STILES 3

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 244687District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.1 M
Dec 2007 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
222
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 Gas112009-02-25189669
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
CondensateDisposition18,112 bbl$1,377,629
GasProduction2,380,788 Mcf$11,708,072
Total$13,085,701

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, -100.0563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44581, -100.05635 · 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
16,780 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 16,780 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-48332371140316,780 ftAug 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 (222)

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

222 months

May 202661,186106.413.05$4,251
Apr 202691,43898.932.87$5,017
Mar 202681,80489.753.15$6,400
Feb 202671,48663.503.75$6,017
Jan 20261341,45259.138.00$19,536
Dec 2025111,78556.664.41$8,501
Nov 2025101,67558.593.93$7,163
Oct 2025121,68659.383.30$6,285
Sep 202591,61162.743.08$5,522
Aug 2025801,63863.933.01$10,053
Jul 202591,84066.743.32$6,701
Jun 2025132,04366.483.13$7,256
May 2025151,85660.553.23$6,907
Apr 2025121,53162.363.54$6,173
Mar 202591,90167.704.27$8,723
Feb 20251341,20370.884.34$14,720
Jan 2025101,88774.324.28$8,817
Dec 2024111,74368.993.12$6,199
Nov 2024142,22469.052.20$5,856
Oct 2024192,66271.372.28$7,429
Sep 2024132,26669.612.36$6,263
Aug 2024122,88975.632.06$6,869
Jul 2024142,77479.932.15$7,074
Jun 202472,25478.082.63$6,484
May 2024152,79878.812.20$7,333
Apr 2024183,25484.451.66$6,919
Mar 2024172,91580.301.55$5,869
Feb 2024193,16876.091.78$7,096
Jan 2024112,66073.023.30$9,575
Dec 2023203,01071.262.61$9,283
Nov 20231682,50077.892.81$20,104
Oct 2023233,42085.443.09$12,524
Sep 2023153,01089.042.74$9,568
Aug 2023113,09480.522.67$9,156
Jul 2023143,41674.852.64$10,072
Jun 2023132,47468.962.26$6,484
May 2023142,84970.622.23$7,335
Apr 20231772,39578.122.24$19,187
Mar 202382,18172.852.39$5,802
Feb 2023552,31375.112.47$9,834
Jan 2023122,46976.533.39$9,283
Dec 2022152,60176.415.73$16,047
Nov 202292,19085.005.65$13,130
Oct 2022153,90687.185.86$24,212
Sep 2022112,39184.888.16$20,453
Aug 20221933,43394.529.13$49,576
Jul 202262,610101.587.54$20,294
Jun 202282,858115.097.98$23,720
May 2022133,082109.378.43$27,412
Apr 20221802,667104.226.84$36,995
Mar 2022113,335108.885.08$18,127
Feb 2022132,58091.054.86$13,719
Jan 2022143,55781.844.54$17,286
Dec 2021163,83971.323.90$16,110
Nov 20211672,37677.435.24$25,374
Oct 2021133,19479.795.71$19,287
Sep 2021112,79869.865.35$15,740
Aug 2021163,97266.024.22$17,821
Jul 2021184,73370.783.98$20,121
Jun 20212024,78669.493.38$30,217
May 2021174,56663.483.02$14,858
Apr 2021284,89660.362.76$15,195
Mar 2021265,07461.302.72$15,380
Feb 20212023,15557.805.55$29,179
Jan 2021203,17050.412.81$9,917
Dec 2020224,34244.642.68$12,599
Nov 2020124,16438.772.71$11,735
Oct 2020123,93436.972.48$10,194
Sep 20201914,24337.091.99$15,532
Aug 202005,21439.982.39$12,436
Jul 2020105,64338.371.83$10,683
Jun 2020125,59834.901.69$9,881
May 20201925,56716.921.81$13,351
Apr 2020134,73914.751.80$8,743
Mar 2020126,31730.341.86$12,090
Feb 202084,03249.881.98$8,385
Jan 20201974,53157.252.09$20,770
Dec 2019103,62859.012.30$8,950
Nov 2019114,86855.302.75$13,999
Oct 2019125,04353.472.42$12,838
Sep 20191944,83755.052.66$23,533
Aug 201984,97953.112.30$11,898
Jul 201985,21256.272.46$13,272
Jun 201964,85052.782.49$12,399
May 20191915,40958.482.74$25,992
Apr 201955,42662.632.75$15,238
Mar 201965,68756.803.06$17,755
Feb 201965,32050.852.79$15,160
Jan 201975,73846.033.23$18,846
Dec 20181976,24346.594.19$35,308
Nov 201896,13352.934.24$26,463
Oct 201876,56361.443.40$22,732
Sep 201876,44659.543.11$20,451
Aug 201856,73459.403.07$20,947
Jul 20181927,24865.142.93$33,757
Jun 201856,85260.183.08$21,384
May 20181897,15665.382.90$33,115
Apr 201886,80363.842.90$20,245
Mar 20181927,01661.222.79$31,307
Feb 201876,07861.782.77$17,245
Jan 201886,95662.874.01$28,392
Dec 201787,03657.272.92$21,014
Nov 201767,00855.423.12$22,186
Oct 20171987,40349.292.98$31,848
Sep 201767,12047.523.09$22,267
Aug 201787,80745.373.00$23,818
Jul 20171917,93243.873.09$32,867
Jun 201787,98342.493.09$24,986
May 2017108,20845.373.26$27,240
Apr 2017148,36547.933.21$27,536
Mar 20172018,79746.772.98$35,648
Feb 2017148,19350.452.95$24,897
Jan 20172009,11249.413.42$41,034
Dec 201688,86548.763.72$33,393
Nov 201699,18342.492.64$24,665
Oct 20162009,69346.193.09$39,192
Sep 201689,43941.553.10$29,599
Aug 2016510,01241.442.92$29,486
Jul 201618410,03141.622.92$36,992
Jun 201659,90545.352.69$26,830
May 20161958,78942.521.99$25,791
Apr 2016158,19136.561.99$16,857
Mar 2016168,60133.011.79$15,958
Feb 20161978,43226.472.06$22,615
Jan 2016139,31227.352.36$22,372
Dec 201520410,09132.362.00$26,798
Nov 2015179,50138.792.17$21,251
Oct 2015199,75843.552.43$24,506
Sep 20151969,06442.992.76$33,428
Aug 201549,61240.162.87$27,771
Jul 2015210,14548.152.95$29,974
Jun 20151929,99956.152.88$39,607
May 20151010,56055.212.96$31,762
Apr 2015510,21849.822.71$27,905
Mar 201519010,43842.892.93$38,782
Feb 201509,25444.662.98$27,542
Jan 2015010,57943.433.10$32,802
Dec 201419810,83054.693.59$49,723
Nov 20141909,70870.464.25$54,664
Oct 201409,95778.303.90$38,842
Sep 20143789,55586.164.05$71,223
Aug 2014010,73389.394.04$43,309
Jul 2014011,84496.564.18$49,503
Jun 2014010,89798.164.74$51,618
May 201437311,82294.734.73$91,212
Apr 2014011,51395.944.81$55,367
Mar 2014012,08695.895.06$61,116
Feb 2014012,06597.406.19$74,706
Jan 201419814,43290.404.86$88,049
Dec 20135012,15591.824.35$57,520
Nov 20131936,26588.853.74$40,568
Oct 2013612,30897.423.78$47,101
Sep 201318911,916104.113.72$63,977
Aug 2013412,001104.253.52$42,692
Jul 201318612,044102.523.72$63,845
Jun 2013311,50594.403.93$45,537
May 201319011,16394.834.15$64,334
Apr 2013111,36293.964.28$48,753
Mar 201319511,69493.623.91$64,013
Feb 2013011,17091.233.42$38,200
Jan 2013414,01491.603.42$48,293
Dec 201217710,40586.773.42$50,945
Nov 2012013,57686.953.62$49,212
Oct 201218313,92689.383.40$63,700
Sep 201218913,95394.672.92$58,613
Aug 2012014,72492.662.91$42,820
Jul 201219914,50685.133.02$60,761
Jun 2012114,87279.822.52$37,543
May 201218115,80591.612.49$55,909
Apr 201219015,687101.652.00$50,637
Mar 2012016,407105.052.22$36,458
Feb 201219615,217101.102.57$58,927
Jan 201219816,76998.092.73$65,270
Dec 201119416,45896.873.24$72,112
Nov 2011117,10095.723.31$56,719
Oct 2011017,97184.983.65$65,568
Sep 201119415,81483.623.99$79,254
Aug 201118318,95783.404.15$93,921
Jul 201155719,79494.144.52$141,850
Jun 201118919,98792.904.64$110,295
May 201118321,38798.134.40$112,164
Apr 201117622,216105.964.33$114,917
Mar 201117425,03296.364.06$118,330
Feb 201156223,88785.644.18$147,977
Jan 201118428,61286.504.59$147,210
Dec 201091231,45585.734.35$214,944
Nov 201039034,93580.843.80$164,117
Oct 201073941,75078.103.51$204,212
Sep 201068739,38372.633.98$206,620
Aug 201070830,66773.684.42$187,694
Jul 201074,43872.554.74$21,528
Jun 2010110,26370.364.91$50,466
May 2010011,72471.124.24$49,654
Apr 2010010,82081.694.12$44,608
Mar 2010011,72278.394.39$51,444
Feb 2010010,98273.585.44$59,768
Jan 2010011,86274.365.96$70,746
Dec 2009012,17671.445.48$66,770
Nov 2009011,92674.593.75$44,740
Oct 2009013,04672.544.11$53,622
Sep 2009012,91465.543.06$39,578
Aug 2009014,30767.423.22$46,047
Jul 2009015,58861.133.46$54,005
Jun 200918415,51066.163.90$72,585
May 2009016,83054.743.93$66,070
Apr 2009016,85846.773.59$60,478
Mar 2009018,62342.144.06$75,591
Feb 2009016,72232.814.63$77,473
Jan 2009018,27435.865.37$98,150
Dec 2008018,75537.105.98$112,101
Nov 2008018,64555.496.86$127,911
Oct 200817720,06075.246.92$152,172
Sep 2008023,045101.767.88$181,528
Aug 200818131,837114.228.48$290,748
Jul 2008035,321131.0811.39$402,286
Jun 2008037,812131.3313.03$492,790
May 200835444,169123.1711.57$554,827
Apr 2008050,244110.3110.45$525,294
Mar 200817763,314101.909.66$629,907
Feb 200818578,55192.538.77$706,056
Jan 20080105,59290.388.21$866,459
Dec 2007025,85388.337.30$188,778

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                1,186 Mcf  × $  3.05 =     $3,612

────────────────────────────────────────────────────
Month total                                   $4,251

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/244687 is the state's own key, not one this site invented.