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Texas oil lease

Producing

TEXAS -W-

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

16 wells

9,060bbl oil, last 12 months+4% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Dune
RRC lease
08-14842

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
2,099 mcf
Oil in Jul 2026
699 bbl

Production by month

Oil output rose 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for TEXAS -W-, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 9,060 bbl in the 12 months through Jul 2026, against 8,746 bbl in the 12 months before.Last 12 months: 9,060 bblbbl per monthmcf per month002501005002007503001,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for TEXAS -W-, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 9,060 bbl in the 12 months through Jul 2026, against 8,746 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501005002007503001,000400Jan 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 TEXAS -W- 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 TEXAS -W- 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% · 1,233 mcf

  • Transmission line (2)

    41% · 866 mcf

58.7% 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.

16 wells on this lease

Wells on TEXAS -W-
API numberWell no.Status
42-103-053751Shut-in
42-103-053762Active
42-103-053773Active
42-103-053784Active
42-103-308759WActive
42-103-3091610WShut-in
42-103-3092512WShut-in
42-103-3092611Active
42-103-3501315Active
42-103-3501413Shut-in
42-103-3501514Active
42-103-3504516Active
42-103-3504617Active
42-103-3520318Active
42-103-3520419Shut-in
42-103-3520520Shut-in

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

160 acres on the newest permit

  • Good to know

    20 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 Texas -W-
API numberWell no.Acreson the permit
42-103-3520318160
42-103-3520419160
42-103-3520520160
42-103-3504516160
42-103-3504617160
42-103-3501315160
42-103-3501413160
42-103-3501514160
42-103-053751–
42-103-053762–
42-103-053773–
42-103-053784–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for TEXAS -W-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations6996911750175$80.46$2.89
Jun 2026Formentera Operations7138701680168$84.81$3.15
May 2026Formentera Operations70761916431133$102.13$2.94
Apr 2026Formentera Operations81685916611155$100.32$2.77
Mar 2026Formentera Operations73262516517148$91.38$3.04
Feb 2026Formentera Operations7007301558966$64.51$3.62
Jan 2026Formentera Operations71575915310152$60.04$7.72
Dec 2025Formentera Operations7877961698089$57.97$4.26
Nov 2025Formentera Operations79874717413242$60.06$3.79
Oct 2025Formentera Operations76880619812474$60.89$3.19
Sep 2025Formentera Operations81987018710384$63.96$2.97
Aug 2025Formentera Operations80671522517847$64.86$2.91
Jul 2025Formentera Operations70164119453141$68.39$3.20
Jun 2025Formentera Operations6907931579067$68.17$3.02
May 2025Formentera Operations72269321183128$62.17$3.12
Apr 2025Formentera Operations73369121013278$63.54$3.42
Mar 2025Formentera Operations76279821016644$68.24$4.12
Feb 2025Formentera Operations57457915242110$71.53$4.19
Jan 2025Formentera Operations70469417110170$75.74$4.13
Dec 2024Formentera Operations7657912062204$70.12$3.01
Nov 2024Formentera Operations72273821414965$69.95$2.12
Oct 2024Formentera Operations8037362362324$71.99$2.20
Sep 2024Formentera Operations82991420417232$70.24$2.28
Aug 2024Formentera Operations74169721819325$76.68$1.99
Jul 2024Formentera Operations80879322218933$81.80$2.07
Jun 2024Formentera Operations7917922182180$79.77$2.54
May 2024Formentera Operations7697202162160$80.02$2.12
Apr 2024Formentera Operations65570521117932$85.35$1.60
Mar 2024Formentera Operations7207982032003$81.28$1.49
Feb 2024Formentera Operations7566992042040$77.25$1.72
Jan 2024Formentera Operations6867581911847$74.15$3.18
Dec 2023Formentera Operations8788202192190$71.90$2.52
Nov 2023Formentera Operations76381021517342$77.69$2.71
Oct 2023Slant Operating,8598592642640$85.64$2.98
Sep 2023Slant Operating,87484527326112$89.43$2.64
Aug 2023Slant Operating,9809883223220$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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