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 230021District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$44 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 Gas112007-11-19178917
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
CondensateDisposition13,179 bbl$975,313
GasProduction1,235,678 Mcf$6,351,032
Total$7,326,345

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 35.4433, -100.0855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44326, -100.08546 · 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
16,750 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 16,750 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-4833229190116,750 ftOct 2009

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 20262542106.413.05$1,864
Apr 2026453598.932.87$1,931
Mar 2026472689.753.15$2,645
Feb 2026365163.503.75$2,632
Jan 2026462059.138.00$5,195
Dec 2025473356.664.41$3,462
Nov 2025467258.593.93$2,873
Oct 2025565759.383.30$2,468
Sep 20258376862.743.08$7,570
Aug 2025481763.933.01$2,719
Jul 2025474166.743.32$2,724
Jun 20258668066.483.13$7,845
May 2025565760.553.23$2,426
Apr 2025568162.363.54$2,725
Mar 2025372767.704.27$3,306
Feb 2025359970.884.34$2,813
Jan 2025471174.324.28$3,339
Dec 2024477868.993.12$2,704
Nov 2024580969.052.20$2,124
Oct 2024572171.372.28$2,002
Sep 202415376069.612.36$12,447
Aug 2024370575.632.06$1,682
Jul 2024468679.932.15$1,792
Jun 2024255078.082.63$1,605
May 2024363178.812.20$1,624
Apr 2024470984.451.66$1,514
Mar 2024471880.301.55$1,431
Feb 2024468176.091.78$1,519
Jan 2024363073.023.30$2,297
Dec 2023573071.262.61$2,262
Nov 2023675877.892.81$2,595
Oct 2023681985.443.09$3,041
Sep 202318576489.042.74$18,562
Aug 2023385180.522.67$2,516
Jul 2023594774.852.64$2,876
Jun 2023489868.962.26$2,304
May 2023474370.622.23$1,937
Apr 2023384578.122.24$2,125
Mar 2023483172.852.39$2,280
Feb 2023468975.112.47$1,999
Jan 2023487976.533.39$3,284
Dec 2022359376.415.73$3,627
Nov 2022363585.005.65$3,840
Oct 202214273687.185.86$16,695
Sep 2022376784.888.16$6,516
Aug 2022377494.529.13$7,348
Jul 20222705101.587.54$5,520
Jun 20222866115.097.98$7,138
May 20224877109.378.43$7,833
Apr 20222770104.226.84$5,473
Mar 20223740108.885.08$4,083
Feb 2022592691.054.86$4,955
Jan 202231,05881.844.54$5,046
Dec 202151,06671.323.90$4,513
Nov 202161,05877.435.24$6,005
Oct 20211861,08879.795.71$21,058
Sep 202141,06069.865.35$5,951
Aug 202141,13166.024.22$5,038
Jul 202141,10270.783.98$4,671
Jun 202141,04069.493.38$3,794
May 202141,05363.483.02$3,432
Apr 202161,06260.362.76$3,292
Mar 202161,09161.302.72$3,332
Feb 2021495957.805.55$5,552
Jan 202161,08450.412.81$3,349
Dec 20201961,29044.642.68$12,201
Nov 202041,27738.772.71$3,611
Oct 202041,37936.972.48$3,566
Sep 202041,35037.091.99$2,836
Aug 202031,40339.982.39$3,466
Jul 202021,37538.371.83$2,586
Jun 20201871,30934.901.69$8,739
May 202031,41916.921.81$2,626
Apr 202031,36514.751.80$2,507
Mar 202031,35530.341.86$2,606
Feb 202021,29849.881.98$2,671
Jan 202031,36657.252.09$3,033
Dec 201941,42259.012.30$3,513
Nov 201931,29455.302.75$3,725
Oct 201941,49553.472.42$3,830
Sep 201931,36955.052.66$3,803
Aug 201921,45953.112.30$3,468
Jul 20191381,39956.272.46$11,207
Jun 201921,45052.782.49$3,718
May 201911,51058.482.74$4,196
Apr 201911,39362.632.75$3,894
Mar 201921,52756.803.06$4,789
Feb 20191871,56950.852.79$13,890
Jan 201943,41246.033.23$11,199
Dec 201854,06446.594.19$17,243
Nov 201854,21352.934.24$18,116
Oct 201821,68561.443.40$5,849
Sep 201832,96259.543.11$9,385
Aug 20181832,91159.403.07$19,797
Jul 201811,66465.142.93$4,944
Jun 201833,50660.183.08$10,968
May 201833,38165.382.90$10,004
Apr 201831,50463.842.90$4,554
Mar 20181904,56461.222.79$24,351
Feb 201821,65361.782.77$4,696
Jan 201832,34162.874.01$9,574
Dec 201732,73757.272.92$8,168
Nov 201721,45055.423.12$4,632
Oct 201764,40849.292.98$13,448
Sep 201722,10347.523.09$6,588
Aug 20171921,75745.373.00$13,990
Jul 201723,35143.873.09$10,433
Jun 201732,24742.493.09$7,065
May 20171903,92345.373.26$21,423
Apr 201731,76847.933.21$5,822
Mar 201731,72746.772.98$5,293
Feb 201721,40350.452.95$4,243
Jan 201721,60749.413.42$5,593
Dec 201621,66548.763.72$6,296
Nov 201621,77142.492.64$4,768
Oct 201621,91346.193.09$6,004
Sep 201611,33641.553.10$4,184
Aug 20161891,56941.442.92$12,420
Jul 201601,60441.622.92$4,691
Jun 201611,29945.352.69$3,534
May 201621,52142.521.99$3,113
Apr 201642,02236.561.99$4,172
Mar 20161902,09633.011.79$10,032
Feb 201622,34626.472.06$4,894
Jan 201642,42827.352.36$5,850
Dec 201563,46732.362.00$7,133
Nov 201574,00638.792.17$8,954
Oct 201584,02943.552.43$10,125
Sep 20151904,45542.992.76$20,457
Aug 201525,17240.162.87$14,937
Jul 201515,18248.152.95$15,310
Jun 20151835,06856.152.88$24,886
May 201543,85455.212.96$11,611
Apr 201524,25349.822.71$11,611
Mar 201503,19142.892.93$9,365
Feb 201504,14744.662.98$12,342
Jan 201505,66443.433.10$17,562
Dec 201403,78354.693.59$13,586
Nov 201405,44970.464.25$23,168
Oct 201406,14678.303.90$23,975
Sep 201406,07086.164.05$24,556
Aug 201406,78289.394.04$27,366
Jul 201406,16196.564.18$25,751
Jun 201406,05298.164.74$28,668
May 20141786,68494.734.73$48,454
Apr 201406,49795.944.81$31,245
Mar 201406,11295.895.06$30,907
Feb 201406,01897.406.19$37,263
Jan 201404,67890.404.86$22,738
Dec 20131802,78491.824.35$28,650
Nov 20131304,90888.853.74$29,898
Oct 201361,45997.423.78$6,099
Sep 201300104.113.72$0
Aug 201303104.253.52$11
Jul 20131834,351102.523.72$34,937
Jun 201314,72594.403.93$18,680
May 201315,60494.834.15$23,346
Apr 201325,75793.964.28$24,843
Mar 201316,15493.623.91$24,173
Feb 201315,41991.233.42$18,624
Jan 201336,77391.603.42$23,438
Dec 201216,80586.773.42$23,361
Nov 201225,85586.953.62$21,398
Oct 20121896,65289.383.40$39,507
Sep 201215,76594.672.92$16,919
Aug 201226,71792.662.91$19,719
Jul 201236,55785.133.02$20,063
Jun 20121876,87279.822.52$32,237
May 201216,90291.612.49$17,266
Apr 201206,929101.652.00$13,836
Mar 20121867,812105.052.22$36,898
Feb 201206,335101.102.57$16,282
Jan 201216,97998.092.73$19,179
Dec 20111917,25896.873.24$42,016
Nov 201117,04895.723.31$23,434
Oct 201117,40984.983.65$27,117
Sep 20111887,61583.623.99$46,072
Aug 201118,26483.404.15$34,373
Jul 201107,43194.144.52$33,568
Jun 201108,15692.904.64$37,843
May 20111918,94498.134.40$58,140
Apr 201108,396105.964.33$36,382
Mar 201109,41496.364.06$38,196
Feb 201108,40385.644.18$35,124
Jan 20111889,74586.504.59$60,980
Dec 2010010,63685.734.35$46,243
Nov 201018311,27580.843.80$57,586
Oct 2010111,95078.103.51$42,009
Sep 201018111,00872.633.98$56,952
Aug 2010011,67873.684.42$51,609
Jul 201017711,78472.554.74$68,656
Jun 201019412,36770.364.91$74,377
May 2010013,51471.124.24$57,235
Apr 201017714,05481.694.12$72,399
Mar 201018215,69278.394.39$83,134
Feb 2010015,00173.585.44$81,641
Jan 201035918,61074.365.96$137,687
Dec 200936822,73571.445.48$150,963
Nov 200934622,17274.593.75$108,986
Oct 200935226,57972.544.11$134,780
Sep 20090065.543.06$0
Aug 200908,87767.423.22$28,571
Jul 200904,73761.133.46$16,411
Jun 20091825,66366.163.90$34,099
May 200904,83154.743.93$18,965
Apr 200904,47646.773.59$16,058
Mar 200905,88742.144.06$23,895
Feb 20091587,18032.814.63$38,449
Jan 200906,13535.865.37$32,951
Dec 20081866,32237.105.98$44,688
Nov 200806,08055.496.86$41,711
Oct 200807,03475.246.92$48,689
Sep 2008849,159101.767.88$80,694
Aug 20081758,214114.228.48$89,668
Jul 200809,859131.0811.39$112,288
Jun 200818011,009131.3313.03$167,116
May 2008012,931123.1711.57$149,667
Apr 200817315,955110.3110.45$185,891
Mar 200817114,842101.909.66$160,859
Feb 2008016,12792.538.77$141,443
Jan 200818320,42690.388.21$184,150
Dec 200717924,06388.337.30$191,518
Nov 200738128,21591.677.29$240,662
Oct 200732334,61382.856.92$266,351
Sep 200736742,45375.846.24$292,917
Aug 200754459,74669.066.39$419,223
Jul 20071,71587,95370.906.39$683,432
Jun 200719022,84262.007.55$184,202

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             2 bbl  × $106.41 =       $213
Gas                  542 Mcf  × $  3.05 =     $1,651

────────────────────────────────────────────────────
Month total                                   $1,864

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/230021 is the state's own key, not one this site invented.