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Texas oil lease

Producing

FASKEN-STEPHENS 53B

Fasken-Stephens 53B is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

154,328bbl oil, last 12 months
RRC lease
08-63068

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
482,760 mcf
Oil in Jul 2026
7,380 bbl

Production by month

Oil output fell 75% since Apr 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 75% since Apr 2025Monthly oil production and gas for FASKEN-STEPHENS 53B, Apr 2025 to Jul 2026. Oil output fell 75% since Apr 2025. Monthly average of 8,098 bbl in the latest 3 months, against 32,577 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kApr 25JulOctJan 26AprJul
Oil output fell 75% since Apr 2025Monthly oil production and gas for FASKEN-STEPHENS 53B, Apr 2025 to Jul 2026. Oil output fell 75% since Apr 2025. Monthly average of 8,098 bbl in the latest 3 months, against 32,577 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.1% of the gas in Jan 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of FASKEN-STEPHENS 53B gas by disposition code each month, Apr 2025 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.1% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.1%Apr 25JulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of FASKEN-STEPHENS 53B gas by disposition code each month, Apr 2025 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.1% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Flared 5.1%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 479,548 mcf

  • Flared (4)

    0.5% · 2,197 mcf

  • Lease fuel (1)

    0.2% · 1,015 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on FASKEN-STEPHENS 53B
API numberWell no.Status
42-329-470272HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Apr 6, 2025
Phillips 66 Dos Picos LLCCasinghead gasBuys100Apr 6, 2025
Phillips 66 Dos Picos LLCCasinghead gasGathers100Apr 6, 2025

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

441.45 acres on the newest permit

An allocation well is on this lease

Permits for Fasken-Stephens 53B
API numberWell no.Acreson the permit
42-329-470272H441.45

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

Estimate your royalty

16 months, newest first

Ledger for FASKEN-STEPHENS 53B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,3807,36228,50428,4280$80.46$2.89
Jun 20267,9497,99831,18331,1060$84.81$3.15
May 20268,9668,93936,48936,4001$102.13$2.94
Apr 20269,4229,39537,17037,0860$100.32$2.77
Mar 202610,64210,65942,39642,3050$91.38$3.04
Feb 202610,90510,97737,48637,283122$64.51$3.62
Jan 202612,02311,95840,78138,6082,074$60.04$7.72
Dec 202514,34014,40844,77244,6820$57.97$4.26
Nov 202513,81513,75944,31644,2240$60.06$3.79
Oct 202516,77616,77045,80345,7220$60.89$3.19
Sep 202519,03919,04448,55248,4740$63.96$2.97
Aug 202523,07123,07045,30845,2300$64.86$2.91
Jul 202530,25230,25052,40452,3122$68.39$3.20
Jun 202535,10235,09444,39144,3000$68.17$3.02
May 202536,81936,84238,03037,89650$62.17$3.12
Apr 202525,81025,73225,26024,801400$63.54$3.42

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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