JILL 54

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 269269District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.7 M
Mar 2013 – May 2026
Value, last 12 filed months
$203 k
at the published price for each month
Months reported
159
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 Gas112013-11-20211565
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
CondensateDisposition70,105 bbl$5,998,615
GasProduction2,838,252 Mcf$10,718,849
Total$16,717,464

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 35.3727, -100.0208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.37272, -100.02080 · 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
13,348 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 13,348 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-483335956054H13,348 ftMar 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 (159)

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

159 months

May 2026383,669106.413.05$15,219
Apr 2026503,54398.932.87$15,114
Mar 2026433,93089.753.15$16,237
Feb 20262318663.503.75$2,158
Jan 2026373,82059.138.00$32,740
Dec 2025473,88156.664.41$19,791
Nov 2025454,16458.593.93$18,986
Oct 2025523,88959.383.30$15,940
Sep 2025484,13862.743.08$15,744
Aug 2025534,81963.933.01$17,916
Jul 2025574,36266.743.32$18,265
Jun 2025413,96466.483.13$15,128
May 2025714,28260.553.23$18,140
Apr 2025403,95062.363.54$16,490
Mar 2025444,35367.704.27$21,559
Feb 2025223,33470.884.34$16,032
Jan 2025304,27574.324.28$20,521
Dec 2024274,06368.993.12$14,545
Nov 2024414,37469.052.20$12,447
Oct 2024564,46071.372.28$14,172
Sep 2024534,75969.612.36$14,941
Aug 2024424,29575.632.06$12,040
Jul 2024524,86279.932.15$14,593
Jun 2024434,55478.082.63$15,353
May 2024455,01078.812.20$14,561
Apr 2024404,44884.451.66$10,758
Mar 2024515,23080.301.55$12,176
Feb 2024244,55576.091.78$9,951
Jan 2024165,06773.023.30$17,878
Dec 2023334,65771.262.61$14,510
Nov 2023404,49677.892.81$15,738
Oct 2023534,41785.443.09$18,165
Sep 2023204,08589.042.74$12,953
Aug 2023194,07880.522.67$12,430
Jul 2023304,11974.852.64$13,127
Jun 2023314,90968.962.26$13,225
May 2023364,90670.622.23$13,470
Apr 2023304,25778.122.24$11,870
Mar 2023264,61572.852.39$12,939
Feb 2023784,19775.112.47$16,207
Jan 2023414,16976.533.39$17,261
Dec 2022373,67476.415.73$23,876
Nov 2022352,91285.005.65$19,417
Oct 2022383,97287.185.86$26,604
Sep 2022354,54984.888.16$40,107
Aug 2022354,09194.529.13$40,647
Jul 2022374,304101.587.54$36,220
Jun 2022354,191115.097.98$37,461
May 2022133,306109.378.43$29,301
Apr 2022167104.226.84$562
Mar 20220259108.885.08$1,315
Feb 2022112191.054.86$679
Jan 2022018881.844.54$853
Dec 2021117471.323.90$750
Nov 2021221377.435.24$1,270
Oct 2021124679.795.71$1,485
Sep 2021118269.865.35$1,044
Aug 2021120466.024.22$927
Jul 2021122470.783.98$963
Jun 2021124869.493.38$908
May 2021123863.483.02$782
Apr 2021012160.362.76$334
Mar 2021017561.302.72$475
Feb 2021028357.805.55$1,570
Jan 2021241250.412.81$1,259
Dec 202091,80644.642.68$5,234
Nov 2020171,57838.772.71$4,930
Oct 2020171,03436.972.48$3,191
Sep 202016696037.091.99$8,068
Aug 2020183,67139.982.39$9,475
Jul 2020283,63938.371.83$7,716
Jun 2020283,88834.901.69$7,549
May 2020285,35116.921.81$10,184
Apr 2020374,09314.751.80$7,931
Mar 2020225,25330.341.86$10,418
Feb 2020113,53549.881.98$7,550
Jan 2020245,78357.252.09$13,488
Dec 2019445,11859.012.30$14,390
Nov 2019315,22455.302.75$16,084
Oct 20191067,57553.472.42$23,988
Sep 2019447,42455.052.66$22,150
Aug 2019857,72353.112.30$22,311
Jul 2019866,30756.272.46$20,355
Jun 20191027,40752.782.49$23,836
May 2019756,55158.482.74$22,338
Apr 2019647,48562.632.75$24,597
Mar 2019764,96356.803.06$19,514
Feb 2019356,06150.852.79$18,703
Jan 2019657,96246.033.23$28,695
Dec 20181296,67246.594.19$33,935
Nov 2018806,50052.934.24$31,776
Oct 20181146,67461.443.40$29,683
Sep 20182827,32759.543.11$39,563
Aug 201869,75259.403.07$30,261
Jul 201819,57065.142.93$28,123
Jun 20181939,23860.183.08$40,039
May 20181938,47865.382.90$37,211
Apr 2018129,61363.842.90$28,651
Mar 20181969,00461.222.79$37,092
Feb 201888,02761.782.77$22,698
Jan 201819710,07262.874.01$52,767
Dec 2017269,92457.272.92$30,482
Nov 20172411,02355.423.12$35,704
Oct 20173311,13749.292.98$34,856
Sep 20172710,32947.523.09$33,172
Aug 201720811,28345.373.00$43,336
Jul 201721111,60043.873.09$45,069
Jun 20173111,24642.493.09$36,037
May 201711910,95445.373.26$41,146
Apr 20178310,68247.933.21$38,285
Mar 20177910,59946.772.98$35,319
Feb 2017909,73550.452.95$33,284
Jan 201715810,90849.413.42$45,099
Dec 201618911,53048.763.72$52,140
Nov 201610511,46342.492.64$34,774
Oct 201612112,56646.193.09$44,421
Sep 201621112,22541.553.10$46,672
Aug 201621912,55941.442.92$45,802
Jul 20168813,18941.622.92$42,232
Jun 20165213,15345.352.69$37,685
May 201619014,02642.521.99$36,005
Apr 201636613,81336.561.99$40,883
Mar 201623613,62133.011.79$32,227
Feb 20161238,32426.472.06$20,433
Jan 201614311,87327.352.36$31,983
Dec 201520413,31432.362.00$33,248
Nov 201516412,77438.792.17$34,047
Oct 201518013,89643.552.43$41,559
Sep 201525415,46542.992.76$53,578
Aug 201539216,11840.162.87$62,042
Jul 201568916,51848.152.95$81,822
Jun 201553017,48256.152.88$80,158
May 201515518,88755.212.96$64,377
Apr 201545618,83949.822.71$73,707
Mar 201512922,46442.892.93$71,458
Feb 201546223,45844.662.98$90,448
Jan 20152,15330,41843.433.10$187,820
Dec 20141,0636,54954.693.59$81,655
Nov 20141,63719,52070.464.25$198,339
Oct 20141,52830,53978.303.90$238,774
Sep 20141,41333,23786.164.05$256,202
Aug 20141,00840,45789.394.04$253,354
Jul 201442540,97896.564.18$212,310
Jun 201460543,72798.164.74$266,516
May 201474748,78394.734.73$301,339
Apr 201479551,48995.944.81$323,889
Mar 201499062,69095.895.06$411,942
Feb 20141,40965,53297.406.19$543,011
Jan 201493363,93390.404.86$395,104
Dec 20131,71170,23691.824.35$462,945
Nov 20131,32382,84588.853.74$427,246
Oct 20131,94165,09197.423.78$435,095
Sep 20132,388110,872104.113.72$660,808
Aug 20133,327159,990104.253.52$910,422
Jul 20134,873172,779102.523.72$1,141,927
Jun 20136,365204,02994.403.93$1,403,386
May 20138,247221,61094.834.15$1,701,541
Apr 201311,070242,04793.964.28$2,076,725
Mar 20132,83275,11193.623.91$559,031

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            38 bbl  × $106.41 =     $4,044
Gas                3,669 Mcf  × $  3.05 =    $11,175

────────────────────────────────────────────────────
Month total                                  $15,219

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/269269 is the state's own key, not one this site invented.