Skip to content
Royalty Clerk

Texas oil lease

Producing

LEA, KATIE W., A/C #3

Lea, Katie W., A/C #3 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Lea (Penn.) field.

5 wells

735bbl oil, last 12 months−20% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Lea (Penn.)
RRC lease
08-03456

Is your check right?

Check my statement

Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
37 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production for LEA, KATIE W., A/C #3, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 735 bbl in the 12 months through Jul 2026, against 919 bbl in the 12 months before.Last 12 months: 735 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production for LEA, KATIE W., A/C #3, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 735 bbl in the 12 months through Jul 2026, against 919 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 4 times, most recently in Nov 2023

Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Contango Resources, Inc., Feb 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Jun 2022; Slant Operating, LLC, Jul 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2022Changed Jul 2022Changed Nov 2023Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Contango Resources, Inc.Feb 2021 to Dec 2021Contango Resources, LLCJan 2022 to Jun 2022Slant Operating, LLCJul 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Contango Resources, Inc., Feb 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Jun 2022; Slant Operating, LLC, Jul 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2022Changed Jul 2022Changed Nov 2023Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Contango Resources, Inc.Feb 2021 to Dec 2021Contango Resources, LLCJan 2022 to Jun 2022Slant Operating, LLCJul 2022 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on LEA, KATIE W., A/C #3
API numberWell no.Status
42-103-0364018Shut-in
42-103-1000724 LActive
42-103-1047025Shut-in
42-103-1062526Active
42-103-3426337Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Concord Crude Oil Marketing LLCOilGathers100Dec 1, 2020–
Targa Midstream Services LLCCasinghead gasBuys100Jul 1, 2022–
Targa Midstream Services LLCCasinghead gasGathers100Jul 1, 2022–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Jul 1, 2022
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Jul 1, 2022
Hollyfrontier Ref & Mktg LLCOilGathers100Sep 1, 2011Dec 1, 2020

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

Who buys my oilOil price check

8,160 acres on the newest permit

Check your decimal on this lease
Permits for Lea, Katie W., A/C #3
API numberWell no.Acreson the permit
42-103-34263378,160
42-103-0364018–
42-103-1000724 L–
42-103-1047025–
42-103-1062526–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LEA, KATIE W., A/C #3
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations370$80.46$2.89
Jun 2026Formentera Operations49169$84.81$3.15
May 2026Formentera Operations390$102.13$2.94
Apr 2026Formentera Operations520$100.32$2.77
Mar 2026Formentera Operations80187$91.38$3.04
Feb 2026Formentera Operations740$64.51$3.62
Jan 2026Formentera Operations69182$60.04$7.72
Dec 2025Formentera Operations720$57.97$4.26
Nov 2025Formentera Operations500$60.06$3.79
Oct 2025Formentera Operations660$60.89$3.19
Sep 2025Formentera Operations67186$63.96$2.97
Aug 2025Formentera Operations800$64.86$2.91
Jul 2025Formentera Operations74176$68.39$3.20
Jun 2025Formentera Operations750$68.17$3.02
May 2025Formentera Operations84178$62.17$3.12
Apr 2025Formentera Operations710$63.54$3.42
Mar 2025Formentera Operations76178$68.24$4.12
Feb 2025Formentera Operations60$71.53$4.19
Jan 2025Formentera Operations490$75.74$4.13
Dec 2024Formentera Operations860$70.12$3.01
Nov 2024Formentera Operations88179$69.95$2.12
Oct 2024Formentera Operations940$71.99$2.20
Sep 2024Formentera Operations100183$70.24$2.28
Aug 2024Formentera Operations1160$76.68$1.99
Jul 2024Formentera Operations107179$81.80$2.07
Jun 2024Formentera Operations115188$79.77$2.54
May 2024Formentera Operations1240$80.02$2.12
Apr 2024Formentera Operations119188$85.35$1.60
Mar 2024Formentera Operations107185$81.28$1.49
Feb 2024Formentera Operations1310$77.25$1.72
Jan 2024Formentera Operations117176$74.15$3.18
Dec 2023Formentera Operations118182$71.90$2.52
Nov 2023Formentera Operations1170$77.69$2.71
Oct 2023Slant Operating,118185$85.64$2.98
Sep 2023Slant Operating,1250$89.43$2.64
Aug 2023Slant Operating,118187$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 reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldLea (Penn.)CountyCrane County

Formentera Operations LLC in Crane County

All Formentera Operations LLC leases →

Lea (Penn.) field

No other producing leases in this field are in our data yet.

Leases within 10 km

Drilling permits within 10 km