MIDLAND FARMS -AY-

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 27839District 08Field 30394500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 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
NGPA4none

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
OilDisposition17,700 bbl$749,089
Casinghead gasProduction146,155 Mcf$365,101
Total$1,114,190

62,168 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 32.1255, -102.4750. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.12553, -102.47478 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
10,485 ft
4 wells filed one
Completion to plug
41.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 10,350 and 10,549 ft, median 10,485 ft, over the 4 wells that filed a depth.

Completions filed
Jan 1983 – Aug 1985
4 of 4 wells
Plug dates filed
Oct 2025 – Nov 2025
2 of 4 wells; 2 filed none

Last completion to plug: a median of 41.2 years across the 2 wells that filed both dates, with the middle half between 40.8 years and 41.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-00334551610,470 ftAug 1985
42-00333606410,350 ftJun 1985Oct 2025Yes
42-00333750210,500 ftDec 1983Nov 2025Yes
42-00333386110,549 ftJan 1983

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 202510060.553.23$606
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202524174.324.28$1,788
Dec 202409968.993.12$309
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240575.632.06$10
Jul 20240579.932.15$11
Jun 202403078.082.63$79
May 202403178.812.20$68
Apr 202405484.451.66$90
Mar 2024014380.301.55$221
Feb 2024024576.091.78$437
Jan 2024035073.023.30$1,154
Dec 2023037471.262.61$976
Nov 20232839277.892.81$3,281
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023019480.522.67$519
Jul 20233019674.852.64$2,763
Jun 20233038968.962.26$2,947
May 20231228870.622.23$1,489
Apr 2023163078.122.24$1,317
Mar 20233734872.852.39$3,528
Feb 20234822475.112.47$4,158
Jan 20232434076.533.39$2,989
Dec 20222130176.415.73$3,329
Nov 2022035585.005.65$2,004
Oct 20223232787.185.86$4,707
Sep 20221832784.888.16$4,197
Aug 20221819294.529.13$3,454
Jul 202214261101.587.54$3,391
Jun 202229351115.097.98$6,138
May 202231374109.378.43$6,544
Apr 202220414104.226.84$4,915
Mar 202223375108.885.08$4,408
Feb 20222823891.054.86$3,706
Jan 20221315481.844.54$1,763
Dec 20211934571.323.90$2,700
Nov 20213020977.435.24$3,417
Oct 20211521779.795.71$2,437
Sep 20214615869.865.35$4,059
Aug 20212919666.024.22$2,742
Jul 20212830370.783.98$3,188
Jun 20212922769.493.38$2,783
May 20212720863.483.02$2,342
Apr 2021289360.362.76$1,947
Mar 20211414961.302.72$1,263
Feb 2021137257.805.55$1,151
Jan 20211433750.412.81$1,653
Dec 20202716844.642.68$1,655
Nov 20202716838.772.71$1,501
Oct 20201323336.972.48$1,058
Sep 20202635037.091.99$1,661
Aug 20202628039.982.39$1,707
Jul 20201328238.371.83$1,013
Jun 20201329234.901.69$947
May 20202432616.921.81$998
Apr 20202433814.751.80$964
Mar 20201234730.341.86$1,008
Feb 20201232449.881.98$1,240
Jan 20202434757.252.09$2,101
Dec 20191333559.012.30$1,539
Nov 20193532255.302.75$2,821
Oct 20191132453.472.42$1,372
Sep 20192429955.052.66$2,116
Aug 2019028853.112.30$664
Jul 20192428256.272.46$2,044
Jun 20191227152.782.49$1,308
May 20192325658.482.74$2,047
Apr 20192222062.632.75$1,983
Mar 20192020756.803.06$1,770
Feb 20191519850.852.79$1,316
Jan 20192418546.033.23$1,702
Dec 20181611446.594.19$1,223
Nov 20181113652.934.24$1,158
Oct 20182220061.443.40$2,031
Sep 20182017259.543.11$1,725
Aug 20183515259.403.07$2,545
Jul 20181810365.142.93$1,475
Jun 201856060.183.08$486
May 201801565.382.90$44
Apr 20188063.842.90$511
Mar 20188061.222.79$490
Feb 20188061.782.77$494
Jan 20185062.874.01$314
Dec 20179057.272.92$515
Nov 201713055.423.12$720
Oct 20178149.292.98$397
Sep 20170147.523.09$3
Aug 20173145.373.00$139
Jul 20175143.873.09$222
Jun 20176142.493.09$258
May 20179145.373.26$412
Apr 20178147.933.21$387
Mar 20170146.772.98$3
Feb 201716050.452.95$807
Jan 20175049.413.42$247
Dec 201629048.763.72$1,414
Nov 20160042.492.64$0
Oct 201611046.193.09$508
Sep 201623041.553.10$956
Aug 201611041.442.92$456
Jul 201617041.622.92$708
Jun 201621045.352.69$952
May 201620042.521.99$850
Apr 201611036.561.99$402
Mar 20160033.011.79$0
Feb 201623026.472.06$609
Jan 201622027.352.36$602
Dec 201538032.362.00$1,230
Nov 20159038.792.17$349
Oct 201524043.552.43$1,045
Sep 201529042.992.76$1,247
Aug 20150040.162.87$0
Jul 201573048.152.95$3,515
Jun 201530056.152.88$1,685
May 201580155.212.96$4,420
Apr 201520149.822.71$999
Mar 201555042.892.93$2,359
Feb 201553044.662.98$2,367
Jan 20150043.433.10$0
Dec 201440254.693.59$2,195
Nov 201432270.464.25$2,263
Oct 201436478.303.90$2,834
Sep 201447986.164.05$4,086
Aug 2014584789.394.04$5,374
Jul 201403796.564.18$155
Jun 201446698.164.74$4,544
May 2014323894.734.73$3,211
Apr 2014395895.944.81$4,021
Mar 2014316395.895.06$3,291
Feb 2014574397.406.19$5,818
Jan 2014747990.404.86$7,074
Dec 2013011691.824.35$505
Nov 2013352988.853.74$3,218
Oct 20135410597.423.78$5,658
Sep 201329180104.113.72$3,688
Aug 201333105104.253.52$3,810
Jul 20133471102.523.72$3,750
Jun 2013343994.403.93$3,363
May 20135018494.834.15$5,505
Apr 20135030493.964.28$6,000
Mar 20135130893.623.91$5,980
Feb 20131525391.233.42$2,234
Jan 20131725891.603.42$2,440
Dec 20122610886.773.42$2,625
Nov 201265186.953.62$5,655
Oct 2012807789.383.40$7,412
Sep 201203994.672.92$114
Aug 20121063892.662.91$9,932
Jul 2012558385.133.02$4,933
Jun 2012199879.822.52$1,763
May 20123130891.612.49$3,606
Apr 201227338101.652.00$3,419
Mar 20126357105.052.22$6,745
Feb 201261266101.102.57$6,851
Jan 20124015098.092.73$4,334
Dec 20111833296.873.24$2,819
Nov 20111137395.723.31$2,288
Oct 20114039884.983.65$4,851
Sep 20112736483.623.99$3,709
Aug 20114437683.404.15$5,230
Jul 20114435794.144.52$5,755
Jun 20115134992.904.64$6,357
May 20114929098.134.40$6,086
Apr 201149345105.964.33$6,687
Mar 20114833596.364.06$5,984
Feb 20115130785.644.18$5,651
Jan 20116232286.504.59$6,841
Dec 20106530785.734.35$6,907
Nov 20105923480.843.80$5,658
Oct 20105227778.103.51$5,033
Sep 20106228172.633.98$5,621
Aug 20107532973.684.42$6,980
Jul 20105632572.554.74$5,602
Jun 20106430670.364.91$6,006
May 20106411971.124.24$5,056
Apr 20105228281.694.12$5,410
Mar 20106530178.394.39$6,416
Feb 20106727473.585.44$6,421
Jan 20108228374.365.96$7,785
Dec 20099428771.445.48$8,289
Nov 20098227874.593.75$7,159
Oct 20095427872.544.11$5,060
Sep 20096224465.543.06$4,811
Aug 20093530667.423.22$3,345
Jul 20098333661.133.46$6,238
Jun 20096030966.163.90$5,173
May 20094922454.743.93$3,562
Apr 20094926646.773.59$3,246
Mar 20098422442.144.06$4,449
Feb 20093820132.814.63$2,178
Jan 20097526935.865.37$4,134
Dec 20086025937.105.98$3,774
Nov 20084824555.496.86$4,344
Oct 20084821275.246.92$5,079
Sep 20087267101.767.88$7,854
Aug 200868261114.228.48$9,981
Jul 200867283131.0811.39$12,006
Jun 200854282131.3313.03$10,767
May 200822283123.1711.57$5,985
Apr 200880269110.3110.45$11,637
Mar 200868279101.909.66$9,625
Feb 20085726292.538.77$7,572
Jan 20086928890.388.21$8,599
Dec 200710132888.337.30$11,316
Nov 200710142091.677.29$12,321
Oct 20078039282.856.92$9,341
Sep 20072130775.846.24$3,510
Aug 20075636269.066.39$6,180
Jul 20071938370.906.39$3,794
Jun 20073736462.007.55$5,042
May 20075536558.747.85$6,095
Apr 20072242259.617.81$4,605
Mar 20073829856.927.30$4,339
Feb 20072526555.108.22$3,555
Jan 20072729250.306.73$3,322
Dec 20064329456.656.92$4,470
Nov 20062116154.207.62$2,365
Oct 20063728554.906.01$3,745
Sep 20062727960.085.04$3,028
Aug 20062325768.717.34$3,467
Jul 20061929169.376.34$3,164
Jun 20063229066.286.38$3,972
May 20063224966.016.42$3,712
Apr 20062227964.397.36$3,470
Mar 20063429956.707.08$4,046
Feb 20062225857.597.75$3,267
Jan 20064326360.598.93$4,955
Dec 20052219554.9413.42$3,825
Nov 200594154.6910.59$926
Oct 20051321758.3413.80$3,752
Sep 20053126961.4512.08$5,154
Aug 20054136661.519.80$6,108
Jul 20052135755.697.84$3,970
Jun 20053435952.337.38$4,429
May 20052236245.226.65$3,403
Apr 20053134949.207.36$4,094
Mar 20053733250.377.15$4,239
Feb 20053631245.226.31$3,597
Jan 20054135343.166.32$4,001
Dec 20042435339.866.75$3,340
Nov 20043432845.286.33$3,616
Oct 20043036849.706.52$3,889
Sep 20042136043.245.28$2,810
Aug 20043337842.375.55$3,496
Jul 20044038438.286.08$3,868
Jun 20045239036.106.43$4,386
May 20045140337.486.49$4,529
Apr 20043428134.475.86$2,818
Mar 200424634.365.53$323
Feb 200402132.455.51$116
Jan 200432932.036.30$279
Dec 20032214330.266.30$1,567
Nov 20033534928.804.60$2,612
Oct 20032237228.174.76$2,390
Sep 20033336826.314.75$2,616
Aug 20033438029.765.13$2,961
Jul 20033338629.415.17$2,966
Jun 20033237328.565.98$3,146
May 20032137126.595.97$2,774
Apr 20033035826.675.41$2,736
Mar 20032936431.146.10$3,122
Feb 20033031933.487.93$3,533
Jan 20032935330.315.58$2,849
Dec 20022935326.914.85$2,494
Nov 20024133124.664.14$2,380
Oct 20022937126.464.23$2,336
Sep 20023037127.443.64$2,172
Aug 20023132425.963.16$1,830
Jul 20022838624.583.06$1,870
Jun 20022737023.733.34$1,876
May 20023039024.663.58$2,138
Apr 20022938523.653.51$2,038
Mar 20022736622.003.10$1,730
Feb 20023129918.222.38$1,275
Jan 20022726417.172.38$1,091
Dec 20012830316.932.36$1,190
Nov 20013529718.072.41$1,347
Oct 20012735519.782.53$1,432
Sep 20012837124.262.25$1,515
Aug 20013139224.873.05$1,968
Jul 20013742023.933.20$2,228
Jun 20012836524.563.82$2,084
May 20012635225.524.31$2,180
Apr 20012928124.685.34$2,215
Mar 20012827424.545.38$2,160
Feb 20013421927.755.77$2,206
Jan 20012523227.478.40$2,635
Dec 20003322626.889.12$2,949
Nov 20003325132.215.66$2,483
Oct 20003035731.235.15$2,774
Sep 20003336931.875.19$2,966
Aug 20003341029.644.54$2,840
Jul 20003238428.534.09$2,483
Jun 20003135629.304.40$2,474
May 20002331927.263.68$1,801
Apr 20003038324.513.12$1,929
Mar 20003235828.422.86$1,933
Feb 20002332027.622.73$1,508
Jan 20003734025.272.48$1,778
Dec 19993033624.282.42$1,543
Nov 19993034523.192.43$1,535
Oct 19993237220.982.80$1,714
Sep 19993037121.752.62$1,624
Aug 19992839119.262.88$1,664
Jul 19993238717.892.37$1,491
Jun 19993637015.942.36$1,448
May 19993237315.792.32$1,371
Apr 19993135015.102.21$1,241
Mar 19992935212.471.84$1,009
Feb 1999343309.981.82$939
Jan 19993232710.381.90$953
Dec 1998482859.201.77$947
Nov 1998407210.892.19$593
Oct 19982633812.421.97$989
Sep 19982739212.592.08$1,156
Aug 19983441211.301.91$1,170
Jul 19982541511.742.24$1,222
Jun 19982134511.242.24$1,008
May 19983139712.622.21$1,267
Apr 19982439813.042.51$1,310
Mar 19982940512.802.31$1,307
Feb 19983138013.952.30$1,306
Jan 19983442214.702.15$1,409
Dec 19972642016.322.41$1,437
Nov 19974551418.193.09$2,406
Oct 19972349419.253.15$1,999
Sep 19973164217.742.95$2,447
Aug 19978498017.862.55$4,004
Jul 1997771,15317.582.25$3,944
Jun 199710793017.242.26$3,944
May 19978291518.972.31$3,668
Apr 19979392017.882.08$3,579
Mar 1997781,00818.951.94$3,433
Feb 19979285820.492.21$3,778
Jan 19979594623.483.54$5,579
Dec 19969799023.32$2,262
Nov 19961221,00921.97$2,680
Oct 199614693023.31$3,403
Sep 19967348922.22$1,622
Aug 19967371720.26$1,479
Jul 19968276019.55$1,603
Jun 19966975918.73$1,292
May 1996671,47319.43$1,302
Apr 1996941,83521.51$2,022
Mar 19961151,47319.38$2,229
Feb 19961101,13316.98$1,868
Jan 19969644417.07$1,639
Dec 199512866617.19$2,200
Nov 199510275516.00$1,632
Oct 1995691,03615.43$1,065
Sep 19951371,48416.18$2,217
Aug 19951511,64415.92$2,404
Jul 19951951,27015.24$2,972
Jun 19951541,45216.41$2,527
May 19951881,31217.56$3,301
Apr 199513257717.73$2,340
Mar 19951281,30816.44$2,104
Feb 19951621,19416.58$2,686
Jan 19951841,33315.92$2,929
Dec 19941511,41815.03$2,270
Nov 19941531,26115.90$2,433
Oct 19941641,47515.58$2,555
Sep 19941841,24515.29$2,813
Aug 199414987216.13$2,403
Jul 199415568817.56$2,722
Jun 19944849917.09$820
May 19948796415.88$1,382
Apr 19941541,05614.14$2,178
Mar 19941491,22812.46$1,857
Feb 19941561,30612.50$1,950
Jan 19941921,81612.66$2,431
Dec 19931871,49112.33$2,306
Nov 19931461,37314.49$2,116
Oct 19931491,77015.85$2,362
Sep 19931661,78515.03$2,495
Aug 19931691,95515.66$2,647
Jul 19931761,96715.46$2,721
Jun 19931431,96716.79$2,401
May 19931682,03017.68$2,970
Apr 19931751,99418.05$3,159
Mar 19931902,03418.14$3,447
Feb 19932241,87017.90$4,010
Jan 19932772,06116.93$4,690

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 2025 — as filed, then multipliedworked
Oil                   10 bbl  × $ 60.55 =       $606
Casinghead gas         0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                     $606

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/27839 is the state's own key, not one this site invented.