Rust 24

Oil & Gas Property in Winkler County, TX

  2. Texas
  3. Winkler County, TX
  4. Oil & Gas Properties in Winkler County, TX
  5. Rust 24 Oil & Gas Property

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Property Summary

Key data points for Rust 24

CountyWinkler County, TX
OperatorFORMENTERA OPERATIONS LLC
Production DatesSep 2019 - Jun 2025
Total Oil Production390,811 BBLs
Total Gas Production1,159,564 MCF
Recent Oil Production3,911 BBLs in May 2025
Recent Gas Production15,365 MCF in May 2025
Wells on Property3

Our Valuation Estimates for Rust 24

ShaleAssessment™

Not Available

MarketMultiple™

$535,945 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Rust 24 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rust 24
from Sep 2019 to Jun 2025

Wells on Rust 24

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-495-34261RUST 24 1HFORMENTERA OPERATIONS LLCProducingWinkler County, TX31.884389-103.005142
42-495-34372RUST 24 5HFORMENTERA OPERATIONS LLCInjectionWinkler County, TX31.883335-103.008788
42-495-34391RUST 24 2HFORMENTERA OPERATIONS LLCProducingWinkler County, TX31.885779-102.999172

Leases included in Rust 24

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-54343RUST 24FORMENTERA OPERATIONS LLCWinkler County, TX
08-54505RUST 24FORMENTERA OPERATIONS LLCWinkler County, TX

Nearby Properties

These are the closest 20 properties to the Rust 24 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AllyWinkler County, TX11,752 BBLs31,541 MCFJun 2025
CampbellWinkler County, TX12,041 BBLs63,900 MCFJun 2025
CampbellWinkler County, TX27 BBLs0 MCFJun 2025
Coachwhip 25Winkler County, TX3,095 BBLs7,962 MCFJun 2025
CochiseWinkler County, TX26 BBLs3,229 MCFJun 2025
ErnestWinkler County, TX0 BBLs0 MCFApr 2019
FernandesWinkler County, TX1,477 BBLs17,164 MCFJun 2025
Fernandes RanchWinkler County, TX0 BBLs0 MCFMar 2020
Keystone Cattle CoWinkler County, TX3,253 BBLs10,205 MCFJun 2025
Keystone FernandesWinkler County, TX96 BBLs330 MCFJun 2025
Keystone Silurian UnitWinkler County, TX442 BBLs3,273 MCFJun 2025
McCutchenWinkler County, TX0 BBLs81 MCFJun 2025
PrimeroWinkler County, TX755 BBLs29,434 MCFJun 2025
Seth CampbellWinkler County, TX466 BBLs4,220 MCFJun 2025
StonegateWinkler County, TX4,597 BBLs8,999 MCFJun 2025
Tater TotWinkler County, TX15,074 BBLs8,651 MCFJun 2025
TerceroWinkler County, TX2,186 BBLs2,590 MCFJun 2025
WaddellWinkler County, TX143 BBLs0 MCFJun 2025
WaltonWinkler County, TX36 BBLs0 MCFJun 2025
WhitingWinkler County, TX23,157 BBLs46,322 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Rust 24 property.

Company Name
Alta Energy Corporation
Basin Oil & Gas Operating LLC
Bass Enterprises Production Co
Carlow Corp.
Chevron USA Inc
Crownquest Operating, LLC
Devon Energy Production Company LP
Formentera Operations LLC
Gruy Petroleum Management Co.
Kaiser-Francis Oil Company
Killer Rabbit Fields LLC
Maralo, Inc.
McShane, J. Inc.
Mineral Technologies, Inc.
Parker & Parsley Development L.P
Pennzoil Exploration & Production Co.
Q Natural Resources, LLC
Rust Oil Corp.
Wood, McShane & Thams
WTG Exploration

Frac'ing activity on Rust 24

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-495-34372Rust 24 #1H
42-495-34372Rust 24 #5H
42-495-34391Rust 24 #2H
42-495-34391Rust 24 2H

Owners of Rust 24

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025FORMENTERA OPERATING LLCRUST 24 1HFORMENTERA OPER LLC
2025J WALTON OIL & GAS LPRUST 24 1HFORMENTERA OPER LLC
2025BURLINGTON RES O&G CO LPRUST 24 1HFORMENTERA OPER LLC
2025SANDHILLS-WADDELL LTDRUST 24 1HFORMENTERA OPER LLC
2025STOKES JERRYRUST 24 1HFORMENTERA OPER LLC
2025CARTER AMON G FOUNDATIONRUST 24 1HFORMENTERA OPER LLC
2025HIGHWAY 302 LLCRUST 24 1HFORMENTERA OPER LLC
2025CIRCLE 2-WADDELL LLCRUST 24 1HFORMENTERA OPER LLC
Displaying 8 of 58 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Rust 24

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-54505RUST 24Apr 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Mar 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Mar 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Feb 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Feb 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Jan 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jan 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Dec 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Dec 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Nov 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Nov 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Oct 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Oct 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Sep 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Sep 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Aug 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Aug 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jul 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jul 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Jun 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jun 2024ET GATHERING & PROCESSING LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jun 2024DCP OPERATING COMPANY, LPSADDLEBACK EXPLORATION, LLC
08-54505RUST 24May 2024ET GATHERING & PROCESSING LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24May 2024DCP OPERATING COMPANY, LPSADDLEBACK EXPLORATION, LLC
08-54505RUST 24May 2024GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC