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 217753District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Jun 2006 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
240
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 Gas112006-09-18170008
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
CondensateDisposition29,104 bbl$2,110,718
GasProduction1,120,447 Mcf$6,667,918
Total$8,778,636

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 35.4644, -100.0474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46441, -100.04744 · 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
Jun 2006
1 of 1 wells

1 well

42-48332017501814,400 ftJun 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 (240)

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

240 months

May 20261140106.413.05$533
Apr 2026117198.932.87$590
Mar 2026117489.753.15$638
Feb 2026116163.503.75$667
Jan 2026117359.138.00$1,443
Dec 2025121556.664.41$1,006
Nov 2025120658.593.93$867
Oct 2025223159.383.30$882
Sep 2025121962.743.08$737
Aug 2025231063.933.01$1,062
Jul 2025117666.743.32$650
Jun 2025112366.483.13$451
May 2025117160.553.23$613
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
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 2017122045.373.00$5,535
Jul 20170043.873.09$0
Jun 2017025542.493.09$787
May 2017161145.373.26$2,039
Apr 2017156447.933.21$1,859
Mar 2017153746.772.98$1,649
Feb 2017151850.452.95$1,580
Jan 2017161149.413.42$2,138
Dec 2016052148.763.72$1,940
Nov 2016168342.492.64$1,849
Oct 2016177446.193.09$2,438
Sep 2016184441.553.10$2,658
Aug 2016083941.442.92$2,454
Jul 201601,15041.622.92$3,363
Jun 201601,46845.352.69$3,943
May 201601,31242.521.99$2,612
Apr 201611,23336.561.99$2,492
Mar 201611,33633.011.79$2,430
Feb 201611,62826.472.06$3,386
Jan 201622,12527.352.36$5,079
Dec 201522,39532.362.00$4,858
Nov 20151912,41338.792.17$12,639
Oct 201532,49543.552.43$6,185
Sep 201512,53442.992.76$7,033
Aug 201512,33940.162.87$6,759
Jul 20151892,57148.152.95$16,672
Jun 201512,76756.152.88$8,033
May 201522,94855.212.96$8,823
Apr 201512,90149.822.71$7,902
Mar 20151863,17942.892.93$17,307
Feb 201502,99344.662.98$8,908
Jan 201503,36343.433.10$10,427
Dec 20141933,24854.693.59$22,220
Nov 201403,08970.464.25$13,134
Oct 20141963,81578.303.90$30,229
Sep 201403,73286.164.05$15,098
Aug 201404,05389.394.04$16,354
Jul 20141854,02796.564.18$34,695
Jun 20141853,94298.164.74$36,832
May 201404,07694.734.73$19,265
Apr 201401,73995.944.81$8,363
Mar 201401,65395.895.06$8,359
Feb 20141922,22897.406.19$32,497
Jan 20141971,58090.404.86$25,489
Dec 2013441,07991.824.35$8,739
Nov 201322,56088.853.74$9,748
Oct 20131812,93797.423.78$28,733
Sep 20131882,742104.113.72$29,767
Aug 201311104.253.52$108
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013051993.964.28$2,223
Mar 201301,22793.623.91$4,801
Feb 20131933,51291.233.42$29,618
Jan 201314,36591.603.42$15,020
Dec 20123906,41986.773.42$55,794
Nov 20121888,25186.953.62$46,256
Oct 201255311,74489.383.40$89,353
Sep 20121905,43594.672.92$33,849
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120679.822.52$15
May 20121934,25591.612.49$28,269
Apr 20121915,789101.652.00$30,975
Mar 201204,231105.052.22$9,402
Feb 201204,468101.102.57$11,484
Jan 20123905,51298.092.73$53,325
Dec 201104,00496.873.24$12,972
Nov 20111814,42695.723.31$31,981
Oct 20111914,97684.983.65$34,386
Sep 201104,11083.623.99$16,382
Aug 201104,92683.404.15$20,440
Jul 201104,66194.144.52$21,055
Jun 201104,09092.904.64$18,977
May 201105,26998.134.40$23,209
Apr 201104,901105.964.33$21,237
Mar 201104,76396.364.06$19,325
Feb 20111955,57185.644.18$39,986
Jan 20111945,58686.504.59$42,414
Dec 201006,59685.734.35$28,678
Nov 20101828,38080.843.80$46,518
Oct 201005,62678.103.51$19,741
Sep 201002,33772.633.98$9,300
Aug 201009,36773.684.42$41,396
Jul 20101839,14672.554.74$56,597
Jun 20103588,98270.364.91$69,294
May 20101828,90371.124.24$50,650
Apr 20101769,17581.694.12$52,203
Mar 20101848,89778.394.39$53,470
Feb 20101888,85873.585.44$62,041
Jan 201008,07074.365.96$48,130
Dec 20091769,53171.445.48$64,839
Nov 20093808,90274.593.75$61,740
Oct 2009010,40172.544.11$42,751
Sep 200935610,37465.543.06$55,126
Aug 2009011,31367.423.22$36,411
Jul 20091689,99161.133.46$44,884
Jun 200909,96366.163.90$38,806
May 2009010,50654.743.93$41,244
Apr 200916610,23746.773.59$44,489
Mar 200936911,51342.144.06$62,281
Feb 200934410,22132.814.63$58,641
Jan 200935712,12435.865.37$77,920
Dec 200836413,30637.105.98$93,036
Nov 200818514,50055.496.86$109,741
Oct 200819512,69375.246.92$102,532
Sep 200819711,953101.767.88$114,202
Aug 200835712,393114.228.48$145,907
Jul 200818213,108131.0811.39$173,149
Jun 200835712,887131.3313.03$214,836
May 200836413,825123.1711.57$204,848
Apr 200836113,530110.3110.45$181,276
Mar 200835211,390101.909.66$145,943
Feb 200854111,62392.538.77$151,999
Jan 200836012,64090.388.21$136,257
Dec 200737614,20588.337.30$136,937
Nov 200753313,89791.677.29$150,193
Oct 200753514,29282.856.92$143,254
Sep 200737614,20375.846.24$117,202
Aug 200738515,21569.066.39$123,781
Jul 200757616,08470.906.39$143,582
Jun 200794716,51062.007.55$183,339
May 2007017,86758.747.85$140,189
Apr 200738318,56559.617.81$167,734
Mar 200753822,47956.927.30$194,764
Feb 200754421,43755.108.22$206,101
Jan 200773823,78550.306.73$197,120
Dec 200673324,34456.656.92$209,947
Nov 200691626,44954.207.62$251,122
Oct 200673331,81854.906.01$231,589
Sep 20061,24538,48460.085.04$268,651
Aug 20061,59850,55568.717.34$480,868
Jul 20062,15268,00069.376.34$580,592
Jun 20062,87177,10366.286.38$682,506

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             1 bbl  × $106.41 =       $106
Gas                  140 Mcf  × $  3.05 =       $426

────────────────────────────────────────────────────
Month total                                     $533

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/217753 is the state's own key, not one this site invented.