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KEYSTONE CATTLE COMPANY

Keystone Cattle Company is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Keystone (Colby) field.

16 wells

0bbl oil, last 12 months
Operator
Formentera Operations LLC
County
Winkler County
Field
Keystone (Colby)
RRC lease
08-27106

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for KEYSTONE CATTLE COMPANY, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Nov 2024, at 49 bbl.Last 12 months: 0 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for KEYSTONE CATTLE COMPANY, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Nov 2024, at 49 bbl.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 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

All of the gas went to a transmission line in the last 12 monthsShare of KEYSTONE CATTLE COMPANY 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of KEYSTONE CATTLE COMPANY 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in May 2024

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to May 2021; Saddleback Exploration, LLC, Jun 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Jun 2021Changed May 2024Blackbeard Operating, LLCJan 2020 to May 2021Saddleback Exploration, LLCJun 2021 to Apr 2024Formentera Operations LLCMay 2024 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to May 2021; Saddleback Exploration, LLC, Jun 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Jun 2021Changed May 2024Blackbeard Operating, LLCJan 2020 to May 2021Saddleback Exploration, LLCJun 2021 to Apr 2024Formentera Operations LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

16 wells on this lease

Wells on KEYSTONE CATTLE COMPANY
API numberWell no.Status
42-495-01345196Shut-in
42-495-314254Active
42-495-315418CActive
42-495-316039CShut-in
42-495-3162713 CShut-in
42-495-3162811CActive
42-495-3167612 CShut-in
42-495-3171114 CActive
42-495-3171416CActive
42-495-3171515 CActive
42-495-3200718 CShut-in
42-495-320083 WShut-in
42-495-320092 WShut-in
42-495-320101 WShut-in
42-495-320114 WActive
42-495-3201217 CActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Dec 1, 2022–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Dec 1, 2022–
Etc Texas P/L, LTDCasinghead gasBuys100Dec 1, 2022Oct 1, 2023
Energy Transfer CompanyCasinghead gasGathers50May 1, 2018Dec 1, 2022
Targa Midstream Services LLCCasinghead gasGathers50May 1, 2018Dec 1, 2022
Etc Texas P/L, LTDCasinghead gasBuys50Apr 13, 2022Dec 1, 2022
Targa Midstream Services LLCCasinghead gasBuys50May 1, 2018Dec 1, 2022
Eastex Crude CompanyOilGathers100Jun 1, 2021Dec 1, 2022

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

Who buys my oilOil price check

512 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 215 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    16 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Keystone Cattle Company
API numberWell no.Acreson the permit
42-495-314254512
42-495-320083 W514
42-495-320092 W514
42-495-320101 W514
42-495-320114 W514
42-495-3201217 C514
42-495-3200718 C215
42-495-3171416C514
42-495-3171515 C514
42-495-3171114 C514
42-495-3167612 C514
42-495-3162713 C514

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for KEYSTONE CATTLE COMPANY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations00000$80.46$2.89
Jun 2026Formentera Operations00000$84.81$3.15
May 2026Formentera Operations00000$102.13$2.94
Apr 2026Formentera Operations00000$100.32$2.77
Mar 2026Formentera Operations00000$91.38$3.04
Feb 2026Formentera Operations00000$64.51$3.62
Jan 2026Formentera Operations00000$60.04$7.72
Dec 2025Formentera Operations00000$57.97$4.26
Nov 2025Formentera Operations00000$60.06$3.79
Oct 2025Formentera Operations00000$60.89$3.19
Sep 2025Formentera Operations00000$63.96$2.97
Aug 2025Formentera Operations00000$64.86$2.91
Jul 2025Formentera Operations00000$68.39$3.20
Jun 2025Formentera Operations00000$68.17$3.02
May 2025Formentera Operations00000$62.17$3.12
Apr 2025Formentera Operations00000$63.54$3.42
Mar 2025Formentera Operations00000$68.24$4.12
Feb 2025Formentera Operations00000$71.53$4.19
Jan 2025Formentera Operations00000$75.74$4.13
Dec 2024Formentera Operations00000$70.12$3.01
Nov 2024Formentera Operations49110000$69.95$2.12
Oct 2024Formentera Operations98119000$71.99$2.20
Sep 2024Formentera Operations145129220$70.24$2.28
Aug 2024Formentera Operations13713972720$76.68$1.99
Jul 2024Formentera Operations13913828280$81.80$2.07
Jun 2024Formentera Operations15515418180$79.77$2.54
May 2024Formentera Operations15717836360$80.02$2.12
Apr 2024Saddleback Exploration,117107000$85.35$1.60
Mar 2024Saddleback Exploration,21923489890$81.28$1.49
Feb 2024Saddleback Exploration,1651351531530$77.25$1.72
Jan 2024Saddleback Exploration,1701621371370$74.15$3.18
Dec 2023Saddleback Exploration,1861771421420$71.90$2.52
Nov 2023Saddleback Exploration,16517725250$77.69$2.71
Oct 2023Saddleback Exploration,17718078780$85.64$2.98
Sep 2023Saddleback Exploration,13111890900$89.43$2.64
Aug 2023Saddleback Exploration,2162331241240$81.39$2.58

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 LLCFieldKeystone (Colby)CountyWinkler County

Formentera Operations LLC in Winkler County

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Keystone (Colby) field

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