STILES 24

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 218726District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jun 2006 – May 2026
Value, last 12 filed months
$45 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 Gas112006-10-13170769
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
CondensateDisposition1,396 bbl$89,305
GasProduction784,511 Mcf$4,092,763
Total$4,182,067

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 35.4772, -100.0670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47723, -100.06704 · 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
16,758 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 16,758 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-48330628602416,758 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 20260990106.413.05$3,015
Apr 2026095898.932.87$2,749
Mar 2026097089.753.15$3,055
Feb 2026090963.503.75$3,409
Jan 202601,02459.138.00$8,190
Dec 202501,02256.664.41$4,510
Nov 2025098658.593.93$3,871
Oct 202501,04159.383.30$3,440
Sep 2025099162.743.08$3,049
Aug 202501,02163.933.01$3,078
Jul 202501,08866.743.32$3,607
Jun 2025098266.483.13$3,072
May 2025087460.553.23$2,825
Apr 202501,00262.363.54$3,550
Mar 202501,06367.704.27$4,537
Feb 2025094970.884.34$4,119
Jan 202501,25174.324.28$5,353
Dec 2024095668.993.12$2,984
Nov 2024093569.052.20$2,056
Oct 202401,07671.372.28$2,455
Sep 202401,03769.612.36$2,452
Aug 202401,05675.632.06$2,179
Jul 202401,24179.932.15$2,664
Jun 202401,33678.082.63$3,519
May 202401,30878.812.20$2,876
Apr 2024096784.451.66$1,604
Mar 202401,12980.301.55$1,744
Feb 202401,24076.091.78$2,212
Jan 202401,68173.023.30$5,543
Dec 202301,68171.262.61$4,389
Nov 2023731,56177.892.81$10,069
Oct 202301,65585.443.09$5,109
Sep 202301,66289.042.74$4,546
Aug 202301,50880.522.67$4,031
Jul 202301,37474.852.64$3,630
Jun 202301,34368.962.26$3,033
May 202301,36770.622.23$3,045
Apr 202301,33678.122.24$2,990
Mar 202301,29172.852.39$3,090
Feb 202301,16475.112.47$2,870
Jan 202301,29876.533.39$4,397
Dec 202201,25776.415.73$7,201
Nov 202202,64685.005.65$14,940
Oct 202201,23787.185.86$7,253
Sep 202201,13084.888.16$9,225
Aug 202201,02594.529.13$9,355
Jul 202201,274101.587.54$9,609
Jun 202201,219115.097.98$9,724
May 202201,351109.378.43$11,393
Apr 202201,340104.226.84$9,162
Mar 202201,511108.885.08$7,670
Feb 202201,23391.054.86$5,991
Jan 202201,47481.844.54$6,689
Dec 2021551,56971.323.90$10,040
Nov 202101,47477.435.24$7,719
Oct 202101,57379.795.71$8,988
Sep 202101,58169.865.35$8,460
Aug 202101,64666.024.22$6,947
Jul 202101,66070.783.98$6,610
Jun 202101,61469.493.38$5,456
May 202101,75663.483.02$5,299
Apr 202101,98460.362.76$5,473
Mar 202102,06861.302.72$5,619
Feb 202101,04357.805.55$5,787
Jan 202101,67450.412.81$4,704
Dec 202001,88144.642.68$5,033
Nov 202001,92338.772.71$5,205
Oct 202001,90936.972.48$4,731
Sep 202001,84437.091.99$3,671
Aug 202001,91239.982.39$4,560
Jul 202001,93138.371.83$3,524
Jun 202001,88834.901.69$3,191
May 202001,93016.921.81$3,502
Apr 2020611,77714.751.80$4,106
Mar 202001,92330.341.86$3,570
Feb 202001,79649.881.98$3,557
Jan 202001,97057.252.09$4,127
Dec 201901,98459.012.30$4,572
Nov 201901,94755.302.75$5,356
Oct 201902,00953.472.42$4,859
Sep 201901,90355.052.66$5,057
Aug 201901,99653.112.30$4,600
Jul 201902,07256.272.46$5,097
Jun 201901,99252.782.49$4,962
May 201902,00958.482.74$5,505
Apr 201902,03062.632.75$5,584
Mar 201902,14256.803.06$6,559
Feb 201901,91850.852.79$5,355
Jan 201902,20446.033.23$7,115
Dec 201802,42346.594.19$10,141
Nov 201802,14352.934.24$9,080
Oct 201801,35361.443.40$4,598
Sep 201801,28659.543.11$3,997
Aug 201801,36459.403.07$4,183
Jul 201801,38265.142.93$4,052
Jun 201801,40960.183.08$4,335
May 201802,33565.382.90$6,773
Apr 201802,72063.842.90$7,890
Mar 201802,13061.222.79$5,936
Feb 201801,63861.782.77$4,531
Jan 201802,03062.874.01$8,139
Dec 201701,23857.272.92$3,617
Nov 201701,92455.423.12$6,000
Oct 201702,39649.292.98$7,149
Sep 201702,06647.523.09$6,378
Aug 201702,17145.373.00$6,523
Jul 201702,14643.873.09$6,625
Jun 201702,02742.493.09$6,258
May 201702,11745.373.26$6,909
Apr 201702,01647.933.21$6,475
Mar 201701,96446.772.98$5,860
Feb 201701,74050.452.95$5,138
Jan 201701,78849.413.42$6,113
Dec 201602,02248.763.72$7,528
Nov 201601,54242.492.64$4,078
Oct 201602,46346.193.09$7,611
Sep 201602,74341.553.10$8,505
Aug 201602,98441.442.92$8,726
Jul 201603,08741.622.92$9,027
Jun 201602,25245.352.69$6,048
May 201603,07542.521.99$6,122
Apr 201603,08836.561.99$6,148
Mar 201602,85433.011.79$5,120
Feb 201601,35626.472.06$2,798
Jan 201601,90927.352.36$4,514
Dec 201502,72832.362.00$5,460
Nov 201501,50538.792.17$3,262
Oct 201501,89943.552.43$4,608
Sep 201502,44942.992.76$6,755
Aug 201502,66540.162.87$7,655
Jul 201502,34348.152.95$6,900
Jun 201502,86056.152.88$8,245
May 201503,54855.212.96$10,486
Apr 201503,88949.822.71$10,526
Mar 201503,57842.892.93$10,500
Feb 201503,38244.662.98$10,065
Jan 201503,61243.433.10$11,199
Dec 201403,89054.693.59$13,970
Nov 201404,39270.464.25$18,674
Oct 201405,07378.303.90$19,790
Sep 20141753,59986.164.05$29,638
Aug 201403,17989.394.04$12,828
Jul 201403,36696.564.18$14,069
Jun 201403,86098.164.74$18,284
May 201404,20694.734.73$19,880
Apr 201404,30495.944.81$20,698
Mar 201404,26395.895.06$21,557
Feb 201403,64197.406.19$22,545
Jan 201404,78890.404.86$23,273
Dec 2013443,67591.824.35$20,043
Nov 201303,09488.853.74$11,566
Oct 2013067397.423.78$2,544
Sep 20130950104.113.72$3,532
Aug 20130924104.253.52$3,255
Jul 20130894102.523.72$3,324
Jun 2013098794.403.93$3,882
May 2013087694.834.15$3,635
Apr 2013091593.964.28$3,919
Mar 2013096793.623.91$3,784
Feb 2013089091.233.42$3,044
Jan 2013094191.603.42$3,218
Dec 2012086286.773.42$2,948
Nov 201201,02686.953.62$3,719
Oct 201201,26189.383.40$4,287
Sep 2012028294.672.92$823
Aug 201201,42792.662.91$4,150
Jul 201201,24385.133.02$3,755
Jun 201201,59879.822.52$4,025
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20120886101.102.57$2,277
Jan 201201,16998.092.73$3,196
Dec 2011026096.873.24$842
Nov 2011096295.723.31$3,185
Oct 201101,07884.983.65$3,933
Sep 201101,10383.623.99$4,396
Aug 201101,31083.404.15$5,436
Jul 2011094494.144.52$4,264
Jun 201101,36892.904.64$6,347
May 2011092098.134.40$4,052
Apr 201101,364105.964.33$5,911
Mar 201101,29496.364.06$5,250
Feb 201101,38685.644.18$5,793
Jan 201101,80786.504.59$8,292
Dec 201001,83285.734.35$7,965
Nov 201002,01280.843.80$7,636
Oct 201001,86078.103.51$6,527
Sep 201001,50572.633.98$5,989
Aug 201001,95073.684.42$8,618
Jul 201001,69872.554.74$8,043
Jun 201011,87070.364.91$9,253
May 201001,90171.124.24$8,051
Apr 201002,75481.694.12$11,354
Mar 201001,67478.394.39$7,347
Feb 201002,34473.585.44$12,757
Jan 201002,87774.365.96$17,159
Dec 200903,92271.445.48$21,507
Nov 200903,91874.593.75$14,698
Oct 200903,86372.544.11$15,878
Sep 200904,06665.543.06$12,461
Aug 200903,92667.423.22$12,636
Jul 200903,93261.133.46$13,622
Jun 200903,88966.163.90$15,148
May 200904,10854.743.93$16,127
Apr 200903,89346.773.59$13,966
Mar 200904,20542.144.06$17,068
Feb 200903,12532.814.63$14,478
Jan 200902,94235.865.37$15,801
Dec 2008051937.105.98$3,102
Nov 200801,81255.496.86$12,431
Oct 200802,16875.246.92$15,007
Sep 200801,220101.767.88$9,610
Aug 200801,297114.228.48$11,002
Jul 20080901131.0811.39$10,262
Jun 20080283131.3313.03$3,688
May 200802,002123.1711.57$23,172
Apr 200805,498110.3110.45$57,481
Mar 200805,757101.909.66$55,636
Feb 200805,81192.538.77$50,966
Jan 200806,26890.388.21$51,434
Dec 200705,51988.337.30$40,300
Nov 200708,62091.677.29$62,854
Oct 200708,97582.856.92$62,125
Sep 200709,65775.846.24$60,300
Aug 200712911,74069.066.39$83,903
Jul 2007011,95070.906.39$76,336
Jun 2007010,05762.007.55$75,915
May 200716913,56658.747.85$116,370
Apr 200709,21659.617.81$71,933
Mar 2007013,48656.927.30$98,474
Feb 2007012,75755.108.22$104,812
Jan 2007015,32650.306.73$103,096
Dec 2006016,09256.656.92$111,332
Nov 200617420,72554.207.62$167,303
Oct 200618125,19454.906.01$161,449
Sep 200619028,90760.085.04$157,026
Aug 2006035,89668.717.34$263,474
Jul 200614444,23369.376.34$290,549
Jun 2006049,90566.286.38$318,588

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             0 bbl  × $106.41 =         $0
Gas                  990 Mcf  × $  3.05 =     $3,015

────────────────────────────────────────────────────
Month total                                   $3,015

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/218726 is the state's own key, not one this site invented.