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Texas oil lease

Producing

JB TUBB A/C 1 TR B

JB Tubb A/C 1 Tr B is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Sand Hills (Wichita Albany, S.) field.

3 wells

7,446bbl oil, last 12 months−65% vs prior year
RRC lease
08-62937

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
128,993 mcf
Oil in Jul 2026
409 bbl

Production by month

Oil output fell 65% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for JB TUBB A/C 1 TR B, Jul 2024 to Jul 2026. Oil output fell 65% over the last 12 months. 7,446 bbl in the 12 months through Jul 2026, against 21,078 bbl in the 12 months before.Last 12 months: 7,446 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for JB TUBB A/C 1 TR B, Jul 2024 to Jul 2026. Oil output fell 65% over the last 12 months. 7,446 bbl in the 12 months through Jul 2026, against 21,078 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

83% of the gas went to a transmission line in the last 12 months

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

  • Transmission line (2)
  • Flared (4)
83% of the gas went to a transmission line in the last 12 monthsShare of JB TUBB A/C 1 TR B gas by disposition code each month, Jul 2024 to Jul 2026. 83% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Jul 24OctJan 25AprJulOctJan 26AprJul
83% of the gas went to a transmission line in the last 12 monthsShare of JB TUBB A/C 1 TR B gas by disposition code each month, Jul 2024 to Jul 2026. 83% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    83% · 107,438 mcf

  • Flared (4)

    17% · 21,555 mcf

16.7% of the gas flared in the last 12 months. 6 months above 3%.

3 wells on this lease

Wells on JB TUBB A/C 1 TR B
API numberWell no.Status
42-103-37058103Active
42-103-37059104Active
42-103-37060108Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enlink Crude Marketing, LLCOilGathers100May 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Jul 17, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Jul 17, 2024–
Plains Marketing, L.p.OilGathers100Jul 17, 2024May 1, 2025

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

778.30 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 JB Tubb A/C 1 Tr B
API numberWell no.Acreson the permit
42-103-37060108778.30
42-103-37058103778.30
42-103-37059104778.30

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

Estimate your royalty

25 months, newest first

Ledger for JB TUBB A/C 1 TR B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264093457,9337,821112$80.46$2.89
Jun 20266688369,00709,007$84.81$3.15
May 20266235029,22809,228$102.13$2.94
Apr 20265004638,7936,2252,568$100.32$2.77
Mar 202690487711,27710,881396$91.38$3.04
Feb 20262022296,0076,0070$64.51$3.62
Jan 20262693307,3487,104244$60.04$7.72
Dec 202535845812,56012,5600$57.97$4.26
Nov 202580485313,52213,5220$60.06$3.79
Oct 202587363714,42714,4270$60.89$3.19
Sep 202578898214,13414,1340$63.96$2.97
Aug 20251,04892414,75714,7570$64.86$2.91
Jul 20256777417,9667,9660$68.39$3.20
Jun 20251,1461,16916,79316,7930$68.17$3.02
May 20251,4471,54917,44517,4450$62.17$3.12
Apr 20251,5821,42119,77518,812963$63.54$3.42
Mar 20251,5081,55918,29518,2950$68.24$4.12
Feb 20252,0722,31420,84820,8480$71.53$4.19
Jan 20251,9361,64226,71826,414304$75.74$4.13
Dec 20241,5591,69321,34221,3420$70.12$3.01
Nov 20241,4351,32621,85821,8580$69.95$2.12
Oct 20242,5412,55440,44240,4420$71.99$2.20
Sep 20241,7051,74436,91736,9170$70.24$2.28
Aug 20243,4703,30032,19432,1940$76.68$1.99
Jul 20242481137,6117,6110$81.80$2.07

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 Crane County

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Sand Hills (Wichita Albany, S.) field

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