FASKEN 9-16-21 UNIT 1

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 50527District 08Field 85280300OilCasinghead gasSave
Value, all time
$452.0 M
May 2018 – May 2026
Value, last 12 filed months
$48.3 M
at the published price for each month
Months reported
97
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
OilDisposition5,710,583 bbl$414,602,984
Casinghead gasProduction12,459,378 Mcf$37,420,309
Total$452,023,293

Wells on this lease (17)

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 31.9931, -101.7859. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.99287, -101.78675 · 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
5.9%
1 of 17 wells
With a plug date
0.0%
0 of 17 wells
Median depth
8,214 ft
17 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
15.9%
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.
1694.1%

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, 17 of 17 wells. Median 8,214 ft, with the middle half between 7,857 and 8,614 ft; the shallowest is 7,809 ft and the deepest 8,909 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, 17 of 17 wells, May 2018 – May 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2018 – May 2023
17 of 17 wells

17 wells

42-329457222538,646 ftMay 2023
42-329457231527,850 ftMay 2023
42-329457241618,222 ftMay 2023
42-329457251647,857 ftMay 2023
42-329457261718,248 ftMay 2023
42-329457271727,861 ftMay 2023
42-329457281848,231 ftMay 2023
42-329457181338,192 ftMay 2023
42-329457192438,632 ftMay 2023
42-329457201417,818 ftMay 2023
42-329457211448,198 ftMay 2023
42-329457171317,809 ftMay 2023
42-329457141137,814 ftMay 2023
42-329457151218,214 ftMay 2023
42-329457162328,614 ftMay 2023
42-329420372128,909 ftMay 2018Yes
42-329420362118,624 ftMay 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 (97)

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

97 months

May 202634,336201,236106.413.05$4,266,626
Apr 202638,979222,68598.932.87$4,495,236
Mar 202642,390234,91489.753.15$4,544,350
Feb 202634,805209,38963.503.75$2,995,393
Jan 202639,360234,89959.138.00$4,206,060
Dec 202544,529234,79456.664.41$3,559,244
Nov 202550,706249,41558.593.93$3,950,178
Oct 202554,402247,43359.383.30$4,048,117
Sep 202548,404216,03362.743.08$3,701,583
Aug 202550,887244,41263.933.01$3,990,049
Jul 202553,537253,65166.743.32$4,413,963
Jun 202549,816250,82166.483.13$4,096,516
May 202556,016270,97660.553.23$4,267,650
Apr 202559,928277,57962.363.54$4,720,606
Mar 202569,427299,27167.704.27$5,977,592
Feb 202565,466293,72770.884.34$5,915,252
Jan 202574,315312,20774.324.28$6,858,925
Dec 202488,055332,45568.993.12$7,112,630
Nov 202489,181315,30669.052.20$6,851,129
Oct 202488,774316,96971.372.28$7,058,933
Sep 202492,727318,39869.612.36$7,207,534
Aug 2024104,529346,57475.632.06$8,620,729
Jul 2024116,287348,41279.932.15$10,042,718
Jun 2024111,671318,82978.082.63$9,559,061
May 2024106,397299,66378.812.20$9,043,939
Apr 2024121,584322,90284.451.66$10,803,528
Mar 2024150,325366,06180.301.55$12,636,709
Feb 2024156,362338,27876.091.78$12,500,951
Jan 2024188,719347,51773.023.30$14,926,254
Dec 2023233,838417,45071.262.61$17,753,141
Nov 2023256,225428,19877.892.81$21,159,557
Oct 2023323,539460,01485.443.09$29,063,364
Sep 2023283,077366,92789.042.74$26,208,736
Aug 2023432,674417,76180.522.67$35,955,536
Jul 2023464,471384,10274.852.64$35,780,375
Jun 2023360,314296,06868.962.26$25,515,917
May 2023103,04596,42970.622.23$7,491,824
Apr 202358678.122.24$4,544
Mar 202390072.852.39$6,557
Feb 20231,15871575.112.47$88,740
Jan 20231,7511,07176.533.39$137,632
Dec 20222,1461,09876.415.73$170,266
Nov 20227731,03785.005.65$71,560
Oct 20222,6592,89187.185.86$248,764
Sep 20226,3679,16984.888.16$615,284
Aug 20226,7489,52794.529.13$724,775
Jul 20226,4447,843101.587.54$713,734
Jun 20225,4317,076115.097.98$681,500
May 20229,71416,138109.378.43$1,198,513
Apr 20229,82115,684104.226.84$1,130,786
Mar 20229,73114,948108.885.08$1,135,393
Feb 20228,62015,72291.054.86$861,242
Jan 20229,97117,48081.844.54$895,345
Dec 20218,97417,25171.323.90$707,289
Nov 202110,6232,26777.435.24$834,411
Oct 202111,92125,20679.795.71$1,095,200
Sep 20218,28420,59169.865.35$688,901
Aug 202111,28125,63966.024.22$852,983
Jul 202111,38623,26870.783.98$898,556
Jun 202111,24633,69269.493.38$895,384
May 202112,54324,63063.483.02$870,555
Apr 202112,84320,59060.362.76$831,999
Mar 202112,04816,55861.302.72$783,529
Feb 20216,0118,71457.805.55$395,781
Jan 202113,01222,27650.412.81$718,536
Dec 202013,76623,77544.642.68$678,123
Nov 202012,40918,54438.772.71$531,288
Oct 202013,93823,71436.972.48$574,061
Sep 202013,20423,30837.091.99$536,144
Aug 202014,45627,41839.982.39$643,346
Jul 202012,34720,35238.371.83$510,899
Jun 20207,31214,25334.901.69$279,281
May 202015,30523,93216.921.81$302,391
Apr 202017,55830,07214.751.80$313,242
Mar 202017,81127,95330.341.86$592,273
Feb 202017,27224,31649.881.98$909,689
Jan 202020,01839,11357.252.09$1,227,962
Dec 201921,06443,05459.012.30$1,342,199
Nov 201921,93042,03155.302.75$1,328,344
Oct 201923,14943,85453.472.42$1,343,840
Sep 201924,76544,87955.052.66$1,482,569
Aug 201926,47141,77153.112.30$1,502,130
Jul 201925,81835,48456.272.46$1,540,072
Jun 201929,06645,28152.782.49$1,646,908
May 201925,90540,95658.482.74$1,627,157
Apr 201922,89120,86762.632.75$1,491,062
Mar 201926,00226,92956.803.06$1,559,373
Feb 201924,16728,00850.852.79$1,307,096
Jan 201928,05234,83246.033.23$1,403,678
Dec 201829,25632,89446.594.19$1,500,713
Nov 201829,38130,87852.934.24$1,685,974
Oct 201833,94134,10061.443.40$2,201,210
Sep 201831,99629,56359.543.11$1,996,924
Aug 201836,57431,45659.403.07$2,268,957
Jul 201845,10939,07865.142.93$3,052,972
Jun 201851,04342,47760.183.08$3,202,466
May 201827,85621,39465.382.90$1,883,285

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               34,336 bbl  × $106.41 = $3,653,694
Casinghead gas   201,236 Mcf  × $  3.05 =   $612,933

────────────────────────────────────────────────────
Month total                               $4,266,626

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/50527 is the state's own key, not one this site invented.