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STILES 3

Stiles 3 is an oil lease in Wheeler County, Texas, operated by Formentera Operations LLC in the Mills Ranch (Granite Wash Cons.) field.

6 wells

4,002bbl oil, last 12 months−6% vs prior year
Operator
Formentera Operations LLC
County
Wheeler County
Field
Mills Ranch (Granite Wash Cons.)
RRC lease
10-08776

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Gas, last 12 months
132,908 mcf
Oil in Jul 2026
308 bbl

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for STILES 3, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 4,002 bbl in the 12 months through Jul 2026, against 4,252 bbl in the 12 months before.Last 12 months: 4,002 bblbbl per monthmcf per month002005,00040010k60015k80020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for STILES 3, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 4,002 bbl in the 12 months through Jul 2026, against 4,252 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005,00040010k60015k80020kJan 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 3 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 3 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% · 108,359 mcf

  • Lease fuel (1)

    18% · 24,549 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.

6 wells on this lease

Wells on STILES 3
API numberWell no.Status
42-483-335002203HActive
42-483-336522303HActive
42-483-336532403HActive
42-483-336722503HActive
42-483-336902903HActive
42-483-338623103HActive

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.OilGathers100Jan 1, 2015Nov 19, 2025
Enable Gas Gathering, LLCCasinghead gasGathers100Feb 1, 2014Oct 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

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Permits for Stiles 3
API numberWell no.Acreson the permit
42-483-338623103H640
42-483-336902903H640
42-483-336722503H640
42-483-336522303H640
42-483-336532403H640
42-483-335002203H640

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STILES 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations30851510,5178,4790$80.46$2.89
Jun 2026Formentera Operations22113010,5768,5590$84.81$3.15
May 2026Formentera Operations38034910,8828,7910$102.13$2.94
Apr 2026Formentera Operations32135610,7668,7540$100.32$2.77
Mar 2026Formentera Operations27019210,9628,9700$91.38$3.04
Feb 2026Formentera Operations37945310,8278,8960$64.51$3.62
Jan 2026Formentera Operations29148210,6218,5280$60.04$7.72
Dec 2025Formentera Operations44743911,8029,6670$57.97$4.26
Nov 2025Formentera Operations33220910,9688,9430$60.06$3.79
Oct 2025Formentera Operations38422812,0029,8110$60.89$3.19
Sep 2025Formentera Operations22328010,4148,5350$63.96$2.97
Aug 2025Formentera Operations44618612,57110,4260$64.86$2.91
Jul 2025Formentera Operations32933012,70710,0920$68.39$3.20
Jun 2025Formentera Operations2625489,7817,7160$68.17$3.02
May 2025Formentera Operations47772210,4618,6240$62.17$3.12
Apr 2025Formentera Operations30123111,0929,1270$63.54$3.42
Mar 2025Formentera Operations27431612,20110,0960$68.24$4.12
Feb 2025Formentera Operations2091647,7966,4080$71.53$4.19
Jan 2025Formentera Operations3392999,4327,7000$75.74$4.13
Dec 2024Formentera Operations43441111,4949,5010$70.12$3.01
Nov 2024Formentera Operations49965211,7179,5330$69.95$2.12
Oct 2024Formentera Operations40438211,7689,6430$71.99$2.20
Sep 2024Formentera Operations2941429,8738,1670$70.24$2.28
Aug 2024Formentera Operations43041412,27810,2290$76.68$1.99
Jul 2024Formentera Operations44752512,32410,2400$81.80$2.07
Jun 2024Formentera Operations49851711,7119,5030$79.77$2.54
May 2024Formentera Operations58241512,1149,9300$80.02$2.12
Apr 2024Formentera Operations6071,02511,9139,8170$85.35$1.60
Mar 2024Formentera Operations57664113,03210,7530$81.28$1.49
Feb 2024Formentera Operations63947011,3879,4200$77.25$1.72
Jan 2024Formentera Operations2862759,3817,5700$74.15$3.18
Dec 2023Formentera Operations54030812,33110,1800$71.90$2.52
Nov 2023Formentera Operations49928312,38710,2390$77.69$2.71
Oct 2023Formentera Operations55486613,48811,2090$85.64$2.98
Sep 2023Formentera Operations49074113,52711,3330$89.43$2.64
Aug 2023Formentera Operations50238814,46611,9910$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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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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