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STILES 68

Stiles 68 is a gas well in Wheeler County, Texas, operated by Formentera Operations LLC in the Stiles Ranch (Granite Wash Cons) field.

1 well

14,788mcf gas, last 12 months−9% vs prior year
Operator
Formentera Operations LLC
County
Wheeler County
Field
Stiles Ranch (Granite Wash Cons)
RRC lease
10-204972

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Oil, last 12 months
77 bbl
Gas in Jul 2026
1,233 mcf

Production by month

Gas output fell 9% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 14,788 mcf in the 12 months through Jul 2026, against 16,298 mcf in the 12 months before.Last 12 months: 14,788 mcfmcf per monthbbl per month0050051,000101,500152,000202,50025Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 14,788 mcf in the 12 months through Jul 2026, against 16,298 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050051,000101,500152,000202,50025Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
81% of the gas went to a transmission line in the last 12 monthsShare of STILES 68 gas by disposition code each month, Aug 2023 to Jul 2026. 81% 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
81% of the gas went to a transmission line in the last 12 monthsShare of STILES 68 gas by disposition code each month, Aug 2023 to Jul 2026. 81% 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)

    81% · 12,042 mcf

  • Lease fuel (1)

    19% · 2,746 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 68
API numberWell no.Status
42-483-316599068Active

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.CondensateGathers100Sep 1, 2013Nov 19, 2025
Enable Gas Gathering, LLCGas-well gasGathers100Oct 9, 2014Oct 1, 2023
Tapstone Energy, LLCGas-well 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

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Stiles 68
API numberWell no.Acreson the permit
42-483-316599068640

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STILES 68
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations221,2339940$80.46$2.89
Jun 2026Formentera Operations341,1459260$84.81$3.15
May 2026Formentera Operations661,2079750$102.13$2.94
Apr 2026Formentera Operations771,2741,0360$100.32$2.77
Mar 2026Formentera Operations761,1059040$91.38$3.04
Feb 2026Formentera Operations661,2301,0120$64.51$3.62
Jan 2026Formentera Operations781,4101,1230$60.04$7.72
Dec 2025Formentera Operations661,0728780$57.97$4.26
Nov 2025Formentera Operations881,1399290$60.06$3.79
Oct 2025Formentera Operations10101,3661,1160$60.89$3.19
Sep 2025Formentera Operations881,3351,0940$63.96$2.97
Aug 2025Formentera Operations761,2721,0550$64.86$2.91
Jul 2025Formentera Operations771,4021,1090$68.39$3.20
Jun 2025Formentera Operations771,0828540$68.17$3.02
May 2025Formentera Operations9101,2301,0140$62.17$3.12
Apr 2025Formentera Operations10101,3541,1140$63.54$3.42
Mar 2025Formentera Operations871,7861,4800$68.24$4.12
Feb 2025Formentera Operations447936560$71.53$4.19
Jan 2025Formentera Operations671,2259950$75.74$4.13
Dec 2024Formentera Operations871,4641,2130$70.12$3.01
Nov 2024Formentera Operations16131,6811,3670$69.95$2.12
Oct 2024Formentera Operations14101,5681,2830$71.99$2.20
Sep 2024Formentera Operations771,1969890$70.24$2.28
Aug 2024Formentera Operations671,5171,2650$76.68$1.99
Jul 2024Formentera Operations10101,7911,4880$81.80$2.07
Jun 2024Formentera Operations1161,7411,4130$79.77$2.54
May 2024Formentera Operations891,7621,4440$80.02$2.12
Apr 2024Formentera Operations15101,8181,4980$85.35$1.60
Mar 2024Formentera Operations12101,8631,5370$81.28$1.49
Feb 2024Formentera Operations15182,3701,9610$77.25$1.72
Jan 2024Formentera Operations1372,1671,7930$74.15$3.18
Dec 2023Formentera Operations17132,1561,7800$71.90$2.52
Nov 2023Formentera Operations15751,9041,5740$77.69$2.71
Oct 2023Formentera Operations14101,5531,2900$85.64$2.98
Sep 2023Formentera Operations661,3901,1690$89.43$2.64
Aug 2023Formentera Operations851,4981,2420$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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Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldStiles Ranch (Granite Wash Cons)CountyWheeler County

Formentera Operations LLC in Wheeler County

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Stiles Ranch (Granite Wash Cons) field

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