STILES 18

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 228601District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Apr 2007 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
230
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 Gas112007-09-27176462
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
CondensateDisposition13,949 bbl$1,095,094
GasProduction1,498,186 Mcf$7,248,236
Total$8,343,330

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 35.4644, -100.0430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46442, -100.04302 · 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
16,590 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 16,590 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-48332208801816,590 ftMay 2010

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 (230)

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

230 months

May 202661,263106.413.05$4,485
Apr 202691,43098.932.87$4,994
Mar 202681,54289.753.15$5,574
Feb 202661,39463.503.75$5,609
Jan 202691,32659.138.00$11,137
Dec 2025461,55456.664.41$9,465
Nov 2025101,48058.593.93$6,397
Oct 2025121,54859.383.30$5,828
Sep 202581,45362.743.08$4,973
Aug 202581,60763.933.01$5,356
Jul 202591,70366.743.32$6,246
Jun 2025101,58666.483.13$5,627
May 2025131,65160.553.23$6,124
Apr 2025121,58562.363.54$6,364
Mar 202581,70067.704.27$7,798
Feb 202571,43470.884.34$6,721
Jan 2025861,46974.324.28$12,677
Dec 202481,60968.993.12$5,574
Nov 2024111,69669.052.20$4,488
Oct 2024111,63271.372.28$4,508
Sep 202491,67369.612.36$4,582
Aug 202471,72675.632.06$4,091
Jul 202491,73479.932.15$4,442
Jun 202451,27178.082.63$3,738
May 2024731,56478.812.20$9,191
Apr 202491,70584.451.66$3,589
Mar 2024101,68680.301.55$3,408
Feb 2024101,57376.091.78$3,567
Jan 202471,35173.023.30$4,966
Dec 2023111,79571.262.61$5,470
Nov 2023141,67677.892.81$5,796
Oct 2023971,80785.443.09$13,866
Sep 202381,75689.042.74$5,515
Aug 202361,84680.522.67$5,417
Jul 202391,81974.852.64$5,479
Jun 202381,72068.962.26$4,436
May 202391,76470.622.23$4,565
Apr 202371,69578.122.24$4,340
Mar 202371,75572.852.39$4,710
Feb 202361,64275.112.47$4,499
Jan 20231751,43476.533.39$18,251
Dec 2022101,67176.415.73$10,337
Nov 202261,64585.005.65$9,798
Oct 202292,43187.185.86$15,039
Sep 202291,97984.888.16$16,920
Aug 202282,01394.529.13$19,129
Jul 202241,994101.587.54$15,445
Jun 202261,939115.097.98$16,158
May 202271,950109.378.43$17,210
Apr 202241,903104.226.84$13,429
Mar 202251,782108.885.08$9,591
Feb 202291,62791.054.86$8,725
Jan 202261,70281.844.54$8,214
Dec 202191,89771.323.90$8,039
Nov 2021101,89077.435.24$10,672
Oct 2021102,06179.795.71$12,574
Sep 20211591,31569.865.35$18,144
Aug 202171,85066.024.22$8,270
Jul 202161,71470.783.98$7,250
Jun 202171,84369.493.38$6,717
May 202172,01263.483.02$6,516
Apr 2021101,78760.362.76$5,533
Mar 202192,15561.302.72$6,407
Feb 2021685457.805.55$5,085
Jan 202181,56950.412.81$4,813
Dec 202061,26544.642.68$3,652
Nov 202041,49038.772.71$4,188
Oct 202041,48136.972.48$3,818
Sep 202041,52737.091.99$3,189
Aug 202041,91139.982.39$4,718
Jul 202031,89438.371.83$3,572
Jun 202041,98734.901.69$3,498
May 2020991,70416.921.81$4,767
Apr 202041,68214.751.80$3,094
Mar 202041,83030.341.86$3,518
Feb 202031,71249.881.98$3,541
Jan 202041,75157.252.09$3,897
Dec 201951,85959.012.30$4,579
Nov 201941,66255.302.75$4,793
Oct 20191921,78153.472.42$14,574
Sep 201931,80355.052.66$4,956
Aug 201921,51653.112.30$3,600
Jul 201921,47356.272.46$3,736
Jun 201921,30952.782.49$3,367
May 201911,47058.482.74$4,087
Apr 201911,42062.632.75$3,969
Mar 201921,36556.803.06$4,293
Feb 201921,40850.852.79$4,033
Jan 201921,54146.033.23$5,067
Dec 201811,25146.594.19$5,283
Nov 201821,34752.934.24$5,813
Oct 201832,41761.443.40$8,397
Sep 201822,37259.543.11$7,491
Aug 201822,54659.403.07$7,926
Jul 201812,47365.142.93$7,316
Jun 20181822,33860.183.08$18,147
May 201832,53765.382.90$7,555
Apr 201832,55863.842.90$7,612
Mar 201832,58461.222.79$7,385
Feb 201832,40461.782.77$6,835
Jan 201832,81962.874.01$11,491
Dec 201732,57357.272.92$7,689
Nov 201732,76855.423.12$8,798
Oct 201752,98249.292.98$9,144
Sep 201733,06047.523.09$9,590
Aug 20171843,19445.373.00$17,944
Jul 201723,26043.873.09$10,152
Jun 201733,16042.493.09$9,883
May 201743,28945.373.26$10,915
Apr 201753,21747.933.21$10,571
Mar 201753,24046.772.98$9,901
Feb 20171893,03650.452.95$18,499
Jan 201743,31449.413.42$11,528
Dec 201633,41348.763.72$12,852
Nov 201633,33942.492.64$8,957
Oct 201653,50746.193.09$11,068
Sep 201633,42441.553.10$10,741
Aug 201623,42941.442.92$10,110
Jul 201613,59641.622.92$10,558
Jun 20161883,62645.352.69$18,265
May 201643,77442.521.99$7,684
Apr 201673,66836.561.99$7,559
Mar 201673,88833.011.79$7,206
Feb 201643,68426.472.06$7,708
Jan 201663,96627.352.36$9,541
Dec 20151974,11832.362.00$14,617
Nov 201573,89838.792.17$8,720
Oct 201583,85143.552.43$9,693
Sep 201533,54742.992.76$9,913
Aug 201513,67640.162.87$10,599
Jul 201513,69348.152.95$10,924
Jun 201523,18156.152.88$9,283
May 201543,96755.212.96$11,945
Apr 20151944,26249.822.71$21,200
Mar 201504,33642.892.93$12,725
Feb 201503,84844.662.98$11,452
Jan 201504,48043.433.10$13,891
Dec 201404,18354.693.59$15,023
Nov 20141914,60670.464.25$33,042
Oct 201405,44378.303.90$21,233
Sep 201405,14486.164.05$20,810
Aug 201405,93789.394.04$23,957
Jul 20141776,31296.564.18$43,473
Jun 201405,77198.164.74$27,337
May 201405,50794.734.73$26,029
Apr 201406,18295.944.81$29,730
Mar 20141944,47895.895.06$41,247
Feb 201404,26197.406.19$26,384
Jan 20141886,74190.404.86$49,761
Dec 2013447,60991.824.35$37,173
Nov 201307,46388.853.74$27,899
Oct 201327,67197.423.78$29,186
Sep 20131877,609104.113.72$47,757
Aug 201328,134104.253.52$28,861
Jul 20131858,699102.523.72$51,307
Jun 201328,60594.403.93$34,036
May 20131859,30194.834.15$56,134
Apr 201308,75493.964.28$37,490
Mar 20131918,56693.623.91$51,399
Feb 201306,75891.233.42$23,112
Jan 2013110,48791.603.42$35,956
Dec 20121958,82486.773.42$47,100
Nov 20121839,43386.953.62$50,106
Oct 201218811,42789.383.40$55,652
Sep 20121838,72194.672.92$42,776
Aug 2012211,11692.662.91$32,512
Jul 201218410,69185.133.02$47,959
Jun 2012110,27779.822.52$25,968
May 201219111,93391.612.49$47,191
Apr 20121988,517101.652.00$37,133
Mar 20121908,729105.052.22$39,356
Feb 2012010,801101.102.57$27,761
Jan 201219212,33898.092.73$52,566
Dec 2011013,08596.873.24$42,392
Nov 201119212,90595.723.31$61,110
Oct 201119413,74284.983.65$66,624
Sep 2011114,39283.623.99$57,447
Aug 201119115,24183.404.15$79,169
Jul 201119014,98194.144.52$85,559
Jun 201118615,65992.904.64$89,935
May 201118917,11998.134.40$93,953
Apr 201119017,692105.964.33$96,797
Mar 2011016,32296.364.06$66,224
Feb 201119617,11585.644.18$88,326
Jan 201137624,21986.504.59$143,660
Dec 201039421,64985.734.35$127,902
Nov 201037022,74980.843.80$116,251
Oct 201073225,73878.103.51$147,481
Sep 201034927,73472.633.98$135,714
Aug 201072132,06873.684.42$194,843
Jul 201092335,49272.554.74$235,071
Jun 201090646,94170.364.91$294,245
May 201052826,86271.124.24$151,318
Apr 201005,30881.694.12$21,883
Mar 201005,69178.394.39$24,976
Feb 201005,50973.585.44$29,982
Jan 201004,74874.365.96$28,318
Dec 200905,09271.445.48$27,923
Nov 200903,63474.593.75$13,633
Oct 200906,46672.544.11$26,577
Sep 200905,54665.543.06$16,997
Aug 200906,50667.423.22$20,940
Jul 200904,53061.133.46$15,694
Jun 200904,96366.163.90$19,331
May 200906,04654.743.93$23,735
Apr 200907,06146.773.59$25,331
Mar 200907,72642.144.06$31,360
Feb 200906,49932.814.63$30,110
Jan 200907,32835.865.37$39,359
Dec 200807,97837.105.98$47,686
Nov 200807,28455.496.86$49,971
Oct 20081828,69675.246.92$73,887
Sep 200808,588101.767.88$67,648
Aug 200809,862114.228.48$83,660
Jul 2008010,632131.0811.39$121,092
Jun 2008010,966131.3313.03$142,916
May 200817211,990123.1711.57$159,961
Apr 2008012,542110.3110.45$131,125
Mar 2008013,756101.909.66$132,939
Feb 2008013,93492.538.77$122,209
Jan 2008016,26290.388.21$133,442
Dec 200719517,93588.337.30$148,185
Nov 2007019,70091.677.29$143,646
Oct 2007020,33882.856.92$140,779
Sep 200718521,15275.846.24$146,107
Aug 2007025,58169.066.39$163,410
Jul 200718631,80370.906.39$216,343
Jun 2007037,07562.007.55$279,859
May 200719257,84158.747.85$465,115
Apr 2007019,89759.617.81$155,300

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             6 bbl  × $106.41 =       $638
Gas                1,263 Mcf  × $  3.05 =     $3,847

────────────────────────────────────────────────────
Month total                                   $4,485

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/228601 is the state's own key, not one this site invented.