FEE "AQ"

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

Oil lease lease 38965District 08Field 56822875OilCasinghead gasSaveExport
Value, all time
$4.0 M
May 2008 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
217
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 9 leases and 13 wells, and the rule below applies to all of them.

Discovered
1965-03-15
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition49,874 bbl$3,662,303
Casinghead gasProduction94,826 Mcf$382,724
Total$4,045,027

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 32.3451, -102.3465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34505, -102.34652 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,301 ft
1 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.
1100.0%

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 11,301 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-00310793111,301 ftApr 2009

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 (217)

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

217 months

May 20266911106.413.05$7,376
Apr 2026651498.932.87$6,471
Mar 202610089.753.15$898
Feb 2026101163.503.75$676
Jan 2026668859.138.00$4,606
Dec 2025195456.664.41$1,315
Nov 20255511058.593.93$3,654
Oct 20256615659.383.30$4,435
Sep 20258025062.743.08$5,788
Aug 20255441563.933.01$4,703
Jul 20254139566.743.32$4,046
Jun 20256228866.483.13$5,023
May 20255723360.553.23$4,204
Apr 202520226562.363.54$13,536
Mar 202521038767.704.27$15,869
Feb 20259520770.884.34$7,632
Jan 202513137774.324.28$11,349
Dec 202413018868.993.12$9,556
Nov 202401569.052.20$33
Oct 20241721271.372.28$12,303
Sep 202403669.612.36$85
Aug 2024831375.632.06$6,304
Jul 2024641479.932.15$5,146
Jun 2024180678.082.63$14,070
May 202413030478.812.20$10,914
Apr 202472984.451.66$6,095
Mar 202413434880.301.55$11,298
Feb 202419225776.091.78$15,068
Jan 20242351073.023.30$17,193
Dec 2023851271.262.61$6,088
Nov 20231931177.892.81$15,064
Oct 20233746385.443.09$4,591
Sep 202319233689.042.74$18,015
Aug 2023682880.522.67$5,550
Jul 20232198374.852.64$16,611
Jun 202310123468.962.26$7,493
May 20231181370.622.23$8,362
Apr 202301378.122.24$29
Mar 202313326472.852.39$10,321
Feb 20232221475.112.47$16,709
Jan 20239117276.533.39$7,547
Dec 202211226776.415.73$10,088
Nov 20221421585.005.65$12,155
Oct 202217929687.185.86$17,341
Sep 202213630284.888.16$14,009
Aug 2022211094.529.13$19,944
Jul 202211615101.587.54$11,896
Jun 2022271386115.097.98$34,269
May 2022115181109.378.43$14,104
Apr 2022012104.226.84$82
Mar 2022192269108.885.08$22,271
Feb 202216227691.054.86$16,091
Jan 202214030881.844.54$12,855
Dec 202122533871.323.90$17,365
Nov 20219625977.435.24$8,790
Oct 202115931579.795.71$14,486
Sep 20219118769.865.35$7,358
Aug 20216722766.024.22$5,381
Jul 202115928770.783.98$12,397
Jun 202118633369.493.38$14,051
May 202118822963.483.02$12,625
Apr 20217130060.362.76$5,113
Mar 202118526661.302.72$12,063
Feb 202110726257.805.55$7,638
Jan 202123932550.412.81$12,961
Dec 20206332144.642.68$3,671
Nov 202020236638.772.71$8,822
Oct 202016436136.972.48$6,958
Sep 202017334437.091.99$7,101
Aug 202019736239.982.39$8,739
Jul 202015542538.371.83$6,723
Jun 202019134634.901.69$7,251
May 202014832816.921.81$3,099
Apr 202017632914.751.80$3,190
Mar 202022033630.341.86$7,298
Feb 202013433849.881.98$7,353
Jan 202017336357.252.09$10,665
Dec 201919032459.012.30$11,959
Nov 201920931455.302.75$12,421
Oct 201919036553.472.42$11,042
Sep 201915234455.052.66$9,282
Aug 201911136953.112.30$6,746
Jul 201916136156.272.46$9,948
Jun 201917539752.782.49$10,226
May 201913937858.482.74$9,165
Apr 201915839562.632.75$10,982
Mar 201918936656.803.06$11,856
Feb 201912130750.852.79$7,010
Jan 201921651046.033.23$11,589
Dec 201818336546.594.19$10,054
Nov 201813640552.934.24$8,915
Oct 201817437261.443.40$11,955
Sep 201813942959.543.11$9,609
Aug 201817353159.403.07$11,905
Jul 201820535065.142.93$14,380
Jun 201812424260.183.08$8,207
May 201810632865.382.90$7,882
Apr 201818134763.842.90$12,562
Mar 201810836361.222.79$7,623
Feb 201827522261.782.77$17,604
Jan 201815725262.874.01$10,881
Dec 201726143757.272.92$16,224
Nov 201729734755.423.12$17,542
Oct 201724331649.292.98$12,920
Sep 201711329047.523.09$6,265
Aug 201720835045.373.00$10,489
Jul 201725230643.873.09$12,000
Jun 201714332642.493.09$7,083
May 201729227745.373.26$14,152
Apr 201710930447.933.21$6,201
Mar 201728931646.772.98$14,459
Feb 201717823850.452.95$9,683
Jan 201726833249.413.42$14,377
Dec 201622433748.763.72$12,177
Nov 201627124642.492.64$12,165
Oct 201627446346.193.09$14,087
Sep 201628727441.553.10$12,774
Aug 20162189241.442.92$9,303
Jul 201620530241.622.92$9,415
Jun 201625527945.352.69$12,314
May 201618428042.521.99$8,381
Apr 201616349936.561.99$6,953
Mar 201621151833.011.79$7,894
Feb 201623735326.472.06$7,002
Jan 201625633427.352.36$7,791
Dec 201520430632.362.00$7,214
Nov 201519926338.792.17$8,289
Oct 201526038343.552.43$12,252
Sep 201531739142.992.76$14,706
Aug 201517852240.162.87$8,648
Jul 201524216748.152.95$12,144
Jun 201519913056.152.88$11,549
May 201520013155.212.96$11,429
Apr 201516614649.822.71$8,665
Mar 201533614442.892.93$14,834
Feb 20152386944.662.98$10,834
Jan 20152743543.433.10$12,008
Dec 20142832854.693.59$15,578
Nov 201420159870.464.25$16,705
Oct 201427260678.303.90$23,662
Sep 201433664086.164.05$31,539
Aug 201422466689.394.04$22,711
Jul 201431662696.564.18$33,129
Jun 201425369398.164.74$28,117
May 201427161394.734.73$28,569
Apr 201426162095.944.81$28,022
Mar 201428250895.895.06$29,610
Feb 201418669597.406.19$22,420
Jan 201424871690.404.86$25,899
Dec 201320759891.824.35$21,611
Nov 201326768588.853.74$26,284
Oct 201322474497.423.78$24,634
Sep 2013264622104.113.72$29,797
Aug 2013290689104.253.52$32,660
Jul 2013233696102.523.72$26,475
Jun 201316563294.403.93$18,062
May 201322781794.834.15$24,916
Apr 201325871093.964.28$27,282
Mar 201324577993.623.91$25,985
Feb 201322672691.233.42$23,101
Jan 201322073691.603.42$22,669
Dec 201224069386.773.42$23,195
Nov 201224684086.953.62$24,435
Oct 201222476089.383.40$22,605
Sep 201225780394.672.92$26,674
Aug 201231687792.662.91$31,831
Jul 201230886285.133.02$28,824
Jun 201230657479.822.52$25,871
May 201225048991.612.49$24,119
Apr 2012256809101.652.00$27,638
Mar 2012257789105.052.22$28,751
Feb 2012350649101.102.57$37,053
Jan 201222280898.092.73$23,985
Dec 201131375996.873.24$32,779
Nov 201130168595.723.31$31,080
Oct 201125378684.983.65$24,368
Sep 201128380583.623.99$26,873
Aug 201126184183.404.15$25,257
Jul 201125588094.144.52$27,981
Jun 201127022792.904.64$26,136
May 201126184198.134.40$29,316
Apr 2011354868105.964.33$41,271
Mar 201127638996.364.06$28,174
Feb 201152266585.644.18$47,484
Jan 201146364286.504.59$42,996
Dec 201040261385.734.35$37,129
Nov 201036373580.843.80$32,134
Oct 201035683378.103.51$30,727
Sep 201036290872.633.98$29,905
Aug 201035880873.684.42$29,948
Jul 201034514772.554.74$25,726
Jun 201031842170.364.91$24,442
May 20103741,01471.124.24$30,893
Apr 20105381,13381.694.12$48,620
Mar 20103231,20578.394.39$30,608
Feb 20104891,12873.585.44$42,120
Jan 20104181,19674.365.96$38,216
Dec 20095501,37471.445.48$46,827
Nov 20093701,28574.593.75$32,419
Oct 200951755072.544.11$39,764
Sep 20095801,52365.543.06$42,681
Aug 20096771,75567.423.22$51,292
Jul 200944243561.133.46$28,527
Jun 200940644666.163.90$28,598
May 20095382,52854.743.93$39,374
Apr 200919310146.773.59$9,389
Mar 200930521542.144.06$13,725
Feb 200931025432.814.63$11,348
Jan 200937536935.865.37$15,429
Dec 200842243437.105.98$18,250
Nov 200838545655.496.86$24,492
Oct 200851149275.246.92$41,853
Sep 2008484588101.767.88$53,884
Aug 2008570808114.228.48$71,960
Jul 20087541,347131.0811.39$114,176
Jun 20081,4281,687131.3313.03$209,525
May 2008497125123.1711.57$62,662

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                   69 bbl  × $106.41 =     $7,342
Casinghead gas        11 Mcf  × $  3.05 =        $34

────────────────────────────────────────────────────
Month total                                   $7,376

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/38965 is the state's own key, not one this site invented.