U-TEXAS #36991

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the MAGUTEX (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12014District 08Field 56822125Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$258 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 37 leases and 119 wells, and the rule below applies to all of them.

Discovered
1953-04-18
as the register files it
Field class
Oil
the register's own label
Between wells
1,220 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
OilDisposition258,057 bbl$10,351,185
Casinghead gasProduction147,442 Mcf$522,877
Total$10,874,062

40,022 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.3783, -102.3554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.37810, -102.35492 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
13,894 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
266.7%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 13,865 and 13,923 ft, median 13,894 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1991 – Jun 2021
2 of 3 wells; 1 filed none

3 wells

42-003078512Yes
42-003036013 U13,865 ftJun 2021
42-00303780113,923 ftApr 1991

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

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

401 months

May 2026272164106.413.05$29,443
Apr 202627618598.932.87$27,836
Mar 202625917889.753.15$23,806
Feb 202626316463.503.75$17,316
Jan 202626615459.138.00$16,960
Dec 202540917856.664.41$23,960
Nov 202530414558.593.93$18,381
Oct 20252274859.383.30$13,638
Sep 20253165762.743.08$20,001
Aug 20253027463.933.01$19,530
Jul 20253156266.743.32$21,229
Jun 202538818566.483.13$26,373
May 202536920060.553.23$22,989
Apr 202542015762.363.54$26,747
Mar 202538910867.704.27$26,796
Feb 202527423170.884.34$20,424
Jan 202539547274.324.28$31,376
Dec 202438260168.993.12$28,230
Nov 202431373569.052.20$23,229
Oct 202436115771.372.28$26,123
Sep 20242835769.612.36$19,834
Aug 202429916775.632.06$22,958
Jul 202448616779.932.15$39,204
Jun 202431619578.082.63$25,187
May 20242439078.812.20$19,349
Apr 202428312084.451.66$24,098
Mar 20242078580.301.55$16,753
Feb 20243227076.091.78$24,626
Jan 20242739173.023.30$20,235
Dec 202334516571.262.61$25,015
Nov 202326714577.892.81$21,204
Oct 202322713185.443.09$19,799
Sep 20232897489.042.74$25,935
Aug 202327711080.522.67$22,598
Jul 202332817874.852.64$25,021
Jun 202330619968.962.26$21,551
May 202330823870.622.23$22,281
Apr 202333322078.122.24$26,506
Mar 202339012972.852.39$28,720
Feb 202326911475.112.47$20,486
Jan 202330812176.533.39$23,981
Dec 202244219276.415.73$34,873
Nov 202230613485.005.65$26,767
Oct 202230814087.185.86$27,672
Sep 202221620384.888.16$19,991
Aug 202221114194.529.13$21,231
Jul 2022252150101.587.54$26,729
Jun 2022217199115.097.98$26,562
May 2022295271109.378.43$34,550
Apr 2022255260104.226.84$28,354
Mar 2022285221108.885.08$32,153
Feb 202226423691.054.86$25,184
Jan 202231631881.844.54$27,304
Dec 202127129771.323.90$20,486
Nov 202133041277.435.24$27,709
Oct 202128634079.795.71$24,763
Sep 202130436369.865.35$23,180
Aug 202116524066.024.22$11,906
Jul 202124241070.783.98$18,761
Jun 202121142469.493.38$16,096
May 20211548563.483.02$10,032
Apr 202155960.362.76$3,345
Mar 20211767861.302.72$11,001
Feb 20211114857.805.55$6,682
Jan 202125814550.412.81$13,413
Dec 202037316344.642.68$17,087
Nov 202016614238.772.71$6,820
Oct 202018618736.972.48$7,340
Sep 202017213737.091.99$6,652
Aug 2020826939.982.39$3,443
Jul 202016419138.371.83$6,641
Jun 20209513434.901.69$3,542
May 20209323216.921.81$1,995
Apr 202014319314.751.80$2,458
Mar 202012224630.341.86$4,158
Feb 20204614449.881.98$2,580
Jan 20204511357.252.09$2,813
Dec 20193611359.012.30$2,385
Nov 20194813355.302.75$3,020
Oct 2019307453.472.42$1,783
Sep 2019122555.052.66$727
Aug 2019589053.112.30$3,288
Jul 2019193356.272.46$1,150
Jun 20198419852.782.49$4,927
May 20198120758.482.74$5,304
Apr 20193411062.632.75$2,432
Mar 201971356.803.06$437
Feb 2019308550.852.79$1,763
Jan 2019407346.033.23$2,077
Dec 2018415746.594.19$2,149
Nov 2018131152.934.24$735
Oct 2018324861.443.40$2,129
Sep 201886759.543.11$685
Aug 2018488559.403.07$3,112
Jul 2018124365.142.93$908
Jun 20186516560.183.08$4,419
May 20186317965.382.90$4,638
Apr 20186917363.842.90$4,907
Mar 201810119561.222.79$6,727
Feb 201822518461.782.77$14,409
Jan 201833623262.874.01$22,054
Dec 201736825157.272.92$21,809
Nov 201730530455.423.12$17,851
Oct 201730926749.292.98$16,027
Sep 201722312447.523.09$10,980
Aug 201731119445.373.00$14,693
Jul 201725324343.873.09$11,849
Jun 201721230442.493.09$9,946
May 201728930345.373.26$14,101
Apr 2017904147.933.21$4,445
Mar 20171766246.772.98$8,417
Feb 201720622650.452.95$11,060
Jan 201716213249.413.42$8,456
Dec 201614215148.763.72$7,486
Nov 201614311142.492.64$6,370
Oct 201618914846.193.09$9,187
Sep 201621614841.553.10$9,434
Aug 201627923441.442.92$12,246
Jul 201624123041.622.92$10,703
Jun 201621419945.352.69$10,239
May 201614016242.521.99$6,275
Apr 201615623836.561.99$6,177
Mar 201620513233.011.79$7,004
Feb 201620214026.472.06$5,636
Jan 20162519527.352.36$7,089
Dec 2015699432.362.00$22,628
Nov 20154866638.792.17$18,995
Oct 20153375843.552.43$14,817
Sep 20155938842.992.76$25,736
Aug 201555221640.162.87$22,789
Jul 201517931648.152.95$9,550
Jun 201549015056.152.88$27,946
May 201550116755.212.96$28,154
Apr 201551428149.822.71$26,368
Mar 20151879942.892.93$8,311
Feb 201517016444.662.98$8,080
Jan 20151263243.433.10$5,571
Dec 2014581054.693.59$3,208
Nov 20141131070.464.25$8,005
Oct 201485312778.303.90$67,285
Sep 20147859286.164.05$68,008
Aug 20146552289.394.04$58,639
Jul 2014468896.564.18$45,224
Jun 2014185098.164.74$18,160
May 20143061894.734.73$29,072
Apr 20143136395.944.81$30,332
Mar 201421810295.895.06$21,420
Feb 201495797.406.19$9,296
Jan 20142272790.404.86$20,652
Dec 201326117491.824.35$24,723
Nov 20132179588.853.74$19,636
Oct 201312926797.423.78$13,576
Sep 2013124166104.113.72$13,527
Aug 2013281316104.253.52$30,407
Jul 2013258448102.523.72$28,116
Jun 20131907794.403.93$18,239
May 2013527194.834.15$5,226
Apr 201325212093.964.28$24,192
Mar 201322710493.623.91$21,659
Feb 201319691.233.42$1,754
Jan 201318913091.603.42$17,757
Dec 201229221786.773.42$26,079
Nov 201232126286.953.62$28,861
Oct 201240723989.383.40$37,190
Sep 201242424994.672.92$40,867
Aug 201258524892.662.91$54,927
Jul 201256318185.133.02$48,475
Jun 201250815279.822.52$40,931
May 201249226491.612.49$45,729
Apr 2012450253101.652.00$46,248
Mar 2012612274105.052.22$64,899
Feb 2012569274101.102.57$58,230
Jan 201241527098.092.73$41,446
Dec 201127222396.873.24$27,071
Nov 20113091695.723.31$29,630
Oct 201144825784.983.65$39,009
Sep 201172124283.623.99$61,255
Aug 20114815383.404.15$40,335
Jul 20115191794.144.52$48,935
Jun 20113563392.904.64$33,226
May 20113227698.134.40$31,933
Apr 2011383129105.964.33$41,142
Mar 20113959996.364.06$38,464
Feb 20113585385.644.18$30,881
Jan 20114019686.504.59$35,127
Dec 20103248285.734.35$28,133
Nov 201038010380.843.80$31,110
Oct 20102268978.103.51$17,963
Sep 20101285172.633.98$9,500
Aug 20104019673.684.42$29,970
Jul 20105103972.554.74$37,185
Jun 201043711470.364.91$31,307
May 201023110171.124.24$16,856
Apr 201032210881.694.12$26,749
Mar 201053415478.394.39$42,536
Feb 20105059873.585.44$37,691
Jan 20104468874.365.96$33,689
Dec 200963610471.445.48$46,006
Nov 200973823574.593.75$55,929
Oct 20097636872.544.11$55,628
Sep 200968128265.543.06$45,497
Aug 200953627167.423.22$37,009
Jul 200966227361.133.46$41,414
Jun 200960510366.163.90$40,428
May 200972433354.743.93$40,939
Apr 200956129546.773.59$27,296
Mar 200966711042.144.06$28,554
Feb 200936729032.814.63$13,385
Jan 200940945035.865.37$17,084
Dec 20084927137.105.98$18,678
Nov 200834611655.496.86$19,995
Oct 200863714775.246.92$48,945
Sep 200896748101.767.88$98,780
Aug 200894384114.228.48$108,422
Jul 2008777432131.0811.39$106,769
Jun 2008794294131.3313.03$108,108
May 20081,017564123.1711.57$131,792
Apr 2008690226110.3110.45$78,477
Mar 200896471101.909.66$98,918
Feb 20081,06143292.538.77$101,963
Jan 20081,15728390.388.21$106,892
Dec 200729824488.337.30$28,104
Nov 200748253191.677.29$48,057
Oct 200767537282.856.92$58,499
Sep 200770331575.846.24$55,282
Aug 200769353669.066.39$51,283
Jul 200752229670.906.39$38,901
Jun 200744026862.007.55$29,303
May 200743354058.747.85$29,671
Apr 200746929859.617.81$30,283
Mar 200779648156.927.30$48,821
Feb 200761636555.108.22$36,940
Jan 200765140250.306.73$35,449
Dec 200656944756.656.92$35,326
Nov 200625925454.207.62$15,973
Oct 200626622154.906.01$15,932
Sep 200637135760.085.04$24,088
Aug 200642553268.717.34$33,107
Jul 200685974869.376.34$64,333
Jun 200651147666.286.38$36,908
May 200677056366.016.42$54,445
Apr 200677055564.397.36$53,665
Mar 200689452156.707.08$54,380
Feb 200676433957.597.75$46,626
Jan 200674255260.598.93$49,889
Dec 200595455654.9413.42$59,872
Nov 200582454554.6910.59$50,835
Oct 200585264658.3413.80$58,618
Sep 200587764861.4512.08$61,719
Aug 200597071761.519.80$66,689
Jul 200594678355.697.84$58,824
Jun 200577865652.337.38$45,555
May 200588954345.226.65$43,812
Apr 20051,24748149.207.36$64,893
Mar 200571369950.377.15$40,915
Feb 200581575445.226.31$41,613
Jan 20051,17195743.166.32$56,591
Dec 20041,09869839.866.75$48,479
Nov 20049621,02045.286.33$50,016
Oct 20041,1841,20149.706.52$66,669
Sep 20049781,07943.245.28$47,990
Aug 20049221,34842.375.55$46,547
Jul 20041,0281,38038.286.08$47,748
Jun 20049251,20636.106.43$41,151
May 20041,0941,00037.486.49$47,498
Apr 20041,09666434.475.86$41,669
Mar 20041,18855534.365.53$43,889
Feb 20041,05635632.455.51$36,229
Jan 20041,1771,33632.036.30$46,116
Dec 20031,2021,29430.266.30$44,527
Nov 20031,15882328.804.60$37,132
Oct 20031,10272028.174.76$34,470
Sep 200397994326.314.75$30,236
Aug 20031,18892829.765.13$40,115
Jul 20031,03081929.415.17$34,527
Jun 200399480228.565.98$33,187
May 20031,05329926.595.97$29,785
Apr 20031,15025226.675.41$32,033
Mar 200394071331.146.10$33,618
Feb 20031,0611,14533.487.93$44,597
Jan 20031,0741,03630.315.58$38,336
Dec 20021,3421,30026.914.85$42,423
Nov 20021,06583724.664.14$29,726
Oct 20021,17486626.464.23$34,726
Sep 20021,20777827.443.64$35,948
Aug 20021,34979025.963.16$37,520
Jul 20021,33876924.583.06$35,243
Jun 20021,05973223.733.34$27,574
May 20021,27171724.663.58$33,913
Apr 20021,36055823.653.51$34,124
Mar 20021,40555522.003.10$32,632
Feb 20021,36927418.222.38$25,594
Jan 20021,27751517.172.38$23,150
Dec 20011,35260516.932.36$24,320
Nov 20011,43757218.072.41$27,343
Oct 20011,40671819.782.53$29,626
Sep 20011,27277524.262.25$32,603
Aug 20011,38680724.873.05$36,934
Jul 20011,22974723.933.20$31,798
Jun 20011,32381124.563.82$35,594
May 20011,36177525.524.31$38,071
Apr 20011,26859424.685.34$34,463
Mar 20011,45878924.545.38$40,021
Feb 20011,48646227.755.77$43,901
Jan 20011,69522527.478.40$48,451
Dec 20001,61144926.889.12$47,400
Nov 20001,66272632.215.66$57,641
Oct 200073638931.235.15$24,987
Sep 200068830131.875.19$23,488
Aug 200063114529.644.54$19,361
Jul 200070239028.534.09$21,623
Jun 200069935129.304.40$22,024
May 200068836727.263.68$20,105
Apr 200069836224.513.12$18,236
Mar 200071537328.422.86$21,387
Feb 200071334027.622.73$20,620
Jan 200076639525.272.48$20,337
Dec 199972836524.282.42$18,561
Nov 199971535623.192.43$17,447
Oct 199971340320.982.80$16,089
Sep 199969238821.752.62$16,067
Aug 199971542919.262.88$15,005
Jul 199977945417.892.37$15,013
Jun 199967542515.942.36$11,763
May 199975932015.792.32$12,727
Apr 19997464315.102.21$11,360
Mar 199976038412.471.84$10,183
Feb 19996713469.981.82$7,326
Jan 199975538810.381.90$8,574
Dec 19988073629.201.77$8,066
Nov 199874330010.892.19$8,747
Oct 199872326512.421.97$9,502
Sep 199871527512.592.08$9,575
Aug 199876037811.301.91$9,309
Jul 199876146211.742.24$9,968
Jun 199853234011.242.24$6,740
May 199875344912.622.21$10,494
Apr 199870937613.042.51$10,187
Mar 199877833912.802.31$10,741
Feb 199855821813.952.30$8,285
Jan 199866326214.702.15$10,311
Dec 19976998816.322.41$11,620
Nov 199745110318.193.09$8,522
Oct 19972493919.253.15$4,916
Sep 199792719517.742.95$17,021
Aug 19971,25221017.862.55$22,897
Jul 199798121817.582.25$17,736
Jun 199785911817.242.26$15,076
May 199781712018.972.31$15,776
Apr 199787016417.882.08$15,897
Mar 199790426318.951.94$17,641
Feb 19971,1637420.492.21$23,993
Jan 19971,47712423.483.54$35,119
Dec 199691711823.32$21,384
Nov 19961,70620721.97$37,481
Oct 19961,00923223.31$23,520
Sep 199688723622.22$19,709
Aug 19961,34473820.26$27,229
Jul 19961,30770419.55$25,552
Jun 19961,45158218.73$27,177
May 19961,34733619.43$26,172
Apr 19961,43355121.51$30,824
Mar 19961,43061119.38$27,713
Feb 19961,37689316.98$23,364
Jan 19961,475017.07$25,178
Dec 19951,25689217.19$21,591
Nov 19951,27349516.00$20,368
Oct 19951,22864515.43$18,948
Sep 19951,18574816.18$19,173
Aug 19951,30167715.92$20,712
Jul 19951,34570215.24$20,498
Jun 19951,26669016.41$20,775
May 19951,3041,30117.56$22,898
Apr 19951,39473517.73$24,716
Mar 19951,37868716.44$22,654
Feb 19951,27257916.58$21,090
Jan 19951,47264615.92$23,434
Dec 19941,36168515.03$20,456
Nov 19941,29757715.90$20,622
Oct 19941,44051615.58$22,435
Sep 19941,30356815.29$19,923
Aug 19941,55479316.13$25,066
Jul 19941,40189817.56$24,602
Jun 19941,25491117.09$21,431
May 199490199215.88$14,308
Apr 199495293214.14$13,461
Mar 19941,5661,26812.46$19,512
Feb 19941,27899912.50$15,975
Jan 19941,0391,14212.66$13,154
Dec 19931,9111,35512.33$23,563
Nov 19931,5851,27814.49$22,967
Oct 19931,3231,29015.85$20,970
Sep 19931,2831,16415.03$19,283
Aug 19931,4811,37515.66$23,192
Jul 19931,44096415.46$22,262
Jun 19931,3841,28216.79$23,237
May 19931,8981,49917.68$33,557
Apr 19931,7891,60918.05$32,291
Mar 19932,1741,32918.14$39,436
Feb 19931,5711,21817.90$28,121
Jan 19932,0061,37316.93$33,962

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
Oil                  272 bbl  × $106.41 =    $28,944
Casinghead gas       164 Mcf  × $  3.05 =       $500

────────────────────────────────────────────────────
Month total                                  $29,443

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. 08/O/12014 is the state's own key, not one this site invented.