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Texas oil lease

Producing

TXL "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

5,147bbl oil, last 12 months−5% vs prior year
RRC lease
08-24229

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector 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
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for TXL "K" TRACT II, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 5,147 bbl in the 12 months through Jul 2026, against 5,440 bbl in the 12 months before.Last 12 months: 5,147 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for TXL "K" TRACT II, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 5,147 bbl in the 12 months through Jul 2026, against 5,440 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jan 24JulJan 25JulJan 26Jul

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)
85% of the gas went to a transmission line in the last 12 monthsShare of TXL "K" TRACT II gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a transmission line in the last 12 monthsShare of TXL "K" TRACT II gas by disposition code each month, Aug 2023 to Jul 2026. 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.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)

    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

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.

1 well on this lease

Wells on TXL "K" TRACT II
API numberWell no.Status
42-135-0591119Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100May 1, 2018
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 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.

Check your decimal on this lease
Permits for TXL "K" Tract II
API numberWell no.Acreson the permit
42-135-0591119–

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

Estimate your royalty

36 months, newest first

Ledger for TXL "K" TRACT II
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations5005361,6551,409246$80.46$2.89
Jun 2026Formentera Operations4515341,23101,231$84.81$3.15
May 2026Formentera Operations3903621,322560762$102.13$2.94
Apr 2026Formentera Operations4373601,5171,5125$100.32$2.77
Mar 2026Formentera Operations4745211,5351,52312$91.38$3.04
Feb 2026Formentera Operations4533521,4381,4380$64.51$3.62
Jan 2026Formentera Operations3135379299290$60.04$7.72
Dec 2025Formentera Operations5133431,4501,4446$57.97$4.26
Nov 2025Formentera Operations4595291,5341,5340$60.06$3.79
Oct 2025Formentera Operations4723621,5381,432106$60.89$3.19
Sep 2025Formentera Operations4255301,2971,22572$63.96$2.97
Aug 2025Formentera Operations2601701,00792681$64.86$2.91
Jul 2025Formentera Operations4105371,3821,201181$68.39$3.20
Jun 2025Formentera Operations3141751,4021,283119$68.17$3.02
May 2025Formentera Operations4105451,4513401,111$62.17$3.12
Apr 2025Formentera Operations4085371,6021,067535$63.54$3.42
Mar 2025Formentera Operations4581861,8181,79523$68.24$4.12
Feb 2025Formentera Operations4185463,0763,0760$71.53$4.19
Jan 2025Formentera Operations5215401,8531,748105$75.74$4.13
Dec 2024Formentera Operations5305401,827841,743$70.12$3.01
Nov 2024Formentera Operations5003611,9271,514413$69.95$2.12
Oct 2024Formentera Operations3995411,7761,577199$71.99$2.20
Sep 2024Formentera Operations5063671,5741,51559$70.24$2.28
Aug 2024Formentera Operations5666871,7306001,130$76.68$1.99
Jul 2024Formentera Operations5855311,7891,315474$81.80$2.07
Jun 2024Formentera Operations5485181,6951,6950$79.77$2.54
May 2024Formentera Operations4615331,6851,65926$80.02$2.12
Apr 2024Formentera Operations5415461,6671,463204$85.35$1.60
Mar 2024Formentera Operations4223451,9741,92153$81.28$1.49
Feb 2024Formentera Operations4765381,6261,065561$77.25$1.72
Jan 2024Formentera Operations5485561,7701,492278$74.15$3.18
Dec 2023Formentera Operations6605321,7331,419314$71.90$2.52
Nov 2023Formentera Operations6187211,4391,4390$77.69$2.71
Oct 2023Slant Operating,5565461,7311,338393$85.64$2.98
Sep 2023Slant Operating,4425191,7221,366356$89.43$2.64
Aug 2023Slant Operating,5815481,7841,394390$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

Formentera Operations LLC in Ector County

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TXL (Ellenburger) field

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