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Texas oil lease

Producing

LEA, P.J. ET AL

Lea, P.j. Et Al is an oil lease in Crane County, Texas, operated by Ring Energy, Inc. in the Lea (Consolidated) field.

14 wells

345,531bbl oil, last 12 months−6% vs prior year
RRC lease
08-60004

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
999,301 mcf
Oil in Jul 2026
22,139 bbl

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for LEA, P.J. ET AL, Dec 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 345,531 bbl in the 12 months through Jul 2026, against 368,790 bbl in the 12 months before.Last 12 months: 345,531 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for LEA, P.J. ET AL, Dec 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 345,531 bbl in the 12 months through Jul 2026, against 368,790 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 20.4% of the gas in Oct 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of LEA, P.J. ET AL gas by disposition code each month, Dec 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 20.4% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.4%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of LEA, P.J. ET AL gas by disposition code each month, Dec 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 20.4% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 20.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 958,419 mcf

  • Flared (4)

    4.1% · 40,882 mcf

4.1% of the gas flared in the last 12 months. 5 months above 3%.

14 wells on this lease

Wells on LEA, P.J. ET AL
API numberWell no.Status
42-103-368964701MActive
42-103-369064603MActive
42-103-372433909MActive
42-103-372464602MActive
42-103-372643911MActive
42-103-372714703MActive
42-103-372734704MActive
42-103-372744706MActive
42-103-372754707MActive
42-103-372824705MActive
42-103-372864006MActive
42-103-373984008MActive
42-103-373993913MActive
42-103-374003912MActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Feb 1, 2024–
Targa Midstream Services LLCCasinghead gasBuys100Dec 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Dec 1, 2023–
Lpc Crude Iii, LLCOilGathers50Jan 1, 2024Feb 1, 2024
Sentinel Transportation, LLCOilGathers50Jan 1, 2024Feb 1, 2024
Enterprise Crude Oil LLCOilGathers100Dec 1, 2023Jan 1, 2024

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

3,200 acres on the newest permit

  • Good to know

    139 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Lea, P.j. Et Al
API numberWell no.Acreson the permit
42-103-372754707M3,200
42-103-372824705M3,200
42-103-373984008M3,200
42-103-373993913M3,200
42-103-374003912M3,200
42-103-372864006M3,200
42-103-372714703M3,200
42-103-372734704M3,200
42-103-372744706M3,200
42-103-372804504M3,200
42-103-372614007M3,200
42-103-372643911M3,200

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Ring Energy, Inc. told investors it received

Ring Energy, Inc. is linked to Ring Energy, Inc. (REI).
Realized prices reported by Ring Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$95.45SEC filing
Q1 2026$68.97SEC filing
Q4 2025$57.47SEC filing
Q3 2025$64.32SEC filing
Q2 2025$62.69SEC filing
Q1 2025$70.40SEC filing

SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

32 months, newest first

Ledger for LEA, P.J. ET AL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202622,13922,46273,27473,2740$80.46$2.89
Jun 202623,96525,13182,25073,0609,190$84.81$3.15
May 202625,69324,66183,83183,8310$102.13$2.94
Apr 202626,16825,05081,58181,5810$100.32$2.77
Mar 202630,37131,86087,46383,8753,588$91.38$3.04
Feb 202630,71829,71883,59283,5920$64.51$3.62
Jan 202633,03434,09087,47380,0767,397$60.04$7.72
Dec 202542,33541,46191,42489,6871,737$57.97$4.26
Nov 202527,01626,25873,08372,444639$60.06$3.79
Oct 202527,02626,97984,10566,95417,151$60.89$3.19
Sep 202532,66832,80588,76988,7690$63.96$2.97
Aug 202524,39825,21982,45681,2761,180$64.86$2.91
Jul 202525,84525,66285,35985,3590$68.39$3.20
Jun 202528,10628,09983,74983,349400$68.17$3.02
May 202530,75731,11988,31588,3150$62.17$3.12
Apr 202529,15529,04178,08470,0488,036$63.54$3.42
Mar 202526,49925,80576,85776,76394$68.24$4.12
Feb 202522,77424,29967,84967,8490$71.53$4.19
Jan 202529,07728,61281,32380,626697$75.74$4.13
Dec 202430,36130,41688,79088,7900$70.12$3.01
Nov 202429,87029,06689,50089,5000$69.95$2.12
Oct 202437,76039,450105,569105,5690$71.99$2.20
Sep 202445,47045,152107,954107,9540$70.24$2.28
Aug 202433,11631,70593,44893,4480$76.68$1.99
Jul 202434,53134,84596,14495,688456$81.80$2.07
Jun 202440,52742,68395,40595,4050$79.77$2.54
May 202431,58330,35583,10383,04459$80.02$2.12
Apr 202429,19028,80178,22478,2240$85.35$1.60
Mar 202434,16234,36583,67983,478201$81.28$1.49
Feb 202437,60538,27881,06581,0650$77.25$1.72
Jan 202433,09532,41675,57875,389189$74.15$3.18
Dec 202340,19941,89884,14084,1400$71.90$2.52

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Ring Energy, Inc. in Crane County

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Lea (Consolidated) field

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