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Producing

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

19,791mcf gas, last 12 months−14% vs prior year
Operator
Formentera Operations LLC
County
Wheeler County
Field
Stiles Ranch (Granite Wash Cons)
RRC lease
10-233496

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Oil, last 12 months
423 bbl
Gas in Jul 2026
1,789 mcf

Production by month

Gas output fell 14% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 14% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 14% over the last 12 months. 19,791 mcf in the 12 months through Jul 2026, against 22,939 mcf in the 12 months before.Last 12 months: 19,791 mcfmcf per monthbbl per month00500201,000401,500602,000802,500100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 14% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 14% over the last 12 months. 19,791 mcf in the 12 months through Jul 2026, against 22,939 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500201,000401,500602,000802,500100Jan 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 68 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 68 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% · 16,271 mcf

  • Lease fuel (1)

    18% · 3,520 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
42-483-323811168Active

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.CondensateGathers100Jan 1, 2015Nov 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).

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
42-483-323811168640

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 Operations3831,7891,4510$80.46$2.89
Jun 2026Formentera Operations2961,6711,3600$84.81$3.15
May 2026Formentera Operations3761,4141,1500$102.13$2.94
Apr 2026Formentera Operations321141,6761,3830$100.32$2.77
Mar 2026Formentera Operations3381,4911,2260$91.38$3.04
Feb 2026Formentera Operations3271,1099180$64.51$3.62
Jan 2026Formentera Operations47991,6371,3520$60.04$7.72
Dec 2025Formentera Operations21101,6941,3960$57.97$4.26
Nov 2025Formentera Operations3371,6071,3190$60.06$3.79
Oct 2025Formentera Operations42141,7721,4580$60.89$3.19
Sep 2025Formentera Operations471342,0151,6620$63.96$2.97
Aug 2025Formentera Operations3291,9161,5960$64.86$2.91
Jul 2025Formentera Operations43101,9561,5290$68.39$3.20
Jun 2025Formentera Operations28121,9201,5150$68.17$3.02
May 2025Formentera Operations641901,9061,5820$62.17$3.12
Apr 2025Formentera Operations34141,7931,4830$63.54$3.42
Mar 2025Formentera Operations4891,9151,5960$68.24$4.12
Feb 2025Formentera Operations29721,7061,4200$71.53$4.19
Jan 2025Formentera Operations34101,4581,1990$75.74$4.13
Dec 2024Formentera Operations44102,2581,8760$70.12$3.01
Nov 2024Formentera Operations47161,6991,3910$69.95$2.12
Oct 2024Formentera Operations30142,0441,6830$71.99$2.20
Sep 2024Formentera Operations321292,2001,8310$70.24$2.28
Aug 2024Formentera Operations3982,0841,7460$76.68$1.99
Jul 2024Formentera Operations49112,3942,0000$81.80$2.07
Jun 2024Formentera Operations4061,1709550$79.77$2.54
May 2024Formentera Operations44102,1141,7430$80.02$2.12
Apr 2024Formentera Operations431352,2191,8380$85.35$1.60
Mar 2024Formentera Operations41121,9041,5800$81.28$1.49
Feb 2024Formentera Operations16131,6751,3930$77.25$1.72
Jan 2024Formentera Operations5082,2781,8930$74.15$3.18
Dec 2023Formentera Operations541712,1051,7500$71.90$2.52
Nov 2023Formentera Operations43162,0931,7410$77.69$2.71
Oct 2023Formentera Operations44152,3401,9560$85.64$2.98
Sep 2023Formentera Operations46102,0861,7550$89.43$2.64
Aug 2023Formentera Operations4282,2871,9130$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 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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