STILES 68

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 229820District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
228
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 Gas222007-12-12 – 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
CondensateDisposition9,661 bbl$648,143
GasProduction814,879 Mcf$4,495,340
Total$5,143,484

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 35.4366, -100.0559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43661, -100.05589 · 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
16,720 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 16,720 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-48332309136816,720 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 (228)

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

228 months

May 20261280106.413.05$959
Apr 2026233998.932.87$1,171
Mar 2026121689.753.15$770
Feb 2026122663.503.75$911
Jan 2026228359.138.00$2,382
Dec 2025235456.664.41$1,676
Nov 2025336558.593.93$1,609
Oct 2025341759.383.30$1,556
Sep 2025239762.743.08$1,347
Aug 2025244863.933.01$1,478
Jul 20259537966.743.32$7,597
Jun 2025339566.483.13$1,435
May 2025342160.553.23$1,542
Apr 2025342462.363.54$1,689
Mar 2025238967.704.27$1,796
Feb 2025232570.884.34$1,553
Jan 2025233774.324.28$1,591
Dec 2024238568.993.12$1,340
Nov 2024344669.052.20$1,188
Oct 20248044171.372.28$6,716
Sep 2024240769.612.36$1,102
Aug 2024244575.632.06$1,070
Jul 2024242379.932.15$1,068
Jun 2024129878.082.63$863
May 2024238878.812.20$1,011
Apr 2024239384.451.66$821
Mar 2024239580.301.55$771
Feb 2024237176.091.78$814
Jan 2024126673.023.30$950
Dec 2023237571.262.61$1,122
Nov 2023334877.892.81$1,211
Oct 2023336885.443.09$1,392
Sep 2023234189.042.74$1,111
Aug 2023140680.522.67$1,166
Jul 2023235074.852.64$1,074
Jun 2023134368.962.26$844
May 2023242070.622.23$1,077
Apr 2023244478.122.24$1,150
Mar 2023132272.852.39$843
Feb 202315129875.112.47$12,076
Jan 2023239776.533.39$1,498
Dec 2022232076.415.73$1,986
Nov 2022243085.005.65$2,598
Oct 2022246087.185.86$2,872
Sep 2022242684.888.16$3,647
Aug 2022239194.529.13$3,758
Jul 20221426101.587.54$3,315
Jun 20221416115.097.98$3,434
May 20221414109.378.43$3,601
Apr 20221400104.226.84$2,839
Mar 20221378108.885.08$2,028
Feb 2022230191.054.86$1,645
Jan 2022136581.844.54$1,738
Dec 2021240271.323.90$1,710
Nov 2021340377.435.24$2,343
Oct 2021243479.795.71$2,639
Sep 2021245969.865.35$2,596
Aug 2021028166.024.22$1,186
Jul 202111770.783.98$138
Jun 2021242269.493.38$1,566
May 2021254263.483.02$1,763
Apr 2021351460.362.76$1,599
Mar 2021353261.302.72$1,629
Feb 2021235457.805.55$2,080
Jan 2021351250.412.81$1,590
Dec 2020350544.642.68$1,485
Nov 2020254638.772.71$1,555
Oct 2020260236.972.48$1,566
Sep 2020158237.091.99$1,196
Aug 2020140839.982.39$1,013
Jul 2020020438.371.83$372
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 201905553.112.30$127
Jul 201905156.272.46$125
Jun 2019168852.782.49$1,767
May 2019168558.482.74$1,936
Apr 2019167062.632.75$1,906
Mar 2019168256.803.06$2,145
Feb 2019162350.852.79$1,790
Jan 2019167946.033.23$2,238
Dec 2018166346.594.19$2,822
Nov 2018161352.934.24$2,650
Oct 2018172861.443.40$2,535
Sep 2018154759.543.11$1,760
Aug 2018169559.403.07$2,191
Jul 2018069465.142.93$2,035
Jun 2018167660.183.08$2,140
May 2018170965.382.90$2,122
Apr 2018168763.842.90$2,057
Mar 2018170661.222.79$2,029
Feb 2018163461.782.77$1,816
Jan 2018170862.874.01$2,901
Dec 2017171857.272.92$2,155
Nov 2017168955.423.12$2,204
Oct 2017171049.292.98$2,168
Sep 2017166447.523.09$2,097
Aug 2017170345.373.00$2,157
Jul 2017071443.873.09$2,204
Jun 2017169142.493.09$2,176
May 2017172345.373.26$2,405
Apr 2017170147.933.21$2,299
Mar 2017170046.772.98$2,135
Feb 2017165550.452.95$1,984
Jan 2017172949.413.42$2,542
Dec 2016174348.763.72$2,815
Nov 2016177742.492.64$2,097
Oct 2016181346.193.09$2,559
Sep 2016179841.553.10$2,516
Aug 2016085041.442.92$2,486
Jul 2016088441.622.92$2,585
Jun 2016084345.352.69$2,264
May 2016155942.521.99$1,156
Apr 2016152836.561.99$1,088
Mar 2016177133.011.79$1,416
Feb 2016179226.472.06$1,661
Jan 2016184927.352.36$2,035
Dec 201521,08632.362.00$2,238
Nov 2015184538.792.17$1,870
Oct 2015288043.552.43$2,222
Sep 2015183042.992.76$2,332
Aug 2015090540.162.87$2,600
Jul 2015081748.152.95$2,406
Jun 2015082256.152.88$2,370
May 2015183855.212.96$2,532
Apr 2015082449.822.71$2,230
Mar 2015092342.892.93$2,709
Feb 2015082444.662.98$2,452
Jan 2015077443.433.10$2,400
Dec 2014079854.693.59$2,866
Nov 2014085270.464.25$3,623
Oct 2014092978.303.90$3,624
Sep 2014074886.164.05$3,026
Aug 2014099089.394.04$3,995
Jul 2014094796.564.18$3,958
Jun 201401,19398.164.74$5,651
May 201401,41794.734.73$6,698
Apr 20141841,25195.944.81$23,669
Mar 2014092795.895.06$4,688
Feb 2014067897.406.19$4,198
Jan 2014088490.404.86$4,297
Dec 201301,98891.824.35$8,657
Nov 201301,93288.853.74$7,222
Oct 201321,47597.423.78$5,769
Sep 201301,490104.113.72$5,539
Aug 201301,774104.253.52$6,249
Jul 20131851,984102.523.72$26,342
Jun 201321,28594.403.93$5,243
May 2013082394.834.15$3,415
Apr 201301,47593.964.28$6,317
Mar 20131861,84293.623.91$24,621
Feb 201301,69191.233.42$5,783
Jan 201311,76791.603.42$6,135
Dec 201201,45486.773.42$4,973
Nov 201201,30386.953.62$4,723
Oct 20121831,54389.383.40$21,602
Sep 201201,15294.672.92$3,362
Aug 201201,46292.662.91$4,252
Jul 201211,54885.133.02$4,761
Jun 201201,31879.822.52$3,320
May 20121801,21291.612.49$19,506
Apr 201201,100101.652.00$2,196
Mar 20120875105.052.22$1,944
Feb 20120633101.102.57$1,627
Jan 2012051898.092.73$1,416
Dec 201119065696.873.24$20,531
Nov 2011091395.723.31$3,023
Oct 201101,47384.983.65$5,374
Sep 201101,44383.623.99$5,752
Aug 201101,97183.404.15$8,178
Jul 20111861,54594.144.52$24,489
Jun 20111752,71292.904.64$28,841
May 201102,00898.134.40$8,845
Apr 201102,264105.964.33$9,811
Mar 201102,31696.364.06$9,397
Feb 201101,63385.644.18$6,826
Jan 20111722,29186.504.59$25,391
Dec 201001,07385.734.35$4,665
Nov 201001,81280.843.80$6,877
Oct 20101785,44978.103.51$33,022
Sep 201009,20972.633.98$36,647
Aug 20101778,82373.684.42$52,033
Jul 201019,60072.554.74$45,543
Jun 20101758,54870.364.91$54,287
May 201009,13471.124.24$38,685
Apr 201018610,05881.694.12$56,660
Mar 201018111,48178.394.39$64,575
Feb 201017611,50273.585.44$75,548
Jan 2010013,66174.365.96$81,475
Dec 200918112,75171.445.48$82,854
Nov 200918712,45474.593.75$60,670
Oct 200936015,12772.544.11$88,290
Sep 200918015,11565.543.06$58,121
Aug 200917916,03267.423.22$63,667
Jul 2009015,28961.133.46$52,969
Jun 2009016,09766.163.90$62,698
May 2009017,17654.743.93$67,429
Apr 200934116,75646.773.59$76,061
Mar 200950819,89042.144.06$102,141
Feb 200952118,57732.814.63$103,161
Jan 200971324,22735.865.37$155,691
Dec 200890929,16537.105.98$208,047
Nov 200855134,20355.496.86$265,220
Oct 200854245,52975.246.92$355,931
Sep 200870343,844101.767.88$416,900
Aug 200802,961114.228.48$25,118
Jul 200804,707131.0811.39$53,610
Jun 200804,621131.3313.03$60,224
May 200805,350123.1711.57$61,922
Apr 200806,151110.3110.45$64,308
Mar 200808,513101.909.66$82,270
Feb 200808,14292.538.77$71,410
Jan 2008010,15590.388.21$83,329
Dec 2007011,73688.337.30$85,696
Nov 200718914,29491.677.29$121,553
Oct 2007014,97782.856.92$103,670
Sep 2007022,97575.846.24$143,460
Aug 200718835,70769.066.39$241,077
Jul 200719077,84970.906.39$510,766
Jun 20070062.007.55$0

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             1 bbl  × $106.41 =       $106
Gas                  280 Mcf  × $  3.05 =       $853

────────────────────────────────────────────────────
Month total                                     $959

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/229820 is the state's own key, not one this site invented.