STILES 1

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 212628District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.3 M
Jul 2005 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
251
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 Gas222006-02-27 – 2009-11-122 dockets
NGPA2none

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
CondensateDisposition13,391 bbl$934,348
GasProduction1,962,218 Mcf$13,368,869
Total$14,303,217

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 35.4409, -100.0899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44092, -100.08989 · 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
16,799 ft
1 wells filed one
Completion to plug
16.1 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 16,799 ft.

Completions filed
Sep 2009
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4833182110116,799 ftSep 2009Oct 2025Yes

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 (251)

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

251 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 2025216359.383.30$657
Sep 2025232862.743.08$1,135
Aug 2025345763.933.01$1,570
Jul 2025241366.743.32$1,503
Jun 2025236366.483.13$1,269
May 2025446560.553.23$1,745
Apr 2025456862.363.54$2,262
Mar 2025363567.704.27$2,913
Feb 2025251670.884.34$2,382
Jan 2025354574.324.28$2,555
Dec 2024359568.993.12$2,064
Nov 2024566369.052.20$1,803
Oct 2024462771.372.28$1,716
Sep 2024357069.612.36$1,557
Aug 2024365675.632.06$1,581
Jul 2024366179.932.15$1,659
Jun 2024248678.082.63$1,436
May 2024361978.812.20$1,597
Apr 2024468484.451.66$1,473
Mar 20249781180.301.55$9,042
Feb 2024590376.091.78$1,991
Jan 2024253473.023.30$1,907
Dec 2023470571.262.61$2,126
Nov 2023675877.892.81$2,595
Oct 2023572285.443.09$2,656
Sep 2023374489.042.74$2,302
Aug 20236985280.522.67$7,833
Jul 2023486474.852.64$2,582
Jun 2023476468.962.26$2,001
May 2023590570.622.23$2,369
Apr 2023390778.122.24$2,264
Mar 2023492372.852.39$2,500
Feb 20236868375.112.47$6,792
Jan 2023487376.533.39$3,264
Dec 2022461676.415.73$3,835
Nov 2022385685.005.65$5,088
Oct 2022491,02387.185.86$10,270
Sep 2022489184.888.16$7,613
Aug 2022487394.529.13$8,346
Jul 20221883101.587.54$6,761
Jun 20222410115.097.98$3,501
May 202251,080109.378.43$9,655
Apr 202231,350104.226.84$9,543
Mar 202241,260108.885.08$6,832
Feb 202271,31091.054.86$7,002
Jan 202241,39981.844.54$6,676
Dec 202161,33071.323.90$5,614
Nov 20211941,29477.435.24$21,798
Oct 202151,17279.795.71$7,096
Sep 202141,18969.865.35$6,642
Aug 202151,17566.024.22$5,289
Jul 202151,53670.783.98$6,470
Jun 202151,42069.493.38$5,148
May 202161,42763.483.02$4,687
Apr 202181,39560.362.76$4,331
Mar 20211101,85561.302.72$11,783
Feb 2021570557.805.55$4,200
Jan 202191,56150.412.81$4,841
Dec 202081,48644.642.68$4,333
Nov 202062,49338.772.71$6,980
Oct 2020243236.972.48$1,145
Sep 202041,67137.091.99$3,475
Aug 202031,77739.982.39$4,358
Jul 202031,64938.371.83$3,125
Jun 202041,80034.901.69$3,182
May 202041,68116.921.81$3,118
Apr 202041,73214.751.80$3,184
Mar 202041,83630.341.86$3,529
Feb 202031,70049.881.98$3,517
Jan 202041,87857.252.09$4,163
Dec 201951,89759.012.30$4,666
Nov 201941,80955.302.75$5,197
Oct 201951,89853.472.42$4,858
Sep 201941,83855.052.66$5,104
Aug 201931,87953.112.30$4,489
Jul 20191191,85856.272.46$11,267
Jun 201921,89952.782.49$4,836
May 201922,15458.482.74$6,020
Apr 201901,02562.632.75$2,819
Mar 201901,87656.803.06$5,745
Feb 20191871,68750.852.79$14,219
Jan 201922,10546.033.23$6,887
Dec 201821,91546.594.19$8,108
Nov 201832,28352.934.24$9,832
Oct 201821,97161.443.40$6,821
Sep 201822,03259.543.11$6,435
Aug 201822,23859.403.07$6,982
Jul 201812,17565.142.93$6,442
Jun 20181862,24660.183.08$18,104
May 201832,67265.382.90$7,947
Apr 201832,37963.842.90$7,093
Mar 201832,32161.222.79$6,652
Feb 201822,08361.782.77$5,885
Jan 201832,44562.874.01$9,991
Dec 201732,41357.272.92$7,221
Nov 201722,29155.423.12$7,255
Oct 201742,44949.292.98$7,504
Sep 20171722,39447.523.09$15,564
Aug 201722,31345.373.00$7,040
Jul 201712,49643.873.09$7,750
Jun 201722,52842.493.09$7,890
May 201732,41645.373.26$8,020
Apr 201742,38047.933.21$7,835
Mar 201732,00246.772.98$6,114
Feb 201742,40850.452.95$7,312
Jan 20171812,43849.413.42$17,278
Dec 201622,55348.763.72$9,602
Nov 201632,62342.492.64$7,064
Oct 201642,88446.193.09$9,097
Sep 201622,86241.553.10$8,957
Aug 201612,48741.442.92$7,314
Jul 20161902,95041.622.92$16,535
Jun 201622,94945.352.69$8,011
May 201632,87042.521.99$5,842
Apr 201652,87836.561.99$5,913
Mar 20161923,04933.011.79$11,808
Feb 201622,23926.472.06$4,673
Jan 201642,62927.352.36$6,325
Dec 201542,38332.362.00$4,899
Nov 20151903,41538.792.17$14,772
Oct 201552,77443.552.43$6,949
Sep 201521,75042.992.76$4,913
Aug 201513,77740.162.87$10,890
Jul 201512,51548.152.95$7,455
Jun 201523,75556.152.88$10,937
May 201532,55955.212.96$7,729
Apr 20151944,43349.822.71$21,663
Mar 201503,39942.892.93$9,975
Feb 201501,59244.662.98$4,738
Jan 201504,79543.433.10$14,868
Dec 201401,90154.693.59$6,827
Nov 201405,46870.464.25$23,249
Oct 201403,68178.303.90$14,359
Sep 201402,98486.164.05$12,072
Aug 20141785,19689.394.04$36,878
Jul 201402,78396.564.18$11,632
Jun 201404,65198.164.74$22,031
May 201402,85394.734.73$13,485
Apr 20141855,19195.944.81$42,713
Mar 201403,94695.895.06$19,954
Feb 201405,65697.406.19$35,022
Jan 201404,24390.404.86$20,624
Dec 20131344,56191.824.35$32,165
Nov 20131276,22188.853.74$34,540
Oct 201385,03997.423.78$19,824
Sep 201357,335104.113.72$27,790
Aug 20131863,810104.253.52$32,812
Jul 201345,238102.523.72$19,884
Jun 201325,94694.403.93$23,577
May 201315,81094.834.15$24,201
Apr 20131847,94993.964.28$51,331
Mar 201346,20093.623.91$24,634
Feb 201346,26591.233.42$21,791
Jan 201345,17491.603.42$18,061
Dec 20121793,88386.773.42$28,812
Nov 201236,33086.953.62$23,207
Oct 201202,86889.383.40$9,750
Sep 201204,14494.672.92$12,094
Aug 201215,09292.662.91$14,901
Jul 20121867,36685.133.02$38,085
Jun 201226,96179.822.52$17,695
May 201216,46091.612.49$16,166
Apr 20121925,591101.652.00$30,681
Mar 201205,605105.052.22$12,455
Feb 201215,493101.102.57$14,219
Jan 201203,99598.092.73$10,923
Dec 20111637,05396.873.24$38,640
Nov 201115,86495.723.31$19,513
Oct 20111946,14784.983.65$38,914
Sep 201114,88583.623.99$19,554
Aug 201137,24783.404.15$30,320
Jul 20111885,13294.144.52$40,881
Jun 201106,20092.904.64$28,767
May 201106,77398.134.40$29,834
Apr 20111885,534105.964.33$43,901
Mar 201106,76796.364.06$27,456
Feb 201106,23185.644.18$26,045
Jan 201107,62786.504.59$34,999
Dec 20101847,46085.734.35$48,209
Nov 201008,09780.843.80$30,731
Oct 201019,77478.103.51$34,374
Sep 201017910,80272.633.98$55,987
Aug 201019,95473.684.42$44,064
Jul 201018910,12472.554.74$61,664
Jun 20101808,83570.364.91$56,048
May 201009,63671.124.24$40,811
Apr 201018811,01481.694.12$60,765
Mar 201018713,81278.394.39$75,275
Feb 201035614,18473.585.44$103,389
Jan 201018317,20974.365.96$116,244
Dec 200937417,07171.445.48$120,332
Nov 200919515,30874.593.75$71,973
Oct 200936425,12472.544.11$129,670
Sep 2009011,03265.543.06$33,810
Aug 20090067.423.22$0
Jul 200904,27761.133.46$14,818
Jun 200905,40266.163.90$21,041
May 200907,40554.743.93$29,070
Apr 200906,49846.773.59$23,312
Mar 200907,22842.144.06$29,338
Feb 200906,36432.814.63$29,484
Jan 200907,59835.865.37$40,809
Dec 200807,44337.105.98$44,488
Nov 200808,38555.496.86$57,524
Oct 200809,59275.246.92$66,396
Sep 200808,825101.767.88$69,515
Aug 200809,968114.228.48$84,559
Jul 2008011,351131.0811.39$129,281
Jun 200817010,499131.3313.03$159,156
May 2008011,358123.1711.57$131,461
Apr 2008012,186110.3110.45$127,403
Mar 2008014,089101.909.66$136,157
Feb 200817113,60192.538.77$135,111
Jan 2008015,83790.388.21$129,954
Dec 2007016,95288.337.30$123,783
Nov 200715817,83191.677.29$144,502
Oct 2007018,01882.856.92$124,720
Sep 2007017,35775.846.24$108,380
Aug 200716919,10069.066.39$133,681
Jul 2007020,70970.906.39$132,288
Jun 200718321,97462.007.55$177,216
May 2007024,84258.747.85$194,917
Apr 2007026,00159.617.81$202,943
Mar 200718730,08456.927.30$230,317
Feb 200718920,05355.108.22$175,169
Jan 2007029,81150.306.73$200,534
Dec 200616431,20556.656.92$225,181
Nov 2006030,66754.207.62$233,605
Oct 200618233,11554.906.01$209,139
Sep 200618733,59560.085.04$180,460
Aug 200617836,34268.717.34$278,978
Jul 200618038,10869.376.34$254,197
Jun 200618038,53466.286.38$257,927
May 200618042,19266.016.42$282,965
Apr 200636842,38064.397.36$335,633
Mar 2006046,18756.707.08$327,139
Feb 200618144,92957.597.75$358,674
Jan 200633753,81860.598.93$501,192
Dec 200536957,76354.9413.42$795,187
Nov 200536161,36854.6910.59$669,532
Oct 200518561,88758.3413.80$864,571
Sep 200536745,39861.4512.08$570,915
Aug 2005904109,01761.519.80$1,123,627
Jul 200535240,85055.697.84$340,016

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.

Oct 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 59.38 =       $119
Gas                  163 Mcf  × $  3.30 =       $539

────────────────────────────────────────────────────
Month total                                     $657

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/212628 is the state's own key, not one this site invented.