STILES
STILES is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Plains Exploration & Prod. Co. It has 2 wellbores on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 145,807 barrels. The lease is intermittent. 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 $196K, with roughly $32K 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 50 barrels a month, about 25 per wellbore. Its strongest month on the record we hold was September 2017, at 484 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates STILES?
- STILES is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is STILES?
- STILES is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08473.
- Is STILES still producing?
- STILES is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STILES is August 2026.
- How much has STILES produced?
- STILES has reported 145,807 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 2 wellbores.
- How much is STILES worth?
- The remaining production from STILES is estimated to be worth about $196K in total as of 26 August 2026, within a range of $108K to $285K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STILES is a fraction of it. The estimate fits an Arps decline curve to the production STILES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STILES is an estimate of value, not an offer and not an appraisal.
- How much income does STILES generate in a year?
- STILES is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STILES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Exploration & Prod. Co. |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 08473 |
| Wellbores | 2 |
| Reported production | 145,807 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $196K |
Where STILES 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.