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Texas oil lease

Producing

STONEGATE 14

Stonegate 14 is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Keystone (Wolfcamp) field.

1 well

8,076bbl oil, last 12 months+3% vs prior year
RRC lease
08-49281

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
5,494 mcf
Oil in Jul 2026
644 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for STONEGATE 14, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 8,076 bbl in the 12 months through Jul 2026, against 7,873 bbl in the 12 months before.Last 12 months: 8,076 bblbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for STONEGATE 14, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 8,076 bbl in the 12 months through Jul 2026, against 7,873 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the last 12 months

Flaring peaked at 36.3% of the gas in Apr 2026.

  • Transmission line (2)
  • Flared (4)
97% of the gas went to a transmission line in the last 12 monthsShare of STONEGATE 14 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 36.3% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 36.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of STONEGATE 14 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 36.3% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 36.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 7,764 mcf

  • Flared (4)

    3.1% · 252 mcf

3.1% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in May 2024

Operators of this lease over timeBoyd & McWilliams Operating, LLC, Jan 2020 to Jul 2021; Saddleback Exploration, LLC, Aug 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Aug 2021Changed May 2024Boyd & McWilliams Operating,…Jan 2020 to Jul 2021Saddleback Exploration, LLCAug 2021 to Apr 2024Formentera Operations LLCMay 2024 to now
Operators of this lease over timeBoyd & McWilliams Operating, LLC, Jan 2020 to Jul 2021; Saddleback Exploration, LLC, Aug 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Aug 2021Changed May 2024Boyd & McWilliams Operating, LLCJan 2020 to Jul 2021Saddleback Exploration, LLCAug 2021 to Apr 2024Formentera Operations LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STONEGATE 14
API numberWell no.Status
42-495-337761HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers99Dec 21, 2022–
Dorado Oil CompanyOilGathers1Nov 1, 2022–
Energy Transfer CompanyCasinghead gasBuys90Nov 1, 2022–
Dcp Operating Company, LPCasinghead gasBuys10Nov 1, 2022–
Energy Transfer CompanyCasinghead gasGathers90Nov 1, 2022–
Dcp Operating Company, LPCasinghead gasGathers10Nov 1, 2022–
Eastex Crude CompanyOilGathers99Nov 1, 2022Dec 21, 2022
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2019Nov 1, 2022
Etc Texas P/L, LTDCasinghead gasBuys100Apr 13, 2022Nov 1, 2022
Dorado Oil CompanyOilGathers20Mar 1, 2022Nov 1, 2022
Eastex Crude CompanyOilGathers20Mar 1, 2022Nov 1, 2022
Gibson Energy Marketing, LLCOilGathers20Mar 1, 2022Nov 1, 2022

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

643 acres on the newest permit

Permits for Stonegate 14
API numberWell no.Acreson the permit
42-495-337761H643

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

Estimate your royalty

36 months, newest first

Ledger for STONEGATE 14
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations644614000$80.46$2.89
Jun 2026Formentera Operations453547000$84.81$3.15
May 2026Formentera Operations720659000$102.13$2.94
Apr 2026Formentera Operations633846562358204$100.32$2.77
Mar 2026Formentera Operations53942455050248$91.38$3.04
Feb 2026Formentera Operations8549366976970$64.51$3.62
Jan 2026Formentera Operations6435327587580$60.04$7.72
Dec 2025Formentera Operations6757814944940$57.97$4.26
Nov 2025Formentera Operations6454284864860$60.06$3.79
Oct 2025Formentera Operations7648136086080$60.89$3.19
Sep 2025Formentera Operations7146824284280$63.96$2.97
Aug 2025Formentera Operations7928559119110$64.86$2.91
Jul 2025Formentera Operations7585949369360$68.39$3.20
Jun 2025Formentera Operations6727118288280$68.17$3.02
May 2025Formentera Operations7458127587580$62.17$3.12
Apr 2025Formentera Operations6855556806800$63.54$3.42
Mar 2025Formentera Operations4304137587580$68.24$4.12
Feb 2025Formentera Operations5796545785780$71.53$4.19
Jan 2025Formentera Operations7277884584580$75.74$4.13
Dec 2024Formentera Operations6596177107100$70.12$3.01
Nov 2024Formentera Operations7016136166160$69.95$2.12
Oct 2024Formentera Operations7449406836830$71.99$2.20
Sep 2024Formentera Operations4863585735730$70.24$2.28
Aug 2024Formentera Operations6876779199190$76.68$1.99
Jul 2024Formentera Operations8377508328320$81.80$2.07
Jun 2024Formentera Operations7378239139130$79.77$2.54
May 2024Formentera Operations7607377597590$80.02$2.12
Apr 2024Saddleback Exploration,5465826836830$85.35$1.60
Mar 2024Saddleback Exploration,1,0161,0399859850$81.28$1.49
Feb 2024Saddleback Exploration,6541,0197677670$77.25$1.72
Jan 2024Saddleback Exploration,9588811,0291,0290$74.15$3.18
Dec 2023Saddleback Exploration,1,1001,0221,0571,0570$71.90$2.52
Nov 2023Saddleback Exploration,1,0179178668660$77.69$2.71
Oct 2023Saddleback Exploration,1,1351,1441,1581,1580$85.64$2.98
Sep 2023Saddleback Exploration,9818676726720$89.43$2.64
Aug 2023Saddleback Exploration,8507452372370$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

Formentera Operations LLC in Winkler County

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Keystone (Wolfcamp) field

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