FEE -Z-

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 27003District 08Field 30394500OilCasinghead gasSaveExport
Value, all time
$3.5 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.

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
OilDisposition37,891 bbl$1,587,028
Casinghead gasProduction545,545 Mcf$1,919,117
Total$3,506,145

123,796 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 (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 32.1079, -102.4757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

32.11056, -102.47507 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,642 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 8,500 and 10,648 ft, median 10,642 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1981 – Aug 1983
3 of 3 wells

3 wells

42-003335421D8,500 ftAug 1983
42-00333054210,648 ftJan 1982
42-00333032110,642 ftDec 1981

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 202402084.451.66$33
Mar 20240080.301.55$0
Feb 202442076.091.78$340
Jan 2024132073.023.30$1,015
Dec 20233242571.262.61$3,390
Nov 20232145977.892.81$2,924
Oct 20232544785.443.09$3,516
Sep 20232347989.042.74$3,358
Aug 20234049380.522.67$4,539
Jul 20233748574.852.64$4,051
Jun 20233164968.962.26$3,604
May 20232762970.622.23$3,308
Apr 20233554378.122.24$3,949
Mar 20233064372.852.39$3,724
Feb 20232854375.112.47$3,442
Jan 20233180376.533.39$5,093
Dec 20222961076.415.73$5,711
Nov 20223465785.005.65$6,600
Oct 20225064887.185.86$8,159
Sep 20227438384.888.16$9,408
Aug 202213332194.529.13$15,501
Jul 202232436101.587.54$6,539
Jun 202221241115.097.98$4,339
May 202223396109.378.43$5,855
Apr 202228411104.226.84$5,728
Mar 202228710108.885.08$6,653
Feb 20223234591.054.86$4,590
Jan 20222111981.844.54$2,259
Dec 20213126171.323.90$3,229
Nov 20212526677.435.24$3,329
Oct 20212738679.795.71$4,360
Sep 20212841369.865.35$4,166
Aug 20213243366.024.22$3,940
Jul 20216044270.783.98$6,007
Jun 20214561869.493.38$5,216
May 20215847863.483.02$5,124
Apr 20215855460.362.76$5,029
Mar 20215560961.302.72$5,026
Feb 20214148357.805.55$5,049
Jan 20214868150.412.81$4,333
Dec 20205267144.642.68$4,117
Nov 20205258238.772.71$3,591
Oct 20203853836.972.48$2,738
Sep 20203367737.091.99$2,572
Aug 20203956339.982.39$2,902
Jul 20204470538.371.83$2,975
Jun 20203576434.901.69$2,513
May 20203257216.921.81$1,579
Apr 2020531,01914.751.80$2,620
Mar 2020471,21230.341.86$3,676
Feb 20204160749.881.98$3,247
Jan 20205191957.252.09$4,845
Dec 20195488959.012.30$5,235
Nov 2019441,23755.302.75$5,836
Oct 20195597253.472.42$5,292
Sep 20194971955.052.66$4,608
Aug 20191001,09053.112.30$7,823
Jul 20197872756.272.46$6,178
Jun 20198684452.782.49$6,642
May 201910727858.482.74$7,019
Apr 20198257262.632.75$6,709
Mar 201910577256.803.06$8,328
Feb 20198286150.852.79$6,574
Jan 201912460646.033.23$7,664
Dec 20187894346.594.19$7,581
Nov 201811267952.934.24$8,805
Oct 20187761661.443.40$6,824
Sep 20189163959.543.11$7,404
Aug 201810643659.403.07$7,633
Jul 201818872765.142.93$14,378
Jun 201819531460.183.08$12,701
May 20181623565.382.90$1,728
Apr 20182529263.842.90$2,443
Mar 20182232061.222.79$2,239
Feb 2018181,87861.782.77$6,307
Jan 20182632162.874.01$2,922
Dec 20172235657.272.92$2,300
Nov 20171933255.423.12$2,088
Oct 20172952649.292.98$2,999
Sep 20172632047.523.09$2,223
Aug 20172627645.373.00$2,009
Jul 20174032743.873.09$2,764
Jun 20172734742.493.09$2,219
May 20172574245.373.26$3,556
Apr 20172966547.933.21$3,526
Mar 20172242646.772.98$2,300
Feb 20172718950.452.95$1,920
Jan 20176210749.413.42$3,429
Dec 20164257048.763.72$4,170
Nov 2016132042.492.64$605
Oct 20165561746.193.09$4,447
Sep 20165458041.553.10$4,042
Aug 20162970041.442.92$3,249
Jul 20164474341.622.92$4,004
Jun 20167679745.352.69$5,587
May 20165711142.521.99$2,645
Apr 20162026136.561.99$1,251
Mar 20162626633.011.79$1,335
Feb 20162134726.472.06$1,272
Jan 20163366827.352.36$2,482
Dec 20153040532.362.00$1,781
Nov 2015217838.792.17$984
Oct 2015447743.552.43$2,103
Sep 2015628242.992.76$2,892
Aug 20156895540.162.87$5,474
Jul 20157210048.152.95$3,761
Jun 20156339256.152.88$4,668
May 2015729955.212.96$4,268
Apr 2015449949.822.71$2,460
Mar 20156813942.892.93$3,324
Feb 20156148844.662.98$4,177
Jan 20152410343.433.10$1,362
Dec 20144718154.693.59$3,220
Nov 2014412,88270.464.25$15,143
Oct 20146436478.303.90$6,431
Sep 20143936386.164.05$4,829
Aug 201452089.394.04$528
Jul 20143847996.564.18$5,671
Jun 20148840898.164.74$10,571
May 20144831594.734.73$6,036
Apr 20143834995.944.81$5,324
Mar 20148620895.895.06$9,298
Feb 20146324097.406.19$7,622
Jan 20147936490.404.86$8,911
Dec 20133127291.824.35$4,031
Nov 20132321088.853.74$2,829
Oct 20134812097.423.78$5,130
Sep 201323214104.113.72$3,190
Aug 201388466104.253.52$10,816
Jul 201326449102.523.72$4,335
Jun 20135622494.403.93$6,167
May 20135530294.834.15$6,469
Apr 20139040293.964.28$10,178
Mar 20136954093.623.91$8,573
Feb 20135455591.233.42$6,824
Jan 201310456191.603.42$11,445
Dec 20125359986.773.42$6,647
Nov 20126658786.953.62$7,867
Oct 20124336289.383.40$5,074
Sep 2012422,28494.672.92$10,642
Aug 20125363592.662.91$6,758
Jul 20122437085.133.02$3,161
Jun 20124556579.822.52$5,015
May 20124862591.612.49$5,952
Apr 201237442101.652.00$4,644
Mar 201254356105.052.22$6,464
Feb 201264768101.102.57$8,444
Jan 20124383498.092.73$6,498
Dec 20114246196.873.24$5,562
Nov 20114164695.723.31$6,064
Oct 20114867184.983.65$6,527
Sep 20116797983.623.99$9,505
Aug 20115473783.404.15$7,562
Jul 20116164794.144.52$8,665
Jun 20111754392.904.64$4,099
May 2011949098.134.40$3,042
Apr 201115360105.964.33$3,149
Mar 2011121,63196.364.06$7,774
Feb 2011681,19985.644.18$10,835
Jan 2011821,61086.504.59$14,481
Dec 20101281,98685.734.35$19,608
Nov 2010961,20580.843.80$12,334
Oct 2010841,19678.103.51$10,757
Sep 2010831,48172.633.98$11,922
Aug 2010761,34073.684.42$11,522
Jul 20101431,63072.554.74$18,095
Jun 201012055770.364.91$11,178
May 20101271,45471.124.24$15,190
Apr 20109030281.694.12$8,597
Mar 2010891,34278.394.39$12,866
Feb 2010601,11073.585.44$10,456
Jan 20101121,00574.365.96$14,322
Dec 200910281071.445.48$11,729
Nov 20091042,21174.593.75$16,052
Oct 20091151,93072.544.11$16,275
Sep 20091511,79865.543.06$15,407
Aug 20092001,96967.423.22$19,821
Jul 20091542,10061.133.46$16,689
Jun 20091722,18666.163.90$19,894
May 20091962,15754.743.93$19,197
Apr 20091722,07246.773.59$15,478
Mar 20091392,07742.144.06$14,288
Feb 2009971,05232.814.63$8,056
Jan 20091496,21435.865.37$38,719
Dec 20081352,55837.105.98$20,298
Nov 20081811,79155.496.86$22,331
Oct 20081881,80675.246.92$26,646
Sep 20082101,706101.767.88$34,808
Aug 20082042,065114.228.48$40,818
Jul 20082962,093131.0811.39$62,638
Jun 20082311,649131.3313.03$51,828
May 20082072,001123.1711.57$48,656
Apr 20081821,956110.3110.45$40,526
Mar 20082271,518101.909.66$37,801
Feb 20081281,80592.538.77$27,675
Jan 20081532,31790.388.21$32,841
Dec 20072162,48888.337.30$37,247
Nov 20071302,33991.677.29$28,972
Oct 20071402,71982.856.92$30,420
Sep 20071031,92775.846.24$19,844
Aug 20071423,97269.066.39$35,179
Jul 2007872,51070.906.39$22,202
Jun 20071172,36462.007.55$25,099
May 20071492,60358.747.85$29,176
Apr 20071292,91459.617.81$30,434
Mar 20071072,57556.927.30$24,893
Feb 20071841,02255.108.22$18,535
Jan 20071281,75750.306.73$18,257
Dec 20061462,88256.656.92$28,210
Nov 20061051,67154.207.62$18,420
Oct 20067771554.906.01$8,527
Sep 20063681660.085.04$6,273
Aug 20065999868.717.34$11,379
Jul 2006621,87569.376.34$16,194
Jun 2006761,72366.286.38$16,037
May 2006581,75866.016.42$15,124
Apr 2006511,76364.397.36$16,260
Mar 2006601,64456.707.08$15,046
Feb 2006561,39557.597.75$14,038
Jan 2006761,50560.598.93$18,049
Dec 2005931,48954.9413.42$25,085
Nov 2005801,48954.6910.59$20,141
Oct 2005691,34158.3413.80$22,526
Sep 2005911,26961.4512.08$20,920
Aug 2005731,44661.519.80$18,656
Jul 2005911,52255.697.84$17,006
Jun 2005611,64852.337.38$15,356
May 2005761,28645.226.65$11,990
Apr 2005631,29749.207.36$12,646
Mar 2005731,48350.377.15$14,288
Feb 2005641,28345.226.31$10,992
Jan 2005751,53143.166.32$12,916
Dec 2004651,54239.866.75$13,001
Nov 2004561,38745.286.33$11,316
Oct 2004561,25449.706.52$10,953
Sep 2004461,15043.245.28$8,066
Aug 2004521,15942.375.55$8,636
Jul 2004571,37638.286.08$10,554
Jun 2004571,20236.106.43$9,790
May 2004751,36537.486.49$11,676
Apr 2004491,26334.475.86$9,088
Mar 2004581,52634.365.53$10,432
Feb 2004541,51632.455.51$10,105
Jan 2004511,43032.036.30$10,642
Dec 2003621,50730.266.30$11,373
Nov 2003571,44828.804.60$8,295
Oct 2003581,44828.174.76$8,526
Sep 2003791,46726.314.75$9,046
Aug 2003591,58029.765.13$9,861
Jul 2003801,73429.415.17$11,319
Jun 2003841,70528.565.98$12,600
May 2003741,77126.595.97$12,545
Apr 2003761,92426.675.41$12,431
Mar 2003801,95131.146.10$14,385
Feb 2003961,75133.487.93$17,092
Jan 20031212,02730.315.58$14,982
Dec 20021192,25226.914.85$14,133
Nov 20021732,50024.664.14$14,609
Oct 20021342,66626.464.23$14,820
Sep 20022342,54027.443.64$15,654
Aug 20021532,40025.963.16$11,566
Jul 20021032,35424.583.06$9,739
Jun 20021072,22923.733.34$9,980
May 2002812,15724.663.58$9,728
Apr 20021261,93823.653.51$9,787
Mar 20021412,28922.003.10$10,204
Feb 20021211,93118.222.38$6,792
Jan 20021091,80417.172.38$6,157
Dec 20011411,88716.932.36$6,849
Nov 20011361,97118.072.41$7,199
Oct 20011034,59519.782.53$13,658
Sep 20011282,49824.262.25$8,729
Aug 20011022,62324.873.05$10,545
Jul 2001962,65323.933.20$10,779
Jun 2001982,41724.563.82$11,650
May 20011312,53225.524.31$14,249
Apr 2001982,22424.685.34$14,284
Mar 20011282,07324.545.38$14,286
Feb 20011002,02227.755.77$14,436
Jan 2001991,58727.478.40$16,048
Dec 20001002,13126.889.12$22,128
Nov 2000702,35432.215.66$15,574
Oct 20001023,05931.235.15$18,926
Sep 20001062,74331.875.19$17,605
Aug 20001262,54929.644.54$15,309
Jul 20001302,75228.534.09$14,964
Jun 20001622,62629.304.40$16,294
May 20001452,20727.263.68$12,074
Apr 20001252,22824.513.12$10,006
Mar 20001372,86828.422.86$12,095
Feb 20001482,77127.622.73$11,643
Jan 20001522,61425.272.48$10,325
Dec 19991491,22424.282.42$6,584
Nov 19991832,45723.192.43$10,224
Oct 19991563,19620.982.80$12,234
Sep 19991483,10121.752.62$11,340
Aug 19991132,58219.262.88$9,601
Jul 19991032,65017.892.37$8,129
Jun 19991292,78015.942.36$8,623
May 19991392,37415.792.32$7,705
Apr 19991632,63415.102.21$8,277
Mar 19991322,53812.471.84$6,312
Feb 1999831,0039.981.82$2,652
Jan 19991842,01510.381.90$5,738
Dec 19981542,2709.201.77$5,442
Nov 19981562,24810.892.19$6,612
Oct 19981751,06912.421.97$4,279
Sep 19981692,43512.592.08$7,199
Aug 19981301,81011.301.91$4,921
Jul 19981881,79111.742.24$6,214
Jun 19981712,12811.242.24$6,683
May 19982172,28612.622.21$7,782
Apr 19981372,02613.042.51$6,862
Mar 19982052,48712.802.31$8,368
Feb 19981472,13713.952.30$6,964
Jan 19981622,39814.702.15$7,549
Dec 19971703,52716.322.41$11,278
Nov 19971522,67918.193.09$11,038
Oct 19971402,55119.253.15$10,730
Sep 19971612,90517.742.95$11,440
Aug 19971763,13317.862.55$11,147
Jul 19971652,05217.582.25$7,511
Jun 19971882,21017.242.26$8,230
May 19971041,87418.972.31$6,299
Apr 19971882,04417.882.08$7,619
Mar 19971792,33418.951.94$7,918
Feb 19971551,94320.492.21$7,462
Jan 19971882,30923.483.54$12,587
Dec 19962382,61123.32$5,550
Nov 19961592,60821.97$3,493
Oct 19962042,92723.31$4,755
Sep 19961842,51522.22$4,088
Aug 19961702,62720.26$3,444
Jul 19962272,46819.55$4,438
Jun 19961822,57918.73$3,409
May 19962262,32119.43$4,391
Apr 19962402,44021.51$5,162
Mar 19962252,56719.38$4,361
Feb 19962172,45216.98$3,685
Jan 19961992,60817.07$3,397
Dec 19951732,99017.19$2,974
Nov 19952342,76816.00$3,744
Oct 19952293,05415.43$3,533
Sep 19951532,67716.18$2,476
Aug 19951031,25515.92$1,640
Jul 19951962,74615.24$2,987
Jun 19952352,76116.41$3,856
May 19952382,42317.56$4,179
Apr 19951621,88617.73$2,872
Mar 19952532,84916.44$4,159
Feb 19952022,04316.58$3,349
Jan 19952202,33915.92$3,502
Dec 19941882,59715.03$2,826
Nov 19942302,53415.90$3,657
Oct 19941873,74615.58$2,913
Sep 19941622,52615.29$2,477
Aug 19941772,21216.13$2,855
Jul 19942002,52417.56$3,512
Jun 19941022,31217.09$1,743
May 19942142,51515.88$3,398
Apr 19942442,33314.14$3,450
Mar 19942182,40312.46$2,716
Feb 19942552,87012.50$3,188
Jan 19942342,81112.66$2,962
Dec 19933273,01312.33$4,032
Nov 19933852,50614.49$5,579
Oct 19931612,22615.85$2,552
Sep 19931562,44915.03$2,345
Aug 19931162,71615.66$1,817
Jul 19931882,85715.46$2,906
Jun 19932452,91416.79$4,114
May 19931702,69517.68$3,006
Apr 19931972,50218.05$3,556
Mar 19932352,59618.14$4,263
Feb 19931242,61017.90$2,220
Jan 19932072,81516.93$3,505

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.

Apr 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 84.45 =         $0
Casinghead gas        20 Mcf  × $  1.66 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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/27003 is the state's own key, not one this site invented.