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Texas oil lease

Producing

FEE "AX"

Fee "Ax" is an oil lease in Midland County, Texas, operated by Fasken Oil and Ranch, Ltd. in the Spraberry (Trend Area) field.

16 wells

9,890bbl oil, last 12 months+66% vs prior year
Operator
Fasken Oil and Ranch, Ltd.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-39610

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
36,704 mcf
Oil in Jul 2026
877 bbl

Production by month

Oil output rose 66% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 66% over the last 12 monthsMonthly oil production and gas for FEE "AX", Aug 2023 to Jul 2026. Oil output rose 66% over the last 12 months. 9,890 bbl in the 12 months through Jul 2026, against 5,969 bbl in the 12 months before.Last 12 months: 9,890 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 66% over the last 12 monthsMonthly oil production and gas for FEE "AX", Aug 2023 to Jul 2026. Oil output rose 66% over the last 12 months. 9,890 bbl in the 12 months through Jul 2026, against 5,969 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuelShare of FEE "AX" gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2024 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%Mar 2024: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuelShare of FEE "AX" gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Mar 24: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 38,046 mcf

  • Lease fuel (1)

    0.4% · 147 mcf

16 wells on this lease

Wells on FEE "AX"
API numberWell no.Status
42-329-361801303Active
42-329-361811304Active
42-329-361951305Active
42-329-361961306Active
42-329-362681302Active
42-329-362691310Active
42-329-362701308Active
42-329-362711316Active
42-329-363011312Active
42-329-363021311Active
42-329-363031313Active
42-329-363041314Active
42-329-365501301Active
42-329-365531307Active
42-329-365691309Active
42-329-365701315Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Fasken Oil and Ranch, Ltd.OilGathers100Sep 15, 2009
Fasken Oil and Ranch, Ltd.Casinghead gasBuys100Dec 17, 2013
Fasken Oil and Ranch, Ltd.Casinghead gasGathers100Mar 1, 2010

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

Who buys my oilOil price check

640 acres on the newest permit

16 wells are listed on this lease

Permits for Fee "Ax"
API numberWell no.Acreson the permit
42-329-365691309640
42-329-365701315640
42-329-365531307640
42-329-365501301640
42-329-363031313640
42-329-362711316640
42-329-363011312640
42-329-363021311640
42-329-363041314640
42-329-361811304640
42-329-361801303640
42-329-361951305640

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

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36 months, newest first

Ledger for FEE "AX"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268779777,9147,8920$80.46$2.89
Jun 20262,2432,45012,19712,1720$84.81$3.15
May 20265,3264,8656,2216,1940$102.13$2.94
Apr 2026062,8162,7960$100.32$2.77
Mar 2026520000$91.38$3.04
Feb 2026651211381370$64.51$3.62
Jan 20263673381,2981,2900$60.04$7.72
Dec 20254494161,1871,1810$57.97$4.26
Nov 20251191231,4841,4750$60.06$3.79
Oct 20252562421,2721,2650$60.89$3.19
Sep 202545509389330$63.96$2.97
Aug 20251381351,2391,2320$64.86$2.91
Jul 202553781,4891,4790$68.39$3.20
Jun 2025119989289160$68.17$3.02
May 2025208257560$62.17$3.12
Apr 20255565241,5421,53210$63.54$3.42
Mar 20256576631,4011,3920$68.24$4.12
Feb 20254624941,0181,0110$71.53$4.19
Jan 20258838501,7691,7570$75.74$4.13
Dec 20243553601,1111,1040$70.12$3.01
Nov 20245726441,3921,3840$69.95$2.12
Oct 20241,2921,2102,6442,6280$71.99$2.20
Sep 20244025071,2321,2230$70.24$2.28
Aug 20245985341,9201,9080$76.68$1.99
Jul 20245985982,0752,0630$81.80$2.07
Jun 20248268322,4112,3960$79.77$2.54
May 20241,0421,0321,8521,8380$80.02$2.12
Apr 20246906241,8821,8630$85.35$1.60
Mar 2024771343063030$81.28$1.49
Feb 202416456987808$77.25$1.72
Jan 20244,2973,9317,137049$74.15$3.18
Dec 20231,2701,2183,2633,2370$71.90$2.52
Nov 20230100000$77.69$2.71
Oct 20235495802832740$85.64$2.98
Sep 20231,3081,3694,5534,5370$89.43$2.64
Aug 20231,5701,6214,2994,2860$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

OperatorFasken Oil and Ranch, Ltd.FieldSpraberry (Trend Area)CountyMidland County

Fasken Oil and Ranch, Ltd. in Midland County

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Spraberry (Trend Area) field

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