Texas oil lease
Shut inPETSCH
Petsch is an oil lease in Ector County, Texas, operated by Formentera Operations LLC in the TXL (Ellenburger) field.
1 well
- Operator
- Formentera Operations LLC
- County
- Ector County
- Field
- TXL (Ellenburger)
- RRC lease
- 08-06961
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Where it sits
This county
- Gas, last 12 months
- 4,958 mcf
- Oil in Jul 2026
- 0 bbl
Production by month
Oil output fell 44% 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
86% of the gas went to a transmission line in the last 12 months
Flaring peaked at 93.1% of the gas in Dec 2024.
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
86% · 6,527 mcf
Flared (4)
14% · 1,101 mcf
14.4% of the gas flared in the last 12 months. 20 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Nov 2023
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jul 2021 to Oct 2023
- Apache Corporation Jan 2020 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-135-08231 | 1 L | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | May 1, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Formentera Operations | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 0 | 0 | 2 | 2 | 0 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 0 | 0 | 8 | 8 | 0 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 232 | 346 | 762 | 762 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 254 | 157 | 905 | 888 | 17 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 264 | 361 | 881 | 873 | 8 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 235 | 350 | 872 | 762 | 110 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 256 | 175 | 662 | 654 | 8 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 248 | 175 | 866 | 778 | 88 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 204 | 183 | 679 | 591 | 88 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 144 | 179 | 648 | 554 | 94 | $68.17 | $3.02 |
| May 2025Formentera Operations | 261 | 180 | 835 | 355 | 480 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 169 | 328 | 508 | 300 | 208 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 266 | 349 | 811 | 811 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 206 | 0 | 668 | 668 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 277 | 526 | 754 | 672 | 82 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 265 | 0 | 567 | 39 | 528 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 255 | 523 | 622 | 496 | 126 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 249 | 0 | 100 | 60 | 40 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 197 | 344 | 500 | 493 | 7 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 189 | 171 | 516 | 300 | 216 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 225 | 335 | 425 | 310 | 115 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 202 | 0 | 318 | 318 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 199 | 184 | 363 | 363 | 0 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 199 | 364 | 470 | 418 | 52 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 234 | 186 | 264 | 237 | 27 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 263 | 370 | 486 | 94 | 392 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 263 | 0 | 703 | 352 | 351 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 273 | 545 | 673 | 331 | 342 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 254 | 188 | 646 | 646 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 259 | 362 | 742 | 573 | 169 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 263 | 0 | 680 | 636 | 44 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 282 | 547 | 816 | 627 | 189 | $81.39 | $2.58 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Formentera Operations LLC in Ector County
- EDWARDS, WILL P. -A-
1,768 bbl
- SLATOR -B-
1,720 bbl
- BARROW, AUGUSTA
1,793 bbl
- TXL -N-
1,623 bbl
- BLUE, R. H.
1,147 bbl
- CUMMINS, H. E. -A-
1,650 bbl
- TXL -L- A/C III
1,250 bbl
- ECTOR -K- FEE
1,637 bbl
- THOMAS, H. TR.1
1,103 bbl
- WHEELER, R. A.
1,259 bbl
TXL (Ellenburger) field
- ALMA
7,413 bbl
- TXL "K" TRACT II
5,147 bbl
- SLATOR -B-
1,720 bbl
- THOMAS, H. TR.1
1,103 bbl
- FRASER, G. C. -F-
150 bbl
- SLATOR, J. D.
80 bbl
Leases within 10 km
- TXL NORTH UNIT
94,825 bbl · 0 km
- SLAT
0 bbl · 0.3 km
- SLATOR -E-
356 bbl · 0.3 km
- SLATOR -E-
2,222 bbl · 0.4 km
- SLATOR -D-
338 bbl · 0.4 km
- SLAT
0 bbl · 0.5 km
- SLATOR -B-
0 bbl · 0.5 km
- SLATOR -B-
1,720 bbl · 0.6 km
- SLATOR -B-
0 bbl · 0.6 km
- SLATOR -A- TRACT II
871 bbl · 0.7 km
New drilling permits in Ector County
Newest in the county: this lease has no coordinates.
HEADLEE 5B #304HF
new drill · horizontal · Ovintiv USA Inc. · Ector County
Permit 0918837 · Sep 29, 2026
HEADLEE 5B #303HC
new drill · horizontal · Ovintiv USA Inc. · Ector County
Permit 0918853 · Sep 29, 2026
ROSE MARIE 4-40 C #3H
new drill · horizontal · Diamondback E&P LLC · Ector County
Permit 0918266 · Sep 29, 2026
ROSE MARIE 4-40 A #1H
new drill · horizontal · Diamondback E&P LLC · Ector County
Permit 0918264 · Sep 29, 2026
HEADLEE 5C #306HD
new drill · horizontal · Ovintiv USA Inc. · Ector County
Permit 0918854 · Sep 25, 2026