Texas oil lease
ProducingTUBB, J. B. -C-
Tubb, J. B. -C- is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Sand Hills (Wichita Albany, S.) field.
11 wells
- Operator
- Formentera Operations LLC
- County
- Crane County
- RRC lease
- 08-58256
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 687,180 mcf
- Oil in Jul 2026
- 2,993 bbl
Production by month
Oil output fell 44% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
79% of the gas went to a transmission line in the last 12 months
Flaring peaked at 100.0% of the gas in May 2026.
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
79% · 543,933 mcf
Flared (4)
21% · 143,247 mcf
20.8% of the gas flared in the last 12 months. 7 months above 3%.
Who has run this lease
The operator changed once, most recently in Nov 2023
- Formentera Operations LLC Nov 2023 to now
- Slant Operating, LLC Aug 2022 to Oct 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
11 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-37005 | 42 | Active |
| 42-103-37039 | 43 | Active |
| 42-103-37040 | 45 | Active |
| 42-103-37041 | 46 | Active |
| 42-103-37044 | 44 | Active |
| 42-103-37196 | 47 | Active |
| 42-103-37197 | 51 | Active |
| 42-103-37198 | 48 | Active |
| 42-103-37199 | 52 | Active |
| 42-103-37206 | 49 | Active |
| 42-103-37207 | 50 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enlink Crude Marketing, LLC | Oil | Gathers | 100 | May 1, 2025 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Aug 18, 2022 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Aug 18, 2022 | – |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Aug 18, 2022 | May 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
640 acres on the newest permit
- Good to know
13 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-37004 | 41 | Nov 3, 2023 | Aug 18, 2022 | 640 |
| 42-103-37004 | 41A | Nov 3, 2023 | Jul 14, 2023 | 640 |
| 42-103-37044 | 44 | Jan 27, 2023 | Aug 26, 2022 | 640 |
| 42-103-37207 | 50 | Jan 12, 2023 | Jul 25, 2024 | 640 |
| 42-103-37196 | 47 | Jan 3, 2023 | Jul 13, 2024 | 640 |
| 42-103-37197 | 51 | Jan 3, 2023 | Jul 23, 2024 | 640 |
| 42-103-37198 | 48 | Jan 3, 2023 | Apr 21, 2023 | 640 |
| 42-103-37199 | 52 | Jan 3, 2023 | Jul 23, 2024 | 640 |
| 42-103-37206 | 49 | Jan 3, 2023 | Jul 27, 2024 | 640 |
| 42-103-37039 | 43 | Jun 7, 2022 | Sep 2, 2022 | 640 |
| 42-103-37040 | 45 | Jun 7, 2022 | Jul 30, 2024 | 640 |
| 42-103-37041 | 46 | Jun 7, 2022 | Apr 25, 2023 | 640 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Formentera Operations | 2,993 | 2,847 | 50,208 | 49,838 | 370 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 3,133 | 3,542 | 60,405 | 0 | 60,405 | $84.81 | $3.15 |
| May 2026Formentera Operations | 3,400 | 3,218 | 63,733 | 0 | 63,733 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 5,323 | 5,292 | 59,024 | 40,630 | 18,394 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 4,703 | 4,788 | 55,239 | 54,894 | 345 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 3,914 | 3,705 | 44,421 | 44,421 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 3,187 | 3,203 | 47,075 | 47,075 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 5,170 | 5,271 | 62,380 | 62,380 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 4,344 | 4,263 | 59,506 | 59,506 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 5,289 | 5,300 | 63,062 | 63,062 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 5,743 | 5,809 | 62,249 | 62,249 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 5,506 | 5,386 | 59,878 | 59,878 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 5,846 | 6,058 | 59,344 | 59,344 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 8,178 | 8,121 | 68,272 | 68,272 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 5,509 | 5,607 | 59,599 | 59,599 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 5,729 | 5,831 | 61,748 | 59,438 | 2,310 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 5,866 | 5,683 | 65,194 | 65,194 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 6,704 | 6,695 | 66,314 | 66,314 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 7,397 | 7,543 | 76,740 | 75,432 | 1,308 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 8,203 | 8,184 | 77,033 | 77,033 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 8,728 | 9,131 | 92,497 | 92,497 | 0 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 10,635 | 10,302 | 95,978 | 95,978 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 8,635 | 8,848 | 83,902 | 83,902 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 12,989 | 12,818 | 101,485 | 101,485 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 8,355 | 8,235 | 66,305 | 66,305 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 5,911 | 6,172 | 47,227 | 47,227 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 4,382 | 4,302 | 40,331 | 40,331 | 0 | $80.02 | $2.12 |
| Apr 2024Formentera Operations | 3,063 | 2,655 | 37,001 | 37,001 | 0 | $85.35 | $1.60 |
| Mar 2024Formentera Operations | 4,180 | 4,195 | 43,216 | 43,216 | 0 | $81.28 | $1.49 |
| Feb 2024Formentera Operations | 4,843 | 4,769 | 45,223 | 45,223 | 0 | $77.25 | $1.72 |
| Jan 2024Formentera Operations | 4,414 | 4,716 | 52,713 | 52,713 | 0 | $74.15 | $3.18 |
| Dec 2023Formentera Operations | 5,415 | 5,322 | 78,478 | 78,094 | 384 | $71.90 | $2.52 |
| Nov 2023Formentera Operations | 6,180 | 6,077 | 88,932 | 86,251 | 2,681 | $77.69 | $2.71 |
| Oct 2023Slant Operating, | 5,323 | 5,918 | 72,400 | 70,925 | 1,475 | $85.64 | $2.98 |
| Sep 2023Slant Operating, | 6,600 | 6,084 | 97,237 | 77,149 | 20,088 | $89.43 | $2.64 |
| Aug 2023Slant Operating, | 7,812 | 7,853 | 88,587 | 84,681 | 3,906 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Formentera Operations LLC in Crane County
- TUBB, J. B. -C-
44,730 bbl
- J. B. TUBB A/C 1 TR A
25,952 bbl
- TUBB, J. B. A/C #1
18,079 bbl
- UNIVERSITY WADDELL DEVONIAN UNIT
19,480 bbl
- KING 59
20,047 bbl
- UNIVERSITY -42-
16,338 bbl
- LEA, P. J. A/C 2
14,985 bbl
- STATE OF TEXAS -DX-
13,069 bbl
- JB TUBB A/C 1 TR B
7,446 bbl
- TUBB, J. B. -C-
7,528 bbl
Sand Hills (Wichita Albany, S.) field
- J. B. TUBB A/C 1 TR A
25,952 bbl
- JB TUBB A/C 1 TR B
7,446 bbl
Leases within 10 km
- TUBB, J. B. -C-
44,730 bbl · 0 km
- TUBB, J. B. -C-
0 bbl · 0.2 km
- TUBB, J. B. -C-
299 bbl · 0.2 km
- TUBB, J. B. C
0 mcf · 0.3 km
- TUBB, J. B. -C-
7,528 bbl · 0.3 km
- TUBB, J. B. A/C #1
18,079 bbl · 0.7 km
- JUDKINS GAS UNIT #3
1,689 mcf · 0.7 km
- TUBB, J. B. C
0 mcf · 0.7 km
- TUBB, J. B. -C-
331 bbl · 0.8 km
- TUBB, J. B. A/C 1
1,471 bbl · 0.9 km
Drilling permits within 10 km
LEA, P.J. ETAL #4027TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9 km
Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4029TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9 km
Permit 0918012 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9 km
Permit 0918008 · Sep 18, 2026
LEA, P.J. ETAL #4025JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9 km
Permit 0918001 · Sep 17, 2026
TUBB, J. B. -A- #2022JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 3.8 km
Permit 0918202 · Sep 1, 2026