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STONEGATE 15

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 52784District 08Field 49129858OilCasinghead gasSaveExport
Value, all time
$20.0 M
Jul 2018 – May 2026
Value, last 12 filed months
$737 k
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead gas

The KEYSTONE (WOLFCAMP) field

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
OilDisposition334,311 bbl$19,310,105
Casinghead gasProduction230,980 Mcf$739,438
Total$20,049,543

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 31.8192, -102.9883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81915, -102.98827 · 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
8,020 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 8,020 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-495338511H8,020 ftJul 2018——

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 (95)

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

95 months

May 2026517850106.413.05$57,603
Apr 202679477598.932.87$80,774
Mar 202660076989.753.15$56,272
Feb 202694078563.503.75$62,634
Jan 202653571959.138.00$37,385
Dec 20257541,12756.664.41$47,696
Nov 202587077458.593.93$54,012
Oct 202598597159.383.30$61,698
Sep 20259901,01562.743.08$65,236
Aug 20258312,49363.933.01$60,642
Jul 20251,1172,21366.743.32$81,885
Jun 20259821,76266.483.13$70,796
May 20251,1221,77960.553.23$73,687
Apr 20259701,62462.363.54$66,243
Mar 20251,1172,26367.704.27$85,280
Feb 20258481,41470.884.34$66,244
Jan 20255802,23474.324.28$52,664
Dec 20248672,00868.993.12$66,082
Nov 20245461,94169.052.20$41,968
Oct 20249891,62371.372.28$74,288
Sep 20246141,39969.612.36$46,048
Aug 20241,0081,83475.632.06$80,020
Jul 20241,2121,73879.932.15$100,606
Jun 20241,2521,82678.082.63$102,566
May 20241,0861,86378.812.20$89,683
Apr 20241,0891,22484.451.66$93,997
Mar 20241,1302,41180.301.55$94,464
Feb 20241,6681,87876.091.78$130,268
Jan 20241,0031,51873.023.30$78,245
Dec 20231,1801,21271.262.61$87,251
Nov 20231,45444677.892.81$114,504
Oct 20231,3772,54585.443.09$125,508
Sep 202342167789.042.74$39,337
Aug 20231,6233,07380.522.67$138,898
Jul 20231,6871,97674.852.64$131,492
Jun 20231,1723,15168.962.26$87,938
May 20232,0033,51070.622.23$149,270
Apr 20231,8203,14178.122.24$149,207
Mar 20231,7763,24872.852.39$137,155
Feb 20231,5962,59575.112.47$126,274
Jan 20231,8702,84176.533.39$152,736
Dec 20222,3102,92076.415.73$193,236
Nov 20221,6652,82385.005.65$157,464
Oct 20221,9362,87687.185.86$185,645
Sep 20222,0912,73784.888.16$199,828
Aug 20222,0622,45794.529.13$217,326
Jul 20222,4061,743101.587.54$257,547
Jun 20221,614135115.097.98$186,832
May 20222,3512,779109.378.43$280,564
Apr 20221,7502,721104.226.84$200,990
Mar 20222,1460108.885.08$233,656
Feb 2022821091.054.86$74,752
Jan 2022821081.844.54$67,191
Dec 20211,281071.323.90$91,361
Nov 20212,268077.435.24$175,611
Oct 20212,511079.795.71$200,353
Sep 20212,673069.865.35$186,736
Aug 20212,694066.024.22$177,858
Jul 20212,5563,43370.783.98$194,584
Jun 20212,8184,53869.493.38$211,164
May 20212,8841,86163.483.02$188,692
Apr 20213,3283,77860.362.76$211,299
Mar 20213,6383,67861.302.72$233,002
Feb 20212,6413,62757.805.55$172,772
Jan 20212,5632,95750.412.81$137,511
Dec 20204,0611,21344.642.68$184,528
Nov 20202,7674,92638.772.71$120,609
Oct 20203,5774236.972.48$132,346
Sep 20203,8654,84037.091.99$152,989
Aug 20204,1094,06439.982.39$173,971
Jul 20204,5502,79538.371.83$179,685
Jun 20205,9645,31934.901.69$217,134
May 20205,1111,94116.921.81$90,001
Apr 20206,8281,65514.751.80$103,699
Mar 20209,3248,00630.341.86$297,751
Feb 20205,9164,33349.881.98$303,672
Jan 20207,367057.252.09$421,761
Dec 20198,1301,87259.012.30$484,065
Nov 20198,704055.302.75$481,331
Oct 20197,8983,91353.472.42$431,770
Sep 20197,6109,61955.052.66$444,491
Aug 20192,4091,04253.112.30$130,343
Jul 20198,5204,18856.272.46$489,723
Jun 20195,9053,88152.782.49$321,334
May 201910,0246,99458.482.74$605,369
Apr 201910,9054,53562.632.75$695,455
Mar 201912,3466,72456.803.06$721,842
Feb 201912,2057,23150.852.79$640,815
Jan 201913,5345,49546.033.23$640,709
Dec 201813,9602,42946.594.19$660,563
Nov 201814,3004,26852.934.24$774,984
Oct 201813,0404,86161.443.40$817,696
Sep 201810,9542,42359.543.11$659,732
Aug 20188,9872,71759.403.07$542,160
Jul 20182,6181,34665.142.93$174,483

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                  517 bbl  × $106.41 =    $55,014
Casinghead gas       850 Mcf  × $  3.05 =     $2,589

────────────────────────────────────────────────────
Month total                                  $57,603

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/52784 is the state's own key, not one this site invented.