Skip to content
Royalty Clerk

Texas oil lease

Producing

TXL -O-

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

1 well

2,194bbl oil, last 12 months−13% vs prior year
Operator
Formentera Operations LLC
County
Ector County
Field
TXL (Devonian)
RRC lease
08-16856

Is your check right?

Check my statement

Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
1,920 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for TXL -O-, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,194 bbl in the 12 months through Jul 2026, against 2,518 bbl in the 12 months before.Last 12 months: 2,194 bblbbl per monthmcf per month00200100400200600300800400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for TXL -O-, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,194 bbl in the 12 months through Jul 2026, against 2,518 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200100400200600300800400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

Flaring peaked at 62.4% of the gas in May 2026.

  • Transmission line (2)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of TXL -O- gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 62.4% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 62.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of TXL -O- gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 62.4% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 62.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 2,307 mcf

  • Flared (4)

    9.2% · 235 mcf

9.2% of the gas flared in the last 12 months. 8 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 -O-
API numberWell no.Status
42-135-059526 LActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers100Jul 21, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Ngl Crude Logistics, LLCOilGathers100Sep 1, 2014Jul 21, 2025

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

Who buys my oilOil price check

What the drilling permits say

Permits for TXL -O-
API numberWell no.Acreson the permit
42-135-059526 L–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for TXL -O-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations00000$80.46$2.89
Jun 2026Formentera Operations0151000$84.81$3.15
May 2026Formentera Operations263296282106176$102.13$2.94
Apr 2026Formentera Operations3562253303300$100.32$2.77
Mar 2026Formentera Operations13037370$91.38$3.04
Feb 2026Formentera Operations1882551451450$64.51$3.62
Jan 2026Formentera Operations1902721821820$60.04$7.72
Dec 2025Formentera Operations2101471391390$57.97$4.26
Nov 2025Formentera Operations2862681491490$60.06$3.79
Oct 2025Formentera Operations1771301701700$60.89$3.19
Sep 2025Formentera Operations2223052252250$63.96$2.97
Aug 2025Formentera Operations2893102612610$64.86$2.91
Jul 2025Formentera Operations31631839433559$68.39$3.20
Jun 2025Formentera Operations5704882282280$68.17$3.02
May 2025Formentera Operations230333000$62.17$3.12
Apr 2025Formentera Operations28265000$63.54$3.42
Mar 2025Formentera Operations191000$68.24$4.12
Feb 2025Formentera Operations50000$71.53$4.19
Jan 2025Formentera Operations14810536360$75.74$4.13
Dec 2024Formentera Operations164214000$70.12$3.01
Nov 2024Formentera Operations17925440364$69.95$2.12
Oct 2024Formentera Operations20213037370$71.99$2.20
Sep 2024Formentera Operations20725452520$70.24$2.28
Aug 2024Formentera Operations21425625250$76.68$1.99
Jul 2024Formentera Operations2311301151150$81.80$2.07
Jun 2024Formentera Operations2382742032030$79.77$2.54
May 2024Formentera Operations2292741821820$80.02$2.12
Apr 2024Formentera Operations2642662402400$85.35$1.60
Mar 2024Formentera Operations2752552202200$81.28$1.49
Feb 2024Formentera Operations2642701021020$77.25$1.72
Jan 2024Formentera Operations27727920164$74.15$3.18
Dec 2023Formentera Operations2902691381380$71.90$2.52
Nov 2023Formentera Operations15213424318756$77.69$2.71
Oct 2023Slant Operating,5001387365$85.64$2.98
Sep 2023Slant Operating,25327516915316$89.43$2.64
Aug 2023Slant Operating,28839823820929$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldTXL (Devonian)CountyEctor County

Formentera Operations LLC in Ector County

All Formentera Operations LLC leases →

TXL (Devonian) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km