STONEGATE 14

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the KEYSTONE (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49281District 08Field 49129858OilCasinghead gasSaveExport
Value, all time
$10.2 M
May 2017 – May 2026
Value, last 12 filed months
$613 k
at the published price for each month
Months reported
109
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 38 leases and 68 wells, and the rule below applies to all of them.

Discovered
1966-11-16
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 2025-03-26.

The Commission's schedule remark for this field reads: & SWR13(B)(4)(A).

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
OilDisposition149,665 bbl$9,323,871
Casinghead gasProduction213,564 Mcf$895,223
Total$10,219,094

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 31.8302, -102.9864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83020, -102.98638 · 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
7,971 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 7,971 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-495337761H7,971 ftMay 2017

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 (109)

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

109 months

May 20266590106.413.05$70,124
Apr 202684656298.932.87$85,308
Mar 202642455089.753.15$39,786
Feb 202693669763.503.75$62,050
Jan 202653275859.138.00$37,520
Dec 202578149456.664.41$46,432
Nov 202542848658.593.93$26,985
Oct 202581360859.383.30$50,285
Sep 202568242862.743.08$44,106
Aug 202585591163.933.01$57,407
Jul 202559493666.743.32$42,747
Jun 202571182866.483.13$49,858
May 202581275860.553.23$51,617
Apr 202555568062.363.54$37,019
Mar 202541375867.704.27$31,195
Feb 202565457870.884.34$48,865
Jan 202578845874.324.28$60,524
Dec 202461771068.993.12$44,783
Nov 202461361669.052.20$43,682
Oct 202494068371.372.28$68,646
Sep 202435857369.612.36$26,275
Aug 202467791975.632.06$53,098
Jul 202475083279.932.15$61,733
Jun 202482391378.082.63$66,665
May 202473775978.812.20$59,752
Apr 202458268384.451.66$50,283
Mar 20241,03998580.301.55$84,954
Feb 20241,01976776.091.78$78,904
Jan 20248811,02973.023.30$67,724
Dec 20231,0221,05771.262.61$75,587
Nov 202391786677.892.81$73,856
Oct 20231,1441,15885.443.09$101,318
Sep 202386767289.042.74$79,036
Aug 202374523780.522.67$60,621
Jul 202397055874.852.64$74,079
Jun 202395321868.962.26$66,211
May 20231,26034470.622.23$89,747
Apr 202360729078.122.24$48,068
Mar 202395030572.852.39$69,937
Feb 202355133575.112.47$42,212
Jan 202355468876.533.39$44,728
Dec 202294453176.415.73$75,173
Nov 202272157585.005.65$64,532
Oct 202279259187.185.86$72,512
Sep 202280652484.888.16$72,691
Aug 202261150794.529.13$62,379
Jul 2022907264101.587.54$94,124
Jun 202269015115.097.98$79,532
May 2022953480109.378.43$108,277
Apr 2022849502104.226.84$91,915
Mar 202266535,292108.885.08$251,562
Feb 20221,00217,75391.054.86$177,491
Jan 20221,00217,75381.844.54$162,561
Dec 20211,07722,66571.323.90$165,185
Nov 2021731077.435.24$56,601
Oct 202168125,85079.795.71$202,041
Sep 2021907069.865.35$63,363
Aug 20211,100066.024.22$72,622
Jul 20211,10799970.783.98$82,332
Jun 202185250469.493.38$60,909
May 20211,05221263.483.02$67,421
Apr 20211,11953560.362.76$69,019
Mar 20211,47551361.302.72$91,811
Feb 202132034957.805.55$20,432
Jan 20211,27836650.412.81$65,453
Dec 20201,24721644.642.68$56,244
Nov 202091746938.772.71$36,821
Oct 20208021536.972.48$29,687
Sep 202096530037.091.99$36,389
Aug 202001139.982.39$26
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020153016.921.81$2,589
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020170057.252.09$9,733
Dec 20195328759.012.30$31,594
Nov 2019558055.302.75$30,857
Oct 201991025353.472.42$49,270
Sep 201989671555.052.66$51,225
Aug 20191,26866953.112.30$68,885
Jul 20191,07475156.272.46$62,281
Jun 20191,6481,26952.782.49$90,143
May 20191,8301,26958.482.74$110,496
Apr 20192,0091,42262.632.75$129,735
Mar 20192,6852,18356.803.06$159,193
Feb 20192,9421,91950.852.79$154,959
Jan 20193,6506,42746.033.23$188,757
Dec 20184,0987,01846.594.19$220,299
Nov 20183,6742,28352.934.24$204,138
Oct 20184,4182,35561.443.40$279,444
Sep 20182,6531,34159.543.11$162,127
Aug 20184,0633,10859.403.07$250,873
Jul 20182,8082,20165.142.93$189,366
Jun 20182,4921,99760.183.08$156,113
May 20181,6031,07665.382.90$107,925
Apr 20182,4772,20163.842.90$164,516
Mar 20184,2933,44161.222.79$272,407
Feb 20186,2074,25361.782.77$395,233
Jan 20185,7033,36862.874.01$372,051
Dec 20175,1662,84657.272.92$304,171
Nov 20173,5642,71255.423.12$205,974
Oct 20177,1491,92249.292.98$358,109
Sep 20177,434047.523.09$353,264
Aug 20173,510045.373.00$159,249
Jul 20171,397043.873.09$61,286
Jun 20170042.493.09$0
May 20170045.373.26$0

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                  659 bbl  × $106.41 =    $70,124
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $70,124

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/49281 is the state's own key, not one this site invented.