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 275692District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Sep 2014 – May 2026
Value, last 12 filed months
$189 k
at the published price for each month
Months reported
141
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 Gas112016-10-04218976
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
CondensateDisposition19,934 bbl$1,107,992
GasProduction1,588,593 Mcf$5,115,855
Total$6,223,847

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 35.3723, -100.0099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.37228, -100.00985 · 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
14,344 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 14,344 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-483338301354SL14,344 ftSep 2014

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 (141)

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

141 months

May 2026443,919106.413.05$16,619
Apr 2026353,65198.932.87$13,940
Mar 2026403,77589.753.15$15,479
Feb 2026303,24663.503.75$14,079
Jan 2026283,91159.138.00$32,936
Dec 2025563,72756.664.41$19,622
Nov 2025453,67458.593.93$17,062
Oct 2025363,34759.383.30$13,199
Sep 2025253,47562.743.08$12,261
Aug 2025304,32463.933.01$14,954
Jul 20253821066.743.32$3,232
Jun 2025613,56866.483.13$15,219
May 20251124,17260.553.23$20,267
Apr 2025723,95062.363.54$18,485
Mar 2025505,74467.704.27$27,902
Feb 2025705,48270.884.34$28,758
Jan 2025776,36174.324.28$32,939
Dec 2024663,76068.993.12$16,290
Nov 2024915,13769.052.20$17,577
Oct 20241026,92071.372.28$23,067
Sep 2024626,25769.612.36$19,110
Aug 2024807,01075.632.06$20,516
Jul 20241037,19079.932.15$23,667
Jun 2024627,48178.082.63$24,546
May 2024957,67878.812.20$24,367
Apr 20245310,43384.451.66$21,786
Mar 2024436,63780.301.55$13,708
Feb 2024495,39576.091.78$13,351
Jan 2024474,78473.023.30$19,208
Dec 2023497,79371.262.61$23,837
Nov 2023557,55777.892.81$25,501
Oct 20231757,96385.443.09$39,536
Sep 2023537,43889.042.74$25,062
Aug 2023628,18380.522.67$26,864
Jul 2023618,69974.852.64$27,547
Jun 20231468,81068.962.26$29,965
May 2023478,33670.622.23$21,887
Apr 2023217,57478.122.24$18,589
Mar 2023726,93472.852.39$21,839
Feb 2023396,32375.112.47$18,520
Jan 2023476,64176.533.39$26,095
Dec 2022456,98176.415.73$43,433
Nov 2022914,41485.005.65$32,657
Oct 2022575,72787.185.86$38,551
Sep 2022366,11784.888.16$52,993
Aug 2022646,56794.529.13$65,987
Jul 2022477,071101.587.54$58,104
Jun 2022506,698115.097.98$59,186
May 2022866,888109.378.43$67,493
Apr 2022626,546104.226.84$51,221
Mar 2022596,281108.885.08$38,309
Feb 2022805,66291.054.86$34,795
Jan 2022785,76781.844.54$32,552
Dec 20211436,48671.323.90$35,488
Nov 2021445,91877.435.24$34,399
Oct 2021476,79879.795.71$42,593
Sep 2021644,54969.865.35$28,812
Aug 2021676,77666.024.22$33,022
Jul 2021605,55770.783.98$26,375
Jun 2021686,48969.493.38$26,662
May 20212056,87063.483.02$33,745
Apr 2021236,47560.362.76$19,249
Mar 2021216,71661.302.72$19,534
Feb 20212092,25457.805.55$24,585
Jan 202181,38650.412.81$4,298
Dec 20202106,85644.642.68$27,717
Nov 2020525,66538.772.71$17,349
Oct 2020585,89436.972.48$16,752
Sep 2020776,67837.091.99$16,152
Aug 2020515,78839.982.39$15,844
Jul 2020636,90438.371.83$15,018
Jun 2020685,86034.901.69$12,278
May 2020717,29316.921.81$14,436
Apr 20202656,25414.751.80$15,193
Mar 20202218,14130.341.86$21,817
Feb 2020317,61849.881.98$16,635
Jan 2020599,15957.252.09$22,563
Dec 20191118,89859.012.30$27,054
Nov 2019449,03055.302.75$27,272
Oct 2019909,09453.472.42$26,807
Sep 2019668,88855.052.66$27,251
Aug 2019659,06453.112.30$24,339
Jul 20191158,09156.272.46$26,375
Jun 20191568,30652.782.49$28,926
May 20191518,70058.482.74$32,671
Apr 2019998,42562.632.75$29,375
Mar 2019728,21256.803.06$29,236
Feb 2019947,16850.852.79$24,795
Jan 20191028,56646.033.23$32,348
Dec 20181027,80746.594.19$37,428
Nov 20181365,65252.934.24$31,147
Oct 20181968,49761.443.40$40,916
Sep 20182177,04159.543.11$34,804
Aug 20181587,31759.403.07$31,823
Jul 20181387,77965.142.93$31,796
Jun 20181238,94160.183.08$34,913
May 20181747,24265.382.90$32,384
Apr 20181168,79763.842.90$32,924
Mar 20181718,00161.222.79$32,766
Feb 20182317,40461.782.77$34,752
Jan 20182529,32262.874.01$53,218
Dec 20173159,64357.272.92$46,212
Nov 201738210,29355.423.12$53,268
Oct 201722011,71649.292.98$45,801
Sep 201726710,09047.523.09$43,839
Aug 201720011,09445.373.00$42,405
Jul 201725211,02143.873.09$45,080
Jun 201715711,04942.493.09$40,782
May 201710311,80445.373.26$43,194
Apr 20175812,87047.933.21$44,113
Mar 201728212,75646.772.98$51,249
Feb 20176411,54650.452.95$37,320
Jan 20177511,64249.413.42$43,507
Dec 20166513,29248.763.72$52,653
Nov 201626913,53342.492.64$47,216
Oct 20169713,65846.193.09$46,687
Sep 201610113,37641.553.10$45,671
Aug 20165712,96041.442.92$40,262
Jul 201627213,44541.622.92$50,638
Jun 20167414,45345.352.69$42,174
May 20167315,74442.521.99$34,451
Apr 201622515,70136.561.99$39,487
Mar 201617516,27633.011.79$34,976
Feb 201637018,16626.472.06$47,282
Jan 201618812,86427.352.36$35,557
Dec 201527920,40232.362.00$49,861
Nov 201543821,06338.792.17$62,640
Oct 201546122,13343.552.43$73,784
Sep 201546537442.992.76$21,022
Aug 201524527,45140.162.87$88,692
Jul 201524027,83048.152.95$93,518
Jun 201538928,02156.152.88$102,623
May 201552531,95755.212.96$123,433
Apr 201544732,96149.822.71$111,481
Mar 201525740,15842.892.93$128,875
Feb 201553341,94044.662.98$148,625
Jan 201546256,57943.433.10$195,495
Dec 201456056,54954.693.59$233,714
Nov 201484581,04270.464.25$404,116
Oct 2014494115,80878.303.90$490,443
Sep 201430518,51986.164.05$101,196

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            44 bbl  × $106.41 =     $4,682
Gas                3,919 Mcf  × $  3.05 =    $11,937

────────────────────────────────────────────────────
Month total                                  $16,619

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/275692 is the state's own key, not one this site invented.