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 242474District 10Field 86125250NGPA filingCondensateGasSaveExport
Value, all time
$6.1 M
Aug 2008 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
214
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
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
CondensateDisposition9,703 bbl$730,163
GasProduction1,326,303 Mcf$5,346,230
Total$6,076,393

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 35.4827, -100.0602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48270, -100.06016 · 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
16,398 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 16,398 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-48332596502416,398 ftSep 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 (214)

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

214 months

May 202681,508106.413.05$5,444
Apr 2026111,74698.932.87$6,099
Mar 2026101,87889.753.15$6,812
Feb 202681,68663.503.75$6,831
Jan 2026111,62359.138.00$13,631
Dec 2025111,79956.664.41$8,563
Nov 2025111,82558.593.93$7,810
Oct 2025151,95159.383.30$7,338
Sep 2025112,00162.743.08$6,847
Aug 20251532,27763.933.01$16,646
Jul 2025101,96366.743.32$7,175
Jun 2025121,91366.483.13$6,783
May 2025151,96060.553.23$7,244
Apr 2025141,75962.363.54$7,105
Mar 202591,92467.704.27$8,822
Feb 202591,65670.884.34$7,826
Jan 2025101,87574.324.28$8,766
Dec 202491,73868.993.12$6,046
Nov 2024141,95669.052.20$5,267
Oct 2024131,93571.372.28$5,342
Sep 2024111,92069.612.36$5,305
Aug 202482,02875.632.06$4,790
Jul 2024101,96679.932.15$5,020
Jun 202451,48178.082.63$4,291
May 2024101,79778.812.20$4,739
Apr 2024111,96184.451.66$4,183
Mar 2024122,11180.301.55$4,225
Feb 2024121,99776.091.78$4,475
Jan 202481,72873.023.30$6,283
Dec 2023132,06571.262.61$6,318
Nov 2023172,09977.892.81$7,217
Oct 2023162,26485.443.09$8,357
Sep 2023102,18489.042.74$6,864
Aug 202382,25280.522.67$6,663
Jul 20231962,32774.852.64$20,818
Jun 2023102,25368.962.26$5,778
May 2023122,31670.622.23$6,006
Apr 202392,22278.122.24$5,675
Mar 2023102,26372.852.39$6,144
Feb 2023112,16675.112.47$6,167
Jan 2023122,45176.533.39$9,222
Dec 2022132,35976.415.73$14,508
Nov 2022102,28285.005.65$13,735
Oct 2022123,27787.185.86$20,262
Sep 2022112,45284.888.16$20,951
Aug 2022102,54194.529.13$24,137
Jul 202252,573101.587.54$19,914
Jun 202272,504115.097.98$20,781
May 2022742,561109.378.43$29,690
Apr 202262,502104.226.84$17,733
Mar 202282,476108.885.08$13,440
Feb 2022122,17691.054.86$11,665
Jan 202292,63081.844.54$12,671
Dec 2021132,73371.323.90$11,583
Nov 2021142,70577.435.24$15,250
Oct 2021122,68079.795.71$16,271
Sep 2021102,69969.865.35$15,141
Aug 2021102,78766.024.22$12,423
Jul 2021102,80070.783.98$11,858
Jun 20211912,72169.493.38$22,471
May 2021102,77563.483.02$9,009
Apr 2021162,71960.362.76$8,466
Mar 2021172,99061.302.72$9,166
Feb 202192,54757.805.55$14,651
Jan 2021172,84450.412.81$8,849
Dec 2020142,77344.642.68$8,044
Nov 202082,84738.772.71$8,016
Oct 202093,01236.972.48$7,798
Sep 2020632,93937.091.99$8,188
Aug 202062,97139.982.39$7,326
Jul 202053,08038.371.83$5,813
Jun 202072,92034.901.69$5,180
May 20201963,03616.921.81$8,826
Apr 202072,91614.751.80$5,365
Mar 202063,04430.341.86$5,832
Feb 202052,87449.881.98$5,942
Jan 202073,20657.252.09$7,116
Dec 201993,27159.012.30$8,069
Nov 201983,24955.302.75$9,379
Oct 201983,37153.472.42$8,581
Sep 201963,30355.052.66$9,107
Aug 201953,35853.112.30$8,004
Jul 201953,39856.272.46$8,641
Jun 201943,21552.782.49$8,220
May 201933,28658.482.74$9,180
Apr 20191883,19062.632.75$20,549
Mar 201943,63456.803.06$11,355
Feb 201943,17650.852.79$9,071
Jan 201943,64446.033.23$11,948
Dec 201843,63146.594.19$15,384
Nov 201852,98352.934.24$12,904
Oct 201843,44561.443.40$11,952
Sep 201833,20959.543.11$10,152
Aug 201823,38359.403.07$10,493
Jul 20181853,35665.142.93$21,890
Jun 201833,37060.183.08$10,550
May 201843,53065.382.90$10,501
Apr 201853,63663.842.90$10,867
Mar 201853,73061.222.79$10,701
Feb 201843,77061.782.77$10,675
Jan 201854,40962.874.01$17,991
Dec 201754,46757.272.92$13,337
Nov 201744,08355.423.12$12,954
Oct 20171934,31849.292.98$22,397
Sep 201734,08047.523.09$12,739
Aug 201744,29545.373.00$13,085
Jul 201734,31843.873.09$13,462
Jun 201744,26142.493.09$13,325
May 201754,41745.373.26$14,641
Apr 201774,29447.933.21$14,126
Mar 20172004,27346.772.98$22,103
Feb 201773,96350.452.95$12,054
Jan 201754,49549.413.42$15,615
Dec 201644,32448.763.72$16,293
Nov 201644,22642.492.64$11,345
Oct 201664,46546.193.09$14,075
Sep 201634,01241.553.10$12,564
Aug 201624,18241.442.92$12,312
Jul 20161814,14741.622.92$19,660
Jun 201623,80945.352.69$10,321
May 201643,91742.521.99$7,969
Apr 201673,88236.561.99$7,985
Mar 201684,09433.011.79$7,609
Feb 201644,01226.472.06$8,385
Jan 201653,82727.352.36$9,185
Dec 20151993,48932.362.00$13,423
Nov 2015105,40838.792.17$12,109
Oct 2015125,81343.552.43$14,628
Sep 201545,89242.992.76$16,425
Aug 201526,08740.162.87$17,565
Jul 20151895,70348.152.95$25,896
Jun 201535,35956.152.88$15,618
May 201555,50755.212.96$16,552
Apr 201535,28349.822.71$14,448
Mar 201505,44942.892.93$15,991
Feb 201504,73044.662.98$14,077
Jan 20151955,29743.433.10$24,893
Dec 201405,23054.693.59$18,783
Nov 201405,21970.464.25$22,190
Oct 201405,60178.303.90$21,849
Sep 201405,51086.164.05$22,290
Aug 201405,56189.394.04$22,439
Jul 20141875,55096.564.18$41,254
Jun 201405,21898.164.74$24,717
May 201405,56394.734.73$26,294
Apr 201405,56595.944.81$26,763
Mar 20141886,16495.895.06$49,197
Feb 201405,53897.406.19$34,291
Jan 201407,24290.404.86$35,201
Dec 2013468,20391.824.35$39,944
Nov 20131977,27688.853.74$44,703
Oct 201328,01197.423.78$30,471
Sep 201306,996104.113.72$26,009
Aug 20131887,342104.253.52$45,462
Jul 201328,030102.523.72$30,058
Jun 201327,90994.403.93$31,298
May 201317,83494.834.15$32,599
Apr 20131817,73193.964.28$50,115
Mar 201327,85093.623.91$30,903
Feb 201317,33291.233.42$25,166
Jan 201328,03991.603.42$27,676
Dec 201219,10886.773.42$31,238
Nov 201218,62786.953.62$31,359
Oct 20121878,75689.383.40$46,482
Sep 201208,39894.672.92$24,509
Aug 201208,91292.662.91$25,918
Jul 20121879,22885.133.02$43,795
Jun 201209,06279.822.52$22,828
May 201219,68191.612.49$24,181
Apr 201209,749101.652.00$19,467
Mar 201219612,530105.052.22$48,432
Feb 201206,181101.102.57$15,887
Jan 2012210,59998.092.73$29,175
Dec 201119711,01496.873.24$54,766
Nov 2011310,74495.723.31$35,864
Oct 201119612,69484.983.65$62,971
Sep 2011112,89683.623.99$51,485
Aug 201119213,58183.404.15$72,365
Jul 201117814,10894.144.52$80,486
Jun 201138114,02492.904.64$100,465
May 2011015,18298.134.40$66,874
Apr 201119015,824105.964.33$88,702
Mar 201118817,23396.364.06$88,036
Feb 201119815,79285.644.18$82,967
Jan 201139318,71286.504.59$119,860
Dec 201038321,55685.734.35$126,555
Nov 201038724,31480.843.80$123,565
Oct 201089732,37378.103.51$183,649
Sep 201059051,37772.633.98$247,305
Aug 2010101173.684.42$785
Jul 201016,75372.554.74$32,058
Jun 201007,37770.364.91$36,224
May 201007,96671.124.24$33,738
Apr 201008,01381.694.12$33,035
Mar 201008,87478.394.39$38,945
Feb 201007,80373.585.44$42,467
Jan 201008,75874.365.96$52,234
Dec 200909,19171.445.48$50,401
Nov 20091709,08574.593.75$46,763
Oct 200909,91172.544.11$40,737
Sep 2009010,12265.543.06$31,021
Aug 2009011,61567.423.22$37,383
Jul 2009011,76361.133.46$40,753
Jun 2009012,03966.163.90$46,892
May 2009013,28854.743.93$52,165
Apr 2009013,71946.773.59$49,217
Mar 2009015,68842.144.06$63,678
Feb 2009013,66232.814.63$63,296
Jan 200919116,71835.865.37$96,642
Dec 2008017,77437.105.98$106,238
Nov 2008017,83655.496.86$122,361
Oct 2008022,44675.246.92$155,371
Sep 2008030,302101.767.88$238,692
Aug 2008036,320114.228.48$308,103

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             8 bbl  × $106.41 =       $851
Gas                1,508 Mcf  × $  3.05 =     $4,593

────────────────────────────────────────────────────
Month total                                   $5,444

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/242474 is the state's own key, not one this site invented.