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Texas oil lease

Producing

TXL -M-

TXL -M- is an oil lease in Ector County, Texas, operated by Formentera Operations LLC in the TXL (Devonian) field.

2 wells

1,753bbl oil, last 12 months+140% vs prior year
Operator
Formentera Operations LLC
County
Ector County
Field
TXL (Devonian)
RRC lease
08-15952

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
15,593 mcf
Oil in Jul 2026
172 bbl

Production by month

Oil output rose 140% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 140% over the last 12 monthsMonthly oil production and gas for TXL -M-, Aug 2023 to Jul 2026. Oil output rose 140% over the last 12 months. 1,753 bbl in the 12 months through Jul 2026, against 730 bbl in the 12 months before.Last 12 months: 1,753 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 140% over the last 12 monthsMonthly oil production and gas for TXL -M-, Aug 2023 to Jul 2026. Oil output rose 140% over the last 12 months. 1,753 bbl in the 12 months through Jul 2026, against 730 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 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 TXL -M- 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 TXL -M- 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% · 12,804 mcf

  • Flared (4)

    18% · 2,789 mcf

17.9% of the gas flared in the last 12 months. 18 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.

2 wells on this lease

Wells on TXL -M-
API numberWell no.Status
42-135-059401Active
42-135-059412Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100Sep 1, 2012
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

80 acres on the newest permit

Permits for TXL -M-
API numberWell no.Acreson the permit
42-135-05941280
42-135-05940180
42-135-059434 L–
42-135-059445–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for TXL -M-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations1721891,3191,206113$80.46$2.89
Jun 2026Formentera Operations1402041,35001,350$84.81$3.15
May 2026Formentera Operations166801,385464921$102.13$2.94
Apr 2026Formentera Operations111481,2831,2830$100.32$2.77
Mar 2026Formentera Operations33317877789$91.38$3.04
Feb 2026Formentera Operations359465363518$64.51$3.62
Jan 2026Formentera Operations1221941,5031,5030$60.04$7.72
Dec 2025Formentera Operations141831,5251,46758$57.97$4.26
Nov 2025Formentera Operations1471501,5341,395139$60.06$3.79
Oct 2025Formentera Operations1833171,9281,786142$60.89$3.19
Sep 2025Formentera Operations2281801,4111,37635$63.96$2.97
Aug 2025Formentera Operations275829159114$64.86$2.91
Jul 2025Formentera Operations00000$68.39$3.20
Jun 2025Formentera Operations00000$68.17$3.02
May 2025Formentera Operations00000$62.17$3.12
Apr 2025Formentera Operations0187000$63.54$3.42
Mar 2025Formentera Operations00000$68.24$4.12
Feb 2025Formentera Operations00000$71.53$4.19
Jan 2025Formentera Operations9377976853123$75.74$4.13
Dec 2024Formentera Operations1441301,788801,708$70.12$3.01
Nov 2024Formentera Operations10501,8501,375475$69.95$2.12
Oct 2024Formentera Operations1581781,9851,9850$71.99$2.20
Sep 2024Formentera Operations1383042,1022,1020$70.24$2.28
Aug 2024Formentera Operations9201,6771,233444$76.68$1.99
Jul 2024Formentera Operations1252241,9951,440555$81.80$2.07
Jun 2024Formentera Operations7701,4631,4630$79.77$2.54
May 2024Formentera Operations991831,5261,5260$80.02$2.12
Apr 2024Formentera Operations14501,190978212$85.35$1.60
Mar 2024Formentera Operations1381901,01998831$81.28$1.49
Feb 2024Formentera Operations132192991776215$77.25$1.72
Jan 2024Formentera Operations14001,024886138$74.15$3.18
Dec 2023Formentera Operations1384111,031874157$71.90$2.52
Nov 2023Formentera Operations14109929920$77.69$2.71
Oct 2023Slant Operating,2122791,2441,018226$85.64$2.98
Sep 2023Slant Operating,2642871,3811,34041$89.43$2.64
Aug 2023Slant Operating,2762861,5811,268313$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldTXL (Devonian)CountyEctor County

Formentera Operations LLC in Ector County

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TXL (Devonian) field

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