Texas oil lease
ProducingWHEELER, C. O.
Wheeler, C. O. is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Wheeler (Devonian) field.
3 wells
- Operator
- Formentera Operations LLC
- County
- Winkler County
- Field
- Wheeler (Devonian)
- RRC lease
- 08-08023
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 96 bbl
- Reporting since
- Jan 2020
Production by month
Oil output fell 45% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 2 times, most recently in Nov 2023
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Jul 2021 to Oct 2023
- Apache Corporation Jan 2020 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
3 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-495-01245 | 2 | Active |
| 42-495-05738 | 1 | Active |
| 42-495-05739 | 4 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | May 1, 2026 | – |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | – |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Nov 1, 2022 | May 1, 2026 |
| Eastex Crude Company | Oil | Gathers | 100 | May 1, 2022 | Nov 1, 2022 |
| Rio Energy International, Inc. | Oil | Gathers | 100 | Sep 1, 2020 | May 1, 2022 |
| Eastex Crude Company | Oil | Gathers | 50 | May 1, 2020 | Sep 1, 2020 |
| Shell Trading (Us) Company | Oil | Gathers | 50 | May 1, 2020 | Sep 1, 2020 |
| Rio Energy International, Inc. | Oil | Gathers | 100 | Aug 1, 2019 | May 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
160 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-495-05739 | 4 | Sep 12, 2008 | Jan 12, 1984 | 160 |
| 42-495-01245 | 2 | Nov 12, 1980 | Dec 17, 1980 | 160 |
| 42-495-05738 | 1 | Nov 8, 1979 | Jan 16, 1980 | 160 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Formentera Operations | 96 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 73 | 173 | $84.81 | $3.15 |
| May 2026Formentera Operations | 88 | 0 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 85 | 86 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 49 | 169 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 64 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 85 | 168 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 119 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 109 | 153 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 104 | 170 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 97 | 158 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 121 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 267 | 169 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 53 | 168 | $68.17 | $3.02 |
| May 2025Formentera Operations | 37 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 80 | 0 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 124 | 136 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 113 | 170 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 182 | 140 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 181 | 165 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 206 | 314 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 256 | 171 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 246 | 342 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 241 | 171 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 255 | 175 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 228 | 343 | $79.77 | $2.54 |
| May 2024Formentera Operations | 223 | 167 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 165 | 171 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 132 | 338 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 117 | 0 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 141 | 170 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 147 | 169 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 128 | 0 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 132 | 172 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 128 | 160 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 122 | 176 | $81.39 | $2.58 |
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
Formentera Operations LLC in Winkler County
- STATE-WALTON A/C 2
1,549 bbl
- JENKINS, B.F.
1,620 bbl
- WADDELL
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- BLUE ESTATE
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- WADDELL
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- BASHARA, J. M.
1,101 bbl
- EVANS, RUBE "10"
932 bbl
- WALTON, J. B.
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- EVANS, RUBE "2"
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- STATE WALTON -E- A/C 4
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Leases within 10 km
- WHEELER, R. A.
0 bbl · 0.6 km
- WHEELER, R. A. -A-
0 bbl · 0.7 km
- WHEELER, R. A "C"
0 bbl · 0.9 km
- BLUE ESTATE
3,604 bbl · 0.9 km
- WHEELER, R. A.
0 bbl · 1.1 km
- BLUE ESTATE
129 bbl · 1.2 km
- WHEELER, A.E.
335 bbl · 1.4 km
- WHEELER, R.A.
0 bbl · 1.5 km
- BLUE, R. H.
1,147 bbl · 1.5 km
- WHEELER
0 bbl · 1.7 km
Drilling permits within 10 km
WADDELL BROS & CO #19
field transfer · Formentera Operations LLC · Winkler County · 9.4 km
Permit 0908174 · May 23, 2025
WADDELL BROS & CO #18
recompletion · Formentera Operations LLC · Winkler County · 8.9 km
Permit 0906013 · Feb 20, 2025
WADDELL BROS & CO #16
recompletion · Formentera Operations LLC · Winkler County · 9.6 km
Permit 0906012 · Feb 20, 2025