STILES 68
STILES 68 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 May 2013 to August 2026, totalling 3,498,174 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 $2.7M, with roughly $476K 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 12,133 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 20,316 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 68
- Who operates STILES 68?
- STILES 68 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is STILES 68?
- STILES 68 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 269698.
- Is STILES 68 still producing?
- STILES 68 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STILES 68 is August 2026.
- How much has STILES 68 produced?
- STILES 68 has reported 3,498,174 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is STILES 68 worth?
- The remaining production from STILES 68 is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.2M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STILES 68 is a fraction of it. The estimate fits an Arps decline curve to the production STILES 68 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STILES 68 is an estimate of value, not an offer and not an appraisal.
- How much income does STILES 68 generate in a year?
- STILES 68 is forecast to net about $476K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STILES 68 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Stiles Ranch (Granite Wash Cons) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 269698 |
| Wellbores | 1 |
| Reported production | 3,498,174 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where STILES 68 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.