FASKEN ESTATE

Name: FASKEN ESTATE lease production and value, Jun 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 37402District 08Field 18255500OilCasinghead gasSave Export

Value, all time

$2.5 M

Jun 2004 – Feb 2022

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

213

no gaps in the span

Streams

oil, casinghead gas

The CIRCLE BAR, EAST (ATOKA) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1977-11-19

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-07-17.

The Commission's schedule remark for this field reads: “CAPACITY FIELD.(VERIFIED BY HEARINGS EXAMINER RICHARD ATKINS)”

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.

Stream	Basis	Volume	Value
Oil	Disposition	12,717 bbl	$842,329
Casinghead gas	Production	332,622 Mcf	$1,689,442
Total			$2,531,770

Wells on this lease (1)

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 32.0616, -102.3454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06159, -102.34543 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,060 ft

1 wells filed one

Completion to plug

9.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

The one well that filed a depth was drilled to 11,060 ft.

Completions filed

Jan 2012

1 of 1 wells

Plug dates filed

Nov 2021

1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13535121	2	11,060 ft	Jan 2012	Nov 2021	Yes

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 (213)

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

213 months


Feb 2022	25	0	91.05	4.86	$2,276
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	101	0	71.32	3.90	$7,203
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	3	0	57.25	2.09	$172
Dec 2019	0	1,513	59.01	2.30	$3,487
Nov 2019	0	1,464	55.30	2.75	$4,027
Oct 2019	0	1,541	53.47	2.42	$3,727
Sep 2019	0	1,516	55.05	2.66	$4,028
Aug 2019	0	1,548	53.11	2.30	$3,567
Jul 2019	0	1,558	56.27	2.46	$3,833
Jun 2019	0	1,511	52.78	2.49	$3,764
May 2019	0	1,423	58.48	2.74	$3,899
Apr 2019	2	0	62.63	2.75	$125
Mar 2019	0	1,503	56.80	3.06	$4,602
Feb 2019	0	1,364	50.85	2.79	$3,809
Jan 2019	0	1,488	46.03	3.23	$4,804
Dec 2018	0	1,489	46.59	4.19	$6,232
Nov 2018	0	1,455	52.93	4.24	$6,165
Oct 2018	0	1,522	61.44	3.40	$5,172
Sep 2018	0	1,469	59.54	3.11	$4,566
Aug 2018	0	1,554	59.40	3.07	$4,765
Jul 2018	0	1,352	65.14	2.93	$3,964
Jun 2018	0	1,519	60.18	3.08	$4,674
May 2018	0	1,561	65.38	2.90	$4,528
Apr 2018	0	1,476	63.84	2.90	$4,282
Mar 2018	1	1,283	61.22	2.79	$3,637
Feb 2018	0	1,246	61.78	2.77	$3,447
Jan 2018	0	1,428	62.87	4.01	$5,725
Dec 2017	0	1,415	57.27	2.92	$4,134
Nov 2017	0	1,344	55.42	3.12	$4,191
Oct 2017	0	1,410	49.29	2.98	$4,207
Sep 2017	0	1,327	47.52	3.09	$4,097
Aug 2017	0	1,477	45.37	3.00	$4,438
Jul 2017	169	1,489	43.87	3.09	$12,011
Jun 2017	0	1,534	42.49	3.09	$4,736
May 2017	0	1,537	45.37	3.26	$5,016
Apr 2017	0	1,494	47.93	3.21	$4,798
Mar 2017	0	1,561	46.77	2.98	$4,658
Feb 2017	0	1,454	50.45	2.95	$4,293
Jan 2017	0	1,584	49.41	3.42	$5,415
Dec 2016	0	1,564	48.76	3.72	$5,823
Nov 2016	0	1,597	42.49	2.64	$4,223
Oct 2016	0	1,702	46.19	3.09	$5,260
Sep 2016	0	1,661	41.55	3.10	$5,150
Aug 2016	0	1,630	41.44	2.92	$4,767
Jul 2016	0	1,637	41.62	2.92	$4,787
Jun 2016	0	1,645	45.35	2.69	$4,418
May 2016	0	1,709	42.52	1.99	$3,403
Apr 2016	0	1,636	36.56	1.99	$3,257
Mar 2016	0	1,693	33.01	1.79	$3,037
Feb 2016	1	1,541	26.47	2.06	$3,207
Jan 2016	172	1,600	27.35	2.36	$8,487
Dec 2015	0	1,587	32.36	2.00	$3,176
Nov 2015	0	1,507	38.79	2.17	$3,266
Oct 2015	0	1,549	43.55	2.43	$3,759
Sep 2015	0	1,464	42.99	2.76	$4,038
Aug 2015	0	1,515	40.16	2.87	$4,352
Jul 2015	0	1,520	48.15	2.95	$4,477
Jun 2015	0	1,358	56.15	2.88	$3,915
May 2015	178	1,329	55.21	2.96	$13,755
Apr 2015	0	1,172	49.82	2.71	$3,172
Mar 2015	0	1,136	42.89	2.93	$3,334
Feb 2015	173	1,005	44.66	2.98	$10,717
Jan 2015	0	1,009	43.43	3.10	$3,129
Dec 2014	0	1,047	54.69	3.59	$3,760
Nov 2014	0	1,001	70.46	4.25	$4,256
Oct 2014	0	1,046	78.30	3.90	$4,080
Sep 2014	157	907	86.16	4.05	$17,196
Aug 2014	0	996	89.39	4.04	$4,019
Jul 2014	0	898	96.56	4.18	$3,753
Jun 2014	0	904	98.16	4.74	$4,282
May 2014	176	952	94.73	4.73	$21,172
Apr 2014	0	1,052	95.94	4.81	$5,059
Mar 2014	0	1,091	95.89	5.06	$5,517
Feb 2014	0	948	97.40	6.19	$5,870
Jan 2014	177	997	90.40	4.86	$20,847
Dec 2013	0	996	91.82	4.35	$4,337
Nov 2013	186	917	88.85	3.74	$19,954
Oct 2013	0	934	97.42	3.78	$3,530
Sep 2013	0	931	104.11	3.72	$3,461
Aug 2013	0	1,067	104.25	3.52	$3,759
Jul 2013	0	1,149	102.52	3.72	$4,272
Jun 2013	0	909	94.40	3.93	$3,575
May 2013	0	1,095	94.83	4.15	$4,543
Apr 2013	181	1,014	93.96	4.28	$21,349
Mar 2013	0	947	93.62	3.91	$3,705
Feb 2013	0	1,102	91.23	3.42	$3,769
Jan 2013	179	1,012	91.60	3.42	$19,857
Dec 2012	0	1,104	86.77	3.42	$3,776
Nov 2012	0	978	86.95	3.62	$3,545
Oct 2012	0	935	89.38	3.40	$3,179
Sep 2012	0	890	94.67	2.92	$2,597
Aug 2012	161	534	92.66	2.91	$16,471
Jul 2012	0	918	85.13	3.02	$2,773
Jun 2012	0	972	79.82	2.52	$2,449
May 2012	0	987	91.61	2.49	$2,456
Apr 2012	178	615	101.65	2.00	$19,322
Mar 2012	0	737	105.05	2.22	$1,638
Feb 2012	0	675	101.10	2.57	$1,735
Jan 2012	0	296	98.09	2.73	$809
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	183	2,581	95.72	3.31	$26,063
Oct 2011	0	2,820	84.98	3.65	$10,289
Sep 2011	0	3,309	83.62	3.99	$13,189
Aug 2011	0	3,411	83.40	4.15	$14,153
Jul 2011	0	3,432	94.14	4.52	$15,503
Jun 2011	0	3,345	92.90	4.64	$15,520
May 2011	178	3,369	98.13	4.40	$32,307
Apr 2011	178	1,573	105.96	4.33	$25,677
Mar 2011	0	3,430	96.36	4.06	$13,917
Feb 2011	0	2,886	85.64	4.18	$12,063
Jan 2011	0	3,376	86.50	4.59	$15,492
Dec 2010	185	3,357	85.73	4.35	$30,455
Nov 2010	1	3,187	80.84	3.80	$12,177
Oct 2010	184	3,390	78.10	3.51	$26,266
Sep 2010	0	3,276	72.63	3.98	$13,037
Aug 2010	185	3,414	73.68	4.42	$28,719
Jul 2010	1	3,418	72.55	4.74	$16,262
Jun 2010	0	3,301	70.36	4.91	$16,209
May 2010	184	3,433	71.12	4.24	$27,626
Apr 2010	0	2,758	81.69	4.12	$11,370
Mar 2010	0	3,431	78.39	4.39	$15,058
Feb 2010	183	3,056	73.58	5.44	$30,097
Jan 2010	0	3,378	74.36	5.96	$20,147
Dec 2009	0	3,177	71.44	5.48	$17,422
Nov 2009	362	3,155	74.59	3.75	$38,838
Oct 2009	0	3,226	72.54	4.11	$13,260
Sep 2009	0	3,247	65.54	3.06	$9,951
Aug 2009	0	3,075	67.42	3.22	$9,897
Jul 2009	184	3,237	61.13	3.46	$22,463
Jun 2009	0	3,404	66.16	3.90	$13,259
May 2009	181	3,656	54.74	3.93	$24,260
Apr 2009	0	3,385	46.77	3.59	$12,144
Mar 2009	0	2,284	42.14	4.06	$9,271
Feb 2009	184	2,182	32.81	4.63	$16,146
Jan 2009	0	2,812	35.86	5.37	$15,103
Dec 2008	186	3,344	37.10	5.98	$26,888
Nov 2008	177	3,254	55.49	6.86	$32,145
Oct 2008	0	3,352	75.24	6.92	$23,202
Sep 2008	0	3,490	101.76	7.88	$27,491
Aug 2008	175	3,140	114.22	8.48	$46,625
Jul 2008	181	3,315	131.08	11.39	$61,481
Jun 2008	0	3,152	131.33	13.03	$41,079
May 2008	0	3,403	123.17	11.57	$39,387
Apr 2008	165	3,232	110.31	10.45	$51,991
Mar 2008	172	3,209	101.90	9.66	$48,539
Feb 2008	0	2,807	92.53	8.77	$24,619
Jan 2008	174	2,707	90.38	8.21	$37,939
Dec 2007	174	1,315	88.33	7.30	$24,972
Nov 2007	0	135	91.67	7.29	$984
Oct 2007	350	627	82.85	6.92	$33,338
Sep 2007	0	934	75.84	6.24	$5,832
Aug 2007	0	806	69.06	6.39	$5,149
Jul 2007	0	36	70.90	6.39	$230
Jun 2007	170	2,523	62.00	7.55	$29,585
May 2007	170	3,373	58.74	7.85	$36,451
Apr 2007	0	2,969	59.61	7.81	$23,174
Mar 2007	167	2,761	56.92	7.30	$29,666
Feb 2007	168	2,606	55.10	8.22	$30,668
Jan 2007	174	1,885	50.30	6.73	$21,432
Dec 2006	0	2,882	56.65	6.92	$19,939
Nov 2006	167	1,885	54.20	7.62	$23,410
Oct 2006	169	2,925	54.90	6.01	$26,868
Sep 2006	167	2,412	60.08	5.04	$22,183
Aug 2006	0	2,265	68.71	7.34	$16,625
Jul 2006	174	2,501	69.37	6.34	$27,934
Jun 2006	163	1,983	66.28	6.38	$23,463
May 2006	169	2,149	66.01	6.42	$24,963
Apr 2006	168	2,006	64.39	7.36	$25,583
Mar 2006	351	1,361	56.70	7.08	$29,542
Feb 2006	0	1,297	57.59	7.75	$10,053
Jan 2006	351	2,065	60.59	8.93	$39,714
Dec 2005	0	1,884	54.94	13.42	$25,275
Nov 2005	351	2,040	54.69	10.59	$40,797
Oct 2005	0	2,073	58.34	13.80	$28,599
Sep 2005	349	1,807	61.45	12.08	$43,273
Aug 2005	0	1,966	61.51	9.80	$19,261
Jul 2005	166	1,762	55.69	7.84	$23,065
Jun 2005	353	1,017	52.33	7.38	$25,979
May 2005	174	162	45.22	6.65	$8,946
Apr 2005	0	366	49.20	7.36	$2,694
Mar 2005	342	463	50.37	7.15	$20,539
Feb 2005	177	464	45.22	6.31	$10,933
Jan 2005	176	504	43.16	6.32	$10,783
Dec 2004	174	546	39.86	6.75	$10,622
Nov 2004	173	528	45.28	6.33	$11,176
Oct 2004	355	513	49.70	6.52	$20,986
Sep 2004	171	501	43.24	5.28	$10,041
Aug 2004	352	522	42.37	5.55	$17,812
Jul 2004	329	554	38.28	6.08	$15,965
Jun 2004	0	345	36.10	6.43	$2,219

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.

Feb 2022 — as filed, then multipliedworked

Oil                   25 bbl  × $ 91.05 =     $2,276
Casinghead gas         0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $2,276

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/37402 is the state's own key, not one this site invented.