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Texas oil lease

Producing

FASKEN "56"

Fasken "56" is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

7,971bbl oil, last 12 months−27% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-37511

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
12,484 mcf
Oil in Jul 2026
405 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for FASKEN "56", Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 7,971 bbl in the 12 months through Jul 2026, against 10,874 bbl in the 12 months before.Last 12 months: 7,971 bblbbl per monthmcf per month001,0005002,0001,0003,0001,5004,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for FASKEN "56", Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 7,971 bbl in the 12 months through Jul 2026, against 10,874 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005002,0001,0003,0001,5004,0002,000Jan 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 "56" 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 "56" 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.

2 wells on this lease

Wells on FASKEN "56"
API numberWell no.Status
42-329-351493Active
42-329-351504Active

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–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Apr 25, 2005Aug 1, 2025

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

Who buys my oilOil price check

162.35 acres on the newest permit

Permits for Fasken "56"
API numberWell no.Acreson the permit
42-329-351504162.35
42-329-351493162.35

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

Unit decimal checker

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 "56"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P4053671,1071,1070$80.46$2.89
Jun 2026Diamondback E&P4723671,0071,0070$84.81$3.15
May 2026Diamondback E&P2823756096090$102.13$2.94
Apr 2026Diamondback E&P1931894694690$100.32$2.77
Mar 2026Diamondback E&P3706086080$91.38$3.04
Feb 2026Diamondback E&P5225559479470$64.51$3.62
Jan 2026Diamondback E&P6707307597590$60.04$7.72
Dec 2025Diamondback E&P1,3181,4621,5831,5830$57.97$4.26
Nov 2025Diamondback E&P6465265265260$60.06$3.79
Oct 2025Diamondback E&P1,1171,2501,8991,8990$60.89$3.19
Sep 2025Diamondback E&P1,0549211,5441,5440$63.96$2.97
Aug 2025Diamondback E&P1,2551,2851,4261,4260$64.86$2.91
Jul 2025Diamondback E&P1,9442,0441,6051,6050$68.39$3.20
Jun 2025Diamondback E&P2,3122,3731,9481,9480$68.17$3.02
May 2025Diamondback E&P2,6052,4111,9881,9880$62.17$3.12
Apr 2025Diamondback E&P2,0612,0061,4651,4650$63.54$3.42
Mar 2025Diamondback E&P3021892422420$68.24$4.12
Feb 2025Diamondback E&P00000$71.53$4.19
Jan 2025Diamondback E&P2783674734730$75.74$4.13
Dec 2024Endeavor Energy4553788238230$70.12$3.01
Nov 2024Endeavor Energy1801804724720$69.95$2.12
Oct 2024Endeavor Energy2823696646640$71.99$2.20
Sep 2024Endeavor Energy2921885785780$70.24$2.28
Aug 2024Endeavor Energy1631806396390$76.68$1.99
Jul 2024Endeavor Energy2533557177170$81.80$2.07
Jun 2024Endeavor Energy5203749139130$79.77$2.54
May 2024Endeavor Energy2973901,0401,0400$80.02$2.12
Apr 2024Endeavor Energy4565449739730$85.35$1.60
Mar 2024Endeavor Energy3543618288280$81.28$1.49
Feb 2024Endeavor Energy2481895845840$77.25$1.72
Jan 2024Endeavor Energy2913805735730$74.15$3.18
Dec 2023Endeavor Energy3052035775770$71.90$2.52
Nov 2023Endeavor Energy5435411,1721,1720$77.69$2.71
Oct 2023Endeavor Energy6065401,5001,5000$85.64$2.98
Sep 2023Endeavor Energy5225511,6091,6090$89.43$2.64
Aug 2023Endeavor Energy8739251,9041,9040$81.39$2.58

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

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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