STILES 68

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 219014District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
May 2006 – May 2026
Value, last 12 filed months
$25 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 Gas112006-10-13170679
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
CondensateDisposition18,537 bbl$1,554,328
GasProduction1,171,791 Mcf$7,268,491
Total$8,822,818

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 35.4335, -100.0542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43355, -100.05415 · 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
17,915 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 17,915 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-48331024806817,915 ftMar 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 (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 20262401106.413.05$1,434
Apr 2026343998.932.87$1,557
Mar 2026350789.753.15$1,866
Feb 2026243563.503.75$1,758
Jan 2026356959.138.00$4,728
Dec 2025346456.664.41$2,218
Nov 2025340758.593.93$1,774
Oct 2025449459.383.30$1,870
Sep 2025351762.743.08$1,779
Aug 2025362163.933.01$2,064
Jul 2025354566.743.32$2,007
Jun 2025350766.483.13$1,786
May 2025449460.553.23$1,839
Apr 2025346862.363.54$1,845
Mar 2025244967.704.27$2,052
Feb 2025345770.884.34$2,196
Jan 2025357174.324.28$2,666
Dec 2024245168.993.12$1,546
Nov 2024451469.052.20$1,406
Oct 2024351871.372.28$1,396
Sep 2024347669.612.36$1,334
Aug 2024248975.632.06$1,160
Jul 2024352079.932.15$1,356
Jun 2024138878.082.63$1,100
May 2024347478.812.20$1,278
Apr 2024352184.451.66$1,118
Mar 2024353080.301.55$1,060
Feb 2024349376.091.78$1,108
Jan 2024241273.023.30$1,505
Dec 2023351771.262.61$1,564
Nov 2023451877.892.81$1,766
Oct 2023454285.443.09$2,015
Sep 2023248489.042.74$1,502
Aug 2023255080.522.67$1,631
Jul 2023355874.852.64$1,699
Jun 2023253968.962.26$1,355
May 2023355270.622.23$1,441
Apr 2023252578.122.24$1,331
Mar 2023252272.852.39$1,395
Feb 2023247575.112.47$1,321
Jan 2023349976.533.39$1,920
Dec 2022348776.415.73$3,019
Nov 2022247685.005.65$2,858
Oct 2022268287.185.86$4,173
Sep 2022254084.888.16$4,578
Aug 2022254994.529.13$5,200
Jul 20221503101.587.54$3,895
Jun 20221492115.097.98$4,040
May 20221291109.378.43$2,563
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 2021011569.865.35$615
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 2020144537.091.99$923
Aug 2020131339.982.39$787
Jul 2020020838.371.83$380
Jun 20200734.901.69$12
May 202077216.921.81$1,306
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 201905053.112.30$115
Jul 201906456.272.46$157
Jun 2019182152.782.49$2,098
May 2019184458.482.74$2,371
Apr 2019182862.632.75$2,340
Mar 2019184856.803.06$2,653
Feb 2019176450.852.79$2,184
Jan 2019183746.033.23$2,748
Dec 2018184146.594.19$3,567
Nov 2018167952.934.24$2,930
Oct 2018179461.443.40$2,760
Sep 2018180259.543.11$2,552
Aug 2018183859.403.07$2,629
Jul 2018086665.142.93$2,539
Jun 2018187460.183.08$2,749
May 2018196865.382.90$2,873
Apr 201818593363.842.90$14,517
Mar 2018190961.222.79$2,594
Feb 2018181261.782.77$2,308
Jan 2018190562.874.01$3,691
Dec 2017194057.272.92$2,804
Nov 201711,00455.423.12$3,186
Oct 201721,04349.292.98$3,211
Sep 2017193847.523.09$2,943
Aug 2017187545.373.00$2,674
Jul 2017194243.873.09$2,952
Jun 2017188942.493.09$2,787
May 2017192945.373.26$3,077
Apr 201718890847.933.21$11,927
Mar 2017193346.772.98$2,831
Feb 2017298650.452.95$3,012
Jan 201711,07749.413.42$3,731
Dec 201611,01148.763.72$3,813
Nov 201611,12142.492.64$3,007
Oct 201621,20346.193.09$3,810
Sep 201611,16341.553.10$3,648
Aug 201611,24541.442.92$3,682
Jul 201601,22741.622.92$3,588
Jun 201611,17245.352.69$3,193
May 201611,22842.521.99$2,488
Apr 201621,16036.561.99$2,383
Mar 201621,16833.011.79$2,161
Feb 201611,10226.472.06$2,301
Jan 20161891,19727.352.36$7,999
Dec 201521,22732.362.00$2,520
Nov 201521,28038.792.17$2,852
Oct 201531,32343.552.43$3,341
Sep 201511,22142.992.76$3,411
Aug 201501,23940.162.87$3,559
Jul 201501,17148.152.95$3,449
Jun 201511,26756.152.88$3,709
May 201511,41755.212.96$4,243
Apr 201511,11949.822.71$3,078
Mar 201501,41542.892.93$4,153
Feb 201501,46644.662.98$4,363
Jan 20151911,43243.433.10$12,735
Dec 201401,58054.693.59$5,674
Nov 201401,81270.464.25$7,704
Oct 201401,73478.303.90$6,764
Sep 201401,80986.164.05$7,318
Aug 201402,15189.394.04$8,680
Jul 201402,23096.564.18$9,321
Jun 20141912,24298.164.74$29,369
May 201402,53794.734.73$11,991
Apr 201402,52295.944.81$12,129
Mar 201402,86195.895.06$14,468
Feb 201402,63997.406.19$16,341
Jan 201402,78190.404.86$13,518
Dec 2013443,32191.824.35$18,501
Nov 20131943,11488.853.74$28,878
Oct 201303,25497.423.78$12,298
Sep 20131893,092104.113.72$31,172
Aug 201333,668104.253.52$13,234
Jul 201323,879102.523.72$14,626
Jun 201334,41294.403.93$17,637
May 20131913,16194.834.15$31,228
Apr 201302,83493.964.28$12,137
Mar 201303,94793.623.91$15,444
Feb 201313,80591.233.42$13,104
Jan 20131935,26191.603.42$35,671
Dec 201202,84986.773.42$9,744
Nov 201215,39686.953.62$19,647
Oct 201205,67789.383.40$19,300
Sep 201205,30194.672.92$15,470
Aug 20121836,26692.662.91$35,179
Jul 20121842,58185.133.02$23,461
Jun 201214,97079.822.52$12,599
May 201205,94091.612.49$14,781
Apr 20121786,376101.652.00$30,825
Mar 201207,535105.052.22$16,743
Feb 20121875,614101.102.57$33,335
Jan 201218,46398.092.73$23,237
Dec 201104,24496.873.24$13,749
Nov 20111964,35895.723.31$33,192
Oct 201105,94584.983.65$21,691
Sep 201117,53483.623.99$30,113
Aug 201117,98983.404.15$33,232
Jul 20111917,80694.144.52$53,242
Jun 201107,92192.904.64$36,752
May 20111838,11198.134.40$53,685
Apr 201107,492105.964.33$32,465
Mar 201108,46196.364.06$34,329
Feb 201107,53985.644.18$31,513
Jan 201109,32986.504.59$42,809
Dec 20101802,01085.734.35$24,170
Nov 201008,99380.843.80$34,131
Oct 20101697,28678.103.51$38,765
Sep 201032311,14172.633.98$67,795
Aug 2010010,60073.684.42$46,845
Jul 20101837,02972.554.74$46,569
Jun 2010411,04070.364.91$54,492
May 201017111,46471.124.24$60,714
Apr 201018311,18281.694.12$61,049
Mar 201018812,15078.394.39$68,060
Feb 201009,08973.585.44$49,466
Jan 201019112,25874.365.96$87,311
Dec 200919610,40971.445.48$71,083
Nov 200918513,12074.593.75$63,019
Oct 200918514,72372.544.11$73,935
Sep 200918714,87465.543.06$57,841
Aug 200936414,99867.423.22$72,812
Jul 200917514,23661.133.46$60,018
Jun 200936114,26466.163.90$79,442
May 200936915,19554.743.93$79,851
Apr 200938115,42846.773.59$73,167
Mar 200953016,74242.144.06$90,290
Feb 200952415,40232.814.63$88,550
Jan 200918317,75635.865.37$101,930
Dec 200855019,06937.105.98$134,383
Nov 200855119,62455.496.86$165,203
Oct 200836022,77475.246.92$184,728
Sep 200853324,377101.767.88$246,258
Aug 200870528,875114.228.48$325,472
Jul 20081,08033,669131.0811.39$525,037
Jun 20081,04339,046131.3313.03$645,849
May 200886451,532123.1711.57$702,865
Apr 200872065,698110.3110.45$766,287
Mar 20081,54943,539101.909.66$578,607
Feb 200802,73492.538.77$23,979
Jan 200804,58390.388.21$37,607
Dec 200703,68988.337.30$26,937
Nov 200702,84991.677.29$20,774
Oct 200702,10782.856.92$14,585
Sep 200703,15175.846.24$19,675
Aug 200701,80569.066.39$11,530
Jul 200702,95170.906.39$18,851
Jun 200704,84762.007.55$36,587
May 200705,78158.747.85$45,359
Apr 200706,26159.617.81$48,868
Mar 200706,24956.927.30$45,630
Feb 200701,48455.108.22$12,193
Jan 200706,22950.306.73$41,902
Dec 200606,35256.656.92$43,946
Nov 20061746,54754.207.62$59,302
Oct 200608,21354.906.01$49,391
Sep 200618013,58060.085.04$79,220
Aug 200618213,98968.717.34$115,183
Jul 200635522,89569.376.34$169,844
Jun 200636029,42166.286.38$211,681
May 200676870,30266.016.42$502,386

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                  401 Mcf  × $  3.05 =     $1,221

────────────────────────────────────────────────────
Month total                                   $1,434

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/219014 is the state's own key, not one this site invented.