FASKEN OPERATING AREA -B-

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

Oil lease lease 17204District 08Field 18254600OilCasinghead gasSaveExport
Value, all time
$21.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$601 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 3 leases and 9 wells, and the rule below applies to all of them.

Discovered
1962-09-30
as the register files it
Field class
Oil
the register's own label
Between wells
1,400 ft
minimum
From a lease line
550 ft
minimum

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

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
OilDisposition350,152 bbl$19,543,838
Casinghead gasProduction453,947 Mcf$1,800,328
Total$21,344,166

44,641 Mcf of this lease's gas, across 48 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 (4)

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 32.0753, -102.3981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.07532, -102.39844 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
12,859 ft
4 wells filed one
Completion to plug
15.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 4,840 and 12,890 ft, median 12,859 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1963 – Sep 1987
3 of 4 wells; 1 filed none
Plug dates filed
Aug 1981 – Mar 2009
3 of 4 wells; 1 filed none

Last completion to plug: a median of 15.0 years across the 2 wells that filed both dates, with the middle half between 11.7 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-135857453D4,840 ftAug 1981Yes
42-135104696 L12,877 ftSep 1987Mar 2009Yes
42-135106644 L12,890 ftAug 1979Jan 1988Yes
42-135049231 L12,840 ftApr 1963

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 20266371,586106.413.05$72,614
Apr 20267622,12498.932.87$81,480
Mar 20268141,52289.753.15$77,850
Feb 20266761,33763.503.75$47,940
Jan 20261,0411,65259.138.00$74,767
Dec 2025210056.664.41$11,899
Nov 20250058.593.93$0
Oct 20259532,00459.383.30$63,212
Sep 20251,1002,17962.743.08$75,719
Aug 20259951,71963.933.01$68,793
Jul 202536278466.743.32$26,759
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250270.884.34$9
Jan 20250074.324.28$0
Dec 202418530068.993.12$13,700
Nov 202425042469.052.20$18,195
Oct 20242167271.372.28$15,580
Sep 2024721469.612.36$50,198
Aug 202454496375.632.06$43,130
Jul 20245661,09179.932.15$47,582
Jun 20249091,74278.082.63$75,563
May 20241,2651,56778.812.20$103,140
Apr 2024068584.451.66$1,137
Mar 2024072680.301.55$1,122
Feb 202418872876.091.78$15,603
Jan 20245881,47373.023.30$47,793
Dec 202316581871.262.61$13,893
Nov 20230077.892.81$0
Oct 202381448085.443.09$71,030
Sep 2023455189.042.74$40,516
Aug 202385596680.522.67$71,427
Jul 20238581,00174.852.64$66,866
Jun 202397772168.962.26$69,002
May 20239951,09470.622.23$72,704
Apr 20231,0021,27378.122.24$81,125
Mar 20231,13391672.852.39$84,731
Feb 20231,0741,09075.112.47$83,356
Jan 20231,13483576.533.39$89,614
Dec 20221,1571,34776.415.73$96,123
Nov 20221,0111,21685.005.65$92,801
Oct 20221,1061,52787.185.86$105,375
Sep 20221,3581,75084.888.16$129,553
Aug 20221,2381,52294.529.13$130,907
Jul 20221,0791,689101.587.54$122,343
Jun 20221,2741,196115.097.98$156,165
May 20221,1781,430109.378.43$140,897
Apr 20221,1931,545104.226.84$134,899
Mar 20221,4201,814108.885.08$163,818
Feb 20221,2851,55991.054.86$124,574
Jan 20221,5841,32681.844.54$135,652
Dec 20211,2421,65371.323.90$95,025
Nov 20211,40245777.435.24$110,950
Oct 20211,21853279.795.71$100,224
Sep 20211,32640069.865.35$94,775
Aug 20211,33549566.024.22$90,226
Jul 20211,13936270.783.98$82,060
Jun 20211,15649969.493.38$82,017
May 20211,04435863.483.02$67,353
Apr 20211,60265760.362.76$98,509
Mar 20211,788061.302.72$109,604
Feb 202184810357.805.55$49,586
Jan 20211,80854950.412.81$92,684
Dec 20201,83484744.642.68$84,136
Nov 20202495238.772.71$9,794
Oct 20201,093636.972.48$40,423
Sep 20201,25383037.091.99$48,126
Aug 20201,21045139.982.39$49,451
Jul 20200038.371.83$0
Jun 202023034.901.69$803
May 20204823016.921.81$8,210
Apr 20201,38589314.751.80$22,040
Mar 20208101,08230.341.86$26,584
Feb 202023517649.881.98$12,070
Jan 202083356657.252.09$48,875
Dec 20191,6431,11859.012.30$99,530
Nov 20191,24898055.302.75$71,710
Oct 201999576153.472.42$55,043
Sep 20191,1513,20755.052.66$71,884
Aug 20191,2092,88053.112.30$70,847
Jul 20191,3392,93556.272.46$82,566
Jun 20191,4461,69252.782.49$80,535
May 20191,2641,71258.482.74$78,610
Apr 20191,6431,62462.632.75$107,368
Mar 20191,2921,61056.803.06$78,316
Feb 20191,3321,34950.852.79$71,499
Jan 20191,57689146.033.23$75,420
Dec 20187161,19046.594.19$38,339
Nov 20181,3281,83952.934.24$78,083
Oct 20181,7731,83861.443.40$115,179
Sep 20181,5811,35259.543.11$98,335
Aug 20181,1471,15059.403.07$71,658
Jul 20181,7051,40665.142.93$115,186
Jun 20181,0981,79060.183.08$71,585
May 20181,3961,95565.382.90$96,942
Apr 20181,5691,62763.842.90$104,885
Mar 20181,5502,10261.222.79$100,749
Feb 20181,1291,93161.782.77$75,091
Jan 20181,8392,47162.874.01$125,525
Dec 20171,4602,10557.272.92$89,764
Nov 20171,1541,80055.423.12$69,568
Oct 20171,5471,48349.292.98$80,676
Sep 20171,3251,60947.523.09$67,931
Aug 20171,7991,72745.373.00$86,809
Jul 20171,3441,59443.873.09$63,882
Jun 20171,3732,33442.493.09$65,544
May 20171,4461,75445.373.26$71,329
Apr 20171,5621,84947.933.21$80,805
Mar 201717948046.772.98$9,804
Feb 20171,4231,11250.452.95$75,074
Jan 20171,4521,41549.413.42$76,581
Dec 20161,2121,03148.763.72$62,935
Nov 20161,4301,15542.492.64$63,815
Oct 20161,1541,70746.193.09$58,578
Sep 20161,2631,25741.553.10$56,375
Aug 20161,5091,73541.442.92$67,607
Jul 20161,3721,62341.622.92$61,849
Jun 20161,3151,56445.352.69$63,836
May 20161,7342,58842.521.99$78,882
Apr 20161,7811,59036.561.99$68,279
Mar 20161,4281,74733.011.79$50,272
Feb 201646272726.472.06$13,729
Jan 20161,4272,32027.352.36$44,514
Dec 20151,6711,41132.362.00$56,898
Nov 20154768738.792.17$18,653
Oct 20151,0551,04343.552.43$48,476
Sep 20151,6911,16842.992.76$75,918
Aug 20151,2121,42440.162.87$52,764
Jul 20151,2251,14948.152.95$62,368
Jun 20151,5211,78256.152.88$90,541
May 20151,5182,05055.212.96$89,867
Apr 20151,7791,39949.822.71$92,416
Mar 20151,6941,18242.892.93$76,124
Feb 20152,1901,39144.662.98$101,945
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014118078.303.90$9,239
Sep 20145391,10386.164.05$50,902
Aug 20141,0622,51989.394.04$105,097
Jul 20141,2131,63396.564.18$123,953
Jun 20141,1491,00798.164.74$117,556
May 20141,4111,27094.734.73$139,667
Apr 20141,1671,72995.944.81$120,277
Mar 201451261695.895.06$52,211
Feb 201434051597.406.19$36,305
Jan 20141,2851,60490.404.86$123,961
Dec 20131,28492191.824.35$121,907
Nov 20131,3191,51188.853.74$122,842
Oct 201392974197.423.78$93,304
Sep 20131,1701,511104.113.72$127,426
Aug 20131,1621,441104.253.52$126,215
Jul 20131,5021,513102.523.72$159,610
Jun 20138181,63494.403.93$83,646
May 20139871,60494.834.15$100,252
Apr 20131,0791,64393.964.28$108,419
Mar 20131,3491,77493.623.91$133,235
Feb 20138621,58191.233.42$84,047
Jan 20131,0801,66891.603.42$104,632
Dec 20121,0351,67586.773.42$95,536
Nov 20121,2411,88486.953.62$114,734
Oct 20121,1812,33089.383.40$113,479
Sep 20121,2502,13594.672.92$124,568
Aug 20121,1791,97292.662.91$114,981
Jul 20127131,44385.133.02$65,057
Jun 20121,1011,78879.822.52$92,386
May 20129171,12491.612.49$86,803
Apr 20121,0351,559101.652.00$108,321
Mar 20121,0721,873105.052.22$116,776
Feb 20121,1711,652101.102.57$122,634
Jan 20121,1801,77598.092.73$120,599
Dec 20111,2071,47096.873.24$121,685
Nov 20111,0901,76595.723.31$110,179
Oct 20111,2201,78384.983.65$110,181
Sep 20111,0431,67783.623.99$93,900
Aug 20111,1731,89383.404.15$105,683
Jul 20111,2331,83294.144.52$124,350
Jun 20111,0651,70092.904.64$106,826
May 20111,4201,60098.134.40$146,392
Apr 20111,0001,997105.964.33$114,614
Mar 20112,0951,89896.364.06$209,575
Feb 20111,0141,40385.644.18$92,703
Jan 20111,2001,59686.504.59$111,124
Dec 20101,4851,93285.734.35$135,709
Nov 20101,3742,45380.843.80$120,384
Oct 20101,5012,75278.103.51$126,885
Sep 20108951,37472.633.98$70,472
Aug 20101,1882,33073.684.42$97,829
Jul 20101,3452,23372.554.74$108,156
Jun 20106742,04670.364.91$57,469
May 20108442,19471.124.24$69,317
Apr 20101,1522,13381.694.12$102,901
Mar 20101,2671,91478.394.39$107,720
Feb 20101,2731,78173.585.44$103,360
Jan 20101,3452,35874.365.96$114,078
Dec 20091,6642,56571.445.48$132,942
Nov 20091,4622,67374.593.75$119,078
Oct 20091,7893,36172.544.11$143,589
Sep 20091,5103,21365.543.06$108,812
Aug 20092,2902,56267.423.22$162,638
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20080139101.767.88$1,095
Aug 2008059114.228.48$501
Jul 2008049131.0811.39$558
Jun 200818250131.3313.03$24,554
May 2008592519123.1711.57$78,924
Apr 20081,0531,913110.3110.45$136,157
Mar 20081,2242,611101.909.66$149,958
Feb 20081,1233,41192.538.77$133,828
Jan 20081,1302,08790.388.21$119,255
Dec 20071,0041,57688.337.30$100,191
Nov 20071,0401,13991.677.29$103,642
Oct 20071,2381,90682.856.92$115,762
Sep 20077402,28575.846.24$70,390
Aug 20071,1962,05369.066.39$95,710
Jul 20071,5092,64870.906.39$123,903
Jun 20070062.007.55$0
May 2007130058.747.85$7,636
Apr 20075531,08959.617.81$41,464
Mar 20078269,49656.927.30$116,355
Feb 20076731,19355.108.22$46,884
Jan 20078722,96250.306.73$63,787
Dec 20069561,28956.656.92$63,075
Nov 20068421,40254.207.62$56,316
Oct 20068341,41754.906.01$54,308
Sep 20068511,45760.085.04$58,467
Aug 20067301,45868.717.34$60,860
Jul 20066861,55569.376.34$57,451
Jun 20068291,45266.286.38$64,216
May 20065431,07366.016.42$42,737
Apr 2006916064.397.36$58,981
Mar 20068541,43356.707.08$58,572
Feb 20067531,22857.597.75$52,884
Jan 20069211,43160.598.93$68,587
Dec 20058301,34154.9413.42$63,590
Nov 20059201,57854.6910.59$67,023
Oct 20051,0881,67658.3413.80$86,596
Sep 200574868061.4512.08$54,178
Aug 20058691,37261.519.80$66,893
Jul 20057831,36755.697.84$54,328
Jun 20058411,40352.337.38$54,365
May 20058401,40945.226.65$47,356
Apr 20058531,44249.207.36$52,581
Mar 20058631,48450.377.15$54,087
Feb 20058581,32545.226.31$47,162
Jan 20059611,53243.166.32$51,162
Dec 20041,1501,54439.866.75$56,263
Nov 200450255645.286.33$26,250
Oct 20041,0121,29749.706.52$58,746
Sep 20048911,37343.245.28$45,782
Aug 20049341,04242.375.55$45,357
Jul 20049601,11138.286.08$43,508
Jun 20048521,21436.106.43$38,567
May 20041,0211,34937.486.49$47,028
Apr 20049261,24934.475.86$39,236
Mar 20041,0461,39934.365.53$43,677
Feb 20041,0171,28232.455.51$40,065
Jan 20041,0081,23632.036.30$40,073
Dec 20031,0221,44530.266.30$40,032
Nov 20031,1921,46128.804.60$41,043
Oct 20031,1011,43128.174.76$37,826
Sep 20031,0431,55126.314.75$34,808
Aug 20031,2221,94229.765.13$46,329
Jul 20031,2402,14429.415.17$47,555
Jun 20039881,66528.565.98$38,179
May 200362588426.595.97$21,899
Apr 200365771126.675.41$21,367
Mar 200364867131.146.10$24,269
Feb 200365252333.487.93$25,974
Jan 200371554630.315.58$24,719
Dec 200269958826.914.85$21,664
Nov 200264055324.664.14$18,070
Oct 200265657726.464.23$19,798
Sep 200267258427.443.64$20,563
Aug 200263551625.963.16$18,117
Jul 200269956524.583.06$18,911
Jun 200264554423.733.34$17,122
May 200271864424.663.58$20,014
Apr 200260356223.653.51$16,235
Mar 200288768222.003.10$21,630
Feb 200265053318.222.38$13,109
Jan 200267855017.172.38$12,948
Dec 200173857216.932.36$13,847
Nov 200167056618.072.41$13,468
Oct 200174563019.782.53$16,329
Sep 200168067624.262.25$18,019
Aug 200167173424.873.05$18,929
Jul 200167462823.933.20$18,137
Jun 200166364424.563.82$18,746
May 200174857725.524.31$21,574
Apr 200159840924.685.34$16,941
Mar 200168748624.545.38$19,472
Feb 200161439527.755.77$19,317
Jan 200170755827.478.40$24,108
Dec 200076843026.889.12$24,567
Nov 200069820832.215.66$23,659
Oct 200070946231.235.15$24,519
Sep 200068446031.875.19$24,185
Aug 200073051729.644.54$23,985
Jul 200068548628.534.09$21,531
Jun 200048925729.304.40$15,458
May 200046519827.263.68$13,404
Apr 200043621724.513.12$11,363
Mar 200046824828.422.86$14,010
Feb 200042819527.622.73$12,353
Jan 200047714225.272.48$12,406
Dec 199966025624.282.42$16,645
Nov 199964327323.192.43$15,576
Oct 199960430520.982.80$13,527
Sep 199963431521.752.62$14,614
Aug 199964934119.262.88$13,480
Jul 199965241917.892.37$12,658
Jun 199972245215.942.36$12,576
May 199970747415.792.32$12,264
Apr 199977445415.102.21$12,690
Mar 199973546012.471.84$10,011
Feb 19997074149.981.82$7,808
Jan 199980646810.381.90$9,255
Dec 19987364789.201.77$7,619
Nov 199871743910.892.19$8,768
Oct 199881042512.421.97$10,897
Sep 199871737912.592.08$9,816
Aug 199876124811.301.91$9,072
Jul 199875762711.742.24$10,290
Jun 199867073211.242.24$9,168
May 199870873812.622.21$10,563
Apr 199873566413.042.51$11,248
Mar 199876663212.802.31$11,264
Feb 199867366713.952.30$10,922
Jan 199879672114.702.15$13,255
Dec 199759961116.322.41$11,249
Nov 199766956418.193.09$13,911
Oct 19976531,33719.253.15$16,782
Sep 19976341,65717.742.95$16,143
Aug 19976831,34317.862.55$15,629
Jul 19976402,05817.582.25$15,875
Jun 199763665417.242.26$12,441
May 19976781,35018.972.31$15,978
Apr 19976101,61717.882.08$14,275
Mar 19977431,04318.951.94$16,102
Feb 199764696420.492.21$15,363
Jan 199762568323.483.54$17,093
Dec 199664663823.32$15,065
Nov 199664256021.97$14,105
Oct 199663362623.31$14,755
Sep 199667073022.22$14,887
Aug 199668345820.26$13,838
Jul 199671466619.55$13,959
Jun 199652662618.73$9,852
May 199656870819.43$11,036
Apr 199659964021.51$12,884
Mar 199659958719.38$11,609
Feb 199656266116.98$9,543
Jan 199660962517.07$10,396
Dec 199564551717.19$11,088
Nov 199564743216.00$10,352
Oct 199559241315.43$9,135
Sep 199566075516.18$10,679
Aug 199588475815.92$14,073
Jul 19958691,07715.24$13,244
Jun 199569093516.41$11,323
May 19957271,17417.56$12,766
Apr 199545299917.73$8,014
Mar 19956701,37616.44$11,015
Feb 19955671,09716.58$9,401
Jan 19955831,20315.92$9,281
Dec 19946231,28515.03$9,364
Nov 19945081,17515.90$8,077
Oct 19945281,01515.58$8,226
Sep 199448295215.29$7,370
Aug 19945881,28516.13$9,484
Jul 199453374317.56$9,359
Jun 199462588717.09$10,681
May 19945341,20115.88$8,480
Apr 19945351,22414.14$7,565
Mar 19945711,39812.46$7,115
Feb 199446390012.50$5,788
Jan 199454096212.66$6,836
Dec 19934751,28012.33$5,857
Nov 19935031,03714.49$7,288
Oct 19934671,12815.85$7,402
Sep 19934551,14315.03$6,839
Aug 19933891,13715.66$6,092
Jul 19934101,20515.46$6,339
Jun 19933831,27216.79$6,431
May 19934051,23517.68$7,160
Apr 19933611,14618.05$6,516
Mar 199341699418.14$7,546
Feb 199335282117.90$6,301
Jan 199349895516.93$8,431

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                  637 bbl  × $106.41 =    $67,783
Casinghead gas     1,586 Mcf  × $  3.05 =     $4,831

────────────────────────────────────────────────────
Month total                                  $72,614

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/17204 is the state's own key, not one this site invented.