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 218945District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Apr 2005 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
254
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 Gas112006-11-21170486
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
CondensateDisposition13,377 bbl$867,663
GasProduction730,906 Mcf$4,216,632
Total$5,084,295

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 35.4749, -100.0745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47494, -100.07447 · 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
14,953 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 14,953 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-48331792202414,953 ftApr 2005

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 (254)

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

254 months

May 202600106.413.05$0
Apr 202604998.932.87$141
Mar 2026094489.753.15$2,973
Feb 2026091363.503.75$3,424
Jan 2026097259.138.00$7,774
Dec 2025096356.664.41$4,250
Nov 2025095458.593.93$3,746
Oct 20258499959.383.30$8,289
Sep 2025095462.743.08$2,935
Aug 2025096263.933.01$2,900
Jul 202501,04066.743.32$3,448
Jun 20259691466.483.13$9,242
May 2025097460.553.23$3,148
Apr 2025098962.363.54$3,504
Mar 2025098867.704.27$4,217
Feb 2025089470.884.34$3,881
Jan 2025089774.324.28$3,838
Dec 202401,35668.993.12$4,233
Nov 202401,45369.052.20$3,194
Oct 202401,06971.372.28$2,439
Sep 2024098269.612.36$2,322
Aug 202401,01775.632.06$2,099
Jul 202412773979.932.15$11,737
Jun 2024070678.082.63$1,860
May 2024088478.812.20$1,943
Apr 202401,01684.451.66$1,686
Mar 202401,33480.301.55$2,061
Feb 202401,43376.091.78$2,556
Jan 202401,94673.023.30$6,417
Dec 202301,68671.262.61$4,402
Nov 202301,25177.892.81$3,512
Oct 202301,05585.443.09$3,257
Sep 202314397889.042.74$15,408
Aug 202301,01380.522.67$2,708
Jul 202301,00174.852.64$2,644
Jun 202301,00568.962.26$2,270
May 202301,08270.622.23$2,410
Apr 2023099878.122.24$2,233
Mar 202301,27372.852.39$3,046
Feb 202301,08875.112.47$2,683
Jan 202301,30076.533.39$4,404
Dec 20221351,73776.415.73$20,267
Nov 202204,23385.005.65$23,900
Oct 202201,23887.185.86$7,259
Sep 202201,17384.888.16$9,576
Aug 202201,13194.529.13$10,323
Jul 202201,244101.587.54$9,382
Jun 202201,281115.097.98$10,219
May 202201,355109.378.43$11,427
Apr 202201,362104.226.84$9,313
Mar 202201,345108.885.08$6,828
Feb 202201,19591.054.86$5,806
Jan 20221691,36481.844.54$20,020
Dec 202101,39971.323.90$5,455
Nov 202101,36777.435.24$7,159
Oct 202101,38379.795.71$7,902
Sep 202101,39169.865.35$7,443
Aug 202101,37966.024.22$5,820
Jul 202101,46170.783.98$5,818
Jun 202101,37469.493.38$4,645
May 202101,45063.483.02$4,376
Apr 202101,48060.362.76$4,082
Mar 202101,61461.302.72$4,385
Feb 2021096457.805.55$5,348
Jan 202101,56850.412.81$4,407
Dec 202001,52744.642.68$4,085
Nov 202001,45538.772.71$3,938
Oct 202001,49336.972.48$3,700
Sep 20201101,44737.091.99$6,961
Aug 202001,51039.982.39$3,602
Jul 202001,56238.371.83$2,851
Jun 202001,50834.901.69$2,549
May 2020761,67216.921.81$4,320
Apr 202001,31414.751.80$2,371
Mar 202001,28430.341.86$2,383
Feb 202001,23549.881.98$2,446
Jan 20201811,38457.252.09$13,261
Dec 201901,22259.012.30$2,816
Nov 201901,21655.302.75$3,345
Oct 201901,18553.472.42$2,866
Sep 201901,20455.052.66$3,199
Aug 201901,19453.112.30$2,751
Jul 201901,27956.272.46$3,146
Jun 20191711,32152.782.49$12,316
May 201901,30558.482.74$3,576
Apr 201901,25962.632.75$3,463
Mar 201901,34056.803.06$4,103
Feb 201901,26150.852.79$3,521
Jan 201901,11346.033.23$3,593
Dec 201801,06946.594.19$4,474
Nov 201801,19752.934.24$5,072
Oct 20181851,14361.443.40$15,250
Sep 2018063659.543.11$1,977
Aug 2018051959.403.07$1,592
Jul 2018071465.142.93$2,093
Jun 201801,26960.183.08$3,905
May 20181821,63965.382.90$16,654
Apr 201801,43763.842.90$4,168
Mar 201801,62861.222.79$4,537
Feb 201801,52861.782.77$4,227
Jan 201801,67662.874.01$6,720
Dec 201701,66657.272.92$4,867
Nov 201701,82555.423.12$5,691
Oct 201702,01949.292.98$6,024
Sep 201702,17847.523.09$6,724
Aug 201702,32245.373.00$6,976
Jul 201702,27843.873.09$7,033
Jun 20171822,30842.493.09$14,859
May 201702,45745.373.26$8,018
Apr 201702,44847.933.21$7,862
Mar 201702,59146.772.98$7,731
Feb 201702,33750.452.95$6,900
Jan 201702,63649.413.42$9,012
Dec 201602,47848.763.72$9,225
Nov 20161872,29242.492.64$14,006
Oct 201602,48446.193.09$7,676
Sep 201602,39241.553.10$7,417
Aug 201602,38141.442.92$6,963
Jul 201602,29641.622.92$6,714
Jun 201602,20445.352.69$5,920
May 201602,27242.521.99$4,524
Apr 201602,08836.561.99$4,157
Mar 201602,11033.011.79$3,785
Feb 20161781,77126.472.06$8,366
Jan 201601,87127.352.36$4,424
Dec 201501,41232.362.00$2,826
Nov 20151852,42538.792.17$12,432
Oct 201502,62543.552.43$6,370
Sep 201502,43742.992.76$6,722
Aug 201502,78740.162.87$8,006
Jul 201502,24048.152.95$6,597
Jun 20151892,21856.152.88$17,007
May 201502,15155.212.96$6,357
Apr 201501,95849.822.71$5,299
Mar 201501,83842.892.93$5,394
Feb 20151891,86944.662.98$14,003
Jan 201501,89243.433.10$5,866
Dec 201402,03554.693.59$7,308
Nov 201401,77070.464.25$7,526
Oct 201401,88778.303.90$7,361
Sep 201401,98786.164.05$8,038
Aug 20141882,34989.394.04$26,284
Jul 201402,60696.564.18$10,892
Jun 201402,47298.164.74$11,710
May 20141822,58294.734.73$29,445
Apr 201402,48795.944.81$11,960
Mar 201402,72395.895.06$13,770
Feb 201403,09497.406.19$19,158
Jan 201403,04790.404.86$14,811
Dec 2013443,11991.824.35$17,622
Nov 201323,24988.853.74$12,323
Oct 201343,53697.423.78$13,754
Sep 201313,249104.113.72$12,183
Aug 20131863,189104.253.52$30,624
Jul 201312,573102.523.72$9,668
Jun 201322,99594.403.93$11,969
May 201312,56494.834.15$10,733
Apr 201322,99293.964.28$13,001
Mar 201323,13593.623.91$12,454
Feb 201313,21691.233.42$11,090
Jan 201333,56391.603.42$12,460
Dec 20121823,68586.773.42$28,395
Nov 201202,95086.953.62$10,694
Oct 201203,29589.383.40$11,202
Sep 20121903,44594.672.92$28,041
Aug 201203,36092.662.91$9,771
Jul 201212,65285.133.02$8,096
Jun 201212,58579.822.52$6,592
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121911,548101.102.57$23,289
Jan 201201,79098.092.73$4,894
Dec 2011079596.873.24$2,576
Nov 201103,21495.723.31$10,642
Oct 201102,48884.983.65$9,078
Sep 201102,87583.623.99$11,459
Aug 201102,75283.404.15$11,419
Jul 201102,95494.144.52$13,344
Jun 20111772,73292.904.64$29,119
May 201103,15998.134.40$13,915
Apr 201102,569105.964.33$11,132
Mar 20111951,38896.364.06$24,422
Feb 201101,59185.644.18$6,650
Jan 201101,85486.504.59$8,508
Dec 201002,60185.734.35$11,309
Nov 20101822,48380.843.80$24,137
Oct 201003,05978.103.51$10,734
Sep 201003,01572.633.98$11,998
Aug 20103602,76073.684.42$38,722
Jul 201002,67772.554.74$12,680
Jun 201002,01770.364.91$9,904
May 20101772,07171.124.24$21,359
Apr 201002,47281.694.12$10,191
Mar 201002,42278.394.39$10,629
Feb 20101832,20673.585.44$25,471
Jan 201002,52774.365.96$15,071
Dec 200902,47771.445.48$13,583
Nov 20091802,56874.593.75$23,060
Oct 200902,85772.544.11$11,743
Sep 200903,08665.543.06$9,458
Aug 20091793,53567.423.22$23,446
Jul 200902,83261.133.46$9,811
Jun 20091782,87866.163.90$22,986
May 200902,82754.743.93$11,098
Apr 200902,86546.773.59$10,278
Mar 20093633,50442.144.06$29,520
Feb 200903,12932.814.63$14,497
Jan 200903,89935.865.37$20,942
Dec 200802,99837.105.98$17,919
Nov 200802,87255.496.86$19,703
Oct 200804,62875.246.92$32,035
Sep 20081904,553101.767.88$55,199
Aug 200804,787114.228.48$40,608
Jul 200804,083131.0811.39$46,503
Jun 200803,777131.3313.03$49,224
May 20081804,829123.1711.57$78,063
Apr 200804,304110.3110.45$44,998
Mar 20081815,732101.909.66$73,838
Feb 200805,35992.538.77$47,002
Jan 200803,82590.388.21$31,387
Dec 200705,85888.337.30$42,775
Nov 200704,07291.677.29$29,692
Oct 200706,28682.856.92$43,512
Sep 20071886,61775.846.24$55,576
Aug 20071914,53969.066.39$42,185
Jul 200704,06670.906.39$25,973
Jun 20071814,13862.007.55$42,457
May 20071764,99058.747.85$49,491
Apr 20071944,76359.617.81$48,741
Mar 20071824,25056.927.30$41,393
Feb 20071685,39455.108.22$53,574
Jan 200705,58050.306.73$37,536
Dec 20061843,47156.656.92$34,438
Nov 200604,27054.207.62$32,527
Oct 200604,37054.906.01$26,280
Sep 20061794,74160.085.04$34,636
Aug 20061835,18468.717.34$50,624
Jul 20061775,92269.376.34$49,840
Jun 20061836,14766.286.38$51,371
May 200606,73866.016.42$43,292
Apr 20065307,92364.397.36$92,444
Mar 200618110,04156.707.08$81,382
Feb 20061857,25457.597.75$66,881
Jan 200606,61360.598.93$59,076
Dec 200508,68854.9413.42$116,553
Nov 20051907,78554.6910.59$92,822
Oct 200555913,74758.3413.80$222,262
Sep 200536811,91761.4512.08$166,559
Aug 200537013,65861.519.80$156,564
Jul 200536515,88655.697.84$144,931
Jun 200552620,49952.337.38$178,830
May 200588633,43545.226.65$262,446
Apr 200535329,59049.207.36$235,164

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   49 Mcf  × $  2.87 =       $141

────────────────────────────────────────────────────
Month total                                     $141

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/218945 is the state's own key, not one this site invented.