DAVID FASKEN -N- DEEP

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the INEZ (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51897District 08Field 44521340OilCasinghead gasSaveExport
Value, all time
$183 k
Jun 2019 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
84
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 7 leases and 19 wells, and the rule below applies to all of them.

Discovered
1985-12-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
300 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-06-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 03/01/2020.

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
OilDisposition2,518 bbl$176,009
Casinghead gasProduction2,759 Mcf$6,936
Total$182,946

Wells on this lease (2)

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 32.1486, -102.3987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.14858, -102.39865 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
12,878 ft
2 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.
2100.0%

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

Between 12,565 and 13,190 ft, median 12,878 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1989 – Dec 2015
2 of 2 wells

2 wells

42-00310058612,565 ftDec 2015
42-00304395513,190 ftApr 1989

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 (84)

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

84 months

May 20262324106.413.05$2,521
Apr 2026123898.932.87$1,296
Mar 20265489.753.15$461
Feb 20261163.503.75$67
Jan 202641159.138.00$325
Dec 202551556.664.41$350
Nov 202542658.593.93$336
Oct 202562659.383.30$442
Sep 202551562.743.08$360
Aug 20257163.933.01$451
Jul 20259866.743.32$627
Jun 202510466.483.13$677
May 202520660.553.23$1,230
Apr 202524062.363.54$1,497
Mar 202539967.704.27$2,679
Feb 2025491770.884.34$3,547
Jan 2025692674.324.28$5,239
Dec 2024641268.993.12$4,453
Nov 202439069.052.20$2,693
Oct 202431071.372.28$2,212
Sep 202441069.612.36$2,854
Aug 202452075.632.06$3,933
Jul 20240079.932.15$0
Jun 202441078.082.63$3,201
May 202451078.812.20$4,019
Apr 202449084.451.66$4,138
Mar 202464080.301.55$5,139
Feb 202442076.091.78$3,196
Jan 202442073.023.30$3,067
Dec 202350071.262.61$3,563
Nov 202348077.892.81$3,739
Oct 202315085.443.09$1,282
Sep 202327089.042.74$2,404
Aug 202341080.522.67$3,301
Jul 202342074.852.64$3,144
Jun 202344068.962.26$3,034
May 202347070.622.23$3,319
Apr 202339078.122.24$3,047
Mar 202353072.852.39$3,861
Feb 202340075.112.47$3,004
Jan 202342076.533.39$3,214
Dec 202240076.415.73$3,056
Nov 202230085.005.65$2,550
Oct 202235087.185.86$3,051
Sep 202233084.888.16$2,801
Aug 202240094.529.13$3,781
Jul 2022280101.587.54$2,844
Jun 2022190115.097.98$2,187
May 2022320109.378.43$3,500
Apr 2022260104.226.84$2,710
Mar 2022300108.885.08$3,266
Feb 202213091.054.86$1,184
Jan 202226081.844.54$2,128
Dec 202131071.323.90$2,211
Nov 202128077.435.24$2,168
Oct 202126079.795.71$2,075
Sep 202134069.865.35$2,375
Aug 202137066.024.22$2,443
Jul 202122070.783.98$1,557
Jun 202115069.493.38$1,042
May 202123063.483.02$1,460
Apr 202125060.362.76$1,509
Mar 202124061.302.72$1,471
Feb 202115057.805.55$867
Jan 202127050.412.81$1,361
Dec 202032044.642.68$1,428
Nov 202034038.772.71$1,318
Oct 202023036.972.48$850
Sep 202014037.091.99$519
Aug 202024039.982.39$960
Jul 202027038.371.83$1,036
Jun 202030034.901.69$1,047
May 202020016.921.81$338
Apr 202030014.751.80$443
Mar 202027030.341.86$819
Feb 202031049.881.98$1,546
Jan 20205368157.252.09$4,461
Dec 20194099359.012.30$4,649
Nov 20197083055.302.75$6,154
Oct 201931353.472.42$1,665
Sep 201914155.052.66$773
Aug 201914253.112.30$748
Jul 201920256.272.46$1,130
Jun 201929452.782.49$1,541

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                   23 bbl  × $106.41 =     $2,447
Casinghead gas        24 Mcf  × $  3.05 =        $73

────────────────────────────────────────────────────
Month total                                   $2,521

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/51897 is the state's own key, not one this site invented.