U-TEXAS #36995-A/C 2

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

Oil lease lease 4039District 08Field 56822125Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$483 k
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 37 leases and 119 wells, and the rule below applies to all of them.

Discovered
1953-04-18
as the register files it
Field class
Oil
the register's own label
Between wells
1,220 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
OilDisposition303,515 bbl$13,419,845
Casinghead gasProduction207,625 Mcf$749,835
Total$14,169,680

18,032 Mcf of this lease's gas, across 47 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 (6)

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 32.3647, -102.3508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.36484, -102.35065 · 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%
3 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
13,856 ft
5 wells filed one
Completion to plug
32.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
350.0%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
350.0%

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 12,610 and 13,904 ft, median 13,856 ft, over the 5 wells that filed a depth.

Completions filed
Nov 1991 – Jan 2007
5 of 6 wells; 1 filed none
Plug dates filed
Oct 1978 – May 2024
2 of 6 wells; 4 filed none

Last completion to plug: a median of 32.5 years across the 1 well that filed both dates, with the middle half between 32.5 years and 32.5 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

6 wells

42-003037862 U
42-00303554113,904 ftJan 2007
42-00330814513,900 ftFeb 2004Yes
42-00338736612,610 ftMay 2001
42-00303791413,848 ftOct 1997Oct 1978Yes
42-003037773 T13,856 ftNov 1991May 2024Yes

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 2026573493106.413.05$62,475
Apr 202653443298.932.87$54,068
Mar 202652645389.753.15$48,635
Feb 202651844663.503.75$34,566
Jan 202643339259.138.00$28,738
Dec 202542538856.664.41$25,793
Nov 202565034958.593.93$39,454
Oct 202554827059.383.30$33,433
Sep 202559021962.743.08$37,690
Aug 202549842163.933.01$33,106
Jul 202561872766.743.32$43,655
Jun 202561718566.483.13$41,597
May 202561312060.553.23$37,505
Apr 202568922562.363.54$43,763
Mar 202569515467.704.27$47,709
Feb 202566228370.884.34$48,151
Jan 202581243974.324.28$62,226
Dec 20248673468.993.12$59,920
Nov 20246843869.052.20$47,314
Oct 202470219271.372.28$50,540
Sep 202438710769.612.36$27,192
Aug 202427919175.632.06$21,495
Jul 202450260479.932.15$41,421
Jun 202451849778.082.63$41,755
May 202447330278.812.20$37,941
Apr 202455841284.451.66$47,807
Mar 202445736780.301.55$37,264
Feb 202457529676.091.78$44,280
Jan 202455860373.023.30$42,734
Dec 202364742671.262.61$47,217
Nov 202349337177.892.81$39,441
Oct 202344749585.443.09$39,720
Sep 202352568489.042.74$48,617
Aug 202355241980.522.67$45,567
Jul 202365049074.852.64$49,947
Jun 202367756768.962.26$47,966
May 202365450270.622.23$47,304
Apr 202369446778.122.24$55,260
Mar 202372682672.852.39$54,866
Feb 202349361575.112.47$38,546
Jan 20231,12264176.533.39$88,038
Dec 202263390476.415.73$53,547
Nov 202258357885.005.65$52,819
Oct 202255468287.185.86$52,297
Sep 202252857884.888.16$49,535
Aug 202272648094.529.13$73,003
Jul 2022856613101.587.54$91,576
Jun 2022472271115.097.98$56,484
May 2022556310109.378.43$63,424
Apr 2022480293104.226.84$52,029
Mar 2022550172108.885.08$60,757
Feb 202244914291.054.86$41,571
Jan 202254750981.844.54$47,076
Dec 202156141671.323.90$41,633
Nov 202151964777.435.24$43,574
Oct 202156850579.795.71$48,206
Sep 202156639969.865.35$41,676
Aug 202153930066.024.22$36,851
Jul 202158846970.783.98$43,486
Jun 202152948669.493.38$38,403
May 202158328363.483.02$37,863
Apr 202183632760.362.76$51,363
Mar 202179854861.302.72$50,406
Feb 2021714857.805.55$4,370
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020113038.772.71$4,381
Oct 202055551636.972.48$21,797
Sep 202053037737.091.99$20,408
Aug 202027722939.982.39$11,621
Jul 202049252838.371.83$19,842
Jun 202032034934.901.69$11,758
May 202047444816.921.81$8,833
Apr 202053761414.751.80$9,029
Mar 202048576330.341.86$16,131
Feb 202054954249.881.98$28,458
Jan 202061546857.252.09$36,189
Dec 201953253559.012.30$32,626
Nov 201964654055.302.75$37,209
Oct 201951738053.472.42$28,563
Sep 201919721555.052.66$11,416
Aug 201960425953.112.30$32,675
Jul 201923514656.272.46$13,583
Jun 201976949652.782.49$41,823
May 201985666358.482.74$51,876
Apr 201939339662.632.75$25,703
Mar 2019825256.803.06$4,817
Feb 201936433050.852.79$19,431
Jan 201947628446.033.23$22,827
Dec 201848921846.594.19$23,695
Nov 20181614252.934.24$8,700
Oct 201833621761.443.40$21,381
Sep 20189510159.543.11$5,970
Aug 201864037959.403.07$39,178
Jul 201814714465.142.93$9,998
Jun 201889168560.183.08$55,728
May 201884970665.382.90$57,556
Apr 20181,11084163.842.90$73,302
Mar 20181,04688261.222.79$66,494
Feb 201878273661.782.77$50,348
Jan 201882785862.874.01$55,433
Dec 201784384557.272.92$50,747
Nov 201754439055.423.12$31,365
Oct 201738521449.292.98$19,615
Sep 20171257847.523.09$6,181
Aug 201733425445.373.00$15,917
Jul 201716918943.873.09$7,998
Jun 201738523642.493.09$17,087
May 201778743045.373.26$37,109
Apr 201772763947.933.21$36,897
Mar 201773565246.772.98$36,321
Feb 201734728050.452.95$18,333
Jan 201724423349.413.42$12,853
Dec 2016214948.763.72$1,206
Nov 2016203842.492.64$950
Oct 201617518746.193.09$8,661
Sep 201629127141.553.10$12,931
Aug 20162327741.442.92$9,839
Jul 20161968241.622.92$8,397
Jun 201650315845.352.69$23,235
May 201650613142.521.99$21,776
Apr 201651013636.561.99$18,916
Mar 201677721633.011.79$26,036
Feb 201684442926.472.06$23,226
Jan 201680434427.352.36$22,803
Dec 201553439932.362.00$18,079
Nov 201541228638.792.17$16,601
Oct 20153589343.552.43$15,817
Sep 201565710842.992.76$28,542
Aug 201566430540.162.87$27,542
Jul 201515015948.152.95$7,691
Jun 20157811056.152.88$4,697
May 20151049655.212.96$6,026
Apr 201544529849.822.71$22,976
Mar 201523914242.892.93$10,667
Feb 201511511744.662.98$5,484
Jan 201523514643.433.10$10,659
Dec 201439916854.693.59$22,425
Nov 201438411670.464.25$27,550
Oct 201439512178.303.90$31,401
Sep 201439714086.164.05$34,772
Aug 201448817689.394.04$44,333
Jul 201441111296.564.18$40,154
Jun 2014351098.164.74$34,454
May 20144654594.734.73$44,262
Apr 201443810795.944.81$42,536
Mar 20144428395.895.06$42,803
Feb 201446721697.406.19$46,823
Jan 20144979490.404.86$45,386
Dec 201354646991.824.35$52,176
Nov 201351024488.853.74$46,226
Oct 201337840097.423.78$38,337
Sep 2013352249104.113.72$37,572
Aug 2013584353104.253.52$62,125
Jul 2013450380102.523.72$47,547
Jun 201339315494.403.93$37,705
May 201358237094.834.15$56,726
Apr 201348223093.964.28$46,274
Mar 201369833993.623.91$66,673
Feb 201373232291.233.42$67,882
Jan 201378636791.603.42$73,253
Dec 201267943586.773.42$60,405
Nov 201269252586.953.62$62,073
Oct 201265847789.383.40$60,434
Sep 201270649994.672.92$68,293
Aug 201266449792.662.91$62,972
Jul 201245736285.133.02$39,998
Jun 201241220679.822.52$33,405
May 201255926491.612.49$51,867
Apr 2012760252101.652.00$77,757
Mar 201224776105.052.22$26,116
Feb 2012340101.102.57$3,437
Jan 201260648098.092.73$60,755
Dec 201163744696.873.24$63,151
Nov 20115093195.723.31$48,824
Oct 201144751384.983.65$39,858
Sep 201121958183.623.99$20,629
Aug 201118015083.404.15$15,634
Jul 201121210094.144.52$20,409
Jun 20117596492.904.64$70,808
May 201172013898.134.40$71,261
Apr 2011857235105.964.33$91,826
Mar 201183318196.364.06$81,002
Feb 20113533985.644.18$30,394
Jan 201187917186.504.59$76,818
Dec 201072315185.734.35$62,639
Nov 201087918980.843.80$71,776
Oct 201089527778.103.51$70,871
Sep 201070424872.633.98$52,118
Aug 201060114273.684.42$44,909
Jul 20107545272.554.74$54,949
Jun 201067316270.364.91$48,148
May 201034711271.124.24$25,153
Apr 20101986381.694.12$16,434
Mar 201018313178.394.39$14,920
Feb 201017913773.585.44$13,916
Jan 201037927174.365.96$29,799
Dec 200959030271.445.48$43,806
Nov 200968044774.593.75$52,398
Oct 200965711172.544.11$48,115
Sep 200963024165.543.06$42,029
Aug 200947219167.423.22$32,437
Jul 200961419561.133.46$38,209
Jun 200978410466.163.90$52,275
May 20091,04238754.743.93$58,558
Apr 200964939046.773.59$31,753
Mar 20098068742.144.06$34,318
Feb 200977223232.814.63$26,404
Jan 200987043835.865.37$33,551
Dec 20081,07528037.105.98$41,556
Nov 2008822055.496.86$45,613
Oct 2008766075.246.92$57,634
Sep 20088100101.767.88$82,426
Aug 20088160114.228.48$93,204
Jul 20087760131.0811.39$101,718
Jun 20086890131.3313.03$90,486
May 20086030123.1711.57$74,272
Apr 20084680110.3110.45$51,625
Mar 20084180101.909.66$42,594
Feb 20083982192.538.77$37,011
Jan 200843555190.388.21$43,837
Dec 2007275088.337.30$24,291
Nov 200767832991.677.29$64,551
Oct 200766437882.856.92$57,629
Sep 200746726875.846.24$37,091
Aug 200745823569.066.39$33,131
Jul 200750919770.906.39$37,347
Jun 200742731462.007.55$28,844
May 200736720458.747.85$23,158
Apr 200743524259.617.81$27,819
Mar 200746422056.927.30$28,017
Feb 200767232655.108.22$39,706
Jan 200776852850.306.73$42,182
Dec 200689253856.656.92$54,254
Nov 200681045254.207.62$47,345
Oct 200680048554.906.01$46,837
Sep 200674449360.085.04$47,183
Aug 200680451068.717.34$58,986
Jul 200670149069.376.34$51,736
Jun 20061,03564366.286.38$72,705
May 20061,05764666.016.42$73,923
Apr 200688254064.397.36$60,767
Mar 200697669556.707.08$60,262
Feb 20061,01165557.597.75$63,300
Jan 200696675960.598.93$65,310
Dec 20051,13884654.9413.42$73,871
Nov 200586766554.6910.59$54,458
Oct 200586980058.3413.80$61,734
Sep 200559648361.4512.08$42,458
Aug 200599880161.519.80$69,234
Jul 20051,18894255.697.84$73,548
Jun 20051,02362552.337.38$58,147
May 20051,3151,09445.226.65$66,741
Apr 200544922749.207.36$23,762
Mar 200538933350.377.15$21,977
Feb 20051229445.226.31$6,110
Jan 200541432343.166.32$19,910
Dec 200436832139.866.75$16,836
Nov 200444843345.286.33$23,027
Oct 200447843049.706.52$26,558
Sep 200440334443.245.28$19,243
Aug 200445242642.375.55$21,516
Jul 200444841138.286.08$19,650
Jun 200439536036.106.43$16,575
May 200443035837.486.49$18,441
Apr 200443842634.475.86$17,594
Mar 200453342434.365.53$20,659
Feb 200469048832.455.51$25,079
Jan 20041,1991,14432.036.30$45,611
Dec 20031,6271,42830.266.30$58,232
Nov 20031,3691,35028.804.60$45,631
Oct 20031,5221,43028.174.76$49,681
Sep 20031,2031,08526.314.75$36,804
Aug 200381767629.765.13$27,782
Jul 20031,1881,03329.415.17$40,281
Jun 200385774728.565.98$28,945
May 20031,4611,20426.595.97$46,039
Apr 20031,4001,22526.675.41$43,962
Mar 200386070031.146.10$31,048
Feb 200396086133.487.93$38,965
Jan 20031,2111,28430.315.58$43,873
Dec 20021,9391,80926.914.85$60,959
Nov 20021,4781,21724.664.14$41,482
Oct 20021,5861,53926.464.23$48,474
Sep 20021,8371,84227.443.64$57,103
Aug 20021,7441,41425.963.16$49,748
Jul 20021,6891,40024.583.06$45,802
Jun 20021,8111,61023.733.34$48,350
May 20022,2171,66124.663.58$60,624
Apr 20022,3711,82223.653.51$62,474
Mar 20022,0851,93122.003.10$51,861
Feb 20021,7841,71318.222.38$36,574
Jan 20021,9711,64017.172.38$37,738
Dec 20012,0971,68516.932.36$39,486
Nov 20011,6591,41318.072.41$33,377
Oct 20011,8471,44219.782.53$40,180
Sep 20011,7011,47424.262.25$44,585
Aug 20011,6451,39824.873.05$45,179
Jul 20012,0661,68623.933.20$54,830
Jun 20012,3521,93524.563.82$65,165
May 20011,7961,82025.524.31$53,673
Apr 20011,7721,34424.685.34$50,904
Mar 20011,28887424.545.38$36,307
Feb 20011,13070427.755.77$35,418
Jan 20011,08620727.478.40$31,571
Dec 20001,47726426.889.12$42,110
Nov 20001,37464532.215.66$47,906
Oct 20001,48175431.235.15$50,131
Sep 20001,45676231.875.19$50,355
Aug 20001,65897529.644.54$53,570
Jul 20001,3221,12628.534.09$42,322
Jun 20001,2901,10829.304.40$42,669
May 20001,12489027.263.68$33,915
Apr 20001,19496024.513.12$32,256
Mar 20001,3251,00728.422.86$40,536
Feb 20001,19186927.622.73$35,265
Jan 20001,26890625.272.48$34,290
Dec 19991,5941,09624.282.42$41,359
Nov 19991,5931,19823.192.43$39,858
Oct 19991,4561,05820.982.80$33,513
Sep 199980863521.752.62$19,237
Aug 19991,3951,09919.262.88$30,028
Jul 19991,28698817.892.37$25,350
Jun 19991,3661,08015.942.36$24,325
May 19991,47499515.792.32$25,584
Apr 19991,50351415.102.21$23,830
Mar 19991,5211,10412.471.84$20,996
Feb 19991,2358629.981.82$13,892
Jan 19991,4911,02610.381.90$17,426
Dec 19981,3508629.201.77$13,949
Nov 19981,36652310.892.19$16,019
Oct 19981,46999212.421.97$20,198
Sep 19981,3791,01212.592.08$19,469
Aug 19981,6001,25211.301.91$20,468
Jul 19981,6481,34411.742.24$22,354
Jun 19981,5321,09311.242.24$19,665
May 19981,5981,15212.622.21$22,708
Apr 19981,7411,08613.042.51$25,423
Mar 19981,7871,15612.802.31$25,543
Feb 19981,7571,73213.952.30$28,492
Jan 19981,9012,29014.702.15$32,879
Dec 19972,0532,27016.322.41$38,978
Nov 19971,7581,54518.193.09$36,749
Oct 19973,8753,99219.253.15$87,168
Sep 19974,3893,50217.742.95$88,209
Aug 19975,7301,10617.862.55$105,163
Jul 199742030417.582.25$8,067
Jun 199723120017.242.26$4,434
May 199724420918.972.31$5,111
Apr 199721819717.882.08$4,308
Mar 199723119718.951.94$4,759
Feb 199722619820.492.21$5,068
Jan 199724016323.483.54$6,212
Dec 199620518123.32$4,781
Nov 199627918921.97$6,130
Oct 199628528323.31$6,643
Sep 199628628322.22$6,355
Aug 199632132320.26$6,503
Jul 199628835219.55$5,630
Jun 199628737718.73$5,376
May 199630134219.43$5,848
Apr 199630733221.51$6,604
Mar 199627328819.38$5,291
Feb 199625141716.98$4,262
Jan 1996253017.07$4,319
Dec 199527435217.19$4,710
Nov 199529823616.00$4,768
Oct 199526522715.43$4,089
Sep 199530032916.18$4,854
Aug 199526535815.92$4,219
Jul 199526525115.24$4,039
Jun 199528928116.41$4,742
May 199525523517.56$4,478
Apr 19953105717.73$5,496
Mar 19953213816.44$5,277
Feb 19953803516.58$6,300
Jan 19953913115.92$6,225
Dec 19942214015.03$3,322
Nov 19942279115.90$3,609
Oct 199435726215.58$5,562
Sep 199434533415.29$5,275
Aug 199436935316.13$5,952
Jul 199434333317.56$6,023
Jun 199429137417.09$4,973
May 199430134115.88$4,780
Apr 199430933614.14$4,369
Mar 199430734412.46$3,825
Feb 199426527812.50$3,313
Jan 199434826712.66$4,406
Dec 199344430112.33$5,475
Nov 19931,1601,28614.49$16,808
Oct 199397291315.85$15,406
Sep 199396185215.03$14,444
Aug 19931,4971,04515.66$23,443
Jul 199365477215.46$10,111
Jun 19931,09684416.79$18,402
May 199382930817.68$14,657
Apr 19939599618.05$17,310
Mar 19931,67271218.14$30,330
Feb 19931,58955017.90$28,443
Jan 19931,8051,20316.93$30,559

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                  573 bbl  × $106.41 =    $60,973
Casinghead gas       493 Mcf  × $  3.05 =     $1,502

────────────────────────────────────────────────────
Month total                                  $62,475

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/4039 is the state's own key, not one this site invented.