Texas operator · RRC P-5 496774
Lera
Lera runs 16 producing leases in 3 Texas counties. The Railroad Commission shows 16,723 barrels of oil and 117,052 mcf of gas in the 12 months through Jul 2026.
Operator dossier · 3 counties
- Producing leases
- 16of 28 on record
- Counties
- 3
- Biggest county
- Hutchinson County
- Biggest field
- Panhandle Hutchinson County Fld.
Get checks from Lera?
Upload a royalty check stub or a phone photo. We compare each month with the state numbers for the lease and tell you what to ask.
Where they work
fewermore
- Gas, last 12 months
- 117,052 mcf
- RRC operator no.
- 496774
- Leases on record
- 28
- Data through
- Jul 2026
Production
Five years of Lera output
Oil output from Lera rose 43% over the last 12 months
16.7k bbl in the 12 months through Jul 2026, against 11.7k bbl in the 12 months before. Peak month: Apr 2026, 1,876 bbl.
Gas output from Lera rose 6% over the last 12 months
117k mcf in the 12 months through Jul 2026, against 110k mcf in the 12 months before. Peak month: Jul 2024, 13k mcf.
SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 496774. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.
Leases
Lera leases, biggest first
16,723bbl oil+43% on the year before
19,572mcf gas0% on the year before
18,067mcf gas0% on the year before
17,565mcf gas0% on the year before
11,544mcf gas0% on the year before
9,036mcf gas0% on the year before
8,440mcf gas+107% on the year before
8,030mcf gas0% on the year before
7,626mcf gas+32% on the year before
4,015mcf gas0% on the year before
3,513mcf gas0% on the year before
3,012mcf gas0% on the year before
2,510mcf gas0% on the year before
2,006mcf gas0% on the year before
532mcf gasno full prior year
78mcf gas+39% on the year before
Showing 16 of 16.
SourceTexas Railroad Commission, Production Data Query. Ranked by an approximate value of last-12-month output, so oil and gas wells sort together.
Where they work
Counties and fields where Lera produces
Counties, by Lera oil
Hutchinson County leads
Fields, by Lera oil
Panhandle Hutchinson County Fld. leads
Recent drilling permits for Lera
No recent drilling permits for Lera are in our data yet.
How to read the statement
How to read a Lera royalty statement
The header: who paid you, and for which check
Look for the payor name, your owner number, the check number and the check date. Keep the owner number: every call or letter to the operator starts with it.
What we knowLera is Railroad Commission operator 496774. The name on your check may be a parent company or a payment subsidiary.
The property line: which lease this is
Each lease you own in gets its own block, named as the operator names it. That name can be shorter than the state's, or carry a suffix such as a well number or unit letter.
What we knowLera runs 16 producing leases across 3 counties, so one check can list many properties. Find yours in the table above by name, or search for the name printed on the stub.
Product and volume: barrels, mcf, and the month
The stub shows the production month (the production month, not the check month), the product and your share of the volume. Divide your volume by your decimal to get the lease total, then compare it with the lease page.
What we knowFor example, open ARMSTRONG, M.B., ARMSTRONG, M. B. or ARMSTRONG, M. B. and read the “oil sold” and “gas sold” columns.
Price: what the operator says it got
Oil is usually close to the WTI benchmark for the month. Gas prices vary widely: they depend on where the gas is sold and on what the operator subtracts before it reports a price.
What we knowGas is most of what Lera reports, so the gas price line, and what was subtracted from it, matters more on its statements than the oil price.
Deductions: gathering, compression, processing
Costs taken after the well. Some leases allow them and some do not; your lease and division order say which. A deduction that appears in one month and not the next is worth a question.
What we knowAbout 100% of the gas Lera reported in the last 12 months went straight into pipelines rather than to a processing plant. A processing fee on that gas is worth asking about.
Taxes: severance and ad valorem
Texas severance tax is taken from your share: 4.6% of oil value and 7.5% of gas value at market. Ad valorem tax may also appear. The rate on your stub should match these.
Net: gross, minus deductions and taxes, times your share
Check the arithmetic: volume times price gives gross value, then subtract deductions and taxes. If the net does not match your check, or a month is missing, that is the first thing to ask about.
At a glance
Lera
- RRC operator number (P-5)
- 496774
- Producing leases
- 16
- Counties
- 3
- Biggest county
- Hutchinson County
- Oil, last 12 months
- 16,723 bbl
- Gas sent to plants
- 0.0%
- Gas sold to pipelines
- 100%
- Gas flared or vented
- 0.0%
Owner relations
Who to call at Lera
We have not yet added Lera’s owner relations phone, mailing address or online portal. It is usually printed at the top or bottom of your statement. The Railroad Commission also holds an address for the operator under number 496774.
When there is something to ask