STILES 16

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 242782District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Sep 2008 – May 2026
Value, last 12 filed months
$148 k
at the published price for each month
Months reported
213
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 Gas112008-12-29188347
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
CondensateDisposition15,652 bbl$1,200,462
GasProduction1,476,506 Mcf$5,952,947
Total$7,153,409

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 35.4603, -100.0831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46028, -100.08306 · 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
16,625 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 16,625 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-48332681801616,625 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 (213)

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

213 months

May 2026122,478106.413.05$8,825
Apr 2026162,66598.932.87$9,231
Mar 2026142,82089.753.15$10,138
Feb 2026132,61963.503.75$10,648
Jan 2026172,66859.138.00$22,344
Dec 2025162,82356.664.41$13,365
Nov 2025172,67858.593.93$11,511
Oct 2025212,78159.383.30$10,438
Sep 2025162,93462.743.08$10,032
Aug 20251453,05063.933.01$18,465
Jul 2025173,21266.743.32$11,783
Jun 2025203,07866.483.13$10,960
May 2025263,34060.553.23$12,370
Apr 2025233,07762.363.54$12,336
Mar 2025203,85667.704.27$17,813
Feb 2025224,28870.884.34$20,173
Jan 2025183,56574.324.28$16,591
Dec 20241163,59968.993.12$19,237
Nov 2024263,54769.052.20$9,593
Oct 2024253,72271.372.28$10,276
Sep 2024623,64069.612.36$12,922
Aug 2024153,69375.632.06$8,755
Jul 2024203,78879.932.15$9,730
Jun 2024113,67678.082.63$10,541
May 2024183,39478.812.20$8,880
Apr 2024193,41584.451.66$7,271
Mar 2024213,77080.301.55$7,511
Feb 2024243,64576.091.78$8,328
Jan 2024173,68873.023.30$13,403
Dec 2023254,04271.262.61$12,334
Nov 2023793,87677.892.81$17,035
Oct 2023294,08785.443.09$15,095
Sep 2023183,98689.042.74$12,505
Aug 2023144,07680.522.67$12,022
Jul 2023214,33774.852.64$13,029
Jun 2023194,25668.962.26$10,922
May 20232063,99770.622.23$23,451
Apr 2023143,65878.122.24$9,279
Mar 2023173,83372.852.39$10,411
Feb 2023193,82975.112.47$10,868
Jan 2023203,76376.533.39$14,279
Dec 2022234,31976.415.73$26,501
Nov 2022163,86785.005.65$23,194
Oct 2022133,91187.185.86$24,067
Sep 2022183,91884.888.16$33,513
Aug 2022174,28194.529.13$40,680
Jul 20221834,494101.587.54$52,483
Jun 2022124,071115.097.98$33,856
May 2022164,341109.378.43$38,358
Apr 2022103,826104.226.84$27,203
Mar 2022134,189108.885.08$22,680
Feb 2022203,78691.054.86$20,217
Jan 2022134,25981.844.54$20,390
Dec 2021204,13471.323.90$17,545
Nov 20212054,08877.435.24$37,281
Oct 2021204,66779.795.71$28,262
Sep 2021164,36869.865.35$24,491
Aug 2021174,41666.024.22$19,760
Jul 2021164,59770.783.98$19,438
Jun 2021184,74469.493.38$17,288
May 2021184,67663.483.02$15,253
Apr 2021224,27660.362.76$13,123
Mar 2021215,13761.302.72$15,244
Feb 2021131,45957.805.55$8,846
Jan 2021274,20450.412.81$13,175
Dec 2020224,83444.642.68$13,915
Nov 20201904,04938.772.71$18,325
Oct 2020155,14836.972.48$13,314
Sep 2020134,91137.091.99$10,260
Aug 202095,37539.982.39$13,180
Jul 202072,86438.371.83$5,496
Jun 2020105,42034.901.69$9,510
May 202051,57616.921.81$2,945
Apr 20201935,06914.751.80$11,993
Mar 2020105,28130.341.86$10,106
Feb 202084,74449.881.98$9,795
Jan 202083,68257.252.09$8,171
Dec 2019134,92659.012.30$12,118
Nov 2019104,64355.302.75$13,325
Oct 2019103,93553.472.42$10,052
Sep 20191885,24355.052.66$24,282
Aug 201985,50653.112.30$13,113
Jul 201974,99856.272.46$12,689
Jun 20191905,14352.782.49$22,840
May 201906958.482.74$189
Apr 2019011,47862.632.75$31,573
Mar 201902,19256.803.06$6,712
Feb 201901,99150.852.79$5,559
Jan 201912,22346.033.23$7,222
Dec 20181902,21946.594.19$18,140
Nov 201832,18052.934.24$9,396
Oct 201832,36561.443.40$8,221
Sep 201822,21359.543.11$6,997
Aug 201822,16659.403.07$6,761
Jul 201812,48265.142.93$7,342
Jun 201822,02160.183.08$6,339
May 201832,26165.382.90$6,755
Apr 201832,43063.842.90$7,240
Mar 201842,78161.222.79$7,995
Feb 201832,51561.782.77$7,142
Jan 201832,65262.874.01$10,821
Dec 201743,02857.272.92$9,075
Nov 20171892,96955.423.12$19,733
Oct 201753,22149.292.98$9,857
Sep 201733,08547.523.09$9,667
Aug 201733,27445.373.00$9,973
Jul 201723,20743.873.09$9,989
Jun 20171824,32242.493.09$21,076
May 201754,37145.373.26$14,491
Apr 20171944,12547.933.21$22,546
Mar 20171984,16546.772.98$21,687
Feb 201753,04150.452.95$9,231
Jan 201733,10549.413.42$10,764
Dec 201633,34948.763.72$12,614
Nov 201633,34442.492.64$8,970
Oct 201653,57346.193.09$11,272
Sep 20161844,47441.553.10$21,517
Aug 201635,34941.442.92$15,767
Jul 20161905,17141.622.92$23,030
Jun 201634,83645.352.69$13,125
May 201654,97442.521.99$10,116
Apr 201684,26636.561.99$8,786
Mar 201695,15633.011.79$9,547
Feb 20161984,13826.472.06$13,780
Jan 201675,30527.352.36$12,734
Dec 20152015,44732.362.00$17,406
Nov 201595,36638.792.17$11,979
Oct 20152015,60643.552.43$22,357
Sep 201545,14442.992.76$14,361
Aug 201514,24240.162.87$12,225
Jul 20151862,73748.152.95$17,017
Jun 201512,85456.152.88$8,284
May 201532,76755.212.96$8,343
Apr 201512,59349.822.71$7,068
Mar 201502,64042.892.93$7,748
Feb 2015031844.662.98$946
Jan 201502,28343.433.10$7,079
Dec 201402,19554.693.59$7,883
Nov 201401,76170.464.25$7,487
Oct 20141793,80078.303.90$28,839
Sep 20141943,72886.164.05$31,796
Aug 201404,28889.394.04$17,303
Jul 20141795,13196.564.18$38,730
Jun 201404,48198.164.74$21,226
May 201404,23094.734.73$19,993
Apr 20141885,14995.944.81$42,799
Mar 20141915,68595.895.06$47,063
Feb 201404,69297.406.19$29,053
Jan 201406,07190.404.86$29,509
Dec 201325,42291.824.35$23,794
Nov 20132274,08288.853.74$35,429
Oct 201363,42497.423.78$13,525
Sep 20130527104.113.72$1,959
Aug 20131834,530104.253.52$35,035
Jul 20131796,211102.523.72$41,442
Jun 2013423,90594.403.93$94,406
May 20131936,00694.834.15$43,222
Apr 201307,32593.964.28$31,370
Mar 20131817,76093.623.91$47,309
Feb 201327,72791.233.42$26,608
Jan 20131807,16891.603.42$41,002
Dec 201207,20686.773.42$24,646
Nov 201238,38286.953.62$30,645
Oct 20121869,62089.383.40$49,330
Sep 201219,07194.672.92$26,567
Aug 201218910,10092.662.91$46,885
Jul 20121838,75985.133.02$42,038
Jun 201219,25479.822.52$23,391
May 201219410,48991.612.49$43,872
Apr 201218410,917101.652.00$40,503
Mar 201217310,523105.052.22$41,557
Feb 20123819,528101.102.57$63,008
Jan 2012011,36798.092.73$31,078
Dec 201119712,14896.873.24$58,440
Nov 201138812,70095.723.31$79,193
Oct 201119114,32984.983.65$68,511
Sep 201136714,58983.623.99$88,837
Aug 201136215,89783.404.15$96,153
Jul 201118210,00194.144.52$62,310
Jun 201133811,90392.904.64$86,629
May 201137914,61998.134.40$101,585
Apr 201134414,805105.964.33$100,604
Mar 201119416,25096.364.06$84,626
Feb 201139916,99985.644.18$105,226
Jan 201118215,32186.504.59$86,048
Dec 201056421,11285.734.35$140,141
Nov 201055123,95280.843.80$135,449
Oct 201072531,24178.103.51$166,244
Sep 201097640,65572.633.98$232,672
Aug 201022,08573.684.42$9,362
Jul 201019,40472.554.74$44,615
Jun 201009,56270.364.91$46,953
May 2010010,44271.124.24$44,224
Apr 2010011,92381.694.12$49,155
Mar 2010012,66178.394.39$55,565
Feb 201009,85973.585.44$53,656
Jan 2010010,43874.365.96$62,253
Dec 2009011,40871.445.48$62,559
Nov 2009010,68074.593.75$40,066
Oct 2009012,89772.544.11$53,010
Sep 2009012,47565.543.06$38,233
Aug 2009014,92267.423.22$48,026
Jul 2009013,45561.133.46$46,615
Jun 2009013,68566.163.90$53,303
May 2009015,31354.743.93$60,115
Apr 200916116,22046.773.59$65,719
Mar 2009019,32642.144.06$78,444
Feb 2009020,08332.814.63$93,045
Jan 200918023,97935.865.37$135,246
Dec 2008029,31537.105.98$175,220
Nov 2008040,99155.496.86$281,213
Oct 200817771,86475.246.92$510,759
Sep 2008021,777101.767.88$171,539

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            12 bbl  × $106.41 =     $1,277
Gas                2,478 Mcf  × $  3.05 =     $7,548

────────────────────────────────────────────────────
Month total                                   $8,825

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/242782 is the state's own key, not one this site invented.