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 262294District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.6 M
Mar 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 Gas112012-04-12205554
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
CondensateDisposition39,896 bbl$3,241,663
GasProduction2,076,097 Mcf$7,311,811
Total$10,553,474

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 35.4592, -100.0497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45922, -100.04966 · 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
13,262 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 13,262 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-483330951718H13,262 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 (183)

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

183 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023175074.852.64$13,099
Jun 20234068.962.26$276
May 2023224,06570.622.23$10,608
Apr 2023113,38178.122.24$8,425
Mar 2023102,32972.852.39$6,302
Feb 202391,46575.112.47$4,288
Jan 202392,24476.533.39$8,291
Dec 202281,46476.415.73$8,999
Nov 202292,12085.005.65$12,735
Oct 2022133,44087.185.86$21,305
Sep 2022112,59584.888.16$22,118
Aug 20221982,64594.529.13$42,856
Jul 202252,505101.587.54$19,401
Jun 202272,396115.097.98$19,919
May 202292,348109.378.43$20,785
Apr 20221882,465104.226.84$36,448
Mar 20221882,478108.885.08$33,049
Feb 2022122,86391.054.86$15,003
Jan 202283,39481.844.54$16,056
Dec 2021133,38671.323.90$14,130
Nov 2021143,23277.435.24$18,010
Oct 20211993,08879.795.71$33,523
Sep 2021102,91369.865.35$16,286
Aug 20211932,99566.024.22$25,383
Jul 2021113,15670.783.98$13,346
Jun 2021113,19869.493.38$11,576
May 2021123,20663.483.02$10,436
Apr 20212043,03260.362.76$20,677
Mar 2021173,83261.302.72$11,453
Feb 2021142,49157.805.55$14,629
Jan 20212145,38950.412.81$25,932
Dec 2020235,44944.642.68$15,605
Nov 20202025,55138.772.71$22,856
Oct 20202016,01636.972.48$22,341
Sep 2020104,54737.091.99$9,424
Aug 202084,54039.982.39$11,148
Jul 202074,77338.371.83$8,980
Jun 20201965,60134.901.69$16,308
May 2020115,72016.921.81$10,566
Apr 20201975,36114.751.80$12,579
Mar 2020106,05730.341.86$11,547
Feb 20201945,54149.881.98$20,652
Jan 202084,38157.252.09$9,635
Dec 20192016,20959.012.30$26,169
Nov 2019126,15555.302.75$17,594
Oct 2019125,89453.472.42$14,897
Sep 20191885,74855.052.66$25,623
Aug 201986,26753.112.30$14,866
Jul 20191906,05156.272.46$25,577
Jun 201965,85452.782.49$14,900
May 20191896,25658.482.74$28,196
Apr 20191925,41662.632.75$26,923
Mar 201966,42756.803.06$20,021
Feb 20191896,26550.852.79$27,104
Jan 201976,63846.033.23$21,751
Dec 20181926,85846.594.19$37,649
Nov 201896,61152.934.24$28,489
Oct 20181927,08061.443.40$35,855
Sep 201876,98659.543.11$22,129
Aug 20181897,95559.403.07$35,621
Jul 201847,82865.142.93$23,211
Jun 20183707,14360.183.08$44,245
May 201877,65365.382.90$22,657
Apr 20181907,48463.842.90$33,839
Mar 201887,13061.222.79$20,360
Feb 20181906,63461.782.77$30,089
Jan 201877,38462.874.01$30,045
Dec 20171998,04257.272.92$34,892
Nov 201778,14055.423.12$25,771
Oct 20172028,82149.292.98$36,276
Sep 20171907,77447.523.09$33,029
Aug 201788,60145.373.00$26,204
Jul 20171898,84343.873.09$35,592
Jun 20171918,32742.493.09$33,823
May 2017109,40245.373.26$31,136
Apr 20172008,62947.933.21$37,299
Mar 20172008,72846.772.98$35,396
Feb 20172038,75550.452.95$36,091
Jan 20171999,75949.413.42$43,197
Dec 201619510,02648.763.72$46,833
Nov 20161959,59542.492.64$33,658
Oct 20161310,05746.193.09$31,679
Sep 201619510,00041.553.10$39,109
Aug 201619610,51041.442.92$38,857
Jul 201618910,72241.622.92$39,221
Jun 201618910,43245.352.69$36,590
May 201620010,84342.521.99$30,093
Apr 20161710,49136.561.99$21,510
Mar 201639110,67233.011.79$32,053
Feb 201619710,35126.472.06$26,575
Jan 201620411,14127.352.36$31,921
Dec 201520510,63432.362.00$27,917
Nov 201520611,10338.792.17$32,055
Oct 201520511,62543.552.43$37,137
Sep 201519311,40242.992.76$39,749
Aug 201518912,08840.162.87$42,313
Jul 201518812,20048.152.95$44,982
Jun 201519311,98156.152.88$45,377
May 201520012,53855.212.96$48,097
Apr 201538112,15649.822.71$51,882
Mar 201518912,68842.892.93$45,342
Feb 201519112,85744.662.98$46,795
Jan 201538013,13843.433.10$57,239
Dec 201419513,84954.693.59$60,401
Nov 201419913,57470.464.25$71,736
Oct 201438214,41678.303.90$86,147
Sep 201418813,97286.164.05$72,721
Aug 201437415,47689.394.04$95,879
Jul 201415215,15996.564.18$78,036
Jun 201435015,04998.164.74$105,641
May 201437516,26994.734.73$112,420
Apr 201438116,20195.944.81$114,466
Mar 201418817,30195.895.06$105,515
Feb 201436915,20097.406.19$130,059
Jan 201439317,42290.404.86$120,211
Dec 201354418,96291.824.35$132,520
Nov 201318917,37688.853.74$81,749
Oct 201337318,32897.423.78$105,606
Sep 201338218,032104.113.72$106,808
Aug 201337519,684104.253.52$108,433
Jul 201338020,063102.523.72$113,547
Jun 201337519,70294.403.93$112,896
May 201319621,17194.834.15$106,427
Apr 201338818,92693.964.28$117,509
Mar 201357722,23793.623.91$141,029
Feb 201338919,84591.233.42$103,357
Jan 201319123,51791.603.42$97,922
Dec 201255324,37186.773.42$131,337
Nov 201238124,70986.953.62$122,697
Oct 201238126,34989.383.40$123,632
Sep 201257627,54194.672.92$134,906
Aug 201256429,09092.662.91$136,859
Jul 201255030,23685.133.02$138,158
Jun 201236830,80979.822.52$106,983
May 201275833,20391.612.49$152,060
Apr 201275634,971101.652.00$146,677
Mar 201269634,560105.052.22$149,910
Feb 201276934,618101.102.57$166,722
Jan 201259339,96598.092.73$167,435
Dec 201176342,26196.873.24$210,826
Nov 20111,00144,86595.723.31$244,376
Oct 20111,01050,22584.983.65$269,078
Sep 20111,10453,34183.623.99$304,923
Aug 20111,13460,50683.404.15$345,634
Jul 20111,51567,35694.144.52$446,885
Jun 20111,36073,19292.904.64$465,946
May 20111,18586,02798.134.40$495,218
Apr 20113,656100,645105.964.33$823,513
Mar 201117924,87796.364.06$118,183

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.

Jul 2023 — as filed, then multipliedworked
Condensate           175 bbl  × $ 74.85 =    $13,099
Gas                    0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                  $13,099

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/262294 is the state's own key, not one this site invented.