STILES 24

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 9053District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$10.0 M
Apr 2013 – May 2026
Value, last 12 filed months
$298 k
at the published price for each month
Months reported
158
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
OilDisposition110,497 bbl$7,375,932
Casinghead gasProduction765,911 Mcf$2,620,620
Total$9,996,552

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 35.4874, -100.0748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48739, -100.07484 · 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
10,580 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 10,580 ft.

Completions filed
Apr 2013
1 of 1 wells

1 well

42-483336351324H10,580 ftApr 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 (158)

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

158 months

May 2026173,389106.413.05$12,131
Apr 2026853,49898.932.87$18,447
Mar 20261813,66489.753.15$27,784
Feb 20262393,60563.503.75$28,696
Jan 2026753,60059.138.00$33,227
Dec 20251883,66556.664.41$26,827
Nov 20252813,71158.593.93$31,035
Oct 20251513,98559.383.30$22,136
Sep 2025603,94662.743.08$15,906
Aug 20252264,29463.933.01$27,394
Jul 20252034,19566.743.32$27,455
Jun 20252153,95766.483.13$26,674
May 20252604,09460.553.23$28,976
Apr 20252884,12462.363.54$32,572
Mar 20253504,38767.704.27$42,420
Feb 20252293,92670.884.34$33,274
Jan 20253264,06674.324.28$41,625
Dec 20242114,25368.993.12$27,832
Nov 20242544,16769.052.20$26,700
Oct 20242134,33471.372.28$25,089
Sep 20242184,09469.612.36$24,855
Aug 20242894,35775.632.06$30,848
Jul 20241644,48079.932.15$22,725
Jun 2024884,00478.082.63$17,418
May 20241034,28278.812.20$17,531
Apr 20241464,31784.451.66$19,492
Mar 20244784,63880.301.55$45,550
Feb 20246224,71476.091.78$55,736
Jan 2024194,87473.023.30$17,460
Dec 20231874,79071.262.61$25,831
Nov 20233074,82777.892.81$37,464
Oct 20233965,20085.443.09$49,888
Sep 20232015,08989.042.74$31,816
Aug 20231985,17680.522.67$29,778
Jul 20232065,26874.852.64$29,336
Jun 20233735,15068.962.26$37,353
May 2023285,09070.622.23$13,315
Apr 20233745,22578.122.24$40,909
Mar 20232055,26472.852.39$27,532
Feb 20232055,15775.112.47$28,113
Jan 2023264,86576.533.39$18,471
Dec 20223924,95876.415.73$58,358
Nov 20223925,20785.005.65$62,720
Oct 20221995,05687.185.86$46,996
Sep 20222125,64184.888.16$64,046
Aug 20223725,67294.529.13$86,931
Jul 20225755,726101.587.54$101,594
Jun 20221945,499115.097.98$66,194
May 20223835,498109.378.43$88,254
Apr 20223815,670104.226.84$78,477
Mar 20224007,004108.885.08$79,107
Feb 20224085,51291.054.86$63,930
Jan 20225715,81481.844.54$73,113
Dec 20212165,64171.323.90$37,400
Nov 20213975,39577.435.24$58,993
Oct 20213915,75279.795.71$64,064
Sep 20212065,81669.865.35$45,512
Aug 20213866,15266.024.22$51,449
Jul 20213816,02270.783.98$50,947
Jun 20213855,76269.493.38$46,233
May 20213796,24663.483.02$42,907
Apr 20213945,69960.362.76$39,502
Mar 20214006,46561.302.72$42,085
Feb 20212083,88257.805.55$33,560
Jan 20213935,67750.412.81$35,765
Dec 20204065,40644.642.68$32,587
Nov 20204105,28138.772.71$30,189
Oct 20201834,78236.972.48$18,617
Sep 20205735,67137.091.99$32,544
Aug 20203785,56739.982.39$28,390
Jul 20203785,27938.371.83$24,139
Jun 20205735,15934.901.69$28,718
May 20204005,19716.921.81$16,199
Apr 20205814,79714.751.80$17,225
Mar 20203954,92330.341.86$21,123
Feb 20205794,77749.881.98$38,342
Jan 20205814,94157.252.09$43,612
Dec 20195754,99659.012.30$45,443
Nov 20193885,00055.302.75$35,210
Oct 20195684,93353.472.42$42,302
Sep 20193834,20155.052.66$32,247
Aug 20193805,08953.112.30$31,909
Jul 20195545,30156.272.46$44,214
Jun 20193795,20752.782.49$32,975
May 20195415,70258.482.74$47,263
Apr 20197435,25262.632.75$60,981
Mar 20197595,43656.803.06$59,757
Feb 20197176,58850.852.79$54,855
Jan 20195537,08746.033.23$48,333
Dec 20185655,42146.594.19$49,013
Nov 20183965,01352.934.24$42,202
Oct 20187295,58261.443.40$63,758
Sep 20185585,29659.543.11$49,683
Aug 20187464,91159.403.07$59,372
Jul 20187134,55565.142.93$59,800
Jun 20185614,38460.183.08$47,250
May 20187384,65365.382.90$61,748
Apr 20185734,51763.842.90$49,683
Mar 20181,0504,67661.222.79$77,312
Feb 20189144,10161.782.77$67,811
Jan 20183744,38562.874.01$41,094
Dec 20177423,24957.272.92$51,986
Nov 20175683,97255.423.12$43,865
Oct 20179414,25749.292.98$59,083
Sep 20175624,14847.523.09$39,512
Aug 20177394,32345.373.00$46,516
Jul 20177314,61843.873.09$46,326
Jun 20177354,36142.493.09$44,694
May 20179374,67245.373.26$57,758
Apr 20171,1254,61847.933.21$68,752
Mar 20175764,90646.772.98$41,577
Feb 20177444,31650.452.95$50,278
Jan 20171,1134,56149.413.42$70,586
Dec 20165644,69348.763.72$44,972
Nov 20161,2574,27942.492.64$64,725
Oct 20167304,97346.193.09$49,087
Sep 20161,0865,19141.553.10$61,219
Aug 20161,0725,91241.442.92$61,712
Jul 20161,2436,25241.622.92$70,017
Jun 20161,2585,91145.352.69$72,926
May 20161,3095,92942.521.99$67,464
Apr 20161,3085,51836.561.99$58,807
Mar 20161,1634,83433.011.79$47,063
Feb 20161,3254,49126.472.06$44,341
Jan 20167675,42827.352.36$33,811
Dec 20151,1214,53732.362.00$45,356
Nov 20159294,77638.792.17$46,387
Oct 20151,1414,83043.552.43$61,411
Sep 20151,1104,43442.992.76$59,950
Aug 20151,0854,44840.162.87$56,350
Jul 20151,4244,31348.152.95$81,268
Jun 20151,0804,36056.152.88$73,211
May 20151,1284,58255.212.96$75,819
Apr 20151,4645,38449.822.71$87,509
Mar 20151,0934,98542.892.93$61,508
Feb 20151,1104,27644.662.98$62,299
Jan 20151,4764,78843.433.10$78,949
Dec 20141,1363,71854.693.59$75,481
Nov 20141,1524,04670.464.25$98,373
Oct 20141,6463,87578.303.90$143,998
Sep 20141,2744,05586.164.05$126,172
Aug 20141,1194,53189.394.04$118,311
Jul 20141,4954,57096.564.18$163,458
Jun 20141,3044,36198.164.74$148,658
May 20142,2344,68994.734.73$233,790
Apr 20141,0904,12195.944.81$124,393
Mar 20141,9314,45195.895.06$207,671
Feb 20141,2832,95297.406.19$143,243
Jan 20141,9993,61390.404.86$198,271
Dec 20132,3944,03591.824.35$237,387
Nov 20131,4073,69188.853.74$138,810
Oct 20132,6486,14097.423.78$281,173
Sep 20131,8166,185104.113.72$212,058
Aug 20132,7026,303104.253.52$303,887
Jul 20131,8827,286102.523.72$220,030
Jun 20132,9576,15394.403.93$303,343
May 20132,2875,78094.834.15$240,858
Apr 201359167893.964.28$58,434

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                   17 bbl  × $106.41 =     $1,809
Casinghead gas     3,389 Mcf  × $  3.05 =    $10,322

────────────────────────────────────────────────────
Month total                                  $12,131

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/9053 is the state's own key, not one this site invented.