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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 (San Angelo, Upper) field.

1 well

7,528bbl oil, last 12 months−12% vs prior year
RRC lease
08-57131

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
105,067 mcf
Oil in Jul 2026
825 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. -C-, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 7,528 bbl in the 12 months through Jul 2026, against 8,597 bbl in the 12 months before.Last 12 months: 7,528 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. -C-, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 7,528 bbl in the 12 months through Jul 2026, against 8,597 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% 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)
81% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. -C- gas by disposition code each month, Aug 2023 to Jul 2026. 81% 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
81% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. -C- gas by disposition code each month, Aug 2023 to Jul 2026. 81% 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)

    81% · 85,051 mcf

  • Flared (4)

    19% · 20,016 mcf

19.1% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2023

Operators of this lease over timeSlant Operating, LLC, Mar 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCMar 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeSlant Operating, LLC, Mar 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCMar 2022 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on TUBB, J. B. -C-
API numberWell no.Status
42-103-3697840Active

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 gasBuys100Mar 15, 2022–
Targa Midstream Services LLCCasinghead gasGathers100Mar 15, 2022–
Plains Marketing, L.p.OilGathers100Mar 15, 2022May 1, 2025

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

640 acres on the newest permit

  • 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
42-103-3697840640
42-103-3585038640
42-103-3518333640
42-103-3596939640

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

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 Operations82584210,48510,371114$80.46$2.89
Jun 2026Formentera Operations4954449,68609,686$84.81$3.15
May 2026Formentera Operations6356359,791889,703$102.13$2.94
Apr 2026Formentera Operations55856111,25010,928322$100.32$2.77
Mar 2026Formentera Operations4364627,8747,80272$91.38$3.04
Feb 2026Formentera Operations4755258,9288,9280$64.51$3.62
Jan 2026Formentera Operations5274489,0158,896119$60.04$7.72
Dec 2025Formentera Operations68369410,57210,5720$57.97$4.26
Nov 2025Formentera Operations7748217,3267,3260$60.06$3.79
Oct 2025Formentera Operations7977747,3867,3860$60.89$3.19
Sep 2025Formentera Operations7376917,5597,5590$63.96$2.97
Aug 2025Formentera Operations5866265,1955,1950$64.86$2.91
Jul 2025Formentera Operations6987256,0536,0530$68.39$3.20
Jun 2025Formentera Operations6776429,7199,7190$68.17$3.02
May 2025Formentera Operations65367613,46613,4660$62.17$3.12
Apr 2025Formentera Operations4353759,4139,32786$63.54$3.42
Mar 2025Formentera Operations76885620,63920,6390$68.24$4.12
Feb 2025Formentera Operations90790213,29613,2960$71.53$4.19
Jan 2025Formentera Operations67469218,86318,8630$75.74$4.13
Dec 2024Formentera Operations1,05595511,28911,2890$70.12$3.01
Nov 2024Formentera Operations5265685,4485,4480$69.95$2.12
Oct 2024Formentera Operations7538073,1753,1750$71.99$2.20
Sep 2024Formentera Operations8757702,0592,0590$70.24$2.28
Aug 2024Formentera Operations5766362282280$76.68$1.99
Jul 2024Formentera Operations1,2461,2686,0506,0500$81.80$2.07
Jun 2024Formentera Operations1,1421,1428,3018,3010$79.77$2.54
May 2024Formentera Operations1,2571,2425,4825,4820$80.02$2.12
Apr 2024Formentera Operations1,1381,1205,0785,0780$85.35$1.60
Mar 2024Formentera Operations88484110,12310,1230$81.28$1.49
Feb 2024Formentera Operations1,4201,5717,5477,5470$77.25$1.72
Jan 2024Formentera Operations1,5451,4448,5218,5210$74.15$3.18
Dec 2023Formentera Operations1,4151,36612,13612,08650$71.90$2.52
Nov 2023Formentera Operations1,0451,08012,85612,8560$77.69$2.71
Oct 2023Slant Operating,1,2811,34315,87115,607264$85.64$2.98
Sep 2023Slant Operating,1,5701,53618,00816,0571,951$89.43$2.64
Aug 2023Slant Operating,1,7271,78817,25716,588669$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

Sand Hills (San Angelo, Upper) field

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