STONEGATE 152

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 55000District 08Field 49129858OilCasinghead gasSaveExport
Value, all time
$12.9 M
Feb 2020 – May 2026
Value, last 12 filed months
$653 k
at the published price for each month
Months reported
76
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
OilDisposition188,938 bbl$12,205,605
Casinghead gasProduction195,010 Mcf$663,452
Total$12,869,058

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 31.8171, -102.9962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81711, -102.99622 · 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
8,007 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 8,007 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-495343462H8,007 ftFeb 2020

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 (76)

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

76 months

May 20266302,439106.413.05$74,467
Apr 20261,0151,59398.932.87$104,985
Mar 20268211,40389.753.15$78,103
Feb 20266421,76763.503.75$47,394
Jan 20264684959.138.00$9,510
Dec 202501,00156.664.41$4,418
Nov 20253871,49058.593.93$28,525
Oct 20257161,87859.383.30$48,723
Sep 20257081,04262.743.08$47,626
Aug 20259902,75563.933.01$71,596
Jul 20258702,73266.743.32$67,121
Jun 20259402,65066.483.13$70,782
May 20251,0002,77960.553.23$69,533
Apr 20251,0142,81062.363.54$73,189
Mar 20259593,35967.704.27$79,262
Feb 20251,3022,61070.884.34$103,615
Jan 20251,2193,29374.324.28$104,686
Dec 20241,1953,45668.993.12$93,231
Nov 20245643,25369.052.20$46,096
Oct 20248753,04871.372.28$69,402
Sep 20241,4823,95069.612.36$112,501
Aug 20241,4494,25375.632.06$118,364
Jul 20241,5093,97379.932.15$129,143
Jun 20249333,48978.082.63$82,039
May 20241,4133,85978.812.20$119,842
Apr 20249393,72384.451.66$85,476
Mar 20241,4184,29980.301.55$120,508
Feb 20241,7734,13576.091.78$142,283
Jan 20241,5764,32173.023.30$129,329
Dec 20231,5843,75671.262.61$122,682
Nov 20231,2413,14377.892.81$105,486
Oct 20231,9392,13285.443.09$172,250
Sep 202341066389.042.74$38,320
Aug 20231,6953,98880.522.67$147,141
Jul 20231,4383,67174.852.64$117,332
Jun 20231,5513,80868.962.26$115,557
May 20231,9033,93970.622.23$143,164
Apr 20231,5753,68778.122.24$131,290
Mar 20232,0694,12472.852.39$160,596
Feb 20232,1803,69275.112.47$172,843
Jan 20231,7124,35576.533.39$145,773
Dec 20222,2124,54076.415.73$195,029
Nov 20222,4434,28385.005.65$231,838
Oct 20222,1334,00087.185.86$209,410
Sep 20222,2792,26784.888.16$211,949
Aug 20222,1672,29194.529.13$225,735
Jul 20222,3952,450101.587.54$261,762
Jun 20222,513216115.097.98$290,944
May 20223,1223,911109.378.43$374,435
Apr 20222,8273,679104.226.84$319,785
Mar 20223,1520108.885.08$343,190
Feb 20223,450091.054.86$314,123
Jan 20223,450081.844.54$282,348
Dec 20214,088071.323.90$291,556
Nov 20213,345077.435.24$259,003
Oct 20214,175079.795.71$333,123
Sep 20214,074069.865.35$284,610
Aug 20214,573066.024.22$301,909
Jul 20215,1185,90970.783.98$385,782
Jun 20215,0494,10369.493.38$364,726
May 20215,0851,75863.483.02$328,101
Apr 20215,1373,12460.362.76$318,687
Mar 20214,0421,39461.302.72$251,562
Feb 20213,3572,40157.805.55$207,355
Jan 20215,6722,76450.412.81$293,693
Dec 20206,8561,73444.642.68$310,691
Nov 20207,7115,73538.772.71$314,478
Oct 20206,56991236.972.48$245,116
Sep 20207,2483,96237.091.99$276,717
Aug 20207,8634,35939.982.39$324,759
Jul 20207,4102,95938.371.83$289,722
Jun 20204,0691,40534.901.69$144,383
May 20205399816.921.81$9,298
Apr 20203,69154914.751.80$55,433
Mar 20203,07192630.341.86$94,893
Feb 202037111449.881.98$18,731

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                  630 bbl  × $106.41 =    $67,038
Casinghead gas     2,439 Mcf  × $  3.05 =     $7,429

────────────────────────────────────────────────────
Month total                                  $74,467

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/55000 is the state's own key, not one this site invented.