MIDLAND FARMS -AW-

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

Oil lease lease 25724District 08Field 30394500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 38 leases and 106 wells, and the rule below applies to all of them.

Discovered
1956-02-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1994-03-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 03/01/94.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA6none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition23,199 bbl$980,164
Casinghead gasProduction559,722 Mcf$1,680,840
Total$2,661,004

173,364 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 (6)

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 32.1094, -102.4838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.10990, -102.48294 · 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
83.3%
5 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
10,538 ft
6 wells filed one
Completion to plug
11.1 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
583.3%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
NeitherNo plug date, and not on the schedule.
116.7%

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 10,310 and 10,601 ft, median 10,538 ft, over the 6 wells that filed a depth.

Completions filed
Dec 1980 – Nov 2021
5 of 6 wells; 1 filed none
Plug dates filed
Jul 1988 – Jul 2022
4 of 6 wells; 2 filed none

Last completion to plug: a median of 11.1 years across the 4 wells that filed both dates, with the middle half between 7.0 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-00333415610,310 ft
42-00333365410,531 ftNov 2021Yes
42-00332801310,545 ftAug 2007Feb 2022Yes
42-00332094110,550 ftMay 1983Jul 1988Yes
42-00333395510,500 ftFeb 1983Jul 2022Yes
42-00332406210,601 ftDec 1980Jul 1988Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021858679.795.71$3,987
Sep 20212822869.865.35$3,176
Aug 20212919866.024.22$2,750
Jul 20212849070.783.98$3,933
Jun 20212970969.493.38$4,412
May 20213361463.483.02$3,948
Apr 20212845360.362.76$2,940
Mar 20211449961.302.72$2,214
Feb 20211321157.805.55$1,922
Jan 20211451550.412.81$2,153
Dec 20202754944.642.68$2,674
Nov 20202766538.772.71$2,847
Oct 20201375036.972.48$2,339
Sep 20202681237.091.99$2,581
Aug 20202679539.982.39$2,936
Jul 20201378638.371.83$1,933
Jun 20201380434.901.69$1,813
May 20202479816.921.81$1,854
Apr 20202483414.751.80$1,859
Mar 20201195630.341.86$2,108
Feb 2020992349.881.98$2,277
Jan 2020121,00357.252.09$2,788
Dec 2019677959.012.30$2,149
Nov 20192399355.302.75$4,003
Oct 2019111,01853.472.42$3,050
Sep 2019231,26855.052.66$4,636
Aug 201901,32653.112.30$3,056
Jul 2019221,41356.272.46$4,714
Jun 2019111,22252.782.49$3,625
May 20192183558.482.74$3,516
Apr 20192188462.632.75$3,747
Mar 20192360456.803.06$3,156
Feb 20192494450.852.79$3,856
Jan 20196297446.033.23$5,998
Dec 2018391,04746.594.19$6,199
Nov 2018201,17052.934.24$6,016
Oct 2018421,35761.443.40$7,192
Sep 2018471,26959.543.11$6,742
Aug 2018421,16759.403.07$6,073
Jul 2018411,25365.142.93$6,344
Jun 2018411,07860.183.08$5,784
May 2018081965.382.90$2,376
Apr 20183983763.842.90$4,918
Mar 20183957761.222.79$3,996
Feb 20183748761.782.77$3,633
Jan 20181978062.874.01$4,322
Dec 20173578157.272.92$4,286
Nov 20174778055.423.12$5,037
Oct 20172970749.292.98$3,539
Sep 2017056647.523.09$1,747
Aug 20172268145.373.00$3,044
Jul 20174954543.873.09$3,832
Jun 20172463542.493.09$2,980
May 20172178445.373.26$3,511
Apr 20171664447.933.21$2,835
Mar 2017079746.772.98$2,378
Feb 20173170950.452.95$3,657
Jan 2017960049.413.42$2,496
Dec 20165767148.763.72$5,277
Nov 2016072042.492.64$1,904
Oct 20162162446.193.09$2,898
Sep 20164663241.553.10$3,871
Aug 20162266041.442.92$2,842
Jul 20163362841.622.92$3,210
Jun 20164267945.352.69$3,728
May 20164180542.521.99$3,346
Apr 20162176036.561.99$2,281
Mar 20163984133.011.79$2,796
Feb 20164676226.472.06$2,790
Jan 20164071027.352.36$2,773
Dec 20157772532.362.00$3,943
Nov 20151782038.792.17$2,437
Oct 2015411,24543.552.43$4,807
Sep 20153367442.992.76$3,278
Aug 2015070240.162.87$2,016
Jul 20157376648.152.95$5,771
Jun 2015301,01056.152.88$4,596
May 20158085855.212.96$6,953
Apr 20152075949.822.71$3,051
Mar 20155669042.892.93$4,427
Feb 20155469044.662.98$4,465
Jan 2015022443.433.10$695
Dec 20141770854.693.59$3,472
Nov 2014071970.464.25$3,057
Oct 2014071778.303.90$2,797
Sep 2014068286.164.05$2,759
Aug 20142778789.394.04$5,589
Jul 2014077596.564.18$3,239
Jun 20148668098.164.74$11,663
May 20146378894.734.73$9,693
Apr 20147889395.944.81$11,778
Mar 20146190895.895.06$10,441
Feb 201411582697.406.19$16,316
Jan 201414892090.404.86$17,851
Dec 2013081791.824.35$3,558
Nov 20137079488.853.74$9,188
Oct 201311078497.423.78$13,679
Sep 201369930104.113.72$10,641
Aug 201367804104.253.52$9,817
Jul 201368607102.523.72$9,228
Jun 20136954594.403.93$8,657
May 20139973694.834.15$12,442
Apr 201310074893.964.28$12,599
Mar 201310489393.623.91$13,231
Feb 20134187491.233.42$6,729
Jan 20136183991.603.42$8,457
Dec 201213479986.773.42$14,360
Nov 20129390086.953.62$11,349
Oct 201210188289.383.40$12,026
Sep 2012097294.672.92$2,837
Aug 201214078792.662.91$15,261
Jul 20126777485.133.02$8,042
Jun 201212981479.822.52$12,347
May 20129492191.612.49$10,903
Apr 2012611,006101.652.00$8,209
Mar 20121301,991105.052.22$18,081
Feb 2012122802101.102.57$14,396
Jan 20128186798.092.73$10,316
Dec 2011371,14296.873.24$7,284
Nov 2011231,21495.723.31$6,221
Oct 2011831,34184.983.65$11,946
Sep 2011541,18383.623.99$9,231
Aug 2011871,21383.404.15$12,289
Jul 2011521,23594.144.52$10,474
Jun 2011541,14392.904.64$10,320
May 2011491,29998.134.40$10,530
Apr 2011491,181105.964.33$10,310
Mar 2011481,04896.364.06$8,877
Feb 20115284585.644.18$7,985
Jan 2011631,01986.504.59$10,125
Dec 20106993085.734.35$9,959
Nov 201010577080.843.80$11,411
Oct 2010801,17478.103.51$10,367
Sep 20106296072.633.98$8,323
Aug 20107647973.684.42$7,717
Jul 20105973972.554.74$7,781
Jun 2010681,19270.364.91$10,638
May 20106486271.124.24$8,202
Apr 2010521,25581.694.12$9,422
Mar 2010651,10078.394.39$9,923
Feb 20106783073.585.44$9,447
Jan 2010821,01074.365.96$12,121
Dec 20099472771.445.48$10,702
Nov 20098268674.593.75$8,690
Oct 2009541,09872.544.11$8,430
Sep 2009621,14165.543.06$7,560
Aug 2009351,08567.423.22$5,852
Jul 2009831,30361.133.46$9,588
Jun 2009601,06666.163.90$8,122
May 2009491,11554.743.93$7,059
Apr 2009491,25646.773.59$6,798
Mar 2009841,11542.144.06$8,066
Feb 2009381,20132.814.63$6,811
Jan 2009751,44735.865.37$10,461
Dec 2008601,49737.105.98$11,174
Nov 20084760355.496.86$6,745
Oct 2008481,24775.246.92$12,243
Sep 200872492101.767.88$11,202
Aug 2008681,451114.228.48$20,076
Jul 2008671,627131.0811.39$27,313
Jun 2008541,424131.3313.03$25,650
May 2008221,382123.1711.57$18,705
Apr 2008791,595110.3110.45$25,390
Mar 2008681,465101.909.66$21,087
Feb 2008571,41392.538.77$17,667
Jan 2008691,67490.388.21$19,973
Dec 20071011,48888.337.30$19,787
Nov 20071011,65591.677.29$21,326
Oct 2007801,31582.856.92$15,730
Sep 2007211,18575.846.24$8,992
Aug 2007521,48369.066.39$13,064
Jul 2007191,24370.906.39$9,287
Jun 2007431,35662.007.55$12,902
May 2007721,20658.747.85$13,692
Apr 2007361,45659.617.81$13,510
Mar 2007711,33756.927.30$13,804
Feb 2007501,30355.108.22$13,460
Jan 2007521,36050.306.73$11,764
Dec 2006761,41556.656.92$14,095
Nov 20063877654.207.62$7,971
Oct 2006731,42054.906.01$12,547
Sep 2006521,40260.085.04$10,186
Aug 2006521,39468.717.34$13,805
Jul 2006471,47569.376.34$12,616
Jun 2006671,44166.286.38$13,640
May 2006701,32266.016.42$13,115
Apr 2006471,41364.397.36$13,427
Mar 2006661,50556.707.08$14,402
Feb 2006441,31957.597.75$12,758
Jan 2006951,48260.598.93$18,995
Dec 2005621,51854.9413.42$23,771
Nov 2005351,03754.6910.59$12,894
Oct 2005341,04858.3413.80$16,442
Sep 2005621,27261.4512.08$19,174
Aug 2005961,75761.519.80$23,118
Jul 2005221,22455.697.84$10,826
Jun 2005461,17052.337.38$11,043
May 2005391,50645.226.65$11,780
Apr 2005561,69249.207.36$15,209
Mar 2005671,70750.377.15$15,588
Feb 2005771,54445.226.31$13,228
Jan 2005761,64343.166.32$13,668
Dec 2004431,71339.866.75$13,279
Nov 2004791,65845.286.33$14,073
Oct 2004761,78649.706.52$15,413
Sep 2004401,73843.245.28$10,913
Aug 2004601,81242.375.55$12,600
Jul 2004591,79838.286.08$13,198
Jun 2004681,71636.106.43$13,494
May 2004511,86737.486.49$14,037
Apr 2004531,81834.475.86$12,478
Mar 2004591,98634.365.53$13,010
Feb 2004681,88132.455.51$12,570
Jan 2004401,90432.036.30$13,276
Dec 2003341,40030.266.30$9,851
Nov 2003351,41428.804.60$7,506
Oct 2003221,48928.174.76$7,707
Sep 2003361,45426.314.75$7,853
Aug 2003381,90529.765.13$10,903
Jul 2003371,94229.415.17$11,130
Jun 2003401,86928.565.98$12,325
May 2003301,92626.595.97$12,301
Apr 2003461,84626.675.41$11,209
Mar 2003491,86231.146.10$12,877
Feb 2003511,66533.487.93$14,904
Jan 2003531,85630.315.58$11,967
Dec 2002511,84626.914.85$10,332
Nov 2002651,74224.664.14$8,809
Oct 2002451,95226.464.23$9,446
Sep 2002441,96027.443.64$8,332
Aug 2002391,72625.963.16$6,474
Jul 2002402,05224.583.06$7,266
Jun 2002401,98923.733.34$7,589
May 2002472,01524.663.58$8,381
Apr 2002421,91523.653.51$7,719
Mar 2002521,94422.003.10$7,176
Feb 2002561,75618.222.38$5,192
Jan 2002461,84717.172.38$5,178
Dec 2001541,91616.932.36$5,444
Nov 2001681,80218.072.41$5,564
Oct 2001381,79719.782.53$5,296
Sep 2001401,95624.262.25$5,374
Aug 2001422,08324.873.05$7,404
Jul 2001622,13823.933.20$8,319
Jun 2001401,99624.563.82$8,615
May 2001361,83725.524.31$8,831
Apr 2001521,63524.685.34$10,007
Mar 2001581,96624.545.38$11,993
Feb 2001581,61127.755.77$10,900
Jan 2001371,67427.478.40$15,076
Dec 2000561,87426.889.12$18,601
Nov 2000571,86132.215.66$12,366
Oct 2000492,02431.235.15$11,945
Sep 2000491,99831.875.19$11,924
Aug 2000532,11129.644.54$11,156
Jul 2000522,14028.534.09$10,236
Jun 2000492,08329.304.40$10,595
May 2000361,73427.263.68$7,362
Apr 2000481,99324.513.12$7,387
Mar 2000562,03828.422.86$7,420
Feb 2000451,83327.622.73$6,241
Jan 2000701,88625.272.48$6,447
Dec 1999541,88224.282.42$5,873
Nov 1999511,83023.192.43$5,637
Oct 1999652,01120.982.80$7,002
Sep 1999541,96121.752.62$6,310
Aug 1999582,21119.262.88$7,475
Jul 1999612,17117.892.37$6,242
Jun 1999832,12315.942.36$6,338
May 1999491,92315.792.32$5,237
Apr 1999481,83415.102.21$4,774
Mar 1999481,99712.471.84$4,270
Feb 1999601,9159.981.82$4,080
Jan 1999602,08810.381.90$4,590
Dec 1998572,0829.201.77$4,216
Nov 1998452,07410.892.19$5,023
Oct 1998512,21212.421.97$4,989
Sep 1998382,19212.592.08$5,044
Aug 1998522,15611.301.91$4,700
Jul 1998402,23611.742.24$5,472
Jun 1998362,14211.242.24$5,197
May 1998902,26412.622.21$6,131
Apr 1998722,08813.042.51$6,170
Mar 1998652,13712.802.31$5,767
Feb 1998691,97013.952.30$5,492
Jan 1998882,19414.702.15$6,021
Dec 1997782,16816.322.41$6,500
Nov 19971142,13618.193.09$8,670
Oct 1997751,32719.253.15$5,624
Sep 1997732,08917.742.95$7,468
Aug 19971092,81417.862.55$9,136
Jul 1997732,53517.582.25$6,979
Jun 1997802,02417.242.26$5,948
May 1997712,50718.972.31$7,134
Apr 1997922,66217.882.08$7,189
Mar 1997692,42718.951.94$6,014
Feb 1997801,82920.492.21$5,674
Jan 1997982,51723.483.54$11,210
Dec 1996812,72323.32$1,889
Nov 1996892,67221.97$1,955
Oct 19961252,85823.31$2,914
Sep 19961232,72422.22$2,733
Aug 19961202,90320.26$2,431
Jul 19961392,96819.55$2,717
Jun 19961352,83918.73$2,529
May 19961263,06919.43$2,448
Apr 19961132,50821.51$2,431
Mar 19961072,72819.38$2,074
Feb 1996952,59716.98$1,613
Jan 19961102,78817.07$1,878
Dec 19951402,88917.19$2,407
Nov 19951312,80916.00$2,096
Oct 1995592,65615.43$910
Sep 19951352,80216.18$2,184
Aug 19951643,30815.92$2,611
Jul 19952143,23515.24$3,261
Jun 1995862,15216.41$1,411
May 19951052,67417.56$1,844
Apr 1995972,14117.73$1,720
Mar 19951371,47816.44$2,252
Feb 199514870416.58$2,454
Jan 19951953,03815.92$3,104
Dec 19941512,85215.03$2,270
Nov 19941772,98315.90$2,814
Oct 19941874,23715.58$2,913
Sep 19942164,62215.29$3,303
Aug 19942134,39216.13$3,436
Jul 19942064,10717.56$3,617
Jun 19942032,55417.09$3,469
May 19942054,58715.88$3,255
Apr 19942063,80514.14$2,913
Mar 19941773,93812.46$2,205
Feb 19941543,79412.50$1,925
Jan 19942124,83012.66$2,684
Dec 19932154,92712.33$2,651
Nov 19932054,90014.49$2,970
Oct 19932145,03315.85$3,392
Sep 19932105,05415.03$3,156
Aug 19932275,48015.66$3,555
Jul 19931935,42715.46$2,984
Jun 19931935,35216.79$3,240
May 19932325,67817.68$4,102
Apr 19932205,17918.05$3,971
Mar 19931985,44118.14$3,592
Feb 19932265,05117.90$4,045
Jan 19932885,87816.93$4,876

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.

Oct 2021 — as filed, then multipliedworked
Oil                    8 bbl  × $ 79.79 =       $638
Casinghead gas       586 Mcf  × $  5.71 =     $3,348

────────────────────────────────────────────────────
Month total                                   $3,987

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/25724 is the state's own key, not one this site invented.