STILES 17

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 280643District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Jan 2016 – May 2026
Value, last 12 filed months
$251 k
at the published price for each month
Months reported
125
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 Gas112016-10-21219477
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
CondensateDisposition48,601 bbl$2,376,218
GasProduction755,545 Mcf$2,313,356
Total$4,689,574

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 35.4601, -100.0730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46009, -100.07303 · 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
12,737 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 12,737 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-483339132017H12,737 ftJan 2016

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 (125)

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

125 months

May 2026223,341106.413.05$12,517
Apr 2026533,42298.932.87$15,063
Mar 20262223,61089.753.15$31,294
Feb 2026303,39763.503.75$14,645
Jan 2026594,20059.138.00$37,080
Dec 20251223,61856.664.41$22,880
Nov 2025783,39958.593.93$17,916
Oct 2025893,38759.383.30$16,478
Sep 2025353,73762.743.08$13,694
Aug 20251284,36263.933.01$21,333
Jul 20251365,35966.743.32$26,843
Jun 20251154,45466.483.13$21,581
May 20251375,06960.553.23$24,680
Apr 20251645,19862.363.54$28,644
Mar 20251695,66167.704.27$35,604
Feb 20251406,35270.884.34$37,496
Jan 20252155,12774.324.28$37,916
Dec 20241765,15468.993.12$28,230
Nov 20241984,71369.052.20$24,033
Oct 20241534,56071.372.28$21,323
Sep 20243154,52369.612.36$32,621
Aug 20241014,75175.632.06$17,443
Jul 20241084,92079.932.15$19,194
Jun 20242234,56078.082.63$29,423
May 20242364,72378.812.20$28,982
Apr 20242094,82184.451.66$25,649
Mar 20242135,07780.301.55$24,949
Feb 20242364,85476.091.78$26,615
Jan 20241434,23473.023.30$24,404
Dec 2023834,23971.262.61$16,981
Nov 20231493,55777.892.81$21,592
Oct 20232273,27985.443.09$29,518
Sep 20232083,80889.042.74$28,935
Aug 20231854,21180.522.67$26,152
Jul 20232474,48074.852.64$30,323
Jun 20233033,94268.962.26$29,798
May 20232083,97370.622.23$23,538
Apr 20231704,00978.122.24$22,252
Mar 20231854,20772.852.39$23,545
Feb 20232293,83775.112.47$26,661
Jan 20231724,29976.533.39$27,727
Dec 20221704,53276.415.73$38,954
Nov 2022852,75785.005.65$22,792
Oct 20221273,44787.185.86$31,284
Sep 20221333,50784.888.16$39,919
Aug 20221443,55194.529.13$46,021
Jul 20221093,883101.587.54$40,358
Jun 20221233,376115.097.98$41,087
May 20221673,414109.378.43$47,055
Apr 20221213,893104.226.84$39,229
Mar 20221334,014108.885.08$34,858
Feb 2022993,64091.054.86$26,700
Jan 20221284,28681.844.54$29,924
Dec 20211324,34071.323.90$26,336
Nov 20211354,23277.435.24$32,615
Oct 2021914,31479.795.71$31,911
Sep 20211294,29869.865.35$32,010
Aug 20211304,67666.024.22$28,318
Jul 20211084,77570.783.98$26,659
Jun 2021944,43469.493.38$21,522
May 20211054,82863.483.02$21,235
Apr 2021974,46560.362.76$18,171
Mar 2021936,02561.302.72$22,070
Feb 2021691,92757.805.55$14,679
Jan 20211454,78550.412.81$20,757
Dec 20201344,85944.642.68$18,982
Nov 20202204,45738.772.71$20,593
Oct 2020804,65736.972.48$14,500
Sep 20202894,30237.091.99$19,284
Aug 2020514,42939.982.39$12,603
Jul 20202454,43738.371.83$17,499
Jun 20203734,87834.901.69$21,263
May 20201155,46816.921.81$11,869
Apr 20203094,37314.751.80$12,448
Mar 2020224,81030.341.86$9,596
Feb 20201863,51749.881.98$16,244
Jan 202094,15157.252.09$9,211
Dec 20191874,37959.012.30$21,126
Nov 20191844,30355.302.75$22,011
Oct 20191924,61653.472.42$21,430
Sep 20191954,39755.052.66$22,419
Aug 20193685,04853.112.30$31,177
Jul 20191925,18656.272.46$23,562
Jun 20191635,03452.782.49$21,144
May 20191855,32558.482.74$25,411
Apr 20193775,43862.632.75$38,570
Mar 20191935,74756.803.06$28,560
Feb 20191875,46450.852.79$24,766
Jan 20191906,13846.033.23$28,560
Dec 20183815,96946.594.19$42,734
Nov 20181926,15252.934.24$36,230
Oct 20181946,84261.443.40$35,169
Sep 20183796,98459.543.11$44,272
Aug 20183676,93459.403.07$43,063
Jul 20183696,79165.142.93$43,947
Jun 20181876,59460.183.08$31,543
May 20183746,91965.382.90$44,523
Apr 20183766,81563.842.90$43,773
Mar 20185667,19161.222.79$54,691
Feb 20181966,41661.782.77$29,856
Jan 20183797,28762.874.01$53,044
Dec 20173897,56357.272.92$44,373
Nov 20175687,34655.423.12$54,386
Oct 20175777,82849.292.98$51,797
Sep 20174247,15347.523.09$42,232
Aug 20174946,04745.373.00$40,580
Jul 20175266,00043.873.09$41,599
Jun 20175745,98142.493.09$42,854
May 20175377,31645.373.26$48,239
Apr 20174557,25947.933.21$45,121
Mar 20177607,98946.772.98$59,382
Feb 20174887,17250.452.95$45,796
Jan 201759110,71449.413.42$65,830
Dec 201676711,07348.763.72$78,622
Nov 201673811,52042.492.64$61,821
Oct 201676210,76146.193.09$68,451
Sep 20161,12711,17141.553.10$81,464
Aug 20161,2556,56041.442.92$71,191
Jul 20161,4082,90441.622.92$67,093
Jun 20162,6859,50645.352.69$147,296
May 20162,70315,59142.521.99$145,974
Apr 20163,47721,59336.561.99$170,112
Mar 20163,24131,36533.011.79$163,255
Feb 20163,94542,98126.472.06$193,121
Jan 20162,04620,02227.352.36$103,297

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            22 bbl  × $106.41 =     $2,341
Gas                3,341 Mcf  × $  3.05 =    $10,176

────────────────────────────────────────────────────
Month total                                  $12,517

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/280643 is the state's own key, not one this site invented.