STILES 3

Name: STILES 3 lease production and value, Sep 2012 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8776District 10Field 61691235OilCasinghead gasSave Export

Value, all time

$35.9 M

Sep 2012 – May 2026

Value, last 12 filed months

$787 k

at the published price for each month

Months reported

165

no gaps in the span

Streams

oil, casinghead gas

The MILLS 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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered

2010-02-23

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 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: “ DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	356,781 bbl	$24,889,132
Casinghead gas	Production	3,440,468 Mcf	$11,030,535
Total			$35,919,667

Wells on this lease (6)

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 35.4580, -100.0495. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

35.45744, -100.04937 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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 6 wells

With a plug date

0.0%

0 of 6 wells

Median depth

10,653 ft

6 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.

6100.0%

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

Between 10,605 and 11,361 ft, median 10,653 ft, over the 6 wells that filed a depth.

Completions filed

Nov 2012 – Sep 2014

6 of 6 wells

6 wells


42-48333862	3103H	11,361 ft	Sep 2014	—	—
42-48333672	2503H	10,610 ft	Jul 2013	—	—
42-48333690	2903H	11,323 ft	Jun 2013	—	—
42-48333652	2303H	10,642 ft	Jun 2013	—	—
42-48333653	2403H	10,663 ft	Jun 2013	—	—
42-48333500	2203H	10,605 ft	Nov 2012	—	—

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 (165)

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

165 months


May 2026	349	10,882	106.41	3.05	$70,282
Apr 2026	356	10,766	98.93	2.87	$66,114
Mar 2026	192	10,962	89.75	3.15	$51,756
Feb 2026	453	10,827	63.50	3.75	$69,370
Jan 2026	482	10,621	59.13	8.00	$113,447
Dec 2025	439	11,802	56.66	4.41	$76,960
Nov 2025	209	10,968	58.59	3.93	$55,311
Oct 2025	228	12,002	59.38	3.30	$53,203
Sep 2025	280	10,414	62.74	3.08	$49,610
Aug 2025	186	12,571	63.93	3.01	$49,790
Jul 2025	330	12,707	66.74	3.32	$64,150
Jun 2025	548	9,781	66.48	3.13	$67,033
May 2025	722	10,461	60.55	3.23	$77,530
Apr 2025	231	11,092	62.36	3.54	$53,705
Mar 2025	316	12,201	67.70	4.27	$73,471
Feb 2025	164	7,796	70.88	4.34	$45,466
Jan 2025	299	9,432	74.32	4.28	$62,578
Dec 2024	411	11,494	68.99	3.12	$64,232
Nov 2024	652	11,717	69.05	2.20	$70,780
Oct 2024	382	11,768	71.37	2.28	$54,111
Sep 2024	142	9,873	69.61	2.36	$33,228
Aug 2024	414	12,278	75.63	2.06	$56,648
Jul 2024	525	12,324	79.93	2.15	$68,418
Jun 2024	517	11,711	78.08	2.63	$71,214
May 2024	415	12,114	78.81	2.20	$59,338
Apr 2024	1,025	11,913	84.45	1.66	$106,327
Mar 2024	641	13,032	80.30	1.55	$71,608
Feb 2024	470	11,387	76.09	1.78	$56,073
Jan 2024	275	9,381	73.02	3.30	$51,016
Dec 2023	308	12,331	71.26	2.61	$54,141
Nov 2023	283	12,387	77.89	2.81	$56,820
Oct 2023	866	13,488	85.44	3.09	$115,632
Sep 2023	741	13,527	89.04	2.74	$102,976
Aug 2023	388	14,466	80.52	2.67	$69,908
Jul 2023	653	15,070	74.85	2.64	$88,689
Jun 2023	673	14,583	68.96	2.26	$79,345
May 2023	288	15,165	70.62	2.23	$54,117
Apr 2023	735	14,710	78.12	2.24	$90,336
Mar 2023	465	14,838	72.85	2.39	$69,385
Feb 2023	398	13,621	75.11	2.47	$63,479
Jan 2023	270	15,444	76.53	3.39	$72,983
Dec 2022	378	14,402	76.41	5.73	$111,393
Nov 2022	840	14,639	85.00	5.65	$154,055
Oct 2022	598	14,340	87.18	5.86	$136,220
Sep 2022	660	14,298	84.88	8.16	$172,745
Aug 2022	679	14,523	94.52	9.13	$196,733
Jul 2022	636	15,282	101.58	7.54	$179,863
Jun 2022	412	15,290	115.09	7.98	$169,388
May 2022	364	16,403	109.37	8.43	$178,138
Apr 2022	933	16,529	104.22	6.84	$210,256
Mar 2022	148	16,314	108.88	5.08	$98,931
Feb 2022	403	14,458	91.05	4.86	$106,942
Jan 2022	556	15,543	81.84	4.54	$116,032
Dec 2021	225	16,236	71.32	3.90	$79,353
Nov 2021	670	16,254	77.43	5.24	$136,998
Oct 2021	507	16,865	79.79	5.71	$136,818
Sep 2021	783	17,467	69.86	5.35	$148,165
Aug 2021	493	18,678	66.02	4.22	$111,380
Jul 2021	679	18,573	70.78	3.98	$122,019
Jun 2021	896	17,985	69.49	3.38	$123,063
May 2021	476	19,033	63.48	3.02	$87,652
Apr 2021	850	19,343	60.36	2.76	$104,662
Mar 2021	778	21,018	61.30	2.72	$104,796
Feb 2021	363	10,240	57.80	5.55	$77,792
Jan 2021	651	19,302	50.41	2.81	$87,061
Dec 2020	505	20,107	44.64	2.68	$76,339
Nov 2020	966	18,174	38.77	2.71	$86,641
Oct 2020	881	20,775	36.97	2.48	$84,060
Sep 2020	865	20,222	37.09	1.99	$72,346
Aug 2020	957	19,934	39.98	2.39	$85,805
Jul 2020	1,206	20,038	38.37	1.83	$82,846
Jun 2020	925	21,864	34.90	1.69	$69,239
May 2020	825	21,432	16.92	1.81	$52,853
Apr 2020	1,305	22,001	14.75	1.80	$58,947
Mar 2020	996	19,746	30.34	1.86	$66,872
Feb 2020	1,163	19,177	49.88	1.98	$95,994
Jan 2020	963	23,309	57.25	2.09	$103,958
Dec 2019	1,122	24,723	59.01	2.30	$123,180
Nov 2019	1,244	16,628	55.30	2.75	$114,532
Oct 2019	1,017	24,097	53.47	2.42	$112,659
Sep 2019	1,311	24,037	55.05	2.66	$136,044
Aug 2019	1,225	24,791	53.11	2.30	$122,187
Jul 2019	1,384	26,615	56.27	2.46	$143,352
Jun 2019	1,238	24,707	52.78	2.49	$126,892
May 2019	1,624	26,145	58.48	2.74	$166,617
Apr 2019	1,109	26,122	62.63	2.75	$141,310
Mar 2019	1,498	26,511	56.80	3.06	$166,266
Feb 2019	464	25,804	50.85	2.79	$95,645
Jan 2019	811	26,052	46.03	3.23	$121,431
Dec 2018	1,278	25,874	46.59	4.19	$167,836
Nov 2018	1,168	25,983	52.93	4.24	$171,918
Oct 2018	1,383	31,492	61.44	3.40	$191,984
Sep 2018	1,504	28,446	59.54	3.11	$177,958
Aug 2018	1,731	32,099	59.40	3.07	$201,255
Jul 2018	1,858	33,700	65.14	2.93	$219,834
Jun 2018	1,811	32,451	60.18	3.08	$208,835
May 2018	1,795	35,592	65.38	2.90	$220,602
Apr 2018	1,604	33,688	63.84	2.90	$200,122
Mar 2018	1,988	35,817	61.22	2.79	$221,522
Feb 2018	1,129	32,835	61.78	2.77	$160,575
Jan 2018	1,315	37,109	62.87	4.01	$231,456
Dec 2017	1,889	37,342	57.27	2.92	$217,278
Nov 2017	2,497	37,905	55.42	3.12	$256,585
Oct 2017	2,721	40,343	49.29	2.98	$254,489
Sep 2017	2,410	35,663	47.52	3.09	$224,625
Aug 2017	2,675	39,493	45.37	3.00	$240,018
Jul 2017	2,835	39,750	43.87	3.09	$247,091
Jun 2017	2,406	38,670	42.49	3.09	$221,616
May 2017	2,908	40,911	45.37	3.26	$265,445
Apr 2017	2,447	40,927	47.93	3.21	$248,726
Mar 2017	3,789	43,777	46.77	2.98	$307,828
Feb 2017	2,466	39,397	50.45	2.95	$240,733
Jan 2017	3,182	47,356	49.41	3.42	$319,123
Dec 2016	2,515	44,960	48.76	3.72	$290,010
Nov 2016	3,157	47,720	42.49	2.64	$260,329
Oct 2016	4,536	52,846	46.19	3.09	$372,826
Sep 2016	4,199	47,457	41.55	3.10	$321,615
Aug 2016	3,884	42,474	41.44	2.92	$285,161
Jul 2016	3,041	38,104	41.62	2.92	$237,995
Jun 2016	2,408	28,054	45.35	2.69	$184,551
May 2016	2,371	29,507	42.52	1.99	$159,565
Apr 2016	2,951	27,517	36.56	1.99	$162,676
Mar 2016	3,049	25,347	33.01	1.79	$146,120
Feb 2016	3,024	28,389	26.47	2.06	$138,630
Jan 2016	3,768	32,558	27.35	2.36	$180,034
Dec 2015	2,789	31,308	32.36	2.00	$152,912
Nov 2015	3,755	36,050	38.79	2.17	$223,789
Oct 2015	4,306	39,968	43.55	2.43	$284,512
Sep 2015	4,722	37,919	42.99	2.76	$307,595
Aug 2015	4,890	36,613	40.16	2.87	$301,553
Jul 2015	5,239	36,432	48.15	2.95	$359,553
Jun 2015	5,508	36,590	56.15	2.88	$414,758
May 2015	6,201	39,225	55.21	2.96	$458,285
Apr 2015	3,858	31,700	49.82	2.71	$278,004
Mar 2015	859	5,033	42.89	2.93	$51,613
Feb 2015	919	5,493	44.66	2.98	$57,391
Jan 2015	1,180	8,170	43.43	3.10	$76,580
Dec 2014	975	4,956	54.69	3.59	$71,122
Nov 2014	1,098	3,417	70.46	4.25	$91,894
Oct 2014	1,425	6,069	78.30	3.90	$135,252
Sep 2014	1,257	6,602	86.16	4.05	$135,011
Aug 2014	1,117	3,965	89.39	4.04	$115,848
Jul 2014	1,045	2,961	96.56	4.18	$113,281
Jun 2014	991	3,069	98.16	4.74	$111,814
May 2014	1,205	3,339	94.73	4.73	$129,932
Apr 2014	368	5,201	95.94	4.81	$60,318
Mar 2014	1,826	5,634	95.89	5.06	$203,585
Feb 2014	1,298	4,653	97.40	6.19	$155,237
Jan 2014	2,125	4,533	90.40	4.86	$214,134
Dec 2013	1,918	3,990	91.82	4.35	$193,485
Nov 2013	1,929	4,680	88.85	3.74	$188,887
Oct 2013	1,554	2,289	97.42	3.78	$160,042
Sep 2013	1,739	6,259	104.11	3.72	$204,317
Aug 2013	2,323	8,291	104.25	3.52	$271,379
Jul 2013	2,487	6,956	102.52	3.72	$280,828
Jun 2013	1,983	5,795	94.40	3.93	$209,989
May 2013	9,190	28,836	94.83	4.15	$991,131
Apr 2013	10,205	30,126	93.96	4.28	$1,087,879
Mar 2013	12,307	30,090	93.62	3.91	$1,269,920
Feb 2013	11,526	28,970	91.23	3.42	$1,150,592
Jan 2013	17,525	37,889	91.60	3.42	$1,734,867
Dec 2012	20,290	37,455	86.77	3.42	$1,888,665
Nov 2012	24,598	33,941	86.95	3.62	$2,261,831
Oct 2012	27,565	28,997	89.38	3.40	$2,562,340
Sep 2012	3,691	5,518	94.67	2.92	$365,531

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

Oil                  349 bbl  × $106.41 =    $37,137
Casinghead gas    10,882 Mcf  × $  3.05 =    $33,145

────────────────────────────────────────────────────
Month total                                  $70,282

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/O/8776 is the state's own key, not one this site invented.