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Producing

STATE OF TEXAS -DX-

State of Texas -DX- is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Dune field.

23 wells

13,069bbl oil, last 12 months−14% vs prior year
Field
Dune
RRC lease
08-15229

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
2,184 mcf
Oil in Jul 2026
966 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for STATE OF TEXAS -DX-, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 13,069 bbl in the 12 months through Jul 2026, against 15,281 bbl in the 12 months before.Last 12 months: 13,069 bblbbl per monthmcf per month005001001,0002001,5003002,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for STATE OF TEXAS -DX-, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 13,069 bbl in the 12 months through Jul 2026, against 15,281 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001001,0002001,5003002,000400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

59% of the gas went to flaring in the last 12 months

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

  • Transmission line (2)
  • Flared (4)
59% of the gas went to flaring in the last 12 monthsShare of STATE OF TEXAS -DX- gas by disposition code each month, Aug 2023 to Jul 2026. 59% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
59% of the gas went to flaring in the last 12 monthsShare of STATE OF TEXAS -DX- gas by disposition code each month, Aug 2023 to Jul 2026. 59% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    59% · 1,283 mcf

  • Transmission line (2)

    41% · 901 mcf

58.7% of the gas flared in the last 12 months. 28 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Nov 2023

Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

23 wells on this lease

Wells on STATE OF TEXAS -DX-
API numberWell no.Status
42-103-041231Active
42-103-041242Shut-in
42-103-041253Active
42-103-041264Shut-in
42-103-041275Shut-in
42-103-041286Active
42-103-041297RActive
42-103-041308Shut-in
42-103-3095917Active
42-103-3096018Active
42-103-3096215WActive
42-103-3096316Active
42-103-3096519WActive
42-103-3098320WActive
42-103-3099022Shut-in
42-103-3099121Active
42-103-3100323Active
42-103-3507624Active
42-103-3507725Active
42-103-3513426Active
42-103-3513527Active
42-103-3520628Active
42-103-3520729Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100May 1, 2026–
Plains Marketing, L.p.OilGathers100Sep 1, 2022May 1, 2026
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Sep 1, 2022
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Sep 1, 2022
Plains Pipeline L.p.OilGathers100Apr 1, 2004Sep 1, 2022

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

320 acres on the newest permit

  • Good to know

    29 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 State of Texas -DX-
API numberWell no.Acreson the permit
42-103-3520628320
42-103-3520729320
42-103-3513426320
42-103-3513527320
42-103-3507725320
42-103-3507624320
42-103-041297320
42-103-041297R320
42-103-041231–
42-103-041242–
42-103-041253–
42-103-041264–

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

Estimate your royalty

36 months, newest first

Ledger for STATE OF TEXAS -DX-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations9669551820182$80.46$2.89
Jun 2026Formentera Operations9861,2021750175$84.81$3.15
May 2026Formentera Operations97785617132139$102.13$2.94
Apr 2026Formentera Operations1,1291,19317211161$100.32$2.77
Mar 2026Formentera Operations1,02687617117154$91.38$3.04
Feb 2026Formentera Operations9901,0391619269$64.51$3.62
Jan 2026Formentera Operations1,0561,12215910554$60.04$7.72
Dec 2025Formentera Operations1,1561,1631768492$57.97$4.26
Nov 2025Formentera Operations1,1511,07618213844$60.06$3.79
Oct 2025Formentera Operations1,1191,17720612977$60.89$3.19
Sep 2025Formentera Operations1,1941,26219410787$63.96$2.97
Aug 2025Formentera Operations1,3191,22723518649$64.86$2.91
Jul 2025Formentera Operations1,2721,16721959160$68.39$3.20
Jun 2025Formentera Operations1,2581,44917910376$68.17$3.02
May 2025Formentera Operations1,3381,284276108168$62.17$3.12
Apr 2025Formentera Operations1,3641,289276174102$63.54$3.42
Mar 2025Formentera Operations1,4281,49527521956$68.24$4.12
Feb 2025Formentera Operations1,0591,06819253139$71.53$4.19
Jan 2025Formentera Operations1,2501,21320412282$75.74$4.13
Dec 2024Formentera Operations1,2871,3282032201$70.12$3.01
Nov 2024Formentera Operations1,2101,23920013961$69.95$2.12
Oct 2024Formentera Operations1,3491,2332212174$71.99$2.20
Sep 2024Formentera Operations1,2621,40418215428$70.24$2.28
Aug 2024Formentera Operations1,2041,11720518124$76.68$1.99
Jul 2024Formentera Operations1,2051,17620817731$81.80$2.07
Jun 2024Formentera Operations1,2191,2242042040$79.77$2.54
May 2024Formentera Operations1,1821,1111961960$80.02$2.12
Apr 2024Formentera Operations1,0411,11917214527$85.35$1.60
Mar 2024Formentera Operations1,0321,0911641613$81.28$1.49
Feb 2024Formentera Operations9638991671670$77.25$1.72
Jan 2024Formentera Operations8729531531476$74.15$3.18
Dec 2023Formentera Operations1,0791,0081711710$71.90$2.52
Nov 2023Formentera Operations93899516713532$77.69$2.71
Oct 2023Slant Operating,1,0551,0552062060$85.64$2.98
Sep 2023Slant Operating,1,0169521951869$89.43$2.64
Aug 2023Slant Operating,1,0321,0402142140$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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Formentera Operations LLC in Crane County

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