TYLER 55

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the MILLS 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 271331District 10Field 616912352 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.0 M
Apr 2013 – May 2026
Value, last 12 filed months
$238 k
at the published price for each month
Months reported
158
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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
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 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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 Gas112016-03-08217983
NGPA3none

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
CondensateDisposition103,697 bbl$8,183,766
GasProduction1,071,065 Mcf$3,795,971
Total$11,979,737

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 35.3870, -100.0165. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38697, -100.01655 · 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
11,539 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 11,539 ft.

Completions filed
Apr 2013
1 of 1 wells

1 well

42-483336507H11,539 ftApr 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 (158)

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

158 months

May 20261723,237106.413.05$28,162
Apr 2026993,08398.932.87$18,641
Mar 20261222,84189.753.15$19,897
Feb 2026792,55063.503.75$14,580
Jan 2026182,49159.138.00$20,987
Dec 2025762,81856.664.41$16,743
Nov 2025712,74258.593.93$14,926
Oct 20251062,81459.383.30$15,594
Sep 20252322,81362.743.08$23,211
Aug 20252193,42863.933.01$24,335
Jul 20252672,99666.743.32$27,752
Jun 2025632,95666.483.13$13,437
May 20252112,88360.553.23$22,095
Apr 20251802,89862.363.54$21,493
Mar 20251803,12067.704.27$25,503
Feb 2025872,44670.884.34$16,784
Jan 20253152,91174.324.28$35,866
Dec 2024862,94668.993.12$15,129
Nov 20241562,81569.052.20$16,960
Oct 20241412,99271.372.28$16,889
Sep 20241932,86269.612.36$20,202
Aug 20242672,98275.632.06$26,347
Jul 20241532,80079.932.15$18,240
Jun 20242233,15678.082.63$25,725
May 20241533,37578.812.20$19,478
Apr 20241703,16484.451.66$19,606
Mar 20242573,63680.301.55$26,255
Feb 2024893,88076.091.78$13,693
Jan 202413491573.023.30$12,802
Dec 20232483,14971.262.61$25,894
Nov 20232053,05577.892.81$24,545
Oct 20233323,07685.443.09$37,863
Sep 2023492,74689.042.74$11,873
Aug 20231023,12380.522.67$16,560
Jul 20231143,01174.852.64$16,487
Jun 20231553,15968.962.26$17,823
May 20231423,29770.622.23$17,372
Apr 2023993,27378.122.24$15,058
Mar 20232123,35872.852.39$23,480
Feb 20231073,17675.112.47$15,868
Jan 20231462,88576.533.39$20,947
Dec 2022952,71676.415.73$22,819
Nov 20221062,74885.005.65$24,526
Oct 20221093,07687.185.86$27,540
Sep 2022562,98384.888.16$29,106
Aug 2022593,06294.529.13$33,524
Jul 2022413,156101.587.54$27,968
Jun 2022353,457115.097.98$31,605
May 20221342,666109.378.43$37,138
Apr 20221763,165104.226.84$39,984
Mar 20221473,195108.885.08$32,224
Feb 20221522,92691.054.86$28,057
Jan 20221782,78581.844.54$27,205
Dec 20213693,13471.323.90$38,537
Nov 2021523,07677.435.24$20,135
Oct 20211613,64679.795.71$33,679
Sep 20211592,28869.865.35$23,351
Aug 20211503,04266.024.22$22,742
Jul 20211122,32270.783.98$17,174
Jun 20211502,94569.493.38$20,379
May 20211523,80263.483.02$21,122
Apr 20211483,63760.362.76$18,966
Mar 20212734,41361.302.72$28,725
Feb 2021732,48857.805.55$18,023
Jan 20213816,00550.412.81$36,082
Dec 20202034,07944.642.68$19,975
Nov 20202033,97438.772.71$18,626
Oct 2020753,66736.972.48$11,861
Sep 20201914,02937.091.99$15,106
Aug 20201873,96139.982.39$16,924
Jul 20201674,34838.371.83$14,343
Jun 20201194,38134.901.69$11,558
May 20201544,29716.921.81$10,404
Apr 20201434,32414.751.80$9,911
Mar 20201184,50830.341.86$11,948
Feb 20201414,19749.881.98$15,346
Jan 20201434,32857.252.09$17,253
Dec 20192924,50859.012.30$27,619
Nov 20191894,46655.302.75$22,736
Oct 20192434,71753.472.42$24,401
Sep 20192674,53955.052.66$26,760
Aug 20192674,87853.112.30$25,421
Jul 20192784,11456.272.46$25,764
Jun 20192844,67452.782.49$26,633
May 20192884,83758.482.74$30,097
Apr 20192844,21562.632.75$29,381
Mar 20192291,26956.803.06$16,893
Feb 20192134,36950.852.79$23,030
Jan 20192835,15946.033.23$29,681
Dec 20182655,41546.594.19$35,011
Nov 20182583,79252.934.24$29,724
Oct 20182455,17861.443.40$32,648
Sep 20183203,87559.543.11$31,096
Aug 20183594,98859.403.07$36,621
Jul 20183405,33765.142.93$37,795
Jun 20183885,22560.183.08$39,427
May 20183163,64565.382.90$31,234
Apr 20183163,85363.842.90$31,350
Mar 20183893,32961.222.79$33,092
Feb 20183683,18061.782.77$31,531
Jan 20184323,96562.874.01$43,057
Dec 20173693,95157.272.92$32,676
Nov 20174285,69455.423.12$41,476
Oct 20174266,29449.292.98$39,777
Sep 20174915,86747.523.09$41,445
Aug 20176656,19245.373.00$48,774
Jul 20174476,21543.873.09$38,797
Jun 20175416,26742.493.09$42,335
May 20176056,64845.373.26$49,144
Apr 20174876,94347.933.21$45,640
Mar 20178767,08746.772.98$62,116
Feb 20176956,56450.452.95$54,444
Jan 20177096,74949.413.42$58,105
Dec 20167257,13548.763.72$61,913
Nov 20166307,90742.492.64$47,678
Oct 20165758,73646.193.09$53,556
Sep 20167897,75541.553.10$56,828
Aug 20166328,47441.442.92$50,971
Jul 20168468,78241.622.92$60,892
Jun 20166564,76745.352.69$42,553
May 20162296,28442.521.99$22,249
Apr 20162117,17136.561.99$21,992
Mar 20164947,87333.011.79$30,431
Feb 20163077,26726.472.06$23,123
Jan 20163967,07127.352.36$27,549
Dec 20158748,40532.362.00$45,104
Nov 20154058,36138.792.17$33,831
Oct 20153798,97043.552.43$38,272
Sep 20153739,32542.992.76$41,758
Aug 201527610,02340.162.87$39,875
Jul 201530610,34548.152.95$45,201
Jun 201545910,36956.152.88$55,665
May 201567210,43655.212.96$67,944
Apr 201583210,31449.822.71$69,366
Mar 20151,06811,50842.892.93$79,579
Feb 20151,45910,20144.662.98$95,519
Jan 20156689,43243.433.10$58,256
Dec 20141,33513,32054.693.59$120,848
Nov 20141,35911,70570.464.25$145,523
Oct 20141,82814,53378.303.90$199,825
Sep 20141,18110,06486.164.05$142,468
Aug 20142,14414,53789.394.04$250,311
Jul 20142,35415,41296.564.18$291,718
Jun 20142,09815,81898.164.74$280,868
May 20142,47717,68294.734.73$318,221
Apr 20143,72917,88395.944.81$443,762
Mar 20142,10720,42595.895.06$305,325
Feb 20141,57018,79097.406.19$269,266
Jan 20143,12218,56490.404.86$372,463
Dec 20132,74316,96891.824.35$325,749
Nov 20133,32118,38788.853.74$363,807
Oct 20133,59921,78297.423.78$432,937
Sep 20134,16125,157104.113.72$526,729
Aug 20134,82731,046104.253.52$612,578
Jul 20135,50535,731102.523.72$697,211
Jun 20136,78643,31994.403.93$810,990
May 20137,59654,75694.834.15$947,516
Apr 201301,59393.964.28$6,822

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           172 bbl  × $106.41 =    $18,303
Gas                3,237 Mcf  × $  3.05 =     $9,859

────────────────────────────────────────────────────
Month total                                  $28,162

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/271331 is the state's own key, not one this site invented.