STILES 3

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 215910District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Mar 2006 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
243
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 Gas112006-07-25168858
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
CondensateDisposition28,966 bbl$2,076,080
GasProduction1,862,944 Mcf$10,064,887
Total$12,140,967

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 35.4577, -100.0424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45772, -100.04240 · 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
16,600 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 16,600 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-4833197590316,600 ftMar 2015

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 (243)

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

243 months

May 20264878106.413.05$3,100
Apr 202661,02398.932.87$3,529
Mar 2026597589.753.15$3,519
Feb 202651,01363.503.75$4,117
Jan 202671,06159.138.00$8,900
Dec 20251241,18856.664.41$12,269
Nov 2025690658.593.93$3,909
Oct 202591,17259.383.30$4,408
Sep 202571,18662.743.08$4,088
Aug 202571,58363.933.01$5,220
Jul 2025991,53166.743.32$11,683
Jun 2025101,54966.483.13$5,511
May 2025121,56160.553.23$5,772
Apr 20251221,43662.363.54$12,696
Mar 202571,47867.704.27$6,782
Feb 202571,31870.884.34$6,217
Jan 202581,53874.324.28$7,175
Dec 202471,43668.993.12$4,965
Nov 20241451,51269.052.20$13,336
Oct 202491,31871.372.28$3,649
Sep 202461,15169.612.36$3,139
Aug 2024488875.632.06$2,135
Jul 2024592579.932.15$2,385
Jun 2024369878.082.63$2,073
May 2024589778.812.20$2,366
Apr 2024595884.451.66$2,012
Mar 202461,05980.301.55$2,118
Feb 2024692776.091.78$2,110
Jan 2024483273.023.30$3,036
Dec 202371,09871.262.61$3,365
Nov 202391,10377.892.81$3,798
Oct 2023931,15085.443.09$11,496
Sep 202351,15789.042.74$3,610
Aug 202341,23480.522.67$3,620
Jul 20231471,33374.852.64$14,524
Jun 202361,33168.962.26$3,420
May 202381,44770.622.23$3,788
Apr 202361,41578.122.24$3,635
Mar 2023911,51072.852.39$10,243
Feb 202381,62175.112.47$4,598
Jan 202381,62076.533.39$6,100
Dec 2022101,77176.415.73$10,910
Nov 202281,88285.005.65$11,306
Oct 202282,25287.185.86$13,903
Sep 20221992,52684.888.16$37,513
Aug 2022102,55494.529.13$24,256
Jul 202262,664101.587.54$20,702
Jun 202282,850115.097.98$23,656
May 20221353,151109.378.43$41,337
Apr 202272,857104.226.84$20,265
Mar 202282,782108.885.08$14,994
Feb 20222022,34091.054.86$29,762
Jan 202292,86881.844.54$13,751
Dec 2021142,91071.323.90$12,345
Nov 2021152,78677.435.24$15,751
Oct 20211992,96479.795.71$32,814
Sep 2021102,81569.865.35$15,761
Aug 2021113,03666.024.22$13,540
Jul 2021123,14970.783.98$13,389
Jun 20211953,13469.493.38$24,145
May 2021123,22463.483.02$10,491
Apr 2021183,17960.362.76$9,856
Mar 20212023,57961.302.72$22,107
Feb 2021122,89457.805.55$16,749
Jan 20212033,41650.412.81$19,833
Dec 2020163,32744.642.68$9,616
Nov 2020103,44038.772.71$9,698
Oct 2020113,64936.972.48$9,450
Sep 20201993,49237.091.99$14,334
Aug 202073,76239.982.39$9,253
Jul 202073,82238.371.83$7,244
Jun 20201913,85734.901.69$13,185
May 2020993,84316.921.81$8,649
Apr 202093,77814.751.80$6,950
Mar 20201973,88530.341.86$13,188
Feb 202073,77049.881.98$7,816
Jan 202094,24257.252.09$9,401
Dec 20191994,20059.012.30$21,421
Nov 2019104,22355.302.75$12,169
Oct 2019114,42353.472.42$11,285
Sep 20191964,34855.052.66$22,344
Aug 201974,45653.112.30$10,640
Jul 20191894,42056.272.46$21,509
Jun 201955,21652.782.49$13,258
May 201945,68658.482.74$15,815
Apr 20191895,65862.632.75$27,401
Mar 201955,69056.803.06$17,707
Feb 201943,93350.852.79$11,185
Jan 20191934,03346.033.23$21,903
Dec 20181954,25946.594.19$26,911
Nov 201854,16352.934.24$17,904
Oct 201844,53761.443.40$15,663
Sep 201844,45859.543.11$14,094
Aug 20181874,90159.403.07$26,137
Jul 201825,03065.142.93$14,878
Jun 201834,76660.183.08$14,845
May 20181894,92865.382.90$26,652
Apr 201844,16063.842.90$12,323
Mar 201854,93861.222.79$14,068
Feb 20181904,74061.782.77$24,850
Jan 201845,06662.874.01$20,563
Dec 20172014,91357.272.92$25,865
Nov 201745,18555.423.12$16,390
Oct 201775,40149.292.98$16,460
Sep 20171825,39547.523.09$25,305
Aug 201755,56145.373.00$16,934
Jul 201735,75043.873.09$17,883
Jun 20171945,47542.493.09$25,146
May 201755,67545.373.26$18,747
Apr 20171965,43447.933.21$26,846
Mar 201775,62846.772.98$17,120
Feb 20171914,91650.452.95$24,151
Jan 201744,91249.413.42$16,991
Dec 20161954,85248.763.72$27,571
Nov 201645,31942.492.64$14,235
Oct 201654,73846.193.09$14,873
Sep 201644,79541.553.10$15,034
Aug 20161895,84641.442.92$24,928
Jul 201615,84941.622.92$17,146
Jun 20161885,52945.352.69$23,376
May 201655,32342.521.99$10,811
Apr 201675,04936.561.99$10,309
Mar 201685,53233.011.79$10,189
Feb 20161955,21826.472.06$15,930
Jan 20161985,83927.352.36$19,221
Dec 201575,85332.362.00$11,941
Nov 20152005,72938.792.17$20,175
Oct 2015116,67743.552.43$16,681
Sep 20151886,74642.992.76$26,690
Aug 201527,25040.162.87$20,906
Jul 20151887,34448.152.95$30,681
Jun 20151907,00056.152.88$30,849
May 201567,19455.212.96$21,593
Apr 201536,77049.822.71$18,473
Mar 20151923,09042.892.93$17,303
Feb 201506,28044.662.98$18,690
Jan 20151957,17343.433.10$30,710
Dec 20141827,23654.693.59$35,941
Nov 201406,56370.464.25$27,905
Oct 20141905,38878.303.90$35,895
Sep 201405,93286.164.05$23,998
Aug 20142184,67489.394.04$38,347
Jul 201405,13696.564.18$21,466
Jun 201404,51898.164.74$21,401
May 201405,29094.734.73$25,004
Apr 20141795,23895.944.81$42,363
Mar 201405,28295.895.06$26,710
Feb 20141925,10297.406.19$50,292
Jan 201405,38790.404.86$26,185
Dec 2013905,08691.824.35$30,411
Nov 20131914,44988.853.74$33,602
Oct 201348,41097.423.78$32,174
Sep 20132075,419104.113.72$41,697
Aug 201325,368104.253.52$19,118
Jul 20131895,629102.523.72$40,303
Jun 201354,90294.403.93$19,754
May 201324,95194.834.15$20,732
Apr 20131853,59893.964.28$32,791
Mar 201301,77993.623.91$6,961
Feb 201301,31691.233.42$4,501
Jan 201301,10891.603.42$3,789
Dec 201218141986.773.42$17,138
Nov 201203,99986.953.62$14,496
Oct 201203,65489.383.40$12,422
Sep 201204,38394.672.92$12,791
Aug 20121824,71792.662.91$30,582
Jul 201204,82185.133.02$14,563
Jun 201214,90879.822.52$12,443
May 20121944,87391.612.49$29,898
Apr 20121844,681101.652.00$28,051
Mar 201205,008105.052.22$11,128
Feb 201204,922101.102.57$12,651
Jan 20121985,93198.092.73$35,638
Dec 201106,27796.873.24$20,336
Nov 201105,17595.723.31$17,136
Oct 201105,71884.983.65$20,862
Sep 20111876,21883.623.99$40,421
Aug 20113727,41483.404.15$61,788
Jul 201108,59894.144.52$38,839
Jun 20111818,20292.904.64$54,871
May 201109,25598.134.40$40,767
Apr 201109,564105.964.33$41,443
Mar 20111949,64196.364.06$57,811
Feb 201108,63785.644.18$36,102
Jan 20111969,42086.504.59$60,180
Dec 201009,92085.734.35$43,130
Nov 201019710,09280.843.80$54,228
Oct 2010011,17878.103.51$39,222
Sep 20101803,68672.633.98$27,742
Aug 20101719,83273.684.42$56,050
Jul 20103589,53772.554.74$71,145
Jun 2010010,14470.364.91$49,811
May 2010010,37171.124.24$43,923
Apr 201018611,01781.694.12$60,614
Mar 201018212,03478.394.39$67,080
Feb 201017711,19873.585.44$73,967
Jan 201018212,65174.365.96$88,985
Dec 200918412,71071.445.48$82,843
Nov 2009012,53174.593.75$47,010
Oct 200938213,39272.544.11$82,755
Sep 200917412,66865.543.06$50,228
Aug 200917913,40867.423.22$55,222
Jul 200918912,38661.133.46$54,465
Jun 200936512,35166.163.90$72,256
May 200917212,69754.743.93$59,261
Apr 200937213,04746.773.59$64,205
Mar 200918012,89542.144.06$59,926
Feb 200954112,19432.814.63$74,245
Jan 200971114,02535.865.37$100,825
Dec 2008013,93037.105.98$83,262
Nov 200818015,06655.496.86$113,346
Oct 2008016,42275.246.92$113,673
Sep 200853116,257101.767.88$182,092
Aug 200835518,834114.228.48$200,317
Jul 200817719,892131.0811.39$249,760
Jun 200835018,429131.3313.03$286,144
May 200834721,432123.1711.57$290,800
Apr 200836122,737110.3110.45$277,534
Mar 200853024,368101.909.66$289,501
Feb 200835422,11992.538.77$226,752
Jan 200836726,21890.388.21$248,307
Dec 200773530,94288.337.30$290,860
Nov 200756232,87691.677.29$291,240
Oct 200793138,39982.856.92$342,930
Sep 200775343,51975.846.24$328,847
Aug 20071,51451,02869.066.39$430,521
Jul 200776367,09870.906.39$482,715
Jun 20071,24967,73262.007.55$588,710
May 200705,26058.747.85$41,271
Apr 200707,84659.617.81$61,240
Mar 20071809,61456.927.30$80,447
Feb 200709,94255.108.22$81,683
Jan 2007010,19650.306.73$68,587
Dec 2006010,86056.656.92$75,134
Nov 200617912,25954.207.62$103,084
Oct 2006013,29954.906.01$79,978
Sep 200618815,19660.085.04$87,840
Aug 200617818,24168.717.34$146,118
Jul 200617721,77669.376.34$150,398
Jun 200618024,96266.286.38$171,285
May 200617736,96766.016.42$249,197
Apr 200635961,09664.397.36$472,812
Mar 2006018,03456.707.08$127,733

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             4 bbl  × $106.41 =       $426
Gas                  878 Mcf  × $  3.05 =     $2,674

────────────────────────────────────────────────────
Month total                                   $3,100

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/215910 is the state's own key, not one this site invented.