STILES 18

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 254537District 10Field 86125250CondensateGasSave
Value, all time
$37.4 M
Nov 2009 – May 2026
Value, last 12 filed months
$639 k
at the published price for each month
Months reported
199
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition162,797 bbl$12,442,048
GasProduction6,374,535 Mcf$24,926,246
Total$37,368,294

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 35.4724, -100.0433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47239, -100.04332 · 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
13,200 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 13,200 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-483328791318SL13,200 ftApr 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 (199)

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

199 months

May 20262479,683106.413.05$55,776
Apr 20262039,62798.932.87$47,710
Mar 202625610,32489.753.15$55,491
Feb 20263249,62863.503.75$56,682
Jan 20268510,25559.138.00$87,045
Dec 202519710,28856.664.41$56,567
Nov 202514610,18958.593.93$48,561
Oct 202522710,61159.383.30$48,547
Sep 20257410,36562.743.08$36,535
Aug 202518110,75663.933.01$43,998
Jul 202523510,60466.743.32$50,838
Jun 202527810,33866.483.13$50,826
May 202524710,90660.553.23$50,208
Apr 20251659,86162.363.54$45,228
Mar 202519610,96267.704.27$60,059
Feb 20251819,89970.884.34$55,799
Jan 202533210,98974.324.28$71,693
Dec 202424711,28168.993.12$52,253
Nov 202429311,15069.052.20$44,744
Oct 202434611,43171.372.28$50,773
Sep 202423611,23869.612.36$42,999
Aug 202411911,64475.632.06$33,029
Jul 202418211,69979.932.15$39,660
Jun 202414010,79178.082.63$39,354
May 202416011,96978.812.20$38,923
Apr 202414011,72884.451.66$31,282
Mar 202410811,98880.301.55$27,195
Feb 202415811,33176.091.78$32,233
Jan 202422510,52873.023.30$51,147
Dec 202335511,97071.262.61$56,548
Nov 202339211,76177.892.81$63,553
Oct 202337712,25585.443.09$70,046
Sep 202322612,00789.042.74$52,963
Aug 202350012,74280.522.67$74,318
Jul 202326612,67074.852.64$53,382
Jun 202313011,51168.962.26$34,962
May 202316910,78070.622.23$35,946
Apr 202335910,69278.122.24$51,971
Mar 202313411,10072.852.39$36,326
Feb 202323310,17075.112.47$42,577
Jan 202343711,01676.533.39$70,763
Dec 202225711,29176.415.73$84,324
Nov 202213711,10985.005.65$74,369
Oct 202216311,48787.185.86$81,567
Sep 202220411,82784.888.16$113,867
Aug 202219912,55294.529.13$133,374
Jul 202216512,811101.587.54$113,382
Jun 202214312,336115.097.98$114,865
May 202216412,829109.378.43$126,124
Apr 202218312,832104.226.84$106,812
Mar 202219713,100108.885.08$87,950
Feb 202217811,97191.054.86$74,372
Jan 202223613,46181.844.54$80,396
Dec 202126913,92371.323.90$73,473
Nov 202127613,56477.435.24$92,403
Oct 202130614,30479.795.71$106,147
Sep 202154313,61669.865.35$110,792
Aug 20215514,49466.024.22$64,804
Jul 202133014,37470.783.98$80,596
Jun 202128813,96469.493.38$67,220
May 202143914,55863.483.02$71,799
Apr 202129914,48860.362.76$58,012
Mar 202145716,12361.302.72$71,819
Feb 202127011,71257.805.55$80,584
Jan 202127715,24450.412.81$56,803
Dec 202027214,89744.642.68$51,998
Nov 202044614,78338.772.71$57,303
Oct 202026215,65636.972.48$48,488
Sep 202043315,35437.091.99$46,630
Aug 202024215,90639.982.39$47,613
Jul 202022816,03738.371.83$38,018
Jun 202043315,45834.901.69$41,241
May 202024915,99916.921.81$33,247
Apr 202043715,14014.751.80$33,764
Mar 202024415,37530.341.86$35,943
Feb 202042514,38649.881.98$49,693
Jan 20204815,51557.252.09$35,248
Dec 201945915,33659.012.30$62,425
Nov 201943414,87355.302.75$64,911
Oct 201926515,47053.472.42$51,584
Sep 201923415,18755.052.66$53,238
Aug 201941015,72453.112.30$58,009
Jul 201922615,93056.272.46$51,906
Jun 201940915,50152.782.49$60,203
May 201920216,03458.482.74$55,751
Apr 201939615,71562.632.75$68,029
Mar 201941513,73756.803.06$65,636
Feb 201941514,83750.852.79$62,531
Jan 201941115,90546.033.23$70,263
Dec 201822216,36546.594.19$78,838
Nov 201842115,71652.934.24$88,876
Oct 201841516,96261.443.40$83,136
Sep 201821615,59459.543.11$61,327
Aug 201838617,19959.403.07$75,670
Jul 201839017,26265.142.93$76,015
Jun 201838117,03660.183.08$75,347
May 201839617,85665.382.90$77,687
Apr 201821417,85863.842.90$65,464
Mar 201841118,05761.222.79$75,483
Feb 201840616,17361.782.77$69,819
Jan 201841417,90762.874.01$97,823
Dec 201722517,68657.272.92$64,556
Nov 201740616,30555.423.12$73,345
Oct 201737417,35849.292.98$70,225
Sep 201755217,19747.523.09$79,323
Aug 201764918,08445.373.00$83,777
Jul 201759218,73543.873.09$83,811
Jun 201755818,30942.493.09$80,234
May 201728418,99345.373.26$74,867
Apr 201747518,69047.933.21$82,792
Mar 201755719,10646.772.98$83,057
Feb 201776117,78350.452.95$90,899
Jan 201754120,00449.413.42$95,120
Dec 201651819,63648.763.72$98,359
Nov 201682019,65542.492.64$86,817
Oct 20161,01620,34146.193.09$109,788
Sep 201667319,89241.553.10$89,641
Aug 201679920,99641.442.92$94,510
Jul 201676821,72641.622.92$95,498
Jun 201631321,33945.352.69$71,507
May 201641722,34742.521.99$62,225
Apr 201661822,33436.561.99$67,062
Mar 201644423,48033.011.79$56,780
Feb 201660822,88726.472.06$63,324
Jan 201662324,50027.352.36$74,966
Dec 201542625,61132.362.00$65,043
Nov 201562624,75538.792.17$77,935
Oct 201563726,36243.552.43$91,711
Sep 201558526,25342.992.76$97,566
Aug 201575928,20440.162.87$111,497
Jul 201556828,70548.152.95$111,888
Jun 201557928,52256.152.88$114,736
May 201580130,36255.212.96$133,957
Apr 201577929,77349.822.71$119,392
Mar 201577031,65742.892.93$125,929
Feb 201576528,79444.662.98$119,861
Jan 201594730,89343.433.10$136,916
Dec 201477230,54554.693.59$151,919
Nov 201497830,04370.464.25$196,648
Oct 201498530,03778.303.90$194,299
Sep 201496229,94186.164.05$204,010
Aug 20141,13533,53589.394.04$236,775
Jul 201495038,95996.564.18$254,565
Jun 20141,12339,21498.164.74$295,986
May 20141,32341,99194.734.73$323,801
Apr 20141,10039,16995.944.81$293,902
Mar 20142,26038,29595.895.06$410,362
Feb 201479942,11097.406.19$338,568
Jan 20141,94047,26090.404.86$405,094
Dec 20131,76453,63291.824.35$395,510
Nov 20132,15662,56388.853.74$425,439
Oct 20132,51355,83897.423.78$455,848
Sep 20131,72755,271104.113.72$385,281
Aug 20131,94059,282104.253.52$411,072
Jul 20131,69047,892102.523.72$351,309
Jun 20132,47571,16694.403.93$513,565
May 20134,19698,03294.834.15$804,649
Apr 20134,585104,25193.964.28$877,271
Mar 20138,052149,37493.623.91$1,338,309
Feb 201392134,03991.233.42$200,433
Jan 201319630,75691.603.42$123,136
Dec 201237530,15586.773.42$135,674
Nov 201239130,29086.953.62$143,797
Oct 201255331,50589.383.40$156,534
Sep 201256527,28894.672.92$133,126
Aug 201237631,35292.662.91$126,017
Jul 201256231,93485.133.02$144,309
Jun 201254731,89579.822.52$124,006
May 201275036,49491.612.49$159,516
Apr 201257535,393101.652.00$129,121
Mar 201273138,967105.052.22$163,379
Feb 201275239,155101.102.57$176,665
Jan 201297742,57998.092.73$212,248
Dec 201156640,34796.873.24$185,542
Nov 201195940,16995.723.31$224,806
Oct 201193042,28984.983.65$233,325
Sep 201176545,33483.623.99$244,662
Aug 20111,11148,91183.404.15$295,605
Jul 20111,32652,71794.144.52$362,965
Jun 201194054,44592.904.64$339,944
May 20111,13659,78298.134.40$374,805
Apr 20111,32057,584105.964.33$389,395
Mar 201176348,86396.364.06$271,776
Feb 201193965,25685.644.18$353,185
Jan 20111,90477,40386.504.59$519,881
Dec 20101,69278,35685.734.35$485,727
Nov 20101,64480,18780.843.80$437,237
Oct 20101,33074,58578.103.51$365,584
Sep 20101,77988,62172.633.98$481,873
Aug 20102,29396,06973.684.42$593,512
Jul 20102,634106,59172.554.74$695,964
Jun 20102,649116,14270.364.91$756,687
May 20104,101156,26871.124.24$953,492
Apr 20104,027173,69281.694.12$1,045,044
Mar 20104,803199,84378.394.39$1,253,552
Feb 20105,674199,31673.585.44$1,502,242
Jan 20105,802251,43474.365.96$1,931,012
Dec 20097,178231,34771.445.48$1,781,445
Nov 20091,19560,06174.593.75$314,454

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           247 bbl  × $106.41 =    $26,283
Gas                9,683 Mcf  × $  3.05 =    $29,493

────────────────────────────────────────────────────
Month total                                  $55,776

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/254537 is the state's own key, not one this site invented.