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 276580District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.4 M
Oct 2014 – May 2026
Value, last 12 filed months
$900 k
at the published price for each month
Months reported
140
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 Gas112015-06-17215193
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
CondensateDisposition167,579 bbl$9,218,277
GasProduction2,919,232 Mcf$9,156,365
Total$18,374,642

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 35.4294, -100.0066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42937, -100.00661 · 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
13,636 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 13,636 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-4833385710H13,636 ftOct 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 (140)

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

140 months

May 20265397,799106.413.05$81,110
Apr 20266697,60198.932.87$87,997
Mar 20269687,82989.753.15$111,535
Feb 20267157,55963.503.75$73,751
Jan 20265088,70959.138.00$99,692
Dec 20258238,32256.664.41$83,359
Nov 20254887,76958.593.93$59,096
Oct 20255257,90759.383.30$57,306
Sep 20254277,70162.743.08$50,485
Aug 20256729,05063.933.01$70,245
Jul 20257498,18566.743.32$77,123
Jun 20253358,45666.483.13$48,727
May 20256777,59860.553.23$65,552
Apr 20256317,76162.363.54$66,847
Mar 20259727,90167.704.27$99,528
Feb 20254616,80770.884.34$62,224
Jan 20258437,99474.324.28$96,856
Dec 20245148,47268.993.12$61,905
Nov 20244767,70269.052.20$49,800
Oct 20245097,81171.372.28$54,147
Sep 20244127,83769.612.36$47,209
Aug 20248108,20975.632.06$78,201
Jul 20245916,69379.932.15$61,606
Jun 20244337,76778.082.63$54,267
May 20244548,51778.812.20$54,504
Apr 20242958,11684.451.66$38,379
Mar 20247078,59280.301.55$70,048
Feb 20245828,55676.091.78$59,545
Jan 20246528,40673.023.30$75,329
Dec 20237198,82971.262.61$74,286
Nov 20235648,77277.892.81$68,558
Oct 20237209,21985.443.09$89,978
Sep 20233388,86689.042.74$54,344
Aug 20235969,34680.522.67$72,971
Jul 20236369,06974.852.64$71,563
Jun 20236559,03968.962.26$65,583
May 20237069,26570.622.23$70,495
Apr 20238589,34478.122.24$87,937
Mar 20236589,71072.852.39$71,173
Feb 20236159,20375.112.47$68,884
Jan 20237339,99576.533.39$89,957
Dec 202276910,11576.415.73$116,709
Nov 20225548,99985.005.65$97,900
Oct 202267010,03987.185.86$117,277
Sep 20227319,70684.888.16$141,284
Aug 202276810,24594.529.13$166,099
Jul 202276110,176101.587.54$154,051
Jun 202263810,483115.097.98$157,052
May 202292411,174109.378.43$195,289
Apr 202287910,535104.226.84$163,644
Mar 202287010,997108.885.08$150,551
Feb 202292910,29691.054.86$134,612
Jan 202293110,89881.844.54$125,645
Dec 20211,06311,15171.323.90$119,292
Nov 202129610,46377.435.24$77,712
Oct 202143611,06179.795.71$97,990
Sep 20217329,74169.865.35$103,261
Aug 202179310,63766.024.22$97,248
Jul 202170010,12370.783.98$89,857
Jun 202197711,14369.493.38$105,562
May 202198211,90663.483.02$98,266
Apr 202193111,60060.362.76$88,193
Mar 20211,37912,91061.302.72$119,608
Feb 20216588,12457.805.55$83,104
Jan 20211,02228050.412.81$52,306
Dec 20201,05813,00244.642.68$82,015
Nov 202071112,13138.772.71$60,399
Oct 202080412,22636.972.48$60,025
Sep 202064812,71437.091.99$49,348
Aug 202079112,32939.982.39$61,030
Jul 202075813,49738.371.83$53,718
Jun 202087313,47834.901.69$53,250
May 20201,29213,34116.921.81$46,071
Apr 20201,06613,47014.751.80$40,029
Mar 202099214,36030.341.86$56,753
Feb 20201,02512,57649.881.98$76,036
Jan 202088715,05857.252.09$82,323
Dec 201985514,69859.012.30$84,323
Nov 201971514,88655.302.75$80,486
Oct 201979415,51753.472.42$79,984
Sep 201993415,04155.052.66$91,385
Aug 201993215,69853.112.30$85,672
Jul 20191,05513,70256.272.46$93,073
Jun 20191,00315,40852.782.49$91,323
May 20191,11115,53758.482.74$107,548
Apr 20191,07715,46462.632.75$109,989
Mar 20191,03015,02056.803.06$104,497
Feb 20191,00314,99450.852.79$92,869
Jan 20191,43717,29446.033.23$121,973
Dec 20181,34217,30146.594.19$134,936
Nov 201896712,04352.934.24$102,212
Oct 201889416,95061.443.40$112,525
Sep 201885513,06259.543.11$91,503
Aug 20181,00017,61059.403.07$113,402
Jul 20181,08418,04665.142.93$123,520
Jun 20181,33718,22560.183.08$136,538
May 20181,10113,61965.382.90$111,489
Apr 201890519,14663.842.90$113,314
Mar 20181,20316,81761.222.79$120,514
Feb 20181,07014,87961.782.77$107,262
Jan 20181,21820,31662.874.01$158,029
Dec 20171,08321,32557.272.92$124,325
Nov 20171,06220,84155.423.12$123,846
Oct 201783922,86549.292.98$109,576
Sep 201792421,72047.523.09$110,964
Aug 20171,37521,89845.373.00$128,174
Jul 20171,55721,29243.873.09$134,040
Jun 20171,78920,79642.493.09$140,218
May 20171,93119,63245.373.26$151,677
Apr 20171,11521,07147.933.21$121,114
Mar 20171,81621,26746.772.98$148,388
Feb 20171,52920,87850.452.95$138,782
Jan 20171,81024,83249.413.42$174,328
Dec 20161,67227,48748.763.72$183,856
Nov 20161,25227,29442.492.64$125,372
Oct 20161,07930,09446.193.09$142,837
Sep 20161,61929,41341.553.10$158,468
Aug 20161,66132,46541.442.92$163,771
Jul 20161,62032,18741.622.92$161,550
Jun 20161,89232,03745.352.69$171,848
May 20161,80331,56142.521.99$139,503
Apr 20162,20532,05936.561.99$144,446
Mar 20162,36034,21233.011.79$139,280
Feb 20162,08831,47126.472.06$120,214
Jan 20162,22337,02227.352.36$148,332
Dec 20152,54530,74032.362.00$143,880
Nov 20152,87541,60738.792.17$201,697
Oct 20152,14951,38243.552.43$218,271
Sep 20152,44264,30542.992.76$282,362
Aug 20152,86770,53840.162.87$317,758
Jul 20153,14671,79148.152.95$362,910
Jun 20152,77873,05456.152.88$366,589
May 20152,80827,01855.212.96$234,880
Apr 20153,32285,32749.822.71$396,446
Mar 20153,849102,89942.892.93$467,062
Feb 20154,535106,90244.662.98$520,694
Jan 20154,769152,49343.433.10$679,942
Dec 20146,239149,24554.693.59$877,203
Nov 20144,496130,03770.464.25$869,685
Oct 201401,63578.303.90$6,378

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           539 bbl  × $106.41 =    $57,355
Gas                7,799 Mcf  × $  3.05 =    $23,755

────────────────────────────────────────────────────
Month total                                  $81,110

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/276580 is the state's own key, not one this site invented.