STILES 1

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 217754District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$33.0 M
May 2006 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
241
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 Gas112006-09-11170009
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
CondensateDisposition25,216 bbl$1,695,214
GasProduction4,647,332 Mcf$31,273,005
Total$32,968,219

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 35.4353, -100.0830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43534, -100.08301 · 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
16,750 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 16,750 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-4833200220116,750 ftJun 2010

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 (241)

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

241 months

May 20264776106.413.05$2,789
Apr 2026692198.932.87$3,237
Mar 2026597889.753.15$3,529
Feb 2026490863.503.75$3,659
Jan 2026684959.138.00$7,145
Dec 2025694256.664.41$4,497
Nov 2025696258.593.93$4,129
Oct 202581,05359.383.30$3,955
Sep 2025698262.743.08$3,398
Aug 202551,09263.933.01$3,612
Jul 202551,04166.743.32$3,785
Jun 2025697166.483.13$3,437
May 202581,03260.553.23$3,820
Apr 2025797262.363.54$3,880
Mar 202541,02367.704.27$4,637
Feb 2025587970.884.34$4,170
Jan 2025592874.324.28$4,342
Dec 202451,00268.993.12$3,473
Nov 202471,04069.052.20$2,770
Oct 202471,09971.372.28$3,007
Sep 202461,05469.612.36$2,910
Aug 202441,05075.632.06$2,469
Jul 202461,04579.932.15$2,723
Jun 2024383978.082.63$2,444
May 2024591178.812.20$2,397
Apr 202461,03884.451.66$2,229
Mar 2024595380.301.55$1,874
Feb 2024699676.091.78$2,233
Jan 2024486673.023.30$3,148
Dec 2023692671.262.61$2,845
Nov 2023795477.892.81$3,224
Oct 202381,14685.443.09$4,222
Sep 202361,39789.042.74$4,355
Aug 2023483380.522.67$2,549
Jul 202361,16874.852.64$3,535
Jun 202351,19468.962.26$3,041
May 202371,14070.622.23$3,034
Apr 202351,22378.122.24$3,127
Mar 202351,29672.852.39$3,466
Feb 202361,18575.112.47$3,372
Jan 202371,40776.533.39$5,302
Dec 202261,24976.415.73$7,614
Nov 202251,11685.005.65$6,726
Oct 202261,53987.185.86$9,547
Sep 202251,23884.888.16$10,531
Aug 202251,27694.529.13$12,119
Jul 202221,256101.587.54$9,676
Jun 202241,227115.097.98$10,248
May 202251,230109.378.43$10,919
Apr 202231,221104.226.84$8,661
Mar 202241,197108.885.08$6,512
Feb 202261,07091.054.86$5,745
Jan 202241,24281.844.54$5,963
Dec 202161,26971.323.90$5,376
Nov 202161,22677.435.24$6,885
Oct 202161,28279.795.71$7,804
Sep 202141,23169.865.35$6,866
Aug 202151,28166.024.22$5,737
Jul 202151,28070.783.98$5,451
Jun 202151,21369.493.38$4,448
May 202151,23763.483.02$4,050
Apr 202171,14960.362.76$3,592
Mar 202191,92361.302.72$5,776
Feb 2021460457.805.55$3,582
Jan 202181,29350.412.81$4,037
Dec 202061,26144.642.68$3,642
Nov 202041,31838.772.71$3,722
Oct 202041,34636.972.48$3,484
Sep 202041,32737.091.99$2,790
Aug 202031,34739.982.39$3,333
Jul 202021,35238.371.83$2,544
Jun 202031,34334.901.69$2,375
May 202031,38616.921.81$2,566
Apr 202031,28014.751.80$2,354
Mar 202021,00030.341.86$1,917
Feb 202021,29049.881.98$2,655
Jan 202031,38957.252.09$3,081
Dec 2019281,39659.012.30$4,869
Nov 201931,26855.302.75$3,654
Oct 201931,41353.472.42$3,578
Sep 201931,40355.052.66$3,893
Aug 201921,43753.112.30$3,418
Jul 201921,44856.272.46$3,675
Jun 201921,42852.782.49$3,663
May 201911,46858.482.74$4,081
Apr 201911,41762.632.75$3,960
Mar 201921,47456.803.06$4,627
Feb 201921,31450.852.79$3,771
Jan 201921,43946.033.23$4,737
Dec 201811,26346.594.19$5,333
Nov 2018288452.934.24$3,852
Oct 201821,46861.443.40$5,111
Sep 201811,43259.543.11$4,510
Aug 201811,45659.403.07$4,524
Jul 201811,31665.142.93$3,923
Jun 201811,35760.183.08$4,236
May 201822,53165.382.90$7,473
Apr 201810926763.842.90$7,733
Mar 201821,50161.222.79$4,305
Feb 201821,41461.782.77$4,035
Jan 201821,71262.874.01$6,990
Dec 201721,69557.272.92$5,067
Nov 201711,50255.423.12$4,739
Oct 201721,50849.292.98$4,598
Sep 201711,81847.523.09$5,660
Aug 201721,64745.373.00$5,039
Jul 201711,66643.873.09$5,187
Jun 201721,60942.493.09$5,052
May 201721,62945.373.26$5,407
Apr 201731,60347.933.21$5,292
Mar 201721,56346.772.98$4,757
Feb 201721,35550.452.95$4,102
Jan 201721,38349.413.42$4,827
Dec 201611,67748.763.72$6,292
Nov 201621,64642.492.64$4,438
Oct 201621,70646.193.09$5,364
Sep 201611,58341.553.10$4,950
Aug 201611,62141.442.92$4,782
Jul 201611,90741.622.92$5,618
Jun 201611,76145.352.69$4,775
May 201621,81742.521.99$3,703
Apr 201631,73836.561.99$3,570
Mar 201631,80133.011.79$3,330
Feb 201621,65326.472.06$3,464
Jan 201632,14127.352.36$5,144
Dec 201531,68332.362.00$3,465
Nov 201531,81738.792.17$4,054
Oct 201541,92143.552.43$4,836
Sep 201511,87242.992.76$5,207
Aug 201511,96640.162.87$5,687
Jul 201501,96748.152.95$5,793
Jun 201511,90756.152.88$5,554
May 201521,96855.212.96$5,927
Apr 201511,85949.822.71$5,081
Mar 201502,08742.892.93$6,125
Feb 201501,78844.662.98$5,321
Jan 201501,74843.433.10$5,420
Dec 201401,94854.693.59$6,996
Nov 201402,30470.464.25$9,796
Oct 201402,14878.303.90$8,379
Sep 201402,04586.164.05$8,273
Aug 201402,05689.394.04$8,296
Jul 201407,28796.564.18$30,457
Jun 201402,06498.164.74$9,777
May 201402,32594.734.73$10,989
Apr 201401,46895.944.81$7,060
Mar 2014092095.895.06$4,652
Feb 201401,66497.406.19$10,303
Jan 201402,37790.404.86$11,554
Dec 2013442,28791.824.35$13,999
Nov 201302,29288.853.74$8,568
Oct 201302,33197.423.78$8,810
Sep 201302,138104.113.72$7,949
Aug 201301,974104.253.52$6,954
Jul 201302,422102.523.72$9,004
Jun 20131832,37594.403.93$26,617
May 201302,55094.834.15$10,580
Apr 201302,54193.964.28$10,882
Mar 201302,65393.623.91$10,381
Feb 201302,48491.233.42$8,495
Jan 201313,06391.603.42$10,567
Dec 201203,39186.773.42$11,598
Nov 201203,46086.953.62$12,542
Oct 201203,85789.383.40$13,113
Sep 201204,12494.672.92$12,035
Aug 201204,78392.662.91$13,910
Jul 201205,51885.133.02$16,669
Jun 201206,50879.822.52$16,394
May 201201,87691.612.49$4,668
Apr 201258100101.652.00$6,095
Mar 201201,409105.052.22$3,131
Feb 201201,580101.102.57$4,061
Jan 201201,22698.092.73$3,352
Dec 201107496.873.24$240
Nov 201101,34195.723.31$4,440
Oct 201101,15484.983.65$4,210
Sep 201101,40183.623.99$5,584
Aug 201101,51683.404.15$6,290
Jul 201101,12094.144.52$5,059
Jun 201101,43192.904.64$6,640
May 2011085098.134.40$3,744
Apr 201101,356105.964.33$5,876
Mar 201101,43096.364.06$5,802
Feb 201101,07785.644.18$4,502
Jan 2011093786.504.59$4,300
Dec 201001,44585.734.35$6,283
Nov 201001,55480.843.80$5,898
Oct 20101812,43878.103.51$22,691
Sep 201012,49672.633.98$10,005
Aug 201003,91873.684.42$17,315
Jul 201045,52172.554.74$26,440
Jun 2010243,45070.364.91$18,630
May 2010019,51871.124.24$82,663
Apr 201017824,64281.694.12$116,132
Mar 2010025,77678.394.39$113,122
Feb 2010023,92673.585.44$130,214
Jan 201018127,13974.365.96$175,319
Dec 2009028,96871.445.48$158,853
Nov 2009027,13074.593.75$101,778
Oct 200918331,07972.544.11$141,017
Sep 200918031,76065.543.06$109,134
Aug 2009031,69967.423.22$102,023
Jul 200918232,54861.133.46$123,888
Jun 2009031,67966.163.90$123,390
May 200917935,24654.743.93$148,165
Apr 200915435,37646.773.59$134,114
Mar 2009037,60542.144.06$152,639
Feb 200915135,47332.814.63$169,301
Jan 200918040,33335.865.37$223,083
Dec 200818542,77537.105.98$262,536
Nov 200818246,40355.496.86$328,440
Oct 200817949,43575.246.92$355,656
Sep 200817951,052101.767.88$420,356
Aug 200818156,636114.228.48$501,118
Jul 200818059,839131.0811.39$705,127
Jun 200817861,338131.3313.03$822,772
May 200835467,341123.1711.57$823,026
Apr 200817869,692110.3110.45$748,255
Mar 200818075,929101.909.66$752,125
Feb 200836375,84092.538.77$698,749
Jan 200818185,12090.388.21$714,831
Dec 200737293,21288.337.30$713,490
Nov 200736694,59791.677.29$723,324
Oct 2007562103,86882.856.92$765,534
Sep 2007549104,94375.846.24$696,917
Aug 2007381115,49769.066.39$764,100
Jul 2007540121,11970.906.39$811,987
Jun 2007938125,25562.007.55$1,003,637
May 2007557140,81458.747.85$1,137,584
Apr 2007557148,62459.617.81$1,193,243
Mar 20071,125165,92456.927.30$1,275,607
Feb 2007926161,04355.108.22$1,374,152
Jan 20071,067198,40950.306.73$1,388,338
Dec 20061,290192,56156.656.92$1,405,300
Nov 20061,300191,00554.207.62$1,525,437
Oct 20061,264217,13454.906.01$1,375,194
Sep 20061,466207,06260.085.04$1,131,090
Aug 20061,902220,57668.717.34$1,749,697
Jul 20061,782215,80369.376.34$1,492,404
Jun 20062,688219,04266.286.38$1,576,498
May 200636735,81366.016.42$254,324

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                  776 Mcf  × $  3.05 =     $2,364

────────────────────────────────────────────────────
Month total                                   $2,789

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/217754 is the state's own key, not one this site invented.