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 235288District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Jan 2008 – May 2026
Value, last 12 filed months
$206 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 Gas222008-08-28 – 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
CondensateDisposition33,383 bbl$2,712,010
GasProduction1,987,185 Mcf$8,873,732
Total$11,585,742

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 35.4723, -100.0497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47230, -100.04969 · 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
16,430 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 16,430 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-48332373101816,430 ftDec 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 (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 2026173,564106.413.05$12,664
Apr 2026213,61398.932.87$12,446
Mar 20261293,74989.753.15$23,385
Feb 2026163,30463.503.75$13,407
Jan 2026223,42059.138.00$28,654
Dec 2025713,60156.664.41$19,915
Nov 2025243,80458.593.93$16,342
Oct 2025314,05959.383.30$15,255
Sep 2025203,68862.743.08$12,602
Aug 2025984,06263.933.01$18,511
Jul 2025814,16166.743.32$19,200
Jun 2025253,97566.483.13$14,099
May 2025334,11260.553.23$15,289
Apr 20251354,02062.363.54$22,662
Mar 2025173,89567.704.27$17,776
Feb 2025193,62770.884.34$17,091
Jan 20251123,90074.324.28$25,011
Dec 2024564,01368.993.12$16,390
Nov 2024284,03469.052.20$10,802
Oct 2024284,13371.372.28$11,427
Sep 2024224,05069.612.36$11,107
Aug 2024984,32375.632.06$16,333
Jul 2024964,43779.932.15$17,198
Jun 2024133,88078.082.63$11,235
May 20241104,39878.812.20$18,338
Apr 2024224,12584.451.66$8,702
Mar 2024244,17580.301.55$8,378
Feb 20241474,12276.091.78$18,537
Jan 2024153,80273.023.30$13,633
Dec 2023254,19371.262.61$12,728
Nov 2023364,42277.892.81$15,219
Oct 20231054,90985.443.09$24,127
Sep 2023214,66989.042.74$14,640
Aug 2023174,93980.522.67$14,570
Jul 20231324,92374.852.64$22,886
Jun 2023214,78668.962.26$12,257
May 2023264,98370.622.23$12,935
Apr 20231844,66778.122.24$24,818
Mar 2023174,10972.852.39$11,072
Feb 2023132,74075.112.47$7,732
Jan 2023152,86976.533.39$10,867
Dec 20221992,86076.415.73$31,591
Nov 2022112,70285.005.65$16,191
Oct 202292,74087.185.86$16,851
Sep 2022122,63784.888.16$22,546
Aug 2022112,89294.529.13$27,435
Jul 202263,081101.587.54$23,847
Jun 202292,965115.097.98$24,688
May 20221912,862109.378.43$45,025
Apr 202272,652104.226.84$18,863
Mar 202282,617108.885.08$14,156
Feb 2022112,17591.054.86$11,570
Jan 202272,31081.844.54$11,055
Dec 2021122,33371.323.90$9,952
Nov 2021122,38477.435.24$13,414
Oct 20211882,39479.795.71$28,680
Sep 202172,08269.865.35$11,630
Aug 202182,12266.024.22$9,484
Jul 202182,11370.783.98$8,980
Jun 202172,00069.493.38$7,248
May 202182,06363.483.02$6,733
Apr 2021122,03460.362.76$6,335
Mar 20211972,24861.302.72$18,184
Feb 202181,87657.805.55$10,870
Jan 2021132,15750.412.81$6,717
Dec 2020102,07444.642.68$5,995
Nov 202062,12138.772.71$5,973
Oct 202062,10636.972.48$5,441
Sep 2020721,98437.091.99$6,621
Aug 202041,98439.982.39$4,892
Jul 202042,07238.371.83$3,935
Jun 202052,06334.901.69$3,662
May 20201022,15316.921.81$5,633
Apr 202062,20314.751.80$4,064
Mar 202052,46930.341.86$4,735
Feb 202042,09149.881.98$4,341
Jan 202042,24957.252.09$4,940
Dec 201941,95859.012.30$4,748
Nov 201931,34155.302.75$3,855
Oct 201941,71553.472.42$4,362
Sep 20191631,87255.052.66$13,948
Aug 201943,46653.112.30$8,199
Jul 20191863,88256.272.46$20,016
Jun 201933,46252.782.49$8,783
May 201923,43558.482.74$9,530
Apr 201923,33662.632.75$9,302
Mar 201933,16356.803.06$9,856
Feb 201943,78750.852.79$10,778
Jan 201944,08446.033.23$13,368
Dec 20181904,02446.594.19$25,694
Nov 201843,67852.934.24$15,796
Oct 201833,73761.443.40$12,883
Sep 201833,73459.543.11$11,784
Aug 201823,92859.403.07$12,164
Jul 20181874,00065.142.93$23,909
Jun 201823,92160.183.08$12,185
May 201844,20365.382.90$12,454
Apr 201844,11463.842.90$12,189
Mar 201854,78061.222.79$13,627
Feb 201833,36761.782.77$9,499
Jan 20181853,43962.874.01$25,419
Dec 201732,93557.272.92$8,746
Nov 201734,24855.423.12$13,413
Oct 201754,50849.292.98$13,697
Sep 20171833,96947.523.09$20,950
Aug 201744,47245.373.00$13,617
Jul 201724,52343.873.09$14,052
Jun 201734,53442.493.09$14,125
May 201744,71045.373.26$15,552
Apr 20171914,49647.933.21$23,594
Mar 201754,47546.772.98$13,586
Feb 201754,24250.452.95$12,777
Jan 201744,06049.413.42$14,078
Dec 20161884,87148.763.72$27,301
Nov 201655,56542.492.64$14,928
Oct 201665,78446.193.09$18,151
Sep 20161875,66041.553.10$25,319
Aug 201625,45141.442.92$16,023
Jul 201615,50541.622.92$16,140
Jun 201624,87945.352.69$13,195
May 201644,64042.521.99$9,409
Apr 20161924,02036.561.99$15,024
Mar 201674,40433.011.79$8,132
Feb 201634,23026.472.06$8,809
Jan 201654,23127.352.36$10,140
Dec 201564,87732.362.00$9,955
Nov 20151934,85938.792.17$18,018
Oct 201595,49443.552.43$13,724
Sep 201535,27742.992.76$14,685
Aug 20151895,10140.162.87$22,243
Jul 201515,84148.152.95$17,250
Jun 201535,54656.152.88$16,157
May 20151936,68155.212.96$30,401
Apr 201525,75049.822.71$15,662
Mar 201506,46942.892.93$18,985
Feb 201506,16244.662.98$18,339
Jan 20151856,91043.433.10$29,460
Dec 20141917,00154.693.59$35,589
Nov 201407,32970.464.25$31,162
Oct 20141839,11978.303.90$49,902
Sep 20141878,81486.164.05$51,768
Aug 201419013,65789.394.04$72,092
Jul 201419213,46896.564.18$74,830
Jun 201422010,78998.164.74$72,701
May 201421811,07694.734.73$73,003
Apr 201419111,05595.944.81$71,489
Mar 201438915,36095.895.06$114,974
Feb 201418813,09097.406.19$99,364
Jan 201438714,67590.404.86$106,316
Dec 201337713,85791.824.35$94,956
Nov 201339213,19188.853.74$84,141
Oct 201337212,05597.423.78$81,800
Sep 2013311,542104.113.72$43,222
Aug 201319817104.253.52$20,701
Jul 201319111,009102.523.72$60,510
Jun 201339120,65394.403.93$118,147
May 201377923,75294.834.15$172,422
Apr 201359325,78993.964.28$166,162
Mar 20131,17132,20993.623.91$235,659
Feb 201378124,53491.233.42$155,155
Jan 201379930,08491.603.42$176,073
Dec 20121,71932,19586.773.42$259,270
Nov 20121,88240,39786.953.62$310,077
Oct 20122,42541,86289.383.40$359,064
Sep 20121906,10094.672.92$35,790
Aug 201218411,34592.662.91$50,043
Jul 2012111,54685.133.02$34,963
Jun 201218411,01579.822.52$42,434
May 201218611,79791.612.49$46,394
Apr 2012011,178101.652.00$22,320
Mar 201218911,290105.052.22$44,942
Feb 201217210,585101.102.57$44,595
Jan 201219311,60798.092.73$50,666
Dec 201118111,89496.873.24$56,067
Nov 2011111,57595.723.31$38,424
Oct 201138612,02084.983.65$76,658
Sep 2011112,01083.623.99$47,953
Aug 201137412,87883.404.15$84,627
Jul 201119213,16594.144.52$77,544
Jun 201119213,21292.904.64$79,139
May 201119114,35998.134.40$81,992
Apr 201118714,474105.964.33$82,534
Mar 201119114,35796.364.06$76,656
Feb 201119213,63585.644.18$73,437
Jan 2011015,29286.504.59$70,172
Dec 201038016,42785.734.35$103,998
Nov 201018316,67980.843.80$78,096
Oct 201018718,57878.103.51$79,793
Sep 201037414,80972.633.98$86,096
Aug 201035318,59973.684.42$108,205
Jul 201035419,97072.554.74$120,270
Jun 201037420,27870.364.91$125,888
May 201035721,84571.124.24$117,908
Apr 201036223,28381.694.12$125,560
Mar 201038325,25678.394.39$140,864
Feb 201070924,66273.585.44$186,388
Jan 201036330,50474.365.96$208,921
Dec 200973542,01571.445.48$282,908
Nov 200955134,19574.593.75$169,382
Oct 20091,82255,98472.544.11$362,276
Sep 20091,25762,03065.543.06$272,490
Aug 20091756,06467.423.22$31,315
Jul 200907,31761.133.46$25,350
Jun 200907,36866.163.90$28,698
May 200908,05054.743.93$31,602
Apr 200908,52146.773.59$30,569
Mar 200909,47442.144.06$38,455
Feb 200908,22532.814.63$38,106
Jan 200908,31135.865.37$44,638
Dec 200809,35737.105.98$55,928
Nov 2008010,13155.496.86$69,502
Oct 2008011,56675.246.92$80,060
Sep 2008011,534101.767.88$90,854
Aug 2008013,575114.228.48$115,157
Jul 2008015,628131.0811.39$177,994
Jun 200818517,240131.3313.03$248,979
May 2008020,932123.1711.57$242,273
Apr 200818025,953110.3110.45$291,191
Mar 2008037,551101.909.66$362,895
Feb 2008058,39492.538.77$512,149
Jan 2008011,03990.388.21$90,583

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            17 bbl  × $106.41 =     $1,809
Gas                3,564 Mcf  × $  3.05 =    $10,855

────────────────────────────────────────────────────
Month total                                  $12,664

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/235288 is the state's own key, not one this site invented.