STILES 68

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 204972District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.0 M
Oct 2004 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
260
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 Gas112005-07-21164021
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
CondensateDisposition5,149 bbl$284,350
GasProduction2,113,310 Mcf$13,763,500
Total$14,047,850

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 35.4432, -100.0542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44325, -100.05415 · 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
18,000 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 18,000 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-48331659906818,000 ftOct 2004

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 (260)

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

260 months

May 202661,207106.413.05$4,315
Apr 202671,27498.932.87$4,349
Mar 202661,10589.753.15$4,019
Feb 202661,23063.503.75$4,994
Jan 202681,41059.138.00$11,750
Dec 202561,07256.664.41$5,071
Nov 202581,13958.593.93$4,941
Oct 2025101,36659.383.30$5,108
Sep 202581,33562.743.08$4,610
Aug 202561,27263.933.01$4,218
Jul 202571,40266.743.32$5,115
Jun 202571,08266.483.13$3,851
May 2025101,23060.553.23$4,581
Apr 2025101,35462.363.54$5,421
Mar 202571,78667.704.27$8,097
Feb 2025479370.884.34$3,726
Jan 202571,22574.324.28$5,762
Dec 202471,46468.993.12$5,053
Nov 2024131,68169.052.20$4,593
Oct 2024101,56871.372.28$4,291
Sep 202471,19669.612.36$3,315
Aug 202471,51775.632.06$3,660
Jul 2024101,79179.932.15$4,644
Jun 202461,74178.082.63$5,054
May 202491,76278.812.20$4,583
Apr 2024101,81884.451.66$3,861
Mar 2024101,86380.301.55$3,682
Feb 2024182,37076.091.78$5,597
Jan 202472,16773.023.30$7,657
Dec 2023132,15671.262.61$6,555
Nov 2023751,90477.892.81$11,187
Oct 2023101,55385.443.09$5,649
Sep 202361,39089.042.74$4,336
Aug 202351,49880.522.67$4,407
Jul 202371,46674.852.64$4,397
Jun 202361,46268.962.26$3,716
May 202381,44170.622.23$3,775
Apr 202351,40778.122.24$3,539
Mar 202361,39372.852.39$3,771
Feb 2023101,60775.112.47$4,713
Jan 2023101,97376.533.39$7,449
Dec 2022122,17276.415.73$13,360
Nov 202292,18885.005.65$13,119
Oct 202272,25487.185.86$13,827
Sep 2022102,17884.888.16$18,629
Aug 202292,48494.529.13$23,523
Jul 202222,345101.587.54$17,889
Jun 20222694115.097.98$5,766
May 202241,341109.378.43$11,746
Apr 20222611104.226.84$4,386
Mar 20222663108.885.08$3,583
Feb 2022359991.054.86$3,184
Jan 2022266981.844.54$3,199
Dec 2021367871.323.90$2,858
Nov 2021362677.435.24$3,511
Oct 2021370179.795.71$4,245
Sep 2021368769.865.35$3,886
Aug 2021373866.024.22$3,313
Jul 2021375770.783.98$3,227
Jun 2021372169.493.38$2,646
May 2021380163.483.02$2,608
Apr 2021585760.362.76$2,666
Mar 2021897661.302.72$3,142
Feb 202131,00357.805.55$5,738
Jan 2021586150.412.81$2,672
Dec 2020592044.642.68$2,685
Nov 2020392738.772.71$2,625
Oct 2020398536.972.48$2,552
Sep 202031,25637.091.99$2,612
Aug 202021,15539.982.39$2,835
Jul 202021,25438.371.83$2,365
Jun 202031,37034.901.69$2,420
May 202031,08416.921.81$2,018
Apr 2020711,11314.751.80$3,056
Mar 202031,69730.341.86$3,241
Feb 202021,23349.881.98$2,542
Jan 202031,44157.252.09$3,190
Dec 201941,73959.012.30$4,243
Nov 201951,82355.302.75$5,291
Oct 201973,08953.472.42$7,845
Sep 201931,96355.052.66$5,381
Aug 2019196253.112.30$2,270
Jul 201911,00256.272.46$2,521
Jun 201911,03052.782.49$2,619
May 201911,12558.482.74$3,141
Apr 201911,16062.632.75$3,253
Mar 201911,27856.803.06$3,970
Feb 201921,46850.852.79$4,201
Jan 201921,99646.033.23$6,536
Dec 201821,29346.594.19$5,505
Nov 201821,74452.934.24$7,496
Oct 201821,53461.443.40$5,336
Sep 201832,26159.543.11$7,206
Aug 201823,57759.403.07$11,088
Jul 201812,30565.142.93$6,823
Jun 201811,10060.183.08$3,445
May 201821,84565.382.90$5,483
Apr 2018193963.842.90$2,788
Mar 2018198961.222.79$2,817
Feb 2018194861.782.77$2,684
Jan 201811,12962.874.01$4,589
Dec 201721,34357.272.92$4,038
Nov 20171571,88055.423.12$14,563
Oct 201731,40849.292.98$4,349
Sep 201722,76147.523.09$8,619
Aug 2017197245.373.00$2,966
Jul 2017195943.873.09$3,005
Jun 2017190442.493.09$2,833
May 201711,00045.373.26$3,309
Apr 201721,01147.933.21$3,343
Mar 201711,02046.772.98$3,090
Feb 201721,00550.452.95$3,068
Jan 201711,21549.413.42$4,203
Dec 2016182548.763.72$3,120
Nov 201611,49442.492.64$3,993
Oct 201621,83246.193.09$5,754
Sep 201621,77041.553.10$5,571
Aug 201611,87841.442.92$5,533
Jul 201612,74041.622.92$8,054
Jun 201611,67345.352.69$4,539
May 201621,78142.521.99$3,631
Apr 201641,86936.561.99$3,867
Mar 201663,70933.011.79$6,852
Feb 201621,86326.472.06$3,897
Jan 201642,93427.352.36$7,046
Dec 201574,99032.362.00$10,214
Nov 201563,69038.792.17$8,230
Oct 201541,98743.552.43$4,996
Sep 201522,24942.992.76$6,290
Aug 201512,17740.162.87$6,294
Jul 201513,21448.152.95$9,514
Jun 201512,03556.152.88$5,923
May 201522,17155.212.96$6,527
Apr 201512,24449.822.71$6,123
Mar 201503,56742.892.93$10,468
Feb 201502,54244.662.98$7,565
Jan 201501,98843.433.10$6,164
Dec 201402,04354.693.59$7,337
Nov 201403,43970.464.25$14,622
Oct 201402,40978.303.90$9,397
Sep 201403,90386.164.05$15,789
Aug 201402,23789.394.04$9,027
Jul 201403,98596.564.18$16,656
Jun 201401,98398.164.74$9,393
May 201403,66394.734.73$17,313
Apr 2014096095.944.81$4,617
Mar 201402,12795.895.06$10,756
Feb 201401,86997.406.19$11,573
Jan 201402,63890.404.86$12,823
Dec 2013442,99591.824.35$17,082
Nov 201302,33688.853.74$8,733
Oct 201304,08097.423.78$15,420
Sep 201302,328104.113.72$8,655
Aug 201302,668104.253.52$9,398
Jul 201302,648102.523.72$9,845
Jun 201303,90594.403.93$15,360
May 201304,36594.834.15$18,111
Apr 201303,20993.964.28$13,743
Mar 201305,51893.623.91$21,591
Feb 201305,37191.233.42$18,368
Jan 201316,77491.603.42$23,258
Dec 201206,92486.773.42$23,681
Nov 201207,19786.953.62$26,089
Oct 201205,99989.383.40$20,395
Sep 201204,47294.672.92$13,051
Aug 201204,26892.662.91$12,412
Jul 201205,68485.133.02$17,170
Jun 201203,42779.822.52$8,633
May 201204,53991.612.49$11,294
Apr 201204,338101.652.00$8,662
Mar 201204,444105.052.22$9,875
Feb 201205,534101.102.57$14,224
Jan 201203,57998.092.73$9,785
Dec 201106,23796.873.24$20,206
Nov 201104,40095.723.31$14,570
Oct 201103,95984.983.65$14,445
Sep 201104,54883.623.99$18,127
Aug 201105,14983.404.15$21,365
Jul 201104,01194.144.52$18,119
Jun 201105,40792.904.64$25,088
May 201105,58298.134.40$24,588
Apr 201106,347105.964.33$27,503
Mar 201105,48796.364.06$22,263
Feb 201105,67385.644.18$23,713
Jan 201105,97086.504.59$27,395
Dec 201007,41785.734.35$32,247
Nov 201008,20080.843.80$31,122
Oct 201008,19178.103.51$28,741
Sep 201007,45872.633.98$29,679
Aug 201008,49073.684.42$37,520
Jul 201008,53072.554.74$40,402
Jun 201008,97170.364.91$44,051
May 201008,85971.124.24$37,520
Apr 201008,79581.694.12$36,259
Mar 2010010,06078.394.39$44,150
Feb 201008,50273.585.44$46,271
Jan 2010010,62374.365.96$63,357
Dec 2009010,36671.445.48$56,845
Nov 2009010,10574.593.75$37,909
Oct 200918211,85772.544.11$61,938
Sep 2009012,92065.543.06$39,597
Aug 2009014,08967.423.22$45,345
Jul 200907,26461.133.46$25,166
Jun 200907,11866.163.90$27,725
May 200907,01254.743.93$27,527
Apr 200907,26546.773.59$26,063
Mar 200906,88142.144.06$27,930
Feb 200906,82132.814.63$31,602
Jan 200908,92435.865.37$47,931
Dec 200808,28537.105.98$49,521
Nov 200808,89755.496.86$61,037
Oct 200809,01375.246.92$62,388
Sep 2008010,647101.767.88$83,867
Aug 200809,385114.228.48$79,613
Jul 200809,842131.0811.39$112,095
Jun 200809,398131.3313.03$122,481
May 2008010,385123.1711.57$120,199
Apr 2008011,416110.3110.45$119,353
Mar 2008011,685101.909.66$112,925
Feb 2008011,50592.538.77$100,906
Jan 200816312,76890.388.21$119,503
Dec 2007012,64288.337.30$92,312
Nov 2007014,17991.677.29$103,389
Oct 2007012,59782.856.92$87,196
Sep 2007015,18875.846.24$94,836
Aug 2007012,61869.066.39$80,603
Jul 200719215,68270.906.39$113,788
Jun 2007015,85762.007.55$119,696
May 2007015,32158.747.85$120,213
Apr 2007015,45959.617.81$120,661
Mar 2007019,63356.927.30$143,360
Feb 2007017,12255.108.22$140,674
Jan 2007015,63250.306.73$105,154
Dec 2006020,04656.656.92$138,687
Nov 2006018,92154.207.62$144,130
Oct 2006020,18954.906.01$121,413
Sep 2006019,71160.085.04$99,288
Aug 200617621,80668.717.34$172,147
Jul 2006023,96669.376.34$152,011
Jun 2006023,35566.286.38$149,096
May 2006022,50766.016.42$144,607
Apr 200618521,51264.397.36$170,251
Mar 2006029,19756.707.08$206,800
Feb 2006028,23757.597.75$218,868
Jan 200615930,87660.598.93$285,459
Dec 2005032,28154.9413.42$433,063
Nov 200518134,19054.6910.59$371,916
Oct 2005037,82758.3413.80$521,852
Sep 200517738,38261.4512.08$474,493
Aug 2005043,01061.519.80$421,362
Jul 200517845,16855.697.84$364,194
Jun 200517947,80652.337.38$362,225
May 200517753,29145.226.65$362,451
Apr 200518757,14749.207.36$429,830
Mar 200525066,24650.377.15$486,575
Feb 200537368,96345.226.31$452,156
Jan 200518780,81843.166.32$519,018
Dec 2004544100,14539.866.75$697,771
Nov 2004538128,51545.286.33$837,915
Oct 200419264,18849.706.52$427,734

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
Condensate             6 bbl  × $106.41 =       $638
Gas                1,207 Mcf  × $  3.05 =     $3,676

────────────────────────────────────────────────────
Month total                                   $4,315

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/204972 is the state's own key, not one this site invented.