LEASES · O-10-49194 · OIL · DISTRICT 08

Dunes

Reporting

Formentera Operations LLC · Winkler County · Keystone (Wolfcamp) field

Dunes is an RRC oil lease (O-10-49194) in Winkler County operated by Formentera Operations LLC, with 2 wells completed on it.

It has reported 389K barrels of oil and 314K mcf of gas since September 2017, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 17K barrels of oil, down 19% on the year before; the lease peaked at 13.6K barrels in June 2018.

3 operators have filed production on it, most recently Formentera Operations LLC since May 2024.

389K
bbl oil, all reported
314K
mcf gas incl. casinghead
17K
bbl oil, last 12 reported
-19%
vs the 12 before
2
wells completed on it
13.6K
peak month, bbl (Jun 2018)

PDQ LEASE REPORTS · FIRST SEP 2017 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 17,023 · prior 12 20,959(-19%)

05K10K15K201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 10,536 · prior 12 8,024(+31%)

05K10K15K201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps hyperbolic curve fitted to the 95 reporting months of oil since the peak in Jun 2018. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.

56%
first-year decline from the peak (nominal Di 138%)
1.2
b factor (hyperbolic)
0.92
fit R²
312K
bbl remaining on the curve, to 1 per month

Oil, barrels reported months since the peak, with the fitted curve and its projection

Last 12 months 17,023 · prior 12 20,959(-19%)

05K10K15K2019202020212022202320242025202620272028

Fitted hyperbolic curve from the Jun 2018 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month1,2881,2301,1791,131

Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Boyd & McWilliams Operating, LLCSep 2017 → Jul 2021 · 47 mo
  2. Saddleback Exploration, LLCAug 2021 → Apr 2024 · 33 mo
  3. Formentera Operations LLCMay 2024 → Jul 2026 · 27 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

2

wells completed on the lease

Producing
2

Operates them now

Newest permits

All 2 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

Developers: this page as JSON is GET /v1/data/leases/tx/o-10-49194, documented in the API reference.