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Texas oil lease

Producing

TUBB, J.B. 'B' A/C 2

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

2 wells

1,451bbl oil, last 12 months−76% vs prior year
RRC lease
08-23997

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
19,643 mcf
Oil in Jul 2026
97 bbl

Production by month

Oil output fell 76% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 76% over the last 12 monthsMonthly oil production and gas for TUBB, J.B. 'B' A/C 2, Aug 2023 to Jul 2026. Oil output fell 76% over the last 12 months. 1,451 bbl in the 12 months through Jul 2026, against 5,931 bbl in the 12 months before.Last 12 months: 1,451 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 76% over the last 12 monthsMonthly oil production and gas for TUBB, J.B. 'B' A/C 2, Aug 2023 to Jul 2026. Oil output fell 76% over the last 12 months. 1,451 bbl in the 12 months through Jul 2026, against 5,931 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

2 wells on this lease

Wells on TUBB, J.B. 'B' A/C 2
API numberWell no.Status
42-103-045764Shut-in
42-103-045786KShut-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 Pipeline L.p.OilGathers100Nov 1, 2008May 1, 2025

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

640 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 240 and 700 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. 'B' A/C 2
API numberWell no.Acreson the permit
42-103-312897 U640
42-103-312897UK640
42-103-045786240
42-103-045786K240
42-103-045721 U700
42-103-045764680

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

Estimate your royalty

36 months, newest first

Ledger for TUBB, J.B. 'B' A/C 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations97722,9342,9340$80.46$2.89
Jun 2026Formentera Operations6482000$84.81$3.15
May 2026Formentera Operations95866206200$102.13$2.94
Apr 2026Formentera Operations57531,2801,2800$100.32$2.77
Mar 2026Formentera Operations33397047040$91.38$3.04
Feb 2026Formentera Operations91872,3592,3590$64.51$3.62
Jan 2026Formentera Operations61812,3342,3340$60.04$7.72
Dec 2025Formentera Operations1511552,2512,2510$57.97$4.26
Nov 2025Formentera Operations1101011,7351,7350$60.06$3.79
Oct 2025Formentera Operations1481901,6501,6500$60.89$3.19
Sep 2025Formentera Operations2422731,7951,7950$63.96$2.97
Aug 2025Formentera Operations3023071,9811,9810$64.86$2.91
Jul 2025Formentera Operations2493013,9983,9980$68.39$3.20
Jun 2025Formentera Operations3322424,2994,2990$68.17$3.02
May 2025Formentera Operations3243365,2415,2410$62.17$3.12
Apr 2025Formentera Operations3013425755750$63.54$3.42
Mar 2025Formentera Operations511578000$68.24$4.12
Feb 2025Formentera Operations428353000$71.53$4.19
Jan 2025Formentera Operations3293015,9765,873103$75.74$4.13
Dec 2024Formentera Operations3113816,2306,2300$70.12$3.01
Nov 2024Formentera Operations6978063,8953,8950$69.95$2.12
Oct 2024Formentera Operations1,0241,0155,1905,1900$71.99$2.20
Sep 2024Formentera Operations7756635,9885,9880$70.24$2.28
Aug 2024Formentera Operations6506796,2516,2510$76.68$1.99
Jul 2024Formentera Operations4133666,1686,1680$81.80$2.07
Jun 2024Formentera Operations2361464,9744,9740$79.77$2.54
May 2024Formentera Operations1331223,4733,4730$80.02$2.12
Apr 2024Formentera Operations1181363,7833,7830$85.35$1.60
Mar 2024Formentera Operations1361252,4172,4170$81.28$1.49
Feb 2024Formentera Operations66651,6791,6790$77.25$1.72
Jan 2024Formentera Operations81931,6351,6350$74.15$3.18
Dec 2023Formentera Operations1931921,3511,3510$71.90$2.52
Nov 2023Formentera Operations2632761,3141,3140$77.69$2.71
Oct 2023Slant Operating,1951621,2681,2680$85.64$2.98
Sep 2023Slant Operating,2222571,3061,3060$89.43$2.64
Aug 2023Slant Operating,1891852,2582,2580$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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