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Producing

WALTON, J. B. A/C 2

Walton, J. B. A/C 2 is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Keystone (Colby) field.

53 wells

1,852bbl oil, last 12 months−41% vs prior year
Operator
Formentera Operations LLC
County
Winkler County
Field
Keystone (Colby)
RRC lease
08-03287

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
2,701 mcf
Oil in Jul 2026
143 bbl

Production by month

Oil output fell 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for WALTON, J. B. A/C 2, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 1,852 bbl in the 12 months through Jul 2026, against 3,147 bbl in the 12 months before.Last 12 months: 1,852 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for WALTON, J. B. A/C 2, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 1,852 bbl in the 12 months through Jul 2026, against 3,147 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Apr 2025.

  • Transmission line (2)
  • Flared (4)
All of the gas went to flaring in the last 12 monthsShare of WALTON, J. B. A/C 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of WALTON, J. B. A/C 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 16 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in May 2024

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to May 2021; Saddleback Exploration, LLC, Jun 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Jun 2021Changed May 2024Blackbeard Operating, LLCJan 2020 to May 2021Saddleback Exploration, LLCJun 2021 to Apr 2024Formentera Operations LLCMay 2024 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to May 2021; Saddleback Exploration, LLC, Jun 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Jun 2021Changed May 2024Blackbeard Operating, LLCJan 2020 to May 2021Saddleback Exploration, LLCJun 2021 to Apr 2024Formentera Operations LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

53 wells on this lease

Wells on WALTON, J. B. A/C 2
API numberWell no.Status
42-495-03044146WShut-in
42-495-03051153WShut-in
42-495-03065168Active
42-495-03076179Active
42-495-03091194Active
42-495-03095198Active
42-495-03110213WActive
42-495-03118221Active
42-495-03119222Active
42-495-03120223WShut-in
42-495-03122225Active
42-495-03123226WShut-in
42-495-03126229Shut-in
42-495-03127230WShut-in
42-495-03130233WActive
42-495-031631WActive
42-495-04853253WShut-in
42-495-04863263Shut-in
42-495-06210249WActive
42-495-10343271Active
42-495-10344272WShut-in
42-495-10349277Active
42-495-10350278Active
42-495-10351279Active
42-495-10352280Shut-in
42-495-10353281WShut-in
42-495-10354282WActive
42-495-10355283Shut-in
42-495-10359287Active
42-495-10360288WActive
42-495-10361289Active
42-495-10362290WActive
42-495-10363291Active
42-495-10365293Active
42-495-10367295Shut-in
42-495-10369297Active
42-495-10371299Active
42-495-10373301Active
42-495-10374302WShut-in
42-495-30080305Shut-in
42-495-30167309Active
42-495-30168258AActive
42-495-30178310Shut-in
42-495-30180312Active
42-495-30181313Active
42-495-32065316Shut-in
42-495-32215334Shut-in
42-495-32479347Active
42-495-32484349WIShut-in
42-495-33245352Shut-in
42-495-33250351Shut-in
42-495-33255353RShut-in
42-495-80684216Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Dec 21, 2022–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Dec 21, 2022–
Etc Texas P/L, LTDCasinghead gasBuys100Dec 21, 2022Oct 1, 2023
Energy Transfer CompanyCasinghead gasGathers50May 1, 2018Dec 21, 2022
Targa Midstream Services LLCCasinghead gasGathers50May 1, 2018Dec 21, 2022
Etc Texas P/L, LTDCasinghead gasBuys50Apr 13, 2022Dec 21, 2022
Targa Midstream Services LLCCasinghead gasBuys50May 1, 2018Dec 21, 2022
Eastex Crude CompanyOilGathers100Jun 1, 2021Dec 21, 2022

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

Who buys my oilOil price check

2,720 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 2,720 and 5,760 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    138 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.

Check your decimal on this lease
Permits for Walton, J. B. A/C 2
API numberWell no.Acreson the permit
42-495-030841872,720
42-495-322153344,480
42-495-33255353R4,480
42-495-030761794,480
42-495-031192224,480
42-495-03119222R4,480
42-495-332503514,480
42-495-332453524,480
42-495-301673095,760
42-495-301783105,760
42-495-103632915,760
42-495-103672955,760

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WALTON, J. B. A/C 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations1438648048$80.46$2.89
Jun 2026Formentera Operations2011061490149$84.81$3.15
May 2026Formentera Operations1492211550155$102.13$2.94
Apr 2026Formentera Operations6501480148$100.32$2.77
Mar 2026Formentera Operations1462111660166$91.38$3.04
Feb 2026Formentera Operations1321201540154$64.51$3.62
Jan 2026Formentera Operations792271390139$60.04$7.72
Dec 2025Formentera Operations137972950295$57.97$4.26
Nov 2025Formentera Operations1582272850285$60.06$3.79
Oct 2025Formentera Operations1472242860286$60.89$3.19
Sep 2025Formentera Operations2581114420442$63.96$2.97
Aug 2025Formentera Operations2371904340434$64.86$2.91
Jul 2025Formentera Operations731903150315$68.39$3.20
Jun 2025Formentera Operations167951980198$68.17$3.02
May 2025Formentera Operations1392012170217$62.17$3.12
Apr 2025Formentera Operations5902100210$63.54$3.42
Mar 2025Formentera Operations165213000$68.24$4.12
Feb 2025Formentera Operations216212000$71.53$4.19
Jan 2025Formentera Operations202213000$75.74$4.13
Dec 2024Formentera Operations367349000$70.12$3.01
Nov 2024Formentera Operations232285000$69.95$2.12
Oct 2024Formentera Operations377487000$71.99$2.20
Sep 2024Formentera Operations554471000$70.24$2.28
Aug 2024Formentera Operations596625000$76.68$1.99
Jul 2024Formentera Operations742626000$81.80$2.07
Jun 2024Formentera Operations4875364914910$79.77$2.54
May 2024Formentera Operations4636435845840$80.02$2.12
Apr 2024Saddleback Exploration,3501114674670$85.35$1.60
Mar 2024Saddleback Exploration,4455144744740$81.28$1.49
Feb 2024Saddleback Exploration,1263142372370$77.25$1.72
Jan 2024Saddleback Exploration,4331872272270$74.15$3.18
Dec 2023Saddleback Exploration,5393453893890$71.90$2.52
Nov 2023Saddleback Exploration,9216584840$77.69$2.71
Oct 2023Saddleback Exploration,1692771401400$85.64$2.98
Sep 2023Saddleback Exploration,3973946086080$89.43$2.64
Aug 2023Saddleback Exploration,5335267177170$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 LLCFieldKeystone (Colby)CountyWinkler County

Formentera Operations LLC in Winkler County

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Keystone (Colby) field

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