Skip to content
Royalty Clerk

Texas oil lease

Producing

FASKEN "16-21"

Fasken "16-21" is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

6 wells

6,113bbl oil, last 12 months−45% vs prior year
RRC lease
08-38869

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
15,156 mcf
Oil in Jul 2026
266 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for FASKEN "16-21", Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 6,113 bbl in the 12 months through Jul 2026, against 11,130 bbl in the 12 months before.Last 12 months: 6,113 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for FASKEN "16-21", Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 6,113 bbl in the 12 months through Jul 2026, against 11,130 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of FASKEN "16-21" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of FASKEN "16-21" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on FASKEN "16-21"
API numberWell no.Status
42-329-358431Shut-in
42-329-359252Active
42-329-362123Active
42-329-362214Active
42-329-366225Active
42-329-377646Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2025–
Troubadour Shipping & LogisticsOilGathers100Mar 1, 2026Sep 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2025Mar 1, 2026
Midcon Gathering LLCOilGathers100Aug 1, 2025Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100May 15, 2008Aug 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100May 15, 2008Aug 1, 2025
Oasis Transp & Marketing Corp.OilGathers100May 15, 2008Aug 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

493 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 493 and 493.1 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Fasken "16-21"
API numberWell no.Acreson the permit
42-329-362214493
42-329-366225493
42-329-362123493
42-329-358431493.10
42-329-359252493.10
42-329-377646493

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for FASKEN "16-21"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P2661917397390$80.46$2.89
Jun 2026Diamondback E&P5087497717710$84.81$3.15
May 2026Diamondback E&P6655531,1881,1880$102.13$2.94
Apr 2026Diamondback E&P4803702,0152,0150$100.32$2.77
Mar 2026Diamondback E&P4467341,8991,8990$91.38$3.04
Feb 2026Diamondback E&P4423761,4621,4620$64.51$3.62
Jan 2026Diamondback E&P5985691,5081,5080$60.04$7.72
Dec 2025Diamondback E&P4413671,8201,8200$57.97$4.26
Nov 2025Diamondback E&P5085341,3961,3960$60.06$3.79
Oct 2025Diamondback E&P4985466826820$60.89$3.19
Sep 2025Diamondback E&P5753605505500$63.96$2.97
Aug 2025Diamondback E&P6867261,1261,1260$64.86$2.91
Jul 2025Diamondback E&P7878731,0041,0040$68.39$3.20
Jun 2025Diamondback E&P5555338428420$68.17$3.02
May 2025Diamondback E&P6295549949940$62.17$3.12
Apr 2025Diamondback E&P6566889079070$63.54$3.42
Mar 2025Diamondback E&P7718891,1071,1070$68.24$4.12
Feb 2025Diamondback E&P6777268588580$71.53$4.19
Jan 2025Diamondback E&P1,3091,1211,5011,5010$75.74$4.13
Dec 2024Endeavor Energy1,1631,0881,9921,9920$70.12$3.01
Nov 2024Endeavor Energy1,0961,1091,8761,8760$69.95$2.12
Oct 2024Endeavor Energy1,1771,2341,9091,9090$71.99$2.20
Sep 2024Endeavor Energy7507191,4341,4340$70.24$2.28
Aug 2024Endeavor Energy1,5601,4571,8121,8120$76.68$1.99
Jul 2024Endeavor Energy9681,0992,1742,1740$81.80$2.07
Jun 2024Endeavor Energy1,5061,4391,4501,4500$79.77$2.54
May 2024Endeavor Energy7461,0821,1421,1420$80.02$2.12
Apr 2024Endeavor Energy1,2931,2542,0662,0660$85.35$1.60
Mar 2024Endeavor Energy1,1091,2731,7381,7380$81.28$1.49
Feb 2024Endeavor Energy1,6261,5952,3672,3670$77.25$1.72
Jan 2024Endeavor Energy1,5681,2752,0182,0180$74.15$3.18
Dec 2023Endeavor Energy1,9582,3462,8742,8740$71.90$2.52
Nov 2023Endeavor Energy1,7251,6392,2972,2970$77.69$2.71
Oct 2023Endeavor Energy2,0601,9181,7801,7800$85.64$2.98
Sep 2023Endeavor Energy1,9561,8132,2532,2530$89.43$2.64
Aug 2023Endeavor Energy1,9331,9822,2622,2620$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Diamondback E&P LLC in Midland County

All Diamondback E&P LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km