STILES RANCH

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) 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 239451District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Apr 2008 – May 2021
Value, last 12 filed months
$39
at the published price for each month
Months reported
158
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 Gas112008-10-16185460
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
CondensateDisposition16,218 bbl$1,362,099
GasProduction493,875 Mcf$3,199,716
Total$4,561,816

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 35.4841, -100.0458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48415, -100.04580 · 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
14,200 ft
1 wells filed one
Completion to plug
2 months
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 14,200 ft.

Completions filed
Jun 2020
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 2 months across the 1 well that filed both dates, with the middle half between 2 months and 2 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48332519231314,200 ftJun 2020Aug 2020Yes

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 (158)

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

158 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20201038.772.71$39
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
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 20160041.622.92$0
Jun 20160145.352.69$3
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 201539042.992.76$1,677
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201504349.822.71$116
Mar 201502042.892.93$59
Feb 2015020144.662.98$598
Jan 20150343.433.10$9
Dec 20145610054.693.59$3,422
Nov 2014067870.464.25$2,883
Oct 2014075778.303.90$2,953
Sep 20147076986.164.05$9,142
Aug 2014080589.394.04$3,248
Jul 201401,80396.564.18$7,536
Jun 201417689998.164.74$21,535
May 201402,07594.734.73$9,808
Apr 201401,46295.944.81$7,031
Mar 201401,00895.895.06$5,097
Feb 201411,36497.406.19$8,543
Jan 201401,24390.404.86$6,042
Dec 2013981,76391.824.35$16,675
Nov 201311,55288.853.74$5,891
Oct 201301,78897.423.78$6,758
Sep 20131771,731104.113.72$24,863
Aug 201311,772104.253.52$6,346
Jul 201311,822102.523.72$6,876
Jun 201311,71094.403.93$6,821
May 201311,79594.834.15$7,542
Apr 201331,80793.964.28$8,021
Mar 201321,82293.623.91$7,316
Feb 201331,65591.233.42$5,934
Jan 2013098791.603.42$3,375
Dec 201201,60286.773.42$5,479
Nov 201201,79086.953.62$6,489
Oct 201201,88589.383.40$6,408
Sep 20121921,78294.672.92$23,377
Aug 201201,74092.662.91$5,060
Jul 201201,59585.133.02$4,818
Jun 201201,46379.822.52$3,685
May 201211,21591.612.49$3,115
Apr 201211,199101.652.00$2,496
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20121198.092.73$101
Dec 20110096.873.24$0
Nov 20111195.723.31$99
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110498.134.40$18
Apr 201119127105.964.33$20,355
Mar 2011089296.364.06$3,619
Feb 201112,31685.644.18$9,766
Jan 201112,23786.504.59$10,352
Dec 201003,05285.734.35$13,269
Nov 20101953,55080.843.80$29,237
Oct 201024,66378.103.51$16,518
Sep 20101905,13072.633.98$34,214
Aug 20101826,58673.684.42$42,516
Jul 20101977,49172.554.74$49,773
Jun 20101967,40170.364.91$50,132
May 20103898,43171.124.24$63,373
Apr 20103789,40181.694.12$69,636
Mar 201037410,87878.394.39$77,058
Feb 201039310,35573.585.44$85,273
Jan 201073712,23074.365.96$127,744
Dec 200942612,59971.445.48$99,523
Nov 200958813,06574.593.75$92,872
Oct 200960914,20072.544.11$102,542
Sep 200959714,04565.543.06$82,172
Aug 200959314,89967.423.22$87,932
Jul 20091,32722,21061.133.46$158,066
Jun 200955712,22366.163.90$84,460
May 20092189,35954.743.93$48,674
Apr 20094319,22446.773.59$53,249
Mar 200920311,81342.144.06$56,503
Feb 200939111,02732.814.63$63,917
Jan 200926114,98535.865.37$89,844
Dec 200859921,17237.105.98$148,771
Nov 200893,18055.496.86$22,315
Oct 20084059,23675.246.92$94,404
Sep 200823615,742101.767.88$148,017
Aug 200879927,268114.228.48$322,577
Jul 20081,16534,732131.0811.39$548,286
Jun 20081,35935,425131.3313.03$640,158
May 20081,08635,933123.1711.57$549,662
Apr 20081069,186110.3110.45$107,731

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.

Nov 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 38.77 =        $39
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                      $39

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/239451 is the state's own key, not one this site invented.