FEE 'BQ'

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 47041District 08Field 85280300OilCasinghead gasSave
Value, all time
$209.3 M
Oct 2015 – May 2026
Value, last 12 filed months
$5.0 M
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,950,577 bbl$166,891,692
Casinghead gasProduction13,391,425 Mcf$42,404,815
Total$209,296,507

Wells on this lease (45)

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 32.0978, -102.2949. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.1 miles.

32.10022, -102.29387 · 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 45 wells
With a plug date
0.0%
0 of 45 wells
Median depth
11,510 ft
45 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.
45100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 45 of 45 wells. Median 11,510 ft, with the middle half between 11,498 and 11,540 ft; the shallowest is 11,440 ft and the deepest 11,955 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

10s

Last completion by decade, 45 of 45 wells, Oct 2015 – Aug 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2015 – Aug 2018
45 of 45 wells

45 wells

42-1354356331511,470 ftAug 2018
42-1354356231611,509 ftAug 2018
42-0034772731111,440 ftAug 2018
42-0034771131211,440 ftJul 2018
42-0034771430711,508 ftJul 2018
42-0034770630811,470 ftJul 2018
42-0034769131011,520 ftJul 2018
42-0034769030911,495 ftJul 2018
42-0034771030211,500 ftJul 2018
42-0034769930311,495 ftJul 2018
42-0034768930611,484 ftJul 2018
42-0034768830411,500 ftJul 2018
42-0034768730511,505 ftJun 2018
42-0034768630111,470 ftJun 2018
42-0034769231311,538 ftJun 2018
42-0034769331411,498 ftJun 2018
42-0034769831711,502 ftMay 2018
42-0034749341111,515 ftDec 2017
42-0034749641211,510 ftDec 2017
42-0034753140911,500 ftDec 2017
42-0034754941011,440 ftDec 2017
42-0034747740811,500 ftDec 2017
42-0034750640711,500 ftDec 2017
42-0034752740411,490 ftNov 2017
42-0034750740611,528 ftNov 2017
42-0034751840511,515 ftNov 2017
42-0034752040211,540 ftNov 2017
42-0034752640311,545 ftNov 2017
42-0034752240111,560 ftNov 2017
42-00346933250211,955 ftDec 2015
42-00346934250311,545 ftDec 2015
42-00346940250611,500 ftDec 2015
42-00346937251011,527 ftNov 2015
42-00346943250711,510 ftNov 2015
42-00346935250511,545 ftNov 2015
42-00346942251111,510 ftNov 2015
42-00346936251411,475 ftNov 2015
42-00346946250911,524 ftNov 2015
42-00346939251511,540 ftOct 2015
42-00346945251311,555 ftOct 2015
42-00346948251611,515 ftOct 2015
42-00346938250111,540 ftOct 2015
42-00346947251211,548 ftOct 2015
42-00346944250811,545 ftOct 2015
42-00346941250411,555 ftOct 2015

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 (128)

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

128 months

May 20265722,093106.413.05$67,241
Apr 20261311,33098.932.87$16,777
Mar 20261,5369,08089.753.15$166,453
Feb 20264,84621,31963.503.75$387,674
Jan 20266,44536,39659.138.00$672,185
Dec 20257,59739,04756.664.41$602,774
Nov 20256,69437,09758.593.93$537,861
Oct 20257,27437,49459.383.30$555,842
Sep 20256,16335,73962.743.08$496,633
Aug 20255,89632,08063.933.01$473,645
Jul 20254,96730,73166.743.32$433,377
Jun 20257,54941,88966.483.13$632,916
May 20259,30251,00460.553.23$728,097
Apr 20259,22749,49962.363.54$750,777
Mar 20259,46351,78667.704.27$861,684
Feb 20258,02746,68470.884.34$771,602
Jan 20259,78853,24674.324.28$955,267
Dec 20249,63754,25668.993.12$834,210
Nov 20249,59253,14469.052.20$779,162
Oct 202410,27657,04471.372.28$863,538
Sep 20249,97857,09669.612.36$829,564
Aug 20249,28458,64475.632.06$823,168
Jul 202410,02361,65279.932.15$933,480
Jun 20249,87857,16378.082.63$921,840
May 202410,35958,94278.812.20$945,973
Apr 20249,93957,72684.451.66$935,128
Mar 202410,75058,41280.301.55$953,479
Feb 20249,98655,69376.091.78$859,171
Jan 202411,37760,02673.023.30$1,028,694
Dec 202311,70456,37771.262.61$981,212
Nov 202310,39760,65977.892.81$980,126
Oct 202311,42465,58685.443.09$1,178,549
Sep 202310,91364,38289.042.74$1,147,781
Aug 202310,91067,07880.522.67$1,057,765
Jul 202311,16365,51174.852.64$1,008,618
Jun 202310,97164,23668.962.26$901,636
May 202312,24268,82570.622.23$1,017,831
Apr 202311,59665,46378.122.24$1,052,370
Mar 202312,30468,35772.852.39$1,059,936
Feb 202311,59759,25475.112.47$1,017,152
Jan 202313,15267,31776.533.39$1,234,574
Dec 202213,12067,97876.415.73$1,391,951
Nov 202212,01668,57985.005.65$1,408,571
Oct 202212,23273,36487.185.86$1,496,575
Sep 202212,28175,41284.888.16$1,658,051
Aug 202212,69080,38894.529.13$1,933,173
Jul 202212,95081,869101.587.54$1,932,924
Jun 202213,44580,423115.097.98$2,188,935
May 202213,65185,575109.378.43$2,214,667
Apr 202214,17383,082104.226.84$2,045,192
Mar 202214,64086,482108.885.08$2,033,020
Feb 202213,58980,24691.054.86$1,627,181
Jan 202216,19693,33481.844.54$1,749,000
Dec 202115,123107,55471.323.90$1,497,938
Nov 202115,25494,66277.435.24$1,676,848
Oct 202116,703102,64279.795.71$1,919,215
Sep 202116,816104,93569.865.35$1,736,265
Aug 202118,327102,52166.024.22$1,642,648
Jul 202115,54097,80670.783.98$1,489,393
Jun 202117,48298,94569.493.38$1,549,320
May 202119,347103,44663.483.02$1,540,313
Apr 202118,12698,05160.362.76$1,364,551
Mar 202118,813103,59361.302.72$1,434,693
Feb 202117,03296,72957.805.55$1,521,097
Jan 202120,385112,48950.412.81$1,343,732
Dec 202020,460115,58844.642.68$1,222,585
Nov 202020,570117,63738.772.71$1,115,892
Oct 202021,997128,29236.972.48$1,131,192
Sep 202022,138129,90237.091.99$1,079,739
Aug 202022,862141,56939.982.39$1,251,679
Jul 202029,839146,30138.371.83$1,411,939
Jun 202014,61594,31134.901.69$669,478
May 202021,633155,46516.921.81$648,160
Apr 202023,483174,90814.751.80$661,975
Mar 202028,375193,10030.341.86$1,219,336
Feb 202028,619193,77849.881.98$1,811,326
Jan 202033,487219,87157.252.09$2,377,703
Dec 201931,866209,91459.012.30$2,364,130
Nov 201933,796217,04855.302.75$2,465,953
Oct 201937,388224,17153.472.42$2,541,303
Sep 201933,520216,07855.052.66$2,419,456
Aug 201937,752241,31553.112.30$2,561,085
Jul 201942,764242,94156.272.46$3,003,980
Jun 201944,337224,10452.782.49$2,898,395
May 201946,396207,17358.482.74$3,280,958
Apr 201946,645180,85962.632.75$3,418,865
Mar 201950,800188,35856.803.06$3,462,211
Feb 201952,746178,54850.852.79$3,180,679
Jan 201963,285226,85446.033.23$3,645,334
Dec 201870,923230,35246.594.19$4,268,427
Nov 201874,050241,03052.934.24$4,940,768
Oct 201884,340230,33661.443.40$5,964,550
Sep 201894,943217,99959.543.11$6,330,447
Aug 201899,461223,28659.403.07$6,592,703
Jul 201867,294183,28465.142.93$4,920,898
Jun 201837,992136,82360.183.08$2,707,352
May 201834,423131,26565.382.90$2,631,349
Apr 201839,282139,34263.842.90$2,911,966
Mar 201849,042155,08161.222.79$3,434,537
Feb 201849,544144,17561.782.77$3,459,634
Jan 201864,125156,56162.874.01$4,659,242
Dec 201762,175145,70857.272.92$3,986,451
Nov 201726,25295,10655.423.12$1,751,461
Oct 20178,92472,36649.292.98$655,781
Sep 20178,7645047.523.09$416,620
Aug 20179,21980,32645.373.00$659,597
Jul 201710,24488,95043.873.09$724,018
Jun 201710,88392,40142.493.09$747,686
May 201711,867102,91745.373.26$874,265
Apr 201712,555109,08647.933.21$952,102
Mar 201714,362124,21346.772.98$1,042,323
Feb 201713,799119,10350.452.95$1,047,823
Jan 201717,341125,34049.413.42$1,285,331
Dec 201617,229121,85248.763.72$1,293,720
Nov 201618,310129,15842.492.64$1,119,531
Oct 201621,348135,40446.193.09$1,404,498
Sep 201621,608117,16341.553.10$1,261,092
Aug 201620,981101,44441.442.92$1,166,109
Jul 201622,37194,51241.622.92$1,207,466
Jun 201623,51579,91045.352.69$1,281,030
May 201626,89882,49942.521.99$1,307,962
Apr 201628,15481,68536.561.99$1,191,948
Mar 201636,35394,68633.011.79$1,369,880
Feb 201639,45990,43726.472.06$1,231,108
Jan 201657,174125,47527.352.36$1,860,377
Dec 201565,235129,55532.362.00$2,370,297
Nov 201532,92166,17638.792.17$1,420,431
Oct 20152,9848,82243.552.43$151,360

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                  572 bbl  × $106.41 =    $60,867
Casinghead gas     2,093 Mcf  × $  3.05 =     $6,375

────────────────────────────────────────────────────
Month total                                  $67,241

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/47041 is the state's own key, not one this site invented.