TUBB, J. B. I

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 57406District 08Field 80473620Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.3 M
Feb 2022 – May 2026
Value, last 12 filed months
$214 k
at the published price for each month
Months reported
52
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
OilDisposition11,792 bbl$1,046,607
Casinghead gasProduction275,880 Mcf$1,208,905
Total$2,255,511

Wells on this lease (1)

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 31.4892, -102.6050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48918, -102.60502 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,785 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 5,785 ft.

Completions filed
Feb 2022
1 of 1 wells

1 well

42-1033438315,785 ftFeb 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 (52)

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

52 months

May 2026612,483106.413.05$14,054
Apr 2026462,20298.932.87$10,870
Mar 2026512,17889.753.15$11,437
Feb 2026451,13063.503.75$7,095
Jan 2026332,44459.138.00$21,498
Dec 2025564,75056.664.41$24,136
Nov 2025594,32158.593.93$20,423
Oct 2025544,66459.383.30$18,620
Sep 2025504,38662.743.08$16,632
Aug 2025557,30863.933.01$25,548
Jul 2025715,99966.743.32$24,626
Jun 2025624,83466.483.13$19,246
May 2025774,29860.553.23$18,555
Apr 2025563,28662.363.54$15,135
Mar 2025534,20867.704.27$21,549
Feb 2025874,26370.884.34$24,672
Jan 20251306,28074.324.28$36,532
Dec 20241125,29068.993.12$24,239
Nov 20241656,07169.052.20$24,740
Oct 20242319,91071.372.28$39,095
Sep 20242229,75569.612.36$38,518
Aug 20241996,78575.632.06$29,052
Jul 20241503,32579.932.15$19,127
Jun 2024193078.082.63$15,069
May 2024199078.812.20$15,683
Apr 2024199084.451.66$16,806
Mar 2024141080.301.55$11,322
Feb 20241475,01976.091.78$20,137
Jan 2024954,46673.023.30$21,664
Dec 20231384,91871.262.61$22,673
Nov 20231694,61077.892.81$26,106
Oct 20231494,40585.443.09$26,330
Sep 20231354,84289.042.74$25,263
Aug 20231584,35380.522.67$24,357
Jul 20231835,27074.852.64$27,620
Jun 20232015,33768.962.26$25,914
May 20232505,33570.622.23$29,538
Apr 20232714,71878.122.24$31,728
Mar 20232415,17872.852.39$29,949
Feb 20232145,26775.112.47$29,060
Jan 20231775,37676.533.39$31,758
Dec 20222624,65076.415.73$46,660
Nov 20223336,07485.005.65$62,600
Oct 20224475,01587.185.86$68,376
Sep 20225825,76484.888.16$96,456
Aug 20224158,98394.529.13$121,215
Jul 202260011,470101.587.54$147,456
Jun 20223198,337115.097.98$103,220
May 202266212,821109.378.43$180,523
Apr 20221,13914,047104.226.84$214,754
Mar 20221,64817,970108.885.08$270,657
Feb 202201,48591.054.86$7,215

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                   61 bbl  × $106.41 =     $6,491
Casinghead gas     2,483 Mcf  × $  3.05 =     $7,563

────────────────────────────────────────────────────
Month total                                  $14,054

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/57406 is the state's own key, not one this site invented.