STILES 3

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 204790District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Oct 2004 – Feb 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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 Gas112005-09-08164026
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
CondensateDisposition23,863 bbl$1,490,474
GasProduction1,077,913 Mcf$6,683,186
Total$8,173,660

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 35.4536, -100.0424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45359, -100.04240 · 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
14,095 ft
1 wells filed one
Completion to plug
17.4 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 14,095 ft.

Completions filed
Oct 2004
1 of 1 wells
Plug dates filed
Mar 2022
1 of 1 wells

Last completion to plug: a median of 17.4 years across the 1 well that filed both dates, with the middle half between 17.4 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4833170920314,095 ftOct 2004Mar 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 (209)

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

209 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 20171885942.493.09$8,170
May 2017146645.373.26$1,566
Apr 2017154947.933.21$1,811
Mar 2017165846.772.98$2,010
Feb 2017287850.452.95$2,693
Jan 201711,36149.413.42$4,702
Dec 201611,54448.763.72$5,797
Nov 201621,73342.492.64$4,668
Oct 201632,03546.193.09$6,427
Sep 201622,11241.553.10$6,632
Aug 201612,32041.442.92$6,826
Jul 20161912,45941.622.92$15,140
Jun 201612,40845.352.69$6,513
May 201632,35842.521.99$4,822
Apr 20161942,16936.561.99$11,411
Mar 201642,12233.011.79$3,939
Feb 201622,03226.472.06$4,246
Jan 201632,27627.352.36$5,463
Dec 201542,58132.362.00$5,295
Nov 201542,44938.792.17$5,463
Oct 20151962,79643.552.43$15,321
Sep 201522,51542.992.76$7,023
Aug 201512,71940.162.87$7,850
Jul 20151912,64748.152.95$16,992
Jun 201512,54656.152.88$7,396
May 201532,62655.212.96$7,927
Apr 201512,49049.822.71$6,789
Mar 201502,75842.892.93$8,094
Feb 20151922,20144.662.98$15,125
Jan 201502,36043.433.10$7,317
Dec 201402,15754.693.59$7,747
Nov 20141982,16070.464.25$23,135
Oct 201402,40378.303.90$9,374
Sep 201402,17386.164.05$8,791
Aug 201402,49489.394.04$10,064
Jul 201402,70296.564.18$11,293
Jun 201402,56298.164.74$12,136
May 20142192,76894.734.73$33,829
Apr 201402,66095.944.81$12,792
Mar 201402,97595.895.06$15,044
Feb 201403,29397.406.19$20,390
Jan 20141913,54790.404.86$34,507
Dec 2013445,04391.824.35$26,000
Nov 20130088.853.74$0
Oct 201322,03297.423.78$7,875
Sep 201303,370104.113.72$12,529
Aug 20131753,005104.253.52$28,829
Jul 201303,184102.523.72$11,837
Jun 201313,80594.403.93$15,061
May 20131904,19894.834.15$35,436
Apr 201304,24693.964.28$18,184
Mar 20131874,79593.623.91$36,269
Feb 201314,50591.233.42$15,498
Jan 20131926,00991.603.42$38,137
Dec 201202,59986.773.42$8,889
Nov 201214,68386.953.62$17,063
Oct 20121885,01589.383.40$33,853
Sep 20121864,99194.672.92$32,174
Aug 201205,66392.662.91$16,469
Jul 20121825,79785.133.02$33,005
Jun 201215,75579.822.52$14,577
May 20121905,84991.612.49$31,960
Apr 201203,777101.652.00$7,542
Mar 20121837,040105.052.22$34,868
Feb 201200101.102.57$0
Jan 201202,82798.092.73$7,729
Dec 201106,82596.873.24$22,111
Nov 20111947,28895.723.31$42,702
Oct 20111897,76784.983.65$44,399
Sep 20111927,38883.623.99$45,502
Aug 20111898,99483.404.15$53,082
Jul 20113766,75094.144.52$65,888
Jun 20111918,44092.904.64$56,904
May 20113818,69598.134.40$75,687
Apr 201107,348105.964.33$31,841
Mar 201107,21896.364.06$29,286
Feb 20111896,00085.644.18$41,266
Jan 20111788,11886.504.59$52,649
Dec 20101977,09585.734.35$47,736
Nov 20101987,11380.843.80$43,003
Oct 201008,43778.103.51$29,605
Sep 20101792,31972.633.98$22,229
Aug 201005,62873.684.42$24,872
Jul 201005,56172.554.74$26,340
Jun 20101905,34270.364.91$39,600
May 201005,35871.124.24$22,692
Apr 201005,46481.694.12$22,526
Mar 20103595,77178.394.39$53,469
Feb 201005,46173.585.44$29,721
Jan 201006,04474.365.96$36,047
Dec 20091716,23971.445.48$46,429
Nov 200905,71074.593.75$21,421
Oct 20091846,35872.544.11$39,480
Sep 200905,90865.543.06$18,107
Aug 20091785,64967.423.22$30,182
Jul 200904,95461.133.46$17,163
Jun 20091814,78366.163.90$30,605
May 200904,98654.743.93$19,574
Apr 20091894,75246.773.59$25,887
Mar 20091794,95542.144.06$27,655
Feb 20091825,22032.814.63$30,156
Jan 20091783,12635.865.37$23,173
Dec 200804,62937.105.98$27,668
Nov 200804,97955.496.86$34,158
Oct 200805,21675.246.92$36,105
Sep 200805,143101.767.88$40,512
Aug 200805,216114.228.48$44,247
Jul 200805,829131.0811.39$66,389
Jun 200803,816131.3313.03$49,733
May 20081675,798123.1711.57$87,677
Apr 20081806,296110.3110.45$85,680
Mar 200804,159101.909.66$40,193
Feb 200805,89292.538.77$51,676
Jan 20081796,45890.388.21$69,171
Dec 20071866,14188.337.30$61,271
Nov 200706,04491.677.29$44,071
Oct 20073806,42982.856.92$75,984
Sep 20071926,36275.846.24$54,287
Aug 200706,69469.066.39$42,761
Jul 20071876,82670.906.39$56,862
Jun 20071846,71562.007.55$62,096
May 200706,95458.747.85$54,563
Apr 20073576,92859.617.81$75,355
Mar 20071906,15256.927.30$55,737
Feb 200706,57155.108.22$53,987
Jan 20071847,16050.306.73$57,419
Dec 20061807,95356.656.92$65,219
Nov 20063828,02054.207.62$81,797
Oct 20061818,41654.906.01$60,549
Sep 200608,50260.085.04$42,826
Aug 20063487,28168.717.34$77,353
Jul 20061879,03369.376.34$70,266
Jun 200619010,10566.286.38$77,102
May 200618110,70566.016.42$80,727
Apr 200655810,44364.397.36$112,795
Mar 200617811,18656.707.08$89,322
Feb 200618811,16157.597.75$97,337
Jan 200636513,08160.598.93$138,972
Dec 200537513,94954.9413.42$207,734
Nov 200536915,20854.6910.59$181,209
Oct 200535916,93458.3413.80$254,561
Sep 200554117,45361.4512.08$244,059
Aug 200554019,21361.519.80$221,442
Jul 200535320,37855.697.84$179,496
Jun 200554221,27352.337.38$185,380
May 200574223,56245.226.65$190,268
Apr 200576125,33049.207.36$223,882
Mar 200593828,43650.377.15$250,703
Feb 200573528,83645.226.31$215,247
Jan 20051,12137,36143.166.32$284,586
Dec 20041,33344,43539.866.75$353,118
Nov 20041,65964,71045.286.33$484,761
Oct 2004029,16949.706.52$190,039

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.

Jun 2017 — as filed, then multipliedworked
Condensate           188 bbl  × $ 42.49 =     $7,988
Gas                   59 Mcf  × $  3.09 =       $182

────────────────────────────────────────────────────
Month total                                   $8,170

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/204790 is the state's own key, not one this site invented.