STILES 17

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 235322District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Feb 2008 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
220
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 Gas222008-07-15 – 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
CondensateDisposition11,992 bbl$887,757
GasProduction1,256,724 Mcf$6,240,022
Total$7,127,779

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 35.4718, -100.0698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47179, -100.06977 · 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
16,580 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 16,580 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-48332479801716,580 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 (220)

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

220 months

May 20264743106.413.05$2,689
Apr 2026585698.932.87$2,951
Mar 2026590089.753.15$3,283
Feb 2026366863.503.75$2,696
Jan 2026429059.138.00$2,556
Dec 202581,39156.664.41$6,592
Nov 202591,35558.593.93$5,848
Oct 2025101,32959.383.30$4,986
Sep 202571,24162.743.08$4,258
Aug 202571,46963.933.01$4,876
Jul 202581,43266.743.32$5,281
Jun 202591,35066.483.13$4,822
May 2025111,46760.553.23$5,408
Apr 2025101,32062.363.54$5,301
Mar 2025375267.704.27$3,413
Feb 2025256470.884.34$2,590
Jan 2025349274.324.28$2,328
Dec 20245276668.993.12$5,978
Nov 202491,34169.052.20$3,570
Oct 202491,40671.372.28$3,850
Sep 202471,38569.612.36$3,762
Aug 202451,34775.632.06$3,158
Jul 202471,31279.932.15$3,376
Jun 202441,28078.082.63$3,684
May 202471,35278.812.20$3,524
Apr 202481,51384.451.66$3,186
Mar 202491,74680.301.55$3,421
Feb 202491,36976.091.78$3,127
Jan 2024698973.023.30$3,700
Dec 2023111,86171.262.61$5,642
Nov 2023182,07277.892.81$7,219
Oct 2023172,45685.443.09$9,035
Sep 2023112,40589.042.74$7,557
Aug 2023582,48780.522.67$11,318
Jul 2023132,55074.852.64$7,710
Jun 2023112,53068.962.26$6,473
May 2023122,33970.622.23$6,057
Apr 202382,09778.122.24$5,318
Mar 202392,06572.852.39$5,598
Feb 202381,73375.112.47$4,874
Jan 2023101,89876.533.39$7,195
Dec 202281,67176.415.73$10,185
Nov 202241,11785.005.65$6,647
Oct 202241,07887.185.86$6,670
Sep 202251,13784.888.16$9,707
Aug 202241,14994.529.13$10,865
Jul 202221,159101.587.54$8,944
Jun 202241,201115.097.98$10,041
May 202251,236109.378.43$10,970
Apr 202231,239104.226.84$8,784
Mar 202241,292108.885.08$6,994
Feb 202261,17191.054.86$6,236
Jan 202241,27681.844.54$6,117
Dec 202171,34271.323.90$5,732
Nov 202171,38377.435.24$7,785
Oct 20211731,48079.795.71$22,260
Sep 202151,35569.865.35$7,600
Aug 202161,70766.024.22$7,601
Jul 202161,79870.783.98$7,584
Jun 202161,59869.493.38$5,819
May 202171,82063.483.02$5,937
Apr 2021122,05260.362.76$6,385
Mar 202192,32861.302.72$6,877
Feb 2021565657.805.55$3,928
Jan 2021101,78650.412.81$5,523
Dec 202051,20344.642.68$3,442
Nov 202061,95138.772.71$5,513
Oct 202061,95636.972.48$5,070
Sep 202051,90637.091.99$3,980
Aug 202042,06539.982.39$5,085
Jul 202031,98338.371.83$3,734
Jun 2020265734.901.69$1,180
May 20209788916.921.81$3,255
Apr 202041,65914.751.80$3,052
Mar 202031,89730.341.86$3,612
Feb 202031,14749.881.98$2,421
Jan 202052,20057.252.09$4,895
Dec 201962,40459.012.30$5,894
Nov 201952,29655.302.75$6,592
Oct 201972,63053.472.42$6,735
Sep 20191703,14355.052.66$17,710
Aug 201953,06753.112.30$7,333
Jul 201953,14456.272.46$8,016
Jun 201943,29652.782.49$8,422
May 201933,39858.482.74$9,487
Apr 201933,32462.632.75$9,331
Mar 201933,24956.803.06$10,119
Feb 201932,00850.852.79$5,759
Jan 201932,90346.033.23$9,510
Dec 201832,90346.594.19$12,290
Nov 20181922,98152.934.24$22,794
Oct 201833,04661.443.40$10,535
Sep 201832,98359.543.11$9,450
Aug 201833,37059.403.07$10,513
Jul 201833,45065.142.93$10,310
Jun 201843,40260.183.08$10,708
May 201843,54465.382.90$10,542
Apr 201843,36963.842.90$10,028
Mar 201853,51561.222.79$10,102
Feb 201843,15261.782.77$8,966
Jan 201843,35862.874.01$13,715
Dec 201743,46757.272.92$10,358
Nov 20171913,45655.423.12$21,362
Oct 201763,55749.292.98$10,909
Sep 201733,78947.523.09$11,840
Aug 201744,41145.373.00$13,434
Jul 201734,47243.873.09$13,938
Jun 201744,36442.493.09$13,643
May 201754,19245.373.26$13,907
Apr 201763,99247.933.21$13,108
Mar 20171903,89746.772.98$20,514
Feb 201763,60350.452.95$10,941
Jan 201733,02249.413.42$10,480
Dec 201633,56148.763.72$13,403
Nov 201643,64242.492.64$9,801
Oct 201664,26046.193.09$13,442
Sep 201644,24341.553.10$13,322
Aug 20161915,40841.442.92$23,730
Jul 201627,67241.622.92$22,519
Jun 201635,10945.352.69$13,858
May 201654,19942.521.99$8,573
Apr 201663,46936.561.99$7,126
Mar 20161911,86533.011.79$9,651
Feb 201622,61126.472.06$5,441
Jan 2016142027.352.36$1,020
Dec 201563,60932.362.00$7,417
Nov 20151973,90838.792.17$16,112
Oct 2015105,84743.552.43$14,624
Sep 201546,54042.992.76$18,212
Aug 20151866,62640.162.87$26,503
Jul 201516,76748.152.95$19,978
Jun 201536,52156.152.88$18,968
May 20151855,41955.212.96$26,229
Apr 201524,70749.822.71$12,839
Mar 201505,01842.892.93$14,726
Feb 201504,53244.662.98$13,488
Jan 20151905,32243.433.10$24,753
Dec 201404,90554.693.59$17,616
Nov 201403,74470.464.25$15,919
Oct 201403,08878.303.90$12,046
Sep 20141943,27086.164.05$29,944
Aug 201403,20589.394.04$12,933
Jul 201403,46996.564.18$14,499
Jun 201404,09398.164.74$19,388
May 201403,95294.734.73$18,679
Apr 201403,82695.944.81$18,400
Mar 20141824,89495.895.06$42,200
Feb 201404,83397.406.19$29,926
Jan 201404,40590.404.86$21,411
Dec 20132804,95691.824.35$47,290
Nov 201344,96488.853.74$18,912
Oct 201302,97197.423.78$11,228
Sep 201301,502104.113.72$5,584
Aug 201303,088104.253.52$10,878
Jul 201303,694102.523.72$13,733
Jun 201314,30794.403.93$17,036
May 20131815,48194.834.15$39,905
Apr 201305,56393.964.28$23,824
Mar 201316,79493.623.91$26,678
Feb 201316,12991.233.42$21,052
Jan 20131894,42091.603.42$32,428
Dec 201217,01686.773.42$24,083
Nov 20121876,51686.953.62$39,880
Oct 201204,24989.383.40$14,445
Sep 201204,53594.672.92$13,235
Aug 201206,31992.662.91$18,377
Jul 20121926,89485.133.02$37,170
Jun 201206,00479.822.52$15,124
May 201206,75991.612.49$16,819
Apr 20121876,921101.652.00$32,828
Mar 20121816,463105.052.22$33,375
Feb 201206,779101.102.57$17,424
Jan 201217,94198.092.73$21,809
Dec 20111888,70996.873.24$46,426
Nov 201117,94695.723.31$26,407
Oct 20111937,90584.983.65$45,243
Sep 201117,52283.623.99$30,065
Aug 201118410,13683.404.15$57,403
Jul 201109,01094.144.52$40,700
Jun 20111808,30892.904.64$55,270
May 20111939,22098.134.40$59,552
Apr 201109,127105.964.33$39,550
Mar 2011010,26596.364.06$41,649
Feb 20111849,60485.644.18$55,902
Jan 201118210,26686.504.59$62,851
Dec 201017011,24985.734.35$63,482
Nov 2010010,56980.843.80$40,113
Oct 201017912,42478.103.51$57,574
Sep 2010012,28772.633.98$48,896
Aug 201035111,88673.684.42$78,390
Jul 201017911,72072.554.74$68,498
Jun 201017913,09870.364.91$76,911
May 201017912,99271.124.24$67,754
Apr 201017314,56581.694.12$74,179
Mar 201036016,58378.394.39$100,998
Feb 201036216,26073.585.44$115,129
Jan 201018520,14674.365.96$133,909
Dec 200918424,63871.445.48$148,254
Nov 200936723,52474.593.75$115,625
Oct 200974424,71872.544.11$155,567
Sep 20091,43649,07165.543.06$244,506
Aug 20091805,50167.423.22$29,841
Jul 200909,12261.133.46$31,603
Jun 20091888,97066.163.90$47,376
May 200909,36454.743.93$36,761
Apr 200909,60246.773.59$34,447
Mar 2009010,58942.144.06$42,981
Feb 2009010,20332.814.63$47,271
Jan 2009012,14835.865.37$65,247
Dec 2008013,29137.105.98$79,442
Nov 2008014,27255.496.86$97,911
Oct 2008018,07675.246.92$125,122
Sep 2008014,038101.767.88$110,579
Aug 200817717,901114.228.48$172,071
Jul 2008021,086131.0811.39$240,158
Jun 2008023,772131.3313.03$309,812
May 200818030,457123.1711.57$374,689
Apr 2008038,189110.3110.45$399,261
Mar 200818066,285101.909.66$658,925
Feb 200807,26792.538.77$63,736

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             4 bbl  × $106.41 =       $426
Gas                  743 Mcf  × $  3.05 =     $2,263

────────────────────────────────────────────────────
Month total                                   $2,689

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/235322 is the state's own key, not one this site invented.