STILES 3

Operated by TAPSTONE ENERGY, LLC (P-5 836005) 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 212754District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Oct 2005 – Dec 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 Gas112006-02-28167378
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
CondensateDisposition21,080 bbl$1,455,220
GasProduction828,596 Mcf$5,949,036
Total$7,404,256

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 35.4533, -100.0476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45330, -100.04756 · 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
14,400 ft
1 wells filed one
Completion to plug
15.2 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 14,400 ft.

Completions filed
Oct 2005
1 of 1 wells
Plug dates filed
Dec 2020
1 of 1 wells

Last completion to plug: a median of 15.2 years across the 1 well that filed both dates, with the middle half between 15.2 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4833185860314,400 ftOct 2005Dec 2020Yes

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 (183)

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

183 months

Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
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 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015124640.162.87$4,997
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20151903,75442.892.93$19,166
Feb 201503,59444.662.98$10,696
Jan 201503,73043.433.10$11,565
Dec 20141916,44054.693.59$33,574
Nov 201409,40670.464.25$39,993
Oct 20142028,91378.303.90$50,586
Sep 20142028,44686.164.05$51,572
Aug 20142199,23589.394.04$56,841
Jul 20142009,99696.564.18$61,091
Jun 20141869,00298.164.74$60,899
May 20141949,49894.734.73$63,270
Apr 201408,29195.944.81$39,872
Mar 20141968,14795.895.06$59,992
Feb 20141839,78697.406.19$78,419
Jan 201418810,09490.404.86$66,059
Dec 20133718,45291.824.35$70,869
Nov 20131934,23388.853.74$32,972
Oct 201386,70197.423.78$26,105
Sep 20131855,765104.113.72$40,693
Aug 201355,777104.253.52$20,871
Jul 20131877,632102.523.72$47,545
Jun 20131924,35594.403.93$35,255
May 20131914,12294.834.15$35,215
Apr 201323,23393.964.28$14,034
Mar 20131872,90393.623.91$28,866
Feb 201312,57391.233.42$8,891
Jan 201353,52891.603.42$12,523
Dec 201219452986.773.42$18,643
Nov 201243,07786.953.62$11,502
Oct 201203,32189.383.40$11,290
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010173272.554.74$12,561
Jun 20101170.364.91$75
May 201003,63371.124.24$15,387
Apr 201007,32481.694.12$30,195
Mar 20103646,97878.394.39$59,158
Feb 201006,52373.585.44$35,501
Jan 20101857,69274.365.96$59,632
Dec 200907,79171.445.48$42,724
Nov 20091947,18174.593.75$41,410
Oct 200907,88472.544.11$32,405
Sep 20091917,64365.543.06$35,942
Aug 20091807,73967.423.22$37,044
Jul 20091807,19861.133.46$35,941
Jun 20091886,68666.163.90$38,480
May 20091826,80554.743.93$36,677
Apr 20091816,51746.773.59$31,845
Mar 20091916,59842.144.06$34,830
Feb 20091675,70432.814.63$31,906
Jan 20093665,23035.865.37$41,215
Dec 200805,12237.105.98$30,615
Nov 200805,15655.496.86$35,372
Oct 20081775,00575.246.92$47,962
Sep 20083715,249101.767.88$79,100
Aug 200805,737114.228.48$48,667
Jul 200806,203131.0811.39$70,649
Jun 20081806,117131.3313.03$103,360
May 20081755,454123.1711.57$84,681
Apr 20082254,487110.3110.45$71,731
Mar 20081805,505101.909.66$71,543
Feb 20081946,56092.538.77$75,486
Jan 200808,39890.388.21$68,912
Dec 20073487,91988.337.30$88,563
Nov 20073896,45091.677.29$82,691
Oct 200706,61182.856.92$45,761
Sep 20071826,84075.846.24$56,513
Aug 20071917,32669.066.39$59,989
Jul 20073727,67070.906.39$75,370
Jun 20071917,98362.007.55$72,101
May 20071949,53058.747.85$86,171
Apr 20071919,91759.617.81$88,790
Mar 200736711,23656.927.30$102,935
Feb 20071799,77255.108.22$90,150
Jan 20071809,99750.306.73$76,302
Dec 200637910,60656.656.92$94,847
Nov 200638910,84554.207.62$103,695
Oct 200635112,00254.906.01$91,448
Sep 200636312,61560.085.04$85,353
Aug 200635414,13368.717.34$128,058
Jul 200635515,19169.376.34$120,979
Jun 200654015,67766.286.38$135,871
May 200635718,78566.016.42$144,259
Apr 200673220,64264.397.36$199,069
Mar 200636124,00856.707.08$190,515
Feb 200674724,89957.597.75$236,015
Jan 200691935,57760.598.93$373,503
Dec 20051,28245,78654.9413.42$684,671
Nov 20051,80858,91454.6910.59$722,685
Oct 20051,11439,00458.3413.80$603,081

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.

Aug 2015 — as filed, then multipliedworked
Condensate           124 bbl  × $ 40.16 =     $4,980
Gas                    6 Mcf  × $  2.87 =        $17

────────────────────────────────────────────────────
Month total                                   $4,997

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/212754 is the state's own key, not one this site invented.