STILES 68

Name: STILES 68 lease production and value, May 2013 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 269698District 10Field 861252502 tax incentive programmesCondensateGasSave Export

Value, all time

$20.8 M

May 2013 – May 2026

Value, last 12 filed months

$794 k

at the published price for each month

Months reported

157

no gaps in the span

Streams

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2013-10-18	210598
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	109,226 bbl	$8,212,239
Gas	Production	3,498,174 Mcf	$12,601,049
Total			$20,813,288

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 35.4434, -100.0571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44344, -100.05714 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

12,800 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 12,800 ft.

Completions filed

May 2013

1 of 1 wells

1 well


42-48333673	2968H	12,800 ft	May 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 (157)

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

157 months


May 2026	304	10,746	106.41	3.05	$65,079
Apr 2026	207	10,564	98.93	2.87	$50,794
Mar 2026	296	12,193	89.75	3.15	$64,967
Feb 2026	444	11,061	63.50	3.75	$69,676
Jan 2026	192	11,720	59.13	8.00	$105,089
Dec 2025	344	12,457	56.66	4.41	$74,468
Nov 2025	292	11,963	58.59	3.93	$64,080
Oct 2025	430	12,536	59.38	3.30	$66,963
Sep 2025	269	12,682	62.74	3.08	$55,899
Aug 2025	317	13,499	63.93	3.01	$60,962
Jul 2025	287	12,604	66.74	3.32	$60,939
Jun 2025	252	12,172	66.48	3.13	$54,836
May 2025	270	12,141	60.55	3.23	$55,592
Apr 2025	307	11,400	62.36	3.54	$59,536
Mar 2025	362	12,442	67.70	4.27	$77,614
Feb 2025	195	11,125	70.88	4.34	$62,113
Jan 2025	319	13,106	74.32	4.28	$79,784
Dec 2024	262	12,009	68.99	3.12	$55,560
Nov 2024	387	11,992	69.05	2.20	$53,086
Oct 2024	341	12,907	71.37	2.28	$53,783
Sep 2024	293	12,711	69.61	2.36	$50,449
Aug 2024	424	13,893	75.63	2.06	$60,737
Jul 2024	371	11,885	79.93	2.15	$55,166
Jun 2024	168	10,782	78.08	2.63	$41,517
May 2024	207	11,779	78.81	2.20	$42,209
Apr 2024	472	12,064	84.45	1.66	$59,877
Mar 2024	466	13,018	80.30	1.55	$57,534
Feb 2024	372	12,641	76.09	1.78	$50,852
Jan 2024	214	12,146	73.02	3.30	$55,680
Dec 2023	179	12,279	71.26	2.61	$44,813
Nov 2023	223	12,217	77.89	2.81	$51,669
Oct 2023	379	12,993	85.44	3.09	$72,495
Sep 2023	187	12,706	89.04	2.74	$51,402
Aug 2023	245	13,210	80.52	2.67	$55,036
Jul 2023	169	13,133	74.85	2.64	$47,344
Jun 2023	184	12,317	68.96	2.26	$40,506
May 2023	249	13,646	70.62	2.23	$47,979
Apr 2023	154	13,456	78.12	2.24	$42,142
Mar 2023	189	13,775	72.85	2.39	$46,734
Feb 2023	118	12,984	75.11	2.47	$40,877
Jan 2023	148	14,629	76.53	3.39	$60,885
Dec 2022	182	14,184	76.41	5.73	$95,168
Nov 2022	282	14,651	85.00	5.65	$106,692
Oct 2022	387	13,986	87.18	5.86	$115,749
Sep 2022	381	14,533	84.88	8.16	$150,982
Aug 2022	405	16,423	94.52	9.13	$188,176
Jul 2022	518	17,972	101.58	7.54	$188,165
Jun 2022	440	18,542	115.09	7.98	$198,553
May 2022	543	19,316	109.37	8.43	$222,281
Apr 2022	539	18,594	104.22	6.84	$183,313
Mar 2022	341	17,610	108.88	5.08	$126,523
Feb 2022	213	14,783	91.05	4.86	$91,222
Jan 2022	197	14,790	81.84	4.54	$83,235
Dec 2021	419	14,413	71.32	3.90	$86,081
Nov 2021	445	13,651	77.43	5.24	$105,945
Oct 2021	420	14,151	79.79	5.71	$114,369
Sep 2021	283	13,691	69.86	5.35	$93,030
Aug 2021	375	16,415	66.02	4.22	$94,038
Jul 2021	332	14,836	70.78	3.98	$82,577
Jun 2021	295	13,086	69.49	3.38	$64,738
May 2021	345	14,584	63.48	3.02	$65,910
Apr 2021	510	15,558	60.36	2.76	$73,699
Mar 2021	324	17,318	61.30	2.72	$66,913
Feb 2021	157	11,206	57.80	5.55	$71,245
Jan 2021	199	12,799	50.41	2.81	$46,000
Dec 2020	260	12,658	44.64	2.68	$45,472
Nov 2020	305	13,501	38.77	2.71	$48,366
Oct 2020	376	15,328	36.97	2.48	$51,890
Sep 2020	319	14,816	37.09	1.99	$41,331
Aug 2020	278	15,583	39.98	2.39	$48,281
Jul 2020	252	15,935	38.37	1.83	$38,753
Jun 2020	259	16,072	34.90	1.69	$36,206
May 2020	318	15,748	16.92	1.81	$33,959
Apr 2020	260	14,334	14.75	1.80	$29,699
Mar 2020	166	13,933	30.34	1.86	$30,899
Feb 2020	266	12,172	49.88	1.98	$37,377
Jan 2020	65	13,505	57.25	2.09	$32,011
Dec 2019	77	11,898	59.01	2.30	$31,961
Nov 2019	132	12,828	55.30	2.75	$42,586
Oct 2019	249	13,499	53.47	2.42	$45,962
Sep 2019	180	13,399	55.05	2.66	$45,514
Aug 2019	196	14,678	53.11	2.30	$44,233
Jul 2019	271	15,552	56.27	2.46	$53,508
Jun 2019	205	13,194	52.78	2.49	$43,689
May 2019	182	13,113	58.48	2.74	$46,577
Apr 2019	170	12,756	62.63	2.75	$45,735
Mar 2019	113	12,717	56.80	3.06	$45,359
Feb 2019	217	12,586	50.85	2.79	$46,177
Jan 2019	151	13,884	46.03	3.23	$51,771
Dec 2018	248	14,080	46.59	4.19	$70,485
Nov 2018	184	12,428	52.93	4.24	$62,400
Oct 2018	209	12,330	61.44	3.40	$54,739
Sep 2018	211	11,852	59.54	3.11	$49,399
Aug 2018	268	11,513	59.40	3.07	$51,225
Jul 2018	347	14,339	65.14	2.93	$64,644
Jun 2018	273	12,532	60.18	3.08	$54,989
May 2018	336	12,683	65.38	2.90	$58,759
Apr 2018	402	12,409	63.84	2.90	$61,660
Mar 2018	416	13,365	61.22	2.79	$62,714
Feb 2018	330	11,591	61.78	2.77	$52,450
Jan 2018	483	17,384	62.87	4.01	$100,064
Dec 2017	351	13,960	57.27	2.92	$60,886
Nov 2017	342	14,166	55.42	3.12	$63,128
Oct 2017	382	14,403	49.29	2.98	$61,803
Sep 2017	441	13,606	47.52	3.09	$62,962
Aug 2017	474	15,238	45.37	3.00	$67,286
Jul 2017	301	15,569	43.87	3.09	$61,271
Jun 2017	458	15,417	42.49	3.09	$67,057
May 2017	535	16,020	45.37	3.26	$76,553
Apr 2017	515	15,675	47.93	3.21	$75,026
Mar 2017	582	16,034	46.77	2.98	$75,060
Feb 2017	775	15,145	50.45	2.95	$83,816
Jan 2017	784	17,448	49.41	3.42	$98,389
Dec 2016	764	17,888	48.76	3.72	$103,847
Nov 2016	792	18,584	42.49	2.64	$82,795
Oct 2016	791	18,476	46.19	3.09	$93,632
Sep 2016	849	18,019	41.55	3.10	$91,146
Aug 2016	914	18,504	41.44	2.92	$91,988
Jul 2016	734	18,703	41.62	2.92	$85,243
Jun 2016	832	19,100	45.35	2.69	$89,031
May 2016	1,196	20,316	42.52	1.99	$91,304
Apr 2016	1,120	20,007	36.56	1.99	$80,782
Mar 2016	1,065	21,691	33.01	1.79	$74,070
Feb 2016	941	21,136	26.47	2.06	$68,525
Jan 2016	1,013	23,244	27.35	2.36	$82,663
Dec 2015	716	24,461	32.36	2.00	$72,126
Nov 2015	776	26,237	38.79	2.17	$86,965
Oct 2015	679	28,278	43.55	2.43	$98,189
Sep 2015	804	28,780	42.99	2.76	$113,951
Aug 2015	759	31,433	40.16	2.87	$120,772
Jul 2015	901	31,888	48.15	2.95	$137,296
Jun 2015	1,042	31,673	56.15	2.88	$149,817
May 2015	1,119	36,303	55.21	2.96	$169,072
Apr 2015	1,336	34,906	49.82	2.71	$161,035
Mar 2015	1,291	37,766	42.89	2.93	$166,203
Feb 2015	880	26,323	44.66	2.98	$117,643
Jan 2015	1,397	29,244	43.43	3.10	$151,347
Dec 2014	644	23,949	54.69	3.59	$121,230
Nov 2014	527	22,700	70.46	4.25	$133,649
Oct 2014	398	16,883	78.30	3.90	$97,023
Sep 2014	387	24,262	86.16	4.05	$131,494
Aug 2014	775	39,294	89.39	4.04	$227,833
Jul 2014	1,112	44,461	96.56	4.18	$293,204
Jun 2014	908	46,537	98.16	4.74	$309,569
May 2014	1,310	50,932	94.73	4.73	$364,829
Apr 2014	1,327	47,510	95.94	4.81	$355,794
Mar 2014	1,903	58,707	95.89	5.06	$479,348
Feb 2014	1,578	53,612	97.40	6.19	$485,663
Jan 2014	1,773	63,248	90.40	4.86	$467,710
Dec 2013	2,788	69,278	91.82	4.35	$557,664
Nov 2013	2,731	77,244	88.85	3.74	$531,409
Oct 2013	3,363	94,503	97.42	3.78	$684,784
Sep 2013	3,478	106,864	104.11	3.72	$759,387
Aug 2013	5,018	115,895	104.25	3.52	$931,379
Jul 2013	7,168	156,454	102.52	3.72	$1,316,519
Jun 2013	10,410	178,840	94.40	3.93	$1,686,155
May 2013	3,983	54,490	94.83	4.15	$603,791

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           304 bbl  × $106.41 =    $32,349
Gas               10,746 Mcf  × $  3.05 =    $32,731

────────────────────────────────────────────────────
Month total                                  $65,079

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/269698 is the state's own key, not one this site invented.