STILES 3

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 223906District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.2 M
Jul 2005 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
251
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 Gas112007-03-13173009
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
CondensateDisposition40,885 bbl$2,771,636
GasProduction2,073,125 Mcf$13,382,419
Total$16,154,055

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 35.4536, -100.0519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45357, -100.05192 · 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
17,000 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 17,000 ft.

Completions filed
Jan 2005
1 of 1 wells

1 well

42-4833171940317,000 ftJan 2005

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 (251)

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

251 months

May 20261273106.413.05$938
Apr 2026342898.932.87$1,525
Mar 2026134889.753.15$1,186
Feb 2026348063.503.75$1,991
Jan 2026460359.138.00$5,059
Dec 2025464456.664.41$3,069
Nov 2025458158.593.93$2,516
Oct 2025232559.383.30$1,193
Sep 2025350662.743.08$1,745
Aug 2025239463.933.01$1,316
Jul 2025234966.743.32$1,290
Jun 2025239966.483.13$1,381
May 202510140760.553.23$7,431
Apr 2025238862.363.54$1,499
Mar 2025118867.704.27$870
Feb 2025242070.884.34$1,965
Jan 2025462574.324.28$2,971
Dec 2024479968.993.12$2,770
Nov 2024575169.052.20$1,996
Oct 2024566871.372.28$1,881
Sep 2024250269.612.36$1,326
Aug 2024251875.632.06$1,220
Jul 2024348879.932.15$1,287
Jun 2024255878.082.63$1,626
May 2024364578.812.20$1,654
Apr 202417558584.451.66$15,749
Mar 2024461380.301.55$1,268
Feb 2024358476.091.78$1,270
Jan 2024350073.023.30$1,868
Dec 2023583571.262.61$2,536
Nov 2023782077.892.81$2,847
Oct 2023694685.443.09$3,433
Sep 2023374389.042.74$2,299
Aug 2023387180.522.67$2,570
Jul 202351,03574.852.64$3,109
Jun 2023382068.962.26$2,059
May 2023696270.622.23$2,566
Apr 202361,47278.122.24$3,763
Mar 20231851,42972.852.39$16,897
Feb 202361,36075.112.47$3,804
Jan 202381,41876.533.39$5,416
Dec 202281,47676.415.73$9,067
Nov 202261,33885.005.65$8,065
Oct 202282,33187.185.86$14,366
Sep 2022831,55484.888.16$19,731
Aug 202281,86094.529.13$17,733
Jul 202241,969101.587.54$15,257
Jun 202262,003115.097.98$16,669
May 202292,123109.378.43$18,888
Apr 20221642,358104.226.84$33,215
Mar 202262,151108.885.08$11,573
Feb 202291,69091.054.86$9,031
Jan 202272,02281.844.54$9,748
Dec 2021112,24471.323.90$9,534
Nov 2021122,28177.435.24$12,874
Oct 2021112,49779.795.71$15,145
Sep 20211942,33669.865.35$26,053
Aug 202192,45866.024.22$10,968
Jul 202182,19370.783.98$9,299
Jun 202182,14469.493.38$7,804
May 202182,20163.483.02$7,150
Apr 2021132,28860.362.76$7,096
Mar 20211952,56861.302.72$18,931
Feb 202181,94357.805.55$11,242
Jan 2021152,45250.412.81$7,647
Dec 2020102,21144.642.68$6,362
Nov 202062,08138.772.71$5,865
Oct 202072,45636.972.48$6,346
Sep 20201872,05437.091.99$11,025
Aug 202052,28039.982.39$5,638
Jul 202042,42138.371.83$4,572
Jun 202062,48234.901.69$4,405
May 202062,57916.921.81$4,782
Apr 202062,39514.751.80$4,410
Mar 20201902,64630.341.86$10,676
Feb 202042,37249.881.98$4,898
Jan 202052,58457.252.09$5,699
Dec 201972,64259.012.30$6,501
Nov 201962,54955.302.75$7,343
Oct 201962,68353.472.42$6,810
Sep 20191902,47655.052.66$17,039
Aug 201942,37953.112.30$5,695
Jul 201942,51356.272.46$6,407
Jun 201932,38252.782.49$6,092
May 201922,75058.482.74$7,653
Apr 201922,70962.632.75$7,577
Mar 201932,95656.803.06$9,222
Feb 201932,73650.852.79$7,792
Jan 20191922,93346.033.23$18,306
Dec 201843,45746.594.19$14,655
Nov 201853,16852.934.24$13,688
Oct 201843,27061.443.40$11,357
Sep 201833,09859.543.11$9,807
Aug 20181892,77859.403.07$19,746
Jul 201823,24965.142.93$9,656
Jun 201833,28260.183.08$10,279
May 201843,55265.382.90$10,565
Apr 201854,04763.842.90$12,059
Mar 20181923,85961.222.79$22,509
Feb 201843,51561.782.77$9,970
Jan 201854,30062.874.01$17,554
Dec 201753,99457.272.92$11,955
Nov 201744,25955.423.12$13,503
Oct 20171973,84149.292.98$21,170
Sep 201733,78947.523.09$11,840
Aug 201743,90745.373.00$11,920
Jul 201723,80043.873.09$11,819
Jun 20171893,53142.493.09$18,932
May 201743,61445.373.26$11,975
Apr 201774,23347.933.21$13,930
Mar 20172014,41646.772.98$22,577
Feb 201773,99250.452.95$12,140
Jan 201754,48449.413.42$15,577
Dec 201644,60748.763.72$17,346
Nov 201644,47042.492.64$11,990
Oct 20161934,42146.193.09$22,577
Sep 201644,21741.553.10$13,242
Aug 201624,38941.442.92$12,918
Jul 201614,80941.622.92$14,105
Jun 20161884,01345.352.69$19,304
May 201654,32342.521.99$8,820
Apr 20161974,41736.561.99$15,997
Mar 201694,61433.011.79$8,575
Feb 201654,44726.472.06$9,309
Jan 20161994,84327.352.36$16,893
Dec 201585,47132.362.00$11,209
Nov 20152025,48838.792.17$19,730
Oct 2015115,46043.552.43$13,728
Sep 201545,43242.992.76$15,156
Aug 2015705,40940.162.87$18,349
Jul 20151875,14248.152.95$24,148
Jun 201535,43556.152.88$15,837
May 201555,53255.212.96$16,626
Apr 20151944,83349.822.71$22,746
Mar 201505,21342.892.93$15,299
Feb 201504,56344.662.98$13,580
Jan 20151934,89543.433.10$23,560
Dec 201404,98754.693.59$17,910
Nov 201404,67370.464.25$19,869
Oct 20141964,97878.303.90$34,766
Sep 201404,60086.164.05$18,609
Aug 201404,41989.394.04$17,831
Jul 20141714,56296.564.18$35,579
Jun 201404,63098.164.74$21,932
May 20141964,98794.734.73$42,138
Apr 201404,32095.944.81$20,775
Mar 201404,66595.895.06$23,590
Feb 20141904,42697.406.19$45,912
Jan 201404,33390.404.86$21,062
Dec 20132345,88491.824.35$47,108
Nov 201302,33288.853.74$8,718
Oct 20131984,80697.423.78$37,453
Sep 201305,713104.113.72$21,239
Aug 20131936,036104.253.52$41,383
Jul 201306,739102.523.72$25,054
Jun 201313,08194.403.93$12,213
May 20131782,83394.834.15$28,634
Apr 201305,74793.964.28$24,612
Mar 20131978,12993.623.91$50,251
Feb 20131969,33591.233.42$49,806
Jan 201338513,67591.603.42$82,033
Dec 201203,62986.773.42$12,412
Nov 201226,57586.953.62$24,008
Oct 20121916,88889.383.40$40,489
Sep 20121886,98294.672.92$38,174
Aug 201217,33592.662.91$21,424
Jul 20121887,26585.133.02$37,951
Jun 201207,32579.822.52$18,452
May 20121917,65391.612.49$36,541
Apr 201207,402101.652.00$14,780
Mar 20121958,011105.052.22$38,286
Feb 20121908,045101.102.57$39,887
Jan 201208,86898.092.73$24,246
Dec 20111819,04196.873.24$46,824
Nov 201108,73395.723.31$28,917
Oct 20111919,24184.983.65$49,947
Sep 20111896,95683.623.99$43,529
Aug 20111958,96883.404.15$53,474
Jul 20113759,20594.144.52$76,884
Jun 201109,22792.904.64$42,812
May 2011010,28898.134.40$45,317
Apr 201118510,516105.964.33$65,171
Mar 20111869,77996.364.06$57,600
Feb 201108,56885.644.18$35,814
Jan 201138110,31786.504.59$80,299
Dec 2010010,35085.734.35$44,999
Nov 201018110,06280.843.80$52,821
Oct 201018410,66978.103.51$51,807
Sep 201009,19472.633.98$36,587
Aug 201017910,81973.684.42$61,002
Jul 20103587,59972.554.74$61,965
Jun 20101759,76670.364.91$60,268
May 201009,53271.124.24$40,370
Apr 201018411,13181.694.12$60,921
Mar 201017711,63078.394.39$64,915
Feb 201017110,81373.585.44$71,430
Jan 201018412,20174.365.96$86,450
Dec 200919312,15771.445.48$80,454
Nov 200918711,67074.593.75$57,728
Oct 200918012,27672.544.11$63,515
Sep 200917811,96965.543.06$48,348
Aug 200934812,64567.423.22$64,160
Jul 200918811,34961.133.46$50,811
Jun 200918311,16366.163.90$55,587
May 200938111,51054.743.93$66,041
Apr 200917111,24046.773.59$48,321
Mar 200935011,49842.144.06$61,419
Feb 200935210,79332.814.63$61,553
Jan 200935212,47435.865.37$79,621
Dec 200836413,23337.105.98$92,600
Nov 200818112,34055.496.86$94,701
Oct 2008013,46875.246.92$93,225
Sep 200835712,184101.767.88$132,303
Aug 200852613,140114.228.48$171,547
Jul 2008014,043131.0811.39$159,942
Jun 200852813,638131.3313.03$247,081
May 200818014,119123.1711.57$185,588
Apr 200818014,581110.3110.45$172,298
Mar 200835415,499101.909.66$185,856
Feb 200835714,76992.538.77$162,566
Jan 200817116,12990.388.21$147,805
Dec 200735916,12288.337.30$149,433
Nov 200737116,68891.677.29$155,693
Oct 200737116,91482.856.92$147,816
Sep 200757217,08375.846.24$150,049
Aug 200718918,03069.066.39$128,227
Jul 200774618,77070.906.39$172,793
Jun 200718518,53962.007.55$151,411
May 200738619,67858.747.85$177,073
Apr 200737619,80959.617.81$177,027
Mar 200732521,70156.927.30$176,959
Feb 200719920,76855.108.22$181,595
Jan 200736521,77150.306.73$164,810
Dec 200636823,35456.656.92$182,420
Nov 200654923,75754.207.62$210,724
Oct 200655325,49754.906.01$183,694
Sep 200654925,80260.085.04$162,954
Aug 200653528,14068.717.34$243,305
Jul 200652829,03169.376.34$220,764
Jun 200670929,30566.286.38$234,072
May 200654532,92666.016.42$247,525
Apr 200690235,38364.397.36$318,516
Mar 200672638,13756.707.08$311,286
Feb 200673733,07457.597.75$298,804
Jan 200689940,71060.598.93$418,146
Dec 200595043,93054.9413.42$641,532
Nov 200591150,81454.6910.59$587,862
Oct 20051,60561,87558.3413.80$947,248
Sep 20051,78171,34261.4512.08$971,182
Aug 20052,705100,17961.519.80$1,147,822
Jul 20052,47251,72955.697.84$543,409

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             1 bbl  × $106.41 =       $106
Gas                  273 Mcf  × $  3.05 =       $832

────────────────────────────────────────────────────
Month total                                     $938

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/223906 is the state's own key, not one this site invented.