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Producing

TUBB, J. B. A/C #2

Tubb, J. B. A/C #2 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Sand Hills (McKnight) field.

8 wells

534bbl oil, last 12 months−18% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Sand Hills (McKnight)
RRC lease
08-12929

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
582 mcf
Oil in Jul 2026
46 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. A/C #2, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 534 bbl in the 12 months through Jul 2026, against 649 bbl in the 12 months before.Last 12 months: 534 bblbbl per monthmcf per month002020404060608080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. A/C #2, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 534 bbl in the 12 months through Jul 2026, against 649 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002020404060608080Jan 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 100.0% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
90% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. A/C #2 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 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
90% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. A/C #2 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 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.

  • Transmission line (2)

    90% · 523 mcf

  • Flared (4)

    10% · 59 mcf

10.1% of the gas flared in the last 12 months. 6 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.

8 wells on this lease

Wells on TUBB, J. B. A/C #2
API numberWell no.Status
42-103-0276928Shut-in
42-103-32238219Active
42-103-32243218Shut-in
42-103-35226315Shut-in
42-103-35227316Shut-in
42-103-35228317Shut-in
42-103-35233318Active
42-103-35515356Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enlink Crude Marketing, LLCOilGathers100May 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100May 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011May 1, 2025
Plains Marketing, L.p.OilGathers100Mar 1, 2006May 1, 2025

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

Who buys my oilOil price check

710 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 710 and 790.3 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    37 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 Tubb, J. B. A/C #2
API numberWell no.Acreson the permit
42-103-35233318710
42-103-35515356790
42-103-32841265790
42-103-32841265 U790
42-103-31749133790
42-103-35225314790
42-103-35226315790
42-103-35228317790
42-103-35227316790
42-103-32840266 U790.30
42-103-31367126750.30
42-103-31367126 U750.30

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 #2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations464344440$80.46$2.89
Jun 2026Formentera Operations404734034$84.81$3.15
May 2026Formentera Operations4243512724$102.13$2.94
Apr 2026Formentera Operations515350500$100.32$2.77
Mar 2026Formentera Operations453744431$91.38$3.04
Feb 2026Formentera Operations444737370$64.51$3.62
Jan 2026Formentera Operations383442420$60.04$7.72
Dec 2025Formentera Operations475043430$57.97$4.26
Nov 2025Formentera Operations444553530$60.06$3.79
Oct 2025Formentera Operations484762620$60.89$3.19
Sep 2025Formentera Operations454759590$63.96$2.97
Aug 2025Formentera Operations444663630$64.86$2.91
Jul 2025Formentera Operations414270700$68.39$3.20
Jun 2025Formentera Operations443766660$68.17$3.02
May 2025Formentera Operations545567670$62.17$3.12
Apr 2025Formentera Operations444959590$63.54$3.42
Mar 2025Formentera Operations576372720$68.24$4.12
Feb 2025Formentera Operations535163630$71.53$4.19
Jan 2025Formentera Operations665850482$75.74$4.13
Dec 2024Formentera Operations545847470$70.12$3.01
Nov 2024Formentera Operations646449490$69.95$2.12
Oct 2024Formentera Operations716947470$71.99$2.20
Sep 2024Formentera Operations554945450$70.24$2.28
Aug 2024Formentera Operations464832320$76.68$1.99
Jul 2024Formentera Operations414136360$81.80$2.07
Jun 2024Formentera Operations373944440$79.77$2.54
May 2024Formentera Operations393648480$80.02$2.12
Apr 2024Formentera Operations394244440$85.35$1.60
Mar 2024Formentera Operations384062620$81.28$1.49
Feb 2024Formentera Operations322846460$77.25$1.72
Jan 2024Formentera Operations332954522$74.15$3.18
Dec 2023Formentera Operations384044431$71.90$2.52
Nov 2023Formentera Operations545538380$77.69$2.71
Oct 2023Slant Operating,423546460$85.64$2.98
Sep 2023Slant Operating,2525453411$89.43$2.64
Aug 2023Slant Operating,181743385$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 (McKnight)CountyCrane County

Formentera Operations LLC in Crane County

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Sand Hills (McKnight) field

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