TYLER 55

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 276644District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Oct 2014 – May 2026
Value, last 12 filed months
$296 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 Gas112016-10-06219421
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
CondensateDisposition68,889 bbl$3,560,936
GasProduction2,212,381 Mcf$6,910,879
Total$10,471,815

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 35.3869, -100.0137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38689, -100.01374 · 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
12,963 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 12,963 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-4833386610H12,963 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 2026555,460106.413.05$22,483
Apr 2026555,28498.932.87$20,605
Mar 2026675,14089.753.15$22,201
Feb 2026304,61263.503.75$19,201
Jan 2026384,84559.138.00$40,997
Dec 2025745,19456.664.41$27,116
Nov 2025675,09858.593.93$23,943
Oct 20251115,53859.383.30$24,893
Sep 2025675,36962.743.08$20,724
Aug 2025736,10763.933.01$23,078
Jul 20251475,78166.743.32$28,976
Jun 2025475,80766.483.13$21,293
May 20251445,68560.553.23$27,095
Apr 20251185,58262.363.54$27,136
Mar 2025645,88867.704.27$29,465
Feb 2025435,11570.884.34$25,251
Jan 2025575,73374.324.28$28,766
Dec 2024695,86668.993.12$23,070
Nov 20241155,88369.052.20$20,874
Oct 20241176,19671.372.28$22,486
Sep 2024876,00869.612.36$20,261
Aug 20241006,28075.632.06$20,523
Jul 2024876,54779.932.15$21,008
Jun 2024726,02078.082.63$21,478
May 20241176,52778.812.20$23,570
Apr 20241116,26684.451.66$19,771
Mar 20241536,61580.301.55$22,507
Feb 20241136,48376.091.78$20,162
Jan 2024845,75473.023.30$25,108
Dec 20231666,60971.262.61$29,083
Nov 20231566,61477.892.81$30,720
Oct 20231387,05985.443.09$33,584
Sep 2023496,37189.042.74$21,788
Aug 2023797,00080.522.67$25,071
Jul 20231857,10874.852.64$32,625
Jun 20231177,21668.962.26$24,366
May 2023997,30070.622.23$23,251
Apr 20231117,20678.122.24$24,797
Mar 2023967,31972.852.39$24,509
Feb 2023807,01675.112.47$23,308
Jan 20231276,73076.533.39$32,519
Dec 2022976,46476.415.73$44,445
Nov 20221196,36985.005.65$46,076
Oct 20221007,11987.185.86$50,462
Sep 20221256,76684.888.16$65,845
Aug 20222217,41894.529.13$88,594
Jul 2022997,545101.587.54$66,961
Jun 20221737,231115.097.98$77,594
May 20222087,934109.378.43$89,657
Apr 20221406,998104.226.84$62,440
Mar 20221587,767108.885.08$56,631
Feb 20221406,35991.054.86$43,644
Jan 20221816,88281.844.54$46,041
Dec 20212887,21771.323.90$48,680
Nov 2021656,94977.435.24$41,424
Oct 20211177,37979.795.71$51,498
Sep 20211476,79569.865.35$46,629
Aug 20211287,00966.024.22$38,033
Jul 2021967,13070.783.98$35,187
Jun 20211568,43269.493.38$39,346
May 20211407,84363.483.02$32,555
Apr 20211327,44560.362.76$28,504
Mar 20211579,57261.302.72$35,631
Feb 2021934,53357.805.55$30,524
Jan 202113012,99950.412.81$43,084
Dec 20201768,96944.642.68$31,853
Nov 20201558,41938.772.71$28,796
Oct 20202158,44536.972.48$28,879
Sep 20201848,65937.091.99$24,065
Aug 20201878,27039.982.39$27,201
Jul 20202349,45038.371.83$26,226
Jun 20201519,59434.901.69$21,487
May 20201529,48616.921.81$19,787
Apr 20201249,38414.751.80$18,761
Mar 20201089,89330.341.86$21,640
Feb 20201148,94249.881.98$23,397
Jan 202017010,84457.252.09$32,448
Dec 201916210,43259.012.30$33,599
Nov 201917210,43155.302.75$38,204
Oct 201924411,16453.472.42$40,047
Sep 201921910,94355.052.66$41,135
Aug 201919210,66453.112.30$34,771
Jul 20192169,55656.272.46$35,663
Jun 201919511,56852.782.49$39,110
May 201934011,90858.482.74$52,515
Apr 201922310,26562.632.75$42,202
Mar 20192589,49656.803.06$43,732
Feb 20192039,66350.852.79$37,304
Jan 201920811,12846.033.23$45,497
Dec 201820910,91546.594.19$55,421
Nov 20184017,33452.934.24$52,301
Oct 20186110,57461.443.40$39,679
Sep 20183068,11259.543.11$43,431
Aug 201832210,73459.403.07$52,043
Jul 201833710,83065.142.93$53,704
Jun 201833310,26560.183.08$51,625
May 20182107,85865.382.90$36,524
Apr 201821511,42463.842.90$46,864
Mar 201823710,05561.222.79$42,531
Feb 20182439,33161.782.77$40,823
Jan 201831812,08462.874.01$68,441
Dec 201741512,50857.272.92$60,309
Nov 201742412,42755.423.12$62,250
Oct 201740913,70149.292.98$61,039
Sep 201739713,26747.523.09$59,824
Aug 201752714,15645.373.00$66,440
Jul 201773614,05043.873.09$75,665
Jun 201772814,20042.493.09$74,772
May 201742015,90045.373.26$70,943
Apr 201727516,85847.933.21$67,322
Mar 201767017,09446.772.98$82,339
Feb 201757615,66350.452.95$75,306
Jan 201763917,83749.413.42$92,554
Dec 201667419,90748.763.72$106,975
Nov 201655419,09342.492.64$74,028
Oct 201653121,12046.193.09$89,793
Sep 201673721,10541.553.10$96,061
Aug 201669123,65941.442.92$97,822
Jul 201652524,17941.622.92$92,558
Jun 201669324,33145.352.69$96,776
May 201673126,28742.521.99$83,421
Apr 201694527,01036.561.99$88,327
Mar 201696728,41833.011.79$82,903
Feb 201683228,41826.472.06$80,667
Jan 201697427,77927.352.36$92,318
Dec 20151,53332,58132.362.00$114,816
Nov 20151,60933,45338.792.17$134,917
Oct 20151,57536,97343.552.43$158,309
Sep 20151,81938,58042.992.76$184,619
Aug 20151,76446,38240.162.87$204,074
Jul 20151,82751,70548.152.95$240,245
Jun 20152,12954,29156.152.88$276,057
May 20152,12554,52155.212.96$278,455
Apr 20151,91065,17549.822.71$271,557
Mar 20152,32975,35342.892.93$321,030
Feb 20153,61285,48144.662.98$415,720
Jan 20154,609118,63543.433.10$568,012
Dec 20146,315138,23454.693.59$841,815
Nov 20145,574126,57570.464.25$930,921
Oct 20140078.303.90$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            55 bbl  × $106.41 =     $5,853
Gas                5,460 Mcf  × $  3.05 =    $16,630

────────────────────────────────────────────────────
Month total                                  $22,483

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/276644 is the state's own key, not one this site invented.