TUBB, J. B. A/C #1

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the SAND HILLS (SAN ANGELO, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 57245District 08Field 80473620Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.2 M
Apr 2022 – May 2026
Value, last 12 filed months
$367 k
at the published price for each month
Months reported
50
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 25 leases and 326 wells, and the rule below applies to all of them.

Discovered
1963-05-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2025-01-29.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DKT 24-00018462; UFT FIELD, 3477 - 3942 INTERVAL, NO MINIMUM

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition16,748 bbl$1,369,477
Casinghead gasProduction226,672 Mcf$871,664
Total$2,241,142

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.4805, -102.6300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

31.48046, -102.62999 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,810 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 4,809 and 4,810 ft, median 4,810 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2022 – May 2022
2 of 2 wells

2 wells

42-103356113594,809 ftMay 2022
42-103355143584,810 ftApr 2022

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (50)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

50 months

May 20261923,435106.413.05$30,893
Apr 20262033,81298.932.87$31,022
Mar 20263484,41189.753.15$45,125
Feb 20261273,14363.503.75$19,852
Jan 20262343,06359.138.00$38,334
Dec 20252343,90656.664.41$30,497
Nov 20252504,13058.593.93$30,864
Oct 20252143,79359.383.30$25,243
Sep 20253133,62862.743.08$30,801
Aug 20252434,25963.933.01$28,375
Jul 20252414,24966.743.32$30,171
Jun 20251904,10466.483.13$25,471
May 20252724,25160.553.23$30,210
Apr 20252564,90462.363.54$33,340
Mar 20252332,58267.704.27$26,795
Feb 20251151,51870.884.34$14,741
Jan 20251492,81274.324.28$23,105
Dec 20241913,19368.993.12$23,144
Nov 20242182,97169.052.20$21,584
Oct 20242573,96671.372.28$27,390
Sep 20242193,50269.612.36$23,525
Aug 20242592,63875.632.06$25,032
Jul 20242994,07579.932.15$32,646
Jun 20242535,48478.082.63$34,199
May 20242506,75078.812.20$34,542
Apr 20243404,67184.451.66$36,463
Mar 20242215,53180.301.55$26,292
Feb 20242704,24976.091.78$28,123
Jan 20242294,00073.023.30$29,912
Dec 20232595,08671.262.61$31,734
Nov 20233685,07277.892.81$42,903
Oct 20232455,36385.443.09$37,490
Sep 20233505,19589.042.74$45,373
Aug 20232354,51380.522.67$30,985
Jul 20233605,28874.852.64$40,916
Jun 20233093,96668.962.26$30,266
May 20233605,37570.622.23$37,395
Apr 20232935,82778.122.24$35,929
Mar 20234095,82972.852.39$43,745
Feb 20234295,93375.112.47$46,851
Jan 20233665,95876.533.39$48,194
Dec 20224948,31376.415.73$85,372
Nov 20227067,44085.005.65$102,018
Oct 20225184,84687.185.86$73,575
Sep 20227885,89884.888.16$115,035
Aug 20221,1137,30794.529.13$171,893
Jul 20222766,034101.587.54$73,545
Jun 20229214,976115.097.98$145,692
May 20227723,647109.378.43$115,189
Apr 20223571,776104.226.84$49,350

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  192 bbl  × $106.41 =    $20,431
Casinghead gas     3,435 Mcf  × $  3.05 =    $10,462

────────────────────────────────────────────────────
Month total                                  $30,893

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/57245 is the state's own key, not one this site invented.