STILES 68

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 233496District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Oct 2007 – May 2026
Value, last 12 filed months
$106 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 Gas112008-05-19181709
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
CondensateDisposition21,455 bbl$1,678,561
GasProduction2,092,244 Mcf$10,390,856
Total$12,069,417

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 35.4316, -100.0519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43161, -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
16,927 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 16,927 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-48332381116816,927 ftJul 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 (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 202661,414106.413.05$4,945
Apr 20261141,67698.932.87$16,088
Mar 202681,49189.753.15$5,414
Feb 202671,10963.503.75$4,604
Jan 2026991,63759.138.00$18,946
Dec 2025101,69456.664.41$8,043
Nov 202571,60758.593.93$6,720
Oct 2025141,77259.383.30$6,688
Sep 20251342,01562.743.08$14,607
Aug 202591,91663.933.01$6,352
Jul 2025101,95666.743.32$7,152
Jun 2025121,92066.483.13$6,805
May 20251901,90660.553.23$17,665
Apr 2025141,79362.363.54$7,226
Mar 202591,91567.704.27$8,783
Feb 2025721,70670.884.34$12,509
Jan 2025101,45874.324.28$6,982
Dec 2024102,25868.993.12$7,738
Nov 2024161,69969.052.20$4,840
Oct 2024142,04471.372.28$5,662
Sep 20241292,20069.612.36$14,181
Aug 202482,08475.632.06$4,906
Jul 2024112,39479.932.15$6,018
Jun 202461,17078.082.63$3,550
May 2024102,11478.812.20$5,436
Apr 20241352,21984.451.66$15,083
Mar 2024121,90480.301.55$3,906
Feb 2024131,67576.091.78$3,977
Jan 202482,27873.023.30$8,096
Dec 20231712,10571.262.61$17,681
Nov 2023162,09377.892.81$7,122
Oct 2023152,34085.443.09$8,506
Sep 2023102,08689.042.74$6,596
Aug 202382,28780.522.67$6,757
Jul 20231862,26074.852.64$19,893
Jun 202382,31468.962.26$5,778
May 2023122,07970.622.23$5,478
Apr 202382,26078.122.24$5,682
Mar 20231872,50472.852.39$19,615
Feb 2023102,25275.112.47$6,304
Jan 2023132,38476.533.39$9,071
Dec 2022122,15976.415.73$13,286
Nov 2022102,25185.005.65$13,560
Oct 202282,39487.185.86$14,735
Sep 20221711,72984.888.16$28,629
Aug 202291,58194.529.13$15,281
Jul 202252,717101.587.54$21,000
Jun 202272,384115.097.98$19,823
May 2022112,283109.378.43$20,456
Apr 202262,973104.226.84$20,954
Mar 20222022,586108.885.08$35,121
Feb 2022142,65591.054.86$14,175
Jan 202292,51681.844.54$12,153
Dec 2021132,64171.323.90$11,225
Nov 2021153,23577.435.24$18,103
Oct 20211952,72979.795.71$31,152
Sep 2021102,56869.865.35$14,440
Aug 2021112,61466.024.22$11,759
Jul 2021103,42070.783.98$14,327
Jun 2021102,88869.493.38$10,458
May 20211952,75663.483.02$20,695
Apr 2021152,68360.362.76$8,306
Mar 2021223,66761.302.72$11,312
Feb 2021112,54157.805.55$14,733
Jan 20211413,12850.412.81$15,898
Dec 2020142,90344.642.68$8,392
Nov 20201093,13238.772.71$12,703
Oct 202092,65536.972.48$6,913
Sep 2020124,76137.091.99$9,924
Aug 202063,20439.982.39$7,882
Jul 202063,19938.371.83$6,069
Jun 20201583,77534.901.69$11,895
May 202073,09716.921.81$5,739
Apr 202073,01314.751.80$5,540
Mar 202062,92130.341.86$5,604
Feb 202062,97849.881.98$6,198
Jan 202073,16557.252.09$7,031
Dec 20191963,11659.012.30$18,746
Nov 201972,82355.302.75$8,152
Oct 201983,23653.472.42$8,254
Sep 201962,97055.052.66$8,222
Aug 201953,21853.112.30$7,681
Jul 20191353,60256.272.46$16,458
Jun 201943,55752.782.49$9,072
May 201933,03458.482.74$8,490
Apr 20191893,09562.632.75$20,350
Mar 201933,05656.803.06$9,528
Feb 201932,81950.852.79$8,024
Jan 201942,89746.033.23$9,536
Dec 201833,15446.594.19$13,341
Nov 20181882,84752.934.24$22,014
Oct 201832,97161.443.40$10,280
Sep 201833,10359.543.11$9,823
Aug 201823,21659.403.07$9,981
Jul 20181783,62365.142.93$22,217
Jun 201833,29560.183.08$10,319
May 201843,45965.382.90$10,295
Apr 201854,13663.842.90$12,317
Mar 20181923,72461.222.79$22,132
Feb 201843,73761.782.77$10,584
Jan 201843,71562.874.01$15,146
Dec 201743,44457.272.92$10,291
Nov 20171924,19655.423.12$23,725
Oct 201764,12249.292.98$12,594
Sep 201743,86047.523.09$12,107
Aug 20171915,13845.373.00$24,102
Jul 201734,88643.873.09$15,216
Jun 201744,60642.493.09$14,390
May 20171913,74045.373.26$20,871
Apr 201774,26747.933.21$14,039
Mar 201763,89846.772.98$11,911
Feb 201784,95450.452.95$15,031
Jan 201754,75049.413.42$16,486
Dec 201655,81948.763.72$21,907
Nov 201654,44842.492.64$11,975
Oct 20161945,72446.193.09$26,650
Sep 201655,25541.553.10$16,502
Aug 201635,91341.442.92$17,416
Jul 201625,39641.622.92$15,863
Jun 20161904,86845.352.69$21,691
May 201665,16842.521.99$10,545
Apr 201694,52636.561.99$9,340
Mar 20161986,09233.011.79$17,465
Feb 201654,43626.472.06$9,287
Jan 201685,56027.352.36$13,365
Dec 201586,06932.362.00$12,405
Nov 201584,38438.792.17$9,812
Oct 20151986,87443.552.43$25,303
Sep 201544,74142.992.76$13,250
Aug 201537,34040.162.87$21,205
Jul 20151874,98248.152.95$23,676
Jun 201536,09256.152.88$17,731
May 20151957,03555.212.96$31,558
Apr 201524,05349.822.71$11,069
Mar 201505,70142.892.93$16,731
Feb 20151916,05944.662.98$26,563
Jan 201505,67043.433.10$17,581
Dec 201406,16454.693.59$22,137
Nov 20141925,56970.464.25$37,207
Oct 201406,31978.303.90$24,650
Sep 201406,19086.164.05$25,041
Aug 20141946,83089.394.04$44,902
Jul 201406,97996.564.18$29,169
Jun 20141916,35698.164.74$48,856
May 201405,75594.734.73$27,201
Apr 20141938,69095.944.81$60,308
Mar 201407,60895.895.06$38,472
Feb 201405,86297.406.19$36,298
Jan 201409,55190.404.86$46,425
Dec 20133236,82991.824.35$59,395
Nov 201369,14188.853.74$34,705
Oct 20131989,35897.423.78$54,656
Sep 201318,704104.113.72$32,463
Aug 20131959,287104.253.52$53,043
Jul 201318,013102.523.72$29,893
Jun 20131898,48494.403.93$51,213
May 201318810,19494.834.15$60,124
Apr 201318,66793.964.28$37,211
Mar 201319,19793.623.91$36,080
Feb 201320010,24791.233.42$53,290
Jan 201309,40491.603.42$32,161
Dec 20121918,12886.773.42$44,372
Nov 2012111,04386.953.62$40,117
Oct 201218912,71589.383.40$60,120
Sep 201218611,01994.672.92$49,766
Aug 2012114,56992.662.91$42,462
Jul 201218711,41785.133.02$50,408
Jun 201219313,72079.822.52$49,966
May 201218913,98091.612.49$52,101
Apr 2012012,632101.652.00$25,224
Mar 201219314,148105.052.22$51,713
Feb 201218814,499101.102.57$56,273
Jan 201218718,76998.092.73$69,659
Dec 201117,86796.873.24$25,584
Nov 201119316,53395.723.31$73,219
Oct 201118717,14684.983.65$78,449
Sep 201118616,98283.623.99$83,240
Aug 201138118,35483.404.15$107,932
Jul 201137218,58194.144.52$118,955
Jun 201118418,92192.904.64$104,885
May 201118821,39798.134.40$112,698
Apr 201119322,497105.964.33$117,936
Mar 201119026,10496.364.06$124,221
Feb 201139024,98585.644.18$137,836
Jan 201136633,27186.504.59$184,332
Dec 201054916,88085.734.35$120,456
Nov 201039039,02880.843.80$179,652
Oct 201091744,12978.103.51$226,462
Sep 20101,07350,98472.633.98$280,821
Aug 20101,95476,54073.684.42$482,229
Jul 201089342,01272.554.74$263,777
Jun 20101799,39870.364.91$58,742
May 201009,19771.124.24$38,951
Apr 201009,29681.694.12$38,325
Mar 2010011,57878.394.39$50,812
Feb 2010010,15673.585.44$55,273
Jan 2010011,58774.365.96$69,106
Dec 2009010,49471.445.48$57,546
Nov 2009012,57474.593.75$47,171
Oct 2009014,39272.544.11$59,155
Sep 2009014,58665.543.06$44,702
Aug 2009015,76967.423.22$50,753
Jul 2009013,09061.133.46$45,350
Jun 2009012,74566.163.90$49,642
May 2009014,53754.743.93$57,069
Apr 2009014,69846.773.59$52,729
Mar 2009016,16342.144.06$65,606
Feb 2009014,11932.814.63$65,413
Jan 2009010,37235.865.37$55,708
Dec 2008011,81037.105.98$70,590
Nov 2008012,41355.496.86$85,158
Oct 2008014,38875.246.92$99,593
Sep 200816313,548101.767.88$123,306
Aug 2008017,222114.228.48$146,095
Jul 2008019,881131.0811.39$226,433
Jun 2008021,141131.3313.03$275,523
May 200817024,586123.1711.57$305,504
Apr 2008028,343110.3110.45$296,322
Mar 200816435,765101.909.66$362,347
Feb 200816444,61992.538.77$406,509
Jan 200816066,19390.388.21$557,623
Dec 200737682,18088.337.30$633,288
Nov 20071,100105,41291.677.29$869,470
Oct 200719267,38682.856.92$482,352

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             6 bbl  × $106.41 =       $638
Gas                1,414 Mcf  × $  3.05 =     $4,307

────────────────────────────────────────────────────
Month total                                   $4,945

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/233496 is the state's own key, not one this site invented.