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Texas oil lease

Producing

THOMAS, H. TR.1

Thomas, H. Tr.1 is an oil lease in Ector County, Texas, operated by Formentera Operations LLC in the TXL (Ellenburger) field.

1 well

1,103bbl oil, last 12 months+26% vs prior year
RRC lease
08-17016

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
9,307 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output rose 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 26% over the last 12 monthsMonthly oil production and gas for THOMAS, H. TR.1, Aug 2023 to Jul 2026. Oil output rose 26% over the last 12 months. 1,103 bbl in the 12 months through Jul 2026, against 874 bbl in the 12 months before.Last 12 months: 1,103 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 26% over the last 12 monthsMonthly oil production and gas for THOMAS, H. TR.1, Aug 2023 to Jul 2026. Oil output rose 26% over the last 12 months. 1,103 bbl in the 12 months through Jul 2026, against 874 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a transmission line in the last 12 months

Flaring peaked at 90.3% of the gas in Dec 2024.

  • Transmission line (2)
  • Flared (4)
90% of the gas went to a transmission line in the last 12 monthsShare of THOMAS, H. TR.1 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a transmission line in the last 12 months. Flaring peaked at 90.3% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 90.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a transmission line in the last 12 monthsShare of THOMAS, H. TR.1 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a transmission line in the last 12 months. Flaring peaked at 90.3% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 90.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 9,262 mcf

  • Flared (4)

    10% · 1,075 mcf

10.4% of the gas flared in the last 12 months. 24 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.

1 well on this lease

Wells on THOMAS, H. TR.1
API numberWell no.Status
42-135-070402Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers50Jul 21, 2025–
Sentinel Transportation, LLCOilGathers50Oct 1, 2014–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Ngl Crude Logistics, LLCOilGathers50Oct 1, 2014Jul 21, 2025

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

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 Thomas, H. Tr.1
API numberWell no.Acreson the permit
42-135-070402–

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

Estimate your royalty

36 months, newest first

Ledger for THOMAS, H. TR.1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations03000$80.46$2.89
Jun 2026Formentera Operations187000$84.81$3.15
May 2026Formentera Operations6991625430195$102.13$2.94
Apr 2026Formentera Operations140881,1971,17819$100.32$2.77
Mar 2026Formentera Operations1251891,1241,10816$91.38$3.04
Feb 2026Formentera Operations120741,0741,06014$64.51$3.62
Jan 2026Formentera Operations103889519510$60.04$7.72
Dec 2025Formentera Operations1481781,1131,02786$57.97$4.26
Nov 2025Formentera Operations1441651,096984112$60.06$3.79
Oct 2025Formentera Operations122621,157892265$60.89$3.19
Sep 2025Formentera Operations918667965128$63.96$2.97
Aug 2025Formentera Operations406229122665$64.86$2.91
Jul 2025Formentera Operations6172444242202$68.39$3.20
Jun 2025Formentera Operations997458651373$68.17$3.02
May 2025Formentera Operations108118687211476$62.17$3.12
Apr 2025Formentera Operations8349675467208$63.54$3.42
Mar 2025Formentera Operations778648645432$68.24$4.12
Feb 2025Formentera Operations44415535530$71.53$4.19
Jan 2025Formentera Operations708175366588$75.74$4.13
Dec 2024Formentera Operations777744243399$70.12$3.01
Nov 2024Formentera Operations5241514322192$69.95$2.12
Oct 2024Formentera Operations62811,0441,0440$71.99$2.20
Sep 2024Formentera Operations71826566560$70.24$2.28
Aug 2024Formentera Operations70371,2741,139135$76.68$1.99
Jul 2024Formentera Operations6181710469241$81.80$2.07
Jun 2024Formentera Operations77824924920$79.77$2.54
May 2024Formentera Operations721124434430$80.02$2.12
Apr 2024Formentera Operations1085867759780$85.35$1.60
Mar 2024Formentera Operations11711367660472$81.28$1.49
Feb 2024Formentera Operations128117821619202$77.25$1.72
Jan 2024Formentera Operations96242725621104$74.15$3.18
Dec 2023Formentera Operations2272521,161996165$71.90$2.52
Nov 2023Formentera Operations2572549939930$77.69$2.71
Oct 2023Slant Operating,2602541,177930247$85.64$2.98
Sep 2023Slant Operating,2912451,1591,023136$89.43$2.64
Aug 2023Slant Operating,2632551,111908203$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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Nearby

Formentera Operations LLC in Ector County

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TXL (Ellenburger) field

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