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 234569District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Jan 2008 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
221
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 Gas112008-07-15183053
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
CondensateDisposition15,740 bbl$1,268,541
GasProduction1,472,879 Mcf$7,389,034
Total$8,657,575

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 35.4575, -100.0695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45745, -100.06948 · 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
16,650 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 16,650 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-4833237490416,650 ftJul 2011

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 (221)

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

221 months

May 202661,287106.413.05$4,558
Apr 202691,49598.932.87$5,181
Mar 202681,56989.753.15$5,659
Feb 2026631,43563.503.75$9,382
Jan 2026101,43859.138.00$12,092
Dec 2025101,61156.664.41$7,677
Nov 2025111,58658.593.93$6,872
Oct 20251241,76259.383.30$13,186
Sep 2025101,67962.743.08$5,794
Aug 202591,84763.933.01$6,144
Jul 2025101,85566.743.32$6,817
Jun 20251151,80566.483.13$13,293
May 2025131,72960.553.23$6,376
Apr 2025131,68362.363.54$6,774
Mar 202581,78367.704.27$8,152
Feb 20251871,52870.884.34$19,887
Jan 2025101,78474.324.28$8,376
Dec 202491,86668.993.12$6,445
Nov 2024121,83169.052.20$4,854
Oct 2024131,81671.372.28$5,071
Sep 2024841,82969.612.36$10,172
Aug 202481,92975.632.06$4,586
Jul 2024101,84879.932.15$4,766
Jun 2024741,44078.082.63$9,571
May 202491,71878.812.20$4,486
Apr 2024111,92484.451.66$4,121
Mar 20241952,03080.301.55$18,795
Feb 2024121,88576.091.78$4,275
Jan 202481,76773.023.30$6,411
Dec 2023122,01171.262.61$6,105
Nov 2023161,97377.892.81$6,786
Oct 20232012,04985.443.09$23,499
Sep 202392,03389.042.74$6,362
Aug 202372,08680.522.67$6,139
Jul 2023112,14474.852.64$6,487
Jun 202392,10868.962.26$5,382
May 2023122,19870.622.23$5,743
Apr 202382,14378.122.24$5,420
Mar 20231972,15072.852.39$19,497
Feb 202392,04175.112.47$5,708
Jan 2023112,05876.533.39$7,814
Dec 2022112,14776.415.73$13,141
Nov 202292,09485.005.65$12,588
Oct 2022102,87187.185.86$17,707
Sep 20221542,27784.888.16$31,660
Aug 202292,32194.529.13$22,035
Jul 202242,341101.587.54$18,062
Jun 202272,299115.097.98$19,145
May 20221922,388109.378.43$41,137
Apr 202262,275104.226.84$16,181
Mar 202272,321108.885.08$12,544
Feb 2022112,00591.054.86$10,744
Jan 202282,52781.844.54$12,121
Dec 2021122,41771.323.90$10,280
Nov 20211922,33977.435.24$27,116
Oct 2021112,54279.795.71$15,402
Sep 202192,41369.865.35$13,541
Aug 202192,50166.024.22$11,150
Jul 202192,49870.783.98$10,584
Jun 202192,27969.493.38$8,330
May 20211902,47063.483.02$19,515
Apr 2021132,35760.362.76$7,286
Mar 2021182,65461.302.72$8,314
Feb 2021103,14357.805.55$18,015
Jan 2021152,60050.412.81$8,063
Dec 20201962,45044.642.68$15,304
Nov 202082,64038.772.71$7,456
Oct 202082,68936.972.48$6,960
Sep 202072,53137.091.99$5,299
Aug 202052,60739.982.39$6,418
Jul 20201872,62838.371.83$11,972
Jun 202062,55534.901.69$4,528
May 202083,71816.921.81$6,883
Apr 20201862,55514.751.80$7,354
Mar 202052,52230.341.86$4,833
Feb 202052,38549.881.98$4,973
Jan 202062,76557.252.09$6,135
Dec 201972,78659.012.30$6,833
Nov 201962,69955.302.75$7,756
Oct 20191872,91353.472.42$17,044
Sep 201962,83555.052.66$7,864
Aug 201953,15453.112.30$7,534
Jul 201953,14756.272.46$8,023
Jun 20191873,07052.782.49$17,518
May 201933,17758.482.74$8,881
Apr 201933,11462.632.75$8,754
Mar 201943,27356.803.06$10,249
Feb 201932,64150.852.79$7,527
Jan 20191963,07946.033.23$18,961
Dec 201843,22046.594.19$13,663
Nov 201852,97552.934.24$12,870
Oct 201833,11261.443.40$10,759
Sep 201832,87759.543.11$9,120
Aug 20181722,95159.403.07$19,266
Jul 201812,79565.142.93$8,260
Jun 201822,56860.183.08$8,022
May 20181902,87065.382.90$20,748
Apr 201842,87963.842.90$8,607
Mar 201842,89161.222.79$8,302
Feb 201832,68761.782.77$7,618
Jan 20181853,04762.874.01$23,847
Dec 201732,99257.272.92$8,913
Nov 201732,64155.423.12$8,402
Oct 201753,43749.292.98$10,501
Sep 201733,71847.523.09$11,621
Aug 201743,84345.373.00$11,727
Jul 201723,97143.873.09$12,347
Jun 201743,83842.493.09$12,019
May 201754,23645.373.26$14,051
Apr 201763,81847.933.21$12,549
Mar 201763,99846.772.98$12,209
Feb 201763,69750.452.95$11,218
Jan 201744,14349.413.42$14,362
Dec 201644,25548.763.72$16,036
Nov 201644,17842.492.64$11,218
Oct 201664,44646.193.09$14,016
Sep 201644,20641.553.10$13,207
Aug 20161854,34641.442.92$20,376
Jul 201614,42541.622.92$12,982
Jun 201624,35045.352.69$11,774
May 20161874,44942.521.99$16,809
Apr 201673,98636.561.99$8,192
Mar 201684,44033.011.79$8,229
Feb 201644,23526.472.06$8,845
Jan 20161994,92227.352.36$17,080
Dec 201574,87932.362.00$9,991
Nov 201594,88838.792.17$10,943
Oct 2015104,93743.552.43$12,416
Sep 201544,91242.992.76$13,721
Aug 20151865,14940.162.87$22,260
Jul 201515,22848.152.95$15,445
Jun 201535,41156.152.88$15,768
May 201565,69955.212.96$17,174
Apr 201535,28449.822.71$14,451
Mar 20151915,67742.892.93$24,852
Feb 201504,83144.662.98$14,378
Jan 20151885,70443.433.10$25,851
Dec 201405,44654.693.59$19,559
Nov 20141844,39070.464.25$31,630
Oct 201405,60878.303.90$21,877
Sep 201405,58986.164.05$22,610
Aug 20141886,06589.394.04$41,278
Jul 201406,50696.564.18$27,192
Jun 201405,65798.164.74$26,797
May 20141806,18794.734.73$46,295
Apr 201406,16995.944.81$29,667
Mar 201406,46495.895.06$32,687
Feb 20141856,69397.406.19$59,462
Jan 201406,33590.404.86$30,793
Dec 2013446,56991.824.35$32,645
Nov 201326,74488.853.74$25,389
Oct 20132037,53897.423.78$48,265
Sep 201317,538104.113.72$28,128
Aug 20131797,993104.253.52$46,817
Jul 201328,286102.523.72$31,010
Jun 20131838,18394.403.93$49,462
May 201318,69894.834.15$36,184
Apr 20131858,44993.964.28$53,566
Mar 201319,25293.623.91$36,295
Feb 20131997,84591.233.42$44,984
Jan 201339,40191.603.42$32,425
Dec 20121829,41386.773.42$47,986
Nov 201219,39086.953.62$34,125
Oct 201219010,00089.383.40$50,979
Sep 20121879,32994.672.92$44,929
Aug 201235610,01492.662.91$62,109
Jul 2012210,71585.133.02$32,538
Jun 201218510,70879.822.52$41,741
May 201218312,70391.612.49$48,374
Apr 201237110,061101.652.00$57,802
Mar 201218811,663105.052.22$45,666
Feb 201217711,663101.102.57$47,871
Jan 201219513,58098.092.73$56,256
Dec 201119314,63796.873.24$66,116
Nov 201140015,82595.723.31$90,689
Oct 201139418,42884.983.65$100,717
Sep 201139020,50183.623.99$114,325
Aug 201157024,48383.404.15$149,126
Jul 201158818,64394.144.52$139,569
Jun 201156622,72292.904.64$158,009
May 201176933,08598.134.40$221,195
Apr 201124,011105.964.33$17,593
Mar 201105,97696.364.06$24,247
Feb 201105,53185.644.18$23,119
Jan 201106,96586.504.59$31,961
Dec 201007,09185.734.35$30,830
Nov 201006,87880.843.80$26,104
Oct 201007,61378.103.51$26,713
Sep 201007,33072.633.98$29,170
Aug 201008,12873.684.42$35,921
Jul 201007,91172.554.74$37,470
Jun 201008,69770.364.91$42,706
May 201008,96071.124.24$37,948
Apr 20101748,63981.694.12$49,830
Mar 201009,56178.394.39$41,960
Feb 201008,41173.585.44$45,776
Jan 201009,60274.365.96$57,267
Dec 200909,16471.445.48$50,253
Nov 200909,50074.593.75$35,639
Oct 2009011,16072.544.11$45,870
Sep 2009010,74465.543.06$32,928
Aug 200918811,94567.423.22$51,120
Jul 2009011,10061.133.46$38,456
Jun 2009011,00266.163.90$42,853
May 2009012,89754.743.93$50,630
Apr 2009013,86946.773.59$49,755
Mar 2009015,83942.144.06$64,291
Feb 200918014,30232.814.63$72,167
Jan 2009013,59135.865.37$72,997
Dec 2008015,24537.105.98$91,122
Nov 2008015,45555.496.86$106,027
Oct 200817517,21275.246.92$132,308
Sep 200817918,109101.767.88$160,861
Aug 200817919,821114.228.48$188,587
Jul 2008023,404131.0811.39$266,558
Jun 2008025,587131.3313.03$333,466
May 200819529,987123.1711.57$371,096
Apr 200817735,359110.3110.45$389,198
Mar 200835750,916101.909.66$528,434
Feb 200853480,67492.538.77$756,969
Jan 2008014,71990.388.21$120,780

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                1,287 Mcf  × $  3.05 =     $3,920

────────────────────────────────────────────────────
Month total                                   $4,558

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/234569 is the state's own key, not one this site invented.