SANDRA

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 270675District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Aug 2013 – May 2026
Value, last 12 filed months
$206 k
at the published price for each month
Months reported
154
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 Gas112013-12-10211876
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
CondensateDisposition48,050 bbl$2,993,922
GasProduction972,250 Mcf$3,482,888
Total$6,476,810

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 35.4067, -100.0023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.40672, -100.00230 · 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
14,081 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 14,081 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-483336833019H14,081 ftAug 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 (154)

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

154 months

May 2026801,903106.413.05$14,309
Apr 20261351,72598.932.87$18,306
Mar 20262482,34389.753.15$29,637
Feb 20261672,53963.503.75$20,127
Jan 20261182,53059.138.00$27,212
Dec 20251683,02456.664.41$22,865
Nov 2025932,75758.593.93$16,274
Oct 2025762,83159.383.30$13,869
Sep 2025612,28362.743.08$10,852
Aug 2025811,89663.933.01$10,894
Jul 2025832,10366.743.32$12,511
Jun 2025352,05566.483.13$8,756
May 2025912,02060.553.23$12,039
Apr 20251362,12962.363.54$16,024
Mar 20251482,46367.704.27$20,532
Feb 20251282,72870.884.34$20,914
Jan 20251143,19074.324.28$22,121
Dec 2024952,94968.993.12$15,759
Nov 2024972,61069.052.20$12,436
Oct 2024852,68571.372.28$12,192
Sep 2024622,60469.612.36$10,473
Aug 2024992,95575.632.06$13,585
Jul 20241112,96779.932.15$15,241
Jun 20241033,57378.082.63$17,453
May 20241063,78478.812.20$16,673
Apr 20241953,59384.451.66$22,429
Mar 20241973,85180.301.55$21,769
Feb 20241434,02376.091.78$18,056
Jan 20241883,63273.023.30$25,705
Dec 20231473,48671.262.61$19,576
Nov 20231223,46577.892.81$19,231
Oct 20231473,81385.443.09$24,331
Sep 2023633,93389.042.74$16,366
Aug 2023934,29780.522.67$18,974
Jul 20231233,80474.852.64$19,256
Jun 20231553,96068.962.26$19,632
May 20231723,70170.622.23$20,390
Apr 20231943,47378.122.24$22,927
Mar 20231993,42072.852.39$22,682
Feb 20231902,94275.112.47$21,525
Jan 20232232,86676.533.39$26,775
Dec 20221163,06476.415.73$26,417
Nov 2022632,78485.005.65$21,074
Oct 2022803,00487.185.86$24,589
Sep 20221432,93984.888.16$36,131
Aug 2022943,05294.529.13$36,741
Jul 2022913,011101.587.54$31,953
Jun 2022933,138115.097.98$35,736
May 20221253,359109.378.43$41,998
Apr 20223223,133104.226.84$54,981
Mar 20222743,334108.885.08$46,758
Feb 20222802,83291.054.86$39,254
Jan 20223532,85681.844.54$41,849
Dec 20215272,54971.323.90$47,525
Nov 2021602,75077.435.24$19,047
Oct 20212473,01679.795.71$36,941
Sep 20213402,79969.865.35$38,730
Aug 20212953,22866.024.22$33,100
Jul 20212023,03270.783.98$26,371
Jun 20213563,58369.493.38$36,851
May 20213123,70363.483.02$30,980
Apr 20213343,49760.362.76$29,806
Mar 20213773,70261.302.72$33,168
Feb 20211913,00557.805.55$27,711
Jan 20213974,42650.412.81$32,451
Dec 20204663,53944.642.68$30,271
Nov 20203153,16138.772.71$20,768
Oct 20203523,17336.972.48$20,878
Sep 20203183,62437.091.99$19,010
Aug 20204313,64739.982.39$25,930
Jul 20203584,10538.371.83$21,229
Jun 20201903,93634.901.69$13,284
May 20202153,96116.921.81$10,826
Apr 20202013,44114.751.80$9,174
Mar 20202753,85130.341.86$15,492
Feb 20203553,25249.881.98$24,149
Jan 20202923,76257.252.09$24,597
Dec 20194033,92259.012.30$32,819
Nov 20192193,96755.302.75$23,023
Oct 20193703,94553.472.42$29,325
Sep 2019323,95055.052.66$12,258
Aug 20191134,16653.112.30$15,601
Jul 20191173,63956.272.46$15,536
Jun 20191014,01752.782.49$15,338
May 20192424,03958.482.74$25,220
Apr 20192213,88962.632.75$24,539
Mar 2019413,69756.803.06$13,649
Feb 20193933,77050.852.79$30,511
Jan 20192114,07546.033.23$22,867
Dec 2018183,96646.594.19$17,438
Nov 20182132,79552.934.24$23,117
Oct 2018333,92661.443.40$15,368
Sep 2018452,99559.543.11$11,988
Aug 2018504,00859.403.07$15,261
Jul 2018493,89265.142.93$14,603
Jun 20181683,99460.183.08$22,399
May 20181573,08465.382.90$19,211
Apr 20181693,89763.842.90$22,093
Mar 20183063,58361.222.79$28,719
Feb 20181963,17861.782.77$20,900
Jan 2018273,98462.874.01$17,671
Dec 2017552,91857.272.92$11,675
Nov 20171584,65455.423.12$23,269
Oct 20171785,02249.292.98$23,758
Sep 20172154,82247.523.09$25,104
Aug 20172085,01945.373.00$24,516
Jul 2017644,89143.873.09$17,908
Jun 20171144,87542.493.09$19,894
May 20171685,11845.373.26$24,324
Apr 20171835,07047.933.21$25,054
Mar 20173074,89046.772.98$28,949
Feb 20172394,71550.452.95$25,979
Jan 20174375,23949.413.42$39,503
Dec 20168385,73248.763.72$62,200
Nov 20166795,51242.492.64$43,426
Oct 20165676,31546.193.09$45,705
Sep 20169825,72441.553.10$58,550
Aug 20169935,61241.442.92$57,561
Jul 20168815,29041.622.92$52,137
Jun 20169025,79845.352.69$56,478
May 20167626,11742.521.99$44,579
Apr 20167726,76136.561.99$41,686
Mar 20166807,54033.011.79$35,974
Feb 20166047,15326.472.06$30,749
Jan 20166265,97927.352.36$31,258
Dec 20156686,13032.362.00$33,885
Nov 20156957,57938.792.17$43,385
Oct 20156228,45643.552.43$47,607
Sep 20156558,32142.992.76$51,111
Aug 20157028,66240.162.87$53,074
Jul 20156858,62848.152.95$58,393
Jun 20156988,79856.152.88$64,556
May 20155639,04155.212.96$57,803
Apr 20153568,70849.822.71$41,305
Mar 20153779,71442.892.93$44,677
Feb 201538713,44144.662.98$57,286
Jan 201529312,23743.433.10$50,667
Dec 201440214,20554.693.59$73,001
Nov 201476419,35070.464.25$136,105
Oct 201443116,99078.303.90$100,025
Sep 201427917,41686.164.05$94,494
Aug 201441017,29789.394.04$106,445
Jul 201448818,15096.564.18$122,981
Jun 201449214,76098.164.74$118,211
May 201452018,16594.734.73$135,118
Apr 201475819,15495.944.81$164,836
Mar 201446219,94195.895.06$145,139
Feb 201458322,60797.406.19$196,767
Jan 201467624,27090.404.86$179,080
Dec 20131,20330,97091.824.35$245,318
Nov 201397634,60488.853.74$216,077
Oct 201398237,34797.423.78$236,814
Sep 20131,13141,512104.113.72$272,079
Aug 201357532,500104.253.52$174,429

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            80 bbl  × $106.41 =     $8,513
Gas                1,903 Mcf  × $  3.05 =     $5,796

────────────────────────────────────────────────────
Month total                                  $14,309

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/270675 is the state's own key, not one this site invented.