STILES 4

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 8797District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$18.0 M
Feb 2013 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
160
no gaps in the span
Streams
2
oil, casinghead 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 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.

StreamBasisVolumeValue
OilDisposition178,035 bbl$15,430,674
Casinghead gasProduction743,570 Mcf$2,519,786
Total$17,950,459

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 35.4454, -100.0614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44543, -100.06138 · 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
10,693 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 10,693 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-483336041704H10,693 ftFeb 2013

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 (160)

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

160 months

May 202651,138106.413.05$3,998
Apr 202671,21198.932.87$4,168
Mar 202681,49389.753.15$5,420
Feb 20261751,17763.503.75$15,527
Jan 202691,23459.138.00$10,402
Dec 202581,54656.664.41$7,276
Nov 202591,36758.593.93$5,895
Oct 20251081,60659.383.30$11,721
Sep 202581,58862.743.08$5,388
Aug 20251841,56363.933.01$16,475
Jul 2025112,04166.743.32$7,500
Jun 2025111,72566.483.13$6,128
May 2025121,63360.553.23$6,005
Apr 20251961,61262.363.54$17,934
Mar 202592,14567.704.27$9,765
Feb 202581,62370.884.34$7,612
Jan 2025111,99074.324.28$9,332
Dec 2024112,27368.993.12$7,854
Nov 20241992,01569.052.20$18,171
Oct 2024152,29371.372.28$6,302
Sep 202461,27869.612.36$3,439
Aug 20241921,72675.632.06$18,083
Jul 202491,61379.932.15$4,182
Jun 202451,47778.082.63$4,281
May 202481,60378.812.20$4,155
Apr 202418562684.451.66$16,662
Mar 2024335780.301.55$793
Feb 2024692076.091.78$2,097
Jan 2024362073.023.30$2,264
Dec 2023588171.262.61$2,656
Nov 202316395677.892.81$15,380
Oct 2023568885.443.09$2,551
Sep 2023489389.042.74$2,799
Aug 2023396380.522.67$2,816
Jul 202318599074.852.64$16,463
Jun 202351,06268.962.26$2,743
May 2023593770.622.23$2,440
Apr 2023378678.122.24$1,993
Mar 202315699572.852.39$13,746
Feb 2023359775.112.47$1,697
Jan 2023585476.533.39$3,276
Dec 202217486376.415.73$18,240
Nov 2022371885.005.65$4,309
Oct 202219272587.185.86$20,990
Sep 202241,05984.888.16$8,985
Aug 202241,02094.529.13$9,688
Jul 202221,058101.587.54$8,183
Jun 2022182941115.097.98$28,453
May 20223951109.378.43$8,348
Apr 2022175786104.226.84$23,613
Mar 202231,022108.885.08$5,515
Feb 202218563591.054.86$19,930
Jan 202241,04481.844.54$5,065
Dec 20211881,30571.323.90$18,497
Nov 202181,37677.435.24$7,825
Oct 202141,12679.795.71$6,753
Sep 202118387969.865.35$17,488
Aug 2021385566.024.22$3,807
Jul 2021381370.783.98$3,450
Jun 2021384569.493.38$3,065
May 202118499963.483.02$14,695
Apr 202171,11860.362.76$3,506
Mar 202171,48461.302.72$4,461
Feb 2021474057.805.55$4,337
Jan 202181,43250.412.81$4,428
Dec 20202031,60244.642.68$13,348
Nov 2020322,59738.772.71$8,270
Oct 20202182,97836.972.48$15,440
Sep 2020342,91437.091.99$7,063
Aug 20202093,10539.982.39$15,762
Jul 20202083,12138.371.83$13,677
Jun 20202103,30934.901.69$12,922
May 2020313,37816.921.81$6,655
Apr 20201982,66314.751.80$7,726
Mar 20201953,27430.341.86$11,994
Feb 20201793,39449.881.98$15,651
Jan 20201933,42557.252.09$18,224
Dec 20192064,43559.012.30$22,376
Nov 20192044,10355.302.75$22,567
Oct 20192113,26253.472.42$19,171
Sep 20191092,21155.052.66$11,876
Aug 20192201,80653.112.30$15,846
Jul 20191622,14656.272.46$14,395
Jun 20191632,84052.782.49$15,678
May 20191593,05158.482.74$17,659
Apr 20193162,76962.632.75$27,408
Mar 20191863,09756.803.06$20,048
Feb 20191962,82650.852.79$17,857
Jan 20191793,67246.033.23$20,093
Dec 20183774,63846.594.19$36,977
Nov 20182333,60152.934.24$27,591
Oct 20181653,06561.443.40$20,553
Sep 20182692,62359.543.11$24,169
Aug 20182482,61059.403.07$22,735
Jul 20182412,85165.142.93$24,058
Jun 20182603,18560.183.08$25,447
May 20182603,56565.382.90$27,340
Apr 20183023,48063.842.90$29,374
Mar 20183983,87261.222.79$35,156
Feb 2018841,91461.782.77$10,484
Jan 2018962,04962.874.01$14,251
Dec 20172712,40857.272.92$22,555
Nov 20172324,10955.423.12$25,671
Oct 20172133,66349.292.98$21,428
Sep 20172053,62947.523.09$20,945
Aug 20173084,06745.373.00$26,193
Jul 20172434,39843.873.09$24,238
Jun 20172434,52842.493.09$24,304
May 20172545,52445.373.26$29,551
Apr 20172024,58447.933.21$24,404
Mar 20172325,50846.772.98$27,285
Feb 20172154,84850.452.95$25,161
Jan 20172805,41749.413.42$32,354
Dec 20163037,18448.763.72$41,519
Nov 20164427,39442.492.64$38,333
Oct 20162347,49346.193.09$33,964
Sep 20167489,63541.553.10$60,954
Aug 201636411,00341.442.92$47,261
Jul 201675911,61941.622.92$65,567
Jun 20162267,69445.352.69$30,914
May 20163367,41642.521.99$29,052
Apr 20163857,44536.561.99$28,899
Mar 20163657,26933.011.79$25,089
Feb 20163587,33126.472.06$24,605
Jan 20164828,02227.352.36$32,150
Dec 20154327,60732.362.00$29,204
Nov 20156537,56538.792.17$41,726
Oct 20155878,14643.552.43$45,331
Sep 20157388,36642.992.76$54,804
Aug 20156318,47440.162.87$49,682
Jul 20157188,63448.152.95$60,000
Jun 20158288,18456.152.88$70,086
May 20158118,07755.212.96$68,646
Apr 20157697,95449.822.71$59,840
Mar 20158208,03842.892.93$58,759
Feb 20151,1997,27144.662.98$75,187
Jan 20158508,30843.433.10$62,676
Dec 20141,0408,51254.693.59$87,447
Nov 20141,3278,15970.464.25$128,191
Oct 20141,5728,51878.303.90$156,316
Sep 20141,5778,22786.164.05$169,156
Aug 20142,0849,65589.394.04$225,248
Jul 20142,2189,67796.564.18$254,616
Jun 20142,0625,56298.164.74$228,752
May 20142,7396,44694.734.73$289,933
Apr 20141,8623,56895.944.81$195,799
Mar 20141,1001,72295.895.06$114,187
Feb 201454935797.406.19$55,683
Jan 20145,04813,10590.404.86$520,039
Dec 20134,4439,81791.824.35$450,704
Nov 20135,54410,07388.853.74$530,240
Oct 20135,20610,06697.423.78$545,212
Sep 20135,4687,616104.113.72$597,588
Aug 20133,6346,123104.253.52$400,413
Jul 20131,3231,205102.523.72$140,114
Jun 20134,79913,14794.403.93$504,738
May 201317,82647,41994.834.15$1,887,185
Apr 201320,94339,45493.964.28$2,136,770
Mar 201330,44142,36393.623.91$3,015,647
Feb 201327,64436,64791.233.42$2,647,292

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                    5 bbl  × $106.41 =       $532
Casinghead gas     1,138 Mcf  × $  3.05 =     $3,466

────────────────────────────────────────────────────
Month total                                   $3,998

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/8797 is the state's own key, not one this site invented.