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Texas oil lease

Producing

TUBB, J. B. -C-

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

11 wells

44,730bbl oil, last 12 months−3% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Sand Hills (McKnight)
RRC lease
08-18870

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
84,305 mcf
Oil in Jul 2026
3,551 bbl

Production by month

Oil output fell 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. -C-, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 44,730 bbl in the 12 months through Jul 2026, against 46,285 bbl in the 12 months before.Last 12 months: 44,730 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. -C-, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 44,730 bbl in the 12 months through Jul 2026, against 46,285 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 100.0% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2025 the lease's gas goes to a transmission line instead of lease fuelShare of TUBB, J. B. -C- gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 100.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: fuel to lineFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a transmission line instead of lease fuelShare of TUBB, J. B. -C- gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 100.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Apr 25: fuel to lineFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 79,129 mcf

  • Flared (4)

    6.1% · 5,176 mcf

6.1% of the gas flared in the last 12 months. 4 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.

11 wells on this lease

Wells on TUBB, J. B. -C-
API numberWell no.Status
42-103-028002RShut-in
42-103-028013Shut-in
42-103-028057Shut-in
42-103-3505532Active
42-103-3531534Shut-in
42-103-3531635Shut-in
42-103-3531736Shut-in
42-103-373551MHActive
42-103-374602MHActive
42-103-374613MHActive
42-103-374624MHActive

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

640 acres on the newest permit

  • Good to know

    29 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. -C-
API numberWell no.Acreson the permit
42-103-374602MH640
42-103-374613MH640
42-103-374624MH640
42-103-373551MH640
42-103-3505532640
42-103-3531534640
42-103-3531635640
42-103-3531736640
42-103-028002640
42-103-028002R640
42-103-3128713 U640
42-103-3260229 U640

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. -C-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations3,5513,5509,3099,27732$80.46$2.89
Jun 2026Formentera Operations3,1853,3512,77902,779$84.81$3.15
May 2026Formentera Operations3,7484,0972,315212,294$102.13$2.94
Apr 2026Formentera Operations3,6123,1695,9165,88432$100.32$2.77
Mar 2026Formentera Operations4,0774,2527,6057,58619$91.38$3.04
Feb 2026Formentera Operations2,7532,5895,7205,7200$64.51$3.62
Jan 2026Formentera Operations3,8643,9026,5086,48820$60.04$7.72
Dec 2025Formentera Operations4,6794,5599,3699,3690$57.97$4.26
Nov 2025Formentera Operations4,9704,86110,56010,5600$60.06$3.79
Oct 2025Formentera Operations4,9044,85811,23411,2340$60.89$3.19
Sep 2025Formentera Operations3,1893,4027,4997,4990$63.96$2.97
Aug 2025Formentera Operations2,1982,1845,4915,4910$64.86$2.91
Jul 2025Formentera Operations2,6092,7076,1416,1410$68.39$3.20
Jun 2025Formentera Operations3,1453,2044,6124,6120$68.17$3.02
May 2025Formentera Operations2,7292,9104,4574,4570$62.17$3.12
Apr 2025Formentera Operations3,5623,4134,0444,02618$63.54$3.42
Mar 2025Formentera Operations3,4683,2254,52000$68.24$4.12
Feb 2025Formentera Operations4,3184,9895,4605,4600$71.53$4.19
Jan 2025Formentera Operations5,3374,6716,8936,8930$75.74$4.13
Dec 2024Formentera Operations4,6915,0346,4186,4180$70.12$3.01
Nov 2024Formentera Operations5,6496,02512,03712,0370$69.95$2.12
Oct 2024Formentera Operations8,6487,9497,0287,0280$71.99$2.20
Sep 2024Formentera Operations1,8511,4494,4174,4170$70.24$2.28
Aug 2024Formentera Operations2782941,4831,4830$76.68$1.99
Jul 2024Formentera Operations4024073,6743,6740$81.80$2.07
Jun 2024Formentera Operations6716777,1097,1090$79.77$2.54
May 2024Formentera Operations5535584,9714,9710$80.02$2.12
Apr 2024Formentera Operations5755694,9824,9820$85.35$1.60
Mar 2024Formentera Operations3883655,9765,9760$81.28$1.49
Feb 2024Formentera Operations3733925,1325,1320$77.25$1.72
Jan 2024Formentera Operations3963934,1604,1600$74.15$3.18
Dec 2023Formentera Operations5965978,8788,82850$71.90$2.52
Nov 2023Formentera Operations7627878,9778,90671$77.69$2.71
Oct 2023Slant Operating,7477507,5467,419127$85.64$2.98
Sep 2023Slant Operating,7146948,2727,344928$89.43$2.64
Aug 2023Slant Operating,8147877,3376,924413$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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