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 212842District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Oct 2005 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
248
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 Gas112006-02-28167379
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
CondensateDisposition28,354 bbl$1,875,644
GasProduction1,199,369 Mcf$8,276,185
Total$10,151,830

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, -100.0428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46064, -100.04284 · 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
14,384 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 14,384 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-48331796301814,384 ftOct 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 (248)

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

248 months

May 20262358106.413.05$1,303
Apr 2026237998.932.87$1,285
Mar 2026238989.753.15$1,405
Feb 2026132563.503.75$1,282
Jan 2026331659.138.00$2,705
Dec 2025355156.664.41$2,602
Nov 2025344858.593.93$1,935
Oct 2025340759.383.30$1,523
Sep 2025244762.743.08$1,501
Aug 2025249963.933.01$1,632
Jul 2025227366.743.32$1,039
Jun 2025351866.483.13$1,820
May 2025449760.553.23$1,849
Apr 2025461462.363.54$2,425
Mar 2025248767.704.27$2,214
Feb 2025356270.884.34$2,652
Jan 2025246674.324.28$2,143
Dec 2024248168.993.12$1,639
Nov 2024344469.052.20$1,183
Oct 2024349871.372.28$1,350
Sep 2024345569.612.36$1,285
Aug 2024249975.632.06$1,181
Jul 2024351379.932.15$1,341
Jun 2024242978.082.63$1,286
May 2024349678.812.20$1,327
Apr 2024347984.451.66$1,048
Mar 2024351580.301.55$1,037
Feb 2024349076.091.78$1,102
Jan 2024251573.023.30$1,844
Dec 2023350371.262.61$1,527
Nov 2023447277.892.81$1,637
Oct 2023453785.443.09$2,000
Sep 2023253889.042.74$1,650
Aug 2023256280.522.67$1,663
Jul 2023479174.852.64$2,389
Jun 2023253468.962.26$1,344
May 2023476370.622.23$1,982
Apr 2023247278.122.24$1,212
Mar 2023248772.852.39$1,311
Feb 2023239175.112.47$1,114
Jan 2023238076.533.39$1,440
Dec 2022243076.415.73$2,616
Nov 2022244785.005.65$2,694
Oct 2022253187.185.86$3,288
Sep 2022256684.888.16$4,790
Aug 2022257994.529.13$5,474
Jul 20221507101.587.54$3,925
Jun 20222556115.097.98$4,666
May 20222585109.378.43$5,152
Apr 20221554104.226.84$3,892
Mar 20222559108.885.08$3,055
Feb 2022348391.054.86$2,620
Jan 2022254781.844.54$2,646
Dec 2021251271.323.90$2,139
Nov 2021351677.435.24$2,935
Oct 2021359179.795.71$3,616
Sep 2021260969.865.35$3,398
Aug 2021264266.024.22$2,842
Jul 2021260770.783.98$2,559
Jun 2021258969.493.38$2,130
May 2021254563.483.02$1,772
Apr 2021351160.362.76$1,591
Mar 2021246861.302.72$1,394
Feb 2021223957.805.55$1,442
Jan 2021359050.412.81$1,809
Dec 2020356444.642.68$1,643
Nov 2020263438.772.71$1,794
Oct 2020266236.972.48$1,715
Sep 2020266837.091.99$1,404
Aug 2020166739.982.39$1,631
Jul 2020147338.371.83$902
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 201908953.112.30$205
Jul 201906456.272.46$157
Jun 2019149352.782.49$1,281
May 2019032758.482.74$896
Apr 2019162462.632.75$1,779
Mar 2019178856.803.06$2,470
Feb 2019172550.852.79$2,075
Jan 2019172646.033.23$2,390
Dec 2018182246.594.19$3,487
Nov 2018176152.934.24$3,277
Oct 2018187261.443.40$3,025
Sep 2018186059.543.11$2,732
Aug 2018180059.403.07$2,513
Jul 2018079165.142.93$2,319
Jun 2018180060.183.08$2,522
May 2018184365.382.90$2,511
Apr 2018163163.842.90$1,894
Mar 2018178961.222.79$2,260
Feb 2018173061.782.77$2,081
Jan 2018180062.874.01$3,270
Dec 2017181557.272.92$2,438
Nov 2017186055.423.12$2,737
Oct 2017192949.292.98$2,821
Sep 2017184947.523.09$2,669
Aug 2017194445.373.00$2,882
Jul 2017194043.873.09$2,946
Jun 2017192542.493.09$2,898
May 2017196445.373.26$3,191
Apr 2017295047.933.21$3,147
Mar 2017297746.772.98$3,009
Feb 2017286650.452.95$2,658
Jan 2017190849.413.42$3,154
Dec 2016198248.763.72$3,705
Nov 201611,00642.492.64$2,703
Oct 201611,07846.193.09$3,377
Sep 201611,05241.553.10$3,303
Aug 201611,09841.442.92$3,252
Jul 201601,09641.622.92$3,205
Jun 201611,07645.352.69$2,935
May 201611,10242.521.99$2,237
Apr 2016288336.561.99$1,831
Mar 201621,08233.011.79$2,007
Feb 201611,02926.472.06$2,150
Jan 2016170627.352.36$1,697
Dec 201521,14132.362.00$2,348
Nov 201521,04238.792.17$2,336
Oct 201521,13443.552.43$2,839
Sep 201511,09842.992.76$3,072
Aug 201501,15240.162.87$3,309
Jul 201501,12248.152.95$3,304
Jun 201511,09656.152.88$3,216
May 201511,14455.212.96$3,436
Apr 201511,07749.822.71$2,965
Mar 201501,00642.892.93$2,952
Feb 2015077744.662.98$2,313
Jan 2015077543.433.10$2,403
Dec 2014084454.693.59$3,031
Nov 201416481770.464.25$15,029
Oct 2014086578.303.90$3,374
Sep 2014482386.164.05$3,674
Aug 2014087689.394.04$3,535
Jul 2014086196.564.18$3,599
Jun 2014098198.164.74$4,647
May 201402,01194.734.73$9,505
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201312791.824.35$209
Nov 201301,03288.853.74$3,858
Oct 201321,61897.423.78$6,310
Sep 201311,078104.113.72$4,112
Aug 20132895104.253.52$3,361
Jul 20131922,678102.523.72$29,640
Jun 20131893,83294.403.93$32,914
May 201313,66394.834.15$15,293
Apr 201313,79593.964.28$16,346
Mar 20131984,60793.623.91$36,563
Feb 201302,51591.233.42$8,601
Jan 20131953,28791.603.42$29,103
Dec 201213,31686.773.42$11,428
Nov 201213,24686.953.62$11,854
Oct 20121864,02389.383.40$30,302
Sep 201203,68594.672.92$10,754
Aug 20121894,63192.662.91$30,980
Jul 20121874,90985.133.02$30,748
Jun 201204,59279.822.52$11,567
May 201204,78591.612.49$11,907
Apr 20121924,531101.652.00$28,564
Mar 201204,539105.052.22$10,086
Feb 20121874,444101.102.57$30,328
Jan 20121975,15198.092.73$33,407
Dec 201115,24896.873.24$17,099
Nov 20111915,14995.723.31$35,332
Oct 201105,48284.983.65$20,001
Sep 20111905,50683.623.99$37,834
Aug 20111835,88183.404.15$39,664
Jul 20111876,09694.144.52$45,141
Jun 201105,85592.904.64$27,167
May 20111886,29198.134.40$46,159
Apr 20111966,269105.964.33$47,933
Mar 201106,04796.364.06$24,535
Feb 201106,52985.644.18$27,291
Jan 20112047,21586.504.59$50,754
Dec 20103897,07385.734.35$64,101
Nov 201017,28980.843.80$27,745
Oct 20101847,53678.103.51$40,813
Sep 20101867,40972.633.98$42,993
Aug 20101808,26773.684.42$49,797
Jul 20101767,74472.554.74$49,448
Jun 20103607,94170.364.91$64,323
May 201008,50571.124.24$36,021
Apr 20101838,67381.694.12$50,705
Mar 20101829,51378.394.39$56,016
Feb 20103638,65673.585.44$73,819
Jan 201018910,28974.365.96$75,419
Dec 2009010,42671.445.48$57,174
Nov 20093509,44474.593.75$61,536
Oct 200917910,67672.544.11$56,866
Sep 200936210,94265.543.06$57,260
Aug 200917610,51167.423.22$45,696
Jul 20093689,32761.133.46$54,809
Jun 20091839,39266.163.90$48,689
May 20091788,30354.743.93$42,339
Apr 20093679,23946.773.59$50,310
Mar 20093629,38142.144.06$53,332
Feb 20093748,67232.814.63$52,448
Jan 20091809,21935.865.37$55,970
Dec 20081758,84837.105.98$59,378
Nov 200806,65555.496.86$45,656
Oct 20083647,87775.246.92$81,912
Sep 20081868,123101.767.88$82,913
Aug 20081768,244114.228.48$90,037
Jul 20081847,421131.0811.39$108,640
Jun 20081775,058131.3313.03$89,164
May 200800123.1711.57$0
Apr 200801,289110.3110.45$13,476
Mar 2008011,624101.909.66$112,335
Feb 2008011,09392.538.77$97,292
Jan 2008012,44790.388.21$102,137
Dec 2007012,22388.337.30$89,252
Nov 200718711,90491.677.29$103,943
Oct 200718412,07482.856.92$98,820
Sep 2007012,08375.846.24$75,448
Aug 2007012,92969.066.39$82,590
Jul 200737313,36970.906.39$111,846
Jun 200737313,33762.007.55$123,800
May 200737514,16358.747.85$133,154
Apr 200736714,49259.617.81$134,990
Mar 200754816,50656.927.30$151,718
Feb 200736814,70955.108.22$141,126
Jan 200736417,34550.306.73$134,986
Dec 200655116,54856.656.92$145,701
Nov 200633116,71354.207.62$145,251
Oct 200655217,82554.906.01$137,501
Sep 200655318,62460.085.04$127,037
Aug 200636119,95768.717.34$171,287
Jul 200671921,89569.376.34$188,752
Jun 200653921,83166.286.38$175,091
May 200653624,70866.016.42$194,130
Apr 200691226,27664.397.36$252,128
Mar 200690930,28056.707.08$266,011
Feb 200686730,95457.597.75$289,859
Jan 20061,10440,93360.598.93$432,559
Dec 20051,64850,98654.9413.42$774,539
Nov 20052,38566,43454.6910.59$833,865
Oct 20052,86081,41358.3413.80$1,290,007

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                  358 Mcf  × $  3.05 =     $1,090

────────────────────────────────────────────────────
Month total                                   $1,303

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/212842 is the state's own key, not one this site invented.