Texas oil lease
ProducingLEA, P.J. ET AL
Lea, P.j. Et Al is an oil lease in Crane County, Texas, operated by Ring Energy, Inc. in the Lea, South (Connell) field.
2 wells
- Operator
- Ring Energy, Inc.
- County
- Crane County
- Field
- Lea, South (Connell)
- RRC lease
- 08-10964
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 3,267 mcf
- Oil in Jul 2026
- 99 bbl
Production by month
Oil output fell 27% 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
94% of the gas went to a processing plant in the last 12 months
Flaring peaked at 28.4% of the gas in Jan 2026.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
94% · 3,069 mcf
Flared (4)
6.1% · 198 mcf
6.1% of the gas flared in the last 12 months. 7 months above 3%.
Who has run this lease
The operator changed once, most recently in Sep 2022
- Ring Energy, Inc. Sep 2022 to now
- Stronghold Energy II Oper, LLC Jan 2020 to Aug 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-00227 | 21 T | Active |
| 42-103-33520 | 216 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | Feb 1, 2024 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Feb 1, 2017 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Oct 1, 2011 | – |
| Lpc Crude Iii, LLC | Oil | Gathers | 50 | Jan 1, 2024 | Feb 1, 2024 |
| Sentinel Transportation, LLC | Oil | Gathers | 50 | Jan 1, 2024 | Feb 1, 2024 |
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Feb 1, 2017 | Jan 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
3,200 acres on the newest permit
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-33603 | 219 | Jul 26, 2021 | Mar 19, 1985 | 3,200 |
| 42-103-33520 | 214 | Jun 16, 2021 | Sep 20, 1984 | 3,200 |
| 42-103-33520 | 216 | Jun 16, 2021 | Sep 20, 1984 | 3,200 |
| 42-103-00227 | 21 T | – | Jan 12, 1984 | – |
What Ring Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $95.45 | −$5.20 | $9.96 | SEC filing |
| Q1 2026 | $68.97 | −$2.54 | $4.96 | SEC filing |
| Q4 2025 | $57.47 | −$2.49 | $5.29 | SEC filing |
| Q3 2025 | $64.32 | −$1.22 | $5.22 | SEC filing |
| Q2 2025 | $62.69 | −$1.31 | $6.19 | SEC filing |
| Q1 2025 | $70.40 | −$0.19 | $9.65 | SEC filing |
SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Ring Energy, | 99 | 85 | 353 | 353 | 0 | $80.46 | $2.89 |
| Jun 2026Ring Energy, | 47 | 44 | 289 | 253 | 36 | $84.81 | $3.15 |
| May 2026Ring Energy, | 51 | 63 | 253 | 253 | 0 | $102.13 | $2.94 |
| Apr 2026Ring Energy, | 108 | 99 | 293 | 293 | 0 | $100.32 | $2.77 |
| Mar 2026Ring Energy, | 122 | 129 | 283 | 272 | 11 | $91.38 | $3.04 |
| Feb 2026Ring Energy, | 145 | 136 | 346 | 346 | 0 | $64.51 | $3.62 |
| Jan 2026Ring Energy, | 132 | 155 | 197 | 141 | 56 | $60.04 | $7.72 |
| Dec 2025Ring Energy, | 115 | 94 | 285 | 262 | 23 | $57.97 | $4.26 |
| Nov 2025Ring Energy, | 121 | 125 | 235 | 235 | 0 | $60.06 | $3.79 |
| Oct 2025Ring Energy, | 137 | 135 | 324 | 252 | 72 | $60.89 | $3.19 |
| Sep 2025Ring Energy, | 95 | 97 | 215 | 215 | 0 | $63.96 | $2.97 |
| Aug 2025Ring Energy, | 83 | 89 | 194 | 194 | 0 | $64.86 | $2.91 |
| Jul 2025Ring Energy, | 161 | 159 | 133 | 133 | 0 | $68.39 | $3.20 |
| Jun 2025Ring Energy, | 148 | 146 | 169 | 169 | 0 | $68.17 | $3.02 |
| May 2025Ring Energy, | 130 | 135 | 213 | 213 | 0 | $62.17 | $3.12 |
| Apr 2025Ring Energy, | 133 | 129 | 230 | 230 | 0 | $63.54 | $3.42 |
| Mar 2025Ring Energy, | 144 | 146 | 178 | 178 | 0 | $68.24 | $4.12 |
| Feb 2025Ring Energy, | 148 | 149 | 155 | 155 | 0 | $71.53 | $4.19 |
| Jan 2025Ring Energy, | 157 | 151 | 223 | 223 | 0 | $75.74 | $4.13 |
| Dec 2024Ring Energy, | 134 | 138 | 258 | 258 | 0 | $70.12 | $3.01 |
| Nov 2024Ring Energy, | 133 | 126 | 186 | 186 | 0 | $69.95 | $2.12 |
| Oct 2024Ring Energy, | 110 | 118 | 97 | 97 | 0 | $71.99 | $2.20 |
| Sep 2024Ring Energy, | 130 | 133 | 112 | 112 | 0 | $70.24 | $2.28 |
| Aug 2024Ring Energy, | 185 | 186 | 151 | 151 | 0 | $76.68 | $1.99 |
| Jul 2024Ring Energy, | 217 | 214 | 197 | 197 | 0 | $81.80 | $2.07 |
| Jun 2024Ring Energy, | 142 | 143 | 101 | 101 | 0 | $79.77 | $2.54 |
| May 2024Ring Energy, | 176 | 174 | 109 | 109 | 0 | $80.02 | $2.12 |
| Apr 2024Ring Energy, | 142 | 141 | 126 | 126 | 0 | $85.35 | $1.60 |
| Mar 2024Ring Energy, | 154 | 152 | 140 | 140 | 0 | $81.28 | $1.49 |
| Feb 2024Ring Energy, | 133 | 141 | 166 | 166 | 0 | $77.25 | $1.72 |
| Jan 2024Ring Energy, | 277 | 285 | 365 | 365 | 0 | $74.15 | $3.18 |
| Dec 2023Ring Energy, | 271 | 265 | 391 | 391 | 0 | $71.90 | $2.52 |
| Nov 2023Ring Energy, | 201 | 196 | 523 | 523 | 0 | $77.69 | $2.71 |
| Oct 2023Ring Energy, | 187 | 177 | 445 | 436 | 9 | $85.64 | $2.98 |
| Sep 2023Ring Energy, | 98 | 97 | 304 | 268 | 36 | $89.43 | $2.64 |
| Aug 2023Ring Energy, | 87 | 89 | 302 | 291 | 11 | $81.39 | $2.58 |
Flared above 3%
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
Ring Energy, Inc. in Crane County
- TUBB, J. B. ETAL TR. -C-
853 bbl
- SNODGRASS, E.N. 18
1,352 bbl
- UNIVERSITY 31-8
1,064 bbl
- STATE -KJ-
1,191 bbl
- STATE -KK-
1,112 bbl
- TUBB, J.B., ETAL
800 bbl
- LEA, P.J. ET AL
745 bbl
- MCKNIGHT, M. B.
604 bbl
- TUBB, J.B. -B-
566 bbl
- TUBB, J. B.
6,783 mcf
Lea, South (Connell) field
No other producing leases in this field are in our data yet.
Leases within 10 km
- LEA, P.J. ET AL
42,468 bbl · 0 km
- LEA, P.J. ET AL
0 bbl · 0.1 km
- LEA, P.J. ET AL
184,736 bbl · 0.1 km
- LEA, P.J. ET AL
6,577 bbl · 0.2 km
- LEA, P.J. ET AL
3,936 bbl · 0.2 km
- LEA, P.J. ET AL
745 bbl · 0.3 km
- LEA, P.J. ET AL
345,531 bbl · 0.3 km
- WADDELL TR H
890 bbl · 0.5 km
- WADDELL TR H
6,563 bbl · 0.5 km
- WADDELL TR H
2,910 bbl · 0.6 km
Drilling permits within 10 km
LEA, P.J. ETAL #4029TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 4.3 km
Permit 0918012 · Sep 18, 2026
LEA, P.J. ETAL #4027TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 4.2 km
Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
new drill · horizontal · Ring Energy, Inc. · Crane County · 4.2 km
Permit 0918008 · Sep 18, 2026
LEA, P.J. ETAL #4025JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 4.2 km
Permit 0918001 · Sep 17, 2026
LEA, P.J. ETAL #3915GH
new drill · horizontal · Ring Energy, Inc. · Crane County · 3.1 km
Permit 0917512 · Sep 9, 2026