STILES 67

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) 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 215204District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Dec 2005 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
114
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 Gas112006-12-19168109
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
CondensateDisposition24,283 bbl$1,655,027
GasProduction564,377 Mcf$3,947,448
Total$5,602,475

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 35.4354, -100.0697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43536, -100.06975 · 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
14,010 ft
1 wells filed one
Completion to plug
7.2 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 14,010 ft.

Completions filed
Dec 2005
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 7.2 years across the 1 well that filed both dates, with the middle half between 7.2 years and 7.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331957606714,010 ftDec 2005Feb 2013Yes

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 (114)

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

114 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013106093.964.28$9,960
Mar 20130093.623.91$0
Feb 201319136791.233.42$18,680
Jan 20131941,04491.603.42$21,341
Dec 2012083186.773.42$2,842
Nov 201220094586.953.62$20,816
Oct 2012091789.383.40$3,118
Sep 201219621594.672.92$19,183
Aug 20121851,25692.662.91$20,795
Jul 201201,13585.133.02$3,429
Jun 201201,87379.822.52$4,718
May 201203,41991.612.49$8,508
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 201080073.684.42$5,894
Jul 20100072.554.74$0
Jun 2010033870.364.91$1,660
May 201024,23971.124.24$18,095
Apr 20101903,22181.694.12$28,800
Mar 20102033,63878.394.39$31,879
Feb 20102033,02073.585.44$31,373
Jan 20102014,75274.365.96$43,288
Dec 20091945,60771.445.48$44,607
Nov 20091896,58474.593.75$38,797
Oct 20093072.544.11$218
Sep 20091894,18365.543.06$25,207
Aug 20091975,23067.423.22$30,115
Jul 20091864,66561.133.46$27,532
Jun 20091824,70066.163.90$30,348
May 20092025,01754.743.93$30,753
Apr 20094115,39346.773.59$38,570
Mar 2009145,40342.144.06$22,521
Feb 20092144,90832.814.63$29,760
Jan 20092065,99535.865.37$39,586
Dec 20082056,18437.105.98$44,568
Nov 20082225,97455.496.86$53,303
Oct 20083956,14575.246.92$72,255
Sep 20082026,568101.767.88$72,292
Aug 20081957,293114.228.48$84,140
Jul 20081997,238131.0811.39$108,522
Jun 20083647,324131.3313.03$143,255
May 20082067,270123.1711.57$109,518
Apr 20082097,019110.3110.45$96,437
Mar 20082077,439101.909.66$92,984
Feb 20083816,89992.538.77$95,762
Jan 20084196,87090.388.21$94,243
Dec 20074057,09488.337.30$87,574
Nov 2007247,21891.677.29$54,832
Oct 20074017,93482.856.92$88,142
Sep 20073507,95575.846.24$76,216
Aug 20072078,68069.066.39$69,743
Jul 20075949,14070.906.39$100,500
Jun 20074009,08562.007.55$93,378
May 200721211,17658.747.85$100,143
Apr 20075554,39859.617.81$67,411
Mar 200720710,27956.927.30$86,839
Feb 200743910,16155.108.22$107,672
Jan 200744011,84550.306.73$101,812
Dec 200641812,32156.656.92$108,922
Nov 200641712,69254.207.62$119,282
Oct 200661913,51354.906.01$115,248
Sep 200640313,95460.085.04$94,501
Aug 200680016,22368.717.34$174,044
Jul 200678217,86769.376.34$167,573
Jun 200660021,07966.286.38$174,334
May 20061,37429,99566.016.42$283,416
Apr 200694522,02864.397.36$222,985
Mar 20061,62840,57556.707.08$379,697
Feb 20062,68647,36657.597.75$521,826
Jan 20062,03540,68160.598.93$486,717
Dec 20050054.9413.42$0

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.

Apr 2013 — as filed, then multipliedworked
Condensate           106 bbl  × $ 93.96 =     $9,960
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                   $9,960

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/215204 is the state's own key, not one this site invented.