STILES 4D

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 9026District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$8.9 M
Feb 2014 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
148
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
OilDisposition83,016 bbl$6,162,233
Casinghead gasProduction822,006 Mcf$2,700,424
Total$8,862,657

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 35.4583, -100.0658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45832, -100.06583 · 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
10,607 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 10,607 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-483337902004H10,607 ftFeb 2014

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 (148)

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

148 months

May 202611339106.413.05$2,203
Apr 20261541298.932.87$2,666
Mar 20261849789.753.15$3,181
Feb 20262443163.503.75$3,140
Jan 20262167959.138.00$6,672
Dec 20252753656.664.41$3,895
Nov 2025201,07658.593.93$5,397
Oct 2025311,05859.383.30$5,337
Sep 2025221,16262.743.08$4,956
Aug 2025311,24063.933.01$5,720
Jul 2025381,27466.743.32$6,760
Jun 2025321,15866.483.13$5,750
May 2025411,26160.553.23$6,559
Apr 2025381,12462.363.54$6,352
Mar 2025411,03267.704.27$7,181
Feb 20253594670.884.34$6,587
Jan 2025501,03974.324.28$8,162
Dec 2024361,21268.993.12$6,267
Nov 2024451,17969.052.20$5,699
Oct 2024511,36871.372.28$6,761
Sep 2024521,84769.612.36$7,987
Aug 2024351,74475.632.06$6,246
Jul 2024451,72279.932.15$7,293
Jun 2024461,65878.082.63$7,959
May 2024501,80378.812.20$7,904
Apr 2024581,92284.451.66$8,087
Mar 2024412,14180.301.55$6,600
Feb 2024371,64176.091.78$5,742
Jan 2024681,63773.023.30$10,364
Dec 2023611,78571.262.61$9,007
Nov 2023532,15077.892.81$10,164
Oct 2023512,39285.443.09$11,742
Sep 2023501,79989.042.74$9,372
Aug 2023431,12680.522.67$6,472
Jul 2023391,12574.852.64$5,891
Jun 2023571,16668.962.26$6,564
May 2023291,33270.622.23$5,015
Apr 2023381,69978.122.24$6,771
Mar 2023472,23872.852.39$8,780
Feb 2023422,32975.112.47$8,897
Jan 2023412,23676.533.39$10,713
Dec 2022572,69076.415.73$19,767
Nov 2022393,10685.005.65$20,852
Oct 2022502,30187.185.86$17,852
Sep 2022622,12084.888.16$22,570
Aug 2022642,07294.529.13$24,961
Jul 2022501,726101.587.54$18,097
Jun 2022431,630115.097.98$17,952
May 2022522,015109.378.43$22,680
Apr 20221842,204104.226.84$34,247
Mar 2022113,070108.885.08$16,782
Feb 2022463,20391.054.86$19,751
Jan 20221293,84381.844.54$27,996
Dec 20211413,07271.323.90$22,034
Nov 20211653,08977.435.24$28,953
Oct 20212012,83879.795.71$32,254
Sep 20212402,42869.865.35$29,758
Aug 20212432,39366.024.22$26,143
Jul 20212022,44670.783.98$24,038
Jun 20211762,36869.493.38$20,236
May 20212142,80063.483.02$22,034
Apr 20212613,44260.362.76$25,248
Mar 20212433,84361.302.72$25,337
Feb 20211082,21757.805.55$18,542
Jan 20212103,88150.412.81$21,493
Dec 20203033,78044.642.68$23,639
Nov 20202023,45738.772.71$17,188
Oct 20202263,12936.972.48$16,110
Sep 20201271,45937.091.99$7,615
Aug 20201271,87939.982.39$9,559
Jul 20201271,96038.371.83$8,450
Jun 20202393,00534.901.69$13,420
May 20202263,71316.921.81$10,562
Apr 20203384,66814.751.80$13,408
Mar 20203154,43830.341.86$17,795
Feb 20203275,00949.881.98$26,232
Jan 20202815,06257.252.09$26,691
Dec 20192863,81059.012.30$25,656
Nov 20191533,48855.302.75$18,055
Oct 20192174,50553.472.42$22,499
Sep 20191723,79555.052.66$19,553
Aug 20192044,15453.112.30$20,407
Jul 20191914,41656.272.46$21,611
Jun 20191474,30052.782.49$18,471
May 20191384,62758.482.74$20,750
Apr 20192304,76362.632.75$27,506
Mar 20193435,90156.803.06$37,552
Feb 20192015,78850.852.79$26,382
Jan 20192026,57646.033.23$30,527
Dec 2018825,59146.594.19$27,221
Nov 20181163,74152.934.24$21,991
Oct 20181584,92461.443.40$26,440
Sep 20181744,17959.543.11$23,348
Aug 20181764,40359.403.07$23,956
Jul 20181784,65165.142.93$25,231
Jun 20182054,35960.183.08$25,749
May 20182174,64965.382.90$27,673
Apr 20182234,65063.842.90$27,725
Mar 20182416,00161.222.79$31,478
Feb 20181506,83161.782.77$28,162
Jan 20181161,38662.874.01$12,850
Dec 20172036,33257.272.92$30,125
Nov 20172186,93755.423.12$33,714
Oct 20172737,27649.292.98$35,165
Sep 20172966,39247.523.09$33,800
Aug 20173487,39745.373.00$38,012
Jul 20173447,76243.873.09$39,055
Jun 20173207,67942.493.09$37,304
May 20172909,45645.373.26$44,016
Apr 201720810,10947.933.21$42,436
Mar 201723810,61246.772.98$42,794
Feb 201726710,45050.452.95$44,325
Jan 201730112,43749.413.42$57,392
Dec 201625711,57948.763.72$55,638
Nov 20169109,68842.492.64$64,284
Oct 20162757,55546.193.09$36,049
Sep 20161318,65341.553.10$32,273
Aug 20164328,31141.442.92$42,206
Jul 20164467,81541.622.92$41,416
Jun 20165788,28545.352.69$48,464
May 20165219,44642.521.99$40,960
Apr 20165219,63936.561.99$38,239
Mar 201655411,27833.011.79$38,520
Feb 201671511,80326.472.06$43,283
Jan 201694413,70727.352.36$58,227
Dec 201568114,85832.362.00$51,774
Nov 201570113,15938.792.17$55,712
Oct 201563313,35943.552.43$59,984
Sep 201568213,10342.992.76$65,463
Aug 201575914,59540.162.87$72,405
Jul 201591415,35248.152.95$89,222
Jun 20151,21613,16856.152.88$106,240
May 20151,1429,27955.212.96$90,473
Apr 20159709,77449.822.71$74,779
Mar 20151,08911,09942.892.93$79,280
Feb 20151,66311,28744.662.98$107,862
Jan 20151,32513,49943.433.10$99,400
Dec 20141,77413,77054.693.59$146,473
Nov 20142,29714,34470.464.25$222,835
Oct 20142,92216,00278.303.90$291,216
Sep 20143,10017,03686.164.05$336,014
Aug 20143,91317,62389.394.04$420,894
Jul 20145,28517,27396.564.18$582,514
Jun 20143,97727,82798.164.74$522,195
May 20147,42319,79194.734.73$796,724
Apr 20148,29117,50095.944.81$879,598
Mar 201410,13213,21295.895.06$1,038,368
Feb 201437813997.406.19$37,678

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                   11 bbl  × $106.41 =     $1,171
Casinghead gas       339 Mcf  × $  3.05 =     $1,033

────────────────────────────────────────────────────
Month total                                   $2,203

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/9026 is the state's own key, not one this site invented.