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Texas oil lease

Producing

FASKEN -L-

Fasken -L- is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

35bbl oil, last 12 months−94% vs prior year
RRC lease
08-29466

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
7 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 94% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 94% over the last 12 monthsMonthly oil production and gas for FASKEN -L-, Aug 2023 to Jul 2026. Oil output fell 94% over the last 12 months. 35 bbl in the 12 months through Jul 2026, against 547 bbl in the 12 months before.Last 12 months: 35 bblbbl per monthmcf per month00251005020075300100400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 94% over the last 12 monthsMonthly oil production and gas for FASKEN -L-, Aug 2023 to Jul 2026. Oil output fell 94% over the last 12 months. 35 bbl in the 12 months through Jul 2026, against 547 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuelShare of FASKEN -L- gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuelShare of FASKEN -L- gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Nov 25: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    63% · 1,558 mcf

  • Lease fuel (1)

    37% · 899 mcf

1 well on this lease

Wells on FASKEN -L-
API numberWell no.Status
42-329-314071Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021–
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Dec 1, 2017Dec 1, 2022
Gulfmark Energy, Inc.OilGathers50Oct 1, 2014Jul 1, 2021

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

80 acres on the newest permit

Permits for Fasken -L-
API numberWell no.Acreson the permit
42-329-31407180

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

Estimate your royalty

36 months, newest first

Ledger for FASKEN -L-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 20261346000$84.81$3.15
May 202600000$102.13$2.94
Apr 20261414000$100.32$2.77
Mar 202655000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500770$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202510000$63.96$2.97
Aug 202520000$64.86$2.91
Jul 202530165129420$68.39$3.20
Jun 20259602061220$68.17$3.02
May 2025571742261390$62.17$3.12
Apr 20257502942100$63.54$3.42
Mar 20253702371500$68.24$4.12
Feb 20254402261480$71.53$4.19
Jan 20253001951450$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202416622011170$69.95$2.12
Oct 2024311722381510$71.99$2.20
Sep 20246602811970$70.24$2.28
Aug 20246502171300$76.68$1.99
Jul 2024651702801930$81.80$2.07
Jun 20246102741900$79.77$2.54
May 2024721683182310$80.02$2.12
Apr 20245002811970$85.35$1.60
Mar 20248803252380$81.28$1.49
Feb 2024461712731920$77.25$1.72
Jan 20247702821950$74.15$3.18
Dec 2023781793212340$71.90$2.52
Nov 20236903032190$77.69$2.71
Oct 20238503322450$85.64$2.98
Sep 2023761743142300$89.43$2.64
Aug 20238303362490$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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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

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