STILES 4

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 221365District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jun 2006 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
240
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 Gas112007-03-13172576
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
CondensateDisposition18,928 bbl$1,300,669
GasProduction748,323 Mcf$4,293,544
Total$5,594,213

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 35.4458, -100.0696. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44584, -100.06956 · 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

42-4833191340415,100 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 (240)

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

240 months

May 20262324106.413.05$1,200
Apr 2026236598.932.87$1,245
Mar 2026238789.753.15$1,398
Feb 2026235563.503.75$1,458
Jan 2026234459.138.00$2,870
Dec 2025239256.664.41$1,843
Nov 2025339658.593.93$1,731
Oct 2025340159.383.30$1,503
Sep 2025239662.743.08$1,344
Aug 2025245263.933.01$1,491
Jul 2025241366.743.32$1,503
Jun 2025340266.483.13$1,457
May 2025341560.553.23$1,523
Apr 2025340062.363.54$1,604
Mar 2025240567.704.27$1,864
Feb 2025232470.884.34$1,548
Jan 2025237774.324.28$1,762
Dec 2024239568.993.12$1,371
Nov 2024341269.052.20$1,113
Oct 2024339371.372.28$1,111
Sep 2024238869.612.36$1,057
Aug 2024240075.632.06$977
Jul 2024237579.932.15$965
Jun 2024127378.082.63$797
May 2024235278.812.20$931
Apr 2024236984.451.66$781
Mar 2024241880.301.55$806
Feb 2024341676.091.78$970
Jan 2024239073.023.30$1,432
Dec 2023343371.262.61$1,344
Nov 2023341677.892.81$1,402
Oct 2023345585.443.09$1,661
Sep 2023239789.042.74$1,264
Aug 2023134680.522.67$1,005
Jul 2023237974.852.64$1,151
Jun 2023132568.962.26$803
May 2023232570.622.23$865
Apr 2023134978.122.24$859
Mar 2023135372.852.39$918
Feb 2023132475.112.47$874
Jan 2023233676.533.39$1,291
Dec 2022237076.415.73$2,273
Nov 2022135285.005.65$2,072
Oct 2022243687.185.86$2,731
Sep 2022132784.888.16$2,754
Aug 2022136394.529.13$3,408
Jul 20221361101.587.54$2,824
Jun 20221332115.097.98$2,764
May 20221364109.378.43$3,179
Apr 20221355104.226.84$2,532
Mar 20221394108.885.08$2,109
Feb 2022234391.054.86$1,849
Jan 2022252181.844.54$2,528
Dec 2021351671.323.90$2,226
Nov 2021352877.435.24$2,997
Oct 2021251579.795.71$3,102
Sep 2021243769.865.35$2,478
Aug 2021243966.024.22$1,985
Jul 2021249970.783.98$2,129
Jun 2021247669.493.38$1,748
May 2021249163.483.02$1,609
Apr 2021241960.362.76$1,277
Mar 2021242761.302.72$1,283
Feb 2021129057.805.55$1,667
Jan 2021347950.412.81$1,497
Dec 2020232644.642.68$961
Nov 2020141638.772.71$1,165
Oct 2020137936.972.48$976
Sep 2020141737.091.99$867
Aug 2020142539.982.39$1,054
Jul 2020041938.371.83$765
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 20190059.012.30$0
Nov 201960355.302.75$3,326
Oct 20190053.472.42$0
Sep 201904355.052.66$114
Aug 2019595153.112.30$3,251
Jul 201903956.272.46$96
Jun 2019154152.782.49$1,401
May 2019056458.482.74$1,546
Apr 2019054862.632.75$1,507
Mar 2019161456.803.06$1,937
Feb 2019153850.852.79$1,553
Jan 2019163846.033.23$2,106
Dec 2018166046.594.19$2,809
Nov 2018156252.934.24$2,434
Oct 2018167061.443.40$2,338
Sep 201817265659.543.11$12,280
Aug 2018169159.403.07$2,178
Jul 2018066565.142.93$1,950
Jun 2018166360.183.08$2,100
May 2018171565.382.90$2,139
Apr 2018167363.842.90$2,016
Mar 2018172761.222.79$2,087
Feb 2018161961.782.77$1,774
Jan 2018170362.874.01$2,881
Dec 2017174557.272.92$2,234
Nov 2017167355.423.12$2,154
Oct 201719373549.292.98$11,706
Sep 2017168047.523.09$2,147
Aug 2017175045.373.00$2,299
Jul 2017077843.873.09$2,402
Jun 2017172242.493.09$2,272
May 2017177045.373.26$2,558
Apr 2017174847.933.21$2,450
Mar 2017177746.772.98$2,365
Feb 2017169550.452.95$2,103
Jan 2017179649.413.42$2,771
Dec 2016177148.763.72$2,919
Nov 2016179242.492.64$2,137
Oct 2016181546.193.09$2,565
Sep 2016180341.553.10$2,531
Aug 2016083341.442.92$2,436
Jul 201617984541.622.92$9,921
Jun 2016085745.352.69$2,302
May 2016192542.521.99$1,884
Apr 2016287936.561.99$1,823
Mar 2016287433.011.79$1,634
Feb 2016185126.472.06$1,783
Jan 2016194927.352.36$2,271
Dec 2015199232.362.00$2,018
Nov 2015292438.792.17$2,080
Oct 20151781,05343.552.43$10,307
Sep 201511,04042.992.76$2,912
Aug 201501,11740.162.87$3,209
Jul 201501,16348.152.95$3,425
Jun 201511,08256.152.88$3,175
May 201511,20755.212.96$3,622
Apr 20151841,18049.822.71$12,361
Mar 201501,21142.892.93$3,554
Feb 201501,35944.662.98$4,045
Jan 201501,34443.433.10$4,167
Dec 20141951,25054.693.59$15,154
Nov 201401,26470.464.25$5,374
Oct 201401,29078.303.90$5,032
Sep 201401,29786.164.05$5,247
Aug 20141881,34389.394.04$22,224
Jul 201401,22996.564.18$5,137
Jun 201401,12198.164.74$5,310
May 201401,46594.734.73$6,924
Apr 201401,19995.944.81$5,766
Mar 20141771,26895.895.06$23,385
Feb 201401,21397.406.19$7,511
Jan 201401,44290.404.86$7,009
Dec 2013441,73391.824.35$11,586
Nov 201301,95088.853.74$7,290
Oct 201302,06297.423.78$7,793
Sep 20131842,162104.113.72$27,194
Aug 201312,339104.253.52$8,344
Jul 201302,495102.523.72$9,276
Jun 201302,57194.403.93$10,113
May 20131832,46194.834.15$27,565
Apr 201302,59793.964.28$11,122
Mar 201312,57293.623.91$10,158
Feb 20131942,34791.233.42$25,725
Jan 20131952,73691.603.42$27,219
Dec 201212,97686.773.42$10,265
Nov 201202,73486.953.62$9,911
Oct 20121822,94389.383.40$26,272
Sep 201203,06794.672.92$8,951
Aug 201212,41192.662.91$7,104
Jul 20121841,69585.133.02$20,784
Jun 201213,02479.822.52$7,697
May 201213,19891.612.49$8,049
Apr 20121843,103101.652.00$24,900
Mar 201202,936105.052.22$6,524
Feb 20122092,888101.102.57$28,553
Jan 201203,16398.092.73$8,648
Dec 20111863,16696.873.24$28,275
Nov 20111883,09295.723.31$28,234
Oct 201103,51884.983.65$12,836
Sep 20111953,45383.623.99$30,069
Aug 201103,72183.404.15$15,440
Jul 20111883,84394.144.52$35,058
Jun 201104,79192.904.64$22,230
May 20111952,11198.134.40$28,434
Apr 201103,735105.964.33$16,185
Mar 201103,30896.364.06$13,422
Feb 20111873,46585.644.18$30,498
Jan 20111983,78686.504.59$34,500
Dec 201004,04685.734.35$17,591
Nov 20101844,20880.843.80$30,845
Oct 20101784,09978.103.51$28,285
Sep 201024,36772.633.98$17,524
Aug 20101785,63173.684.42$38,000
Jul 20103605,57572.554.74$52,524
Jun 201004,92770.364.91$24,194
May 20101784,57771.124.24$32,044
Apr 20101825,49581.694.12$37,522
Mar 201005,93678.394.39$26,051
Feb 20101815,45973.585.44$43,028
Jan 20101856,36474.365.96$51,712
Dec 200906,39371.445.48$35,058
Nov 20091856,10574.593.75$36,702
Oct 20091836,46472.544.11$39,843
Sep 20091806,10565.543.06$30,508
Aug 20091856,35967.423.22$32,939
Jul 20091775,95761.133.46$31,458
Jun 20091825,65666.163.90$34,071
May 20091786,14654.743.93$33,871
Apr 20091917,16146.773.59$34,623
Mar 20091828,10442.144.06$40,564
Feb 20093487,26332.814.63$45,067
Jan 200919312,00835.865.37$71,416
Dec 200804,58337.105.98$27,393
Nov 20081825,36955.496.86$46,932
Oct 200805,27375.246.92$36,500
Sep 200805,699101.767.88$44,892
Aug 200806,850114.228.48$58,109
Jul 200807,207131.0811.39$82,084
Jun 200807,695131.3313.03$100,286
May 200807,115123.1711.57$82,351
Apr 200807,545110.3110.45$78,882
Mar 200808,078101.909.66$78,066
Feb 20081849,62692.538.77$101,451
Jan 200804,53790.388.21$37,229
Dec 20071889,13188.337.30$83,280
Nov 20071928,13991.677.29$76,948
Oct 20073778,80282.856.92$92,162
Sep 20073589,27775.846.24$85,078
Aug 20071949,04569.066.39$71,177
Jul 200719910,50670.906.39$81,221
Jun 200719111,07262.007.55$95,418
May 200719212,39158.747.85$108,501
Apr 200738010,98059.617.81$108,353
Mar 200719212,43756.927.30$101,743
Feb 2007011,46355.108.22$94,180
Jan 200735012,71150.306.73$103,110
Dec 200673217,08056.656.92$159,635
Nov 200675017,35254.207.62$172,829
Oct 200671221,40954.906.01$167,838
Sep 20061,04025,41360.085.04$190,494
Aug 20061,05635,85068.717.34$335,694
Jul 20061,93358,49269.376.34$505,093
Jun 20061,05130,95766.286.38$267,286

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                  324 Mcf  × $  3.05 =       $987

────────────────────────────────────────────────────
Month total                                   $1,200

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/221365 is the state's own key, not one this site invented.