FEE "AV"

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 40938District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$126.9 M
Dec 2010 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
186
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
OilDisposition1,312,442 bbl$106,412,148
Casinghead gasProduction6,044,985 Mcf$20,466,664
Total$126,878,812

Wells on this lease (19)

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 32.0291, -102.2449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.02849, -102.24399 · 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 19 wells
With a plug date
0.0%
0 of 19 wells
Median depth
11,194 ft
19 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.
19100.0%

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, 19 of 19 wells. Median 11,194 ft, with the middle half between 11,171 and 11,199 ft; the shallowest is 10,848 ft and the deepest 11,220 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, 19 of 19 wells, Dec 2010 – Apr 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2010 – Apr 2014
19 of 19 wells

19 wells

42-32936720172911,180 ftApr 2014
42-32936721173211,190 ftMar 2014
42-32936727172611,161 ftNov 2013
42-32936726172811,195 ftDec 2012
42-32936724171211,205 ftDec 2011
42-32936725172011,220 ftNov 2011
42-32936735171311,195 ftNov 2011
42-32936736172111,194 ftOct 2011
42-32936733171811,195 ftOct 2011
42-32936722173111,180 ftSep 2011
42-32936731170511,194 ftAug 2011
42-32936723170411,180 ftAug 2011
42-32936732171411,205 ftJul 2011
42-32936729171011,205 ftJun 2011
42-32936743170811,154 ftApr 2011
42-32936728170211,203 ftFeb 2011
42-32936734171510,890 ftJan 2011
42-32936744170910,848 ftDec 2010
42-32936730171610,880 ftDec 2010

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 (186)

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

186 months

May 20266,02747,446106.413.05$785,846
Apr 20264,47540,69498.932.87$559,492
Mar 20264,03615,01189.753.15$409,507
Feb 20263962,86363.503.75$35,883
Jan 20266229,00459.138.00$108,792
Dec 20252,34526,37656.664.41$249,274
Nov 20252,45627,02058.593.93$249,989
Oct 20252,55229,82359.383.30$250,098
Sep 20253,31428,25462.743.08$294,856
Aug 20253,65428,28963.933.01$318,885
Jul 20253,59523,04866.743.32$316,339
Jun 20253,36919,83966.483.13$286,042
May 20253,65025,85560.553.23$304,579
Apr 20254,18223,71962.363.54$344,829
Mar 20252,29515,25067.704.27$220,463
Feb 20252612,86470.884.34$30,932
Jan 20254401,52874.324.28$39,239
Dec 20241,4807,38268.993.12$125,147
Nov 20242,04111,19669.052.20$165,545
Oct 20242,23311,63471.372.28$185,911
Sep 20242,42110,43669.612.36$193,200
Aug 20246278,77075.632.06$65,518
Jul 20246499,09279.932.15$71,391
Jun 20247579,06778.082.63$82,989
May 20241,4479,74278.812.20$135,455
Apr 20241,95612,12384.451.66$185,299
Mar 20242,30513,18980.301.55$205,470
Feb 20242,32712,43876.091.78$199,246
Jan 20242,57613,51473.023.30$232,664
Dec 20232,55312,77171.262.61$215,268
Nov 20232,26913,17077.892.81$213,708
Oct 20232,18913,81985.443.09$229,691
Sep 20232,37714,39089.042.74$251,005
Aug 20232,55115,23280.522.67$246,120
Jul 20231,88016,69974.852.64$184,833
Jun 20232,10014,04668.962.26$176,539
May 20232,23515,17470.622.23$191,634
Apr 20232,39812,71078.122.24$215,774
Mar 20232,43113,30272.852.39$208,932
Feb 20232,17512,39175.112.47$193,916
Jan 20232,44313,45176.533.39$232,531
Dec 20222,63713,63276.415.73$279,592
Nov 20222,50013,85385.005.65$290,717
Oct 20222,37613,29187.185.86$285,075
Sep 20222,34914,70184.888.16$319,397
Aug 20222,59516,02594.529.13$391,542
Jul 20222,34315,866101.587.54$357,665
Jun 20222,31214,957115.097.98$385,403
May 20222,45115,591109.378.43$399,545
Apr 20227,31415,086104.226.84$865,417
Mar 20222,69015,180108.885.08$369,947
Feb 20222,28115,49991.054.86$282,992
Jan 20222,96417,79581.844.54$323,322
Dec 20212,64918,35971.323.90$260,511
Nov 20211,81017,55077.435.24$232,055
Oct 20212,24016,96279.795.71$275,648
Sep 20212,32918,59769.865.35$262,215
Aug 20212,62319,91466.024.22$257,219
Jul 20212,71219,66170.783.98$270,247
Jun 20212,63418,96069.493.38$247,133
May 20212,82418,62363.483.02$235,466
Apr 20212,89518,18960.362.76$224,915
Mar 20212,60619,40161.302.72$212,459
Feb 20212,49918,49057.805.55$247,024
Jan 20212,81219,89550.412.81$197,663
Dec 20202,76220,69344.642.68$178,659
Nov 20204,60421,22038.772.71$235,931
Oct 20202,94119,99136.972.48$158,275
Sep 20202,66320,07337.091.99$138,737
Aug 20202,61821,21739.982.39$155,272
Jul 20202,59920,46438.371.83$137,073
Jun 20202,12519,58134.901.69$107,260
May 20202,83720,92316.921.81$85,972
Apr 20203,06220,64114.751.80$82,409
Mar 20202,50422,25330.341.86$117,278
Feb 20202,93317,32049.881.98$180,603
Jan 20201,85320,62757.252.09$149,292
Dec 20193,23721,37859.012.30$240,278
Nov 20193,40120,52955.302.75$244,544
Oct 20192,96222,55153.472.42$212,919
Sep 20192,60622,53255.052.66$203,334
Aug 20192,31821,22853.112.30$172,026
Jul 20192,45720,39556.272.46$188,428
Jun 20192,72722,28552.782.49$199,447
May 20193,43524,96858.482.74$269,299
Apr 20193,28221,71862.632.75$265,291
Mar 20192,69822,38856.803.06$221,801
Feb 20192,66821,68050.852.79$196,203
Jan 20193,11722,05446.033.23$214,670
Dec 20182,80821,49946.594.19$220,807
Nov 20182,64721,91552.934.24$232,965
Oct 20182,67622,85161.443.40$242,063
Sep 20183,63723,68759.543.11$290,166
Aug 20182,95223,47259.403.07$247,327
Jul 20183,22025,84265.142.93$285,516
Jun 20183,06520,52760.183.08$247,612
May 20183,06324,82065.382.90$272,257
Apr 20183,72625,06563.842.90$310,576
Mar 20183,34423,74161.222.79$270,882
Feb 20183,03022,24061.782.77$248,712
Jan 20183,70524,85962.874.01$332,601
Dec 20173,66425,37957.272.92$283,983
Nov 20173,37926,33255.423.12$269,377
Oct 20173,67527,20749.292.98$262,318
Sep 20173,76026,68447.523.09$261,056
Aug 20173,82227,77345.373.00$256,845
Jul 20173,79428,99543.873.09$255,958
Jun 20173,78928,80642.493.09$249,927
May 20174,37031,09045.373.26$299,726
Apr 20174,18927,72047.933.21$289,804
Mar 20174,15628,42946.772.98$279,199
Feb 20174,41931,31750.452.95$315,405
Jan 20174,50933,53449.413.42$337,436
Dec 20164,46038,25148.763.72$359,872
Nov 20164,05935,94242.492.64$267,510
Oct 20164,62138,54446.193.09$332,555
Sep 20164,63942,21041.553.10$323,628
Aug 20164,36044,28541.442.92$310,183
Jul 20164,63339,06441.622.92$307,062
Jun 20164,50238,52945.352.69$307,648
May 20164,88738,19542.521.99$283,843
Apr 20165,34637,36036.561.99$269,835
Mar 20165,48140,12633.011.79$252,914
Feb 20165,11337,87226.472.06$213,495
Jan 20165,90442,31227.352.36$261,515
Dec 20155,93040,98732.362.00$273,927
Nov 20155,38639,08338.792.17$293,629
Oct 20155,18841,86943.552.43$327,536
Sep 20154,96940,56642.992.76$325,515
Aug 20155,57642,40840.162.87$345,749
Jul 20155,48142,57548.152.95$389,297
Jun 20155,80442,21056.152.88$447,580
May 20156,25345,20955.212.96$478,841
Apr 20156,26244,55949.822.71$432,575
Mar 20156,58755,30042.892.93$444,806
Feb 20156,46445,04744.662.98$422,751
Jan 20157,57750,67143.433.10$486,181
Dec 20147,83351,67654.693.59$613,974
Nov 20147,35153,32770.464.25$744,689
Oct 20147,34157,50578.303.90$799,125
Sep 20147,20455,14486.164.05$843,778
Aug 20148,22859,42589.394.04$975,288
Jul 20148,11666,23396.564.18$1,060,508
Jun 201410,37365,38398.164.74$1,327,925
May 20149,68057,19294.734.73$1,187,308
Apr 201410,44255,83795.944.81$1,270,332
Mar 201410,97456,35295.895.06$1,337,258
Feb 20149,95655,85097.406.19$1,315,538
Jan 201411,29263,48090.404.86$1,329,355
Dec 201313,45568,28791.824.35$1,532,792
Nov 201311,31675,17988.853.74$1,286,467
Oct 201311,16276,80597.423.78$1,377,676
Sep 201313,03874,706104.113.72$1,635,124
Aug 201313,27458,481104.253.52$1,589,820
Jul 201311,02454,405102.523.72$1,332,444
Jun 201310,77256,42794.403.93$1,238,827
May 20139,72854,93194.834.15$1,150,419
Apr 201312,14555,09093.964.28$1,377,072
Mar 201311,97556,85493.623.91$1,343,562
Feb 201310,50047,71091.233.42$1,121,079
Jan 201313,12953,94491.603.42$1,387,100
Dec 201213,43650,21986.773.42$1,337,599
Nov 201213,04054,21786.953.62$1,330,362
Oct 201214,71759,87989.383.40$1,518,975
Sep 201216,84168,04594.672.92$1,792,920
Aug 201219,05177,44892.662.91$1,990,497
Jul 201220,31782,63085.133.02$1,979,195
Jun 201223,37681,32479.822.52$2,070,731
May 201227,05880,78091.612.49$2,679,790
Apr 201230,02088,505101.652.00$3,228,260
Mar 201234,48784,140105.052.22$3,809,825
Feb 201233,78575,757101.102.57$3,610,377
Jan 201243,85282,49798.092.73$4,526,996
Dec 201144,23680,76896.873.24$4,546,809
Nov 201137,13375,82495.723.31$3,805,445
Oct 201139,15658,95984.983.65$3,542,591
Sep 201131,30863,96883.623.99$2,872,939
Aug 201134,04857,78483.404.15$3,079,368
Jul 201138,02456,30294.144.52$3,833,909
Jun 201121,56332,31892.904.64$2,153,154
May 201114,40419,49298.134.40$1,499,323
Apr 201117,39023,632105.964.33$1,945,048
Mar 201123,99928,52096.364.06$2,428,259
Feb 201118,50718,70185.644.18$1,663,109
Jan 20117,5368,43286.504.59$690,557
Dec 20102625685.734.35$3,342

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                6,027 bbl  × $106.41 =   $641,333
Casinghead gas    47,446 Mcf  × $  3.05 =   $144,513

────────────────────────────────────────────────────
Month total                                 $785,846

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/40938 is the state's own key, not one this site invented.