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 210861District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.4 M
Apr 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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 Gas112006-01-09166765
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
CondensateDisposition24,568 bbl$1,846,586
GasProduction2,274,027 Mcf$15,568,422
Total$17,415,008

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 35.4385, -100.0424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43854, -100.04239 · 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
16,606 ft
1 wells filed one
Completion to plug
13.4 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 16,606 ft.

Completions filed
Aug 2007
1 of 1 wells
Plug dates filed
Jan 2021
1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331795406816,606 ftAug 2007Jan 2021Yes

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 (254)

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

254 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
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 20200138.772.71$3
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202004139.982.39$98
Jul 2020884538.371.83$3,459
Jun 202014234.901.69$106
May 2020276616.921.81$1,424
Apr 20201911,41814.751.80$5,376
Mar 202031,58130.341.86$3,026
Feb 2020180349.881.98$1,640
Jan 2020152257.252.09$1,151
Dec 201931,09359.012.30$2,696
Nov 2019299055.302.75$2,834
Oct 201931,28153.472.42$3,259
Sep 201931,34055.052.66$3,726
Aug 201921,13953.112.30$2,731
Jul 201921,71356.272.46$4,327
Jun 2019183852.782.49$2,140
May 201911,44058.482.74$4,005
Apr 2019192262.632.75$2,599
Mar 20191931,52156.803.06$15,620
Feb 201911,11450.852.79$3,161
Jan 201921,61846.033.23$5,315
Dec 201821,65246.594.19$7,008
Nov 201821,09852.934.24$4,758
Oct 201832,48361.443.40$8,622
Sep 201822,36459.543.11$7,466
Aug 201811,28459.403.07$3,997
Jul 201811,32765.142.93$3,956
Jun 201811,08760.183.08$3,405
May 20181821,54365.382.90$16,375
Apr 201821,62463.842.90$4,839
Mar 201821,45961.222.79$4,188
Feb 2018146361.782.77$1,342
Jan 2018188562.874.01$3,611
Dec 201711,13257.272.92$3,364
Nov 201711,16955.423.12$3,701
Oct 2017184949.292.98$2,582
Sep 20170047.523.09$0
Aug 2017165645.373.00$2,016
Jul 2017078243.873.09$2,414
Jun 2017182242.493.09$2,580
May 2017192945.373.26$3,077
Apr 2017176547.933.21$2,505
Mar 2017163446.772.98$1,938
Feb 2017017750.452.95$523
Jan 2017033149.413.42$1,132
Dec 2016161448.763.72$2,335
Nov 20161741,83042.492.64$12,232
Oct 201621,87346.193.09$5,880
Sep 201621,84141.553.10$5,791
Aug 20161851,36441.442.92$11,655
Jul 201612,09841.622.92$6,177
Jun 20161901,78245.352.69$13,403
May 201632,37742.521.99$4,860
Apr 201642,37236.561.99$4,869
Mar 2016146333.011.79$864
Feb 201621,59126.472.06$3,336
Jan 201632,12627.352.36$5,109
Dec 201542,55432.362.00$5,241
Nov 201531,84538.792.17$4,115
Oct 201542,18843.552.43$5,484
Sep 201522,44742.992.76$6,836
Aug 201511,92540.162.87$5,570
Jul 201501,64348.152.95$4,839
Jun 20151902,52056.152.88$17,933
May 201521,95255.212.96$5,879
Apr 201512,91249.822.71$7,931
Mar 201501,69042.892.93$4,960
Feb 201502,34644.662.98$6,982
Jan 201501,48143.433.10$4,592
Dec 201402,31854.693.59$8,325
Nov 201402,29970.464.25$9,775
Oct 201403,18578.303.90$12,425
Sep 20141862,51786.164.05$26,208
Aug 201402,21889.394.04$8,950
Jul 201403,56596.564.18$14,900
Jun 201401,29298.164.74$6,120
May 201402,66494.734.73$12,592
Apr 201402,06695.944.81$9,936
Mar 20141952,19595.895.06$29,798
Feb 201403,16597.406.19$19,598
Jan 201401,94390.404.86$9,444
Dec 2013442,43091.824.35$14,621
Nov 20131925,89288.853.74$39,085
Oct 20131765,21397.423.78$36,848
Sep 201300104.113.72$0
Aug 20130244104.253.52$860
Jul 201301,951102.523.72$7,253
Jun 201317,65294.403.93$30,193
May 201308,06394.834.15$33,454
Apr 201307,86393.964.28$33,674
Mar 20131937,95193.623.91$49,180
Feb 201317,89691.233.42$27,095
Jan 201329,59191.603.42$32,984
Dec 20121959,69286.773.42$50,068
Nov 2012010,08886.953.62$36,569
Oct 2012010,43189.383.40$35,462
Sep 201209,92794.672.92$28,971
Aug 2012011,34792.662.91$32,999
Jul 201218,40785.133.02$25,481
Jun 20121859,32879.822.52$38,264
May 2012010,02391.612.49$24,940
Apr 201209,609101.652.00$19,187
Mar 201218210,002105.052.22$41,344
Feb 201209,979101.102.57$25,648
Jan 201219210,62498.092.73$47,880
Dec 2011111,36896.873.24$36,926
Nov 2011111,45295.723.31$38,017
Oct 2011012,21684.983.65$44,571
Sep 20112611,94383.623.99$49,777
Aug 201119212,49783.404.15$67,867
Jul 201118912,75694.144.52$75,414
Jun 2011012,56692.904.64$58,305
May 201118913,19798.134.40$76,677
Apr 2011012,925105.964.33$56,008
Mar 201119113,86496.364.06$74,656
Feb 2011012,16785.644.18$50,858
Jan 201116518,22286.504.59$97,889
Dec 201009,84685.734.35$42,808
Nov 201017114,90980.843.80$70,408
Oct 201018015,31978.103.51$67,811
Sep 2010115,50572.633.98$61,774
Aug 201017816,29973.684.42$85,146
Jul 2010015,67372.554.74$74,235
Jun 2010116,17670.364.91$79,501
May 2010016,72371.124.24$70,826
Apr 2010016,01681.694.12$66,029
Mar 201037418,73678.394.39$111,544
Feb 201018112,98973.585.44$84,009
Jan 2010018,60574.365.96$110,962
Dec 200918419,23771.445.48$118,636
Nov 2009018,86474.593.75$70,768
Oct 200935420,50672.544.11$109,964
Sep 200917517,31265.543.06$64,526
Aug 200953517,83567.423.22$93,472
Jul 2009017,71261.133.46$61,363
Jun 200933915,79966.163.90$83,965
May 200935614,62854.743.93$76,913
Apr 200917512,03646.773.59$51,364
Mar 200935213,33942.144.06$68,976
Feb 200951613,24132.814.63$78,276
Jan 2009014,78435.865.37$79,405
Dec 200852615,82737.105.98$114,115
Nov 200836716,26355.496.86$131,935
Oct 200835816,22275.246.92$139,224
Sep 200836116,131101.767.88$163,801
Aug 200834018,541114.228.48$196,118
Jul 200832719,963131.0811.39$270,230
Jun 200852920,900131.3313.03$341,856
May 200835923,385123.1711.57$314,883
Apr 200853725,819110.3110.45$329,171
Mar 200850626,576101.909.66$308,394
Feb 200834626,74792.538.77$266,602
Jan 200854932,03390.388.21$312,473
Dec 200756636,28588.337.30$314,947
Nov 20071,05238,76891.677.29$379,121
Oct 20071,49745,64382.856.92$439,966
Sep 20071,49959,43475.846.24$484,800
Aug 20072,03667,15169.066.39$569,563
Jul 20070070.906.39$0
Jun 2007010,80162.007.55$81,531
May 2007010,62858.747.85$83,390
Apr 200708,07359.617.81$63,011
Mar 200708,73156.927.30$63,754
Feb 200707,61055.108.22$62,524
Jan 2007010,86750.306.73$73,101
Dec 2006012,87056.656.92$89,040
Nov 200617114,75354.207.62$121,649
Oct 2006016,49354.906.01$99,186
Sep 200617717,16860.085.04$97,113
Aug 2006020,96768.717.34$153,896
Jul 2006019,32569.376.34$122,574
Jun 200617922,23966.286.38$153,835
May 2006026,69766.016.42$171,528
Apr 200618729,23464.397.36$227,217
Mar 200617833,46856.707.08$247,144
Feb 2006032,92757.597.75$255,221
Jan 200636141,57860.598.93$393,303
Dec 200518346,44754.9413.42$633,159
Nov 200518352,02654.6910.59$560,880
Oct 200536364,81858.3413.80$915,391
Sep 200536576,47261.4512.08$946,135
Aug 200557099,92761.519.80$1,014,030
Jul 2005559120,16655.697.84$973,670
Jun 20051,08281,50152.337.38$658,183
May 2005040,08445.226.65$266,605
Apr 20050049.207.36$0

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.

Nov 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.77 =         $0
Gas                    1 Mcf  × $  2.71 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/210861 is the state's own key, not one this site invented.