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STILES 16

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 269031District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.2 M
Jan 2013 – May 2026
Value, last 12 filed months
$618 k
at the published price for each month
Months reported
161
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 Gas112016-03-08217168
NGPA2none——

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
CondensateDisposition197,806 bbl$14,754,871
GasProduction3,727,574 Mcf$13,420,563
Total$28,175,435

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 35.4731, -100.0785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47315, -100.07850 · 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
12,953 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 12,953 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-483335631316SL12,953 ftJan 2013——

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 (161)

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

161 months

May 20262849,580106.413.05$59,400
Apr 20262879,39998.932.87$55,365
Mar 20262209,49989.753.15$49,662
Feb 20262558,57063.503.75$48,333
Jan 20262009,69459.138.00$89,358
Dec 20253619,42356.664.41$62,041
Nov 20251978,88758.593.93$46,437
Oct 20253079,09659.383.30$48,290
Sep 20252088,33862.743.08$38,705
Aug 20252459,15263.933.01$43,254
Jul 20252346,77366.743.32$38,071
Jun 20252217,87966.483.13$39,343
May 20252527,41660.553.23$39,229
Apr 20252416,96162.363.54$39,692
Mar 20252516,54367.704.27$44,920
Feb 20252266,38970.884.34$43,753
Jan 20253187,99274.324.28$57,829
Dec 20242278,25268.993.12$41,418
Nov 20242747,96069.052.20$36,419
Oct 20242928,32971.372.28$39,842
Sep 20242708,09369.612.36$37,929
Aug 20242318,78575.632.06$35,600
Jul 20242958,61379.932.15$42,068
Jun 20242988,14778.082.63$44,727
May 20242678,58078.812.20$39,905
Apr 20243058,53384.451.66$39,915
Mar 20242337,83980.301.55$30,822
Feb 20243028,72276.091.78$38,536
Jan 20243819,63673.023.30$59,597
Dec 20233569,24971.262.61$49,515
Nov 20233018,99477.892.81$48,696
Oct 20233429,57185.443.09$58,769
Sep 20233159,70389.042.74$54,586
Aug 20233539,67480.522.67$54,281
Jul 20232839,21974.852.64$45,537
Jun 20234409,82868.962.26$52,539
May 202332510,54970.622.23$46,448
Apr 20233369,97278.122.24$48,563
Mar 202344210,35672.852.39$56,983
Feb 202340310,72675.112.47$56,716
Jan 202332010,93576.533.39$61,534
Dec 202243211,28676.415.73$97,668
Nov 202231810,95785.005.65$88,895
Oct 202239311,16887.185.86$99,748
Sep 202243911,07384.888.16$127,659
Aug 202249511,71294.529.13$153,685
Jul 202256811,683101.587.54$145,812
Jun 202245711,717115.097.98$146,065
May 202264712,777109.378.43$178,511
Apr 202266911,492104.226.84$148,301
Mar 202261411,253108.885.08$123,977
Feb 20223039,23991.054.86$72,479
Jan 202244211,49081.844.54$88,311
Dec 202154611,65471.323.90$84,381
Nov 202153211,43077.435.24$101,050
Oct 202151011,35579.795.71$105,574
Sep 202153111,14969.865.35$96,753
Aug 202156811,55766.024.22$86,277
Jul 202149911,76070.783.98$82,148
Jun 202158311,79669.493.38$80,390
May 202166412,41963.483.02$79,627
Apr 20216038,76260.362.76$60,566
Mar 202158114,63561.302.72$75,378
Feb 20212419,22357.805.55$65,099
Jan 202142013,88750.412.81$60,198
Dec 202086213,72044.642.68$75,187
Nov 202032013,83638.772.71$49,855
Oct 202062913,92736.972.48$57,771
Sep 202058813,59237.091.99$48,871
Aug 202062515,00339.982.39$60,771
Jul 202070114,91338.371.83$54,115
Jun 202063814,50434.901.69$46,782
May 202072015,86416.921.81$40,972
Apr 202084014,08614.751.80$37,807
Mar 202075213,94830.341.86$48,706
Feb 202057913,24249.881.98$55,109
Jan 202065815,16757.252.09$69,441
Dec 201979413,94159.012.30$78,979
Nov 201957114,85255.302.75$72,430
Oct 201965815,66853.472.42$73,077
Sep 201956315,51255.052.66$72,213
Aug 201967516,53353.112.30$73,947
Jul 201966616,41756.272.46$77,863
Jun 201967916,69552.782.49$77,428
May 201946617,66058.482.74$75,646
Apr 201960117,67862.632.75$86,268
Mar 201981417,07256.803.06$98,511
Feb 201943815,71950.852.79$66,163
Jan 201982217,63746.033.23$94,772
Dec 201862818,26646.594.19$105,710
Nov 201875717,11152.934.24$112,571
Oct 201867018,29461.443.40$103,329
Sep 201880816,32159.543.11$98,834
Aug 201881117,10559.403.07$100,627
Jul 201894616,86065.142.93$111,054
Jun 201841116,61260.183.08$75,848
May 201898117,66065.382.90$115,366
Apr 201897917,93963.842.90$114,537
Mar 201899318,30461.222.79$111,802
Feb 201842612,73761.782.77$61,550
Jan 201861315,91362.874.01$102,340
Dec 201766814,79357.272.92$81,474
Nov 201778414,92955.423.12$90,003
Oct 20171,07914,10849.292.98$95,278
Sep 201776113,53747.523.09$77,955
Aug 201744115,54245.373.00$66,703
Jul 201757916,53343.873.09$76,443
Jun 201780915,95342.493.09$83,626
May 201790215,64645.373.26$91,983
Apr 201787216,06347.933.21$93,383
Mar 201739411,46446.772.98$52,632
Feb 201761810,81150.452.95$63,099
Jan 201763013,36649.413.42$76,824
Dec 201682516,81748.763.72$102,834
Nov 201680217,87042.492.64$81,332
Oct 20161,19818,88446.193.09$113,692
Sep 201660918,35541.553.10$82,216
Aug 20161,49719,49241.442.92$119,037
Jul 20161,13721,57041.622.92$110,400
Jun 201693718,86545.352.69$93,161
May 20161,37419,66942.521.99$97,584
Apr 20161,41519,40836.561.99$90,375
Mar 20161,23119,94833.011.79$76,422
Feb 20161,18017,30926.472.06$66,954
Jan 20161,60321,66527.352.36$95,066
Dec 20151,79225,06732.362.00$108,158
Nov 20151,97526,28438.792.17$133,576
Oct 201549229,28943.552.43$92,499
Sep 20152,08529,31842.992.76$170,506
Aug 20151,68830,95440.162.87$156,705
Jul 20152,04731,07248.152.95$190,073
Jun 201578332,95756.152.88$138,976
May 20152,29536,26555.212.96$233,886
Apr 20152,11235,86949.822.71$202,302
Mar 20152,06836,84142.892.93$196,814
Feb 20152,10336,86744.662.98$203,643
Jan 20152,67545,77343.433.10$258,100
Dec 20143,01045,52254.693.59$328,103
Nov 20142,27734,56570.464.25$307,402
Oct 20143,42445,39678.303.90$445,187
Sep 20142,42038,32986.164.05$363,565
Aug 20141,26747,79189.394.04$306,100
Jul 20141,80041,80496.564.18$348,532
Jun 20142,59442,12298.164.74$454,154
May 20143,37758,85594.734.73$598,085
Apr 20143,38757,57095.944.81$601,810
Mar 20144,53068,28595.895.06$779,685
Feb 20144,03964,44497.406.19$792,436
Jan 20144,93679,76290.404.86$833,915
Dec 20135,51676,87591.824.35$841,230
Nov 20137,95394,66188.853.74$1,060,493
Oct 201310,870116,54797.423.78$1,499,428
Sep 20134,51083,498104.113.72$779,960
Aug 20134,34390,566104.253.52$771,786
Jul 20134,18783,589102.523.72$740,013
Jun 20135,24665,77194.403.93$753,927
May 20133,91189,52094.834.15$742,306
Apr 20134,553101,45593.964.28$862,290
Mar 20136,489100,84393.623.91$1,002,086
Feb 20137,803150,43491.233.42$1,226,338
Jan 20132,26942,57991.603.42$353,457

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           284 bbl  × $106.41 =    $30,220
Gas                9,580 Mcf  × $  3.05 =    $29,179

────────────────────────────────────────────────────
Month total                                  $59,400

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/269031 is the state's own key, not one this site invented.