CALCOTE 63

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 276385District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Nov 2014 – May 2026
Value, last 12 filed months
$372 k
at the published price for each month
Months reported
139
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 Gas112015-06-17215194
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
CondensateDisposition60,137 bbl$3,172,392
GasProduction1,481,650 Mcf$4,662,002
Total$7,834,394

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 35.4293, -100.0065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42927, -100.00652 · 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
13,413 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 13,413 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-483338568H13,413 ftNov 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 (139)

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

139 months

May 20262234,985106.413.05$38,913
Apr 20262274,78898.932.87$36,197
Mar 20262194,92089.753.15$35,150
Feb 20262184,42563.503.75$30,438
Jan 20261275,37959.138.00$50,530
Dec 20252404,50256.664.41$33,467
Nov 20251524,28558.593.93$25,730
Oct 20251985,07759.383.30$28,536
Sep 20251555,04962.743.08$25,260
Aug 20251855,07463.933.01$27,124
Jul 2025984,50666.743.32$21,479
Jun 2025644,84766.483.13$19,420
May 20251274,79760.553.23$23,195
Apr 2025834,61462.363.54$21,524
Mar 20251104,75367.704.27$27,734
Feb 2025884,27370.884.34$24,786
Jan 20251634,32974.324.28$30,637
Dec 20241514,98568.993.12$25,978
Nov 20241884,74169.052.20$23,404
Oct 20241725,87671.372.28$25,681
Sep 20241235,84469.612.36$22,379
Aug 20241556,01675.632.06$24,137
Jul 20241486,69079.932.15$26,190
Jun 20241766,33378.082.63$30,423
May 20241415,97278.812.20$24,241
Apr 2024565,81284.451.66$14,372
Mar 20242216,28580.301.55$27,457
Feb 20241596,12376.091.78$23,020
Jan 20241604,75273.023.30$27,354
Dec 20231725,80871.262.61$27,420
Nov 20231785,51577.892.81$29,348
Oct 20233105,75285.443.09$44,244
Sep 20231465,31389.042.74$27,531
Aug 20232846,25280.522.67$39,579
Jul 20233055,85574.852.64$38,297
Jun 20233766,17668.962.26$39,877
May 20233436,28070.622.23$38,211
Apr 20233476,18178.122.24$40,939
Mar 20233586,17572.852.39$40,858
Feb 20232796,07175.112.47$35,925
Jan 20233275,98876.533.39$45,311
Dec 20222336,37476.415.73$54,321
Nov 20222745,50685.005.65$54,378
Oct 20222796,16687.185.86$60,479
Sep 20222846,05684.888.16$73,545
Aug 20222886,31694.529.13$84,869
Jul 20222916,361101.587.54$77,535
Jun 20222526,274115.097.98$79,052
May 20221436,164109.378.43$67,621
Apr 2022214,970104.226.84$36,171
Mar 2022144,756108.885.08$25,668
Feb 2022224,40191.054.86$23,387
Jan 2022214,72281.844.54$23,146
Dec 2021415,14871.323.90$22,997
Nov 2021405,25577.435.24$30,617
Oct 2021425,92079.795.71$37,177
Sep 2021485,23069.865.35$31,339
Aug 2021365,75266.024.22$26,654
Jul 2021315,44170.783.98$23,861
Jun 2021455,93469.493.38$23,188
May 20211686,29463.483.02$29,658
Apr 20211986,07560.362.76$28,709
Mar 2021346,82661.302.72$20,630
Feb 2021144,85157.805.55$27,722
Jan 20216050.412.81$302
Dec 2020216,54444.642.68$18,446
Nov 2020306,33238.772.71$18,301
Oct 2020376,45936.972.48$17,376
Sep 20202266,71837.091.99$21,758
Aug 2020296,56639.982.39$16,820
Jul 2020357,10138.371.83$14,303
Jun 20202207,04834.901.69$19,591
May 2020367,34416.921.81$13,937
Apr 20202286,16714.751.80$14,491
Mar 20202197,17730.341.86$19,967
Feb 2020146,37649.881.98$13,327
Jan 2020277,78857.252.09$17,860
Dec 2019557,46659.012.30$20,450
Nov 2019447,60555.302.75$23,352
Oct 20191488,00553.472.42$27,274
Sep 20191827,86755.052.66$30,924
Aug 20191637,99853.112.30$27,087
Jul 20191947,03356.272.46$28,218
Jun 20191687,91952.782.49$28,595
May 20191548,03458.482.74$31,022
Apr 20191688,05862.632.75$32,687
Mar 20192047,79356.803.06$35,450
Feb 20191727,71250.852.79$30,280
Jan 20191878,86946.033.23$37,238
Dec 20181558,88246.594.19$44,397
Nov 20182416,19852.934.24$39,019
Oct 20182708,59461.443.40$45,792
Sep 20181546,51459.543.11$29,415
Aug 20181718,42259.403.07$35,984
Jul 20181498,54265.142.93$34,750
Jun 20182108,48360.183.08$38,739
May 20182446,37865.382.90$34,454
Apr 20183378,97763.842.90$47,555
Mar 20183288,16761.222.79$42,840
Feb 20182857,39561.782.77$38,063
Jan 201831110,03162.874.01$59,770
Dec 201743210,39757.272.92$55,116
Nov 201744710,31355.423.12$56,932
Oct 201727011,45449.292.98$47,483
Sep 201729510,65247.523.09$46,904
Aug 201743811,46745.373.00$54,324
Jul 201735411,55843.873.09$51,213
Jun 201742011,71142.493.09$54,001
May 201755012,18745.373.26$64,725
Apr 201744412,09647.933.21$60,128
Mar 201766212,06346.772.98$66,954
Feb 201748911,70950.452.95$59,242
Jan 201762413,18449.413.42$75,905
Dec 201668814,34748.763.72$86,958
Nov 201663414,48142.492.64$65,231
Oct 201660115,86446.193.09$76,784
Sep 20161,00315,74441.553.10$90,491
Aug 201689917,20241.442.92$87,559
Jul 201684117,34441.622.92$85,722
Jun 201694817,84145.352.69$90,910
May 201690019,19942.521.99$76,494
Apr 20161,06719,18836.561.99$77,214
Mar 20161,03120,80033.011.79$71,349
Feb 201693021,36826.472.06$68,713
Jan 20161,01323,02827.352.36$82,152
Dec 20151,34517,61732.362.00$78,783
Nov 20151,40224,44738.792.17$107,368
Oct 20151,20926,89443.552.43$117,912
Sep 20151,39716,48742.992.76$105,535
Aug 20151,59922,11540.162.87$127,741
Jul 20151,49725,77648.152.95$147,993
Jun 20151,63231,60256.152.88$182,741
May 20151,59012,48355.212.96$124,677
Apr 20151,97737,68649.822.71$200,494
Mar 20152,16742,77542.892.93$218,475
Feb 20152,33843,62444.662.98$234,248
Jan 20152,81748,56143.433.10$272,912
Dec 20143,38072,48754.693.59$445,179
Nov 20143,21479,14770.464.25$562,979

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           223 bbl  × $106.41 =    $23,729
Gas                4,985 Mcf  × $  3.05 =    $15,184

────────────────────────────────────────────────────
Month total                                  $38,913

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/276385 is the state's own key, not one this site invented.