STILES 17

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 262628District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.4 M
Jun 2011 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
180
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 Gas112012-04-12205553
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
CondensateDisposition75,357 bbl$6,316,557
GasProduction2,605,388 Mcf$9,110,165
Total$15,426,722

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 35.4657, -100.0623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46569, -100.06234 · 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
13,078 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 13,078 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-483331631117H13,078 ftApr 2012

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 (180)

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

180 months

May 2026132,882106.413.05$10,161
Apr 2026172,92298.932.87$10,067
Mar 2026152,92389.753.15$10,552
Feb 2026132,75263.503.75$11,146
Jan 2026203,21059.138.00$26,856
Dec 20251913,10856.664.41$24,539
Nov 2025203,08258.593.93$13,273
Oct 2025233,02559.383.30$11,363
Sep 2025152,85962.743.08$9,738
Aug 2025142,68863.933.01$8,999
Jul 20251343,11766.743.32$19,277
Jun 2025203,08066.483.13$10,966
May 2025243,13960.553.23$11,599
Apr 2025232,97562.363.54$11,975
Mar 2025213,07367.704.27$14,538
Feb 2025142,68770.884.34$12,656
Jan 20251403,04174.324.28$23,416
Dec 2024513,09968.993.12$13,192
Nov 2024302,96969.052.20$8,599
Oct 2024292,94771.372.28$8,793
Sep 2024342,91869.612.36$9,266
Aug 2024312,75475.632.06$8,028
Jul 2024523,02179.932.15$10,641
Jun 20241152,74478.082.63$16,207
May 20241602,95378.812.20$19,102
Apr 20242802,97684.451.66$28,584
Mar 2024442,99980.301.55$8,167
Feb 2024172,77176.091.78$6,236
Jan 2024122,52373.023.30$9,196
Dec 2023163771.262.61$1,734
Nov 20230077.892.81$0
Oct 20232112,94085.443.09$27,104
Sep 2023173,81789.042.74$11,953
Aug 2023144,02780.522.67$11,891
Jul 20232003,82574.852.64$25,075
Jun 2023152,88368.962.26$7,546
May 2023254,56270.622.23$11,927
Apr 2023184,68078.122.24$11,879
Mar 2023194,79572.852.39$12,859
Feb 2023213,89475.112.47$11,179
Jan 2023255,01976.533.39$18,916
Dec 2022254,69276.415.73$28,791
Nov 20222014,77885.005.65$44,063
Oct 2022164,77087.185.86$29,365
Sep 2022214,86384.888.16$41,482
Aug 20222025,18994.529.13$66,454
Jul 2022105,403101.587.54$41,766
Jun 2022155,143115.097.98$42,753
May 2022205,371109.378.43$47,481
Apr 2022135,232104.226.84$37,129
Mar 20222065,197108.885.08$48,811
Feb 2022224,83091.054.86$25,471
Jan 2022184,48881.844.54$21,838
Dec 20212175,68171.323.90$37,627
Nov 2021295,53777.435.24$31,242
Oct 2021245,29479.795.71$32,164
Sep 20211975,65669.865.35$44,027
Aug 2021226,00466.024.22$26,793
Jul 20212086,07670.783.98$38,917
Jun 2021225,90569.493.38$21,491
May 2021226,09663.483.02$19,792
Apr 20212205,97260.362.76$29,752
Mar 2021376,39561.302.72$19,643
Feb 2021195,08157.805.55$29,287
Jan 20212286,32250.412.81$29,260
Dec 20202256,31244.642.68$26,932
Nov 2020446,34438.772.71$18,876
Oct 2020466,67136.972.48$18,234
Sep 20202276,53837.091.99$21,437
Aug 2020316,76539.982.39$17,375
Jul 20202066,86538.371.83$20,434
Jun 2020346,79734.901.69$12,676
May 20202257,05016.921.81$16,601
Apr 2020386,91714.751.80$13,041
Mar 20202147,06930.341.86$19,614
Feb 2020296,17349.881.98$13,673
Jan 20202146,58057.252.09$26,035
Dec 20192316,75359.012.30$29,193
Nov 2019406,63955.302.75$20,474
Oct 20192287,40353.472.42$30,096
Sep 2019357,28355.052.66$21,280
Aug 20191727,42153.112.30$26,236
Jul 20192117,38856.272.46$30,048
Jun 2019247,11152.782.49$18,982
May 20192037,11858.482.74$31,377
Apr 2019166,56662.632.75$19,063
Mar 20192076,42256.803.06$31,422
Feb 2019225,88250.852.79$17,543
Jan 2019246,83946.033.23$23,182
Dec 20182046,88546.594.19$38,321
Nov 2018276,62452.934.24$29,497
Oct 20182107,16061.443.40$37,233
Sep 2018207,09159.543.11$23,230
Aug 20181827,67659.403.07$34,350
Jul 20181947,80165.142.93$35,509
Jun 2018157,62860.183.08$24,373
May 20182037,95365.382.90$36,342
Apr 2018247,74563.842.90$23,999
Mar 20181947,94361.222.79$34,013
Feb 20182107,08461.782.77$32,569
Jan 2018228,00062.874.01$33,458
Dec 20172118,16257.272.92$35,929
Nov 20171998,06555.423.12$36,178
Oct 2017318,36649.292.98$26,489
Sep 20171798,57147.523.09$34,967
Aug 20172018,61245.373.00$34,993
Jul 20171808,77043.873.09$34,972
Jun 2017198,65042.493.09$27,512
May 20171929,13145.373.26$38,509
Apr 20172018,92247.933.21$38,288
Mar 20172219,07946.772.98$37,425
Feb 20172158,39050.452.95$35,619
Jan 2017239,33149.413.42$33,037
Dec 20162009,61348.763.72$45,540
Nov 20161989,52942.492.64$33,611
Oct 2016299,98546.193.09$32,196
Sep 20162049,34241.553.10$37,442
Aug 201619610,13141.442.92$37,749
Jul 201618410,35041.622.92$37,925
Jun 201637410,26745.352.69$44,536
May 201621410,57642.521.99$30,157
Apr 201622810,27636.561.99$28,796
Mar 201623311,06133.011.79$27,535
Feb 201619910,70026.472.06$27,348
Jan 20163311,88127.352.36$28,994
Dec 201522510,68532.362.00$28,666
Nov 201541312,19138.792.17$42,442
Oct 20155113,68343.552.43$35,424
Sep 201539314,17342.992.76$55,990
Aug 201538415,16640.162.87$58,986
Jul 2015615,21148.152.95$45,087
Jun 201538914,21156.152.88$62,811
May 201540313,11255.212.96$61,001
Apr 201520212,59349.822.71$44,147
Mar 201537512,94942.892.93$54,085
Feb 201519012,00644.662.98$44,218
Jan 20151959,05643.433.10$36,548
Dec 201438213,98254.693.59$71,106
Nov 201418913,84970.464.25$72,201
Oct 201476714,85578.303.90$118,005
Sep 201418914,80486.164.05$76,173
Aug 201436115,37689.394.04$94,314
Jul 201437715,74096.564.18$102,190
Jun 201437715,43298.164.74$110,106
May 201456616,41794.734.73$131,213
Apr 201438016,09895.944.81$113,874
Mar 201455017,16895.895.06$139,555
Feb 201438016,19297.406.19$137,273
Jan 201456119,98890.404.86$147,870
Dec 201362718,65891.824.35$138,817
Nov 201357318,29488.853.74$119,299
Oct 201336816,78797.423.78$99,295
Sep 201394520,263104.113.72$173,717
Aug 201357021,923104.253.52$136,649
Jul 201337621,506102.523.72$118,501
Jun 201356922,19494.403.93$141,012
May 201357022,54694.834.15$147,598
Apr 201376924,63693.964.28$177,761
Mar 20131,16426,77793.623.91$213,749
Feb 201377125,13591.233.42$156,298
Jan 201377929,97691.603.42$173,872
Dec 201296232,85086.773.42$195,825
Nov 201295334,04586.953.62$206,275
Oct 20121,14434,49889.383.40$219,533
Sep 20121,33535,42994.672.92$229,780
Aug 201293437,72592.662.91$196,255
Jul 20121,31442,69885.133.02$240,843
Jun 20121,16840,36879.822.52$194,918
May 20121,47943,45091.612.49$243,609
Apr 20121,55643,710101.652.00$245,448
Mar 20121,73942,851105.052.22$277,900
Feb 20122,12057,614101.102.57$362,414
Jan 20122,70267,59098.092.73$449,836
Dec 20112,85973,23196.873.24$514,201
Nov 20113,31477,98295.723.31$575,436
Oct 20113,43490,06884.983.65$620,438
Sep 20114,210113,61583.623.99$804,887
Aug 20115,329130,93183.404.15$987,713
Jul 20116,269165,71894.144.52$1,338,752
Jun 20113,38390,83692.904.64$735,749

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            13 bbl  × $106.41 =     $1,383
Gas                2,882 Mcf  × $  3.05 =     $8,778

────────────────────────────────────────────────────
Month total                                  $10,161

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/262628 is the state's own key, not one this site invented.