STILES 68

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 247147District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Aug 2008 – May 2026
Value, last 12 filed months
$48 k
at the published price for each month
Months reported
214
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 Gas112009-06-29191941
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
CondensateDisposition3,048 bbl$203,305
GasProduction1,011,487 Mcf$4,750,425
Total$4,953,730

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 35.4427, -100.0452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44274, -100.04517 · 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
16,905 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 16,905 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-48332542156816,905 ftAug 2008

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 (214)

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

214 months

May 20264934106.413.05$3,270
Apr 2026580598.932.87$2,805
Mar 2026698589.753.15$3,641
Feb 202641,08863.503.75$4,334
Jan 2026576959.138.00$6,446
Dec 202561,08156.664.41$5,111
Nov 202561,12058.593.93$4,749
Oct 2025783959.383.30$3,188
Sep 2025595962.743.08$3,264
Aug 202551,12463.933.01$3,708
Jul 202561,06666.743.32$3,934
Jun 202571,03366.483.13$3,697
May 20258996460.553.23$8,505
Apr 2025797062.363.54$3,873
Mar 202541,07967.704.27$4,876
Feb 2025586070.884.34$4,088
Jan 2025597574.324.28$4,543
Dec 202451,12268.993.12$3,847
Nov 202481,06769.052.20$2,898
Oct 202481,20571.372.28$3,320
Sep 202461,01469.612.36$2,815
Aug 202451,12975.632.06$2,708
Jul 202461,15879.932.15$2,965
Jun 2024387978.082.63$2,550
May 202461,08778.812.20$2,863
Apr 202471,19884.451.66$2,579
Mar 202471,27180.301.55$2,526
Feb 202471,25476.091.78$2,769
Jan 2024486273.023.30$3,135
Dec 202371,21571.262.61$3,671
Nov 202391,12077.892.81$3,845
Oct 202391,26185.443.09$4,662
Sep 202361,26989.042.74$4,005
Aug 202351,39880.522.67$4,139
Jul 202371,46674.852.64$4,397
Jun 202371,46968.962.26$3,800
May 2023701,29970.622.23$7,837
Apr 202351,34878.122.24$3,407
Mar 202361,36372.852.39$3,699
Feb 202371,63475.112.47$4,555
Jan 202351,09576.533.39$4,092
Dec 202261,03776.415.73$6,400
Nov 202251,14085.005.65$6,862
Oct 202241,25687.185.86$7,714
Sep 202261,31984.888.16$11,277
Aug 2022421,33894.529.13$16,182
Jul 202231,294101.587.54$10,064
Jun 202241,376115.097.98$11,437
May 202261,411109.378.43$12,555
Apr 202241,483104.226.84$10,557
Mar 202241,379108.885.08$7,436
Feb 202261,08991.054.86$5,838
Jan 202251,42281.844.54$6,862
Dec 202171,50371.323.90$6,360
Nov 2021441,46377.435.24$11,068
Oct 202171,55879.795.71$9,461
Sep 202161,52669.865.35$8,585
Aug 202161,59866.024.22$7,141
Jul 202151,54570.783.98$6,506
Jun 202161,57369.493.38$5,735
May 202161,61463.483.02$5,251
Apr 202191,57360.362.76$4,882
Mar 202191,75761.302.72$5,325
Feb 202151,18357.805.55$6,852
Jan 202191,60650.412.81$4,967
Dec 202081,58344.642.68$4,592
Nov 202051,67138.772.71$4,717
Oct 202051,74736.972.48$4,515
Sep 202051,71637.091.99$3,602
Aug 202031,80339.982.39$4,420
Jul 202031,63738.371.83$3,103
Jun 202041,77634.901.69$3,142
May 202041,84216.921.81$3,410
Apr 202041,76914.751.80$3,251
Mar 202031,69830.341.86$3,243
Feb 202031,63149.881.98$3,380
Jan 2020831,77457.252.09$8,468
Dec 201951,79059.012.30$4,420
Nov 201941,75655.302.75$5,051
Oct 201951,79953.472.42$4,618
Sep 201941,90355.052.66$5,277
Aug 201931,79053.112.30$4,284
Jul 201931,80756.272.46$4,614
Jun 201921,72352.782.49$4,398
May 20191371,61858.482.74$12,446
Apr 201911,73962.632.75$4,846
Mar 201921,56356.803.06$4,900
Feb 201921,24850.852.79$3,586
Jan 201921,47046.033.23$4,837
Dec 201821,72246.594.19$7,301
Nov 201831,80252.934.24$7,794
Oct 201821,53461.443.40$5,336
Sep 201821,66559.543.11$5,294
Aug 201811,94059.403.07$6,009
Jul 201811,67165.142.93$4,964
Jun 201812,26260.183.08$7,020
May 201822,51265.382.90$7,418
Apr 2018422,34763.842.90$9,489
Mar 201822,04261.222.79$5,813
Feb 201821,60761.782.77$4,569
Jan 201821,67062.874.01$6,821
Dec 201721,63757.272.92$4,897
Nov 201722,48255.423.12$7,851
Oct 201732,43149.292.98$7,401
Sep 201722,54047.523.09$7,937
Aug 201722,09245.373.00$6,376
Jul 201711,72143.873.09$5,357
Jun 201721,90742.493.09$5,972
May 201721,68145.373.26$5,577
Apr 201731,67447.933.21$5,520
Mar 201731,69546.772.98$5,198
Feb 201731,76550.452.95$5,363
Jan 201721,97849.413.42$6,861
Dec 201621,96748.763.72$7,420
Nov 201622,31342.492.64$6,201
Oct 201632,02946.193.09$6,409
Sep 201622,21641.553.10$6,954
Aug 201612,42241.442.92$7,124
Jul 201612,69241.622.92$7,914
Jun 201612,50245.352.69$6,765
May 201632,88142.521.99$5,864
Apr 201652,84836.561.99$5,853
Mar 201652,71833.011.79$5,041
Feb 201622,43026.472.06$5,068
Jan 201632,41127.352.36$5,783
Dec 201532,29032.362.00$4,680
Nov 201531,94738.792.17$4,336
Oct 201552,18943.552.43$5,530
Sep 201522,58442.992.76$7,214
Aug 201512,92240.162.87$8,434
Jul 2015723,03048.152.95$12,390
Jun 201523,01756.152.88$8,810
May 201533,35055.212.96$10,066
Apr 201512,94749.822.71$8,026
Mar 201502,81742.892.93$8,267
Feb 201501,66644.662.98$4,958
Jan 201501,92743.433.10$5,975
Dec 201402,35454.693.59$8,454
Nov 201402,42870.464.25$10,323
Oct 201402,84978.303.90$11,114
Sep 201403,12286.164.05$12,630
Aug 201403,26889.394.04$13,187
Jul 201403,45296.564.18$14,428
Jun 201403,23298.164.74$15,310
May 201403,57594.734.73$16,897
Apr 201403,49995.944.81$16,827
Mar 201402,54995.895.06$12,890
Feb 201402,33397.406.19$14,446
Jan 201402,49290.404.86$12,113
Dec 201304,05591.824.35$17,657
Nov 201303,46788.853.74$12,961
Oct 201303,39297.423.78$12,820
Sep 201303,443104.113.72$12,800
Aug 201303,863104.253.52$13,608
Jul 201303,887102.523.72$14,451
Jun 201304,08094.403.93$16,048
May 201304,15294.834.15$17,227
Apr 201304,12693.964.28$17,670
Mar 201303,95693.623.91$15,479
Feb 201303,76391.233.42$12,869
Jan 201304,17591.603.42$14,278
Dec 20121894,21286.773.42$30,805
Nov 201204,27086.953.62$15,479
Oct 201204,52789.383.40$15,390
Sep 201204,66494.672.92$13,611
Aug 201204,65292.662.91$13,529
Jul 201204,65085.133.02$14,047
Jun 201204,58579.822.52$11,550
May 201205,11991.612.49$12,738
Apr 201205,561101.652.00$11,104
Mar 201204,638105.052.22$10,306
Feb 201204,168101.102.57$10,713
Jan 201204,64798.092.73$12,705
Dec 201105,31796.873.24$17,226
Nov 201105,06195.723.31$16,758
Oct 201105,85384.983.65$21,355
Sep 201105,78583.623.99$23,058
Aug 201106,15883.404.15$25,552
Jul 201106,32294.144.52$28,558
Jun 201106,29292.904.64$29,194
May 201106,88298.134.40$30,314
Apr 201105,138105.964.33$22,264
Mar 201106,93396.364.06$28,130
Feb 201105,81585.644.18$24,307
Jan 201106,77886.504.59$31,103
Dec 201007,38385.734.35$32,099
Nov 201007,30880.843.80$27,736
Oct 201008,23578.103.51$28,896
Sep 201008,48672.633.98$33,770
Aug 201009,17273.684.42$40,534
Jul 20101799,17272.554.74$56,430
Jun 201009,53570.364.91$46,821
May 201009,68571.124.24$41,018
Apr 2010010,80281.694.12$44,533
Mar 2010011,31978.394.39$49,675
Feb 2010010,94173.585.44$59,545
Jan 2010013,46774.365.96$80,318
Dec 2009013,33271.445.48$73,109
Nov 2009011,62674.593.75$43,615
Oct 2009013,88972.544.11$57,087
Sep 200913014,10665.543.06$51,752
Aug 2009014,98667.423.22$48,232
Jul 200919115,02861.133.46$63,740
Jun 2009015,57166.163.90$60,649
May 2009017,49154.743.93$68,665
Apr 2009018,84946.773.59$67,621
Mar 200917821,75842.144.06$95,817
Feb 200917922,28132.814.63$109,101
Jan 200918228,38235.865.37$158,966
Dec 2008033,77837.105.98$201,896
Nov 2008038,41455.496.86$263,534
Oct 200835452,87275.246.92$392,614
Sep 200835080,628101.767.88$670,730
Aug 2008046,230114.228.48$392,170

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             4 bbl  × $106.41 =       $426
Gas                  934 Mcf  × $  3.05 =     $2,845

────────────────────────────────────────────────────
Month total                                   $3,270

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/247147 is the state's own key, not one this site invented.