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 269484District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.3 M
Mar 2013 – May 2026
Value, last 12 filed months
$311 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 Gas112013-09-04210044
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
CondensateDisposition97,007 bbl$8,458,782
GasProduction3,942,695 Mcf$14,848,070
Total$23,306,853

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 35.3856, -100.0168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38561, -100.01677 · 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
13,236 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 13,236 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-483335934054H13,236 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 2026205,474106.413.05$18,801
Apr 2026285,70298.932.87$19,133
Mar 2026285,83889.753.15$20,899
Feb 20261825,32863.503.75$31,539
Jan 2026285,71159.138.00$47,332
Dec 20251025,79056.664.41$31,333
Nov 2025865,47358.593.93$26,528
Oct 2025325,77559.383.30$20,986
Sep 2025265,94162.743.08$19,911
Aug 2025216,32863.933.01$20,420
Jul 20251806,41466.743.32$33,277
Jun 2025236,12266.483.13$20,683
May 20252306,41360.553.23$34,655
Apr 2025236,00462.363.54$22,707
Mar 2025106,36667.704.27$27,849
Feb 2025225,62770.884.34$25,985
Jan 2025206,24774.324.28$28,215
Dec 20242196,32168.993.12$34,839
Nov 2024376,25269.052.20$16,300
Oct 2024416,73071.372.28$18,280
Sep 2024387,07669.612.36$19,375
Aug 2024226,67275.632.06$15,432
Jul 20242117,08979.932.15$32,082
Jun 2024236,76478.082.63$19,612
May 2024277,05578.812.20$17,638
Apr 20242046,51084.451.66$28,029
Mar 2024277,47880.301.55$13,723
Feb 2024176,72876.091.78$13,294
Jan 202486,66773.023.30$22,570
Dec 20231896,58671.262.61$30,662
Nov 2023366,99277.892.81$22,435
Oct 2023376,93885.443.09$24,581
Sep 20231766,65889.042.74$33,881
Aug 2023147,24980.522.67$20,503
Jul 20232036,70474.852.64$32,905
Jun 202376,74768.962.26$15,721
May 2023156,78670.622.23$16,174
Apr 20231906,45978.122.24$29,296
Mar 202366,94672.852.39$17,060
Feb 202365,02275.112.47$12,833
Jan 20232026,60776.533.39$37,842
Dec 2022147,18876.415.73$42,250
Nov 2022365,63885.005.65$34,893
Oct 2022217,19287.185.86$44,003
Sep 20222377,78384.888.16$83,654
Aug 20222028,68094.529.13$98,317
Jul 2022198,134101.587.54$63,277
Jun 202268,143115.097.98$65,649
May 20222129,278109.378.43$101,428
Apr 20222039,474104.226.84$85,936
Mar 20221410,191108.885.08$53,258
Feb 2022158,55891.054.86$42,948
Jan 20222097,88481.844.54$52,880
Dec 20212159,60671.323.90$52,789
Nov 2021719,49077.435.24$55,195
Oct 202123110,56879.795.71$78,816
Sep 2021569,50269.865.35$54,757
Aug 20212148,87366.024.22$51,578
Jul 20212298,13170.783.98$48,587
Jun 20213810,49769.493.38$38,127
May 202122011,09263.483.02$47,438
Apr 20212310,86860.362.76$31,367
Mar 202123912,75861.302.72$49,313
Feb 2021156,65457.805.55$37,783
Jan 2021198050.412.81$9,981
Dec 202020410,45444.642.68$37,076
Nov 20201110,17238.772.71$27,958
Oct 20201310,48236.972.48$26,460
Sep 202020210,97037.091.99$29,334
Aug 202019810,11939.982.39$32,051
Jul 20201610,46738.371.83$19,717
Jun 20201999,66434.901.69$23,280
May 2020138,89016.921.81$16,353
Apr 20201979,24114.751.80$19,580
Mar 2020108,31730.341.86$15,742
Feb 20201858,57549.881.98$26,212
Jan 20202029,51057.252.09$31,485
Dec 2019149,60759.012.30$22,964
Nov 20191959,24055.302.75$36,200
Oct 2019169,87653.472.42$24,741
Sep 20191939,24955.052.66$35,202
Aug 2019610,12453.112.30$23,648
Jul 20191929,16556.272.46$33,350
Jun 201999,39852.782.49$23,887
May 20192009,20658.482.74$36,923
Apr 201999,28762.632.75$26,109
Mar 20191959,24356.803.06$39,379
Feb 201959,42050.852.79$26,557
Jan 20191849,51746.033.23$39,192
Dec 201858,91346.594.19$37,538
Nov 201858,45252.934.24$36,078
Oct 20181878,47361.443.40$40,281
Sep 201848,91059.543.11$27,930
Aug 201868,89959.403.07$27,646
Jul 201828,91465.142.93$26,265
Jun 20181879,24360.183.08$39,694
May 2018510,71565.382.90$31,409
Apr 20181869,43863.842.90$39,252
Mar 201818810,46761.222.79$40,679
Feb 201858,68861.782.77$24,341
Jan 2018510,95262.874.01$44,224
Dec 20171210,43457.272.92$31,170
Nov 201719510,97955.423.12$45,043
Oct 20171411,46049.292.98$34,883
Sep 20171210,99547.523.09$34,515
Aug 20171211,13345.373.00$33,992
Jul 201719511,68743.873.09$44,636
Jun 20171111,17542.493.09$34,968
May 201720112,61045.373.26$50,271
Apr 2017512,29947.933.21$39,739
Mar 201719713,00846.772.98$48,025
Feb 201719911,69250.452.95$44,561
Jan 201719013,33449.413.42$54,974
Dec 20161113,85948.763.72$52,131
Nov 201620413,96742.492.64$45,602
Oct 201621114,65746.193.09$55,040
Sep 201620114,87041.553.10$54,458
Aug 201619915,40041.442.92$53,281
Jul 201619416,21341.622.92$55,487
Jun 201619115,85445.352.69$51,243
May 201618917,36942.521.99$42,619
Apr 201619416,85136.561.99$40,644
Mar 201619417,21033.011.79$37,279
Feb 201619916,98626.472.06$40,320
Jan 201638919,87927.352.36$57,640
Dec 201522218,47632.362.00$44,162
Nov 201522530,03838.792.17$73,830
Oct 201543622,35143.552.43$73,224
Sep 201540523,45242.992.76$82,101
Aug 201539725,68340.162.87$89,718
Jul 201537627,02548.152.95$97,695
Jun 201539727,18556.152.88$100,662
May 201560128,40155.212.96$117,119
Apr 201576228,97649.822.71$116,388
Mar 201557331,97042.892.93$118,399
Feb 201557930,74744.662.98$117,367
Jan 201595033,92043.433.10$146,432
Dec 201453838,02654.693.59$165,988
Nov 201475539,16270.464.25$219,708
Oct 20141,00846,40978.303.90$259,966
Sep 20141,09449,75886.164.05$295,552
Aug 201477241,99789.394.04$238,472
Jul 201474153,92196.564.18$296,919
Jun 20141,11655,72998.164.74$373,528
May 20141,08960,48494.734.73$389,042
Apr 20141,09165,29095.944.81$418,658
Mar 20141,70469,46595.895.06$514,667
Feb 20141,36768,17697.406.19$555,292
Jan 20143,88985,36590.404.86$766,501
Dec 20133,801103,71991.824.35$800,650
Nov 20132,424105,63988.853.74$610,281
Oct 20132,90073,57197.423.78$560,569
Sep 20133,564150,098104.113.72$929,073
Aug 20135,092203,788104.253.52$1,248,707
Jul 20136,257215,187102.523.72$1,441,477
Jun 20138,382245,06694.403.93$1,755,206
May 201311,852293,48094.834.15$2,341,597
Apr 201314,793322,42193.964.28$2,770,747
Mar 20133,83083,77193.623.91$686,350

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            20 bbl  × $106.41 =     $2,128
Gas                5,474 Mcf  × $  3.05 =    $16,673

────────────────────────────────────────────────────
Month total                                  $18,801

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/269484 is the state's own key, not one this site invented.