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Texas oil lease

Producing

J. B. TUBB A/C 1

J. B. Tubb A/C 1 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Running W, N. (Holt) field.

Oil lease dossier

1,483bbl oil, last 12 months−11% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Running W, N. (Holt)
RRC lease
08-57597

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
20,167 mcf
Oil in Jul 2026
114 bbl

Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for J. B. TUBB A/C 1, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 1,483 bbl in the 12 months through Jul 2026, against 1,662 bbl in the 12 months before.Last 12 months: 1,483 bblbbl per monthmcf per month001002,5002005,0003007,50040010k50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for J. B. TUBB A/C 1, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 1,483 bbl in the 12 months through Jul 2026, against 1,662 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002,5002005,0003007,50040010k50012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
88% of the gas went to a transmission line in the last 12 monthsShare of J. B. TUBB A/C 1 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of J. B. TUBB A/C 1 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 17,765 mcf

  • Flared (4)

    12% · 2,402 mcf

11.9% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2023

Operators of this lease over timeSlant Operating, LLC, May 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCMay 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeSlant Operating, LLC, May 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCMay 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
Enlink Crude Marketing, LLCOilGathers100May 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100May 23, 2022–
Targa Midstream Services LLCCasinghead gasGathers100May 23, 2022–
Plains Marketing, L.p.OilGathers100May 23, 2022May 1, 2025

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

Who buys my oilOil price check

360 acres on the newest permit

Check your decimal on this lease
Permits for J. B. Tubb A/C 1
API numberWell no.Acreson the permit
42-103-35832371360

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for J. B. TUBB A/C 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations1141161,1541,14311$80.46$2.89
Jun 2026Formentera Operations1251227800780$84.81$3.15
May 2026Formentera Operations1401371,569191,550$102.13$2.94
Apr 2026Formentera Operations1161211,6621,63329$100.32$2.77
Mar 2026Formentera Operations1151181,5561,54214$91.38$3.04
Feb 2026Formentera Operations71671,2101,2100$64.51$3.62
Jan 2026Formentera Operations74691,3121,29418$60.04$7.72
Dec 2025Formentera Operations1121141,7351,7350$57.97$4.26
Nov 2025Formentera Operations1131181,5361,5360$60.06$3.79
Oct 2025Formentera Operations1091071,6921,6920$60.89$3.19
Sep 2025Formentera Operations1851882,1972,1970$63.96$2.97
Aug 2025Formentera Operations2092223,7643,7640$64.86$2.91
Jul 2025Formentera Operations2092013,3103,3100$68.39$3.20
Jun 2025Formentera Operations1181093,5403,5400$68.17$3.02
May 2025Formentera Operations1351443,2263,2260$62.17$3.12
Apr 2025Formentera Operations1231252,5962,57026$63.54$3.42
Mar 2025Formentera Operations2242181,8211,8210$68.24$4.12
Feb 2025Formentera Operations1551603,7253,7250$71.53$4.19
Jan 2025Formentera Operations1301303,8803,8800$75.74$4.13
Dec 2024Formentera Operations1191042,5562,5560$70.12$3.01
Nov 2024Formentera Operations69841581580$69.95$2.12
Oct 2024Formentera Operations1931951471470$71.99$2.20
Sep 2024Formentera Operations13911978780$70.24$2.28
Aug 2024Formentera Operations484610,37410,3740$76.68$1.99
Jul 2024Formentera Operations333511,50311,5030$81.80$2.07
Jun 2024Formentera Operations1021112722720$79.77$2.54
May 2024Formentera Operations1981991,4201,4200$80.02$2.12
Apr 2024Formentera Operations2011991,4241,4240$85.35$1.60
Mar 2024Formentera Operations1491417317310$81.28$1.49
Feb 2024Formentera Operations3353833693690$77.25$1.72
Jan 2024Formentera Operations3793536136130$74.15$3.18
Dec 2023Formentera Operations5004986796763$71.90$2.52
Nov 2023Formentera Operations3653454564560$77.69$2.71
Oct 2023Slant Operating,15115741340310$85.64$2.98
Sep 2023Slant Operating,18718679572669$89.43$2.64
Aug 2023Slant Operating,18119085882731$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

OperatorFormentera Operations LLCFieldRunning W, N. (Holt)CountyCrane County

Formentera Operations LLC in Crane County

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Running W, N. (Holt) field

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