STILES 4

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 242781District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Jul 2008 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
215
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 Gas112009-01-27188348
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
CondensateDisposition17,001 bbl$1,291,414
GasProduction1,474,706 Mcf$7,156,717
Total$8,448,131

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 35.4500, -100.0698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44999, -100.06977 · 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
16,675 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 16,675 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-48332477100416,675 ftAug 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 (215)

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

215 months

May 202651,174106.413.05$4,108
Apr 202681,29898.932.87$4,516
Mar 202671,33789.753.15$4,839
Feb 20261121,16563.503.75$11,481
Jan 202681,13859.138.00$9,575
Dec 202571,33756.664.41$6,297
Nov 202591,35758.593.93$5,855
Oct 20251651,35559.383.30$14,276
Sep 202571,34162.743.08$4,565
Aug 202571,60663.933.01$5,289
Jul 20251231,41766.743.32$12,907
Jun 202591,51866.483.13$5,348
May 2025121,50960.553.23$5,604
Apr 2025101,34462.363.54$5,386
Mar 20251051,53267.704.27$13,648
Feb 202561,28970.884.34$6,021
Jan 202571,39374.324.28$6,480
Dec 20241051,49568.993.12$11,910
Nov 2024101,59469.052.20$4,195
Oct 2024101,49471.372.28$4,122
Sep 20241211,46969.612.36$11,896
Aug 202461,57175.632.06$3,696
Jul 202481,52279.932.15$3,907
Jun 202441,09578.082.63$3,197
May 20241321,41178.812.20$13,505
Apr 202481,53684.451.66$3,224
Mar 20241101,53680.301.55$11,206
Feb 202491,50276.091.78$3,364
Jan 202461,30173.023.30$4,728
Dec 2023101,60271.262.61$4,895
Nov 2023131,54377.892.81$5,345
Oct 20231091,75085.443.09$14,716
Sep 202371,67789.042.74$5,210
Aug 202361,74180.522.67$5,137
Jul 20231941,83774.852.64$19,374
Jun 202381,76768.962.26$4,542
May 2023101,84370.622.23$4,811
Apr 202371,79178.122.24$4,555
Mar 202381,74072.852.39$4,747
Feb 20231911,69875.112.47$18,533
Jan 202391,72176.533.39$6,519
Dec 202291,83276.415.73$11,183
Nov 202271,73985.005.65$10,414
Oct 20221891,91987.185.86$27,730
Sep 202281,97984.888.16$16,835
Aug 202282,04794.529.13$19,439
Jul 202242,057101.587.54$15,920
Jun 20221931,825115.097.98$36,771
May 202271,968109.378.43$17,362
Apr 202251,955104.226.84$13,889
Mar 202261,931108.885.08$10,456
Feb 20221961,66191.054.86$25,916
Jan 202262,02981.844.54$9,698
Dec 2021101,96271.323.90$8,363
Nov 2021101,96177.435.24$11,044
Oct 202192,04279.795.71$12,386
Sep 202171,96169.865.35$10,982
Aug 20211882,08066.024.22$21,191
Jul 202182,14670.783.98$9,112
Jun 202172,02369.493.38$7,325
May 202172,01663.483.02$6,528
Apr 2021101,75760.362.76$5,450
Mar 2021141,91961.302.72$6,072
Feb 202172,44457.805.55$13,964
Jan 2021122,14950.412.81$6,644
Dec 202082,03744.642.68$5,807
Nov 20201897438.772.71$7,528
Oct 20200036.972.48$0
Sep 202003137.091.99$62
Aug 2020011839.982.39$281
Jul 20200038.371.83$0
Jun 20201836934.901.69$6,503
May 2020014716.921.81$267
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20201939049.881.98$9,805
Jan 202005257.252.09$109
Dec 2019016459.012.30$378
Nov 2019087955.302.75$2,418
Oct 20191961,03153.472.42$12,974
Sep 201943,34555.052.66$9,109
Aug 201932,88453.112.30$6,805
Jul 201932,89056.272.46$7,278
Jun 20191873,02752.782.49$17,411
May 201923,00958.482.74$8,363
Apr 201922,97362.632.75$8,303
Mar 20191963,23156.803.06$21,026
Feb 201922,99250.852.79$8,456
Jan 20191742,86446.033.23$17,255
Dec 201823,06146.594.19$12,905
Nov 201833,01552.934.24$12,934
Oct 201833,43361.443.40$11,850
Sep 201843,97259.543.11$12,583
Aug 20181835,89759.403.07$28,954
Jul 201836,17165.142.93$18,288
Jun 20181905,64760.183.08$28,810
May 201845,23565.382.90$15,447
Apr 20181913,54763.842.90$22,483
Mar 201843,68961.222.79$10,526
Feb 201833,42961.782.77$9,670
Jan 201833,93562.874.01$15,965
Dec 20171913,88557.272.92$22,289
Nov 201723,61555.423.12$11,384
Oct 201743,59749.292.98$10,929
Sep 201723,65247.523.09$11,370
Aug 20171854,01845.373.00$20,465
Jul 201724,04243.873.09$12,567
Jun 20171933,94442.493.09$20,377
May 201744,15445.373.26$13,738
Apr 201753,85447.933.21$12,617
Mar 201754,00446.772.98$12,181
Feb 20171963,68450.452.95$20,766
Jan 201733,94549.413.42$13,635
Dec 20161864,12848.763.72$24,437
Nov 201633,96542.492.64$10,612
Oct 201644,20246.193.09$13,170
Sep 20161904,14241.553.10$20,737
Aug 201624,33541.442.92$12,760
Jul 201614,40841.622.92$12,932
Jun 201624,17345.352.69$11,299
May 20161904,30442.521.99$16,648
Apr 201664,21036.561.99$8,602
Mar 20161944,41533.011.79$14,324
Feb 20161934,29426.472.06$13,970
Jan 201654,42227.352.36$10,592
Dec 20151994,60632.362.00$15,658
Nov 201564,50238.792.17$9,990
Oct 20151914,74643.552.43$19,835
Sep 201534,80442.992.76$13,380
Aug 20151895,12040.162.87$22,297
Jul 20151884,75148.152.95$23,044
Jun 201513,75556.152.88$10,881
May 201543,83755.212.96$11,561
Apr 201523,70049.822.71$10,114
Mar 20151923,57842.892.93$18,735
Feb 201503,28044.662.98$9,762
Jan 201503,95343.433.10$12,257
Dec 201403,56354.693.59$12,796
Nov 201403,28670.464.25$13,972
Oct 20141894,09278.303.90$30,761
Sep 201404,44086.164.05$17,962
Aug 20141924,78489.394.04$36,467
Jul 201404,96096.564.18$20,731
Jun 201404,55998.164.74$21,595
May 20141855,03594.734.73$41,323
Apr 201404,91995.944.81$23,656
Mar 20141965,31095.895.06$45,646
Feb 20142005,64597.406.19$54,434
Jan 201408,09890.404.86$39,362
Dec 201326,88191.824.35$30,147
Nov 20131918,02088.853.74$46,951
Oct 201369,24497.423.78$35,521
Sep 201327,660104.113.72$28,686
Aug 20131997,488104.253.52$47,123
Jul 201339,872102.523.72$37,009
Jun 20131938,21294.403.93$50,520
May 20131857,61194.834.15$49,122
Apr 201319,45393.964.28$40,577
Mar 20131848,69793.623.91$51,256
Feb 201327,35491.233.42$25,332
Jan 20131908,74091.603.42$47,294
Dec 201219,33686.773.42$32,017
Nov 201219,65786.953.62$35,093
Oct 201218210,38689.383.40$51,576
Sep 2012011,39194.672.92$33,243
Aug 201218511,96692.662.91$51,941
Jul 2012210,40685.133.02$31,605
Jun 201218111,01579.822.52$42,195
May 2012010,72191.612.49$26,677
Apr 201219011,333101.652.00$41,943
Mar 201218314,469105.052.22$51,375
Feb 201218911,932101.102.57$49,776
Jan 201218614,07398.092.73$56,721
Dec 201119512,98496.873.24$60,954
Nov 201139615,38295.723.31$88,839
Oct 20111618,39984.983.65$68,489
Sep 201156322,85183.623.99$138,158
Aug 2011104,51583.404.15$19,568
Jul 20115439,60494.144.52$94,502
Jun 201137016,11392.904.64$109,135
May 201195921,28298.134.40$187,850
Apr 201122,878105.964.33$12,683
Mar 201105,90596.364.06$23,959
Feb 201103,22485.644.18$13,476
Jan 201103,39586.504.59$15,579
Dec 201005,37785.734.35$23,378
Nov 201005,53780.843.80$21,015
Oct 201005,82978.103.51$20,453
Sep 201006,25472.633.98$24,888
Aug 20101817,51073.684.42$46,525
Jul 201018,26572.554.74$39,220
Jun 201019,75170.364.91$47,952
May 201008,57571.124.24$36,317
Apr 201009,04381.694.12$37,281
Mar 201009,24678.394.39$40,578
Feb 201006,54973.585.44$35,642
Jan 201007,33574.365.96$43,747
Dec 200908,52271.445.48$46,733
Nov 20091838,79774.593.75$46,652
Oct 2009013,39172.544.11$55,040
Sep 2009013,83065.543.06$42,385
Aug 2009016,69167.423.22$53,720
Jul 2009014,36861.133.46$49,778
Jun 2009010,79666.163.90$42,050
May 200917921,84754.743.93$95,564
Apr 2009016,78246.773.59$60,205
Mar 200906,65542.144.06$27,013
Feb 2009022,72632.814.63$105,290
Jan 200952230,10035.865.37$180,386
Dec 200817643,34737.105.98$265,621
Nov 200817758,43155.496.86$410,679
Oct 200818066,68875.246.92$475,156
Sep 2008550111,585101.767.88$934,933
Aug 20081,064135,774114.228.48$1,273,304
Jul 2008014,255131.0811.39$162,356

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             5 bbl  × $106.41 =       $532
Gas                1,174 Mcf  × $  3.05 =     $3,576

────────────────────────────────────────────────────
Month total                                   $4,108

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/242781 is the state's own key, not one this site invented.