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 (San Angelo, Upper) field.
Oil lease dossier
- Operator
- Formentera Operations LLC
- County
- Crane County
- RRC lease
- 08-57886
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 2,454 mcf
- Oil in Jul 2026
- 91 bbl
Production by month
Oil output fell 42% 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
88% 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)
88% · 2,474 mcf
Flared (4)
12% · 332 mcf
11.8% 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
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jun 2022 to Oct 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| 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 | May 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | 91 | 76 | 255 | 255 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 58 | 64 | 176 | 0 | 176 | $84.81 | $3.15 |
| May 2026Formentera Operations | 72 | 47 | 213 | 57 | 156 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 0 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 6 | 56 | 12 | 12 | 0 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 154 | 165 | 187 | 187 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 134 | 119 | 210 | 210 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 165 | 175 | 214 | 214 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 155 | 158 | 265 | 265 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 168 | 166 | 310 | 310 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 157 | 164 | 296 | 296 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 155 | 161 | 316 | 316 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 142 | 146 | 352 | 352 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 156 | 129 | 332 | 332 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 188 | 193 | 334 | 334 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 155 | 172 | 297 | 297 | 0 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 198 | 219 | 361 | 361 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 185 | 179 | 314 | 314 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 231 | 202 | 249 | 241 | 8 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 189 | 205 | 234 | 234 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 226 | 224 | 247 | 245 | 2 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 248 | 241 | 237 | 237 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 192 | 172 | 226 | 226 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 160 | 167 | 161 | 161 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 141 | 158 | 181 | 181 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 182 | 194 | 221 | 221 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 193 | 181 | 227 | 227 | 0 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 197 | 209 | 206 | 206 | 0 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 191 | 196 | 292 | 292 | 0 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 147 | 126 | 249 | 249 | 0 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 147 | 129 | 304 | 293 | 11 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 165 | 179 | 265 | 262 | 3 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 260 | 266 | 183 | 183 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 207 | 183 | 230 | 230 | 0 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 212 | 228 | 219 | 165 | 54 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 161 | 149 | 207 | 181 | 26 | $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
- TUBB, J. B. B A/C 2
1,343 bbl
- STATE OF TEXAS -DV-
1,410 bbl
- TEXAS "W"
1,278 bbl
- UNIVERSITY O 25
1,036 bbl
- UNIVERSITY DEVONIAN 48
1,030 bbl
- JUDKINS GAS UNIT I
30,152 mcf
- KING 11
1,072 bbl
- ATLANTIC UNIVERSITY
875 bbl
- UNIVERSITY LANDS 31
942 bbl
- UNIVERSITY 38 A
950 bbl
Sand Hills (San Angelo, Upper) field
- ES VEDRA
49,116 bbl
- TUBB, J. B. -C-
7,528 bbl
- LEA, P.J.
8,206 bbl
- STEDE BONNET E
6,324 bbl
- J. B. TUBB A/C 1 TR A
3,413 bbl
- TUBB, J. B. A/C #1
2,632 bbl
- TUBB, J. B.
1,908 bbl
- TUBB, J. B. I
601 bbl
- WADDELL TR B
1,010 bbl
- J. B. TUBB C AC2
268 bbl
New drilling permits in Crane County
Newest in the county: this lease has no coordinates.
BLOCK 31 UNIT #H 5H
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Permit 0918850 · Sep 28, 2026
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Permit 0918855 · Sep 25, 2026
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new drill · horizontal · Ring Energy, Inc. · Crane County
Permit 0918012 · Sep 18, 2026
LEA, P.J. ETAL #4027TH
new drill · horizontal · Ring Energy, Inc. · Crane County
Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
new drill · horizontal · Ring Energy, Inc. · Crane County
Permit 0918008 · Sep 18, 2026