STILES 16

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 8944District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$18.3 M
Jul 2013 – May 2026
Value, last 12 filed months
$339 k
at the published price for each month
Months reported
155
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
OilDisposition184,884 bbl$13,818,086
Casinghead gasProduction1,351,459 Mcf$4,504,563
Total$18,322,648

Wells on this lease (2)

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 35.4723, -100.0905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.47227, -100.09051 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,549 ft
2 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.
2100.0%

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 10,539 and 10,558 ft, median 10,549 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2013
2 of 2 wells

2 wells

42-483336291416H10,539 ftJul 2013
42-483336331516H10,558 ftJul 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 (155)

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

155 months

May 2026994,079106.413.05$22,959
Apr 20261364,71698.932.87$26,988
Mar 20261115,31189.753.15$26,689
Feb 20261284,67663.503.75$25,665
Jan 20261034,84259.138.00$44,816
Dec 20253065,36156.664.41$40,998
Nov 20251104,50358.593.93$24,126
Oct 20251534,03759.383.30$22,427
Sep 20251103,85462.743.08$18,760
Aug 20251854,71363.933.01$26,036
Jul 20251955,62966.743.32$31,676
Jun 20251784,96966.483.13$27,380
May 20253795,98060.553.23$42,278
Apr 20252055,88762.363.54$33,642
Mar 20251996,16267.704.27$39,774
Feb 20251504,75170.884.34$31,255
Jan 20251854,84474.324.28$34,475
Dec 20241434,99868.993.12$25,466
Nov 20241694,95469.052.20$22,561
Oct 20241835,38471.372.28$25,344
Sep 20241765,49669.612.36$25,246
Aug 20242846,14875.632.06$34,166
Jul 20241485,13979.932.15$22,861
Jun 20241494,66278.082.63$23,914
May 20241174,83478.812.20$19,848
Apr 20241124,75784.451.66$17,351
Mar 2024934,93080.301.55$15,085
Feb 20241034,54976.091.78$15,951
Jan 20241013,92673.023.30$20,322
Dec 20231305,07071.262.61$22,500
Nov 20231265,76977.892.81$26,011
Oct 20231686,68685.443.09$34,995
Sep 20231456,31889.042.74$30,191
Aug 20231626,57880.522.67$30,626
Jul 20231316,82674.852.64$27,838
Jun 20232356,37868.962.26$30,610
May 20231346,98170.622.23$25,013
Apr 20231396,85578.122.24$26,199
Mar 20231777,00472.852.39$29,656
Feb 20231636,73775.112.47$28,854
Jan 20231777,40476.533.39$38,628
Dec 20221347,06876.415.73$50,732
Nov 20221347,19685.005.65$52,020
Oct 20221917,52287.185.86$60,759
Sep 20221407,52284.888.16$73,290
Aug 20221537,85594.529.13$86,155
Jul 20221518,187101.587.54$77,086
Jun 20221148,530115.097.98$81,166
May 20221118,266109.378.43$81,848
Apr 2022957,921104.226.84$64,062
Mar 20221227,701108.885.08$52,377
Feb 20221086,53691.054.86$41,591
Jan 20223267,53281.844.54$60,858
Dec 20212217,58471.323.90$45,333
Nov 20212827,44277.435.24$60,808
Oct 20211548,02179.795.71$58,119
Sep 20211237,95869.865.35$51,175
Aug 20211308,49966.024.22$44,453
Jul 20211238,96970.783.98$44,421
Jun 20211228,44369.493.38$37,020
May 20211328,51563.483.02$34,075
Apr 20211648,53360.362.76$33,437
Mar 202119011,00561.302.72$41,547
Feb 2021993,93557.805.55$27,553
Jan 20212998,63350.412.81$39,334
Dec 20202918,84144.642.68$36,644
Nov 20203778,46438.772.71$37,525
Oct 20203449,27636.972.48$35,708
Sep 20203049,34137.091.99$29,874
Aug 202033810,12839.982.39$37,670
Jul 202029510,13538.371.83$29,817
Jun 202028610,29934.901.69$27,390
May 202033510,24816.921.81$24,266
Apr 20203919,69214.751.80$23,255
Mar 20203549,74330.341.86$28,826
Feb 20204469,24249.881.98$40,552
Jan 202056710,82357.252.09$55,132
Dec 201954110,46959.012.30$56,049
Nov 20194729,85255.302.75$53,202
Oct 20195909,84353.472.42$55,353
Sep 20195839,65255.052.66$57,742
Aug 201956810,38353.112.30$54,093
Jul 201957610,84556.272.46$59,091
Jun 201977110,81852.782.49$67,643
May 201973511,86058.482.74$75,483
Apr 201975811,88762.632.75$80,171
Mar 201959010,86456.803.06$66,779
Feb 201957510,17450.852.79$57,647
Jan 201992011,47046.033.23$79,375
Dec 201877711,56846.594.19$84,618
Nov 20186017,80852.934.24$64,895
Oct 201894911,39861.443.40$97,038
Sep 201895611,70959.543.11$93,312
Aug 201892710,82659.403.07$88,262
Jul 201875110,60565.142.93$80,013
Jun 20189149,82360.183.08$85,229
May 20187839,79965.382.90$79,617
Apr 20189639,74863.842.90$89,755
Mar 20181,15111,38361.222.79$102,187
Feb 201897310,04361.782.77$87,892
Jan 20185798,51662.874.01$70,545
Dec 201796411,17757.272.92$87,862
Nov 201794711,37755.423.12$87,960
Oct 201796511,58749.292.98$82,137
Sep 201793210,92047.523.09$78,002
Aug 20171,32712,06745.373.00$96,460
Jul 20171,27712,64643.873.09$95,064
Jun 20171,28212,49142.493.09$93,035
May 20171,85413,97845.373.26$129,732
Apr 20171,10210,70147.933.21$87,186
Mar 201798911,54146.772.98$80,690
Feb 20177869,21650.452.95$66,865
Jan 20171,01012,48449.413.42$92,584
Dec 201684613,28148.763.72$90,694
Nov 20161,46514,88142.492.64$101,598
Oct 20161,68713,29046.193.09$118,992
Sep 20161,2849,04741.553.10$81,402
Aug 20161,62510,78241.442.92$98,870
Jul 20161,6179,65841.622.92$95,543
Jun 20161,4508,87345.352.69$89,589
May 20161,65310,35442.521.99$90,901
Apr 20161,49311,36436.561.99$77,210
Mar 201689510,05933.011.79$47,590
Feb 201685812,94626.472.06$49,427
Jan 20161,41411,12527.352.36$64,976
Dec 20151,22211,37632.362.00$62,312
Nov 20151,32911,11938.792.17$75,650
Oct 20151,56310,96543.552.43$94,676
Sep 20151,6739,03342.992.76$96,839
Aug 20151,98410,72540.162.87$110,485
Jul 20151,4749,46048.152.95$98,834
Jun 20151,79810,69056.152.88$131,775
May 20152,24911,40255.212.96$157,865
Apr 20152,16110,98749.822.71$137,398
Mar 20152,1779,42642.892.93$121,034
Feb 20151,8096,44644.662.98$99,974
Jan 20152,9879,63843.433.10$159,609
Dec 20142,5397,74054.693.59$166,655
Nov 20142,8617,10370.464.25$231,787
Oct 20143,2957,53078.303.90$287,373
Sep 20143,1436,63286.164.05$297,630
Aug 20143,6466,91489.394.04$353,815
Jul 20143,9417,44896.564.18$411,673
Jun 20143,6288,96598.164.74$398,591
May 20145,53011,84494.734.73$579,838
Apr 20145,21511,15795.944.81$553,982
Mar 20146,40913,40895.895.06$682,361
Feb 20144,8049,12297.406.19$524,393
Jan 20145,1035,43990.404.86$487,749
Dec 201373799791.824.35$72,013
Nov 20134,6916,45288.853.74$440,915
Oct 201312,1532,28797.423.78$1,192,589
Sep 201312,96827,017104.113.72$1,450,541
Aug 201314,28330,959104.253.52$1,598,059
Jul 20135,0443,688102.523.72$530,822

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                   99 bbl  × $106.41 =    $10,535
Casinghead gas     4,079 Mcf  × $  3.05 =    $12,424

────────────────────────────────────────────────────
Month total                                  $22,959

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/8944 is the state's own key, not one this site invented.