Texas oil lease
Shut inLEA, KATIE W.
Lea, Katie W. is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Lea (Penn. Detrital) field.
2 wells
- Operator
- Formentera Operations LLC
- County
- Crane County
- Field
- Lea (Penn. Detrital)
- RRC lease
- 08-18339
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Sales
No sales reported for the last 12 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
No production to chart
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 4 times, most recently in Nov 2023
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jul 2022 to Oct 2023
- Contango Resources, LLC Jan 2022 to Jun 2022
- Contango Resources, Inc. Feb 2021 to Dec 2021
- Grizzly Op of Delaware, LLC Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-35540 | 72 | Shut-in |
| 42-103-35591 | 74 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Concord Crude Oil Marketing LLC | Oil | Gathers | 100 | Dec 1, 2020 | – |
| Hollyfrontier Ref & Mktg LLC | Oil | Gathers | 100 | Sep 1, 2011 | Dec 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
8,160 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-35591 | 74 | Jun 9, 2009 | Oct 11, 2008 | 8,160 |
| 42-103-35540 | 72 | Jun 21, 2008 | Oct 24, 2008 | 8,160 |
| 42-103-10007 | 24 C | – | Feb 12, 1964 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Formentera Operations | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 0 | 0 | $84.81 | $3.15 |
| May 2026Formentera Operations | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 0 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 0 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 0 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Formentera Operations LLC in Crane County
- JUDKINS GAS UNIT III
1,665 mcf
- JUDKINS GAS UNIT NO. 2
1,461 mcf
- EAST BLOCK 31/ATOKA/UNIT
1,219 mcf
- JUDKINS GAS UNIT II
1,209 mcf
- UNIVERSITY 38
757 mcf
- JUDKINS GAS UNIT #2
733 mcf
- JUDKINS GAS UNIT # 3
730 mcf
- JUDKINS GAS UNIT II
586 mcf
- UNIVERSITY "47A"
152 mcf
- UNIVERSITY "37A"
12 mcf
Leases within 10 km
- LEA, KATIE W. A/C 5
1,438 bbl · 0.2 km
- LEA, KATIE W.
0 mcf · 0.3 km
- LEA, KATIE W.
0 mcf · 0.6 km
- SAND HILLS TUBB UNIT
10,293 bbl · 0.6 km
- SAND HILLS JUDKINS UNIT
0 mcf · 0.9 km
- LEA, KATIE W.
0 mcf · 1 km
- SAND HILL TUBB UNIT
0 mcf · 1 km
- SAND HILLS JUDKINS UNIT
0 mcf · 1.1 km
- LEA, P.J.
0 mcf · 1.1 km
- LEA, P.J. "B"
1,951 bbl · 1.1 km
Drilling permits within 10 km
LEA, P.J. ETAL #4027TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 6.8 km
Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4029TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 6.8 km
Permit 0918012 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
new drill · horizontal · Ring Energy, Inc. · Crane County · 6.8 km
Permit 0918008 · Sep 18, 2026
LEA, P.J. ETAL #4025JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 6.8 km
Permit 0918001 · Sep 17, 2026
LEA, P.J. ETAL #3915GH
new drill · horizontal · Ring Energy, Inc. · Crane County · 6.8 km
Permit 0917512 · Sep 9, 2026