STILES 4

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 234120District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
Dec 2007 – May 2026
Value, last 12 filed months
$126 k
at the published price for each month
Months reported
222
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 Gas222009-01-28 – 2009-12-302 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
CondensateDisposition17,020 bbl$1,276,959
GasProduction1,767,863 Mcf$8,211,170
Total$9,488,129

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 35.4532, -100.0602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45317, -100.06017 · 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
16,565 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 16,565 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-4833226060416,565 ftNov 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 (222)

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

222 months

May 202691,884106.413.05$6,696
Apr 2026122,11098.932.87$7,242
Mar 2026112,27489.753.15$8,149
Feb 2026892,08563.503.75$13,471
Jan 2026142,04459.138.00$17,176
Dec 2025132,28156.664.41$10,803
Nov 2025142,26658.593.93$9,718
Oct 2025182,41359.383.30$9,043
Sep 2025752,28862.743.08$11,745
Aug 2025132,76763.933.01$9,173
Jul 2025132,41066.743.32$8,857
Jun 2025962,37366.483.13$13,807
May 2025192,46960.553.23$9,131
Apr 2025172,30562.363.54$9,227
Mar 20251042,44367.704.27$17,468
Feb 2025101,93570.884.34$9,108
Jan 2025132,32574.324.28$10,914
Dec 2024992,48868.993.12$14,596
Nov 2024172,55069.052.20$6,780
Oct 2024172,45471.372.28$6,812
Sep 2024142,51969.612.36$6,930
Aug 2024112,62775.632.06$6,253
Jul 2024132,54179.932.15$6,494
Jun 20241211,88878.082.63$14,421
May 2024122,27678.812.20$5,949
Apr 2024142,46484.451.66$5,271
Mar 20241022,68680.301.55$12,341
Feb 2024152,53376.091.78$5,659
Jan 2024112,38273.023.30$8,658
Dec 2023162,62571.262.61$7,993
Nov 2023222,72177.892.81$9,353
Oct 20231142,76485.443.09$18,273
Sep 2023122,76089.042.74$8,617
Aug 2023102,85980.522.67$8,447
Jul 2023142,96374.852.64$8,876
Jun 20231882,87368.962.26$19,453
May 2023162,94470.622.23$7,687
Apr 2023122,83878.122.24$7,288
Mar 2023122,92572.852.39$7,874
Feb 2023142,78075.112.47$7,906
Jan 2023152,86676.533.39$10,857
Dec 2022152,91776.415.73$17,858
Nov 20221942,95785.005.65$33,186
Oct 2022123,44487.185.86$21,241
Sep 2022583,26084.888.16$31,537
Aug 2022123,23594.529.13$30,661
Jul 202263,201101.587.54$24,752
Jun 202293,143115.097.98$26,108
May 2022133,148109.378.43$27,969
Apr 20221983,260104.226.84$42,926
Mar 2022102,974108.885.08$16,186
Feb 2022152,84291.054.86$15,175
Jan 2022103,17481.844.54$15,221
Dec 2021153,16771.323.90$13,418
Nov 2021163,08877.435.24$17,410
Oct 2021153,34579.795.71$20,310
Sep 20211933,19869.865.35$30,595
Aug 2021133,32766.024.22$14,900
Jul 2021133,40770.783.98$14,487
Jun 2021133,50969.493.38$12,766
May 2021133,55763.483.02$11,559
Apr 20212053,29460.362.76$21,460
Mar 2021223,69261.302.72$11,380
Feb 2021113,20157.805.55$18,395
Jan 2021193,44550.412.81$10,639
Dec 2020163,33844.642.68$9,645
Nov 2020103,30638.772.71$9,336
Oct 2020103,61036.972.48$9,317
Sep 20201303,29637.091.99$11,384
Aug 202073,47939.982.39$8,578
Jul 202063,42238.371.83$6,476
Jun 20201923,30434.901.69$12,286
May 202083,54416.921.81$6,567
Apr 202083,17614.751.80$5,849
Mar 202083,82130.341.86$7,335
Feb 202073,62049.881.98$7,519
Jan 202083,90557.252.09$8,638
Dec 2019103,89659.012.30$9,568
Nov 201993,86755.302.75$11,135
Oct 20191964,01953.472.42$20,200
Sep 201973,79255.052.66$10,462
Aug 201963,94953.112.30$9,419
Jul 201963,92456.272.46$9,991
Jun 201953,85552.782.49$9,867
May 201933,95858.482.74$11,022
Apr 201933,90462.632.75$10,927
Mar 201944,02556.803.06$12,552
Feb 201943,56450.852.79$10,155
Jan 201953,93846.033.23$12,943
Dec 201853,97246.594.19$16,858
Nov 20181954,07452.934.24$27,584
Oct 201854,27561.443.40$14,834
Sep 201844,23859.543.11$13,410
Aug 201834,38459.403.07$13,622
Jul 20181864,46265.142.93$25,198
Jun 201834,21760.183.08$13,156
May 201854,64865.382.90$13,810
Apr 201843,31563.842.90$9,872
Mar 201853,71661.222.79$10,662
Feb 201843,51261.782.77$9,962
Jan 201854,16262.874.01$17,001
Dec 201754,13857.272.92$12,376
Nov 20171894,25555.423.12$23,743
Oct 201774,42049.292.98$13,533
Sep 201744,51747.523.09$14,135
Aug 201754,51445.373.00$13,789
Jul 201734,67543.873.09$14,565
Jun 201744,48342.493.09$14,010
May 201764,75945.373.26$15,803
Apr 201784,61647.933.21$15,208
Mar 201774,69646.772.98$14,339
Feb 201774,48350.452.95$13,590
Jan 20171945,14749.413.42$27,182
Dec 201644,86248.763.72$18,295
Nov 201655,31142.492.64$14,257
Oct 201675,30746.193.09$16,723
Sep 201644,63241.553.10$14,528
Aug 20161885,46641.442.92$23,775
Jul 201625,25541.622.92$15,451
Jun 201635,42645.352.69$14,709
May 201665,58742.521.99$11,379
Apr 201695,19736.561.99$10,676
Mar 20161995,61433.011.79$16,641
Feb 201665,51626.472.06$11,542
Jan 201685,67627.352.36$13,639
Dec 201596,14232.362.00$12,584
Nov 2015105,85738.792.17$13,082
Oct 2015126,21743.552.43$15,609
Sep 20151906,12842.992.76$25,072
Aug 201526,41740.162.87$18,513
Jul 201516,45648.152.95$19,062
Jun 201536,58156.152.88$19,141
May 20151947,16955.212.96$31,898
Apr 201536,35349.822.71$17,344
Mar 201505,96642.892.93$17,508
Feb 20151835,58444.662.98$24,792
Jan 201505,19043.433.10$16,092
Dec 201405,92354.693.59$21,272
Nov 201405,60970.464.25$23,849
Oct 201406,82478.303.90$26,620
Sep 20141865,74386.164.05$39,259
Aug 201405,65489.394.04$22,815
Jul 201406,61496.564.18$27,644
Jun 201406,09998.164.74$28,890
May 20141855,81694.734.73$45,015
Apr 201406,39395.944.81$30,745
Mar 201406,19595.895.06$31,327
Feb 201405,95997.406.19$36,898
Jan 20141927,35990.404.86$53,127
Dec 20132429,04191.824.35$61,589
Nov 201303,72788.853.74$13,933
Oct 201326,50797.423.78$24,787
Sep 201307,216104.113.72$26,827
Aug 20131867,997104.253.52$47,561
Jul 201318,229102.523.72$30,696
Jun 201337,94594.403.93$31,534
May 20131858,68994.834.15$53,595
Apr 201318,42793.964.28$36,183
Mar 20131929,07693.623.91$53,488
Feb 201317,41491.233.42$25,446
Jan 201318,38091.603.42$28,750
Dec 20121959,29386.773.42$48,704
Nov 201218,60086.953.62$31,262
Oct 201208,43289.383.40$28,666
Sep 20121948,93894.672.92$44,451
Aug 201208,97992.662.91$26,112
Jul 20121868,68285.133.02$42,061
Jun 201208,61879.822.52$21,709
May 201208,72991.612.49$21,721
Apr 20121948,774101.652.00$37,240
Mar 2012010,231105.052.22$22,734
Feb 201218710,066101.102.57$44,778
Jan 201209,84098.092.73$26,903
Dec 201119110,90896.873.24$53,841
Nov 2011011,09095.723.31$36,722
Oct 201119010,68484.983.65$55,127
Sep 201119210,78983.623.99$59,058
Aug 2011011,48583.404.15$47,655
Jul 201118911,91994.144.52$71,633
Jun 201119211,43292.904.64$70,880
May 2011012,57698.134.40$55,395
Apr 201118112,286105.964.33$72,417
Mar 201119612,24696.364.06$68,573
Feb 201120312,51985.644.18$69,714
Jan 201119713,88786.504.59$80,765
Dec 201016715,60185.734.35$82,146
Nov 2010013,93680.843.80$52,892
Oct 201038116,06578.103.51$86,126
Sep 2010018,24672.633.98$72,609
Aug 201032613,67973.684.42$84,472
Jul 201016915,29872.554.74$84,720
Jun 201018720,56470.364.91$114,135
May 201037323,32571.124.24$125,314
Apr 201036124,26181.694.12$129,511
Mar 201037026,91578.394.39$147,125
Feb 201054726,81873.585.44$186,201
Jan 201054733,32574.365.96$239,428
Dec 200938739,06171.445.48$241,848
Nov 200974546,28274.593.75$229,196
Oct 20091,66467,81672.544.11$399,447
Sep 20091,08154,63365.543.06$238,285
Aug 200908,62467.423.22$27,756
Jul 200908,73461.133.46$30,259
Jun 20091748,23366.163.90$43,579
May 200908,95654.743.93$35,159
Apr 200909,36846.773.59$33,608
Mar 200908,79242.144.06$35,687
Feb 200909,61532.814.63$44,546
Jan 2009011,21035.865.37$60,209
Dec 2008011,09637.105.98$66,322
Nov 2008010,76855.496.86$73,872
Oct 2008011,72175.246.92$81,133
Sep 200818211,029101.767.88$105,397
Aug 2008013,333114.228.48$113,104
Jul 2008015,542131.0811.39$177,015
Jun 2008015,804131.3313.03$205,968
May 200818419,326123.1711.57$246,348
Apr 2008022,254110.3110.45$232,662
Mar 2008027,416101.909.66$264,950
Feb 2008031,20392.538.77$273,668
Jan 2008045,81490.388.21$375,937
Dec 2007075,47988.337.30$551,145

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             9 bbl  × $106.41 =       $958
Gas                1,884 Mcf  × $  3.05 =     $5,738

────────────────────────────────────────────────────
Month total                                   $6,696

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/234120 is the state's own key, not one this site invented.