STILES 24

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 212627District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Sep 2005 – May 2026
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
249
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 Gas112006-04-19166988
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
CondensateDisposition10,861 bbl$747,912
GasProduction873,897 Mcf$5,775,763
Total$6,523,675

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 35.4773, -100.0630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47733, -100.06303 · 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
16,400 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 16,400 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-48331857102416,400 ftAug 2006

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 (249)

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

249 months

May 20260933106.413.05$2,842
Apr 2026091298.932.87$2,617
Mar 2026093089.753.15$2,929
Feb 2026086463.503.75$3,240
Jan 2026088559.138.00$7,078
Dec 20259590856.664.41$9,390
Nov 2025074858.593.93$2,937
Oct 2025072759.383.30$2,403
Sep 2025099862.743.08$3,071
Aug 202501,03963.933.01$3,132
Jul 2025090966.743.32$3,014
Jun 2025090266.483.13$2,822
May 202501,03460.553.23$3,342
Apr 202501,00962.363.54$3,575
Mar 202501,00867.704.27$4,302
Feb 202501,23870.884.34$5,374
Jan 202501,00574.324.28$4,300
Dec 202414498468.993.12$13,006
Nov 2024093869.052.20$2,062
Oct 2024095271.372.28$2,172
Sep 2024091969.612.36$2,173
Aug 2024094775.632.06$1,954
Jul 20245195179.932.15$6,118
Jun 2024094178.082.63$2,479
May 2024092578.812.20$2,034
Apr 2024071684.451.66$1,188
Mar 2024082980.301.55$1,281
Feb 2024095976.091.78$1,711
Jan 2024088973.023.30$2,932
Dec 2023092471.262.61$2,412
Nov 2023089677.892.81$2,516
Oct 2023099685.443.09$3,075
Sep 2023091289.042.74$2,494
Aug 202301,02180.522.67$2,729
Jul 202301,02074.852.64$2,695
Jun 2023097468.962.26$2,200
May 2023084170.622.23$1,873
Apr 2023091178.122.24$2,039
Mar 2023085472.852.39$2,044
Feb 2023083975.112.47$2,069
Jan 2023093676.533.39$3,171
Dec 20221231,21276.415.73$16,342
Nov 20220085.005.65$0
Oct 202201,02787.185.86$6,022
Sep 202201,05784.888.16$8,629
Aug 202201,08594.529.13$9,903
Jul 202201,039101.587.54$7,836
Jun 202201,083115.097.98$8,639
May 202201,156109.378.43$9,749
Apr 202201,073104.226.84$7,337
Mar 202201,143108.885.08$5,802
Feb 202201,04591.054.86$5,077
Jan 202201,23981.844.54$5,622
Dec 20211321,25071.323.90$14,288
Nov 202101,20577.435.24$6,310
Oct 202101,29479.795.71$7,394
Sep 202101,15169.865.35$6,159
Aug 202101,16466.024.22$4,913
Jul 202101,24870.783.98$4,970
Jun 202101,12969.493.38$3,817
May 202101,22363.483.02$3,691
Apr 202101,12360.362.76$3,098
Mar 202101,37161.302.72$3,725
Feb 2021089257.805.55$4,949
Jan 202101,33150.412.81$3,740
Dec 202001,41044.642.68$3,772
Nov 202001,37338.772.71$3,716
Oct 202001,46536.972.48$3,631
Sep 20201711,42737.091.99$9,184
Aug 202001,43339.982.39$3,418
Jul 202001,50538.371.83$2,747
Jun 202001,44934.901.69$2,449
May 202001,50516.921.81$2,731
Apr 202001,45814.751.80$2,631
Mar 202001,48030.341.86$2,747
Feb 202001,41949.881.98$2,811
Jan 202001,52557.252.09$3,194
Dec 20191691,53559.012.30$13,510
Nov 201901,48455.302.75$4,082
Oct 201901,52453.472.42$3,686
Sep 201901,54655.052.66$4,108
Aug 201901,57353.112.30$3,625
Jul 201901,54756.272.46$3,806
Jun 201901,58852.782.49$3,956
May 201901,56458.482.74$4,286
Apr 201901,56662.632.75$4,308
Mar 201901,61256.803.06$4,936
Feb 201901,48550.852.79$4,146
Jan 20191871,65846.033.23$13,960
Dec 201801,69046.594.19$7,073
Nov 201801,63252.934.24$6,915
Oct 201801,34361.443.40$4,564
Sep 2018097359.543.11$3,024
Aug 201801,05059.403.07$3,220
Jul 201801,04165.142.93$3,052
Jun 201801,07960.183.08$3,320
May 201801,22665.382.90$3,556
Apr 201801,27363.842.90$3,693
Mar 201801,30061.222.79$3,623
Feb 20181881,21361.782.77$14,970
Jan 201801,40762.874.01$5,641
Dec 201701,37657.272.92$4,020
Nov 201701,38755.423.12$4,325
Oct 201701,43749.292.98$4,288
Sep 201701,44147.523.09$4,449
Aug 201701,32645.373.00$3,984
Jul 201701,04843.873.09$3,235
Jun 201701,03342.493.09$3,189
May 201701,19645.373.26$3,903
Apr 20171861,03747.933.21$12,245
Mar 201701,37146.772.98$4,091
Feb 2017093350.452.95$2,755
Jan 201701,39749.413.42$4,776
Dec 201601,47048.763.72$5,473
Nov 201601,38542.492.64$3,662
Oct 201601,46746.193.09$4,533
Sep 201601,23741.553.10$3,835
Aug 201601,52341.442.92$4,454
Jul 20161851,45441.622.92$11,952
Jun 201601,35145.352.69$3,629
May 201601,03442.521.99$2,059
Apr 2016098036.561.99$1,951
Mar 2016050833.011.79$911
Feb 2016069426.472.06$1,432
Jan 201601,09927.352.36$2,598
Dec 2015051932.362.00$1,039
Nov 201501,43038.792.17$3,099
Oct 201502,98543.552.43$7,243
Sep 201503,26742.992.76$9,012
Aug 20151863,45040.162.87$17,380
Jul 201502,64948.152.95$7,802
Jun 201502,53956.152.88$7,320
May 201502,53655.212.96$7,495
Apr 201502,33149.822.71$6,309
Mar 20151892,48042.892.93$15,384
Feb 201502,06044.662.98$6,131
Jan 201502,44143.433.10$7,569
Dec 201402,74054.693.59$9,840
Nov 201402,54970.464.25$10,838
Oct 201402,78378.303.90$10,856
Sep 20141872,81086.164.05$27,480
Aug 201402,87189.394.04$11,585
Jul 201403,04396.564.18$12,719
Jun 201402,69398.164.74$12,756
May 20141842,37294.734.73$28,642
Apr 201402,67495.944.81$12,860
Mar 201404,34195.895.06$21,952
Feb 201403,65197.406.19$22,607
Jan 20141894,60490.404.86$39,464
Dec 2013905,79891.824.35$33,511
Nov 201345,08888.853.74$19,376
Oct 20131995,75397.423.78$41,129
Sep 201314,568104.113.72$17,087
Aug 20131964,344104.253.52$35,735
Jul 201334,056102.523.72$15,387
Jun 201334,42594.403.93$17,689
May 20131883,80194.834.15$33,599
Apr 201334,37993.964.28$19,035
Mar 201354,18593.623.91$16,843
Feb 20131863,85391.233.42$30,146
Jan 201354,51991.603.42$15,913
Dec 201215,71486.773.42$19,630
Nov 20121964,44086.953.62$33,137
Oct 201203,63289.383.40$12,348
Sep 20121832,86694.672.92$25,689
Aug 201202,97792.662.91$8,658
Jul 20121821,21485.133.02$19,161
Jun 201222,10979.822.52$5,472
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20120950101.102.57$2,442
Jan 201201,07298.092.73$2,931
Dec 2011017196.873.24$554
Nov 20111931,74895.723.31$24,262
Oct 201102,45184.983.65$8,943
Sep 201102,68283.623.99$10,690
Aug 201102,88683.404.15$11,975
Jul 20111933,33694.144.52$33,239
Jun 20111873,55092.904.64$33,844
May 201103,50498.134.40$15,434
Apr 201102,898105.964.33$12,558
Mar 201101,91396.364.06$7,762
Feb 20111712,30785.644.18$24,288
Jan 201102,81586.504.59$12,917
Dec 201002,71585.734.35$11,804
Nov 20101792,71980.843.80$24,790
Oct 20101863,47578.103.51$26,720
Sep 201002,80472.633.98$11,158
Aug 201002,50173.684.42$11,053
Jul 201002,85872.554.74$13,537
Jun 20101793,16470.364.91$28,131
May 201002,76371.124.24$11,702
Apr 20101722,84081.694.12$25,759
Mar 201003,36278.394.39$14,755
Feb 201002,66173.585.44$14,482
Jan 20101743,36074.365.96$32,978
Dec 200903,31771.445.48$18,190
Nov 200903,48174.593.75$13,059
Oct 20091933,74572.544.11$29,393
Sep 200903,74865.543.06$11,487
Aug 20091764,12067.423.22$25,126
Jul 200903,82861.133.46$13,262
Jun 20093683,85066.163.90$39,343
May 200904,50654.743.93$17,689
Apr 200903,09446.773.59$11,100
Mar 20093754,61842.144.06$34,547
Feb 200903,24532.814.63$15,034
Jan 20091833,99435.865.37$28,014
Dec 20082083,24237.105.98$27,095
Nov 200805,20655.496.86$35,715
Oct 200803,87975.246.92$26,850
Sep 200804,794101.767.88$37,763
Aug 200805,282114.228.48$44,807
Jul 20081744,327131.0811.39$72,090
Jun 200806,225131.3313.03$81,128
May 200805,056123.1711.57$58,520
Apr 200805,919110.3110.45$61,882
Mar 20081836,149101.909.66$78,072
Feb 200806,16592.538.77$54,071
Jan 200807,27690.388.21$59,705
Dec 200707,52888.337.30$54,969
Nov 200708,23891.677.29$60,069
Oct 200709,05082.856.92$62,644
Sep 200708,66175.846.24$54,081
Aug 200709,00069.066.39$57,491
Jul 20071889,47170.906.39$73,829
Jun 20071768,07762.007.55$71,881
May 20071909,19458.747.85$83,299
Apr 20071868,24059.617.81$75,402
Mar 200708,74956.927.30$63,885
Feb 20073677,98855.108.22$85,851
Jan 2007010,17350.306.73$68,432
Dec 2006010,52256.656.92$72,796
Nov 200636814,02354.207.62$126,766
Oct 200635318,72354.906.01$131,976
Sep 200667723,46860.085.04$158,887
Aug 20061088,01568.717.34$66,250
Jul 2006013569.376.34$856
Jun 200606,86666.286.38$43,832
May 200605,95966.016.42$38,287
Apr 2006013,31864.397.36$98,027
Mar 200617917,39156.707.08$133,328
Feb 2006016,94857.597.75$131,366
Jan 200618619,87060.598.93$188,775
Dec 2005023,02154.9413.42$308,836
Nov 200537629,25054.6910.59$330,274
Oct 2005049,67658.3413.80$685,318
Sep 2005047,02861.4512.08$568,051

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             0 bbl  × $106.41 =         $0
Gas                  933 Mcf  × $  3.05 =     $2,842

────────────────────────────────────────────────────
Month total                                   $2,842

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/212627 is the state's own key, not one this site invented.