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 232182District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.3 M
Sep 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
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 Gas112008-04-08180558
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
CondensateDisposition18,198 bbl$1,517,336
GasProduction3,215,300 Mcf$18,780,706
Total$20,298,041

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 35.4336, -100.0928. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43361, -100.09278 · 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
16,780 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 16,780 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-48332292100116,780 ftSep 2007

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 (225)

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

225 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 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
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 20190053.112.30$0
Jul 20191172656.272.46$6,648
Jun 2019147752.782.49$1,241
May 2019194858.482.74$2,656
Apr 2019196362.632.75$2,712
Mar 201911,15856.803.06$3,603
Feb 2019189450.852.79$2,547
Jan 2019195046.033.23$3,113
Dec 201821,47346.594.19$6,258
Nov 201852,31852.934.24$10,087
Oct 201887,36761.443.40$25,525
Sep 201866,55659.543.11$20,733
Aug 201866,51659.403.07$20,338
Jul 201821,93465.142.93$5,801
Jun 201854,17860.183.08$13,156
May 2018119,91465.382.90$29,478
Apr 2018109,76563.842.90$28,965
Mar 201831,87061.222.79$5,395
Feb 201843,79961.782.77$10,756
Jan 201843,45362.874.01$14,096
Dec 201733,91757.272.92$11,615
Nov 2017149255.423.12$1,590
Oct 201752,41349.292.98$7,446
Sep 201765,61247.523.09$17,611
Aug 20171110,50745.373.00$32,066
Jul 2017611,25743.873.09$35,017
Jun 20171969,59242.493.09$37,941
May 20171310,71945.373.26$35,570
Apr 20172012,46447.933.21$40,988
Mar 20171913,31246.772.98$40,607
Feb 2017179,89850.452.95$30,082
Jan 20171613,97049.413.42$48,551
Dec 20161314,61848.763.72$55,054
Nov 20161515,07742.492.64$40,506
Oct 20162116,02646.193.09$50,495
Sep 20161516,22541.553.10$50,931
Aug 201618711,67941.442.92$41,903
Jul 201602,39941.622.92$7,015
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150449.822.71$11
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014010889.394.04$436
Jul 2014013996.564.18$581
Jun 2014013498.164.74$635
May 2014022894.734.73$1,078
Apr 201408,32795.944.81$40,046
Mar 2014012,13595.895.06$61,364
Feb 201402,63497.406.19$16,310
Jan 20141866,61290.404.86$48,953
Dec 201301,32291.824.35$5,757
Nov 201308,38488.853.74$31,342
Oct 201309,01697.423.78$34,075
Sep 2013016,156104.113.72$60,064
Aug 2013015,153104.253.52$53,378
Jul 2013020,992102.523.72$78,043
Jun 201319713,84494.403.93$73,051
May 2013019,36094.834.15$80,326
Apr 2013019,06393.964.28$81,639
Mar 201319021,35193.623.91$101,331
Feb 2013016,63091.233.42$56,873
Jan 201318813,06791.603.42$61,909
Dec 2012015,08486.773.42$51,590
Nov 2012019,88286.953.62$72,071
Oct 201218725,42989.383.40$103,165
Sep 2012014,28094.672.92$41,675
Aug 201203,06092.662.91$8,899
Jul 201209,61985.133.02$29,057
Jun 201219022,84679.822.52$72,716
May 2012022,42491.612.49$55,798
Apr 201219716,035101.652.00$52,044
Mar 2012020,495105.052.22$45,542
Feb 2012013,686101.102.57$35,176
Jan 201202,63098.092.73$7,191
Dec 201101,32296.873.24$4,283
Nov 20111943,36895.723.31$29,722
Oct 2011012,39684.983.65$45,227
Sep 2011012,85083.623.99$51,218
Aug 201118316,36983.404.15$83,182
Jul 2011017,28294.144.52$78,067
Jun 201119219,62892.904.64$108,908
May 201118912,51898.134.40$73,686
Apr 2011029,470105.964.33$127,702
Mar 2011034,02496.364.06$138,047
Feb 201118811,81785.644.18$65,495
Jan 201137833,15386.504.59$184,829
Dec 2010022,97085.734.35$99,868
Nov 2010018,14280.843.80$68,855
Oct 2010019,22778.103.51$67,465
Sep 201019335,76972.633.98$156,359
Aug 201019038,88273.684.42$185,833
Jul 201019240,96972.554.74$207,979
Jun 201037943,31470.364.91$239,356
May 201018343,04071.124.24$195,299
Apr 201019449,50681.694.12$219,946
Mar 201018554,23878.394.39$252,535
Feb 201038736,57273.585.44$227,513
Jan 201018946,29474.365.96$290,156
Dec 200938247,94071.445.48$290,181
Nov 200938752,95074.593.75$227,508
Oct 200918761,02072.544.11$264,372
Sep 200936362,35465.543.06$214,890
Aug 200938359,37867.423.22$216,930
Jul 200935356,02061.133.46$215,660
Jun 200918856,65866.163.90$233,121
May 200953455,57954.743.93$247,420
Apr 200938355,13946.773.59$215,724
Mar 200937661,60042.144.06$265,879
Feb 2009012,73832.814.63$59,015
Jan 200919130,80535.865.37$172,303
Dec 200838371,98637.105.98$444,480
Nov 200838663,52555.496.86$457,224
Oct 200856555,21475.246.92$424,701
Sep 200836077,347101.767.88$645,903
Aug 200855479,135114.228.48$734,582
Jul 200868882,387131.0811.39$1,028,524
Jun 200854073,012131.3313.03$1,022,457
May 200835876,125123.1711.57$925,188
Apr 200855189,348110.3110.45$994,902
Mar 200873796,137101.909.66$1,004,175
Feb 200855390,45592.538.77$844,512
Jan 2008924104,71490.388.21$942,766
Dec 2007928105,94788.337.30$855,592
Nov 2007876110,38391.677.29$885,183
Oct 2007564126,61382.856.92$923,140
Sep 2007012,80675.846.24$79,963

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.

Jul 2019 — as filed, then multipliedworked
Condensate           117 bbl  × $ 56.27 =     $6,584
Gas                   26 Mcf  × $  2.46 =        $64

────────────────────────────────────────────────────
Month total                                   $6,648

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/232182 is the state's own key, not one this site invented.