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Texas oil lease

Producing

BLUE ESTATE

Blue Estate is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Wheeler (Wichita-Albany) field.

Oil lease dossier

832bbl oil, last 12 months−5% vs prior year
RRC lease
08-60044

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
13,894 mcf
Oil in Jul 2026
86 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for BLUE ESTATE, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 832 bbl in the 12 months through Jul 2026, against 874 bbl in the 12 months before.Last 12 months: 832 bblbbl per monthmcf per month00501,0001002,0001503,0002004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for BLUE ESTATE, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 832 bbl in the 12 months through Jul 2026, against 874 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,000Jan 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

Flaring peaked at 48.2% of the gas in May 2024.

  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of BLUE ESTATE 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. Flaring peaked at 48.2% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 48.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of BLUE ESTATE 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. Flaring peaked at 48.2% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 48.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Nov 2023

Operators of this lease over timeSlant Operating, LLC, Sep 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCSep 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeSlant Operating, LLC, Sep 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCSep 2022 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100May 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Sep 27, 2022–
Dcp Operating Company, LPCasinghead gasGathers100Sep 27, 2022–
Plains Marketing, L.p.OilGathers100Sep 27, 2022May 1, 2026

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

490.02 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.

Check your decimal on this lease
Permits for Blue Estate
API numberWell no.Acreson the permit
42-495-3218514490.02

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

Estimate your royalty

36 months, newest first

Ledger for BLUE ESTATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations861193,0743,0740$80.46$2.89
Jun 2026Formentera Operations13622732320$84.81$3.15
May 2026Formentera Operations80201581580$102.13$2.94
Apr 2026Formentera Operations76721,9411,9410$100.32$2.77
Mar 2026Formentera Operations70741,6511,6510$91.38$3.04
Feb 2026Formentera Operations6391,3371,3370$64.51$3.62
Jan 2026Formentera Operations42741,2271,2270$60.04$7.72
Dec 2025Formentera Operations46609079070$57.97$4.26
Nov 2025Formentera Operations71499859850$60.06$3.79
Oct 2025Formentera Operations50397657650$60.89$3.19
Sep 2025Formentera Operations63558598590$63.96$2.97
Aug 2025Formentera Operations49739589580$64.86$2.91
Jul 2025Formentera Operations50335075070$68.39$3.20
Jun 2025Formentera Operations51365425420$68.17$3.02
May 2025Formentera Operations396321210$62.17$3.12
Apr 2025Formentera Operations7786000$63.54$3.42
Mar 2025Formentera Operations4890220$68.24$4.12
Feb 2025Formentera Operations7237000$71.53$4.19
Jan 2025Formentera Operations7569000$75.74$4.13
Dec 2024Formentera Operations5956000$70.12$3.01
Nov 2024Formentera Operations66798348340$69.95$2.12
Oct 2024Formentera Operations89931,1411,1410$71.99$2.20
Sep 2024Formentera Operations1321241,1931,1930$70.24$2.28
Aug 2024Formentera Operations1161021,4091,057352$76.68$1.99
Jul 2024Formentera Operations1201541,443886557$81.80$2.07
Jun 2024Formentera Operations116911,2601,048212$79.77$2.54
May 2024Formentera Operations68681,039538501$80.02$2.12
Apr 2024Formentera Operations86941,134975159$85.35$1.60
Mar 2024Formentera Operations98721,0271,00027$81.28$1.49
Feb 2024Formentera Operations706886181645$77.25$1.72
Jan 2024Formentera Operations5765976867109$74.15$3.18
Dec 2023Formentera Operations66711,017902115$71.90$2.52
Nov 2023Formentera Operations70611,0121,0120$77.69$2.71
Oct 2023Slant Operating,7263934736198$85.64$2.98
Sep 2023Slant Operating,94132924721203$89.43$2.64
Aug 2023Slant Operating,10680911706205$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

Formentera Operations LLC in Winkler County

All Formentera Operations LLC leases →

Wheeler (Wichita-Albany) field

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

New drilling permits in Winkler County

Newest in the county: this lease has no coordinates.