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Texas oil lease

Producing

FASKEN-STEPHENS 53I

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

1 well

119,471bbl oil, last 12 months
RRC lease
08-63518

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
463,439 mcf
Oil in Jul 2026
4,905 bbl

Production by month

Oil output fell 83% since Apr 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 83% since Apr 2025Monthly oil production and gas for FASKEN-STEPHENS 53I, Apr 2025 to Jul 2026. Oil output fell 83% since Apr 2025. Monthly average of 5,455 bbl in the latest 3 months, against 31,547 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kApr 25JulOctJan 26AprJul
Oil output fell 83% since Apr 2025Monthly oil production and gas for FASKEN-STEPHENS 53I, Apr 2025 to Jul 2026. Oil output fell 83% since Apr 2025. Monthly average of 5,455 bbl in the latest 3 months, against 31,547 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

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.5% of the gas in Jan 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of FASKEN-STEPHENS 53I gas by disposition code each month, Apr 2025 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.5% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.5%Apr 25JulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of FASKEN-STEPHENS 53I gas by disposition code each month, Apr 2025 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.5% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Flared 4.5%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 429,981 mcf

  • Lease fuel (1)

    7.0% · 32,296 mcf

  • Flared (4)

    0.3% · 1,162 mcf

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

1 well on this lease

Wells on FASKEN-STEPHENS 53I
API numberWell no.Status
42-329-470229HActive

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).

441.40 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Fasken-Stephens 53I
API numberWell no.Acreson the permit
42-329-470229H441.40

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

Estimate your royalty

16 months, newest first

Ledger for FASKEN-STEPHENS 53I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,9054,89531,05028,7050$80.46$2.89
Jun 20265,7915,81936,37733,9430$84.81$3.15
May 20265,6695,65534,65932,2541$102.13$2.94
Apr 20266,4936,47639,90137,3240$100.32$2.77
Mar 20268,0078,02544,83541,6150$91.38$3.04
Feb 20269,3749,39437,32034,281112$64.51$3.62
Jan 20266,1176,09623,37919,5231,049$60.04$7.72
Dec 202510,42310,45531,82829,3160$57.97$4.26
Nov 20258,0818,06627,96425,4130$60.06$3.79
Oct 202514,18814,18945,48642,4600$60.89$3.19
Sep 202518,13418,13956,90754,2110$63.96$2.97
Aug 202522,28922,27853,73350,9360$64.86$2.91
Jul 202524,03124,02548,74046,3012$68.39$3.20
Jun 202526,06826,07237,41335,3270$68.17$3.02
May 202533,35833,41437,78035,76648$62.17$3.12
Apr 202535,21535,10938,33434,152551$63.54$3.42

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 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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