STILES 16

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 221361District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Aug 2006 – May 2026
Value, last 12 filed months
$158 k
at the published price for each month
Months reported
238
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 Gas112007-01-26172234
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
CondensateDisposition12,995 bbl$926,161
GasProduction2,408,768 Mcf$11,471,391
Total$12,397,552

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 35.4672, -100.0846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46717, -100.08464 · 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
16,595 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 16,595 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-48332054201616,595 ftJun 2012

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 (238)

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

238 months

May 2026991,919106.413.05$16,380
Apr 2026162,50198.932.87$8,760
Mar 2026912,83889.753.15$17,105
Feb 2026102,36163.503.75$9,490
Jan 2026142,15659.138.00$18,071
Dec 2025162,62156.664.41$12,474
Nov 2025182,69058.593.93$11,617
Oct 20251242,97259.383.30$17,185
Sep 2025183,20162.743.08$10,979
Aug 2025173,72063.933.01$12,302
Jul 2025183,47866.743.32$12,732
Jun 2025192,95466.483.13$10,505
May 2025253,24960.553.23$12,016
Apr 20251763,17762.363.54$22,232
Mar 2025133,04667.704.27$13,881
Feb 2025132,39170.884.34$11,300
Jan 2025163,11674.324.28$14,521
Dec 2024152,99468.993.12$10,380
Nov 2024233,18469.052.20$8,588
Oct 2024213,18071.372.28$8,754
Sep 20241143,29969.612.36$15,736
Aug 2024143,46975.632.06$8,218
Jul 2024183,56079.932.15$9,081
Jun 2024102,70178.082.63$7,895
May 20241473,57578.812.20$19,444
Apr 2024224,00084.451.66$8,495
Mar 2024244,35980.301.55$8,662
Feb 2024244,03076.091.78$9,014
Jan 20241563,42973.023.30$22,699
Dec 2023264,29271.262.61$13,058
Nov 2023344,22777.892.81$14,516
Oct 2023314,51085.443.09$16,572
Sep 20231044,39089.042.74$21,267
Aug 2023164,70580.522.67$13,864
Jul 2023234,78674.852.64$14,365
Jun 2023944,58568.962.26$16,837
May 2023254,78670.622.23$12,426
Apr 2023184,52578.122.24$11,532
Mar 2023214,87772.852.39$13,201
Feb 20232034,54375.112.47$26,449
Jan 2023254,80776.533.39$18,198
Dec 2022254,81376.415.73$29,484
Nov 2022204,66185.005.65$28,017
Oct 20221684,90287.185.86$43,390
Sep 2022225,16284.888.16$44,008
Aug 2022205,24094.529.13$49,717
Jul 2022105,120101.587.54$39,631
Jun 2022155,088115.097.98$42,314
May 2022185,076109.378.43$44,775
Apr 20221994,982104.226.84$54,805
Mar 2022175,348108.885.08$29,000
Feb 2022264,90691.054.86$26,205
Jan 2022175,49081.844.54$26,303
Dec 2021965,36571.323.90$27,766
Nov 2021264,98177.435.24$28,098
Oct 2021235,26779.795.71$31,930
Sep 2021195,20569.865.35$29,179
Aug 20212015,43766.024.22$36,217
Jul 2021205,57770.783.98$23,624
Jun 2021215,56069.493.38$20,256
May 2021225,86363.483.02$19,089
Apr 2021325,63260.362.76$17,467
Mar 20212226,00061.302.72$29,910
Feb 2021195,55157.805.55$31,895
Jan 2021325,54250.412.81$17,188
Dec 2020265,31044.642.68$15,367
Nov 2020165,48738.772.71$15,471
Oct 2020175,69836.972.48$14,751
Sep 2020995,70637.091.99$15,033
Aug 2020115,77739.982.39$14,219
Jul 2020105,48438.371.83$10,393
Jun 20201965,74734.901.69$16,555
May 2020135,80716.921.81$10,758
Apr 2020145,70214.751.80$10,495
Mar 20202016,30130.341.86$17,794
Feb 2020126,66049.881.98$13,790
Jan 2020157,37157.252.09$16,299
Dec 2019227,38859.012.30$18,323
Nov 2019177,23655.302.75$20,844
Oct 2019198,07053.472.42$20,534
Sep 20191997,36655.052.66$30,528
Aug 2019147,75653.112.30$18,616
Jul 2019338,06556.272.46$21,697
Jun 20191977,99452.782.49$30,312
May 201968,03658.482.74$22,372
Apr 201957,86462.632.75$21,945
Mar 20191957,42856.803.06$33,821
Feb 201976,56950.852.79$18,698
Jan 201987,19646.033.23$23,598
Dec 201887,46346.594.19$31,609
Nov 2018107,06852.934.24$30,478
Oct 201887,92961.443.40$27,435
Sep 20181908,05559.543.11$36,348
Aug 20181887,95059.403.07$35,546
Jul 201847,34265.142.93$21,786
Jun 201846,93360.183.08$21,573
May 201866,56865.382.90$19,445
Apr 201865,37063.842.90$15,960
Mar 201866,22361.222.79$17,710
Feb 201843,58961.782.77$10,175
Jan 201854,90562.874.01$19,980
Dec 201766,20557.272.92$18,472
Nov 201755,90855.423.12$18,700
Oct 201796,32849.292.98$19,324
Sep 201756,72147.523.09$20,987
Aug 201777,35245.373.00$22,406
Jul 20171757,25643.873.09$30,079
Jun 201756,23142.493.09$19,449
May 201776,70845.373.26$22,208
Apr 20171976,46947.933.21$30,218
Mar 201796,74546.772.98$20,546
Feb 2017106,59450.452.95$19,974
Jan 201777,10349.413.42$24,630
Dec 201667,30448.763.72$27,484
Nov 201655,99842.492.64$16,073
Oct 20161894,00646.193.09$21,109
Sep 201667,88841.553.10$24,707
Aug 201648,68041.442.92$25,549
Jul 201628,46841.622.92$24,847
Jun 201648,28145.352.69$22,423
May 20161958,73042.521.99$25,673
Apr 2016138,11036.561.99$16,623
Mar 2016148,90433.011.79$16,436
Feb 201667,02526.472.06$14,656
Jan 20162006,44027.352.36$20,696
Dec 2015139,56832.362.00$19,570
Nov 2015158,93838.792.17$19,953
Oct 2015189,80943.552.43$24,586
Sep 20151929,63242.992.76$34,823
Aug 2015310,42640.162.87$30,069
Jul 2015210,52748.152.95$31,099
Jun 2015510,38356.152.88$30,213
May 20151011,13555.212.96$33,461
Apr 2015510,93349.822.71$29,840
Mar 2015012,14042.892.93$35,627
Feb 2015010,90344.662.98$32,449
Jan 201503343.433.10$102
Dec 201438439654.693.59$22,423
Nov 201405,29470.464.25$22,509
Oct 2014011,18578.303.90$43,632
Sep 201418711,24986.164.05$61,619
Aug 2014011,82189.394.04$47,699
Jul 201418511,98696.564.18$67,960
Jun 2014010,96198.164.74$51,921
May 2014010,99594.734.73$51,969
Apr 201418811,53295.944.81$73,495
Mar 201419210,62295.895.06$72,124
Feb 2014010,96997.406.19$67,920
Jan 201419112,14590.404.86$76,300
Dec 20134412,73091.824.35$59,473
Nov 2013012,60488.853.74$47,117
Oct 201317213,53097.423.78$67,891
Sep 201318915,833104.113.72$78,540
Aug 2013113,122104.253.52$46,328
Jul 201319015,445102.523.72$76,899
Jun 2013115,35594.403.93$60,492
May 201319114,59794.834.15$78,677
Apr 2013016,27293.964.28$69,686
Mar 201337318,31293.623.91$106,573
Feb 201318714,57091.233.42$66,888
Jan 2013013,35891.603.42$45,683
Dec 201238116,89186.773.42$90,829
Nov 201218017,55686.953.62$79,291
Oct 201217819,54289.383.40$82,346
Sep 2012020,72394.672.92$60,478
Aug 201218523,11192.662.91$84,353
Jul 201237425,53885.133.02$108,984
Jun 20121322,83779.822.52$58,565
May 20121839,54591.612.49$40,516
Apr 201207,834101.652.00$15,643
Mar 201208,210105.052.22$18,243
Feb 201207,496101.102.57$19,267
Jan 201208,25998.092.73$22,581
Dec 201108,19496.873.24$26,546
Nov 201108,74295.723.31$28,947
Oct 20111919,65384.983.65$51,451
Sep 201107,81083.623.99$31,129
Aug 201108,21383.404.15$34,078
Jul 201108,58594.144.52$38,781
Jun 201108,48992.904.64$39,388
May 201108,88198.134.40$39,119
Apr 201108,600105.964.33$37,266
Mar 201108,89096.364.06$36,070
Feb 201107,82185.644.18$32,692
Jan 201108,78186.504.59$40,294
Dec 201009,05285.734.35$39,356
Nov 201009,01080.843.80$34,196
Oct 2010010,11478.103.51$35,489
Sep 201008,61372.633.98$34,275
Aug 20101719,91873.684.42$56,430
Jul 201009,95872.554.74$47,166
Jun 201009,35070.364.91$45,912
May 2010010,16771.124.24$43,059
Apr 2010010,52281.694.12$43,379
Mar 2010010,58278.394.39$46,441
Feb 201009,64273.585.44$52,475
Jan 2010010,90774.365.96$65,050
Dec 2009011,34971.445.48$62,235
Nov 2009010,87474.593.75$40,794
Oct 2009011,95272.544.11$49,126
Sep 200915112,15365.543.06$47,142
Aug 2009012,71667.423.22$40,926
Jul 2009011,90761.133.46$41,252
Jun 2009011,68166.163.90$45,498
May 2009011,95754.743.93$46,940
Apr 2009011,55846.773.59$41,464
Mar 2009012,70642.144.06$51,574
Feb 200916911,74032.814.63$59,936
Jan 2009013,04235.865.37$70,049
Dec 2008012,80537.105.98$76,537
Nov 2008013,40255.496.86$91,943
Oct 2008013,97875.246.92$96,755
Sep 2008013,733101.767.88$108,176
Aug 200817414,882114.228.48$146,119
Jul 2008015,356131.0811.39$174,896
Jun 2008015,364131.3313.03$200,233
May 2008016,340123.1711.57$189,124
Apr 2008017,007110.3110.45$177,806
Mar 2008016,250101.909.66$157,041
Feb 2008016,34792.538.77$143,373
Jan 200818618,34590.388.21$167,345
Dec 2007017,52588.337.30$127,967
Nov 2007020,06791.677.29$146,323
Oct 2007021,78082.856.92$150,761
Sep 200717222,64175.846.24$154,419
Aug 2007024,67669.066.39$157,629
Jul 2007024,72170.906.39$157,916
Jun 200717925,47562.007.55$203,395
May 200719527,50358.747.85$227,251
Apr 200718628,57459.617.81$234,113
Mar 2007033,02656.927.30$241,155
Feb 2007030,88155.108.22$253,718
Jan 2007036,17350.306.73$243,330
Dec 200617145,75656.656.92$326,247
Nov 2006045,07754.207.62$343,373
Oct 200636463,32754.906.01$400,820
Sep 200617680,04160.085.04$413,757
Aug 2006033,89768.717.34$248,801

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            99 bbl  × $106.41 =    $10,535
Gas                1,919 Mcf  × $  3.05 =     $5,845

────────────────────────────────────────────────────
Month total                                  $16,380

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/221361 is the state's own key, not one this site invented.