.415.17$2,862
Jun 20039114628.565.98$3,472
May 20037211226.595.97$2,583
Apr 200310713526.675.41$3,584
Mar 20037814731.146.10$3,325
Feb 200312012733.487.93$5,024
Jan 20038613130.315.58$3,338
Dec 20029412126.914.85$3,117
Nov 200216511324.664.14$4,536
Oct 20025012126.464.23$1,835
Sep 20027810827.443.64$2,533
Aug 200211510025.963.16$3,302
Jul 2002897524.583.06$2,417
Jun 20021637823.733.34$4,128
May 2002836424.663.58$2,276
Apr 20026511323.653.51$1,934
Mar 20028612422.003.10$2,277
Feb 20026410818.222.38$1,423
Jan 200217512417.172.38$3,299
Dec 200114211316.932.36$2,671
Nov 200110112118.072.41$2,116
Oct 200111013319.782.53$2,512
Sep 200111611924.262.25$3,082
Aug 200113913624.873.05$3,872
Jul 200113813123.933.20$3,721
Jun 200113812624.563.82$3,871
May 200113312425.524.31$3,928
Apr 200121511624.685.34$5,925
Mar 200113212024.545.38$3,884
Feb 200110810527.755.77$3,603
Jan 200113810427.478.40$4,664
Dec 200016911126.889.12$5,555
Nov 200020810732.215.66$7,305
Oct 20001367531.235.15$4,633
Sep 20001058531.875.19$3,787
Aug 20001208429.644.54$3,938
Jul 2000938728.534.09$3,009
Jun 20001169729.304.40$3,825
May 20001159727.263.68$3,492
Apr 200014111924.513.12$3,827
Mar 200014211928.422.86$4,376
Feb 200012811227.622.73$3,841
Jan 200014013225.272.48$3,865
Dec 199915313624.282.42$4,044
Nov 199915214023.192.43$3,866
Oct 199918414920.982.80$4,278
Sep 199915511721.752.62$3,678
Aug 199917411519.262.88$3,682
Jul 199916912117.892.37$3,310
Jun 199916812815.942.36$2,980
May 199918718615.792.32$3,384
Apr 199916124315.102.21$2,968
Mar 199918028212.471.84$2,763
Feb 19991852399.981.82$2,281
Jan 199928634510.381.90$3,624
Dec 19982633419.201.77$3,024
Nov 199829730910.892.19$3,910
Oct 199828630912.421.97$4,161
Sep 199825825812.592.08$3,786
Aug 199828027211.301.91$3,683
Jul 199820825011.742.24$3,001
Jun 199811923811.242.24$1,870
May 199827432812.622.21$4,182
Apr 199827630313.042.51$4,358
Mar 199829528612.802.31$4,437
Feb 199828928613.952.30$4,689
Jan 199839534014.702.15$6,539
Dec 199743036316.322.41$7,893
Nov 199746438718.193.09$9,635
Oct 199747146319.253.15$10,525
Sep 199746246617.742.95$9,573
Aug 199749248617.862.55$10,029
Jul 199751848817.582.25$10,203
Jun 199749746217.242.26$9,611
May 199751147018.972.31$10,779
Apr 199749943317.882.08$9,824
Mar 199756342618.951.94$11,495
Feb 199754136120.492.21$11,881
Jan 199759040923.483.54$15,301
Dec 199653938323.32$12,569
Nov 199652936921.97$11,622
Oct 199658443423.31$13,613
Sep 199655143322.22$12,243
Aug 199657544520.26$11,650
Jul 199658748219.55$11,476
Jun 199655550818.73$10,395
May 199661648019.43$11,969
Apr 199658841421.51$12,648
Mar 199660446119.38$11,706
Feb 199653536616.98$9,084
Jan 199665651117.07$11,198
Dec 199563062317.19$10,830
Nov 199563446216.00$10,144
Oct 199564061515.43$9,875
Sep 199562558616.18$10,113
Aug 199558969715.92$9,377
Jul 199567143415.24$10,226
Jun 199561757416.41$10,125
May 199571058517.56$12,468
Apr 199564446717.73$11,418
Mar 199573049416.44$12,001
Feb 199568243516.58$11,308
Jan 199571651815.92$11,399
Dec 199474257015.03$11,152
Nov 199472848015.90$11,575
Oct 199474545715.58$11,607
Sep 199478342215.29$11,972
Aug 199479341016.13$12,791
Jul 199471033917.56$12,468
Jun 199483138217.09$14,202
May 199490261615.88$14,324
Apr 199492352214.14$13,051
Mar 199493349212.46$11,625
Feb 199484947112.50$10,613
Jan 199490358612.66$11,432
Dec 199398652612.33$12,157
Nov 19931,04457014.49$15,128
Oct 19931,02266015.85$16,199
Sep 199399661215.03$14,970
Aug 19931,07868315.66$16,881
Jul 199392061115.46$14,223
Jun 19931,16562016.79$19,560
May 19931,13057917.68$19,978
Apr 19931,07864418.05$19,458
Mar 19931,31873018.14$23,909
Feb 19931,09353017.90$19,565
Jan 19931,42455416.93$24,108

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.

Nov 2023 — as filed, then multipliedworked
Oil                1,921 bbl  × $ 77.89 =   $149,627
Casinghead gas     4,643 Mcf  × $  2.81 =    $13,036

────────────────────────────────────────────────────
Month total                                 $162,662

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/9787 is the state's own key, not one this site invented.