Texas oil lease
ProducingJ. B. TUBB A/C 1 TR A
J. B. Tubb A/C 1 Tr A is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Sand Hills (San Angelo, Upper) field.
1 well
- Operator
- Formentera Operations LLC
- County
- Crane County
- RRC lease
- 08-57602
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 77,375 mcf
- Oil in Jul 2026
- 721 bbl
Production by month
Oil output fell 69% 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
75% 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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
75% · 58,300 mcf
Flared (4)
25% · 19,075 mcf
24.7% 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
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jun 2022 to Oct 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-36979 | 503 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enlink Crude Marketing, LLC | Oil | Gathers | 100 | May 1, 2025 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Nov 21, 2023 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Nov 21, 2023 | – |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Nov 21, 2023 | May 1, 2025 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2023 | Nov 21, 2023 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2023 | Nov 21, 2023 |
| Eastex Crude Company, LLC | Oil | Gathers | 100 | Apr 1, 2023 | Nov 21, 2023 |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Jun 3, 2022 | Apr 1, 2023 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Jun 3, 2022 | Apr 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
640 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 360 and 640 acres. Use the acres from your own division order for the well you are paid on.
- Worth asking
A substandard-acreage flag is in the permit records
The RRC permit records include a substandard-acreage flag. Ask which acreage applies to your well and how it was used in your decimal.
- 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 |
|---|---|---|---|---|
| 42-103-35187 | 313 | Jun 13, 2025 | Aug 14, 2025 | 640 |
| 42-103-36979 | 503 | Mar 7, 2023 | Apr 5, 2023 | 640 |
| 42-103-35329 | 332 | Jun 13, 2022 | Jun 17, 2022 | 360 |
| 42-103-35460 | 343 | May 31, 2022 | Jun 3, 2022 | 360 |
| 42-103-35973 | 372 | Mar 18, 2022 | Sep 2, 2022 | 360 |
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 | 721 | 638 | 8,549 | 8,513 | 36 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 161 | 156 | 8,119 | 0 | 8,119 | $84.81 | $3.15 |
| May 2026Formentera Operations | 220 | 219 | 10,789 | 53 | 10,736 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 208 | 213 | 4,434 | 4,353 | 81 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 200 | 233 | 3,628 | 3,593 | 35 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 195 | 184 | 3,879 | 3,879 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 191 | 170 | 5,249 | 5,181 | 68 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 306 | 322 | 6,251 | 6,251 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 332 | 337 | 5,928 | 5,928 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 317 | 309 | 6,880 | 6,880 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 275 | 264 | 7,838 | 7,838 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 287 | 303 | 5,831 | 5,831 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 306 | 328 | 6,259 | 6,259 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 472 | 461 | 6,315 | 6,315 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 596 | 667 | 7,718 | 7,718 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 597 | 539 | 7,375 | 7,290 | 85 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 681 | 688 | 4,111 | 4,111 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 635 | 692 | 2,839 | 2,839 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 709 | 727 | 2,357 | 2,357 | 0 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 1,498 | 1,596 | 18,182 | 18,182 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 1,383 | 1,252 | 11,050 | 11,050 | 0 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 1,022 | 1,047 | 6,892 | 6,892 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 1,393 | 1,318 | 7,491 | 7,491 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 1,668 | 1,856 | 14,040 | 14,040 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 1,531 | 1,356 | 30,656 | 30,656 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 1,326 | 1,399 | 29,236 | 29,236 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 2,141 | 2,151 | 34,798 | 34,798 | 0 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 2,101 | 2,087 | 34,407 | 34,407 | 0 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 1,374 | 1,270 | 29,280 | 29,280 | 0 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 914 | 960 | 18,436 | 18,436 | 0 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 772 | 750 | 21,137 | 21,137 | 0 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 767 | 714 | 19,045 | 18,983 | 62 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 411 | 478 | 17,865 | 17,865 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 1,153 | 1,148 | 23,408 | 23,084 | 324 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 1,276 | 1,284 | 24,668 | 22,812 | 1,856 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 1,655 | 1,776 | 23,962 | 23,098 | 864 | $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
Formentera Operations LLC in Crane County
- TUBB, J. B. "F"
4,832 bbl
- UNIVERSITY LANDS 36
7,011 bbl
- UNIVERSITY DEVONIAN A 37
7,281 bbl
- TEXAS UNIVERSITY SEC. 1 & 2
6,312 bbl
- TUBB, J. B., -B-
1,430 bbl
- TUBB, J. B., -F-
2,293 bbl
- UNIVERSITY LANDS 25-B
5,066 bbl
- COWDEN 10
3,875 bbl
- UNIVERSITY 48
3,927 bbl
- STATE OF TEXAS -DW-
4,396 bbl
Sand Hills (San Angelo, Upper) field
- ES VEDRA
49,116 bbl
- TUBB, J. B. -C-
7,528 bbl
- LEA, P.J.
8,206 bbl
- STEDE BONNET E
6,324 bbl
- TUBB, J. B. A/C #1
2,632 bbl
- TUBB, J. B.
1,908 bbl
- TUBB, J. B. I
601 bbl
- WADDELL TR B
1,010 bbl
- TUBB, J. B. A/C #2
1,315 bbl
- J. B. TUBB C AC2
268 bbl
Leases within 10 km
- TUBB, J. B. A/C #1
0 mcf · 0.2 km
- TUBB, J. B. A/C #1
18,079 bbl · 0.2 km
- TUBB, J. B. A/C 1
1,471 bbl · 0.3 km
- WADDELL TR A
3,849,390 bbl · 0.3 km
- J. B. TUBB A/C 1 TR A
25,952 bbl · 0.4 km
- J. B. TUBB A/C 1
210 bbl · 0.5 km
- LEA, P.J.
0 mcf · 0.5 km
- SAND HILLS TUBB UNIT
10,293 bbl · 0.5 km
- TUBB, J.B.
386 bbl · 0.6 km
- LEA, P. J. A/C 2
0 mcf · 0.6 km
Drilling permits within 10 km
LEA, P.J. ETAL #4029TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9.3 km
Permit 0918012 · Sep 18, 2026
LEA, P.J. ETAL #4027TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9.4 km
Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9.4 km
Permit 0918008 · Sep 18, 2026
LEA, P.J. ETAL #4025JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9.4 km
Permit 0918001 · Sep 17, 2026
LEA, P.J. ETAL #3915GH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9.9 km
Permit 0917512 · Sep 9, 2026