STILES 1

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 224706District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Nov 2006 – Jun 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 Gas222007-03-13 – 2009-11-122 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
CondensateDisposition17,615 bbl$1,198,216
GasProduction1,391,296 Mcf$9,096,893
Total$10,295,109

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 35.4381, -100.0780. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43814, -100.07797 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
16,815 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
1100.0%
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.
00.0%

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 16,815 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-4833217230116,815 ftSep 2009Yes

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 (224)

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

224 months

Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
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 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201401,45498.164.74$6,887
May 201401,99694.734.73$9,434
Apr 201401,77995.944.81$8,555
Mar 201402,28795.895.06$11,565
Feb 201402,19497.406.19$13,585
Jan 201402,35190.404.86$11,428
Dec 2013442,21491.824.35$13,681
Nov 20131432,35288.853.74$21,498
Oct 201302,50497.423.78$9,464
Sep 201302,753104.113.72$10,235
Aug 201303,149104.253.52$11,093
Jul 201313,188102.523.72$11,955
Jun 201303,32594.403.93$13,079
May 201303,05094.834.15$12,655
Apr 201301,74293.964.28$7,460
Mar 201302,91293.623.91$11,394
Feb 201302,62091.233.42$8,960
Jan 201322,74591.603.42$9,571
Dec 201202,77086.773.42$9,474
Nov 201212,87986.953.62$10,523
Oct 201213,08289.383.40$10,567
Sep 201203,10694.672.92$9,065
Aug 201233,73692.662.91$11,143
Jul 20121923,82085.133.02$27,884
Jun 201223,79979.822.52$9,729
May 201203,36091.612.49$8,361
Apr 201202,946101.652.00$5,883
Mar 201203,534105.052.22$7,853
Feb 201203,543101.102.57$9,106
Jan 20121914,41998.092.73$30,817
Dec 201105,23296.873.24$16,950
Nov 201104,77495.723.31$15,808
Oct 201104,50084.983.65$16,418
Sep 201115,84083.623.99$23,361
Aug 20111916,83383.404.15$44,282
Jul 201105,63594.144.52$25,455
Jun 20111876,75992.904.64$48,733
May 201106,97198.134.40$30,706
Apr 201108,017105.964.33$34,740
Mar 201109,81296.364.06$39,811
Feb 20111906,80985.644.18$44,733
Jan 201108,37686.504.59$38,436
Dec 201009,38485.734.35$40,799
Nov 201019,72280.843.80$36,979
Oct 201017711,51378.103.51$54,222
Sep 201018112,73572.633.98$63,825
Aug 2010113,29273.684.42$58,816
Jul 201018212,34372.554.74$71,667
Jun 2010512,34670.364.91$60,976
May 201017512,86071.124.24$66,911
Apr 201016814,34081.694.12$72,843
Mar 201036614,41078.394.39$91,931
Feb 201018214,10973.585.44$90,178
Jan 201017616,98574.365.96$114,387
Dec 200918515,33271.445.48$97,293
Nov 200917911,17474.593.75$55,271
Oct 200935419,89072.544.11$107,432
Sep 200917320,97165.543.06$75,609
Aug 20091672,26167.423.22$18,536
Jul 200907,54661.133.46$26,143
Jun 20091647,47566.163.90$39,965
May 200908,14354.743.93$31,967
Apr 200908,04746.773.59$28,869
Mar 200907,38842.144.06$29,988
Feb 20091836,35332.814.63$35,438
Jan 200907,67335.865.37$41,212
Dec 200808,57837.105.98$51,272
Nov 20081859,45155.496.86$75,103
Oct 2008011,16875.246.92$77,305
Sep 2008012,043101.767.88$94,864
Aug 200817813,958114.228.48$138,737
Jul 200816515,409131.0811.39$197,128
Jun 200817615,718131.3313.03$227,961
May 200817317,744123.1711.57$226,683
Apr 2008018,262110.3110.45$190,927
Mar 200818020,191101.909.66$213,469
Feb 200816220,68292.538.77$196,383
Jan 200829625,53490.388.21$236,278
Dec 200736927,04888.337.30$230,097
Nov 200719227,77991.677.29$220,157
Oct 200755530,15082.856.92$254,679
Sep 200736731,28375.846.24$223,169
Aug 200756434,19469.066.39$257,379
Jul 200753337,03970.906.39$274,393
Jun 200793739,17462.007.55$353,797
May 200775146,44858.747.85$408,558
Apr 200755546,20859.617.81$393,746
Mar 20071,28755,41756.927.30$477,909
Feb 200756459,93955.108.22$523,535
Jan 20071,38689,22950.306.73$669,946
Dec 20062,217120,23656.656.92$957,439
Nov 20061,655116,95554.207.62$980,603

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.

Jun 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.16 =         $0
Gas                1,454 Mcf  × $  4.74 =     $6,887

────────────────────────────────────────────────────
Month total                                   $6,887

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/224706 is the state's own key, not one this site invented.