Texas oil lease
ProducingTXL "K" TRACT II
TXL "K" Tract II is an oil lease in Ector County, Texas, operated by Formentera Operations LLC in the TXL (Ellenburger) field.
1 well
- Operator
- Formentera Operations LLC
- County
- Ector County
- Field
- TXL (Ellenburger)
- RRC lease
- 08-24229
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 16,453 mcf
- Oil in Jul 2026
- 500 bbl
Production by month
Oil output fell 5% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
85% 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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
85% · 13,932 mcf
Flared (4)
15% · 2,521 mcf
15.3% of the gas flared in the last 12 months. 24 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Nov 2023
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jul 2021 to Oct 2023
- Apache Corporation Jan 2020 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-135-05911 | 19 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | May 1, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What the drilling permits say
- Good to know
The state has no unit acreage for this lease
Ask the operator for the acreage on your well's division order and unit plat.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-135-05911 | 19 | – | Sep 30, 1976 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Formentera Operations | 500 | 536 | 1,655 | 1,409 | 246 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 451 | 534 | 1,231 | 0 | 1,231 | $84.81 | $3.15 |
| May 2026Formentera Operations | 390 | 362 | 1,322 | 560 | 762 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 437 | 360 | 1,517 | 1,512 | 5 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 474 | 521 | 1,535 | 1,523 | 12 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 453 | 352 | 1,438 | 1,438 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 313 | 537 | 929 | 929 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 513 | 343 | 1,450 | 1,444 | 6 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 459 | 529 | 1,534 | 1,534 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 472 | 362 | 1,538 | 1,432 | 106 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 425 | 530 | 1,297 | 1,225 | 72 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 260 | 170 | 1,007 | 926 | 81 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 410 | 537 | 1,382 | 1,201 | 181 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 314 | 175 | 1,402 | 1,283 | 119 | $68.17 | $3.02 |
| May 2025Formentera Operations | 410 | 545 | 1,451 | 340 | 1,111 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 408 | 537 | 1,602 | 1,067 | 535 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 458 | 186 | 1,818 | 1,795 | 23 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 418 | 546 | 3,076 | 3,076 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 521 | 540 | 1,853 | 1,748 | 105 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 530 | 540 | 1,827 | 84 | 1,743 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 500 | 361 | 1,927 | 1,514 | 413 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 399 | 541 | 1,776 | 1,577 | 199 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 506 | 367 | 1,574 | 1,515 | 59 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 566 | 687 | 1,730 | 600 | 1,130 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 585 | 531 | 1,789 | 1,315 | 474 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 548 | 518 | 1,695 | 1,695 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 461 | 533 | 1,685 | 1,659 | 26 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 541 | 546 | 1,667 | 1,463 | 204 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 422 | 345 | 1,974 | 1,921 | 53 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 476 | 538 | 1,626 | 1,065 | 561 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 548 | 556 | 1,770 | 1,492 | 278 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 660 | 532 | 1,733 | 1,419 | 314 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 618 | 721 | 1,439 | 1,439 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 556 | 546 | 1,731 | 1,338 | 393 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 442 | 519 | 1,722 | 1,366 | 356 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 581 | 548 | 1,784 | 1,394 | 390 | $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
Formentera Operations LLC in Ector County
- CARLINVILLE NATIONAL BANK
5,476 bbl
- ECTOR FEE UNIT II
5,179 bbl
- CAHILL, T. G., -B-
4,332 bbl
- BARROW, AUGUSTA
3,615 bbl
- TXL -D-
3,782 bbl
- PARKER
3,536 bbl
- SLATOR -E-
2,222 bbl
- CUMMINS -B-
3,199 bbl
- MRS. T. B. ROBERTS R/A -A-
1,779 bbl
- BARROW, AUGUSTA
2,145 bbl
TXL (Ellenburger) field
- ALMA
7,413 bbl
- SLATOR -B-
1,720 bbl
- THOMAS, H. TR.1
1,103 bbl
- FRASER, G. C. -F-
150 bbl
- SLATOR, J. D.
80 bbl
Leases within 10 km
- TXL NORTH UNIT
94,825 bbl · 0 km
- SLAT
0 bbl · 0.3 km
- TXL -A-
0 bbl · 0.4 km
- SLAT
0 bbl · 0.4 km
- PETSCH
1,489 bbl · 0.8 km
- SLATOR -A- TRACT II
871 bbl · 0.8 km
- SLATOR -D-
338 bbl · 0.9 km
- SLATOR -E-
356 bbl · 1.1 km
- SLATOR -B-
0 bbl · 1.1 km
- SLATOR -E-
2,222 bbl · 1.2 km
Drilling permits within 10 km
CVX 43 #10
recompletion · Contango Resources, LLC · Ector County · 9.6 km
Permit 0783657 · May 17, 2014