FEE 'BV'

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 49973District 08Field 85280300OilCasinghead gasSave
Value, all time
$350.8 M
Dec 2017 – May 2026
Value, last 12 filed months
$95.3 M
at the published price for each month
Months reported
102
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
OilDisposition4,806,672 bbl$334,894,979
Casinghead gasProduction4,788,245 Mcf$15,932,272
Total$350,827,251

Wells on this lease (24)

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 32.1838, -102.2753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.2 miles.

32.19563, -102.27441 · 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 24 wells
With a plug date
0.0%
0 of 24 wells
Median depth
9,372 ft
24 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.
24100.0%

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, 24 of 24 wells. Median 9,372 ft, with the middle half between 9,131 and 9,816 ft; the shallowest is 8,635 ft and the deepest 9,999 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
20s

Last completion by decade, 24 of 24 wells, Jan 2018 – Oct 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2018 – Oct 2025
24 of 24 wells

24 wells

42-003490924611MS8,681 ftOct 2025
42-003490934612LS9,288 ftOct 2025
42-003490944613WA9,624 ftOct 2025
42-003490954614WB9,942 ftOct 2025
42-003487644603MS8,695 ftAug 2024
42-003487654604LS9,354 ftAug 2024
42-003487664605WA9,680 ftAug 2024
42-003487674606WB9,995 ftAug 2024
42-003487684607MS8,691 ftAug 2024
42-003487694608LS9,263 ftAug 2024
42-003487704609WA9,625 ftAug 2024
42-003487714610WB9,970 ftAug 2024
42-00348633607MS8,763 ftApr 2023
42-00348634608LS9,389 ftApr 2023
42-00348636610WB9,999 ftApr 2023
42-00348635609WA9,777 ftApr 2023
42-00348630604LS9,350 ftApr 2023
42-00348629603MS8,790 ftApr 2023
42-00348631605WA9,778 ftApr 2023
42-00348632606WB9,997 ftApr 2023
42-00347554602LS9,245 ftFeb 2018
42-00347529102LS9,271 ftFeb 2018
42-00347528101MS8,635 ftFeb 2018
42-00347530601WB9,931 ftJan 2018

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 (102)

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

102 months

May 2026120,242189,810106.413.05$13,373,082
Apr 2026131,413161,20298.932.87$13,463,293
Mar 2026135,752198,62589.753.15$12,809,300
Feb 2026138,308179,42663.503.75$9,455,463
Jan 2026152,501157,04759.138.00$10,273,433
Dec 2025164,044131,95756.664.41$9,877,107
Nov 2025104,78471,76058.593.93$6,421,056
Oct 202562,32856,58859.383.30$3,888,051
Sep 20258,1529,34762.743.08$540,216
Aug 202535,73850,48463.933.01$2,436,927
Jul 202597,70376,36166.743.32$6,773,850
Jun 202587,22460,17466.483.13$5,986,919
May 202591,47758,19260.553.23$5,727,028
Apr 202595,84060,01662.363.54$6,189,226
Mar 202598,17356,70867.704.27$6,888,360
Feb 202597,62670,02070.884.34$7,223,677
Jan 2025106,35480,70174.324.28$8,249,523
Dec 202487,70967,36868.993.12$6,261,324
Nov 202464,56151,12969.052.20$4,570,341
Oct 202460,93554,09871.372.28$4,472,350
Sep 202464,69955,70069.612.36$4,635,392
Aug 202416,98918,85975.632.06$1,323,796
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202444,22846,17178.812.20$3,587,113
Apr 202436,83770,49984.451.66$3,227,857
Mar 202442,381100,22580.301.55$3,558,055
Feb 2024110,66872,03376.091.78$8,549,209
Jan 2024110,14575,98473.023.30$8,293,357
Dec 202395,15940,32971.262.61$6,886,318
Nov 202396,37073,13677.892.81$7,711,593
Oct 2023116,75684,76385.443.09$10,237,320
Sep 2023125,04788,16389.042.74$11,375,314
Aug 2023142,09899,10980.522.67$11,706,637
Jul 2023152,266103,29674.852.64$11,669,997
Jun 2023117,077068.962.26$8,073,630
May 202390,16068,32570.622.23$6,519,286
Apr 202340,70027,22278.122.24$3,240,400
Mar 20237,0529,87672.852.39$537,373
Feb 20236,1597,73375.112.47$481,670
Jan 20236,8268,21676.533.39$550,227
Dec 202210,94314,55676.415.73$919,547
Nov 202211,11816,42085.005.65$1,037,741
Oct 202211,99515,65187.185.86$1,137,498
Sep 202211,40414,08184.888.16$1,082,924
Aug 202211,27916,26894.529.13$1,214,572
Jul 202212,58518,420101.587.54$1,417,309
Jun 202211,79616,662115.097.98$1,490,518
May 202213,01719,714109.378.43$1,589,918
Apr 202213,18319,313104.226.84$1,505,987
Mar 202212,53018,026108.885.08$1,455,774
Feb 202212,69822,18391.054.86$1,263,937
Jan 202213,90219,75981.844.54$1,227,400
Dec 202113,69118,75671.323.90$1,049,574
Nov 202112,99019,18277.435.24$1,106,269
Oct 202114,21319,53179.795.71$1,245,653
Sep 202113,53219,99069.865.35$1,052,310
Aug 202115,97023,67566.024.22$1,154,262
Jul 202114,98225,56570.783.98$1,162,228
Jun 202113,25019,51569.493.38$986,715
May 202116,08823,80463.483.02$1,093,099
Apr 202115,99921,93460.362.76$1,026,203
Mar 202116,44621,05661.302.72$1,065,348
Feb 202114,37520,29657.805.55$943,476
Jan 202117,59622,85550.412.81$951,243
Dec 202017,48922,74144.642.68$841,552
Nov 202017,48622,41238.772.71$738,592
Oct 202019,51025,37736.972.48$784,180
Sep 202018,29820,94037.091.99$720,365
Aug 202019,13220,75139.982.39$814,391
Jul 202012,15519,42338.371.83$501,837
Jun 202015,91021,00834.901.69$590,769
May 202020,30624,05716.921.81$387,235
Apr 202019,84724,04614.751.80$336,131
Mar 202021,31226,81630.341.86$696,383
Feb 202019,65223,30049.881.98$1,026,391
Jan 202022,75028,32957.252.09$1,361,779
Dec 201924,20231,60959.012.30$1,500,999
Nov 201923,72833,27555.302.75$1,403,688
Oct 201927,45440,35953.472.42$1,565,575
Sep 201928,47941,68955.052.66$1,678,548
Aug 201930,28944,59153.112.30$1,711,403
Jul 201932,27646,34756.272.46$1,930,187
Jun 201933,40243,99952.782.49$1,872,568
May 201934,68341,28258.482.74$2,141,388
Apr 201933,72437,85962.632.75$2,216,273
Mar 201934,28836,59256.803.06$2,059,607
Feb 201919,83516,09750.852.79$1,053,556
Jan 201922320746.033.23$10,933
Dec 20181115046.594.19$5,381
Nov 201825,96935,29652.934.24$1,524,097
Oct 201846,72576,66561.443.40$3,131,298
Sep 201855,03495,40459.543.11$3,573,240
Aug 201855,05581,21159.403.07$3,519,305
Jul 201855,01180,80465.142.93$3,820,324
Jun 201865,84391,93560.183.08$4,245,308
May 201878,38588,97665.382.90$5,382,913
Apr 201881,59277,46363.842.90$5,433,538
Mar 201852,20652,45461.222.79$3,342,232
Feb 201835,67536,40061.782.77$2,304,688
Jan 201820,56220,61762.874.01$1,375,393
Dec 201711057.272.92$630

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              120,242 bbl  × $106.41 = $12,794,951
Casinghead gas   189,810 Mcf  × $  3.05 =   $578,131

────────────────────────────────────────────────────
Month total                              $13,373,082

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/49973 is the state's own key, not one this site invented.