LEA, ET AL

Name: LEA, ET AL lease production and value, Mar 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GERRY-MAC OIL, INC. (P-5 302025) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201215District 7BField 85948100CondensateGasSave Export

Value, all time

$740 k

Mar 2004 – Jul 2017

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

161

no gaps in the span

Streams

condensate, gas

The STEPHENS COUNTY REGULAR (GAS) field

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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered

1943-12-02

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	138 bbl	$6,566
Gas	Production	125,939 Mcf	$733,105
Total			$739,671

Wells on this lease (1)

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 32.6271, -98.8074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62709, -98.80740 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

3,930 ft

1 wells filed one

Completion to plug

13.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 3,930 ft.

Completions filed

Mar 2004

1 of 1 wells

Plug dates filed

Apr 2017

1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42932823	1	3,930 ft	Mar 2004	Apr 2017	Yes

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 (161)

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

161 months


Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	132	0	47.93	3.21	$6,327
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	3	48.76	3.72	$11
Nov 2016	0	67	42.49	2.64	$177
Oct 2016	0	51	46.19	3.09	$158
Sep 2016	0	60	41.55	3.10	$186
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	5	41.62	2.92	$15
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	3	42.52	1.99	$6
Apr 2016	0	35	36.56	1.99	$70
Mar 2016	0	36	33.01	1.79	$65
Feb 2016	0	33	26.47	2.06	$68
Jan 2016	0	18	27.35	2.36	$43
Dec 2015	0	127	32.36	2.00	$254
Nov 2015	0	588	38.79	2.17	$1,274
Oct 2015	0	616	43.55	2.43	$1,495
Sep 2015	0	594	42.99	2.76	$1,639
Aug 2015	0	605	40.16	2.87	$1,738
Jul 2015	0	595	48.15	2.95	$1,752
Jun 2015	0	594	56.15	2.88	$1,712
May 2015	0	609	55.21	2.96	$1,800
Apr 2015	0	743	49.82	2.71	$2,011
Mar 2015	0	290	42.89	2.93	$851
Feb 2015	0	592	44.66	2.98	$1,762
Jan 2015	0	670	43.43	3.10	$2,077
Dec 2014	0	675	54.69	3.59	$2,424
Nov 2014	0	670	70.46	4.25	$2,849
Oct 2014	0	636	78.30	3.90	$2,481
Sep 2014	0	636	86.16	4.05	$2,573
Aug 2014	0	663	89.39	4.04	$2,675
Jul 2014	0	668	96.56	4.18	$2,792
Jun 2014	0	642	98.16	4.74	$3,041
May 2014	0	649	94.73	4.73	$3,068
Apr 2014	0	619	95.94	4.81	$2,977
Mar 2014	0	628	95.89	5.06	$3,176
Feb 2014	0	560	97.40	6.19	$3,468
Jan 2014	0	637	90.40	4.86	$3,096
Dec 2013	0	643	91.82	4.35	$2,800
Nov 2013	0	448	88.85	3.74	$1,675
Oct 2013	0	763	97.42	3.78	$2,884
Sep 2013	0	734	104.11	3.72	$2,729
Aug 2013	0	815	104.25	3.52	$2,871
Jul 2013	0	690	102.52	3.72	$2,565
Jun 2013	0	760	94.40	3.93	$2,989
May 2013	0	800	94.83	4.15	$3,319
Apr 2013	0	779	93.96	4.28	$3,336
Mar 2013	0	823	93.62	3.91	$3,220
Feb 2013	0	748	91.23	3.42	$2,558
Jan 2013	0	809	91.60	3.42	$2,767
Dec 2012	0	826	86.77	3.42	$2,825
Nov 2012	0	799	86.95	3.62	$2,896
Oct 2012	0	791	89.38	3.40	$2,689
Sep 2012	0	733	94.67	2.92	$2,139
Aug 2012	0	779	92.66	2.91	$2,265
Jul 2012	0	797	85.13	3.02	$2,408
Jun 2012	0	777	79.82	2.52	$1,957
May 2012	0	777	91.61	2.49	$1,933
Apr 2012	0	78	101.65	2.00	$156
Mar 2012	0	817	105.05	2.22	$1,815
Feb 2012	0	883	101.10	2.57	$2,270
Jan 2012	0	977	98.09	2.73	$2,671
Dec 2011	0	996	96.87	3.24	$3,227
Nov 2011	0	976	95.72	3.31	$3,232
Oct 2011	0	979	84.98	3.65	$3,572
Sep 2011	0	988	83.62	3.99	$3,938
Aug 2011	0	1,045	83.40	4.15	$4,336
Jul 2011	0	1,063	94.14	4.52	$4,802
Jun 2011	0	1,035	92.90	4.64	$4,802
May 2011	0	1,057	98.13	4.40	$4,656
Apr 2011	0	873	105.96	4.33	$3,783
Mar 2011	0	649	96.36	4.06	$2,633
Feb 2011	0	604	85.64	4.18	$2,525
Jan 2011	0	716	86.50	4.59	$3,286
Dec 2010	0	624	85.73	4.35	$2,713
Nov 2010	0	614	80.84	3.80	$2,330
Oct 2010	0	428	78.10	3.51	$1,502
Sep 2010	0	563	72.63	3.98	$2,240
Aug 2010	0	594	73.68	4.42	$2,625
Jul 2010	0	512	72.55	4.74	$2,425
Jun 2010	0	667	70.36	4.91	$3,275
May 2010	0	557	71.12	4.24	$2,359
Apr 2010	0	675	81.69	4.12	$2,783
Mar 2010	0	816	78.39	4.39	$3,581
Feb 2010	0	613	73.58	5.44	$3,336
Jan 2010	0	637	74.36	5.96	$3,799
Dec 2009	0	503	71.44	5.48	$2,758
Nov 2009	0	638	74.59	3.75	$2,393
Oct 2009	0	609	72.54	4.11	$2,503
Sep 2009	0	274	65.54	3.06	$840
Aug 2009	0	515	67.42	3.22	$1,658
Jul 2009	0	640	61.13	3.46	$2,217
Jun 2009	0	772	66.16	3.90	$3,007
May 2009	0	602	54.74	3.93	$2,363
Apr 2009	0	609	46.77	3.59	$2,185
Mar 2009	0	563	42.14	4.06	$2,285
Feb 2009	0	554	32.81	4.63	$2,567
Jan 2009	0	481	35.86	5.37	$2,583
Dec 2008	0	439	37.10	5.98	$2,624
Nov 2008	0	580	55.49	6.86	$3,979
Oct 2008	0	607	75.24	6.92	$4,202
Sep 2008	0	378	101.76	7.88	$2,978
Aug 2008	0	593	114.22	8.48	$5,030
Jul 2008	0	608	131.08	11.39	$6,925
Jun 2008	0	480	131.33	13.03	$6,256
May 2008	0	495	123.17	11.57	$5,729
Apr 2008	0	673	110.31	10.45	$7,036
Mar 2008	0	250	101.90	9.66	$2,416
Feb 2008	0	684	92.53	8.77	$5,999
Jan 2008	0	639	90.38	8.21	$5,243
Dec 2007	0	647	88.33	7.30	$4,724
Nov 2007	0	819	91.67	7.29	$5,972
Oct 2007	0	796	82.85	6.92	$5,510
Sep 2007	0	815	75.84	6.24	$5,089
Aug 2007	0	1,206	69.06	6.39	$7,704
Jul 2007	0	1,189	70.90	6.39	$7,595
Jun 2007	0	1,155	62.00	7.55	$8,718
May 2007	0	1,168	58.74	7.85	$9,164
Apr 2007	0	1,097	59.61	7.81	$8,562
Mar 2007	0	1,112	56.92	7.30	$8,120
Feb 2007	0	992	55.10	8.22	$8,150
Jan 2007	0	1,127	50.30	6.73	$7,581
Dec 2006	0	1,035	56.65	6.92	$7,161
Nov 2006	0	960	54.20	7.62	$7,313
Oct 2006	0	1,005	54.90	6.01	$6,044
Sep 2006	0	892	60.08	5.04	$4,493
Aug 2006	0	2,634	68.71	7.34	$19,333
Jul 2006	0	3,095	69.37	6.34	$19,631
Jun 2006	0	3,079	66.28	6.38	$19,656
May 2006	0	3,077	66.01	6.42	$19,770
Apr 2006	0	2,764	64.39	7.36	$20,344
Mar 2006	0	1,343	56.70	7.08	$9,512
Feb 2006	0	1,363	57.59	7.75	$10,565
Jan 2006	0	1,809	60.59	8.93	$16,160
Dec 2005	0	1,242	54.94	13.42	$16,662
Nov 2005	0	1,439	54.69	10.59	$15,237
Oct 2005	0	1,454	58.34	13.80	$20,059
Sep 2005	0	1,198	61.45	12.08	$14,471
Aug 2005	0	1,171	61.51	9.80	$11,472
Jul 2005	0	1,228	55.69	7.84	$9,632
Jun 2005	0	582	52.33	7.38	$4,296
May 2005	0	1,844	45.22	6.65	$12,265
Apr 2005	0	1,574	49.20	7.36	$11,585
Mar 2005	0	1,324	50.37	7.15	$9,473
Feb 2005	0	1,080	45.22	6.31	$6,817
Jan 2005	0	1,478	43.16	6.32	$9,344
Dec 2004	6	1,462	39.86	6.75	$10,109
Nov 2004	0	1,378	45.28	6.33	$8,723
Oct 2004	0	1,161	49.70	6.52	$7,564
Sep 2004	0	1,173	43.24	5.28	$6,198
Aug 2004	0	1,123	42.37	5.55	$6,233
Jul 2004	0	1,021	38.28	6.08	$6,212
Jun 2004	0	1,204	36.10	6.43	$7,745
May 2004	0	145	37.48	6.49	$942
Apr 2004	0	845	34.47	5.86	$4,950
Mar 2004	0	1,704	34.36	5.53	$9,423

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 2017 — as filed, then multipliedworked

Condensate           132 bbl  × $ 47.93 =     $6,327
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                   $6,327

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. 7B/G/201215 is the state's own key, not one this site invented.