STILES 68

Name: STILES 68 lease production and value, Sep 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TAPSTONE ENERGY, LLC (P-5 836005) 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 203583District 10Field 861252502 tax incentive programmesCondensateGasSave Export

Value, all time

$12.8 M

Sep 2004 – Jun 2018

Value, last 12 filed months

$78 k

at the published price for each month

Months reported

166

no gaps in the span

Streams

condensate, gas

The STILES RANCH (GRANITE WASH CONS) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-09-08	164022
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	49,919 bbl	$3,316,744
Gas	Production	1,714,990 Mcf	$9,441,004
Total			$12,757,747

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 35.4418, -100.0424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44183, -100.04240 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

14,787 ft

1 wells filed one

Completion to plug

13.5 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 14,787 ft.

Completions filed

Sep 2004

1 of 1 wells

Plug dates filed

Mar 2018

1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48331673	3068	14,787 ft	Sep 2004	Mar 2018	Yes

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 (166)

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

166 months


Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	147	0	63.84	2.90	$9,384
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	1	76	61.78	2.77	$272
Jan 2018	3	2,109	62.87	4.01	$8,644
Dec 2017	383	4,400	57.27	2.92	$34,789
Nov 2017	4	4,144	55.42	3.12	$13,144
Oct 2017	2	1,953	49.29	2.98	$5,926
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	1,473	45.37	3.00	$4,425
Jul 2017	2	294	43.87	3.09	$995
Jun 2017	4	4,114	42.49	3.09	$12,871
May 2017	5	3,246	45.37	3.26	$10,820
Apr 2017	10	6,086	47.93	3.21	$20,025
Mar 2017	204	5,445	46.77	2.98	$25,787
Feb 2017	17	10,903	50.45	2.95	$33,050
Jan 2017	194	7,607	49.41	3.42	$35,592
Dec 2016	195	6,660	48.76	3.72	$34,302
Nov 2016	7	8,047	42.49	2.64	$21,577
Oct 2016	195	6,072	46.19	3.09	$27,771
Sep 2016	4	5,111	41.55	3.10	$16,014
Aug 2016	2	1,988	41.44	2.92	$5,896
Jul 2016	184	6,304	41.62	2.92	$26,093
Jun 2016	190	7,404	45.35	2.69	$28,502
May 2016	169	7,543	42.52	1.99	$22,204
Apr 2016	200	7,697	36.56	1.99	$22,637
Mar 2016	206	8,654	33.01	1.79	$22,325
Feb 2016	196	8,118	26.47	2.06	$21,941
Jan 2016	398	9,463	27.35	2.36	$33,259
Dec 2015	18	11,232	32.36	2.00	$23,062
Nov 2015	400	13,628	38.79	2.17	$45,052
Oct 2015	210	11,044	43.55	2.43	$35,945
Sep 2015	3	3,153	42.99	2.76	$8,826
Aug 2015	2	4,864	40.16	2.87	$14,052
Jul 2015	369	14,327	48.15	2.95	$59,962
Jun 2015	385	9,828	56.15	2.88	$49,951
May 2015	205	15,281	55.21	2.96	$56,480
Apr 2015	390	13,646	49.82	2.71	$56,364
Mar 2015	381	14,369	42.89	2.93	$58,510
Feb 2015	381	14,158	44.66	2.98	$59,152
Jan 2015	385	17,657	43.43	3.10	$71,468
Dec 2014	376	19,339	54.69	3.59	$90,017
Nov 2014	389	21,466	70.46	4.25	$118,679
Oct 2014	589	20,054	78.30	3.90	$124,349
Sep 2014	596	19,368	86.16	4.05	$129,703
Aug 2014	374	20,389	89.39	4.04	$115,704
Jul 2014	762	25,143	96.56	4.18	$178,666
Jun 2014	562	19,885	98.16	4.74	$149,359
May 2014	772	21,248	94.73	4.73	$173,562
Apr 2014	552	23,941	95.94	4.81	$168,094
Mar 2014	1,324	29,663	95.89	5.06	$276,958
Feb 2014	558	30,577	97.40	6.19	$243,682
Jan 2014	1,350	26,923	90.40	4.86	$252,905
Dec 2013	1,631	39,047	91.82	4.35	$319,788
Nov 2013	188	5,744	88.85	3.74	$38,176
Oct 2013	0	2,905	97.42	3.78	$10,979
Sep 2013	185	7,068	104.11	3.72	$45,537
Aug 2013	1	7,840	104.25	3.52	$27,722
Jul 2013	190	8,167	102.52	3.72	$49,842
Jun 2013	191	8,020	94.40	3.93	$49,576
May 2013	1	8,768	94.83	4.15	$36,474
Apr 2013	186	9,352	93.96	4.28	$57,527
Mar 2013	375	9,667	93.62	3.91	$72,933
Feb 2013	1	10,125	91.23	3.42	$34,718
Jan 2013	203	10,678	91.60	3.42	$55,113
Dec 2012	187	7,876	86.77	3.42	$43,163
Nov 2012	194	6,876	86.95	3.62	$41,794
Oct 2012	189	6,341	89.38	3.40	$38,450
Sep 2012	181	6,709	94.67	2.92	$36,715
Aug 2012	0	124	92.66	2.91	$361
Jul 2012	191	1,890	85.13	3.02	$21,969
Jun 2012	1	5,337	79.82	2.52	$13,524
May 2012	194	4,885	91.61	2.49	$29,928
Apr 2012	183	4,952	101.65	2.00	$28,490
Mar 2012	189	5,761	105.05	2.22	$32,656
Feb 2012	0	1,666	101.10	2.57	$4,282
Jan 2012	0	1,492	98.09	2.73	$4,079
Dec 2011	0	2,134	96.87	3.24	$6,914
Nov 2011	192	3,427	95.72	3.31	$29,726
Oct 2011	0	2,897	84.98	3.65	$10,570
Sep 2011	198	3,687	83.62	3.99	$31,252
Aug 2011	192	2,542	83.40	4.15	$26,560
Jul 2011	0	3,973	94.14	4.52	$17,947
Jun 2011	194	3,994	92.90	4.64	$36,554
May 2011	190	4,004	98.13	4.40	$36,282
Apr 2011	0	4,316	105.96	4.33	$18,702
Mar 2011	0	3,012	96.36	4.06	$12,221
Feb 2011	0	1,409	85.64	4.18	$5,890
Jan 2011	370	5,329	86.50	4.59	$56,459
Dec 2010	371	4,495	85.73	4.35	$51,349
Nov 2010	160	5,473	80.84	3.80	$33,706
Oct 2010	180	5,812	78.10	3.51	$34,452
Sep 2010	0	4,445	72.63	3.98	$17,689
Aug 2010	187	4,757	73.68	4.42	$34,801
Jul 2010	183	5,048	72.55	4.74	$37,186
Jun 2010	180	4,930	70.36	4.91	$36,873
May 2010	180	4,003	71.12	4.24	$29,755
Apr 2010	0	4,320	81.69	4.12	$17,810
Mar 2010	183	8,251	78.39	4.39	$50,556
Feb 2010	196	4,079	73.58	5.44	$36,621
Jan 2010	193	4,904	74.36	5.96	$43,599
Dec 2009	183	6,859	71.44	5.48	$50,687
Nov 2009	181	6,389	74.59	3.75	$37,469
Oct 2009	184	6,746	72.54	4.11	$41,075
Sep 2009	180	6,810	65.54	3.06	$32,668
Aug 2009	181	6,671	67.42	3.22	$33,674
Jul 2009	163	6,713	61.13	3.46	$33,221
Jun 2009	353	6,285	66.16	3.90	$47,835
May 2009	179	6,947	54.74	3.93	$37,071
Apr 2009	179	7,136	46.77	3.59	$33,972
Mar 2009	329	7,768	42.14	4.06	$45,394
Feb 2009	353	6,388	32.81	4.63	$41,178
Jan 2009	0	6,370	35.86	5.37	$34,213
Dec 2008	0	7,735	37.10	5.98	$46,233
Nov 2008	351	6,956	55.49	6.86	$67,198
Oct 2008	0	6,829	75.24	6.92	$47,270
Sep 2008	172	6,760	101.76	7.88	$70,752
Aug 2008	173	7,011	114.22	8.48	$79,235
Jul 2008	177	7,004	131.08	11.39	$102,973
Jun 2008	177	6,968	131.33	13.03	$114,057
May 2008	195	7,628	123.17	11.57	$112,307
Apr 2008	347	7,532	110.31	10.45	$117,024
Mar 2008	178	8,080	101.90	9.66	$96,224
Feb 2008	357	7,945	92.53	8.77	$102,715
Jan 2008	178	8,140	90.38	8.21	$82,882
Dec 2007	183	8,074	88.33	7.30	$75,121
Nov 2007	372	7,404	91.67	7.29	$88,089
Oct 2007	193	8,472	82.85	6.92	$74,633
Sep 2007	381	9,191	75.84	6.24	$86,285
Aug 2007	191	9,592	69.06	6.39	$74,464
Jul 2007	578	9,895	70.90	6.39	$104,189
Jun 2007	0	10,722	62.00	7.55	$80,934
May 2007	181	8,944	58.74	7.85	$80,809
Apr 2007	188	8,688	59.61	7.81	$79,018
Mar 2007	371	10,260	56.92	7.30	$96,036
Feb 2007	352	9,231	55.10	8.22	$95,237
Jan 2007	176	10,550	50.30	6.73	$79,821
Dec 2006	191	10,660	56.65	6.92	$84,571
Nov 2006	361	9,838	54.20	7.62	$94,507
Oct 2006	365	11,303	54.90	6.01	$88,012
Sep 2006	179	11,470	60.08	5.04	$68,531
Aug 2006	357	12,533	68.71	7.34	$116,521
Jul 2006	360	13,270	69.37	6.34	$109,142
Jun 2006	361	12,589	66.28	6.38	$104,294
May 2006	371	14,879	66.01	6.42	$120,087
Apr 2006	541	15,706	64.39	7.36	$150,439
Mar 2006	361	16,702	56.70	7.08	$138,768
Feb 2006	366	12,182	57.59	7.75	$115,502
Jan 2006	388	11,163	60.59	8.93	$123,232
Dec 2005	358	13,357	54.94	13.42	$198,858
Nov 2005	376	11,727	54.69	10.59	$144,734
Oct 2005	533	16,056	58.34	13.80	$252,600
Sep 2005	339	16,118	61.45	12.08	$215,521
Aug 2005	546	18,074	61.51	9.80	$210,653
Jul 2005	538	18,600	55.69	7.84	$175,853
Jun 2005	533	19,487	52.33	7.38	$171,726
May 2005	732	21,368	45.22	6.65	$175,223
Apr 2005	729	23,366	49.20	7.36	$207,852
Mar 2005	926	24,552	50.37	7.15	$222,309
Feb 2005	735	26,411	45.22	6.31	$199,941
Jan 2005	1,092	32,751	43.16	6.32	$254,189
Dec 2004	1,299	36,762	39.86	6.75	$299,961
Nov 2004	1,679	46,535	45.28	6.33	$370,611
Oct 2004	2,930	74,697	49.70	6.52	$632,279
Sep 2004	2,172	43,516	43.24	5.28	$323,851

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.

Apr 2018 — as filed, then multipliedworked

Condensate           147 bbl  × $ 63.84 =     $9,384
Gas                    0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                   $9,384

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/203583 is the state's own key, not one this site invented.