STILES 18B

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 9235District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$5.2 M
Sep 2014 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
141
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
OilDisposition72,640 bbl$3,826,657
Casinghead gasProduction425,733 Mcf$1,371,243
Total$5,197,900

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, -100.0450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47301, -100.04502 · 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
10,660 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 10,660 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-483338442018H10,660 ftSep 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 (141)

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

141 months

May 2026971,259106.413.05$14,156
Apr 2026461,11498.932.87$7,748
Mar 202614799589.753.15$16,327
Feb 20262295963.503.75$4,994
Jan 20261494759.138.00$8,402
Dec 2025141,02556.664.41$5,317
Nov 20251198058.593.93$4,492
Oct 2025401,02759.383.30$5,769
Sep 20251671,02562.743.08$13,631
Aug 2025561,11563.933.01$6,942
Jul 2025381,56866.743.32$7,734
Jun 2025531,50966.483.13$8,245
May 2025491,52960.553.23$7,909
Apr 2025922,16962.363.54$13,422
Mar 20251001,43267.704.27$12,882
Feb 2025301,68070.884.34$9,419
Jan 2025401,57474.324.28$9,707
Dec 2024401,56568.993.12$7,645
Nov 2024601,55569.052.20$7,562
Oct 2024391,56371.372.28$6,349
Sep 2024121,39069.612.36$4,122
Aug 2024231,42375.632.06$4,676
Jul 2024141,51879.932.15$4,378
Jun 2024521,37478.082.63$7,679
May 2024731,42078.812.20$8,875
Apr 2024521,47784.451.66$6,842
Mar 2024381,41380.301.55$5,235
Feb 2024851,26376.091.78$8,720
Jan 2024861,92073.023.30$12,611
Dec 2023651,79971.262.61$9,329
Nov 2023201,88277.892.81$6,842
Oct 20231941,87085.443.09$22,349
Sep 2023501,92589.042.74$9,717
Aug 202382,29480.522.67$6,776
Jul 20231902,40674.852.64$20,578
Jun 2023102,19768.962.26$5,651
May 20233652,44070.622.23$31,211
Apr 202371,87778.122.24$4,747
Mar 202381,90672.852.39$5,144
Feb 20231921,80275.112.47$18,864
Jan 2023142,56076.533.39$9,744
Dec 2022102,27576.415.73$13,798
Nov 20221911,95985.005.65$27,296
Oct 202261,89587.185.86$11,635
Sep 202292,16284.888.16$18,414
Aug 20221912,44994.529.13$40,406
Jul 20221942,003101.587.54$34,813
Jun 202272,213115.097.98$18,459
May 202282,161109.378.43$19,099
Apr 20221802,253104.226.84$34,165
Mar 202282,300108.885.08$12,547
Feb 20221992,27991.054.86$29,192
Jan 20221942,59581.844.54$27,652
Dec 20212012,52771.323.90$24,188
Nov 2021142,63177.435.24$14,862
Oct 20212013,08379.795.71$33,654
Sep 2021113,05469.865.35$17,110
Aug 2021113,00866.024.22$13,422
Jul 20211983,13870.783.98$26,510
Jun 2021112,93669.493.38$10,690
May 20211982,98163.483.02$21,565
Apr 20211952,82560.362.76$19,563
Mar 20211973,08761.302.72$20,463
Feb 202192,43157.805.55$14,007
Jan 20211992,74350.412.81$17,740
Dec 20202052,48844.642.68$15,808
Nov 20202212,61238.772.71$15,638
Oct 2020392,72236.972.48$8,188
Sep 20202222,62437.091.99$13,458
Aug 20202032,63539.982.39$14,401
Jul 20202042,71838.371.83$12,788
Jun 2020282,79134.901.69$5,695
May 20202152,88216.921.81$8,868
Apr 20202142,71814.751.80$8,061
Mar 20202132,60730.341.86$11,302
Feb 20202212,52349.881.98$16,021
Jan 20202142,85257.252.09$18,226
Dec 20192242,87659.012.30$19,846
Nov 20192172,72955.302.75$19,507
Oct 20192112,84053.472.42$18,151
Sep 20193902,87855.052.66$29,117
Aug 20191983,13553.112.30$17,740
Jul 20191973,06456.272.46$18,623
Jun 20192013,19552.782.49$18,568
May 20191902,94758.482.74$19,187
Apr 20193782,93862.632.75$31,756
Mar 20192002,73256.803.06$19,726
Feb 20193772,80450.852.79$27,000
Jan 20191953,10246.033.23$18,990
Dec 20182033,11846.594.19$22,508
Nov 20183892,91752.934.24$32,950
Oct 20181963,36561.443.40$23,477
Sep 20181993,61459.543.11$23,081
Aug 20183723,91959.403.07$34,115
Jul 20183663,99365.142.93$35,548
Jun 20181904,21260.183.08$24,394
May 20185494,70265.382.90$49,533
Apr 20183913,86163.842.90$36,161
Mar 20183834,09661.222.79$34,862
Feb 20183843,79461.782.77$34,218
Jan 20183924,27962.874.01$41,801
Dec 20175804,49057.272.92$46,334
Nov 20173744,06155.423.12$33,391
Oct 20175763,96349.292.98$40,215
Sep 20175603,92047.523.09$38,713
Aug 20177664,33845.373.00$47,787
Jul 20173713,08243.873.09$25,791
Jun 20173793,01642.493.09$25,415
May 20175673,14945.373.26$36,001
Apr 20175643,16747.933.21$37,204
Mar 20177673,22646.772.98$45,498
Feb 20173963,34650.452.95$29,858
Jan 20179373,50149.413.42$58,266
Dec 20163933,41648.763.72$31,880
Nov 20167423,42042.492.64$40,571
Oct 20167513,70546.193.09$46,138
Sep 20167413,97841.553.10$43,123
Aug 20161,0944,22441.442.92$57,688
Jul 20169084,51141.622.92$50,983
Jun 20168924,34945.352.69$52,133
May 20167384,35142.521.99$40,043
Apr 20161,1304,27136.561.99$49,817
Mar 20161,5144,35533.011.79$57,790
Feb 20167813,83826.472.06$28,593
Jan 20161,4954,45627.352.36$51,424
Dec 20151,3184,84832.362.00$52,353
Nov 20151,1474,32638.792.17$53,868
Oct 20151,5394,31043.552.43$77,482
Sep 20151,6544,43742.992.76$83,345
Aug 20151,6554,81440.162.87$80,293
Jul 20151,6554,82648.152.95$93,901
Jun 20152,0114,99356.152.88$127,312
May 20152,0615,57955.212.96$130,276
Apr 20152,3745,33649.822.71$132,715
Mar 20153,0135,85142.892.93$146,399
Feb 20152,7946,12644.662.98$143,012
Jan 20153,5248,42143.433.10$179,158
Dec 20144,67311,18054.693.59$295,718
Nov 20145,19211,19270.464.25$413,415
Oct 20145,4688,34578.303.90$460,698
Sep 20140086.164.05$0

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                   97 bbl  × $106.41 =    $10,322
Casinghead gas     1,259 Mcf  × $  3.05 =     $3,835

────────────────────────────────────────────────────
Month total                                  $14,156

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/9235 is the state's own key, not one this site invented.