STILES 4

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 228686District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
May 2007 – May 2026
Value, last 12 filed months
$26 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 Gas222007-09-27 – 2009-02-252 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
CondensateDisposition12,943 bbl$948,101
GasProduction992,001 Mcf$5,150,406
Total$6,098,508

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 35.4535, -100.0748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45353, -100.07485 · 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
16,694 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 16,694 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-4833221980416,694 ftSep 2008

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025778659.383.30$3,013
Sep 2025741,02762.743.08$7,803
Aug 202551,09463.933.01$3,618
Jul 202561,04566.743.32$3,865
Jun 20257192866.483.13$7,624
May 2025771,03860.553.23$8,018
Apr 202571,03462.363.54$4,100
Mar 2025593467.704.27$4,325
Feb 2025487570.884.34$4,082
Jan 2025688974.324.28$4,250
Dec 2024599168.993.12$3,438
Nov 202471,05669.052.20$2,805
Oct 20241191,04271.372.28$10,870
Sep 2024688769.612.36$2,515
Aug 202441,13375.632.06$2,641
Jul 2024590379.932.15$2,338
Jun 2024275478.082.63$2,142
May 2024488978.812.20$2,270
Apr 2024594984.451.66$1,997
Mar 20241781,07580.301.55$15,954
Feb 2024686176.091.78$1,992
Jan 202441,03173.023.30$3,692
Dec 2023796371.262.61$3,013
Nov 202381,02877.892.81$3,509
Oct 202371,09685.443.09$3,982
Sep 20231101,01689.042.74$12,573
Aug 202341,09280.522.67$3,241
Jul 202351,10074.852.64$3,280
Jun 202341,04468.962.26$2,634
May 202361,17270.622.23$3,034
Apr 202341,11978.122.24$2,817
Mar 20231891,07272.852.39$16,334
Feb 202351,05875.112.47$2,984
Jan 202361,13376.533.39$4,297
Dec 202261,23976.415.73$7,557
Nov 202241,13985.005.65$6,771
Oct 202251,50287.185.86$9,243
Sep 202251,22284.888.16$10,400
Aug 202251,22294.529.13$11,626
Jul 20221191,215101.587.54$21,252
Jun 202241,199115.097.98$10,025
May 202251,133109.378.43$10,101
Apr 202201,247104.226.84$8,526
Mar 202241,167108.885.08$6,360
Feb 202261,03391.054.86$5,565
Jan 20221871,28481.844.54$21,130
Dec 202161,20371.323.90$5,119
Nov 202161,18177.435.24$6,649
Oct 202161,22679.795.71$7,484
Sep 202141,28169.865.35$7,134
Aug 202151,18566.024.22$5,332
Jul 202151,33170.783.98$5,654
Jun 202151,18869.493.38$4,364
May 202141,31263.483.02$4,213
Apr 20211891,13360.362.76$14,533
Mar 202171,45061.302.72$4,369
Feb 202141,00957.805.55$5,829
Jan 202171,23250.412.81$3,815
Dec 202061,29544.642.68$3,733
Nov 202041,32238.772.71$3,733
Oct 202041,43436.972.48$3,702
Sep 20201651,49237.091.99$9,090
Aug 202031,55039.982.39$3,817
Jul 202031,67838.371.83$3,178
Jun 202031,57834.901.69$2,772
May 202031,47616.921.81$2,729
Apr 202041,48414.751.80$2,737
Mar 202031,69330.341.86$3,234
Feb 20201811,44849.881.98$11,896
Jan 202031,62357.252.09$3,572
Dec 201941,44759.012.30$3,570
Nov 201931,26355.302.75$3,640
Oct 201941,72053.472.42$4,374
Sep 201931,62155.052.66$4,473
Aug 201931,68253.112.30$4,035
Jul 20191801,67856.272.46$14,257
Jun 201921,76652.782.49$4,505
May 201911,75558.482.74$4,868
Apr 201911,58862.632.75$4,431
Mar 201921,66156.803.06$5,200
Feb 201921,59450.852.79$4,553
Jan 201921,61146.033.23$5,293
Dec 20181851,78946.594.19$16,107
Nov 201821,62952.934.24$7,008
Oct 201821,71061.443.40$5,934
Sep 201821,71659.543.11$5,452
Aug 201811,79059.403.07$5,549
Jul 201811,87365.142.93$5,557
Jun 201812,04160.183.08$6,340
May 201821,79765.382.90$5,344
Apr 20181831,97163.842.90$17,400
Mar 201832,06461.222.79$5,936
Feb 201821,48761.782.77$4,237
Jan 201821,64162.874.01$6,705
Dec 201722,02457.272.92$6,028
Nov 201721,89355.423.12$6,014
Oct 201731,86649.292.98$5,715
Sep 20171851,74147.523.09$14,166
Aug 201721,64945.373.00$5,045
Jul 201712,00843.873.09$6,243
Jun 201722,05942.493.09$6,442
May 201722,04045.373.26$6,748
Apr 201731,99347.933.21$6,545
Mar 201732,18646.772.98$6,663
Feb 201731,76650.452.95$5,366
Jan 20171851,96249.413.42$15,849
Dec 201621,89448.763.72$7,149
Nov 201622,06942.492.64$5,556
Oct 201632,24346.193.09$7,070
Sep 201622,07041.553.10$6,501
Aug 201602,36841.442.92$6,925
Jul 20163682,29141.622.92$22,016
Jun 201612,91845.352.69$7,883
May 201621,56042.521.99$3,191
Apr 201631,39736.561.99$2,891
Mar 201642,23733.011.79$4,145
Feb 201621,39426.472.06$2,930
Jan 201631,87627.352.36$4,518
Dec 201532,17232.362.00$4,444
Nov 20151912,09438.792.17$11,947
Oct 201542,23343.552.43$5,593
Sep 201522,40042.992.76$6,706
Aug 201512,52440.162.87$7,290
Jul 201512,39448.152.95$7,099
Jun 201512,61156.152.88$7,583
May 201532,63655.212.96$7,956
Apr 201512,81949.822.71$7,680
Mar 201502,51542.892.93$7,381
Feb 201502,45944.662.98$7,318
Jan 201502,22843.433.10$6,908
Dec 20143722,65054.693.59$29,862
Nov 201402,33870.464.25$9,941
Oct 201403,12078.303.90$12,171
Sep 201402,70086.164.05$10,923
Aug 20141852,84889.394.04$28,029
Jul 201403,07796.564.18$12,861
Jun 201402,76898.164.74$13,112
May 201402,68094.734.73$12,667
Apr 201402,53995.944.81$12,210
Mar 201402,88595.895.06$14,589
Feb 201402,41997.406.19$14,978
Jan 201402,90590.404.86$14,120
Dec 2013462,72891.824.35$16,103
Nov 2013932,88588.853.74$19,048
Oct 20131902,56097.423.78$28,185
Sep 201302,234104.113.72$8,305
Aug 201302,598104.253.52$9,152
Jul 201302,718102.523.72$10,105
Jun 201302,70594.403.93$10,640
May 201302,83894.834.15$11,775
Apr 201303,02893.964.28$12,968
Mar 201313,16793.623.91$12,486
Feb 20131853,39391.233.42$28,481
Jan 201334,10191.603.42$14,300
Dec 201203,49086.773.42$11,936
Nov 201213,40786.953.62$12,437
Oct 201203,78789.383.40$12,875
Sep 20121874,17194.672.92$29,876
Aug 201214,12892.662.91$12,098
Jul 201234,44285.133.02$13,674
Jun 20121944,53779.822.52$26,914
May 201214,08191.612.49$10,246
Apr 201204,937101.652.00$9,858
Mar 201204,153105.052.22$9,228
Feb 20121964,443101.102.57$31,235
Jan 201204,63598.092.73$12,672
Dec 201104,12996.873.24$13,377
Nov 201115,48695.723.31$18,261
Oct 20111954,83884.983.65$34,223
Sep 201114,97383.623.99$19,905
Aug 20111846,01383.404.15$40,295
Jul 201104,45994.144.52$20,142
Jun 20111765,60992.904.64$42,375
May 201103,81198.134.40$16,787
Apr 20111946,000105.964.33$46,556
Mar 201105,14096.364.06$20,855
Feb 201105,77685.644.18$24,144
Jan 201105,96786.504.59$27,381
Dec 201006,07785.734.35$26,421
Nov 20101805,58980.843.80$35,763
Oct 201006,34678.103.51$22,267
Sep 201017,24572.633.98$28,904
Aug 20101837,81073.684.42$47,999
Jul 20101827,90572.554.74$50,646
Jun 201017,95370.364.91$39,123
May 201009,12171.124.24$38,629
Apr 20101829,32281.694.12$53,299
Mar 20101829,83378.394.39$57,421
Feb 201008,66373.585.44$47,147
Jan 20101839,77774.365.96$71,919
Dec 2009011,01871.445.48$60,420
Nov 200917410,64674.593.75$52,917
Oct 2009012,19672.544.11$50,129
Sep 200918310,53265.543.06$44,272
Aug 200918111,19667.423.22$48,237
Jul 200934811,28561.133.46$60,370
Jun 200917511,63266.163.90$56,885
May 200918312,48554.743.93$59,030
Apr 2009012,90046.773.59$46,279
Mar 200918913,97142.144.06$64,673
Feb 200952112,19032.814.63$73,570
Jan 200935214,60535.865.37$91,066
Dec 200835416,49137.105.98$111,702
Nov 200854818,43055.496.86$156,845
Oct 200836122,62275.246.92$183,751
Sep 200871830,703101.767.88$314,914
Aug 20081,25031,526114.228.48$410,211
Jul 200803,971131.0811.39$45,227
Jun 20081835,874131.3313.03$100,587
May 200806,294123.1711.57$72,849
Apr 200807,269110.3110.45$75,996
Mar 200807,987101.909.66$77,187
Feb 200808,06592.538.77$70,735
Jan 200819310,21590.388.21$101,265
Dec 2007011,28488.337.30$82,395
Nov 2007012,38391.677.29$90,293
Oct 2007015,14882.856.92$104,854
Sep 2007020,12575.846.24$125,664
Aug 2007025,61669.066.39$163,633
Jul 2007034,76270.906.39$222,058
Jun 2007054,49562.007.55$411,353
May 2007029,14558.747.85$228,680

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.

Oct 2025 — as filed, then multipliedworked
Condensate             7 bbl  × $ 59.38 =       $416
Gas                  786 Mcf  × $  3.30 =     $2,598

────────────────────────────────────────────────────
Month total                                   $3,013

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/228686 is the state's own key, not one this site invented.