STILES 17

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 228600District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
May 2007 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
229
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 Gas112007-09-27176463
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
CondensateDisposition14,205 bbl$1,174,551
GasProduction1,087,351 Mcf$6,121,942
Total$7,296,492

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 35.4683, -100.0661. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46833, -100.06611 · 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
16,478 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 16,478 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-48332218601716,478 ftDec 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 (229)

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

229 months

May 20263464106.413.05$1,733
Apr 2026467798.932.87$2,339
Mar 2026358089.753.15$2,096
Feb 2026254163.503.75$2,156
Jan 2026450859.138.00$4,299
Dec 2025354956.664.41$2,593
Nov 2025461758.593.93$2,657
Oct 2025568659.383.30$2,564
Sep 2025350762.743.08$1,748
Aug 2025477363.933.01$2,586
Jul 2025587266.743.32$3,225
Jun 2025589266.483.13$3,123
May 2025790060.553.23$3,333
Apr 2025573362.363.54$2,909
Mar 2025482767.704.27$3,801
Feb 202561,02770.884.34$4,883
Jan 2025588274.324.28$4,145
Dec 2024587468.993.12$3,073
Nov 20248290469.052.20$7,649
Oct 2024681571.372.28$2,288
Sep 2024581469.612.36$2,273
Aug 2024383775.632.06$1,954
Jul 2024487379.932.15$2,194
Jun 2024261678.082.63$1,779
May 2024584078.812.20$2,241
Apr 2024481884.451.66$1,695
Mar 2024586980.301.55$1,744
Feb 2024582176.091.78$1,845
Jan 2024373473.023.30$2,640
Dec 2023577571.262.61$2,380
Nov 2023788377.892.81$3,024
Oct 20238388585.443.09$9,824
Sep 2023482389.042.74$2,607
Aug 2023391080.522.67$2,674
Jul 2023598174.852.64$2,966
Jun 2023495368.962.26$2,428
May 202361,22770.622.23$3,157
Apr 202351,16178.122.24$2,989
Mar 2023811,16672.852.39$8,691
Feb 202351,07575.112.47$3,026
Jan 202361,11476.533.39$4,233
Dec 202261,21876.415.73$7,436
Nov 202251,15385.005.65$6,935
Oct 202251,45387.185.86$8,956
Sep 202261,35184.888.16$11,538
Aug 202261,42494.529.13$13,564
Jul 202231,424101.587.54$11,045
Jun 202241,327115.097.98$11,046
May 202251,374109.378.43$12,134
Apr 20221181,363104.226.84$21,618
Mar 202241,344108.885.08$7,258
Feb 202271,22291.054.86$6,575
Jan 202251,58681.844.54$7,606
Dec 202161,33571.323.90$5,633
Nov 202171,19277.435.24$6,784
Oct 202171,47679.795.71$8,992
Sep 202151,41569.865.35$7,921
Aug 202161,43266.024.22$6,440
Jul 20211781,49770.783.98$18,560
Jun 202151,38069.493.38$5,013
May 202151,46763.483.02$4,744
Apr 202181,32760.362.76$4,143
Mar 2021111,57661.302.72$4,956
Feb 202182,22557.805.55$12,807
Jan 202191,51850.412.81$4,720
Dec 202071,43444.642.68$4,149
Nov 202041,54438.772.71$4,334
Oct 202041,52536.972.48$3,927
Sep 202041,52037.091.99$3,175
Aug 202031,63839.982.39$4,027
Jul 202031,67538.371.83$3,172
Jun 20201851,56434.901.69$9,100
May 202041,69416.921.81$3,142
Apr 202041,60814.751.80$2,960
Mar 202041,78030.341.86$3,425
Feb 202031,67049.881.98$3,457
Jan 202041,75457.252.09$3,903
Dec 201951,81459.012.30$4,475
Nov 201941,68355.302.75$4,851
Oct 201941,76853.472.42$4,490
Sep 201941,78155.052.66$4,953
Aug 20191841,88953.112.30$14,125
Jul 201931,85456.272.46$4,730
Jun 201921,88152.782.49$4,792
May 201921,95758.482.74$5,480
Apr 201921,89162.632.75$5,327
Mar 201922,19756.803.06$6,841
Feb 201921,44250.852.79$4,128
Jan 201932,26746.033.23$7,456
Dec 201821,85446.594.19$7,853
Nov 201831,90352.934.24$8,222
Oct 201832,27461.443.40$7,912
Sep 201822,02659.543.11$6,416
Aug 201822,23759.403.07$6,979
Jul 20181672,20765.142.93$17,349
Jun 201822,19860.183.08$6,883
May 201821,90165.382.90$5,645
Apr 201832,15463.842.90$6,440
Mar 201832,13961.222.79$6,145
Feb 201821,81561.782.77$5,144
Jan 201822,08562.874.01$8,485
Dec 201732,14057.272.92$6,424
Nov 201722,19655.423.12$6,959
Oct 201732,03849.292.98$6,229
Sep 20171841,88747.523.09$14,569
Aug 201722,13245.373.00$6,496
Jul 201712,08443.873.09$6,478
Jun 201722,05642.493.09$6,432
May 201721,96245.373.26$6,494
Apr 201731,83447.933.21$6,034
Mar 201721,49046.772.98$4,539
Feb 201721,30550.452.95$3,954
Jan 201722,09649.413.42$7,265
Dec 201622,32448.763.72$8,749
Nov 201622,32642.492.64$6,236
Oct 201632,34146.193.09$7,373
Sep 201622,36641.553.10$7,419
Aug 201612,42541.442.92$7,133
Jul 201612,53941.622.92$7,467
Jun 201611,97845.352.69$5,358
May 20161882,43942.521.99$12,850
Apr 201642,59736.561.99$5,317
Mar 201642,09233.011.79$3,885
Feb 201633,06626.472.06$6,407
Jan 201632,27427.352.36$5,459
Dec 201542,67932.362.00$5,491
Nov 201542,51938.792.17$5,615
Oct 201562,78843.552.43$7,027
Sep 201522,76042.992.76$7,699
Aug 201512,99640.162.87$8,646
Jul 20151842,97648.152.95$17,624
Jun 201512,88256.152.88$8,365
May 201532,98355.212.96$8,982
Apr 201512,84349.822.71$7,745
Mar 201502,78742.892.93$8,179
Feb 201502,27844.662.98$6,780
Jan 201502,20943.433.10$6,849
Dec 20141902,42954.693.59$19,115
Nov 201402,62270.464.25$11,148
Oct 201403,04378.303.90$11,871
Sep 201403,04086.164.05$12,298
Aug 201402,92789.394.04$11,811
Jul 201402,90896.564.18$12,154
Jun 201402,88298.164.74$13,652
May 201403,12294.734.73$14,756
Apr 20141902,98395.944.81$32,574
Mar 201403,11595.895.06$15,752
Feb 201402,66597.406.19$16,502
Jan 20141943,27090.404.86$33,432
Dec 201303,09791.824.35$13,486
Nov 201323,11988.853.74$11,837
Oct 201323,56497.423.78$13,664
Sep 201303,566104.113.72$13,257
Aug 201323,707104.253.52$13,267
Jul 201303,750102.523.72$13,942
Jun 20131843,87594.403.93$32,612
May 201304,09794.834.15$16,999
Apr 201303,87093.964.28$16,574
Mar 201314,21393.623.91$16,579
Feb 20131823,54891.233.42$28,738
Jan 201314,13391.603.42$14,226
Dec 201203,99986.773.42$13,677
Nov 201204,30386.953.62$15,598
Oct 20121874,67489.383.40$32,604
Sep 201205,05994.672.92$14,764
Aug 20121865,29792.662.91$32,639
Jul 201216,09185.133.02$18,485
Jun 20121818,62179.822.52$36,164
May 20120091.612.49$0
Apr 20120329101.652.00$657
Mar 20120390105.052.22$867
Feb 201203,371101.102.57$8,664
Jan 201205,41498.092.73$14,802
Dec 201105,53496.873.24$17,929
Nov 201115,54595.723.31$18,457
Oct 20111925,86984.983.65$37,729
Sep 201115,90683.623.99$23,624
Aug 201116,15883.404.15$25,635
Jul 20111916,25494.144.52$46,232
Jun 201105,76692.904.64$26,754
May 201107,00998.134.40$30,873
Apr 201106,268105.964.33$27,161
Mar 20111797,24796.364.06$46,652
Feb 201106,48585.644.18$27,107
Jan 20111827,02486.504.59$47,975
Dec 201007,35285.734.35$31,965
Nov 201007,71280.843.80$29,270
Oct 20101848,09978.103.51$42,789
Sep 201017,92572.633.98$31,610
Aug 20101757,96573.684.42$48,094
Jul 20101757,89372.554.74$50,081
Jun 20101818,24870.364.91$53,236
May 201008,23571.124.24$34,877
Apr 20101718,14881.694.12$47,561
Mar 20101878,48778.394.39$51,906
Feb 201007,68473.585.44$41,819
Jan 20101848,73774.365.96$65,790
Dec 20091809,31171.445.48$63,918
Nov 20091739,25874.593.75$47,635
Oct 200909,29172.544.11$38,188
Sep 20091789,02965.543.06$39,338
Aug 200918810,28267.423.22$45,768
Jul 200917710,10861.133.46$45,839
Jun 20091759,87266.163.90$50,029
May 2009010,60854.743.93$41,644
Apr 200917810,95246.773.59$47,615
Mar 200936111,30742.144.06$61,108
Feb 200918010,75432.814.63$55,729
Jan 2009010,68835.865.37$57,405
Dec 200818511,57537.105.98$76,049
Nov 200817613,07455.496.86$99,459
Oct 2008014,18875.246.92$98,209
Sep 200817414,355101.767.88$130,782
Aug 200817816,326114.228.48$158,825
Jul 200835317,997131.0811.39$251,247
Jun 200835518,378131.3313.03$286,136
May 200836719,448123.1711.57$270,300
Apr 200836421,248110.3110.45$262,298
Mar 200854225,864101.909.66$305,181
Feb 200876128,02292.538.77$316,185
Jan 200892540,84290.388.21$418,740
Dec 200792442,77588.337.30$393,959
Nov 20071,14234,78091.677.29$358,292
Oct 200717110,39682.856.92$86,128
Sep 2007013,22475.846.24$82,573
Aug 2007016,28669.066.39$104,034
Jul 2007019,33870.906.39$123,530
Jun 200717927,57662.007.55$219,254
May 2007042,36458.747.85$332,400

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                  464 Mcf  × $  3.05 =     $1,413

────────────────────────────────────────────────────
Month total                                   $1,733

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/228600 is the state's own key, not one this site invented.