STILES 4

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 214573District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Feb 2006 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
244
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 Gas112006-05-10167867
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
CondensateDisposition26,603 bbl$1,857,250
GasProduction783,775 Mcf$4,412,038
Total$6,269,288

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 35.4501, -100.0606. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45013, -100.06056 · 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
14,400 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 14,400 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-4833185530414,400 ftFeb 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 (244)

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

244 months

May 20262412106.413.05$1,468
Apr 2026345898.932.87$1,611
Mar 2026350189.753.15$1,847
Feb 2026245363.503.75$1,826
Jan 2026347459.138.00$3,968
Dec 2025350056.664.41$2,377
Nov 2025350658.593.93$2,163
Oct 2025453159.383.30$1,992
Sep 2025351262.743.08$1,764
Aug 2025358763.933.01$1,961
Jul 20257855066.743.32$7,029
Jun 2025353966.483.13$1,886
May 2025455960.553.23$2,049
Apr 2025452962.363.54$2,124
Mar 2025357067.704.27$2,636
Feb 2025351170.884.34$2,431
Jan 2025357674.324.28$2,687
Dec 2024361768.993.12$2,133
Nov 2024462969.052.20$1,659
Oct 2024463171.372.28$1,725
Sep 2024466569.612.36$1,851
Aug 2024370875.632.06$1,688
Jul 2024472179.932.15$1,867
Jun 2024258378.082.63$1,692
May 2024472278.812.20$1,903
Apr 2024478884.451.66$1,645
Mar 2024584180.301.55$1,701
Feb 2024478276.091.78$1,699
Jan 2024245773.023.30$1,653
Dec 2023587371.262.61$2,635
Nov 2023787477.892.81$2,999
Oct 2023689985.443.09$3,288
Sep 2023483789.042.74$2,645
Aug 2023393880.522.67$2,749
Jul 2023595374.852.64$2,892
Jun 2023496168.962.26$2,446
May 202361,04770.622.23$2,756
Apr 202341,03878.122.24$2,635
Mar 202341,04572.852.39$2,792
Feb 2023494075.112.47$2,618
Jan 202351,00976.533.39$3,801
Dec 202261,02176.415.73$6,308
Nov 202241,00785.005.65$6,026
Oct 202251,37087.185.86$8,469
Sep 202251,10184.888.16$9,413
Aug 202241,11494.529.13$10,546
Jul 202221,098101.587.54$8,484
Jun 202231,021115.097.98$8,490
May 202241,053109.378.43$9,317
Apr 20221761,049104.226.84$25,515
Mar 202231,052108.885.08$5,667
Feb 2022586491.054.86$4,653
Jan 202241,11081.844.54$5,364
Dec 202161,12671.323.90$4,818
Nov 202161,08177.435.24$6,126
Oct 202151,15379.795.71$6,987
Sep 202141,12169.865.35$6,278
Aug 202141,16366.024.22$5,173
Jul 202141,14370.783.98$4,835
Jun 202141,12769.493.38$4,088
May 20211861,00063.483.02$14,825
Apr 202171,12060.362.76$3,512
Mar 202161,22161.302.72$3,685
Feb 2021460057.805.55$3,560
Jan 202171,24950.412.81$3,863
Dec 202061,19044.642.68$3,452
Nov 202041,25838.772.71$3,560
Oct 202041,31036.972.48$3,395
Sep 202031,24437.091.99$2,588
Aug 202031,32439.982.39$3,278
Jul 202021,27038.371.83$2,395
Jun 20201861,27934.901.69$8,653
May 202031,18716.921.81$2,205
Apr 202031,10614.751.80$2,040
Mar 202021,16330.341.86$2,219
Feb 202021,12049.881.98$2,318
Jan 2020881,22457.252.09$7,602
Dec 201931,21859.012.30$2,984
Nov 201931,29155.302.75$3,717
Oct 201931,38753.472.42$3,515
Sep 201931,35655.052.66$3,768
Aug 201921,39553.112.30$3,321
Jul 20191791,43456.272.46$13,600
Jun 201921,37952.782.49$3,541
May 201911,45158.482.74$4,035
Apr 201911,41462.632.75$3,952
Mar 201921,51556.803.06$4,753
Feb 20191851,34250.852.79$13,154
Jan 201921,49046.033.23$4,902
Dec 201821,44246.594.19$6,129
Nov 201821,34752.934.24$5,813
Oct 201821,52361.443.40$5,298
Sep 20181881,49959.543.11$15,852
Aug 201811,57159.403.07$4,877
Jul 201811,55265.142.93$4,615
Jun 201811,51860.183.08$4,731
May 20181871,58965.382.90$16,835
Apr 201821,56063.842.90$4,653
Mar 201821,64561.222.79$4,707
Feb 201821,44061.782.77$4,107
Jan 201821,60462.874.01$6,557
Dec 201721,65657.272.92$4,953
Nov 201711,55255.423.12$4,895
Oct 20171921,63549.292.98$14,342
Sep 201711,69247.523.09$5,271
Aug 20171781,69745.373.00$13,174
Jul 201711,70443.873.09$5,305
Jun 201721,66942.493.09$5,238
May 201721,76045.373.26$5,834
Apr 201731,70647.933.21$5,623
Mar 201731,70146.772.98$5,216
Feb 201731,54150.452.95$4,701
Jan 201721,72549.413.42$5,996
Dec 201621,69848.763.72$6,419
Nov 20161891,66742.492.64$12,439
Oct 201621,73046.193.09$5,439
Sep 201611,59141.553.10$4,975
Aug 20161831,61141.442.92$12,295
Jul 201601,49241.622.92$4,363
Jun 201611,50345.352.69$4,082
May 201621,54642.521.99$3,163
Apr 201631,55736.561.99$3,210
Mar 201631,53333.011.79$2,849
Feb 20161891,03626.472.06$7,141
Jan 2016277627.352.36$1,889
Dec 201542,60132.362.00$5,335
Nov 201531,88538.792.17$4,202
Oct 201541,75043.552.43$4,421
Sep 201511,83642.992.76$5,107
Aug 201511,91540.162.87$5,541
Jul 20151841,94948.152.95$14,600
Jun 201511,90656.152.88$5,551
May 201522,06055.212.96$6,199
Apr 20151892,00749.822.71$14,848
Mar 201502,16042.892.93$6,339
Feb 201502,03244.662.98$6,048
Jan 20151911,68243.433.10$13,510
Dec 201402,39454.693.59$8,598
Nov 201402,26970.464.25$9,647
Oct 20141852,39978.303.90$23,844
Sep 201402,36586.164.05$9,567
Aug 201402,51789.394.04$10,156
Jul 20141902,58396.564.18$29,142
Jun 201402,65298.164.74$12,562
May 20141892,77394.734.73$31,011
Apr 201402,77095.944.81$13,321
Mar 20141913,09595.895.06$33,966
Feb 201403,01197.406.19$18,644
Jan 20141963,31390.404.86$33,822
Dec 20132424,98291.824.35$43,914
Nov 20131931,61088.853.74$23,167
Oct 201323,15397.423.78$12,111
Sep 201313,350104.113.72$12,559
Aug 20131913,303104.253.52$31,547
Jul 201313,428102.523.72$12,847
Jun 20131853,37694.403.93$30,743
May 20131953,54894.834.15$33,213
Apr 20131843,45193.964.28$32,068
Mar 201303,30593.623.91$12,932
Feb 20131893,00591.233.42$27,519
Jan 20131953,20991.603.42$28,836
Dec 20121883,25986.773.42$27,459
Nov 201213,48386.953.62$12,713
Oct 20121873,55289.383.40$28,790
Sep 20121903,46594.672.92$28,100
Aug 20121853,51992.662.91$27,376
Jul 20121873,56985.133.02$26,701
Jun 201213,41979.822.52$8,692
May 20121863,43091.612.49$25,574
Apr 20121873,180101.652.00$25,358
Mar 201202,534105.052.22$5,631
Feb 20121722,974101.102.57$25,033
Jan 20121963,19198.092.73$27,950
Dec 20112003,17496.873.24$29,657
Nov 201103,02395.723.31$10,010
Oct 20111803,03184.983.65$26,355
Sep 20111882,84983.623.99$27,076
Aug 20111912,82983.404.15$27,668
Jul 20111882,71094.144.52$29,940
Jun 20111872,49492.904.64$28,944
May 201102,49998.134.40$11,008
Apr 20111992,349105.964.33$31,265
Mar 20111952,22696.364.06$27,822
Feb 201101,10685.644.18$4,623
Jan 20113811,80486.504.59$41,235
Dec 201001,51685.734.35$6,591
Nov 20101791,49880.843.80$20,156
Oct 201001,37878.103.51$4,835
Sep 201032,32272.633.98$9,458
Aug 201017178373.684.42$16,060
Jul 201017684772.554.74$16,781
Jun 201011,43670.364.91$7,122
May 20101751,29271.124.24$17,918
Apr 201001,40381.694.12$5,784
Mar 20101802,17578.394.39$23,656
Feb 20100073.585.44$0
Jan 201007774.365.96$459
Dec 200907271.445.48$395
Nov 20091921874.593.75$14,389
Oct 2009012272.544.11$501
Sep 20090065.543.06$0
Aug 20091781267.423.22$12,039
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080137.105.98$6
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200817126123.1711.57$21,363
Apr 200805,075110.3110.45$53,058
Mar 20081826,878101.909.66$85,015
Feb 20083556,93392.538.77$93,655
Jan 200808,57390.388.21$70,348
Dec 20073677,78588.337.30$89,263
Nov 200707,89091.677.29$57,532
Oct 20073688,42982.856.92$88,834
Sep 20073668,86075.846.24$83,081
Aug 20071899,39669.066.39$73,073
Jul 20073829,81370.906.39$89,769
Jun 200756110,63562.007.55$115,060
May 200718110,77158.747.85$95,144
Apr 200735810,74859.617.81$105,231
Mar 200756012,00156.927.30$119,506
Feb 200773610,26155.108.22$124,858
Jan 200718212,83450.306.73$95,487
Dec 200654413,73756.656.92$125,856
Nov 200635314,20454.207.62$127,331
Oct 200673515,95254.906.01$136,284
Sep 200652217,02560.085.04$117,120
Aug 200652619,81168.717.34$181,553
Jul 200689122,67769.376.34$205,643
Jun 200672226,15266.286.38$214,805
May 20061,07933,95766.016.42$289,399
Apr 20061,44541,07464.397.36$395,368
Mar 20062,31958,52356.707.08$546,001
Feb 20061,81451,78557.597.75$505,860

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                  412 Mcf  × $  3.05 =     $1,255

────────────────────────────────────────────────────
Month total                                   $1,468

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/214573 is the state's own key, not one this site invented.