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 276643District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$305 k
at the published price for each month
Months reported
143
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 Gas112016-10-04218977
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
CondensateDisposition100,782 bbl$5,939,306
GasProduction3,707,959 Mcf$11,805,783
Total$17,745,089

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 35.3724, -100.0087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.37237, -100.00868 · 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
13,295 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 13,295 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-483338521054H13,295 ftJul 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 (143)

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

143 months

May 2026375,922106.413.05$21,975
Apr 2026456,03598.932.87$21,771
Mar 2026506,23089.753.15$24,109
Feb 2026352,89163.503.75$13,065
Jan 2026485,20059.138.00$44,427
Dec 2025546,22756.664.41$30,542
Nov 2025586,39358.593.93$28,500
Oct 2025476,42059.383.30$24,008
Sep 2025356,64062.743.08$22,627
Aug 2025476,99163.933.01$24,081
Jul 2025437,20666.743.32$26,759
Jun 2025396,64466.483.13$23,380
May 2025656,89660.553.23$26,226
Apr 2025566,40462.363.54$26,182
Mar 2025247,39167.704.27$33,172
Feb 2025235,71770.884.34$26,447
Jan 2025387,38074.324.28$34,401
Dec 2024477,11768.993.12$25,457
Nov 2024647,06269.052.20$19,945
Oct 2024487,20471.372.28$19,861
Sep 2024477,46769.612.36$20,926
Aug 2024626,89975.632.06$18,926
Jul 2024587,67679.932.15$21,113
Jun 20241547,35478.082.63$31,395
May 20241457,98678.812.20$28,984
Apr 20241826,87384.451.66$26,774
Mar 20241747,79280.301.55$26,012
Feb 2024976,95876.091.78$19,791
Jan 2024737,46973.023.30$29,961
Dec 2023567,95871.262.61$24,767
Nov 2023978,37777.892.81$31,074
Oct 20231868,02385.443.09$40,661
Sep 2023628,05089.042.74$27,538
Aug 2023758,34680.522.67$28,347
Jul 2023788,98774.852.64$29,580
Jun 20231108,42468.962.26$26,611
May 2023889,35170.622.23$27,043
Apr 2023579,61478.122.24$25,967
Mar 2023648,38772.852.39$24,734
Feb 20231999,03675.112.47$37,227
Jan 202311810,81976.533.39$45,682
Dec 20221068,79876.415.73$58,504
Nov 20221359,14585.005.65$63,110
Oct 202213410,19787.185.86$71,475
Sep 202227910,30184.888.16$107,776
Aug 202228710,74994.529.13$125,235
Jul 202225710,959101.587.54$108,760
Jun 202223910,267115.097.98$109,408
May 202232311,086109.378.43$128,815
Apr 202228610,648104.226.84$102,614
Mar 202223110,887108.885.08$80,418
Feb 202221710,59491.054.86$71,232
Jan 202224510,69781.844.54$68,590
Dec 202155310,97871.323.90$82,245
Nov 202112610,51977.435.24$64,843
Oct 202126911,55579.795.71$87,487
Sep 202137210,02869.865.35$79,647
Aug 20213289,30566.024.22$60,927
Jul 20212398,87370.783.98$52,249
Jun 202128610,91169.493.38$56,760
May 202128911,09063.483.02$51,812
Apr 202130912,11860.362.76$52,078
Mar 202139312,68061.302.72$58,542
Feb 20211526,39757.805.55$44,276
Jan 2021212050.412.81$10,687
Dec 202025013,77544.642.68$48,014
Nov 20201988,79738.772.71$31,486
Oct 20202407,75536.972.48$28,093
Sep 202015412,44437.091.99$30,488
Aug 202016214,25639.982.39$40,479
Jul 202022115,96438.371.83$37,616
Jun 202016713,63434.901.69$28,874
May 202025615,95716.921.81$33,289
Apr 202026913,99714.751.80$29,224
Mar 202024614,55930.341.86$34,488
Feb 202031714,80549.881.98$45,136
Jan 202029314,85557.252.09$47,892
Dec 201945313,60959.012.30$58,092
Nov 201931214,46555.302.75$57,042
Oct 201944516,26353.472.42$63,127
Sep 201941814,73255.052.66$62,158
Aug 201940918,84453.112.30$65,145
Jul 201938817,59456.272.46$65,115
Jun 201930016,52252.782.49$56,994
May 201927618,04758.482.74$65,595
Apr 201931915,48962.632.75$62,585
Mar 201931010,74756.803.06$50,516
Feb 201930118,58750.852.79$67,205
Jan 201936316,28746.033.23$69,286
Dec 201824110,04246.594.19$53,258
Nov 201826712,94752.934.24$68,992
Oct 201834312,44061.443.40$63,346
Sep 201841412,92359.543.11$64,814
Aug 201848313,76359.403.07$70,895
Jul 201857013,38265.142.93$76,364
Jun 201893013,94260.183.08$98,866
May 201856916,80165.382.90$85,938
Apr 201821116,22463.842.90$60,533
Mar 201817018,14161.222.79$60,963
Feb 201818316,01161.782.77$55,594
Jan 201832918,27762.874.01$93,963
Dec 201759216,46657.272.92$82,010
Nov 201775116,52855.423.12$93,161
Oct 201773317,17649.292.98$87,377
Sep 201761118,12347.523.09$84,986
Aug 201737231,01345.373.00$110,053
Jul 20179233,10743.873.09$106,247
Jun 201732632,26242.493.09$113,454
May 201732534,82545.373.26$128,393
Apr 201729234,42547.933.21$124,555
Mar 201738835,66546.772.98$124,560
Feb 201737833,46650.452.95$117,882
Jan 201750029,70549.413.42$126,260
Dec 201661230,66848.763.72$144,013
Nov 201646730,85042.492.64$101,421
Oct 201643034,45346.193.09$126,330
Sep 201663333,56441.553.10$130,371
Aug 201659937,47141.442.92$134,401
Jul 201657041,06941.622.92$143,823
Jun 201670341,01745.352.69$142,046
May 201674443,67942.521.99$118,602
Apr 201697941,70736.561.99$118,833
Mar 20161,03347,24933.011.79$118,865
Feb 201695645,33126.472.06$118,852
Jan 20161,16752,81727.352.36$156,796
Dec 20151,34854,83532.362.00$153,369
Nov 20151,45157,10438.792.17$180,048
Oct 20151,34462,84643.552.43$211,032
Sep 20151,53168,48942.992.76$254,739
Aug 20151,76974,26840.162.87$284,377
Jul 20151,89286,81848.152.95$346,786
Jun 20152,39091,56956.152.88$398,179
May 20152,452101,33055.212.96$434,851
Apr 20152,70396,62949.822.71$396,197
Mar 20152,862106,76742.892.93$436,081
Feb 20154,009131,27744.662.98$569,747
Jan 20155,293163,59943.433.10$737,135
Dec 20147,068186,97554.693.59$1,058,043
Nov 20149,700200,19870.464.25$1,534,672
Oct 201412,718239,07678.303.90$1,928,445
Sep 20146,870108,06886.164.05$1,029,102
Aug 20140089.394.04$0
Jul 20140096.564.18$0

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            37 bbl  × $106.41 =     $3,937
Gas                5,922 Mcf  × $  3.05 =    $18,037

────────────────────────────────────────────────────
Month total                                  $21,975

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/276643 is the state's own key, not one this site invented.