Texas oil lease
ProducingTUBB, 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 (Judkins) field.
9 wells
- Operator
- Formentera Operations LLC
- County
- Crane County
- Field
- Sand Hills (Judkins)
- RRC lease
- 08-15842
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 10,242 mcf
- Oil in Jul 2026
- 23 bbl
Production by month
Oil output fell 18% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
90% · 9,180 mcf
Flared (4)
10% · 1,062 mcf
10.4% 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
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jul 2021 to Oct 2023
- Apache Corporation Jan 2020 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
9 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-02745 | 3 | Shut-in |
| 42-103-02749 | 7 | Active |
| 42-103-02766 | 25 | Active |
| 42-103-02773 | 32 | Shut-in |
| 42-103-32071 | 193 | Active |
| 42-103-32171 | 210 | Shut-in |
| 42-103-32172 | 211 | Active |
| 42-103-33255 | 282 | Active |
| 42-103-33316 | 289 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enlink Crude Marketing, LLC | Oil | Gathers | 100 | May 1, 2025 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | May 1, 2025 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Oct 1, 2011 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Oct 1, 2011 | May 1, 2025 |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Mar 1, 2006 | May 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
790.30 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 750 and 790.3 acres. Use the acres from your own division order for the well you are paid on.
- Good to know
17 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-32840 | 266 | Aug 3, 1992 | May 12, 1982 | 790.30 |
| 42-103-02760 | 19 | May 31, 1988 | Apr 18, 1988 | 790.30 |
| 42-103-32609 | 245 U | Jun 4, 1984 | Sep 1, 1984 | 750 |
| 42-103-33316 | 289 | Nov 22, 1983 | Dec 22, 1983 | 790 |
| 42-103-33255 | 282 | Oct 4, 1983 | Nov 7, 1983 | 790 |
| 42-103-33251 | 281 | Sep 29, 1983 | Dec 11, 1983 | 790 |
| 42-103-33231 | 283 | Aug 30, 1983 | Dec 1, 1983 | 790 |
| 42-103-32171 | 210 | Oct 30, 1979 | Jan 11, 1980 | 790 |
| 42-103-32172 | 211 | Oct 30, 1979 | Jan 22, 1980 | 790 |
| 42-103-32071 | 193 | May 29, 1979 | Jul 10, 1979 | 790 |
| 42-103-02745 | 3 | – | Jan 10, 1962 | – |
| 42-103-02749 | 7 | – | Apr 7, 1972 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Formentera Operations | 23 | 21 | 779 | 779 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 20 | 24 | 627 | 0 | 627 | $84.81 | $3.15 |
| May 2026Formentera Operations | 21 | 21 | 907 | 484 | 423 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 25 | 26 | 881 | 881 | 0 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 23 | 19 | 757 | 745 | 12 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 22 | 24 | 654 | 654 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 19 | 17 | 734 | 734 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 24 | 25 | 749 | 749 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 23 | 23 | 926 | 926 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 24 | 24 | 1,085 | 1,085 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 22 | 23 | 1,036 | 1,036 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 22 | 23 | 1,107 | 1,107 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 20 | 21 | 1,230 | 1,230 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 22 | 18 | 1,161 | 1,161 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 28 | 28 | 1,170 | 1,170 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 22 | 25 | 1,039 | 1,039 | 0 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 28 | 31 | 1,263 | 1,263 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 27 | 26 | 1,098 | 1,098 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 33 | 29 | 872 | 843 | 29 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 27 | 29 | 820 | 820 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 32 | 32 | 846 | 839 | 7 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 35 | 34 | 828 | 828 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 28 | 25 | 790 | 790 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 23 | 24 | 564 | 564 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 20 | 20 | 632 | 632 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 18 | 19 | 833 | 833 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 19 | 18 | 957 | 957 | 0 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 20 | 21 | 879 | 879 | 0 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 19 | 26 | 1,244 | 1,244 | 0 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 29 | 28 | 948 | 948 | 0 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 33 | 34 | 1,129 | 1,089 | 40 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 58 | 60 | 1,593 | 1,568 | 25 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 80 | 82 | 1,396 | 1,396 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 62 | 55 | 1,675 | 1,675 | 0 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 69 | 76 | 1,591 | 1,189 | 402 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 54 | 50 | 1,528 | 1,337 | 191 | $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
Formentera Operations LLC in Crane County
- J B TUBB J
494 bbl
- UNIVERSITY 35
6,307 mcf
- TUBB, J. B. A/C 2
10,979 mcf
- LEA, KATIE W., A/C #3
735 bbl
- UNIVERSITY -36A-
600 bbl
- UNIVERSITY -36B-
342 bbl
- TUBB, J. B. A/C 1
7,710 mcf
- J. B. TUBB C AC2
268 bbl
- JUDKINS GAS UNIT #2
1,977 mcf
- UNIVERSITY -36A-
459 bbl
Sand Hills (Judkins) field
- TUBB, J.B. -B-
566 bbl
- WADDELL TR A
18,419 mcf
- WADDELL TR A
18,119 mcf
- WADDELL TR A
17,317 mcf
- TUBB, J. B. A/C 2
10,979 mcf
- MCKNIGHT - RAYDEN
675 bbl
- WADDELL TR A
15,184 mcf
- WADDELL TR A
7,975 mcf
- TUBB "D"
568 bbl
- JUDKINS GAS UNIT #2
1,977 mcf
Leases within 10 km
- TUBB, J. B. A/C 2
0 bbl · 0.1 km
- TUBB, J. B. A/C #2
534 bbl · 0.2 km
- TUBB, J. B. A/C #1
18,079 bbl · 0.5 km
- TUBB, J. B., ETAL
7,994 bbl · 0.8 km
- TUBB, J. B., A/C 1
532 bbl · 0.8 km
- TUBB, J. B. A/C 1
1,471 bbl · 0.9 km
- TUBB, J. B., ET AL TR. -C-
0 mcf · 0.9 km
- TUBB, J. B. A/C 2
10,979 mcf · 1.1 km
- WADDELL TR A
0 bbl · 1.1 km
- TUBB, J. B. ETAL TR. -C-
853 bbl · 1.1 km
Drilling permits within 10 km
LEA, P.J. ETAL #4027TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.6 km
Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4029TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.5 km
Permit 0918012 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.6 km
Permit 0918008 · Sep 18, 2026
LEA, P.J. ETAL #4025JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.6 km
Permit 0918001 · Sep 17, 2026
TUBB, J. B. -A- #2022JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 2.4 km
Permit 0918202 · Sep 1, 2026