STILES 18

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 169349District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Apr 1998 – Feb 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
287
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 Gas112006-02-28167380
NGPA2none

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
CondensateDisposition8,147 bbl$452,792
GasProduction302,284 Mcf$1,876,898
Total$2,329,690

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 35.4699, -100.0541. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46985, -100.05413 · 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
17,400 ft
1 wells filed one
Completion to plug
16.4 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 17,400 ft.

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

Last completion to plug: a median of 16.4 years across the 1 well that filed both dates, with the middle half between 16.4 years and 16.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48330602401817,400 ftSep 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 (287)

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

287 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 20160041.442.92$0
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 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
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 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
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 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010226085.734.35$19,375
Nov 20100080.843.80$0
Oct 201007378.103.51$256
Sep 201001,63572.633.98$6,506
Aug 20101752,18773.684.42$22,559
Jul 20101752,12072.554.74$22,738
Jun 201002,21970.364.91$10,896
May 201002,12971.124.24$9,017
Apr 20101862,17981.694.12$24,178
Mar 201002,06078.394.39$9,041
Feb 201001,79273.585.44$9,753
Jan 20101881,79174.365.96$24,661
Dec 200901,71271.445.48$9,388
Nov 20091801,78474.593.75$20,119
Oct 200902,12372.544.11$8,726
Sep 200902,08065.543.06$6,375
Aug 20091792,36767.423.22$19,686
Jul 200902,12161.133.46$7,348
Jun 200902,21566.163.90$8,627
May 20091772,66554.743.93$20,151
Apr 200902,82146.773.59$10,120
Mar 20091832,90542.144.06$19,503
Feb 20093522,03932.814.63$20,996
Jan 200902,38735.865.37$12,821
Dec 200801,76537.105.98$10,550
Nov 20081822,92755.496.86$30,179
Oct 200804,06875.246.92$28,159
Sep 200802,076101.767.88$16,353
Aug 20081762,239114.228.48$39,096
Jul 200803,233131.0811.39$36,822
Jun 200802,869131.3313.03$37,391
May 200804,128123.1711.57$47,779
Apr 200805,063110.3110.45$52,933
Mar 20081803,669101.909.66$53,799
Feb 200803,29092.538.77$28,855
Jan 200804,90590.388.21$40,249
Dec 2007088088.337.30$6,426
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007189062.007.55$11,718
May 20071642,11158.747.85$26,197
Apr 200702,95259.617.81$23,041
Mar 200702,90056.927.30$21,176
Feb 200702,29155.108.22$18,823
Jan 200702,48850.306.73$16,736
Dec 20061852,76956.656.92$29,637
Nov 200603,40354.207.62$25,922
Oct 20061663,37154.906.01$29,386
Sep 200603,26960.085.04$16,467
Aug 20061794,75768.717.34$47,215
Jul 20061774,01669.376.34$37,751
Jun 20061813,52066.286.38$34,468
May 200603,39066.016.42$21,781
Apr 20061783,60764.397.36$38,011
Mar 20061744,12756.707.08$39,097
Feb 20063684,80057.597.75$58,399
Jan 20061785,96460.598.93$64,063
Dec 20051856,13454.9413.42$92,454
Nov 20053717,98554.6910.59$104,838
Oct 200573010,93358.3413.80$193,417
Sep 20051804,07061.4512.08$60,223
Aug 2005048661.519.80$4,761
Jul 200501,32255.697.84$10,369
Jun 20051811,32152.337.38$19,222
May 200501,34145.226.65$8,919
Apr 200501,21649.207.36$8,950
Mar 200501,11650.377.15$7,985
Feb 2005092845.226.31$5,857
Jan 200501,32043.166.32$8,345
Dec 200401,35239.866.75$9,127
Nov 200401,25145.286.33$7,919
Oct 20041721,37749.706.52$17,520
Sep 200401,03943.245.28$5,490
Aug 2004076242.375.55$4,230
Jul 2004082138.286.08$4,995
Jun 2004069036.106.43$4,439
May 2004051937.486.49$3,371
Apr 2004091734.475.86$5,372
Mar 2004088434.365.53$4,889
Feb 2004085232.455.51$4,694
Jan 200401,02032.036.30$6,426
Dec 2003098530.266.30$6,207
Nov 200301,06228.804.60$4,880
Oct 200301,03628.174.76$4,931
Sep 2003082626.314.75$3,923
Aug 200301,00429.765.13$5,150
Jul 200301,41229.415.17$7,301
Jun 20031901,38828.565.98$13,731
May 200301,49226.595.97$8,911
Apr 200301,36726.675.41$7,392
Mar 200301,32731.146.10$8,089
Feb 200301,19333.487.93$9,456
Jan 200301,58530.315.58$8,848
Dec 200201,56426.914.85$7,591
Nov 200201,56324.664.14$6,466
Oct 200201,64426.464.23$6,953
Sep 200201,46327.443.64$5,318
Aug 200201,56025.963.16$4,936
Jul 200201,51324.583.06$4,632
Jun 2002098623.733.34$3,292
May 200218365924.663.58$6,875
Apr 200201,03923.653.51$3,649
Mar 200201,09722.003.10$3,404
Feb 200201,10518.222.38$2,625
Jan 200201,02717.172.38$2,440
Dec 2001081116.932.36$1,918
Nov 20012461,26818.072.41$7,495
Oct 2001096819.782.53$2,448
Sep 200101,41424.262.25$3,183
Aug 200101,32924.873.05$4,058
Jul 2001094323.933.20$3,015
Jun 2001069124.563.82$2,642
May 200101,16125.524.31$5,001
Apr 200101,22724.685.34$6,546
Mar 200101,55024.545.38$8,333
Feb 20011891,07827.755.77$11,462
Jan 200101,18227.478.40$9,927
Dec 200001,24026.889.12$11,312
Nov 20001911,16332.215.66$12,732
Oct 2000211,52531.235.15$8,503
Sep 200001,60031.875.19$8,298
Aug 2000101,48129.644.54$7,021
Jul 200001,80028.534.09$7,362
Jun 20001931,82029.304.40$13,658
May 200001,79127.263.68$6,590
Apr 200012,04824.513.12$6,406
Mar 200001,85028.422.86$5,291
Feb 20001921,70327.622.73$9,946
Jan 2000049425.272.48$1,225
Dec 19991942,42224.282.42$10,581
Nov 199901,19223.192.43$2,901
Oct 199901,00320.982.80$2,812
Sep 199901,43021.752.62$3,745
Aug 199902,00219.262.88$5,757
Jul 199901,90517.892.37$4,519
Jun 199902,51215.942.36$5,934
May 199904,56115.792.32$10,586
Apr 1999173,84515.102.21$8,747
Mar 199904,17112.471.84$7,668
Feb 199901,3469.981.82$2,447
Jan 199901,81510.381.90$3,448
Dec 199801,6609.201.77$2,944
Nov 199801,58810.892.19$3,471
Oct 199801,58312.421.97$3,117
Sep 199801,79212.592.08$3,732
Aug 199831,67211.301.91$3,223
Jul 199802,01011.742.24$4,497
Jun 199803,16911.242.24$7,090
May 199802,37512.622.21$5,240
Apr 1998029013.042.51$727

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.

Dec 2010 — as filed, then multipliedworked
Condensate           226 bbl  × $ 85.73 =    $19,375
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                  $19,375

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/169349 is the state's own key, not one this site invented.