FEE 'CF'

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 51266District 08Field 85280300OilCasinghead gasSave
Value, all time
$502.3 M
Sep 2018 – May 2026
Value, last 12 filed months
$107.8 M
at the published price for each month
Months reported
93
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
OilDisposition6,876,222 bbl$471,316,166
Casinghead gasProduction9,933,610 Mcf$30,998,931
Total$502,315,097

Wells on this lease (23)

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 32.2770, -102.3026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 5.3 miles.

32.27139, -102.30020 · 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 23 wells
With a plug date
0.0%
0 of 23 wells
Median depth
9,615 ft
23 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.
23100.0%

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, 23 of 23 wells. Median 9,615 ft, with the middle half between 9,435 and 10,093 ft; the shallowest is 8,756 ft and the deepest 10,217 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, 23 of 23 wells, Sep 2018 – Nov 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
Sep 2018 – Nov 2023
23 of 23 wells

23 wells

42-00348707807MS8,990 ftNov 2023
42-00348704804LS9,610 ftNov 2023
42-00348708808LS9,607 ftNov 2023
42-00348705805WA9,828 ftNov 2023
42-00348706806WB10,149 ftNov 2023
42-00348709809WA9,873 ftNov 2023
42-00348710810WB10,155 ftNov 2023
42-00348622405WA9,830 ftOct 2023
42-00348623406WB10,180 ftOct 2023
42-00348626409WA9,844 ftOct 2023
42-00348627410WB10,209 ftOct 2023
42-00348621404LS9,589 ftOct 2023
42-00348624407MS9,000 ftOct 2023
42-00348625408LS9,615 ftOct 2023
42-00348620403MS8,981 ftOct 2023
42-00348703803MS8,964 ftDec 2022
42-003477531502LS9,522 ftOct 2018
42-003477871503LS9,347 ftOct 2018
42-003477891505MS8,756 ftOct 2018
42-003477521501WB10,094 ftOct 2018
42-003477881504WB10,091 ftOct 2018
42-00347702401WB10,217 ftSep 2018
42-00347703402LS9,558 ftSep 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 (93)

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

93 months

May 2026132,871189,534106.413.05$14,716,093
Apr 2026136,719186,84798.932.87$14,061,809
Mar 2026134,921278,20289.753.15$12,985,340
Feb 2026116,450123,21963.503.75$7,856,686
Jan 2026128,064218,62359.138.00$9,320,954
Dec 2025140,129214,09856.664.41$8,884,601
Nov 2025122,789183,13858.593.93$7,913,288
Oct 2025115,279191,35659.383.30$7,477,668
Sep 2025107,927176,68262.743.08$7,314,976
Aug 2025110,454154,84463.933.01$7,528,142
Jul 202583,15096,33966.743.32$5,868,814
Jun 202554,76266,30366.483.13$3,848,021
May 202536,89558,05560.553.23$2,421,645
Apr 202577,589143,91262.363.54$5,348,348
Mar 202597,834187,20267.704.27$7,422,400
Feb 202584,061131,51370.884.34$6,529,121
Jan 2025121,336210,87674.324.28$9,919,962
Dec 2024206,423276,63568.993.12$15,104,603
Nov 2024203,360274,44769.052.20$14,645,363
Oct 2024208,657262,92371.372.28$15,491,683
Sep 2024229,606308,74769.612.36$16,712,863
Aug 2024204,555240,55075.632.06$15,966,901
Jul 2024220,938283,50479.932.15$18,268,141
Jun 2024196,227226,83478.082.63$15,918,880
May 2024223,044293,99078.812.20$18,224,417
Apr 2024198,294238,05684.451.66$17,140,911
Mar 2024200,799235,78680.301.55$16,488,480
Feb 2024201,957236,97976.091.78$15,789,593
Jan 2024190,399215,29073.023.30$14,612,888
Dec 2023185,362216,79971.262.61$13,774,898
Nov 2023150,743172,43177.892.81$12,225,483
Oct 202340,17144,49085.443.09$3,569,563
Sep 20237,40317,38689.042.74$706,715
Aug 202310,78314,77280.522.67$907,731
Jul 202315,04012,10074.852.64$1,157,710
Jun 202318,02019,90268.962.26$1,287,607
May 202321,28629,25570.622.23$1,568,380
Apr 202319,89234,16178.122.24$1,630,407
Mar 202318,33335,12372.852.39$1,419,614
Feb 202315,94832,07475.112.47$1,276,939
Jan 202316,13734,74376.533.39$1,352,664
Dec 202216,57631,30776.415.73$1,445,932
Nov 202215,23324,13885.005.65$1,431,093
Oct 202215,77024,36887.185.86$1,517,717
Sep 202212,34221,68984.888.16$1,224,651
Aug 20229,22021,78694.529.13$1,070,319
Jul 20228,53623,718101.587.54$1,045,970
Jun 20228,43217,437115.097.98$1,109,537
May 202213,78725,810109.378.43$1,725,541
Apr 202224,43637,933104.226.84$2,806,091
Mar 202223,99841,935108.885.08$2,825,781
Feb 202221,73338,81791.054.86$2,167,395
Jan 202227,06646,15581.844.54$2,424,518
Dec 202124,84051,82271.323.90$1,973,649
Nov 202128,53264,26777.435.24$2,545,789
Oct 202130,22965,31079.795.71$2,785,145
Sep 202129,99461,79169.865.35$2,426,020
Aug 202132,35958,39566.024.22$2,382,803
Jul 202130,14953,28570.783.98$2,346,131
Jun 202128,87058,84069.493.38$2,205,092
May 202130,49356,61663.483.02$2,106,544
Apr 202129,65653,04260.362.76$1,936,348
Mar 202125,69145,87661.302.72$1,699,501
Feb 202121,43232,37657.805.55$1,418,390
Jan 202127,40145,27350.412.81$1,508,514
Dec 202024,80637,49044.642.68$1,207,643
Nov 202026,93756,83338.772.71$1,198,170
Oct 202036,43969,27236.972.48$1,518,836
Sep 202033,54051,02637.091.99$1,345,593
Aug 202036,55558,16439.982.39$1,600,196
Jul 202039,15562,89138.371.83$1,617,161
Jun 202038,37963,66234.901.69$1,447,036
May 202043,78467,14016.921.81$862,668
Apr 202044,02460,46314.751.80$758,452
Mar 202038,35758,18930.341.86$1,271,764
Feb 202042,74560,99249.881.98$2,252,926
Jan 202047,84470,74257.252.09$2,887,255
Dec 201952,80784,79959.012.30$3,311,548
Nov 201955,54294,66055.302.75$3,331,854
Oct 201953,82978,28753.472.42$3,067,577
Sep 201952,96092,79055.052.66$3,162,017
Aug 201967,580123,96453.112.30$3,874,831
Jul 201963,704112,08856.272.46$3,860,367
Jun 201968,107107,53952.782.49$3,862,589
May 201971,094108,06058.482.74$4,453,696
Apr 201983,017124,60562.632.75$5,542,106
Mar 2019100,154138,03056.803.06$6,111,409
Feb 2019116,787140,66850.852.79$6,331,395
Jan 2019112,588154,81846.033.23$5,682,206
Dec 201867,607111,08646.594.19$3,614,754
Nov 201851,00781,37852.934.24$3,044,619
Oct 201849,78771,31461.443.40$3,301,244
Sep 201815,70522,95459.543.11$1,006,417

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              132,871 bbl  × $106.41 = $14,138,803
Casinghead gas   189,534 Mcf  × $  3.05 =   $577,290

────────────────────────────────────────────────────
Month total                              $14,716,093

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/51266 is the state's own key, not one this site invented.