FEE -A-

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

Oil lease lease 4045District 08Field 56822250Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$140 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 15 leases and 41 wells, and the rule below applies to all of them.

Discovered
1952-05-16
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 40 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.

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
OilDisposition161,236 bbl$7,664,234
Casinghead gasProduction99,378 Mcf$268,202
Total$7,932,436

17,655 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 (2)

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 32.3606, -102.3447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.36057, -102.34472 · 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%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
13,872 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
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 13,872 ft.

Plug dates filed
Mar 1996
1 of 2 wells; 1 filed none

2 wells

42-00301232213,872 ftMar 1996Yes
42-003013521X

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 2026125191106.413.05$13,883
Apr 202615727898.932.87$16,330
Mar 202629841989.753.15$28,065
Feb 20267817763.503.75$5,617
Jan 20262026659.138.00$12,472
Dec 2025568156.664.41$3,530
Nov 20251125758.593.93$6,786
Oct 20251496659.383.30$9,066
Sep 202524144162.743.08$16,477
Aug 202511825963.933.01$8,325
Jul 202515323766.743.32$10,997
Jun 202512024366.483.13$8,738
May 20256317560.553.23$4,380
Apr 202515322662.363.54$10,342
Mar 202518533967.704.27$13,971
Feb 20258720370.884.34$7,048
Jan 202512036074.324.28$10,459
Dec 202412513068.993.12$9,030
Nov 202414425969.052.20$10,513
Oct 20248727971.372.28$6,846
Sep 202411523769.612.36$8,566
Aug 20245932075.632.06$5,123
Jul 20245329579.932.15$4,870
Jun 20241691,17878.082.63$16,298
May 20247933978.812.20$6,971
Apr 20243034784.451.66$3,109
Mar 202417741280.301.55$14,850
Feb 202412928476.091.78$10,322
Jan 202413833373.023.30$11,175
Dec 2023711,32671.262.61$8,521
Nov 202318918177.892.81$15,229
Oct 202335637085.443.09$31,559
Sep 202320526989.042.74$18,989
Aug 20236831880.522.67$6,325
Jul 202321626774.852.64$16,873
Jun 202310321368.962.26$7,584
May 202313110670.622.23$9,487
Apr 20231339078.122.24$10,591
Mar 202316034372.852.39$12,477
Feb 202328336175.112.47$22,146
Jan 20231358676.533.39$10,623
Dec 202215839376.415.73$14,324
Nov 202218923185.005.65$17,369
Oct 202222131187.185.86$21,090
Sep 202218030284.888.16$17,744
Aug 202227332594.529.13$28,770
Jul 2022160348101.587.54$18,877
Jun 2022309386115.097.98$38,642
May 2022115180109.378.43$14,096
Apr 202242350104.226.84$6,770
Mar 2022193245108.885.08$22,258
Feb 202219225191.054.86$18,701
Jan 202216828081.844.54$15,020
Dec 202128827771.323.90$21,620
Nov 202113625977.435.24$11,887
Oct 202132330779.795.71$27,526
Sep 202132827569.865.35$24,386
Aug 202113028466.024.22$9,781
Jul 202137334870.783.98$27,787
Jun 202137133369.493.38$26,907
May 202136725363.483.02$24,061
Apr 202113135960.362.76$8,897
Mar 202134429461.302.72$21,886
Feb 202120233457.805.55$13,529
Jan 202163535250.412.81$33,000
Dec 202012734844.642.68$6,600
Nov 202040839538.772.71$16,887
Oct 202033736136.972.48$13,354
Sep 202037439637.091.99$14,660
Aug 202038445239.982.39$16,430
Jul 202029011838.371.83$11,343
Jun 202024939934.901.69$9,365
May 20204627416.921.81$1,276
Apr 202021313714.751.80$3,389
Mar 202051642030.341.86$16,435
Feb 202031442249.881.98$16,498
Jan 202041245457.252.09$24,538
Dec 201946744159.012.30$28,574
Nov 201949942955.302.75$28,775
Oct 201946745653.472.42$26,073
Sep 201939846955.052.66$23,156
Aug 201932849253.112.30$18,554
Jul 201941849256.272.46$24,731
Jun 201941745752.782.49$23,148
May 201935347158.482.74$21,934
Apr 201940945462.632.75$26,864
Mar 201946345756.803.06$27,698
Feb 201930238550.852.79$16,432
Jan 201957916446.033.23$27,181
Dec 201851849846.594.19$26,218
Nov 201840550652.934.24$23,581
Oct 201847355761.443.40$30,954
Sep 201835953659.543.11$23,041
Aug 201840257059.403.07$25,627
Jul 201849758365.142.93$34,084
Jun 201837945360.183.08$24,202
May 201833154665.382.90$23,225
Apr 201861265063.842.90$40,956
Mar 201830568061.222.79$20,567
Feb 201863963461.782.77$41,231
Jan 201830783862.874.01$22,661
Dec 201749067357.272.92$30,028
Nov 201748977155.423.12$29,505
Oct 201738270349.292.98$20,926
Sep 201718272347.523.09$10,881
Aug 201734978045.373.00$18,178
Jul 201752880243.873.09$25,639
Jun 201722168942.493.09$11,517
May 201745392245.373.26$23,561
Apr 201718470947.933.21$11,096
Mar 201733266446.772.98$17,509
Feb 201737965350.452.95$21,049
Jan 201738266649.413.42$21,152
Dec 201627774948.763.72$16,295
Nov 201635170142.492.64$16,768
Oct 201633929346.193.09$16,564
Sep 201636263941.553.10$17,022
Aug 201625255041.442.92$12,051
Jul 201630243841.622.92$13,850
Jun 201643858945.352.69$21,445
May 201630566542.521.99$14,293
Apr 201626455436.561.99$10,755
Mar 201625351833.011.79$9,281
Feb 201624435326.472.06$7,187
Jan 201651240327.352.36$14,956
Dec 201540845832.362.00$14,120
Nov 201544535138.792.17$18,022
Oct 201546751143.552.43$21,578
Sep 201540743642.992.76$18,700
Aug 201514752240.162.87$7,403
Jul 201545946748.152.95$23,476
Jun 20152971,30056.152.88$20,424
May 20154071,30855.212.96$26,336
Apr 20154631,46949.822.71$27,043
Mar 20154831,43842.892.93$24,936
Feb 201536167844.662.98$18,140
Jan 201548278543.433.10$23,367
Dec 201466244654.693.59$37,807
Nov 201430229970.464.25$22,550
Oct 201438530278.303.90$31,324
Sep 201448226886.164.05$42,613
Aug 201433327889.394.04$30,889
Jul 201446226196.564.18$45,702
Jun 201439828998.164.74$40,437
May 201436812894.734.73$35,466
Apr 20143535295.944.81$34,117
Mar 201440836495.895.06$40,964
Feb 201433838797.406.19$35,318
Jan 20143425990.404.86$31,204
Dec 20133105091.824.35$28,682
Nov 20134275788.853.74$38,152
Oct 20133976297.423.78$38,910
Sep 201350752104.113.72$52,977
Aug 201351663104.253.52$54,015
Jul 201339258102.523.72$40,403
Jun 20132826394.403.93$26,869
May 20134096994.834.15$39,072
Apr 20134218293.964.28$39,908
Mar 20132716493.623.91$25,621
Feb 20133806191.233.42$34,876
Jan 20134276191.603.42$39,322
Dec 20124865386.773.42$42,351
Nov 20125147086.953.62$44,946
Oct 20124506489.383.40$40,439
Sep 20124906794.672.92$46,584
Aug 20124957492.662.91$46,082
Jul 20124847185.133.02$41,417
Jun 20124495579.822.52$35,978
May 20123974991.612.49$36,491
Apr 201244674101.652.00$45,484
Mar 201249560105.052.22$52,133
Feb 201248264101.102.57$48,895
Jan 20122997398.092.73$29,529
Dec 20114376096.873.24$42,527
Nov 20114054995.723.31$38,929
Oct 201131712684.983.65$27,398
Sep 20114085783.623.99$34,344
Aug 20114025983.404.15$33,772
Jul 20113816394.144.52$36,152
Jun 20113691692.904.64$34,354
May 20113995998.134.40$39,414
Apr 201152061105.964.33$55,364
Mar 20113722696.364.06$35,951
Feb 20115586085.644.18$48,038
Jan 20114776486.504.59$41,554
Dec 20103756185.734.35$32,414
Nov 20103486480.843.80$28,375
Oct 20103616378.103.51$28,415
Sep 20103806272.633.98$27,846
Aug 20104196573.684.42$31,159
Jul 2010327072.554.74$23,724
Jun 2010148070.364.91$10,413
May 20103976371.124.24$28,501
Apr 20105426181.694.12$44,527
Mar 20103376578.394.39$26,703
Feb 20104356173.585.44$32,339
Jan 20103516474.365.96$26,482
Dec 20094237671.445.48$30,636
Nov 20092956274.593.75$22,237
Oct 20093163672.544.11$23,071
Sep 20093556265.543.06$23,457
Aug 20094406467.423.22$29,871
Jul 20092673161.133.46$16,429
Jun 20092381366.163.90$15,797
May 20094146354.743.93$22,910
Apr 20093653046.773.59$17,179
Mar 20093894942.144.06$16,591
Feb 20093295932.814.63$11,068
Jan 20093688535.865.37$13,653
Dec 20083876237.105.98$14,728
Nov 20083476555.496.86$19,701
Oct 20084016275.246.92$30,600
Sep 200835559101.767.88$36,590
Aug 200838965114.228.48$44,983
Jul 200841762131.0811.39$55,367
Jun 200846461131.3313.03$61,732
May 2008521113123.1711.57$65,479
Apr 2008479132110.3110.45$54,219
Mar 20089280101.909.66$94,563
Feb 2008311092.538.77$28,777
Jan 2008796090.388.21$71,942
Dec 20072088.337.30$177
Nov 2007787091.677.29$72,144
Oct 20070082.856.92$0
Sep 2007768075.846.24$58,245
Aug 20070069.066.39$0
Jul 2007785070.906.39$55,657
Jun 2007788062.007.55$48,856
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007753056.927.30$42,861
Feb 2007783055.108.22$43,143
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006773054.207.62$41,897
Oct 20060054.906.01$0
Sep 2006774060.085.04$46,502
Aug 2006776068.717.34$53,319
Jul 20060069.376.34$0
Jun 2006766066.286.38$50,770
May 2006689066.016.42$45,481
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006692057.597.75$39,852
Jan 2006773060.598.93$46,836
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005734058.3413.80$42,822
Sep 20050061.4512.08$0
Aug 2005763061.519.80$46,932
Jul 2005777055.697.84$43,271
Jun 20050052.337.38$0
May 2005777045.226.65$35,136
Apr 20050349.207.36$22
Mar 20057911450.377.15$39,943
Feb 20057781145.226.31$35,251
Jan 200502343.166.32$145
Dec 20047663139.866.75$30,742
Nov 20047353245.286.33$33,483
Oct 200402249.706.52$143
Sep 20047653243.245.28$33,248
Aug 20047674742.375.55$32,759
Jul 200403038.286.08$183
Jun 20047344936.106.43$26,813
May 200404537.486.49$292
Apr 20047655834.475.86$26,709
Mar 200478213034.365.53$27,588
Feb 2004010532.455.51$579
Jan 200457211632.036.30$19,052
Dec 20038009430.266.30$24,800
Nov 200309828.804.60$450
Oct 200377811628.174.76$22,468
Sep 2003011326.314.75$537
Aug 20037138929.765.13$21,675
Jul 20037418329.415.17$22,222
Jun 200378111628.565.98$22,999
May 2003012326.595.97$735
Apr 200379013626.675.41$21,805
Mar 200374814031.146.10$24,146
Feb 2003012933.487.93$1,022
Jan 200377412430.315.58$24,152
Dec 20027757826.914.85$21,234
Nov 200209824.664.14$405
Oct 200277513226.464.23$21,065
Sep 2002012427.443.64$451
Aug 200276213425.963.16$20,206
Jul 200276711724.583.06$19,211
Jun 2002011523.733.34$384
May 200275012124.663.58$18,929
Apr 20027767423.653.51$18,612
Mar 2002012122.003.10$375
Feb 20027629318.222.38$14,105
Jan 200279612817.172.38$13,971
Dec 2001013616.932.36$322
Nov 200178213418.072.41$14,453
Oct 200106019.782.53$152
Sep 20017683624.262.25$18,713
Aug 20017662824.873.05$19,136
Jul 200102923.933.20$93
Jun 20017682924.563.82$18,973
May 20017843225.524.31$20,146
Apr 200105924.685.34$315
Mar 20017769524.545.38$19,554
Feb 20017937527.755.77$22,438
Jan 200102427.478.40$202
Dec 20007958926.889.12$22,182
Nov 2000011832.215.66$668
Oct 200078612631.235.15$25,195
Sep 200077313731.875.19$25,346
Aug 200008829.644.54$400
Jul 200078110128.534.09$22,695
Jun 20007639829.304.40$22,787
May 200004127.263.68$151
Apr 20001,4607024.513.12$36,003
Mar 2000012528.422.86$357
Feb 200077613227.622.73$21,793
Jan 2000014325.272.48$355
Dec 199977517224.282.42$19,234
Nov 199978125923.192.43$18,742
Oct 1999026420.982.80$740
Sep 199977924421.752.62$17,582
Aug 199978222819.262.88$15,717
Jul 1999025617.892.37$607
Jun 199977624515.942.36$12,948
May 199977425615.792.32$12,816
Apr 1999025615.102.21$565
Mar 199978319012.471.84$10,113
Feb 199901679.981.82$304
Jan 199978322010.381.90$8,546
Dec 19987792159.201.77$7,548
Nov 1998113510.892.19$306
Oct 199878922712.421.97$10,246
Sep 199876624912.592.08$10,163
Aug 1998023111.301.91$441
Jul 199864516111.742.24$7,933
Jun 1998013611.242.24$304
May 199878425112.622.21$10,448
Apr 199879925813.042.51$11,065
Mar 1998026712.802.31$617
Feb 199878823913.952.30$11,542
Jan 199877621014.702.15$11,860
Dec 1997011016.322.41$265
Nov 1997010118.193.09$312
Oct 199777619619.253.15$15,555
Sep 199771022117.742.95$13,248
Aug 1997023117.862.55$590
Jul 199777528317.582.25$14,260
Jun 199766332317.242.26$12,159
May 1997030518.972.31$704
Apr 199768930517.882.08$12,955
Mar 199773030818.951.94$14,431
Feb 199780024220.492.21$16,926
Jan 1997026223.483.54$927
Dec 199662925923.32$14,668
Nov 199678322321.97$17,203
Oct 199677229223.31$17,995
Sep 1996031622.22$0
Aug 199677836420.26$15,762
Jul 1996037019.55$0
Jun 199677032818.73$14,422
May 199672028419.43$13,990
Apr 199678532121.51$16,885
Mar 1996035019.38$0
Feb 199678540616.98$13,329
Jan 199680339717.07$13,707
Dec 1995031317.19$0
Nov 199579428316.00$12,704
Oct 1995036415.43$0
Sep 199578740816.18$12,734
Aug 199579042615.92$12,577
Jul 199577939315.24$11,872
Jun 1995040516.41$0
May 199578437017.56$13,767
Apr 199578338317.73$13,883
Mar 1995038916.44$0
Feb 199578434516.58$12,999
Jan 199579230515.92$12,609
Dec 199477528315.03$11,648
Nov 1994034115.90$0
Oct 199478932615.58$12,293
Sep 199475935115.29$11,605
Aug 1994032816.13$0
Jul 199477139217.56$13,539
Jun 199477041117.09$13,159
May 199477640615.88$12,323
Apr 1994053014.14$0
Mar 199479049312.46$9,843
Feb 1994029412.50$0
Jan 199475433312.66$9,546
Dec 199376334812.33$9,408
Nov 1993032614.49$0
Oct 199378736715.85$12,474
Sep 199375835815.03$11,393
Aug 1993037815.66$0
Jul 199376946015.46$11,889
Jun 199376040516.79$12,760
May 199376541617.68$13,525
Apr 1993047018.05$0
Mar 199378146518.14$14,167
Feb 199378440117.90$14,034
Jan 199377947916.93$13,188

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                  125 bbl  × $106.41 =    $13,301
Casinghead gas       191 Mcf  × $  3.05 =       $582

────────────────────────────────────────────────────
Month total                                  $13,883

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/4045 is the state's own key, not one this site invented.