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STILES 4

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 262117District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.1 M
Sep 2010 – May 2026
Value, last 12 filed months
$410 k
at the published price for each month
Months reported
189
no gaps in the span
Streams
2
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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-03-13205252
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
CondensateDisposition82,426 bbl$6,433,830
GasProduction3,757,269 Mcf$13,648,431
Total$20,082,260

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 35.4579, -100.0625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45788, -100.06246 · 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
13,244 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 13,244 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-483329931404H13,244 ftMar 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 (189)

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

189 months

May 20261186,400106.413.05$32,050
Apr 20261846,18798.932.87$35,958
Mar 20261097,06489.753.15$32,030
Feb 20261356,62063.503.75$33,400
Jan 2026997,07359.138.00$62,423
Dec 20251237,39456.664.41$39,602
Nov 2025897,16458.593.93$33,344
Oct 20251267,58559.383.30$32,549
Sep 2025827,20862.743.08$27,323
Aug 2025637,46763.933.01$26,539
Jul 2025796,55366.743.32$26,997
Jun 2025797,12166.483.13$27,532
May 2025997,40660.553.23$29,933
Apr 2025977,13662.363.54$31,333
Mar 2025867,38867.704.27$37,357
Feb 2025756,35770.884.34$32,911
Jan 2025957,44474.324.28$38,911
Dec 2024787,76168.993.12$29,606
Nov 20241007,53769.052.20$23,475
Oct 20241127,56071.372.28$25,241
Sep 20241087,14169.612.36$24,402
Aug 2024687,36675.632.06$20,344
Jul 2024806,90879.932.15$21,223
Jun 2024736,23978.082.63$22,133
May 2024757,02178.812.20$21,346
Apr 2024977,38784.451.66$20,448
Mar 2024977,76480.301.55$19,785
Feb 2024967,31376.091.78$20,348
Jan 2024927,15173.023.30$30,299
Dec 2023997,78971.262.61$27,390
Nov 2023968,02777.892.81$30,014
Oct 20231288,66685.443.09$37,691
Sep 20231177,58589.042.74$31,163
Aug 2023918,36080.522.67$29,673
Jul 2023648,51974.852.64$27,296
Jun 2023808,34068.962.26$24,353
May 2023758,57970.622.23$24,405
Apr 2023728,32678.122.24$24,256
Mar 20231118,51172.852.39$28,455
Feb 20231537,65875.112.47$30,374
Jan 20231248,03076.533.39$36,693
Dec 20221387,98576.415.73$56,291
Nov 20221228,01585.005.65$55,624
Oct 20221368,18187.185.86$59,828
Sep 20221598,12584.888.16$79,826
Aug 20221828,41394.529.13$93,989
Jul 20221758,372101.587.54$80,919
Jun 2022828,410115.097.98$76,526
May 2022988,575109.378.43$83,032
Apr 2022648,461104.226.84$64,523
Mar 2022828,463108.885.08$51,890
Feb 2022677,35691.054.86$41,842
Jan 2022878,36781.844.54$45,087
Dec 2021778,80971.323.90$39,839
Nov 20211048,78877.435.24$54,074
Oct 20212918,71579.795.71$73,015
Sep 20213028,48769.865.35$66,511
Aug 20212787,74666.024.22$51,046
Jul 20212648,46570.783.98$52,394
Jun 20212738,58969.493.38$48,007
May 20212329,16863.483.02$42,393
Apr 20213019,10460.362.76$43,281
Mar 20213869,79361.302.72$50,269
Feb 2021917,74757.805.55$48,240
Jan 20211778,58050.412.81$33,035
Dec 20201618,12044.642.68$28,912
Nov 20201237,80638.772.71$25,896
Oct 20202508,90436.972.48$31,310
Sep 20202608,91237.091.99$27,388
Aug 20203078,89239.982.39$33,482
Jul 20203648,79138.371.83$30,011
Jun 20203098,49134.901.69$25,137
May 20204008,86516.921.81$22,856
Apr 20203868,54014.751.80$21,103
Mar 20202289,26130.341.86$24,108
Feb 20201868,31049.881.98$25,737
Jan 20201689,20757.252.09$28,904
Dec 20192219,25059.012.30$34,357
Nov 20191499,29355.302.75$33,802
Oct 20192279,54953.472.42$35,232
Sep 20193018,88055.052.66$40,167
Aug 20193179,25853.112.30$38,170
Jul 20192749,20456.272.46$38,060
Jun 20192358,91852.782.49$34,620
May 20192529,19758.482.74$39,940
Apr 20192178,87362.632.75$37,998
Mar 20192049,30556.803.06$40,080
Feb 20191408,39450.852.79$30,557
Jan 20191349,58846.033.23$37,120
Dec 20181459,77546.594.19$47,668
Nov 20181269,58352.934.24$47,275
Oct 201812910,02661.443.40$41,995
Sep 20181369,69159.543.11$38,217
Aug 20181389,85659.403.07$38,421
Jul 20181919,62165.142.93$40,649
Jun 20182419,39560.183.08$43,411
May 20182289,83265.382.90$43,427
Apr 20182229,85163.842.90$42,748
Mar 201822510,12961.222.79$42,002
Feb 20181539,49561.782.77$35,717
Jan 201817310,81062.874.01$54,217
Dec 201721610,85557.272.92$44,083
Nov 201721010,78155.423.12$45,257
Oct 201725210,88249.292.98$44,889
Sep 201729510,52747.523.09$46,518
Aug 201722310,68445.373.00$42,217
Jul 201722810,88543.873.09$43,607
Jun 201725510,72242.493.09$43,937
May 201725110,97545.373.26$47,204
Apr 201720311,04047.933.21$45,186
Mar 201723911,40446.772.98$45,204
Feb 201723510,67050.452.95$43,360
Jan 201726311,68649.413.42$52,947
Dec 201623611,91348.763.72$55,857
Nov 201629212,06542.492.64$44,311
Oct 201625511,69346.193.09$47,913
Sep 201627611,07841.553.10$45,817
Aug 201626311,53441.442.92$44,628
Jul 201622411,06341.622.92$41,675
Jun 201622810,88245.352.69$39,567
May 201621612,61142.521.99$34,293
Apr 201626912,61836.561.99$34,958
Mar 201626512,57033.011.79$31,298
Feb 201633011,06126.472.06$31,561
Jan 201621212,36327.352.36$35,029
Dec 201520612,18232.362.00$31,047
Nov 201515312,22538.792.17$32,430
Oct 201521912,42143.552.43$39,678
Sep 201526012,80042.992.76$46,485
Aug 201521612,75540.162.87$45,313
Jul 201524813,42948.152.95$51,491
Jun 201519213,17556.152.88$48,762
May 201530114,60555.212.96$59,783
Apr 201540314,30749.822.71$58,800
Mar 201526517,51342.892.93$62,761
Feb 201526116,54144.662.98$60,885
Jan 201514820,34643.433.10$69,513
Dec 201418517,53254.693.59$73,081
Nov 201435717,88170.464.25$101,181
Oct 201419920,10678.303.90$94,014
Sep 201438519,30286.164.05$111,257
Aug 201438118,87289.394.04$110,208
Jul 201437917,68596.564.18$110,512
Jun 201438019,62898.164.74$130,276
May 201437722,26494.734.73$140,945
Apr 201436222,28995.944.81$141,921
Mar 201436223,04095.895.06$151,221
Feb 201455021,57497.406.19$187,156
Jan 201456724,58690.404.86$170,762
Dec 201337821,24991.824.35$127,236
Nov 201338424,61088.853.74$126,117
Oct 201356453897.423.78$56,978
Sep 201355825,319104.113.72$152,223
Aug 201337326,206104.253.52$131,199
Jul 201337425,987102.523.72$134,955
Jun 201356425,69094.403.93$154,291
May 201355728,07894.834.15$169,318
Apr 201374428,15193.964.28$190,465
Mar 201337829,81993.623.91$152,066
Feb 201358127,38791.233.42$146,666
Jan 201319631,47891.603.42$125,606
Dec 201237131,95786.773.42$141,490
Nov 201255131,82386.953.62$163,267
Oct 201255733,48689.383.40$163,626
Sep 201253634,06894.672.92$150,167
Aug 201253836,49592.662.91$155,984
Jul 201290437,82185.133.02$191,207
Jun 201273138,31279.822.52$154,858
May 201254540,36391.612.49$150,364
Apr 201272840,039101.652.00$153,951
Mar 20121,10843,978105.052.22$214,118
Feb 201237541,115101.102.57$143,588
Jan 20121,11247,43298.092.73$238,759
Dec 201175550,00996.873.24$235,153
Nov 201193951,12495.723.31$259,167
Oct 201194154,84484.983.65$280,067
Sep 20111,09256,14683.623.99$315,100
Aug 20111,09461,03883.404.15$344,506
Jul 20111,62565,78194.144.52$450,126
Jun 20111,25175,26692.904.64$465,443
May 20111,63582,55998.134.40$524,100
Apr 20111,63380,281105.964.33$520,913
Mar 20112,18779,18996.364.06$532,036
Feb 20112,952107,12785.644.18$700,598
Jan 20113,562129,79786.504.59$903,723
Dec 20104,016136,74985.734.35$938,842
Nov 20104,813146,16780.843.80$943,835
Oct 20106,071166,26978.103.51$1,057,565
Sep 20104,749134,21172.633.98$879,009

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           118 bbl  × $106.41 =    $12,556
Gas                6,400 Mcf  × $  3.05 =    $19,493

────────────────────────────────────────────────────
Month total                                  $32,050

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/262117 is the state's own key, not one this site invented.