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Producing

TUBB, J. B. I

Tubb, J. B. I is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Sand Hills (San Angelo, Upper) field.

Oil lease dossier

601bbl oil, last 12 months−59% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Sand Hills (San Angelo, Upper)
RRC lease
08-57406

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
39,320 mcf
Oil in Jul 2026
35 bbl

Production by month

Oil output fell 59% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. I, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 601 bbl in the 12 months through Jul 2026, against 1,460 bbl in the 12 months before.Last 12 months: 601 bblbbl per monthmcf per month00502,0001004,0001506,0002008,00025010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for TUBB, J. B. I, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 601 bbl in the 12 months through Jul 2026, against 1,460 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502,0001004,0001506,0002008,00025010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% 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)
89% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. I gas by disposition code each month, Aug 2023 to Jul 2026. 89% 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
89% of the gas went to a transmission line in the last 12 monthsShare of TUBB, J. B. I gas by disposition code each month, Aug 2023 to Jul 2026. 89% 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)

    89% · 34,867 mcf

  • Flared (4)

    11% · 4,453 mcf

11.3% 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, Feb 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCFeb 2022 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeSlant Operating, LLC, Feb 2022 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262023202420252026Changed Nov 2023Slant Operating, LLCFeb 2022 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enlink Crude Marketing, LLCOilGathers100May 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Feb 25, 2022–
Targa Midstream Services LLCCasinghead gasGathers100Feb 25, 2022–
Plains Marketing, L.p.OilGathers100Feb 25, 2022May 1, 2025

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

Who buys my oilOil price check

480 acres on the newest permit

Check your decimal on this lease
Permits for Tubb, J. B. I
API numberWell no.Acreson the permit
42-103-343831480

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. I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations35391,5811,56615$80.46$2.89
Jun 2026Formentera Operations57571,87301,873$84.81$3.15
May 2026Formentera Operations64612,483252,458$102.13$2.94
Apr 2026Formentera Operations44462,2022,16438$100.32$2.77
Mar 2026Formentera Operations47512,1782,15919$91.38$3.04
Feb 2026Formentera Operations45451,1301,1300$64.51$3.62
Jan 2026Formentera Operations39332,4442,39450$60.04$7.72
Dec 2025Formentera Operations55564,7504,7500$57.97$4.26
Nov 2025Formentera Operations56594,3214,3210$60.06$3.79
Oct 2025Formentera Operations55544,6644,6640$60.89$3.19
Sep 2025Formentera Operations53504,3864,3860$63.96$2.97
Aug 2025Formentera Operations51557,3087,3080$64.86$2.91
Jul 2025Formentera Operations66715,9995,9990$68.39$3.20
Jun 2025Formentera Operations68624,8344,8340$68.17$3.02
May 2025Formentera Operations71774,2984,2980$62.17$3.12
Apr 2025Formentera Operations65563,2863,25531$63.54$3.42
Mar 2025Formentera Operations49534,2084,2080$68.24$4.12
Feb 2025Formentera Operations74874,2634,2630$71.53$4.19
Jan 2025Formentera Operations1281306,2806,2800$75.74$4.13
Dec 2024Formentera Operations1251125,2905,2900$70.12$3.01
Nov 2024Formentera Operations1521656,0716,0710$69.95$2.12
Oct 2024Formentera Operations2232319,9109,9100$71.99$2.20
Sep 2024Formentera Operations2402229,7559,7550$70.24$2.28
Aug 2024Formentera Operations1991996,7856,7850$76.68$1.99
Jul 2024Formentera Operations1511503,3253,3250$81.80$2.07
Jun 2024Formentera Operations191193000$79.77$2.54
May 2024Formentera Operations198199000$80.02$2.12
Apr 2024Formentera Operations201199000$85.35$1.60
Mar 2024Formentera Operations148141000$81.28$1.49
Feb 2024Formentera Operations1391475,0195,0190$77.25$1.72
Jan 2024Formentera Operations101954,4664,4660$74.15$3.18
Dec 2023Formentera Operations1401384,9184,89820$71.90$2.52
Nov 2023Formentera Operations1621694,6104,6100$77.69$2.71
Oct 2023Slant Operating,1551494,4054,34560$85.64$2.98
Sep 2023Slant Operating,1331354,8424,441401$89.43$2.64
Aug 2023Slant Operating,1511584,3534,196157$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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This lease belongs to

OperatorFormentera Operations LLCFieldSand Hills (San Angelo, Upper)CountyCrane County

Formentera Operations LLC in Crane County

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Sand Hills (San Angelo, Upper) field

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