STILES 1

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 276173District 10Field 61691235CondensateGasSaveExport
Value, all time
$6.2 M
May 2014 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
145
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.

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
CondensateDisposition70,928 bbl$4,503,436
GasProduction537,423 Mcf$1,729,719
Total$6,233,154

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 35.4439, -100.0850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44386, -100.08499 · 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
11,324 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 11,324 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-483338321901H11,324 ftMay 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 (145)

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

145 months

May 2026751,457106.413.05$12,419
Apr 2026951,42498.932.87$13,485
Mar 2026671,56689.753.15$10,945
Feb 20261051,35163.503.75$11,734
Jan 2026651,57459.138.00$16,432
Dec 20251101,60556.664.41$13,316
Nov 2025601,62858.593.93$9,908
Oct 2025921,74059.383.30$11,213
Sep 2025611,69362.743.08$9,036
Aug 2025821,89463.933.01$10,952
Jul 2025851,79266.743.32$11,614
Jun 2025731,71166.483.13$10,206
May 2025861,76860.553.23$10,922
Apr 2025821,75962.363.54$11,346
Mar 2025832,08767.704.27$14,527
Feb 2025781,52170.884.34$12,131
Jan 2025961,94074.324.28$15,435
Dec 2024651,73068.993.12$9,884
Nov 2024811,92969.052.20$9,834
Oct 2024922,19271.372.28$11,567
Sep 2024872,28969.612.36$11,468
Aug 2024702,31375.632.06$10,067
Jul 2024722,33479.932.15$10,765
Jun 2024871,99278.082.63$12,040
May 2024802,08478.812.20$10,886
Apr 20241052,15984.451.66$12,449
Mar 2024742,23280.301.55$9,391
Feb 2024892,15776.091.78$10,619
Jan 20241082,29473.023.30$15,451
Dec 2023942,38071.262.61$12,912
Nov 2023862,44577.892.81$13,563
Oct 2023702,72585.443.09$14,394
Sep 2023342,49189.042.74$9,840
Aug 2023341,97580.522.67$8,017
Jul 2023392,29174.852.64$8,972
Jun 2023742,44668.962.26$10,627
May 2023462,51170.622.23$8,842
Apr 2023752,48878.122.24$11,427
Mar 20231152,56272.852.39$14,509
Feb 20231532,41075.112.47$17,434
Jan 20231022,40276.533.39$15,943
Dec 20221631,23176.415.73$19,507
Nov 20221761,63085.005.65$24,163
Oct 20222201,79587.185.86$29,705
Sep 20221702,10784.888.16$31,630
Aug 20221872,27594.529.13$38,440
Jul 20222341,956101.587.54$38,522
Jun 20221341,929115.097.98$30,810
May 20221901,526109.378.43$33,649
Apr 20221721,931104.226.84$31,129
Mar 20223881,781108.885.08$51,287
Feb 20222431,43391.054.86$29,088
Jan 20223591,83681.844.54$37,712
Dec 20212791,18671.323.90$24,523
Nov 20212411,18077.435.24$24,840
Oct 20212341,28079.795.71$25,985
Sep 20211731,40669.865.35$19,609
Aug 20211581,50266.024.22$16,770
Jul 20211521,72070.783.98$17,608
Jun 20211602,04169.493.38$18,018
May 20212052,27863.483.02$19,888
Apr 20212372,31760.362.76$20,697
Mar 20213092,60161.302.72$26,008
Feb 20211681,83757.805.55$19,902
Jan 20212951,96650.412.81$20,396
Dec 20202752,28844.642.68$18,397
Nov 20202662,49738.772.71$17,071
Oct 20203422,80036.972.48$19,583
Sep 20202932,77437.091.99$16,391
Aug 20203052,92439.982.39$19,168
Jul 20203382,74538.371.83$17,979
Jun 20202952,98234.901.69$15,336
May 20203453,57116.921.81$12,318
Apr 20204392,98814.751.80$11,867
Mar 20203762,27330.341.86$15,627
Feb 20203282,33649.881.98$20,987
Jan 20203502,32357.252.09$24,904
Dec 20193292,58559.012.30$25,371
Nov 20193022,67155.302.75$24,048
Oct 20193123,41753.472.42$24,947
Sep 20193153,19455.052.66$25,828
Aug 20193473,09453.112.30$25,559
Jul 20193243,16956.272.46$26,027
Jun 20192702,65252.782.49$20,857
May 20192892,40058.482.74$23,477
Apr 20192682,44662.632.75$23,513
Mar 20192451,66656.803.06$19,017
Feb 20192362,01650.852.79$17,630
Jan 20192361,80446.033.23$16,687
Dec 20182141,92746.594.19$18,036
Nov 20182322,09252.934.24$21,144
Oct 20182982,79261.443.40$27,797
Sep 20184454,05559.543.11$39,098
Aug 20184124,43059.403.07$38,058
Jul 20182601,83365.142.93$22,311
Jun 20185223,65660.183.08$42,663
May 20184813,80565.382.90$42,485
Apr 20185674,50363.842.90$49,260
Mar 20185384,26461.222.79$44,819
Feb 20184222,61261.782.77$33,296
Jan 20184312,14462.874.01$35,693
Dec 20174222,87957.272.92$32,579
Nov 20173662,62755.423.12$28,476
Oct 20174263,51849.292.98$31,494
Sep 20174003,10247.523.09$28,585
Aug 20173183,99545.373.00$26,430
Jul 20173824,48943.873.09$30,617
Jun 20174995,06542.493.09$36,840
May 20175535,26245.373.26$42,262
Apr 20173935,05047.933.21$35,055
Mar 20175916,25346.772.98$46,298
Feb 20176393,90250.452.95$43,759
Jan 20176764,26949.413.42$47,996
Dec 20166173,99648.763.72$44,961
Nov 20165704,49142.492.64$36,095
Oct 20164084,50146.193.09$32,755
Sep 20164224,57441.553.10$31,716
Aug 20164794,81641.442.92$33,933
Jul 20166565,07741.622.92$42,150
Jun 20165725,08945.352.69$39,608
May 20165305,66442.521.99$33,813
Apr 20167275,97136.561.99$38,468
Mar 20166906,62133.011.79$34,655
Feb 20168326,45726.472.06$35,348
Jan 20161,1187,24727.352.36$47,712
Dec 20157757,32432.362.00$39,737
Nov 20159918,06338.792.17$55,916
Oct 20158678,47043.552.43$58,311
Sep 20159428,30542.992.76$63,405
Aug 20151,1688,82740.162.87$72,262
Jul 20151,0297,16948.152.95$70,660
Jun 20151,0226,80056.152.88$76,989
May 20151,3557,61355.212.96$97,309
Apr 20151,1347,68949.822.71$77,307
Mar 20151,1448,70142.892.93$74,601
Feb 20151,4988,17844.662.98$91,240
Jan 20151,81611,62243.433.10$114,904
Dec 20141,6188,50054.693.59$119,015
Nov 20141,6058,25570.464.25$148,187
Oct 20142,12410,13578.303.90$205,845
Sep 20142,92515,17986.164.05$313,424
Aug 20143,79516,73689.394.04$406,767
Jul 20145,58419,40996.564.18$620,313
Jun 20143,94611,65598.164.74$442,548
May 20141,4836,06594.734.73$169,151

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            75 bbl  × $106.41 =     $7,981
Gas                1,457 Mcf  × $  3.05 =     $4,438

────────────────────────────────────────────────────
Month total                                  $12,419

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/276173 is the state's own key, not one this site invented.