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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

214,280mcf gas, last 12 months−13% vs prior year
Operator
Formentera Operations LLC
County
Wheeler County
Field
Stiles Ranch (Granite Wash Cons)
RRC lease
10-260348

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Oil, last 12 months
2,788 bbl
Gas in Jul 2026
17,196 mcf

Production by month

Gas output fell 13% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 214,280 mcf in the 12 months through Jul 2026, against 246,222 mcf in the 12 months before.Last 12 months: 214,280 mcfmcf per monthbbl per month0010k20020k40030k60040k800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 214,280 mcf in the 12 months through Jul 2026, against 246,222 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k20020k40030k60040k800Jan 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% · 174,964 mcf

  • Lease fuel (1)

    18% · 39,316 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
42-483-815191668SLActive

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, 2014Nov 19, 2025
Enable Gas Gathering, LLCGas-well gasGathers100Jan 1, 2015Oct 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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Stiles 68
API numberWell no.Acreson the permit
42-483-815191668SL–

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

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Estimate your royalty

36 months, newest first

Ledger for STILES 68
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations17634917,19613,8630$80.46$2.89
Jun 2026Formentera Operations1918517,21613,9270$84.81$3.15
May 2026Formentera Operations17810616,87513,6310$102.13$2.94
Apr 2026Formentera Operations24632317,46614,2020$100.32$2.77
Mar 2026Formentera Operations25119718,24814,9350$91.38$3.04
Feb 2026Formentera Operations23529517,39114,3130$64.51$3.62
Jan 2026Formentera Operations23049916,39213,4070$60.04$7.72
Dec 2025Formentera Operations24211318,30014,9880$57.97$4.26
Nov 2025Formentera Operations25512918,04414,7110$60.06$3.79
Oct 2025Formentera Operations29533218,82415,3850$60.89$3.19
Sep 2025Formentera Operations25433218,48315,1430$63.96$2.97
Aug 2025Formentera Operations23515619,84516,4590$64.86$2.91
Jul 2025Formentera Operations30429919,75415,7380$68.39$3.20
Jun 2025Formentera Operations26525419,44615,3270$68.17$3.02
May 2025Formentera Operations39341319,91616,4150$62.17$3.12
Apr 2025Formentera Operations33439219,25615,8420$63.54$3.42
Mar 2025Formentera Operations34126620,14116,6690$68.24$4.12
Feb 2025Formentera Operations25721018,41515,0990$71.53$4.19
Jan 2025Formentera Operations28730820,17816,4980$75.74$4.13
Dec 2024Formentera Operations29945821,28417,5980$70.12$3.01
Nov 2024Formentera Operations36721320,91817,0170$69.95$2.12
Oct 2024Formentera Operations44644422,07318,0980$71.99$2.20
Sep 2024Formentera Operations33836321,68117,9380$70.24$2.28
Aug 2024Formentera Operations35838823,16019,2950$76.68$1.99
Jul 2024Formentera Operations39838423,59819,6030$81.80$2.07
Jun 2024Formentera Operations31749521,45717,4140$79.77$2.54
May 2024Formentera Operations51639023,00818,8550$80.02$2.12
Apr 2024Formentera Operations46552823,11419,0460$85.35$1.60
Mar 2024Formentera Operations39433224,22119,9850$81.28$1.49
Feb 2024Formentera Operations42543323,46319,4020$77.25$1.72
Jan 2024Formentera Operations29637423,43019,1470$74.15$3.18
Dec 2023Formentera Operations40917824,75220,4330$71.90$2.52
Nov 2023Formentera Operations41643324,51220,2590$77.69$2.71
Oct 2023Formentera Operations53187125,49421,1840$85.64$2.98
Sep 2023Formentera Operations44532024,24520,3370$89.43$2.64
Aug 2023Formentera Operations35019126,25821,7660$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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