BUCKINGHAM

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 236920District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Apr 2008 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
218
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 Gas222008-08-14 – 2008-12-092 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
CondensateDisposition3,226 bbl$250,813
GasProduction1,137,528 Mcf$6,600,980
Total$6,851,793

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 35.4209, -100.0786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42086, -100.07860 · 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
16,575 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 16,575 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4833253710516,575 ftApr 2008

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 (218)

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

218 months

May 20260356106.413.05$1,084
Apr 2026036198.932.87$1,036
Mar 2026034689.753.15$1,090
Feb 2026033763.503.75$1,264
Jan 2026032159.138.00$2,567
Dec 2025037056.664.41$1,633
Nov 2025035858.593.93$1,406
Oct 2025039059.383.30$1,289
Sep 2025037062.743.08$1,138
Aug 2025040663.933.01$1,224
Jul 2025039466.743.32$1,306
Jun 2025039966.483.13$1,248
May 2025042160.553.23$1,361
Apr 2025040862.363.54$1,446
Mar 2025042767.704.27$1,823
Feb 2025037570.884.34$1,628
Jan 2025039274.324.28$1,677
Dec 2024045368.993.12$1,414
Nov 2024042269.052.20$928
Oct 2024044571.372.28$1,015
Sep 2024044469.612.36$1,050
Aug 2024046575.632.06$960
Jul 2024047679.932.15$1,022
Jun 2024046378.082.63$1,220
May 2024049178.812.20$1,079
Apr 2024036684.451.66$607
Mar 2024043080.301.55$664
Feb 2024039476.091.78$703
Jan 2024038973.023.30$1,283
Dec 2023046871.262.61$1,222
Nov 2023046677.892.81$1,308
Oct 2023049385.443.09$1,522
Sep 2023042889.042.74$1,171
Aug 2023056780.522.67$1,516
Jul 2023048774.852.64$1,287
Jun 2023043768.962.26$987
May 2023050370.622.23$1,120
Apr 2023050278.122.24$1,123
Mar 2023053672.852.39$1,283
Feb 2023049275.112.47$1,213
Jan 2023053576.533.39$1,812
Dec 2022063976.415.73$3,661
Nov 202201,51885.005.65$8,571
Oct 2022060087.185.86$3,518
Sep 2022059184.888.16$4,825
Aug 2022064294.529.13$5,860
Jul 20220669101.587.54$5,046
Jun 202260659115.097.98$12,162
May 20220664109.378.43$5,600
Apr 20220690104.226.84$4,718
Mar 20220693108.885.08$3,518
Feb 2022069091.054.86$3,353
Jan 2022093781.844.54$4,252
Dec 2021066171.323.90$2,577
Nov 2021080677.435.24$4,221
Oct 2021081679.795.71$4,663
Sep 202101,58569.865.35$8,481
Aug 2021071866.024.22$3,030
Jul 202102,09970.783.98$8,358
Jun 2021087969.493.38$2,972
May 2021073663.483.02$2,221
Apr 202101,36060.362.76$3,751
Mar 202101,71961.302.72$4,670
Feb 2021060957.805.55$3,379
Jan 202101,01550.412.81$2,852
Dec 202002,01344.642.68$5,386
Nov 2020048638.772.71$1,315
Oct 2020049636.972.48$1,229
Sep 202001,12637.091.99$2,242
Aug 2020091639.982.39$2,185
Jul 2020093438.371.83$1,705
Jun 2020094234.901.69$1,592
May 2020095816.921.81$1,739
Apr 2020093714.751.80$1,691
Mar 2020099630.341.86$1,849
Feb 2020095049.881.98$1,882
Jan 202001,30457.252.09$2,732
Dec 201901,20959.012.30$2,786
Nov 201901,70855.302.75$4,698
Oct 2019099953.472.42$2,416
Sep 2019098055.052.66$2,604
Aug 201901,16153.112.30$2,675
Jul 201901,49656.272.46$3,680
Jun 2019622,54552.782.49$9,612
May 201903,36158.482.74$9,210
Apr 201901,09262.632.75$3,004
Mar 201901,18456.803.06$3,626
Feb 201901,10650.852.79$3,088
Jan 201901,23446.033.23$3,984
Dec 201801,24746.594.19$5,219
Nov 2018079952.934.24$3,386
Oct 201801,10561.443.40$3,755
Sep 201801,29359.543.11$4,019
Aug 201801,28059.403.07$3,925
Jul 201801,23665.142.93$3,624
Jun 201801,49260.183.08$4,591
May 201802,12465.382.90$6,161
Apr 20181211,46763.842.90$11,980
Mar 201801,91661.222.79$5,340
Feb 201801,32761.782.77$3,671
Jan 201802,10262.874.01$8,428
Dec 201701,45457.272.92$4,248
Nov 201701,66555.423.12$5,192
Oct 201701,75549.292.98$5,236
Sep 201702,46947.523.09$7,622
Aug 201702,13545.373.00$6,414
Jul 201702,16043.873.09$6,669
Jun 201711,33442.493.09$4,161
May 201702,39745.373.26$7,822
Apr 201701,31247.933.21$4,214
Mar 201701,57346.772.98$4,693
Feb 201701,86850.452.95$5,515
Jan 201702,05649.413.42$7,029
Dec 201602,73648.763.72$10,186
Nov 201602,18642.492.64$5,781
Oct 201602,05046.193.09$6,335
Sep 201603,00541.553.10$9,317
Aug 201603,11441.442.92$9,106
Jul 201602,29541.622.92$6,711
Jun 201601,80545.352.69$4,848
May 201602,09142.521.99$4,163
Apr 201602,00936.561.99$4,000
Mar 201604,63033.011.79$8,306
Feb 201603,66826.472.06$7,569
Jan 201602,33727.352.36$5,526
Dec 201502,70132.362.00$5,406
Nov 201503,47338.792.17$7,527
Oct 201503,26143.552.43$7,913
Sep 201503,65242.992.76$10,074
Aug 201502,57440.162.87$7,394
Jul 201504,64348.152.95$13,674
Jun 201504,80256.152.88$13,843
May 201504,31755.212.96$12,759
Apr 201504,76249.822.71$12,889
Mar 201502,50542.892.93$7,351
Feb 201502,22544.662.98$6,622
Jan 201502,80043.433.10$8,682
Dec 201402,39954.693.59$8,616
Nov 20141365,19870.464.25$31,684
Oct 201402,49378.303.90$9,725
Sep 201402,34386.164.05$9,478
Aug 201403,04289.394.04$12,275
Jul 201403,44596.564.18$14,399
Jun 201404,34698.164.74$20,586
May 201405,27294.734.73$24,918
Apr 201404,98195.944.81$23,954
Mar 201404,92795.895.06$24,915
Feb 2014086897.406.19$5,375
Jan 201402,48090.404.86$12,055
Dec 20131143,48491.824.35$25,638
Nov 201304,38388.853.74$16,385
Oct 201302,61397.423.78$9,875
Sep 201303,139104.113.72$11,670
Aug 201303,759104.253.52$13,241
Jul 201303,065102.523.72$11,395
Jun 201303,38094.403.93$13,295
May 201315,86694.834.15$24,433
Apr 201315,50993.964.28$23,687
Mar 201326,26993.623.91$24,717
Feb 201324,48091.233.42$15,504
Jan 201346,43591.603.42$22,374
Dec 201246,45086.773.42$22,407
Nov 20121854,82786.953.62$33,583
Oct 201203,26689.383.40$11,103
Sep 201203,07794.672.92$8,980
Aug 201215,78892.662.91$16,925
Jul 201228,35585.133.02$25,409
Jun 201215,29679.822.52$13,421
May 201203,41891.612.49$8,505
Apr 201203,269101.652.00$6,528
Mar 201203,794105.052.22$8,431
Feb 201203,185101.102.57$8,186
Jan 201203,23798.092.73$8,850
Dec 201103,58596.873.24$11,614
Nov 201103,86995.723.31$12,811
Oct 201114,66684.983.65$17,109
Sep 20111915,64883.623.99$38,483
Aug 201116,42183.404.15$26,726
Jul 201127,70994.144.52$35,012
Jun 201103,86492.904.64$17,929
May 201105,83398.134.40$25,693
Apr 201129,984105.964.33$43,475
Mar 201106,69996.364.06$27,180
Feb 201103,79385.644.18$15,855
Jan 201108,59586.504.59$39,441
Dec 201009,82685.734.35$42,721
Nov 20107210,65680.843.80$46,264
Oct 2010214,15778.103.51$49,832
Sep 201029,67572.633.98$38,647
Aug 201019710,20273.684.42$59,601
Jul 2010210,73372.554.74$50,982
Jun 2010311,58670.364.91$57,103
May 2010012,81871.124.24$54,287
Apr 201018814,64581.694.12$75,735
Mar 2010017,12678.394.39$75,160
Feb 201006,99673.585.44$38,075
Jan 2010010,35574.365.96$61,758
Dec 200919711,29371.445.48$76,002
Nov 2009012,65374.593.75$47,468
Oct 2009014,34572.544.11$58,962
Sep 2009013,20965.543.06$40,482
Aug 200918115,60767.423.22$62,434
Jul 2009016,21961.133.46$56,191
Jun 200918417,75966.163.90$81,345
May 2009020,72754.743.93$81,369
Apr 200919121,88946.773.59$87,460
Mar 2009025,01442.144.06$101,532
Feb 200918525,58232.814.63$124,591
Jan 2009033,47335.865.37$179,783
Dec 200818429,61337.105.98$183,827
Nov 2008013,94155.496.86$95,640
Oct 200818027,21075.246.92$201,890
Sep 200819030,121101.767.88$256,600
Aug 2008035,847114.228.48$304,091
Jul 200818932,832131.0811.39$398,712
Jun 200818544,528131.3313.03$604,613
May 2008061,375123.1711.57$710,372
Apr 2008093,794110.3110.45$980,603

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             0 bbl  × $106.41 =         $0
Gas                  356 Mcf  × $  3.05 =     $1,084

────────────────────────────────────────────────────
Month total                                   $1,084

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/236920 is the state's own key, not one this site invented.