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 222930District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.7 M
Oct 2006 – May 2026
Value, last 12 filed months
$96 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 Gas222007-02-09 – 2009-02-252 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
CondensateDisposition26,297 bbl$1,917,159
GasProduction1,970,347 Mcf$9,803,002
Total$11,720,161

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 35.4314, -100.0424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43145, -100.04238 · 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
16,693 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 16,693 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-48332035606816,693 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 (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 20261021,474106.413.05$15,343
Apr 2026951,43398.932.87$13,511
Mar 20262581,86489.753.15$29,026
Feb 202661,09663.503.75$4,491
Jan 202661,19159.138.00$9,880
Dec 2025461056.664.41$2,919
Nov 2025666858.593.93$2,974
Oct 202561,02159.383.30$3,731
Sep 2025350662.743.08$1,745
Aug 202571,38163.933.01$4,611
Jul 202561,23866.743.32$4,505
Jun 2025695566.483.13$3,387
May 2025776960.553.23$2,910
Apr 202591,35262.363.54$5,352
Mar 2025377367.704.27$3,503
Feb 2025346370.884.34$2,222
Jan 202581,25974.324.28$5,981
Dec 20241171,32868.993.12$12,217
Nov 2024131,48269.052.20$4,156
Oct 202491,51471.372.28$4,096
Sep 202491,47669.612.36$4,116
Aug 202482,04575.632.06$4,825
Jul 202491,65079.932.15$4,261
Jun 202461,59378.082.63$4,664
May 2024101,77278.812.20$4,684
Apr 20241892,12584.451.66$19,487
Mar 2024122,14580.301.55$4,278
Feb 2024182,12476.091.78$5,158
Jan 2024103,12473.023.30$11,032
Dec 2023172,79071.262.61$8,495
Nov 2023222,70877.892.81$9,316
Oct 2023192,76285.443.09$10,150
Sep 2023122,63589.042.74$8,275
Aug 202392,74280.522.67$8,054
Jul 20231892,76174.852.64$21,441
Jun 2023122,79468.962.26$7,138
May 2023163,03170.622.23$7,881
Apr 2023122,98978.122.24$7,626
Mar 20231843,15972.852.39$20,964
Feb 2023142,89375.112.47$8,185
Jan 2023213,38776.533.39$13,081
Dec 2022954,45076.415.73$32,753
Nov 2022153,72485.005.65$22,301
Oct 2022123,65287.185.86$22,461
Sep 2022122,80184.888.16$23,885
Aug 2022143,56594.529.13$33,862
Jul 20221873,823101.587.54$47,829
Jun 2022113,570115.097.98$29,745
May 2022153,857109.378.43$34,167
Apr 20221213,950104.226.84$39,619
Mar 2022134,143108.885.08$22,447
Feb 2022203,68191.054.86$19,706
Jan 2022134,24181.844.54$20,308
Dec 20211454,15471.323.90$26,538
Nov 2021224,16577.435.24$23,515
Oct 2021184,17279.795.71$25,274
Sep 20212004,02569.865.35$35,509
Aug 2021154,08966.024.22$18,248
Jul 2021154,29770.783.98$18,173
Jun 2021153,78469.493.38$13,835
May 2021154,20063.483.02$13,626
Apr 20212084,06560.362.76$23,768
Mar 2021244,67161.302.72$14,162
Feb 2021142,59257.805.55$15,189
Jan 2021244,08450.412.81$12,687
Dec 2020193,96544.642.68$11,456
Nov 20201933,84038.772.71$17,876
Oct 2020103,93536.972.48$10,122
Sep 202093,85837.091.99$8,015
Aug 202073,87739.982.39$9,527
Jul 20201053,60638.371.83$10,610
Jun 202073,54334.901.69$6,233
May 20201333,76116.921.81$9,076
Apr 202093,62514.751.80$6,674
Mar 202073,91830.341.86$7,485
Feb 20201953,89949.881.98$17,449
Jan 202084,07057.252.09$8,984
Dec 2019104,24759.012.30$10,377
Nov 201994,03255.302.75$11,589
Oct 201994,26553.472.42$10,796
Sep 20191913,93955.052.66$20,982
Aug 201964,46053.112.30$10,596
Jul 201964,46356.272.46$11,317
Jun 201954,40652.782.49$11,240
May 201934,70858.482.74$13,077
Apr 20191914,73662.632.75$24,990
Mar 201954,83856.803.06$15,098
Feb 201954,76450.852.79$13,556
Jan 20191855,32546.033.23$25,706
Dec 201855,39846.594.19$22,826
Nov 20181924,32452.934.24$28,484
Oct 201844,26961.443.40$14,752
Sep 201845,16159.543.11$16,279
Aug 201834,22259.403.07$13,125
Jul 20181835,53265.142.93$28,140
Jun 201845,27160.183.08$16,459
May 201866,13865.382.90$18,197
Apr 201843,97463.842.90$11,783
Mar 201843,29461.222.79$9,425
Feb 20181894,41961.782.77$23,900
Jan 201864,94362.874.01$20,195
Dec 201776,48157.272.92$19,335
Nov 201757,03955.423.12$22,227
Oct 201796,32549.292.98$19,315
Sep 20171916,01447.523.09$27,643
Aug 201766,11045.373.00$18,629
Jul 201746,45643.873.09$20,107
Jun 201766,80642.493.09$21,267
May 20171916,07745.373.26$28,497
Apr 2017106,18947.933.21$20,356
Mar 2017106,28246.772.98$19,211
Feb 2017116,21950.452.95$18,917
Jan 20171937,51749.413.42$35,235
Dec 201666,71248.763.72$25,280
Nov 201677,40642.492.64$19,881
Oct 20162007,26546.193.09$31,689
Sep 201666,96341.553.10$21,839
Aug 201647,20141.442.92$21,224
Jul 201627,77241.622.92$22,811
Jun 20161908,06345.352.69$30,272
May 201687,92342.521.99$16,115
Apr 2016137,35736.561.99$15,123
Mar 20162027,60433.011.79$20,310
Feb 201677,07726.472.06$14,790
Jan 20162037,92327.352.36$24,285
Dec 2015128,43232.362.00$17,264
Nov 20152007,46738.792.17$23,941
Oct 2015126,32443.552.43$15,868
Sep 201546,16742.992.76$17,183
Aug 201524,84340.162.87$13,992
Jul 20151846,42448.152.95$27,779
Jun 201523,38456.152.88$9,868
May 201554,58455.212.96$13,824
Apr 201535,25149.822.71$14,362
Mar 20152036,26642.892.93$27,096
Feb 201505,61844.662.98$16,720
Jan 20151949,50343.433.10$37,891
Dec 201419313,03854.693.59$57,379
Nov 201419112,75470.464.25$67,686
Oct 2014011,82378.303.90$46,121
Sep 20141917,84586.164.05$48,193
Aug 20141898,06289.394.04$49,426
Jul 2014010,43796.564.18$43,622
Jun 201418310,03698.164.74$65,503
May 2014015,25894.734.73$72,118
Apr 201403,00495.944.81$14,447
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013444891.824.35$4,249
Nov 20130088.853.74$0
Oct 20131951,41697.423.78$24,348
Sep 201304,725104.113.72$17,566
Aug 201316,104104.253.52$21,606
Jul 20131928,120102.523.72$49,872
Jun 201358,19194.403.93$32,691
May 20131778,62194.834.15$52,554
Apr 20131967,95793.964.28$52,493
Mar 201317,13693.623.91$28,016
Feb 201306,32291.233.42$21,621
Jan 20132038,24791.603.42$46,799
Dec 201208,15186.773.42$27,878
Nov 20121888,29686.953.62$46,419
Oct 201207,12689.383.40$24,226
Sep 20121957,16894.672.92$39,380
Aug 201208,37192.662.91$24,344
Jul 20121857,77085.133.02$39,221
Jun 201208,30079.822.52$20,908
May 201208,79491.612.49$21,882
Apr 20121888,453101.652.00$35,989
Mar 20121869,541105.052.22$40,740
Feb 201207,896101.102.57$20,295
Jan 20121969,14398.092.73$44,223
Dec 201109,96996.873.24$32,297
Nov 20111899,41395.723.31$49,260
Oct 2011010,79484.983.65$39,382
Sep 201119510,48383.623.99$58,089
Aug 2011010,50583.404.15$43,589
Jul 201137312,75794.144.52$92,741
Jun 2011011,56092.904.64$53,637
May 201119210,13398.134.40$63,475
Apr 2011010,876105.964.33$47,129
Mar 201137413,14896.364.06$89,385
Feb 2011011,38585.644.18$47,589
Jan 201117812,59386.504.59$73,184
Dec 201019010,09085.734.35$60,158
Nov 2010113,37480.843.80$50,840
Oct 201018514,36878.103.51$64,864
Sep 201018113,03072.633.98$64,999
Aug 201017914,90473.684.42$79,055
Jul 201018514,74772.554.74$83,271
Jun 2010115,38670.364.91$75,622
May 201017816,52571.124.24$82,646
Apr 2010015,05081.694.12$62,046
Mar 201036914,66678.394.39$93,290
Feb 2010013,37473.585.44$72,786
Jan 201018116,21474.365.96$110,161
Dec 200919116,40271.445.48$103,590
Nov 200935716,45574.593.75$88,360
Oct 200936716,98572.544.11$96,435
Sep 200917218,32565.543.06$67,434
Aug 200936018,72367.423.22$84,531
Jul 200934615,19961.133.46$73,808
Jun 200918514,93266.163.90$70,400
May 200918215,56154.743.93$71,051
Apr 200937417,64046.773.59$80,775
Mar 200953321,05642.144.06$107,927
Feb 200972819,95032.814.63$116,314
Jan 200937023,06135.865.37$137,129
Dec 200856225,25037.105.98$171,773
Nov 200870626,27355.496.86$219,418
Oct 200854229,56375.246.92$245,415
Sep 20081,08933,411101.767.88$373,998
Aug 20081,25543,774114.228.48$514,682
Jul 20081,07457,269131.0811.39$793,041
Jun 2008013,622131.3313.03$177,530
May 200804,460123.1711.57$51,621
Apr 20081847,217110.3110.45$95,750
Mar 200809,385101.909.66$90,697
Feb 200809,22192.538.77$80,874
Jan 20081829,34690.388.21$93,140
Dec 200707,65688.337.30$55,904
Nov 20071888,83491.677.29$81,649
Oct 200706,73482.856.92$46,613
Sep 200719111,66075.846.24$87,292
Aug 2007015,33169.066.39$97,934
Jul 200738013,08470.906.39$110,522
Jun 2007015,24462.007.55$115,069
May 200717715,33058.747.85$130,680
Apr 200719518,04759.617.81$152,484
Mar 200719623,44356.927.30$182,336
Feb 200735818,57855.108.22$172,363
Jan 2007032,70950.306.73$220,029
Dec 200654545,82756.656.92$347,926
Nov 200673161,49554.207.62$508,057
Oct 200636962,89254.906.01$398,478

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           102 bbl  × $106.41 =    $10,854
Gas                1,474 Mcf  × $  3.05 =     $4,490

────────────────────────────────────────────────────
Month total                                  $15,343

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/222930 is the state's own key, not one this site invented.