FAXEL
FAXEL is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 1,368,853 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1K, with roughly $349 expected over the next twelve months.
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 257705 |
| Wellbores | 1 |
| Reported production | 1,368,853 mcf |
| First reported | March 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $1K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.