STILES 4
STILES 4 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 January 2008 to August 2026, totalling 1,472,879 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 $299K, with roughly $61K 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 1,651 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,449 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 4
- Who operates STILES 4?
- STILES 4 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is STILES 4?
- STILES 4 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 234569.
- Is STILES 4 still producing?
- STILES 4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STILES 4 is August 2026.
- How much has STILES 4 produced?
- STILES 4 has reported 1,472,879 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is STILES 4 worth?
- The remaining production from STILES 4 is estimated to be worth about $299K in total as of 26 August 2026, within a range of $248K to $350K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STILES 4 is a fraction of it. The estimate fits an Arps decline curve to the production STILES 4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STILES 4 is an estimate of value, not an offer and not an appraisal.
- How much income does STILES 4 generate in a year?
- STILES 4 is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STILES 4 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 | 234569 |
| Wellbores | 1 |
| Reported production | 1,472,879 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $299K |
Where STILES 4 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.