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Texas oil lease

Producing

FASKEN -R-

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

1 well

1,336bbl oil, last 12 months−39% vs prior year
RRC lease
08-30983

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
114 mcf
Oil in Jul 2026
270 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for FASKEN -R-, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 1,336 bbl in the 12 months through Jul 2026, against 2,202 bbl in the 12 months before.Last 12 months: 1,336 bblbbl per monthmcf per month002002504005006007508001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for FASKEN -R-, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 1,336 bbl in the 12 months through Jul 2026, against 2,202 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 100.0% of the gas in Nov 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuelShare of FASKEN -R- gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 100.0% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to plantFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuelShare of FASKEN -R- gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 100.0% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Feb 26: fuel to plantFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    73% · 1,786 mcf

  • Lease fuel (1)

    27% · 650 mcf

  • Flared (4)

    0.4% · 11 mcf

0.4% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on FASKEN -R-
API numberWell no.Status
42-329-317491Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jan 1, 2007
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

80 acres on the newest permit

Permits for Fasken -R-
API numberWell no.Acreson the permit
42-329-31749180

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

Estimate your royalty

36 months, newest first

Ledger for FASKEN -R-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202627016428280$80.46$2.89
Jun 2026179148000$84.81$3.15
May 202600000$102.13$2.94
Apr 2026400000$100.32$2.77
Mar 202621234856560$91.38$3.04
Feb 202620516830300$64.51$3.62
Jan 2026157164000$60.04$7.72
Dec 20251570000$57.97$4.26
Nov 2025113165000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202530000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202533000$68.17$3.02
May 202500000$62.17$3.12
Apr 2025811608400$63.54$3.42
Mar 2025372350113260$68.24$4.12
Feb 2025284349103250$71.53$4.19
Jan 2025548518144570$75.74$4.13
Dec 20247005600$70.12$3.01
Nov 20240011011$69.95$2.12
Oct 20241241602952080$71.99$2.20
Sep 20243573307226380$70.24$2.28
Aug 20243633218057180$76.68$1.99
Jul 20243684878487610$81.80$2.07
Jun 20243493358637790$79.77$2.54
May 20243793319018140$80.02$2.12
Apr 20244104648898050$85.35$1.60
Mar 20244183538307430$81.28$1.49
Feb 20247202121310$77.25$1.72
Jan 20241901751050$74.15$3.18
Dec 202300000$71.90$2.52
Nov 20232123110260$77.69$2.71
Oct 20231805024150$85.64$2.98
Sep 202310003723130$89.43$2.64
Aug 202300000$81.39$2.58

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

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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