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 265692District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Mar 2012 – May 2026
Value, last 12 filed months
$298 k
at the published price for each month
Months reported
171
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 Gas112013-01-17206629
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
CondensateDisposition61,302 bbl$5,036,713
GasProduction2,603,028 Mcf$8,531,201
Total$13,567,914

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 35.4732, -100.0679. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47318, -100.06793 · 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
12,956 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 12,956 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-483333441317H12,956 ftMar 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 (171)

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

171 months

May 2026214,796106.413.05$16,842
Apr 20261414,37798.932.87$26,510
Mar 2026275,11989.753.15$18,545
Feb 20261534,61763.503.75$27,031
Jan 2026325,01459.138.00$41,994
Dec 2025295,19556.664.41$24,571
Nov 20251864,91758.593.93$30,204
Oct 2025405,20759.383.30$19,584
Sep 20251525,24262.743.08$25,666
Aug 2025285,99063.933.01$19,848
Jul 2025295,54366.743.32$20,312
Jun 20251635,27766.483.13$27,347
May 2025425,38660.553.23$19,952
Apr 2025415,38662.363.54$21,640
Mar 20251845,72667.704.27$36,897
Feb 2025285,31370.884.34$25,048
Jan 20252116,05874.324.28$41,602
Dec 2024295,79968.993.12$20,102
Nov 2024395,59269.052.20$14,987
Oct 20242135,93071.372.28$28,731
Sep 2024335,95169.612.36$16,367
Aug 20242056,40875.632.06$28,728
Jul 2024336,22879.932.15$16,007
Jun 2024195,61178.082.63$16,263
May 20242066,10378.812.20$29,652
Apr 2024356,22784.451.66$13,288
Mar 2024366,45780.301.55$12,868
Feb 20242076,38076.091.78$27,130
Jan 2024276,42573.023.30$23,159
Dec 20232397,69171.262.61$37,110
Nov 2023627,80277.892.81$26,734
Oct 2023446,76685.443.09$24,648
Sep 20232035,50989.042.74$33,142
Aug 2023216,14580.522.67$18,116
Jul 2023336,50174.852.64$19,644
Jun 20232026,38768.962.26$28,355
May 2023305,77170.622.23$14,973
Apr 2023225,50178.122.24$14,029
Mar 20231915,76672.852.39$27,713
Feb 2023255,23075.112.47$14,773
Jan 20232185,85576.533.39$36,519
Dec 2022306,15476.415.73$37,549
Nov 20222075,81585.005.65$50,428
Oct 2022195,81887.185.86$35,772
Sep 2022276,14284.888.16$52,433
Aug 20221836,38194.529.13$75,538
Jul 2022126,331101.587.54$48,968
Jun 20222006,335115.097.98$73,554
May 2022246,383109.378.43$56,453
Apr 20221886,158104.226.84$61,699
Mar 2022206,391108.885.08$34,621
Feb 20222115,98691.054.86$48,297
Jan 2022216,56781.844.54$31,518
Dec 20212166,77071.323.90$41,802
Nov 2021356,57277.435.24$37,127
Oct 20212197,24479.795.71$58,865
Sep 2021256,89369.865.35$38,630
Aug 2021277,21366.024.22$32,226
Jul 20212107,30170.783.98$43,937
Jun 2021287,34569.493.38$26,776
May 20212167,48763.483.02$36,305
Apr 2021447,46760.362.76$23,253
Mar 20212278,61161.302.72$37,311
Feb 2021246,00557.805.55$34,703
Jan 20212247,35650.412.81$31,964
Dec 2020367,44844.642.68$21,534
Nov 20202007,31638.772.71$27,555
Oct 2020227,70736.972.48$19,915
Sep 2020207,57437.091.99$15,822
Aug 20201927,93639.982.39$26,604
Jul 20201988,00038.371.83$22,198
Jun 2020198,31934.901.69$14,725
May 20201768,55416.921.81$18,501
Apr 2020177,11014.751.80$13,080
Mar 20201967,04530.341.86$19,024
Feb 20201766,69849.881.98$22,045
Jan 20201917,58257.252.09$26,817
Dec 2019197,35659.012.30$18,072
Nov 20191547,58955.302.75$29,391
Oct 20191967,32053.472.42$28,184
Sep 2019147,04955.052.66$19,502
Aug 20191788,16453.112.30$28,266
Jul 20191597,45356.272.46$27,282
Jun 20191727,81752.782.49$28,552
May 201978,00458.482.74$22,343
Apr 20191727,52162.632.75$31,460
Mar 20191697,70156.803.06$33,180
Feb 20191707,47450.852.79$29,514
Jan 20191628,48146.033.23$34,835
Dec 20181908,52846.594.19$44,546
Nov 2018127,51752.934.24$32,486
Oct 20181738,30661.443.40$38,854
Sep 201888,04359.543.11$25,474
Aug 20181717,73659.403.07$33,880
Jul 20181897,74265.142.93$35,010
Jun 201867,50360.183.08$23,447
May 20181957,82065.382.90$35,433
Apr 20182007,49363.842.90$34,504
Mar 2018107,71461.222.79$22,110
Feb 20181947,11961.782.77$31,677
Jan 201897,99862.874.01$32,632
Dec 20171947,85857.272.92$34,068
Nov 20171977,95655.423.12$35,727
Oct 20171908,16549.292.98$33,727
Sep 201767,47347.523.09$23,356
Aug 20171738,54445.373.00$33,519
Jul 201758,80843.873.09$27,412
Jun 20171948,53542.493.09$34,593
May 20171979,49945.373.26$39,937
Apr 2017169,51747.933.21$31,332
Mar 2017159,73846.772.98$29,757
Feb 20172029,15850.452.95$37,231
Jan 201719810,18949.413.42$44,617
Dec 201620210,40248.763.72$48,574
Nov 201620110,07142.492.64$35,172
Oct 201638710,62246.193.09$50,700
Sep 2016910,49641.553.10$32,918
Aug 201619311,17141.442.92$40,666
Jul 201637611,63941.622.92$49,686
Jun 2016611,63645.352.69$31,524
May 201638611,55342.521.99$39,415
Apr 20162011,42336.561.99$23,475
Mar 201640012,05333.011.79$34,827
Feb 20161111,40526.472.06$23,827
Jan 201639511,77227.352.36$38,637
Dec 20151812,27732.362.00$25,154
Nov 201539910,96938.792.17$39,251
Oct 2015189,15243.552.43$22,992
Sep 20153727,48242.992.76$36,631
Aug 201536,71840.162.87$19,418
Jul 201527,71048.152.95$22,803
Jun 20153689,86256.152.88$49,094
May 201538614,65955.212.96$64,635
Apr 201539017,01649.822.71$65,485
Mar 201537817,66142.892.93$68,042
Feb 201537815,96044.662.98$64,381
Jan 201538421,20943.433.10$82,438
Dec 201437719,89954.693.59$92,083
Nov 201419919,88770.464.25$98,578
Oct 201438020,65378.303.90$110,321
Sep 201476520,03586.164.05$146,963
Aug 201456521,84389.394.04$138,644
Jul 201436922,42696.564.18$129,362
Jun 201437822,36398.164.74$143,035
May 201457723,63194.734.73$166,353
Apr 201437724,96295.944.81$156,215
Mar 201438326,55495.895.06$171,004
Feb 201437823,28097.406.19$180,967
Jan 201479427,25190.404.86$204,237
Dec 201396027,62091.824.35$208,418
Nov 201339429,19488.853.74$144,142
Oct 201396932,71197.423.78$218,027
Sep 201358631,106104.113.72$176,652
Aug 201395832,824104.253.52$215,498
Jul 201377034,841102.523.72$208,470
Jun 201339133,70994.403.93$169,502
May 201398041,20294.834.15$263,884
Apr 201379341,62393.964.28$252,765
Mar 20131,19039,20293.623.91$264,800
Feb 201378841,18991.233.42$212,752
Jan 20131,57651,24391.603.42$319,608
Dec 201276953,46486.773.42$249,582
Nov 201294945,25786.953.62$246,570
Oct 20121,94666,83189.383.40$401,137
Sep 20121,54671,26194.672.92$354,328
Aug 20122,49476,63692.662.91$453,964
Jul 20123,23683,79385.133.02$528,603
Jun 20123,26894,16379.822.52$498,052
May 20124,810130,80591.612.49$766,129
Apr 20127,643178,041101.652.00$1,132,423
Mar 201258728,511105.052.22$125,018

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            21 bbl  × $106.41 =     $2,235
Gas                4,796 Mcf  × $  3.05 =    $14,608

────────────────────────────────────────────────────
Month total                                  $16,842

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/265692 is the state's own key, not one this site invented.