FEE "AS"

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

Oil lease lease 38820District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$124.8 M
Jun 2008 – May 2026
Value, last 12 filed months
$4.7 M
at the published price for each month
Months reported
216
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition1,453,500 bbl$109,702,944
Casinghead gasProduction4,140,531 Mcf$15,117,273
Total$124,820,217

Wells on this lease (16)

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 32.0731, -102.1866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.07300, -102.18719 · 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 16 wells
With a plug date
0.0%
0 of 16 wells
Median depth
10,725 ft
16 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.
16100.0%

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

Total depth in feet, 16 of 16 wells. Median 10,725 ft, with the middle half between 10,710 and 10,766 ft; the shallowest is 10,601 ft and the deepest 10,845 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 16 of 16 wells, Jun 2008 – Jul 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2008 – Jul 2019
16 of 16 wells

16 wells

42-3293622510510,750 ftJul 2019
42-32936545108X10,845 ftAug 2010
42-3293624111310,788 ftFeb 2010
42-3293623711110,730 ftFeb 2010
42-3293624011610,715 ftFeb 2010
42-3293624211410,770 ftFeb 2010
42-3293622210210,710 ftJan 2010
42-3293635710910,700 ftDec 2009
42-3293623311010,720 ftSep 2009
42-3293622710710,601 ftSep 2009
42-3293622410410,765 ftAug 2009
42-3293624311210,768 ftAug 2009
42-3293622610610,710 ftAug 2009
42-3293622310310,730 ftJul 2009
42-3293623811510,720 ftJul 2009
42-32935933110,630 ftJun 2008

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 (216)

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

216 months

May 20267,43824,017106.413.05$864,630
Apr 20262,49013,79098.932.87$285,909
Mar 20261,48916,07089.753.15$184,249
Feb 20262,91324,89263.503.75$278,328
Jan 20264,36829,49559.138.00$494,178
Dec 20254,37726,63456.664.41$365,546
Nov 20254,58526,94758.593.93$374,441
Oct 20254,90930,40459.383.30$391,977
Sep 20255,45125,14362.743.08$419,359
Aug 20256,98117,45863.933.01$498,927
Jul 20256,5386,37166.743.32$457,467
Jun 20251,8701,58766.483.13$129,283
May 20256641360.553.23$5,331
Apr 20253,06720,58462.363.54$264,190
Mar 20253,19527,87767.704.27$335,289
Feb 20253,32427,74370.884.34$356,033
Jan 20253,62031,93074.324.28$405,657
Dec 20244,14330,13768.993.12$379,894
Nov 20243,92522,86669.052.20$321,291
Oct 20243,82024,67871.372.28$328,934
Sep 20244,34535,72269.612.36$386,915
Aug 20244,52630,47875.632.06$405,197
Jul 20244,97025,36179.932.15$451,692
Jun 20244,07512,93578.082.63$352,247
May 20242,4922,38178.812.20$201,629
Apr 202424541484.451.66$21,377
Mar 202405080.301.55$77
Feb 202447790476.091.78$37,907
Jan 20241,6722,53273.023.30$130,439
Dec 20232,6592,86571.262.61$196,960
Nov 20231,0982,57877.892.81$92,761
Oct 202317139285.443.09$15,820
Sep 20231,7047,22189.042.74$171,474
Aug 20232,13010,33480.522.67$199,129
Jul 20231,98210,32374.852.64$175,624
Jun 20232,0059,84568.962.26$160,500
May 20232,39510,16770.622.23$191,781
Apr 20232,0319,90278.122.24$180,820
Mar 20232,17810,11572.852.39$182,874
Feb 20232,3939,18875.112.47$202,393
Jan 20232,44010,00776.533.39$220,634
Dec 20222,62210,39276.415.73$259,884
Nov 20222,5199,85085.005.65$269,730
Oct 20221,8839,22687.185.86$218,259
Sep 20222,19010,31684.888.16$270,104
Aug 20222,21010,97094.529.13$309,014
Jul 20222,24111,244101.587.54$312,444
Jun 20222,18411,045115.097.98$339,465
May 20222,30410,964109.378.43$344,448
Apr 20222,76412,566104.226.84$373,985
Mar 20221,8235,537108.885.08$226,596
Feb 20221,8175,57491.054.86$192,521
Jan 20223,13911,46881.844.54$308,934
Dec 20212,79811,66271.323.90$245,025
Nov 20211,76410,98277.435.24$194,098
Oct 20212,17811,91979.795.71$241,886
Sep 20212,76211,93969.865.35$256,838
Aug 20212,04912,54666.024.22$188,227
Jul 20212,43512,68170.783.98$222,846
Jun 20212,55012,30469.493.38$218,795
May 20212,32312,51463.483.02$185,227
Apr 20212,65812,34360.362.76$194,484
Mar 20212,67812,42961.302.72$197,930
Feb 20212,42610,81357.805.55$200,213
Jan 20212,98312,71350.412.81$186,100
Dec 20202,67312,80844.642.68$153,590
Nov 20202,65013,02338.772.71$137,988
Oct 20202,75313,39136.972.48$134,967
Sep 20202,78513,21337.091.99$129,603
Aug 20202,46013,74539.982.39$131,134
Jul 20202,36713,90538.371.83$116,200
Jun 20202,02913,16034.901.69$93,057
May 20202,22613,84116.921.81$62,782
Apr 20202,39113,42014.751.80$59,482
Mar 20203,01914,11130.341.86$117,790
Feb 20202,69012,08449.881.98$158,112
Jan 20202,95114,02557.252.09$198,323
Dec 20193,18814,10659.012.30$220,629
Nov 20192,73613,41855.302.75$188,210
Oct 20193,10913,25753.472.42$198,301
Sep 20192,66413,20755.052.66$181,748
Aug 20192,66913,36753.112.30$172,553
Jul 20192,12613,49356.272.46$152,824
Jun 20192,86213,95352.782.49$185,816
May 20192,72914,36358.482.74$198,951
Apr 20192,94813,83462.632.75$222,686
Mar 20192,73014,09856.803.06$198,233
Feb 20193,00312,94850.852.79$188,856
Jan 20193,15014,28046.033.23$191,093
Dec 20183,33914,45146.594.19$216,048
Nov 20183,26514,17952.934.24$232,896
Oct 20182,85414,95461.443.40$226,165
Sep 20182,99414,82659.543.11$224,342
Aug 20183,33114,94659.403.07$243,694
Jul 20182,93515,34165.142.93$236,164
Jun 20182,91614,13760.183.08$218,983
May 20183,27715,33465.382.90$258,731
Apr 20182,66814,37863.842.90$212,033
Mar 20183,21714,70761.222.79$237,931
Feb 20183,48314,10961.782.77$254,207
Jan 20183,41515,80362.874.01$278,060
Dec 20173,74316,01257.272.92$261,141
Nov 20173,43215,26155.423.12$237,791
Oct 20173,45616,09649.292.98$218,372
Sep 20173,39815,95447.523.09$210,727
Aug 20173,51216,23745.373.00$208,122
Jul 20173,57114,31743.873.09$200,860
Jun 20173,37112,81642.493.09$182,800
May 20173,82817,08245.373.26$229,422
Apr 20173,81316,38847.933.21$235,389
Mar 20173,88017,04246.772.98$232,315
Feb 20173,65415,23650.452.95$229,330
Jan 20174,07717,28449.413.42$260,535
Dec 20164,15818,41348.763.72$271,293
Nov 20164,28318,67442.492.64$231,365
Oct 20164,35819,84846.193.09$262,632
Sep 20164,11817,77741.553.10$226,223
Aug 20164,18118,58241.442.92$227,601
Jul 20164,58619,20941.622.92$247,043
Jun 20164,51518,81945.352.69$255,300
May 20164,57619,67842.521.99$233,751
Apr 20164,62318,86036.561.99$206,568
Mar 20164,89619,11733.011.79$195,913
Feb 20165,16818,07026.472.06$174,087
Jan 20165,38718,84727.352.36$191,896
Dec 20155,19916,79032.362.00$201,843
Nov 20154,93617,19938.792.17$228,743
Oct 20155,11318,63743.552.43$267,895
Sep 20155,10819,36642.992.76$273,012
Aug 20155,08819,20140.162.87$259,489
Jul 20155,62020,16448.152.95$329,988
Jun 20155,22518,89456.152.88$347,853
May 20155,67819,40155.212.96$370,821
Apr 20155,94718,95149.822.71$347,572
Mar 20155,96818,00642.892.93$308,810
Feb 20155,12916,29544.662.98$277,558
Jan 20155,90318,13343.433.10$312,591
Dec 20146,25719,02454.693.59$410,517
Nov 20146,36718,83170.464.25$528,685
Oct 20146,55619,41278.303.90$589,060
Sep 20145,80818,49686.164.05$575,242
Aug 20146,15220,82289.394.04$633,947
Jul 20145,73421,80896.564.18$644,824
Jun 20146,16622,86898.164.74$713,578
May 20146,66923,51294.734.73$742,885
Apr 20146,97323,06995.944.81$779,931
Mar 20147,18023,22195.895.06$805,914
Feb 20146,61021,06197.406.19$774,224
Jan 20147,85523,71790.404.86$825,374
Dec 20137,81824,90991.824.35$826,315
Nov 20137,00324,17388.853.74$712,582
Oct 20137,59525,42297.423.78$835,984
Sep 20137,56724,445104.113.72$878,681
Aug 20138,11224,568104.253.52$932,219
Jul 20137,23623,721102.523.72$830,023
Jun 20137,93124,80494.403.93$846,251
May 20137,61624,92194.834.15$825,625
Apr 20138,48825,66393.964.28$907,437
Mar 20139,12626,23893.623.91$957,042
Feb 20137,52721,82791.233.42$761,335
Jan 20138,62427,07791.603.42$882,559
Dec 20128,93530,60486.773.42$879,961
Nov 20129,34829,13486.953.62$918,418
Oct 20129,56829,40389.383.40$955,149
Sep 20129,94731,02294.672.92$1,032,217
Aug 201210,49833,95192.662.91$1,071,480
Jul 201210,69035,19485.133.02$1,016,354
Jun 20129,50734,64479.822.52$846,118
May 201211,50235,56891.612.49$1,142,203
Apr 201211,66739,366101.652.00$1,264,557
Mar 201213,24537,869105.052.22$1,475,535
Feb 201212,34337,955101.102.57$1,345,431
Jan 201213,49137,79498.092.73$1,426,664
Dec 201113,93934,49496.873.24$1,462,023
Nov 201112,23829,81695.723.31$1,270,150
Oct 201114,05733,28884.983.65$1,316,016
Sep 201111,75527,04083.623.99$1,090,729
Aug 201113,11727,12183.404.15$1,206,492
Jul 201116,16035,84494.144.52$1,683,218
Jun 201114,67833,05992.904.64$1,516,976
May 201114,12330,47098.134.40$1,520,105
Apr 201114,23028,333105.964.33$1,630,586
Mar 201114,31533,14396.364.06$1,513,866
Feb 201117,44037,16985.644.18$1,648,927
Jan 201120,05440,54486.504.59$1,920,719
Dec 201020,52241,48985.734.35$1,939,735
Nov 201020,95638,44880.843.80$1,840,006
Oct 201025,15750,93178.103.51$2,143,473
Sep 201027,16351,14072.633.98$2,176,359
Aug 201027,65848,12473.684.42$2,250,519
Jul 201029,61353,63972.554.74$2,402,484
Jun 201030,61949,64670.364.91$2,398,135
May 201037,08557,62371.124.24$2,881,531
Apr 201041,67053,84981.694.12$3,626,025
Mar 201043,15453,14578.394.39$3,616,078
Feb 201033,88844,23873.585.44$2,734,238
Jan 201040,09953,23274.365.96$3,299,242
Dec 200923,86418,08871.445.48$1,804,034
Nov 200925,74621,77174.593.75$2,002,068
Oct 200925,86220,70572.544.11$1,961,132
Sep 200919,79721,02765.543.06$1,361,938
Aug 200916,23717,17867.423.22$1,149,986
Jul 20092,8714,84861.133.46$192,300
Jun 20091,8134,51266.163.90$137,522
May 20092,3288,02954.743.93$158,955
Apr 20091,2392,14646.773.59$65,647
Mar 20091,7822,21042.144.06$84,064
Feb 20091,53755032.814.63$52,977
Jan 20092,1201,25535.865.37$82,764
Dec 20082,1582,60137.105.98$95,608
Nov 20082,6383,67755.496.86$171,608
Oct 20083,9524,50975.246.92$328,560
Sep 20085,9277,993101.767.88$666,093
Aug 20083,2312,835114.228.48$393,094
Jul 20085,0408,277131.0811.39$754,914
Jun 20080764131.3313.03$9,957

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                7,438 bbl  × $106.41 =   $791,478
Casinghead gas    24,017 Mcf  × $  3.05 =    $73,152

────────────────────────────────────────────────────
Month total                                 $864,630

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/38820 is the state's own key, not one this site invented.