STILES 16

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 247157District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Oct 2008 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
212
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 Gas112009-06-29191940
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
CondensateDisposition13,761 bbl$1,052,755
GasProduction1,583,699 Mcf$5,986,684
Total$7,039,439

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 35.4722, -100.0791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47217, -100.07906 · 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
16,572 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 16,572 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-48332600701616,572 ftDec 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 (212)

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

212 months

May 2026122,552106.413.05$9,050
Apr 2026172,88198.932.87$9,949
Mar 2026163,11289.753.15$11,237
Feb 2026132,83463.503.75$11,454
Jan 2026192,79559.138.00$23,478
Dec 2025903,05756.664.41$18,591
Nov 2025193,03158.593.93$13,014
Oct 2025243,17359.383.30$11,911
Sep 2025173,08962.743.08$10,571
Aug 2025163,48663.933.01$11,532
Jul 2025173,13666.743.32$11,531
Jun 2025193,06066.483.13$10,837
May 2025253,19860.553.23$11,851
Apr 2025233,09862.363.54$12,411
Mar 2025153,25767.704.27$14,917
Feb 2025163,01570.884.34$14,222
Jan 2025183,47474.324.28$16,202
Dec 2024163,26768.993.12$11,301
Nov 2024233,30869.052.20$8,861
Oct 2024223,30171.372.28$9,101
Sep 2024183,21769.612.36$8,859
Aug 2024133,26075.632.06$7,711
Jul 2024173,24179.932.15$8,316
Jun 202482,38478.082.63$6,904
May 2024163,00178.812.20$7,858
Apr 2024183,25884.451.66$6,926
Mar 2024193,43680.301.55$6,835
Feb 2024183,00176.091.78$6,722
Jan 2024142,93073.023.30$10,684
Dec 2023213,40871.262.61$10,394
Nov 2023273,36877.892.81$11,559
Oct 20231233,51785.443.09$21,367
Sep 2023143,21089.042.74$10,026
Aug 2023123,49180.522.67$10,297
Jul 2023173,50474.852.64$10,529
Jun 2023153,50568.962.26$8,950
May 2023193,66170.622.23$9,496
Apr 2023143,49878.122.24$8,921
Mar 2023153,56572.852.39$9,624
Feb 2023122,64475.112.47$7,421
Jan 2023183,33376.533.39$12,669
Dec 2022183,39976.415.73$20,849
Nov 2022153,47085.005.65$20,867
Oct 2022133,75287.185.86$23,134
Sep 2022173,85684.888.16$32,922
Aug 2022153,91594.529.13$37,151
Jul 202273,853101.587.54$29,771
Jun 2022113,763115.097.98$31,284
May 2022143,778109.378.43$33,391
Apr 202293,755104.226.84$26,613
Mar 20221453,568108.885.08$33,900
Feb 2022183,46691.054.86$18,480
Jan 2022123,70381.844.54$17,785
Dec 2021193,90571.323.90$16,581
Nov 2021203,76577.435.24$21,265
Oct 2021173,94979.795.71$23,921
Sep 2021143,78669.865.35$21,237
Aug 2021153,93966.024.22$17,615
Jul 2021143,96270.783.98$16,768
Jun 20211963,88769.493.38$26,761
May 2021143,94063.483.02$12,778
Apr 2021223,78160.362.76$11,758
Mar 2021164,07461.302.72$12,050
Feb 2021131,44757.805.55$8,779
Jan 2021244,03550.412.81$12,549
Dec 2020193,91444.642.68$11,320
Nov 2020124,04938.772.71$11,424
Oct 2020124,19836.972.48$10,848
Sep 2020114,14437.091.99$8,659
Aug 202084,19839.982.39$10,332
Jul 202074,16538.371.83$7,870
Jun 202094,04534.901.69$7,151
May 2020104,20216.921.81$7,795
Apr 20201344,11714.751.80$9,405
Mar 202094,34730.341.86$8,342
Feb 202084,14049.881.98$8,599
Jan 202094,48757.252.09$9,914
Dec 2019114,40559.012.30$10,800
Nov 2019104,20355.302.75$12,114
Oct 2019114,40253.472.42$11,235
Sep 20191814,20255.052.66$21,130
Aug 201974,32253.112.30$10,331
Jul 201964,35256.272.46$11,044
Jun 201954,22452.782.49$10,787
May 201944,36258.482.74$12,187
Apr 201944,29162.632.75$12,054
Mar 201954,45456.803.06$13,923
Feb 201954,02350.852.79$11,487
Jan 201954,53446.033.23$14,867
Dec 201854,52746.594.19$19,180
Nov 201874,27952.934.24$18,502
Oct 20181914,69161.443.40$27,675
Sep 201854,67659.543.11$14,831
Aug 201844,83259.403.07$15,055
Jul 201834,80465.142.93$14,280
Jun 201844,75660.183.08$14,875
May 201854,96665.382.90$14,732
Apr 201864,81163.842.90$14,339
Mar 201864,97661.222.79$14,235
Feb 201854,49661.782.77$12,745
Jan 20181934,96162.874.01$32,024
Dec 201765,24157.272.92$15,655
Nov 201755,21655.423.12$16,542
Oct 201785,31849.292.98$16,262
Sep 201745,24447.523.09$16,380
Aug 201765,67645.373.00$17,325
Jul 20171856,27143.873.09$27,476
Jun 201756,63742.493.09$20,703
May 201776,85345.373.26$22,682
Apr 20171996,67047.933.21$30,959
Mar 2017107,58346.772.98$23,093
Feb 20171977,12450.452.95$30,973
Jan 201766,92449.413.42$23,968
Dec 201667,07648.763.72$26,635
Nov 201666,99442.492.64$18,750
Oct 201697,42146.193.09$23,349
Sep 20161907,14441.553.10$30,045
Aug 201637,64541.442.92$22,481
Jul 201627,81641.622.92$22,940
Jun 20161867,34745.352.69$28,168
May 201677,53542.521.99$15,300
Apr 2016127,35236.561.99$15,077
Mar 20162017,46133.011.79$20,020
Feb 201667,17626.472.06$14,967
Jan 201696,91127.352.36$16,586
Dec 2015118,00432.362.00$16,375
Nov 20152007,75438.792.17$24,563
Oct 2015148,10843.552.43$20,284
Sep 201557,73542.992.76$21,551
Aug 20151898,14440.162.87$30,984
Jul 201528,25248.152.95$24,399
Jun 20151917,92256.152.88$33,563
May 20151978,33255.212.96$35,501
Apr 201548,05749.822.71$22,006
Mar 201508,38742.892.93$24,613
Feb 201507,56744.662.98$22,521
Jan 20151958,56543.433.10$35,026
Dec 2014010,39954.693.59$37,347
Nov 201404,49270.464.25$19,099
Oct 20141939,21878.303.90$51,071
Sep 20141829,42686.164.05$53,813
Aug 20141869,59289.394.04$55,331
Jul 201418411,40296.564.18$65,423
Jun 201418910,55798.164.74$68,559
May 201409,72994.734.73$45,985
Apr 20141919,15495.944.81$62,347
Mar 20141846,71495.895.06$51,595
Feb 201407,45397.406.19$46,149
Jan 20141978,38090.404.86$58,542
Dec 20131947,78091.824.35$51,691
Nov 20131858,05088.853.74$46,530
Oct 20131878,64997.423.78$50,905
Sep 201347,919104.113.72$29,857
Aug 20131827,191104.253.52$44,305
Jul 201318513,689102.523.72$69,858
Jun 20131856,15894.403.93$41,686
May 201307494.834.15$307
Apr 20131816,36793.964.28$44,274
Mar 20131809,41393.623.91$53,683
Feb 201318,52291.233.42$29,236
Jan 201306,09091.603.42$20,827
Dec 201219,19086.773.42$31,518
Nov 201229,86986.953.62$35,949
Oct 201219010,14089.383.40$51,455
Sep 20121859,90794.672.92$46,427
Aug 201218210,63192.662.91$47,781
Jul 2012210,46385.133.02$31,777
Jun 201218410,07479.822.52$40,064
May 2012010,84891.612.49$26,993
Apr 201218810,234101.652.00$39,545
Mar 2012010,492105.052.22$23,314
Feb 201218610,738101.102.57$46,404
Jan 201219411,98098.092.73$51,784
Dec 2011112,52096.873.24$40,658
Nov 201119812,47795.723.31$60,267
Oct 2011111,17584.983.65$40,857
Sep 201119013,90783.623.99$71,318
Aug 201119116,91383.404.15$86,107
Jul 201118312,71094.144.52$74,642
Jun 201137716,32492.904.64$110,765
May 2011018,09598.134.40$79,705
Apr 201137618,701105.964.33$120,878
Mar 201119121,03596.364.06$103,751
Feb 201139219,75185.644.18$116,130
Jan 201134528,90986.504.59$162,500
Dec 201052334,10885.734.35$193,130
Nov 201064141,73480.843.80$210,213
Oct 201008,30078.103.51$29,124
Sep 201009,49972.633.98$37,801
Aug 2010010,23073.684.42$45,210
Jul 20101809,60972.554.74$58,572
Jun 201009,70270.364.91$47,641
May 2010010,29671.124.24$43,606
Apr 2010010,38981.694.12$42,831
Mar 2010010,94278.394.39$48,021
Feb 2010010,87173.585.44$59,164
Jan 2010010,89774.365.96$64,991
Dec 2009011,47871.445.48$62,942
Nov 200918211,23174.593.75$55,708
Oct 2009012,67772.544.11$52,106
Sep 2009012,19365.543.06$37,369
Aug 2009013,93067.423.22$44,834
Jul 200918714,20361.133.46$60,638
Jun 2009014,65866.163.90$57,093
May 2009016,22054.743.93$63,676
Apr 200918617,12746.773.59$70,142
Mar 2009019,21042.144.06$77,973
Feb 200917418,53632.814.63$91,586
Jan 200902,91835.865.37$15,673
Dec 200815727,31537.105.98$169,090
Nov 2008045,20455.496.86$310,116
Oct 200809,40075.246.92$65,067

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            12 bbl  × $106.41 =     $1,277
Gas                2,552 Mcf  × $  3.05 =     $7,773

────────────────────────────────────────────────────
Month total                                   $9,050

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/247157 is the state's own key, not one this site invented.