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 209851District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
May 2005 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
253
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 Gas112005-09-26165283
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
CondensateDisposition38,739 bbl$2,638,306
GasProduction1,315,546 Mcf$8,524,025
Total$11,162,331

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 35.4606, -100.0517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46063, -100.05172 · 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
14,062 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 14,062 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-48331736101814,062 ftMay 2005

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 (253)

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

253 months

May 20262308106.413.05$1,151
Apr 2026235498.932.87$1,214
Mar 2026236889.753.15$1,338
Feb 2026131463.503.75$1,241
Jan 2026226959.138.00$2,270
Dec 2025230256.664.41$1,446
Nov 2025229858.593.93$1,287
Oct 2025231759.383.30$1,166
Sep 2025231462.743.08$1,092
Aug 2025233063.933.01$1,123
Jul 2025127966.743.32$992
Jun 2025224166.483.13$887
May 2025229160.553.23$1,062
Apr 2025228662.363.54$1,138
Mar 2025129667.704.27$1,331
Feb 2025125270.884.34$1,165
Jan 2025228774.324.28$1,377
Dec 2024132168.993.12$1,071
Nov 2024227969.052.20$751
Oct 2024232371.372.28$880
Sep 2024230569.612.36$860
Aug 2024133275.632.06$761
Jul 2024233479.932.15$877
Jun 2024124478.082.63$721
May 2024230378.812.20$824
Apr 2024230084.451.66$667
Mar 2024231980.301.55$654
Feb 2024125476.091.78$529
Jan 2024114773.023.30$558
Dec 2023223671.262.61$759
Nov 2023228977.892.81$967
Oct 2023230785.443.09$1,119
Sep 2023131589.042.74$951
Aug 2023131180.522.67$912
Jul 2023245674.852.64$1,354
Jun 2023252168.962.26$1,315
May 2023246770.622.23$1,181
Apr 2023247178.122.24$1,210
Mar 2023248672.852.39$1,309
Feb 2023247475.112.47$1,319
Jan 2023236576.533.39$1,390
Dec 2022126776.415.73$1,606
Nov 2022116585.005.65$1,017
Oct 2022116187.185.86$1,031
Sep 2022116384.888.16$1,416
Aug 2022117094.529.13$1,646
Jul 20220166101.587.54$1,252
Jun 20220168115.097.98$1,340
May 20221200109.378.43$1,796
Apr 20221228104.226.84$1,663
Mar 20221304108.885.08$1,652
Feb 2022243691.054.86$2,301
Jan 2022262581.844.54$3,000
Dec 2021364271.323.90$2,717
Nov 2021467377.435.24$3,834
Oct 2021364979.795.71$3,948
Sep 2021025969.865.35$1,386
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 2020358737.091.99$1,280
Aug 2020165039.982.39$1,590
Jul 2020149138.371.83$935
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202002214.751.80$40
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 2019093153.112.30$2,145
Jul 201911,17956.272.46$2,957
Jun 20191851,73252.782.49$14,079
May 201911,80958.482.74$5,016
Apr 201911,74462.632.75$4,860
Mar 201901,78756.803.06$5,472
Feb 201901,61950.852.79$4,521
Jan 201901,78546.033.23$5,762
Dec 2018199346.594.19$4,203
Nov 2018181452.934.24$3,502
Oct 201811,02461.443.40$3,541
Sep 2018032159.543.11$998
Aug 2018030159.403.07$923
Jul 2018040365.142.93$1,182
Jun 20181871,10560.183.08$14,654
May 201811,72765.382.90$5,075
Apr 201811,66963.842.90$4,905
Mar 201822,01861.222.79$5,746
Feb 201811,56461.782.77$4,388
Jan 201811,90962.874.01$7,717
Dec 201721,75557.272.92$5,242
Nov 20171841,67155.423.12$15,408
Oct 201722,21049.292.98$6,693
Sep 201712,09247.523.09$6,506
Aug 201712,26245.373.00$6,841
Jul 201712,29543.873.09$7,129
Jun 201712,26642.493.09$7,038
May 20171892,35145.373.26$16,247
Apr 201732,15247.933.21$7,055
Mar 201732,40246.772.98$7,307
Feb 20171901,95650.452.95$15,361
Jan 201722,06849.413.42$7,169
Dec 201622,41548.763.72$9,088
Nov 201622,31842.492.64$6,215
Oct 201622,51146.193.09$7,852
Sep 201622,57241.553.10$8,058
Aug 20161872,76641.442.92$15,838
Jul 201612,86341.622.92$8,414
Jun 201612,65345.352.69$7,171
May 201622,48342.521.99$5,029
Apr 20161892,38836.561.99$11,664
Mar 201632,65033.011.79$4,853
Feb 201622,46026.472.06$5,129
Jan 20161922,69527.352.36$11,623
Dec 201532,77632.362.00$5,653
Nov 201532,66038.792.17$5,881
Oct 201542,74243.552.43$6,828
Sep 20151862,70542.992.76$15,458
Aug 201512,79440.162.87$8,066
Jul 201502,93848.152.95$8,653
Jun 201512,82056.152.88$8,186
May 20151933,06455.212.96$19,711
Apr 201512,87749.822.71$7,837
Mar 201503,01642.892.93$8,851
Feb 201502,90044.662.98$8,631
Jan 20151933,04143.433.10$17,811
Dec 201403,44554.693.59$12,372
Nov 20141903,40270.464.25$27,852
Oct 201403,59878.303.90$14,036
Sep 201423,54086.164.05$14,493
Aug 20141853,96589.394.04$32,536
Jul 201404,18896.564.18$17,504
Jun 20141903,59498.164.74$35,675
May 201404,05994.734.73$19,185
Apr 201404,41295.944.81$21,218
Mar 20141964,95995.895.06$43,871
Feb 20141924,55397.406.19$46,893
Jan 20141965,36090.404.86$43,772
Dec 20132334,54591.824.35$41,185
Nov 20133866,22688.853.74$57,571
Oct 20131904,35397.423.78$34,961
Sep 20131905,894104.113.72$41,693
Aug 20131933,560104.253.52$32,661
Jul 201301,484102.523.72$5,517
Jun 20131933,33594.403.93$31,337
May 20131864,03894.834.15$34,392
Apr 201343,89993.964.28$17,074
Mar 20131903,84593.623.91$32,833
Feb 20131873,49891.233.42$29,023
Jan 201314,38091.603.42$15,071
Dec 20121984,67586.773.42$33,170
Nov 201214,36486.953.62$15,906
Oct 20121845,04289.383.40$33,587
Sep 20121833,58294.672.92$27,778
Aug 201225,60792.662.91$16,491
Jul 20121884,33585.133.02$29,100
Jun 201225,25379.822.52$13,392
May 20121895,44491.612.49$30,861
Apr 20121912,841101.652.00$25,088
Mar 201204,096105.052.22$9,102
Feb 201204,735101.102.57$12,170
Jan 20121895,15398.092.73$32,628
Dec 201115,03096.873.24$16,393
Nov 20111785,47495.723.31$35,164
Oct 201105,90884.983.65$21,556
Sep 20111895,78083.623.99$38,842
Aug 20113806,93783.404.15$60,476
Jul 20111907,82694.144.52$53,239
Jun 201104,25292.904.64$19,729
May 20111945,39298.134.40$42,788
Apr 201106,386105.964.33$27,672
Mar 20111915,52396.364.06$40,813
Feb 201105,02785.644.18$21,013
Jan 20111955,70286.504.59$43,033
Dec 201006,31185.734.35$27,439
Nov 20101846,52780.843.80$39,647
Oct 201006,68978.103.51$23,471
Sep 20101785,60172.633.98$35,217
Aug 20101727,70573.684.42$46,724
Jul 20101757,77072.554.74$49,499
Jun 20101787,76670.364.91$50,658
May 20101568,05671.124.24$45,214
Apr 20101738,43581.694.12$48,907
Mar 20101858,84378.394.39$53,311
Feb 20103608,02673.585.44$70,169
Jan 20103598,79474.365.96$79,143
Dec 200908,69071.445.48$47,654
Nov 20095408,26274.593.75$71,273
Oct 200909,33772.544.11$38,377
Sep 20093649,02965.543.06$51,528
Aug 20091849,15867.423.22$41,880
Jul 20093508,45461.133.46$50,684
Jun 20093418,22666.163.90$54,601
May 20091808,57254.743.93$43,505
Apr 20091978,43846.773.59$39,485
Mar 20093679,76442.144.06$55,097
Feb 20093617,98632.814.63$48,844
Jan 20093739,05935.865.37$62,032
Dec 20083579,18037.105.98$68,115
Nov 200808,99455.496.86$61,702
Oct 20083508,84075.246.92$87,524
Sep 200806,842101.767.88$53,895
Aug 20083577,922114.228.48$107,979
Jul 20083599,356131.0811.39$153,617
Jun 20083369,442131.3313.03$167,181
May 20083479,411123.1711.57$151,666
Apr 20081767,264110.3110.45$95,359
Mar 20085329,349101.909.66$144,560
Feb 20081748,81892.538.77$93,439
Jan 20081818,72790.388.21$87,970
Dec 200717310,22888.337.30$89,966
Nov 200755410,69991.677.29$128,799
Oct 200718310,76882.856.92$89,697
Sep 200736410,80275.846.24$95,055
Aug 200737611,26969.066.39$97,952
Jul 200774611,49470.906.39$126,314
Jun 2007011,43962.007.55$86,347
May 200737012,18958.747.85$117,372
Apr 200736612,44059.617.81$118,914
Mar 200736213,17056.927.30$116,772
Feb 200736911,91355.108.22$118,209
Jan 200718113,69050.306.73$101,195
Dec 200636615,64556.656.92$128,973
Nov 200654614,82754.207.62$142,538
Oct 200652416,14954.906.01$125,884
Sep 200655516,48860.085.04$116,398
Aug 200636517,47268.717.34$153,322
Jul 200672117,76469.376.34$162,689
Jun 200656016,87466.286.38$144,838
May 200636317,76266.016.42$138,082
Apr 200690618,33964.397.36$193,321
Mar 200654820,35556.707.08$175,244
Feb 200672719,89057.597.75$196,038
Jan 200673423,70160.598.93$256,202
Dec 200589625,51554.9413.42$391,520
Nov 200590826,87454.6910.59$334,211
Oct 20051,09631,05958.3413.80$492,423
Sep 20051,07335,18561.4512.08$490,935
Aug 20051,43345,48661.519.80$533,763
Jul 20052,17060,13955.697.84$592,556
Jun 20053,29176,21152.337.38$734,734
May 200518725945.226.65$10,179

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             2 bbl  × $106.41 =       $213
Gas                  308 Mcf  × $  3.05 =       $938

────────────────────────────────────────────────────
Month total                                   $1,151

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/209851 is the state's own key, not one this site invented.