STILES 18

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 232604District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Oct 2007 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
224
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 Gas222008-04-25 – 2009-09-292 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
CondensateDisposition17,054 bbl$1,294,092
GasProduction1,311,957 Mcf$6,160,005
Total$7,454,097

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 35.4644, -100.0519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46444, -100.05194 · 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
16,526 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 16,526 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-48332308901816,526 ftAug 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 (224)

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

224 months

May 20264927106.413.05$3,249
Apr 202671,09498.932.87$3,832
Mar 202661,17089.753.15$4,223
Feb 202651,08963.503.75$4,402
Jan 202671,11659.138.00$9,340
Dec 2025801,16556.664.41$9,674
Nov 202571,12958.593.93$4,843
Oct 202591,09059.383.30$4,137
Sep 202561,07662.743.08$3,687
Aug 202561,22863.933.01$4,086
Jul 202561,12166.743.32$4,117
Jun 202581,12066.483.13$4,036
May 202512398160.553.23$10,619
Apr 2025799762.363.54$3,969
Mar 202551,14567.704.27$5,226
Feb 2025593370.884.34$4,404
Jan 202561,12274.324.28$5,247
Dec 202451,09368.993.12$3,757
Nov 202471,00169.052.20$2,684
Oct 2024690771.372.28$2,497
Sep 2024469369.612.36$1,917
Aug 2024487675.632.06$2,110
Jul 2024589979.932.15$2,329
Jun 2024264478.082.63$1,852
May 2024478878.812.20$2,048
Apr 2024586084.451.66$1,849
Mar 202413398580.301.55$12,202
Feb 202471,08676.091.78$2,470
Jan 202461,02873.023.30$3,828
Dec 202381,25871.262.61$3,854
Nov 2023101,25077.892.81$4,288
Oct 202391,31385.443.09$4,823
Sep 202361,38089.042.74$4,309
Aug 202351,46480.522.67$4,316
Jul 202381,47574.852.64$4,495
Jun 202361,55868.962.26$3,932
May 202391,57570.622.23$4,144
Apr 20231091,39578.122.24$11,637
Mar 202371,46572.852.39$4,016
Feb 202361,28175.112.47$3,609
Jan 202381,51176.533.39$5,731
Dec 20221341,12976.415.73$16,707
Nov 2022499385.005.65$5,947
Oct 202251,10187.185.86$6,892
Sep 202281,75284.888.16$14,982
Aug 202271,90594.529.13$18,049
Jul 202241,739101.587.54$13,522
Jun 202241,523115.097.98$12,610
May 202261,470109.378.43$13,053
Apr 202241,629104.226.84$11,555
Mar 2022602,354108.885.08$18,483
Feb 202271,16991.054.86$6,317
Jan 202251,57281.844.54$7,542
Dec 202181,62871.323.90$6,918
Nov 202171,46577.435.24$8,214
Oct 202161,28279.795.71$7,804
Sep 202161,54069.865.35$8,660
Aug 202161,43166.024.22$6,436
Jul 202161,69370.783.98$7,166
Jun 20211871,57469.493.38$18,316
May 202161,51863.483.02$4,962
Apr 202191,60960.362.76$4,982
Mar 202181,75361.302.72$5,253
Feb 2021581957.805.55$4,833
Jan 2021101,68550.412.81$5,239
Dec 202091,82644.642.68$5,287
Nov 202051,61738.772.71$4,570
Oct 202061,99036.972.48$5,154
Sep 202052,00737.091.99$4,181
Aug 202031,76839.982.39$4,337
Jul 202031,80038.371.83$3,400
Jun 202041,72434.901.69$3,054
May 202041,66816.921.81$3,095
Apr 20201841,45714.751.80$5,343
Mar 202031,53930.341.86$2,948
Feb 202021,26249.881.98$2,599
Jan 202031,29357.252.09$2,880
Dec 201941,54159.012.30$3,787
Nov 201931,33855.302.75$3,846
Oct 201941,58853.472.42$4,055
Sep 201931,53855.052.66$4,252
Aug 201921,66853.112.30$3,950
Jul 201921,70956.272.46$4,317
Jun 201921,73452.782.49$4,425
May 201911,56958.482.74$4,358
Apr 201911,66162.632.75$4,632
Mar 201921,68256.803.06$5,264
Feb 20191841,80650.852.79$14,399
Jan 201921,60746.033.23$5,280
Dec 201821,88946.594.19$7,999
Nov 201821,32452.934.24$5,716
Oct 201822,79461.443.40$9,617
Sep 201822,45459.543.11$7,746
Aug 201822,47459.403.07$7,705
Jul 201812,51365.142.93$7,433
Jun 20181832,33960.183.08$18,210
May 201822,31065.382.90$6,832
Apr 201832,44263.842.90$7,275
Mar 201832,61061.222.79$7,457
Feb 201822,29861.782.77$6,480
Jan 201833,12562.874.01$12,718
Dec 201732,98557.272.92$8,893
Nov 201722,24955.423.12$7,124
Oct 20171852,71349.292.98$17,213
Sep 201722,49547.523.09$7,798
Aug 201732,93645.373.00$8,957
Jul 201722,73143.873.09$8,519
Jun 20171882,12742.493.09$14,555
May 201732,39545.373.26$7,952
Apr 201742,35747.933.21$7,761
Mar 201742,81846.772.98$8,595
Feb 201742,42350.452.95$7,356
Jan 201732,83549.413.42$9,841
Dec 201623,07348.763.72$11,538
Nov 201632,94842.492.64$7,923
Oct 201643,44546.193.09$10,831
Sep 20161873,12741.553.10$17,466
Aug 201623,40141.442.92$10,029
Jul 201613,52541.622.92$10,350
Jun 201623,38045.352.69$9,169
May 201643,46842.521.99$7,075
Apr 201663,73036.561.99$7,646
Mar 201663,74033.011.79$6,908
Feb 201633,51226.472.06$7,327
Jan 201653,19327.352.36$7,686
Dec 201563,96832.362.00$8,136
Nov 20151943,70438.792.17$15,553
Oct 201584,02243.552.43$10,108
Sep 201534,06542.992.76$11,342
Aug 201524,34240.162.87$12,553
Jul 201514,06948.152.95$12,032
Jun 201524,18056.152.88$12,163
May 201544,28255.212.96$12,876
Apr 201524,40849.822.71$12,030
Mar 20151884,31342.892.93$20,721
Feb 201503,83444.662.98$11,411
Jan 201504,31843.433.10$13,389
Dec 201404,34754.693.59$15,612
Nov 201404,35670.464.25$18,521
Oct 20141924,54778.303.90$32,771
Sep 201404,86486.164.05$19,677
Aug 201404,86489.394.04$19,627
Jul 20141794,84796.564.18$37,543
Jun 201404,84698.164.74$22,955
May 201404,88694.734.73$23,094
Apr 201405,07895.944.81$24,421
Mar 20141965,96395.895.06$48,948
Feb 201405,40997.406.19$33,493
Jan 201406,37090.404.86$30,963
Dec 20131915,71091.824.35$42,402
Nov 201307,00388.853.74$26,179
Oct 201327,02797.423.78$26,752
Sep 20131917,622104.113.72$48,222
Aug 201317,207104.253.52$25,492
Jul 20131936,936102.523.72$45,573
Jun 20131827,68794.403.93$47,417
May 201318,30094.834.15$34,532
Apr 201308,58793.964.28$36,775
Mar 20131918,94693.623.91$52,886
Feb 20131917,87491.233.42$44,353
Jan 201319,09491.603.42$31,192
Dec 20121909,12186.773.42$47,682
Nov 20121949,10786.953.62$49,881
Oct 20121829,42989.383.40$48,323
Sep 20121887,70194.672.92$40,273
Aug 201218510,40992.662.91$47,413
Jul 2012110,39885.133.02$31,495
Jun 201218710,38879.822.52$41,094
May 201219111,67391.612.49$46,544
Apr 201219013,095101.652.00$45,462
Mar 201239211,706105.052.22$67,191
Feb 201200101.102.57$0
Jan 2012037398.092.73$1,020
Dec 20110096.873.24$0
Nov 201103,56995.723.31$11,818
Oct 201105,65784.983.65$20,640
Sep 20111894,76083.623.99$34,777
Aug 20111967,69583.404.15$48,275
Jul 20111888,87994.144.52$57,807
Jun 2011012,70992.904.64$58,968
May 20111912,93298.134.40$31,658
Apr 20111896,256105.964.33$47,135
Mar 201106,49496.364.06$26,348
Feb 201119611,31085.644.18$64,061
Jan 20113855,14986.504.59$56,930
Dec 2010010,56385.734.35$45,925
Nov 20101798,66480.843.80$47,353
Oct 201055513,68578.103.51$91,365
Sep 20101879,76172.633.98$52,425
Aug 201017712,02273.684.42$66,171
Jul 201037114,48672.554.74$95,529
Jun 201017713,96970.364.91$81,047
May 201017315,41471.124.24$77,585
Apr 201035117,34681.694.12$100,185
Mar 201037419,55378.394.39$115,130
Feb 201056721,90973.585.44$160,957
Jan 2010017,45874.365.96$104,121
Dec 200956832,62571.445.48$219,485
Nov 200974934,77974.593.75$186,341
Oct 20091,28345,81872.544.11$281,392
Sep 20091,59061,38865.543.06$292,347
Aug 20091,23754,29267.423.22$258,137
Jul 200905,13861.133.46$17,801
Jun 200905,41866.163.90$21,103
May 200906,02454.743.93$23,649
Apr 200905,98546.773.59$21,471
Mar 200906,38542.144.06$25,917
Feb 2009106,34832.814.63$29,738
Jan 20091237,09635.865.37$42,523
Dec 200804,26337.105.98$25,481
Nov 200807,63955.496.86$52,406
Oct 200807,99475.246.92$55,334
Sep 200807,642101.767.88$60,197
Aug 200808,945114.228.48$75,881
Jul 200809,671131.0811.39$110,147
Jun 2008010,876131.3313.03$141,743
May 200818016,046123.1711.57$207,892
Apr 2008017,521110.3110.45$183,180
Mar 2008018,857101.909.66$182,235
Feb 2008024,91992.538.77$218,554
Jan 2008014,87890.388.21$122,085
Dec 200718429,59688.337.30$232,362
Nov 2007040,20291.677.29$293,141
Oct 2007043,90682.856.92$303,916

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             4 bbl  × $106.41 =       $426
Gas                  927 Mcf  × $  3.05 =     $2,823

────────────────────────────────────────────────────
Month total                                   $3,249

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/232604 is the state's own key, not one this site invented.