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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 (Wichita Albany, S.) field.

11 wells

52,705bbl oil, last 12 months−44% vs prior year
RRC lease
08-58256

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
687,180 mcf
Oil in Jul 2026
2,993 bbl

Production by month

Oil output fell 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. -C-, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 52,705 bbl in the 12 months through Jul 2026, against 94,419 bbl in the 12 months before.Last 12 months: 52,705 bblbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. -C-, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 52,705 bbl in the 12 months through Jul 2026, against 94,419 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

79% of the gas went to a transmission line in the last 12 months

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

  • Transmission line (2)
  • Flared (4)
79% 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. 79% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
79% 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. 79% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in May 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)

    79% · 543,933 mcf

  • Flared (4)

    21% · 143,247 mcf

20.8% of the gas flared in the last 12 months. 7 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, Aug 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCAug 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeSlant Operating, LLC, Aug 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCAug 2022 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
42-103-3700542Active
42-103-3703943Active
42-103-3704045Active
42-103-3704146Active
42-103-3704444Active
42-103-3719647Active
42-103-3719751Active
42-103-3719848Active
42-103-3719952Active
42-103-3720649Active
42-103-3720750Active

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 gasBuys100Aug 18, 2022–
Targa Midstream Services LLCCasinghead gasGathers100Aug 18, 2022–
Plains Marketing, L.p.OilGathers100Aug 18, 2022May 1, 2025

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

640 acres on the newest permit

  • Good to know

    13 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
42-103-3700441640
42-103-3700441A640
42-103-3704444640
42-103-3720750640
42-103-3719647640
42-103-3719751640
42-103-3719848640
42-103-3719952640
42-103-3720649640
42-103-3703943640
42-103-3704045640
42-103-3704146640

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 Operations2,9932,84750,20849,838370$80.46$2.89
Jun 2026Formentera Operations3,1333,54260,405060,405$84.81$3.15
May 2026Formentera Operations3,4003,21863,733063,733$102.13$2.94
Apr 2026Formentera Operations5,3235,29259,02440,63018,394$100.32$2.77
Mar 2026Formentera Operations4,7034,78855,23954,894345$91.38$3.04
Feb 2026Formentera Operations3,9143,70544,42144,4210$64.51$3.62
Jan 2026Formentera Operations3,1873,20347,07547,0750$60.04$7.72
Dec 2025Formentera Operations5,1705,27162,38062,3800$57.97$4.26
Nov 2025Formentera Operations4,3444,26359,50659,5060$60.06$3.79
Oct 2025Formentera Operations5,2895,30063,06263,0620$60.89$3.19
Sep 2025Formentera Operations5,7435,80962,24962,2490$63.96$2.97
Aug 2025Formentera Operations5,5065,38659,87859,8780$64.86$2.91
Jul 2025Formentera Operations5,8466,05859,34459,3440$68.39$3.20
Jun 2025Formentera Operations8,1788,12168,27268,2720$68.17$3.02
May 2025Formentera Operations5,5095,60759,59959,5990$62.17$3.12
Apr 2025Formentera Operations5,7295,83161,74859,4382,310$63.54$3.42
Mar 2025Formentera Operations5,8665,68365,19465,1940$68.24$4.12
Feb 2025Formentera Operations6,7046,69566,31466,3140$71.53$4.19
Jan 2025Formentera Operations7,3977,54376,74075,4321,308$75.74$4.13
Dec 2024Formentera Operations8,2038,18477,03377,0330$70.12$3.01
Nov 2024Formentera Operations8,7289,13192,49792,4970$69.95$2.12
Oct 2024Formentera Operations10,63510,30295,97895,9780$71.99$2.20
Sep 2024Formentera Operations8,6358,84883,90283,9020$70.24$2.28
Aug 2024Formentera Operations12,98912,818101,485101,4850$76.68$1.99
Jul 2024Formentera Operations8,3558,23566,30566,3050$81.80$2.07
Jun 2024Formentera Operations5,9116,17247,22747,2270$79.77$2.54
May 2024Formentera Operations4,3824,30240,33140,3310$80.02$2.12
Apr 2024Formentera Operations3,0632,65537,00137,0010$85.35$1.60
Mar 2024Formentera Operations4,1804,19543,21643,2160$81.28$1.49
Feb 2024Formentera Operations4,8434,76945,22345,2230$77.25$1.72
Jan 2024Formentera Operations4,4144,71652,71352,7130$74.15$3.18
Dec 2023Formentera Operations5,4155,32278,47878,094384$71.90$2.52
Nov 2023Formentera Operations6,1806,07788,93286,2512,681$77.69$2.71
Oct 2023Slant Operating,5,3235,91872,40070,9251,475$85.64$2.98
Sep 2023Slant Operating,6,6006,08497,23777,14920,088$89.43$2.64
Aug 2023Slant Operating,7,8127,85388,58784,6813,906$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 (Wichita Albany, S.) field

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