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Texas gas well

Producing

STILES 16

Stiles 16 is a gas well in Wheeler County, Texas, operated by Formentera Operations LLC in the Stiles Ranch (Granite Wash Cons) field.

1 well

31,076mcf gas, last 12 months−17% vs prior year
RRC lease
10-221361

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Oil, last 12 months
382 bbl
Gas in Jul 2026
1,941 mcf

Production by month

Gas output fell 17% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 17% over the last 12 monthsMonthly gas production and oil for STILES 16, Aug 2023 to Jul 2026. Gas output fell 17% over the last 12 months. 31,076 mcf in the 12 months through Jul 2026, against 37,537 mcf in the 12 months before.Last 12 months: 31,076 mcfmcf per monthbbl per month001,000202,000403,000604,000805,000100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 17% over the last 12 monthsMonthly gas production and oil for STILES 16, Aug 2023 to Jul 2026. Gas output fell 17% over the last 12 months. 31,076 mcf in the 12 months through Jul 2026, against 37,537 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000202,000403,000604,000805,000100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

82% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
82% of the gas went to a transmission line in the last 12 monthsShare of STILES 16 gas by disposition code each month, Aug 2023 to Jul 2026. 82% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
82% of the gas went to a transmission line in the last 12 monthsShare of STILES 16 gas by disposition code each month, Aug 2023 to Jul 2026. 82% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    82% · 25,400 mcf

  • Lease fuel (1)

    18% · 5,676 mcf

Who has run this lease

The operator changed once, most recently in Jun 2021

Operators of this lease over timeTapstone Energy, LLC, Jan 2020 to May 2021; Formentera Operations LLC, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Tapstone Energy, LLCJan 2020 to May 2021Formentera Operations LLCJun 2021 to now
Operators of this lease over timeTapstone Energy, LLC, Jan 2020 to May 2021; Formentera Operations LLC, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Tapstone Energy, LLCJan 2020 to May 2021Formentera Operations LLCJun 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STILES 16
API numberWell no.Status
42-483-320542016Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers50Nov 19, 2025–
Plains Marketing, L.p.CondensateGathers50Nov 19, 2025–
Formentera Operations LLCGas-well gasBuys100Jul 1, 2021–
Energy Transfer CompanyGas-well gasGathers100Oct 1, 2023–
Plains Marketing, L.p.CondensateGathers100Aug 1, 2013Nov 19, 2025
Enable Gas Gathering, LLCGas-well gasGathers100Oct 9, 2013Oct 1, 2023
Tapstone Energy, LLCGas-well gasBuys100Jan 1, 2015Jul 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640 acres on the newest permit

Permits for Stiles 16
API numberWell no.Acreson the permit
42-483-320542016640

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for STILES 16
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations1641,9411,5620$80.46$2.89
Jun 2026Formentera Operations2172,1561,7440$84.81$3.15
May 2026Formentera Operations21991,9191,5510$102.13$2.94
Apr 2026Formentera Operations30162,5012,0350$100.32$2.77
Mar 2026Formentera Operations43912,8382,3240$91.38$3.04
Feb 2026Formentera Operations28102,3611,9420$64.51$3.62
Jan 2026Formentera Operations23142,1561,7650$60.04$7.72
Dec 2025Formentera Operations38162,6212,1460$57.97$4.26
Nov 2025Formentera Operations42182,6902,1930$60.06$3.79
Oct 2025Formentera Operations501242,9722,4290$60.89$3.19
Sep 2025Formentera Operations32183,2012,6230$63.96$2.97
Aug 2025Formentera Operations38173,7203,0860$64.86$2.91
Jul 2025Formentera Operations35183,4782,7680$68.39$3.20
Jun 2025Formentera Operations44192,9542,3240$68.17$3.02
May 2025Formentera Operations38253,2492,6770$62.17$3.12
Apr 2025Formentera Operations481763,1772,6140$63.54$3.42
Mar 2025Formentera Operations39133,0462,5210$68.24$4.12
Feb 2025Formentera Operations28132,3911,9690$71.53$4.19
Jan 2025Formentera Operations35163,1162,5440$75.74$4.13
Dec 2024Formentera Operations38152,9942,4740$70.12$3.01
Nov 2024Formentera Operations37233,1842,5890$69.95$2.12
Oct 2024Formentera Operations47213,1802,6060$71.99$2.20
Sep 2024Formentera Operations441143,2992,7290$70.24$2.28
Aug 2024Formentera Operations34143,4692,8890$76.68$1.99
Jul 2024Formentera Operations41183,5602,9570$81.80$2.07
Jun 2024Formentera Operations35102,7012,1890$79.77$2.54
May 2024Formentera Operations491473,5752,9280$80.02$2.12
Apr 2024Formentera Operations50224,0003,2960$85.35$1.60
Mar 2024Formentera Operations51244,3593,5960$81.28$1.49
Feb 2024Formentera Operations51244,0303,3320$77.25$1.72
Jan 2024Formentera Operations551563,4292,7970$74.15$3.18
Dec 2023Formentera Operations56264,2923,5430$71.90$2.52
Nov 2023Formentera Operations57344,2273,4930$77.69$2.71
Oct 2023Formentera Operations57314,5103,7470$85.64$2.98
Sep 2023Formentera Operations441044,3903,6770$89.43$2.64
Aug 2023Formentera Operations52164,7053,9030$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Formentera Operations LLC in Wheeler County

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Stiles Ranch (Granite Wash Cons) field

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