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Texas oil lease

Producing

TUBB, J. B., -F-

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

13 wells

2,293bbl oil, last 12 months−5% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Sand Hills (McKnight)
RRC lease
08-16234

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
81,534 mcf
Oil in Jul 2026
196 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for TUBB, J. B., -F-, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 2,293 bbl in the 12 months through Jul 2026, against 2,412 bbl in the 12 months before.Last 12 months: 2,293 bblbbl per monthmcf per month001002,5002005,0003007,50040010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for TUBB, J. B., -F-, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 2,293 bbl in the 12 months through Jul 2026, against 2,412 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002,5002005,0003007,50040010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

82% 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)
82% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B., -F- gas by disposition code each month, Aug 2023 to Jul 2026. 82% 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
82% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B., -F- gas by disposition code each month, Aug 2023 to Jul 2026. 82% 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)

    82% · 66,877 mcf

  • Flared (4)

    18% · 14,657 mcf

18.0% of the gas flared in the last 12 months. 5 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.

13 wells on this lease

Wells on TUBB, J. B., -F-
API numberWell no.Status
42-103-028137Active
42-103-056361Active
42-103-056393Active
42-103-104488Active
42-103-3249621 UShut-in
42-103-3543427Shut-in
42-103-3543525Active
42-103-3543928Active
42-103-3545529Active
42-103-3545630Active
42-103-3545731Active
42-103-3545832Active
42-103-3545926Shut-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 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

600 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 560 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    26 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., -F-
API numberWell no.Acreson the permit
42-103-3545630600
42-103-3545926600
42-103-3545529600
42-103-3545731600
42-103-3545832600
42-103-3543928600
42-103-3543427600
42-103-3543525600
42-103-3131212600
42-103-056361640
42-103-056393640
42-103-3112510 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., -F-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations1961977,1077,1070$80.46$2.89
Jun 2026Formentera Operations1841978,43508,435$84.81$3.15
May 2026Formentera Operations2101719,9853,9296,056$102.13$2.94
Apr 2026Formentera Operations1782017,7057,7050$100.32$2.77
Mar 2026Formentera Operations1772006,2286,062166$91.38$3.04
Feb 2026Formentera Operations1832015,7995,7990$64.51$3.62
Jan 2026Formentera Operations1701515,6655,6650$60.04$7.72
Dec 2025Formentera Operations2022505,8155,8150$57.97$4.26
Nov 2025Formentera Operations1961516,2206,2200$60.06$3.79
Oct 2025Formentera Operations1951996,1056,1050$60.89$3.19
Sep 2025Formentera Operations2041486,2776,2770$63.96$2.97
Aug 2025Formentera Operations1982406,1936,1930$64.86$2.91
Jul 2025Formentera Operations2182446,2286,2280$68.39$3.20
Jun 2025Formentera Operations2161986,7966,7960$68.17$3.02
May 2025Formentera Operations2322426,9006,9000$62.17$3.12
Apr 2025Formentera Operations1811824,8004,678122$63.54$3.42
Mar 2025Formentera Operations2791786,1336,1330$68.24$4.12
Feb 2025Formentera Operations1872195,3465,3460$71.53$4.19
Jan 2025Formentera Operations1871774,4614,4610$75.74$4.13
Dec 2024Formentera Operations2443095,8245,8240$70.12$3.01
Nov 2024Formentera Operations1701714,9824,846136$69.95$2.12
Oct 2024Formentera Operations2012165,6425,6420$71.99$2.20
Sep 2024Formentera Operations2021784,5564,5560$70.24$2.28
Aug 2024Formentera Operations951422,8332,8330$76.68$1.99
Jul 2024Formentera Operations183934,8684,8680$81.80$2.07
Jun 2024Formentera Operations1712164,9514,9510$79.77$2.54
May 2024Formentera Operations1752155,2415,097144$80.02$2.12
Apr 2024Formentera Operations2092275,4245,307117$85.35$1.60
Mar 2024Formentera Operations2571926,0756,0750$81.28$1.49
Feb 2024Formentera Operations2012493,9523,9520$77.25$1.72
Jan 2024Formentera Operations2532745,0714,902169$74.15$3.18
Dec 2023Formentera Operations3373527,3257,154171$71.90$2.52
Nov 2023Formentera Operations3333427,2727,2720$77.69$2.71
Oct 2023Slant Operating,3442317,7727,588184$85.64$2.98
Sep 2023Slant Operating,3514477,4826,4581,024$89.43$2.64
Aug 2023Slant Operating,3072237,3966,3361,060$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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