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Producing

TUBB, J. B. A/C #1

Tubb, J. B. A/C #1 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Sand Hills (San Angelo, Upper) field.

Oil lease dossier

2,632bbl oil, last 12 months−1% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Sand Hills (San Angelo, Upper)
RRC lease
08-57245

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
41,420 mcf
Oil in Jul 2026
164 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 TUBB, J. B. A/C #1, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,632 bbl in the 12 months through Jul 2026, against 2,655 bbl in the 12 months before.Last 12 months: 2,632 bblbbl per monthmcf per month001002,0002004,0003006,0004008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for TUBB, J. B. A/C #1, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,632 bbl in the 12 months through Jul 2026, against 2,655 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002,0002004,0003006,0004008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

Flaring peaked at 99.6% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
95% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. A/C #1 gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 99.6% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 99.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. A/C #1 gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 99.6% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 99.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 39,492 mcf

  • Flared (4)

    4.7% · 1,928 mcf

4.7% of the gas flared in the last 12 months. 6 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2023

Operators of this lease over timeSlant Operating, LLC, Apr 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCApr 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeSlant Operating, LLC, Apr 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCApr 2022 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enlink Crude Marketing, LLCOilGathers100May 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Apr 20, 2022–
Targa Midstream Services LLCCasinghead gasGathers100Apr 20, 2022–
Plains Marketing, L.p.OilGathers100Apr 20, 2022May 1, 2025

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

Who buys my oilOil price check

640 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 640 and 723 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Tubb, J. B. A/C #1
API numberWell no.Acreson the permit
42-103-35611359640
42-103-35514358723

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for TUBB, J. B. A/C #1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations1641633,1473,1416$80.46$2.89
Jun 2026Formentera Operations1361246933690$84.81$3.15
May 2026Formentera Operations1671923,4352,687748$102.13$2.94
Apr 2026Formentera Operations2172033,8123,500312$100.32$2.77
Mar 2026Formentera Operations3203484,4114,266145$91.38$3.04
Feb 2026Formentera Operations1391273,1433,1430$64.51$3.62
Jan 2026Formentera Operations1832343,0633,03627$60.04$7.72
Dec 2025Formentera Operations2472343,9063,9060$57.97$4.26
Nov 2025Formentera Operations2412504,1304,1300$60.06$3.79
Oct 2025Formentera Operations2872143,7933,7930$60.89$3.19
Sep 2025Formentera Operations3093133,6283,6280$63.96$2.97
Aug 2025Formentera Operations2222434,2594,2590$64.86$2.91
Jul 2025Formentera Operations2592414,2494,22326$68.39$3.20
Jun 2025Formentera Operations2161904,1044,1040$68.17$3.02
May 2025Formentera Operations2602724,2514,2510$62.17$3.12
Apr 2025Formentera Operations2252564,9044,86044$63.54$3.42
Mar 2025Formentera Operations2762332,5822,5820$68.24$4.12
Feb 2025Formentera Operations1231151,5181,5180$71.53$4.19
Jan 2025Formentera Operations1761492,8122,77339$75.74$4.13
Dec 2024Formentera Operations1791913,1933,1930$70.12$3.01
Nov 2024Formentera Operations2242182,9712,9710$69.95$2.12
Oct 2024Formentera Operations2352573,9663,9660$71.99$2.20
Sep 2024Formentera Operations2542193,5023,5020$70.24$2.28
Aug 2024Formentera Operations2282592,6382,6380$76.68$1.99
Jul 2024Formentera Operations1842994,0754,0750$81.80$2.07
Jun 2024Formentera Operations2472535,4845,4840$79.77$2.54
May 2024Formentera Operations3182506,7506,7500$80.02$2.12
Apr 2024Formentera Operations2153404,6714,6710$85.35$1.60
Mar 2024Formentera Operations2342215,5315,5310$81.28$1.49
Feb 2024Formentera Operations2712704,2494,2490$77.25$1.72
Jan 2024Formentera Operations2582294,0003,90892$74.15$3.18
Dec 2023Formentera Operations2952595,0865,02759$71.90$2.52
Nov 2023Formentera Operations3333685,0724,965107$77.69$2.71
Oct 2023Slant Operating,3082455,3635,29271$85.64$2.98
Sep 2023Slant Operating,2983505,1954,379816$89.43$2.64
Aug 2023Slant Operating,2612354,5133,905608$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

This lease belongs to

OperatorFormentera Operations LLCFieldSand Hills (San Angelo, Upper)CountyCrane County

Formentera Operations LLC in Crane County

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Sand Hills (San Angelo, Upper) field

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