STILES 16

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

Gas lease lease 139846District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jan 1993 – Feb 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
350
no gaps in the span
Streams
2
condensate, 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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-01-04129572
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition17,759 bbl$659,421
GasProduction614,692 Mcf$2,822,695
Total$3,482,117

160,998 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.4629, -100.0808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46293, -100.08083 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
16,767 ft
1 wells filed one
Completion to plug
17.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 16,767 ft.

Completions filed
Jan 2005
1 of 1 wells
Plug dates filed
Feb 2022
1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48330617501616,767 ftJan 2005Feb 2022Yes

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 (350)

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

350 months

Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201675041.442.92$3,108
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150249.822.71$5
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20153043.433.10$130
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013444891.824.35$4,249
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201311104.253.52$108
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20111895383.623.99$16,015
Aug 2011019483.404.15$805
Jul 2011013994.144.52$628
Jun 2011047492.904.64$2,199
May 2011015198.134.40$665
Apr 20110270105.964.33$1,170
Mar 2011032796.364.06$1,327
Feb 201114124285.644.18$13,087
Jan 20113759586.504.59$5,931
Dec 201001,06985.734.35$4,648
Nov 201018077480.843.80$17,489
Oct 201001,56878.103.51$5,502
Sep 2010084672.633.98$3,367
Aug 2010054673.684.42$2,413
Jul 201001,07472.554.74$5,087
Jun 20101541,12170.364.91$16,340
May 2010088171.124.24$3,731
Apr 201001,14581.694.12$4,720
Mar 20101801,33378.394.39$19,960
Feb 201001,99573.585.44$10,858
Jan 201001,07174.365.96$6,388
Dec 200901,97171.445.48$10,808
Nov 20091794,19874.593.75$29,100
Oct 200902,76372.544.11$11,357
Sep 200903,31465.543.06$10,157
Aug 20091702,79867.423.22$20,467
Jul 200902,72661.133.46$9,444
Jun 20091782,43966.163.90$21,276
May 200902,75154.743.93$10,800
Apr 200902,69746.773.59$9,675
Mar 200902,36842.144.06$9,612
Feb 20091762,82032.814.63$18,840
Jan 200901,18935.865.37$6,386
Dec 20081773,59637.105.98$28,061
Nov 200802,13055.496.86$14,613
Oct 200804,38575.246.92$30,353
Sep 200802,885101.767.88$22,725
Aug 20081724,017114.228.48$53,722
Jul 20081763,085131.0811.39$58,206
Jun 200803,192131.3313.03$41,600
May 200801,685123.1711.57$19,503
Apr 20081693,776110.3110.45$58,120
Mar 200801,787101.909.66$17,270
Feb 200802,64092.538.77$23,154
Jan 200801,86890.388.21$15,328
Dec 200703,69488.337.30$26,973
Nov 200703,35691.677.29$24,471
Oct 200703,56982.856.92$24,705
Sep 20071813,46475.846.24$35,357
Aug 200703,83769.066.39$24,511
Jul 200703,69770.906.39$23,616
Jun 200704,18262.007.55$31,568
May 20071572,73458.747.85$30,674
Apr 200701,80659.617.81$14,096
Mar 200702,88656.927.30$21,073
Feb 200702,64155.108.22$21,698
Jan 200702,16050.306.73$14,530
Dec 200602,38156.656.92$16,473
Nov 20061684,61454.207.62$44,253
Oct 200605,62054.906.01$33,798
Sep 20061765,93960.085.04$40,490
Aug 200606,16068.717.34$45,214
Jul 200607,06069.376.34$44,780
Jun 20063356,96666.286.38$66,674
May 200607,46166.016.42$47,937
Apr 20061807,14364.397.36$64,166
Mar 20061849,66556.707.08$78,889
Feb 200606,40557.597.75$49,646
Jan 20061695,02360.598.93$55,112
Dec 20051965,85554.9413.42$89,315
Nov 20051768,08754.6910.59$95,254
Oct 20051837,15458.3413.80$109,371
Sep 20051868,08561.4512.08$109,088
Aug 20053409,49061.519.80$113,885
Jul 2005010,69855.697.84$83,911
Jun 200517611,15052.337.38$91,509
May 200535212,09545.226.65$96,363
Apr 200536414,15749.207.36$122,111
Mar 200555015,93550.377.15$141,717
Feb 200554519,03645.226.31$144,799
Jan 200536016,52943.166.32$120,037
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004022049.706.52$1,433
Sep 2004043943.245.28$2,320
Aug 200435143042.375.55$17,259
Jul 2004043738.286.08$2,659
Jun 2004046236.106.43$2,972
May 2004049837.486.49$3,234
Apr 2004050434.475.86$2,953
Mar 2004057834.365.53$3,196
Feb 2004056732.455.51$3,124
Jan 2004063432.036.30$3,994
Dec 2003060130.266.30$3,787
Nov 2003058728.804.60$2,697
Oct 200321660128.174.76$8,945
Sep 2003060826.314.75$2,888
Aug 2003054629.765.13$2,801
Jul 2003065929.415.17$3,408
Jun 2003086728.565.98$5,187
May 2003099326.595.97$5,931
Apr 2003087826.675.41$4,748
Mar 2003082831.146.10$5,048
Feb 2003068433.487.93$5,421
Jan 200318190730.315.58$10,549
Dec 2002086626.914.85$4,203
Nov 2002081824.664.14$3,384
Oct 200201,11326.464.23$4,707
Sep 200201,89527.443.64$6,889
Aug 200201,80825.963.16$5,721
Jul 200218017024.583.06$4,945
Jun 2002092123.733.34$3,075
May 200201,87424.663.58$6,716
Apr 20021912,50223.653.51$13,305
Mar 2002051822.003.10$1,607
Feb 2002076918.222.38$1,827
Jan 2002083917.172.38$1,993
Dec 2001092416.932.36$2,185
Nov 200118374418.072.41$5,097
Oct 2001087319.782.53$2,208
Sep 200101,06724.262.25$2,402
Aug 2001092924.873.05$2,836
Jul 2001096223.933.20$3,076
Jun 2001074524.563.82$2,849
May 2001095525.524.31$4,113
Apr 2001088224.685.34$4,706
Mar 200101,01124.545.38$5,436
Feb 2001071527.755.77$4,123
Jan 2001071527.478.40$6,005
Dec 200018889426.889.12$13,209
Nov 2000078732.215.66$4,453
Oct 2000084331.235.15$4,338
Sep 2000091631.875.19$4,751
Aug 2000064929.644.54$2,947
Jul 2000091828.534.09$3,754
Jun 20001791,02229.304.40$9,739
May 2000083627.263.68$3,076
Apr 2000087324.513.12$2,720
Mar 2000097328.422.86$2,783
Feb 200026580527.622.73$9,514
Jan 200001,02225.272.48$2,535
Dec 199901,04824.282.42$2,540
Nov 19991931,06223.192.43$7,061
Oct 1999099220.982.80$2,781
Sep 199901,19321.752.62$3,124
Aug 1999361,47019.262.88$4,920
Jul 199901,22217.892.37$2,899
Jun 19991891,10515.942.36$5,623
May 199901,41715.792.32$3,289
Apr 199901,35415.102.21$2,990
Mar 19991861,75512.471.84$5,546
Feb 199901,3909.981.82$2,527
Jan 199901,12110.381.90$2,130
Dec 199801,4559.201.77$2,580
Nov 199801,55210.892.19$3,392
Oct 19981951,61812.421.97$5,608
Sep 199802,00012.592.08$4,165
Aug 19981952,45211.301.91$6,880
Jul 199802,43111.742.24$5,439
Jun 199801,78511.242.24$3,994
May 19981972,09512.622.21$7,108
Apr 199801,99613.042.51$5,001
Mar 199801,80812.802.31$4,175
Feb 19982001,82813.952.30$6,993
Jan 199822,06114.702.15$4,470
Dec 19971631,75916.322.41$6,901
Nov 199701,99918.193.09$6,173
Oct 19971942,21819.253.15$10,721
Sep 1997102,79617.742.95$8,439
Aug 199702,77417.862.55$7,087
Jul 19971862,77017.582.25$9,494
Jun 199703,80817.242.26$8,595
May 19971893,98918.972.31$12,794
Apr 19971982,73217.882.08$9,230
Mar 1997283,18018.951.94$6,697
Feb 19971992,22120.492.21$8,977
Jan 199702,82423.483.54$9,996
Dec 19962052,26223.32$4,781
Nov 199603,05721.97$0
Oct 19962033,87823.31$4,732
Sep 199603,24422.22$0
Aug 19961983,60620.26$4,011
Jul 19961953,19919.55$3,812
Jun 199605,10818.73$0
May 199604,33919.43$0
Apr 19963723,24721.51$8,002
Mar 199603,19719.38$0
Feb 199601,73816.98$0
Jan 19961991,46117.07$3,397
Dec 199501,41517.19$0
Nov 199502,08416.00$0
Oct 199502,29215.43$0
Sep 19951962,12316.18$3,171
Aug 199502,67115.92$0
Jul 199503,12315.24$0
Jun 19951933,61316.41$3,167
May 19951932,09717.56$3,389
Apr 199502,32017.73$0
Mar 199502,02516.44$0
Feb 19951862,95316.58$3,084
Jan 19951882,48015.92$2,993
Dec 199402,29315.03$0
Nov 19941882,82415.90$2,989
Oct 199403,21715.58$0
Sep 19941873,42215.29$2,859
Aug 19941903,89216.13$3,065
Jul 19941944,24217.56$3,407
Jun 19941844,63717.09$3,145
May 19941865,33915.88$2,954
Apr 19941902,23914.14$2,687
Mar 199402,46112.46$0
Feb 19941922,53712.50$2,400
Jan 199403,11912.66$0
Dec 19931822,89012.33$2,244
Nov 19931923,18414.49$2,782
Oct 199302,81115.85$0
Sep 19931893,21015.03$2,841
Aug 19931952,81815.66$3,054
Jul 19931913,57115.46$2,953
Jun 199304,00816.79$0
May 19931894,46017.68$3,342
Apr 19931854,86618.05$3,339
Mar 19931955,82018.14$3,537
Feb 19933456,78717.90$6,176
Jan 19931848,81916.93$3,115

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.

Aug 2016 — as filed, then multipliedworked
Condensate            75 bbl  × $ 41.44 =     $3,108
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $3,108

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. 10/G/139846 is the state's own key, not one this site invented.