STILES RANCH 5
STILES RANCH 5 is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 188,385 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $29K, with roughly $5K expected over the next twelve months.
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 09031 |
| Wellbores | 1 |
| Reported production | 188,385 bbl |
| First reported | January 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $29K |
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.