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Texas oil lease

Producing

TUBB, J. B., -B-

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

17 wells

1,430bbl oil, last 12 months+3% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Sand Hills (McKnight)
RRC lease
08-14732

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
112,552 mcf
Oil in Jul 2026
111 bbl

Production by month

Oil output rose 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 3% over the last 12 monthsMonthly oil production and gas for TUBB, J. B., -B-, Aug 2023 to Jul 2026. Oil output rose 3% over the last 12 months. 1,430 bbl in the 12 months through Jul 2026, against 1,387 bbl in the 12 months before.Last 12 months: 1,430 bblbbl per monthmcf per month00505,00010010k15015k20020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 3% over the last 12 monthsMonthly oil production and gas for TUBB, J. B., -B-, Aug 2023 to Jul 2026. Oil output rose 3% over the last 12 months. 1,430 bbl in the 12 months through Jul 2026, against 1,387 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505,00010010k15015k20020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

83% 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)
83% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B., -B- gas by disposition code each month, Aug 2023 to Jul 2026. 83% 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
83% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B., -B- gas by disposition code each month, Aug 2023 to Jul 2026. 83% 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)

    83% · 93,622 mcf

  • Flared (4)

    17% · 18,930 mcf

16.8% of the gas flared in the last 12 months. 7 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.

17 wells on this lease

Wells on TUBB, J. B., -B-
API numberWell no.Status
42-103-027886 UActive
42-103-027962 LShut-in
42-103-027977Active
42-103-027989Active
42-103-104458Active
42-103-1044610Active
42-103-312897AActive
42-103-3130615 UActive
42-103-3223624Active
42-103-3543335Shut-in
42-103-3544037Active
42-103-3544336Active
42-103-3544434Shut-in
42-103-3544538Shut-in
42-103-3544639Shut-in
42-103-3545340Active
42-103-3545441Active

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 gasBuys100Jul 1, 2021–
Targa Midstream Services LLCCasinghead gasGathers100Jul 1, 2021–
Plains Marketing, L.p.OilGathers100Mar 1, 2006May 1, 2025
Apache CorporationCasinghead gasGathers100Nov 1, 2004Jul 1, 2021
Apache CorporationCasinghead gasBuys37.50Nov 1, 2004Jul 1, 2021
Targa Midstream Services LLCCasinghead gasBuys62.50Oct 1, 2011Jul 1, 2021

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

    35 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., -B-
API numberWell no.Acreson the permit
42-103-3545340640
42-103-3545441640
42-103-3544037640
42-103-3544336640
42-103-3544434640
42-103-3544538640
42-103-3544639640
42-103-3543335640
42-103-312897A640
42-103-028515 L640
42-103-028515 U640
42-103-027977640

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., -B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations11107,8307,8300$80.46$2.89
Jun 2026Formentera Operations5410411,163011,163$84.81$3.15
May 2026Formentera Operations8111912,5295,0127,517$102.13$2.94
Apr 2026Formentera Operations12111710,57510,5750$100.32$2.77
Mar 2026Formentera Operations1341219,8719,621250$91.38$3.04
Feb 2026Formentera Operations1471217,4567,4560$64.51$3.62
Jan 2026Formentera Operations1332438,9858,9850$60.04$7.72
Dec 2025Formentera Operations1461229,0779,0770$57.97$4.26
Nov 2025Formentera Operations1311228,2428,2420$60.06$3.79
Oct 2025Formentera Operations1221217,0597,0590$60.89$3.19
Sep 2025Formentera Operations1461218,9928,9920$63.96$2.97
Aug 2025Formentera Operations10424110,77310,7730$64.86$2.91
Jul 2025Formentera Operations10708,4068,4060$68.39$3.20
Jun 2025Formentera Operations1101178,5038,5030$68.17$3.02
May 2025Formentera Operations1081188,1998,1990$62.17$3.12
Apr 2025Formentera Operations981095,0764,900176$63.54$3.42
Mar 2025Formentera Operations1641107,4517,4510$68.24$4.12
Feb 2025Formentera Operations1381098,3048,3040$71.53$4.19
Jan 2025Formentera Operations1532179,1509,1500$75.74$4.13
Dec 2024Formentera Operations1412157,2647,2640$70.12$3.01
Nov 2024Formentera Operations11804,7594,68475$69.95$2.12
Oct 2024Formentera Operations742124,6004,6000$71.99$2.20
Sep 2024Formentera Operations9705,0605,0600$70.24$2.28
Aug 2024Formentera Operations7903,2333,2330$76.68$1.99
Jul 2024Formentera Operations801015,9785,9780$81.80$2.07
Jun 2024Formentera Operations671005,8935,8930$79.77$2.54
May 2024Formentera Operations1131987,3226,997325$80.02$2.12
Apr 2024Formentera Operations72978,3558,196159$85.35$1.60
Mar 2024Formentera Operations7408,7348,7340$81.28$1.49
Feb 2024Formentera Operations851004,6514,6510$77.25$1.72
Jan 2024Formentera Operations1261076,1905,959231$74.15$3.18
Dec 2023Formentera Operations1361027,0536,925128$71.90$2.52
Nov 2023Formentera Operations1351017,6537,6530$77.69$2.71
Oct 2023Slant Operating,96928,2788,172106$85.64$2.98
Sep 2023Slant Operating,85955,6354,792843$89.43$2.64
Aug 2023Slant Operating,801815,8794,7911,088$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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