STILES 3

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 236253District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Mar 2008 – May 2026
Value, last 12 filed months
$120 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 Gas112008-08-28184553
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
CondensateDisposition20,551 bbl$1,578,887
GasProduction1,777,715 Mcf$8,602,679
Total$10,181,566

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 35.4572, -100.0563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45721, -100.05634 · 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
16,600 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 16,600 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-48332470150316,600 ftMay 2010

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 2026881,726106.413.05$14,621
Apr 2026121,89598.932.87$6,625
Mar 2026102,00989.753.15$7,225
Feb 202691,86963.503.75$7,581
Jan 2026122,00859.138.00$16,769
Dec 2025112,03256.664.41$9,591
Nov 2025131,95858.593.93$8,450
Oct 2025962,10759.383.30$12,664
Sep 2025122,11562.743.08$7,261
Aug 2025112,39663.933.01$7,927
Jul 20251012,17066.743.32$13,935
Jun 2025132,10766.483.13$7,456
May 2025872,14560.553.23$12,201
Apr 2025152,09262.363.54$8,348
Mar 202592,19067.704.27$9,957
Feb 2025101,86370.884.34$8,796
Jan 2025122,11474.324.28$9,937
Dec 2024112,22468.993.12$7,701
Nov 20241002,23769.052.20$11,823
Oct 2024142,25071.372.28$6,132
Sep 2024132,20169.612.36$6,109
Aug 20241112,30575.632.06$13,152
Jul 2024982,31479.932.15$12,800
Jun 202461,69978.082.63$4,944
May 2024112,07078.812.20$5,418
Apr 2024132,26084.451.66$4,848
Mar 2024132,40980.301.55$4,766
Feb 2024772,20476.091.78$9,790
Jan 2024102,17473.023.30$7,899
Dec 2023142,35671.262.61$7,149
Nov 2023192,39477.892.81$8,201
Oct 20231562,39485.443.09$20,720
Sep 2023112,44889.042.74$7,675
Aug 202392,58480.522.67$7,631
Jul 2023842,59774.852.64$13,148
Jun 2023112,46268.962.26$6,319
May 2023132,60070.622.23$6,709
Apr 2023102,44778.122.24$6,257
Mar 20231172,52772.852.39$14,571
Feb 2023122,34475.112.47$6,681
Jan 2023132,49476.533.39$9,444
Dec 2022142,55576.415.73$15,708
Nov 20221922,50685.005.65$30,469
Oct 2022133,50987.185.86$21,709
Sep 2022122,77684.888.16$23,681
Aug 2022112,83694.529.13$26,924
Jul 202252,891101.587.54$22,312
Jun 202282,724115.097.98$22,651
May 2022112,801109.378.43$24,824
Apr 20221912,772104.226.84$38,860
Mar 202282,688108.885.08$14,516
Feb 2022122,38191.054.86$12,662
Jan 202292,76181.844.54$13,265
Dec 2021142,82271.323.90$12,002
Nov 2021152,77177.435.24$15,673
Oct 20211962,88779.795.71$32,135
Sep 2021102,79469.865.35$15,649
Aug 2021112,94666.024.22$13,160
Jul 2021112,93070.783.98$12,446
Jun 2021113,02569.493.38$10,991
May 2021112,90163.483.02$9,453
Apr 20211982,83860.362.76$19,780
Mar 2021183,33961.302.72$10,175
Feb 2021102,43357.805.55$14,076
Jan 2021172,94650.412.81$9,136
Dec 2020142,91544.642.68$8,424
Nov 202092,96838.772.71$8,382
Oct 20201973,20636.972.48$15,229
Sep 202082,93537.091.99$6,140
Aug 202063,09939.982.39$7,631
Jul 202052,96738.371.83$5,607
Jun 202072,98234.901.69$5,285
May 202073,01516.921.81$5,590
Apr 20201933,21114.751.80$8,641
Mar 202073,39530.341.86$6,514
Feb 202063,10749.881.98$6,453
Jan 202073,41457.252.09$7,552
Dec 201993,42959.012.30$8,433
Nov 20191853,31155.302.75$19,338
Oct 201983,37353.472.42$8,586
Sep 201963,10055.052.66$8,568
Aug 20191883,35853.112.30$17,723
Jul 201953,55456.272.46$9,024
Jun 201943,46252.782.49$8,836
May 201933,66658.482.74$10,221
Apr 201933,73362.632.75$10,456
Mar 201943,88356.803.06$12,117
Feb 20191883,50850.852.79$19,355
Jan 201953,96846.033.23$13,040
Dec 201843,83046.594.19$16,217
Nov 201863,70752.934.24$16,025
Oct 20181944,02761.443.40$25,603
Sep 201844,06459.543.11$12,869
Aug 201833,98759.403.07$12,405
Jul 201824,04065.142.93$11,975
Jun 201833,92060.183.08$12,242
May 201844,12665.382.90$12,230
Apr 20181893,81363.842.90$23,127
Mar 201853,88461.222.79$11,130
Feb 201843,51661.782.77$9,973
Jan 201844,04462.874.01$16,465
Dec 20171903,96657.272.92$22,468
Nov 201743,93555.423.12$12,492
Oct 201764,08549.292.98$12,484
Sep 201733,88747.523.09$12,143
Aug 20171054,20645.373.00$17,400
Jul 201724,21643.873.09$13,104
Jun 20171874,13842.493.09$20,721
May 201754,42145.373.26$14,654
Apr 201774,18447.933.21$13,773
Mar 201764,24946.772.98$12,958
Feb 201774,00550.452.95$12,178
Jan 20171854,42149.413.42$24,255
Dec 201644,50048.763.72$16,948
Nov 201644,41442.492.64$11,842
Oct 20161884,61546.193.09$22,945
Sep 201644,51241.553.10$14,156
Aug 201624,77841.442.92$14,055
Jul 20161874,84341.622.92$21,946
Jun 201634,63745.352.69$12,590
May 201664,97242.521.99$10,155
Apr 201694,93436.561.99$10,153
Mar 20161964,84533.011.79$15,162
Feb 201654,93226.472.06$10,310
Jan 20162005,42427.352.36$18,294
Dec 201585,59732.362.00$11,461
Nov 20151985,22938.792.17$19,013
Oct 2015115,59743.552.43$14,061
Sep 201545,58442.992.76$15,575
Aug 201526,27040.162.87$18,091
Jul 20151895,90548.152.95$26,491
Jun 201536,15756.152.88$17,918
May 201566,57055.212.96$19,749
Apr 201536,47249.822.71$17,666
Mar 201506,37942.892.93$18,721
Feb 201505,41844.662.98$16,125
Jan 201506,10843.433.10$18,939
Dec 201406,63054.693.59$23,811
Nov 20141886,26770.464.25$39,893
Oct 201406,82378.303.90$26,616
Sep 201406,37186.164.05$25,774
Aug 201405,85489.394.04$23,622
Jul 201407,15296.564.18$29,893
Jun 201406,58398.164.74$31,183
May 201407,07494.734.73$33,436
Apr 201406,69695.944.81$32,202
Mar 201407,28995.895.06$36,859
Feb 201406,77397.406.19$41,938
Jan 20141927,51090.404.86$53,861
Dec 20132369,47491.824.35$62,924
Nov 201323,48888.853.74$13,217
Oct 201326,46797.423.78$24,636
Sep 201318,524104.113.72$31,794
Aug 20131878,556104.253.52$49,634
Jul 201319,023102.523.72$33,648
Jun 20131898,18694.403.93$50,040
May 201318210,31594.834.15$60,057
Apr 201319,70793.964.28$41,665
Mar 201338210,86093.623.91$78,257
Feb 201336910,12791.233.42$68,297
Jan 2013515,83891.603.42$54,623
Dec 20121888,89986.773.42$46,749
Nov 201219011,10986.953.62$56,790
Oct 201218511,60289.383.40$55,978
Sep 201219211,04794.672.92$50,416
Aug 201218411,33892.662.91$50,022
Jul 201218711,36285.133.02$50,242
Jun 201218511,49379.822.52$43,718
May 201219112,21891.612.49$47,900
Apr 201218812,115101.652.00$43,301
Mar 201218212,320105.052.22$46,495
Feb 201237412,216101.102.57$69,209
Jan 201218713,71098.092.73$55,827
Dec 201118714,17196.873.24$64,025
Nov 201118614,21995.723.31$64,887
Oct 201119015,34184.983.65$72,118
Sep 201118613,11883.623.99$67,839
Aug 201137416,15783.404.15$98,232
Jul 201137016,63794.144.52$109,985
Jun 201119316,72292.904.64$95,518
May 201118718,13098.134.40$98,210
Apr 201118118,949105.964.33$101,290
Mar 201137920,71796.364.06$120,576
Feb 201119617,71585.644.18$90,834
Jan 201155922,39386.504.59$151,110
Dec 201038624,35385.734.35$138,973
Nov 201038825,72880.843.80$129,012
Oct 201036830,17378.103.51$134,615
Sep 201073330,84672.633.98$175,989
Aug 201052925,56173.684.42$151,940
Jul 201091335,70672.554.74$235,359
Jun 20101,07253,20670.364.91$336,689
May 20101,42365,08871.124.24$376,866
Apr 20101,09336,63281.694.12$240,310
Mar 201006,95978.394.39$30,541
Feb 201006,54473.585.44$35,615
Jan 201007,68774.365.96$45,846
Dec 200908,11771.445.48$44,512
Nov 200907,27674.593.75$27,296
Oct 200908,21572.544.11$33,766
Sep 200908,53065.543.06$26,142
Aug 200909,16267.423.22$29,488
Jul 200909,45561.133.46$32,757
Jun 200909,32966.163.90$36,336
May 2009010,42054.743.93$40,906
Apr 2009010,78646.773.59$38,695
Mar 2009012,01242.144.06$48,757
Feb 2009011,61132.814.63$53,794
Jan 2009013,82235.865.37$74,238
Dec 2008015,44237.105.98$92,299
Nov 2008015,95555.496.86$109,457
Oct 2008018,37075.246.92$127,157
Sep 2008020,339101.767.88$160,212
Aug 2008024,716114.228.48$209,666
Jul 2008027,837131.0811.39$317,048
Jun 2008033,224131.3313.03$432,996
May 2008046,918123.1711.57$543,043
Apr 200817876,479110.3110.45$819,212
Mar 2008032,388101.909.66$313,000

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            88 bbl  × $106.41 =     $9,364
Gas                1,726 Mcf  × $  3.05 =     $5,257

────────────────────────────────────────────────────
Month total                                  $14,621

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/236253 is the state's own key, not one this site invented.