SANDRA

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 246130District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.6 M
Dec 2008 – May 2026
Value, last 12 filed months
$206 k
at the published price for each month
Months reported
210
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 Gas112010-10-28200121
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
CondensateDisposition19,061 bbl$1,505,019
GasProduction3,800,328 Mcf$14,111,899
Total$15,616,918

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 35.4066, -100.0020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.40661, -100.00196 · 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
16,900 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 16,900 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-48332719101916,900 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 (210)

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

210 months

May 202603,608106.413.05$10,989
Apr 202603,68798.932.87$10,581
Mar 20261064,09589.753.15$22,410
Feb 202604,42263.503.75$16,584
Jan 202604,57659.138.00$36,598
Dec 202504,61556.664.41$20,368
Nov 202504,61758.593.93$18,128
Oct 202504,76359.383.30$15,741
Sep 202504,95962.743.08$15,258
Aug 202505,06763.933.01$15,276
Jul 202503,90966.743.32$12,959
Jun 202503,67266.483.13$11,489
May 202504,48360.553.23$14,490
Apr 20251723,71362.363.54$23,882
Mar 202503,19267.704.27$13,624
Feb 202505,10870.884.34$22,173
Jan 202503,87474.324.28$16,576
Dec 202404,79768.993.12$14,973
Nov 202404,26369.052.20$9,372
Oct 202404,08971.372.28$9,329
Sep 202404,32669.612.36$10,228
Aug 202404,01775.632.06$8,290
Jul 20241336,12579.932.15$23,779
Jun 202406,57878.082.63$17,326
May 202403,44278.812.20$7,567
Apr 202403,39584.451.66$5,633
Mar 202405,31380.301.55$8,209
Feb 20241215,82776.091.78$19,600
Jan 202406,20773.023.30$20,469
Dec 202304,84671.262.61$12,652
Nov 202304,35677.892.81$12,230
Oct 202303,76185.443.09$11,611
Sep 202303,78389.042.74$10,347
Aug 202304,89380.522.67$13,078
Jul 20231745,12174.852.64$26,553
Jun 202305,59168.962.26$12,627
May 202304,96570.622.23$11,059
Apr 202305,09378.122.24$11,397
Mar 202305,35572.852.39$12,815
Feb 202303,85075.112.47$9,493
Jan 2023010,70976.533.39$36,279
Dec 20221498,01176.415.73$57,281
Nov 202209,23785.005.65$52,154
Oct 202209,41387.185.86$55,196
Sep 202207,57484.888.16$61,832
Aug 20221787,25294.529.13$83,015
Jul 202207,914101.587.54$59,688
Jun 202209,500115.097.98$75,783
May 202207,490109.378.43$63,163
Apr 202207,498104.226.84$51,268
Mar 202207,718108.885.08$39,180
Feb 20221837,50591.054.86$53,128
Jan 202207,88281.844.54$35,766
Dec 202106,67171.323.90$26,011
Nov 202107,18877.435.24$37,642
Oct 202108,85679.795.71$50,602
Sep 202107,25669.865.35$38,826
Aug 20211866,75866.024.22$40,802
Jul 202106,52270.783.98$25,971
Jun 202105,38069.493.38$18,188
May 202106,87763.483.02$20,753
Apr 202106,25760.362.76$17,259
Mar 202107,66961.302.72$20,836
Feb 202106,49957.805.55$36,056
Jan 202109,05450.412.81$25,444
Dec 202004,49144.642.68$12,015
Nov 2020010,28038.772.71$27,824
Oct 2020015,93136.972.48$39,484
Sep 20201573,61337.091.99$13,017
Aug 202004,13739.982.39$9,867
Jul 202004,65338.371.83$8,492
Jun 202005,04534.901.69$8,528
May 202005,54716.921.81$10,066
Apr 20201895,94614.751.80$13,517
Mar 202006,46230.341.86$11,995
Feb 202007,10949.881.98$14,081
Jan 202008,04957.252.09$16,861
Dec 201908,08159.012.30$18,622
Nov 201907,51955.302.75$20,683
Oct 20191816,69153.472.42$25,861
Sep 201909,27955.052.66$24,657
Aug 2019011,08153.112.30$25,535
Jul 2019011,71856.272.46$28,827
Jun 2019010,11352.782.49$25,194
May 2019011,21558.482.74$30,733
Apr 20191879,30162.632.75$37,296
Mar 2019011,17356.803.06$34,213
Feb 201909,98850.852.79$27,889
Jan 2019011,97746.033.23$38,664
Dec 2018012,68846.594.19$53,105
Nov 2018012,49352.934.24$52,936
Oct 201818410,39661.443.40$46,631
Sep 2018011,11759.543.11$34,552
Aug 2018010,75759.403.07$32,987
Jul 2018011,71965.142.93$34,359
Jun 2018011,57060.183.08$35,600
May 2018011,28165.382.90$32,724
Apr 2018012,30263.842.90$35,686
Mar 2018113,33061.222.79$37,210
Feb 2018010,50061.782.77$29,044
Jan 2018012,57962.874.01$50,433
Dec 2017013,16857.272.92$38,471
Nov 201716413,17355.423.12$50,167
Oct 2017013,94849.292.98$41,616
Sep 2017013,14547.523.09$40,582
Aug 2017013,51945.373.00$40,616
Jul 2017014,14843.873.09$43,679
Jun 2017013,78742.493.09$42,564
May 2017013,71145.373.26$44,744
Apr 2017013,88747.933.21$44,599
Mar 2017014,83546.772.98$44,263
Feb 2017013,18350.452.95$38,924
Jan 2017015,05449.413.42$51,467
Dec 201619115,06448.763.72$65,394
Nov 2016015,00042.492.64$39,665
Oct 2016015,95746.193.09$49,311
Sep 2016015,18841.553.10$47,092
Aug 2016116,23741.442.92$47,524
Jul 2016016,51841.622.92$48,304
Jun 2016016,23845.352.69$43,613
May 2016017,02042.521.99$33,888
Apr 2016016,53736.561.99$32,926
Mar 201618717,58533.011.79$37,721
Feb 2016015,95826.472.06$32,931
Jan 2016017,25027.352.36$40,785
Dec 2015016,73332.362.00$33,490
Nov 2015015,07438.792.17$32,670
Oct 2015017,69043.552.43$42,926
Sep 2015017,85942.992.76$49,263
Aug 201517918,19840.162.87$59,462
Jul 201518718,88648.152.95$64,625
Jun 2015018,46556.152.88$53,232
May 201518919,47155.212.96$67,980
Apr 2015018,87549.822.71$51,087
Mar 201518921,01342.892.93$69,773
Feb 2015016,14544.662.98$48,051
Jan 201519318,82643.433.10$66,754
Dec 2014017,23854.693.59$61,908
Nov 201419217,24070.464.25$86,830
Oct 201419018,24278.303.90$86,038
Sep 2014018,19686.164.05$73,611
Aug 201417716,89589.394.04$83,995
Jul 201419318,76796.564.18$97,075
Jun 2014018,51898.164.74$87,718
May 201418319,39994.734.73$109,026
Apr 201419119,00995.944.81$109,741
Mar 201419420,72695.895.06$123,410
Feb 201419815,82897.406.19$117,292
Jan 2014021,10190.404.86$102,566
Dec 201319021,19891.824.35$109,752
Nov 201319420,73588.853.74$94,750
Oct 201319015,59697.423.78$77,453
Sep 201319321,026104.113.72$98,262
Aug 201318922,741104.253.52$99,811
Jul 201319124,286102.523.72$109,870
Jun 201318917,61094.403.93$87,109
May 201318821,73094.834.15$107,988
Apr 201319222,37993.964.28$113,880
Mar 201318223,74493.623.91$109,946
Feb 201319621,05491.233.42$89,884
Jan 201319623,35291.603.42$97,815
Dec 201219026,87486.773.42$108,400
Nov 201219526,02986.953.62$111,309
Oct 201238528,25689.383.40$130,473
Sep 201219028,21494.672.92$100,327
Aug 201237630,60892.662.91$123,853
Jul 201237031,94285.133.02$127,988
Jun 201219132,76779.822.52$97,787
May 201237933,27591.612.49$117,519
Apr 201238334,033101.652.00$106,889
Mar 201256238,126105.052.22$143,757
Feb 201239138,437101.102.57$138,322
Jan 201239045,08798.092.73$161,527
Dec 201177346,45896.873.24$225,392
Nov 201120350,79895.723.31$187,638
Oct 201138158,66584.983.65$246,419
Sep 201175863,71583.623.99$317,339
Aug 20111,14362,57383.404.15$354,962
Jul 2011412,81494.144.52$58,260
Jun 2011010,89092.904.64$50,528
May 201117824,58898.134.40$125,773
Apr 2011024,302105.964.33$105,307
Mar 2011025,51396.364.06$103,515
Feb 2011023,94285.644.18$100,077
Jan 2011027,59986.504.59$126,646
Dec 201017528,20585.734.35$137,631
Nov 2010027,79280.843.80$105,480
Oct 201018130,29078.103.51$120,420
Sep 2010029,33772.633.98$116,746
Aug 201018531,79573.684.42$154,144
Jul 2010030,41572.554.74$144,060
Jun 201018630,43870.364.91$162,550
May 2010032,06971.124.24$135,819
Apr 201018733,62481.694.12$153,897
Mar 201018538,52378.394.39$183,567
Feb 2010035,93073.585.44$195,544
Jan 201018540,59774.365.96$255,881
Dec 2009044,48771.445.48$243,956
Nov 200936644,82374.593.75$195,453
Oct 20090072.544.11$0
Sep 2009049,55965.543.06$151,886
Aug 200938055,20467.423.22$203,294
Jul 200918559,20661.133.46$216,428
Jun 200936861,99866.163.90$265,829
May 200918873,33254.743.93$298,174
Apr 200955481,46746.773.59$318,173
Mar 200917893,82342.144.06$388,328
Feb 2009527108,25932.814.63$518,855
Jan 20090125,36635.865.37$673,341
Dec 2008019,15537.105.98$114,492

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             0 bbl  × $106.41 =         $0
Gas                3,608 Mcf  × $  3.05 =    $10,989

────────────────────────────────────────────────────
Month total                                  $10,989

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/246130 is the state's own key, not one this site invented.