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STILES 1

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 288178District 10Field 86125250CondensateGasSaveExport
Value, all time
$4.2 M
May 2019 – May 2026
Value, last 12 filed months
$229 k
at the published price for each month
Months reported
85
no gaps in the span
Streams
2
condensate, gas

The STILES RANCH (GRANITE WASH CONS) field

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.”

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
CondensateDisposition55,268 bbl$3,494,262
GasProduction222,464 Mcf$696,158
Total$4,190,419

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 35.4308, -100.0909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43077, -100.09094 · 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
12,975 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 12,975 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-483339182101H12,975 ftMay 2019——

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 (85)

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

85 months

May 2026192803106.413.05$22,877
Apr 202628199398.932.87$30,649
Mar 202620084789.753.15$20,618
Feb 202632676863.503.75$23,581
Jan 202616585059.138.00$16,555
Dec 202533491856.664.41$22,976
Nov 202515780258.593.93$12,348
Oct 202522693759.383.30$16,517
Sep 202514895262.743.08$12,215
Aug 20251921,22263.933.01$15,959
Jul 20252081,15866.743.32$17,721
Jun 20251971,13266.483.13$16,638
May 20252461,13460.553.23$18,561
Apr 202521866362.363.54$15,944
Mar 202530475067.704.27$23,782
Feb 202530476170.884.34$24,851
Jan 202538980474.324.28$32,351
Dec 202424894668.993.12$20,062
Nov 202430089769.052.20$22,687
Oct 202435993771.372.28$27,760
Sep 20243861,12369.612.36$29,525
Aug 202432293775.632.06$26,286
Jul 202442968879.932.15$35,767
Jun 202448786578.082.63$40,303
May 202442773378.812.20$35,263
Apr 202429672084.451.66$26,192
Mar 202442943080.301.55$35,113
Feb 202455248176.091.78$42,860
Jan 202467383973.023.30$51,909
Dec 20234181,16571.262.61$32,828
Nov 20233231,32977.892.81$28,890
Oct 20234411,46585.443.09$42,202
Sep 20234681,13789.042.74$44,780
Aug 20234831,14580.522.67$41,952
Jul 20233411,08974.852.64$28,401
Jun 20235831,01668.962.26$42,498
May 20234291,07570.622.23$32,690
Apr 202346480378.122.24$38,045
Mar 202364887272.852.39$49,294
Feb 20236131,03175.112.47$48,585
Jan 20235341,13076.533.39$44,695
Dec 20226501,10676.415.73$56,003
Nov 20225781,24985.005.65$56,182
Oct 20227221,97487.185.86$74,519
Sep 20226752,40384.888.16$76,911
Aug 20225842,59294.529.13$78,857
Jul 20227482,571101.587.54$95,373
Jun 20225762,067115.097.98$82,781
May 20228052,155109.378.43$106,216
Apr 20225981,930104.226.84$75,520
Mar 20228581,737108.885.08$102,237
Feb 20225081,64991.054.86$54,266
Jan 20226481,92581.844.54$61,767
Dec 20217502,15171.323.90$61,877
Nov 20216982,40777.435.24$66,651
Oct 20216262,50679.795.71$64,268
Sep 20216962,43169.865.35$61,631
Aug 20217872,49566.024.22$62,488
Jul 20216192,41170.783.98$53,414
Jun 20215803,18069.493.38$51,055
May 20216863,18263.483.02$53,150
Apr 20218082,87460.362.76$56,699
Mar 20219464,18061.302.72$69,347
Feb 20215151,46257.805.55$37,878
Jan 20211,0733,38450.412.81$63,600
Dec 20209412,41644.642.68$48,470
Nov 20208493,69338.772.71$42,911
Oct 20209634,31736.972.48$46,301
Sep 20209084,28337.091.99$42,205
Aug 20209224,26339.982.39$47,029
Jul 20201,1914,97138.371.83$54,771
Jun 20209764,70934.901.69$42,022
May 20201,1215,31616.921.81$28,615
Apr 20201,2564,96614.751.80$27,487
Mar 20201,4086,14330.341.86$54,122
Feb 20201,2335,87749.881.98$73,142
Jan 20205896,78057.252.09$47,923
Dec 20191,1757,98559.012.30$87,737
Nov 20192,1788,47155.302.75$143,745
Oct 20192,30410,81453.472.42$149,349
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20192,00220,29356.272.46$162,575
Jun 20193,77821,18152.782.49$252,169
May 201901,61858.482.74$4,434

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           192 bbl  × $106.41 =    $20,431
Gas                  803 Mcf  × $  3.05 =     $2,446

────────────────────────────────────────────────────
Month total                                  $22,877

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/288178 is the state's own key, not one this site invented.