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Texas oil lease

Producing

TXL "P"

TXL "P" is an oil lease in Ector County, Texas, operated by Formentera Operations LLC in the Goldsmith, N. (San Andres, Con.) field.

1 well

371bbl oil, last 12 months−4% vs prior year
RRC lease
08-24677

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
101 mcf
Oil in Jul 2026
37 bbl

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for TXL "P", Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 371 bbl in the 12 months through Jul 2026, against 386 bbl in the 12 months before.Last 12 months: 371 bblbbl per monthmcf per month0020254050607580100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for TXL "P", Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 371 bbl in the 12 months through Jul 2026, against 386 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020254050607580100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

87% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Oct 2024.

  • Transmission line (2)
  • Flared (4)
87% of the gas went to a transmission line in the last 12 monthsShare of TXL "P" gas by disposition code each month, Aug 2023 to Jul 2026. 87% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
87% of the gas went to a transmission line in the last 12 monthsShare of TXL "P" gas by disposition code each month, Aug 2023 to Jul 2026. 87% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2024.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)

    87% · 223 mcf

  • Flared (4)

    13% · 33 mcf

12.9% of the gas flared in the last 12 months. 22 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 "P"
API numberWell no.Status
42-135-203544Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Oct 1, 2002
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

Permits for TXL "P"
API numberWell no.Acreson the permit
42-135-203544–

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

Estimate your royalty

36 months, newest first

Ledger for TXL "P"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations37014014$80.46$2.89
Jun 2026Formentera Operations2693000$84.81$3.15
May 2026Formentera Operations340000$102.13$2.94
Apr 2026Formentera Operations300000$100.32$2.77
Mar 2026Formentera Operations3389000$91.38$3.04
Feb 2026Formentera Operations320550$64.51$3.62
Jan 2026Formentera Operations270761$60.04$7.72
Dec 2025Formentera Operations34881055$57.97$4.26
Nov 2025Formentera Operations31024222$60.06$3.79
Oct 2025Formentera Operations279018180$60.89$3.19
Sep 2025Formentera Operations320000$63.96$2.97
Aug 2025Formentera Operations28023230$64.86$2.91
Jul 2025Formentera Operations30023221$68.39$3.20
Jun 2025Formentera Operations239261610$68.17$3.02
May 2025Formentera Operations28020182$62.17$3.12
Apr 2025Formentera Operations30036333$63.54$3.42
Mar 2025Formentera Operations338115105$68.24$4.12
Feb 2025Formentera Operations35038371$71.53$4.19
Jan 2025Formentera Operations220918$75.74$4.13
Dec 2024Formentera Operations328917017$70.12$3.01
Nov 2024Formentera Operations360725$69.95$2.12
Oct 2024Formentera Operations329112012$71.99$2.20
Sep 2024Formentera Operations410471433$70.24$2.28
Aug 2024Formentera Operations440574017$76.68$1.99
Jul 2024Formentera Operations279451438$81.80$2.07
Jun 2024Formentera Operations18030300$79.77$2.54
May 2024Formentera Operations250880$80.02$2.12
Apr 2024Formentera Operations3411336306$85.35$1.60
Mar 2024Formentera Operations36058517$81.28$1.49
Feb 2024Formentera Operations540956431$77.25$1.72
Jan 2024Formentera Operations209225187$74.15$3.18
Dec 2023Formentera Operations110281612$71.90$2.52
Nov 2023Formentera Operations20016160$77.69$2.71
Oct 2023Slant Operating,26012120$85.64$2.98
Sep 2023Slant Operating,28016214$89.43$2.64
Aug 2023Slant Operating,339127621$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

Formentera Operations LLC in Ector County

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Goldsmith, N. (San Andres, Con.) field

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