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Texas gas well

Producing

SOUTHERN UNIT

Southern Unit is a gas well in Crane County, Texas, operated by Formentera Operations LLC in the Running W (Waddell) field.

1 well

25,103mcf gas, last 12 months+10% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Running W (Waddell)
RRC lease
08-040892

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas in Jul 2026
3,860 mcf
Reporting since
Jan 2020

Production by month

Gas output rose 10% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 10% over the last 12 monthsMonthly gas production for SOUTHERN UNIT, Aug 2023 to Jul 2026. Gas output rose 10% over the last 12 months. 25,103 mcf in the 12 months through Jul 2026, against 22,882 mcf in the 12 months before.Last 12 months: 25,103 mcfmcf per month02,0004,0006,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 10% over the last 12 monthsMonthly gas production for SOUTHERN UNIT, Aug 2023 to Jul 2026. Gas output rose 10% over the last 12 months. 25,103 mcf in the 12 months through Jul 2026, against 22,882 mcf in the 12 months before.Last 12 monthsmcf per month02,0004,0006,0008,000Jan 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 SOUTHERN UNIT 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 SOUTHERN UNIT 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 4 times, most recently in Nov 2023

Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Contango Resources, Inc., Feb 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Jun 2022; Slant Operating, LLC, Jul 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2022Changed Jul 2022Changed Nov 2023Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Contango Resources, Inc.Feb 2021 to Dec 2021Contango Resources, LLCJan 2022 to Jun 2022Slant Operating, LLCJul 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Contango Resources, Inc., Feb 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Jun 2022; Slant Operating, LLC, Jul 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2022Changed Jul 2022Changed Nov 2023Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Contango Resources, Inc.Feb 2021 to Dec 2021Contango Resources, LLCJan 2022 to Jun 2022Slant Operating, LLCJul 2022 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SOUTHERN UNIT
API numberWell no.Status
42-103-02518910Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Targa Midstream Services LLCGas-well gasBuys100Oct 1, 2011
Targa Midstream Services LLCFull well streamGathers100Oct 1, 2011

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

Who buys my oilOil price check

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Southern Unit
API numberWell no.Acreson the permit
42-103-02518910–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SOUTHERN UNIT
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations3,8603,8600$80.46$2.89
Jun 2026Formentera Operations9259250$84.81$3.15
May 2026Formentera Operations1,9341,9340$102.13$2.94
Apr 2026Formentera Operations2,1342,1340$100.32$2.77
Mar 2026Formentera Operations5,6385,6380$91.38$3.04
Feb 2026Formentera Operations000$64.51$3.62
Jan 2026Formentera Operations1,7921,7920$60.04$7.72
Dec 2025Formentera Operations1,7121,7120$57.97$4.26
Nov 2025Formentera Operations1,7481,7480$60.06$3.79
Oct 2025Formentera Operations1,7381,7380$60.89$3.19
Sep 2025Formentera Operations1,5861,5860$63.96$2.97
Aug 2025Formentera Operations2,0362,0360$64.86$2.91
Jul 2025Formentera Operations1,7681,7680$68.39$3.20
Jun 2025Formentera Operations1,6701,6700$68.17$3.02
May 2025Formentera Operations1,7661,7660$62.17$3.12
Apr 2025Formentera Operations1,7261,7260$63.54$3.42
Mar 2025Formentera Operations1,7711,7710$68.24$4.12
Feb 2025Formentera Operations1,9691,9690$71.53$4.19
Jan 2025Formentera Operations2,5822,5820$75.74$4.13
Dec 2024Formentera Operations1,8911,8910$70.12$3.01
Nov 2024Formentera Operations2,3372,3370$69.95$2.12
Oct 2024Formentera Operations1,7211,7210$71.99$2.20
Sep 2024Formentera Operations1,7401,7400$70.24$2.28
Aug 2024Formentera Operations1,9411,9410$76.68$1.99
Jul 2024Formentera Operations1,9601,9600$81.80$2.07
Jun 2024Formentera Operations2,1622,1620$79.77$2.54
May 2024Formentera Operations2,4632,4630$80.02$2.12
Apr 2024Formentera Operations6,6216,6210$85.35$1.60
Mar 2024Formentera Operations1,8901,8900$81.28$1.49
Feb 2024Formentera Operations000$77.25$1.72
Jan 2024Formentera Operations000$74.15$3.18
Dec 2023Formentera Operations000$71.90$2.52
Nov 2023Formentera Operations000$77.69$2.71
Oct 2023Slant Operating,3283280$85.64$2.98
Sep 2023Slant Operating,1,5941,5940$89.43$2.64
Aug 2023Slant Operating,1,7991,7990$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 LLCFieldRunning W (Waddell)CountyCrane County

Formentera Operations LLC in Crane County

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Running W (Waddell) field

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