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STILES 18A

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 9024District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$11.3 M
Sep 2013 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
153
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition125,430 bbl$9,641,959
Casinghead gasProduction469,595 Mcf$1,647,336
Total$11,289,295

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 35.4730, -100.0564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47300, -100.05643 · 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
10,582 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 10,582 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-483337321818H10,582 ftSep 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 (153)

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

153 months

May 20261231,372106.413.05$17,267
Apr 2026971,19498.932.87$13,023
Mar 20261691,36489.753.15$19,464
Feb 20261131,32363.503.75$12,137
Jan 2026231,13259.138.00$10,414
Dec 2025711,33856.664.41$9,928
Nov 2025671,59158.593.93$10,173
Oct 2025801,60559.383.30$10,055
Sep 2025361,60262.743.08$7,188
Aug 2025821,85663.933.01$10,838
Jul 2025941,72566.743.32$11,992
Jun 2025891,72666.483.13$11,317
May 20251151,78660.553.23$12,736
Apr 20251151,75062.363.54$13,372
Mar 20251891,89367.704.27$20,875
Feb 2025951,77670.884.34$14,443
Jan 20251391,64374.324.28$17,360
Dec 2024921,71268.993.12$11,691
Nov 20241081,69669.052.20$11,186
Oct 2024861,84671.372.28$10,349
Sep 2024711,55869.612.36$8,626
Aug 2024971,54975.632.06$10,533
Jul 20241101,47179.932.15$11,950
Jun 20241391,49078.082.63$14,778
May 20241371,54278.812.20$14,187
Apr 20241191,58484.451.66$12,678
Mar 2024921,77680.301.55$10,132
Feb 20241151,72076.091.78$11,818
Jan 20241752,12773.023.30$19,793
Dec 20231211,80271.262.61$13,327
Nov 20231271,81277.892.81$14,979
Oct 20231201,93085.443.09$16,211
Sep 2023742,35889.042.74$13,038
Aug 20231002,51880.522.67$14,782
Jul 20231072,49774.852.64$14,606
Jun 20231132,52968.962.26$13,504
May 20231502,50870.622.23$16,179
Apr 20231202,33178.122.24$14,591
Mar 20231042,08272.852.39$12,559
Feb 2023921,93675.112.47$11,684
Jan 20232152,05276.533.39$23,406
Dec 20222702,02576.415.73$32,232
Nov 20221811,79585.005.65$25,520
Oct 20222381,76387.185.86$31,087
Sep 20222452,03184.888.16$37,376
Aug 20221982,22794.529.13$39,041
Jul 20222032,078101.587.54$36,293
Jun 20223772,081115.097.98$59,989
May 202282,107109.378.43$18,643
Apr 20221962,029104.226.84$34,301
Mar 20221891,922108.885.08$30,335
Feb 2022101,91291.054.86$10,201
Jan 2022552,01481.844.54$13,640
Dec 20211492,13971.323.90$18,967
Nov 20211532,11377.435.24$22,912
Oct 20211632,25579.795.71$25,891
Sep 20211542,37269.865.35$23,451
Aug 20211602,43366.024.22$20,832
Jul 20211892,40070.783.98$22,934
Jun 20211672,32469.493.38$19,461
May 20211662,41163.483.02$17,813
Apr 20211982,38560.362.76$18,530
Mar 20211192,78161.302.72$14,851
Feb 20211131,92057.805.55$17,183
Jan 20212182,40850.412.81$17,757
Dec 20202032,38444.642.68$15,440
Nov 20202222,47638.772.71$15,308
Oct 2020372,53736.972.48$7,656
Sep 20202212,48037.091.99$13,135
Aug 20202072,63839.982.39$14,568
Jul 20202032,63138.371.83$12,591
Jun 20202142,66334.901.69$11,970
May 20202132,68716.921.81$8,480
Apr 20202142,67614.751.80$7,985
Mar 20202012,67130.341.86$11,056
Feb 20202142,46449.881.98$15,555
Jan 20202092,20357.252.09$16,580
Dec 20192091,98359.012.30$16,903
Nov 20193852,44155.302.75$28,005
Oct 20192112,88353.472.42$18,255
Sep 20192052,70555.052.66$18,473
Aug 20191973,25253.112.30$17,956
Jul 20195733,07256.272.46$39,800
Jun 20191963,36852.782.49$18,735
May 20191973,38158.482.74$20,786
Apr 20193823,26662.632.75$32,908
Mar 20193843,16156.803.06$31,491
Feb 2019163,08250.852.79$9,419
Jan 20194043,62946.033.23$30,311
Dec 20185633,67946.594.19$41,628
Nov 20182043,37752.934.24$25,107
Oct 20183864,02261.443.40$37,383
Sep 20184583,13459.543.11$37,010
Aug 20185922,54359.403.07$42,963
Jul 20184882,40265.142.93$38,831
Jun 20184562,50360.183.08$35,144
May 20185332,77765.382.90$42,903
Apr 20185302,61663.842.90$41,424
Mar 20186302,71661.222.79$46,138
Feb 20185172,46661.782.77$38,762
Jan 20185482,98762.874.01$46,429
Dec 20177372,97857.272.92$50,908
Nov 20176052,84255.423.12$42,391
Oct 20175622,98149.292.98$36,595
Sep 20174313,25147.523.09$30,518
Aug 20176013,52545.373.00$37,858
Jul 20175113,67743.873.09$33,770
Jun 20176443,64542.493.09$38,617
May 20175463,79845.373.26$37,166
Apr 20175743,80547.933.21$39,732
Mar 20176593,82046.772.98$42,219
Feb 20176443,73350.452.95$43,512
Jan 20176064,50449.413.42$45,341
Dec 20166314,87048.763.72$48,898
Nov 20167825,00142.492.64$46,452
Oct 20161,0665,43446.193.09$66,031
Sep 20166565,55941.553.10$44,493
Aug 20169055,69241.442.92$54,149
Jul 20168905,89341.622.92$54,275
Jun 20161,0695,93445.352.69$64,417
May 20161,1136,40242.521.99$60,071
Apr 20161,1184,34636.561.99$49,527
Mar 20169451,48333.011.79$33,855
Feb 201675099326.472.06$21,902
Jan 20169272,34227.352.36$30,891
Dec 20151,0862,71632.362.00$40,579
Nov 20159522,93338.792.17$43,285
Oct 20159563,19043.552.43$49,375
Sep 20151,0822,70642.992.76$53,979
Aug 20151,0812,88640.162.87$51,703
Jul 20151,1122,50648.152.95$60,923
Jun 20151,4362,64656.152.88$88,259
May 20151,1242,95355.212.96$70,783
Apr 20151,0952,78049.822.71$62,077
Mar 20151,3032,51842.892.93$63,275
Feb 20158232,05244.662.98$42,862
Jan 201593297443.433.10$43,497
Dec 2014555054.693.59$30,353
Nov 2014753070.464.25$53,056
Oct 201412078.303.90$940
Sep 2014573086.164.05$49,370
Aug 20142,2423,02289.394.04$212,607
Jul 20141,3081,83896.564.18$133,983
Jun 2014373098.164.74$36,614
May 20145,80711,36294.734.73$603,800
Apr 20142,9899,34495.944.81$331,701
Mar 20145,27611,04995.895.06$561,788
Feb 20145,70810,60597.406.19$621,625
Jan 20147,71014,37390.404.86$766,847
Dec 20138,47513,39691.824.35$836,507
Nov 201311,44414,32288.853.74$1,070,339
Oct 201314,45016,44297.423.78$1,469,859
Sep 20136,5799,492104.113.72$720,228

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                  123 bbl  × $106.41 =    $13,088
Casinghead gas     1,372 Mcf  × $  3.05 =     $4,179

────────────────────────────────────────────────────
Month total                                  $17,267

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/9024 is the state's own key, not one this site invented.