STILES 16

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 232881District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Aug 2007 – May 2026
Value, last 12 filed months
$134 k
at the published price for each month
Months reported
226
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 Gas112008-04-14181819
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
CondensateDisposition15,927 bbl$1,227,108
GasProduction2,161,596 Mcf$10,327,703
Total$11,554,811

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, -100.0876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46445, -100.08764 · 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
16,610 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 16,610 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-48332289301616,610 ftApr 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 (226)

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

226 months

May 202602,783106.413.05$8,477
Apr 202602,59098.932.87$7,433
Mar 202602,69389.753.15$8,481
Feb 2026762,38463.503.75$13,767
Jan 202602,64359.138.00$21,139
Dec 202502,80956.664.41$12,397
Nov 202502,71058.593.93$10,641
Oct 2025882,80359.383.30$14,489
Sep 202502,79362.743.08$8,594
Aug 2025162,96863.933.01$9,971
Jul 202502,94566.743.32$9,763
Jun 202502,68266.483.13$8,391
May 2025932,87860.553.23$14,934
Apr 202502,81062.363.54$9,956
Mar 202502,83067.704.27$12,079
Feb 202502,69970.884.34$11,716
Jan 20251332,90074.324.28$22,293
Dec 2024173,04668.993.12$10,681
Nov 202402,88269.052.20$6,336
Oct 202402,99571.372.28$6,833
Sep 202403,08269.612.36$7,287
Aug 202403,03075.632.06$6,253
Jul 202403,01379.932.15$6,468
Jun 202402,91878.082.63$7,686
May 20241583,07178.812.20$19,203
Apr 202403,01084.451.66$4,994
Mar 202403,09280.301.55$4,778
Feb 202402,97276.091.78$5,301
Jan 202403,01073.023.30$9,926
Dec 202303,22371.262.61$8,414
Nov 2023943,06077.892.81$15,913
Oct 202303,27985.443.09$10,123
Sep 202303,19989.042.74$8,749
Aug 202303,31080.522.67$8,847
Jul 20231543,10974.852.64$19,740
Jun 202303,28768.962.26$7,424
May 202303,35570.622.23$7,473
Apr 202303,24078.122.24$7,250
Mar 202303,40972.852.39$8,158
Feb 202302,97475.112.47$7,333
Jan 202303,35376.533.39$11,359
Dec 20221853,61176.415.73$34,824
Nov 202203,94685.005.65$22,280
Oct 202203,52087.185.86$20,640
Sep 202203,67884.888.16$30,026
Aug 202203,45794.529.13$31,553
Jul 202203,512101.587.54$26,488
Jun 202203,633115.097.98$28,981
May 20221073,790109.378.43$43,664
Apr 202203,243104.226.84$22,174
Mar 202203,363108.885.08$17,072
Feb 20221883,34391.054.86$33,361
Jan 202203,49481.844.54$15,855
Dec 202103,60271.323.90$14,045
Nov 202103,52477.435.24$18,455
Oct 202103,67179.795.71$20,976
Sep 202103,59569.865.35$19,237
Aug 20211863,70366.024.22$27,909
Jul 202103,79370.783.98$15,104
Jun 202103,62669.493.38$12,258
May 202103,78163.483.02$11,410
Apr 202103,74760.362.76$10,336
Mar 202104,31261.302.72$11,715
Feb 202103,13057.805.55$17,365
Jan 20211893,86150.412.81$20,378
Dec 202003,83744.642.68$10,266
Nov 202003,76138.772.71$10,179
Oct 202004,00336.972.48$9,921
Sep 202004,96637.091.99$9,888
Aug 20201744,04439.982.39$16,602
Jul 202004,38538.371.83$8,003
Jun 202003,98534.901.69$6,736
May 202004,47116.921.81$8,114
Apr 20201904,00514.751.80$10,029
Mar 202004,46430.341.86$8,286
Feb 202003,98449.881.98$7,891
Jan 202004,42557.252.09$9,269
Dec 201904,47859.012.30$10,319
Nov 201904,37855.302.75$12,043
Oct 201905,46553.472.42$13,217
Sep 20191845,58455.052.66$24,967
Aug 201905,77653.112.30$13,310
Jul 201906,02556.272.46$14,822
Jun 20191835,43752.782.49$23,203
May 201965,72458.482.74$16,036
Apr 201955,58962.632.75$15,687
Mar 201905,86056.803.06$17,944
Feb 201904,55950.852.79$12,730
Jan 201924,92046.033.23$15,975
Dec 20181935,38046.594.19$31,510
Nov 201814,15852.934.24$17,671
Oct 201815,67861.443.40$19,356
Sep 201835,23159.543.11$16,437
Aug 201825,92759.403.07$18,294
Jul 201815,55265.142.93$16,343
Jun 20181855,79860.183.08$28,973
May 201815,19965.382.90$15,147
Apr 201824,76763.842.90$13,956
Mar 201815,29861.222.79$14,826
Feb 201815,13961.782.77$14,277
Jan 201815,58062.874.01$22,435
Dec 201715,14257.272.92$15,080
Nov 201715,79855.423.12$18,136
Oct 201706,02849.292.98$17,986
Sep 201706,02847.523.09$18,610
Aug 201736,40545.373.00$19,379
Jul 201726,73643.873.09$20,884
Jun 201726,34642.493.09$19,677
May 201717,15845.373.26$23,405
Apr 201706,90947.933.21$22,189
Mar 201706,74046.772.98$20,110
Feb 201704,62050.452.95$13,641
Jan 20171765,31949.413.42$26,881
Dec 201627,30448.763.72$27,289
Nov 201625,30142.492.64$14,103
Oct 201636,39846.193.09$19,910
Sep 201666,73941.553.10$21,144
Aug 201668,33841.442.92$24,632
Jul 201657,92041.622.92$23,369
Jun 20161917,57045.352.69$28,994
May 201607,94642.521.99$15,821
Apr 201608,00636.561.99$15,940
Mar 20161917,84333.011.79$20,375
Feb 201607,93526.472.06$16,375
Jan 201608,23627.352.36$19,473
Dec 201508,13232.362.00$16,275
Nov 201508,10538.792.17$17,566
Oct 201507,96643.552.43$19,330
Sep 201508,22642.992.76$22,691
Aug 20153719,62640.162.87$42,550
Jul 201509,15348.152.95$26,956
Jun 201508,74156.152.88$25,199
May 201508,67555.212.96$25,639
Apr 201508,73749.822.71$23,647
Mar 201508,68542.892.93$25,488
Feb 201508,15244.662.98$24,262
Jan 201509,04043.433.10$28,030
Dec 20141919,71754.693.59$45,343
Nov 201404,34670.464.25$18,479
Oct 201409,03978.303.90$35,261
Sep 20143728,94886.164.05$68,250
Aug 201409,20789.394.04$37,151
Jul 201409,20296.564.18$38,461
Jun 201408,75898.164.74$41,486
May 20141748,88194.734.73$58,460
Apr 20141988,64195.944.81$60,552
Mar 201408,33295.895.06$42,133
Feb 201405,35797.406.19$33,171
Jan 201407,03790.404.86$34,205
Dec 2013447,32291.824.35$35,924
Nov 2013806,83588.853.74$32,659
Oct 20131947,45697.423.78$47,078
Sep 201357,191104.113.72$27,255
Aug 201327,483104.253.52$26,568
Jul 20131837,870102.523.72$48,020
Jun 20131847,75894.403.93$47,885
May 201319,09194.834.15$37,814
Apr 201308,57693.964.28$36,727
Mar 201319,47993.623.91$37,184
Feb 20131839,04791.233.42$47,635
Jan 201328,62591.603.42$29,680
Dec 2012210,22886.773.42$35,155
Nov 201219510,17586.953.62$53,839
Oct 2012110,53189.383.40$35,891
Sep 201218510,15494.672.92$47,147
Aug 2012310,77492.662.91$31,611
Jul 201218710,83885.133.02$48,659
Jun 2012010,67179.822.52$26,881
May 201219411,54291.612.49$46,493
Apr 2012011,560101.652.00$23,083
Mar 201218911,757105.052.22$45,979
Feb 201219211,211101.102.57$48,226
Jan 2012012,57398.092.73$34,376
Dec 201112413,19396.873.24$54,754
Nov 201118714,23895.723.31$65,046
Oct 20116414,47284.983.65$58,240
Sep 201119014,76583.623.99$74,738
Aug 201119317,03783.404.15$86,788
Jul 201138014,02094.144.52$99,105
Jun 201119016,47192.904.64$94,074
May 201118317,64498.134.40$95,676
Apr 201119117,479105.964.33$95,980
Mar 201118018,88496.364.06$93,964
Feb 201139220,12085.644.18$117,672
Jan 201138818,06786.504.59$116,467
Dec 201018823,16985.734.35$116,850
Nov 201036223,81280.843.80$119,638
Oct 201073526,33478.103.51$149,807
Sep 201018727,50472.633.98$123,033
Aug 201087530,80573.684.42$200,608
Jul 201072035,38672.554.74$219,841
Jun 201072938,89770.364.91$242,292
May 20101,62449,85771.124.24$326,654
Apr 201007,44781.694.12$30,702
Mar 201009,37978.394.39$41,161
Feb 201006,43073.585.44$34,994
Jan 201008,66174.365.96$51,655
Dec 200908,59671.445.48$47,138
Nov 200908,51674.593.75$31,948
Oct 200908,33572.544.11$34,259
Sep 200908,85765.543.06$27,144
Aug 200909,64567.423.22$31,042
Jul 2009010,78861.133.46$37,375
Jun 2009011,78466.163.90$45,899
May 2009013,02354.743.93$51,125
Apr 2009014,53546.773.59$52,144
Mar 2009015,91042.144.06$64,579
Feb 2009015,60432.814.63$72,293
Jan 2009017,81635.865.37$95,690
Dec 2008017,95237.105.98$107,302
Nov 200816718,85855.496.86$138,640
Oct 2008021,17675.246.92$146,580
Sep 2008023,302101.767.88$183,552
Aug 2008026,116114.228.48$221,543
Jul 2008017,101131.0811.39$194,771
Jun 200817618,343131.3313.03$262,172
May 2008021,883123.1711.57$253,280
Apr 2008023,401110.3110.45$244,654
Mar 2008026,937101.909.66$260,321
Feb 200819928,96992.538.77$272,488
Jan 2008037,28590.388.21$305,951
Dec 2007049,09688.337.30$358,498
Nov 200719363,00891.677.29$477,128
Oct 2007365116,57882.856.92$837,191
Sep 2007045,29075.846.24$282,798
Aug 20070069.066.39$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             0 bbl  × $106.41 =         $0
Gas                2,783 Mcf  × $  3.05 =     $8,477

────────────────────────────────────────────────────
Month total                                   $8,477

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/232881 is the state's own key, not one this site invented.