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Producing

LEA, KATIE W. A/C 5

Lea, Katie W. A/C 5 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Sand Hills (Judkins) field.

12 wells

1,438bbl oil, last 12 months−23% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Sand Hills (Judkins)
RRC lease
08-15268

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
24,646 mcf
Oil in Jul 2026
62 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for LEA, KATIE W. A/C 5, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 1,438 bbl in the 12 months through Jul 2026, against 1,866 bbl in the 12 months before.Last 12 months: 1,438 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for LEA, KATIE W. A/C 5, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 1,438 bbl in the 12 months through Jul 2026, against 1,866 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of LEA, KATIE W. A/C 5 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of LEA, KATIE W. A/C 5 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

12 wells on this lease

Wells on LEA, KATIE W. A/C 5
API numberWell no.Status
42-103-036319Shut-in
42-103-0363210Shut-in
42-103-0363311Shut-in
42-103-0363513Active
42-103-0363816Shut-in
42-103-0363917Active
42-103-0364220Active
42-103-3071029Shut-in
42-103-3086731Active
42-103-3086832Active
42-103-3092133Shut-in
42-103-3502892Active

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

8,080 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 7,840 and 8,160 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    16 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, Katie W. A/C 5
API numberWell no.Acreson the permit
42-103-35028928,080
42-103-03635138,160
42-103-03636148,160
42-103-30867317,840
42-103-036319–
42-103-0363210–
42-103-0363311–
42-103-0363412–
42-103-0363816–
42-103-0363917–
42-103-0364220–
42-103-3071029–

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 5
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations62522,0152,0150$80.46$2.89
Jun 2026Formentera Operations59751,6051,6050$84.81$3.15
May 2026Formentera Operations1241292,1702,1700$102.13$2.94
Apr 2026Formentera Operations1271112,0302,0300$100.32$2.77
Mar 2026Formentera Operations1491542,1702,1700$91.38$3.04
Feb 2026Formentera Operations1191141,9601,9600$64.51$3.62
Jan 2026Formentera Operations94952,0862,0860$60.04$7.72
Dec 2025Formentera Operations1211192,1082,1080$57.97$4.26
Nov 2025Formentera Operations1281442,0612,0610$60.06$3.79
Oct 2025Formentera Operations1531462,1702,1700$60.89$3.19
Sep 2025Formentera Operations1481642,1002,1000$63.96$2.97
Aug 2025Formentera Operations1541312,1712,1710$64.86$2.91
Jul 2025Formentera Operations1621682,1662,1660$68.39$3.20
Jun 2025Formentera Operations1611682,1132,1130$68.17$3.02
May 2025Formentera Operations1831733,5283,5280$62.17$3.12
Apr 2025Formentera Operations1711804764760$63.54$3.42
Mar 2025Formentera Operations97821,1101,1100$68.24$4.12
Feb 2025Formentera Operations50501,4091,4090$71.53$4.19
Jan 2025Formentera Operations62601,8601,8600$75.74$4.13
Dec 2024Formentera Operations1701771,9951,9950$70.12$3.01
Nov 2024Formentera Operations1801832,7352,7350$69.95$2.12
Oct 2024Formentera Operations1961972,9212,9210$71.99$2.20
Sep 2024Formentera Operations2092122,6992,6990$70.24$2.28
Aug 2024Formentera Operations2252422,4542,4540$76.68$1.99
Jul 2024Formentera Operations2712571,7861,7860$81.80$2.07
Jun 2024Formentera Operations2702751,4501,4500$79.77$2.54
May 2024Formentera Operations2782681,7091,7090$80.02$2.12
Apr 2024Formentera Operations2892901,5771,5770$85.35$1.60
Mar 2024Formentera Operations3423591,3761,3760$81.28$1.49
Feb 2024Formentera Operations2862802,0842,0840$77.25$1.72
Jan 2024Formentera Operations2602652,2682,2680$74.15$3.18
Dec 2023Formentera Operations2802552,5582,5580$71.90$2.52
Nov 2023Formentera Operations2702822,5202,5200$77.69$2.71
Oct 2023Slant Operating,2792772,5202,5200$85.64$2.98
Sep 2023Slant Operating,2612622,4362,4360$89.43$2.64
Aug 2023Slant Operating,2762912,6042,6040$81.39$2.58

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

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Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldSand Hills (Judkins)CountyCrane County

Formentera Operations LLC in Crane County

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Sand Hills (Judkins) field

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