FASKEN STATE 1612

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278735District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$39.0 M
Mar 2015 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
135
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition1 bbl$53
GasProduction12,542,469 Mcf$38,969,464
Total$38,969,518

Every month this lease reported (135)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

135 months

May 2026039,709106.413.05$120,947
Apr 2026040,76798.932.87$116,990
Mar 2026042,87389.753.15$135,026
Feb 2026042,77963.503.75$160,435
Jan 2026031,50459.138.00$251,966
Dec 2025035,35156.664.41$156,017
Nov 2025040,40358.593.93$158,640
Oct 2025039,56859.383.30$130,766
Sep 2025040,24862.743.08$123,840
Aug 2025051,56663.933.01$155,459
Jul 2025054,39366.743.32$180,324
Jun 2025046,71466.483.13$146,155
May 2025047,29360.553.23$152,866
Apr 2025036,46162.363.54$129,186
Mar 2025050,53767.704.27$215,708
Feb 2025045,24870.884.34$196,414
Jan 2025046,48174.324.28$198,877
Dec 2024013,99668.993.12$43,687
Nov 2024046,34469.052.20$101,885
Oct 2024050,67571.372.28$115,610
Sep 20240069.612.36$0
Aug 202404,24775.632.06$8,764
Jul 2024030,40179.932.15$65,258
Jun 2024024,52778.082.63$64,604
May 2024025,20978.812.20$55,420
Apr 2024017,75884.451.66$29,464
Mar 2024048,05780.301.55$74,254
Feb 2024045,45176.091.78$81,068
Jan 2024049,08973.023.30$161,879
Dec 2023049,57871.262.61$129,434
Nov 2023051,19377.892.81$143,727
Oct 2023053,13385.443.09$164,036
Sep 2023051,57889.042.74$141,068
Aug 2023055,21380.522.67$147,578
Jul 2023053,93974.852.64$142,496
Jun 2023051,39968.962.26$116,084
May 2023056,33170.622.23$125,472
Apr 2023055,34978.122.24$123,858
Mar 2023054,45672.852.39$130,322
Feb 2023050,86275.112.47$125,409
Jan 2023057,58476.533.39$195,078
Dec 2022058,88676.415.73$337,363
Nov 2022058,19285.005.65$328,564
Oct 2022060,42087.185.86$354,288
Sep 2022061,41684.888.16$501,381
Aug 2022059,41594.529.13$542,290
Jul 2022063,796101.587.54$481,155
Jun 2022061,903115.097.98$493,813
May 2022065,559109.378.43$552,862
Apr 2022064,620104.226.84$441,846
Mar 2022065,935108.885.08$334,712
Feb 2022058,11491.054.86$282,367
Jan 2022069,43581.844.54$315,074
Dec 2021067,51571.323.90$263,249
Nov 2021061,11977.435.24$320,071
Oct 2021062,58979.795.71$357,625
Sep 2021071,35069.865.35$381,788
Aug 2021074,72566.024.22$315,384
Jul 2021075,04570.783.98$298,835
Jun 2021067,84969.493.38$229,372
May 2021075,48863.483.02$227,798
Apr 2021069,89660.362.76$192,803
Mar 2021073,35361.302.72$199,296
Feb 2021066,32057.805.55$367,940
Jan 2021076,30550.412.81$214,438
Dec 2020075,64744.642.68$202,391
Nov 2020073,88538.772.71$199,975
Oct 2020082,65436.972.48$204,852
Sep 2020082,08637.091.99$163,437
Aug 2020087,78939.982.39$209,386
Jul 2020086,76438.371.83$158,355
Jun 2020085,05834.901.69$143,774
May 2020092,39916.921.81$167,681
Apr 2020088,19014.751.80$159,128
Mar 2020092,96730.341.86$172,568
Feb 2020087,41649.881.98$173,142
Jan 2020093,12457.252.09$195,071
Dec 2019093,66059.012.30$215,826
Nov 2019096,98255.302.75$266,768
Oct 2019199,82553.472.42$241,484
Sep 2019099,97155.052.66$265,651
Aug 20190105,13053.112.30$242,257
Jul 20190102,23156.272.46$251,494
Jun 20190102,43852.782.49$255,194
May 20190108,20058.482.74$296,503
Apr 20190107,99362.632.75$297,056
Mar 20190116,03356.803.06$355,305
Feb 20190101,27650.852.79$282,785
Jan 20190109,36446.033.23$353,047
Dec 20180122,88146.594.19$514,311
Nov 20180118,25852.934.24$501,088
Oct 20180116,79061.443.40$396,862
Sep 20180116,34559.543.11$361,600
Aug 20180129,21559.403.07$396,246
Jul 20180135,49365.142.93$397,249
Jun 20180124,50460.183.08$383,089
May 20180120,95265.382.90$350,858
Apr 20180119,69063.842.90$347,197
Mar 20180125,75161.222.79$350,448
Feb 20180114,32461.782.77$316,234
Jan 20180133,94562.874.01$537,028
Dec 20170137,27957.272.92$401,063
Nov 20170144,13855.423.12$449,474
Oct 20170158,31049.292.98$472,346
Sep 20170146,21647.523.09$451,410
Aug 20170148,76245.373.00$446,941
Jul 20170157,45843.873.09$486,117
Jun 20170163,84542.493.09$505,835
May 2017046,33245.373.26$151,200
Apr 20170136,78647.933.21$439,302
Mar 20170139,61846.772.98$416,575
Feb 20170127,99050.452.95$377,903
Jan 20170142,01649.413.42$485,524
Dec 20160143,80948.763.72$535,376
Nov 20160145,22342.492.64$384,020
Oct 20160152,80946.193.09$472,220
Sep 20160147,71641.553.10$458,013
Aug 20160161,05141.442.92$470,968
Jul 20160171,91241.622.92$502,729
Jun 20160168,12545.352.69$451,555
May 20160181,48042.521.99$361,334
Apr 20160178,37136.561.99$355,144
Mar 20160185,06833.011.79$332,014
Feb 20160177,46326.472.06$366,218
Jan 20160195,38127.352.36$461,951
Dec 20150203,04432.362.00$406,374
Nov 20150127,02538.792.17$275,305
Oct 20150169,03943.552.43$410,187
Sep 20150202,41042.992.76$558,332
Aug 20150212,46640.162.87$610,306
Jul 20150218,33748.152.95$643,020
Jun 20150223,78356.152.88$645,135
May 20150222,44455.212.96$657,422
Apr 20150227,57449.822.71$615,945
Mar 2015012,45042.892.93$36,537

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas               39,709 Mcf  × $  3.05 =   $120,947

────────────────────────────────────────────────────
Month total                                 $120,947

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/278735 is the state's own key, not one this site invented.