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Texas oil lease

Producing

FASKEN 1X

Fasken 1X is an oil lease in Midland County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

31,118bbl oil, last 12 months−48% vs prior year
Operator
Ovintiv USA Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62837

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
114,992 mcf
Oil in Jul 2026
2,047 bbl

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for FASKEN 1X, Mar 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 31,118 bbl in the 12 months through Jul 2026, against 60,280 bbl in the 12 months before.Last 12 months: 31,118 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for FASKEN 1X, Mar 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 31,118 bbl in the 12 months through Jul 2026, against 60,280 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 98.9% of the gas in Mar 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of FASKEN 1X gas by disposition code each month, Mar 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 98.9% of the gas in Mar 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 98.9%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of FASKEN 1X gas by disposition code each month, Mar 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 98.9% of the gas in Mar 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 98.9%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 92,087 mcf

  • Transmission line (2)

    20% · 22,579 mcf

  • Flared (4)

    0.3% · 326 mcf

0.3% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on FASKEN 1X
API numberWell no.Status
42-329-46644108HRActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100Mar 23, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Mar 23, 2024
Enterprise Products Operating LLCCasinghead gasGathers100Mar 23, 2024

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

Who buys my oilOil price check

1,939.27 acres on the newest permit

An allocation well is on this lease

Permits for Fasken 1X
API numberWell no.Acreson the permit
42-329-46644108HR1,939.27

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

Unit decimal checker

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

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

Estimate your royalty

29 months, newest first

Ledger for FASKEN 1X
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,0472,04710,29810,28315$80.46$2.89
Jun 20262,0202,02010,68510,66223$84.81$3.15
May 20262,2632,26511,95711,91740$102.13$2.94
Apr 20262,7652,77010,67910,6772$100.32$2.77
Mar 20263,2393,2338,8338,8330$91.38$3.04
Feb 20261,6811,6826,3986,3971$64.51$3.62
Jan 20262,4462,4479,5749,5695$60.04$7.72
Dec 20252,4792,4789,7639,75310$57.97$4.26
Nov 20252,5802,5819,3559,32926$60.06$3.79
Oct 20254,1194,11711,62711,61314$60.89$3.19
Sep 20252,3232,3236,6896,502187$63.96$2.97
Aug 20253,1563,1569,1349,1313$64.86$2.91
Jul 20253,9083,91810,38610,36620$68.39$3.20
Jun 20255,0595,04711,54911,241308$68.17$3.02
May 20251,1041,1052,5372,50829$62.17$3.12
Apr 20255,3365,33612,53212,068464$63.54$3.42
Mar 20254,7114,71111,63611,6351$68.24$4.12
Feb 20254,8604,86012,26212,21547$71.53$4.19
Jan 20254,6974,69710,1789,955223$75.74$4.13
Dec 20244,6914,69010,75510,7505$70.12$3.01
Nov 20244,7094,71010,54410,50836$69.95$2.12
Oct 20245,3665,36512,83812,82018$71.99$2.20
Sep 20246,3336,33415,97015,853117$70.24$2.28
Aug 20249,5069,50518,40918,4027$76.68$1.99
Jul 20244,6034,6047,9577,9552$81.80$2.07
Jun 20248,2188,21814,79414,77321$79.77$2.54
May 202411,16711,16720,20620,15056$80.02$2.12
Apr 202418,14918,16025,69621,9363,760$85.35$1.60
Mar 20245,7985,7861,953221,931$81.28$1.49

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMidland County

Ovintiv USA Inc. in Midland County

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Spraberry (Trend Area) field

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