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Texas gas well

Producing

STILES 68

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

1 well

32,338mcf gas, last 12 months−10% vs prior year
Operator
Formentera Operations LLC
County
Wheeler County
Field
Mills Ranch (Granite Wash Cons.)
RRC lease
10-276557

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Oil, last 12 months
470 bbl
Gas in Jul 2026
2,628 mcf

Production by month

Gas output fell 10% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 10% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 32,338 mcf in the 12 months through Jul 2026, against 36,036 mcf in the 12 months before.Last 12 months: 32,338 mcfmcf per monthbbl per month001,000502,0001003,0001504,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 10% over the last 12 monthsMonthly gas production and oil for STILES 68, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 32,338 mcf in the 12 months through Jul 2026, against 36,036 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000502,0001003,0001504,000200Jan 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% · 26,421 mcf

  • Lease fuel (1)

    18% · 5,917 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
42-483-338543268HActive

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.CondensateGathers100Jul 22, 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

640 acres on the newest permit

Check your decimal on this lease
Permits for Stiles 68
API numberWell no.Acreson the permit
42-483-338543268H640

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 Operations23222,6282,1190$80.46$2.89
Jun 2026Formentera Operations18222,4722,0000$84.81$3.15
May 2026Formentera Operations23272,5352,0480$102.13$2.94
Apr 2026Formentera Operations37432,5322,0590$100.32$2.77
Mar 2026Formentera Operations48382,7702,2670$91.38$3.04
Feb 2026Formentera Operations47752,7122,2320$64.51$3.62
Jan 2026Formentera Operations52292,2961,8890$60.04$7.72
Dec 2025Formentera Operations53482,6872,2010$57.97$4.26
Nov 2025Formentera Operations29302,7852,2710$60.06$3.79
Oct 2025Formentera Operations41472,8912,3630$60.89$3.19
Sep 2025Formentera Operations41412,9022,3780$63.96$2.97
Aug 2025Formentera Operations58673,1282,5940$64.86$2.91
Jul 2025Formentera Operations47333,0842,4550$68.39$3.20
Jun 2025Formentera Operations58593,0262,3860$68.17$3.02
May 2025Formentera Operations63613,2472,6760$62.17$3.12
Apr 2025Formentera Operations64702,9592,4340$63.54$3.42
Mar 2025Formentera Operations66783,2682,7060$68.24$4.12
Feb 2025Formentera Operations61542,5022,0670$71.53$4.19
Jan 2025Formentera Operations901032,6822,1920$75.74$4.13
Dec 2024Formentera Operations1191072,8682,3710$70.12$3.01
Nov 2024Formentera Operations1401512,9592,4070$69.95$2.12
Oct 2024Formentera Operations1561542,9642,4300$71.99$2.20
Sep 2024Formentera Operations1651703,0822,5500$70.24$2.28
Aug 2024Formentera Operations1981973,3952,8260$76.68$1.99
Jul 2024Formentera Operations1571543,1462,6140$81.80$2.07
Jun 2024Formentera Operations1381322,9612,4030$79.77$2.54
May 2024Formentera Operations1341352,8802,3620$80.02$2.12
Apr 2024Formentera Operations1791823,0382,5030$85.35$1.60
Mar 2024Formentera Operations1861773,3922,7990$81.28$1.49
Feb 2024Formentera Operations1541743,2102,6550$77.25$1.72
Jan 2024Formentera Operations951012,9142,3600$74.15$3.18
Dec 2023Formentera Operations1981663,2252,6620$71.90$2.52
Nov 2023Formentera Operations1151233,3102,7360$77.69$2.71
Oct 2023Formentera Operations1912163,5092,9150$85.64$2.98
Sep 2023Formentera Operations1181033,2992,7580$89.43$2.64
Aug 2023Formentera Operations1451533,5812,9700$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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