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 228350District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Mar 2007 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
231
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 Gas112007-09-27176933
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
CondensateDisposition11,983 bbl$856,606
GasProduction1,962,903 Mcf$11,746,925
Total$12,603,530

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 35.4371, -100.0927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43712, -100.09271 · 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
16,715 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 16,715 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-4833220760116,715 ftMar 2007

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 (231)

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

231 months

May 20263678106.413.05$2,384
Apr 2026459298.932.87$2,095
Mar 2026362889.753.15$2,247
Feb 2026357963.503.75$2,362
Jan 2026455359.138.00$4,659
Dec 2025461256.664.41$2,928
Nov 2025461958.593.93$2,665
Oct 2025566059.383.30$2,478
Sep 2025463962.743.08$2,217
Aug 2025374663.933.01$2,441
Jul 2025467466.743.32$2,501
Jun 2025461666.483.13$2,193
May 2025452660.553.23$1,942
Apr 2025451362.363.54$2,067
Mar 2025254367.704.27$2,453
Feb 2025246870.884.34$2,173
Jan 2025354174.324.28$2,538
Dec 2024356168.993.12$1,958
Nov 2024457669.052.20$1,543
Oct 2024456271.372.28$1,568
Sep 2024351369.612.36$1,422
Aug 2024255475.632.06$1,295
Jul 2024357479.932.15$1,472
Jun 2024244078.082.63$1,315
May 2024355678.812.20$1,459
Apr 2024461784.451.66$1,362
Mar 2024466080.301.55$1,341
Feb 2024460776.091.78$1,387
Jan 2024352773.023.30$1,957
Dec 2023465471.262.61$1,992
Nov 2023564677.892.81$2,203
Oct 2023567985.443.09$2,523
Sep 2023364089.042.74$2,018
Aug 2023260580.522.67$1,778
Jul 2023471474.852.64$2,186
Jun 2023373368.962.26$1,862
May 2023478970.622.23$2,040
Apr 2023378178.122.24$1,982
Mar 2023378272.852.39$2,090
Feb 2023474475.112.47$2,135
Jan 2023481376.533.39$3,060
Dec 2022583876.415.73$5,183
Nov 2022485285.005.65$5,151
Oct 202241,21987.185.86$7,497
Sep 2022494684.888.16$8,062
Aug 2022494794.529.13$9,022
Jul 20222985101.587.54$7,632
Jun 202231,009115.097.98$8,394
May 202241,058109.378.43$9,360
Apr 202231,108104.226.84$7,889
Mar 202231,074108.885.08$5,779
Feb 202251,00691.054.86$5,343
Jan 202241,17081.844.54$5,636
Dec 202161,20471.323.90$5,122
Nov 202161,17277.435.24$6,602
Oct 202151,17179.795.71$7,090
Sep 202141,10469.865.35$6,187
Aug 202141,16766.024.22$5,190
Jul 202141,19070.783.98$5,022
Jun 202141,16169.493.38$4,203
May 202141,18463.483.02$3,827
Apr 202181,27560.362.76$4,000
Mar 202191,90661.302.72$5,730
Feb 2021465457.805.55$3,860
Jan 202161,11150.412.81$3,425
Dec 202061,00644.642.68$2,959
Nov 202031,04138.772.71$2,934
Oct 202031,15236.972.48$2,966
Sep 202031,17937.091.99$2,459
Aug 202031,28839.982.39$3,192
Jul 202031,47238.371.83$2,802
Jun 202041,81134.901.69$3,201
May 202041,79916.921.81$3,332
Apr 202041,65014.751.80$3,036
Mar 202031,72130.341.86$3,286
Feb 202021,34149.881.98$2,756
Jan 202031,35957.252.09$3,019
Dec 201941,68659.012.30$4,121
Nov 201941,54055.302.75$4,457
Oct 201941,75253.472.42$4,451
Sep 201941,89055.052.66$5,242
Aug 201932,13953.112.30$5,088
Jul 2019652,18056.272.46$9,020
Jun 201921,91052.782.49$4,864
May 2019581,95058.482.74$8,735
Apr 201901,44962.632.75$3,986
Mar 201903,24556.803.06$9,937
Feb 2019275650.852.79$2,213
Jan 201943,27846.033.23$10,766
Dec 201832,73146.594.19$11,570
Nov 201842,48552.934.24$10,741
Oct 201843,01761.443.40$10,498
Sep 201844,25159.543.11$13,450
Aug 201834,28059.403.07$13,303
Jul 201823,31365.142.93$9,844
Jun 201834,18360.183.08$13,051
May 201843,70565.382.90$11,009
Apr 201831,99463.842.90$5,976
Mar 201843,48061.222.79$9,943
Feb 201832,62861.782.77$7,455
Jan 201833,34362.874.01$13,592
Dec 201732,66757.272.92$7,964
Nov 201733,20055.423.12$10,145
Oct 201764,05349.292.98$12,389
Sep 20171883,43647.523.09$19,542
Aug 201743,61645.373.00$11,045
Jul 201723,78843.873.09$11,782
Jun 201733,52942.493.09$11,022
May 201743,22945.373.26$10,719
Apr 201742,89947.933.21$9,502
Mar 201731,53446.772.98$4,717
Feb 201742,22850.452.95$6,780
Jan 201722,11249.413.42$7,319
Dec 201622,38148.763.72$8,962
Nov 201621,53542.492.64$4,144
Oct 201631,93946.193.09$6,131
Sep 201622,03741.553.10$6,399
Aug 201612,66041.442.92$7,820
Jul 201612,12741.622.92$6,262
Jun 201624,13445.352.69$11,194
May 201643,06342.521.99$6,269
Apr 201663,75636.561.99$7,698
Mar 201652,39933.011.79$4,469
Feb 201643,54126.472.06$7,413
Jan 201664,17527.352.36$10,035
Dec 201563,51132.362.00$7,221
Nov 201584,71838.792.17$10,536
Oct 2015104,96443.552.43$12,481
Sep 201545,24842.992.76$14,648
Aug 201525,12840.162.87$14,810
Jul 201514,81248.152.95$14,220
Jun 20151893,74456.152.88$21,406
May 201532,53055.212.96$7,643
Apr 201512,88249.822.71$7,850
Mar 201503,87442.892.93$11,369
Feb 201502,76744.662.98$8,235
Jan 201502,57643.433.10$7,987
Dec 201403,09854.693.59$11,126
Nov 201404,22870.464.25$17,977
Oct 201405,07378.303.90$19,790
Sep 201405,12786.164.05$20,741
Aug 201405,04289.394.04$20,345
Jul 201405,10796.564.18$21,345
Jun 201404,95498.164.74$23,467
May 201404,40194.734.73$20,802
Apr 201403,09695.944.81$14,889
Mar 201403,73795.895.06$18,897
Feb 201402,51997.406.19$15,598
Jan 201403,36690.404.86$16,361
Dec 2013443,30991.824.35$18,449
Nov 2013944,13588.853.74$23,810
Oct 201323,99197.423.78$15,278
Sep 201304,835104.113.72$17,975
Aug 201315,578104.253.52$19,753
Jul 201304,929102.523.72$18,325
Jun 201324,51294.403.93$17,936
May 201304,70594.834.15$19,521
Apr 201305,70193.964.28$24,415
Mar 201315,04993.623.91$19,850
Feb 201304,02091.233.42$13,748
Jan 201317,14791.603.42$24,534
Dec 201207,17986.773.42$24,553
Nov 201215,72186.953.62$20,825
Oct 201207,46589.383.40$25,379
Sep 201207,51694.672.92$21,935
Aug 201206,41792.662.91$18,662
Jul 201229,23185.133.02$28,055
Jun 201226,76279.822.52$17,193
May 201205,04291.612.49$12,546
Apr 201206,892101.652.00$13,762
Mar 201204,150105.052.22$9,222
Feb 201204,681101.102.57$12,031
Jan 201205,74698.092.73$15,710
Dec 20111679,67596.873.24$47,522
Nov 201119,58295.723.31$31,824
Oct 2011010,47984.983.65$38,233
Sep 201119,19883.623.99$36,745
Aug 201105,18683.404.15$21,518
Jul 201105,32294.144.52$24,041
Jun 201105,97192.904.64$27,705
May 201109,01998.134.40$39,727
Apr 201117711,554105.964.33$68,822
Mar 2011011,17396.364.06$45,333
Feb 2011010,33585.644.18$43,200
Jan 2011110,92186.504.59$50,201
Dec 201009,70685.734.35$42,199
Nov 2010012,61780.843.80$47,886
Oct 2010015,10678.103.51$53,005
Sep 2010214,01572.633.98$55,918
Aug 2010013,66773.684.42$60,399
Jul 201017815,87672.554.74$88,110
Jun 2010112,81870.364.91$63,012
May 2010014,17071.124.24$60,013
Apr 201017014,31881.694.12$72,916
Mar 2010014,58278.394.39$63,996
Feb 2010014,76573.585.44$80,356
Jan 2010017,61974.365.96$105,081
Dec 2009020,20071.445.48$110,772
Nov 2009020,78674.593.75$77,979
Oct 200934514,84372.544.11$86,035
Sep 2009015,59465.543.06$47,792
Aug 2009017,54467.423.22$56,465
Jul 2009014,92361.133.46$51,701
Jun 200916512,81266.163.90$60,819
May 2009017,24554.743.93$67,700
Apr 200908,58246.773.59$30,788
Mar 200908,56942.144.06$34,782
Feb 200907,74532.814.63$35,883
Jan 200908,42435.865.37$45,245
Dec 200809,56137.105.98$57,147
Nov 2008011,91355.496.86$81,727
Oct 2008013,49275.246.92$93,391
Sep 2008011,467101.767.88$90,327
Aug 200818415,004114.228.48$148,296
Jul 2008022,556131.0811.39$256,900
Jun 200817622,939131.3313.03$322,070
May 2008026,541123.1711.57$307,193
Apr 200817630,747110.3110.45$340,870
Mar 200819035,505101.909.66$362,484
Feb 200835736,39292.538.77$352,212
Jan 200816340,44390.388.21$346,596
Dec 200736046,13388.337.30$368,661
Nov 200736052,81291.677.29$418,090
Oct 200735360,04382.856.92$444,863
Sep 200774566,35075.846.24$470,801
Aug 200757677,97569.066.39$537,878
Jul 200793888,98570.906.39$634,935
Jun 200791893,75262.007.55$764,598
May 20071,520117,44358.747.85$1,010,775
Apr 20072,093151,71559.617.81$1,308,930
Mar 200754552,91256.927.30$417,383

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             3 bbl  × $106.41 =       $319
Gas                  678 Mcf  × $  3.05 =     $2,065

────────────────────────────────────────────────────
Month total                                   $2,384

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/228350 is the state's own key, not one this site invented.