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Texas oil lease

Producing

TXL -N-

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

2 wells

1,623bbl oil, last 12 months−31% vs prior year
RRC lease
08-22628

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
5,229 mcf
Oil in Jul 2026
111 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for TXL -N-, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 1,623 bbl in the 12 months through Jul 2026, against 2,362 bbl in the 12 months before.Last 12 months: 1,623 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for TXL -N-, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 1,623 bbl in the 12 months through Jul 2026, against 2,362 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 98.5% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of TXL -N- gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 98.5% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: fuel to lineFlared 98.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of TXL -N- gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 98.5% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Feb 25: fuel to lineFlared 98.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    74% · 3,893 mcf

  • Flared (4)

    26% · 1,336 mcf

25.5% of the gas flared in the last 12 months. 25 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 -N-
API numberWell no.Status
42-135-059462Shut-in
42-135-088041Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers50Jul 21, 2025–
Sentinel Transportation, LLCOilGathers50Oct 1, 2014–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Ngl Crude Logistics, LLCOilGathers50Oct 1, 2014Jul 21, 2025

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

80 acres on the newest permit

Permits for TXL -N-
API numberWell no.Acreson the permit
42-135-08804180
42-135-059462–

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

Estimate your royalty

36 months, newest first

Ledger for TXL -N-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations11116050842682$80.46$2.89
Jun 2026Formentera Operations123876099600$84.81$3.15
May 2026Formentera Operations13691467108359$102.13$2.94
Apr 2026Formentera Operations140883002955$100.32$2.77
Mar 2026Formentera Operations1251782812774$91.38$3.04
Feb 2026Formentera Operations108972692654$64.51$3.62
Jan 2026Formentera Operations126884244240$60.04$7.72
Dec 2025Formentera Operations14917841738532$57.97$4.26
Nov 2025Formentera Operations14418641136942$60.06$3.79
Oct 2025Formentera Operations14610545635799$60.89$3.19
Sep 2025Formentera Operations16426345344310$63.96$2.97
Aug 2025Formentera Operations15111263453599$64.86$2.91
Jul 2025Formentera Operations13996786511275$68.39$3.20
Jun 2025Formentera Operations13910869060585$68.17$3.02
May 2025Formentera Operations158241807248559$62.17$3.12
Apr 2025Formentera Operations208135714487227$63.54$3.42
Mar 2025Formentera Operations22026952549134$68.24$4.12
Feb 2025Formentera Operations1501375775770$71.53$4.19
Jan 2025Formentera Operations230270784091$75.74$4.13
Dec 2024Formentera Operations26126346145416$70.12$3.01
Nov 2024Formentera Operations180138555354201$69.95$2.12
Oct 2024Formentera Operations2052711,0891,0890$71.99$2.20
Sep 2024Formentera Operations2392746856850$70.24$2.28
Aug 2024Formentera Operations2331271,3291,188141$76.68$1.99
Jul 2024Formentera Operations221285818513305$81.80$2.07
Jun 2024Formentera Operations2582805165160$79.77$2.54
May 2024Formentera Operations2462504854850$80.02$2.12
Apr 2024Formentera Operations22511671863583$85.35$1.60
Mar 2024Formentera Operations23722871363776$81.28$1.49
Feb 2024Formentera Operations255235857646211$77.25$1.72
Jan 2024Formentera Operations125125851618233$74.15$3.18
Dec 2023Formentera Operations9010165656393$71.90$2.52
Nov 2023Formentera Operations1041055615610$77.69$2.71
Oct 2023Slant Operating,107102687526161$85.64$2.98
Sep 2023Slant Operating,11610865557877$89.43$2.64
Aug 2023Slant Operating,116112656542114$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 (Silurian) field

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