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Texas oil lease

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STILES 17

Stiles 17 is an oil lease in Wheeler County, Texas, operated by Formentera Operations LLC in the Mills Ranch (Granite Wash Cons.) field.

4 wells

919bbl oil, last 12 months−34% vs prior year
Operator
Formentera Operations LLC
County
Wheeler County
Field
Mills Ranch (Granite Wash Cons.)
RRC lease
10-08972

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Gas, last 12 months
36,620 mcf
Oil in Jul 2026
57 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for STILES 17, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 919 bbl in the 12 months through Jul 2026, against 1,394 bbl in the 12 months before.Last 12 months: 919 bblbbl per monthmcf per month00502,0001004,0001506,0002008,00025010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for STILES 17, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 919 bbl in the 12 months through Jul 2026, against 1,394 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502,0001004,0001506,0002008,00025010kJan 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 17 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 17 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% · 29,917 mcf

  • Lease fuel (1)

    18% · 6,703 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.

4 wells on this lease

Wells on STILES 17
API numberWell no.Status
42-483-336441517HShut-in
42-483-336541617HActive
42-483-338211717HActive
42-483-338221817HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Nov 19, 2025–
Plains Marketing, L.p.OilGathers50Nov 19, 2025–
Formentera Operations LLCCasinghead gasBuys100Jul 1, 2021–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2023–
Plains Marketing, L.p.OilGathers100Jul 30, 2013Nov 19, 2025
Enable Gas Gathering, LLCCasinghead gasGathers100Jan 1, 2015Oct 1, 2023
Tapstone Energy, LLCCasinghead gasBuys100Jan 1, 2015Jul 1, 2021

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

Who buys my oilOil price check

640 acres on the newest permit

Permits for Stiles 17
API numberWell no.Acreson the permit
42-483-338211717H640
42-483-338221817H640
42-483-336541617H640
42-483-336441517H640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STILES 17
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations5763,2832,6460$80.46$2.89
Jun 2026Formentera Operations64852,9862,4160$84.81$3.15
May 2026Formentera Operations67132,7152,1930$102.13$2.94
Apr 2026Formentera Operations56162,7812,2610$100.32$2.77
Mar 2026Formentera Operations602712,7902,2830$91.38$3.04
Feb 2026Formentera Operations501702,6932,2140$64.51$3.62
Jan 2026Formentera Operations109193,2992,7190$60.04$7.72
Dec 2025Formentera Operations157173,0792,5220$57.97$4.26
Nov 2025Formentera Operations672322,9562,4100$60.06$3.79
Oct 2025Formentera Operations113263,3312,7240$60.89$3.19
Sep 2025Formentera Operations88183,3062,7090$63.96$2.97
Aug 2025Formentera Operations31163,4012,8200$64.86$2.91
Jul 2025Formentera Operations1661303,3712,6850$68.39$3.20
Jun 2025Formentera Operations811203,2572,5660$68.17$3.02
May 2025Formentera Operations1021833,4502,8440$62.17$3.12
Apr 2025Formentera Operations1571063,2852,7030$63.54$3.42
Mar 2025Formentera Operations1012023,5512,9400$68.24$4.12
Feb 2025Formentera Operations82153,1942,6410$71.53$4.19
Jan 2025Formentera Operations91183,2962,6900$75.74$4.13
Dec 2024Formentera Operations1282023,3722,7840$70.12$3.01
Nov 2024Formentera Operations81263,6352,9570$69.95$2.12
Oct 2024Formentera Operations1642633,9553,2420$71.99$2.20
Sep 2024Formentera Operations135223,9733,2870$70.24$2.28
Aug 2024Formentera Operations106163,9243,2660$76.68$1.99
Jul 2024Formentera Operations1281814,3333,6000$81.80$2.07
Jun 2024Formentera Operations1273554,1223,3440$79.77$2.54
May 2024Formentera Operations123224,3743,5850$80.02$2.12
Apr 2024Formentera Operations135275,1714,2640$85.35$1.60
Mar 2024Formentera Operations952043,5332,9150$81.28$1.49
Feb 2024Formentera Operations2222063,6813,0440$77.25$1.72
Jan 2024Formentera Operations43913,4392,8080$74.15$3.18
Dec 2023Formentera Operations72243,9273,2420$71.90$2.52
Nov 2023Formentera Operations117313,9223,2420$77.69$2.71
Oct 2023Formentera Operations1393834,0073,3300$85.64$2.98
Sep 2023Formentera Operations128184,0873,4220$89.43$2.64
Aug 2023Formentera Operations1131974,3683,6210$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorFormentera Operations LLCFieldMills Ranch (Granite Wash Cons.)CountyWheeler County

Formentera Operations LLC in Wheeler County

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Mills Ranch (Granite Wash Cons.) field

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