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 231293District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$29 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 Gas112008-01-03179763
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
CondensateDisposition14,475 bbl$1,117,701
GasProduction1,800,738 Mcf$9,215,980
Total$10,333,681

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 35.4682, -100.0742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46817, -100.07419 · 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
16,472 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 16,472 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-48332290701716,472 ftNov 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 (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 20262388106.413.05$1,395
Apr 2026239698.932.87$1,334
Mar 2026234089.753.15$1,250
Feb 2026129763.503.75$1,177
Jan 2026233559.138.00$2,798
Dec 2025344756.664.41$2,143
Nov 2025350558.593.93$2,159
Oct 2025561159.383.30$2,316
Sep 2025463262.743.08$2,196
Aug 2025258563.933.01$1,891
Jul 20259450266.743.32$7,938
Jun 2025576366.483.13$2,720
May 2025671860.553.23$2,684
Apr 2025790662.363.54$3,647
Mar 202551,02867.704.27$4,726
Feb 2025483170.884.34$3,891
Jan 2025473574.324.28$3,442
Dec 2024364968.993.12$2,233
Nov 2024348569.052.20$1,273
Oct 2024461371.372.28$1,684
Sep 2024470869.612.36$1,952
Aug 2024372975.632.06$1,731
Jul 2024470279.932.15$1,827
Jun 2024253278.082.63$1,557
May 2024367878.812.20$1,727
Apr 2024472884.451.66$1,546
Mar 2024587180.301.55$1,747
Feb 2024578076.091.78$1,772
Jan 2024479573.023.30$2,914
Dec 2023582371.262.61$2,505
Nov 2023786277.892.81$2,965
Oct 20235898285.443.09$7,987
Sep 202351,03989.042.74$3,287
Aug 202341,30180.522.67$3,800
Jul 202361,28674.852.64$3,846
Jun 202361,24468.962.26$3,223
May 202371,35570.622.23$3,512
Apr 202351,25978.122.24$3,208
Mar 2023761,20572.852.39$8,420
Feb 2023291,15075.112.47$5,014
Jan 202371,24776.533.39$4,760
Dec 202281,35476.415.73$8,368
Nov 202261,50085.005.65$8,979
Oct 202251,42187.185.86$8,768
Sep 202271,52284.888.16$13,019
Aug 202261,63494.529.13$15,481
Jul 202231,617101.587.54$12,500
Jun 202251,687115.097.98$14,033
May 202261,703109.378.43$15,018
Apr 20221811,710104.226.84$30,556
Mar 202261,877108.885.08$10,182
Feb 202291,69491.054.86$9,050
Jan 202261,85681.844.54$8,913
Dec 202181,71671.323.90$7,261
Nov 202191,59077.435.24$9,023
Oct 202171,67579.795.71$10,129
Sep 202161,59469.865.35$8,949
Aug 202161,69866.024.22$7,563
Jul 202161,70570.783.98$7,214
Jun 20211881,64169.493.38$18,612
May 202171,92463.483.02$6,250
Apr 202191,69760.362.76$5,224
Mar 2021132,28961.302.72$7,016
Feb 202151,43557.805.55$8,250
Jan 2021101,67150.412.81$5,200
Dec 202091,69244.642.68$4,929
Nov 202061,92438.772.71$5,440
Oct 202062,10836.972.48$5,446
Sep 202072,53137.091.99$5,299
Aug 202052,32739.982.39$5,750
Jul 202042,38238.371.83$4,501
Jun 20201812,49134.901.69$10,527
May 202062,65616.921.81$4,922
Apr 202062,33814.751.80$4,307
Mar 202063,56230.341.86$6,794
Feb 202074,79949.881.98$9,854
Jan 202074,30557.252.09$9,419
Dec 201994,28559.012.30$10,405
Nov 201994,86955.302.75$13,891
Oct 20191934,08453.472.42$20,197
Sep 201974,66955.052.66$12,792
Aug 201964,72153.112.30$11,198
Jul 201954,52756.272.46$11,418
Jun 201954,51952.782.49$11,522
May 201934,80258.482.74$13,334
Apr 201934,91462.632.75$13,705
Mar 201944,59356.803.06$14,291
Feb 201954,81850.852.79$13,707
Jan 201944,67546.033.23$15,276
Dec 201844,59146.594.19$19,402
Nov 20181914,89052.934.24$30,830
Oct 201845,04861.443.40$17,399
Sep 201844,48759.543.11$14,184
Aug 201834,97359.403.07$15,428
Jul 201824,23065.142.93$12,532
Jun 201834,70560.183.08$14,657
May 201844,66865.382.90$13,802
Apr 201855,02363.842.90$14,890
Mar 20181925,00761.222.79$25,708
Feb 201855,26061.782.77$14,859
Jan 201844,27862.874.01$17,403
Dec 201734,03157.272.92$11,948
Nov 201733,92555.423.12$12,406
Oct 201754,17149.292.98$12,691
Sep 201734,10447.523.09$12,813
Aug 20171864,28145.373.00$21,301
Jul 201724,31343.873.09$13,403
Jun 201744,37042.493.09$13,661
May 201755,39945.373.26$17,846
Apr 201754,13047.933.21$13,504
Mar 20171994,70846.772.98$23,354
Feb 201754,22750.452.95$12,733
Jan 201744,55549.413.42$15,770
Dec 201634,18648.763.72$15,730
Nov 201634,35942.492.64$11,654
Oct 20161915,11046.193.09$24,614
Sep 201634,38841.553.10$13,730
Aug 201635,89741.442.92$17,369
Jul 201626,57441.622.92$19,308
Jun 201625,56145.352.69$15,027
May 20161875,44542.521.99$18,792
Apr 201675,18536.561.99$10,579
Mar 20161955,28633.011.79$15,920
Feb 201644,14126.472.06$8,651
Jan 20163736,73027.352.36$26,114
Dec 201575,37732.362.00$10,988
Nov 201585,61538.792.17$12,480
Oct 20151975,79243.552.43$22,634
Sep 201535,44742.992.76$15,154
Aug 201525,96240.162.87$17,206
Jul 201515,60148.152.95$16,544
Jun 201525,59356.152.88$16,236
May 20151896,11355.212.96$28,501
Apr 201525,80149.822.71$15,800
Mar 201505,88742.892.93$17,277
Feb 201506,88644.662.98$20,494
Jan 20151827,27743.433.10$30,468
Dec 201408,34354.693.59$29,963
Nov 201407,04170.464.25$29,937
Oct 20141857,03478.303.90$41,925
Sep 201407,65786.164.05$30,976
Aug 20141898,30989.394.04$50,423
Jul 20141858,76696.564.18$54,502
Jun 201407,13698.164.74$33,802
May 20141817,80094.734.73$54,013
Apr 201403,55195.944.81$17,077
Mar 201403,10595.895.06$15,701
Feb 201406,20197.406.19$38,397
Jan 20141866,40190.404.86$47,928
Dec 201313,37391.824.35$14,779
Nov 20132274,06888.853.74$35,376
Oct 201323,63997.423.78$13,948
Sep 201302,536104.113.72$9,428
Aug 20131885,266104.253.52$38,149
Jul 201335,892102.523.72$22,212
Jun 20131804,94494.403.93$36,439
May 201301,74594.834.15$7,240
Apr 20131757,46693.964.28$48,417
Mar 201316,78493.623.91$26,639
Feb 20131847,04691.233.42$40,883
Jan 201318,73591.603.42$29,965
Dec 201207,45186.773.42$25,484
Nov 20121855,69286.953.62$36,719
Oct 201205,36689.383.40$18,243
Sep 20121919,27794.672.92$45,156
Aug 201217110,24592.662.91$45,639
Jul 2012210,22585.133.02$31,058
Jun 20121759,78579.822.52$38,617
May 2012111,88891.612.49$29,673
Apr 201219511,322101.652.00$42,430
Mar 2012010,996105.052.22$24,434
Feb 201219510,815101.102.57$47,512
Jan 201219312,70698.092.73$53,671
Dec 2011013,22996.873.24$42,859
Nov 201119813,25895.723.31$62,854
Oct 2011414,67584.983.65$53,882
Sep 201119115,43883.623.99$77,504
Aug 201137216,27083.404.15$98,534
Jul 201137219,32994.144.52$122,334
Jun 201119117,51192.904.64$98,993
May 201136320,55598.134.40$126,162
Apr 201118920,932105.964.33$110,731
Mar 201138523,72896.364.06$133,371
Feb 201139423,35285.644.18$131,353
Jan 201175229,65286.504.59$201,115
Dec 20101,03833,65885.734.35$235,324
Nov 201057930,16580.843.80$161,292
Oct 20106778.103.51$493
Sep 20100072.633.98$0
Aug 201002,03973.684.42$9,011
Jul 2010154,73772.554.74$23,525
Jun 201007,60970.364.91$37,363
May 2010010,45871.124.24$44,292
Apr 2010011,75681.694.12$48,466
Mar 201009,12078.394.39$40,025
Feb 201009,90973.585.44$53,928
Jan 2010013,45874.365.96$80,265
Dec 200909,39771.445.48$51,531
Nov 20091818,95674.593.75$47,099
Oct 200909,75272.544.11$40,083
Sep 2009010,87965.543.06$33,341
Aug 2009011,96867.423.22$38,519
Jul 200909,21561.133.46$31,925
Jun 2009012,05066.163.90$46,935
May 20091769,79254.743.93$48,075
Apr 2009012,06946.773.59$43,298
Mar 20090042.144.06$0
Feb 200918113,29432.814.63$67,530
Jan 2009012,93935.865.37$69,495
Dec 2008014,94337.105.98$89,316
Nov 2008013,37655.496.86$91,764
Oct 2008015,63575.246.92$108,225
Sep 200818315,196101.767.88$138,322
Aug 2008017,209114.228.48$145,984
Jul 2008020,528131.0811.39$233,802
Jun 2008022,141131.3313.03$288,555
May 2008020,233123.1711.57$234,183
Apr 2008021,891110.3110.45$228,867
Mar 2008025,244101.909.66$243,960
Feb 2008024,86992.538.77$218,116
Jan 2008028,65390.388.21$235,119
Dec 2007032,75688.337.30$239,183
Nov 200719238,03191.677.29$294,911
Oct 200718945,27082.856.92$329,017
Sep 200717856,70875.846.24$367,593
Aug 200736881,88569.066.39$548,491
Jul 2007559106,64170.906.39$720,849
Jun 200717755,33762.007.55$428,683

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                  388 Mcf  × $  3.05 =     $1,182

────────────────────────────────────────────────────
Month total                                   $1,395

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/231293 is the state's own key, not one this site invented.