STILES 17

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 246131District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Dec 2008 – May 2026
Value, last 12 filed months
$97 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 Gas112009-05-13191596
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
CondensateDisposition16,584 bbl$1,234,664
GasProduction1,197,019 Mcf$4,527,450
Total$5,762,114

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 35.4645, -100.0701. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46449, -100.07011 · 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
16,595 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 16,595 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-48332689101716,595 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 (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 2026851,301106.413.05$13,007
Apr 202691,50298.932.87$5,201
Mar 202681,59389.753.15$5,735
Feb 202671,49463.503.75$6,047
Jan 2026101,60959.138.00$13,460
Dec 202591,62056.664.41$7,660
Nov 2025971,59258.593.93$11,934
Oct 2025131,65959.383.30$6,255
Sep 202591,62062.743.08$5,549
Aug 202591,84563.933.01$6,138
Jul 2025791,62966.743.32$10,673
Jun 2025101,59466.483.13$5,652
May 2025131,67260.553.23$6,192
Apr 2025121,54862.363.54$6,233
Mar 202581,62667.704.27$7,482
Feb 202561,30270.884.34$6,077
Jan 2025951,63574.324.28$14,056
Dec 202481,58868.993.12$5,509
Nov 202491,39269.052.20$3,682
Oct 2024111,52371.372.28$4,260
Sep 202491,58669.612.36$4,376
Aug 20241021,62675.632.06$11,070
Jul 202481,62179.932.15$4,119
Jun 202441,16978.082.63$3,391
May 202481,42878.812.20$3,770
Apr 202481,56684.451.66$3,274
Mar 202491,57780.301.55$3,159
Feb 202491,43676.091.78$3,246
Jan 202461,35473.023.30$4,903
Dec 202391,53371.262.61$4,644
Nov 2023121,48877.892.81$5,112
Oct 20231471,60085.443.09$17,499
Sep 202371,53289.042.74$4,813
Aug 202351,37780.522.67$4,083
Jul 202381,48174.852.64$4,511
Jun 202381,69868.962.26$4,387
May 202391,75170.622.23$4,536
Apr 202371,66778.122.24$4,277
Mar 202371,73072.852.39$4,650
Feb 20231691,62475.112.47$16,698
Jan 202391,67176.533.39$6,350
Dec 202291,73876.415.73$10,645
Nov 202271,64185.005.65$9,860
Oct 202292,37687.185.86$14,717
Sep 202281,84284.888.16$15,717
Aug 202271,92394.529.13$18,213
Jul 202241,878101.587.54$14,570
Jun 202261,883115.097.98$15,712
May 202261,691109.378.43$14,916
Apr 20221931,876104.226.84$32,942
Mar 202262,010108.885.08$10,857
Feb 2022101,79191.054.86$9,613
Jan 202262,13681.844.54$10,184
Dec 2021112,11371.323.90$9,023
Nov 2021111,97777.435.24$11,205
Oct 2021102,16079.795.71$13,140
Sep 202182,08769.865.35$11,726
Aug 202182,18266.024.22$9,737
Jul 202182,16070.783.98$9,168
Jun 202182,12169.493.38$7,726
May 20211922,11563.483.02$18,571
Apr 2021122,06560.362.76$6,420
Mar 2021122,43561.302.72$7,351
Feb 202171,43657.805.55$8,371
Jan 2021132,09550.412.81$6,543
Dec 2020102,06344.642.68$5,966
Nov 202062,15338.772.71$6,060
Oct 202062,22536.972.48$5,736
Sep 202062,20737.091.99$4,617
Aug 202042,26539.982.39$5,562
Jul 20201872,26738.371.83$11,313
Jun 2020112,18234.901.69$4,072
May 202052,28916.921.81$4,239
Apr 202052,23114.751.80$4,099
Mar 202042,21730.341.86$4,237
Feb 202042,07349.881.98$4,305
Jan 202052,24257.252.09$4,983
Dec 201962,30359.012.30$5,661
Nov 20191932,20055.302.75$16,724
Oct 201962,48853.472.42$6,338
Sep 201952,43955.052.66$6,756
Aug 201942,41053.112.30$5,766
Jul 201942,37056.272.46$6,055
Jun 201932,51052.782.49$6,411
May 201922,31558.482.74$6,461
Apr 201922,35562.632.75$6,603
Mar 201932,58056.803.06$8,071
Feb 20191722,44150.852.79$15,562
Jan 201932,71746.033.23$8,909
Dec 201832,56546.594.19$10,875
Nov 201842,54852.934.24$11,008
Oct 201832,48761.443.40$8,635
Sep 201832,93259.543.11$9,291
Aug 20181843,11059.403.07$20,467
Jul 201823,02065.142.93$8,985
Jun 201823,20160.183.08$9,970
May 201843,36065.382.90$10,008
Apr 201843,25163.842.90$9,686
Mar 201853,44961.222.79$9,918
Feb 201843,23461.782.77$9,193
Jan 20181943,71962.874.01$27,107
Dec 201743,68657.272.92$10,998
Nov 201733,56855.423.12$11,293
Oct 201763,67349.292.98$11,255
Sep 201733,50147.523.09$10,951
Aug 20171873,81245.373.00$19,937
Jul 201723,84143.873.09$11,946
Jun 201743,65742.493.09$11,460
May 20171953,96345.373.26$21,780
Apr 201763,87247.933.21$12,723
Mar 201764,02046.772.98$12,275
Feb 201763,70350.452.95$11,236
Jan 201744,09949.413.42$14,211
Dec 20161894,02148.763.72$24,185
Nov 201643,93742.492.64$10,581
Oct 201654,05846.193.09$12,771
Sep 20161873,94641.553.10$20,005
Aug 201624,01141.442.92$11,812
Jul 201614,14841.622.92$12,172
Jun 201624,20745.352.69$11,390
May 20161904,21542.521.99$16,471
Apr 201674,12236.561.99$8,463
Mar 20161994,40433.011.79$14,470
Feb 201644,48926.472.06$9,370
Jan 201664,43727.352.36$10,655
Dec 20151974,82932.362.00$16,040
Nov 201584,72338.792.17$10,547
Oct 2015115,30343.552.43$13,347
Sep 20151905,42142.992.76$23,121
Aug 201525,65240.162.87$16,316
Jul 201515,86948.152.95$17,333
Jun 20151915,52256.152.88$26,644
May 20151905,70055.212.96$27,336
Apr 201535,58749.822.71$15,271
Mar 201504,66642.892.93$13,693
Feb 20151934,47044.662.98$21,923
Jan 201504,41443.433.10$13,686
Dec 201404,80054.693.59$17,239
Nov 20141914,81070.464.25$33,909
Oct 201404,98078.303.90$19,427
Sep 201404,95486.164.05$20,041
Aug 20141915,32689.394.04$38,565
Jul 201405,33796.564.18$22,307
Jun 201405,02198.164.74$23,784
May 20141905,49594.734.73$43,971
Apr 201405,23395.944.81$25,166
Mar 20141805,55195.895.06$45,331
Feb 201405,33897.406.19$33,053
Jan 20141915,83090.404.86$45,604
Dec 20131346,26891.824.35$39,598
Nov 201365,70188.853.74$21,845
Oct 20131755,88997.423.78$39,305
Sep 201325,893104.113.72$22,117
Aug 201326,180104.253.52$21,978
Jul 20131906,553102.523.72$43,841
Jun 20131916,71394.403.93$44,435
May 201316,80694.834.15$28,333
Apr 20131877,03993.964.28$47,716
Mar 20131877,42293.623.91$46,548
Feb 201316,79791.233.42$23,336
Jan 20131917,17391.603.42$42,027
Dec 20121877,70486.773.42$42,575
Nov 201217,64986.953.62$27,814
Oct 20121847,90189.383.40$43,307
Sep 20121907,95794.672.92$41,209
Aug 201208,57892.662.91$24,946
Jul 20121818,87485.133.02$42,215
Jun 20121889,08279.822.52$37,884
May 20121919,38391.612.49$40,845
Apr 201209,377101.652.00$18,724
Mar 20121908,957105.052.22$39,863
Feb 20121919,293101.102.57$43,195
Jan 2012110,62898.092.73$29,156
Dec 2011011,13496.873.24$36,071
Nov 201119510,93095.723.31$54,858
Oct 201118911,61384.983.65$58,432
Sep 201119011,72583.623.99$62,621
Aug 201137312,54583.404.15$83,161
Jul 201119013,00194.144.52$76,615
Jun 201118712,17692.904.64$73,867
May 201119214,49198.134.40$82,671
Apr 201119214,956105.964.33$85,153
Mar 201137316,58196.364.06$103,217
Feb 201138915,84785.644.18$99,554
Jan 201120419,10686.504.59$105,319
Dec 201075421,51385.734.35$158,174
Nov 201018424,53980.843.80$108,008
Oct 201072432,69978.103.51$171,282
Sep 20101,29349,38472.633.98$290,433
Aug 201071836,95573.684.42$216,220
Jul 20101744,16672.554.74$32,356
Jun 201007,17470.364.91$35,227
May 201007,68071.124.24$32,526
Apr 201007,40481.694.12$30,524
Mar 20101898,12978.394.39$50,491
Feb 201007,90773.585.44$43,033
Jan 201008,23074.365.96$49,084
Dec 200908,76671.445.48$48,071
Nov 200908,85574.593.75$33,220
Oct 20091819,99872.544.11$54,224
Sep 2009010,35565.543.06$31,735
Aug 2009011,82667.423.22$38,062
Jul 200917812,59961.133.46$54,530
Jun 2009013,21566.163.90$51,472
May 2009015,40654.743.93$60,480
Apr 200917717,31246.773.59$70,385
Mar 200918920,13442.144.06$89,688
Feb 200935020,84532.814.63$108,058
Jan 200917131,77635.865.37$176,801
Dec 2008028,00137.105.98$167,366

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            85 bbl  × $106.41 =     $9,045
Gas                1,301 Mcf  × $  3.05 =     $3,963

────────────────────────────────────────────────────
Month total                                  $13,007

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/246131 is the state's own key, not one this site invented.