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Texas oil lease

Producing

STATE OF TEXAS -DW-

State of Texas -DW- is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Dune field.

20 wells

4,396bbl oil, last 12 months−13% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Dune
RRC lease
08-15057

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
1,221 mcf
Oil in Jul 2026
311 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 STATE OF TEXAS -DW-, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 4,396 bbl in the 12 months through Jul 2026, against 5,031 bbl in the 12 months before.Last 12 months: 4,396 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for STATE OF TEXAS -DW-, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 4,396 bbl in the 12 months through Jul 2026, against 5,031 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

59% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
59% of the gas went to flaring in the last 12 monthsShare of STATE OF TEXAS -DW- gas by disposition code each month, Aug 2023 to Jul 2026. 59% of the gas went to flaring 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
59% of the gas went to flaring in the last 12 monthsShare of STATE OF TEXAS -DW- gas by disposition code each month, Aug 2023 to Jul 2026. 59% of the gas went to flaring 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.

  • Flared (4)

    59% · 716 mcf

  • Transmission line (2)

    41% · 505 mcf

58.6% of the gas flared in the last 12 months. 28 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.

20 wells on this lease

Wells on STATE OF TEXAS -DW-
API numberWell no.Status
42-103-040674Active
42-103-041206Active
42-103-041217Active
42-103-041228Active
42-103-041452WActive
42-103-041463Active
42-103-044021WActive
42-103-044035WActive
42-103-309649Shut-in
42-103-3096610Active
42-103-3098413Active
42-103-3098512Active
42-103-3098611Active
42-103-3100015Active
42-103-3100114Active
42-103-3100216Shut-in
42-103-3112619Active
42-103-3112718Shut-in
42-103-3112817Active
42-103-3513620Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100May 1, 2026–
Plains Marketing, L.p.OilGathers100Sep 1, 2022May 1, 2026
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Sep 1, 2022
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Sep 1, 2022
Plains Pipeline L.p.OilGathers100Apr 1, 2004Sep 1, 2022

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

Who buys my oilOil price check

320 acres on the newest permit

  • Good to know

    27 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for State of Texas -DW-
API numberWell no.Acreson the permit
42-103-3513620320
42-103-040674–
42-103-040674W–
42-103-041206–
42-103-041206W–
42-103-041217–
42-103-041217W–
42-103-041228–
42-103-041452–
42-103-041452W–
42-103-041463–
42-103-041463W–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE OF TEXAS -DW-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations31131299099$80.46$2.89
Jun 2026Formentera Operations32639798098$84.81$3.15
May 2026Formentera Operations322282961878$102.13$2.94
Apr 2026Formentera Operations37339496690$100.32$2.77
Mar 2026Formentera Operations338289961086$91.38$3.04
Feb 2026Formentera Operations328345915239$64.51$3.62
Jan 2026Formentera Operations355377895930$60.04$7.72
Dec 2025Formentera Operations392396994752$57.97$4.26
Nov 2025Formentera Operations3923671027725$60.06$3.79
Oct 2025Formentera Operations3844041157243$60.89$3.19
Sep 2025Formentera Operations4154391096049$63.96$2.97
Aug 2025Formentera Operations46042813110427$64.86$2.91
Jul 2025Formentera Operations4454091233390$68.39$3.20
Jun 2025Formentera Operations4364961005743$68.17$3.02
May 2025Formentera Operations4304161345381$62.17$3.12
Apr 2025Formentera Operations4594281338449$63.54$3.42
Mar 2025Formentera Operations41543213310627$68.24$4.12
Feb 2025Formentera Operations314316942668$71.53$4.19
Jan 2025Formentera Operations3753691046143$75.74$4.13
Dec 2024Formentera Operations4114321231122$70.12$3.01
Nov 2024Formentera Operations4204301228537$69.95$2.12
Oct 2024Formentera Operations4664221341322$71.99$2.20
Sep 2024Formentera Operations4595131169818$70.24$2.28
Aug 2024Formentera Operations4013671099613$76.68$1.99
Jul 2024Formentera Operations4143991099316$81.80$2.07
Jun 2024Formentera Operations3663741241240$79.77$2.54
May 2024Formentera Operations4133921201200$80.02$2.12
Apr 2024Formentera Operations3874161119219$85.35$1.60
Mar 2024Formentera Operations34636489872$81.28$1.49
Feb 2024Formentera Operations33631192920$77.25$1.72
Jan 2024Formentera Operations31632384813$74.15$3.18
Dec 2023Formentera Operations27825968680$71.90$2.52
Nov 2023Formentera Operations241256675413$77.69$2.71
Oct 2023Slant Operating,27127182820$85.64$2.98
Sep 2023Slant Operating,27626782784$89.43$2.64
Aug 2023Slant Operating,31031297970$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

This lease belongs to

OperatorFormentera Operations LLCFieldDuneCountyCrane County

Formentera Operations LLC in Crane County

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Dune field

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