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 221342District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Oct 2006 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
236
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 Gas222007-01-12 – 2009-04-222 dockets
NGPA2none

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
CondensateDisposition17,327 bbl$1,306,974
GasProduction1,366,236 Mcf$6,672,416
Total$7,979,390

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 35.4832, -100.0697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48321, -100.06975 · 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
16,400 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 16,400 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-48332036302416,400 ftMay 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 (236)

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

236 months

May 202661,304106.413.05$4,610
Apr 202691,34498.932.87$4,747
Mar 202691,83189.753.15$6,574
Feb 202681,64863.503.75$6,689
Jan 2026142,16359.138.00$18,127
Dec 2025632,11456.664.41$12,899
Nov 2025132,09358.593.93$8,980
Oct 2025151,93859.383.30$7,295
Sep 2025111,92462.743.08$6,610
Aug 20251122,29263.933.01$14,070
Jul 2025122,14766.743.32$7,919
Jun 2025472,12366.483.13$9,767
May 2025172,18660.553.23$8,095
Apr 2025852,13362.363.54$12,858
Mar 2025102,22667.704.27$10,178
Feb 2025142,50570.884.34$11,866
Jan 2025743,23274.324.28$19,328
Dec 2024122,37068.993.12$8,226
Nov 2024162,27969.052.20$6,115
Oct 2024152,22671.372.28$6,149
Sep 2024862,15469.612.36$11,079
Aug 202492,14275.632.06$5,101
Jul 2024112,16179.932.15$5,518
Jun 202461,62578.082.63$4,749
May 2024112,01778.812.20$5,301
Apr 2024122,12884.451.66$4,544
Mar 2024132,30180.301.55$4,599
Feb 20241302,04176.091.78$13,532
Jan 2024102,05073.023.30$7,490
Dec 2023132,17671.262.61$6,607
Nov 2023902,15677.892.81$13,063
Oct 2023162,33585.443.09$8,576
Sep 2023102,12889.042.74$6,711
Aug 202382,30380.522.67$6,800
Jul 20231572,39474.852.64$18,076
Jun 2023102,36968.962.26$6,040
May 2023132,41570.622.23$6,297
Apr 202392,34378.122.24$5,946
Mar 2023112,40872.852.39$6,564
Feb 2023122,56375.112.47$7,221
Jan 2023132,72776.533.39$10,233
Dec 2022142,72576.415.73$16,681
Nov 2022112,51185.005.65$15,113
Oct 20221973,14287.185.86$35,598
Sep 2022112,54784.888.16$21,727
Aug 2022102,65794.529.13$25,196
Jul 202252,671101.587.54$20,653
Jun 202282,604115.097.98$21,693
May 2022872,627109.378.43$31,669
Apr 202272,715104.226.84$19,294
Mar 2022102,826108.885.08$15,435
Feb 2022163,01491.054.86$16,101
Jan 20221953,64581.844.54$32,499
Dec 2021142,94071.323.90$12,462
Nov 2021142,68477.435.24$15,140
Oct 2021122,70079.795.71$16,385
Sep 202192,56569.865.35$14,354
Aug 2021102,71666.024.22$12,123
Jul 20211922,71270.783.98$24,389
Jun 2021102,65569.493.38$9,670
May 2021102,61463.483.02$8,523
Apr 2021152,56760.362.76$7,986
Mar 2021182,90461.302.72$8,993
Feb 2021133,04957.805.55$17,667
Jan 2021172,93750.412.81$9,111
Dec 20201972,72244.642.68$16,077
Nov 202093,23738.772.71$9,110
Oct 202093,24836.972.48$8,383
Sep 202072,63237.091.99$5,500
Aug 202052,68239.982.39$6,597
Jul 202052,69238.371.83$5,105
Jun 20201802,66934.901.69$10,793
May 202062,76516.921.81$5,119
Apr 202062,59314.751.80$4,767
Mar 202062,80330.341.86$5,385
Feb 20201662,56649.881.98$13,362
Jan 202073,59857.252.09$7,938
Dec 2019103,71559.012.30$9,151
Nov 201983,42455.302.75$9,861
Oct 201973,13753.472.42$7,961
Sep 20191852,78555.052.66$17,585
Aug 201942,87453.112.30$6,835
Jul 201942,94056.272.46$7,458
Jun 201942,89952.782.49$7,433
May 201933,04658.482.74$8,522
Apr 201932,98062.632.75$8,385
Mar 201943,32256.803.06$10,400
Feb 201943,29550.852.79$9,404
Jan 201943,66946.033.23$12,028
Dec 20181933,59446.594.19$24,034
Nov 201853,57652.934.24$15,417
Oct 201843,91561.443.40$13,549
Sep 201843,88959.543.11$12,325
Aug 20181844,11159.403.07$23,536
Jul 201824,28865.142.93$12,702
Jun 201834,22560.183.08$13,181
May 201854,33665.382.90$12,905
Apr 20181894,28363.842.90$24,490
Mar 201864,49761.222.79$12,900
Feb 201854,05161.782.77$11,514
Jan 20181854,61462.874.01$30,130
Dec 201754,69057.272.92$13,988
Nov 201744,33255.423.12$13,730
Oct 20171884,36149.292.98$22,278
Sep 201734,12347.523.09$12,871
Aug 201744,36945.373.00$13,308
Jul 201724,29943.873.09$13,360
Jun 201744,04042.493.09$12,643
May 20171874,05145.373.26$21,704
Apr 201763,90347.933.21$12,822
Mar 201763,93546.772.98$12,021
Feb 201763,54650.452.95$10,773
Jan 201743,65549.413.42$12,693
Dec 201644,05948.763.72$15,306
Nov 20161923,85142.492.64$18,341
Oct 201653,78346.193.09$11,921
Sep 201633,37741.553.10$10,595
Aug 201623,35741.442.92$9,900
Jul 201613,30541.622.92$9,707
Jun 201622,90045.352.69$7,880
May 20161852,78642.521.99$13,413
Apr 201652,62836.561.99$5,415
Mar 201652,52533.011.79$4,695
Feb 201632,68726.472.06$5,624
Jan 201642,63627.352.36$6,342
Dec 201552,74632.362.00$5,658
Nov 201584,39638.792.17$9,838
Oct 20151984,89843.552.43$20,508
Sep 201544,78642.992.76$13,374
Aug 201525,09340.162.87$14,710
Jul 20151885,21748.152.95$24,417
Jun 201524,79256.152.88$13,927
May 20151914,50555.212.96$23,859
Apr 201524,39649.822.71$11,998
Mar 201504,88942.892.93$14,348
Feb 201504,39944.662.98$13,092
Jan 201505,20043.433.10$16,123
Dec 20141905,55854.693.59$30,352
Nov 201404,98970.464.25$21,212
Oct 20141875,50478.303.90$36,113
Sep 201405,30786.164.05$21,469
Aug 201405,55889.394.04$22,427
Jul 201405,41596.564.18$22,633
Jun 20141865,35198.164.74$43,605
May 201405,29394.734.73$25,018
Apr 20141895,36595.944.81$43,934
Mar 201405,55695.895.06$28,096
Feb 201404,61097.406.19$28,545
Jan 201406,31790.404.86$30,705
Dec 20132025,93691.824.35$44,396
Nov 201326,12188.853.74$23,060
Oct 20131926,08797.423.78$41,710
Sep 201326,173104.113.72$23,158
Aug 201316,050104.253.52$21,416
Jul 20131866,858102.523.72$44,565
Jun 201347,18194.403.93$28,623
May 201317,07394.834.15$29,441
Apr 20131866,77893.964.28$46,504
Mar 20131847,01493.623.91$44,671
Feb 201316,53491.233.42$22,437
Jan 201337,69591.603.42$26,591
Dec 20121837,85186.773.42$42,731
Nov 201206,69386.953.62$24,262
Oct 20121848,15689.383.40$44,174
Sep 20121887,79494.672.92$40,544
Aug 201228,45992.662.91$24,785
Jul 201238,18885.133.02$24,990
Jun 20121867,88379.822.52$34,704
May 201218,56691.612.49$21,407
Apr 201207,982101.652.00$15,938
Mar 20121939,475105.052.22$41,329
Feb 201204,271101.102.57$10,978
Jan 201238,22698.092.73$22,785
Dec 20111967,74196.873.24$44,065
Nov 20111868,42695.723.31$45,705
Oct 201108,20184.983.65$29,922
Sep 201128,64183.623.99$34,609
Aug 20111909,15883.404.15$53,845
Jul 20111869,51694.144.52$60,496
Jun 201109,23092.904.64$42,826
May 20111789,49698.134.40$59,295
Apr 201108,770105.964.33$38,003
Mar 201109,00396.364.06$36,528
Feb 20111936,65785.644.18$44,355
Jan 201107,47386.504.59$34,292
Dec 20101967,95085.734.35$51,368
Nov 201019,29580.843.80$35,358
Oct 20103667,89878.103.51$56,298
Sep 201017,77972.633.98$31,029
Aug 20101818,76173.684.42$52,054
Jul 201029,75372.554.74$46,340
Jun 201018110,22370.364.91$62,934
May 20101788,93471.124.24$50,497
Apr 20101799,60281.694.12$54,209
Mar 201018110,54278.394.39$60,454
Feb 20101889,29973.585.44$64,442
Jan 2010010,73674.365.96$64,030
Dec 200918611,32571.445.48$75,391
Nov 200917910,55674.593.75$52,952
Oct 200918011,85472.544.11$61,780
Sep 200917412,13165.543.06$48,582
Aug 200935813,07767.423.22$66,225
Jul 200919012,88461.133.46$56,251
Jun 200917812,64966.163.90$61,044
May 200935313,50854.743.93$72,352
Apr 200918813,30346.773.59$56,517
Mar 200937311,18442.144.06$61,114
Feb 200936410,58332.814.63$60,974
Jan 200936614,58335.865.37$91,450
Dec 200809,48837.105.98$56,711
Nov 200818913,07255.496.86$100,166
Oct 2008014,73075.246.92$101,961
Sep 200835815,234101.767.88$156,430
Aug 200835216,626114.228.48$181,244
Jul 200853522,792131.0811.39$329,716
Jun 200818528,202131.3313.03$391,842
May 200890035,907123.1711.57$526,451
Apr 200802,970110.3110.45$31,051
Mar 200804,945101.909.66$47,789
Feb 200805,25192.538.77$46,054
Jan 200806,26190.388.21$51,376
Dec 200705,75288.337.30$42,001
Nov 200703,89391.677.29$28,387
Oct 200703,98082.856.92$27,549
Sep 200704,81075.846.24$30,034
Aug 20071888,21069.066.39$65,428
Jul 200706,03570.906.39$38,551
Jun 20071926,41962.007.55$60,358
May 200707,59958.747.85$59,624
Apr 200708,95459.617.81$69,888
Mar 2007012,60656.927.30$92,049
Feb 200717910,02555.108.22$92,228
Jan 2007011,66150.306.73$78,442
Dec 200617817,47356.656.92$130,970
Nov 200617224,88354.207.62$198,868
Oct 200619139,94254.906.01$250,689

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             6 bbl  × $106.41 =       $638
Gas                1,304 Mcf  × $  3.05 =     $3,972

────────────────────────────────────────────────────
Month total                                   $4,610

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/221342 is the state's own key, not one this site invented.