STILES 3

Name: STILES 3 lease production and value, Jul 2010 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 258760District 10Field 861252502 tax incentive programmesCondensateGasSave Export

Value, all time

$43.7 M

Jul 2010 – May 2026

Value, last 12 filed months

$1.1 M

at the published price for each month

Months reported

191

no gaps in the span

Streams

condensate, gas

The STILES RANCH (GRANITE WASH CONS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2011-05-25	201518
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	205,237 bbl	$15,043,359
Gas	Production	7,862,885 Mcf	$28,613,742
Total			$43,657,101

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 35.4457, -100.0573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44566, -100.05726 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

13,237 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 13,237 ft.

Completions filed

Jul 2010

1 of 1 wells

1 well


42-48333003	1803SL	13,237 ft	Jul 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 (191)

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

191 months


May 2026	402	16,964	106.41	3.05	$94,446
Apr 2026	333	17,568	98.93	2.87	$83,359
Mar 2026	357	17,032	89.75	3.15	$85,682
Feb 2026	597	16,559	63.50	3.75	$100,011
Jan 2026	217	16,928	59.13	8.00	$148,220
Dec 2025	439	17,410	56.66	4.41	$101,710
Nov 2025	376	16,815	58.59	3.93	$88,053
Oct 2025	472	17,293	59.38	3.30	$85,178
Sep 2025	186	16,466	62.74	3.08	$62,334
Aug 2025	429	18,281	63.93	3.01	$82,539
Jul 2025	414	17,278	66.74	3.32	$84,910
Jun 2025	398	16,295	66.48	3.13	$77,442
May 2025	556	16,718	60.55	3.23	$87,704
Apr 2025	689	15,936	62.36	3.54	$99,429
Mar 2025	932	16,660	67.70	4.27	$134,207
Feb 2025	422	14,775	70.88	4.34	$94,047
Jan 2025	494	15,738	74.32	4.28	$104,052
Dec 2024	372	16,216	68.99	3.12	$76,280
Nov 2024	370	15,539	69.05	2.20	$59,710
Oct 2024	315	15,521	71.37	2.28	$57,891
Sep 2024	298	15,352	69.61	2.36	$57,041
Aug 2024	307	16,024	75.63	2.06	$56,286
Jul 2024	313	15,729	79.93	2.15	$58,782
Jun 2024	349	14,253	78.08	2.63	$64,792
May 2024	369	15,472	78.81	2.20	$63,095
Apr 2024	283	15,720	84.45	1.66	$49,982
Mar 2024	397	16,144	80.30	1.55	$56,824
Feb 2024	437	14,801	76.09	1.78	$59,651
Jan 2024	422	16,821	73.02	3.30	$86,284
Dec 2023	415	15,617	71.26	2.61	$70,345
Nov 2023	352	15,493	77.89	2.81	$70,915
Oct 2023	361	16,580	85.44	3.09	$82,031
Sep 2023	220	15,770	89.04	2.74	$62,720
Aug 2023	333	17,485	80.52	2.67	$73,548
Jul 2023	346	16,931	74.85	2.64	$70,626
Jun 2023	322	15,273	68.96	2.26	$56,699
May 2023	385	16,905	70.62	2.23	$64,843
Apr 2023	303	17,168	78.12	2.24	$62,088
Mar 2023	330	17,557	72.85	2.39	$66,057
Feb 2023	310	16,642	75.11	2.47	$64,318
Jan 2023	469	18,390	76.53	3.39	$98,193
Dec 2022	415	17,580	76.41	5.73	$132,427
Nov 2022	281	18,606	85.00	5.65	$128,938
Oct 2022	331	18,545	87.18	5.86	$137,600
Sep 2022	285	18,386	84.88	8.16	$174,288
Aug 2022	247	19,121	94.52	9.13	$197,867
Jul 2022	249	18,989	101.58	7.54	$168,510
Jun 2022	308	17,364	115.09	7.98	$173,964
May 2022	145	18,653	109.37	8.43	$173,160
Apr 2022	145	17,719	104.22	6.84	$136,267
Mar 2022	265	16,988	108.88	5.08	$115,091
Feb 2022	340	15,965	91.05	4.86	$108,528
Jan 2022	333	18,175	81.84	4.54	$109,725
Dec 2021	331	18,636	71.32	3.90	$96,271
Nov 2021	300	17,722	77.43	5.24	$116,036
Oct 2021	308	18,861	79.79	5.71	$132,345
Sep 2021	216	18,041	69.86	5.35	$111,626
Aug 2021	246	18,767	66.02	4.22	$95,449
Jul 2021	572	20,083	70.78	3.98	$120,458
Jun 2021	427	20,938	69.49	3.38	$100,456
May 2021	259	22,305	63.48	3.02	$83,750
Apr 2021	462	21,679	60.36	2.76	$87,686
Mar 2021	528	25,228	61.30	2.72	$100,909
Feb 2021	345	16,042	57.80	5.55	$108,941
Jan 2021	834	24,729	50.41	2.81	$111,537
Dec 2020	402	24,484	44.64	2.68	$83,451
Nov 2020	564	23,888	38.77	2.71	$86,521
Oct 2020	524	24,785	36.97	2.48	$80,800
Sep 2020	564	23,855	37.09	1.99	$68,415
Aug 2020	659	24,405	39.98	2.39	$84,555
Jul 2020	766	24,498	38.37	1.83	$74,103
Jun 2020	304	24,143	34.90	1.69	$51,419
May 2020	703	25,315	16.92	1.81	$57,835
Apr 2020	917	25,117	14.75	1.80	$58,846
Mar 2020	855	26,269	30.34	1.86	$74,702
Feb 2020	940	24,378	49.88	1.98	$95,172
Jan 2020	999	26,319	57.25	2.09	$112,324
Dec 2019	860	25,642	59.01	2.30	$109,837
Nov 2019	882	25,241	55.30	2.75	$118,205
Oct 2019	861	25,465	53.47	2.42	$107,626
Sep 2019	677	25,218	55.05	2.66	$104,280
Aug 2019	589	26,143	53.11	2.30	$91,525
Jul 2019	661	26,309	56.27	2.46	$101,916
Jun 2019	721	24,916	52.78	2.49	$100,125
May 2019	707	27,014	58.48	2.74	$115,372
Apr 2019	1,087	26,343	62.63	2.75	$140,541
Mar 2019	830	26,243	56.80	3.06	$127,503
Feb 2019	642	24,807	50.85	2.79	$101,912
Jan 2019	768	28,736	46.03	3.23	$128,116
Dec 2018	677	29,501	46.59	4.19	$155,016
Nov 2018	646	26,721	52.93	4.24	$147,416
Oct 2018	642	25,513	61.44	3.40	$126,140
Sep 2018	483	27,011	59.54	3.11	$112,708
Aug 2018	577	28,048	59.40	3.07	$120,285
Jul 2018	515	26,575	65.14	2.93	$111,462
Jun 2018	526	26,950	60.18	3.08	$114,578
May 2018	668	27,896	65.38	2.90	$124,595
Apr 2018	654	26,500	63.84	2.90	$118,623
Mar 2018	1,025	28,026	61.22	2.79	$140,854
Feb 2018	758	25,881	61.78	2.77	$118,419
Jan 2018	983	30,083	62.87	4.01	$182,414
Dec 2017	977	31,121	57.27	2.92	$146,873
Nov 2017	761	30,659	55.42	3.12	$137,780
Oct 2017	764	31,039	49.29	2.98	$130,268
Sep 2017	606	32,403	47.52	3.09	$128,834
Aug 2017	795	33,266	45.37	3.00	$136,014
Jul 2017	530	31,335	43.87	3.09	$119,991
Jun 2017	687	31,133	42.49	3.09	$125,307
May 2017	844	32,052	45.37	3.26	$142,891
Apr 2017	439	29,395	47.93	3.21	$115,446
Mar 2017	528	29,359	46.77	2.98	$112,292
Feb 2017	597	28,649	50.45	2.95	$114,708
Jan 2017	656	32,276	49.41	3.42	$142,758
Dec 2016	715	34,726	48.76	3.72	$164,142
Nov 2016	732	34,985	42.49	2.64	$123,615
Oct 2016	822	37,637	46.19	3.09	$154,276
Sep 2016	866	39,187	41.55	3.10	$157,487
Aug 2016	858	42,031	41.44	2.92	$158,468
Jul 2016	898	43,073	41.62	2.92	$163,335
Jun 2016	1,179	42,666	45.35	2.69	$168,061
May 2016	1,290	46,540	42.52	1.99	$147,514
Apr 2016	1,307	47,672	36.56	1.99	$142,701
Mar 2016	1,399	48,084	33.01	1.79	$132,444
Feb 2016	1,547	50,626	26.47	2.06	$145,422
Jan 2016	1,534	51,184	27.35	2.36	$162,972
Dec 2015	1,353	59,803	32.36	2.00	$163,473
Nov 2015	1,282	62,987	38.79	2.17	$186,242
Oct 2015	1,216	63,371	43.55	2.43	$206,732
Sep 2015	1,594	60,605	42.99	2.76	$235,700
Aug 2015	1,935	65,864	40.16	2.87	$266,903
Jul 2015	2,065	64,438	48.15	2.95	$289,205
Jun 2015	1,217	67,150	56.15	2.88	$261,919
May 2015	2,588	73,105	55.21	2.96	$358,942
Apr 2015	2,237	72,993	49.82	2.71	$309,008
Mar 2015	1,378	56,720	42.89	2.93	$225,559
Feb 2015	1,672	56,720	44.66	2.98	$243,481
Jan 2015	1,520	63,888	43.43	3.10	$264,107
Dec 2014	1,740	67,051	54.69	3.59	$335,965
Nov 2014	1,894	70,102	70.46	4.25	$431,514
Oct 2014	2,260	76,817	78.30	3.90	$476,618
Sep 2014	1,720	78,209	86.16	4.05	$464,585
Aug 2014	2,243	84,018	89.39	4.04	$539,524
Jul 2014	2,265	94,196	96.56	4.18	$612,410
Jun 2014	3,023	98,586	98.16	4.74	$763,728
May 2014	4,095	110,974	94.73	4.73	$912,445
Apr 2014	3,031	120,168	95.94	4.81	$868,696
Mar 2014	4,445	136,477	95.89	5.06	$1,116,368
Feb 2014	5,708	143,714	97.40	6.19	$1,445,836
Jan 2014	9,251	443,447	90.40	4.86	$2,991,762
Dec 2013	9,670	170,282	91.82	4.35	$1,629,389
Nov 2013	204	21,640	88.85	3.74	$99,022
Oct 2013	570	23,447	97.42	3.78	$144,144
Sep 2013	373	22,860	104.11	3.72	$123,821
Aug 2013	764	24,644	104.25	3.52	$166,458
Jul 2013	187	27,630	102.52	3.72	$121,892
Jun 2013	752	27,015	94.40	3.93	$177,250
May 2013	552	29,086	94.83	4.15	$173,026
Apr 2013	574	26,743	93.96	4.28	$168,462
Mar 2013	941	30,680	93.62	3.91	$208,143
Feb 2013	370	29,604	91.23	3.42	$134,998
Jan 2013	576	34,040	91.60	3.42	$169,175
Dec 2012	770	36,354	86.77	3.42	$191,149
Nov 2012	554	37,035	86.95	3.62	$182,421
Oct 2012	1,105	42,057	89.38	3.40	$241,745
Sep 2012	888	44,588	94.67	2.92	$214,193
Aug 2012	713	47,837	92.66	2.91	$205,184
Jul 2012	1,427	49,615	85.13	3.02	$271,358
Jun 2012	905	49,637	79.82	2.52	$197,275
May 2012	904	51,131	91.61	2.49	$210,046
Apr 2012	902	51,519	101.65	2.00	$194,561
Mar 2012	909	48,064	105.05	2.22	$202,293
Feb 2012	1,092	52,556	101.10	2.57	$245,483
Jan 2012	753	59,569	98.09	2.73	$236,728
Dec 2011	1,303	60,294	96.87	3.24	$321,558
Nov 2011	1,665	54,471	95.72	3.31	$339,743
Oct 2011	1,463	56,754	84.98	3.65	$331,395
Sep 2011	1,998	60,311	83.62	3.99	$407,460
Aug 2011	1,273	66,554	83.40	4.15	$382,322
Jul 2011	1,793	71,550	94.14	4.52	$492,002
Jun 2011	1,946	73,227	92.90	4.64	$520,548
May 2011	2,318	80,523	98.13	4.40	$582,155
Apr 2011	2,356	86,368	105.96	4.33	$623,898
Mar 2011	2,504	92,125	96.36	4.06	$615,068
Feb 2011	1,977	82,716	85.64	4.18	$515,062
Jan 2011	3,099	95,455	86.50	4.59	$706,085
Dec 2010	3,820	108,160	85.73	4.35	$797,741
Nov 2010	3,516	123,131	80.84	3.80	$751,556
Oct 2010	4,475	154,586	78.10	3.51	$891,923
Sep 2010	4,733	145,781	72.63	3.98	$923,889
Aug 2010	5,521	140,591	73.68	4.42	$1,028,110
Jul 2010	60	20,675	72.55	4.74	$102,280

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           402 bbl  × $106.41 =    $42,777
Gas               16,964 Mcf  × $  3.05 =    $51,670

────────────────────────────────────────────────────
Month total                                  $94,446

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/258760 is the state's own key, not one this site invented.