TUBB, J. B. A/C #2

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 57886District 08Field 80473620Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$653 k
Jun 2022 – May 2026
Value, last 12 filed months
$106 k
at the published price for each month
Months reported
48
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
OilDisposition8,076 bbl$601,611
Casinghead gasProduction12,794 Mcf$50,985
Total$652,595

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 31.4646, -102.6308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46465, -102.63085 · 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
3,700 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 3,700 ft.

Completions filed
Jun 2022
1 of 1 wells

1 well

42-103352333183,700 ftJun 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 (48)

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

48 months

May 202647213106.413.05$5,650
Apr 20260098.932.87$0
Mar 2026561289.753.15$5,064
Feb 202616518763.503.75$11,179
Jan 202611921059.138.00$8,716
Dec 202517521456.664.41$10,860
Nov 202515826558.593.93$10,298
Oct 202516631059.383.30$10,882
Sep 202516429662.743.08$11,200
Aug 202516131663.933.01$11,245
Jul 202514635266.743.32$10,911
Jun 202512933266.483.13$9,615
May 202519333460.553.23$12,766
Apr 202517229762.363.54$11,778
Mar 202521936167.704.27$16,367
Feb 202517931470.884.34$14,051
Jan 202520224974.324.28$16,078
Dec 202420523468.993.12$14,873
Nov 202422424769.052.20$16,010
Oct 202424123771.372.28$17,741
Sep 202417222669.612.36$12,507
Aug 202416716175.632.06$12,962
Jul 202415818179.932.15$13,017
Jun 202419422178.082.63$15,730
May 202418122778.812.20$14,764
Apr 202420920684.451.66$17,992
Mar 202419629280.301.55$16,190
Feb 202412624976.091.78$10,031
Jan 202412930473.023.30$10,422
Dec 202317926571.262.61$13,447
Nov 202326618377.892.81$21,233
Oct 202318323085.443.09$16,346
Sep 202322821989.042.74$20,900
Aug 202314920780.522.67$12,551
Jul 202317527274.852.64$13,817
Jun 202321623768.962.26$15,431
May 202321028470.622.23$15,463
Apr 202328338878.122.24$22,976
Mar 2023399972.852.39$3,078
Feb 202318223075.112.47$14,237
Jan 202318433576.533.39$15,216
Dec 202218430676.415.73$15,813
Nov 202221932385.005.65$20,439
Oct 202229632687.185.86$27,717
Sep 202217653884.888.16$19,331
Aug 202213543994.529.13$16,767
Jul 2022108482101.587.54$14,606
Jun 202211384115.097.98$4,329

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                   47 bbl  × $106.41 =     $5,001
Casinghead gas       213 Mcf  × $  3.05 =       $649

────────────────────────────────────────────────────
Month total                                   $5,650

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/57886 is the state's own key, not one this site invented.