STILES 24

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 236252District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Mar 2008 – May 2026
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
219
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 Gas112008-08-28184552
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
CondensateDisposition14,691 bbl$1,097,959
GasProduction1,760,645 Mcf$7,883,235
Total$8,981,194

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 35.4868, -100.0748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48679, -100.07481 · 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
16,555 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 16,555 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-48332481402416,555 ftApr 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 (219)

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

219 months

May 2026112,175106.413.05$7,795
Apr 2026152,55998.932.87$8,828
Mar 2026822,73189.753.15$15,961
Feb 2026122,47563.503.75$10,044
Jan 2026162,44559.138.00$20,501
Dec 20251332,73256.664.41$19,593
Nov 2025172,56158.593.93$11,052
Oct 2025222,78859.383.30$10,520
Sep 2025162,87562.743.08$9,850
Aug 2025153,23563.933.01$10,712
Jul 2025173,10166.743.32$11,415
Jun 2025922,75966.483.13$14,748
May 2025243,10560.553.23$11,490
Apr 20251322,91962.363.54$18,574
Mar 2025143,00267.704.27$13,761
Feb 2025142,70770.884.34$12,743
Jan 2025163,12374.324.28$14,551
Dec 2024153,16468.993.12$10,911
Nov 2024233,26069.052.20$8,755
Oct 2024223,28671.372.28$9,067
Sep 20241443,21169.612.36$17,616
Aug 2024143,36475.632.06$8,001
Jul 2024173,36079.932.15$8,571
Jun 202492,52978.082.63$7,364
May 2024623,05978.812.20$11,611
Apr 2024183,27084.451.66$6,946
Mar 2024193,48280.301.55$6,906
Feb 20241163,20776.091.78$14,547
Jan 2024132,78373.023.30$10,127
Dec 2023213,42371.262.61$10,433
Nov 2023273,42277.892.81$11,711
Oct 20231103,56985.443.09$20,417
Sep 2023163,55089.042.74$11,134
Aug 2023873,66380.522.67$16,796
Jul 2023193,76374.852.64$11,363
Jun 2023163,67968.962.26$9,412
May 2023203,75770.622.23$9,781
Apr 20231963,61978.122.24$23,410
Mar 2023163,70872.852.39$10,039
Feb 2023163,40075.112.47$9,585
Jan 2023203,64076.533.39$13,862
Dec 2022893,92376.415.73$29,276
Nov 2022163,70085.005.65$22,251
Oct 20222035,18887.185.86$48,119
Sep 2022184,14584.888.16$35,366
Aug 2022164,23194.529.13$40,129
Jul 202284,207101.587.54$32,542
Jun 2022124,095115.097.98$34,048
May 20221274,162109.378.43$48,988
Apr 2022104,132104.226.84$29,295
Mar 2022134,041108.885.08$21,929
Feb 2022203,84391.054.86$20,494
Jan 2022134,23081.844.54$20,258
Dec 20212094,33671.323.90$31,812
Nov 2021224,08477.435.24$23,091
Oct 2021204,43879.795.71$26,954
Sep 2021154,14469.865.35$23,222
Aug 2021164,42066.024.22$19,711
Jul 20212034,46570.783.98$32,148
Jun 2021164,33869.493.38$15,777
May 2021164,36663.483.02$14,191
Apr 2021254,25660.362.76$13,249
Mar 2021294,83461.302.72$14,911
Feb 2021164,64257.805.55$26,678
Jan 2021264,41150.412.81$13,707
Dec 20202044,35044.642.68$20,745
Nov 2020134,47738.772.71$12,621
Oct 2020144,70136.972.48$12,169
Sep 2020894,56237.091.99$12,384
Aug 202094,72439.982.39$11,627
Jul 202084,74438.371.83$8,965
Jun 2020104,63934.901.69$8,190
May 20201134,75816.921.81$10,547
Apr 2020124,69914.751.80$8,656
Mar 20201924,99530.341.86$15,097
Feb 202084,13449.881.98$8,587
Jan 2020104,88657.252.09$10,807
Dec 2019134,92559.012.30$12,116
Nov 2019114,92355.302.75$14,150
Oct 20191964,97153.472.42$22,503
Sep 2019104,89655.052.66$13,561
Aug 201985,08653.112.30$12,145
Jul 201985,07356.272.46$12,930
Jun 20191924,98752.782.49$22,557
May 201945,20458.482.74$14,495
Apr 201945,18562.632.75$14,513
Mar 201965,46356.803.06$17,069
Feb 201964,77650.852.79$13,641
Jan 20191945,10646.033.23$25,413
Dec 201865,40446.594.19$22,898
Nov 201885,16952.934.24$22,326
Oct 201865,47961.443.40$18,987
Sep 20181915,33359.543.11$27,947
Aug 201845,63759.403.07$17,524
Jul 201835,67965.142.93$16,846
Jun 201845,47260.183.08$17,078
May 201865,75265.382.90$17,078
Apr 20181925,70663.842.90$28,809
Mar 201875,49561.222.79$15,742
Feb 201865,57261.782.77$15,784
Jan 201865,23062.874.01$21,346
Dec 201775,67157.272.92$16,969
Nov 201755,56255.423.12$17,621
Oct 20172015,97349.292.98$27,729
Sep 201755,93547.523.09$18,561
Aug 201765,78445.373.00$17,650
Jul 201746,28643.873.09$19,582
Jun 201765,79642.493.09$18,149
May 20171956,15345.373.26$28,927
Apr 2017106,05147.933.21$19,913
Mar 201796,23846.772.98$19,033
Feb 201795,29050.452.95$16,073
Jan 20172015,99949.413.42$30,441
Dec 201666,42048.763.72$24,193
Nov 201666,31942.492.64$16,965
Oct 201696,73946.193.09$21,241
Sep 201666,35241.553.10$19,945
Aug 20161896,74641.442.92$27,560
Jul 201626,81741.622.92$20,018
Jun 201646,74745.352.69$18,303
May 201687,02942.521.99$14,335
Apr 20161986,87436.561.99$20,925
Mar 2016137,14133.011.79$13,240
Feb 201676,65226.472.06$13,913
Jan 20161956,82527.352.36$21,470
Dec 2015106,94232.362.00$14,217
Nov 2015126,93738.792.17$15,500
Oct 20152037,32243.552.43$26,608
Sep 201557,12042.992.76$19,855
Aug 201537,52940.162.87$21,747
Jul 20151877,37148.152.95$30,712
Jun 201547,63456.152.88$22,232
May 201588,14155.212.96$24,502
Apr 20151937,64049.822.71$30,293
Mar 201507,58842.892.93$22,269
Feb 20151927,34244.662.98$30,426
Jan 201507,02043.433.10$21,766
Dec 201408,02554.693.59$28,821
Nov 20142007,83670.464.25$47,409
Oct 201408,47878.303.90$33,072
Sep 201408,06086.164.05$32,606
Aug 20142168,55089.394.04$53,809
Jul 201409,19396.564.18$38,423
Jun 20141757,71098.164.74$53,699
May 201408,92894.734.73$42,199
Apr 20141938,40095.944.81$58,913
Mar 201408,75795.895.06$44,282
Feb 201408,30697.406.19$51,431
Jan 20141949,21090.404.86$62,305
Dec 201308,68191.824.35$37,801
Nov 20131949,16488.853.74$51,495
Oct 20131889,86397.423.78$55,591
Sep 201319,767104.113.72$36,415
Aug 2013210,023104.253.52$35,516
Jul 201318310,334102.523.72$57,180
Jun 2013210,17194.403.93$40,196
May 2013110,68594.834.15$44,428
Apr 201319610,75293.964.28$64,463
Mar 201319411,40893.623.91$62,800
Feb 20131939,87491.233.42$51,376
Jan 2013211,27191.603.42$38,729
Dec 201218311,93286.773.42$56,688
Nov 2012010,24686.953.62$37,141
Oct 2012012,80589.383.40$43,533
Sep 201237312,36494.672.92$71,395
Aug 2012113,23692.662.91$38,585
Jul 201219113,68285.133.02$57,590
Jun 201218113,49079.822.52$48,429
May 201218814,45791.612.49$53,196
Apr 201219213,965101.652.00$47,402
Mar 201217716,614105.052.22$55,511
Feb 20121899,903101.102.57$44,561
Jan 201217816,76998.092.73$63,308
Dec 201119117,61896.873.24$75,580
Nov 2011117,96895.723.31$59,593
Oct 201139219,65884.983.65$105,035
Sep 201137620,92683.623.99$114,848
Aug 201157124,15883.404.15$147,861
Jul 201138627,88494.144.52$162,297
Jun 201156233,63592.904.64$208,272
May 201175458,48598.134.40$331,606
Apr 20111612,341105.964.33$55,172
Mar 201106,36696.364.06$25,829
Feb 201105,98985.644.18$25,034
Jan 201106,92286.504.59$31,764
Dec 201007,34385.734.35$31,926
Nov 201007,20680.843.80$27,349
Oct 201007,66278.103.51$26,885
Sep 201007,49572.633.98$29,826
Aug 201008,02173.684.42$35,448
Jul 201008,14372.554.74$38,569
Jun 201018,23770.364.91$40,517
May 201008,54871.124.24$36,203
Apr 20101758,49181.694.12$49,302
Mar 201008,33578.394.39$36,580
Feb 201007,75573.585.44$42,206
Jan 201009,17774.365.96$54,732
Dec 200909,53271.445.48$52,271
Nov 200909,08674.593.75$34,086
Oct 200909,79772.544.11$40,268
Sep 200909,68565.543.06$29,682
Aug 200918910,57267.423.22$46,768
Jul 2009010,77361.133.46$37,323
Jun 2009010,91466.163.90$42,510
May 2009011,71854.743.93$46,002
Apr 2009011,78746.773.59$42,286
Mar 200917712,69842.144.06$59,000
Feb 2009012,01632.814.63$55,670
Jan 200918014,00035.865.37$81,649
Dec 2008014,70037.105.98$87,864
Nov 2008015,25655.496.86$104,662
Oct 2008016,98875.246.92$117,591
Sep 2008018,010101.767.88$141,866
Aug 2008019,753114.228.48$167,565
Jul 2008022,916131.0811.39$261,000
Jun 2008026,614131.3313.03$346,850
May 2008036,459123.1711.57$421,987
Apr 2008061,124110.3110.45$639,043
Mar 2008011,707101.909.66$113,137

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            11 bbl  × $106.41 =     $1,171
Gas                2,175 Mcf  × $  3.05 =     $6,625

────────────────────────────────────────────────────
Month total                                   $7,795

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/236252 is the state's own key, not one this site invented.