STILES 17

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 218948District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Apr 2006 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
242
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 Gas112007-07-25170487
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
CondensateDisposition16,678 bbl$1,152,237
GasProduction794,509 Mcf$4,439,421
Total$5,591,659

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 35.4680, -100.0606. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46801, -100.06055 · 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
15,100 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 15,100 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-48331914401715,100 ftJun 2008

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 (242)

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

242 months

May 20262311106.413.05$1,160
Apr 2026233198.932.87$1,148
Mar 2026233089.753.15$1,219
Feb 2026131263.503.75$1,234
Jan 2026230859.138.00$2,582
Dec 2025234456.664.41$1,632
Nov 2025233758.593.93$1,440
Oct 2025336259.383.30$1,374
Sep 2025234162.743.08$1,175
Aug 2025235963.933.01$1,210
Jul 2025236766.743.32$1,350
Jun 2025234666.483.13$1,216
May 2025336860.553.23$1,371
Apr 2025333762.363.54$1,381
Mar 2025236167.704.27$1,676
Feb 2025232970.884.34$1,570
Jan 2025235174.324.28$1,650
Dec 2024236468.993.12$1,274
Nov 2024234969.052.20$905
Oct 2024234871.372.28$937
Sep 2024234669.612.36$957
Aug 2024136175.632.06$821
Jul 2024235579.932.15$922
Jun 2024132878.082.63$942
May 2024234378.812.20$912
Apr 2024236184.451.66$768
Mar 2024346180.301.55$953
Feb 2024347576.091.78$1,076
Jan 2024143573.023.30$1,508
Dec 2023461471.262.61$1,888
Nov 2023453477.892.81$1,811
Oct 2023349085.443.09$1,769
Sep 2023234989.042.74$1,133
Aug 2023359080.522.67$1,819
Jul 2023383574.852.64$2,430
Jun 2023357568.962.26$1,506
May 2023243770.622.23$1,115
Apr 2023011578.122.24$257
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023223376.533.39$942
Dec 2022245576.415.73$2,760
Nov 2022010585.005.65$593
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 20221237108.885.08$1,312
Feb 2022370791.054.86$3,708
Jan 2022127081.844.54$1,307
Dec 202101071.323.90$39
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 202101157.805.55$61
Jan 202104750.412.81$132
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202001639.982.39$38
Jul 202004738.371.83$86
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 2019122459.012.30$575
Nov 2019287955.302.75$2,528
Oct 2019281553.472.42$2,078
Sep 20191841,28355.052.66$13,538
Aug 201911,82053.112.30$4,247
Jul 201911,75356.272.46$4,369
Jun 201911,65952.782.49$4,186
May 201901,62358.482.74$4,448
Apr 201901,67862.632.75$4,616
Mar 201911,21356.803.06$3,771
Feb 201911,62050.852.79$4,574
Jan 201911,74146.033.23$5,666
Dec 20181921,84246.594.19$16,655
Nov 201811,72752.934.24$7,371
Oct 201812,01561.443.40$6,909
Sep 201811,94259.543.11$6,095
Aug 201812,01859.403.07$6,248
Jul 201812,06965.142.93$6,131
Jun 201812,05360.183.08$6,377
May 201811,84265.382.90$5,409
Apr 201811,91063.842.90$5,604
Mar 201822,26661.222.79$6,437
Feb 20181861,91961.782.77$16,799
Jan 201812,07462.874.01$8,378
Dec 201712,14657.272.92$6,327
Nov 201712,22655.423.12$6,997
Oct 201722,32349.292.98$7,030
Sep 201712,23647.523.09$6,951
Aug 201712,33345.373.00$7,055
Jul 201712,50043.873.09$7,762
Jun 20171842,45042.493.09$15,382
May 201722,59445.373.26$8,556
Apr 201722,32347.933.21$7,556
Mar 201722,51846.772.98$7,606
Feb 201722,40450.452.95$7,199
Jan 201722,49949.413.42$8,642
Dec 201612,29948.763.72$8,608
Nov 20161812,74242.492.64$14,942
Oct 201622,76446.193.09$8,634
Sep 201612,56041.553.10$7,979
Aug 201612,49941.442.92$7,349
Jul 201602,77641.622.92$8,118
Jun 20161882,56245.352.69$15,407
May 201622,68342.521.99$5,427
Apr 201632,14136.561.99$4,373
Mar 201632,27833.011.79$4,186
Feb 20161902,73026.472.06$10,663
Jan 201633,05027.352.36$7,293
Dec 201533,39732.362.00$6,896
Nov 20151942,95038.792.17$13,919
Oct 201542,91443.552.43$7,245
Sep 201512,80342.992.76$7,775
Aug 20151852,35640.162.87$14,197
Jul 201501,28348.152.95$3,779
Jun 201511,33456.152.88$3,902
May 201511,36355.212.96$4,083
Apr 201511,35749.822.71$3,723
Mar 201501,59342.892.93$4,675
Feb 201501,60944.662.98$4,789
Jan 201501,81843.433.10$5,637
Dec 20141911,94054.693.59$17,413
Nov 201401,70170.464.25$7,232
Oct 201401,51278.303.90$5,898
Sep 201401,73486.164.05$7,015
Aug 201401,21289.394.04$4,891
Jul 201401,22196.564.18$5,103
Jun 20141881,20898.164.74$24,176
May 201401,52894.734.73$7,222
Apr 2014097195.944.81$4,670
Mar 201401,37995.895.06$6,973
Feb 201401,62397.406.19$10,050
Jan 20141881,64590.404.86$24,991
Dec 2013461,97591.824.35$12,824
Nov 201301,42988.853.74$5,342
Oct 201321,22097.423.78$4,806
Sep 201301,250104.113.72$4,647
Aug 2013187523104.253.52$21,337
Jul 20131817102.523.72$3,140
Jun 201321,29394.403.93$5,275
May 201321,39894.834.15$5,990
Apr 201351,45493.964.28$6,697
Mar 201371,77693.623.91$7,605
Feb 2013121,61991.233.42$6,632
Jan 201332,23991.603.42$7,932
Dec 20121832,12886.773.42$23,157
Nov 201232,70386.953.62$10,059
Oct 20121902,50689.383.40$25,502
Sep 201201,98694.672.92$5,796
Aug 201202,88492.662.91$8,387
Jul 20121873,08285.133.02$25,229
Jun 201223,63079.822.52$9,304
May 201201,02391.612.49$2,546
Apr 20121893,274101.652.00$25,749
Mar 201203,371105.052.22$7,491
Feb 201202,985101.102.57$7,672
Jan 20121933,58698.092.73$28,736
Dec 201113,75796.873.24$12,269
Nov 20111913,73195.723.31$30,637
Oct 201103,88984.983.65$14,189
Sep 201113,75183.623.99$15,034
Aug 201114,23083.404.15$17,635
Jul 20111884,04594.144.52$35,971
Jun 20111812,95692.904.64$30,530
May 201104,99398.134.40$21,993
Apr 201101,317105.964.33$5,707
Mar 20111833,78396.364.06$32,983
Feb 20112023,24085.644.18$30,842
Jan 201103,57086.504.59$16,382
Dec 201003,99985.734.35$17,387
Nov 20101823,37180.843.80$27,507
Oct 201004,71478.103.51$16,541
Sep 201003,25872.633.98$12,965
Aug 20103624,40673.684.42$46,144
Jul 201014,38072.554.74$20,818
Jun 201004,27870.364.91$21,007
May 20101804,60971.124.24$32,322
Apr 20101744,75581.694.12$33,817
Mar 20101834,95778.394.39$36,100
Feb 201004,60973.585.44$25,084
Jan 20101835,33074.365.96$45,396
Dec 200905,22171.445.48$28,631
Nov 20091834,98874.593.75$32,362
Oct 20091825,19272.544.11$34,543
Sep 20091814,96765.543.06$27,085
Aug 200904,76267.423.22$15,327
Jul 20091924,22261.133.46$26,364
Jun 20091814,30466.163.90$28,739
May 200904,11954.743.93$16,170
Apr 20091874,08346.773.59$23,394
Mar 20091754,44842.144.06$25,429
Feb 200904,63832.814.63$21,488
Jan 20093706,19835.865.37$46,558
Dec 200804,11437.105.98$24,590
Nov 200804,92555.496.86$33,787
Oct 200805,35275.246.92$37,046
Sep 20081755,197101.767.88$58,745
Aug 200805,823114.228.48$49,397
Jul 20081786,436131.0811.39$96,635
Jun 200806,809131.3313.03$88,739
May 20081736,961123.1711.57$101,877
Apr 20081747,450110.3110.45$97,083
Mar 200807,790101.909.66$75,283
Feb 20081917,40192.538.77$82,584
Jan 200806,92590.388.21$56,825
Dec 200707,47288.337.30$54,560
Nov 20071887,99791.677.29$75,546
Oct 20071918,16882.856.92$72,363
Sep 20071718,58575.846.24$66,575
Aug 20071899,65369.066.39$74,715
Jul 20071789,92070.906.39$75,989
Jun 20071899,66462.007.55$84,666
May 20073469,05858.747.85$91,396
Apr 200709,90859.617.81$77,334
Mar 200736810,89856.927.30$100,523
Feb 200736011,19755.108.22$111,831
Jan 200709,74350.306.73$65,540
Dec 200655513,23556.656.92$123,006
Nov 200636914,28554.207.62$128,816
Oct 200635815,81354.906.01$114,750
Sep 200671816,85160.085.04$128,019
Aug 200635320,97668.717.34$178,217
Jul 200653825,70469.376.34$200,355
Jun 200688132,39166.286.38$265,173
May 20061,26151,06866.016.42$411,351
Apr 20061,08754,45064.397.36$470,770

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             2 bbl  × $106.41 =       $213
Gas                  311 Mcf  × $  3.05 =       $947

────────────────────────────────────────────────────
Month total                                   $1,160

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/218948 is the state's own key, not one this site invented.