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 243932District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Sep 2008 – May 2026
Value, last 12 filed months
$84 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 Gas112009-02-18189191
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
CondensateDisposition14,329 bbl$1,125,188
GasProduction1,672,630 Mcf$7,132,616
Total$8,257,804

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 35.4458, -100.0639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44583, -100.06386 · 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
16,726 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 16,726 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-48332593110416,726 ftMay 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 (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 202661,363106.413.05$4,790
Apr 202691,49698.932.87$5,183
Mar 202691,66889.753.15$6,061
Feb 202671,44063.503.75$5,845
Jan 202691,40959.138.00$11,801
Dec 202591,60156.664.41$7,576
Nov 2025101,60258.593.93$6,876
Oct 2025131,70859.383.30$6,417
Sep 2025101,70862.743.08$5,883
Aug 202591,98063.933.01$6,545
Jul 2025101,84566.743.32$6,784
Jun 2025731,80066.483.13$10,485
May 2025141,84460.553.23$6,808
Apr 2025131,63162.363.54$6,590
Mar 2025182,64067.704.27$12,487
Feb 2025102,73570.884.34$12,581
Jan 2025101,92174.324.28$8,963
Dec 202491,87968.993.12$6,486
Nov 2024141,98169.052.20$5,322
Oct 2024131,94771.372.28$5,370
Sep 2024101,93369.612.36$5,266
Aug 202481,93475.632.06$4,596
Jul 2024101,99679.932.15$5,084
Jun 202451,48278.082.63$4,294
May 202491,76578.812.20$4,590
Apr 2024111,87584.451.66$4,040
Mar 2024112,03480.301.55$4,026
Feb 2024111,80376.091.78$4,053
Jan 202481,63273.023.30$5,966
Dec 2023122,02671.262.61$6,144
Nov 2023161,99877.892.81$6,856
Oct 2023142,08985.443.09$7,645
Sep 202392,01589.042.74$6,312
Aug 202382,24480.522.67$6,642
Jul 2023112,28974.852.64$6,870
Jun 2023102,23668.962.26$5,740
May 2023122,30970.622.23$5,991
Apr 202392,21478.122.24$5,657
Mar 202392,16672.852.39$5,839
Feb 20231791,95075.112.47$18,253
Jan 2023111,98676.533.39$7,570
Dec 2022132,37476.415.73$14,594
Nov 202292,24785.005.65$13,452
Oct 202292,36787.185.86$14,664
Sep 2022102,67784.888.16$22,703
Aug 202292,44194.529.13$23,130
Jul 202252,446101.587.54$18,956
Jun 202272,429115.097.98$20,182
May 202292,442109.378.43$21,578
Apr 202262,431104.226.84$17,248
Mar 202282,370108.885.08$12,902
Feb 2022132,55591.054.86$13,598
Jan 202272,42781.844.54$11,586
Dec 2021122,39171.323.90$10,179
Nov 2021132,39477.435.24$13,544
Oct 2021112,58579.795.71$15,648
Sep 202192,51469.865.35$14,081
Aug 2021102,66466.024.22$11,904
Jul 202192,58270.783.98$10,919
Jun 202182,30069.493.38$8,331
May 202192,49363.483.02$8,094
Apr 2021142,36660.362.76$7,371
Mar 2021152,59461.302.72$7,967
Feb 202182,29657.805.55$13,200
Jan 2021152,53050.412.81$7,866
Dec 2020132,49544.642.68$7,256
Nov 202082,72538.772.71$7,686
Oct 202092,97836.972.48$7,713
Sep 202082,89237.091.99$6,055
Aug 202063,01139.982.39$7,421
Jul 20201533,00338.371.83$11,351
Jun 202062,97434.901.69$5,236
May 202062,36916.921.81$4,401
Apr 202072,63814.751.80$4,863
Mar 202063,29030.341.86$6,289
Feb 202052,33749.881.98$4,878
Jan 20201023,25457.252.09$12,656
Dec 201982,81959.012.30$6,968
Nov 201973,30355.302.75$9,473
Oct 201972,94053.472.42$7,485
Sep 201973,47555.052.66$9,619
Aug 201964,12553.112.30$9,824
Jul 201942,16856.272.46$5,558
Jun 20191842,97252.782.49$17,115
May 201933,14658.482.74$8,796
Apr 201923,00462.632.75$8,388
Mar 201932,87756.803.06$8,980
Feb 201932,51950.852.79$7,186
Jan 201943,56246.033.23$11,683
Dec 201842,87546.594.19$12,220
Nov 201853,49552.934.24$15,074
Oct 201843,75461.443.40$13,002
Sep 20181904,01459.543.11$23,788
Aug 201834,16759.403.07$12,957
Jul 201824,30765.142.93$12,758
Jun 201833,98060.183.08$12,427
May 201843,87665.382.90$11,505
Apr 201843,57863.842.90$10,634
Mar 201853,52961.222.79$10,141
Feb 201832,99161.782.77$8,459
Jan 20181922,95662.874.01$23,923
Dec 201743,12357.272.92$9,353
Nov 201733,01555.423.12$9,568
Oct 201753,47149.292.98$10,603
Sep 20171853,62947.523.09$19,995
Aug 201743,86045.373.00$11,778
Jul 201723,78243.873.09$11,764
Jun 201733,61442.493.09$11,285
May 201743,88545.373.26$12,860
Apr 201763,54347.933.21$11,666
Mar 201764,13446.772.98$12,615
Feb 20171934,06150.452.95$21,727
Jan 201754,68049.413.42$16,247
Dec 201644,72048.763.72$17,767
Nov 201654,76642.492.64$12,815
Oct 201675,88846.193.09$18,519
Sep 201644,42241.553.10$13,877
Aug 201624,33541.442.92$12,760
Jul 20161875,36941.622.92$23,484
Jun 201635,25145.352.69$14,239
May 201665,32842.521.99$10,863
Apr 20161965,41736.561.99$17,951
Mar 201694,69933.011.79$8,727
Feb 201654,95426.472.06$10,356
Jan 20161995,80427.352.36$19,165
Dec 201586,54732.362.00$13,362
Nov 201595,95638.792.17$13,258
Oct 20151946,51843.552.43$24,265
Sep 201546,56042.992.76$18,267
Aug 20151896,65640.162.87$26,710
Jul 201516,50248.152.95$19,197
Jun 20151926,60256.152.88$29,813
May 201567,22955.212.96$21,696
Apr 20151846,68649.822.71$27,263
Mar 201507,20242.892.93$21,136
Feb 201506,47744.662.98$19,277
Jan 20151857,20643.433.10$30,378
Dec 201407,14754.693.59$25,667
Nov 20141928,05970.464.25$47,794
Oct 201405,85078.303.90$22,821
Sep 20141925,88486.164.05$40,346
Aug 201406,36489.394.04$25,680
Jul 20141887,21996.564.18$48,326
Jun 201405,90698.164.74$27,976
May 201406,82294.734.73$32,245
Apr 20141846,47195.944.81$48,773
Mar 20141916,79895.895.06$52,691
Feb 201406,32097.406.19$39,133
Jan 20142007,94490.404.86$56,694
Dec 20134610,09891.824.35$48,195
Nov 20131914,16488.853.74$32,537
Oct 20131947,75497.423.78$48,205
Sep 201329,286104.113.72$34,731
Aug 201329,519104.253.52$33,740
Jul 20131909,662102.523.72$55,400
Jun 201318610,45094.403.93$58,663
May 201317810,61794.834.15$60,931
Apr 2013010,58293.964.28$45,318
Mar 201337311,13493.623.91$78,486
Feb 2013110,31091.233.42$35,351
Jan 201319911,99891.603.42$59,260
Dec 201218312,92186.773.42$60,071
Nov 201219412,66886.953.62$62,789
Oct 201219613,01989.383.40$61,779
Sep 201218712,99494.672.92$55,625
Aug 201218814,43992.662.91$59,411
Jul 201218713,88485.133.02$57,860
Jun 201218914,07879.822.52$50,549
May 201218715,96491.612.49$56,855
Apr 201219316,053101.652.00$51,673
Mar 2012017,451105.052.22$38,778
Feb 201218217,146101.102.57$62,470
Jan 201219219,53098.092.73$72,230
Dec 201138220,64996.873.24$103,902
Nov 201119821,62095.723.31$90,542
Oct 201137323,92184.983.65$118,974
Sep 201137725,00683.623.99$131,194
Aug 201157928,78083.404.15$167,706
Jul 201194832,51194.144.52$236,105
Jun 201137235,69992.904.64$200,198
May 201120121,22198.134.40$113,199
Apr 201176826,569105.964.33$196,508
Mar 20111857,13696.364.06$46,780
Feb 201104,18285.644.18$17,481
Jan 201106,16186.504.59$28,271
Dec 201007,08385.734.35$30,795
Nov 201007,20180.843.80$27,330
Oct 201007,40778.103.51$25,990
Sep 201014,42572.633.98$17,682
Aug 201004,48673.684.42$19,825
Jul 201018,48872.554.74$40,276
Jun 201018,88470.364.91$43,694
May 201009,36471.124.24$39,659
Apr 201009,72281.694.12$40,081
Mar 201008,93578.394.39$39,213
Feb 20101829,10673.585.44$62,950
Jan 2010011,82674.365.96$70,531
Dec 200908,28271.445.48$45,416
Nov 2009011,35174.593.75$42,583
Oct 2009012,81372.544.11$52,665
Sep 2009012,53465.543.06$38,414
Aug 2009015,11067.423.22$48,632
Jul 200919016,02961.133.46$67,147
Jun 2009017,32966.163.90$67,496
May 2009022,10854.743.93$86,790
Apr 2009018,47746.773.59$66,286
Mar 200917025,03442.144.06$108,777
Feb 200934529,34232.814.63$147,261
Jan 2009042,58135.865.37$228,703
Dec 2008036,79537.105.98$219,929
Nov 200818942,06255.496.86$299,048
Oct 200817982,55675.246.92$584,919
Sep 20080115,962101.767.88$913,443

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             6 bbl  × $106.41 =       $638
Gas                1,363 Mcf  × $  3.05 =     $4,151

────────────────────────────────────────────────────
Month total                                   $4,790

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/243932 is the state's own key, not one this site invented.