STILES 18

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 272625District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Aug 2013 – May 2026
Value, last 12 filed months
$111 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 Gas112014-07-23211801
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
CondensateDisposition26,626 bbl$1,893,271
GasProduction438,976 Mcf$1,530,182
Total$3,423,454

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 35.4731, -100.0499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47311, -100.04992 · 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
12,924 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 12,924 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-483336982318H12,924 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 2026741,165106.413.05$11,423
Apr 2026591,04398.932.87$8,830
Mar 2026671,34589.753.15$10,249
Feb 20262241,22063.503.75$18,799
Jan 2026111,46759.138.00$12,383
Dec 2025181,44156.664.41$7,380
Nov 2025281,53358.593.93$7,660
Oct 2025671,35659.383.30$8,460
Sep 202581,11262.743.08$3,923
Aug 2025341,19263.933.01$5,767
Jul 20256382566.743.32$6,940
Jun 2025931,01866.483.13$9,368
May 2025741,32560.553.23$8,764
Apr 2025601,59162.363.54$9,379
Mar 2025741,56467.704.27$11,685
Feb 2025171,20170.884.34$6,418
Jan 2025491,55774.324.28$10,304
Dec 2024471,52868.993.12$8,012
Nov 2024411,60969.052.20$6,368
Oct 2024261,69171.372.28$5,713
Sep 2024421,61669.612.36$6,744
Aug 2024421,80375.632.06$6,897
Jul 2024331,81679.932.15$6,536
Jun 2024301,70378.082.63$6,828
May 2024711,73478.812.20$9,408
Apr 2024471,75884.451.66$6,886
Mar 2024431,53580.301.55$5,825
Feb 2024401,46176.091.78$5,650
Jan 20241861,55273.023.30$18,700
Dec 20231831,52371.262.61$17,017
Nov 20231041,57577.892.81$12,522
Oct 20231311,58085.443.09$16,071
Sep 20231841,47989.042.74$20,428
Aug 20232421,71080.522.67$24,056
Jul 2023811,68174.852.64$10,504
Jun 20231771,66368.962.26$15,962
May 20231761,59170.622.23$15,973
Apr 20231031,55678.122.24$11,528
Mar 2023801,47172.852.39$9,348
Feb 20231841,29275.112.47$17,006
Jan 20231981,59576.533.39$20,556
Dec 20221641,43976.415.73$20,775
Nov 2022391,57185.005.65$12,185
Oct 2022271,65687.185.86$12,064
Sep 2022421,83084.888.16$18,504
Aug 2022461,90394.529.13$21,717
Jul 2022361,935101.587.54$18,251
Jun 2022381,818115.097.98$18,876
May 2022451,816109.378.43$20,236
Apr 2022721,722104.226.84$19,278
Mar 20221001,739108.885.08$19,716
Feb 20221131,52191.054.86$17,679
Jan 2022591,72681.844.54$12,661
Dec 2021521,67871.323.90$10,251
Nov 2021461,78077.435.24$12,883
Oct 2021451,95779.795.71$14,773
Sep 2021401,98869.865.35$13,432
Aug 2021511,99266.024.22$11,774
Jul 2021522,04670.783.98$11,828
Jun 2021572,12969.493.38$11,158
May 20212151,96363.483.02$19,572
Apr 2021111,82660.362.76$5,701
Mar 2021392,13961.302.72$8,202
Feb 2021271,21257.805.55$8,285
Jan 20211941,60050.412.81$14,276
Dec 2020221,83744.642.68$5,897
Nov 20202231,79738.772.71$13,509
Oct 2020432,03436.972.48$6,631
Sep 2020422,07737.091.99$5,693
Aug 2020592,05839.982.39$7,267
Jul 2020692,31838.371.83$6,878
Jun 2020762,29834.901.69$6,537
May 2020862,59116.921.81$6,157
Apr 2020832,11214.751.80$5,035
Mar 2020792,48230.341.86$7,004
Feb 20201962,37049.881.98$14,471
Jan 20203952,77357.252.09$28,422
Dec 20192262,30759.012.30$18,652
Nov 20192152,41855.302.75$18,541
Oct 2019392,61053.472.42$8,398
Sep 20192202,56655.052.66$18,930
Aug 2019272,92153.112.30$8,165
Jul 20192082,89456.272.46$18,824
Jun 2019212,58652.782.49$7,551
May 20191652,36358.482.74$16,125
Apr 2019152,70062.632.75$8,366
Mar 20192122,06556.803.06$18,365
Feb 2019201,98650.852.79$6,562
Jan 20192002,02146.033.23$15,730
Dec 2018192,12646.594.19$9,783
Nov 20182132,05752.934.24$19,990
Oct 2018202,19361.443.40$8,681
Sep 20182042,02559.543.11$18,440
Aug 2018122,18059.403.07$7,398
Jul 20181851,42165.142.93$16,217
Jun 2018121,73260.183.08$6,051
May 20182041,69765.382.90$18,260
Apr 2018211,58263.842.90$5,930
Mar 20181261,35561.222.79$11,490
Feb 2018951,47361.782.77$9,944
Jan 20181131,68662.874.01$13,864
Dec 2017861,82057.272.92$10,242
Nov 20171031,88355.423.12$11,580
Oct 2017981,78149.292.98$10,144
Sep 2017733,19047.523.09$13,317
Aug 2017672,24545.373.00$9,785
Jul 2017492,28443.873.09$9,201
Jun 2017392,21842.493.09$8,505
May 2017382,02345.373.26$8,326
Apr 2017541,54747.933.21$7,557
Mar 2017651,65946.772.98$7,990
Feb 20172311,81950.452.95$17,025
Jan 2017312,50649.413.42$10,099
Dec 20161051,70948.763.72$11,482
Nov 20161392,28942.492.64$11,959
Oct 20161322,38346.193.09$13,461
Sep 20161262,06241.553.10$11,629
Aug 20161402,24341.442.92$12,361
Jul 20161362,25041.622.92$12,240
Jun 20163182,59445.352.69$21,388
May 20162033,60742.521.99$15,813
Apr 20162153,60636.561.99$15,040
Mar 20162173,87433.011.79$14,113
Feb 20162083,66026.472.06$13,059
Jan 20162103,99227.352.36$15,182
Dec 20152124,25732.362.00$15,380
Nov 20152154,20738.792.17$17,458
Oct 20152144,44443.552.43$20,103
Sep 20151974,35542.992.76$20,482
Aug 20153804,58540.162.87$28,431
Jul 20151914,78448.152.95$23,286
Jun 20153814,90056.152.88$35,519
May 20152055,40155.212.96$27,280
Apr 20153855,17249.822.71$33,179
Mar 20153785,39642.892.93$32,048
Feb 20151895,04544.662.98$23,456
Jan 20155695,67443.433.10$42,305
Dec 20143826,12454.693.59$42,885
Nov 20145786,63170.464.25$68,920
Oct 20141907,23978.303.90$43,116
Sep 20145647,34086.164.05$78,288
Aug 20145638,61289.394.04$85,077
Jul 20147229,84996.564.18$110,881
Jun 201452010,35298.164.74$100,079
May 201475311,74794.734.73$126,855
Apr 201473810,96295.944.81$123,521
Mar 20145617,00895.895.06$89,232
Feb 20147743,33497.406.19$96,032
Jan 20143883,09790.404.86$50,129
Dec 20132028,56691.824.35$55,848
Nov 20137706,94988.853.74$94,392
Oct 20131,1187,34697.423.78$136,679
Sep 20131,14312,758104.113.72$166,429
Aug 201377512,424104.253.52$124,559

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            74 bbl  × $106.41 =     $7,874
Gas                1,165 Mcf  × $  3.05 =     $3,548

────────────────────────────────────────────────────
Month total                                  $11,423

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/272625 is the state's own key, not one this site invented.