STILES RANCH 23

Operated by 4P ENERGY TEXAS, LLC (P-5 953803) 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 235492District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jan 2008 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
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 Gas112008-06-30182621
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
CondensateDisposition4,151 bbl$392,232
GasProduction181,444 Mcf$1,281,931
Total$1,674,164

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 35.4851, -100.0423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48510, -100.04233 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
13,800 ft
1 wells filed one
Completion to plug
11.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 13,800 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Apr 2019
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48332426813,800 ftJan 2008Apr 2019Yes

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 (147)

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

147 months

Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20164041.622.92$166
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201514048.152.95$674
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201437054.693.59$2,024
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201460098.164.74$5,890
May 2014022194.734.73$1,045
Apr 2014038795.944.81$1,861
Mar 2014170895.895.06$3,676
Feb 2014174197.406.19$4,686
Jan 2014048690.404.86$2,362
Dec 20135845091.824.35$7,285
Nov 2013162588.853.74$2,425
Oct 2013069397.423.78$2,619
Sep 20130885104.113.72$3,290
Aug 2013184104.253.52$400
Jul 2013173154102.523.72$18,308
Jun 2013070594.403.93$2,773
May 201311,13494.834.15$4,800
Apr 2013173093.964.28$3,220
Mar 2013171493.623.91$2,887
Feb 2013162491.233.42$2,225
Jan 2013059191.603.42$2,021
Dec 201201,17186.773.42$4,005
Nov 2012078886.953.62$2,856
Oct 2012080589.383.40$2,737
Sep 2012076094.672.92$2,218
Aug 2012090192.662.91$2,620
Jul 201217495185.133.02$17,685
Jun 2012189279.822.52$2,327
May 201201,12991.612.49$2,809
Apr 201211,096101.652.00$2,290
Mar 20123790105.052.22$2,071
Feb 20120849101.102.57$2,182
Jan 20122011,52398.092.73$23,880
Dec 2011057396.873.24$1,856
Nov 20110095.723.31$0
Oct 2011092784.983.65$3,382
Sep 201101,18783.623.99$4,731
Aug 201111,20883.404.15$5,096
Jul 201101,14194.144.52$5,154
Jun 2011167892.904.64$3,239
May 201101,35898.134.40$5,982
Apr 201101,361105.964.33$5,898
Mar 2011093396.364.06$3,786
Feb 201101,35885.644.18$5,676
Jan 20111881,23386.504.59$21,920
Dec 201071,36985.734.35$6,552
Nov 201011,30780.843.80$5,041
Oct 201021,26978.103.51$4,609
Sep 201011,47772.633.98$5,950
Aug 201011,63973.684.42$7,317
Jul 20101871,82472.554.74$22,206
Jun 201031,71270.364.91$8,618
May 201011,73071.124.24$7,398
Apr 201021,68381.694.12$7,102
Mar 20101022,03078.394.39$16,905
Feb 201011,76873.585.44$9,696
Jan 20101912,07774.365.96$26,590
Dec 200972,08871.445.48$11,950
Nov 200961,91174.593.75$7,617
Oct 200952,04172.544.11$8,752
Sep 20091831,82465.543.06$17,584
Aug 200942,09767.423.22$7,019
Jul 200942,45761.133.46$8,757
Jun 200982,53666.163.90$10,407
May 200982,76054.743.93$11,273
Apr 20092082,99546.773.59$20,473
Mar 2009133,09842.144.06$13,123
Feb 2009152,99432.814.63$14,363
Jan 2009142,94035.865.37$16,293
Dec 2008194,09237.105.98$25,163
Nov 200843255.496.86$441
Oct 2008134,90275.246.92$34,910
Sep 20082036,799101.767.88$74,214
Aug 20081907,744114.228.48$87,394
Jul 20081888,320131.0811.39$119,403
Jun 20082067,987131.3313.03$131,146
May 20082068,532123.1711.57$124,125
Apr 200838810,513110.3110.45$152,712
Mar 200839716,212101.909.66$197,128
Feb 200828122,52792.538.77$223,576
Jan 200815861490.388.21$19,318

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.

Jul 2016 — as filed, then multipliedworked
Condensate             4 bbl  × $ 41.62 =       $166
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $166

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/235492 is the state's own key, not one this site invented.