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 - Mar 2026
Total Oil Production423,229 BBLs
Total Gas Production1,281,510 MCF
Recent Oil Production3,424 BBLs in Feb 2026
Recent Gas Production11,901 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for Rust 24

ShaleAssessment™

Not Available

MarketMultiple™

$462,274 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Rust 24
from Sep 2019 to Mar 2026

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, TX10,461 BBLs23,089 MCFMar 2026
B.F. Kennedy 23Winkler County, TX5,114 BBLs8,966 MCFMar 2026
CampbellWinkler County, TX9,590 BBLs33,111 MCFMar 2026
CampbellWinkler County, TX13 BBLs0 MCFMar 2026
Coachwhip 25Winkler County, TX1,831 BBLs3,672 MCFMar 2026
CochiseWinkler County, TX32 BBLs6,457 MCFMar 2026
ErnestWinkler County, TX0 BBLs0 MCFApr 2019
FernandesWinkler County, TX1,113 BBLs16,286 MCFMar 2026
Fernandes RanchWinkler County, TX0 BBLs0 MCFMar 2020
Keystone Cattle CoWinkler County, TX2,749 BBLs9,390 MCFMar 2026
Keystone FernandesWinkler County, TX73 BBLs220 MCFMar 2026
Keystone Silurian UnitWinkler County, TX258 BBLs933 MCFMar 2026
McCutchenWinkler County, TX0 BBLs0 MCFJul 2025
PrimeroWinkler County, TX363 BBLs24,363 MCFMar 2026
Seth CampbellWinkler County, TX25 BBLs166 MCFFeb 2026
Tater TotWinkler County, TX11,597 BBLs4,886 MCFMar 2026
TerceroWinkler County, TX1,312 BBLs3,380 MCFMar 2026
WaddellWinkler County, TX91 BBLs0 MCFMar 2026
WaltonWinkler County, TX72 BBLs0 MCFMar 2026
WhitingWinkler County, TX19,292 BBLs25,865 MCFMar 2026

Companies in the Area

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

Company Name
Basin Oil & Gas Operating, LLC
Bopco, L.P.
Boyd & McWilliams Operating, LLC
Carlow Corp.
Crownquest Operating, LLC
Devon Energy Production Company, L.P.
Formentera Operations LLC
Gruy Petroleum Management Co.
Kaiser-Francis Oil Company
Killer Rabbit Fields LLC
Maralo, Inc.
Meridian Oil Inc.
Mineral Technologies, Inc.
Parker & Parsley Development L.P
Pennzoil Exploration & Production Co.
Q Natural Resources, LLC
Rust Oil Corp.
Whiting Oil And Gas Corporation
WTG Exploration
XTO Energy Inc.

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 24Mar 2026GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Feb 2026GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jan 2026GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Dec 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Nov 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Nov 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Oct 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Oct 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Sep 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Sep 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Aug 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Aug 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Jul 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jul 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24Jun 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Jun 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24May 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-54505RUST 24May 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Apr 2025GIBSON ENERGY MARKETING, LLCSADDLEBACK EXPLORATION, LLC
08-54505RUST 24Apr 2025ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS 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