STILES 16
STILES 16 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 2,161,596 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $444K, with roughly $77K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,742 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 8,338 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about STILES 16
- Who operates STILES 16?
- STILES 16 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is STILES 16?
- STILES 16 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 232881.
- Is STILES 16 still producing?
- STILES 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STILES 16 is August 2026.
- How much has STILES 16 produced?
- STILES 16 has reported 2,161,596 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is STILES 16 worth?
- The remaining production from STILES 16 is estimated to be worth about $444K in total as of 27 August 2026, within a range of $369K to $520K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STILES 16 is a fraction of it. The estimate fits an Arps decline curve to the production STILES 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STILES 16 is an estimate of value, not an offer and not an appraisal.
- How much income does STILES 16 generate in a year?
- STILES 16 is forecast to net about $77K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STILES 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Stiles Ranch (Atoka) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 232881 |
| Wellbores | 1 |
| Reported production | 2,161,596 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $444K |
Where STILES 16 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.