Texas oil lease
ProducingLEA, 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 (McKnight) field.
Oil lease dossier
- Operator
- Formentera Operations LLC
- County
- Crane County
- RRC lease
- 08-59803
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 3,469 mcf
- Oil in Jul 2026
- 162 bbl
Production by month
Oil output fell 45% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Nov 2023
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jun 2023 to Oct 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Concord Crude Oil Marketing LLC | Oil | Gathers | 100 | Jun 18, 2023 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Jun 18, 2023 |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Jun 18, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Formentera Operations | 162 | 141 | 191 | 191 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 147 | 152 | 103 | 103 | 0 | $84.81 | $3.15 |
| May 2026Formentera Operations | 160 | 159 | 243 | 243 | 0 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 122 | 112 | 268 | 268 | 0 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 188 | 200 | 321 | 321 | 0 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 148 | 146 | 368 | 368 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 110 | 101 | 261 | 261 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 123 | 123 | 230 | 230 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 138 | 148 | 276 | 276 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 168 | 165 | 374 | 374 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 166 | 180 | 401 | 401 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 184 | 162 | 433 | 433 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 170 | 179 | 499 | 499 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 207 | 222 | 574 | 574 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 216 | 206 | 533 | 533 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 218 | 221 | 3,287 | 3,287 | 0 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 168 | 151 | 3,863 | 3,863 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 59 | 61 | 1,714 | 1,714 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 98 | 101 | 2,293 | 2,293 | 0 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 332 | 355 | 2,109 | 2,109 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 456 | 463 | 823 | 823 | 0 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 556 | 550 | 1,723 | 1,723 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 428 | 437 | 1,510 | 1,510 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 380 | 375 | 1,405 | 1,405 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 419 | 411 | 2,960 | 2,960 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 383 | 406 | 2,121 | 2,121 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 497 | 473 | 2,264 | 2,264 | 0 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 352 | 326 | 2,250 | 2,250 | 0 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 296 | 331 | 1,265 | 1,265 | 0 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 483 | 498 | 1,265 | 1,265 | 0 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 431 | 438 | 866 | 866 | 0 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 534 | 488 | 1,163 | 1,163 | 0 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 607 | 619 | 1,318 | 1,318 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 552 | 549 | 1,356 | 1,356 | 0 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 587 | 602 | 1,140 | 1,140 | 0 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 791 | 835 | 1,414 | 1,414 | 0 | $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
Formentera Operations LLC in Crane County
- J. B. TUBB A/C 1
1,483 bbl
- TUBB, J.B. 'B' A/C 2
1,451 bbl
- TUBB, J. B. I
601 bbl
- UNIVERSITY -35-
1,900 bbl
- TUBB, J. B. -A- A/C #2
1,887 bbl
- KING 27
1,868 bbl
- J B TUBB A A/C 2
1,698 bbl
- LEA, P.J. "B"
1,951 bbl
- UNIVERSITY DEVONIAN A 25
723 bbl
- TUBB, J. B. B A/C 2
1,343 bbl
Sand Hills (McKnight) field
- WADDELL TR A
69,988 mcf
- WADDELL TR C
2,644 bbl
- TUBB, J. B. -A- A/C #3
1,351 bbl
- TUBB, J.B. 'B' A/C 2
1,451 bbl
- JOHNSON-STATE
2,132 bbl
- REIDLAND
1,898 bbl
- TUBB-STATE, J.B.
1,558 bbl
- REIDLAND-STATE
1,494 bbl
- BARNSLEY, M. L., "A"
971 bbl
- GULF TUBB
857 bbl
New drilling permits in Crane County
Newest in the county: this lease has no coordinates.
BLOCK 31 UNIT #H 5H
recompletion · OXY USA EOR, LLC · Crane County
Permit 0918850 · Sep 28, 2026
BLOCK 31 UNIT #K 3K
recompletion · Hilcorp Energy Company · Crane County
Permit 0918855 · Sep 25, 2026
LEA, P.J. ETAL #4029TH
new drill · horizontal · Ring Energy, Inc. · Crane County
Permit 0918012 · Sep 18, 2026
LEA, P.J. ETAL #4027TH
new drill · horizontal · Ring Energy, Inc. · Crane County
Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
new drill · horizontal · Ring Energy, Inc. · Crane County
Permit 0918008 · Sep 18, 2026